DailyMarkets.com - RadioShack Upgraded To Outperform

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• RadioShack Upgraded To Outperform
• Contract For General Dynamics
• Budget Deficit Falling, Not Rising
• Forex Trading: EURUSD Rally Running Out Of Steam As As London/Europe Head Home.
• Hasbro Surpasses On Cost Control
• Hasbro Surpasses On Cost Control
• Krispy Kreme Expands
• Citigroup Beats Zacks Estimates
• Neutral On EMC
• Tellabs Remains Neutral
• Infosys Beats Estimate
• Benihana Reports Higher Sales
• Hasbro Surpasses On Cost Control
• Hasbro Surpasses On Cost Control
• Hasbro Surpasses On Cost Control
• Hasbro Surpasses On Cost Control
• Navy Deal For General Dynamics
• Navy Deal For General Dynamics
• Ameriprise Upgraded To Outperform
• Target Says ‘Small Is Beautiful’
• Qiagen Inks Deal With Abbott
• Strong Cubicin Sales Drive Cubist
• H&R Block Adds 2SS Holdings
• Australian Dollar: Under Pressure
• Canadian Dollar: Under Pressure
• Does Friday’s Reversal Signal An End To The Cotton Bull Run?
• Forex Trading: USDCAD Tests 38.2% Fibonacci Support At 1.0132 Level
• Crude Trades Above $81
• Sentiment Update: Pullback From Extreme Levels
• Opening Bell Market Monitor: C, HAL, HAS, BP
• Hasbro Ses 3Q Net Income Rise 3%
• Forex Trading: USDJPY Keeps Bearish Bias Below Trendline Resistance

RadioShack Upgraded To Outperform Posted: 18 Oct 2010 10:05 AM PDT We upgrade our recommendation on RadioShack Corp. (NYSE:RSH) to Outperform based on our assessment that the company is likely to improve its earnings in the future reporting quarters as a result of a significant boom in the wireless industry. Currently it is a Zacks #1 Rank (Strong Buy) stock. RadioShack is one of the most experienced and trusted consumer electronics specialty retailers in the U.S. We remain optimistic regarding the company's large, profitable store base and its exposure to the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Contract For General Dynamics Posted: 18 Oct 2010 09:05 AM PDT General Dynamics Information Technology, a business unit of General Dynamics (NYSE:GD) won a contract worth $409 million. The contract entails General Dynamics to support the U.S. Army Medical Department’s healthcare construction projects, including modernization of current Army medical facilities and a shift to the newly constructed facilities.   General Dynamics will facilitate planning, outfitting and transitioning the staff and medical facilities associated with the U.S. Army Medical … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Budget Deficit Falling, Not Rising Posted: 18 Oct 2010 09:05 AM PDT The Budget Deficit is falling, not rising, although it remains at historically very high levels. In September, the Federal Government spilled $34.4 billion worth of red ink; that is $10.8 billion, or 23.9% less than it spilled in September 2009. The data, while extremely seasonal, is not seasonally adjusted, so looking at the month-to-month change is worse than irrelevant, it is highly misleading. However, what is worth looking at to get a longer-term perspective, is the fiscal year-to-date … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: EURUSD Rally Running Out Of Steam As As London/Europe Head Home. Posted: 18 Oct 2010 08:40 AM PDT The EURUSD broke above the 200 hour MA at the 1.3947 level but held below the 100 hour MA at the 1.3980 level. The high reached 1.3973.  With London/Europe heading home the pair seems as it it is running out of steam to the upside.  I would expect to see sellers on rallies with stops above the 1.3980 level. A move below the 200 hour MA at 1.3947 should see selling pressure with 1.3904-08 level as … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hasbro Surpasses On Cost Control Posted: 18 Oct 2010 08:35 AM PDT Hasbro Inc. (NYSE:HAS) reported its third quarter 2010 earnings of $1.09 per share, which was well ahead of the Zacks Consensus Estimate of $1.04. In the year-earlier quarter, Hasbro earned 99 cents per share. The better-than-expected results were driven by tight cost-control initiatives, which more than offset the muted growth in sales.??????Hasbro's net revenue of $1,313.3 million in the quarter was up 3% year over year and inched past the Zacks Consensus Estimate of $1279.0 million. Excluding … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hasbro Surpasses On Cost Control Posted: 18 Oct 2010 08:35 AM PDT Hasbro Inc. (NYSE:HAS) reported its third quarter 2010 earnings of $1.09 per share, which was well ahead of the Zacks Consensus Estimate of $1.04. In the year-earlier quarter, Hasbro earned 99 cents per share. The better-than-expected results were driven by tight cost-control initiatives, which more than offset the muted growth in sales.??????Hasbro's net revenue of $1,313.3 million in the quarter was up 3% year over year and inched past the Zacks Consensus Estimate of $1279.0 million. Excluding … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Krispy Kreme Expands Posted: 18 Oct 2010 08:35 AM PDT Krispy Kreme Doughnut Inc. (NYSE:KKD) enters in Thailand by opening its first franchise owned store and plans to open 20 more stores in the country by 2015.    The company's subsidiary Krispy Kreme Doughnut Corporation through its franchisee KDN Company Limited has opened the store. The franchisee is mostly owned and controlled by Ms. Ausanee Mahagitsiri, who with her family owns and operates one of Thailand's largest conglomerates PM Group.    The company, based in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Citigroup Beats Zacks Estimates Posted: 18 Oct 2010 08:35 AM PDT Citigroup Inc. (NYSE:C) reported third quarter 2010 earnings of 7 cents per share, ahead of the Zacks Consensus Estimate of 5 cents. Excluding the pre-tax loss of $800 million ($435 million after-tax) related to the sale of The Student Loan Corporation, net income came in at $2.6 billion or 8 cents per share. Though the results were below the prior quarter earnings of 9 cents, they compared favorably with the loss of 27 cents per share during the same quarter last year. Third quarter 2010 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Neutral On EMC Posted: 18 Oct 2010 08:35 AM PDT We believe EMC Corp. (NYSE:EMC), a leading provider of data storage systems, lacks positive growth catalysts to drive share price higher from current levels. We maintain our Neutral rating on EMC.   EMC was the overall storage software market leader with a 22.7% market share in calendar year 2009, for eight consecutive years, according to research firm IDC, followed by Symantec Corp. (NASDAQ:SYMC) (17.9% market share), International Business Machines Corp. (NYSE:IBM) (13.5%), NetApp Inc. (NASDAQ:NTAP) … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Tellabs Remains Neutral Posted: 18 Oct 2010 08:22 AM PDT We reiterate our long-term Neutral recommendation for Tellabs Inc. (NASDAQ:TLAB), which means the stock will perform mostly in line with the broader market. Tellabs' next-generation advanced IP-access products are receiving increasing market traction. Huge demand for high-speed mobile data and video services has resulted in rapid growth for mobile backhaul and optical transport products. This trend is likely to continue in the long-run as smartphones are becoming the next-generation … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Infosys Beats Estimate Posted: 18 Oct 2010 08:22 AM PDT Infosys Technologies Limited (NASDAQ:INFY) reported second quarter 2011 earnings per ADS from continuing operations of 65 cents, which surpassed the Zacks Consensus Estimate of 60 cents. Earnings increased by 14.0% sequentially and 16.1% year over year, led by growth in all areas and customer base. This was the first quarter in the last three years in which the company witnessed double-digit growth. Business Details Total revenue for the quarter was $1,496 million, representing year-over-year growth … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Benihana Reports Higher Sales Posted: 18 Oct 2010 08:22 AM PDT Benihana Inc. (NASDAQ:BNHN) the largest U.S. chain of Japanese restaurants, posted restaurant sales of $23.1 million for the four-week period ending October 10, 2010, up 4.6% from $22.0 million in the year-ago period.  Results reflect the benefits of the Benihana Teppanyaki Renewal Program, which the company initiated in 2009 to improve the dining experience of the guests at the Benihana Teppanyaki restaurants. The company's comparable restaurant sales grew 5.7% for the period, representing … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hasbro Surpasses On Cost Control Posted: 18 Oct 2010 08:22 AM PDT Hasbro Inc. (NYSE:HAS) reported its third quarter 2010 earnings of $1.09 per share, which was well ahead of the Zacks Consensus Estimate of $1.04. In the year-earlier quarter, Hasbro earned 99 cents per share. The better-than-expected results were driven by tight cost-control initiatives, which more than offset the muted growth in sales. Hasbro's net revenue of $1,313.3 million in the quarter was up 3% year over year and inched past the Zacks Consensus Estimate of $1279.0 million. Excluding the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hasbro Surpasses On Cost Control Posted: 18 Oct 2010 08:22 AM PDT Hasbro Inc. (NYSE:HAS) reported its third quarter 2010 earnings of $1.09 per share, which was well ahead of the Zacks Consensus Estimate of $1.04. In the year-earlier quarter, Hasbro earned 99 cents per share. The better-than-expected results were driven by tight cost-control initiatives, which more than offset the muted growth in sales.??????Hasbro's net revenue of $1,313.3 million in the quarter was up 3% year over year and inched past the Zacks Consensus Estimate of $1279.0 million. Excluding … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hasbro Surpasses On Cost Control Posted: 18 Oct 2010 08:22 AM PDT Hasbro Inc. (NYSE:HAS) reported its third quarter 2010 earnings of $1.09 per share, which was well ahead of the Zacks Consensus Estimate of $1.04. In the year-earlier quarter, Hasbro earned 99 cents per share. The better-than-expected results were driven by tight cost-control initiatives, which more than offset the muted growth in sales.??????Hasbro's net revenue of $1,313.3 million in the quarter was up 3% year over year and inched past the Zacks Consensus Estimate of $1279.0 million. Excluding … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hasbro Surpasses On Cost Control Posted: 18 Oct 2010 08:22 AM PDT Hasbro Inc. (NYSE:HAS) reported its third quarter 2010 earnings of $1.09 per share, which was well ahead of the Zacks Consensus Estimate of $1.04. In the year-earlier quarter, Hasbro earned 99 cents per share. The better-than-expected results were driven by tight cost-control initiatives, which more than offset the muted growth in sales.??????Hasbro's net revenue of $1,313.3 million in the quarter was up 3% year over year and inched past the Zacks Consensus Estimate of $1279.0 million. Excluding … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Navy Deal For General Dynamics Posted: 18 Oct 2010 08:22 AM PDT Aerospace and defense operator General Dynamics (NYSE:GD) announced that its unit Electric Boat received a contract worth $400.6 million from the U.S. Navy to provide yard work, engineering and technical support for nuclear submarines. As per the contract, General Dynamics' unit will provide various services to the U.S. submarines and submersibles. The services will not only include design, engineering, material and logistic support for the submarines and submersibles but also involve technical … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Navy Deal For General Dynamics Posted: 18 Oct 2010 08:22 AM PDT Aerospace and defense operator General Dynamics (NYSE:GD) announced that its unit Electric Boat received a contract worth $400.6 million from the U.S. Navy to provide yard work, engineering and technical support for nuclear submarines. As per the contract, General Dynamics' unit will provide various services to the U.S. submarines and submersibles. The services will not only include design, engineering, material and logistic support for the submarines and submersibles but also involve technical … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Ameriprise Upgraded To Outperform Posted: 18 Oct 2010 08:22 AM PDT We have upgraded our long-term recommendation on Ameriprise Financial Inc. (NYSE:AMP) to "Outperform" from "Neutral", based on its healthy balance sheet and the recent upgrades by rating agencies.   Ameriprise's second quarter 2010 operating earnings of $1.10 per share were significantly ahead of the Zacks Consensus Estimate of 77 cents. The results also surpassed the prior quarter's 81 cents and the prior-year quarter's 47 cents.   Ameriprise's results for the second … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Target Says ‘Small Is Beautiful’ Posted: 18 Oct 2010 08:22 AM PDT Target Corporation (NYSE:TGT), in order to tap the urban markets where real estate remains a constraint, plans to introduce smaller-format stores similar to that of its biggest rival Wal-Mart Stores Inc. (NYSE:WMT). The company informed that the new stores will vary in size from 60,000 to 100,000 square feet compared to its typical format of 125,000 to 180,000 square feet.   The operator of general merchandise and food discount stores in the United States, Target, used to concentrate on the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Qiagen Inks Deal With Abbott Posted: 18 Oct 2010 08:22 AM PDT Under an agreement with Abbott (NYSE:ABT), Qiagen (NASDAQ:QGEN) will receive test kits for a molecular test of HIV in the US and Canada. The test, to be commercialized under Qiagen's brand, is expected to be available by 2012. In addition, Qiagen will receive a quantitative HCV test which will be used on its QIAsymphony RGQ instrument. However, the test, to be marketed under Abbott's brand, is yet to receive regulatory approval. Earlier, in September, Qiagen had launched the QIAsymphony RGQ … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Strong Cubicin Sales Drive Cubist Posted: 18 Oct 2010 08:22 AM PDT Cubist Pharmaceuticals Inc's (NASDAQ:CBST) third quarter 2010 earnings (excluding special items but including stock-based compensation expense) of 39 cents per share surpassed the year-ago earnings by 21.9%. On a reported basis (including special items) the company earned 50 cents per share as against 42 cents in the year-ago quarter. The Zacks Consensus Estimate for the reported quarter was 41 cents per share. Results in the quarter were helped by strong US sales of its antibiotic injection, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

H&R Block Adds 2SS Holdings Posted: 18 Oct 2010 08:21 AM PDT Tax services provider H&R Block Inc. (NYSE:HRB) inked a deal to acquire 2SS Holdings Inc, developer of TaxACT digital tax preparation solutions, in a $287.5 million all cash transaction. The transaction is expected to close by the end of 2010.   H&R Block intends to deploy excess available liquidity from cash-on-hand or short-term borrowings to fund the acquisition. The company plans to form a single unit by combining its H&R Block At Home digital business and the acquired TaxACT … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Australian Dollar: Under Pressure Posted: 18 Oct 2010 08:19 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Canadian Dollar: Under Pressure Posted: 18 Oct 2010 08:19 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Does Friday’s Reversal Signal An End To The Cotton Bull Run? Posted: 18 Oct 2010 08:18 AM PDT Fundamentals Cotton traders had to be feeling a bit of whiplash after Friday's trade saw prices move to historic highs on the opening, only to end the session down the extended 500-point limit, as speculators stampeded to the exits as the U.S. Dollar rallied, causing a sell-off across the commodities sector. Fundamentally, the outlook for stronger Cotton prices remains in force, as crops in both China and Pakistan have been hard hit by excessive rains that have wiped out a significant portion … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: USDCAD Tests 38.2% Fibonacci Support At 1.0132 Level Posted: 18 Oct 2010 08:15 AM PDT … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Trades Above $81 Posted: 18 Oct 2010 07:56 AM PDT 10/18/10 Front month crude prices started off the new week trading just a bit above $81 a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Sentiment Update: Pullback From Extreme Levels Posted: 18 Oct 2010 07:52 AM PDT By Seeking Delta of http://seekingdelta.wordpress.com The NAAIM (active money managers) and AAII (individual investors) sentiment surveys were released Wednesday and Thursday respectively. Bullish sentiment in both surveys declined from last week. Click to View This week, active managers have, on average, a 67% allocation to equities. This is down from 76% last week. Bullish sentiment is no longer at "extreme" levels; however it does remain well above average. The median allocation … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Opening Bell Market Monitor: C, HAL, HAS, BP Posted: 18 Oct 2010 02:37 AM PDT 10/18/10 The latest in news, commentary, and information on what’s moving the US equities … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hasbro Ses 3Q Net Income Rise 3% Posted: 18 Oct 2010 02:29 AM PDT 10/16/10 Toy maker Hasbro incorporated announced Monday that its 3Q net income rose … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: USDJPY Keeps Bearish Bias Below Trendline Resistance Posted: 18 Oct 2010 07:23 AM PDT … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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