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Market highlights for next week: Earnings releases continue...

Monday October 29
Tuesday October 30
Wednesday October 31
Thursday November 1
Friday November 2

Market highlights for next week: Lowe's (LOW), Target (TGT) to report

Monday August 20
Tuesday August 21
Wednesday August 22
  • CA Incorporated (NYSE: CA) annual meeting of stockholders at 10am.
  • Abercrombie & Fitch Co (NYSE: ANF) to report Q2 earnings; conference call at 4:30pm.
  • Richmond Federal Bank President Lacker to speak at 12:30pm in Charlotte, NC about the U.S. Economic Outlook.
Thursday August 23
Friday August 24
  • H.J. Heinz Company (NYSE: HNZ) to report Q1 earnings; conference call at 8:30am.
  • PDUFA Date for IDM Pharmaceutical Inc's (NASDAQ: IDMI) MTP-PE (Mifamurtide), formerly Junovan, newly diagnosed resectable high grade osteosarcoma (bone cancer) in combination with chemotherapies.

Analyst initiations 5-11-07: DOW, NILE, WINN and ZQK

MOST NOTEWORTHY: Dow Chemical (DOW), Smart Modular (SMOD), Wolverine World Wide (WWW), Win-Dixie Stores (WINN) and Blue Nile (BLUE) were today's noteworthy initiations:
  • UBS is positive on the ethylene cycle over the next two years and believes Dow Chemical (NYSE: DOW) can beat 2008 consensus estimates, initiating shares with a Buy rating.
  • JMP Securities started Smart Modular (NASDAQ: SMOD) with a Strong Buy as a unit volume growth theme without much dependence on commodity memory chip pricing.
  • Citigroup expects further upside given Wolverine World Wide's (NYSE: WWW) strong portfolio of brands, further growth opportunities through line extensions and international growth. The firm started Wolverine World Wide with a Buy rating and $33 target.
  • Winn-Dixie Stores (NASDAQ: WINN) was started with a Market Perform rating, citing low levels of profitability and unproven ability to drive sustainable profitable sales.
  • American Technology believes the valuation of Blue Nile (NASDAQ: NILE) leaves little room for upside, despite a highly attractive business model and strong fundamentals, and started shares with a Sell rating and $45 target...
OTHER INITIATIONS:
  • Longbow started Mips Tech (NASDAQ: MIPS) with a Buy rating and $12 target.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Symbol Lookup
IndexesChangePrice
DJIA+32.7311,220.96
NASDAQ-3.162,255.88
S&P 500+5.481,242.31

Last updated: September 06, 2008: 04:04 PM

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