Program: Friday, August 27, 2004
The Economy's Sluggish Summer & Optimistic Autumn
The RNC Comes To NYC
One On One With Bradley Belt Exec. Dir. Pension Benefit Guarantee Corp.
"Market Monitor"- Robert Stovall, Global Strategist For Wood Asset Mgmt.
The Last Word: Buy One Get One Free Sentras
Paul Kangas' Stocks In The News
Market Stats
08/27/04:The Economy's Sluggish Summer & Optimistic Autumn
LINDA O'BRYON: The U.S. economy slowed even more in the second quarter than first thought. The Commerce Department said today that the nation`s gross domestic product grew by just 2.8 percent for the period. That`s down from the original estimate of 3 percent and well below the 4.5 percent pace of the first quarter. Economists blame the slowdown on higher oil prices which caused consumers to spend more at the gas pump and less on other items. But gas prices have now retreated a bit, leading to predictions of a better second half of the year.
JOSEPH LAVORGNA, FIXED INCOME ECONOMIST, DEUTSCHE BANK: You had some decent retail sales gains in July. It looks like that momentum carried over into August, given what we`re looking for on vehicle sales. Consumer confidence has improved. We`ve gotten very good income growth as proxied by tax receipts. So I think we`ll see much better growth this quarter than what we saw last quarter.
O`BRYON: Meanwhile a small rise in University of Michigan`s August reading on consumer sentiment shows Americans feel better about the economy now than earlier this month. But concerns continue about jobs and inflation.
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) 2004 Community Television Foundation of South
Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
08/27/04:
The RNC Comes To NYC
PAUL KANGAS: The big economic event facing New York City tonight: the Republican National Convention. It kicks off Monday with tight security and major logistical challenges for New York. Scott Gurvey takes a look at what the city and its businesses can expect.
SCOTT GURVEY, NIGHTLY BUSINESS REPORT CORRESPONDENT: It seemed like a good idea at the time-- bring the Republicans to New York to show solidarity with the city that had suffered so much on 9/11. But as plans to create a frozen zone of security around Madison Square Garden were unveiled, many New Yorkers had second thoughts. On Wall Street and throughout the city, firms are making plans to avoid the area.
DENISE MCCORMACK, MEDSITE: Our office is closing for that week and we have an office in New Jersey, in Bloomfield, so we`re going to have some employees work from home and some employees go over to our New Jersey office.
DANIEL MANZOLILIO, U.R.S. CORPORATION: Whoever can get outside work, out of the office, like out in the field work is going to do so. And besides that, other people are going to have to be forced to use their vacation time.
GURVEY: You won`t hear complaints from the city`s biggest booster, Mayor Michael Bloomberg.
MAYOR MICHAEL BLOOMBERG, NEW YORK CITY: Inevitably, there will be some impact on the surrounding neighborhoods from the convention and the protests that will accompany it. But we are confident that they will be minor and be more than offset by the positive effects of the convention, especially the economic benefits to the entire city.
GURVEY: The Republican mayor says the convention will add $265 million to the city`s economy. But the Democratic city comptroller says lost business will cost the economy $281 million. Within the frozen zone, many merchants plan to close up shop. Restaurants in the garden will be allowed to serve convention customers, but not the public.
FERNANDO HEREDIA, DIRECTOR, NICK STEF`S STEAKHOUSE: We`ll be losing a couple of shifts. Lunch will be difficult. Lunch will be empty. There won`t be anybody here and that will be a great loss.
GURVEY: Street vendors will not be allowed in the area, and because they are licensed for a single location, they can`t go elsewhere for the week.
TOYA NORMATOV, STREET VENDOR: They`re not allowing us to stay here because of the security reasons and basically everybody is going to be closed.
GURVEY: On the other hand there are winners: the New Yorker hotel is a favorite of news reporters covering the convention.
KEVIN SMITH, GENERAL MANAGER, NEW YORKER HOTEL: We are the closest large hotel to the Jacob Javits convention center and we`re right across the street just about from Madison Square Garden.
GURVEY: The garden sits on top of Penn Station, which serves 500,000 Amtrak, Long Island Railroad and New Jersey transit passengers each day. All trains will be stopped and searched during the week. The railroads are advising commuters to find alternate routes. New Jersey transit will divert one third of its trains to Hoboken.
DAN STESSEL, SPOKESMAN, NEW JERSEY TRANSIT: For RNC week, we expect to incur about $2 million in additional security costs and at this point there is no mechanism for us to recoup that $2 million that we`ll be outlaying out of the New Jersey transit budget.
GURVEY: The convention will bring 70,000 people to New York but it has scared away other tourists. Three million visit each summer month. So Broadway shows are suffering at the box office. Restaurant bookings are down. Even ticket sales for woman`s basketball are off. The WNBA team was kicked out of the garden and is on stage at Radio City. Congress allocated $50 million to help the city with security at the convention. But it will spend $28 million more than that. And the talk of the town this week was a comment made in a new book by the convention chairman, House Speaker Dennis Hastert of Illinois, criticizing the city for its requests for Federal assistance to defend against terrorists. Homeland Security Secretary Tom Ridge took the city`s side in this dispute.
TOM RIDGE, SECRETARY, DEPT. OF HOMELAND SECURITY: New York should get more money and if the Congress, with the support of the speaker, adjusts the funding as the president has requested in the `05 budget, they will be assured of getting more money.
GURVEY: They`re blowing up the balloons right now here at Madison Square Garden. You can probably hear them in the background. It is one of the last things you do when you`re getting ready for a political convention. That convention begins on Monday. It will be a well-programmed affair with no surprises expected, in other words, just like the Democrats convention recently completed in Boston. After the convention, the campaign begins in earnest and the city breaths a sigh of relief. 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) 2004 Community Television Foundation of South
Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
08/27/04:
One On One With Bradley Belt Exec. Dir. Pension Benefit Guarantee Corp.
LINDA O`BRYON: Federal Reserve Chairman Alan Greenspan says there`s a problem with pensions. In Wyoming today, Greenspan said that an aging population will strain public finances and could hurt the economy. He says we need to act now to avoid exhausting the funding for Social Security and Medicare. Greenspan suggests rising rates of productivity offer the best chance to boost output and maintain living standards for future retirees. But analysts warn any move to cut retirement benefits could become a flash point for politicians and lobbying groups.
PAUL KANGAS: The Fed chairman isn`t alone in his concern over pensions. The Pension Benefit Guarantee Corporation, the agency that insures the nation`s private pension plans, is also worried about funding shortfalls. With United Airlines in bankruptcy, the agency may take over the carrier`s $8 billion pension liability.
Stephanie Woods talked with the head of the PBGC today and asked whether a United default would ripple through the airline industry.
BRADLEY BELT, EXEC. DIR., PENSION BENEFIT GUARANTEE CORP: Well, certainly that`s not something that is a necessary result by operation of law. The fact of the matter is, of course if United is successful in its strategy of shifting its costs to the pension insurance fund and to the other premium payers and potentially the American taxpayer, they get the competitive advantage and it would put a lot more pressure on companies like US Airways, Delta and the other hub and spoke carriers that are already feeling competitive pressures from the low-cost carriers such as Jet Blue and Independence Air.
STEPHANIE WOODS, NIGHTLY BUSINESS REPORT CORRESPONDENT: Does that then bankrupt the system?
BELT: It doesn`t present a near-term liquidity crisis for the PBGC. I think we need to be very clear on that. PBGC has about $40 billion in assets right now and every time we take over a terminated plan, we take on additional assets. There is a bigger mountain of liabilities that we take on and the gap can be very substantive in some cases, but those liabilities are long term. We do have assets to pay benefits currently. That`s something that`s true for a number of years yet. The bottom line however is there is no ability under current law to fill that gap. It gets wider and wider and wider. At the end of the day, somebody is going to have to pay that, either companies that have been responsible and fully funded their pensions or ultimately the American taxpayer may be called upon to bail out the system.
WOODS: Many experts believe we might be looking at an S&L style taxpayer bailout of the pension system. What`s your view?
BELT: This isn`t an immediate funding crisis. It is a near-term problem that needs to be addressed to avoid however, having to have a taxpayer bailout at some point in the not too distant future.
WOODS: So how does the PBGC get on sound financial footing?
BELT: What we need to do is put in place a comprehensive reform plan that strengthens the funding rules, basically requires companies that are financially weak, that have under funded plans and pose credit risks to the pension insurance program to meet the promises they`ve made to their workers. At the same time, we want to give flexibility to those healthy companies that have acted responsibility, that have well funded plans to encourage them to stay in the system and indeed they even have new entrants (ph) into the system.
WOODS: But looking at the under funding problem, there is like $350 billion in under funding. Why would any company in their right mind start a defined benefit plan now?
BELT: It`s difficult to make a rational economic decision to currently establish a new defined benefit plan with that overhang and that`s one of the reasons we need to put in responsible rational funding rules that might encourage companies to enter the system. We want to create a economically and regulatorily (ph) viable environment for them so that if they start off establishing defined benefit plan and they act responsibly and keep that plan well funded and they don`t pose a credit risk to the pension insurance program, their risks are kept - their premiums are kept to a minimum. They`re not going to be looked upon to pay for the past sins of others.
WOODS: To solve this problem, future problem, do you need to be sounding the alarm bells loudly to Congress now?
BELT: I think it is Stephanie, a current problem, because the current problem is, there`s a tremendous amount of (INAUDIBLE) in the system. The reason that we`ve got to the point that we have is because we don`t have good funding rules in place. We don`t have the requisite level of transparency that is needed. We need to address those here and now to avoid having the problem get any worse first and foremost and to be able to recover from the hole that we have dug for ourselves right now.
WOODS: We`ve been speaking with Bradley Belt, executive director of the Pension Benefit Guarantee Corporation. Thank you.
BELT: Thank you, Stephanie.
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) 2004 Community Television Foundation of South
Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
08/27/04:
"Market Monitor"- Robert Stovall, Global Strategist For Wood Asset Mgmt.
PAUL KANGAS: My guest "market monitor" this week is Robert Stovall, global strategist for Wood Asset Management, based in Sarasota, Florida and welcome back to NIGHTLY BUSINESS REPORT after far too long an absence Bob.
ROBERT STOVALL, MANAGING DIRECTOR, WOOD ASSET MANAGEMENT: Thanks for the hospitality, Paul.
KANGAS: Great to see you. As we know, Wall Street has been in the mist of the summer doldrums as we call them, but do you think this is largely due to normal seasonal factors or is the sluggishness being caused by other things?
STOVALL: Seasonality is a partial fault here. The third quarter, which we`re in now, is usually the weakest and slowest of the year. That`s not a surprise but we usually have a summer rally from the May, June low to the July, September high, as the average over the years is about 10 percent and we`re in that 10 percent move right now and I think it could bring us up to 10,900 or so in the Dow.
Now the rest of it is that we have a wall of worry that`s taller and more dangerous, a little more frightening than most of these.
KANGAS: For instance, what are the major worries as far as you`re concerned?
STOVALL: Well, we`re all familiar and adjusting to the oil price spike and we know that the election is far from decided. But in addition to that, we have interest rates rising and we have the upward surge in corporate earnings which have just been great, up 30 percent through the second quarter. I think the rate of acceleration has peaked now and the gains will be smaller from now on.
KANGAS: But you still see 10,900 roughly this fall.
STOVALL: That`s the summer rally target. I hope it makes it.
KANGAS: All right. So what investment strategy should one employ in times like these, Bob?
STOVALL: We look for dividend paying quality common stocks. That`s what we specialize in at my firm, Wood Asset Management and the insurance company has a lot of good opportunities now after hurricanes and disasters, the casualty insurers have an opportunity to raise rates and they`re doing that. So Chubb is a high quality, dividend paying low multiple insurance stock and I own that myself.
KANGAS: Let`s have a look, there we got. We see a chart of it now. I see it yields 2.2 percent too.
STOVALL: Not bad these days, that right. The next one I like and I own this one is Weyerhaeuser, a major forest products paper timber company and they`re benefiting from the housing boom and the export markets to the far east are picking up, have picked up and I think this is not a run away stock yet, but it could be, pays a dividend too.
KANGAS: 2.5 percent, not too bad at all. OK, let`s go for number three.
STOVALL: That`s Sabre Holdings. The company`s involved in global reservation services for the airlines and others and the stock took a shot the last few days because Northwest is trying to charge their clients for using such systems or eliminate them totally. That may not work for Northwest but it`s put the Sabre stock down. I think it`s oversold.
KANGAS: OK, fair enough and a yield, not a big one, but 1.2 percent, better than nothing I guess.
STOVALL: Dividend paying stocks are out performing the other kinds now, Paul.
KANGAS: All right. We have time for another choice.
STOVALL: Yes, I think the gold stocks and the mining stocks are going to have a good several months ahead of them because the dollar has been questionable and weak sometimes and also we`ve got a situation where deficits are chronic in this country now and some elsewhere. I think the gold stocks will out perform and Freeport McMoran (ph) is one we have in the Wood portfolio. It hasn`t done too well this year but I think it has a good future.
KANGAS: All right. Do you own all of these stocks personally, Bob?
STOVALL: Personally, I own two of them, the Weyerhaeuser and the Chubb and Wood owns all four.
KANGAS: OK, so you stay with high quality dividend yielding stocks. That`s your favorite group right there.
STOVALL: That`s right. We`ve outperformed the so-called growth group and the speculative group this year so far and the S&P and the Dow 30, so I think that shows you that it`s the right tack right now.
KANGAS: All right. Fair enough Bob. I`d like to see these things perform well and I`m sure with your record and your many years on Wall Street they will do well, I hope so. Thanks very much.
STOVALL: Thank you, Paul.
KANGAS: It`s been a pleasure to see you again. My guest "market monitor" this week, Robert Stovall of Wood Asset Management.
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) 2004 Community Television Foundation of South
Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
08/27/04:
The Last Word: Buy One Get One Free Sentras
LINDA O'BRYON: And finally , we`ve seen those "buy one, get one free" deals, usually in supermarkets. But how about buy a car, get one free? A Nissan dealership in New Jersey is giving away a 2003 model Sentra to anyone who buys a new 2004 or 2005 car. The give-away car isn`t new, usually it`s an off-lease or traded vehicle. But still, the second-hand models are worth about $11,000 each.
For the last three years, the U.S. auto industry has routinely offered thousands of dollars worth of incentives to boost sales. But this is a rather unusual entry into the incentive game. So far the dealer says it is a success Paul.
KANGAS: Maybe as a bonus offering, they`d like to buy my 1983 Chevrolet Caprice sedan.
O`BRYON: I don`t know. The last time I`ve seen it, I`m not sure it`s an incentive.
KANGAS: You may have something there.
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) 2004 Community Television Foundation of South
Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
08/27/04:
"'Paul Kangas' Stocks In The News
PAUL KANGAS: Wall Street opened slightly higher in a positive reaction to that upward revision in consumer sentiment and the modest downward revision in second quarter GDP. The Dow was up 18 points in late morning. NASDAQ rose 10. As oil prices remained just above the $43 per barrel level, stocks maintained their mild gains for the rest of the session.
The Dow Industrial Average closed up 21.60 points at 10,195.01. And this week it fell twice, rose three times, had a net gain of 84.87 points. The NASDAQ Composite rose 9.17 to close at 1862.09 today. It too fell twice and rose three times this week, gaining 24.07 points overall. The Standard & Poor`s 500 Index advanced 2 2/3 points to 1107.77 today.
In the bond market, the 10-year note fell 5/32 to par and 5/32, putting the yield at 4.23 percent.
Big board volume leader, 9.7 million shares changing hands, Qwest Communications (Q) a $0.06 gain. On Wednesday a Federal judge ordered the company to pay a $25.9 million fine for anticompetitive behavior but the judge ruled the company does not have to pay an additional $10 million in restitution.
Second in volume Pfizer (PFE) $0.34 gain.
Corning (GLW) moving back $0.33 after a couple of days of profit taking.
Nokia (NOK) dropped a nickel a share.
And Best Buy (BBY), fifth in volume, was down $1.07. FTN Midwest Securities downgraded Best Buy from "buy" to "neutral" on concern that consumer spending may indeed be slowing.
Citigroup (C) gained $0.26.
Then Lucent Technologies (LU), $0.06 drop.
Texas Instruments (TXN) up $0.32.
J.P. Morgan Chase (JPM) a $0.27 gain.
General Electric (GE), tenth in volume, dropped $0.02 a share.
Medtronic (MDT) off $1.07, traded as low as $49.80. Morgan Stanley downgraded it from "overweight" to "equal weight" on a valuation basis and also because of concern over the company`s drug eluding (ph) stent trials.
Coach (COH), the maker of those fancy handbags and accessories, up $1.09. The stock will replace Charter One financial in the Standard & Poor`s 500 Index on a date to be announced. Index fund buying obviously.
Community Bank System (CBU) up $1.96. This stock will replace Urban Outfitters in the Standard & Poor`s small cap 600 on a date to be announced. More index buying there.
Cascade Corporation (CAE) down $1.92. The company makes forklift trucks, things like that. Second quarter earnings were a bit higher, $0.51 versus $0.47 but that was $0.10 below the Wall Street consensus.
NCI Building Systems (NCS) dropped $3.34. BB&T Capital brokerage downgraded it from "buy" to "hold" on a valuation basis, feeling it`s a little too pricey.
And then Toro Company (TTC) acting rather bullish today, up $1.72. The Janney Montgomery Scott brokerage upgraded it from "hold" to a "buy."
And Quanex Corporation (NX) had a good day, up $3.51. Company manufactures building products and after the close yesterday, third quarter earnings came in at $1.06, way up from $0.84 last year and sales soared 71 percent in that period.
Intel (INTC) topped the active list on NASDAQ up $0.25.
Followed by Microsoft (MSFT), $0.02 gain there.
Cisco Systems (CSCO) $0.30 rise.
eBay (EBAY) dropped $0.50 after a couple of days on the up side.
Applied Materials (AMAT) $0.38 rise. That was fifth in dollar volume.
Chiron (CHIR) tumbling $4.08. The company cut its earnings outlook because some lots of its influenza vaccine failed to pass sterility standards.
QUALCOMM (QCOM) $0.50 gain.
Similar rise in Amgen (AMGN).
Google (GOOG) down $1.76, a little profit taking.
And Broadcom (BRCM), tenth in volume was down $0.92
PLATO Learning (TUTR) up $1.37. Third quarter earnings sharply higher, $0.29 versus only $0.02 last year and that was $0.02 above the Street estimate.
LCA-Vision (LCAV) up $3.98. Raymond James financial brokerage upgraded it from "market perform" to a "strong buy" after the company projected next year`s earnings could be up as much as 50 percent over this year`s earnings.
And OSI Systems (OSIS) tumbling $3.73. The company makes medical imaging systems and security inspection systems. Fourth quarter earnings sharply lower, $0.14, down from $0.35 last year and the company sees first quarter earnings coming in at only $0.11 at best.
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) 2004 Community
Television Foundation of South Florida, Inc. ALL RIGHTS RESERVED.
Terms of use.
08/27/04:
Market Stats
NET PERCENT
CLOSE CHANGE CHANGE
DOW CLOSE 10195.01 +21.60 + .2
HIGH 10211.25
LOW 10166.69
NASDAQ COMP. 1862.09 +9.17 +.5
HIGH 1866.25
LOW 1854.77
VOLUME 848.1
PREVIOUS 1,023.7
UP VOLUME 556.1
DOWN VOLUME 272.0
DOW TRANSPORTS 3108.80 -.04 unch.
DOW UTILITIES 286.51 +.13 + .1
CLOSING TICK +163
S&P 500 1107.77 +2.68 + .2
S&P 100 540.88 +1.42 + .3
MIDCAP 400 578.93 +2.79 + .5
REUTERS/CRB 270.33 -1.13 - .4
NYSE COMPOSITE 6455.52 +15.73 + .2
VALUE LINE 351.15 +1.71 + .5
RUSSELL 2000 551.67 +4.42 + .8
DJW 5000 10755.02 +33.39 + .3
U.S. TREASURIES
5-YEAR NOTE 3.625%
July 15,2009 100 10/32 -3/32 + 3.43
10-YEAR NOTE 4.75%
May 15,2014 100 5/32 -5/32 + 4.23
30-YEAR NOTE 5.375%
Feb. 15, 2031 105 7/32 -4/32 + 5.02
LEHMAN BROS.
LONG BOND INDEX 1737.47 +.02
DOW CLOSE 10195.01 +21.60 + .2
ADVANCES 2226
DECLINES 1034
NEW HIGHS 99
NEW LOWS 14
NET PERCENT
NYSE MOST ACTIVES 4PM CLOSE CHANGE CHANGE
Q Qwest Comms Intl 2.87 +.06 +2.1
PFE Pfizer 32.65 +.34 +1.1
GLW Corning 10.21 +.33 +3.3
NOK Nokia 11.86 -.05 -.4
BBY Best Buy Co 48.43 -1.07 -2.2
C Citigroup 46.72 +.26 +.6
LU Lucent Tech 3.14 -.06 -1.9
TXN Texas Instrument 20.34 +.32 +1.6
JPM Jpmorgan Chase 39.72 +.27 +.7
GE GE 32.77 -.02 -.1
NASDAQ CLOSE 1862.09 + 9.17 + .5
VOLUME 1,016.3
PREVIOUS 1,192.1
ADVANCES 1920
DECLINES 1133
NASDAQ ACTIVES
INTC Intel 22.02 +.25 +1.2
MSFT Microsoft 27.46 +.02 +.1
CSCO Cisco Systems 19.47 +.30 +1.6
EBAY eBay 85.91 -.50 -.6
AMAT Applied Matl 16.36 +.38 +2.4
CHIR Chiron 43.41 -4.08 -8.6
QCOM Qualcomm 38.43 +.50 +1.3
AMGN Amgen 59.68 +.52 +.9
GOOG Google 106.15 -1.76 -1.6
BRCM Broadcom 28.31 -.92 -3.2
AMEX CLOSE 1229.50 + 7.77 + .6
INDEX SHARES
DIA DIAMONDS TRUST 102.16 +.29 +.3
QQQ NASDAQ 100 34.59 +.16 +.5
SPY S&P DEP.RECEIPTS 111.45 +.35 +.3
STOCKS IN THE NEWS
MDT Medtronic 50.12 -1.07 -2.1
COH Coach Inc 42.07 +1.09 +2.7
CBU Community Bank 25.50 +1.96 +8.3
CAE Cascade 25.57 -1.92 -7.0
NCS NCI Building 30.20 -3.34 -10.0
TTC Toro Co 65.15 +1.72 +2.7
NX Quanex 46.05 +3.51 +8.3
TUTR PLATO Learning 8.62 +1.37 +18.9
LCAV LCA Vision 24.60 +3.98 +19.3
OSIS OSI Systems 14.97 -3.73 -20.0