Monday, September 27, 2010

DailyMarkets.com - Investing In Canadian Natural Resources And Bank Of Nova Scotia With Tony Demarin Of BCV Asset Management

DailyMarkets.com - Investing In Canadian Natural Resources And Bank Of Nova Scotia With Tony Demarin Of BCV Asset Management


Investing In Canadian Natural Resources And Bank Of Nova Scotia With Tony Demarin Of BCV Asset Management

Posted: 27 Sep 2010 02:30 AM PDT

Anthony M. Demarin, MBA, CFA, CIM, FCSI is President and Chief Investment Officer of BCV Asset Mgmt.

Is the Buy and Hold investing philosophy dead? Not according to the portfolio manager we spoke to for this next interview. Our interviewee invests exclusively in large, blue-chip, conservative, dividend-paying companies that are priced at reasonable values with high income potential. In the interview, you'll hear about one stock that the interviewee has held for 20 years that pays a dividend … [visit site to read more]


Forex Trading: Eur/Usd Under Pressure As Moody’s Downgrades AIB’s Debt

Posted: 27 Sep 2010 02:04 AM PDT

Eur/Usd is making fresh lows brought upon by Moody's downgrade of Anglo Irish Bank's unguaranteed debt, from A3 to BAA3. The pair has traded down to … [visit site to read more]


12 Reasons Why The Food Safety Bill From Hell Could Be Very Dangerous For The U.S. Economy

Posted: 27 Sep 2010 01:32 AM PDT

As you read this, there is a bill before the U.S. Senate that has the potential to change the U.S. food industry more than any other law ever passed by the U.S. Congress. In the name of “food safety”, the U.S. government would be given an iron grip over the production, transportation and sale of all food in the United States. Hordes of small food producers and organic farmers could potentially be put out of business.  If this bill becomes law, the freedom to grow what you want, eat … [visit site to read more]


Forex Trading: Eurozone Annual M3 Money Supply Growth 1.1%

Posted: 27 Sep 2010 01:03 AM PDT

Eurozone M3 Money Supply y/y came in at 1.1%, stronger than the 0.4% expected and prior reading of 0.2%.
Eur/Usd currently trades at 1.3460, unaffected by … [visit site to read more]


How Big Is The Pension Time Bomb?

Posted: 27 Sep 2010 12:14 AM PDT

Most of my more astute readers already understand that defined benefit pension funds is a time bomb waiting to explode. Now a new study that suggests that we don’t even known how big the problem is.

To set the stage, the Wall Street Journal recently reported that public plans haven’t changed their return expectations since 2001 and still have return expectations of 8%:
The median expected investment return for more than 100 U.S. public pension plans surveyed by the National Association of … [visit site to read more]


Forex Trading: Will The Bank Of Japan Take Further Action To Halt Yen’s Bullishness?

Posted: 26 Sep 2010 11:57 PM PDT

Will The Bank of Japan Take Further Action to Halt Yen’s Bullishness?
As speculations that last week’s spike in yen value was the result of another intervention from the Bank of Japan remain unconfirmed, Governor Shirakawa says that the BoJ is prepared to take appropriate action if needed. Despite Japanese efforts, the yen continues to strengthen. Is another intervention simply a matter of time?
Economic News
USD – Positive U.S. Data Boosts Risk Appetite and Weakens the Dollar
The U.S. dollar … [visit site to read more]


Crude Oil Supported By Economic Optimism, Gold Bumps Up Against $1300

Posted: 26 Sep 2010 11:51 PM PDT

Commodities – Energy
Crude Oil Supported by Economic Optimism
Crude Oil (WTI) – $76.49 // $0.00 // 0.00%
Commentary: Crude oil is starting the new week on a flat note, as the commodity digests solid gains from last week. The period's 3.8% gain, capped by a three-day win streak between Wednesday and Friday, was noteworthy considering the stark underperformance by oil in the weeks prior. The obvious question is whether crude oil is now in the midst of a more significant uptrend or whether the … [visit site to read more]


Bear Of The Day: Universal Forest Products (UFPI)

Posted: 26 Sep 2010 11:05 PM PDT

Universal Forest Products Inc. (NASDAQ:UFPI) reported disappointing results in second quarter 2010 with EPS falling 19 cents short of Zacks Consensus. Healthy top-line growth was offset by higher cost of sales due to volatile lumber prices in the quarter.
Also, Universal’s huge dependence on general market conditions and growth in end markets increase top-line risks in the event of any adverse conditions. Further, significant volatility in the cost of commodity lumber products from primary producers … [visit site to read more]


Growth & Income Stock: PetSmart Inc.

Posted: 26 Sep 2010 11:05 PM PDT

PetSmart Inc. (NASDAQ:PETM) has weathered the retail storm quite well. The company – a retailer specializing in all things pets – recently beat the Zacks Consensus Estimate by 14%, prompting analysts to raise estimates going forward. It was PetSmart’s 10th consecutive earnings surprise.
People Still Spending on Their Pets
On August 18, PetSmart reported a 32% increase in earnings per share from the second quarter of 2009 to $0.41. Same-store sales improved 4.6% from the same period. Apparently … [visit site to read more]


Bull Of The Day: Avnet, Inc. (AVT)

Posted: 26 Sep 2010 11:05 PM PDT

Avnet (NYSE:AVT) revived its business quite well in fiscal 2010 after a disastrous 2009, driven by strong global demand. Business began to recover in the first quarter of fiscal 2010 as end demand improved and participants began to realize inventory in the technology supply chain at unsustainably low levels.
This propelled growth for the rest of fiscal 2010. Revenue is back to pre-recession levels and Asia continues to contribute the larger portion of the total. Asia was less impacted by the … [visit site to read more]


Momentum Stock: VeriFone Systems, Inc.

Posted: 26 Sep 2010 11:05 PM PDT

VeriFone Systems, Inc. (NYSE:PAY) recently hit a new multi-year high at $29.54 after reporting an solid Q3 earnings surprise of 8% in late August.
Third-Quarter Results
Revenue for the period was up 24% from last year to a record $262 million. Earnings also came in strong at 28 cents per share, 8% ahead of the Zacks Consensus, moving the company’s average earnings surprise to 11%.
The company’s strong performance was driven by an impressive mix of domestic and international business, with Latin … [visit site to read more]


Aggressive Growth Stock: HSN, Inc.

Posted: 26 Sep 2010 11:05 PM PDT

HSN, Inc. (NASDAQ:HSNI) analysts continue to raise their outlook, creating excellent growth rates and valuations.
Company Description
HSN, Inc. is a retailer that operates several television stations to sell directly to customers. Products can also be purchased online, through catalogs or at brick and mortar locations.
Outstanding Growth Rates
Estimates continue to inch higher. The Zacks Consensus Estimate for this year is up a dime in the past couple months, to $1.82. Next year’s forecasts are up 7 … [visit site to read more]


Those Who Are Willing To Pay Higher Taxes Now Could’ve Rejected The Bush Tax Cuts In 2001

Posted: 26 Sep 2010 07:22 PM PDT

Linda McGibney responds to Ben Stein:

“I am an American. I am in the highest tax bracket. I also work in entertainment – which is what Mr. Stein does as well. I am fine with the tax increase. I think it patriotic that I am taxed in this way. I want to help my country.

I believe the fact that I can have a job this year, and hopefully every year to come, is a privilege. Mr. Stein, there are Americans who qualify for this tax increase under the proposed plan who don’t feel “punished” by it. We … [visit site to read more]


Singapore Stock Market Update For Monday 27 September

Posted: 26 Sep 2010 07:01 PM PDT

Market gapepd up after strong performance from overnight Friday DJ. The US stocks market is likely to notch its best September in more than half a century in the days ahead. So, let’s keep our fingers crossed.

News update :

1) Gold for December delivery hits record intraday high of $1,300 an ounce.
2) US new-home sales flat in August, matching the second-lowest level in record.
3) Dow surges 198 points in best day since Sept 1; stocks post fourth straight week of gains.
4) US seizes 3 … [visit site to read more]


Markets In Everything: Name Your Price For Medical And Dental Procedures At PriceDoc

Posted: 26 Sep 2010 06:26 PM PDT

You’ve all heard of Priceline.com, where you can name your own price for airline tickets, hotel rooms, rental cars, and cruises. 

Now there’s PriceDoc, an “online marketplace connecting healthcare providers with consumers looking for medical and dental procedures. PriceDoc enables consumers to compare and negotiate pricing on medical procedures in a given location in the U.S. while providers receive the benefit of generating patients who are willing to pay directly, out of pocket to the … [visit site to read more]


No comments:

Post a Comment