Friday, July 22, 2011

DailyMarkets.com - Compuware Beats Estimates

DailyMarkets.com - Compuware Beats Estimates

Compuware Beats Estimates

Posted: 22 Jul 2011 11:35 AM PDT

Compuware Corporation (NASDAQ:CPWR) posted a net income of income of $16.9 million or $0.08 in the first quarter of fiscal 2012 per share compared to a net income of $34.8 million or $0.16 cents per share in the fourth quarter of fiscal 2011 and  a net income of $12.6 million or $0.06 in the year-ago quarter. The results surpassed management's guidance range of $0.05 – $0.07 and the Zacks Consensus Estimate of $0.06.
Michigan-based Compuware Corporation provides software products and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Molina Outshines, Ups Guidance

Posted: 22 Jul 2011 11:35 AM PDT

Yesterday, Molina Healthcare Inc. (NYSE:MOH) reported second quarter operating earnings of 38 cents per share, which came in 2 cents ahead of the Zacks Consensus Estimate. Results were also substantially higher than 27 cents reported in the year-ago quarter. Net income soared up 64.2% to $17.4 million from $10.6 million in the prior-year quarter.
Results benefited primarily from higher-than-expected premium and Medicaid revenues coupled with ramped-up memberships. This growth momentum was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Plum Creek

Posted: 22 Jul 2011 11:35 AM PDT

Plum Creek Timber Co. Inc. (NYSE:PCL), a real estate investment trust, is scheduled to report its fiscal 2011 second quarter earnings after the market closes on July 25, 2011. The current Zacks Consensus Estimate for the second quarter is 29 cents per share, representing a year-over-year increase of about 35.9%.
First Quarter Recap
Plum Creek reported fiscal 2011 first quarter earnings of $38 million or 23 cents per share, compared with $87 million or 54 cents in the year-earlier quarter. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Interactive Misses But Grows

Posted: 22 Jul 2011 11:35 AM PDT

Interactive Brokers Group, Inc.'s (NASDAQ:IBKR) second quarter 2011 earnings per share came in at 22 cents, substantially lower than the Zacks Consensus Estimate of 30 cents. However, this compares favorably with earnings of 9 cents in the year-ago quarter. 
Including the full effect of currency translation, the company reported earnings of 31 cents during the quarter. This reflects the new GAAP convention that requires currency translation results contained in Other Comprehensive Income as … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Vol Drops, Heat Still Up

Posted: 22 Jul 2011 11:18 AM PDT

Cusick’s Corner
Earnings and the debt talks remain in focus. CAT earnings failed to impress which is helping to dampen this market. It’s hot in DC right now but tempers could get even hotter this weekend if there’s no debt deal. Some traders may lack faith in any debt deals being made anytime soon in the U.S., pushing Gold and Silver higher, GLD $156.11 +1.28 (+0.83%) and SLV 39.24 +0.93 (+2.43%). With this political uncertainty in the market, may be worth looking at potential price protection. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Up In U.S. Trade

Posted: 22 Jul 2011 11:15 AM PDT

Forexpros – The Australian Dollar was higher against the U.S. Dollar on Friday.<br/><br/> AUD/USD was trading at 1.0855, up 0.13% at time of writing.<br/><br/> The pair was likely to find support at 1.0561, Monday&rsquo;s low, and resistance at 1.0875, today&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.53% to hit 1.3237 and AUD/JPY rising 0.34% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Manpower Tops Estimate

Posted: 22 Jul 2011 10:59 AM PDT

ManpowerGroup (NYSE:MAN), the global leader in the employment services industry, recently posted better-than-expected second-quarter 2011 results that topped the Zacks' expectation on the heels of revenue growth across all regions with several European and emerging markets portraying robust trends. Better expense control also lent support to the bottom line. However, fall in demand for the counter-cyclical outplacement services continues to impact the results. The company also cautioned that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Diamond Sparkles In Q2

Posted: 22 Jul 2011 10:59 AM PDT

Diamond Offshore Drilling Inc. (NYSE:DO) has reported second quarter 2011 earnings of $1.92 per share, striding ahead of the Zacks Consensus Estimate of $1.90. The quarter's results also showed an improvement from $1.61 earned a year ago.
Total revenue in the quarter increased approximately 8% year over year to $889.5 million, handily beating the Zacks Consensus Estimate of $871 million.
Dividend Story
Diamond Offshore declared a 75 cent per share special dividend in the quarter, which remained … [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: 22 Jul 2011 10:45 AM PDT

Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Friday.<br/><br/> NZD/USD was trading at 0.8652, up 0.25% at time of writing.<br/><br/> The pair was likely to find support at 0.8414, Monday&rsquo;s low, and resistance at 0.8674, today&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.14% to hit 1.2544 and EUR/NZD falling 0.64% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Beat Spurs Lively Trade In Schlumberger Options

Posted: 22 Jul 2011 10:36 AM PDT

Earnings beat spurs lively trade in Schlumberger options
Today's tickers: SLB, BSX, PSS & IFF
(NYSE:SLB) – Schlumberger Ltd. – Shares in the world's largest oilfield-services provider shot up 3.6% to $94.28 today after the company revealed better-than-expected earnings for the second quarter. Schlumberger said profits in the quarter increased 64% on rising crude prices, which spurred more onshore drilling on U.S. soil. Options traders appear to be employing numerous strategies on the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Chubb Beats Estimate, Guides Up

Posted: 22 Jul 2011 10:35 AM PDT

Property and Casualty insurer Chubb Corp. (NYSE:CB) has reported second quarter operating earnings of $1.27 per share, substantially outpacing the Zacks Consensus Estimate of $1.02. The results embedded 72 cents per share impact of catastrophes. However, earnings were lower than $1.41 reported in the prior-year quarter, when the impact of catastrophes was 38 cents per share.
Net premiums written was up 5.9% year over year to $3.1 billion, based on an increase across all of its business lines – … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

United Tops On High Fares

Posted: 22 Jul 2011 10:35 AM PDT

The largest U.S. airline United Continental Holdings Inc. (UAL) has reported second quarter adjusted earnings of $1.49 per share, outpacing the Zacks Consensus Estimate by 7 cents. Despite higher fuel prices and capacity cuts, earnings were aided by increased fares.
Adjusted earnings exclude $39 million of special items pertaining to merger-related costs and other one-time charges. Including these charges, earnings per share dropped 11.5% year over year to $1.39.
Revenue
Total revenue climbed … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

“Everything…depends On Government”

Posted: 22 Jul 2011 10:32 AM PDT

07/22/11 Meridian Equity Partners’ Stephen Guilfoyle discusses earnings, fundamentals and the looming deadline for raising the US debt … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down In U.S. Trade

Posted: 22 Jul 2011 10:00 AM PDT

Forexpros – The British Pound was lower against the U.S. Dollar on Friday.<br/><br/> GBP/USD was trading at 1.6312, down 0.12% at time of writing.<br/><br/> The pair was likely to find support at 1.6006, Monday&rsquo;s low, and resistance at 1.6341, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.29% to hit 0.8807 and GBP/JPY rising 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Markets Close Higher; Dax Up 0.50%

Posted: 22 Jul 2011 09:55 AM PDT

Forexpros – European stocks were up after the closing bell on Friday.<br/><br/> At the close of European trade, Germany&rsquo;s DAX rose 0.50%, London&rsquo;s FTSE 100 gained 0.60%, France&rsquo;s CAC 40 climbed 0.68% and the EURO STOXX 50 was up 0.34%.<br/><br/> Earlier in the day, data showed that Germany&rsquo;s Ifo business climate fell more-than-expected to 112.9 last month, from 114.5 in the preceding month.<br/><br/> Analysts had … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

FTSE 100 Report: Summer Offers Mixed Fortunes For London Large Caps

Posted: 22 Jul 2011 03:18 AM PDT

The annual wind down to silly season took a genuinely surprising twist this year when a couple of major news stories broke that triggered a hurried rescheduling of summer holidays. Of course, an escalating European sovereign debt crisis and the threat (albeit modest) of financial Armageddon in the States ought never really get in the way of a decent beach break. However, the opportunity to put the boot in to News Corp meant journalists and politicians were more than willing to put the Sangria … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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