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Week in Review: February 01 - 05, 2010Feb 05, 2010 (SmarTrend(R) Week In Review via COMTEX) -- % Change ------------------------------ Index Close Week YTD ------------------------------------------------------ DJIA 10012.23 -0.55% -3.99% S&P 500 1066.18 -0.72% -4.39% NASDAQ 2141.12 -0.29% -5.64% -Goldman Sachs (NYSE:GS) CEO Blankfein bonus may reach $100 million -UPS (NYSE:UPS) profit soars and beats estimates; News Corp. (NYSE:NWS) beats estimates and raises outlook; BP (NYSE:BP) posts higher profit on rebounding oil; Royal Dutch Shell (NYSE:RDS.A) misses forecast; Cisco Systems (NASDAQ:CSCO) beats estimates; Comcast (NASDAQ:CMCSA) beats estimates -Amazon (NASDAQ:AMZN) caves in on Macmillan e-book pricing -PNC Financial (NYSE:PNC) repays its $7.6 billion of TARP funds and announces secondary offering after BNY Mellon (NYSE:BK) inked a $2.3 billion cash deal to acquire PNC's Global Investment Servicing Unit -Monster Worldwide (NYSE:MWW) acquires Yahoo's (NASDAQ:YHOO) HotJobs for $225 million in cash -Toyota (NYSE:TM) beats estimates and boosts guidance despite recall costs, but regulators launch probe into brake problems in Prius -NY Attorney General Andrew Cuomo files securities fraud charges against former Bank of America (NYSE:BAC) CEO Kenneth Lewis -The Dow Jones Industrial Average dips below the psychologically significant 10,000 level -Employers unexpectedly cut 20,000 in January, but the unemployment rate surprisingly fell to a five-month low of 9.7% The Week Ahead: February 08- 12, 2010 --------------------------------------------------------------------------------------------- -Earnings Calendar: -Mon: CVS Caremark (NYSE:CVS), Electronic Arts (NASDAQ:ERTS), Hartford Financial Services (NYSE:HIG), Hasbro (NYSE:HAS), Loews Corp. (NYSE:L) -Tues: Biogen Idec (NASDAQ:BIIB), BJ Services Company (NYSE:BJS), Coventry Health Care (NYSE:CVH), EOG Resources (NYSE:EOG), Molson Coors Brewing (NYSE:TAP), NYSE Euronext (NYSE:NYX), Pulte Homes (NYSE:PHM), The Coca-Cola Company (NYSE:KO), Walt Disney (NYSE:DIS) -Wed: Boston Scientific (NYSE:BSX), Coca-Cola Enterprises (NYSE:CCE), Dean Foods (NYSE:DF), Marsh & McLennan (NYSE:MMC), Masco (NYSE:MAS), Omnicom Group (NYSE:OMC), Scripps Networks Interactive (NYSE:SNI), Sprint Nextel (NYSE:S), The New York Times (NYSE:NYT) -Thurs: Agilent Technologies (NYSE:A), AutoNation (NYSE:AN), Cephalon (NASDAQ:CEPH), Expedia (NASDAQ:EXPE), Marriott International (NYSE:MAR), McAfee (NYSE:MFE), PepsiCo (NYSE:PEP), Phillip Morris International (NYSE:PM), Viacom (NYSE:VIA) -Fri: Duke Energy (NYSE:DUK) -Economic Data (estimates in parenthesis):Wholesale Inventories Dec (0.5%), Trade Balance Dec (-$35.5B), Advance Retail Sales Jan (0.3%), Initial Jobless Claims Feb 6 (456K), Business Inventories Dec (0.4%), University of Michigan Confidence Feb P (74.8) -FedSpeak: Philadelphia Fed President Charles Plosser (Wed) By Chip Brian, Editor-in-Chief Ticker Trend Trend Date Trend Price Last Price Return ---------------------------------------------------------------------------- BP Downtrend 1/22/2010 $58.43 $53.18 9.00% TM Downtrend 01/26/2010 $86.84 $74.71 13.97% HAS Uptrend 07/20/2009 $26.39 $30.80 16.71% BIIB Uptrend 11/12/2009 $46.45 $53.53 15.24% SmarTrend scans over 5,000 stocks daily and alerts you when a change in trend is identified. Get a free trial of our trading calls at http://www.TradeTheTrend.com. Get exclusive insight into how the market is expected to perform...before the market opens. Sign up for our free daily market analysis newsletter: http://www.TradeTheTrend.com/signup.html SmarTrend is a registered trademark of Comtex News Network, Inc., a premier provider of relevant, licensed news and content to companies worldwide. Want licensed news on your website? Visit http://www.Comtex.com for a free trial. |