DailyMarkets.com - Toyota’s Rough Ride, Monthly US Sales Drop
DailyMarkets.com - Toyota’s Rough Ride, Monthly US Sales Drop |
- Toyota’s Rough Ride, Monthly US Sales Drop
- Why Obama Should Extend The Bush Tax Cut To Everyone — And Why That’s Exactly His Proposal, Stupid
- Free Market Capitalism: Best Path To Longer Life
- Stock Picks For Friday: Citigroup, GigaMedia, Atmel
- If You Think I’m Bearish…
- The Day Ahead: US Employment Report, ISM Services Index
- The Truth About The Federal Budget Deficit That Noone Is Willing To Tell
- Closing Bell Market Monitor: ANF, PEP
- Del Monte’s Top-Line Declines
- Rating Actions On Travelers
- Expeditors Downgraded On Low Yields
- Deere Hikes Dividend Again
- Motorola To Buy 4Home Inc.
- Northern Trust Acquires Waterline
- Central Florida Gets Athenahealth
- Sierra Monitor (SRMC) KAUST Reveals The Potential Of Fieldserver
- Marathon Completes Asset Deal
- Auto Sales Revive Strongly In November
- Rio Tinto On An Investment Spree
- Chunghwa Telecom Remains Neutral
- Forex Trading: Pros And Cons Of The NFP
- Virgin Media Innovates TV Offerings
- FDA Clears Quest’s Simplexa Test
- People’s United Closes Acquisitions
- The Launch Of Optimism?
- Align Downgraded To Neutral
- Boeing Gets More Orders For 737
- California Pizza Kitchen In China
- Euro Rebound Continues
- “For A Sustained Recovery…need Stronger Leadership”
- Ericsson Acquires GNDT Assets
- Lower Home Sales: The Tax Credit Dent
- Lower Home Sales: The Tax Credit Dent
- EIA: Oil, Gasoline Stocks Rise
- Desire Petroleum Confirms Rachel North Well Is Next Falklands Oil Discovery
- Four ETFs Impacted By Russia’s World Cup Victory
- EUR/USD And A Reverse “Naked” Head And Shoulder
- Conoco: First LNG Shipment From QG3
- McDermott Upgraded To Neutral
- Monster Employment Index Increases By 13% In November: 10th Straight Month Of Annual Growth
- D.C.’s Mom ‘n’ Pops Aren’t Afraid Of Walmart; They’re Afraid Of Wal-Mart’s Greedy Customers
- Morning News Notes: 12.2.10
Toyota’s Rough Ride, Monthly US Sales Drop Posted: 02 Dec 2010 06:04 PM PST 12/03/10 Toyota motor Co. announced that its US sales dropped 3% in November, making it the only major automaker to report a sales drop for the … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Why Obama Should Extend The Bush Tax Cut To Everyone — And Why That’s Exactly His Proposal, Stupid Posted: 02 Dec 2010 05:54 PM PST The President should propose that the Bush tax cuts be extended for EVERYONE — but only on their first $250,000 of income. |
Free Market Capitalism: Best Path To Longer Life Posted: 02 Dec 2010 05:38 PM PST |
Stock Picks For Friday: Citigroup, GigaMedia, Atmel Posted: 02 Dec 2010 05:05 PM PST ( click to enlarge ) |
Posted: 02 Dec 2010 04:37 PM PST …you should hear what the American public had to say about the economy in a new poll by StrategyOne [italics mine]: |
The Day Ahead: US Employment Report, ISM Services Index Posted: 02 Dec 2010 03:30 PM PST 12/03/10 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 |
The Truth About The Federal Budget Deficit That Noone Is Willing To Tell Posted: 02 Dec 2010 03:13 PM PST Rarely before in American history has there been more disconnect between Washington and the rest of the nation. Washington is obsessing about the projected federal budget deficit. Everyone else in America is worried about jobs. |
Closing Bell Market Monitor: ANF, PEP Posted: 02 Dec 2010 02:24 PM PST 12/02/10 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 |
Posted: 02 Dec 2010 01:35 PM PST Del Monte Foods Co. (NYSE:DLM), producer, distributor and marketer of branded pet products and food products posted results for the second-quarter of 2011, a 13-week quarter ending on October 31, 2010. Quarterly Details San Francisco-based Del Monte's earnings grew 32.2% year over year to 41 cents from 31 cents a share in the year-ago period and missed the Zacks Consensus Estimate by 6 cents. Profit was primarily driven by higher income from continuing operations. For fiscal 2011, EPS from … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 02 Dec 2010 01:35 PM PST The financial strength ratings (FSR) of A (Excellent) and issuer credit ratings (ICR) of "a" of Travelers Auto Insurance Co. of New Jersey and Travelers of New Jersey Group, wholly owned subsidiaries of The Travelers Companies Inc. (NYSE:TRV), have been withdrawn by A.M. Best Co. The rating agency has assigned an NR-5 (Not Formally Followed) to the FSRs and an "nr" to the ICRs. |
Expeditors Downgraded On Low Yields Posted: 02 Dec 2010 01:35 PM PST We are downgrading our long-term recommendation on Expeditors International of Washington's (NASDAQ:EXPD), a third-party logistics provider, to Neutral from Outperform on contracting gross margins. Currently, the stock has a Zacks #3 Rank (Hold). |
Posted: 02 Dec 2010 01:05 PM PST Deere & Co. (NYSE:DE) in an effort to return more value to its shareholders hiked its quarterly dividend by 5 cents to 35 cents. This translates to a 17% increase from the prior dividend of 30 cents. The increased dividend will be paid on February 1, 2011, to stockholders of record on December 31, 2010. Deere's shares jumped 1.9% to $76.14 on the news. |
Posted: 02 Dec 2010 01:05 PM PST Motorola Mobility Inc., a subsidiary of Motorola Inc. (NYSE:MOT) agreed to acquire Sunnyvale based 4Home Inc. for an undisclosed amount. 4Home provides software and services relating to energy management, home security and monitoring as well as media and entertainment management. The deal is expected to close by the end of the year. |
Northern Trust Acquires Waterline Posted: 02 Dec 2010 01:05 PM PST Chicago-based Northern Trust Corporation (NASDAQ:NTRS) has acquired Los Angeles-based Waterline Partners, LLC, an investment advisory firm, catering to the needs of high profile clients. The company, however, did not disclose any financial terms of the transaction. |
Central Florida Gets Athenahealth Posted: 02 Dec 2010 12:35 PM PST Leading medical billing and records software provider Athenahealth Inc. (NASDAQ:ATHN) has been chosen as a preferred vendor for electronic health record ("EHR") solutions by the Central Florida Health Information Technology Initiative ("CFHITI"). |
Sierra Monitor (SRMC) KAUST Reveals The Potential Of Fieldserver Posted: 02 Dec 2010 12:35 PM PST Ken Nagy, CFA Sierra Monitor Corporation (SRMC) designs and develops hazardous gas monitoring devices for the protection of personnel and facilities in industrial work places. Through its subsidiary FieldServer Technologies the firm has branched into protocol translation technology, which enables machine to machine (M2M) communication in energy and building automation applications. This high growth business should complement the gas detection business, while not sacrificing market or … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 02 Dec 2010 12:35 PM PST Leading integrated energy company Marathon Oil Corporation (MRO) announced that its ancillary Marathon Petroleum Company LP has completed the sale of most of the company's Minnesota downstream assets. The deal was signed in October 2010, with two private equity firms, ACON Investments LLC ("ACON") and TPG Capital L.P. ("TPG"). |
Auto Sales Revive Strongly In November Posted: 02 Dec 2010 12:05 PM PST The light vehicle sales in the U.S. during November rose 17% to a seasonally adjusted annual rate of 12.3 million units, signaling a strong recovery in the industry. All the major automakers, except Toyota Motor Corp. (NYSE:TM), posted double-digit gain in sales. The industry witnessed a rebound in demand for sports utility vehicles (SUVs) and pickups during the month, which had been stunted as the global crisis set … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Rio Tinto On An Investment Spree Posted: 02 Dec 2010 12:05 PM PST Rio Tinto Plc (NYSE:RIO) is on an investment spree to enhance production driven by the gradual market recovery. In July 2010, Rio Tinto announced an investment plan of $5.1 billion over five years in the Pilbara region to boost the production capacity by more than 50%. The production capacity is supposed to increase to 333 million tons per annum (Mt/a) in five years. |
Chunghwa Telecom Remains Neutral Posted: 02 Dec 2010 12:05 PM PST Our long-term recommendation for Chunghwa Telecom Co. Ltd. (NYSE:CHT) is Neutral, which means the stock will perform mostly in line with the broader marker. Chwnghwa declared solid financial results for the third quarter of 2010 with net income soaring 9.5% year over year. |
Forex Trading: Pros And Cons Of The NFP Posted: 02 Dec 2010 11:55 AM PST Tomorrow's Non-Farm Payrolls may cause plenty of sway on the market. Let's assess the situation of whether or not the NFP numbers have the power to beat the expectations of 145,000. Pro's |
Virgin Media Innovates TV Offerings Posted: 02 Dec 2010 11:35 AM PST Virgin Media Inc. (NASDAQ:VMED), the second largest pay-TV service provider of the U.K. will start offering a next-generation Web TV platform to its subscribers from mid-December 2010. |
FDA Clears Quest’s Simplexa Test Posted: 02 Dec 2010 11:35 AM PST Quest Diagnostics (NYSE:DGX), a leading player in diagnostics testing, received 510 (k) clearance from the US Food and Drug Administration (FDA) for its Simplexa Flu A/B & RSV test to run on 3M's (NYSE:MMM) Integrated Cycler. This test, developed by Quest's Focus Diagnostics business is meant to detect influenza A, influenza B and RSV virus infections. |
People’s United Closes Acquisitions Posted: 02 Dec 2010 11:35 AM PST People’s United Financial Inc. (NASDAQ:PBCT) has closed the acquisitions of LSB Corporation and Smithtown Bancorp Inc. The acquisitions are in line with the company's strategy of expanding its presence in its markets. |
Posted: 02 Dec 2010 11:17 AM PST Let me take you back to the sweltering days of last summer. The market peaked last April and declined 16% by the end of July. Some looked at a chart of the S&P 500 and saw a top similar to what had happened in 2008, just before the Financial Crisis fully bloomed. CNN was reporting on July 1 that “Going back to World War II, a decline of 15% off the highs has often turned a correction into a Bear Market — a drop of 20% to 30% — according to Standard & Poor’s chief investment … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 02 Dec 2010 11:05 AM PST Recently, we downgraded Align Technology (NASDAQ:ALGN) to Neutral with a target price of $18.00. |
Boeing Gets More Orders For 737 Posted: 02 Dec 2010 11:05 AM PST The Boeing Company (NYSE:BA) announced that it received an order from Copa Airlines to deliver 22 Next Generation 737-800's. The value of these 22 airplanes is $1.7 billion at Boeing’s list price. The order has an additional clause for 10 options, which, if exercised, will increase the order size to 32 airplanes and will cost $2.6 billion at list price. The airplanes are expected to be delivered between 2015 and 2018. |
California Pizza Kitchen In China Posted: 02 Dec 2010 11:05 AM PST Los Angeles-based California Pizza Kitchen Inc. (CPKI) plans to expand in China and has opened its first company owned restaurant in the nation’s largest city, Shanghai. |
Posted: 02 Dec 2010 10:57 AM PST 12/02/10 The euro currency continued its rebound today on growing optimism the ECB will take steps to stem the sovreign debt … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
“For A Sustained Recovery…need Stronger Leadership” Posted: 02 Dec 2010 05:41 AM PST 12/02/10 ICAEW’s Michael Izza weighs in on concerns about the exposure of UK banks to the Euro-zone sovereign debt … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 02 Dec 2010 10:35 AM PST LM Ericsson Telephone Company (NASDAQ:ERIC) is acquiring the assets of Guangdong Nortel Telecommunication Equipment Company Ltd (GDNT). The transaction is structured as an asset sale for $50 million on a cash and debt free basis. |
Lower Home Sales: The Tax Credit Dent Posted: 02 Dec 2010 10:35 AM PST So paperwork flaw can be let off the hook, it seems. We had earlier been worried that the chaos in foreclosure documentation would lead to lower home sales. |
Lower Home Sales: The Tax Credit Dent Posted: 02 Dec 2010 10:35 AM PST So paperwork flaw can be let off the hook, it seems. We had earlier been worried that the chaos in foreclosure documentation would lead to lower home sales. |
EIA: Oil, Gasoline Stocks Rise Posted: 02 Dec 2010 10:35 AM PST The U.S. Energy Department’s weekly inventory release showed a surprise climb in crude stockpiles, while distillate supplies posted a smaller-than-expected draw. The agency's report further added that refinery utilization dropped sharply and gasoline inventories climbed last week. |
Desire Petroleum Confirms Rachel North Well Is Next Falklands Oil Discovery Posted: 02 Dec 2010 10:30 AM PST Desire Petroleum (LON:DES) , the oil and gas company operating in North Basin of the Falkland Islands, said this morning that its 14/15-2 Rachel North well had reached a total depth of 3052 metres and that preliminary data indicates that the well is an oil discovery. The company has run an initial suite of wireline logs and this together with the drilling data indicates that the well encountered a 349 metres gross interval from 2621 metres to 2970 metres of sands and shales with … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Four ETFs Impacted By Russia’s World Cup Victory Posted: 02 Dec 2010 10:17 AM PST Russia recently won the right to host the 2018 World Cup, one of the world's largest sporting events, which is expected to boost the nation's economy and provide positive price support to the Market Vectors Russia ETF (RSX), the SPDR S&P Russia (RBL), the iShares MSCI Russia Capped Index (ERUS) and the SPDR S&P BRIC 40 (BIK). |
EUR/USD And A Reverse “Naked” Head And Shoulder Posted: 02 Dec 2010 10:08 AM PST EUR/USD and a Reverse "Naked" Head and Shoulder EUR/USD 12/2/2010 The EUR/USD created a reverse head and shoulder, with the head pivot at 1.2970 and the shoulder pivots near 1.3050, and the neckline at 1.3150 area, which the market broke above. It is naked because it is not confirmed by … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Conoco: First LNG Shipment From QG3 Posted: 02 Dec 2010 10:05 AM PST ConocoPhillips (NYSE:COP) announced the first shipment of liquefied natural gas (LNG) from the Qatargas 3 (QG3) joint venture. The cargo departed from Ras Laffan Industrial City, Qatar, bound for the Canaport LNG Terminal in Saint John, New Brunswick, Canada. |
Posted: 02 Dec 2010 10:05 AM PST We have upgraded energy-focused engineering and construction firm McDermott International (MDR) to Neutral from Underperform. |
Monster Employment Index Increases By 13% In November: 10th Straight Month Of Annual Growth Posted: 02 Dec 2010 09:24 AM PST The Monster Employment Index for the U.S. was released today with the following highlights: 1. Compared to last November, online job demand was up by 13% this year, and November marked the tenth consecutive month of a positive annual growth rate in the index, and the eighth straight month of double-digit growth (see chart above). 2. 17 of the 20 industries monitored by the Index showed positive annual growth trends. 3. All 28 metro markets recorded positive annual growth in … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
D.C.’s Mom ‘n’ Pops Aren’t Afraid Of Walmart; They’re Afraid Of Wal-Mart’s Greedy Customers Posted: 02 Dec 2010 08:42 AM PST From today’s Washington Examiner, an article I have edited slightly and re-titled “D.C.’s Mom ‘n’ Pops Afraid of Walmart’s Cost-Conscious Customers”: The District’s family-owned businesses are worried that greedy consumers who shop at Walmart for its everyday low prices will kill their livelihoods if the retailer forges ahead with plans to open four locations in the coming years. “I think we’ve got enough local grocery stores around,” said Jeremy Frost, manager of 5th Street Ace … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 02 Dec 2010 06:46 AM PST The morning news notes as prepared by TL…initial jobless claims, Obama’s deficit commission, Obama administration and off short drilling, the European Financial Stability Facility, leading indicators of global manufacturing improving, ISM v. GDP v. Payrolls ( a nice graph), and Fed officials urge Congress to stimulate the economy. “Morning News Notes: December 2, 2010″ click … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
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