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Investors are bracing for a weak showing in the August employment report.

Economic Reports:

  • 8:30am (EDT) Hourly Earnings

  • 8:30 am (EDT)Unemployment Rate

  • 8:30am (EDT) US NonFarm Payrolls

  • 10:00am (EDT)US ISM Services


Time Warner Cable customers to get access to ESPN3.com in new deal with The Walt Disney Co - Full story.

Dell Computer ends bidding war over data-storage maker 3Par, will not match the Hewlett-Packard offer of $2.07bil - Full story.

Take-Two Interactive Software reports 3rd-qtr earnings of $0.07/shr, up from a net loss of $0.73/shr, in the same period a year earlier- Full story.

Finisar Corporation announces 1st-qtr earnings of $0.31/shr, up from $0.03/shr in year ago period - Full story.

H&R Block Inc reports 1st-qtr net loss of $0.36/shr, compared to a net loss of $0.39/shr for the same period last year - Full story.

US Airways reports consolidated traffic in August climbed 0.8% to 5.74bil revenue passenger miles from 5.69bil in August 2009 - Full story.

Major world markets are mostly higher . Frankfurt's DAX closed with no measurable change today and Paris' CAC finished up 0.21%, Japan's Nikkei 225 was up 1.52%, Hong Kong's Hang Seng closed up 1.19%, and Sydney's All Ordinaries Index finished up 0.80%.

Economic Calendar:

Mon: Markets Closed for Labor Day Holiday;
Tues: No Reports Today;
Wed: Fed's Beige Book and Consumer Credit;
Thurs: Initial Jobless Claims and Trade Balance;
Fri: Wholesale Inventories.

Gail Adams - News Editor
Macro*World Research
gail.adams@mworld.com

0808-95356 09/08

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