DailyMarkets.com - Netflix Reiterated At Neutral
DailyMarkets.com - Netflix Reiterated At Neutral |
- Netflix Reiterated At Neutral
- DaVita Collaborates With 3SBio
- Leap Wireless Remains Neutral
- Altera Narrows 1Q12 Guidance
- Precision Acquires RathGibson
- Free Radio Service For DTV Users
- RIMM Announces Paratek Acquisition
- Monetary Policy Week In Review – 10 March 2012
- Talisman To Shed Coal Assets
- Health Care REIT Reduces FFO Guidance
- Shire Initiates Trials For Vyvanse
- Navistar Loses $145 Million
- Northern Trust Grows UK Pension Biz
- General Dynamics Hikes Dividend
- Estee Lauder Slips To Neutral
- Kraft Foods Stays Neutral
- LabCorp To Make A Case At Miami Con
- Discover Signs Deal With Indian Co.
- S&P Ranks Tenneco Loans At BBB-
- Stocks End Higher For Third Straight Day
- Bank Indonesia Pauses BI Rate At 5.75%
- Google Play Competes With Apple
- Like You And Me
- Bank Negara Malaysia Holds Overnight Policy Rate 3.00%
- ConocoPhillips Stays At Neutral
- Earnings Preview: Urban Outfitters
- Fitch Affirms ACE’s Ratings
- Bank Of Canada Keeps Overnight Interest Rate At 1.00%
- Pepsi Steps Into US Dairy Market
- Simon Property To Issue Shares
- Central Reserve Bank Of Peru Keeps Rate At 4.25%
- Hewlett Packard Services In Demand
- Bank Of England Holds Rate At 0.50%, APP At 325B
- PPG Launches Nashville Collection
- Railroads See Drop In Carloads
- AmerisourceBergen Eyes World Courier
- National Bank Of Serbia Keeps Rate On Hold At 9.50%
- Statoil Plans To Electrify Fields
- BSX To Acquire Cameron Health
- U.S. Crude Supplies On The Rise
- Reserve Bank Of India Cuts Reserve Ratio 75bps To 4.75%
- Prices For Everything: Priceonomics
- Khan Academy: Model For Future Of US Education?
- More On Today’s Employment Report
- Ramp;D Breakthroughs Screen: Getting A Jump On The Growth Investors?
- The Trend Trader For Forex Trading On Monday, March 12, 2012
- The Trend Trader For Stock Trading On Monday, March 12, 2012
- The Trend Trader For ETF Trading On Monday, March 12, 2012
- The Trend Trader For Futures Trading On Monday, March 12, 2012
- And The 2012 Pritzker Prize Goes To…
Posted: 09 Mar 2012 04:05 PM PST We reiterate our long-term Neutral rating on Netflix Inc. (NASDAQ:NFLX) with a target price of $121.00. Netflix reported better-than-expected fourth quarter results, boosted by a higher subscriber base. On a sequential basis, Netflix added 600,000 subscribers in the fourth quarter of 2011, largely offsetting the loss of 800,000 subscribers in the third quarter. |
DaVita Collaborates With 3SBio Posted: 09 Mar 2012 03:50 PM PST In order to offer dialysis services in northeastern China, DaVita Inc. (NYSE:DVA) announced a joint venture with 3SBio Inc. (NASDAQ:SSRX), a China-based biotechnology company. The companies will jointly invest about $20 million in China, in the ratio of 7:3 (DaVita:3SBio). Additionally, the two companies have also inked a supply deal for anemia management drugs in China. |
Posted: 09 Mar 2012 03:50 PM PST Leap Wireless International Inc. (NASDAQ:LEAP) posted mixed financial results for the fourth quarter of 2011. Though EPS managed to beat the Zacks Consensus Estimates, revenue significantly fell below it. |
Posted: 09 Mar 2012 03:50 PM PST Altera Corporation (NASDAQ:ALTR) recently narrowed its guidance for the first quarter of 2012. |
Posted: 09 Mar 2012 03:50 PM PST Precision Castparts Corp. (NYSE:PCP) intends to acquire RathGibson, LLC, manufacturer of precision thin-wall, nickel-alloy and stainless steel welded and seamless tubing, specializing primarily in the length, wall thickness and diameter. |
Free Radio Service For DTV Users Posted: 09 Mar 2012 03:50 PM PST DIRECTV (NASDAQ:DTV) recently announced that it has struck a deal with Pandora Media, Inc (P), a provider of online radio services in the US. Following the deal, DIRECTV subscribers will enjoy free radio services. |
RIMM Announces Paratek Acquisition Posted: 09 Mar 2012 03:50 PM PST Research In Motion Ltd. (NASDAQ:RIMM) recently announced the acquisition of Paratek Microwave, Inc. for an undisclosed amount. The acquisition will help the company to offer mobile phones to its customers that reduces battery consumption as well as enhances the quality of incoming and outgoing calls. Additionally, it will also benefit the company to offer single handsets supporting different band of spectrums. |
Monetary Policy Week In Review – 10 March 2012 Posted: 09 Mar 2012 03:04 PM PST The past week in monetary policy and central banking saw just one central bank change interest rates, with Brazil cutting rates 75 basis points to 9.75%. Meanwhile those that held interest rates unchanged were: Australia 4.25%, Kenya 18.00%, Poland 4.50%, New Zealand 2.50%, EU 1.00%, UK 0.50%, Korea 3.25%, Serbia 9.50%, Peru 4.25%, Canada 1.00%, Malaysia 3.00%, and Indonesia 5.75%. The Reserve Bank of India also made headlines, cutting its Cash Reserve Ratio by 75 basis points to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 09 Mar 2012 02:40 PM PST Treading along with its divesture plan, Talisman Energy Inc. (NYSE:TLM) has agreed to sell its Sukunka coal property to Australia-based Xstrata Coal for $500 million in cash. The transaction is slated to be completed this month. |
Health Care REIT Reduces FFO Guidance Posted: 09 Mar 2012 02:40 PM PST Health Care REIT Inc. (NYSE:HCN), a real estate investment trust (REIT) that operates senior housing and health care real estate, has recently updated its recurring FFO (funds from operations) and FAD (funds available for distribution) guidance for fiscal 2012 to better reflect the effect of the just-concluded secondary offering and acquisitions closed till date in the first quarter. |
Shire Initiates Trials For Vyvanse Posted: 09 Mar 2012 02:40 PM PST Recently, Shire (NASDAQ:SHPGY) announced the initiation of two phase IV trials of Vyvanse (lisdexamfetamine dimesylate) capsules. Vyvanse is currently marketed for attention-deficit hyperactivity disorder (ADHD) in children, adolescents and adults in the US and Canada. The product is also marketed in the US as a maintenance treatment for ADHD in adults. |
Posted: 09 Mar 2012 02:30 PM PST Navistar International Corporation (NYSE:NAV) reported a loss of $145 million or $2.08 per share (excluding special items) in the first quarter of its fiscal year ended January 31, 2012 in sharp contrast to a profit of $12 million or 16 cents per share in the comparable quarter a year ago. The company's loss was broader than the Zacks Consensus Estimate of a loss of 25 cents per share. |
Northern Trust Grows UK Pension Biz Posted: 09 Mar 2012 02:20 PM PST Northern Trust Corporation's (NASDAQ:NTRS) has broadened its footprint in the UK pensions arena by adding $26 billion in assets under custody for new UK pension fund clients during 2011. This was driven by 13 significant new client wins. It included $5 billion Lothian pension fund, $7.5 billion Lancashire County Council and $2.4 billion SAUL (Superannuation Arrangements of University of London) Trustee Company. |
General Dynamics Hikes Dividend Posted: 09 Mar 2012 02:20 PM PST General Dynamics (NYSE:GD) has increased its quarterly dividend by 8.5%, thus raising its annualized dividend to $2.04 per share from the previous payout of $1.88 per share. |
Posted: 09 Mar 2012 02:15 PM PST We are downgrading our long-term recommendation on New York-based Estee Lauder Companies Inc. (NYSE:EL) from Outperform to Neutral. The downgrade is based on negative factors like lower sales in certain countries especially in Europe and currency headwinds, which affected the company's international performance. |
Posted: 09 Mar 2012 02:15 PM PST We maintain a Neutral rating on Kraft Foods Inc. (NYSE:KFT) following appraisal of fourth quarter and full year 2011 results. |
LabCorp To Make A Case At Miami Con Posted: 09 Mar 2012 02:15 PM PST Laboratory Corporation of America Holdings (NYSE:LH) will be present at the upcoming Barclays Capital 2012 Global Healthcare Conference in Miami Beach, Florida, on March 14, 2012. The company will be represented by its CEO David P. King at the conference. |
Discover Signs Deal With Indian Co. Posted: 09 Mar 2012 02:15 PM PST In order to expand its payment network in India, Discover Financial Services (NYSE:DFS) announced an agreement with National Payments Corporation of India ("NPCI"), the organization which covers all retail payment systems in India. Consequently, the company's Discover and Diners Club International ("DCI") cards will be accepted at all ATMs and point-of-sale terminals of NPCI in India. |
S&P Ranks Tenneco Loans At BBB- Posted: 09 Mar 2012 02:00 PM PST The U.S. based financial service company, Standard & Poor (S&P) Rating Services has assigned a "BBB-'' issue level rating on Tenneco Inc.'s (NYSE:TEN) proposed $700 million of revolving credit facility and $250 million of term loan A. The "BBB-'' rating reflects lowest investment grade by market participants. |
Stocks End Higher For Third Straight Day Posted: 09 Mar 2012 02:00 PM PST 03/09/12 Stocks closed modestly higher Friday after the government’s monthly report on employment lifted hopes that the economic recovery is on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Bank Indonesia Pauses BI Rate At 5.75% Posted: 09 Mar 2012 01:57 PM PST Indonesia’s central bank, Bank Indonesia, held the BI rate unchanged at 5.75%. The Bank said: “To control short-term temporary inflation pressure, the policy will be focused on strengthening monetary operation and managing short term excess liquidity. Besides strengthening policy coordination with the government at national level as well as at regional level through TPI and TPID forums. Although there is a tendency of inflation to go beyond the target due to temporary impact of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Google Play Competes With Apple Posted: 09 Mar 2012 01:55 PM PST Google Inc. (NASDAQ:GOOG) is doing all it can to build its position in the smartphone segment. What started out as a need to protect search market share has grown into a full-fledged war to gain supremacy in the space. Google's Android is not doing too bad, giving number one rival Apple Inc (NASDAQ:AAPL) a run for its money. |
Posted: 09 Mar 2012 01:47 PM PST Well, well, well, it appears that the rich, to paraphrase F. Scott Fitzgerald, are not all that different from you and me [italics mine]: |
Bank Negara Malaysia Holds Overnight Policy Rate 3.00% Posted: 09 Mar 2012 01:44 PM PST The Bank Negara Malaysia kept its Overnight Policy Rate (OPR) steady at 3.00%. The Bank said: “Headline inflation is expected to moderate in 2012. Nevertheless, upside risks to inflation could emerge arising from the risk of supply disruptions and the possible financialisation in commodity markets, which would result in higher energy and commodity prices. In the MPC’s assessment, while global financial conditions have improved, downside risks to the global economy remain. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
ConocoPhillips Stays At Neutral Posted: 09 Mar 2012 01:40 PM PST We maintain our Neutral recommendation on ConocoPhillips (NYSE:COP). |
Earnings Preview: Urban Outfitters Posted: 09 Mar 2012 01:30 PM PST Urban Outfitters Inc. (NASDAQ:URBN) is slated to report its fourth-quarter 2011 financial results on March 12, 2012. The current Zacks Consensus Estimate for the quarter stands at 30 cents per share, representing an estimated year-over-year decrease of about 33.3%. Revenue, as per the Zacks Consensus Estimate, is $731 million. |
Posted: 09 Mar 2012 01:30 PM PST Fitch Ratings has reiterated the issuer default ratings (IDR) of "A+" for property and casualty insurer ACE Limited (ACE) and its subsidiaries. The outlook has been revised to positive from stable. |
Bank Of Canada Keeps Overnight Interest Rate At 1.00% Posted: 09 Mar 2012 01:26 PM PST The Bank of Canada held its target for the overnight rate at 1.00%. The Bank noted on the Canadian economy: “Reflecting all of these factors, the Bank has decided to maintain the target for the overnight rate at 1 per cent. With the target interest rate near historic lows and the financial system functioning well, there is considerable monetary policy stimulus in Canada. The Bank will continue to monitor carefully economic and financial developments in the Canadian and global … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Pepsi Steps Into US Dairy Market Posted: 09 Mar 2012 01:20 PM PST U.S. beverage giant PepsiCo International (NYSE:PEP) has decided to join hands with German dairy firm Theo Muller to build a $206 million yogurt production facility in the Genesee Valley Agri-Business Park in Batavia, New York. |
Simon Property To Issue Shares Posted: 09 Mar 2012 01:20 PM PST Simon Property Group Inc. (NYSE:SPG), a leading real estate investment trust (REIT), has recently announced a secondary offering of 8.5 million common shares at $137.00 each. The company had earlier announced its offer of 7 million shares, but was forced to increase the quantum of equity offering due to strong investor demand. |
Central Reserve Bank Of Peru Keeps Rate At 4.25% Posted: 09 Mar 2012 01:18 PM PST The Central Reserve Bank of Peru kept its key monetary policy reference rate steady at 4.25%. The Bank said: “This decision takes into account the lower growth being recorded by some components of expenditure, the current international financial risks, and inflation’s deviation from the target due mainly to transitory supply factors. Future adjustments in the reference interest rate will depend on the evolution of inflation and its determinants.” Peru’s central bank also held … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Hewlett Packard Services In Demand Posted: 09 Mar 2012 01:08 PM PST Hewlett-Packard Company (NYSE:HPQ) recently announced that it has been awarded a service deal extension with the U.S. Department of Veterans Affairs (VA). Per the contract, HP will continue being the prime contractor for the Compensation and Pension Record Interchange (CAPRI) support program of the agency. Financial details of the deal were kept confidential. |
Bank Of England Holds Rate At 0.50%, APP At 325B Posted: 09 Mar 2012 01:06 PM PST The Bank of England (BoE) held the Bank Rate at 0.50%, and kept its Asset Purchase Program (Quantitative Easing) target unchanged at GBP 325 billion. The Bank said: “The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to continue with its programme of asset purchases totalling £325 billion financed by the issuance of central bank reserves. The Committee expects … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
PPG Launches Nashville Collection Posted: 09 Mar 2012 12:55 PM PST PPG Industries Inc.'s (NYSE:PPG) brand, PPG Porter Paints, has launched the Nashville Color Collection, representing 75 different shades of Nashville landscapes. The palette includes wide hues of shades comprising the ones that are used in traditional bungalows as well as those used in modern communities. |
Railroads See Drop In Carloads Posted: 09 Mar 2012 12:55 PM PST According to the weekly data for March 3, North American Rail Freight Carloads continued to see results slide. Total carloads declined 3.48% year over year to 373,530 units, mainly due to a 9.5% drop in trailers. However, Intermodal and Container traffic remain healthy with 6.4% and 8.9% year-over-year growth, respectively. |
AmerisourceBergen Eyes World Courier Posted: 09 Mar 2012 12:55 PM PST AmerisourceBergen Corp. (NYSE:ABC) recently added another name to its already heavy acquisition list following its definitive agreement to purchase World Courier Group, Inc., for $520 million in cash. World Courier is a specialty transportation and logistics provider for the biopharmaceutical industry. |
National Bank Of Serbia Keeps Rate On Hold At 9.50% Posted: 09 Mar 2012 12:52 PM PST The National Bank of Serbia kept its 2-week repo rate on hold at 9.50%. The Bank said: ”Given the inflation factors with a medium-term effect, such as low aggregate demand, rising import prices, risks stemming from the international environment and fiscal policy at home, the NBS Executive Board voted to keep the key policy rate on hold. The Executive Board continues to stress that keeping the budget deficit in line with statutory fiscal responsibility rules remains one of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Statoil Plans To Electrify Fields Posted: 09 Mar 2012 12:35 PM PST Norwegian oil company Statoil ASA (NYSE:STO) plans to electrify the platforms around its new Johan Sverdrup field in the North Sea. The firm plans to power the Utsira High area from Norway’s onshore grid in place of the conventional practice of burning gas from the well stream, which in turn raises carbon emissions. |
Posted: 09 Mar 2012 12:20 PM PST In an attempt to strengthen its Cardiac Rhythm Management ("CRM") business, Boston Scientific Corporation (NYSE:BSX) is on its way to acquire privately held, California based Cameron Health for an upfront payment of $150 million. This deal will provide the company with a novel defibrillator, the S-ICD system, the world's first and only commercially available subcutaneous implantable cardioverter defibrillator ("ICD"). |
U.S. Crude Supplies On The Rise Posted: 09 Mar 2012 12:10 PM PST The U.S. Energy Department’s weekly inventory release showed a marginal build-up in crude stockpiles, as supplies at the Cushing Storage Hub reached their highest level since July 2011. The agency's report further revealed that despite gasoline and distillate stocks declining from their previous week levels, product demand continues to be weak. Meanwhile, refinery utilization rate reflected a small increase of 0.3%. |
Reserve Bank Of India Cuts Reserve Ratio 75bps To 4.75% Posted: 09 Mar 2012 11:53 AM PST The Reserve Bank of India [RBI] cut the cash reserve ratio [CRR] of scheduled banks by 75 basis points to 4.75% from 5.50% previously. The RBI said the move will inject about 480 billion of primary liquidity into the banking system, and said: “In order to mitigate tight liquidity conditions, the cash reserve ratio was reduced by 50 basis points in the Third Quarter Review (TQR) of January 2012, injecting primary liquidity of `315 billion into the banking system. The Reserve Bank … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Prices For Everything: Priceonomics Posted: 09 Mar 2012 11:37 AM PST The website Priceonomics claims to be “the price guide for everything.” “We search and analyze hundreds of millions of listings on the web to build our price guides. We hope you can use these reports to get the most value for the best price. Today, we provide price estimates for used bicycles, televisions, speakers, monitors, turntables, computers, cell phones and much more. Some day soon, we'll cover just about anything you might want to buy or sell. We're just getting … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Khan Academy: Model For Future Of US Education? Posted: 09 Mar 2012 11:18 AM PST CBS News — “He teaches millions of students a month, yet none of them has seen his face. Sal Khan is a disembodied voice on the Internet, but his teaching method has become so effective that he may be the future of American education. Dr. Sanjay Gupta speaks to Khan and to educators who use his popular educational website, “Khan Academy,” for a 60 Minutes report to be broadcast Sunday, March 11 at 7:00 p.m. ET/PT. Watch a preview … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
More On Today’s Employment Report Posted: 09 Mar 2012 10:28 AM PST The chart above shows “j0b leavers” as a percent of all unemployed workers, which has been steadily increasing since the summer of 2010 and rose to 7.9% in February, the highest level since December of 2008. As First Trust Portfolios pointed out today, “That's what we should expect to see as attitudes about the job market improve: more workers who are confident they can leave their current position and find a better one.” Also, the increase in total civilian employment over the last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Ramp;D Breakthroughs Screen: Getting A Jump On The Growth Investors? Posted: 09 Mar 2012 07:59 AM PST We thought we'd spend some time discussing one of the most obscure screens amongst the Quality stock screen category, Ramp;D Breakthroughs Screen. It's a stock selection strategy that seeks to match up companies with cheap share prices compared to what they are spending on Ramp;D. |
The Trend Trader For Forex Trading On Monday, March 12, 2012 Posted: 09 Mar 2012 04:24 AM PST By ForexMansion.com The Trend Trader for Forex THE BIG SIX Close 3×1 7×5 AUDUSD – Aust Dollar / US Dollar Bearish EURUSD – Euro / US Dollar Bearish GBPUSD – British Pound / US Dollar Bearish USDCAD – US Dollar / Canadian Dollar Bearish USDCHF – US Dollar / … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
The Trend Trader For Stock Trading On Monday, March 12, 2012 Posted: 09 Mar 2012 04:24 AM PST By ForexMansion.com The Trend Trader for the Dow 30 Stocks In alphabetical order by symbol Close 3×1 7×5 AA – Alcoa Inc Bullish AXP – American Express Company Bullish BA – Boeing Co Bearish BAC – Bank of America Corporation Bullish CAT – Caterpillar Inc |
The Trend Trader For ETF Trading On Monday, March 12, 2012 Posted: 09 Mar 2012 04:24 AM PST By ForexMansion.com The Trend Trader for ETFs The top 40 ETFs by net assets Close 3×1 7×5 AGG – iShares Lehman Aggregate Bd Fd Bearish BND – Vanguard Total Bond Market ETF Bearish DBC – DB Commodity Index Tracking Fd Bullish DIA – SPDR DJ Industrial Average … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
The Trend Trader For Futures Trading On Monday, March 12, 2012 Posted: 09 Mar 2012 04:24 AM PST By ForexMansion.com The Trend Trader for Futures INDICES Close 3×1 7×5 S&P 500 – Jun ESM2 Bullish Dow Jones – Jun YMM2 Bullish Nasdaq – Jun NQM2 Bullish Russell – Jun TFM2 Bullish INTEREST RATES US T-Bond – Jun ZBM2 |
And The 2012 Pritzker Prize Goes To… Posted: 08 Mar 2012 10:00 PM PST For the first time ever, a Chinese architect will take home "architecture's Nobel" prize, the Pritzker. The Pritzker Architecture Prize honors a living architect whose work has produced "consistent and significant contributions to humanity and the built environment through the art of architecture." |
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