DailyMarkets.com - Forex – NZD/USD Down In Asian Trade
DailyMarkets.com - Forex – NZD/USD Down In Asian Trade |
- Forex – NZD/USD Down In Asian Trade
- Hot Option Plays: Running Of The Bulls
- Google Announces Changes To Its Services
- Ecolab’s $8 Billion Acquisition
- FDA Panel Endorses Edwards’ Sapien
- Express Scripts To Buy Medco
- Express Scripts Revenue Rises, Acquiring MHS
- The Day Ahead: Earnings – Caterpillar, GE, Honeywell, McDonald’s Schlumberger, Verizon; German IFO, Euro-Zone Industrial Orders
- Mr. Softee Gets Tough On Growth
- SunPower To Power Water Plant
- ONEOK Boosts Dividend Again
- 2Q Guidance From Genworth Financial
- Stock Watch List For Friday, July 22
- CAT Losses Hurt Travelers
- Tamiflu Continues To Hurt Roche
- Reform At Washington Post
- Prologis Leases In China
- Setback For Bristol-Myers/AstraZeneca
- Victory In Louisiana! The Institute For Justice And The Saint Joseph Monks Bury State Casket Cartel
- ‘To Become Gradually Less Until Little Remains’
- Net Income Falls At Xilinx, But Beats Ests.
- Ryder Raises Dividend
- Closing Bell Market Monitor: T, MHS, MSFT
- Markets In Everything: Hard Money Mortgages
- Forex – EUR/USD Up At The End Of U.S. Session
- Forex – USD/JPY Down Toward The End Of U.S. Session
- Janus Capital Reports In Line
- LabCorp Outshines Estimates
- Forex – EUR/USD Up Toward The End Of U.S. Session
- U.S. Markets Close Higher; Dow Jones Up 1.21%
- Dermatologist Shortage Offers Huge Opportunity For Verisante
- Philip Morris Surpasses Estimates
- Narrower 2Q Outlook For Chubb
- WellPoint Performing Well
- Forex – GBP/USD Up During The U.S. Session
- South African Reserve Bank Holds Rate At 5.50%
- ABB Outperforms Estimate
- CA Beats Estimates
- Freeport’s Profit More Than Doubles
- Dr. Reddy’s Rides On Generic Sales
- E*TRADE Reports In Line
- Hot Option Plays: Rally Broad-Based
- Forex – USD/CAD Down In U.S. Trade
- AngioDynamics Stays At Neutral
- V.F. Corp Beats, Raises Outlook
- Baxter Beats Easily, Ups View
- Huntington Beats, Ups Dividend
- Nucor Posts Solid 2Q
- Forex – EUR/USD Up In U.S. Trading Hours
- CB Richards’ Exclusive Deal With USPS
- Whirlpool Reports Profits In Line
- Sherwin-Williams Misses Estimates
- Pepco Ready To Serve Texas
- NY Times Beats But Profit Dips
- Demand For PepsiCo Options Bubbles Over As Shares Fizzle
- Forex – AUD/USD Up In U.S. Trade
- Seagate???s Profit Dips, Revs Up
- Production Glitch Thwarts Noble 2Q
- Danaher Underperforms Estimate
- EnCana Shines, Reaffirms Outlook
- Solid Second Quarter For PPG
- Apple Announces Updates To Its MacBook Air & Mac Mini
- European Markets Close Higher; Dax Up 0.95%
- Thanks To Regulatory Burdens, We’ve Got Both A Creditless Recovery And A Jobless Recovery
- Forex – USD/JPY Down During The U.S. Session
- Core Labs Posts Strong 2Q
- Union Pacific Reported Excellent 2Q
- Sallie Mae Outpaces Zacks Estimate
- Seagate’s Profit Dips, Revs Up
- “US Debt Deal…underlying Risk From Moody’s And S&P”
- Fifth Third Tops, Revs Up
- Eurozone Debt Optimism Leads To Rise In Risk Appetite
- QE3: Just Like All The Other Sequels Out There
- Recommendation ‘Change Of Heart’ Screen – Are Broker Upgrades Worth Listening Out For?
- 2011 Halftime Report: Oil Outlook Remains Strong
Forex – NZD/USD Down In Asian Trade Posted: 21 Jul 2011 04:50 PM PDT Forexpros – The New Zealand Dollar was lower against the U.S. Dollar on Thursday.<br/><br/> NZD/USD was trading at 0.8627, down 0.05% at time of writing.<br/><br/> The pair was likely to find support at 0.8414, Monday’s low, and resistance at 0.8643, today’s high.<br/><br/> Meanwhile, the New Zealand Dollar was down against the Australian Dollar and up against the Euro, with AUD/NZD gaining 0.02% to hit 1.2564 and EUR/NZD falling 0.09% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Hot Option Plays: Running Of The Bulls Posted: 21 Jul 2011 04:17 PM PDT Cusick’s Corner |
Google Announces Changes To Its Services Posted: 21 Jul 2011 03:57 PM PDT 07/21/11 Google will discontinue its toolbar for Firefox, and closing down its Google Labs. The internet search giant’s Google Directory is no longer in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Ecolab’s $8 Billion Acquisition Posted: 21 Jul 2011 03:55 PM PDT In a major move, leading cleaning and sanitation products company Ecolab Inc (NYSE:ECL) has agreed to acquire Illinois-based water treatment company Nalco Holding Company (NYSE:NLC) in a cash and stock deal worth roughly $8 billion. The deal, which is expected to close in the fourth quarter, has been approved by the Boards of both companies. |
FDA Panel Endorses Edwards’ Sapien Posted: 21 Jul 2011 03:35 PM PDT Edwards Lifesciences Corporation (NYSE:EW) received a favorable recommendation from the advisory panel of the US Food and Drug Administration (FDA) for its Sapien transcatheter heart valve (THV). |
Posted: 21 Jul 2011 03:35 PM PDT Following the release of its second quarter of fiscal 2011 earnings, Medco Health Solutions (NYSE:MHS) announced that it will be acquired by Express Scripts (NASDAQ:ESRX) for $29.1 billion in cash and stock. |
Express Scripts Revenue Rises, Acquiring MHS Posted: 21 Jul 2011 03:35 PM PDT Express Scripts Inc.'s (NASDAQ:ESRX) second quarter 2011 earnings of 71 cents per share (excluding special items) were in line with the Zacks Consensus Estimate but were well above the year-ago adjusted earnings of 60 cents per share. The jump in earnings is attributable to reduced selling, general and administrative expenses and a lower share count as compared with the year-ago quarter. |
Posted: 21 Jul 2011 10:20 AM PDT 07/21/11 The stories, data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Mr. Softee Gets Tough On Growth Posted: 21 Jul 2011 03:01 PM PDT Tech behemoth Microsoft (NASDAQ:MSFT) genuinely surprised investors when it reported fiscal fourth quarter earnings after the bell today. Coming in well above expectations with revenue of $17.37 billion and diluted EPS of $0.69, the company noted in its press release that these were 8% and 35% above the prior year quarter. |
Posted: 21 Jul 2011 03:01 PM PDT SunPower Corporation (SPWRA) is now entrusted with 90% of the supply of electricity consumed by San Juan Water District's water treatment plant, booster pump station and administration buildings. |
Posted: 21 Jul 2011 03:01 PM PDT ONEOK, Inc. (NYSE:OKE) has increased its quarterly dividend by 8%, bringing the annualized dividend to $2.24 per share from the previous payout of $2.08 per share. |
2Q Guidance From Genworth Financial Posted: 21 Jul 2011 03:01 PM PDT Genworth Financial Inc. (NYSE:GNW) expects to deliver an operating loss in the range of $70 million to $90 million or 14 cents to 18 cents per share in the second quarter of 2011. |
Stock Watch List For Friday, July 22 Posted: 21 Jul 2011 02:47 PM PDT ( click to enlarge ) Pharmacyclics, Inc. (NASDAQ:PCYC) has been hitting higher highs and higher lows amongst strong RSI price points. In fact, the RSI is showing multiple points of overbought periods. The stock has been on a strong bull market rally as %K line has been on top of %D line with stock trading above 50 day and 200 day moving average and MACD above 0. For the long term the stock should still continue to go up, however with this kind of overbough conditions I prefer stay away for a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 21 Jul 2011 02:35 PM PDT The Travelers Companies (NYSE:TRV) reported an operating loss of 91 cents per share in the second quarter, wider than the Zacks Consensus Estimate of 62 cents. Results were far behind earnings of $1.39 in the prior year quarter. The operating loss was $377 million, comparing unfavorably with earnings of $690 million in the second quarter of 2010. |
Tamiflu Continues To Hurt Roche Posted: 21 Jul 2011 02:35 PM PDT Roche Holdings Ltd.'s (RHHBY) earnings came in at $1.85 per share for the first half of fiscal 2011, compared with $1.61 reported in the year-ago period. |
Posted: 21 Jul 2011 02:35 PM PDT Kaplan, a pioneer in education services and division of The Washington Post Company (NYSE:WPO), recently announced measures to tame the sluggishness prevailing over its higher education segment. |
Posted: 21 Jul 2011 02:35 PM PDT Prologis, Inc. (PLD) recently announced that it has leased approximately 382,000 square feet of its Chengdu Airport Logistics Center to a global third-party logistics provider. |
Setback For Bristol-Myers/AstraZeneca Posted: 21 Jul 2011 02:35 PM PDT Recently, Bristol-Myers Squibb (NYSE:BMY) and partner AstraZeneca (NYSE:AZN) suffered a setback when the Endocrinologic and Metabolic Drugs Advisory Committee of the US Food and Drug Administration (FDA) voted 9-6 against the approval of their diabetes candidate dapagliflozin. |
Victory In Louisiana! The Institute For Justice And The Saint Joseph Monks Bury State Casket Cartel Posted: 21 Jul 2011 02:21 PM PDT |
‘To Become Gradually Less Until Little Remains’ Posted: 21 Jul 2011 02:06 PM PDT dwin·dle (dwndl) v.tr. [Frequentative of Middle English dwinen, to waste away, from Old English dwnan, to shrink; see dheu-2 in Indo-European roots.] (Courtesy of The Free Dictionary.) |
Net Income Falls At Xilinx, But Beats Ests. Posted: 21 Jul 2011 02:01 PM PDT Programmable Logic Devices (PLD) maker Xilinx, Inc. (NASDAQ:XLNX) posted net income of $154.4 million or $0.56 per diluted share in the first quarter of fiscal 2011, down 4% sequentially and 3% year over year. |
Posted: 21 Jul 2011 02:01 PM PDT Ryder System, Inc. (NYSE:R) has raised its dividend to 29 cents per share from 27 cents. The increased dividend will be payable on September 16 to shareholders of the record on August 22. |
Closing Bell Market Monitor: T, MHS, MSFT Posted: 21 Jul 2011 02:00 PM PDT 07/21/11 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 |
Markets In Everything: Hard Money Mortgages Posted: 21 Jul 2011 01:58 PM PDT From today’s WSJ “Home Loans Via Mom & Pop Inc.”: “Across the nation, a number of mom-and-pop investors are pulling money out of their retirement accounts and safe, but low-yielding, savings to take on the risk of becoming “hard-money” mortgage lenders, who charge high interest rates to borrowers who have been rejected by traditional banks. Hard-money mortgage lending represents just a tiny slice of the mortgage market, although the activity is growing rapidly. Guy D. Cecala, publisher of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – EUR/USD Up At The End Of U.S. Session Posted: 21 Jul 2011 01:55 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> EUR/USD was trading at 1.4432, up 1.53% at time of writing.<br/><br/> The pair was likely to find support at 1.4015, Monday’s low, and resistance at 1.4433, today’s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims rose more-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – USD/JPY Down Toward The End Of U.S. Session Posted: 21 Jul 2011 01:40 PM PDT Forexpros – The U.S. Dollar was lower against the Japanese Yen on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> USD/JPY was trading at 78.38, down 0.50% at time of writing.<br/><br/> The pair was likely to find support at 78.33, today’s low, and resistance at 79.32, Wednesday’s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims rose more-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 21 Jul 2011 01:31 PM PDT Janus Capital Group Inc.'s (NYSE:JNS) second-quarter 2011 earnings per share attributable to common shareholders came to 23 cents, in line with the Zacks Consensus Estimate. |
Posted: 21 Jul 2011 01:31 PM PDT Leading lab-testing company Laboratory Corporation of America Holdings (NYSE:LH) reported adjusted EPS of $1.64 (excluding amortization, restructuring and other special charges) for the second quarter of fiscal 2011. |
Forex – EUR/USD Up Toward The End Of U.S. Session Posted: 21 Jul 2011 01:25 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> EUR/USD was trading at 1.4400, up 1.30% at time of writing.<br/><br/> The pair was likely to find support at 1.4015, Monday’s low, and resistance at 1.4417, today’s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims rose more-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
U.S. Markets Close Higher; Dow Jones Up 1.21% Posted: 21 Jul 2011 01:15 PM PDT Forexpros – U.S. stocks were up after the closing bell on Thursday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average rose 1.21%, the S&P 500 index gained 1.35%, while the Nasdaq 100 index climbed 0.69%.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims rose more-than-expected to a seasonally adjusted 418K last week from 408K in the preceding week whose figure was revised up from 405K.<br/><br/> … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Dermatologist Shortage Offers Huge Opportunity For Verisante Posted: 21 Jul 2011 01:08 PM PDT Brian Marckx, CFA There was an interesting article in the April 27, 2011 edition of Men’s Health … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Philip Morris Surpasses Estimates Posted: 21 Jul 2011 01:08 PM PDT Cigarette manufacturer and marketer Philip Morris International Inc. (NYSE:PM) reported second quarter 2011 earnings per share, excluding special items, of $1.34, surpassing the Zacks Consensus Estimate of $1.21. |
Posted: 21 Jul 2011 01:08 PM PDT Property and Casualty insurer Chubb Corp. (NYSE:CB) is slated to release second quarter earnings on July 21, after the market closes. The current Zacks Consensus Estimate is $1.02 per share for the quarter, projecting a year-over-year decline of 27.8%. |
Posted: 21 Jul 2011 01:08 PM PDT We are upgrading our recommendation on WellPoint Inc. (NYSE:WLP) to 'Outperform' from 'Neutral' based on its ability to generate higher premiums and control cost, which enhances operational efficiencies and supports the desired upside in the stock. |
Forex – GBP/USD Up During The U.S. Session Posted: 21 Jul 2011 12:45 PM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> GBP/USD was trading at 1.6298, up 0.90% at time of writing.<br/><br/> The pair was likely to find support at 1.6006, Monday’s low, and resistance at 1.6324, today’s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims rose more-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
South African Reserve Bank Holds Rate At 5.50% Posted: 21 Jul 2011 12:38 PM PDT The South African Reserve Bank [SARB] held its monetary policy interest rate, the repo rate, unchanged at 5.50%. The Bank said: “The MPC is not complacent and will remain vigilant and continue to monitor closely any indications of second-round effects on inflation emanating from these cost pressures as well as the changing risk profile of the inflation outlook.” On inflation the SARB said: ”The view of the MPC continues to be that the underlying inflation pressures are … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 21 Jul 2011 12:35 PM PDT ABB Ltd. (NYSE:ABB) reported second-quarter 2011 earnings per share of 39 cents, above the Zacks Consensus Estimate of 37 cents and prior-year earnings of 27 cents. Strong industrial growth, high profits from Power System division and good returns from recent acquisitions contributed to impressive net income gains, up 43% year over year. |
Posted: 21 Jul 2011 12:35 PM PDT CA Inc. (CA) reported first quarter 2012 adjusted earnings per share (EPS) of 52 cents, surpassing the Zacks Consensus Estimate of 50 cents. |
Freeport’s Profit More Than Doubles Posted: 21 Jul 2011 12:35 PM PDT Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) reported a profit of $1.37 billion or $1.43 per share in the second quarter of 2011, which more than doubled from $649 million or 70 cents per share in the same quarter of 2011. The profit exceeded the Zacks Consensus Estimate by 9 cents per share. |
Dr. Reddy’s Rides On Generic Sales Posted: 21 Jul 2011 12:35 PM PDT Dr. Reddy's Laboratories (NYSE:RDY) reported first quarter fiscal 2012 earnings per American Depositary Share (ADS) of 33 cents compared with 28 cents per ADS posted in the year-ago quarter. Substantive surge in the revenues helped lift the company's earnings. |
Posted: 21 Jul 2011 12:35 PM PDT E*TRADE Financial Corporation’s (NASDAQ:ETFC) second-quarter 2011 net income of 16 cents per share was in line with the Zacks Consensus Estimate as well as the prior quarter. However, the company's net income compared favorably with 12 cents per share in the prior-year quarter attributed to higher net operating interest income and a decrease in provision for loan losses, partially offset by an increase in operating expenses and lower non-interest income. |
Hot Option Plays: Rally Broad-Based Posted: 21 Jul 2011 12:17 PM PDT Cusick’s Corner |
Forex – USD/CAD Down In U.S. Trade Posted: 21 Jul 2011 12:10 PM PDT Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> USD/CAD was trading at 0.9455, down 0.20% at time of writing.<br/><br/> The pair was likely to find support at 0.9424, today’s low, and resistance at 0.9635, Monday’s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims rose more-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
AngioDynamics Stays At Neutral Posted: 21 Jul 2011 12:00 PM PDT We maintain our Neutral recommendation for therapeutic and diagnostic devices maker AngioDynamics (NASDAQ:ANGO) following our assessment of its fourth quarter fiscal 2011 results. Adjusted (excluding one-time charges) earnings of 11 cents for the quarter beat the Zacks Consensus Estimate by a penny while revenues (down 6.5% year over year to $56.4 million) missed the forecast. |
V.F. Corp Beats, Raises Outlook Posted: 21 Jul 2011 12:00 PM PDT V.F. Corporation (NYSE:VFC) reported second-quarter 2011 adjusted earnings of $1.09 per share, striding ahead of the Zacks Consensus Estimate by 7 cents. |
Posted: 21 Jul 2011 12:00 PM PDT Baxter International Inc. (NYSE:BAX) reported second-quarter 2011 adjusted (excluding one-time items) earnings per share of $1.07, beating the Zacks Consensus Estimate of $1.02, and surpassing the year-ago results of 93 cents. The results exceeded Baxter's earlier guidance of $1.01 to $1.03. |
Huntington Beats, Ups Dividend Posted: 21 Jul 2011 12:00 PM PDT Huntington Bancshares Inc. (NASDAQ:HBAN) reported second quarter 2011 earnings of 16 per share, beating the Zacks Consensus Estimate by a penny. Results also compare favorably with 14 cents earned in the prior quarter and 3 cents in the year-ago quarter. |
Posted: 21 Jul 2011 12:00 PM PDT Nucor Corporation (NYSE:NUE) reported an increase in profit of around 229% to $299.8 million or 94 cents per share (excluding special items) in the second quarter of 2011. |
Forex – EUR/USD Up In U.S. Trading Hours Posted: 21 Jul 2011 11:45 AM PDT Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> EUR/USD was trading at 1.4378, up 1.15% at time of writing.<br/><br/> The pair was likely to find support at 1.4015, Monday’s low, and resistance at 1.4402, today’s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims rose more-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
CB Richards’ Exclusive Deal With USPS Posted: 21 Jul 2011 11:35 AM PDT CB Richard Ellis Group Inc. (NYSE:CBG), the world's largest commercial real estate services company (on the basis of 2010 revenues), has recently consolidated its strategic alliance with the United States Postal Service (USPS), an independent agency of the U.S. government for providing postal service across the country, by forging an exclusive deal to serve as its sole provider of corporate real estate solutions. |
Whirlpool Reports Profits In Line Posted: 21 Jul 2011 11:35 AM PDT Whirlpool Corporation (NYSE:WHR) reported a net loss of $161 million or $2.10 per share in the second quarter of 2011, compared with net earnings of $205 million or $2.64 per share in the prior-year quarter. |
Sherwin-Williams Misses Estimates Posted: 21 Jul 2011 11:35 AM PDT Sherwin-Williams Co. (NYSE:SHW) reported net earnings of $1.58 per share in the second quarter of 2011 missing the Zacks Consensus Estimate of $1.77 per share. However, excluding charges of 8 cents per share relating to costs to repurchase $84.9 million of long-term debt, diluted net income was $1.66 per share versus $1.64 per share in the prior year quarter. The second quarter earnings were at the low end of the company's guidance range due to high raw material costs versus the timing of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 21 Jul 2011 11:35 AM PDT Pepco Energy Services Inc., a unit of Pepco Holdings Inc. (NYSE:POM), has stepped into the Texas energy services market and established its regional headquarters in the Dallas-Fort Worth area. |
NY Times Beats But Profit Dips Posted: 21 Jul 2011 11:35 AM PDT The New York Times Company (NYSE:NYT) recently posted better-than-expected second-quarter 2011 results. The quarterly earnings of 14 cents a share beat the Zacks Consensus Estimate of 10 cents, but dropped 22.2% from 18 cents earned in the prior-year quarter. |
Demand For PepsiCo Options Bubbles Over As Shares Fizzle Posted: 21 Jul 2011 11:30 AM PDT Demand for PepsiCo options bubbles over as shares fizzle |
Forex – AUD/USD Up In U.S. Trade Posted: 21 Jul 2011 11:15 AM PDT Forexpros – The Australian Dollar was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> AUD/USD was trading at 1.0843, up 0.85% at time of writing.<br/><br/> The pair was likely to find support at 1.0561, Monday’s low, and resistance at 1.0856, today’s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims rose more-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Seagate???s Profit Dips, Revs Up Posted: 21 Jul 2011 11:05 AM PDT Seagate Technology plc (STX) reported fourth quarter 2011 earnings per share of 28 cents, surpassing the Zacks Consensus Estimate of 25 cents. |
Production Glitch Thwarts Noble 2Q Posted: 21 Jul 2011 11:05 AM PDT Contract drilling company, Noble Corporation (NYSE:NE) has reported second quarter 2011 earnings of 11 cents per share (excluding one-time items), failing to meet the Zacks Consensus Estimate of 27 cents and falling steeply from the adjusted year-earlier profit of 93 cents. Disruption of services at five rigs during the quarter was the chief reason for this underperformance. |
Danaher Underperforms Estimate Posted: 21 Jul 2011 11:05 AM PDT Danaher Corporation (NYSE:DHR) released its second-quarter 2011 results before the opening bell today reporting earnings from continuing operations of 65 cents, below the Zacks Consensus Estimate of 67 cents. Earnings for the quarter were up 23% compared with the prior-year quarter. |
EnCana Shines, Reaffirms Outlook Posted: 21 Jul 2011 11:05 AM PDT Canada's largest natural gas producer EnCana Corp. (NYSE:ECA) has reported impressive second quarter results, reflecting strong natural gas and liquids output based on efficient operational activities and competent workforce. |
Posted: 21 Jul 2011 11:05 AM PDT PPG Industries Inc. (PPG) posted net income of $340 million or $2.12 per share for the second quarter of 2011, compared with $272 million or $1.63 per share in the year-ago quarter. The results were on par with the Zacks Consensus Estimate. |
Apple Announces Updates To Its MacBook Air & Mac Mini Posted: 21 Jul 2011 11:00 AM PDT 07/21/11 Apple Incorporated announced Monday that it will update both the MacBook Air and Mac mini computers with next-generation processors and operating … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
European Markets Close Higher; Dax Up 0.95% Posted: 21 Jul 2011 10:50 AM PDT Forexpros – European stocks were up after the closing bell on Thursday.<br/><br/> At the close of European trade, Germany’s DAX rose 0.95%, London’s FTSE 100 gained 0.79%, France’s CAC 40 climbed 1.66% and the EURO STOXX 50 was up 2.13%.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims rose more-than-expected to a seasonally adjusted 418K last week from 408K in the preceding week whose figure was revised … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Thanks To Regulatory Burdens, We’ve Got Both A Creditless Recovery And A Jobless Recovery Posted: 21 Jul 2011 10:46 AM PDT We had “jobless recoveries” after the 1990-1991 and 2001 recessions, but they were mild compared to the current “jobless recovery” of 2009-2011. At the current rate of private job creation over the last year, about 141,000 jobs per month, it will still take roughly four more years just to replace the jobs lost during the recession. When you also consider the addition of millions of new entrants every year into the labor market, it will likely be even longer before the U.S. labor market ever … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – USD/JPY Down During The U.S. Session Posted: 21 Jul 2011 10:45 AM PDT Forexpros – The U.S. Dollar was lower against the Japanese Yen on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> USD/JPY was trading at 78.57, down 0.27% at time of writing.<br/><br/> The pair was likely to find support at 78.34, today’s low, and resistance at 79.32, Wednesday’s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims rose more-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 21 Jul 2011 10:35 AM PDT Core Laboratories N.V. (NYSE:CLB) has reported impressive second quarter 2011 results, driven by commendable performances across all the three business units. |
Union Pacific Reported Excellent 2Q Posted: 21 Jul 2011 10:35 AM PDT U.S. railroad giant Union Pacific Corp. (NYSE:UNP) reported second quarter net income at a record-high of $785 million or $1.59 per share, compared with $711 million or $1.40 in the year-ago quarter. |
Sallie Mae Outpaces Zacks Estimate Posted: 21 Jul 2011 10:35 AM PDT SLM Corp. (NYSE:SLM) better known as Sallie Mae, has reported second quarter 2011 core earnings of $260 million or 48 cents per share, ahead of the Zacks Consensus Estimate of 42 cents. The results compare favorably with prior-year quarter's core earnings of $211 million or 39 cents per share. |
Seagate’s Profit Dips, Revs Up Posted: 21 Jul 2011 10:35 AM PDT Seagate Technology plc (STX) reported fourth quarter 2011 earnings per share of 28 cents, surpassing the Zacks Consensus Estimate of 25 cents. |
“US Debt Deal…underlying Risk From Moody’s And S&P” Posted: 21 Jul 2011 05:33 AM PDT 07/21/11 LandColt Trading’s Todd M. Schoenberger weighs in on debt issues on both sides of the Atlantic and the latest earnings … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 21 Jul 2011 10:05 AM PDT Fifth Third Bancorp's (NASDAQ:FITB) second quarter 2011 net income of $328 million or 35 cents per share outpaced the Zacks Consensus Estimate of 27 cents. |
Eurozone Debt Optimism Leads To Rise In Risk Appetite Posted: 21 Jul 2011 05:00 AM PDT 07/21/11 The euro continued its raly htis afternoon following eurozone debt optimism and strong US business activity … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
QE3: Just Like All The Other Sequels Out There Posted: 21 Jul 2011 09:00 AM PDT QE3: Just Like All the Other Sequels Out There |
Recommendation ‘Change Of Heart’ Screen – Are Broker Upgrades Worth Listening Out For? Posted: 21 Jul 2011 05:09 AM PDT In Brief |
2011 Halftime Report: Oil Outlook Remains Strong Posted: 20 Jul 2011 10:00 PM PDT This year has been eventful for the oil patch. Natural disasters, revolutions, terrorist attacks and political maneuvering kept oil bouncing around $100 per barrel and 3.8 percent higher on the year at the end of June. Despite the volatility and large number of external forces affecting oil prices, the International Energy Agency (IEA) said in its most recent Oil Market Report that "the bull run evident since autumn 2010 therefore looks in large part to be justified by supply and demand … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
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