Forex – NZD/USD Down In Asian Trade Posted: 31 Mar 2011 04:50 PM PDT Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Thursday.<br/><br/> NZD/USD was trading at 0.7598, down 0.26% at time of writing.<br/><br/> The pair was likely to find support at 0.7490, Monday’s low, and resistance at 0.7647, today’s high.<br/><br/> Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.21% to hit 1.3586 and EUR/NZD rising 0.26% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Embraer At Sun ‘n Fun Fly Posted: 31 Mar 2011 04:35 PM PDT Brazilian aircraft manufacturer Empresa Brasileira de Aeronautica S.A., or Embraer (NYSE:ERJ) displayed two of its celebrated aircraft at Sun 'n Fun Fly-in Media Center: the entry level Phenom 100 and the Phenom 300, light jet, a debut appearance. Embraer will provide maintenance services to Phenom 100 and Phenom 300 aircraft operators in Provo, Utah in partnership with Duncan Aviation. The company also plans to offer maintenance services to Legacy 600 and Legacy 650 at the same … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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GM Cruze’s New Height In U.S. Posted: 31 Mar 2011 04:05 PM PDT General Motors Company (NYSE:GM) is highly elated to see the record sales of its Chevrolet Cruze small cars in the U.S. The unit sales figure is soon to cross the 50,000 level in the U.S. despite tough competition from imported cars. Cruze was first launched in late 2009, although it hit the U.S. market in September 2010 replacing the already existing Cobalt model. Since its arrival in the U.S., as many as 32,000 Cruze models have already been sold through February. And with the March figure, … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Netflix Bandwidth Capped In Canada Posted: 31 Mar 2011 04:05 PM PDT Netflix Inc. (NASDAQ:NFLX) subscribers in Canada will now be forced to watch Netflix's videos at a much lower picture quality due to the enforcement of caps in bandwidth from Canadian Internet Service Providers (ISPs). The default video quality will now be set at 625 kbps, which Netflix has termed as "good" settings. Subscribers selecting the "better" settings would get a maximum of 1300 kbps in video stream and the "best" quality video would come at up to 4800 kbps. For selecting the … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Whirlpool Fights Korean Dumping Posted: 31 Mar 2011 04:05 PM PDT Whirlpool Corp. (NYSE:WHR) recently filed an antidumping petition with the U.S. Department of Commerce and the International Trade Commission against the South Korean government's subsidies on home appliances, particularly refrigerators. According to the company, the Korean government has invoked an unfair trade practice by giving unjust subsidies to Samsung Electronics Co. and LG Electronics Inc. over the past several years. The subsidy policy has led the two South Korean appliance makers to … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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NCR Offers New Solution Posted: 31 Mar 2011 04:05 PM PDT Financial and technology service provider NCR Corporation (NYSE:NCR) recently secured business from the largest North American provider of intercity bus transportation, Greyhound Lines. As per the terms of the agreement, NCR will provide a new self-service kiosk ticketing solution that will enable the passengers to buy tickets from the Kiosk or get online delivery of the tickets. NCR will also provide support services for 150 kiosks. In Fact, Greyhound selected NCR technology for its self-service … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Accenture To Serve BBVA Posted: 31 Mar 2011 04:05 PM PDT Yesterday, Accenture plc (NYSE:ACN) clinched a deal with Banco Bilbao Vizcaya Argentaria, S.A. (BBVA). Per the terms of the deal, Accenture will provide its Alnova Financial Solutions technology platform to help develop the core banking system (CBS) in BBVA's U.S. banking subsidiary. Banco Bilbao Vizcaya Argentaria provides financial services, which includes retail banking, asset management, private banking and wholesale banking businesses, across the world. With the help of Accenture's core … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Neutral On Enbridge Energy Partners Posted: 31 Mar 2011 04:05 PM PDT We are maintaining our Neutral recommendation on Enbridge Energy Partners, L.P. (EEP), given its fee-based and diversified businesses, along with its increased exposure to the Bakken Shale, the Haynesville Shale and Granite Wash. This is partially offset by the lower-than-expected results in the fourth quarter of 2010. Enbridge is engaged in the gathering, processing and transmission of natural gas and crude oil and is best known for its ownership of the Lakehead System, one of the … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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2011-12 License For Allscripts Posted: 31 Mar 2011 04:05 PM PDT In a positive development, Allscripts Healthcare Solutions (NASDAQ:MDRX) recently received 2011-12 compliance and Complete Electronic Health Record (EHR) module certification for its Allscripts ED 7.0 from the Certification Commission for Health Information Technology (CCHIT) on March 2, 2011. This Allscripts ED 7.0 is an Emergency Department Information System (EDIS) that provides improved patient throughput and ensures patient safety while exchanging the clinical information in the healthcare … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Hershey Raising Prices By 9.7% Posted: 31 Mar 2011 03:55 PM PDT |
Lesson In Divergences Plus Trendline Breaks In Dollar March 31 Posted: 31 Mar 2011 03:50 PM PDT It seems all traders seek to answer the same question: "When is this market likely to reverse?" Newer traders tend to love "reversal" style strategies, wanting to enter as close as possible to a trend reversal in order to have the tightest stop and biggest target possible. While no strategy can call a top or bottom all the time, one of the best ones I've found is to look for multi-swing divergences followed by a trendline break as a high probability, low-risk trigger for entry … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Harman Releases JBL OnBeat Posted: 31 Mar 2011 03:35 PM PDT Harman International Industries Inc. (NYSE:HAR), a developer of audio products and electronic systems, released its new JBL OnBeat loudspeaker docking station. The speaker system is compatible with Apple Inc. (NASDAQ:AAPL) devices such as iPhone, iPod, iPad and also iPad 2. From April, the black JBL OnBeat loudspeaker dock will be available exclusively at Apple and Best Buy Co. Inc. (NYSE:BBY) stores for $149.95. Using a universal connector, the JBL OnBeat can dock the iPad or iPad 2 in portrait mode … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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MKGAF Seeks Erbitux Approval Posted: 31 Mar 2011 03:35 PM PDT Merck KGaA (MKGAF) recently announced the submission of an application to the European Medicines Agency (EMA) for the approval of Erbitux (cetuximab) in combination with standard first-line platinum-based chemotherapy. The company is seeking approval for the use of the combination therapy in patients with advanced or metastatic non-small cell lung cancer (NSCLC) with high epidermal growth factor receptor (EGFR) expression. Merck KGaA's filing is based on a new biomarker analysis of EGFR … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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BofA Slashes CEO’s Compensation Posted: 31 Mar 2011 03:35 PM PDT In its regulatory filing on Wednesday, Bank of America Corporation (NYSE:BAC) stated that CEO Brian T. Moynihan's compensation in 2010 had been lowered to $1.94 million. Though the CEO's salary was hiked to $950,000 from $800,000, the stock awards declined to zero from $5.2 million in 2009. Additionally, BofA also granted $9.05 million as restricted stock awards to Mr. Moynihan, which he would get only on fulfilling certain financial targets. However, as per the Securities and Exchange … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Amgen Appeals EU Opinion Posted: 31 Mar 2011 03:35 PM PDT Amgen (NASDAQ:AMGN) is appealing the negative recommendation issued by the Committee for Medicinal Products for Human Use (CHMP) for the use of Vectibix plus chemotherapy in patients with wild-type KRAS metastatic colorectal cancer (mCRC). The company has requested the European Medicines Agency (EMA) to re-examine CHMP's opinion. Negative Opinion Issued in March 2011 The CHMP had adopted a negative opinion regarding Amgen's marketing authorization application for Vectibix's label … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Stock Market Summary For Thursday, March 31, 2011 Posted: 31 Mar 2011 03:35 PM PDT The market finished with mild gains and losses on the major indexes. The DJIA and S&P 500 closed near their session lows while the Nasdaq Composite closed near its session highs. Investor participation was mild in the session before the March jobs report. Market breadth was ok. Keeping with the trend we are lowering the support/resistance levels on the S&P 500 (see below). For the Nasdaq Composite we are keeping the support/resistance levels the same (see … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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The Day Ahead: US Employment Report, ISM Manufacturing Index, Construction Spending, Auto Sales Posted: 31 Mar 2011 10:20 AM PDT |
Replacing What Works With What Sounds Good Posted: 31 Mar 2011 03:18 PM PDT “Much of the social history of the Western world over the past three decades has involved replacing what worked with what sounded good. In area after area – crime, education, housing, race relations – the situation has gotten worse after the bright new theories were put into operation. The amazing thing is that this history of failure and disaster has neither discouraged the social engineers nor discredited them.” ~Thomas Sowell Exhibit A: From personal experience over the last two … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Alexion Splits 2-for-1 Posted: 31 Mar 2011 03:10 PM PDT Recently, Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) authorized a two-for-one stock split. The action is subject to shareholders clearing the change in Alexion’s certificate of incorporation to double the number of authorized shares to 290 million. A decision regarding the matter is expected to be reached on May 11, 2011, at the annual meeting of the shareholders of Alexion. If the amendment is approved then the additional shares will be distributed to the shareholders, as on record on May 2, 2011. … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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New Contracts For MICROS Posted: 31 Mar 2011 03:05 PM PDT MICROS Systems Inc.'s (NASDAQ:MCRS) MICROS 9700 Hospitality Management System (HMS) with Perpetual Inventory & Event Management was selected by Washington Nationals Baseball Club LLC to take charge of its food and beverage operations at Nationals Park in Washington, DC. The financial details were not disclosed. This Point-of-Service solution will be implemented from March 31, 2011, and will provide 283 MICROS Keyboard Workstation 270′s throughout the 50 concession outlets, 50 MICROS … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Sunstone Invests In San Diego Posted: 31 Mar 2011 03:05 PM PDT Sunstone Hotel Investors Inc. (NYSE:SHO) acquired a 75.0% interest for $475.0 million in a joint venture that owns Hilton San Diego Bay front hotel in San Diego. Hilton Worldwide will remain as the 25.0% minority partner and continue with the managerial operations of the 1190- room hotel. The transaction is expected to close in the second quarter of 2011. Following the acquisition, the partners are expected to enter into a $240 million non-recourse mortgage debt expected to mature in April … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Neutral On BHP Billiton Posted: 31 Mar 2011 03:05 PM PDT We recently reiterated our Neutral recommendation on BHP Billiton Limited (NYSE:BHP). The company is a diversified resource company with operations spanning several continents. Over the longer term, we view the ongoing industrialization in China, the largest iron-ore importer, as well as growth in emerging markets quite positively. Such factors should improve the demand and price of the company’s products. BHP is primarily engaged in mineral exploration, production and processing, oil and gas … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Cyberonics Stays Neutral Posted: 31 Mar 2011 03:05 PM PDT We recently reiterated our Neutral recommendation on Cyberonics (NASDAQ:CYBX), following our assessment of its third quarter 2011 results. Cyberonics reported EPS of 25 cents for the third quarter of fiscal 2011, which was 13.8% lower than the year-ago quarter but ahead of the Zacks Consensus Estimate by a penny. This decline in the bottom-line was due to a significant increase in the effective tax rate from 3% in fiscal 2010 to 38% in fiscal 2011. Revenues were $47.1 million, … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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HP To Support USSOCOM Data Center Posted: 31 Mar 2011 03:05 PM PDT Hewlett-Packard Company (NYSE:HPQ) clinched a four-year services deal with the U.S. Special Operations Command (SOCOM), marking its third government deal this month. The deal has been valued at $68.1 million. Under the terms, HP's Enterprise Services unit will offer data center management support services to SOCOM. The U.S. SOCOM is a part of the Department of Defense and is charged with the responsibility of supervising various Special Operations Commands (SOC) of the Army, Air Force, Navy and … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Closing Bell Market Monitor:TSLA, AIG, DNDN Posted: 31 Mar 2011 10:00 AM PDT |
3rd Annual Kauffman Economics Bloggers Forum Posted: 31 Mar 2011 02:59 PM PDT I’m in Kansas City attending the Third Annual Kauffman Foundation Economics Bloggers Forum, which will be available by webcast live tomorrow from 8:30 a.m. to 11 a.m. and 1 p.m. to 4:30 p.m. (Central Time). Here’s the schedule and list of … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Cognizant And M&S Team Up Posted: 31 Mar 2011 02:36 PM PDT Cognizant Technologies (NASDAQ:CTSH) recently announced that it will provide end-to-end integrated applications and infrastructure management services to UK's leading retailer Marks & Spencer Group Plc, as part of a multi-year managed services contract. Cognizant’s end-to-end, integrated service delivery will provide Marks & Spencer with application support services, delivering support for all applications at all lines of business that are used by end-users at stores, … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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JDS Uniphase Launches New Product Posted: 31 Mar 2011 02:36 PM PDT JDS Uniphase Corporation (NASDAQ:JDSU) launched a new product called SAMComplete (Service Activation Methodology) for testing Ethernet service activation. It will belong to the company's leading J-Complete tools. The new product is a significant addition to the company's comprehensive product portfolio of testing tools. JDS Uniphase Corporation is the leading provider of communications test and measurement solutions, as well as optical products, to telecom carriers, cable operators, and … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Northrop Completes Spin-off Posted: 31 Mar 2011 02:36 PM PDT Northrop Grumman Corporation (NYSE:NOC) has successfully spun off its Shipbuilding unit by issuing shares of the new company to its shareholders. The shares of the new company called "Huntington Ingalls Industries Inc." were issued in the ratio of 6:1, meaning each shareholder received one share of Huntington Ingalls for every six shares of Northrop they held. The new company will begin trading on the New York Stock Exchange effective March 31, 2011, using the symbol “HII”. Huntington Ingalls, … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Humana Upped To Outperform Posted: 31 Mar 2011 02:36 PM PDT On the back of strong fourth quarter results, we recently upgraded Humana, Inc. (NYSE:HUM) to Outperform. The company reported a strong fourth quarter on the heels of improved performance in its operations, lower commercial medical cost trends and surplus cash flow generation in 2010, which also resulted in share buybacks. Results outshone the Zacks Consensus Estimate by 85 cents. Humana recently completed the acquisition of Concentra Inc. for $790 million in cash on December 22, 2010. … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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AMB Expands Asia Portfolio Posted: 31 Mar 2011 02:36 PM PDT AMB Property Corp. (AMB), a real estate investment trust, recently leased approximately 361,200 square feet of its development portfolio in Asia. The deal includes three leases spanning 151,100 square feet of space for development projects in Shanghai and Dalian. AMB also leased 210,100 square feet with four leases in Japan serving the distribution needs of customers in Tokyo. AMB also confirmed that there has been no structural damage to its properties in Japan after the earthquake and … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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It’s OK To Print. Trees Are Renewable, Recyclable Posted: 31 Mar 2011 02:24 PM PDT This is from an article in today’s WSJ titled “Save a Forest: Print Your Emails”: “Notice: It’s OK to print this email. Paper is a biodegradable, renewable, sustainable product made from trees. Growing and harvesting trees provides jobs for millions of Americans. Working forests are good for the environment and provide clean air and water, wildlife habitat and carbon storage. Thanks to improved forest management, we have more trees in America today than we had 100 years ago.” MP: What a great … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Hot Option Plays: Best Quarter Since The 90′s Posted: 31 Mar 2011 02:18 PM PDT Cusick’s Corner Best Quarter since the 90′s, but the After Hours was still quite. While volume has been light, the small caps were active, a positive for potential upside momentum, and was the Cherry on top of today’s ice cream after we did see a decent end in today volume for the first time all week. One thing that I did mention on CNBC is that after the Unemployment number is out tomorrow Gold might be a potential candidate to add to your portfolio, especially with the increasing volatility … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Analyst Interviews: Medical Devices Industry Outlook Posted: 31 Mar 2011 02:07 PM PDT Last year was challenging for medical device companies given the exigent economic conditions and an uncertain healthcare environment. The MedTech industry was hit by several macro headwinds in 2010 including price/volume and utilization pressure and a more restrictive regulatory environment. Although a number of these issues remain, the industry is expected to fare better this year due to several tailwinds and growth opportunities. Industry Dynamics The global medical devices industry is … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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ETP Prices Unit Offering Posted: 31 Mar 2011 02:07 PM PDT Energy Transfer Partners L.P. (ETP) priced a public offering of 12,350,000 common units at $50.52 per unit, with a 30-day over-allotment option for an additional 1,852,500 units. The natural gas and propane gas master limited partnership (MLP) plans to use the net proceeds from this offering to pay back outstanding debt under its revolving credit facility, to finance capital expenditures associated with pipeline construction projects and for general partnership purposes. The offering is … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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JNJ Recalls Another Lot Of Tylenol Posted: 31 Mar 2011 02:07 PM PDT Johnson & Johnson (NYSE:JNJ) recently announced the voluntary recall of one lot of Tylenol 8 Hour Extended Release Caplets 150 count bottles. The product was distributed in the US. The product was manufactured at the company's McNeil Consumer Healthcare manufacturing facility in Fort Washington prior to the suspension of production at the facility. The company also said that it is adding ten more lots of products to a recall from January 14, 2011. Earlier this month, Johnson … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Newmont To Acquire Fronteer Gold Posted: 31 Mar 2011 02:07 PM PDT Shareholders of Vancouver-based Fronteer Gold Inc. (FRG) have approved the proposed buyout by Newmont Mining Corporation (NYSE:NEM); casting 99.7% votes in favor of the deal. The consideration of the deal is in cash and stock, valued at $2.3 billion and is expected to close by April 6, 2011, subject to the approval of the Canadian court. According to the terms of the deal, Newmont has agreed to give Fronteer's shareholders $14.13 in cash and one share in a new company called Pilot Gold for … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Looking Ahead To Tomorrow’s Global Session: NFP, Manufacturing From China, US, UK, & ECB And Irish Banks Posted: 31 Mar 2011 02:05 PM PDT The end of the week will be a busy one as we get manufacturing data from China, the US, and the UK along with Japan's quarterly Tankan Manufacturing Index. In Europe we continue to have these battling dynamic between higher inflation and the anticipation for the start of the ECB rate tightening campaign, while at the same time Ireland has just concluded its banking sector stress tests and it showed that Irish banks will need to find another 24 billion euros … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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4 Trade Ideas For Friday Posted: 31 Mar 2011 01:57 PM PDT ( click to enlarge ) The technical chart of Morgan Stanley (NYSE:MS) is very similar to other stocks in the banking sector. The stock has been in a major corrective phase in the recent weeks. The downtrend that commenced in late february appears to have been completed at the latest low of $26.70. The next leg of the uptrend appears to be underway now. The momentum indicators on the daily chart of MS are also giving a buy signal and the share price could move to the short-term target of … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Forex – EUR/USD Up At The End Of U.S. Session Posted: 31 Mar 2011 01:55 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> EUR/USD was trading at 1.4156, up 0.20% at time of writing.<br/><br/> The pair was likely to find support at 1.4022, Monday’s low, and resistance at 1.4233, today’s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims fell less-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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NTRS Downgraded To Underperform Posted: 31 Mar 2011 01:40 PM PDT We have downgraded our recommendation on Northern Trust Corporation (NASDAQ:NTRS) to Underperform from Neutral, as the current operating environment is putting pressure on earnings. Though we expect the company to benefit from rising interest rates, more visibility is needed to get positive on the stock. In January, NTRS's fourth-quarter earnings of 64 cents per share were below the Zacks Consensus Estimate of 71 cents. The decrease was due to a low interest rate, which in turn … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Neutral On Leggett Posted: 31 Mar 2011 01:40 PM PDT We are reiterating our long-term ‘Neutral’ recommendation on Leggett & Platt, Incorporated (NYSE:LEG) with a target price of $26.00 per share. Leggett and Platt is a leading manufacturer of components for residential and office furniture, carpet underlay, drawn steel wire and automotive seat support and lumbar systems in North America. Moreover, the company has a well-diversified customer base and solid research and development (R&D) capabilities. This offers a competitive edge … [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: 31 Mar 2011 01:40 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Thursday.<br/><br/> USD/JPY was trading at 83.20, up 0.37% at time of writing.<br/><br/> The pair was likely to find support at 81.32, Monday’s low, and resistance at 83.22, today’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.24% to hit 1.4161 and GBP/USD falling 0.26% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Coca Cola Amatil Reopens Plant Posted: 31 Mar 2011 01:38 PM PDT Coca Cola Amatil, the Australian bottler and distributor of The Coca Cola Company (NYSE:KO) has announced that it will go ahead with the reconstruction of the bottle manufacturing and filling operation at its Woolston plant in Christchurch, New Zealand. The bottling operation is expected to adopt a state-of-the-art technology called 'Blowfill Technology' that is expected to cost $15 million. The plant at Christchurch had been badly destroyed in an earthquake in February due to which Coca Cola … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Walgreen Faces Legal Fight Posted: 31 Mar 2011 01:38 PM PDT The law firm of Brower Piven has announced a class action lawsuit in connection with the proposed acquisition of drugstore.com by Walgreen (NYSE:WAG), one of the largest retail pharmacy chains in the US. The lawsuit has been filed by all the shareholders of drugstore.com in the Delaware Chancery Court. The complaint claims that the Board of Directors of drugstore.com infringed the state law while entering into a definitive merger agreement with Walgreen on March 24, 2011. Under the deal, Walgreen … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Orders Galore For Boeing 777 Posted: 31 Mar 2011 01:38 PM PDT International aerospace giant The Boeing Co. (NYSE:BA) announced that it received orders for ten 777-300 extended range (ER) from GE Capital Aviation Services ("GECAS"), the aviation unit of General Electric Co. (NYSE:GE). The total cost of the airplanes is $2.8 billion at list prices. Boeing's 777 model is one of the most successful twin-engine airplanes. The 777-300 ER adds more variety to the existing 777 family. The 777-300 model is 19% lighter than its closest peer resulting in … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Walmart To Expand In China Posted: 31 Mar 2011 01:38 PM PDT Walmart Stores Inc. (NYSE:WMT) plans to buy more floor space in China as it moves to expand operations in the country. Company officials revealed that the retail giant aims to open Sam's Clubs in 17 Chinese provinces over the next five years. Sam's Club is a chain of membership-only retail warehouse clubs owned and operated by Wal-Mart Stores Inc. Walmart launched its first Sam's Club in China on June 10, 2010. The club is expected to commence its operations from the … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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UAL Signs Labor Deal Posted: 31 Mar 2011 01:38 PM PDT United Continental Holdings Inc. (UAL) entered into a labor agreement with representatives of approximately 7,200 non-union employees, working as reservation agents and in other passenger-service roles. The agreement deals with factors like compensation benefits and work rules. However, the terms and conditions of the agreement were not disclosed. Earlier this month, United Airlines, a wholly-owned subsidiary of United Continental signed a labor contract with the International Brotherhood of … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Neutral On Xilinx Posted: 31 Mar 2011 01:38 PM PDT We have reiterated our Neutral recommendation on Xilinx, Inc. (NASDAQ:XLNX). Xilinx recently increased its quarterly cash dividend to $0.19 per share from $0.16 per share. The dividend will be paid on June 8, 2011 to stockholders of record at the close of business on May 18, 2011. In addition, Xilinx reiterated its sales guidance for the March quarter of flat to up 5% sequentially. This guidance implies sales of $567.0 – $595.4 million. The guidance assumes that the company's shipments to … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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CIG FY10 Results Impressive Posted: 31 Mar 2011 01:38 PM PDT Companhia Energetica de Minas Gerais (NYSE:CIG), known as CEMIG, reported encouraging results for the fiscal year 2010 as the company's net income surged 6% year over year to R$2,258 million (US$1,290.3 million). Revenue In the fiscal year 2010, net revenue escalated 6% year over year to R$12,863 million (US$7,350.3 million) due primarily to expansion of the economy and thus higher demand for electricity. Electricity sold improved 9.0% year over year to 66,255 GWh in the fiscal year 2010 versus … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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ETP Unit Offering Priced At $50.52 Posted: 31 Mar 2011 01:38 PM PDT Energy Transfer Partners L.P. (ETP) priced a public offering of 12,350,000 common units at $50.52 per unit, with a 30-day over-allotment option for an additional 1,852,500 units. The natural gas and propane gas master limited partnership (MLP) plans to use the net proceeds from this offering to pay back the outstanding debt under its revolving credit facility, to finance capital expenditures associated with pipeline construction projects and for general partnership purposes. The offering is … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Forex – EUR/USD Up Toward The End Of U.S. Session Posted: 31 Mar 2011 01:25 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4168, up 0.29% at time of writing.<br/><br/> The pair was likely to find support at 1.4022, Monday’s low, and resistance at 1.4233, today’s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.52% to hit 0.8836 and EUR/JPY rising 0.61% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Hot Option Plays: Crude On The Move Posted: 31 Mar 2011 01:18 PM PDT Cusick’s Corner Volume is way down, window dressing is done and the market rests in front of the Unemployment data tomorrow. Take the afternoon looking at sectors and stocks that you believe will grow in a sub 9% unemployment environment. Keep in mind that you will have to take into consideration and balance the risks. Fo example sectors like Industrial Products or Retail, are sectors that like good, solid employment and spending environments. See you After Hours. Trading is relatively slow, … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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U.S. Markets Mixed At Close; Dow Jones Down 0.25% Posted: 31 Mar 2011 01:10 PM PDT Forex Pros – U.S. stocks were mixed after the closing bell on Thursday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average fell 0.25%, the S&P 500 index shed 0.18%, while the Nasdaq 100 index climbed 0.11%.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims fell less-than-expected to a seasonally adjusted 388.00K last week from 394.00K in the preceding week whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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GE Energy Makes Acquisition Posted: 31 Mar 2011 01:05 PM PDT Industrial conglomerate General Electric Co. (NYSE:GE) announced that the energy business of the company will acquire an approximately 90% stake in France-based Converteam for about $3.2 billion. General Electric bought this stake from a controlling shareholder group that includes management, Barclays Private Equity of Barclays PLC (NYSE:BCS) and LBO France. GE Energy is the foremost global provider of power generation and energy delivery technologies in all areas of the energy industry including … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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CEO Spotlight: Mike Petters, CEO Of Huntington Ingalls Industries Inc. Posted: 31 Mar 2011 01:00 PM PDT 03/31/11 Mike Petters, CEO of Huntington Ingalls Industries, Inc., grants us exclusive interview regarding everything from the companys spin-off from Northrop Grumman, what it means for the future of shipbuilders, and overcoming future … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Forex – GBP/USD Down During The U.S. Session Posted: 31 Mar 2011 12:45 PM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> GBP/USD was trading at 1.6061, down 0.08% at time of writing.<br/><br/> The pair was likely to find support at 1.5938, Monday’s low, and resistance at 1.6151, today’s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims fell less-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Senior Management Exits At Acxiom Posted: 31 Mar 2011 12:35 PM PDT Shares of Acxiom Corporation (NASDAQ:ACXM) plunged 22.68% on the heels of the announcement that the company’s CEO and President John A. Meyer has resigned from his positions, effective March 28, 2011. Additionally, the CFO Christopher W. Wolf will also resign from his position in the second quarter of 2011, due to personal reasons. The board of directors appointed Jerry D. Gramaglia, a member of the board, to serve as interim CEO while it looks for a permanent replacement. Mr. Gramaglia has been a … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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EIA: Oil Stocks Up, Gasoline Sinks Posted: 31 Mar 2011 12:35 PM PDT The U.S. Energy Department’s weekly inventory release showed a steep build-up in crude stockpiles with supplies at the key delivery hub of Cushing hitting a record high. The agency's report further revealed that distillate stocks added to their supplies and refinery run-rates were flat for the week. However, the gasoline numbers were quite bullish with inventories dropping to their lowest level this year. The Energy Information Administration ("EIA") Petroleum Status Report … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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CarMax Exceeds By A Penny Posted: 31 Mar 2011 12:35 PM PDT CarMax Inc.(NYSE:KMX) posted a profit of $89.5 million or 39 cents per share in the fourth quarter of fiscal 2011 ended February 28, 2011, barely exceeding the Zacks Consensus Estimate by a penny. The profit increased 83% from $48.8 million or 26 cents per share (excluding favorable adjustments primarily related to loans originated due to CarMax Auto Finance) in the prior-year quarter. CarMax's results were positively driven by a rebound in customer traffic and sales execution along with a … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Theme Thinking – SPY Moving Between Round Number Levels Posted: 31 Mar 2011 12:18 PM PDT I strongly advocate "thinking in themes" rather than indicators and keeping your focus as much as possible on price structure. Namely, you want to know "what is price doing and how effectively is it doing in?" Here – let's look at the current SPY intraday world to pick up on a theme that you may have missed unless you were watching closely: It's often best to reserve at least some of your analysis for thinking in "Themes" or "Concepts" like this. Ask: "Is there … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Alnylam Inks Deal With NYU Posted: 31 Mar 2011 12:10 PM PDT Alnylam Pharmaceuticals Inc. (NASDAQ:ALNY) recently announced that it has received an exclusive license from the New York University (NYU) for intellectual property covering therapeutic uses of miR-33a and miR-33b to treat diseases such as atherosclerosis and metabolic syndrome. The license was obtained by Regulus Therapeutics Inc., a joint venture company formed by Alnylam in collaboration with Isis Pharmaceuticals (NASDAQ:ISIS). In addition to the latest license, Regulus also owns fundamental patent … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Equity Residential Sells Crosswinds Posted: 31 Mar 2011 12:10 PM PDT Equity Residential (NYSE:EQR), the largest fully integrated publicly traded multi-family real estate investment trust( REIT) in the U.S., has recently sold Crosswinds Apartment Homes – an apartment community in St. Petersburg, Florida, for $13.1 million. The property was sold to Covenant Capital Group LLC – a real estate private equity firm primarily focusing on the value-added acquisition and redevelopment of apartment communities. Spanning 18.5 acres, Crosswinds Apartment Homes include 208 … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Forex – USD/CAD Down In U.S. Trade Posted: 31 Mar 2011 12:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Thursday after the release of Canadian data on GDP.<br/><br/> USD/CAD was trading at 0.9688, down 0.23% at time of writing.<br/><br/> The pair was likely to find support at 0.9684, today’s low, and resistance at 0.9824, Monday’s high.<br/><br/> Earlier in the day, official data showed that Canadian gross domestic product rose to a seasonally adjusted 0.50% last month … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Novavax Narrows Loss Posted: 31 Mar 2011 12:05 PM PDT Novavax's (NASDAQ:NVAX) fourth quarter 2010 net loss per share came in at 6 cents, narrower than the Zacks Consensus Estimate of a loss of 9 cents. The year-ago adjusted loss was 15 cents. The narrower loss at Novavax in the final quarter of 2010 was attributable to the lower operating costs. Quarterly Results Novavax, a vaccine developer, does not have any marketed products at present. Revenues declined 32% to $0.05 million in the reported quarter. Novavax generates revenues from research … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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SunTrust: Relief From TARP Posted: 31 Mar 2011 12:05 PM PDT SunTrust Banks Inc. (NYSE:STI) said on Wednesday that it has repaid the entire $4.85 billion in bailout money it had received from the government for its participation in the Troubled Asset Relief Program (TARP). SunTrust financed its TARP repayment primarily through proceeds from a $1.04 billion stock offering and $1 billion debt offering that it completed last week. The company funded the remaining dues from its available cash. Following the release of the Federal Reserve's much-awaited stress … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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American Capital Lowered To Neutral Posted: 31 Mar 2011 12:05 PM PDT We have recently lowered our recommendation on American Capital Agency Corp. (NASDAQ:AGNC), a leading real estate investment trust (REIT) that focuses on investments in mortgage pass-through securities and collateralized mortgage obligations (CMOs), from Outperform to Neutral as we anticipate it to perform in line with the broader market. American Capital invests only in fixed-rate agency securities where payments are guaranteed by the U.S. government or government-owned entities, such as Fannie Mae … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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Forex – EUR/USD Up In U.S. Trading Hours Posted: 31 Mar 2011 11:45 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4196, up 0.49% at time of writing.<br/><br/> The pair was likely to find support at 1.4022, Monday’s low, and resistance at 1.4233, today’s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.52% to hit 0.8836 and EUR/JPY rising 0.66% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates  
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“It’s All About The Sectors” Posted: 31 Mar 2011 11:30 AM PDT |