DailyMarkets.com - Stock Picks For Wednesday: Ford, Cisco, Rambus, Sprint Nextel, Dynegy

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• Stock Picks For Wednesday: Ford, Cisco, Rambus, Sprint Nextel, Dynegy
• Forex – USD/JPY Up During The Asian Session
• Forex – AUD/USD Down During The Asian Session
• ProLogis Leases In Poland
• Ardea Biosciences Evenly Poised
• The Day Ahead: US CPI, Housing Starts
• Lockheed Focused On CIRCM Program
• Foster Wheeler Wins UAE Contract
• China Restricts Foreign Real Estate Ownership
• Magna International: Earnings Scorecard
• Neutral On American Medical
• Anadarko Neutral Again
• Earnings Preview: Intuit Inc.
• Plains To Buy More Bakken Assets
• Forex – EUR/USD Down At The End Of U.S. Session
• Closing Bell Market Monitor: FCX, WMT, HD
• Forex – AUD/USD Down At The End Of U.S. Session
• Enzon Cut To Underperform
• Analyst Interviews: Non-U.S. Banks Stock Update
• U.S. Bancorp Acquiring BofA Unit
• Mattel To Repurchase Shares
• PerkinElmer Remains Neutral
• Forex – USD/CAD Up Toward The End Of U.S. Session
• U.S. Markets Close Lower; Dow Jones Down 1.59%
• Tri-State REC Selects Athenahealth
• TJX Beats, Lifts Guidance
• Encouraging Data From Edwards
• TRW Automotive: Earnings Scorecard
• Williams To Take Position In Bakken
• Onyx Pharma Cut To Underperform
• Illinois Tool Provides 4Q Guidance
• BP Continues To Divest
• Benihana Sales Rise
• Earnings Preview: Autodesk
• Forex – EUR/USD Down During The U.S. Session
• USD/CHF Trading In A Potential Uptrend Channel
• Boost For Bayer
• Genomic Health Upped To Outperform
• El Paso Corporation Divests Assets
• Earnings Scorecard : Skyworks
• Perks And Company Parties Stage A Comeback
• Euro Rebounds On Irish Bailout Speculation
• Forex – GBP/USD Down During The U.S. Session
• Quote Of The Day
• “The Selloff Seems Like The Flavor Of The Day…short-lived”
• Pernix (PTX): An Impressive Q3. Raising Price Target
• Foreclosure Renewal: A New Housing Mess?
• CAT To Buy Bucyrus In Record Deal
• Abercrombie’s Upbeat 3Q
• Crude Drops As Dollar Rises
• Margin Of Safety
• European Markets Close Lower; Dax Down 1.87%

Stock Picks For Wednesday: Ford, Cisco, Rambus, Sprint Nextel, Dynegy Posted: 16 Nov 2010 05:05 PM PST ( click to enlarge ) Ford Motor Company (NYSE:F) witnessed a spectacular rally since 2009. There appears to be upside potential from prevailing levels as the long-term trend is not over as yet. Investors with a long-term perspective may find exit opportunities at $17.50-$18. The positive view would be under threat if the stock closes below the support zone at $14.60-$14.50. ( click to enlarge ) The bias still remaining bearish on Rambus (NASDAQ:RMBS) in short-term and nothing seems to have … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Up During The Asian Session Posted: 16 Nov 2010 05:00 PM PST Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Wednesday. USD/JPY was trading at 83.36, up 0.06% at time of writing. The pair was likely to find support at 81.66, Friday's low, and resistance at 83.59, Tuesday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.08% to hit 1.3480 and GBP/USD falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Down During The Asian Session Posted: 16 Nov 2010 04:15 PM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Wednesday. AUD/USD was trading at 0.9757, down 0.10% at time of writing. The pair was likely to find support at 0.9726, Tuesday's low, and resistance at 1.0003, Friday's high. Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.01% to hit 1.3814 and AUD/JPY rising 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

ProLogis Leases In Poland Posted: 16 Nov 2010 03:35 PM PST ProLogis (NYSE:PLD), a leading global provider of distribution facilities, has recently signed a new lease agreement spanning about 127,000 square feet in Poland. The deal was signed with an unnamed existing customer of the company for an undisclosed sum. With the deal, the 1.1-million-square-foot distribution facility is currently 96% leased. The lessee will occupy the space at ProLogis Park Sochaczew Building Three in Sochaczew, Poland. The leased property is located in close proximity to Warsaw … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Ardea Biosciences Evenly Poised Posted: 16 Nov 2010 03:35 PM PST We are maintaining our Neutral recommendation on Ardea Biosciences Inc. (NASDAQ:RDEA) with a target price of $23.00. Ardea Biosciences, headquartered in San Diego, CA, focuses on the discovery and development of small-molecule therapeutics for the treatment of gout, human immunodeficiency virus (HIV) and cancer. Ardea recently reported disappointing third quarter 2010 results. The development stage biopharmaceutical company's net loss of $18.2 million or $0.79 per share was higher than the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Day Ahead: US CPI, Housing Starts Posted: 16 Nov 2010 03:30 PM PST 11/17/10 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

Lockheed Focused On CIRCM Program Posted: 16 Nov 2010 03:05 PM PST Lockheed Martin Corporation (NYSE:LMT) has teamed up with DRS Technologies Inc. to focus on the development of the U.S. Army's Common Infrared Countermeasure (CIRCM) Technical Development requirement. The CIRCM program will provide laser defeat capability to rotary-wing aircraft operating on close terrain flying missions where man portable air defense systems represent a significant threat. Lockheed Martin's CIRCM solution is adaptable to a wide range of rotary-wing platforms like The Boeing … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Foster Wheeler Wins UAE Contract Posted: 16 Nov 2010 03:05 PM PST Global Power Group, a subsidiary of Foster Wheeler AG (NASDAQ:FWLT), won a contract to provide solar steam generator system to a plant located in Abu Dhabi, United Arab Emirates (UAE). The company will be designing and supplying the solar steam generator system for the plant and will also provide interconnecting piping, valves, primary I&C, steel structures, and site advisory services. The solar steam generator system includes preheaters, drum-type evaporators, and superheaters. A concentrated … [visit site to read more] or compare Best Credit Cards and Best CD Rates

China Restricts Foreign Real Estate Ownership Posted: 16 Nov 2010 02:35 PM PST In a concerted move to restrict the inflows of speculative investment into its economy and ease inflationary pressures, China has imposed a new set of regulations limiting foreigners from buying residential or commercial property on the mainland. The Chinese Ministry of Housing and Urban-Rural Development in association with the State Administration of Foreign Exchange issued a joint statement regarding the fresh rules that allow foreign companies to purchase only such commercial property, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Magna International: Earnings Scorecard Posted: 16 Nov 2010 02:35 PM PST Magna International Inc. (NYSE:MGA) reported its third quarter results for the year on November 4, 2010, outperforming the Zacks Consensus Estimate by 56 cents per share. The market reacted positively, with share prices rising subsequent to the earnings release. Analysts were optimistic given the company's commendable results and better outlook as most of them covering the stock have revised the estimates upward. Below we will cover the results of the recent earnings announcement, subsequent … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Neutral On American Medical Posted: 16 Nov 2010 02:35 PM PST We maintain our Neutral recommendation on leading pelvic-health devices maker American Medical Systems (NASDAQ:AMMD). Earnings for third-quarter fiscal 2010 beat the Zacks Consensus Estimate by a penny while profit plummeted 35% year over year as the year-ago profit was boosted by one-time gains from asset sale and extinguishment of debt. Revenuesimproved narrowly year over year while missing the Zacks Consensus Estimate. Sales were impacted by an unfavorable foreign exchange translation and a soft … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Anadarko Neutral Again Posted: 16 Nov 2010 02:35 PM PST We recently retained our Neutral recommendation on Anadarko Petroleum Corporation (NYSE:APC). Texas based Anadarko Petroleum has a deep and diversified asset base comprising unconventional resources, which provide the company with substantial growth potential over the medium-to-long term. Additionally, the company's low-risk and predictable production profile reflects a visible upside potential going forward. One of the largest independent oil and natural gas exploration and production (E&P) … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Preview: Intuit Inc. Posted: 16 Nov 2010 02:05 PM PST Intuit Inc. (NASDAQ:INTU) is scheduled to announce its first quarter fiscal 2011 results on November 18, and the limited estimate revisions up to this point reflect cautious sentiments on the stock. Fourth Quarter Overview Intuit reported fourth quarter fiscal 2010 adjusted loss per share of 11 cents, which was better than the Zacks Consensus Estimate of a loss of 17 cents. The results were hurt by higher overall costs and operating expenses and lower revenue due to seasonality. Historically, Intuit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Plains To Buy More Bakken Assets Posted: 16 Nov 2010 02:05 PM PST Master limited partnership Plains All American Pipeline L.P. (NYSE:PAA) has agreed to acquire entities holding crude oil gathering and transportation assets from Nexen Holdings U.S.A. Inc. The entities to be acquired primarily serve the Bakken area producers. The assets to be acquired are primarily located in Northwestern North Dakota and Northeastern Montana. These assets in question include a lease gathering business that currently handles about 55,000 barrels per day; the Robinson Lake … [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: 16 Nov 2010 01:55 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.3490, down 0.72% at time of writing. The pair was likely to find support at 1.3448, today's low, and resistance at 1.3820, Thursday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.32% to hit 0.8492 and EUR/JPY falling 0.47% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Closing Bell Market Monitor: FCX, WMT, HD Posted: 16 Nov 2010 01:51 PM PST 11/16/10 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 – AUD/USD Down At The End Of U.S. Session Posted: 16 Nov 2010 01:50 PM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Tuesday. AUD/USD was trading at 0.9767, down 0.88% at time of writing. The pair was likely to find support at 0.9726, today's low, and resistance at 1.0096, Thursday's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.16% to hit 1.3813 and AUD/JPY falling 0.63% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Enzon Cut To Underperform Posted: 16 Nov 2010 01:36 PM PST We are downgrading Enzon Pharmaceuticals (ENZN) to Underperform from Neutral because of concerns regarding the disappointing third quarter results, declining royalty revenues, the principal source of revenues at Enzon and the early stage pipeline. Based in Bridgewater, New Jersey, Enzon is a biopharmaceutical company dedicated to the discovery, development, and commercialization of therapeutics to treat cancer and other life-threatening diseases. There are a number of reasons for the negative … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Analyst Interviews: Non-U.S. Banks Stock Update Posted: 16 Nov 2010 01:35 PM PST The global banking industry has been recovering at a slow pace from the worst financial crisis that started as a credit issue in the subprime segment of the U.S. mortgage market in mid-2007 and spilled over to Europe and other economies. Though the worst of the financial crisis is behind us, there remain major challenges following the intervention of governments to rescue and stabilize the global banking system. Although non-U.S. banks are still dealing with liquidity and confidence … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Bancorp Acquiring BofA Unit Posted: 16 Nov 2010 01:35 PM PST In an effort to expand its corporate trust business, U.S. Bancorp's (NYSE:USB) lead bank, U.S. Bank, has entered into an agreement to acquire Bank of America Corp.'s (NYSE:BAC) U.S and Europe-based securitization trust administration businesses. The deal involves a cash purchase price of up to $35 million and would add revenues of more than $100 million. The deal, which is expected to close next month, is subject to regulatory approval and would require the third quarter of 2011 for integration. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Mattel To Repurchase Shares Posted: 16 Nov 2010 01:35 PM PST Mattel Inc. (NYSE:MAT) recently announced a new share repurchase program and increased its dividend, which will be changed to a quarterly from an annual basis, beginning 2011. Mattel received authorization from its board to increase its previously announced share repurchase program by an additional $500 million. The program has no expiration date. Mattel repurchased about 117 million shares of common stock for an aggregate of approximately $2.3 billion since the inception of the program in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

PerkinElmer Remains Neutral Posted: 16 Nov 2010 01:35 PM PST We reaffirm our Neutral recommendation on PerkinElmer (NYSE:PKI). Both revenues and earnings for third-quarter 2010 beat the Zacks Consensus Estimate. On the positive side, PerkinElmer has established itself as the market leader, particularly in genetic screening segments, and holds one of the top two market share positions in several important subsets of the life sciences technology and genetic screening businesses. PerkinElmer's revenue stream is geographically diversified with 60% of revenue … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Up Toward The End Of U.S. Session Posted: 16 Nov 2010 01:15 PM PST Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Tuesday. USD/CAD was trading at 1.0211, up 1.11% at time of writing. The pair was likely to find support at 0.9977, Thursday's low, and resistance at 1.0254, today's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.70% to hit 1.3492 and GBP/USD falling 1.02% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Markets Close Lower; Dow Jones Down 1.59% Posted: 16 Nov 2010 01:10 PM PST Forex Pros – U.S. stocks were down after the closing bell on Tuesday. At the close of U.S. trade, the Dow Jones Industrial Average fell 1.59%, the S&P 500 index shed 1.62%, while the Nasdaq 100 index declined 1.78%. Meanwhile, across the Atlantic, European stock markets closed lower. France's CAC 40 was down 2.63%; Germany's DAX shed 1.87%; Britain's FTSE 100 declined 2.38%; and the EURO STOXX 50 fell … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Tri-State REC Selects Athenahealth Posted: 16 Nov 2010 01:05 PM PST Leading medical billing and records software provider Athenahealth Inc (NASDAQ:ATHN) has announced its selection as a vendor for electronic health record (EHR) solutions by Tri-State Regional Extension Center ("REC"). Tri-State REC, which is operated by leading non-profit health information exchange organization "HealthBridge," is responsible for the adoption and implementation of EHR systems by all health care providers across Ohio, Kentucky and Indiana.  The collaboration (between … [visit site to read more] or compare Best Credit Cards and Best CD Rates

TJX Beats, Lifts Guidance Posted: 16 Nov 2010 01:05 PM PST The TJX Companies Inc.’s (NYSE:TJX) fiscal third-quarter earnings grew 13.6% to 92 cents a share from 81 cents in the year-ago period. The quarterly earnings were a penny above the Zacks Consensus Estimate of 91 cents. Profits were primarily driven by prudent inventory management and increased store traffic. Buoyed by the quarterly results, TJX lifted its adjusted earnings guidance for fiscal 2011 to a range of $3.33 to $3.38 per share. Previous guidance was in the range of $3.27 to $3.37 per … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Encouraging Data From Edwards Posted: 16 Nov 2010 01:05 PM PST Recently, Edwards Lifesciences (NYSE:EW) presented encouraging data from its PARTNER trial (Cohort B) at the American Heart Association in Chicago. The trial is targeted at those patients for whom conventional open-heart valve surgery is considered risky. In September, the company had presented key data on mortality rates from this study. Recent data shows that the same patient population experienced a better quality of life on being treated with Edwards' Sapien transcatheter heart valve … [visit site to read more] or compare Best Credit Cards and Best CD Rates

TRW Automotive: Earnings Scorecard Posted: 16 Nov 2010 01:05 PM PST TRW Automotive Holdings Corp. (NYSE:TRW) reported its third quarter earnings for 2010 on November 3, 2010. The company has surpassed the Zacks Consensus Estimate by a significant margin of 69 cents per share. The market reacted favorably, with share prices rising following the earnings announcement. Analysts were highly optimistic given the company's impressive results and all of them covering the stock revised the estimates upward. Below we will cover the results of the recent earnings … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Williams To Take Position In Bakken Posted: 16 Nov 2010 01:05 PM PST With the target to boost production in the coming years, energy company Williams Companies (NYSE:WMB) entered into an agreement to acquire about 85,800 net acres from private owners in the Bakken oil play of North Dakota. The company will pay $925 million for the Williston Basin properties estimated to hold net reserve potential of approximately 185 million barrels of oil equivalent (MMboe). Other assets included in the deal are 24 existing wells with a net production of 3,300 barrels per day of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Onyx Pharma Cut To Underperform Posted: 16 Nov 2010 12:35 PM PST We recently downgraded Onyx Pharmaceuticals (NASDAQ:ONXX) from Neutral to Underperform. Although third quarter EPS of 76 cents was well above expectations, we note that the better-than-expected result was mainly due to a license payment received from Ono Pharma. The payment boosted revenues by $59.2 million, thereby driving the bottom-line. Excluding the impact of the license revenue, revenues declined 7.9% to $63.7 million. The decline was primarily due to lower Nexavar sales. Nexavar global sales … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Illinois Tool Provides 4Q Guidance Posted: 16 Nov 2010 12:35 PM PST Illinois Tool Works Inc. (NYSE:ITW) reported a 13% year-over-year rise in its operating revenues for the three months ended October 31, 2010. The increase records a 10% growth attributable to a hike in base revenue and 4% to acquisitions. Currency translation had a negative 1.0% impact on the revenue. End markets were strong with solid demand for the company's products. Transportation revenue grew by 13.9% year over year, while Industrial Packaging by rose 16.8%. Power Systems and Electronics … [visit site to read more] or compare Best Credit Cards and Best CD Rates

BP Continues To Divest Posted: 16 Nov 2010 12:35 PM PST British oil giant BP Plc (NYSE:BP) agreed to divest its fuels marketing businesses in five southern African countries for $296 million to Puma Energy, subject to certain post-completion price adjustments. This move is reflective of the distressed oil major's constant endeavor to raise $25–$30 billion by the end of 2011 to pay off its Macondo oil spill related charges. The sale includes BP's fuels marketing businesses in Namibia, Botswana and Zambia as well as 50% interest in both BP Malawi … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Benihana Sales Rise Posted: 16 Nov 2010 12:05 PM PST Miami-based Benihana Inc. (NASDAQ:BNHN) posted restaurant sales of $23.0 million for the four-week period ending November 7, 2010, up 3.7% from $22.2 million in the year-ago period. This is the first four-week period of third quarter 2011. Results reflect the benefits of the Benihana Teppanyaki Renewal Program, which the company initiated in 2009 to improve the dining experience of the guests at the Benihana Teppanyaki restaurants. The company's comparable restaurant sales grew 4.8% in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Preview: Autodesk Posted: 16 Nov 2010 12:05 PM PST Autodesk Inc. (NASDAQ:ADSK) will release its third quarter fiscal 2011 results on November 18, 2010. Second Quarter Highlights On August 12, Autodesk's second quarter 2011 earnings per share (EPS) of 30 cents jumped 100.0% year over year from 15 cents and were well ahead of the company’s guidance of 19 cents to 22 cents per share. EPS also topped the Zacks Consensus Estimate of 20 cents, posting a surprise of 50.0%. Earnings exclude one-time charges but include stock-based compensation … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down During The U.S. Session Posted: 16 Nov 2010 12:00 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.3489, down 0.72% at time of writing. The pair was likely to find support at 1.3448, today's low, and resistance at 1.3820, Thursday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.38% to hit 0.8496 and EUR/JPY falling 0.48% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD/CHF Trading In A Potential Uptrend Channel Posted: 16 Nov 2010 11:45 AM PST Price action on USD/CHF (a daily chart of which is shown) as of Tuesday (11/16/2010) has formed the beginnings of a parallel uptrend channel after having recently broken out above a steep, long-term downtrend extending back to the June high, and then dropping down to an all-time low around 0.9463 in mid-October. While the previous downtrend has certainly been broken and interrupted, a reversal cannot be confirmed, as price has not yet completed a reversal pattern. A strong break and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Boost For Bayer Posted: 16 Nov 2010 11:35 AM PST Germany's Bayer (BAYRY) received a huge boost when its blood thinner Xarelto (rivaroxaban), co-developed with Johnson & Johnson (NYSE:JNJ), fared well in a pivotal, double-blind, late-stage study (n=14,264). Data from the study, presented at the annual meeting of the American Heart Association, revealed that treatment with Xarelto was more effective than warfarin (the current standard of care) for the prevention of stroke and embolism in patients with an erratic heartbeat. This cardiac … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Genomic Health Upped To Outperform Posted: 16 Nov 2010 11:35 AM PST We recently upgraded Genomic Health (NASDAQ:GHDX) to Outperform with a target price of $21.00. During the third quarter of fiscal 2010, revenues climbed 17.2% year over year to $46.3 million, beating the Zacks Consensus Estimate of $45 million based on an 18% growth in product revenues to $45.8 million derived from the Oncotype DX breast cancer test. Apart from organic growth of the business, other factors contributing to the growth are increasing reimbursements and contribution from newer … [visit site to read more] or compare Best Credit Cards and Best CD Rates

El Paso Corporation Divests Assets Posted: 16 Nov 2010 11:35 AM PST El Paso Corporation (NYSE:EP) announced that it has agreed to dispose of its remaining 49% interest in Southern LNG Company, L.L.C. (“SLNG”) and El Paso Elba Express Company, L.L.C. (Elba Express) and a 15% interest in Southern Natural Gas Company to El Paso Pipeline Partners, L.P. (NYSE:EPB) for $1.133 billion. El Paso Pipeline Partners will pay the consideration partly through cash and partly through issue of debts. The partnership will pay $415 million in cash and issue promissory notes to El Paso … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Scorecard : Skyworks Posted: 16 Nov 2010 11:35 AM PST Following the solid fourth quarter results of Skyworks Solutions (NASDAQ:SWKS), estimates have been on the rise reflecting a positive sentiment among analysts covering the stock. Skyworks also provided an upbeat guidance for the first quarter of fiscal 2011 triggering an increase in earnings estimates.  Fourth Quarter Flashback Skyworks reported revenues of $313.3 million, up 37% from the year-ago quarter and up 14% sequentially. The reported figure beat management's updated guidance of $310 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Perks And Company Parties Stage A Comeback Posted: 16 Nov 2010 11:03 AM PST 1. Company parties stage a comeback as economy recovers and dark mood eases.  Source. “With growing signs of an economic recovery, Chicago employers are again warming up to holiday parties. After two years of cutbacks, layoffs, bailouts and outright bankruptcies, the return of this annual ritual signals that corporate managers are more confident about business prospects and feel a need to invest again in morale, reward and recognition.” 2. Perks at work are reappearing.  … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Rebounds On Irish Bailout Speculation Posted: 16 Nov 2010 10:55 AM PST 11/16/10 Growing speculation that Ireland will receive a bailout has led the way for an afternoon surge for the higher-yielding euro this … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Down During The U.S. Session Posted: 16 Nov 2010 10:55 AM PST Forex Pros – The British Pound was lower against the U.S. Dollar on Tuesday. GBP/USD was trading at 1.5878, down 1.09% at time of writing. The pair was likely to find support at 1.5840, today's low, and resistance at 1.6184, Friday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.34% to hit 0.8493 and GBP/JPY falling 0.66% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Quote Of The Day Posted: 16 Nov 2010 10:44 AM PST "Capitalism without failure is like religion without sin—it doesn't work." ~Alan … [visit site to read more] or compare Best Credit Cards and Best CD Rates

“The Selloff Seems Like The Flavor Of The Day…short-lived” Posted: 16 Nov 2010 05:38 AM PST 11/16/10 DME Securities’ Alan Valdes discusses the selloff in US stocks, and the short-term outlook for the equity … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Pernix (PTX): An Impressive Q3. Raising Price Target Posted: 16 Nov 2010 10:35 AM PST Written by Brian Marckx, CFA   Pernix Therapeutics Holdings (PTX) reported financial results for the third quarter on November 12, 2010.  Net sales came in at $7.79 million versus our estimate of $5.54 million.  The $2.24 million difference is a result of $4.23 million better than forecast ($11.53 million actual versus $7.30 million estimate) gross sales, partially offset by slightly higher rebate and discount expense as a percent of gross sales, as well as collaboration … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Foreclosure Renewal: A New Housing Mess? Posted: 16 Nov 2010 10:35 AM PST Are the major banks looking at housing troubles and billions of dollars of losses yet again? That is what a new report from the Congressional Oversight Panel seems to warn. According to the report, the chaos resulting from foreclosure paperwork flaws could result in massive losses for banks and a new quandary for the housing market. Rampant paperwork lapses in evaluating the authenticity of information provided in the mortgage documents have embroiled major lenders including Bank of America … [visit site to read more] or compare Best Credit Cards and Best CD Rates

CAT To Buy Bucyrus In Record Deal Posted: 16 Nov 2010 10:35 AM PST Caterpillar Inc. (NYSE:CAT) is all set to buy Bucyrus International Inc. (NASDAQ:BUCY), a South Milwaukee-based manufacturer of surface and underground mining equipment, in a transaction worth $8.6 billion. The deal, if it gets through, would be the biggest in the company's history. The billion-dollar deal capitalizes on the rising demand for coal and minerals triggered by growth in the emerging nations. The acquisition, subject to regulatory and Bucyrus shareholder approvals, is slated to close in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Abercrombie’s Upbeat 3Q Posted: 16 Nov 2010 10:35 AM PST Abercrombie & Fitch Co. (NYSE:ANF) registered earnings of 56 cents a share in the third quarter of fiscal 2010, thereby surpassing the Zacks Consensus Estimate of 51 cents a share and handily reversing the prior-year net loss of 35 cents. The teen retailer's strong results primarily emanated from the company's strategy of price cuts and promotions, which boosted top-line growth. Result Summary Abercrombie reported double-digit net sales growth of 18% climbing to $885.8 million from $753.7 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Drops As Dollar Rises Posted: 16 Nov 2010 05:25 AM PST 11/16/10 Front month crude dropped by more than a dollar this session following yet another rise in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Margin Of Safety Posted: 16 Nov 2010 09:59 AM PST Benjamin Graham By Hugo Roque of www.vforvalue.blogspot.com "Confronted with the challenge to distill the secret of sound investment into three words, I venture the motto: Margin of Safety" Benjamin Graham It is in Chapter 8 of "The Intelligent Investo" that Benjamin Graham, the father of value investing philosophy, describes the concept of Margin of Safety: any investor, bearing in mind the objective of capital preservation, should seek, in all its investments, a reasonable … [visit site to read more] or compare Best Credit Cards and Best CD Rates

European Markets Close Lower; Dax Down 1.87% Posted: 16 Nov 2010 09:55 AM PST Forex Pros – European stocks were down after the closing bell on Tuesday. At the close of European trade, Germany's DAX fell 1.87%, London's FTSE 100 shed 2.23%, France's CAC 40 declined 2.63% and the EURO STOXX 50 was down 2.34%. Meanwhile, on Wall Street, equity markets were down after the open. The Dow Jones Industrial Average was down 1.76%; the S&P 500 index shed 1.76%, while the Nasdaq 100 index declined … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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