DailyMarkets.com - Billionaire Fund Manager Thomas Kaplan On Gold

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• Billionaire Fund Manager Thomas Kaplan On Gold
• Whole Foods Surpasses Estimates
• Three Reasons To Consider Colombian ETFs
• Forex – EUR/USD Down In U.S. Trading Hours
• A Mixed Bag At Scripps Networks
• Look For Towerjazz To Show Strength
• Banker Pay Curb: A Precaution?
• “Egypt….change Creates A Lot Of Unknowns”
• Torchmark’s Profit Soars
• PepsiCo Beats By A Penny
• MetLife Incurs Loss, ALICO Supports
• Allstate Fumbles On Top Line
• Forex – AUD/USD Down In U.S. Trade
• Forex – NZD/USD Down During The U.S. Session
• European Markets Mixed At Close; Dax Up 0.26%
• Bullish Player Adjusts Sizable Stance In EMC Corp. Call Options
• AUD/JPY’s Rally Is In Rhythm And Should Break 83.70
• NY Politicians Seek To Tame Lawless Bus Industry
• Dollar Rebounds On Risk Aversion
• Oil Trades Below $86

Billionaire Fund Manager Thomas Kaplan On Gold Posted: 10 Feb 2011 11:55 AM PST C/O of GATA, here are some of Thomas Kaplan's thoughts on Gold. Pay special attention to the bold: Even today, as the gold rally has reached the 10-year mark (following a 20-year bear market), the metal represents a mere 0.6 per cent of total global financial assets (stocks, bonds and cash). This is near the all-time low (0.3 per cent) reached in 2001, and significantly below the 3 per cent it accounted for in 1980 and the 4.8 per cent it was in 1968. However, there are changes … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Whole Foods Surpasses Estimates Posted: 10 Feb 2011 11:30 AM PST Whole Foods Market Inc. (NASDAQ:WFMI), one of the leading natural and organic foods supermarkets, recently posted better-than-expected first-quarter 2011 results on the back of strong sales as shoppers flocked to the grocery chain. Let's Dig Deep Austin, Texas-based Whole Foods said that quarterly earnings of 51 cents a share surpassed the Zacks Consensus Estimate of 45 cents, and jumped 59.4% from 32 cents earned in the prior-year quarter. However, management cautioned that the company may not … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Three Reasons To Consider Colombian ETFs Posted: 10 Feb 2011 11:18 AM PST As commodity prices continue to increase and the US dollar remains weak, commodity rich frontier markets, in particularly Colombia, may pose an opportunity to investors.  One of the primary drivers behind Colombia's' appeal is its vast supply of natural resources.  The nation is rich in oil, coal and other minerals, all commodities that are likely to witness elevated demand from both developing and developed nations as the global economy mends and economies grow.  … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down In U.S. Trading Hours Posted: 10 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 1.3600, down 0.97% at time of writing. The pair was likely to find support at 1.3509, Monday's low, and resistance at 1.3744, Wednesday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 383.00K last week from 419.00K in the preceding week whose figure was … [visit site to read more] or compare Best Credit Cards and Best CD Rates

A Mixed Bag At Scripps Networks Posted: 10 Feb 2011 11:10 AM PST Scripps Networks Interactive, Inc. (NYSE:SNI) today reported mixed financial results for fourth quarter of 2010. Quarterly consolidated revenue of $573 million was an improvement of 33.3% year over year and also above the Zacks Consensus Estimate of $561 million. Interestingly, even excluding the contribution from the newly acquired Travel Channel, organic revenue increased 20% year over year. Quarterly GAAP net income was $130.6 million or 77 cents per share compared with a net income of $94.4 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Look For Towerjazz To Show Strength Posted: 10 Feb 2011 11:10 AM PST Ken Nagy, CFA Look for Towerjazz (TSEM) to Show Strength Earnings Preview/ Foundry Position/ 2011 Outlook Towerjazz will continue to make good on its promises of $500 million revenue run rate and 70% year over year growth. For good measure the firm got to GAAP net profit one quarter (last quarter) earlier than the firm originally promised. (The first in 10 years) The firm has been building capacity due to accelerated design-win momentum. We expect another strong quarter in the fourth quarter, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Banker Pay Curb: A Precaution? Posted: 10 Feb 2011 11:10 AM PST Finally, the Federal Deposit Insurance Corp. (FDIC) has awakened to enforce limits on bankers' pay. According to proposed rules issued by the FDIC earlier this week, top executives at mega banks will now have to bear a long wait—for at least three years—to get half their annual bonuses. This is an effort to restrain excessive risk-taking by banks, which was one of the crucial reasons that sparked off the 2007–2009 financial crisis. The FDIC was bulldozed into taking this action … [visit site to read more] or compare Best Credit Cards and Best CD Rates

“Egypt….change Creates A Lot Of Unknowns” Posted: 10 Feb 2011 11:10 AM PST 02/10/11 Seaport Securities’ Teddy Weisberg weighs in on the market reaction to the latest developments out from … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Torchmark’s Profit Soars Posted: 10 Feb 2011 10:50 AM PST Torchmark Corp.(NYSE:TMK) reported fourth-quarter net operating income of $1.68 per share, which compared favorably with $1.47 in the year ago quarter aided by a higher underwriting income, coupled with increased investment income. Lower share count compared  with last year, due to share repurchases, also buoyed the bottomline. Total insurance premium of Torchmark rose 1.0% year over year to $655.2 million in the reported quarter, owing to higher premium from Life insurance and Medicare … [visit site to read more] or compare Best Credit Cards and Best CD Rates

PepsiCo Beats By A Penny Posted: 10 Feb 2011 10:40 AM PST PepsiCo Inc. (NYSE:PEP) reported fourth quarter and full fiscal 2010 results. New York-based PepsiCo's core earnings advanced 17% to $1.05 per share in the quarter compared to the year-ago period. Earnings were a penny above the Zacks Consensus Estimate of $1.04. The year-over-year growth reflects the acquisition of its two anchor bottlers, broad-based gains across its snack and beverage portfolio in key international markets, disciplined investments and prudent cost controls. For the full year, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

MetLife Incurs Loss, ALICO Supports Posted: 10 Feb 2011 10:40 AM PST Zacks has removed this article. Thank you   AMER INTL GRP (AIG): Free Stock Analysis … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Allstate Fumbles On Top Line Posted: 10 Feb 2011 10:40 AM PST Allstate Corporation's (NYSE:ALL) fourth quarter operating earnings of 50 cents per share came in dramatically behind the Zacks Consensus Estimate of 86 cents and $1.09 per share recorded in the year-ago quarter. Results for the quarter deteriorated primarily due to high catastrophe losses and increased frequency of auto insurance claims in the Property-Liability insurance segment, coupled with low investment income. However, prudent capital management and strong liquidity were quite impressive … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Down In U.S. Trade Posted: 10 Feb 2011 10:35 AM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Thursday. AUD/USD was trading at 1.0044, down 0.80% at time of writing. The pair was likely to find support at 1.0010, today's low, and resistance at 1.0190, Tuesday's high. Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.04% to hit 1.3559 and AUD/JPY rising 0.19% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Down During The U.S. Session Posted: 10 Feb 2011 10:00 AM PST Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Thursday. NZD/USD was trading at 0.7661, down 0.80% at time of writing. The pair was likely to find support at 0.7638, today's low, and resistance at 0.7788, Tuesday's high. Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.05% to hit 1.3111 and EUR/NZD rising 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

European Markets Mixed At Close; Dax Up 0.26% Posted: 10 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 0.26%, London's FTSE 100 shed 0.53%, France's CAC 40 climbed 0.11% and the EURO STOXX 50 was down 0.20%. Meanwhile, on Wall Street, equity markets were mixed after the open. The Dow Jones Industrial Average was down 0.24%; the S&P 500 index shed 0.11%, while the Nasdaq 100 index climbed … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bullish Player Adjusts Sizable Stance In EMC Corp. Call Options Posted: 10 Feb 2011 09:52 AM PST Bullish player adjusts sizable stance in EMC Corp. call options Today’s tickers: EMC, MHS, AA & AEO EMC Corp. (NYSE:EMC) – Large blocks of in- and out-of-the-money call options exchanged on EMC Corp. during the first 25 minutes of the trading session appear to be the work of one investor taking profits off the table on the one hand, and ultimately extending bullish sentiment on the stock on the other. Shares in the provider of information infrastructure technologies and solutions are currently … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AUD/JPY’s Rally Is In Rhythm And Should Break 83.70 Posted: 10 Feb 2011 09:19 AM PST AUD/JPY is in a Bullish Breakout with 85.00 Target in Sight (2/7) AUD/JPY - AUD/JPY was seen in a bullish breakout with 85.00 in sight. Resistance at 83.70 was respected. It was the high from 12/14/2010. - A break above suggests a swing projection to 85.00 as seen in the daily chart. - The current bounce off the SMA 50 in the 4H chart reflects a rally in rhythm, and builds a good case of breaking above 83.70. - The daily chart shows a positive reversal signal (lower RSI low, but higher price … [visit site to read more] or compare Best Credit Cards and Best CD Rates

NY Politicians Seek To Tame Lawless Bus Industry Posted: 10 Feb 2011 09:18 AM PST A thriving business has developed over the last few years that delivers super low-cost express bus transportation between cities like Washington D.C. and New York City, for as low as $1 (see picture above), but with fares typically running more like $26 round-trip on Megabus, $55 round-trip on DC 2 NY, and $35 round-trip on Chinatown Bus for travel in February. So what’s the problem? The buses are clean, convenient, affordable, on time, and offer free wireless service, and the intense … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Dollar Rebounds On Risk Aversion Posted: 10 Feb 2011 04:00 AM PST 02/10/11 A decline in global equities has helped the US dollar rebound this session as investors seek out safer-haven … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Oil Trades Below $86 Posted: 10 Feb 2011 03:00 AM PST 02/10/11 A decline in crude prices continued this sessi0n following a rise in the safer-haven US … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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