DailyMarkets.com - Cardica Kicks Off Enrollment
DailyMarkets.com - Cardica Kicks Off Enrollment |
- Cardica Kicks Off Enrollment
- Dollar Tree Posts Strong 3Q
- IGT’s SbX Hits Pennsylvania Casinos
- Zimmer Acquires ExtraOrtho
- Higher Sales Drive Benihana
- SCIE Provides Business Update
- Perry Ellis Disappoints, Cuts Outlook
- Par Pharma Takes Over Anchen Pharma
- Forex – NZD/USD Up During The European Session
- Thanksgiving Meal For Ten Only $34.03 At Walmart
- Euro Rises As Bond Purchases Continue; Is Spain Set To Tap The EFSF?
- Marvell Profit Falls On Weak Rev
- Will Cattle Prices Mooove To New Highs In 2012?
- Two Charts On Natural Gas Vs. Oil Prices, Gas Is Now 75% Cheaper On An Energy-Equivalent Basis Vs. Oil
- Forex – EUR/CHF Down In European Trade
- Wet Seal Beats Estimates
- ECB: Let’s Move Forward; Super Committee: Um…
- Shoe Carnival Performs As Expected
- Stock Market News Briefs: Alcoa, Acco Brands, American Tower, Cadence Pharmaceuticals, Embraer-Empresa Brasileira De Aeronautica, Footlocker Inc, Micron Technology, Meadwestvaco, Children’s Place Retail Stores, Rambus, Sears Holdings, Zoll Medical Corporation
- Forex – USD/CAD Down In European Trading Hours
- Negative Comps Hits Gap’s Profit
- TDG Beats 4Q, Lags Full Year Est.
- Forex Trading: EURUSD Test 50% Of The Weeks Range And Finds Profit Takers
- The Daily Show: “LOL, Occupy Segregated”
- Sluggish 4Q For Central Garden
- Salesforce Beats On Top Line
- Forex – EUR/GBP Up During The European Session
- Top Management Churn At ANADIGICS (revised)
- Volcano Unveils ADVISE Study Result (revised)
- Forex – USD/CAD Down
- Canadian Consumer Price Inflation Rises More-than-expected
- Forex – AUD/USD Up In European Trading Hours
- Forex – USD/CHF Down During The European Session
| Posted: 18 Nov 2011 08:20 AM PST Surgical devices maker Cardica (NASDAQ:CRDC) has commenced enrolling patients in a European clinical trial designed to evaluate its Microcutter product line. The company is developing the Microcutter line of novel endoscopic stapling devices for use in a variety of surgeries that require cutting and stapling.
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| Posted: 18 Nov 2011 08:05 AM PST Dollar Tree Inc. (NASDAQ:DLTR) posted strong fiscal 2011 third-quarter earnings of 87 cents a share, up 19.2% from the year-ago earnings of 73 cents a share, surpassing its earnings guidance range of 77 cents to 83 cents. Moreover, quarterly earnings also beat the Zacks Consensus Estimate of 83 cents a share. Higher sales of Halloween goods and early snowstorm at some parts of the country benefited Dollar Tree to post robust quarterly results.
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| IGT’s SbX Hits Pennsylvania Casinos Posted: 18 Nov 2011 07:50 AM PST International Game Technology (IGT) recently announced that the Pennsylvania Gaming Control Board has agreed to allow casino operators in the state to install sbX casino management system on their floors.
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| Posted: 18 Nov 2011 07:35 AM PST Zimmer Holdings (NYSE:ZMH), a global orthopedic and surgical products company, has acquired Memphis-based medical device company ExtraOrtho. ExtraOrtho with its external fixation line, XtraFix External Fixation System, is expected to broaden Zimmer’s existing portfolio of trauma-care solutions and also bolster the company’s position in the external fixation market, which is estimated to be $820 million. However, financial terms of the deal have not been disclosed.
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| Posted: 18 Nov 2011 07:20 AM PST Benihana Inc. (NASDAQ:BNHN), the leading operator of Japanese restaurants in the U.S, reported earnings of 5 cents per share in the second quarter of 2012, which improved considerably from both the Zacks Consensus Estimate of break-even earnings and the year-ago quarter loss of 21 cents. The better-than-expected results were driven by higher sales.
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| Posted: 18 Nov 2011 07:10 AM PST Q3 2011 Results SpectraScience, Inc. (SCIE.PK) filed their 10-Q for the third quarter ending September 30, 2011 on November 14th. As expected, the company did not generate any revenue. Operating expenses were $1.19 million, slightly above our $973k estimate – the difference mostly confined to G&A expense but overall the variance is relatively insignificant. EPS came in at ($0.01), in-line with our estimate. SpectraScience exited the quarter … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Perry Ellis Disappoints, Cuts Outlook Posted: 18 Nov 2011 07:05 AM PST Perry Ellis International Inc. (NASDAQ:PERY) posted adjusted earnings per share of 40 cents in the third quarter of fiscal 2012, missing the Zacks Consensus Estimate of 61 cents and deteriorating from the year-ago earnings of 51 cents. The impact of unshipped revenue, promotional activity and increased investment led to the decline in the bottom line.
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| Par Pharma Takes Over Anchen Pharma Posted: 18 Nov 2011 06:50 AM PST Par Pharmaceutical Companies Inc. (NYSE:PRX) recently announced the completion of the acquisition of privately-held Anchen Pharmaceuticals. In August this year, Par Pharma had entered into a definitive agreement to acquire the latter for $410 million in cash. The transaction is expected to be immediately accretive to 2011 earnings.
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| Forex – NZD/USD Up During The European Session Posted: 18 Nov 2011 06:50 AM PST Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Friday. NZD/USD was trading at 0.7592, up 0.02% at time of writing. The pair was likely to find support at 0.7558, today's low, and resistance at 0.7906, Monday's high. Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.28% to hit 1.3214 and EUR/NZD rising 0.50% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Thanksgiving Meal For Ten Only $34.03 At Walmart Posted: 18 Nov 2011 06:49 AM PST BENTONVILLE, Ark. – Nov. 18, 2011 – “The American Farm Bureau Federation (AFBF) recently reported that Americans will pay more to feed 10 people for Thanksgiving dinner this year than since the mid-1980s. The average turkey feast for 10 this year will cost $49.20 – that's $5.73 more than it cost just last year (see related CD post here). Shoppers at Walmart will pay 1/3 (31%) less for the same Thanksgiving groceries ($34.03) and will have an extra $15 in their wallet with this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Euro Rises As Bond Purchases Continue; Is Spain Set To Tap The EFSF? Posted: 18 Nov 2011 06:40 AM PST Fundamental Headlines
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| Marvell Profit Falls On Weak Rev Posted: 18 Nov 2011 06:35 AM PST Marvell Technology Group (NASDAQ:MRVL) has reported third quarter fiscal 2012 adjusted earnings per share (EPS) of 35 cents, in line with the Zacks Consensus Estimate. However, the EPS was 14.6% below the year-ago level, mostly due to lower revenue and higher expenses and tax rate.
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| Will Cattle Prices Mooove To New Highs In 2012? Posted: 18 Nov 2011 06:34 AM PST Friday, November 18, 2011
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| Posted: 18 Nov 2011 06:31 AM PST 1. From Scott Grannis (top chart): “Natural gas is down fully 75% from its 2008 high, while crude oil is down by only 33%. As the top chart above shows, natural gas hasn’t been this cheap relative to crude for decades, thanks to significant new drilling techniques which have resulted in a natural gas production bonanza in the U.S. It is hard to underestimate the degree to which cheap and abundant natural gas is going to transform U.S. manufacturing and energy generation in the years to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – EUR/CHF Down In European Trade Posted: 18 Nov 2011 06:25 AM PST Forexpros – The Euro was lower against the Swiss Franc on Friday. EUR/CHF was trading at 1.2388, down 0.17% at time of writing. The pair was likely to find support at 1.2328, Monday's low, and resistance at 1.2441, Thursday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.83% to hit 1.3570 and EUR/JPY rising 0.49% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 18 Nov 2011 06:20 AM PST Wet Seal Inc. (NASDAQ:WTSLA) registered decent third quarter 2011 earnings of 5 cents per share that climbed 25.0% from the year-ago period. Earnings also exceeded the Zacks Consensus Estimate of 4 cents by a penny.
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| ECB: Let’s Move Forward; Super Committee: Um… Posted: 18 Nov 2011 06:10 AM PST “We should not be waiting any longer,” said new European Central Bank President Mario Draghi in a speech to Eurozone officials and bankers earlier today, regarding the implementation of agreed-upon measures to solve the Eurozone debt crisis. Draghi also articulated that downside economic risks continue to increase. Bleak as this may sound, it still must be counted as an overall positive to hear a speech such as this coming from the head of the ECB. Denying you have a disease is no way to get … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Shoe Carnival Performs As Expected Posted: 18 Nov 2011 06:05 AM PST Shoe Carnival Inc. (NASDAQ:SCVL) recently posted third quarter 2011 earnings of 78 cents per share, in line with the Zacks Consensus Estimate but above the year-earlier earnings of 70 cents per share.
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| Posted: 18 Nov 2011 06:05 AM PST Sears Holdings Corporation (NASDAQ:SHLD) posted Q3 adjusted loss of $2.57 per share, wider than the Zacks Consensus Estimate of a loss of $2.14 per share. Revenues for the quarter dropped 1.2% to $9.57 billion Embraer S.A. (NYSE:ERJ) and Alcoa Inc. (NYSE:AA) entered into a new technology sharing agreement, which will enable Embraer to improve the fuselage and the wings for its family of aircraft According to a Wall Street Journal report, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – USD/CAD Down In European Trading Hours Posted: 18 Nov 2011 06:00 AM PST Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Friday after the release of Canadian data on CPI. USD/CAD was trading at 1.0225, down 0.64% at time of writing. The pair was likely to find support at 1.0092, Monday's low, and resistance at 1.0303, today's high. Earlier in the day, official data showed that Consumer price inflation in Canada rose more-than-expected to a seasonally adjusted 0.2% 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
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| Negative Comps Hits Gap’s Profit Posted: 18 Nov 2011 05:50 AM PST Battered by negative comparable store sales growth, increased input costs and deep discounting, Gap Inc.'s (NYSE:GPS) third-quarter 2011 earnings of 38 cents per share declined 20.8% from the prior-period earnings of 48 cents per share. However, quarterly earnings managed to beat the Zacks Consensus Estimate by a penny. The impacts of negative forces on earnings per share were partially offset by the company's massive share repurchases.
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| TDG Beats 4Q, Lags Full Year Est. Posted: 18 Nov 2011 05:35 AM PST TransDigm Group Incorporated (NYSE:TDG) reported fourth-quarter fiscal 2011 earnings per share from continuing operations of $1.20, outpacing the Zacks Consensus Estimate by 4 cent and prior-year earnings of 96 cents.
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| Forex Trading: EURUSD Test 50% Of The Weeks Range And Finds Profit Takers Posted: 18 Nov 2011 05:35 AM PST The EURUSD surged higher today on the back of news that Germany may succumb to the idea of ECB funneling money to IMF who would funnel money to the needy nations of the EU. The price has stalled at the 50% of the weeks trading range. The 200 hour MA is near the level as well. Now the market will be looking for the 1.3573 area to hold support . This is the 38.2% of the last leg higher in the pair. If the level holds the bulls will remain in full control. If not the market is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| The Daily Show: “LOL, Occupy Segregated” Posted: 18 Nov 2011 05:26 AM PST OWS: The Ghetto vs. The Aristocrats From Townhall (h/t Warren … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Sluggish 4Q For Central Garden Posted: 18 Nov 2011 05:20 AM PST Central Garden & Pet Company (NASDAQ:CENT) recently reported sluggish fourth-quarter 2011 results, battered by higher input costs, altered product mix along with the company's sustained investments in brand building and marketing.
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| Posted: 18 Nov 2011 05:05 AM PST Salesforce.com Inc. (NYSE:CRM) reported third quarter fiscal 2012 adjusted net income of 8 cents per share, surpassing the Zacks Consensus Estimate of 3 cents. The adjusted figure excludes amortization of intangibles and debt discount, but includes stock-based compensation. The earnings outperformance came from solid top-line growth, partially offset by higher operating costs.
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| Forex – EUR/GBP Up During The European Session Posted: 18 Nov 2011 05:00 AM PST Forexpros – The Euro was higher against the British Pound on Friday. EUR/GBP was trading at 0.8574, up 0.38% at time of writing. The pair was likely to find support at 0.8519, today's low, and resistance at 0.8602, Monday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.92% to hit 1.3582 and EUR/JPY rising 0.44% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Top Management Churn At ANADIGICS (revised) Posted: 18 Nov 2011 04:50 AM PST ANADIGICS, Inc. (NASDAQ:ANAD) recently announced that Thomas Shields has resigned from the positions of Chief Operating Officer, Executive Vice President, Chief Financial Officer and Secretary, effective November 14, 2011. Terrence Gallagher, who currently serves as Vice President, Finance and Controller, has been promoted to the positions of Vice President and Chief Financial Officer.
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| Volcano Unveils ADVISE Study Result (revised) Posted: 18 Nov 2011 04:30 AM PST Recently, Volcano Corporation (NASDAQ:VOLC) jointly with Imperial College London declared the results of ADenosine Vasodilator Independent Stenosis Evaluation (ADVISE) study at the Transcatheter Therapeutics Conference in San Francisco. The study evaluated the ability of instant wave-Free Ratio (iFR), an investigational product similar to fractional flow reserve (FFR).
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| Posted: 18 Nov 2011 04:15 AM PST Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Friday after the release of Canadian data on CPI. USD/CAD was trading at 1.0225, down 0.64% at time of writing. The pair was likely to find support at 1.0092, Monday's low, and resistance at 1.0303, today's high. Earlier in the day, official data showed that Consumer price inflation in Canada rose more-than-expected to a seasonally adjusted 0.2% 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
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| Canadian Consumer Price Inflation Rises More-than-expected Posted: 18 Nov 2011 04:10 AM PST Forexpros – Consumer price inflation in Canada rose more-than-expected last month, official data showed on Friday. In a report, Statistics Canada said that Canadian consumer price inflation rose to a seasonally adjusted 0.2%, from 0.2% in the preceding month. Analysts had expected Canadian consumer price inflation to rise 0.1% last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – AUD/USD Up In European Trading Hours Posted: 18 Nov 2011 04:00 AM PST Forexpros – The Australian Dollar was higher against the U.S. Dollar on Friday. AUD/USD was trading at 1.0077, up 0.77% at time of writing. The pair was likely to find support at 0.9965, today's low, and resistance at 1.0336, Monday's high. Meanwhile, the Australian Dollar was down against the Euro and up against the Japanese Yen, with EUR/AUD gaining 0.25% to hit 1.3493 and AUD/JPY rising 0.32% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – USD/CHF Down During The European Session Posted: 18 Nov 2011 03:20 AM PST Forexpros – The U.S. Dollar was lower against the Swiss Franc on Friday. USD/CHF was trading at 0.9146, down 0.82% at time of writing. The pair was likely to find support at 0.8962, Monday's low, and resistance at 0.9236, Thursday's high. Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.44% to hit 1.3518 and USD/JPY falling 0.30% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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