Wednesday, January 26, 2011

DailyMarkets.com - Review Of Capital One VentureOne Rewards Credit Card: Get 1.25 Miles For Every Dollar Spent

DailyMarkets.com - Review Of Capital One VentureOne Rewards Credit Card: Get 1.25 Miles For Every Dollar Spent


Review Of Capital One VentureOne Rewards Credit Card: Get 1.25 Miles For Every Dollar Spent

Posted: 26 Jan 2011 07:35 AM PST

Before you apply for this rewards card, read this!

The Capital One VentureOne Rewards Credit Card is a travel rewards card issued by Capital One Financial (NYSE:COF), and in our opinion, is Capital One’s best travel rewards card among its card offerings. This card doesn’t have any annual fee, and is designed for people with good to excellent credit who like to travel, want to earn plenty of miles and enjoy the many benefits of a Visa (NYSE:V) Signature card.

Here I'll do a detailed review of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stocks To Know For Wednesday: American Express, Verizon, Harley-Davidson, Johnson & Johnson, BP, Travelers

Posted: 26 Jan 2011 07:15 AM PST

Euro-zone inflation is being talked down while Mervyn King stridently defends the BOE’s stance and rumours of an announcement of a tax-holiday for US Multi-Nationals during the State Of The Union Address came to nothing. More on those stories below.

Yesterday – US Session In Brief
US stocks finished Tuesday day essentially unchanged, but the day's price action was decidedly less constructive than the final score would indicate. Major indices opened the session under pressure … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Yahoo Revenue Hurting Prices

Posted: 26 Jan 2011 07:05 AM PST

Yahoo! Inc. (NASDAQ:YHOO) reported fourth quarter earnings that beat the Zacks Consensus estimate by 6 cents. This represented a 72.8% sequential and 179.2% year-over-year increase in earnings.
Yahoo's revenue presentation is nothing short of confusing, making comparisons with prior periods extremely difficult. The company states that only revenues from markets that have transitioned to Microsoft Corp's (NASDAQ:MSFT) platform are being reported on a net basis (ex-TAC), while other revenues are being … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Abbott Labs Tops 4Q Estimates

Posted: 26 Jan 2011 07:05 AM PST

Abbott Laboratories (NYSE:ABT) reported fourth quarter earnings of $1.30 per share, a penny above the Zacks Consensus Estimate and within the guidance range provided by the company. Earnings increased 10.2% from the year-ago period. Higher revenues helped drive results. However, including one-time items, earnings declined 6.1% to 92 cents per share.
Fourth quarter revenues increased 13.4% to $9.97 billion, above the Zacks Consensus Estimate of $9.89 billion.
Full year earnings came in at $4.17 per … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Earnings Preview: SanDisk Corp.

Posted: 26 Jan 2011 07:05 AM PST

SanDisk Corp. (NASDAQ:SNDK) is scheduled to announce its fourth quarter 2010 results on January 27, 2011, and we see no revisions in analyst estimates at this point.
Third Quarter Overview
SanDisk delivered solid third quarter 2010 results, with adjusted earnings per share (EPS) of $1.20 per share beating the Zacks Consensus Estimate of $1.02.
SanDisk's third quarter revenues increased 32.0% from the year-ago period led by strength in both OEM and retail businesses. The quarter's revenue was in … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Weatherford Falls Short

Posted: 26 Jan 2011 06:35 AM PST

Leading oilfield services company, Weatherford International Ltd. (NYSE:WFT) reported fourth quarter 2010 adjusted earnings of 21 cents per share, below the Zacks Consensus Estimate of 23 cents. However, the quarterly results grew substantially from the year-earlier profit of 3 cents. The year-over-year improvement was mainly driven by North American activity accompanied by strong performance in Canada.
The quarter's revenues expanded 20% year over year to a record $2.9 billion.
An improving … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Earnings Preview: Zimmer Holdings

Posted: 26 Jan 2011 06:35 AM PST

Zimmer Holdings (ZMH) is scheduled to release its fourth quarter and fiscal 2010 earnings on January 27, 2011, before the market opens. The company is expected to earn $1.19 per share on revenues of $1,108 million for the quarter and $4.26 per share on revenue of $4,198 million, for fiscal 2010, according to the Zacks Consensus Estimate.
Previous-Quarter Highlights
Zimmer Holdings reported an adjusted EPS of 96 cents during the third quarter, beating the Zacks Consensus Estimate by a penny and … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stock Market News Briefs: Apple, AK Steel Holding, Eastman Kodak Company, Ethan Allen Interiors, Corning Incorporated, Harley-Davidson, Johnson & Johnson, Meredith, Research In Motion Limited, Stryker, Tellabs, Yahoo!

Posted: 26 Jan 2011 06:35 AM PST

 Stryker (NYSE:SYK) reported Q4 EPS of $0.93, ahead of the Zack Consensus Estimate of $0.89 per share. Revenues for the quarter rose 8.6% to $2.0 billion, well above the Zack Consensus Estimate of $1.970 billion

 Yahoo (NASDAQ:YHOO) reported Q4 EPS of $0.26, ex-items, topping Zack Consensus Estimate of $0.19 per share. Revenues ex-tac for the quarter fell to $1.21 billion, and GAAP revenues fell to $1.52 billion ahead of the Zack Consensus Estimate of $1.116 billion

 Johnson & … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stryker Beats But Concerns Linger

Posted: 26 Jan 2011 06:35 AM PST

Orthopedic devices major Stryker Corporation (NYSE:SYK) reported better-than-expected fourth-quarter fiscal 2010 results with adjusted earnings per share of 93 cents exceeding the Zacks Consensus Estimate of 90 cents and the year-ago earnings of 82 cents.
For fiscal 2010, adjusted earnings of $3.33 per share beat the Zacks Consensus Estimate of $3.31 and was ahead of the year-ago earnings of $2.95. The results were supported by higher sales owing to strong contribution from the Michigan-based … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Swiss Franc: Capped By A Negative Trend Line

Posted: 26 Jan 2011 06:18 AM PST

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


Japanese Yen: Under Pressure

Posted: 26 Jan 2011 06:18 AM PST

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


British Pound: The Downside Prevails

Posted: 26 Jan 2011 06:18 AM PST

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


Euro: Under Pressure

Posted: 26 Jan 2011 06:18 AM PST

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


CHMP Stands Negative On MKGAF Drug

Posted: 26 Jan 2011 06:06 AM PST

Merck KGaA (MKGAF) recently said that the European Medicines Agency’s (EMA) Committee for Medicinal Products for Human Use (CHMP) upheld its negative recommendation related to the approval of cladribine for the treatment of relapsing-remitting multiple sclerosis (MS).
In September last year, the CHMP had first recommended against the approval of cladribine for the treatment of relapsing-remitting MS on its belief that the benefits reaped by MS patients from the drug do not outweigh the risks … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Decent Quarter For Dr. Reddy’s

Posted: 26 Jan 2011 06:06 AM PST

Dr. Reddy's Laboratories (NYSE:RDY) reported third quarter fiscal 2011 earnings per American Depository Share (ADS) of 40 cents compared with a loss per ADS of 70 cents in the year-ago period. Higher revenues helped boost earnings.
Revenues
The company reported quarterly revenues of $424 million, up 10%. Dr. Reddy's reports revenues under two segments – Global Generics and Pharmaceutical Services & Active Ingredients (PSAI). Revenues at the Global Generics segment went up 16% (on INR … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stalking GBP/USD’s Pullback In Anticipation Of Further Decline

Posted: 26 Jan 2011 05:57 AM PST

Previous GBP/USD post (1/25): GBP/USD Plunges…
Video post (1/25): What Just Happened to the Sterling (GBP)
GBP/USD

- The GBP/USD pair has paused after the sharp decline yesterday, supported at the 1.5750 level.
- So far the market has provided a couple correction swings, the second now extending longer than the first.
- The rally is testing 50% retracement and 50SMA.
- The RSI is going to test 60, and should not sustain a break above that for the bearish scenario to have a strong case.
- … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – EUR/CHF Moves Higher In Muted Trade Ahead Of FOMC

Posted: 26 Jan 2011 05:50 AM PST

Forex Pros – The euro moved higher against the Swiss franc in muted trade on Wednesday, as markets looked towards the Federal Reserve for confirmation that its focus remained on supporting growth.

EUR/CHF hit 1.2969 during European morning trade, the daily high; the pair subsequently consolidated at 1.2913, gaining 0.16%.

The pair was likely to find support at 0.9402, Tuesday's low and a three-week low and resistance at 0.9622, Monday's high.

Later Wednesday, the Federal Reserve was to … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: EURUSD Tries The Downside In Early NY Trade

Posted: 26 Jan 2011 05:46 AM PST

Bank Of England Minutes Reveal Worry Over Inflation As Second Member Votes For Rate Hike

Posted: 26 Jan 2011 05:29 AM PST

Very interesting mix of vote in the last Bank of England interest rate meeting. We now have2 people calling for interest rate increases on account of the higher risks to inflation. The market had been pricing in a more hawkish Bank of England prior to yesterday's very weak 4th quarter GDP results.
Official Release: PDF

From Bloomberg: Bank of England Voted 6-2-1 as Weale Joined Sentance in Rate-Increase Call
Bank of England policy maker Martin Weale joined Andrew … [visit site to read more] or compare Best Credit Cards and Best CD Rates


5 Reasons To Like Or Dislike Stocks

Posted: 26 Jan 2011 04:52 AM PST

The debate concerning the outlook for growth in the equity markets is heating up. Looking at the headlines it is a flip of the coin on which side of the argument you fall. The indecision has caused some intraday volatility as earnings, economic data, economist and stock analyst shift sentiment almost daily towards the markets.

I wanted to look at 5 reasons to like or dislike stocks looking forward:

One – Earnings have been upbeat with 50% of those reporting beating … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – Dollar Broadly Lower Vs. Rivals As Fed FOMC Eyed

Posted: 26 Jan 2011 04:51 AM PST

Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Wednesday, after a call for spending cuts by U.S. President Barack Obama underlined expectations that the Federal Reserve would keep policy unchanged.

During European afternoon trade, the greenback was down against the euro, with EUR/USD rising 0.09% to hit 1.3693.

Later Wednesday, the Federal Reserve was to convene its first monetary policy meeting of the year. The U.S. central bank was widely expected hold … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – GBP/USD Rebounds After BOE Meeting Minutes

Posted: 26 Jan 2011 04:40 AM PST

Forex Pros – The pound rebounded from close to an eight-day low against the U.S. dollar on Wednesday after the minutes from the Bank of England’s January monetary policy meeting showed that the policymakers considered raising interest rates.

GBP/USD clawed back up from 1.5768, the daily low, to hit 1.5862 during European early afternoon trade, gaining 0.29%.

Cable was likely to find support at 1.575, Tuesday's low and resistance at 1.6016, Tuesday's high.

The minutes of the Bank’s … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Chartbook Du Jour: China By The Numbers

Posted: 26 Jan 2011 03:50 AM PST

The following is a slide presentation summarizing a look back at various economic indices and measures of China for the year 2010, plus some of my observations, and thoughts regarding the country’s path forward.

China By The Numbers

View more presentations from Dian L. Chu.

10 Trading Lessons FREE | Free eReport – Profitable … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – EUR/USD Hits 10-week High On Fed Policy Outlook

Posted: 26 Jan 2011 03:46 AM PST

Forex Pros – The euro rose to a ten-week high against the U.S. dollar on Wednesday, after a call for spending cuts from U.S. President Barack Obama reinforced expectations the Federal Reserve would keep policy unchanged.

EUR/USD hit 1.3721 during European late morning trade, the pair's highest since November 22; the pair subsequently consolidated at 1.3699, gaining 0.13%.

The pair was likely to find support at 1.3571, Tuesday's low and resistance at 1.3785, the high of November 22.

In … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Coolabi Signs Four Licensing Deals For Poppy Cat

Posted: 25 Jan 2011 11:50 PM PST

Coolabi (LON:COO) , the AIM listed media company focused on the ownership and creative management of high quality intellectual property assets, has concluded the first four licensing deals for its Poppy Cat property ahead of its UK television debut on Nick Jr (UK) in May and its international roll-out later in the year. The animated 52 episode series of Poppy Cat, co-produced by Coolabi Productions and King Rollo Films, will bring to life the much-loved children’s literary character created by … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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