Wednesday, January 18, 2012

DailyMarkets.com - Cerner Expands Role At Adventist

DailyMarkets.com - Cerner Expands Role At Adventist


Cerner Expands Role At Adventist

Posted: 18 Jan 2012 12:30 PM PST

Cerner (NASDAQ:CERN), a leading healthcare information technology ("HCIT") solutions provider, recently revealed a larger role with Adventist Health, which is a non-profit, faith-based unified health care delivery system on the Pacific coast. Over 130 outpatient centers will be benefited by the digitization of health care processes at Adventist Health.
Adventist Health has been a leader in adopting healthcare information technology. It began using Cerner's Electronic Health Record ("EHR") … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


LMT Key Contractor In C2BMC Order

Posted: 18 Jan 2012 12:20 PM PST

Lockheed Martin Corporation (NYSE:LMT) has received a follow-on contract worth $980 million from the Missile Defense Agency ("MDA") to continue work on the Command, Control, Battle Management and Communications ("C2BMC") program. The Missile Defense Agency has provided the contract to five major defense contractors.
As Lockheed Martin leads the consortium of major defense contractors, it will be responsible for the main contract. The other four contractors that make the Missile Defense … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Valeant Ups ISTA Bid

Posted: 18 Jan 2012 11:57 AM PST

Canadian pharmaceutical company Valeant Pharmaceuticals International, Inc. (NYSE:VRX) recently announced that it has raised its bid for ISTA Pharmaceuticals Inc. (NASDAQ:ISTA) to $7.50 from $6.50 per share in cash. Valeant Pharma also offered to increase the offer to $8.50 per share if ISTA offered it some confirmatory due diligence information. Valeant Pharma added that the offer remains valid till January 31, 2012.
Valeant Pharma made a hostile bid to acquire ISTA in December 2011 with an offer of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


CU, GASX

Posted: 18 Jan 2012 11:40 AM PST

Weekly update on the First Trust ISE Global Copper Index Fund and the Direxion Daily Natural Gas Related Bear 3x Shares … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Exelon-CEG Progress On Merger

Posted: 18 Jan 2012 11:35 AM PST

Exelon Corporation (NYSE:EXC) and Constellation Energy Group Inc. (NYSE:CEG) reached an agreement with Electricite de France or EDF, pursuant to which EDF would withdraw its opposition to the Exelon-Constellation merger. The terms address Constellation Energy Nuclear Group, a joint venture between Constellation and EDF that owns and operates three nuclear facilities with five generating units in Maryland and New York.
Further, Exelon said this merger would combine its environmentally advantaged … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


PNC Financial Lags Estimate

Posted: 18 Jan 2012 11:25 AM PST

PNC Financial Services Group Inc.'s (NYSE:PNC) fourth-quarter 2011 earnings per share came in at 85 cents, significantly below the Zacks Consensus Estimate of $1.41. Results also compared unfavorably with earnings of $1.55 per share in the prior quarter and $1.50 in the year-ago quarter.
PNC Financial's results were impacted by subdued revenue levels. The company also incurred a couple of one-time charges in the quarter. Yet a substantial contraction in the provision for credit losses was on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Check Point Breezes Through In 4Q

Posted: 18 Jan 2012 11:25 AM PST

Check Point Software Technologies Ltd. (NASDAQ:CHKP) exited fourth quarter 2011 with flying colors. Earnings of 80 cents per share handily beat the Zacks Consensus Estimate of 77 cents. The adjusted earnings per share exclude one-time items, but include stock-based compensation expense. Check Point witnessed strong network security product sales across all geographical regions. Shares surged 7.82% in the after-hour trade.
Revenue
Check Point reported revenue of $356.8 million in the fourth quarter, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Two Completes Secondary Offering

Posted: 18 Jan 2012 11:25 AM PST

Two Harbors Investment Corp. (TWO) – a real estate investment trust (REIT) that primarily invests in residential mortgage-backed securities (RMBS), has recently completed the secondary offering of 39.1 million shares, including 5.1 million shares sold to the underwriters to cover the full execution of the over-allotment options.
Credit Suisse Securities (USA) LLC – the investment banking division of Credit Suisse Group (NYSE:CS) acted as the lead book-running manager for the secondary … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Hot Option Plays: Bid Has Been Holding

Posted: 18 Jan 2012 11:18 AM PST

Cusick’s Corner
We were fast out of the gate early in the session and the catalyst was a stronger Financials sector, XLF, just off the highs of the Midday and a source of leadership today. EU headlines (whether it’s a manageable but big haircut in Greece or uncertainty on German debt rating) have held up the Bonds, TLT. While the trade in the Bonds could be construed as hedging, there is just not enough to see a shift in sentiment. I look at trading from a guarded perspective and this bid has … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: USDCAD Still Playing The Range

Posted: 18 Jan 2012 11:18 AM PST

NY has seen the 1.0176 level tested.  The level equals the 38.2% of the move up from the July low (see chart above) AND the 100 hour MA (blue line in the chart below).
It has also seen the trendline support (see chart above).  At each extreme, the price found the seller above and the buyers below.  The market is still coiling and waiting for the break.  Look for the break and momentum on the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: EURUSD Bangs Off The 1.2866 And Wanders Back Lower.

Posted: 18 Jan 2012 11:18 AM PST

The EURUSD was able to get above the 2011 high at 1.2857 but had trouble getting above the trendline at the 1.2866 (see prior post).  The price has since wandered back lower in NY afternoon trading. The next target comes in at the 100 bar MA level on the 5 minute chart below at the 1.2825 area.   The 100 bar MA has been holding support against this moving average for much of the NY … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Amphenol Beats By Three Cents

Posted: 18 Jan 2012 11:00 AM PST

Amphenol Corporation (NYSE:APH) posted a net income of $0.69 per share in the fourth quarter of 2011, compared to $0.79 in the third quarter of 2011 and $0.74 in the year-ago quarter.
The reported number includes a one-time charge of $9 million ($5 million after tax) or $0.03 per diluted share related to the previously announced flood damage at the company's New York facility. The company also incurred a $2 million or $0.01 per share charge for acquisition related transaction costs in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Gold Futures Advance Despite World Bank Cut

Posted: 18 Jan 2012 11:00 AM PST

Forexpros – Gold futures advanced Wednesday despite the World Bank cutting global economic growth forecasts.

On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1659.85 a troy ounce during mid U.S. trade advancing 0.26%.

It earlier hit a high of USD1662.75 a troy ounce and a daily low of USD1643.15 a troy ounce.

Gold futures were likely to find support at USD1631.95 a troy ounce, the low of January 16th and technical resistance exists … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Carnival Corp. Stays Neutral

Posted: 18 Jan 2012 10:55 AM PST

We are reiterating our long-term Neutral recommendation on Miami, Florida-based Carnival Corporation (NYSE:CCL), the largest cruise operator in the world. 
Carnival's fourth quarter 2011 adjusted earnings of 28 cents per share were in line with the Zacks Consensus Estimate. However, quarterly earnings deteriorated from the year-ago quarter earnings of 31 cents. Total revenue increased 5.7% from the prior-year quarter to $3,696 million, but fell short of the Zacks Consensus Estimate of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Preview: LUV

Posted: 18 Jan 2012 10:55 AM PST

The largest U.S. low-cost carrier Southwest Airlines Co. (NYSE:LUV) is slated to release its fourth quarter and fiscal 2011 earnings on January 19 before the opening bell. The current Zacks Consensus Estimates for the fourth quarter and fiscal 2011 are 6 cents and 41 cents, respectively. This represents a respective 59.9% and 42.78% decline from the year-ago level.
Looking at surprises, Southwest had negative surprises of 6.60% in the last four quarters. But in the third quarter, the company had … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Cache Cuts 4Q Outlook

Posted: 18 Jan 2012 10:55 AM PST

Cache Inc. (NASDAQ:CACH) recently trimmed its earnings outlook for the fourth quarter of 2011 following increased promotional activity for sweaters and outwear. For the fourth quarter of 2011, the company now expects earnings in the range of 16-18 cents per share, while the prior guidance was 24-30 cents. Although the company took selective pricing action in its fall offering, the hike was not of much help.
Diluted earnings per share for full fiscal 2011 are currently expected in the range of 17-19 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Samsung To RIM: We’re Not Interested

Posted: 18 Jan 2012 10:45 AM PST

01/18/12 Following a surge of rumors claiming the the company is on the verge of a acquiring Research in Motion, Samsung officially answered back with a flat-out denial of interest in bidding for the troubled Blackberry … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Natural Gas Updates; Here Come’s Super-Fracking

Posted: 18 Jan 2012 10:41 AM PST

1. Domestic production of natural gas set another new all-time record high during the month of October at 2.48 trillion cubic feet of gross withdrawals (see chart below, data here).

2. Due to the record levels of natural gas production and the unseasonably warm weather this winter, prices keep falling.  The price for U.S. natural gas futures contracts dropped to a ten-year low of $2.47 per million BTUs in trading on the NYMEX yesterday, see chart below.

3. The shale gas revolution that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Valdes: “Will See A Year Like Last Year…tight Trading Range”

Posted: 18 Jan 2012 05:25 AM PST

01/18/12 DME Securities’ Alan Valdes discusses today’s equity market action following the latest earnings and data releases. Concerns over $5 per gallon gasoline in the US are also … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Advances On IMF Proposal, Greek Debt Hopes

Posted: 18 Jan 2012 10:17 AM PST

Forexpros – The euro advanced against the U.S. dollar Wednesday as the International Monetary Fund proposed increasing its lending capacity and word that Greek debt talks may be nearing a solution.

EUR/USD hit a low of 1.2734 during U.S. trade. The pair hit a high of 1.2864 and is currently trading at 1.2851, up 0.92%.

The pair was likely to find support at 1.2648, Tuesday’s low and technical resistance exists at 1.2844, the high of January 12th.

The single currency gained strength on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Euro Rebound Continues On IMF Fund Reports

Posted: 18 Jan 2012 05:00 AM PST

01/18/12 Reports that the IMF is considering lifting its lending operations has helped keep risk appetite alive in the forex markets, helping push the euro currency even higher against … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Euro Stocks Mixed On IMF Lending Plan, Greek Debt Deal; DAX Up 0.34%

Posted: 18 Jan 2012 09:49 AM PST

Forexpros – bsp;- European shares closed the session mixed Wednesday as Greece approaches a debt deal with private creditors and the International Monetary Fund plans to expand its lending resources.

After the close of European trade, the EURO STOXX 50 gave back 0.25%, France’s CAC 40 slipped 0.15%, while Germany’s DAX advanced 0.34%. Meanwhile, in the U.K. the FTSE 100 added 0.15%.

The IMF aims to bolster its resources after identifying a potential need for USD1trillion in financing in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Obama Rejects 20k Jobs, Aka Keystone Pipeline

Posted: 18 Jan 2012 09:34 AM PST

From an updated version of my recent McClatchy-Tribune editorial, to reflect the Obama administration’s pending rejection of 20,000 new jobs for Americans, aka as the Keystone XL pipeline:

Kicking the can down the road 20,000 Americans while they’re down and unemployed, as President Barack Obama did in delaying a decision on rejecting the construction of the Keystone XL oil pipeline from Canada to Texas, certainly pleased the green lobby. But it did absolutely nothing for jobs creation. Nor … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Searching For Momentum – Six Stocks That Are Riding A Wave

Posted: 18 Jan 2012 05:36 AM PST

When it comes to investing strategies, the "buy low, sell high" mantra of value investors is the approach best known to those scrutinising the market for attractive potential returns. However, a closer look at the "buy high, sell higher" formula of momentum investing could result in even greater success – if you get your timing right. In the past 30 days the FTSE All Share has risen more than 6.5 percent – could that rise continue? And which stocks are riding the wave? We have … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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