Thursday, February 3, 2011

DailyMarkets.com - Big Gains Are To Be Made In Platinum And Palladium

DailyMarkets.com - Big Gains Are To Be Made In Platinum And Palladium


Big Gains Are To Be Made In Platinum And Palladium

Posted: 03 Feb 2011 11:55 AM PST

While a majority of investors, analysts and experts dwelt on gold and (to a lesser extent silver) in 2010, sister precious metals platinum and palladium notched up significant gains matching gains in the investment safe havens.  While gold and silver gained close to 30% and 80% respectively, platinum and palladium were nowhere lagging – gaining in the region of 20% and 100% in that order. We inspect long-term prospects of these lesser invested metals in this essay. A strong case for … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Tesoro Misses, Margins Improve

Posted: 03 Feb 2011 11:35 AM PST

Independent refiner and marketer of refined petroleum products Tesoro Corp. (NYSE:TSO) reported weaker-than-expected fourth quarter and full-year 2010 results. The company experienced a net loss per share (excluding one-time items) of 13 cents, wider than our projected loss of 7 cents but improved considerably from the net loss of 99 cents in the prior-year quarter.
Tesoro reported a net loss of 21 cents per share for full-year 2010 versus a loss of $1.01 per share in 2009.
The quarter's … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Starwood Beats On Top Line

Posted: 03 Feb 2011 11:35 AM PST

Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) reported its fourth-quarter adjusted earnings from continuing operations of 52 cents, ahead of the Zacks Consensus Estimate of 39 cents and the year-earlier quarter's earnings of 51 cents. The earnings outpaced the guidance range of 36 cents to 38 cents.
On a GAAP basis, including an after-tax benefit of $107 million primarily related to the settlement with the IRS, Starwood recorded earnings of $1.08 compared with the loss of $1.03 in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Hot Option Plays: Ever-Present Bid Coupled

Posted: 03 Feb 2011 11:18 AM PST

Cusick's Corner
Equities are becoming a more and more fickle trade these days. There is little debate over the bullishness that US equities are exhibiting. However, I still am seeing some decent sellers at these critical levels and Friday's volume is an excellent example. What is equally impressive is the ever-present bid, Monday's action, which leaves this consolidation that we have been experiencing going into the last 5 sessions. At this stage, if the market cannot muster some momentum … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – EUR/USD Down During The U.S. Session

Posted: 03 Feb 2011 11:15 AM PST

Forex Pros – The Euro was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.

EUR/USD was trading at 1.3620, down 1.37% at time of writing.

The pair was likely to find support at 1.3570, Monday's low, and resistance at 1.3862, Wednesday's high.

Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 415.00K last week from 457.00K in the preceding week whose figure was … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Ryder Outperforms, Outlook Strong

Posted: 03 Feb 2011 11:00 AM PST

Ryder System Inc. (NYSE:R), the world’s largest provider of integrated logistics and transportation solutions, reported excellent fourth quarter 2010 results. Quarterly GAAP net income was $41.5 million or 80 cents per share compared to a net income of $23.7 million of 43 cents per share in the year-ago quarter. Adjusted (excluding special items) EPS in the reported quarter was 65 cents beating the Zacks Consensus Estimate of 63 cents.
Stronger-than-expected earnings growth in the quarter was … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Viacom Reports Mixed Results

Posted: 03 Feb 2011 11:00 AM PST

Viacom Inc. (VIA.B) today declared mixed financial results for the first quarter of 2011.
Quarterly net income from continuing operation was $620 million or $1.02 per share compared to a net income of $693 million or $1.14 per share in the prior-year quarter. However, first quarter of fiscal 2011 EPS of $1.02 beat the Zacks Consensus Estimate of 99 cents.
Quarterly total revenue was $3,828 million, down 5% year over year. This was well below the Zacks Consensus Estimate of $4,139 million. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Structural Shifts In The U.S. Labor Market

Posted: 03 Feb 2011 10:55 AM PST

Two articles from yesterday about some possible “structural shifts” in the U.S. labor market:

1. Washington Post (Fresno) — “This city is grappling with one of the most troubling contradictions of the new economy: Even as it has one of the nation’s highest unemployment rates, it has thousands of job openings. 

The dilemma is becoming more common across the country as employers report increasing numbers of job openings (see chart above). But many of those jobs are not a good fit for … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Key Defining Level To Watch On China Shanghai Index

Posted: 03 Feb 2011 10:36 AM PST

There's been a lot of attention on China lately with regard to their economic growth potential and recent state visit to the USA.
Let's take a moment to view China's Shanghai Stock Market Index to see its critical "Bull/Bear" Battle level which is a critical inflection point the price is battling at this moment.
A Quick View of the Daily SSEC Chart:

Usually, I start with the higher timeframe and then move to the lower, but I think the Daily Chart does the key 2,800 level justice, and … [visit site to read more] or compare Best Credit Cards and Best CD Rates


DATATRAK By The Numbers

Posted: 03 Feb 2011 10:35 AM PST

Ken Nagy, CFA

DATATRAK by the Numbers

DATATRAK International, Inc. (DATA) is a global technology and services company delivering electronic clinical (eClinical) solutions to support clinical research. Its software suite and service offerings are used to collect, review, report, store and submit to regulatory agencies clinical trial data electronically. While the competition uses an integrated heterogeneous solution (information silos), DATATRAK uses a unified system. The result is seamless … [visit site to read more] or compare Best Credit Cards and Best CD Rates


DATATRAK By The Numbers

Posted: 03 Feb 2011 10:35 AM PST

Ken Nagy, CFA

DATATRAK by the Numbers

DATATRAK International, Inc. (DATA) is a global technology and services company delivering electronic clinical (eClinical) solutions to support clinical research. Its software suite and service offerings are used to collect, review, report, store and submit to regulatory agencies clinical trial data electronically. While the competition uses an integrated heterogeneous solution (information silos), DATATRAK uses a unified system. The result is seamless … [visit site to read more] or compare Best Credit Cards and Best CD Rates


PTX: New Deals Fortify Long-Term Outlook

Posted: 03 Feb 2011 10:35 AM PST

Brian Marckx, CFA

PTX: New Deals Fortify Long-Term Outlook, Support Higher Valuation
       
            Cough Candidate JV
 
On December 20, 2010 Pernix announced it had entered a joint-venture with a U.K-based company for the development and commercialization of BC1036.  BC1036, also known as theobromine, is the highly-anticipated antitussive drug candidate that Pernix management had yet to … [visit site to read more] or compare Best Credit Cards and Best CD Rates


PTX: New Deals Fortify Long-Term Outlook

Posted: 03 Feb 2011 10:35 AM PST

Brian Marckx, CFA

PTX: New Deals Fortify Long-Term Outlook, Support Higher Valuation
       
            Cough Candidate JV
 
On December 20, 2010 Pernix announced it had entered a joint-venture with a U.K-based company for the development and commercialization of BC1036.  BC1036, also known as theobromine, is the highly-anticipated antitussive drug candidate that Pernix management had yet to … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Merck Beats But Guides Lower

Posted: 03 Feb 2011 10:35 AM PST

Merck & Co.’s (NYSE:MRK) earnings per share (excluding  certain special items) for the fourth quarter of 2010 came in at 88 cents, 5 cents above the Zacks Consensus Estimate and 9 cents above the year-ago earnings. However, including adjustments, the company suffered a loss of 17 cents, well below the year-ago earnings of $2.35.
Revenues for the quarter climbed 20% to $12.1 billion, above the Zacks Consensus Estimate of $11.5 billion. Reported quarter revenues include revenues from … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Diamond Offshore Report Mixed

Posted: 03 Feb 2011 10:35 AM PST

Diamond Offshore Drilling Inc. (NYSE:DO) reported fourth quarter 2010 earnings of $1.74 per share, substantially beating the Zacks Consensus Estimate of $1.45. However, earnings were much below the year-ago profit of $1.98.
Total revenue in the quarter dropped nearly 5.6% to $841 million from the year-earlier level and missed the Zacks Consensus Estimate of $847 million.
Comparatively, Noble Corporation (NYSE:NE) reported disappointing fourth quarter 2010 earnings as the Gulf of Mexico (GoM) oil … [visit site to read more] or compare Best Credit Cards and Best CD Rates


New York Times Beats Estimate

Posted: 03 Feb 2011 10:35 AM PST

The New York Times Company (NYSE:NYT) recently posted better-than-expected fourth-quarter 2010 results. The quarterly earnings of 46 cents a share beat the Zacks Consensus Estimate of 34 cents, and rose 4.5% from 44 cents earned in the prior-year quarter.
The Zacks Consensus Estimate dipped by a penny with one out of 4 analysts covering the stock lowering the estimate in the last 7 days, prior to the earnings release.
On a reported basis, including one-time items, the company posted quarterly … [visit site to read more] or compare Best Credit Cards and Best CD Rates


DATATRAK By The Numbers

Posted: 03 Feb 2011 10:35 AM PST

Ken Nagy, CFA

DATATRAK by the Numbers

DATATRAK International, Inc. (DATA) is a global technology and services company delivering electronic clinical (eClinical) solutions to support clinical research. Its software suite and service offerings are used to collect, review, report, store and submit to regulatory agencies clinical trial data electronically. While the competition uses an integrated heterogeneous solution (information silos), DATATRAK uses a unified system. The result is seamless … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – AUD/USD Up During The U.S. Session

Posted: 03 Feb 2011 10:35 AM PST

Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Thursday.

AUD/USD was trading at 1.0142, up 0.41% at time of writing.

The pair was likely to find support at 0.9867, Monday's low, and resistance at 1.0155, today's high.

Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 1.66% to hit 1.3447 and AUD/JPY rising 0.36% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Call Options Fly Off The Shelves At Yahoo!

Posted: 03 Feb 2011 10:16 AM PST

Call options fly off the shelves at Yahoo!
Today’s tickers: YHOO, TSN, BJ & CEPH
Yahoo, Inc. (NASDAQ:YHOO) – Large prints in Yahoo! call options today indicate some strategists see shares in the name rising in the next couple of months. Shares in the online media company rallied as much as 1.8% today to trade around $16.87 by 12:00pm in New York. A massive call spread appears to have been purchased in the April contract. The investor responsible for the transaction purchased 46,500 calls at the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


CME Group Lags, Top-Line Exceeds

Posted: 03 Feb 2011 10:05 AM PST

CME Group Inc (NASDAQ:CME) reported its fourth quarter earnings per share of $3.77, way behind the Zacks Consensus Estimate of $3.81. Net operating income was $252.7 million in the fourth quarter 2010. The decline was primarily attributable to rise in operating and non-operating expenses and a series of charges in the reported quarter.
The net operating earnings in the fourth quarter of 2010 excludes the $51.3 million charge within tax expense to record the impact of combined state and local tax … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forums Are The Internet

Posted: 03 Feb 2011 10:05 AM PST

Ken Nagy, CFA

Forums Represent the True Internet Experience.

CrowdGather Chairman and CEO Sanjay Sabnani's interview on Social Media.Net illustrates the power and potential of forums.  

http://socialmedia.net/2011/01/18/crowdgather-the-importance-of-forums-on-the-internet

What forums allow you to do is the sum total of everything you can do on the internet.

“On a good forum you can read a review. You can have a member do a tutorial on how to jailbreak a phone or how to hack … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Goodrich Beats, Revenues Shy

Posted: 03 Feb 2011 10:05 AM PST

Goodrich Corporation (NYSE:GR) announced its fourth quarter and fiscal 2010 results. Its fourth quarter operating earnings were $1.15 per share versus 83 cents in the year-ago quarter. The fourth quarter results handsomely surpassed the Zacks Consensus Estimate of $1.05.
Goodrich reported GAAP earnings of $1.16 per share in fourth quarter versus 82 cents in the year-ago quarter. The results were driven by sales growth in all of the company’s major market channels, strong operational performance, … [visit site to read more] or compare Best Credit Cards and Best CD Rates


DATATRAK By The Numbers

Posted: 03 Feb 2011 10:05 AM PST

Ken Nagy, CFA

DATATRAK by the Numbers

DATATRAK International, Inc. (DATA) is a global technology and services company delivering electronic clinical (eClinical) solutions to support clinical research. Its software suite and service offerings are used to collect, review, report, store and submit to regulatory agencies clinical trial data electronically. While the competition uses an integrated heterogeneous solution (information silos), DATATRAK uses a unified system. The result is seamless … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Money Markets Trading Mixed

Posted: 03 Feb 2011 10:00 AM PST

02/03/11 With political events and economic reports clashing, there has been a slight rise in the safer-haven dollar this session against the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – NZD/USD Up During The U.S. Session

Posted: 03 Feb 2011 10:00 AM PST

Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Thursday.

NZD/USD was trading at 0.7734, up 0.02% at time of writing.

The pair was likely to find support at 0.7686, Monday's low, and resistance at 0.7825, Wednesday's high.

Meanwhile, the New Zealand Dollar was down against the Australian Dollar and up against the Euro, with AUD/NZD gaining 0.48% to hit 1.3119 and EUR/NZD falling 1.20% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


European Markets Mixed At Close; Dax Up 0.14%

Posted: 03 Feb 2011 09:55 AM PST

Forex Pros – European stocks were mixed after the closing bell on Thursday.

At the close of European trade, Germany's DAX rose 0.14%, London's FTSE 100 shed 0.28%, France's CAC 40 declined 0.74% and the EURO STOXX 50 was down 0.57%.

Meanwhile, on Wall Street, equity markets were down after the open. The Dow Jones Industrial Average was down 0.08%; the S&P 500 index shed 0.09%, while the Nasdaq 100 index declined … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Some New Gender Gaps/Gender Disparities

Posted: 03 Feb 2011 09:48 AM PST

1. Wikipedia – The NY Times reports that “less fewer than 15 percent of its hundreds of thousands of contributors are women,” and the reporter describes that outcome “as an intractable obstacle for the online encyclopedia.”

And Sue Gardner, executive director of Wikimedia/Wikipedia, “Has set a goal to raise the share of female contributors to 25 percent by 2015, but she is running up against the traditions of the computer world and an obsessive fact-loving realm that is dominated by men and, … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Keep Your Eye On This E-Mini Today..

Posted: 03 Feb 2011 09:35 AM PST

The E-Mini NASDAQ 100 has been extremely active the last few weeks, and has alternated between high- and low-range days, which allows for a better anticipation of breakout days. Today could be one of those days. Here's why..

Inside Day

As you know, I am a big fan of the Inside Day formation. This candlestick pattern occurs when the current day's range (from low to high) stays inside the range from the prior session. This relationship can usually lead to amazing breakout … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Alliant’s EPS Jumps, Sales Dip

Posted: 03 Feb 2011 09:35 AM PST

Aerospace and defense company Alliant Techsystems Inc. (NYSE:ATK) announced operating earnings of $2.09 per share for its third-quarter fiscal 2011, which surpassed the Zacks Consensus Estimate of $1.98. However, the company's quarterly earnings fell below the year-ago earnings by 24 cents per share.
Total Revenue
Net quarterly revenue of Alliant remained relatively flat at $1.13 billion compared with $1.14 billion in the year-ago quarter. Quarterly revenue was also marginally below the Zacks … [visit site to read more] or compare Best Credit Cards and Best CD Rates


CVS Beats By A Penny, Guidance Weak

Posted: 03 Feb 2011 09:35 AM PST

CVS Caremark(NYSE:CVS) reported an adjusted EPS of 80 cents in the fourth quarter of fiscal 2010, beating both the Zacks Consensus Estimate and the year-ago period by a penny. For the full year, the adjusted EPS of $2.69 was in line with the Zacks Consensus Estimate. However, the EPS declined compared to the previous year's $2.74.
Revenues decreased 4.1% year over year to $24.8 billion as its Pharmacy Services segment still disappoints. However, revenues marginally missed the Zacks Consensus … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Kellogg In-Line, Reaffirms Outlook

Posted: 03 Feb 2011 09:35 AM PST

Kellogg Company (NYSE:K), one of the world’s largest cereal makers, recently posted feeble net sales results due to stiff competition and softness in the cereal category.
The quarterly earnings of 51 cents a share came in line with the Zacks Consensus Estimate and surged 10.9% from the prior-year quarter. The Zacks Consensus Estimate was stable prior to the earnings release, over the past 30 days.
For fiscal 2010, earnings came in at $3.30 a share, reflecting a 4% increase versus fiscal 2009. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Are Stocks Making A Major Top?

Posted: 03 Feb 2011 09:20 AM PST

With the often misused term "overbought" being thrown around regularly on Wall Street these days, it is a good time to take a step back and assess the odds of a new bear market rearing its ugly head from current conditions.

Some on Wall Street make decisions based on economic fundamentals; some use technicals, and others use both. In terms of helping discern between favorable market conditions and unfavorable market conditions, fundamentals and technicals are both important. Bull … [visit site to read more] or compare Best Credit Cards and Best CD Rates


ISM Services Up More Than Expected

Posted: 03 Feb 2011 09:05 AM PST

The Institute for Supply Management's Non-Manufacturing, or Service, survey rose in January to 59.4 from 57.1 in December. Like its venerable brother, the Manufacturing survey, this is a "magic 50" index where any reading above 50 indicates that the economy is expanding and anything below 50 represents an economic contraction.

Thus, this means that the Service side of the economy, which is far larger than the Manufacturing side, is not only growing, but the rate of growth accelerated in … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – EUR/USD Down At The End Of European Session

Posted: 03 Feb 2011 09:05 AM PST

Forex Pros – The Euro was lower against the U.S. Dollar on Thursday.

EUR/USD was trading at 1.3656, down 1.11% at time of writing.

The pair was likely to find support at 1.3570, Monday's low, and resistance at 1.3862, Wednesday's high.

Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.94% to hit 0.8450 and EUR/JPY falling 1.24% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


It’s Coming.

Posted: 03 Feb 2011 09:03 AM PST

SPY – May 2010 Mini-Crash

The mini-crash of the stock market this past May 2010 has been a frequent study of mine.  This morning I am looking at it again and well, I think our current stock market setup is now setup to repeat the fiasco.  In a couple words, ‘it’s coming’.

This first daily chart is of the SPDRs S&P 500 (SPY) with the focal point as the late April/early May 2010 time frame. Noteworthy were several negative divergences in the True Strength Index (TSI) … [visit site to read more] or compare Best Credit Cards and Best CD Rates


The Bear Stock Market: When It Will Take The Chips Away Again

Posted: 03 Feb 2011 09:00 AM PST

As you read my regular column section below, "Where the Market Stands; Where it's Headed," you'll see that long-term interest rates have hit a new eight-month high. In fact, the yield of the U.S. 10-year Treasury is up 45% since October 2010. Most consumers are oblivious to the fact that long-term rates are rising so quickly. And this is exactly how I expected events to unfold.

Thinking the worst of the economic bubble that burst in 2008 is behind us, consumers are opening … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Do I See Lipstick On A Pig? Or Is The Stock Market And Gold Still Going Up?

Posted: 03 Feb 2011 08:40 AM PST

As most sophisticated investors and traders are aware, the U.S. Federal government has run up significant deficits and the long term debt burden is becoming a drain on Gross Domestic Product. That being said, most economists are discussing the possibility of a major decline in the value of the U.S. Dollar going forward as inflationary monetary policy begins to strangle growth. While that view point may prove right over the long haul, in the short run most traders are not likely expecting … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Equity Residential Beats Estimates

Posted: 03 Feb 2011 08:35 AM PST

Equity Residential (NYSE:EQR), a leading real estate investment trust (REIT), reported fiscal 2010 fourth quarter funds from operations (FFO) of $136.5 million or 45 cents per share, compared to $126.9 million or 43 cents per share in the year-ago quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income.
The fourth quarter 2010 FFO included certain non-recurring items, … [visit site to read more] or compare Best Credit Cards and Best CD Rates


AutoNation Profits On New Vehicles

Posted: 03 Feb 2011 08:35 AM PST

AutoNation Inc. (NYSE:AN) showed a 55% rise in profit to 45 cents per share in the fourth quarter of 2010 from 29 cents per share in the year-ago quarter. The profit was higher than the Zacks Consensus Estimate by 10 cents per share. In absolute terms, profit rose 36% to $68 million from $50 million. The increase in profit was attributable to impressive growth in new vehicle sales during the quarter.
Revenues in the quarter scaled up 16% to $3.25 billion, driven by a stark 15% improvement in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Jobless Claims Yo-Yo Back Down

Posted: 03 Feb 2011 08:35 AM PST

Initial Claims for Unemployment Insurance fell by 42,000 last week to 415,000 (last week was revised up by 3,000, so one could see it as a 39,000 decline). This was a bit better than the expected level of 425,000.

This is a welcome turnaround, but only partially negates last week's big increase. This is a series that tends to be a bit on the flakey side around the holidays. That, however, does not start to describe the recent behavior of this series, as it has been downright erratic.

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


Forex – Dollar Broadly Higher After Better-than-expected U.S. Data

Posted: 03 Feb 2011 08:31 AM PST

Forex Pros – The U.S. dollar was broadly higher against its major rivals on Thursday, after the release of a string of stronger-than-expected U.S. data and as the euro lost support following remarks by European Central Bank head, Jean-Claude Trichet.

During European late afternoon trade, the greenback was sharply higher against the euro, with EUR/USD plunging 1.2% to hit 1.3643.

Earlier in the day, the ECB chief said that at 1.0%, the banks policy rate remained “appropriate” but added that … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Suncor Performs Well In 4Q

Posted: 03 Feb 2011 08:23 AM PST

A premier Canadian integrated energy company, Suncor Energy (SU) reported better-than-expected fourth quarter and full-year 2010 results, buoyed by higher oil sands volumes, greater product sales and better margins.
Earnings per share, excluding certain items, came in at 60 Canadian cents (60 cents US) in the fourth quarter, surpassing the Zacks Consensus Estimate of 50 cents and 22 Canadian cents earned in the prior-year quarter.
For full-year 2010, the company earned C$1.75 ($1.75) per share … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Computer Sciences On A Roll

Posted: 03 Feb 2011 08:23 AM PST

Technology major Computer Sciences Corporation (NYSE:CSC) is swamped with new orders. Additionally, the company is rolling out new solutions to attract more clients. Recently, the company added the Advanced Collaboration Solutions of International Business Machine's Lotus to its existing portfolio of Business Collaboration Solutions. This combined solution provides cost benefits, and business value to its end customers and a new Collaboration as a Service (CaaS) offering. We believe this new … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Cyberonics’ New Kit For VNS

Posted: 03 Feb 2011 08:23 AM PST

Recently Cyberonics Inc. (NASDAQ:CYBX), a leading neuromodulation company, has received approval from the US Food and Drug Administration (FDA) for AspireHC (High Capacity), a new and improved generator to be used in vagus nerve stimulation (VNS) therapy.
Cyberonics expects the AspireHC generator, represents the fifth generation of VNS Therapy. It has longer battery life, more user-friendly features and improved electronics that proves more beneficial to VNS patients as well the physicians. This … [visit site to read more] or compare Best Credit Cards and Best CD Rates


NOV Beats As Demand Rebounds

Posted: 03 Feb 2011 08:23 AM PST

Oilfield service company National-Oilwell Varco (NYSE:NOV) reported better-than-expected fourth quarter results, helped by robust drilling and pressure pumping activity throughout North America, as well as good project execution skills and manufacturing efficiency.
Earnings per share came in at $1.05, comfortably above the Zacks Consensus Estimate of 96 cents and the year-ago profit of 94 cents. Quarterly revenue rose 1.2% year-over-year – from $3.1 billion to $3.2 billion – and was 4.2% above … [visit site to read more] or compare Best Credit Cards and Best CD Rates


AvalonBay Reports In Line

Posted: 03 Feb 2011 08:23 AM PST

AvalonBay Communities Inc. (NYSE:AVB), a leading real estate investment trust (REIT), reported fiscal 2010 fourth quarter funds from operations (FFO) of $86.8 million or $1.01 per share, compared with $52.7 million or $0.64 per share in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income. The reported quarterly FFO was in line with the Zacks Consensus … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Australian Dollar: Under Pressure

Posted: 03 Feb 2011 08:21 AM PST

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


Canadian Dollar: The Downside Prevails

Posted: 03 Feb 2011 08:21 AM PST

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


Appetite For Risk Hurts Gold

Posted: 03 Feb 2011 08:20 AM PST

Today’s Idea
While the fundamentals on Gold seem to be quite mixed, the momentum of the market indicates that prices could move lower. Many traders seem to favor equities and economically sensitive commodities at the present time. Technically, the Gold chart shows signs of near-term support, but prices remain at vulnerable levels. Some traders with a bearish predisposition on the Gold market may wish to look into trading a bear put spread, buying the March Gold 1325 puts and selling the March … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: USDJPY Moves Up, Then Moves Back Down. EURJPY Breaks Too

Posted: 03 Feb 2011 08:04 AM PST

EURJPY falls through the 100 and 200 day … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Short And Long Ends Diverge On Policy Amelioration At The ECB

Posted: 03 Feb 2011 07:57 AM PST

Global long ends are trapped between conflicting arguments. On the one hand the European Central Bank unwound investors’ fears over nearby changes to monetary policy as inflation picks up initially sending German yields lower. Meanwhile a rampant U.S. service sector caused investors to worry about how long the Fed might be able to reconcile temporary inflationary pressures with prevailing policy settings.
Eurodollar futures – March 10-year treasury note futures slid to 119-06 following news … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – GBP/USD Reverses Gains After String Of Strong U.S. Data

Posted: 03 Feb 2011 07:57 AM PST

Forex Pros – The pound reversed gains against the U.S. dollar on Thursday, retreating from a 12-week high, following the release of a string of better-than-expected U.S. data.

GBP/USD retreated from 1.6278, the pair's highest since November 5 to hit 1.6139 during European late afternoon trade, shedding 0.32%.

Cable was likely to find support at 1.6008, Tuesday's low and resistance at 1.6277, the day's high.

Earlier in the day, the Institute for Supply Management said that the U.S. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Guest Post: Eurozone Inflation – Diverging Trends

Posted: 03 Feb 2011 07:56 AM PST

By Also sprach Analyst, Feb. 3, 2011

from what has been said by Jean-Claude Trichet, the president of the European Central Bank (ECB), people believe that the ECB may soon be raising interest rate.  (The ECB has just decided on Feb. 3 to maintain interest rate at 1%.)

The latest figure did show that Eurozone inflation as a whole is on the rise, with the flash estimate for January now at 2.4%.  


Source: National Bureau of Statistics [[China]], St. Louis … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Crude Rises On Egypt

Posted: 03 Feb 2011 02:45 AM PST

02/03/11 A decline in Egyptian stocks and escalating tensions in the region have led the way for another ris ein crude prices today as supply concerns continue to … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – EUR/USD Extends Losses After Strong U.S. PMI Data

Posted: 03 Feb 2011 07:43 AM PST

Forex Pros – The euro extended sharp losses against the U.S. dollar on Thursday, tumbling to a three-day low, following the release of better-than-expected data on U.S. service sector activity.

EUR/USD hit 1.3617 during European afternoon trade, the pair's lowest since Monday; the pair subsequently consolidated at 1.3636, tumbling 1.25%.

The pair was likely to find support at 1.3448, the low of January 21 and resistance at 1.3824, the day's high.

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Opening Bell Market Monitor: BJ, MA, NYT

Posted: 03 Feb 2011 07:25 AM PST

02/03/11 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


A Strong 4Q For MasterCard As Card Use Climbs

Posted: 03 Feb 2011 02:00 AM PST

02/03/11 MasterCard Inc. says that its 4Q profit soared 41% as consumers used their credit and debit cards more … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Morning News Notes: 2.3.11

Posted: 03 Feb 2011 06:01 AM PST

The morning news notes as prepared by TL…initial jobless claims, Egypt, US credit rating, and investors position for US default.
 

“Morning News Notes: February 3, 2011″

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Stockopedia FTSE 100 Round-up: Royal Dutch Shell Disappoints Investors

Posted: 03 Feb 2011 04:01 AM PST

After a rally in London markets yesterday, the FTSE 100 closed last night at 6000 points only to be dragged down today by profit-taking and a cool response by investors to the full year results from oil and gas giant Royal Dutch Shell (LON:RDSA) . On a brighter note, figures from the UK's service sector purchasing managers index (PMI) bounced back in January, offering some hope that the contraction in UK GDP in the final quarter of 2010 was a blip. As lunch approached, the FTSE 100 was … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Avacta Signs Far East Distribution Deal For Drug Development System

Posted: 03 Feb 2011 01:37 AM PST

Avacta Group (LON:AVCT) , the AIM listed biotech group that supplies technology and services to the pharmaceutical and diagnostics markets, has signed a distribution deal for its Optim low volume protein analysis system in the Far East. The company has secured an exclusive distribution agreement with Cold Spring Biotech Corp in mainland China, Hong Kong and Taiwan – a region that Avacta believes is strategically important for its services. In response, the Avacta share price rose by 9.5% to … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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