DailyMarkets.com - Discover Beats On Volume Growth

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• Discover Beats On Volume Growth
• FPMI: CardioPET Phase 2 Trials Initiated
• Arrow Ties With ILS Tech.
• Wal-Mart To Lure Angry Birds Fans
• WPPGY’s JWT To Acquire Converge
• GM To Invest In Australia
• More On Domestic Energy Boom And New Industrial Revolution As N. America Becomes New Middle East
• Global Slowdown Fears Outweigh US Data
• Allos Upped To Outperform
• Brightpoint To Increase Supply Chain
• Fluor Reiterates At Neutral
• Leading Economic Index Improves In February
• A New Industrial Revolution From Oil And Gas Production In North America: The New Middle East
• Jobless Claims Adjusted For The Employment Level
• Zynga Acquires OMGPOP
• Poor Economic Data Hits Euro
• FPMI: CardioPET Phase 2 Trials Initiated
• ConAgra Beats On Margin Management
• Chinese And European Data Pummel Risk-Appetite, Commodity Currencies
• Raytheon Boosts Shareholder Return
• Stock Market News Briefs: On Assignment, Hartford Financial Services Group, Netflix, Oracle Corporation
• Jobless Data Shows U.S. Decoupling
• ATVI Launches MW3 DLC
• Temodar Generic Cleared Down Under
• Stocks Falling On Slower China Growth
• Home Depot Still Trying Its Luck
• Diamond Shelves Dividend Payout
• HCP To Offer Common Shares
• The Integrity Of The Game

Discover Beats On Volume Growth Posted: 22 Mar 2012 09:05 AM PDT Discover Financial Services (NYSE:DFS) reported first-quarter earnings per share of $1.18, substantially ahead of the Zacks Consensus Estimate of 92 cents as well as 84 cents recorded in the year-ago quarter. Net income spiked 35.7% year over year to $631 million from $465 million. Net income allocated to common shareholders also surged to $624 million from $459 million in the year-ago quarter. The surge in profits was buoyed by sales volume growth, complemented by higher interest income, reduced … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

FPMI: CardioPET Phase 2 Trials Initiated Posted: 22 Mar 2012 09:04 AM PDT FPMI: CardioPET Phase 2 Trials Initiated Brian Marckx, CFA 2011 10-K Filed FluoroPharma (FPMI) filed their 10-K for the fiscal year ending December 31, 2011 on March 16th.  Operating expenses were approximately $870k and $3.4 million for the fourth quarter and full year respectively, compared to $380k and $890k for the year earlier periods. Net loss to common (includes the $977k accrued preferred stock dividends expense) and EPS were $4.4 million and ($0.25) in 2011 compared to $954k … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Arrow Ties With ILS Tech. Posted: 22 Mar 2012 08:55 AM PDT Recently announced, Arrow Electronics (NYSE:ARW) signed a distribution contract with ILS Technology. This agreement will add the latter company's deviceWISE M2M Application Platform and deviceWISE M2M Deployment Kit to Arrow's product database. Arrow has remained consistently progressive with regard to enhancing its existing offerings with Machine-to-Machine (M2M) solutions. By adding these ILS Technology solutions to its line card offerings in the Americas, Arrow will make the programming … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wal-Mart To Lure Angry Birds Fans Posted: 22 Mar 2012 08:40 AM PDT Finland based Rovio Entertainment Ltd., the maker of Angry Birds mobile game has joined hands with retail giant Wal-Mart Stores, Inc. (NYSE:WMT) to bring the popular game to its stores and on its facebook site. Cashing in on the popularity of the mobile game, Wal-Mart will provide its customers access of the four special clues to clear the bonus levels of the latest version of the game – Angry Birds Space. Wal-Mart has started offering the first of the four 'Golden Eggsteroid' clues to its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

WPPGY’s JWT To Acquire Converge Posted: 22 Mar 2012 08:25 AM PDT Advertising titan, WPP plc (NASDAQ:WPPGY) via its global advertising and communications subsidiary, JWT, recently signed an agreement to subscribe for new shares of Pakistan-based, Converge Technologies Pvt. Limited. The company seeks a minority stake in Converge and aims to capitalize on its expertise in technology-based marketing solutions and digital marketing services. Converge will be providing 360 degree activation, digital content marketing, customized applications for SMS, interactive voice … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GM To Invest In Australia Posted: 22 Mar 2012 08:15 AM PDT General Motors Co. (NYSE:GM) announced that it will invest A$1 billion ($1.04 billion) in its subsidiary GM Holden in Australia over the next decade with A$275 million ($286 billion) support from the national and two state governments in the country. The investment will secure the jobs of 12,000 employers at GM Holden's car manufacturing plant in Adelaide and engine manufacturing plant in Victoria. Consequently, it will also save many manufacturing jobs in the components sector. GM Holden, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

More On Domestic Energy Boom And New Industrial Revolution As N. America Becomes New Middle East Posted: 22 Mar 2012 08:09 AM PDT Larry Kudlow interviewed Ed Morse last night on The Kudlow Report, watch the segment above, where Citigroup’s head of global commodities says the United States is on the verge of a new industrial revolution as the result of a domestic energy boom.  "There's no doubt that we're seeing an industrial revolution — a reindustrialization of the United States — taking place because of the shale revolution taking place lowest, because we have the lowest natural gas prices … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Global Slowdown Fears Outweigh US Data Posted: 22 Mar 2012 08:08 AM PDT 03/21/12 Wall Street extended losses as worries about a slowdown overseas weighed on risk appetite. US economic data came in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Allos Upped To Outperform Posted: 22 Mar 2012 07:55 AM PDT We recently upgraded our recommendation on Allos Therapeutics Inc. (NASDAQ:ALTH) to Outperform with a target price of $1.75.  We believe that the stock is undervalued at current levels. Allos, a Westminster, Colorado based company, announced decent fourth quarter and full year 2011 results in March 2012.  The company suffered a loss of $0.01 per share in the quarter, narrower than the year-ago loss of $0.17 and the Zacks Consensus loss estimate of $0.08. A surge in revenues coupled with … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Brightpoint To Increase Supply Chain Posted: 22 Mar 2012 07:55 AM PDT Recently, Brightpoint Inc. (NASDAQ:CELL) announced its plan to start supplying Research In Motion's (NASDAQ:RIMM) BlackBerry handsets and other related software and accessories to its Malaysian distributors. The company will not only distribute BlackBerry smartphones, but will also offer other logistic and supply chain expertise to its suppliers. Growing demand of BlackBerry devices in the middle-east Asia, especially in Malaysia, has prompted both Research In Motion and Brightpoint, to extend their … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Fluor Reiterates At Neutral Posted: 22 Mar 2012 07:55 AM PDT We recently maintained a Neutral recommendation on Fluor Corporation (NYSE:FLR). Fluor Corporation is a holding company that owns the stock of a number of subsidiaries. Acting through these subsidiaries, it is one of the largest professional services firms, providing engineering, procurement, construction and maintenance as well as project management services on a global basis. It serves a diverse set of industries worldwide including oil and gas, chemical and petrochemicals, transportation, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Leading Economic Index Improves In February Posted: 22 Mar 2012 07:55 AM PDT “The Conference Board Leading Economic Index (LEI) for the U.S. increased 0.7 percent in February to 95.5 (2004 = 100), following a 0.2 percent increase in January and a 0.5 percent increase in December (see chart above).” Said Ataman Ozyildirim, economist at The Conference Board: "Continued broad-based gains in the LEI for the United States confirm a more positive outlook for general economic activity in the first half of 2012, although still subdued consumer expectations and the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

A New Industrial Revolution From Oil And Gas Production In North America: The New Middle East Posted: 22 Mar 2012 07:40 AM PDT The U.S. could soon surpass Russia and Saudi Arabia in oil production according to Citi report Business Insider — “Oil and gas production in the United States and North America is going to skyrocket in the next 8 years due to strides in natural resource extraction, write Citi analysts in a report published yesterday. In fact, they went so far as to call North America “the new Middle East,” at least in terms of oil production. This—as well as a trend towards declining U.S. energy … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Jobless Claims Adjusted For The Employment Level Posted: 22 Mar 2012 07:17 AM PDT The Labor Department reported today that seasonally-adjusted initial jobless claims fell to a four-year low of 348,000 for the week ending 348,000, the lowest level since early March 2008. One problem comparing weekly jobless claims over time is that they are not adjusted for the increasing size of the economy, population, or labor force over time.  For example, following the 1981-1982 recession, jobless claims fell below 350,000 for the first time in January 1984 since before the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Zynga Acquires OMGPOP Posted: 22 Mar 2012 07:15 AM PDT Zynga Inc. (ZNGA) recently announced that it is acquiring its rival social game developer OMGPOP. Though the company did not provide any financial details, Reuters reported that Zynga is paying approximately $200.0 million for the deal. New York-based OMGPOP had started off as 'iminlikewithyou' in 2006, a social network where people could play games. The company launched its website OMGPOP.com in 2009 and currently has 40 employees. Till-date, OMGPOP has published 36 social games including … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Poor Economic Data Hits Euro Posted: 22 Mar 2012 02:00 AM PDT 03/22/12 The euro sold off Thursday morning following a disappointing eurozone economic … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

FPMI: CardioPET Phase 2 Trials Initiated Posted: 22 Mar 2012 06:50 AM PDT FPMI: CardioPET Phase 2 Trials Initiated Brian Marckx, CFA 2011 10-K Filed FluoroPharma (FPMI) filed their 10-K for the fiscal year ending December 31, 2011 on March 16th.  Operating expenses were approximately $870k and $3.4 million for the fourth quarter and full year respectively, compared to $380k and $890k for the year earlier periods. Net loss to common (includes the $977k accrued preferred stock dividends expense) and EPS were $4.4 million and ($0.25) in 2011 compared to $954k … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ConAgra Beats On Margin Management Posted: 22 Mar 2012 06:50 AM PDT On March 22, 2012, ConAgra Foods Inc. (CAG) reported third-quarter fiscal 2012 results, with diluted EPS (from continuing operations) of 65 cents, up 25% compared with 52 cents in the year-ago quarter.   This improvement in results reflect benefit from the company's total margin management efforts, including price increase in operating segments as well as cost savings. The results beat the Zacks Consensus Estimate of 49 cents.   Revenues   Net sales improved 7.4% from the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Chinese And European Data Pummel Risk-Appetite, Commodity Currencies Posted: 22 Mar 2012 06:48 AM PDT Fundamental Headlines - Jobless Claims in U.S. Fall to Lowest Level in Four Years – Bloomberg - Volcker says U.S. Needs Reforms in Finance, Government – Bloomberg - U.S. Exempts 11 States from Iran Sanctions; China, India Exposed – Reuters - China Factory Activity Slows, Stoking Market Fears – WSJ - Euro-zone Banks get Show of Faith – WSJ European Session Summary Risk sentiment has been badly bruised. Under pressure all week, the commodity currencies were beginning to stage a comeback … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Raytheon Boosts Shareholder Return Posted: 22 Mar 2012 06:35 AM PDT Raytheon Company (NYSE:RTN) has increased its dividend by 16%, bringing the annualized dividend to $2 per share from the previous payout of $1.72 per share. The 28 cent increase in the annual dividend reflects the company's focus on capital deployment and its commitment to shareholders. The company will now pay a quarterly dividend of 50 cents per share compared with the prior quarterly dividend of 43 cents per share. The hiked dividend will be paid on May 3, 2012, to shareholders of record at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Market News Briefs: On Assignment, Hartford Financial Services Group, Netflix, Oracle Corporation Posted: 22 Mar 2012 06:30 AM PDT     Netflix (NASDAQ:NFLX) announced that next year it would offer an original horror series, Hemlock Grove, starring Bill Skarsgard and Famke Janssen. Following the announcement, Netflix' shares jumped 4.4% to settle at $120.10 a share     Shares of Oracle Corporation (NASDAQ:ORCL) came down from its day's highs to end 2.3% lower yesterday, even though the company reported strong third-quarter results late Tuesday. Oracle posted quarterly earnings of $0.59 per share … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Jobless Data Shows U.S. Decoupling Posted: 22 Mar 2012 06:30 AM PDT This morning's economic data is giving investors the clearest possible evidence of divergence in global economic growth outlook, with the U.S. economy decoupling from Europe and China. We have another better-than-expected read on Initial Jobless Claims in the U.S., while readings of the manufacturing sector in China and Europe show contraction. The surprise factor in the European slowdown is limited since that region is widely believed to be already in a recession, but I suspect that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ATVI Launches MW3 DLC Posted: 22 Mar 2012 06:20 AM PDT Building on the stupendous success of Call of Duty Modern Warfare 3, Activision Blizzard Inc. (NASDAQ:ATVI) has released Call of Duty Modern Warfare 3 Content Collection #1, the new downloadable content pack on Xbox LIVE. Touted as the "biggest DLC pack ever for Call of Duty" by Activision publishing, it not only contains four new multiplayer maps, but also boasts of two new Special Ops Missions ("Black Ice" and "Negotiator"). This would be the first instance when a downloadable pack … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Temodar Generic Cleared Down Under Posted: 22 Mar 2012 06:06 AM PDT Perrigo Company (NASDAQ:PRGO) received some encouraging news recently when the Australian regulatory body (Australian Therapeutic Goods Administration) cleared Perrigo's generic version of Merck's (NYSE:MRK) oncology drug Temodar (temozolomide). The marketing approval for the drug was granted through an “Approval for Registration” letter. Through the letter, the Australian regulatory body also stated that Perrigo's generic version and its branded counterpart (Temodar) were found to be … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Falling On Slower China Growth Posted: 22 Mar 2012 01:00 AM PDT 03/22/12 US stock futures are falling following weak economic reports from China and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Home Depot Still Trying Its Luck Posted: 22 Mar 2012 05:55 AM PDT Home improvement chain store Home Depot Inc. (NYSE:HD) returns to San Francisco, after failing twice in a span of ten years, to get a foothold in the city. Home Depot recently filed an application with the city officials to construct a 120,000 square-feet store and a garden center on 7.9 acres industrial land in the Bayview District of San Francisco. The Home Depot store, located at 1901 Cesar Chavez Street, adjoins the Marin Street, Interstate 280, and the Evans Street. Situated across the FedEx … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Diamond Shelves Dividend Payout Posted: 22 Mar 2012 05:35 AM PDT Call it mounted trouble or relief for the distressed snack maker, Diamond Foods Inc. (NASDAQ:DMND), who announced the suspension of its quarterly dividend to seek access to extended credit from bankers. Yesterday, Diamond Foods, entered into a new agreement with its lenders allowing the company to access funds for an extended period through June 18, 2012. This extension bestows an opportunity upon Diamond Foods to repay loans while also making efforts to further strengthen its balance sheet. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

HCP To Offer Common Shares Posted: 22 Mar 2012 05:25 AM PDT HCP Inc. (NYSE:HCP), the largest medical real estate investment trust (REIT) in the U.S., has recently announced a secondary offering of 9 million common shares. The company will also grant the underwriters an option to purchase an additional 1.35 million shares to cover any over-allotments. HCP anticipates raising approximately $295.5 million of proceeds from the equity offer. The company intends to utilize the proceeds to redeem all the outstanding shares of its 7.25% 'Series E Cumulative … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Integrity Of The Game Posted: 22 Mar 2012 03:31 AM PDT The penalties handed out by NFL Commissioner Roger Goodell to the coaches and executives of the New Orleans Saints organization for the bounty program practiced down on the bayou were perhaps the stiffest in the history of the game. Goodell has shown himself to be a no-nonsense individual cut from the mold of Kenesaw Mountain Landis. Goodell is clearly focused on the protecting the sport and knows that any program which promotes an intent to injure renders modern day football to little more … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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