DailyMarkets.com - Lackluster Fiscal Year At El Paso
DailyMarkets.com - Lackluster Fiscal Year At El Paso |
- Lackluster Fiscal Year At El Paso
- What’s Going On With Palladium?
- Top 12 Cuntries Most Likely To Go Belly Up
- Earnings Scorecard: Ventas
- Atlas Energy Merges With Chevron
- Strong 4Q For GM, But Shares Take A Dive
- The Day Ahead: Earnings, US GDP, U. Of Michigan Consumer Sentiment, UK GDP
- Forex – NZD/USD Up In Asian Trade
- Mindray Anesthesia System Cleared
- RenaissanceRe Deploys Capital Smartly
- Hot Option Plays: Oil Falls & Market Bounces Amid Rumors Gadhafi Shot
- EUR/CHF Is Channeling Down; 1.27 Is Key Support
- Plains Misses On Higher Revs
- H&R Block’s Fiscal 3Q Outlook
- NII Holdings Delivers In 4Q
- Citi Reshaping Its Units
- ProAssurance Exceeds On Top-Line
- AYE Beats On EPS, Eyes Merger
- Fluor Underperforms
- Top Trade Ideas For Friday, February 25
- Government And Private Unions Are Not The Same
- Forex – EUR/USD Up At The End Of U.S. Session
- Closing Bell Market: NEM, GM
- Forex – USD/JPY Down Toward The End Of U.S. Session
- Forest Oil Slips Despite High Sales
- Patterson Co. Trails Estimates
- Volcano Beats On Revenues
- Forex – EUR/USD Up Toward The End Of U.S. Session
- U.S. Markets Mixed At Close; Dow Jones Down 0.31%
- FDIC Banks: Problems Despite Profit
- Iron Mountain Reports In Line
- Limited Brands A Penny Ahead
- Forex – GBP/USD Down During The U.S. Session
- Sears Holdings Beats Estimate
- Lackluster Fiscal Year At El Paso
- Ensco Beats Comfortably
- Garmin Misses Zacks Consensus
- Forex – USD/CAD Down In U.S. Trade
- Stock Market Summary For Thursday, February 24, 2011 Special Alert AAPL And AGO
- Stockopedia FTSE 100 Wrap: Middle East Turmoil Impacts London Stocks
- Unrest And Its Effect On Oil
Lackluster Fiscal Year At El Paso Posted: 24 Feb 2011 05:35 PM PST El Paso Corporation (NYSE:EP) announced its fourth-quarter 2010 operating earnings of 20 cents per share, lower than the Zacks Consensus Estimate by 4 cents. The results of the company were also lower than year-ago earnings of 34 cents per share. GAAP earnings per share in the quarter were 9 cents versus 36 cents in the fourth quarter of 2009. The difference between the GAAP and operating earnings during the reported quarter was due to the impact of a few one-time items. These are a gain of 10 … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
What’s Going On With Palladium? Posted: 24 Feb 2011 04:54 PM PST I had an inquiry from a reader about what is going on with Palladium – why was it dropping so sharply of late. Honestly, I did not know the answer but this evening I did a little digging and think I may have attained a decent understanding. And after all, I bought PAL just days ago at what now looks like a very poorly timed trade – so I want to know what is going on, as well. This chart is the daily continuous contract of the Palladium future (/PA). One of the first things … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Top 12 Cuntries Most Likely To Go Belly Up Posted: 24 Feb 2011 04:13 PM PST By Dian L. Chu Risk analysis firm Maplecroft just released its new fiscal risk index ranking of 163 countries. Europe trumps all other regions with 11 out of twelve courtiers rated as “extreme risk.” However, quite surprisingly, only one PIIGS country–Italy which takes the top spot–is in the top 12. The others include many big economies in Europe - Belgium (2), France (3), Sweden (4), Germany (5), Hungary … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 24 Feb 2011 04:05 PM PST Ventas Inc. (NYSE:VTR), a leading healthcare real estate investment trust (REIT), reported fiscal 2010 fourth quarter recurring funds from operations (FFO) of 77 cents per share, which beat the Zacks Consensus Estimate by 2 cents. 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. |
Atlas Energy Merges With Chevron Posted: 24 Feb 2011 04:05 PM PST U.S.energy behemoth Chevron Corp. (NYSE:CVX) has closed its previously announced acquisition of natural gas producer Atlas Energy Inc for about $4.3 billion in stock, cash and debt. The transaction, which was declared in November, was completed following Atlas Energy shareholders' vote of approval. |
Strong 4Q For GM, But Shares Take A Dive Posted: 24 Feb 2011 03:59 PM PST 02/24/11 General Motors reported quite the impressive 4Q earnings report, however shares failed to take off Thursday on fears of rising production costs and fuel … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
The Day Ahead: Earnings, US GDP, U. Of Michigan Consumer Sentiment, UK GDP Posted: 24 Feb 2011 10:50 AM PST 02/25/11 The stories, data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – NZD/USD Up In Asian Trade Posted: 24 Feb 2011 03:50 PM PST Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Thursday. NZD/USD was trading at 0.7508, up 0.47% at time of writing. The pair was likely to find support at 0.7428, Wednesday's low, and resistance at 0.7652, Monday's high. Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.25% to hit 1.3463 and EUR/NZD falling 0.30% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Mindray Anesthesia System Cleared Posted: 24 Feb 2011 03:35 PM PST Leading Chinese medical devices maker Mindray Medical International Limited (NYSE:MR) has secured the 510 (k) clearance from the U.S. Food and Drug Administration ("FDA") for its new anesthesia system. The device, dubbed the A5 Anesthesia System, represents the first in a new generation of anesthesia machines from the Shenzhen-based company. |
RenaissanceRe Deploys Capital Smartly Posted: 24 Feb 2011 03:35 PM PST After posting favorable fourth quarter results, yesterday RenaissanceRe Holdings Ltd (NYSE:RNR) announced dividend increment and expansion of its stock repurchase program, thereby deploying excess capital to enhance shareholders' wealth. |
Hot Option Plays: Oil Falls & Market Bounces Amid Rumors Gadhafi Shot Posted: 24 Feb 2011 03:18 PM PST Cusick's Corner |
EUR/CHF Is Channeling Down; 1.27 Is Key Support Posted: 24 Feb 2011 03:10 PM PST EUR/CHF - The EUR/CHF pair is channeling down as seen in the 4H and 1H charts. It is currently in a sharper declining channel than initially, as the market accelerated since breaking below the 1.3050 pivot, and then again after breaking below 1.29. |
Posted: 24 Feb 2011 03:05 PM PST Plains Exploration & Production Co. (NYSE:PXP) posted fourth-quarter earnings of 20 cents per share, missing the Zacks Consensus Estimate of 30 cents and the year-ago profit of 61 cents. |
Posted: 24 Feb 2011 03:05 PM PST H&R Block, Inc. (NYSE:HRB) guided its fiscal third quarter 2011 revenue to $850 million. The tax preparer also expects to break even in the third quarter. The company has been reporting loss over the past two quarters. |
Posted: 24 Feb 2011 03:05 PM PST Latin American wireless operator NII Holdings Inc. (NASDAQ:NIHD) declared excellent financial results for its fourth quarter of 2010. This was primarily due to higher net subscriber addition and significantly higher operating income before depreciation and amortization. |
Posted: 24 Feb 2011 02:35 PM PST Citigroup Inc. (NYSE:C) is rearranging its U.S. retail banking and credit card business, according to a Wall Street Journal Report. The information was gathered from the internal memos at Citi. The restructuring also includes management changes at the units. Such a revamp strategy is aimed at improving sales and services in the units. |
ProAssurance Exceeds On Top-Line Posted: 24 Feb 2011 02:35 PM PST ProAssurance Corporation (NYSE:PRA) reported its fourth-quarter operating earnings of $96.1 million or $3.08 per share, surpassing the Zacks Consensus Estimate of $1.35. This also compares favorably with earnings of $79.5 million or $2.42 per share in the prior-year quarter. |
Posted: 24 Feb 2011 02:05 PM PST Allegheny Energy Inc. (NYSE:AYE) reported adjusted earnings of 62 cents per share in fourth-quarter 2010, beating the Zacks Consensus Estimate of 45 cents by 17 cents. Results however fell short of the fourth-quarter 2009 adjusted earnings of 66 cents per share. On a reported basis, the company clocked earnings of 52 cents per share versus 64 cents in the year-ago quarter. |
Posted: 24 Feb 2011 02:05 PM PST Fluor Corporation (NYSE:FLR) reported earnings per share of 65 cents in the fourth quarter of 2010 compared with earnings of 82 cents in the fourth quarter of 2009. This was below the Zacks Consensus Estimate of 75 cents. |
Top Trade Ideas For Friday, February 25 Posted: 24 Feb 2011 01:58 PM PST ( click to enlarge ) NVIDIA Corporation (NASDAQ:NVDA) looks like is testing the support level, but if it breaks through that level there could be a quick drop. This has been a strong stock in a strong sector, and this could just be a buyable dip, but be careful because RSI and MACD look weak. ( click to enlarge ) FEI Company (NASDAQ:FEIC) shares may be in a consolidation phase following a nice trend. Looks like it will move up again. Keep an eye for a possible breakout over … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Government And Private Unions Are Not The Same Posted: 24 Feb 2011 01:55 PM PST Private-sector unions have been losing both membership and power, while government, public-sector unions have been gaining political muscle and membership. In 2009, for the first time in history, there were more members of public-sector unions than private-sector union members, and unionized government workers outnumbered their private-sector counterparts by more than half a million (see chart above). Jonah Goldberg makes some excellent points in his LA Times editorial today … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – EUR/USD Up At The End Of U.S. Session Posted: 24 Feb 2011 01:55 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on New Home Sales. EUR/USD was trading at 1.3801, up 0.39% at time of writing. The pair was likely to find support at 1.3526, Tuesday's low, and resistance at 1.3820, today's high. Earlier in the day, official data showed that new home sales in the U.S. fell more-than-expected to a seasonally adjusted annual rate of 284.00K last month from 325.00K in the preceding month whose figure was … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 24 Feb 2011 01:45 PM PST 02/24/11 The latest in news, commentary, and information on what’s moving the US equities markets. Watch this broadcast LIVE at 4:00 pm EST daily @ … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – USD/JPY Down Toward The End Of U.S. Session Posted: 24 Feb 2011 01:40 PM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Thursday after the release of U.S. data on New Home Sales. USD/JPY was trading at 81.91, down 0.75% at time of writing. The pair was likely to find support at 81.63, today's low, and resistance at 83.53, Monday's high. Earlier in the day, official data showed that new home sales in the U.S. fell more-than-expected to a seasonally adjusted annual rate of 284.00K last month from 325.00K in the preceding month whose figure … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forest Oil Slips Despite High Sales Posted: 24 Feb 2011 01:36 PM PST Denver-based Forest Oil Corporation's (NYSE:FST) fourth quarter 2010 earnings of 44 cents per share (excluding non-recurring items) missed the Zacks Consensus Estimate of 47 cents and came in well below the year-earlier numbers of 56 cents. Despite higher sales volumes and lower operating costs, earnings missed our estimate due to lower commodity prices. |
Patterson Co. Trails Estimates Posted: 24 Feb 2011 01:36 PM PST Leading distributor of dental, veterinarian and rehabilitation medical supplies Patterson Companies Inc. (NASDAQ:PDCO) posted third-quarter fiscal 2011 (ended January 29) earnings per share of 47 cents, missing the Zacks Consensus Estimate by a penny while matching the year-ago earnings. Net income fell 1.2% year over year to $55.4 million as higher operating costs more than offset a modest increase in the top line. |
Posted: 24 Feb 2011 01:36 PM PST Volcano Corporation (NASDAQ:VOLC) reported net loss per share of 3 cents in the fourth quarter of fiscal 2010 compared to the year-ago quarter's net loss of 25 cents. However, on an adjusted basis (excluding one-time items and considering stock-based compensation as a regular item), the company reported break-even earnings during the quarter, compared to an EPS of 3 cents, according to the Zacks Consensus Estimate. |
Forex – EUR/USD Up Toward The End Of U.S. Session Posted: 24 Feb 2011 01:25 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims. EUR/USD was trading at 1.3804, up 0.41% at time of writing. The pair was likely to find support at 1.3526, Tuesday's low, and resistance at 1.3820, today's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 391.00K last week from 413.00K in the preceding week whose figure was revised up … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
U.S. Markets Mixed At Close; Dow Jones Down 0.31% Posted: 24 Feb 2011 01:10 PM PST Forex Pros – U.S. stocks were mixed after the closing bell on Thursday. At the close of U.S. trade, the Dow Jones Industrial Average fell 0.31%, the S&P 500 index shed 0.10%, while the Nasdaq 100 index climbed 0.54%. Earlier in the day, official data showed that new home sales in the U.S. fell more-than-expected to a seasonally adjusted annual rate of 284.00K last month from 325.00K in the preceding month whose figure was revised down from 329.00K. Analysts had expected new home sales to … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
FDIC Banks: Problems Despite Profit Posted: 24 Feb 2011 01:07 PM PST The number of banks on the Federal Deposit Insurance Corporation's (FDIC) list of problem institutions grew to 884 in the fourth quarter from 860 in the previous quarter, the agency said on Wednesday. This is the highest number since the savings and loan crisis in the early 1990s. However, the quarter witnessed strong overall profits by the FDIC insured banks. |
Posted: 24 Feb 2011 01:06 PM PST A leading information management company, Iron Mountain Inc. (NYSE:IRM) reported strong fourth quarter 2010 results. Earnings, excluding one-time items, increased 11.0% year over year to 30 cents, in line with the Zacks Consensus Estimate. The year-over-year growth was driven by higher gross margin in the quarter. |
Posted: 24 Feb 2011 01:06 PM PST Limited Brands, Inc. (NYSE:LTD), a specialty retailer of women's intimate and other apparel, beauty and personal care products, recently posted fourth-quarter 2010 results. The quarterly earnings of $1.26 per share came a penny ahead of the Zacks Consensus Estimate, but rose 24.8% from $1.01 earned in the prior-year quarter riding on improving sales environment. |
Forex – GBP/USD Down During The U.S. Session Posted: 24 Feb 2011 12:45 PM PST Forex Pros – The British Pound was lower against the U.S. Dollar on Thursday after the release of U.S. data on New Home Sales. GBP/USD was trading at 1.6134, down 0.48% at time of writing. The pair was likely to find support at 1.6085, today's low, and resistance at 1.6274, Wednesday's high. Earlier in the day, official data showed that new home sales in the U.S. fell more-than-expected to a seasonally adjusted annual rate of 284.00K last month from 325.00K in the preceding month whose … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 24 Feb 2011 12:35 PM PST Sears Holdings Corporation (NASDAQ:SHLD) reported fourth-quarter 2010 adjusted earnings of $3.67 a share, surpassing the Zacks Consensus Estimate of $3.50 a share. However, it falls short by 2 cents from the earnings of $3.69 in the prior year quarter. Including special items, earnings per share came in at $3.43 compared with $3.74 in the prior-year quarter. |
Lackluster Fiscal Year At El Paso Posted: 24 Feb 2011 12:35 PM PST El Paso Corporation (NYSE:EP) announced its fourth-quarter 2010 operating earnings of 20 cents per share, lower than the Zacks Consensus Estimate by 4 cents. The results of the company were also lower than year-ago earnings of 34 cents per share. GAAP earnings per share in the quarter were 9 cents versus 36 cents in the fourth quarter of 2009. The difference between the GAAP and operating earnings during the reported quarter was due to the impact of a few one-time items. These are a gain of 10 … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 24 Feb 2011 12:35 PM PST Ensco plc (NYSE:ESV) reported fourth quarter 2010 earnings of 90 cents per share from continuing operations, handily beating the Zacks Consensus Estimate of 69 cents. However, results were well below the year-ago quarter's earnings of $1.40 per share, mainly due to lower dayrates and utilization. |
Posted: 24 Feb 2011 12:05 PM PST Garmin Ltd. (NASDAQ:GRMN) reported fourth quarter earnings that missed consensus estimates by 19 cents, or 21.8%. Currency had a 15 cent negative impact on earnings, and if excluded would have raised the EPS by a like amount. |
Forex – USD/CAD Down In U.S. Trade Posted: 24 Feb 2011 12:05 PM PST Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Thursday. USD/CAD was trading at 0.9836, down 0.60% at time of writing. The pair was likely to find support at 0.9818, today's low, and resistance at 0.9960, Wednesday's high. Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.41% to hit 1.3805 and GBP/USD falling 0.46% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Stock Market Summary For Thursday, February 24, 2011 Special Alert AAPL And AGO Posted: 24 Feb 2011 11:16 AM PST We are going to add Apple Inc. (symbol: AAPL) at the current price of $340.33 and Assured Guaranty Ltd. (symbol: AGO) at the current price of $15.25 to our watch … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Stockopedia FTSE 100 Wrap: Middle East Turmoil Impacts London Stocks Posted: 24 Feb 2011 07:49 AM PST With two long-term North African leaders overthrown and big question marks over the short term prospects for two others, it was little surprise to see London's index of leading shares lose ground this week. After touching a year-high of 6,100 points towards the end of last week, the FTSE 100 (UKX) had slipped to 5,900 by lunch on Thursday. Analysts predicted further falls as uncertainty in increasingly important strategic areas of the Middle East continued to emerge. The recent toppling of … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 23 Feb 2011 10:00 PM PST We've all watched with uncertainty as an uprising in a small North African country more than a month ago has turned into a revolution for the entire region. The turmoil has sent global markets tumbling and oil prices above $100 per barrel for the first time since 2008. |
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