DailyMarkets.com - Mixed Results For CELG’s Revlimid
DailyMarkets.com - Mixed Results For CELG’s Revlimid |
- Mixed Results For CELG’s Revlimid
- Talisman Falls Short Of Forecast
- Precision Castparts Gets PB Fasteners
- Xerox Stays At Neutral
- Hercules Tech Beats Marginally
- Con Ed Misses But Reaffirms
- Silver? To Buy Or Not To Buy, That Is The Question
- Zynex (ZYXI) Q1 2011 Financial Results
- Warnaco Misses, Up By A Penny
- CSX Promises Shareholder Returns
- CF Industries Beats On EPS
- Closing Bell Market Monitor
- Paychex Takes Over EPlan Services
- Earnings Preview: Winding Down, Not Over
- Greatbatch Stays Neutral
- MWI Veterinary Beats, Ups Guidance
- Hot Option Plays: Greece Is The Word
- Forex – EUR/USD Down At The End Of U.S. Session
- Clear Once Again
- Forex – GBP/USD Down At The End Of U.S. Session
- Monetary Policy Week In Review – 1 May 2011
- Magellan Posts Strong 1Q
- Pride’s 1Q Disappoints
- Plains E&P Posts Strong Q1
- Forex – USD/JPY Up At The End Of U.S. Session
- Forex – USD/JPY Up Toward The End Of U.S. Session
- GGB’s 1Q Plummets On Expenses
- Vale’s 1Q Beats Estimate
- Volcano Beats, Lowers Guidance
- Jobs Report In Depth, Part 2
- Stock Market Summary For Friday, May 6, 2011 Special Alert On Short Candidates
- Forex – EUR/USD Down Toward The End Of U.S. Session
- U.S. Markets Close Higher; Dow Jones Up 0.43%
- Ross Comparables Rose
- Northeast Utilities Outpaces Ests
- AIG Suffers From CAT Loss
- Forex – GBP/USD Up During The U.S. Session
- ETP Misses, Profit Slumps
- PMI Group Narrows Loss
- Smith & Nephew High On Revs.
- Constellation Energy Short But Reaffirms
- Forex – USD/CAD Up In U.S. Trade
- Pepco Reports Spotty Q1
- Jobs Report In Depth, Part 1
- Fluor Outperforms Estimate
- Forex – EUR/USD Down In U.S. Trading Hours
- California Democratic Party Convention, Dinner…
- Richard Wyckoff Composite Man Wins Again With The Silver Etf
- Evan Smith Weighs In On Commodities’ Pullback
| Mixed Results For CELG’s Revlimid Posted: 06 May 2011 04:02 PM PDT Celgene Corporation (NASDAQ:CELG) recently presented data on its lead cancer drug Revlimid at the international myeloma workshop in France. Data were presented from an intergroup late-stage study (CALGB 100104) which evaluated Revlimid as a maintenance therapy following a stem cell transplant in patients suffering from multiple myeloma (MM).
|
| Talisman Falls Short Of Forecast Posted: 06 May 2011 03:57 PM PDT Canadian energy explorer Talisman Energy Inc. (NYSE:TLM) came out with weaker-than-expected first quarter 2011 results, hampered by the imposition of higher taxes on North Sea oil production by the U.K. This was partially offset by surging crude prices.
|
| Precision Castparts Gets PB Fasteners Posted: 06 May 2011 03:57 PM PDT Precision Castparts Corp. (NYSE:PCP) has agreed to purchase the assets of PB Fasteners. PB is a leader in the design and manufacturing of airframe fastener products, including the SLEEVbolt fastening system. The company’s sleeve bolt technology is critical to mitigating the impact of lightning strikes on the Boeing 787 aircraft. Commercial terms and conditions were not disclosed.
|
| Posted: 06 May 2011 03:32 PM PDT We reiterate our Neutral recommendation on Xerox Corporation (NYSE:XRX), which is a leader in the development, manufacture, marketing, servicing and financing of document equipment across the world. Headquartered in Norwalk, Connecticut, Xerox has its presence in more than 160 countries.
|
| Hercules Tech Beats Marginally Posted: 06 May 2011 03:32 PM PDT Hercules Technology Growth Capital Inc.'s (NASDAQ:HTGC) first quarter 2011 distributable net operating income (DNOI) came in at 25 cents per share, 3 cents ahead of the Zacks Consensus Estimate. Also, this compares favorably with DNOI of 17 cents in the prior-year quarter.
|
| Posted: 06 May 2011 03:32 PM PDT Consolidated Edison Inc. (NYSE:ED) announced its first quarter results of fiscal 2011 with earnings per share (EPS) of 99 cents falling short of the Zacks Consensus EPS Estimate of $1.00. Earnings however comfortably beat the year-ago quarterly number of 93 cents.
|
| Silver? To Buy Or Not To Buy, That Is The Question Posted: 06 May 2011 03:17 PM PDT by Raghu Gallupalli
|
| Zynex (ZYXI) Q1 2011 Financial Results Posted: 06 May 2011 03:02 PM PDT Brian Marckx, CFA
|
| Posted: 06 May 2011 03:02 PM PDT Warnaco Group Inc.'s (NYSE:WRC) first-quarter 2011 earnings inched up by a penny from the year-ago period to $1.10 per share. It missed the Zacks Consensus Estimate of $1.27 per share by 13.4%.
|
| CSX Promises Shareholder Returns Posted: 06 May 2011 03:02 PM PDT Leading railroad company, CSX Corporation (NYSE:CSX) announced a 3:1 stock split commencing June 15, for shareholders of record on May 31.
|
| Posted: 06 May 2011 03:02 PM PDT CF Industries Holdings Inc. (NYSE:CF) reports first quarter delivering an EPS of $3.91 versus a loss of 9 cents in the year-earlier quarter.
|
| Posted: 06 May 2011 03:00 PM PDT 05/06/11 The latest in news, commentary, and information on what’s moving the US equities … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Paychex Takes Over EPlan Services Posted: 06 May 2011 02:32 PM PDT New York-based outsourcing service provider Paychex Inc. (NASDAQ:PAYX) recently completed the acquisition of recordkeeping and administrative solutions provider, ePlan Services. Financial details of the transaction were not divulged. Post acquisition, ePlan Services will operate as a wholly owned subsidiary of Paychex and all the employees will be retained.
|
| Earnings Preview: Winding Down, Not Over Posted: 06 May 2011 02:22 PM PDT Earnings Preview 5/06/11 Earnings season is starting to wind down, but it is not over yet. A total of 432 firms are due to report, but only 16 from the S&P 500. The firms reporting this week include: Cisco (NASDAQ:CSCO), Disney (NYSE:DIS), Kohl's (NYSE:KSS), Macy's (NYSE:M), Nordstrom's (NYSE:JWN), Symantec (NASDAQ:SYMC) and Sysco (NYSE:SYY). It will also be an average for economic data. The focus will be on inflation and the deficits. We get both the Trade and Budget deficits on Wednesday. On Thursday we … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 06 May 2011 02:22 PM PDT We maintain our Neutral recommendation for Greatbatch Inc. (NYSE:GB). Revenues and earnings for first-quarter fiscal 2011 topped the Zacks Consensus Estimates, buoyed by solid double-digit growth across the company's Vascular Access, Orthopedic and Electrochem franchises.
|
| MWI Veterinary Beats, Ups Guidance Posted: 06 May 2011 02:22 PM PDT MWI Veterinary Supply (NASDAQ:MWIV) reported an EPS of 83 cents in the second quarter of fiscal 2011, up 33.9% from 62 cents in the year-ago period and surpassing the Zacks Consensus Estimate of 75 cents. However, the acquisition of UK based Centaur Services in February 2010 impacted the result compared to approximately 8 weeks of the prior-year quarter.
|
| Hot Option Plays: Greece Is The Word Posted: 06 May 2011 02:19 PM PDT Cusick’s Corner
|
| Forex – EUR/USD Down At The End Of U.S. Session Posted: 06 May 2011 02:10 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> EUR/USD was trading at 1.4317, down 1.49% at time of writing.<br/><br/> The pair was likely to find support at 1.4311, today’s low, and resistance at 1.4940, Wednesday’s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 244K last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 06 May 2011 02:08 PM PDT Most people recognize that the stock market has been divorced from reality for quite some time. That said, the relentless propagandizing from the shills on Wall Street sometimes leaves even me thinking that I really must be missing something. But invariably, along comes a bit of fact-based reporting, as with this annotated article from the New York Times’ Floyd Norris, “A Recovery Less Robust Than in the '70s,” and all is clear once again.
|
| Forex – GBP/USD Down At The End Of U.S. Session Posted: 06 May 2011 02:05 PM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> GBP/USD was trading at 1.6366, down 0.12% at time of writing.<br/><br/> The pair was likely to find support at 1.6355, today’s low, and resistance at 1.6739, Monday’s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Monetary Policy Week In Review – 1 May 2011 Posted: 06 May 2011 02:04 PM PDT The week ending the 7th of May saw continued emerging market monetary policy tightening, with developed market central banks holding off from further tightening. Of the central banks that made decisions on monetary policy settings this week, those that increased were: India +50bps to 7.25%, Philippines +25bps to 4.50%, and Malaysia +25bps to 3.00%. Meanwhile those that held rates were: Australia 4.75%, Romania 6.25%, United Kingdom 0.50%, European Union 1.25%, and the Czech Republic … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 06 May 2011 02:02 PM PDT Magellan Midstream Partners L.P. (NYSE:MMP), a master limited partnership ("MLP"), reported earnings per unit (EPU) of $1.01 (excluding mark-to-market commodity-related pricing adjustments), surpassing both the Zacks Consensus Estimate of 87 cents and the year-ago profit of 67 cents (adjusted).
|
| Posted: 06 May 2011 02:02 PM PDT Pride International Inc. (NYSE:PDE) reported depressed first-quarter 2011 results, hurt by higher operating expenses and lower utilization.
|
| Posted: 06 May 2011 02:02 PM PDT Plains Exploration & Production Co. (NYSE:PXP) posted first-quarter 2011 operating earnings of 37 cents per share, beating the Zacks Consensus Estimate of 33 cents and the year-ago profit of 31 cents. The company's outperformance in the quarter was driven by higher crude oil production levels and better price realizations.
|
| Forex – USD/JPY Up At The End Of U.S. Session Posted: 06 May 2011 02:00 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> USD/JPY was trading at 80.63, up 0.70% 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/> Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 244K … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – USD/JPY Up Toward The End Of U.S. Session Posted: 06 May 2011 01:40 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> USD/JPY was trading at 80.49, up 0.53% 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/> Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 244K … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 06 May 2011 01:32 PM PDT Brazilian steel producer, Gerdau S.A.'s (NYSE:GGB) first quarter 2011 net income plummeted 29% year over year to R$409 million (US$246.4 million) and registered a sequential decline of 3%. Earnings per share (EPS) were R$0.26 (16 cents per ADR) down compared with R$0.35 (19 cents per ADR) in the year-ago period. Results were, however, above the Zacks Consensus Estimate of 8 cents per ADR.
|
| Posted: 06 May 2011 01:32 PM PDT Vale S.A. (VALE) on May 5, released its financial results for the first quarter of 2011. The company's net earnings in the quarter were $1.29 per ADR, up compared with 30 cents per ADR in the year-ago quarter and the Zacks Consensus Estimate of $1.16 per ADR.
|
| Volcano Beats, Lowers Guidance Posted: 06 May 2011 01:32 PM PDT Volcano Corporation (NASDAQ:VOLC) reported an EPS of 2 cents in the first quarter of fiscal 2011 compared to the year-ago quarter's net loss of 8 cents per share. The earnings were better than the Zacks Consensus Estimate of a loss of 2 cents per share.
|
| Posted: 06 May 2011 01:32 PM PDT In this month's employment report, the two different surveys seem to be telling two diametrically opposed stories. The establishment survey paints a picture of fairly robust – and certainly better than expected — job growth. The Household survey is much more downbeat and shows increasing levels of unemployment for almost every major demographic group. A divergence between the two surveys is hardly unprecedented, and for the first three months of the year, the household survey was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Stock Market Summary For Friday, May 6, 2011 Special Alert On Short Candidates Posted: 06 May 2011 01:29 PM PDT From the list of stocks we posted on Monday as potential candidates to sell short and based on last night’s post we suggested covering the shorts in Aruba Networks, Inc. (symbol: ARUN), Fortinet Inc. (symbol: FTNT), and Universal Display Corp. (symbol: PANL) at today’s market open price. Based on this ARUN, FTNT, and PANL were removed at $32.43, $46.60, and $53.30 and returned 10.9%, 4.3%, and 4.2% from Monday’s market open prices.
|
| Forex – EUR/USD Down Toward The End Of U.S. Session Posted: 06 May 2011 01:25 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4342, down 1.31% at time of writing.<br/><br/> The pair was likely to find support at 1.4316, 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 1.21% to hit 0.8761 and EUR/JPY falling 0.68% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| U.S. Markets Close Higher; Dow Jones Up 0.43% Posted: 06 May 2011 01:10 PM PDT Forex Pros – U.S. stocks were up after the closing bell on Friday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average rose 0.43%, the S&P 500 index gained 0.38%, while the Nasdaq 100 index climbed 0.34%.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 244K last month, from 221K in the preceding month whose figure was revised up from 216K.<br/><br/> … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 06 May 2011 01:02 PM PDT Ross Stores Inc. (NASDAQ:ROST), the second largest off-price retailer of apparels and home accessories, reported a neat growth of 10% in comparable store sales for the four weeks ended April 30, 2011 following a decline of 1.0% for the five weeks ended April 2, 2011.
|
| Northeast Utilities Outpaces Ests Posted: 06 May 2011 12:57 PM PDT Northeast Utilities' (NYSE:NU) first quarter 2011 earnings of 69 cents per share rose 6 cents above the Zacks Consensus Estimate of 63 cents.
|
| Posted: 06 May 2011 12:57 PM PDT American International Group Inc. (NYSE:AIG) reported first quarter operating income of $2.03 billion or $1.30 per share, well ahead of the Zacks Consensus Estimate of a loss of 15 cents per share and earnings of $637 million or 95 cents per share in the year-ago quarter.
|
| Forex – GBP/USD Up During The U.S. Session Posted: 06 May 2011 12:45 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Friday.<br/><br/> GBP/USD was trading at 1.6389, up 0.02% 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 up against the Euro and the Japanese Yen, with EUR/GBP shedding 1.25% to hit 0.8757 and GBP/JPY rising 0.68% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 06 May 2011 12:32 PM PDT Pipeline operator Energy Transfer Partners L.P. (ETP) announced weak first quarter results, as volumes suffered due to a lower base of differentials between the West and East Texas market hubs.
|
| Posted: 06 May 2011 12:32 PM PDT PMI Group Inc. (NYSE:PMI) reported first-quarter net loss of 79 per share, narrower than the loss of $1.90 per share in first-quarter 2010. Net loss was $126.8 million compared with a loss of $157 million in the prior-year quarter.
|
| Posted: 06 May 2011 12:32 PM PDT Smith & Nephew (NYSE:SNN) reported an adjusted EPS of 18.4 cents (EPADS of 92 cents) during the first quarter of fiscal 2011 missing the year-ago quarter's 18.8 cents (EPADS of 94 cents) and the Zacks Consensus Estimate (ADS) of 93 cents. The company reported revenues of $1,055 million in the quarter, up 6% from the year-ago period and higher than the Zacks Consensus Estimate of $1,032 million.
|
| Constellation Energy Short But Reaffirms Posted: 06 May 2011 12:32 PM PDT Before the bell, Constellation Energy Group Inc. (NYSE:CEG) reported its first quarter 2011 results. In the reported quarter, the company with adjusted earnings per share of 63 cents came in below the Zacks Consensus Estimate of 96 cents and year-ago earnings of $1.43.
|
| Forex – USD/CAD Up In U.S. Trade Posted: 06 May 2011 12:10 PM PDT Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Friday after the release of Canadian data on Unemployment Rate.<br/><br/> USD/CAD was trading at 0.9686, up 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/> Earlier in the day, official data showed that The rate of unemployment in Canada fell unexpectedly to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 06 May 2011 12:02 PM PDT Pepco Holdings Inc. (NYSE:POM) reported first quarter 2010 earnings from continuing operations of 27 cents per share, beating the year-ago figure of 13 cents and the Zacks Consensus Estimate of 20 cents.
|
| Posted: 06 May 2011 12:02 PM PDT The economy added a total of 244,000 jobs in April. That is much better than consensus expectations for a gain of 185,000. The increase is also better than the numbers put out on Wednesday by ADP that showed a gain of 179,000 private sector jobs. Government payrolls declined by 24,000 and the private sector added a total of 268,000. The consensus was looking for a decline of 15,000 government jobs and thus also for a gain of 200,000 private sector jobs. The unemployment rate, which is derived … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 06 May 2011 12:02 PM PDT Fluor Corporation (NYSE:FLR) reported first-quarter 2011 earnings per share of 78 cents, outperforming the Zacks Consensus Estimate of 76 cents. Prior-year earnings per share were also 76 cents.
|
| Forex – EUR/USD Down In U.S. Trading Hours Posted: 06 May 2011 11:45 AM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> EUR/USD was trading at 1.4329, down 1.40% at time of writing.<br/><br/> The pair was likely to find support at 1.4318, today’s low, and resistance at 1.4940, Wednesday’s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 244K last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| California Democratic Party Convention, Dinner… Posted: 06 May 2011 11:24 AM PDT California Democratic Party Convention, Dinner Address
|
| Richard Wyckoff Composite Man Wins Again With The Silver Etf Posted: 06 May 2011 04:24 AM PDT Did silver make you rich in 2011? I have read many comments on the web of folks who sold early or late, thus claiming the market timing of silver an impossibility, and some are throwing in the towel on technical analysis and solely really on fundamentals. If so that is exactly how the Richard Wyckoff composite man wants your state of mind to be in, confused, destroyed and lost. Richard Wyckoff composite man wins, the public loses. Get smart learn wyckoffian logic. Composite man defined: … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Evan Smith Weighs In On Commodities’ Pullback Posted: 05 May 2011 10:00 PM PDT Commodities investors learned volatility can cut both ways this week as prices for gold fell below $1,500 an ounce, oil dropped below $100 and silver prices plummeted. Many commodities had fallen four consecutive days, prompting Bloomberg's Margaret Brennan to ask our own Evan Smith whether the run-up in prices is over on her "In Business" program.
|
| 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