Tuesday, February 15, 2011

DailyMarkets.com - HCP Beats Estimates

DailyMarkets.com - HCP Beats Estimates


HCP Beats Estimates

Posted: 15 Feb 2011 12:10 PM PST

HCP Inc. (NYSE:HCP), a health care real estate investment trust (REIT), reported fourth quarter 2010 FFO (funds from operations) of $202.6 million or 62 cents per share, compared with $106.0 million or 36 cents in the year-earlier quarter.
Funds 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.
Excluding non-recurring items, FFO for the reported quarter was $207.0 million or 64 … [visit site to read more] or compare Best Credit Cards and Best CD Rates


CenturyLink Beats By A Penny

Posted: 15 Feb 2011 12:05 PM PST

CenturyLink Inc. (NYSE:CTL), which is in the process of buying Qwest Communications Inc. (NYSE:Q), declared its fourth quarter and fiscal 2010 results before the opening bell. The company reported fourth quarter adjusted earnings of 76 cents per share, beating the Zacks Consensus Estimate by a penny. However, adjusted earnings slipped 20% from the year-ago earnings of 95 cents.
Adjusted earnings exclude integration and severance-related costs of approximately 5.6 cents per share associated with the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


GM Targets Focus On China

Posted: 15 Feb 2011 12:05 PM PST

General Motors Co.’s (NYSE:GM) focus is now on its biggest market, China, with its target to launch as many as 20 new or upgraded models within a span of 2 years. They include clean energy vehicles in order to capitalize on the future trend in the auto industry. The company’s advanced research center in Shanghai will work to meet this end.
GM's confidence in the Chinese market is backed by its surging sales in the country. In 2010, GM sold more cars in China than in the U.S. for the first time. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Watson Pharma Outperforms

Posted: 15 Feb 2011 11:35 AM PST

Watson Pharmaceuticals Inc.’s  (NYSE:WPI) fourth quarter 2010 earnings (excluding special items) of $0.93 per share were in line with the Zacks Consensus Estimate and $0.08 above the year-ago earnings. Earnings, however, dropped 70.6% to $0.15 per share on a reported basis (including special items) because of legal charges.
Revenues increased 21.2% to $952.7 million, mainly due to the strong performance of the generics business. Fourth quarter revenues surpassed the Zacks Consensus Estimate … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Hot Option Plays: S&Ps Continue To Challenge 2-Year Highs

Posted: 15 Feb 2011 11:18 AM PST

Cusick's Corner
There's not much commentary to add, the market is long and there has not been a move to the upside that would be considered the pop that we have been looking for the last few weeks. We see that the S&Ps continue to challenge 2 year highs, just below a 100% retracement of the '09 lows of 667, which has kept the trading bias strongly in to the hands of the longs. If there is to be some move to the upside with momentum then we want to see the major indices break to new … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – EUR/USD Up In U.S. Trading Hours

Posted: 15 Feb 2011 11:15 AM PST

Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on Retail Sales.

EUR/USD was trading at 1.3498, up 0.06% at time of writing.

The pair was likely to find support at 1.3429, Monday's low, and resistance at 1.3728, Thursday's high.

Earlier in the day, official data showed that retail sales in the U.S. rose less-than-expected to a seasonally adjusted 0.30% last month, from 0.50% in the preceding month whose figure was revised down from … [visit site to read more] or compare Best Credit Cards and Best CD Rates


FTI Delivers Mixed 4Q

Posted: 15 Feb 2011 11:05 AM PST

Oil drilling equipment maker  FMC Technologies Inc. (NYSE:FTI) reported a mixed fourth quarter and full-year 2010 results.
The adjusted company's earnings per share from continuing operations in fourth quarter came at 69 cents, missing the Zacks Consensus Estimate by a penny. Compared with the year-ago quarter, earnings per share declined 8.0% from 75 cents, primarily due to lower volumes in the subsea systems and reduced operating income.
Full-year 2010 earnings were $3.06 per share, up … [visit site to read more] or compare Best Credit Cards and Best CD Rates


“NYSE Euronext-Deutsche Boerese…it’s A Great Deal”

Posted: 15 Feb 2011 11:00 AM PST

02/15/11 DME Securities’ Alan Valdes weighs in on the merger between NYSE Euronext and the Deutsche … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Qwest Reports Mixed Results

Posted: 15 Feb 2011 10:55 AM PST

Qwest Communications Inc. (NYSE:Q), the third-largest U.S. local-phone services operator, reported fourth quarter adjusted earnings per share of 12 cents, surpassing the Zacks Consensus Estimate by 2 cents and the year-ago quarter by 4 cents.
Adjusted earnings exclude non-recurring charges of 21 cents per share.
For fiscal 2010, adjusted earnings were 44 cents, compared to 38 cents in 2009.
However, operating revenue declined 3.2% year-over-year to $2.89 billion and was below the Zacks Consensus … [visit site to read more] or compare Best Credit Cards and Best CD Rates


China CPI 4.9%, PPI 6.6%, Money Supply Up 53% In Two Years

Posted: 15 Feb 2011 10:50 AM PST

Courtesy of Mish

The latest numbers show inflation is soaring out of control in China. The CPI is up 4.9% year-over-year, up from 4.6% in December. The PPI clocked in at 6.6% compared with 5.9% last month.
Things are even worse than they appear at first glance because China manipulated its CPI basket to reduce the impact of soaring food prices. Thus, China's CPI numbers are not directly comparable to previous months.
Please consider China's Inflation Exceeds Target, Adding Rates … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Seven Steps The US Can Take To Reclaim The Nuclear Power Initiative

Posted: 15 Feb 2011 10:44 AM PST

Once there was a time when America bestrode the nuclear world as a colossus. Names such as Einstein, Oppenheimer, and Manhattan Project helped to win World War II and contributed to many peacetime applications as well. Over the ensuing decades, the United States allowed other nations to take the lead in the development of nuclear power.
Recently I wrote an article depicting the French Leader Sarkozy celebrating the multi-billion-dollar agreement with India to build a new generation of safe … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Harvey Mackay Podcast- How To Be A Great Manager

Posted: 15 Feb 2011 10:37 AM PST

Click here for podcast
… [visit site to read more] or compare Best Credit Cards and Best CD Rates


Marsh & McLennan Profit Rockets

Posted: 15 Feb 2011 10:35 AM PST

Marsh & McLennan Companies Inc. (NYSE:MMC) reported its fourth quarter adjusted operating earnings of 41 cents per share, a couple of pennies more than the Zacks Consensus Estimate of 39 cents, and also higher than 38 cents reported in the year-ago quarter. Adjusted operating earnings per share, which excludes one-time items in both the periods, increased 22% year over year to $379 million.
With the steady recovery in the economic environment, Marsh & McLennan posted improved results on … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Masco Posts Big Loss

Posted: 15 Feb 2011 10:35 AM PST

Masco Corporation (NYSE:MAS) reported a loss of 8 cents per share (excluding special items) in the fourth quarter of 2010 in sharp contrast to a profit of 5 cents per share (excluding special items) in the same quarter of prior year.
The company's loss was broader than the Zacks Consensus Estimate of a loss of 2 cents per share. Operating loss widened to $798 million from $197 million a year ago.
Masco's results clearly reflect the challenging market conditions, including expiration of the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – AUD/USD Down In U.S. Trade

Posted: 15 Feb 2011 10:35 AM PST

Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Tuesday.

AUD/USD was trading at 0.9988, down 0.40% at time of writing.

The pair was likely to find support at 0.9961, Friday's low, and resistance at 1.0139, Thursday's high.

Meanwhile, the Australian Dollar was down against the Euro and up against the Japanese Yen, with EUR/AUD gaining 0.55% to hit 1.3524 and AUD/JPY rising 0.15% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


World Bank: Food Prices At “dangerous Levels”

Posted: 15 Feb 2011 10:28 AM PST

WASHINGTON (AP), Yahoo! Finance– World Bank President Robert Zoellick says global food prices have hit “dangerous levels” that could contribute to political instability, push millions of people into poverty and raise the cost of groceries.
The bank says in a new report that global food prices have jumped 29 percent in the past year, and are just 3 percent below the all-time peak hit in 2008. Zoellick says the rising prices have hit people hardest in the developing world because they spend as … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Home Depot To Hire 60k Workers For Spring Rush

Posted: 15 Feb 2011 10:28 AM PST

“The Home Depot, the world’s largest home improvement retailer, today announced it will hire more than 60,000 seasonal associates in time for the Company’s second annual Spring Black Friday event.

Like the traditional Black Friday that occurs the day after Thanksgiving to unofficially start the holiday shopping season, The Home Depot’s Spring Black Friday marks the start of home improvement’s busiest shopping season. In preparation, the Company will hire and train new seasonal associates in … [visit site to read more] or compare Best Credit Cards and Best CD Rates


EWALLSTREETER.com Market Cap Performance Analysis

Posted: 15 Feb 2011 10:22 AM PST

CLICK HERE FOR CHARTS By Finviz
By Finviz
… [visit site to read more] or compare Best Credit Cards and Best CD Rates


Big Bearish Bet On Dell Pops Up Ahead Of Earnings After The Close

Posted: 15 Feb 2011 10:16 AM PST

Big bearish bet on Dell pops up ahead of earnings after the close
Today’s tickers: DELL, AKAM, NWL & EEM
Dell, Inc. (NASDAQ:DELL) – Bearish sentiment on the personal computer maker is building in options land this afternoon ahead of Dell’s fourth-quarter earnings report after the final bell. Shares in the tech company are currently down 1.5% to stand at $13.88 just after 12:30pm in New York. One big options strategist is well-positioned to benefit from limited downside movement in the price of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Alkermes In Neutral Lane

Posted: 15 Feb 2011 10:05 AM PST

We are maintaining our ‘Neutral’ recommendation on Alkermes, Inc. (NASDAQ:ALKS) with a target price of $15.00.
Alkermes is a drug delivery biotech company which uses its proprietary specialized drug delivery technologies to develop drugs for the treatment of central nervous system (CNS) disorders, alcoholism and diabetes.
Earlier this month, Alkermes disclosed financial results for the third quarter of fiscal 2011. Alkermes suffered a net loss (excluding special items but including stock-based … [visit site to read more] or compare Best Credit Cards and Best CD Rates


02.15.11 – Pivot Resistance

Posted: 15 Feb 2011 10:02 AM PST

Will we see the prototypical end-of-day buy back?

Related posts:

02.03.11 – Resistance at Pivot
09.16.10 – Strong SPY Resistance at Pivot
12.14.07 – Pivot Resistance
01.28.08 – Pivot Resistance but Strong Tick
08.14.08 – Resistance at … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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

Posted: 15 Feb 2011 10:00 AM PST

Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Tuesday.

NZD/USD was trading at 0.7527, down 0.54% at time of writing.

The pair was likely to find support at 0.7508, today's low, and resistance at 0.7720, Thursday's high.

Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.24% to hit 1.3283 and EUR/NZD rising 0.77% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Exports Make Better Jobs, But Not Necessarily More Jobs

Posted: 15 Feb 2011 09:57 AM PST

Much has been made of the increase in exports last year and the jobs exports create. The President has announced a goal of doubling exports by 2014.  Coming off a depressed level, U.S. exports rose nearly 17 percent in 2010 to $1.8 trillion. At year end, exports increased $2.8 billion from November to December. The December increase is expected by some to cause an upward revision in fourth quarter real GDP.
All this is well and good. Export growth is a good thing. However, the impact of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


European Markets Mixed At Close; Dax Up 0.05%

Posted: 15 Feb 2011 09:55 AM PST

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

At the close of European trade, Germany's DAX rose 0.05%, London's FTSE 100 shed 0.38%, France's CAC 40 climbed 0.33% and the EURO STOXX 50 was up 0.40%.

Earlier in the day, preliminary official data showed that Gross domestic product in the euro zone rose less-than-expected to a seasonally adjusted 0.30% in the last quarter from 0.30% in the preceding quarter.

Analysts had expected GDP to rise 0.40% in the last … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Omnicom Beats Zacks Estimate

Posted: 15 Feb 2011 09:50 AM PST

Omnicom Group Inc. (NYSE:OMC) posted strong operating results for the fourth quarter and fiscal 2010.  
Quarterly Highlights
During the quarter, net income grew 7.4% year over year to $244.0 million from $227.1 million in the fourth quarter of fiscal 2009. EPS also stretched by 10 cents from 73 cents in the year-ago quarter to 83 cents in the reported quarter. Reported EPS also beat the Zacks Consensus Estimate of 81 cents.
Total revenue was $3,586.8 million, representing an increase of 9.8% … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Geithner: Don’t Shrink Financial Services!

Posted: 15 Feb 2011 09:35 AM PST

Courtesy of Edward Harrison at Credit Writedowns 

This comes via Noam Scheiber at the National Review (emphasis added):

Geithner hunched his shoulders, pressed his knees together, and lifted his heels up off the ground—an almost childlike expression of glee. "We're going, like, existential," he said. He told me he subscribes to the view that the world is on the cusp of a major "financial deepening": As developing economies in the most populous countries mature, … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Earnings Scorecard

Posted: 15 Feb 2011 09:35 AM PST

Earlier this month, Canada’s largest energy company Suncor Energy Inc. (SU) announced its financial results for the fourth-quarter and year-end 2010.
Now that the analysts have had some time to ponder over the quarterly performance of Suncor, they are weighing their estimate revisions. Below we cover the results of the recent earnings announcement, subsequent analyst estimate revisions and Zacks ratings for the outlook.
Earnings Review
On February 2, 2011, Suncor reported better-than-expected … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Swedish Central Bank Raises Rates 25bps To 1.50%

Posted: 15 Feb 2011 09:30 AM PST

Sweden’s Central Bank, the Riksbank, raised the repo rate by 25 basis points to 1.5% from 1.25% previously. The Riksbank noted “The assessment is also that the repo rate needs to be raised somewhat faster in the coming period,” also noting that underlying inflation pressures are “expected to increase as economic activity strengthens”. Sweden recorded inflation of 2.3% in December 2010, compared to the Riksbank’s official inflation target of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


LA Port Sets New Export Record For January

Posted: 15 Feb 2011 09:24 AM PST

The Port of Los Angeles released shipping data today for the month of January. Here are some highlights:

1. Exports from the LA Port set a new record for the month of January, with 159,051 loaded outbound containers leaving the port last month.  That was 12.61% above January 2010, 52% above January 2009, and 7.5% above the previous record for January exports in 2008 (see chart above).  

2. The total volume of shipping at the port in January was 660,517 TEUs, which was above its … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Earnings Scorecard: Thermo Fisher

Posted: 15 Feb 2011 09:20 AM PST

Subsequent to the announcement of Thermo Fisher Scientific's (NYSE:TMO) fourth quarter and fiscal 2010 results on February 2, 2011, revision of estimates among analysts depict a positive trend for both fiscal 2011 and fiscal 2012.
Previous quarter Highlights
Thermo Fisher reported an adjusted EPS of $1.00 in the fourth quarter of fiscal 2010, surpassing both the Zacks Consensus Estimate of 95 cents and the year-ago quarter's 91 cents. For the full year, the company reported a 17% growth in EPS … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Bank Of Japan Holds Rate At 0.10%

Posted: 15 Feb 2011 09:20 AM PST

The Bank of Japan announced it would keep its overnight call rate target at zero to 0.1 percent, and maintained the size of its asset purchase program at 5 trillion yen (about 60 billion U.S. dollars). The Bank of Japan also raised its assessment of the Japanese economy, noting “Japan’s exports and production are showing signs of resuming an uptrend,” yet that the domestic economy’s upside and downside risks remain relatively … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Australian Dollar: The Downside Prevails

Posted: 15 Feb 2011 09:18 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: 15 Feb 2011 09:18 AM PST

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


Turkish Central Bank Holds Rate At 6.25%

Posted: 15 Feb 2011 09:12 AM PST

The Central Bank of the Republic of Turkey held its 1-week repurchase (repo) interest rate at 6.25%, and kept the overnight borrowing and lending rates at 1.5% and 9%. The move sees a pause in the Turkish Central Bank’s non-conventional strategy of dropping rates to try and weaken the Lira (Turkey’s official currency) and deter inflows of ‘hot money’. Turkey recorded inflation of 4.9% in January 2011 vs 6.4% in the previous … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Host Hotels Marginally Behind

Posted: 15 Feb 2011 09:05 AM PST

Host Hotels & Resorts Inc. (NYSE:HST), the largest lodging real estate investment trust (REIT) in the U.S., reported fourth quarter 2010 FFO (funds from operations) of $187 million or 26 cents per share, compared to $113 million or 18 cents 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 fourth quarter 2010 reported FFO … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Metals … Energy … Agriculture … ALL BOOMING! What Do YOU Think Is Driving Commodity Prices Sky-High?

Posted: 15 Feb 2011 09:00 AM PST

Look at this chart! The CRB Commodities Index has not only been rallying for two years …
Its rise also ACCELERATED starting in June of last year.
It's still FAR from the highs it reached in 2008.
And it has a long, lo-o-ong way to go.
That's bad news for consumers of copper, lead, gold, silver, oil, wheat, and cotton — in other words, all of us.
That is, it's bad news UNLESS you're smart enough to protect yourself against this price surge with smart investments.
Heck, in the last … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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

Posted: 15 Feb 2011 09:00 AM PST

Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on Retail Sales.

EUR/USD was trading at 1.3493, up 0.03% at time of writing.

The pair was likely to find support at 1.3429, Monday's low, and resistance at 1.3728, Thursday's high.

Earlier in the day, official data showed that retail sales in the U.S. rose less-than-expected to a seasonally adjusted 0.30% last month, from 0.50% in the preceding month whose figure was revised down from … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Conquer Your Fears

Posted: 15 Feb 2011 08:53 AM PST

Eddy Elfenbein, the editor of the Crossing Wall Street blog and named by as the “best buy-and-hold blogger”, whatever that might mean, just did a piece in his blog in which he wrote that “The S&P 500 continues to hold above its 50-day moving average. We've been above it every day since September 2, 2010. This is the 11th longest streak since 1932.” The statement was followed by the following chart:

Unfortunately this statement of fact wasn’t accompanied with any judgment or opinion. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


CORRECTING AND REPLACING SPDR® ETF FAMILY ANNOUNCES IMPACT OF RECEIVING SETTLEMENT PAYMENTS (RWR)

Posted: 15 Feb 2011 08:52 AM PST

The SPDR® Dow Jones REIT ETF (RWR) today announced that the fund received payment as an authorized claimant from a class action settlement related to Mills Corp. The total amount payable to the fund is listed below. When the fund calculates its net asset value ("NAV") per share on (…)
Read the rest of CORRECTING AND REPLACING SPDR® ETF FAMILY ANNOUNCES IMPACT OF RECEIVING SETTLEMENT PAYMENTS (RWR)
Copyright 2010 ETFDAILYNEWS.COM The copying, republication or redistribution of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Paul Farrell: “Fed Dictator Bernanke Needs To Be Toppled”

Posted: 15 Feb 2011 08:50 AM PST

Paul Farrell writes for Dow Jones MarketWatch and on his website, Wallstreet Warzone.  I highly recommend exploring his website and reading more of his work. – Ilene 
Courtesy of Tyler Durden

This must read Paul Farrell piece has to be recreated in its entirety.
Via MarketWatch
Fed Dictator Bernanke Needs To Be Toppled
Fed boss Ben Bernanke is the most dangerous human on earth, far more dangerous than Hosni Mubarak, Egypt's 30-year dictator, ever was. Bernanke rules a … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Walter Falters, Volumes Take Off

Posted: 15 Feb 2011 08:50 AM PST

Premium metallurgical coal producer and exporter Walter Energy Inc. (NYSE:WLT) announced its operating results for the fourth quarter and full-year 2010. Walter Energy's operating earnings for the fourth-quarter came in at $1.72 per share, way below the Zacks Consensus Estimate of $1.98. However, the company's results were better than 54 cents earned in the year-ago quarter.
Full-year 2010 earnings at Walter Energy were $7.18 per share, which lagged the Zacks Consensus Estimate of $7.61 and … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Risk Appetite Rises On Strong Economic Data

Posted: 15 Feb 2011 08:50 AM PST

02/15/11 Investors were favoring higher-yielding currencies this session following strong domestic economic … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Retail Sales Disappoint

Posted: 15 Feb 2011 08:40 AM PST

Retail Sales were weaker than expected in January. Total retail sales rose 0.3%, below the 0.5% consensus expectation, and are up 7.8% from a year ago. December was revised down from 0.6% growth to 0.5% growth.

The Retail Sales report covers far more than just the shopping malls and is a very broad-based measure of consumer spending. Since consumer spending makes up 71% of the economy, it is a very important number. That overstates things a bit since retail sales are mostly about the sale of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Magellan Buys Out Cushing Stake

Posted: 15 Feb 2011 08:35 AM PST

Oil pipeline and storage partnership Magellan Midstream Partners L.P. (MMP) has purchased the outstanding interest in a joint venture for the construction of 4.25 million barrels of crude oil storage in Cushing, Oklahoma. The project estimated to cost approximately $110 million will start taking delivery of oil in the second quarter and is likely to be fully operational by the end of 2011.   
As per Magellan, the firm previously held a 65% stake in the development and is acquiring the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Crude Rallies On Middle East Civil Unrest Concerns

Posted: 15 Feb 2011 03:30 AM PST

02/15/11 Front month crude rallied this session following rep[orts of spreading civil unrest in other crude producing nations in the Middle ... [visit site to read more] or compare Best Credit Cards and Best CD Rates


Earnings Preview: Barrick Gold Corp.

Posted: 15 Feb 2011 08:26 AM PST

Barrick Gold Corporation (NYSE:ABX) is slated to release its fourth quarter 2010 results on Thursday, February 17 before the market opens. The current Zacks Consensus Estimate for the fourth quarter is 85 cents, representing a significant annualized growth of 41.39%.
With respect to earnings surprise, over the trailing four quarters, Barrick Gold has outperformed the Zacks Consensus Estimate in all the four quarters. The average earnings surprise was a positive 9.74%, implying that the company has … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Ericsson And Akamai Form Alliance

Posted: 15 Feb 2011 08:26 AM PST

LM Ericsson Telephone Company (NASDAQ:ERIC) and Akamai Technologies Inc. (NASDAQ:AKAM) have entered into an agreement to jointly provide solutions to tremendous growth in mobile data transfers, devices and cloud based functions. The solutions will ensure the quality of the matter transferred through the mobile networks and of the applications used.
In the venture, Akamai's global delivery network will be combined with mobile networks for the first time, forming an integrated mobile Internet ecosystem … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Marriott Beats Zacks Estimates

Posted: 15 Feb 2011 08:26 AM PST

Marriott International Inc. (NYSE:MAR) has reported fourth quarter 2010 adjusted earnings of 39 cents per share, above the Zacks Consensus Estimate of 36 cents. Earnings were at the higher end of the company's guidance of 33 cents to 36 cents, and recorded a substantial increase of 22% year over year.
On a GAAP basis, including non-cash impairment and other charges and benefit related to the settlement with the IRS, Marriott recorded earnings of 46 cents compared with 28 cents in the year-ago … [visit site to read more] or compare Best Credit Cards and Best CD Rates


SIRIUS XM Posts Mixed 4Q

Posted: 15 Feb 2011 08:26 AM PST

SIRIUS XM Radio Inc. (NASDAQ:SIRI) declared its financial results for the fourth quarter of 2010. Quarterly GAAP net loss was $81.5 million or 2 cents per share compared with a net income of $11.8 million or break-even in the prior-year quarter. However, fourth quarter adjusted (excluding special items) EPS of 2 cents was ahead of the Zacks Consensus Estimate of break-even.
Quarterly total revenue of $735.9 million was an improvement of 8.8% year over year, but was below the Zacks Consensus Estimate … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Chunghwa Downgraded To Underperform

Posted: 15 Feb 2011 08:26 AM PST

We downgrade our recommendation for Chunghwa Telecom Co. Ltd. (NYSE:CHT), the largest integrated telecom service provider in Taiwan, to Underperform, ahead of the fourth quarter of 2010 financial results. The reason for the change in recommendation is the current high-level of valuation of the company.
Chunghwa is currently trading at the high-end of its 52-week price range. The stock price has moved up by more than 64% in the last one year. At present, Chunghwa is trading at significantly high … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Earnings Preview: CF Industries

Posted: 15 Feb 2011 08:26 AM PST

CF Industries Holdings Inc. (NYSE:CF) is slated to release its fourth quarter 2010 results on Friday, February 18 before the market opens. The current Zacks Consensus Estimate for the fourth quarter is $2.59, representing a significant annualized growth of 80.07%.
However, with respect to earnings surprise, over the trailing four quarters, CF Industries had a mixed performance. It outperformed the Zacks Consensus Estimate in two quarters while it under performed in the other two. The average … [visit site to read more] or compare Best Credit Cards and Best CD Rates


FedEx Cuts 3Q Earnings Outlook

Posted: 15 Feb 2011 08:26 AM PST

FedEx Corporation (NYSE:FDX) lowered its expectation for third quarter 2011 adjusted earnings by 25 cents per share. Severe winter storms and higher fuel prices provoked management to take this drastic step.   
The company was compelled to cancel several flights in the U.S. and Europe due to bad weather and unusually high costs. The last trading price of FedEx fell 1.5% following the guidance revision.
FedEx expects adjusted earnings, excluding FedEx Freight combination costs, to be in … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Earnings Preview: American Public

Posted: 15 Feb 2011 08:26 AM PST

American Public Education Inc. (NASDAQ:APEI), an online provider of higher education, is scheduled to report its fourth-quarter 2010 financial results on February 17, 2011. The current Zacks Consensus Estimate for the quarter is 47 cents a share. For the quarter under review, revenue is $56 million, according to the Zacks Consensus Estimate.
Third-Quarter 2010, a Synopsis
American Public Education's third-quarter 2010 results have topped the Zacks' expectations. The quarterly earnings of 30 … [visit site to read more] or compare Best Credit Cards and Best CD Rates


EWallstreeter Market Performance By Industry

Posted: 15 Feb 2011 08:21 AM PST

Click here for charts By Finviz
By Finviz
… [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: USDJPY Moves Up And Down In Consolidation Trade

Posted: 15 Feb 2011 08:19 AM PST

The USDJPY is moving in a more volatile up and down motion. The extremes are being contained by trendline support and resistance(see chart above).  Looking back further, the pair also has support against the old 2011 high from January at 83.67 and the underside of the trendline from September 2010 high at the 83.54 … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stanford Entrepreneurship Corner-Social Entrepreneurship Changing Education

Posted: 15 Feb 2011 08:16 AM PST

click here for video podcast By ecorner.stanford.edu
By ecorner.stanford.edu
… [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – Dollar Mixed Vs. Rivals As Weak U.S. Retail Sales Weigh

Posted: 15 Feb 2011 07:59 AM PST

Forex Pros – The U.S. dollar was mixed against its major counterparts on Tuesday, after official data showed U.S. retail sales rose in January for the seventh straight month, but the increase was smaller than expected.

During European late afternoon trade, the greenback was down against the euro, with EUR/USD climbing 0.18% to hit 1.3513.

Earlier Tuesday, preliminary data showed that the euro zone's economy expanded less-than-expected in the fourth quarter, while a separate report showed … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: USDCHF Falls Below 100 Hour MA And Scoots Lower

Posted: 15 Feb 2011 07:53 AM PST

The 100 hour MA and the 38.2% retracement level at 0.9677 was broken and the price scoots to the 50% retracement level at the 0.9648 level. Buyers have come in against the level but expect to see sellers against the 0.9677 level now.
ON the move lower the pair also moved back below the 100 day MA at the 0.9682 level. For the bears to remain in control, staying below the 0.9677-82 level is needed now.

As the price was breaking on the USDCHF, the price was also breaking the 200 hour MA in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


EWallstreeter Original Movie- SO YOU WANT TO GO TO HARVARD

Posted: 15 Feb 2011 07:49 AM PST

CLICK HERE FOR MOVIE By EWallstreeter.com
By EWallstreeter.com
… [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – GBP/USD Advances To 6-day High On BOE Rate Hike View

Posted: 15 Feb 2011 07:41 AM PST

Forex Pros – The pound advanced to a six-day high against the U.S. dollar on Tuesday, after data showing that U.K. consumer prices remained elevated in January fuelled expectations of a near term interest rate hike by the Bank of England.

GBP/USD hit 1.617 during European late afternoon trade, the pair's highest since February 7; the pair subsequently consolidated at 1.6144, surging 0.65%.

Cable was likely to find support at 1.5981, Monday's low and resistance at 1.623, the high of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: USDJPY Finds Some Profit Taking

Posted: 15 Feb 2011 07:29 AM PST

The USDJPY is back down testing the break out level from earlier trading today at the 83.67 level. This level was the 2011 high from January until the break higher today.
On a move below this level, there is additional support against the underside of the trend line coming down from the September 2011 high at the 83.53 area (see trendline in chart above). Look for buyers against these levels on this dip. If the price holds, look for a rotation back higher. A failure at the levels, should find … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Opening Bell Market Monitor: NYX, CBG, ING

Posted: 15 Feb 2011 07:29 AM PST

02/15/11 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


Forex – EUR/USD Trims Gains After Soft U.S. Retail Sales Report

Posted: 15 Feb 2011 07:22 AM PST

Forex Pros – The euro trimmed gains against the U.S. dollar on Tuesday, easing off the daily high after soft U.S. retail sales data weighed on the outlook for the U.S. economic recovery.

EUR/USD retreated from 1.3551, the daily high, to hit 1.3505 during European late afternoon trade, easing up 0.11%.

The pair was likely to find short-term support at 1.3427, Monday's low and resistance at 1.362, last Thursday's high.

Earlier in the day, official data showed U.S. retail sales rose in … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: EURUSD Back Down Toward Support

Posted: 15 Feb 2011 07:14 AM PST

Gold’s Corrective Wave Count To Complete At Fibonacci Cluster

Posted: 15 Feb 2011 07:12 AM PST

Gold and Silver (2/11) – Stalking Bearish Attempts
Gold (XAU/USD)

- Gold has been rallying from 1309 after developing an inverse head and shoulder.
- We look to have completed an impulse wave down to 1309, so we should be seeing a corrective rally. However, the possibility the current rally can turn out to be impulsive is there.
- The preferred count though, is that we are in a rising wedge  in the terminal wave e now, testing a 61.8% and 78.6% fibonacci retracement cluster in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


IShares Silver ETF At The Moment Of Truth (SLV, GLD, AGQ)

Posted: 15 Feb 2011 07:06 AM PST

Thomas Carreno:  The iShares Silver ETF (SLV) has powered back very close to its old all time high range of 30 and is at a crucial juncture right now.  There have been some top calls in both the(…)
Read the rest of iShares Silver ETF At The Moment Of Truth (SLV, GLD, AGQ)
Copyright 2010 ETFDAILYNEWS.COM The copying, republication or redistribution of ETFDailyNews Content, including by framing or similar means, is expressly prohibited without the prior written consent of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


U.S. Business Inventories Rise More-than-expected In December

Posted: 15 Feb 2011 07:03 AM PST

Forex Pros – U.S. business inventories rose more-than-expected in December, official data showed on Tuesday.

In a report, the U.S. Census Bureau said that wholesale inventories rose by 0.8% in December, after rising by 0.4% in November, whose figure was revised up from 0.2%.

Analysts had expected U.S. wholesale inventories to rise by 0.7% in December.

Following the release of the data, the U.S. dollar was down against the euro, with EUR/USD rising 0.11% to hit 1.3505.

Meanwhile, U.S. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Oriental Peninsula Resources Group (ORE) To Swing Higher?

Posted: 15 Feb 2011 07:00 AM PST

Oriental Peninsula Resources Group's performance in 2010 was one for the records as it posted a stellar gain of about 450% inside a year. Imagine, ORE's shares were only trading at around PHP 0.81 during the beginning of last year. And  a little over a month since then, it had exploded and never looked back until it peaked at a high of PHP 4.55 on November 23. From then on, profit taking and consequent sell-off due to negative market sentiment occurred which prompted ORE to gradually … [visit site to read more] or compare Best Credit Cards and Best CD Rates


QE2 And Technical Analysis Signals In 10 Year Treasury Yields

Posted: 15 Feb 2011 06:56 AM PST

Hmmm – if you just listened to the headlines, you would figure 10-year Note Yields would be going lower due to the QE2 Treasury Purchasing Plan from the Federal Reserve.
But not only is that NOT what happened, but the charts (technical analysis) were giving clear buy signals (rising yields) all along the way.
Let's take a look at the chasm between words and charts, and how charts show reality via simple signals.
Here's the 10-year Treasury Yield Daily Chart:

Rumors of the QE2 Stimulus … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Is Copper Still Even Tradable At These Levels? (JJC, COPX)

Posted: 15 Feb 2011 06:54 AM PST

Market contrarians enjoy seeing so many analysts and investors shift to one side of the aisle — as they currently are in commodities — in hopes of a correction ahead.(…)
Read the rest of Is Copper Still Even Tradable At These Levels? (JJC, COPX)
Copyright 2010 ETFDAILYNEWS.COM The copying, republication or redistribution of ETFDailyNews Content, including by framing or similar means, is expressly prohibited without the prior written consent of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


U.S. Stocks Decline On Downbeat Data, Earnings; Dow Sheds 0.31%

Posted: 15 Feb 2011 06:53 AM PST

Forex Pros – U.S. stocks declined after the open on Tuesday, as weaker-than-expected data on retail sales and downbeat corporate earnings results weighed on market sentiment. 

During early U.S. trade, the Dow Jones Industrial Average shed 0.31%; the S&P 500 index declined 0.24%, while the Nasdaq Composite index dipped 0.08%.

Earlier in the day, government data showed that U.S. retail sales rose less-than-expected in January, rising by 0.3%, falling short of expectations for a rise … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Deutsche Bank Suspends New Shares In Double-Long Agriculture ETN (DAG, DBC, DBA)

Posted: 15 Feb 2011 06:49 AM PST

Deutsche Bank announced that it will suspend, with immediate effect, any further issuance of the PowerShares DB Agriculture Double Long Exchange Traded Notes (DAG). "Daily repurchases at the option of holders of the notes will not be affected by this suspension, but the product will not be(…)
Read the rest of Deutsche Bank Suspends New Shares In Double-Long Agriculture ETN (DAG, DBC, DBA)
Copyright 2010 ETFDAILYNEWS.COM The copying, republication or redistribution of ETFDailyNews … [visit site to read more] or compare Best Credit Cards and Best CD Rates


California’s Tech Boom And “Bifurcated Recovery”

Posted: 15 Feb 2011 06:45 AM PST

1. “California’s Silicon Valley is Hiring Again” — “Silicon Valley is starting to pop again. Green tech is alive, as is anything in social networking. Venture capitalists are investing. Google is hiring 2,000 workers this year; Facebook is moving into new quarters with room for hundreds of additional employees.

“We’ve got a lot of recruiting to do,” said Dena Quinn, facilities manager at Skype’s Palo Alto office. The Internet phone company will hire 280 workers in Palo Alto this year, more … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Pound Jumps Following BoE Letter To The Chancellor

Posted: 15 Feb 2011 06:43 AM PST

The world of foreign exchange appears to be caught in something of a halfway house at present where global economic recovery is intertwined with inflationary pressures. With most visitors to the inn showing enormous appreciation for the chance to stop and rest as they survey the height to which they have climbed, they find alongside themselves a companion with whom they are less comfortable. As investors remain busy building an ever-higher edifice glorifying this recovery they drive exchange … [visit site to read more] or compare Best Credit Cards and Best CD Rates


GBP/USD Breaks From Bearish Momentum; Confirms Wave Count

Posted: 15 Feb 2011 06:37 AM PST

US Dollar Strength to be Tested Next Week (2/11 Video)
GBP/USD

- The GBP/USD pair bounced from the 1.5960 area and is now above the 1.61 area. This looks like that final push to 1.63 we have been anticipating.
- The structure of the rally however has not shaped out to be impulse just yet, though the acceleration suggests the current rally should be a wave 3, perhaps a wave (iii) of 3 in a terminal wave attempt towards 1.63.
- If this is the case, a decline from the current 161.8% … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Active ETF Filings: Northern Trust Joins The Crowd (ONEF, EIS)

Posted: 15 Feb 2011 06:36 AM PST

Northern Trust, the one-time issuer that began making plans for a second run at the ETF industry last year, has joined the crowd of major financial institutions seeking approval to launch actively(…)
Read the rest of Active ETF Filings: Northern Trust Joins The Crowd (ONEF, EIS)
Copyright 2010 ETFDAILYNEWS.COM The copying, republication or redistribution of ETFDailyNews Content, including by framing or similar means, is expressly prohibited without the prior written consent of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – USD/CAD Trims Losses After Disappointing U.S. Retail Data

Posted: 15 Feb 2011 06:34 AM PST

Forex Pros – The Canadian dollar modestly trimmed gains against its U.S. counterpart on Tuesday, as soft U.S. retail sales data weighed on the outlook for the U.S. economic recovery.

USD/CAD pulled back from 0.9849, the daily low, to hit 0.9871 during European afternoon trade, shedding 0.17%.

The pair was likely to find support at 0.982, Monday's low and resistance at 0.9985, Friday's high.

Earlier in the day, official data showed U.S. retail sales rose in January for the seventh … [visit site to read more] or compare Best Credit Cards and Best CD Rates


EWallstreeter Wall Street Journal Recap

Posted: 15 Feb 2011 06:30 AM PST

click here for video By HedgefundLive
By HedgefundLive
… [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stock Market Bears Can’t Keep History From Repeating (TZA, DXD, SDS, FAZ, SKF, DRV, DOG, BGZ, SH, PSQ)

Posted: 15 Feb 2011 06:27 AM PST

Jon D. Markman:  There's something in the air – and I'm not talking about spring or young love. I'm talking about a profound sense of déjà vu.(…)
Read the rest of Stock Market Bears Can't Keep History From Repeating (TZA, DXD, SDS, FAZ, SKF, DRV, DOG, BGZ, SH, PSQ)
Copyright 2010 ETFDAILYNEWS.COM The copying, republication or redistribution of ETFDailyNews Content, including by framing or similar means, is expressly prohibited without the prior written consent of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


All Eyes On Expected NYSE/Deutsche Boerse Merger Talks

Posted: 15 Feb 2011 01:25 AM PST

02/15/11 According to reports, the Deutsche Boerse will klikely announce a takeover agreement with the NYSE Euronext immediately after todays opening … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Retail Sales Reach Post-Recession High In January

Posted: 15 Feb 2011 06:21 AM PST

The Census Bureau reported today that U.S. consumers set a new all-time monthly record by spending $381.5 billion on retail and food services in January.  Without adjusting for inflation, this was the second straight month since the recession started in December 2007 that consumer spending has surpassed the pre-recession, previous record-high retail sales volume of of $380.0 billion set back in November 2007.  

The highest-ever retail spending amount in January was 7.8% higher … [visit site to read more] or compare Best Credit Cards and Best CD Rates


AVA_FX: Sterling Jumps Sharply In European After Report Showed Inflation In January Doubled BoE’s Target

Posted: 15 Feb 2011 06:18 AM PST

AVA_FX: Sterling jumps sharply in European after report showed inflation in January doubled BoE’s … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Wagner Daily: A Closer Look At These ETFs (PGF, KOL)

Posted: 15 Feb 2011 05:54 AM PST

For the most part stocks finished higher on Monday, but trade was light. The S&P MidCap 400 and the small-cap Russell 2000 led all the major averages, as both advanced 0.5% for the session. (…)
Read the rest of Wagner Daily: A Closer Look At These ETFs (PGF, KOL)
Copyright 2010 ETFDAILYNEWS.COM The copying, republication or redistribution of ETFDailyNews Content, including by framing or similar means, is expressly prohibited without the prior written consent of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Vp Plc Upbeat On Full Year As Harsh Conditions Fail To Dampen Progress

Posted: 15 Feb 2011 02:49 AM PST

Vp Plc (LON:VP.), the rental group that supplies equipment to the oil amp; gas, railway and construction industries, said today it was on course to deliver a "very satisfactory" financial result this year. Reporting on trading in the period since its interim results announcement last November, the company said that overall demand for its services had remained broadly the same as in the first half and had been largely unaffected by the severe weather in December. It now expects to … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Albemarle Amp; Bond Cheers Strong Markets And Ambitious Growth Plans

Posted: 15 Feb 2011 01:52 AM PST

Albemarle amp; Bond (LON:ABM) , the high street pawnbroking and gold buying business said this morning that it had delivered a strong performance during the first six months of its financial year. The group's pawnbroking pledge book, which represents the bulk of Albermare's revenues, grew by 32% to £36.1m, with overall pre-tax profits broadly flat at £10.7m. The muted profit performance was down to an ambitious growth strategy that saw the number of trading outlets grow from 122 to 186 … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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