DailyMarkets.com - Smith & Nephew Grows Portfolio
DailyMarkets.com - Smith & Nephew Grows Portfolio |
- Smith & Nephew Grows Portfolio
- New Surgical Gloves From Cardinal
- Essex Expands In Washington
- Valeant Pharma Offer Tops Paladin’s
- Hot Option Plays: Sector Rotation
- Ultra Petroleum Stays ‘Neutral’
- Lawsuit Haunts BofA Again
- Forex – AUD/USD Down On U.S. Data
- How We Got To 1.3% Growth, Pt. 2
- Darden Posts In Line, Retains Outlook
- Panera Bread Remains Neutral
- Forex – NZD/USD Down During The U.S. Session
- How We Got To 1.3% Growth, Pt. 1
- Novartis Presents Afinitor Data
- Bristol-Myers Evenly Poised
- “Still In A Fear-based Market”
- Motorola Mobility Unveils 4G XOOM
- Alliant Sees Strong Order Flows
- European Markets Mixed At Close; Dax Up 1.10%
- Forex Trading: EURUSD Tests 200 Hour MA. Looking For Profit Takers To Slow The Move Down
- Forex – GBP/USD Up
- AXIS Enhances Product Offering
- Initial Jobless Claims Plunge
- Investors Sue Gentiva
- Taiwan Central Bank Holds Discount Rate At 1.875%
- Bear Of The Day: Amerisafe, Inc. (AMSF)
- ONEOK Partners Guides Favorably
- Varian’s TrueBeam At ASTRO
- Euro Rises, Dollar Slide On EFSF Extension And Jobless Claims Improvement
- Romania Central Bank Keeps Rate At 6.25%
- Forex – EUR/USD Up At The End Of European Session
- Lesson From An Intraday Creeper Trend Reversal On Divergences
- Forex Trading: AUD/USD Consolidates But Still Bearish
- Forex – EUR/USD Up Toward The End Of European Session
- Crude Rises On EFSF Extension, Jobless Claims Improvement
- Crude Rises On EFSF Extension, Jobless Claims Improvement
- German Parliament Voted To Expand The EFSF, The Troika Travels To Greece, & US Jobless Claims Improve
- Iomart Set To Beat Expectations As Hosting Market Booms
- NZD/USD Down During The U.S. Session
- European Markets Mixed At Close; Dax Up 1.10%
- GBP/USD Up
- EUR/USD Up Toward The End Of European Session
- EUR/USD Up At The End Of European Session
- USD/JPY Up On U.S. Data
| Smith & Nephew Grows Portfolio Posted: 29 Sep 2011 12:15 PM PDT Leading medical devices maker Smith & Nephew (NYSE:SNN) strengthened its Arthroscopy franchise with the launch of Dyonics Platinum Series Shaver Blades.The Dyonics Incisor Plus Platinum 4.5 mm Blade and Dyonics Bonecutter Platinum 5.5 mm blades are the first in the 18-blade family to incorporate the company's Platinum technology.
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| New Surgical Gloves From Cardinal Posted: 29 Sep 2011 12:15 PM PDT Leading distributor of pharmaceuticals and medical supplies Cardinal Health (NYSE:CAH) recently revealed the commercialization of its latest Protexis Latex Hydrogel surgical gloves, which are powder-free, sterile latex surgical gloves with a coating of hydrogel.
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| Posted: 29 Sep 2011 12:05 PM PDT Essex Property Trust, Inc (ESS)., recently announced that it has acquired two apartment communities named as The Bernard and Redmond Hill located in Seattle and Redmond, Washington, respectively.
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| Valeant Pharma Offer Tops Paladin’s Posted: 29 Sep 2011 12:05 PM PDT Canadian drug maker Valeant Pharmaceuticals International, Inc. (NYSE:VRX) recently announced that it has raised its purchase offer for another Canadian company Afexa Life Sciences Inc. which it offered to buy in August 2011. Valeant Pharma has offered to pay $0.85 for each common share of Afexa, 20% more than the originally offered price of $0.71. The takeover price also outdoes Paladin Labs' $0.81 per share bid for Afexa. The increased offer is however subject to certain amendments to support … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Hot Option Plays: Sector Rotation Posted: 29 Sep 2011 11:37 AM PDT Cusick’s Corner
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| Ultra Petroleum Stays ‘Neutral’ Posted: 29 Sep 2011 11:35 AM PDT We have retained our Neutral recommendation on natural gas producer Ultra Petroleum Corp. (UPL).
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| Posted: 29 Sep 2011 11:35 AM PDT Bank of America Corporation (NYSE:BAC) is yet again haunted by the legal complications. BofA is now facing a private lawsuit of $50 billion over its Merrill Lynch acquisition. Though the lawsuit is not new, a judge has allowed shareholders' claims to proceed recently in August.
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| Forex – AUD/USD Down On U.S. Data Posted: 29 Sep 2011 11:15 AM PDT Forexpros – The Australian Dollar was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims. AUD/USD was trading at 0.9718, down 0.63% at time of writing. The pair was likely to find support at 0.9622, Monday's low, and resistance at 0.9986, Tuesday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 391K last week from 428K in the preceding week whose figure was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| How We Got To 1.3% Growth, Pt. 2 Posted: 29 Sep 2011 11:05 AM PDT (This is Part 2 of the “How We Got to 1.3% Growth” article. Part 1 can be found here.) Government Spending Government spending subtracted 0.16 (0.18, 0.23) points to growth in the second quarter, down from a 1.23 (1.20) point drag in the first quarter, and a 0.58 (0.34) point drag in the fourth quarter. I should point out that in the GDP accounts, it is only government consumption and investment that is counted as part of G. Transfer payments, such as Social Security and Medicare, are not … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Darden Posts In Line, Retains Outlook Posted: 29 Sep 2011 11:05 AM PDT Darden Restaurants Inc (NYSE:DRI) posted first quarter 2012 earnings of 78 cents per share, in line with the Zacks Consensus Estimate, but down 3% from the year-ago quarter’s earnings of 80 cents. Hurricane Irene impacted the company's quarterly earnings by 2 cents.
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| Posted: 29 Sep 2011 10:50 AM PDT We remain Neutral on Panera Bread Co. (NASDAQ:PNRA) over the long term, based on second quarter 2011 earnings, the new menu offering and increased positive impact from My Panera loyalty card program. These were partially offset by high unemployment and faltering consumer confidence along with inflated commodity costs.
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| Forex – NZD/USD Down During The U.S. Session Posted: 29 Sep 2011 10:45 AM PDT Forexpros – The New Zealand Dollar was lower against the U.S. Dollar on Thursday after the release of U.S. data on GDP. NZD/USD was trading at 0.7664, down 1.34% at time of writing. The pair was likely to find support at 0.7638, Monday's low, and resistance at 0.7958, Tuesday's high. Earlier in the day, official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 1.3% in the last quarter from 1.0% in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| How We Got To 1.3% Growth, Pt. 1 Posted: 29 Sep 2011 10:30 AM PDT This is essentially the same post as I put up on July 29th when the first cut at the GDP numbers for the second quarter came out. I have put the new, revised figures in bold. The original numbers (first release) are shown in regular font and the second look is in italics in parenthesis immediately after the new numbers. This will allow you to see just where the changes are coming from, as well as the differences from prior quarters. New commentary will also be in bold. The composition of GDP … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Novartis Presents Afinitor Data Posted: 29 Sep 2011 10:30 AM PDT Novartis (NYSE:NVS) announced the presentation of data from a pivotal late stage study (BOLERO-2) which evaluated the use of Afinitor in combination with Pfizer's (NYSE:PFE) Aromasin. The study evaluated postmenopausal women with metastatic breast cancer whose disease has progressed, despite treatment with hormonal therapies, Novartis' Femara or AstraZeneca's (NYSE:AZN) Arimidex.
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| Posted: 29 Sep 2011 10:30 AM PDT We are maintaining our Neutral recommendation on Bristol-Myers Squibb Company (NYSE:BMY) with a target price of $33.00.
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| “Still In A Fear-based Market” Posted: 29 Sep 2011 10:20 AM PDT 09/29/11 Sunrise Securities’ Ben Willis discusses today’s equity market action, Euro zone developments and US economic data. Expectations for the end of the month and quarter are also … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Motorola Mobility Unveils 4G XOOM Posted: 29 Sep 2011 10:05 AM PDT Motorola Mobility Holdings Inc. (MMI) has finally launched its next-generation (4G) Long-Term Evolution (LTE) technology enabled XOOM tablet. This product was launched in mid-February 2011 with Verizon Wireless, a joint venture between Verizon Communications Inc. (NYSE:VZ) and Vodafone Group plc. (NYSE:VOD). Yesterday, Motorola Mobility and Verizon Wireless jointly announced that the existing XOOM owners will be able to upgrade their tablets to 4G LTE from September 29, 2011. The new 4G LTE XOOM … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Alliant Sees Strong Order Flows Posted: 29 Sep 2011 10:05 AM PDT The Integrated Weapon Systems Division of Alliant Techsystems Inc. (NYSE:ATK) has received a contract for producing multiple variants of 20mm PGU-series ammunition. The contract awarded by the U.S. Army is worth over $58.7 million.
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| European Markets Mixed At Close; Dax Up 1.10% Posted: 29 Sep 2011 10:05 AM PDT Forexpros – European stocks were mixed after the closing bell on Thursday. At the close of European trade, Germany's DAX rose 1.10%, London's FTSE 100 shed 0.40%, France's CAC 40 climbed 1.07% and the EURO STOXX 50 was up 1.64%. Earlier in the day, industry data showed that Pending home sales in the U.S. rose unexpectedly to a seasonally adjusted -1.2% last month from -1.3% in the preceding month. Analysts had expected Pending home sales to fall to -2.1% last month. Meanwhile, on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex Trading: EURUSD Tests 200 Hour MA. Looking For Profit Takers To Slow The Move Down Posted: 29 Sep 2011 10:02 AM PDT The EURUSD pushed lower and breached the NY low at the 1.3604 level. The price fall continued uptil the price reached the 200 hour MA at the 1.3576 level. From that point, the profit takers/dip buyers entered and instantly pushed the price back toward the 1.3604 level. A move above this level could solicit additional buying as the days choppiness is fresh in traders minds. For the time being look for sellers against the level with tight stops above (above … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 29 Sep 2011 10:00 AM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims. GBP/USD was trading at 1.5633, up 0.37% at time of writing. The pair was likely to find support at 1.5432, Monday's low, and resistance at 1.5716, today's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 391K last week from 428K in the preceding week whose figure was revised … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| AXIS Enhances Product Offering Posted: 29 Sep 2011 09:35 AM PDT AXIS Global Accident & Health, a unit of AXIS Capital Holdings Limited (NYSE:AXS) inked a deal with red24 to provide the latter’s domestic and international emergency, kidnap consultancy and security services besides its accident and health insurance products, including business travel accident insurance.
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| Posted: 29 Sep 2011 09:15 AM PDT Initial Claims for Unemployment Insurance plunged by 37,000 last week to 391,000. This was far better than the expected level of 419,000. Last week's numbers were revised upwards by 5,000, so one could see it as a decrease of 32,000. Either way, it is still a big and very unexpected drop. Recently, initial jobless claims had seemed stuck once again in a trading range above the 400,000 level, after a brief period lower than that earlier this year. This 391,000 level is the lowest since the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 29 Sep 2011 09:15 AM PDT Investors of Gentiva Health Services Inc. (NASDAQ:GTIV) have filed two federal securities class action lawsuits against the company in a US District Court.
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| Taiwan Central Bank Holds Discount Rate At 1.875% Posted: 29 Sep 2011 09:13 AM PDT The Central Bank of the Republic of China (Taiwan) held its discount rate unchanged at 1.875% and the collateralized loan rate at 2.250% and the unsecured loans rate at 4.125%. Bank Governor, Perng Fai-nan, said: ”A global slowdown and consumer prices stabilizing led to the decision,” and further noted “Taiwan’s imported inflation will cool as global prices ease in the next three months after peaking in the third quarter.” Perng also noted on the recent deterioration … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Bear Of The Day: Amerisafe, Inc. (AMSF) Posted: 29 Sep 2011 09:05 AM PDT Amerisafe, Inc.’s (NASDAQ:AMSF) second-quarter earnings lagged the Zacks Consensus Estimate substantially, due to high underwriting loss and reduced investment income coupled with higher expenses, which significantly deteriorated the combined ratio, operating cash flow and ROE.
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| ONEOK Partners Guides Favorably Posted: 29 Sep 2011 09:05 AM PDT ONEOK Partners L.P. (NYSE:OKS) provided financial forecasts for fiscal 2012. The net income of the partnership for 2012 is expected to be in the range of $740 million to $800 million, an estimated growth of 20% from the current 2011 earnings guidance of $630 million to $660 million.
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| Posted: 29 Sep 2011 09:05 AM PDT Leading integrated radiotherapy systems maker Varian Medical Systems (NYSE:VAR) will be exhibiting the latest enhancements to its TrueBeam radiotherapy and radiosurgery system at the annual meeting of the American Society for Radiation Oncology ("ASTRO"), slated to be held in Miami Beach, Florida, from October 2-4.
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| Euro Rises, Dollar Slide On EFSF Extension And Jobless Claims Improvement Posted: 29 Sep 2011 09:00 AM PDT 09/29/11 The euro has extended its rise against the dollar this afternoon after the German Parliament voted to extend the EFSF and after initial jobless claims improved to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Romania Central Bank Keeps Rate At 6.25% Posted: 29 Sep 2011 09:00 AM PDT The Banca Nationala a Romaniei kept its key monetary policy interest rate unchanged at 6.25%. The Bank said: “Disinflation is expected to continue in the period ahead, so that annual inflation rate will near the target. The faster disinflation while keeping the monetary policy rate unchanged and amid a moderate leu exchange rate volatility translate into a tightening of real broad monetary conditions aimed at supporting the convergence of inflation towards the medium-term … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – EUR/USD Up At The End Of European Session Posted: 29 Sep 2011 09:00 AM PDT Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on GDP. EUR/USD was trading at 1.3638, up 0.71% at time of writing. The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3690, Wednesday's high. Earlier in the day, official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 1.3% in the last quarter from 1.0% in the preceding quarter. Analysts … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Lesson From An Intraday Creeper Trend Reversal On Divergences Posted: 29 Sep 2011 08:55 AM PDT Previously, I explained what a "Creeper Trend" is, how it develops, and – if you're willing to feel uncomfortable – how to trade it (it's not your typical trade set-up).
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| Forex Trading: AUD/USD Consolidates But Still Bearish Posted: 29 Sep 2011 08:46 AM PDT AUD/USD (daily chart) as of Thursday (9/29/2011) has consolidated above key support in the 0.9700 price region. This occurs after price action dropped precipitously from its high just under 1.0800 in the beginning of the month. The month of September has shown a strong and steep bearish trend that has thus far culminated in an attempt to breakdown below 0.9700, but the pair has been unable to make a significant breach as of yet. But downside momentum for AUD/USD does not appear yet to be over. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – EUR/USD Up Toward The End Of European Session Posted: 29 Sep 2011 08:40 AM PDT Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Pending Home Sales. EUR/USD was trading at 1.3641, up 0.73% at time of writing. The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3690, Wednesday's high. Earlier in the day, industry data showed that Pending home sales in the U.S. rose unexpectedly to a seasonally adjusted -1.2% last month from -1.3% in the preceding month. Analysts had expected Pending … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Crude Rises On EFSF Extension, Jobless Claims Improvement Posted: 29 Sep 2011 03:00 AM PDT 09/29/11 Front month crude prices continued to rise this morning as an extension in EFSF funds and an improvement in jobless claims led to a rebound in risk … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Crude Rises On EFSF Extension, Jobless Claims Improvement Posted: 29 Sep 2011 08:00 AM PDT 09/29/11 Front month crude prices continued to rise this morning as an extension in EFSF funds and an improvement in jobless claims led to a rebound in risk … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 29 Sep 2011 01:15 AM PDT 09/29/11 NYFP’s Morning Market Brief: The German Parliament votes in favor of expanding the EFSF, the troika returns to Greece to assess its financial progress, and jobless claims improve in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Iomart Set To Beat Expectations As Hosting Market Booms Posted: 29 Sep 2011 02:21 AM PDT Iomart (LON:IOM), the company that hosts and manages the business-critical IT systems of its clients, is on course to beat market expectations of its financial performance this year. In an update ahead of its interim result, the company said that revenues and profits were so far significantly ahead of the comparative period last year. Iomart is continuing to benefit from the growing trend of organisations seeking to reduce both operational risk and IT costs by moving their mission critical … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| NZD/USD Down During The U.S. Session Posted: 29 Sep 2011 12:03 AM PDT By ForexMansion.com
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| European Markets Mixed At Close; Dax Up 1.10% Posted: 28 Sep 2011 11:32 PM PDT By ForexMansion.com
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| Posted: 28 Sep 2011 11:03 PM PDT By ForexMansion.com
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| EUR/USD Up Toward The End Of European Session Posted: 28 Sep 2011 10:02 PM PDT By ForexMansion.com
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| EUR/USD Up At The End Of European Session Posted: 28 Sep 2011 10:02 PM PDT By ForexMansion.com
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| Posted: 28 Sep 2011 09:33 PM PDT By ForexMansion.com
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