Monday Sept 28 Morning Notes

Es: -0.4% at 1911.25
10yr: -0.7% at 2.153
Vx: +2.8% at 22.95
Cl: -2.4% at 44.57

Earnings: N/A
Other News: Glencore looks to be in a death spiral; AA to split into two companies; WMB and ETE to merge

GAINERS:
MEG: +22.3% at 13.64, t/o bid from NXST
AA: +6% at 9.62, 7.1m
JCP: +2.2% at 9.60, 75k
SHPG: +0.8% at 210.25, 10.4k

LOSERS:
CALM: -6.5% at 53.85, 11.7k
VALE: -4.4% at 4.32, 21.6k
FCX: -4.1% at 9.40, 274k
X: -3% at 10.47, 49k
VOD: -2.9% at 31.85, 1m
SUNE: -2.8% at 8.26, 80k
WMB: -1.7% at 40.88, 38k

TT Track of the Day: "Subdivisions" by Rush. I love these Canadian fruitcakes.