DailyMarkets.com - The Economics Of Seinfeld

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• The Economics Of Seinfeld
• CCE To Boost Shareholder Value
• Western Digital Beats Estimates
• Debt Offer From Post Properties
• Palm Officially Introduces The Palm Pre 2
• Yahoo Disappoints, Western Digital Surprises
• Who Is Warren Buffett?
• Autoliv Buys China Seat Belt Maker
• CFN’s Recall Of Alaris Declared Class I
• SUPERVALU’s Profit Shrinks
• SUPERVALU’s Profit Shrinks
• The Day Ahead: Fed’s Beige Book
• NCR Corp. & Metro Bank Join Hands
• Yahoo 3Q Beats On Top Line
• Seven ETFs To Play Silver
• WCRX Gains US Rights To Enablex
• Earnings Preview For Amphenol
• St. Jude Grabs AGA For $1.3B
• Closing Bell Market Monitor: IBM, BAC, KO
• Televisa Foregoes Wireless Dream
• Highwoods To Develop For U.S. GSA
• MoneyGram Allies With Ceridion SVS
• Earnings Preview: Quest Diagnostics
• Mixed Bag For Astec
• Earnings Preview: Stanley Black & Decker
• Lockheed Reeling From Retrenchment
• New Deals For Computer Sciences
• “It’s All About The Dollar”
• The Antidote To Obamacare? Dr. Wal-Mart, Retail Clinics And Strip Mall Medicine Are Booming In U.S.
• Dollar Rebounds On Chinese Rate Hike
• Tax Revenues Now Growing In Most States
• ASA Staffing Index Holds Steady At 100 For 3rd Wk.
• “Why Isn’t This Liquidity Being Utilized To Hire New Workers And Reduce Unemployment?”
• Forex Trading: EURUSD Falls Further On Fisher Comments.

The Economics Of Seinfeld Posted: 19 Oct 2010 05:04 PM PDT The website “The Economics of Seinfeld” (notice the URL is yadayadayadaecon.com) is operated by three economics professors (two at Eastern Illinois University and one at Baker University), and they explain it here: “Seinfeld ran for nine seasons on NBC and became famous as a "show about nothing." Basically, the show allows viewers to follow the antics of Jerry, George, Elaine, and Kramer as they move through their daily lives, often encountering interesting people or dealing with special … [visit site to read more] or compare Best Credit Cards and Best CD Rates

CCE To Boost Shareholder Value Posted: 19 Oct 2010 03:35 PM PDT Coca-Cola Enterprises Inc. (NYSE:CCE), in an endeavor to augment shareholders’  worth and inspire confidence in the company’s value and prospects, announced a share buyback of approximately $1 billion of its common stock within the next 18 months. At a price of $23.89 each, the current authorization represents approximately 41.86 million shares. At the close of the transaction of the sell-out of its North American operation, Coca-Cola Enterprises had approximately 347 million fully diluted … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Western Digital Beats Estimates Posted: 19 Oct 2010 03:35 PM PDT Western Digital Corp. (NYSE:WDC) reported fiscal first quarter 2011 earnings of 84 cents per share beating Zacks Consensus Estimates of 81 cents per share. Earnings decreased 32.8% year-over-year and 32.3% sequentially, though revenue and hard-drive unit shipments increased from prior year quarter. The company’s low-cost business model helped it weather the intense competition in the hard disk manufacturing space and within its distribution channel.These pressures were more than evident in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Debt Offer From Post Properties Posted: 19 Oct 2010 03:35 PM PDT Post Properties Inc. (PPS), a leading operator and developer of multifamily properties across the U.S., has recently announced an offer to sell 4.75% senior unsecured notes worth $150 million. Wells Fargo Securities LLC, part of Wells Fargo & Company (WFC); Deutsche Bank (DB); and J.P. Morgan Securities LLC, the investment banking division of JPMorgan Chase & Co. (JPM), were the joint book-running managers for the offering. The 7-year unsecured notes are scheduled to mature in October … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Palm Officially Introduces The Palm Pre 2 Posted: 19 Oct 2010 03:30 PM PDT 10/19/10 Palm Incorporated announced on Tuesday that the Palm Pre 2 will officially be introduced this week in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Yahoo Disappoints, Western Digital Surprises Posted: 19 Oct 2010 10:19 AM PDT 10/19/10 Following the closing bell, earnings reports were mixed from Yahoo Incorporated, while Western Digital improved its … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Who Is Warren Buffett? Posted: 19 Oct 2010 03:11 PM PDT Warren Buffett The title is very provocative. Warren Buffett is known as one of the greatest investors of today and maybe the best ever. Buffett is also a very famous personality. Seth Klarman and Joel Greenblatt are both phenomenal investors who are largely unknown outside the investment world . However, Warren Buffett is a name that the average American knows, and Buffett is admired by many both inside and outside the investment world. I have been piecing these thoughts together for a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Autoliv Buys China Seat Belt Maker Posted: 19 Oct 2010 03:05 PM PDT Autoliv Inc. (ALV) has revealed that it has acquired a majority stake (51%) of Delphi in a Chinese seatbelt maker, Beijing Delphi Automotive Safety Products (BDS). BDS was a joint venture between Delphi and Beijing Hainachuan Automotive Parts Company (BHAP), initiated in 2008. The joint venture has customers including Dongfeng Yueda Kia Motor Co. and Beijing Hyundai Motor Co. It is expected to generate approximately $30 million of annualized revenues in 2010. Autoliv has a stable market share … [visit site to read more] or compare Best Credit Cards and Best CD Rates

CFN’s Recall Of Alaris Declared Class I Posted: 19 Oct 2010 03:05 PM PDT CareFusion (CFN), a medical device company with worldwide operations, recently announced an update on its previously declared recall of about 17,000 Alaris PC infusion pump units (model 8015) produced or serviced during December 2008 to September 2009. The Food and Drug Administration (FDA) has deemed this move as a Class I recall. A Class I recall arises when there is high chance of negative health consequences or even death from the use of, or exposure to, a harmful product. CareFusion sent … [visit site to read more] or compare Best Credit Cards and Best CD Rates

SUPERVALU’s Profit Shrinks Posted: 19 Oct 2010 03:05 PM PDT Supervalu Inc. (NYSE:SVU), one of the largest grocery chains in the United States, delivered diminutive earnings for the second quarter of fiscal 2011. Quarterly earnings of 28 cents a share plunged 20% compared with $0.35 posted in the year-ago period. Earnings also missed the Zacks Consensus Estimate by a penny. Supervalu lowered its full-year 2011 earnings guidance. The company now expects fiscal 2011 adjusted earnings to be in the range of $1.40 to $1.60 per share, which is below the Zacks … [visit site to read more] or compare Best Credit Cards and Best CD Rates

SUPERVALU’s Profit Shrinks Posted: 19 Oct 2010 03:05 PM PDT Supervalu Inc. (NYSE:SVU), one of the largest grocery chains in the United States, delivered diminutive earnings for the second quarter of fiscal 2011. Quarterly earnings of 28 cents a share plunged 20% compared with $0.35 posted in the year-ago period. Earnings also missed the Zacks Consensus Estimate by a penny. Supervalu lowered its full-year 2011 earnings guidance. The company now expects fiscal 2011 adjusted earnings to be in the range of $1.40 to $1.60 per share, which is below the Zacks … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Day Ahead: Fed’s Beige Book Posted: 19 Oct 2010 02:58 PM PDT 10/20/10 The stories, data and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Best CD Rates

NCR Corp. & Metro Bank Join Hands Posted: 19 Oct 2010 02:35 PM PDT Technology and solutions provider NCR Corp. (NYSE:NCR) announced that it has offered its teller cash recycling technology to U.K.'s Metro Bank plc. Financial details of the deal were not disclosed. NCR Corp.'s cash recycling technology is expected to help the banking staff to focus on customer service by taking care of routine cash management chores. More specifically, NCR Corp.'s Cash Recycler, running on APTRA Software, automates the acceptance, authentication and validation of bank notes … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Yahoo 3Q Beats On Top Line Posted: 19 Oct 2010 02:35 PM PDT Yahoo! Inc. (NASDAQ:YHOO) reported 3rd quarter earnings after the bell Tuesday with mixed results. On the top line, revenues were much better than expected at $1.6 billion — the most recent Zacks Consensus Estimate was for $1.13 billion in quarterly revenues. Net EPS was reported at 29 cents per share. However, accounting for two considerable one-time gains — 14 cents per share in Yahoo’s sale of HotJobs to Monster Worldwide (MWW) and 4 cents per share from selling off a small percentage of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Seven ETFs To Play Silver Posted: 19 Oct 2010 02:17 PM PDT Over the past few months, precious metals have taken the cake and attracted an influx of assets, pushing the price of silver and its exchange traded funds [[ETFs]] up.  As for the future of the metal, it appears to remain bright and investors have a slew of choices to gain both direct and indirect exposure. This recent rally in silver has been driven primarily by macroeconomic forces.  Increases in money supply and a record budget deficit have many concerned about the overall strength … [visit site to read more] or compare Best Credit Cards and Best CD Rates

WCRX Gains US Rights To Enablex Posted: 19 Oct 2010 02:05 PM PDT Warner Chilcott plc (NASDAQ:WCRX) recently announced that it has acquired the US rights to the overactive bladder treatment, Enablex from Novartis AG (NYSE:NVS) for $400 million. This acquisition resulted in the termination of the co-promotion agreement between Warner Chilcott and Novartis for Enablex. Warner Chilcott made a $400 million upfront payment to Novartis from the proceeds of its recently announced private placement of $500 million worth of 7¾% senior notes due in 2018. Along with the $400 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Preview For Amphenol Posted: 19 Oct 2010 02:05 PM PDT Amphenol Corporation (NYSE:APH) is expected to report results for the third quarter of 2010 on October 20, 2010. Based in Connecticut, Amphenol designs, manufactures and markets electronic and fiber optic connectors, cable and interconnect systems. Amphenol expects sales between $880 million and $895 million in the third quarter. EPS is projected to be between $0.67 and $0.69. Estimates for 2010 have been more or less static in the last thirty days with modest upward revisions. The current Zacks … [visit site to read more] or compare Best Credit Cards and Best CD Rates

St. Jude Grabs AGA For $1.3B Posted: 19 Oct 2010 02:05 PM PDT In a bid to boost its cardiovascular business, medical devices major St. Jude Medical (NYSE:STJ) has struck a definitive agreement to acquire Plymouth, Minnesota-based heart devices maker AGA Medical Holdings (AGAM) for $1.3 billion. The transaction has been cleared by the Boards of both companies.  Shares of AGA Medical, which went public in October 2009, jumped $5.98 (or 40.6%) to $20.69 in pre-market trading on October 18 while St. Jude's shares rose 16 cents (0.4%) to $40.06. The … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Closing Bell Market Monitor: IBM, BAC, KO Posted: 19 Oct 2010 01:52 PM PDT 10/19/10 The latest in news, commentary, and information on what’s moving the US equities markets. Watch this broadcast LIVE at 4:00 pm EST daily @ … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Televisa Foregoes Wireless Dream Posted: 19 Oct 2010 01:35 PM PDT Grupo Televisa S.A. (NYSE:TV), the largest cable MSO (multi-service operator) and Media company in the Spanish-speaking world, has put aside its wireless initiatives, at least for the time being. The company, together with its partner NII Holdings Inc. (NASDAQ:NIHD), yesterday announced the mutual decision to break their partnership in Mexico. The reason for this break-up is a series of legal battles with competitors. Even after the government's decision to award the radio spectrum, the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Highwoods To Develop For U.S. GSA Posted: 19 Oct 2010 01:06 PM PDT Highwoods Properties, Inc. (HIW), a leading real estate investment trust (REIT), has recently signed a long-term lease agreement with the U.S. General Services Administration (GSA) for 60,005 square feet of space at Highwoods Center II building in Atlanta. The leased property would operate as a local office for the U.S. Customs and Border Protection Agency, serving the Hartsfield-Jackson Atlanta International Airport. In accordance with the various security and operational features required by … [visit site to read more] or compare Best Credit Cards and Best CD Rates

MoneyGram Allies With Ceridion SVS Posted: 19 Oct 2010 01:06 PM PDT On Monday, MoneyGram International Inc. (NYSE:MGI) publicized its global alliance with Ceridian Stored Value Solutions (Ceridian SVS), a premier provider of global prepaid services, whereby the latter will offer in-lane prepaid money transfer processing services to the company. Through this global relationship, MoneyGram and Ceridian SVS will build the first vast network money transfer product by stretching out to as many as 40 countries internationally in Asia, Russia, the UK, the US and the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Preview: Quest Diagnostics Posted: 19 Oct 2010 01:06 PM PDT Quest Diagnostics (NYSE:DGX) is scheduled to release its third quarter fiscal 2010 earnings on October 20, 2010 before the market opens. The company is expected to earn $1.00 during the quarter on $1.87 billion in revenues, according to the Zacks Consensus Estimate. Previous Quarter Highlights Quest Diagnostics reported EPS of $1.07 during the second quarter of fiscal 2010, beating the Zacks Consensus Estimate by a penny. The company had reported an EPS of $1.00 in the year-ago period. Results for … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Mixed Bag For Astec Posted: 19 Oct 2010 12:35 PM PDT Astec Industries Inc. (NASDAQ:ASTE) delivered EPS of 32 cents in its third quarter ended September 30, 2010, more than double of 15 cents in the year-ago period. The company surpassed the Zacks Consensus Estimate of 25 cents. The outperformance was driven by increase in international and parts revenues as well as improved net income as a result of the company's downsizing activities in 2009 and better utilization of capacity. Revenues in the quarter were $177.8 million, a 7% jump from $166 million … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Preview: Stanley Black & Decker Posted: 19 Oct 2010 12:35 PM PDT Stanley Black & Decker (NYSE:SWK) is slated to release its third quarter 2010 results on Wednesday, October 20. The current Zacks Consensus Estimate for the third quarter earnings per share (EPS) is 89 cents, representing an annualized growth of 14.94%.    With respect to earnings surprises, Stanley Black & Decker outperformed the Zacks Consensus Estimate in the trailing four quarters. The average earnings surprise was a positive 31.28%, implying that the company has outdone the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Lockheed Reeling From Retrenchment Posted: 19 Oct 2010 12:35 PM PDT Lockheed Martin Corporation's (NYSE:LMT) third quarter 2010 earnings came in at $1.57, a penny shorter than the Zacks Consensus Estimate of $1.58 and way below the year-ago quarterly earnings of $2.07. However, reported quarter's results were affected by a one-time charge of $178 million related to the VESP (Voluntary Executive Separation Program). Through VESP the company retrenched approximately 600 executives, or about 25% of its total executive population. Although effects of the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

New Deals For Computer Sciences Posted: 19 Oct 2010 12:35 PM PDT Computer Sciences Corporation (NYSE:CSC) has seen another spate of government contract wins. First among these was a contract awarded by the State of California, wherein Computer Sciences will assist the State Department in migrating several e-mail applications in the cloud-based platform with the help of the Microsoft Business Productivity Online Suite. The deal, the pecuniary details of which were not divulged by the company, is expected to improve information technology infrastructure and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

“It’s All About The Dollar” Posted: 19 Oct 2010 07:27 AM PDT 10/19/10 Sunrise Securities’ Ben Willis discusses the USD advance, on the heels of the PBOC rate … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Antidote To Obamacare? Dr. Wal-Mart, Retail Clinics And Strip Mall Medicine Are Booming In U.S. Posted: 19 Oct 2010 12:26 PM PDT Following this morning’s report on the second CVS retail clinic in the nation’s capital, here are two more new reports on market-based alternatives to government-run health care: 1. “Shopping List: Milk. Bread. Paper towels. Motor oil. Blender. Physical.  Now along with the typical shopping list, people have access to health care inside the North Topeka Walmart. Walmart and Stormont-Vail HealthCare on Monday announced the opening of The Clinic, located inside the lobby of the North … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Dollar Rebounds On Chinese Rate Hike Posted: 19 Oct 2010 12:20 PM PDT 10/19/10 An unexpected rate hike in China led the way for a surge in risk aversion this session. A surge that favored the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Tax Revenues Now Growing In Most States Posted: 19 Oct 2010 11:59 AM PDT Albany, N.Y. — “The second quarter of 2010 represented the second period in a row that states reported overall gains in tax collections — following five straight quarters of decline — according to a new study by the Rockefeller Institute of Government (see chart above).  Overall state tax revenues grew by 2.3 percent in the second quarter of 2010, according to the Institute's latest State Revenue Report. Thirty-four states reported gains in revenue during the second quarter, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

ASA Staffing Index Holds Steady At 100 For 3rd Wk. Posted: 19 Oct 2010 11:38 AM PDT From today’s American Staffing Index’s weekly report: “During the week of Oct. 4–10, 2010, temporary and contract employment dipped slightly (-0.21%), maintaining the ASA Staffing Index at a value of 100.  At a current index value of 100, U.S. staffing employment is 45% higher than the level reported for the first week of the current year and is 23% higher than the same weekly period in 2009. From the Monthly Report: “Staffing employment in September is 25% higher than in the same … [visit site to read more] or compare Best Credit Cards and Best CD Rates

“Why Isn’t This Liquidity Being Utilized To Hire New Workers And Reduce Unemployment?” Posted: 19 Oct 2010 11:37 AM PDT Sense on cents implies that capital and liquidity will flow to areas in which it is protected and can generate a reasonable rate of return. Thus the question facing our nation is why all the liquidity injected into our system has not gained traction and promoted job growth and increased economic activity. Although I have written voluminously on this issue over the last two years, let's allow Richard Fisher, the head of the Dallas Federal Reserve, to weigh in with his version of sense on … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: EURUSD Falls Further On Fisher Comments. Posted: 19 Oct 2010 11:30 AM PDT … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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