DailyMarkets.com - Ford F-150 Probe Expands

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• Ford F-150 Probe Expands
• BSX Strengthens CRM Portfolio
• Macerich Misses Estimates
• Siemens Gets Rail Order
• Salix Driven By Xifaxan
• Growing Comps At McDonald’s
• Dynegy Loss 4th Straight Quarter
• St Joe Improves With Timber Sales
• Forex – AUD/USD Down In U.S. Trade
• Debt Ceiling Still Has Time
• Citi Now Trades Over $40
• Tenet Rejects CYH’s Final Bid
• Forex – NZD/USD Down During The U.S. Session
• Bullish Player Takes Profits, Injects Fresh Optimism In Sanofi-Aventis Options
• Bullish Player Takes Profits, Injects Fresh Optimism In Sanofi-Aventis Options
• Dril-Quip Beats Consensus
• Bullish Player Takes Profits, Injects Fresh Optimism In Sanofi-Aventis Options
• NetApp Completes LSI Unit Buy Out
• Federal Realty Reports Mixed 1Q
• Target’s Sales Rise
• PetMed Misses EPS, Profit Shrinks
• “The Market Wants To Go Higher”
• Strong Numbers From JA Solar
• Yen Declines On Global Equity & Commodity Rise
• Forex – GBP/USD Down In U.S. Trade
• UCB’s Cimzia Impresses
• Arch Coal Adds Singapore Branch
• MarkWest Misses Estimates
• European Markets Close Higher; Dax Up 1.23%
• Bonds Mark Time
• Airgas Buys Pain Enterprises
• Luminex Tops Ests, Profit Cruises
• TGI Beats Estimate, Outlook Strong
• Is It A Buyer’s Or Seller’s Market In Raleigh?
• Earnings Scorecard: Bristol-Myers
• Loss Narrows At MannKind
• NVIDIA To Acquire Icera
• Activision Beats, Ups 2011 Outlook
• Mixed Results From Dean Foods
• Demag Shareholder Objects To Terex Bid
• Earnings Preview: Macy’s
• Wright Beats, Swings To Black
• Earnings Preview: Nordstrom
• China’s Trade Surplus Grows, Again
• Forex – EUR/USD Down At The End Of European Session
• Forex – USD/JPY Up Toward The End Of European Session
• Forex Trading: AUDUSD Remains Between The “Goal Posts”
• Forex – GBP/USD Down Toward The End Of European Session
• Optimer Beats On One-Time Gain
• Word From The Floor: US Stocks Higher On M&A News
• Crude Below $102 On Inventory Concerns
• Forex – EUR/USD Down During The European Session
• Forex Trading: USDJPY Bounces Against Trendline Resistance. Watching 80.69
• Forex – GBP/JPY Up In European Trading Hours
• AFC Energy Signs Fire Prevention Deal For Alkaline Fuel Cells
• Microsoft Issues May Security Update

Ford F-150 Probe Expands Posted: 10 May 2011 12:02 PM PDT The U.S. National Highway Traffic Safety Administration (NHTSA) revealedthat it has recently included 1.3 million into its investigation of Ford Motor Co.'s (NYSE:F) best selling pickup, F-150, related to a problem with the traps holding fuel tanks that can rust and break. This has brought the total vehicles under the probe to 2.7 million vehicles. The pickup trucks belong to the 1997-2001 model years. The probe was opened in September last year after receiving 32 consumer complaints by the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BSX Strengthens CRM Portfolio Posted: 10 May 2011 12:02 PM PDT Recently, Boston Scientific (NYSE:BSX) launched its Energen and Punctua cardiac resynchronization therapy defibrillators (CRT-Ds) and implantable cardioverter defibrillators (ICDs) in Europe and other international markets. The company had received CE Mark approval for these devices in October 2010. Boston Scientific expects  to receive approval for these products from the US Food and Drug Administration (FDA) in late 2011 or early 2012. Cardiac Rhythm Management (CRM) is the second biggest … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Macerich Misses Estimates Posted: 10 May 2011 12:02 PM PDT The Macerich Company (NYSE:MAC), a fully integrated real estate investment trust (REIT), reported first quarter 2011 FFO (fund from operations) of $73.7 million or 52 cents per share, compared with $71.6 million or 66 cents in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income. The reported FFO for the quarter missed the Zacks Consensus Estimate by 6 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Siemens Gets Rail Order Posted: 10 May 2011 12:02 PM PDT Germany’s Deutsche Bahn has negotiated a purchase contract with Siemens AG (NYSE:SI) to immediately procure 130 ICx-dubbed high-speed trains according to an agreement valid until 2030 and plans to procure an additional 90 trains. The order value for the 220 trains equals to about six billion euros. Bombardier Inc, an aircraft maker based in Canada, has received a contract of $3 billion from Siemens AG for making shells and other components for high-speed trains. The trains will be supplied to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Salix Driven By Xifaxan Posted: 10 May 2011 11:32 AM PDT Salix Pharmaceuticals, Ltd. (NASDAQ:SLXP) posted first quarter earnings of 34 cents per share, well above the Zacks Consensus Estimate of 18 cents. Salix had reported a loss of 33 cents in the year-ago quarter. Higher revenues drove results. Although first quarter revenues increased 140.3% to $105.9 million, revenues fell short of the Zacks Consensus Estimate of $110 million. However, revenues exceed the company's guidance of $100 million. Quarter in Detail Salix' first quarter performance was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growing Comps At McDonald’s Posted: 10 May 2011 11:27 AM PDT McDonald’s Corp. (NYSE:MCD) posted global comparable sales growth of 6.0% in April, on the heels of strong beverage sales as well as new menu offerings and promotional activities. The fast-food restaurant operator witnessed a relatively upward movement across the board on a year-over-year basis. Comparable sales growth stepped upfrom 4.9% in April 2010 and 3.6% from March 2011. Geographically, Europe and Asia/Pacific, Middle East and Africa (APMEA) were the major contributors to the month's … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dynegy Loss 4th Straight Quarter Posted: 10 May 2011 11:27 AM PDT Dynegy Inc. (NYSE:DYN) reported a first quarter adjusted loss of 40 cents per share, a penny more than the Zacks Consensus Estimate. Results also came below the year-ago quarterly earnings of 13 cents per share. Dynegy's first quarter 2011 results marked its fourth consecutive quarter of loss. The company's net adjusted loss in the quarter was $47.8 million, which excluded an after-tax mark-to-market gain of $1.8 million and an increase in depreciation and amortization expense of $31 million. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

St Joe Improves With Timber Sales Posted: 10 May 2011 11:27 AM PDT The St. Joe Company (NYSE:JOE), a publicly held real estate company, reported a net income of $14.1 million or 15 cents per share in the first quarter of 2011 compared with a net loss of $11.4 million or 13 cents in the year-earlier quarter. The superior results were primarily due to a pre-tax gain of $50.3 million or 36 cents per share net of tax from the sale of a 40,975 acre timber deed. For the first quarter of 2011, total revenues stood at $73.4 million compared to $13.3 million in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down In U.S. Trade Posted: 10 May 2011 11:15 AM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Tuesday.<br/><br/> AUD/USD was trading at 1.0799, down 0.08% at time of writing.<br/><br/> The pair was likely to find support at 1.0538, Thursday&rsquo;s low, and resistance at 1.0819, today&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was down against the Euro and up against the Japanese Yen, with EUR/AUD gaining 0.12% to hit 1.3309 and AUD/JPY rising 0.46% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Debt Ceiling Still Has Time Posted: 10 May 2011 11:02 AM PDT Congress will gain some extra time in saving the U.S. from hitting the debt ceiling as the Treasury is on the verge of taking extraordinary measures, Reuters reported today. Among other actions, the Treasury is expected to temporarily suspend investments in federal pension funds to free up money to enhance the country's borrowing ability, the source said. An immediate action was necessary to allow the government some time to protect the country from defaulting on its obligations. As a result, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Citi Now Trades Over $40 Posted: 10 May 2011 11:02 AM PDT Shares of Citigroup Inc. (NYSE:C) were ultimately in the mid $40 range this Monday, the first time since late 2007. No, it's not an appreciation of the stock price but the result of a 1-for-10 reverse stock split that became effective after the close of trading on May 6. The financial crisis, which led to significant losses at Citi and resulted in the company taking a huge bailout from the government to avoid failure, resulted in a major plunge in its stock price since late 2007. Following the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Tenet Rejects CYH’s Final Bid Posted: 10 May 2011 11:02 AM PDT After the third rejection by Tenet Healthcare Corporation (NYSE:THC), its rival hospital operator Community Health Systems, Inc. (NYSE:CYH) has finally withdrawn its $3.5 billion offer to acquire Tenet. In addition, Community Health has pulled out its 10 nominees for Tenet's board of directors for Tenet's 2011 board meeting. Tenet has rejected the revised proposal from Community Health on May 2 to acquire all of the outstanding shares of Tenet for $7.25 per share in cash. Tenet believes that the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Down During The U.S. Session Posted: 10 May 2011 10:45 AM PDT Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Tuesday.<br/><br/> NZD/USD was trading at 0.7920, down 0.45% at time of writing.<br/><br/> The pair was likely to find support at 0.7817, Thursday&rsquo;s low, and resistance at 0.7973, Friday&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.32% to hit 1.3629 and EUR/NZD rising 0.45% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bullish Player Takes Profits, Injects Fresh Optimism In Sanofi-Aventis Options Posted: 10 May 2011 10:43 AM PDT Bullish player takes profits, injects fresh optimism in Sanofi-Aventis options Today's tickers: SNY, DELL, HTZ & GT (NYSE:SNY) – Sanofi-Aventis – The French drug manufacturer popped up on our 'hot by options volume' market scanner this morning after one strategist extended bullish sentiment on the stock. Shares in Sanofi-Aventis rallied earlier in the session, but currently stand 0.35% lower on the day at $39.55 as of 11:30am in New York. The vaccines division of the pharmaceutical … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bullish Player Takes Profits, Injects Fresh Optimism In Sanofi-Aventis Options Posted: 10 May 2011 10:43 AM PDT Bullish player takes profits, injects fresh optimism in Sanofi-Aventis options Today's tickers: SNY, DELL, HTZ & GT (NYSE:SNY) – Sanofi-Aventis – The French drug manufacturer popped up on our 'hot by options volume' market scanner this morning after one strategist extended bullish sentiment on the stock. Shares in Sanofi-Aventis rallied earlier in the session, but currently stand 0.35% lower on the day at $39.55 as of 11:30am in New York. The vaccines division of the pharmaceutical … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dril-Quip Beats Consensus Posted: 10 May 2011 10:42 AM PDT Dril-Quip Inc.'s (NYSE:DRQ) adjusted first-quarter 2011 earnings of 58 cents per share beat the Zacks Consensus Estimate by a penny. However, quarterly earnings dropped 18% from the year-ago adjusted profit level of 71 cents a share. The year-over-year disappointment is primarily a repercussion of the the Deepwater Horizon incident as well as project delays. Higher selling, general and administrative (SG&A), engineering and product development expenses as well as depreciation and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bullish Player Takes Profits, Injects Fresh Optimism In Sanofi-Aventis Options Posted: 10 May 2011 10:40 AM PDT Bullish player takes profits, injects fresh optimism in Sanofi-Aventis options Today's tickers: SNY, DELL, HTZ & GT (NYSE:SNY) – Sanofi-Aventis – The French drug manufacturer popped up on our 'hot by options volume' market scanner this morning after one strategist extended bullish sentiment on the stock. Shares in Sanofi-Aventis rallied earlier in the session, but currently stand 0.35% lower on the day at $39.55 as of 11:30am in New York. The vaccines division of the pharmaceutical … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NetApp Completes LSI Unit Buy Out Posted: 10 May 2011 10:32 AM PDT NetApp Inc. (NASDAQ:NTAP) has completed the acquisition of the external storage systems business of LSI Corporation (NYSE:LSI) for a cash value of $480.0 million. California-based LSI designs, develops and markets complex high-performance semiconductors and storage systems. Its technology provides storage capacity, speed, reliability and power saving to users. LSI reports revenues in two segments –– Semiconductors and Storage Systems. The external storage systems business of LSI Corp. develops and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Federal Realty Reports Mixed 1Q Posted: 10 May 2011 10:32 AM PDT Federal Realty Investment Trust (NYSE:FRT) reported first quarter 2011 FFO (funds from operations) of $61.3 million or 99 cents per share compared with $57.8 million or 94 cents per share in the year-earlier quarter. Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income. The reported quarterly FFO was in line with the Zacks Consensus Estimate. Total revenues during the quarter … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Target’s Sales Rise Posted: 10 May 2011 10:32 AM PDT Target Corporation (NYSE:TGT), the operator of general merchandise and food discount stores in the United States, recently posted sales results for the four-week period ended April 30, 2011. The company's comparable-store sales jumped 13.1% for April 2011, following a decline of 5.5% in March 2011. The comparable-store sales also remained substantially higher compared to the 5.9 % drop witnessed in April 2010. Year-to-date comparable-store sales climbed 2% versus an increase of 2.8% experienced … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

PetMed Misses EPS, Profit Shrinks Posted: 10 May 2011 10:32 AM PDT PetMed Express (NASDAQ:PETS) has been bogged down with another disappointing quarter. The company reported an EPS of 19 cents for the fourth quarter of fiscal 2011, missing the Zacks Consensus Estimate of 22 cents and dropping by 30% from the year-ago quarter's 27 cents. For the full year, the EPS was 92 cents, way below the Zacks Consensus Estimate of 96 cents and year-ago EPS of $1.14. Net revenues of PetMed increased 1.2% year over year to $50.9 million, beating the Zacks Consensus Estimate of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

“The Market Wants To Go Higher” Posted: 10 May 2011 10:22 AM PDT 05/10/11 ICAP’s Kenneth Polcari weighs in on global fundamentals, margin requirements for commodities and M&A … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Strong Numbers From JA Solar Posted: 10 May 2011 10:02 AM PDT JA Solar Holdings Co. Ltd. (NASDAQ:JASO) announced adjusted earnings per American Depositary Share (EPADS) of 41 cents in its first quarter of 2011, which beat the Zacks Consensus Estimate of 33 cents. Results also comfortably beat the year-ago adjusted earnings per ADS of 24 cents. Quarterly Performance JA Solar's revenues in the reported quarter were $556.4 million ahead of the Zacks Consensus Estimate of $555 million. Revenues also were greater by 91.2% versus $290.9 million reported in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Yen Declines On Global Equity & Commodity Rise Posted: 10 May 2011 05:00 AM PDT 05/10/11 Risk aversion rebounded this session with the Japanese yen taking a hit, this as global equities and commodity prices continue to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down In U.S. Trade Posted: 10 May 2011 10:00 AM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Tuesday.<br/><br/> GBP/USD was trading at 1.6330, down 0.45% at time of writing.<br/><br/> The pair was likely to find support at 1.6271, Monday&rsquo;s low, and resistance at 1.6544, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.39% to hit 0.8791 and GBP/JPY falling 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

UCB’s Cimzia Impresses Posted: 10 May 2011 09:57 AM PDT UCB (UCBJF) recently reported positive data on Cimzia (certolizumab pegol) from a post-hoc analysis of a late-stage trial – RAPID 2. The results were published in the Annals of Rheumatic Diseases. We note that Cimzia is currently marketed as a treatment for moderate-to-severe Crohn’s disease (CD) in the US and Switzerland and rheumatoid arthritis (RA) in the US and European Union (EU). The RAPID 2 study enrolled patients with active RA who showed inadequate responses to methotrexate (MTX) … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Arch Coal Adds Singapore Branch Posted: 10 May 2011 09:57 AM PDT Coal miner Arch Coal Inc. (NYSE:ACI) continues to expand its presence in the Asia-Pacific region with the opening of its subsidiary in Singapore. Arch Coal's new subsidiary will operate by the name Arch Coal Asia-Pacific Pte. Ltd. Arch Coal said that the countries in the Asia-Pacific region are riding a coal market supercycle. With a wide presence in the growing Asia-Pacific region, Arch Coal expects to extend its reach and seize new market opportunities as developing countries have a growing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

MarkWest Misses Estimates Posted: 10 May 2011 09:57 AM PDT Pipeline operator MarkWest Energy Partners L.P. (NYSE:MWE) incurred a profit per unit (excluding marked-to-market derivative loss and compensation expense) of 9 cents in the first quarter of 2011. The results were nowhere near the Zacks Consensus Estimate of a profit of 37 cents and were down from 47 cents per unit earned on an adjusted basis in the year-earlier quarter. Quarterly revenue came in at $263.2 million, down 14.7% from first quarter 2010 and way below our projection of $341.0 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Markets Close Higher; Dax Up 1.23% Posted: 10 May 2011 09:55 AM PDT Forex Pros – European stocks were up after the closing bell on Tuesday.<br/><br/> At the close of European trade, Germany&rsquo;s DAX rose 1.23%, London&rsquo;s FTSE 100 gained 1.28%, France&rsquo;s CAC 40 climbed 1.13% and the EURO STOXX 50 was up 1.26%.<br/><br/> Meanwhile, on Wall Street, equity markets were up after the open. The Dow Jones Industrial Average was up 0.36%; the S&P 500 index gained 0.53%, while the Nasdaq 100 index climbed … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bonds Mark Time Posted: 10 May 2011 09:40 AM PDT Government bond prices remained stubbornly buoyant despite an ongoing rebound from last week's 11% slump in global commodity prices. Equity markets too are resilient with investors lifting prices back towards last week's highs, the best performance in three years. Most investors seem reluctant to shake off their affair with bonds despite what appears to be a buoyant body of evidence that would suggest the onset of inflation and subsequently rising yields. Eurodollar futures – The yield on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Airgas Buys Pain Enterprises Posted: 10 May 2011 09:32 AM PDT Airgas Inc. (NYSE:ARG) has expanded its dry ice and liquid carbon dioxide business throughout the Midwest with the acquisition of the maker and distributor of dry ice and carbon dioxide, Pain Enterprises Inc. The terms of the transaction were, however, not disclosed. Bloomington, Indiana-based Pain Enterprises Inc. serves a wide range of customers, including the food and beverage industry, hospitals, and industrial and chemical manufacturers. Pain generated annual revenues of about $33 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Luminex Tops Ests, Profit Cruises Posted: 10 May 2011 09:32 AM PDT Luminex Corporation (NASDAQ:LMNX), a developer of biological testing technologies, posted first-quarter fiscal 2011 earnings per share of 11 cents, comfortably beating the Zacks Consensus Estimate of 6 cents and exceeding the year-ago earnings of 5 cents. Profit more than doubled year over year to roughly $4.5 million owing to higher sales. Revenues shot up 30% year over year to $43.3 million, ahead of the Zacks Consensus Estimate of $40 million. The growth was led by solid consumables and assay … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

TGI Beats Estimate, Outlook Strong Posted: 10 May 2011 09:32 AM PDT Triumph Group Inc. (NYSE:TGI) reported encouraging results for the fourth quarter and fiscal 2011 ended March 31, 2011. Fourth quarter earnings per share came in at $2.14, showing an improvement from $1.49 in the year-ago comparable quarter even after excluding 3 cents of integration cost related to the Vought acquisition. Results also surpassed the Zacks Consensus Estimate of $1.89. For fiscal 2011, earnings per share were $7.08, up from $5.12 in the previous year and fairly ahead of the Zacks … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Is It A Buyer’s Or Seller’s Market In Raleigh? Posted: 10 May 2011 09:19 AM PDT The press often comments on the health of the real estate market.  This is true regardless of the medium – TV, newspaper, magazine or the World Wide Web.  Their opinion on whether we are in a buyer's or seller's market is usually based on limited data. What data does the press use to base their comments?  In my experience it's usually a comparison between the current month and the prior month or the current month compared with the same month a year ago.  More … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Scorecard: Bristol-Myers Posted: 10 May 2011 09:07 AM PDT Following the release of first quarter 2011 results on April 28, 2011, there have been significant revisions to the annual estimates for Bristol-Myers Squibb Company (NYSE:BMY) for 2011 and 2012 by a majority of the analysts covering the pharma major. Revisions have a significant upward bias especially for 2011 and also for 2012. The upward bias is primarily attributable to the encouraging efforts of the company to combat the loss of revenues that will arise once its key drugs, particularly the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Loss Narrows At MannKind Posted: 10 May 2011 09:07 AM PDT MannKind Corporation's (NASDAQ:MNKD) first quarter 2011 net loss of $0.34 per share was narrower than the year-ago loss of $0.40. The Zacks Consensus loss Estimate was $0.29. The narrower year-over-year loss was attributable to lower expenses incurred on research and development (R&D) in the reported quarter. MannKind reported negligible revenues of $0.05 million in the first quarter of 2011. The company did not report any revenues in the comparable quarter of 2010. R&D spend in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NVIDIA To Acquire Icera Posted: 10 May 2011 09:02 AM PDT Leading visual computing technologies and graphic chip manufacturing company, NVIDIA Corporation (NASDAQ:NVDA) recently declared its intention of acquiring U.K-based data-modem chip manufacturer Icera Inc. for $367 million in cash. This acquisition is expected to enhance the company's Tegra processing chips, and provide the much-needed competitive edge over its prime competitor Qualcomm Inc., (NASDAQ:QCOM), which already provides both processing and modem chips for portable devices. NVIDIA also expects … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Activision Beats, Ups 2011 Outlook Posted: 10 May 2011 09:02 AM PDT Activision Blizzard Inc. (NASDAQ:ATVI) reported robust fiscal first quarter 2011 results that beat the Zacks Consensus Estimate on both the top and bottom lines. Activision earned 12 cents per share (including stock-based compensation but excluding one-time items), way ahead of the Zacks Consensus Estimate of 6 cents and management's guidance of 7 cents. Reported earnings rose 71.4% from the year-ago quarter. First quarter results were driven by its top franchises, like Call of Duty and World of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Mixed Results From Dean Foods Posted: 10 May 2011 09:02 AM PDT Dean Foods Company’s (NYSE:DF) adjusted earnings per share for the first quarter fiscal 2011 came in at 14 cents, well behind 23 cents recorded in the year-ago quarter but beating the Zacks Consensus Estimate of 6 cents a share. Quarterly Discussion Dean Foods' quarterly net sales grew 2.9% year over year to $3,049.9 million, missing the Zacks Consensus Estimate of $3,058.0 million. The growth was primarily a pass-through of increased commodity costs at Fresh Dairy Direct-Morningstar to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Demag Shareholder Objects To Terex Bid Posted: 10 May 2011 09:02 AM PDT Just as Demag management was mulling over the proposed buyout offer from Terex Corp. (NYSE:TEX) for 884 million euros ($1.3 billion), the crane maker's biggest shareholder, Cevian, labeled the deal as grossly inadequate. Cevian cited that ever since the bid was announced on May 2, 2011, Demag shares have traded above the bid per share of 41.75 euros. Cevian's remonstrance has created pressure on Terex to sweeten its offer price. The Swedish investor, Cevian’s stake of just over 10% in Demag … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Macy’s Posted: 10 May 2011 09:02 AM PDT Macy's, Inc. (NYSE:M), one of the leading department store retailers in the United States, is scheduled to report its first-quarter 2011 financial results before the bell on Wednesday, May 11, 2011. The current Zacks Consensus Estimate for the quarter is 18 cents a share. For the quarter under review, the Zacks Consensus estimates revenue at $5,844 million. Fourth-Quarter 2010, a Synopsis On February 22, 2011, Macy's posted fourth-quarter 2010 results that topped the Zacks expectations. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Wright Beats, Swings To Black Posted: 10 May 2011 09:02 AM PDT Orthopedic devices maker, Wright Medical Group (NASDAQ:WMGI) reported first-quarter fiscal 2011 (excluding one-time items other than stock-based compensation expense) earnings per share of 19 cents, narrowly beating the Zacks Consensus Estimate of 18 cents while exceeding the year-ago earnings of 16 cents. The company swung to profit in the quarter owing to higher sales and lower costs. It has posted a net income of $3.6 million (or 9 cents per share) in the reported quarter versus a net loss of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Nordstrom Posted: 10 May 2011 09:02 AM PDT Nordstrom Inc. (NYSE:JWN) is scheduled to release its first-quarter 2011 results on Thursday, May 12, 2011. The Zacks Consensus Estimate is 66 cents a share for the first quarter of fiscal 2011. This represents a year-over-year estimated growth of 26.9%. Fourth Quarter Performance       Nordstrom posted earnings growth of 35.0% to reach $1.04 per share in the fourth quarter of fiscal 2010 from 77 cents per share earned in the year-ago period. Earnings per share beat the Zacks … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

China’s Trade Surplus Grows, Again Posted: 10 May 2011 09:00 AM PDT 05/10/11 According to China’s General Administration of Customs, China’s trade surplus grew for a second month in a … [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: 10 May 2011 09:00 AM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4358, down 0.05% at time of writing.<br/><br/> The pair was likely to find support at 1.4255, Monday&rsquo;s low, and resistance at 1.4898, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.40% to hit 0.8792 and EUR/JPY rising 0.42% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Up Toward The End Of European Session Posted: 10 May 2011 08:40 AM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Tuesday.<br/><br/> USD/JPY was trading at 80.77, up 0.51% at time of writing.<br/><br/> The pair was likely to find support at 79.57, Thursday&rsquo;s low, and resistance at 80.93, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.02% to hit 1.4362 and GBP/USD falling 0.42% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: AUDUSD Remains Between The “Goal Posts” Posted: 10 May 2011 08:28 AM PDT When the 100 and 200 bar MA are a distance away from each other and the price moves above the 100 bar MA, there often is a reluctance break above what I call the confirming moving average – or 200 hour MA (green line in the chart above).  The market is saying " the trend was down. Now the price has rebounded sharply. However, it is too early to push the price too far."  As a result, traders take profit against the 200 bar MA (green line in the chart above) and wait for a break of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down Toward The End Of European Session Posted: 10 May 2011 08:25 AM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Tuesday.<br/><br/> GBP/USD was trading at 1.6343, down 0.38% at time of writing.<br/><br/> The pair was likely to find support at 1.6271, Monday&rsquo;s low, and resistance at 1.6544, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.30% to hit 0.8783 and GBP/JPY rising 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Optimer Beats On One-Time Gain Posted: 10 May 2011 08:22 AM PDT Optimer Pharma's (NASDAQ:OPTR) first quarter 2011 earnings of $1.14 per share tellingly reversed the year-ago loss of 39 cents per share and exceeded the Zacks Consensus Estimate of 30 cents. The earnings beat was due to a huge increase in the top-line in the reported quarter. In the first quarter, revenues were $69.3 million versus $0.30 million in the prior-year quarter. Optimer does not have any marketed products at present. The substantial year-over-year growth was due to the receipt of a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Word From The Floor: US Stocks Higher On M&A News Posted: 10 May 2011 08:01 AM PDT 05/10/11 Wall Street advanced at the open, as Microsoft announced it will acquire Skype for $8.5 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Below $102 On Inventory Concerns Posted: 10 May 2011 03:00 AM PDT 05/10/11 Front month crude prices traded below $102 this session on growing concerns over inventoy … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The European Session Posted: 10 May 2011 08:00 AM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4355, down 0.07% at time of writing.<br/><br/> The pair was likely to find support at 1.4255, Monday&rsquo;s low, and resistance at 1.4898, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.28% to hit 0.8782 and EUR/JPY rising 0.30% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USDJPY Bounces Against Trendline Resistance. Watching 80.69 Posted: 10 May 2011 07:41 AM PDT The USDJPY has been pushing against the "old" trendline resistance. In the London morning session the price moved above the trendline and approached the 200 hour MA line (green line in the chart above). The price found sellers against the level and moved back below the trendline.  Since that time the price stayed above the 100 hour MA (blue line in the chart above) but has mainly pushed the upside trendline. Clearly, the pair is torn at the moment as the dollar weakness below the lows … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Up In European Trading Hours Posted: 10 May 2011 07:40 AM PDT Forex Pros – The British Pound was higher against the Japanese Yen on Tuesday.<br/><br/> GBP/JPY was trading at 131.90, up 0.04% at time of writing.<br/><br/> The pair was likely to find support at 130.92, Thursday&rsquo;s low, and resistance at 133.21, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the U.S. Dollar and the Euro, with GBP/USD shedding 0.28% to hit 1.6359 and EUR/GBP rising 0.24% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AFC Energy Signs Fire Prevention Deal For Alkaline Fuel Cells Posted: 10 May 2011 01:46 AM PDT AFC Energy (LON:AFC) , the AIM quoted cleantech group behind the development of alkaline fuel cells, has signed a binding Heads of Terms agreement with German company N2telligence GmbH over the use of alkaline fuel cells for fire protection. N2telligence has developed a system of using nitrogen rich exhaust air from fuel cells as a means of reducing the risk of fire in the likes of data centres, archives and museums. Under the terms of the agreement the two sides will work together on an … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Microsoft Issues May Security Update Posted: 09 May 2011 10:55 AM PDT 05/10/11 Microsoft’s May Patch will contain only two bulletins. A critical update will be issued for the Windows server, while an important update will fix a flaw in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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