Wednesday, January 25, 2012

DailyMarkets.com - GOL Demand Ups, Flattens On Yield

DailyMarkets.com - GOL Demand Ups, Flattens On Yield


GOL Demand Ups, Flattens On Yield

Posted: 25 Jan 2012 09:55 AM PST

GOL Linhas AƩreas Inteligentes S.A. (NYSE:GOL) recorded a demand increase of 2.8% year over year with a load factor of 65.5% for the month of December. Yield however remained flat over previous month.
Domestic demand increased by 2.8% over December 2010, backed by higher volume of domestic passenger traffic during the holiday periods of Christmas and New Year. Domestic demand registered a growth of 8.5% over November demand, primarily due to higher number of operational days and factors of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Abbott Beats On EPS, Guides In-Line

Posted: 25 Jan 2012 09:55 AM PST

Abbott Labs (NYSE:ABT) reported fourth quarter earnings of $1.45 per share, a penny above the Zacks Consensus Estimate and at the higher end of the guidance range provided by the company. Fourth quarter earnings increased 11.5% from the year-earlier period. Including one-time items, fourth quarter earnings increased 10.9% to $1.02 per share.
Fourth quarter revenues increased 4.1% to $10.4 billion, just shy of the Zacks Consensus Estimate of $10.6 billion.
Full year earnings came in at $4.66 per … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Tenet, BCBS Of Illinois Tie Up

Posted: 25 Jan 2012 09:35 AM PST

Last week, Tenet Healthcare Corp. (NYSE:THC) announced a long-term alliance with Blue Cross and Blue Shield of Illinois (BCBSI) in order to provide healthcare services to its members, effective March 1, 2012. However, the financial terms of the deal were not divulged.
As per the agreement, the members of BCBSI will have access to two of Tenet's hospitals, as well as its outpatient centers and Tenet Physicians Inc. The two hospitals involved in the deal are Des Peres Hospital and Saint Louis … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


A.M. Best Wary Of PartnerRe

Posted: 25 Jan 2012 09:21 AM PST

Ratings agency A.M. Best has placed PartnerRe Ltd. (NYSE:PRE) and its subsidiaries under the radar based on the catastrophe (CAT) losses, which have harshly hit the company's financials in 2011.
Hence, the rating agency has put the company and its operations under review with negative repercussions. A final say from the rating agency is expected after the company releases its earnings after the market closes on February 6, 2012. A.M. Best will analyse and compare PartnerRe's capital position … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


WellPoint Lags Est., Increases Div

Posted: 25 Jan 2012 09:07 AM PST

WellPoint Inc. (NYSE:WLP) reported fourth-quarter 2011 adjusted income of 99 cents per share, lagging the Zacks Consensus Estimate of $1.11 per share. Results were also 25.6% lower than $1.33 per share earned in the year-ago quarter. Adjusted income declined 34% to $347.0 million from $524.7 million in the fourth quarter of 2010.
Including net investment loss of $11.7 million or 3 cents per share, the company reported net income of $335.3 million or 96 cents per share, compared with $548.8 million … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Meredith Beats, Profit Falls

Posted: 25 Jan 2012 09:02 AM PST

Meredith Corporation (NYSE:MDP) recently posted better-than-expected second-quarter 2012 results on the back of healthy demand for non-political advertising at its Local Media groups, increased readership and online traffic, and effective cost management.
The quarterly earnings of 70 cents per share moved past the Zacks Consensus Estimate of 67 cents, but fell 21.3% from 89 cents earned in the prior-year quarter. On a reported basis, earnings slipped 20.5% year-over-year.
Management now expects … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Total System Exits 2011 Fairly

Posted: 25 Jan 2012 09:02 AM PST

Total System Services Inc. (TSS) reported fourth-quarter 2011 operating earnings of 31 cents per share, in line with the Zacks Consensus Estimate but modestly higher than 24 cents per share in the year-ago quarter.
Earnings per share surged 29.4%, while net income attributable to shareholders increased 27.0% to $59.7 million from $47.0 million in the prior-year period.
Results reflect increased revenues across all business segments and increase in overall transaction volume and new accounts. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Focus Moves Toward The Fed

Posted: 25 Jan 2012 09:02 AM PST

The focus today will be on the Fed, as the Central Bank unveils a new measure as part of its ongoing efforts to improve communication with the markets. The prospect of an even longer timeframe for lower interest rates, as many in the markets are hoping to come out of today's Fed releases, has the potential to pull stocks out of the slumber of the last two trading sessions.

A mixed earnings season thus far and the reemergence of Greece worries have prompted stocks to take a pause lately. It … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Commerce Bancshares Tops Estimates

Posted: 25 Jan 2012 09:02 AM PST

Commerce Bancshares Inc. (NASDAQ:CBSH) reported fourth-quarter 2011 earnings of 73 cents per share, ahead of the Zacks Consensus Estimate of 70 cents. However, after considering litigation settlement charges related to debit overdraft fees, Visa Inc. (NYSE:V) indemnification obligation costs and losses on held-for-sale real estate property, the company reported earnings per share of 69 cents.
Though the quarterly result compare unfavorably with the prior quarter's earnings of 72 cents per share, it … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stryker Meets In 4Q, Profit Jumps

Posted: 25 Jan 2012 09:02 AM PST

Stryker Corporation (NYSE:SYK) saw a healthy double-digit growth in its profits in the fourth quarter, which bucked a declining trend witnessed in the first three quarters of 2011. The Michigan-based orthopedic devices major's profit (as reported) shot up 35.9% to $401 million (or $1.05 a share) in the quarter on the heels of strong revenues.   
The company's adjusted earnings of $1.02 a share for the fourth quarter matched the Zacks Consensus Estimate and exceeded the year-ago … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Sluggish Sales Spoil IGT’s 1Q

Posted: 25 Jan 2012 09:02 AM PST

International Game Technology (IGT) reported weak first quarter 2012 results, with earnings per share (EPS) of 17 cents per share missing the Zacks Consensus Estimate by a nickel. EPS decreased 19.0% year over year, primarily attributed to sluggish revenue growth and higher operating expenses in the quarter.
Revenue
Total revenue decreased 1.3% year over year to $445.5 million in the first quarter and missed the Zacks Consensus Estimate of $488.0 million. Gaming Operations contributed 59.4% to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Altera Beats, Weak Guidance

Posted: 25 Jan 2012 09:02 AM PST

Chipmaker Altera Corporation (NASDAQ:ALTR) reported sales of $457.8 million in the fourth quarter of 2011, down 12% sequentially and 18% year over year.
The reported revenues surpassed management's revised guidance of $438.9 million – $454.6 million and Zacks Consensus Estimate of $451 million.
New products were down 13% sequentially. The decline in revenues in the fourth quarter was due to inventory reduction in the broad end market along with a slowdown in markets such as wireless … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Reasons To Stay Interested In SNWV

Posted: 25 Jan 2012 09:02 AM PST

Reasons To Stay Interested in SNWV

Brian Marckx, CFA

We met with SANUWAVE’s (SNWV) management at the J.P. Morgan Healthcare conference in San Francisco earlier this month and were encouraged by their steadfast belief in the ultimate success of dermaPACE.  This is despite the disappointing announcement in December that the FDA issued a major deficiency letter, rejecting approval of the device.  As a reminder, the FDA letter cites the failure of dermaPACE to meet the primary endpoint … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Motorola Solutions Outperforms In 4Q

Posted: 25 Jan 2012 09:02 AM PST

Motorola Solutions Inc. (MSI) reported excellent financial results for the fourth quarter of 2011 with both its top line and bottom line exceeding the Zacks Consensus Estimates.  The solid performance was mainly driven by solid demand across both Government and Enterprise segments.
Fourth-Quarter Results in Details
Quarterly GAAP net income from continuing operation was $184 million or 54 cents per share compared with $292 million or 49 cents per share in the prior-year quarter. However, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


PX 4Q Up Y/Y, Misses Estimate

Posted: 25 Jan 2012 09:02 AM PST

Industrial gas producer, Praxair Inc. (NYSE:PX) reported its fourth quarter financial results with adjusted earnings per share of $1.36, representing a 9% increase over the year-ago comparable quarter and close to management's guidance range of $1.33-$1.38. Results, however, plummeted 2.9% sequentially and fell short of the Zacks Consensus Estimate of $1.37.
For the fiscal year 2011, earnings per share were $5.43, up 15% year over year and one cent below the Zacks Consensus Estimate of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Canadian National Tops, Guides High

Posted: 25 Jan 2012 09:02 AM PST

Canadian National Railway (NYSE:CNI) reported adjusted earnings per share of C$1.30 ($1.27) in the fourth quarter of 2011, surpassing the Zacks Consensus Estimate by a penny. Adjusted earnings increased 20% from C$1.08 a year ago based on strong freight volume and pricing. For the full year, adjusted earnings per share grew 15.2% year over year to C$4.84.
Adjusted earnings for the fourth quarter and full year 2011 exclude the impacts of $11 million (or $0.02 diluted per share) in income tax … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Norfolk Exits 2011 On A High

Posted: 25 Jan 2012 09:02 AM PST

Norfolk Southern Corp. (NYSE:NSC), one of the leading U.S. railroad companies, reported fourth quarter earnings of $1.42 per share surpassing the Zacks Consensus Estimate by a couple of cents and increasing 30.3% from $1.09 in the year-ago quarter. For the full year, the company reported earnings per share of $5.45, up 36.3% year over year.
Norfolk continues to gain from highway-to-railway shift in shipments on the heels of rising fuel prices and tight truck capacity that ensured record high … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Walmart Holds ‘Idol’-Style Contest For Small Businesses; Winner Will Be Sold In 3,800 Stores

Posted: 25 Jan 2012 08:43 AM PST

USAToday — “Walmart is holding a contest called the “Get on the Shelf” program — an American Idol-style competition for small businesses. Two rounds of online voting will determine three winners, all of which will be sold online, with the grand prize winner gaining a spot in select stores.”  

Here are photos of some of the products that have been … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stocks Mixed, Apple Tops Exxon In Market Cap

Posted: 25 Jan 2012 08:10 AM PST

01/25/12 US stocks opened mixed amid cautious market sentiment. Apple shares soared to record highs and surpassed ExxonMobil for the highest market cap in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


As Euro Drops, So Does Oil

Posted: 25 Jan 2012 02:15 AM PST

01/25/12 Crude prices were in the red this morning, dropping below $98 a barrel as the euro continued to slide on stalled Greek debt … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Will U.S. Oil And Gas Manufacturers Be Included?

Posted: 25 Jan 2012 07:00 AM PST

U.S. oil and gas companies have been increasing production in America with “high-tech” manufacturing and creating thousands of new U.S. jobs for years. 

President Obama last night at the SOTU speech:

“If you're an American manufacturer, you should get a bigger tax cut. If you're a high-tech manufacturer, we should double the tax deduction you get for making products here. And if you want to relocate in a community that was hit hard when a factory left town, you should get help … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


U.S. Dollar On Top Ahead Of Critical FOMC Meeting

Posted: 25 Jan 2012 06:43 AM PST

Fundamental Headlines
• Economy in U.S. Preferred by Investors – Bloomberg
• Obama Calls for Higher Taxes on Wealthy – Bloomberg
• Fed Set to Push Back Timing of Eventual Rate Hike – Reuters
• German Bunds Draw Strong Demand – WSJ
• Obama Makes Populist Pitch – WSJ
European Session Summary
Price action was very choppy in the overnight, though, for the first time in what has seemed like weeks, the Asia sell-off / Europe rally trend was broken. Following Australian inflation … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stocks Slip But Apple Boosts Tech

Posted: 25 Jan 2012 01:15 AM PST

01/25/12 Global stocks were in the red Wednesday as unresolved Greek debt talks kept markets trading lower. However, tech stocks were in the green following impressive results from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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