DailyMarkets.com - Central Bank Of Iceland Hikes Rate 25bps To 5.00%
DailyMarkets.com - Central Bank Of Iceland Hikes Rate 25bps To 5.00% |
- Central Bank Of Iceland Hikes Rate 25bps To 5.00%
- Momentum Stock: Lululemon Athletica Inc.
- Bull Of The Day: Discover Financial Services (DFS)
- Bear Of The Day: Excel Maritime Carriers (EXM)
- Growth & Income Stock: The TJX Companies, Inc.
- Aggressive Growth Stock: SodaStream
Central Bank Of Iceland Hikes Rate 25bps To 5.00% Posted: 23 Mar 2012 01:33 AM PDT Iceland’s Sedlabanki raised its seven-day collateral lending rate 25 basis points to 5.00% from 4.75%. The Bank said: “The economic outlook is broadly in line with the Central Bank’s February forecast. The króna is weaker than in February, however, and the short-term inflation outlook has deteriorated somewhat from the forecast prepared at that time. Further ahead, there is the risk that inflation will remain above the Bank’s inflation target for a longer period than projected … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Momentum Stock: Lululemon Athletica Inc. Posted: 22 Mar 2012 11:00 PM PDT People continue to go coo coo for lulu. lululemon athletica inc. (NASDAQ:LULU) recently delivered outstanding fourth quarter results, including a remarkable 26% increase in same-store sales. |
Bull Of The Day: Discover Financial Services (DFS) Posted: 22 Mar 2012 11:00 PM PDT Discover Financial Services’ (NYSE:DFS) first quarter earnings was substantially ahead of the Zacks Consensus Estimate on higher transaction and credit card sales volumes and lower loan loss provisions, along with record-low delinquency and charge-off rates. Higher consumer spending and merchant acceptance contributed to the substantial expansion of income across segments. |
Bear Of The Day: Excel Maritime Carriers (EXM) Posted: 22 Mar 2012 11:00 PM PDT We downgrade our recommendation on Excel Maritime Carriers (NYSE:EXM) to Underperform ahead of its fourth quarter of 2011 financial results. We believe the drybulk shipping industry has a gloomy outlook, facing serious challenges since spot vessel rates collapsed significantly. |
Growth & Income Stock: The TJX Companies, Inc. Posted: 22 Mar 2012 11:00 PM PDT Despite fears of an improving domestic economy leading consumers away from value-oriented retailers, The TJX Companies, Inc. (NYSE:TJX), continues to deliver impressive results. |
Aggressive Growth Stock: SodaStream Posted: 22 Mar 2012 11:00 PM PDT SodaStream (SODA) has topped the Zacks Consensus Estimate in each of the last five quarters and has seen estimates increase. The stock is a Zacks #2 Rank (Buy). |
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