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Friday, April 27, 2007

HOT SPOT CHARTING...

Furniture Brands to cut jobs, close manufacturing facilities1:27 PM ET, Apr 27, 2007 - By Katherine Hunt - 11 minutes agoSAN FRANCISCO (MarketWatch) -- Furniture Brands International Inc. said Friday it plans to cut about 80 executive and administrative positions across the company. FBN

Tecumseh Products to cut 310 jobs1:07 PM ET, Apr 27, 2007 - By Gabriel Madway - 31 minutes agoSAN FRANCISCO (MarketWatch) -- Tecumseh Products Co. said Friday it is eliminating roughly 310 jobs in an effort to improve efficiency and return to profitability. TECUA, TECUB

Crude futures climb past $66 as gasoline prices rise12:22 PM ET, Apr 27, 2007 - By Myra P. Saefong - 1 hour agoSAN FRANCISCO (MarketWatch) -- June crude climbed as high as $66.05 a barrel Friday afternoon, and was last up 89 cents at $65.95. Traders remained concerned about gasoline supplies following a 33 million-barrel drop in U.S. inventories over the last 11 weeks, according to Energy Department data.

Avid Technology's profit falls; shares slip11:51 AM ET, Apr 27, 2007 - By Gabriel Madway - 1 hour agoSAN FRANCISCO (MarketWatch) -- Avid Technology Inc. shares fall 11% to $34.30 in Friday morning trade. AVID

Intervoice swings to loss; shares fall11:33 AM ET, Apr 27, 2007 - By Gabriel Madway - 2 hours agoSAN FRANCISCO (MarketWatch) -- Intervoice Inc. shares fell 15% to $6.21 in Friday morning trade. INTV

Curtiss-Wright shares gain on first-quarter results11:20 AM ET, Apr 27, 2007 - By Gabriel Madway - 2 hours agoSAN FRANCISCO (MarketWatch) -- Curtiss-Wright Corp. shares gained 11% to $46.31 in Friday morning trade. CW

CommScope profit surges; shares rise 11:11 AM ET, Apr 27, 2007 - By Gabriel Madway - 2 hours agoSAN FRANCISCO (MarketWatch) -- CommScope Inc. shares rallied 11% to $50.49 in Friday morning trade. CTV

Universal Truckload's quarterly profit falls; shares sink10:57 AM ET, Apr 27, 2007 - By Gabriel Madway - 2 hours agoSAN FRANCISCO (MarketWatch) -- Universal Truckload Services Inc. shares fell 17% to $22.44 in Friday morning. UACL

U.S. vacancy rate rises to record 2.8% in first quarter10:19 AM ET, Apr 27, 2007 - By Rex Nutting - 3 hours agoWASHINGTON (MarketWatch) -- The vacancy rate for owner-occupied homes rose to a record 2.8% in the first quarter from 2.7% in the fourth quarter, the Commerce Department reported Friday.

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