Tuesday, March 27, 2012

DailyMarkets.com - Another Aloft Goes Up In California

DailyMarkets.com - Another Aloft Goes Up In California


Another Aloft Goes Up In California

Posted: 27 Mar 2012 04:10 PM PDT

Aloft, one of the new lifestyle brands of Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) is set to unveil a property in Cupertino, California in early 2013. The upcoming property will mark the third Aloft opening in California and the second in Silicon Valley. The hotel will feature 123 guest rooms along with numerous tech-savvy amenities.
Starwood set a new trend in hotel designs with its Aloft and has spread its operations globally with more than 55 hotels it has opened since its launch … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Tenet Receives Unfavorable Ruling

Posted: 27 Mar 2012 04:00 PM PDT

A U.S. district court dismissed a lawsuit filed by Tenet Healthcare Corp. (NYSE:THC) against rival healthcare company Community Health Systems Inc. (NYSE:CYH) with prejudice, as it lacked a proper legal standing. A lawsuit rejected with prejudice prevents the company from re-filing the case in another court.
Earlier, in April last year, Tenet filed a lawsuit against Community Health seeking damages incurred during the failed takeover attempts by Community Health. The charge also included certain … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


BMW Zooms To Recall 1.3 Mln Cars

Posted: 27 Mar 2012 03:58 PM PDT

03/27/12 BMW is recalling 5 series vehicles built between June 1, 2003, and March 31, 2010, and 6 series automobiles produced between September 1, 2003, and July 31, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Neutral On Amphenol

Posted: 27 Mar 2012 03:40 PM PDT

While Amphenol Corporation (NYSE:APH) is convalescing in most of its end-market segments and is making incipient headways in attaining its long-term targets, certain lingering downsides still pose a threat to the stock. Hence, we retain our Neutral recommendation on Amphenol.
Amphenol has an impressive cost-cutting and labor productivity maximization strategy which also bolsters its multi-national image in the global economy. With manufacturing units in countries like China, Mexico, India, etc, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Illumina Hostile To Roche Bid

Posted: 27 Mar 2012 03:35 PM PDT

In response to the recent extension of Roche Holdings' (RHHBY) acquisition bid for Illumina (NASDAQ:ILMN), the latter urged its shareholders to decline the offer as it considers this offer to be grossly inadequate.
In its second request letter, Illumina precisely explained its current prominent position in the genomics and DNA sequencing technology industry with superior operational performance and financial success, which the company believes is worth more than the Roche offer. Currently, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


A Potential Threat To JDS Uniphase

Posted: 27 Mar 2012 03:20 PM PDT

In synergy with the recent consolidation trend of the broader telecommunications industry, the optical component manufacturing segment has started witnessing a consolidation trend. Yesterday, optical gear maker Oclaro Inc. (OCLR) announced that it has entered into an agreement to acquire its peer Opnext Inc. (NASDAQ:OPXT) for a total consideration of approximately $176 million. We believe the proposed acquisition may act as a major threat for relatively bigger player of the industry, such as JDS … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Durable Goods Highlight Midweek Calendar

Posted: 27 Mar 2012 03:20 PM PDT

03/27/12 The US economic calendar brings the release of durable goods orders on Wednesday. GDP figures will be coming out in the UK and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Neutral On Dr Pepper Snapple

Posted: 27 Mar 2012 03:10 PM PDT

We have maintained a Neutral rating on Dr Pepper Snapple Group Inc. (NYSE:DPS) following appraisal of fourth quarter and fiscal year 2011 results.
Dr Pepper reported fourth-quarter 2011 earnings of 82 cents per share, up 22.4% from the year-ago earnings of 67 cents per share. The company's quarterly earnings also surpassed the Zacks Consensus Estimate of 74 cents per share.
During the quarter, Dr Pepper’s net sales grew 3% year over year (4% excluding the impact of foreign exchange) to $1.46 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Wyndham Reiterated At Neutral

Posted: 27 Mar 2012 03:05 PM PDT

We are maintaining our long-term Neutral recommendation on Wyndham Worldwide Corporation (NYSE:WYN) on the back of solid fourth-quarter 2011 results, strong international market, increased earnings outlook for fiscal 2012 and a 53% hike in quarterly dividend. However, economic uncertainty in Europe, increased competition and currency fluctuations remain major headwinds for the company.
Wyndham reported fourth quarter 2011 adjusted earnings of 47 cents per share, which surpassed the Zacks Consensus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Trade Ideas For March 28

Posted: 27 Mar 2012 03:03 PM PDT

( click to enlarge )

E Commerce China Dangdang Inc (DANG) waiting for a break above the 8.55 level for a long position. The stock is up against a lateral resistance level and expected to break out. DANG just turned bullish on charts. The stock closed above its 200-day MA with high volume. MACD is positive and above the signal line. RSI is also moving up and above its 50% level. For Short Term, accumulate the stock below 8 for a target of around 10. DANG has very strong support at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Hercules Stays On The Sidelines

Posted: 27 Mar 2012 02:50 PM PDT

We have maintained our long term Neutral recommendation on Hercules Technology Growth Capital (NASDAQ:HTGC) on the back of its fourth-quarter results as well as its stable capital and liquidity positions. Also, we believe that the company will continue to gain from the increased market demands for venture capital investments.
However, Hercules' weak investment and credit management strategies, ongoing capital market disruption and the sluggish economic recovery remain the causes of concern. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Is ALICO MetLife’s Oxygen?

Posted: 27 Mar 2012 02:35 PM PDT

Yesterday, Standards & Poor's Ratings (S&P) assigned the credit ratings to MetLife Inc.'s (NYSE:MET) subsidiary – American Life Insurance Co. (ALICO), which highlighted its strong capital and debt profile. MetLife had acquired ALICO from American International Group Inc. (NYSE:AIG) in November 2010.
MetLife Flies on ALICO Japan Wing
S&P rendered a long-term financial strength rating (FSR) of "A+" on MetLife ALICO's Japan wing, along with a short-term counterparty credit rating … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Will Your Mailman Soon Be Retiring?

Posted: 27 Mar 2012 09:30 AM PDT

03/27/12 In an attempt to stem its financial crisis, Postmaster General Patrick Donahoe’s announced incentives Tuesday that will be offered to some 150,000 USPS employees eligible to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Glimcher Realty Offers Shares

Posted: 27 Mar 2012 02:25 PM PDT

Glimcher Realty Trust (NYSE:GRT) recently announced that it has priced 20 million shares for approximately $9.90 per share. Glimcher Realty also plans to offer a 30-day option to the underwriters for purchasing additional 3000,000 shares.
The company expects to utilize the net proceeds from this offering to fund the acquisition of 80% indirect ownership interest in Pearlridge Center in Honolulu, Hawaii from an affiliate of Blackstone Real Estate Partners VI and for other general corporate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


EQY Accredited For Key Transactions

Posted: 27 Mar 2012 02:25 PM PDT

Equity One Inc. (NYSE:EQY), a real estate investment trust (REIT) that owns, manages and develops neighborhood and community shopping centers in the U.S., has recently been accredited for two key transactions that improved the overall quality of its portfolio and extended its footprint in two of the most vital markets in the country – New York and San Francisco.
The San Francisco Business Times awarded Equity One with 'The Retail Deal of the Year' for the $600-million acquisition of Capital … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Williams Gets Venezuela Asset Price

Posted: 27 Mar 2012 02:20 PM PDT

Williams Companies (NYSE:WMB) announced that it will receive a total payment of $312 million from Venezuela’s state-run oil company – Petroleos de Venezuela SA or PDVSA – for the assets of the joint ventures – WilPro Energy Services (El Furrial) Limited and WilPro Energy Services (PIGAP II) Limited.
Under the industry nationalization program that began in 2007, PDVSA had seized the gas compression and treatment properties in 2009.
An initial payment of $84 million in cash was made to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Rent-A-Center In Rocky Mount

Posted: 27 Mar 2012 02:15 PM PDT

Rent-A-Center Inc. (NASDAQ:RCII), the largest rent-to-own operator in the U.S, leverages an extensive network of stores to effectively penetrate into its target markets, which in turn, facilitates the company to genetare healthy sales and gain a competitive advantage over its competitors.
Following its rationale, Rent-A-Center, which competes with Aaron's Inc. (AAN) and Advance America, recently announced the opening of its new store in Rocky Mount, Virginia. The company through its latest … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Avnet Acquires Ascendant Technology

Posted: 27 Mar 2012 02:05 PM PDT

Avnet, Inc. (NYSE:AVT) recently announced that the company will acquire Ascendant Technology LLC in a move to accelerate its global solutions distribution model.
Incorporated in 2003, Ascendant Technology provides IT services with operations in North America, Europe, Brazil and India,
In particular, the company specializes in developing end-to-end IBM solutions which enable organizations to optimize their investments in information technology and thereby achieve the desired business … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Groupon Buys FeeFighters

Posted: 27 Mar 2012 02:00 PM PDT

Chicago-based Groupon Inc. (GRPN) took over FeeFighters, a startup that provides online payment services and comparison shopping for credit card processors, Forbes reported last week. Financial terms of the deal were not disclosed.
FeeFighters helps small businesses to calculate and compare the fees charged by various credit card processors and also offers other services like its own payment gateway, Samurai. The FeeFighters calculator can be used by businesses to compare fees based on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Balanced View Of T. Rowe Price

Posted: 27 Mar 2012 02:00 PM PDT

We maintain our Neutral recommendation on T. Rowe Price Group Inc. (NASDAQ:TROW) based on the company's steady profit trend. Moreover, the company's fourth-quarter earnings surpassed the Zacks Consensus Estimate, and outshined the prior-year quarter's earnings.
Although the global financial crisis has led to a decline in growth metrics, the company has been able to sustain positive earnings throughout the critical period. This positive operating leverage was helped by strong brand, consistent … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


‘Surreal’

Posted: 27 Mar 2012 01:57 PM PDT

It’s a good thing Fed Chairman Ben Bernanke, the man who saved our economy, is in charge. Otherwise I might be a bit concerned about these three (and many other) bailouts-in-the-making:
“FHA Bailout Risk Looming Larger After Guarantee Binge: Mortgages” (Bloomberg)
The Federal Housing Administration won't be able to earn its way to financial health this year, increasing the chance it will need a taxpayer bailout, based on an updated forecast from Moody's Analytics, which provides the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Raven Hikes Dividend

Posted: 27 Mar 2012 01:50 PM PDT

Raven Industries Inc. (NASDAQ:RAVN) announced that its board of directors has approved a 17% increase to its regular quarterly dividend. This is the 26th consecutive enhancement in its dividend payment.
Raven will now pay 21 cents per share to its shareholders, 3 cents more than the prior dividend of 18 cents per share. The increased dividend will be paid on April 25, 2011, to shareholders of record as on April 10, 2011.
Raven has a long history of hiking dividends. The current hike comes exactly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Deutsche Bank Lawsuit Costs $32.5M

Posted: 27 Mar 2012 01:50 PM PDT

Deutsche Bank Ag (NYSE:DB) has resolved a lawsuit related to the mortgage backed securities that were sold to investors prior to the U.S. Housing market crisis, according to a Reuters report. The company is said to have misled investors regarding the risk profile of these securities. Deutsche Bank will pay $32.5 million for settling the lawsuit.
The settlement now awaits the approval of the U.S. District Judge. Preliminary papers were filed in a federal court in New York, yesterday. Notably, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Scorecard: Nike Inc.

Posted: 27 Mar 2012 01:50 PM PDT

Global leader in sports equipment and apparel, Nike Inc. (NYSE:NKE) posted robust third-quarter 2012 earnings results backed by a strong demand scenario for Nike brands, lower selling and administrative expenses and lower share count. The strong results also reflected revenue upside in all of the company's brands including Converse, Hurley, NIKE Golf and Umbro, except Haan, which remained flat.
The company's quarterly sales and earnings easily surpassed the Zacks Consensus Estimate. Further, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Neutral On United Technologies

Posted: 27 Mar 2012 01:50 PM PDT

We are reaffirming our Neutral recommendation on United Technologies Corp (NYSE:UTX). The company delivered a strong performance in the fourth quarter of 2011, driven by growth for Carrier. Furthermore, the company generated strong cash flow during the latest reported quarter.
In addition, the acquisition of Goodrich during the third quarter is also expected to boost revenues in fiscal 2012. UTX also made changes to its business portfolio during the quarter to help serve its customers better and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stocks Ease As Consumer Confidence Fails To Impress

Posted: 27 Mar 2012 08:30 AM PDT

03/27/12 Major stock indexes dipped Tuesday as weak readings on consumer confidence gave investors little reason to extend the recent … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Reliance Steel To Buy Vonore Plant

Posted: 27 Mar 2012 01:25 PM PDT

Reliance Steel & Aluminum Co. (NYSE:RS) announced that it will acquire all the assets of Worthington Steel Vonore, Tennessee plant, a processing facility owned by Worthington Industries Inc. The Vonore plant will operate as a unit of Reliance Steel's wholly-owned subsidiary, Precision Strip Inc. The terms of the deal, which is expected to close in a month, were not disclosed.
The Vonore plant will process and deliver metals, including carbon steel, aluminum and stainless steel on a toll … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bearish On Ultra Petroleum’s Future

Posted: 27 Mar 2012 01:06 PM PDT

Shares of Ultra Petroleum Corp. (NYSE:UPL) are currently trading close to its 52-week low of $22.51. The natural gas producer has seen its share price fall more than 30% since the beginning of December last year, as investors have been selling the stock for its weak fundamentals and tepid outlook. The disappointing fourth quarter results have added to this bearishness.
Houston, Texas-based Ultra Petroleum is an energy firm engaged in the acquisition, development, exploration and production of oil … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


ASA Staffing Index Highest SInce 2008 For Week 12

Posted: 27 Mar 2012 01:02 PM PDT

The American Staffing Association reported today that its weekly Staffing Index of temporary and contract employment increased to a year-to-date high of 89 for the week ending March 18, which was almost 5% above the year-ago level and about 1% above the previous week.  For Week 12, it was the highest reading since 2008 (see chart above), and just slightly below the comparable week in 2007.  As a leading indicator of future, broader-based labor demand, the upward trend in the Staffing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


CPKF: Raising 2012 Estimate And Target Price

Posted: 27 Mar 2012 12:55 PM PDT

CPKF: Raising 2012 Estimate and Target Price
Ann Heffron, CFA

Chesapeake Financial Shares, Inc. (CPKF) reported 2011 fourth quarter net earnings of $1.6 million, or $0.49 per diluted share, up 57% from the $1.0 million, or $0.31 per diluted share posted in the year-ago quarter. This compares to our fourth quarter estimate of $0.33.

There were a number of variances from our estimate. On the positive side, the loan loss provision was $0.2 million, $0.3 million lower than our estimate of $0.5 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Dow Launches R&D Center In Seoul

Posted: 27 Mar 2012 12:55 PM PDT

Chemical giant The Dow Chemical Company (NYSE:DOW) recently launched its global research & development (R&D) center in Seoul, South Korea, for electronic materials. The new R&D facility dubbed "Dow Seoul Technology Center" is focused on technological advancements in display technologies and semiconductor-related applications.
Based in Hwaseong, Gyeonggi-do, the global R&D center is expected to employ around 300 researchers in a five-story building with floor space spanning over … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


General Dynamics In Air Force Pact

Posted: 27 Mar 2012 12:55 PM PDT

General Dynamics Information Technology, a business unit of General Dynamics Corporation (NYSE:GD), has received a five-year, multiple-award, indefinite delivery, and indefinite quantity contract with a potential value of $1.9 billion from the Ogden Air Logistics Center ("OO-ALC"), Hill Air Force Base, Utah. General Dynamics was one of the 26 awardees receiving this Design Engineering Support Program ("DESP") III contract.
General Dynamics will be responsible for providing engineering and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


AT&T Debuts Windows Phone

Posted: 27 Mar 2012 12:55 PM PDT

The second-largest U.S. mobile service provider AT&T Inc. (NYSE:T) will sell Nokia Corporation's (NYSE:NOK) "Lumia 900" smartphone from April 9 onwards. The handset will be available for $99.99 with a two-year contract.
AT&T is the first ever carrier to offer 4G LTE Microsoft Corporation (NASDAQ:MSFT) Windows Phone and has the exclusive right to sell the product. The company will also sell another Windows Phone – HTC Titan II – from HTC Corp for $199.99.
The devices will offer mobile … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Golden Years: Tax Benefits Of Contributions

Posted: 27 Mar 2012 12:15 PM PDT

03/27/2012 InnerHarbor Advisors’ Michael J. Keating, CFP, talks about the tax benefits of retirement plan contributions and discusses useful tips for planning … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Sitoa Global Rings Up A Solid Year Of Growth

Posted: 27 Mar 2012 12:07 PM PDT

Sitoa Global Rings up a Solid Year of Growth
Ken Nagy, CFA

On March 27, 2012, Sitoa Global Inc. (STOA), the Palo Alto, California based e-commerce facilitator that develops, integrates and hosts B2C (business-to-consumer) social e-commerce sites, reported financial results for its year ended December 31, 2011.

Sitoa reported mixed results with year over year revenues exploding to $847,344 from $0 in revenues for the year ended December 31, 2010.

The year over year jump in revenues was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Low Prices To Spoil Walter 1Q

Posted: 27 Mar 2012 12:07 PM PDT

Depressed coal prices and flattish sales volumes are expected to affect Walter Energy Inc.'s (NYSE:WLT) first quarter results. The company expects its first quarter 2012 sales volume to be 2.4 million metric tons, flat quarter over quarter. The average selling prices are expected to be lower than the sequentially preceding quarter. Walter's Hard Coking Coal (HCC) variety sales price is expected to be down 10% while its pulverized coal injection (PCI) variety is estimated to decline by 15% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Lockheed Gets THAAD Contract

Posted: 27 Mar 2012 11:55 AM PDT

Lockheed Martin Corporation (NYSE:LMT) has received a $66 million follow-on contract from the Missile Defense Agency to continue development of the Terminal High Altitude Area Defense (THAAD) Weapon System.
The Advanced Capability Development contract is a five-year, Indefinite Delivery/Indefinite Quantity award. The initial task order provides three years of engineering technical services including: flight test planning, maintenance of laboratory capability, and execution of Ballistic Missile … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Reaffirming Masimo At Neutral

Posted: 27 Mar 2012 11:55 AM PDT

We retain our Neutral rating on Masimo (NASDAQ:MASI). Its fourth quarter earnings matched the Zacks Consensus Estimate while sales beat the forecast. The company recorded solid new hospital contract booking in the quarter. Masimo's SET offering may help it to become a dominant global player in the pulse oximetry market.
Rapid product development continues to be a key area of focus. Masimo's SpHb was among the first non-invasive and continuous hemoglobin monitoring technology to receive the U.S. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Obamacare In Trouble? Intrade Odds Jump From 38% To 60% That SOTUS Will Reject Mandate

Posted: 27 Mar 2012 11:51 AM PDT

Intrade odds for the Supreme Court to rule that the individual mandate is unconstitutional shot up today from 38% to 60% (as of 2:44 p.m. ET), as the some of the justices are showing skepticism.

According to this LA Times article:

“Are there any limits,” asked Justice Anthony Kennedy, one of three conservative justices whose votes are seen as crucial to the fate of the unprecedented insurance mandate.
 
Chief Justice John G. Roberts Jr. suggested that the government might require … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


AutoNation Announces Share Buyback

Posted: 27 Mar 2012 11:35 AM PDT

AutoNation Inc. (NYSE:AN) announced that its board of directors has authorized the repurchase of up to an additional $250 million of common stock. The company revealed that it has exhausted its previous stock buyback program.
Last year, the automotive retailer has repurchased 18.6 million shares for $635.2 million. This compared with repurchases of 26.6 million shares for $523.7 million in 2010.
In January, the company had announced that its board of directors authorized the repurchase of up to an … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Preview: Paychex Inc.

Posted: 27 Mar 2012 11:35 AM PDT

Paychex Inc. (NASDAQ:PAYX) is scheduled to announce its third quarter fiscal 2012 results on March 28 after the closing bell, and we notice no movement in analyst estimates at this point.
Second Quarter Overview
Paychex delivered modest second quarter 2012 results, with earnings of 39 cents per share beating the Zacks Consensus Estimate by a penny. The quarter's results indicate slow recovery in the small and medium business (SMB) sector due to deceleration in high unemployment and inflation … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Eni Expands In Mamba Complex

Posted: 27 Mar 2012 11:35 AM PDT

Italian oil and gas group Eni SpA (NYSE:E) has augmented its resource base in Area 4, offshore Mozambique, at the Mamba North East 1 exploration prospect with a giant new natural gas find. The discovery widens the company's Mamba base by at least 10 trillion cubic feet (Tcf).
Located 50 kilometers off the Capo Delgado coast in a water depth of 1,848 meters, Mamba North East 1 was drilled to a total depth of 4,560 meters. The drilling site lies about 15 kilometers northeast of the initial Mamba … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Office Depot To Re-open 13 Stores

Posted: 27 Mar 2012 11:35 AM PDT

Tomorrow, Office Depot Inc. (NYSE:ODP), one of the leading suppliers of office products and services across the globe, will reopen 13 remodeled stores in Houston, Texas bringing in Tony Stewart, NASCAR champion, as a celebrity guest. The company currently operates 46 stores in Houston.
The remodeled stores are tailored according to consumer preferences, which will help save shopping time. On the left hand side of the store one can find Copy & Print Depot and other technology products, whereas … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Coach???s Balancing Act

Posted: 27 Mar 2012 11:35 AM PDT

Being a leading American marketer of fine accessories and gifts, Coach Inc. (NYSE:COH) boasts of a proven strategy of investing in stores to enhance sales productivity through product innovation, compelling pricing strategy, new merchandise assortments and a cost-effective global sourcing model, which should drive comparable-store sales and operating margins in the long term.
Management remains confident of sustaining double-digit growth in both top and bottom lines in fiscal 2012. The company's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Blue Cross Uses Cash Rewards To Lower Costs

Posted: 27 Mar 2012 11:12 AM PDT

Kaiser Health News — “In recent years, insurers have tried to cajole consumers into using less-expensive health-care providers by promising lower co-payments and other cost-sharing breaks for members who select those doctors and hospitals. Lately, they’re trying an even more direct approach: cash rewards.

Some Anthem Blue Cross and Blue Shield members in New Hampshire, Connecticut and Indiana can receive $50 to $200 if they get a diagnostic test or elective procedure at a less expensive … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Wikipaintings: The Entire History Of Art Online

Posted: 27 Mar 2012 10:47 AM PDT

Wikipaintings: The Encyclopedia of Fine Arts, now in Beta version.

“The project aims to create high-quality, most complete and well-structured online repository of fine art. We hope to make classical art a little more accessible and comprehensible, and also want to provide a new form of interaction between contemporary artists and their audience. In the future we plan to cover the entire history of art — from cave artworks to the new talents of today.

The project is non-profit. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Guilfoyle: “Bernanke…why We’ve Held Levels Today”

Posted: 27 Mar 2012 10:33 AM PDT

03/27/12 Meridian Equity Partners’ Stephen Guilfoyle discusses the Bernanke-fueled equity market gains and expectations ahead of this week’s risk … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Cartoon Of The Day

Posted: 27 Mar 2012 10:31 AM PDT

Earnings Preview: Lindsay Corp.

Posted: 27 Mar 2012 10:15 AM PDT

Lindsay Corporation(NYSE:LNN) is slated to report its second-quarter 2012 results before the market opens on March 28. The Zacks Consensus Estimate for the quarter is 83 cents per share, representing an estimated year-over-year decrease of 6.37%. Revenues, as per the Zacks Consensus Estimate, is $129 million.
First Quarter Synopsis
The company, in the first quarter (ended November 30, 2011), reported adjusted earnings of 60 cents per share, beating the Zacks Consensus Estimate of 46 cents and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Motorola Solutions Remains Neutral

Posted: 27 Mar 2012 10:15 AM PDT

Motorola Solutions Inc. (MSI) reported strong financial results for the fourth quarter of 2011, beating the Zacks Consensus Estimates. Besides, revenue, operating income, and operating margin generated healthy year-over-year growth. The company is a market leader in the lucrative U.S. Public Safety market. While the federal budgetary pressures are anticipated to continue, the state and local level agencies have become a major growth driver for Motorola Solutions.
Motorola's business model … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Mixed 2Q For Walgreen Co.

Posted: 27 Mar 2012 10:15 AM PDT

Walgreen Co. (NYSE:WAG) reported earnings of 78 cents per share in the second quarter of fiscal 2012, beating the Zacks Consensus Estimate by a penny. However, reported earnings were a couple of cents lower than the year-ago earnings.
Reported result includes a positive impact of one extra day of operation due to leap year compared with the year-ago quarter. The company incurred a negative impact of 3 cent per share related to the mild cough/cold and flu season in the quarter and 7 cents related … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Preview: Best Buy

Posted: 27 Mar 2012 10:15 AM PDT

Best Buy Company Inc. (NYSE:BBY), the leading specialty retailer of consumer electronic products,is slated to report its fourth-quarter 2012 financial results on March 29. The current Zacks Consensus Estimate for the quarter stands at $2.16 per share, representing an estimated year-over-year increase of about 9%. Revenue, as per the Zacks Consensus Estimate, is $17,233 million.
Third Quarter Overview
Best Buy's quarterly earnings of 47 cents a share missed the Zacks Consensus Estimate of 51 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Magyar Nemzeti Bank Keeps Base Rate At 7.00%

Posted: 27 Mar 2012 09:32 AM PDT

The Magyar Nemzeti Bank kept its central bank base rate steady at 7.00%.  The Bank said: “The Monetary Council has decided to leave the base rate unchanged. Monetary policy can best contribute to economic growth by maintaining a predictable economic environment, ensuring price stability and preserving the stability of the financial system. High volatility of risk perceptions and underlying inflation continue to warrant a cautious policy stance.”

The Magyar Nemzeti Bank … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Central Bank Of Turkey Maintains Policy, Repo Rate At 5.75%

Posted: 27 Mar 2012 09:26 AM PDT

The Central Bank of the Republic of Turkey kept its benchmark 1-week repo rate unchanged at 5.75%.  The Bank also held the lending rate at 11.50% and the interest rate on borrowing facilities for primary dealers at 11.00%, and lending rate on late liquidity at 14.50%.  The Bank said: “Inflation developments are in line with the path projected in the January Inflation Report. Yet, the Central Bank has implemented a new round of additional monetary tightening in order to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Stock Trading On Wednesday, March 28, 2012

Posted: 27 Mar 2012 05:03 AM PDT

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Wednesday, March 28, 2012

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
10.06
− 1.57
10.16
10.27

Bearish

AXP – American Express Company
58.22
− 0.75
58.03
57.07

Bullish

BA – Boeing Co
74.81
− 0.49
74.64
74.34

Bullish

BAC – Bank of America Corporation
9.60
− 3.32
9.78
9.78

Bearish

CAT – Caterpillar Inc
108.06
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For ETF Trading On Wednesday, March 28, 2012

Posted: 27 Mar 2012 05:03 AM PDT

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Wednesday, March 28, 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
109.74
+ 0.11
109.64
109.41

Bullish

BND – Vanguard Total Bond Market ETF
83.29
+ 0.17
83.17
82.98

Bullish

DBC – DB Commodity Index Tracking Fd
29.16
− 0.41
29.22
29.16

Bearish

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


The Trend Trader For Futures Trading On Wednesday, March 28, 2012

Posted: 27 Mar 2012 05:03 AM PDT

By ForexMansion.com

The Trend Trader for Futures
For Trading On Wednesday, March 28, 2012

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Jun ESM2
1406.50
− 0.60
1402.78
1394.17

Bullish

Dow Jones – Jun YMM2
13124
− 0.58
13102
13057

Bullish

Nasdaq – Jun NQM2
2775.75
− 0.05
2756.36
2725.83

Bullish

Russell – Jun TFM2
837.30
− 0.92
834.59
826.70

Bullish

INTEREST RATES

US T-Bond – Jun ZBM2
138-10
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Forex Trading On Wednesday, March 28, 2012

Posted: 27 Mar 2012 05:03 AM PDT

By ForexMansion.com

The Trend Trader for Forex
For Trading On Wednesday, March 28, 2012

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0456
− 0.72
1.0476
1.0479

Bearish

EURUSD – Euro / US Dollar
1.3317
− 0.29
1.3297
1.3231

Bullish

GBPUSD – British Pound / US Dollar
1.5948
− 0.13
1.5912
1.5853

Bullish

USDCAD – US Dollar / Canadian Dollar
0.9952
+ 0.43
0.9955
0.9956

Bearish

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


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