DailyMarkets.com - URS Acquires Apptis Holdings

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• URS Acquires Apptis Holdings
• PPDI Short Of A Penny, Grows Y/Y
• Varian Beats, Maintains View
• Skechers Misses On EPS
• Forex – EUR/USD Down At The End Of European Session
• LOGI Underperforms Quarterly Est.
• Methanex 1Q Surpasses Consensus
• Arris Misses, Outlook Weak
• Swiss Franc: Under Pressure
• Cotton Collapse
• Australian Dollar: Under Pressure
• Canadian Dollar: Key ST Resistance At 99
• Citrix Systems Beats, Ups Guidance
• Word From The Floor: Stocks Off To Mixed Start
• Silver Targets 54.80-55.00 With Breakout And Swing Projections
• Forex – Dollar Lower Vs. Most Rivals As U.S. GDP, Jobs Data Weighs
• Forex – GBP/USD Pares Gains After U.S. Pending Home Sales Jump
• Higher Trading Volumes Lift 1Q Net Profit For NYSE Euronext
• Confirming Yen-Weakness In The EUR/JPY, GBP/JPY And CHF/JPY
• Examining 1st Quarter GDP; Soft Growth And Jump In Claims Reinforces USD Negative Sentiment
• Introducing The ADS Business Conditions Index
• USD/CHF Daily Fundamental Analysis For April 29, 2011
• Forex – EUR/USD Rises From Daily Low After U.S. GDP, Jobs Data
• What Does Bernanke Mean By ‘Transitory’?
• Crude Remains Above $112, Falls From Recent Highs
• FX Headlines: Yen Surges In Overnight As Bank Of Japan Raises Prices Forecast
• International Power Upbeat On Prospects Following GDF Suez Tie-up

URS Acquires Apptis Holdings Posted: 28 Apr 2011 09:35 AM PDT URS Corporation (NYSE:URS) has entered into an agreement to acquire Apptis Holdings Inc., headquartered in Chantilly, Virginia, for approximately $260 million in cash. Apptis' high-end IT services are used by the U.S. Department of Defense, which includes four branches of the military and the Defense Information Systems Agency, and by other federal entities, including the Departments of State, Transportation, Justice, and Homeland Security. The majority stake in Apptis is held by affiliates of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

PPDI Short Of A Penny, Grows Y/Y Posted: 28 Apr 2011 09:35 AM PDT Pharmaceutical Product Development, Inc. (NASDAQ:PPDI) reported first quarter 2011 earnings of 32 cents per share, above the year-ago earnings of 14 cents per share. Earnings growth was driven by higher revenue, improved gross margins and reduced SG&A expenses. Earnings however came a penny below the Zacks Consensus Estimate of 33 cents. Quarterly revenue of $383.2 million was up 10.5% over the prior-year period and also ahead of the Zacks Consensus Estimate of $360 million. Revenue growth … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Varian Beats, Maintains View Posted: 28 Apr 2011 09:35 AM PDT Leading integrated radiotherapy systems maker Varian Medical Systems (NYSE:VAR) reported second-quarter fiscal 2011 (ended March) earnings per share from continuing operations of 86 cents, just beating the Zacks Consensus Estimate of 85 cents and exceeding the corresponding year-ago earnings of 73 cents. Profit climbed 13.2% year over year to $103.1 million, riding on higher sales of oncology systems and X-Ray products. Revenues & Orders Revenues were up 11% year over year (up 9% on a constant … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Skechers Misses On EPS Posted: 28 Apr 2011 09:05 AM PDT Skechers USA Inc. (NYSE:SKX), the designer, marketer and distributor of footwear, recently reported first-quarter 2011 results that missed the Zacks Consensus expectation. The quarterly earnings of 24 cents a share missed the Zacks Consensus Estimate of 30 cents and plunged 79.1% from $1.15 delivered in the prior-year quarter. Skechers, which competes with Deckers Outdoor Corporation (NASDAQ:DECK), stated that total net sales for the quarter dropped 3.4% to $476.2 million from the prior-year quarter, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down At The End Of European Session Posted: 28 Apr 2011 09:00 AM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Thursday after the release of U.S. data on Pending Home Sales.<br/><br/> EUR/USD was trading at 1.4785, down 0.02% at time of writing.<br/><br/> The pair was likely to find support at 1.4494, Tuesday&rsquo;s low, and resistance at 1.4882, today&rsquo;s high.<br/><br/> Earlier in the day, industry data showed that Pending home sales in the U.S. rose unexpectedly to a seasonally adjusted 5.1% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

LOGI Underperforms Quarterly Est. Posted: 28 Apr 2011 08:35 AM PDT Logitech International SA (NASDAQ:LOGI) reported fourth-quarter fiscal 2011 earnings per share of 2 cents, below the Zacks Consensus Estimate of 6 cents and prior-year earnings per share of 14 cents. Earnings per share for fiscal 2011 came in at 72 cents, below the Zacks Consensus Estimate of 76 cents but well above fiscal 2010 earnings per share of 36 cents. Total Revenue Total revenue was $548 million, an increase of 4% year over year and up 3% on a constant currency basis. For fiscal 2011, total … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Methanex 1Q Surpasses Consensus Posted: 28 Apr 2011 08:30 AM PDT Methanex Corporation (NASDAQ:MEOH), the world's largest supplier of methanol, earned $34.6 million or 37 cents in the first quarter of 2011 versus last year's net income of $27.0 million or 29 cents. Earnings were above the Zacks Consensus Estimate of 23 cents. Revenues Quarterly revenues of $619 million outshined the Zacks Consensus Estimate of $569 million and exceeded from year-ago revenues of $466.7 million, led by volume and pricing gains. Total methanol sales volumes excluding commission … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Arris Misses, Outlook Weak Posted: 28 Apr 2011 08:30 AM PDT Yesterday, after the closing bell, Arris Group Inc. (NASDAQ:ARRS) declared its first-quarter 2011 financial results that fell below the Zacks Consensus Estimates. Furthermore, the company's ensuing second-quarter 2011 financial outlook was weak mainly due to higher start-up expenses for newly launched products. As a result, in the after market trade on NASDAQ, stock price of Arris went down by 99 cents (7.62%) to $12.0. EPS GAAP net income in the first quarter of 2011 was $11.9 million or 9 cents … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Swiss Franc: Under Pressure Posted: 28 Apr 2011 08:19 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Cotton Collapse Posted: 28 Apr 2011 08:18 AM PDT Today’s Idea Cotton futures have very few fundamental factors that could support the market. Prices moved higher too dramatically relative to supply and demand fundamentals. Now there is concern that Chinese demand, a major driver of prices, could falter at a time when a large crop hits the supply chain. Technically, the Cotton market appears to be in a freefall – a common characteristic for markets that have previously moved higher in a parabolic fashion. Speculators become too long, and the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Australian Dollar: Under Pressure Posted: 28 Apr 2011 08:17 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Canadian Dollar: Key ST Resistance At 99 Posted: 28 Apr 2011 08:17 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Citrix Systems Beats, Ups Guidance Posted: 28 Apr 2011 08:05 AM PDT Yesterday, after market close,Citrix Systems Inc. (NASDAQ:CTXS) declared excellent financial results for the first quarter of 2011. Global trends toward virtualization and cloud computing are facilitating the company to post impressive results. Management raised its financial forecast for full fiscal 2011. Furthermore, the Board of Directors of Citrix has enhanced its share repurchase program by $500 million. As a result, in the after market trade on NASDAQ, share price of Citrix System was up $4.93 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Word From The Floor: Stocks Off To Mixed Start Posted: 28 Apr 2011 08:05 AM PDT 04/28/11 Wall Street opened mixed, as US GDP and weekly jobless claims missed … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Silver Targets 54.80-55.00 With Breakout And Swing Projections Posted: 28 Apr 2011 08:04 AM PDT Gold Looks for Fresh Highs as Silver Sits Tight (4/27) Silver (XAG/USD) Short-term to Medium-Term - Silver was held above 44.50 after a sharp spike to start the week. There was no follow through with this correction, and the market is showing a bullish wave development. We are likely to be completing wave v, so a correction can be expected, especially with the market testing the 49.50-50.00 resistance zone that previously provided a sharp rejection. - A break above 50 has a couple of targets. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Lower Vs. Most Rivals As U.S. GDP, Jobs Data Weighs Posted: 28 Apr 2011 07:59 AM PDT Forex Pros – The U.S. dollar remained broadly lower against its major counterparts on Thursday, following official data showing that the U.S. economy slowed significantly since the end of 2010 and initial jobless claims jumped unexpectedly last week.<br /><br />During U.S. morning trade, the greenback was down against the euro, with EUR/USD rising 0.25% to hit 1.4823.<br /><br />The U.S. Commerce Department said gross domestic product rose broadly in line with … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Pares Gains After U.S. Pending Home Sales Jump Posted: 28 Apr 2011 07:48 AM PDT Forex Pros – The pound pared gains against the U.S. dollar on Thursday, following a industry report showing that pending home sales in the U.S. rose significantly more-than-expected in March.<br /><br />GBP/USD retreated from 1.6745, the pair&rsquo;s highest since November 19, 2009, to hit 1.6644 during U.S. morning trade, up 0.11% on the day.<br /><br />Cable was likely to find support at 1.6434, Wednesday&rsquo;s low and resistance at 1.6743, the days … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Higher Trading Volumes Lift 1Q Net Profit For NYSE Euronext Posted: 28 Apr 2011 02:45 AM PDT 04/28/11 Exchange operator NYSE Euronext reported a 19% rise in 1Q net profit on higher trading … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Confirming Yen-Weakness In The EUR/JPY, GBP/JPY And CHF/JPY Posted: 28 Apr 2011 07:40 AM PDT The Japanese yen regained some strength in April, after the G7 intervention in mid-March softened the currency. Since mid-April, the Yen has struggled to hold on to its gains, and we are seeing some weakness currently across the board. Let's take a look at the EUR/JPY, GBP/JPY, and CHF/JPY as they break out of consolidation patterns and attempt to confirm further yen-weakness. EUR/JPY - The EUR/JPY broke above a declining channel, and can be starting a bullish continuation. - The ability to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Examining 1st Quarter GDP; Soft Growth And Jump In Claims Reinforces USD Negative Sentiment Posted: 28 Apr 2011 07:38 AM PDT The first (advance) release of US 1st quarter GDP showed the annualized rate at 1.8%, which for the most part matched economists forecasts. That's about a 0.45% quarter-on-quarter rate, which is lower than what we saw from even the United Kingdom, which grew 0.5% q/q. var div = jQuery(“”).css({ width: 670, height: 300 }) .insertAfter(‘:last’) .indicatorChart({ ‘indicator’: ’97′, ‘country’: ‘USA’ }); Let's do a break down of the report: "Real personal … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Introducing The ADS Business Conditions Index Posted: 28 Apr 2011 07:35 AM PDT Every time I think I’m aware of all of the economic indicators available, I find a new one.  This time it’s the Philadelphia Federal Reserve’s Aruoba-Diebold-Scotti Business Conditions Index, which was featured in this WSJ article on Tuesday: “This index, which we will henceforth refer to as the ADS, takes in a variety of economic data, mashes it all together and comes out with an up-to-the-minute reading on the economy at least once a week. It saves common investors like us a lot of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Daily Fundamental Analysis For April 29, 2011 Posted: 28 Apr 2011 07:27 AM PDT By ForexMansion.com The Swiss economy will release KOF Swiss leading indicator at 09:30 GMT which is expected to retreat to 2.20 from 2.24, where a drop in the indicator as expected may push the pair up. Thereafter, attention will be directed to a wave of US data including personal spending and income for March at 12:30 GMT, Chicago purchasing manager for March at 13:45 GMT and University of Michigan confidence for April at 13:55 GMT.   Still, the outlook for the pair is to the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Rises From Daily Low After U.S. GDP, Jobs Data Posted: 28 Apr 2011 07:19 AM PDT Forex Pros – The euro eased off a daily low against the U.S. dollar on Thursday, after U.S. government data showed that showed that the U.S. economy slowed significantly since the end of 2010 and initial jobless claims jumped unexpectedly last week.<br /><br />EUR/USD clawed back up from 1.4769, the daily low, to hit 1.4834 during U.S. morning trade, gaining 0.31%.<br /><br />The pair was likely to find support at 1.4631, Wednesday&rsquo;s low and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

What Does Bernanke Mean By ‘Transitory’? Posted: 28 Apr 2011 07:05 AM PDT I encourage you to read this piece in its entirety. It is not overly long and we have a little fun at the end. Thanks. LD Transitory. I am now regularly hearing the use of this singular term by our chief central banker, economic pundits, media mavens, and assorted other public officials. Transitory? What does it really mean? Yesterday, the Federal Reserve utilized this term in the Fed's official release: Increases in the prices of energy and other commodities have pushed up inflation in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards This posting includes an audio/video/photo media file: Download Now

Crude Remains Above $112, Falls From Recent Highs Posted: 28 Apr 2011 01:45 AM PDT 04/28/11 With a weaker US dollar clashing with yesterdays surprising rise in inventories, front month crude prices have remained steady this morning after falling from early … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

FX Headlines: Yen Surges In Overnight As Bank Of Japan Raises Prices Forecast Posted: 28 Apr 2011 06:31 AM PDT The Japanese Yen was the strongest currency in the overnight as the Bank of Japan raised its forecast for consumer prices from 0.3 percent to 0.7 percent for the fiscal year of 2011. Japan is still in a deflationary state, but it appears that recent efforts to prop up the economy via liquidity injections by the central bank have helped temper deflationary effects, and rising prices could be reflected in the Pacific Rim nation's consumer price index reading sooner rather than later. 5-year … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

International Power Upbeat On Prospects Following GDF Suez Tie-up Posted: 28 Apr 2011 01:53 AM PDT International Power (LON:IPR), the FTSE 100 electricity generation group, said today that trading in the first four months of 2011 had been in line with expectations and that it was on course to grow this year. In February, the group completed a tie-up with French multi-national GDF Suez in which the two sides combined their Energy International Business Areas outside Europe and certain assets in the UK and Turkey. Reporting on the pro forma performance of the combined business, International … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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