DailyMarkets.com - Tower Group Reiterated At Underperform

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• Tower Group Reiterated At Underperform
• Lockheed To Serve The U.S. Navy
• Southern Union Beats, Upholds View
• Sara Lee Sells Dough To Ralcorp
• Earnings Scorecard Boston Properties
• SunPower Beats Estimates
• Norges Bank Keeps Interest Rate At 2.25%
• FedEx Raises Freight Rates
• Dividends Grow, Coupons Don’t
• Royal Caribbean Cruises Downgraded
• “Market…like Cat On A Hot Tin Roof”
• Forex – NZD/USD Down During The U.S. Session
• Bulls Shake Off Disney Doldrums, Position For Brighter Days Ahead
• Bulls Shake Off Disney Doldrums, Position For Brighter Days Ahead
• TDS Outperforms, Guides Favorably
• Nelnet Beats Estimate
• MBIA Lags On Lower Derivative Gains
• ReneSola Falls Short Of Estimates
• Invesco’s July AUM Inches Down
• TransDigm Beats By A Cent
• European Markets Close Lower; Dax Down 5.13%
• Earnings Preview: DeVry Inc.
• Myriad Beats, Guides In Line
• RLI Corp. Upgraded
• Endo Pharma Beats On Sales, Guides Up
• Earnings Preview: Kohl’s Corp.
• ON Semi Misses On Japan Issues
• Wonder-drugged Bears Emerge From Three-year Torpor
• Aggressive Growth Stock: Team, Inc.
• Polo Beats On Strong Sales
• Macy’s Beats, Ups Outlook
• Disney Outshines Amid Turmoil
• Isis Pharma Narrows Loss
• BioScrip’s EPS Beats, Revs In Line
• UDR Eyes Manhattan Assets
• Enterprise Products: Record 2Q
• StanCorp Financial Downgraded
• It’s All About……the Dollar
• ITW’s Rating Down To Neutral
• McDermott Secures Shell Deal
• NZD/USD In A Bearish Continuation After An ABC Correction
• Forex – Dollar Rallies, Euro Tumbles On French Downgrade Fears
• 11 Unit Order To Drive 35%+ Sequential Revenue Growth
• FTI Posts Strong, Guidance Stays
• 2Q Comps Rise At Jamba
• Xerox Expands In Italy
• Scientific Games Beats 2Q Estimates
• Natural Gas Futures Rise To 4-day High On Warm U.S. Forecast
• Word From The Floor: US Stocks Slide, Dow Plunges 400 Points
• Gold Rallies To Fresh Record High, Tops USD1,780 An Ounce
• Demand Media Survives Panda Attack
• Crude Oil Futures Pare Sharp Losses After U.S. Inventory Data
• Forex – GBP/USD Hits 3-week Low On BoE Inflation Report, EU Fears
• Crude Rallies On Fed Rate Pledge
• Forex – EUR/USD Tumbles On French Downgrade Fears
• Investors Misread The Fed

Tower Group Reiterated At Underperform Posted: 10 Aug 2011 12:04 PM PDT We are reiterating our Underperform recommendation on the shares of Tower Group Inc. (NASDAQ:TWGP) following second quarter results which reported earnings of 63 cents missing the Zacks Consensus Estimate by a penny. Lower-than-expected results came on the back of huge catastrophe charges, partly mitigated by higher revenues and a lower share count due to share buybacks. After-tax losses from these events amounted to $4.6 million or 11 cents per share. Notably, the company did not incur any … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Lockheed To Serve The U.S. Navy Posted: 10 Aug 2011 12:04 PM PDT Defense contractor Lockheed Martin Corporation (NYSE:LMT) has received a contract from the Naval Air Systems Command (NAVAIR) to provide maintenance services for the Tactical Tomahawk Weapons Control System (TTWCS), one of the three major components that comprise the Tomahawk Weapons System. Additionally, as part of the latest contract, Lockheed Martin will also provide the software development, systems engineering, software and hardware deployment support needed to upgrade TTWCS. The latest … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Southern Union Beats, Upholds View Posted: 10 Aug 2011 12:04 PM PDT Southern Union Company (NYSE:SUG) reported second quarter 2011 adjusted earnings of 41 cents per share, a penny ahead of the Zacks Consensus Estimate as well as the prior-year figure. Including one time-items of 6 cents, the company reported a GAAP EPS of 47 cents in the quarter compared with 55 cents in second quarter 2010. Operating Statistics Revenue in the quarter totaled $631.6 million, up from the Zacks Consensus Estimate of $554 million as well the prior-year top-line figure of $573.1 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Sara Lee Sells Dough To Ralcorp Posted: 10 Aug 2011 12:04 PM PDT Sara Lee Corp. (NYSE:SLE), one of the world's leaders in manufacturing and marketing of a range of branded packaged meat, bakery, and beverage products is shedding off its North American refrigerated dough business to Ralcorp Holdings Inc (NYSE:RAH), for approximately $545 million. The two retail giants are expected to ink the deal by the end of calendar year 2012. The North American dough business offers a wide range of private brand products, comprising of basic and specialty biscuits, crescent … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Scorecard Boston Properties Posted: 10 Aug 2011 11:35 AM PDT Boston Properties Inc. (NYSE:BXP), a leading real estate investment trust (REIT), reported fiscal 2011 second quarter funds from operations (FFO) of $1.23 per share, which well exceeded the Zacks Consensus Estimate by 5 cents. 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. We cover below the results of the recent earnings announcement, as well as the subsequent analyst … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

SunPower Beats Estimates Posted: 10 Aug 2011 11:35 AM PDT SunPower Corporation's (SPWRA) second quarter 2011 adjusted loss per share came in at 32 cents beating the Zacks Consensus Estimate of a loss of 33 cents. However, earnings were below the year-ago earnings of 3 cents per share. On a reported basis the company posted a loss of $1.51 per share versus a loss of 7 cents in the year-ago quarter. In the second quarter of 2011, the variation of $1.19 per share between reported and adjusted earnings came from loss on change in European government … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Norges Bank Keeps Interest Rate At 2.25% Posted: 10 Aug 2011 11:04 AM PDT Norway’s central bank, Norges Bank, maintained its key policy rate at 2.25%, and signaled further rate increases.  The Norges Bank Governor, Øystein Olsen, said: ”The decision must especially be seen against the background of the recent flare-up in financial market turbulence and clear signs of weaker growth internationally,”… and ”An overall assessment of the outlook and the balance of risk suggests that the key policy rate be left unchanged at this … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

FedEx Raises Freight Rates Posted: 10 Aug 2011 11:02 AM PDT The world's largest package delivery company, FedEx Corporation (NYSE:FDX) has increased its freight rates by 6.75% on shipments covered under FXF 1000 and FXF 501 series base rates. The increased rates will be effective September 6, in the U.S., Canada and Mexico. The rate hike comes close on the heels of the 6.9% freight rate increase by its peer, United Parcel Services (NYSE:UPS) on non-contractual shipments to the U.S., Canada and Mexico. FedEx’ Freight segment returned to profits in the latest … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dividends Grow, Coupons Don’t Posted: 10 Aug 2011 11:02 AM PDT Yesterday I wrote a post on stocks with high and rising dividends, but the emphasis was mostly on high dividends. Today I want to change the parameters a bit to focus more on rising dividends. Some of the same companies show up on both lists. I don't know if this is the bottom of the market yet; there are lots of big macroeconomic headwinds. I do know that fixed income is not a good place to find a decent income these days. While I don't see inflation as being a major problem today — or … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Royal Caribbean Cruises Downgraded Posted: 10 Aug 2011 11:02 AM PDT We recently downgraded our rating on Miami-based Royal Caribbean Cruises Ltd. (NYSE:RCL) from Neutral to Underperform. The second largest cruise company in the cruise vacation industry was downgraded on a host of factors including the cut in full-year earnings per share (EPS) guidance, lingering geopolitical risks in the eastern Mediterranean region, the strengthening of the U.S. Dollar and rising inflation. Royal Caribbean generates about 50% of its revenue from customers outside the U.S., and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

“Market…like Cat On A Hot Tin Roof” Posted: 10 Aug 2011 10:51 AM PDT 08/10/11 Sunrise Securities’ Ben Willis weighs in on market volatility and today’s decline in shares of French … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Down During The U.S. Session Posted: 10 Aug 2011 10:45 AM PDT Forexpros – The New Zealand Dollar was lower against the U.S. Dollar on Wednesday.<br/><br/> NZD/USD was trading at 0.8168, down 2.48% at time of writing.<br/><br/> The pair was likely to find support at 0.7966, Tuesday&rsquo;s low, and resistance at 0.8466, Friday&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 1.39% to hit 1.2539 and EUR/NZD rising 1.26% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bulls Shake Off Disney Doldrums, Position For Brighter Days Ahead Posted: 10 Aug 2011 10:40 AM PDT Bulls shake off Disney doldrums, position for brighter days ahead Today's tickers: DIS, UBS, TEVA & PAYX (NYSE:DIS) – The Walt Disney Co. – The largest operator of theme parks is a far cry from the happiest place on Earth for investors in Disney today as shares realized their biggest intraday decline since September 2001. The company reported better-than-expected earnings after the closing bell on Tuesday, but the subsequent pop in DIS shares disappeared in the blink of an eye as investors … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bulls Shake Off Disney Doldrums, Position For Brighter Days Ahead Posted: 10 Aug 2011 10:37 AM PDT Bulls shake off Disney doldrums, position for brighter days ahead Today's tickers: DIS, UBS, TEVA & PAYX (NYSE:DIS) – The Walt Disney Co. – The largest operator of theme parks is a far cry from the happiest place on Earth for investors in Disney today as shares realized their biggest intraday decline since September 2001. The company reported better-than-expected earnings after the closing bell on Tuesday, but the subsequent pop in DIS shares disappeared in the blink of an eye as investors … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

TDS Outperforms, Guides Favorably Posted: 10 Aug 2011 10:35 AM PDT Telephone and Data Systems (NYSE:TDS) has reported second quarter earnings of 87 cents per share, strongly outpacing the Zacks Consensus Estimate of 34 cents. Results jumped 129% from 38 cents per share earned in the year-earlier quarter. The outstanding performance were driven by strong inbound roaming revenue and cost reduction initiatives. Revenues increased 4% year over year to $1,279.6 million in the reported quarter and strode past the Zacks Consensus Estimate of $1,266 million. Adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Nelnet Beats Estimate Posted: 10 Aug 2011 10:10 AM PDT Nelnet Inc. (NYSE:NNI) reported second quarter 2011 earnings per share of $1.04, two cents ahead of the Zacks Consensus Estimate but down from $1.17 per share recorded in the prior-year quarter. Nelnet's results reflected the benefits from the diversification of revenue through fee-based businesses. Provisions for loan losses as well as expenses also dropped during the quarter. However, a fall in interest income and other income was the downside. On a GAAP basis, Nelnet's second quarter net … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

MBIA Lags On Lower Derivative Gains Posted: 10 Aug 2011 10:02 AM PDT MBIA Inc. (NYSE:MBI) reported second quarter 2011 net income of 68 cents per share, way behind $6.32 per share recorded in the prior-year quarter. The year-over-year deterioration was brought about by a massive decline in gain in insured credit derivatives. Total revenue of $98 million plummeted 95% year over year. The significant drop in consolidated revenues principally reflected $75 million of insured credit losses in contrast with $1.5 billion of insured credit gain in the year-ago … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ReneSola Falls Short Of Estimates Posted: 10 Aug 2011 10:02 AM PDT In the backdrop of European solar subsidy cuts ReneSola Ltd. (NYSE:SOL) in the second quarter of 2011 clocked adjusted Earnings Per American Depositary Share (EPADS) of 5 cents per share, falling short of the Zacks Consensus Estimate of 15 cents and the year-ago quarterly earnings of 42 cents. Receding subsidies have affected demand and created an oversupply in the industry. As a result, wafer and module prices have undergone a big crash. On a reported basis the company posted earnings of 2 cents … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Invesco’s July AUM Inches Down Posted: 10 Aug 2011 10:02 AM PDT On Tuesday, Invesco Ltd. (NYSE:IVZ) announced its monthly performance report for July 2011. As per the report, Invesco recorded preliminary assets under management (AUM) of $652.8 billion at the end of July, slipping 0.1% from $653.7 billion at the end of June 2011. The AUM fell primarily due to a drop in Institutional money market and the effects of negative market returns. However, foreign exchange increased AUM by $3.2 billion during the month under review. Invesco's preliminary AUM, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

TransDigm Beats By A Cent Posted: 10 Aug 2011 10:02 AM PDT TransDigm Group Incorporated (NYSE:TDG) reported third-quarter fiscal 2011 earnings per share from continuing operations of $1.01, above the Zacks Consensus Estimate by 1 cent and prior-year earnings of 83 cents. TransDigm's income in the quarter was negatively affected by acquisition-related expenses of $4.3 million and higher interest expense related to the refinancing of the company’s debt structure in the first quarter of fiscal 2011. Revenue Net sales were $325.2 million, an rise of 51.8% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Markets Close Lower; Dax Down 5.13% Posted: 10 Aug 2011 09:55 AM PDT Forexpros – European stocks were down after the closing bell on Wednesday.<br/><br/> At the close of European trade, Germany&rsquo;s DAX fell 5.13%, London&rsquo;s FTSE 100 shed 3.19%, France&rsquo;s CAC 40 declined 5.45% and the EURO STOXX 50 was down 6.12%.<br/><br/> Meanwhile, on Wall Street, equity markets were down after the open. The Dow Jones Industrial Average was down 3.24%; the S&P 500 index shed 2.95%, while the Nasdaq 100 index declined … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: DeVry Inc. Posted: 10 Aug 2011 09:35 AM PDT DeVry Inc. (NYSE:DV), one of the world's leading providers of educational services, is scheduled to report its fourth-quarter 2011 financial results on Thursday, August 11, 2011. The current Zacks Consensus Estimate for the quarter is pegged at $1.03 a share. The Zacks Consensus Estimate projects $546 million revenues for the quarter. Third Quarter 2011 Recap DeVry, which faces stiff competition from Apollo Group Inc. (NASDAQ:APOL) and Education Management Corporation (EDMC), revealed strong … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Myriad Beats, Guides In Line Posted: 10 Aug 2011 09:35 AM PDT Myriad Genetics (NASDAQ:MYGN) reported an EPS of 30 cents for the fourth quarter of fiscal 2011, beating the Zacks Consensus Estimate of 28 cents, but lower than the year-ago quarter's adjusted EPS of 39 cents (after taking into account a one-time income tax benefit of $11.5 million). For fiscal 2011, the EPS came in at $1.10, surpassing the Zacks Consensus Estimate by a penny, although lower than the previous year's adjusted EPS of $1.41. Revenues were $107.4 million, up 14% compared with the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

RLI Corp. Upgraded Posted: 10 Aug 2011 09:35 AM PDT We are upgrading our recommendation on RLI Corp. (NYSE:RLI) to Outperform from Neutral on the back of strong second quarter results. The company posted a solid quarter, beating the Zacks Consensus Estimate substantially on the heels of lower expenses and better performance at the Casualty and Surety segment.  RLI Corp. continues to deliver consistent underwriting profit and remain focused on enhancing shareholders’ value. RLI has generated underwriting profits in 30 of the last 34 years, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Endo Pharma Beats On Sales, Guides Up Posted: 10 Aug 2011 09:35 AM PDT Endo Pharmaceuticals' (NASDAQ:ENDP) second quarter 2011 earnings (excluding special items) of $1.05 per share, surpassed the year-ago earnings by $0.24. Earnings, however, fell short of the Zacks Consensus Estimate by a penny. The year-over-year rise in earnings was attributable to a surge in revenues. Quarter in Details Revenues climbed 53% to $607.6 million in the reported quarter. The revenue increase was attributable to impressive performances across all segments at Endo Pharma. Revenues … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Kohl’s Corp. Posted: 10 Aug 2011 09:35 AM PDT Kohl's Corp. (NYSE:KSS) is scheduled to announce its second quarter 2011 results on August 11, 2011, and we see limited revisions in analyst estimates at this point.  Currently, the Zacks Consensus Estimates for earnings and sales are $1.08 per share and around $4,266 million, respectively. First Quarter Overview Kohl’s reported better- than- expected results for the first quarter of 2011 back on May 12. Earnings per share came in at 73 cents, a penny above the Zacks Consensus Estimate. It … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ON Semi Misses On Japan Issues Posted: 10 Aug 2011 09:35 AM PDT ON Semiconductor (NASDAQ:ONNN) reported second quarter earnings that missed the Zacks Consensus Estimate by 3 cents. Despite higher revenue, ON Semi saw lower margins and a higher tax rate that impacted results. Management stated that the impact of the Japan tsunami had a worse-than-expected impact on the gross margin and that utilization post the disaster dropped 30% in Japan. Revenue ON Semi reported revenue of $905.8 million, of which $271.7 million came from the newly acquired SANYO … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Wonder-drugged Bears Emerge From Three-year Torpor Posted: 10 Aug 2011 09:24 AM PDT More fears gripped investors on Wednesday as a second-look at the tone of the message from the FOMC the day before raised doubts over the economic recovery. Some suggest that the next stop will be a recession that central bankers appear powerless to prevent. A slide in French banking stocks amid wild rumors over the possible insolvency of a big name also boosted the appeal of government debt around the world, dragging financial shares lower on the way. Investors can't be blamed in this … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Team, Inc. Posted: 10 Aug 2011 09:03 AM PDT Team, Inc. (NASDAQ:TISI) is coming off of a record setting quarter and year. Growth rates just keep getting better and thanks to the recent market downturn, shares are priced at a discount. TISI is currently a Zacks #1 Rank (Strong Buy) and has some serious potential. Company Description Team, Inc. provides industrial services for high-temperature and high-pressure piping systems and vessels. Most customers are in the refining, pipeline and other heavy industrial industries. Beat the Street On Jul … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Polo Beats On Strong Sales Posted: 10 Aug 2011 09:03 AM PDT Polo Ralph Lauren Corp.’s (NYSE:RL) fiscal 2012 first-quarter earnings surged 57% to $1.90 per share from $1.21 in the year-ago period, as higher sales and strong gross margin drove performance. Quarterly earnings also surpassed the Zacks Consensus Estimate of $1.45. Quarterly Details During the quarter, Polo Ralph Lauren’s net revenues climbed 32.4% to $1,526.4 million, outpacing the Zacks Consensus Estimate of $1,414.0 million. The growth was primarily driven by an increase of 28.7% in Wholesale … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Macy’s Beats, Ups Outlook Posted: 10 Aug 2011 09:03 AM PDT Macy's Inc. (NYSE:M), one of the leading department store retailers in the United States, recently posted second-quarter 2011 results that beat the Zacks' expectations on the heels of healthy sales, improved operating margin and effective cost management, thereby sending shares up $0.36 or 1.4% to $25.80 in pre-market trading. Consequently, the company raised its full year outlook. The quarterly earnings of 55 cents a share outperformed the Zacks Consensus Estimate of 47 cents, and jumped … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Disney Outshines Amid Turmoil Posted: 10 Aug 2011 09:03 AM PDT Strong performance of the Media Networks and Parks and Resorts divisions facilitated The Walt Disney Company (NYSE:DIS) to deliver better-than-expected third-quarter 2011 results that outshined the Zacks expectations. The quarterly earnings of 78 cents a share came ahead of the Zacks Consensus Estimate of 73 cents and jumped 16% from 67 cents earned in the prior-year quarter. However, on a reported basis, including one-time items, quarterly earnings came in at 77 cents per share. Total revenue in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Isis Pharma Narrows Loss Posted: 10 Aug 2011 09:03 AM PDT Isis Pharmaceuticals Inc. (NASDAQ:ISIS) reported a net loss of 18 cents per share in the second quarter of 2011, well below the year-ago loss of 25 cents and the Zacks Consensus loss Estimate of 21 cents. Revenues came in at $24.8 million, in-line with the Zacks Consensus Estimate. Lower operating expenses led to the narrower second quarter 2011 loss. Quarter in Detail Revenues, which include license fees, milestone-related payments and other payments, increased 5.5% from the year-ago period during … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BioScrip’s EPS Beats, Revs In Line Posted: 10 Aug 2011 09:03 AM PDT Specialty pharmacy services provider, BioScrip Inc. (NASDAQ:BIOS) reported a loss of 4 cents per share in the second quarter of fiscal 2011 compared with the year-ago quarter EPS of 6 cents. However, after deducting the impact of restructuring charges and legal settlement cost, adjusted EPS came in at 10 cents during the quarter, surpassing the Zacks Consensus Estimate of 6 cents. BioScrip operates through two segments – Infusion and Home Health Services and Pharmacy Services. Total revenue in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

UDR Eyes Manhattan Assets Posted: 10 Aug 2011 09:03 AM PDT UDR Inc. (UDR) recently entered into an agreement to purchase a 507-home upscale apartment community, Dwell 95, in downtown Manhattan for $325 million. The acquisition is a part of the company's strategy to expand its presence in the New York market. The acquisition will be funded through the issuance of $50 million of operating partnership units (with a floor price of $25 per unit) and $275 million in cash, partially funded through the proceeds from the disposition of non-profitable … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Enterprise Products: Record 2Q Posted: 10 Aug 2011 09:03 AM PDT Enterprise Products Partners LP (NYSE:EPD) reported record second quarter 2011 results, fueled by natural gas, natural gas liquid (NGL) and crude oil production growth in the shale regions as well as strong demand for NGLs in the U.S. petrochemical industry and international markets. Earnings per limited unit of 51 cents surpassed the Zacks Consensus Estimate of 47 cents and grew a whopping 96% from 26 cents earnings a year ago. Quarterly distribution at Enterprise increased 5.2% year over year to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

StanCorp Financial Downgraded Posted: 10 Aug 2011 09:03 AM PDT We are downgrading the recommendation on StanCorp Financial Group Inc. (NYSE:SFG) to Underperform from Neutral on the back of second quarter results.The quarter experienced higher level of claims incidence in the Insurance Services segment driving less favorable claims experience.  The company’s second quarter operating earnings are way behind the Zacks Consensus Estimate as well as year ago earnings. StanCorp is facing a slowdown in top-line growth, constrained by economic and competitive … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

It’s All About……the Dollar Posted: 10 Aug 2011 08:41 AM PDT This will be a brief post about what appears to me to be the issue of the day – the US Dollar. I snapped this chart of the US Dollar about an hour ago, noticing it appeared poised to break out.  Since this chart was made, the US Dollar has broken reather decisively through the overhead downtrend line on price and trying very hard to get up through the 200 period moving average on this 4 hour chart. Meanwhile, a rising dollar is not good for the stock market, as this 4 hour chart of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ITW’s Rating Down To Neutral Posted: 10 Aug 2011 08:35 AM PDT We recently downgraded our recommendation on Illinois Tool Works Inc. (NYSE:ITW) from Outperform to a Neutral recommendation. The industrial tools manufacturer recently reported its second quarter financial results with earnings per share of 96 cents and operating revenue of $4,615 million, up 21.5% and 17.5% year over year, respectively. Despite the fact that the company has performed well in comparison with the year-ago quarter, we restrict our sentiments for the stock as the results are found … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

McDermott Secures Shell Deal Posted: 10 Aug 2011 08:35 AM PDT A unit of McDermott International (NYSE:MDR) has won a contract from Royal Dutch Shell plc (RDS.A) to build a West Delta 143 “C” deck, jacket, piles, and bridge in the Gulf of Mexico. Although the financial terms of the deal were not disclosed, it will be included in McDermott's third quarter 2011 booking. This construction forms a part of Shell's Mars B Development involving Olympus Tension Leg Platform, West Boreas and South Deimos subsea development and the West Delta 143 “C” Jacket and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD In A Bearish Continuation After An ABC Correction Posted: 10 Aug 2011 08:33 AM PDT Prev: NZD/USD in a 5-wave Decline; 0.8120 Targeted Below 0.83 (8/8) NZD/USD Negative Reversal and Bearish Targets- The NZD/USD seen in the 4H chart has respected a declining trendline, which coincided with the 50% retracement level and the 200SMA. - This also completed an abc pattern, which invites harmonic retracement traders to go short. - A negative reversal is provided when the RSI high is higher, but the price high is lower. - A swing projection from this signal targets 0.79. - … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Rallies, Euro Tumbles On French Downgrade Fears Posted: 10 Aug 2011 08:26 AM PDT Forexpros – The U.S. dollar advanced against most of its major counterparts on Wednesday, while the euro plunged as mounting fears over a French sovereign debt downgrade weighed on the single currency and saw risk aversion sharpen.<br /><br />During U.S. morning trade, the greenback was up sharply against the euro, with EUR/USD tumbling 1.35% to hit 1.4180.<br /><br />French President Nicolas Sarkozy met with Bank of France Governor Christian Noyer earlier in the day, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

11 Unit Order To Drive 35%+ Sequential Revenue Growth Posted: 10 Aug 2011 08:20 AM PDT Steven Ralston, CFA 11 unit order to drive 35%+ sequential revenue growth Today, XZERES (XPWR) announced that it has received a Letter of Intent for a $3.2 million turbine order from a customer in Vietnam. After the successful completion of a pilot program of a single unit for three months, the customer has decided to move forward. Other wind power companies have pursued this opportunity and failed. However, due to the high level of service and the quality of the 442SR 10-kilowatt wind system, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

FTI Posts Strong, Guidance Stays Posted: 10 Aug 2011 08:20 AM PDT FTI Consulting Inc.'s (NYSE:FCN) second quarter 2011 adjusted earnings of 64 cents per share were well above the Zacks Consensus Estimate of 57 cents and the year-ago performance of 52 cents per share. Reported earnings, however, exclude the special charge of 24 cents.  Total revenue in the reported quarter increased 15% year over year to $400.4 million, outpacing the Zacks Consensus Estimate of $383.0 million. Notably, the company generated the highest quarterly revenue in its history … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

2Q Comps Rise At Jamba Posted: 10 Aug 2011 08:20 AM PDT Jamba Inc. (NASDAQ:JMBA), the leading restaurant retailer of food and beverage offerings, recently reported its second quarter 2011 preliminary comparable store sales results. The Emeryville, California-based company posted system-wide comparable sales growth of 2.9% in the second quarter of 2011, driven by innovative menu offerings and marketing initiatives. Jamba witnessed positive company-owned comparable store sales for the third consecutive quarter since 2007. Comps at company-owned restaurants … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Xerox Expands In Italy Posted: 10 Aug 2011 08:20 AM PDT Xerox Corp. (NYSE:XRX) recently announced that one of its fully owned subsidiaries, ACS, has acquired the call center and business process services assets of Italy-based Innova Consulting. The assets comprise a 180-person call center and business process capability in the city of Cagliari on the island of Sardinia. The new acquisition is a part of the company's strategy to expand its footprint in Europe thereby, enhancing its global capabilities. The deal will improve ACS' customer care … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Scientific Games Beats 2Q Estimates Posted: 10 Aug 2011 08:20 AM PDT Scientific Games Corp.(NASDAQ:SGMS) reported second quarter 2011 earnings per share of 12 cents, comprehensively beating the Zacks Consensus Estimate of 4 cents. However, earnings in the reported quarter were significantly below the year-ago earnings of 19 cents per share. Operating Performance Operating income (including stock-based compensation) in the quarter was $28.9 million compared with $5.0 million in the year-earlier quarter. Selling, General and Administrative expense (SG&A), increased … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Futures Rise To 4-day High On Warm U.S. Forecast Posted: 10 Aug 2011 08:17 AM PDT Forexpros – Natural gas futures were up for a third day on Wednesday, climbing above the psychologically important USD4 level as weather forecasts showed that warmer-than-normal weather was forecast to return to the U.S. next week, boosting demand expectations for the fuel.<br /><br />On the New York Mercantile Exchange, natural gas futures for September delivery traded at USD4.069 per million British thermal units during U.S. morning trade, climbing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Word From The Floor: US Stocks Slide, Dow Plunges 400 Points Posted: 10 Aug 2011 08:00 AM PDT 08/10/11 Wall Street reversed course and tumbled into negative territory. Global debt concerns, especially France’s credit rating weighed on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Rallies To Fresh Record High, Tops USD1,780 An Ounce Posted: 10 Aug 2011 07:59 AM PDT Forexpros – Gold futures climbed to a record high for the third consecutive day on Wednesday, amid fears over a French sovereign debt downgrade and after the Federal Reserve pledged to keep rates at ultra-low levels &ldquo;at least&rdquo; through mid-2013.&nbsp; <br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,775.45 a troy ounce during U.S. morning trade, soaring 2.2%.&nbsp;&nbsp; <br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Demand Media Survives Panda Attack Posted: 10 Aug 2011 07:54 AM PDT I write as an independent contractor for the Demand Media Studios portion of Demand Media. Starting in April, Google made several significant algorithm changes aimed at reducing the search rankings of Internet content considered to be of lower quality. Many viewed this as an attack on the search results of the content companies like Demand Media. Yesterday, Aug. 9, Demand Media (DMD: 10.08 +1.10 +12.25%) released their earnings report for the second quarter.  These notes primarily concern … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Futures Pare Sharp Losses After U.S. Inventory Data Posted: 10 Aug 2011 07:45 AM PDT Forexpros – Crude oil futures pared sharp losses on Wednesday, pulling back from the daily low after a government report showed that U.S. crude oil and gasoline inventories declined last week, easing concerns over a slowdown in demand from the world&rsquo;s largest oil consumer.<br /><br />On the New York Mercantile Exchange, light sweet crude futures for delivery in September traded at USD80.78 a barrel during U.S. morning trade, shedding 0.63%.&nbsp; <br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Hits 3-week Low On BoE Inflation Report, EU Fears Posted: 10 Aug 2011 07:33 AM PDT Forexpros – The pound was down sharply against the U.S. dollar on Wednesday, sinking to a three-week low after the Bank of England lowered its forecast for growth and inflation, while fresh fears over a French sovereign debt downgrade saw risk aversion sharpen.<br /><br />GBP/USD hit 1.6160 during U.S. morning trade, the lowest since July 21; the pair subsequently consolidated at 1.6175, dropping 0.83%.<br /><br />Cable was likely to find support at 1.6068, the low of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Rallies On Fed Rate Pledge Posted: 10 Aug 2011 02:30 AM PDT 08/10/11 Front month crude prices rallied in the morning, rising more than $2 following yesterdays Fed pledge to keep interest rates near record lows until at least the middle of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Tumbles On French Downgrade Fears Posted: 10 Aug 2011 07:24 AM PDT Forexpros – The euro tumbled against the U.S. dollar on Wednesday, extending earlier losses amid mounting fears France&rsquo;s sovereign debt rating could be downgraded, adding to concerns over the region&rsquo;s ongoing debt crisis.<br /><br />EUR/USD hit 1.4162 during U.S. morning trade, the daily low; the pair subsequently consolidated at 1.4169, tumbling 1.42%.<br /><br />The pair was likely to find support at 1.4054, the low of August 5 and a two-week low … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Investors Misread The Fed Posted: 10 Aug 2011 06:59 AM PDT For hours and hours I scratched my head trying to understand what I might have missed in the FOMC statement that created an orgy of lust within the equity market. Minus a few hairs this morning, my conclusion remains the same: Nothing. The equity market's strongest rally in several years is about as misplaced as had parents thrown a celebratory party for an eighth-grader after hearing their child would spend the next two years at the same grade level. The need to spell out the fact that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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