DailyMarkets.com - Earnings Preview: Johnson Controls Inc.

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• Earnings Preview: Johnson Controls Inc.
• Tanger Acquires NJ And MD Assets
• Excellent Quarter For Peabody Energy
• State Street Misses; Revenue Higher
• Housing Starts And Building Permits Rise
• Triple Timeframing The Breakdowns And Levels In BAC
• Coca-Cola’s 2Q Net Income Jumps 18%
• Forex – AUD/USD Up In U.S. Trade
• UDR Closes Secondary Offering
• General Moly Receives Water Rights Approval For Mt. Hope Molybdenum Mine
• Omnicom Group Beats Estimate
• Earnings Preview: Intel Corp
• Flowserve Builds Order Book
• Harley-Davidson Rides Past Estimates
• After Failed Bearish Breakout, GBP/USD Has 1.6415 In Sight
• Forex – USD/JPY Down On Economic Data, Earnings
• “Gains…on Positive Macro Economic News, Earnings”
• Check Point Posts Decent 2Q
• Wells Fargo Beats By A Penny
• Wynn Resorts Outperforms In Q2
• News Corp. Calls Active As Murdoch & Murdoch Meet With U.K. Lawmakers
• BofA Runs Into Loss, As Expected
• Grainger Beats, Raises Outlook
• UNH Beats Est, Ups 2011 Guidance
• Risk Appetite Boosts Dollar
• European Markets Close Higher; Dax Up 1.19%
• Zions Beats Estimates
• Earnings Preview: C.R. Bard
• MGIC Lags Est On High Claims Cost
• Lincare EPS Misses, Profit Dips
• KeyCorp Beats Estimates
• PetMed Express Disappoints
• J&J Beats, Maintains Outlook
• Goldman Lags Estimates
• Coca Cola Beats By A Penny
• With RBA And BOC Diverging, Can This Present An Opportunity To Short AUD/CAD?
• Bonds Temper Losses On Risk Revival
• SNWV Hits Another Milestone
• SNWV Hits Another Milestone
• Neutral On CME Group
• Earnings Preview: JAKKS Pacific
• Word From The Floor: Wall Street Surge On Earnings, Housing Data
• Forex Trading: EURUSD Falls Through Support As Longs Give In
• Forex Trading: GBPUSD Finds Support Against 100 Hour MA Today
• Swiss Franc: The Downside Prevails
• Australian Dollar: The Downside Prevails
• Japanese Yen: Under Pressure
• Canadian Dollar: Key ST Resistance At 993
• British Pound: Under Pressure
• Euro: The Downside Prevails
• Brent Crude Cracking Wedge Resistance
• Earnings Preview: Lexmark
• SWK Lags Estimate, Outlook Promising
• Natural Gas Futures Pare Gains On Profit Taking
• GBP/AUD To Test 1.5040 Pivot After Respecting 1.52 Resistance
• Markets In Everything: Billionaire Snagging School
• Forex – Dollar Broadly Lower As Euro Posts Steady Gains
• Crude Rises To Trade Above $97
• Forex – GBP/USD Steady But Euro Debt Woes Weigh Risk Appetite
• Gold Futures Ease Off Record High As EU Summit Eyed
• Forex – EUR/USD Up But Gains Capped Ahead Of EU Summit
• Forex Trading: EURUSD Not To Be Fought As Resistance Levels Sliced Through
• Risk Recovery And Kind Words Spark Euro Recovery
• Morning Market Brief
• Fitbug Raises New Cash To Fund US Ambitions
• Craneware Confirms Strong Growth As Hospital Contracts Keep Coming
• Tracking The 52 Week High: Does Trend Following Work For Stocks?

Earnings Preview: Johnson Controls Inc. Posted: 19 Jul 2011 11:35 AM PDT Johnson Controls Inc. (NYSE:JCI) is scheduled to release its third quarter 2011 results before the market opens on July 20, 2011. The Wisconsin-based company earned 56 cents per share in the first quarter, beating the Zacks Consensus Estimate by a penny. For the upcoming quarter, the Zacks Consensus Estimate for Johnson Controls is pegged at a profit of 53 cents per share, which reflects an annualized decline of 1.15%. The upside potential of the estimate, essentially a proxy for future earnings … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Tanger Acquires NJ And MD Assets Posted: 19 Jul 2011 11:35 AM PDT Tanger Factory Outlet Centers Inc. (NYSE:SKT), a real estate investment trust (REIT), has recently acquired Phase I and Phase II of Atlantic City Outlets The Walk in Atlantic City, New Jersey, and Ocean City Factory Outlets in Ocean City, Maryland, for a combined price of $199.3 million. The purchase price included approximately $125.8 million paid in cash and the assumption of approximately $73.5 million of debt associated with the properties. Tanger expects the properties to be accretive from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Excellent Quarter For Peabody Energy Posted: 19 Jul 2011 11:35 AM PDT St. Louis-based Peabody Energy Corporation (NYSE:BTU) reported another robust quarter with second-quarter 2011 earnings of $1.11 per share, surging above the Zacks Consensus Estimate of $1.04. The company's profits for the quarter rose 61% from last year's earnings of 69 cents, driven by higher prices for coal. Revenue Peabody's quarterly revenue at $2.01 billion increased 21% year-over-year on the back of robust coal prices across the board and higher Australian volumes. The company's … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

State Street Misses; Revenue Higher Posted: 19 Jul 2011 11:35 AM PDT State Street Corporation's (NYSE:STT) second quarter 2011 operating earnings of 96 cents per share were a penny behind the Zacks Consensus Estimate of 97 cents. However, the results compare favorably with the prior quarter earnings of 88 cents and the prior-year quarter earnings of 93 cents. Operating results, however, exclude certain discount accretion related to former conduit assets, restructuring charges related to reduction in staff and merger and integration costs. On a GAAP basis, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Housing Starts And Building Permits Rise Posted: 19 Jul 2011 11:35 AM PDT Housing Starts rose in June to a seasonally-adjusted annual rate of 629,000 from 549,000 in May, an increase of 14.6%. However, the May numbers were revised lower from 560,000, so it is possible to see the increase as 69,000, or 12.3%. Relative to a year ago they are up 11.8%. Quite frankly, a year ago was also a pretty lousy time for the home builders, so the rise is off a pretty easy comp. Still, any increase is very welcome given the extremely depressed state of the housing industry. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Triple Timeframing The Breakdowns And Levels In BAC Posted: 19 Jul 2011 11:16 AM PDT With bad earnings putting Bank of America (BAC) in focus today, what is the message from the triple-timeframe structure of the charts in the stock? Let's take a look starting with the monthly frame and drilling down to the daily chart, noting key levels and  lessons along the way. With the exception of a "Last Gasp" bounce in late 2007 (the Stock Market peak), Bank of America shares peaked structurally in late 2006. We saw the first breakdown of the rising 20 month EMA (a key … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Coca-Cola’s 2Q Net Income Jumps 18% Posted: 19 Jul 2011 11:15 AM PDT 07/19/11 Strong sales at higher prices has helped allow the Coca-Cola Company to record a 2Q net income boost of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Up In U.S. Trade Posted: 19 Jul 2011 11:15 AM PDT Forexpros – The Australian Dollar was higher against the U.S. Dollar on Tuesday after the release of U.S. data on Housing Starts.<br/><br/> AUD/USD was trading at 1.0720, up 1.07% at time of writing.<br/><br/> The pair was likely to find support at 1.0561, Monday&rsquo;s low, and resistance at 1.0786, Thursday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that the number of housing starts in the U.S. rose more-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

UDR Closes Secondary Offering Posted: 19 Jul 2011 11:05 AM PDT UDR Inc. (NYSE:UDR), a leading multifamily real estate investment trust (REIT), has recently closed its secondary offering of 20.7 million shares at $25.00 each. The equity offer included 2.7 million shares sold to the underwriters pursuant to the full exercise of the over-allotment options. BofA Merrill Lynch – the investment banking and wealth management division of Bank of America Corporation (BAC); Wells Fargo Securities, LLC, part of Wells Fargo & Company (NYSE:WFC); JPMorgan Chase & … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

General Moly Receives Water Rights Approval For Mt. Hope Molybdenum Mine Posted: 19 Jul 2011 10:59 AM PDT I introduced General Moly  to my subscribers in May of 2009. At that time, the permitting process was not paramount, as financing was the critical consideration as we were still emerging from the depths of the mining sector crash during the 2008 credit crisis. At the same time, China was embarking on a search for potential mining acquisitions in the West. It was inevitable that a plum such as General Moly would catch Beijing's eyes. General Moly sits atop a massive mountain of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Omnicom Group Beats Estimate Posted: 19 Jul 2011 10:58 AM PDT Omnicom Group Inc. (NYSE:OMC) posted decent operating results for the second quarter of 2011 on July 19.   Omnicom's net income in the quarter grew 13.1% year over year to $275.1 million from $243.3 million in the second quarter of 2010. Earnings per share (EPS) expanded by 21.5% from 79 cents in the year-ago quarter to 96 cents in the reported quarter. EPS also beats the Zacks Consensus Estimate of 92 cents. Total revenue was $3,487.4 million, up 14.7% year over year from $3,041.2 million … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Intel Corp Posted: 19 Jul 2011 10:58 AM PDT Intel Corp (NASDAQ:INTC) is scheduled to announce its second quarter earnings after the closing bell on July 20. We expect the company to report generally in line with the Zacks Consensus Estimate, as positives and negatives offset each other. We also note that estimates for the June quarter have remained unchanged at 51 cents over the last 60 days. They had advanced 6 cents following the first quarter earnings announcement (see our detailed analysis here – Intel Posts Solid Results, Outlook). On … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Flowserve Builds Order Book Posted: 19 Jul 2011 10:58 AM PDT According to Thomson Reuters, Flowerserve Corporation (FLS), a leading manufacturer and aftermarket service provider of comprehensive flow control systems has received a multi-million dollar order from Korea Hydro & Nuclear Power Co. Ltd (KHNP). KHNP has placed orders for Flowerserve's main steam isolation valves (MSIVs) and main feedwater isolation valves (MFIVs), meant for use at its Shin-Ulchin 1 and 2 nuclear power plant's pressurized water reactors. These reactors are currently … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Harley-Davidson Rides Past Estimates Posted: 19 Jul 2011 10:58 AM PDT Harley-Davidson Inc. (NYSE:HOG) revealed a 37% rise in profits to $190.6 million or 81 cents per share in the second quarter of the year, compared to $139.3 million or 59 cents per share last year. The motorcycle maker surpassed the Zacks Consensus Estimate of 70 cents per share. Results were driven by higher shipment volumes. Operating income increased 38% to $301.9 million from $218.8 million a year ago. Gross margin was flat at 35%, compared with the year-ago period. The company expects gross … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

After Failed Bearish Breakout, GBP/USD Has 1.6415 In Sight Posted: 19 Jul 2011 10:53 AM PDT Prev: GBP/USD in a Pullback after Bearish Breakout (7/18) GBP/USD Failed Bearish Breakout - The bearish breakout yesterday was followed by a pullback towards 1.6075. We reached across to find resistance at 1.6080, but the market stayed above the recent local pivot near 1.6058, and built strength instead. Bullish Breakout…more clues needed - Now there is an upside break. Note the RSI kissing 70 after just kissing 30, reflecting a ranging mode. The break to the upside is like the break to the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down On Economic Data, Earnings Posted: 19 Jul 2011 10:45 AM PDT Forexpros – The U.S. Dollar was lower against the Japanese Yen on Tuesday after the release of U.S. data on Housing Starts.<br/><br/> USD/JPY was trading at 78.94, down 0.13% at time of writing.<br/><br/> The pair was likely to find support at 78.47, Thursday&rsquo;s low, and resistance at 79.60, Thursday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that the number of housing starts in the U.S. rose more-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

“Gains…on Positive Macro Economic News, Earnings” Posted: 19 Jul 2011 05:39 AM PDT 07/19/11 Sunrise Securities’ Ben Willis discusses today’s rally and the latest corporate earnings … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Check Point Posts Decent 2Q Posted: 19 Jul 2011 10:35 AM PDT Check Point Software Technologies Ltd.'s (NASDAQ:CHKP) second quarter 2011 earnings of 64 cents per share inched past the Zacks Consensus Estimate of 63 cents. The adjusted earnings per share exclude one-time items, but include stock-based compensation expense. Check Point witnessed strong network security product sales across all geographical regions. Revenue Check Point reported revenue of $300.6 million in the second quarter, up 15.1% from $261.1 million in the year-ago period. The improvement … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Wells Fargo Beats By A Penny Posted: 19 Jul 2011 10:35 AM PDT Wells Fargo & Company's (NYSE:WFC) second quarter 2011 earnings of 70 cents per share were a penny ahead of the Zacks Consensus Estimate. Results improved from earnings of 67 cents in the prior quarter and 55 cents in the year-ago quarter. Quarterly results reflect a decent reserve release and a decrease in expenses. Wells Fargo's second quarter net income applicable to common stock came in at $3.7 billion, compared with $3.6 billion in the prior quarter and $2.9 billion in the prior-year … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Wynn Resorts Outperforms In Q2 Posted: 19 Jul 2011 10:35 AM PDT Wynn Resorts Ltd. (NASDAQ:WYNN) reported second quarter 2011 adjusted earnings of $1.60 per share. The quarter's earnings trounced the Zacks Consensus Estimate of 99 cents and improved considerably from 52 cents earned in the prior-year quarter. On a GAAP basis, earnings per share were 97 cents versus 42 cents recorded in the comparable quarter last year. Net revenue climbed 32.4% year over year to $1,367.4 million. The outperformance was primarily attributable to the business boom in Macau and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

News Corp. Calls Active As Murdoch & Murdoch Meet With U.K. Lawmakers Posted: 19 Jul 2011 10:32 AM PDT News Corp. calls active as Murdoch & Murdoch meet with U.K. lawmakers Today's tickers: NWSA, WFC, TGT & MAS (NWSA) – News Corp. – The hours of testimony provided by Rupert and James Murdoch to U.K. lawmakers today had a positive effect on shares in News Corp., which increased 5.8% to $15.84 after the questioning ended. The phone-hacking scandal had pushed shares in the diversified global media company down roughly 18.0% in the past couple of weeks to as low as $14.76 on Monday. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BofA Runs Into Loss, As Expected Posted: 19 Jul 2011 10:15 AM PDT Bank of America Corporation's (NYSE:BAC) second quarter 2011 loss of 90 cents per share was a penny narrower than the Zacks Consensus Estimate, and compares unfavorably with earnings of 27 cents in the prior-year quarter. BofA's decision to settle its legacy Countrywide mortgage repurchase and servicing claims had a severe impact on second quarter results. However, the negatives were partially offset by lower credit costs, gains from the sale of non-core assets and debt securities, improved … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Grainger Beats, Raises Outlook Posted: 19 Jul 2011 10:05 AM PDT W.W. Grainger Inc. (NYSE:GWW) reported net earnings of $170 million in the second quarter of 2011,up 32% from $129 million in the year-ago quarter. Earnings per share (EPS) increased 35% year over year to $2.34 from $1.73 in 2010. Reported earnings in the quarter included a benefit of 12 cents per share related to the settlement of tax examinations related to 2007 and 2008, compared with the benefit of 8 cents per share from changes to the company’s paid time off policy realized in the prior-year … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

UNH Beats Est, Ups 2011 Guidance Posted: 19 Jul 2011 10:05 AM PDT UnitedHealth Group Inc. (NYSE:UNH) reported second quarter 2011 operating earnings of $1.16 per share, beating the Zacks Consensus Estimate of 93 cents. Earnings also compared favorably with 99 cents per share reported in the prior-year quarter. Net earnings increased 13% year over year to $1.3 billion in the reported quarter. Results were aided by a strong revenue growth from UnitedHealthcare, as well as from Optum businesses. Operational Update UnitedHealth reported revenue of $25.23 billion in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Risk Appetite Boosts Dollar Posted: 19 Jul 2011 05:00 AM PDT 07/19/11 Risk appetite rebounded this afternoon on Greek bailout hopes and strong US housing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Markets Close Higher; Dax Up 1.19% Posted: 19 Jul 2011 09:55 AM PDT Forexpros – European stocks were up after the closing bell on Tuesday.<br/><br/> At the close of European trade, Germany&rsquo;s DAX rose 1.19%, London&rsquo;s FTSE 100 gained 0.65%, France&rsquo;s CAC 40 climbed 1.21% and the EURO STOXX 50 was up 1.34%.<br/><br/> Earlier in the day, data showed that German ZEW economic sentiment fell more-than-expected to -15.1 last month, from -9.0 in the preceding month.<br/><br/> Analysts had expected German … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Zions Beats Estimates Posted: 19 Jul 2011 09:50 AM PDT Zions Bancorp. (NASDAQ:ZION) reported second quarter 2011 earnings of 45 cents per share, exceeding the Zacks Consensus Estimate of a loss of 1 cent. This also marks an improvement from the prior quarter's earnings of 29 cents. After considering non-cash effects of the discount amortization on convertible subordinated debt and additional accretion on acquired loans, Zions reported first quarter net profit of $29.0 million or 16 cents per share. This compares favorably with the prior quarter's … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: C.R. Bard Posted: 19 Jul 2011 09:50 AM PDT Leading medical devices maker C.R. Bard (NYSE:BCR) is slated to announce its second- quarter 2011 results after the closing bell on Thursday, July 21. The New Jersey-based company expects its sales for the quarter to grow 6%-8% in constant currency. Moreover, it expects adjusted EPS between $1.53 and $1.57. The current Zacks Consensus Estimates for revenues and earnings are $728 million and $1.57 a share, respectively. First-Quarter Recap C.R. Bard's first quarter fiscal 2011 earnings of $1.51 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

MGIC Lags Est On High Claims Cost Posted: 19 Jul 2011 09:50 AM PDT Mortgage insurer MGIC Investment Corp. (MTG) reported second quarter 2011 operating loss of 86 cents per share, significantly lagging the Zacks Consensus Estimate of a profit of 5 cents per share. It is highly reflective of the repercussions that the company is still facing in relation to the U.S housing market fiasco.  Total revenues for the quarter were $367.0 million, down 9.7% year over year. Net premiums written dropped 8.4% year over year to $270.4 million due to adherence to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Lincare EPS Misses, Profit Dips Posted: 19 Jul 2011 09:35 AM PDT Lincare Holdings (NASDAQ:LNCR), a leading provider of oxygen and respiratory therapies, posted second-quarter fiscal 2011 earnings per share of 45 cents, below the Zacks Consensus Estimate of 51 cents and the year-ago earnings of 47 cents. Profit slid 7.9% year over year to $42.8 million as higher cost of sales more than neutralized the increase in revenues. Revenues climbed 7.3% year over year to $449 million, matching the Zacks Consensus Estimate. Sales included an unfavorable impact of $21 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

KeyCorp Beats Estimates Posted: 19 Jul 2011 09:35 AM PDT KeyCorp's (NYSE:KEY) second quarter 2011 net income from continuing operations of 26 cents per share substantially exceeded the Zacks Consensus Estimate of 20 cents. This also compared favorably with the prior quarter earnings of 21 cents and prior-year quarter loss of 5 cents. Including discontinued operations, KeyCorp's net income for the reported quarter came in at $234 million or 25 cents per share compared with a net income of $173 million or 19 cents per share and a loss of $67 million … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

PetMed Express Disappoints Posted: 19 Jul 2011 09:05 AM PDT America's largest pet pharmacy, PetMed Express (NASDAQ:PETS) reported another disappointing quarter. The company reported an EPS of 22 cents for the first quarter of fiscal 2012, down 30% from the year-ago quarter, missing the Zacks Consensus Estimate of 24 cents. Net sales of PetMed declined 1.1% year over year to $73.6 million, marginally missing the Zacks Consensus Estimate of $74 million. Sales were down due to the company's aggressive pricing on flea and tick products. Despite lower sales, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

J&J Beats, Maintains Outlook Posted: 19 Jul 2011 09:05 AM PDT Johnson & Johnson (NYSE:JNJ) posted second-quarter 2011 earnings (excluding special items) of $1.28 per share, $0.04 above the Zacks Consensus Estimate and 5.8% above the previous year’s $1.21. The company beat expectations despite being hampered by product recalls. Johnson & Johnson's revenues for the reported quarter increased 8.3% year-over-year to $16.6 billion. Revenues exceeded the Zacks Consensus Estimate of $16.2 billion. Operational factors and foreign exchange movement … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Goldman Lags Estimates Posted: 19 Jul 2011 09:05 AM PDT The Goldman Sachs Group Inc.'s (NYSE:GS) second-quarter 2011 earnings per share of $1.85 were significantly below the Zacks Consensus Estimate of $2.29 per share. Coupled with global macro-economic concerns, the results deteriorated driven by a decrease in revenue and poor performance in Institutional Client Services division. However, lower operating expenses partially offset the decline. Net income applicable to common shareholders in the quarter was $1.1 billion compared with $908 million … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Coca Cola Beats By A Penny Posted: 19 Jul 2011 08:50 AM PDT The Coca Cola Company (NYSE:KO) reported operating earnings per share of $1.17 for the second-quarter 2011, ahead of the Zacks Consensus Estimate by a penny. It was also higher than the year-ago EPS of $1.06. In both the current and the prior-year quarter, Coca Cola was impacted by restructuring charges and costs related to global productivity initiatives as well as the acquisition of Coca Cola Enterprises’ (NYSE:CCE) North American operations. Including these one-time items, the company reported … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

With RBA And BOC Diverging, Can This Present An Opportunity To Short AUD/CAD? Posted: 19 Jul 2011 08:49 AM PDT Isolating Out Risk Sentiment The trade idea is to see if we may have a fundamental bias shift underway between the Australian and Canadian Dollars. Both currencies are "commodity currencies" and move based on similar dynamics in that they strengthen when the global economy is strong and demand for commodities is robust. They also tend to decline when there is risk aversion or uncertainties in financial markets. The key differences between the two is that Australia is more tied to the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bonds Temper Losses On Risk Revival Posted: 19 Jul 2011 08:36 AM PDT Government bond prices continued to look tired following a stellar multi-week run higher in response to growing fears for the health of the global economy should Europe's debt crisis worsen. Peripheral bond prices recovered and the single currency advanced propelled by investors chomping at the bit to buy equities following a slew of losses. Short-end interest rate futures edged lower as fears subsided ahead of a critical European summit on Thursday on hopes that someone holds the keys to the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

SNWV Hits Another Milestone Posted: 19 Jul 2011 08:35 AM PDT SNWV Hits Another Milestone – CPT III Codes Released SANUWAVE (SNWV) continues to make progress with commercialization of its flagship device for the treatment of diabetic foot ulcers (DFU).  Just last week the company announced that they had made the third and final module filing to the FDA for dermaPACE in DFU.  Also announced was additional positive data from their Phase III IDE study that was used to support the regulatory filing.    This morning SANUWAVE followed up … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

SNWV Hits Another Milestone Posted: 19 Jul 2011 08:35 AM PDT Brian Marckx, CFA SNWV Hits Another Milestone – CPT III Codes Released SANUWAVE (SNWV) continues to make progress with commercialization of its flagship device for the treatment of diabetic foot ulcers (DFU).  Just last week the company announced that they had made the third and final module filing to the FDA for dermaPACE in DFU.  Also announced was additional positive data from their Phase III IDE study that was used to support the regulatory filing.    This morning … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Neutral On CME Group Posted: 19 Jul 2011 08:35 AM PDT CME Group Inc.'s (NASDAQ:CME) offers a diverse derivative-product line that is expected to drive volumes. Moreover, the company's efforts to promote, expand and cross-sell its core exchange-traded business through strategic alliances, meaningful acquisitions, newer product initiatives along with its global presence will generate a decent growth in the long run. However, these positives are somewhat dwarfed by debt obligations that stood at a cautious level, posing ample financial risk. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: JAKKS Pacific Posted: 19 Jul 2011 08:35 AM PDT JAKKS Pacific Inc. (NASDAQ:JAKK), a multi-brand company that designs and markets a broad range of toys and consumer products, is slated to release its second quarter 2011 results on Wednesday, July 20, before the opening bell. The current Zacks Consensus Estimate for the quarter is pegged at 15 cents per share, which reflects an annualized negative growth of 9.56%.  The current Zacks Consensus Sales Estimate for the second quarter is $129 million. With respect to earnings surprises over … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Word From The Floor: Wall Street Surge On Earnings, Housing Data Posted: 19 Jul 2011 08:33 AM PDT 07/19/11 US stocks soared on corporate earnings that mostly topped expectations, and housing starts that rose to a five-month … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Falls Through Support As Longs Give In Posted: 19 Jul 2011 08:23 AM PDT The EURUSD fell through the support at the 1.4182 level (trendline, remembered line and 38.2% of the NY surge higher) and sellers/profit taking sold.   Resistance now at 1.4183. Support at 1.4159 now.  This is the 38.2% of the days range. The price is still up on the day.  The price bottomed against the 100 hour MA/200 hour MA earlier in the NY session. The price fell short of the high for the day, but I have to respect the upside action. I would expect buyers to look to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: GBPUSD Finds Support Against 100 Hour MA Today Posted: 19 Jul 2011 08:19 AM PDT … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Swiss Franc: The Downside Prevails Posted: 19 Jul 2011 08:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Australian Dollar: The Downside Prevails Posted: 19 Jul 2011 08:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Japanese Yen: Under Pressure Posted: 19 Jul 2011 08:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Canadian Dollar: Key ST Resistance At 993 Posted: 19 Jul 2011 08:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

British Pound: Under Pressure Posted: 19 Jul 2011 08:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Euro: The Downside Prevails Posted: 19 Jul 2011 08:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Brent Crude Cracking Wedge Resistance Posted: 19 Jul 2011 08:13 AM PDT Brent Crude - The Brent chart looks bullish in the 4H chart. The market is above the 200SMA, and the RSI reading is staying above 40 after being above 70 (maintaining bullish momentum after establishing it. Also the RSI reading is lower that the last low while the price low is higher.  This is a positive reversal signal, suggesting a swing projection towards 121. - The bullish outlook remains very valid until a break below 115 and the 200SMA in the 4H chart. - If the 4H RSI also breaks … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Lexmark Posted: 19 Jul 2011 08:05 AM PDT Lexmark Inc.(NYSE:LXK) is scheduled to announce its second quarter 2011 results on July 26, 2011. There have been a few changes in analysts' estimates post the release of its first quarter 2011 results. Second Quarter Overview The company reported weak second quarter results, with earnings per share of $1.14 missing the Zacks Consensus Estimate of $1.24 and management's guided range of $1.18–$1.28. The disappointing results were primarily attributable to lower revenues and higher operating … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

SWK Lags Estimate, Outlook Promising Posted: 19 Jul 2011 08:05 AM PDT Stanley Black & Decker (NYSE:SWK) reported its financial results for the second quarter of 2011 with earnings per share from continuing operations of $1.18, up from $1.03 in the year-ago comparable quarter. EPS was, however, below the Zacks Consensus Estimate of $1.27. GAAP EPS, including 32 cents of merger related charges and 28 cents of favorable tax settlement impacts, was $1.14 compared with 28 cents in the second quarter of 2010. Revenue Net revenue for the second quarter jumped 10.9% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Futures Pare Gains On Profit Taking Posted: 19 Jul 2011 07:52 AM PDT Forexpros – Natural gas futures pared gains on Tuesday, easing off a one-month high as some mild profit taking emerged and as traders looked past the heat wave that has supported demand for the fuel in the past week.&nbsp;&nbsp;&nbsp; <br /><br />On the New York Mercantile Exchange, natural gas futures for August delivery traded at USD4.545 per million British thermal units during U.S. morning trade, edging 0.33% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/AUD To Test 1.5040 Pivot After Respecting 1.52 Resistance Posted: 19 Jul 2011 07:49 AM PDT GBP/AUD - The market rejected GBP/AUD's rally after it briefly cracked the 1.52 resistance. Note this was also where the 200SMA in the 4H chart resided. - The bearish correction is now cracking a 1.5075 pivot, looking to test a lower pivot in the  1.5035- 1.5040 area in the near-term. Note that this is also the 38.2% retracement level. - The next support pivot is around 1.4950-1.4960 near 61.8% retracement. A break below that should invalidate the bullish scenario, and suggests a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Markets In Everything: Billionaire Snagging School Posted: 19 Jul 2011 07:46 AM PDT BEIJING (Reuters Life!) – “Want to marry rich? Then the unlikely named Beijing Moral Education Center for Women is for you.  For 30 hours of training costing 20,000 yuan ($3,080), Chinese women keen to snag a billionaire, millionaire or even just an affluent man learn techniques to make them more attractive, from how to put on make-up in the most flattering way to how to spot a liar by looking at his facial expressions. The school in the world’s second largest economy — home to 189 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Broadly Lower As Euro Posts Steady Gains Posted: 19 Jul 2011 07:43 AM PDT Forexpros – The U.S. dollar was broadly lower against its major counterparts on Tuesday, as the euro strengthened on the back of a rebound in equities and easing euro zone peripheral bond yields.<br /><br />During U.S. morning trade, the greenback was weaker against the euro, with EUR/USD climbing 0.58% to hit 1.4192.<br /><br />The single currency found support as yields on Italian and Spanish government bonds retreated slightly after rising sharply in the previous … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Rises To Trade Above $97 Posted: 19 Jul 2011 02:30 AM PDT 07/19/11 Front month crude prices continued to rise today on Greek bailout hopes and a weaker … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Steady But Euro Debt Woes Weigh Risk Appetite Posted: 19 Jul 2011 07:30 AM PDT Forexpros – The pound held gains against the broadly weaker U.S. dollar on Tuesday, trading close to a two-day high as market sentiment strengthened as equities rebounded and peripheral euro zone bond yields eased.<br /><br />GBP/USD hit 1.6160 during early U.S. trade, the pair&rsquo;s highest since July 15; the pair subsequently consolidated at 1.6143, gaining 0.55%.<br /><br />Cable was likely to find support at 1.6004, Monday&rsquo;s low and short-term … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures Ease Off Record High As EU Summit Eyed Posted: 19 Jul 2011 07:30 AM PDT Forexpros – Gold futures erased gains on Tuesday, pulling back from a record high as some mild profit taking emerged and as fears over the euro zone&rsquo;s debt crisis eased ahead of an emergency summit of euro zone leaders later in the week. <br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,600.55 a troy ounce during U.S. morning trade, edging 0.35% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up But Gains Capped Ahead Of EU Summit Posted: 19 Jul 2011 07:22 AM PDT Forexpros – The euro posted steady gains against the U.S. dollar on Tuesday, trading close to a three-day high, but further gains were capped amid ongoing uncertainty ahead of&nbsp; an emergency summit of euro zone leaders later in the week.<br /><br />EUR/USD hit 1.4217 during U.S. morning trade, the pair&rsquo;s highest since July 14; the pair subsequently consolidated at 1.4207, gaining 0.68%.<br /><br />The pair was likely to find support at 1.4013, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Not To Be Fought As Resistance Levels Sliced Through Posted: 19 Jul 2011 07:18 AM PDT The EURUSD continues to move higher and the move is indicative of shorts being caught. The key support held below and the normal resistance targets have shown some pause but has largely moved easily through. The last move took the price above the 1.41982, 1.4190 and 1.4195 levels.  The high for the day at 1.4216 is the next target. Resistance become support now so the market will eye 1.4195. 1.4190 and 1.4182 below now.  A move above the 1.4216 high starts to look at the  … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Risk Recovery And Kind Words Spark Euro Recovery Posted: 19 Jul 2011 06:59 AM PDT An air of relief descended on currency markets as dealers accepted comforting remarks from European officials likely to attend a crucial meeting this Thursday, which many see as a make-or-break day for the single currency. Peripheral bonds advanced after days of drubbing by a chorus of increasingly nervous investors over growing fears for a spillover of contagion surrounding the sovereign debt crisis. Stocks advanced as did the euro as those fears softened. Euro – The euro is proving … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Morning Market Brief Posted: 19 Jul 2011 06:15 AM PDT 07/19/11 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

Fitbug Raises New Cash To Fund US Ambitions Posted: 19 Jul 2011 03:09 AM PDT Fitbug (LON:FITB), the AIM-listed personal health and well-being business, has raised £770,000 in a share placing with new and existing institutional shareholders priced at 4p per share. The cash boost has been earmarked to support and accelerate the development of the company's services in the US. Fitbug's services combine online health and wellness coaching with a device that allows users to track their achievements. The company is marketing the service through partnerships with major … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Craneware Confirms Strong Growth As Hospital Contracts Keep Coming Posted: 19 Jul 2011 02:04 AM PDT Craneware (LON:CRW), the AIM listed group that sells software to US healthcare institutions that helps them improve their financial performance, said this morning that revenues in the 12 months to June had increased by 34% to $38 million. Adjusted profit before exceptional items is expected to show year-on-year growth of approximately 30% to around $9.9 million. Craneware said its three-year earnings visibility had also increased substantially – rising from $83 million last year to $105 million … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Tracking The 52 Week High: Does Trend Following Work For Stocks? Posted: 19 Jul 2011 12:19 AM PDT In Brief  An investing screen based on buying stocks that are close to their 52 week high (and/or selling stocks that are close to their 52 week lows), particularly in industries whose stock prices are close to their 52 week highs (or lows).  Similar to other forms of momentum investing, this appears to work because investors tend to under-react to positive (or negative) information about those kinds of stocks.    Background Every day, financials newspapers like the Wall … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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