DailyMarkets.com - Retaining Sigma-Aldrich At Neutral
DailyMarkets.com - Retaining Sigma-Aldrich At Neutral |
- Retaining Sigma-Aldrich At Neutral
- Anadarko Expands NGL Portfolio
- Earnings Preview: Yahoo! Inc.
- Legg Mason March AUM Up Marginally
- Nokia Downgraded To Underperform
- Hot Option Plays: Market Ends Worst Week Of 2012 On Friday The 13th
- Earnings Preview: Gannett
- Raven Realigns Assets
- Chicago Bridge & Iron Stays Neutral
- Earnings Preview: The Thick Of Q1 Earnings Season
- Biogen’s Fampyra Launched In Canada
- Montpelier Upgraded To Neutral
- Monetary Policy Week In Review – 14 April 2012
- Earnings Preview: Earnings Preview For The Week Of 4-16
- Senior Housing Declares Dividend
- General Cable Forays Into Brazil
- McDermott Upgraded To Neutral
- Natural Gas Woes: No End In Sight
- Is Variable Pricing Coming For Movies?
- Stocks Tumble To Close The Week On Chinese Growth Concerns
- Travelers Downgraded To Underperform
- Fitch Reasserts Regency Ratings
- Rating Action On DCF Global
- Zimmer To Present At A Conference
- Ignorance…or Arrogance?
- Neutral On Atmel Corporation
- Altera Shipping 28-nm FPGAs
- MGIC Stays Neutral
- Covidien To Acquire Oridion Systems
- Domestic Fuel Supplies Plunge
- Itron Reaches A New Milestone
- Jeffrey Immelt:Outsourcing Based Only On Labor Costs Is Becoming An Outdated Business Model
- Central Bank News Link List – 13 April 2012
- Upbeat PC Shipment Numbers For 1Q
- DFG Patches Up With Shareholders
- Valeant In Expansion Mode
- Merrill Lynch: Time To Take Some ‘Risk Off’
- Earnings Preview: Stryker
- Hot Option Plays: China’s Miss Pushes Market
- CSIQ Launches Reseller Program
- A Hold On American Public Education
Retaining Sigma-Aldrich At Neutral Posted: 13 Apr 2012 03:50 PM PDT We are maintaining our Neutral recommendation on global lab chemical and life sciences company Sigma-Aldrich Corporation (NASDAQ:SIAL) following its mixed fourth-quarter 2011 results. Its earnings of 91 cents a share for the quarter topped the Zacks Consensus Estimate of 89 cents. Sales rose 5% year over year to $610 million, but missed the Zacks Consensus Estimate. |
Anadarko Expands NGL Portfolio Posted: 13 Apr 2012 03:50 PM PDT Independent oil and gas producer Anadarko Petroleum Corporation (NYSE:APC) has inked a contract with Enterprise Products Partners L.P. (NYSE:EPD) and DCP Midstream, LLC for designing and building a natural gas liquids ("NGL") pipeline, stretching from Denver-Julesburg Basin ("DJ Basin") in Weld County, Colorado to Skellytown, in Carson County, Texas. The new Front Range Pipeline will span 435 miles. |
Posted: 13 Apr 2012 03:50 PM PDT Yahoo! Inc. (NASDAQ:YHOO) is scheduled to announce its first-quarter 2012 results on April 17, 2012. We witness upward movements in analyst estimates in the build-up to the release. |
Legg Mason March AUM Up Marginally Posted: 13 Apr 2012 03:35 PM PDT Baltimore-based Legg Mason Inc. (NYSE:LM) experienced a slight rise in its in March 2012 assets under management (AUM) on a sequential basis, driven by growth in liquidity assets. This was preceded by a rise in both February and January 2012 AUM. |
Nokia Downgraded To Underperform Posted: 13 Apr 2012 03:25 PM PDT Nokia Corp. (NYSE:NOK) is currently in difficult straits. Recently, Nokia issued a revised financial guidance for the first half of 2012, which was significantly below its earlier guidance. |
Hot Option Plays: Market Ends Worst Week Of 2012 On Friday The 13th Posted: 13 Apr 2012 03:22 PM PDT Cusick’s Corner 04-13-2012 |
Posted: 13 Apr 2012 03:15 PM PDT Gannett Company, Inc. (NYSE:GCI), the publisher of one of the country’s largest-selling daily newspapers, USA Today, and an S&P 500 company, is scheduled to report its first-quarter 2012 financial results before the market opens on Monday, April 16, 2012. |
Posted: 13 Apr 2012 03:05 PM PDT In line with its long-term growth strategy, Raven Industries, Inc. (NASDAQ:RAVN) has decided to realign its business segments. It will deploy the assets and team members of the Electronic Systems segment to the Aerostar and Applied Technology segments for the purpose. |
Chicago Bridge & Iron Stays Neutral Posted: 13 Apr 2012 03:05 PM PDT We are reaffirming our Neutral recommendation on Chicago Bridge & Iron Company, or CB&I (NYSE:CBI). The company delivered a solid fourth-quarter performance with earnings up 11% year over year and top-line growth of 32%. CBI benefited from the rising demand worldwide for energy infrastructure, especially in the LNG, gas processing and oil sands markets. |
Earnings Preview: The Thick Of Q1 Earnings Season Posted: 13 Apr 2012 02:50 PM PDT We are jumping right into the thick of the first quarter reporting cycle this week, with more than 250 companies coming out with results, including 89 companies from the S&P 500. We will have representation from the who's who of the corporate world, with a number of bellwether players on tap to come out with results. By the end of the week, we will have results from roughly one third of the S&P 500 companies, which will give us a fairly representative sample to judge this earnings … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Biogen’s Fampyra Launched In Canada Posted: 13 Apr 2012 02:50 PM PDT Biogen Idec (NASDAQ:BIIB) recently announced the launch of Fampyra in Canada. Fampyra gained approval in Canada in February 2012 for the symptomatic improvement of walking ability in adult multiple sclerosis (MS) patients. |
Montpelier Upgraded To Neutral Posted: 13 Apr 2012 02:40 PM PDT We are upgrading Montpelier Re Holdings Ltd. (NYSE:MRH) by a notch to Neutral from Underperform on the back of better performance in the fourth quarter. |
Monetary Policy Week In Review – 14 April 2012 Posted: 13 Apr 2012 02:35 PM PDT The past week in monetary policy saw 12 central banks announce interest rate decisions. Those that cut rates were: Vietnam -100bps to 13.00% and Mozambique -25bps to 13.50%, while Ghana increased +100bps to 14.50%. Those that held interest rates unchanged were: Russia 8.00%, Japan 0.10%, Armenia 8.00%, Indonesia 5.75%, Fiji 0.50%, Pakistan 12.00%, Korea 3.25%, Serbia 9.50%, and Peru 4.25%. Also making headlines in monetary policy was an announced monetary policy tightening by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Earnings Preview: Earnings Preview For The Week Of 4-16 Posted: 13 Apr 2012 02:30 PM PDT We are jumping right into the thick of the first quarter reporting cycle this week, with more than 250 companies coming out with results, including 89 companies from the S&P 500. We will have representation from the who's who of the corporate world, with a number of bellwether players on tap to come out with results. By the end of the week, we will have results from roughly one third of the S&P 500 companies, which will give us a fairly representative sample to judge this earnings … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Senior Housing Declares Dividend Posted: 13 Apr 2012 02:30 PM PDT Senior Housing Properties Trust (NYSE:SNH), a real estate investment trust (REIT) which primarily owns private pay senior living communities and medical office buildings (MOBs) across the U.S., has recently declared a first quarter 2012 dividend of 38 cents per share or $1.52 on an annualized basis. The dividend is payable on May 10, 2012 to shareholders of record as on April 13, 2012. |
General Cable Forays Into Brazil Posted: 13 Apr 2012 02:20 PM PDT General Cable Corporation (NYSE:BGC) expanded its reach in the Brazilian market with the acquisition of Delphia Produtos Eletricos Ltda. in São Bernardo do Campo, São Paulo State, Brazil. Delphia is engaged in the manufacture of automotive ignition wire harnesses. |
Posted: 13 Apr 2012 02:10 PM PDT We have upgraded energy-focused engineering and construction firm McDermott International (NYSE:MDR) shares to Neutral from Underperform, while being incrementally more positive on the company. |
Natural Gas Woes: No End In Sight Posted: 13 Apr 2012 02:05 PM PDT The U.S. Energy Department’s weekly inventory release showed a smaller-than-expected increase in natural gas supplies, as pipeline imports from Canada declined. |
Is Variable Pricing Coming For Movies? Posted: 13 Apr 2012 02:01 PM PDT LA Times — “It’s time for studios and the cinema industry to stop charging the same price to see any movie any day of the week, a media industry analyst said in a strongly worded research note Friday. “Movie exhibitors are operating with the largest amount of excess capacity of any industry we could find in the free world,” wrote Todd Juenger, a senior analyst at Bernstein Research. Nearly 93% of theater seats go unfilled, he said, including 99% between Monday and Thursday. Over the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Stocks Tumble To Close The Week On Chinese Growth Concerns Posted: 13 Apr 2012 02:00 PM PDT 04/13/12 Stocks fell to close the week Friday after China posted slower-than- forecast economic growth and American consumer confidence … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Travelers Downgraded To Underperform Posted: 13 Apr 2012 01:50 PM PDT We are downgrading our recommendation on The Travelers Companies Inc. (NYSE:TRV) to Underperform from Neutral given its exposure to catastrophe losses and low interest rate environment, which will continue to weigh on the results. |
Fitch Reasserts Regency Ratings Posted: 13 Apr 2012 01:50 PM PDT Fitch Ratings, the global credit rating firm, has reaffirmed the credit rating of BBB for Regency Centers Corporation (NYSE:REG), a real estate investment trust (REIT). The BBB-rating denotes a fairly stable outlook with a relatively strong credit quality, low default risk, and adequate capacity to meet current financial commitments. |
Posted: 13 Apr 2012 01:50 PM PDT Standard & Poor’s Ratings Services (S&P) allotted "B+" issuer credit rating (ICR) to DFC Global (NASDAQ:DLLR) with a stable outlook. |
Zimmer To Present At A Conference Posted: 13 Apr 2012 01:50 PM PDT Orthopedic medical devices company Zimmer Holdings (NYSE:ZMH) will participate in the upcoming Bank of America Merrill Lynch 2012 Health Care Conference in Las Vegas, Nevada, on May 16, 2012. |
Posted: 13 Apr 2012 01:45 PM PDT If the following headlines are any guide, a sizeable cohort of Wall Street types expects addditional Fed easing: |
Posted: 13 Apr 2012 01:30 PM PDT We recently reiterated our recommendation on Atmel Corporation (NASDAQ:ATML) |
Posted: 13 Apr 2012 01:30 PM PDT Altera Corporation (NASDAQ:ALTR) recently announced that one of its early customers in the Open CL for FPGAs program – goHDR has achieved successful results with the same. |
Posted: 13 Apr 2012 01:30 PM PDT We continue to rate the shares of MGIC Investment Corp. (NYSE:MTG) at Neutral prior to its fourth quarter earnings release. The company's business performance is primarily dependent on the housing market, which is recovering gradually. However, MGIC's continuing weak performance, stressed capital position and uncertainty relating to new business growth keeps us on the sidelines. |
Covidien To Acquire Oridion Systems Posted: 13 Apr 2012 01:20 PM PDT Leading health care products maker Covidien (NYSE:COV) recently revealed a definitive agreement to take over Oridion Systems Ltd. The boards of the two companies have inked the deal. Subsequently, a full subsidiary of Covidien will furnish $23.00 for each share of Oridion. |
Posted: 13 Apr 2012 01:05 PM PDT The U.S. Energy Department’s weekly inventory release showed that crude stockpiles jumped to their highest level since June 2011 amid a 1.9% drop in refinery utilization. However, on the bullish side, the agency's report revealed that refined product inventories – gasoline and distillate – dropped sharply from their previous week levels. |
Posted: 13 Apr 2012 01:05 PM PDT Itron, Inc. (NASDAQ:ITRI) reached a new milestone with the installation of its four millionth smart meter by Southern California Edison (SCE). Earlier, SCE had installed Itron’s smart meters and associated smart metering systems to support various programs and services which allow customers to manage their electricity usage and cut energy usage and utility bills. |
Jeffrey Immelt:Outsourcing Based Only On Labor Costs Is Becoming An Outdated Business Model Posted: 13 Apr 2012 12:57 PM PDT Jeffrey Immelt, CEO of General Electric, in the HarvardBusiness Review article "On Sparking an American Manufacturing Renewal": “One thing is clear: Outsourcing that is based only on laborcosts is yesterday's model. Today at GE we are outsourcing less and producing more inthe U.S. We created more than 7,000 American manufacturing jobs in 2010 and2011. Our success on the factory floorrests on human innovation and technical innovation – the keys to leading anAmerican … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Central Bank News Link List – 13 April 2012 Posted: 13 Apr 2012 12:51 PM PDT Here’s today’s Central Bank News link list, click through if you missed the previous central bank news link list. Remember, if you want to submit links for inclusion in the daily link list, just email them through to us or post them in the comments section below. Singapore Monetary Authority Tightens Monetary Policy (RTT News) |
Upbeat PC Shipment Numbers For 1Q Posted: 13 Apr 2012 12:50 PM PDT Market research firms IDC and Gartner recently came out with encouraging personal computer (PC) shipment numbers for the first quarter of 2012. As per the recent disclosure, worldwide personal computer shipments increased more than IDC's expectation during the first quarter. |
DFG Patches Up With Shareholders Posted: 13 Apr 2012 12:50 PM PDT Delphi Financial Group Inc. (NYSE:DFG) has agreed to settle a shareholder suit filed against the company concerning its buyout by Tokio Marine Holdings Inc. (TKOMY). |
Posted: 13 Apr 2012 12:50 PM PDT Continuing with its strategy of making acquisitions and thereby expanding its portfolio Valeant Pharmaceuticals International, Inc. (NYSE:VRX) recently purchased US-based, privately owned specialty pharmaceutical company, Pedinol Pharmacal, Inc. |
Merrill Lynch: Time To Take Some ‘Risk Off’ Posted: 13 Apr 2012 12:40 PM PDT With so many sectors of the market displaying significant correlation, investors and traders have come to define market movements in general as 'risk on' and 'risk off'. |
Posted: 13 Apr 2012 12:40 PM PDT Orthopedic major Stryker Corporation (NYSE:SYK) is slated to report its first quarter fiscal 2012 results after the closing bell on Tuesday, April 17. The current Zacks Consensus Estimate for the first quarter is 99 cents. |
Hot Option Plays: China’s Miss Pushes Market Posted: 13 Apr 2012 12:22 PM PDT Cusick’s Corner 04-13-2012 |
CSIQ Launches Reseller Program Posted: 13 Apr 2012 12:20 PM PDT Canadian Solar Inc. (NASDAQ:CSIQ) announced the launch of a dedicated Authorized Reseller Program focused on Europe, the Middle East and Africa (“EMEA”). Canadian Solar plans to actively support its EMEA reseller partners with extensive technical product training, professional sales and marketing support. |
A Hold On American Public Education Posted: 13 Apr 2012 12:05 PM PDT We maintained a Neutral recommendation on American Public Education, Inc. (NASDAQ:APEI) following appraisal of fourth quarter and full year 2011 results. |
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