Thursday, January 26, 2012

DailyMarkets.com - Starbucks Brew Strengthens, Commodity Costs Pinch

DailyMarkets.com - Starbucks Brew Strengthens, Commodity Costs Pinch

Starbucks Brew Strengthens, Commodity Costs Pinch

Posted: 26 Jan 2012 04:10 PM PST

01/26/12 Stabucks shares fell in after hours trade despite beating fiscal Q1 earnings expectations. Commodity prices weighed on the coffee retailer’s operating margin, while its full-year guidance came in at the conservative end of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Bid Pops Back In

Posted: 26 Jan 2012 03:23 PM PST

Cusick’s Corner
Nice recovery into the close and the bid did again come in, getting the market off the lows of the day. The S&Ps closed right at the 1315 level, so I am feeling better about the prospects of the bid. With the GDP and Michigan Sentiment due out in the morning, the markets could have some potential catalysts early on and the shorts of today could get further squeezed. See you Midday.
A modest wave of selling pressure surfaced Thursday afternoon and sent stock market averages … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dow Surrenders Gains, Data Tempers Rally

Posted: 26 Jan 2012 10:18 AM PST

01/26/12 Wall Street gave up session gains and reversed earlier gains. The Fed, mixed economic data and earnings were digested in a thin trading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Q4 GDP On Tap

Posted: 26 Jan 2012 03:10 PM PST

01/26/12 US GDP and the University of Michigan’s consumer sentiment index will be released on Friday morning. A handful of earnings will be coming out before the Opening … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

E*TRADE Reports Loss, DARTs Dip

Posted: 26 Jan 2012 03:00 PM PST

E*TRADE Financial Corporation (NASDAQ:ETFC) reported fourth-quarter 2011 net loss of 2 cents per share, significantly below the Zacks Consensus Estimate of 20 cents per share. Earnings compared unfavorably with the prior quarter's earnings of 24 cents per share, though improved from the loss of 11 cents reported in the prior-year quarter.
Quarterly results deteriorated, driven by downturn in brokerage business in the course of considerable market volatility, which aided reduced total daily … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sherwin-Williams Reports In Line

Posted: 26 Jan 2012 02:50 PM PST

Sherwin-Williams Co. (NYSE:SHW) reported net earnings of 84 cents per share in the fourth quarter of 2011 excluding income tax expense of 70 cents per share compared with 67 cents per share in the year-ago quarter and in line with the Zacks Consensus Estimate. 
For the full year 2011, the company's earnings were $4.84 per share (excluding income tax expense of 70 cents per share) compared with $4.39 per share (excluding one time charges of 18 cents per share) in 2010.
Net sales for the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Top Trade Ideas For Friday Jan 27th

Posted: 26 Jan 2012 02:41 PM PST

( click to enlarge )

Equinix Inc (NASDAQ:EQIX) remains one of the hottest stocks on the market. Accompanied with good volumes, the stock marked an all-time high in the last trading session. The daily momentum indicator shows overbought levels and I believe that a near-term correction is likely to happen. The positive view would be negated if the share price closes below 115.26 ( 9-day MA).

( click to enlarge )

Keep an eye on JinkoSolar Holding Co., Ltd. (JKS) tomorrow. The volume picked up … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

‘Let’s Move’ Spurs Mixed Reactions

Posted: 26 Jan 2012 02:30 PM PST

First Lady Michele Obama's keep fit campaign 'Let’s Move,' which has been launched nearly two years back for protecting children against obesity, is causing worry for some food giants. The campaign suggests the inclusion of more vegetables and fruits and less of meat and fats in US school meals. The processed meat producers are among the worried lot, as this definitely means lesser consumption of their products.
Obesity among children has spread like an epidemic. Nearly 57% of New Yorkers … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AutoNation Beats, EPS Up 13%

Posted: 26 Jan 2012 02:25 PM PST

AutoNation Inc. (NYSE:AN) saw a profit of $71 million or 51 cents per share in the fourth quarter of 2011 compared with $68 million or 45 cents per share in the comparable quarter of 2010 (excluding debt refinancing costs of $1 million or 1 cent per share, after-tax), reflecting an increase of 13% on a per-share basis. With this, the company has beaten the Zacks Consensus Estimate of 48 cents per share.
Revenue went up 13% to $3.7 billion from $3.2 billion in the year-ago period, driven by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Soft GPU Biz To Spoil NVIDIA’s 4Q

Posted: 26 Jan 2012 02:25 PM PST

Ace chip maker Nvidia Corp. (NASDAQ:NVDA) is set to deliver a weak fourth quarter owing to softness in its Graphics Processing Unit (GPU) business arising from lower PC shipments. Weaker GPU business has also affected another tech behemoth and arch rival Advanced Micro Devices Inc.'s (NYSE:AMD) fourth quarter results.
Advanced Micro reported a 9.9% decline in GPU business during the quarter and also guided an 8.0% (+/- 3%) sequential decrease in revenues for the upcoming quarter.
Major PC makers, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Airgas Posts In-Line 3Q, Guides Well

Posted: 26 Jan 2012 02:11 PM PST

Airgas Inc. (NYSE:ARG) reported third-quarter 2012 EPS of 97 cents compared with 80 cents in the year-earlier quarter. The quarter included an asset impairment charge of 10 cents. Results were, however, in line with the Zacks Consensus Estimate.
Total revenue in the reported quarter rose 12% year over year to $1.15 billion, and was above the Zacks Consensus Estimate of $1.14 billion. Sales from same stores were up 9%, with hardgoods gaining 14% and gases and rent growing 7%. Acquisitions … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Corning’s Net Slides In Q4

Posted: 26 Jan 2012 02:05 PM PST

Corning's (NYSE:GLW) fourth quarter 2011 earnings beat the Zacks Consensus Estimate by 8 cents, or 26.5%. However, shares gained just 0.77% after the company reported, despite losing 10.74% during the day, reflecting continued challenges in the company's display and specialty materials businesses.
Revenue
Corning reported revenue of $1.89 billion, which was down 9.1% sequentially and up 6.9% year over year. The stronger yen helped results slightly in the last quarter. 
Revenue by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Eaton Misses On Both The Counts

Posted: 26 Jan 2012 01:57 PM PST

Industrial manufacturer Eaton Corporation (NYSE:ETN) has released its fourth quarter 2011 results clocking operating earnings of $1.08 per share compared with 85 cents per share in the year-ago quarter. The results of the company, however, missed the Zacks Consensus Estimate of $1.11 per share by 3 cents.
GAAP earnings of Eaton during the quarter were $1.07 per share, up 30.4%, from 82 cents in the year-ago period.
In the reported quarter, the variation between GAAP and operating earnings was due … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Nucor Reports Strong 4Q

Posted: 26 Jan 2012 01:57 PM PST

Nucor Corporation (NYSE:NUE) reported net earnings of $137.1 million, or 43 cents per diluted share (excluding special items) in the fourth quarter of 2011, beating the Zacks Consensus Estimate of 29 cents per share. This was a significant increase from 11.4 million, or 4 cents per diluted share (excluding special items) reported in the year-ago quarter.
Net earnings for fiscal 2011 were $778.2 million, or $2.45 per diluted share, up more than fivefold over net earnings of $134.1 million, or … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Invesco Beats By A Penny

Posted: 26 Jan 2012 01:57 PM PST

Invesco Ltd.'s (NYSE:IVZ) fourth-quarter adjusted earnings came in at 42 cents per share, just a cent ahead of the Zacks Consensus Estimate. However, this compares unfavorably with the adjusted earnings of 44 cents in the prior-year quarter.
On a GAAP basis, earnings came in at 44 cents per share compared with 37 cents in the year-ago quarter.
Invesco's earnings deteriorated over the prior-year quarter, primarily due to lower net revenue and higher operating expenses. However, improved … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Analyst Interviews: Aerospace & Defense Stock Overview

Posted: 26 Jan 2012 01:35 PM PST

The growth of the Aerospace and Defense industry depends largely on the spending outlook of government departments, with the U.S. defense budget being the primary driver. The U.S. is the world's largest aerospace and defense market, and also home to the world's largest military budget.

The U.S. defense budget for 2011 was $670.8 billion, with the base budget at $513 billion and another $157.8 billion approved as supplementary defense spending mainly to fund the wars in Iraq and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Diverging Trends In U.S. Oil Demand

Posted: 26 Jan 2012 01:25 PM PST

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles increased more than expected on higher imports. However, the agency's report further revealed that product demand rose, as a result of which both gasoline and distillate stocks fell from their previous week levels. Meanwhile, refinery utilization rate was down by 1.5%.
The Energy Information Administration (“EIA”) Petroleum Status Report – which contains data for the previous week ending Friday, outlines … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

3M Reports Above Estimate

Posted: 26 Jan 2012 01:17 PM PST

3M Company (NYSE:MMM) announced fourth-quarter 2011 results before the market opened today, reporting earnings per share of $1.35, above the Zacks Consensus Estimate of $1.31 per share. Earnings per share surged up 5.5% year over year.
For full year 2011, earnings per share were $5.96, above the Zacks Consensus Estimate of $5.93 per share and 5.9% above prior-year earnings.
Total Revenue
Total revenue in the quarter increased by 3.3% year over year to $7.1 billion. Acquisitions contributed 2.3% to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Janus Capital Beats Ests, Rev Down

Posted: 26 Jan 2012 01:07 PM PST

Janus Capital Group Inc.'s (NYSE:JNS) fourth-quarter 2011 earnings per share attributable to common shareholders came in at 19 cents, ahead of the Zacks Consensus Estimate by 4 cents per share. However, results compared unfavorably with 24 cents in the year-ago quarter and 21 cents in the prior quarter.
Lower topline growth and net outflows were the negatives for the quarter. However, decline in operating expenses reflected better expense management.
For the full year, net income totaled $142.9 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Zacks Lowers Price Target On SunSi Due To Unexpected Decline In Top-line

Posted: 26 Jan 2012 01:07 PM PST

Zacks lowers price target on SunSi due to unexpected decline in top-line
Steven Ralston, CFA

SunSi Energies (SSIE) reported disappointing financial results for the second fiscal quarter for the period ending November 30, 2011.  Revenue for the second fiscal quarter was $3.56 million. Having acquired its interests in the Baokai and Wendeng facilities within the last nine months, the company did not record any revenues in the comparable prior-year quarter; hence year-over-year comparative … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Ball Corporation Misses Estimates

Posted: 26 Jan 2012 12:55 PM PST

Ball Corporation (NYSE:BLL) reported net earnings of $77.5 million or 47 cents per share in the fourth quarter of 2011, decreasing from $92.2 million or 52 cents per share in the year-ago quarter.
Excluding business consolidation costs and other charges and benefits, the company's adjusted income in the quarter was at $78.1 million or 48 cents per share, compared with $94.4 million or 53 cents per share a year ago. Adjusted income per share fell below the Zacks Consensus Estimate of 54 cents per … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Manufacturing Already Has Record Profits And Is Doing Quite Well Without Any Government Help

Posted: 26 Jan 2012 12:52 PM PST

Obama at the SOTU: “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 financing a new plant, equipment, or training for new workers.”

In December, I posted about the third quarter financial results for the U.S. manufacturing sector, with the following … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Molex Misses, Guides Below Estimate

Posted: 26 Jan 2012 12:35 PM PST

Molex Inc's (NASDAQ:MOLX) earnings for the second quarter of fiscal 2012 missed the Zacks Consensus by 3 cents, or 8.0%. Weaker-than-expected revenue pulled down results, despite increasing cost efficiencies.
Revenue
Molex reported revenue of $857.6 million, which was down 8.4% sequentially and 4.9% year over year, short of management expectations of $870-910 million, or down 2-8% sequentially. Revenue also missed the consensus expectation of around $890.2 million.
Molex generates the bulk of its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CONSOL Tops As Sales Surge

Posted: 26 Jan 2012 12:30 PM PST

Diversified fuel producer CONSOL Energy Inc. (NYSE:CNX) reported earnings of 70 cents per share for the fourth quarter of 2011, surpassing the Zacks Consensus Estimate of 64 cents. Earnings were substantially higher than the year-ago quarter of 46 cents per share.
Reported earnings during the quarter were 85 cents, which included 15 cents relating to the Hess transaction.
Adjusted earnings per share of $2.76 for fiscal 2011 outpaced $1.60 reported in fiscal 2010 but missed the Zacks Consensus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: VIX Edges Up

Posted: 26 Jan 2012 12:22 PM PST

Cusick’s Corner 01-26-2012
The buyers have been picking up these dips over the past few weeks and with the Midday pullback, S&Ps at 1317, I would like to see that action continue. I will be monitoring Dollar strength and Euro weakness, if that trend continues into the After Hours, the weak handed bulls may be pressured out and the reliable dip bid may pull in some reins. This would be somewhat understandable, the market has run up and traders might have a hard time at these levels to chase. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Caterpillar Exceeds On Record Sales

Posted: 26 Jan 2012 12:15 PM PST

Caterpillar Inc. (NYSE:CAT) posted an impressive 53% increase in profit to $2.25 per share in the fourth quarter of 2011 from $1.47 per share in the same quarter of 2010, excluding the impact of acquisition of Bucyrus International, Inc. The profit far exceeded the Zacks Consensus Estimate of $1.73 per share.
Revenues soared 35% to an all-time record of $17.2 billion in the quarter, driven by higher sales volume, especially new equipment. Excluding the impact of acquisition of Bucyrus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Zacks Increases Price Target Of Dejour Energy To $1.05

Posted: 26 Jan 2012 12:10 PM PST

Zacks increases price target of Dejour Energy to $1.05
Steven Ralston, CFA

Today, Dejour Energy (DEJ) announced that Gustavson & Associates LLC (independent reservoir engineering consultants) updated the NI 51-101 compliant reserve report on the company's Kokopelli Project. The PV-10 of Proved Undeveloped reserves increased 11% from C$83 million to C$92 million.

Dejour Energy's NAV is now estimated to be $134 million ($1.06 per share) as of December 31, 2011. The $133 million is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Raytheon Profits Up, Sales Slip

Posted: 26 Jan 2012 12:10 PM PST

Raytheon Company (NYSE:RTN) reported fourth quarter and fiscal 2011 results. The company reported fourth-quarter adjusted earnings of $1.74 per share, beating the Zacks Consensus Estimate by 40 cents. Results were also higher than the year-ago quarterly earnings of $1.55 per share. The solid results were driven by improved efficiencies and cost lowering initiatives.
For the fiscal year 2011, the company reported adjusted earnings of $5.90 per share comfortably surpassing the Zacks Consensus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Newly Revised Leading Economic Index Finishes 2011 With Three Monthly Gains

Posted: 26 Jan 2012 12:03 PM PST

“The Conference Board Leading Economic Index (LEI) for the U.S., after its first major comprehensive revision since 1996, increased in December (see chart above). The largest contributors to the increase were the interest rate spread and improving employment indicators. In the six-month period ending December 2011, the leading economic index increased 0.1 percent (about a 0.2 percent annual rate), much slower than the growth of 2.7 percent (about a 5.5 percent annual rate) during the previous … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Chevron

Posted: 26 Jan 2012 11:55 AM PST

U.S. energy behemoth Chevron Corporation (CVX) is scheduled to report its fourth quarter 2011 results on Friday January 27, 2012 before the start of trading.
The Zacks Consensus Estimate for the to-be-reported quarter is a profit of $2.86 per share (with a downside risk of 1.05%) on revenues of $74.4 billion. In the year-ago quarter, Chevron recorded a gain of $2.49 per share (excluding adjustments for downstream asset sales and foreign-currency effects), while sales came in at $54.0 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Zacks Increases Price Target Of Dejour Energy To $1.05

Posted: 26 Jan 2012 11:40 AM PST

Zacks increases price target of Dejour Energy to $1.05
Steven Ralston, CFA

Today, Dejour Energy (DEJ) announced that Gustavson & Associates LLC (independent reservoir engineering consultants) updated the NI 51-101 compliant reserve report on the company's Kokopelli Project. The PV-10 of Proved Undeveloped reserves increased 11% from C$83 million to C$92 million.

Dejour Energy's NAV is now estimated to be $134 million ($1.06 per share) as of December 31, 2011. The $133 million is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hess Misses Estimates In 4Q

Posted: 26 Jan 2012 11:40 AM PST

Integrated oil company Hess Corporation (NYSE:HES) reported adjusted fourth quarter 2011 earnings of $1.17 per share, which came in below the Zacks Consensus Estimate of $1.34. The quarterly result was also below the adjusted year-earlier earnings of $1.20. The underperformance was mainly due to lower production realized in the reported quarter.
 
Total revenue crept up 1.5% year over year to $8,824 million in the quarter, but failed to meet the Zacks Consensus Estimate of $9,230 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Owens- Illinois Beats Estimates

Posted: 26 Jan 2012 11:25 AM PST

Owens-Illinois, Inc. (NYSE:OI) reported adjusted earnings of 48 cents per share for the fourth quarter of 2011, surpassing the Zacks Consensus Estimate by 2 cents. Earnings were 3 cents higher than 45 cents earned in the year-ago quarter.
During the quarter the GAAP loss per share was $4.71 versus a loss of 51 cents reported in the prior-year quarter. The difference between  operating and GAAP earnings during the quarter was due to the impact of one-time charges amounting to $5.28 per share … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Zacks Increases Price Target Of Dejour Energy To $1.05

Posted: 26 Jan 2012 11:25 AM PST

Zacks increases price target of Dejour Energy to $1.05

Today, Dejour Energy (DEJ) announced that Gustavson & Associates LLC (independent reservoir engineering consultants) updated the NI 51-101 compliant reserve report on the company's Kokopelli Project. The PV-10 of Proved Undeveloped reserves increased 11% from C$83 million to C$92 million.

Dejour Energy's NAV is now estimated to be $134 million ($1.06 per share) as of December 31, 2011. The $133 million is attained by adding the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

McCormick Beats, Provides Outlook

Posted: 26 Jan 2012 11:25 AM PST

McCormick & Co. Inc. (NYSE:MKC) posted results for the fourth quarter and fiscal year 2011 with operating earnings of $1.03 per share and $2.79 per share, respectively. The results surpassed the Zacks Consensus Estimate of 97 cents per share and $2.78 per share, respectively.

Earnings in the fourth quarter of 2011 excluded an unfavorable impact from transaction costs of 5 cents related to the completion of the Kamis acquisition and Kohinoor joint venture.

Higher operating income, robust … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bristol-Myers Misses On All Fronts

Posted: 26 Jan 2012 11:25 AM PST

Bristol-Myers Squibb Company's (NYSE:BMY) fourth quarter 2011 earnings (excluding special items) of $0.53 per share fell short of the Zacks Consensus Estimate by $0.02. Adjusted earnings in the final quarter of 2011 were above the year-ago earnings by $0.06. Higher than expected expenses led to the earnings miss in the reported quarter.
On a reported basis (including special items), Bristol-Myers' earnings in the quarter increased 79% to $0.50 per share. The healthcare reform negatively … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CNO Buys Back Fewer Shares In 4Q (revised)

Posted: 26 Jan 2012 11:25 AM PST

CNO Financial Group Inc. (NYSE:CNO) repurchased fewer shares in the fourth quarter of 2011 compared to the preceding quarter. In total, the company repurchased approximately 2.35 million shares in the fourth quarter of 2011, significantly down from 6.6 million shares in the prior quarter. CNO Financial spent only $14.1 million in total during the quarter for purchasing the shares at an average price of $6.02.

The company's fourth-quarter repurchase brings the total buybacks under its $100 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Lockheed Posts Mixed Numbers

Posted: 26 Jan 2012 11:25 AM PST

World's largest stand-alone defense contractor, Lockheed Martin Corporation (NYSE:LMT) exited fiscal 2011 with mixed fortunes. The company posted fourth-quarter 2011 operating earnings of $2.14 per share, beating the Zacks Consensus Estimate of $1.94. However, this was lower than the year-ago quarterly earnings of $2.28 by a margin of 14 cents. The downcast in earnings, year over year, was due to lower government spending on defense.
On a reported basis per share earnings were $2.09 versus $2.67 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDCHF Holds 100 Bar MA. Looks To Extend Range

Posted: 26 Jan 2012 11:18 AM PST

The USDCHF is looking to extend higher above the range that has gripped the pair over the last 9 or so hours of trading. The last test on the 5 minute chart held support at the 100 bar MA (see blue line in the chart above). That MA is starting to tilt to the upside.  This gives the pair a small bullish bias. Getting above the range high (yellow area)  and then the 200 bar MA (green line) and 50% retracemente  at 0.9191 is the next hurdles to the upside for the pair. A break … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EURUSD Tests Close From Yesterday After Breaking Below Channel Support

Posted: 26 Jan 2012 11:18 AM PST

The EURUSD has broken trendline support at 1.3130 and with it came a wave of selling. The price has moved to the closing level from yesterday at 1.3106. Below that is the 38.2% of the move up from yesterday's low  at the 1.03086.  Other support will likely come in against the lows for the day at the 1.3089-94 area. Activity remains light and was confined. So it is not unusual to see some profit taking when some bullishness is taken away (below trendline … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Schoenberger: “Anticipation Of Fed Accommodation…when It Happens – Improved Wealth Effect”

Posted: 26 Jan 2012 11:10 AM PST

01/26/12 LandColt Trading’s Todd Schoenberger weighs in on Thursday’s equity market action as the Fed, earnings reports and economic data are … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Varian’s EPS Beats, Profit Drops

Posted: 26 Jan 2012 10:50 AM PST

Varian Medical Systems (NYSE:VAR) posted first-quarter fiscal 2012 (ended December 30) net earnings of 79 cents a share, beating the Zacks Consensus Estimate of 76 cents but missing the year-ago earnings of 80 cents a share.
Net earnings for the quarter slipped 6.5% year over year to $90.2 million (or 79 cents a share).
Revenues & Orders
Sales for the first quarter increased roughly 8% year over year to $625 million, but trailed the Zacks Consensus Estimate of $633 million. Varian experienced … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Markets In Everything: Hire People For $5

Posted: 26 Jan 2012 10:48 AM PST

Fiverr.com — The online marketplace for people to share things they’re willing to do for $5. Examples include:

I will create a ventriloquist puppet video with any message you want for $5.
I will write anything on my feet in high heels for $5 and send you three photos.
I will edit your document for correct American English grammar for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Conoco Tops Despite Lower Volumes

Posted: 26 Jan 2012 10:35 AM PST

ConocoPhillips (NYSE:COP) reported fourth quarter 2011 adjusted earnings of $2.02 per share, comfortably beating the Zacks Consensus Estimate of $1.80. The earnings were also better than the year-earlier profit of $1.32.
 
For the full year 2011, ConocoPhillips reported adjusted earnings of $8.76 per share compared with $5.92 per share in 2010. Reported EPS also beat the Zacks Consensus Estimate of $8.48.
 
The solid quarterly result came on the back of higher price realizations, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Avnet’s 2Q Misses Estimate

Posted: 26 Jan 2012 10:27 AM PST

Avnet, Inc (NYSE:AVT) reported a net income of $147.0 million or $0.98 per diluted share in the second quarter of fiscal 2012 compared to a net income of $139.0 million or $0.90 per share in the first quarter of fiscal 2012 and a net income of $141.0 million or $0.91 in the year-ago quarter.
The net reported income missed the Zacks Consensus Estimate and also failed to fall within management's guidance range of $1.01 – $1.09.
Quarter in Detail: Sales came in at $6,693.6 million, down 1.1% from a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Why No Responsible Democrat Should Want Newt Gingrich To Get The GOP Nomination

Posted: 26 Jan 2012 10:18 AM PST

Republicans are worried sick about Newt Gingrich's ascendance, while Democrats are tickled pink.
Democrats should not be pleased at the prospect that Gingrich could get the GOP nomination. The future of America is too important to face even a small risk of a Gingrich presidency.
The Republican worry is understandable. "The possibility of Newt Gingrich being our nominee against Barack Obama I think is essentially handling the election over to Obama," says former Minnesota Governor Tom … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

LSI Corp Beats, Shares Up

Posted: 26 Jan 2012 10:10 AM PST

LSI Corporation (NYSE:LSI) generated revenues of $523 million in the fourth quarter of 2011, up 11.0% year over year but down 4.3% sequentially and surpassed management's expectations of  $500 million to $550 million.
The top line was impacted by Thailand flood to the tune of roughly $40 million.  
On May 6, 2011, LSI completed the sale of its external storage systems business to NetApp (NASDAQ:NTAP). The financial results of the external systems business have been classified … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Relative And Intrinsic Stock Valuation: 5 Key Methods

Posted: 26 Jan 2012 05:43 AM PST

Valuation is, of course, fundamental to investing. Knowing what an asset is worth and the drivers of value is a pre-requisite for intelligent investing (as opposed to speculation). In general, there are two basic methods for valuing stocks. One approach is relative valuation, which compares a stock’s valuation level based on multiples like the Price Earnings ratio with those of other stocks (known as ‘comparable companies’) or versus the company’s own historical valuation levels. 
The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Stock Trading On Friday, January 27, 2012

Posted: 26 Jan 2012 04:33 AM PST

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Friday, January 27, 2012

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
10.36
− 1.15
10.34
10.03

Bullish

AXP – American Express Company
49.98
− 0.38
49.78
49.96

Bullish

BA – Boeing Co
75.31
− 0.67
75.29
75.43

Neutral

BAC – Bank of America Corporation
7.30
− 0.68
7.29
6.93

Bullish

CAT – Caterpillar Inc
111.31
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Friday, January 27, 2012

Posted: 26 Jan 2012 04:33 AM PST

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Friday, January 27, 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
110.36
+ 0.20
110.16
110.21

Bullish

BND – Vanguard Total Bond Market ETF
83.75
+ 0.26
83.52
83.48

Bullish

DBC – DB Commodity Index Tracking Fd
28.09
+ 0.29
27.90
27.42

Bullish

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

The Trend Trader For Futures Trading On Friday, January 27, 2012

Posted: 26 Jan 2012 04:33 AM PST

By ForexMansion.com

The Trend Trader for Futures
For Trading On Friday, January 27, 2012

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Mar ESH2
1315.25
− 0.38
1314.11
1301.25

Bullish

Dow Jones – Mar YMH2
12684
− 0.03
12654
12550

Bullish

Nasdaq – Mar NQH2
2453.25
− 0.29
2448.11
2412.92

Bullish

Russell – Mar TFH2
792.30
− 0.01
788.56
775.97

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 Forex Trading On Friday, January 27, 2012

Posted: 26 Jan 2012 04:33 AM PST

By ForexMansion.com

The Trend Trader for Forex
For Trading On Friday, January 27, 2012

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0627
+ 0.29
1.0557
1.0408

Bullish

EURUSD – Euro / US Dollar
1.3108
+ 0.02
1.3065
1.2848

Bullish

GBPUSD – British Pound / US Dollar
1.5689
+ 0.21
1.5635
1.5476

Bullish

USDCAD – US Dollar / Canadian Dollar
1.0017
− 0.27
1.0063
1.0148

Bearish

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

Filling An Energy Order With Chinese Takeouts

Posted: 25 Jan 2012 10:00 PM PST

China has been hungry to power its country for more than 1.3 billion residents, and takeouts of commodity-related companies is one way to fill its tall energy order.
We told you about one merger and acquisition (M&A) deal out of China. Last year, Sinopec acquired Canadian energy company Daylight Energy for $2.1 billion in cash, a whopping 120 percent premium to Daylight's share price prior to the announcement. With this purchase, Sinopec gains access to more than 300,000 acres rich with … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
at

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