Wednesday, March 7, 2012

DailyMarkets.com - Apple’s New IPad Hatched

DailyMarkets.com - Apple’s New IPad Hatched

Apple’s New IPad Hatched

Posted: 07 Mar 2012 04:20 PM PST

03/07/12 Apple’s next generation iPad was unveiled to the world. The new iPad sports improved features and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Midweek Triple US Stock Index Check March 7

Posted: 07 Mar 2012 04:05 PM PST

Are the indexes breaking down from their "Creeper Trend Rally" or else continuing more of the same slow melt-up?
Let's take a look at the Big Three US Stock Market Indexes – from the Daily Chart – for clues and levels to watch for references.
First, the S&P 500 Daily:

Let's keep it as simple as possible, putting the chart in terms of main ideas and key index (price) levels to watch.
First, the key support level for bulls to watch is 1,340 – it's a prior price resistance … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gentiva Modifies Credit Facility

Posted: 07 Mar 2012 03:55 PM PST

On Tuesday, Gentiva Health Services Inc. (NASDAQ:GTIV) announced an amendment to its senior secured credit agreement to make the financial covenants more flexible for the remaining period of the credit facility. The amendment consists of alteration of the definition of consolidated EBITDA (earnings before interest, taxes, depreciation and amortization) in the credit agreement.
Consequently, all expenses related to Gentiva's cost realignment initiative, certain non-recurring cash charges and legal … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Chesapeake, KKR In Investment Pact

Posted: 07 Mar 2012 03:50 PM PST

Chesapeake Energy Corp (NYSE:CHK) has teamed up with an investment firm, Kohlberg Kravis Roberts & Co. (KKR) to invest in mineral and royalty interests in important U.S. oil and gas basins.
Per the deal, both parties are entitled to a combined $250 million of initial investment to get hold of mineral rights and royalty interests in the U.S. drilling fields, mainly with exposure to shale and other unconventional energy sources. Of the initial investment, KKR will contribute 90% of the capital … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AZN’s FluMist Quadrivalent Approved

Posted: 07 Mar 2012 03:30 PM PST

Recently AstraZeneca (NYSE:AZN) announced that the US Food and Drug Administration (FDA) has approved FluMist Quadrivalent (influenza vaccine live, intranasal). FluMist Quadrivalent, for the prevention of influenza, marks the first approval of a four-strain influenza vaccine in the US. FluMist Quadrivalent is a vaccine which is sprayed into the nose and can be used in people in the age group of 2 – 49 years.
FluMist Quadrivalent contains two strains of influenza A and two strains of influenza B, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Greece Debt Deal, Jobs Data On Tap

Posted: 07 Mar 2012 03:20 PM PST

03/07/12 Central banks and global data will pepper the economic calendar, but the Greek debt deadline at 20:00 GMT is the key event of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Alcoa And Ma’aden Begin Product Mix

Posted: 07 Mar 2012 03:15 PM PST

Alcoa Inc. (NYSE:AA) and Ma'aden announced the commencement of work of product mix for their new aluminium complex, which is currently under construction at Ras Al Khair in Saudi Arabia. The new line will offer automotive heat-treated and non-heat-treated sheet, building and construction sheet, and foil stock sheet.
The new product mix will enable the two companies to produce about 100,000 metric tons of a wide range of downstream products favorable for the company's complex product line. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Accenture Services Reach Italy

Posted: 07 Mar 2012 03:05 PM PST

Accenture plc (NYSE:ACN) recently announced that it has successfully implemented a pilot program for digital merchandising into Mellin SpA's IT eco system. Financial terms of the deal were not disclosed.
Mellin SpA is the Italian arm of France-based Danone Group engaged in the food industry. Danone Group markets various consumables such as fresh milk products, water, child nutrition and clinical nutrition products. Mellin SpA deals with child nutrition products and markets them under the brand … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BP’s Brazilian Foray Continues

Posted: 07 Mar 2012 02:50 PM PST

BP Plc (NYSE:BP) has won the Brazilian National Petroleum Agency (ANP) permit for the exploration of hydrocarbon off the coast of Brazil’s equatorial margin, along with the Brazilian state-owned company Petroleo Brasileiro S.A. (Petrobras or PBR). The approval will aid BP in enhancing its footprint in the country's offshore play.
Per the pact, the U.K. super major will gain 40% share from Petrobras in each of the four exploration blocks, located in the Barreirinhas and Ceará basins. Four … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Five Swing Trade Setups To Watch

Posted: 07 Mar 2012 02:49 PM PST

 ( click to enlarge )

Starbucks Corporation (NASDAQ:SBUX) broke out to all time highs accompained by a decent volume suggesting higher levels. This is generally a hot buy from a technical perspective. The stock hit a high of $49.52 which is now resistance for Thursday's follow through move. The technical indicators are looking mixed, with only the RSI bouncing sharply off the 50% level. The MACD is positive and above the signal line but is displaying a negative divergence as it failed to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MasterCard Allies With Vincento

Posted: 07 Mar 2012 02:40 PM PST

On Monday, card processing giant MasterCard Inc. (NYSE:MA) announced its strategic five-year alliance with UK-based Vincento in an attempt to expand prepaid card opportunities in the European market.
Vincento is a new breed of bank that manages funds in an electronic format only, thereby breaking through easily-manageable banking solutions within e-commerce and in the emerging e-money sector. The company has launched an online product, Kalixa, through which Vincento's online e-accounts will … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Citi Growing Card Biz In Asia

Posted: 07 Mar 2012 02:20 PM PST

Citigroup Inc. (NYSE:C) is boosting its business in Asia. The company plans to grow its card and personal loan business in India, according to a Reuters report.
Citi intends to augment its credit card customer figure by over 20% per year in the next two to three years. This comes as part of the company's effort to expand its portfolio of unsecured business in India. Moreover, Citi expects a 30% growth per year in personal loans in the next couple of years in the country.
The move is a strategic … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Caterpillar Sits On Record Backlog

Posted: 07 Mar 2012 02:15 PM PST

Caterpillar Inc. (NYSE:CAT) revealed at the ISI Annual Industrial Conference that the company's backlog is at the highest level ever. Moreover, many products have long lead times, with some slated for 2014. This bodes well for Caterpillar's future performance.
Caterpillar's backlog has improved steadily throughout fiscal 2011 and attained record levels at fiscal 2011 end. At its earnings call, the company had reported an order backlog of $29.8 billion at the end of fiscal … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Rochester Smackdown: Economist, Blogger Steve Landsburg Vs. University Of Rochester President

Posted: 07 Mar 2012 02:11 PM PST

University of Rochester President Joel Seligman sharply criticized faculty member Steven Landsburg for saying that Rush Limbaugh provided "the requisite mockery" of a Georgetown student.  In his March 2 blog, Landsburg, a professor of economics, said that Fluke's position "deserves only to be ridiculed, mocked and jeered."Landsburg went on to say, "To treat it with respect would be a travesty."

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

Molson Coors To Launch New Products

Posted: 07 Mar 2012 02:00 PM PST

Reuters recently reported that beer maker Molson Coors Brewing Company (NYSE:TAP) plans to introduce new products to revamp its flagging beer sales. Numbering among the newly introduced products is an iced tea flavored beer under the Coors Light brand. The company gave out this information at an analyst meeting held in New York recently.
Molson Coors, the maker of popular beer brands like Coors Light and Miller Lite, has been witnessing weak beer sales due to changing consumer tastes and an … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wall Street Rises About Jobs Report

Posted: 07 Mar 2012 09:00 AM PST

03/07/12 US stocks broke a three-day losing streak on Wednesday, after a report showed the US private sector added more jobs than expected last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MoneyGram Expands In India & Mexico

Posted: 07 Mar 2012 01:50 PM PST

Yesterday, MoneyGram International Inc. (NYSE:MGI) announced the expansion of its money transfer network in Mexico and India through separate news flow. The company's existing money transfer offering alliance with India Post has been extended to more than 650 locations across the country from the prior 100 outlets.
While India Post serves across the country through 155,000 urban and rural locations, it leaves ample scope of expansion for MoneyGram to gradually reach out to the remotest places in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Reason To Buy A Chevy Volt

Posted: 07 Mar 2012 01:47 PM PST

Chevy Volt – Building a Better Tomorrow from Ben Howe on Vimeo.

HTs: Warren Smith and Bob … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Legg Mason Reiterated At Neutral

Posted: 07 Mar 2012 01:36 PM PST

We maintain our Neutral recommendation on Legg Mason Inc. (NYSE:LM) based on its strong cash position and ongoing success of its targeted streamlining plan. However, asset outflows remain a concern with aggregate net client outflows of $22.6 billion and dispositions of $20.8 billion for the nine months ended December 2011.
In January, Legg Mason reported fiscal third-quarter 2012 earnings of 55 cents per share significantly outpacing the Zacks Consensus Estimate of 27 cents per share. Including … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Aeropostale

Posted: 07 Mar 2012 01:36 PM PST

Aeropostale Inc. (NYSE:ARO), a retailer of active and casual clothing and accompaniments for youths, is slated to report its fourth-quarter 2011 financial results on March 8, 2012. The current Zacks Consensus Estimate for the quarter stands at 38 cents per share, representing an estimated year-over-year decrease of about 60%. Revenue, as per the Zacks Consensus Estimate, is $809 million.
Third-Quarter Synopsis
Aeropostale reported earnings per share of 30 cents, down 55.2% from the prior-year … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Smithfield Foods

Posted: 07 Mar 2012 01:21 PM PST

Smithfield Foods, Inc. (NYSE:SFD) is scheduled to announce its third quarter 2012 results on March 8, 2012, and we see a positive trend in the analysts' estimates at this point. Currently, the Zacks Consensus Estimate is 67 cents per share and sales estimate is around $3.53 billion.
Second Quarter Overview
Smithfield swung to second-quarter 2012 earnings record of 76 cents per share – on December 09, 2011, which surpassed the Zacks Consensus Estimate of 69 cents by 10.1%. Strong fresh pork … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Index Futures Decline As VIX Spikes Above 20

Posted: 07 Mar 2012 01:18 PM PST

Wednesday, March 7, 2012
With the E-mini S&P 500 futures moving nearly straight up since the start of 2012, a correction may have been overdue. Some traders who are expecting a correction in the bull market to continue, at least in the near- term, may perhaps wish to explore buying bear put spreads in E-mini S&P futures options. For example, with the June E-mini’s trading at 1336.50 as of this writing, the April 1330 puts could be bought and the April 1300 puts sold for a 9.00 debit, or … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Align Remains Neutral

Posted: 07 Mar 2012 01:05 PM PST

Recently, we have reiterated our Neutral recommendation on Align Technology (NASDAQ:ALGN) with a target price of $27.00. The company witnessed balanced sales growth across all its channels during the fourth quarter of fiscal 2011.
In the fourth quarter of 2011, Align's adjusted EPS was 28 cents, beating the Zacks Consensus Estimate of 22 cents and ahead of the year-ago quarter's adjusted EPS of 14 cents. Reported EPS also surpassed the company's guidance range of 20−22 cents.
The positive … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ETF Update: GASX

Posted: 07 Mar 2012 01:00 PM PST

Weekly update on the First Trust ISE Revere Natural Gas Index … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

WellPoint Maintained At Neutral

Posted: 07 Mar 2012 12:50 PM PST

We are maintaining our 'Neutral' recommendation on WellPoint Inc. (NYSE:WLP) based on the company's revenue growth in all operating segments,increased operating cash flow, stable ratings, diversified product portfolio and strategic acquisitions. However, increasing benefit expense and declining membership are causes of concern.
WellPoint reported fourth-quarter 2011 adjusted income of 99 cents per share, trailing the Zacks Consensus Estimate of $1.11 per share. Results were also 25.6% lower … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MAA Secures Funds

Posted: 07 Mar 2012 12:35 PM PST

MAA (NYSE:MAA), an apartment-only real estate investment trust (REIT), has recently closed on an unsecured term loan worth $150 million to increase its liquidity and repay its debt. The five-year term loan has a variable interest rate of LIBOR plus a spread of 1.40% to 2.15%, depending on the company’s leverage levels.
J.P. Morgan Securities LLC, the investment banking division of JPMorgan Chase & Co. (JPM) and Keybank National Association that provides various banking services in the U.S. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Glaxo Files For Two Flu Vaccines

Posted: 07 Mar 2012 12:20 PM PST

Recently, GlaxoSmithKline (NYSE:GSK) announced that it has filed marketing applications for two influenza vaccines.
The vaccines, up for approval, include a quadrivalent influenza vaccine for the prevention of influenza caused by types A and B strains in adults and children aged 3 years and above. The company is seeking regulatory approval in both the US and the EU.
We note that just a few days ago, AstraZeneca (NYSE:AZN) had announced the US approval of FluMist Quadrivalent for the prevention of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

A Cheap Euro Benefits This Emerging European Gold Producer Moving Into Feasibility

Posted: 07 Mar 2012 12:20 PM PST

A cheap Euro means better margins for miners.  It accrues to the advantage of nascent companies such as Edgewater Exploration (EDW.V or EDWZF) who is developing their Corcoesto Gold Project in Galicia, Spain.  They recently announced the addition of an experienced mining engineer and finance advisor as they rapidly advance this project into a bankable feasibility study.
The major miners are looking for economically viable mines capable of profitable development that are moving into … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Northrop Cuts Cybersecurity Deal

Posted: 07 Mar 2012 12:05 PM PST

Los Angeles-based leading defense contractor, Northrop Grumman Corporation (NYSE:NOC) has been awarded a cybersecurity task order by the Defense Information Systems Agency (DISA). The contract is valued at $189 million over a three-year base period with two one-year options.
The task order aims to strengthen cybersecurity protections across all Department of Defense (DoD) and Intelligence Community networks by implementing the Host Based Security System (HBSS) as part of the DoD Information … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Schoenberger: “What Is It Gonna Take…stop Concentrating On EU”

Posted: 07 Mar 2012 11:30 AM PST

03/07/12 LandColt Trading’s Todd Schoenberger discusses the upcoming US jobs report, central bank rate decisions and focus on Greece’s PSI … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Launching The UK’s Most Advanced Stock Picking Toolkit

Posted: 07 Mar 2012 08:27 AM PST

Long time users of Stockopedia will wake up this morning with wide eyes at a new design and a whole ream of new features. The core functionality of the old site has been totally preserved but we’ve added a premium feature set on designed to help subscribers make better and more profitable decisions in the stock market.
Expanded Coverage
There are some awesome features available here now which are totally unique to Stockopedia in the UK market. Not only have we expanded our coverage with 2000+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Wednesday, March 7, 2012

Posted: 07 Mar 2012 04:03 AM PST

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Wednesday, March 7, 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
110.56
+ 0.20
110.46
110.54

Bullish

BND – Vanguard Total Bond Market ETF
83.71
+ 0.17
83.69
83.76

Neutral

DBC – DB Commodity Index Tracking Fd
28.86
− 1.64
29.22
29.46

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 7, 2012

Posted: 07 Mar 2012 04:03 AM PST

By ForexMansion.com

The Trend Trader for Futures
For Trading On Wednesday, March 7, 2012

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Jun ESM2
1336.00
− 1.66
1355.08
1360.50

Bearish

Dow Jones – Jun YMM2
12674
− 1.68
12829
12891

Bearish

Nasdaq – Jun NQM2
2583.75
− 1.02
2613.75
2618.50

Bearish

Russell – Jun TFM2
782.80
− 2.32
795.74
805.57

Bearish

INTEREST RATES

US T-Bond – Jun ZBM2
142-00
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Apple Doesn’t Fall Far From The Global Resources Tree

Posted: 06 Mar 2012 10:00 PM PST

After Apple reached $500 billion in market capitalization, it was inducted into a very elite club of businesses that have reached this size. Only Cisco, ExxonMobil, General Electric, Intel and Microsoft have made it to the $500 billion mark, says CNNMoney.
Apple's rise in market cap has been driven by spectacular stock performance. Since October, the tech company's stock has increased nearly 40 percent, making it the top driver of the S&P 500 rally. This increase caught the attention … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
at

No comments:

Post a Comment