DailyMarkets.com - Stock Picks For Tuesday: Royale Energy, Rambus, Las Vegas Sands, Micron Technology

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• Stock Picks For Tuesday: Royale Energy, Rambus, Las Vegas Sands, Micron Technology
• Why Obama Should Learn The Lesson Of 1936, Not 1996
• Rudolph Beats Estimates
• Principal Finance Beats Estimates
• Video
• The Day Ahead: Mid-term Elections, Fed Meeting
• Northeast Utilities Tops EPS Ests
• YRCW Gets Concession From Teamsters
• WPPGY’s 3Q10 Trading Update
• A Sign Of Trouble To Come
• IntercontinentalExchange Beats
• Tenneco Beats By A Penny
• PKX Expands Globally, Raises Fund
• Common Sense Investing: The Papers Of Benjamin Graham
• Forex – EUR/USD Down At The End Of U.S. Session
• Forex – USD/CHF Up Toward The End Of U.S. Session
• PMI Group Widens Loss
• Earnings Scorecard: Pool
• Pall Corp. Expands In Middle East
• Earnings Preview: Wynn Resorts
• In-line Revenues At BioMarin
• Closing Bell Market Monitor: ABK, BHI, NYT
• Forex – USD/CAD Down Toward The End Of U.S. Session
• UK Study: The Most Harmful Drug Of All Is Alcohol
• U.S. Markets Close Higher; Dow Jones Up 0.06%
• Earnings Scorecard: Chipotle
• Con Edison Beats Estimates
• Forex – USD/JPY Up On Economic Data

Stock Picks For Tuesday: Royale Energy, Rambus, Las Vegas Sands, Micron Technology Posted: 01 Nov 2010 06:05 PM PDT ( click to enlarge ) Royale Energy, Inc. (NASDAQ:ROYL) traded nicely today and closed up 5.44% on volume above the daily average. The combination of increasing price on increasing volume is generally speaking a bullish tone. In my opinion, there are solid and consistent buyers here.  The stock has broken every resistance point so far during the past trading sessions and I don’t expect that to change as I believe it could break $2.20 and move towards higher levels. Trends are emerging on … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Why Obama Should Learn The Lesson Of 1936, Not 1996 Posted: 01 Nov 2010 05:45 PM PDT Which lesson will the President learn — that of Clinton in 1996, or FDR in 1936? The choice will determine his strategy over the next two years. Hopefully, he'll find 1936 more relevant. Obama shouldn't be fooled into thinking Bill Clinton was reelected in 1996 because he moved to the center. I was there. Clinton was reelected because by then the economy had come roaring back to life. Dick Morris, Clinton's pollster and chief political advisor (who effectively took over the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Rudolph Beats Estimates Posted: 01 Nov 2010 05:05 PM PDT Rudolph Technologies, Inc (NASDAQ:RTEC) reported its third quarter 2010 earnings (GAAP figures provided by the company.) of 28 cents per share beating the Zacks Consensus Estimate of 26 cents per share. The earnings also increased 275.0% from a loss of 16 cents per share in the previous year quarter. The Non-GAAP earnings provided by the company was 34 cents per share. Revenue increased 124.4% from the previous year quarter of $23.3 to $52.3 million. The revenue also beat the Zacks Consensus of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Principal Finance Beats Estimates Posted: 01 Nov 2010 05:05 PM PDT Principal Financial Group Inc.(NYSE:PFG) reported third quarter 2010 operating earnings per share of 68 cents beating Zacks Consensus Estimates of 63 cents. EPS increased 7.4% sequentially and is in line with the same quarter last year. Operating revenues marginally increased 1.3% year-over-year to $1986.7 million and also failed to beat the Zacks Consensus Estimates of $2234 million. Management believes Principal Financial has performed well in the quarter reflecting a strong execution in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Video Posted: 01 Nov 2010 04:16 PM PDT … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Day Ahead: Mid-term Elections, Fed Meeting Posted: 01 Nov 2010 04:00 PM PDT 11/02/10 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

Northeast Utilities Tops EPS Ests Posted: 01 Nov 2010 03:05 PM PDT Northeast Utilities' (NYSE:NU) third quarter 2010 earnings of 57 cents per share beat the Zacks Consensus Estimate of 54 cents by 3 cents. Results were also above 37 cents in the prior-year quarter. Net income in the quarter was $100.5 million, up 56% from $64.8 million in the prior-year quarter. The improvement was primarily driven by higher electric sales, cost management and results of distribution rate cases that became effective on July 1, 2010. Net revenues of $1.2 billion in the quarter … [visit site to read more] or compare Best Credit Cards and Best CD Rates

YRCW Gets Concession From Teamsters Posted: 01 Nov 2010 03:05 PM PDT Trucking company YRC Worldwide Inc. (NASDAQ:YRCW) moved a step ahead with its recovery plan, with a majority of Teamster voters agreeing to vote 'yes' to extend a labor agreement. For a long time now, YRC Worldwide has been trying to reach a settlement with Teamsters. In September, it reached a tentative agreement with International Brotherhood of Teamsters that will provide 15 percent wage reduction, benefit and work rule changes. Under this agreement, the temporary cessation of the payment of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

WPPGY’s 3Q10 Trading Update Posted: 01 Nov 2010 03:05 PM PDT Ireland-based advertising titan WPP Group plc. (WPPGY) on October 29, released its trading update for the third quarter of 2010. The company reported its top-line year-over -year growth of 12.2% to £2,253.0 million (US$3,494.3 million). Results were above the Zacks Consensus Estimate of US$3,470 million. Revenue growth was attributable to strength across all geographical regions and communication services sector. On a constant currency basis, profits grew by approximately 8.1%. Excluding the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

A Sign Of Trouble To Come Posted: 01 Nov 2010 03:03 PM PDT Although today’s Institute for Supply Management’s headline Manufacturing Index for October gave the bulls cause for comfort, some underlying trends are anything but encouraging. As the chart shows, order backlogs have been falling since February while inventories have been rising since May. From where I sit, that combination is a sign of trouble to come for the U.S. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

IntercontinentalExchange Beats Posted: 01 Nov 2010 02:35 PM PDT IntercontinentalExchange Inc.'s (NYSE:ICE) second quarter operating earnings of $1.42 per share surpassed the Zacks Consensus Estimate of $1.36 per share and grew 20% year over year from $1.18 per share reported in the year-ago period. Adjusted net income of $105.9 million excludes $9.6 million of net Climate Exchange acquisition costs in the reported quarter. Including this, net income attributable to shareholders was $96.3 million or $1.29 per share, compared with $87.5 million or $1.18 per … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Tenneco Beats By A Penny Posted: 01 Nov 2010 02:35 PM PDT Tenneco Inc. (NYSE:TEN) recorded a profit of $24 million or 39 cents per share (before special items) during the third quarter of 2010, which was significantly up from $3 million or 7 cents per share in the same quarter of previous year. However, the company's profit barely exceeded Zacks Consensus Estimate by a penny during the quarter. Revenues in the quarter rose 23% to $1.54 billion on the back of higher original equipment (OE) production volumes across all the regions (especially in North … [visit site to read more] or compare Best Credit Cards and Best CD Rates

PKX Expands Globally, Raises Fund Posted: 01 Nov 2010 02:05 PM PDT POSCO (NYSE:PKX) joined forces with SK Energy by signing a memorandum of understating to study the possibilities of developing and commercializing value-added chemical products from the industrial by-products of the two companies. Through this partnership, POSCO aims to achieve international expansion and business diversification. The partnership will initially be focusing on the production of basic petrochemical products from crude light oil and coal tar and petroleum by-products. The next step … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Common Sense Investing: The Papers Of Benjamin Graham Posted: 01 Nov 2010 01:59 PM PDT … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down At The End Of U.S. Session Posted: 01 Nov 2010 01:55 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Monday after the release of U.S. data on ISM Manufacturing Index. EUR/USD was trading at 1.3894, down 0.37% at time of writing. The pair was likely to find support at 1.3734, Wednesday's low, and resistance at 1.4011, today's high. Earlier in the day, industry data showed that The U.S. ISM manufacturing PMI rose unexpectedly to 56.90 last month from 54.40 in the preceding month. Analysts had expected the ISM manufacturing PMI to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Up Toward The End Of U.S. Session Posted: 01 Nov 2010 01:40 PM PDT Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Monday after the release of U.S. data on ISM Manufacturing Index. USD/CHF was trading at 0.9926, up 1.03% at time of writing. The pair was likely to find support at 0.9804, Thursday's low, and resistance at 0.9972, today's high. Earlier in the day, industry data showed that The U.S. ISM manufacturing PMI rose unexpectedly to 56.90 last month from 54.40 in the preceding month. Analysts had expected the ISM manufacturing … [visit site to read more] or compare Best Credit Cards and Best CD Rates

PMI Group Widens Loss Posted: 01 Nov 2010 01:35 PM PDT PMI Group Inc. (NYSE:PMI) reported third-quarter net loss from continuing operations of $1.74 per share, much wider than the Zacks Consensus Estimate of a loss of 59 cents per share. Results also widened from a loss of $1.06 per share in third-quarter 2009. Loss from continuing operations was $281.1 million compared with a loss of $87.9 million in the prior-year quarter. Net premiums written in the quarter were $139.6 million, down 16% from $167.4 million in the prior-year quarter. The … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Scorecard: Pool Posted: 01 Nov 2010 01:35 PM PDT On October 21, Pool Corp. (NASDAQ:POOL) reported its third quarter fiscal 2010 earnings of 45 cents per share beating the Zacks Consensus Estimate of 42 cents. Given below is our report on the recent earnings announcement as well as subsequent analyst estimate revisions over short and long-term periods. Earnings Report Flashback Third quarter total revenue increased 6% from the prior-year quarter to $455 million, but was marginally short of the Zacks Consensus Estimate of $456 million. (Read our … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Pall Corp. Expands In Middle East Posted: 01 Nov 2010 01:35 PM PDT Pall Corporation (NYSE:PLL) expanded its activity in Middle East by opening its first office in the region. The company has been in operations since 2003 in the Middle East, a widely expanding market for engineering solutions and products from Pall. Pall Middle East FZE, the newly opened office, is located in Dubai, UAE. The new centre will provide strategic support to local customers and multinational companies, working in partnership with Pall in the area. There is an urgent requirement amongst … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Preview: Wynn Resorts Posted: 01 Nov 2010 01:35 PM PDT Wynn Resorts Limited (NASDAQ:WYNN), a leading developer, owner and operator of destination casino resorts, is slated to release its third quarter 2010 results on Tuesday, November 2, before the market open. The current Zacks Consensus Estimate for the third quarter is 41 cents per share, representing annualized growth of 24.7%. With respect to earnings surprises, over the trailing four quarters, Wynn Resorts has outperformed the Zacks Consensus Estimate for three quarters. However, the company has … [visit site to read more] or compare Best Credit Cards and Best CD Rates

In-line Revenues At BioMarin Posted: 01 Nov 2010 01:35 PM PDT BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) suffered a loss of $0.03 per share in the third quarter 2010 (excluding special items but including stock-based compensation expenses). The company earned $0.06 per share in the year-ago quarter. The Zacks Consensus Estimate pointed towards a loss of $0.02 per share. Total revenues climbed approximately 21% to $97.8 million in the reported quarter. The increase was driven by strong sales of its enzyme replacement therapies. Revenues in the reported quarter … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Closing Bell Market Monitor: ABK, BHI, NYT Posted: 01 Nov 2010 01:34 PM PDT 11/01/10 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

Forex – USD/CAD Down Toward The End Of U.S. Session Posted: 01 Nov 2010 01:20 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Monday after the release of U.S. data on ISM Manufacturing Index. USD/CAD was trading at 1.0163, down 0.30% at time of writing. The pair was likely to find support at 1.0128, today's low, and resistance at 1.0339, Wednesday's high. Earlier in the day, industry data showed that The U.S. ISM manufacturing PMI rose unexpectedly to 56.90 last month from 54.40 in the preceding month. Analysts had expected the ISM … [visit site to read more] or compare Best Credit Cards and Best CD Rates

UK Study: The Most Harmful Drug Of All Is Alcohol Posted: 01 Nov 2010 01:16 PM PDT From the Sunday Washington Post:  LONDON — “Alcohol is more dangerous than illegal drugs like heroin and crack cocaine, according to a new study. British experts evaluated substances including alcohol, cocaine, heroin, ecstasy and marijuana, ranking them based on how destructive they are to the individual who takes them and to society as a whole. Researchers analyzed how addictive a drug is and how it harms the human body, in addition to other criteria like environmental damage caused … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Markets Close Higher; Dow Jones Up 0.06% Posted: 01 Nov 2010 01:10 PM PDT Forex Pros – U.S. stocks were up after the closing bell on Monday. At the close of U.S. trade, the Dow Jones Industrial Average rose 0.06%, the S&P 500 index gained 0.09%, while the Nasdaq 100 index climbed 0.19%. Earlier in the day, industry data showed that The U.S. ISM manufacturing PMI rose unexpectedly to 56.90 last month from 54.40 in the preceding month. Analysts had expected the ISM manufacturing PMI to fall to 53.60 last month. Meanwhile, across the Atlantic, European stock … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Scorecard: Chipotle Posted: 01 Nov 2010 01:06 PM PDT On October 21, fast food restaurant chain Chipotle Mexican Grill Inc. (NYSE:CMG) reported its third quarter 2010 earnings of $1.52 per share, well ahead of the Zacks Consensus Estimate of $1.30 and the year-earlier earnings of $1.08.  Given below is our report on the recent earnings announcement as well as subsequent analyst estimate revisions and the Zacks ratings over the short and long-term periods.          Earnings Report … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Con Edison Beats Estimates Posted: 01 Nov 2010 01:06 PM PDT Consolidated Edison Inc. (NYSE:ED) in the third quarter of 2010 with adjusted EPS of $1.32 beat both the Zacks Consensus EPS estimate of $1.22 and year-ago adjusted EPS of $1.16. The 2 cent EPS variation year-over-year on the reported basis reflects the differences, where Con Edison of New York benefited from 39 cents per share as higher rates authorized higher recovery of costs and 1 cent from lower interest expense. This was partially offset by 14 cents from increased operations and maintenance … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Up On Economic Data Posted: 01 Nov 2010 12:50 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Monday after the release of U.S. data on ISM Manufacturing Index. USD/JPY was trading at 80.60, up 0.27% at time of writing. The pair was likely to find support at 80.25, Monday's low, and resistance at 81.98, Wednesday's high. Earlier in the day, industry data showed that The U.S. ISM manufacturing PMI rose unexpectedly to 56.90 last month from 54.40 in the preceding month. Analysts had expected the ISM manufacturing … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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