Stocks Rise, Slight Gains for the Week

• November 16, 2007
• TradingMarkets Editors

Stocks ended the week with modest gains, after another day of mixed earnings and lowered forecasts.

Cisco Systems
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PowerRating) announced a $10 billion expansion of its share buyback program, taking the total up to $62 billion (read more).

Starbucks
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PowerRating) lowered its forecast for 2008, due to a slowing down of store traffic (read more).

AnnTaylor Stores
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ANN |
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PowerRating) Q3 profit and net sales rose, but the company nonetheless lowered its full-year ’07 outlook (read more).

Garmin
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PowerRating) shares rallying after the company extended its agreement with NAVTEQ
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NVT |
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PowerRating) and dropped its bid for Tele Atlas (read more).

Agilent Technologies
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A |
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PowerRating) is the biggest gainer in the S&P 500 today after the company beat estimates and announced a $2 billion share buyback program (read more).

Market Snapshot

Dow 66.74 13176.79 NASDAQ 18.73 2637.24 S&P 500 7.59 1458.74   NYSE NASDAQ Volume 1,773,500,980 2,507,407,930 Up Volume 937,074,750 1,489,186,657 Down Volume 825,324,530 987,661,932 Advances 1460 1359 Declines 1801 1578 New Highs 31 23 New Lows 354 235

Strongest/Weakest Industry Groups

Strongest Industries % Change Weakest Industries % Change Oil & Gas Refining & Marketing +2.95% Gaming Activities -5.16% Scientific & Technical Instruments +2.91% Specialty Eateries -4.29% Meat Products +2.29% Mortgage Investment -3.97%

Economic News

Net Foreign Purchases (Sep): Actual -$26.4B, Consensus $66.0B Industrial Production (Oct): Actual -0.5%, Consensus 0.1% Capacity Utilization (Oct): Actual 81.7%, Consensus 82.0%