old national bancorp

The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session: Before The Market Opens Economic: 8:30am ET

• Personal Income/Spending - gain of 0.4% and 0.1%, respectively

10:30am ET

• Dallas Fed Manufacturing Activity - 0.5

Earnings: First Financial Holdings, Inc.

(Nasdaq: FFCH) - consensus EPS $0.09 Gannett Co., Inc. (NYSE: GCI) - consensus EPS $0.69 Haemonetics Corp. (NYSE: HAE) - consensus EPS $0.80 Heartland Financial Usa, Inc.

(Nasdaq: HTLF) - consensus EPS $0.34 Ingles Markets, Inc.

Indiana Community Bancorp (Nasdaq: INCB) 43.9% HIGHER; Old National Bancorp (NYSE: ONB) will acquire the company in a $79.2 million stock deal.

Illumina, Inc. (NASDAQ: ILMN) 43.3% HIGHER; Roche announced a proposal to acquire all outstanding shares of Illumina for $44.50 per share in cash. Click here to see the full report.

Flagstar Bancorp, Inc.

The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session: Before Market Opens Economics: 8:30am EST

• Personal Income - Street sees 0.3%
• Personal Spending - Street sees 0.2%

Earnings: Bank of Smithtown (NASDAQ: SMTB) - consensus loss $0.17 Changyou.com LTD (NASDAQ: CYOU) - consensus EPS $0.73 Duncan Energy Partners LP (NYSE: DEP) - consensus EPS $0.41 First State Bancorp (NASDAQ: FSNM) - consensus loss $1.26 Gannett (NYSE: GCI) - consensus EPS $0.63 Haemonetics Corporation (NYSE: HAE) - consensus EPS $0.72 Hewitt Associates

The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session: Before Market Opens: Earnings: Alberto Culver Co.

(NYSE: ACV) – consensus EPS $0.32 Atlas Air (NASDAQ: AAWW) ) - consensus EPS $0.57 Boardwalk Pipeline Partners LP (NYSE: BWP) - consensus EPS $0.18 Ceragon Networks Ltd (NASDAQ: CRNT) - consensus EPS $0.03 Corning (NYSE: GLW) - consensus EPS $0.39 General Cable Corporation (NYSE: BGC) - consensus EPS $0.53 Lakeland Financial (NASDAQ: LKFN) - consensus EPS $0.35 National Oilwell Varco (NYSE: NOV) - consensus EPS $0.79 NV Energy, Inc.

Here's what happened: Old National Bancorp of Indiana, along with hundreds of other banks, essentially gave stock options to the government as part of the bailout.

The government now has options to buy stock in 579 banks. But many banks want to buy those warrants back.

Problem is, no one knows exactly how much those warrants are worth.