Wednesday, October 19, 2011

DailyMarkets.com - Cosi Comps Lag On Lower Traffic

DailyMarkets.com - Cosi Comps Lag On Lower Traffic


Cosi Comps Lag On Lower Traffic

Posted: 19 Oct 2011 10:00 AM PDT

Cosi Inc. (NASDAQ:COSI), a premium casual dining restaurant chain, recently reported its third quarter 2011 sales results. Total revenue, which comprises company-operated restaurant sales and franchise fees and royalties, decreased 6.6% year over year to $25.3 million, owing to lower company-owned restaurant sales. Sales were also below the Zacks Consensus Estimate of $28.0 million.
Company-operated restaurant sales tumbled 7.1% to $24.5 million, due to the shut down of 6 company-owned restaurants … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


HealthStar Adopts Athenahealth

Posted: 19 Oct 2011 09:50 AM PDT

Leading Electronic Health Record ("EHR") vendor for medical establishments, Athenahealth (NASDAQ:ATHN) recently reported that HealthStar Physicians, P.C., a multi-specialty physician group catering to the Eastern Tennessee region, has chosen three of its cloud-based services.
Athenahealth and HealthStar will work in tandem to generate operational efficiencies and effective communication with patients that will lead to the delivery of coordinated medical care.
HealthStar is a solid … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Lincare Beats, Profit Slips

Posted: 19 Oct 2011 09:35 AM PDT

Lincare Holdings (NASDAQ:LNCR), a leading provider of oxygen and respiratory therapies, posted third-quarter fiscal 2011 earnings per share of 48 cents, a penny above the Zacks Consensus Estimate and the year-ago earnings. Profit fell 4% year over year to $43.6 million as higher costs more than neutralized an increase in sales.
Revenues soared 13.4% year over year to $474.8 million, well ahead of the Zacks Consensus Estimate of $455 million. Sales included an unfavorable impact of $9.7 million (or … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Enterprise Texas Plant Comes Online

Posted: 19 Oct 2011 09:15 AM PDT

Enterprise Products Partners LP (NYSE:EPD) has commenced operations at its fifth natural gas liquids (NGL) fractionator in its Mont Belvieu, Texas complex, east of Houston.
Production at the fractionator exceeded the unit's estimated 75,000 barrels per day (bpd) nameplate capacity.  With the commissioning of this new unit the total nameplate capacity at Enterprise's Mont Belvieu complex has increased to over 380,000 bpd.
The new unit provides fractionation capacity for mounting NGL … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Preview: McGraw-Hill

Posted: 19 Oct 2011 09:15 AM PDT

The McGraw-Hill Companies Inc (NYSE:MHP) is slated to report its third-quarter 2011 financial results on Thursday, October 20, 2011. The current Zacks Consensus Estimate for the quarter is $1.23 a share. For the quarter to be reported, the Zacks Consensus Estimate for revenue is $2,041 million.
Second-Quarter 2011, a Synopsis
McGraw-Hill's quarterly earnings of 68 cents per share came a penny ahead of the Zacks Consensus Estimate, and rose 11.9% from 61 cents earned in the prior-year … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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

Posted: 19 Oct 2011 09:00 AM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Wednesday after the release of U.S. data on Core CPI.

EUR/USD was trading at 1.3775, up 0.16% at time of writing.

The pair was likely to find support at 1.3653, Tuesday's low, and resistance at 1.3914, Monday's high.

Earlier in the day, official data showed that core consumer price inflation in the U.S. rose less-than-expected to a seasonally adjusted 0.1% last month from 0.2% in the preceding month.

Analysts had expected U.S. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


P.F. Chang’s Pei Wei In Mexico

Posted: 19 Oct 2011 08:50 AM PDT

P.F. Chang’s China Bistro Inc. (NASDAQ:PFCB) recently inked a development agreement with a Latin American quick service restaurant and casual dining operator Alsea, S.A.B. de C.V. to spread its Pei Wei Asian concept in Mexico. The first location is slated to open in Mexico City in few months from now.
Per the deal, Alsea will set up three restaurants during the first 18 months. It also entails the company to a long-term option to open 50 restaurants over 10 years. P.F. Chang’s has a long-standing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


CBRE Group Secures Funding

Posted: 19 Oct 2011 08:35 AM PDT

CBRE Group Inc. (NYSE:CBG), the world's largest commercial real estate services company (on the basis of 2010 revenues), has recently announced its plans to establish a new incremental senior secured sterling term loan A-1 facility to the tune of approximately $250 million.
The new facility is scheduled to mature in May 2016 and would see participation from the company's existing bank syndicate on terms almost similar to its existing term loan-A facility. The new term loan facility is expected … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: USDCHF Stays Between The Goal Posts

Posted: 19 Oct 2011 08:34 AM PDT

The USDCHF is trading between the 100 and 200 hour MA today as the pair continues to consolidate (this I call trading between the Goal Posts).  When this conditions exists, the market is saying it is unsure of the next directional move. A break above or below the MA levels (i.e. below the 100 hour MA or above the 200 hour MA)  followed by momentum, should cast the directional vote for the neutral bulls and bears.
The 200 hour MA (green line) comes in at 0.9025. The 100 hour MA (blue … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: EURUSD Testing That 100 Hour MA Again.

Posted: 19 Oct 2011 08:34 AM PDT

A move below looks toward the 1.3751 level (close from yesterday). It seems like the EURUSD is down but not on the day.  A move above will look toward the 50% retracement of the day at the 1.3800 level where the 50% of the days range (at 1.3796) is found and the 200 bar MA on the 5 minute chart is also … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – USD/JPY Down Toward The End Of European Session

Posted: 19 Oct 2011 08:20 AM PDT

Forexpros – The U.S. Dollar was lower against the Japanese Yen on Wednesday after the release of U.S. data on Core CPI.

USD/JPY was trading at 76.81, down 0.01% at time of writing.

The pair was likely to find support at 76.60, Monday's low, and resistance at 77.45, Monday's high.

Earlier in the day, official data showed that core consumer price inflation in the U.S. rose less-than-expected to a seasonally adjusted 0.1% last month from 0.2% in the preceding month.

Analysts had expected … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Schneck To Deploy Omnicell’s G4

Posted: 19 Oct 2011 08:15 AM PDT

Omnicell, Inc. (NASDAQ:OMCL), a leading developer and marketer of end-to-end automation solutions for the medication-use process, recently announced that Schneck Medical Center will deploy its fourth-generation G4 solutions in pharmacy, nursing and perioperative care areas. The installation is expected to be completed by November 2011.
The solutions, which the company intends to deploy, include Omnicell Inventory Management Carousels with WorkflowRx software for comprehensive medication inventory … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


US Stocks Trade In Narrow Range On Data, Earnings

Posted: 19 Oct 2011 08:00 AM PDT

10/19/11 The major equity averages turned mixed on better-than-expected housing starts and higher inflation data. Earnings came in mixed, with Apple shares down after missing … [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: 19 Oct 2011 08:00 AM PDT

Forexpros – The British Pound was higher against the U.S. Dollar on Wednesday after the release of U.S. data on Core CPI.

GBP/USD was trading at 1.5831, up 0.75% at time of writing.

The pair was likely to find support at 1.5632, Tuesday's low, and resistance at 1.5853, Friday's high.

Earlier in the day, official data showed that core consumer price inflation in the U.S. rose less-than-expected to a seasonally adjusted 0.1% last month from 0.2% in the preceding month.

Analysts had … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – GBP/JPY Up During The European Session

Posted: 19 Oct 2011 07:40 AM PDT

Forexpros – The British Pound was higher against the Japanese Yen on Wednesday after the release of U.S. data on Core CPI.

GBP/JPY was trading at 121.43, up 0.60% at time of writing.

The pair was likely to find support at 120.00, Tuesday's low, and resistance at 122.64, Monday's high.

Earlier in the day, official data showed that core consumer price inflation in the U.S. rose less-than-expected to a seasonally adjusted 0.1% last month from 0.2% in the preceding month.

Analysts had … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Up During The European Session

Posted: 19 Oct 2011 07:10 AM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Wednesday after the release of U.S. data on Core CPI.

EUR/USD was trading at 1.3791, up 0.28% at time of writing.

The pair was likely to find support at 1.3653, Tuesday's low, and resistance at 1.3914, Monday's high.

Earlier in the day, official data showed that core consumer price inflation in the U.S. rose less-than-expected to a seasonally adjusted 0.1% last month from 0.2% in the preceding month.

Analysts had expected U.S. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Crude Trading Higher, Above $89, On Weaker Dollar And EFSF Expansion Reports

Posted: 19 Oct 2011 07:00 AM PDT

10/19/11 Despite uncertainty concerning the amount, reports concerning an expansion of the EFSF teamed with a slide in the US dollar helped front month crude prices trade above $89 this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Optimism Over Potential European Plan Weighs On Safe Havens

Posted: 19 Oct 2011 06:35 AM PDT

Fundamental Headlines
• Consumer Prices in U.S. Rise at Slower Pace – Bloomberg
• U.S. Needs Second Productivity Miracle in 15 Years – Bloomberg
• E.U. Raids Banks in Lending Rates Probe – Reuters
• Greek Protesters Clash with Police at Austerity Strike – Reuters
• Pain Spreads to Biggest Banks – WSJ
European Session Summary
The past few days of trading have been incredibly choppy. As noted in the weekly column outlining the week's most important events, market … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Global Markets Rise, EFSF Expansion Amount In Question, & Apple In Focus

Posted: 19 Oct 2011 01:15 AM PDT

10/19/11 NYFP’s Morning Market Brief: Global markets rose despite questions arising about the amount of the EFSF expansion. Meanwhile, Apple is in question following a weak earnings … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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