Friday, March 23, 2012

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%

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.
The company also surpassed $1 billion in sales for the first time in fiscal 2011.
Lifestyle Brand
As Momentum Stock Strategist Jared Levy wrote on February 1, lululemon is not only a retailer of Yoga and athletic attire, but their company is firmly entrenched in the culture of the people they sell to. They are … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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.
Additionally, a dividend increase and share buyback have also injected optimism. The company has a strong inorganic growth … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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.
The sole reason for this dismal condition is the sheer increase of newbuild ships under operation, which resulted in intense price competition. The spot rates of drybulk vessels have fallen to such low levels that even … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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.
The company delivered a stellar 9% increase in February same-store sales on the heels of a very solid fourth quarter report. And analysts once again raised their estimates going forward, sending the stock to a Zacks #2 Rank (Buy).
Company Description
TJX is an off-price retailer that sells name-brand goods at significant … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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).
Company Description
SodaStream International Ltd. engages in the development, manufacture, and marketing of home beverage carbonation systems and related products. Its home beverage carbonation systems enable consumers to transform ordinary tap water into carbonated soft drinks and sparkling water. The company sells its products under … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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