Monday, March 26, 2012

DailyMarkets.com - Starbucks: An Evolution Or Refresher?

DailyMarkets.com - Starbucks: An Evolution Or Refresher?

Starbucks: An Evolution Or Refresher?

Posted: 26 Mar 2012 03:58 PM PDT

03/26/12 Starbucks is rapidly expanding its offerings in the health food and beverage sector. The launch of Evolution Fresh stores and the upcoming debut of Refreshers will boost its presence amongst health conscious … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Positive Data For Medtronic’s DES

Posted: 26 Mar 2012 03:55 PM PDT

Results from a major clinical study from Medtronic's (NYSE:MDT) Resolute drug-eluting stent (DES),  presented at the 61st annual conference of American College of Cardiology, proved the stent to be a strong and persistent option in treating a wide variety of patients with coronary artery disease. Based on this success story, management remains highly confident about Medtronic's stent business going forward.
The company presented two-year data on DES, which achieved the US Food and Drug … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Regency Commences Work On LA Project

Posted: 26 Mar 2012 03:55 PM PDT

Regency Centers Corporation (NYSE:REG), a real estate investment trust (REIT), has recently announced the commencement of work in South Bay Village – a development project in the Los Angeles market. Spanning 109,293 square feet of retail space, the neighborhood shopping center is strategically located within the primary retail corridor of South Bay on Hawthorne Boulevard – a major Southern California thoroughfare.
South Bay Villagewould host a retail outlet of Orchard Supply Hardware – a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Family Dollar

Posted: 26 Mar 2012 03:35 PM PDT

Family Dollar Stores Inc. (NYSE:FDO), the operator of self-service retail discount store chains and an S&P 500 company, is slated to report its second-quarter 2012 financial results before market opens on March 28, 2012.
The current Zacks Consensus Estimate for the quarter is $1.13 per share, which reflects growth of 15.3% from the prior-year quarter's earnings. The estimates in the current Zacks Consensus range between a low of $1.08 and a high of $1.16 per share. The Zacks Consensus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Rating Action On ProAssurance

Posted: 26 Mar 2012 03:25 PM PDT

Fitch Ratings reiterated Issuer Default Rating ("IDR") of ‘BBB+’ of  ProAssurance Corporation (NYSE:PRA). The rating agency concurrently also reiterated Insurer Financial Strength ("IFS") ratings of 'A' for all insurance operating companies of ProAssurance. The outlook for all the ratings remains stable.
The rating affirmations came on the back of the company's operating subsidiaries continually posting strong operational performance leading to continued profitability and a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Consumer Confidence, Manufacturing In Focus

Posted: 26 Mar 2012 10:20 AM PDT

03/26/12 US economic data on housing, manufacturing and consumer confidence are scheduled for release. Bernanke is back in the classroom at George Washington … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Neutral On Siemens

Posted: 26 Mar 2012 03:15 PM PDT

We maintain our Neutral recommendation on Siemens AG (NYSE:SI). Both revenue and orders increased year-over-year in the first quarter of fiscal 2012, though not up to the mark. Revenue also increased sequentially for the sixth quarter in a row. 
The order backlog for all the sectors hit €102 billion at the end of the first quarter 2012. However, apart from Healthcare, the other sectors of the company reported revenue decline for the latest reported quarter. Orders in the Industry sector … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

More Seroquel Trouble Brewing For AZN

Posted: 26 Mar 2012 03:05 PM PDT

Recently, AstraZeneca (NYSE:AZN) received disappointing news related to Seroquel XR which is approved for schizophrenia, bipolar disorder and major depressive disorder. The UK High Court has ruled against the formulation patent protecting Seroquel XR (quetiapine fumarate) and rendered it invalid. Seroquel XR is marketed as Seroquel XL in the UK.
Teva UK Limited and Teva Pharmaceuticals Limited (NASDAQ:TEVA) had challenged AstraZeneca's Seroquel XR patent in December 2010. Similar challenges were made … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dow Invests In Saudi Arabia

Posted: 26 Mar 2012 03:00 PM PDT

Recently, The Dow Chemical Company (NYSE:DOW) announced that it will invest in a coatings manufacturing plant in Saudi Arabia for boosting domestic and export markets.  Dow intends to invest in the facility in Jubail Industrial City for its Dow Coating Materials ("DCM") business unit.
DCM is the premier supplier of products and technologies to architectural and industrial coatings manufacturers. As per the company, the investment will provide customized and advanced materials for the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Healthcare Jujitsu

Posted: 26 Mar 2012 02:57 PM PDT

Not surprisingly, today's debut Supreme Court argument over the so-called "individual mandate" requiring everyone to buy health insurance revolved around epistemological niceties such as the meaning of a "tax," and the question of whether the issue is ripe for review.
Behind this judicial foreplay is the brute political fact that if the Court decides the individual mandate is an unconstitutional extension of federal authority, the entire law starts unraveling.
But with a bit of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Watchlist For Tuesday, March 26

Posted: 26 Mar 2012 02:51 PM PDT

 ( click to enlarge )

Digital River, Inc.(NASDAQ:DRIV) showed buying strength all day. The stock is on the verge of breaking out and it could happen very soon. Once the stock breaks $18.59, jump in and watch DRIV take off. The technical indicators are supporting the bullishness. The MACD triggered a buy signal today showing a bullish direction short term and the Histogram turned positive on the daily. In addition, KD is now going up and the stock closed again above the 20 day moving average. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Lennar Corp.

Posted: 26 Mar 2012 02:50 PM PDT

Lennar Corporation (NYSE:LEN) is slated to release its first quarter 2012 results before the opening bell on March 27, 2012. The Zacks Consensus Estimate for the first quarter projects a loss of 5 cents (year-over-year improvement of 189.74%) on revenues of $698 million.
Fourth Quarter Recap
Lennar reported earnings of 16 cents per share in the fourth quarter of fiscal 2011 compared with 17 cents per share in the year-ago quarter.
Total revenue increased 11% year over year to $952.7 million, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Neutral On General Electric

Posted: 26 Mar 2012 02:30 PM PDT

We maintain a Neutral rating on General Electric Company (NYSE:GE). General Electric's current trailing 12-month earnings multiple is 15.0x, compared with the 35.6x average for the peer group and 14.9x for the S&P 500.
Over the last five years, General Electric's shares have traded in a range of 4.7x to 19.6x trailing 12-month earnings. Therefore, it is nearly in the middle of the historical range, indicating that upside, if any, will be moderate.

However, the 16% discount to the peer … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Exelon Unit Gets GSA Contract

Posted: 26 Mar 2012 02:20 PM PDT

Exelon Corporation's (NYSE:EXC) newly-acquired unit Constellation Energy has entered into a General Services Administration ("GSA") renewal contract for the supply of 90,000 million megawatt hours ("MWh") electricity to 17 federal buildings in California for one year.
As a result of this contract, Exelon's Constellation federal electricity support division will continue to supply 2.7 million MWh of electricity per year. This division also supplies electricity to several important U.S. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Adjusted For Inflation And Increased Vehicle Efficiency, Cost Per Mile Is 28% Less Than In 1980

Posted: 26 Mar 2012 02:10 PM PDT

Energy Fact of the Day:

Adjusted for inflation, gasoline today is about the same price as in 1980 ($3.58 per gallon in February, see top chart). However, adjusted for both inflation and increased fuel efficiency over time, the costs per mile driven were about 23 cents in 1980 compared to 16-17 cents per mile in February 2012, according to the EIA (see bottom above), or about 28% less today than in 1980.  

HT: Robert … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

FITB Expects $95M Pretax Gain In 1Q

Posted: 26 Mar 2012 02:07 PM PDT

Last week, Cincinnati-based Fifth Third Bancorp (NASDAQ:FITB) announced the impact of Vantiv Inc.'s (VNTV) initial public offering (IPO) of Class A shares on the company. The offering, which completed on March 21, 2012, raised $500 million at an average price of $17 per share.
As a result of this offering, FITB expects to record $95 million ($60 million after-tax) as pre-tax gain in the first quarter of 2012.
U.S.-based Vantiv, formerly known as Fifth Third Processing Solutions, is a payment … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bernanke’s Words Lift Wall Street

Posted: 26 Mar 2012 02:00 PM PDT

03/26/12 Commentary from Fed Chairman Ben Bernanke fueled Monday’s rally for the Dow by more than 1%. Also helping was American Express revealing its first dividend hike since … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Nat Gas Rig Count Lowest In 10 Yrs

Posted: 26 Mar 2012 01:50 PM PDT

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to a decrease in the tally of both oil and natural gas-directed rigs. In particular, the natural gas rig count dropped for the eleventh time in as many weeks, to touch a new 10-year low.
The Baker Hughes rig count, issued since 1944, acts as an important yardstick for drilling … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Anybody Left To Buy?

Posted: 26 Mar 2012 01:49 PM PDT

Five reports suggest that contrary to popular belief, the “crowd” — investors, traders, and market advisors — is bullish (and invested):
Make No Mistake… Institutional Investors Are All In” (Business Insider)
According to Morgan Stanley, there’s no question about the state of big investors sentiment. As they put it, investors are “all in” on this market

“Hedge Funds Capitulating Buy Most Stocks Since ’10 Amid Gain” (Bloomberg)
Hedge funds trailing the Standard & Poor’s 500 Index for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Neutral On Infineon Technologies

Posted: 26 Mar 2012 01:35 PM PDT

We maintain a Neutral rating on Infineon Technologies (IFNNY). The company recently reported a very modest first quarter of fiscal 2012 with a 9% decline in revenues. Earnings were $0.02 below the Zacks Consensus Estimate of $0.12. Results were primarily impacted by cautious consumer spending due to global economic uncertainties and lower demand across all three segments.
However, going forward the company is positive about its performance in the auto sector and is also expecting its power … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BofA: The New Landlord

Posted: 26 Mar 2012 01:20 PM PDT

Last week, Bank of America Corporation (NYSE:BAC) announced its 'Mortgage to Lease' initiative, allowing the distressed customers (related to foreclosures) to remain in their houses as the ownership of their property would be taken over by the company. At present, the company has launched a pilot project in the states of Nevada, Arizona and New York and only about 1,000 homeowners will become a part of this program.
BofA further stated that the customers will be chosen by the company itself. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bank Failures: 15 So Far In ’12

Posted: 26 Mar 2012 01:05 PM PDT

After a week's lull, U.S. regulators were back in action last Friday, shuttering two more banks in Georgiaand Illinois. This brings the total number of bank failures to 15 so far in 2012, following 92 in 2011, 157 in 2010, 140 in 2009 and 25 in 2008.
While the financials of a few large banks continue to stabilize on the back of an economic recovery, the industry is still on shaky ground. The sector presents a picture similar to that of 2011, with nagging issues like depressed home prices … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Scorecard: Tiffany

Posted: 26 Mar 2012 12:50 PM PDT

Tiffany & Company (NYSE:TIF) posted lower-than-expected fourth-quarter 2011 bottom-line results. However, that did not dissuade the company from providing a healthy outlook for fiscal 2012, highlighting the improving economic environment, despite nagging fears from the Eurozone.
In the paragraphs that follow, we cover the recent earnings announcement, subsequent estimate revisions by analysts as well as the Zacks Rank and long-term recommendation for the stock.
Last Quarter Synopsis
Tiffany … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Standard Graphite Announces Excellent EM Results

Posted: 26 Mar 2012 12:40 PM PDT

Standard Graphite Corp. (TSXV: SGH) (the "Company") is pleased to report that it has identified two very large conductors through its recently completed EM Survey performed in January over its Black Donald Property, located some 140 km due east of Ottawa, Ontario. Additionally, the company has acquired additional claims in the Black Donald area following the interpretation of the airborne TDEM survey to secure the important claims that were associated with these newly identified … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Mixed Results At Statoil PL053

Posted: 26 Mar 2012 12:35 PM PDT

Norwegian oil company Statoil ASA (NYSE:STO) met with disappointment in its primary gas target — Crux prospect on production license PL053 in its Oseberg field in the North Sea — but encountered success at Crimp, which was the secondary target for the exploration well 30/6-28S.
The latest find in the Crimp prospect is projected to contain volumes in the range of 12–18 million barrels of recoverable oil equivalents. The well 30/6-28S confirmed an oil column of about 12 meters in the Statfjord … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EU Label Expansion For Amylin Drug

Posted: 26 Mar 2012 12:20 PM PDT

Type II diabetes treatment, Byetta (exenatide), recently received a label expansion in the EU. Amylin Pharmaceuticals, Inc. (NASDAQ:AMLN) and Eli Lilly and Company (NYSE:LLY) said that the European Commission granted approval for the use of Byetta as an adjunctive therapy to basal insulin, with or without metformin and/or Takeda's Actos (pioglitazone) for the treatment of type II diabetes in patients who are not achieving adequate glycemic control using these agents.
The approval was not entirely … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Tasman Releases PEA Which Shows High Contribution Of Revenue From Dysprosium

Posted: 26 Mar 2012 12:08 PM PDT

One of our core GST positions Tasman Metals just released a Preliminary
Economic Assessment which shows the uniqueness of this project to supply
the European Continent with an abundant supply of critical rare earths.
The project has excellent infrastructure and a strategic location to supply
North Sea Wind Farms and European Car Manufacturers with the critical
metals at risk of a supply shortfall in the near term such as neodymium,
dysprosium, terbium and yttrium.
The recent independent … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GM Recalls SUVs Again

Posted: 26 Mar 2012 12:05 PM PDT

General Motors Company (NYSE:GM) plans to recall 6,000 units of large vans and sports utility vehicles (SUVs) from the 2012-model year due to a problem with their gear shaft leading to a loss of steering. The van models include Chevrolet Express and GMC Savana vans, which are mainly used by churches and airport shuttle services. On the other hand, the SUV lineups include Chevrolet Suburban and GMC Yukon XL.
The problem was detected by the company that manufactures the gear shafts. It has been … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Manufacturing Profits Set New Record In 2011

Posted: 26 Mar 2012 11:34 AM PDT

The Census Bureau reported today on fourth quarter financial results for the U.S. manufacturing sector, with the following highlights:

 1. After-tax profits for U.S. manufacturing corporations were just short of $600 billion in 2011, setting a new annual record. The $598.3 billion of profits for American manufacturers last year represented an increase of more than 25% from the $477.7 billion in profits the previous year, and follow a 67% gain in 2010. In contrast, the after-tax profits … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Tuesday, March 27, 2012

Posted: 26 Mar 2012 05:03 AM PDT

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Tuesday, March 27, 2012

The top 40 ETFs by net assets
In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AGG – iShares Lehman Aggregate Bd Fd
109.62
− 0.07
109.54
109.41

Bullish

BND – Vanguard Total Bond Market ETF
83.15
− 0.01
83.08
82.98

Bullish

DBC – DB Commodity Index Tracking Fd
29.28
+ 0.45
29.10
29.16

Bullish

DIA – SPDR DJ Industrial Average … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Stock Trading On Tuesday, March 27, 2012

Posted: 26 Mar 2012 05:03 AM PDT

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Tuesday, March 27, 2012

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
10.22
+ 1.09
10.12
10.27

Neutral

AXP – American Express Company
58.66
+ 2.46
57.55
57.07

Bullish

BA – Boeing Co
75.18
+ 1.64
74.32
74.34

Bullish

BAC – Bank of America Corporation
9.93
+ 0.81
9.76
9.78

Bullish

CAT – Caterpillar Inc
108.75
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Forex Trading On Tuesday, March 27, 2012

Posted: 26 Mar 2012 05:03 AM PDT

By ForexMansion.com

The Trend Trader for Forex
For Trading On Tuesday, March 27, 2012

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0532
+ 0.63
1.0448
1.0479

Bullish

EURUSD – Euro / US Dollar
1.3356
+ 0.69
1.3250
1.3231

Bullish

GBPUSD – British Pound / US Dollar
1.5969
+ 0.65
1.5867
1.5853

Bullish

USDCAD – US Dollar / Canadian Dollar
0.9909
− 0.65
0.9966
0.9956

Bearish

USDCHF – US Dollar / … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Futures Trading On Tuesday, March 27, 2012

Posted: 26 Mar 2012 05:03 AM PDT

By ForexMansion.com

The Trend Trader for Futures
For Trading On Tuesday, March 27, 2012

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Jun ESM2
1415.00
+ 1.51
1396.11
1394.17

Bullish

Dow Jones – Jun YMM2
13200
+ 1.29
13052
13057

Bullish

Nasdaq – Jun NQM2
2777.00
+ 1.77
2739.72
2725.83

Bullish

Russell – Jun TFM2
845.10
+ 2.02
827.32
826.70

Bullish

INTEREST RATES

US T-Bond – Jun ZBM2
137-21
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold And China: Where The Bulls And Bears Square Off

Posted: 25 Mar 2012 10:00 PM PDT

To paraphrase the great Steve Martin, today's investors are very passionate people and passionate people tend to overreact at times. An overreaction is exactly what's happened in gold and global markets in recent weeks. While market bulls have been sniffing out data points to support their case, market bears have continued to take a glass-half-empty approach.
Gold and China are two areas that have been caught in the bear trap this week, but we believe the gold and China bulls still have … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
at

No comments:

Post a Comment