DailyMarkets.com - Rite Aid Reports Positive Data
DailyMarkets.com - Rite Aid Reports Positive Data |
- Rite Aid Reports Positive Data
- WNR Loss Narrows, But Misses Ests
- Momentum Stock: Verifone Systems, Inc.
- Devon Ups Quarterly Dividend
- Forex – EUR/USD Up In U.S. Trading Hours
- West Africa Central Bank Holds Rate At 4.25%
- Gold And Silver Soars As U.S. Dollar Hits New Lows
- Novell EPS Beats, Revenue Misses
- Toyota Popular In EU: Hybrid Helps?
- Forex – AUD/USD Down During The U.S. Session
- “If Oil Keeps Going Up…stall Growth Of Economy”
- Three-legged Bull Prepares For A PNC Rally
- Forex – NZD/USD Down In U.S. Trade
- European Markets Close Lower; Dax Down 0.65%
- First Industrial To Offer Shares
- Jobs Report In Depth, Part 1
- GPB/JPY Shows Outside Bar To Possibly Complete Wave 2 Or B Wedge
- SGMS Misses On Lower Revenue
- AIG’s Chartis Demoted, Yet Hopeful
- Eastman Kodak Acquires Tokyo Ohka
- Allstate Sues Credit Suisse On MBS
- Standard Motor Ahead Of Estimates
- Forex – EUR/USD Up At The End Of European Session
- Silver Signaling Bullish Resumption To 35.70-36, 37.30
- Stock Market Outlook And Attractive Sectors
- Strong Economic Data Lifts Risk Appetite
- Gold Shows Positive Reversal Signal; Targets 1458 If 1420 Holds
- Forex – EUR/USD Up Toward The End Of European Session
- The Most Important Price Chart For Investors
- Crude Rises Above $103
- TOTAL In Key Russian Alliance
- Maxwell Builds Order Book
- FMC Wins Petrobras Supply Order
- Valero Sees Sequential Slip
- Cooper Outshines, Profit Doubles
- The Real News On Jobs
- Forex – USD/JPY Down Toward The End Of European Session
- Australian Dollar: The Downside Prevails
- Canadian Dollar: The Downside Prevails
- Forex Trading: GBPUSD In Between Support And Resistance
- Forex – GBP/USD Down Toward The End Of European Session
- Word From The Floor: Unemployment Down, Oil Up
- Forex Trading: USDJPY Below 100 Day MA At 82.56. London/Europe Looks To Exit
- Forex – EUR/USD Up During The European Session
- Forex Trading: EURUSD Tests Intraday Support. Is The Market Still Short?
- Today’s Employment Report
- Wal-Mart’s Annual Dividend Increases Nearly 21%
- A Question Of Timing
- Rheochem To Focus On Exploration And Production After Selling Drilling Fluids Business
- Daron Lee Of XCAP Securities Sets His Sights On Smaller Quoted Companies
- Conroy Gold And Natural Resources To Carry Out Infill Drilling At Contibret Gold Project
| Rite Aid Reports Positive Data Posted: 04 Mar 2011 12:05 PM PST Leading drugstore chain operator Rite Aid Corp. (NYSE:RAD) reported a growth of 1% in same-store sales for the five weeks ended February 26, 2011. |
| WNR Loss Narrows, But Misses Ests Posted: 04 Mar 2011 12:05 PM PST Oil refiner and marketer Western Refining Inc. (WNR) reported weaker-than-expected fourth-quarter results, reflecting lower refinery throughput. The company incurred a loss per share (excluding special items) of 4 cents, versus the Zacks Consensus Estimate for a profit of 5 cents. |
| Momentum Stock: Verifone Systems, Inc. Posted: 04 Mar 2011 11:25 AM PST Verifone Systems, Inc. (NYSE:PAY) recently spiked more than 9% in one day on a solid Q4 earnings surprise that has shares trading within $1 of the all-time high. Estimates have since jumped higher, providing plenty of momentum for this Zacks #2 rank stock. |
| Posted: 04 Mar 2011 11:25 AM PST Devon Energy Corporation (NYSE:DVN) boosted its quarterly dividend by 6%, raising the second quarter 2011 dividend to 17 cents per share compared with the previous dividend rate of 16 cents. This increase brings Devon's annualized dividend rate to 68 cents per share from the previous rate of 64 cents. |
| Forex – EUR/USD Up In U.S. Trading Hours Posted: 04 Mar 2011 11:15 AM PST Forex Pros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3994, up 0.18% at time of writing. The pair was likely to find support at 1.3712, Monday's low, and resistance at 1.4007, today's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.22% to hit 0.8601 and EUR/JPY rising 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| West Africa Central Bank Holds Rate At 4.25% Posted: 04 Mar 2011 11:14 AM PST The Central Bank of West African States maintained its marginal lending facility rate at 4.25%, the minimum open market rate at 3.25% and the bank reserves requirement at 7.00%. The move was driven by unrest and instability in the region’s largest economy, Cote d’Ivoire (Ivory Coast). The West African States (Benin, Burkina Faso, Cote d’Ivoire, Guinea Bissau, Mali, Niger, Senegal, Togo) saw their inflation rate rise to 3.9% in December 2010 from 2.6% in … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Gold And Silver Soars As U.S. Dollar Hits New Lows Posted: 04 Mar 2011 11:11 AM PST The gold (GLD) and silver (SLV) meteor keeps soaring in the skies over Wall Street as the US dollar (UUP) is parachuting into new lows. The spot price of silver this week broke $34.40, zooming into a record high area unseen since 1980. On March 1, gold followed its poorer brother by breaking out at $1425. The US dollar is challenging all-time lows. It does not take a PhD from Princeton to realize that there may be a problem here. Maybe the recent radical central bank … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Novell EPS Beats, Revenue Misses Posted: 04 Mar 2011 11:05 AM PST Enterprise software developer Novell Inc. (NASDAQ:NOVL) reported first quarter 2011 non-GAAP earnings (excluding one-time charges) of 7 cents per share, which was 2 cents above the Zacks Consensus Estimate. Earnings per share (EPS) were in line with the year-ago quarter's 7 cents. The quarter was impacted by a $31 million net tax charge in connection with the planned repatriation of a majority of non-U.S. cash. |
| Toyota Popular In EU: Hybrid Helps? Posted: 04 Mar 2011 10:35 AM PST Toyota Motor Corp. (NYSE:TM) expects its European sales to rise to 1 million vehicles by 2013–2014 with the addition of at least 10 hybrid models. The automaker, which already has an established market in the continent, currently offers six hybrid models in the region under its namesake and Lexus line-ups. |
| Forex – AUD/USD Down During The U.S. Session Posted: 04 Mar 2011 10:35 AM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls. AUD/USD was trading at 1.0121, down 0.25% at time of writing. The pair was likely to find support at 1.0076, today's low, and resistance at 1.0202, Tuesday's high. Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 192.00K last month, from 63.00K in the preceding month whose figure was revised … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| “If Oil Keeps Going Up…stall Growth Of Economy” Posted: 04 Mar 2011 10:31 AM PST 03/04/11 Seaport Securities’ Jason Weisberg weighs in on crude oil topping … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Three-legged Bull Prepares For A PNC Rally Posted: 04 Mar 2011 10:07 AM PST Three-legged bull prepares for a PNC rally |
| Forex – NZD/USD Down In U.S. Trade Posted: 04 Mar 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 0.7374, down 0.49% at time of writing. The pair was likely to find support at 0.7339, today's low, and resistance at 0.7554, Monday's high. Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.18% to hit 1.3716 and EUR/NZD rising 0.55% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| European Markets Close Lower; Dax Down 0.65% Posted: 04 Mar 2011 09:55 AM PST Forex Pros – European stocks were down after the closing bell on Friday. At the close of European trade, Germany's DAX fell 0.65%, London's FTSE 100 shed 0.24%, France's CAC 40 declined 1.00% and the EURO STOXX 50 was down 0.68%. Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 192.00K last month, from 63.00K in the preceding month whose figure was revised up from 36.00K. Analysts had expected U.S. non-farm payrolls … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| First Industrial To Offer Shares Posted: 04 Mar 2011 09:35 AM PST First Industrial Realty Trust, Inc. (NYSE:FR), a real estate investment trust (REIT), has recently announced its plans to offer 8.9 million common shares. UBS Securities LLC, an indirect wholly-owned subsidiary of UBS AG (NYSE:UBS) is acting as the sole book-running manager for the offering. First Industrial intends to utilize the proceeds from the secondary offering to repay its debt. |
| Posted: 04 Mar 2011 09:35 AM PST The economy added a total of 192,000 jobs in February. That is just a bit better than consensus expectations for a gain of 185,000. The increase is in line with the numbers put out on Wednesday by ADP that showed a gain of 217,000 private sector jobs. Government payrolls declined by 30,000 and the private sector added a total of 222,000. So unlike the last two months, the ADP number looks pretty accurate. The consensus was looking for a decline of 13,000 government jobs and thus also for a … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| GPB/JPY Shows Outside Bar To Possibly Complete Wave 2 Or B Wedge Posted: 04 Mar 2011 09:18 AM PST GBP/JPY Testing Resistance at 134.10; Elliott Wave Scenarios (3/3) |
| Posted: 04 Mar 2011 09:06 AM PST Scientific Games Corp. (NASDAQ:SGMS) reported fourth quarter 2010 earnings of 2 cents, missing Zacks Consensus Estimate of 4 cents. This was better than a loss of 5 cents reported in the year-ago quarter. |
| AIG’s Chartis Demoted, Yet Hopeful Posted: 04 Mar 2011 09:06 AM PST On Monday, American International Group Inc.'s (NYSE:AIG) property-casualty insurance (P&C) subsidiary, Chartis, was downgraded by Standards and Poor's (S&P) rating agency. |
| Eastman Kodak Acquires Tokyo Ohka Posted: 04 Mar 2011 09:05 AM PST Eastman Kodak Company (NYSE:EK) completed the acquisition of all the assets of the relief plates business of Tokyo Ohka Kogyo Co., Ltd.. The financial terms of the transaction were not disclosed. |
| Allstate Sues Credit Suisse On MBS Posted: 04 Mar 2011 09:05 AM PST Bloomberg reported that Allstate Corp. (NYSE:ALL) has filed a federal complaint against Credit Suisse AG (NYSE:CS) alleging that the latter had sold more than $231 million of toxic investments in lieu of safe investments to Allstate between 2005 and 2008, which later encountered a drastic price decline. |
| Standard Motor Ahead Of Estimates Posted: 04 Mar 2011 09:05 AM PST Standard Motor Products Inc. (NYSE:SMP) saw a profit of $2.6 million or 11 cents per share (excluding non-operational gains and losses) in the fourth quarter of 2010, exceeding the Zacks Consensus Estimate by 8 cents per share. |
| Forex – EUR/USD Up At The End Of European Session Posted: 04 Mar 2011 09:00 AM PST Forex Pros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3981, up 0.09% at time of writing. The pair was likely to find support at 1.3712, Monday's low, and resistance at 1.4007, today's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.26% to hit 0.8604 and EUR/JPY falling 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Silver Signaling Bullish Resumption To 35.70-36, 37.30 Posted: 04 Mar 2011 08:56 AM PST Gold and Silver Might be Exhaused; Will Channels Hold? (3/3) - Silver remains in an upwards channel, and had a very minor correction to 34.20 area before continuing the bullish attempt. The RSI also shows bullish continuation, staying mainly above 40, and now above 50 to rally towards 70. |
| Stock Market Outlook And Attractive Sectors Posted: 04 Mar 2011 08:47 AM PST As we prepare for Friday's employment report, it is a good time to review both the market's outlook for the next few months and our possible investment approach. For those keeping score at home, the consensus forecast for Friday's employment number is 180,000; the range of forecasts spans from 120,000 to 255,000. Thursday saw the biggest gain in stocks thus far in 2011. According to Bloomberg: |
| Strong Economic Data Lifts Risk Appetite Posted: 04 Mar 2011 08:45 AM PST 03/04/11 Risk appetite has returned to the forex markets this session following another round of strong economic reports out of the … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Gold Shows Positive Reversal Signal; Targets 1458 If 1420 Holds Posted: 04 Mar 2011 08:42 AM PST Gold and Silver Might be Exhaused; Will Channels Hold? (3/3) - Following up with yesterday's post, the channel in gold held, and the market has formed a positive reversal signal (a lower RSI low corresponding to a higher price low). |
| Forex – EUR/USD Up Toward The End Of European Session Posted: 04 Mar 2011 08:40 AM PST Forex Pros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3978, up 0.06% at time of writing. The pair was likely to find support at 1.3712, Monday's low, and resistance at 1.4007, today's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.27% to hit 0.8605 and EUR/JPY rising 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| The Most Important Price Chart For Investors Posted: 04 Mar 2011 08:32 AM PST So, let me guess. You thought I was going to give you a price chart of the movement of oil, gold or interest rates. I don't need to show you charts on them…you've been reading on these pages for months that they will continue to rise. The most important chart for investors is about a transfer of economic power. It is about investors and foreigners leaving the U.S. dollar. It is about the repercussions that America will feel during its quiet devaluation of the greenback. It's … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Posted: 04 Mar 2011 03:30 AM PST 03/04/11 Front month crude prices continued to rise this session on growing turmoil in oil producing nations in the Middle East and a weaker … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Posted: 04 Mar 2011 08:25 AM PST Integrated oil and gas company TOTAL S.A. (NYSE:TOT) deepened its presence in Russia by entering into two noteworthy Memorandums of Cooperation with the largest Russian independent gas producing company, OAO Novatek. |
| Posted: 04 Mar 2011 08:25 AM PST Maxwell Technologies Inc. (MXWL) announced that it has received a cost-shared technology development contract worth approximately $7 million from the United States Advanced Battery Consortium LLC ("USABC"). |
| FMC Wins Petrobras Supply Order Posted: 04 Mar 2011 08:22 AM PST Houston, Texas-based FMC Technologies (NYSE:FTI) announced that it has signed a $125 million supply contract with Brazilian oil giant Petroleo Brasileiro S.A. (PBR) or Petrobras S.A. Per the terms of the deal, the former will supply 32 subsea trees for the development and expansion of Petrobras' oil and gas fields in offshore Brazil. The delivery is slated for 2013. |
| Posted: 04 Mar 2011 08:22 AM PST Valero Energy Corporation (NYSE:VLO) expects a substantial sequential earnings drop for the first quarter of 2011. The company, in its recent first quarter 2011 interim update, stated that it expects earnings to fall to the range of 15–30 cents per share, compared with the adjusted fourth quarter 2010 profit of 40 cents. This decline primarily reflects an after-tax loss of $348 million, or 61 cents per share, related to hedging activities, to be included in the current quarter. |
| Cooper Outshines, Profit Doubles Posted: 04 Mar 2011 08:21 AM PST Cooper Companies (NYSE:COO) reported healthy first-quarter fiscal 2011 (ended January 31) results with adjusted earnings per share of 85 cents handily surpassing both the Zacks Consensus Estimate of 68 cents and the year-ago earnings of 49 cents. |
| Posted: 04 Mar 2011 08:20 AM PST Are we making progress on the jobs front? The Bureau of Labor Statistics reports 192,000 new jobs in Februrary (220,000 new jobs in the private sector and a drop in government employment), and a drop in the overall unemployment rate from 9 to 8.9 percent. |
| Forex – USD/JPY Down Toward The End Of European Session Posted: 04 Mar 2011 08:20 AM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Friday after the release of U.S. data on Nonfarm Payrolls. USD/JPY was trading at 82.33, down 0.13% at time of writing. The pair was likely to find support at 81.58, Wednesday's low, and resistance at 83.05, today's high. Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 192.00K last month, from 63.00K in the preceding month whose figure was revised up … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Australian Dollar: The Downside Prevails Posted: 04 Mar 2011 08:19 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: 04 Mar 2011 08:19 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Forex Trading: GBPUSD In Between Support And Resistance Posted: 04 Mar 2011 08:08 AM PST The GBPUSD is another pair which is having difficulty with a bias today. The pair has been up and down a number of times already but some levels are being established. |
| Forex – GBP/USD Down Toward The End Of European Session Posted: 04 Mar 2011 07:55 AM PST Forex Pros – The British Pound was lower against the U.S. Dollar on Friday after the release of U.S. data on Unemployment Rate. GBP/USD was trading at 1.6262, down 0.10% at time of writing. The pair was likely to find support at 1.6073, Monday's low, and resistance at 1.6344, Wednesday's high. Earlier in the day, official data showed that the U.S. unemployment rate fell unexpectedly to a seasonally adjusted 8.90% last month, from 9.00% in the preceding month. Analysts had expected the … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Word From The Floor: Unemployment Down, Oil Up Posted: 04 Mar 2011 07:53 AM PST 03/04/11 The US unemployment rate dipped to 8.9% in February. Nonfarm payrolls expanded by 192K jobs. Crude oil topped … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Forex Trading: USDJPY Below 100 Day MA At 82.56. London/Europe Looks To Exit Posted: 04 Mar 2011 07:52 AM PST The 100 day MA comes in at 82.56. THis was trendline support from earlier today. The 38.2% of the move down from from the high today to the new low at 82.21 comes in at the 82.52 (100 bar MA on the 5 minute chart is also at the level – blue line in chart below). With the price back above the initial low for the day at the 82.28 level, the market seems to have found a bottom. The question is does it have the "will" to push much higher? London and EUROPE close/squaring will … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Forex – EUR/USD Up During The European Session Posted: 04 Mar 2011 07:30 AM PST Forex Pros – The Euro was higher against the U.S. Dollar on Friday after the release of U.S. data on Unemployment Rate. EUR/USD was trading at 1.3984, up 0.11% at time of writing. The pair was likely to find support at 1.3712, Monday's low, and resistance at 1.4007, today's high. Earlier in the day, official data showed that the U.S. unemployment rate fell unexpectedly to a seasonally adjusted 8.90% last month, from 9.00% in the preceding month. Analysts had expected the U.S. … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Forex Trading: EURUSD Tests Intraday Support. Is The Market Still Short? Posted: 04 Mar 2011 07:24 AM PST The EURUSD tried above the 1.4000 level but has come off as the NY morning progresses. The pair is testing th 38.2% of the sharp move higher today at the 1.3981 level. A move below the level will likely signal the market is more neutral now. However, it does seem the market is finding some buyers at/near the level. If the market is still short, I would expect buyers to come in at this level to square up before the weekend. For the shorts it is better than 1.4000 plus. They may not be happy. … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Posted: 04 Mar 2011 07:20 AM PST From today’s BLS employment report: 1. Payroll employment increased for the fifth straight month, as the U.S. economy added 192,000 payroll jobs in February, bringing the total increase to 671,000 jobs added since last October. Total employment according to the household survey (including self-employed and agriculture workers) increased by 250,000 jobs in February, following increases of 117,000 in January and 297,000 jobs in December. 2. The jobless rate fell to 8.9% in … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Wal-Mart’s Annual Dividend Increases Nearly 21% Posted: 04 Mar 2011 02:15 AM PST 03/04/11 Despite a decline in cash generated, Walmart’s board approved a near 21% annual dividend boost for its investors in fiscal … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Posted: 04 Mar 2011 07:08 AM PST They say that timing is everything. In the last couple of weeks economists have cracked open the debate over how fast the broader economy is really recovering and specifically how robust is that of the labor market. The Fed claims that it may take four or five years to drag the rate of unemployment back to where it was before the bust. In light of five back-to-back monthly payroll gains and another dip in the unemployment rate to 8.9% the bigger debate is likely to be whether the Fed isn’t just … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Rheochem To Focus On Exploration And Production After Selling Drilling Fluids Business Posted: 04 Mar 2011 03:11 AM PST Rheochem (LON:RHEP) , the AIM listed oil and gas company, has agreed a deal to sell its drilling fluids business for up to £28m to Newpark Resources Inc (NYSE:NR). The deal clears the way for Rheochem's chief executive Haydn Gardner to refocus the company as a pure play exploration and production company. It already owns a 10% stake in the Athena oil field in the UK North Sea, which is currently being developed. Newpark is paying around £14.7m up front for the drilling fluids business, with … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Daron Lee Of XCAP Securities Sets His Sights On Smaller Quoted Companies Posted: 04 Mar 2011 01:28 AM PST When Daron Lee set up investment banking boutique XCAP Securities (LON:XCAP) in 2009, the market for small cap stocks had been ravaged by the economic crisis, leaving companies and investors licking their wounds. While he readily admits that some of his friends in the City thought he was crazy to even consider the move, XCAP has nevertheless made a strong start and is now looking to capitalise on better conditions for small caps. Lee has a habit of making waves in the City. As the founder of … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
| Conroy Gold And Natural Resources To Carry Out Infill Drilling At Contibret Gold Project Posted: 04 Mar 2011 01:22 AM PST Conroy Gold Natural Resource (LON:CGNR), the AIM listed resource company exploring and developing gold and other natural resource projects in Ireland, has begun an infill drilling programme at its Clontibret gold target in County Monaghan. This move follows the completion of a scoping study by Wardrop Engineering which yielded positive results on both technical and financial grounds and its recommendation that infill drilling should proceed. The Conroy Gold and Natural Resources share prices … [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 | |

0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home