Daily Markets - Pressing Pause ‘Til Friday
Daily Markets - Pressing Pause ‘Til Friday |
- Pressing Pause ‘Til Friday
- Healthways Partners MedNetworks
- Fixed Annuities vs. CDs: Which One Should You Invest Your Money In?
- Emerging Markets To Drive Healthcare ETFs
- LMT Wins $69.8M Missile Contract
- BHI Gets DOJ Nod For Asset Sale
- Pride Int’l: Persuasive Deepwater
- Diageo Posts Higher Profit
- Roche Enters Into Deal With Aileron
- NextEra Energy Cuts CO2 Emissions
- Fluor Corp Wins Contract
- Guess? Beats, Stock Tanks
- Earnings Preview: Tiffany & Company
- The US Is Headed For A Double-Dip Recession
- CAKE Opens Unit, Plans Growth
- 3M Wins Contract
- Roubini: Growth At Stall Speed
- Initial Claims Down, Extended Claims Up
- Brookfield Gains Control Of Spinco
- NVS Acquires Majority Share In ACL
- Australian Dollar: Continuation Of The Rebound
- Canadian Dollar: Bullish Bias Above 1035
- US Housing Woes Cause Euro To Sink To Recent Lows
- Stryker Buying Gaymar Industries
- Delta Launches Tender Offers
- Guy Spier’s Reading List
- Forex Trading: EURUSD In See-saw, Up And Down Action In NY Sesssion
- Singapore Stock Market Update For Thursday 26 August
Posted: 26 Aug 2010 11:35 AM PDT The market bounced a little on Wednesday in the face of some pretty horrific economic news (Durable Goods and New Home Sales). And at the open on Thursday it extended the run after a mildly positive weekly Jobless Claims report. Yes, 473,000 new jobs lost is better than 495,000 expected. But it's still above the average for the year, and the trend is headed in the wrong direction. Now with all that said, the market is now see-sawing around the breakeven market. That is because tomorrow … [visit site to read more] |
Healthways Partners MedNetworks Posted: 26 Aug 2010 11:35 AM PDT Healthways Inc. (NASDAQ:HWAY) recently announced a new relationship with MedNetworks Inc., a company offering functional know-how to map, analyze, and activate social networks. Its knowledge-base was primarily developed by Professor Nicholas Christakis of Harvard University. MedNetworks has sole permission from Harvard to apply the technology in the health care sector. |
Fixed Annuities vs. CDs: Which One Should You Invest Your Money In? Posted: 26 Aug 2010 11:30 AM PDT During times of subpar market performance, many potential investors look at fixed annuities in order to have at least a minimal guaranteed return. Fixed annuities have always been in competition with CDs since they both offer guaranteed low rates. For the most part, CDs have had the advantage since they offer more liquidity of funds. After the contract period has passed with a CD, the total sum of money is yours to do with as you please. Fixed annuities keep your money locked up for longer … [visit site to read more] |
Emerging Markets To Drive Healthcare ETFs Posted: 26 Aug 2010 11:17 AM PDT As emerging markets continue to grow and affluence rises, the developing world is likely to be the driving force behind growth in the global health care sector paving the path to opportunity in the iShares S&P Global Healthcare Sector Index Fund (IXJ), the iShares Dow Jones US Pharmaceuticals Index Fund (IHE) and the Vanguard Health Care ETF (VHT). |
LMT Wins $69.8M Missile Contract Posted: 26 Aug 2010 11:05 AM PDT The largest US defense contractor, Lockheed Martin Corporation (NYSE:LMT) won a $69.8 million contract from the Department of Defense for work on a missile-defense system. |
BHI Gets DOJ Nod For Asset Sale Posted: 26 Aug 2010 11:05 AM PDT Baker Hughes Inc. (NYSE:BHI) received the approval from the Antitrust Division of the U.S. Department of Justice (DOJ) for the sale of a package of Gulf of Mexico (GoM) based simulation assets. Baker will sell the assets to Superior Energy Services Inc. (NYSE:SPN) for $55 million as announced on July 6, 2010. |
Pride Int’l: Persuasive Deepwater Posted: 26 Aug 2010 10:35 AM PDT We believe that downward pressure on rig utilization and dayrates will continue in the near term resulting from newbuild capacity as well as the impact of the Gulf of Mexico (GoM) moratorium. However, long-term fundamentals of the offshore story remain favorable, especially the deepwater end of it. |
Posted: 26 Aug 2010 10:35 AM PDT Diageo Plc.'s (NYSE:DEO) fiscal 2010 net income from continuing operations grew 1.5% to £1.63 billion ($2.58 billion) from £1.61 billion in the year-ago period. Earnings per share came in at £0.65 ($4.11 per ADR), compared to £0.64 per share in the year-ago quarter. Net sales recorded growth of 5% year-over-year to £9.78 billion ($15.48 billion). Excluding the impact of foreign exchange, acquisitions and disposals, organic sales logged a growth of 2%. Volumes also grew 2% year-over-year to … [visit site to read more] |
Roche Enters Into Deal With Aileron Posted: 26 Aug 2010 10:35 AM PDT Roche Holdings Ltd. (RHHBY) recently announced that it entered into a collaboration agreement with Aileron Therapeutics Inc. for the discovery, development and commercialization of Stapled Peptide Therapeutics. Stapled Peptide Therapeutics, a new class of drugs, was discovered as a result of Aileron's breakthrough peptide stabilization technology. |
NextEra Energy Cuts CO2 Emissions Posted: 26 Aug 2010 10:05 AM PDT Electric utility NextEra Energy Inc. (NEE) through significant investment in its producing facilities has considerably lowered the emission of green house gases. NextEra's carbon dioxide (CO2) emission rate declined 33% to 657 pounds per megawatt-hour in 2009 from 985 pounds per megawatt-hour in 2000. The present emission rate of the company is around 50% below the U.S. electric power sector average of 1,297 pounds per megawatt-hour. |
Posted: 26 Aug 2010 10:05 AM PDT Fluor Corporation (NYSE:FLR) has won a contract for providing consultancy work on Abu Dhabi's new Integrated Public Transportation Network. |
Posted: 26 Aug 2010 10:05 AM PDT Guess? Inc. (NYSE:GES) delivered record earnings per share (EPS) of 72 cents in its second quarter ended July 31, 2010, beating the Zacks Consensus Estimate of 69 cents. Earnings were also 13% above 64 cents reported in the year-ago quarter and beat the company's guided range of 65 cent to 68 cents. The company's expansion in Europe and Asia has paid off, with the regions contributing more than half the quarter's revenue growth. This is commendable considering the headwinds caused by the … [visit site to read more] |
Earnings Preview: Tiffany & Company Posted: 26 Aug 2010 09:35 AM PDT Tiffany & Company (NYSE:TIF), a high-end jewelry designer, manufacturer and retailer, is scheduled to report its second-quarter 2010 financial results before the bell on Friday, August 27, 2010. The current Zacks Consensus Estimate for the quarter is 53 cents a share. |
The US Is Headed For A Double-Dip Recession Posted: 26 Aug 2010 09:23 AM PDT Good day ladies and gents! Here’s my take on the US economy. In today’s feature is actually the daily chart of the Dow Jones Industrial Average or DJIA. For those who do not know, the DJIA or DJI is the stock index of the 3o biggest US companies. The index of course, reflects the present average prices of the included companies. Positive or negative sentiment towards any one of these firms are of course “priced in” in their respective valuation and in the index as a whole. So if these … [visit site to read more] |
Posted: 26 Aug 2010 09:05 AM PDT California-based Cheesecake Factory Inc. (NASDAQ:CAKE) announced that it had opened a Cheesecake Factory restaurant at the Bridgewater Commons in Bridgewater, New Jersey on August 23. The new 8,500 square feet Bridgewater restaurant can accommodate 225 guests. This is the third and last unit opening for this year. |
Posted: 26 Aug 2010 09:05 AM PDT 3M Company (NYSE:MMM) has won an order to supply sterilization assurance products to Premier Inc, a medical services provider. 3M's products will be used in 2,400 hospitals and 70,000 centers affiliated to Premier. |
Roubini: Growth At Stall Speed Posted: 26 Aug 2010 09:03 AM PDT Sense on Cents is serving a full helping of Nouriel Roubini today. Hopefully, our morning course only served to further whet your appetite for more financial wisdom from this economic giant. Having already dined on market structures, the world of Wall Street, and assorted vices and virtues this morning, this afternoon we are serving a course of Roubini's outlook on the economy. Nouriel Roubini, … [visit site to read more] |
Initial Claims Down, Extended Claims Up Posted: 26 Aug 2010 08:35 AM PDT Initial Claims for Unemployment Insurance fell to 473,000, a drop of 31,000 from last week. That is good news, but only in terms of the direction. After several weeks in a row of new claims shooting higher, the upward momentum has been stalled. But initial claims remain far too high. The four-week moving average continued to advance raising by 3,250 to 486,750. That is the highest level for the moving average since last November. After falling sharply in the second half of last year, the … [visit site to read more] |
Brookfield Gains Control Of Spinco Posted: 26 Aug 2010 08:35 AM PDT Brookfield Asset Management Inc. (NYSE:BAM), a global asset manager focused on property, renewable power and infrastructure assets with over $100 billion of assets under management, has recently gained management control of Spinco Inc., the spin-off division of General Growth Properties Inc. (NYSE:GGP). |
NVS Acquires Majority Share In ACL Posted: 26 Aug 2010 08:35 AM PDT Novartis AG (NYSE:NVS) recently became a majority shareholder of eye care company Alcon Inc. (NYSE:ACL) following the purchase of about 156 million shares from Swiss corporation Nestlé S.A. (NESN.VX) for $28.3 billion. |
Australian Dollar: Continuation Of The Rebound Posted: 26 Aug 2010 08:18 AM PDT |
Canadian Dollar: Bullish Bias Above 1035 Posted: 26 Aug 2010 08:18 AM PDT |
US Housing Woes Cause Euro To Sink To Recent Lows Posted: 26 Aug 2010 08:17 AM PDT Fundamentals |
Stryker Buying Gaymar Industries Posted: 26 Aug 2010 08:05 AM PDT Orthopedic devices giant Stryker Corp. (NYSE:SYK) has struck a definitive agreement to acquire privately held medical product maker Gaymar Industries for $150 million in cash. The boards of both companies have approved the deal and pending customary closing conditions, the transaction is expected to close on October 1, 2010. Stryker's shares were down 18 cents (or 0.42%) to $42.94 in after-hours trading on August 25. |
Posted: 26 Aug 2010 08:05 AM PDT Delta Air Lines Inc. (NYSE:DAL), the world's largest airline, commenced cash tender offers to buy certain pass through certificates and its 11.75% senior second lien notes due in 2015. The offer is a part of Delta's ongoing efforts to reduce debt. |
Posted: 26 Aug 2010 07:37 AM PDT Guy Spier might not be well known, but he is no doubt a great value investor. He did his MBA at the Harvard Business School (class of 1993) and has a First Class degree in PPE (Politics, Philosophy and Economics) from Oxford University, where he studied at Brasenose College. Upon graduating, he was co-awarded the George Webb Medley prize for the best performance in that year in Economics. |
Forex Trading: EURUSD In See-saw, Up And Down Action In NY Sesssion Posted: 26 Aug 2010 07:27 AM PDT |
Singapore Stock Market Update For Thursday 26 August Posted: 26 Aug 2010 03:08 AM PDT Morning Highlights Singapore market higher, with STI up 5.14 points to open at 2931.69. Singapore’s July manufacturing output grew at the slowest pace in eight months, as biomedical output suffered its first yearly decline since December 2009 Watch Out For Economic News Today: Hong Kong July Exports … [visit site to read more] |
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