OMX Officemax Incorporated

CHICAGO, Oct. 26 /PRNewswire/ -- Seven Summits Research issues the following Morning Update at 8:30 AM EDT with new PriceWatch Alerts for key stocks. Before the open... PriceWatch Alerts for AMZN, S, CA, ADP and OMX, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "We have chosen not to formulate explicit inflation targets, in part out of concern that they could inhibit the effective pursuit of our goal." -- Alan Greenspan, Chairman, US Federal Reserve Board New PriceWatch Alerts for AMZN, S, CA, ADP and OMX... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- -- Amazon.com Inc. (NASDAQ:AMZN) Last Price 46.17 - APR 45.00 CALL OPTION@ $4.10 -> 7.0% Return assigned* -- Sprint Nextel Corp. (NYSE:S) Last Price 23.65 - JAN 22.50 CALL OPTION@ $2.20 -> 4.9 % Return assigned* -- Computer Associates International Inc. (NYSE:CA) Last Price 27.54 - DEC 27.50 CALL OPTION@ $1.15 -> 4.2 % Return assigned* -- Automatic Data Processing Inc. (NYSE:ADP) Last Price 43.55 - MAY 42.50 CALL OPTION@ $3.20 -> 5.3 % Return assigned* -- OfficeMax Inc. (NYSE:OMX) Last Price 28.41 - DEC 27.50 CALL OPTION@ $2.10 -> 4.5 % Return assigned* * To learn more about how to use these alerts and for our FREE report, "The 18 Warning Signs That Tell You When To Dump A Stock", go to: http://www.investorsobserver.com/mu18 (Note: You may need to copy the link above into your browser then press the [ENTER] key) ** FREE Access to the Market Intelligence Center where you will find the news, insight and intelligence that can make a difference in the way you invest, go to: http://www.investorsobserver.com/FreeMIC NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. MARKET OVERVIEW In overseas trading, the various markets are creeping higher today, with all 15 of the indices we follow in positive territory. The cumulative average return on the group stands at a gain of 0.513 percent. In Asia, the Nikkei finished with a 0.9-percent gain while the Hang Seng added 0.2 percent. Flying over to Europe, we find that the London FTSE 100 has charged one percent higher, while both the French CAC 40 and the German DAX has jumped 0.6 percent higher. The December futures contract on sweet crude oil shot more than three percent higher on Tuesday as energy prices soared higher on fears of a particularly cold (and expensive) winter. Natural gas prices soared almost 10 percent higher to clamber back above the 14 level. Looking ahead, traders will get a peek at weekly inventory levels for crude oil, gasoline, and distillate (which includes heating oil). On Thursday, natural gas inventories are slated for release. Get Free Stock Picks from Bernie Schaeffer, 3 time winner of the Wall Street Journal Stock Picking Contest. For your Free Trial go to: http://www.investorsobserver.com/freemo2 DYNAMIC MARKET OPPORTUNITIES Just one day after Ben Bernanke was announced as the new Federal Reserve chairman, he'll no doubt be cheered by a Reuters poll of economists that projects 3.5% third quarter GDP growth, despite the roadblock of the recent hurricanes. In addition, a report from the National Association for Business Economics (NABE) says that while these are testing times, many businesses are still coping relatively well. The main reason for that? They're successfully managing to filter higher costs down to consumers. Of 101 companies surveyed, 40% raised their prices during the third quarter. With just 2% cutting prices, the +38 differential was the second-highest since the group started collecting the data back in 1981. For the fourth quarter, the number of firms expecting to push up their prices is projected to rise to 46%. However, while companies are able to pass higher costs down to consumers and offset the prices, that doesn't necessarily mean they're able to hire new workers. The NABE survey also found that the percentage of companies planning to take on new staff dropped sharply from 42% in July to just 29% today. In terms of business profitability, it's a different story in Britain. Figures from accountants Ernst & Young show that the number of firms listed on the London Stock Exchange who issued third quarter profit warnings soared 39% from Q3 2004. September proved to be a particularly brutal month, with 46 of the 103 warnings occurring during the month. In the year to September, 370 companies warned that earnings would be lower - a 42% surge over the previous year. And unlike US companies, the group cited the fact that many British firms have failed to adapt effectively to the economic climate and are struggling to keep costs down. Read more analysis from the 247Profits Group every trading day with the FREE 247Profits e-Dispatch, featuring insightful economic commentary, profitable investment recommendations, and full access to a leading team of financial experts. Register for free here: http://www.247profits.com/enter.html NEWS LEADERS AND LAGGARDS So far today, Wellpoint Health Networks, Sprint Nextel, and TASER International lead the list of companies with the most news stories while OfficeMax and T. Rowe Price are showing a spike in news. InfoSpace, Boeing Inc, and F5 Networks have the highest srtIndex scores to top the list of companies with positive news while Bowater Inc and Lear Corp lead the list of companies with negative news reports. Smith International has popped up with a high positive news sraIndex score. For the FREE article titled, "Earnings Season Decoded - An Essential 15 Point Checklist For Finding Winning Stocks." go to: http://www.wallstreetsecretsplus.com/go/freemu/ TODAY'S ECONOMIC CALENDAR 7:00 a.m. Oct 22 MBA Refinancing Index 10:00 a.m. Sept Chicago Fed Natl Activity Index 10:30 a.m. Oct 21 U.S. Energy Dept Crude Oil Stocks 10:30 a.m. Oct 21 U.S. Energy Dept Distillate Stocks 10:30 a.m. Oct 21 U.S. Energy Dept Gasoline Stocks 11:00 a.m. Oct Kansas City Fed Mfg Index Seven Summits Investment Research is an independent investment research group focusing on the U.S. equities and options markets. Our unique set of analytical tools, screening techniques, rigorous research methods and committed staff provide solid information to help our clients make the best investment decisions possible. For more information go to http://www.sevensummitsinvestmentresearch.com/ . CRD# 137114 This Morning Update was prepared with data and information provided by: InvestorsObserver.com - Better Strategies for Making Money -> For Investors With a Sense of Humor. Only $1 for your first month plus seven free bonuses worth over $420, see: http://www.investorsobserver.com/must Quote.com QCharts- Real time quotes and streaming technical charts to keep you up with the market. Analyze, predict, and stay ahead. for a Free 30 day trial go to: http://www.investorsobserver.com/MUQuote2 247profits.com: You'll get exclusive financial commentary, access to a global network of experts and undiscovered stock alerts. Register NOW for the FREE 247profits e-Dispatch. Go to: http://www.investorsobserver.com/agora Schaeffer's Investment Research - Sign up for your FREE e-weekly, Monday Morning Outlook, Bernie Schaeffer's look ahead at the markets. Sign Up Now http://www.investorsobserver.com/freemo PowerOptionsPlus - The Best Way To Find, Compare, Analyze, and Make Money On Options Investments. For a 14-Day FREE trial and 5 FREE bonuses go to: http://www.poweroptionsplus.com/ All stocks and options shown are examples only. These are not recommendations to buy or sell any security and they do not represent in any way a positive or negative outlook for any security. Potential returns do not take into account your trade size, brokerage commissions or taxes which will affect actual investment returns. Stocks and options involve risk and are not suitable for all investors and investing in options carries substantial risk. Prior to buying or selling options, a person must receive a copy of Characteristics and Risks of Standardized Options available from Catherine at 800-698-9101 or at http://www.cboe.com/Resources/Intro.asp. Privacy policy available upon request. DATASOURCE: Seven Summits Research CONTACT: Reid Stratton of Seven Summits Investment Research, +1-800-698-9101 Web site: http://www.sevensummitsinvestmentresearch.com/

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