Tuesday, January 10, 2012

DailyMarkets.com - CES 2012: Samsung Présents ES8000 High-end Televisions

DailyMarkets.com - CES 2012: Samsung Présents ES8000 High-end Televisions

CES 2012: Samsung Présents ES8000 High-end Televisions

Posted: 10 Jan 2012 05:00 PM PST

01/10/12 Samsung unveiled its new series of ES8000 high-end televisions today at CES 2012, including a massive 75-inch model with a dual-core processor, voice control functions, and so much … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Orange Juice Futures Soar On Supply Fears

Posted: 10 Jan 2012 03:58 PM PST

01/10/12 The front month contract for orange juice futures rallied nearly 11%. on supply worries. Following last week’s freeze in Florida, the FDA warned of fungicide in orange … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Education Realty Acquires Assets

Posted: 10 Jan 2012 03:40 PM PST

Education Realty Trust (NYSE:EDR) recently announced the acquisition of a four-storied apartment, namely 3494 Lindell, in St. Louis, Missouri for $28.45 million in cash.
The Lindell Property is located adjacent to the St. Louis University and is an affluent area with enrollments of approximately 13,200 undergraduate and graduate students and also attracts residents from St. Louis University. The property is currently 91.0% occupied.
The apartment community provides all the luxury for its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Can Whistleblowers ‘Cross-Examine’ The SEC? Part II

Posted: 10 Jan 2012 03:37 PM PST

My commentary the other day entitled Can Whistleblowers 'Cross-Examine' the SEC? received a fair bit of attention and some rather interesting comments. In light of the very fluid developments within the realm of financial regulation I strongly recommend that post.
The primary concern I raised within that commentary and hence the title was that a key panel at the upcoming 39th Annual Securities Regulation Institute consists solely of industry insiders. Why might that be such a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: EU Haircut May Not Be So Bad

Posted: 10 Jan 2012 03:23 PM PST

Cusick’s Corner 01-10-2012
Late day headlines out of the EU and a solid break to the upside show us that the Bulls may have the upper hand. Also, with the market settling right off the highs, S&Ps at 1286, this gives them more momentum going into the session tomorrow. If the headlines out of the EU continue to be positive, like news coming out after the close about Greece and Spain constructive debt, or there’s continued talk that Chinese policy could be easing, then the market looks poised … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/cnh Continue To Hug The Bottom Of The Wedge.

Posted: 10 Jan 2012 03:22 PM PST

usd/cnh continue to hug the bottom of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CP Frowns On Ackman Plan

Posted: 10 Jan 2012 03:20 PM PST

Canadian Pacific's (NYSE:CP) recent face-off with imminent investor William A. Ackman, founder and CEO of Pershing Square Capital, is currently in the limelight and has sparked a lot of speculation over the company's future.
Earlier this month, Ackman, who owns approximately a 12% stake in Canadian Pacific proposed to replace CEO Fred Green with Hunter Harrison, former CEO of rival Canadian National (NYSE:CNI). 
William Ackman is popular in the industry for buying stakes in companies and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Secondary Offering By ARMOUR Residential

Posted: 10 Jan 2012 03:20 PM PST

ARMOUR Residential REIT, Inc. (ARR), a real estate investment trust (REIT) that invests in residential mortgage backed securities (RMBS), has recently announced a secondary offering of 9 million shares. The company has also decided to grant the underwriters an option to purchase an additional 1.35 million shares to cover any over-allotment.
Deutsche Bank Securities Inc., the U.S. investment banking and securities arm of Deutsche Bank AG (NYSE:DB), is acting as the sole book-running manager for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

P&G’s Duracell Reaches Out

Posted: 10 Jan 2012 03:03 PM PST

Procter and Gamble Company's (NYSE:PG) Duracell battery has taken up aggressive promotional activity for its Powermat batteries. The company has brought in Grammy-winner Jay-Z for endorsing its wireless charger, The Duracell Powermat.
Jay-Z will contribute his powerful celebrity image to the brand, with his proven capability to convince a technology-savvy generation who swears by their smartphones. The celebrity will enable Duracell Powermat deliver the message that consumers need not sacrifice … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

FRT To Control Shopping Center

Posted: 10 Jan 2012 03:00 PM PST

Federal Realty Investment Trust (NYSE:FRT) recently announced that it has bought an 89.9% controlling interest in Montrose Crossing, a shopping center in Rockville, Maryland, for $127 million.
Montrose Crossing, spanning 357,000 square feet, is a dominant shopping center with productive tenant sales anchored by a 73,000 square foot Giant Food, Old Navy, Marshall’s and Sports Authority, and consists of a variety of restaurants, service tenants and retail usage.
Subsequent to the acquisition, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

LTE Shaping Future For Telecom

Posted: 10 Jan 2012 02:50 PM PST

In a technology driven world, it has become a prerequisite for the telecom companies to upgrade its mobile technology with the high-speed networks. Currently, the Telecom industry is focusing on the next-generation technology (i.e. fourth generation [4G]), which is based on Long Term Evolution (LTE).
LTE has become the life-blood for operators across the world. It is an evolution of GSM and Universal Mobile Telecommunication System (UMTS) standards.
Significance
Introduced in mid-2009, LTE … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CEO Spotlight: Richard M. Haddrill, Bally Technologies

Posted: 10 Jan 2012 02:50 PM PST

01/10/12 Bally Technologies’ CEO and Director, Richard Haddrill, discusses growth expectations, challenges and recent developments for the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Rockwell Collins

Posted: 10 Jan 2012 02:40 PM PST

Rockwell Collins Inc. (NYSE:COL), the supplier of avionics and military equipment, announced that it would release its results for the first quarter of 2012 ending on December 31, 2011, before the market opens on January 19, 2012.
Earlier, Rockwell in the fourth quarter of 2011 ending on September 30, 2011, reported adjusted earnings per share of $1.02 per share short of the Zacks Consensus Estimate of $1.14. However, results comfortably beat the year-ago quarterly earnings per share of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Avnet Makes Progressive Advances

Posted: 10 Jan 2012 02:40 PM PST

Avnet, Inc. (NYSE:AVT) recently announced two major advances – ILS Technology under Avnet Embedded, Avnet Electronics Marketing Americas and Data Center Demonstration Resources of Cisco Systems Inc. (NASDAQ:CSCO) under Avnet Technology Solutions.
With the introduction of ILS Technology, machine-to-machine (M2M) connectivity will be enhanced with edge-to-enterprise enablement and cloud services, which shall operate without hassles of custom programming in a safe and state-of-the-art manner. This shall … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Expect More Sideways Action

Posted: 10 Jan 2012 02:35 PM PST

The near perfect behavior of the gold bull market is not to continue.

Expect more sideways action to flush out more of the weak hands, the sell off was deep and with the US dollar having its day in the sun (euro mess etc), you cant expect new highs for gold.

What this means is if you missed out at getting into gold at $1500, then you are likely to get another chance, and shock horror maybe lower than $1500.

Previous Posts:
Gold Gann Angle and Cycle review
Gold cycle review, the next gold … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Retaining AngioDynamics At Neutral

Posted: 10 Jan 2012 02:20 PM PST

We reaffirm our Neutral recommendation for therapeutic and diagnostic devices maker AngioDynamics (NASDAQ:ANGO) following its second-quarter fiscal 2012 results. The company's adjusted earnings of 13 cents a share beat the Zacks Consensus Estimate by a penny. Revenues climbed 9% year over year to $58.1 million, topping the Zacks Consensus Estimate of $56 million.
However, profits tanked 29% year over year on account of charges associated with CEO departure and the closure of the company's U.K. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDSGD Sitting On Trendline Support

Posted: 10 Jan 2012 02:18 PM PST

North Dakota Sets More Oil Production Records In November; Above 500K Daily Barrels For First Time

Posted: 10 Jan 2012 02:15 PM PST

The “Economic Miracle State” of North Dakota pumped another record amount of oil during the month of November at a daily rate of 509,754 barrels, which was 43% above last year’s output, and the first time that the state’s daily production exceeded 500,000 barrels (see chart above, data here).  Oil production in the Peace Garden State has more than doubled in two years from 246,000 barrels per day in November 2009, and North Dakota is now producing enough oil to completely displace the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

5 Stocks To Keep On Your Radar

Posted: 10 Jan 2012 02:12 PM PST

 ( click to enlarge )

We are on the verge of a possible breakout in the shares of Cisco Systems, Inc. (NASDAQ:CSCO). The technical chart shows an ascending triangle formation, with prices testing the resistance at $19 on three occasions. I’d buy it when it breaks the high at $19 on a close basis on heavy volume.

  ( click to enlarge )

InterDigital, Inc. (NASDAQ:IDCC) – Long setup. Stock closed at $43.28 above of its 50-day moving average, generally considered a Buy signal. Indicators have … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Diamond Orders New Rig: Ocean Onyx

Posted: 10 Jan 2012 02:10 PM PST

Diamond Offshore Drilling Inc (NYSE:DO) has recently awarded a contract to Singapore-based Keppel Offshore & Marine Ltd. for the construction of a moored semi-submersible rig valued at $300 million.
The rig will be named Ocean Onyx and is expected to be delivered by the third quarter of 2013. The company will use its available funds to bear the total cost of the construction that includes commissioning, spares and project management but excludes capitalized interest.
Ocean Onyx will be … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

State Street Reiterated At Neutral

Posted: 10 Jan 2012 02:00 PM PST

We maintain our long-term Neutral recommendation on State Street Corp. (NYSE:STT) after reviewing the company's third-quarter results, which were substantially ahead of the Zacks Consensus Estimate. The company's stable capital position, ability to boost shareholders value and restructuring initiatives undertaken to improve bottom line are expected to offset the weakness caused by the sluggish economic recovery.
However, given the ongoing weakness in the mortgage market, we remain concerned … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

WESCO Acquires RS Electronics

Posted: 10 Jan 2012 02:00 PM PST

WESCO International, Inc. (NYSE:WCC) completed the previously announced acquisition of RS Electronics, a distributor of electronic and electrical products. Terms of the deal were not disclosed.
Michigan-based RS Electronics Inc. is a leading North American distributor of electrical products, serving primarily the industrial, medical equipment, automotive and contract manufacturing end markets. The company has eight branches located in the Midwest and Southeast with projected sales of approximately … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Helps Dow Climb

Posted: 10 Jan 2012 09:00 AM PST

01/10/12 NYFP’s Closing Bell Report: The Dow continued to rise this session on earnings and improved performance in global … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

IBM To Focus On Analytics

Posted: 10 Jan 2012 01:55 PM PST

Analytics has emerged as the new focal point for IBM Corp. (NYSE:IBM) in 2012.The company looks set to drive significant growth in this fast-growing sector, according to CEO Virginia Rometty.
The strong growth of analytics can be attributed to the increasing complexity enterprises are facing in the decision making process. According to market research firm Gartner, analytics is expected to be one of the topmost strategic technologies for 2012.
The research firm believes that the scope of analytics … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Luxury Brands Drive AutoNation

Posted: 10 Jan 2012 01:35 PM PST

AutoNation Inc. (NYSE:AN) revealed an 11% rise in new vehicle sales to 24,342 units in December last year, mainly driven by strong sales growth in its Premium Luxury brands.
Sales of the Domestic brands, which comprise stores that sell vehicles manufactured by General Motors (NYSE:GM), Ford Motor Co. (NYSE:F) and Chrysler LLC, escalated 17% on a year-over-year basis to 7,609 units.
Sales of the Import brands, comprising stores that sell vehicles manufactured primarily by Toyota Motor Corp. (NYSE:TM), Honda … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Rite Aid December Comps Rise

Posted: 10 Jan 2012 01:30 PM PST

Same-store sales for December were strong at drugstore chain Rite Aid Corporation (NYSE:RAD), driven by increased pharmacy sales. Same-store sales (comps) for the month increased 3.6% from last year, with front-end comps increasing 0.7%, pharmacy comps up 5.2% and prescription count at comparable stores increasing 3.2%.
Pharmacy comps for December incorporated a negative impact of around 177 basis points from new generic introductions.
Sales results, for the five weeks ended December 31, 2011, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Stocks Hit Five Month High On Chinese Optimism, Earnings; Dow Up 0.52%

Posted: 10 Jan 2012 01:23 PM PST

Forexpros – U.S. stock rallied to a 5 month high Tuesday on optimism that China may begin monetary easing spurring economic growth and Alcoa kicking off the earnings season on a positive note.

At the close of U.S. trade, the Dow Jones Industrial Average advanced 0.56%, the S&P 500 climbed by 0.84% and the Nasdaq Composite added 0.97%.

China’s reported a drop in import growth triggering speculation that monetary easing is right around the corner adding to the worldwide stock … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Nokia Unveils Upgraded Smartphone

Posted: 10 Jan 2012 01:20 PM PST

Nokia Corporation (NYSE:NOK) plans to launch its first LTE-based Window smartphone called Nokia Lumia 900 on AT&T's (NYSE:T) network. The new handset, based on LTE technology, offers faster downloading speed and will be launched in the U.S. market in the upcoming months.
In December last year, Nokia also launched its first Windows smartphones called Nokia Lumia 710 on T-Mobile networks, mainly targeting the low-end U.S. market, and is priced at a mere $50. The new device will hit the U.S. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: How Time Flies

Posted: 10 Jan 2012 01:18 PM PST

Cusick’s Corner 01-10-2012
My apologies for the late Midday commentary, it’s just one of those days. With today’s bump and the enthusiasm in this market, swing longs may be looking to take some partial profits. We have had a nice breakout after a decent consolidation which does give credence to further moves to challenge the upside, 1300 for the S&Ps. Also take a look at the Silver, SLV, this is an impressive move and could be a flag for the Semis, as we discussed yesterday. See you After … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Benlysta Sales Expected To Improve

Posted: 10 Jan 2012 01:10 PM PST

Human Genome Sciences, Inc. (NASDAQ:HGSI) recently announced that it expects net sales of its lupus drug, Benlysta, to improve by approximately 34% sequentially to $25.7 million in the final quarter of 2011. Net sales of Benlysta for full-year 2011 are expected to come in at $52.3 million. The company announced the preliminary Benlysta sales at the 30th annual healthcare conference of JPMorgan (NYSE:JPM).
Human Genome co-developed Benlysta, which has blockbuster potential, with GlaxoSmithKline (NYSE:GSK). … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Analyst Interviews: Airline Industry Stock Outlook

Posted: 10 Jan 2012 01:05 PM PST

The airline industry was hit hard in 2011, by the unrelenting market turmoil and rising fuel costs after a strong rebound in 2010. Major carriers experienced declining year-over-year earnings and revenues. Unfortunately, we foresee a similar scenario in 2012.

Conditions could worsen in 2012, stemming from the weak outlook for Europe given its financial problems. According to the International Air Transport Association (IATA), airlines are expected to generate overall profits of $3.5 billion in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ICICI Bank Lowered To Underperform

Posted: 10 Jan 2012 01:05 PM PST

We have downgraded our long term recommendation on ICICI Bank Ltd. (NYSE:IBN) to Underperform from Neutral mainly on increasing operating expenses. Though the company's net earnings for the second quarter of fiscal 2012 (ended September 30) improved as a result of higher net interest income and a much lower provision for loan loss, a substantial rise in operating expenses was the downside.
We expect synergies from ICICI Bank's dependence on domestic loans, stable funding base and leadership … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

FMC Signs Australian Supply Deal

Posted: 10 Jan 2012 12:55 PM PST

The Australian subsidiary of FMC Technologies Inc. (NYSE:FTI) has secured a manufacturing and supply contract from the domestic firm Woodside Energy Ltd. This deal will fetch FMC Technologies approximately $150 million in revenue.
Per the agreement, FMC Technologies will design, manufacture and deliver subsea production systems that will be utilized in the Greater Western Flank (GWF) Phase 1 Project. The scope of the contract involves the supply of six subsea production trees, six wellheads, two … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Celgene’s Preliminary Earnings Impress

Posted: 10 Jan 2012 12:50 PM PST

Celgene Corporation's (NASDAQ:CELG) fourth quarter 2011 preliminary unaudited adjusted (excluding stock-based compensation expense and other special items) earnings of $1.05 per share were above the year-ago earnings by approximately 46%.
Adjusted earnings (excluding stock-based compensation expense and other special items) for the full year 2011 climbed approximately 36% year over year to $3.79 per share. The year-over-year beat was attributable to strong sales of Celgene's cancer products … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Home Value Blocks Refinance To Lower Rate & Savings

Posted: 10 Jan 2012 12:39 PM PST

… [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Genomic Looks To Diversify Offering

Posted: 10 Jan 2012 12:35 PM PST

Over the recent past, Genomic Health (NASDAQ:GHDX), an oncology based biotech company, has been working on several pipeline programs to reduce dependence on its flagship product, Oncotype DX breast cancer test. The company to that end initiated a large validation study of its prostate cancer test in collaboration with the University of California, San Francisco.
The study hopes to determine whether a multi-gene test can help distinguish an aggressive disease (that will require surgery) from a less … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Futures Rally On Weaker Dollar

Posted: 10 Jan 2012 12:06 PM PST

Forexpros – bsp;- Gold futures surged in mid U.S. trade Tuesday on a weaker dollar and euro zone optimism.

On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1632.75 a troy ounce during mid U.S. trade surging 1.53%.

It earlier hit a high of USD1637.15, the highest since December 14th.

Gold futures were likely to find support at USD1606.05 and technical resistance exists at USD1645.65, the high of December 14th.

Weakness in the U.S. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Futures Trading On Wednesday, January 11, 2012

Posted: 10 Jan 2012 04:32 AM PST

By ForexMansion.com

The Trend Trader for Futures
For Trading On Wednesday, January 11, 2012

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Mar ESH2
1286.00
+ 0.82
1277.36
1272.08

Bullish

Dow Jones – Mar YMH2
12390
+ 0.43
12346
12314

Bullish

Nasdaq – Mar NQH2
2363.50
+ 0.71
2353.36
2337.83

Bullish

Russell – Mar TFH2
761.60
+ 1.52
751.59
746.40

Bullish

INTEREST RATES

US T-Bond – Mar ZBH2
142-27
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Wednesday, January 11, 2012

Posted: 10 Jan 2012 04:02 AM PST

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Wednesday, January 11, 2012

The top 40 ETFs by net assets
In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AGG – iShares Lehman Aggregate Bd Fd
110.00
− 0.03
110.09
110.05

Bearish

BND – Vanguard Total Bond Market ETF
83.37
− 0.05
83.40
83.32

Neutral

DBC – DB Commodity Index Tracking Fd
27.82
+ 0.72
27.66
27.61

Bullish

DIA – SPDR DJ Industrial Average … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Forex Trading On Wednesday, January 11, 2012

Posted: 10 Jan 2012 04:02 AM PST

By ForexMansion.com

The Trend Trader for Forex
For Trading On Wednesday, January 11, 2012

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0316
+ 0.76
1.0248
1.0270

Bullish

EURUSD – Euro / US Dollar
1.2776
+ 0.08
1.2753
1.2830

Neutral

GBPUSD – British Pound / US Dollar
1.5483
+ 0.14
1.5453
1.5490

Neutral

USDCAD – US Dollar / Canadian Dollar
1.0156
− 0.77
1.0229
1.0213

Bearish

USDCHF – US Dollar / … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Stock Trading On Wednesday, January 11, 2012

Posted: 10 Jan 2012 04:02 AM PST

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Wednesday, January 11, 2012

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
9.44
+ 0.11
9.37
9.18

Bullish

AXP – American Express Company
48.67
+ 0.58
48.51
48.31

Bullish

BA – Boeing Co
75.00
+ 0.63
74.40
73.91

Bullish

BAC – Bank of America Corporation
6.63
+ 5.74
6.34
6.05

Bullish

CAT – Caterpillar Inc
99.96
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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