Program: Wednesday, October 8, 2003
NBC Universal Is Born
The Terminator's Biggest Gubernatorial Task
The SEC Approves New Rules For Corporate Regulation
It's United We Stand For Fast Food Restaurants
Money File-Considering The Cash Dividend
Paul Kangas' Stocks In The News
Market Stats
10/08/03:
NBC Universal Is Born
SUSIE GHARIB: Wall Street posted its first loss for the month of October. The Dow slipped 23
points and the NASDAQ fell 14. Dow component stock General Electric also
finished lower today, and that`s even though it finally closed on its colossal
deal to buy Vivendi Universal`s assets. The deal creates a $43 billion media
powerhouse.
Scott Gurvey has details.
SCOTT GURVEY, NIGHTLY BUSINESS REPORT CORRESPONDENT: Less than six weeks after
announcing they were in talks to merge Universal Entertainment into NBC,
General Electric and Vivendi have announced a formal deal to create a $43
billion movie studio and television network. The venture will be called NBC
Universal and G.E. will own 80 percent.
G.E. will pay Vivendi Universal Entertainment`s shareholders $3.8 billion in
cash and assume $1.7 billion in debt. The new venture will include the NBC
television network, 14 TV stations and Spanish broadcaster Telemundo. It will
also have Universal Studios, makers, among other things, of the highly
profitable "Law and Order" TV shows seen on NBC; the cable channels USA, Sci-
Fi, CNBC, MSNBC, which is a joint venture with Microsoft (MSFT), Bravo and
Trio, as well as interests in five theme parks.
In a conference call today G.E. executives said they see $400 million to $500
million in annual savings from both cost reductions and revenue growth for the
new venture. The deal also gives NBC access to a major movie studio, an asset
already employed by its principal competitors, Disney (DIS), Viacom (VIA) and
Fox (FOX). It also gives the NBC TV network a lock on its "Law and Order"
franchise, a series of hit shows seen as essential to NBC`s success in the
years ahead.
G.E. said the deal may dilute earnings by a $0.01 a share initially, but should
add a $0.01 a share to earnings by year two.
JONATHAN SCHRAEER, ANALYST, MORNINGSTAR: With the consolidation in distribution
in the media sector, you know, NBC, to make this play on the content side,
makes a lot of sense for them. It also dramatically reduces their dependence
upon advertising. Now they`re going to be about 50 percent advertising and 50
percent fees and other things such as that. So strategically it makes really
good sense for them. Our concern is that perhaps they may have overpaid. That
will prove itself out the end in terms of how much synergies there actually
are.
GURVEY: The deal still requires regulatory approval and Vivendi must work out a
settlement with media mogul Barry Diller, who owns about five percent of
Vivendi`s entertainment assets. Scott Gurvey, NIGHTLY BUSINESS REPORT, New York.
Nightly Business
Report transcripts are available on-line post broadcast. The program
is transcribed by eMediaMillWorks. Updates may be posted at a later
date. The views of our guests and commentators are their own and
do not necessarily represent the views of Community Television Foundation
of South Florida, Inc. Nightly Business Report, or WPBT. Information
presented on Nightly Business Report is not and should not be considered
as investment advice. Copyright (c) 2003 Community Television Foundation
of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
10/08/03: The Terminator's Biggest Gubernatorial Task
SUSIE GHARIB: Arnold Schwarzenegger held his first news conference as Governor Elect
just a short while ago. He announced that California Representative David
Dreier would head his transition team. He also reiterated his campaign promise
that he would not raise taxes.
Joining us now to talk about what Schwarzenegger needs to do to reenergize the
California economy, the fifth largest in the world, is Todd Buchholz, Former
White House Economic Advisor in the first Bush administration.
Hi, Todd.
TODD BUCHHOLZ, FORMER WHITE HOUSE ECONOMIC ADVISOR: Hello, Susie.
GHARIB: Well, I don`t know if you had a chance to listen to the news conference
that he held, but I mean obviously Schwarzenegger has been voted in as a change
agent. Now that reality has set in, do you think he`ll be able to deliver on
that?
BUCHHOLZ: I think he will be able to deliver change. You know, he may have
played a robot, but the man is no dummy. And what he needs to do is separate
the immediate term crisis from the long-term. In other words, he can`t
instantly balance the books, but he can, over a three or four year period, make
California a more attractive way of -- a more attractive place to do business.
Gray Davis scared away businesses and Arnold Schwarzenegger has to invite them
back.
GHARIB: What sense do you have -- you live in California, you`re from
California -- what sense do you have about the move from the business
community? How attracted are they to Governor Schwarzenegger?
BUCHHOLZ: Well, they know that things couldn`t have gotten worse. Just a few
days ago, Governor Davis signed a bill forcing even small and medium sized
businesses to provide health care. Now, that`s a noble motive, but it`s not a
very effective way of getting small and medium sized businesses to hire more
people. So I think businessmen and
businesswomen understand that Arnold has a tough task and they`re will to go
support him in these initial stages if he can show strong leadership. And he
knows that`s what he needs to do.
GHARIB: If you were advising Schwarzenegger, what do you think that he needs to
do to balance the budget, or at least reduce that $38 billion deficit?
BUCHHOLZ: Well, the first thing he needs to do is immediately revamp a worker`s
compensation system which costs several times as much as that of the
neighboring state, Arizona. I don`t mean in total, I mean per worker.
Chiropractors are the only ones who`ve prospered in California because workers
can go on a limitless number of visits to chiropractors. The worker`s comp
system has to be changed. He needs to reverse the health care bill that
Governor Davis just signed and he also needs to reverse, I think, the rather
dangerous initiative Davis signed a few weeks before that gives drivers
licenses to illegal aliens, because that signals that the government is going
to be paying more and more and more to those who are not themselves paying
taxes into the system.
GHARIB: Do you think that Schwarzenegger can live up to his promise of not
raising taxes when you are facing that $38 billion deficit? At some point is he
going to have to raise taxes on something?
BUCHHOLZ: Well, I`ll tell you, he`ll probably do what most governors have done,
and that is not use the word tax, but somehow there will be some "revenue
enhancements." So as long as he`s able to consult "Roget`s Thesaurus," he may
be able to avoid specifically raising taxes.
GHARIB: Today, Schwarzenegger named Representative David Dreier -- you just
heard that, I reported that -- as his, the head of his transition team. We saw
during the campaign names like Warren Buffet and George Schultz were backing
and advising Schwarzenegger. Any clues on who might be on his real team of
advisors?
BUCHHOLZ: Well, I think it`s too early. Obviously, he had a very wide team. The
idea that he could listen to Warren Buffet and Milton Friedman at the same time
demonstrated that perhaps the tent was too big and now he does need to narrow.
David Dreier is a conservative Republican, but he wasn`t so conservative that
he felt he had to support Tom McClintock, who was the real right winger in the
gubernatorial race.
GHARIB: Right. All right, well, we`ll see. Stay tuned, I guess, right?
Thanks so much, Todd, for coming on the program this evening. We appreciate it.
BUCHHOLZ: Thank you, Susie.
GHARIB: We`ve been speaking with Todd Buchholz, economist and former White
House economic adviser.
Nightly Business
Report transcripts are available on-line post broadcast. The program
is transcribed by eMediaMillWorks. Updates may be posted at a later
date. The views of our guests and commentators are their own and
do not necessarily represent the views of Community Television Foundation
of South Florida, Inc. Nightly Business Report, or WPBT. Information
presented on Nightly Business Report is not and should not be considered
as investment advice. Copyright (c) 2003 Community Television Foundation
of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
10/08/03: The SEC Approves New Rules For Corporate Regulation
PAUL KANGAS: The Securities and Exchange Commission today approved a proposal to
make companies more accountable to shareholders. The rule gives investors a
greater say in the election of a company`s board of directors.
As Stephanie Woods reports, the aim is to help restore investor confidence.
STEPHANIE WOODS, NIGHTLY BUSINESS REPORT CORRESPONDENT: The SEC proposal is
meant to keep CEOs from hand picking a board of directors that will rubber
stamp their decisions and prevent the kind of corporate scandals found at Enron
(ENRNQ.OB), Tyco (TYC) and WorldCom (WCOEQ.OB).
CYNTHIA GLASSMAN, SEC COMMISSIONER: A closed nomination process dominated by
powerful CEOs and the entrenchment of directors led in some instances to an
unhealthy coziness between ostensibly independent directors and the executives
who performance they were supposed to oversee.
WOODS: The proposed rules would allow shareholders to place up to three
nominees on the official company ballot, known as a proxy, depending on the
size of the board. Opponents say the rules could lead to chaos in the
boardroom.
JOHN CASTELLANI, BUSINESS ROUNDTABLE: Shareholders, or groups of shareholders
who have agendas other than corporate governance, good corporate governance,
will be able to disrupt the governance process of the corporations.
WOODS: But supporters disagree. They say the proposal will improve corporate
boards.
SARAH TESLIK, COUNCIL OF INSTITUTIONAL INVESTORS: Because there`s the fear that
it might be used, companies are going to take a little bit more care so that
the people they select for their boards are not just the usual suspects, not
just all of their friends that they meet at the same country club, because if
you don`t stand out as being a particularly bad board, this rule won`t be used
at your company.
WOODS: The SEC has put the rules out for public comment for 60 days. If the
Commission approves final rules later this year, the changes will begin to
influence corporate board decisions beginning in 2004.
Stephanie Woods, NIGHTLY BUSINESS REPORT, Washington.
Nightly Business Report transcripts
are available on-line post broadcast. The program is transcribed
by eMediaMillWorks. Updates may be posted at a later date. The views
of our guests and commentators are their own and do not necessarily
represent the views of Community Television Foundation of South
Florida, Inc. Nightly Business Report, or WPBT. Information presented
on Nightly Business Report is not and should not be considered as
investment advice. Copyright (c) 2003 Community Television Foundation
of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
10/08/03: It's United We Stand For Fast Food Restaurants
SUSIE GHARIB: Wall Street savored some fast food today. Investors scooped up the stock of
Yum! Brands (YUM) one day after the parent company of Taco Bell and Pizza Hut
announced better than expected third quarter earnings.
As Diane Eastabrook reports, Yum! is taking part in a growing trend that`s
helping fast food companies fatten their profits.
DIANE EASTABROOK, NIGHTLY BUSINESS REPORT CORRESPONDENT: This may look like
another chain restaurant, but to Allied Domecq (AED), it`s the future of fast
food.
UNIDENTIFIED FEMALE: Medium coffee. Would you like any donuts with that today,
sir?
EASTABROOK: At this store, customers can not only get a Dunkin` Donut with
their coffee, they can also enjoy a Baskin Robbins ice cream cone or a Togo`s
turkey sandwich. Allied Domecq, the parent company of the three chains, calls
this store a Thrombo three restaurants under one roof. The concept is a
way of more efficiently capturing a larger share of the consumer`s dining
dollar.
JON LUTHER, CEO, ALLIED DOMECQ QSR: To be able to create on environment where
many people can come often, we think it`s a better compelling argument. And
these brands don`t overlap. They`re breakfast, lunch and treats.
EASTABROOK: Co-branding or multi-branding is one of the hottest trends in the
quick service restaurant industry. About 15 percent of Allied Domecq`s 7,000
U.S. restaurants are co- or multi-branded. Yum! Brands, the parent of Pizza
Hut, Taco Bell, Kentucky Fried Chicken, A&W and Long John Silver, says multi-
branded stores account for about 10 percent of its nearly 20,000 U.S. outlets.
But those percentages are likely to grow. Rising real estate prices are one
reason.
UNIDENTIFIED FEMALE: Out of $20?
EASTABROOK: But profits are another. Both Allied Domecq and Yum! Brands say a
new multi-branded restaurant can yield profits nearly 25 percent higher than a
new single branded store.
CHUCK RAWLEY, CHIEF DEVELOPMENT OFFICER, YUM! BRANDS: When we remodel an
existing KFC or Taco Bell into a multi-brand unit, we see increases anywhere
from 25 to 50 percent. So it is a substantial increase in our base business.
EASTABROOK: But while multi-branded restaurants can draw more customers and
ring up better sales, execution can be difficult. Industry watchers say
preparing fried chicken or fish is much different than preparing tacos.
DENNIS LOMBARDI, RESTAURANT CONSULTANT, TECHNOMIC: The downside is that you`ve
got to have crews trained to do multiple different tasks at multiple cooking
platforms to keep the products as high quality and as fresh as the customer is
expecting.
EASTABROOK: Yum! and Allied Domecq say they`ve addressed potential execution
problems by spending more time training workers. While multi-branding is a key
strategy for both companies, they don`t want to saturate the market with too
many multi-branded stores too soon.
RAWLEY: It is a matter of fitting the brands together in a way that really
pleases the consumer and allows us to get a return on our investment.
EASTABROOK: Allied Domecq and Yum! admit their multi-branding businesses are
still works in progress. Both companies say they`re open to acquiring other
restaurant chains that could be married with one or more of their existing
chains. Diane Eastabrook, NIGHTLY BUSINESS REPORT, Burbank Illinois.
Nightly Business Report transcripts
are available on-line post broadcast. The program is transcribed
by eMediaMillWorks. Updates may be posted at a later date. The views
of our guests and commentators are their own and do not necessarily
represent the views of Community Television Foundation of South
Florida, Inc. Nightly Business Report, or WPBT. Information presented
on Nightly Business Report is not and should not be considered as
investment advice. Copyright (c) 2003 Community Television Foundation
of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
10/08/03:Money File-Considering The Cash Dividend
SUSIE GHARIB: In tonight`s Money File, the return of the cash dividend.
Here`s Bill Barnhart, Financial Markets Columnist for the "Chicago Tribune."
BILL BARNHART, FINANCIAL MKTS. COLUMNIST, "CHICAGO TRIBUNE": Investors will
remember 2003 for many reasons. One is the return of the cash dividend as an
important consideration in owning stocks.
You might be surprised to learn that in the 20th century, nearly half the
annual return in the stock market came from reinvesting dividends. In the wake
of the tech stock explosion and corporate scandals, skeptical investors have
gained new respect for cash dividends. Regular dividends seem especially
welcome now, as baby boomers plan how to pay for their retirement.
President Bush and Congress gave the trend a lift by slashing the maximum
income tax rate on common stock dividends to 15 percent from as high as 38
percent. As a result, many companies, including technology leader Microsoft,
initiated or increased dividends this year.
Historically, cash dividends gain popularity when confidence in corporate
management is low. According to this reasoning, the promise to pay a regular
cash dividend forces management to run the business prudently on behalf of
shareholders.
But you must be wary. High dividend yields and dividend increases don`t tell
the whole story. Dividend payouts may be nothing more than a Ponzi scheme,
giving you back some of your money while eroding the future value of the
business you own. Paying dividends is a smart investor relations strategy for
many companies. But if you simply want your investments to generate immediate
income, you might be better off in bonds.
I`m Bill Barnhart.
Nightly Business Report transcripts
are available on-line post broadcast. The program is transcribed
by eMediaMillWorks. Updates may be posted at a later date. The views
of our guests and commentators are their own and do not necessarily
represent the views of Community Television Foundation of South
Florida, Inc. Nightly Business Report, or WPBT. Information presented
on Nightly Business Report is not and should not be considered as
investment advice. Copyright (c) 2003 Community Television Foundation
of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
10/08/03:
"Paul Kangas' Stocks In The News"
PAUL KANGAS: There was some light profit taking on Wall Street`s opening today after
five straight sessions of gains. And continuing weakness in the dollar prompted
some of the early selling.
In a slow downward spiral, the Dow fell 35 points by 11:00 a.m. while the
NASDAQ Index was down 14 points.
The market stabilized with the help of a rise in ALCOA`s (AA) stock, whose
better than expected earnings we told you about yesterday bolstered hopes that
the forthcoming flood of third quarter corporate results would provide more
upside surprises.
By early afternoon, the Dow was down only 11 points and the NASDAQ off just 7.
The recovery stalled out due partly to disappointing trading volume and light
but persistent selling in many of the recently strong tech stocks. The Dow
Jones Industrial average ended with a loss of 23.71 points, putting it at
9,630.90. The NASDAQ Composite closed down just over 14 points, at 1,893.78
while the Standard & Poor`s 500 Index fell 5.48, ending at 1,033.78.
Over on the bond market, the 10-year note rose 6/32, to par and 2/32, putting
the yield at 4.24 percent.
The most active big board issue, 15.9 million shares traded, Biovail (BVF), the
drug company plunging $3.85. That`s a 13 1/4 percent loss and a it traded as
low as $24.80. Bank of America (BAC) began coverage of the stock with a "sell"
recommendation, citing questionable accounting practices. Biovail shot back
saying that Bank America`s report was irresponsible and outrageous.
G.E. (GE) down $0.53. Of course, you heard about the big new combination in the
entertainment business.
Motorola (MOT) fell $0.39.
AOL Time Warner (AOL) a $0.26 drop.
Hewlett-Packard (HPQ) fell $0.11, number five in big board volume.
AT&T Wireless (AWE) lost $0.43.
But finally a gainer, Pfizer (PFE) edged up a $0.01.
Eastman Kodak (EK) bouncing back $0.23 after a big loss on new it`s coming out
with a billion dollars in debt securities and actually is in the process.
A $0.03 loss in Lucent (LU).
And then Duke Energy (DUK) was up $0.64. Merrill Lynch upgraded it from "sell"
to "neutral" and C.S. First Boston upgraded Duke from "under perform"
to "neutral."
SAP (SAP), this is the big European software firm, up $4.83. The company sees
third quarter software revenues coming in at around $430 million Euros, and
that`s well above estimates from both Goldman Sachs and Lehman Brothers. A nice
day for SAP.
Avaya (AV) up nearly a $1 and it traded as high as $12.50. The company is
working with IBIS Incorporated (IBIS) to produce a system which integrates
Microsoft`s business solutions with Avaya`s (AV) I.P. office product.
ALCOA (AA), one of the down stocks, up $0.48. It traded as high as $29.20. As
we reported yesterday, the company, after the close, third quarter earnings
better than expected, $0.33, $0.04 above the Wall Street estimate.
And then Genentech (DNA) losing $0.75 in the regular session. After the close
today, third quarter earnings came in at $0.27, up from $0.23 last year, and
$0.02 above the Street estimate. In after hours trading, Genentech was as high
as $79.04 an ounce.
Cole National (CNJ) the star of the day on the up side, gaining $8.30. The
eyewear products company received an unsolicited buyout bid at $19.65 a share.
It didn`t say who was doing the bidding, however.
And another company from, benefiting from rumors of a takeover, the British
health work products firm Amersham (AHM). It`s been approached by a suitor, but
it didn`t name the suitor and gave no details of where the bid might be.
99 Cents Only Stores (NDN) down $3.96. Third quarter same store sales were up
five percent, but the company says third quarter earnings will fall short of
the Wall Street estimate of $0.20 a share.
Another company hurting also in the same business, Big Lots (BLI), down $1.15.
The company sees third quarter earnings at the low end of its previous
guidance, which was for a loss of $0.03 to perhaps $0.01 in earnings.
Actuant Corporation (ATU) down $3.75 and the electronics components firm was
downgraded by the Robert Baird Brokerage from "outperform" to just a "neutral"
rating.
Microsoft (MSFT) the most active NASDAQ issue, down $0.32.
Followed by Intel (INTC), off $0.28.
Oracle (ORCL) was up $0.43.
And then Yahoo! (YHOO) down $0.14 in regular trading. After the close, Yahoo!
in with third quarter results, $0.10, double last year`s $0.05, and a $0.01
above the Street estimate. In after hours trading, the stock was as high as
$39.80 an ounce.
Amazon.com (AMZN) was up $0.79, number five in volume.
Applied Materials (AMAT) gained a $0.25.
And then Cisco Systems (CSCO) down $0.21.
eBay (EBAY) rose $1.08.
Costco Wholesale (COST) was down $0.41. Fourth quarter earnings out today,
$0.51 versus $0.52 last year, and the downward trend in profits was blamed on
tough competition from Sam`s Club Stores. However, that $0.51 in earnings in
the fourth quarter was $0.04 above the Street estimate.
Rambus (RMBS) was down $0.69.
Ista Pharmaceuticals (ISTA) up $2.11. The FDA has agreed to review the
company`s Vitrace drug, which is used to treat eye hemorrhages.
And over on the American Exchange, we have a few issues. Medifast (MED) up
$2.25. The diet products company says it got a much better than expected
response to a national television commercial for one of its products.
On the down side on the curb, Idine Rewards Network (IRN) falling $1.64.
Yesterday, the company said its third quarter revenue is going to fall short of
its own estimates. Today, the company said it plans to sell $60 million in
convertible debt securities.
And those are the stocks in the news tonight.
Nightly Business Report transcripts
are available on-line post broadcast. The program is transcribed
by eMediaMillWorks. Updates may be posted at a later date. The views
of our guests and commentators are their own and do not necessarily
represent the views of Community Television Foundation of South
Florida, Inc. Nightly Business Report, or WPBT. Information presented
on Nightly Business Report is not and should not be considered as
investment advice. Copyright (c) 2003 Community Television Foundation
of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
10/08/03:
Market Stats
NET PERCENT
CLOSE CHANGE CHANGE
DOW CLOSE 9630.90 -23.71 - .3
HIGH 9672.02
LOW 9595.28
NASDAQ COMP. 1893.78 -14.07 -.7
HIGH 1914.33
LOW 1888.53
VOLUME 1,234.1
PREVIOUS 1,284.7
UP VOLUME 473.1
DOWN VOLUME 755.6
DOW TRANSPORTS 2791.62 -8.76 - .3
DOW UTILITIES 252.46 -.32 - .1
CLOSING TICK +453
S&P 500 1033.78 -5.47 - .5
S&P 100 516.54 -3.10 - .6
MIDCAP 400 534.35 -1.66 - .3
REUTERS/CRB 243.38 -.75 - .3
NYSE COMPOSITE 5855.34 -21.22 - .4
VALUE LINE 334.14 -2.06 -0.61
RUSSELL 2000 515.68 -5.09 -0.98
WILSHIRE 5000 10038.58 -52.20 -0.52
U.S. TREASURIES
5-YEAR NOTE 3.125%
Sept. 15,2008 100 4/32 +6/32 3.09
10-YEAR NOTE 4.25%
Aug. 15,2013 100 3/32 +6/32 4.24
30-YEAR NOTE 5.375%
Feb. 15, 2031 103 2/32 -2/32 5.16
LEHMAN BROS.
LONG BOND INDEX 1719.52 -1.57
DOW CLOSE 9630.90 -23.71 - .3
ADVANCES 1478
DECLINES 1743
NEW HIGHS 318
NEW LOWS 5
NET PERCENT
NYSE MOST ACTIVES 4PM CLOSE CHANGE CHANGE
BVF Biovail Corp 25.20 -3.85 -13.3
GE GE 30.20 -.53 -1.7
MOT Motorola 13.67 -.39 -2.8
AOL AOL Time Warner 15.21 -.26 -1.7
HPQ Hewlett-Packard 20.25 -.11 -.5
AWE AT&T Wirels Svcs 8.39 -.43 -4.9
PFE Pfizer 30.66 +.01 +.0
EK Eastman Kodak 21.33 +.23 +1.1
LU Lucent Tech 2.29 -.03 -1.3
DUK Duke Energy 18.64 +.64 +3.6
NASDAQ CLOSE 1893.78 - 14.07 - .7
VOLUME 1,810.7
PREVIOUS 1,842.5
ADVANCES 1304
DECLINES 1883
NASDAQ ACTIVES
MSFT Microsoft 28.82 -.32 -1.1
INTC Intel 29.67 -.28 -.9
ORCL Oracle 12.63 +.43 +3.5
YHOO Yahoo! 38.79 -.14 -.4
AMZN Amazon.com 55.70 +.79 +1.4
AMAT Applied Matl 20.13 +.25 +1.3
CSCO Cisco Systems 20.79 -.21 -1.0
EBAY eBay 58.47 +1.08 +1.9
COST Costco Wholesal 32.93 -.41 -1.2
RMBS Rambus 26.77 -.69 -2.5
AMEX CLOSE 1013.81 - 2.17 - .2
INDEX SHARES
DIA DIAMONDS TRUST 96.73 +.04 +.0
QQQ NASDAQ 100 34.45 -.20 -.6
SPY S&P DEP.RECEIPTS 104.00 -.26 -.3
STOCKS IN THE NEWS
SAP SAP AG 38.55 +4.83 +14.3
AV Avaya 12.36 +.98 +8.6
AA Alcoa 28.67 +.48 +1.7
DNA Genentech 78.75 -.75 -.9
CNJ Cole Nation 20.69 +8.30 +67.0
AHM Amersham Plc 53.41 +7.39 +16.1
NDN 99 Cents Stores 29.44 -3.96 -11.9
BLI Big Lots 15.24 -1.15 -7.0
ATU Actuant 62.55 -3.75 -5.7
ISTA Ista Pharma 9.76 +2.11 +27.6
MED Medifast 15.35 +2.25 +17.2
IRN IDine Rewards 14.31 -1.64 -10.3