Monday, July 28, 2008


Futures flat on a slow news day.

Gapping up: AMGN (announces positive results for denosumab postmenopausal osteoporosis trial; also upgraded to Buy at Jefferies, upgraded to Outperform at Rodman and upgraded to Overweight at MS) SOHU, SINA, BHP, KFT, TOT, XMSR, CALM, NTAP, GLW, ACN, CVTX, PAY, ONXX, PCLN

Gapping down: MAT, SHPGY, RYAAY select airlines on RYAAY earnings and higher crude, DAL, AMR, CAL, UAUA; VZ, NOG, TSN, CLX (downgraded to sell at GS), LNCE, PLXS

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