DailyMarkets.com - Costco Retains Sales Momentum |
- Costco Retains Sales Momentum
- Priority Review For Merck’s HCV Drug
- How High Can The Stock Market Go?
- EIA: Natural Gas Reserves Fall
- Immucor Moves Ahead Of Estimates
- Macy’s Sales Up, Fixed On Outlook
- Forex – EUR/USD Down At The End Of European Session
- Forex – EUR/USD Down Toward The End Of European Session
- Data On Sanofi Cancer Candidate
- Petrobras To Snap Up Galp Stake?
- Forex – USD/JPY Down Toward The End Of European Session
- Alnylam Sets Product Goals
- U.S. Mega Banks In Expansion Mode
- Lawson Reports In Line
- Valeant’s 2011 Outlook Impresses
- Forex – AUD/USD Up Toward The End Of European Session
- Dollar Rises As Eurozone Debt Concerns Grow
- Crude Decline Continues, Trades Below $89
- Forex – GBP/USD Up Toward The End Of European Session
- KB Home Constructs A 4Q Profit
- Opening Bell Market Monitor: BGP, KBH, LIZ
- Forex – NZD/USD Up On Economic Data
- Morning News Notes: 1.7.11
- Gulfsands Petroleum Gets Mixed Results From Latest Drilling In Syria
| Posted: 07 Jan 2011 09:35 AM PST Costco Wholesale Corporation (NASDAQ:COST), one of the leading U.S. warehouse club operators, recently posted healthy sales data for the five-week period ended January 2, 2011.
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| Priority Review For Merck’s HCV Drug Posted: 07 Jan 2011 09:35 AM PST Merck (NYSE:MRK) recently announced that the US Food and Drug Administration (FDA) granted priority review status to the company's hepatitis C virus (HCV) candidate, boceprevir. This means that a response from the FDA regarding the approvability of the HCV candidate will be out in six months instead of the standard review period of ten months.
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| How High Can The Stock Market Go? Posted: 07 Jan 2011 09:26 AM PST With global economic activity exceeding low expectations and the Fed stating the threshold is high to scale back its money-printing program (QE2), it is a good time to examine the upside potential of the stock market. While the average investor has a limited memory when it comes to market reversal points that occurred in 1998, computers and trading algorithms have no trouble recalling them in vivid detail. Therefore, taking a little walk down memory lane may help us compete more … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| EIA: Natural Gas Reserves Fall Posted: 07 Jan 2011 09:10 AM PST The U.S. Energy Department’s weekly inventory release showed a larger-than-expected drop in natural gas supplies, attributable to cold weather conditions across much of the country that pushed up the winter heating demand.
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| Immucor Moves Ahead Of Estimates Posted: 07 Jan 2011 09:10 AM PST Immucor Inc. (BLUD) reported an EPS of 30 cents for the second quarter of 2011 (ending in November 2010), surpassing both the Zacks Consensus Estimate of 27 cents and the year-ago quarter's 28 cents. The company reported a 1% decline in revenues to reach $81.5 million. However, revenues were marginally higher than the Zacks Consensus Estimate of $80 million. Currency fluctuations had a negative impact of $1 million during the quarter.
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| Macy’s Sales Up, Fixed On Outlook Posted: 07 Jan 2011 09:05 AM PST Macy's Inc. (NYSE:M) recently posted sales for the five-week period ended January 1, 2011 that fell short of the analysts' expectation but reiterated its outlook.
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| Forex – EUR/USD Down At The End Of European Session Posted: 07 Jan 2011 09:00 AM PST Forex Pros – The Euro was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls. EUR/USD was trading at 1.2942, down 0.47% at time of writing. The pair was likely to find support at 1.2915, today's low, and resistance at 1.3432, Tuesday's high. Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 103.00K last month, from 71.00K in the preceding month whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/USD Down Toward The End Of European Session Posted: 07 Jan 2011 08:40 AM PST Forex Pros – The Euro was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls. EUR/USD was trading at 1.2929, down 0.57% at time of writing. The pair was likely to find support at 1.2924, today's low, and resistance at 1.3432, Tuesday's high. Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 103.00K last month, from 71.00K in the preceding month whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Data On Sanofi Cancer Candidate Posted: 07 Jan 2011 08:35 AM PST Sanofi-Aventis (NYSE:SNY) and its wholly-owned subsidiary, BiPar Sciences, recently announced the publication of final phase II data on breast cancer candidate, iniparib (BSI-201), in The New England Journal of Medicine (NEJM).
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| Petrobras To Snap Up Galp Stake? Posted: 07 Jan 2011 08:35 AM PST Brazil’s state-run energy giant Petroleo Brasileiro S.A. (PBR), or Petrobras S.A., has confirmed that it is evaluating the purchase of Italian oil major Eni SpA's (E) 33.34% stake in Portugal's Galp Energia. However, the company has not given out any other details rather it added that no binding agreement had yet been reached between the parties. The transaction is estimated to cost approximately €3.5 billion ($4.69 billion) to Petrobras, according to people familiar with the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – USD/JPY Down Toward The End Of European Session Posted: 07 Jan 2011 08:20 AM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Friday after the release of U.S. data on Nonfarm Payrolls. USD/JPY was trading at 83.03, down 0.36% at time of writing. The pair was likely to find support at 81.13, Monday's low, and resistance at 83.69, today's high. Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 103.00K last month, from 71.00K in the preceding month whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 07 Jan 2011 08:15 AM PST Alnylam Pharmaceuticals (NASDAQ:ALNY) recently announced the launch of a new product strategy called "Alnylam 5×15″ and also provided guidance and goals for 2011. Alnylam plans to focus its development efforts on ALN-TTR and find a partner for its liver cancer candidate ALN-VSP.
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| U.S. Mega Banks In Expansion Mode Posted: 07 Jan 2011 08:15 AM PST As expected, JPMorgan Chase & Co. (NYSE:JPM) and Morgan Stanley (NYSE:MS) have received the approval for setting up securities businesses through joint ventures (JVs) in mainland China from the China Securities Regulatory Commission (CSRC). This was separately announced by these two banks on … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 07 Jan 2011 08:15 AM PST Lawson Software Inc. (NASDAQ:LWSN) recently reported a fourfold jump in net income, which surged to $11.9 million in the second quarter of fiscal 2011. Net income came in at 7 cents per share compared with 2 cents in the year-ago quarter. Lawson Software Inc. is a leading provider of enterprise resource planning (ERP) software solutions and professional services to mid-market enterprises in the health care, retail, public and professional service industries.
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| Valeant’s 2011 Outlook Impresses Posted: 07 Jan 2011 08:15 AM PST Valeant Pharmaceuticals International (NYSE:VRX) recently provided guidance for fiscal 2011. The company also provided guidance for fourth quarter 2010 and fiscal 2010.
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| Forex – AUD/USD Up Toward The End Of European Session Posted: 07 Jan 2011 08:15 AM PST Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Friday. AUD/USD was trading at 0.9979, up 0.35% at time of writing. The pair was likely to find support at 0.9907, today's low, and resistance at 1.0224, Monday's high. Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.57% to hit 1.3003 and AUD/JPY falling 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Dollar Rises As Eurozone Debt Concerns Grow Posted: 07 Jan 2011 08:11 AM PST 01/07/11 The recent rise in the dollar has continued on improved employment figures and continued eurozone debt … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Crude Decline Continues, Trades Below $89 Posted: 07 Jan 2011 02:56 AM PST 01/07/11 Front month crude prices posted another steep drop this session following a continued rise in the US … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – GBP/USD Up Toward The End Of European Session Posted: 07 Jan 2011 07:55 AM PST Forex Pros – The British Pound was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls. GBP/USD was trading at 1.5574, up 0.65% at time of writing. The pair was likely to find support at 1.5407, today's low, and resistance at 1.5646, Tuesday's high. Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 103.00K last month, from 71.00K in the preceding month whose figure was revised up … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| KB Home Constructs A 4Q Profit Posted: 07 Jan 2011 02:52 AM PST 01/07/11 Helped by lower expenses, homebuilder KB Home posted an unexpected fiscal 4Q … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Opening Bell Market Monitor: BGP, KBH, LIZ Posted: 07 Jan 2011 02:38 AM PST 01/07/10 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
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| Forex – NZD/USD Up On Economic Data Posted: 07 Jan 2011 07:25 AM PST Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls. NZD/USD was trading at 0.7612, up 0.61% at time of writing. The pair was likely to find support at 0.7552, Thursday's low, and resistance at 0.7784, Monday's high. Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 103.00K last month, from 71.00K in the preceding month whose figure was … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 07 Jan 2011 06:58 AM PST The morning news notes as prepared by TL…non farm payrolls and which European sovereign is next? “Morning News Notes: January 6, 2011″ click … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Gulfsands Petroleum Gets Mixed Results From Latest Drilling In Syria Posted: 07 Jan 2011 02:29 AM PST Gulfsands Petroleum (LON:GPX) , the oil and gas group active in Syria, Iraq, Tunisia, Italy and the US, has reported mixed results from the latest two exploration wells drilled close to its Khurbet East Field in Syria. The Twaiba 1 well, which lies just 7km from Gulfsands' original KHE-1 discovery well, turned out to be a success but the Zahraa 1 on the north-easterly Zahraa prospect, was disappointing. Gulfsands owns a 50% working interest and is operator of Block 26 in north-east Syria. … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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