DailyMarkets.com - Forex – USD/JPY Up In European Trade
DailyMarkets.com - Forex – USD/JPY Up In European Trade |
- Forex – USD/JPY Up In European Trade
- Forex – EUR/USD Down In European Trading Hours
- Forex Trading: EUR/USD Testing Support @ 1.45316
- Forex – GBP/USD Down During The European Session
- Czech Central Bank Holds Rate At 0.75%
- Asian Markets Close Lower; Nikkei Down 1.45%
- Forex – USD/CHF Down On Economic Data
- Ameren Misses Ests, Backs View
- Ameren Misses Ests, Backs View
- Growth & Income Stock: Sensient Technologies Corporation
- Momentum Stock: Caterpillar, Inc.
- Bull Of The Day: Interactive Brokers Group (IBKR)
- Bear Of The Day: Big Five Sporting Goods (BGFV)
- Aggressive Growth Stock: Transcend Services
- Switzerland’s Unemployment Rate Falls More-than-expected
- Forex – EUR/USD Up During The Asian Session
- GBP/USD Daily Fundamental Analysis For May 6, 2011
- Forex – GBP/USD Up In Asian Trade
- Forex – EUR/CHF Up In Asian Trading Hours
- Forex – USD/CHF Up During Asian Trade
- Forex – EUR/GBP Up During The Asian Session
- Forex – USD/JPY Up During Asian Trade
- Forex – USD/CAD Down In Asian Trading Hours
- Forex – AUD/USD Up During Asian Trade
- Forex – EUR/USD Up During The Asian Session
- Forex – EUR/JPY Up During Asian Trade
- Long And Short Of It
- Forex – GBP/JPY Up During The Asian Session
- Stock Market Summary For Thursday, May 5, 2011
- Forex – NZD/USD Up In Asian Trade
- Interactive Upgraded To Outperform
- Vulcan Posts Wider Loss In 1Q
- Andersons’ 1Q Beats Estimate
- Mixed Results From El Paso
- Goldcorp Profit Surges
- $160M Blow For UBS In Muni Case
- Limited Shorts
- Airgas Reports Sound Results
- Williams Ahead, Raises Guidance
- FDA Approves Abbott’s AndroGel
- Numbers Slide At CentrePoint
- Transocean Continues To Slide
- GM Recalls 2011 Chevy Cruze Vehicles
- Prudential Gains Past Estimates
- Fresenius Misses, Ups Guidance
- The Day Ahead: US Employment Report; Earnings – Berkshire Hathaway, Constellation Energy, Alcoa Shareholder Meeting
- Hot Option Plays: Straddle Pricing Can Reveal Clues
- Acquisitions Dent PPL’s Results
- BMC Reports Decent 4Q
- Covance Beats Zacks Estimates
- Vivus Loss Narrower Than Expected
- Teradata Misses, Raises Guidance
- The GBP/JPY Is Almost Done With A Zig Zag Correction
- Friday’s Stocks To Watch And Trading Ideas
- Molina Goes For Stock Split
- Ameren Misses Ests, Backs View
- Reiterating ZOLL At Neutral
- MetLife Progresses With ALICO
- Cousins Reports Mixed Results
- BofA Closes Unit, Cuts Jobs
- Other Voices: On Taxes, Environment, Oil & Debt
- Higher Margins Fuel Tesoro Profit
- Stock Market Summary For Thursday, May 5, 2011 Special Alert On Short Candidates
- Truck Tonnage Increases 6.3% In March
- Forex – EUR/USD Down At The End Of U.S. Session
- Forex – USD/JPY Down Toward The End Of U.S. Session
- Analyst Interviews: Insurance Industry Stock Update
- Murphy Oil Beats On Bottom Line
- Estee Lauder Beats Ests 25%
- NRG Profits Up, Guidance Lifted
- Ericsson Gets Network Contract
- Guy Thomas’ Free Capital: At Last, A True To Life Account Of UK Investing
- Forex – EUR/USD Down Toward The End Of U.S. Session
- U.S. Markets Close Lower; Dow Jones Down 1.10%
- Traffic Volume Increases In February For 9th Month
- Magna Beats, Profits Up 44%
- FDA Nod For J&J Cancer Drug
- Frontier Meets EPS, Revs Short
- Forex – GBP/USD Down During The U.S. Session
- Vertex Posts Wider Loss
- Integrys Excels, But Misses Ests.
- Quanta Services Underperforms
- Divergences And Three Push Pattern Reversal In Crude Oil
- Forex – USD/CAD Up In U.S. Trade
- Now Is The Time For Grupo TMM
- Siemens Gains On Areva Stake Sale
- TRW Improves On High Volume
- Garmin Thrashes Estimates In Q1
- PSEG Beats EPS, Reaffirms Outlook
- Forex – EUR/USD Down In U.S. Trading Hours
- Bulk Tonnage Gold Zones Continue To Be Discovered At Pokukrom East
- Scripps Networks Outperforms
- Kimco Reports In Line
- Denbury Falls A Penny Short
- Ventas Beats Marginally
- Gold Is Challenging Its 2011 Bullish Momentum And Rising Channel
- Hot Option Plays: When One Commodity Goes, The Rest Follow
- Forex – AUD/USD Down In U.S. Trade
- AMR Corp. Call Buyers Abound
- Hot Topic Sales On Top
- CVS Beats Estimates, Reaffirms
- ACE Beats Bottom-Line Estimate
- Forex – NZD/USD Down During The U.S. Session
- Zumiez Sales Whoosh
- Apple Updates IPhone Software
- Productivity Slows, But Beats
- Rick Davis’ MUST READ American Consumer Review
- Progress Energy’s Lopsided Progress
- Higher-than-Expected Loss At Onyx
- Thoratec Posts Mixed Bag
- Mixed Results From Silgan
- “Disappointing Reports…created Nervousness”
- European Central Bank Holds Rate Unchanged At 1.25%
- Gentiva Misses Estimates
- Plains Beats, Updates Guidance
- PCG Misses, Keeps Dividend Steady (revised)
- Bank Of England Holds Rate At 0.50%
- Dollar Rebounds On Risk Aversion
- Forex – GBP/USD Down In U.S. Trade
- Malaysia Central Bank Increases Rate 25bps To 3.00%
- CIGNA Posts All-Around Growth
- NRP Beats Estimates
- AMAG Revs Miss; Maintains 2011 View
- European Markets Mixed At Close; Dax Up 0.04%
- Philippine Central Bank Hikes Rate 25bps To 4.50%
- Jobless Claims Spike Due To Seasonal Adjustment?
- Fergus Kee Puts Fitbug Holdings Though Its Paces
- Morning News Notes: 5.5.11
- Time-Segmented Market Analysis With Lunar Phases
| Forex – USD/JPY Up In European Trade Posted: 06 May 2011 02:30 AM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Friday.<br/><br/> USD/JPY was trading at 80.36, up 0.36% 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 down against the Euro and up against the British Pound, with EUR/USD gaining 0.03% to hit 1.4537 and GBP/USD falling 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – EUR/USD Down In European Trading Hours Posted: 06 May 2011 01:55 AM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4522, down 0.07% at time of writing.<br/><br/> The pair was likely to find support at 1.4508, today’s low, and resistance at 1.4940, Wednesday’s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.06% to hit 0.8863 and EUR/JPY rising 0.31% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex Trading: EUR/USD Testing Support @ 1.45316 Posted: 06 May 2011 01:19 AM PDT We've seen whippy price action in the euro in recent trade as ECB members such as Nowotny and Kranjec comment on future rate decisions. Since the severe selling we saw yesterday afternoon, there has been come consolidation in the pair between 1.45884 and 1.45095 as the market awaits the ever important U.S. non-farm payroll number which will be released a little over four hours from now. As the pair currently tests support, if we see further selling we will look to 1.45095 as our first … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – GBP/USD Down During The European Session Posted: 06 May 2011 01:10 AM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Friday.<br/><br/> GBP/USD was trading at 1.6365, down 0.13% 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/> Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.12% to hit 0.8879 and GBP/JPY rising 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Czech Central Bank Holds Rate At 0.75% Posted: 06 May 2011 12:55 AM PDT The Ceska Narodni Banka (CNB) kept the two-week repurchase rate unchanged at 0.75% as inflation remained below target. The Czech Republic reported annual inflation of 1.7% in March this year, up from 1.8% in February, and above the Bank’s official inflation target of 2%. The Bank also maintained the the discount rate unchanged at 0.25% and the Lombard rate at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Asian Markets Close Lower; Nikkei Down 1.45% Posted: 06 May 2011 12:00 AM PDT Forex Pros – Asian stocks were down after the closing bell on Friday.<br/><br/> At the close of Asian trade, Japan’s Nikkei 225 index fell 1.45%, Australia’s S&P/ASX 200 index shed 0.17%, while Hong Kong’s Hang Seng Index was trading 0.38% down.<br/><br/> Meanwhile, the outlook for U.S. equity markets was upbeat. Dow Jones Industrial Average futures indicated a gain of 0.42%, S&P 500 futures pointed to an increase of 0.44% and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – USD/CHF Down On Economic Data Posted: 05 May 2011 11:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Friday after the release of Swiss data on Unemployment Rate.<br/><br/> USD/CHF was trading at 0.8695, down 0.14% at time of writing.<br/><br/> The pair was likely to find support at 0.8554, Wednesday’s low, and resistance at 0.8714, Thursday’s high.<br/><br/> Earlier in the day, official data showed that The rate of unemployment in Switzerland fell more-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Ameren Misses Ests, Backs View Posted: 05 May 2011 11:02 PM PDT Before the bell, Ameren Corporation (NYSE:AEE) reported its first quarter 2011 results. In the reported quarter, the company with pro forma earnings of 25 cents a share missed the Zacks Consensus Estimate of 37 cents as well as the year-ago figure of 40 cents a share.
|
| Ameren Misses Ests, Backs View Posted: 05 May 2011 11:02 PM PDT Before the bell, Ameren Corporation (NYSE:AEE) reported its first quarter 2011 results. In the reported quarter, the company with pro forma earnings of 25 cents a share missed the Zacks Consensus Estimate of 37 cents as well as the year-ago figure of 40 cents a share.
|
| Growth & Income Stock: Sensient Technologies Corporation Posted: 05 May 2011 11:02 PM PDT Sensient Technologies Corporation (NYSE:SXT) carried its momentum into the first quarter of 2011 and delivered its 6th consecutive positive earnings surprise.
|
| Momentum Stock: Caterpillar, Inc. Posted: 05 May 2011 11:02 PM PDT Caterpillar, Inc. (NYSE:CAT) is fresh off the heels of a new all-time high after reporting an impressive Q1 earnings surprise of 41%. With four consecutive earnings surprises and a bullish growth projection, this Zacks #1 rank stock is mining for momentum.
|
| Bull Of The Day: Interactive Brokers Group (IBKR) Posted: 05 May 2011 11:02 PM PDT We are upgrading our recommendation on Interactive Brokers Group (NASDAQ:IBKR) to Outperform based on substantially better-than-expected first quarter results with the rebound of Market Making and continuous growth in Electronic Brokerage. The initiation of a quarterly dividend was also an impressive move.
|
| Bear Of The Day: Big Five Sporting Goods (BGFV) Posted: 05 May 2011 11:02 PM PDT Big 5 Sporting Goods (NASDAQ:BGFV) earnings of $0.13 per share for the first quarter 2011 missed the Zacks Consensus Estimate of $0.19, and also fell short of its own guidance range of $0.15 to $0.22 per share. The company posted a 43.5% decline in the earnings due to lower same-store sales and higher operating expenses.
|
| Aggressive Growth Stock: Transcend Services Posted: 05 May 2011 11:02 PM PDT Transcend Services (NASDAQ:TRCR) just topped analyst expectations yesterday and shares are on the rise. Even though estimates haven’t started coming in yet, the stocks still has great growth rates and valuations.
|
| Switzerland’s Unemployment Rate Falls More-than-expected Posted: 05 May 2011 11:00 PM PDT Forex Pros – The rate of unemployment in Switzerland fell more-than-expected last month, official data showed on Friday.<br/><br/>In a report, State Secretariat for Economic Affairs said that Switzerland’s unemployment rate fell to a seasonally adjusted 3.1%, from 3.3% in the preceding month.<br/><br/>Analysts had expected Switzerland’s unemployment rate to fall to 3.2% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – EUR/USD Up During The Asian Session Posted: 05 May 2011 10:50 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4566, up 0.22% at time of writing.<br/><br/> The pair was likely to find support at 1.4510, Thursday’s low, and resistance at 1.4940, Wednesday’s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.16% to hit 0.8882 and EUR/JPY rising 0.78% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| GBP/USD Daily Fundamental Analysis For May 6, 2011 Posted: 05 May 2011 10:46 PM PDT By ForexMansion.com
|
| Forex – GBP/USD Up In Asian Trade Posted: 05 May 2011 10:25 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Friday.<br/><br/> GBP/USD was trading at 1.6401, up 0.09% at time of writing.<br/><br/> The pair was likely to find support at 1.6359, Thursday’s low, and resistance at 1.6739, Monday’s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.15% to hit 0.8881 and GBP/JPY rising 0.57% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – EUR/CHF Up In Asian Trading Hours Posted: 05 May 2011 10:00 PM PDT Forex Pros – The Euro was higher against the Swiss Franc on Friday.<br/><br/> EUR/CHF was trading at 1.2669, up 0.09% at time of writing.<br/><br/> The pair was likely to find support at 1.2630, Thursday’s low, and resistance at 1.2877, Monday’s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.12% to hit 1.4550 and EUR/JPY rising 0.60% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – USD/CHF Up During Asian Trade Posted: 05 May 2011 09:40 PM PDT Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Friday.<br/><br/> USD/CHF was trading at 0.8709, up 0.02% at time of writing.<br/><br/> The pair was likely to find support at 0.8554, Wednesday’s low, and resistance at 0.8714, Thursday’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and up against the Japanese Yen, with EUR/USD gaining 0.10% to hit 1.4547 and USD/JPY rising 0.51% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – EUR/GBP Up During The Asian Session Posted: 05 May 2011 09:20 PM PDT Forex Pros – The Euro was higher against the British Pound on Friday.<br/><br/> EUR/GBP was trading at 0.8872, up 0.05% at time of writing.<br/><br/> The pair was likely to find support at 0.8859, Monday’s low, and resistance at 0.9042, Thursday’s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.03% to hit 1.4537 and EUR/JPY rising 0.43% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – USD/JPY Up During Asian Trade Posted: 05 May 2011 08:40 PM 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 0.54% 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 down against the Euro and the British Pound, with EUR/USD gaining 0.12% to hit 1.4551 and GBP/USD rising 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – USD/CAD Down In Asian Trading Hours Posted: 05 May 2011 08:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Friday.<br/><br/> USD/CAD was trading at 0.9655, down 0.16% at time of writing.<br/><br/> The pair was likely to find support at 0.9448, Monday’s low, and resistance at 0.9713, Thursday’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.06% to hit 1.4542 and GBP/USD rising 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – AUD/USD Up During Asian Trade Posted: 05 May 2011 07:30 PM PDT Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Friday.<br/><br/> AUD/USD was trading at 1.0712, up 1.25% at time of writing.<br/><br/> The pair was likely to find support at 1.0538, Thursday’s low, and resistance at 1.1013, Monday’s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.93% to hit 1.3610 and AUD/JPY rising 1.75% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – EUR/USD Up During The Asian Session Posted: 05 May 2011 07:05 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4586, up 0.36% at time of writing.<br/><br/> The pair was likely to find support at 1.4510, Thursday’s low, and resistance at 1.4940, Wednesday’s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.17% to hit 0.8884 and EUR/JPY rising 0.86% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – EUR/JPY Up During Asian Trade Posted: 05 May 2011 06:35 PM PDT Forex Pros – The Euro was higher against the Japanese Yen on Friday.<br/><br/> EUR/JPY was trading at 117.11, up 0.64% at time of writing.<br/><br/> The pair was likely to find support at 116.15, Thursday’s low, and resistance at 121.03, Monday’s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the British Pound, with EUR/USD gaining 0.21% to hit 1.4563 and EUR/GBP falling 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 05 May 2011 05:50 PM PDT A slowing economy. The high cost of food and other essentials. A dearth of job opportunities. The debt ceiling debate. Chaotic markets. Nowadays, there’s plenty of bad news to go around about near-term concerns. But it’s worth remembering, of course, that we also face significant long-term challenges. In ”Social Security TF – ‘The Economy Stinks,’” Bruce Krasting highlights one of them:
|
| Forex – GBP/JPY Up During The Asian Session Posted: 05 May 2011 05:45 PM PDT Forex Pros – The British Pound was higher against the Japanese Yen on Friday.<br/><br/> GBP/JPY was trading at 132.23, up 0.75% 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 down against the Euro, with GBP/USD gaining 0.19% to hit 1.6418 and EUR/GBP rising 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Stock Market Summary For Thursday, May 5, 2011 Posted: 05 May 2011 04:51 PM PDT The general stock market declined once again for the fourth straight session on the S&P 500 and Nasdaq Composite. Market breadth was negative and the action of investors showed them selling energy based shares and light crude oil declining over 9% to finish at approximately $99 after recently trading near the $115 area. The Nasdaq Composite showed some strength intra-day in today’s session as it spent the majority of the session in positive territory. Late day selling turned the Nasdaq … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – NZD/USD Up In Asian Trade Posted: 05 May 2011 04:50 PM PDT Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Thursday.<br/><br/> NZD/USD was trading at 0.7870, up 0.35% at time of writing.<br/><br/> The pair was likely to find support at 0.7817, today’s low, and resistance at 0.8120, Monday’s high.<br/><br/> Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.001% to hit 1.3490 and EUR/NZD falling 0.22% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Interactive Upgraded To Outperform Posted: 05 May 2011 04:37 PM PDT We are upgrading our recommendation on Interactive Brokers Group Inc. (NASDAQ:IBKR) to Outperform based on substantially better-than-expected first quarter results with the rebound of Market Making and continuous growth in Electronic Brokerage. The initiation of quarterly dividend was also an impressive move.
|
| Posted: 05 May 2011 04:32 PM PDT Vulcan Materials Company (NYSE:VMC) reported a net loss of 62 cents per share from continuing operations during the first quarter of 2011, deteriorating sharply from last year's net loss of 53 cents per share from continuing operations. The realized loss was much higher than the Zacks Consensus Estimate of a loss of 49 cents per share.
|
| Posted: 05 May 2011 04:32 PM PDT The Andersons Inc. (NASDAQ:ANDE) reported its record first quarter results delivering an EPS of 93 cents compared with 66 cents in the year-earlier quarter, beating the Zacks Consensus Estimate of 74 cents.
|
| Posted: 05 May 2011 04:32 PM PDT El Paso Corporation (NYSE:EP) announced its first-quarter 2010 operating earnings of 30 cents per share, higher than the Zacks Consensus Estimate by 2 cents. The results of the company were lower than year-ago earnings by 3 cents. GAAP earnings per share in the quarter were 8 cents versus 51 cents in the first quarter of 2010. The difference between the GAAP and operating earnings during the reported quarter was due to the impact of a few one-time items.
|
| Posted: 05 May 2011 04:32 PM PDT Goldcorp Inc.'s (GG) reported net earnings in the first quarter of 2011 were $651 million compared with $232 million in the first quarter of 2010. Adjusted net earnings were $397 million, or 50 cents per share compared with $159 million or 22 cents per share in the first quarter of 2010. Results exceeded the Zacks Consensus Estimate of 48 cents.
|
| $160M Blow For UBS In Muni Case Posted: 05 May 2011 04:32 PM PDT UBS AG (NYSE:UBS) has agreed to pay $160.3 million in an effort to reach a settlement with the regulators over allegations related to its fraudulent activities associated with the municipal bond derivative market.
|
| Posted: 05 May 2011 04:12 PM PDT I went to the movies this afternoon and saw, Limitless—PG-13 of course—to see how the main character deals with a serious case of writer's block. Not very well, since pharmaceuticals were involved. However, I recently tried one of those little 5-hour energy shots without apparent adverse consequences.
|
| Posted: 05 May 2011 04:02 PM PDT Airgas Inc. (NYSE:ARG) reported an EPS of 74 cents in the fourth quarter of fiscal 2011 versus 47 cents in the year-earlier quarter.
|
| Williams Ahead, Raises Guidance Posted: 05 May 2011 04:02 PM PDT Williams Companies (NYSE:WMB) reported slightly better first quarter 2011 results, reflecting positive production figures partially offset by high operating costs.
|
| FDA Approves Abbott’s AndroGel Posted: 05 May 2011 04:02 PM PDT Abbott Laboratories (NYSE:ABT) recently gained US Food and Drug Administration (FDA) approval for AndroGel (testosterone gel) 1.62%. The gel formulation is approved for the treatment of hypogonadism (low or zero testosterone levels) in adult men. Abbott Labs already has a product in its portfolio for this indication – AndroGel 1%.
|
| Posted: 05 May 2011 04:02 PM PDT CenterPoint Energy Inc. (NYSE:CNP) in the first quarter of 2011 posted adjusted earnings of 34 cents per share, in line with the Zacks Consensus Estimate and 2 cents higher than the year-ago quarterly earnings of 32 cents.
|
| Posted: 05 May 2011 04:02 PM PDT Offshore drilling giant Transocean Ltd. (NYSE:RIG) reported weak first quarter 2011 results, hurt by the decline in utilization rates and average daily revenue resulting from fewer rigs in use.
|
| GM Recalls 2011 Chevy Cruze Vehicles Posted: 05 May 2011 03:55 PM PDT 05/05/11 General Motors is recalling Chevrolet Cruze cars for inspection. The sedans will be inspected for potential steering and transmission … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Prudential Gains Past Estimates Posted: 05 May 2011 03:32 PM PDT Prudential Financial Inc.'s (NYSE:PRU) first quarter 2011 earnings of $1.69 per share topped the Zacks Consensus Estimate of $1.48 as well as the prior-year quarter's earnings of $1.45 per share. Results were aided by solid performance in the company's U.S. annuities and asset management businesses as well as its international insurance operations.
|
| Fresenius Misses, Ups Guidance Posted: 05 May 2011 03:32 PM PDT Fresenius Medical Care (NYSE:FMS), the largest provider of dialysis products and services on the planet, reported first-quarter 2011 earnings per ADS of 73 cents, missing the Zacks Consensus Estimate of 75 cents while exceeding the year-ago earnings of 70 cents.
|
| Posted: 05 May 2011 10:20 AM PDT 05/05/11 The stories, data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Hot Option Plays: Straddle Pricing Can Reveal Clues Posted: 05 May 2011 03:18 PM PDT Cusick’s Corner
|
| Acquisitions Dent PPL’s Results Posted: 05 May 2011 03:12 PM PDT PPL Corporation's (NYSE:PPL) first quarter adjusted earnings of 84 cents per share comfortably beat the Zacks Consensus Estimate of 73 cents (15% positive surprise). However, operating results for the first quarter were significantly below the year-ago earnings of 94 cents.
|
| Posted: 05 May 2011 03:02 PM PDT BMC Software Inc. (BMC) reported fourth quarter 2011 earnings per share of 64 cents, which missed the Zacks Consensus Estimate of 66 cents.
|
| Posted: 05 May 2011 03:02 PM PDT Covance (NYSE:CVD) reported first-quarter fiscal 2011 earnings per share of 54 cents compared with 60 cents of the year-ago quarter. However, the adjusted (excluding restructuring costs) earnings per share came in at 60 cents, beating the Zacks Consensus Estimate of 58 cents but in line with the year-ago quarter's result.
|
| Vivus Loss Narrower Than Expected Posted: 05 May 2011 03:02 PM PDT Vivus Inc.'s (NASDAQ:VVUS) first quarter 2011 loss of 12 cents per share was narrower than the Zacks Consensus loss Estimate by 3 cents and the year-ago loss (from continuing operations) by 9 cents. The narrower loss in the reported quarter was attributable to a decline in operating costs.
|
| Teradata Misses, Raises Guidance Posted: 05 May 2011 03:02 PM PDT Teradata Corp. (NYSE:TDC) reported first quarter earnings of 44 cents per share, missing the Zacks Consensus Estimate by 2 cents. However, Teradata raised its fiscal year 2011 guidance based on strong revenue growth in the quarter.
|
| The GBP/JPY Is Almost Done With A Zig Zag Correction Posted: 05 May 2011 02:47 PM PDT GBP/JPY Breaks Below Channel; Wave Equality Targets 130.00 (5/3) Short-Term to Medium Term- The GBP/JPY has been sliding after an abc wave B ended near 137.00. A second swing is developing. If this i s a wave C, and the wave from 140 to 133 was wave A, wave equality (C=A) targets the 130.00 clip.
|
| Friday’s Stocks To Watch And Trading Ideas Posted: 05 May 2011 02:38 PM PDT ( click to enlarge ) Barnes & Noble, Inc. (NYSE:BKS) seems to be on its way to recovery from the recent drop. The daily volume has been relatively large, giving credence to the recent upward movements. The stock had another strong day and broke through its major resistance line. The volume confirmed the breakout, as it was greater than average. With technical chart showing strength as MACD is above signal and %K line above %D line, we could see the stock keep going up. Next resistance is at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 05 May 2011 02:32 PM PDT To infuse greater liquidity and extend share distribution, the board of directors of Molina Healthcare, Inc. (NYSE:MOH) has authorized a three-for-two stock split of its common stock.
|
| Ameren Misses Ests, Backs View Posted: 05 May 2011 02:22 PM PDT Before the bell, Ameren Corporation (NYSE:AEE) reported its first quarter 2011 results. In the reported quarter, the company with pro forma earnings of 25 cents a share missed the Zacks Consensus Estimate of 37 cents as well as the year-ago figure of 40 cents a share.
|
| Posted: 05 May 2011 02:22 PM PDT We maintain our Neutral recommendation on resuscitation devices maker ZOLL Medical (NASDAQ:ZOLL). Revenues and earnings for second-quarter fiscal 2011 beat the Zacks Consensus Estimates driven by strong contributions from the Massachusetts-based company's LifeVest and temperature management businesses, backed by healthy international growth.
|
| Posted: 05 May 2011 02:22 PM PDT MetLife Inc. (NYSE:MET) reported first quarter operating earnings per share of $1.33, exceeding the Zacks Consensus Estimate of $1.26 per share and $1.04 per share in the year-ago quarter. Operating earnings increased 64% year over year to $1.42 billion from $864 million in the year-ago period.
|
| Posted: 05 May 2011 02:02 PM PDT Cousins Properties Inc. (NYSE:CUZ) reported first quarter 2011 FFO (fund from operations) of $8.1 million or 8 cents per share, compared with $14.0 million or 14 cents in the year-earlier quarter.
|
| Posted: 05 May 2011 02:02 PM PDT Bank of America Corporation (NYSE:BAC) has shut down its mortgage business unit in Saratoga Springs and intends to retrench 34 loan underwriters and processors. This is a part of BofA's plan to consolidate its mortgage business in the midst of an anticipated housing market slump.
|
| Other Voices: On Taxes, Environment, Oil & Debt Posted: 05 May 2011 02:02 PM PDT Raise Taxes, but Not Tax Rates Martin Feldstein, a Professor of Economics at Harvard and Ronald Reagan's Chair of the Council of Economic Advisors, argues that we need to raise revenues, but the way to do so is to limit the total amount of deductions to a set percentage of your total income. He suggests 2%. I think the general idea has a lot of merit. Personally, though, I would prefer to see the rate at which deductions apply limited. For example, now if someone in the top 35% tax bracket … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Higher Margins Fuel Tesoro Profit Posted: 05 May 2011 02:02 PM PDT Independent refiner Tesoro Corporation (NYSE:TSO) came out with impressive first-quarter 2011 results, driven by higher throughput, improved margin environment and solid operational performance.
|
| Stock Market Summary For Thursday, May 5, 2011 Special Alert On Short Candidates Posted: 05 May 2011 01:59 PM PDT From the list of stocks we posted on Monday as potential candidates to sell short we want to provide updates on Acme Packet, Inc. (symbol: APKT), ARM Holdings plc (symbol: ARMH), Aruba Networks, Inc. (symbol: ARUN), Fortinet Inc. (symbol: FTNT), Universal Display Corp. (symbol: PANL). Based on yesterday’s post we suggested covering the short positions in APKT and ARMH at today’s market open price. Based on this APLT and ARMH returned 11.2% and 12.1% based on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Truck Tonnage Increases 6.3% In March Posted: 05 May 2011 01:57 PM PDT Last week, the American Trucking Association announced that its Truck Tonnage Index increased in March by 6.3% compared to the same month last year, and at annual rate of 6.1% in the first quarter of 2011 versus last year. For the month of March, the Truck Tonnage Index was the highest on record. ATA Chief Economist and Vice President Bob Costello said "Despite my concern that higher energy costs are going to begin cutting into consumer spending, tonnage levels were pretty good in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – EUR/USD Down At The End Of U.S. Session Posted: 05 May 2011 01:55 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4542, down 1.92% at time of writing.<br/><br/> The pair was likely to find support at 1.4510, today’s low, and resistance at 1.4940, Wednesday’s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 1.35% to hit 0.8871 and EUR/JPY falling 2.58% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – USD/JPY Down Toward The End Of U.S. Session Posted: 05 May 2011 01:40 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Thursday.<br/><br/> USD/JPY was trading at 80.13, down 0.61% at time of writing.<br/><br/> The pair was likely to find support at 79.57, today’s low, and resistance at 81.69, Monday’s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 1.96% to hit 1.4537 and GBP/USD falling 0.62% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Analyst Interviews: Insurance Industry Stock Update Posted: 05 May 2011 01:32 PM PDT After enduring stress with respect to pricing pressure and reduced insured exposure through mid-2009, the overall health of the U.S. insurance industry has improved to some extent in recent quarters. Though the market turmoil forced many companies to take immense write-downs, the worst of the crisis appears to be now behind us. However, long-lasting soft market conditions, shrinking businesses, a still-high unemployment rate and legislative challenges are threatening insurers' ability to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Murphy Oil Beats On Bottom Line Posted: 05 May 2011 01:32 PM PDT Murphy Oil Corporation (NYSE:MUR) announced first-quarter 2011 operating earnings of $1.38 per share compared with 77 cents per share in the year-ago quarter. The results of the company surpassed the Zacks Consensus Estimate by 38 cents.
|
| Posted: 05 May 2011 01:32 PM PDT Estee Lauder Companies Inc. (NYSE:EL) posted robust results for the third quarter of fiscal 2011 with quarterly earnings of 71 cents per share. Earnings outpaced Zacks Consensus Estimate of 57 cents by 24.6% and shot 100% from 34 cents delivered in the prior-year quarter. Profit was recorded on extensive higher-margin product launches and effective advertising.
|
| NRG Profits Up, Guidance Lifted Posted: 05 May 2011 01:32 PM PDT Energy generation company NRG Energy Inc. (NYSE:NRG) reported an adjusted net income of 89 cents per share in first-quarter 2011, way ahead of the Zacks Consensus Estimate of 12 cents. Results also compare favorably with 22 cents earned in the prior-year quarter. Adjusted income was $221 million, up from $58 million in the year-ago quarter.
|
| Ericsson Gets Network Contract Posted: 05 May 2011 01:32 PM PDT Hungarian operator Magyar Telekom, belonging to the Deutsche Telekom Group, has selected LM Ericsson Telephone Company (NASDAQ:ERIC) to undertake the overhaul of its radio access network.
|
| Guy Thomas’ Free Capital: At Last, A True To Life Account Of UK Investing Posted: 05 May 2011 01:30 PM PDT Fans of investing literature will know that, unfortunately, many of the best books are American. While a lot of what's discussed in "John Neff on Investing" or quot;How to Make Money in Stocksquot; is universal, those of us deploying our capital on this side of the pond can't help hankering for something a bit more.. umm, British frankly! Jonathan Davis's Money Makers does give a good account of Anthony Bolton and other institutional gurus but still, wouldn't it be nice to read … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – EUR/USD Down Toward The End Of U.S. Session Posted: 05 May 2011 01:25 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4533, down 1.98% at time of writing.<br/><br/> The pair was likely to find support at 1.4510, today’s low, and resistance at 1.4940, Wednesday’s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 1.35% to hit 0.8871 and EUR/JPY falling 2.48% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| U.S. Markets Close Lower; Dow Jones Down 1.10% Posted: 05 May 2011 01:10 PM PDT Forex Pros – U.S. stocks were down after the closing bell on Thursday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average fell 1.10%, the S&P 500 index shed 0.91%, while the Nasdaq 100 index declined 0.52%.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 474K last week from 431K in the preceding week whose figure was revised up from 429K.<br/><br/> … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Traffic Volume Increases In February For 9th Month Posted: 05 May 2011 01:04 PM PDT The Federal Highway Administration reported recently that travel on all roads and streets in the U.S. for the month of February was estimated at 214.8 billion vehicle miles, which is 0.9% above the same month last year. February marked the nine consecutive month (starting in June last year) of an annual increase in traffic volume. At least through February, consumers and commercial drivers have apparently been able to absorb the higher gas prices and still continue to increase … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 05 May 2011 12:57 PM PDT Magna International Inc. (NYSE:MGA) reported a 44% rise in profit to $1.34 per share (excluding an impairment charge related to write down of real estate) in the first quarter of 2011 from 93 cents per share (excluding a gain from sale of facility) in the same quarter of 2010. The profit exceeded the Zacks Consensus Estimate by 21 cents per share.
|
| Posted: 05 May 2011 12:57 PM PDT Johnson and Johnson (NYSE:JNJ) recently announced US Food and Drug Administration (FDA) approval for its prostate cancer therapy, Zytiga (abiraterone acetate). Zytiga, an oral, once-daily medication, gained approval for use in combination with prednisone for the treatment of metastatic castration-resistant prostate cancer (mCRPC) in treatment-experienced patients whose chemotherapy contained docetaxel.
|
| Frontier Meets EPS, Revs Short Posted: 05 May 2011 12:57 PM PDT Frontier Communications (NYSE:FTR), a provider of telecommunications services to rural areas, reported first quarter 2011 adjusted earnings per share of 6 cents, which were at par with the Zacks Consensus Estimate. However, adjusted earnings deteriorated from the year-ago earnings 16 cents.
|
| Forex – GBP/USD Down During The U.S. Session Posted: 05 May 2011 12:45 PM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Thursday.<br/><br/> GBP/USD was trading at 1.6391, down 0.59% at time of writing.<br/><br/> The pair was likely to find support at 1.6359, today’s low, and resistance at 1.6739, Monday’s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 1.37% to hit 0.8869 and GBP/JPY falling 1.18% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 05 May 2011 12:32 PM PDT Vertex Pharmaceuticals Inc. (NASDAQ:VRTX) posted first-quarter 2011 loss (including stock-based compensation expense) of $1.05 per share, in line with the Zacks Consensus Estimate, but wider than the year-ago loss of 80 cents.
|
| Integrys Excels, But Misses Ests. Posted: 05 May 2011 12:32 PM PDT Integrys Energy Group Inc. (NYSE:TEG) posted a rise in its bottom line compared to the year-ago quarter while it missed the Zacks Estimate. Integrys' adjusted earnings of $1.57 per share for the first quarter 2011 were 8 cents above $1.49 earned in the first quarter of 2010. The company's bottom line was, however, short of the Zacks Consensus Estimate of $1.62 by 5 cents.
|
| Posted: 05 May 2011 12:32 PM PDT Quanta Services Inc. (NYSE:PWR) reported first-quarter 2011 adjusted loss per share of 5 cents, below the Zacks Consensus Estimate of earnings per share of 3 cents and prior-year earnings per share of 15 cents.
|
| Divergences And Three Push Pattern Reversal In Crude Oil Posted: 05 May 2011 12:18 PM PDT Traders are still adjusting to the significant sell-offs this week in the commodity markets, including Crude Oil which broke sharply today. First of all, these surprise moves tend to be frustrating to both sides – bears and bulls.
|
| Forex – USD/CAD Up In U.S. Trade Posted: 05 May 2011 12:10 PM PDT Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> USD/CAD was trading at 0.9703, up 1.15% at time of writing.<br/><br/> The pair was likely to find support at 0.9447, Monday’s low, and resistance at 0.9704, today’s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 05 May 2011 12:02 PM PDT Ken Nagy, CFA On May 2, 2011 Grupo TMM (TMM) reported weak results largely the result of the timing of cash flows from new contracts. The Maritime segment had six new medium-term offshore contracts begin in the latter part of the first quarter. The bulk of the revenue from the contracts missed the first quarter time frame but will contribute to Maritimes' results going forward. At product tankers, all six vessels that comprise the fleet are now working … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Siemens Gains On Areva Stake Sale Posted: 05 May 2011 12:02 PM PDT Siemens AG (NYSE:SI) reported earnings per share from continuing operations of €3.58 ($4.89 per ADR) for the second quarter of fiscal 2011 compared with €1.62 per ADR in the year-ago quarter. These increases were due predominantly to higher Total Sectors profit including the pretax €1.520 billion gain from the sale of the Energy Sector's 34% stake in Areva NP to Areva S.A.
|
| Posted: 05 May 2011 12:02 PM PDT TRWAutomotive Holdings Corp. (NYSE:TRW) reported a profit of $292 million or $2.21 per share (excluding special items) in the first quarter of 2011, beating the Zacks Consensus Estimate by an impressive margin of 42 cents per share. The profits improved 40% from $209 million and 34% from or $1.65 per share (excluding special items) in the first quarter of 2010, driven by higher sales volume.
|
| Garmin Thrashes Estimates In Q1 Posted: 05 May 2011 12:02 PM PDT Garmin Ltd. (NASDAQ:GRMN) reported first quarter earnings that beat the Zacks Consensus Estimates by 16 cents, or 48.5%. Currency had a 6 cent negative impact on earnings, and if excluded would have raised the EPS by a like amount. The results were driven by better-than-expected revenue and helped by a significantly lower tax rate.
|
| PSEG Beats EPS, Reaffirms Outlook Posted: 05 May 2011 12:02 PM PDT Public Service Enterprise Group Inc. (NYSE:PEG) or PSEG reported first quarter 2011 operating per share earnings of 85 cents, beating the Zacks Consensus Estimate of 76 cents and declining from the year-ago earnings of 87 cents.
|
| Forex – EUR/USD Down In U.S. Trading Hours Posted: 05 May 2011 11:45 AM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> EUR/USD was trading at 1.4557, down 1.82% at time of writing.<br/><br/> The pair was likely to find support at 1.4542, today’s low, and resistance at 1.4940, Wednesday’s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Bulk Tonnage Gold Zones Continue To Be Discovered At Pokukrom East Posted: 05 May 2011 11:32 AM PDT Steven Ralston, CFA Today, Pelangio Exploration (PX.V: TSX-V and PGXPF: OTCBB) announced the results of a second phase drilling program at the Pokukrom East gold zone on the company's Manfo Property in Ghana. Previously, assay results consistently intersected near-surface, bulk gold tonnage mineralization (over 50 meters of 1.06-to-1.64 g/t) over a strike length of approximately 400 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 05 May 2011 11:32 AM PDT Scripps Networks Interactive Inc. (NYSE:SNI) today reported robust financial results for the first quarter of 2011. Quarterly consolidated revenue of $536 million was up 14.2% year over year, outpacing the Zacks Consensus Estimate of $522 million.
|
| Posted: 05 May 2011 11:32 AM PDT Kimco Realty Corp. (NYSE:KIM), a leading real estate investment trust (REIT), reported first quarter 2011 rental revenues of $224.0 million compared with $213.4 million in the year-earlier quarter – an increase of 5.0%. Total revenues for the reported quarter exceeded the Zacks Consensus Estimate of $216.0 million.
|
| Posted: 05 May 2011 11:32 AM PDT Denbury Resources Inc. (NYSE:DNR) reported first-quarter 2011 earnings of 26 cents per share (excluding one-time items), missing our expectation by a penny. However, the quarterly result was well ahead of the year-earlier earnings of 6 cents, attributable to overall production growth as well as higher price realization.
|
| Posted: 05 May 2011 11:32 AM PDT Ventas Inc. (NYSE:VTR), a leading healthcare real estate investment trust (REIT), reported first quarter 2011 funds from operations (FFO) of $101.0 million or 62 cents per share, compared to $103.0 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 other non-cash expenses to net income.
|
| Gold Is Challenging Its 2011 Bullish Momentum And Rising Channel Posted: 05 May 2011 11:20 AM PDT Gold (XAU/USD) Short-Term to Medium Term- Gold is not declining as sharply as silver, but is nonetheless showing a strong reversal developing.
|
| Hot Option Plays: When One Commodity Goes, The Rest Follow Posted: 05 May 2011 11:18 AM PDT Cusick’s Corner
|
| Forex – AUD/USD Down In U.S. Trade Posted: 05 May 2011 11:15 AM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> AUD/USD was trading at 1.0612, down 1.27% at time of writing.<br/><br/> The pair was likely to find support at 1.0602, today’s low, and resistance at 1.1013, Monday’s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 05 May 2011 11:08 AM PDT AMR Corp. Call Buyers Abound
|
| Posted: 05 May 2011 11:02 AM PDT Hot Topic Inc. (NASDAQ:HOTT) finally reported positive same-store sales for the month of April following a 5% decline in the sequentially preceding period. Same-store sales in April came in at a robust 10.5% compared with a fall of 12.5% in the year-earlier period, helped by a boost from a late Easter this year.
|
| CVS Beats Estimates, Reaffirms Posted: 05 May 2011 11:02 AM PDT CVS Caremark (NYSE:CVS) reported first-quarter fiscal 2011 earnings per share of 52 cents compared with 55 cents of the year-ago quarter. However, after excluding the impact of certain one-time items, the adjusted earnings per share came in at 57 cents, beating the Zacks Consensus Estimate of 55 cents but trailing the year-ago quarter's adjusted earnings of 60 cents.
|
| ACE Beats Bottom-Line Estimate Posted: 05 May 2011 11:02 AM PDT ACE Limited (NYSE:ACE) reported a first-quarter 2011 operating income of 79 cents per share, beating the Zacks Consensus Estimate by 13 cents. Results plummeted 54% from $1.70 earned in the year-ago period. Operating income in the quarter was $268 million, down 54% from $579 million in the first quarter of 2010.
|
| Forex – NZD/USD Down During The U.S. Session Posted: 05 May 2011 10:45 AM PDT Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> NZD/USD was trading at 0.7856, down 0.53% at time of writing.<br/><br/> The pair was likely to find support at 0.7838, today’s low, and resistance at 0.8120, Monday’s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 05 May 2011 10:42 AM PDT Zumiez Inc. (NASDAQ:ZUMZ), an action sports retailer in the United States, reported comparable store sales for the four-week period ended April 30, 2011. Total net sales for the period increased a sharp 24.8% to $32 million from $25.7 million reported in the four-week period ended May 1, 2010.
|
| Posted: 05 May 2011 10:42 AM PDT Faced with a barrage of queries and a possible Congressional hearing, Apple Inc. (NASDAQ:AAPL) has reportedly updated its iPhone to limit the amount of data stored on the device related to recently visited locations.
|
| Posted: 05 May 2011 10:42 AM PDT In the first quarter. Nonfarm business sector labor productivity increased at a 1.6% annual rate. That was much better than the consensus expectation of a 1.0% increase. The gain in productivity was due to a gain of 3.1% in output and a rise of 1.4% in hours worked (Seasonally adjusted annual rate). In addition, the fourth quarter productivity growth was revised up from 2.6% to 2.9%. On a year-over-year basis, output increased 3.2% while hours rose 1.9%, for an increase in productivity of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Rick Davis’ MUST READ American Consumer Review Posted: 05 May 2011 10:37 AM PDT After having highlighted Rick Davis' work at Consumer Metrics Institute in my morning commentary, I reached out to him and received the following MUST READ fabulous response.
|
| Progress Energy’s Lopsided Progress Posted: 05 May 2011 10:32 AM PDT Power utility company Progress Energy Inc. (NYSE:PGN) announced its first-quarter 2011 operating earnings of 69 cents per share, which beat the Zacks Consensus Estimate of 67 cents by 2 cents. The company's results were, however, below the year-ago earnings of 75 cents.
|
| Higher-than-Expected Loss At Onyx Posted: 05 May 2011 10:32 AM PDT Onyx Pharmaceuticals Inc.'s (NASDAQ:ONXX) first quarter 2011 loss of 31 cents per share was a couple of cents wider than the Zacks Consensus Estimate and 21 cents wider than the year-ago loss. Despite an increase in revenues, higher operating expenses led to the wider loss.
|
| Posted: 05 May 2011 10:32 AM PDT Heart devices maker Thoratec Corp's (NASDAQ:THOR) first-quarter fiscal 2011 adjusted (excluding one-time items other than stock-based compensation expenses) earnings per share of 31 cents beat the Zacks Consensus Estimate of 29 cents and exceeded the year-ago adjusted earnings of 27 cents.
|
| Posted: 05 May 2011 10:32 AM PDT Silgan Holdings Inc. (NASDAQ:SLGN) reported first quarter results delivering an EPS of 37 cents compared with 35 cents in the prior-year quarter.
|
| “Disappointing Reports…created Nervousness” Posted: 05 May 2011 10:30 AM PDT 05/05/11 ICAP’s Kenneth Polcari weighs in on the rise in US unemployment claims, and the pullback in commodity … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| European Central Bank Holds Rate Unchanged At 1.25% Posted: 05 May 2011 10:23 AM PDT The European Central Bank maintained the Main refinancing operations rate at 1.25% and the Marginal lending facility at 2.00% and Deposit facility at 0.50%. The move marks a temporary pause in its path toward monetary policy normalization which commenced on the 8th of April with a 25bp increase. The Bank said it continues “to see upward pressure on overall inflation, mainly owing to energy and commodity prices. [and]… that the underlying pace of monetary expansion is still … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 05 May 2011 10:05 AM PDT Gentiva Health Services Inc. (NASDAQ:GTIV) reported its first-quarter adjusted earnings of $15.7 million or 51 cents per share, lagging the Zacks Consensus Estimate of 59 cents. This also compares with the income of $19.7 million or 65 cents in the year-ago quarter.
|
| Plains Beats, Updates Guidance Posted: 05 May 2011 10:05 AM PDT Plains All American Pipeline, L.P. (NYSE:PAA) announced its first-quarter 2011 operating earnings of $1.03 per unit, handsomely surpassing the Zacks Consensus Estimate of 82 cents. The results of the partnership were also prominently higher than 77 cents reported in the year-ago quarter.
|
| PCG Misses, Keeps Dividend Steady (revised) Posted: 05 May 2011 10:05 AM PDT PG&E Corporation's (NYSE:PCG) operating earning per share of 58 cents in the first quarter of fiscal 2011 fell short by a wide margin versus both the Zacks Consensus Estimate of 81 cents and the year-ago number of 79 cents. The company to date has yet to receive the approval of the California Public Utilities Commission (CPUC) for its fiscal 2011 General Rate Case (GRC) and its Gas Transmission and Storage (GT&S) rate case. With settlement agreements in both cases pending the company … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Bank Of England Holds Rate At 0.50% Posted: 05 May 2011 10:04 AM PDT The Monetary Policy Committee of the Bank of England maintained the official Bank Rate paid on commercial bank reserves unchanged at 0.5% . The Bank also “voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion”. The Bank will release inflation and output projections on the 11th of May and will release the minutes of this monetary policy meeting on the 18th of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Dollar Rebounds On Risk Aversion Posted: 05 May 2011 05:00 AM PDT 05/05/11 The US dollar posted quite the rally today against the euro as investors sought out safer-haven assets following weak data and unchanged interest rate … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – GBP/USD Down In U.S. Trade Posted: 05 May 2011 10:00 AM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> GBP/USD was trading at 1.6422, down 0.40% at time of writing.<br/><br/> The pair was likely to find support at 1.6405, today’s low, and resistance at 1.6739, Monday’s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Malaysia Central Bank Increases Rate 25bps To 3.00% Posted: 05 May 2011 10:00 AM PDT The Bank Negara Malaysia increased the Overnight Policy Rate (OPR) by 25 basis points to 3.00% from 2.75% and the floor and ceiling rates of the corridor for the OPR were also raised to 2.75 percent and 3.25 percent respectively. The Bank also increased the Statutory Reserve Requirement (SRR) Ratio from 2.00% to 3.00%, effective from 16 May 2011. Malaysia saw inflation of 3% in March, bringing the average to 2.8% for the first quarter of 2011. On inflation the bank noted “the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 05 May 2011 09:55 AM PDT CIGNA Corp.'s (NYSE:CI) first quarter 2011 core earnings of $1.37 per share outpaced the Zacks Consensus Estimate of $1.09 and also exceeded earnings of $1.01 per share recorded in the prior-year quarter. Better-than-expected results stemmed from strong earnings from across the board. Higher earnings per share (EPS) in the reported quarter also ensued from a lower number of shares over the prior year.
|
| Posted: 05 May 2011 09:55 AM PDT Natural Resource Partners L.P. (NYSE:NRP) announced its first quarter 2011 operating earnings of 42 cents per unit, comfortably surpassing the Zacks Consensus Estimate of 38 cents per unit and the year-ago figure of 24 cents per unit.
|
| AMAG Revs Miss; Maintains 2011 View Posted: 05 May 2011 09:55 AM PDT AMAG Pharmaceuticals Inc. (NASDAQ:AMAG) posted a loss of $1.05 per share during the first quarter of fiscal 2011, wider than the Zacks Consensus Estimate of a loss of $1.03 per share. The wider loss resulted from a weak top line, sales force turnover and a label change for Feraheme in the quarter. The year-ago loss was $1.15 per share.
|
| European Markets Mixed At Close; Dax Up 0.04% Posted: 05 May 2011 09:55 AM PDT Forex Pros – European stocks were mixed after the closing bell on Thursday.<br/><br/> At the close of European trade, Germany’s DAX rose 0.04%, London’s FTSE 100 shed 1.07%, France’s CAC 40 declined 0.95% and the EURO STOXX 50 was down 0.86%.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 474K last week from 431K in the preceding week whose figure was revised … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Philippine Central Bank Hikes Rate 25bps To 4.50% Posted: 05 May 2011 09:54 AM PDT The Bangko Sentral ng Pilipinas increased the overnight borrowing rate by 25 basis points to 4.50% from 4.25% and the overnight lending rate to 6.50% from 6.25%. The Bank noted that its baseline inflation projections suggest that the 3-5% inflation target for 2011 is at risk. The Bank also said “International oil prices have remained elevated due to strong global demand as well as concerns about supply gaps. Global non-oil markets also continued to tighten,”. The Philippines … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Jobless Claims Spike Due To Seasonal Adjustment? Posted: 05 May 2011 09:40 AM PDT Scott Grannis has a post today about the spike in weekly jobless claims, which could likely be the result of a faulty seasonal adjustment factor. Looking at other measures of jobless claims, including continued claims displayed in the graph above, the trend is still downward, suggesting a gradually improving labor market. Scott provides a graph showing ongoing declines also in the total claims and emergency claims, and concludes that “there has been no sudden deterioration in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Fergus Kee Puts Fitbug Holdings Though Its Paces Posted: 05 May 2011 08:05 AM PDT When Fergus Kee took on the role of executive chairman at AIM quoted Fitbug (LON:FITB) in April this year, it was a decision that he didn't take lightly. For the ex-Bupa executive, who invested £200,000 of his own money in the business on his arrival, the prospects for Fitbug are significant. With a technology offering that blends online health and wellness coaching with a device that allows users to track their achievements, Fitbug is aiming to tackle the burgeoning market for preventative … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 05 May 2011 07:43 AM PDT The morning news notes as prepared by TL…deficit reduction talks begin, OPEC to take action to get oil under $100?, US considering corporate tax repatriation holiday, Greece and giant asteroid heading towards earth! click … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Time-Segmented Market Analysis With Lunar Phases Posted: 05 May 2011 06:48 AM PDT I wrote in the Weekly Recap Report mailed to subscribers on Sunday: “You may be wondering why so many Wall Street analysts say the market’s next target is 1430. Those analysts, as do I, look back across to the other side of the canyon of the Financial Crisis Crash and see the market ricochet off that level several times in 2007-08 early on its way to the bottom. That 1430 zone was critical, first as a level of support and then as a level of resistance (click on images to enlarge): It may … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home