[R]4:00PM NY; 10:00PM Frankfurt; 2:30AM Mumbai - GLOBAL MARKETS[/R]
Yield on 10-year bond closed at 4.546% and the 30-year bond closed at 4.698%.

Gold gained $5.100 to close at $652.200 a troy ounce, silver increased 9 cents to end at $13.165 a troy ounce and copper advanced $329.000 to close at $6608.000 per metric ton.

Oil declined 55 cents to close at $57.000 a barrel and heating oil lost 0.100 cents to finish at 168.750 cents a gallon. Natural gas decreased 1.7 cents to close at $6.942 per MMBtu. Gasoline went up 2.130 cents to end at 190.290 cents a gallon.

Asian markets closed mostly lower, with Japanese stocks declining as investors grappled with U.S. market data and its influence on exports. The decliners were led by china with a decline of 1.69%, India with a decrease of 0.90% and Singapore with a loss of 0.84%. The advancers were Philippines with an advance of 0.61%, Taiwan with an increase of 0.31% and South Korea with a gain of 0.07%. Australia lost 0.24%.

European markets finished mostly lower as investors took a break after a wild week, with a continued decline in the insurance and banking sectors balanced by further bid talk around the likes of consumer-goods company Unilever. The decliners were led by Netherlands with a decrease of 0.26%, France with a decline of 0.14% and Belgium with a loss of 0.13%. The advancers were Norway with an advance of 0.29%, Spain with an increase of 0.27% and Switzerland with a gain of 0.12%.

Latin America markets finished lower. The decliners were led by Brazil with a decline of 1.37%, Argentina with a decrease of 1.08% and Mexico with a loss of 0.70%. There were no advancers. Canada lost 0.25%.


[R]2:30PM NY, U.S. Market Movers[/R]

Accredited Home Lenders (LEND: chart) rallied after the company said overnight that it''s reached an agreement to sell substantially all of the loans in its inventory. The company said it plans to sell the $2.7 billion in loans ""at a substantial discount in order to alleviate recent pressures from margin calls."" Accredited also said the sale, which it expects to complete in the next few days, will include a holdback reserve of about $40 million to satisfy all future claims against the loans, including early payment defaults. The company anticipates the sale will result in a pre-tax charge of about $150 million. It estimates it will retain about $120 million of loans held for sale in its warehouse facilities. Shares climbed 18.5%.

AnnTaylor Stores (ANN: chart) shares rose 8.1% after the women''s apparel retailer said fourth-quarter profits fell but offered a strong first-quarter outlook. The company said net income fell 22% to $21.5 million, or 31 cents per share, but that was still better than the 29 cents per share that analysts were expecting. AnnTaylor said it expects 2007 earnings between $2.15 and $2.25 per share, while analysts expect full-year profit of $1.96 per share.

DXP Enterprises (DXPE: chart) shares soared 16.5% after a strong fourth-quarter showing. The company announced its fourth-quarter profit rose 68%, driven in part by product sales from four acquired businesses. Total revenue jumped 45%.

Fremont General Corp. (FMT: chart) said it has received various proposals for additional credit if needed to supplement the company''s current liquidity position of $1.3 billion in cash and short-term investments. Shares of the company went up 11.8%.

Hollis-Eden Pharmaceuticals (HEPH: chart) said it is cutting back further development of its radiation drug Neumune and instead will focus on developing its experimental drugs for diabetes and rheumatoid arthritis. The pharmaceutical company said it will consider licensing or selling Neumune to third parties for further development. Shares climbed 41%.

Manitowoc Co. (MTW: chart) rose 22.4% after the maker of heavy-lifting equipment boosted its 2007 profit forecast. The company now sees earnings of $4.20 to $4.30 a share, up from an earlier projection of $3.85 to $4 a share. For the first quarter, Manitowoc expects earnings to exceed Wall Street''s forecast by about 10%. Analysts currently project earnings of 79 cents a share.

OMI Corp. (OMM: chart) shares jumped 14.7% after the operator of oil tankers said it is evaluating strategic alternatives. The company said that its strategic alternatives include a sale, merger, or the continued execution of its operating plan. OMI has hired financial adviser Perella Weinberg Partners to help it with the process.

Pacific Sunwear of California (PSUN: chart) said that its fourth-quarter net earnings declined to $9.06 million or 13 cents a share, compared with $47 million, or 63 cents per share, in the year-ago period. The fourth-quarter 2006 results include asset impairment and inventory write-down charges of $16.6 million, or 24 cents per share. Excluding items, the company posted a profit of $25.7 million, or 37 cents per share diluted share, compared with $45.2 million, or 60 cents per share, in the same quarter last year. Shares climbed 7.9%.

Adams Respiratory Therapeutics Inc. (ARXT: chart) said it expects third-quarter revenue of $80 million to $85 million and full-year fiscal 2007 revenue of $320 million to $335 million. The pharmaceutical company said lower-than-expected trade orders during the third quarter, coupled with a lack of severity in the reported levels of upper respiratory ailments will impact sales of its major products for the remainder of the fiscal year. Adams also said preliminary data from its Phase IIb erdosteine clinical trial suggest a significant placebo effect and that the two different erdosteine treatment groups do not seem to break statistically from placebo. The company added that it has terminated an underwriting agreement related to its re-sale registration statement, and said the trade has been cancelled. Shares fell 27.7%.

Bally Total Fitness (BFT: chart) shares lost 59.8% after the struggling fitness center operator said it may file for bankruptcy. The slide accelerated a steep decline in the company''s stock that began last year amid questions about management and failed efforts to sell the company. Its stock plummeted $1.19, or 60 percent, to 80 cents a share in afternoon trading on the New York Stock Exchange.

New York Mortgage Trust (NTR: chart) shares hit their 52-week low, a day after reporting a wider-than-expected quarterly loss due to high levels of loan repurchases and credit losses. The company attributed the loss to its mortgage lending segment, which is being discontinued. Shares fell 13.2%.

Six Flags Inc. (SIX: chart) fell 6% after the theme park operator reported a wider fourth-quarter loss. The company posted a loss of $195.2 million, or $2.07 per share, on revenue of $104.3 million. Analysts expected a loss of $1.18 per share. A year earlier, Six Flags recorded a loss of $144.5 million, or $1.55 per share, on revenue of $104.5 million.