Thursday, September 9, 2010

Daily Markets - MeHI Selects Athenahealth EHR

Daily Markets - MeHI Selects Athenahealth EHR


MeHI Selects Athenahealth EHR

Posted: 09 Sep 2010 08:05 AM PDT

Leading medical billing and records software provider Athenahealth Inc. (NASDAQ:ATHN) has announced that it has been selected as a preferred vendor for electronic health record (EHR) solutions by Massachusetts e-Health Institute (MeHI), a unit of the Massachusetts Technology Collaborative (“MTC”), the state’s incumbent development agency for renewable energy and innovation economy.
MeHI is a designated entity for health care innovation in Massachusetts and is responsible for the implementation … [visit site to read more]


Win $1 Million With ‘It Pays To Discover Everyday Giveaway’!

Posted: 09 Sep 2010 07:53 AM PDT

It Pays to Discover Everyday Giveaway is a new promotion by Discover Card in which up to 27,375 prizes will be handed out daily over a one-year period, plus a $1 million prize at the end of the year.

Each time you use your Discover card, either to withdraw money, make a purchase or use it to pay recurring bills, you will automatically be entered into the daily draw for prizes, meaning that if you are lucky, you could even win up to one prize daily!

No matter how large or small your … [visit site to read more]


Sky Traffic Rises In August

Posted: 09 Sep 2010 07:35 AM PDT

August has been a busy month for airliners with traffic showing signs of increase. The economic downturn in 2009 and the oil price hike in 2008 had affected the airline industry during the past two years. Now, with the economic recovery, demand for air travel is increasing from last year’s depressed levels.
Airline traffic is measured in billions of revenue passenger miles (RPM), which is the revenue generated for every mile a passenger flies. Unit revenue and capacity rose for most of the … [visit site to read more]


Back-to-School Drives Macy’s Sales

Posted: 09 Sep 2010 07:35 AM PDT

Macy’s Inc. (NYSE:M) posted better-than-expected sales results for the four-week period ended August 28, 2010, on the heels of strong back-to-school business, driven by robust performances across Material Girl, Madonna’s new apparel line, and American Rag, the private brand.
The company’s comparable-store sales for August 2010 rose 4.3%, following an increase of 7.3% registered in July 2010, a sharp improvement from a decline of 8.1% witnessed in August 2009.
Cincinnati, Ohio-based company, … [visit site to read more]


Target Sales Rise

Posted: 09 Sep 2010 07:35 AM PDT

Target Corporation (NYSE:TGT), the operator of general merchandise and food discount stores in the United States, recently posted sales results for the four-week period ended August 28, 2010.
The company’s comparable-store sales for August 2010 rose 1.8%, following an increase of 2% registered in July 2010 and reflecting a sharp improvement from a decline of 2.9% witnessed in August 2009.
The increase in comps was the result of growth in comparable store transactions, partly offset by a marginal … [visit site to read more]


Stock Market News Briefs: Boise Inc, BP P.l.c., Goldman Sachs Group, Harmony Gold Mining Co. Ltd., Hasbro, J P Morgan Chase & Co, Temple-Inland, Caseys General Stores, Research In Motion Limited, Teva Pharmaceutical Industries Limited, UAL Corporation

Posted: 09 Sep 2010 07:05 AM PDT

 Reports say 7-Eleven is planning a $40 per share bid for Casey’s General Stores (NASDAQ:CASY), valued at $2 billion

 Fitch upgraded its rating on BP (NYSE:BP) three notches to A with a Stable outlook, noting the “end to the threat of further leaks from the Macondo well”

 Goldman Sachs (NYSE:GS) upgraded Temple-Inland (NYSE:TIN) to “buy” from “neutral,” taking the price target from $24 to $26

 Goldman Sachs (NYSE:GS) downgraded Boise (NYSE:BZ) to “neutral” from “buy,” but raised the … [visit site to read more]


BP Posts Internal Report On Spill

Posted: 09 Sep 2010 07:05 AM PDT

BP plc (NYSE:BP) released its internal investigation report on the Deepwater Horizon explosion yesterday. Apart from blaming itself for the accident, BP also holds others such as Transocean Ltd. (NYSE:RIG) and Halliburton Co. (NYSE:HAL) responsible.
In its 193-page report, the U.K. oil major cited at least eight errors of judgment and equipment failures that led to the eruption of natural gas from the Macondo well, off the Louisiana coast.
The report said that crew members aboard the rig realized … [visit site to read more]


Mystery Bidder For Casey’s

Posted: 09 Sep 2010 07:05 AM PDT

A third party has entered the fray to acquire Casey’s General Stores Inc. (NASDAQ:CASY) at $40 per share, thereby making the bidding war a bit messy as Couche-Tard’s is looking forward to participating in Casey’s auction process. While management has not defined who the third party is, it is believed to be 7-eleven going by the buzz in the air.
In April 2010, Alimentation Couche-Tard Inc, the Canadian convenience-store chain, made an unsolicited offer of $36.75 per share for Casey’s. In September, … [visit site to read more]


Investing And Allocating Assets In Light Of Economic Weakness And Deflation

Posted: 09 Sep 2010 04:45 AM PDT

Anyone who has been watching the business news lately would have noticed how often the word 'uncertainty' is mentioned in the same sentence as investing. Given the conflicting macro economic data and way in which this data can be construed as either bullish or bearish, inter-market analysis or a comprehensive macro perspective is crucial to formulate investment theses and asset allocation determinations for the long term. Keeping that in mind, we are very happy to present this next … [visit site to read more]


China Overtakes The US In Total Renewable Energy Investments

Posted: 09 Sep 2010 04:27 AM PDT

China for the first time has overtaken the United States as the most attractive country for renewable energy investment, according to a quarterly index ranking released yesterday (Wednesday) by accounting firm Ernst & Young.

As the world’s biggest energy consumer, China set a goal to generate 15% of its electricity from renewable sources by 2020 – up from 9% in 2008 – and has been encouraging investment in its clean energy companies to make its target.

“China has all the benefits … [visit site to read more]


Hot BRIC Economy No More? Brazil Is Now Clearly Running Into Trouble

Posted: 09 Sep 2010 04:22 AM PDT

Batten down the hatches. Brazil, the media-darling of the world financial press and the poster child for emerging-markets investing, is heading directly into the eye of the storm.

Until now, Brazil has provided investors with a thoroughly rewarding run. Investors who followed Money Morning’s October 2008 call to buy the iShares MSCI Brazil Index (EWZ) have notched a 160% return.

But with this BRIC country now clearly running into trouble, it’s time to trim any holdings you may … [visit site to read more]


The True Aim Of Obama’s New Stimulus: Politics Or Job Creation?

Posted: 09 Sep 2010 04:13 AM PDT

U.S. President Barack Obama yesterday (Wednesday) finished unveiling of a $350 billion stimulus package that the White House hopes will assuage the fears of troubled homeowners and create jobs. But with midterm elections looming and Congressional Democrats expected to sustain heavy losses, it’s unlikely the plan will even get passed – much less generate any meaningful economic growth.

Indeed, the true aim of Obama’s new stimulus is to put Republicans in a difficult position.

“The … [visit site to read more]


Janus Capital Files For Active ETFs

Posted: 09 Sep 2010 04:00 AM PDT

Janus Capital Management, the Denver-based investment manager, filed with the SEC on Sept 3rd, requesting for exemptive relief to launch actively-managed ETFs. The funds, if granted relief, will be allowed to invest in equities, fixed-income securities in both domestic and foreign markets. The ETFs will also be allowed to invest in other funds if Janus' "fund-of-funds" relief is approved. As with all Active ETFs in the US, the funds will provide complete transparency of their … [visit site to read more]


Raymond James Auction-Rate Losing Streak Continues

Posted: 09 Sep 2010 03:20 AM PDT

Oh to be a fly on the wall at Raymond James.
I can only imagine the wailing and gnashing of teeth by Raymond James managers as the firm loses another another auction-rate securities ruling. Do you think Ray Jay's managers are privately cursing out their own legal teams and the judges handing down some recent rulings against the firm? Major developments are breaking in the world of auction-rate securities and the actions center on Raymond James. Let's revisit a story I highlighted in late … [visit site to read more]


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