Friday, March 16, 2012

DailyMarkets.com - ATVI’s Diablo III To Hit Stores

DailyMarkets.com - ATVI’s Diablo III To Hit Stores


ATVI’s Diablo III To Hit Stores

Posted: 16 Mar 2012 07:50 AM PDT

Come May 15, the evil forces are going to invade the "Sanctuary" with the release of Diablo III by Activision Blizzard Inc. (NASDAQ:ATVI). In the pulsating and riveting quest to banish the forces of evil, players can step into the shoes of any of the five characters: barbarian, witch doctor, wizard, monk or demon hunter.
The Diablo franchise (Diablo and Diablo II) has sold more than 20 million copies so far and the upcoming version is likely to add another 5 million, according to Cowen & … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


New Renal Test For Quest Diagnostics

Posted: 16 Mar 2012 07:35 AM PDT

Quest Diagnostics (NYSE:DGX), a leading player in the diagnostic testing market, recently launched the world's first-of-its-kind molecular Renal Transplant Monitoring test to identify renal organ-transplant rejection. Quest claims that this test can detect kidney failure faster than other conventional tests and clinical indications. Thus, this will help increase patient care in kidney transplantation while reducing healthcare costs associated with this treatment.
This test is based on the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Preview: Tiffany

Posted: 16 Mar 2012 07:20 AM PDT

Tiffany & Company (NYSE:TIF), a high-end jewelry designer, manufacturer and retailer, is slated to report its fourth-quarter 2011 financial results before the opening bell on Tuesday, March 20. The current Zacks Consensus Estimate for the quarter stands at $1.41 per share, representing an estimated year-over-year decrease of about 2%. Revenue, as per the Zacks Consensus Estimate, is $1,185 million.
Third Quarter Overview
Tiffany's quarterly earnings of 70 cents a share surpassed the Zacks … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Wal-Mart Store Now In Chantilly

Posted: 16 Mar 2012 07:05 AM PDT

Wal-Mart Stores Inc. (NYSE:WMT) has announced the opening of a new store in Chantilly, Washington. The store will employ 300 people.
The step is a part of Wal-Mart's initiative to make better and cleaner stores, merchandising and provide a different shopping experience to its customers.
The new 124,935 square feet Wal-Mart store features enhanced service and improved layout that is designed to make the shopping experience more convenient for customers. Wal-Mart also aligned the departments which … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


DATATRAK Sees 50% Increase In New Clients In 2011

Posted: 16 Mar 2012 07:00 AM PDT

DATATRAK Sees 50% Increase in New Clients in 2011
Ken Nagy, CFA

On March 15, 2012, DATATRAK International, Inc. (DATA), the Mayfield Heights, Ohio based technology and service provider of electronic clinical trial technology solutions for the clinical trials industry, reported financial results for its fiscal 2011 fourth quarter and fiscal year, ended December 31, 2011.

The Company reported mixed results with fourth quarter revenues falling nearly 8 percent year over year to $1.854 million, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


A Rounded Reversal And Support Level To Watch In Bond Fund TLT

Posted: 16 Mar 2012 06:51 AM PDT

TLT is a popular proxy for traders and investors to watch for bond prices, or to use as a hedging or trading vehicle.
Let's take a look at the recent "Rounded Reversal Arc" in price which now challenges its first potential support target on this week's recent breakdown.
Here's the Daily Chart "Arc" Pattern into Support:

"Rounded Reversal" or "Rounded Arc" patterns are a type of Distribution pattern that represents an orderly transfer from demand (buyers) to supply … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Magellan Inflates Pipeline Capacity

Posted: 16 Mar 2012 06:50 AM PDT

Magellan Midstream Partners, L.P. (NYSE:MMP) announced plans to enhance the capacity of the crude oil pipeline – Crane-to-Houston – to 225,000 barrels per day (bpd).
The company stated that the recent bidding open season was successful and the pipeline capacity has been fully committed with long-term agreements.
In September 2011, Magellan announced the proceeding to reverse a portion of the Longhorn oil-products pipeline, extending from Houston to El Paso, Texas, and convert it to the crude … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stock Market News Briefs: Capital One Financial, Cisco Systems, RADVision Ltd., Scholastic Corporation

Posted: 16 Mar 2012 06:35 AM PDT

    Shares of Cisco Systems, Inc. (NASDAQ:CSCO) slipped1.4% after it agreed to buy NDS for $5 billion

    An inflated earnings estimate for FY12 from Scholastic Corporation (NASDAQ:SCHL) pushed up the company's stock by 12.9%. Excluding items, the company expects FY12 earnings of $2.60 to $2.90 per share, higher than the previous projection of $1.75 to $2.1

    Following reports that RADVision Ltd. (NASDAQ:RVSN) was being sold to Avaya for $230 million, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


BioMed Realty Hikes Dividend

Posted: 16 Mar 2012 06:35 AM PDT

BioMed Realty Trust, Inc. (NYSE:BMR) recently increased its annualized dividend per share from 80 cents to 86 cents, which represents a 7.5% hike. The new dividend is payable on April 16, 2012 to shareholders of record as of March 30, 2012.
At the end of fourth quarter 2011, Bio Med Realty's cash balance stood at $16.5 million. BioMed Realty has a strong balance sheet, which provides the financial flexibility to pursue accretive acquisitions, dividend payouts and share buybacks. This augurs well … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Crude Oil Prices Consolidate But At Lofty Levels

Posted: 16 Mar 2012 06:22 AM PDT

Friday, March 16, 2012
Ideas that Crude stocks will continue to build in Cushing, Oklahoma ahead of the start of the Seaway Pipeline may pressure near-term WTI futures. Some traders who are looking for this scenario may perhaps wish to explore bear spreads in WTI Crude Oil futures. For example, December 2012 Crude is currently trading $1.91 over the May 2012 contract. Traders choosing to initiate a bear spread could buy December Crude and sell May Crude, with the expectation that the December … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Scorecard: Citi Trends

Posted: 16 Mar 2012 06:20 AM PDT

Citi Trends Inc. (NASDAQ:CTRN), the U.S. based retailer of fashion apparel and accessories, posted its fourth-quarter 2011 results last week on Friday. Thus, the street analysts roughly had a week to ponder over and analyze the result. In the subsequent paragraphs, we will cover the recent earnings announcement, analysts' estimate revisions as well as the Zacks Rank and long-term recommendation on the stock.
Quarterly Review
On March 9, 2012, Citi Trends reported its fourth-quarter 2011 results. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Will The Market Be Wearin’ O’ The Green?

Posted: 16 Mar 2012 06:05 AM PDT

I would expect stocks to take a breather today after reaching new multi-year highs on Thursday with the help of positive labor market and manufacturing readings. On the docket today we have the Industrial Production and Michigan Confidence readings on deck for release a little later, while the inflations numbers came broadly in-line with expectations.
Favorable economic reports may not be enough to power stocks higher today. But this rally has defied predictions thus far, so I wouldn't be … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Fluor Wins Contract From FEMA

Posted: 16 Mar 2012 06:05 AM PDT

Fluor Corporation (NYSE:FLR) received a contract for its technical assessment and project management services to support recovery efforts of the Department of Homeland Security's Federal Emergency Management Agency (FEMA) after national disasters. This Public Assistance Technical Assistance Contract from FEMA has a potential value of up to $500 million over five years. As work is received from FEMA it will be booked by Fluor into backlog.
FEMA has announced four service contracts of which one … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Honda Plans New Plant In Indonesia

Posted: 16 Mar 2012 05:55 AM PDT

Honda Motor Co. (NYSE:HMC) plans to open a new car manufacturing plant in Jakarta, Indonesia by investing 3.1 trillion rupiah ($337 million). The plant, which will be located in Karawang Industrial Park, will produce small cars like Brio compact.
The plant will have an annual production capacity of 120,000 vehicles, lifting the company's total production capacity in the country to 180,000 vehicles per year. The plant will start operating with a workforce of 2,000 people.
Indonesia has become a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Weatherford Lags EPS, Beats Rev.

Posted: 16 Mar 2012 05:35 AM PDT

Leading oilfield services' company  Weatherford International Ltd.'s (NYSE:WFT) fourth quarter 2011 adjusted earnings of 2 cents per share came in way below the Zacks Consensus Estimate of 32 cents. The results also dropped substantially from the year-earlier loss of 16 cents.
For full-year 2011, the company's profit of 34 cents per share lagged the Zacks Consensus Estimate of 84 cents. However, the reported figure was above the year-earlier loss of 20 cents per share.
Total revenue … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


ADTRAN Sees Lower Rev In 1Q

Posted: 16 Mar 2012 05:20 AM PDT

ADTRAN Inc. (NASDAQ:ADTN) expects the ongoing first quarter to be hit by a slower start to the seasonal buying pattern and a delay in orders due to new system implementations.
The company now expects revenue in the range of $130–$135 million. Previously, ADTRAN had projected stable revenue of $175.3 million.
The company expects to deliver lackluster sales to T1 customers given their lower spending, which would weigh on its overall revenue. The company's traditional products, mainly HDSL will … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Happy St. Paddy’s Day

Posted: 16 Mar 2012 04:30 AM PDT

With a name like Doyle and more siblings, cousins, and nieces and nephews than I might possibly count, I beg your indulgence if I maintain that….with the greatest of all holidays falling on a weekend this year, prudence dictates that to gain a full appreciation of the special day and all it means that we celebrate it over a 48 hour time period.
Knowing full well that many of the boys and girls on "the street" will be in full festive attire —and demeanor—right from the get go this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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