DailyMarkets.com - Stratasys Reports Robust 1Q

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• Stratasys Reports Robust 1Q
• Ampyra Narrows Loss For Acorda
• Public Storage Misses Estimates
• QLogic Beats Estimates
• Nationwide Health Beats Estimates
• Hot Option Plays: Bounce Attributed To Commodity Money Shifting Into Equities
• Forex – AUD/USD Up In U.S. Trade
• Alliant Beats Well In 2011
• Costco Sustains Sales Momentum
• Mixed Results At Willis Group
• Forex – NZD/USD Up During The U.S. Session
• Kraft Foods Beats Estimates
• “Job Market: Trending In The Right Direction”
• Bulls Bulk Up On Affymetrix Call Options
• Washington Post Misses Estimate
• Visa Gains Big Year Over Year
• Alexion Evenly Poised
• Easter Boon For Dillard Sales
• Medicis Beats On EPS, Updates View
• OGE Energy Shy Of Estimate
• Accuray Swings To Loss, Reaffirms
• PerkinElmer Beats On All Fronts
• CEO Spotlight: Henry Yu Lin, NetQin Mobile
• Forex – GBP/USD Down In U.S. Trade
• Wells Fargo Faces FINRA Fines
• Perrigo Excels, Lifts Outlook
• European Markets Close Higher; Dax Up 1.56%
• Take Advantage Of Dips In Precious Metals And Miners
• Telus Tops On Subscriber Growth
• Dollar Rise Continues On Data

Stratasys Reports Robust 1Q Posted: 06 May 2011 11:32 AM PDT Stratasys Inc. (NASDAQ:SSYS) reported first quarter 2011 earnings per share of 20 cents, which outpaced the Zacks Consensus Estimate by 3 cents.   Revenue  Stratasys reported first quarter 2011 revenue of $33.8 million, up 49.1% from $23.0 million reported in the year-ago quarter. Excluding a one-time warrant charge in the year-ago quarter's revenue, total revenue increased 23.0% on a year-over-year basis from $28.0 million. The company reported a slight dip in its shipments, which … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Ampyra Narrows Loss For Acorda Posted: 06 May 2011 11:32 AM PDT Acorda Therapeutics Inc. (NASDAQ:ACOR) posted a loss of 2 cents per share for the first quarter of fiscal 2011, compared with a loss of 56 cents in the year-ago period. The Zacks Consensus Earnings Estimate for the quarter was 18 cents per share. Despite increased revenues, higher operating expenses resulted in a loss during the quarter. Quarterly Details Quarterly revenues saw a whopping 245.3% increase to reach $61.3 million, with Ampyra sales exceeding expectations. However, revenues missed the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Public Storage Misses Estimates Posted: 06 May 2011 11:32 AM PDT Public Storage (NYSE:PSA), a leading real estate investment trust (REIT) operating self-storage facilities, reported first quarter 2011 FFO (funds from operations) of $1.48 per share, compared with $0.78 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. Excluding several non-recurring items, FFO for first quarter 2011 was $1.28 per share … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

QLogic Beats Estimates Posted: 06 May 2011 11:32 AM PDT A leading supplier of high performance network infrastructure solutions, QLogic Corp.'s (NASDAQ:QLGC) fourth quarter 2011 results (both earnings and revenues) surpassed the Zacks Consensus Estimates. Revenues of $152.3 million were slightly above the Zacks Consensus Estimate of $151.0 million, and earnings per share (EPS) of 32 cents (including stock-based compensation but excluding one-time charges) beat the Zacks Consensus Estimate by 5 cents. Revenue Details Fourth quarter 2011 revenues of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Nationwide Health Beats Estimates Posted: 06 May 2011 11:32 AM PDT Nationwide Health Properties, Inc. (NYSE:NHP), a real estate investment trust (REIT) that invests in healthcare facilities, reported a 21.3% increase in total revenue in first quarter 2011 to $122.4 million from $100.8 million in the year-earlier quarter. Total revenues for the reported quarter exceeded the Zacks Consensus Estimate of $114 million. During first quarter 2011, FFO (fund from operations) was $78.9 million or 61 cents per share compared with $64.2 million or 54 cents in the year-ago … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Bounce Attributed To Commodity Money Shifting Into Equities Posted: 06 May 2011 11:18 AM PDT Cusick’s Corner The market bounced nicely after yesterday’s slide and that can be attributed to the shifting of money in commodities over to equities, plus Private Payrolls came in much better than expected. But the dollar has firmed, emotions in the EU are starting to flow (as I write this there are rumors that Greece wants to leave the EU zone — be careful) but these are most likely rumblings that are typical when someone wants better terms to a deal. If the Buck continues to garner strength … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Up In U.S. Trade Posted: 06 May 2011 11:15 AM PDT Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Friday after the release of U.S. data on Unemployment Rate.<br/><br/> AUD/USD was trading at 1.0711, up 1.24% at time of writing.<br/><br/> The pair was likely to find support at 1.0538, Thursday&rsquo;s low, and resistance at 1.1013, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that the U.S. unemployment rate rose unexpectedly to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Alliant Beats Well In 2011 Posted: 06 May 2011 11:02 AM PDT Aerospace and defense company Alliant Techsystems Inc. (NYSE:ATK) announced operating earnings of $2.10 per share for its fourth-quarter fiscal 2011 ended March 31, 2011, which surpassed the Zacks Consensus Estimate of $1.93. Earnings in the quarter were lower than the year-ago figure by 34 cents. The year-over-year decline in the quarterly earnings was due to an increase in pension expense, decline in sales volume on NASA programs, and strategic investments to support business pursuits. Fiscal … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Costco Sustains Sales Momentum Posted: 06 May 2011 11:02 AM PDT Costco Wholesale Corporation (NASDAQ:COST), one of the leading U.S. warehouse club operators, recently posted healthy sales data for the four-week period ended May 1, 2011. The company sustained its sales momentum. After a 13% increase in March 2011, Costco's comparable-store sales for April rose 12%, reflecting a comparable sales growth of 11% at its U.S. locations and 16% at its international divisions. For the thirty-five week period ended May 1, 2011, the company registered a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Mixed Results At Willis Group Posted: 06 May 2011 11:02 AM PDT Willis Group Holdings plc (NYSE:WSH) reported its first-quarter 2011 adjusted net income from continuing operations of $1.28 per share, beating the Zacks Consensus Estimate by 7 cents. Results are ahead of $1.27 earned in first-quarter 2010. Adjusted net income from continuing operations was $223 million, up 3% from $216 million in the prior-year quarter. The beat may likely be attributable to higher commissions and fees. Adjusting for an operational review charge of $69 million or 39 cents, gain … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Up During The U.S. Session Posted: 06 May 2011 10:45 AM PDT Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> NZD/USD was trading at 0.7928, up 1.09% at time of writing.<br/><br/> The pair was likely to find support at 0.7817, Thursday&rsquo;s low, and resistance at 0.8120, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Kraft Foods Beats Estimates Posted: 06 May 2011 10:42 AM PDT Kraft Foods Inc. (NYSE:KFT) posted first quarter 2011 operating EPS of 52 cents a share, which was well above the Zacks Consensus Estimate of 47 cents by 10.6%. Management credited the benefits of increased investments behind the Power Brands, strong productivity and disciplined cash management. Also the company is said to have been making good progress in capturing the synergies from the Cadbury acquisition.  Highlights From The Quarter & Year Revenues in the quarter soared 11.1% to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

“Job Market: Trending In The Right Direction” Posted: 06 May 2011 10:41 AM PDT 05/06/11 DME Securities’ Alan Valdes discusses the US jobs report and price action in the commodities … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bulls Bulk Up On Affymetrix Call Options Posted: 06 May 2011 10:39 AM PDT Bulls bulk up on Affymetrix call options Today's tickers: AFFX, AXP, WMG & MED (NASDAQ:AFFX) – Affymetrix, Inc. – Call options on the biotechnology company are in demand today, with shares in the maker of genetic analysis products rising as much as 6.3% to an intraday high of $6.25. The jump in options activity on the stock helped lift the overall reading of options implied volatility on Affymetrix 17.9% to 73.54% in early-afternoon trade. June in- and out-of-the-money calls are most active … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Washington Post Misses Estimate Posted: 06 May 2011 10:32 AM PDT The Washington Post Company (NYSE:WPO) recently posted first-quarter 2011 results. The quarterly earnings of $4.31 per share showed a substantial decrease from $5.58 delivered in the prior-year quarter due to sluggishness witnessed in the students' enrollment and weak advertising demand. The quarterly earnings also missed the Zacks Consensus Earnings Estimate of $4.35 per share. On a reported basis, including one-time items, quarterly earnings came in at $1.87 per share, reflecting a sharp … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Visa Gains Big Year Over Year Posted: 06 May 2011 10:32 AM PDT Visa Inc.'s (NYSE:V) fiscal second quarter 2011 (ended March 31, 2011) operating earnings of $1.23 per Class A common share were three pennies ahead of the Zacks Consensus Estimate of $1.20 per share, but substantially exceeded 96 cents reported in the year-ago quarter on lower share count. Visa's GAAP net income for the quarter came in at $881 million, increasing 23.6% from $713 million in the year-ago quarter. Operating income climbed 23.3% year over year to $1.38 billion. Meanwhile, total … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Alexion Evenly Poised Posted: 06 May 2011 10:32 AM PDT We are maintaining our Neutral recommendation on Alexion Pharmaceuticals (NASDAQ:ALXN) with a target price of $99.00. Alexion Pharma delivered a strong performance in the first quarter of 2011. First quarter earnings (excluding special items but including stock-based compensation) of $0.47 per share surpassed the Zacks Consensus Estimate by $0.05 and the year-ago earnings by $0.19. Earnings in the quarter benefited from an increase in revenues. (Read our full coverage on this earnings report Alexion … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Easter Boon For Dillard Sales Posted: 06 May 2011 10:32 AM PDT Dillard’s Inc. (NYSE:DDS), the leading apparel and home-furnishing retailer in the United States, reported a growth of 11.0% in same-store sales for the four weeks ended April 30, 2011. The sales results were positively impacted by a shift in Easter holiday to April 24 this year from April 4 in the prior year. Merchandise sales for the period shot up 10.3% to $448.4 million compared with $406.3 million in the four weeks ended May 1, 2010. Comparable store sales and total sales both increased 4% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Medicis Beats On EPS, Updates View Posted: 06 May 2011 10:32 AM PDT Medicis Pharmaceutical Corp. (NYSE:MRX) posted first quarter fiscal 2011 earnings of 50 cents per share, beating the Zacks Consensus Estimate by a penny, but 18.8% down from the year-ago earnings of 61 cents per share. Lower revenues and higher operating expenses led to a decline in earnings during the quarter. Quarterly revenues decreased 0.4% to $164.9 million. Revenues also missed the Zacks Consensus Estimate of $170 million. Lower revenues from acne products and other non-dermatological … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

OGE Energy Shy Of Estimate Posted: 06 May 2011 10:32 AM PDT OGE Energy Corporation (NYSE:OGE) reported its first quarter 2011 results. In the reported quarter, the company with pro forma and GAAP earnings of 25 cents per share missed the Zacks Consensus Estimate of 32 cents. The results fell short of pro forma earnings of 36 cents per share in the year ago-period but were in line with the GAAP results. Operational Metrics OGE Energy's operating revenues decreased 4% year over year to $840.5 million in the reported quarter. Electric Utility revenues … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Accuray Swings To Loss, Reaffirms Posted: 06 May 2011 10:32 AM PDT Accuray Incorporated (NASDAQ:ARAY) has swung to a loss in third-quarter fiscal 2011 (ended March 31) as costs (of roughly $2.6 million) associated with its impending acquisition of rival TomoTherapy (NASDAQ:TOMO) more than offset an increase in sales. The California-based leading radiosurgery systems maker posted a net loss of $1.2 million or 2 cents per share in the quarter versus a net income of $2.3 million (or 4 cents a share) a year-ago. The results missed the Zacks Consensus Estimate of earnings of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

PerkinElmer Beats On All Fronts Posted: 06 May 2011 10:32 AM PDT PerkinElmer (NYSE:PKI) reported first-quarter fiscal 2011 adjusted (excluding one-time expenses) earnings per share of 34 cents, beating the Zacks Consensus Estimate of 30 cents and surpassing the year-ago earnings per share of 25 cents. The results surpassed the company's previously issued guidance of 29 and 31 cents. Net income from continuing operations (as reported) increased 31.9% year over year to $25.9 million (or 22 cents a share) in the reported quarter from $19.6 million (or 17 cents a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CEO Spotlight: Henry Yu Lin, NetQin Mobile Posted: 06 May 2011 10:00 AM PDT 05/06/11 NetQin Mobile celebrated its IPO on the NYSE. The company’s CEO weighs in on security threats that target the mobile computing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down In U.S. Trade Posted: 06 May 2011 10:00 AM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Friday after the release of U.S. data on Unemployment Rate.<br/><br/> GBP/USD was trading at 1.6384, down 0.02% at time of writing.<br/><br/> The pair was likely to find support at 1.6355, today&rsquo;s low, and resistance at 1.6739, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that the U.S. unemployment rate rose unexpectedly to a seasonally adjusted 9.0% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Wells Fargo Faces FINRA Fines Posted: 06 May 2011 09:57 AM PDT Wells Fargo & Co.'s (NYSE:WFC) brokerage arm has been fined $1 million by the Financial Industry Regulatory Authority (FINRA).  Wells Fargo Advisors' failure to provide prospectuses in a timely manner to customers who purchased mutual funds in 2009 and delay in reporting required information regarding its brokers prompted FINRA to charge the fine. Customers are supposed to receive prospectuses within three business days of the transaction, according to federal securities laws. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Perrigo Excels, Lifts Outlook Posted: 06 May 2011 09:57 AM PDT Perrigo Company (NASDAQ:PRGO) reported earnings per share of $1.07 for the third quarter of fiscal 2011, easily beating the Zacks Consensus Estimate of 96 cents and the year-earlier earnings of 81 cents per share. Results were driven by a solid top-line performance. Third quarter revenues increased 29% over the prior year to $692 million. Total revenues were also above the Zacks Consensus Estimate of $686 million. The year-over-year revenue growth was boosted by strong performances by the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Markets Close Higher; Dax Up 1.56% Posted: 06 May 2011 09:55 AM PDT Forex Pros – European stocks were up after the closing bell on Friday.<br/><br/> At the close of European trade, Germany&rsquo;s DAX rose 1.56%, London&rsquo;s FTSE 100 gained 0.96%, France&rsquo;s CAC 40 climbed 1.33% and the EURO STOXX 50 was up 0.90%.<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 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Take Advantage Of Dips In Precious Metals And Miners Posted: 06 May 2011 09:54 AM PDT Federal Reserve Chairman Ben Bernanke will continue devaluing the dollar (UUP) by keeping interest rates at all-time lows and continue quantitative easing as we have not seen a major improvement in unemployment and housing. We are also entering an election year in which central banks do not want to rile the equity markets. Just because the S&P (SPY) has been soaring does not mean the economy is improving. Easy money policies will continue for an extended period of time to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Telus Tops On Subscriber Growth Posted: 06 May 2011 09:32 AM PDT The second largest Canadian telecommunications company, Telus Corporation (NYSE:TU) reported first quarter 2011 adjusted earnings per ADS of 98 cents (97 Canadian cents per share), outpacing the Zacks Consensus Estimate by a penny. Adjusted earnings increased 14% year over year. The earnings uptick can be attributed to strong smartphone demand. Adjusted earnings exclude a gain of 4 cents from the acquisition of a contact centre business. Total revenue increased 6.5% year over year to C$2.531 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dollar Rise Continues On Data Posted: 06 May 2011 04:30 AM PDT 05/06/11 Despite an increase in the unemployment rate, yesterdays ECB decision and a surprising rise in nonfarm payrolls injected investors with dollar optimism as the week nears its … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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