DailyMarkets.com - Nokia Sees Profit In 3Q11 |
- Nokia Sees Profit In 3Q11
- Maxwell Expands, Creates Jobs
- Net Income Declines At Xilinx
- Quality Systems Wins 4 Awards
- SCIE: Near-Term Product Launch. Initiating At Outperform
- Thursday Positive Economic News Roundup
- Edwards A Penny Shy, Beats Sales
- Fifth Third Tops, Revs Up
- Fuel Contracts Dampen Southwest 3Q
- Kinder Morgan Falls Shy Of Estimate
- Forex – NZD/USD Up During The U.S. Session
- Continuing Claims Rise, Extended Claims Fall
- Baxter Surpasses, Maintains View
- J. C. Penney Walks The Tightrope
- “All Eyes On Europe…everything Is Rumor-driven”
- Noble Mixed Results, Outlook Bright
- Watsco Misses Zacks Estimates
- EnCana Beats Expectations In 3Q
- AT&T Meets EPS, Sales Slip
- McGraw-Hill Misses, Eyes Growth
- NY Times Beats On Bottom-Line
- BSX Beats On EPS, Revs Miss
- Newfield Misses Despite Vol Growth
- Initial Jobless Claims Edge Down
- European Markets Close Lower; Dax Down 2.49%
- Philippines Central Bank Keeps Policy Rate At 4.50%
- Westamerica Misses By A Penny
- Forex – GBP/USD Down In U.S. Trade
- Sallie Mae Reports In Line
- Polycom Disappoints, Shares Tumble (revised)
- Bank Of Ghana Keeps Lending Rate At 12.50%
- Holding Pattern For The Loonie
- Forex Trading: EURUSD Steps Down…1.3681 Eyed
- Forex Trading: GBPUSD Squeezed Quickly Higher
- Forex Trading: EUR/CHF Turns Down From Resistance Confluence
- Forex Trading: EURUSD Below 1.3681 Resistance. But Bounced Off 200 Hour MA On 4 Hour
- Cubist Tops, Guides Up
- Growth In Manufacturing Data Lifts The Dollar
- Northern Trust Comes Short
- Union Pacific Posts Blockbuster 3Q
- Union Pacific Posts Blockbuster 3Q
- Europe, Geopolitics Mix With Earnings
- Aura Approved In Canada!
- Sempra Wins Solar Champion Award
- Early Christmas For Visa Investors
- Earnings Preview: Simon Property
- JAKKS Misses, Reaffirms Outlook
- Earnings Preview: Kansas City South.
- CVS’ New Kiosk For Social Networking
- Stryker’s EPS Trounces, Net Dips
- Ecolab Clinches HRM Award In China
- Wynn Resorts Misses In Q3
- MoneyGram Fixed At Neutral
- Texas Capital Tops Estimate
- Forex – EUR/USD Down At The End Of European Session
- Level 3 Completes Reverse Stock Split, Lists On NYSE
- Forex – EUR/USD Down Toward The End Of European Session
- Wall Street Weighs US Data, Earnings And Euro-zone Jitters
- Crude Oil Slightly Higher On Early EFSF Optimism
- Forex – USD/CAD Down On Economic Data
- Thursday Morning Check On Stock Market Internals
- Forex – EUR/USD Down On Economic Data
- Existing Home Sales Fall Less-than-expected
- Philly Fed Manufacturing Index Rises Unexpectedly
- Let’s End The Antiquated, Job-Killing Sugar Shaft
- Forex – USD/JPY Up On Economic Data
- European Markets See Steady Rise As Investors Await Greek Austerity Measure Vote
- DiamondCorp Fundraising Removes Debt Ahead Of Lace Mine Development Plans
| Posted: 20 Oct 2011 12:00 PM PDT Nokia Corp. (NYSE:NOK), the largest mobile phone manufacturer of the world, declared its third-quarter 2011 financial results, beating both the top line and bottom line estimates of the Zacks Consensus. This encouraging performance was primarily attributable to better than expected sales of its basic mobile phones. At present, Nokia is on the verge of introducing its much-hyped first smartphone using the Windows Phone 7 operating system of Microsoft Corp. (NASDAQ:MSFT).
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| Posted: 20 Oct 2011 11:50 AM PDT Maxwell Technologies Inc. (NASDAQ:MXWL) is opening a new facility in Peoria, Illinois, its first ever outside San Diego. An investment of $26 million for this operational expansion will ensure the creation of 150 new jobs at the facility.
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| Posted: 20 Oct 2011 11:35 AM PDT Programmable Logic Devices (PLD) maker Xilinx, Inc. (NASDAQ:XLNX) posted a net income of $126.3 million or $0.47 per diluted share in the second quarter of fiscal 2012, down 18% sequentially and 26% year over year. However, the result easily beat the Zacks Consensus Estimate of $0.44 per share.
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| Posted: 20 Oct 2011 11:30 AM PDT Leading EHR and health care IT ("HCIT") provider Quality Systems (NASDAQ:QSII) recently reported that it was declared winner in four categories of the International Business Awards, a part of the Stevie Awards. This awards program recognizes employees and companies globally for their contributions to business. The awards were handed out at a gala ceremony in Abu Dhabi, United Arab Emirates.
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| SCIE: Near-Term Product Launch. Initiating At Outperform Posted: 20 Oct 2011 11:25 AM PDT SCIE: Near-Term Product Launch. Initiating At Outperform We have initiated coverage of SpectraScience, Inc (SCIE) with an Outperform rating and $0.40 per share price target. See below for access to our full 16-page report on SpectraScience which includes a background on the company and their flagship product, WavSTAT4, an analysis of their near-term target markets, and our financial model and valuation … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Thursday Positive Economic News Roundup Posted: 20 Oct 2011 11:22 AM PDT There’s so much positive economic news coming out today that I’ll summarize the reports below instead of writing a separate post for each one: 1. Gallup’s measure of the U.S. unemployment rate dropped sharply to 8.3% in mid-October, from 9.2% at the end of August and from 10% a year ago (see chart above). The decrease suggests that the BLS could report an October jobless rate below 9.0%. 2. To meet burgeoning worldwide market demand for Boeing’s … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Edwards A Penny Shy, Beats Sales Posted: 20 Oct 2011 11:20 AM PDT Edwards Lifesciences Corporation (NYSE:EW) has reported an adjusted EPS of 38 cents in the third quarter of fiscal 2011, a penny below the Zacks Consensus Estimate, and missing the year-ago quarter's adjusted EPS of 43 cents. Revenues increased 18.3% to $412.7 million, exceeding the Zacks Consensus Estimate of $405 million.
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| Posted: 20 Oct 2011 11:10 AM PDT Fifth Third Bancorp's (NASDAQ:FITB) third-quarter 2011 net income of $373 million or 40 cents per share outpaced the Zacks Consensus Estimate of 33 cents.
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| Fuel Contracts Dampen Southwest 3Q Posted: 20 Oct 2011 11:00 AM PDT Before the opening bell, the low-cost carrier Southwest Airlines Co. (NYSE:LUV) declared its third quarter 2011 adjusted earnings of 15 cents per share. The quarter's results beat the Zacks Consensus Estimate of 13 cents but remained below the year-ago earnings of 26 cents mainly due to the negative impacts of fuel hedging, which suffered losses following the drop in fuel price.
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| Kinder Morgan Falls Shy Of Estimate Posted: 20 Oct 2011 10:50 AM PDT Kinder Morgan Energy Partners L.P.'s (NYSE:KMP) third quarter 2011 earnings of 44 cents per limited partner unit (excluding certain items) fell short of the Zacks Consensus Estimate of 46 cents. However, the quarterly results were significantly above the year-ago profit of 23 cents.
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| Forex – NZD/USD Up During The U.S. Session Posted: 20 Oct 2011 10:45 AM PDT Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Thursday after the release of U.S. data on Philadelphia Fed Manufacturing Index. NZD/USD was trading at 0.7926, up 0.09% at time of writing. The pair was likely to find support at 0.7862, Tuesday's low, and resistance at 0.8068, Monday's high. Earlier in the day, official data showed that Manufacturing activity in the state of Philadelphia rose unexpectedly to a seasonally adjusted 8.7 last month from -17.5 in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Continuing Claims Rise, Extended Claims Fall Posted: 20 Oct 2011 10:40 AM PDT Continuing Claims for Unemployment Benefits rose by 25,000 this week to 3.719 million. In addition, last week's level was revised up by 24,000. However, the overall trend is in the right direction. They are down by 700,000 or 15.8% from a year ago. Regular claims are paid by the state governments, and run out after just 26 weeks. The graph below shows the long-term history of continuing claims for unemployment, as well as the percentage of the covered workforce that is receiving regular … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Baxter Surpasses, Maintains View Posted: 20 Oct 2011 10:40 AM PDT Baxter International Inc. (NYSE:BAX) reported third-quarter 2011 adjusted (excluding one-time items) earnings per share of $1.09, just beating the Zacks Consensus Estimate of $1.08, and surpassing the year-ago earnings of $1.01. The results were in line with Baxter's earlier guidance of $1.07 to $1.09.
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| J. C. Penney Walks The Tightrope Posted: 20 Oct 2011 10:30 AM PDT J. C. Penney Company Inc. (NYSE:JCP), a leading retailer of apparel and footwear, accessories, fashion jewelry, beauty products and home furnishings, is trying every means to tide over a distressed economy. A close look at its attempts convinces us about our recommendation on the stock that is currently at Neutral.
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| “All Eyes On Europe…everything Is Rumor-driven” Posted: 20 Oct 2011 10:30 AM PDT 10/20/11 DME Securities’ Warren Meyers discusses uncertainty over the Euro-zone and the latest economic data and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Noble Mixed Results, Outlook Bright Posted: 20 Oct 2011 10:25 AM PDT Independent oil and gas producer Noble Energy Inc. (NYSE:NBL) reported adjusted earnings per share of $1.24 for the third quarter of 2011, which surpassed the Zacks Consensus Estimate of $1.03. The quarterly results were 3 cents lower than the year-ago earnings of $1.27 per share reported by the company.
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| Posted: 20 Oct 2011 10:25 AM PDT Watsco Inc. (NYSE:WSO) reported fiscal 2011 third quarter results, registering an EPS of $1.02, a 5% increase over 97 cents reported in the year-earlier quarter, but below the Zacks Consensus Estimate of $1.14.
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| EnCana Beats Expectations In 3Q Posted: 20 Oct 2011 10:25 AM PDT Canada's largest natural gas producer EnCana Corp. (NYSE:ECA) reported strong third quarter results, primarily reflecting higher volumes, but partially offset by low natural gas prices.
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| Posted: 20 Oct 2011 10:20 AM PDT Before the opening bell, the second-largest U.S. mobile service provider AT&T Inc. (NYSE:T) reported its third quarter adjusted earnings per share (EPS) of 61 cents. The quarter's EPS matched the Zacks Consensus Estimate and improved 13% from the year-ago quarter.
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| McGraw-Hill Misses, Eyes Growth Posted: 20 Oct 2011 10:20 AM PDT The McGraw-Hill Companies Inc. (NYSE:MHP), a publisher and provider of financial information and media services, recently posted soft third-quarter 2011 results. The quarterly earnings of $1.21 a share missed the Zacks Consensus Estimate by couple of cents, and remained flat from the prior-year quarter's earnings.
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| Posted: 20 Oct 2011 10:20 AM PDT The New York Times Company (NYSE:NYT) recently posted better-than-expected third-quarter 2011 results. The quarterly earnings of 5 cents a share beat the Zacks Consensus Estimate of 3 cents, but dropped 28.6% from 7 cents earned in the prior-year quarter.
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| Posted: 20 Oct 2011 10:20 AM PDT Boston Scientific Corporation (NYSE:BSX) reported an EPS of 9 cents during the third quarter of fiscal 2011 compared with 12 cents in the year-ago period. However, after considering certain adjustments (other than amortization expense), the adjusted EPS came in at 10 cents beating the Zacks Consensus Estimate of 8 cents, but missing the year-ago quarter's adjusted EPS of 12 cents.
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| Newfield Misses Despite Vol Growth Posted: 20 Oct 2011 10:20 AM PDT Newfield Exploration Co. (NYSE:NFX) has reported adjusted third-quarter 2011 earnings of $1.04 per share, which missed the Zacks Consensus Estimate of $1.16 and came in below the year-earlier profit of $1.10. The underperformance was primarily due to higher operating expenses.
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| Initial Jobless Claims Edge Down Posted: 20 Oct 2011 10:10 AM PDT Initial Claims for Unemployment Insurance continue to hover just above the key 400,000 level. This week they fell by 6,000 but only after the previous week was revised up by 5,000. So regardless if you count it as a drop of 6,000 or 1,000, we are still at 403,000. This was slightly better than the expected level of 404,000. Basically, no change and in line with expectations. We can't seem to break through the 400,000 level and stay there, but at least we are staying in the vicinity. If the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| European Markets Close Lower; Dax Down 2.49% Posted: 20 Oct 2011 10:05 AM PDT Forexpros – European stocks were down after the closing bell on Thursday. At the close of European trade, Germany's DAX fell 2.49%, London's FTSE 100 shed 1.21%, France's CAC 40 declined 2.32% and the EURO STOXX 50 was down 2.50%. Earlier in the day, official data showed that Manufacturing activity in the state of Philadelphia rose unexpectedly to a seasonally adjusted 8.7 last month from -17.5 in the preceding month. Analysts had expected Philly Fed manufacturing index to fall -9.5 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Philippines Central Bank Keeps Policy Rate At 4.50% Posted: 20 Oct 2011 10:02 AM PDT The Bangko Sentral ng Pilipinas kept its overnight borrowing rate unchanged at 4.50% and the overnight lending rate at 6.50%, and kept reserve requirements unchanged at 21%. The Bank said: “The Monetary Board’s assessment of a manageable inflation environment and subdued economic conditions continues to support current monetary policy settings. Latest average baseline forecasts show a lower inflation path, consistent with the 3-5 percent target range for 2011-2013, while … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 20 Oct 2011 10:00 AM PDT Westamerica Bancorp. (NASDAQ:WABC) reported its third quarter 2011 earnings of 79 cents per share, a penny below the Zacks Consensus Estimate. Though it was favorable compared with the prior quarter's earnings of 74 cents per share, it was below the prior-year quarter's earnings of 81 cents per share.
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| Forex – GBP/USD Down In U.S. Trade Posted: 20 Oct 2011 10:00 AM PDT Forexpros – The British Pound was lower against the U.S. Dollar on Thursday after the release of U.S. data on Existing Home Sales. GBP/USD was trading at 1.5746, down 0.18% at time of writing. The pair was likely to find support at 1.5632, Tuesday's low, and resistance at 1.5848, Wednesday's high. Earlier in the day, industry data showed that existing home sales fell less-than-expected to a seasonally adjusted annual rate of 4.91M last month from 5.06M in the preceding month whose … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 20 Oct 2011 09:55 AM PDT SLM Corp.(NYSE:SLM) better known as Sallie Mae, reported third-quarter 2011 core earnings of $188 million or 36 cents per share, in line with the Zacks Consensus Estimate. The results compare unfavorably with the prior-year quarter's core earnings of $202 million or 37 cents per share.
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| Polycom Disappoints, Shares Tumble (revised) Posted: 20 Oct 2011 09:55 AM PDT Yesterday, after market close, Polycom Inc. (NASDAQ:PLCM) declared highly disappointing financial results for the third quarter of 2011. Soaring operating expenses and a fall in revenue from large enterprises are the primary reasons for this poor performance. We remain concerned regarding the continuation of tech spending by business enterprises under an extremely volatile macro-economic scenario. In synergy with these negative factors, the stock price of Polycom fell by $3.36 (15.39%) in the after … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Bank Of Ghana Keeps Lending Rate At 12.50% Posted: 20 Oct 2011 09:47 AM PDT The Bank of Ghana kept its key lending rate steady at 12.50%. Bank of Ghana Governor, Kwesi Amissah-Arthur, said: “Looking ahead, wage pressures, payment arrears and recent depreciation of the exchange rate have increased the upside risks to inflation. In the short-term, the impact of these underlying inflationary pressures on the economy remains contained. The Bank’s inflation forecasts show that the end year target will be achieved. Movements in the exchange rate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Holding Pattern For The Loonie Posted: 20 Oct 2011 09:34 AM PDT Thursday, October 20th
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| Forex Trading: EURUSD Steps Down…1.3681 Eyed Posted: 20 Oct 2011 09:34 AM PDT Some order has returned to the EURUSD and the downside has won. The order has come by using the 1.3738 level (200 hour MA) as the level to lean against and the price has rotated to new NY lows. The pair is approaching support against the 1.3681 level. This is 38.2% of the move down from the August high. It is also a level which provided support and resistance over the last month / few weeks of trading (see … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex Trading: GBPUSD Squeezed Quickly Higher Posted: 20 Oct 2011 09:34 AM PDT The GBPUSD squezed quickly higher toward the resistance at the 1.5722-26 area. The price has moved above the level and looks toward the the 100 and 20 bar MA on the 5 minute chart. The market will be eyeing the action around the levels on the correction. ON the downside, the 1.5686 to 1.5696 level was a support area coming into today. The low today has come in at the 1.5680 level before the squeeze higher. A move below this area on the downside (and staying below) … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex Trading: EUR/CHF Turns Down From Resistance Confluence Posted: 20 Oct 2011 09:34 AM PDT EUR/CHF (daily chart) as of Thursday (10/20/2011) has hit and tentatively respected a key resistance confluence that includes both a long-term descending resistance trend line extending back almost two years, and a key support/resistance line at the important 1.2400 level. Therefore, price is currently at a critical juncture. This occurs after price action rose dramatically (around 2400 pips in total) in a substantial bullish correction extending back to the early August all-time low just … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex Trading: EURUSD Below 1.3681 Resistance. But Bounced Off 200 Hour MA On 4 Hour Posted: 20 Oct 2011 09:33 AM PDT Bias is down below 1.3681 area, with a break of the 1.3654 being the next key level to target. I normally do not watch the 4 hour chart but fellow twitterer "butchbelano" (http://twitter.com/butchbelano ) brought it to my attention. I have to give it credence as another target for the bears. The low came in at 1.3655.
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| Posted: 20 Oct 2011 09:30 AM PDT Cubist Pharmaceuticals Inc.'s (NASDAQ:CBST) third quarter 2011 earnings (excluding special items but including stock-based compensation expense) of 76 cents per share raced past the Zacks Consensus Estimate by 44 cents. Results in the quarter were helped by strong sales of antibiotic injection, Cubicin (daptomycin). Earnings surpassed the year-ago adjusted earnings by 6 cents.
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| Growth In Manufacturing Data Lifts The Dollar Posted: 20 Oct 2011 04:30 AM PDT 10/20/11 The Us dollar got a lift this afternoon against its major counterparts following a surprising rise in the Philly Fed manufacturing index for the first time in three … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 20 Oct 2011 09:16 AM PDT Northern Trust Corporation's (NASDAQ:NTRS) third-quarter 2011 earnings of 71 cents per share outpaced the Zacks Consensus Estimate by 1 cent per share. The increase was marked by higher net interest income and improved client network.
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| Union Pacific Posts Blockbuster 3Q Posted: 20 Oct 2011 09:11 AM PDT The U.S. freight railroad giant Union Pacific Corp. (NYSE:UNP) reported record breaking financial results for the third quarter of 2011. Quarterly net income was a historic-high at $904 million or $1.85 per share compared with a net income of $778 million or $1.56 per share in the year-ago quarter. The second-quarter EPS of $1.85 easily beat the Zacks Consensus Estimate of $1.81.
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| Union Pacific Posts Blockbuster 3Q Posted: 20 Oct 2011 09:08 AM PDT The U.S. freight railroad giant Union Pacific Corp. (NYSE:UNP) reported record breaking financial results for the third quarter of 2011. Quarterly net income was a historic-high at $904 million or $1.85 per share compared with a net income of $778 million or $1.56 per share in the year-ago quarter. The second-quarter EPS of $1.85 easily beat the Zacks Consensus Estimate of $1.81.
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| Europe, Geopolitics Mix With Earnings Posted: 20 Oct 2011 09:01 AM PDT We have a slew of earnings and economic reports to keep the market engaged today, but it may still be difficult for stocks to ignore developments in Europe in the run up to the weekend summit meeting. The earnings season is proceeding as expected, with no major negative surprises, though it is a little weaker thus far than what we saw in the second quarter. Given some of the more exaggerated fears, however, quarterly results are just fine. On the economy front, the Jobless Claims data was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 20 Oct 2011 09:01 AM PDT Aura Approved in Canada! Brian Marckx, CFA Health Canada Approval Verisante will now begin preparations for the roll-out in Canada. CE Mark for approval to sell Aura in Europe and Australia is next in line – which could come … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Sempra Wins Solar Champion Award Posted: 20 Oct 2011 09:01 AM PDT Sempra Generation, a wholly owned subsidiary of Sempra Energy (NYSE:SRE), has received the 2011 Solar Energy Industries Association Solar Champion Award in the Project Developer category. The award was announced at the Solar Power International 2011 conference in Dallas.
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| Early Christmas For Visa Investors Posted: 20 Oct 2011 09:01 AM PDT Basking after a good fiscal third quarter, the board of Visa Inc. (NYSE:V) made yesterday eventful by announcing a 47% hike in its regular quarterly dividend, thereby inflating shareholder value.
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| Earnings Preview: Simon Property Posted: 20 Oct 2011 09:00 AM PDT Simon Property Group Inc. (SPG), a real estate investment trust (REIT), is scheduled to report its third quarter 2011 earnings before the market opens on October 25, 2011. The current Zacks Consensus Estimate for the third quarter is pegged at $1.67 per share, representing an annualized growth of 60.3%.
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| JAKKS Misses, Reaffirms Outlook Posted: 20 Oct 2011 09:00 AM PDT JAKKS Pacific Inc.(NASDAQ:JAKK) reported third quarter 2011 adjusted earnings of $1.11 per share, below the Zacks Consensus Estimate of $1.24. Quarterly earnings improved considerably from $1.06 per share in the year-ago quarter. However, on a GAAP basis, reported earnings of $1.10 per share were below the year-ago quarter earnings of $1.23. The lower-than-expected results were due to negative top-line growth.
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| Earnings Preview: Kansas City South. Posted: 20 Oct 2011 09:00 AM PDT Kansas City Southern (NYSE:KSU) is slated to release its third quarter 2011 results on Friday, October 21, before the opening bell. The current Zacks Consensus Estimate for the third quarter is pegged at 75 cents, representing an annualized growth of 52.65%.
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| CVS’ New Kiosk For Social Networking Posted: 20 Oct 2011 09:00 AM PDT Recently, CVS/pharmacy, the retail division of CVS Caremark Corporation (NYSE:CVS), collaborated with Eastman Kodak (NYSE:EK) to make Social Network Connectivity available at all CVS/pharmacy Photo Centers with Kodak Picture Kiosks. Effective immediately, this new feature will allow CVS/pharmacy customers to print images directly from social networking site Facebook without the help of digital camera, USB drive or smartcard into the store. With almost 140 billion photos already there on Facebook and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Stryker’s EPS Trounces, Net Dips Posted: 20 Oct 2011 09:00 AM PDT Stryker Corporation’s (NYSE:SYK) earnings topped expectation in third-quarter 2011 but a sizable acquisition charge dragged down profits for the quarter masking a double-digit growth in the top line. The Michigan-based orthopedic devices major posted adjusted earnings per share of 91 cents, exceeding the Zacks Consensus Estimate of 89 cents and the year-ago earnings of 80 cents.
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| Ecolab Clinches HRM Award In China Posted: 20 Oct 2011 09:00 AM PDT Leading cleaning and sanitation products company Ecolab Inc (NYSE:ECL) has been named as one of the top 100 companies in China for human resource management for two years in a row.
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| Posted: 20 Oct 2011 09:00 AM PDT Wynn Resorts Ltd. (WYNN) reported third quarter 2011 adjusted earnings of $1.05 per share. The quarter's earnings missed the Zacks Consensus Estimate of $1.17 but improved considerably from 39 cents earned in the prior-year quarter. On a GAAP basis, earnings per share were $1.01 versus a loss of 27 cents recorded in the comparable quarter last year.
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| Posted: 20 Oct 2011 09:00 AM PDT We have reiterated our Neutral recommendation on MoneyGram International Inc. (NYSE:MGI) based on improved capital structure and earning prospects due to the successful restructuring, offset by poor operating results in the second quarter of 2011 and the ongoing economic volatility.
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| Posted: 20 Oct 2011 09:00 AM PDT Texas Capital Bancshares Inc. (NASDAQ:TCBI) reported third-quarter 2011 operating earnings of 56 cents per share, which came well ahead of the Zacks Consensus Estimate of 50 cents. The results were, however, well above the prior-year quarter's earnings of 25 cents per share.
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| Forex – EUR/USD Down At The End Of European Session Posted: 20 Oct 2011 09:00 AM PDT Forexpros – The Euro was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims. EUR/USD was trading at 1.3672, down 0.64% 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 U.S. Initial Jobless Claims fell less-than-expected to a seasonally adjusted 403K last week from 409K in the preceding week whose figure was revised up … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Level 3 Completes Reverse Stock Split, Lists On NYSE Posted: 20 Oct 2011 03:58 AM PDT 10/20/11 Level 3 Communications rang the Opening Bell to celebrate its listing on the NYSE. The company’s President and COO, Jeff Storey and Executive Vice President and CFO, Sunil Patel discuss recent changes and the near-term … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – EUR/USD Down Toward The End Of European Session Posted: 20 Oct 2011 08:40 AM PDT Forexpros – The Euro was lower against the U.S. Dollar on Thursday after the release of U.S. data on Existing Home Sales. EUR/USD was trading at 1.3696, down 0.47% 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, industry data showed that existing home sales fell less-than-expected to a seasonally adjusted annual rate of 4.91M last month from 5.06M in the preceding month whose figure was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Wall Street Weighs US Data, Earnings And Euro-zone Jitters Posted: 20 Oct 2011 08:05 AM PDT 10/20/11 US equity averages turn mixed on slew of data and earnings reports. Greece’s austerity vote will be watched, as protests in Athens continue for a second … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Crude Oil Slightly Higher On Early EFSF Optimism Posted: 20 Oct 2011 08:00 AM PDT 10/20/11 Front month crude prices were on the upside this morning marginally on early signs of EFSF … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – USD/CAD Down On Economic Data Posted: 20 Oct 2011 07:55 AM PDT Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Thursday after the release of U.S. data on Existing Home Sales. USD/CAD was trading at 1.0194, down 0.14% at time of writing. The pair was likely to find support at 1.0044, Monday's low, and resistance at 1.0264, Tuesday's high. Earlier in the day, industry data showed that existing home sales fell less-than-expected to a seasonally adjusted annual rate of 4.91M last month from 5.06M in the preceding month whose … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Thursday Morning Check On Stock Market Internals Posted: 20 Oct 2011 07:53 AM PDT With US Equity Indexes threatening a breakthrough above key overhead resistance, what are market internals hinting about the current state of the market and the strength of the recent rally? We're seeing the "Big Three" market internals – Breadth ($ADD), NYSE TICK, and Volume Difference of Breadth ($VOLD). Internals allow us a chance to look 'under the hood' of the market to peek at underlying strength or weakness that we … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – EUR/USD Down On Economic Data Posted: 20 Oct 2011 07:20 AM PDT Forexpros – The Euro was lower against the U.S. Dollar on Thursday after the release of U.S. data on Philadelphia Fed Manufacturing Index. EUR/USD was trading at 1.3747, down 0.09% 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 Manufacturing activity in the state of Philadelphia rose unexpectedly to a seasonally adjusted 8.7 last month from -17.5 in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Existing Home Sales Fall Less-than-expected Posted: 20 Oct 2011 07:10 AM PDT Forexpros – U.S. existing home sales fell less-than-expected last month, industry data showed on Thursday. In a report, the National Association of Realtors said that home sales fell to 4.91M, from 5.06M in the preceding month whose figure was revised up from 5.03M. Analysts had expected existing home sales to fall to 4.90M last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Philly Fed Manufacturing Index Rises Unexpectedly Posted: 20 Oct 2011 07:10 AM PDT Forexpros – Manufacturing activity in the state of Philadelphia rose unexpectedly last month, official data showed on Thursday. In a report, Federal Reserve Bank of Philadelphia said that Philly Fed manufacturing index rose to a seasonally adjusted 8.7, from -17.5 in the preceding month. Analysts had expected Philly Fed manufacturing index to fall -9.5 last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Let’s End The Antiquated, Job-Killing Sugar Shaft Posted: 20 Oct 2011 06:32 AM PDT From Sen. Jeanne Shaheen (D-N.H.) and Sen. Mark Kirk (R-Ill.), co-sponsors of the Stop Unfair Giveaways and Restrictions Act, writing in Politico: “U.S. sugar policy is rigged in favor of a handful of large sugar producers — at the expense of everyone else. This is costing consumers and sugar-using businesses $4 billion a year according to a study due to be released Wednesday (MP: That’s close to my estimate of $4.5 billion for 2010). The sugar program is outdated, unneeded and should go. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – USD/JPY Up On Economic Data Posted: 20 Oct 2011 06:30 AM PDT Forexpros – The U.S. Dollar was higher against the Japanese Yen on Thursday after the release of U.S. data on Initial Jobless Claims. USD/JPY was trading at 76.91, up 0.14% 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 U.S. Initial Jobless Claims fell less-than-expected to a seasonally adjusted 403K last week from 409K in the preceding week whose figure was revised up … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| European Markets See Steady Rise As Investors Await Greek Austerity Measure Vote Posted: 20 Oct 2011 01:15 AM PDT 10/20/11 NYFP’s Morning Market Report: The European markets are rebounding this morning on optimism over the expansion plans of the EFSF while Greece’s austerity measure vote is expected to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| DiamondCorp Fundraising Removes Debt Ahead Of Lace Mine Development Plans Posted: 20 Oct 2011 03:10 AM PDT Southern African diamond company Diamondcorp (LON:DCP) has raised £2.05 million before expenses in a share placing priced at 6.5p per share. The placing price was at a discount of 8.8 percent to the company's closing price of 7.125p earlier this week and the shares fell back by 5.7% to 6.125p during trading today. DiamondCorp said the new cash would be used to retire £1.3 million of debt and accrued interest owed to Africa Opportunity Fund LP and to fund corporate overheads and general … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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