[R]4:30PM NY; 10:30PM Frankfurt; 2:45AM Mumbai - GLOBAL MARKETS[/R]
Yield on 10-year bond closed at 4.555% and the 30-year bond closed at 4.670%.

Gold decreased $13.900 to close at $673.300 a troy ounce, silver lost 39 cents to end at $14.300 a troy ounce and copper declined $59.500 to close at $6211.000 per metric ton.

Oil advanced 28 cents to close at $61.740 a barrel and heating oil increased 0.110 cents to finish at 178.040 cents a gallon. Natural gas lost 24 cents to close at $7.293 per MMBtu. Gasoline went up 1.890 cents to end at 183.500 cents a gallon.

Asian markets closed lower for a second straight session and extended the decline that rippled around the world the previous day. The decliners were led by Philippines with a decline of 7.92%, India with a decrease of 4.01% and Singapore with a loss of 3.72%. The only advancer was Taiwan with a gain of 0.02%. Australia lost 2.70%.

European markets finished lower after U.S. recession fears prompted bourses to extend losses sparked the previous day by a slump in the Chinese stock market. The decliners were led by Netherlands with a decrease of 2.02%, Belgium with a loss of 1.87% and U.K. with a decline of 1.82%. There were no advancers.

Latin America markets finished higher, rebounded after the region''s stock markets were pounded by a plunge in Chinese shares and disappointing U.S. economic data. The advancers were led by Brazil with a gain of 1.4%, Argentina with an increase of 0.72% and Mexico with an advance of 0.45%. There were no decliners. Canada gained 0.21% as banks lagged other sectors in recovering from Tuesday''s sharp fall.

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

Audible Inc. (ADBL: chart) surged 22% after the provider of digital audio content posted better-than-expected fourth-quarter results. The company reported a loss of $700,000, or 3 cents a share, on revenue of $23.3 million. During the year-earlier quarter, the company posted a loss of $2.2 million, or 9 cents a share, on revenue of $18.3 million.

Deckers Outdoor Corp. (DECK: chart), shoe company, said quarterly earnings nearly doubled helped by strong full price selling of its UGG Brand fall collection throughout the holiday season. UGG Brand net sales for the fourth quarter rose 40.1% to $109.9 million, the company said in a statement. For the latest quarter, the company reported earnings of $23.5 million, or $1.82 a share, compared with $12.1 million, or 94 cents a share, in the year-ago period. Net sales for the quarter rose 36.7% to $124.4 million. Gross margins rose 790 basis points to 48.5%.

Dycom Industries Inc. (DY: chart), engineering and construction services provider, said that its fiscal second-quarter net earnings increased to $5.59 million, or 14 cents per share, compared with $3.87 million, or 10 cents per share, in the year-ago period. Revenue climbed to $258.3 million versus $237.1 million in the same period a year earlier. Shares climbed 15.2%.

Hospira, Inc. (HSP: chart), injectable drug maker, reported a nearly 80% jump in fourth quarter profit on higher product volumes, higher prices and favorable currency exchange. The company earned $47.4 million, or 30 cents per share, compared with $26.6 million, or 16 cents per share last year. On an adjusted basis, Hospira would have earned 43 cents per share, versus 32 cents per share in the last three months of 2005. Revenue reached $706.5 million, a gain of 9.3%. Shares went up 7.2%.

Kenneth Cole Productions Inc. (KCP: chart) shares rose 12.5% after the footwear and clothing maker said its fourth-quarter profit rose 7%, ahead of analyst expectations. Kenneth Cole earned $8 million, or 39 cents per share, compared with $7.5 million, or 37 cents per share, for the same quarter in 2005. Revenue rose 2.2% to $122.4 million from $119.8 million in the previous year.

Leap Wireless International Inc. (LEAP: chart), wireless service provider, reported a fourth-quarter net loss of $39.4 million, or 60 cents per share compared with the same quarter last year when the company posted a net profit of $4.95 million, or 8 cents per share. Revenue climbed to $315.5 million versus $228.9 million in the same quarter a year earlier. Shares rose 9%.

New Plan Excel Realty Trust (NXL: chart) shares soared 14% to a new 52-week high after the shopping center developer agreed to be acquired for $3.4 billion in cash. New Plan said it is being purchased by affiliates of Australia-based Centro Properties Group for $33.15 per share.

Novatel Wireless Inc. (NVTL: chart), which provides wireless broadband access services to the mobile communications market, said its fourth-quarter profit rose sharply, as the company broadened its product offerings to meet customer demand. Quarterly earnings increased to $2.4 million or 8 cents per share versus $121,000 during the same period in 2005. Revenue grew 58% to $77 million from $48.7 million in the same period a year ago. Shares climbed 4.2%.

Sprint Nextel Corp. (S: chart), wireless carrier, said that its fourth-quarter profit increased 34% to $261 million, or 9 cents per share, with operating revenue up 7% to $10.44 billion. The company said 9% wireless revenue growth after adding 742,000 customers offset a 2% long-distance revenue decline. On an adjusted basis, its profit would''ve climbed 26% to 29 cents per share. Shares went up 6%.

Bitstream Inc. (BITS: chart), font and typeface software developer, said that its fourth-quarter net earnings declined to $630,000, or 6 cents per share, compared with $788,000, or 8 cents per share, in the year-ago period. Revenue climbed to $5.55 million against $4.62 million in the same period a year earlier. Shares fell 30.8%.

Blount International Inc. (BLT: chart), which makes outdoor products and industrial and power equipment, said that its fourth-quarter earnings declined to $9.04 million, or 19 cents per share, compared with $56.2 million, or $1.17 per share, in the year-ago period. The company said the results in the year-ago quarter were favorably impacted by a significant income tax benefit. Revenue decreased to $158.1 million versus $176.9 million in the same period a year earlier. Shares fell 8.1%.

Fremont General Corp. (FMT: chart) tumbled 13% after the subprime lender postponed the release of its fourth-quarter results and said that it would not file its annual report with the Securities and Exchange Commission by Thursday''s filing deadline.

Joy Global (JOYG: chart) slid 12% after the maker of mining equipment posted disappointing first-quarter results. The company earned $59.7 million, or 51 cents a share, on revenue of $560.5 million. During the year-earlier period, the company earned $59.7 million, or 48 cents a share, on revenue of $553.3 million.