DailyMarkets.com - Pfizer-Medivation Call It Quits
DailyMarkets.com - Pfizer-Medivation Call It Quits |
- Pfizer-Medivation Call It Quits
- Arrow Signs Distribution Agreement
- Forex Trading: EURUSD Reaches Target Key Resistance
- Fastenal Meets Estimates
- Sinking Cruise To Dent Carnival ’12
- Northern Trust Misses Estimates
- State Street Misses By A Penny
- CPWR’s Preliminary 3Q Results
- U.S. Bancorp Tops Estimate, Revs Up
- PartnerRe Assesses 4Q CAT Loss
- AIG’s AIA To Bid For ING Asia
- Forex Trading: EURUSD Bouncing Off The 100 Bar MA
- Goldman Returns To Profit
- Discover, AmEx Delinquency Falls
- Charles Schwab Reports In Line
- American Public In Neutral Lane
- Something’s Gotta Give In The Intermarket Landscape
- Jon Corzine V Edith O’ Brien: Let’s Get Ready To Rumble
- Earnings Preview: Microsoft Corp.
- The Challenge Of Assembling A Watchlist
- UFPI Upgraded To Neutral
- Favorable Chinese GDP Reading Helps Support Crude Oil Prices
- Markets In Everything: Boyfriend Rental In China
- Wall Street Turns Higher On Data And Tech
- Bayer/Onyx Announce Cancer Data
- Forex – Dollar Lower Vs. Rivals On Greece, IMF Optimism
- Natural Gas Futures Steady Near 10-year Low, Inventory Data Eyed
- Forex – GBP/USD At 1-week High As Greece Talks Eyed
- Forex – EUR/USD Up As Greece Talks Awaited
- Gold Futures Add To Losses As Euro Zone Debt Fears Linger
- IMF Reports Lift Oil Prices Above $102
- Forex – USD/CAD Erases Losses Ahead Of BoC Report
- U.S. Stocks Open Mixed With Financials In Focus; Dow Dips 0.1%
- Stocks Drift On Drop In IMF Enthusiasm
- The Top 5 Momentum Indicators Every Trader Needs To Know
| Pfizer-Medivation Call It Quits Posted: 18 Jan 2012 10:25 AM PST Medivation, Inc. (NASDAQ:MDVN) and Pfizer Inc. (NYSE:PFE) are finally giving up on their efforts to develop Alzheimer's candidate, dimebon (latrepirdine), with the companies reporting disappointing results yet again on the candidate. This time, dimebon failed to achieve the co-primary endpoints in a phase III study, CONCERT, which was conducted in patients with mild-to-moderate Alzheimer's disease.
|
| Arrow Signs Distribution Agreement Posted: 18 Jan 2012 10:25 AM PST Arrow Electronics, Inc. (ARW) recently signed a distribution agreement with KORE Telematics.
|
| Forex Trading: EURUSD Reaches Target Key Resistance Posted: 18 Jan 2012 10:18 AM PST The target resistance at the 1.2857 and 1.2866 area is being tested. The 1.2857 was the low from 2011 and the 1.2866 is trendline resistance. As mentioned earlier the level should attract profit taking sellers. A break however, opens the door for further gains to the upside. The EURUSD has been on a downward track since October. If shorts have a reason to buy (and a break of this resistance as good a reason for a while) there should be some follow through buying.
|
| Posted: 18 Jan 2012 10:15 AM PST Fastenal Co. (NASDAQ:FAST) posted a 34.2% increase in profit to $87.5 million in the fourth quarter of 2011 from $65.2 million in the same quarter of 2010. On earnings per share basis, profit improved 36.4% to 30 cents from 22 cents a year ago, exactly meeting the Zacks Consensus Estimate.
|
| Sinking Cruise To Dent Carnival ’12 Posted: 18 Jan 2012 10:15 AM PST Carnival Corporation's (NYSE:CCL) cruise ship Costa Concordia, carrying more than 4,000 passengers recently ran aground at Italy's west coast, jeopardizing the lives of passengers onboard and the company's reputation. Carnival estimates the disaster, which reportedly caused 11 deaths and left more than 20 missing so far, to hurt full fiscal 2012 earnings by around $85–$95 million or 11–12 cents per share.
|
| Northern Trust Misses Estimates Posted: 18 Jan 2012 10:05 AM PST Northern Trust Corporation's (NASDAQ:NTRS) fourth-quarter 2011 earnings of 67 cents per share missed the Zacks Consensus Estimate by a penny. In the quarter, earnings were impacted by restructuring, acquisition and integration related expenses, though partially offset by benefit from the reduction of an indemnification liability related to Visa Inc. (NYSE:V).
|
| State Street Misses By A Penny Posted: 18 Jan 2012 09:56 AM PST State Street Corporation (NYSE:STT) reported fourth quarter 2011 operating earnings per share of 93 cents, a penny below the Zacks Consensus Estimate. However, this compares favorably with the prior-year quarter earnings of 87 cents.
|
| Posted: 18 Jan 2012 09:56 AM PST Compuware Corporation (CPWR) has recently provided a peek at its December 2011 quarter financial results.
|
| U.S. Bancorp Tops Estimate, Revs Up Posted: 18 Jan 2012 09:40 AM PST U.S.Bancorp (NYSE:USB) reported fourth-quarter 2011 earnings of 69 cents per share. Excluding the gain from a litigation settlement and expense accrual related to mortgage servicing matters, the company reported earnings of 64 cents per share.
|
| PartnerRe Assesses 4Q CAT Loss Posted: 18 Jan 2012 09:40 AM PST Yesterday, property-casualty and life reinsurer – PartnerRe Ltd. (NYSE:PRE) – projected about $120 million in pre-tax catastrophe (CAT) losses from the Thailand floods, which occurred in October and November last year. This will be recorded in the fourth quarter results of 2011.
|
| Posted: 18 Jan 2012 09:25 AM PST Yesterday, Reuters reported that American Group International Inc.'s (NYSE:AIG) Asian wing – AIA Group Ltd. is mulling to bid for the Dutch bancassurer ING Group NV's (NYSE:ING) Asian operations worth $6 billion. The attempt is projected to strengthen its market position in the region.
|
| Forex Trading: EURUSD Bouncing Off The 100 Bar MA Posted: 18 Jan 2012 09:21 AM PST The EURUSD has found the pattern of finding buyers against the 100 bar MA on the 5 minute chart. It also has respected the high peaks near the 1.2840-46 level. As mentioned in an earlier post, the channel trendline on the daily chart comes in at the 1.2866. The low price for 2011 comes in at 1.2857. The high at 1.2845-46 was close enough for anxious profit takers today.
|
| Posted: 18 Jan 2012 09:15 AM PST The Goldman Sachs Group Inc. (NYSE:GS) reported fourth-quarter 2011 earnings per share of $1.84, significantly surpassing the Zacks Consensus Estimate of $1.46 per share. Moreover, earnings compared favorably with the loss of 84 cents reported in the prior quarter.
|
| Discover, AmEx Delinquency Falls Posted: 18 Jan 2012 09:15 AM PST On Tuesday, card companies Discover Financial Services (NYSE:DFS) and American Express Company (NYSE:AXP) reported reduced delinquency rates for the month of December 2011.
|
| Charles Schwab Reports In Line Posted: 18 Jan 2012 08:50 AM PST Charles Schwab Corporation's (NASDAQ:SCHW) fourth quarter 2011 earnings came in at 13 cents per share, in line with the Zacks Consensus Estimate. This compares favorably with the year-ago quarter's earnings of 10 cents.
|
| American Public In Neutral Lane Posted: 18 Jan 2012 08:50 AM PST American Public Education Inc. (NASDAQ:APEI) is well positioned in the online post secondary education industry, thanks to its focus on recruits serving the U.S. military as well as public service personnel. Moreover, the company's part-time programs are well suited to irregular and extended work schedules of these personnel, who travel and relocate frequently and have limited financial resources. This provides a significant upside potential for the company.
|
| Something’s Gotta Give In The Intermarket Landscape Posted: 18 Jan 2012 08:42 AM PST If you use Intermarket or Cross-Market Analysis in your trading or investment decisions, you've probably noticed something very strange over the last few months. In terms of Cross-Market Analysis, it's best to group the broad markets into four components: … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Jon Corzine V Edith O’ Brien: Let’s Get Ready To Rumble Posted: 18 Jan 2012 08:41 AM PST Some of the largest financial debacles of our lifetime revolved around individuals who were able to effectively "arbitrage", that is knowingly manipulate, their back office operations.
|
| Earnings Preview: Microsoft Corp. Posted: 18 Jan 2012 08:40 AM PST Microsoft Corp. (NASDAQ:MSFT) is scheduled to announce its second quarter fiscal 2012 results on January 19, 2012, and we notice downward movements in analyst estimates.
|
| The Challenge Of Assembling A Watchlist Posted: 18 Jan 2012 08:30 AM PST Since the market looks like it's firming (my opinion and, yes, I'm aware that many believe the market is actually topping out and will soon be making its final leg down to new lows), now's a good time to begin … Continue reading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Posted: 18 Jan 2012 08:30 AM PST We recently upgraded our recommendation for Michigan-based Universal Forest Products Inc.(UFPI) from Underperform to a Neutral rating.
|
| Favorable Chinese GDP Reading Helps Support Crude Oil Prices Posted: 18 Jan 2012 08:18 AM PST Wednesday, January 18, 2012
|
| Markets In Everything: Boyfriend Rental In China Posted: 18 Jan 2012 08:13 AM PST FT.COM — “This is a tough time of year for Chinese spinsters. Chinese New Year is just around the corner and every single girl knows what her parents want most for the holidays: a betrothal. Girls of a certain age (say, 30) do not dare go home at all without one; and even women in their 20s feel serious pressure not to turn up for this Sunday's traditional new year's eve dinner without a marriage prospect in tow. Now, thanks to Taobao (the Chinese version of Ebay) and the inventiveness of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Wall Street Turns Higher On Data And Tech Posted: 18 Jan 2012 08:08 AM PST 01/18/12 US markets digested the latest economic data, earnings reports and tech developments. The NAHB homebuilders sentiment index came in at the highest level since 2007. IMF plans to boost lending also supported … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Bayer/Onyx Announce Cancer Data Posted: 18 Jan 2012 08:06 AM PST Bayer HealthCare, a unit of Bayer (BAYRY) and partner Onyx Pharmaceuticals, Inc. (NASDAQ:ONXX) recently announced data from a pivotal phase III study (CORRECT: n=760) of oncology candidate, regorafenib (BAY 73-4506). The study evaluated patients suffering from metastatic colorectal cancer (mCRC) whose disease had progressed even after treatments with the standard drugs for the disease.
|
| Forex – Dollar Lower Vs. Rivals On Greece, IMF Optimism Posted: 18 Jan 2012 07:56 AM PST Forexpros – The U.S. dollar remained broadly lower against its major counterparts on Wednesday, as optimism over the outcome of talks aimed at averting a Greek default and reports that the International Monetary Fund is attempting to enlarge its lending capacity bolstered risk appetite. During U.S. morning trade, the dollar was lower against the euro, with EUR/USD up 0.63% to hit 1.2814. The euro was bolstered by reports that the International Monetary Fund wants to reach an agreement on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Natural Gas Futures Steady Near 10-year Low, Inventory Data Eyed Posted: 18 Jan 2012 07:52 AM PST Forexpros – Natural gas prices steadied on Wednesday, trading close to a ten-year low as traders speculated whether the commodity's 18% plunge in the last six trading days was excessive ahead of Thursday's government report on U.S. gas supplies. On the New York Mercantile Exchange, natural gas futures for February delivery traded at USD2.495 per million British thermal units during U.S. morning trade, edging 0.16% higher. It earlier rose by as much as 1.5% to trade at a session high … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex – GBP/USD At 1-week High As Greece Talks Eyed Posted: 18 Jan 2012 07:33 AM PST Forexpros – The pound was trading close to a one-week high against the U.S. dollar on Wednesday, tracking gains in the euro, but market sentiment remained shaky as investors eyed the outcome of key talks aimed at averting a Greek default. GBP/USD hit 1.5436 during U.S. morning trade, the pair's highest since January 11; the pair subsequently consolidated at 1.5417, gaining 0.53%. Cable was likely to find support at 1.5309, Tuesday's low and resistance at 1.5490, the high of January … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex – EUR/USD Up As Greece Talks Awaited Posted: 18 Jan 2012 07:24 AM PST Forexpros – The euro remained higher against the U.S. dollar on Wednesday, trading close to a three-day high as market sentiment strengthened but the single currency remained vulnerable amid uncertainty over the outcome of talks aimed at restructuring Greece's debt. EUR/USD hit 1.2845 during U.S. morning trade, the pair's highest since January 13; the pair subsequently consolidated at 1.2839, jumping 0.81%. The pair was likely to find support at 1.2648, Tuesday's low and resistance at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Gold Futures Add To Losses As Euro Zone Debt Fears Linger Posted: 18 Jan 2012 07:16 AM PST Forexpros – Gold futures added to losses on Wednesday, easing further off the previous session's four-week high as concerns over the euro zone's sovereign debt crisis continued to weigh on market sentiment. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1,645.25 a troy ounce during U.S. morning trade, dropping 0.63%. It earlier fell by as much as 0.75% to trade at a session low USD1,643.25 a troy ounce. Prices rallied to a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| IMF Reports Lift Oil Prices Above $102 Posted: 18 Jan 2012 02:00 AM PST 01/18/12 Front month crude prices were trading higher this morning, touching $102 a barrel at one point, as reports of the IMF considering boosting its lending operations sparked interest in higher-yielding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex – USD/CAD Erases Losses Ahead Of BoC Report Posted: 18 Jan 2012 06:58 AM PST Forexpros – The Canadian dollar erased gains against its U.S. counterpart on Wednesday, as investors awaited a detailed monetary policy report form the Bank of Canada after the bank left its interest rate unchanged the previous day. USD/CAD pulled away from 1.0118, the daily low to hit 1.0157 during U.S. morning trade, inching up 0.05%. The pair was likely to find support at 1.0112, Tuesday's low and a two-week low and short-term resistance at 1.0187, Tuesday's high. On Tuesday, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| U.S. Stocks Open Mixed With Financials In Focus; Dow Dips 0.1% Posted: 18 Jan 2012 06:57 AM PST Forexpros – U.S. stock markets were mixed to modestly higher after the open on Wednesday, as concerns over the euro zone's sovereign debt crisis continued to weigh on sentiment, while financials were in focus following earnings from heavyweights Goldman Sachs and Bank of New York. During early U.S. trade, the Dow Jones Industrial Average dipped 0.1%, the S&P 500 index added 0.1%, while the Nasdaq Composite index gained 0.35%. Market sentiment weakened as initial optimism over a report … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Stocks Drift On Drop In IMF Enthusiasm Posted: 18 Jan 2012 01:15 AM PST 01/18/12 Early enthusiasm on reports the IMF is considering boosting its lending operations paved the way for a session of mixed trade for global … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| The Top 5 Momentum Indicators Every Trader Needs To Know Posted: 18 Jan 2012 03:47 AM PST Is the trend really your friend? It seem so ridiculous that just because a price is going up that it should continue to go up, but that’s precisely what has been observed in the price behaviour of stocks. Just as with jewellery, it seems that the more expensive stocks get, the more buyers start to crave them. The ‘momentum’ effect has been tested in many different ways by financiers, whether in theory by academics in finance journals or in practice by hedge funds, and has been found time and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home