Wednesday, July 13, 2011

DailyMarkets.com - Gold Cycle Update

DailyMarkets.com - Gold Cycle Update

Gold Cycle Update

Posted: 13 Jul 2011 05:35 PM PDT

Gold climbs on US dollar sell offs and sovereign debt issues. Folks on the web say gold will not sell off in the same way silver did stating that gold is now a currency and not a commodity. FLASH news, gold is a commodity and one day very soon those that own it in huge quantities will sell a portion of it just to shake the retail investors out of their positions, so they can buy more.

And you can bet, when it does sell off the folks on the web will refer to gold as a ‘commodity’ and ‘sell … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down During Asian Trade

Posted: 13 Jul 2011 04:55 PM PDT

Forexpros – The U.S. Dollar was lower against the Japanese Yen on Wednesday.<br/><br/> USD/JPY was trading at 78.86, down 0.17% at time of writing.<br/><br/> The pair was likely to find support at 78.49, Tuesday&rsquo;s low, and resistance at 81.48, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.76% to hit 1.4269 and GBP/USD rising 0.49% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Continues To Follow The Channel

Posted: 13 Jul 2011 04:30 PM PDT

The EURUSD has continued to trend higher reaching the topside of the trendline on the Moody's threat of a US debt downgrade.  The new level for the channel comes in at 1.4254 currently (and moving higher as each hour ticks away).  The downside has support against the 1.4213 and then the 1.4197 (these are the minimum levels to get through to change the possible bias).  Those levels(see chart below) are where the up sloping trendline on the 5  minute and the 38.2% of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Up On Economic Data

Posted: 13 Jul 2011 04:10 PM PDT

Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Wednesday after the release of N.Z. data on GDP.<br/><br/> NZD/USD was trading at 0.8484, up 1.32% at time of writing.<br/><br/> The pair was likely to find support at 0.8112, Tuesday&rsquo;s low, and resistance at 0.8500, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that New Zealand&rsquo;s gross domestic product rose more-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

New Zealand’s GDP Rises More-than-expected

Posted: 13 Jul 2011 04:00 PM PDT

Forexpros – New Zealand&rsquo;s gross domestic product rose more-than-expected in the last quarter, official data showed on Wednesday.<br/><br/>In a report, Statistics New Zealand said that New Zealand&rsquo;s GDP rose to a seasonally adjusted 0.8%, from 0.2% in the preceding quarter.<br/><br/>Analysts had expected New Zealand&rsquo;s GDP to rise 0.3% in the last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

US Savings Bonds To Go Digital

Posted: 13 Jul 2011 03:57 PM PDT

07/13/11 The Treasury Department’s Bureau of Public Debt announced that paper savings bonds will no longer sold at financial institutions as of January 1, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Cartoon Of The Day

Posted: 13 Jul 2011 03:48 PM PDT

Wednesdays With Wyckoff: Stock Movement In The Broad Market

Posted: 13 Jul 2011 03:43 PM PDT

This week's lesson from Richard Wyckoff serves as a reminder of the importance of doing analysis (charting) on the broader stock market indexes instead of relying exclusively on the price chart of an individual stock you are considering trading.
Why?  And how does that affect us today?
Let's hear what Wyckoff has to say on the issue (from Studies in Tape Reading):
"If the stock which is charted were the only one in the market, its gyrations would be less erratic and its chart [would ... [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Up In Asian Trade

Posted: 13 Jul 2011 03:35 PM PDT

Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Wednesday.<br/><br/> NZD/USD was trading at 0.8400, up 0.32% at time of writing.<br/><br/> The pair was likely to find support at 0.8112, Tuesday&rsquo;s low, and resistance at 0.8421, today&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was up against the Australian Dollar and down against the Euro, with AUD/NZD shedding 0.42% to hit 1.2794 and EUR/NZD rising 0.01% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Day Ahead: Earnings – JP Morgan Chase, Google; Data – US Retail Sales, PPI, Initial Jobless Claims, Business Inventories, Euro-zone CPI

Posted: 13 Jul 2011 10:20 AM PDT

D07/13/11 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

Hot Option Plays: Summer Swing

Posted: 13 Jul 2011 03:17 PM PDT

Cusick’s Corner
The reversal in the market pulled off all gains we saw in the Midday — told you it’s an interesting week. This also highlights that tightening risk is very important going into the end of this week. I am not surprised that there was a flight for safety or aversion to adding risk at this stage in the expiration week. The claims data and retail sales are going to be watched pre-market, anything north of 370-400K on the claims or data showing that consumers are not consuming will … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Veolia To Treat CONSOL’s Mine Water

Posted: 13 Jul 2011 02:35 PM PDT

CONSOL Energy Inc. (NYSE:CNX) has awarded Veolia Water, a division of Veolia Environnement (NYSE:VE), a contract to construct and operate a new state-of-the-art mine water treatment system to be located near Mannington, West Virginia.
As part of the deal, Veolia Water will be treating mine water from CONSOL's Blacksville #2, Loveridge, and Robinson Run mining operations. The deal entails a 10-year operating partnership between CONSOL and Veolia Water, along with an option to operate the facility … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Canadian Solar Showcases ELPS

Posted: 13 Jul 2011 02:35 PM PDT

Canadian Solar Inc. (NASDAQ:CSIQ) showcased and announced the availability of its proprietary new ELPS (Efficient, Long-Term, Photovoltaic Solution) solar cell technology at the Innovation Exchange at Intersolar North America.  
Intersolar North America is taking place at the Moscone Center in San Francisco, California.
The breakthrough ELPS technology, introduced in June 2011, enables solar cells to collect more light, achieving up to 19.5% cell efficiency for monocrystalline and up to 18% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Phase III Data On Sanofi’s Lemtrada

Posted: 13 Jul 2011 02:35 PM PDT

Sanofi-Aventis (NYSE:SNY) recently reported mixed data on its phase III multiple sclerosis candidate, Lemtrada (alemtuzumab). Results were presented from the phase III CARE-MS I study, which was conducted in patients with relapsing-remitting multiple sclerosis (RRMS).
Alemtuzumab met the first primary endpoint of the randomized phase III study. Results showed that treatment with two annual cycles of alemtuzumab resulted in a 55% reduction in relapse rate compared to Rebif over the two years of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Watch List For Thursday, July 14

Posted: 13 Jul 2011 02:35 PM PDT

( click to enlarge )

The PMI Group, Inc. (NYSE:PMI) may have finally bottomed out. Things to focus on technical chart above is the spike in volume on Wednesday of last week, July 6th. Plus, The downtrend line going back to the January high has been broken. It probably marked the end of the slide and beginning of bottoming. By a technical perspective, the outlook is now bullish and the stock could move to $1.72-1.85 levels in the near term. Stop-loss for existing holdings may be placed at $1.22. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

First Fiscal Quarter Results

Posted: 13 Jul 2011 02:05 PM PDT

Ian Gilson, CFA
First fiscal quarter results:

On July 12, 2011 Augme Technology (AUGT) reported its 2012 first fiscal quarter results. Billings and revenue were in line with guidance and our estimates. Gross margins were better than expected and are moving to normal software gross margins of over 80%. However, we were significantly low on our estimate of G&A expenses as the company has ramped G&A expenses to support the company’s anticipated growth and continues to add legal expenses … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Eni To Expedite Egypt Activity

Posted: 13 Jul 2011 02:05 PM PDT

Italian energy giant, Eni SpA (NYSE:E) has reaffirmed its commitment to Egypt at a meeting with the country's prime minister HE Essam Sharaf in Cairo this week. The company intends to invest $3.0 billion in Egypt over this year and next that would in turn speed up operational activities in the region to capitalize on rising oil prices.
Eni stated that it would accelerate its activities in Western Desert, Mediterranean and Sinai regions. Stepping up of production from new discoveries, exploration … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Arrow Expands Agreement With Carclo

Posted: 13 Jul 2011 02:05 PM PDT

Arrow Electronics, Inc. (NYSE:ARW) announced that it is expanding its global distribution agreement with Carclo Technical Plastics to distribute its optical products in North America and Asia. Arrow already has an agreement with Carclo to distribute its products in the EMEA region.
Carclo manufactures discrete optics and modular optical systems with facilities in Europe, the Americas and Asia. The modular solutions are used for street and wide-area lighting. Carclo products include electro-optic … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Forest Labs

Posted: 13 Jul 2011 02:05 PM PDT

Forest Labs (NYSE:FRX) is all set to announce its first quarter fiscal 2012 results on July 19. The Zacks Consensus Estimate for the first quarter is 96 cents, a penny above the year-ago earnings of 95 cents.
Fourth Quarter Fiscal 2011 Highlights
Forest Labs reported strong earnings in the fourth quarter of $1.12, easily beating the Zacks Consensus Estimate of $1.08 and the year-earlier earnings of 83 cents. Strong Namenda sales, lower R&D expenses and lower share count boosted earnings.
Total … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Closing Bell Market Monitor: NFLX, KCI, NWS

Posted: 13 Jul 2011 02:00 PM PDT

07/13/11 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

Forex – EUR/USD Up At The End Of U.S. Session

Posted: 13 Jul 2011 01:55 PM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Wednesday after the release of U.S. data on Federal Budget Balance.<br/><br/> EUR/USD was trading at 1.4158, up 1.30% at time of writing.<br/><br/> The pair was likely to find support at 1.3838, Tuesday&rsquo;s low, and resistance at 1.4368, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. federal budget balance rose unexpectedly 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: 13 Jul 2011 01:40 PM PDT

Forexpros – The U.S. Dollar was lower against the Japanese Yen on Wednesday after the release of U.S. data on Federal Budget Balance.<br/><br/> USD/JPY was trading at 79.00, down 0.28% at time of writing.<br/><br/> The pair was likely to find support at 78.49, Tuesday&rsquo;s low, and resistance at 81.48, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. federal budget balance rose unexpectedly to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Seagate.

Posted: 13 Jul 2011 01:37 PM PDT

Seagate Technology Plc (NASDAQ:STX) is scheduled to announce its fourth quarter 2011 results on July 20, 2011 and the modest revision in estimates reflects some key changes in the company's future business prospects.
Third Quarter Overview
The company reported dismal third quarter 2011 results. Earnings per share (EPS) of 25 cents missed the Zacks Consensus Estimate of 27 cents. The third quarter earnings were also below the year-ago quarter level.
Seagate reported revenue of $2.70 billion in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up Toward The End Of U.S. Session

Posted: 13 Jul 2011 01:25 PM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Wednesday after the release of U.S. data on Federal Budget Balance.<br/><br/> EUR/USD was trading at 1.4148, up 1.23% at time of writing.<br/><br/> The pair was likely to find support at 1.3838, Tuesday&rsquo;s low, and resistance at 1.4368, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. federal budget balance rose unexpectedly 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 0.36%

Posted: 13 Jul 2011 01:10 PM PDT

Forexpros – U.S. stocks were up after the closing bell on Wednesday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average rose 0.36%, the S&P 500 index gained 0.31%, while the Nasdaq 100 index climbed 0.37%.<br/><br/> Earlier in the day, official data showed that The U.S. federal budget balance rose unexpectedly to a seasonally adjusted -43.1B last month from -57.6B in the preceding month.<br/><br/>Analysts had expected U.S. federal … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Freeport Workers Resume Work

Posted: 13 Jul 2011 01:05 PM PDT

Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) employees finally ended their eight day long strike at massive Grasberg mine in Indonesia and resumed work. Previously, thousands of Freeport workers went on strike demanding higher wages and protesting the dismissal of their union leaders.
The strike paralyzed the output at the remote Grasberg mine, which contains the world's largest recoverable reserves of copper and the biggest single gold reserve. It also stopped loading of metal concentrate … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

1000 Green Trucks At WM

Posted: 13 Jul 2011 01:05 PM PDT

Waste Management, Inc. (NYSE:WM) has become the largest owner and operator of clean-running, heavy duty refuse trucks in North America by adding the 1000th natural gas truck to its fleet. The trucks are powered by clean-burning natural gas.
This is in line with the company's efforts to develop the cleanest fleet of heavy duty trucks in the industry. The trucks that Waste Management runs out of its Carson service yard, as well as a third of its California clean fleet, are … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Initiating Mindray At Neutral

Posted: 13 Jul 2011 01:05 PM PDT

We initiate our coverage on Mindray Medical International Limited (NYSE:MR) with a Neutral rating.
This leading Chinese medical devices company is a bellwether in the Chinese MedTech industry with a solid international presence. It operates in three segments: Patient Monitoring, In-vitro Diagnostics and Medical Imaging. A key distinction with domestic competitors is that the majority of Mindray's products have CE Mark and/or Food and Drug Administration ("FDA") clearance.  … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Wright To Demo At The AOFAS

Posted: 13 Jul 2011 01:05 PM PDT

International orthopedic devices company Wright Medical (NASDAQ:WMGI) will showcase its foot and ankle products at the American Orthopaedic Foot & Ankle Society ("AOFAS") meet, slated to be held in Keystone, Colorado, between July 13 and 16.
Besides providing an overview of its product innovations to foot and ankle surgeons, the Tennessee-based company will hold, at the AOFAS, surgical training sessions on its mobile medical education unit. 
Key products to be featured at Wright … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Statoil To Expand Arctic LNG Plant

Posted: 13 Jul 2011 01:05 PM PDT

Statoil ASA (NYSE:STO) is mulling over expanding production at its Snoehvit liquefied natural gas (LNG) plant in the Arctic.
The expansion would include the second processing train in 2018 to treat gas from recent discoveries in the Barents Sea.
Statoil's plant, which treats gas from the offshore Snoehvit field, is situated on Melkoeya Island in Europe's northernmost tip. It enjoys a monopoly in Europe as it is the only LNG processing plant over there.
The plant processes gas from the offshore … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Marriott Remodels Chicago Property

Posted: 13 Jul 2011 01:05 PM PDT

Marriott International Inc. (NYSE:MAR) is on the verge of completing the renovation of its Chicago Marriott O’Hare property for $40 million. The Chicago hotel near O’Hare is likely to unveil its new look in January 2012. The renovation program covers 470 guest rooms and includes the addition of a state-of-the-art fitness center, 7400 square feet of meeting space and other amenities.
Marriott has embarked on an extensive remodeling program, which also includes its Riverside, California property. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up On Economic Data

Posted: 13 Jul 2011 12:55 PM PDT

Forexpros – The British Pound was higher against the U.S. Dollar on Wednesday after the release of U.S. data on Federal Budget Balance.<br/><br/> GBP/USD was trading at 1.6109, up 1.23% at time of writing.<br/><br/> The pair was likely to find support at 1.5781, Tuesday&rsquo;s low, and resistance at 1.6121, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. federal budget balance rose unexpectedly to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Barron’s: “Gold Stock Trades Signals Potential Bottom In Mining Stocks”

Posted: 13 Jul 2011 12:50 PM PDT

Written on 7-5-11
Mining stocks look attractively valued, Jeb Handwerger, editor of GoldStockTrades wrote in a note to clients.
Soon the Barrick's and Newmont's (NEM) of the world "with increasing profit margins will be faced with a choice to either distribute sizable cash dividends or invest them in mergers and acquisitions," he observes.
Discovery and production rates in the industry are declining as the bullion prices continue to soar, Handwerger added.
He sees … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Alabama Dental Cartel Tried To Squash Competition

Posted: 13 Jul 2011 12:44 PM PDT

The Nonprofit Quarterly (NPQ) has been following a controversy in Alabama involving a battle between the non-profit Sarrell Dental Center and the state’s for-profit, private “dental cartel” and its trade organization – the Alabama Dental Association (ALDA), see news reports here (4/13/2010), here (4/28/11) and here (7/9/2011).  Here’s some background:

From the clinic’s website: “Sarrell Dental is a non-profit that treats the dental and optical needs of Alabama children ages 1-20 with … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Who Benefits From Mortgage Deductibility?

Posted: 13 Jul 2011 12:35 PM PDT

Much of the discussion about raising tax revenues has been about cutting deductions and tax credits, rather than raising rates. One of the biggest of these is the mortgage interest deduction (MID).
I found the graph below to be very interesting. It shows the dollar amount of the benefit for different levels of taxable income versus the number of tax returns each group gets. The data comes from the Joint Committee on Taxation, and the graph was put together by Felix Salmon of Reuters (
I would … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Suntech Debuts Twin Solar Panels

Posted: 13 Jul 2011 12:35 PM PDT

Suntech Power Holdings Co. Ltd. (NYSE:STP) launched two new high-performance solar panels, HiPerforma 245 watt module and Suntech 290W Vd Series module. These products are immediately available for purchase in the United States, Canada and Latin America.
Suntech’s new 245 watt HiPerforma multicrystalline module uses the company's advanced Pluto cell processing technology that reduces shading on the cell surface and allows cells to absorb more sunlight to generate additional electricity. The new … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

FDA Nod For St. Jude Epiducer

Posted: 13 Jul 2011 12:35 PM PDT

Medical devices major St. Jude (NYSE:STJ) won the approval of the U.S. Food and Drug Administration ("FDA") for its Epiducer lead delivery system.
This unique system has been geared for neurostimulation therapy (stimulation of the spinal cord by electrical impulses) for managing chronic pain. The Minnesota-based company has begun a limited market launch of the system.   
The Epiducer system was designed to reduce procedural complexities and improve efficiency in placing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Mylan Gets HIV Rights From Gilead

Posted: 13 Jul 2011 12:35 PM PDT

Mylan, Inc. (NYSE:MYL) recently announced that its Indian subsidiary Matrix Laboratories has been granted future rights to produce and sell generic versions of three investigational HIV therapies of Gilead Sciences, Inc. (NASDAQ:GILD), if and when approved. The agreement aims to expand access to HIV therapies in developing nations. The therapies include elvitegravir, an integrase inhibitor; cobicistat, an antiretroviral (ARV) boosting agent; and the “Quad,” a once-daily combination pill of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Sallie Mae Downgraded To Neutral

Posted: 13 Jul 2011 12:35 PM PDT

We have recently downgraded our recommendation on shares of SLM Corp. (NYSE:SLM) (better known as Sallie Mae) to Neutral.
We believe that the company’s leading position in the student lending market, expense curtailment initiatives and the acquisition of federal student loan assets bode well. Dividend reinstatement and share buyback efforts also inspire investors' confidence in the stock.
However, the positives have already been factored in the current price.
First Quarter Earnings
Sallie Mae … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Ball Corp To ‘Trim’ Cans

Posted: 13 Jul 2011 12:35 PM PDT

Ball Corporation (NYSE:BLL) has recently announced the new size of its beverage can, also nicknamed 'Trim' due to its size. Ball Corporation which is a leading producer of aluminum beverage cans, introduced this lightweight can, particularly for health conscious customers. Besides, the can is unbreakable, quick chilling and 100% recyclable.
The new can with a size of 8-oz. is smaller than the Ball's usual can size of 8.4-oz. has a body diameter of 202 while end diameter is 200. The new can … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Down On Economic Data

Posted: 13 Jul 2011 12:30 PM PDT

Forexpros – The U.S. Dollar was lower against the Swiss Franc on Wednesday after the release of U.S. data on Federal Budget Balance.<br/><br/> USD/CHF was trading at 0.8194, down 1.35% at time of writing.<br/><br/> The pair was likely to find support at 0.8184, today&rsquo;s low, and resistance at 0.8520, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. federal budget balance rose unexpectedly to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Previewing The US Retail Sales Report – Did US Consumers Retrench In June?

Posted: 13 Jul 2011 12:27 PM PDT

The key risk event in the US tomorrow will be the US Retail Sales report for the month of June, which will be released at 8:30AM ET. We preview this release.
Fundamental Release: Retail Sales (Jun)
Time: 8:30AM ET
Pair: USD crosses
Expected: 0.0%
Previous: -0.2% (May)
Core Retail Sales m/m
Expected: 0.1%
Previous: 0.3% (May)
Chart of Indicator:

Importance of This Event:
With the economy facing anemic job growth, it will be very important to gauge consumer spending during the period, as … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

07/13 FX Options Report

Posted: 13 Jul 2011 12:24 PM PDT

EUR/USD came off four month lows, on positive market sentiment. Bernanke announced the Fed is ready to stimulate growth. China GDP came in above … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: QE3

Posted: 13 Jul 2011 12:18 PM PDT

Cusick’s Corner
The Fed notes came out, and QE3 now looks to be on the table, which catalyzed that the market specifically getting the Euro, E7U11, over $1.40 and the Dollar, DXU11, pulled back to the 76 level. But that was short lived when Moody’s downgraded Irish debt, bringing yields in the Bonds to the day highs (not helping my bond position), resurging the strength in the Dollar while taking equities and commodities down. Safety is the trade of the day but yield will come into play and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Dollar Down, Market Up

Posted: 13 Jul 2011 12:18 PM PDT

Cusick’s Corner
Thanks Uncle Ben. The Fed chief spoke and the market interpreted his comments as well, bullish (QE3?). You got to love expiration week, the week when anything can happen. Back when I was on the trading floor, during Expiration week we wanted risk tied up by Wednesday so that if we got a move going towards the end of the week, we didn’t bleed. Shorts after this move have been stopped or pushed out of this market (includes credit spread strategists and those who sold calls), … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Speculators Lead Yellow Metal To New Highs, Gold And Silver Miners Surge

Posted: 13 Jul 2011 12:18 PM PDT

by Raghu Gullapalli, SmartStops writer  – originally posted at Minyanville
This past weekend I was watching Wall Street 2 on HBO. During the course of one of his monologues Gordon Gekko, played by Michael Douglas said, "Bulls make money, Bears make money and Pigs get slaughtered."
 Did Gekko spell pigs P-I-I-G-S?
 Over the past several months the world markets have closely watched the soap opera regarding European debt play out. Perhaps we have mistakenly fixated on the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down On U.S. Data

Posted: 13 Jul 2011 12:10 PM PDT

Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Wednesday after the release of U.S. data on Federal Budget Balance.<br/><br/> USD/CAD was trading at 0.9592, down 0.77% at time of writing.<br/><br/> The pair was likely to find support at 0.9570, Friday&rsquo;s low, and resistance at 0.9779, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. federal budget balance rose unexpectedly to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Kinder Morgan Reaffirmed At Neutral

Posted: 13 Jul 2011 11:59 AM PDT

We are maintaining a Neutral rating on Kinder Morgan Energy Partners, L.P. (NYSE:KMP).
One of the of the largest publicly traded master limited partnerships, Kinder Morgan’s focus on fee-based and diversified businesses has enabled the partnership to distribute its business risks.
We remain optimistic on the partnership's attempt to strengthen its presence in the Eagle Ford shale play in South Texas. Kinder Morgan, along with joint venture partner Copano, expects to spend approximately $300 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

XL Group Downgraded

Posted: 13 Jul 2011 11:59 AM PDT

We are downgrading XL Group Plc. (NYSE:XL) to Underperform from Neutral given its significant exposure to catastrophe losses that continue to weigh on results of the company.
Also, a soft property and casualty environment will continue to restrict top line growth. Moreover, the current interest rate environment and exposure to the credit market will hurt investment income to some extent.
XL has substantial exposure to losses resulting from natural and man-made disasters and other catastrophic … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GM Pursues Investment In Midwest

Posted: 13 Jul 2011 11:59 AM PDT

General Motors Company (NYSE:GM) has announced investment amounting to $130 million at its three plants in the Midwest U.S., namely, Toledo, Ohio, Bedford, Indiana and Wyoming, Michigan.
The investment in the plants is a part of the automaker's $2 billion investment program at 17 assembly and components plants in 8 states over the next 18 months in the U.S. Through the $2 billion investment plan, the company aims at create or preserve more than 4,000 hourly and salaried jobs at the plants.
Among … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Campbell Sets Strategic Plan

Posted: 13 Jul 2011 11:59 AM PDT

Campbell Soup Company (NYSE:CPB) divulged its new growth strategy which will primarily focus on expanding the company's three core categories of simple meals, baked snacks and healthy beverages. An improvement in products and packaging is also an area of focus and so is expansion in the international markets. The company is hopeful that the new strategy will yield higher sales growth and superior returns to shareholders.
Guidance
The company now anticipates net sales for fiscal 2011 to be … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CenturyLink To Underperform

Posted: 13 Jul 2011 11:59 AM PDT

We are downgrading our long-term recommendation on CenturyLink Inc. (NYSE:CTL) to Underperform from Neutral.
Although the third-largest U.S. landline operator continues to grow its broadband customer base and associated revenues, it remains challenged by the decline in fixed voice access lines. The company faces intense competition from cable TV operators who are aggressively offering traditional voice service through their networks.
The company's first quarter earnings also failed to impress. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: AUD/USD Rises To Retest Key Resistance

Posted: 13 Jul 2011 11:53 AM PDT

AUD/USD (daily chart) as of Wednesday (7/13/2011) has once again approached a retest of key resistance around the 1.0770-1.0790 price region, which has already been tested and respected twice in the month of July. This resistance also represents the 61.8% Fibonacci retracement level of the last major bearish correction extending from the all-time 1.1010 high down to the 1.0440 area low. The current resistance retest occurs within the context of a strong overall uptrend extending back to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down On U.S. Data

Posted: 13 Jul 2011 11:45 AM PDT

Forexpros – The U.S. Dollar was lower against the Japanese Yen on Wednesday after the release of U.S. data on Federal Budget Balance.<br/><br/> USD/JPY was trading at 79.01, down 0.28% at time of writing.<br/><br/> The pair was likely to find support at 78.49, Tuesday&rsquo;s low, and resistance at 81.48, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. federal budget balance rose unexpectedly to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Developments In Italy Help Calm European Markets, But For How Long?

Posted: 13 Jul 2011 11:42 AM PDT

We've had a lot of risk events in reagrds to the euro this week with solvency issues in regards to Italy taking the cake now as contagion spreads to the bigger nations from Greece, Portugal and Ireland. We had another downgrade today, that of Ireland, and now all 3 countries that took bailouts are below investment grade. However the attention has firmly turned to Italy this past two weeks and we did see some important developments on that front.
Italy Debt Auction Helps Calm Nerves, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Developments In Italy Help Calm European Markets, But For How Long?

Posted: 13 Jul 2011 11:42 AM PDT

We've had a lot of risk events in reagrds to the euro this week with solvency issues in regards to Italy taking the cake now as contagion spreads to the bigger nations from Greece, Portugal and Ireland. We had another downgrade today, that of Ireland, and now all 3 countries that took bailouts are below investment grade. However the attention has firmly turned to Italy this past two weeks and we did see some important developments on that front.
Italy Debt Auction Helps Calm Nerves, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

24-Week Trial Data Announced / Final Module Filed…

Posted: 13 Jul 2011 11:35 AM PDT

24-Week Trial Data Announced / Final Module Filed…

In early July SANUWAVE (SNWV) announced that they had made the third and final module filing to the FDA for dermaPACE in the treatment of diabetic foot ulcers.  

Also announced was 24-week data from SANUWAVE’s Phase III IDE study.  The data, along with the 12-week results, which were announced in December 2010, will serve as support for FDA approval and were included in the third module filing.  

The recent data … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ICAD, Inc: Initiating Coverage At Neutral

Posted: 13 Jul 2011 11:35 AM PDT

Brian Marckx, CFA
We have initiated coverage of iCAD (ICAD) with a Neutral rating and $1.30 price target.  See below for free access to our full 20 page report on the company which includes an analysis of iCAD’s target markets and competition as well as our detailed financial model and valuation methodology.  While we are positive on iCAD’s fundamentals, we believe caution is warranted until there is more clarity on the potential and likely liability related to a recently filed … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Apache, Crosstex In Gas Plant Deal

Posted: 13 Jul 2011 11:35 AM PDT

U.S.energy firm Apache Corp. (APA) and Dallas-based Crosstex companies – pipeline operator Crosstex Energy L.P. (XTEX) and its general partner Crosstex Energy Inc. (XTXI) – have teamed up to build a new natural gas processing plant in the Permian Basin in West Texas. The proposed facility will process natural gas from Apache’s Deadwood development in Glasscock County, Texas.   
As per the agreement between the firms, the Crosstex companies and Apache will jointly own the facility … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Entergy Scores On The Green Front

Posted: 13 Jul 2011 11:35 AM PDT

Integrated energy company Entergy Corporation (NYSE:ETR) scaled new heights in its efforts to curb greenhouse gas emissions.
In its 2010 sustainability report the company disclosed that it has exceeded its 10-year greenhouse gas reduction target. That was the second voluntary commitment by the company to stabilize greenhouse gas emissions at 20% below year 2000 levels. Since the commitment in 2001, Entergy was able to beat its cumulative targets by more than 14%.
Entergy has been actively … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BSX Completes Enrollment

Posted: 13 Jul 2011 11:35 AM PDT

Boston Scientific Corporation (NYSE:BSX) has completed patient enrollment in the ASTI post-market clinical follow-up study that began in 2010. The study is designed to evaluate Adapt Monorail Carotid stent system in combination with FilterWire EZ Embolic Protection System for treatment of carotid artery disease in patients who are at high risk of surgery.
The study that enrolled 100 patients in Europe will examine rates of major adverse events – death, stroke or myocardial infarction after 30 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up On Economic Data

Posted: 13 Jul 2011 11:30 AM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Wednesday after the release of U.S. data on Federal Budget Balance.<br/><br/> EUR/USD was trading at 1.4138, up 1.16% at time of writing.<br/><br/> The pair was likely to find support at 1.3838, Tuesday&rsquo;s low, and resistance at 1.4368, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. federal budget balance rose unexpectedly to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up On U.S. Data

Posted: 13 Jul 2011 11:15 AM PDT

Forexpros – The British Pound was higher against the U.S. Dollar on Wednesday after the release of U.S. data on Federal Budget Balance.<br/><br/> GBP/USD was trading at 1.6093, up 1.12% at time of writing.<br/><br/> The pair was likely to find support at 1.5781, Tuesday&rsquo;s low, and resistance at 1.6121, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. federal budget balance rose unexpectedly to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

“Fed Stimulus…like A Sugar Fix”

Posted: 13 Jul 2011 11:14 AM PDT

07/13/11 DME Securities’ Alan Valdes discusses Bernanke’s latest comments on stimulus measures, and the latest global … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Federal Budget Balance Rises Unexpectedly

Posted: 13 Jul 2011 11:10 AM PDT

Forexpros – The U.S. federal budget balance rose unexpectedly last month, official data showed on Wednesday.<br/><br/>In a report, Department of the Treasury said that U.S. federal budget balance rose to a seasonally adjusted -43.1B, from -57.6B in the preceding month.<br/><br/>Analysts had expected U.S. federal budget balance to fall to -65.5B last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Valmont Ind.

Posted: 13 Jul 2011 11:05 AM PDT

A leading producer of engineered products, Valmont Industries, Inc. (NYSE:VMI), announced that it would release its results for the second quarter of 2011 before the market opens on July 15, 2011.
Valmont kicked off the earnings season with its first quarter posting an EPS of 97 cents per share versus last year’s 62 cents per share, an increase of 56.5% and surpassing the Zacks Consensus Estimate of 95 cents.
With respect to earnings surprises, the company outdid the Zacks Consensus Estimate in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Google Earnings Preview: Is Growth Reflected In Stock Price?

Posted: 13 Jul 2011 11:05 AM PDT

Thursday after the market close, Google (NASDAQ:GOOG) will report June quarterly earnings with consensus expectations calling for EPS of $6.78. This is down from the $7.05 consensus of 90 days ago.
Remember GOOG’s last report in April? They missed the consensus number by 10 cents (1.4%) and the stock fell $50 (8.6%) from $580 to $530 the day after.
Given that the “king of the web” had now fooled the Street more than once in the past year, and expectations about earnings momentum for this high … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

PartnerRe Affirmed At Neutral

Posted: 13 Jul 2011 11:05 AM PDT

We have reiterated our 'Neutral' recommendation on PartnerRe Ltd. (NYSE:PRE).
PartnerRe's first-quarter operating loss per share of $10.82 came in significantly wider than the Zacks Consensus Estimate for a loss of $7.68. It was also wider than the $0.60 loss recorded in the year-ago quarter, primarily due to huge losses incurred from catastrophes in Japan, Australia and New Zealand, along with net favorable loss development on prior accident years.
PartnerRe recorded about $1.02 billion in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Equinix Adds Capacity In U.K.

Posted: 13 Jul 2011 11:05 AM PDT

Leading data center solutions provider Equinix Inc. (NASDAQ:EQIX) recently announced the opening of the second phase of its fifth International Business Exchange (IBX) data center (LD5) in London.
The opening of LD5 in April 2010 marked the setting up of Equinix' fiftieth data center across the world. According to management, LD5 will be the largest data center in the U.K. and the second largest in Europe. The 27,800 square meter data center has been developed within the LD4 campus (opened in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Chevron To Drill Offshore Liberia

Posted: 13 Jul 2011 11:05 AM PDT

U.S. energy major Chevron Corporation (NYSE:CVX) aims to commence its exploratory drilling activities off the coast of Liberia in the fourth quarter of 2011.
The company has obtained a drill ship for this purpose and will perform the operations in the first deepwater well in blocks LB-11, LB-12 and LB-14.
In September 2010, with the approval of the Liberian government, Chevron acquired a 70% interest in the three aforesaid deepwater concessions. These are located between 12 miles and 110 miles to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Looks At 1.4131…again

Posted: 13 Jul 2011 10:57 AM PDT

It will need to be broken, to give shorts … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bulls Prepping For A Rally Don Red Hat Call Options

Posted: 13 Jul 2011 10:54 AM PDT

Bulls prepping for a rally don Red Hat call options
Today's tickers: RHT, MDRX, CQB & DOW
(NYSE:RHT) – Red Hat, Inc. – Options activity in December contract calls on the world's leading provider of open source solutions suggests shares in Red Hat may rally more than 10.0% to their highest in more than a decade by the end of 2011. The stock gained 1.80% this afternoon to trade at $44.57 by 12:30 pm on the East Coast, paring some losses realized earlier in this week. In the previous four … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/CHF: Bearish Elliott Wave Cycle Can End With Eurozone Bank Stress Results

Posted: 13 Jul 2011 10:51 AM PDT

Prev: EUR/CHF: Fresh Record Lows Projected to 1.1520 (7/11)
EUR/CHF

Very Clear Medium Term Bearish Impulse Wave
- While the USD lost to the EUR today on Bernanke's talking up stimulus (QE3 perhaps?), the CHF held its ground.
- The EUR/CHF looks to continue the decline further with strong bearish candlestick formation.
- The RSI reading reflects bearish momentum as it returns towards 30.
- Structurally, the decline since 1.2345 appears to be in its 5th, or terminal wave in a motive wave … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Reviewing Retracement Strategies In Power Trending Gold

Posted: 13 Jul 2011 10:45 AM PDT

So far, there's been no stopping the bullish power trend in gold, but that doesn't mean you should rush out and put on an aggressive gold position just because price continues to rise steadily.
Let's do a quick review of a simple retracement strategy you can use to minimize risk and maximize opportunities in the context of this rising trend so long as it persists.
First, the "Bigger Picture" Weekly Intermediate (and Long-Term) Trend:

As a reference, review some of my prior posts on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The U.S. Session

Posted: 13 Jul 2011 10:45 AM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4149, up 1.24% at time of writing.<br/><br/> The pair was likely to find support at 1.3838, Tuesday&rsquo;s low, and resistance at 1.4368, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.06% to hit 0.8788 and EUR/JPY rising 0.97% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Latvijas Banka Holds Refinancing Rate At 3.50%

Posted: 13 Jul 2011 10:44 AM PDT

Latvijas Banka held its main monetary policy interest rate, the refinancing rate, unchanged at 3.50%, and held its other interest rates unchanged.  The Bank said: “In view of the fact that the current inflation risk factors are not related to a rise in demand and that risks for price stability in the medium term are limited, the Bank of Latvia Council today resolved to leave unchanged the interest rates set by the Bank of Latvia and the mandatory reserve requirement in place for the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: GBPUSD Still Showing No Signs Of A Correction

Posted: 13 Jul 2011 10:42 AM PDT

The GBPUSD has slowed on its move to the upside, but is there a reason to sell?  Looking at the hourly chart, the price moved above the channel trendline which is indicative of an acceleration of the trend. In the process the price moved above the July 8th high at the 1.6075 area.  The current trendline in the chart comes in at the 1.6082 level. A move below these levels will be needed to give shorts and satisfaction (and perhaps goad solid longs to liquidate soem of their … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

WFC Converts More Wachovia Stores

Posted: 13 Jul 2011 10:35 AM PDT

In an effort to further its integration of Wachovia, Wells Fargo & Co.(NYSE:WFC) has completed the conversion of 300 Wachovia Community Banking locations into Wells Fargo outlets across the southern half of Florida.
In June, Wells Fargo completed the conversion of Wachovia Community Banking operations in 363 Stores across north and central Florida and the greater Tampa.
As a result of the Wachovia branch conversions over the past couple of months, more than 70 million customers in the state … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Johnson & Johnson

Posted: 13 Jul 2011 10:35 AM PDT

Johnson & Johnson (NYSE:JNJ) is slated to report its second quarter 2011 earnings on July 19, 2011. The current Zacks Consensus Estimate for the second quarter is $1.24 per share, representing a year-over-year decline of 2.48%.
Johnson & Johnson has surpassed earnings estimates in two of the last four quarters and reported in line with the Zacks Consensus Estimate in the other two quarters (with a trailing four-quarter average of 7.48%).
First Quarter Recap
Johnson & Johnson posted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: JPMorgan

Posted: 13 Jul 2011 10:35 AM PDT

JPMorgan Chase & Co. (NYSE:JPM) is scheduled to report its second quarter 2011 results before the market opens on Thursday, July 14. The Zacks Consensus Estimate for the quarter is $1.21 per share, representing a growth of about 11% over the year-ago quarter.
Same as before, it is expected that JPMorgan will surpass estimates backed by an improvement in equity markets, further reduction in reserves for future losses and strong credit trends in its credit card and wholesale businesses. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Correcting Off The High

Posted: 13 Jul 2011 10:17 AM PDT

The EURUSD fell on the back of the Fitch downgrade to CCC for Greek debt.  It seemed to be the excuse for some profit taking even though the downgrade was telegraphed earlier today. Nevertheless, off the high or not, shorts in the market still need to have that price move below key support levels like the 1.4131 where the 100 hour MA, the 38.2% of the last leg higher and where the upward sloping channel trend is found.  The price is heading toward that level now. Will shorts at the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Euro Rebounds, Dollar Slides On Fed Talks

Posted: 13 Jul 2011 05:00 AM PDT

07/13/11 The US dollar has reversed recent gains this afternoon following a surge in risk appetite on theFedstating that it would provide more support for the U.S. economy if weak growth … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Markets Close Higher; Dax Up 1.31%

Posted: 13 Jul 2011 09:55 AM PDT

Forexpros – European stocks were up after the closing bell on Wednesday.<br/><br/> At the close of European trade, Germany&rsquo;s DAX rose 1.31%, London&rsquo;s FTSE 100 gained 0.60%, France&rsquo;s CAC 40 climbed 0.48% and the EURO STOXX 50 was up 0.79%.<br/><br/> Meanwhile, on Wall Street, equity markets were up after the open. The Dow Jones Industrial Average was up 1.17%; the S&P 500 index gained 1.20%, while the Nasdaq 100 index climbed … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bonds Weakened By Bernanke Promise

Posted: 13 Jul 2011 09:10 AM PDT

Bond yields reversed declines inspired by panic-driven trading earlier in the week after Fed Chief Bernanke offered the prospect of another round of quantitative easing should a growth rebound undermine central bankers' forecasts. The dollar balked at the thought of further easing, which Mr. Bernanke said need not rely only on quantitative easing but could mean cutting the rate paid on banks' excess reserves in an effort to encourage them to lend.
Eurodollar futures – The Eurodollar curve … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Omega Diagnostics Puts Its Growth Strategy To The Test

Posted: 13 Jul 2011 06:41 AM PDT

Last year, Andrew Shepherd, the chief executive of Omega Diagnostics (LON:ODX), told investors that while he was satisfied with 12 months of solid sales that the company had just delivered, he was nevertheless eager to seek out a value-boosting acquisition. This month, Shepherd reported back to the market on a year that not only produced the all-important transformational deal but also saw an equally important strategic agreement with fellow AIM company Immunodiagnostic Systems (LON:IDH). … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Surprise, Surprise: Screening For Analyst Earnings Amp; Sales Surprise Stocks

Posted: 13 Jul 2011 04:36 AM PDT

In Brief
A forecast-based fundamentals screen based on identifying companies where the earnings and/or sales reported in a company’s interim or annual report are not in line with analysts’ earnings estimates. An upside surprise – where a company reports higher earnings than analysts predicted – has often been observed to trigger an increase in the stock price.
Background
Analysts produce individual forecasts based on the company’s prospects and trends in growth and costs before a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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