Tuesday, February 21, 2012

DailyMarkets.com - Gentiva To Pay Settlement Fee

DailyMarkets.com - Gentiva To Pay Settlement Fee

Gentiva To Pay Settlement Fee

Posted: 21 Feb 2012 04:10 PM PST

Last week, Gentiva Health Services Inc. (NASDAQ:GTIV) announced a settlement agreement with the US Department of Justice (DoJ), whereby the company will pay a $25 million one-time fee. The settlement is related to an investigation into the provision of continuous care services of its subsidiary, Odyssey HealthCare Inc.
Additionally, Gentiva's Hospice segment, which covers Odyssey, will undergo auditing for five years. Moreover, the company has agreed to provide special education to its employees. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

B&N Launches Cheaper Nook

Posted: 21 Feb 2012 03:58 PM PST

02/21/12 Barnes & Noble unveiled an 8 GB version of its Nook Tablet device, and lowered the price of its Nook Color … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Statoil Finds Gas Offshore Tanzania

Posted: 21 Feb 2012 03:45 PM PST

Statoil ASA (NYSE:STO) along with its partner ExxonMobil Corporation (NYSE:XOM) has found indications of natural gas in the Zafarani-1 well in Block 2 offshore Tanzania.
The well, located about 80 kilometers off mainland Tanzania is considered to be of superior quality. Spud in early January, drilling activities of the well are likely to be over within three months.
The drillship Ocean Rig Poseidon is being used to drill the well, which is the first exploration in the license spanning approximately … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forest Oil Adds Permian Acreage

Posted: 21 Feb 2012 03:45 PM PST

Forest Oil Corporation (NYSE:FST) is all set to expand its oily footprint in the Permian Basin. The company has increased its total Permian Basin acreage position to 126,000 gross acres (114,500 net) through the Wolfbone acreage acquisition, significantly widening its presence in the Delaware and Midland Basins.
The total Permian Basin acreage comprises 57,500 gross acres (51,500 net) of Wolfcamp Shale (Midland Basin) in Crockett County, Texas as well as 68,500 gross acres (63,000 net) prospective … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

FDA Nod For Gen-Probe’s PROGENSA

Posted: 21 Feb 2012 03:45 PM PST

Diagnostic products maker Gen-Probe Inc. (NASDAQ:GPRO) has secured the approval of the U.S. Food and Drug Administration (“FDA”) for its PROGENSA PCA3 assay, a novel molecular test designed to aid the diagnosis of prostate cancer.
The assay is geared for testing urine specimens from men who earlier had a negative prostate biopsy.
Gen-Probe submitted a Pre-market Approval ("PMA") application to the FDA for PROGENSA PCA3 in September 2010. The California-based company, in November 2011, said that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

American Capital Offloads Aptara

Posted: 21 Feb 2012 03:35 PM PST

Last week, American Capital Ltd. (NASDAQ:ACAS) announced the divesture of its portfolio company Aptara Inc. iEnergizer Limited acquired the unit in early-February 2012 for $144 million. This is the first company in 2012 that American Capital has sold out among its portfolio companies.
Aptara leads market in providing end-to-end outsourced multi-channel content production and digital media solutions. Aptara’s services include content creation and design, new media enhancements, technology solutions … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Roche’s Cancer Drug Gets EU Nod

Posted: 21 Feb 2012 03:35 PM PST

Roche Holdings Ltd. (RHHBY) recently announced that the European Commission has approved its cancer drug Zelboraf, which is to be used as a monotherapy for the treatment of adult patients with BRAF V600 mutation-positive metastatic melanoma (skin cancer).
The approval did not come as a surprise, as in December last year the Committee for Medicinal Products for Human Use (CHMP) had recommended the approval of the drug for the said indication.
Zelboraf was recently approved in a number of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Greatbatch Buying NeuroNexus

Posted: 21 Feb 2012 03:35 PM PST

Medical technology company Greatbatch (NYSE:GB) is acquiring Michigan-based implantable medical device design firm NeuroNexus Technologies for roughly $12 million. The deal includes assumption of debt and future considerations (undisclosed).
NeuroNexus, founded in 2004, specializes in high-value neural interface technology, components and systems for neuroscience and clinical markets. The entity possesses a vast portfolio of intellectual property, core technologies and capabilities to facilitate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Neutral View On Conmed

Posted: 21 Feb 2012 03:20 PM PST

We retain our Neutral recommendation on medical technology company Conmed Corporation (NASDAQ:CNMD) following its mixed fourth-quarter 2011 results. Its adjusted earnings of 46 cents per share outpaced the Zacks Consensus Estimate of 39 cents. However, the company swung to a loss in the quarter, hurt by a hefty goodwill impairment charge.
Revenues rose just 0.8% year over year to roughly $185.6 million, missing the Zacks Consensus Estimate. Sales grew narrowly as gain in the disposable business was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Existing Home Sales, Retailers’ Earnings In Focus

Posted: 21 Feb 2012 03:20 PM PST

02/21/12 In this holiday shortened week, US housing data and earnings from retailers will be closely watched. Wednesday brings the release of existing home sales and earnings from DOllar Tree and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Scorecard: Federal Realty

Posted: 21 Feb 2012 03:10 PM PST

Federal Realty Investment Trust (NYSE:FRT) reported fourth quarter 2011 FFO (funds from operations) of $62.1 million or 97 cents per share compared with $62.2 million or $1.01 per share in the year-earlier quarter.
Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income.  Reported FFO missed the Zacks Consensus Estimate by  a penny.
Funds from operations, a widely used … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Trading Ideas For Wednesday February 22

Posted: 21 Feb 2012 03:07 PM PST

( click to enlarge )

Dendreon Corporation (NASDAQ:DNDN) seems to be on its way to recovery from the recent drop. The stock price has been falling on low volume for about 2 weeks now. I know I thought that $15 was a great buying opportunity, but I still think it is time to buy. A quick look at the daily chart of DNDN shows us that:

- The stock price has been making higher lows since January.
- The volume of transactions has been increasing substantially over the last 2 months.
- The 50 daily … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Fred’s Boosts Investor Value

Posted: 21 Feb 2012 03:05 PM PST

Fred's Inc. (NASDAQ:FRED) heaved up its quarterly dividend to 6 cents per share from 5 cents per share. On an annualized basis, Fred's dividend equates to 24 cents per share compared with 20 cents a year earlier.
Management said that the dividend hike reflects "strong cash flow, the 2012 financial plan and the capital requirements of continued new store and pharmacy growth."
The increased dividend is payable on March 15, 2012, to shareholders of record as of March 1, 2012. The company hiked … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earning Scorecard: Qualcomm

Posted: 21 Feb 2012 02:55 PM PST

Qualcomm Inc. (NASDAQ:QCOM) reported record first-quarter fiscal 2012 financial results, where both the earnings per share (EPS) and revenues exceeded the Zacks Consensus Estimates. The out performance was primarily attributable to the surge in demand for high-end 3G smartphones and tablets.
The company's Snapdragon platform and product diversification strategy induced management to significantly raise the company's outlook for the second quarter of fiscal 2012 and beyond.
First Quarter … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

PNC To Open Canada Branch

Posted: 21 Feb 2012 02:55 PM PST

PNC Financial Services Group Inc. (NYSE:PNC) is seeking to expand its business in Canada. The company has applied to convert its corporate banking office in Toronto to a full-service branch, according to a Reuters report, which cited a notice of application in the Canada Gazette.
Notably, in June 2011, PNC Financial announced its plan to purchase RBC Bank (USA), the U.S. retail banking subsidiary of Royal Bank of Canada (NYSE:RY), for $3.45 billion. The acquisition would help PNC Financial to expand … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Capital One Closes ING Direct Deal

Posted: 21 Feb 2012 02:55 PM PST

Within a few days after receiving the Federal Reserve's consent, Capital One Financial Corporation (NYSE:COF) wrapped up the ING Direct USA deal, which the company had announced in June 2011. ING Direct USA is the online banking unit of the Amsterdam-based ING Groep NV (NYSE:ING).
ING Groep had been asked by the European Commission to sell its online banking unit in return to get the approval for the €10 billion ($13.13 billion) state aid received in 2008.
As per the terms of the agreement, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Scorecard: Host Hotels

Posted: 21 Feb 2012 02:55 PM PST

Host Hotels & Resorts Inc. (NYSE:HST) reported fourth quarter 2011 FFO (funds from operations) of $233 million or 31 cents per share, compared with $187 million or 26 cents per share in the year-earlier quarter. The fourth quarter 2011 FFO beat the Zacks Consensus Estimate by a cent.
Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income.
We cover below the results of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Scorecard: CBS Corporation

Posted: 21 Feb 2012 02:30 PM PST

CBS Corporation (NYSE:CBS) reported better-than-expected fourth-quarter 2011 earnings on February 15, 2012. The Wall Street analysts had almost a week to ponder on the earnings results and eventually make their estimates revision.
Below we will cover the results of the recent earnings announcement, subsequent estimate revisions by analysts as well as the Zacks Rank and long-term recommendation for the stock.
Earnings Report Review
CBS Corporation's quarterly earnings of 57 cents a share … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

FDA Accepts Pfizer Drug NDA

Posted: 21 Feb 2012 02:20 PM PST

The US Food and Drug Administration (FDA) recently accepted Pfizer Inc.'s (NYSE:PFE) New Drug Application (NDA) for tafamidis meglumine. Pfizer is looking to get tafamidis approved for transthyretin familial amyloid polyneuropathy (TTR-FAP).
Tafamidis became a part of Pfizer's portfolio with its October 2010 acquisition of FoldRx. TTR-FAP is a progressively fatal genetic neurodegenerative disease.
Tafamadis, which gained approval in the EU in November 2011, faced a setback last year in the US … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Equinix Adds Capacity In The States

Posted: 21 Feb 2012 02:20 PM PST

Leading data center solutions provider Equinix Inc. (NASDAQ:EQIX) announced its intention to set up a new 232,000 square foot customer floor space International Business Exchange (IBX) data center (DC11) in Washington, D.C.
The first phase of the IBX, which is scheduled to start operation by 2013, will cost $88.0 million. With a total work area of 42,800 square feet, the first phase of DC11 will accommodate 1,200 cabinets. The subsequent phases will allow the setting up of an additional 1,800 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/sgd Continue To Creep Higher After Second Test On Support.

Posted: 21 Feb 2012 02:18 PM PST

usd/sgd continue to creep higher after second test on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/twd Trading In A Tight Range.

Posted: 21 Feb 2012 02:17 PM PST

usd/twd is trading in this tight range since the beginning of Feb not showing any signals of which direction it wants to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Will IPads Replace TVs In NYC Taxis?

Posted: 21 Feb 2012 09:10 AM PST

02/21/12 New York City residents and visitors could be in for a major tech upgrade soon as the televisions in the back of taxi cabs may soon be replaced with embedded tablets as the city’s Taxi and Limousine Commission is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Scorecard: HCP

Posted: 21 Feb 2012 02:09 PM PST

HCP Inc. (NYSE:HCP), a leading healthcare real estate investment trust (REIT), reported fiscal 2011 fourth quarter recurring funds from operations (FFO) of 67 cents per share, which marginally beat the Zacks Consensus Estimate by a penny. Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income.
We cover below the results of the recent earnings announcement, as well as the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Barrick Profit Up On High Price

Posted: 21 Feb 2012 02:09 PM PST

Barrick Gold Corp.'s (NYSE:ABX) adjusted net earnings rose 15% to $1.17 billion or $1.17 per share in the fourth quarter of 2011 compared with $1.02 billion or $1.02 per share in the prior-year period, missing the Zacks Consensus Estimate of $1.26 per share.
The year-over-year increase in profit was led by higher realized gold prices and increased copper sales volumes. For full-year 2011, adjusted net earnings came in at $4.67 billion or $4.67 per share compared with $3.52 billion or $3.56 per … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Risk-Reward Balanced At Alexion

Posted: 21 Feb 2012 02:09 PM PST

We continue to have a Neutral recommendation on Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN), with a target price of $87.00.
Alexion performed impressively in the final quarter of 2011. The company earned 36 cents in the quarter (on an adjusted basis), beating the Zacks Consensus Estimate by 7 cents and the year-ago adjusted earnings by 14 cents per share. Earnings in the quarter benefited from increased revenues. (Read our full coverage of the earnings report at Alexion Exits 2011 on a Strong … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dow Hits, Then Falls Below Pivotal 13,000 Level

Posted: 21 Feb 2012 09:00 AM PST

02/21/12 The Dow Jones industrial average crossed 13000 for the first time since May 2008, but it didn’t last long as US stocks stumbled into the close … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Medco Posts Strong 4Q, Awaits Merger

Posted: 21 Feb 2012 01:55 PM PST

Medco Health Solutions (NYSE:MHS) reported EPS of $1.08, ($1.14 excluding $43.6 million expenses associated with the pending Express Scripts merger) during the fourth quarter of fiscal 2011, up 22.7% year over year. After adjusting for amortization of intangible assets and merger-related expenses, the company's adjusted EPS stood at $1.25, beating the Zacks Consensus Estimate of $1.17 and 26.3% higher than the year-ago level.
Increased sales combined with 8.3% reduction in number of share … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ViroPharma Reports Encouraging Data

Posted: 21 Feb 2012 01:55 PM PST

ViroPharma Inc. (NASDAQ:VPHM) announced that positive data on Plenadren was recently published in the Journal of Clinical Endocrinology and Metabolism. The drug was approved by the European regulatory body in November last year for use as a treatment for adrenal insufficiency in adults.
The study results demonstrated that patients dosed with Plenadren once daily experienced a better circadian-based serum cortisol profile, lower body weight, lower blood pressure, and improved glucose metabolism, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Astec Beats EPS, Misses Sales

Posted: 21 Feb 2012 01:55 PM PST

Astec Industries Inc. (NASDAQ:ASTE) has reported fourth quarter results, delivering an adjusted EPS of 41 cents versus 28 cents in the year-earlier quarter, beating the Zacks Consensus Estimate of 39 cents.
The earnings per share in the reported quarter excluded charges related to the sale of the utility trencher product line in the Underground segment. The fourth quarter 2010 EPS excluded asset impairment charges. Including these charges, EPS amounted to 35 cents for the fourth quarter of 2011 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Nordstrom Boosts Shareholder Value

Posted: 21 Feb 2012 01:40 PM PST

Nordstrom Inc.'s (NYSE:JWN) robust and better-than-expected fourth quarter results were soon followed by the announcement of plans to return more cash to shareholders. The higher-end fashion retailer has come up with a new share repurchase authorization and has hiked its quarterly dividend.
Nordstrom's board of directors approved a new share repurchase program to buy back shares to the tune of $800 million through February 1, 2014. This new authorization adds to the company's previous share … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Risk, Reward Balance Travelers

Posted: 21 Feb 2012 01:40 PM PST

The Travelers Companies Inc. (NYSE:TRV) continues to benefit from its strong market position and economies of scale. The company spent a higher amount in buying back shares supported by balance sheet strength. It also scores strongly with the credit rating agencies.
However, these positives are somewhat dwarfed by the company's exposure to catastrophe losses and lower net investment income. We thus retain our Neutral recommendation on the company.
Travelers is focused on small and mid-sized … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Macy’s Outpaces, Remains Optimistic

Posted: 21 Feb 2012 01:40 PM PST

Macy's Inc. (NYSE:M), one of the leading department store retailers in the United States, recently posted better-than-expected fourth quarter and fiscal 2011 results on the back of strong holiday season sales, improved operating margin, and effective cost management. The shares of Macy's jumped $1.51 or 4.2% to $37.76 during the pre-market trading session.
The company exited fiscal 2011 with a bang, and we believe it will sustain the same tempo in 2012. The company's relentless endeavors to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Scorecard: Capella

Posted: 21 Feb 2012 01:25 PM PST

The waning economy combined with stringent regulatory environment and falling enrollments are making life tougher for education companies, and Capella Education Company (NASDAQ:CPLA) is no exception. The for-profit education institutions are now restraining from aggressive admission practices amid issues of rising default rates of student loans.
Capella recently reported fourth-quarter 2011 results, and in the following paragraphs we will discuss the recent earnings announcement, subsequent estimate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Arrow Completes TechTurn Buy

Posted: 21 Feb 2012 01:16 PM PST

Arrow Electronics, Inc. (NYSE:ARW) recently completed the acquisition of TechTurn, Ltd. The acquisition was announced in late January.
Headquartered in Austin, Texas, TechTurn is an electronic asset disposition (EAD) services provider which possesses a broad portfolio catering to technology recovery, refurbishing and remarketing services which they globally offer, primarily to major Fortune 500 companies.
The acquisition appears to be a profitable one as TechTurn has been yielding favorable … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gilead’s HCV Drug Suffers Setback

Posted: 21 Feb 2012 01:10 PM PST

Gilead Sciences, Inc. (NASDAQ:GILD) recently announced disappointing results from a phase II trial (ELECTRON) of its pipeline candidate GS-7977, sending its share price down significantly. GS-7977, which was acquired as part of Gilead's $11 billion acquisition of Pharmasset in January 2012, is being evaluated in hepatitis C patients (HCV) infected with genotype I virus in the ELECTRON study.
The study showed that the majority of genotype 1 HCV patients who have not responded to earlier … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

No More Cash Bonus For BofA CEO

Posted: 21 Feb 2012 01:00 PM PST

Bank of America Corporation (NYSE:BAC) CEO Brian Moynihan becomes the latest banking executive to take a pay cut. In the regulatory filings submitted to the Securities and Exchange Commission on Friday, BofA stated that its CEO will not get any cash bonus, and his annual salary of $950,000 will remain the same.
According to the filing, BofA CEO would receive 761,007 as restricted shares, which are worth nearly $5.92 million (based on the closing price of February 15), down approximately 35% from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Quanta Services

Posted: 21 Feb 2012 12:40 PM PST

Quanta Services Inc. (NYSE:PWR) is slated to release fourth-quarter 2011 results on Wednesday, February 22, 2012. The current Zacks Consensus Estimate for fourth-quarter earnings per share (EPS) is 34 cents, representing an annualized growth of 110.83%.  
For 2011, the Zacks Consensus Estimate for earnings per share is 65 cents, reflecting an estimated decline of 14.82%.
Quanta Services' earnings were ahead of the Zacks Consensus Estimate by 4 cents in the last quarter and by 2 cents … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Professor Alan Meltzer’s Three Laws Of Regulation

Posted: 21 Feb 2012 12:32 PM PST

Alan Meltzer's Three Laws of Regulation:

1. Lawyers and bureaucrats regulate, but markets circumvent regulation. 

2. Regulations are static. Markets are dynamic. 

3. Regulation is most effective when it changes the incentives of the regulated.

From a Reason review of Professor Meltzer’s new book “Why … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Boeing Gets More Orders For 777

Posted: 21 Feb 2012 12:30 PM PST

The Boeing Company (NYSE:BA) has received a contract worth $1.5 billion at list prices from Pakistan International Airlines for the delivery of five 777-300ER (extended range) airplanes. The terms of the contract also give purchase rights for five additional 777-300ERs to Pakistan International Airlines.
The Boeing 777 is a long-range, wide-body, twin-engine jet airliner. The 777-300ER extends the 777 family’s span of capabilities, bringing twin-engine efficiency and reliability to the long-range … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Expeditors Fails To Impress In 4Q

Posted: 21 Feb 2012 12:30 PM PST

Expeditors International of Washington Inc. (NASDAQ:EXPD), a third-party logistics provider, saw an earnings decline in fourth quarter 2011. Adjusted earnings of 43 cents per share missed the Zacks Consensus Estimate of 47 cents and deteriorated from 45 cents earned in the year-ago quarter. A lackluster revenue performance across most of its segments was responsible for the drop.
Net income attributable to shareholders declined 4% year over year to $92.8 million in the reported quarter.
However, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Romney 2:1 Favorite Over Santorum For Michigan

Posted: 21 Feb 2012 12:25 PM PST

After dropping to 45% a few days ago, Romney’s current Intrade odds to win the Michigan primary are at about 68%, compared to 35% odds for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Genuine Parts Tops Estimates

Posted: 21 Feb 2012 12:20 PM PST

Genuine Parts Company (NYSE:GPC) revealed a 15% rise in profit to 86 cents per share in the fourth quarter of 2011 from 75 cents per share in the same quarter of 2010. The profit per share exceeded the Zacks Consensus Estimate by 3 cents.
In absolute terms, profits rose 14% to $135 million from $119 million in the fourth quarter of 2010. Sales went up 7% to $3.0 billion, which was in line with the Zacks Consensus Estimate.
Sales in the Automotive segment rose 6% to $1.5 billion, Motion Industries … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wal-Mart Ups Y/Y, Provides Outlook

Posted: 21 Feb 2012 12:06 PM PST

Wal-Mart Stores Inc. (NYSE:WMT) reported fourth-quarter 2012 results of $1.44 per share, surpassing the prior-year earnings by 7.5%. The fourth quarter results were also within the company’s guidance of $1.42 to $1.48 per share. However, the results lagged the Zacks Consensus Estimate by a penny.
In fiscal 2011, Walmart delivered better-than-expected earnings of $4.49 per share, surpassing the Zacks Consensus Estimate by a penny and the year-ago earnings by 42 cents.
Both the fourth-quarter and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Oneok Partner Beats, Aims Higher

Posted: 21 Feb 2012 12:06 PM PST

ONEOK Partners L.P.'s (NYSE:OKS) fourth quarter earnings of $1.26 per unit surpassed the year-ago results of 54 cents by quite a margin. Earnings were also higher than the Zacks Consensus Estimate of $1.03 per unit.
The exceptionally strong performance was driven by volume expansion and positive results from the integrated midstream natural gas and natural gas liquids assets besides contributions from fresh projects.
Fiscal 20111 operating earnings of the partnership were $3.35 per unit versus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The GOP’s Big Investors

Posted: 21 Feb 2012 11:32 AM PST

Have you heard of William Dore, Foster Friess, Sheldon Adelson, Harold Simmons, Peter Thiel, or Bruce Kovner? If not, let me introduce them to you. They're running for the Republican nomination for president.
I know, I know. You think Rick Santorum, Newt Gingrich, Ron Paul, and Mitt Romney are running. They are – but only because the people listed in the first paragraph have given them huge sums of money to do so. In a sense, Santorum, Gingrich, Paul, and Romney are the fronts. Dore et al. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

First The Dutch Pull The Plug On Wind Subsidies, Now Germany Throws In Towel On Solar Subsidies

Posted: 21 Feb 2012 11:30 AM PST

I recently posted about how the Netherlands, the nation known for its iconic windmills, decided to throw in the towel on offshore wind power, as Dutch officials determined the country can no longer afford large scale subsidies for expensive wind turbines that cannot produce electricity at economically competitive prices.

Now there’s news that Germany, the country that once prided itself on being the "photovoltaic world champion" is coming to the same conclusion about subsidizing solar … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Fact Of The Day: Even On Less Than $15,000 Per Year, 56% Of 18-24 Year Olds Have Smartphones

Posted: 21 Feb 2012 11:00 AM PST

MashableTech — “When a twentysomething's budget is tight, her smartphone is far from the first expense to go, suggests a new study from Nielsen. The survey of 20,000 U.S. mobile customers found that smartphone ownership skews toward the young and the wealthy — exactly as you'd expect.  What is more surprising, however, is this nugget: smartphone penetration among young people in the lowest income bracket is higher than it is among older people in the wealthiest bracket. 

Among … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Forex Trading On Wednesday, February 22, 2012

Posted: 21 Feb 2012 04:04 AM PST

By ForexMansion.com

The Trend Trader for Forex
For Trading On Wednesday, February 22, 2012

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0660
− 0.86
1.0729
1.0709

Bearish

EURUSD – Euro / US Dollar
1.3236
− 0.04
1.3206
1.3132

Bullish

GBPUSD – British Pound / US Dollar
1.5777
− 0.44
1.5823
1.5775

Neutral

USDCAD – US Dollar / Canadian Dollar
0.9968
+ 0.36
0.9948
0.9983

Neutral

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

The Trend Trader For Stock Trading On Wednesday, February 22, 2012

Posted: 21 Feb 2012 04:04 AM PST

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Wednesday, February 22, 2012

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
10.41
+ 2.56
10.26
10.21

Bullish

AXP – American Express Company
52.85
− 0.02
52.74
52.52

Bullish

BA – Boeing Co
75.72
+ 0.49
75.36
75.37

Bullish

BAC – Bank of America Corporation
8.11
+ 1.12
8.02
8.00

Bullish

CAT – Caterpillar Inc
115.00
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Wednesday, February 22, 2012

Posted: 21 Feb 2012 04:04 AM PST

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Wednesday, February 22, 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
110.17
− 0.15
110.33
110.42

Bearish

BND – Vanguard Total Bond Market ETF
83.46
− 0.06
83.56
83.62

Bearish

DBC – DB Commodity Index Tracking Fd
29.14
+ 1.57
28.82
28.62

Bullish

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

The Enduring Popularity Of Gold

Posted: 20 Feb 2012 10:00 PM PST

The World Gold Council (WGC) reaffirmed the power of the Love Trade in its 2011 Gold Demand Trends report released this week. Gold demand grew 0.4 percent in 2011 despite a 28 percent year-over-year increase in bullion's average price.
After flirting with the top spot for some time, China emerged as the world's largest gold market for jewelry and investment during the fourth quarter of 2011 as demand in India weakened. This is the first time China's demand outpaced India's in 11 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
at

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