DailyMarkets.com - The Incredible Shrinking Social Security Fund
DailyMarkets.com - The Incredible Shrinking Social Security Fund |
- The Incredible Shrinking Social Security Fund
- MEMC Misses Ests, Grows Annually
- Hubbell Tops, Guidance Conservative
- ArvinMeritor Misses, Loss Widens
- Whirlpool Reports Mixed 4Q
- Bearish Plays Pile Up At Salix Pharmaceuticals
- Forex – AUD/USD Down During The U.S. Session
- Autoliv Exalts On A Threefold Jump
- Electronic Arts Misses, Shares Up
- Deutsche Watchful On Earnings
- Hospira Misses; 2011 View Weak
- Check Point Beats By A Nickel
- Forex – NZD/USD Down During The U.S. Session
- European Markets Mixed At Close; Dax Down 0.01%
- Covidien Outshines, Backs View
- Alliance Data Beats On Bottom-Line
- Western Union Delivers Ahead
- Patriot’s Positive Turn Stuns
- Forex – EUR/USD Down At The End Of European Session
- Forex Trading: USDJPY Breaks Above Trendline Resistance
- Leggett Misses But Outlook Bright
- ADP Sees Gain Of 187,000 Jobs
- Forex Trading: EURUSD Has A Little Bit For Everyone Today
- Earnings Preview: Cardinal Health
- Wisconsin Energy Ups EPS, Fails Rev
- Australian Dollar: Under Pressure
- Canadian Dollar: The Downside Prevails
- Wolverine Beats, Guides Favorably
- AMSC Beats, Raises Guidance
- Mixed Results From Silgan
- Forex – Dollar Broadly Higher Vs. Rivals After ADP Payrolls Report
- Crude Rise Continues
- Forex – GBP/USD Holds Gains After Better-than-expected ADP Data
- CAD Gathers Momentum, Targeting January Lows, 0.97
- Forex – EUR/USD Softens On Concerns Over Euro Rescue Fund
- Morning News Notes: 2.2.11
- Sweet 4Q Results For Hershey
- Ascent Resources Gets Go-ahead For EnQuest Deal In Slovenia
- Matra Petroleum Upbeat On “substantial Progress” At Russian Oil Wells
| The Incredible Shrinking Social Security Fund Posted: 02 Feb 2011 11:55 AM PST Last week, I talked about mounting problems for state and city pension funds … along with the possibility that some of them could ultimately go belly up. And while a lot of folks continue to say such a thing could never happen, I have yet to hear a good explanation for where the needed money is going to come from. In Illinois they've already jacked personal income taxes up 67 percent this year alone! How much more money can state and local governments extract from their … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| MEMC Misses Ests, Grows Annually Posted: 02 Feb 2011 11:35 AM PST MEMC Electronic Materials Inc. (NYSE:WFR) reported fourth-quarter 2010 adjusted net income per share of 25 cents, which missed the Zacks Consensus Estimate of 32 cents. However, the share price rose 3.35% in after-hours trading, presumably on strong performance in the Solar Energy segment.
|
| Hubbell Tops, Guidance Conservative Posted: 02 Feb 2011 11:25 AM PST Hubbell Inc.'s (HUB.B) fourth quarter earnings of 97 cents (96 cents available for Hubbell shareholders) that beat the Zacks consensus by 9 cents, or 10.2% on revenues that beat by 2.9%.
|
| ArvinMeritor Misses, Loss Widens Posted: 02 Feb 2011 11:05 AM PST ArvinMeritor Inc. (NYSE:ARM) depicted a wider loss of $6 million or 7 cents per share (adjusted) in the first quarter of its fiscal year compared with $4 million or 6 cents per share (adjusted) in the same quarter of prior fiscal year. With this, the auto parts maker missed the Zacks Consensus Estimate of breakeven results during the quarter.
|
| Posted: 02 Feb 2011 11:05 AM PST Whirlpool Corporation (NYSE:WHR) reported net earnings of $171 million or $2.19 per share for the last quarter of 2010, showing marked improvement compared with $95 million or $1.24 per share reported during the same period last year. Net earnings, reported by the company in the 2010 quarter, include a $10 million or $0.08 per share gain from the sale of a brand.
|
| Bearish Plays Pile Up At Salix Pharmaceuticals Posted: 02 Feb 2011 10:38 AM PST Bearish plays pile up at Salix Pharmaceuticals
|
| Forex – AUD/USD Down During The U.S. Session Posted: 02 Feb 2011 10:38 AM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Wednesday. AUD/USD was trading at 1.0070, down 0.42% at time of writing. The pair was likely to find support at 0.9867, Monday's low, and resistance at 1.0148, Tuesday's high. Meanwhile, the Australian Dollar was down against the Euro and up against the Japanese Yen, with EUR/AUD gaining 0.12% to hit 1.3696 and AUD/JPY rising 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Autoliv Exalts On A Threefold Jump Posted: 02 Feb 2011 10:35 AM PST Autoliv Inc. (NYSE:ALV) showed about threefold increase in profit of $177.5 million or $1.89 per share in the fourth quarter of 2010 from $61.3 million or 68 cents per share in the same quarter of 2009. The profit far exceeded the Zacks Consensus Estimate by 21 cents per share. The increase in profit was attributable to higher sales (especially in the Rest of the World region) and restructuring measures.
|
| Electronic Arts Misses, Shares Up Posted: 02 Feb 2011 10:35 AM PST Electronic Arts Inc. (NASDAQ:ERTS) reported third quarter 2011 results, which missed the Zacks Consensus Estimate of 47 cents. However, shares were up $1.58 (10.12%) in after-hours trading due to a strong growth outlook and the announcement of a share repurchase program.
|
| Posted: 02 Feb 2011 10:35 AM PST Deutsche Bank AG (NYSE:DB) has cautioned about its fourth quarter 2010 earnings. The company expects earnings to decrease from the prior-year quarter on the back of acquisition-related costs and restructuring expenses.
|
| Hospira Misses; 2011 View Weak Posted: 02 Feb 2011 10:35 AM PST Hospira Inc.(NYSE:HSP) reported earnings per share of 77 cents for the fourth quarter of 2010, much below the Zacks Consensus Estimate of 93 cents and the year-earlier earnings of 87 cents. The lackluster earnings performance was due to lower revenues and higher research and development expenses.
|
| Posted: 02 Feb 2011 10:05 AM PST Check Point Software Technologies Ltd. (NASDAQ:CHKP) posted strong fourth quarter 2010 results, with adjusted earnings per share of 70 cents surpassing the Zacks Consensus Estimate of 65 cents. The adjusted earnings per share exclude one-time items, but include stock-based compensation expense. Check Point witnessed strong network security product sales across all regions.
|
| Forex – NZD/USD Down During The U.S. Session Posted: 02 Feb 2011 10:03 AM PST Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Wednesday. NZD/USD was trading at 0.7792, down 0.29% at time of writing. The pair was likely to find support at 0.7686, Monday's low, and resistance at 0.7825, today's high. Meanwhile, the New Zealand Dollar was up against the Australian Dollar and down against the Euro, with AUD/NZD shedding 0.10% to hit 1.2925 and EUR/NZD rising 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| European Markets Mixed At Close; Dax Down 0.01% Posted: 02 Feb 2011 09:58 AM PST Forex Pros – European stocks were mixed after the closing bell on Wednesday. At the close of European trade, Germany's DAX fell 0.01%, London's FTSE 100 gained 0.65%, France's CAC 40 declined 0.15% and the EURO STOXX 50 was up 0.20%. Meanwhile, on Wall Street, equity markets were mixed after the open. The Dow Jones Industrial Average was up 0.02%; the S&P 500 index shed 0.17%, while the Nasdaq 100 index declined … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Covidien Outshines, Backs View Posted: 02 Feb 2011 09:35 AM PST International medical technology giant Covidien plc (NYSE:COV) reported first-quarter fiscal 2011 (ended December 24) adjusted earnings per share (from continuing operation) of 95 cents, outstripping the Zacks Consensus Estimate of 81 cents and exceeding the year-ago earnings of 84 cents. Adjusted earnings exclude one-time items such as inventory and restructuring charges.
|
| Alliance Data Beats On Bottom-Line Posted: 02 Feb 2011 09:35 AM PST Alliance Data Systems Corporation (NYSE:ADS) reported adjusted earnings of $1.56 per share for fourth-quarter 2010, beating the Zacks Consensus estimate by 25 cents. Results decreased 7% year over year and exceeded the company’s guidance of $1.40. Adjusted net income for the quarter was $86.4 million, down 8% from $93.6 million reported in fourth-quarter 2009.
|
| Posted: 02 Feb 2011 09:05 AM PST Western Union Co.'s(NYSE:WU) fourth quarter earnings came in at 38 cents per share, 4 cents ahead of the Zacks Consensus Estimate, benefiting from a strong margin improvement led by its Consumer-to-Consumer (C2C) segment. The earnings also compared favorably with 32 cents in the prior-year quarter.
|
| Posted: 02 Feb 2011 09:05 AM PST Coal producer Patriot Coal Corporation's (NYSE:PCX) fourth quarter earnings came in at 8 cents per share, overcoming the pessimistic Zacks Consensus Estimate of a loss of 35 cents. The company's quarterly earnings was, however, shy of the year-ago quarter earnings of 12 cents.
|
| Forex – EUR/USD Down At The End Of European Session Posted: 02 Feb 2011 09:03 AM PST Forex Pros – The Euro was lower against the U.S. Dollar on Wednesday after the release of U.S. data on ADP Nonfarm Employment Change. EUR/USD was trading at 1.3774, down 0.40% at time of writing. The pair was likely to find support at 1.3570, Monday's low, and resistance at 1.3862, today's high. Earlier in the day, official data showed that non-farm employment change in the U.S. rose more-than-expected to a seasonally adjusted 187.00K last month, from 247.00K in the preceding month whose … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex Trading: USDJPY Breaks Above Trendline Resistance Posted: 02 Feb 2011 08:46 AM PST |
| Leggett Misses But Outlook Bright Posted: 02 Feb 2011 08:35 AM PST Leggett & Platt Inc. (NYSE:LEG), the manufacturer of diversified engineered products and components, recently posted fourth-quarter and fiscal 2010 results that missed Zacks estimates.
|
| Posted: 02 Feb 2011 08:35 AM PST The Automatic Data Processing (ADP) employment survey was better than expected in January. It shows that private sector employment rose by 187,000 in January, well above consensus expectations for a 145,000 increase. Of course, last month, ADP was way off the mark and reported a gain of 297,000 private sector jobs and the BLS only reported a gain of 113,000 from the private sector (and 103,000 total).
|
| Forex Trading: EURUSD Has A Little Bit For Everyone Today Posted: 02 Feb 2011 08:32 AM PST |
| Earnings Preview: Cardinal Health Posted: 02 Feb 2011 08:25 AM PST Cardinal Health (NYSE:CAH) is slated to report second-quarter fiscal 2011 (ending December 31) results on Thursday, February 3. The current Zacks Consensus Estimate for the second quarter is 61 cents per share, representing an estimated 7.20% year-over-year hike. The company expects earnings per share in the range of $2.38 to $2.48, or a year over year increase of 7% to 12%, for fiscal 2011, excluding the recent Kinray and Yong Yu acquisitions. The current Zacks Consensus Estimate for revenues for … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Wisconsin Energy Ups EPS, Fails Rev Posted: 02 Feb 2011 08:25 AM PST Energy utility, Wisconsin Energy Corporation (NYSE:WEC), posted net operating earnings of $1.06 per share in the fourth quarter of 2010, ahead of the Zacks Consensus Estimate of $1.01 per share and the year-ago quarter’s operating earnings of 96 cents per share.
|
| Australian Dollar: Under Pressure Posted: 02 Feb 2011 08:18 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: 02 Feb 2011 08:18 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Wolverine Beats, Guides Favorably Posted: 02 Feb 2011 08:15 AM PST Wolverine World Wide Inc. (NYSE:WWW), one of the leading designers, manufacturers and marketers of branded footwear and apparel, recently posted fourth-quarter 2010 results that topped the Zacks expectation on the heels of strong demand witnessed across its brands. The company also provided an impressive outlook for fiscal 2011 on a strong order backlog.
|
| Posted: 02 Feb 2011 08:15 AM PST American Superconductor Corporation (NASDAQ:AMSC) announced its third-quarter fiscal 2010 ending December 31, 2010, earnings of 33 cents per share beating the Zacks Consensus Estimate of 27 cents. Earnings in the reported quarter comfortably beat the year-ago earnings of 12 cents per share.
|
| Posted: 02 Feb 2011 08:15 AM PST Silgan Holdings Inc. (NASDAQ:SLGN) delivered adjusted EPS of 42 cents in its fourth quarter ended December 31, 2010, outperforming the Zacks Consensus Estimate of 40 cents and increasing 35% from 31 cents in the year-ago quarter. The adjusted EPS was in line with management's guidance of 33–43 cents for the fourth quarter.
|
| Forex – Dollar Broadly Higher Vs. Rivals After ADP Payrolls Report Posted: 02 Feb 2011 08:11 AM PST Forex Pros – The U.S. dollar was broadly higher against its major rivals on Wednesday, after a report showing U.S. private sector employers added more jobs than expected in January. During European late afternoon trade, the greenback was slightly higher against the euro, with EUR/USD sliding 0.14% to hit 1.3809. Earlier in the day, Germany rejected the idea of creating a euro-zone bond and reaffirmed that revisions to the existing euro-zone fiscal rescue facility were likely to require … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Posted: 02 Feb 2011 08:00 AM PST 02/02/11 Front month crude prices continued to rise this session following strength in higher-yielding currencies and concerns over protests in … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex – GBP/USD Holds Gains After Better-than-expected ADP Data Posted: 02 Feb 2011 07:54 AM PST Forex Pros – The pound held gains against the U.S. dollar on Wednesday, trading close to a three-month high after a private report showed U.S. employers added more jobs last month than analysts expected. GBP/USD hit 1.623 during European late afternoon trade, the pair's highest since November 5, the pair subsequently consolidated at 1.6207, gaining 0.38%. Cable was likely to find support at 1.6126, the day's low and resistance at 1.6293, the high of November 5. Earlier in the day, data … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| CAD Gathers Momentum, Targeting January Lows, 0.97 Posted: 02 Feb 2011 07:46 AM PST The Canadian Dollar has been a very strong performer the last two sessions, as the consolidation range between 0.99 and 1.0050 was broken to the downside in yesterday's session.
|
| Forex – EUR/USD Softens On Concerns Over Euro Rescue Fund Posted: 02 Feb 2011 07:28 AM PST Forex Pros – The euro softened against the U.S. dollar on Wednesday, as signs of dissent over the euro zone rescue plan and fresh unrest in Egypt saw some investors sell the currency to lock in profits on its recent rise. EUR/USD retreated from 1.3862, the pair's highest since November 9, to hit 1.3807 during European late afternoon trade, shedding 0.15%. The pair was likely to find support at 1.3689, Tuesday's low and resistance at 1.3973, the high of November 9. German Deputy Finance … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Posted: 02 Feb 2011 07:03 AM PST The morning news notes as prepared by TL…ADP employment, Fed passes China as largest holder of Treasuries, the Fed remains dovish and is thinking about QE3, energy tops sector returns for January, Egypt, and Yemen. “Morning News Notes: February 2, 2011″ click … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Posted: 02 Feb 2011 07:00 AM PST 02/02/11 The Hershey Company reported another quarter of sweet results on … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Ascent Resources Gets Go-ahead For EnQuest Deal In Slovenia Posted: 02 Feb 2011 04:04 AM PST Ascent Resources (LON:AST), the AIM-quoted oil and gas company, has received all the necessary consents it needs to complete a deal with FTSE 250 oil group EnQuest (LON:ENQ) involving the Petišovci Project in Slovenia. Last December the two sides agreed a move that will see Ascent buy Enquest's 48.75% interest in the gas project in return for a 22.5% of the company's equity. In response, the Ascent Resources share price fell by 2.8% to 8.6p while the EnQuest share price edged higher to … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Matra Petroleum Upbeat On “substantial Progress” At Russian Oil Wells Posted: 02 Feb 2011 01:13 AM PST Matra Petroleum (LON:MTA) , the AIM listed oil and gas group operating in Russia, said this morning that efforts to get production under way from Well-12 and Well-13 on its Sokolovskoe field near Orenburg were beginning to bear fruit. Periodic short flows of Well-13 have shown that the water zone that had previously dogged the well has been successfully isolated and only oil is now flowing. Matra reported that the well was flowing oil at a rate below 100 barrels per day and that now the water … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home