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Tuesday, May 29, 2007

Another Round of M&A Announcements

Good morning. We have another round of M&A announcements to start off the holiday-shortened trading week. That along with falling oil prices have provided for a positive bias.

Stocks trading higher ahead of the opening bell are CDWC, INSP, IIJI, JADE, MEND, XFML, CHINA, SAFM, SOLF, LWSN, CWTR, PPCO, LJPC, KVHI, ASML, TASR, BIVN, SONS, GLNG, MRVL, and DNDN. Stocks trading lower are CUP, EYE, JSDA, VRSN, BRLC, USEG, EXPE, EBAY, and MPEL.

We have a lot of economic data due out over the next few days with a number of reports on Thursday and Friday. Today's only economic data is a report on consumer confidence at 10:AM.

A word of thanks goes out to Harry Domash who had positive things to say about The Kirk Report over the weekend in the San Francisco Chronicle. As many of you know, I have a great deal of respect for Harry's work and perspectives as well.

I'm in Columbus, Ohio today and after a little work this morning we're headed out to watch the practice rounds and Jack Nicklaus' golf clinic at the Memorial Tournament. Have a great day!

Posted by Kirk at 9:20 AM in Preview | Bookmark | Feeds | Link |


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