Tuesday, October 25, 2011

DailyMarkets.com - CitiBusiness Credit Card Review – Get $100 Gift Card

DailyMarkets.com - CitiBusiness Credit Card Review – Get $100 Gift Card

CitiBusiness Credit Card Review – Get $100 Gift Card

Posted: 25 Oct 2011 07:34 AM PDT

The CitiBusiness Credit Card is a business credit card that rewards you with points for every dollar you spend on purchases. This card, issued by Citi (NYSE:C), will help business owners earn rewards when making their regular business and office purchases. I especially like this card because it offers a signing bonus of 10,000 points, as well as a 0% introductory APR on purchases.

To help you decide if this card would be good for your business, I have put together a list of the main benefits … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: GBPUSD Testing Support Area Intraday

Posted: 25 Oct 2011 06:33 AM PDT

Like the EURUSD, the GBPUSD has a narrow range today. It also has had a up and down formation today (covering the entire range) which is also an indication the bulls and bears are unsure at this level.   The combination suggets there should be a break to the upside or the downside at some point today.
The pair is currently looking to test the 100 and 200 bar MA at the 1.5990 area.  A move below this area gives the bears an edge for a downside test of the lows. If the level … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Market To Lift From Positive Earnings?

Posted: 25 Oct 2011 06:16 AM PDT

The market will likely get a lift from a number of positive earnings announcements today, even as it waits for the European deal on Wednesday. Stocks did not take a negative view of the inconclusive weekend Euro-zone summit, but it may not be as charitable if faced with another delay.

The market appears to have priced in some sort of a viable European plan and fresh doubts on that front will likely put a stop to the current market rally. Stocks have made impressive gains this month, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Actelion Tops, Currency Plays Spoil

Posted: 25 Oct 2011 06:16 AM PDT

European biotechnology company Actelion Ltd. (ALIOF) reported third quarter earnings of 83 cents per American Depository Receipt (ADR), down 2% over prior-year earnings of 84 cents per ADR. Earnings were however above the Zacks Consensus Estimate of 66 cents.
On a reported basis, Actelion incurred a loss of $2.19 in the nine months versus a gain of $2.78 in the prior-year period due to a litigation provision related to the Asahi Kasei lawsuit as well as the adverse currency impact.
With the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

UPS Beats By A Whisker

Posted: 25 Oct 2011 06:11 AM PDT

Before the opening bell, United Parcel Services (NYSE:UPS) reported third quarter adjusted earnings of $1.06 per share that outpaced the Zacks Consensus Estimate by a penny. Earnings per share of the world’s largest package delivery company, showed a substantial 14% growth from 93 cents in the year-ago quarter.
Despite weaker exports from Asia and the challenging economy, healthy US Domestic Package as well as Supply Chain and Freight performances led to the earnings improvement.
Total revenue … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

National Oilwell 3Q Earnings Jump

Posted: 25 Oct 2011 06:11 AM PDT

Oilfield services company National Oilwell Varco (NYSE:NOV) reported better-than-expected third quarter results, helped by robust activity levels, as well as good project execution skills and manufacturing efficiency. All the company's segments managed to improve their revenues and operating profit over the year-ago period.
Earnings per share (excluding transaction charges) came in at $1.26, comfortably above the Zacks Consensus Estimate of $1.17 and the year-ago adjusted profit of 97 cents. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Buffalo Wild Wings Posts Solid 3Q

Posted: 25 Oct 2011 06:11 AM PDT

Buffalo Wild Wings Inc.'s (NASDAQ:BWLD) third quarter 2011 earnings of 61 cents per share surpassed the Zacks Consensus Estimate of 58 cents per share, and also increased 29.8% from 47 cents per share reported in the prior-year quarter. The better-than-expected results were driven by higher same-store sales growth and unit growth.
Total revenue climbed 30.7% year over year to $197.8 million and outperformed the Zacks Consensus Estimate of $191.0 million. Sales at company-operated restaurants rose … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Market News Briefs: Adolor, Amgen, Brown & Brown, Caterpillar, CBRL Group, Cubist Pharmaceuticals, CIGNA, Duke Realty, Healthspring, Netflix

Posted: 25 Oct 2011 06:11 AM PDT

    Amgen (NASDAQ:AMGN) posted Q3 EPS of $1.40, surpassing the Zacks Consensus Estimate of $1.27. Revenues for the quarter came in at $3.94 billion

    Netflix (NASDAQ:NFLX) reported Q3 EPS of $1.16, exceeding the Zacks Consensus Estimate of $0.98 per share. Revenue for the quarter rose 49% to $822 million

    A Bloomberg report quoted Jon B Rogers, president of the Rogers Family Co as saying that the company will sell one-cup coffee pods to supermarkets … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Netflix Beats, Outlook Disappoints

Posted: 25 Oct 2011 05:55 AM PDT

Netflix Inc. (NASDAQ:NFLX) reported third quarter 2011 diluted earnings of $1.16 per share, surpassing the Zacks Consensus Estimate of 96 cents per share and increasing 65.7% from the prior-year quarter. Earnings surpassed management's guidance range of 72 cents to $1.07.
Total revenue of $821.8 million not only increased 48.6% from the year-ago quarter, but also beat the Zacks Consensus Estimate of $813.0 million. The total revenue was in the higher end of management's guidance range of $799.5 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

European Stocks Mixed Ahead Of Key Summit; DAX Up 0.54%

Posted: 25 Oct 2011 05:53 AM PDT

Forexpros – European stock markets were mixed on Tuesday, amid growing uncertainty over the capacity of European leaders to hammer out a solution to the region’s debt crisis at Wednesday’s key summit.

During European afternoon trade, the EURO STOXX 50 fell 0.70%, France's CAC 40 dropped 1.05%, while Germany's DAX 30 rose 0.54%.

Market sentiment had strengthened after talks on Sunday, as EU leaders moved closer to an agreement on bank recapitalization and expanding the firepower of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

TI Guidance Will Weigh On Shares

Posted: 25 Oct 2011 05:52 AM PDT

Texas Instruments Inc. (NYSE:TXN) reported third quarter earnings that were up 15.8% sequentially and down 6.8% year over year, exceeding the Zacks Consensus estimate by 10 cents, or 17.5%.
Although TI lowered earnings estimates, the addition of National limited negative estimate revisions. Therefore, overall estimates for the current quarter have remained unchanged while those for the following quarter and fiscal years 2011 and 2012 have gone up a bit. Results were better than the original … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Pool Beats On Higher Top Line

Posted: 25 Oct 2011 05:52 AM PDT

Pool Corp. (NASDAQ:POOL) reported third quarter 2011 earnings of 50 cents, beating the Zacks Consensus Estimate of 48 cents per share and showing an improvement from the year-ago earnings of 45 cents. The outperformance was mainly driven by solid top-line growth.
Net sales in the reported quarter jumped 11% year over year to $503.6 million. Acquisitions and new locations contributed $21.0 million to sales but not to operating income as it includes higher investment charges.
Inside The Headline … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Canada Core Retail Sales Rise In Line With Expectations

Posted: 25 Oct 2011 05:37 AM PDT

Forexpros – Core retail sales in Canada rose in line with expectations in August, official data showed on Tuesday.

In a report, Statistics Canada said core retail sales, which exclude automobile sales, rose by a seasonally adjusted 0.4% in August, broadly in line with market expectations.

July figure was revised up to a 0.1% increase from a previously reported flat reading.

Total retail sales rose by a seasonally adjusted 0.5% in August, above expectations for a 0.4% increase. July's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EURUSD Breaking Lower. Range Narrow Today

Posted: 25 Oct 2011 05:34 AM PDT

The EURUSD has broken trendline support, 38.2% of the days range,the 100/ 200 bar MAs (at 1.3917/18) on the 5 minute chart and 50% of the days range (at 1.39167 level). The last area at the 1.3917/18 level (100 and 200 bar MA and 50% retracement on the chart above)  will now be eyed by traders for bias clues. Stay below the area, and further downside momentum can be expected.  Staying below the 1.3927 level keeps the intraday bears interested and hopeful for further downside. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

PetMed Beats On EPS, Revs Miss

Posted: 25 Oct 2011 05:31 AM PDT

America's largest pet pharmacy, PetMed Express (NASDAQ:PETS) reported an EPS of 19 cents for the second quarter of fiscal 2012, down 13.6% from the year-ago quarter, but ahead of the Zacks Consensus Estimate of 14 cents.
Net sales of PetMed declined 4.9% year over year to $58.2 million, lower than the Zacks Consensus Estimate of $60 million. Sales were down due to the company's aggressive pricing on flea and tick products, which reduced the average order size. Moreover, due to a pending … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Supported Close To 6-week High

Posted: 25 Oct 2011 05:29 AM PDT

Forexpros – The pound remained supported close to a six-week high against the U.S. dollar on Tuesday, as hopes for a breakthrough on the euro zone debt crisis boosted risk appetite.

GBP/USD hit 1.6023 during European afternoon trade, the pair's highest since September 8; the pair subsequently consolidated at 1.6000, inching up 0.02%.

Cable was likely to find support at 1.5899, Monday's low and resistance at 1.6082, the high of September 8.

Market sentiment was boosted by cautious hopes … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

DuPont 3Q Beats Consensus

Posted: 25 Oct 2011 05:27 AM PDT

EI DuPont de Nemours & Co. (NYSE:DD) reported net income of $452 million or 69 cents per share in the third quarter of 2011 from $367 million or 40 cents per share in the same quarter of 2010. The profit exceeded the Zacks Consensus Estimate of 56 cents per share.
The improvement in profit was attributable to higher selling prices, increased sales volume and currency benefit, partly offset by higher raw material, energy, and freight costs.
Sales in the quarter grew 32% to $9.2 billion, up from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BP Misses As Volume Shrinks

Posted: 25 Oct 2011 05:23 AM PDT

BP Plc (NYSE:BP) has reported third-quarter 2011 earnings of $1.67 per American Depositary Share (ADS) on a replacement cost basis, excluding non-operating items. Results were below the Zacks Consensus Estimate of $1.68 and lower than the year-earlier adjusted profit level of $1.74. The underperformance resulted from lower production volumes, primarily in the Gulf of Mexico (GoM) region as well as associated costs related to rig standby in the region.
However, revenue soared 30.7% year over year … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

In Line 3Q For BJ’s Restaurants

Posted: 25 Oct 2011 05:16 AM PDT

BJ's Restaurants Inc. (NASDAQ:BJRI) reported third-quarter 2011 adjusted earnings of 24 cents per share, in line with the Zacks Consensus Estimate and higher than  the prior-year  earnings of 20 cents. The upside was attributable to double-digit growth in the top line and strong comparable restaurant sales growth.  
On a GAAP basis, quarterly earnings were 22 cents including 2 cents a share related to a lawsuit settlement expense.
Inside the Headline Numbers
Revenues in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Futures Higher Ahead Of E.U. Summit; Dow Jones Up 0.03%

Posted: 25 Oct 2011 05:14 AM PDT

Forexpros – U.S. stock futures pointed to a higher open on Tuesday, as upbeat earnings reports overshadowed uncertainty over the outcome of Wednesday’s European crisis summit.

Ahead of the open, the Dow Jones Industrial Average futures pointed to a rise of 0.03%, S&P 500 futures signaled a 0.14% increase, while the Nasdaq 100 futures indicated an advance of 0.21%.

Market sentiment was dented earlier, as investors became wary ahead of key discussions in the euro zone on ways to stem the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Plum Creek Marginally Beats

Posted: 25 Oct 2011 05:06 AM PDT

Plum Creek Timber Co. Inc. (NYSE:PCL), a real estate investment trust (REIT) owning and managing timberlands in the U.S., reported fiscal 2011 third quarter earnings of $50 million or 31 cents per share, compared with $32 million or 20 cents in the year-earlier quarter. The third quarter 2011 earnings marginally beat the Zacks Consensus Estimate by a penny.
Total revenues for the quarter were $293 million compared with $259 million in the year-ago quarter. Total quarterly revenues were below the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD At 6-week High On EU Summit Hopes

Posted: 25 Oct 2011 04:38 AM PDT

Forexpros – The euro advanced to a six-week high against the U.S. dollar on Tuesday, amid cautious hopes that European Union leaders may be making progress on a plan to tackle the region's debt crisis ahead of Wednesday's critical summit meeting.

EUR/USD hit 1.3960 during European early afternoon trade, the pair's highest since September 8; the pair subsequently consolidated at 1.3937, easing up 0.05%.

The pair was likely to find support at 1.3703, the low of October 21 and resistance … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BP Misses As Volume Shrinks

Posted: 25 Oct 2011 04:35 AM PDT

BP Plc (NYSE:BP) has reported third-quarter 2011 earnings of $1.67 per American Depositary Share (ADS) on a replacement cost basis, excluding non-operating items. Results were below the Zacks Consensus Estimate of $1.68 and lower than the year-earlier adjusted profit level of $1.74. The underperformance resulted from lower production volumes, primarily in the Gulf of Mexico (GoM) region as well as associated costs related to rig standby in the region.
However, revenue soared 30.7% year over year … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Corn Futures Gain On U.S. Crop Fears, China Demand Speculation

Posted: 25 Oct 2011 04:23 AM PDT

Forexpros – Corn futures were up sharply on Tuesday, boosted by lingering fears over U.S. corn crop conditions and amid speculation that Chinese corn demand will remain strong in the near-term.

On the Chicago Mercantile Exchange, corn futures for December delivery traded at USD6.5800 a bushel during European morning trade, jumping 1.04%.

It earlier rose by as much as 1.12% to trade at a daily high of USD6.5838 a bushel.

The U.S. Department of Agriculture said in its weekly crop progress … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/GBP Almost Unchanged After BoE Testimony

Posted: 25 Oct 2011 03:56 AM PDT

Forexpros – The euro inched higher against the pound on Tuesday, amid guarded hopes that Wednesday's European Union summit would result in progress on stemming the debt crisis in the euro zone and after Bank of England policymakers testified on the resumption of monetary easing.

EUR/GBP hit 0.8725 during European late morning trade, the daily high; the pair subsequently consolidated at 0.8710, inching up 0.04%.

The pair was likely to find support at 0.8668, last Friday's low and a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Copper Futures Ease Off 1-month High Ahead Of EU Summit

Posted: 25 Oct 2011 03:32 AM PDT

Forexpros – Copper futures pared gains on Tuesday, pulling back from a one-month high as investors locked in gains after prices notched their biggest two-day rally since January 2009, while uncertainty over the outcome of Wednesday's key European Union summit meeting also weighed.

On the Comex division of the New York Mercantile Exchange, copper futures for December delivery traded at USD3.456 a pound during European morning trade, easing up 0.2%.

It earlier rose by as much as 1.2% to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Down Amid E.Z. Debt Plan Hopes

Posted: 25 Oct 2011 03:15 AM PDT

Forexpros – The U.S. dollar was down against the Swiss franc on Tuesday, falling to a five-week low as hopes of a solution to the euro zone debt crisis by the end of crucial talks this week weighed on demand for safe haven dollar.

USD/CHF hit 0.8772 during European morning trade, the pair’s lowest since September 21; the pair subsequently consolidated at 0.8786, shedding 0.24%.

The pair was likely to find support at 0.8685, the low of September 16 and resistance at 0.8996, the high of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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