DailyMarkets.com - Forex Traders Could Soon Push The Euro Higher Against The US Dollar

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• Forex Traders Could Soon Push The Euro Higher Against The US Dollar
• Louisiana-Pacific’s Loss Narrows
• AFC Beats, Outlook Raised
• St. Jude-AGA Deal Moves Ahead
• USD/JPY Breaks Above Key Resistance Line
• Forex – USD/CAD Up During The U.S. Session
• Dollar Rises Against Euro Again, Hits One Month High
• “Earnings Overall Have Been Strong…looking Forward To Holiday Sales Results”
• Zumiez Comps Rise, Ups Outlook
• Medicis Pharma Tops By A Cent
• XL Group Joins Hands With CIMI Pro
• Unusual Volume Movers In U.S. Stock Market On Thursday
• Forex – USD/JPY Up During The U.S. Session
• Tetra Tech Outperforms
• McDermott Tops EPS, Fails Revenue
• Earnings Scorecard: Motorola Inc.
• Onyx Pharma Beats Expectations
• Earnings Scorecard: Cognizant Tech
• Forex – EUR/JPY Down During The U.S. Session
• Hot Stocks To Know For Thursday: Ford, Chevron, Bank Of America, Boeing, Cisco, Apple, Motorola, Nokia, Alcatel-Lucent
• European Markets Mixed At Close; Dax Up 0.05%
• EUR/USD Under Pressure From Eurozone’s Sovereign Debt Concerns
• Wider Loss At Amylin
• Guidance Pulls Down Cisco Shares
• Lions Gate Delivers A Loss
• Advance Auto Beats, Opens 43 Stores
• Earnings Preview: J.C. Penney
• Chinese Inflation Drives Copper To New Highs
• Thanks, We Needed That
• Huntington’s Outlook Upgraded
• Earnings Scorecard: WellPoint
• Forex – EUR/USD Down At The End Of European Session
• Jeff Matthews On Warren Buffett
• DATATRAK (DATA) Delivers A Solid Quarter
• Campbell’s Cuts Sales Outlook
• Valeant Posts Loss
• Should You Buy AUD/USD On A Dip?
• Australian Dollar: Key ST Resistance At 10725
• Canadian Dollar: The Downside Prevails
• Earnings Scorecard: Kimco Realty
• Dollar Financial Unit Buys Stores
• Earnings Scorecard: ConocoPhillips
• Temasek To Buy BofA’s CCB Rights
• Narrower Loss At Medivation
• 5 Stocks To Watch On Thursday: Dell, Boston Scientific, Earthlink, Atmel, CBIZ
• Forex – Dollar Up Vs. Most Rivals As G-20 Summit Takes Center Stage
• Forex – GBD/USD Pares Gains As G-20 Summit Kicks Off
• Crude Rallies, Trades At Highest Level In Two Years
• Opening Bell Market Monitor: KKS, VIA, WMT, CSCO
• Forex – EUR/USD Tumbles To 5-week Low On Irish Sovereign Debt Fears

Forex Traders Could Soon Push The Euro Higher Against The US Dollar Posted: 11 Nov 2010 11:45 AM PST Good day ladies and gents of FX trading! In today's forex feature is the daily canvas of the EUR/USD pair a.k.a the "fiber". The last time I posted on this was when it broke out from the bullish symmetrical triangle formation and made a new 10-month high at 1.4248. However, as you can see from its chart, the EURUSD has slipped for a fifth straight day today after marking that high. Those who are long on the euro and short on the greenback, however, should not worry too much as the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Louisiana-Pacific’s Loss Narrows Posted: 11 Nov 2010 11:35 AM PST Louisiana-Pacific Corporation (NYSE:LPX) showed a narrower loss of $12 million or 9 cents per share (adjusted) in the third quarter of 2010 compared with $13 million or 12 cents per share in the same quarter of prior year and the Zacks Consensus Estimate of 11 cents per share. This was attributable to a transition in the housing market during the quarter. Net Sales in the quarter inched up 4% to $322.5 million. The company had a wider operating loss of $15.9 million (5% of sales) compared with … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AFC Beats, Outlook Raised Posted: 11 Nov 2010 11:35 AM PST AFC Enterprises Inc. (AFCE) posted its third quarter 2010 adjusted earnings of approximately 23 cents per share, which surpassed the Zacks Consensus Estimate of 18 cents and soared 27.8% year over year from 18 cents in the prior-year quarter. AFC Enterprises reported a net income of $5.9 million or 23 cents, well above $3.4 million or 13 cents recorded in the year-earlier quarter.  The better-than-expected results were driven by positive same-store sales and the company’s 4 strategic … [visit site to read more] or compare Best Credit Cards and Best CD Rates

St. Jude-AGA Deal Moves Ahead Posted: 11 Nov 2010 11:35 AM PST St.Jude Medical’s (NYSE:STJ) acquisition of cardiac devices maker AGA Medical Holdings (AGAM) has progressed a step further as it has cleared the key federal antitrust hurdle. The Minnesota-based medical devices major announced on November 10 that its request for an early termination of a federally required 30-day waiting period in relation to the transaction has been granted. The federal antitrust laws require the submission of the specific fillings to the Federal Trade Commission ("FTC") … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD/JPY Breaks Above Key Resistance Line Posted: 11 Nov 2010 11:30 AM PST Price action on USD/JPY (a 4-hour chart of which is shown) as of Thursday (11/11/2010) has broken out tentatively above a key downtrend resistance line extending from the May highs and has approached key resistance around the 83.00 price region, establishing a fresh one-month high. Currently, after having broken out above a consolidation near the record low, price action is now wavering between new support around 82.00 and key upside resistance around the noted 83.00 price region. A … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Up During The U.S. Session Posted: 11 Nov 2010 11:15 AM PST Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Thursday. USD/CAD was trading at 1.0048, up 0.37% at time of writing. The pair was likely to find support at 0.9977, today's low, and resistance at 1.0094, Tuesday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.98% to hit 1.3648 and GBP/USD falling 0.11% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Dollar Rises Against Euro Again, Hits One Month High Posted: 11 Nov 2010 11:13 AM PST 11/11/10 The US dollar continued its steady rise against the euro this session following growing concerns that European nations will struggle to handle … [visit site to read more] or compare Best Credit Cards and Best CD Rates

“Earnings Overall Have Been Strong…looking Forward To Holiday Sales Results” Posted: 11 Nov 2010 06:08 AM PST 11/11/10 FBN Securities’ Cort Gwon weighs in on Cisco’s sales forecast, and global rate … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Zumiez Comps Rise, Ups Outlook Posted: 11 Nov 2010 11:05 AM PST Zumiez Inc. (NASDAQ:ZUMZ), the leading retailer of apparel, footwear, equipment and accessories for action sports, reported same-store sales growth of 21.5% for the four-week period ended October 30, 2010, driven by compelling products. The October results marked the eleventh consecutive month of same-store sales growth. Results outshone a same-store sales decline of 8.9% witnessed in the year-ago period. Net sales in the reported period soared 27.3% year over year to $31.4 million. Results for the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Medicis Pharma Tops By A Cent Posted: 11 Nov 2010 11:05 AM PST Medicis Pharmaceutical Corp. (NYSE:MRX) posted third quarter 2010 earnings of 58 cents per share, beating the Zacks Consensus Estimate by a cent and exceeding the year-ago earnings of 50 cents per share by 16.5%. Higher revenues accounted for increased earnings. Revenues Quarterly revenues increased 16.8% year over year to $177.3 million, slightly below the Zacks Consensus Estimate of $180 million. Increased sales of Solodyn, Ziana, Restylane, Vanos and Dysport helped boost revenues. Medicis … [visit site to read more] or compare Best Credit Cards and Best CD Rates

XL Group Joins Hands With CIMI Pro Posted: 11 Nov 2010 11:05 AM PST XL Insurance, the global insurance arm of  XL Group (NYSE:XL), inked an underwriting agreement with CIMI Professional (CIMI Pro), the professional liability underwriting division of Chandler Insurance Managers Inc. Per the agreement, CIMI Professional will provide professional liability and general liability insurance coverages to the long-term care industry through one of the XL Insurance companies approved to write insurance coverages throughout the United States. A maximum of $5 million of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Unusual Volume Movers In U.S. Stock Market On Thursday Posted: 11 Nov 2010 10:45 AM PST Market players are focusing on G20 comments, especially with the currency war rhetoric continuing. While there is little expectation of a lot getting done at the conference, there will be some headlines. The current pullback is tempered and the bid has been nibbling, but not biting like it has in the past when such shake outs occurred. Watch the Put/Call ratios — if they start to lean to bullish too quickly, going back below .50, the downside may see a strong push, at least this is what … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Up During The U.S. Session Posted: 11 Nov 2010 10:40 AM PST Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Thursday. USD/JPY was trading at 82.56, up 0.35% 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 the British Pound, with EUR/USD shedding 0.94% to hit 1.3653 and GBP/USD falling 0.14% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Tetra Tech Outperforms Posted: 11 Nov 2010 10:35 AM PST Tetra Tech Inc. (NASDAQ:TTEK) recorded another strong quarter performance, reporting earnings per share of 37 cents, above the Zacks Consensus Estimate of 33 cents. The company outperformed its bottom-line expectation of 31 cents to 34 cents for the quarter. Earnings per share in the quarter were up 12.7% year over year as the company's front-end consulting and engineering services increased its coverage in range of customers. For full fiscal year 2010, the company reported earnings per share of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

McDermott Tops EPS, Fails Revenue Posted: 11 Nov 2010 10:35 AM PST Energy-focused engineering and construction company McDermott International (MDR) reported a mixed third quarter 2010 earnings, based on project developments. However, the results were hurt by lower sales and increased foreign currency translation expenses. Earnings per share (EPS), excluding the effects of special items, came in at 44 cents, exceeding the Zacks Consensus Estimate of 28 cents. Compared with the year-ago quarter, adjusted EPS jumped 37.5%. Including the non-cash impairment and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Scorecard: Motorola Inc. Posted: 11 Nov 2010 10:35 AM PST Motorola Inc. (NYSE:MOT) reported excellent third quarter 2010 results, beating the Zacks Consensus Estimate by 2 cents. Earnings benefited from growing market traction for its 3G Android-based smartphones. Overall, the analysts' opinion remains positive on the stock, given the company's excellent results. Third Quarter Highlights During the quarter, GAAP net income was $109 million or 5 cents per share compared with a net income of $12 million or 1 cent per share in the prior-year quarter. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Onyx Pharma Beats Expectations Posted: 11 Nov 2010 10:25 AM PST Onyx Pharmaceuticals (NASDAQ:ONXX) reported third quarter 2010 earnings of 76 cents per share, well above the year-ago earnings of 28 cents. Results surpassed the Zacks Consensus Estimate of a loss of 4 cents. The better-than-expected results were mainly due to higher revenues. Revenues came in at $122.9 million, well above the Zacks Consensus Estimate of $72 million. Revenues were boosted by a $59.2 million payment received under Onyx's exclusive license agreement with Ono Pharmaceutical Co., … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Scorecard: Cognizant Tech Posted: 11 Nov 2010 10:25 AM PST Estimates for Cognizant Technology Solutions Corporation (NASDAQ:CTSH) have been on the upswing after the company reported yet another strong quarter last week. Cognizant reported strong results for the third quarter of 2010 as both top and bottom-line beat expectations, which led to an upgrade in the annual guidance as well. Most analysts are optimistic of Cognizant's prospects, as is evident from the estimate revisions following the release of the quarterly results. Earnings Flashback Cognizant … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/JPY Down During The U.S. Session Posted: 11 Nov 2010 10:10 AM PST Forex Pros – The Euro was lower against the Japanese Yen on Thursday. EUR/JPY was trading at 112.55, down 0.75% at time of writing. The pair was likely to find support at 111.72, Tuesday's low, and resistance at 114.30, Monday's high. Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 1.02% to hit 1.3643 and EUR/GBP falling 0.85% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hot Stocks To Know For Thursday: Ford, Chevron, Bank Of America, Boeing, Cisco, Apple, Motorola, Nokia, Alcatel-Lucent Posted: 11 Nov 2010 09:55 AM PST The S&P futures traded down a percent early Wednesday as European sovereign  debt issues  dragged the Euro down a percent and risk assets came under pressure. We hit our lows on the S&P 500 (1202) mid-morning, but at no point did it feel like it would actually give the 1200 level.  Almost on queue, the Euro (1.3785, +.1 percent) bottomed at 1.3670 (shortly after Europe shut) and the S&P recouped all of its losses shortly thereafter as a rally in oil price boosted energy … [visit site to read more] or compare Best Credit Cards and Best CD Rates

European Markets Mixed At Close; Dax Up 0.05% Posted: 11 Nov 2010 09:55 AM PST Forex Pros – European stocks were mixed after the closing bell on Thursday. At the close of European trade, Germany's DAX rose 0.05%, London's FTSE 100 shed 0.03%, France's CAC 40 declined 0.54% and the EURO STOXX 50 was down 0.52%. Meanwhile, on Wall Street, equity markets were down after the open. The Dow Jones Industrial Average was down 0.88%; the S&P 500 index shed 0.76%, while the Nasdaq 100 index declined … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EUR/USD Under Pressure From Eurozone’s Sovereign Debt Concerns Posted: 11 Nov 2010 09:45 AM PST In a relatively quiet day in currency markets, on account of US banks and bond markets are closed for Veterans Day. So while many of our main currency pairs consolidated the moves from yesterday, trading in narrow ranges, the one standout was the Euro, which weakened against the USD, GBP and others. The latest developments that are weighing on Europe – France backed Germany's call to make investors share the costs of restructuring sovereign debt, Spain's economy showed a flat … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Wider Loss At Amylin Posted: 11 Nov 2010 09:35 AM PST Amylin Pharmaceuticals (NASDAQ:AMLN) reported a net loss of 31 cents per share in the third quarter of 2010, three cents below the Zacks Consensus Estimate but well above the year-earlier loss of 19 cents. Lower revenues resulted in the wider loss. Revenues of $156.1 million missed the Zacks Consensus Estimate of $159 million. Quarterly Details Total revenues for the quarter declined 19.5% mainly due to lower net product sales. Quarterly revenues consisted of $154.0 million in product sales and $2.1 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Guidance Pulls Down Cisco Shares Posted: 11 Nov 2010 09:35 AM PST Cisco Systems' (NASDAQ:CSCO) first quarter 2010 earnings (excluding one-time items and including stock based compensation) beat the Zacks Consensus estimate by 2 cents, or 5.7%. Revenue was more or less in line, missing by 0.1%. As in the past, estimate revisions were minimal prior to the announcement of earnings, leaving the Zacks Consensus estimate for the quarter at $0.35, flat with the year-ago quarter and easily exceeded by Cisco. While positive, the earnings surprise was not exceptional and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Lions Gate Delivers A Loss Posted: 11 Nov 2010 09:35 AM PST Lions Gate Entertainment Corporation (NYSE:LGF) recently delivered second-quarter 2011 results, with its bottom line swinging to a loss hurt by the rise in theatrical marketing costs. Distribution of four theatrical releases compared with two in the prior-year quarter led to an increased expenditure on marketing. The company posted a quarterly loss of 11 cents a share, reflecting a sharp drop from the earnings of 26 cents in the prior-year quarter. The quarter under review excludes a loss on … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Advance Auto Beats, Opens 43 Stores Posted: 11 Nov 2010 09:35 AM PST Advance Auto Parts Inc. (NYSE:AAP) witnessed a rise in profit to $87.6 million or $1.03 per share for the third quarter ended October 9, 2010 from $61.98 million or 65 cents per share in the same quarter of 2009. The profit was higher than the Zacks Consensus Estimate of 92 cents per share. The increase in profit was attributable to the company's aggressive store expansion strategy, enabling better availability of parts to its customers and leading to higher comparable store sales. Sales in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Preview: J.C. Penney Posted: 11 Nov 2010 09:35 AM PST J.C. Penney Company Inc. (NYSE:JCP) is slated to report its third-quarter 2010 financial results before the bell on Friday, November 12, 2010. The current Zacks Consensus Estimate for the quarter is 17 cents a share. For the quarter to be reported, the Zacks Consensus Estimate for revenue is $4,227 million. Second-Quarter 2010, a Synopsis J.C. Penney's quarterly earnings of 6 cents a share beat the Zacks Consensus Estimate by a penny, and rose sharply from the break-even posted in the prior-year … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Chinese Inflation Drives Copper To New Highs Posted: 11 Nov 2010 09:18 AM PST Fundamentals Copper futures have made a new push higher, driven by higher Chinese inflation. The industrial giant reported consumer prices rising by 4.4 percent, which is the highest level for the indicator in over 2 years. Out of control inflation driven by poor economic policy is considered a negative, but in China’s case, inflation can be seen as a sign that the economy is strengthening. Industrial production rose 13.1%, and consumer spending rose 18.6% year over year. The boost in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Thanks, We Needed That Posted: 11 Nov 2010 09:08 AM PST Messrs. Bowles and Simpson, co-chairman of the debt commission, just splashed some much needed cold water on our face. Many of us long concerned about our declining fiscal situation have been planning to get serious about it once we get out of the woods of the slumping economy. Stimulus today; fiscal rectitude some time in the future. Well, the future is suddenly now. Frankly, I haven't digested the details of what I assume is just the starting point for serious deliberations within the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Huntington’s Outlook Upgraded Posted: 11 Nov 2010 09:05 AM PST Huntington Bancshares Incorporated (NASDAQ:HBAN) rating outlook has been upgraded to “stable” from “negative” by Moody’s Investors Services, the rating unit of Moody's Corp. (NYSE:MCO). The upgrade follows the decrease in loan defaults. Huntington's senior debt ratings have been kept at “Baa2″ (Investment Grade) while the financial strength rating of its bank subsidiary is "C-" (Adequate). The long-term deposits ratings are "Baa1". The decrease in loan charge-offs and nonperforming loans … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Scorecard: WellPoint Posted: 11 Nov 2010 09:05 AM PST Following the release of third-quarter results on November 3, 2010, the majority of the analysts covering WellPoint Inc. (NYSE:WLP) have made upward revisions to their 2010 and 2011 annual estimates. However, the fourth-quarter of 2010 witnessed more of a downward trend among the analysts over the last 30-day period. Earnings Review The company performed impressively in the third quarter, beating the Zacks Consensus Earnings Estimate by 16 cents, while lagging behind the year-ago earnings by 4 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down At The End Of European Session Posted: 11 Nov 2010 09:00 AM PST Forex Pros – The Euro was lower against the U.S. Dollar on Thursday. EUR/USD was trading at 1.3664, down 0.86% at time of writing. The pair was likely to find support at 1.3643, today's low, and resistance at 1.4085, Monday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.94% to hit 0.8470 and EUR/JPY falling 0.69% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Jeff Matthews On Warren Buffett Posted: 11 Nov 2010 08:35 AM PST By Seeking Delta of http://seekingdelta.wordpress.com warren Buffett Yesterday I had the privilege of attending a talk by Jeff Matthews. Jeff runs his own hedge fund, is the author of Pilgrimage to Warren Buffett's Omaha and also maintains a very entertaining blog (Jeff Matthews Is Not Making This Up). Jeff was nice enough to provide copies of his book to the first 40 registrants, of which, unfortunately, I was not one. Therefore, I have yet to have a look at the book but I must … [visit site to read more] or compare Best Credit Cards and Best CD Rates

DATATRAK (DATA) Delivers A Solid Quarter Posted: 11 Nov 2010 08:35 AM PST Written by Ken Nagy, CFA DATATRAK International, Inc. (NASDAQ:DATA) is a global technology and services company delivering electronic clinical (eClinical) solutions to support clinical research. Its software suite and service offerings are used to collect, review, report, store and submit to regulatory agencies clinical trial data electronically. While the competition uses an integrated heterogeneous solution (information silos), DATATRAK uses a unified system. The result is seamless communication, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Campbell’s Cuts Sales Outlook Posted: 11 Nov 2010 08:35 AM PST Soup giant Campbell Soup Co. (NYSE:CPB) lowered its outlook for fiscal 2011 anticipating weak first-quarter 2011 results. The company noted that in spite of higher levels of spending on promotion, purchases of its soup by U.S. consumers remained lackluster. The sluggish economic conditions and an intensely competitive pricing environment added to its woes. For the first quarter of fiscal 2011, the company expects net sales to fall by 1.0%. As a consequence, the company now sees operating income … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Valeant Posts Loss Posted: 11 Nov 2010 08:35 AM PST Valeant Pharmaceuticals International (NYSE:VRX) recorded a loss of 28 cents per share during the third quarter of fiscal 2010, way below the Zacks Consensus Estimate of earnings of 34 cents per share and the year-ago quarter's earnings of 27 cents per share. The $95.9 million of restructuring expenses incurred during the reported quarter led to the earnings shortfall. Revenues Third quarter revenues of $208.3 million were well below the Zacks Consensus Estimate of $226 million and 2% below … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Should You Buy AUD/USD On A Dip? Posted: 11 Nov 2010 08:20 AM PST Daily and 4H: The AUD/USD is still looking strong in the daily chart, although there is a bearish divergence. Price action also suggests a correction to this sharp rally within a channel. The 4H chart shows a possible count after coming out of consolidation. We can be in wave 4 right now, so if we stalk the dip, we may have another rally after the current dip. Wave 4 should be different from wave 2, and at the moment, wave 2 appears to have been a simple wave … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Australian Dollar: Key ST Resistance At 10725 Posted: 11 Nov 2010 08:12 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: 11 Nov 2010 08:12 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Scorecard: Kimco Realty Posted: 11 Nov 2010 08:10 AM PST Kimco Realty (NYSE:KIM), a leading real estate investment trust (REIT), reported funds from operations (FFO) of 27 cents per share for fiscal 2010 third quarter, which marginally exceeded the Zacks Consensus Estimate by a penny. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income. Below we cover the results of the recent earnings announcement, as well as the subsequent … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Dollar Financial Unit Buys Stores Posted: 11 Nov 2010 08:10 AM PST In order to expand its footprint in the Canadian markets, National Money Mart, the wholly owned Canadian subsidiary of Dollar Financial Corporation (NASDAQ:DLLR), acquired nine franchise stores in the Alberta region for approximately C$13.0 million ($12.9 million). Following the acquisition, Dollar Financial expects the EBITDA for the acquired stores to be approximately C$3.0 million for a year, including transition costs. In addition, the acquired stores will provide Dollar Financial's products … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Scorecard: ConocoPhillips Posted: 11 Nov 2010 08:10 AM PST Despite better-than-expected third quarter 2010 results, the analysts revised earnings estimates for ConocoPhillips (NYSE:COP) unfavorably mainly due to a lack of meaningful growth in the exploration and production (E&P) space and reduced production guidance. Positives in the quarter included a hike in realized commodity prices and improved U.S. refining margins. Though management hinted a lower production volume in the fourth quarter, it anticipates that over the next few years, production … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Temasek To Buy BofA’s CCB Rights Posted: 11 Nov 2010 08:10 AM PST Temasek Holdings, Singapore's state investment firm, said on Thursday that it will purchase Bank of America Corporation's (NYSE:BAC) entire entitlement in China Construction Bank’s ("CCB") upcoming 61.6 billion yuan ($9.3 billion) rights issue, Reuters reported.Temasek, the third largest shareholder in CCB with a 5.65% stake, is taking the step in an effort to increase its investments in emerging markets. On the other hand, BofA is selling its rights to Temasek as it intends to raise funds … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Narrower Loss At Medivation Posted: 11 Nov 2010 08:10 AM PST Medivation Inc. (NASDAQ:MDVN) reported a loss of 16 cents per share in the third quarter of 2010, narrower than the Zacks Consensus Estimate of a loss of 21 cents and the year-ago loss of 42 cents. Lower expenses led to the narrower loss. Revenues for the quarter were $14.4 million, well below the Zacks Consensus Estimate of $16 million. Revenues were $16.3 million in the year-ago period. Quarter in Detail Revenues consisted of partial recognition of the non-refundable upfront payment of $225 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

5 Stocks To Watch On Thursday: Dell, Boston Scientific, Earthlink, Atmel, CBIZ Posted: 11 Nov 2010 08:07 AM PST Here are some stocks that I shall be keeping an eye on today. They are mostly consolidation plays and one could either get into them at support or the break of the trading ranges to the upside. Earthlink (NASDAQ:ELNK) Atmel (NASDAQ:ATML) Boston Scientific (NYSE:BSX) CBIZ (NYSE:CBZ) Dell (NASDAQ:DELL) Take care and good luck! P.S.: The futures are looking ugly right now. I am mostly in cash heading into today with my only positions being Patterson-UTI Energy (NASDAQ:PTEN) and CIT Group (NYSE:CIT). … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Dollar Up Vs. Most Rivals As G-20 Summit Takes Center Stage Posted: 11 Nov 2010 08:07 AM PST Forex Pros – The U.S. dollar was broadly higher against most of its major counterparts on Thursday, as investors shifted focus to the Group of 20 world economic summit, which got underway in Seoul. During European afternoon trade, the greenback was up against the euro, with EUR/USD tumbling 0.82% to hit a 6-week low of 1.3671. Earlier in the day, market research group Markit said that Irish borrowing costs rose to an all-time high, while the cost of insuring Portuguese and Spanish debt … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBD/USD Pares Gains As G-20 Summit Kicks Off Posted: 11 Nov 2010 07:51 AM PST Forex Pros – The pound pared gains against the U.S. dollar on Thursday, as markets shifted focus to the Group of 20 world economic summit, which got underway in Seoul. GBP/USD hit 1.6178 during European morning trade, the pair's highest since November 9; the pair subsequently consolidated at 1.6134, gaining 0.07%. Cable was likely to find support at 1.5960, Wednesday's low, and resistance at 1.6293, the high of November 5. On Thursday, G-20 leaders began a 2-day world economic summit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Rallies, Trades At Highest Level In Two Years Posted: 11 Nov 2010 07:39 AM PST 11/11/10 Front month crude traded above $88 a barrel this session and reached a 2-year high after a decline in crude stockpiles for last … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Opening Bell Market Monitor: KKS, VIA, WMT, CSCO Posted: 11 Nov 2010 02:39 AM PST 11/11/10 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

Forex – EUR/USD Tumbles To 5-week Low On Irish Sovereign Debt Fears Posted: 11 Nov 2010 07:24 AM PST Forex Pros – The euro was down against the U.S. dollar on Thursday, tumbling to a 5-week low, as ongoing fears over sovereign debt problems in peripheral euro zone nations weighed on the single currency. EUR/USD hit 1.3658 during European afternoon trade, the pair's lowest since October 5; the pair subsequently consolidated at 1.3682, tumbling 0.73%. The pair was likely to find support at 1.3559, the low of September 30, and resistance at 1.3825, Wednesday's high. Earlier in the day, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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