DailyMarkets.com - John Taylor Sept The Most Riskiest Time For Euro

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• John Taylor Sept The Most Riskiest Time For Euro
• Forex – GBP/JPY Up During The Asian Session
• Forex – USD/JPY Up On Economic Data, Earnings
• New Horizons Beckon Buckeye Partners
• Forex – EUR/USD Up In Asian Trade
• Japan’s Trade Balance Falls Less-than-expected
• Wednesdays With Wyckoff: Trading Rules
• PSEG Closes Texas Asset Sale
• U.S. Bancorp Tops, Provisions Fall
• HDFC Bank Maintains Healthy Trend
• Fidelity Edges Out Estimates
• Chevron Sheds Alaskan Assets
• Forex – GBP/USD Up On Economic Data, Earnings
• Hot Option Plays: Stocks Took A Breather
• Nationwide Consumer Confidence Falls Less-than-expected
• Forex – USD/JPY Up During Asian Trade
• DST To Buy ALPS Holdings
• Alkermes’ Fiscal 2012 Guidance
• Earnings Preview: BMC Inc.
• T-Mobile Value Plans Offer Unlimited Data
• Earnings Preview: Whirlpool Corp.
• Constellation Extends USPS Pact
• MICROS Remains Neutral
• Forex – NZD/USD Up In Asian Trade
• The Day Ahead: Earnings – AT&T, AMD, Microsoft, Morgan Stanley, Nokia, PepsiCo, Travelers; US Jobless Claims; Euro-zone Summit Of Finance Ministers
• Risk Reward Balance Capella
• M&T Outpaces Zacks Estimates
• Earnings Preview: Danaher Corporation
• BlackRock Rocks In Q2
• Lessons From Borders’ Bankruptcy For Foodtrucks?
• Intel Delivers On Strong Revenue
• Johnson Controls Profits Up 4%
• Amphenol Beats Expectations
• U.S. Markets Close Lower; Dow Jones Down 0.12%
• Quest A Penny Short, To Cut Costs
• St. Jude A Penny Ahead, Net Slips
• Altera Beats By A Penny
• Host Hotels Beats Estimates
• VMware Reports Strong 2Q
• Closing Bell Market Monitor: AAPL, AMR, YHOO, CLX
• Forex – EUR/USD Up At The End Of U.S. Session
• Forex – USD/JPY Down On Economic Data, Earnings
• CPKF: Maintain Outperform
• Altria In Line, Affirms Outlook
• Stryker Meets But Costs Hurt
• Forex – EUR/USD Up On Economic Data, Earnings
• U.S. Markets Close Lower; Dow Jones Down 0.07%
• XOM Offers Indonesia Project Stake
• Dow, Mitsui Form JV
• Target Targets Milwaukee
• Forex – GBP/USD Up During The U.S. Session
• United Technologies Beats Estimates
• Earnings Preview: EW
• Forex – USD/CHF Down In U.S. Trading Hours
• 07/20 FX Options Report
• Forex – USD/CAD Down
• Earnings Preview: Baxter
• Abbott Beats By A Penny; Raises Outlook
• Optimer Launches Dificid
• Yahoo Slides As Display Stumbles
• Intuitive Surpasses Estimates
• Forex Trading: EURUSD Tests Intraday Support. Will The Trend Continue?
• Forex – EUR/USD Up In U.S. Trading Hours
• Forex Trading: USDCHF Tests The 100 Hour MA/Week Midpoint
• Three-legged Bull Eyes Archer-Daniels-Midland Co. Options
• Three-legged Bull Eyes Archer-Daniels-Midland Co. Options
• Three-legged Bull Eyes Archer-Daniels-Midland Co. Options
• Afren Targets Production Boost And Exploration Drilling

John Taylor Sept The Most Riskiest Time For Euro Posted: 20 Jul 2011 06:51 PM PDT John Taylor latest from Bloomberg. He said euro to hit $1.15 at conservative estimates. We guess China buying of Euros must be finished by then, so it could be in the tea leaves. See … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Up During The Asian Session Posted: 20 Jul 2011 05:45 PM PDT Forexpros – The British Pound was higher against the Japanese Yen on Thursday after the release of Japanese data on Trade Balance.<br/><br/> GBP/JPY was trading at 127.31, up 0.05% at time of writing.<br/><br/> The pair was likely to find support at 126.67, Monday&rsquo;s low, and resistance at 127.87, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Japan&rsquo;s trade balance fell less-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Up On Economic Data, Earnings Posted: 20 Jul 2011 05:15 PM PDT Forexpros – The U.S. Dollar was higher against the Japanese Yen on Thursday after the release of Japanese data on Trade Balance.<br/><br/> USD/JPY was trading at 78.85, up 0.09% at time of writing.<br/><br/> The pair was likely to find support at 78.71, Wednesday&rsquo;s low, and resistance at 79.32, Wednesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Japan&rsquo;s trade balance fell less-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

New Horizons Beckon Buckeye Partners Posted: 20 Jul 2011 05:05 PM PDT Oil and gas pipelines master limited partnership (MLP) Buckeye Partners L.P. (NYSE:BPL) said it has added two petroleum products terminals in Maine and a 124-mile pipeline that connects the two terminals to its portfolio of assets. The partnership acquired these assets from the affiliates of ExxonMobil Corp. (NYSE:XOM). As part of the deal, Buckeye successfully acquired 100% stakes in the pipeline and two terminals in Maine – one at Bangor and the other at Portland. The terminal at Bangor has a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up In Asian Trade Posted: 20 Jul 2011 05:05 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4261, up 0.32% at time of writing.<br/><br/> The pair was likely to find support at 1.4015, Monday&rsquo;s low, and resistance at 1.4274, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.22% to hit 0.8821 and EUR/JPY rising 0.40% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Japan’s Trade Balance Falls Less-than-expected Posted: 20 Jul 2011 05:05 PM PDT Forexpros – Japan&rsquo; trade balance fell less-than-expected last month, official data showed on Wednesday.<br/><br/> In a report, the Ministry of Finance said that the country&rsquo;s trade balance fell to a seasonally adjusted -0.19T, from -0.47T in the preceding month.<br/><br/> Analysts had expected the trade balance to fall -0.25T last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Wednesdays With Wyckoff: Trading Rules Posted: 20 Jul 2011 04:50 PM PDT What did Richard Wyckoff have to say about general trading rules? As you develop as a trader, your rules should become automatic and routine, especially during the trading day. Let's take a look at another colorful quote from Richard Wyckoff as he discusses Trading Rules in Studies in Tape Reading: "A friend to whom I have given some points in Tape Reading asked if I had my rules all down so fine that I knew just which to use at certain moments. I answered him thus: When you cross a street … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

PSEG Closes Texas Asset Sale Posted: 20 Jul 2011 04:33 PM PDT PSEG Power LLC, a unit of Public Service Enterprise Group Inc. (NYSE:PEG) announced that it has closed the sale of its 1,000 MW Odessa gas fired generating plant to Odessa Power, LLC, a subsidiary of Energy Capital Partners II, LP for approximately $335 million. The closing of the Odessa sale completes the Texas asset sale announced by PSEG Power in early 2011. PSEG Power's Odessa plant is one of the two 1,000 MW gas-fired power plants it has in Texas. The sale of the other facility, Guadalupe, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Bancorp Tops, Provisions Fall Posted: 20 Jul 2011 04:33 PM PDT U.S.Bancorp (NYSE:USB) topped the Zacks Consensus Estimates as the company reported second quarter 2011 earnings attributable to common shareholders of $1,167 million or 60 cents per share. This was ahead of the Zacks Consensus Estimate of 53 cents. Results also compare favorably with earnings of 52 cents per share in the prior quarter and 45 cents in the year-ago quarter. U.S. Bancorp's revenues came in at $4.69 billion, up 3.8% year over year. The year-over-year increase was primarily driven … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

HDFC Bank Maintains Healthy Trend Posted: 20 Jul 2011 04:20 PM PDT HDFC Bank's (NYSE:HDB) fiscal first quarter 2012 (ended June 30, 2011) net profit of INR10.85 billion (US$0.24 billion) saw an impressive 33.7% increase over the prior-year quarter. Results improved primarily on strong growth in net revenue and a decline in provisions and contingencies (primarily comprising loan loss provisions), partially offset by higher operating expenses. HDFC Bank's net revenue for the quarter shot up 17.0% year over year to INR39.68 billion (US$0.88 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Fidelity Edges Out Estimates Posted: 20 Jul 2011 04:20 PM PDT Fidelity National Information Services Inc. (FIS) reported second quarter 2011 earnings of 55 cents, beating the Zacks Consensus Estimate by a penny. The better-than-expected result was driven by strong top-line growth in the quarter. Operating Performance Non-GAAP earnings per share (EPS) from continuing operations increased 17.0% year over year, the net effect of a lower share count, higher revenue and lower tax rate. Adjusted net earnings from continuing operations totaled $165.9 million … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Chevron Sheds Alaskan Assets Posted: 20 Jul 2011 04:20 PM PDT Chevron Corporation (NYSE:CVX) has entered into a deal with privately held exploration and production company Hilcorp Energy to sell all of its interests in Alaska’s Cook Inlet basin. Chevron will execute the deal through its wholly owned Alaskan subsidiary, Union Oil Co. of California. The financial terms of the deal were not disclosed. The properties included in the disposition pact comprise Chevron's interests in the Granite Point, Middle Shoals, Trading Bay and MacArthur fields along with … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up On Economic Data, Earnings Posted: 20 Jul 2011 04:20 PM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Wednesday after the release of U.K. data on Nationwide Consumer Confidence.<br/><br/> GBP/USD was trading at 1.6162, up 0.06% at time of writing.<br/><br/> The pair was likely to find support at 1.6006, Monday&rsquo;s low, and resistance at 1.6178, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, industry data showed that The U.K.'s Nationwide consumer confidence index fell … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Stocks Took A Breather Posted: 20 Jul 2011 04:17 PM PDT Cusick’s Corner Stocks took a breather, a little profit taking after yesterday’s rally. Financials led the day on news from E-Trade (NASDAQ:ETFC) and US Bancorp (NYSE:USB). The Financial Select Sector ETF (XLF) was up +1.14% to close at 15 and the option volume was almost 80% higher than the average daily volume. Traders overall are continuing to focus on earnings and the debt talks both here and abroad. There are still lots of earnings coming out – check the earnings calendar in your optionsXpress … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Nationwide Consumer Confidence Falls Less-than-expected Posted: 20 Jul 2011 04:15 PM PDT Forexpros – The U.K.'s Nationwide consumer confidence index fell less-than-expected last month, industry data showed on Wednesday.<br/><br/>In a report, Nationwide said that Nationwide consumer confidence fell to a seasonally adjusted 51, from 55 in the preceding month.<br/><br/>Analysts had expected Nationwide consumer confidence to fall to 49 last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Up During Asian Trade Posted: 20 Jul 2011 04:15 PM PDT Forexpros – The U.S. Dollar was higher against the Japanese Yen on Wednesday.<br/><br/> USD/JPY was trading at 78.86, up 0.11% at time of writing.<br/><br/> The pair was likely to find support at 78.71, today&rsquo;s low, and resistance at 79.32, today&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.37% to hit 1.4267 and GBP/USD rising 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

DST To Buy ALPS Holdings Posted: 20 Jul 2011 04:05 PM PDT DST Systems Inc. (NYSE:DST) is in expansion mode, having made four acquisitions in the past two months. The company has now signed a definitive agreement to take over privately held financial services company ALPS Holdings Inc. for $250.0 million. Denver, Colorado-based ALPS Holdings focuses on servicing and gathering assets and is the parent company of ALPS Fund Services Inc., ALPS Distributors Inc. and ALPS Advisors Inc. The company is currently managing assets worth more than $3.275 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Alkermes’ Fiscal 2012 Guidance Posted: 20 Jul 2011 04:05 PM PDT Alkermes, Inc. (NASDAQ:ALKS) provided revenue guidance for fiscal 2012 (ending March 31, 2012) taking into account its impending merger with Elan Corporation's (NYSE:ELN) drug delivery unit – Elan Drug Technologies (EDT). The merger, announced in May 2011, is expected to close in the third quarter of calendar 2011. The guidance was provided at Alkermes' Analyst and Investor Day. At the time of announcing the deal, Alkermes stated that the deal is worth approximately $960 million. The merged entity … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: BMC Inc. Posted: 20 Jul 2011 04:05 PM PDT BMC Inc. (BMC) is scheduled to announce its first quarter 2012 results on July 27, 2011. We do not see too much variation in analysts' estimates at this point. Fourth Quarter Overview For its fourth quarter, the company reported earnings per share of 64 cents, which missed the Zacks Consensus Estimate of 66 cents. Reported revenue of $562.0 million increased 14.0% year over year. The company is witnessing a significant shift in customer preference as major players in the IT industry are … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

T-Mobile Value Plans Offer Unlimited Data Posted: 20 Jul 2011 03:57 PM PDT 07/20/11 T-Mobile will begin offering unlimited data smartphone plans. The fourth largest US wireless carrier continues to compete against its … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Whirlpool Corp. Posted: 20 Jul 2011 03:35 PM PDT Whirlpool Corporation (NYSE:WHR) is scheduled to release its second quarter 2011 results before the market opens on July 21, 2011. Benton Harbor, Michigan-based Whirlpool Corporation earned a profit of $2.11 per share in the first quarter, beating the Zacks Consensus Estimate by a significant margin of 49 cents per share. For the upcoming quarter, the Zacks Consensus Estimate for Whirlpool Corp. is pegged at a profit of $2.76 per share, which reflects an annualized decline of 2.23%. The upside … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Constellation Extends USPS Pact Posted: 20 Jul 2011 03:35 PM PDT Constellation Energy Group Inc. (NYSE:CEG) signed an agreement with U.S. Postal Service ('USPS') facilities in New York, Massachusetts and Maine to provide electricity. This competitively bid agreement will further extend the six-year relationship with USPS. Per the agreement, Constellation Energy will supply electricity to USPS facilities in the three Northeast states through July 2012. In addition to New York, Maine and Massachusetts, Constellation Energy also provides electricity to USPS in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

MICROS Remains Neutral Posted: 20 Jul 2011 03:35 PM PDT We have reiterated our long-term Neutral recommendation on MICROS SYSTEMS, Inc. (NASDAQ:MCRS), which designs, manufactures, markets, and services enterprise information solutions for the hospitality and specialty retail industries. Partnership agreements, product innovation and acquisitions underscore MICROS' growth strategy. The company expanded its mobile payment applications by entering a partnership agreement with VeriFone Systems Inc. (NYSE:PAY) and Tabbedout. Simphony, an enterprise with … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Up In Asian Trade Posted: 20 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 0.8570, up 0.08% at time of writing.<br/><br/> The pair was likely to find support at 0.8381, Friday&rsquo;s low, and resistance at 0.8574, today&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.02% to hit 1.2558 and EUR/NZD rising 0.20% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Day Ahead: Earnings – AT&T, AMD, Microsoft, Morgan Stanley, Nokia, PepsiCo, Travelers; US Jobless Claims; Euro-zone Summit Of Finance Ministers Posted: 20 Jul 2011 10:20 AM PDT 07/20/11 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

Risk Reward Balance Capella Posted: 20 Jul 2011 03:05 PM PDT Currently, we have a Neutral recommendation and a price target of $47.00 for Capella Education Company (NASDAQ:CPLA), a provider of online education. The company's strong focus on working adults and exclusive online education has enabled it to establish a healthy position in the for-profit post-secondary education industry. Capella's first-quarter 2011 earnings of 97 cents a share beat the Zacks Consensus Estimate of 82 cents, and grew 9% from 89 cents earned in the prior-year quarter. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

M&T Outpaces Zacks Estimates Posted: 20 Jul 2011 03:05 PM PDT M&T Bank Corporation's (NYSE:MTB) second quarter 2011 operating earnings of $2.16 per share significantly exceeded the Zacks Consensus Estimate of $1.53. Earnings also expanded substantially from $1.67 per share in the prior quarter and $1.53 in the year-ago period. Quarterly results were aided by an increase in net interest income and non-interest income coupled with substantially lower provision for credit losses. However, an increase in expenses was on the downside. On a GAAP basis, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Danaher Corporation Posted: 20 Jul 2011 03:05 PM PDT Danaher Corporation (NYSE:DHR) is scheduled to announce its second quarter earnings before the opening bell on July 21, 2011. The current Zacks Consensus Estimate for the quarter is 67 cents per share. Revenue is expected at $4.1 billion. First-Quarter 2011, Summary Danaher Corporation reported first quarter 2011 earnings per share from continuing operations of 61 cents, exceeding the Zacks Consensus Estimate of 57 cents. This reflected a year-over-year increase of 42%. Revenues from continuing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BlackRock Rocks In Q2 Posted: 20 Jul 2011 03:05 PM PDT BlackRock Inc.'s (NYSE:BLK) second quarter 2011 adjusted earnings came in at $3.00 per share, fairly ahead of the Zacks Consensus Estimate of $2.92. The result also compares favorably with last year’s earnings of $2.96 and the prior-quarter’s earnings of $2.37. Adjusted results for the quarter leave out the PNC LTIP funding obligation, Merrill Lynch compensation contribution and income tax law changes. GAAP net income came in at $619 million or $3.21 per share, against $568 million or $2.89 per … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Lessons From Borders’ Bankruptcy For Foodtrucks? Posted: 20 Jul 2011 02:46 PM PDT “The loss of Borders is a signpost on the road to progress.  Amazon offered consumers what they wanted, faster, less expensive, and now with Kindle, better.  This is exactly what is happening with the Gourmet Food Trucks.”  Read more … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Intel Delivers On Strong Revenue Posted: 20 Jul 2011 02:35 PM PDT Intel (NASDAQ:INTC) reported better than expected results for the second quarter after the close on July 20. Earnings per share came in at 59 cents, beating the Zacks Consensus Estimate of 51 cents. This marks the chip maker’s 10th consecutive positive earnings surprise. EPS rose 16% over the same quarter in 2010. Revenue Strong Revenue jumped 22% year-over-year to $13.112 billion, also ahead of the Zacks Consensus Estimate, which was $12.807 billion. It was Intel’s 5th consecutive quarter of record … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Johnson Controls Profits Up 4% Posted: 20 Jul 2011 02:35 PM PDT Johnson Controls Inc. (NYSE:JCI) posted a modest 4% increase in profit to $383 million (excluding non-recurring items) in the third quarter of its fiscal year ended June 30, 2011. The result compares to $367 million (excluding non-recurring items) in the same quarter of fiscal 2010. On a per share basis, profits rose to 56 cents from 54 cents, beating the Zacks Consensus Estimate by 3 cents per share. The increase in profit was attributable to double-digit increases in sales for all the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Amphenol Beats Expectations Posted: 20 Jul 2011 02:35 PM PDT Amphenol Corporation (NYSE:APH) posted net income of $0.85 per share in the second quarter of 2011, compared to $0.72 in the first quarter of 2011 and $0.74in the year-ago quarter. This easily beat the Zacks Consensus Estimate of $0.77. Net income jumped 14.0% year over year to $147.7 million. Based in Connecticut, Amphenol designs, manufactures and markets electronic and fiber optic connectors, cable and interconnect systems. Sales came in at $1,018.0 million, up 15% year over year and 8% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Markets Close Lower; Dow Jones Down 0.12% Posted: 20 Jul 2011 02:35 PM PDT Forexpros – U.S. stocks were down after the closing bell on Wednesday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average fell 0.12%, the S&P 500 index shed 0.07%, while the Nasdaq 100 index declined 0.43%.<br/><br/> Earlier in the day, industry data showed that existing home sales fell unexpectedly to a seasonally adjusted annual rate of 4.77M last month from 4.81M in the preceding month.<br/><br/>Analysts had expected existing home … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Quest A Penny Short, To Cut Costs Posted: 20 Jul 2011 02:10 PM PDT Quest Diagnostics (NYSE:DGX) reported adjusted EPS of $1.12 during the second quarter of fiscal 2011, a penny below the Zacks Consensus Estimate but higher than last year’s $1.07. Adjusted EPS takes into account 10 cents per share of transaction and integration costs associated with the Athena Diagnostics and Celera transactions. An 11.8% decline in the number of outstanding shares had a favorable impact on earnings. Revenues for the quarter increased 1.5% year over year to $1.9 billion, in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

St. Jude A Penny Ahead, Net Slips Posted: 20 Jul 2011 02:05 PM PDT Medical technology giant St. Jude Medical's (NYSE:STJ) second-quarter 2011 adjusted earnings per share of 85 cents beat the Zacks Consensus Estimate by a penny and surpassed the year-ago earnings of 79 cents. This represents the Minnesota-based company's ninth consecutive quarter of outperformance. The adjusted earnings exclude charges (of $10 million) associated with the AGA Medical acquisition as well as costs (of $32 million) related to the restructuring of certain activities at the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Altera Beats By A Penny Posted: 20 Jul 2011 02:05 PM PDT Chipmaker Altera Corporation (NASDAQ:ALTR) reported sales of $548.4 million, up 17% from a year-ago and up 2% sequentially. The company saw a sequential growth in Telecom& Wireless, which was somewhat offset by an anticipated decline in the Industrial, Military & Automotive vertical. Revenue from other verticals decreased 9% while Networking, Computer & Storage increased 4%. Revenues from New products grew 1% while revenues from mainstream products grew 14% and revenues from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Host Hotels Beats Estimates Posted: 20 Jul 2011 02:05 PM PDT Host Hotels & Resorts Inc. (HST) reported second quarter 2011 FFO (funds from operations) of $210 million or 30 cents per share, compared with $151 million or 23 cents in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income. Recurring FFO in the quarter stood at 31 cents per share, compared with 23 cents in the year-ago quarter. The second … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

VMware Reports Strong 2Q Posted: 20 Jul 2011 02:05 PM PDT VMware Inc. (VMW) posted second quarter 2011 earnings per share that surpassed the Zacks Consensus Estimate of 31 cents by 3 cents. Results were positively impacted by revenue growth, as global demand for VMware products remained strong. Operational Performance Earnings (including stock-based compensation) increased to 34 cents from 17 cents per share in the year-ago quarter. Earnings (excluding one-time items and stock-based compensation) of 55 cents climbed 61.6% from 34 cents in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Closing Bell Market Monitor: AAPL, AMR, YHOO, CLX Posted: 20 Jul 2011 02:00 PM PDT 07/20/11 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: 20 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 Existing Home Sales.<br/><br/> EUR/USD was trading at 1.4216, up 0.42% at time of writing.<br/><br/> The pair was likely to find support at 1.4015, Monday&rsquo;s low, and resistance at 1.4240, today&rsquo;s high.<br/><br/> Earlier in the day, industry data showed that existing home sales fell unexpectedly to a seasonally adjusted annual rate of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down On Economic Data, Earnings Posted: 20 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 Existing Home Sales.<br/><br/> USD/JPY was trading at 78.77, down 0.52% at time of writing.<br/><br/> The pair was likely to find support at 78.71, today&rsquo;s low, and resistance at 79.32, today&rsquo;s high.<br/><br/> Earlier in the day, industry data showed that existing home sales fell unexpectedly to a seasonally adjusted annual rate … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CPKF: Maintain Outperform Posted: 20 Jul 2011 01:30 PM PDT Ann Heffron, CFA CPKF: Maintain Outperform We are maintaining our outperform recommendation on Chesapeake Financial Shares, Inc. (CPKF). CPKF reported solid 2011 second quarter net earnings of $2.1 million, up 55% from the $1.3 million reported in the year-ago quarter, while diluted EPS increased 57% to $0.63 from $0.40, with the better EPS performance reflecting share buybacks. Our second quarter diluted EPS estimate was $0.49. The primary reason for this improvement was a $1.1 million … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Altria In Line, Affirms Outlook Posted: 20 Jul 2011 01:30 PM PDT Altria Group Inc. (NYSE:MO) posted adjusted earnings of 53 cents per share in the second quarter of 2011, which was up 6.0% from the prior-year quarter and in line with the Zacks Consensus Estimate. The quarter benefited from strong operating income across its tobacco businesses, lower asset impairment and exit costs, and higher operating companies income (OCI) from its financial services. Quarter in Detail Altria's total revenue declined 5.6% to $5.9 billion, as opposed to the prior-year … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stryker Meets But Costs Hurt Posted: 20 Jul 2011 01:30 PM PDT Orthopedic devices major Stryker Corporation (NYSE:SYK) posted second-quarter fiscal 2011 adjusted earnings per share of 90 cents, meeting the Zacks Consensus Estimate while transcending the year-ago earnings of 80 cents. Adjusted net income jumped 10.4% year over year to $352 million. The adjusted earnings exclude $43 million in charges associated with the company's recent buyout of its rival Orthovita and the $1.5 billion acquisition of Boston Scientific's (NYSE:BSX) Neurovascular … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up On Economic Data, Earnings Posted: 20 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 Existing Home Sales.<br/><br/> EUR/USD was trading at 1.4216, up 0.42% at time of writing.<br/><br/> The pair was likely to find support at 1.4015, Monday&rsquo;s low, and resistance at 1.4240, today&rsquo;s high.<br/><br/> Earlier in the day, industry data showed that existing home sales fell unexpectedly to a seasonally adjusted annual rate of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Markets Close Lower; Dow Jones Down 0.07% Posted: 20 Jul 2011 01:10 PM PDT Forexpros – U.S. stocks were down after the closing bell on Wednesday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average fell 0.07%, the S&P 500 index shed 0.01%, while the Nasdaq 100 index declined 0.43%.<br/><br/> Earlier in the day, industry data showed that existing home sales fell unexpectedly to a seasonally adjusted annual rate of 4.77M last month from 4.81M in the preceding month.<br/><br/>Analysts had expected existing home … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

XOM Offers Indonesia Project Stake Posted: 20 Jul 2011 01:06 PM PDT World’s largest publicly traded oil company ExxonMobil Corporation (NYSE:XOM) is in search of partners for a coalbed-methane project in Kalimantan, Indonesia. Coalbed methane is a form of natural gas extracted from coal beds. ExxonMobil is offering 50% of its working interest in three blocks where initial drilling results have been encouraging. ExxonMobil holds a 49% stake in three coalbed-methane blocks –– Banjar-1, Banjar-2 and Tapin –– in East Kalimantan. The remaining 51% interest is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dow, Mitsui Form JV Posted: 20 Jul 2011 01:06 PM PDT The largest U.S. chemicals manufacturer, The Dow Chemical Company (NYSE:DOW) and Mitsui & Co., Ltd., of Japan have formed a Brazilian joint venture that will use local sugarcane to produce ethanol and plastics. The plastics resulting from the processing of Brazilian sugarcane will be used in the packaging, hygiene and medical industries. That would accelerate Dow’s plans to make a wide variety of chemical products and plastics from renewable fuels like ethanol. The company currently makes such … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Target Targets Milwaukee Posted: 20 Jul 2011 01:06 PM PDT According to Business Journal, Target Corp. (NYSE:TGT), as part of its grocery store expansion project countrywide, has taken a step to add more grocery stores in the Milwaukee area. The company is expected to unveil its latest  concept in Greenfield, Grafton, New Berlin and the Chase Avenue location in Milwaukee by month end. The company has plans to complete the construction of stores in Delafield and Franklin by October. Target is bent upon increasing its grocery market share in Milwaukee … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up During The U.S. Session Posted: 20 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 Existing Home Sales.<br/><br/> GBP/USD was trading at 1.6160, up 0.22% at time of writing.<br/><br/> The pair was likely to find support at 1.6006, Monday&rsquo;s low, and resistance at 1.6178, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, industry data showed that existing home sales fell unexpectedly to a seasonally adjusted annual … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

United Technologies Beats Estimates Posted: 20 Jul 2011 12:35 PM PDT United Technologies Corp. (UTX) reported second-quarter earnings per share from continuing operations of $1.45, above the Zacks Consensus Estimate of $1.41 and up 20% year-over-year. The year-over-year increase in the company's earnings was primarily attributable to favorable foreign currency translation. Total revenue for the quarter increased 9.2% year over year to $15.1 billion, including organic growth of 6% and a 4% favorable impact from foreign currency translation. New equipment orders … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: EW Posted: 20 Jul 2011 12:35 PM PDT Edwards Lifesciences Corporation (NYSE:EW) is scheduled to release its second quarter fiscal 2011 results on Thursday, July 21, 2011 after the market closes. The company is expected to earn 50 cents during the quarter on $424 million in revenues, according to the Zacks Consensus Estimate. As per Edwards' guidance (provided along with the first quarter results), adjusted EPS is expected in the range of 49−51 cents. Previous Quarter Highlights Edwards Lifesciences reported an adjusted EPS of 51 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Down In U.S. Trading Hours Posted: 20 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 Existing Home Sales.<br/><br/> USD/CHF was trading at 0.8190, down 0.61% at time of writing.<br/><br/> The pair was likely to find support at 0.8091, Monday&rsquo;s low, and resistance at 0.8278, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, industry data showed that existing home sales fell unexpectedly to a seasonally adjusted annual … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

07/20 FX Options Report Posted: 20 Jul 2011 12:20 PM PDT The USD continued to trade lower, while the CHF extended gains vs. the EUR. Debt talks in the US and Euro-zone will remain in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down Posted: 20 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 Existing Home Sales.<br/><br/> USD/CAD was trading at 0.9472, down 0.28% at time of writing.<br/><br/> The pair was likely to find support at 0.9458, today&rsquo;s low, and resistance at 0.9635, Monday&rsquo;s high.<br/><br/> Earlier in the day, industry data showed that existing home sales fell unexpectedly to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Baxter Posted: 20 Jul 2011 12:05 PM PDT Baxter International (NYSE:BAX) is slated to report its second-quarter 2011 results on Thursday, July 21. The current Zacks Consensus Estimate for the quarter is $1.02, representing an estimated 9.74% annualized increase.  First Quarter Recap Baxter reported first quarter adjusted (excluding one-time items) earnings per share of 98 cents, beating the Zacks Consensus Estimate of 93 cents, and surpassing the year-ago results of 93 cents. The company posted a net income of $570 million (or 98 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Abbott Beats By A Penny; Raises Outlook Posted: 20 Jul 2011 12:05 PM PDT Abbott Labs (NYSE:ABT) reported second quarter earnings of $1.12 per share, a penny above the Zacks Consensus Estimate and at the higher end of the guidance range provided by the company. Earnings increased 10.9% from the year-earlier period, as higher revenues helped drive results. Including one-time items, earnings jumped 48.2% to $1.23 per share. Second quarter revenues increased 9% to $9.6 billion, just above the Zacks Consensus Estimate of $9.5 billion. The Quarter in Detail All reportable … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Optimer Launches Dificid Posted: 20 Jul 2011 12:05 PM PDT Optimer Pharmaceuticals, Inc. (NASDAQ:OPTR) announced that it has recently launched its solely approved drug, antibiotic Dificid (fidaxomicin), for the treatment of clostridium difficile-associated diarrhea (CDAD) in adults. Optimer also plans to begin a Patient Assistance Program under which eligible patients in need will get easy access to Dificid. Dificid was approved by the US Food and Drug Administration (FDA) in May 2011. CDAD is the most common nosocomial or hospital-acquired diarrhea and is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Yahoo Slides As Display Stumbles Posted: 20 Jul 2011 12:05 PM PDT Yahoo! Inc.  (NASDAQ:YHOO) reported second quarter non-GAAP earnings that beat the Zacks Consensus Estimate by a penny, pretty much as we had previewed. The 5.9% sequential decline was the result of internal problems at Yahoo, despite stronger end markets. The result increased 14.0% from the comparable quarter in the prior year Yahoo shares opened lower today and have since lost around 7%, as investors reacted to the weakness in display, for which expectations were high. Revenue Yahoo reported … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Intuitive Surpasses Estimates Posted: 20 Jul 2011 12:05 PM PDT Intuitive Surgical (NASDAQ:ISRG) reported second-quarter fiscal 2011 earnings per share of $2.91, beating the Zacks Consensus Estimate of $2.71, while exceeding the corresponding year-ago earnings of $2.19. Net income rose 32.4% year over year to $117.4 million. The stock climbed 4.29% in after-hours trading on July 19 to $391, reflecting the forecast-topping results. Revenues Intuitive reported revenues of $426 million, up 21% year over year, beating the Zacks Consensus Estimate of $411 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Tests Intraday Support. Will The Trend Continue? Posted: 20 Jul 2011 11:53 AM PDT The EURUSD tests the intraday trendline support line and the 38.2% of the last move to the upside.  The levels come in at the 1.4215-16 area and if the level can hold support, it should keep the bulls in charge (chance for another leg higher – maybe a breach of the highs for the day  at 1.4238). A move below and the longs from below will likely lighten up a bit.  1.42577 remains a key resistance level above however. That level corresponds with the 38.2% of the move down from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up In U.S. Trading Hours Posted: 20 Jul 2011 11:45 AM PDT Forexpros – The Euro was higher against the U.S. Dollar on Wednesday after the release of U.S. data on Existing Home Sales.<br/><br/> EUR/USD was trading at 1.4222, up 0.47% at time of writing.<br/><br/> The pair was likely to find support at 1.4015, Monday&rsquo;s low, and resistance at 1.4240, today&rsquo;s high.<br/><br/> Earlier in the day, industry data showed that existing home sales fell unexpectedly to a seasonally adjusted annual rate of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USDCHF Tests The 100 Hour MA/Week Midpoint Posted: 20 Jul 2011 11:28 AM PDT The USDCHF is testing the 100 hour MA at the 08177 level. The midpoint of the weeks trading range is at 0.81796. Decision time for the pair.  Profit takers have a few reasons to buy at the level and have stalled the move. A break below, however, should lead to another step down with the 0.81568 level the next target (61.8 of the weeks trading range). The CHF remains a strong alternative as US/EURO problems lead to the flight into safety the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Three-legged Bull Eyes Archer-Daniels-Midland Co. Options Posted: 20 Jul 2011 11:26 AM PDT Three-legged bull eyes Archer-Daniels-Midland Co. options Today's tickers: ADM, ETFC, VG & XLNX (NYSE:ADM) – Archer-Daniels-Midland Co. – A couple of weeks ago demand for call options on one of the world’s largest processors of corn, wheat, cocoa and other feedstuffs jumped after Warren Buffet said Archer-Daniels-Midland is the "kind of company we look at" in regards to the search for acquisition candidates. Today, ADM options appear to be popular with at least one strategist … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Three-legged Bull Eyes Archer-Daniels-Midland Co. Options Posted: 20 Jul 2011 11:00 AM PDT Three-legged bull eyes Archer-Daniels-Midland Co. options Today's tickers: ADM, ETFC, VG & XLNX (NYSE:ADM) – Archer-Daniels-Midland Co. – A couple of weeks ago demand for call options on one of the world’s largest processors of corn, wheat, cocoa and other feedstuffs jumped after Warren Buffet said Archer-Daniels-Midland is the "kind of company we look at" in regards to the search for acquisition candidates. Today, ADM options appear to be popular with at least one strategist … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Three-legged Bull Eyes Archer-Daniels-Midland Co. Options Posted: 20 Jul 2011 10:56 AM PDT Three-legged bull eyes Archer-Daniels-Midland Co. options Today's tickers: ADM, ETFC, VG & XLNX The Options Brief commentary will resume on Wednesday July 27, 2011 (NYSE:ADM) – Archer-Daniels-Midland Co. – A couple of weeks ago demand for call options on one of the world’s largest processors of corn, wheat, cocoa and other feedstuffs jumped after Warren Buffet said Archer-Daniels-Midland is the "kind of company we look at" in regards to the search for acquisition candidates. Today, ADM … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Afren Targets Production Boost And Exploration Drilling Posted: 20 Jul 2011 05:02 AM PDT Afren (LON:AFR), the Africa-focused FTSE 250 oil and gas group, said today that it was on track to be producing 50,000 barrels of oil equivalent per day by the end of this year. In an update ahead of its half year results in August, the company said that while average full year daily production was set to be lower than originally thought because of unforeseen facilities downtime, it was nevertheless pleased with the reservoir performance at its main Ebok and Okoro fields in Nigeria. Afren said … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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