Friday, March 30, 2012

DailyMarkets.com - Citrix Systems Still In Neutral Zone

DailyMarkets.com - Citrix Systems Still In Neutral Zone


Citrix Systems Still In Neutral Zone

Posted: 30 Mar 2012 09:50 AM PDT

Citrix Systems Inc. (NASDAQ:CTXS) declared strong financial results for the fourth quarter of 2011, beating the Zacks Consensus Estimates. Global trends toward virtualization and cloud computing are facilitating Citrix to report impressive results. As a leading provider of enterprise software with desktop virtualization at its core, the company will benefit from the latest trend of globalization.
We believe the virtualization market will continue to flourish in the near future. Citrix's major … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Boeing 787 Orders Swell

Posted: 30 Mar 2012 09:35 AM PDT

The international commercial airplane producer, The Boeing Co. (NYSE:BA) announced that it received orders for two 787-9 from Air New Zealand. The order for the two airplanes is valued at $455.6 million at list prices.
Air New Zealand booked its first two 787-9 airplanes on August 25, 2004. Subsequently, the carrier booked six more airplanes. The present booking takes the total count to 10.
Boeing's 787 variant is the first passenger jetliner manufactured mostly of lightweight and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Petaquilla Expects To Produce Gold & Silver From Spain In 2012

Posted: 30 Mar 2012 09:30 AM PDT

Petaquilla expects to produce gold & silver from Spain in 2012  
Steven Ralston, CFA

Yesterday, Petaquilla Minerals (T.PTQ, PTQ, PTQ.TO) hosted its traditional preliminary quarterly results conference call. Though production during the third fiscal quarter was below expectations due to an unanticipated four-month delay in the installation of a new Metso mobile crushing system at the Molejón project, management discussed the project to begin producing ore at the Lomero-Poyatos … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Management Change At Endo Pharma

Posted: 30 Mar 2012 09:20 AM PDT

Endo Pharmaceuticals Holdings Inc. (NASDAQ:ENDP) recently announced a change in its management team. The company announced that Mr. Tony Bihl, the man at the helm of Endo devices operating company (a wholly-owned subsidiary of Endo Pharmaceuticals Holdings), will quit in July 2012. Endo Pharma is currently on the lookout for Mr. Bihl's successor.
Mr. Bihl joined Endo Pharma in June 2011 following the purchase of pelvic health company, American Medical Systems, in the capacity of group president. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Tyler Cowen On Economic Blogging

Posted: 30 Mar 2012 09:17 AM PDT

Cartoon Of The Day

Posted: 30 Mar 2012 09:11 AM PDT

By John Deering.

Current Intrade odds are almost 2-to-1 that the individual mandate will be declared … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


NYSE To Inaugurate Liffe Clearing

Posted: 30 Mar 2012 09:05 AM PDT

On Wednesday, NYSE Euronext Inc. (NYSE:NYX) announced its intention of building clearinghouse – NYSE Liffe Clearing – in London that should be operational between the second and third quarters of 2013. This is a significant attempt to erect an exchange entity on a vertical clearing model.
Initially, NYSE projects to commence the clearing of derivative contracts, while the equity trades will still be cleared by LCH.Clearnet, which cleared all of the company's trades until now, for the time … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Oracle Set To Acquire ClearTrial

Posted: 30 Mar 2012 08:55 AM PDT

Oracle Corp. (ORCL) recently announced its intention of acquiring clinical trial operations (CTO) software developer ClearTrial. However, terms of the deal were not disclosed. The acquisition is expected to be completed in the first half of 2012.
Based in Chicago, Illinois, ClearTrial develops cloud-based CTO software that helps biopharmaceutical and medical companies to run clinical trials of new drugs. ClearTrial will be integrated into Oracle's cloud based Health Sciences Suite, which … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Reiterate Neutral On Acxiom

Posted: 30 Mar 2012 08:40 AM PDT

Acxiom Corporation (NASDAQ:ACXM) seems to be moving through a dynamic shift towards its core competency segments as desired by the new management team. However, a couple of existing downsides linger which make us reiterate our Neutral recommendation on its stock presently.
A decision had been taken with regard to steering the company's focus towards its core competency areas previously. It is praiseworthy that Acxiom has already started implementing strategies addressing the company's focus. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


RF Micro Enhances LG Optimus

Posted: 30 Mar 2012 08:25 AM PDT

RF Micro Devices Inc. (NASDAQ:RFMD) recently announced that LG has chosen RF Micro to provide various components for LG's Optimus 4X HD and Optimus 3D Max smartphone devices. This would not only enhance the mobile phone and Wi-Fi component segments of RF Micro but also ossify its existing bonds with LG.
The company provides a PowerSmart component along with a Wi-Fi power component that supports the LG smartphones. These not only allow the mobile devices to be thinner in size but also reduce … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Wall Street On Track For Strong Quarter

Posted: 30 Mar 2012 08:20 AM PDT

03/30/12 US stocks opened higher, heading into the final session for Q1 2012. Consumer sentiment topped expectations, while Chicago PMI and personal income came in slightly below … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


US Court Rejects AstraZeneca’s Case

Posted: 30 Mar 2012 08:15 AM PDT

Recently, AstraZeneca (NYSE:AZN) announced that US District Court for the District of Columbia has dismissed the lawsuit filed by the company against the US Food and Drug Administration (FDA).
AstraZeneca had taken legal action against the FDA, challenging the agency's decision to reject AstraZeneca's Citizen Petitions.
The Citizen Petitions were filed by the company for Seroquel (quetiapine fumarate) and Seroquel XR. The Citizen Petitions were filed to bar the FDA from approving any generic … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Restuarant Index Expands In Feb. For 4th Month

Posted: 30 Mar 2012 08:08 AM PDT

“Bolstered by positive same-store sales and traffic results and an optimistic outlook among restaurant operators, the National Restaurant Association's Restaurant Performance Index (RPI) remained above 100 for the fourth consecutive month in February. The RPI – a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry – stood at 101.9 in February, up 0.6 percent from January's level of 101.3 (see chart). In addition, the RPI stood solidly above … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Whose Recovery?

Posted: 30 Mar 2012 08:03 AM PDT

Luxury retailers are smiling. So are the owners of high-end restaurants, sellers of upscale cars, vacation planners, financial advisors, and personal coaches. For them and their customers and clients the recession is over. The recovery is now full speed.
But the rest of America isn't enjoying an recovery. It's still sick. Many Americans remain in critical condition.
The Commerce Department reported Thursday that the economy grew at a 3 percent annual rate last quarter (far better than the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Friday Morning Links

Posted: 30 Mar 2012 07:55 AM PDT

Originally sent out through my Twitter account:

1. From BBC News, 2012 Marks the 50th Anniversary of Breast Implants, First Operation Was Spring 1962.

2.  Real estate market is booming in Cuba after home buying and selling are now allowed for the fist time since 1959.

3. Canada to Eliminate Penny From Circulation This Year and Save $11m Annually, All Prices Rounded to Nearest Nickel.

4. 30-Year Mortgage Rates Fall Back Below 4% This Week. 

5. Western Governors University Sets … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Aussie Slammed By PBoC Comments – Is China In Trouble?

Posted: 30 Mar 2012 07:15 AM PDT

Fundamental Headlines
- Consumer Spending in U.S. Climbs 0.8%, More than Forecast – Bloomberg
- Lacker Sees 2% to 3% Economic Growth in U.S. this Year – Bloomberg
- Japan Goes Off Script at Nuclear Summit to Slam North Korea – Reuters
- Bundesbank Rejects Weak Euro-zone Bonds – WSJ
- Euro-zone Raises Crisis Firewall Ceiling to €700 Billion – WSJ
European Session Summary
It's hard to say if trade ahead of the U.S. cash open was positive or negative for risk-trends; the Dow Jones … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Crude Up On Euro-zone Hopes, Weaker Dollar‎

Posted: 30 Mar 2012 07:00 AM PDT

03/30/12 Oil futures were higher Friday on renewed buying appetite amid a weaker dollar and hopes a euro-zone finance ministers meeting will help stem the region’s sovereign debt … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


US Stock Futures Higher

Posted: 30 Mar 2012 01:00 AM PDT

03/30/12 US stock index futures were higher on Friday as bargain hunters entered the market following a series of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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