DailyMarkets.com - Gain From CTV Aid BCE’s Growth

---

• Gain From CTV Aid BCE’s Growth
• Windstream Shy Of Estimates
• Lincoln Electric Beats
• Phase 2 Data Met With Mixed Response
• Morton’s Reports In Line
• SunPower Tops EPS, Lags Sales
• Pepco Slumps, Narrows Guidance
• Western Refining Lags EPS
• DTE Energy Beats
• We Recommend Trimble Shares
• Valeant Pharma Beats; Tightens View
• MannKind Narrows Loss
• Hot Option Plays: Resistance Around 1250
• Ventas’ FFO Zooms With Acquisitions
• MWI Vet’s EPS In Line, Revs Beat
• Allscripts Beats, Tunes Outlook
• Washington Post Beats Estimate
• NextEra Energy Misses Estimates
• Ameren Beats, Ups Guidance
• AES Tops EPS, Backs View
• OGE Energy Tops Estimates
• European Markets Close Lower; Dax Down 2.72%
• Garmin Beats Estimates In Style
• A Record Quarter For AMERCO (UHAL)
• Cincinnati Bell Ups YoY, Keeps View
• MGM Beats, Loss Narrows
• Forex Trading: EURUSD Looks To Next Target At 1.3788
• Forex – USD/CHF Up On Jobs Data
• Recurring Rev Drives Broadridge 1Q
• “Pick The Best Of Breed, High Dividend Stocks”
• Employment Report Overview
• Sunoco Misses EPS, Beats Rev
• Loss Narrows At Dendreon
• Dollar Remains In The Green
• Forex – EUR/USD Down On Jobs Data
• ArcelorMittal Slips In 3Q
• Forex Trading: EURUSD Takes A Stab At The Topside As London Looks To Exit
• Magna Misses But Improves Overall
• A Record Quarter For AMERCO (UHAL)
• Microchip Misses By A Couple
• Forex – EUR/JPY Down On U.S. Data
• DaVita Beats
• Genworth’s EPS Beats, Lags Top Line
• Forex Trading: EURUSD Shows Some Signs Of Upside Life, But Buyers Need To Take More Control
• Maxwell Beats Revenue, Lags EPS
• Forex – USD/CAD Up On Jobs Data
• EU Woes Overshadow Jobs
• Crude Steady For First Time This Week
• Forex – AUD/USD Down On U.S. Data
• Reversion To The Mean – Ver. 3.0
• Canada’s Ivey PMI Falls Unexpectedly
• Groupon Stock Up 50%
• Paul Swinney Looks For A Clean Break In New Markets With Tristel

Gain From CTV Aid BCE’s Growth Posted: 04 Nov 2011 12:10 PM PDT Canada's largest telephone operator BCE Inc. (NYSE:BCE) has reported third quarter 2011 adjusted earnings per share of 95 cents per ADS (93 Canadian cents), which breezed surpassed the Zacks Consensus Estimate of 74 cents. Adjusted earnings climbed 14.8% from 60 Canadian cents in the year-ago quarter attributable to higher EBITDA, lower pension costs and gains related to the share-based compensation plan, partly offset by higher depreciation expense and lower tax adjustments as well as increased … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Windstream Shy Of Estimates Posted: 04 Nov 2011 12:10 PM PDT Windstream Corporation (NYSE:WIN), a fixed-line voice and DSL Internet service provider, has reported third quarter adjusted earnings per share of 19 cents, missing the Zacks Consensus Estimate of 20 cents. Adjusted earnings excluded $13 million in after-tax merger and integration costs and $13 million in loss from extinguishment of debt, which had a negative impact of 5 cents. Including these costs, earnings per share declined 22.2% to 14 cents from 18 cents in the year-ago quarter. Pro forma … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Lincoln Electric Beats Posted: 04 Nov 2011 12:10 PM PDT Lincoln Electric Holdings Inc. (NASDAQ:LECO) recently reported third quarter EPS of 66 cents, up 69% from 39 cents in the year-earlier quarter and ahead of the Zacks Consensus Estimate of 62 cents. The reported quarter did not note any special item. However, the prior-year quarter noted a charge of one cent. Including this, adjusted EPS amounted to 66 cents versus 38 cents in the year-over-year quarter. Total revenue, as reported by the company, increased 35% year over year to $701.6 million, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Phase 2 Data Met With Mixed Response Posted: 04 Nov 2011 12:05 PM PDT Phase 2 Data Met With Mixed Response Jason Napodano, CFA On November 4, 2011, RegeneRx Biopharmaceuticals (RGRX) reported results from the company's phase 2 clinical trial with RGN-259 for the treatment of signs and symptoms of dry eye syndrome. The trial enrolled a total of 72 patients and tested subjects in a Controlled Adverse Environment (CAE) model over a period of 30 days. The trial was conducted by ORA, Inc., an ophthalmic contract research organization that specializes in dry eye … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Morton’s Reports In Line Posted: 04 Nov 2011 12:05 PM PDT Chicago-based Morton's Restaurant Group, Inc. (NYSE:MRT) has posted an adjusted loss of 11 cents per share in the third quarter of 2011, in line with the Zacks Consensus Estimate. The reported loss was slightly better than the year-ago loss of 13 cents per share and was within the previous loss guidance range of 10 cents to 12 cents. The company’s loss comes in the wake of a seasonally weak third quarter. During the quarter, GAAP loss from continuing operations was $2.4 million or 15 cents per … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

SunPower Tops EPS, Lags Sales Posted: 04 Nov 2011 12:05 PM PDT A Silicon Valley-based manufacturer of high-efficiency solar cells, SunPower Corporation's (SPWRA) third quarter 2011 adjusted earnings per share came in at 4 cents, easily beating the Zacks Consensus Estimate of a loss of 6 cents. However, earnings were below the year-ago earnings of 26 cents per share. The results were driven by effective performance from its Residential and Commercial (R&C) and Utility and Power Plants (UPP) businesses. The results also reflect cost reduction efforts … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Pepco Slumps, Narrows Guidance Posted: 04 Nov 2011 11:57 AM PDT Washington, District of Columbia-based energy distributor Pepco Holdings Inc. (NYSE:POM) posted third quarter 2011 operating earnings of 35 cents per share, missing the Zacks Consensus Estimate of 41 cents and the year-ago operating earnings of 52 cents. The third quarter miss mainly stemmed from higher operation and maintenance expense in the company's Power Delivery segment, due to increased electric system preventative maintenance and increased tree trimming activities. Total … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Western Refining Lags EPS Posted: 04 Nov 2011 11:50 AM PDT Oil refiner and marketer Western Refining Inc. (NYSE:WNR) came out with weaker-than-expected third-quarter 2011 results, hurt by lower refinery throughput and higher operating costs. The company reported earnings per share of $1.37, missing the Zacks Consensus Estimate of $1.40. However, results improved considerably from the third-quarter 2010 profit of 8 cents per share amid higher refining margins. Net sales of $2.39 billion were up 17.7% from the year-ago level and also outpaced the Zacks … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

DTE Energy Beats Posted: 04 Nov 2011 11:40 AM PDT DTE Energy Company (NYSE:DTE) clocked operating earnings per share of $1.07 for the third quarter of 2011 surpassing the Zacks Consensus estimate of 98 cents. The company also beat the prior-year quarterly earnings of 96 cents. The Michigan-based energy company, showing resilience in its business model, posted strong numbers despite the high unemployment rate of 11.1% in Michigan in September 2011 versus the national average of 9.1%. The variance in EPS year over year primarily resulted from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

We Recommend Trimble Shares Posted: 04 Nov 2011 11:35 AM PDT Trimble Navigation's (NASDAQ:TRMB) third quarter earnings exceeded the Zacks Consensus Estimate by 3 cents, or 6.8%. While GAAP earnings exceeded management expectations, non-GAAP earnings fell short. However, despite softness in some markets, Trimble's solid portfolio (enhanced by acquisitions), strong market position and strategic partnerships will continue to drive both revenue and earnings over the next few quarters.  Seasonality typically causes huge sequential fluctuations in both … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Valeant Pharma Beats; Tightens View Posted: 04 Nov 2011 11:35 AM PDT Valeant Pharmaceuticals International's (NYSE:VRX) third quarter 2011 earnings of 62 cents per share (excluding special items but including stock based compensation expense) beat the Zacks Consensus Estimate by 5 cents and the year-ago earnings by 20 cents per share. The bottom-line growth was driven by higher revenues. Revenues for the quarter were $600.6 million, above the Zacks Consensus Estimate of $571 million, driven by strong product sales. Revenues were way ahead of the prior-year figure … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MannKind Narrows Loss Posted: 04 Nov 2011 11:35 AM PDT MannKind Corporation's (NASDAQ:MNKD)  third quarter 2011 net loss of 31 cents per share was narrower than the Zacks Consensus Estimate of a loss of 32 cents and the year-ago loss of 40 cents per share. The narrower loss was attributable to lower operating expenses incurred during the reported quarter. MannKind did not report any revenues in the third quarter of 2011. Operating costs were down 22.8% to $32.8 million in the reported quarter. Both research and development (R&D) expenses and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Resistance Around 1250 Posted: 04 Nov 2011 11:32 AM PDT Cusick’s Corner The employment reports came within expectations, so there was no catalyst from that perspective. What has come into play is the over head resistance, 1250 on the S&Ps, and the fact that we have the G20 meeting in which a headline could potentially turn this market. The trillion dollar question is which way? At this stage the Bulls have the momentum (yes, in spite of today’s pullback), but the continued uncertainty of Greece and Italy has many traders and investors flat or … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Ventas’ FFO Zooms With Acquisitions Posted: 04 Nov 2011 11:25 AM PDT Ventas Inc. (NYSE:VTR), a leading healthcare real estate investment trust (REIT), reported third quarter 2011 funds from operations (FFO) of $264.2 million or 91 cents per share, compared to $108.9 million or 69 cents in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and other non-cash expenses to net income. Excluding the non-recurring items, FFO for third quarter 2011 was $255.1 million or 88 cents per … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MWI Vet’s EPS In Line, Revs Beat Posted: 04 Nov 2011 11:25 AM PDT MWI Veterinary Supply (NASDAQ:MWIV) reported fourth quarter 2011 EPS of 80 cents, in line with the Zacks Consensus Estimate but 12.7% higher than the year-ago quarter EPS. For fiscal 2011, EPS came in at $3.4, meeting the Zacks Consensus Estimate but well ahead of $2.70 in fiscal 2010. The company reported revenues of $421.3 million in the reported quarter, exceeding the Zacks Consensus Estimate of $397 million and up 17.4% year over year.  In fiscal 2011, revenues came in at $1.57 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Allscripts Beats, Tunes Outlook Posted: 04 Nov 2011 11:20 AM PDT Allscripts Healthcare Solutions (NASDAQ:MDRX), a leading player in the health care information technology ("HCIT") market, reported third quarter adjusted (excluding one-time items other than stock-based compensation expense) earnings per share of 21 cents surpassing the Zacks Consensus Estimate of 20 cents. Reported net income for the quarter was $21 million (or 11 cents per share) compared with just $1.4 million (or 1 cent per share) in the year-ago period. Revenues Allscripts reported … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Washington Post Beats Estimate Posted: 04 Nov 2011 11:05 AM PDT The Washington Post Company (NYSE:WPO) recently posted third-quarter 2011 results. The quarterly earnings from continuing operations came in at $5.27 per share, marking a substantial decrease from $11.90 delivered in the prior-year quarter. The decline reflected slump in the students' enrollment and weak advertising demand. However, the quarterly earnings surpassed the Zacks Consensus Earnings Estimate of $3.85 per share. On a reported basis, including one-time items, the company posted a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

NextEra Energy Misses Estimates Posted: 04 Nov 2011 11:05 AM PDT NextEra Energy Inc. (NEE) announced third-quarter 2011 operating earnings of $1.31 per share, 14 cents lower than the year-ago quarter. The results of the company were also lower than the Zacks Consensus Estimate by 11 cents. NextEra Energy recorded GAAP earnings for the third quarter of 2011 of 97 cents per share compared with $1.74 per share in the year-ago period. The difference of 34 cents between operating and GAAP earnings, during the third quarter, was due to mark-to-market effects of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Ameren Beats, Ups Guidance Posted: 04 Nov 2011 11:05 AM PDT Before the bell, Ameren Corporation (NYSE:AEE) reported third quarter 2011 results with pro forma earnings of 1.57 per share, comfortably surpassing the prior-year figure of $1.40 per share and the Zacks Consensus Estimate of $1.29 per share. The results were driven by electric rate increase at Illinois and Missouri, lower non-fuel operations and maintenance expenses, warmer weather and lower interest expense. The positives were, however, partially offset by reduced margins in the merchant … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AES Tops EPS, Backs View Posted: 04 Nov 2011 11:05 AM PDT AES Corporation (NYSE:AES) reported third quarter results with adjusted earnings per share (EPS) of 27 cents, 3 cents above the Zacks Consensus Estimate of 24 cents. Earnings also comfortably surpassed the year-ago earnings of 20 cents per share. The upside in earnings came from strong operational performance, contributions from new businesses, and a lower effective tax rate. On a reported basis the company clocked a net loss of 17 cents per share versus earnings of 14 cents per share in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

OGE Energy Tops Estimates Posted: 04 Nov 2011 11:05 AM PDT OGE Energy Corporation (NYSE:OGE) a distributor of natural gas and electricity primarily in the south central United States reported its third quarter 2011 results. In the reported quarter, the company with pro forma and GAAP earnings of $1.80 per share topped the Zacks Consensus Estimate of $1.76. The results also comfortably beat the year-ago earnings of $1.65 per share. The upsurge came from the extremely hot weather in its service territory boosting electricity sales and higher margins in its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

European Markets Close Lower; Dax Down 2.72% Posted: 04 Nov 2011 11:00 AM PDT Forexpros – European stocks were down after the closing bell on Friday. At the close of European trade, Germany's DAX fell 2.72%, London's FTSE 100 shed 0.33%, France's CAC 40 declined 2.25% and the EURO STOXX 50 was down 2.41%. Meanwhile, on Wall Street, equity markets were down after the open. The Dow Jones Industrial Average was down 0.60%; the S&P 500 index shed 0.64%, while the Nasdaq 100 index declined … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Garmin Beats Estimates In Style Posted: 04 Nov 2011 10:55 AM PDT Garmin Ltd. (NASDAQ:GRMN) reported first quarter earnings that beat the Zacks Consensus Estimates by 27 cents, or 54.4%. Currency had a 6 cent positive impact on earnings, and if excluded would have lowered the EPS by a like amount. The results are a reflection of the continued decline in the PND business that Garmin is diversifying away from, strength in new high-margin products and positive mix changes. Garmin is deferring lifetime maps, connected services and premium traffic over their economic … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

A Record Quarter For AMERCO (UHAL) Posted: 04 Nov 2011 10:50 AM PDT A record quarter for AMERCO (UHAL) Ian Gilson, CFA On November 2, 2011 AMERCO (UHAL) announced its 2012 second fiscal quarter results, followed by a conference call on November 3, 2011. Revenue from the moving and storage operations were well above our expectations:   1Q actual    2Q actual   2Q est. (Dollars in millions)       Self-moving equipment   $446.5  $511.6 $490.0 Products and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cincinnati Bell Ups YoY, Keeps View Posted: 04 Nov 2011 10:50 AM PDT Telecom services provider Cincinnati Bell Inc. (NYSE:CBB) has reported third quarter adjusted earnings of 7 cents per share, at par with the Zacks Consensus Estimate and above 6 cents earned in the year-ago earnings. Revenue grew 5% year over year to $369 million in the reported quarter and was above the Zacks Consensus Estimate of $361 million. The strong performance was driven by growth in Data Center Colocation as well as IT Services and Hardware revenues. This represents the highest quarterly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MGM Beats, Loss Narrows Posted: 04 Nov 2011 10:35 AM PDT MGM Resorts International's (NYSE:MGM) third quarter 2011 adjusted loss of 14 cents per share bettered the Zacks Consensus Estimate by a penny. On a GAAP basis, MGM Resorts posted net loss of 25 cents per share compared with a net loss of 72 cents per share in the prior-year quarter. Net revenue jumped 37.5% year over year to $2.23 billion. The increase was mainly driven by strong results from Las Vegas Strip as well as at MGM China. Total revenue surpassed the Zacks Digest average of $2.21 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EURUSD Looks To Next Target At 1.3788 Posted: 04 Nov 2011 10:32 AM PDT … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Up On Jobs Data Posted: 04 Nov 2011 10:30 AM PDT Forexpros – The U.S. Dollar was higher against the Swiss Franc on Friday after the release of U.S. data on Nonfarm Payrolls. USD/CHF was trading at 0.8857, up 0.90% at time of writing. The pair was likely to find support at 0.8611, Monday's low, and resistance at 0.8960, Tuesday's high. Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 80K last month, from 158K in the preceding month whose figure was revised up from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Recurring Rev Drives Broadridge 1Q Posted: 04 Nov 2011 10:20 AM PDT Broadridge Financial Solutions Inc.'s (NYSE:BR) first-quarter fiscal 2012 adjusted earnings per share (EPS) of 15 cents beat the Zacks Consensus Estimate of 11 cents and improved from 10 cents earned in the prior-year quarter. Higher recurring revenue prompted the outperformance, which was partially offset by higher operating expenses and tax rate. Revenues Total revenue in the first quarter was $476.4 million, up 13.1% from $421.4 million in the year-ago quarter. The improvement was buoyed by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

“Pick The Best Of Breed, High Dividend Stocks” Posted: 04 Nov 2011 10:07 AM PDT 11/04/11 DME Securities’ Warren Meyers weighs in on the latest Euro-zone developments and the US jobs report. Near-term investment strategies are … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Employment Report Overview Posted: 04 Nov 2011 10:05 AM PDT The total number of people employed rose by 80,000 in September. That is slightly worse than consensus expectations for a gain of 85,000. This report was slightly weaker than the ADP report on Wednesday. That report showed 110,000 private sector jobs created, and the expectations were for the BLS to show 117,000 new private sector jobs. The "actual" BLS number of private sector jobs was 104,000. Government payrolls declined by 24,000. Federal government employment fell by 2,000 jobs. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sunoco Misses EPS, Beats Rev Posted: 04 Nov 2011 10:05 AM PDT Oil refiner and marketer Sunoco Inc. (NYSE:SUN) has reported mixed third quarter 2011 results, with strong contributions from the logistics segment partially offset by weak production and margins. The company has reported earnings per share (excluding special items) of 57 cents, missing the Zacks Consensus Estimate of 61 cents. However, comparing year over year, results improved 159.0% from the prior-year adjusted result of 22 cents. Quarterly revenue came in at $12.16 billion compared with $9.22 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Loss Narrows At Dendreon Posted: 04 Nov 2011 09:50 AM PDT Dendreon Corporation (NASDAQ:DNDN) reported third-quarter 2011 loss (including stock-based compensation expense but excluding other special items) of 67 cents per share, which was narrower than the Zacks Consensus Estimate of 70 cents due to a slightly better-than-expected performance of its prostate cancer vaccine Provenge in the quarter. Loss was, however, much wider than the year-ago loss of 54 cents per share. Quarterly Details Total revenue in the reported quarter climbed to $64.3 million … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dollar Remains In The Green Posted: 04 Nov 2011 09:50 AM PDT 11/04/11 The US dollar continued to trade higher against its major counterparts this afternoon following mixed US employment … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down On Jobs Data Posted: 04 Nov 2011 09:45 AM PDT Forexpros – The Euro was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls. EUR/USD was trading at 1.3742, down 0.59% at time of writing. The pair was likely to find support at 1.3609, Tuesday's low, and resistance at 1.4169, Monday's high. Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 80K last month, from 158K in the preceding month whose figure was revised up from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ArcelorMittal Slips In 3Q Posted: 04 Nov 2011 09:35 AM PDT Steel giant ArcelorMittal (NYSE:MT) reported diluted net earnings of 19 cents per share in the third quarter of 2011, much below the Zacks Consensus Estimate of 51 cents and last year's 89 cents per share. Total steel shipments in the third quarter of 2011 were 21.1 million metric tonnes compared with 20.5 million metric tons in the year-ago quarter. Revenue Quarterly revenues increased 22.6% year over year to $24.2 billion from $19.7 billion in the year-ago quarter and decreased 3.6% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EURUSD Takes A Stab At The Topside As London Looks To Exit Posted: 04 Nov 2011 09:33 AM PDT The EURUSD was able to move above the 1.3737-44 level and that was enough to force some covering toward the London close.  Now with support at the old resistance, traders will look for the next upside target at the 1.3770 level.  This is the 38.2% of the days range.  I would expect sellers against this level on the 1st … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Magna Misses But Improves Overall Posted: 04 Nov 2011 09:25 AM PDT Magna International Inc. (NYSE:MGA) reported earnings of $102 million or 42 cents per share in the third quarter of 2011, significantly down from $266 million or $1.14 per share in the year-ago quarter. However, the company incurred a loss of $113 million or 37 cents per share related to the disposal of a non-strategic interior systems operation and an expense of $11 million or 5 cents per share related to certain settlement agreements in the reported quarter versus a gain of $10 million or 4 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

A Record Quarter For AMERCO (UHAL) Posted: 04 Nov 2011 09:05 AM PDT A record quarter for AMERCO (UHAL) Ian Gilson, CFA On November 2, 2011 AMERCO (UHAL) announced its 2012 second fiscal quarter results, followed by a conference call on November 3, 2011. Revenue from the moving and storage operations were well above our expectations:   1Q actual    2Q actual   2Q est. (Dollars in millions)       Self-moving equipment   $446.5  $511.6 $490.0 Products and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Microchip Misses By A Couple Posted: 04 Nov 2011 09:05 AM PDT Microchip Technology Incorporated (NASDAQ:MCHP) reported net revenues of $340.6 million in the second quarter of fiscal 2012, down 9.1% sequentially but up 10.9% year over year.  The results were in line with the company's revised guidance released earlier this month. On a geographical basis, revenues from Americas were down 9.4% sequentially. Europe was down 8.5% sequentially and Asia was down 9.2% sequentially. Almost all geographies were impacted by the weak business conditions, Asia … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/JPY Down On U.S. Data Posted: 04 Nov 2011 09:00 AM PDT Forexpros – The Euro was lower against the Japanese Yen on Friday after the release of U.S. data on Nonfarm Payrolls. EUR/JPY was trading at 107.57, down 0.31% at time of writing. The pair was likely to find support at 106.50, Tuesday's low, and resistance at 111.55, Monday's high. Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 80K last month, from 158K in the preceding month whose figure was revised up from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

DaVita Beats Posted: 04 Nov 2011 08:50 AM PDT DaVita Inc. (DVA) reported third-quarter income from continuing operations of $138.2 million, or $1.45 per share, which exceeded the Zacks Consensus Estimate by a penny. The earnings were also higher than $119.5 million or $1.15 per share earned in the comparable quarter of 2010. Net income was $135.4 million or $1.42 per share, showing a hike from $119.4 million or $1.15 per share in the year-ago quarter. The increased income was attributable to better-than-expected revenues and higher income … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Genworth’s EPS Beats, Lags Top Line Posted: 04 Nov 2011 08:35 AM PDT Genworth Financial Inc. (NYSE:GNW) reported its third quarter operating income of 21 cents per share, a penny ahead of the Zacks Consensus Estimate. Results breezed past the year ago earnings of 6 cents. Operating profit for the quarter stood at $104 million, surging from $29 million, a year ago. Better performance at Retirement & Protection largely aided the company to deliver better numbers in the quarter. Including net investment losses of $75 million, net loss available to common … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EURUSD Shows Some Signs Of Upside Life, But Buyers Need To Take More Control Posted: 04 Nov 2011 08:31 AM PDT The pair has made a new hour long high and moved briefly above the 1.3737 level.  Activity remains choppy.  The bottom pickers will be looking for further upside momentum. The burden of proof remains with the buyers. A move above the 1.3744 level will be eyed next and would give more upside potential. If the price cannot get above this level, look for the bears to take back control as London moves toward the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Maxwell Beats Revenue, Lags EPS Posted: 04 Nov 2011 08:20 AM PDT Energy storage and power delivery products maker, Maxwell Technologies Inc. (NASDAQ:MXWL) reported third quarter 2011 adjusted earnings of 2 cents per share, falling short of the Zacks Consensus Estimate of 4 cents. Results however, came above the year-ago quarterly earnings of a penny. On a reported basis the company reported earnings of a penny in the reported quarter versus a loss of 9 cents in the year-ago quarter. Operational Performance Maxwell Technologies' revenue was $41.1 million in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CAD Up On Jobs Data Posted: 04 Nov 2011 08:10 AM PDT Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Friday after the release of U.S. data on Nonfarm Payrolls. USD/CAD was trading at 1.0195, up 1.27% at time of writing. The pair was likely to find support at 0.9924, Monday's low, and resistance at 1.0229, today's high. Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 80K last month, from 158K in the preceding month whose figure was revised up from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EU Woes Overshadow Jobs Posted: 04 Nov 2011 08:10 AM PDT 11/04/11 The US employment report showed a gain of 80K jobs, while the unemployment rate fell to 9%. Italian and Spanish bond yields continue to climb, ahead of the confidence vote for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Steady For First Time This Week Posted: 04 Nov 2011 03:00 AM PDT 11/04/11 During a week of massive swings in both directions, front month crude prices were finally trading steady approaching the end of the trading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Down On U.S. Data Posted: 04 Nov 2011 07:35 AM PDT Forexpros – The Australian Dollar was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls. AUD/USD was trading at 1.0326, down 0.88% at time of writing. The pair was likely to find support at 1.0204, Thursday's low, and resistance at 1.0697, Monday's high. Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 80K last month, from 158K in the preceding month whose figure was revised up … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Reversion To The Mean – Ver. 3.0 Posted: 04 Nov 2011 07:30 AM PDT Even though it feels frustration looking at a chart that stretches years, I find it worthwhile to periodically update the “Regression to the Mean” graph because it helps keep our expectations in check. Whether today we are bearish or bullish about prospects for the market’s near-term future, this “Regression to the Mean” will help moderate our views and help contain them within the realm of possibilities. First, some background is necessary and warranted. I had accumulated monthly statistics on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Canada’s Ivey PMI Falls Unexpectedly Posted: 04 Nov 2011 07:10 AM PDT Forexpros – Canada's Ivey Purchasing Manager's Index fell unexpectedly last month, data showed on Friday. In a report, The Richard Ivey School of Business said that Ivey PMI fell to 54.4, from 55.7 in the preceding month. Analysts had expected Ivey PMI to rise to 56.2 last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Groupon Stock Up 50% Posted: 04 Nov 2011 01:15 AM PDT 10/04/11 NYFP’s Morning Market Brief: In a relatively quiet trading session when compared to this weeks volatility, the combination of the G20, mixed economic data, and Groupon’s IPO is in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Paul Swinney Looks For A Clean Break In New Markets With Tristel Posted: 04 Nov 2011 03:14 AM PDT Infection and contamination control business Tristel (LON:TSTL) broke a five year run of profit growth last year but chief executive Paul Swinney makes no excuse for the company's willingness to take a short term hit for longer term opportunities. Since floating on AIM in 2005, Tristel has profited mainly from selling disinfectants, sprays and wipes to hospitals with a chemical formula that was developed to be safer than those of its competitors. However, predicting a gradual decline in a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610