Wednesday, November 15, 2006

Tsunami In Japan? Or Is It In Google?

The market is getting a bounce in early trading, continuing the strength we saw into yesterday's close. Oil is trading slightly higher, and bond yields are also up a bit, with the 10-year yield at 4.60%.

Last night, a Japanese agency warned of a tsunami, although they called it off this morning. It is still unclear if they were talking about GOOG and the U.S. stock market...

In other news and notes:
  • ILMN technology selected by Johns Hopkins Univ.
  • TYC beats estimates; stock up
  • 8.1 magintued earthquake hits north of Japan
  • GME profiled in IBD
  • Credit Suisse puts $600 tgt on GOOG
  • HAL delays KNR IPO due to British security concerns
  • NY State Empire Index 26.7 vs. 14.0 consensus
  • DAKT beats EPS, raises guidance; stock gaps higher
  • CPA beats earnings; stock up
  • US Air makes a bid for Delta
  • JCI expects another record year in 2007



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