DailyMarkets.com - Aetna In Line With Estimates

---

• Aetna In Line With Estimates
• Revenue Miss Sends Amazon Crashing
• Harris Wins Major Contract
• Broadcom Beats Expectations
• Risk-Reward Balances For Endo Pharma
• Risk-Reward Balances For Endo Pharma
• Whirlpool Misses, Profits Dip
• Forex Trading: GBPUSD Consolidates, Then Surges To Highest Level Since Nov 2011
• Aflac Misses Est., Wary Of 2012
• Forex Trading: EURJPY Finds Some Upside Resistance Against 38.2% Retracement
• NASDAQ Exits 2011 Feebly
• Forex Trading: USDJPY Moves Below Bottom Trend Line
• Forex Trading: EURJPY Looks To Test The Key 100 And 200 Hour MA Level
• Qiagen Posts A Solid 4Q
• Stock Market News Briefs: Mattel, Rex Energy, Radioshack, Vertex Pharmaceuticals Incorporated, Waddell & Reed Financial
• CHRW Misses Estimates In 4Q
• A Plethora Of Earnings & Econ Data
• Suncor: EPS Beats, Volumes Hurt
• ACE Beats, Higher Cat Loss Mars Net
• Bard Tops In 4Q, Charges Crimp Net
• Higher ASP Drives Seagate’s 2Q
• Energizer Beats EPS, Revs Fall Shy
• Hershey’s EPS In Line, Ups Dividend
• AMCC’s EPS Above Estimate, Rev Lags
• CNH Impressively Beats Estimates
• Alnylam Gets New Patent
• Shale Oil Revolution Comes To Eagle Ford Texas
• Dow Posts Triple-digit Gain, Global Manufacturing Lifts Equities
• Are Dividend Stocks Overvalued?
• January Effect In Play? Commodity Currencies Continue Surge
• European Stocks And Futures Jump On Data, Greece Hopes
• How Can You Measure The Risk Of A Share?

Aetna In Line With Estimates Posted: 01 Feb 2012 09:50 AM PST U.S. health insurer Aetna Inc.'s (AET) fourth quarter 2011 earnings of 97 cents per share, came in line with the Zacks Consensus Estimate. Earnings were, however, up 54% year over year. The company primarily benefited from low medical utilization and a decline in operating expense. Aetna's total revenue for the reported quarter came in at $8.54 billion compared with $8.51 billion in the prior-year quarter. Operating Expenses were $1.83 billion down 3.0% year over year, while the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Revenue Miss Sends Amazon Crashing Posted: 01 Feb 2012 09:50 AM PST Amazon.com's (NASDAQ:AMZN) fourth quarter earnings beat the Zacks Consensus Estimate by 24 cents, or 150%. However, investors were much more concerned about the 4.3% revenue miss, sending shares down 8.71% in after-hours trading. Revenue Amazon reported revenue of $17.43 billion, up 60.3% sequentially and 34.6% year over year (in the middle of management's guided range but missing consensus expectations by around 4.3%). Year-over-year revenue growth was 34%, excluding favorable currency … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Harris Wins Major Contract Posted: 01 Feb 2012 09:50 AM PST Harris Corp. (NYSE:HRS), a leading telecommunications equipment manufacturer for the defense sector, has received a $235 million contract to supply its innovative Falcon III tactical radio system to the Australian Department of Defense. Currently, Australian Defense Ministry is working on a project to develop a fully networked Australian arms brigade in 2013. Falcon III will provide Australia's armed forces with reliable and secure Type-1 tactical voice and data communications. We believe … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Broadcom Beats Expectations Posted: 01 Feb 2012 09:40 AM PST Broadcom Corporation (NASDAQ:BRCM) generated revenues of $1.82 billion in the fourth quarter of 2011, down 6.4% year over year and down 7.0% sequentially, but which surpassed Zacks Consensus Estimate of $1.79 billion and management's projection of $1.8 billion. In terms of end-markets, the Broadband Communications revenue was down 3% sequentially due to decease in demand for DTV and Blu-ray products. The Infrastructure & Networking business was down 13% sequentially due to softness in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Risk-Reward Balances For Endo Pharma Posted: 01 Feb 2012 09:40 AM PST We are maintaining our Neutral stance on Endo Pharmaceuticals (NASDAQ:ENDP) with a target price of $39.00. Endo Pharma is a specialty healthcare solutions company that operates in the US and offers more than 175 products in the areas of pain management, urology and oncology. Endo Pharma is on an acquisition/deal signing spree to expand its business. In January 2012, Endo Pharma inked a global license and development deal with BioDelivery Sciences regarding the latter's pain candidate BEMA … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Risk-Reward Balances For Endo Pharma Posted: 01 Feb 2012 09:40 AM PST We are maintaining our Neutral stance on Endo Pharmaceuticals (NASDAQ:ENDP) with a target price of $39.00. Endo Pharma is a specialty healthcare solutions company that operates in the US and offers more than 175 products in the areas of pain management, urology and oncology. Endo Pharma is on an acquisition/deal signing spree to expand its business. In January 2012, Endo Pharma inked a global license and development deal with BioDelivery Sciences regarding the latter's pain candidate BEMA … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Whirlpool Misses, Profits Dip Posted: 01 Feb 2012 09:35 AM PST Whirlpool Corporation (NYSE:WHR) revealed a profit of $2.62 per share for the fourth quarter of 2011 compared with $171 million or $2.19 per share in the same period last year. However, excluding special items, profits decreased to 32 cents per share from 43 cents per share in the fourth quarter of 2010. It was significantly lower than the Zacks Consensus Estimate of $1.93 per share. Revenues in the quarter fell marginally to $4.9 billion from $5.0 billion as improving price/mix was offset by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: GBPUSD Consolidates, Then Surges To Highest Level Since Nov 2011 Posted: 01 Feb 2012 09:21 AM PST The GBPUSD has been contained on the topside over the last 2 to 2 1/2 months of trading. Yesterday a play was made to extend higher but failed. Today, the move has pushed above the 1.5778 level after consolidating in a narrow range for much of the trading day (see chart above). Better UK PMI helped push the pair higher. The price has since moved to a high of 1.5866. The high print going back to November 18th came in at 1.5886.   The 1.5886 will be the next target above.   … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aflac Misses Est., Wary Of 2012 Posted: 01 Feb 2012 09:21 AM PST Aflac Inc.'s (NYSE:AFL) fourth-quarter 2011 operating earnings per share of $1.48 came in triple pennies below the Zacks Consensus Estimate of $1.51 but were comfortably higher than $1.33 reported in the year-ago quarter. Operating earnings escalated 10.0% year over year to $691 million. A stronger yen/dollar exchange rate helped increase operating earnings per share by 6 cents. Operating earnings in the reported quarter excluded after-tax negative impact of realized investment losses from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EURJPY Finds Some Upside Resistance Against 38.2% Retracement Posted: 01 Feb 2012 09:21 AM PST Like a lot of pair, the EURJPY has reversed some of the declines from yesterday. The price has moved above channel resistance and moved to the 38.2% of the move down from the January 26th high to the low today (at 100.363 see chart above). The price moved above that level but has not been able to close above this level today.  ON a move above be aware that the 100 and 200 hour MA are converged at the 100.63 level. I would expect good resistance at the level. On the downside the 99.95 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

NASDAQ Exits 2011 Feebly Posted: 01 Feb 2012 09:21 AM PST NASDAQ OMX Group Inc.'s (NASDAQ:NDAQ) fourth-quarter 2011 operating earnings per share of 63 cents came a nickel below the Zacks Consensus Estimate of 68 cents but modestly ahead of 55 cents in the prior-year quarter, based on lower share count. NASDAQ's GAAP net income came in at $82 million or 45 cents per share, lagging behind $137 million or 69 cents per share recorded in the year-ago quarter. Results in the reported quarter included $44 million (pre-tax) of debt extinguishment, asset … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDJPY Moves Below Bottom Trend Line Posted: 01 Feb 2012 09:21 AM PST The USDJPY has moved below bottom trendline support at the 76.14 level. The low for the day came in at 76.01. Additional support comes in at 75.94 and then the low at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EURJPY Looks To Test The Key 100 And 200 Hour MA Level Posted: 01 Feb 2012 09:21 AM PST The price made it up to a high of 100.56. The 100 and 200 hour MA are at 100.61 and 100.63.  Key levels for the pair.  I would expect sellers with stops … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Qiagen Posts A Solid 4Q Posted: 01 Feb 2012 09:03 AM PST Adjusting for the one-time items including restructuring charges of $75 million, Qiagen (NASDAQ:QGEN) reported adjusted EPS of 31 cents in the fourth quarter of fiscal 2011, beating the Zacks Consensus Estimate of 28 cents as well as the year-ago quarter earnings by 19%. Adjusted EPS in fiscal 2011 stood at 98 cents, comfortably beating the Zacks Consensus Estimate of 90 cents and the year ago adjusted EPS of 93 cents. Net sales in the quarter were $334.4 million, up 17% year over year (17% at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Market News Briefs: Mattel, Rex Energy, Radioshack, Vertex Pharmaceuticals Incorporated, Waddell & Reed Financial Posted: 01 Feb 2012 09:03 AM PST     Retailer of consumer- electronics RadioShack Corp’s. (NYSE:RSH) share prices plummeted 29.81% after the company’s fourth quarter earnings results came in below the Street’s expectations. Separately, the retailer also suspended its share buyback program     Share prices of toy maker Mattel Inc. (NYSE:MAT) rose more than 4.9% to close at $31.00 after the company reported solid fourth-quarter earnings figures. The California based company also raised its quarterly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CHRW Misses Estimates In 4Q Posted: 01 Feb 2012 09:03 AM PST C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) has reported fourth quarter 2011 earnings per share of 67 cents, missing the Zacks Consensus Estimate by a penny.  Reported earnings  increased 8.1% from 62 cents in the year-ago quarter, primarily driven by Intermodal and trucking revenues. For fiscal 2011, earnings per share climbed 12.4% year over year to $2.62. Total revenue in the fourth quarter escalated 10.4% year over year to $2.57 billion, but lagged the Zacks Consensus Estimate of $2.62 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

A Plethora Of Earnings & Econ Data Posted: 01 Feb 2012 09:03 AM PST Favorable manufacturing data out of China and Europe appears to have put U.S. stocks in a positive mood today even as we wait for a key manufacturing report of our own a little later. The market will also be trying to handicap the all-important jobs report on Friday from this morning's in-line reading from payroll processor Automatic Data Processing (NYSE:ADP). A total of 170K private sector jobs were in created in January according to the ADP, matching expectations. On the negative side, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Suncor: EPS Beats, Volumes Hurt Posted: 01 Feb 2012 09:03 AM PST Canada's biggest energy firm and the largest oil sands outfit, Suncor Energy Inc. (NYSE:SU) reported mixed fourth quarter and full year 2011 results, reflecting higher average upstream price realizations, partially offset by operational disturbances at various facilities.    Earnings per share, excluding certain items, came in at 91 Canadian cents (89 cents US) in the fourth quarter, surpassing the Zacks Consensus Estimate of 88 cents and 52 Canadian cents earned in the prior-year … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ACE Beats, Higher Cat Loss Mars Net Posted: 01 Feb 2012 09:03 AM PST ACE Limited (NYSE:ACE) reported a fourth-quarter 2011 operating income of $1.94 per share, which came in ahead of the Zacks Consensus Estimate by 13 cents. Earnings declined 5% from $2.05 per share earned in the year-ago quarter. Operating income in the quarter was $663 million, down 6% from $702 million in the fourth quarter of 2010. The quarter suffered huge catastrophe losses of $155 million, which increased more than threefold. However, premiums increased aided by acquisitions, global accident … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bard Tops In 4Q, Charges Crimp Net Posted: 01 Feb 2012 09:03 AM PST Leading medical devices maker C. R. Bard's (NYSE:BCR) adjusted earnings for fourth-quarter fiscal 2011 topped expectation but lofty charges dragged down its profits for the quarter. The New Jersey-based company posted adjusted earnings of $1.70 a share which beat the  Zacks Consensus Estimate of $1.68 and surpassed the year-ago earnings of $1.54. per share The results also exceeded the company's guidance by a couple of cents. Adjusted earnings exclude one-time items including costs (of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Higher ASP Drives Seagate’s 2Q Posted: 01 Feb 2012 09:03 AM PST Seagate Technology plc (NASDAQ:STX) reported second quarter 2012 earnings per share of $1.32, comprehensively beat the Zacks Consensus Estimate of $1.09, on the back of higher average selling price (ASP) of hard disk drives (HDD) arising from the supply-chain disruption post the Thailand flood. Revenue Seagate reported revenues of $3.19 billion in the second quarter of 2012, up 17.5% from $2.72 billion in the year-ago period. The company shipped 47 million units during the quarter down from 50.7 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Energizer Beats EPS, Revs Fall Shy Posted: 01 Feb 2012 09:03 AM PST Energizer Holdings Inc.'s (NYSE:ENR) first quarter 2012 non-GAAP earnings of $2.05 per share not only surpassed the Zacks Consensus Estimate of $1.91, but also increased 22.0% from the previous-year quarter. Revenues Revenues edged up 1.8% year over year to $1.19 billion, but fell short of the Zacks Consensus Estimate of $1.24 billion. Household Products: Household Product, which comprised 52.9% of total revenue, decreased 5.2% year over year to $633.7 million, due to shift in timing of holiday … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hershey’s EPS In Line, Ups Dividend Posted: 01 Feb 2012 09:03 AM PST The Hershey Company (NYSE:HSY) posted fourth quarter 2011 adjusted earnings of 70 cents a share, in line with the Zacks Consensus Estimate. However, it surpassed the prior-year adjusted earnings by 14.75%. The company posted adjusted fiscal 2011 earnings of $2.82 per share, up 10.6% from the previous year. The full-year earnings per share was also in line with the Zacks Consensus estimates. On a reported basis, earnings for the quarter came in at 62 cents, up from 59 cents per share delivered in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AMCC’s EPS Above Estimate, Rev Lags Posted: 01 Feb 2012 09:03 AM PST Applied Micro Circuits Corporation (NASDAQ:AMCC) posted Non-GAAP net loss of $1.1 million in its third quarter of fiscal 2012, compared to a net income of $6.8 million in the previous year quarter and $1.1 million in the last quarter. Diluted EPS came in at (2 cents) per share compared to 10 cents per share in the year-ago quarter, beating the Zacks Consensus Estimate of (10 cents) per share. Revenues Net sales came in at $56.3 million, down 9.6% year over year and 13.2% sequentially. This did … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CNH Impressively Beats Estimates Posted: 01 Feb 2012 09:03 AM PST CNH Global N.V. (NYSE:CNH) recently reported its fourth quarter financial results of 2011. Net income (before restructuring and exceptional items) came in at $189 million falling 13% year over year and around 31% sequentially. Diluted EPS was 79 cents compared to 90 cents in the previous year quarter, beating our Zacks Consensus Estimate of 72 cents. In 2011, net income amounted to $918 million, rising 85% compared to 2010 with diluted EPS at $3.82, beating our estimate of $3.75. This was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Alnylam Gets New Patent Posted: 01 Feb 2012 09:03 AM PST Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) recently announced that it has received a notice of allowance from the US patent office for a new patent which covers the company's proprietary second generation lipid nanoparticle (LNP) platform, including the "MC3" lipid. Alnylam, which currently has no product on the market, develops novel therapeutics based on a biological breakthrough technology known as RNA (Ribo Nucleic Acid) interference (RNAi). The company wants to focus its resources on its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Shale Oil Revolution Comes To Eagle Ford Texas Posted: 01 Feb 2012 08:59 AM PST Reuters reports that the shale oil-rich area of Texas known as the Eagle Ford is quickly become the country’s new hot spot for oil, and could rival production in the Bakken region of North Dakota within a few years: “Over the past two years, some 30 companies have moved in to a shale prospect in South Texas called the Eagle Ford that could add 420,000 barrels per day (bpd) to U.S. crude oil production, nearly matching the output of OPEC member Ecuador. The first phase of this latest boom has … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dow Posts Triple-digit Gain, Global Manufacturing Lifts Equities Posted: 01 Feb 2012 08:50 AM PST 02/01/12 US stocks tracked global equity markets higher, on better-than-expected global PMI data. ISM manufacturing came in slightly below forecasts, but ADP came in line with … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Are Dividend Stocks Overvalued? Posted: 01 Feb 2012 08:47 AM PST What we saw at the end of 2011 was an environment where an investor's sound strategy began to win out over the masses… Market players began to disregard all the premature "good news" coming from Europe and started making better investment decisions. At the beginning, they were bullish on any positive news, and then funneled all their money into Treasuries – with a return of around 2% – when that "good news" turned out to be less than credible. As we have said here many times, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

January Effect In Play? Commodity Currencies Continue Surge Posted: 01 Feb 2012 06:45 AM PST Fundamental Headlines • ECB Should Cut Greek Debt by Returning Gain – Bloomberg • Gross: Low Rates Signaling Birth of Austerity – Bloomberg • Plosser Slams Fed's 2014 Low-rate Forecast – Reuters • Germany Insists on Greek Budget Controls – WSJ • Syria Troops Launch New Assault near Capital – WSJ European Session Summary Higher yielding currencies and risk-correlated assets were well-bid throughout the European session, as optimism over the Euro-zone's bailout fund took … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

European Stocks And Futures Jump On Data, Greece Hopes Posted: 01 Feb 2012 01:15 AM PST 02/01/12 European stocks and U.S. futures were in the green this morning on reports of progress in Greece’s debt restructuring talks and strong euro area … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

How Can You Measure The Risk Of A Share? Posted: 01 Feb 2012 01:06 AM PST For some reason they let the loons out of the mad house in finance a long time ago. These loons came with  PhDs, prizes and all kinds of fancy equations and for the traders who worked so hard in their spare time to get minor letters after their name like MBAs or CFAs they were too much to resist. These crazy fools suggested that the risk of a share could be quantified as its volatility – essentially how much it wiggled around on a day to day basis.   For whatever reason (Emperor’s New … [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