DailyMarkets.com - The Same Effect?

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• The Same Effect?
• Global Economic Recovery Watch
• Both Gold And Crude Find Stability Within Larger Ranges Ahead Of FOMC
• 13 Hidden Advantages Of Managing Your Money Yourself
• DTE Energy In-line, Narrows Outlook
• DPL Matches, Reaffirms Outlook
• Regis Mixed 1Q11 Results
• DPL Matches, Reaffirms Outlook
• Rockwell Collins Reports In Line
• NiSource’s Mixed Qtr, Ups Guidance
• Eastman Beats Consensus Handily
• NextEra Energy Beats Estimates
• Interpublic Group Amazes In 3Q
• Itron’s Record Quarter
• Maxwell Tech Reports In Line
• ITT Beats EPS Estimate, Ups Outlook
• Analyst Interviews: Steel Industry Outlook
• Solid Quarter From Arrow
• Edison International Profits Climb
• Beckman Beats, Reaffirms Guidance
• Earnings Preview: A VERY Busy Week Ahead
• Solid 3Q For Cliffs
• Genworth Suffers 3Q Mortgage Loss
• Varian Beats EPS, Misses On Sales
• Closing Bell Market Monitor: CVX, MRK, PFE, EL
• Forex – EUR/USD Up At The End Of U.S. Session
• Why Aren’t Business Leaders Standing Up To The Tea Party?
• HGSI Loss Narrower Than Expected
• Pepco Triumphs, Revenue Dips
• Forex – GBP/USD Up Toward The End Of U.S. Session
• CONSOL Falls Short Of Estimates
• U.S. Markets Mixed At Close; Dow Jones Up 0.04%
• Progress Energy Short Of Estimates
• ICICI Bank’s Profit Escalates
• Rubbermaid Tops, Reaffirms Outlook
• Improvements At Grupo TMM
• Weyerhaeuser Outperforms Estimate
• Lincoln Electric Beats By A Penny
• Navigant Misses Zacks Estimate
• Estee Lauder Outpaces Estimates
• Forex – USD/JPY Down On Economic Data
• Risk Appetite Remains Strong On Data
• MetLife Posts Mixed Results
• “We’re In A Mood Where No Bad News, Is Good News”
• Forex – GBP/USD Up On U.S. Data

The Same Effect? Posted: 29 Oct 2010 06:07 PM PDT In my last two books, I argued that increasing unemployment would invariably be accompanied by rising xenophobia. However, based on the following Christian Science Monitor report, “Immigrants Gaining Jobs, Native-Born Americans Aren’t,” even a little bit of employment — if it happens to involve immigrants — could end up having the same effect. Since the recession’s end in June 2009, legal and illegal immigrants posted a net gain of 656,000 jobs, while native-born Americans lost 1.2 million, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Global Economic Recovery Watch Posted: 29 Oct 2010 05:46 PM PDT 1. The Conference Board Leading Economic Index for Australia increased 0.2% and the Conference Board Coincident Economic Index increased 0.3% in August. 2. The Conference Board Leading Economic Index for Mexico increased 0.8% and the Conference Board Coincident Economic Index increased 0.5% in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Both Gold And Crude Find Stability Within Larger Ranges Ahead Of FOMC Posted: 29 Oct 2010 05:16 PM PDT North American Commodity Update Commodities – Energy Skepticism in US GDP, Promise of Fed Stimulus Keeps Oil Bound to its Month-Long Trend Crude Oil (LS Nymex) – $81.43 // -$0.75 // -0.91% The lack of progress made by crude this past week speaks clearly of the speculative market's bearings heading into what is one of the most fundamentally important weeks we have seen in months. Friday's session was prone to another dramatic bout of volatility; but the early morning selling would see yet … [visit site to read more] or compare Best Credit Cards and Best CD Rates

13 Hidden Advantages Of Managing Your Money Yourself Posted: 29 Oct 2010 05:01 PM PDT Most investors do not realise, but as a private investor managing your own money, you have got an immense advantage over fund managers and professional portfolio managers due to factors you may not even be aware of. Sure it will take up some of your free time but it will probably be one of the most awarding activities you can spend your time on. You have worked hard for the money you have saved and it would only be prudent to invest in the best way possible. Also with public pension … [visit site to read more] or compare Best Credit Cards and Best CD Rates

DTE Energy In-line, Narrows Outlook Posted: 29 Oct 2010 04:10 PM PDT DTE Energy (NYSE:DTE) reported third quarter 2010 earnings of 96 cents per share, in line with the Zacks Consensus estimate. Results were ahead of 92 cents reported in the prior-year quarter. Net income in the quarter was $163 million, up 8% from $151 million reported in the third quarter of 2009. Revenue of DTE Energy in the quarter under review was $2.14 billion, an increase of 10% from $1.95 billion in the third quarter of 2009. Revenue, however, fell short of the Zacks Consensus estimate of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

DPL Matches, Reaffirms Outlook Posted: 29 Oct 2010 04:05 PM PDT Diversified energy utility, DPL Inc. (NYSE:DPL) reported third quarter 2010 earnings per share of 74 cents, matching the Zacks Consensus Estimate. The results of the company were higher than the 59 cents reported in the year-ago quarter. The year-over-year increase was driven by warm weather, which boosted company retail sales. Favorable economic conditions also augured well for DPL to book earnings growth. The higher cost of inputs and operating and maintenance expenses had a marginal impact on … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Regis Mixed 1Q11 Results Posted: 29 Oct 2010 04:05 PM PDT Regis Corporation(NYSE:RGS) reported first quarter fiscal 2011 adjusted earnings of 30 cents per share, in line with the Zacks Consensus Estimate as well as prior-year quarter. Results reflect the benefits of cost-containment measures and improved customer traffic.   During the quarter, the company reported GAAP net income of $18.3 million, or 30 cents per share, up from $7.8 million, or 14 cents per share in the year-ago quarter.   Quarter Performance Regis' total revenue plunged … [visit site to read more] or compare Best Credit Cards and Best CD Rates

DPL Matches, Reaffirms Outlook Posted: 29 Oct 2010 04:05 PM PDT Diversified energy utility, DPL Inc. (NYSE:DPL) reported third quarter 2010 earnings per share of 74 cents, matching the Zacks Consensus Estimate. The results of the company were higher than the 59 cents reported in the year-ago quarter. The year-over-year increase was driven by warm weather, which boosted company retail sales. Favorable economic conditions also augured well for DPL to book earnings growth. The higher cost of inputs and operating and maintenance expenses had a marginal impact on … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Rockwell Collins Reports In Line Posted: 29 Oct 2010 04:05 PM PDT Rockwell Collins Inc. (NYSE:COL) reported fourth-quarter 2010 earnings of 94 cents, in line with the Zacks Consensus Estimate. Results were 10 cents ahead of earnings reported in the prior-year quarter. Net income was $150 million, up 12% from $134 million in the prior-year quarter. Revenue of Rockwell Collins was $1.28 billion, up 8% from $1.2 billion in the fourth quarter of 2009. Higher revenues at Government Systems as well as Commercial Systems drove the overall climb. Revenue was a trifle … [visit site to read more] or compare Best Credit Cards and Best CD Rates

NiSource’s Mixed Qtr, Ups Guidance Posted: 29 Oct 2010 03:35 PM PDT Diversified utility NiSource Inc. (NYSE:NI) posted net operating earnings of 4 cents per share in the third quarter of 2010, falling short of the Zacks Consensus Estimate of 6 cents and the year-ago quarter's operating earnings of 7 cents. Benefits from electric industrial margins and off-system sales, as well as increased gas distribution revenues were offset by increases in operating expenses, taxes and depreciation, leading to the drop in earnings. Revenues Gross revenue improved 11% year … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Eastman Beats Consensus Handily Posted: 29 Oct 2010 03:35 PM PDT Eastman Chemical Company (EMN) earned $2.33 per share in the third quarter of 2010, outperforming the Zacks Consensus Estimate of $1.22. Year over year, earnings shot up 69% from $1.38 per share. A healthy top-line growth driven by higher volumes and prices led to the robust earnings. Revenues With sales improving across all product lines, quarterly revenues climbed 29% to $1.7 billion, outshining the Zacks Consensus Estimate of $1.6 billion. Volumes and pricing gains drove revenues in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

NextEra Energy Beats Estimates Posted: 29 Oct 2010 03:35 PM PDT NextEra Energy Inc. (NEE) announced third-quarter 2010 operating earnings of $1.45 per share compared with $1.38 per share in the year-ago quarter. The results of the company outstripped the Zacks Consensus Estimate, as provided by 14 coverings analysts, by 2 cents.  NextEra Energy recorded GAAP earnings for the third quarter of 2010 of $1.74 per share compared with $1.31 per share in the year-ago period. The difference of 29 cents between operating and GAAP earnings, during the third … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Interpublic Group Amazes In 3Q Posted: 29 Oct 2010 03:05 PM PDT The Interpublic Group of Companies Inc. (NYSE:IPG) reported outstanding numbers during the third quarter of fiscal 2010.  Net income was $42.4 million, significantly up from $17.2 million in the year-ago quarter. Earnings per share (EPS) also shot up to 8 cents, up from just 3 cents in the year-ago quarter. EPS was a penny above the Zacks Consensus Estimate of 7 cents. The growth was attributable to increased revenues and strict control over costs. Total revenue grew 9.4% to $1,560.6 million, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Itron’s Record Quarter Posted: 29 Oct 2010 03:05 PM PDT Itron Inc. (NASDAQ:ITRI) delivered record earnings per share (EPS) of $1.06 in its third quarter ended September 30, 2010, zooming past the Zacks Consensus Estimate by an impressive 21 cents, and more than doubling the EPS of 45 cents in the year-ago quarter. The year-over-year improvement was driven by robust sales in North America. Adjusted EPS for both the reported and comparable quarters exclude amortization of intangible assets, amortization of debt placement fees, the amortization of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Maxwell Tech Reports In Line Posted: 29 Oct 2010 02:45 PM PDT Energy storage and power delivery products maker, Maxwell Technologies Inc. (NASDAQ:MXWL) reported third quarter 2010 adjusted earnings of a penny per share, in line with the Zacks Consensus Estimate and soundly beat the year-ago quarterly loss per share of 4 cents. On a reported basis the company had a per share loss of 9 cents compared to a loss of 18 cents in the year-ago quarter. The 10-cent variance in the reported period between the reported and adjusted earnings came from the impact of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

ITT Beats EPS Estimate, Ups Outlook Posted: 29 Oct 2010 02:45 PM PDT ITT Corporation (NYSE:ITT) released its third quarter earnings result before the market opened today, reporting earnings per share from continuing operations of $1.08 and outperforming the Zacks Consensus Estimate of 99 cents. Earnings were up 6% year over year. Increased revenue from commercial business and operating efficiency of the company were the driving factors for good results in the quarter. Revenue Total revenue was $2.68 billion, up from $2.55 billion in the third quarter of 2009. The … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Analyst Interviews: Steel Industry Outlook Posted: 29 Oct 2010 02:35 PM PDT The U.S. houses one of the world’s largest steel industries. It is rather concentrated in structure, with a few producers accounting for the lion's share of sales. ArcelorMittal (NYSE:MT) is the world's largest steel company, with crude steel production of 73.2 million tons in 2009, representing about 6% of the global steel output. Steel products are classified into four broad categories: flat steel products, long steel products, scrap and semi-finished products. Flat products include plates, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Solid Quarter From Arrow Posted: 29 Oct 2010 02:35 PM PDT Electronic parts distributor Arrow Electronics Inc. (NYSE:ARW) reported sales of $4.7 billion in the third quarter of 2010 up 27.0% year over year and up 1.0% sequentially, which surpassed the Zacks Consensus Estimate of $4.6 billion. On a segment basis, Global components sales came in at $3.44 billion, up 35.3% year over year and 5.5% sequentially, driven by strong growth in Americas, European and core Asia-Pacific regions, which was partially offset by a slowdown in the low-end handset business … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Edison International Profits Climb Posted: 29 Oct 2010 02:35 PM PDT Edison International’s (NYSE:EIX) adjusted EPS of $1.46 in the third quarter of fiscal 2010 jumped the Zacks Consensus Estimate of $1.18 by 28 cents. It also beat the year-ago period earnings of $1.09. Outperformance in the quarter was driven by better than expected results at both Southern California Edison (SCE) and Edison Mission Group (EMG). On a GAAP basis, the company reported an EPS of $1.56 compared with $1.22 in the year-ago quarter. Operational Results Edison International’s revenue … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Beckman Beats, Reaffirms Guidance Posted: 29 Oct 2010 02:35 PM PDT Beckman Coulter (NYSE:BEC) reported an EPS of 95 cents in the third quarter of fiscal 2010, compared with 2 cents in the year-ago period. However, adjusting for certain special items, restructuring and the acquisition of Olympus Diagnostic, the company's EPS came in at $1.00, surpassing both the Zacks Consensus Estimate of 88 cents and 89 cents in the year-ago quarter. Beckman reported revenues of $893.8 million, up 8.6% (up 9.8% at constant exchange rates or CER) from the year-ago quarter and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Preview: A VERY Busy Week Ahead Posted: 29 Oct 2010 02:05 PM PDT Earnings Preview 10/29/10 Earnings season might be more than halfway through, but that does not mean a slowdown in the earnings parade. Next week, a total of 1,128 firms will report, including 100 of the S&P 500 firms. So far this has been a very strong earnings season, but there are still plenty of important firms that have yet to show their hands. The firms reporting next week include Pfizer (NYSE:PFE), Mastercard (NYSE:MA), Hartford Insurance (NYSE:HIG), Devon Energy (NYSE:DVN), Time Warner (NYSE:TWX) … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Solid 3Q For Cliffs Posted: 29 Oct 2010 02:05 PM PDT Stronger pricing and volumes helped mining company, Cliffs Natural Resources Inc., (NYSE:CLF) post record revenues and earnings in the third quarter of 2010. Net earnings of $297.4 million or $2.18 per share in the third quarter were an over four-fold increase from last year's $58.8 million or 45 cents. However, earnings missed the Zacks Consensus Estimate of $2.59 per share. Quarterly revenues more than doubled to $1.3 billion from $666.4 million in the year-ago period on higher pricing and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Genworth Suffers 3Q Mortgage Loss Posted: 29 Oct 2010 02:05 PM PDT Genworth Financial Incorporation (NYSE:GNW) reported third-quarter 2010 operating earnings of 6 cents, lagging the Zacks Consensus Estimate of 25 cents by a substantial 19 cents. Results were considerably lower than 18 cents reported in third-quarter 2009. Operating income was $29 million compared with $81 million in the year-ago period. Higher year-over-year loss at the U.S. Mortgage Insurance segment as well as weak results at Retirement and Protection and at International resulted in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Varian Beats EPS, Misses On Sales Posted: 29 Oct 2010 02:05 PM PDT Varian Medical Systems (NYSE:VAR) reported fourth quarter and fiscal year 2010 (ended September 30) earnings per share from continuing operations of 87 cents and $2.96, beating the Zacks Consensus Estimates of 84 cents and $2.94, respectively, and exceeding the corresponding year-ago figures of 78 cents and $2.65.  Revenues Varian posted total sales of $652 million (up 1.6% year over year) and $2.36 billion (up 7.3%) in the fourth quarter and fiscal 2010, respectively, falling short of the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Closing Bell Market Monitor: CVX, MRK, PFE, EL Posted: 29 Oct 2010 02:00 PM PDT 10/29/10 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

Forex – EUR/USD Up At The End Of U.S. Session Posted: 29 Oct 2010 01:55 PM PDT The Euro was higher against the U.S. Dollar on Friday after the release of U.S. data on GDP. EUR/USD was trading at 1.3939, up 0.06% at time of writing. The pair was likely to find support at 1.3734, Wednesday's low, and resistance at 1.4080, Monday's high. Earlier in the day, preliminary official data showed that Gross domestic product in the U.S. rose in line with expectations to a seasonally adjusted annual rate of 2.00% in the last quarter from 1.70% in the preceding … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Why Aren’t Business Leaders Standing Up To The Tea Party? Posted: 29 Oct 2010 01:39 PM PDT America's business leaders have not exactly shied away from offering political views. Verizon CEO Ivan Seidenberg has accused President Obama of creating a hostile environment for investment and job-creation, while General Electric's Jeff Immelt says the administration is out of sync with entrepreneurs. All of which makes particularly curious the deafening silence of business leaders about the tea party that's now taking over the GOP and about to take over a chunk of Congress. Maybe … [visit site to read more] or compare Best Credit Cards and Best CD Rates

HGSI Loss Narrower Than Expected Posted: 29 Oct 2010 01:35 PM PDT Human Genome Sciences Inc.'s (NASDAQ:HGSI) third quarter 2010 loss of 22 cents per share was narrower than the Zacks Consensus Estimate of a loss of 36 cents and the year-ago loss of 32 cents. The narrower loss in the reported quarter was attributable to the massive jump in revenues recorded in the quarter. Revenues in the reported quarter climbed 170.2% to $50.8 million in the reported quarter easily surpassing the Zacks Consensus Revenue Estimate of $31 million. The massive jump recorded in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Pepco Triumphs, Revenue Dips Posted: 29 Oct 2010 01:35 PM PDT Pepco Holdings Inc. (NYSE:POM) reported third quarter 2010 earnings from continuing operations of 52 cents per share, 12 cents above the Zacks Consensus Estimate of 40 cents, climbing 49% from 35 cents earned last year. The improvement in earnings was driven by strong Power Delivery results, helped by infrastructure investments, regulatory outcomes, and the impact of hot summer weather on electric distribution sales. Higher transmission revenues, lower interest expense and favorable income tax … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Up Toward The End Of U.S. Session Posted: 29 Oct 2010 01:30 PM PDT The British Pound was higher against the U.S. Dollar on Friday after the release of U.S. data on GDP. GBP/USD was trading at 1.6027, up 0.51% at time of writing. The pair was likely to find support at 1.5678, Monday's low, and resistance at 1.6038, today's high. Earlier in the day, preliminary official data showed that Gross domestic product in the U.S. rose in line with expectations to a seasonally adjusted annual rate of 2.00% in the last quarter from 1.70% in the preceding … [visit site to read more] or compare Best Credit Cards and Best CD Rates

CONSOL Falls Short Of Estimates Posted: 29 Oct 2010 01:20 PM PDT Diversified fuel producer CONSOL Energy Inc. (NYSE:CNX) posted third quarter 2010 adjusted earnings of 44 cents per share, falling short of the Zacks Consensus Estimate of 58 cents. Lower earnings in the quarter were a result of increased expenses, offset in part by robust fuel volumes produced at both the segments. The company boasted a record revenue growth of 23%, which propelled revenues to $1.319 billion, driven by increased contribution from the Coal Division. Compared to the Zacks Consensus … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Markets Mixed At Close; Dow Jones Up 0.04% Posted: 29 Oct 2010 01:10 PM PDT Forex Pros – U.S. stocks were mixed after the closing bell on Friday. At the close of U.S. trade, the Dow Jones Industrial Average rose 0.04%, the S&P 500 index shed 0.04%, while the Nasdaq 100 index declined 0.25%. Earlier in the day, preliminary official data showed that Gross domestic product in the U.S. rose in line with expectations to a seasonally adjusted annual rate of 2.00% in the last quarter from 1.70% in the preceding quarter. Analysts had expected U.S. gross domestic product … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Progress Energy Short Of Estimates Posted: 29 Oct 2010 01:05 PM PDT Power utility company Progress Energy Inc. (NYSE:PGN) announced its third-quarter 2010 operating earnings of $1.23 per share, which failed to meet the Zacks Consensus Estimate of $1.27. The results of the company were a penny higher than year-ago earnings of $1.22 per share. The contribution to operating earnings from Progress Energy Carolinas was 79 cents a share, while Progress Energy Florida contributed 60 cents a share. Ongoing after-tax expenses from Corporate and Other Business were 16 cents … [visit site to read more] or compare Best Credit Cards and Best CD Rates

ICICI Bank’s Profit Escalates Posted: 29 Oct 2010 01:05 PM PDT ICICI Bank Limited's (NYSE:IBN) 2011 fiscal second quarter (ended September 30) profit came in at INR12.36 billion (US$275 million), up 18.8% from INR10.40 billion (US$231 million) in the year-ago quarter. Results for the reported quarter include the financials of Bank of Rajasthan from August 13, 2010 to September 30, 2010. Results in the reported quarter were primarily driven by higher fee income and a substantial decrease in loss provisions. Interest income also improved during the quarter. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Rubbermaid Tops, Reaffirms Outlook Posted: 29 Oct 2010 01:05 PM PDT Newell Rubbermaid Inc. (NYSE:NWL), the maker of Sharpie pens and Rubbermaid containers, logged a strong 10.5% growth in third quarter 2010 earnings, climbing to 42 cents a share from 38 cents in the year-ago quarter. Earnings also outpaced the Zacks Consensus Estimate of 41 cents. Including special items, earnings per share came in at 9 cents. The strong quarterly performance was mainly attributable to increased core sales, improved productivity and better working capital management. During the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Improvements At Grupo TMM Posted: 29 Oct 2010 01:05 PM PDT Maritime and Ports Drive Improvement at Grupo TMM Grupo TMM (NYSE:TMM) is one of the largest integrated logistics and transportation companies in Mexico. The firm, through its subsidiaries provides maritime services, land transportation services, integrated logistics services, and ports and terminals management to international and domestic clients throughout Mexico. TMM's offshore and product tanker fleet generally work with long and medium-term contracts which has the effect of predictable … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Weyerhaeuser Outperforms Estimate Posted: 29 Oct 2010 01:05 PM PDT Weyerhaeuser Co. (NYSE:WY) reported its financial results for the third quarter of 2010. Adjusted net income in the quarter was $81 million, or 25 cents per share, compared with a net loss of $56 million, or 26 cents per share in the corresponding quarter of 2009. Earnings per share (EPS) surpassed the Zacks Consensus Estimate of 11 cents. Earnings per share in the quarter excludes income tax adjustments of approximately $1.035 billion related to the reversal of deferred taxes as a result of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Lincoln Electric Beats By A Penny Posted: 29 Oct 2010 12:35 PM PDT Lincoln Electric Holdings Inc. (NASDAQ:LECO) delivered adjusted earnings per share (EPS) of 79 cents, a penny above the Zacks Consensus Estimate, and 25% above the year-ago quarter's EPS of 63 cents. During the quarter, the company managed to deliver robust sales and operating profit growth despite weak results throughout Europe. Adjusted EPS in the reported quarter included rationalization charges and impact of the change in the functional currency of the company’s Venezuelan operation to the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Navigant Misses Zacks Estimate Posted: 29 Oct 2010 12:35 PM PDT Navigant Consulting Inc. (NYSE:NCI) reported its third quarter 2010 adjusted earnings per share of 16 cents, which came below the Zacks Consensus Estimate of 22 cents. Adjusted earnings per share fell short of both last quarter and year-earlier quarter's earnings of 17 cents and 20 cents, respectively. Adjusted earnings excluded the office consolidation, severance expense and non-recurring foreign tax elections. GAAP net income was $9.2 million or 18 cents per share, compared with $7.8 million … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Estee Lauder Outpaces Estimates Posted: 29 Oct 2010 12:35 PM PDT Estee Lauder (NYSE:EL) reported robust first-quarter 2011 results with earnings of 95 cents per share. Earnings (excluding one-time items) were well above the Zacks Consensus Estimate of 77 cents and soared 14.1% from 71 cents delivered in the prior-year quarter. The New York-based Estee Lauder now expects second-quarter 2011 earnings (excluding one-time items) in the range of $1.32 to $1.45 per share. The company raised its full year guidance for earnings to the range of $2.90 to $3.10 per share … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Down On Economic Data Posted: 29 Oct 2010 12:30 PM PDT The U.S. Dollar was lower against the Japanese Yen on Friday after the release of U.S. data on GDP. USD/JPY was trading at 80.47, down 0.67% at time of writing. The pair was likely to find support at 80.42, Monday's low, and resistance at 81.98, Wednesday's high. Earlier in the day, preliminary official data showed that Gross domestic product in the U.S. rose in line with expectations to a seasonally adjusted annual rate of 2.00% in the last quarter from 1.70% in the preceding … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Risk Appetite Remains Strong On Data Posted: 29 Oct 2010 07:09 AM PDT 10/29/10 Investors continued to favor higher-yielding currencies this session following mixed economic data and volatile global … [visit site to read more] or compare Best Credit Cards and Best CD Rates

MetLife Posts Mixed Results Posted: 29 Oct 2010 12:05 PM PDT MetLife Inc. (NYSE:MET) reported third quarter operating earnings of $878 million or 99 cents per share, well ahead of $718 million or 87 cents per share in the year-ago quarter. However, results missed the Zacks Consensus Estimate of $1.03 per share. Reported net income was $286 million or 32 cents per share compared with a net loss of $650 million or 79 cents per share in the prior-year quarter. The upside was primarily due to a strong growth in the U.S. business segment, strong underwriting … [visit site to read more] or compare Best Credit Cards and Best CD Rates

“We’re In A Mood Where No Bad News, Is Good News” Posted: 29 Oct 2010 11:50 AM PDT 10/29/10 Mogavero Lee & Co.’s Dorren Mogavero discusses next week’s event risk: congressional elections, central bank rate decisions and non-farm … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Up On U.S. Data Posted: 29 Oct 2010 11:35 AM PDT The British Pound was higher against the U.S. Dollar on Friday after the release of U.S. data on GDP. GBP/USD was trading at 1.6029, up 0.53% at time of writing. The pair was likely to find support at 1.5678, Monday's low, and resistance at 1.6036, today's high. Earlier in the day, preliminary official data showed that Gross domestic product in the U.S. rose in line with expectations to a seasonally adjusted annual rate of 2.00% in the last quarter from 1.70% in the preceding … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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