DailyMarkets.com - Revenues Decline At Simcere Pharma
DailyMarkets.com - Revenues Decline At Simcere Pharma |
- Revenues Decline At Simcere Pharma
- February Comps Up At McDonald’s
- Sonic Comps Rise In 2Q
- Apple Unveils “new IPad”
- Respectable Quarter For Merck KGaA
- Euro Tanks, U.S. Dollar Surges On Nonfarm Payrolls, Greek PSI Deal
- Stock Market News Briefs: American International Group, Coach, Kirkland’s, Exxon Mobil Corporation
- SunTech Posts Wider Loss In Q4
- Grain Trade Quiet Ahead Of USDA Report
- Employment Report Does Not Disappoint
- Kirkland’s Beats; But EPS Dips Y/Y
- Franklin’s February AUM Perks Up
- Trading Volumes Plummet, “Choose Not To Play”
- 68% Of 2011 Tax Preferences Went To Renewables
- Hot Beats, Margins Up
- American Eagle 4Q Beats, Sales In Line
- Zumeiz Beats By A Penny
- Remove Biggest Obstacle To Selling Your Home– Delicate Topic
- Gold Flat, Crude Oil Cautiously Higher Before US Jobs Report
| Revenues Decline At Simcere Pharma Posted: 09 Mar 2012 07:50 AM PST Simcere Pharmaceutical Group (NYSE:SCR) earned 12 cents per American Depository Share (ADS) in the fourth quarter of 2011 as opposed to the prior-year earnings of 16 cents per ADS. Earnings in the quarter were hurt by lower revenues and higher research & development (R&D) expenses. The Zacks Consensus Estimate was 5 cents per share. We note that each ADS stands for two ordinary shares of Simcere Pharma.
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| February Comps Up At McDonald’s Posted: 09 Mar 2012 07:40 AM PST McDonald's Corp. (NYSE:MCD) witnessed a 7.5% upside in global comparable sales (comps) for the month of February. The fast-food chain operator witnessed an uptrend in comps both on a year-over-year basis as well as sequential basis. February sales results reflect the benefit of about three percentage points from an extra day of operation due to leap year. By comparison, overall comps rose 3.9% in February 2011 and 6.7% in the last month. Barring the United States, the fast-food restaurant … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 09 Mar 2012 07:20 AM PST Sonic Corp. (NASDAQ:SONC) recently reported comparable store sales (comps) growth of 3.4% for second quarter of fiscal 2012, driven by a 3.5% rise in franchise drive-ins and 3.1% jump at company drive-ins. Reported result was better than the year-ago increase of 1.2%. In the prior-year-period, same-store sales at franchise drive-ins inched up 1.0% and the same at company-owned drive-ins climbed 2.2%.
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| Posted: 09 Mar 2012 07:10 AM PST Apple Inc. (NASDAQ:AAPL) unveiled its latest-version iPad and named it "new iPad" as against the popular belief that it would be called "iPad 3". This reminds us of the time when iPhone 4S was launched, while the world awaited iPhone 5.
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| Respectable Quarter For Merck KGaA Posted: 09 Mar 2012 07:00 AM PST Merck KGaA's (MKGAF) earnings per American Depository Receipt (ADR) for the fourth quarter 2011 were in line with the Zacks Consensus Estimate at $2.28, but below the year-ago earnings of $2.42. Higher operating expenses led to the decline in earnings. Full year earnings came in at $10.48 per ADR, beating both the Zacks Consensus Estimate of $10.03 and prior-year earnings of $8.93.
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| Euro Tanks, U.S. Dollar Surges On Nonfarm Payrolls, Greek PSI Deal Posted: 09 Mar 2012 06:45 AM PST Fundamental Headlines
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| Stock Market News Briefs: American International Group, Coach, Kirkland’s, Exxon Mobil Corporation Posted: 09 Mar 2012 06:40 AM PST Shares of Exxon Mobil (NYSE:XOM) moved down 1.2% after it said that it expects a year-on-year drop of 3% in its oil and natural gas output for 2012 The Treasury Department's announcement that it will sell common stock of American International Group's (NYSE:AIG) worth $6 billion dragged the latter's shares down by 3.9% Kirkland’s, Inc. (NASDAQ:KIRK) reported fourth-quarter 2011 earnings of $0.78 per share, surpassing the Zacks Consensus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| SunTech Posts Wider Loss In Q4 Posted: 09 Mar 2012 06:40 AM PST Suntech Power Holdings Company Ltd (NYSE:STP) posted fourth quarter 2011 adjusted loss of 76 cents per American Depository Share (EPADS), far wider than the Zacks Consensus Estimate of a loss of 32 cents. The results were a stark contrast to the year-ago adjusted earnings of 32 cents.
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| Grain Trade Quiet Ahead Of USDA Report Posted: 09 Mar 2012 06:22 AM PST Friday, March 9, 2012
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| Employment Report Does Not Disappoint Posted: 09 Mar 2012 06:20 AM PST It is hard to use 'good news' and 'Greece' in the same sentence given the unfortunate nation's recent run of bad luck, but we do have some good news out of Greece today. With enough bond holders agreeing to take losses on their Greek government bonds, the country appears on track to complete the contentious bond swap. This should pave the way for the country to receive the fresh bailout from the IMF/EU/ECB troika.
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| Kirkland’s Beats; But EPS Dips Y/Y Posted: 09 Mar 2012 06:20 AM PST Kirkland's Inc.'s (NASDAQ:KIRK) fourth-quarter 2011 earnings of 78 cents a share came in ahead of the Zacks Consensus Estimate of 74 cents per share. However, earnings were short of the prior-year quarter's figures by 11.42%.
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| Franklin’s February AUM Perks Up Posted: 09 Mar 2012 06:10 AM PST Franklin Resources Inc. (NYSE:BEN) declared preliminary assets under management (AUM) of $727.4 billion by its subsidiaries for the end of February 2012. The company's results witnessed a rise of 3.3% from $704.3 billion as of January 31, 2012 and an increase of 4.9% from $693.7 billion as of February 28, 2011.
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| Trading Volumes Plummet, “Choose Not To Play” Posted: 09 Mar 2012 05:58 AM PST "The problem here is, when the public becomes aware of the nature of the game, they may choose not to play. This is the problem not only for Goldman but for Wall Street as a whole if people choose not to play."
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| 68% Of 2011 Tax Preferences Went To Renewables Posted: 09 Mar 2012 05:54 AM PST The chart above is based on data in the Congressional Budget Office’s report “Federal Financial Support for the Development and Production of Fuels and Energy Technologies,” and displays the allocation of energy-related tax preferences for Fiscal Year 2011, by type of fuel or technology. Of the $20.5 billion in energy-related tax preferences in 2011, 68% and $14 billion went to renewable energy, and 15% and about $3 billion went to fossil fuels, for a ratio of more than $4.50 in tax … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 09 Mar 2012 05:50 AM PST Shopping mall based specialty retailer, Hot Topic Inc. (NASDAQ:HOTT) reported its fourth-quarter 2011 results with earnings of 21 cents per share. The reported earnings were above the higher end of the company's previously announced guidance range of 19 cents to 20 cents and soared from the prior-period adjusted earnings of 12 cents. The year-over-year increase in quarterly earnings was primarily driven by improved margins resulting from the company's cost reduction initiative. Moreover, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| American Eagle 4Q Beats, Sales In Line Posted: 09 Mar 2012 05:35 AM PST Recently, American Eagle Outfitters Inc. (NYSE:AEO) reported its fourth-quarter 2011 earnings of 35 cents per share, beating the Zacks Consensus Estimate of 34 cents. However, it was lower than the previous-period earnings of 44 cents per share.
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| Posted: 09 Mar 2012 05:20 AM PST Backed by strong merchandise, new store opening and e-commerce strategies along with improved margins, specialty retailer Zumiez Inc. (NASDAQ:ZUMZ) reported robust fourth-quarter 2011 result. The quarterly earnings of 60 cents per share beat the Zacks Consensus Estimate of 59 cents and surged 22.4% from the prior-period level of 49 cents.
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| Remove Biggest Obstacle To Selling Your Home– Delicate Topic Posted: 09 Mar 2012 04:27 AM PST … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Gold Flat, Crude Oil Cautiously Higher Before US Jobs Report Posted: 09 Mar 2012 01:42 AM PST Talking Points Crude Oil, Copper Gain on Hopes US Recovery to Offset Eurozone Headwinds Crude oil and copper prices are edging higher as markets await the closely-watched US employment report, where expectations call for the economy to add 210K jobs in February. While the outcome would mark a narrow slowdown from January, it would mark the strongest there-month period of employment growth since the first quarter of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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