DailyMarkets.com - Hot Option Plays: Morning Rally Loses Some Steam
DailyMarkets.com - Hot Option Plays: Morning Rally Loses Some Steam |
- Hot Option Plays: Morning Rally Loses Some Steam
- FMC, Anadarko Sign Service Deal
- HealthSpring Shareholders Approve Merger
- Conoco To Halve Alberta Oil Sands
- US Supreme Court Declines To Hear Standard Chartered V FINRA
- U.S. Stocks Close Higher On Bullish Worldwide Data; DOW Up 0.48%
- Polycom To Integrate IBM Sametime
- Forex Trading: Usd/hkd Broke Out Of An Hourly Wedge.
- Forex Trading: Usd/cnh Finally Peeking Through The Bottom Of The Wedge.
- BSX Showcases Positive Data
- Oclaro Recovers From Thailand Flood
- Earnings Preview: F5 Networks
- Dick Morris TV: Union Power Grab
- Gold Futures Continue Upward Trend
- Raytheon In Patriot Upgrade Deal
- Natural Gas Futures Plunge 18% In 6 Sessions
- Affymetrix, BGI Join Forces
- PSMH: Update On Iowa Mortgage Professionals, Inc. Acquisition
- China’s Internet Users Top Half Billion
- Novartis To Cut Jobs
- Colombia Coffee Yield At Record Low
- FSLR Sets Module Efficiency Record
- Forex – U.S. Dollar Lower On Positive Euro Zone Numbers, Risk Embrace
- Earnings Preview: Intuitive
- Hot Option Plays: Market’s Acting Like It’s 1999
- UDR Acquires JV Property
- Earnings Preview: EBay Inc.
- Another Gas Find For Anadarko
- Polcari: “Pent-up Demand For US Equities…people Want To Jump In”
- Crude Oil Futures Break USD100 On China, Iran Fears
- Starwood To Outperform Ahead
- Forex Trading: EURUSD Tests 50% And 100 Hour MA Again
- When Are You Sure Your Mortgage Is Approved?
- Forex – EUR/USD Advances On Falling Yields, ZEW Report
- France Telecom To Exit Austria
- Alcoa Shuts Smelter In Italy (revised)
- Forest Beats, Ups View
- Disappointing 4Q For Citigroup
- Wells Fargo Beats Ests By A Penny
- M&T Bank Misses Estimate
- Valmont Upgraded To Outperform
- Euro Rally Continues On Data, Risk Appetite
- KeyCorp Remains On The Sidelines
- Euro Stocks Surge On China’s Numbers, German Confidence; DAX Up 1.82%
- ABB Completes HVDC Commissioning
- Stock Market News Briefs: Bank Of America, Citigroup, J P Morgan Chase & Co
- China News Tops Earnings Results
- Earnings Preview: Plexus Corp.
- Parkway Restructures Portfolio
- Lamar Upgraded To Outperform
- Crocs Set To Hit Billion In 2011
- ADP Reaches India
- Earnings Preview: Cubist Pharma
- Life Technologies Forms JV In China
- New Co-marketing Agreement May Boost PBIO’s Sales Immediately
- Unisys Receives CSU Contract
- Wal-Mart’s ECommerce Names Its CEO
- BorgWarner Expects Higher Profits
- Milestone For Stereotaxis’ Niobe ES
- Initiating Coverage Of FluoroPharma Medical
- PRAA Buys Mackenzie Hall Holdings
- China Switching To Expansionary Policies?
- Forex Trading: EURUSD Continues To Take It On The Chin
- Forex Trading: EURJPY Falls From Upside Trendline Resistance
- Forex Trading: GBPUSD Playing The Range
- Bank Of Canada Maintains Interest Rate At 1.00%
- 2012 Speaking Tour!
- Quote Of The Day On Disparities In Achievements
- Dow Posts Triple-digit Gain
- Markets In Everything: Roll-Your-Own Cigarettes
- Forex – Dollar Pares Losses As Euro Zone Worries Resurface
- Natural Gas Hits Fresh 28-month Low, Tumbles 18% In 6 Days
- Forex – GBP/USD Pares Gains Amid Sustained E.Z. Concerns
- Gallup’s Jobless Rate Falls To 8.3% In Mid-January
- Gold Futures Trade Above USD1,660 With Greece In Focus
- Forex – EUR/USD Trims Gains As Debt Crisis Worries Weigh
- Top 20 Predictions For Life 100 Years From Now
- U.S. Stocks Higher On Market Optimism; Dow Jones Up 0.87%
- Crude Rises Overnight On Data And Averted Strike
- Crude Oil Tops USD100 On Mideast Supply Concerns, Chinese Data
- Forex – USD/CAD Pares Losses After BoC Keeps Rate Unchanged
- New York State Manufacturing Expands In January; The Six-Month Outlook Is Highly Optimistic
- Commodity Currencies On Top Amid Strong Data Across Globe
- Global Stocks Jump On Chinese & German Data
- Bank Of Canada Leaves Interest Rate Unchanged At 1.00%
- Forex – EUR/JPY Rises To 2-day High On German ZEW Data
- What The Next Decade Holds For Commodities
| Hot Option Plays: Morning Rally Loses Some Steam Posted: 17 Jan 2012 02:18 PM PST Cusick’s Corner 01-17-2012
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| FMC, Anadarko Sign Service Deal Posted: 17 Jan 2012 02:10 PM PST Oil drilling equipment maker FMC Technologies Inc. (NYSE:FTI) inked a deal with Anadarko Petroleum Corporation (NYSE:APC), whereby it will render subsea systems and life-of-field services to the latter. None of the parties disclosed the financial terms of the agreement.
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| HealthSpring Shareholders Approve Merger Posted: 17 Jan 2012 02:00 PM PST The acquisition of HealthSpring Inc. (NYSE:HS) by CIGNA Corp. (NYSE:CI) has received the approval of the former company’s shareholders. The approval came from approximately 83% of the shareholders, at a special meeting held on January 12, 2012.
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| Conoco To Halve Alberta Oil Sands Posted: 17 Jan 2012 02:00 PM PST An integrated oil company, ConocoPhillips (NYSE:COP) intends to shed 50% interest in six of its Canadian oil sands holdings. Currently, the properties yield 12,000 barrels a day from an estimated 30 billion barrels of bitumen in place. The assets have a capability to produce in excess of half a million barrels a day in due course of time.
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| US Supreme Court Declines To Hear Standard Chartered V FINRA Posted: 17 Jan 2012 01:54 PM PST In the fall of 2009 I was asked by some Washington based attorneys if I was aware of a case known as Standard Chartered v FINRA. I informed them that I did not know the case.
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| U.S. Stocks Close Higher On Bullish Worldwide Data; DOW Up 0.48% Posted: 17 Jan 2012 01:42 PM PST Forexpros – bsp;- U.S. stocks extended their 2 week rally Tuesday on bullish domestic and international economic data. At the close of U.S. trade, the Dow Jones Industrial Average gained 0.49%, the S&P 500 advanced 0.36% and the Nasdaq Composite closed higher by 0.64%. Stocks advanced as a report indicated that manufacturing in the New York region expanded in January at the fastest pace in nine months adding to the bullish sentiment. A German investor confidence index rocketed higher … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Polycom To Integrate IBM Sametime Posted: 17 Jan 2012 01:25 PM PST Polycom, Inc. (NASDAQ:PLCM) recently entered into a strategic partnership with IBM (NYSE:IBM) to incorporate its popular RealPresence video solutions technology with IBM's interactive application called IBM Sametime and IBM Connections.
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| Forex Trading: Usd/hkd Broke Out Of An Hourly Wedge. Posted: 17 Jan 2012 01:18 PM PST usd/hkd broke out of this hourly wedge and gaped … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex Trading: Usd/cnh Finally Peeking Through The Bottom Of The Wedge. Posted: 17 Jan 2012 01:18 PM PST usd/cnh finally peeking through the bottom of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 17 Jan 2012 01:10 PM PST Boston Scientific Corporation (NYSE:BSX) presented results from its Orion trial at a conference in Miami. The study, which enrolled 125 patients, demonstrated positive outcome for its Epic self-expanding nitinol stent system in patients with iliac artery disease. This is a form of peripheral artery disease associated with severe leg pain caused by insufficient blood flow.
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| Oclaro Recovers From Thailand Flood Posted: 17 Jan 2012 01:10 PM PST Earnings estimates for Oclaro, Inc. (OCLR) have declined a bit lately ahead of the second quarter results of fiscal 2012.
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| Posted: 17 Jan 2012 01:10 PM PST F5 Networks Inc. (NASDAQ:FFIV) is scheduled to announce its first quarter fiscal 2012 results on January 18, 2012, and we notice no material movement in analyst estimates.
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| Dick Morris TV: Union Power Grab Posted: 17 Jan 2012 12:48 PM PST In the video above, Dick Morris explains why Obama’s recess appointments to the Labor Relations Board could mean coerced, mandatory … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Gold Futures Continue Upward Trend Posted: 17 Jan 2012 12:45 PM PST Forexpros – Gold futures advanced for the second day on Tuesday hitting the highest level since mid December on a weakening U.S. dollar and worries about a possible Greek default. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1651.55 a troy ounce during late U.S. trade advancing 1.27%. Earlier prices hit a high of USD16367.95 surging 2.05%. Gold futures were likely to find support at USD1631.95 a troy ounce, Monday’s low and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Raytheon In Patriot Upgrade Deal Posted: 17 Jan 2012 12:30 PM PST Raytheon Company (NYSE:RTN) has received a $51.3 million contract from the U.S. Army Aviation and Missile Command ("AMCOM") to upgrade and configure the Patriot Advanced Capability-2 missiles into the Guidance Enhanced Missile-Tactical (GEM-T) pattern.
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| Natural Gas Futures Plunge 18% In 6 Sessions Posted: 17 Jan 2012 12:24 PM PST Forexpros – Downward pressure remains heavy on natural gas as prices plunged to new 28-month lows for the sixth straight day on Tuesday, as forecasts as warm winter weather forecasts in the U.S. and bearish worries over high inventory levels continued to weigh on the heating fuel. On the New York Mercantile Exchange, natural gas futures for February delivery traded at USD2.487 per million British thermal units during late U.S. trade, plummeting 6.85%. Prices plunged earlier by as much as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 17 Jan 2012 12:08 PM PST Genetic products maker Affymetrix (NASDAQ:AFFX) has inked a Memorandum of Understanding ("MOU") with leading genomics center "BGI" to co-develop and commercialize microarrays for genotyping analysis (a process used to analyze genetic differences between organisms or cells). The collaboration will aim at developing and marketing a range of plant, crop, and livestock microarrays in an effort to broaden the use of molecular tools in agriculture.
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| PSMH: Update On Iowa Mortgage Professionals, Inc. Acquisition Posted: 17 Jan 2012 12:00 PM PST PSMH: Update on Iowa Mortgage Professionals, Inc. Acquisition On January 13, 2012, PSMH released pro forma financial statements for its acquisition of Iowa Mortgage Professionals, Inc. (IMP), which closed on November 1, 2011. Iowa Mortgage Professionals, Inc. is a mortgage banking and brokerage company based in Des Moines, Iowa, and had annual loan production of $164 million in 2010. The principal owner of IMP, Mr. Randy Stevens, received 1,285,714 shares of PSMH in exchange … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| China’s Internet Users Top Half Billion Posted: 17 Jan 2012 12:00 PM PST 01/17/12 According to an official CNNIC report, the number of Internet users in China soared to 513 million in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 17 Jan 2012 11:50 AM PST Continuing the cost-cutting trend which was started by its US counterparts, Swiss company Novartis (NYSE:NVS) recently announced that it will lay off 1,960 employees in the US in anticipation of lower revenues from two of its hypertension medicines.
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| Colombia Coffee Yield At Record Low Posted: 17 Jan 2012 11:50 AM PST Colombia, the world's second largest coffee producer and exporter, is experiencing consistent bad weather, following which the coffee production dropped 12% to 7.809 million bags in 2011. This is the lowest level witnessed since 1976 from 8.923 million bags a year earlier.
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| FSLR Sets Module Efficiency Record Posted: 17 Jan 2012 11:50 AM PST First Solar Inc. (NASDAQ:FSLR) announced it set a new world record for cadmium-telluride (CdTe) photovoltaic (PV) solar module efficiency, achieving 14.4% total area efficiency. The U.S. Department of Energy's National Renewable Energy Lab (NREL) confirmed the record, which eclipsed the prior record of 13.4%, which was also set by First Solar.
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| Forex – U.S. Dollar Lower On Positive Euro Zone Numbers, Risk Embrace Posted: 17 Jan 2012 11:28 AM PST Forexpros – The U.S. dollar traded lower against its major counterparts Tuesday on strong German confidence numbers and sharply lower Spanish yields signaling investors to embrace risk. During late session U.S. trade, the greenback traded lower against the euro, with EUR/USD gaining 0.55% to hit 1.2736. The euro surged over 1% earlier when the German ZEW investor confidence index jumped the most on record. The numbers advanced from minus 21.6 to minus 53.8 in December, the largest gain … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 17 Jan 2012 11:25 AM PST Intuitive Surgical (NASDAQ:ISRG) is slated to report its fourth quarter and fiscal 2011 results on Thursday, January 19, 2012. The current Zacks Consensus Estimates for the fourth quarter and fiscal year are $3.34 and $11.89, representing an estimated 10.7% and 25.57% annualized growth, respectively.
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| Hot Option Plays: Market’s Acting Like It’s 1999 Posted: 17 Jan 2012 11:18 AM PST Cusick’s Corner
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| Posted: 17 Jan 2012 11:06 AM PST UDR, Inc. (NYSE:UDR), a leading multifamily real estate investment trust (REIT), has recently acquired 'Columbus Square' – a luxury apartment community comprising 5 high-rise buildings in New York City, through its joint venture with MetLife, Inc. (NYSE:MET). Both UDR and MetLife have a 50% interest each in the joint venture dubbed UDR/MetLife II.
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| Posted: 17 Jan 2012 11:06 AM PST eBay Inc. (NASDAQ:EBAY) is scheduled to announce its fourth quarter fiscal 2011 results on January 18, 2012, and we notice no movement in analyst estimates.
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| Posted: 17 Jan 2012 11:06 AM PST Independent oil and gas producer Anadarko Petroleum Corporation (NYSE:APC) made another discovery off the coast of Mozambique. This new find to a large extent substantiated the company's projection that the Offshore Area 1 of Mozambique’s Rovuma Basin at the Lagosta prospect has 15 -30 trillion cubic feet (Tcf) of recoverable natural gas.
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| Polcari: “Pent-up Demand For US Equities…people Want To Jump In” Posted: 17 Jan 2012 10:50 AM PST 01/17/12 ICAP Equities’ Kenneth Polcari discusses the S&P downgrades of several EU nations, the latest economic data and earnings … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Crude Oil Futures Break USD100 On China, Iran Fears Posted: 17 Jan 2012 10:34 AM PST Forexpros – Crude oil futures broke the psychologically critical USD100.00 per barrel level Tuesday on Iranian supply fears and Chinese economic numbers. On the New York Mercantile Exchange, light sweet crude futures for February settlement traded at USD100.70 a barrel during mid U.S. trade adding 1.84%. It earlier climbed to USD101.19 adding 2.2% to trade at the highest level since last Thursday. Weakness in the U.S. dollar helped lift crude oil prices. The dollar index, which tracks the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 17 Jan 2012 10:25 AM PST We have an Outperform recommendation on Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) based on its strong expansion plan, significant international exposure, portfolio restructuring, earnings power as well as returns to shareholders.
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| Forex Trading: EURUSD Tests 50% And 100 Hour MA Again Posted: 17 Jan 2012 10:18 AM PST The EURUSD is back down testing the 100 hour MA (blue line ) and 50% retracement of the days range at the 1.2727 level. The two support levels were tested in the NY morning and fell below the support, but found support at the 61.8% before correcting back higher. Now, another test will either confirm the downside or refute the move. This could be the clue that market is waiting for. Then again it could just lead to the rotation back to the 200 hour MA (green line). … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| When Are You Sure Your Mortgage Is Approved? Posted: 17 Jan 2012 10:16 AM PST … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – EUR/USD Advances On Falling Yields, ZEW Report Posted: 17 Jan 2012 10:11 AM PST Forexpros – bsp;- The euro advanced against the U.S. dollar Tuesday as yields fell at auction and German investor confidence soared. EUR/USD hit a low of 1.2650 during U.S. trade. The pair is off a high of 1.2807 and is currently trading at 1.2729 up 0.49%. The pair was likely to find support at 1.2625, Monday’s low and technical resistance exists at 1.2844, the high of January 12th. he single currency gained strength as The German ZEW investor confidence index surged the most on record. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| France Telecom To Exit Austria Posted: 17 Jan 2012 10:10 AM PST France Telecom S.A. (NYSE:FTE) is in talks to sell its 35% stake in Orange Austria to Hong Kong-based conglomerate Hutchison Whampoa Ltd for €1.4 billion ($1.78 billion). Orange Austria is jointly owned by France Telecom and private equity firm Mid-Europa Partners.
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| Alcoa Shuts Smelter In Italy (revised) Posted: 17 Jan 2012 10:10 AM PST Aluminum giant Alcoa Inc. (NYSE:AA) announced that it will close its Portovesme smelter in Italy, despite Rome's interest in keeping operations on the island of Sardinia running.
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| Posted: 17 Jan 2012 10:04 AM PST Forest Laboratories, Inc. (NYSE:FRX) reported earnings per share of $1.04 in the third quarter of fiscal 2012, beating the Zacks Consensus Estimate of $1.00. Third quarter fiscal 2012 earnings, however, came in below the year-earlier earnings of $1.34. Despite an increase in revenues, higher costs led to the year-over-year decline in earnings.
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| Disappointing 4Q For Citigroup Posted: 17 Jan 2012 09:50 AM PST Citigroup Inc.'s (NYSE:C) fourth-quarter 2011 earnings per share of 38 cents missed the Zacks Consensus Estimate of 50 cents. The company's earnings per share also deteriorated from the prior quarter's $1.23 and year-ago quarter’s 40 cents.
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| Wells Fargo Beats Ests By A Penny Posted: 17 Jan 2012 09:50 AM PST Wells Fargo & Company's (NYSE:WFC) fourth quarter 2011 earnings of 73 cents per share were a penny ahead of the Zacks Consensus Estimate. Results improved from earnings of 72 cents in the prior quarter and 61 cents in the year-ago quarter.
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| Posted: 17 Jan 2012 09:50 AM PST M&T Bank Corporation's (NYSE:MTB) fourth quarter 2011 operating earnings of $1.20 per share were significantly below the Zacks Consensus Estimate of $1.46. Earnings also lagged earnings of $1.53 per share in the prior quarter and $1.52 in the year-ago period.
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| Valmont Upgraded To Outperform Posted: 17 Jan 2012 09:50 AM PST We are upgrading our recommendation on Valmont Industries (NYSE:VMI) to Outperform from Neutral. The company is primarily engaged in the production of fabricated metal products, metal and concrete pole and tower structures and mechanized irrigation systems in the U.S. and abroad.
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| Euro Rally Continues On Data, Risk Appetite Posted: 17 Jan 2012 04:45 AM PST 01/17/12 The euro currency continued to rise against the dollar this afternoon following the release of strong global economic data which even had the euro trading as high as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| KeyCorp Remains On The Sidelines Posted: 17 Jan 2012 09:36 AM PST We are maintaining our long-term "Neutral" recommendation on KeyCorp (NYSE:KEY) based on its improving credit quality, stable capital position and various on-going initiatives to enhance its market share. However, the volatile operating environment along with increased costs related to the Basel III and new financial regulations are expected to have a negative impact on the company's financials.
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| Euro Stocks Surge On China’s Numbers, German Confidence; DAX Up 1.82% Posted: 17 Jan 2012 09:35 AM PST Forexpros – bsp;- European shares surged higher Tuesday on strong GDP numbers from China and a record breaking German investor confidence number. After the close of European trade, the EURO STOXX gained 1.49%, France’s CAC 40 climbed 1.40%, while Germany’s DAX closed up 1.82%. Meanwhile, in the U.K. the FTSE 100 added 0.65%. Gross Domestic Product in China increased 8.9% in the fourth quarter year over year. While the economy expanded at the slowest pace in 10 quarters raising speculation … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| ABB Completes HVDC Commissioning Posted: 17 Jan 2012 09:31 AM PST ABB Ltd.(NYSE:ABB) completed the commissioning of the HVDC (high-voltage direct current) Fenno-Skan 2 power link between Finland and Sweden. The power link is a cable-based power transmission system, facilitating 800 MW of additional power transmission between the two countries. The Fenno-Skan link, owned and operated by Fingrid and Svenska Kraftnät, overcomes various hindrances in power transmission in the region.
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| Stock Market News Briefs: Bank Of America, Citigroup, J P Morgan Chase & Co Posted: 17 Jan 2012 09:31 AM PST
During a hearing in Franfurt, Presiding Judge Daniel Koehle said JP Morgan Chase & Co. (NYSE:JPM) and the German city of Pforzheim should settle their dispute over losses of 56 million Euros on an interest rate swap. Bank of America Chairman (NYSE:BAC) Chad Holliday expressed his continued support for CEO Brian Moynihan at a conference in the light of the bank's declining stock price. Citigroup (NYSE:C) is scheduled to declare its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| China News Tops Earnings Results Posted: 17 Jan 2012 09:31 AM PST Reassuring news out of China and Europe should help stocks start the holiday-shortened week on a positive note. Data from China shows that the economy is slowing, but the pace of slowdown appears to be a lot steadier than many had been fearing.
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| Earnings Preview: Plexus Corp. Posted: 17 Jan 2012 09:31 AM PST Electronic Manufacturing Services provider Plexus Corp. (PLXS) is scheduled to report its first quarter 2012 results on January 18, 2012, after the market closes. In the run-up to the earnings report, we witness no major variations in the consensus estimates.
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| Parkway Restructures Portfolio Posted: 17 Jan 2012 09:31 AM PST In a bid to restructure its existing portfolio, Parkway Properties, Inc. (PKY) recently announced that it has acquired a property in Tampa namely The Pointe. Additionally, Parkway also completed the sale of 111 East Wacker Drive in Chicago and Falls Pointe in Atlanta. Parkway closed all the transaction on behalf of Parkway Properties Office Fund II, L.P.
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| Posted: 17 Jan 2012 09:31 AM PST We recently upgraded our recommendation on Lamar Advertising Company (NASDAQ:LAMR) from Neutral to an Outperform rating.
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| Crocs Set To Hit Billion In 2011 Posted: 17 Jan 2012 09:31 AM PST Shoe manufacturer Crocs Inc (NASDAQ:CROX) recently announced that it expects to achieve the higher end of its revenue guidance of $200 million to $205 million for the fourth quarter of 2011, based on the solid performance of retail business. Thus, the Niwot, Colorado-based company expects to post revenues of more than $1 billion for fiscal 2011, as against revenues of $790 million in 2010.
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| Posted: 17 Jan 2012 09:31 AM PST Automatic Data Processing Inc. (NYSE:ADP) recently marked its entry into the lucrative Indian market with the acquisition of Ma Foi Consulting Solutions Ltd, an Indian human resource and payroll management company. The acquired company was previously a part of Ma Foi Randstad, an Indian subsidiary of RANDSTAND HOLDINGS. Though the financial details of the deal were not disclosed, ADP stated that it will incorporate Ma Foi's 200 associates.
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| Earnings Preview: Cubist Pharma Posted: 17 Jan 2012 09:31 AM PST Cubist Pharmaceuticals Inc. (NASDAQ:CBST) is all set to unveil its fourth quarter and full year 2011 results on January 19, 2012. The Zacks Consensus Estimate for the fourth quarter is 29 cents, representing a year-over-year decrease of 33.14%. The Zacks Consensus Estimate for 2011 is 74 cents, down 57.23%.
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| Life Technologies Forms JV In China Posted: 17 Jan 2012 09:31 AM PST Consistent with its strategy of further expanding in the emerging markets, Life Technologies Corporation (LIFE), a global biotechnology tools company, recently entered into an agreement with a Chinese molecular in-vitro diagnostics (IVD) company, DaAn Gene. The companies intend to form a joint venture named Life Technologies DaAn Diagnostics with headquarters in Guangzhou, China.
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| New Co-marketing Agreement May Boost PBIO’s Sales Immediately Posted: 17 Jan 2012 09:31 AM PST New Co-marketing Agreement May Boost PBIO’s Sales Immediately On January 11, Pressure BioSciences, Inc. (PBIO) and Digilab, Inc. announced that they have entered into a co-marketing/selling and research and development agreement. The companies intend to co-market and sell their respective product lines worldwide, including in industry publications, at scientific meetings, on each company’s website, through common collaborator studies, at key industry trade shows, and in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 17 Jan 2012 09:31 AM PST Unisys Corporation (NYSE:UIS) recently announced that its present contract with California State University (CSU) has of late been extended to provide cloud-based IT solution services.
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| Wal-Mart’s ECommerce Names Its CEO Posted: 17 Jan 2012 09:31 AM PST In order to strengthen its online presence, the retail giant Wal-Mart Stores Inc. (NYSE:WMT) has named Neil Ashe as the President and Chief Executive Officer (CEO) of its global eCommerce business, effective immediately.
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| BorgWarner Expects Higher Profits Posted: 17 Jan 2012 09:31 AM PST BorgWarner Inc. (NYSE:BWA) anticipates earnings growth of 23% to 27% to reach $5.35 to $5.65 per share in 2012 compared with 2011 earnings guidance of $4.35 to $4.45 per share, driven by a strong backlog of net new business.
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| Milestone For Stereotaxis’ Niobe ES Posted: 17 Jan 2012 09:30 AM PST Medical equipment maker Stereotaxis Inc. (NASDAQ:STXS) reported encouraging results from its recently completed first 50 clinical procedures performed using its new Niobe ES system for treating patients with complex cardiac arrhythmias (a disorder of the heart rhythm). The majority of these procedures were performed to treat atrial fibrillation, the most prevalent form of cardiac arrhythmia.
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| Initiating Coverage Of FluoroPharma Medical Posted: 17 Jan 2012 09:30 AM PST Initiating Coverage of FluoroPharma Medical Brian Marckx, CFA We are initiating coverage of FluoroPharma Medical, Inc. (FPMI) with an Outperform rating and $2.00 price target. See below for free access to our 18-page report on the company which details FPMI’s novel radiopharmaceutical candidates, target markets, and competition and includes our outlook for the company, valuation methodology, risk factors and financial model. FluoroPharma Medical, Inc. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| PRAA Buys Mackenzie Hall Holdings Posted: 17 Jan 2012 09:30 AM PST On Monday, Portfolio Recovery Associates Inc. (NASDAQ:PRAA) announced the acquisition of Mackenzie Hall Holdings Ltd., a Scotland-based debt purchase and collection company. Portfolio Recovery paid approximately £33.5 million ($51.0 million) for the purchase of 100% ownership stake in Mackenzie Hall. Additionally, the company made long-term agreements to hire Mackenzie Hall's management team, including the CEO.
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| China Switching To Expansionary Policies? Posted: 17 Jan 2012 09:23 AM PST Tuesday, January 17, 2012
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| Forex Trading: EURUSD Continues To Take It On The Chin Posted: 17 Jan 2012 09:22 AM PST The EURUSD has fallen below the 50% of the days range and the 100 hour MA at the 1.2727. The level was also the 200 bar MA on the 5 minute chart which increases the importance of the level. I would expect traders to use the level as resistance now. 1.2708 is 61.8% of the days range and below that the 1.2687 will be the next target. This was the high from the non trending day … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex Trading: EURJPY Falls From Upside Trendline Resistance Posted: 17 Jan 2012 09:22 AM PST The EURJPY extended to the topside trendline (see point 4 in chart above) and has pushed back toward the flatenning 100 hour MA. The price decline has stalled at the level as traders figure out the next move. I get the feeling the market may look to consolidate for a while at the 100 hour level and midpoint of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex Trading: GBPUSD Playing The Range Posted: 17 Jan 2012 09:22 AM PST The GBPUSD found the support at the 100 hour MA and 38.2% retracement as outlined in the previous point. Earlier the 200 hour MA and 61.8% retracement level held resistance. In between is the 50% retracement level gets in the way at the 1.5365. The price off the low, peaked at this level and is now looking more weak than strong.
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| Bank Of Canada Maintains Interest Rate At 1.00% Posted: 17 Jan 2012 09:03 AM PST The Bank of Canada held its target for the overnight rate at 1.00%. The Bank noted on the Canadian economy: “While the economy had more momentum than anticipated in the second half of 2011, the pace of growth going forward is expected to be more modest than previously envisaged, largely due to the external environment. Prolonged uncertainty about the global economic and financial environment is likely to dampen the rate of growth of business investment, albeit to a still-solid … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 17 Jan 2012 08:55 AM PST I'll be speaking at three cities in the next few months, and I wanted to give you heads up!
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| Quote Of The Day On Disparities In Achievements Posted: 17 Jan 2012 08:17 AM PST “Gross inequalities in skills and achievements have been the rule, not the exception, on every inhabited continent and for centuries on end. Yet our laws and government policies act as if any significant statistical difference between racial or ethnic groups in employment or income can only be a result of their being treated differently by others. Nor is this simply an opinion. Businesses have been sued by the government when the representation of different groups among their employees differs … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 17 Jan 2012 08:10 AM PST 01/17/12 The major stock averages tracked global equity markets higher. Global sentiment was boosted by the latest economic data from China and Germany. Financial earnings came in mixed, with Citigroup disappointing with its latest … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Markets In Everything: Roll-Your-Own Cigarettes Posted: 17 Jan 2012 07:58 AM PST “A South Carolina store owner said smokers can get cigarettes without paying state and federal taxes because of a tax loophole. M.J. Farah, owner of Jake’s One Stop in Pelzer, South Carolina is offering customers the chance to roll their own cigarettes. “The customers are taking advantage of a tax cut. They don’t have to pay the taxes on the tobacco if they are making it on their own,” said Farah. “I have people who drive all the way up here 45 minutes just to come get their tobacco.” Farah … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – Dollar Pares Losses As Euro Zone Worries Resurface Posted: 17 Jan 2012 07:56 AM PST Forexpros – The U.S. dollar pared losses against its major counterparts on Tuesday, as market sentiment was hit by renewed concerns over the debt crisis in the euro zone, despite strong data from the euro zone, the U.S. and China earlier in the day. During U.S. morning trade, the dollar was lower against the euro, with EUR/USD rising 0.55% to hit 1.2736, down from a session high of 1.2807. The euro jumped more than 1% against the greenback earlier, after the ZEW Centre said that its index … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Natural Gas Hits Fresh 28-month Low, Tumbles 18% In 6 Days Posted: 17 Jan 2012 07:50 AM PST Forexpros – Natural gas prices plunged to a fresh 28-month low for the sixth consecutive day on Tuesday, as forecasts for warmer-than-normal winter weather in the U.S. and concerns over high inventory levels continued to weigh on the heating fuel. On the New York Mercantile Exchange, natural gas futures for February delivery traded at USD2.483 per million British thermal units during U.S. morning trade, plummeting 7%. It earlier plunged by as much as 7.35% to trade at USD2.474 per million … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – GBP/USD Pares Gains Amid Sustained E.Z. Concerns Posted: 17 Jan 2012 07:40 AM PST Forexpros – The pound pared gains against the U.S. dollar on Tuesday, pulling back from a two-day high as concerns over the debt crisis persisted despite a flurry of upbeat data from the U.S., the euro zone and China. GBP/USD pulled back from 1.5405, the pair's highest since January 13 to hit 1.5353 during U.S. morning trade, still up 0.17%. Cable was likely to find support at 1.5276, Monday's low and resistance at 1.5409, the high of January 13. In the U.S., data showed that an index … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Gallup’s Jobless Rate Falls To 8.3% In Mid-January Posted: 17 Jan 2012 07:38 AM PST PRINCETON, NJ — “U.S. unemployment, as measured by Gallup without seasonal adjustment, is 8.3% in mid-January — a slight improvement from 8.5% in December, and down from 9.9% in January a year ago. Gallup’s mid-month unemployment reading, based on telephone interviews of a random sample of 18,500 adults in the 30 days ending Jan. 15, serves as a preliminary estimate of the U.S. government report, and suggests the BLS will likely report on the first Friday of February that its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Gold Futures Trade Above USD1,660 With Greece In Focus Posted: 17 Jan 2012 07:26 AM PST Forexpros – Gold futures were up for a second day on Tuesday, trading at the highest level since mid-December as weakness in the U.S. dollar and concerns over a possible Greek debt default boosted the appeal of the yellow metal. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1,661.15 a troy ounce during U.S. morning trade, surging 1.85%. It earlier rose by as much as 2.05% to trade at USD1,667.95 a troy ounce, the highest since … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – EUR/USD Trims Gains As Debt Crisis Worries Weigh Posted: 17 Jan 2012 07:23 AM PST Forexpros – The euro trimmed gains against the U.S. dollar on Tuesday, as concerns over the financial crisis in the euro zone weighed on investor sentiment, despite a flurry of better-than-expected economic data earlier in the day. EUR/USD pulled away from 1.2807, the pair's highest since Friday, to hit 1.2723 during U.S. morning trade, still up 0.45% on the day. The pair was likely to find support at 1.2625, Monday's low and a 16-month trough and resistance at 1.2844, last Thursday's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Top 20 Predictions For Life 100 Years From Now Posted: 17 Jan 2012 07:13 AM PST From the BBC, the top 20 predictions for life in 2112 include: 1) Oceans will be extensively farmed for fish, energy, algae, and natural resources, 2) Telepathic communication will become common, 3) Immortality, 4) Ability to control the weather, and 5) Only three languages (English, Spanish and Mandarin). … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| U.S. Stocks Higher On Market Optimism; Dow Jones Up 0.87% Posted: 17 Jan 2012 07:03 AM PST Forexpros – U.S. stocks were sharply higher on Tuesday, as market sentiment was boosted by a flurry of positive economic data from the U.S, the euro zone and China. During early U.S. trade, the Dow Jones Industrial Average rose 0.87%, the S&P 500 index advanced 0.76%, while the Nasdaq Composite index climbed 0.95%. A report showed earlier that the New York Federal Reserve's index of manufacturing conditions improved more-than-expected in January, climbing to the highest level since … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Crude Rises Overnight On Data And Averted Strike Posted: 17 Jan 2012 02:00 AM PST 01/17/12 Front month crude prices soared overnight and touched $101 a barrel following an averted Nigerian strike and strong Chinese and German … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Crude Oil Tops USD100 On Mideast Supply Concerns, Chinese Data Posted: 17 Jan 2012 06:56 AM PST Forexpros – Crude oil futures traded above USD100-a-barrel on Tuesday, as oil traders continued to monitor simmering tensions between Iran and the West, while upbeat economic data from Germany, the U.S. and China eased worries over the global economic outlook. On the New York Mercantile Exchange, light, sweet crude futures for delivery in March traded at USD100.70 a barrel during U.S. morning trade, surging 1.84%. It earlier rose by as much as 2.2% to trade at USD101.19 a barrel, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – USD/CAD Pares Losses After BoC Keeps Rate Unchanged Posted: 17 Jan 2012 06:44 AM PST Forexpros – The U.S. dollar trimmed losses against its Canadian counterpart on Tuesday, after the Bank of Canada said the outlook for the global economy had "deteriorated" after it left its benchmark interest rate unchanged at 1% earlier. USD/CAD pulled back from 1.0112, the pair's lowest since January 4, to hit 1.0145 during early U.S. trade, still down 0.32% on the day. The pair was likely to find support at 1.0102, the low of January 4 and resistance at 1.0187, the day's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| New York State Manufacturing Expands In January; The Six-Month Outlook Is Highly Optimistic Posted: 17 Jan 2012 06:38 AM PST The Empire State Manufacturing Survey indicates that manufacturing activity expanded in New York State in January. The general business conditions index climbed 5.3 points to 13.5, and the 5 point gain in January follows strong increases of 8 points in November and 7.4 points in December (see brown line in chart). According to the NY Fed, “The new orders index rose eight points to 13.7 and the shipments index inched up to 21.7. The prices paid index was positive and slightly higher than it … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Commodity Currencies On Top Amid Strong Data Across Globe Posted: 17 Jan 2012 06:32 AM PST Fundamental Headlines
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| Global Stocks Jump On Chinese & German Data Posted: 17 Jan 2012 01:15 AM PST 01/17/12 The global markets were in rally mode Tuesday morning following the release of strong economic reports in China and Germany. Meanwhile, US stock futures were pointing higher to begin the abbreviated trading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Bank Of Canada Leaves Interest Rate Unchanged At 1.00% Posted: 17 Jan 2012 06:08 AM PST Forexpros – The Bank of Canada left its benchmark interest rate unchanged for the eleventh consecutive month in January, as the outlook for the global economy has deteriorated and uncertainty has increased since the bank's previous rate announcement, it said on Tuesday. In a statement, the central bank said it was leaving its overnight cash rate unchanged at 1.00%, in line with expectations. According to the BoC, the sovereign debt crisis in Europe has intensified, conditions in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – EUR/JPY Rises To 2-day High On German ZEW Data Posted: 17 Jan 2012 05:53 AM PST Forexpros – The euro rose to a two-day high against the yen on Tuesday, after data showing that the ZEW index of German business sentiment recorded its largest ever monthly increase in January supported the single currency. EUR/JPY hit 98.32 during European afternoon trade, the pair's highest since January 13; the pair subsequently consolidated at 97.95, jumping 0.71%. The pair was likely to find support at 97.02, the low of January 16 and an 11-year low and resistance at 99.34, the high … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| What The Next Decade Holds For Commodities Posted: 16 Jan 2012 10:00 PM PST What a decade! A rapidly urbanizing global population driven by tremendous growth in emerging markets has sent commodities on quite a run over the past 10 years. If you annualize the returns since 2002, you find that all 14 commodities are in positive territory.
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