DailyMarkets.com - Crude Oil Inventory Watch: Petroleum Surplus Keeps Falling, Distillate Demand Surges

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• Crude Oil Inventory Watch: Petroleum Surplus Keeps Falling, Distillate Demand Surges
• The 7-Minute Technique To Making Better Investing Decisions
• WidePoint Reports In Line
• Antares Reports In Line
• Stock Picks For Thursday: Amazon.com, THQ, Apple, Crocs
• Forex – AUD/USD Down On Economic Data
• Australian Unemployment Rate Rises Unexpectedly
• Strong Signals For Hulu: Annual Revenue Expected To Double
• Forex – USD/JPY Down During The Asian Session
• Ericsson Wins Unicom Contract
• Ferrellgas Issues $500M Notes
• Genworth Financial Lowers Debt
• Earnings Scorecard: Anadarko
• Baxter Int’l Boosts Dividend
• The Day Ahead: G20, Veterans Day
• Statoil To Boost Output Off Norway
• Avon To Sell Japan Unit To TPG
• Ralph Lauren’s Profit Surges
• Systemax Misses Estimates
• Earnings Scorecard: Praxair
• TECO Energy Offers Debt Swap
• Accenture Wraps Up Mogenesis Buyout
• Closing Bell Market Monitor: M, BA, CPB, HAL
• Goodrich Expanding Polish Footprint
• Earnings Scorecard: Interpublic Group
• Loss At ALNY Narrower Than Expected
• Sum Of Parts Show Zalicus (ZLCS) Is Under-Valued
• Hot Topic’s Still-Red Comps
• Cisco Slips On Earnings, Revs
• Obama’s First Stand
• Forex – EUR/USD Up At The End Of U.S. Session
• 11/10 FX Options Report
• Allstate To Execute $1B Stock Buyback
• Suspension Impairs Grupo Centro Norte
• Deficit Reduction: A Daft Draft
• Forex – USD/JPY Up Toward The End Of U.S. Session
• U.S. Markets Close Higher; Dow Jones Up 0.09%
• Restructuring At Biogen
• Earnings Scorecard: Becton
• Limited Brands Raises Outlook
• Shutterfly Acquires WMSG
• Losses Scale Up At Hilltop
• Q3 Revenues Up At Micromet
• Forex – USD/CAD Down On Economic Data
• Gentiva Beats, Top-Line Soars
• Repsol: YPF Unit Pursues Bond Issue
• Earnings Preview: California Pizza Kitchen
• “Continue To Watch The Dollar And Gold”
• Dollar Rises On Debt Concerns For European Nations

Crude Oil Inventory Watch: Petroleum Surplus Keeps Falling, Distillate Demand Surges Posted: 10 Nov 2010 05:48 PM PST Inventories The Department of Energy reported that in the week ending November 5, 2010, U.S. crude oil inventories decreased by 3.2 million barrels, gasoline inventories decreased by 1.9 million barrels, distillate inventories decreased by 5.0 million barrels, and total petroleum inventories decreased by 11.8 million barrels. The total petroleum surplus plunged to its lowest level since the week ending August 6th. The surplus now stands at 81 million, or 7.8% above the 5-year average, down … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The 7-Minute Technique To Making Better Investing Decisions Posted: 10 Nov 2010 05:40 PM PST Investing, in its simplest form, is about finding investment ideas, analysing companies and making decisions. Your returns can thus be increased by improving any one of the three activities. In this article I want to give you some ideas on how to improve your decision making. It is something I started a few years ago that has helped me immensely. Give it a try. It may not only improve your investment returns but other areas of your life as well. I have always been an avid … [visit site to read more] or compare Best Credit Cards and Best CD Rates

WidePoint Reports In Line Posted: 10 Nov 2010 05:05 PM PST WidePoint Corp. (WYY) reported third quarter 2010 earnings of 2 cents per share and is in line with the Zacks Consensus Estimate. It also increased by 100% from prior year quarter, as the net income reported a 115% increase to $1.1 million. The strong result was attributable to the company's diversified platform for growth with major contribution coming from CyberSecurity Solutions. Quarter Highlights Net revenue increased 21.1% year-over-year to $13.8 million. Zacks Consensus Estimate had … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Antares Reports In Line Posted: 10 Nov 2010 05:05 PM PST Antares Pharma Inc. (AIS) reported a loss of 2 cents per share in the third quarter 2010, in line with the Zacks Consensus Estimate and an improvement of 2 cents from the loss of 4 cents per share from the year-ago quarter.   Total revenue increased 89% from the previous year quarter to $3.1 million, ahead of the Zacks Consensus Estimate of $3.0 million.   Product sales increased 79% from the year-ago quarter to $1.7 million. The increase was primarily attributed to the increase in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Picks For Thursday: Amazon.com, THQ, Apple, Crocs Posted: 10 Nov 2010 05:04 PM PST ( click to enlarge ) Amazon.com, Inc. (NASDAQ:AMZN) broke out again and we could see another move on Thursday. The stock hit a high of $173.37 today, which is now resistance for the continuation move. If AMZN can break resistance, we could see a strong follow through move. Also notice that today’s upside has come on light volume. Just a cautionary note. I like pullbacks to the 20 day moving average as long as the stock holds $166.93. Keep the stock on your radar for Thursday's trading … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Down On Economic Data Posted: 10 Nov 2010 05:00 PM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Thursday after the release of Australian data on Unemployment Rate. AUD/USD was trading at 1.0018, down 0.35% at time of writing. The pair was likely to find support at 0.9976, Wednesday's low, and resistance at 1.0174, Tuesday's high. Earlier in the day, official data showed that Australia's unemployment rate rose unexpectedly to a seasonally adjusted 5.40% last month from 5.10% in the preceding month. Analysts … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Australian Unemployment Rate Rises Unexpectedly Posted: 10 Nov 2010 04:45 PM PST Australia's unemployment rate rose unexpectedly last month, official data showed on Thursday. In a report, Australian Bureau of Statistics said that Australian unemployment rate rose to a seasonally adjusted 5.40%, from 5.10% in the preceding month. Analysts had expected Australian unemployment rate to fall to 5.00% last … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Strong Signals For Hulu: Annual Revenue Expected To Double Posted: 10 Nov 2010 04:30 PM PST 11/10/10 Online video site Hulu announced Wednesday that it is on pace to generate more than $240 million in revenue this year, more than double the $108 million made one year … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Down During The Asian Session Posted: 10 Nov 2010 04:10 PM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Thursday. USD/JPY was trading at 82.20, down 0.09% at time of writing. The pair was likely to find support at 80.54, Tuesday's low, and resistance at 82.80, Wednesday's high. Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.04% to hit 1.3778 and GBP/USD rising 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Ericsson Wins Unicom Contract Posted: 10 Nov 2010 04:05 PM PST L M Ericsson Telephone Company (NASDAQ:ERIC) has entered into a three-year integrated field maintenance contract with China Unicom (NYSE:CHU) to serve in five major cities of China’s eastern Anhui province. These are Wuhu, Xuancheng, Bengbu, Chuzhou, and the province capital city Hefei. Anhui is the eighth most populated province in China and has mobile penetration rate of around 50%. This is the largest managed services contract between the two companies. Ericsson will assume total responsibility for … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Ferrellgas Issues $500M Notes Posted: 10 Nov 2010 03:35 PM PST Ferrellgas Partners L.P. (NYSE:FGP) announced that its operating partner Ferrellgas L.P. and its wholly owned subsidiary Ferrellgas Finance Corp. offered $500 million of 6.50% of senior notes due 2021. The partnership raised the issue size from its original level of $470 million. The offer is slated to close on November 24, 2010, subject to certain regulatory obligation. The partnership intends to utilize the net proceeds of the issue to redeem its outstanding 6.75% senior notes due 2014 and also … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Genworth Financial Lowers Debt Posted: 10 Nov 2010 03:35 PM PST Genworth Financial Inc. (NYSE:GNW) lowered its debt level by repaying $250 million of outstanding borrowings under its five-year revolving credit facilities. The company made twin payments of $125 million under the facility. Genworth still has $480 million of borrowings outstanding under these facilities, $240 million under each of the two facilities expiring in May and August of 2012. The repayment will lower the debt levels of the company as well as alleviate interest expense. The company ended … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Scorecard: Anadarko Posted: 10 Nov 2010 03:35 PM PST Following Anadarko Petroleum Corporation's (NYSE:APC) third quarter earnings miss on November 1, 2010, analysts' sentiments regarding the company's future earnings remain mixed. Positives in the quarter included encouraging sales volumes at the company's major domestic onshore resource plays, specifically the Rocky Mountain region and the Southern and Appalachia region. Robust performance in the quarter led to the management raising the full-year 2010 sales volumes guidance to 233−236 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Baxter Int’l Boosts Dividend Posted: 10 Nov 2010 03:35 PM PST Baxter International's (NYSE:BAX) board of directors recently increased the company's quarterly dividend from 29 cents a common share to 31 cents a share, an increase of about 7%. The company will pay the dividend on January 5, 2011, to shareholders of record at the close of business on December 10, 2010.    The latest hike in dividend is part of Baxter's endeavor to convert its strong cash flow into shareholder wealth in the form of dividends and share repurchases. During the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Day Ahead: G20, Veterans Day Posted: 10 Nov 2010 03:30 PM PST 11/11/10 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

Statoil To Boost Output Off Norway Posted: 10 Nov 2010 03:05 PM PST Statoil ASA (NYSE:STO) continues to maintain a high activity level in Norway. The company is planning to install subsea gas compressors to boost output and prolong production-life at the Aasgard field in the Norwegian Sea. Statoil is initially considering this method for Midgard and Mikkel fields in the Aasgard area. Subsea gas compression has also been assessed on Gullfaks and for the Ormen Lange field together with the operator Royal Dutch Shell (RDS.A). Midgard and Mikkel fields are being … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Avon To Sell Japan Unit To TPG Posted: 10 Nov 2010 03:05 PM PST Leading beauty company Avon Products Inc. (AVP) announced the sale of its 74.67% stake in Avon Japan to a subsidiary of TPG Capital, a private investment firm. The deal has been finalized for a total cash payment of 7.3 billion yen, or approximately $90 million. TPG Capital is also offering 74 yen per share to shareholders under the terms of the tender offer launched for the remaining 25.33% of Avon Japan. This happens to be the same price at which Avon agreed to sell its shares. This move … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Ralph Lauren’s Profit Surges Posted: 10 Nov 2010 03:05 PM PST Polo Ralph Lauren Corp.’s (NYSE:RL) fiscal 2011 third-quarter earnings surged to $2.09 per share from $1.75 in the year-ago period, as higher sales and strong gross margin drove performance. Quarterly earnings also blew past the Zacks Consensus Estimate of $1.68. Quarterly Details During the quarter, Polo Ralph Lauren’s net revenues rose 11.5% year over year to $1.53 billion, which topped the Zacks Consensus Estimate of $1.47 billion. The growth was primarily driven by a 17% jump in Retail sales … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Systemax Misses Estimates Posted: 10 Nov 2010 02:35 PM PST Systemax Inc. (NYSE:SYX) reported third quarter 2010 earnings at 23 cents per share and failed to beat the Zacks Consensus Estimate of 35 cents per share. The earnings per share (EPS) also decreased 32.4% from the year-ago quarter. The EPS excludes one-time charges, after tax, of 5 cents per per diluted share for costs related to WStore integration. Quarter In Detail Systemax reported record sales of $862.7 million, increasing 14.4% from the prior-year quarter. Zacks Consensus Estimate had … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Scorecard: Praxair Posted: 10 Nov 2010 02:35 PM PST Encouraging third quarter results and expectations of continued growth have kept overall sentiments positive for Praxair Inc. (NYSE:PX), following its earnings release on October 27, 2010. Earnings Review Praxair's 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 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

TECO Energy Offers Debt Swap Posted: 10 Nov 2010 02:35 PM PST In a process to restructure its debts, TECO Energy Inc. (NYSE:TE) announced that its subsidiary Tampa Electric Company will issue 5.10% notes due in 2021 and swap it with its outstanding $250 million of 6.875% senior notes due in 2012 and $400 million of 6.375% senior notes due in 2012. The exchange offer is valid through December 8, 2010; however, Tampa Electric has also fixed an early exchange date of November 22, 2010, for swapping the notes. Existing holders of the notes, who tender their … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Accenture Wraps Up Mogenesis Buyout Posted: 10 Nov 2010 02:35 PM PST Technology outsourcing and consulting major Accenture plc (NYSE:ACN) recently announced that it completed the acquisition of Beijing Genesis Interactive Technology Co. Ltd. aka Mogenesis. An embedded software services company, Mogenesis mainly provides mobile software services and licenses the same to organizations in China. Embedded software or system becomes an integral part of the electronics device it is supplied with. Since the embedded system is dedicated to perform specific tasks, design … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Closing Bell Market Monitor: M, BA, CPB, HAL Posted: 10 Nov 2010 02:07 PM PST 11/10/10 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

Goodrich Expanding Polish Footprint Posted: 10 Nov 2010 02:05 PM PST Goodrich Corporation (NYSE:GR) has begun work on a new manufacturing plant in Rzeszow, Poland. The company bought the 13-acre site in southeast Poland in 2008. The company will invest $50 million in the operation, which will have 250 employees. The new plant will support the company's landing-gear business. Goodrich expects the plant to become operational by the second quarter of 2012. Goodrich's new plant would almost double Goodrich's footprint in Poland. The company already has a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Scorecard: Interpublic Group Posted: 10 Nov 2010 02:05 PM PST Following the stellar numbers posted by the Interpublic Group of Companies Inc. (NYSE:IPG) for the third quarter of fiscal 2010 on October 29, the estimates went up. Analysts remain optimistic of the market movements in the coming years. Both the top-line and the bottom-line results surpassed the Zacks Consensus Estimate. Third Quarter Highlights On October 29, Interpublic Group reported outstanding numbers during the third quarter of fiscal 2010. Net income was $42.4 million, significantly up … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Loss At ALNY Narrower Than Expected Posted: 10 Nov 2010 02:05 PM PST Alnylam Pharmaceuticals Inc.'s (NASDAQ:ALNY) third quarter loss of 23 cents per share was narrower than the Zacks Consensus Estimate of 39 cents but wider than the year-ago loss of 22 cents per share. The wider loss in the third quarter of 2010 was primarily attributable to the higher spend on research and development during the quarter. Revenues for the reported quarter climbed 14% to $27.7 million, above the Zacks Consensus Estimate of $26 million. Revenues were inclusive of $14 million from the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Sum Of Parts Show Zalicus (ZLCS) Is Under-Valued Posted: 10 Nov 2010 02:05 PM PST Wrtitten by Jason Napodano, CFA Zalicus (ZLCS) is in an enviable position within the biotechnology industry. The company has an approved product on the market in Exalgo, and is collecting royalties from a strong partner in Covidien. The company's pipeline contains Synavive, a mid-stage candidate with proof-of-concept data in a significant market opportunity with rheumatoid arthritis (RA) and osteoarthritis (OA). Zalicus also possess one of the market's leading research and discovery … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hot Topic’s Still-Red Comps Posted: 10 Nov 2010 02:05 PM PST Hot Topic Inc. (NASDAQ:HOTT), a shopping mall-based specialty retailer, remained in the red with same-store sales sliding 8.5% in October 2010. This marked the 18th consecutive month of falling same-store sales. The drop in same-store sales widened from a decline of 2.6% witnessed in the prior-year month. It should be noted that the company had last registered same-store sales growth of 3.1% in April 2009. Hot Topic recorded a 7.4% drop in total sales, for the month, grossing $58.9 million. The … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Cisco Slips On Earnings, Revs Posted: 10 Nov 2010 02:05 PM PST Networking gear giant Cisco Systems (NASDAQ:CSCO) reported fiscal 1st quarter 2011 earnings after the bell Wednesday, missing the Zacks Consensus Estimates slightly on both the top and bottom lines. Cisco brought in $10.75 billion in revenues in the quarter, below the $10.76 billion expected, and the company reported earnings of 34 cents per share (GAAP), short of the consensus by a penny. Investors and analysts alike had been cautiously optimistic ahead of the earnings announcement from the global … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Obama’s First Stand Posted: 10 Nov 2010 01:57 PM PST The President says a Republican proposal to extend the Bush tax cuts to everyone for two years is a "basis for conversation." I hope this doesn't mean another Obama cave-in.  Yes, the President needs to acknowledge the Republican sweep on Election Day. But he can do that by offering his own version of a compromise that's both economically sensible and politically smart. Instead of limiting the extension to $250,000 of income (the bottom 98 percent of Americans), he should offer to … [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: 10 Nov 2010 01:55 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday after the release of U.S. data on Initial Jobless Claims. EUR/USD was trading at 1.3785, up 0.09% at time of writing. The pair was likely to find support at 1.3672, today's low, and resistance at 1.4230, Friday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 435.00K last week from 459.00K in the preceding week whose figure was revised up … [visit site to read more] or compare Best Credit Cards and Best CD Rates

11/10 FX Options Report Posted: 10 Nov 2010 08:36 AM PST The USD traded higher against the EUR and JPY. The GBP strengthened on the heels of the BOE’s quarterly inflation … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Allstate To Execute $1B Stock Buyback Posted: 10 Nov 2010 01:36 PM PST After seeking approval from its board, on Tuesday, home and auto insurer, The Allstate Corp. (NYSE:ALL) announced its intention to repurchase its common stock worth $1 billion by the end of March 2012. The stock buyback program may be conducted at intervals depending upon market conditions primarily through open market purchase. Despite the economic turmoil in the last couple of years, the company has been working vigorously to tame its liquidity and capital position in an efficient manner. Since … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Suspension Impairs Grupo Centro Norte Posted: 10 Nov 2010 01:36 PM PST Mexican airport operator, Grupo Aeroportuario del Centro Norte S.A.B. de C.V.  (NASDAQ:OMAB) recorded a marginal increase in its passenger traffic in October 2010 compared with the year-ago period. Total traffic moved up by only 0.9% with Domestic traffic surging 0.7% while International traffic rising 12.3% year over year. An insignificant amount of increase in Domestic traffic was driven by the suspension of operations of the Grupo Mexicana airlines in major airports since August 28, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Deficit Reduction: A Daft Draft Posted: 10 Nov 2010 01:36 PM PST The Deficit Reduction Commission, chaired by former White House Chief of Staff Erskine Bowles and former Senator Alan Simpson, has come out with a draft proposal. In some circles, this is what has been called the "cat food commission." Like most other presidential commission reports, this one will probably just end up collecting dust. For the commissions recommendations to be sent to Congress for an up or down vote, 14 of the 18 members of the commission will have to sign off on it. I … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Up Toward The End Of U.S. Session Posted: 10 Nov 2010 01:30 PM PST Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Wednesday after the release of U.S. data on Initial Jobless Claims. USD/JPY was trading at 82.27, up 0.71% at time of writing. The pair was likely to find support at 80.54, Tuesday's low, and resistance at 82.80, today's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 435.00K last week from 459.00K in the preceding week whose figure was … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Markets Close Higher; Dow Jones Up 0.09% Posted: 10 Nov 2010 01:10 PM PST Forex Pros – U.S. stocks were up after the closing bell on Wednesday. At the close of U.S. trade, the Dow Jones Industrial Average rose 0.09%, the S&P 500 index gained 0.44%, while the Nasdaq 100 index climbed 0.50%. Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 435.00K last week from 459.00K in the preceding week whose figure was revised up from 457.00K. Analysts had expected Initial Jobless Claims to fall to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Restructuring At Biogen Posted: 10 Nov 2010 01:06 PM PST A few days after announcing third quarter results, Biogen Idec (NASDAQ:BIIB) announced its intention to streamline its operations and increase efficiencies through the implementation of a restructuring program. Biogen also revised its guidance for 2010. Key Changes As part of its restructuring initiative, Biogen said that it intends to focus on neurology and biologics going forward. In connection with this, the company intends to terminate the development of cardiovascular products. As far as the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Scorecard: Becton Posted: 10 Nov 2010 01:06 PM PST Becton Dickinson (NYSE:BDX) recently announced fourth-quarter and fiscal 2010 (ended September 30, 2010) results. Adjusted (excluding one-time items) earnings per share of $1.24 and $4.94, respectively, fell short of the corresponding Zacks Consensus Estimates of $1.25 and $5.10 while surpassing the year-ago figures of $1.20 and $4.76. Net income (on a reported basis) for the quarter surged 25% year over year to $396.7 million. The Results in Brief Becton Dickinson recorded revenues of $1.87 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Limited Brands Raises Outlook Posted: 10 Nov 2010 01:06 PM PST Limited Brands Inc. (NYSE:LTD), a specialty retailer of women's intimate and other apparel, beauty and personal care products recently raised its third-quarter 2010 earnings outlook, following better-than-expected sales results for the four-week period ended October 30, 2010. The company now expects third quarter earnings between 15 cents and 17 cents a share, up from the previously provided guidance range of 3 cents to 8 cents. The analysts covered by Zacks now expect Limited Brands to post … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Shutterfly Acquires WMSG Posted: 10 Nov 2010 01:06 PM PST Shutterfly Inc. (NASDAQ:SFLY), a leading Internet-based social expression and personal publishing service, announced that it acquired certain assets and liabilities of Dallas-based WMSG Inc. (WMSG) for $6 million of cash. WMSG is a privately held, digital direct marketing company. The acquisition will enable Shutterfly to step up the deployment of growing print-on-demand market. The deal was sealed on November 5, and was structured as an asset purchase. The transaction will not have a material … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Losses Scale Up At Hilltop Posted: 10 Nov 2010 12:35 PM PST On November 4, Hilltop Holdings Inc. (NYSE:HTH) filed its 10-Q to report the third quarter 2010 results. Net loss attributable to common stockholders increased to $7.2 million or 13 cents per share from a net loss of $0.9 million or 2 cents per share in the year-ago period. This also compared unfavourably with the Zacks Consensus Estimate of a loss of 7 cents per share. Results benefited from modest premiums growth and new channel distribution along with a swing to net realized gains against … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Q3 Revenues Up At Micromet Posted: 10 Nov 2010 12:35 PM PST Micromet Inc.'s (NASDAQ:MITI) third quarter 2010 loss per share came in at 13 cents, narrower than the year-ago loss of 32 cents. After adjusting for the change in fair value of warrants, the company reported a loss per share of 12 cents, less than the year-ago post adjustment loss of 22 cents. The Zacks Consensus Estimate hinted at a loss of 19 cents per share. The narrower loss in the reported quarter was attributable to an increase in revenues and a fall in operating expenses. Revenues at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Down On Economic Data Posted: 10 Nov 2010 12:25 PM PST Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Wednesday after the release of Canadian data on Trade Balance. USD/CAD was trading at 1.0002, down 0.79% at time of writing. The pair was likely to find support at 0.9981, Tuesday's low, and resistance at 1.0094, Tuesday's high. Earlier in the day, official data showed that Canada's trade balance fell more-than-expected to a seasonally adjusted -2.50B last month from -1.50B in the preceding month whose figure was … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Gentiva Beats, Top-Line Soars Posted: 10 Nov 2010 12:05 PM PST Gentiva Health Services Inc. (NASDAQ:GTIV) reported its third-quarter adjusted earnings of $22.2 million or 73 cents per share, well ahead of the Zacks Consensus Estimate of 63 cents. This also compares favorably with the income of $15.8 million or 53 cents in the year-ago quarter. Earnings ramped up due to strong growth in Hospice and Home Health Episodic volumes as well as progressive operating margins. Gentiva's adjusted earnings exclude pre-tax restructuring, acquisition and integration costs … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Repsol: YPF Unit Pursues Bond Issue Posted: 10 Nov 2010 12:05 PM PST YPF SA, an Argentine counterpart of Spain's largest integrated oil and gas company Repsol YPF, S.A. (NYSE:REP), plans to sell up to $600 million of bonds as the company is seeking to expand in the upstream space. Notably, YPF will sell bonds for the first time in the last 12 years.    The 10-year bonds of YPF will carry a coupon rate of 7%, 400 basis points higher than 10-year Repsol notes due in 2017. However, YPF bonds are rated Ba1 by Moody's Investors Service, three levels below … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Preview: California Pizza Kitchen Posted: 10 Nov 2010 12:05 PM PST California Pizza Kitchen Inc. (NASDAQ:CPKI), a leading casual dining restaurant chain, is slated to release its third quarter 2010 results on Thursday, November 11, after market close. The current Zacks Consensus Estimate for the third quarter is 19 cents, representing an annualized negative growth of 22.1%. With respect to earnings surprises, California Pizza has matched the Zacks Consensus Estimate three times and has outperformed it once in the trailing four quarters. The average earnings … [visit site to read more] or compare Best Credit Cards and Best CD Rates

“Continue To Watch The Dollar And Gold” Posted: 10 Nov 2010 11:23 AM PST 11/10/10 Meridian Equity Partners’ Joseph Greco discusses recent equity market movement, and weighs in on key … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Dollar Rises On Debt Concerns For European Nations Posted: 10 Nov 2010 06:16 AM PST 11/10/10 Dollar rises again this session following growing debt concerns for European … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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