Markets Trade Flat Ahead of Wednesday’s Fed Meeting

Dow finishes fractionally lower, while Nasdaq and S&P
manage to stay slightly in the green.  Crude oil futures close higher by
nearly 1% to $63.87.

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

Applied Materials Inc. Reports That It Has
Repurchased 145 Million Shares Through Its Recently Created Accelerated Buyback
Program.  AMAT shares are closed higher today up 3.3%.

Gevity Slashes EPS Outlook For Q3, Q4, FY06,
Citing Non-attainment Of Desired Results In Health Carrier Choice And Sales
Cycle (full
story).  GVHR shares get slashed by 13.45%.

Citizens To Buy Commonwealth Telephone
For $1.16 Bln Cash And Stock (full
story).  CZN shares finish higher by nearly 1%, while CTCO shares trade
higher by 6%.

Sharper Image Prelim. Q2 Net Loss Widens;
Delays Form 10-Q Filing; To Restate Previous Results (full
story).  SHRP shares fall  by 3.5%.

Credit Suisse Raises Symantec Corp. To
Outperform From Neutral With $24 Up From $19 Price Target.  SYMC shares
trade up by 0.5%.

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