DailyMarkets.com - Life Unveiled Ion Proton In India

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• Life Unveiled Ion Proton In India
• KB Home Selects Preferred Lender
• United Pacific Sees Lower Coal Vol
• Sunoco Uplifts Eagle Point
• NuStar Still At Neutral
• Air Traffic Rises In February
• Wal-Mart Goes Disc-to-Digital
• Markets In Everything: College Price Discrimination
• SYMC’s New Data Management Offering
• Stress Free Wells Fargo Ups Dividend
• Johnson Controls Hikes Battery Price
• Stress Test Result Disappoints Citi
• JDS Uniphase Remains Neutral
• Norway Central Bank Cuts Policy Rate 25bps To 1.50%
• Marsh & McLennan Agency Buys KSPH
• How Low Can Natural Gas Prices Go?
• AmEx To Raise Investor Wealth
• EA Launches FIFA Street
• Stock Market News Briefs: Safe Bulkers, Inc, Urban Outfitters, U.S. Bancorp, Great Wolf Resorts
• ESRX-MHS To Merge Next Quarter
• Good News All Around
• Netflix Takes Just For Kids To PS3
• Dr. Reddy’s Launches Geodon Generic
• Chesapeake To Build $900M Complex
• Boston Properties Acquires Assets
• BioMarin Raised To Neutral
• Decent 2Q Numbers For FactSet
• UFPI Rated Underperform
• MICROS Earns Simphony Project
• Coca-Cola Issues Notes
• Stockpiles And Saudi Pledge Calms Oil Prices
• US Stocks Pause After Rally, Bank Stress Tests
• With Car Sales Surging, Auto Parts Suppliers In Michigan Are Booming, Adding Thousands Of Jobs
• Dollar Rise Continues
• Kiwi Falls, U.S. Dollar Rallies As Market Shrugs Off Fed’s Stress Tests
• Creative Destruction: $7 IPad App Replaces $15,000, 20 Pound Communication Device
• Goldman’s Greg Smith Skewers Firm, Airs Dirty Laundry
• US Stock Futures Trade Around Flatline After Fed’s Stress Tests
• Chart Of The Week: The World’s Infrastructure Plans

Life Unveiled Ion Proton In India Posted: 14 Mar 2012 11:50 AM PDT Last week, Life Technologies (LIFE) introduced the new Benchtop Ion Proton sequencer in India. The significance of the emerging markets cannot be over-emphasized for companies like Life Tech.  As a result of its increasing focus on the emerging markets, this region now accounts for approximately 10% of total sales. Earlier this year, the company had unveiled the Benchtop Ion Proton sequencer at the Consumer Electronics Show in Las Vegas. The company is already taking orders for the same, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

KB Home Selects Preferred Lender Posted: 14 Mar 2012 11:35 AM PDT Leading homebuilder KB Home (NYSE:KBH) announced signing of an agreement with Texas based premier mortgage services provider Nationstar Mortgage. Per the terms of the agreement, Nationstar will become KB Home's preferred mortgage lender for its customers. Nationstar will provide KB Home's customers a wide range of financing and loan products in all of the homebuilder's communities in the US. The latest agreement is another step taken by KB Home to lure customers in the still fragile housing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

United Pacific Sees Lower Coal Vol Posted: 14 Mar 2012 11:20 AM PDT The U.S. railroad giant Union Pacific Corp. (NYSE:UNP) expects unusually warm weather to hurt coal shipments in the ongoing quarter ending March 31. While the company expects a 7% drop in coal volumes, its chemical shipments are expected to grow 9–10% in the first quarter. Overall shipments have shown an increase of 2% so far in the year. We expect the trend of overall volume growth to continue throughout the year especially in business groups including automotive, chemicals, energy and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sunoco Uplifts Eagle Point Posted: 14 Mar 2012 11:05 AM PDT Sunoco Inc. (NYSE:SUN) announced plans to boost the storage capacity of the Eagle Point Terminal in Westville, New Jersey, in order to ensure a stable supply of refined products in the region. The Eagle Point refinery, which has 3 million barrels of active storage, will have an additional capacity of 2 million barrels in 2012. The unit will still have more storage capacity available to return to service. Sunoco also expanded Eagle Point’s deep water marine docks to handle large tankers of 600,000 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

NuStar Still At Neutral Posted: 14 Mar 2012 10:50 AM PDT We are maintaining a Neutral rating on NuStar Energy, L.P. (NYSE:NS) shares based on its strong asset base and high product sales, partially offset by dull fourth quarter 2011 results. NuStar Energy, a master limited partnership (MLP), boasts of a diversified asset base and robust distribution-growth prospects. A strong pipeline of organic growth projects and contribution from acquisitions provide the partnership with an above peer-group average distribution coverage ratio. During 2011, NuStar … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Air Traffic Rises In February Posted: 14 Mar 2012 10:35 AM PDT February was a busy month for air carriers, with traffic showing an increase. Airline traffic is measured in billions of revenue passenger miles (RPM), or revenue generated per mile per passenger. Consolidated February traffic increased 3.4% at the largest U.S. airline United Continental Holdings Inc. (UAL). Both international and domestic traffic registered positive changes, with increases of 1.6% and 3.5%, respectively. Capacity (or available seat miles) also increased 5.4% year over year. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wal-Mart Goes Disc-to-Digital Posted: 14 Mar 2012 10:20 AM PDT Retail giant Wal-Mart Stores Inc. (NYSE:WMT) has unveiled an in-store service to allow consumers to convert DVDs and Blu-ray discs into digital movies in order to boost up the value of movie ownership for its customers. The service will start from April 16, and Wal-Mart will offer this service at 3,500 of its stores at only $2 for the conversion of standard DVDs and Blu-ray discs and $5 for any upgradation of standard DVDs to High-Definition (HD). Accordingly, Wal-Mart will team up with five major … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Markets In Everything: College Price Discrimination Posted: 14 Mar 2012 10:12 AM PDT Santa Monica College to offer two-tier course pricing:  “The school’s governing board has approved a plan to offer certain high-demand classes for a higher price when the regular classes have filled up. It’s believed to be the first such scheme in the nation. Faced with deep funding cuts and strong student demand, Santa Monica College is pursuing a plan to offer a selection of higher-cost classes to students who need them, provoking protests from some who question the fairness of such a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

SYMC’s New Data Management Offering Posted: 14 Mar 2012 10:06 AM PDT Internet security major Symantec Corporation (NASDAQ:SYMC) recently came out with the latest version of Symantec Data Insight 3.0, which will improve information management and facilitate the usage of unstructured data such as documents, presentations, spreadsheets and emails. The improved version of Symantec Data Insight 3.0 will help organizations to enhance their storage operations, transforming their information governance processes, and thereby, help companies to better manage costs, reduce … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stress Free Wells Fargo Ups Dividend Posted: 14 Mar 2012 10:00 AM PDT Wells Fargo & Company (NYSE:WFC) has passed the stress test of the Federal Reserve with flying colors. The company is also enhancing its shareholder wealth by almost doubling its dividend. Wells Fargo's capital plan including dividend increase and other capital actions were submitted to the Fed in January this year. The Fed did not object to its capital plan and therefore, the company could increase its quarterly dividend by 10 cents. Earlier in January, the company announced a dividend of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Johnson Controls Hikes Battery Price Posted: 14 Mar 2012 09:55 AM PDT Johnson Controls Inc. (NYSE:JCI) raised the prices of lead-acid batteries by 8% sold in the U.S. and Canada in order to support increased investments for meeting environmental, health and safety standards. The new price will be applied for orders starting on May 1, 2012. The company has last raised the price of its batteries by 5%–9% in April last year on the back of rising raw material prices and delivery costs. Johnson Controls continued to invest in upgrading its manufacturing facilities … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stress Test Result Disappoints Citi Posted: 14 Mar 2012 09:55 AM PDT The stress test results are out and it has been a disappointing one for Citigroup Inc. (NYSE:C). The company could not manage to pass the stress test with its proposed plan to return capital to shareholders. According to its press release, though Citi satisfied the stress test requirements, the Fed has objected to its plan to deploy capital to shareholders. As a result, Citi will need to submit a revised capital plan to the Fed later this year. Citi can, however, continue with its existing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

JDS Uniphase Remains Neutral Posted: 14 Mar 2012 09:55 AM PDT JDS Uniphase Corp. (NASDAQ:JDSU) reported solid financial results for the second quarter of fiscal 2012, easily beating the Zacks Consensus Estimates. Despite this, management has projected a disappointing revenue figure for the ensuing second quarter of fiscal 2012. The company cited three reasons for this weak outlook. These are: (1) precipitous macro-economic fluctuations (2) short-term inventory correction on the part of its customers and (3) a weak seasonality generally associated with the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Norway Central Bank Cuts Policy Rate 25bps To 1.50% Posted: 14 Mar 2012 09:55 AM PDT Norway’s central bank, Norges Bank, cut its key monetary policy rate by 25 basis points to 1.50% from 1.75% previously.  The Bank’s Governor, Oystein Olsen, said: “The continuing downturn abroad and the strong krone are contributing to keeping inflation low and are weighing on growth in Norway. Against this background, the Executive Board has decided to reduce the key policy rate.”  Further noting: “The current outlook suggests that the key policy rate may remain low longer … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Marsh & McLennan Agency Buys KSPH Posted: 14 Mar 2012 09:27 AM PDT Expanding its employee benefits coverage, yesterday, Marsh & McLennan Companies Inc.'s (NYSE:MMC) Marsh & McLennan Agency LLC (MMA) announced the acquisition of a leading Virginia-based KSPH LLC. However, the terms and financials of the deal remain concealed. MMA is a subsidiary of MMC's leading insurance brokerage wing – Marsh Inc. Armed with $5 million in annual revenue, KSPH taps middle market clients to offer an array of employee benefits and retirement plan services. Post the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

How Low Can Natural Gas Prices Go? Posted: 14 Mar 2012 09:23 AM PDT Wednesday, March 14, 2012 With May Natural Gas trading near 10-year lows, the market may be vulnerable to a large price move, either collapsing below support at 2.000 or a major short-covering rally potentially reaching chart resistance near 3.000. Some traders who may be anticipating a large price move or a jump in volatility may wish to explore the purchase of a just-out-of-the-money strangle in Natural Gas futures options. For example, with May Natural Gas trading at 2.340 as of this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AmEx To Raise Investor Wealth Posted: 14 Mar 2012 09:16 AM PDT Basking after an impressive quarter, American Express Co. (NYSE:AXP) (AmEx) announced its intention of buying back shares worth $5 billion within two years, besides initiating about an 11% hike in its regular dividend to 20 cents from the prior 18 cents. The resolution of a hefty buyback and dividend hike comes after the US Federal Reserve (Fed) passed most of the banks in the annual capital stress-test yesterday, with flying colours. Accordingly, the Fed appeared satisfied about the capital … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EA Launches FIFA Street Posted: 14 Mar 2012 09:03 AM PDT Electronic Arts Inc. (EA) recently released FIFA Street, the latest game from the FIFA Soccer franchise. The game captures the essence of "the beautiful game", ala street style. The game can be played on Sony Corp.'s (NYSE:SNE) PlayStation3 and Microsoft Corp.'s (NASDAQ:MSFT) XBox 360. FIFA Street, as the name implies, gives the gamers a chance to test their street football skills in 35 locations around the world with different modes (Panna Rules, Last Man Standing and World Tour story mode). … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Market News Briefs: Safe Bulkers, Inc, Urban Outfitters, U.S. Bancorp, Great Wolf Resorts Posted: 14 Mar 2012 09:03 AM PDT     Shares of Urban Outfitters, Inc. (NASDAQ:URBN) plunged 5.3% after the company reported fourth quarter earnings of $0.27 per share that lagged the Zacks Consensus Estimate of $0.30     According to reports, U.S. Bancorp (NYSE:USB) is set to increase its annual dividend by $0.28 to $0.78 and will also buyback shares worth $100 million     Apollo Global Management, LLC (APO) announced that it will acquire Great Wolf Resorts, Inc. (NASDAQ:WOLF). … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ESRX-MHS To Merge Next Quarter Posted: 14 Mar 2012 09:02 AM PDT Investors will have to wait a little longer to see Express Scripts Inc. (NASDAQ:ESRX) and Medco Health Solutions, Inc. (NYSE:MHS) complete their merger, as the two companies recently agreed to extend their merger-closing date. According to the Hart-Scott-Rodino Act, the waiting period for the merger expired on March 12, 2012. However, the companies have decided to work with the US Federal Trade Commission (FTC) and plan to close the merger by early second quarter 2012. We note that in July 2011, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Good News All Around Posted: 14 Mar 2012 09:02 AM PDT With nothing major on the economic calendar, todays market action will likely reflect follow-through optimism from Tuesday's strong rally that was triggered by a combination of positive bank 'stress test' results and favorable economic data. The Fed's relatively positive assessment of the economy, coupled with its reiteration of the commitment to keep the easy-money policy in place through late 2014, added to the overall positive mood in the market. While Citigroup (NYSE:C) was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Netflix Takes Just For Kids To PS3 Posted: 14 Mar 2012 09:02 AM PDT To maintain its popularity among kids, Netflix Inc. (NASDAQ:NFLX) has added Sony Corp.'s (NYSE:SNE) PlayStation 3 (PS3) to the list of devices to stream TV shows and films for the "Just for Kids" category. Netflix's streaming services are already available on Nintendo's Wii game console. "Just for Kids", as the name implies, is targeted at children aged 12 and under. Netflix has recognized that kids are among the keenest viewers of TV shows and films. This was evident from the fact that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dr. Reddy’s Launches Geodon Generic Posted: 14 Mar 2012 09:02 AM PDT Dr. Reddy's Laboratories (NYSE:RDY) recently announced the US launch of its generic version of Pfizer Inc.'s (NYSE:PFE) antipsychotic drug, Geodon (ziprasidone). Earlier this month, the US Food and Drug Administration (FDA) had approved Dr. Reddy's abbreviated new drug application (ANDA) for the generic drug. Geodon is approved for the treatment of schizophrenia and bipolar disorder. According to IMS Health, US sales of Geodon amounted to about $1.34 billion for the twelve months ended December … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Chesapeake To Build $900M Complex Posted: 14 Mar 2012 09:02 AM PDT Natural gas producer Chesapeake Energy Corporation (NYSE:CHK) – through its affiliate Chesapeake Midstream Development, L.P. ("CMD") – has joined hands with M3 Midstream LLC (aka Momentum) and EV Energy Partners, L.P. (NASDAQ:EVEP), to build a large midstream services complex for approximately $900 million in eastern Ohio. The complex, to be located in Columbiana County, will provide the required infrastructure to service production from the resource rich Utica shale. The cryogenic unit will … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Boston Properties Acquires Assets Posted: 14 Mar 2012 09:02 AM PDT Boston Properties, Inc. (BXP) recently announced that it has closed the acquisition of 100 Federal Street in Boston, Massachusetts for a total consideration of $615.0 million. The property was bought from an affiliate of Bank of America and the company has also entered into a long-term lease for approximately 787,000 square feet of space with the affiliate. Boston Properties funded the acquisition through cash and the company expects to incur $700,000 in acquisition-related costs, which will be … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BioMarin Raised To Neutral Posted: 14 Mar 2012 09:02 AM PDT We recently upgraded our recommendation on BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) to Neutral from Underperform owing to the impressive sales of the company's key drugs and diversified pipeline. Even though BioMarin suffered a wider loss in the fourth quarter of 2011, due to higher operating expenses, the key products of the company, namely Naglazyme and Kuvan, continued to perform well. Total revenue climbed 6.1% to $107.8 million in the final quarter of 2011. Expecting the trend to continue, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Decent 2Q Numbers For FactSet Posted: 14 Mar 2012 09:02 AM PDT FactSet Research (NYSE:FDS) reported second quarter 2012 earnings per share (EPS) of $1.05, ahead of the Zacks Consensus Estimate of $1.00. Revenue FactSet reported total revenue of $199.4 million in the second quarter of 2012, up 12.2% from $177.6 million delivered in the year-ago quarter. The company experienced strong growth in Annual Subscription Value (ASV), which is mostly derived from the company's buy-side clients and the remaining from the company's sell-side firms conducting M&A … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

UFPI Rated Underperform Posted: 14 Mar 2012 09:02 AM PDT Michigan-based, Universal Forest Products Inc.(NASDAQ:UFPI) was recently downgraded by us from Neutral to an Underperform recommendation. The company, of late, reported its fourth quarter 2011 results with break-even adjusted earnings per share, faring well against the year-ago reported loss of 9 cents and the Zacks Consensus Estimate of a 4 cent loss per share. Revenue also surged 11% in all segments, except the Residential Construction segment, which posted good results. The 2008 global economic … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MICROS Earns Simphony Project Posted: 14 Mar 2012 09:02 AM PDT Recently announced, MICROS Systems, Inc. (NASDAQ:MCRS) was awarded a project to provide its Simphony Enterprise Solution services at Wynn Las Vegas and Encore casino resort properties of Wynn Resorts. The task is due for completion on March 31, 2012. According to the contract, the company would replace its existing MICROS 9700 Hospitality Management System (HMS) and Legacy Point of Sale (POS) solutions with its Simphony Software as a Service (SAAS). This would cater to over 100 Wynn Revenue centers … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Coca-Cola Issues Notes Posted: 14 Mar 2012 09:02 AM PDT The Coca-Cola Company (NYSE:KO) has recently issued senior unsecured notes totaling $2.75 billion, with a 2-year, 3-year, and a 6-year tranche. Coca-Cola issued $1 billion floating rate notes due in 2014, and another $1 billion notes bearing a coupon of 0.75% due in 2015. The third notes issue for a principal aggregate amount of $0.75 billion carried a coupon of 1.65% due in 2018. Coca-Cola intends to utilize its proceeds to repay the outstanding commercial paper. In addition, Deutsche Bank AG … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stockpiles And Saudi Pledge Calms Oil Prices Posted: 14 Mar 2012 09:00 AM PDT 03/14/12 A rise in crude inventories and a pledge by Saudi Arabia to make up for global supply shortage has helped push crude oil prices slightly lower this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Stocks Pause After Rally, Bank Stress Tests Posted: 14 Mar 2012 08:20 AM PDT 03/14/12 US equity averages eked out a small gain in midweek trade, after rallying to its best day of 2012. The Federal Reserve’s bank stress test showed 15 of the 19 financial institutions would weather a financial … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

With Car Sales Surging, Auto Parts Suppliers In Michigan Are Booming, Adding Thousands Of Jobs Posted: 14 Mar 2012 08:06 AM PDT From Michigan Public Radio: “Detroit automakers are creating thousands of new jobs amid a sales boom. And as they expand, their suppliers are racing to keep up, adding tens of thousands of new jobs.  In a dramatic reversal, many suppliers, after improving efficiency — through downsizing and buyouts — find themselves short-handed. With the memory of the Great Recession still so fresh, companies are still wary about hiring too freely. But Sean McAlinden, economist with the Center for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dollar Rise Continues Posted: 14 Mar 2012 03:00 AM PDT 03/14/12 The dollar rise continued against both the euro and yen this morning following an upgraded Federal Reserve economic … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Kiwi Falls, U.S. Dollar Rallies As Market Shrugs Off Fed’s Stress Tests Posted: 14 Mar 2012 06:46 AM PDT Fundamental Headlines - Citigroup, SunTrust Banks Capital Plans Fail Fed Stress Tests – Bloomberg - Merkel Says Europe is 'Good Way' Up Mountain, Not over It – Bloomberg - China's Wen Bets Final Year on Reform Push – Reuters - Fed's Outlook a Tad Sunnier – WSJ - Wins in South for Santorum – WSJ European Session Summary With volatility on U.S. equity markets at an extremely low level, the stage has been set for a major rally is higher yielding currencies and risk-correlated … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Creative Destruction: $7 IPad App Replaces $15,000, 20 Pound Communication Device Posted: 14 Mar 2012 06:28 AM PDT Bloomberg — “Emma Edwards, 26, has no control over the fine motor muscles in her hands, which stay tightly and awkwardly clenched. She also can't talk, walk or move her arms more than 20 inches at a time. Edwards, who suffered brain damage in 2001, can write e- mails, though, and she's revisiting a favorite pastime, sketching, for the first time in a decade, thanks to her iPad and software applications that can cost as little as $7.   That's a switch from the $15,000 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Goldman’s Greg Smith Skewers Firm, Airs Dirty Laundry Posted: 14 Mar 2012 06:25 AM PDT Thanks to a regular reader for sharing a New York Times editorial which will captivate Wall Street today. Our friends at FINRA who may be faced with real backlash from the news spreading of their losing 8 hours of testimony in an arbitration case might want to buy lunch and dinner for Goldman Sachs (NYSE:GS)' senior executive Greg Smith. Perhaps I should say former senior executive Greg Smith as he admits that today will be his last day at the firm. What else does Mr. Smith have to say? A LOT … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Stock Futures Trade Around Flatline After Fed’s Stress Tests Posted: 14 Mar 2012 01:00 AM PDT 03/14/12 US stock market futures are little changed a day after stocks posted the biggest gains of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Chart Of The Week: The World’s Infrastructure Plans Posted: 13 Mar 2012 10:00 PM PDT Demand for access to basic needs, an emerging middle class and a never-ending use of global resources—these are the primary drivers of major infrastructure projects over the next several years, says GE. In its Investor Meeting last week, the firm highlighted a few macro slides on world growth. One slide pins major global infrastructure plans totaling $4 trillion over the next 2 to 20 years. Emerging markets across Africa, Asia, the Middle East and South America are overwhelmingly the ones … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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