DailyMarkets.com - CIG Reports Positive 1Q Results

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• CIG Reports Positive 1Q Results
• Respite For Big Oil
• BioMarin Upped To Neutral
• Jones Lang: Largest CRE Broker In UK?
• AES’ Financing Plans For DPL Buy
• A.C. Moore Beats On Weak Sales
• Earnings Scorecard: Kimco Realty
• Earnings Preview: Autodesk Inc.
• Hot Option Plays: Expiration Unwind
• Rare Earth Stocks Reaching Key Support Levels
• Forex – AUD/USD Down In U.S. Trade
• Analog Devices Posts Solid Q2
• Merck Ties With Roche On HCV Cure
• M&I Shareholders Approve Merger
• Forex – NZD/USD Up During The U.S. Session
• Options Traders Don Aeropostale Options Ahead Of Earnings
• “Action In Market…dollar Related”
• Smucker Buys Rowland Coffee
• AMMD Inks Research Contract
• Abercrombie Coasts Ahead
• Dick’s Outperforms
• International Paper To Reopen Mill
• The Stress Test Story Continues
• Hospira Upped To Neutral
• Forex – GBP/USD Down In U.S. Trade
• Saks Beats, Outlook Positive
• Skyworks Acquires SiGe
• Skyworks Acquires SiGe
• DOW Invests In Packaging Center
• Plains Shells Out On Infrastructure
• European Markets Close Higher; Dax Up 0.65%
• British Pound Takes A Hit On Jobs Data
• Analyst Interviews: Oil & Gas Industry Outlook
• Thermo Fisher Reaffirmed At Neutral
• Shire Inks Biotech Deal
• Northern Trust On Acquisition Spree
• America Movil Invests In Argentina
• Weak Earnings For Staples, Lowers Guidance
• Aggressive Growth Stock: Perceptron, Inc (Revised)
• Earnings Preview: GameStop
• Earnings Preview: GameStop
• May 18 Checkup On Bullishly Diverging Market Internals
• Aggressive Growth Stock: Perceptron, Inc
• Commentary Test
• Sunoco Logistics Acquires Pipeline
• Forex – EUR/USD Up At The End Of European Session
• Forex Trading: EURUSD At Key Level…
• BP In Deep Waters
• Aggressive Growth Stock: Perceptron, Inc
• BMC Software’s Remedy For Lumen21
• Australian Dollar: The Downside Prevails
• Canadian Dollar: Key ST Resistance At 98
• Bonds Run Out Of Steam Ahead Of FOMC Minutes
• Deere Tops Zacks, Ups Guidance
• CRA Upgraded To Outperform
• SanDisk To Acquire Pliant Tech
• Natural Gas Futures Rebound On Warm Weather Outlook
• Forex Trading: EURUSD Remains Between The “Goal Posts”
• Word From The Floor: Wall Street Digests Mixed Earnings
• Forex – Dollar Makes Modest Gains As EZ Debt Uncertainty Persists
• Crude Oil Futures Sharply Higher After U.S. EIA Inventory Data
• Forex Trading: USDJPY Pauses After Move Higher
• Forex – GBP/USD Hits 6-week Low After U.K. Jobs Data, BoE Minutes
• Currency Markets Trade Choppy Despite Higher Commodities, ECB Against Reprofiling
• Crude Trades Above $98 On API Report
• Wall Street’s Meaningless ‘Mea Culpas’
• Tristel Signs Up More NHS Trusts For Surfaces Product Range
• AMEC Buys MACTEC To Strengthen US Engineering And Environmental Business

CIG Reports Positive 1Q Results Posted: 18 May 2011 12:02 PM PDT Companhia Energetica de Minas Gerais (NYSE:CIG), known as CEMIG, reported encouraging results for the first quarter of 2011 as the company's net income rose 1% year over year to R$526 million (US$316.9 million). Revenue In the first quarter 2011, the company's net revenue escalated 18% year over year to R$3,387 million (US$2,040.4 million) due primarily to recovery of economy leading eventually to higher demand for electricity. Electricity sold improved 16.0% year over year to 17,981 GWh in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Respite For Big Oil Posted: 18 May 2011 12:02 PM PDT A bill to scale back multibillion-dollar tax breaks for major oil firms was defeated in the U.S. Senate on Tuesday. The Democrat-sponsored measure to strip the companies of about $21 billion in tax subsidies over the next 10 years and steer the savings to reduce the federal budget deficit fell short of the 60-vote threshold after Republican opposition. In the 52-to-48 verdict – 8 shy of the number required for bringing the measure up for debate – 3 Democrats from oil-producing states broke … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BioMarin Upped To Neutral Posted: 18 May 2011 12:02 PM PDT We are upgrading BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) to Neutral from Underperform following its better-than-expected performance in the first quarter of 2011. BioMarin, founded in 1996 and headquartered in Novato, California, develops and commercializes biopharmaceuticals for serious diseases and medical conditions. The company’s product portfolio comprises four approved products and multiple pipeline candidates. The marketed products are Aldurazyme, Naglazyme, Kuvan and Firdapse. The company … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Jones Lang: Largest CRE Broker In UK? Posted: 18 May 2011 11:33 AM PDT According to a report published in the 'Property Week' – a U.K.-based business-to-business magazine which reports on the worldwide commercial and residential property market, Jones Lang LaSalle Incorporated (NYSE:JLL) is currently under negotiation to acquire the London-based real estate broker King Sturge LLP, one of the largest international property consultancy firms. With the acquisition, Jones Lang is expected to become the largest commercial real estate (CRE) broker in the U.K. in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AES’ Financing Plans For DPL Buy Posted: 18 May 2011 11:27 AM PDT The AES Corporation (NYSE:AES) said it plans to arrange finance with the help of a new syndicated senior secured term loan facility up to an aggregate principal amount of $1.05 billion to fund its DPL Inc. (NYSE:DPL) buy. Under the facility, AES Corp. will issue debt securities and utilize the proceeds to pay certain fees and expenses related to the DPL transaction. In April this year, AES Corp. had entered into a definitive agreement to acquire DPL Inc., the parent company of Dayton Power & … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

A.C. Moore Beats On Weak Sales Posted: 18 May 2011 11:27 AM PDT Berlin, New Jersey-based A.C. Moore Arts & Crafts, Inc (NASDAQ:ACMR) reported a loss of 30 cents in the first quarter of 2011, edging out the Zacks Consensus Estimate of a loss of 32 cents and the year-ago quarter’s loss of 31 cents. However, the company continues to report  a deficit due to poor sales. Total revenue of the specialty retailer of arts, crafts and floral merchandise dropped 2.5% year over year to $102.7 million in the reported quarter attributable to a 2.6% plunge in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Scorecard: Kimco Realty Posted: 18 May 2011 11:27 AM PDT Kimco Realty Corp. (NYSE:KIM), a leading real estate investment trust (REIT), reported fiscal 2011 first quarter recurring funds from operations (FFO) of 30 cents per share, which was in line with the Zacks Consensus Estimate. Fund from operations, a widely used metric to gauge the performance of REIT, is obtained after adding depreciation and amortization and other non-cash expenses to net income. We cover below the results of the recent earnings announcement, as well as the subsequent analyst … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Autodesk Inc. Posted: 18 May 2011 11:27 AM PDT Autodesk Inc. (NASDAQ:ADSK) is scheduled to announce its first quarter 2012 results on May 19, 2011. We do not see any major variation in analysts' estimates in the run-up to the earnings report. Prior Quarter Recap Autodesk reported fourth quarter 2011 earnings of 27 cents per share, in line with the Zacks Consensus Estimate. Earnings per share (EPS), including stock-based compensation but excluding one-time charges, increased 22.7% year over year, primarily driven by strong revenue … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Expiration Unwind Posted: 18 May 2011 11:18 AM PDT Cusick’s Corner The market has held into this expiration week. We are at critical levels and the bulls need to break 1333 on the S&P June futures. It’s Wednesday, a critical point in the week because there are institutions that are starting to unwind monthly trades which often creates volume in the markets that is unusual. This is because large traders reverse out of positions, i.e. cover short stock/sell call covering stock b/c trying to take advantage of interest rates moving higher — so … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Rare Earth Stocks Reaching Key Support Levels Posted: 18 May 2011 11:17 AM PDT The prices of rare earth oxides are blasting through the stratosphere. Manufacturers are driving prices in their haste to involve the materials in production of hybrid vehicles, wind turbines, and the most high tech applications of which many sophisticated investors are unaware. These producers need the rare earth ore and are willing to pay for it on the world markets. China (FXI) has the right stuff, but are claiming – perhaps rightfully – that they need the materials for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down In U.S. Trade Posted: 18 May 2011 11:15 AM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Wednesday.<br/><br/> AUD/USD was trading at 1.0623, down 0.04% at time of writing.<br/><br/> The pair was likely to find support at 1.0506, Tuesday&rsquo;s low, and resistance at 1.0716, Friday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was down against the Euro and up against the Japanese Yen, with EUR/AUD gaining 0.22% to hit 1.3428 and AUD/JPY rising 0.12% to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Analog Devices Posts Solid Q2 Posted: 18 May 2011 11:02 AM PDT Analog Devices' (NYSE:ADI) fiscal second quarter earnings beat the Zacks Consensus Estimate by 11 cents, or 16.2%. Revenue was also better than expectations, beating by around 6.0%. Results exceeded both management and our expectations on revenue and gross lines. Strong revenue growth across product lines, markets and geographies, operating leverage and a lower tax rate contributed to the results. Analog Devices shares reacted positively in after-hours trading, rising 4.5%. Not surprising, since … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Merck Ties With Roche On HCV Cure Posted: 18 May 2011 11:02 AM PDT Merck & Co. Inc. (NYSE:MRK) recently entered into agreements with Roche Holdings Ltd. (RHHBY) to bring about an improvement in the treatment, diagnosis and awareness of chronic hepatitis C (HCV) infection in developed and emerging markets. Merck and Roche will also collaborate and study novel combinations of marketed and investigational drugs of both companies leading to an increase in the availability of potential new treatment regimens for patients suffering from HCV. Per the terms of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

M&I Shareholders Approve Merger Posted: 18 May 2011 11:02 AM PDT On Tuesday, the shareholders of Marshall & Ilsley Corporation (NYSE:MI) approved its merger deal with Canada-based Bank of Montreal (NYSE:BMO). The percentage of shareholders who consented to the impending merger was not disclosed. Additionally, the U.S. Treasury Department provided a proxy giving their assent to the merger as it holds the Senior Preferred Stock of the company.  However, M&I's merger still requires all the regulatory consents to materialize. The deal, which is expected … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Up During The U.S. Session Posted: 18 May 2011 10:50 AM PDT Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Wednesday.<br/><br/> NZD/USD was trading at 0.7883, up 0.43% at time of writing.<br/><br/> The pair was likely to find support at 0.7756, Monday&rsquo;s low, and resistance at 0.7966, Friday&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.55% to hit 1.3464 and EUR/NZD falling 0.33% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Options Traders Don Aeropostale Options Ahead Of Earnings Posted: 18 May 2011 10:41 AM PDT Options traders don Aeropostale options ahead of earnings Today's tickers: ARO, HSY, QLGC & HEK (NYSE:ARO) – Aeropostale, Inc. – Investors are initiating bullish positions on the teen retailer ahead of the company's first-quarter earnings report on Thursday after the close. Shares in Aeropostale are up 1.25% at $21.41 as of 11:50am, rallying in sympathy with teen apparel company Abercrombie & Fitch Co. following ANF's better-than-expected earnings report. One options strategist … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

“Action In Market…dollar Related” Posted: 18 May 2011 10:40 AM PDT 05/18/11 Mogavero & Lee’s Doreen Mogavero discusses the major stock averages turning higher on a weaker … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Smucker Buys Rowland Coffee Posted: 18 May 2011 10:32 AM PDT J.M. Smucker Co. (NYSE:SJM) announced the completion of the buyout of Florida-based Rowland Coffee Roasters Inc. for $360 million. As reported by management, the transaction was completed with cash on hand and borrowings under its existing credit facility. Rowland specializes in Hispanic coffee brands such as Cafe Bustelo and Cafe Pilon, which are primarily sold in the Northeastern U.S. and South Florida. It leads the world of espresso coffee in the U.S., according to J.M. Smucker. Rowland … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AMMD Inks Research Contract Posted: 18 May 2011 10:32 AM PDT Leading pelvic-health devices provider American Medical Systems (NASDAQ:AMMD) recently signed a research grant contract for six sites to analyze safety, anatomical and functional results of two alternative treatments for vaginal prolapse. The Anterior Colporrhaphy is a technique that utilizes traditional suture placation compared with the Elevate Anterior and Apical Prolapse Repair System.    The Elevate system is an element of American Medical's composite portfolio of products intended … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Abercrombie Coasts Ahead Posted: 18 May 2011 10:32 AM PDT Abercrombie & Fitch Co. (NYSE:ANF) registered earnings of 27 cents a share in the first quarter of fiscal 2011, thereby surpassing the Zacks Consensus Estimate of 11 cents a share and beating substantially the prior-year net loss of 13 cents per share. Result Summary Abercrombie reported double-digit net sales growth of 22% in the reported quarter, climbing to $836.7 million from $687.8 million in the prior-year period. Total revenue comprehensively beat the Zacks Consensus Estimate of $783.0 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dick’s Outperforms Posted: 18 May 2011 10:32 AM PDT Dick’s Sporting Goods Inc. (NYSE:DKS), an authentic full-line sporting goods retailer, posted strong first quarter 2011 results, ended April 30, 2011, on the heels of higher sales and improved margins. Quarterly earnings climbed to 30 cents a share from the year-ago level of 22 cents a share and comfortably outpaced its earnings guidance in the range of 26 cents to 28 cents a share. Dick's also inched past the Zacks Consensus Estimate of 29 cents.  A 2.1% increase in consolidated … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

International Paper To Reopen Mill Posted: 18 May 2011 10:32 AM PDT International Paper Co. (NYSE:IP) is investing $83 million to reopen part of a closed mill in Virginia’s Isle of Wight County, creating more than 210 jobs. The plant had been engaged in lumber and paper manufacturing for over a century till it was closed down in April last year due to the global recession that hit the demand for paper and paperboard products. The company had laid off around 1,100 people. A part of the facility will now be turned into a fluff pulp mill with an expected annual … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Stress Test Story Continues Posted: 18 May 2011 10:03 AM PDT According to a Financial Times report spotted on Tuesday, U.S. banks will have to go through stress tests every year to prove their financial ability to confront another recession. This annual drill is a requirement of the Federal Reserve, which also could hold the right to ban capital deployment activities of unsuccessful banks. The Federal Reserve Board is ready to approve the rule and seek public opinion on it in a few weeks. Federal Reserve officials came to this conclusion as they are … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hospira Upped To Neutral Posted: 18 May 2011 10:03 AM PDT We recently upgraded Hospira Inc. (NYSE:HSP) to Neutral from Underperform following better-than-expected first quarter 2011 results. Hospira's first quarter earnings of 93 cents per share were well above the Zacks Consensus Estimate of 79 cents. Earnings benefited from strong US sales of the generic version Sanofi Aventis' (NYSE:SNY) Taxotere, which was launched in March 2011, reversing the disappointing performance of the prior quarter. It captured 30-35% market share within a few weeks of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down In U.S. Trade Posted: 18 May 2011 10:00 AM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Wednesday after the release of U.K. data on Claimant Count Change.<br/><br/> GBP/USD was trading at 1.6174, down 0.48% at time of writing.<br/><br/> The pair was likely to find support at 1.6107, today&rsquo;s low, and resistance at 1.6309, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that the U.K. claimant count change rose more-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Saks Beats, Outlook Positive Posted: 18 May 2011 09:57 AM PDT Saks Incorporated (NYSE:SKS) delivered a first-quarter 2011 net income (excluding one-time items) of 17 cents a share, compared with a net income of 11 cents in the year-ago quarter. The year-over-year improvement in the quarter reflects strong same-store sales growth and gross margin expansion. Further, the rebound in financial markets has spurred sales of luxury goods. Quarterly adjusted earnings were a penny above the Zacks Consensus Estimate of 16 cents, reflecting a 6.3% increase. On a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Skyworks Acquires SiGe Posted: 18 May 2011 09:57 AM PDT Skyworks Solutions (NASDAQ:SWKS) announced that it will acquire fabless semiconductor company SiGe Semiconductor for $210 million. Additionally, the company agreed to pay $65 million on achievement of certain milestones. The transaction is expected to close in June, 2011. Headquartered in Andover, Massachusetts, SiGe Semiconductor is a provider of radio frequency (RF) front-end solutions facilitating wireless multimedia across a wide range of applications. With the help of SiGe's innovative short … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Skyworks Acquires SiGe Posted: 18 May 2011 09:57 AM PDT Skyworks Solutions (NASDAQ:SWKS) announced that it will acquire fabless semiconductor company SiGe Semiconductor for $210 million. Additionally, the company agreed to pay $65 million on achievement of certain milestones. The transaction is expected to close in June, 2011. Headquartered in Andover, Massachusetts, SiGe Semiconductor is a provider of radio frequency (RF) front-end solutions facilitating wireless multimedia across a wide range of applications. With the help of SiGe's innovative short … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

DOW Invests In Packaging Center Posted: 18 May 2011 09:57 AM PDT The global chemical company, Dow Chemical Company (NYSE:DOW) declared that it is making people and technology investments in a Packaging Center of Excellence in Horgen, Switzerland to better serve the needs of the packaging industry across Europe, the Middle East and Africa. Doubling the staff of its packaging center Dow would have a total of approximately 20-25 people, and significantly expanding its capabilities for testing and prototyping adhesive laminating and film structures for food and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Plains Shells Out On Infrastructure Posted: 18 May 2011 09:57 AM PDT Plains All American Pipeline L.P. (NYSE:PAA) decided to invest $330 million in infrastructure development projects to meet the increasing production from the Eagle Ford shale in South Texas. The project will involve construction of a new 130-mile crude oil and condensate pipeline, a marine terminal facility and 1.5 million barrels of storage capacity. The project is expected to come on-line from the fourth quarter 2012 and will be able to move 300,000 barrel per day from the western area of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Markets Close Higher; Dax Up 0.65% Posted: 18 May 2011 09:55 AM PDT Forex Pros – European stocks were up after the closing bell on Wednesday.<br/><br/> At the close of European trade, Germany&rsquo;s DAX rose 0.65%, London&rsquo;s FTSE 100 gained 1.07%, France&rsquo;s CAC 40 climbed 0.92% and the EURO STOXX 50 was up 0.62%.<br/><br/> Meanwhile, on Wall Street, equity markets were up after the open. The Dow Jones Industrial Average was up 0.25%; the S&P 500 index gained 0.49%, while the Nasdaq 100 index climbed … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

British Pound Takes A Hit On Jobs Data Posted: 18 May 2011 04:45 AM PDT 05/18/11 The British pound dropped against most of its major counterparts today after jobless claims reached a more than 3-year … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Analyst Interviews: Oil & Gas Industry Outlook Posted: 18 May 2011 09:32 AM PDT OUTLOOK Crude Oil The improving economic scene — both here in the U.S. as well as worldwide — and the continued unrest in producing countries had been the main driver of the oil rally that saw the commodity zoom past the $110 per barrel level last month. However, apprehensions about soaring U.S. crude stocks — currently at their highest level in two years — and worries that China's tightening monetary policy in response to inflationary pressures may bring down its growth momentum, have … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Thermo Fisher Reaffirmed At Neutral Posted: 18 May 2011 09:32 AM PDT Recently, we reaffirmed our Neutral recommendation on Thermo Fisher Scientific (NYSE:TMO) with a target price of $65.00. Thermo Fisher Scientific reported an adjusted EPS of 92 cents in the first quarter of fiscal 2011, surpassing the Zacks Consensus Estimate of 88 cents and earnings of 82 cents in the first quarter of 2010. Revenues increased 4% year over year to $2.72 billion and marginally beating the Zacks Consensus Estimate of $2.71 billion. Acquisitions had a positive impact of 2% on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Shire Inks Biotech Deal Posted: 18 May 2011 09:32 AM PDT Mergers and acquisitions continue in the pharma sector with Shire (NASDAQ:SHPGY) recently announcing its intention to acquire the privately held regenerative medicine company Advanced BioHealing. The closure of the deal, which is valued at $750 million, is subject to antitrust clearance and attainment of other closing conditions. Following the closure of the deal, Advanced BioHealing's operations will be incorporated into Shire's Specialty Pharmaceuticals segment. Shire intends to finance the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Northern Trust On Acquisition Spree Posted: 18 May 2011 09:32 AM PDT Northern Trust Corporation (NASDAQ:NTRS) is on an acquisition spree. The latest acquisition that the company has agreed to is that of Omnium LLC, a leading hedge fund administrator, from Citadel. The acquisition of Omnium, which has around $70 billion in assets under administration, will enhance Northern Trust's capabilities and create an industry-leading hedge fund administration platform for institutional investors. The deal is subject to regulatory approvalsand customary closing conditions, and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

America Movil Invests In Argentina Posted: 18 May 2011 09:32 AM PDT Mexican telecom giant, America Movil (NYSE:AMX) reported it will invest $1 billion in 2011 toward telecommunication services in Argentina. The investments will be primarily dedicated toward developing cellular, broad brand and fourth generation (4G) mobile services. Last month, the Mexican business tycoon and owner of America Movil, Carlos Slim, projected an estimated investment of $1.5 million in Argentina. Further, he also announced investment plans of $2 billion in Chile spread through four … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Weak Earnings For Staples, Lowers Guidance Posted: 18 May 2011 04:30 AM PDT 05/18/11 Staples Incorporated reported lower-than-expected quarterly results on higher costs and weak … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Perceptron, Inc (Revised) Posted: 18 May 2011 09:12 AM PDT Perceptron, Inc. (NASDAQ:PRCP) is finalizing what could be game changing technology. But even without that, the company is doing well. This Zacks #1 Rank (Strong Buy) recently topped expectations, is growing rapidly and its not too late to get in. Company Description Perceptron makes non-contact measurement and inspection products for industrial and commercial applications. Beat the Street On May 11 Perceptron reported earnings per share of $0.06 for the fiscal third quarter. That was up from a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: GameStop Posted: 18 May 2011 09:12 AM PDT GameStop Corporation (NYSE:GME), the video game and entertainment software retailer, is scheduled to report its first-quarter 2011 financial results on Thursday, May 19, 2011. The current Zacks Consensus Estimate for the quarter is 54 cents a share. For the quarter under review, revenue is $2,231 million, according to the Zacks Consensus Estimate. Fourth-Quarter 2010, a Synopsis GameStop's fourth-quarter 2010 earnings of $1.56 per share came in line with the Zacks Consensus Estimate and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: GameStop Posted: 18 May 2011 09:12 AM PDT GameStop Corporation (NYSE:GME), the video game and entertainment software retailer, is scheduled to report its first-quarter 2011 financial results on Thursday, May 19, 2011. The current Zacks Consensus Estimate for the quarter is 54 cents a share. For the quarter under review, revenue is $2,231 million, according to the Zacks Consensus Estimate. Fourth-Quarter 2010, a Synopsis GameStop's fourth-quarter 2010 earnings of $1.56 per share came in line with the Zacks Consensus Estimate and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

May 18 Checkup On Bullishly Diverging Market Internals Posted: 18 May 2011 09:03 AM PDT What are the "Big Three" Market Internals saying about the current structure in the S&P 500? Let's take a look: I shared this chart in yesterday's Idealized Trades member report, and we're already seeing the bullish follow-through today that was suggested from the picture in Market Internals. To recap, the "Big Three" Internals are Breadth, TICK (Extremes), and VOLD (Volume Difference of Breadth). All Three are forming positive divergences with respect to Tuesday's swing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Perceptron, Inc Posted: 18 May 2011 09:02 AM PDT Perceptron, Inc. (NASDAQ:PRCP) is finalizing what could be game changing technology. But even without that, the company is doing well. This Zacks #1 Rank (Strong Buy) recently topped expectations, is growing rapidly and its not too late to get in. Company Description Perceptron makes non-contact measurement and inspection products for industrial and commercial applications. Beat the Street On May 11 Perceptron reported earnings per share of $0.06 for the fiscal third quarter. That was up from a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Commentary Test Posted: 18 May 2011 09:02 AM PDT Zacks has removed this article. Thank … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Sunoco Logistics Acquires Pipeline Posted: 18 May 2011 09:02 AM PDT Sunoco Logistics Partners L.P. (NYSE:SXL) –– a master limited partnership –– acquired controlling interest in a fuel transporter firm Inland Corporation. The purchase price of the deal was settled at $100 million. Following this acquisition, Sunoco Logistics will hold an 83.8% economic interest along with 70% voting interest in Inland. The partnership financed the purchase with its revolving credit facilities. Inland comprises an active 350-mile refined products pipeline and associated … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up At The End Of European Session Posted: 18 May 2011 09:00 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4271, up 0.24% at time of writing.<br/><br/> The pair was likely to find support at 1.4048, Monday&rsquo;s low, and resistance at 1.4339, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.87% to hit 0.8836 and EUR/JPY rising 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD At Key Level… Posted: 18 May 2011 08:58 AM PDT The 200 hour MA target was breached at 1.4272. The high for the day was not.  This keeps the pair on alert for a possible reversal back lower.  Currently traders are likely to take profit on the failed break.  A move back above the 1.4272-77, however should solicit more … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BP In Deep Waters Posted: 18 May 2011 08:32 AM PDT BP Plc's (NYSE:BP) long-awaited share-swap agreement with Russia’s state-operated oil company, Rosneft collapsed on May 16, at midnight. The extended deadline to complete the transaction passed with the companies failing to come up with a meaningful conclusion. BP and Rosneft had initially planned to wrap up the deal a month ago. Subsequently, the two companies extended the deadline so as to give BP the time it needed to resolve the dispute with its Russian partner, TNK-BP. In mid-January 2011, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Perceptron, Inc Posted: 18 May 2011 08:23 AM PDT Perceptron, Inc. (NASDAQ:PRCP) is finalizing what could be game changing technology. But even without that, the company is doing well. This Zacks #1 Rank (Strong Buy) recently topped expectations, is growing rapidly and its not too late to get in. Company Description Perceptron makes non-contact measurement and inspection products for industrial and commercial applications. Beat the Street On May 11 Perceptron reported earnings per share of $0.06 for the fiscal third quarter. That was up from a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BMC Software’s Remedy For Lumen21 Posted: 18 May 2011 08:23 AM PDT BMC Software Inc. (NYSE:BMC) recently clinched a service deal with Lumen21. Financial details of the deal were not disclosed. Lumen21 builds customized solutions based on information technology (IT) organization strengths and core competencies. It develops infrastructure services, managed services and application development solutions. The company sells their solutions through cloud-based systems and hence prefers a software-as-a-service platform to efficiently manage its business. As per the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Australian Dollar: The Downside Prevails Posted: 18 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

Canadian Dollar: Key ST Resistance At 98 Posted: 18 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

Bonds Run Out Of Steam Ahead Of FOMC Minutes Posted: 18 May 2011 08:11 AM PDT Rather than asking whether commodity and equity prices would recover, investors earlier kept their powder dry and made a beeline for the safety of government bonds again Wednesday depressing yields to the lowest so far in 2011. But as the morning wears on those who bought on the crest of this latest wave are left wondering if they haven't been handed the bag as treasury prices slip to their lowest of the day on very little news. Eurodollar futures – The capacity of FOMC minutes to shift … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Deere Tops Zacks, Ups Guidance Posted: 18 May 2011 08:07 AM PDT Deere & Company (NYSE:DE) delivered earnings of $2.12 per share in its second quarter ended April 30, 2011, striding ahead of the Zacks Consensus Estimate of $2.06 and 34% above the $1.58 earned in the year-ago quarter. The outperformance was largely driven by a 25% increase in revenues fueled by strong demand for farm machinery coupled with improving conditions in construction and forestry markets. The prior-year quarter's EPS however excluded a tax charge of 30 cents due to enactment of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CRA Upgraded To Outperform Posted: 18 May 2011 08:07 AM PDT We are upgrading our rating on CRA International Inc. (NASDAQ:CRAI), a leading global consulting firm, to Outperform from Neutral. The rating was raised on the back of strong first quarter 2011 results, which surpassed the Zacks Consensus Estimate. The blockbuster results were aided by an active pipeline for both litigation and management consulting businesses, upside in utilization rate aided by successful restructuring actions and cost-containment initiatives, which led to a double-digit growth in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

SanDisk To Acquire Pliant Tech Posted: 18 May 2011 08:07 AM PDT The leading flash memory storage solutions company, SanDisk Corporation (NASDAQ:SNDK) recently declared its intention of acquiring California-based developer of enterprise solid state drives (SSD), Pliant Technology Inc., for $327.0 million in cash and certain equity-based incentives. The acquisition will enable SanDisk to access Pliant's technology and enterprise-level system expertise, which are expected to be combined with SanDisk's high-quality, large-scale multi-level cell (MLC) memory … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Futures Rebound On Warm Weather Outlook Posted: 18 May 2011 08:00 AM PDT Forex Pros – utures Pros &ndash; Natural gas futures were up on Wednesday, recouping some of the sharp losses suffered in the previous session, after forecasts showed warmer-than-normal weather in the U.S. next week, boosting demand expectations for the fuel.&nbsp;&nbsp;&nbsp; <br /><br />On the New York Mercantile Exchange, natural gas futures for June delivery traded at USD4.221 per million British thermal units during U.S. morning trade, gaining 0.91%.<br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Remains Between The “Goal Posts” Posted: 18 May 2011 07:58 AM PDT The EURUSD found support against the 1.4185-95 area (see earlier post) where trendline, 100 hour MA and Fibo support were congregating, and the price has moved closer to the top extreme at the 200 hour MA (at 1.4272 – high reached 1.4263).  The move higher extended past the 1.4243 level  which was Monday's high and support for part of today's trade.  Staying above this level will now be eyed if a stronger test of the 200 hour MA is in the cards for today. Eventually the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Word From The Floor: Wall Street Digests Mixed Earnings Posted: 18 May 2011 07:50 AM PDT 05/18/11 US stocks eased off from earlier weakness, after opening in negative territory. Earnings from retailers and the tech sector came in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Makes Modest Gains As EZ Debt Uncertainty Persists Posted: 18 May 2011 07:45 AM PDT Forex Pros – The U.S. dollar was modestly higher against its major counterparts on Wednesday, as the euro weakened amid ongoing uncertainty over Greek sovereign debt and the pound came under broad selling pressure.<br /><br />During early U.S. trade, the greenback was fractionally higher against the euro, with EUR/USD inching up 0.02% to hit 1.4239.<br /><br />Eurogroup leader Jean-Claude Juncker on Tuesday said there was a need to move towards a “soft restructuring” … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Futures Sharply Higher After U.S. EIA Inventory Data Posted: 18 May 2011 07:42 AM PDT Forex Pros – utures Pros &ndash; Crude oil futures extended gains on Wednesday, climbing to a fresh two-day high after a government report showed that U.S. crude oil inventories were unexpectedly unchanged last week. <br /><br />On the New York Mercantile Exchange, light sweet crude futures for delivery in June traded at USD99.88 a barrel during U.S. morning trade, rallying 2.5%. <br /><br />It earlier rose as much as 2.8% to USD99.97 a barrel, the highest price … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USDJPY Pauses After Move Higher Posted: 18 May 2011 07:38 AM PDT As per the prior post the USDJPY had a decision to make. The price found support against the 100 bar MA on the 5 minute chart and used it to push higher. The break above the 200 bar MA on the 5 minute chart accelerated the move to the upside.  The next target is the high for the day at the 81.53 level. The high for the week comes in at 81.76.  Finally 81.82 is the 38.2% of the move down from the April high (see daily chart below). This is the key target areas ahead. On the downside, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Hits 6-week Low After U.K. Jobs Data, BoE Minutes Posted: 18 May 2011 07:34 AM PDT Forex Pros – The pound fell to a six-week low against the U.S. dollar on Wednesday, after data showed an unexpected increase in the U.K. claimant count in April, while Bank of England minutes showed policymakers maintained the vote to keep rates unchanged this month.<br /><br />GBP/USD hit 1.6107 during early U.S. trade, the pair&rsquo;s lowest since April 5; the pair subsequently consolidated at 1.6149, shedding 0.62%.<br /><br />Cable was likely to find support … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Currency Markets Trade Choppy Despite Higher Commodities, ECB Against Reprofiling Posted: 18 May 2011 07:22 AM PDT Overnight, equities were stronger in Asia and Europe as a result of positive earnings from Dell. The news helped to stop what has been a recent slide in equities, which have been pressured by concerns over a slowdown in global demand due to soft US data as well as the latest flare up of the sovereign debt crisis which has focused on the need for some type of Greek debt restructuring. Commodity markets were higher with gold reclaimed its Tuesday losses, while oil was up $1.77 to $98.70 as US … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Trades Above $98 On API Report Posted: 18 May 2011 02:10 AM PDT 05/18/11 Front monh crude prices rose to trade above $98 a barrel on an earlier decline in the dollar and a rise in stockpiles according the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Wall Street’s Meaningless ‘Mea Culpas’ Posted: 18 May 2011 06:56 AM PDT "I'm sorry. No, really I am. I did not mean to do it….er, I mean we did not mean to do it. I hope nobody got too badly hurt. Oh, sorry if you did. Really, I mean it and we mean it. I think we were well intentioned but things just got a little out of control. We will definitely try to make sure this stuff NEVER happens again…no, really. This time we definitely mean it. Will you still trust us? Please?" Are you kidding me? Is "sorry" the best America gets for the ineptitude, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Tristel Signs Up More NHS Trusts For Surfaces Product Range Posted: 18 May 2011 02:35 AM PDT Tristel (LON:TSTL) , the AIM listed company that makes infection control, contamination control and hygiene products, said today that the number of NHS Trusts adopting its products for surface cleaning and disinfection is continuing to grow. The company has prepared new case studies describing the positive experiences that led to recent conversions to Tristel Fuse at Homerton University Hospital, London, and Tristel Fuse and Tristel Jet at University College London Hospitals NHS Trust. In both … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AMEC Buys MACTEC To Strengthen US Engineering And Environmental Business Posted: 18 May 2011 01:38 AM PDT Engineering group Amec (LON:AMEC) has moved to bolster its Earth amp; Environmental division by agreeing a deal to acquire US engineering and environmental services company MACTEC for US$280 million. Eamp;E's 170-strong branch network is heavily focused in North America, with a particularly strong presence in the Western US and in Canada. More recently, the division has also worked on expanding its presence in the growth markets of Europe and South America. By contrast, MACTEC's 70 offices … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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