Friday, October 7, 2011

DailyMarkets.com - Comcast Reduces Waiting Period

DailyMarkets.com - Comcast Reduces Waiting Period

Comcast Reduces Waiting Period

Posted: 07 Oct 2011 09:50 AM PDT

Comcast Corporation (NASDAQ:CMCSA), the largest cable MSO (multi-service operator) in the U.S, plans to offer value added services to its premium subscribers who are willing to watch newly released movies at home.
Comcast's customers in the popular cities of Atlanta and Portland, and who have the HD TV telecast facility, will be able to watch the new movie “Tower Heist,” which is slated for release on November 4, this year. The new service will allow Comcast subscribers to rent the movie from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Total Employment Rises 103,000

Posted: 07 Oct 2011 09:50 AM PDT

The total number of people employed rose by 103,000 in September. That is much better than consensus expectations for a gain of 60,000. This report was also better than the ADP report on Wednesday, which was also an upward surprise – though not a big enough one. That report showed 91,000 private sector jobs created, and the expectations were for the BLS to show 83,000 new private sector jobs.

The "actual" BLS number of private sector jobs was 137,000. Government payrolls declined by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Assurant Sees Cat Loss From Irene

Posted: 07 Oct 2011 09:40 AM PDT

After recording a high catastrophe loss (cat loss) in the second quarter of 2011, property and casualty insurer Assurant Inc. (NYSE:AIZ) is again set to incur further pre-tax cat losses in the range of $80 million to $85 million in the upcoming quarter. Out of the total losses, $65 million to $70 million is attributed to Hurricane Irene, which battered the East Coast in August 2011.
These cat losses will affect Assurant's largest business – the Specialty Property segment – which accounts for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Praxair’s Acquisition & JV Update

Posted: 07 Oct 2011 09:20 AM PDT

The leading industrial gas supplier, Praxair Inc's (NYSE:PX) subsidiary, Praxair Distribution Inc. recently announced the acquisition of Texas-based, National Alloy and Equipment, Inc. Financial terms of the transaction were undisclosed.
The target company is one of the leading independent distributor of industrial and specialty gases and ancillary welding equipment, supplies and services in Houston.
Recently, Praxair also signed an agreement with Yara International ASA according to which the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Genworth Closes Medicare Biz Sale

Posted: 07 Oct 2011 09:15 AM PDT

Genworth Financial Inc. (NYSE:GNW) closed the divestiture of its Medicare supplement business and related blocks of in-force business. The assets were sold to Aetna Inc. (NYSE:AET) for $276 million. The company also expects to record an after-tax gain of approximately $35 million from the sale.
The divestiture included the sale of Continental Life Insurance Company of Brentwood, Tennessee and its subsidiary, American Continental Insurance Company.
Genworth estimated approximately $240 million will be … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Advances In Early U.S. Trade

Posted: 07 Oct 2011 09:08 AM PDT

Forexpros –
orexpros – The euro moved higher against the U.S. dollar in early trade Friday, boosted by the planned bank recapitalization by the European Central Bank and better than expected employment numbers in the U.S.

EUR/USD hit 1.3525 in early U.S. trade, the pair's highest since last Friday; the pair subsequently consolidated at 1.3496 sinking 1.05%.

The pair was likely to find support at 1.3368, Tuesday's low, and resistance at 1.3798, the high of September 21.
On Friday, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AngioDynamics Completes Enrollment

Posted: 07 Oct 2011 08:55 AM PDT

Therapeutic and diagnostic devices maker AngioDynamics (NASDAQ:ANGO) reported that it has completed the patient enrollment for the European clinical trial of its popular tumor-zapping NanoKnife system for the treatment of hepatocellular carcinoma ("HCC"), the most common type of liver cancer.
The European trial has been designed to assess the safety and efficacy of the NanoKnife System in treating early-stage HCC. The multi-center, company-sponsored trial includes 26 patients from 5 European … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AngioDynamics Completes Enrollment

Posted: 07 Oct 2011 08:55 AM PDT

Therapeutic and diagnostic devices maker AngioDynamics (NASDAQ:ANGO) reported that it has completed the patient enrollment for the European clinical trial of its popular tumor-zapping NanoKnife system for the treatment of hepatocellular carcinoma ("HCC"), the most common type of liver cancer.
The European trial has been designed to assess the safety and efficacy of the NanoKnife System in treating early-stage HCC. The multi-center, company-sponsored trial includes 26 patients from 5 European … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: NIKE, Inc.

Posted: 07 Oct 2011 08:50 AM PDT

 
NIKE INC-B (NKE): Free Stock Analysis … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Whole Foods Market

Posted: 07 Oct 2011 08:50 AM PDT

Sonic Comps Disappoint In 4Q

Posted: 07 Oct 2011 08:40 AM PDT

Sonic Corp. (NASDAQ:SONC) recently reported comparable store sales (comps) growth for fiscal 2011, reflecting a 1.8% increment in drive-ins and 0.5% for the system. The growth was a turnaround from the decrease of 7.8% for the system recorded in the year-earlier period.
Sonic’s fourth quarter same-store sales increased approximately 0.4% for company drive-ins and declined 0.5% for the system. The dip in quarter's overall sales was also below the company's original guidance of positive low single … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up Toward The End Of European Session

Posted: 07 Oct 2011 08:40 AM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.

EUR/USD was trading at 1.3499, up 0.45% at time of writing.

The pair was likely to find support at 1.3147, Tuesday's low, and resistance at 1.3525, today's high.

Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 103K last month, from 57K in the preceding month whose figure was revised up from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Stocks Mixed, NFP Tops Forecasts

Posted: 07 Oct 2011 08:30 AM PDT

10/07/11 US equity average opened mixed following a better-than-expected non-farm payrolls reading. Bank stocks declined following Moody’s downgrade of UK financial … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Up Toward The End Of European Session

Posted: 07 Oct 2011 08:25 AM PDT

Forexpros – The British Pound was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.

GBP/USD was trading at 1.5613, up 1.09% at time of writing.

The pair was likely to find support at 1.5272, Thursday's low, and resistance at 1.5646, today's high.

Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 103K last month, from 57K in the preceding month whose figure was revised up from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

USM Unveils HTC Flyer

Posted: 07 Oct 2011 08:20 AM PDT

U.S. Cellular (NYSE:USM) has recently launched Google (NASDAQ:GOOG) Android-based mobile tablet — HTC Flyer. The device is available for $399.99, after a $100 rebate, with a purchase of a 5 GB data plan. It comes for $599.99 after the same rebate, with a 200 MB data plan.
Designed to look sleek, the HTC Flyer features a 1.5 Ghz Snapdragon processor and 32 GB of internal memory. It also has dual camera and an optional HTC Scribe, a pen to highlight text on the screen.
The launch of the device is in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Up On U.S. Data

Posted: 07 Oct 2011 08:00 AM PDT

Forexpros – The U.S. Dollar was higher against the Japanese Yen on Friday after the release of U.S. data on Nonfarm Payrolls.

USD/JPY was trading at 76.76, up 0.06% at time of writing.

The pair was likely to find support at 76.52, Monday's low, and resistance at 77.21, Monday's high.

Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 103K last month, from 57K in the preceding month whose figure was revised up from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Global Market Rally Continues & Nonfarm Payrolls Double Expectations

Posted: 07 Oct 2011 06:15 AM PDT

10/07/11 NYFP’s Morning Market Brief: The global equity rally continued as the week nears the end led by EU bank optimism and strong jobs data out of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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