Monday, May 08, 2006

Weekend Follies (May 6-7, 2006)

Weekend follies attempts to identify companies issuing substantive press releases at odd-ball hours over the weekend. This generally requires additional caveat emptor. This weekend produced nine culprits. Three on Nasdaq Mercer International, MB Financial and United Community Bancorp. Six on NYSE Wachovia WB, Golden West GDW, Pinnacle Entertainment (PNK), Reddy Ice (FRZ), Continental Airlines (CAL) and Zale Corporation (ZLC)