Monday, April 2, 2012

DailyMarkets.com - Nokia Lumia Enters Dragon Empire

DailyMarkets.com - Nokia Lumia Enters Dragon Empire

Nokia Lumia Enters Dragon Empire

Posted: 02 Apr 2012 07:55 AM PDT

Nokia Corp. (NYSE:NOK) is all set to launch their first Window-based smartphone called Lumia 800C in the massively growing Chinese market. The new CDMA-based Lumia 800C handset is priced at $570 and is expected to be shipped from April, onwards.
The new Lumia 800C mobile phones will be sold through China Telecom Corp. Ltd. (NYSE:CHA), the third largest telecom operator in the dragon empire. Moreover, Nokia plans to extend its Lumia product portfolio in China from the second quarter of fiscal 2012 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Krispy Boosts Shareholder Value

Posted: 02 Apr 2012 07:55 AM PDT

Winston-Salem, North Carolina-based Krispy Kreme Doughnuts Inc(NYSE:KKD) is set to boost investors' wealth by initiating a share buyback program.
The board of directors of  Krispy Kreme, an international chain of doughnut stores, has approved a new share repurchase program worth approximately $20 million. The company seeks to exercise the program in the open market or in negotiated transactions, depending on share price and other macro factors.
As of March 28, 2012, the company had shares … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Management Churn At CVS Caremark

Posted: 02 Apr 2012 07:25 AM PDT

CVS Caremark Corporation (NYSE:CVS) recently announced a change in top management. According to the company's design, effective September 1, 2012, the present EVP and Chief Operating Officer of the Pharmacy Benefit Management (PBM) business, Jon Roberts will replace Per Lofberg, the President of the PBM business.
However, Robert will continue to report to Lofberg who extended his employment agreement with the company till December 2013. September onwards, Lofberg will serve as the chairman of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ILIU OPERATIONAL UPDATE / Q4 2011 RESULTS

Posted: 02 Apr 2012 07:15 AM PDT

OPERATIONAL UPDATE / Q4 2011 RESULTS
Brian Marckx, CFA

Interleukin Genetics (ILIU) reported financial results for the fourth quarter ending December 31, 2011 on March 29th.  While revenue came in significantly softer than our number, it was still up 13% y-o-y.  In addition, Q4 has historically been relatively modest from a revenue standpoint.  Despite the miss on the top line, net income and EPS were mostly in-line with our estimates as a result of the company’s continued … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

More Transparency From Tobacco Cos.

Posted: 02 Apr 2012 07:15 AM PDT

The US Food and Drug Administration (FDA) dealt another blow to the tobacco companies as a part of its anti-smoking campaign. In its recent ruling, the watchdog has ordered the tobacco biggies to enlist the harmful ingredients that they are using in their products.
The FDA wants the tobacco makers to report the quantity of 93 chemicals in their products. These include formaldehyde, nicotine, arsenic, cadmium, ammonia and carbon monoxide. Tobacco companies will also have to enlist quantities of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bayer’s French Sojourn

Posted: 02 Apr 2012 06:55 AM PDT

In a bid to further strengthen its product portfolio, the MaterialScience segment of  Bayer (BAYRY) recently purchased the remaining shares from French company EXIMIUM SAS (formerly Michel Baulé SA) and other stockholders pertaining to its 50:50 systems house joint venture, Baulé SAS. The financial terms of the deal were not revealed.  The joint venture had its origin in 2008.
The move to gain full control over the joint venture, which is a market leader in developing, formulating … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Japanese Yen Surge Wipes Out Australian And New Zealand Dollar Gains

Posted: 02 Apr 2012 06:45 AM PDT

Fundamental Headlines
- S&P 500 Beating Gold Most Since 1999 on Positive Earnings – Bloomberg
- U.S. Manufacturing, Household Spending Probably Rose – Bloomberg
- European Outlook Dims as Asia Brightens – Reuters
- Chinese Manufacturing Data Show Mixed Picture – WSJ
- EU Lenders Kick Troubles Down Road – WSJ
European Session Summary
Price action in the Asian and European sessions was very interesting, especially considering it is the start of the quarter. The start of the quarter, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

New Quarter, New Expectations

Posted: 02 Apr 2012 06:40 AM PDT

Hardly anyone expects stocks to sustain the impressive momentum from the first quarter as a new quarter gets under way today. But few expected the market to do as well as it did in the first three months of the year either, when a combination of improving domestic economic data and fading European fears helped improve risk appetites.
Driving the market's near-term trajectory will be a heavy schedule of economic data in this holiday-shortened week, starting with today's March Manufacturing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

A.M. Best Avows Hilltop & Its Wings

Posted: 02 Apr 2012 06:40 AM PDT

On Friday, ratings agency – A.M. Best Co. – asserted its debt and financial strength ratings on Hilltop Holdings Inc. (NYSE:HTH) and its subsidiaries with a stable outlook.
Accordingly, A.M. Best reiterated its issuer credit rating (ICR) of "bbb+" on Hilltop, reflecting adequate liquidity that is also favourable for mitigating any balance sheet risks. The ICR was previously assigned by A.M. Best in April 2010.
Simultaneously, the ratings agency also maintained the credibility of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Another Generic From Dr. Reddy’s

Posted: 02 Apr 2012 06:31 AM PDT

Dr. Reddy's Laboratories (NYSE:RDY) recently announced the US launch of its generic version of AstraZeneca's (NYSE:AZN) drug, Seroquel. Late last month, the US Food and Drug Administration (FDA) had approved Dr. Reddy's abbreviated new drug application (ANDA) for the generic drug. Seroquel is approved for the treatment of schizophrenia and bipolar mania.
According to IMS Health, US sales of the Seroquel brand amounted to about $4.6 billion for the 12 months ended December 31, 2011.
Last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Market News Briefs: Liz Claiborne, Nabors Industries, Yahoo!

Posted: 02 Apr 2012 06:31 AM PDT

    GasLog Ltd. (GLOG) debuted on the Street losing 11.4% to settle at 412.41 a share

    According to reports, Yahoo! Inc. (NASDAQ:YHOO) would start its layoff procedure in the week starting April 2, 2012.  Consequently, shares of the company lost 0.5%

    Reports that private equity firms were in talks with Kate Spade's parent company Liz Claiborne, Inc.'s (NYSE:LIZ) helped drive the latter's shares up by 12.9%

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

Grain Bulls Rejoice After USDA Report

Posted: 02 Apr 2012 06:22 AM PDT

Monday, April 2, 2012
Even new-crop Corn futures were caught up in the bullish frenzy on Friday, despite the potential for a record harvest this year. Once old-crop Corn reached the 40-cent limit, many traders who were caught short rushed into new-crop Corn futures in an attempt to “hedge” their positions. Some traders who may be considering establishing a short position in new-crop Corn may wish to use “rallies” to explore selling call credit spreads in December Corn futures options. For … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

United Sees Weak 1Q Growth

Posted: 02 Apr 2012 06:11 AM PDT

United Continental Holdings Inc. (UAL) expects higher fuel prices and a slow moving U.S. economy to have an adverse impact on the first quarter results.
Fuel prices are estimated at $3.35 per gallon for the first quarter that is higher than $320.4 per gallon in the last quarter. Consolidated unit cost or cost per available seat mile (CASM) is expected to rise 8.0–8.7% year over year. Excluding fuel and special items, CASM would increase 1.5–2.5% in the first quarter, up from the last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cooper Wins An Award

Posted: 02 Apr 2012 06:05 AM PDT

CooperVision, a segment of The Cooper Companies (NYSE:COO), a company dedicated to contact lens and women's health, recently received (at REBRAND 100 Annual Global Award) recognition for superiority in brand repositioning. Siegel+Gale, a worldwide strategic brand builder, supported the company for its new branding strategy. 
REBRAND is a cutting edge global resource for sound transformation of brands. Moreover, the REBRAND 100 Global Awards recognizes brands that have been successfully … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Avis’ Unit Issues $125M Senior Notes

Posted: 02 Apr 2012 05:50 AM PDT

Recently, Avis Budget Car Rental LLC, a unit of the leading general-use vehicle rental company Avis Budget Group Inc. (NYSE:CAR), closed an offering worth $125 million, issuing senior notes with an interest rate of 8.25%. These notes are expected to mature in 2019.
These notes, which are an unsecured debt of Avis Budget Car Rental LLC, will be guaranteed by Avis Budget Group and some of its domestic subsidiaries.
The offer price of these notes was 103.5% of par, with an effective yield of 7.3%. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Constellation

Posted: 02 Apr 2012 05:41 AM PDT

Constellation Brands Inc. (NYSE:STZ), the largest wine company in the world, is scheduled to release its fourth-quarter 2012 results before the opening bell on Thursday, April 5, 2012.
The current Zacks Consensus Estimate for earnings for the quarter is 38 cents a share. For the fourth quarter, revenue is expected at $633 million, according to the Zacks Consensus Estimate.
Third-Quarter Recap
Constellation Brands posted earnings of 50 cents per share for third-quarter 2012, missing the Zacks … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Kindle Touch 3G Goes International

Posted: 02 Apr 2012 05:21 AM PDT

Amazon.com Inc.(NASDAQ:AMZN) is trying to gain a foothold in the intensely competitive tablet market with the shipping of Kindle Touch 3G across 175 countries from April 27. The device is now available for pre-orders and will be available in six additional languages namely German, French, Italian, Spanish, Brazilian, Portuguese and British English.
The company entered the tablet market with the shipping of Kindle Fire in late 2011. This segment is already crowded with tablet makers such as Research … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Origin Of The Urn At The NYSE

Posted: 02 Apr 2012 05:00 AM PDT

04/02/12 NYFP’s “This Week in Wall Street History”: Kenneth Polcari of ICAP gives us an exclusive look and an in-depth history of the Russian urn that sits in the boardroom of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Land Of The Free’dom’of Information?

Posted: 02 Apr 2012 03:53 AM PDT

Freedom makes all things possible, right? No question.
Information is everything, correct? Also true.
As we pursue the American dream, our ability to access information in order to assess risks and opportunities is paramount to our ultimate success. I personally find this truth to be self-evident. Melding these two basic principles, at this point in our nation's history, how free is information? Obviously, not all information is free and accessible. In matters of national security, our … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

What’s The Best Growth Strategy For ISA Investors?

Posted: 01 Apr 2012 11:50 PM PDT

With more and more of us ploughing our hard-earned cash into ISAs each year, the subject of how that money is put to use over the long term has become critically important. With cash funds offering lacklustre rates and index trackers unlikely to sparkle in muted markets, there has never been a more pressing need to scrutinise potential returns and be prepared to take matters into our own hands.

According to the Investment Management Association, the rule change back in 2010 that increased the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
at

No comments:

Post a Comment