Friday, March 30, 2012

DailyMarkets.com - Singapore Stock Market Update For Friday 30 March

DailyMarkets.com - Singapore Stock Market Update For Friday 30 March

Singapore Stock Market Update For Friday 30 March

Posted: 30 Mar 2012 12:05 AM PDT

We expect market to be trading range bound from here onwards. 3000 serves as a good support at this level. Market will be choppy so active traders will want to stay sideline for the time being.

IPO Cordlife performed well above the market sentiment. Lookout a break through at 0.795. Stock can propel after breaking.

Sentiment —> … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: Polaris Industries Inc.

Posted: 29 Mar 2012 11:00 PM PDT

Polaris Industries Inc. (NYSE:PII) recently delivered its 19th consecutive positive earnings surprise on record quarterly sales.
And management provided a bullish outlook for 2012, prompting analysts to revise their estimates higher. It is a Zacks #2 Rank (Buy).
The company also recently hiked its dividend by 64%, marking the 17th consecutive annual increase. It yields a solid 2.1%.
Company Description
Polaris is a leader in the powersports industry. The company manufactures off-road vehicles … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Allot Communications Ltd.

Posted: 29 Mar 2012 11:00 PM PDT

Allot Communications Ltd. (ALLT)
When you think about the internet, networks, bandwidth and mobile, Allot is one of the companies that probably not what comes to mind first, but their products and services play an integral part in how we are using all of them.
You also may have a distain for companies like ALLT because they are the folks who have the technology track, meter and somewhat enforce bandwidth consumption.  As consumers are surfing the web on their mobile devices, Allots' … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: Sherwin Williams

Posted: 29 Mar 2012 11:00 PM PDT

Sherwin-Williams (SHW) has topped the Zacks Consensus Estimate in five of the last seven quarters and has seen earnings estimates increase. The stock is a Zacks #2 Rank (Buy).
Company Description
The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coatings, and related products worldwide. The Sherwin-Williams Company sells its products through a network of company-operated stores, direct sales staff and outside sales representatives. As of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: ICICI Bank Ltd.

Posted: 29 Mar 2012 11:00 PM PDT

We are upgrading our recommendation on ICICI Bank, Ltd. (NYSE:IBN) to Outperform based on strong fiscal third quarter (ended December 31) results. Net earnings for the quarter surged 20% year over year, primarily on higher net interest income and fee income. The company’s enhanced asset quality and strong capital ratios were the other positives.
We expect continued synergies from the company’s increased dependence on domestic loans, an almost stable fund base and market leadership in the insurance … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: Peabody Energy Corp. (BTU)

Posted: 29 Mar 2012 11:00 PM PDT

We have downgraded our rating on Peabody Energy (NYSE:BTU) to Underperform from Neutral as the fourth-quarter results missed our projection by quite a margin. The future growth of Peabody is tied up with the timely yet uncertain completion of many projects that are lined up in the U.S. and Australia.
This uncertainty, along with increasing completion from natural gas producers and an increase in operating costs, have prompted us to downgrade our outlook on the stock. In addition, weather and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Uranerz Energy (URZ): “Best Hole Ever Drilled By Company”

Posted: 29 Mar 2012 07:27 PM PDT

Uranerz Energy (URZ) represents low hanging fruit on the vine of the energy tree which is ready for the picking.  Your editor intuits the implications behind the news.
Uranerz is positioned to become America's next uranium producer and is the rare gem that is poised on the cusp of providing near term rewards.  In the interest of time and space, it should suffice that we have researched this company and hasten to bring it to your attention.  Production is slated to begin in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Edgewater’s (EDW) Corcoesto Project In Spain Continues To Return Exciting Infill Drilling Results

Posted: 29 Mar 2012 06:49 PM PDT

A cheap Euro means better margins for miners.  It accrues to the advantage of nascent companies such as Edgewater Exploration (EDW.V or EDWZF) who is developing their Corcoesto Gold Project in Galicia, Spain.  They recently announced the addition of an experienced mining engineer and finance advisor as they rapidly advance this project into a bankable feasibility study.  The company is significantly undervalued for the asset base they have with their advanced Corcoesto Project in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Michigan Economy Shifts Into High Gear In January As Economic Activity Index Reaches 6-Year High

Posted: 29 Mar 2012 06:25 PM PDT

Comerica Bank’s Michigan Economic Activity Index rose seven points in January, up to a level of 98.  The January index level is 38 points, or 63%, above the index cyclical low of 60, and  marks the highest index reading since January 2006 (see chart above).

“A rebounding U.S. auto industry drove our Michigan Economic Activity Index sharply higher in January, after stalling in late 2011. Every component of the Michigan index increased in January, a sign that the recovery in Michigan … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Ion Proton Provides A Cheap Window Into Our DNA: The First Glimpses Into The Once Unknowable

Posted: 29 Mar 2012 06:09 PM PDT

“For The Price Of Two iPads, This Machine Can Sequence An Entire Human Genome”:

“If you want to take advantage of the latest plummeting price of genetic sequencing, it will be because of the Ion Proton. How did scientists find a way to get such a cheap window into our DNA?

The machine that can do that–in just two hours–is the Ion Proton, a genetic sequencer introduced by Life Technologies in January. It's 1,000 times more powerful than its year-old predecessor, the Ion Torrent, and, at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Nevada’s Modern Day Gold Rush Creates Jobs

Posted: 29 Mar 2012 05:45 PM PDT

Visit msnbc.com for breaking news, world news, and news about the economy

ELKO — “In almost every way Nevada is still reeling from the recession. It has the highest unemployment rate in the country at almost 13 percent, and one of the highest foreclosure rates. But in the northeast corner of the state, almost 500 miles from the Vegas strip, life is suddenly very good.

In Nevada’s gold country the global boom that's pushed gold prices to an all-time high – currently hovering around … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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