DailyMarkets.com - Are We Living In The Fed’s Twilight Zone?
DailyMarkets.com - Are We Living In The Fed’s Twilight Zone? |
- Are We Living In The Fed’s Twilight Zone?
- Earnings Scorecard: Advance Auto
- Dell Maintaining Its Pace
- Allstate On Hiring Spree
- LabCorp Clears Anti-Trust Review
- Earnings Preview: Stuffing The Turkey With Data
- Humana Earnings To Drop In 2011
- Chevron Disposes Assets
- Forex – GBP/USD Down During The U.S. Session
- Momentum Stock: Hill-Rom Holdings, Inc.
- Moody’s Rates Prudential’s Notes
- GENZ In Deal For Sale Of Diag Biz
- Infineon’s Solid Fourth Quarter
- CAT’s New $300M Facility In China
- Moscow Office Prices To Surge: JLL
- “Look Short-term…avoid Too Much Exposure To Downward Pressure”
- USD, JPY Gain On Risk
- Forex – USD/CHF Up During The U.S. Session
- European Markets Mixed At Close; Dax Up 0.17%
- Forex – AUD/USD Down During The U.S. Session
- Fed Chairman Bernanke Defends QE2 In Frankfurt Speech
- Merge Upgraded To Outperform
- The GM Stock Offering: Why We Can’t All Be Winners
- Salesforce Tops Revenue And EPS
- Rating Agencies Downgrade Regions
- Forex – EUR/USD Up At The End Of European Session
- Forex – GBP/USD Down At The End Of European Session
- Maintain Outperform On Dejour (DEJ)
- Gap Meets Estimate, Affirms Outlook
- American Eagle Meets, Cuts Costs
- Baker Hughes Active In Australia
- Zacks Updates From AHA
- Marvell Beats, Guidance Lowered
- Autodesk Beats Zacks Consensus
- MeadWestvaco Expands, Ups Dividend
- Australian Dollar: Key ST Resistance At 10725
- Canadian Dollar: The Downside Prevails
- Market Musings: 11.19.10
- Forex Trading: USDJPY Continues To Non-trend.
- Forex Trading: GBPUSD Finds Susport At The 61.8% Retracement.
- Opening Bell Market Monitor: ANN, FL, CRM
- Discount For The Value Investing Congress
- Website Announcement
- Morning News Notes: 11.18.10
Are We Living In The Fed’s Twilight Zone? Posted: 19 Nov 2010 11:46 AM PST On Monday, an old friend sent me a link to a now virally famous cartoon clip via YouTube. The clip is a depiction of the Federal Reserve’s second round of quantitative easing in a simplified, humorous manner and has been viewed over 1.6 million times, not to mention it had a front and center showing on CNBC. It comically poses questions that pretty much sum up the entire state of our economy right now. Is this some kind of a nightmare? Are we in an episode of The Twilight … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Earnings Scorecard: Advance Auto Posted: 19 Nov 2010 11:35 AM PST Advance Auto Parts Inc. (NYSE:AAP) reported its third quarter results ended October 9, 2010 on November 10, 2010, surpassing the Zacks Consensus Estimate by 11 cents per share. However, the market failed to react positively, with share prices falling in the subsequent days. |
Posted: 19 Nov 2010 11:35 AM PST Dell Inc. (NASDAQ:DELL) reported third quarter fiscal 2011 earnings per share (EPS) of 45 cents, exceeding the Zacks Consensus Estimate of 32 cents. |
Posted: 19 Nov 2010 11:35 AM PST Going ahead with its proactive investment approach, The Allstate Corp.'s (NYSE:ALL) Allstate Insurance Co. is in the process of employing about 155 licensed sales producers across Texas in the U.S. by the end of 2010, according to Business Journal. The company has collaborated with a staffing and consulting company, Kelly Services Inc. (NASDAQ:KELYA), for the hiring process. About 20 positions have been booked to date. |
LabCorp Clears Anti-Trust Review Posted: 19 Nov 2010 11:35 AM PST Laboratory Corporation of America Holdings (NYSE:LH) moves a step closer in the process of acquiring Genzyme Genetics, a unit of Genzyme Corporation (NASDAQ:GENZ). Recently, LabCorp received clearance from the Federal Trade Commission for the acquisition. |
Earnings Preview: Stuffing The Turkey With Data Posted: 19 Nov 2010 11:05 AM PST Earnings Preview 11/19/10 The third quarter earnings season is now almost over; just a handful of stragglers, mostly October fiscal ends, are left to report. Next week only 81 firms will report, but 9 of those will be S&P 500 firms, including Hewlett Packard (NYSE:HPQ), Analog Devices (NYSE:ADI), Medtronic (NYSE:MDT), Campbell Soup (NYSE:CPB) and Deere (NYSE:DE). We define any fiscal period ending in August, September and October to be the third quarter. On the economic data front, everything will … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Humana Earnings To Drop In 2011 Posted: 19 Nov 2010 11:05 AM PST On the expectation of the rise in doctor visits and medical procedures, Humana Inc. (NYSE:HUM) lowered its 2011 earnings forecast to $5.35-$5.55 per share, down from the 2010 expectation of $6.40-$6.50. |
Posted: 19 Nov 2010 11:05 AM PST Premier oil and gas company, Chevron Corporation (NYSE:CVX) has agreed to sell its fuels marketing and aviation businesses in parts of the Caribbean and Central America to Vitogaz, S.A. The latter is an affiliate of RUBIS, a France-based petroleum company. |
Forex – GBP/USD Down During The U.S. Session Posted: 19 Nov 2010 11:00 AM PST Forex Pros – The British Pound was lower against the U.S. Dollar on Friday. GBP/USD was trading at 1.5970, down 0.44% at time of writing. The pair was likely to find support at 1.5840, Tuesday's low, and resistance at 1.6155, Monday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.62% to hit 0.8557 and GBP/JPY falling 0.46% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Momentum Stock: Hill-Rom Holdings, Inc. Posted: 19 Nov 2010 10:55 AM PST Hill-Rom Holdings, Inc. (NYSE:HRC) just hit a new all-time high above $41 after reporting strong Q4 results that included a 22% earnings surprise. With estimates on the rise and a bullish growth projection, this Zacks #1 rank stock is lying in a warm bed of momentum. |
Moody’s Rates Prudential’s Notes Posted: 19 Nov 2010 10:55 AM PST The rating agency Moody’s Investors Service, an arm of Moody’s Corp. (NYSE:MCO), has conferred a "Baa2" rating to senior unsecured notes worth $1 billion issued recently by Prudential Financial Inc. (NYSE:PRU). The rating holds an investment grade status and carries a "stable" outlook. |
GENZ In Deal For Sale Of Diag Biz Posted: 19 Nov 2010 10:55 AM PST Genzyme Corporation (NASDAQ:GENZ) recently announced that it has entered into an agreement with Japanese company, Sekisui Chemical Co., Ltd. for the sale of its diagnostic products business. Sekisui will acquire Genzyme's diagnostic products business for $265 million cash. The diagnostics business delivered $167 million in revenues in 2009. The deal is scheduled to close by year-end. |
Infineon’s Solid Fourth Quarter Posted: 19 Nov 2010 10:55 AM PST Infineon Technologies AG (IFNNY) reported fourth quarter fiscal 2010 earnings per share from continuing operations of €0.16 (20 cents) compared with €0.09 in the sequentially preceding quarter and €0.01 in fourth quarter fiscal 2009. The earnings reported by the company were in line with the Zacks Consensus Estimate of 20 cents. |
CAT’s New $300M Facility In China Posted: 19 Nov 2010 10:55 AM PST Caterpillar Inc. (NYSE:CAT) announced its largest facility investment to date in China of $300 million, to meet the burgeoning worldwide demand for its 3500 series engine. The company will build a state-of-the-art manufacturing facility in Tianjin, China. |
Moscow Office Prices To Surge: JLL Posted: 19 Nov 2010 10:55 AM PST According to a report published by Jones Lang LaSalle Incorporated (NYSE:JLL), a leading real estate investment trust (REIT), global office property prices will increase the most in Moscow as investors vie for premium assets. The report anticipates that office properties in Moscow will increase by more than 20% in 2011, while those in Tokyo, Hong Kong, Singapore, London, Paris, Sao Paulo, Shanghai, New York, San Francisco, Toronto and Washington DC are expected to rise by 10% to 20%. |
“Look Short-term…avoid Too Much Exposure To Downward Pressure” Posted: 19 Nov 2010 10:43 AM PST 11/19/10 Meridian Equity Partner’s Jonathan Corpina discusses today’s equity action, and next week’s key … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 19 Nov 2010 05:40 AM PST The USD pared earlier weakness vs. the EUR. Low-yielding currencies gained as China moved to curb … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – USD/CHF Up During The U.S. Session Posted: 19 Nov 2010 10:25 AM PST Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Friday. USD/CHF was trading at 0.9990, up 0.31% at time of writing. The pair was likely to find support at 0.9763, Monday's low, and resistance at 0.9998, today's high. Meanwhile, the U.S. Dollar was down against the Euro and up against the Japanese Yen, with EUR/USD gaining 0.07% to hit 1.3650 and USD/JPY rising 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
European Markets Mixed At Close; Dax Up 0.17% Posted: 19 Nov 2010 09:55 AM PST Forex Pros – European stocks were mixed after the closing bell on Friday. At the close of European trade, Germany's DAX rose 0.17%, London's FTSE 100 shed 0.62%, France's CAC 40 declined 0.20% and the EURO STOXX 50 was down 0.33%. Meanwhile, on Wall Street, equity markets were down after the open. The Dow Jones Industrial Average was down 0.08%; the S&P 500 index shed 0.04%, while the Nasdaq 100 index declined … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – AUD/USD Down During The U.S. Session Posted: 19 Nov 2010 09:45 AM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Friday. AUD/USD was trading at 0.9844, down 0.54% at time of writing. The pair was likely to find support at 0.9726, Tuesday's low, and resistance at 0.9920, Monday's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.59% to hit 1.3864 and AUD/JPY falling 0.56% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Fed Chairman Bernanke Defends QE2 In Frankfurt Speech Posted: 19 Nov 2010 09:31 AM PST Fed Chairman Bernanke held a speech in Frankfurt where he defended the Federal Reserve's recent announcement to expand its quantitative easing by $600 billion. The news has been received with derision from central bankers in emerging markets, as they believe this move's sole intention is to weaken the US Dollar, which will prop up inflation and cause higher interest rates. Critics within the US say that it can fuel domestic inflation and risks creating asset bubbles. In … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 19 Nov 2010 09:20 AM PST We have recently upgraded Merge Healthcare (NASDAQ:MRGE) to Outperform with a target price of $4.75. |
The GM Stock Offering: Why We Can’t All Be Winners Posted: 19 Nov 2010 09:12 AM PST I have a big problem with the whole General Motors Corporation (NYSE:GM) government-assisted bankruptcy and yesterday's new public offering. GM originally listed on the NYSE back in 1916. Through its roughly 100-year history, the storied automaker had its ups and downs like every other business. But the buffoon management of the early 2000s ruined the company. Unlike Ford (NYSE:F), which prepared for and weathered the downturn in the economy, GM lost over $80.0 billion between 2006 and … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Salesforce Tops Revenue And EPS Posted: 19 Nov 2010 09:05 AM PST Salesforce.com (NYSE:CRM) reported third quarter fiscal 2011 adjusted net income of 20 cents per share, above the Zacks Consensus Estimate of 19 cents. |
Rating Agencies Downgrade Regions Posted: 19 Nov 2010 09:05 AM PST Rating agencies have downgraded Regions Financial Corporation (NYSE:RF) following leadership changes in its Risk Management Group subsequent to the resignation of its chief risk officer. |
Forex – EUR/USD Up At The End Of European Session Posted: 19 Nov 2010 09:00 AM PST Forex Pros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3654, up 0.09% at time of writing. The pair was likely to find support at 1.3448, Tuesday's low, and resistance at 1.3751, Monday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.60% to hit 0.8555 and EUR/JPY rising 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – GBP/USD Down At The End Of European Session Posted: 19 Nov 2010 09:00 AM PST Forex Pros – The British Pound was lower against the U.S. Dollar on Friday. GBP/USD was trading at 1.5960, down 0.50% at time of writing. The pair was likely to find support at 1.5840, Tuesday's low, and resistance at 1.6155, Monday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.60% to hit 0.8555 and GBP/JPY falling 0.53% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Maintain Outperform On Dejour (DEJ) Posted: 19 Nov 2010 08:36 AM PST by Steven Ralston, CFA |
Gap Meets Estimate, Affirms Outlook Posted: 19 Nov 2010 08:35 AM PST Gap Inc.'s (NYSE:GPS) third-quarter 2010 earnings of 48 cents per share rose 9.0% from last year’s 44 cents and met the Zacks Consensus Estimate. |
American Eagle Meets, Cuts Costs Posted: 19 Nov 2010 08:35 AM PST American Eagle Outfitters Inc.'s (NYSE:AEO) third-quarter 2010 adjusted earnings skipped to 29 cents per share from the year-ago earnings of 25 cents per share, but remained in line with the Zacks Consensus Estimate. The adjusted quarterly earnings excluded a loss of 12 cents per share on sale of investment securities. |
Baker Hughes Active In Australia Posted: 19 Nov 2010 08:35 AM PST To cope with an increasing demand for its products, Baker Hughes Inc. (NYSE:BHI) has opened a new facility in Welshpool, Australia. This is a 340,000 square feet facility, which includes offices, laboratories, training space, workshop facilities, a warehouse and storage as well as an equipment lay-down area. |
Posted: 19 Nov 2010 08:35 AM PST by Zacks Small-Cap Research |
Marvell Beats, Guidance Lowered Posted: 19 Nov 2010 08:35 AM PST Marvell Inc. (NASDAQ:MRVL) reported third quarter fiscal 2011 adjusted earnings per share (EPS) of 41 cents, ahead of the Zacks Consensus Estimate of 38 cents. The adjusted EPS excludes amortization of intangible assets and restructuring charges, but includes stock-based compensation expenses. |
Autodesk Beats Zacks Consensus Posted: 19 Nov 2010 08:35 AM PST Software design maker, Autodesk Inc. (NASDAQ:ADSK) reported third quarter 2011 earnings of 27 cents per share, beating the Zacks Consensus Estimate by 2 cents. |
MeadWestvaco Expands, Ups Dividend Posted: 19 Nov 2010 08:35 AM PST MeadWestvaco Corporation (NYSE:MWV) plans to expand its Rigesa corrugated packaging business in Brazil for a total investment of $480 million. The company will develop its existing facility located in Santa Catarina State and install a new paperboard machine, which will double the capacity of its Três Barras mill. The investment will be funded by cash as well as borrowing. |
Australian Dollar: Key ST Resistance At 10725 Posted: 19 Nov 2010 08:34 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Canadian Dollar: The Downside Prevails Posted: 19 Nov 2010 08:34 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 19 Nov 2010 08:09 AM PST We are all familiar with the market adage that “hope is not a strategy”. However, let’s acknowledge that it is the expectation that “things” will be better in the future or the hope that today’s economic data points will lead to better times are what drives prices higher. So to invest in the markets you got to have some belief or hope that you have it right. And it is certainly hope that is driving today’s market. But the hope isn’t founded on robust economic data. … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex Trading: USDJPY Continues To Non-trend. Posted: 19 Nov 2010 08:06 AM PST The USDJPY continues to non-trend in a narrow trading range. The pair is above the 100 hour MA at 83.23 area but is below the channel trendline and remains below the ceilings at 83.58 and 83.78. When a market non trends look for a transition into a trend. So watch the clues. Watch the key technical levels. Taking a look at the 5 minute chart below. The price is stuck in between a narrow range. On a break of the high or low extreme what you want to see is a … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex Trading: GBPUSD Finds Susport At The 61.8% Retracement. Posted: 19 Nov 2010 07:55 AM PST The GBPUSD fell below the 100 hour MA a thte 1.5976 level but has found support buyers at the 1.5934 level. This level corresponds with the 61.8% Fibonacci retracement of the move up from the weeks low. to the high reached earlier … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Opening Bell Market Monitor: ANN, FL, CRM Posted: 19 Nov 2010 07:20 AM PST 11/19/10 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 |
Discount For The Value Investing Congress Posted: 19 Nov 2010 07:15 AM PST Go to The Value Investing Congress and save big enter promo code W11VW1 … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 19 Nov 2010 05:39 AM PST Some of you are aware that the website was down most of the day yesterday. The problem is now fixed and I hope that never occurs in the future. I have to give a very special thanks to a fellow value investor Neal who runs two great value investing site: http://www.stockspinoffs.com/, and http://www.inelegantinvestor.com/, and his colleague who runs http://www.gadgetwisdom.com/. They not only worked tirelessly to fix the site they did not even ask for any payment, they just did it out of … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 18 Nov 2010 07:51 AM PST The morning news notes as prepared by TL…Ireland, China, South Korea, “rally in junk is over”, and muni bonds. “Morning News Notes: November 18, 2010″ click … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
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