DailyMarkets.com - Limited Brands Sales Rise
DailyMarkets.com - Limited Brands Sales Rise |
- Limited Brands Sales Rise
- Yum! Reaffirms 2010 Outlook
- Earnings Scorecard: Altera Corp.
- Citi To Pay $2.43M To Investors?
- Vodafone Upgraded To Outperform
- Forex – EUR/USD Down During The U.S. Session
- Dillard’s November Sales Up
- ExxonMobil Inks Deal In Indonesia
- China’s Global Energy Hunt Still On
- “Trading Volume Being Closely Watched”
- Positive Data On Shire’s Firazyr
- Allergan’s Lap-Band Finds Support
- Forex – AUD/USD Down During The U.S. Session
- Dollar Rises On Sovreign Debt Concerns
- Forex Trading: EURUSD Breaks Above Topside Resistance.
- Sempra Unit Starts Green Plant
- Ross On Positive Comps Streak
- Forex – NZD/USD Down During The U.S. Session
- European Markets Mixed At Close; Dax Up 0.10%
- Gold Through The Ages—Civilization’s Love Affair With The Yellow Metal
- American Eagle’s Flat Comparables
- Good News For Medtronic
- Consumers Continue Shopping Online
- Oil’s Rise To Two-Year Highs
- Change At Pfizer’s Helm
- Ecolab Hikes Dividend
- Forex – EUR/USD Down At The End Of European Session
- Forex Trading: EURUSD Coiling For A Move But Not Yet Ready
- Northrop Grumman Gets Navy Contract
- AutoNation Sales Up 16%
- SunPower Explores Opportunities In Italy
- Ford’s Rising Sales In China Top U.S.
- Positive Data On Celgene Drugs
- FDA Panel Reviews AstraZeneca Drug
- Australian Dollar: Bullish Bias Above 9825
- Canadian Dollar: Rebound In Sight
- Forex Trading: USDJPY Falls Below Triangle Support. Bias Bearish
- Opening Bell Market Monitor: AOL, YHOO, DG, PFE
- Crude Declines On Dollar Gains
- Forex – Dollar Up Across The Board As Spotlight On Euro Zone
- Forex Trading: EURUSD Runs Into Intraday Resistance At 1.3293 Now
- Forex – GBP/USD Hits Daily Low Ahead Of Eurogroup Meeting
- Forex – EUR/USD Down As Euro Zone Debt Woes Weigh
- An Investment Thesis For December…Not!
- Stock Market Valuation December 5th 2010
| Posted: 06 Dec 2010 12:05 PM PST Limited Brands Inc. (NYSE:LTD), a specialty retailer of women's intimate and other apparel, beauty and personal care products recently posted sales results for the four-week period ended November 27, 2010. |
| Posted: 06 Dec 2010 12:05 PM PST Kentucky-based Yum! Brands Inc. (NYSE:YUM), the fast-food giant reaffirmed its earnings growth target of 14% for fiscal 2010, indicating that adjusted earnings will be in the range of $2.43 to $2.48 per share. The strong growth guidance was driven by robust performances in its China division and new unit development in China and Yum Restaurants International (YRI). |
| Earnings Scorecard: Altera Corp. Posted: 06 Dec 2010 12:05 PM PST Last week, Altera Corporation (NASDAQ:ALTR) updated its guidance for the fourth quarter and provided guidance for 2011. The guidance was in line with expectations and hence estimate revisions were more or less muted. |
| Citi To Pay $2.43M To Investors? Posted: 06 Dec 2010 11:35 AM PST Citigroup Inc. (NYSE:C) has hit the headlines again and this time for a wrong reason. According to a report in the Wall Street Journal, its unit – Citigroup Global Markets has been ordered to pay $2.43 million to a group of investors who had suffered losses on investing in the company's MAT Five, one among a series municipal arbitrage fund. This fines refers to a ruling of the Financial Industry Regulatory Authority panel (FINRA). |
| Vodafone Upgraded To Outperform Posted: 06 Dec 2010 11:35 AM PST We are upgrading our recommendation on Vodafone Group Plc (NYSE:VOD), the largest revenue generating international wireless carrier, to Outperform from Neutral on account of strong revenue growth and upbeat outlook for future years. Currently, the stock has Zacks # 1 Rank (Strong Buy). |
| Forex – EUR/USD Down During The U.S. Session Posted: 06 Dec 2010 11:15 AM PST Forex Pros – The Euro was lower against the U.S. Dollar on Monday. EUR/USD was trading at 1.3314, down 0.75% at time of writing. The pair was likely to find support at 1.2972, Wednesday's low, and resistance at 1.3438, Friday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.45% to hit 0.8468 and EUR/JPY falling 0.67% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Posted: 06 Dec 2010 11:05 AM PST Dillard's Inc. (NYSE:DDS) reported an 8% increase in same stores sales for the four weeks ended November 27, 2010. Results of the reported month compare favorably with same stores sales declining 11% for the four weeks ended November 28, 2009. |
| ExxonMobil Inks Deal In Indonesia Posted: 06 Dec 2010 11:05 AM PST U.S. oil giant, ExxonMobil Corporation (NYSE:XOM) joined hands with PT Pertamina to develop the offshore East Natuna natural gas block in Indonesia. The deal is reflective of the companies' effort to extract natural gas from this massive block located in the South China Sea. |
| China’s Global Energy Hunt Still On Posted: 06 Dec 2010 11:05 AM PST China's global energy hunt continues with three major state-owned companies strengthening their relationship with Venezuela. The companies, namely China National Petroleum Corp. or CNPC, Sinopec (NYSE:SNP) and CNOOC Ltd. (NYSE:CEO) have signed six agreements and decided to invest $40 billion. |
| “Trading Volume Being Closely Watched” Posted: 06 Dec 2010 11:00 AM PST 12/06/10 Meridian Equity Partners’ Joseph Greco discusses ongoing euro-zone sovereign debt concerns and Bernanke’s … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Positive Data On Shire’s Firazyr Posted: 06 Dec 2010 10:35 AM PST Shire plc (NASDAQ:SHPGY) recently announced that it met its goals in the FAST 3 trial that was conducted with its hereditary angioedema (HAE) treatment, Firazyr. Hereditary angioedema is a rare genetic disease characterized by acute swelling of the hands, feet, face and larynx. Firazyr is an injectable drug that helps reduce the inflammation. FAST-3 was a randomized, double-blind, placebo controlled multicenter trial where Firazyr was administered by subcutaneous injection in 88 patients with acute … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Allergan’s Lap-Band Finds Support Posted: 06 Dec 2010 10:35 AM PST Allergan Inc. (NYSE:AGN) recently announced that a US Food and Drug Administration (FDA) panel recommended the extension of the use of the company's gastric band. The Gastroenterology and Urology Devices Panel of the Medical Devices Advisory Committee voted 8 – 2 in favor of extending the use of Allergan's Lap-Band System based on the product's benefit-risk profile. |
| Forex – AUD/USD Down During The U.S. Session Posted: 06 Dec 2010 10:35 AM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Monday. AUD/USD was trading at 0.9900, down 0.31% at time of writing. The pair was likely to find support at 0.9539, Wednesday's low, and resistance at 0.9938, Friday's high. Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.46% to hit 1.3447 and AUD/JPY falling 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Dollar Rises On Sovreign Debt Concerns Posted: 06 Dec 2010 05:33 AM PST 12/06/10 The euro continued to decline this session against the dollar following growing divisions concerning the ssteps to stop the sovreign debt … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Forex Trading: EURUSD Breaks Above Topside Resistance. Posted: 06 Dec 2010 10:07 AM PST |
| Sempra Unit Starts Green Plant Posted: 06 Dec 2010 10:05 AM PST Sempra Energy (NYSE:SRE) announced that its unit Sempra Generation has started operation of the 48 Megawatt (MW) photovoltaic plant in Nevada. This plant can meet the electricity requirement of 14,000 average homes. |
| Posted: 06 Dec 2010 10:05 AM PST Ross Stores Inc. (NASDAQ:ROST), the second largest off-price retailer of apparels and home accessories, recently marked the 10th consecutive quarter of positive comparable store sales trend, clocking 6.0% for the four-week period ended November 27, 2010. Ross also provided its outlook for the fourth quarter of fiscal 2010. |
| Forex – NZD/USD Down During The U.S. Session Posted: 06 Dec 2010 10:00 AM PST Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Monday. NZD/USD was trading at 0.7603, down 0.77% at time of writing. The pair was likely to find support at 0.7403, Wednesday's low, and resistance at 0.7675, Friday's high. Meanwhile, the New Zealand Dollar was down against the Australian Dollar and up against the Euro, with AUD/NZD gaining 0.30% to hit 1.3001 and EUR/NZD falling 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| European Markets Mixed At Close; Dax Up 0.10% Posted: 06 Dec 2010 09:55 AM PST Forex Pros – European stocks were mixed after the closing bell on Monday. At the close of European trade, Germany's DAX rose 0.10%, London's FTSE 100 gained 0.43%, France's CAC 40 declined 0.04% and the EURO STOXX 50 was down 0.45%. Meanwhile, on Wall Street, equity markets were down after the open. The Dow Jones Industrial Average was down 0.15%; the S&P 500 index shed 0.25%, while the Nasdaq 100 index declined … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Gold Through The Ages—Civilization’s Love Affair With The Yellow Metal Posted: 06 Dec 2010 09:50 AM PST As long as there have been people, there's been an attraction to gold. From pharaohs to hedge funds, gold has been an important tool of building and protecting wealth. This interactive gold timeline carries you through gold’s enduring path as a universal symbol of wealth. To navigate the timeline, click and drag the gold nugget across the … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| American Eagle’s Flat Comparables Posted: 06 Dec 2010 09:35 AM PST American Eagle Outfitters Inc.'s (NYSE:AEO) comparable-store sales for November came in flat against a 2.0% decrease in the year-earlier period. Total sales for the four weeks ended November 27, 2010, upped 2% to $272 million from $266 million for the four weeks ended November 28, 2009. |
| Posted: 06 Dec 2010 09:20 AM PST Leading medical devices player, Medtronic (NYSE:MDT) has received clearance from the US Food and Drug Administration (FDA) to use its CD Horizon Spinal System Pedicle screws to treat adolescent idiopathic scoliosis (AIS), which is the most common type of scoliosis in children affecting nearly 1 million in the US. Subsequent to this approval, children diagnosed with AIS will have a better treatment option. |
| Consumers Continue Shopping Online Posted: 06 Dec 2010 09:20 AM PST The recession, job cuts and poorer purchasing power notwithstanding, U.S. consumers have retained their appetite for spending. Thus says latest data from ComScore, which has disclosed online spending estimates for the first phase of the 2010 holiday season. |
| Posted: 06 Dec 2010 09:19 AM PST Trading Ideas |
| Posted: 06 Dec 2010 09:05 AM PST Pfizer Inc. (NYSE:PFE) delivered a surprise over the weekend with the sudden appointment of Ian C. Read as the new President, Chief Executive Officer (CEO) and Director of the company. The announcement was made following the sudden and unexpected retirement of the erstwhile CEO, Jeffrey B. Kindler. |
| Posted: 06 Dec 2010 09:05 AM PST Leading cleaning and sanitation products company Ecolab Inc (NYSE:ECL) has raised its quarterly dividend to 17.5 cents from 15.5 cents, representing a 13% growth. This lifts the annual dividend to 70 cents per share from the current payout of 62 cents. The revised quarterly dividend is payable on Jan 18, 2011, to shareholders of record as on Dec 21, 2010. |
| Forex – EUR/USD Down At The End Of European Session Posted: 06 Dec 2010 09:00 AM PST Forex Pros – The Euro was lower against the U.S. Dollar on Monday. EUR/USD was trading at 1.3275, down 1.04% at time of writing. The pair was likely to find support at 1.2972, Wednesday's low, and resistance at 1.3438, Friday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.46% to hit 0.8467 and EUR/JPY falling 0.84% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Forex Trading: EURUSD Coiling For A Move But Not Yet Ready Posted: 06 Dec 2010 08:53 AM PST The EURUSD is coiling for a move but the action in NY can be more characterized as consolidative. A move below 1.3248 or a move above 1.3300 will confirm any break. For a technical look as London/Europe look to exit, click on the video … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Northrop Grumman Gets Navy Contract Posted: 06 Dec 2010 08:35 AM PST Northrop Grumman Corporation's (NYSE:NOC) subsidiary AMSEC LLC has been awarded a contract by the U.S. Navy for providing engineering services, technical, logistics, maintenance and installation support to the cargo and weapons handling systems. The cost-plus-fixed-fee task order contains a base period with four one-year option periods with a total cumulative value of approximately $30.5 million. |
| Posted: 06 Dec 2010 08:35 AM PST AutoNation Inc. (NYSE:AN) sold 15,511 retail new vehicles in November, a 16% rise from the year-ago level. The sales growth was higher than 12% increase in sales in the U.S. auto industry, excluding sales to fleet buyers including rental car companies. |
| SunPower Explores Opportunities In Italy Posted: 06 Dec 2010 08:25 AM PST SunPower Corp. (SPWRA) is steadily progressing with its Italian ventures, as evident from its deal with E.ON Climate and Renewables Italia Solar Srl as well as the financing agreements signed in Italy. |
| Ford’s Rising Sales In China Top U.S. Posted: 06 Dec 2010 08:25 AM PST Ford Motor Co. (NYSE:F) has revealed that its sales in China grew 35% during November, surpassing its 24.3% sales growth in the U.S. The automaker sold 56,829 vehicles during the month in China compared with 147,338 vehicles in the U.S. Meanwhile, Ford's sales soared 39% to 525,100 vehicles in the first 11 months of the year. |
| Positive Data On Celgene Drugs Posted: 06 Dec 2010 08:24 AM PST Recently, Celgene Corporation (NASDAQ:CELG) presented encouraging data on its cancer drugs Revlimid and Istodax at the annual conference of the American Society of Hematology. |
| FDA Panel Reviews AstraZeneca Drug Posted: 06 Dec 2010 08:24 AM PST AstraZeneca (NYSE:AZN) recently announced the outcome of the review of its cancer candidate, vandetanib, by an advisory panel of the US Food and Drug Administration (FDA). AstraZeneca is looking to get vandetanib approved for the treatment of non-operable (unresectable) locally advanced or metastatic medullary thyroid cancer (MTC). |
| Australian Dollar: Bullish Bias Above 9825 Posted: 06 Dec 2010 08:19 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Canadian Dollar: Rebound In Sight Posted: 06 Dec 2010 08:19 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Forex Trading: USDJPY Falls Below Triangle Support. Bias Bearish Posted: 06 Dec 2010 08:16 AM PST |
| Opening Bell Market Monitor: AOL, YHOO, DG, PFE Posted: 06 Dec 2010 07:57 AM PST 12/06/10 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 |
| Crude Declines On Dollar Gains Posted: 06 Dec 2010 02:48 AM PST 12/06/10 Front month crude prices were slightly in the red following a continued rise for the US … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Forex – Dollar Up Across The Board As Spotlight On Euro Zone Posted: 06 Dec 2010 07:44 AM PST Forex Pros – The U.S. dollar was up against all of its major counterparts on Monday, ahead of a meeting of Eurogroup finance ministers to discuss steps to address the sovereign debt crisis in the single currency bloc. During European afternoon trade, the greenback was up against the euro, with EUR/USD plunging 0.92% to hit 1.3289. Later in the day, euro zone finance ministers were due to meet in Brussels to discuss the outlook for Portugal and whether the EUR750 billion bailout fund for … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Forex Trading: EURUSD Runs Into Intraday Resistance At 1.3293 Now Posted: 06 Dec 2010 07:41 AM PST |
| Forex – GBP/USD Hits Daily Low Ahead Of Eurogroup Meeting Posted: 06 Dec 2010 07:27 AM PST Forex Pros – The pound extended losses against the U.S. dollar on Monday, falling to a daily low, as concerns over the sovereign debt crisis in the euro zone mounted ahead of a meeting of Eurogroup finance ministers. GBP/USD hit 1.5656 during European afternoon trade, the daily low; the pair subsequently consolidated at 1.5678, shedding 0.56%. The pair was likely to find support at 1.5580, last Friday's low and resistance at 1.5836, the high of November 24. Later in the day, euro zone … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Forex – EUR/USD Down As Euro Zone Debt Woes Weigh Posted: 06 Dec 2010 07:18 AM PST Forex Pros – The euro extended losses against the U.S. dollar on Monday, as euro zone finance ministers prepared to meet in Brussels to discuss steps to address the ongoing sovereign debt crisis in the single currency bloc. EUR/USD hit 1.3247 during European afternoon trade, a fresh daily low; the pair subsequently consolidated at 1.3289, plunging 0.93%. The pair was likely to find short-term support at 1.3192, Friday's low and resistance at 1.3632, the high of November 23. Ahead of the … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| An Investment Thesis For December…Not! Posted: 06 Dec 2010 07:06 AM PST Here is an investment thesis for you: “Pro’s performance worries will drive stocks” according to Jeff Saut, chief investment strategist at Raymond James. In this short video, Saut outlines why he believes stocks will go higher. In essence, “Professional money mangers are underinvested and underperforming,” and they are facing “performance risk, bonus risk and ultimately job risk.” While this may be true, I am not too sure that it is such a great strategy. From this perspective, I … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Stock Market Valuation December 5th 2010 Posted: 06 Dec 2010 06:46 AM PST (Sorry about the delay I try to get these numbers up on the 1st of every month. I have had a really busy month.) |
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