Monday, February 6, 2012

DailyMarkets.com - Panache Beverage Has A Unique Business Model

DailyMarkets.com - Panache Beverage Has A Unique Business Model


Panache Beverage Has A Unique Business Model

Posted: 06 Feb 2012 11:55 AM PST

Panache Beverage has a Unique Business Model  
Ken Nagy, CFA

Panache Beverage Inc. (WDKA) is an alcoholic beverage company that specializes in the development, global sales, and marketing of spirits brand.  The Company follows a "build and exit" business model in which its brands are "built" or developed into attractive acquisition candidates for large global alcoholic beverage companies. As these brands mature, Panache aims to sell these brands individually while continuing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Scorecard: Zimmer

Posted: 06 Feb 2012 11:50 AM PST

The announcement of Zimmer Holdings' (NYSE:ZMH) fourth quarter and fiscal 2011 results as on January 26, 2012, has led analysts to revise their estimates lower for the first quarter of fiscal 2012. The scenario, however, improves for the second half and onwards.
Previous Quarter Highlights
Zimmer reported an adjusted EPS of $1.36 during the fourth quarter of fiscal 2011, up 7.1% year over year and a couple of cents ahead of the Zacks Consensus Estimate. During the reported quarter, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Preview: Becton, Dickinson

Posted: 06 Feb 2012 11:40 AM PST

Becton, Dickinson and Company (NYSE:BDX) is slated to report first-quarter fiscal 2012 results before trading opens on February 7. The current Zacks Consensus Estimate for the quarter is $1.17, representing an estimated year-over-year decrease of 13.6%. 
Fourth-Quarter Recap
Becton Dickinson reported fourth-quarter fiscal 2011 earnings of $1.39 per share, matching the Zacks Consensus Estimate while beating the year-ago earnings of $1.24. Total revenues increased 9.5% year over year (4% in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings: Better, But Still Not Good

Posted: 06 Feb 2012 11:40 AM PST

Third quarter earnings season was a good one, unfortunately we may not be able to say the same about the fourth quarter.  We got off to a very weak start, and while the last week was better, it just pushed the season from being very poor to mediocre at best.  

So far 290, or 56.0% of the firms have reported.  However, assuming that all the remaining firms report exactly in line with expectations, then 72.8% of all earnings are in.  Normally, when all is said and done, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Preview: ValueClick Inc.

Posted: 06 Feb 2012 11:25 AM PST

ValueClick Inc. (NASDAQ:VCLK) is scheduled to release its fiscal fourth quarter 2011 earnings after the closing bell on February 7, 2012. In the run up to the earnings release, we do not notice any changes in analyst estimates.
Recap of third quarter
ValueClick's third quarter bottom line stormed past Zacks Consensus Estimate, while the top line came in line with the Zacks Consensus Estimate. Nonetheless, the top-line was ahead of management's guided range of $128.0-$130.0 million.  The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: EURJPY Down And Up Session

Posted: 06 Feb 2012 11:18 AM PST

The EURJPY fell for the 1st half of the day, retraced 38.2% but when the 100 hour MA (blue line in the chart above) held, that opened the door for buying. That buying has pushed the price up toward the 200 hour MA where selling against 100.63 has kept a lid on the gain (at 100.59).  The price has since rotated lower and remains between the two moving average levels – the 100 hour MA below at 100.12 and the 200 hour MA at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: EURUSD Back Down Testing The 100 And 200 Hour MA At 1.3123

Posted: 06 Feb 2012 11:17 AM PST

The EURUSD has closed the last 2 hourly bars above the 100 and 200 hour MA level (blue and green line). The price is below the levels now (at 1.3123) and looks toward a break of the midpoint of the move from Friday's high to the low today for confirmation of more selling interest.  A close on the hour above the 1.3123 will discredit the move lower. Market liquidity is limited in afternoon trading so be aware. Other key levels below include the 1.3094-98 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Preview: Life Technologies

Posted: 06 Feb 2012 11:15 AM PST

Global biotechnology company, Life Technologies (LIFE) is scheduled to report its fourth quarter and fiscal 2011 results on Tuesday, February 7, 2012, after market close. The company is expected to earn EPS of $1.03 on revenues of $965 million during the quarter and $3.70 on revenues of $3,734 million during the fiscal, according to the Zacks Consensus Estimate.
With respect to earnings surprises, over the trailing four quarters, Life Technologies surpassed the Zacks Consensus Estimate twice … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Rogoff:“Incredibly Cynical About Governments”

Posted: 06 Feb 2012 10:55 AM PST

I first referenced Kenneth Rogoff here at Sense on Cents in early 2009.
As I navigate the global economic landscape I look for this Sense on Cents Economic All Star often. Why?
I ALWAYS learn something when I read Rogoff's work and I love the way he thinks. On that note, I got a real pleasure this weekend in reading Lunch with the FT: Kenneth Rogoff. Let's navigate………
A few days ago I wrote "Administration Officials Don't Really Want Housing Program to Work", and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Downward Mobility Of The American Middle Class, And Why Mitt Romney Doesn’t Know

Posted: 06 Feb 2012 10:51 AM PST

January's increase in hiring is good news, but it masks a bigger and more disturbing story – the continuing downward mobility of the American middle class.
Most of the new jobs being created are in the lower-wage sectors of the economy – hospital orderlies and nursing aides, secretaries and temporary workers, retail and restaurant. Meanwhile, millions of Americans remain working only because they've agreed to cuts in wages and benefits. Others are settling for jobs that pay less than … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Preview: Emerson Electric Company

Posted: 06 Feb 2012 10:50 AM PST

Emerson Electric Company (NYSE:EMR) is scheduled to report its first quarter 2012 results on Tuesday February 7, 2012. The current Zacks Consensus Estimate for the quarter is 50 cents a share. For the quarter under review, revenue is $526 million, according to the Zacks Consensus Estimate.
Fourth-Quarter 2011, a Synopsis
Emerson Electric Company reported fourth-quarter fiscal 2011 earnings per share from continuing operations of 98 cents, a penny above the Zacks Consensus Estimate of 97 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Preview: Sprint Nextel

Posted: 06 Feb 2012 10:35 AM PST

The third-largest U.S. wireless carrier Sprint Nextel Corp. (NYSE:S) is slated to release its fourth quarter and fiscal 2011 earnings on February 8, before the opening bell. The current Zacks Consensus Estimate for the fourth quarter is pegged at a loss of 38 cents, representing a year-over-year decline of 30.46%.
For fiscal 2011, the Zacks Consensus Estimate is 90 cents, representing a year-over-year increase of 22.92%.
Looking at surprises, Sprint had average positive surprise of 45.46% in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Markets In Everything: Virtual Retail Clinics

Posted: 06 Feb 2012 10:29 AM PST

American Medical News — “When patients walk into a NowClinic at any one of nine Detroit-area Rite Aid pharmacies, they can choose among multiple physicians to see about what’s ailing them. Not see in person. See on a computer monitor.

What’s going on at these Rite Aids is a merger of multiple trends focused on providing more convenience to patients than, presumably, a physician’s office can deliver. Neither telemedicine nor retail clinics are new — but combining them is.

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


Equity Bulls Rejoice On Strong NFP Report

Posted: 06 Feb 2012 10:19 AM PST

Monday, February 6, 2012
The E-mini S&P 500 futures have continued their bullish move, breaking out to the upside and now within range of testing the 2001 high of 1373.50. However, some technical factors may be suggesting a near-term price correction is well overdue. The 14-day RSI has moved well into overbought territory, and trading volume on the rally has been moderate at best. In addition, CBOE Volatility Index (VIX) has fallen to levels where we have seen downside corrections take … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


National Oilwell Eyes Danish Firm

Posted: 06 Feb 2012 10:05 AM PST

National Oilwell Varco, Inc. (NYSE:NOV) announced plans to buy Denmark based NKT Flexibles I/S (“NKT”). For the acquisition, National Oilwell will shell out approximately $670 million or 3.8 billion Danish Kroner in cash.
Danish company NKT Holding and Norwegian firm Subsea 7 S.A., having a respective interest of 51% and 49%, formed NKT Flexibles that designs and produces flexible pipe products and systems for the offshore oil and gas industry.
NKT Flexibles also manufactures products related to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Another Deal Win For Accenture (revised)

Posted: 06 Feb 2012 10:00 AM PST

Management and technology consulting major Accenture plc (NYSE:ACN) announced a deal  with 12 southeast Minnesota counties for the development of a human services delivery model focused on shifting them from a county-based to a regional approach. This is partially funded by the Bush Foundation.
Accenture would be instrumental in laying out a strategic plan, including the business case, redesigned operating model and implementation roadmap for the development of a multi-county framework for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Target’s Sales Beat

Posted: 06 Feb 2012 09:55 AM PST

Recently, Target Corporation (NYSE:TGT), the operator of general merchandise and food discount stores in the United States, posted better-than-expected sales results for the four-week period ended January 28, 2012, outshining the analysts' expectation of an increase of 2.1%.
Moreover, this also compared favorably with the prior-year period as Target registered an increase of 4.3% in comparable store sales for January 2012 compared with a rise of 1.7% in the prior-year period. Year-to-date, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


American Axle Sees Flat Profits

Posted: 06 Feb 2012 09:35 AM PST

American Axle and Manufacturing Inc. (NYSE:AXL) posted a profit of $35.9 million or 47 cents per share (before special items) in the fourth quarter of 2011, which was flat compared with the year-ago level of $34.9 million or 47 cents per share. However, the company has beaten the Zacks Consensus Estimate of 39 cents per share during the quarter.
Net sales in the quarter rose 4% to $605.6 million from $583.3 million in the fourth quarter of 2010. Gross profit in the quarter was $105.7 million or … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Hasbro Misses On Rev, EPS In Line

Posted: 06 Feb 2012 09:30 AM PST

Hasbro Inc. (NYSE:HAS) has reported fourth quarter 2011 earnings per share of $1.06, which was in line with the Zacks Consensus Estimate of $1.06 but higher than 99 cents earned in the year-earlier quarter. In full-fiscal 2011, earnings were $2.82 per share versus $2.74 in 2010.
Hasbro's net revenue of $1,329.3 million grew 4.0% from the year-ago quarter but lagged the Zacks Consensus Estimate of $1,336.0 million. Foreign exchange had an unfavorable impact of $13.3 million. Continuous … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: USDCHF Falls After Breaking Intraday Support

Posted: 06 Feb 2012 09:21 AM PST

The USDCHF fell below the 100, then 200 bar MA  on the intraday chart above, and that seems to have ignited stop selling. The price is testing the 50% of the move up from Friday's low. That level comes in at the 0.91925. Below that is the 200 hour MA at the 0.9187  level.  So good … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: EURUSD Closed Friday At 4 PM At 1.3145

Posted: 06 Feb 2012 09:21 AM PST

This level is being … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Humana Lags On Employer Group Loss

Posted: 06 Feb 2012 09:05 AM PST

Humana Inc.'s (NYSE:HUM) fourth-quarter operating earnings came in at $1.12 per share, lagging the Zacks Consensus Estimate of $1.20 and the year-ago earnings of $1.14. The fourth quarter earnings of $294 million was also below the year-ago earnings of $310 million.
The earnings decline was attributable to the pretax loss in the company's Employer Group business segment, which was partially offset by higher year-over-year earnings in the Humana's Retail and Health and Well-Being Services … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Dollar Jumps, Euro Dips On Greek Concerns

Posted: 06 Feb 2012 09:00 AM PST

02/06/12 The dollar creeped higher Monday as Greece struggled to agree on new bailout terms while already pushing discussions past the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


General Dynamics Gets IT Contract

Posted: 06 Feb 2012 08:58 AM PST

General Dynamics Corporation (NYSE:GD) was awarded a contract by the U.S. Department of Defense’s Defense Information Systems Agency ('DISA') to provide information technology ('IT') services in support of the Omnibus Network Enterprise ('ONE') program. This five-year, multiple-award, indefinite delivery, indefinite quantity contract has a potential value of $476 million.
Per the contract, General Dynamics will provide IT services and support to a variety of U.S. government customers … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


CACI’s Record 2Q, Guidance Raised

Posted: 06 Feb 2012 08:40 AM PST

CACI International Inc. (CACI) reported pro forma net income of $41.1 million or $1.51 per diluted share in its second quarter financial results of fiscal 2012, compared to $32.9 million or $1.06 per diluted share in the previous year period. This comprehensively beat the Zacks Consensus Estimate of $1.39 per share.
Revenues
Pro forma revenues came in at $973.2 million, up 12.2% year over year and 5.3% sequentially. Contract funding orders in the quarter were $605 million, rising 17% year … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


PKX Reports 4Q; Outlook Impressive

Posted: 06 Feb 2012 08:30 AM PST

Korean steel maker, POSCO(NYSE:PKX) reported its fourth quarter and fiscal year 2011 financial results on February 3, 2012. The company's fiscal year net income plummeted 11.6% year over year to KRW 3,700 billion or KRW 42,406.9 per share (US$9.59 per ADR).
Revenue
POSCO reported consolidated revenue of KRW 68,939 billion (US$62.3 billion) in the fiscal year 2011, reflecting an increase of 44% year over year, driven by solid finished product sales, especially to shipbuilders and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Kohl’s Comps Climb In January

Posted: 06 Feb 2012 08:20 AM PST

Same-store sales at Kohl's Corporation (NYSE:KSS) rebounded from December's downfall as it  went up 0.6% in the four-week period ended January 28, 2012. However, same store growth was slower in January compared with an increase of 1.4% in the year-ago period. Nonetheless, on a year-to-date basis, same-store sales increased 0.5% in January 2012.
Strong management measures helped the company achieve the expected sales in the month. On the other hand, same-store sales at Kohl's upscale … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: USDCAD Ignores The Better Data.

Posted: 06 Feb 2012 08:18 AM PST

The Canada Ivey PMI index moved higher to 64.1 from 63.5 and much higher than expectations. Yet despite the better data, the USDCAD had moved sharply to the upside.  The move higher took the price back above the 100 hour MA at the 0.9963 level and up to test the midpoint of the days range.
The trading today seems to still be controlled by shorter term traders who are quick to cover.  On the move to the downside off the better data, the price fell briefly below the 200 day … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: EURUSD Pops Higher . Test 50% Of The Range And 100 And 200 Hour MA

Posted: 06 Feb 2012 08:18 AM PST

The 100 and 200 hour MA are converged at the 1.3122 level. I would expect sellers against this area.

There is no news to account for the sharp move higher.
The move higher did breach the 50% of the move down from late Friday's high. That level came in at the 1.3098 level. This was an earlier high for the day and stops seems to have been triggerer on the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Employment Trends Index Gains In January

Posted: 06 Feb 2012 07:56 AM PST

“The Conference Board Employment Trends Index (ETI) increased 0.73% in January to 105.81, from 105.04 in December (see chart above). The January figure is also up 5.9 percent from the same month a year ago.

"The Employment Trends Index has been improving rapidly for four straight months, suggesting somewhat more robust job growth is likely to continue in this quarter," says Gad Levanon, Director of Macroeconomic Research at The Conference Board. "Beyond that we still remain cautious. We … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Oil Prices Slide Below $97

Posted: 06 Feb 2012 07:00 AM PST

02/06/12 Front month crude prices started the week in the red as a decline in the euro on Greek austerity talk concerns kept investors shying away from higher-yielding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Euro Worst Performer As Greece Tip Toes Around Another Deadline

Posted: 06 Feb 2012 06:48 AM PST

Fundamental Headlines
• Investors Fearful as Stock Rally Best since 1987 – Bloomberg
• Time is Running Out for Greece as Leaders Haggle – Bloomberg
• China Growth Could Halve if Europe Crisis Worsens: IMF – Reuters
• IMF Urges Beijing to Ready Bold Moves – WSJ
• Italian, French Bonds Trade Higher – WSJ
European Session Summary
Higher yielding currencies and risk-correlated assets pared back some of their gains from Friday, as expected given the technical overextension of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stocks Pull Back On Greek Worries

Posted: 06 Feb 2012 01:15 AM PST

02/06/12 Global stocks started the week in the red as Greek austerity measure talks continue past its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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