Friday, December 17, 2010

DailyMarkets.com - Wills Eye Taps NextGen

DailyMarkets.com - Wills Eye Taps NextGen


Wills Eye Taps NextGen

Posted: 17 Dec 2010 10:05 AM PST

Quality Systems’ (NASDAQ:QSII) wholly owned subsidiary NextGen Healthcare Information Systems has inked a pact with Philadelphia-based renowned eye clinic Wills Eye Health System. As per the agreement, the latter will implement NextGen Ambulatory EHR and NextGen Practice Management solutions.  
Wills Eye provides the complete range of eye care, including retina, cornea, cataract, ocular oncology and other coverage. It also operates a chain of multi-specialty ambulatory surgery outfits in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


The Worst Performing Investment Of 2011 Will Be…

Posted: 17 Dec 2010 09:49 AM PST

If there is one investment to avoid in 2011, it will be bonds. Why? Simply because interest rates are headed higher in 2011.

No, we won't see a spike in short-term interest rates. The Fed will not let that happen. But the Fed cannot control long-term interest rates. Case in point, the Fed's recent QE2 program has thus far failed to bring long-term rates lower. In fact, long-term rates have moved up sharply over the past several weeks. Rising long-term rates will eventually put … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Angeion (ANGN) Q4

Posted: 17 Dec 2010 09:35 AM PST

Brian Marckx, CFA 

On December 15th Angeion Corp (NASDAQ:ANGN) reported financial results for the fourth quarter and full year ending October 31, 2010.  For the third consecutive quarter revenue and EPS both came in better than our forecast.  While maybe still a little too early to make any concrete conclusions, it appears that investments in sales staff, marketing and product development earlier in the year are starting to pay some very significant … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Sierra Monitor (SRMC) Makes Operating And Non-Operating Progress.

Posted: 17 Dec 2010 09:35 AM 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


Genomic Downgraded To Neutral

Posted: 17 Dec 2010 09:35 AM PST

Recently, we downgraded Genomic Health (NASDAQ:GHDX), an oncology-based biotech company, to Neutral with a target price of $24.00.
Genomic Health presented encouraging results for its flagship product Oncotype DX. Oncotype DX, launched in January 2004, is used for early stage breast cancer patients to predict the likelihood of cancer recurrence, the likelihood of patient survival within 10 years of diagnosis and the likelihood of chemotherapy benefit. Studies presented indicate increasing importance … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Eaton To Buy Tuthill Unit

Posted: 17 Dec 2010 09:35 AM PST

Electric equipment maker Eaton Corporation (NYSE:ETN) said it will acquire Tuthill Coupling Group with a view to strengthen its fluid conveyance business.
Eaton expects the Tuthill acquisition to provide its customers with a more complete fluid conveyance coupling product portfolio. The company believes the acquisition is a best fit to its hydraulics business and strengthens Eaton's regional presence to better serve key market segments.
The Tuthill Coupling Group, a unit of Tuthill Corporation, … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Commodities Could Be King As Erratic Weather Underlines Shortage

Posted: 17 Dec 2010 09:08 AM PST

More and more investors are now trying to include commodities in their investment portfolios, as growing Asian demand along with global climatic uncertainties is offering good wealth creation opportunities for the global investor. In fact agricultural commodities are poised for an exponential rise if a recent report released by the International Food Policy Research Institute (IFPRI) is to be believed which has projected that world grain prices could as much as double by 2050 as … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Monsanto Upgraded To Neutral

Posted: 17 Dec 2010 09:05 AM PST

We upgraded our recommendation on Monsanto Company (NYSE:MON) from Underperform to Neutral based on improved visibility on the yield performance of SmartStax corn seed and RR2Y (Roundup Ready 2 Yield) soybean seed in the coming years.
SmartStax and RR2Y posted a decent yield on completion of 95% harvest in fiscal 2010, which enhances our long-term perspective on the stock. With its plan to increase the production of its SmartStax corn seeds and RR2Y soybean seeds, Monsanto started plantation with … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Silgan To Acquire

Posted: 17 Dec 2010 09:05 AM PST

Silgan Holdings Inc. (NASDAQ:SLGN) has agreed to purchase the food can business of Vienna, Austria-based Vogel & Noot Holding for 250 million euros (approximately $335 million). The transaction is expected to be modestly accretive to Silgan's 2011 earnings.
The transaction is expected to close in the first quarter of 2011, pursuant to closing conditions. Silgan will fund the acquisition by cash and euro denominated revolving loan borrowings under its senior secured credit facility. The … [visit site to read more] or compare Best Credit Cards and Best CD Rates


BMC Software: Stock Valuation Too High!

Posted: 17 Dec 2010 09:05 AM PST

BMC Software (NYSE:BMC) develops and markets information technology management systems. The company's solutions enable large organizations to better align their IT infrastructure with business requirements. BMC's enterprise service management segment is focused on distributed IT environments, whereas the mainframe service management division is focused on the mainframe market.

I added BMC software to my list of potential investment idea after running a screen on the software … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: AUDUSD: A Break Of 0.9840 Is Bearish For The Pair

Posted: 17 Dec 2010 09:04 AM PST

Earnings Preview: Carnival

Posted: 17 Dec 2010 08:35 AM PST

Miami-based Carnival Corporation (NYSE:CCL), which offers various itineraries to passengers worldwide under the leading cruise brands, is slated to release its fourth quarter and fiscal 2010 earnings on December 21, before the opening bell. The current Zacks Consensus Estimate is 33 cents for the fourth quarter (reflecting a year-over-year growth of 36.9%) and $2.49 for full fiscal 2010 (reflecting a year-over-year growth of 10.96%).
Carnival has outperformed the Zacks Consensus Estimate over the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Veolia Renews Contract

Posted: 17 Dec 2010 08:35 AM PST

Veolia Water North America, a unit of Veolia Environnement S.A. (NYSE:VE), received a five-year extension of its contract with the International Boundary & Water Commission (IBWC). The company renewed its contract to address sanitation needs on the Tijuana/San Diego border, valued at $35.5 million.
Under the contract, Veolia Water North America will manage, operate and maintain the existing 25 million-gallons-per day (MGD) wastewater treatment plant located in San Ysidro. The San Ysidro … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Marcus Reports In Line

Posted: 17 Dec 2010 08:35 AM PST

The Marcus Corporation (NYSE:MCS) recorded second quarter 2011 earnings of 7 cents per share, compared with a loss of a penny in the year-ago quarter, but in line with the Zacks Consensus Estimate.
The entertainment and lodging company's revenues upped 4.0% year over year to $86.7 million and surpassed the Zacks Consensus Estimate of $85 million. The upside in revenues was driven by a solid performance of the company's lodging division, Marcus Hotels and Resorts, offsetting the weak … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Australian Dollar: Bullish Bias Above 9825

Posted: 17 Dec 2010 08:26 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: 17 Dec 2010 08:26 AM PST

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stock Market News Briefs: Accenture Ltd., Astrazeneca PLC, J P Morgan Chase & Co, New M&I, Oracle, Research In Motion Limited, Take-Two Interactive Software

Posted: 17 Dec 2010 08:26 AM PST

 Oracle (NASDAQ:ORCL) reported fiscal second quarter earnings of $0.51, beating the Zacks Consensus Estimate of $0.44, on revenues of $8.6 billion that topped the Zacks Consensus Estimate of $8.3 billion

 Take-Two Interactive Software (NASDAQ:TTWO) posted stronger fiscal fourth quarter earnings of $0.67 ahead the Zacks Consensus Estimate of $0.23, revenues up 32% to $374 million, ahead of Zacks Consensus Estimate of$ 223 million.

 Research In Motion’s (NASDAQ:RIMM) posted third quarter … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Accenture Beats, Raises Outlook

Posted: 17 Dec 2010 08:26 AM PST

Accenture plc (NYSE:ACN) reported first quarter 2011 earnings per share (EPS) of 81 cents, handsomely beating the Zacks Consensus Estimate of 75 cents. The quarter's earnings increased 20.9% from the year-ago quarter, attributable to higher revenues and margins, as well as a lower share count and tax rate, partially offset by unfavorable foreign-exchange rates.
Revenues
Accenture reported first quarter 2011 net revenue of $6.05 billion, up 12.3% from $5.38 billion reported in the year-ago … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Cracker Barrel Appoints New CFO

Posted: 17 Dec 2010 08:26 AM PST

Lebanon, Tenn-based Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) has finally found a replacement for its previous chief financial officer (CFO) Sandra B. Cochran. The company recently announced the appointment of former O’Charley’s Inc.’s (NASDAQ:CHUX) CFO and treasurer Lawrence E. Hyatt as its CFO and president. The appointment will be effective January 3.
The former CFO Mr. Cochran was promoted as president and Chief Operating Officer (COO) in November 2010. Hyatt, 55, will take over from … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Warner Bros. Joins NCR Corp.

Posted: 17 Dec 2010 08:26 AM PST

Technology and solutions provider NCR Corp. (NYSE:NCR) announced that it has inked a distribution deal with Warner Home Video, the home video unit of Warner Bros. Entertainment Inc. Under the terms of the deal, NCR Corp.'s Blockbuster Express kiosks will rent Warner Home Video’s new movies 28 days after the initial release. The agreement will be effective from January 2011.
The agreement enables NCR Corp. to add more titles to its collection and deal directly with the studio. This will actually … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: EURUSD Falls Below The Key Support At 1.3178-81.

Posted: 17 Dec 2010 08:08 AM PST

Steels: Your Second Chance

Posted: 17 Dec 2010 08:02 AM PST

I last commented on the steel producers on April 26, 2009 and wrote:
“A look at the group members’ charts shows why members in this group appear primed to again move into market leadership positions. Nearly every one of the stock has formed one reversal pattern or another and therefore qualifies to be among those I put in my watchlist of potential breakouts.”
That should be grade a pretty good call since many of those stocks did move up nicely until the market started stalling out. By the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Leading Index: The Expansion Is Gaining Momentum

Posted: 17 Dec 2010 07:55 AM PST

The Conference Board reported today the Leading Economic Index (LEI) for the U.S. increased in November for the fifth straight month, and for the 19th month out of the last 20 months going back to April 2009 as the recession was coming to an end and the LEI turned up (see chart above).  Economists at the Conference Board made the following statements:

Ataman Ozyildirim: "November's sharp increase in the LEI, the fifth consecutive gain, is an early sign that the expansion is gaining … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Opening Bell Market Monitor: MI, BMO, ORCL, RIMM

Posted: 17 Dec 2010 07:50 AM PST

12/17/10 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


Forex Trading: GBPUSD Tests Channel Support

Posted: 17 Dec 2010 07:43 AM PST

Euro Gains Vanish As Moody’s Reminds Over Euro-chasm

Posted: 17 Dec 2010 07:03 AM PST

In a sign of just how thin markets are becoming as traders wind down for the holiday season, the euro surged by more than a cent on the day against the dollar before fickle traders abandoned their positions, allowing the euro to lurch into the red. Earlier hopes for something more meaningful than an amendment to the wording of a key European treaty have vanished leaving investors with a sense that events in the future are far from clear. The loser is the single European currency unit.
Euro – … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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