DailyMarkets.com - Who Says Republicans Have No New Ideas?
DailyMarkets.com - Who Says Republicans Have No New Ideas? |
- Who Says Republicans Have No New Ideas?
- Huge Gender Degree Gap At Ages 22-23: National Crisis, Title IX, Government Funding? Probably Not
- CEO Spotlight: Richard L. Gelfond, CEO Of IMAX
- Earnings Scorecard: Zimmer Holdings
- Medicis-Anacor In Agreement
- TiVo Faces Reopened Suit
- J.C. Penney Posts Dipping Sales
- BRE Properties Beats Estimates
- Earnings Scorecard: Mattel
- Four Stocks To Watch Next Week
- Smith & Nephew In Good Health
- PetroChina, EnCana In $5.4B Gas JV
- Hot Option Plays: International News Trumps Domestic
- Closing Bell Market Monitor: KFT, CMG
- Forex – EUR/USD Down At The End Of U.S. Session
- DaVita Beats By A Penny
- Valeant Gets Rights To GENZ Drug
- Manulife Financial Posts Profit
- The Movie “Cedar Rapids” Was Actually Filmed In Ann Arbor, Michigan? Reason? Film Credit Crack
- Forex – GBP/USD Down At The End Of U.S. Session
- Forex – USD/JPY Up At The End Of U.S. Session
- Forex – EUR/USD Down Toward The End Of U.S. Session
- Everest Re Up On Lower Shares
- MannKind Narrows Loss
- TC PipeLines Posts Impressive 4Q
- Forex – GBP/USD Down Toward The End Of U.S. Session
- Forex – USD/JPY Up Toward The End Of U.S. Session
- U.S. Markets Close Higher; Dow Jones Up 0.36%
- Kraft Foods Meets Estimates
- Strong Quarter At Alexion
- Jan. Federal Tax Revenues Rise By $20B (10%)
- Forex – GBP/USD Down During The U.S. Session
- TOTAL S.A. Misses On Bottom Line
- Cognex Tops Estimates
- BorgWarner Lifted On Higher Sales
- Expedia Misses, Shares Slide
- Chipotle Tops With Strong Sales
- Hawaiian Electric Topline Beats
- Forex – USD/CAD Down In U.S. Trade
- The Two Faces Of Ben Bernanke
- Put Player Portends Pullback In Corning Shares
- Atheros Beats Estimates
- Ingram Micro Beats On Strong Rev
- Animation Nation
- “Markets Need To Pull Back…Mubarak Is Minor Psychological Issue”
- More Signs Of Labor Market Improvements
- Hot Option Plays: Mubarak Out, Market Up
- Forex – EUR/USD Down In U.S. Trading Hours
- CCE Beats On Strong Sales
- Trade Deficit Up As Expected
- MedCath Misses, Turns To Profit
- Forex – AUD/USD Down On Economic Data
- Gold And Silver Update 2/11/2011 – Stalking The Bearish Attempts
- Forex – NZD/USD Down In U.S. Trade
- European Markets Mixed At Close; Dax Up 0.42%
- EUR/CAD Might Form Either A Descending Triangle Or A Gartley
- Dollar Rallies On Egypt, Risk Aversion
- How Afren Plc Rewrote The Rules On Developing Africa’s Oil Wealth
| Who Says Republicans Have No New Ideas? Posted: 11 Feb 2011 05:49 PM PST Quiz: Which of the 2012 presidential aspirants delivered the following words at the Conservative Political Action Convention, now underway in Washington? We have seen tax-and-tax spend-and-spend reach a fantastic total greater than in all the previous 170 years of our Republic.
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| Huge Gender Degree Gap At Ages 22-23: National Crisis, Title IX, Government Funding? Probably Not Posted: 11 Feb 2011 05:23 PM PST According to a report released this week by the BLS: “At age 23, there is a clear gender gap in educational attainment. While nearly 1 in 4 women had earned a bachelor's degree by the October when they were age 23, only 1 in 7 men had done so, the U.S. Bureau of Labor Statistics reported (see chart above). Additionally, the same percentage of men and women, 16 percent, were enrolled in college at age 23, so it is unlikely the gap in educational attainment will close in the next few … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| CEO Spotlight: Richard L. Gelfond, CEO Of IMAX Posted: 11 Feb 2011 05:00 PM PST 02/11/11 After moving its listing to the NYSE, Richard L. Gelfond, CEO of IMAX, takes the time to share with us his feelings behind the move as well as discuss what the future holds for the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Earnings Scorecard: Zimmer Holdings Posted: 11 Feb 2011 04:05 PM PST Following the release of fourth quarter and fiscal 2010 results of Zimmer Holdings (NYSE:ZMH) on January 27, 2011, estimate revisions by analysts have been inclined towards the positive direction.
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| Posted: 11 Feb 2011 03:35 PM PST Medicis Pharmaceutical Corp. (NYSE:MRX) recently entered into a research and development agreement with Anacor Pharmaceuticals Inc. (ANAC) for the discovery and development of boron-based small molecule compounds for the potential treatment of acne.
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| Posted: 11 Feb 2011 03:10 PM PST TiVo Inc. (NASDAQ:TIVO), a developer of advanced television services including digital video recorders (DVR), will have to face a reopened patent infringement lawsuit originally filed by Echostar Corp. (NASDAQ:SATS) in 2005, according to a recent U.S. District Court order.
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| J.C. Penney Posts Dipping Sales Posted: 11 Feb 2011 03:10 PM PST J.C. Penney Company Inc. (NYSE:JCP) recently reported its sales results for the four-week period ended January 29, 2011. The company's comparable-store sales for January 2010 dipped 1.2%. Lower inventory clearance coupled with bad weather hampered the January performance. Total sales dropped 3.9% during the month to $903 million.
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| BRE Properties Beats Estimates Posted: 11 Feb 2011 03:05 PM PST BRE Properties Inc. (BRE), a real estate investment trust (REIT) that operates apartment communities, reported fourth quarter 2010 fund from operations (FFO) of $9.8 million or 15 cents per share versus $16.0 million or 29 cents in the year-earlier quarter.
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| Posted: 11 Feb 2011 03:05 PM PST California-based Mattel Inc. (NYSE:MAT), the world's largest manufacturer of toys, reported its fourth quarter results on February 2, 2011 that surpassed the Zacks Consensus Estimate by 3 cents. The recent earnings announcement, subsequent analyst estimate revisions and Zacks ratings for both the short-term and the long-term outlook for the stock are covered in depth below.
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| Four Stocks To Watch Next Week Posted: 11 Feb 2011 02:41 PM PST ( click to enlarge ) Rambus Inc. (NASDAQ:RMBS) – The stock looks like is close to attempting another breakout. This strength is confirmed by price movement as well as two momentum indicators. MACD and RSI show buy signal as MACD is above signal line and RSI above its 50% level. The stock has held support at the $20.86 level and is displaying a screaming buy divergence on the upside. RMBS is also slowly under accumulation based on the OBV indicator. I think the market is waiting for … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 11 Feb 2011 02:25 PM PST Smith & Nephew (NYSE:SNN) reported an adjusted EPS of 21.6 cents (EPADS of $1.08) during the fourth quarter of fiscal 2010 surpassing the year-ago quarter's 20.3 cents (EPADS of $1.02) and the Zacks Consensus Estimate (ADS) of $1.02.
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| PetroChina, EnCana In $5.4B Gas JV Posted: 11 Feb 2011 02:25 PM PST Canada's largest natural gas producer EnCana Corp. (NYSE:ECA) has entered into a partnership with Chinese energy giant PetroChina Co. Ltd. (NYSE:PTR) to sell half of its prolific Cutbank Ridge shale natural gas assets in British Columbia and Alberta for approximately C$5.4 billion (U.S.$5.4 billion).
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| Hot Option Plays: International News Trumps Domestic Posted: 11 Feb 2011 02:18 PM PST Cusick's Corner
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| Closing Bell Market Monitor: KFT, CMG Posted: 11 Feb 2011 02:15 PM PST |
| Forex – EUR/USD Down At The End Of U.S. Session Posted: 11 Feb 2011 02:10 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Friday after the release of U.S. data on Trade Balance. EUR/USD was trading at 1.3549, down 0.39% at time of writing. The pair was likely to find support at 1.3498, today's low, and resistance at 1.3744, Wednesday's high. Earlier in the day, official data showed that The U.S. trade balance fell less-than-expected to a seasonally adjusted -40.60B last month from -38.30B in the preceding month. Analysts had expected U.S. trade … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 11 Feb 2011 02:05 PM PST DaVita Inc. (NYSE:DVA) reported fourth-quarter net operating income of $111.9 million, or $1.13 per share, exceeding the Zacks Consensus Estimate by a penny. DaVita also posted net operating earnings of $451.1 million, or $4.38 per share in fiscal 2010, which exceeded the Zacks Consensus Estimate by two cents.
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| Valeant Gets Rights To GENZ Drug Posted: 11 Feb 2011 02:05 PM PST Valeant Pharmaceuticals International (NYSE:VRX) recently announced the acquisition of the Canadian rights to Cholestagel (colesevelam) from Genzyme Corp. (NASDAQ:GENZ) for an upfront payment of $2 million. Valeant is required to make additional milestone payments of up to $7 million.
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| Manulife Financial Posts Profit Posted: 11 Feb 2011 02:05 PM PST Manulife Financial Corporation (NYSE:MFC) reported its fourth-quarter 2010 adjusted operating earnings of 59 cents per share, lower than 47 cents reported in the prior-year quarter. Adjusted operating earnings were $680 (C$692) million, compared with $734 (C$781) million in fourth-quarter 2009.
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| The Movie “Cedar Rapids” Was Actually Filmed In Ann Arbor, Michigan? Reason? Film Credit Crack Posted: 11 Feb 2011 02:05 PM PST According to the Michigan Film Office website, 129 movies have have been filmed in Michigan since 2008, including 48 in 2010 (“Gulliver’s Travels), 43 in 2009 (“Capitalism: A Love Story”), and 38 in 2008 (“Gran Torino”). It might seem curious that so many movies are now being filmed in Michigan, a state known more for its automotive industry, failing cities, flat landscape and cold weather than as a top movie destination. And it might also seem curious that a movie being released … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – GBP/USD Down At The End Of U.S. Session Posted: 11 Feb 2011 02:05 PM PST Forex Pros – The British Pound was lower against the U.S. Dollar on Friday. GBP/USD was trading at 1.6007, down 0.57% at time of writing. The pair was likely to find support at 1.5964, today's low, and resistance at 1.6185, Monday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.18% to hit 0.8464 and GBP/JPY falling 0.33% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – USD/JPY Up At The End Of U.S. Session Posted: 11 Feb 2011 02:00 PM PST Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Friday. USD/JPY was trading at 83.44, up 0.25% at time of writing. The pair was likely to find support at 81.78, Tuesday's low, and resistance at 83.67, today's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.39% to hit 1.3549 and GBP/USD falling 0.57% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/USD Down Toward The End Of U.S. Session Posted: 11 Feb 2011 01:40 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Friday. EUR/USD was trading at 1.3550, down 0.38% at time of writing. The pair was likely to find support at 1.3498, today's low, and resistance at 1.3744, Wednesday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.18% to hit 0.8464 and EUR/JPY falling 0.14% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 11 Feb 2011 01:35 PM PST Everest Re Group Ltd. (NYSE:RE) reported third quarter operating profit of $2.67 per share, in line with the Zacks Consensus Estimate. The company had earned $3.43 in the prior year quarter.
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| Posted: 11 Feb 2011 01:35 PM PST MannKind Corporation's (NASDAQ:MNKD) fourth quarter 2010 net loss of $0.33 per share was narrower than the Zacks Consensus Estimate of a loss of $0.40. The company had suffered a loss of $0.41 (excluding the loss of $12.8 million pertaining to the disposal of fixed assets) in the year-ago quarter.
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| TC PipeLines Posts Impressive 4Q Posted: 11 Feb 2011 01:35 PM PST TC PipeLines L.P. (NASDAQ:TCLP), a master limited partnership (MLP), announced better-than-expected fourth-quarter and full-year 2010 results, reflecting strong contributions from Northern Border and Great Lakes systems along with solid cash flows from pipelines.
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| Forex – GBP/USD Down Toward The End Of U.S. Session Posted: 11 Feb 2011 01:30 PM PST Forex Pros – The British Pound was lower against the U.S. Dollar on Friday. GBP/USD was trading at 1.6005, down 0.57% at time of writing. The pair was likely to find support at 1.5964, today's low, and resistance at 1.6185, Monday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.18% to hit 0.8464 and GBP/JPY falling 0.32% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – USD/JPY Up Toward The End Of U.S. Session Posted: 11 Feb 2011 01:20 PM PST Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Friday. USD/JPY was trading at 83.43, up 0.25% at time of writing. The pair was likely to find support at 81.78, Tuesday's low, and resistance at 83.67, today's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.40% to hit 1.3547 and GBP/USD falling 0.57% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| U.S. Markets Close Higher; Dow Jones Up 0.36% Posted: 11 Feb 2011 01:10 PM PST Forex Pros – U.S. stocks were up after the closing bell on Friday. At the close of U.S. trade, the Dow Jones Industrial Average rose 0.36%, the S&P 500 index gained 0.55%, while the Nasdaq 100 index climbed 0.63%. Earlier in the day, official data showed that The U.S. trade balance fell less-than-expected to a seasonally adjusted -40.60B last month from -38.30B in the preceding month. Analysts had expected U.S. trade balance to fall -40.70B last month. Meanwhile, across the Atlantic, … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 11 Feb 2011 12:55 PM PST Kraft Foods Inc. (NYSE:KFT) posted fourth quarter 2010 operating EPS of 46 cents, in line with the Zacks Consensus Estimate and reflected strong gains from operations and lower taxes, which were offset by various factors. The quarter was primarily driven by strong volume-mix gains in each geography but could only manage the EPS to remain flat compared with year ago quarter.
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| Posted: 11 Feb 2011 12:55 PM PST Alexion Pharmaceuticals' (NASDAQ:ALXN) fourth quarter 2010 earnings (excluding special items but including stock-based compensation) of $0.43 per share surpassed the Zacks Consensus Estimate by $0.01 and the year-ago earnings by $0.20. Earnings in the quarter benefited from an increase in revenues.
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| Jan. Federal Tax Revenues Rise By $20B (10%) Posted: 11 Feb 2011 12:45 PM PST Following an $18 billion, 8% year-over-year increase in December federal tax revenues, January’s federal tax revenues showed an even bigger $20 billion, 10% increase (see top chart above), according to data released earlier this week by the CBO. Tax receipts for the first four months of fiscal year 2011 (October-January) were higher than receipts during the comparable period last year by by $64 billion, representing a 9% increase (see bottom chart above).
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| Forex – GBP/USD Down During The U.S. Session Posted: 11 Feb 2011 12:45 PM PST Forex Pros – The British Pound was lower against the U.S. Dollar on Friday. GBP/USD was trading at 1.6016, down 0.51% at time of writing. The pair was likely to find support at 1.5964, today's low, and resistance at 1.6185, Monday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.17% to hit 0.8463 and GBP/JPY falling 0.25% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| TOTAL S.A. Misses On Bottom Line Posted: 11 Feb 2011 12:35 PM PST Integrated oil and gas company TOTAL S.A. (NYSE:TOT) reported its fourth-quarter 2010 operating earnings of $1.54 per share (€1.14 per share) versus the Zacks Consensus Estimate of $1.58 per share. The operating earnings of the company reflected a growth of 12.4% from $1.37 (€0.93 per share) reported in the year-ago period.
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| Posted: 11 Feb 2011 12:35 PM PST Cognex Corporation (NASDAQ:CGNX) reported fourth quarter 2010 diluted GAAP earnings per share of 47 cents surpassing Zacks Consensus Estimate of 43 cents per share. When compared on a sequential basis, the earnings rose from 45 cents and increased from a mere 1 cent in the prior year quarter.
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| BorgWarner Lifted On Higher Sales Posted: 11 Feb 2011 12:15 PM PST BorgWarner Inc. (NYSE:BWA) witnessed an increase in profit to $111.7 million or 89 cents per share in the fourth quarter of 2010 from $52.7 million or 45 cents per share (42 cents per share on an adjusted basis) in the same quarter of 2009 led by higher sales and growth in new business. With this, the auto parts maker surpassed the Zacks Consensus Estimate by 6 cents per share.
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| Posted: 11 Feb 2011 12:10 PM PST Expedia Inc.'s (NASDAQ:EXPE) fourth quarter earnings missed the Zacks consensus by 2 cents, or 6.1% on revenue that beat by 0.7%. Expedia beat the Zacks Consensus by an average 9.23% in the preceding four quarters. Therefore, this miss was a big disappointment, reflected in the 12.65% plunge in share prices in after-market trading yesterday.
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| Chipotle Tops With Strong Sales Posted: 11 Feb 2011 12:10 PM PST Chipotle Mexican Grill, Inc. (NYSE:CMG) posted robust fourth quarter and fiscal 2010 results that topped the Zacks Consensus expectation on the heels of strong top-line growth buoyed by higher traffic count and new restaurant openings.
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| Hawaiian Electric Topline Beats Posted: 11 Feb 2011 12:10 PM PST Hawaiian Electric Industries Inc. (NYSE:HE) announced fourth-quarter 2010 operating earnings of 26 cents per share, missing both the Zacks Consensus Estimate and the year-ago earnings of 35 cents. The decline in earnings is attributed to weather-driven declines in utility sales.
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| Forex – USD/CAD Down In U.S. Trade Posted: 11 Feb 2011 12:05 PM PST Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Friday. USD/CAD was trading at 0.9878, down 0.74% at time of writing. The pair was likely to find support at 0.9858, Monday's low, and resistance at 0.9988, Thursday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.45% to hit 1.3540 and GBP/USD falling 0.47% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 11 Feb 2011 11:55 AM PST Based on his recent public comments, Fed Chairman Bernanke seems determined to give the U.S. dollar the reputation of Egypt’s Hosni Mubarak: an unwanted relic of the past that everyone agrees must go, but stubbornly clings to a privileged position. The dollar is currently the world’s ruling currency, but, as with Mubarak, I believe that growing public discontent will spur regime change quicker than most pundits expect. Clearly, the most significant problem facing central … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Put Player Portends Pullback In Corning Shares Posted: 11 Feb 2011 11:42 AM PST Put player portends pullback in Corning shares
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| Posted: 11 Feb 2011 11:40 AM PST Leading Wi-Fi chip maker Atheros Communications, Inc. (NASDAQ:ATHR) reported revenues of $226.8 million, down 8% sequentially but grew 22% year over year and beat the Zacks Consensus Estimate of $222 million.
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| Ingram Micro Beats On Strong Rev Posted: 11 Feb 2011 11:40 AM PST Ingram Micro Inc. (NYSE:IM) reported adjusted fourth-quarter 2010 earnings per share of 72 cents, exceeding the Zacks Consensus Estimate of 67 cents. Despite the beat, shares slid 3.7% in the after-market trade, which could be due to Euro headwinds.
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| Posted: 11 Feb 2011 11:33 AM PST From today’s WSJ article “Animation Nation”: “On the heels of Twitter, blogs and YouTube videos, do-it-yourself animation has emerged as the latest form of self-expression online. These days, anyone looking to make fun of their boss, unleash a rant or comment on the latest news can quickly create a cartoon, thanks to a crop of animation websites. And corporations, advertisers—and Hollywood executives—are beginning to take notice. Xtranormal, which is backed by Boston-based venture capital … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| “Markets Need To Pull Back…Mubarak Is Minor Psychological Issue” Posted: 11 Feb 2011 11:30 AM PST 02/11/11 Sunrise Securities’ Ben Willis weighs in on Egypt’s President Mubarak resigning, and the implications on equity … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| More Signs Of Labor Market Improvements Posted: 11 Feb 2011 11:20 AM PST 1. Salaries, Job Offers Up for Class of 2011 (Bloomberg) — “Undergraduates in general, and undergraduate business students in particular, have reason to rejoice. New surveys by the National Association of Colleges and Employers show that employers are planning to increase their college hiring by double digits this year, and that salaries are up for the first time since 2008. Employers reported plans to increase hiring from the Class of 2011 by 13.5% over the prior year. The latest poll, … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Hot Option Plays: Mubarak Out, Market Up Posted: 11 Feb 2011 11:18 AM PST Cusick's Corner
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| Forex – EUR/USD Down In U.S. Trading Hours Posted: 11 Feb 2011 11:15 AM PST Forex Pros – The Euro was lower against the U.S. Dollar on Friday. EUR/USD was trading at 1.3536, down 0.48% at time of writing. The pair was likely to find support at 1.3498, today's low, and resistance at 1.3744, Wednesday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.02% to hit 0.8451 and EUR/JPY falling 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 11 Feb 2011 10:45 AM PST Coca-Cola Enterprises Inc.’s (NYSE:CCE) fourth-quarter 2010 earnings of 28 cents per share (including results from Norway and Sweden) were is in line with the Zacks Consensus Estimate. This also compares favorably with earnings of 22 cents in the year-ago quarter.
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| Posted: 11 Feb 2011 10:45 AM PST The Trade Deficit rose in December to $40.58 billion from $38.32 billion in November. The rise in the trade deficit is bad news for the economy. On the other hand, the trade deficit was in line with the $40.40 billion consensus expectation. On a year-over-year basis, the total trade deficit was up 9.3% from $37.13 billion a year ago. The trade balance has two major parts, trade in goods and trade in services. America's problem is always on the goods side; we actually routinely have a small … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| MedCath Misses, Turns To Profit Posted: 11 Feb 2011 10:40 AM PST Heath care services provider MedCath Corporation (NASDAQ:MDTH) reported first-quarter fiscal 2011 adjusted (excluding one-time items) loss per share from continued operation of 8 cents, missing the Zacks Consensus Estimate of an earnings of 3 cents per share. However, the company swung to profit (on a reported basis) in the quarter powered by higher sales and a roughly $15.4 million in gains associated with the sale of minority owned entities.
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| Forex – AUD/USD Down On Economic Data Posted: 11 Feb 2011 10:35 AM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Friday after the release of Canadian data on Trade Balance. AUD/USD was trading at 1.0003, down 0.41% at time of writing. The pair was likely to find support at 0.9961, today's low, and resistance at 1.0190, Tuesday's high. Earlier in the day, official data showed that Canada's trade balance rose unexpectedly to a seasonally adjusted 3.00B last month from -0.10B in the preceding month. Analysts had expected … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Gold And Silver Update 2/11/2011 – Stalking The Bearish Attempts Posted: 11 Feb 2011 10:23 AM PST Gold and Silver Update (2/10) – Is the Corrective Rally Over? - Gold is being held below 1369 at the moment. The momentum has turned a bit bearish in the 1H time-frame as the RSI tagged 30, then failed to break above 60. Upon breaking below 40, the momentum reflects a flattened market with a bearish attempt.
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| Forex – NZD/USD Down In U.S. Trade Posted: 11 Feb 2011 10:00 AM PST Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Friday. NZD/USD was trading at 0.7591, down 0.69% at time of writing. The pair was likely to find support at 0.7554, today's low, and resistance at 0.7788, Tuesday's high. Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.25% to hit 1.3172 and EUR/NZD rising 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| European Markets Mixed At Close; Dax Up 0.42% Posted: 11 Feb 2011 09:55 AM PST Forex Pros – European stocks were mixed after the closing bell on Friday. At the close of European trade, Germany's DAX rose 0.42%, London's FTSE 100 gained 0.71%, France's CAC 40 climbed 0.15% and the EURO STOXX 50 was down 0.04%. Meanwhile, on Wall Street, equity markets were up after the open. The Dow Jones Industrial Average was up 0.19%; the S&P 500 index gained 0.36%, while the Nasdaq 100 index climbed … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| EUR/CAD Might Form Either A Descending Triangle Or A Gartley Posted: 11 Feb 2011 09:49 AM PST Is the Euro in a Pullback or a Bullish Continuation? (2/8 Video) - The 1.3350 level is very important for EUR/CAD. The market sees a cluster of support factors here: fibonacci retracement level of 61.8%, previous support, and the 200SMA. If the market bounces from here, it could be forming a descending triangle, which has a slight bearish bias.
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| Dollar Rallies On Egypt, Risk Aversion Posted: 11 Feb 2011 09:00 AM PST 02/11/11 The US dollar extended its rally this session following changing situations in Egypt keeping investors away from riskier … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| How Afren Plc Rewrote The Rules On Developing Africa’s Oil Wealth Posted: 11 Feb 2011 03:29 AM PST For any investor with an eye on the huge developments made in oil and gas exploration and production in West Africa in recent years, Afren (LON:AFR) will need little introduction. Since raising $1m in a cramped West End office back in late 2004, the tight-knit entrepreneurial team has captivated the market with its plans, delivered on its objectives and been catapulted into the FTSE 250 with a market cap of over £1.5bn. Afren is a story about African focus, African understanding and … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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