DailyMarkets.com - DENTSPLY- Astra Tech Deal Cleared

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• DENTSPLY- Astra Tech Deal Cleared
• Talk About Really Cheap!
• Valeant Completes Sanitas Buy
• MPG Mortgages CA Office Property
• Natural Gas Rig Count Touches 900
• AUXILIO Stands Alone
• Silicom???s Promising Growth Drivers
• Silicom’s Promising Growth Drivers
• Enterprise, Energy Transfer Drop JV
• Marvell Beats, Outlook Bright
• Earnings Preview: Heinz
• Valuations Compelling, Economic Outlook Cloudy
• Morgan Stanley Sells FRN
• Verizon Workers Resume Work
• “Question Is Whether Fed Has Political Power To Initiate Another Round Of QE”
• Options Point To Ugly 2011 Finale For JPMorgan
• AUXILIO Stands Alone
• Western Union Seals Notes Offering
• Kirkland’s Posts Loss
• Dollar Rebounds, Risk Aversion Rises
• Conoco Bangladesh On Track
• PMI Group Receives Notifications
• Forex Trading: EURUSD Bulls And Bears Battling
• Newell Reiterates To Neutral
• Cognizant Doubles BuyBack
• Earnings Preview: Hormel Foods
• Masimo Stays At Neutral
• Bond Demand Eases As Dealers Await Jackson Hole
• PS Business Parks Stays Neutral
• Intuit Reports Mixed 4Q
• Production Hiccup At BP Texas Unit
• Earnings Scorecard: Lowe’s
• Fundy Preview: After Weak Euro-zone 2Q GDP, Flash August PMI’s Can Set Tone For Euro
• Forex Trading: EURUSD Looks To Test 100 Day MA Now
• Forex – Dollar Trims Losses As Risk Appetite Falters
• Bon-Ton Lags, Trims Outlook
• New Board Member For Oclaro
• Hibbett Tops Estimates, Guides Higher
• Natural Gas Futures Hover Close To 5-month Low
• Crude Rises On Weak Dollar And Libyan Crude Skepticism
• Lowe’s To Buy Back $5 Billion In Common Stock
• Word From The Floor: Wall Street Start Higher, Gold Nears $1,900/oz.
• What’s In The Hole Ben?
• Forex – GBP/USD Erases Gains Amid Stimulus Fears
• Forex Trading: EURUSD Finds No Upside Momentum, So Moves Lower
• Gold Pares Gains But Remains Well-supported Near Record High
• Forex – Euro Steady Against Dollar In Quiet Trade
• Forex Trading: USDCHF Moves Toward The 100 Hour MA And Finds Sellers.
• Morning Market Brief
• The Neverending Story Of A “Gold Bubble”

DENTSPLY- Astra Tech Deal Cleared Posted: 22 Aug 2011 11:55 AM PDT Leading dental products maker DENTSPLY International (NASDAQ:XRAY) has won regulatory clearance for its acquisition of Sweden-based Astra Tech, the dental implant division of multinational drug major AstraZeneca PLC (NYSE:AZN). DENTSPLY, in June 2011, agreed to take over Astra Tech for $1.8 billion in cash. The deal is now expected to complete on August 31, 2011. DENTSPLY is financing the acquisition with cash, commercial paper and long-term debt. AstraZeneca is divesting the dental unit to renew focus … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Talk About Really Cheap! Posted: 22 Aug 2011 11:55 AM PDT Back in 1934 during the depths of the Great Depression, Graham and Dodd published the very first edition of their book: "Security Analysis". It is the very foundation of all modern security analysis. If you are really serious about investing, you should read it (or at least one of the later editions). Most people, though, will find it too dense to get through; it is not exactly good beach reading. The key concepts are available in a much more digestible book by Ben Graham called the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Valeant Completes Sanitas Buy Posted: 22 Aug 2011 11:55 AM PDT Valeant Pharmaceuticals International (NYSE:VRX) recently announced that it has completed the acquisition of Kaunas, Lithuania-based specialty pharmaceuticals company, AB Sanitas, for approximately EUR 314 million in cash. Sanitas has a broad branded generics portfolio, marketed across Central and Eastern Europe, primarily in Poland, Russia and Lithuania. Sanitas' 390 products, comprising mostly dermatology, ophthalmology and hospital injectables, will boost Valeant Pharma's European branded … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

MPG Mortgages CA Office Property Posted: 22 Aug 2011 11:35 AM PDT MPG Office Trust Inc. (NYSE:MPG), a real estate investment trust (REIT), has recently obtained a mortgage loan collateralized by the Plaza Las Fuentes office property in Pasadena, California. The $33.75 million mortgage loan was financed by the East West Bank – the largest tenant of the property. Plaza Las Fuentes is located in the heart of Pasadena, one of California's most exciting cities, with easy access to cultural hotspots, world renowned museums, and public transportation facilities. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Rig Count Touches 900 Posted: 22 Aug 2011 11:35 AM PDT In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to an increase in the tally of land rigs. The Baker Hughes rig count, issued since 1944, acts as an important yardstick for drilling contractors such as Transocean Inc. (RIG), Diamond Offshore (DO), Noble Corp. (NE), Nabors Industries (NBR), Patterson-UTI Energy (PTEN) and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUXILIO Stands Alone Posted: 22 Aug 2011 11:05 AM PDT Ken Nagy, CFA AUXILIO Stands Alone AUXILIO (AUXO) is the only health care exclusive, vendor neutral Managed Print Services (MPS) firm that provides document production management strategies, services and solutions to hospitals throughout the United States. AUXILIO's continuous workflow improvement solutions enable hospitals and health systems to reduce costs and waste in their operational and clinical functions by managing the process of document production between printing and copying … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Silicom???s Promising Growth Drivers Posted: 22 Aug 2011 11:05 AM PDT Ken Nagy, CFA Silicom's Promising Growth Drivers The strong trends in rising internet traffic, cloud computing and virtualization that are developing within the information technology market offer Silicom several unique opportunities to dramatically increase revenues. These external developments strongly escalate Silicom's customer's network appliances needs for WAN optimization, internet security and application delivery. While total global monthly internet traffic is expected to be 4x … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Silicom’s Promising Growth Drivers Posted: 22 Aug 2011 11:05 AM PDT Ken Nagy, CFA Silicom’s Promising Growth Drivers The strong trends in rising internet traffic, cloud computing and virtualization that are developing within the information technology market offer Silicom several unique opportunities to dramatically increase revenues. These external developments strongly escalate Silicom's customer's network appliances needs for WAN optimization, internet security and application delivery. While total global monthly internet traffic is expected to be 4x … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Enterprise, Energy Transfer Drop JV Posted: 22 Aug 2011 11:05 AM PDT Midstream service providers, Enterprise Products Partners L.P (NYSE:EPD) and Energy Transfer Partners L.P. (NYSE:ETP) have scrapped their proposed joint venture (JV) to build a pipeline from Cushing, Oklahoma to Houston, Texas. Both parties had already extended the open commitment season twice in order to give shippers more time to commit pipeline capacity. Despite creating significant shipper interest, the group was unsuccessful in securing sufficient terms for making the project commercially … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Marvell Beats, Outlook Bright Posted: 22 Aug 2011 11:05 AM PDT Marvell Inc. (NASDAQ:MRVL) has reported second quarter fiscal 2012 adjusted earnings per share (EPS) of 33 cents, beating the Zacks Consensus Estimate by a penny. Last Friday, the shares witnessed a 10.69% increase in after-market trade on encouraging third quarter guidance. Revenue Marvell reported revenues of $897.5 million in the second quarter, up 0.1% from the prior-year quarter and 12.0% from the prior quarter. Revenue came within the company's guided range of $870.0–$910.0 million. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Heinz Posted: 22 Aug 2011 11:05 AM PDT H.J. Heinz Company (NYSE:HNZ) is scheduled to report its first-quarter 2012 financial results on Tuesday, August 23, 2011. The current Zacks Consensus Estimate for the quarter is 76 cents per share, an improvement of 5 cents from the prior quarter. Fiscal Year 2011 Synopsis The company posted robust earnings of 71 cents per share for the fourth quarter of fiscal 2010, missing the Zacks Consensus Estimate by a penny. The adjusted earnings came in ahead of last year’s 60 cents per share. The company … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Valuations Compelling, Economic Outlook Cloudy Posted: 22 Aug 2011 11:04 AM PDT The Earnings Picture Second-quarter earnings season is almost over with 486 or 97.2% of the reports in. With the exception of a handful of financials, most notably Bank of America (NYSE:BAC), which had a $12 billion negative swing in net income from last year, this is another great earnings season. The year-over-year growth rate for the S&P 500 is 12.0%, way off the 17.6% pace those same 486 firms posted in the first quarter. However, if you exclude the Financial sector, growth is 19.8%, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Morgan Stanley Sells FRN Posted: 22 Aug 2011 10:35 AM PDT On Friday, Morgan Stanley (NYSE:MS) announced the sale of floating rate notes (FRN) valued at 1 billion yen and maturing in August 2016. The company will start the settlement from August 23, 2011. The sale of notes will provide Morgan Stanley with some financial flexibility at this point. Also, the company's initiatives to enhance liquidity will help pursue growth plans smoothly. Earnings Recap In July, Morgan Stanley reported a second-quarter 2011 loss from continuing operations of 38 cents per … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Verizon Workers Resume Work Posted: 22 Aug 2011 10:35 AM PDT The largest U.S. mobile service provider Verizon Communications (NYSE:VZ) will now operate at normal rates after a 14-day strike by 45,000 employees. Two labor unions, represented by Communications Workers of America and International Brotherhood of Electrical Workers, called off their strike as the old contract, which expired on August 6, was extended indefinitely with the prior terms. The striking employees were from the company's wireline division in the Mid-Atlantic and Northeast regions … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

“Question Is Whether Fed Has Political Power To Initiate Another Round Of QE” Posted: 22 Aug 2011 10:20 AM PDT 08/22/11 Sunrise Securities’ Ben Willis discusses today’s action in equities and the upcoming Jackson Hole, Wyoming … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Options Point To Ugly 2011 Finale For JPMorgan Posted: 22 Aug 2011 10:08 AM PDT Options point to ugly 2011 finale for JPMorgan Today's tickers: JPM, BMC, LNCR & PSS (NYSE:JPM) – JPMorgan Chase & Co. – Put butterfly spreads on JPMorgan suggest shares in the banking institution may end the year substantially lower than their current level. The stock fell as much as 2.4% during the first half of the trading session to secure a new 52-week low of $33.54, but some options players appear to be positioning for the stock to drop another 31.0% before the end of 2011. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUXILIO Stands Alone Posted: 22 Aug 2011 10:05 AM PDT Ken Nagy, CFA AUXILIO Stands Alone AUXILIO (AUXO) is the only health care exclusive, vendor neutral Managed Print Services (MPS) firm that provides document production management strategies, services and solutions to hospitals throughout the United States. AUXILIO's continuous workflow improvement solutions enable hospitals and health systems to reduce costs and waste in their operational and clinical functions by managing the process of document production between printing and copying … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Western Union Seals Notes Offering Posted: 22 Aug 2011 10:05 AM PDT The Western Union Co. (NYSE:WU), a leader in global money transfer and payment services, announced that it has closed $400 million debt offering by selling senior notes that carry a coupon interest of 3.65%, maturing in 2018. The net proceeds of approximately $397.9 million from the notes issuance will be used for general corporate purposes including funding a part of Western Union's 5.4% senior unsecured notes that are slated to retire in November 2011. The notes issuance was increased from the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Kirkland’s Posts Loss Posted: 22 Aug 2011 10:05 AM PDT Kirkland's Inc. (NASDAQ:KIRK) reported a second-quarter 2011 loss of 2 cents a share, which lagged the Zacks Consensus Estimate of earnings of 2 cents per share. Earnings were positive at 16 cents a share, a year ago. Quarter in Detail Kirkland's net sales went up marginally by 0.2% year over year to $89.7 million as against $89.5 million in the year-ago quarter. Consolidated comparable store sales declined 8.0% in the quarter compared with an increase of 1.0% in the prior-year quarter. On a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dollar Rebounds, Risk Aversion Rises Posted: 22 Aug 2011 05:00 AM PDT 08/22/11 The US dollar rebounded this afternoon on growing eurozone debt concerns and speculation of QE3 possibly being in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Conoco Bangladesh On Track Posted: 22 Aug 2011 09:35 AM PDT U.S. oil behemoth ConocoPhillips (NYSE:COP) has started preliminary work so as to carry out exploration activities in Bangladesh’s offshore gas field this October. In June, ConocoPhillips inked a 9-year production sharing contract (PSC) with the Bangladesh government and state-run Petrobangla to explore hydrocarbon in the virtually untapped deep waters of the Bay of Bengal. The deal entitles the U.S. integrated giant to explore two blocks, DS-08-10 and DS-08-11, in both of which ConocoPhillips … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

PMI Group Receives Notifications Posted: 22 Aug 2011 09:35 AM PDT The shares of  The PMI Group (NYSE:PMI) have been trading at a price below $1.00 per share since August 1, 2011. As such, the New York Stock Exchange (NYSE) notified the company that it has fallen below the NYSE’s continued listing standard of having a minimum average closing price of $1.00 per share over 30 consecutive trading days. The share price of PMI was $0.30 as of Friday close. It was on July 29 that PMI Group closed trading at $1.00. Per the NYSE rules PMI Group will get six months … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Bulls And Bears Battling Posted: 22 Aug 2011 09:08 AM PDT For the intraday traders,  the support is at 1.4361 where the 100 day MA is found. Get through and the 1.4333 level is the next target where the 200 hour MA is found. On the topside the 1.4382-87 level is where the trendline from the Friday low, the 100 hour MA (blue line in chart),  midpoint of last weeks trading range is all centered.  Move above 1.4387 and intraday shorts will likely look to cover with 1.4400 and 1.4418 (top trendline), the next targets for the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Newell Reiterates To Neutral Posted: 22 Aug 2011 09:05 AM PDT We are maintaining our long-term 'Neutral' recommendation on Newell Rubbermaid Inc. (NYSE:NWL) with a target price of $13.00 per share. Moreover, the company holds a Zacks #3 Rank, implying a short-term ‘Hold’ rating. Newell Rubbermaid is one of the leading manufacturers of home and office products in the U.S. The company also possesses a strong portfolio of well established brands, such as Sharpie, Paper Mate, Dymo, Expo, Waterman, Parker, Irwin, Lenox, Rubbermaid, Levolor, Graco, Calphalon … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Cognizant Doubles BuyBack Posted: 22 Aug 2011 08:50 AM PDT     Cognizant Technologies (NASDAQ:CTSH) recently expanded its existing share repurchase program by $300 million thereby bringing the total authorization under the current repurchase program to $600 million. On May 26, 2011, the Board of Directors authorized the expansion of the company's existing share repurchase program by $150 million, bringing the total authorization under the repurchase program to $300 million. The Board also extended the expiration date for the repurchase … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Hormel Foods Posted: 22 Aug 2011 08:50 AM PDT Hormel Foods Corp. (NYSE:HRL) will be reporting its third-quarter 2011 earnings on Thursday, August 25, 2011. The current Zacks Consensus Estimate for earnings per share (EPS) is 36 cents, representing an annualized growth of 12.70%.   Over the last four quarters, HRL outperformed the Zacks Consensus Estimate three times and matched once.  The average earnings surprise was 15.77%. Second Quarter 2011 Highlights On May 26, Hormel Foods Corporation posted strong results for the second … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Masimo Stays At Neutral Posted: 22 Aug 2011 08:50 AM PDT We maintain our Neutral rating on Masimo (NASDAQ:MASI). Second-quarter fiscal 2011 earnings of 28 cents matched the Zacks Consensus Estimate. Masimo's SET offering may help it become a dominant global player in the pulse oximetry market. The addition of non-invasive parameters is expected to act as a long-term barrier to entry and drive substantial growth. The expanded pulse oximetry utilization into non-critical care areas of hospital represents another growth driver. Shipments have been growing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bond Demand Eases As Dealers Await Jackson Hole Posted: 22 Aug 2011 08:45 AM PDT Bonds were shaken out of bed on Monday morning as dealers adopted a much more upbeat view on the prospects for the global economy in the event that the Federal Reserve decides to take a third stab at stimulating the economy through open market purchases of government bonds. Friday's speech from Chairman at the Fed Ben Bernanke is the week's big event and dealers have already determined that the world economy is so bad and the U.S. economy is so dire that nothing less than a third round of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

PS Business Parks Stays Neutral Posted: 22 Aug 2011 08:35 AM PDT We reiterate our Neutral recommendation on PS Business Parks Inc. (PSB) as we expect the stock to perform in line with the broader market.The company reported second quarter 2011 funds from operations (FFO) of $35.8 million or $1.11 per share compared with $30.7 million or 96 cents per share in the year-earlier quarter. Funds 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 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Intuit Reports Mixed 4Q Posted: 22 Aug 2011 08:35 AM PDT Intuit Inc. (INTU) reported a fourth quarter 2011 adjusted loss of 11 cents per share, wider than the Zacks Consensus Estimate for a loss of 10 cents. Revenue Intuit reported revenues of $593 million in the reported quarter, up 10.4% from $537 million in the prior-year quarter. Reported revenues surpassed management's guidance range of $567.0 million to $587.0 million. Product revenues increased 5.4% year over year to $233.0 million, while Services and Other revenues surged 13.9% from the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Production Hiccup At BP Texas Unit Posted: 22 Aug 2011 08:35 AM PDT London, England-based BP Plc (NYSE:BP) recently reported a breakdown in a gasoline-producing fluidic catalytic cracking (FCC) unit at its 406,570 barrels per day (bpd), Texas City, Texas, refinery. A malfunction at FCC No.1 resulted from the loss of a blower on Saturday morning, halting production at the unit. BP informed about the same to the Texas Commission on Environmental Quality. The unit has been repaired and is currently operating normally. According to the U.S. Energy Information … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Scorecard: Lowe’s Posted: 22 Aug 2011 08:35 AM PDT Lowe's Companies Inc. (NYSE:LOW) recently posted soft second-quarter 2011 results and trimmed its fiscal 2011 projection. Analysts had over a week to ponder on the company's results. In the paragraphs that follow, we cover the recent earnings announcement, subsequent estimate revisions by analysts, as well as the Zacks Rank and long-term recommendation for the stock. Earnings Report Review Lowe's quarterly earnings of 68 cents per share came a penny ahead of the Zacks Consensus Estimate and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Fundy Preview: After Weak Euro-zone 2Q GDP, Flash August PMI’s Can Set Tone For Euro Posted: 22 Aug 2011 08:26 AM PDT Fundamental Release: Euro-zone and German Manufacturing and Services PMIs Time: For German releases: Tuesday, August 23rd @ 3:30AM ET (7:30AM GMT) Fore Euro-zone releases: Tuesday, August 23rd @ 4:00AM ET (8:00AM GMT) Forecast: German Manufacturing PMI:    forecast 51.2, pr. 52.0 German Services PMI:    forecast 52.1, pr. 52.9 Euro-zone Manufacturing PMI:   forecast  49.7, pr. 50.4 Euro-zone Services PMI:    forecast  51.1, pr. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Looks To Test 100 Day MA Now Posted: 22 Aug 2011 08:22 AM PDT The follow through selling off the high in the NY session, has sent the price through the key support outlined in the prior post. The next target against the 100 day MA at the 1.4361 .  A move below that level would trigger some additional selling.  Resistance now comes in against the 1.4381-86 area.The market will be eying if the market can hold resistance against this … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Trims Losses As Risk Appetite Falters Posted: 22 Aug 2011 08:11 AM PDT Forexpros – The U.S. dollar trimmed losses against its major counterparts on Monday, as risk appetite was dented by growing expectations that the Federal Reserve may take fresh measures to bolster the U.S. economy.<br /><br />During U.S. morning trade, the greenback turned higher against the euro, with EUR/USD slipping 0.10% to hit 1.4376.<br />&nbsp;<br />The single currency remained under pressure after German Chancellor Angela Merkel reiterated her opposition to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bon-Ton Lags, Trims Outlook Posted: 22 Aug 2011 08:05 AM PDT Bon-Ton Stores Inc (NASDAQ:BONT) reported a loss of $1.78 per share in the second quarter of 2011, much wider than the Zacks Consensus Estimate of a loss of $1.60, but better than the year-ago quarter loss of $1.91. The year-over-year improvement in the quarter reflects lower expense and a favorable tax benefit. Total revenue of the departmental store chain plummeted 2.2% year over year to $595.5 million in the reported quarter attributable to a 1.5% drop in the same-store sales. To attract … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

New Board Member For Oclaro Posted: 22 Aug 2011 08:05 AM PDT Oclaro, Inc. (OCLR) recently announced that the company appointed veteran Marissa Peterson to its Board of Directors.  Ms. Peterson earlier served California-based Sun Microsystems for 17 years where she was Executive Vice President, Worldwide Operations, Services & Customer Advocacy. She retired from Sun Microsystems Inc.  in 2005. Ms. Peterson currently serves on the board of directors for Ansell Limited, Humana, Quantros and the Lucile Packard Children’s Hospital … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hibbett Tops Estimates, Guides Higher Posted: 22 Aug 2011 08:05 AM PDT Hibbett Sports Inc. (NASDAQ:HIBB) reported second-quarter earnings of 21 cents per share, beating the Zacks Consensus Estimate of 19 cents. Earnings also came in well ahead of the prior-year earnings of 14 cents. The company has reported 8 consecutive quarters of earnings increases. Quarterly Discussion Net sales in the quarter were $153.1 million, up 9.5% from $139.8 million last year. Quarterly sales also beat the Zacks Consensus Estimate of $151.0 million. The high single-digit growth in sales … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Futures Hover Close To 5-month Low Posted: 22 Aug 2011 08:05 AM PDT Forexpros – Natural gas futures were down sharply on Monday, hovering close to a five-month low as moderating weather forecasts in the U.S. and concerns over rising production levels dragged down prices. <br /><br />On the New York Mercantile Exchange, natural gas futures for October delivery traded at USD3.875 per million British thermal units during U.S. morning trade, tumbling 1.55%.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br /><br />It earlier fell as … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Rises On Weak Dollar And Libyan Crude Skepticism Posted: 22 Aug 2011 03:00 AM PDT Crude rises on weak dollar and Libyan crude … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Lowe’s To Buy Back $5 Billion In Common Stock Posted: 22 Aug 2011 08:00 AM PDT 08/22/11 Lowe’s, the nation’s second largest home improvement retailer, announced on Monday that it will be buyng back roughly $5 billion in common … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Word From The Floor: Wall Street Start Higher, Gold Nears $1,900/oz. Posted: 22 Aug 2011 08:00 AM PDT 08/22/11 US stocks started the session in positive territory, amidst a lack of economic data. All eyes remain on the Jackson Hole … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

What’s In The Hole Ben? Posted: 22 Aug 2011 07:56 AM PDT It's going to be a long week with market observers deferring predictions until Fed Chairman Bernanke delivers his Jackson Hole speech on Friday. Between now and then economists and analysts will be trying to second-guess the likelihood and the impact of a third wave of quantitative easing. Optimism developed over the weekend that the Fed would be more likely to come to the rescue than not at this Friday's central bank symposium sponsored by the Kansas City Fed. The meeting presents Ben … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Erases Gains Amid Stimulus Fears Posted: 22 Aug 2011 07:54 AM PDT Forexpros – The pound erased gains against the U.S. dollar on Monday, pulling back from the daily high, amid expectations that the Federal Reserve may indicate that fresh monetary stimulus could be needed to support the U.S. economy.<br /><br />GBP/USD pulled back from 1.6521, the daily high to hit 1.6465 during U.S. morning trade, unchanged over the day.<br /><br />Cable was likely to find support at 1.6347, the low of August 17 and short-term resistance at 1.6564, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Finds No Upside Momentum, So Moves Lower Posted: 22 Aug 2011 07:44 AM PDT The EURUSD tried to push above trendline resistance, could not muster any buying support, so the price turned around and is now trading at NYlows. The price is approaching a key support level versus the 50% of last weeks range at the 1.4387, the 100 hour MA at the 1.4382  and trendline support at 1.4381.  A move below opens up for the sellers to push … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Pares Gains But Remains Well-supported Near Record High Posted: 22 Aug 2011 07:34 AM PDT Forexpros – Gold futures pared gains on Monday, easing off the all-time high as global equities rebounded and some profit-taking emerged, but the precious metal was expected to remain well-supported amid speculation the U.S. economy may require further stimulus.&nbsp; <br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,873.85 a troy ounce during U.S. morning trade, gaining 1.15%.&nbsp;&nbsp;&nbsp; … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Euro Steady Against Dollar In Quiet Trade Posted: 22 Aug 2011 07:28 AM PDT Forexpros – The euro was steady against the U.S. dollar on Monday, trading close to the daily high as risk appetite made a cautious reemergence amid expectations that Federal Reserve Chairman Ben Bernanke may indicate that fresh measures to boost the U.S. economy are planned.<br /><br />EUR/USD hit 1.4434 during U.S. morning trade, the daily high; the pair subsequently consolidated at 1.4414, gaining 0.14%.<br /><br />The pair was likely to find support at 1.4258, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USDCHF Moves Toward The 100 Hour MA And Finds Sellers. Posted: 22 Aug 2011 07:27 AM PDT The USDCHF moved higher on the opening today but quickly moved back to the downside. The low was formed with a double bottom at the 0.7837 level.  A slow move higher ensued moving the price toward the 0.7900 level where the 100 hour MA is found. Traders have come in against the technical level with little to do. I am not sure the will is there to do much. Intraday support should center around the 0.7865-68 level. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Morning Market Brief Posted: 22 Aug 2011 01:15 AM PDT 08/22/11 The latest in news, commentary, and information on what’s moving the US equities markets just prior to NYSE opening bell including: another record high for gold … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Neverending Story Of A “Gold Bubble” Posted: 21 Aug 2011 10:00 PM PDT Gold continued to make headlines last week, reaching nearly $1,900 an ounce on Friday before resting around the $1,850 level. Gold's 15 percent rise to new nominal highs over the past month has rekindled "gold bubble" talk from many pundits. Long-term gold bulls have been forced to listen to these naysayers since gold reached $500 an ounce. If you would have joined their groupthink then, you would've missed gold's roughly 270 percent rise since. That said, gold is due for a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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