DailyMarkets.com - BJ’s Reports Robust Sales
DailyMarkets.com - BJ’s Reports Robust Sales |
- BJ’s Reports Robust Sales
- CenturyLink Invests In New Mexico
- St. Jude DBS Study Expansion Ok’ed
- Varian’s Nuggets From Brazil Con
- U.S. Rig Count Up By A Unit
- Petrobras Aims For Higher Output
- Prologis Leases Japanese Facilities
- Hot Option Plays: Range-Bound
- Forex – AUD/USD Down In U.S. Trade
- NCR To Take Over Radiant Systems
- EBay Aims Mobile Carrier Billing
- Chesapeake Plans $1B Gas Fund
- Symantec Wraps Up Clearwell Deal
- Forex – NZD/USD Down During The U.S. Session
- Schwab Downgraded To Underperform
- POSCO Acquires Stake In Thainox
- Call Buying Bulls Eye Guess Rally
- Anticipating UK Employment Data In The Context Of Bearish GBP/USD
- “More People Looking…to Be Defensive”
- Forex Trading: EURUSD Breaches NY Highs. 1.4042 Next Target. Looking For Follow Thru Momentum
- Trade Deficit Soars In May
- McCormick Stays At Neutral
- Euro Slide Continues As Risk Aversion Gains Steam
- European Markets Close Lower; Dax Down 0.78%
- Aetna Joins With Shriners Hospital
- Chevron 2Q To Ride Oil Price Wave
- BofA Upgraded To Neutral
- Zacks Initiating Coverage Of Clean Diesel Technologies Inc [CDTI]
- FDA Approves Medtronic’s Study
- Peripheral Selling Fizzles After Suspected ECB Purchases
- Earnings Preview: Yum! Brands
- Earnings Preview: Universal Forest
- Textron In 5-Year Research Contract
- Montpelier Downgraded
- Forex Trading: EURUSD Back Up Testing The Topside Intraday Resistance At 1.4007
- U.S. Total Trade Surges To New Record High In May
- Caterpillar Concludes Bucyrus Buy
- Illinois Tool Acquires Teknek
- UAL To Outperform
- Alcoa Solid As New Earnings Season Kicks Off
- Martin Warner Builds Momentum At Michelmersh Brick
| Posted: 12 Jul 2011 12:05 PM PDT BJ's Wholesale Club Inc.(NYSE:BJ), a leading warehouse club operator in the United States, recently posted healthy sales results for the five weeks period ended July 2, 2011.
|
| CenturyLink Invests In New Mexico Posted: 12 Jul 2011 11:55 AM PDT CenturyLink Inc. (NYSE:CTL) has completed its $258 million investment in New Mexico. The company invested $3 million more than the required amount as specified by the New Mexico Public Regulatory Commission (PRC) under the 2007 Second Amended Settlement Agreement.
|
| St. Jude DBS Study Expansion Ok’ed Posted: 12 Jul 2011 11:55 AM PDT Medical technology giant St. Jude (NYSE:STJ) reported that the U.S. Food and Drug Administration ("FDA") has permitted the company to expand a study evaluating the effectiveness of its deep brain stimulation ("DBS") system in treating severe depression.
|
| Varian’s Nuggets From Brazil Con Posted: 12 Jul 2011 11:55 AM PDT Leading integrated radiotherapy systems maker, Varian Medical Systems (NYSE:VAR) recently disclosed that progress in radiotherapy for cancer treatment was among the numerous topics focused on, at the thirteenth annual congress of the Brazilian Society of Radiotherapy ("SBRT"), held last month. The four days of scientific presentations attracted 900 clinical professionals from across South America who shared their perspectives on the usage of advanced radiotherapy for treatment of different … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 12 Jul 2011 11:35 AM PDT In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a marginal rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to an increase in the tally of land rigs.
|
| Petrobras Aims For Higher Output Posted: 12 Jul 2011 11:35 AM PDT As explained by a top executive of Petroleo Brasileiro S.A. or Petrobras (NYSE:PBR), the company plans to boost its gasoline production by 12.5% year over year in July.
|
| Prologis Leases Japanese Facilities Posted: 12 Jul 2011 11:35 AM PDT Prologis Inc. (NYSE:PLD) – the erstwhile AMB Property Corp., has recently signed four new lease agreements spanning 723,000 square feet of its development portfolio in Japan. The leased industrial space is spread across three separate facilities in diverse locations of the country, signifying the inherent demand of high-quality distribution facilities that can endure natural calamities like earthquake and tsunami to a great extent.
|
| Posted: 12 Jul 2011 11:18 AM PDT Cusick’s Corner
|
| Forex – AUD/USD Down In U.S. Trade Posted: 12 Jul 2011 11:15 AM PDT Forex Pros – pros – The Australian Dollar was lower against the U.S. Dollar on Tuesday after the release of U.S. data on Trade Balance.<br/><br/> AUD/USD was trading at 1.0633, down 0.22% at time of writing.<br/><br/> The pair was likely to find support at 1.0525, today’s low, and resistance at 1.0788, Friday’s high.<br/><br/> Earlier in the day, official data showed that The U.S. trade balance fell more-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| NCR To Take Over Radiant Systems Posted: 12 Jul 2011 11:05 AM PDT NCR Corporation (NCR) recently agreed to acquire Radiant Systems Inc., a provider of hardware and software systems for the restaurant and hotel industry, for $1.2 billion in cash.
|
| EBay Aims Mobile Carrier Billing Posted: 12 Jul 2011 10:55 AM PDT E-commerce service provider, eBay Inc. (NASDAQ:EBAY) has agreed to acquire a Chinese mobile carrier billing payment company Zong for $240 million in cash. The transaction is expected to close in the third quarter of 2011 and is pending Chinese regulatory approval. According to a new Chinese regulation, foreign ownership is restricted in e-payment companies, so eBay might face some issues.
|
| Posted: 12 Jul 2011 10:55 AM PDT Chesapeake Energy Corporation (NYSE:CHK) plans to form a $1 billion fund to invest in companies that build infrastructure or technology to increase the application of natural gas as a replacement to conventional gasoline and diesel.
|
| Symantec Wraps Up Clearwell Deal Posted: 12 Jul 2011 10:55 AM PDT Leading computer security company Symantec Corp. (NASDAQ:SYMC) has closed the previously announced (May 22) acquisition of privately held legal discovery solutions provider Clearwell Systems Inc. Symantec had to pay $390.0 million (net of cash) for the deal.
|
| Forex – NZD/USD Down During The U.S. Session Posted: 12 Jul 2011 10:45 AM PDT Forex Pros – pros – The New Zealand Dollar was lower against the U.S. Dollar on Tuesday after the release of U.S. data on Trade Balance.<br/><br/> NZD/USD was trading at 0.8200, down 1.10% at time of writing.<br/><br/> The pair was likely to find support at 0.8112, today’s low, and resistance at 0.8384, Friday’s high.<br/><br/> Earlier in the day, official data showed that The U.S. trade balance fell more-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Schwab Downgraded To Underperform Posted: 12 Jul 2011 10:35 AM PDT We have lowered our long-term recommendation on Charles Schwab Corp. (NASDAQ:SCHW) to "Underperform" from "Neutral" based on continuous pressure on its net interest margin (NIM) due to a low interest rate environment.
|
| POSCO Acquires Stake In Thainox Posted: 12 Jul 2011 10:35 AM PDT Korean steelmaker, POSCO (NYSE:PKX) recently announced it will acquire a stake in Southeast Asia’s largest stainless steel producer Thainox Stainless Pcl. for KRW305.9 billion or $287 million.
|
| Call Buying Bulls Eye Guess Rally Posted: 12 Jul 2011 10:27 AM PDT Call buying bulls eye Guess rally
|
| Anticipating UK Employment Data In The Context Of Bearish GBP/USD Posted: 12 Jul 2011 10:25 AM PDT The GBP/USD pair extended its decline overnight reaching a low of 1.5775, the lowest level for the pair since January 26th. We had anticipated this weakness in the GBP/USD in an article a week ago. Some Technical Observations of the Pair
|
| “More People Looking…to Be Defensive” Posted: 12 Jul 2011 10:17 AM PDT 07/12/11 Mogavero, Lee & Co.’s Doreen Mogavero weighs in on today’s trading session and overall market … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex Trading: EURUSD Breaches NY Highs. 1.4042 Next Target. Looking For Follow Thru Momentum Posted: 12 Jul 2011 10:11 AM PDT Do you trust the market? The price squeezed above the NY high for the day at hte 1.40225 level and has reached a high of 1.40266. The price has dipped back below which makes you wonder if you can trust this market given the up and down choppiness today. Traders who are long seem to be happy to forego some profit at least should the market rotate back lower. Staying above 1.4007 should keep longs satisfied but fear a dip below may seen sub 1.4000 again.
|
| Posted: 12 Jul 2011 10:05 AM PDT The Trade Deficit rose in May to $50.23 billion from $43.66 billion in April. The rise in the trade deficit is bad news for the economy, and the level is very dangerous.
|
| Posted: 12 Jul 2011 10:05 AM PDT Recently, we reiterated our Neutral recommendation on McCormick & Company, Inc. (NYSE:MKC) with a target price of $52.00.
|
| Euro Slide Continues As Risk Aversion Gains Steam Posted: 12 Jul 2011 10:00 AM PDT 07/12/11 The euro currency continued its slide today on growing eurozone debt crisis … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| European Markets Close Lower; Dax Down 0.78% Posted: 12 Jul 2011 09:55 AM PDT Forex Pros – pros – European stocks were down after the closing bell on Tuesday.<br/><br/> At the close of European trade, Germany’s DAX fell 0.78%, London’s FTSE 100 shed 1.02%, France’s CAC 40 declined 0.88% and the EURO STOXX 50 was down 0.58%.<br/><br/> Meanwhile, on Wall Street, equity markets were mixed after the open. The Dow Jones Industrial Average was down 0.01%; the S&P 500 index gained 0.03%, while the Nasdaq 100 index … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Aetna Joins With Shriners Hospital Posted: 12 Jul 2011 09:50 AM PDT Yesterday, Aetna Inc. (NYSE:AET) announced that it has entered into a three-year agreement with Shriners Hospitals for Children to expand the access of Aetna members in 16 states across the U.S.
|
| Chevron 2Q To Ride Oil Price Wave Posted: 12 Jul 2011 09:50 AM PDT U.S.energy behemoth Chevron Corp. (CVX) released its second-quarter 2011 interim update, covering the first 2 months of the quarter. On the whole, the update is bullish, with earnings expected to be higher than the previous quarter.
|
| Posted: 12 Jul 2011 09:50 AM PDT We have upgraded our long-term recommendation on Bank of America Corporation (NYSE:BAC) to "Neutral" from "Underperform". The rating change reflects management's decision to sell its non-core assets to further strengthen its balance sheet and bolster its capital base.
|
| Zacks Initiating Coverage Of Clean Diesel Technologies Inc [CDTI] Posted: 12 Jul 2011 09:35 AM PDT Ian Gilson, CFA Clean Diesel Technologies [CDTI] is a leading provider of pollution control solutions for gasoline and diesel engines. The company offers both OEM and after-market products on a worldwide basis. The company was formed by a merger in October 2010 between CDTI Merger Sub and CSI. The company recently completed a 3 million share offering for $10 million. Over the next three years significant on highway diesel … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| FDA Approves Medtronic’s Study Posted: 12 Jul 2011 09:35 AM PDT Leading medical devices player, Medtronic (NYSE:MDT), has received conditional approval from the US Food and Drug Administration (FDA) for a US clinical trial called Symplicity HTN-3. The clinical trial will involve renal denervation with Symplicity catheter system for the treatment of resistant hypertension (high blood pressure that could not be controlled with drugs). The device has already been approved in both Europe and Australia.
|
| Peripheral Selling Fizzles After Suspected ECB Purchases Posted: 12 Jul 2011 09:10 AM PDT U.S. and German yields erased declines to seven-month lows in trading symptomatic of any market mania worth its salt. The reversal came after European government debt traders grew suspicious that a tight-lipped ECB was busy buying Spanish and Italian paper days before an Italian auction that under currently tumultuous conditions could easily deter regular buyers from being the first to commit their capital.
|
| Posted: 12 Jul 2011 09:05 AM PDT Quick service restaurant company, Yum! Brands Inc. (NYSE:YUM) is slated to release its second quarter 2011 results on July 13, after the closing bell. The current Zacks Consensus Estimate for second quarter earnings is 61 cents per share on revenue of $2,694.0 million.
|
| Earnings Preview: Universal Forest Posted: 12 Jul 2011 08:55 AM PDT Universal Forest Products Inc. (NASDAQ:UFPI) is slated to release its financial results for the second quarter of the fiscal year 2011 on Thursday, July 14. The current Zacks Consensus Estimate for earnings per share (EPS) is 15 cents, which represents a negative annualized growth of 78.21%.
|
| Textron In 5-Year Research Contract Posted: 12 Jul 2011 08:55 AM PDT AAI Unmanned Aircraft Systems ('UAS'), an operating unit of Textron Inc. (NYSE:TXT), has entered into a five-year agreement with the U.S. Army Research, Development and Engineering Command, Communications-Electronic Research, Development and Engineering Center ('CERDEC').
|
| Posted: 12 Jul 2011 08:55 AM PDT We are downgrading our recommendation on Montpelier Re Holdings Ltd. (NYSE:MRH) to Underperform from Neutral given its exposure to catastrophe losses coupled with the current pricing environment in the primary insurance market and the stressed economy that is expected to restrict top-line growth.
|
| Forex Trading: EURUSD Back Up Testing The Topside Intraday Resistance At 1.4007 Posted: 12 Jul 2011 08:47 AM PDT |
| U.S. Total Trade Surges To New Record High In May Posted: 12 Jul 2011 08:43 AM PDT Today’s monthly trade report showing an increase in America’s current account deficit to $50.2 billion in May was accompanied by the typical alarming media headlines such as: “U.S. Trade Gap Soars to 31-Month High in May,” “U.S. Trade Deficit Jumped in May,”and “U.S. May Trade Gap Widens to $50.2 Billion.” Here’s what probably won’t get widely reported: 1. The total volume of U.S. international trade activity (exports + imports) reached an all-time record high in May (not … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Caterpillar Concludes Bucyrus Buy Posted: 12 Jul 2011 08:35 AM PDT Caterpillar Inc. (NYSE:CAT) has completed the biggest deal ever in its history, namely the $8.8 billion buyout of Bucyrus International Inc.
|
| Posted: 12 Jul 2011 08:35 AM PDT Illinois Tool Works Inc. (NYSE:ITW) has recently acquired Teknek for an undisclosed amount. The world leader in contact sheet cleaning and web cleaning solutions will be integrated with ITW’s Electrostatics business platform, within the Electronics Group.
|
| Posted: 12 Jul 2011 08:35 AM PDT We are upgrading our long-term recommendation on United Continental Holdings Inc. (UAL) to Outperform from Neutral.
|
| Alcoa Solid As New Earnings Season Kicks Off Posted: 12 Jul 2011 07:45 AM PDT 07/12/11 Alcoa Inc. kicked off the new earnings season late Monday by posting a 2Q profit that more than doubled on higher sales at higher … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Martin Warner Builds Momentum At Michelmersh Brick Posted: 12 Jul 2011 03:34 AM PDT When Martin Warner brought Michelmersh Brick (LON:MBH) to the Alternative Investment Market in 2004, he had already built the business into the largest producer of handmade bricks in the UK. Since starting the business in the late 1990s, Warner and Chairman Eric Gadsden have built a portfolio of niche players supplying local markets and now oversee a group that owns most of the top-end brick makers in the country. Indeed, it was one of Michelmersh's divisions, Charnwood Forest Brick that … [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