Wednesday, February 15, 2012

DailyMarkets.com - Natural Resource Beats Estimates

DailyMarkets.com - Natural Resource Beats Estimates

Natural Resource Beats Estimates

Posted: 15 Feb 2012 07:55 AM PST

Texas-based Natural Resource Partners L.P. (NYSE:NRP) reported fourth quarter 2011 adjusted earnings of 52 cents per unit, up 33% from the year-ago earnings of 39 cents per unit. This was driven by exclusion of non-cash impairment of $70.4 million for the Gatling Ohio property. The partnership's quarterly earnings were above the Zacks Consensus Estimate of 47 cents. 
Natural Resource Partners' 2011 adjusted earnings were $1.99 per unit compared with $1.54 per unit reported in fiscal 2010. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Highwoods Beats By A Penny

Posted: 15 Feb 2012 07:35 AM PST

Highwoods Properties Inc (HIW) reported FFO (fund from operations) of $53.2 million or 70 cents per share in the fourth quarter of 2011 compared with $46.8 million or 62 cents per share in the year-earlier quarter. Fund 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.
Excluding one-time charges, FFO in the quarter stood at 70 cents per share as opposed to 63 cents per share … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Is A Decline In The Gold/Silver Ratio An Indicator To The Next Price Move For The Precious Metals Sector?

Posted: 15 Feb 2012 07:22 AM PST

Wednesday, February 15, 2012
Some traders who are looking to establish a bullish position in Silver but who wish to have some control over the potential risk on the trade may perhaps want to explore buying out-of-the-money bull call spreads in Silver futures options. For example, with May Silver trading at 33.550 as of this writing, the May 35.00 calls could be bought and the May 37.00 calls sold for 0.570, or $2,850 per spread, not including commissions. The total investment in the spread … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: GBPUSD Tests 100 Day MA At 1.5679

Posted: 15 Feb 2012 07:22 AM PST

Forex Trading: NZDUSD Back In The Non Trending Range

Posted: 15 Feb 2012 07:22 AM PST

Yesterday I wrote a post on the NZDUSD and the non trending range. The price was looking to break below the bottom floor (it did briefly – see red areas in the chart above) but it failed when the price moved back above the 100 and 200 bar hour MAs (blue and green lines) after the better than expected NZ Retail Sales report. That report sent the pair to new highs and above the meat of the non trending range that has been in place over the last 10 or so days (yellow area).
Now the price has … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Ark Restaurants Beats On Solid Comps

Posted: 15 Feb 2012 07:20 AM PST

Ark Restaurants Corp. (NASDAQ:ARKR) reported first quarter 2012 earnings of 31 cents per share, outpacing the Zacks Consensus Estimate of 2 cents as well as the year-ago loss of 6 cents a share. The better-than-expected results were driven by improving same-store sales (comps).
Ark Restaurants reported total revenue of $33.2 million, up 2.1% year over year, attributable to an 8.9% rise in company-wide comps.
The operating income of the company stood at $1.3 million in the reported quarter as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Paul Ryan (R-WI): A Choice Of Two Futures

Posted: 15 Feb 2012 07:17 AM PST

Markets manipulated by the presence of massive infusions of liquidity from central bankers may give the appearance of calm, smooth sailing but under the surface an explosion of epic proportions continues to build.
What is fueling that volcanic eruption?
Chronic deficit spending.
With our fiscal deficit having grown by trillions of dollars over the last few years, make no mistake the withdrawal pains and devastation from this out of control spending WILL be extraordinary. Not might be. WILL be. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

UTHR Misses Expectations

Posted: 15 Feb 2012 07:05 AM PST

United Therapeutics Corp. (NASDAQ:UTHR) reported fourth-quarter earnings of 77 cents per share, well above the year-ago earnings of 23 cents but below the Zacks Consensus Estimate of 87 cents. Higher revenues and lower costs led to the year-over-year improvement in earnings.
Fourth quarter revenues, which increased 19.2% to $195.2 million, missed the Zacks Consensus Estimate of $204 million. Lighter-than-expected revenues were attributed to fluctuations in ordering patterns.
Full year earnings came … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Why Europe Still Matters

Posted: 15 Feb 2012 06:50 AM PST

We have a busy economic calendar on the home front today, but initial trading action will likely reflect optimism on the European situation following favorable comments from China about its plans to invest in Europe. We also have fourth quarter GDP numbers for the Euro-zone region, which shows that the French and German economies did modestly better than expected. But the overall outlook for the region's economy is fairly grim.
The domestic economic reports on deck for release today include … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Lower Enrollment Hurts Capella

Posted: 15 Feb 2012 06:50 AM PST

Capella Education Company (NASDAQ:CPLA), the provider of online education, recently delivered fourth-quarter 2011 earnings of 91 cents a share that dropped 16.5% from $1.09 earned in the prior-year quarter due to fall in students' enrollment. On a reported basis, including one time items, earnings came in at 85 cents, down 22% from the year-ago quarter. The Zacks Consensus Estimate for the quarter was 91 cents.
Behind the Headline
Total active enrollment dropped 4.5% to 37,704 during the quarter. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Willis Disappoints In Q4

Posted: 15 Feb 2012 06:35 AM PST

Willis Group Holdings plc (NYSE:WSH) reported fourth-quarter 2011 adjusted net income from continuing operations of 46 cents per share, a penny lower than the Zacks Consensus Estimate. Results were 19.3% below 57 cents earned in the year-ago quarter. Adjusted net income from continuing operations was $81 million, down 17.3% from $98 million in the prior-year quarter.
The lower numbers resulted from lower commissions and fees and investment income coupled with higher expenses.
Adjusting for an … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Market News Briefs: Alnylam Pharmaceuticals, E.I. Du Pont De Nemours And Company, Fidelity National Information Services, Goodyear Tire & Rubber Company, Insight Enterprises, Seattle Genetics, Yingli Green Energy Holding Company Limited

Posted: 15 Feb 2012 06:30 AM PST

    Share prices of payment processor Fidelity National Information Services (NYSE:FIS) gained 7.03% after the company’s quarterly profit came in above expectations. Separately, the company also raised its dividend for the year

    Shares of Insight Enterprises Inc. (NASDAQ:NSIT) advanced 15.92% to close at $21.99 after the global information technology provider’s  fourth-quarter profit surged 39% to $34.7 million

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

Empire State Manufacturing Expands In February

Posted: 15 Feb 2012 06:24 AM PST

“The February Empire State Manufacturing Survey indicates that manufacturing activity in New York State expanded for a third consecutive month. The general business conditions index rose six points to 19.5, its highest level in more than a year (see brown line in graph). The index was last negative in October, then rose to a level of around zero in November; subsequently, the readings have become increasingly positive, suggesting that the expansion in business activity for New York … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Weak Revenues Pull Down Actelion

Posted: 15 Feb 2012 06:20 AM PST

European biotechnology company Actelion Ltd. (ALIOF) reported fourth quarter loss of 10 cents per American Depository Receipt (ADR), substantially below prior-year earnings of 13 cents per ADR. The poor bottom-line performance emerged from weak product sales in the quarter due to pricing pressure in Europe and competitive pressures in the US. Weak margins due to a negative currency impact also led to the shortfall. The bottom-line also fell significantly short of the Zacks Consensus Estimate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

J2 Global Underperforms

Posted: 15 Feb 2012 06:06 AM PST

j2 Global Inc. (NASDAQ:JCOM) reported weaker-than expected fourth-quarter 2011 financial results yesterday, after market close. However, the board of directors of j2 Global has raised its quarterly dividend by 2.4% from 20.5 cents per share to 21 cents per share and authorized a share buy back program to repurchase 5 million of common shares of j2 Globalthe company within February 20, 2013.
Quarterly GAAP net income came in at $29.8 million or 62 cents per share compared with $26.9 million or 58 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Valspar Beats Estimate

Posted: 15 Feb 2012 05:50 AM PST

The Valspar Corporation (NYSE:VAL) reported first-quarter 2012 earnings of 62 cents per share, surpassing the Zacks Consensus Estimate of 48 cents. Results also came in better than earnings of 39 cents in the year-ago quarter. Considering restructuring charges of 4 cents per share in the quarter and 5 cents per share related to acquisition in year ago quarter, earnings came in at 58 cents per share versus 34 cents in the year-ago quarter.
Revenues
Quarterly sales jumped 5.1% year over year to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

American Capital Beats Estimates

Posted: 15 Feb 2012 05:35 AM PST

American Capital Ltd.'s (NASDAQ:ACAS) fourth-quarter 2011 operating income of 24 cents per share outpaced the Zacks Consensus Estimate by 4 cents. Moreover, the results outshined the prior-year quarter's earnings by 5 cents per share. The favorable outcome was due to a rise in fee and interest and dividend income in the quarter.
Including deferred tax benefit of $428 million, net operating income for the quarter was $229 million, or 67 cents per share, significantly up from $67 million or 19 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Masimo Matches EPS, Profit Dips

Posted: 15 Feb 2012 05:25 AM PST

Masimo Corporation (NASDAQ:MASI), a leader in non-invasive monitoring technology for patient care, recorded fourth quarter and fiscal 2011 earnings per share of 23 cents and $1.05, respectively, matching the corresponding Zacks Consensus Estimates but missing the year-ago earnings per share of 29 cents and $1.03, respectively. Reported profit dipped 14.2% year over year to $13.8 million.  
Revenues
Sales for the quarter were up 6% year over year to $112.3 million, beating the Zacks … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EURUSD Moves Back To Unchanged On Greece. NZDUSD Benefits From Better Sales Data

Posted: 15 Feb 2012 05:18 AM PST
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