Wednesday, April 20, 2011

DailyMarkets.com - Forex – EUR/USD Down In Asian Trade

DailyMarkets.com - Forex – EUR/USD Down In Asian Trade

Forex – EUR/USD Down In Asian Trade

Posted: 20 Apr 2011 05:05 PM PDT

Forex Pros – The Euro was lower against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4522, down 0.001% at time of writing.<br/><br/> The pair was likely to find support at 1.4157, Monday&rsquo;s low, and resistance at 1.4547, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.05% to hit 0.8854 and EUR/JPY falling 0.23% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CPKF: Strong First Quarter; Target Price And Estimates Under Review

Posted: 20 Apr 2011 04:35 PM PDT

Ann Heffron, CFA
CPKF: Strong First Quarter; Target Price and Estimates under Review

CPKF reported a strong first quarter, with diluted EPS rising 34.5% to $0.47 from $0.35, a penny short of our first quarter estimate of  $0.48. (All per share data in this report have been adjusted for a 6-for-5 stock split that took place earlier this month.)

This occurred despite a 144% year-over-year increase in the loan loss provision to $0.6 million as CPKF strengthened loan loss reserves and was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down During Asian Trade

Posted: 20 Apr 2011 04:15 PM PDT

Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Wednesday.<br/><br/> USD/JPY was trading at 82.50, down 0.07% at time of writing.<br/><br/> The pair was likely to find support at 82.19, Monday&rsquo;s low, and resistance at 83.76, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.10% to hit 1.4508 and GBP/USD falling 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AES Corp. To Acquire DPL

Posted: 20 Apr 2011 04:05 PM PDT

The AES Corporation (NYSE:AES) entered into a definitive merger agreement with DPL Inc. (NYSE:DPL). Per the agreement AES will acquire DPL in a transaction valued at $4.7 billion for the enterprise. AES will acquire all of the outstanding shares of DPL for approximately $3.5 billion in cash, or $30 per share, representing an 8.7% premium over DPL's closing share price on April 19, 2011.
This represents a premium of 10.7% over the 30 day average of DPL's closing price. Upon closing of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Amazon To Launch Library Lending For Kindle

Posted: 20 Apr 2011 03:55 PM PDT

04/20/11 Amazon will launch a lending library for electronic books, for the Kindle … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Boeing Chooses Pratt & Whitney

Posted: 20 Apr 2011 03:35 PM PDT

The Boeing Company (NYSE:BA) has selected Pratt & Whitney Rocketdyne, a United Technologies Corporation (NYSE:UTX) company, for augmenting the design of the Service Module and integrated Launch Abort propulsion system of the Crew Space Transportation-100 spacecraft.
The propulsion system is a critical element for a safe, efficient and reliable commercial crew transportation system meant for flying at low orbits.
Pratt & Whitney Rocketdyne will leverage its Attitude Control Propulsion System … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Down In Asian Trade

Posted: 20 Apr 2011 03:35 PM PDT

Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Wednesday.<br/><br/> NZD/USD was trading at 0.7962, down 0.21% at time of writing.<br/><br/> The pair was likely to find support at 0.7822, Tuesday&rsquo;s low, and resistance at 0.8008, today&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was up against the Australian Dollar and down against the Euro, with AUD/NZD shedding 0.05% to hit 1.3422 and EUR/NZD rising … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Day Ahead: Earnings – Advanced Micro, Capital One, DuPont, GE, McDonald’s, Morgan Stanley, Travelers, Verizon; US Weekly Jobless Claims, Philadelphia Fed Survey, Leading Indicators

Posted: 20 Apr 2011 10:20 AM PDT

04/20/11 The stories, data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Analyst Interviews: Semiconductor Industry Outlook

Posted: 20 Apr 2011 03:10 PM PDT

The Semiconductor Industry serves as a driver, enabler and indicator of technological progress. Developments in the industry determine the way we work, transport ourselves, communicate, entertain ourselves and respond to our environment. The PCs we work on, the cars we drive, the phones we communicate with, the electronic gadgets on which we watch movies, listen to music and play games on, and the planes and weapons used to transport or protect us use semiconductor devices.

As environmental … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Tyson Suffers OSHA Fines

Posted: 20 Apr 2011 03:10 PM PDT

The meat-packing plant of Tyson Foods Inc. (NYSE:TSN) at Lexington, NE has been fined a sum of $66,000 against eight charges brought on by The Occupational Safety and Health Administration ("OSHA"). The federal agency has accused Tyson of exposing its workers to heath hazards in their workplace. The management failed to cover an electrical fitting and there were deficiencies in the refrigeration systems as well.
Following these violations inspections were initiated in January under programs … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ABB Expands Further In India

Posted: 20 Apr 2011 03:05 PM PDT

ABB Ltd. (NYSE:ABB) entered into a contract with the Gujarat State Electricity Company Limited (GSECL) of India to renovate and modernize the control systems of Wanakbori thermal power plant. The plant has a capacity of 1,260 megawatt (MW) and is located in the western region of the state of Gujarat. The value of the contract is $18 million and was booked in the first quarter.
The plant will be utilizing ABB's well organized SymphonyTM distributed control system (DCS). ABB will be deploying its … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Silgan Poised At Neutral

Posted: 20 Apr 2011 03:05 PM PDT

We reiterate our Neutral recommendation on Silgan Holdings Inc. (NASDAQ:SLGN), a leading manufacturer of consumer goods packaging products, operating 68 manufacturing facilities in North and South America, Europe and Asia. Silgan's fourth quarter and fiscal EPS topped the Zacks Consensus Estimates while revenues for both the periods fell short of the Zacks Consensus Estimates.
Silgan has increased its overall share in the U.S. metal food container market from approximately 10% in 1987 to the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Northrop’s Defense Orders Grow

Posted: 20 Apr 2011 03:05 PM PDT

Defense contractor, Northrop Grumman Corporation (NYSE:NOC) continues to grow its order book receiving contracts from the U.S. Army as well as the Air Force. Both the contracts will run for five years.
Yesterday, the U.S. Army showered a $77.9 million contract on Northrop to support its Air and Missile Defense Workstation (AMDWS) development. The company also signed a $99 million deal with the U.S. Air Force to perform base security operations and support services at overseas U.S. air bases.
Under … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Omega Bumps Dividend A Penny

Posted: 20 Apr 2011 02:35 PM PDT

Omega Healthcare Investors Inc. (NYSE:OHI) a real estate investment trust recently announced its decision to hike its quarterly dividend by a penny to 38 cents. The increased dividend will be paid on May 16, 2011 to shareholders of record on April 29, 2011. The dividend yield is 6.36% as of April 15, 2011.
In October 2010, Omega Healthcare increased its quarterly dividend from 36 cents per share to 37 cents per share which was paid on January 31 2011.
Net cash flow from financing activities was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Neutral Kept On Cognizant

Posted: 20 Apr 2011 02:25 PM PDT

We recently reiterated our Neutral recommendation on Cognizant Technology Solutions Corporation (NASDAQ:CTSH).
Cognizant, which competes with peers like Infosys Technologies Limited (NASDAQ:INFY) and Wipro (NYSE:WIT), is well positioned in the offshore market and continues to benefit from the secular trend toward offshore outsourcing.
Growth of traditional outsourcing continues to advance across IT business process and infrastructure, as clients continue to look for cost savings in order to fund growth and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

General Dynamics Wins New Order

Posted: 20 Apr 2011 02:25 PM PDT

The ordnance unit of General Dynamics Corporation (NYSE:GD) has won a $32.5 million contract from the U.S. Army Contracting Command in Rock Island, Illinois, to supply 30mm ammunitions used extensively by the U.S. Air Force in Iraq and Afghanistan.
Under the contract, the unit of General Dynamics, General Dynamics Ordnance and Tactical Systems, will supply two types of cartridges, including the new PGU-13 D/B cartridges and the remanufacture of existing U.S. Air Force inventory of PGU-13 HEI … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Altria Reports In Line

Posted: 20 Apr 2011 02:25 PM PDT

Altria Group Inc. (NYSE:MO), the manufacturer and seller of cigarettes, wine and other tobacco products, reported results for the first quarter of fiscal 2011.
Virginia-based Altria posted adjusted earnings of 44 cents a share in the quarter, which was up 4.8% compared with the prior-year quarter and was in line with the Zacks Consensus Estimate. The quarter benefited from strong income across its tobacco businesses, lower asset impairment and exit costs, and higher operating companies income … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Apple Beats EPS By Almost 20%

Posted: 20 Apr 2011 02:25 PM PDT

Earnings homerun slugger Apple Inc. (NASDAQ:AAPL) went yard once again when it announced earnings results for 2nd quarter 2011 Wednesday after the bell. Earnings of $6.40 per share beat the Zacks Consensus Estimate of $5.35 by 19.6%. Quarterly revenues of $24.67 billion easily topped expectations of $23.1 billion.

The after-market cheered the results and sent AAPL shares up nearly $9 after the closing bell, for a gain of over 2.5%. This followed a more tempered 1.35% gain during normal trading … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Head And Shoulders

Posted: 20 Apr 2011 02:17 PM PDT

Cusick’s Corner
The markets into the afternoon could not muster much of a push after today’s impressive open. The S&P did chop along in a tight range, this is notable because I do not want to see a market that makes a move and then starts to look over its shoulders. I use the term shoulders because in the S&P there is an interesting pattern in the making, head and shoulders, with the right shoulder in the making, head established in March, and the left shoulder formed in Feb lows. This … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Dover Corp

Posted: 20 Apr 2011 02:07 PM PDT

Dover Corp. (NYSE:DOV) is slated to release its fiscal first quarter 2011 results on Thursday, April 21, 2011. The current Zacks Consensus Estimate is 90 cents for the first quarter fiscal 2011, implying a year-over-year growth of 38.6%.
Over the trailing four quarters, Dover outperformed the Zacks Consensus Estimate for four straight quarters. The average earnings surprise was 16.9%, implying that the company has outperformed the Zacks Consensus Estimate by the same magnitude over the last four … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Principal To Buy Finisterre Capital

Posted: 20 Apr 2011 02:07 PM PDT

Principal Global Investors, LLC, the investment arm of  Principal Financial Group (NYSE:PFG) agreed to acquire majority stake in Finisterre Capital LLP, and Finisterre Holdings Limited. Principal will acquire a 51% stake by making an initial payment of $85 million. The transaction is expected to close in the third quarter, subject to regulatory approval.
Based in London, Finisterre Capital is an emerging markets fixed income specialist delivering risk-controlled, total return investment … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Closing Bell Market Monitor:

Posted: 20 Apr 2011 02:00 PM PDT

04/20/11 The latest in news, commentary, and information on what’s moving the US equities … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up At The End Of U.S. Session

Posted: 20 Apr 2011 01:55 PM PDT

Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4522, up 1.32% at time of writing.<br/><br/> The pair was likely to find support at 1.4157, Monday&rsquo;s low, and resistance at 1.4547, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.74% to hit 0.8851 and EUR/JPY rising 1.25% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down Toward The End Of U.S. Session

Posted: 20 Apr 2011 01:40 PM PDT

Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Wednesday.<br/><br/> USD/JPY was trading at 82.45, down 0.17% at time of writing.<br/><br/> The pair was likely to find support at 82.19, Monday&rsquo;s low, and resistance at 83.76, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 1.30% to hit 1.4521 and GBP/USD rising 0.57% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Kroger Is Neutral

Posted: 20 Apr 2011 01:36 PM PDT

A dominant position among the nation's largest grocery retailers enables The Kroger Company (NYSE:KR) to sustain growth in its top line, expand its store base and boost its market share. The company's strong corporate and national brands have helped gain customers' loyalty.
Kroger's customer-centric business model provides a strong value proposition to consumers and positions it well to deliver higher earnings, primarily through strong identical supermarket sales growth (sans fuel). … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gap Unites Int’l Businesses

Posted: 20 Apr 2011 01:36 PM PDT

Leading global specialty retailer, The Gap Inc. (GPS), in a drive to boost its international operations, seeks to consolidate its foreign business under one division from London. The rationalized division will be headed by Stephen Sunnucks, who will be responsible for all company-operated and franchised stores across Europe, the Middle East, North Africa, Asia Pacific and South America.
Gap currently operates with 530 stores in 30 countries outside of North America, including 140 franchised … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up Toward The End Of U.S. Session

Posted: 20 Apr 2011 01:25 PM PDT

Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4519, up 1.29% at time of writing.<br/><br/> The pair was likely to find support at 1.4157, Monday&rsquo;s low, and resistance at 1.4547, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.74% to hit 0.8851 and EUR/JPY rising 1.05% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Markets Close Higher; Dow Jones Up 1.52%

Posted: 20 Apr 2011 01:10 PM PDT

Forex Pros – U.S. stocks were up after the closing bell on Wednesday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average rose 1.52%, the S&P 500 index gained 1.35%, while the Nasdaq 100 index climbed 2.21%.<br/><br/> Meanwhile, across the Atlantic, European stock markets closed higher. France&rsquo;s CAC 40 was up 2.46%; Germany&rsquo;s DAX gained 2.98%; Britain&rsquo;s FTSE 100 climbed 2.13%; and the EURO STOXX 50 rose … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Honeywell: Auto Solutions For China

Posted: 20 Apr 2011 01:06 PM PDT

Honeywell International Inc (NYSE:HON) is developing turbos specifically suited for Chinese vehicles, as the local sales of turbocharged light vehicles are expected to register a growth of more than 20% in 2011 compared to 2010, up to 2.3 million units, driven by strong adoption of turbocharger technology across all vehicle segments and car manufacturers.
Turbocharger technology allows car manufacturers to provide 20%-40% more fuel efficiency, improved quality of emissions to meet stringent … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Entergy Forecasts A Robust 1Q

Posted: 20 Apr 2011 12:55 PM PDT

Entergy Corporation (NYSE:ETR) announced that it expects pro forma and GAAP EPS of $1.37 in the first quarter of 2011. It affirmed its fiscal 2011 EPS guidance in the range of $6.35 to $6.85.
Entergy had reported pro forma and GAAP EPS of $1.33 and $1.12, respectively, in the first quarter of 2010. The expected 3.0% improvement in pro forma EPS in the quarter under review reflects higher earnings at the Utility partially offset by lower operational results at Entergy Wholesale Commodities (EWC) … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

WPP To Acquire Commarco GmbH

Posted: 20 Apr 2011 12:55 PM PDT

Advertising titan WPP plc. (NASDAQ:WPPGY) recently announced that it has agreed to acquire one of the leading German-based marketing services network, Commarco GmbH. WPPGY will be acquiring the entire issued capital of Commarco, subject to regulatory approvals.
Commarco GmbH was founded in 1981 and is based in Hamburg, Germany. The company employs over 1,200 people throughout Germany, Switzerland and other selected international markets. It reported gross revenue of approximately €132.9 million … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up During The U.S. Session

Posted: 20 Apr 2011 12:45 PM PDT

Forex Pros – The British Pound was higher against the U.S. Dollar on Wednesday.<br/><br/> GBP/USD was trading at 1.6400, up 0.52% at time of writing.<br/><br/> The pair was likely to find support at 1.6166, Monday&rsquo;s low, and resistance at 1.6426, today&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.68% to hit 0.8846 and GBP/JPY rising 0.31% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

DST Systems Posts Decent 1Q

Posted: 20 Apr 2011 12:35 PM PDT

DST Systems Inc. (NYSE:DST) posted decent first quarter 2011 earnings per share (EPS) of $1.08, beating the Zacks Consensus Estimate of $1.05.
The quarter's EPS excludes a contract termination gain net of related expenses, termination benefit expenses related to a reduction in the workforce, net gain on securities and other investments as well as net gain on the disposal of securities.
Revenue
Total revenue in the first quarter was $591.7 million, up 4.4% from $566.7 million in the year-ago … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Quest Diagnostics

Posted: 20 Apr 2011 12:35 PM PDT

Quest Diagnostics (NYSE:DGX) is scheduled to release its first quarter fiscal 2011 results on Wednesday, April 20, 2011 before the market opens. The company is expected to earn 99 cents during the quarter on $1,806 million in revenues, according to the Zacks Consensus Estimate.
Previous Quarter Highlights
Quest reported an EPS of 97 cents during the fourth quarter of fiscal 2010, surpassing the Zacks Consensus Estimate of 91 cents although unchanged from the year-ago quarter. Earnings during the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ProLogis Misses By A Whisker

Posted: 20 Apr 2011 12:35 PM PDT

ProLogis (NYSE:PLD), one of the leading global providers of distribution facilities, reported first quarter 2011 recurring fund from operations (FFO) of 13 cents per share compared with 11 cents in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of real estate investment trusts (REITs), is obtained after adding depreciation and other non-cash expenses to net income. The first quarter 2011 recurring FFO missed the Zacks Consensus Estimate by 2 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Growthflation

Posted: 20 Apr 2011 12:18 PM PDT

Cusick’s Corner
RISK ON — trading in a growthflationary (growth & inflationary atmosphere) market is really on! This market clearly had more pent up demand than expected. The headlines in the last two sessions were what most market watchers thought would bring this rally to its knees but then in rode earnings, thanks INTC, and positive EU debt auctions in Portugal and Spain (THE P & S in PIIGS), where the Spanish auction was the more impressive. This was more than enough a catalyst to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

New Sessions Added And Current Schedule For June Dallas Traders Expo

Posted: 20 Apr 2011 12:16 PM PDT

It really is coming up faster than it seems and will be here before you know it!
I wanted to post a reminder to go ahead and register for the upcoming Dallas Traders Expo in June (15th to 18th) this year in Dallas.

Here's just a small list of some of the free presentations/classroom sessions you'll be able to attend at the show:
Two presentations from "Gap-Guy" Scott Andrews:
"Trading the Gap Using Historical Probabilities"
"Stop Guessing!  Focusing on the Top Gap Trading … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

04/20 FX Options Report

Posted: 20 Apr 2011 12:15 PM PDT

The USD and JPY traded lower against the majors, as risk appetite returned. The major US stock averages rallied in midweek … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EMC Reports Mixed 1Q

Posted: 20 Apr 2011 12:10 PM PDT

EMC Corp. (EMC) reported first quarter 2011 adjusted earnings per share (EPS) of 24 cents, up 20.0% from 20 cents posted in the first quarter of 2010.
However, earnings per share (including stock-based compensation but excluding restructuring charges and intangible asset amortization) missed the Zacks Consensus Estimate by a penny.
Operational Performance
Earnings (excluding stock based compensation, restructuring charges and intangible asset amortization) were 31 cents per share, up 19.2% year … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Well-Being Count Unchanged

Posted: 20 Apr 2011 12:10 PM PDT

Healthways (NASDAQ:HWAY) and Gallup recently announced the results of the Gallup-Healthways Monthly U.S. Well-Being Report for March 2011. The component indices for the Gallup-Healthways Well-Being Index ("WBI") were, on the whole, level with the sequentially prior month. In addition, the overarching Well-Being Index composite measure remained low at 66.3.
Among the components of the WBI, the Work Environment Index ("WEI") gained a miniscule point from the all-time low of 45.4 recorded in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In U.S. Trade

Posted: 20 Apr 2011 12:10 PM PDT

Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Wednesday.<br/><br/> USD/CAD was trading at 0.9544, down 0.16% at time of writing.<br/><br/> The pair was likely to find support at 0.9498, today&rsquo;s low, and resistance at 0.9722, Monday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 1.22% to hit 1.4510 and GBP/USD rising 0.54% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Nokia

Posted: 20 Apr 2011 12:05 PM PDT

Nokia Corporation (NYSE:NOK), the world's largest mobile phone maker, is slated to release its first quarter 2010 results on Thursday, April 21, before the opening bell. The current Zacks Consensus Estimate for the fourth quarter is pegged at 13 cents, representing an annualized growth of -30.62%.
With respect to earnings surprises over the trailing four quarters, Nokia has outperformed the Zacks Consensus Estimate in all three quarters except one quarter where the earnings per share (EPS) … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Whirlpool Hikes Shareholder Value

Posted: 20 Apr 2011 12:05 PM PDT

The board of directors of Whirlpool Corp. (NYSE:WHR) is set to increase the quarterly dividend on its common stock to 50 cents per share from 43 cents per share, reflecting a hike of 16.3%. The increased dividend is payable on June 15, 2011, to stockholders of record as of May 20, 2011. It will result in a dividend yield of 0.59% based on the share price of April 18, 2011.
This is the company's first dividend increase in the past 7 years. Previously, Whirlpool hiked its dividend from 34 cents … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Huntington Bancshares Beats Ests.

Posted: 20 Apr 2011 12:05 PM PDT

Huntington Bancshares Inc.(NASDAQ:HBAN) reported first quarter 2011 earnings of 15 cents, beating the Zacks Consensus Estimate of 12 cents.
However, after including a one-time addition to litigation reserves, Huntington reported a profit of $126.4 million or 14 cents per share. This compares favorably with $122.9 million or 5 cents per share earned in the prior quarter and $39.7 million or 1 cent per share in the year-ago quarter.
Huntington's better-than-expected results reflected a significant … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Air Products’ Energy Project Deal

Posted: 20 Apr 2011 12:05 PM PDT

Air Products & Chemicals Inc. (NYSE:APD) announced that it has signed an agreement with Indonesia based JGC Corporation to supply its proprietary propane pre-cooled mixed refrigerant process and MCR main heat exchanger  to LNG project in Luwuk, Central Sulawesi, Indonesia.
The Donggi-Senoro LNG project is a joint venture between Indonesia’s state-owned oil and gas company, Pertamina, and other companies including Mitsubishi Corporation, Korea Gas Corporation and PT Medco Energi … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up In U.S. Trading Hours

Posted: 20 Apr 2011 11:45 AM PDT

Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4514, up 1.26% at time of writing.<br/><br/> The pair was likely to find support at 1.4157, Monday&rsquo;s low, and resistance at 1.4547, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.75% to hit 0.8852 and EUR/JPY rising 1.06% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USDJPY Bias Remains Bearish

Posted: 20 Apr 2011 11:17 AM PDT

The USDJPY has moved above but then back below the 100 day MA at the 82.67 level. Since the fall below the 82.67 level, the price has not been able to extend back above that level.  This is a clue.
The price correction off the low has stayed below the 100 bar MA on the 5 minute chart and apart from a quick 5 to 10 minute period, the price has also remained below the 38.2% of the move down from the high today.  The combination, keeps the pair more bearish than bullish.
What is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Signals Bearish Continuation After Testing 0.8990

Posted: 20 Apr 2011 10:29 AM PDT

USD/CHF's Rounded Bottom and Wave Count; Key Resistance at 0.8990 (4/18)
USD/CHF
Short-Term to Medium Term- The USD/CHF was knocking on the 0.8990 resistance and cracked it. However, it was not able to break through and a rejection at 0.90 pushed the pair down sharply.
- The RSI in the 4H chart remained below 60, reaching back towards 30, a bearish continuation sign. The structure of the market suggests we should have one more corrective rally before a stronger bearish swing to start another … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Alan Booth And The Future For EnCore Oil Plc

Posted: 20 Apr 2011 08:57 AM PDT

Ask Alan Booth what it takes to make a successful North Sea oil and gas exploration company and he'll tell you about drilling wells and making your own luck. For the chief executive of EnCore Oil (LON:EO.), having done it all before means he and his team have nothing to prove but a great deal to gain just by sticking to a tried and tested strategy. Discovery, development, moving on. Add to that some of the brightest geological, finance and strategic minds devoted almost entirely to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
at

No comments:

Post a Comment