DailyMarkets.com - Repsol Inks Deal In Colombia
DailyMarkets.com - Repsol Inks Deal In Colombia |
- Repsol Inks Deal In Colombia
- EMC Revamps, Cuts Earnings Outlook
- Gold Investing: The Time To Jump Back In Is Very Near
- LaCrosse Preliminary Sales Up
- Monsanto Beats Zacks Estimate
- Sonic Misses Estimate
- Forex – EUR/USD Down At The End Of European Session
- Ruby Tuesday Tops, Reaffirms
- Raising Silicom Ltd. (SILC) Top-Line Estimates Due To Broad Strength
- Pride Int’l Remains In Neutral Zone
- Delta Expects Lower 4Q Profit
- Jobless Claims Up, But Trend Still Down
- Jabil Circuit Upgraded
- Eurozone Inflation/Debt Woes Cause Indecision
- Crude Rebounds Above $90
- WisdomTree Launches Managed Futures Active ETF (WDTI)
- Forex – Dollar Broadly Higher Vs. Rivals After Jobless Claims Report
- Forex – GBP/USD Hits Fresh Daily Low After Jobless Claims Rise
- Forex Trading: GBPUSD Falls To Test 200 Hour MA And Trendline Again
- Constellation Brands Pours Out Profits
- Forex Trading: EURUSD Breaks Below The Key Support
- Forex – EUR/USD Tumbles To 2-week Low Ahead Of U.S. Payrolls
- Opening Bell Market Monitor: GPS, STZ, ANX, MSFT, ARMH
- Euro Continues To Weaken As Rift With Periphery Grows
Posted: 06 Jan 2011 09:35 AM PST Spain's integrated oil and gas company, Repsol YPF, S.A. (NYSE:REP) has joined hands with Petrobras Colombia Limited, the local unit of Brazil’s Petroleo Brasileiro (NYSE:EC) for an oil exploration project in the country. The deal is pending approval from Colombia's national hydrocarbon agency, ANH (Agencia Nacional de Hidrocarburos). |
EMC Revamps, Cuts Earnings Outlook Posted: 06 Jan 2011 09:35 AM PST Data storage company, EMC Corporation (NYSE:EMC) has cut its GAAP earnings outlook for fiscal 2010 due to a restructuring charge of approximately $90 million to be incurred in the fourth quarter of 2010. The charge will be incurred as part of reorganization in EMC’s international business. |
Gold Investing: The Time To Jump Back In Is Very Near Posted: 06 Jan 2011 09:24 AM PST Pardon the rudeness, but I'm salivating at the mouth this morning. After a rocky start to 2011, it looks like I might finally get my opportunity to buy more gold investments…and it could happen today. On January 4, 2011, gold bullion fell $44.10 U.S. per ounce. The next day, January 5, 2011, it fell another $5.10 an ounce. This morning, as I write this issue of PROFIT CONFIDENTIAL, gold bullion is down another $9.90 an ounce. In three trading days, we are looking at a … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 06 Jan 2011 09:05 AM PST LaCrosse Footwear Inc. (NASDAQ:BOOT), a leading developer and marketer of premium, branded footwear for the work and outdoor market announced its preliminary sales results for the fourth quarter and fiscal 2010. The company is slated to report its full results on February 1, 2011. |
Posted: 06 Jan 2011 09:05 AM PST Monsanto Company (NYSE:MON) announced better-than-expected results for the first quarter of fiscal 2011. During the quarter, net income was $6 million compared with a loss of $19 million in the corresponding quarter of 2010. |
Posted: 06 Jan 2011 09:05 AM PST Sonic Corp. (NASDAQ:SONC) the drive-in fast food chain posted reported first-quarter fiscal 2011 results after the closing bell on Tuesday. The company reported earnings of 12 cents per share, surpassing the Zacks Consensus Estimate by 2 cents. Earnings included a tax benefit of 2 cents per share. In the prior-year quarter, Sonic had earned 10 cents per share. |
Forex – EUR/USD Down At The End Of European Session Posted: 06 Jan 2011 09:00 AM PST Forex Pros – The Euro was lower against the U.S. Dollar on Thursday. EUR/USD was trading at 1.3027, down 0.94% at time of writing. The pair was likely to find support at 1.3006, today's low, and resistance at 1.3432, Tuesday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.77% to hit 0.8411 and EUR/JPY falling 1.04% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 06 Jan 2011 08:46 AM PST Ruby Tuesday Inc. (NYSE:RT), a casual dining restaurant operator, recently reported its second-quarter 2011 adjusted earnings of 7 cents a share, surpassing the Zacks Consensus Estimate by 2 cents and the year-ago quarter's earnings by 6 cents. |
Raising Silicom Ltd. (SILC) Top-Line Estimates Due To Broad Strength Posted: 06 Jan 2011 08:46 AM PST Ken Nagy, CFA Raising Silicom Ltd. (SILC) Top-Line Estimates Due to Broad Strength We are raising our fourth quarter top-line estimate on SILC from $7.5 to $8.5 million. This is based on strength across all current product lines. Our bottom line estimate of $0.25 EPS will not change at this point due to currency appreciation. Silicom Ltd. engages in the design, manufacture, marketing, and support of connectivity solutions for a range of servers and server based systems in North America, … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Pride Int’l Remains In Neutral Zone Posted: 06 Jan 2011 08:46 AM PST We remain Neutral on Pride International Inc. (NYSE:PDE) shares based on our conservative outlook for midwater and deepwater dayrates. Like other deepwater players, Pride International also felt a downward pressure on utilization from newbuild capacity and weakness in the floater market. However, the company is better positioned than most of its peers as it is heavily contracted (including midwater). |
Posted: 06 Jan 2011 08:46 AM PST Delta Air Lines Inc. (NYSE:DAL), the second largest U.S. airline, expects fourth quarter profit will be $45 million less than its previous expectation as several of its flights were cancelled due to severe snowfall in December across the U.S. and Western Europe. |
Jobless Claims Up, But Trend Still Down Posted: 06 Jan 2011 08:46 AM PST Initial Claims for Unemployment Insurance rose by 18,000 last week to 409,000 (last week was also revised up by 3,000, so one could see it as a 21,000 increase). This was slightly worse than the expected level of 405,000. The massive drop during the Christmas week was clearly affected by some seasonal (and weather) factors. |
Posted: 06 Jan 2011 08:46 AM PST We are upgrading Jabil Circuit Inc. (NYSE:JBL) to Outperform from our previous Neutral rating following the company's impressive first quarter 2011 results. Jabil's results also improved in each of the four quartersof 2010 and beat the Zacks Consensus Estimate. |
Eurozone Inflation/Debt Woes Cause Indecision Posted: 06 Jan 2011 08:46 AM PST Today’s Idea |
Posted: 06 Jan 2011 08:21 AM PST 01/06/11 Front month crude prices rebounded this session following improved US economic data and eurozone debt crisis … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
WisdomTree Launches Managed Futures Active ETF (WDTI) Posted: 06 Jan 2011 08:00 AM PST WisdomTree Investments brought a brand new actively-managed ETF to market yesterday on Jan 5th, called the WisdomTree Managed Futures Strategy Fund (WDTI: 50.25 -0.08%). WDTI is the very first managed futures strategy to be brought to the marketplace in an ETF wrapper. WDTI is listed on the NYSE Arca and will employ a quantitative, rules-based strategy that is designed to provide returns that correspond to the performance of the Diversified Trends IndicatorTM, or DTI Index. The fund will have … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – Dollar Broadly Higher Vs. Rivals After Jobless Claims Report Posted: 06 Jan 2011 07:58 AM PST Forex Pros – The U.S. dollar was broadly higher against its major rivals on Thursday, despite data showing that the number of U.S. workers filing new claims for jobless benefits rose slightly more-than-expected last week. Earlier Thursday, official data showed that retail sales across the euro zone fell unexpectedly in November as weak consumer demand in countries … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – GBP/USD Hits Fresh Daily Low After Jobless Claims Rise Posted: 06 Jan 2011 07:53 AM PST Forex Pros – The pound extended losses against the U.S. dollar on Thursday, after official data showed the number of people who filed for unemployment assistance in the U.S. rose more-than-expected last week. GBP/USD hit 1.5467 during European late afternoon trade, as fresh daily low; the pair subsequently consolidated at 1.5468, shedding 0.3%. Cable was likely to find support at 1.5366, the low of December 30 and resistance at 1.5627, Wednesday's high. Earlier in the day, U.S. … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex Trading: GBPUSD Falls To Test 200 Hour MA And Trendline Again Posted: 06 Jan 2011 07:44 AM PST The upside failed to break the target t the 1.5663 level and the price rotated back below the 100 hour MA. Now the price is testing support against 200 hour MA at the 1.5481 level and the trendline at 1.5470. The market is finding buyers initially at the level. However, there should be sellers if the key levels are both broken. The low from yesterday would be the next target to get through at … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Constellation Brands Pours Out Profits Posted: 06 Jan 2011 02:44 AM PST 01/06/11 The world’s largest branded winemaker announced Thursday that it posted a stronger-thsn-expected quarterly profit while also boosting its full-year profit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex Trading: EURUSD Breaks Below The Key Support Posted: 06 Jan 2011 07:28 AM PST The EURUSD has reversed and has broken key support at the 1.3078/80 level where the 200day MA and the 50% retracement of the move up from the June 2010 low to the high reached in November 2010. Look for momentum sellers to keep the price below the level. Stop is a move above 1.3084. The old low for the day |
Forex – EUR/USD Tumbles To 2-week Low Ahead Of U.S. Payrolls Posted: 06 Jan 2011 07:27 AM PST Forex Pros – The euro extended earlier losses against the U.S. dollar on Thursday as market focus turned to Friday's U.S. non-farm payrolls data as a way to test expectations that the U.S. recovery is gathering momentum. EUR/USD hit 1.306 during European afternoon trade, the pair's lowest since December 23; the pair subsequently consolidated at 1.3069, tumbling 0.62%. The pair was likely to find support at 1.297, the low of December 1 and an 11-week low and resistance at 1.3238, the … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Opening Bell Market Monitor: GPS, STZ, ANX, MSFT, ARMH Posted: 06 Jan 2011 02:26 AM PST 01/06/10 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 |
Euro Continues To Weaken As Rift With Periphery Grows Posted: 06 Jan 2011 05:52 AM PST The dollar is once again making the running in early foreign exchange action as investors increasingly rely on what they already know. Core Eurozone activity is performing well while the ability of surrounding nations to convince investors in the coming months and years that they won’t default on debt obligations remains a key concern. In the meantime traders are reminded on a daily basis of the improving health of the dollar economy. |
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