DailyMarkets.com - WPPGY’s Preliminary 2010 Results

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• WPPGY’s Preliminary 2010 Results
• DineEquity Misses Estimates
• Wendy’s Beats, Reaffirms Outlook
• DexCom’s 4Q Loss Trims
• Hot Option Plays: Bulls Lost That Loving Feeling
• Foreclosure Process Modifying?
• Earnings Preview: Brown-Forman
• Quaker State Named Title Sponsor Of Newest NASCAR Race
• Sector Watch: Tech, Oil, Aerospace & Conglomerates
• Famous Dave’s Misses By 1 Cent
• CSC Expands, Strengthens
• Gerdau 4Q Plummets, Expenses Soar
• “Uncertainty Will Fuel Oil Speculators”
• Put Player Positions For A Pullback In Lorillard Shares
• NextEra Unit Unveils Hybrid Center
• New Credit Facility For Dollar Financial (revised)
• Caterpillar Upgraded To Outperform
• Stalking Gold And Silver Corrections
• Micromet Loss Narrows; Revenues Up
• PSEG Power Closes Power Plant Sale
• GBP Sinks As Andrew Sentance To Be Replaced On MPC By Ben Broadbent
• GBP/JPY’s Short-term Bearish Scenario Is Materializing
• Canadian Natural Lags EPS, Tops Rev
• Cardica Microcutter Gets CE Mark
• Euro Hits 4-month High Vs. Dollar
• Morning News Notes: 3.7.11
• First Horizon Reiterated
• Forex Trading: EURUSD Tests Target Trendline Support At The 1.3182-86 Area
• Earnings Preview: Light Week For Earnings, Data
• LSE Mulls To Acquire NASDAQ
• AT&T CFO To Retire
• Australian Dollar: The Downside Prevails
• Canadian Dollar: The Downside Prevails
• DDR Prices Senior Unsecured Notes
• Good New For Endo Pharma
• DDR Prices Senior Unsecured Notes
• Earnings Preview: Canadian Solar Inc.
• Praxair Raises Funds Via Notes Issue
• Crude Trading Just Below $107
• Word From The Floor: Crude Oil Eases From $107
• Word From The Floor: Crude Oil Eases From $107
• EUR/JPY Cracking 115.63; Targets 117.25 And 117.70
• Western Digital To Acquire Hitachi Global Storage For $4.3 Billion
• Dollar Choked By Inflationary Evidence Elsewhere
• Pearson Set To Expand Education Portfolio With EDI Acquisition
• ClearStream Technologies Expands International Distribution Network
• Oil’s March Madness A Boost For Refiners
• Stock Investor Sentiment: No Change

WPPGY’s Preliminary 2010 Results Posted: 07 Mar 2011 12:05 PM PST Ireland-based advertising titan WPP Group plc. (NASDAQ:WPPGY) on March 4 reported  its preliminary results for the fourth quarter and the fiscal year 2010. Diluted pro forma earnings per share in the reported period were £0.567 ($4.39 per ADR), up 27.7% (22.5% in constant currency) from £0.444 ($3.44 per ADR) in the year-ago period. Revenue The company reported revenue of £9,331.0 million ($14,463.1 million) for the fiscal year 2010, an increase of 7.4% year over year and 5.6% on a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

DineEquity Misses Estimates Posted: 07 Mar 2011 11:35 AM PST DineEquity Inc. (NYSE:DIN), operating under the Applebee’s Neighborhood Grill & Bar and IHOP brands, reported fourth quarter adjusted earnings of 59 cents per share, below the Zacks Consensus Estimate of 64 cents and 76 cents recorded in the prior-year quarter. The lower -than- expected results were due to a decrease in revenue.  Revenues for the quarter under review declined 15.6% year-over-year to $355.2 million, and were lower than the Zacks Consensus Estimate of $313.0 million. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Wendy’s Beats, Reaffirms Outlook Posted: 07 Mar 2011 11:25 AM PST Wendy's/Arby's Group Inc. (NYSE:WEN) recently posted fourth-quarter 2010 adjusted earnings of approximately one cent per share, which was above the Zacks Consensus estimate of break-even. The lower overhead costs and interest expenses and modest same-store sales gains at both of its restaurant chain led to the upside in the earnings. On a GAAP basis, the Atlanta-based company's loss narrowed to $10.8 million or 3 cents per share during the quarter, compared with a loss of $14.7 million or 3 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

DexCom’s 4Q Loss Trims Posted: 07 Mar 2011 11:25 AM PST DexCom (NASDAQ:DXCM), a prominent player in the glucose monitoring market, reported fourth-quarter fiscal 2010 loss per share of 16 cents, lower than  the Zacks Consensus Estimate of a loss of 19 cents and the year-ago loss of 25 cents. Net loss for the quarter trimmed roughly 15% year over year to $9.8 million owing to a healthy double-digit revenue growth. For fiscal 2010, adjusted (excluding one-time items) loss per share of 82 cents was below the Zacks Consensus Estimate of a loss of 88 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hot Option Plays: Bulls Lost That Loving Feeling Posted: 07 Mar 2011 11:18 AM PST Cusick's Corner The sellers have the upper hand this Midday in spite of the pullback in oil. As I noted on Friday, the longs may done some hedging in the futures on the close and insurance looked like a good idea. The market gave us another window of opportunity earlier this morning to potentially implement that insurance and it is still a viable strategy to review going into what looks to be some potentially volatile trading. The 1300 level on the S&P 500 is the critical support level … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Foreclosure Process Modifying? Posted: 07 Mar 2011 11:05 AM PST On Friday, the Wall Street Journal reported that many large U.S. mortgage servicers received a document proposing changes in foreclosure policies from state attorneys general (AGs) and federal regulators. These mortgage servicers include names like JPMorgan Chase & Co (NYSE:JPM), Bank of America Corporation (NYSE:BAC), Ally Financial Inc., Wells Fargo & Company (NYSE:WFC) and Citigroup Inc. (NYSE:C). The document has been designed to lay the groundwork for certain permanent changes in mortgage … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Preview: Brown-Forman Posted: 07 Mar 2011 11:05 AM PST Brown-Forman Corporation (BF.B), one of the leading producers and distributors of premium alcoholic beverages in the world, is scheduled to report its third-quarter 2011 financial results before the opening bell on March 08, 2011. The Zacks Consensus expectations for EPS and revenues for the quarter are currently 86 cents and $870.0 million, respectively. Second-Quarter 2011, Summary Brown-Forman’s quarterly earnings of $1.05 a share jumped 6.1% from 99 cents in the prior-year quarter, beating … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Quaker State Named Title Sponsor Of Newest NASCAR Race Posted: 07 Mar 2011 11:00 AM PST 03/07/11 On Sunday, Quaker State announced that it will become the title sponsor of the first NASCAR Sprint Cup Series race at the Kentucky … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Sector Watch: Tech, Oil, Aerospace & Conglomerates Posted: 07 Mar 2011 10:40 AM PST In my weekly Earnings Trends report, I rank the 16 economic sectors on a wide variety of earnings and sales metrics. The report just looks at the 500 firms in the S&P 500, not the whole Zacks Universe. However since it is organized by the individual metric, such as Annual Earnings Growth or P/E, it can be hard to get an overall picture of a given economic sector. This is the third post in a series that tries to rectify that. Since there is a lot to write about in each sector, I will cover … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Famous Dave’s Misses By 1 Cent Posted: 07 Mar 2011 10:35 AM PST Minnetonka, Minnesota-based Famous Dave’s of America, Inc. (NASDAQ:DAVE) recently posted fourth quarter 2010 earnings of 6 cents, which missed the Zacks Consensus Estimate by a penny and 8 cents reported in the prior year quarter. Famous Dave's is engaged in the ownership, franchising and operation of restaurantssaid that total revenue in the quarter climbed 11.0% year over year to $36.2 million. But it was in line with the Zacks Consensus Estimate. The upside in revenues was attributable to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

CSC Expands, Strengthens Posted: 07 Mar 2011 10:35 AM PST Computer Sciences Corporation (NYSE:CSC) continues to sign new contracts at regular intervals. The company recently announced that CEC Entertainment Inc. (CEC) has licensed CSC's RISKMASTER, an independent risk and claims management system. The family dining and entertainment company will use the software to integrate and streamline liability and workers compensation claims as well as administration and risk management processes.  Five organizations, from different industries, including … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Gerdau 4Q Plummets, Expenses Soar Posted: 07 Mar 2011 10:35 AM PST Brazilian steel producer, Gerdau S.A.'s (NYSE:GGB) fourth quarter 2010 net income plummeted 35% year over year to R$420 million (US$248.5 million) and registered a 31% sequential decline. Earnings per share (EPS) were R$0.29 (17 cents per ADR), compared with R$0.45 (30 cents per ADR) in the year-ago period and below the Zacks Consensus Estimate of 18 cents per ADR. The bottom-line results were negatively affected by higher cost of sales and operating expenses, which more than offset higher … [visit site to read more] or compare Best Credit Cards and Best CD Rates

“Uncertainty Will Fuel Oil Speculators” Posted: 07 Mar 2011 05:30 AM PST 03/07/11 Meridian Equity Partners’ Joseph Greco discusses US stocks reversing strength seen at the open, and weighs in on the near-term forecast for … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Put Player Positions For A Pullback In Lorillard Shares Posted: 07 Mar 2011 10:27 AM PST Put player positions for a pullback in Lorillard shares Today’s tickers: LO, HMA, AMR & USO Lorillard Inc. (NYSE:LO) – A three-legged spread involving April contract put options on the cigarette manufacturer appears to be the work of an investor positioning for the price of the underlying stock to slip ahead of expiration. Shares in Lorillard, the maker of Newport cigarettes, the number one menthol brand, are currently up 0.33% to stand at $78.00 as of 12:50pm. The stock rallied as much as … [visit site to read more] or compare Best Credit Cards and Best CD Rates

NextEra Unit Unveils Hybrid Center Posted: 07 Mar 2011 10:05 AM PST NextEra Energy Inc. (NEE) announced that its unit, Florida Power & Light Company, has developed the world's very first hybrid solar power unit, the Martin Next Generation Solar Energy Center. The Martin next-generation solar power center is spread over 500 acres in western Martin County, Florida and has more than 190,000 solar thermal mirrors connected with an existing combined-cycle natural gas power plant. The advanced technology used in the hybrid plant helps to tap the rays of the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

New Credit Facility For Dollar Financial (revised) Posted: 07 Mar 2011 10:05 AM PST To replace its credit facility in U.S. and Canada, Dollar Financial Corp (NASDAQ:DLLR) plans to go for a four-year global revolving credit facility of $200 million. The company might further expand the credit facility to $250 million. Dollar Financial's new facility replaces the existing revolving credit facility in U.S. of $75.0 million and C$28.5 million facility in Canada, and is expected to mature on March 3, 2015. Apart from this, Dollar Financial's credit facility may be utilized to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Caterpillar Upgraded To Outperform Posted: 07 Mar 2011 09:55 AM PST Caterpillar Inc. (NYSE:CAT) ended fiscal 2010 on a promising note coming off a very challenging 2009. It also maintained the sales momentum in its January results, giving 2011 a good start leading us to upgrade our recommendation to Outperform from Neutral. The company's fourth-quarter adjusted EPS increased almost four fold to $1.47 and fiscal 2010 adjusted EPS almost doubled to $4.15 from the prior-year comparable periods. Results outshined the Zacks Consensus Estimates of $1.27 and $4.01. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stalking Gold And Silver Corrections Posted: 07 Mar 2011 09:53 AM PST Gold 3/4 Silver 3/4 Gold (XAU/USD) - After Friday's post, gold has started the week breaking above the Friday high as well as breaking above last week's high. A correction is materializing from 1445, which has brought the price to 50% retracement and the RSI back towards 50. - If the market remains in a bullish trend, we should see this correction stay above the 1423(61.8% retracement) level. - Below 1420, we could be consolidating. Currently, the bullish target in the short-term is 1458, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Micromet Loss Narrows; Revenues Up Posted: 07 Mar 2011 09:35 AM PST Micromet Inc.'s (MITI ) fourth quarter 2010 loss per share came in at 17 cents (including special items), narrower than the year-ago loss of 34 cents per share. After adjusting for the change in fair value of warrants, the company reported a loss per share of 11 cents, less than the year-ago post adjustment loss of 34 cents per share. The Zacks Consensus Estimate had pegged the loss at 15 cents per share. The lower loss over the prior year was attributable to an increase in revenues and a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

PSEG Power Closes Power Plant Sale Posted: 07 Mar 2011 09:35 AM PST PSEG Power LLC, a subsidiary of Public Service Enterprise Group Incorporated (NYSE:PEG), announced the closing of sale of its Guadalupe power plant for approximately $351 million. The plant is sold to MinnTex Power Holdings LLC and MinnTex GP LLC. Both the entities, managed by Wayzata Investment Partners LLC, have agreed to acquire 100% of the equity interests in the limited partnership that owns the Guadalupe facility in south Texas. Earlier, in January 2011, the company had announced the sale of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

GBP Sinks As Andrew Sentance To Be Replaced On MPC By Ben Broadbent Posted: 07 Mar 2011 09:34 AM PST The GBP slid in today's trading after it was announced that Ben Broadbent was appointed to the monetary policy committee (MPC) by the Treasury on Monday. Mr Broadbent will replace Andrew Sentance on the MPC, starting with the June meeting. Mr Sentance has been the most hawkish member of the MPC and has been called for and voting for a quarter point interest rate increase in the benchmark rate since last June. We saw that 2 other members have moved over to his view in the previous rate … [visit site to read more] or compare Best Credit Cards and Best CD Rates

GBP/JPY’s Short-term Bearish Scenario Is Materializing Posted: 07 Mar 2011 09:13 AM PST GBP/JPY Shows Outside Bar to Possible Complete Wave 2 or B Wedge (3/4) GBP/JPY - After the outside bar seen on Friday, we are seeing the decline materializing. - Now we are near the first support pivot near 132.00, as well as the 200SMA in this 4H chart. - The bearish outlook has a swing projection to 130.90 area, let's say 131. - Then below that the bearish scenario is still not a strong case until breaking below 129.50, at which point we would look for a decline towards the 126 support … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Canadian Natural Lags EPS, Tops Rev Posted: 07 Mar 2011 09:05 AM PST Independent oil explorer Canadian Natural Resources Ltd.  (CNQ) reported mixed fourth quarter and full-year 2010 results due to higher volumes, reduced production expenses and significant free cash flow. Earnings per share, excluding one-time and non-cash items, came in at 57 Canadian cents (US 56 cents), below the Zacks Consensus Estimate of 72 cents and prior-year quarter's 61 Canadian cents. Full-year 2010 earnings, excluding special items, were C$2.36 ($2.33) per share, down 4.8% … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Cardica Microcutter Gets CE Mark Posted: 07 Mar 2011 09:05 AM PST Cardica (NASDAQ:CRDC) recently obtained CE Mark certification for its initial Microcutter surgical cutting and stapling device. As part of the multiple step approval process, the company has received a Full Quality Assurance certification for the Microcutter's design as well as manufacturing process. Following receipt of this certification and upon conclusion of development activity, Cardica can apply its CE Mark to the first Microcutter product, the Microcutter XPRESS 30. It will also be able to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Hits 4-month High Vs. Dollar Posted: 07 Mar 2011 08:50 AM PST 03/07/11 The euro currency trades at a 4-month high against the dollar this session led by a surge in European investor confidence … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Morning News Notes: 3.7.11 Posted: 07 Mar 2011 08:42 AM PST The morning news notes as prepared by TL… SP500 has doubled from 3.6.09, Wisconsin, head of Singapore’s SWF is bullish on America, OPEC, Libya, Saudi Arabia, US farmers fear flooding this Spring due to record snow falls, and the 2011 oil shock. “Morning News Notes: March 7, 2011″ click … [visit site to read more] or compare Best Credit Cards and Best CD Rates

First Horizon Reiterated Posted: 07 Mar 2011 08:35 AM PST We recently reiterated our Neutral recommendation on First Horizon National Corp. (NYSE:FHN). The reiteration is based on the company's financial position following fourth quarter and full year 2010 earnings, repayment of the government bailout money, its strategic efforts, current economic environment, threats and opportunities to the company. Fourth Quarter and Full Year Flashback In January, First Horizon released its fourth quarter and full year 2010 earnings results. The company swung to a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: EURUSD Tests Target Trendline Support At The 1.3182-86 Area Posted: 07 Mar 2011 08:28 AM PST The EURUSD is down testing target support against a few trendline at 1.3981-86.  A break of those levels will target 1.3958 then 1.3933.  The bias is shifting toward the downside, but a move below this support level is really needed to get the longs more concerned that the top may be in place. The high today tested the topside trendline at the 1.4035 and held that line.  This has given bulls a reason to pause from the trend rally that has taken the price up from the February … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Preview: Light Week For Earnings, Data Posted: 07 Mar 2011 08:26 AM PST Earnings Preview 3/06/11 The fourth quarter earnings season is almost over. A total of just 252 firms are due to report and only 5 are S&P 500 firms. A great many of next week's reporters are retailers, many of which have fiscal years than end in January, not December. So far the earnings season seems to be going well. With 98.2% of the S&P 500 reports in, total net income is up 30.5% over a year ago. The firms reporting this week include: Brown Foreman (NYSE:HRB), National … [visit site to read more] or compare Best Credit Cards and Best CD Rates

LSE Mulls To Acquire NASDAQ Posted: 07 Mar 2011 08:25 AM PST Yesterday, the Sunday Times reported that NASDAQ OMX Group Inc. (NASDAQ:NDAQ) has caught sight of the London Stock Exchange (LSE), which is mulling over acquiring the former, given the flurry of merger and acquisition (M&A) activity in the global stock exchange industry. Last week, NASDAQ was also reportedly found hunting for a partner to bid against NYSE Euronext Inc. (NYSE:NYX), which agreed last month to combine with Deutsche Boerse in a $10 billion deal. NASDAQ is also weighing other options of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AT&T CFO To Retire Posted: 07 Mar 2011 08:25 AM PST AT&T Inc. (NYSE:T) announced that its chief financial officer (CFO), Richard G. Lindner will retire on June 1, 2011. The current controller of AT&T, John Stephens will step into Lindner's shoes. We believe the transition will hardly hold any adverse impact on the company's business as both Lindner and Stephens have worked together for over 15 years. Lindner headed several important departments of the company, including investor and shareowner relations. His association with the company … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Australian Dollar: The Downside Prevails Posted: 07 Mar 2011 08:23 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: 07 Mar 2011 08:23 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

DDR Prices Senior Unsecured Notes Posted: 07 Mar 2011 08:22 AM PST Developers Diversified Realty Corporation (NYSE:DDR), a real estate investment trust (REIT), has recently offered 4.75% senior unsecured notes worth $300 million that are scheduled to mature in April 2018. The company has priced the notes at 99.315% of the face amount to yield 4.86% at maturity. Developers Diversified expects to raise net proceeds of approximately $295.5 million, after deducting underwriting discounts and other expenses related to the offering. The company intends to utilize the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Good New For Endo Pharma Posted: 07 Mar 2011 08:22 AM PST Zacks has removed this article. Thank you   ABBOTT LABS (ABT): Free Stock Analysis … [visit site to read more] or compare Best Credit Cards and Best CD Rates

DDR Prices Senior Unsecured Notes Posted: 07 Mar 2011 08:22 AM PST Developers Diversified Realty Corporation (NYSE:DDR), a real estate investment trust (REIT), has recently offered 4.75% senior unsecured notes worth $300 million that are scheduled to mature in April 2018. The company has priced the notes at 99.315% of the face amount to yield 4.86% at maturity. Developers Diversified expects to raise net proceeds of approximately $295.5 million, after deducting underwriting discounts and other expenses related to the offering. The company intends to utilize the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Preview: Canadian Solar Inc. Posted: 07 Mar 2011 08:22 AM PST Canadian Solar Inc. (NASDAQ:CSIQ), a low cost, vertically-integrated solar module producer with predominantly China-based manufacturing assets, is scheduled to report its fourth-quarter 2011 financial results on Thursday, March 10, 2011. The current Zacks Consensus Estimate for the quarter is 65 cents a share. Third Quarter 2010, a Synopsis Canadian Solar boosted by higher demand for photovoltaic solar modules reported strong results for the third quarter of fiscal 2010. For the quarter, adjusted … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Praxair Raises Funds Via Notes Issue Posted: 07 Mar 2011 08:22 AM PST Praxair Inc. (NYSE:PX) recently issued $500 million of 4.05% notes due on March 15, 2021. The offering closed on March 4, 2011. Praxair intends to use the proceeds to repay its short-term debt, repurchase shares under its share buyback program, and also for general corporate purposes. The funds may also be invested in short-term investments before being utilized for the above mentioned purposes. Currently, the company's long-term debt is rated A2 by Moody's Investors Service and A by Standard … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Trading Just Below $107 Posted: 07 Mar 2011 08:00 AM PST 03/07/11 A new week has brought on another rally in oil prices as growing turmoil in Libya has pushed crude to trade near $107 a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Word From The Floor: Crude Oil Eases From $107 Posted: 07 Mar 2011 02:53 AM PST 03/07/11 Oil futures pulled back from highs nearing $107/bbl. Energy shares were boosted by rising oil … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Word From The Floor: Crude Oil Eases From $107 Posted: 07 Mar 2011 02:53 AM PST 03/07/11 Oil futures pulled back from highs nearing $107/bbl. Energy shares were boosted by rising oil … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EUR/JPY Cracking 115.63; Targets 117.25 And 117.70 Posted: 07 Mar 2011 07:31 AM PST EUR/JPY Targets 115.63 and Possibly…(3/3) EUR/JPY - The EUR/JPY is bullish, but is testing an important resistance at 115.63. The market did break above this, so following the previous post, we are now targeting the 117.25, and 117.70 swing projections. - However, the market is at the moment in a correction, though not a very significant one so far. The RSI is above 40 so the bullish momentum is intact even in the short-term. - A break back above 115.30 is an early sign of bullish … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Western Digital To Acquire Hitachi Global Storage For $4.3 Billion Posted: 07 Mar 2011 02:30 AM PST 03/07/11 On Monday, the Western Digital Corporation announced that it will buy Hitachi Global Storage technologies for roughly $4.3 billion in cash and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Dollar Choked By Inflationary Evidence Elsewhere Posted: 07 Mar 2011 07:01 AM PST The dollar remains on its heels once again to start the week as an increasing number of reminders keep popping up on dealers’ radars reminding them of threats to improvements in its fortunes. Confidence among European investors jumped to a three-and-a-half year high. British manufacturers indicate rising input costs will lead them to raise prices while Australian employers sought new labor for a tenth straight month. Given what we understand about the way the Federal Reserve thinks, each event … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Pearson Set To Expand Education Portfolio With EDI Acquisition Posted: 07 Mar 2011 02:55 AM PST Pearson (LON:PSON) , the FTSE 100 media and education group has set out the terms of a recommended cash offer for AIM-quoted education and training qualifications business Education Development (LON:EDD) . The 200p per share offer values EDI at £112.7m and represents a 61% premium to EDI's 124p closing price last Friday. Pearson is best known as the owner of the FT newspaper in the UK but more recently has focused on growing an international education business. The EDI share price jumped by … [visit site to read more] or compare Best Credit Cards and Best CD Rates

ClearStream Technologies Expands International Distribution Network Posted: 07 Mar 2011 01:51 AM PST Clearstream Technologies (LON:CTN) , the AIM quoted supplier of medical devices such as catheters and stents, said this morning that it had recently signed a number of new deals that would significantly enhance its global distribution network. The Irish company has big plans expand in new territories and recently put in place a dedicated Distributor Management Team to crack new markets. The latest agreements have secured access in to Norway, Denmark and Sweden in Scandinavia, Egypt and Iran in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Oil’s March Madness A Boost For Refiners Posted: 06 Mar 2011 10:00 PM PST March Madness is still a few weeks away for college basketball fans but the madness of March is in full swing for the oil sector. Turmoil in the Middle East sent oil prices up more than 6 percent last week. We also happen to be entering a time of year that has historically been good for energy prices and energy equities in recent decades. Going back nearly 30 years, March has been the best month for crude oil. By the end of the month, the price of oil is nearly 4 percent higher on average than … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Investor Sentiment: No Change Posted: 06 Mar 2011 08:08 PM PST Bullish extremes in investor sentiment continue to persist, and company insiders remain lukewarm regarding their own company’s shares.  I believe last week’s variant analysis continues to be correct as waning (but still extreme) bullish sentiment shows that investors are less enthusiastic about the market’s prospects.  In other words, we have seen the extremes in sentiment which means the market is rolling over forming an intermediate term top The “Dumb Money” indicator (see figure … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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