Monday, January 23, 2012

DailyMarkets.com - UTI Foundation’s National Drive To Succeed Video Competition Rewards Three High School Seniors With Scholarships And Three High School Auto Shops With Upgrades

DailyMarkets.com - UTI Foundation’s National Drive To Succeed Video Competition Rewards Three High School Seniors With Scholarships And Three High School Auto Shops With Upgrades

UTI Foundation’s National Drive To Succeed Video Competition Rewards Three High School Seniors With Scholarships And Three High School Auto Shops With Upgrades

Posted: 23 Jan 2012 07:57 AM PST

Halliburton Ends ’11 On Strong Note

Posted: 23 Jan 2012 07:55 AM PST

Major oilfield services provider Halliburton Company (NYSE:HAL) reported slightly better-than-anticipated fourth quarter 2011 results, which were helped by the strength and sustainability of the all-important North American onshore activity levels (to which the company is heavily leveraged through its market-share-leading pressure-pumping business).
Earnings per share, excluding special items, came in at $1.00, beating the Zacks Consensus Estimate of 99 cents and comfortably ahead of the year-ago … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Colgate-Palmolive

Posted: 23 Jan 2012 07:55 AM PST

Colgate-Palmolive Company (NYSE:CL), one of the leading global consumer product manufacturers, is scheduled to report its fourth-quarter 2011 financial results before the market opens on January 26, 2012. The current Zacks Consensus Estimate for the quarter is earnings of $1.30 a share. For the quarter under review, revenue is expected to be $4,219 million, according to the Zacks Consensus Estimate.
Third-Quarter 2011, a synopsis
Colgate-Palmolive posted earnings of $1.31 per share for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CNOOC Reveals 2012 Development Plan

Posted: 23 Jan 2012 07:40 AM PST

CNOOC Ltd (NYSE:CEO) recently came up with its business strategy and development plans for 2012. The company targets net production in the range of 330 to 340 million barrels of oil equivalent (boe) for 2012 compared to the range of 331 to 332 million boe projected for 2011.
CNOOC expects four new projects in offshore China to be commissioned in 2012. Among these, production from one of the adjustment projects at Panyu 4-2/5-1 is expected to hit the 57 thousand barrels per day mark by 2014, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Micron To Acquire Virtensys

Posted: 23 Jan 2012 07:40 AM PST

Semiconductor-based memory chip manufacturer Micron Technology Inc. (NYSE:MU) recently announced its intention of acquiring U.K.-based tech start-up Virtensys Ltd., for an undisclosed sum. The transaction is expected to be wrapped up by the end of this month. With this acquisition, Micron would be able to seize a significant share of the SSD (Solid State Drive) market, nudging aside the likes of OCZ Technology Group Inc. (OCZ) and Fusion-io.
Virtensys Ltd. provides I/O virtualization … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Eurozone Consumer Confidence Comes In At -20.6 According To News Report

Posted: 23 Jan 2012 07:18 AM PST

This is a correction to what was originally reported at 10 AM of -21.0. (expected -21.4).  The 2011 low came in December at -21.3. Prior to that, the most recent low was at -22.0 in August of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Chart Of The Day: The Bright Future Of Shale Gas

Posted: 23 Jan 2012 07:09 AM PST

According to data in the EIA’s Annual Energy Outlook 2012, domestic shale gas production will increase from its current 23% share of total natural gas production to 49% by 2035 (see chart above, click to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AG Mortgage Prices Public Offering

Posted: 23 Jan 2012 07:05 AM PST

AG Mortgage Investment Trust, Inc. (MITT) recently announced the pricing of  a public offering of 5 million shares at an average price of $19.00 per share. In a bid to cover over allotments, the company will also provide a 30-day option to the underwriters for purchasing an additional 750,000 shares.
The financial proceeds generated from the transaction will be utilized by the company to purchase financial assets and residential mortgage-backed securities (RMBS) and for other general … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MITx Could Revolutionize Higher Education

Posted: 23 Jan 2012 06:54 AM PST

From today’s Chronicle of Higher Education:

“MIT has invented or improved many world-changing things—radar, information theory, and synthetic self-replicating molecules, to name a few. Last month the university announced, to mild fanfare, an invention that could be similarly transformative, this time for higher education itself. It’s called MITx. In that small lowercase letter, a great deal is contained.

MITx is the next big step in the open-educational-resources movement that MIT helped … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Meredith Corp.

Posted: 23 Jan 2012 06:50 AM PST

Meredith Corporation (NYSE:MDP) is slated to report its second-quarter 2012 financial results on January 24, 2012. The current Zacks Consensus Estimate for the quarter is 67 cents a share. The Zacks Consensus estimates revenues to come in at $343 million.
Recap of First-Quarter 2012
Meredith Corporation posted better-than-expected first-quarter 2012 results on the heels of modest demand for non-political advertising at its Local Media groups, increased readership and online traffic and effective … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Norfolk Southern

Posted: 23 Jan 2012 06:35 AM PST

Norfolk Southern Corp. (NYSE:NSC), one of the leading rail transportation companies in the U.S., is slated to release its fourth quarter 2011 results on Tuesday, January 24, after the closing bell. The current Zacks Consensus Estimate for the fourth quarter is pegged at $1.40 per share, representing an annualized growth of 39.74%.  
Third Quarter Flashback
Norfolk's third quarter financial results surpassed the Zacks Consensus Estimate and came in above the year-ago level backed by strong … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Market News Briefs: Apple, Capital One Financial, Parker-Hannifin, SunTrust Banks, Talbots

Posted: 23 Jan 2012 06:30 AM PST

    Apple Inc. (NASDAQ:AAPL) managed to gain an upper hand over Samsung, after a German court ruled against the latter in a patent related case

    Shares of Parker-Hannifin Corporation Com (NYSE:PH) slumped 4% after it lowered its 2012 earnings guidance

    SunTrust Banks, Inc. (NYSE:STI) reported fourth quarter earnings per share of $0.28, beating the Zacks Consensus Estimate by a penny

    Reports that Golden Gate and TPG were … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Slow Start To Busy Week

Posted: 23 Jan 2012 06:30 AM PST

The market appears to be least concerned about Greece's inability to reach a restructuring deal with its private creditors. The Greek government assured that it did not see its talks collapsing. This, coupled with a successful German bond auction today, should help stocks sustain the positive momentum of the last couple of weeks. We have a relatively quiet day today on the economic and earnings fronts, but the rest of this week brings a host of material reports.
On the economic front this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

An Exclusive Tour Of The Museum Of American Finance’s Museum Shop

Posted: 23 Jan 2012 06:30 AM PST

01/23/12 NYFP’s “This Week in Wall Street History”: Alan Hurley, shop associate at the Museum of American Finance, gives us an exclusive tour of the museum shop and some of the important items that they not only have for display, but for sale as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro Bid Above 1.3000 As Greek Debt Talks Expected To Conclude "Shortly"

Posted: 23 Jan 2012 06:28 AM PST

Fundamental Headlines
• EU Banks May Deepen Dependence on ECB – Bloomberg
• Spain Risks Deficit Spiral as Poll Postpones Cuts – Bloomberg
• EU Bans Iranian Oil, Tehran Responds with Threats – Reuters
• Euro Rebounds to Trade above $1.30 – WSJ
• Lagarde Says Europe Must Boost Firewall – WSJ
European Session Summary
Although trading in the early part of the Asian session yielded little volatility and price action mostly to the downside across higher beta currencies, such as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EURUSD Consolidates In NY Trade

Posted: 23 Jan 2012 06:21 AM PST

The EURUSD has consolidated at the top of the days trade. There is some lower highs in place but so far, no lower lows on the intraday chart. A move below the above trendline support at the 1.3010 wil need to be made followed by moves below recent lows in the same chart.  The 1.3007, 1.2997 and the 1.2984 prices which need to be taken … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Bristol-Myers

Posted: 23 Jan 2012 06:21 AM PST

Pharmaceutical giant  Bristol-Myers Squibb Company (NYSE:BMY) is all set to unveil its fourth quarter and full year 2011 results on January 26, 2012 before the start of trading. The Zacks Consensus Estimate for the fourth quarter is $0.55 (year-over-year increase of 17%) on revenues of $5,472 million (year-over-year increase of 7.1%). For 2011, the Zacks Consensus Estimate is $2.30 (year-over-year increase of 6.5%) on revenues of $21,293 million (year-over-year increase of 9.3%).
Third … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

PivotBoss Report For 01/23/12

Posted: 23 Jan 2012 06:09 AM PST

Market Outlook The S&P 400 Index ($MID) is holding above a long term resistance level for the first time in nearly six months, which could pave the way for more strength ahead. Today's intraday price action could introduce a nice surprise, as well. Here's why… … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: JEC

Posted: 23 Jan 2012 06:05 AM PST

Jacobs Engineering Group Inc. (NYSE:JEC) will be reporting its first-quarter 2012 earnings on Wednesday, January 25, 2012.
The current Zacks Consensus Estimate for earnings per share (EPS) is 69 cents, representing an annualized growth of 22.79%.  
With respect to earnings surprises over the trailing four quarters, Jacobs outperformed the Zacks Consensus Estimate in two quarters, was in line in one while underperformed in the rest. Average earnings surprise was a negative 0.29%, indicating … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Various Types Of U.S. Bankruptcies

Posted: 23 Jan 2012 01:00 AM PST

01/23/12 NYFP’s “Wall Street Lingo”: Rick Szambel of Sunrise Securities explains the types of bankruptcies in the United States, specifically Chapter 11 and Chapter … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Minnesota’s Anti-Consumer Embalming Laws

Posted: 23 Jan 2012 05:55 AM PST

From an editorial in the StarTribune about the Institute for Justice’s latest case in Minnesota (featured on CD last week):

“Should the government require cabbies to drive six-wheeled taxis or make art galleries buy a Picasso just to prove how serious they are about serving the public? No, because it is silly to force entrepreneurs to waste money on things they don’t want, don’t need, won’t use and can’t afford. But the state of Minnesota thinks otherwise.

Verlin Stoll is a 27-year-old … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Natural Gas Picture Still Bleak

Posted: 23 Jan 2012 05:50 AM PST

The U.S. Energy Department’s weekly inventory release showed a slightly lower-than-expected drop in natural gas supplies, as warmer-than-normal temperatures across the country have restricted the commodity's requirement for power burn. In fact, gas stocks – currently 20.8% above the 5-year average and 19.6% higher than the same period last year – are at their highest level for this time of the year, reflecting low demand amid robust onshore output.
The Weekly Natural Gas Storage Report … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Westamerica Lags Marginally

Posted: 23 Jan 2012 05:35 AM PST

Westamerica Bancorp. (NASDAQ:WABC) reported its fourth-quarter 2011 earnings of 77 cents per share, slightly below the Zacks Consensus Estimate of 79 cents. The result was also down compared with the prior quarter's earnings of 79 cents and the prior-year quarter's earnings of 81 cents.
For the full year 2011, Westamerica recorded earnings per share of $3.06, down 5% from $3.21 in the prior year. The full year earnings also missed the Zacks Consensus Estimate of $3.16.
Results in the quarter … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

HDFC Bank’s Profit Surges

Posted: 23 Jan 2012 05:25 AM PST

HDFC Bank's (NYSE:HDB) fiscal third quarter 2012 (ended December 31, 2011) net profit of INR14.30 billion (US$0.26 billion) saw an impressive 31.4% increase over the prior-year quarter. The results improved mainly due to a strong growth in net revenue and a decline in provisions and contingencies (primarily comprising loan loss provisions). However, these were partially offset by higher operating expenses.
Net revenue for the quarter shot up 16.2% year over year to INR45.36 billion (US$0.88 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Abundance: The Future Is Better Than You Think

Posted: 23 Jan 2012 05:25 AM PST

In the upcoming book “Abundance: The Future is Better Than You Think” (to be released February 21) space entrepreneur turned innovation pioneer Peter H. Diamandis (featured in the video above) and award-winning science writer Steven Kotler document how progress in artificial intelligence, robotics, infinite computing, ubiquitous broadband networks, digital manufacturing, nanomaterials, synthetic biology, and many other exponentially growing technologies will enable us to make greater gains in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EURUSD Breaches 1.3000 For The 1st Time Since January 4th

Posted: 23 Jan 2012 05:18 AM PST

Is The USD Back Against The Swissy?

Posted: 23 Jan 2012 04:25 AM PST

The US dollar had rebounded strongly after it suffered a sharp dip against the Swiss franc last August 2011. After reaching a low of 0.7066, the USD/CHF pair is now back above 0.9200. The question now is, will the USD sustain its recent run versus the CHF?
As you can see from the pair's daily chart above, it appears the it could indeed sustain its recent rally and even move into greater heights. From March until November 2011, the pair had formed what seems to be a cup and handle pattern (one … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

3 Golden Rules For Damage Control In Forex Trading

Posted: 22 Jan 2012 06:48 PM PST

By ForexMansion.com
In times when even a lazy expert has already told his word about the recession, Forex market seems to remain immensely huge as a rock to be out of recession reach. Therefore, profiting in hard times, as well as during economic stability, is more than possible with Forex.
However new traders are easily swayed by a massive spam-like avalanche of information, which comes from multiple sources (i.e. outdoor and internet ads) and promises you riches overnight. In this respect, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

A Warren Buffett Stock Screen: Blending Benjamin Graham With A Dashing Of Philip Fisher

Posted: 21 Jan 2012 03:09 AM PST

With the recent news of his investment in Tesco (LON:TSCO), we thought we’d take a look this week at a Warren Buffett stock screen using the Stockopedia Pro data-set. Buffett’s approach is a highly fundamentals-focused one which blends both Graham-esque value investing principles with an emphasis on the calibre of the business franchise. In essence, it looks for simple, understandable companies that have a monopoly position and pricing power (for example, through strong brand recognition), … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
at

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