DailyMarkets.com - UTHR Misses Expectations |
- UTHR Misses Expectations
- Fifth Third Lowered To Neutral
- Endo Pharma Starts Cancer Trial
- Newfield Exploration Falls Short
- Initial Jobless Claims Rebound
- Australian Dollar: The Downside Prevails
- Canadian Dollar: The Downside Prevails
- Markets In Everything: But NOT For Bone Marrow
- EUR/CHF Scenarios In The Short To Medium Term
- Equinix To Acquire Brazilian Firm
- Eni Reports In Line
- Dollar Declines On Weak Jobs Data
- Forex – EUR/USD Up At The End Of European Session
- Vietnam Central Bank Raises Rate 200bps To 11%
- Avis Cuts Loss, Grows Top Line
- Mixed Results At InterMune
- Earnings Scorecard: Life Technologies
- Ventas Surpasses Estimates
- Earnings Scorecard: Aimco
- OfficeMax Tops, Exercises Caution
- Forex Trading: AUDUSD Breaks Higher
- Crude Flat On Mixed Data
- Forex – Dollar Down Vs. Rivals After String Of U.S. Data
- Yields Slide On FOMC Labor Market Concerns
- Forex – GBP/USD Extends Gains On Mixed U.S. Economic Data
- Forex Trading: USDJPY Reaches Target Level At The 38.2% Fibo Support.
- Forex – EUR/USD Hits 4-day High After Flurry Of U.S. Data
- Forex Trading: USDCAD Back Down At Support
- USD/JPY Is In A Correction; 83.10 Is Key Support
- Bank Of America Credit Card Offers
- Opening Bell Market Monitor: DUK, SJM, WMB
- US Consumer Inflation Picks Up In January, But Fed Won’t Be Swayed Just Yet
- Philadelphia Fed Manufacturing Index Soars In February
- ESRX Beats Q4 EPS; Backs View
- Wider Net Loss At Cell Therapeutics
- Dollar Softens Despite Rising Middle East Tension
- U.S. Stocks Decline After CPI, Jobless Data; Dow Jones Sheds 0.22%
- Globe Telecom (GLO) In Trouble?
- Forex Trading: EURUSD Moves Higher Toward Next Target
- GBP/CHF Starting A Bearish Impulse Wave
- CHF Climbs On Reports Iranian Warships Seek Passage Through Suez Canal
- J2 Global Downgraded To Underperform
- Healthways Posts Mixed Results
- Stock Market News Briefs: Air Products And Chemicals, Airgas, Citigroup, Cleveland-Cliffs, Comcast, Dell, NetApp, Officemax Incorporated
- Forex – USD/CAD Eases Off 35-month Low After U.S. Economic Data
- Before The Bell
- Swiss Franc: Caution
- Japanese Yen: Under Pressure
- British Pound: The Downside Prevails
- Euro: Under Pressure
- Loonie Heading North?
- USD/CHF In A Bearish Attempt Within Range
- Excellent 4Q For Cliffs
- Skechers’ Earnings Miss
- No Big Shocks In CPI Or Jobless Claims
- Forex – USD/CHF Extends Losses After U.S. CPI Data
- Forex Trading: USDCHF Falls Further On Iran Tension. Approached Next Target At 0.9498
- AUD/USD – Possible Short-term Elliott Wave Count
- U.S. Initial Jobless Claims Rise More-than-expected
- Forex Trading: USDJPY Breaks Below The 100 Hour MA And Floor Support
- U.S. Core CPI Rises More-than-expected In January
- Agnico Misses Estimates
- Forex Trading: EURUSD Waiting For Direction Clues
- GW Pharmaceuticals Granted Reimbursement For Sativex In Spain
- USO: Will The ETF Catch Up?
| Posted: 17 Feb 2011 10:05 AM PST United Therapeutics Corp. (NASDAQ:UTHR) reported fourth-quarter earnings of 15 cents per share, several cents below the Zacks Consensus Estimate of 62 cents but above the year-ago loss of 6 cents. A huge boost in revenues led to the year-over-year improvement in earnings. Fourth quarter revenues, which missed the Zacks Consensus Estimate of $175 million, increased 52.8% to $166.5 million.
|
| Fifth Third Lowered To Neutral Posted: 17 Feb 2011 09:55 AM PST We are downgrading our recommendation on Fifth Third Bancorp (NASDAQ:FITB) shares to Neutral. We are encouraged by the company's aggressive credit management efforts, the recent repayment of the bailout money and better-than-expected fourth quarter earnings. However, we believe that the positives have already been factored in the current price.
|
| Endo Pharma Starts Cancer Trial Posted: 17 Feb 2011 09:55 AM PST Recently, Endo Pharmaceuticals (NASDAQ:ENDP) and partner Bioniche Life Sciences Inc. announced the initiation of a second late-stage study of their cancer candidate, Urocidin. The randomized, open-label, multi-center study (n~450) will compare Urocidin with mitomycin C for treating patients suffering from non-muscle-invasive bladder cancer.
|
| Newfield Exploration Falls Short Posted: 17 Feb 2011 09:35 AM PST Newfield Exploration Co. (NYSE:NFX) reported adjusted fourth-quarter 2010 earnings of $1.16 per share, way below the Zacks Consensus Estimate of $1.25 and the year-earlier profit of $1.40. The quarter's decline was due to higher operating expenses (up nearly 32% on an annualized basis) and lower price realizations.
|
| Initial Jobless Claims Rebound Posted: 17 Feb 2011 09:35 AM PST Initial Claims for Unemployment Insurance rose by 25,000 last week to 410,000 (last week was revised up by 2,000, so one could see it as a 27,000 increase). This was only slightly worse than the expected level of 408,000. The weekly numbers have been very erratic of late, and this week's increase is after two weeks in a row of big declines. This is a series that tends to be a bit on the flakey side around the holidays. The holiday effects should be over now, so perhaps this is a more … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Australian Dollar: The Downside Prevails Posted: 17 Feb 2011 09:19 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: 17 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
|
| Markets In Everything: But NOT For Bone Marrow Posted: 17 Feb 2011 09:14 AM PST From the Institute for Justice: “Every year, 1,000 Americans die because they cannot find a matching bone marrow donor. Minorities are hit especially hard. Common sense suggests that offering modest incentives to attract more bone marrow donors would be worth pursuing, but federal law makes that a felony punishable by up to five years in prison. That is why on October 28, 2009, adults with deadly blood diseases, the parents of sick children, a California nonprofit and a world-renowned … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| EUR/CHF Scenarios In The Short To Medium Term Posted: 17 Feb 2011 09:07 AM PST EUR/CHF - The EUR/CHF is showing very strong bearish momentum, as the RSI remained below 60, and dug deeper below 30 than before.
|
| Equinix To Acquire Brazilian Firm Posted: 17 Feb 2011 09:05 AM PST The leading global data center service provider Equinix Inc. (NASDAQ:EQIX) and private equity firm Riverwood Capital recently announced that they have reached a definitive agreement to acquire a roughly 90% stake in ALOG Data Centers of Brazil S.A. The transaction will cost Equinix approximately $127.0 million in cash. Under the terms of the deal, Equinix will retain a controlling interest in ALOG with Riverwood getting a minority stake.
|
| Posted: 17 Feb 2011 09:05 AM PST Eni SpA's (NYSE:E) adjusted fourth-quarter earnings per ADR were at par with the Zacks Consensus Estimate at $1.30 (96 Euro cents per share). The quarter's earnings was well above the $1.12 per ADR (76 Euro cents per share) earned in the year-earlier quarter.
|
| Dollar Declines On Weak Jobs Data Posted: 17 Feb 2011 09:00 AM PST 02/17/11 Following a rise in jobless claims, the US dollar took quite the dive this … [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: 17 Feb 2011 09:00 AM PST Forex Pros – The Euro was higher against the U.S. Dollar on Thursday. EUR/USD was trading at 1.3612, up 0.32% at time of writing. The pair was likely to find support at 1.3429, Monday's low, and resistance at 1.3618, today's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.15% to hit 0.8417 and EUR/JPY falling 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Vietnam Central Bank Raises Rate 200bps To 11% Posted: 17 Feb 2011 08:54 AM PST The State Bank of Vietnam raised the refinancing rate 200 basis points to 11.00% from 9.00% previously, with effect from 17 Feb 2011. Vietnam recorded annual consumer price inflation of 12.17% in January 2011, up from the 11.75% figure in December. Last week the Bank made about a 9% devaluation of the Dong (Vietnam’s currency) and narrowed the trading band, as it steps up its inflation fighting … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Avis Cuts Loss, Grows Top Line Posted: 17 Feb 2011 08:36 AM PST Avis Budget Group Inc. (NYSE:CAR) posted fourth quarter 2010 net loss of $24 million, compared with a net loss of $49 million in the year-ago period. Excluding extraordinary items, quarterly loss came in at $6 million or 6 cents a share. Loss per share for the quarter was marginally lower than the Zacks Consensus Estimate of a loss of 7 cents and was also an improvement from the prior-year quarter loss of 25 cents a share.
|
| Posted: 17 Feb 2011 08:36 AM PST InterMune Inc. (NASDAQ:ITMN) posted fourth-quarter adjusted loss per share of 42 cents, wider than the Zacks Consensus Estimate of a loss per share of 39 cents. Earnings were, however, narrower than the year-ago loss per share of 62 cents.
|
| Earnings Scorecard: Life Technologies Posted: 17 Feb 2011 08:36 AM PST Subsequent to the announcement of Life Technologies' (LIFE) fourth quarter and fiscal 2010 results on February 3, 2011, revision of estimates by analysts depict a positive bias for both fiscal 2011 and 2012.
|
| Posted: 17 Feb 2011 08:36 AM PST Ventas Inc. (NYSE:VTR), a leading healthcare real estate investment trust (REIT), reported fourth quarter 2010 funds from operations (FFO) of $108.3 million or 68 cents per share, compared to $104.0 million or 66 cents in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and other non-cash expenses to net income.
|
| Posted: 17 Feb 2011 08:35 AM PST Apartment Investment and Management Company (NYSE:AIV), or Aimco as the real estate investment trust (REIT) is popularly known, reported fiscal 2010 recurring fourth quarter funds from operations (FFO) of 39 cents per share, which beat the Zacks Consensus Estimate by 4 cents.
|
| OfficeMax Tops, Exercises Caution Posted: 17 Feb 2011 08:35 AM PST Despite posting better-than-expected fourth-quarter 2010 results, OfficeMax Inc. (NYSE:OMX) projected soft sales for the first quarter and fiscal 2011, as it remains cautious about the macroeconomic environment and sluggish job market.
|
| Forex Trading: AUDUSD Breaks Higher Posted: 17 Feb 2011 08:32 AM PST The AUDUSD moved above the 1.0072 area on the daily chart. This was a high from January 19th and the high for trading from Monday. Off the hourly chart it also represents the 50% of the move down from the February 4th high to the low reached on the 15th. That level came in at the 1.0071
|
| Posted: 17 Feb 2011 03:00 AM PST 02/17/11 Front month crude prices remained mostly unchanged this session following mixed economic … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex – Dollar Down Vs. Rivals After String Of U.S. Data Posted: 17 Feb 2011 08:00 AM PST Forex Pros – The U.S. dollar was down against all of its major counterparts on Thursday, following the release of a string of mixed U.S. economic data. During European late afternoon trade, the greenback was down against the euro, with EUR/USD rising 0.14% to hit 1.3584. Earlier in the day, official data sgowed that U.S. consumer prices rose slightly more-than-expected in January, but despite the above expectations data the report tended to support the Federal Reserve’s views that inflation … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Yields Slide On FOMC Labor Market Concerns Posted: 17 Feb 2011 07:58 AM PST A surge in manufacturing activity in the Philadelphia region threatened a rebound for benchmark treasuries on Thursday. Minutes from the Federal Reserve’s latest meeting showed disappointment in the pace and breadth of the recovering labor market and earlier provided relief for investors wary of creeping living costs. Bond yields have fallen around the globe on Thursday as investors conclude that central bankers are increasingly likely to watch commodity prices respond to the recovery process … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex – GBP/USD Extends Gains On Mixed U.S. Economic Data Posted: 17 Feb 2011 07:50 AM PST Forex Pros – The pound extended gains against the U.S. dollar on Thursday, climbing to a fresh daily high, after the release of a string of mixed U.S. economic data. GBP/USD hit 1.6176 during European late afternoon trade, the daily high; the pair subsequently consolidated at 1.615, gaining 0.33%. Cable was likely to find support at 1.5986, Wednesday's low and resistance at 1.623, the high of February 2. The U.S. Labor Department said its core Consumer Price Index, excluding food and … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex Trading: USDJPY Reaches Target Level At The 38.2% Fibo Support. Posted: 17 Feb 2011 07:49 AM PST The move below the 100 hour MA and floor support at the 83.49 level targeted the 83.12 level (SEE PRIOR POST BY CLICKING HERE). The low has reached the 83.14 and is finding the bids. Look for dip buyers against the level with additional support at the 200 hour MA at the 83.04 level. ON the topside the 83.47-50 level will be the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex – EUR/USD Hits 4-day High After Flurry Of U.S. Data Posted: 17 Feb 2011 07:44 AM PST Forex Pros – The euro extended gains against the U.S. dollar on Thursday, climbing to a four-day high, following the release of a string of mixed U.S. economic data. EUR/USD hit 1.3614 during European late afternoon trade, the pair's highest since February 11; the pair subsequently consolidated at 1.1.3598, climbing 0.21%. The pair was likely to find support at 1.3461, Wednesday's low and resistance at 1.3748, the high of February 10. The U.S. Labor Department said its core Consumer … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex Trading: USDCAD Back Down At Support Posted: 17 Feb 2011 07:43 AM PST The USDCAD tested the 0.9849 level on the move back above the old low at 0.9830 but could not break through. With the dollar selling, the USDCAD has sold off too. The price is back down testing the 0.9830 level. Will buyers come in at the level? The risk is limited, and so is the range. Above 0.9850 or below … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| USD/JPY Is In A Correction; 83.10 Is Key Support Posted: 17 Feb 2011 07:29 AM PST Is the Japanese Yen Setting Up for More Weakness? (2/16 Video) - The USD/JPY is seen to be declining after developing a bearish impulse wave, and being rejected at the 84.00 psychological resistance level.
|
| Bank Of America Credit Card Offers Posted: 17 Feb 2011 07:26 AM PST Bank of America Credit Cards are issued by Bank of America (NYSE:BAC), one of the major banks in the United States. They offer a variety of rewards, cash back and low interest credit cards for people with excellent credit. Compare and apply online for a Bank of America credit card … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Opening Bell Market Monitor: DUK, SJM, WMB Posted: 17 Feb 2011 02:25 AM PST 02/17/11 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
|
| US Consumer Inflation Picks Up In January, But Fed Won’t Be Swayed Just Yet Posted: 17 Feb 2011 07:07 AM PST We have been monitoring closely the developments with inflation in the US as well as the progress in employment figures. Those are the major criteria the Fed is looking at as it considers its monetary policy – mainly if the economy needs more stimulus (QE3) or its time to pull back the extra loose monetary policy and start preparing the markets for an exit strategy.
|
| Philadelphia Fed Manufacturing Index Soars In February Posted: 17 Feb 2011 07:06 AM PST Forex Pros – Manufacturing activity in Philadelphia soared in February, rising to the highest level since January 2004 official data showed on Thursday. In a report, the Federal Reserve Bank of Philadelphia said that its manufacturing index advanced to 35.9 in February, compared to a reading of 19.3 in January. Analysts had expected the index to rise to 21.0 in February. On the index, a reading above 0.0 indicates improving conditions, below indicates worsening conditions. According to … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Posted: 17 Feb 2011 07:05 AM PST Express Scripts Inc.'s (NASDAQ:ESRX) fourth quarter earnings of 71 cents per share (excluding special items) beat the Zacks Consensus Estimate by a penny and were well above the year-ago adjusted earnings of 49 cents per share. The fiscal year 2010 earnings of $2.50 were in line with the Zacks Consensus Estimate but beat the year-ago earnings by 39.6%.
|
| Wider Net Loss At Cell Therapeutics Posted: 17 Feb 2011 07:05 AM PST Cell Therapeutics (CTIC) suffered a net loss of $34.1 million (4 cents per share) in the fourth quarter of 2010, compared with a net loss of $27.4 million (5 cents per share) suffered in the year-ago quarter. The lower loss per share in the reported quarter was due to a higher share count (760 million versus 570.6 million). The Zacks Consensus Estimate for the reported quarter was a loss of 2 cents per share. Cell Therapeutics did not generate any revenue during the reported quarter versus … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Dollar Softens Despite Rising Middle East Tension Posted: 17 Feb 2011 07:01 AM PST The dollar weakened after a report showed consumer prices didn’t stray far from expectations and crystallizing the view that the Federal Reserve remains as far away as ever from lifting monetary policy. But the Fed’s customary “extended period” language was adopted elsewhere in the world sparking gains for commodity currencies as an Australian policy maker sounded mighty cautious over inflation.
|
| U.S. Stocks Decline After CPI, Jobless Data; Dow Jones Sheds 0.22% Posted: 17 Feb 2011 07:00 AM PST Forex Pros – U.S. stocks were down after the open on Thursday, after data showed both a rise in consumer prices and new claims for unemployment benefits and as investors digested a mixed bag of corporate earnings reports. During early U.S. trade, the Dow Jones Industrial Average slumped 0.22%, the S&P 500 index shed 0.21%, while the Nasdaq Composite index dropped 0.25%. Earlier in the day, government data showed that U.S. core consumer prices rose at their quickest pace in more … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Globe Telecom (GLO) In Trouble? Posted: 17 Feb 2011 06:58 AM PST Now, Ayala Corporation (AC) – led Global Telecom, Inc. or GLO in the Philippine Stock Exchange looks to be on the verge of a price meltdown until the company does something that would induce investors to get back in. You see, while a lot of other issues had performed exceptionally well in 2010, GLO did not. In fact, it was one of the sleepers as it traded on a downward slope from an opening of PHP 915.00 during the start of January 2010 to a closing of PHP 800.00 at the end of the year. For … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex Trading: EURUSD Moves Higher Toward Next Target Posted: 17 Feb 2011 06:55 AM PST The EURUSD has moved through the 1.3585 level (50% of the move down from the Feb 9th high) and approaches the high for the day at 1.3609. A move above this target will look toward the 1.3623 level and the 1.3630 level (See chart above). This is the 61.8% and the trendline resistance. This area should provide good selling interest from the market.
|
| GBP/CHF Starting A Bearish Impulse Wave Posted: 17 Feb 2011 06:46 AM PST GBP/CHF - The Swissie strengthened across the board today. We are seeing the GBP/CHF develop a bearish impulse wave, like to be in wave 5.
|
| CHF Climbs On Reports Iranian Warships Seek Passage Through Suez Canal Posted: 17 Feb 2011 06:39 AM PST We saw some flight to safety in NY trading as there were reports that Iranian warships had moved towards or through the Suez Canal. The news sent the CHF stronger against its major rivals the USD, EUR, and GBP. From Wall Street Journal: "The market still seems to be responding to periods of uncertainty," said Brian Kim, currency strategist at UBS in Stamford, Conn. And that uncertainty leads to a flight to the perceived safe-haven Swiss franc, he added.
|
| J2 Global Downgraded To Underperform Posted: 17 Feb 2011 06:35 AM PST We downgrade our recommendation on j2 Global Communications Inc. (NASDAQ:JCOM) to Neutral based on its current valuation. The stock price has moved up by more than 43% in the last one year and currently trading at the high-end of its 52-week price range. We believe at this stage j2 Global Communications is fairly valued and provides limited scope for any above market gain.
|
| Healthways Posts Mixed Results Posted: 17 Feb 2011 06:35 AM PST Healthways (NASDAQ:HWAY) reported fourth-quarter fiscal 2010 adjusted (excluding one-time items) earnings per share of 25 cents, missing the Zacks Consensus Estimate of 26 cents while exceeding the year-ago earnings of 22 cents per share. For fiscal 2010, adjusted earnings per share were $1.11, falling short of the Zacks Consensus Estimate by a penny and surpassing the previous-year earnings of $1.04.
|
| Posted: 17 Feb 2011 06:35 AM PST Comcast Corp. (NASDAQ:CMCSA) reported Q4 net income of $0.36 per share, slightly ahead of the Zacks Consensus Estimate of $0.34 per share. Revenues for the quarter rose 7.2% year-over-year to $9.72 billion, surpassing the Zacks Consensus Estimate of $9.555 billion OfficeMax (NYSE:OMX) reported Q4 EPS of $0.16, lower than the Zacks Consensus Estimate of $0.44 per share. Revenues for the quarter fell 2.4% year-over-year to $1.77 billion, missing the Zacks Consensus Estimate of $1.787 … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex – USD/CAD Eases Off 35-month Low After U.S. Economic Data Posted: 17 Feb 2011 06:27 AM PST Forex Pros – The Canadian dollar trimmed gains against its U.S. counterpart on Thursday, easing off a 35-month high, after a string of mixed U.S. economic data. USD/CAD eased off 0.9816, the pair's lowest since March 2008, to hit 0.9839 during European afternoon trade, shedding 0.07%. The pair was likely to find support at 0.9816, the days low and a 35-month low and resistance at 0.9902, Wednesday's high. The U.S. Labor Department said its core Consumer Price Index, excluding food and … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Posted: 17 Feb 2011 06:25 AM PST 02/17/11 A breakdown of what investors need to know prior to the open of the US equity … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Posted: 17 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
|
| Posted: 17 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: 17 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
|
| Posted: 17 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
|
| Posted: 17 Feb 2011 06:18 AM PST Today’s Idea
|
| USD/CHF In A Bearish Attempt Within Range Posted: 17 Feb 2011 06:11 AM PST USD/CHF Still Has Parity In Sight (2/16) - The 4H Chart shows the USD/CHF in a sharp decline. The parity level is now in the hind sight, and the market is looking at the 0.9330, 0.9300 lows.
|
| Posted: 17 Feb 2011 06:10 AM PST Stronger pricing and volumes helped mining company, Cliffs Natural Resources Inc., (NYSE:CLF) to post record revenues and earnings in the fourth quarter of 2010. Net earnings of $384.3 million or $2.82 per share in the fourth quarter were 225%, above last year's $108.1 million or 82 cents. Earnings surpassed the Zacks Consensus Estimate of $2.16 per share.
|
| Posted: 17 Feb 2011 06:06 AM PST Skechers USA Inc. (NYSE:SKX), the designer, marketer and distributor of footwear, recently reported fourth-quarter 2010 results that missed Zacks' expectation.
|
| No Big Shocks In CPI Or Jobless Claims Posted: 17 Feb 2011 06:06 AM PST This morning, jobless claims numbers hit expectations exactly, and consumer pricing was a tick above estimates. Initial jobless claims hit 410,000 — exactly what was anticipated. The Consumer Price Index (CPI) reached 0.4%, up from the 0.3% anticipated. The core (subtracting food & energy) was up to 0.2%, above the 0.1% expected. Minor revisions were also made to the December numbers: initial jobless claims last month went up 2,000 to 385,000 — still a psychologically pleasing number … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex – USD/CHF Extends Losses After U.S. CPI Data Posted: 17 Feb 2011 06:01 AM PST Forex Pros – The U.S. dollar extended losses against the Swiss franc on Thursday, after government data showed that U.S. core consumer prices rose at their quickest pace in more than a year in January, but the increase was not strong enough to suggest a build-up in inflation pressures. USD/CHF hit 0.9512 during European afternoon trade, the pair's lowest since February 4; the pair subsequently consolidated at 0.9524, tumbling 0.73%. The pair was likely to find support at 0.9448, the low … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex Trading: USDCHF Falls Further On Iran Tension. Approached Next Target At 0.9498 Posted: 17 Feb 2011 05:47 AM PST The talk in the market again is that Iran says will send 2 warships to the Suez Canal has the USDCHF moving lower. The next level of support/target for the USDCHF comes in at the 0.9498 level. A move through this level should solicit more flight to quality buying for the CHF (selling of the USDCHF) On the topside, staying below the 0.9536 will be eyed by the intraday momentum traders. This is the 38.2% of the sharp fall to the downside. If the market is caught long, sellers should … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| AUD/USD – Possible Short-term Elliott Wave Count Posted: 17 Feb 2011 05:44 AM PST USD Dollar Strength Being Tested (2/16 Video) - The 1H chart shows the AUD/USD in a rally that broke above a declining trendline. It has also completed 3 waves, then got stuck in a sideways channel between roughly 1.0055, and 1.0018.
|
| U.S. Initial Jobless Claims Rise More-than-expected Posted: 17 Feb 2011 05:41 AM PST Forex Pros – The number of people who filed for unemployment assistance in the U.S. last week rose more-than-expected, official data showed on Thursday. In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending February 12 rose to a seasonally adjusted 410K, after falling to 385K in the preceding week, whose figure was revised up from 383K. Analysts had expected initial jobless claims to rise to 403K in the week ending … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex Trading: USDJPY Breaks Below The 100 Hour MA And Floor Support Posted: 17 Feb 2011 05:38 AM PST The USDJPY is breaking below the 83.49 level and will start to look toward the 83.12 level. The Initial Claims were not supportive of a measureable improvement in the employment situation. The Inflation data was not good inflation from growth. Look for the price to find seller against the 83.54 level … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| U.S. Core CPI Rises More-than-expected In January Posted: 17 Feb 2011 05:38 AM PST Forex Pros – Core consumer price inflation in the U.S. rose more-than-expected in January, official data showed on Thursday. In a report, the Bureau of Labor Statistics said that consumer prices, less food and energy rose by 0.2% in January, after rising by 0.1% in December. Analysts had expected core CPI to rise by 0.1% in January. The report said that consumer prices including food and energy costs rose more-than-expected in January, increasing by a seasonally adjusted 0.4%, after rising … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Posted: 17 Feb 2011 05:35 AM PST Agnico-Eagle Mines Limited (NYSE:AEM) reported excellent fourth-quarter 2010 results. Quarterly net income was $88.0 million, or 53 cents per share compared with $47.9 million, or 31 cents per share in the year-ago quarter. Adjusted earnings were 51 cents per share versus 30 cents per share in the prior-year quarter. However, the results were below the Zacks Consensus Estimate of 61 cents per share.
|
| Forex Trading: EURUSD Waiting For Direction Clues Posted: 17 Feb 2011 05:24 AM PST The market is pausing and waiting for direction from perhaps the data to be released at 8:30 AM ET.. On the topside the 200 hour MA has contained the upside over the last 3 or so hours. That level comes in currently at the 1.3574 level. Above that a move above the 1.3584 increases the confidence of the upside momentum.
|
| GW Pharmaceuticals Granted Reimbursement For Sativex In Spain Posted: 17 Feb 2011 01:14 AM PST AIM listed drugs developer Gw Pharmaceuticals (LON:GWP) said this morning that Spain's Ministry of Health had granted national reimbursement to its flagship Sativex treatment. The move means that Spanish hospital pharmacies will begin stocking Sativex specifically for the treatment of spasticity in multiple sclerosis – the first drug of its kind to treat patients that have not responded to other treatments. The approval of Sativex in additional EU member states is expected later this year. … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Posted: 16 Feb 2011 08:47 AM PST I last looked at crude oil — specifically West Texas Intermediate — several weeks ago, and the technical set up was pointing to a strong price move and sustainable trend over the next year. That set up remains in play although prices are hovering near the 200 day moving average. In essence, the technical set up appears to be failing, but we won’t know this until the end of the month. With lower prices of WTI, the risk on this trade has been reduced significantly. In … [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 | |
No comments:
Post a Comment