Daily Markets - Schwab Launches New ETFs
Daily Markets - Schwab Launches New ETFs |
- Schwab Launches New ETFs
- Earnings Scorecard: National-Oilwell
- GE In Utility Privatization Project
- Where Americans Are Spending More…and Less
- ITW Hikes Dividend Rate
- Earnings Scorecard: Equity Residential
- Markets In Everything: Smart Parking Meters With ‘Demand-Responsive Pricing’
- The Jobs Emergency
- Manulife Financial’s Profit Dips
- Nelnet Tops Zacks View
- Earnings Preview: Autodesk
- OfficeMax Remains Cautious
- Skelaxin Generics Hit King Pharma
- Earnings Scorecard: Helmerich & Payne
- ReneSola Beats Zacks Estimate
- Central Garden & Pet Misses
- Cogo Group Matches Estimates
- Catalyst Health In Line With Zacks
- The Short And Simple Story Of The Credit Crisis.
- Forex Trading: EURUSD Finds Buyers Against 100 Hour MA Level On First Test
- SABESP 2Q Dips, Short Of Estimate
- Chrysler Still In Loss Territory
- ProAssurance On Par With Zacks Est
- Osiris Beats On Cost Control
- Leucadia’s Profit Declines
- Loss Widens For Morgans Hotel Group
- A Bull Market No One Is Talking About?
- Is The Media Gaming You?
- AES Corp Flies Past Estimates
- Dril-Quip Slips By A Penny
- Veolia Gains, Revenues Suffer
- Post-Recession Private Job Growth
- Q2 Revenues Up At Micromet
- Sara Lee CEO Steps Down
- Q2 Loss Widens At Ardea
- Hot Stock News For Monday 9 August: Hewlett-Packard, Bank of America, Research in Motion, Apple, Visa, JP Morgan, 3M, Genzyme, AIG
- Australian Dollar: The Downside Prevails
- Canadian Dollar: Under Pressure
- Forex Trading: USDJPY Corrects To 100 Hour MA Resistance Level
- UBS AG Sells $1.5 Billion Notes
- A Chicago Bank Fails, Becomes 109th
- Dynegy Beats, Still In Red
- Forex Trading: GBPUSD Remains Above 100 Hour MA As Consolidation Phase Continues
| Posted: 09 Aug 2010 11:35 AM PDT Last week, Charles Schwab Corporation (NASDAQ:SCHW) announced the launch of three new bond Exchange-Traded Funds (ETFs). This will increase the tally of Schwab's total ETFs to 11. Previously the company had 8 Equity ETFs. The new bond ETFs are expected to offer coverage to short-term, intermediate-term and inflation-protected securities. |
| Earnings Scorecard: National-Oilwell Posted: 09 Aug 2010 11:35 AM PDT Oilfield service company National-Oilwell Varco (NYSE:NOV) reported its second quarter 2010 results on July 29. The reported quarter earnings results were 4 cents higher than the Zacks Consensus Estimate, attributable to proficient managerial skills and the company’s diversified technology portfolio. |
| GE In Utility Privatization Project Posted: 09 Aug 2010 11:35 AM PDT GE Intelligent Platforms, a part of General Electric (NYSE:GE), will be working on the Alaska Utility Privatization Project being developed by Doyon Utilities LLC. The project will use GE's Proficy Process Systems, providing productive and flexible power generation solution. |
| Where Americans Are Spending More…and Less Posted: 09 Aug 2010 11:11 AM PDT Since the recession started, Americans have increased spending the most on telephone equipment, pets, education, child care, health care, housing, food and drink and have cut back spending the most on moving, motor vehicles, gas, recreational vehicles, video/audio equipment, and travel outside the U.S. Read more of Mike Mandel’s analysis on the changes in consumer spending since the fourth quarter of 2007. … [visit site to read more] |
| Posted: 09 Aug 2010 11:05 AM PDT Illinois Tool Works Inc.'s (NYSE:ITW) Board of Directors approved a 10.0% hike in the company's quarterly dividend rate. The revised quarterly rate now stands at 34 cents per common share compared with 31 cents previously, resulting in an annual rate of $1.36 per common share. The revised dividend will be paid on October 13, to shareholders as of the close of business on September 30. |
| Earnings Scorecard: Equity Residential Posted: 09 Aug 2010 11:05 AM PDT Equity Residential (NYSE:EQR), a leading real estate investment trust (REIT), reported its fiscal 2010 second quarter fund from operations (FFO) of 58 cents per share, which exceeded the Zacks Consensus Estimate by 3 cents. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income. |
| Markets In Everything: Smart Parking Meters With ‘Demand-Responsive Pricing’ Posted: 09 Aug 2010 10:53 AM PDT “San Francisco has been working on making parking “smarter” for quite a while now, and it’s just recently taken another big step in that direction by starting to replace over 5,000 older parking meters with the snazzy new model pictured above. Those will not only let you pay with a credit or debit card, but will automatically adjust parking rates based on supply and demand, which means you could pay anywhere from $0.25 to $6.00 an hour depending on how many free spaces there are. Those rates … [visit site to read more] |
| Posted: 09 Aug 2010 10:51 AM PDT Washington's latest answer to the worst jobs crisis since the Great Depression is $26 billion in aid to state and local governments. This still leaves the states and locales more than $62 billion in the hole this fiscal year. And because every state except Vermont has to balance its budget, the likely result is 600,000 to 700,000 more state and local jobs vanishing over the next 12 months (including private contractors and other businesses that depend on state and local governments) according … [visit site to read more] |
| Manulife Financial’s Profit Dips Posted: 09 Aug 2010 10:35 AM PDT Manulife Financial Corporation (NYSE:MFC) reported second-quarter 2010 adjusted operating earnings of 37 cents, lower than 48 cents reported in the prior-year quarter. Adjusted operating earnings were $643 (C$658) million, lower than $759 (C$776) million in second-quarter 2009. |
| Posted: 09 Aug 2010 10:35 AM PDT Nelnet Inc. (NYSE:NNI) reported second quarter 2010 earnings of $1.17 per share compared with 60 cents in the year-ago quarter. Excluding gains on debt repurchases, the company reported earnings of $1.06 per share, compared with 53 cents in the prior-year period. Results were also ahead of the Zacks Consensus Estimate of 96 cents. Quarterly results reflect a decrease in interest expenses (payable on bonds and notes) and benefits of diversification of revenue through fee-based businesses. The … [visit site to read more] |
| Posted: 09 Aug 2010 10:35 AM PDT Autodesk Inc. (NASDAQ:ADSK) will release it second quarter 2011 earnings on August 12, 2010. On June 24, 2010, at its Investor Day, Autodesk raised the low end of its second quarter 2011 earnings and revenue guidance, primarily due to strong global end market demand. The company had also provided its long-term business outlook. |
| Posted: 09 Aug 2010 10:35 AM PDT Despite posting better-than-expected second-quarter 2010 results, OfficeMax Inc. (NYSE:OMX) projected weaker sales for third quarter and fiscal 2010, as it remains cautious about the macroeconomic environment and a sluggish job market that may weigh upon the results. |
| Skelaxin Generics Hit King Pharma Posted: 09 Aug 2010 10:35 AM PDT King Pharmaceuticals Inc. (NYSE:KG) reported second-quarter earnings of 17 cents per share, a penny above the Zacks Consensus Estimate, but 46.9% below the year-ago earnings. Revenues fell 16.6% to $370.9 million mainly due to the lackluster performance of several key products and the entry of two generic versions of Skelaxin. Revenues, however, exceeded the Zacks Consensus Estimate by $8.9 million. |
| Earnings Scorecard: Helmerich & Payne Posted: 09 Aug 2010 10:35 AM PDT Late last month, contract drilling services provider, Helmerich & Payne Inc. (HP) announced its financial results for the third fiscal quarter of 2010 (three months ended June 30, 2010). |
| Posted: 09 Aug 2010 10:05 AM PDT ReneSola Ltd. reported second-quarter adjusted Earnings Per American Depositary Share (EPADS) of 42 cents per share, beating both the Zacks Consensus Estimate of 40 cents and year-ago quarterly loss of five cents. |
| Posted: 09 Aug 2010 10:05 AM PDT Central Garden & Pet Company's (NASDAQ:CENT) third-quarter 2010 results fell short of the Zacks' expectations. The quarterly earnings of 40 cents a share missed the Zacks Consensus Estimate of 44 cents and dropped 9.1% from the prior-year quarter. |
| Posted: 09 Aug 2010 10:05 AM PDT COGO Group Inc (NASDAQ:COGO) reported second quarter of 2010 earnings per share from continuing operations of 12 cents, matching the Zacks Consensus Estimate. Cogo posted revenues of $91 million, up 23.6% year-over-year. |
| Catalyst Health In Line With Zacks Posted: 09 Aug 2010 10:05 AM PDT Catalyst Health Solutions Inc. (CHSI) reported second quarter 2010 income from continuing operations of $19.5 million or earnings of 44 cents per share, in line with the Zacks Consensus Estimate. The result compares favorably with the earnings of $16.2 million or 37 cents in the prior-year quarter. |
| The Short And Simple Story Of The Credit Crisis. Posted: 09 Aug 2010 09:48 AM PDT This is a really good video explaining the financial crisis in a pretty simple manner. The video explains credit default obligations (CDOs), sub-prime lending, leverage, low interest rates: and how they caused the worst economic crisis since the great depression. |
| Forex Trading: EURUSD Finds Buyers Against 100 Hour MA Level On First Test Posted: 09 Aug 2010 09:36 AM PDT |
| SABESP 2Q Dips, Short Of Estimate Posted: 09 Aug 2010 09:35 AM PDT Sao Paulo, Brazil-based Companhia de Saneamento Basico do Estado de Sao Paulo, or SABESP's (NYSE:SBS) financial results in the second quarter 2010 were disappointing as earnings per ADR of R$1.46 (US$1.62 per ADR) reported a year-over-year decline of 28.4% compared with R$2.04 (US$1.95) in the second quarter of 2009. Earnings per ADR also fell short of the Zacks Consensus Estimate of $1.65. |
| Chrysler Still In Loss Territory Posted: 09 Aug 2010 09:35 AM PDT The struggle continues for Chrysler Group LLC having reported a net loss of $172 million for its second quarter ended June 30, 2010. However, an improvement in operating profit was instrumental in narrowing down the loss from the $197 million reported in the first quarter of fiscal 2010. The Detroit-based auto maker did not report its second quarter fiscal 2009 results. |
| ProAssurance On Par With Zacks Est Posted: 09 Aug 2010 09:35 AM PDT ProAssurance Corporation's (NYSE:PRA) second quarter operating earnings of $1.29 per share came in line with the Zacks Consensus Estimate. However, this compared unfavorably with the earnings of $1.52 per share in the prior-year quarter. |
| Posted: 09 Aug 2010 09:35 AM PDT Osiris Therapeutics(NASDAQ:OSIR) reported second quarter earnings of 5 cents per share, well above the Zacks Consensus Estimate of a profit of one cent and the year-ago loss of 26 cents. Even though revenues missed expectations by $0.7 million, the bottom-line was driven by lower operating expenses. |
| Posted: 09 Aug 2010 09:35 AM PDT Leucadia National Corporation (NYSE:LUK) reported its financial results for the second quarter of 2010. The company generated a net loss of $244.7 million, or $1.01 per share during the quarter compared with net earnings of $411.0 million, or $1.67 per share in the second quarter of 2009. The decline was attributable to losses related to Leucadia's associated companies. |
| Loss Widens For Morgans Hotel Group Posted: 09 Aug 2010 09:35 AM PDT Morgans Hotel Group Co. (NASDAQ:MHGC) reported its second quarter 2010 loss from continuing operations of 75 cents per share, highly disappointing as compared with the Zacks Consensus Estimate of a loss of 29 cents and the year-ago quarter's loss of 32 cents. The wider-than-expected losses were due to the expense related to the development of the hotel Mondrian in SoHo and absence of tax benefit recorded in second quarter 2009. |
| A Bull Market No One Is Talking About? Posted: 09 Aug 2010 09:17 AM PDT Fundamentals |
| Posted: 09 Aug 2010 09:08 AM PDT Monday, August 9, 2010: Issue #1319 |
| Posted: 09 Aug 2010 09:05 AM PDT AES Corporation's (NYSE:AES) adjusted EPS of 23 cents in the second quarter of 2010 flew past the Zacks Consensus EPS estimate of 21 cents. However, adjusted EPS for the quarter fell short of the year-ago EPS of 28 cents. On a GAAP basis the company reported EPS of 18 cents compared with 45 cents in the year-ago quarter. |
| Posted: 09 Aug 2010 09:05 AM PDT Dril-Quip Inc. (NYSE:DRQ) reported modestly weaker-than-expected second-quarter earnings of 70 cents per share, compared with the Zacks Consensus Estimate of 71 cents. The quarter's earnings were, however, slightly higher than the year-earlier profit of 68 cents. |
| Posted: 09 Aug 2010 09:05 AM PDT Despite a mixed economic environment, Veolia Environnement S.A. (NYSE:VE) achieved a 6.6% rise in recurring net income for the first six months of 2010, which came in at €306.2 million. The six-month period of 2010 witnessed good recycled raw material prices, while recovery in waste volumes was limited and divergent. |
| Post-Recession Private Job Growth Posted: 09 Aug 2010 08:35 AM PDT The general tone of the press coverage in response to the employment report was that this recovery is particularly weak and that job creation has been awful. The question, then, is: “Compared to what?” Well how about the last two recessions? We don't yet have an "official" end to the Great Recession as scored by the NBER, but the general consensus of economists is that it ended in July 2009. That is when several key indicators started to turn up, and was also the start of the third … [visit site to read more] |
| Posted: 09 Aug 2010 08:35 AM PDT Micromet Inc.'s (NASDAQ:MITI) second quarter 2010 loss per share came in at 4 cents per share, narrower than the year-ago quarter's loss of 27 cents. However, after adjusting for the change in fair value of warrants, the company reported a loss per share of 14 cents, less than the year-ago quarter's post adjustment loss of 15 cents per share. The Zacks Consensus Estimate hinted at a loss of 17 cents per share. Revenues for the reported quarter climbed approximately 32.6% year over year to … [visit site to read more] |
| Posted: 09 Aug 2010 08:35 AM PDT Sara Lee Corp. (NYSE:SLE) announced today that its CEO Brenda C. Barnes will resign from the positions of Chairman and Chief Executive Officer. She was on a prolonged medical leave since May 14, 2010 following a stroke. Under Barnes' leadership, Sara Lee undertook various business restructuring initiatives. These included the sale of the company's air freshener division to Procter & Gamble (NYSE:PG) and personal care brands to Unilever Plc. (NYSE:UL) for a combined consideration of … [visit site to read more] |
| Posted: 09 Aug 2010 08:35 AM PDT Ardea Biosciences Inc.'s (NASDAQ:RDEA) second-quarter 2010 net loss of $12.8 million, or 57 cents per share was higher than the year-ago loss of $8 million, or 44 cents per share and the Zacks Consensus Estimate of a 46 cent per share loss. |
| Posted: 09 Aug 2010 08:32 AM PDT General Motors - Co. is expected to kickstart its return to the stock market this week by registering its intention to float as well as reporting is Q2 earnings. (Sunday Express) UK UK’s biggest companies are carrying GBP 73bln pension deficit. (Telegraph) The total pension deficit of the FTSE 100 was an estimated GBP 73bln at the end of June, according to research by Pension Capital Strategies (PCS), a division of insurance broker Jardine Lloyd Thompson. That is a GBP 17bln … [visit site to read more] |
| Australian Dollar: The Downside Prevails Posted: 09 Aug 2010 08:18 AM PDT |
| Canadian Dollar: Under Pressure Posted: 09 Aug 2010 08:18 AM PDT |
| Forex Trading: USDJPY Corrects To 100 Hour MA Resistance Level Posted: 09 Aug 2010 08:07 AM PDT |
| UBS AG Sells $1.5 Billion Notes Posted: 09 Aug 2010 08:05 AM PDT UBS AG (NYSE:UBS) has sold $1.5 billion of senior unsecured bank notes through its Stamford branch. The notes have a coupon rate of 2.25% and mature on August 12, 2013. |
| A Chicago Bank Fails, Becomes 109th Posted: 09 Aug 2010 08:05 AM PDT U.S. regulators on Friday shuttered Chicago, Illinois-based Ravenswood Bank, pushing up U.S. bank failures to 109 so far in 2010. This compares with a total number of 140 bank failures in 2009, 25 in 2008 and only 3 in 2007. |
| Posted: 09 Aug 2010 08:05 AM PDT Before markets opened today, Dynegy Inc. (NYSE:DYN) reported a second quarter net loss of 25 cents per share in-line with results for the second quarter of 2009. The Zacks Consensus Estimate was a loss of 41 cents per share for the quarter. |
| Forex Trading: GBPUSD Remains Above 100 Hour MA As Consolidation Phase Continues Posted: 09 Aug 2010 07:48 AM PDT |
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