Choppy Action Ahead Of Wednesday’s Fed Meeting

Major indices finish fractionally lower.  Crude oil futures
close lower by over 3% to $62.25.

href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>
Stocks on the
Move

AutoZone Q4 Profit Rises, Beats Analysts’ View;
Revenues Grow 3% (full
story
).  AZO shares finish higher by nearly 5%.

Progress Software Q3 Revenue Rises 12%; Beats
Estimate; Sees Q4, FY06 Revenue Below Consensus (full
story
).  PRGS shares drop over 6%.

Motorola To Buy Symbol Tech In $3.9 Bln
Cash Deal; Sees Buyout To Be Accretive To EPS In Year One (full
story
).  MOT shares close fractionally lower.  SBL shares close
fractionally higher.

FactSet Research Systems Q4 Earnings Rise On
Top Line Growth, EPS Beat Estimate (full
story
).  FDS shares rise over 6%.

St. Jude Medical’s Tendril ST Lead Gets FDA,
European CE Mark Approval (full
story
).  STJ shares finish flat for the day.

CBRL Group Q4 Profit Declines 5% On
Recapitalization, While EPS Up 39% On Lower Shares; Revenue Up 2%; Guides FY07 (full
story
).  CBRL shares finish fractionally higher.

For more stories as they happen, go to our href=”https://tradingmarkets.com.site/news/Breaking%20News/”>Breaking
News
section.



Market Snapshot

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Dow

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-14.09

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11,540.91

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NASDAQ

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-13.38

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2,222.37

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S&P 500

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-2.86
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1,318.32
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size=2>NYSE

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size=2>NASDAQ

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Volume

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2,337,546,000

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2,050,270,000

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Advances

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1350

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1106

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Declines

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1895

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1887

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Up Volume

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710

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560

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Down Volume

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1381

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1361

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New Hi’s

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84

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67

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New Lo’s

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43

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60



Strongest/Weakest Sectors

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Strongest
Sectors


Weakest
Sectors

Amex Airline Index (XAL) DOW Jones Internet Commerce (ECM)
Amex Disk Drive Index 
(DDX)
Amex Gold Bugs Index
(HUI)
Computer Hardware Index (HWI) PHLX Gold and Service Sector (XAU)

href=”https://tradingmarkets.com.site/news/Economic%20News/”>
Economic
News

Core Producer Prices Fall Unexpectedly In August (full
story
).

Housing Starts See Significant Decline In August (full
story
).

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Darren Wong

darrenw@tradingmarkets.com


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