DailyMarkets.com - BJ’s Delivers Healthy Sales
DailyMarkets.com - BJ’s Delivers Healthy Sales |
- BJ’s Delivers Healthy Sales
- EOG Delivers An Impressive 1Q
- USD/CAD Maintains Bullish Momentum And Remains In Rising Channel
- Forex – EUR/USD Down At The End Of European Session
- Forex – USD/JPY Up Toward The End Of European Session
- FTI Consulting Delivers Mixed 1Q
- Cincinnati Bell Beats Consensus
- Sunoco In The Red
- Forex – GBP/USD Up Toward The End Of European Session
- Swiss Franc: Under Pressure
- Australian Dollar: The Downside Prevails
- Canadian Dollar: Key ST Resistance At 98
- Japanese Yen: Under Pressure
- British Pound: The Downside Prevails
- Euro: Capped By A Negative Trend Line
- Dealers Take Payroll Data With A Pinch Of Salt
- LAMR Losses Shrink, 1Q Beats Estimate
- Word From The Floor: Wall Street Rallies On Jobs Reports
- Forex – EUR/USD Down During The European Session
- Gold And Silver Paring Losses This Friday
- Why Washington Should Pay Attention To The Economy Here And Now
- LUK’s 1Q Slips On Higher Taxes
- GM Scores Highest In 11 Years
- Forex – GBP/JPY Up In European Trading Hours
- Titanium Metals Beats Consensus
- Ocwen Outpaces Estimates
- Following NFP Which Factor Wins Out – Risk Appetite Or US Rate Expectations?
- Amazon Is Helping To Pop The College Textbook Bubble And College Bookstores Are Not Happy
- Oil Slides On Economic Growth Concerns
- Morning News Notes: 5.6.11
- Sarantel Sales Back On Track But New Fundraising Looks Imminent
| Posted: 06 May 2011 09:02 AM PDT BJ's Wholesale Club Inc. (NYSE:BJ), a leading warehouse club operator in the United States, recently posted healthy sales results for the four-week period ended April 30, 2011.
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| Posted: 06 May 2011 09:02 AM PDT EOG Resources Inc. (NYSE:EOG), a major independent oil and gas exploration and production company, reported better-than-expected adjusted first-quarter 2011 results on the back of 14% production growth as well as higher commodity prices. Quarterly earnings of 68 cents per share topped the Zacks Consensus Estimate of 54 cents and showed an improvement from 46 cents earned in the year-earlier quarter.
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| USD/CAD Maintains Bullish Momentum And Remains In Rising Channel Posted: 06 May 2011 09:02 AM PDT USD/CAD Tests Bearish Momentum after 50% Retracement (5/5) Short-Term to Medium Term- The USD/CAD has so far completed a 3-wave correction to the rally since 0.9450.
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| Forex – EUR/USD Down At The End Of European Session Posted: 06 May 2011 09:00 AM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> EUR/USD was trading at 1.4493, down 0.28% at time of writing.<br/><br/> The pair was likely to find support at 1.4458, today’s low, and resistance at 1.4940, Wednesday’s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 244K last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/JPY Up Toward The End Of European Session Posted: 06 May 2011 08:40 AM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Friday.<br/><br/> USD/JPY was trading at 80.51, up 0.55% at time of writing.<br/><br/> The pair was likely to find support at 79.57, Thursday’s low, and resistance at 81.69, Monday’s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.26% to hit 1.4494 and GBP/USD rising 0.19% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| FTI Consulting Delivers Mixed 1Q Posted: 06 May 2011 08:32 AM PDT FTI Consulting Inc.'s (NYSE:FCN) first quarter 2011 adjusted earnings of 48 cents per share were in line the Zacks Consensus Estimate but deteriorated from the year-ago performance of 67 cents. Earnings were lower than expected due to a host of factors like LECG Corporation acquisition-related cost, lower adjusted segment EBITDA in the corporate finance/restructuring segment as well as some incremental investments in headcount in other segments.
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| Cincinnati Bell Beats Consensus Posted: 06 May 2011 08:32 AM PDT Cincinnati Bell (NYSE:CBB) reported first quarter 2011 adjusted earnings of 8 cents per share, ahead of the Zacks Consensus Estimate of 6 cents but well below 12 cents earned in the year-ago quarter.
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| Posted: 06 May 2011 08:32 AM PDT Oil refiner and marketer Sunoco Inc. (SUN) reported a dull first quarter, weighed down by inflationary market conditions coupled with operational disturbance at two refineries.
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| Forex – GBP/USD Up Toward The End Of European Session Posted: 06 May 2011 08:25 AM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> GBP/USD was trading at 1.6426, up 0.25% at time of writing.<br/><br/> The pair was likely to find support at 1.6355, today’s low, and resistance at 1.6739, Monday’s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 244K … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 06 May 2011 08:20 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Australian Dollar: The Downside Prevails Posted: 06 May 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
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| Canadian Dollar: Key ST Resistance At 98 Posted: 06 May 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
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| Posted: 06 May 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
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| British Pound: The Downside Prevails Posted: 06 May 2011 08:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Euro: Capped By A Negative Trend Line Posted: 06 May 2011 08:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Dealers Take Payroll Data With A Pinch Of Salt Posted: 06 May 2011 08:16 AM PDT Dealers sold treasury notes following the largest payroll gain by U.S. employers since May, and the biggest private-sector gain since February 2006. Yields rose, but hardly enough to justify the headline number. Investors were either skeptical of the data or perhaps simply less willing to sell bonds at the end of a week in which rising risk aversion was given an official seal of approval by a hammering for commodity prices.
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| LAMR Losses Shrink, 1Q Beats Estimate Posted: 06 May 2011 08:02 AM PDT Lamar Advertising Company (NASDAQ:LAMR) reported its financial results for the first quarter of the fiscal year 2011 on May 4. Earnings per share in the quarter were a loss of 14 cents, an improvement over a loss of 27 cents reported in the first quarter of 2010 and the Zacks Consensus Estimate of 20 cents.
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| Word From The Floor: Wall Street Rallies On Jobs Reports Posted: 06 May 2011 08:01 AM PDT 05/06/11 US stocks soared following a better-than-expected employment report. April NFP gained by 244K … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/USD Down During The European Session Posted: 06 May 2011 08:00 AM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Friday after the release of U.S. data on Unemployment Rate.<br/><br/> EUR/USD was trading at 1.4509, down 0.17% at time of writing.<br/><br/> The pair was likely to find support at 1.4460, today’s low, and resistance at 1.4940, Wednesday’s high.<br/><br/> Earlier in the day, official data showed that the U.S. unemployment rate rose unexpectedly to a seasonally adjusted 9.0% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Gold And Silver Paring Losses This Friday Posted: 06 May 2011 07:49 AM PDT Gold Challenging its 2011 Bullish Momentum and Rising Channel (5/5) Short-Term to Medium Term- Gold is consolidating after a sharp decline at a rising channel support seen in the 4H chart. The medium term bullish momentum is tested, as the RSI in the daily chart tests the 40 reading.
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| Why Washington Should Pay Attention To The Economy Here And Now Posted: 06 May 2011 07:44 AM PDT After a week of non-stop Osama Bin Laden, Washington is now returning to the battle of the budget deficit and debt ceiling.
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| LUK’s 1Q Slips On Higher Taxes Posted: 06 May 2011 07:42 AM PDT Leucadia National Corporation (NYSE:LUK) reported its financial results for the first quarter on May 5. In the first quarter, the company generated its net income from continuing operations of 5 cents per share, down compared with 80 cents per share earnings in the year-ago quarter, due primarily to higher taxes in the quarter. Results were also below the Zacks Consensus Estimate of 45 cents.
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| Posted: 06 May 2011 07:42 AM PDT General Motors Co. (NYSE:GM) earned a profit of $3.2 billion or $1.77 per share in the first quarter of 2011 that increased more than threefold from $865 million or 55 cents per share a year ago. However, more than half of the profits have been contributed by one-time gain from sales of the company's ownership interest in Delphi Automotive LLP ($1.6 billion) and Ally Financial Inc. ($300 million).
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| Forex – GBP/JPY Up In European Trading Hours Posted: 06 May 2011 07:40 AM PDT Forex Pros – The British Pound was higher against the Japanese Yen on Friday.<br/><br/> GBP/JPY was trading at 132.55, up 0.99% at time of writing.<br/><br/> The pair was likely to find support at 130.92, Thursday’s low, and resistance at 136.12, Monday’s high.<br/><br/> Meanwhile, the British Pound was up against the U.S. Dollar and the Euro, with GBP/USD gaining 0.37% to hit 1.6446 and EUR/GBP falling 0.39% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Titanium Metals Beats Consensus Posted: 06 May 2011 07:32 AM PDT Titanium Metals Corporation (TIE) reported net earnings of $28.9 million or 16 cents per share in the first quarter of 2011 surpassing the Zacks Consensus Estimate of 14 cents and increasing from the prior-year earnings of $16.7 million or 9 cents per share.
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| Posted: 06 May 2011 07:32 AM PDT Ocwen Financial Corporation (NYSE:OCN) reported first quarter 2011 earnings of 27 cents per share, beating the Zacks Consensus Estimate by 2 cents.
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| Following NFP Which Factor Wins Out – Risk Appetite Or US Rate Expectations? Posted: 06 May 2011 07:30 AM PDT The US economy surprised forecasts, posting a much better than expected 244K jobs created during the month. Forecasts were calling for a 185K increase, and from other data this week expectations had build for a soft release. var div = jQuery(“”).css({ With upward revisions to February's and March's data, this is the 3rd straight month that jobs were … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Amazon Is Helping To Pop The College Textbook Bubble And College Bookstores Are Not Happy Posted: 06 May 2011 07:21 AM PDT Inside Higher Ed — “College bookstores have been consistently losing ground to the Internet retail giant since it entered the textbook market. With its ability to buy in bulk, low overhead and employee costs, and partnerships with third-party sellers, Amazon has made itself one of the cheapest ways to get books and other retail goods. So to “level the playing field,” the National Association of College Stores, which represents more than 3,100 college bookstores, has picked a fight with … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Oil Slides On Economic Growth Concerns Posted: 06 May 2011 02:00 AM PDT 05/06/11 Front month crude prices continued to slide this session as a rise in the unemployment rate and demand concerns have continued an investor … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 06 May 2011 06:30 AM PDT The morning news notes as prepared by TL…change in private payrolls, US debt ceiling, Goldman on oil, and commodities take a hit. click … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Sarantel Sales Back On Track But New Fundraising Looks Imminent Posted: 06 May 2011 01:24 AM PDT Sarantel (LON:SLG) , the AIM quoted company that makes high-performance, miniature antennas for mobile and wireless devices, confirmed this morning that year-on-year sales had slipped by £0.4m in the first six months of 2011. However, the company also announced a new $1m order starting in 2012 and said that technical issues, unrelated to its technology but responsible for disrupting sales during the first half of the year had now been resolved. Sarantel said it now wanted to capitalise on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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