DailyMarkets.com - Stock Picks For Thursday: Las Vegas Sands, Broadcom Corporation, Plug Power, A123 Systems |
- Stock Picks For Thursday: Las Vegas Sands, Broadcom Corporation, Plug Power, A123 Systems
- Avery Dennison Beats By 1 Cent
- FTI Fails By A Cent
- Norfolk Way Past Estimates
- Vocus EPS Exceeds
- The Day Ahead: Earnings, US Jobless Claims
- Earnings Preview: Zimmer Holdings
- Mixed Results From PSEG
- Actelion Beats, Confirms Outlook
- Higher Expenses Hurt Southern Co.
- Mixed Result By MeadWestvaco
- Earnings Preview: Avon Products
- Decent 3Q For DST Systems
- Earnings Preview: Regis Corp.
- SCANA Slips In 3Q
- Pioneer Misses On Bottom Line
- ADVENTRX: Improving Performance, Safety
- D&B Beats, Reaffirms Outlook
- Food Is More Affordable Than Ever, Thanks In Part To International Trade
- JAKKS Beats, Outlook Raised
- Baxter Introduces GLASSIA
- Salix Inks Deal
- Allegheny Energy Beats On Revenue
- C.H. Robinson Delivers Mixed 3Q
- Forex – NZD/USD Down On Economic Data
- Northrop Surpasses Zacks Estimate
- Equinix Matches EPS, Tops Revenues
- ACE Expands In Asia
- Forex – EUR/USD Down On Economic Data, Earnings
- Profit Tanks At Unisys Corporation
- Sealed Air EPS On Par, Sales Miss
- Earnings Scorecard: Forest Labs
- Novellus Beats, Outlook Softening
- PX 3Q Net Results Beat Estimate
- U.S. Markets Mixed At Close; Dow Jones Down 0.39%
- N.Z. Official Cash Rate Remains Unchanged In Line With Expectations
- 10/27 FX Options Report
- F5 Networks Beats On Strong Demand
- Walter Energy Misses Estimates
- AGCO Outperforms, Ups EPS Guidance
- Dollar Jumps On Continued Fed Speculation
- Questar Shines, Outlook Goes Up
- Aflac Profit Rockets On Strong Yen
- Molina Outshines Zacks Estimates
- Sohu Beats Zacks Consensus
- “A Lot Of The Good News…already Priced In”
- Global Economic Recovery Watch
- USD/CHF Trades Higher After Upside Breakout
- Fiserv Tops Estimates
- Crude Declines On Dollar Rally
- Stock Option Plays On Wednesday: Altera, J.C. Penney, Triquint Semiconductor, Avon Products
- Under Armour Beats, Raises Outlook
- International Paper Beats Zacks
- Impressive 3Q For ConocoPhillips
- Election Watch 2010
- Update: Castle Point Press Release On Todd Combs Retirement
- Legg Mason Outshines Estimate
- Earnings Scorecard: St. Jude
- Thermo Fisher Tops, Raises Outlook
- Question For The Audience
- European Markets Close Lower; Dax Down 0.69%
- “Fed Action Will Continue Surgical Actions To Boost Economy”
- PetroChina Surges On Positive Earnings
| Stock Picks For Thursday: Las Vegas Sands, Broadcom Corporation, Plug Power, A123 Systems Posted: 27 Oct 2010 06:05 PM PDT ( click to enlarge )
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| Avery Dennison Beats By 1 Cent Posted: 27 Oct 2010 05:05 PM PDT Avery Dennison Corporation (NYSE:AVY) reported adjusted income of 62 cents per share in third-quarter 2010, beating the Zacks Consensus Estimate of 61 cents by a penny. Results, however, lagged third-quarter 2009's adjusted earnings of 82 cents per share. Adjusted income was $66.0 million in the quarter, down 24% from $86.8 million in third-quarter 2009.
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| Posted: 27 Oct 2010 04:35 PM PDT FMC Technologies, Inc. (NYSE:FTI) reported its third quarter 2010 earnings from continuing operations of 66 cents per share failing to beat Zacks Consensus Estimate by a cent. The Zacks Consensus was 67 cents per share. The earnings also decreased 15.4% sequentially and 9.6% from the prior-year quarter.
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| Posted: 27 Oct 2010 04:35 PM PDT Norfolk Southern Corp. (NYSE:NSC) reported third quarter 2010 earnings of $1.19 per share beating Zacks Consensus estimates of $1.09 per share. Norfolk reported an improved quarter with earnings per share increasing 14.4% sequentially and 46.9% year-over-year.
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| Posted: 27 Oct 2010 04:05 PM PDT Vocus Inc.'s (NASDAQ:VOCS) third quarter 2010 earnings per share (EPS) of 4 cents surpassed the Zacks Consensus Estimate of $0.00. Revenue during the quarter was $24.7 million, which was below the Zacks Consensus of $25.0 million.
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| The Day Ahead: Earnings, US Jobless Claims Posted: 27 Oct 2010 04:00 PM PDT 10/28/10 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
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| Earnings Preview: Zimmer Holdings Posted: 27 Oct 2010 03:35 PM PDT Zimmer Holdings (NYSE:ZMH) is scheduled to release its third-quarter of fiscal 2010 earnings on October 28, 2010, before the market opens. According to the Zacks Consensus Estimate, the company is expected to report EPS of 95 cents, (representing a year-over-year growth of 8.5%) on $995 million of revenue.
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| Posted: 27 Oct 2010 03:35 PM PDT Public Service Enterprise Group Inc. (NYSE:PEG) or PSEG reported third-quarter 2010 operating earnings per share (EPS) of $1.06 compared with the Zacks Consensus Estimate of 96 cents and 92 cents in the year-ago quarter.
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| Actelion Beats, Confirms Outlook Posted: 27 Oct 2010 03:25 PM PDT Actelion Ltd. (ALIOF) reported third-quarter earnings of $1.17 per American Depository Receipt (ADR), well above the Zacks Consensus Estimate of 86 cents and a 6.4% increase from the year-ago earnings per ADR of $1.10. Product sales increased 9% at constant exchange rates, with growth being driven by patient demand.
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| Higher Expenses Hurt Southern Co. Posted: 27 Oct 2010 03:05 PM PDT Electric utility firm Southern Co. (SO) reported slightly weaker-than-expected third quarter 2010 results, pulled down by increased operations and maintenance expenses. These were partially offset by improvement in industrial activity and higher usage on the back of warmer-than-normal temperatures.
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| Posted: 27 Oct 2010 03:05 PM PDT MeadWestvaco Corporation (NYSE:MWV) delivered a strong third quarter with operating earnings per share (EPS) of 63 cents, outperforming Zacks Consensus Estimate of 55 cents and improving 37% significantly from 46 cents in the prior-year quarter.
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| Earnings Preview: Avon Products Posted: 27 Oct 2010 03:05 PM PDT Avon Products Inc. (NYSE:AVP), the world’s largest direct seller of beauty products, is scheduled to release its third-quarter 2010 results on Thursday, October 28 before the market opens. The current Zacks Consensus Estimate for the third quarter of fiscal 2010 is 47 cents a share.
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| Posted: 27 Oct 2010 03:05 PM PDT DST Systems Inc. (NYSE:DST) posted decent third quarter earnings per share (EPS) of $1.03, beating the Zacks Consensus Estimate of $1.01.
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| Posted: 27 Oct 2010 02:35 PM PDT Regis Corp. (NYSE:RGS), which owns, operates and franchises hair and retail product salons worldwide, is slated to release its first quarter 2011 results on October 28, after market close. The current Zacks Consensus Estimate for the quarter is 30 cents per share, representing an annualized growth of 1.72%.
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| Posted: 27 Oct 2010 02:35 PM PDT SCANA Corporation (NYSE:SCG) reported weaker-than-expected third-quarter 2010 earnings of 79 cents per share, below the Zacks Consensus Estimate of 85 cents and the year-ago earnings of 84 cents.
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| Posted: 27 Oct 2010 02:35 PM PDT Pioneer Natural Resources Company (NYSE:PXD) reported its third-quarter adjusted earnings of 35 cents per share, which was below the Zacks Consensus Estimate of 38 cents but well ahead of the year-earlier loss of 3 cents. The year-over-year improvement was largely driven by growth in Spraberry field, Eagle Ford Shale and Tunisia.
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| ADVENTRX: Improving Performance, Safety Posted: 27 Oct 2010 02:35 PM PDT ADVENTRX Pharmaceuticals (ANX) is a development-stage specialty pharmaceutical company focused on acquiring, developing and commercializing proprietary product candidates for the treatment of cancer. The company seeks to improve the performance of existing drugs by addressing limitations associated principally with their safety and use. The company's lead product candidates, ANX-530 (vinorelbine injectable emulsion), or Exelbine™, and ANX-514 (docetaxel lyophilized emulsion for … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 27 Oct 2010 02:35 PM PDT Dun & Bradstreet Corp. (NYSE:DNB), a provider of business information, reported third quarter 2010 earnings before non-core gains and one-time charges of $1.21 per share, beating the Zacks Consensus Estimate of $1.91 by 2 cents. Earnings per share increased 7.1% from the year-ago profit of $1.13 per share.
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| Food Is More Affordable Than Ever, Thanks In Part To International Trade Posted: 27 Oct 2010 02:09 PM PDT Charles Campbell, retired senior VP of Gulf Oil, cooks up quite “a stew of errors, misunderstandings, and non sequiturs” about free trade, according to Don Boudreaux, in this Baltimore Sun editorial “Free Trade Has Failed the U.S.” Some the errors appear in this discussion on U.S. food export and imports: “In 1970, U.S. technology was superior to that of every other nation in the world; we manufactured nearly everything we consumed; we were essentially self-sufficient in energy; we exported … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 27 Oct 2010 02:01 PM PDT JAKKS Pacific Inc. (NASDAQ:JAKK) reported its adjusted third quarter 2010 earnings of $1.23 per share, beating the Zacks Consensus Estimate of $1.07 and $1.13 in the prior-year quarter. The third quarter earnings include a tax benefit of 17 cents per share.
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| Posted: 27 Oct 2010 02:01 PM PDT Medical products giant Baxter International (NYSE:BAX) officially commenced the U.S. launch of GLASSIA Alpha 1-Proteinase inhibitor for the treatment of emphysema. The company secured exclusive marketing rights to GLASSIA in the U.S., Canada, Australia and New Zealand from Israel-based biopharmaceuticals company Kamada Ltd in August 2010.
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| Posted: 27 Oct 2010 02:01 PM PDT Salix Pharmaceuticals, Ltd. (NASDAQ:SLXP) recently announced that it has entered into a collaboration agreement with Norwegian specialty pharma company, Photocure, for the development and commercialization of Lumacan.
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| Allegheny Energy Beats On Revenue Posted: 27 Oct 2010 02:01 PM PDT Allegheny Energy, Inc. (NYSE:AYE) reported adjusted income of 73 cents per share in third-quarter 2010, beating the Zacks Consensus Estimate of 53 cents by 20 cents. Results are substantially ahead of third-quarter 2009 adjusted earnings of 59 cents per share. Adjusted income was $124.9 million in the quarter, an increase of 24.8% from $100.1 million in third-quarter 2009.
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| C.H. Robinson Delivers Mixed 3Q Posted: 27 Oct 2010 02:00 PM PDT C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) showed a $7.1 million improvement in profit to $102.6 million or 62 cents per share in the third quarter of 2010 from $94.5 million or 57 cents in the comparable quarter last year. The quarter's earnings beat the Zacks Consensus Estimate by a penny.
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| Forex – NZD/USD Down On Economic Data Posted: 27 Oct 2010 01:50 PM PDT The New Zealand Dollar was lower against the U.S. Dollar on Wednesday after the release of N.Z. data on Interest Rate Decision. NZD/USD was trading at 0.7457, down 0.47% at time of writing. The pair was likely to find support at 0.7406, today's low, and resistance at 0.7562, Monday's high. Earlier in the day, official data showed that New Zealand's official cash rate remained unchanged in line with expectations at 3.00%. Meanwhile, the New Zealand Dollar was up against the Australian … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Northrop Surpasses Zacks Estimate Posted: 27 Oct 2010 01:36 PM PDT Los Angeles-based leading shipbuilder and defense contractor Northrop Grumman Corporation (NYSE:NOC) reported impressive third quarter 2010 results of $1.67 per share compared to $1.53 in the third quarter of 2009.
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| Equinix Matches EPS, Tops Revenues Posted: 27 Oct 2010 01:36 PM PDT Equinix Inc.'s (EQIX) third-quarter 2010 earnings per share of 27 cents were in line with the Zacks Consensus Estimate, and revenue of $330.3 million was above the Zacks Consensus of 329.0 million.
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| Posted: 27 Oct 2010 01:36 PM PDT Property and casualty insurer ACE Limited (NYSE:ACE) is on an acquisition spree. The company has inked a deal to acquire New York Life's Hong Kong and Korea life insurance operations for a cash consideration of $425 million. The acquisition is expected to close during the first quarter of 2011, subject to regulatory approvals and other customary closing conditions.
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| Forex – EUR/USD Down On Economic Data, Earnings Posted: 27 Oct 2010 01:35 PM PDT The Euro was lower against the U.S. Dollar on Wednesday after the release of U.S. data on New Home Sales. EUR/USD was trading at 1.3765, down 0.67% at time of writing. The pair was likely to find support at 1.3734, today's low, and resistance at 1.4080, Monday's high. Earlier in the day, official data showed that new home sales in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 307.00K last month from 288.00K in the preceding month. Analysts had expected new … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Profit Tanks At Unisys Corporation Posted: 27 Oct 2010 01:10 PM PDT IT services provider Unisys Corporation (NYSE:UIS) reported disappointing results for the third quarter of 2010. Net income plummeted 54% year over year to $28.3 million. Earnings per share (EPS) came in at 65 cents compared to $1.48 in the year-ago quarter.
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| Sealed Air EPS On Par, Sales Miss Posted: 27 Oct 2010 01:10 PM PDT Sealed Air Corporation (NYSE:SEE) delivered adjusted EPS of 43 cents for the third quarter ended September 30, 2010, on par with the Zacks Consensus Estimate. Earnings per share in the quarter manifested a 13% increase over 38 cents in the year-ago quarter. Growth in Protective Packaging and both of the Food segments, reflecting robust end-market demand, improved price/mix performance benefiting from earlier pricing announcements resulted in the improvement.
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| Earnings Scorecard: Forest Labs Posted: 27 Oct 2010 01:10 PM PDT Following the release of second quarter fiscal 2011 results on October 19, 2010, almost all the analysts covering Forest Laboratories (NYSE:FRX) have made upward revisions to their earnings estimates for 2011 and 2012. The upward revision in estimates is mainly in response to the company's revised guidance for fiscal 2011.
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| Novellus Beats, Outlook Softening Posted: 27 Oct 2010 01:10 PM PDT Novellus Systems' (NASDAQ:NVLS) third quarter earnings beat the Zacks Consensus Estimate by 4 cents. Revenue exceeded the Zacks Consensus by 3.7%. Shares were up marginally by 0.99%, as guidance indicated uncertain demand.
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| PX 3Q Net Results Beat Estimate Posted: 27 Oct 2010 01:10 PM PDT Praxair Inc’s (NYSE:PX) third quarter 2010 adjusted net income soared 19.0% year over year to $377 million, or $1.21 per share compared with $318 million or $1.02 per share in the third quarter of 2009. Earnings per share surpassed the Zacks Consensus Estimate of $1.20 and the company's guided range of $1.15-$1.20 by a cent.
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| U.S. Markets Mixed At Close; Dow Jones Down 0.39% Posted: 27 Oct 2010 01:10 PM PDT Forex Pros – U.S. stocks were mixed after the closing bell on Wednesday. At the close of U.S. trade, the Dow Jones Industrial Average fell 0.39%, the S&P 500 index shed 0.27%, while the Nasdaq 100 index climbed 0.32%. Earlier in the day, official data showed that new home sales in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 307.00K last month from 288.00K in the preceding month. Analysts had expected new home sales to rise to 300.00K last month. Meanwhile, … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| N.Z. Official Cash Rate Remains Unchanged In Line With Expectations Posted: 27 Oct 2010 01:10 PM PDT New Zealand's official cash rate remained unchanged in line with expectations last month, official data showed on Wednesday. In a report, the Reserve Bank of New Zealand said that its official cash rate remained unchanged at 3.00%, from 3.00%. Analysts had expected the official cash rate to remain unchanged at … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 27 Oct 2010 01:03 PM PDT The USD extended gains, amidst expectations that the Federal Reserve’s quantitative easing measures may be scaled … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| F5 Networks Beats On Strong Demand Posted: 27 Oct 2010 12:35 PM PDT F5 Networks Inc. (NASDAQ:FFIV) posted decent fourth quarter adjusted earnings per share (EPS) of 61 cents, beating the Zacks Consensus Estimate of 55 cents. The adjusted EPS excludes the legal settlement charges, but includes stock-based compensation charges.
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| Walter Energy Misses Estimates Posted: 27 Oct 2010 12:35 PM PDT Premium metallurgical coal producer and exporter Walter Energy Inc. (NYSE:WLT) announced its operating earnings for the third-quarter 2010 of $2.57 per share, slightly below the Zacks Consensus Estimate of $2.59. However, the company's results were better than 45 cents earned in the year-ago quarter.
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| AGCO Outperforms, Ups EPS Guidance Posted: 27 Oct 2010 12:35 PM PDT Adjusted third-quarter EPS at AGCO Corporation (AGCO) increased five fold year over year to 66 cents from 13 cents, handily beating the Zacks Consensus Estimate of 48 cents. The strong performance was driven by stringent cost control, higher production, and record sales and operating income in South America.
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| Dollar Jumps On Continued Fed Speculation Posted: 27 Oct 2010 12:14 PM PDT 10/27/10 The US dollar was on the upside this session following strong US economic data and continued speculation concerning Fed monetary … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Questar Shines, Outlook Goes Up Posted: 27 Oct 2010 12:05 PM PDT Natural gas-focused energy company, Questar Corp. (STR) reported impressive third quarter 2010 results based on superb execution by the business units and lower interest expense. Earnings per share, excluding separation costs, came in at 16 cents, surpassing the Zacks Consensus Estimate of 14 cents. On a year-over-year basis, the result was relatively flat.
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| Aflac Profit Rockets On Strong Yen Posted: 27 Oct 2010 12:05 PM PDT Aflac Inc.'s (NYSE:AFL) third quarter operating earnings per share of $1.45 were modestly ahead of the Zacks Consensus Estimate of $1.39. This compared favorably with earnings of $1.25 in the year-ago quarter.
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| Molina Outshines Zacks Estimates Posted: 27 Oct 2010 12:05 PM PDT Molina Healthcare Inc. (NYSE:MOH) reported its third quarter income from continuing operations of $16.2 million or 57 cents per share, surpassing the Zacks Consensus Estimate of 49 cents. The better-than-expected results in the quarter were driven by higher operating revenues coupled with ramped-up enrollment and increased focus on medical costs.
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| Posted: 27 Oct 2010 12:05 PM PDT A leading online brand and Internet portal in China, Sohu.com Inc. (NASDAQ:SOHU) reported strong third quarter 2010 results, attributable to growth in each of its business segments, including online games and brand advertising. Moreover, better-than-expected growth in search ad revenues boosted results. Sohu provided an upbeat fourth quarter guidance that beat analysts' expectation.
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| “A Lot Of The Good News…already Priced In” Posted: 27 Oct 2010 06:57 AM PDT 10/17/2010 Seaport Securities’ Teddy Weisberg discusses today’s pullback in US equities and continued USD … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Global Economic Recovery Watch Posted: 27 Oct 2010 11:53 AM PDT 1. “The Conference Board’s Leading Economic Index (LEI) for Europe remains on an upward trend, and increased 0.3 percent in September, following a 0.7 percent increase in August, and a 0.9 percent increase in July. After increasing in September, the LEI for the Euro Area is 18.4 percent above its March 2009 trough.” 2. From the WSJ: “Britain’s economy grew more briskly than expected during the third quarter (3.2% at an annual rate), damping fears that the U.K. could tip back into recession … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| USD/CHF Trades Higher After Upside Breakout Posted: 27 Oct 2010 11:44 AM PDT Price action on USD/CHF (a 4-hour chart of which is shown) as of Wednesday (10/27/2010) has broken out above a key downtrend resistance line and established a new one-month high in the process. This trendline break significantly disrupts the steep downtrend that has been in place since the early June high. Currently, price has bumped up against key resistance in the 0.9900-0.9930 price region, a key support/resistance juncture. In the event of continued bullish momentum on the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 27 Oct 2010 11:35 AM PDT Fiserv, Inc. (NASDAQ:FISV) has reported a net income of $157 million from continuing operations (excluding merger costs and other adjustments, severance costs and amortization of acquisition-related intangibles) or $1.04 per share in the third quarter of 2010, up 10.5% year over year. The reported figure easily beat the Zacks Consensus Estimate of $1.00.
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| Crude Declines On Dollar Rally Posted: 27 Oct 2010 06:34 AM PDT 10/27/10 Front month crude prices continued to decline this session following another rally in the US … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Stock Option Plays On Wednesday: Altera, J.C. Penney, Triquint Semiconductor, Avon Products Posted: 27 Oct 2010 11:17 AM PDT Altera Corp. (NASDAQ:ALTR) – Sizeable bearish options transactions on the semiconductor company today indicate some investors are expecting the price of the underlying shares to decline in the next couple of months. The pessimistic plays on ALTR appear to be the work of contrarians given the more than 2.45% rally in the firm's shares to a new 52-week high of $31.08 this afternoon. Options traders utilized two different bearish strategies on the stock. The first and nearer-term of the two … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Under Armour Beats, Raises Outlook Posted: 27 Oct 2010 11:10 AM PDT Under Armour, Inc. (NYSE:UA), one of the leading developers, marketers and distributors of branded sports apparel, footwear and accessories, recently posted better-than-expected third-quarter 2010 results buoyed by the strong demand for athletic apparel and lower effective tax rate.
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| International Paper Beats Zacks Posted: 27 Oct 2010 11:05 AM PDT International Paper Co. (NYSE:IP) delivered a record adjusted earnings per share (EPS) of 91 cents for the third quarter ended September 30, 2010, comfortably beating the Zacks Consensus Estimate of 78 cents. Reported quarter EPS was more than double that of the year-ago quarter of 37 cents and the preceding quarter of 41 cents.
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| Impressive 3Q For ConocoPhillips Posted: 27 Oct 2010 11:05 AM PDT ConocoPhillips (NYSE:COP) reported its third-quarter 2010 earnings of $1.50 per share (excluding non-recurring items), well above the year-ago quarter's earnings of 95 cents as well as the Zacks Consensus Estimate of $1.46. The improved performance primarily reflects a hike in commodity prices associated with improved U.S.refining margins, partially offset by lower production volumes.
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| Posted: 27 Oct 2010 11:04 AM PDT 1. Ireland’s largest bookie said today it has already paid off all bettors who wagered the GOP would capture the chamber, saying there’s no way Democrats can keep control of the House, (Source) 2. According to P.J. O’Rourke “This is not an election on November 2. This is a restraining order.” 3. Current Intrade odds: 2:1 that Harry Reid will lose in Nevada, 5:1 that Barbara Boxer will win in California, and 13:1 that Jerry Brown will win in California. … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Update: Castle Point Press Release On Todd Combs Retirement Posted: 27 Oct 2010 10:46 AM PDT … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 27 Oct 2010 10:35 AM PDT Legg Mason Inc.'s (NYSE:LM) second-quarter 2011 earnings of 76 cents per share almost doubled the Zacks Consensus Estimate of 36 cents. Including U.K. tax benefit of $8.9 million or 6 cents per share, earnings came to 50 cents per share.
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| Posted: 27 Oct 2010 10:35 AM PDT Third Quarter Flashback
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| Thermo Fisher Tops, Raises Outlook Posted: 27 Oct 2010 10:35 AM PDT Thermo Fisher Scientific (NYSE:TMO) reported an EPS of 66 cents in the third quarter of fiscal 2010 compared to 53 cents in the year-ago period. However, after adjusting for certain one-time items, the EPS was 90 cents, way above the Zacks Consensus Estimate of 83 cents and 15% higher than 78 cents of the third quarter of 2009.
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| Posted: 27 Oct 2010 10:28 AM PDT … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| European Markets Close Lower; Dax Down 0.69% Posted: 27 Oct 2010 09:55 AM PDT Forex Pros – European stocks were down after the closing bell on Wednesday. At the close of European trade, Germany's DAX fell 0.69%, London's FTSE 100 shed 1.07%, France's CAC 40 declined 0.96% and the EURO STOXX 50 was down 0.94%. Earlier in the day, official data showed that new home sales in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 307.00K last month from 288.00K in the preceding month. Analysts had expected new home sales to rise to 300.00K last … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| “Fed Action Will Continue Surgical Actions To Boost Economy” Posted: 27 Oct 2010 09:53 AM PDT 10/27/10 Floor trader Ben Willis shares his thoughts behind the recent speculation concerning Federal Reserve monetary policy and touches on the recent volatility in the bond … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| PetroChina Surges On Positive Earnings Posted: 27 Oct 2010 02:47 AM PDT 10/27/10 The world’s second-most valuable oil and gas producer announced Wednesday that it posted strong 3Q earnings … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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