Thursday, September 21, 2006

Thursday After Hours Review

The market closed lower today after Philly Federal Reserve reported a sharper than expected decline in manufacturing. This number indicates further fueling concern about the slowing economy. Volume has increased on all exchanges. A bad sign for the market. Let's see if the sell-off continue Friday before we can declare the rally is over.

Tomorrow's Expected Earnings
Company (Symbol) Expected Last Year
3Com (COMS) -0.01 -0.10
A.G. Edwards (AGE) $0.87 $0.64
Carnival (CCL) $1.46 $1.41
ConAgra Foods (CAG) 0.23 0.31
FedEx (FDX) $1.52 $1.25
General Mills (GIS) 0.67 0.64
Nike (NKE) 1.42 1.61
Rite Aid (RAD) -0.02 -0.03

Today's Reported Earnings
Company (Symbol) Reported Expected Last Year
AAR Corporation (AIR) $0.28 $0.26 $0.15
Bed Bath & Beyond (BBBY) $0.51 $0.51 $0.47
Biomet (BMET) $0.42 $0.43 $0.40
Circuit City (CC) $0.07 $0.05 $0.01
Possis Medical (POSS) $0.07 $0.02 $0.07

No comments: