DailyMarkets.com - Forex Trading: USDSGD Re-Enters Downward Channel

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• Forex Trading: USDSGD Re-Enters Downward Channel
• Forex Trading: USDSGD Weekly Chart
• Forex Trading: Usd/hkd Back In Hourly Channel
• Forex Trading: Usd/hkd Tested The 23.6% Retracement Level.
• Forex Trading: Usd/sgd Breaks Below The Weekly Trend-line
• Japan’s Industrial Production Falls More-than-expected
• Tokyo’s Core Consumer Price Inflation Falls
• Forex – EUR/USD Recedes In Early Asian Trade
• Japan’s Unemployment Rate Falls Unexpectedly
• Forex – EUR/USD Down During The Asian Session
• Cameron Sees Profits Surge
• Jobless Claims Remains Rangebound
• Mixed 3Q For Moody’s Corp.
• Forex – NZD/USD Down In Asian Trade
• Raytheon Beats EPS, Updates Outlook
• US Personal Income And Spending, U. Of Michigan Consumer Sentiment, Employment Cost Index; Earnings – Chevron, Merck
• Stocks That Look Ready To Take Off
• ADP Reports In Line 1Q
• Legg Mason Outshines Estimate
• Google’s ‘Transparency Report’ Shows A Rise In U.S. Law Enforcement Requests For The First-half Of 2011
• Goldcorp Exceeds Consensus
• I Was Wrong
• Occidental Outpaces Expectation
• Owens-Illinois Beats Bottom Line
• Montpelier Stumbles On Cat Loss
• Waste Management Reports Sound 3Q
• Ball Corp. Beats Estimates
• Molex Has Routine Q1
• Coal Prices Drive CONSOL’s Results
• WEC Continues To Outperform
• Citrix Systems Beats, Ups Guidance
• Celgene Tops, Guides Up
• Weak Sales Hurt Skechers 3Q
• Aflac Outperforms, Hikes Dividend
• Graco Beats On Strong Sales
• O’Reilly Profits Up 28%
• Cardinal Narrowly Beats In 1Q
• EQT Beats As Volume Grows
• Glaxo Posts Revenue Growth
• Xcel Fails To Shine, Keeps Guidance
• Goodrich Beats EPS, Raises Outlook
• DeVry Misses Estimates
• Colgate Reports In Line
• Aetna Beats, Raises Guidance
• Dow Rallies 339+ Points On EU Debt Resolution Plans & Strong Economic Data
• Motorola Solutions Outperforms In 3Q
• Avon’s Weak 3Q Hurts Guidance
• Corning’s Outlook Murky
• Airgas Beats, Guides Well
• Not Sustainable
• Forex – EUR/USD Up At The End Of U.S. Session
• Symantec Reports Decent 2Q
• Forex – USD/JPY Down Toward The End Of U.S. Session
• Visa Exits Assured From Fiscal 2011
• Johnson Controls Misses By A Penny
• Dow Posts Excellent 3Q Results
• P&G In Line, Maintains Outlook
• Forex – EUR/USD Up Toward The End Of U.S. Session
• CA Beats On Higher Revenue
• BMC Tops Estimates, Bookings Tumble
• U.S. Markets Close Higher; Dow Jones Up 2.86%
• Bristol-Myers Tops, Adjusts View
• Franklin Lags Estimates
• Forex – GBP/USD Up During The U.S. Session
• CNO Financial Reports EPS In Line
• Forex – USD/CHF Down In U.S. Trading Hours
• Forex – USD/CAD Down In U.S. Trade
• Forex – EUR/USD Up In U.S. Trading Hours
• Real GDP Recovers To Above Its Pre-Recession Level
• Forex – AUD/USD Up In U.S. Trade
• The Trend Trader For Stock Trading On Friday, October 28, 2011
• The Trend Trader For ETF Trading On Friday, October 28, 2011
• The Trend Trader For Futures Trading On Friday, October 28, 2011
• The Trend Trader For Forex Trading On Friday, October 28, 2011
• Daily Commodities Update: Heating Oil

Forex Trading: USDSGD Re-Enters Downward Channel Posted: 27 Oct 2011 05:33 PM PDT The USDSGD pair has re-entered the downward channel we have been reviewing for a few weeks after breaking out and testing the 4-200hr moving average. The pair re-entered on a huge risk bid today (where SGD has been lately lagging somewhat) and broke through what we envisioned as technical support, we will now look to the bottom of the channel to provide further … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDSGD Weekly Chart Posted: 27 Oct 2011 05:33 PM PDT Just a few weeks back the USD bid was prevalent in the market place and we were discussing the 100 week moving average defending the pairs appreciation above the 50% retracement of the move made this summer. Now we see the trending 21 week moving average quickly coming into play to defend the pairs depreciation following an enormous risk bid yesterday. A break below the 21 week mavg bring the 1.20 handle into … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/hkd Back In Hourly Channel Posted: 27 Oct 2011 05:33 PM PDT after breaking out of this downward channel on the downside, we see it trade higher and start to trade with in the channel … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/hkd Tested The 23.6% Retracement Level. Posted: 27 Oct 2011 05:33 PM PDT After the usd/hkd tested the 23.6% retracement level we quickly see it rally lower signaling that there is more room on the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/sgd Breaks Below The Weekly Trend-line Posted: 27 Oct 2011 05:33 PM PDT usd/sgd breaks below the weekly trend-line giving us a bearish signal that it might test the recent … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Japan’s Industrial Production Falls More-than-expected Posted: 27 Oct 2011 05:00 PM PDT Forexpros – Industrial production in Japan fell more-than-expected last month, preliminary data showed on Thursday. In a report, the Ministry of Economy, Trade and Industry said that industrial production fell to a seasonally adjusted -4.0%, from 0.6% in the preceding month. Analysts had expected industrial production to fall -2.1% last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Tokyo’s Core Consumer Price Inflation Falls Posted: 27 Oct 2011 04:45 PM PDT Forexpros – Tokyo's core consumer price inflation fell last month, official data showed on Thursday. In a report, the Statistics Bureau said that Tokyo's core CPI, which excludes fresh food costs fell to at an annualized rate of -0.4%, from -0.1% in the preceding month. Analysts had expected Tokyo's core CPI to fall to -0.4% last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Recedes In Early Asian Trade Posted: 27 Oct 2011 04:41 PM PDT Forexpros – Forexpros – The euro moved slightly lower against the U.S. dollar in Asian trade Friday, after jumping to a seven-week high as European leaders announced agreement on a package of measures aimed at extinguishing the euro-zone's debt crisis. EUR/USD hit 1.4169 in early Asian trade, the pair's lowest since Thursday; the pair subsequently consolidated at 1.4174, falling 0.11%. The pair was likely to find support at 1.3657, last Thursday's low, and resistance at 1.4378, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Japan’s Unemployment Rate Falls Unexpectedly Posted: 27 Oct 2011 04:40 PM PDT Forexpros – Japan's unemployment rate fell unexpectedly last month, official data showed on Thursday. In a report, the Statistics Bureau said that the percentage of the total work force that is unemployed and actively seeking employment during the previous month fell to a seasonally adjusted 4.1%, from 4.3% in the preceding month. Analysts had expected the rate of unemployment to rise to 4.5% last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 27 Oct 2011 04:10 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Thursday. EUR/USD was trading at 1.4178, down 0.08% at time of writing. The pair was likely to find support at 1.3800, Wednesday's low, and resistance at 1.4246, today's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.01% to hit 0.8813 and EUR/JPY falling 0.10% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cameron Sees Profits Surge Posted: 27 Oct 2011 04:00 PM PDT Oil drilling equipment maker Cameron International Corp. (NYSE:CAM) reported third quarter earnings per share (excluding special items) of 78 cents, exceeding the 64 cents (adjusted) earned in the prior-year quarter and the Zacks Consensus Estimate of 74 cents. The outperformance reflects robust profitability from its 'Drilling & Production Systems' and 'Valves & Measurement' segments.  Quarterly revenue, at $1,685.9 million, was up 10.4% year over year but came below the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Jobless Claims Remains Rangebound Posted: 27 Oct 2011 03:58 PM PDT 10/27/11 While fewer people filed for unemployment assistance last week, jobless claims data remains above … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Mixed 3Q For Moody’s Corp. Posted: 27 Oct 2011 03:50 PM PDT Moody's Corp. (NYSE:MCO) reported third quarter 2011 earnings, which beat the Zacks Consensus Estimate of 49 cents by 8 cents (up 16.3%). However, Moody's reported pro forma earnings of 57 cents per share which decreased 1.7% from 58 cents per share in the year-ago quarter. The negative surprise was primarily attributed to sluggish revenue growth and higher expenses. Operating Performance Operating income, excluding restructuring charges and legacy tax, came in at $196.3 million in the third … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Down In Asian Trade Posted: 27 Oct 2011 03:35 PM PDT Forexpros – The New Zealand Dollar was lower against the U.S. Dollar on Thursday. NZD/USD was trading at 0.8226, down 0.03% at time of writing. The pair was likely to find support at 0.7915, Wednesday's low, and resistance at 0.8232, today's high. Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.17% to hit 1.3018 and EUR/NZD falling 0.02% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Raytheon Beats EPS, Updates Outlook Posted: 27 Oct 2011 03:30 PM PDT Raytheon Company (NYSE:RTN) reported third-quarter 2011 adjusted earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.33. Results were also higher than the year-ago quarterly earnings of $1.35 per share. Operational Performance Revenue reported by Raytheon in the quarter under review was $6.13 billion, down 2% from $6.27 billion in the year-ago period and also short of the Zacks Consensus Estimate of $6.39 billion. Income from continuing operations decreased to $500 million … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Personal Income And Spending, U. Of Michigan Consumer Sentiment, Employment Cost Index; Earnings – Chevron, Merck Posted: 27 Oct 2011 03:20 PM PDT 10/27/11 US economic data will center on the consumer, with the release of personal income and spending and sentiment … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks That Look Ready To Take Off Posted: 27 Oct 2011 03:19 PM PDT ( click to enlarge ) Today’s action in TSL confirms my opinion that the current rally has legs. Trina Solar Limited (NYSE:TSL) broke the ascending triangle higher on very large volume. The technical chart shows buyers are back. With the surge today %K line is again on top over %D line showing the stock is back to new rally. A move towards $9.62 can be expected as long as $8.05 holds.  ( click to enlarge ) My new big pick is Cogo Group, Inc. (NASDAQ:COGO). The stock made an awesome move … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ADP Reports In Line 1Q Posted: 27 Oct 2011 03:15 PM PDT Automatic Data Processing Inc. (NYSE:ADP) reported first quarter 2012 earnings of 61 cents per share, in line with the Zacks Consensus Estimate. Earnings per share increased 9.0% year over year driven by strong revenue growth. Operating Performance In the reported quarter, total expenses increased 14.6% year over year to $2.10 billion, due to higher operating expenses (up 15.8% year over year), systems development & programming (up 11.0% year over year) and selling, general & … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Legg Mason Outshines Estimate Posted: 27 Oct 2011 03:15 PM PDT Legg Mason Inc.'s (NYSE:LM) fiscal second-quarter 2012 earnings of 61 cents per share significantly outpaced the Zacks Consensus Estimate of 38 cents. Reported quarter results included special U.K. tax benefit of 13 cents and transition-related costs of 7 cents per share. Earnings were below the prior-year quarter and prior quarter's earnings of 76 cents and 73 cents per share. Results declined due to lower revenue and total assets under management (AUM), offset by lower operating … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Google’s ‘Transparency Report’ Shows A Rise In U.S. Law Enforcement Requests For The First-half Of 2011 Posted: 27 Oct 2011 10:15 AM PDT 10/27/11 On Tuesday, Google released a report showing that between January and June of this year, various U.S. law enforcement agencies made 5,950 requests for user data from Google accounts or … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Goldcorp Exceeds Consensus Posted: 27 Oct 2011 03:05 PM PDT Goldcorp Inc.'s (NYSE:GG) adjusted net earnings were $459 million, or 57 cents per share compared with $244 million or 33 cents per share in the year-ago quarter. Results exceeded the Zacks Consensus Estimate of 56 cents per share. Reported net earnings were $336 million in the third quarter of 2011 compared with $721 million in the third quarter of 2010. Revenue In the third quarter of 2011, revenues increased 48% year over year to $1.3 billion, on gold sales of 571,500 ounces. The average … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

I Was Wrong Posted: 27 Oct 2011 02:51 PM PDT After two and a half years of being staunchly bullish, I put out the following bearish call on August 2, 2011: "Plain and simple, I have become much more bearish about the economic outlook. The anemic ISM Mfg reading + GDP negative revisions = great increase in likelihood of a recession. And now the best case scenario is Muddle Through Growth. But until Muddle Through proves out, then likely people will sell stocks first and ask questions later." It certainly was the right call at the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Occidental Outpaces Expectation Posted: 27 Oct 2011 02:51 PM PDT Occidental Petroleum Corporation's (NYSE:OXY) third quarter 2011 operating earnings jumped 47.3% to $2.18 per share from $1.48 per share in the year-ago quarter. Earnings beat our expectation for the quarter by a penny. GAAP net earnings during the quarter were $2.17 per share versus $1.46 per share reported in the year-ago quarter. The difference of operating and GAAP earnings of 1 cent during the reported quarter was due to the loss from discontinued operations. Total Revenue Occidental’s … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Owens-Illinois Beats Bottom Line Posted: 27 Oct 2011 02:41 PM PDT Owens-Illinois, Inc. (NYSE:OI) reported adjusted earnings of 84 cents per share, surpassing the Zacks Consensus estimate by 12 cents. Earnings were a penny above 83 cents earned in the year ago quarter. Including charges for restructuring and asset impairment of $20 million or 12 cents a share and loss from discontinued operations of $3 million or 2 cents a share, the company reported a net income of $116 million or 71 cents per share compared with $139 million or 85 cents per share in the third … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Montpelier Stumbles On Cat Loss Posted: 27 Oct 2011 02:41 PM PDT Montpelier Re Holdings Ltd. (NYSE:MRH) reported third quarter 2011 operating loss of 40 cents per share, wider than the Zacks Consensus of a loss of 23 cents. Results compare unfavorably with earnings of 86 cents in the year ago quarter. Operating loss was $24.9 million, plummeting from a profit of $60.7 million in third quarter 2010. The quarter suffered largely due to catastrophe losses, resulting from Hurricane Irene and the Texas wildfires, U.S. regional aggregate covers and July Danish … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Waste Management Reports Sound 3Q Posted: 27 Oct 2011 02:35 PM PDT Waste Management Inc. (NYSE:WM) recorded a 15% increase in EPS to 63 cents (excluding special items) in the third quarter from 55 cents in the year-ago quarter primarily driven by pricing programs, higher commodity prices and recycling volumes, acquisitions and fuel surcharges and cost reduction initiatives. The company outperformed the Zacks Consensus Estimate of 61 cents. Revenues increased 9% to $3.52 billion from $3.23 billion in the year-ago quarter, higher than the Zacks Consensus Estimate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Ball Corp. Beats Estimates Posted: 27 Oct 2011 02:35 PM PDT Ball Corporation (NYSE:BLL) reported net earnings of $132.1 million or 79 cents per share in the third quarter of 2011, declining significantly from $227.5 million or $1.25 per share in the year-ago quarter.  However, excluding business consolidation costs and other charges and benefits, the company's adjusted income in the quarter came in at $135.4 million or 81 cents per share compared with $127.7 million or 70 cents per share a year ago. Adjusted income per share was also higher than the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Molex Has Routine Q1 Posted: 27 Oct 2011 02:30 PM PDT Molex Inc's (NASDAQ:MOLX) earnings for the first quarter of fiscal 2012 beat the Zacks Consensus by 5 cents, or 12.5%. Strong revenue growth, especially in the Data segment, a recovering Japanese business and a benign pricing environment helped results. Revenue Molex reported revenue of $936.0 million, which was up 2.4% sequentially and up 4.3% year over year, exceeding management expectations of $880-920 million, or down 4% to up 1% sequentially. Revenue also came in much higher than the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Coal Prices Drive CONSOL’s Results Posted: 27 Oct 2011 02:30 PM PDT Diversified fuel producer CONSOL Energy Inc. (NYSE:CNX) reported third quarter earnings of 73 cents per share, above the Zacks Consensus Estimate of 67 cents. Earnings per share in the quarter also rose significantly from the year-ago quarter earnings of 33 cents. Company-wide revenue grew 12.8% in the third quarter, boasting record revenues of $1.522 billion, driven by higher-than-expected coal sales coupled with favorable coal prices. Third quarter revenue also improved substantially from the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

WEC Continues To Outperform Posted: 27 Oct 2011 02:30 PM PDT Energy utility Wisconsin Energy Corporation’s (NYSE:WEC) third quarter 2011 operating earnings per share of 55 cents were fairly ahead of the Zacks Consensus Estimate of 49 cents and above the year-ago operating earnings of 47 cents. Wisconsin Energy's quarterly results mainly benefited from the improved earnings contribution from its 'Power the Future' plan, which showed a growth of 3 cents per share. Power the Future earnings growth stemmed mainly from the company's investment in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Citrix Systems Beats, Ups Guidance Posted: 27 Oct 2011 02:30 PM PDT Citrix Systems Inc. (NASDAQ:CTXS) delivered strong financial results for the third quarter of 2011. Global trends toward virtualization and cloud computing facilitated the impressive results in the reported quarter. Based on the strong results, management raised its financial forecast for fiscal 2011. Quarterly net revenue was $565.3 million, up 20% year over year and ahead of the Zacks Consensus Estimate of $545 million. GAAP net income was $92.2 million or 49 cents per share compared with $87.8 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Celgene Tops, Guides Up Posted: 27 Oct 2011 02:26 PM PDT Celgene Corporation's (NASDAQ:CELG) third quarter 2011 earnings (excluding special items but including stock-based compensation expense) of $0.90 per share beat the Zacks Consensus Estimate by $0.04 and the year-ago earnings by $0.25. On a reported basis (including special items), the company's earnings increased 35% to $0.81. Higher revenues boosted earnings in the quarter. Total revenues climbed 37% to $1.25 billion in the third quarter of 2011. Revenues were boosted by the impressive … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Weak Sales Hurt Skechers 3Q Posted: 27 Oct 2011 02:26 PM PDT Skechers USA Inc. (NYSE:SKX), the designer, marketer and distributor of footwear, recently reported third-quarter 2011 results. Skechers delivered earnings of 8 cents a share, down 89.2% from the prior-year period as weak top-line performance weighed upon its bottom-line results. However, the quarterly earnings fared better than the Zacks Consensus Estimate of 1 cent a share. On a reported basis, including one time items, Skechers delivered earnings of 17 cents a share. Skechers, which competes … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aflac Outperforms, Hikes Dividend Posted: 27 Oct 2011 02:20 PM PDT Aflac Inc.'s (NYSE:AFL) third quarter 2011 operating earnings per share of $1.66 came in comfortably higher than the Zacks Consensus Estimate of $1.60 and $1.45 reported in the year-ago quarter. Operating earnings escalated 13.7% year over year to $778 million. A stronger yen/dollar exchange rate helped increase operating earnings per share by 9 cents. Earnings in the reported quarter excluded after-tax negative impact of derivative and hedging activities worth $146 million or 31 cents in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Graco Beats On Strong Sales Posted: 27 Oct 2011 02:15 PM PDT Graco Inc. (NYSE:GGG) posted a net income of $36.6 million or $0.60 per share compared to a net income of $38.1 million or $0.61 per share in the previous quarter and a net income of $30.4 million or $0.50 per share in the year-ago quarter. The results beat the Zacks Consensus Estimate of $0.57.  Revenues Net sales came in at $227.3 million, up 20% from the year-ago quarter driven by broad-based growth in all segments and regions. The net sales reported in the quarter included 4 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

O’Reilly Profits Up 28% Posted: 27 Oct 2011 02:15 PM PDT O'Reilly Automotive Inc. (NASDAQ:ORLY) revealed a 28% increase in profit to $1.10 per share in the third quarter of 2011 from 86 cents per share (excluding special items) in the comparable quarter of 2010. With this, the company has beaten the Zacks Consensus Estimate by 10 cents per share. In absolute terms, profit was $148 million compared with $122 million in the third quarter of 2010. Sales in the quarter grew 8% to $1.54 billion from $1.43 billion in the comparable quarter of 2010. Comparable … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cardinal Narrowly Beats In 1Q Posted: 27 Oct 2011 02:15 PM PDT Leading distributor of pharmaceuticals and medical supplies Cardinal Health (NYSE:CAH) posted first-quarter fiscal 2012 (ended September 30) adjusted (excluding one-time charges and gains) earnings per share from continuing operations of 73 cents, beating the Zacks Consensus Estimate of 72 cents and exceeding the year-ago earnings of 66 cents per share. Earnings from continuing operations (as reported) dropped about 19% year over year to $237.1 million (or 68 cents a share) reflecting a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EQT Beats As Volume Grows Posted: 27 Oct 2011 02:15 PM PDT EQT Corporation (NYSE:EQT) has reported third quarter 2011 adjusted earnings of 45 cents, surpassing the Zacks Consensus Estimate of 43 cents. Results also compare favorably with 24 cents earned in the prior-year quarter.  Operating revenue in the quarter grossed $336.7 million, showing a 30.8% year-over-year improvement. The revenue was also comfortably ahead of the Zacks Consensus Estimate $325 million. The outperformances were driven by higher production (thanks to 243 million cubic … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Glaxo Posts Revenue Growth Posted: 27 Oct 2011 02:15 PM PDT GlaxoSmithKline (NYSE:GSK) reported third quarter earnings of 90 cents per ADS, in line with the Zacks Consensus Estimate, and above the year-ago earnings of 87 cent per ADS. Revenues grew 3% year over year at constant exchange rates (CER). The Quarter in Detail While Pharmaceuticals and Vaccines sales increased 3%, Consumer Healthcare grew 5%. Price cuts in the EU and the US healthcare reform affected revenues by about £71 million during the quarter. Performance of the Vaccines segment was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Xcel Fails To Shine, Keeps Guidance Posted: 27 Oct 2011 02:15 PM PDT Electricity and natural gas company Xcel Energy Inc.'s (NYSE:XEL) operating earnings for the third quarter 2011 of 69 cents per share were up 7 cents from the year-ago quarter and at par with the Zacks Consensus Estimate. Earnings during the said quarter benefited from higher electric margins owing to interim rate hikes in Minnesota and North Dakota. The results were partially offset by higher operating and maintenance expenses, property taxes and depreciation expense and property taxes. Xcel … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Goodrich Beats EPS, Raises Outlook Posted: 27 Oct 2011 02:15 PM PDT Before markets opened, Goodrich Corporation (NYSE:GR) announced mixed third quarter 2011 results. In the reported quarter, the company clocked adjusted earnings of $1.70 per share, striding ahead of the Zacks Consensus Estimate of $1.50 and showing an improvement from $1.25 per share earned a year ago. On a reported basis, after including merger-related costs of 13 cents, the company clocked earnings of $1.57 versus $1.25 in the year-ago period. The merger-related costs were related to the ongoing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

DeVry Misses Estimates Posted: 27 Oct 2011 02:15 PM PDT DeVry Inc. (NYSE:DV), a world leader in providing educational services, registered sluggish first quarter 2012 earnings of 83 cents per share that declined by 19.4% from $1.03 per share posted in the year-ago period. Earnings also lagged the Zacks Consensus Estimate of 96 cents by 13.54%. Management ascribed that deteriorating economic conditions and rising unemployment have negatively impacted the results. Moreover, the new regulations associated with the education system have posed as the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Colgate Reports In Line Posted: 27 Oct 2011 02:15 PM PDT Colgate-Palmolive Company (NYSE:CL) posted third-quarter 2011 earnings of $1.31 per share, remains in line with Zacks Consensus Estimate. Earnings surpassed the prior-year quarter figure of $1.21 per share by 8.2%. Global net sales increased 11.2% year over year to $4,383.0 million based on 2.0% surge in pricing and 4.5% rise in foreign exchange coupled with a 4.5% addition from global unit volume. On an organic basis (excluding foreign exchange, acquisitions and divestitures), sales … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aetna Beats, Raises Guidance Posted: 27 Oct 2011 02:03 PM PDT The third largest commercial health insurer Aetna Inc. (NYSE:AET) has posted third quarter 2011 earnings of $1.40 per share, significantly ahead of the Zacks Consensus Estimate of $1.14 as well as the year-ago quarter's earnings of $1.00 per share. Declining utilization, strong performance across all the product lines, disciplined pricing and medical cost trends accounted for the earnings upside. However, including net realized capital gains and other items, net income stood at 490.4 million, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dow Rallies 339+ Points On EU Debt Resolution Plans & Strong Economic Data Posted: 27 Oct 2011 09:00 AM PDT 10/27/11 NYFP’s Closing Bell Report: The Big Board rallied gained more than 400 points intraday as investors digested EU officials agreeing on plans to resolve the debt crisis. Also, initial jobless claims and 3Q GDP came in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Motorola Solutions Outperforms In 3Q Posted: 27 Oct 2011 01:56 PM PDT Motorola Solutions Inc. (MSI) reported excellent financial results in the third quarter of 2011 with both the top line and bottom line exceeding the Zacks Consensus Estimates. The solid performance was mainly on the back of solid demand across both Government and Enterprise segments. Third-Quarter Results in Details Quarterly GAAP net income from continuing operation was $253 million or 45 cents per share compared with $211 million or a loss of 4 cents per share in the prior-year quarter. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Avon’s Weak 3Q Hurts Guidance Posted: 27 Oct 2011 01:56 PM PDT Avon Products Inc. (NYSE:AVP) recently posted third-quarter 2011 adjusted earnings of 38 cents a share, missing the Zacks Consensus Estimate of 46 cents a share and slipped 7.3% from the year-ago earnings of 41 cents a share. On a reported basis, including one-time items, earnings remained flat at 38 cents per share compared with the year-ago quarter. Total sales of the company rose 5% year over year to $2,706.7 million compared with $2,580.1 million a year ago. Total revenue also missed the Zacks … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Corning’s Outlook Murky Posted: 27 Oct 2011 01:56 PM PDT Corning Inc's (NYSE:GLW) third quarter 2011 earnings beat the Zacks Consensus Estimate by 7 cents, or 15.7%. While revenue growth was encouraging and margins also strengthened, Corning's guidance disappointed investors. Revenue Corningreported revenue of $2.08 billion, which was up 3.5% sequentially and 29.5% year over year. The stronger yen helped results in the last quarter. Revenue by Segment The Display Technologies segment generated around 39% of total revenue. The segment grew 7.2% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Airgas Beats, Guides Well Posted: 27 Oct 2011 01:56 PM PDT Airgas Inc. (NYSE:ARG) reported fiscal second-quarter 2012 results, delivering an EPS of $1.01 compared with 78 cents in the year-earlier quarter. The quarter noted some asset impairment charge of 2 cents. Excluding this, adjusted EPS rose to $1.03 from 83 cents in the year-ago quarter, beating the Zacks Consensus Estimate of $1.02. Total revenue in the reported quarter rose 12% year over year to $1.19 billion, above the Zacks Consensus Estimate of $1.16 billion. Sales from same stores were … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Not Sustainable Posted: 27 Oct 2011 01:55 PM PDT A greater share of what Americans take in is coming from the government (chart via EconomPic) –   While more of what they pay out is going towards the necessities – “Spending and Depression Aren't Mutually Exclusive” (Real Time Economics) Maybe the seeming divide between consumer spending and sentiment isn't as wide as some think. Although consumer confidence is stuck at recessionary levels, today's GDP report and other data indicate Americans are still increasing spending. But, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up At The End Of U.S. Session Posted: 27 Oct 2011 01:55 PM 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 1.4188, up 2.02% at time of writing. The pair was likely to find support at 1.3800, Wednesday's low, and resistance at 1.4246, today's high. Earlier in the day, preliminary official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 2.5% in the last quarter from 1.3% in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Symantec Reports Decent 2Q Posted: 27 Oct 2011 01:45 PM PDT Symantec Corporation (NASDAQ:SYMC) reported earnings per share of 39 cents in the second quarter of 2012, beating the Zacks Consensus Estimate of 34 cents. Revenue Symantec reported second quarter 2012 GAAP revenue of $1.68 billion, up 14.0% from $1.48 billion reported in the year-ago quarter. However, reported revenue improved 9.0% on a constant currency basis. The results for the quarter were mainly driven by growth in enterprise security and backup, while the consumer business of the company … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Down Toward The End Of U.S. Session Posted: 27 Oct 2011 01:40 PM PDT Forexpros – The U.S. Dollar was lower against the Japanese Yen on Thursday after the release of U.S. data on GDP. USD/JPY was trading at 75.98, down 0.26% at time of writing. The pair was likely to find support at 75.66, today's low, and resistance at 76.48, Monday's high. Earlier in the day, preliminary official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 2.5% in the last quarter from 1.3% in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Visa Exits Assured From Fiscal 2011 Posted: 27 Oct 2011 01:32 PM PDT Visa Inc.'s (NYSE:V) fiscal fourth quarter 2011 (ended September 30, 2011) operating earnings of $1.27 per Class A common share were triple pennies ahead of the Zacks Consensus Estimate. Results also substantially exceeded $1.06 per share reported in the year-ago quarter on lower share count. Visa's GAAP net income for the quarter stood at $880 billion, jumping 13.7% from $774 million in the year-ago quarter. Operating income escalated 22.4% year over year to $1.36 billion. Total GAAP … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Johnson Controls Misses By A Penny Posted: 27 Oct 2011 01:32 PM PDT Johnson Controls Inc. (NYSE:JCI) saw a 25% increase in profit to 75 cents per share in the fourth quarter of its fiscal year ended September 30, 2011 from 60 cents per share in the same quarter of prior fiscal year (all excluding non-recurring items). However, the profit was lower than the Zacks Consensus Estimate by a penny. In absolute terms, profit was $514 million versus $409 million in the fourth quarter of 2010 (all excluding non-recurring items). Net sales in the quarter appreciated 19% to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dow Posts Excellent 3Q Results Posted: 27 Oct 2011 01:29 PM PDT The Dow Chemical Company (NYSE:DOW) earned 69 cents per share in the third quarter of 2011, ahead of the Zacks Consensus Estimate of 64 cents per share as well as last year's 45 cents per share. However, including one-time charges, the company earned 62 cents per share compared with 54 cents per share in the year-ago quarter. Quarterly revenues jumped 17% year over year to $15.1 billion and were above the Zacks Consensus Estimate of $14.7 billion, driven by double-digit gains in all operating … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

P&G In Line, Maintains Outlook Posted: 27 Oct 2011 01:29 PM PDT Procter & Gamble Co. (NYSE:PG) reported modest results for the first quarter 2012,with net earnings from continuing operations inching up 1.0% year over year to $1.03 a share, which were in line with the  Zacks Consensus Estimate. Profits were driven by efforts to enhance productivity and cost-saving initiatives. Procter & Gamble forecasts second-quarter 2012 net earnings from continuing operations and core earnings to be in the range of $1.05 to $1.11 per share, a decrease of 7%-2% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up Toward The End Of U.S. Session Posted: 27 Oct 2011 01:25 PM 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 1.4189, up 2.04% at time of writing. The pair was likely to find support at 1.3800, Wednesday's low, and resistance at 1.4246, today's high. Earlier in the day, preliminary official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 2.5% in the last quarter from 1.3% in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CA Beats On Higher Revenue Posted: 27 Oct 2011 01:23 PM PDT CA Inc. (NASDAQ:CA) reported second quarter 2012 adjusted earnings per share (EPS) of 49 cents, surpassing the Zacks Consensus Estimate of 46 cents. Revenue Revenue of $1.20 billion increased 10.0% from $1.08 billion reported in the year-ago quarter. During the second quarter, the company witnessed strong demand for its security management solutions and significant improvement in the mainframe business. Moreover, the upside in revenue was also driven by organic products growth. About 61.0% of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BMC Tops Estimates, Bookings Tumble Posted: 27 Oct 2011 01:18 PM PDT BMC Software Inc. (NYSE:BMC) reported second quarter 2012 earnings per share of 75 cents, surpassing the Zacks Consensus Estimate of 71 cents. Revenue Reported revenue of $556.7 million increased 10.8% year over year. During the quarter, BMC witnessed a number of cloud wins. Moreover, the company currently has a strong line up of new cloud deals. Another strategic imperative on the company's part is to become the leader in Software-as-a-Service (S-a-a-S) management. The company added a number of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Markets Close Higher; Dow Jones Up 2.86% Posted: 27 Oct 2011 01:15 PM PDT Forexpros – U.S. stocks were up after the closing bell on Thursday. At the close of U.S. trade, the Dow Jones Industrial Average rose 2.86%, the S&P 500 index gained 3.43%, while the Nasdaq 100 index climbed 2.79%. Earlier in the day, preliminary official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 2.5% in the last quarter from 1.3% in the preceding quarter. Analysts had expected U.S. gross domestic product to rise … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bristol-Myers Tops, Adjusts View Posted: 27 Oct 2011 01:11 PM PDT Bristol-Myers Squibb Company's (NYSE:BMY) third quarter 2011 earnings (excluding special items) of $0.61 per share surpassed the Zacks Consensus Estimate by $0.03 and the year-ago earnings by $0.02. Higher revenues boosted earnings in the reported quarter. On a reported basis (including special items), Bristol-Myers' earnings in the quarter increased 2% to $0.56 per share. The healthcare reform enacted in 2010 negatively impacted earnings in the reported quarter by $0.04. Quarter in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Franklin Lags Estimates Posted: 27 Oct 2011 01:11 PM PDT Franklin Resources Inc.'s (NYSE:BEN) fourth-quarter 2011 earnings of $1.88 per share were below the Zacks Consensus Estimate of $1.99 per share. Results were affected by higher operating expenses and lower assets under management (AUM). Moreover, the results lagged earnings of $2.26 per share in the prior quarter, but were ahead of earnings of $1.65 per share in the prior-year quarter. For fiscal 2011, earnings per share were $8.62 versus $6.33 in the prior year. However, earnings lagged the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Up During The U.S. Session Posted: 27 Oct 2011 12:55 PM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Thursday after the release of U.S. data on GDP. GBP/USD was trading at 1.6083, up 0.68% at time of writing. The pair was likely to find support at 1.5891, Wednesday's low, and resistance at 1.6142, today's high. Earlier in the day, preliminary official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 2.5% in the last quarter from 1.3% in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CNO Financial Reports EPS In Line Posted: 27 Oct 2011 12:35 PM PDT CNO Financial Group Inc. (NYSE:CNO) announced its third-quarter 2011 net operating income of $46.5 million or 17 cents per share, at par with the Zacks Consensus Estimate. Operating earnings for the year-ago quarter were $47.1 million or 16 cents per share. The reduced income was the result of poor top-line performance in most business segments. EPS increased due to reduced number of outstanding shares. CNO Financial's net income jumped to $196.0 million or 66 cents per share, showing an … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Down In U.S. Trading Hours Posted: 27 Oct 2011 12:30 PM PDT Forexpros – The U.S. Dollar was lower against the Swiss Franc on Thursday after the release of U.S. data on GDP. USD/CHF was trading at 0.8606, down 2.33% at time of writing. The pair was likely to find support at 0.8570, today's low, and resistance at 0.8878, Monday's high. Earlier in the day, preliminary official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 2.5% in the last quarter from 1.3% in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CAD Down In U.S. Trade Posted: 27 Oct 2011 12:10 PM PDT Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Thursday after the release of U.S. data on GDP. USD/CAD was trading at 0.9911, down 1.30% at time of writing. The pair was likely to find support at 0.9897, today's low, and resistance at 1.0212, Tuesday's high. Earlier in the day, preliminary official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 2.5% in the last quarter from 1.3% in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up In U.S. Trading Hours Posted: 27 Oct 2011 11:45 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 1.4209, up 2.18% at time of writing. The pair was likely to find support at 1.3800, Wednesday's low, and resistance at 1.4246, today's high. Earlier in the day, preliminary official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 2.5% in the last quarter from 1.3% in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Real GDP Recovers To Above Its Pre-Recession Level Posted: 27 Oct 2011 11:40 AM PDT The BEA reported today on third quarter GDP, here are some hightlights: 1. Nominal GDP was $15,159 billion in the third quarter and real GDP (in 2005 dollars) reached a new all-time high of $13,353 billion, putting real output above the early-recession peak (and previous record high) of $13,310 billion in the second quarter of 2008.   2. Real GDP grew at 2.5% in the third quarter and this marks the ninth consecutive quarter of real output growth starting in the third quarter of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Up In U.S. Trade Posted: 27 Oct 2011 11:15 AM PDT Forexpros – The Australian Dollar was higher against the U.S. Dollar on Thursday after the release of U.S. data on GDP. AUD/USD was trading at 1.0737, up 3.26% at time of writing. The pair was likely to find support at 1.0315, Monday's low, and resistance at 1.0753, today's high. Earlier in the day, preliminary official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 2.5% in the last quarter from 1.3% in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Stock Trading On Friday, October 28, 2011 Posted: 27 Oct 2011 05:04 AM PDT By ForexMansion.com The Trend Trader for the Dow 30 Stocks For Trading On Friday, October 28, 2011 In alphabetical order by symbol Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading AA – Alcoa Inc 11.34 + 9.46 10.61 10.04 Bullish AXP – American Express Company 52.06 + 3.19 50.57 47.21 Bullish BA – Boeing Co 67.49 + 1.40 66.21 63.52 Bullish BAC – Bank of America Corporation 7.22 + 9.56 6.74 6.45 Bullish CAT – Caterpillar Inc 96.33 + … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Friday, October 28, 2011 Posted: 27 Oct 2011 05:04 AM PDT By ForexMansion.com The Trend Trader for ETFs For Trading On Friday, October 28, 2011 The top 40 ETFs by net assets In alphabetical order by symbol Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading AGG – iShares Lehman Aggregate Bd Fd 109.08 − 0.38 109.44 109.35 Bearish BND – Vanguard Total Bond Market ETF 82.95 − 0.52 83.32 83.12 Bearish DBC – DB Commodity Index Tracking Fd 28.27 + 2.65 27.83 27.17 Bullish DIA – SPDR DJ Industrial Average … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Futures Trading On Friday, October 28, 2011 Posted: 27 Oct 2011 05:04 AM PDT By ForexMansion.com The Trend Trader for Futures For Trading On Friday, October 28, 2011 INDICES Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading S&P 500 – Dec ESZ1 1282.50 + 3.64 1246.64 1219.08 Bullish Dow Jones – Dec YMZ1 12168 + 3.01 11864 11584 Bullish Nasdaq – Dec NQZ1 2393.75 + 2.89 2348.58 2324.75 Bullish Russell – Dec TFZ1 763.20 + 5.59 731.18 699.30 Bullish INTEREST RATES US T-Bond – Dec ZBZ1 135-13 − … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Forex Trading On Friday, October 28, 2011 Posted: 27 Oct 2011 05:04 AM PDT By ForexMansion.com The Trend Trader for Forex For Trading On Friday, October 28, 2011 THE BIG SIX Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading AUDUSD – Aust Dollar / US Dollar 1.0729 + 3.18 1.0482 1.0289 Bullish EURUSD – Euro / US Dollar 1.4187 + 2.01 1.3966 1.3819 Bullish GBPUSD – British Pound / US Dollar 1.6096 + 0.76 1.6010 1.5851 Bullish USDCAD – US Dollar / Canadian Dollar 0.9904 − 1.33 1.0052 1.0125 Bearish USDCHF – US Dollar / … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily Commodities Update: Heating Oil Posted: 27 Oct 2011 02:01 AM PDT By ForexMansion.com By Jonah S. Ford Autochartist has identified a Triangle breakout on the 240-minute Heating Oil chart, signaling a possible move to new highs for the month. This move higher is in sympathy with strong gains across the energy complex as well as the stock market, adding confidence to the potential for follow through to complete this chart pattern. Heating Oil has been trading sideways inside the formation for several weeks, bouncing back from trend line resistance on multiple … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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