dealingfloor.com

** US MARKETS **
Dow 1,83%; Nasdaq 2,79%; S&P 2,12%; Soxx 4,15%; Russel2k 3,54%; DJAIG 2,08%;
10yr Bond -0,3%; 10yr Yield 5,1%; Crude future 69,8; Gold 575,75

| Energy 3,54%| Materials 3,19%| Technology 2,63%| Financials 2,2%| Industrials
2,13%| ConsDisc 2,11%| Telecom 2,01%| Utilities 1,35%| Healthcare 1,32%|
ConsStaples 0,81%

** US HEADLINES **
- U.S. Shares Rise the Most in a Year as Recovery From 7-Month Low Quickens
- Stocks, Emerging Markets Rebound Worldwide; Commodity, Metal Prices Climb
- Jobless Claims, Manufacturing Reports Ease Concerns About Slowing Economy
- Treasuries Fall, Extending Rout, as Reports Suggest Growth Remains Strong
- Bear Stearns Earnings Jump 81 Percent on Fixed Income and Equity Trading
- Bernanke Warns High Crude Oil Prices May Slow Growth, Spur Price Increase
- Selected Airline Fares Increased $50 Each Way by Six Largest U.S. Carriers
- Gold Investors, Betting on a Price Recovery, Buy More Gold-Backed Shares
- Natural Gas Prices Surge a Second Day as Supply Increase Trails Forecast
- Millennium Pharmaceuticals Says It Ended Sale Talks; Shares Rise on Report

** US: IN PLAY TODAY **
- Microsoft announced that effective July 2008, founder and Chairman Bill
Gates will transition out of a day-to-day role in the co to spend more time on
his global health and education work at the Bill &Melinda Gates Foundation. The
co announced a two-year transition process to ensure that there is a smooth and
orderly transfer of Gates’ daily responsibilities, and said that after July 2008
Gates would continue to serve as the company’s chairman and an advisor on key
development projects.

- Oracle (+6.5% after hours) preannounced Q4 results above consensus and prior
guidance. Co sees Q4 non-GAAP EPS of $0.29 (consensus $0.27), up from prior
guidance of $0.26-0.28, and expects non-GAAP revenue to grow 22% to $4.94 bln,
exceeding previous guidance of 10-14% growth.

- Adobe ( -3.8% after hours) Reports Q2 (May) earnings of $0.31 per share, $0.01
better than the Reuters Estimates consensus of $0.30; revenues rose 28.1%
year/year to $635.5 mln vs the $644.9 mln consensus. Co issues downside guidance
for Q3, sees EPS of $0.25-0.27 vs. $0.29 consensus; sees Q3 revs of $580-610 mln
vs. $627.64 mln consensus. Co issues downside guidance for FY06, sees EPS of
$1.20-1.25, down from previous guidance of $1.26-1.30 vs. $1.26 consensus; sees
FY06 revs of $2.54-2.60 bln, down from previous guidance of $2.7 bln, vs. $2.64
bln consensus.

- Carnival Corp releases earnings. Further today is quadruple witching, meaning
markets could see even higher volatility!

- From the macro front we’ll see Q1 Current Account figures at 14:30 CET
followed by Michigan Consumer Sentiment at 15:45 CET

Share This

This entry was posted on Friday, June 16th, 2006 at 6:58 and is filed under Uncategorized.