Sector Investing

[ReturntoSender]

From Briefing.com: 08:32 am : S&P futures vs fair value: -5.0. Nasdaq futures vs fair value: -9.0. Still shaping up to be a sluggish start for stocks as futures indications continue to languish below fair value. Meanwhile, as investors continue to sift through mixed earnings and monthly retail sales figures they are also digesting the first of three economic reports this morning. Initial claims rose 14K to 315K (consensus 308K); however, the data have had little impact on trading as investors remain more focused on tomorrow's influential July jobs report.

4:51AM TTM Technologies signs definitive agreement to acquire Printed Circuit Group of Tyco Intl (TTMI) 10.71 : Co announces the signing of a definitive agreement to acquire the Tyco Printed Circuit Group business unit from Tyco Intl (TYC). TTM will purchase TPCG for $226 mln. The transaction is expected to be completed in the fall of 2006. TTM expects the transaction to be accretive to earnings within the first year post acquisition.