Wednesday, March 28, 2012

DailyMarkets.com - BNNY: Hop, Hop, And Away!

DailyMarkets.com - BNNY: Hop, Hop, And Away!

BNNY: Hop, Hop, And Away!

Posted: 28 Mar 2012 03:58 PM PDT

03/28/12 Annie’s Inc., had a stellar market debut on Wednesday, with shares surging after its IPO. The organic and natural good products company hopped its way to the top in midweek … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Symantec Exits Huawei Partnership

Posted: 28 Mar 2012 03:35 PM PDT

Information technology security major Symantec Corporation (NASDAQ:SYMC) recently disclosed that it has dissolved its partnership with China-based Huawei Technologies, as the company fears that the alliance with the Chinese company will emerge as a hindrance in obtaining United States government classified information regarding cyber threats.
The decision on Symantec's part was taken at a correct time as the security major can reap benefits from the US government's efforts to share more … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

HCP Amends Credit Facility

Posted: 28 Mar 2012 03:25 PM PDT

HCP Inc. (NYSE:HCP), a leading healthcare real estate investment trust (REIT), has recently amended its existing unsecured revolving credit facility to extend the maturity by an additional year as well as reduce its interest burden. The modified credit facility with a borrowing capacity of $1.5 billion is currently scheduled to mature in March 2016.
The amended credit facility bears an annual interest at LIBOR plus 107.5 basis points and a facility fee of 17.5 basis points, as determined by the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: End Of Day Covering

Posted: 28 Mar 2012 03:23 PM PDT

Cusick’s Corner 03-28-2012
Shorts seemed to have picked up when they saw that this market momentum could not gain any steam into the afternoon. Continue to keep an eye on resistance, 1403 on the S&Ps, and support, 1390 on the S&Ps. I will be watching Crude closely as well, when there’s a build in supply that’s a potential flag of slower demand. Watch the Claims Data early, we want o see a continuation of sub-350K. See you Midday.
Stocks moved broadly lower on disappointing economic news … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US GDP, Jobs Data On Tap

Posted: 28 Mar 2012 03:20 PM PDT

03/28/12 As the end of the month and quarter draws near, major US economic indicators will be closely … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Excel Maritime To Underperform

Posted: 28 Mar 2012 03:10 PM PDT

We maintain our Underperform recommendation on Excel Maritime Carriers Ltd. (NYSE:EXM). Although the company's fourth quarter of 2011 financial beat the Zacks Consensus Estimates, we believe the drybulk shipping industry has a gloomy prospect, at least in the near-term. This sector is facing serious challenges since the spot vessel rates collapsed significantly.
The sole reason for this dismal condition is the sheer increase of newbuild ships under operation that resulted in intense price … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Egencia To Acquire VIA Travel

Posted: 28 Mar 2012 03:00 PM PDT

Expedia Inc.'s (NASDAQ:EXPE) corporate travel management arm Egencia has agreed to acquire Oslo, Norway-based leading travel management firm VIA Travel. The terms of the deal were not disclosed and the closing of the transaction is subject to various regulatory approvals. 
VIA Travel is the largest travel management company in the Nordic countries. The company offers corporate travel services, as well as services for corporate groups and meetings, leisure travel, and marine transport.
The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

DOW And Dualsystems Sign Deal

Posted: 28 Mar 2012 02:55 PM PDT

The Dow Chemical Company's (NYSE:DOW) wholly owned subsidiary Dow AgroSciences LLC, entered into a drug profiling agreement with Dualsystems Biotech. As per the agreement, Dualsystems will use its technology to identify molecular targets in Dow AgroSciences' agrochemical discovery program.
According to Dow AgroSciences, the deal will help the company expanding its technological footprint and enable it to provide more innovative solutions to its customers by speeding up the process of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BP Leases 84,000 Acres In Ohio

Posted: 28 Mar 2012 02:55 PM PDT

U.K. oil giant BP Plc (NYSE:BP) intends to reap the benefits of an impending northeast Ohio oil and gas boom in the Utica/Point Pleasant shale formation, with an estimated recoverable potential of approximately 5.5 billion barrels of oil.
As part of this effort, BP has inked a deal with the Associated Landowners of the Ohio Valley (ALOV) – a body representing individual mineral owners in the region – to lease around 84,000 acres in Trumbull County, Ohio, a high potential formation in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Neutral On Broadcom

Posted: 28 Mar 2012 02:55 PM PDT

We recently maintained our Neutral recommendation on Broadcom Corporation (NASDAQ:BRCM).
Broadcom is focused on the most innovative technologies related to connectivity, bandwidth and content. The continued expansion of pay-TV and Internet access services internationally, especially in China and India, continues to provide significant opportunity for growth. The Broadband Communications business continues to grow, propelled by global adoption of high-definition pay TV services and increasing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Neutral On Precision Castparts

Posted: 28 Mar 2012 02:30 PM PDT

We are retaining our Neutral recommendation on Precision Castparts Corporation (PCP). Increasing demand in the commercial aerospace market and increased sales in general industries helped results in the recently reported quarter. Revenues for the recently concluded quarter grew 14% year over year, although earnings were down by $0.09.
However, year over year earnings grew 19.1%. All three reporting segments also posted double digit revenue growth during the quarter. The company is positive … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Long Stock Ideas For March 29 Th

Posted: 28 Mar 2012 02:26 PM PDT

  ( click to enlarge )

I’ve alerted my readers about the potential upside movement in Zalicus Inc (ZLCS) shares yesterday and today to all my twitter followers at $1.08. The stock has come up to my expectations as it was among the top gainers of Nasdaq and closed up 15.74 percent at $1.25 trading more than 8.7 Million shares, well above its average volume. These gains are really significant and represent substantial profit for not only my twitter followers and subscribers but also any … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Accenture Poised For Growth

Posted: 28 Mar 2012 02:20 PM PDT

Technology and consulting company Accenture plc (NYSE:ACN) recently won a contract from a non-profit organization Out & Equal. The tech major is poised to work in sync with Out & Equal and the other stakeholders to help them invest in new technologies for establishing an IT system within the organization.
Accenture is expected to streamline the organizational structure of Out & Equal as well as help them to reach out to people across the globe. The new digital platform will create a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gas Prices Top $3.90 A Gallon

Posted: 28 Mar 2012 09:15 AM PDT

03/28/12 The price of an average gallon of regular gasoline passed the $3.90 mark Wednesday, just a dime short of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Foster Wheeler Wins Indonesian Deal

Posted: 28 Mar 2012 02:10 PM PDT

Foster Wheeler AG (NASDAQ:FWLT) received a contract to deliver project management consultancy services for the Residue Fluid Catalytic Cracker (RFCC) Project at the Cilacap Refinery, on the island of Java, Indonesia. The contract has been awarded by the national oil company of the Republic of Indonesia, PT Pertamina (Persero).
As a consultant project manager, Foster Wheeler will look into engineering, procurement and construction of the refinery upgrade at Cilacap on behalf of the Indonesian oil … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Follow Oil Lower On Reserve Talks

Posted: 28 Mar 2012 09:00 AM PDT

03/28/12 US stocks closed lower Wednesday as falling commodity prices dragged materials and energy companies down … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Analyst Interviews: Steel Industry Stock Outlook

Posted: 28 Mar 2012 01:55 PM PDT

About the Industry

The steel industry can well be termed the backbone of modern society considering steel's varied uses, be it in construction, transport, electrical appliances, food packaging and the like. In terms of its composition, steel is an alloy of iron and carbon containing less than 2% carbon and 1% manganese and small amounts of silicon, phosphorus, sulfur and oxygen.

Steel products are classified into four broad categories: flat steel products, long steel products, scrap and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Pink-Slime Fuss Irks Tyson

Posted: 28 Mar 2012 01:55 PM PDT

The world's leading meat manufacturer and packager Tyson Foods Inc. (NYSE:TSN) expressed concerns about a fall in beef demand amidst the pink-slime controversy.
Pink slime, created from low quality beef trimmings, is an industrial byproduct and is usually treated with ammonia gas to qualify it for food health standards.
Critics argue that several cheap ground beef and frozen-marketed hamburger patties contain pink slime as an additive. Although the food watchdogs certify that they meet the food … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Meritage Homes Issues Notes

Posted: 28 Mar 2012 01:50 PM PDT

Homebuilder Meritage Homes Corporation (NYSE:MTH) recently announced that it will redeem its 6.25% senior notes due 2015 carrying an aggregate principal amount of $285 million.
In order to pay off this debt, the company will raise another debt comprising senior unsecured notes due 2022 carrying a coupon rate of 7% and an aggregate principal amount of $300 million. The closing date for this notes issue is April 10, 2012.
The remaining proceeds from the 7% notes issue together with the current cash … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Opportunity At Western Refining

Posted: 28 Mar 2012 01:35 PM PDT

Buoyed by favorable trends in the refining industry along with the company’s initiatives to improve reliability and reduce operating costs, we remain optimistic on independent oil refiner and marketer Western Refining Inc's (NYSE:WNR) near term prospects.
Incorporated in 2005, El Paso, Texas-headquartered Western Refining's operations are concentrated in the Southwestern and Mid-Atlantic regions of the U.S. The company operates in three segments: Refining (accounted for 93% of the company's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Mixed Data On Merck’s Vorapaxar

Posted: 28 Mar 2012 01:21 PM PDT

Merck's (NYSE:MRK) vorapaxar was in the news recently with researchers presenting detailed results on the candidate from the TRA-2P (Thrombin-Receptor Antagonist in Secondary Prevention of Atherothrombotic Ischemic Events) TIMI 50 study.
Results showed that vorapaxar, when added to the standard of care, led to a significant reduction in the risk of the composite of cardiovascular (CV) death, heart attack, stroke or urgent coronary revascularization. Researchers noted that this is the first time … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Fifth Third Sees More Vantiv Gains

Posted: 28 Mar 2012 01:21 PM PDT

Fifth Third Bancorp (NASDAQ:FITB) has revised its estimates of gain from Vantiv Inc.'s (VNTV) initial public offering. The company now expects an additional pre-tax gain of $17 million in the first quarter of 2012 which is over and above the $95 million that the company had earlier projected. 
U.S.-based Vantiv was formerly known as Fifth Third Processing Solutions (FTPS). FTPS is a payment processing company dealing with more than 12.9 billion payment transactions valued at $426 billion … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Nokia Set To Launch Cheaper Lumia

Posted: 28 Mar 2012 01:10 PM PDT

Nokia Corp. (NYSE:NOK) is all set to ship their low-end Lumia 900 smartphones at an affordable price of $99.99, targeting the youth of the society. It will be the first 4G-enabled Windows smartphone and will be available from April 8, 2012.
The Lumia 900 handset is based on LTE technology, which offers faster downloading speed to the users, and will be launched on AT&T's (NYSE:T) network with a two-year service contract.
Earlier, in November, 2011, Nokia launched their first Windows-based … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

RIMM Downgraded To Underperform

Posted: 28 Mar 2012 12:50 PM PDT

We are downgrading our recommendation on Research In Motion Ltd., (NASDAQ:RIMM) to Underperform from Neutral on the back of continued somber financial results coupled with a reduced outlook.
Research In Motion has consistently struggled ever since Apple Inc's (NASDAQ:AAPL) iPhone hit the market. The situation worsened further when Google Inc. (NASDAQ:GOOG) launched its Android software, which was adopted by several handset manufacturers. Presently, Research In Motion's BlackBerry operating system has … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Leggett Loiters In Negative Territory

Posted: 28 Mar 2012 12:50 PM PDT

Based on the continuously declining margins, we reiterate our long-term Underperform recommendation on the manufacturer of diversified engineered products and components, Leggett & Platt Incorporated (NYSE:LEG), with a target price of $20.
The company recently posted earnings of 22 cents per share for fourth-quarter 2011, which came in ahead of both the Zacks Consensus Estimate and year-ago quarter's earnings of 21 cents. However, we believe it to be an inorganic growth, which was primarily … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Tablets Proliferate, EU Roaming Fees Capped

Posted: 28 Mar 2012 12:50 PM PDT

03/28/2012 Apple and Amazon tablet devices were in the spotlight in midweek trade. EU lawmakers reached a preliminary deal to reduce roaming … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Medtronic Reiterated At Neutral

Posted: 28 Mar 2012 12:35 PM PDT

We have reaffirmed our Neutral recommendation on Medtronic (NYSE:MDT) following its third quarter fiscal 2012 results. Faced with a number of challenges, Medtronic's third quarter earnings were at par with the Zacks Consensus Estimate.
Medtronic's recently launched products brought in good sales while international markets continued to do well. However, defibrillators and Spinal, accounting for about one-third of total sales, declined 9% year over year. Management confirmed that both the ICDs … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

HMA Still Neutral

Posted: 28 Mar 2012 12:25 PM PDT

We reiterate our Neutral recommendation on Health Management Associates (NYSE:HMA). Fourth-quarter 2011 earnings per share beat the Zacks Consensus Estimate.
Health Management runs hospitals in select non-urban markets mostly in south eastern U.S. The company continues to emphasize its three long-standing initiatives, namely Emergency Room operations, physician recruitment and market development, which have facilitated admissions.
Health Management shares may offer upside potential as the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Markets Challenged

Posted: 28 Mar 2012 12:22 PM PDT

Cusick’s Corner 03-28-2012
The action overnight in China rolled over into the US markets and the S&Ps are now challenging critical short term support levels (mentioned yesterday afternoon 1395/1400 on the S&Ps). Tech, QQQ, and Small Caps, IWM, are really struggling at this stage, which is that “tell” and if they cannot turn around then this could be a potential negative tell at these levels. Some weak longs, scalpers/ traders who got in at higher levels in the general market might be … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Miranda Gold (MAD): Drilling About To Begin On Red Hill Near Barrick’s Multi-Million Ounce Discoveries On Cortez Trend

Posted: 28 Mar 2012 12:14 PM PDT

In our report from early March, "Mira, Miranda", the CEO Ken Cunningham explicitly states that 2012 would be a more "active year" than even 2011, which had already seen the most activity on its projects in its history.
Thus his projection of 2012 as an "active year" takes on deeper significance with today's announcement  that drilling is starting on Miranda Gold's Red Hill and Coal Canyon Project.
Reading between the lines, exploration begins on a very propitious area which … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

LIFE Launches AmpliSeq Custom Panel

Posted: 28 Mar 2012 12:10 PM PDT

Life Technologies (LIFE) continues with its expansion of the Ion portfolio with the recent launch of Ion AmpliSeq Custom Panel. The Ion AmpliSeq technology helps researchers to study samples that even contain minute traces of DNA, all in a single day.
In October 2011, Life Technologies launched Ion AmpliSeq Cancer Panel to help scientists to sequence dozens of genes in cancer research samples using a simple workflow. In addition to confirmation of mutations within one day, the system also … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Costa: “Midweek…profit-taking, Overseas Growth Concerns”

Posted: 28 Mar 2012 11:30 AM PDT

03/28/12 Empire Executions’ Peter Costa talks quarter-end, earnings, IPOs and Bernanke’s comments. Expectations for the market in the short-term and medium-term and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Thursday, March 29, 2012

Posted: 28 Mar 2012 06:03 AM PDT

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Thursday, March 29, 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
109.72
− 0.02
109.69
109.41

Bullish

BND – Vanguard Total Bond Market ETF
83.27
− 0.02
83.23
82.98

Bullish

DBC – DB Commodity Index Tracking Fd
28.88
− 0.96
29.13
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 Stock Trading On Thursday, March 29, 2012

Posted: 28 Mar 2012 06:03 AM PDT

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Thursday, March 29, 2012

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
9.83
− 2.29
10.08
10.27

Bearish

AXP – American Express Company
59.06
+ 1.44
58.59
57.07

Bullish

BA – Boeing Co
74.33
− 0.64
74.81
74.34

Bearish

BAC – Bank of America Corporation
9.75
+ 1.56
9.78
9.78

Bearish

CAT – Caterpillar Inc
104.26
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Forex Trading On Thursday, March 29, 2012

Posted: 28 Mar 2012 06:03 AM PDT

By ForexMansion.com

The Trend Trader for Forex
For Trading On Thursday, March 29, 2012

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0386
− 0.67
1.0464
1.0479

Bearish

EURUSD – Euro / US Dollar
1.3316
− 0.01
1.3322
1.3231

Neutral

GBPUSD – British Pound / US Dollar
1.5887
− 0.39
1.5925
1.5853

Neutral

USDCAD – US Dollar / Canadian Dollar
0.9982
+ 0.31
0.9950
0.9956

Bullish

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

The Trend Trader For Futures Trading On Thursday, March 29, 2012

Posted: 28 Mar 2012 06:03 AM PDT

By ForexMansion.com

The Trend Trader for Futures
For Trading On Thursday, March 29, 2012

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Jun ESM2
1400.25
− 0.44
1406.64
1394.17

Neutral

Dow Jones – Jun YMM2
13053
− 0.54
13128
13057

Bearish

Nasdaq – Jun NQM2
2768.00
− 0.28
2769.97
2725.83

Neutral

Russell – Jun TFM2
830.70
− 0.79
837.94
826.70

Neutral

INTEREST RATES

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

Who Will The Next President Be?

Posted: 27 Mar 2012 10:00 PM PDT

Millions of people around the world are heading to the polls this year, with plenty of pivotal presidential elections taking place. Along with potentially more than 100 million eligible voters in America electing a president in November, countries such as France, Venezuela and Kenya also hold presidential elections.
A few have already taken place this year. In January, incumbent president Ma Ying-jeou was reelected in Taiwan. According to a Financial Times article, he was the preferred … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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