DailyMarkets.com - Electronic Arts’ 2Q Disappoints

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• Electronic Arts’ 2Q Disappoints
• Thermo Fisher Beats, Raises Guidance
• Moody’s Tops Zacks Consensus
• Delphi Misses Estimate, Ups Y/Y
• Boeing Flies High, Raises Guidance
• ACE Beats, Raises Outlook
• Iconix Exceeds By A Penny
• Ryder Outperforms On Solid Revenue
• Snapple Profits From Price Hike
• CIT Reports Loss On Lower Revenue
• AutoNation Beats, Profits Up 18%
• Dow Beats Estimates
• Energizer Tops Estimates
• Hospira Outshines Zacks Estimates
• Watsco Falls Short
• Navigant Buys Ignited Discovery
• Durable Goods: Dismal
• Forex Trading: EURUSD Falls Sharply. Approaches 1.4337 Support
• Expect A Strong Second Half At CTS
• Expect A Strong Second Half At CTS
• Analyst Interview
• Seeds Of This Stepping Stone Contract Were Sown Long Ago
• ConocoPhillips Tops, Volume Shrinks
• IFF Raises Quarterly Dividend
• PX’s 2Q Impressive, Guidance Raised
• A Turbulent 2Q For Delta On Higher Fuel Costs
• Crude Oil Futures Add To Losses After U.S. EIA Inventory Data
• Earnings Preview: Starbucks
• Creative Destruction Of Jobs Makes Us Richer
• GBP/CHF’s Failed Double Bottom Suggests Bearish Projections To 1.28
• Dollar Mixed On Debt Talks As European Woes Resurface
• Word From The Floor: Stocks Slide On Debt Worries
• Forex – Dollar Mixed Amid Uncertainty Over U.S. Debt Talks
• Beleaguered USD Catches A Bid As Risk Aversion Dominates NY Session
• EUR/CHF In Bearish Breakout; Swing Projection Targets 1.13, A Record Low
• Natural Gas Futures Slide Ahead Of Contract Expiry
• Forex – GBP/USD Almost Unchanged After Weak U.S. Durables Data
• Crude Prices Drop Prior To EIA Report
• Morning Market Brief
• Petroceltic International And Hess Join Forces In Kurdistan

Electronic Arts’ 2Q Disappoints Posted: 27 Jul 2011 10:05 AM PDT Video game developer and publisher Electronic Arts (NASDAQ:ERTS), better known as EA, reported first quarter 2012 results, which was worse than the Zacks Consensus Estimate of a loss of 45 cents per share. EA's non-GAAP loss (excluding one-time items but including stock-based compensation) of 49 cents per share was much wider than 38 cents per share reported in the prior-year quarter. This was, however, in line with the high end of management's guided range of a loss of 49 cents to 44 cents. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Thermo Fisher Beats, Raises Guidance Posted: 27 Jul 2011 09:50 AM PDT Thermo Fisher Scientific (NYSE:TMO) reported an adjusted EPS of 99 cents in the second quarter of fiscal 2011, a penny above the Zacks Consensus Estimate and 22% higher than earnings of 81 cents in the second quarter of 2010. Revenues increased 12% year over year to reach $2.90 billion during the quarter, marginally beating the Zacks Consensus Estimate of $2.81 billion. The company has completed the acquisition of Dionex to strengthen its position in chromatography offering while the proposed … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Moody’s Tops Zacks Consensus Posted: 27 Jul 2011 09:50 AM PDT Moody's Corp. (NYSE:MCO) reported strong second quarter 2011 earnings, beating the Zacks Consensus Estimate of 57 cents by 22 cents (up 38.6%). Moody's reported pro forma earnings of 79 cents per share, up 61.2% year over year compared with 49 cents per share in the prior-year quarter. The positive surprise was primarily driven by strong revenues, which comprehensively beat the Zacks Consensus Estimate. Based on the strong results, Moody's revised its full-year earnings per share … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Delphi Misses Estimate, Ups Y/Y Posted: 27 Jul 2011 09:50 AM PDT Delphi Financial Group's (NYSE:DFG) second quarter 2011 core operating income of 86 cents per share missed the Zacks consensus Estimate by 5 cents but compared favorably with 79 cents reported in the prior-year quarter. The earnings miss was driven by lower operating income at Delphi's Asset Accumulation segment, partly offset by higher operating income at its Group Employee Benefit segment. Total revenue for the quarter was $469.3 million, up 12.6% year over year, led by increased fees and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Boeing Flies High, Raises Guidance Posted: 27 Jul 2011 09:35 AM PDT The Boeing Company (NYSE:BA), riding on higher delivery of commercial airplanes and stable all round core performance, reported strong numbers for the second quarter of 2011. In the reported quarter, the company posted quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of 97 cents a share as well as the year-ago earnings of $1.06. The robust performance was albeit partially affected by higher pension expense.  Operating Statistics On the revenue front, quarterly … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ACE Beats, Raises Outlook Posted: 27 Jul 2011 09:35 AM PDT ACE Limited (NYSE:ACE) reported second-quarter 2011 operating income of $2.01 per share, ahead of the Zacks Consensus Estimate by 33 cents. Results were, however, in line with the year ago earnings. Operating income in the quarter was $686 million, a trifle lower than $688 million in the second quarter of 2010. Better-than-expected results stemmed from higher premiums and investment income. Including net realized losses, net of tax, of $79 million or 24 cents per share, ACE Limited reported a net … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Iconix Exceeds By A Penny Posted: 27 Jul 2011 09:35 AM PDT Iconix Brand Group Inc. (NASDAQ:ICON) delivered its second quarter 2011 results with adjusted earnings of 45 cents a share, which soared 19.4% from 36 cents a share in the year-ago period, demonstrating steady organic strength across its portfolio of brands as well as strong margins. Earnings also surpassed the Zacks Consensus Estimate of 42 cents. The adjusted earnings in the quarter excludes non-cash interest related to the company’s two convertible notes, a non-cash gain of approximately $21.5 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Ryder Outperforms On Solid Revenue Posted: 27 Jul 2011 09:35 AM PDT Ryder System Inc. (NYSE:R), the world’s largest provider of integrated logistics and transportation solutions, has reported an outstanding second quarter of 2011. Adjusted earnings of 92 cents breezed past the Zacks Consensus Estimate of 77 cents. The quarter's earnings increased 59% from 58 cents in the year-ago quarter. Adjusted quarterly net income increased 56% year over year to $47.8 million from $30.6 million in the year-ago period.   The year-over-year growth was attributable to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Snapple Profits From Price Hike Posted: 27 Jul 2011 09:35 AM PDT Dr Pepper Snapple Group Inc. (NYSE:DPS) reported second-quarter 2011 earnings of 77 cents per share compared with 74 cents in the year-ago period. However, quarterly earnings were in line with the Zacks Consensus Estimate. During the quarter, Dr Pepper’s net sales grew approximately 4% year over year to $1,582.0 million. However, it fell short of the Zacks Consensus Estimate of $1,590.0 million. The year-on-year growth was mainly attributable to price increases, favorable foreign currency … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CIT Reports Loss On Lower Revenue Posted: 27 Jul 2011 09:35 AM PDT CIT Group Inc.'s (NYSE:CIT) second quarter 2011 loss came in at 24 cents per share, beating the Zacks Consensus Estimate of a loss of 26 cents. However, this compared unfavorably with the prior quarter's earnings of 33 cents and the prior-year quarter's earnings of 91 cents. Though the quarter's results benefited from an improvement in credit quality, a considerable deterioration of net interest revenue and higher interest and non-interest expenses formed the downside. Net loss for the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AutoNation Beats, Profits Up 18% Posted: 27 Jul 2011 09:04 AM PDT AutoNation Inc. (NYSE:AN) witnessed an 18% rise in profits to $73 million or 49 cents per share in the second quarter of 2011 from $62 million or 38 cents per share in the prior-year quarter. With this, the automotive retailer has inched past the Zacks Consensus Estimate of 47 cents per share. The second quarter profits excluded an adjustment related to debt-refinancing costs of $12 million (after-tax) or 7 cents per share. Revenues in the quarter scaled up 7.5% to $3.34 billion, driven by an … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dow Beats Estimates Posted: 27 Jul 2011 09:04 AM PDT The Dow Chemical Company (NYSE:DOW) earned 85 cents per share in the second quarter of 2011, ahead of the Zacks Consensus Estimate of 80 cents per share as well as last year's 54 cents per share. However, including one-time charges, the company earned 84 cents per share compared with 50 cents per share in the year-ago quarter. Quarterly revenues jumped 17% year over year to $16.0 billion and were above the Zacks Consensus Estimate of $14.7 billion, driven by double-digit gains in all operating … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Energizer Tops Estimates Posted: 27 Jul 2011 09:04 AM PDT Energizer Holdings Inc. (NYSE:ENR) reported third quarter 2011 non-GAAP earnings of $1.37 per share, comprehensively beating the Zacks Consensus Estimate of $1.26 per share. Results were driven primarily by strong razor sales that partially offset the impact of higher costs for materials and weak demand for batteries. Earnings per share (EPS) on a non-GAAP basis increased 1.5% year over year from $1.35 reported in the prior-year quarter. Operating Performance Gross profit increased 10.7% from the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hospira Outshines Zacks Estimates Posted: 27 Jul 2011 09:04 AM PDT Hospira Inc.'s (NYSE:HSP) second quarter 2011 adjusted earnings of 94 cents per share handsomely beat the Zacks Consensus Estimate of 77 cents. Earnings also surpassed the year-ago adjusted earnings of 86 cents. Earnings in the second quarter of 2011 benefited from an increase in revenues.   Revenues in the reported quarter came in at approximately $1.1 billion, up 9.9%. Revenues breezed past the Zacks Consensus Estimate of $968 million. The top line was boosted by strong performance of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Watsco Falls Short Posted: 27 Jul 2011 09:04 AM PDT Watsco Inc. (NYSE:WSO) has reported fiscal 2011 second quarter results, registering an EPS of $1.09, higher by a penny from the year-earlier quarter, but below the Zacks Consensus Estimate of $1.30. Total revenue increased 2% year over year to $884 million in the reported quarter, this included $46 million added by new locations. During the quarter Same-Store-Sales decreased 2%, including a 5% decline in air conditioning and heating (HVAC) equipment, 1% decrease in other HVAC products, offsetting … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Navigant Buys Ignited Discovery Posted: 27 Jul 2011 09:04 AM PDT In an attempt to further enhance its technology services practice, Navigant Consulting Inc. (NYSE:NCI) announced the acquisition of Ignited Discovery, a leading electronic evidence and discovery services provider. The financial terms of the deal remained undisclosed. With this acquisition, Navigant strengthened its process of data collection as well as processing and hosting capabilities for clients.   Founded in 2003, Ignited Discovery is a provider of e-Discovery services. Navigant's … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Durable Goods: Dismal Posted: 27 Jul 2011 09:04 AM PDT New Orders for Durable Goods fell 2.1% in June. That was well below the consensus expectations of an increase of 0.5%. In addition, the May numbers were revised downwards. It was first reported as an increase of 2.1%, but now they say new orders rose 1.9%. Durable goods orders are a volatile series, and it is not uncommon for a big gain in one month to be followed by a decline the next; it is more common than two months in the same direction, and three or four months in a row is rare. Still, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Falls Sharply. Approaches 1.4337 Support Posted: 27 Jul 2011 08:52 AM PDT The EURUSD moved lower on a combination of technical selling and a rumor of a US Debt ceiling solution. That was denied and the market has stabilized. From a technical perspective the move below the 100 hour MA turned the tide to the downside. The next key target comes in at the 1.4337 area where the 38.2% of the entire bullish move to the upside is found (see blue line in the chart above). Looking at the 5 minute chart, the price fell through trendline support around the time the 100 hour MA … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Expect A Strong Second Half At CTS Posted: 27 Jul 2011 08:35 AM PDT Ken Nagy, CFA Expect a Strong Second Half at CTS CTS designs, manufactures, assembles, and sells a broad line of electronic components and sensors. The firm also provides electronics manufacturing services primarily to original equipment manufacturers (OEMs), for the automotive, computer, communications, medical, industrial, and defense and aerospace markets. The firm was established in 1896 as a provider of high-quality telephone products and was incorporated as an Indiana corporation in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Expect A Strong Second Half At CTS Posted: 27 Jul 2011 08:35 AM PDT Ken Nagy, CFA Expect a Strong Second Half at CTS CTS designs, manufactures, assembles, and sells a broad line of electronic components and sensors. The firm also provides electronics manufacturing services primarily to original equipment manufacturers (OEMs), for the automotive, computer, communications, medical, industrial, and defense and aerospace markets. The firm was established in 1896 as a provider of high-quality telephone products and was incorporated as an Indiana corporation in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Analyst Interview Posted: 27 Jul 2011 08:35 AM PDT Zacks Investment Research Senior Biotech Analyst, Jason Napodano, CFA, was interviewed by OneMedRadio where he discussed International Stem Cell Corp. See interview transcript below. Brett Johnson: Welcome from New York, this is Brett Johnson with OneMed Radio. Today, we are with Jason Napodano who is the Managing Director and Senior Biotech Analyst at Zacks Investment Research. Zacks recently initiated coverage on International Stem Cell Corp, ISCO traded on the OTC. Jason, thanks for joining … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Seeds Of This Stepping Stone Contract Were Sown Long Ago Posted: 27 Jul 2011 08:35 AM PDT Ken Nagy, CFA Seeds of this Stepping Stone Contract Were Sown Long Ago Sierra Monitor Corporation (SRMC) designs and develops hazardous gas monitoring devices for the protection of personnel and facilities in industrial work places. Through its subsidiary FieldServer Technologies the firm has branched into protocol translation technology, which enables machine to machine (M2M) communication in energy and building automation applications. This high growth business should complement the gas … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ConocoPhillips Tops, Volume Shrinks Posted: 27 Jul 2011 08:35 AM PDT ConocoPhillips (NYSE:COP) reported second-quarter 2011 adjusted earnings of $2.41 per share, comfortably beating the Zacks Consensus Estimate of $2.20 as well as the year-earlier profit of $1.63. The outperformance was mainly on the back of higher price realizations and better domestic refining margins, partially offset by lower upstream volumes. Revenues in the reported quarter jumped more than 33% year over year to $67.0 billion, comfortably beating the Zacks Consensus Estimate of $57.8 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

IFF Raises Quarterly Dividend Posted: 27 Jul 2011 08:35 AM PDT New York based International Flavors & Fragrances Inc.'s (NYSE:IFF) Board of Directors approved a 15.0% hike in the company's quarterly dividend rate. The revised quarterly rate now stands at 31 cents per common share compared with 27 cents previously, resulting in an annual rate of $1.24 per common share. The revised dividend will be paid on October 5, to shareholders as of the close of business on September 21.   International Flavors & Fragrances follows a consistent policy of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

PX’s 2Q Impressive, Guidance Raised Posted: 27 Jul 2011 08:35 AM PDT Praxair Inc. (NYSE:PX) reported encouraging second quarter 2011 financial results. The company reported adjusted earnings per share of $1.38 for the quarter, above the Zacks Consensus Estimate of $1.37 and up 16% year over year. The results were in line with the higher end of management's guidance range of $1.33-$1.38. Revenue Total revenue in the quarter was $2,858 million, up 13.1% year over year and above the Zacks Consensus Estimate of $2,793 million. Increased revenue was driven by an … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

A Turbulent 2Q For Delta On Higher Fuel Costs Posted: 27 Jul 2011 08:30 AM PDT 07/27/11 Delta Air Lines reported a lower quarterly profit Wednesday as higher fuel prices offset rising … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Futures Add To Losses After U.S. EIA Inventory Data Posted: 27 Jul 2011 08:08 AM PDT Forexpros – Crude oil futures extended losses on Wednesday, falling to a four-day low after a government report showed that U.S. crude oil inventories rose unexpectedly last week, underlining concerns over a slowdown in demand from the world&rsquo;s largest oil consumer.&nbsp; <br /><br />On the New York Mercantile Exchange, light sweet crude futures for delivery in September traded at USD97.56 a barrel during U.S. morning trade, tumbling 1.9%.&nbsp; <br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Starbucks Posted: 27 Jul 2011 08:02 AM PDT Starbucks Corporation(NASDAQ:SBUX), one of the world's leading roasters and retailer of specialty coffee, is scheduled to report its third-quarter 2011 financial results on Thursday, July 28, 2011. The current Zacks Consensus Estimate for the quarter is pegged at 34 cents a share. The Zacks Consensus Estimate projects revenues for the quarter to be $2,850 million. Second Quarter 2011 Recap Starbucks, which faces stiff competition from McDonald’s Corp. (NYSE:MCD), registered robust results for the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Creative Destruction Of Jobs Makes Us Richer Posted: 27 Jul 2011 08:02 AM PDT From Walter Williams: “In 1790, farmers were 90 percent, out of a population of nearly 3 million, of the U.S. labor force. By 1900, only about 41 percent of our labor force was employed in agriculture. By 2008, fewer than 3 percent of Americans were employed in agriculture (MP: see chart above, farm jobs as a share of the labor force is now below 2%). Through labor-saving technological advances and machinery, our farmers are the world’s most productive. As a result, Americans are better … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/CHF’s Failed Double Bottom Suggests Bearish Projections To 1.28 Posted: 27 Jul 2011 08:00 AM PDT Prev: GBP/CHF Seen in a Short-term Double Bottom (7/25) GBP/CHF 1.3115 Could not Hold: - The confirmation of the double bottom was predicated on the market staying above 1.3115. - However, the market developed a double top in the 1H chart and broke below this pivot, now with a strong push back towards the 1.3057 low. - RSI reading maintaining bearish momentum with hold below 60, and to confirm bearish resumption momentum with a break below 30. Swing Projections: - Like EUR/CHF, the GBP/CHF … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dollar Mixed On Debt Talks As European Woes Resurface Posted: 27 Jul 2011 07:56 AM PDT The dollar's fight back campaign against selling by investors wary of a debt downgrade for the U.S. should lawmakers fail to agree on raising the $14.3 trillion debt ceiling ran into difficulties after a durable goods report disappointed. Several units ran up to multi-year peaks or record highs against an ailing greenback before yet unresolved European issues unsettled the single currency. Monetary policy expectations in Australia also reversed course following a jump in consumer prices … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Word From The Floor: Stocks Slide On Debt Worries Posted: 27 Jul 2011 07:55 AM PDT 07/27/11 US equity averages took a hit as the standoff over debt talks in D.C. continued. A resolution is expected, but the possibility of a debt default continues to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Mixed Amid Uncertainty Over U.S. Debt Talks Posted: 27 Jul 2011 07:44 AM PDT Forexpros – The U.S. dollar was mixed against its major counterparts on Wednesday, as market sentiment was dented by an unexpected fall in U.S durable goods orders, while uncertainty over deadlocked U.S. negotiations to raise the debt ceiling also weighed.<br /><br />During early U.S. trade, the greenback was up against the euro, with EUR/USD shedding 0.69% to hit 1.4408.<br /><br />The euro weakened amid fears that the euro zone&rsquo;s bailout fund may be … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Beleaguered USD Catches A Bid As Risk Aversion Dominates NY Session Posted: 27 Jul 2011 07:41 AM PDT Today's NY session has a decidedly "risk-off" sentiment as we have had several developments overnight weighing on traders and investors. S&P 500 has moved through its lows today as we continue to have an impasse in the US debt ceiling and debt/deficit reduction negotiations. The drop in equities exacerbated by weak US durable goods orders, a sign that manufacturing output will be soft in the coming months. Business spending on capital investment fell. In Europe, the German … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/CHF In Bearish Breakout; Swing Projection Targets 1.13, A Record Low Posted: 27 Jul 2011 07:24 AM PDT Prev: EUR/CHF, GBP/CHF, and USD/CHF Back from the Abyss (Video) EUR/CHF Bearish Breakout: - The EUR/CHF is seen in the 1H chart breaking below a projected channel support. This suggests the risk aversion stemming from the eurozone debt crisis was not cleared by the EU summit last week. (The EUR/USD is rallying on the sole factor of USD-weakness) - Note the market in the 1H chart was not able to push the RSI reading above 60 this time, and is now falling below 40, heading to 30. Bearish … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Futures Slide Ahead Of Contract Expiry Posted: 27 Jul 2011 07:24 AM PDT Forexpros – Natural gas futures were down on Wednesday, pulling back from a two-day high amid a moderating weather outlook in the U.S., while investors sold off August contracts to lock in gains before they were set to expire at the end of the day. <br /><br />On the New York Mercantile Exchange, natural gas futures for August delivery traded at USD4.362 per million British thermal units during U.S. morning trade, slumping 0.4%.<br /><br />The August natural gas … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Almost Unchanged After Weak U.S. Durables Data Posted: 27 Jul 2011 07:19 AM PDT Forexpros – The pound was largely unchanged against the U.S. dollar on Wednesday, holding close to the daily low, after official data showed that U.S. durable goods orders fell unexpectedly in June.<br /><br />GBP/USD hit 1.6356 during early U.S. trade, the daily low; the pair subsequently consolidated at 1.6375, slipping 0.16%.<br /><br />Cable was likely to find support at 1.6264, Tuesday&rsquo;s low and resistance at 1.6495, the high of June 1.<br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Prices Drop Prior To EIA Report Posted: 27 Jul 2011 02:15 AM PDT 07/27/11 US debt talk issues have continued to put pressure on crude prices this morning just before the release of the EIA’s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Morning Market Brief Posted: 27 Jul 2011 01:15 AM PDT 07/27/11 The latest in news, commentary, and information on what’s moving the US equities markets just prior to the ringing of the NYSE opening … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Petroceltic International And Hess Join Forces In Kurdistan Posted: 27 Jul 2011 02:20 AM PDT Petroceltic (LON:PCI) , the AIM and ESM listed oil and gas group that works in North Africa, the Middle East and the Mediterranean, has agreed a tie-up with the Middle East new ventures arm of Hess (NYSE:HES) and executed two Production Sharing Contracts (PSCs) with the Kurdistan Regional Government of Iraq (KRG). The PSCs cover the Dinarta and Shakrok exploration blocks in the central north of Kurdistan. Brian O’Cathain, the chief executive of Petroceltic, said: "The signature of the Dinarta … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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