Wednesday, February 2, 2011

DailyMarkets.com - Scottrade Review: One Of The Top Rated Online Stock Brokers

DailyMarkets.com - Scottrade Review: One Of The Top Rated Online Stock Brokers

Scottrade Review: One Of The Top Rated Online Stock Brokers

Posted: 02 Feb 2011 07:35 AM PST

When looking for an online broker, it’s important for you to find one that not only provides competitive pricing on your trades, but also one that suits your needs the most. Finding a good online broker can be a chore, as you need to compare the pros and cons of the broker before you open an account. Here, I’ll take an in-depth look at Scottrade, one of the more popular online discount brokers in the U.S.

One of the most established online discount brokers in the U.S. is Scottrade. With this … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Opening Bell Market Monitor: MAT, TWX, WHR

Posted: 02 Feb 2011 07:12 AM PST

02/02/11 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

Kinetic Tops EPS, Revs Matches

Posted: 02 Feb 2011 07:05 AM PST

Kinetic Concepts (NYSE:KCI) reported an EPS of $1.03 for the fourth quarter of fiscal 2010 compared to 93 cents in the year-ago quarter. However, adjusted EPS was $1.17, beating the Zacks Consensus Estimate of $1.15 and the year-ago quarter's earnings of $1.10. For fiscal 2010, adjusted EPS came in at $4.29, a penny above the Zacks Consensus Estimate and higher than the previous year's $3.99.
Kinetic's revenue of $527.5 million during the quarter is almost in line with the Zacks Consensus … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AIG Offloads Star & Edison Units

Posted: 02 Feb 2011 06:55 AM PST

After the successful completion on the recapitalization front last month, yesterday American International Group Inc. (NYSE:AIG) announced the sale of its Japan-based AIG Star Life Insurance Co. (Star) and AIG Edison Life Insurance Co. (Edison) to Prudential Financial Inc. (NYSE:PRU) for the agreed price of $4.8 billion.
The sale price comprises cash payment of $4.2 billion while the remaining $600 million is assumed as a third-party debt. On September 29, 2010 AIG had agreed to sell Star and Edison … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market News Briefs: Celanese, C.H. Robinson Worldwide, Cummins, Corinthian Colleges, Energizer Holdings, ICU Medical, Lear, McGraw-Hill Companies, Silicon Motion Technology, MEMC Electronic Materials

Posted: 02 Feb 2011 06:55 AM PST

 Corinthian Colleges (NASDAQ:COCO) reported Q2 EPS of $0.23, missing the Zacks Consensus Estimate by a penny. Revenues for the quarter rose 16.5% year-over-year to $482.8 million, well ahead of the Zacks Consensus Estimate of $463 million

 Cummins (NYSE:CMI) reported Q4 EPS of $1.84, above the Zacks Consensus Estimate of $1.41 per share. Revenues rose 22% year-over-year to $4.14 billion, ahead of the Zacks Consensus Estimates of $3.585 billion

 Celanese Corp. (NYSE:CE) reported Q4 EPS … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Time Warner Beats, Enhances Return

Posted: 02 Feb 2011 06:55 AM PST

Time Warner Inc. (NYSE:TWX), the diversified media conglomerate, posted better-than-expected fourth-quarter 2010 results on the heels of an increase in advertising and subscription revenues. The company also hiked its quarterly dividend and boosted its share repurchase program.
The shares of Time Warner rose 2.6% or 84 cents to $33.15 in pre-market trading.
The quarterly earnings of 67 cents a share outdid the Zacks Consensus Estimate of 62 cents, and rose 22% from 55 cents earned in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Setback For Orexigen

Posted: 02 Feb 2011 06:55 AM PST

Orexigen Therapeutics Inc. (OREX) was dealt a severe blow by the US Food and Drug Administration (FDA) when the regulatory body declined to approve its obesity drug, Contrave in the present form and issued a complete response letter (CRL). Contrave, which aimed at addressing the physiological and behavioral causes of obesity, has been co-developed with Japan's Takeda.
While issuing the CRL, dated January 31, 2011, the FDA stated that it is concerned about the long-term cardiovascular safety … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Mattel Beats With Strong Sales

Posted: 02 Feb 2011 06:55 AM PST

Mattel Inc. (NYSE:MAT) reported fourth quarter 2010 earnings of 89 cents per share, which surpassed the Zacks Consensus Estimate of 86 cents and was in line with the prior-year quarter earnings. The better-than-expected results were primarily driven by strong sales from its core brands such as Barbie and Fisher-Price, partly offset by declines in Hot Wheels sales as well as cost escalation.
The company's full-year earnings per share were $1.86, above the Zacks Consensus Estimate of $1.83 and up … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Stocks Post Modest Losses After The Open; Dow Jones Sheds 0.04%

Posted: 02 Feb 2011 06:55 AM PST

Forex Pros – U.S. stocks posted modest losses after the open on Wednesday, a day after closing at the highest level in 28 months, as a string of downbeat corporate earnings results overshadowed better-than-expected U.S. employment data.

During early U.S. trade, the Dow Jones Industrial Average shed 0.04%, the S&P 500 index slumped 0.15%, while the Nasdaq Composite index dipped 0.10%.

Earlier in the day, payroll processing firm ADP said non-farm private employment rose by a seasonally … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Massey Slumps Third Time In A Row

Posted: 02 Feb 2011 06:35 AM PST

Coal miner, Massey Energy Company (NYSE:MEE) has reported an adjusted loss for the third consecutive quarter. The company's fourth quarter witnessed a loss of 69 cents per share, significantly higher than the Zacks Consensus Estimate of a loss of 34 cents. The disappointing quarter results stemmed mainly from the continued production disruptions and shortfalls.
Massey's full-year 2010 results were also hurt by its struggles to recover from the deadly mine incident that occurred in April 2010. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Cairo Unrest Spurs Demand For Safety

Posted: 02 Feb 2011 06:35 AM PST

Despite a strong reading from the ADP employment report on Wednesday there are a couple of dampeners to cause a bid to fixed income prices. Earlier enthusiasm for a lasting solution to the Eurozone sovereign debt crisis took a ding following comments from a German official while a reminder of the lingering crisis came in the form of an Irish downgrade. The one-sided Egyptian political crisis took a peculiar turn in light of President Mubarak’s announcement that he wouldn’t seek reelection in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Swiss Franc: Capped By A Negative Trend Line

Posted: 02 Feb 2011 06:19 AM PST

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

Japanese Yen: Under Pressure

Posted: 02 Feb 2011 06:18 AM PST

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

British Pound: The Downside Prevails

Posted: 02 Feb 2011 06:18 AM PST

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

Euro: Under Pressure

Posted: 02 Feb 2011 06:18 AM PST

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

Euro Revival Continues

Posted: 02 Feb 2011 06:18 AM PST

Today’s Idea
Once a currency begins to trend, it is difficult to reverse the momentum, baring a major shift in the fundamentals. That being said, the March Euro is up against some technical resistance near the1.4250 area that could be difficult to overcome. Some traders who are moderately bullish on the Euro but believe that the 1.4250 area may hold in the near-term may wish to explore buying a bull call ratio spread. In this-type scenario, a trader would buy a near-the-money call and then sell … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Extends Losses As Crude Oil Prices Weigh

Posted: 02 Feb 2011 06:18 AM PST

Forex Pros – The U.S. dollar extended losses against its Canadian counterpart on Wednesday, falling to a two-week low as the price of crude oil, Canada's largest export, advanced.

USD/CAD hit 0.9869 during European afternoon trade, the pair's lowest since December 7; the pair subsequently consolidated at 0.9879, shedding 0.26%.

The pair was likely to find support at 0.9837, the low of January 18 and a 33-month low and resistance at 0.9915, the days high.

Earlier in the day, crude oil … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Germany’s Lack Of Enthusiasm For Reform Spoils Risk-party

Posted: 02 Feb 2011 06:10 AM PST

The dollar continued to weaken on Tuesday as investors drove it to its lowest since early November escalating a growing view that the Fed is isolated as the only dovish central bank left in sight. While it remains unprepared to move monetary policy to a higher plain, which is what it openly claims on account of slow employment growth, risk-takers continue to use it to fund opportunities offshore as equity markets reach cycle highs. Upstaging a rally in the euro midweek was a comment allegedly … [visit site to read more] or compare Best Credit Cards and Best CD Rates

MarkWest Completes EQT Asset Buy

Posted: 02 Feb 2011 06:05 AM PST

Pipeline operator MarkWest Energy Partners L.P. (MWE) has closed its previously announced purchase of assets – a Kentucky-based natural gas processing complex and an associated natural gas liquids ("NGL") pipeline – from integrated energy firm EQT Corp. (EQT).
The $230 million transaction comprise of a 100 million cubic feet per day (MMcf/d) cryogenic processing plant, a 75 MMcf/d refrigeration processing plant, approximately 28,000 horsepower of compression, as well as a partly built … [visit site to read more] or compare Best Credit Cards and Best CD Rates

WESCO Stays On The Growth Path

Posted: 02 Feb 2011 06:05 AM PST

WESCO International (NYSE:WCC) recently announced fourth quarter earnings that exceeded the Zacks consensus estimate by 7 cents, or 10.8%.
Revenue
WESCO reported revenue of $1.33 billion that beat the Zacks Consensus expectation by 4.4%, increasing 0.5% sequentially and 17.6% year over year.
The average revenue per employee was $783 million, down 9.8% sequentially and up 5.5% year over year.
Acquisitions and currency positively impacted revenue by 1.1% and 0.7%, respectively when compared with the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

It’s About Time That Filinvest Land (FLI)es!

Posted: 02 Feb 2011 06:04 AM PST

Filinvest Land, Inc. or FLI in the Philippine Stock Exchange did not get the award for the most outstanding stock in 2010. Despite this, it was still able to book some descent amount of gains. In fact, it rose by 45.56% when it opened at PHP 0.90 in January 2010 and closed at PHP 1.31 at the end of the year. Not bad if you ask me. Looking at its chart above, FLI was actually trading sideways during the first half 7 months of the year before it swung higher to break out from a cup and handle … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Amazing Gains In Worker Productivity = Record Output In Q4 2010 With 7 Million Fewer Workers

Posted: 02 Feb 2011 05:56 AM PST

I reported last week that real GDP finally increased above its pre-recession level in the fourth quarter of 2010, and the $13.38 trillion of real GDP (2005 dollars) was the highest-ever quarterly output in U.S. history, slightly higher than the previous record of $13.36 trillion in the fourth quarter of 2007 (see top chart above).

But here’s what’s really amazing and is illustrated in the bottom chart: The U.S. produced slightly more output in Q4 2010 (by 0.14%) than in Q4 2007 when the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/JPY Erases Gains Amid Concerns Over ESFS

Posted: 02 Feb 2011 05:56 AM PST

Forex Pros – The euro erased gains against the yen on Wednesday, slipping to a daily low, after a German government official said that Berlin remained opposed to the European Financial Stability Facility buying bonds from euro zone countries.

EUR/JPY retreated from 112.92 the pair's highest since January 28, to hit 112.42 during European afternoon trade, shedding 0.07%.

The pair was likely to find support at 111.86, Tuesday's low and resistance at 112.92, the days high.

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

Cyclone Gets Ready To Touch Down In Australia, What Will Be The Impact On Aussie?

Posted: 02 Feb 2011 05:52 AM PST

Australian cyclone pushes copper prices to new highJust after Queensland, Australia had gotten over the worst flooding in a century, the people there are bracing for a huge category 5 hurricane/cyclone – being compared to the US' Hurricane Katrina. Winds are gusting up to 300 km/h, and there is warning of life and property damages.
From the Australian Government Bureau of Meteorology:
"SEVERE TC YASI IS A LARGE AND VERY POWERFUL TROPICAL CYCLONE AND POSES AN EXTREMELY SERIOUS … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Boston Scientific Beats

Posted: 02 Feb 2011 05:35 AM PST

Boston Scientific Corporation (NYSE:BSX) reported an EPS of 15 cents during the fourth quarter of fiscal 2010 compared to a loss of 71 cents per share in the year-ago period. However, after considering some adjustments, the EPS was 20 cents, beating the Zacks Consensus Estimate of 10 cents although remained unchanged from the year-ago quarter. For fiscal 2010, the adjusted EPS came in at 69 cents compared to 78 cents in the previous year.
Revenue of $2,002 million during the quarter surpassed the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

El Paso’s Attack On Street Vendors

Posted: 02 Feb 2011 05:29 AM PST

From the Institute of Justice: 

“Should the city of El Paso, Texas, be allowed to turn itself into a No-Vending Zone in order to protect brick-and-mortar restaurants from competition? That’s the question to be answered by a major federal lawsuit filed January 26, 2011 by the Institute for Justice and four El Paso mobile food vendors. The lawsuit launches a National Street Vending Initiative, a nationwide litigation and activism effort to vindicate the right of street vendors to earn an … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. ADP Non-farm Payrolls Rise More-than-expected In January

Posted: 02 Feb 2011 05:28 AM PST

Forex Pros – U.S. non-farm private employment rose more-than-expected in January, industry data showed on Wednesday.

In a report, payroll processing firm ADP said non-farm private employment rose by a seasonally adjusted 187K in January, after rising by 247K in December, whose figure was revised down from 297K.

Analysts had expected non-farm private sector employment to increase by 150K in January.

The report said employment in the service-providing sector rose by 166K in January, marking … [visit site to read more] or compare Best Credit Cards and Best CD Rates

BXP Completes Bay Colony Acquisition

Posted: 02 Feb 2011 05:25 AM PST

Boston Properties Inc. (NYSE:BXP), a real estate investment trust (REIT), has recently completed the acquisition of Bay Colony Corporate Center, an office park in Waltham, Massachusetts, for $185 million. The purchase price included approximately $41.1 million in cash and the assumption of $143.9 million in a senior mortgage loan that bears interest at a fixed rate of 6.53% per annum and matures in June 2012.
Spanning across 968,608 rentable square feet of office space, Bay Colony Corporate Center … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro’s Rally Pauses, GBP Extends Gains On Rate Hike Expectations

Posted: 02 Feb 2011 05:12 AM PST

EUR Hits Highest Since November 9th, But Retreats
While the Euro paused in its rally attempt that saw the EUR/USD pair hit a 10-week high overnight at 1.3860, the GBP continued to extend its gains against the USD and others.
The Euro remains pretty firmly perched above the recent pivot of 1.3750, and the gains are being fueled by both higher yield seeking behavior by investors as markets turn to "risk-on" mode. The second major factor is the recent … [visit site to read more] or compare Best Credit Cards and Best CD Rates

FX Headlines: Euro-Zone Producer Prices Rose 5.3% In December; S&P Cuts Ireland’s Credit Rating

Posted: 02 Feb 2011 05:00 AM PST

        
Fundamental Headlines
• Stocks Hit Post-Crisis High – Wall Street Journal
• Europe's Markets Rise – Wall Street Journal
• Fed Passes China in Treasury Holdings – Financial Times
• EU Leaders Plan Euro Pledge as Investors Bet on Debt Strategy – Bloomberg
•U.K. January Construction Returns to Growth on Weather – Bloomberg
EURUSD: Producer prices in the 17 member euro area rose an annualized 5.3 percent in December after … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Dollar Mixed Vs. Rivals As ADP Payrolls Eyed

Posted: 02 Feb 2011 04:50 AM PST

Forex Pros – The U.S. dollar was mixed against its major rivals on Wednesday, as markets looked towards the release of U.S. private sector employment data.

During European early afternoon trade, the greenback was slightly higher against the euro, with EUR/USD sliding 0.16% to hit 1.3807.

Earlier in the day, French government spokesman Francois Baroin said there was no plan to bring forward any decision on expanding the euro zone bailout fund and leaders would take the decision in March, as … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Hits 3-month High On BOE Rate Hike View

Posted: 02 Feb 2011 04:39 AM PST

Forex Pros – The pound extended gains against the U.S. dollar on Wednesday, climbing to a fresh three-month high as upbeat data and hawkish central bank comments supported the view that U.K. interest rates will rise in the coming months.

GBP/USD hit 1.6230 during European early afternoon trade, the pair's highest since November 5, the pair subsequently consolidated at 1.6191, gaining 0.28%.

Cable was likely to find support at 1.6009, Tuesday's low and resistance at 1.6293, the high of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Is Egypt The Threshold Of A New World?

Posted: 02 Feb 2011 04:33 AM PST

Is the ongoing political firestorm in Egypt an individual event or part of a larger movement? Can the Egyptian turmoil be contained or might it spread to other nations in the Middle East? Are we witnessing the civil unrest of a disenfranchised populace or something truly much larger than that?
Certainly peace loving people hope that calm can be restored in Egypt and the inevitable transfer of power happens in an orderly fashion. From that standpoint, we would hope a democratic regime ultimately … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Central Bank Of Iceland Cuts Rate 25bps To 4.25%

Posted: 02 Feb 2011 04:18 AM PST

The Central Bank of Iceland, or Sedlabanki, cut its main 7-day collateral lending rate by 25 basis points to 4.25% from 4.50%. The Bank also cut its other rates by 25 basis points: the deposit rate to 3.25% from 3.50% the maximum bid rate for 28-day certificates of deposit to 4.00% from 4.25%, and its overnight lending rate to 5.25% from 5.50%. Iceland recorded inflation of 1.8% in January 2011 which the Bank noted as “significantly below the inflation target of 2.5 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Hits Daily Low After Remarks On EFSF Decision

Posted: 02 Feb 2011 04:15 AM PST

Forex Pros – The euro erased gains against the U.S. dollar on Wednesday, slipping to a daily low after a French government spokesman said that European leaders will take a decision on beefing up the European Financial Stability Facility in March.

EUR/USD retreated from 1.3862, the pair's highest since November 9, to hit 1.3795 during European early afternoon trade, shedding 0.24%.

The pair was likely to find support at 1.3689, Tuesday's low and resistance at 1.3973, the high of November … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Eases Off 1-month Low On Global Recovery Optimism

Posted: 02 Feb 2011 03:30 AM PST

Forex Pros – The U.S. dollar eased off a one-month low against the Swiss franc on Wednesday, as strong data pointing to sustained global economic recovery and easing concerns about Egypt dented demand for the safe haven franc.

USD/CHF clawed back up from 0.9329, the pair's lowest since January 3, to hit 0.9373 during European morning trade, gaining 0.22%.

The pair was likely to find support at 0.9299, the low of December 31 and the all-time low and resistance at 0.9455, Tuesday's … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Morning News Notes: 2.1.11

Posted: 01 Feb 2011 07:37 AM PST

The morning news notes as prepared by TL…Jordan, Egypt, Chicago PMI and housing.

“Morning News Notes: February 1, 2011″

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