DailyMarkets.com - Is Genting Singapore Worth Buying Now?
DailyMarkets.com - Is Genting Singapore Worth Buying Now? |
- Is Genting Singapore Worth Buying Now?
- Forex – AUD/USD Down During The Asian Session
- Stock Picks For Friday: Cisco, Motorola, THQ, A123 Systems, Hemispherx BioPharma
- Forex – NZD/USD Up During The Asian Session
- GM Returns To The NYSE
- Massey’s Quest Takes New Direction
- Massey’s Quest Takes New Direction
- Wright Medical Remains Neutral
- The Day Ahead: Options Expiration, European Banking Conference
- Emergency Medical Remains Neutral
- Earning Scorecard: American Tower
- Grainger’s Outlook Through 2011
- Bear Of The Day: Amdocs, Ltd. (DOX)
- Bull Of The Day: Whole Foods Market (WFMI)
- Embraer Signs $1.5 Billion MoU
- India Supply Concerns Boost Sugar ETFs
- Closing Bell Market Monitor: GM, HUM, LTD
- Ross Stores In Line, Reaffirms
- Genworth Financial Issues Notes
- Forex – EUR/USD Up At The End Of U.S. Session
- Analyst Interviews: Telecommunications Industry Outlook
- Earnings Preview: Heinz
- Will The Bounce Last? Plus 5 Stocks To Buy
- PKX To Explore Oil In Uzbekistan
- Raytheon Gets Navy Contract
- Forex – EUR/JPY Up Toward The End Of U.S. Session
- Three ETFs Influenced By Black Friday
- U.S. Markets Close Higher; Dow Jones Up 1.57%
- Smucker Beats Estimates
- Red Robin Downgraded
- BHP Billiton Increases Investment
- A New Santos Discovery For PBR
- Forex – USD/JPY Up During The U.S. Session
- Qualcomm Provides A Rosy Outlook
- ArvinMeritor Tops Estimates
- Windstream To Underperform
- Aflac Upped To Outperform
- Eaton & Best Buy Team On EVs
- Forex – USD/CAD Down During The U.S. Session
- Weekly Rail Traffic Continues Steady Gains Vs. 2009
- Scripps Networks To Outperform
- AIG Postpones Equity Unit Offering
- SID Downgraded To Underperform
- Forex – GBP/USD Up During The U.S. Session
- Irish Woes Stress Euro
- “Pay Attention To The Macro Reports”
- Leading Index, NY Fed Predict Continued Growth
- IsoRay Beats By A Penny
- Sears Widens Loss, Fails Estimates
- Forex – AUD/USD Up During The U.S. Session
- Risk Appetite Rises On Eurozone Optimism & Strong Data
- Maintain Outperform On Dejour (DEJ)
- Parker Acquires Gulf Coast Seal
- New Diagnostic Test From Luminex
- PAY Pays More For Hypercom
- Synchronica Cheers Expansion Following Recent Acquisition And Contract Win
- Statoil Remains Active In Smoerbukk
- Staples Earnings Rises
- Chico Beats On Solid Sales
- GameStop Earnings Rises
- BJ’s 2010 Expansion Complete
- Forex – EUR/USD Up During The U.S. Session
- European Markets Close Higher; Dax Up 1.97%
| Is Genting Singapore Worth Buying Now? Posted: 18 Nov 2010 06:01 PM PST Genting Singapore PLC is the casino operator for Resorts World Sentosa, one of the 2 casinos in Singapore. The gaming industry seems to be picking up pace in Asia with Macau and Singapore in the main spotlight. The counter has came down a bit over the past week probably due to the downgrades. The recent news of the possible gaming policies tightening in Macau might just give Singapore casino a slight edge. Recent Genting ratings are as such: Goldman (NYSE:GS) downgrades to Sell but … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – AUD/USD Down During The Asian Session Posted: 18 Nov 2010 05:15 PM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Friday. AUD/USD was trading at 0.9887, down 0.11% 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 0.04% to hit 1.3787 and AUD/JPY falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Stock Picks For Friday: Cisco, Motorola, THQ, A123 Systems, Hemispherx BioPharma Posted: 18 Nov 2010 05:05 PM PST ( click to enlarge )
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| Forex – NZD/USD Up During The Asian Session Posted: 18 Nov 2010 04:30 PM PST Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Friday. NZD/USD was trading at 0.7786, up 0.03% at time of writing. The pair was likely to find support at 0.7632, Wednesday's low, and resistance at 0.7796, today's high. Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.05% to hit 1.2722 and EUR/NZD rising 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 18 Nov 2010 03:45 PM PST 11/18/10 General Motors was relisted on the NYSE, following the largest IPO on record. Shares of the automaker ended Thursday’s session with a gain of … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Massey’s Quest Takes New Direction Posted: 18 Nov 2010 03:35 PM PST Massey Energy Co. (NYSE:MEE) gave a new direction to the ongoing investigation to go into the cause of the April explosion at its Upper Big Branch mine in West Virginia, which killed 29 miners.
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| Massey’s Quest Takes New Direction Posted: 18 Nov 2010 03:35 PM PST Massey Energy Co. (NYSE:MEE) gave a new direction to the ongoing investigation to go into the cause of the April explosion at its Upper Big Branch mine in West Virginia, which killed 29 miners.
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| Wright Medical Remains Neutral Posted: 18 Nov 2010 03:35 PM PST We reaffirm our Neutral recommendation on Wright Medical Group (NASDAQ:WMGI). Both revenues and earnings for third-quarter 2010 missed the Zacks Consensus Estimates. Sales were adversely affected by a slowdown in U.S. orthopedic reconstruction, mainly, knees and hips.
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| The Day Ahead: Options Expiration, European Banking Conference Posted: 18 Nov 2010 10:30 AM PST 11/19/10 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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| Emergency Medical Remains Neutral Posted: 18 Nov 2010 03:05 PM PST We recently reiterated our Neutral recommendation on Emergency Medical (NYSE:EMS), a leading provider of emergency medical services in the US.
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| Earning Scorecard: American Tower Posted: 18 Nov 2010 03:05 PM PST American Tower Corp. (NYSE:AMT) reported solid third quarter 2010 financial results, which outperformed the Zacks Consensus Estimate, driven by healthy growth at the company's core Rental and Management business segment.
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| Grainger’s Outlook Through 2011 Posted: 18 Nov 2010 03:05 PM PST W.W. Grainger Inc. (NYSE:GWW), at its annual analyst meeting, provided an update on its fourth quarter, fiscal 2010 and fiscal 2011 EPS, sales, margins and cash flow.
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| Bear Of The Day: Amdocs, Ltd. (DOX) Posted: 18 Nov 2010 02:35 PM PST We downgrade our recommendation for Amdocs Ltd. (NYSE:DOX) on the basis of its disappointing financial outlook for the first quarter of fiscal 2011. Profitability will suffer as a result of higher expenses for productivity improvement, emerging market sales opportunity and suspension of program implementation at Clearwire.
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| Bull Of The Day: Whole Foods Market (WFMI) Posted: 18 Nov 2010 02:35 PM PST Whole Foods Market (NASDAQ:WFMI) with a strong brand image offers investors one of the strongest growth profiles in the industry, and the stock is poised to surge, as the demand for natural and organic products improves. The company is also revamping its pricing strategy and concentrating more on value offerings, while maintaining healthy margins.
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| Embraer Signs $1.5 Billion MoU Posted: 18 Nov 2010 02:35 PM PST The largest Brazilian aircraft manufacturer, Empresa Brasileira de Aeronautica S.A., or Embraer (NYSE:ERJ) and China's AVIC International Leasing Co., Ltd. (AVIC Leasing), have signed a five-year MoU valued at US$1.5 billion for financing and leasing of aircraft.
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| India Supply Concerns Boost Sugar ETFs Posted: 18 Nov 2010 02:17 PM PST Heavy rainfall and inclimate weather have taken its toll on India's second largest producing state having many investors worried that global supply for sugar will not meet demand sending prices higher and providing positive price support to the iPath DJ-UBS Sugar TR Sub-Idx ETN (SGG), the PowerShares DB Agriculture Fund (DBA) and the UBS E-TRACS CMCI Agriculture TR ETN (UAG).
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| Closing Bell Market Monitor: GM, HUM, LTD Posted: 18 Nov 2010 02:15 PM PST 11/18/10 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
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| Ross Stores In Line, Reaffirms Posted: 18 Nov 2010 02:05 PM PST Ross Stores Inc. (NASDAQ:ROST) posted third-quarter 2010 earnings of $1.02 per share, in line with the Zacks Consensus Estimate. Results were 21% higher than 84 cents reported in the year-ago period. Net income was $121.1 million, up 16% from $105.1 million in the prior-year quarter.
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| Genworth Financial Issues Notes Posted: 18 Nov 2010 02:05 PM PST Genworth Financial Inc. (NYSE:GNW) sold senior notes worth $400 million, bearing a coupon of 7.20% and maturing on February 15, 2021. The company increased the offer size from $300 million planned earlier.
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| Forex – EUR/USD Up At The End Of U.S. Session Posted: 18 Nov 2010 01:55 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Thursday. EUR/USD was trading at 1.3643, up 0.83% 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 down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.02% to hit 0.8504 and EUR/JPY rising 1.27% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Analyst Interviews: Telecommunications Industry Outlook Posted: 18 Nov 2010 01:35 PM PST The telecommunications industry encompasses a lot of technology-related businesses. Besides the legacy local and long-distance wireline phone services, telecommunications also include wireless communications, Internet services, fiber optics networks, cable TV networks and commercial satellite communications. While our overall view is neutral for the industry, a number of stocks offer attractive opportunities for the mid-to-long-run time horizon. Key Attribute The world economy is currently … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 18 Nov 2010 01:35 PM PST H.J. Heinz Company (NYSE:HNZ), one of the leading manufacturer and marketer of processed food products worldwide, is scheduled to report its second-quarter 2011 financial results on Friday, November 19, 2010. The current Zacks Consensus Estimate for the quarter is 76 cents a share.
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| Will The Bounce Last? Plus 5 Stocks To Buy Posted: 18 Nov 2010 01:35 PM PST Today's strong bounce above Dow 11,000 is not a surprise when you consider the ingredients: Another country clean-up job in Europe Now the question is: does this bounce have legs? Yes, if economic readings keep coming in like today. And yes, if corporate earnings keep beating … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| PKX To Explore Oil In Uzbekistan Posted: 18 Nov 2010 01:35 PM PST Korean steel producer, POSCO (PKX) signed agreements with the State-run National Oil Corporation and Samchully for the exploration of two oil fields in Uzbekistan. The fields covering 6,170 km2 are located offshore in the Northeastern region of Uzbekistan.
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| Posted: 18 Nov 2010 01:35 PM PST Defense contractor Raytheon Company (NYSE:RTN) got a $240 million U.S. Navy contract for production and delivery of critical components of the Aegis weapons system for the Arleigh Burke class of destroyers.
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| Forex – EUR/JPY Up Toward The End Of U.S. Session Posted: 18 Nov 2010 01:30 PM PST Forex Pros – The Euro was higher against the Japanese Yen on Thursday. EUR/JPY was trading at 113.92, up 1.24% at time of writing. The pair was likely to find support at 112.27, Tuesday's low, and resistance at 114.09, today's high. Meanwhile, the Euro was up against the U.S. Dollar and down against the British Pound, with EUR/USD gaining 0.80% to hit 1.3639 and EUR/GBP falling 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Three ETFs Influenced By Black Friday Posted: 18 Nov 2010 01:17 PM PST With Thanksgiving right around the corner, the nation's single busiest shopping day is about to unleash, and whether or not the retail sector will get a boost this holiday season is ambiguous, however, the Retail HOLDRs (RTH), the iShares Dow Jones US Consumer Services (IYC) and the SPDR S&P Select Retail (XRT) are likely to be influenced regardless of the outcome.
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| U.S. Markets Close Higher; Dow Jones Up 1.57% Posted: 18 Nov 2010 01:10 PM PST Forex Pros – U.S. stocks were up after the closing bell on Thursday. At the close of U.S. trade, the Dow Jones Industrial Average rose 1.57%, the S&P 500 index gained 1.53%, while the Nasdaq 100 index climbed 1.66%. Meanwhile, across the Atlantic, European stock markets closed higher. France's CAC 40 was up 2.80%; Germany's DAX gained 1.97%; Britain's FTSE 100 climbed 1.34%; and the EURO STOXX 50 rose … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 18 Nov 2010 01:05 PM PST The J.M. Smucker Company (NYSE:SJM) delivered non-gaap earnings per share (EPS) of $1.38 for its second quarter fiscal 2011 ended October 31, 2010, outperforming the Zacks Consensus Estimate of $1.31 and the year-ago EPS of $1.22 cents. A lower tax rate and price increases drove the outperformance. For the first quarters of fiscal 2011 and 2010, EPS excluded restructuring and merger and integration costs of 13 cents and 4 cents, respectively. Net sales remained almost flat at $1,278.9 million in … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 18 Nov 2010 01:05 PM PST We are downgrading our rating on Red Robin Gourmet Burgers Inc (NASDAQ:RRGB), a chain of casual dining restaurants founded in 1969, to Underperform from Neutral.
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| BHP Billiton Increases Investment Posted: 18 Nov 2010 12:35 PM PST A total of $635 million has been approved for investment in Western Australia's iron ore production with $570 million share of BHP Billiton Ltd. (NYSE:BHP), which agreed to invest after withdrawing from the buy-out offer for Canada’s Potash Corp. of Saskatchewan Inc. (NYSE:POT).
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| A New Santos Discovery For PBR Posted: 18 Nov 2010 12:35 PM PST Brazilian state controlled energy company Petroleo Brasileiro (NYSE:PBR) or Petrobras announced the discovery of light oil in sandstone reservoirs to the south of Santos Basin. However, the company did not disclose the estimated amount of oil found.
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| Forex – USD/JPY Up During The U.S. Session Posted: 18 Nov 2010 12:30 PM PST Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Thursday. USD/JPY was trading at 83.47, up 0.34% at time of writing. The pair was likely to find support at 82.40, Monday's low, and resistance at 83.78, today's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.75% to hit 1.3632 and GBP/USD rising 0.84% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Qualcomm Provides A Rosy Outlook Posted: 18 Nov 2010 12:05 PM PST Qualcomm Inc. (NASDAQ:QCOM) today declared that its chipset inventory level is lower than usual contradicting its prior announcement that the CDMA mobile phone chipset giant is witnessing an inventory glut during the fourth quarter of calendar year 2010 (the first quarter of fiscal 2011 for the company).
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| Posted: 18 Nov 2010 12:05 PM PST ArvinMeritor Inc. (NYSE:ARM) posted a profit of $8 million or 8 cents per share during the fourth quarter of its fiscal year ended September 30, 2010 in contrast to a loss of $11 million or 16 cents per share in the same period a year ago. The company fared well compared with the Zacks Consensus Estimate of breakeven results.
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| Posted: 18 Nov 2010 12:05 PM PST We are downgrading our long-term recommendation on Windstream Communication (NYSE:WIN), the fifth largest local telephone carrier in the U.S, to Underperform from Neutral on account of highly leverage balance sheet. Currently, the stock has a Zacks Rank # 3 (Hold), which signifies that for the short term (1-3 months), we are currently maintaining our Hold rating.
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| Posted: 18 Nov 2010 12:05 PM PST On Thursday, we upgraded our recommendation on the shares of Aflac Inc. (NYSE:AFL) to Outperform from Neutral based on its recent dividend hike coupled with the resumption of its stock buyback program, reflecting a fair liquidity and retaining investors' confidence.
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| Posted: 18 Nov 2010 12:05 PM PST Diversified power management company Eaton Corporation (NYSE:ETN) announced that it has teamed up with Best Buy Co. Inc. (NYSE:BBY) to provide logistical facilities for electrical vehicles, to be launched by Mitsubishi Motors North America, Inc, with an aim to boost sales.
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| Forex – USD/CAD Down During The U.S. Session Posted: 18 Nov 2010 12:00 PM PST Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Thursday. USD/CAD was trading at 1.0213, down 0.32% at time of writing. The pair was likely to find support at 1.0057, Monday's low, and resistance at 1.0262, Wednesday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.76% to hit 1.3634 and GBP/USD rising 0.86% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Weekly Rail Traffic Continues Steady Gains Vs. 2009 Posted: 18 Nov 2010 11:57 AM PST The volume of weekly rail traffic continues to register improvements over last year, and the gains in Week 45 (November 8- 13) announced today by the American Association of Railroads were 5.8% for carloads (297,269), and 11.9% for trailers and containers (232,888 intermodal units) compared to the same week of 2009. Steady weekly improvements in Warren Buffet’s single-most favorite indicator (“rail traffic”) indicate that there are ongoing increases in the demand for raw … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Scripps Networks To Outperform Posted: 18 Nov 2010 11:35 AM PST We upgrade our recommendation on Scripps Networks Interactive Inc. (NYSE:SNI) to Outperform following its impressive third quarter financial results of fiscal 2010, well above the Zacks Consensus Estimate.
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| AIG Postpones Equity Unit Offering Posted: 18 Nov 2010 11:35 AM PST Briskly moving ahead with its recapitalization program, on Wednesday, American International Group Inc. (NYSE:AIG) announced a further extension of 74.48 million of its equity units exchange offering to November 23.
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| SID Downgraded To Underperform Posted: 18 Nov 2010 11:35 AM PST We recently downgraded our recommendationfor Companhia Siderurgica Nacional (NYSE:SID) or CSN, one of the leading Brazilian steel makers, from Neutral to Underperform.
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| Forex – GBP/USD Up During The U.S. Session Posted: 18 Nov 2010 11:30 AM PST Forex Pros – The British Pound was higher against the U.S. Dollar on Thursday. GBP/USD was trading at 1.6034, up 0.79% 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 up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.12% to hit 0.8496 and GBP/JPY rising 1.19% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 18 Nov 2010 11:18 AM PST Today’s Idea
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| “Pay Attention To The Macro Reports” Posted: 18 Nov 2010 11:12 AM PST 11/18/10 ICAP’s Kenneth Polcari discusses today’s rally in US stocks, and weighs in on the GM … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Leading Index, NY Fed Predict Continued Growth Posted: 18 Nov 2010 11:09 AM PST The Conference Board’s Index of Leading Indicators increased again in October, marking the fourth straight monthly gain in the gauge of future economic activity, and the 17th increase out of the last 19 months going back to April 2009 when the recession was winding down. Back-to-back monthly gains of 0.5% in the Leading Index in September and October suggest that the economic recovery will stay on track through the end of this year and continue to improve through next spring. … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 18 Nov 2010 11:05 AM PST IsoRay Inc’s (ISR) first-quarter fiscal 2011 (ended September 30) loss per share of 4 cents was a penny below the Zacks Consensus Estimate, but matched the year-ago loss. Net loss (applicable to common shareholders) trimmed 3.8% year over year to $874,540 as lower operating expenses offset the revenue decline in the quarter.
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| Sears Widens Loss, Fails Estimates Posted: 18 Nov 2010 11:05 AM PST Sears Holdings Corp.'s (NASDAQ:SHLD) fiscal 2010 third-quarter net loss widened to $1.71 per share from a net loss of 81 cents in the year-ago period, missing the Zacks Consensus Estimate of a loss of $1.07 per share. Excluding special items, adjusted loss per share came in at $1.98 per share. During the quarter, Sears' total revenue declined 5.1% year over year to $9,678 million and came in behind the Zacks Consensus Estimate of $9,903 million. The company's revenues … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – AUD/USD Up During The U.S. Session Posted: 18 Nov 2010 11:00 AM PST Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Thursday. AUD/USD was trading at 0.9884, up 0.88% 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 up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.20% to hit 1.3782 and AUD/JPY rising 1.31% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Risk Appetite Rises On Eurozone Optimism & Strong Data Posted: 18 Nov 2010 05:49 AM PST 11/18/10 The higher-yielding euro rebounded this afternoon following strong economic data and growing optimism about the health of the eurozone … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Maintain Outperform On Dejour (DEJ) Posted: 18 Nov 2010 10:31 AM PST by Steven Ralston, CFA
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| Parker Acquires Gulf Coast Seal Posted: 18 Nov 2010 10:31 AM PST Parker Hannifin (NYSE:PH) has announced the acquisition of Gulf Coast Seal Limited based in Houston, Texas.
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| New Diagnostic Test From Luminex Posted: 18 Nov 2010 10:31 AM PST Luminex Corporation (NASDAQ:LMNX), a developer of biological testing technologies, has commenced the commercial launch of its first pharmacogenetic test following its recent approval by the U.S. Food and Drug Administration (FDA). Pharmacogenetics is the study of genetic factors that influence an individual’s response to drugs.
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| Posted: 18 Nov 2010 10:31 AM PST Electronic payments processing company, VeriFone Systems, Inc. (NYSE:PAY) will finally acquire rival Hypercom Corporation (NYSE:HYC) for approximately $7.32 per share or $485 million, including net debt assumed by VeriFone. As of September 30, 2010, Hypercom had a long-term debt of $61.7 million.
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| Synchronica Cheers Expansion Following Recent Acquisition And Contract Win Posted: 18 Nov 2010 10:30 AM PST Synchronica Plc (LON:SYNC) , the mobile telecoms specialist behind the development of next-generation messaging services, has grown its customer base to 60 mobile operators following the successful acquisition of competitor iseemedia, and group-wide framework agreement with a pan-African operator group. Synchronica has currently deployed its solutions to 31 mobile operators, and once all 60 are delivered, the company's messaging solutions will be available to just over 990 million … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Statoil Remains Active In Smoerbukk Posted: 18 Nov 2010 10:30 AM PST Statoil ASA (NYSE:STO) has been fairly active on the project development front. As a part of this effort, Statoil preponed its production commencement for Smoerbukk North-East field to December 2011 from its earlier plan of 2013 start up.
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| Posted: 18 Nov 2010 10:30 AM PST Staples, Inc. (NASDAQ:SPLS), the global leader in the supply of office products, recently posted third-quarter 2010 results. The quarterly earnings of 41 cents a share came a penny ahead of the Zacks Consensus Estimate and rose 5.1% from 39 cents earned in the prior-year quarter.
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| Posted: 18 Nov 2010 10:30 AM PST Chico’s FAS Inc. (NYSE:CHS) reported third-quarter 2010 earnings of 16 cents per share, just about beating the Zacks Consensus Estimate of 15 cents. The result also compares favorably with 13 cents earned in the second quarter of 2009. Net income was $28.8 million, compared with $22.7 million in the prior-year quarter.
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| Posted: 18 Nov 2010 10:30 AM PST GameStop Corporation (NYSE:GME), the video game and entertainment software retailer, recently posted third-quarter 2010 results. The quarterly earnings of 38 cents a share came a penny ahead of the Zacks Consensus Estimate and rose 18.8% from 32 cents earned in the prior-year quarter driven by top-line growth and effective cost management.
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| Posted: 18 Nov 2010 10:30 AM PST BJ's Restaurants Inc. (NASDAQ:BJRI), which owns and operates a chain of high-end casual dining restaurants in the United States, announced that it has finally opened the tenth and last restaurant of fiscal 2010. The new restaurant covers an area of 8,500 square feet, which accommodates a seating arrangement for 280 guests in Shenandoah, Texas.
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| Forex – EUR/USD Up During The U.S. Session Posted: 18 Nov 2010 10:25 AM PST Forex Pros – The Euro was higher against the U.S. Dollar on Thursday. EUR/USD was trading at 1.3631, up 0.74% 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 down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.06% to hit 0.8501 and EUR/JPY rising 1.31% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| European Markets Close Higher; Dax Up 1.97% Posted: 18 Nov 2010 09:55 AM PST Forex Pros – European stocks were up after the closing bell on Thursday. At the close of European trade, Germany's DAX rose 1.97%, London's FTSE 100 gained 1.34%, France's CAC 40 climbed 2.80% and the EURO STOXX 50 was up 1.87%. Meanwhile, on Wall Street, equity markets were up after the open. The Dow Jones Industrial Average was up 1.65%; the S&P 500 index gained 1.79%, while the Nasdaq 100 index climbed … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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