Monday, April 16, 2012

DailyMarkets.com - Why This Gold Miner Has Considerably Outperformed The Sector Since 2008

DailyMarkets.com - Why This Gold Miner Has Considerably Outperformed The Sector Since 2008

Why This Gold Miner Has Considerably Outperformed The Sector Since 2008

Posted: 16 Apr 2012 05:12 PM PDT

New Gold (NGD) and its world class gold/copper project El Morro partnered
with mining titan Goldcorp (NYSE:GG) has decided to commence construction of one
of the world's largest gold-copper projects after the Chilean winter.
 
Quoting Randall Oliphant, Chairman of NGD, ""Our 30 percent interest in El
Morro positions us very well as we have a meaningful share of this great
project, with a proven mine developer and operator as a partner and a
favorable financing arrangement that carries … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Endocyte Pops On Merck Deal

Posted: 16 Apr 2012 03:50 PM PDT

04/16/12 Endocyte shares posted a triple-digit percentage gain after entering into an agreement with Merck & Co. The development deal for Endocyte’s experimental cancer drug could bring an additional $880 million to the biopharmaceutical company in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Alliance-Premier Designs Inks Deal

Posted: 16 Apr 2012 03:40 PM PDT

Alliance Data Systems Corporation (NYSE:ADS) inked a long-term deal with Premier Designs Inc. in order to offer private label credit services to the latter.
Irving, Texas based Premier Designs, through independent distributors referred as "jewelers," markets their jewelry across the United States and Puerto Rico.
Per the agreement, Alliance Data will acquire Premier Designs’ present records of private label credit card accounts for an undisclosed amount. The purchase is expected to close in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

JCI Commences Production In Hungary

Posted: 16 Apr 2012 03:25 PM PDT

Johnson Controls Inc. (NYSE:JCI) has launched production at its new manufacturing plant in Kecskemet, Hungary. The plant will supply complete seating systems for Daimler's (DDAIF) new Mercedes-Benz B-Class. The company will produce seating systems for the first and second seat row of the car.  
The plant provides employment to 130 people. The company plans to add 70 jobs at the plant with the inclusion of a second shift.
Keeping the quality control aspect in mind, the company will provide … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Watch Goldman In The Morning

Posted: 16 Apr 2012 03:24 PM PDT

Cusick’s Corner
Trade continued to stay mixed and Put/Call ratios are at 1 for the first time in a while. Yes, the Dow Industrials did finish up but there are yield plays in this index in times of uncertainty. With AAPL at $580 and getting close to the gap at $575, if fear does come in this stock then we need to really take note. Goldman Sachs (NYSE:GS) reports earnings in the morning, keep an eye on this report because it may set the tone early tomorrow. See you Midday.
Economic data was in focus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Tuesday Brings More Earnings, Data

Posted: 16 Apr 2012 03:20 PM PDT

04/16/12 Earnings season continues in earnest on Tuesday. Key US economic data on housing and industrial production will be … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sigma-Aldrich Intros CHOZN System

Posted: 16 Apr 2012 03:15 PM PDT

Global lab chemical and life sciences company Sigma-Aldrich Corporation (NASDAQ:SIAL) has recently introduced a new cell expression system which enables rapid, simpler selection and scale-up of high-producing clones for making recombinant protein drugs. The system was launched through the company's custom manufacturing and services division "SAFC."
The new CHO (Chinese Hamster Ovary) cell expression platform dubbed "CHOZN" has been geared to offer an off-the-shelf production solution for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Video

Posted: 16 Apr 2012 03:05 PM PDT

Video

Posted: 16 Apr 2012 03:03 PM PDT

Earnings Preview: EBay Inc.

Posted: 16 Apr 2012 03:00 PM PDT

eBay Inc. (NASDAQ:EBAY) is scheduled to announce its first quarter fiscal 2012 results on April 18, 2012, and we notice only 1 upward movement in analyst estimates.
Prior-Quarter Synopsis
eBay's fourth quarter 2011 earnings per share (EPS) of 60 cents (excluding one-time items and stock-based compensation) were better than the Zacks Consensus Estimate of 55 cents, thanks to healthy demand and the positive impact of recent acquisitions. The Payments segment and mobile platforms were the high points … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

PartnerRe Off A.M. Best Radar

Posted: 16 Apr 2012 02:50 PM PDT

Ratings agency A.M. Best has taken PartnerRe Ltd. (NYSE:PRE) and its subsidiaries off of its radar, after placing it under review since January this year. The ratings agency was wary about the severity of catastrophe (CAT) losses, which had heavily battered the company's financials in 2011.
A.M. Best's review was backed by PartnerRe's assessment of increased CAT losses in 2011. Under the review, the rating agency analyzed and compared the company's capital position along with its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Medtronic Study For PAD Patients

Posted: 16 Apr 2012 02:40 PM PDT

Medtronic (NYSE:MDT) recently announced the initiation of IN.PACT SFA II study to evaluate the safety and efficacy of its Admiral drug-eluting balloon in the treatment of peripheral artery disease ("PAD") in the superficial femoral artery and/or proximal popliteal artery. Successful commercialization of the device can be of immense help to a large patient base as estimates put the number of afflicted people in the US alone to almost 8-12 million. 
The IN.PACT SFA II study will involve … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Chico’s Pays Quarterly Dividend

Posted: 16 Apr 2012 02:35 PM PDT

Chico's FAS Inc. (NYSE:CHS), operating in specialty apparel market, announced a quarterly dividend to 5.25 cents per share, or an annualized dividend of 21 cents per share, a 5% growth from the dividend rate in June 2011.
As per the company, the dividend will be paid on June 25, 2012 to shareholders of record as of June 11, 2012.
One of Chico's peers Nordstrom Inc. (NYSE:JWN) paid an increased quarterly dividend of 27 cents per share on March 15, 2012. This reflected a 17% increase in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Monday Afternoon Links

Posted: 16 Apr 2012 02:21 PM PDT

1.Recycling America's Abandoned Auto Plants: Shuttered U.S. auto plants aren’t eyesores, they’re valuable assets worth saving and recycling.

2. Exxon’s Big Bet on Shale Gas: ExxonMobil now produces about as much natural gas as it does oil, and CEO Rex Tillerson thinks the fracking party has just begun.

3. Hitchhiking in Cuba: It’s about the only way to get around outside Cuban cities. Gasoline costs about what it does in the United States. Most Cubans don't have cars. Most earn a monthly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Southwest Airlines

Posted: 16 Apr 2012 02:15 PM PDT

The largest U.S. low-cost carrier Southwest Airlines Co. (NYSE:LUV) is slated to release its first quarter 2012 earnings on April 19 before the opening bell. The current Zacks Consensus Estimate for the first quarter is 5 cents per share, representing a substantial 266.67% decline from the year-ago level.
Southwest had positive surprises averaging 5.13% in the last four quarters. In the year-ago quarter (i.e. first quarter of 2011), the company had not surprised us by reporting earnings on par … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Diageo’s Marketing Under Review

Posted: 16 Apr 2012 02:15 PM PDT

Reportedly, the world's leading brewer, Diageo Plc. (NYSE:DEO), has been asked by the Federal Trade Commission (FTC) to provide the details of its digital marketing and data collection.
The commission has taken this measure to stop the underage teens getting access to the advertisements and promotions undertaken by the alcohol company. This initiative is a part of FTC’s periodic review and it is aimed at finding how effective the industry’s voluntary guidelines are in reducing marketing messages … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

PPG Introduces Coatings Brochure

Posted: 16 Apr 2012 02:00 PM PDT

PPG Industries Inc. (NYSE:PPG) announced that its industrial coatings business has published a new brochure for its full line of coatings and pretreatment products used in automotive parts and accessories. In addition to highlighting more than a dozen of coatings and pretreatment products, the brochure describes the benefits of working with PPG's global network of paint application experts, product development specialists and technical support personnel.
Many brands including SPECTRACRON and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AB InBev Takes Control Of Dominican Brewer For $1.24B

Posted: 16 Apr 2012 09:00 AM PDT

04/16/12 Anheuser-Busch InBev said Monday that it has gained control of Cerveceria Nacional Dominicana SA, maker of Presidente beer, in cash deal worth over $1 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Neutral On Osiris Therapeutics

Posted: 16 Apr 2012 01:50 PM PDT

We recently reiterated our Neutral recommendation on Osiris Therapeutics, Inc. (NASDAQ:OSIR). Osiris Therapeutics, a stem cell therapeutic company, is focused on the development and marketing of products for the treatment of medical conditions in the inflammatory, orthopedic, wound healing and cardiovascular areas.
Osiris Therapeutics' lead candidate, Prochymal, is being developed for multiple indications including acute myocardial infarction, type I diabetes, the treatment of steroid refractory … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Not A Good Sign

Posted: 16 Apr 2012 01:44 PM PDT

While it is not an infallible signal, the recent trend in federal tax receipts suggests the economy is not, as Treasury Secretary Timothy Geithner claimed on Sunday, “getting stronger.” If anything, it would seem to be the opposite.
(Hat tip to Global Economic … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Energy Facts Of The Day: The “Decline Of Coal”

Posted: 16 Apr 2012 01:36 PM PDT

1. “Total U.S. carloads of coal by rail during the first quarter of 2012 fell to 1.55 million carloads, the lowest level for any quarter since the beginning of 1994, as demand for coal by the U.S. electricity sector decreased.” Source: EIA

2. “Although still the largest single fuel for electricity generation, coal’s share of monthly power generation in the United States dropped below 40% in November and December 2011. The last time coal’s share of total generation was below 40% for a monthly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Fitch Reaffirms Progressive Ratings

Posted: 16 Apr 2012 01:35 PM PDT

Fitch Ratings reiterated the Issuer Default Rating ("IDR") of ‘A+’, Senior debt ratings of ‘A’ and Junior subordinated debt of ‘BBB+’ for The Progressive Corporation (NYSE:PGR). The credit rating agency also reaffirmed the Insurer Financial Strength ("IFS") rating of ‘AA’ on Progressive's subsidiaries. The outlook is stable.
These ratings affirmation came on the back of Progressive's outstanding operational performance, proficiency manifested in pricing and underwriting, conservative … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Nat Gas Rig Count Lowest Since 2002

Posted: 16 Apr 2012 01:30 PM PDT

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (NYSE: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 thirteenth 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

Stocks Rise On Retail Sales, Apple Hurts Nasdaq

Posted: 16 Apr 2012 08:30 AM PDT

04/16/12 Most stocks were in positive territory Monday as a stronger-than-forecast increase in retail sales lifted optimism about the world’s largest … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

PPL Corp Acquires AES Corp Units

Posted: 16 Apr 2012 01:21 PM PDT

PPL Corporation (NYSE:PPL) has completed its earlier announced acquisition of AES Ironwood, L.L.C. and AES Prescott, L.L.C., subsidiaries of The AES Corporation (NYSE:AES). Post acquisition, the entities will be known as PPL Ironwood.
PPL and AES have a longstanding relationship going back to 2008. PPL has been providing natural gas for the operation of the AES Ironwood plant through its subsidiary PPL EnergyPlus, LLC. In return, AES secured PPL's overall production under a tolling agreement till … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Marriott To Binge On Caribbean

Posted: 16 Apr 2012 01:15 PM PDT

Marriott International Inc. (NYSE:MAR) recently revealed its intention to double is presence in the Caribbean and Latin America by 2017. Currently, Marriott operates 69 hotels in 25 countries in that region. The hotelier sees significant opportunities for growth in Latin America, which is domestically under-hoteled to meet its future demand.
Presently, there are 35 Marriott hotels signed or in progress in the Caribbean and Latin America. Already, 9 of Marriott’s 18 brands are prevailing in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CSC Embarking On Canadian Expansion

Posted: 16 Apr 2012 01:15 PM PDT

Computing major Computer Sciences Corporation (NYSE:CSC) recently revealed plans of offering its unified communications and collaboration (UCC) solutions suite to Canadian customers.
Based on its multi-paltform integration technique, CSC has developed this service in collaboration with networking major Cisco Systems Inc. (NASDAQ:CSCO). This service is expected to enhance productivity and also help in the decision making process, while reducing costs.
This whole facility is built on the UCC platform, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

LTC Properties Declares Dividend

Posted: 16 Apr 2012 01:05 PM PDT

LTC Properties Inc. (NYSE:LTC), a healthcare real estate investment trust (REIT), has recently declared a monthly dividend of 14.5 cents per share for the second quarter of 2012. The dividend is payable in cash on the last working day of each of the respective month in the quarter.
Earlier in first quarter 2012, LTC Properties had increased its monthly dividend payout by about 3.6% compared to the last dividend paid in the previous months of the earlier quarter.
A steady dividend payout … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ABB Powers Indian Metro Rail

Posted: 16 Apr 2012 01:00 PM PDT

ABB Ltd. (NYSE:ABB) will provide its power solution for the upcoming metro rail network for Jaipur, capital of Rajasthan, India. The contract was awarded by Delhi Metro Rail Corporation Limited (DMRC) and is valued at $15 million. The first-quarter bookings of ABB includes this contract. 
The contract is a part of the Jaipur Mass Rapid Transport System (MRTS), an eco-friendly project being developed to facilitate transport for 11,000 people every hour on each rail corridor. The project will … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

HALO: What’s The Response?

Posted: 16 Apr 2012 12:58 PM PDT

One of the most difficult and disappointing experiences as an investor/trader is when a stock, recently purchased based on an excellent chart with excellent prospects blows up in your face.  That happened to me today. I purchased HALO (Halozyme Therapeutics, … Continue reading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Fossil Stays Neutral

Posted: 16 Apr 2012 12:50 PM PDT

We maintained our Neutral rating on Fossil, Inc. (NASDAQ:FOSL) following appraisal of fourth quarter and full year 2011 results.
Fossil posted earnings of $1.87 per share in the fourth quarter exceeding the prior-year earnings of $1.46 per share, driven by double-digit sales growth and lower share count. The results also exceeded the Zacks Consensus Estimate of $1.77 per share.
Worldwide net sales climbed 18.5% to $830.8 million in the quarter, reflecting strong sales momentum in all its segments. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Neutral On Waste Management

Posted: 16 Apr 2012 12:40 PM PDT

We maintain our Neutral recommendation on Waste Management Inc. (NYSE:WM). The company is the largest provider of comprehensive waste management services in North America.
Waste Management recorded a 5% rise in earnings per share to 63 cents on the back of a 7% increase in revenues to $3.4 billion in the fourth quarter of 2011. Both the figures outperformed the respective Zacks Consensus Estimates.
Waste Management's recent acquisition of Oakleaf Global Holdings will provide North American … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

KB Home Lowers Dividend

Posted: 16 Apr 2012 12:25 PM PDT

In response to weak first quarter 2012 results announced in late March this year, KB Home (NYSE:KBH) reduced its dividend for the second quarter. The company declared a dividend of $0.025 per share, down from the company's quarterly dividend of $0.625 per share. The dividend will be paid on May 17 to shareholders whose names appear in the record books on May 3, 2012.
KB Home recently reported lower-than-expected first quarter results. The company reported adjusted net loss per share of 51 cents … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Caterpillar Down To Neutral

Posted: 16 Apr 2012 12:05 PM PDT

We have recently downgraded our recommendation on Caterpillar Inc. (NYSE:CAT) from Outperform to Neutral due to the recent loss of momentum in sales growth, margin headwinds, negative impact of the European debt crisis and a slowing Chinese economy. The quantitative Zacks #3 Rank (short-term Hold rating) for the company indicates no clear directional pressure on the shares over the near term.
In 2011, Caterpillar recorded an impressive 88% surge in profits to $7.79 per share (excluding the impact … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Tuesday, April 17, 2012

Posted: 16 Apr 2012 04:33 AM PDT

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Tuesday, April 17, 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
110.38
+ 0.02
110.25
110.21

Bullish

BND – Vanguard Total Bond Market ETF
83.71
0.00
83.63
83.60

Bullish

DBC – DB Commodity Index Tracking Fd
28.06
− 0.99
28.34
28.38

Bearish

DIA – SPDR DJ Industrial Average ETF
129.07
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Forex Trading On Tuesday, April 17, 2012

Posted: 16 Apr 2012 04:33 AM PDT

By ForexMansion.com

The Trend Trader for Forex
For Trading On Tuesday, April 17, 2012

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0354
− 0.15
1.0378
1.0349

Neutral

EURUSD – Euro / US Dollar
1.3141
+ 0.49
1.3125
1.3107

Bullish

GBPUSD – British Pound / US Dollar
1.5899
+ 0.33
1.5902
1.5880

Neutral

USDCAD – US Dollar / Canadian Dollar
0.9993
+ 0.01
0.9981
0.9990

Bullish

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, April 17, 2012

Posted: 16 Apr 2012 04:33 AM PDT

By ForexMansion.com

The Trend Trader for Futures
For Trading On Tuesday, April 17, 2012

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Jun ESM2
1364.00
− 0.07
1372.50
1368.67

Bearish

Dow Jones – Jun YMM2
12850
+ 0.48
12855
12802

Neutral

Nasdaq – Jun NQM2
2663.75
− 1.10
2704.58
2708.58

Bearish

Russell – Jun TFM2
795.00
+ 0.23
798.63
794.17

Neutral

INTEREST RATES

US T-Bond – Jun ZBM2
141-28
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Stock Trading On Tuesday, April 17, 2012

Posted: 16 Apr 2012 04:33 AM PDT

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Tuesday, April 17, 2012

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
9.86
+ 0.10
9.97
9.80

Neutral

AXP – American Express Company
57.83
+ 0.96
57.59
57.17

Bullish

BA – Boeing Co
72.68
− 0.33
72.87
72.45

Neutral

BAC – Bank of America Corporation
8.79
+ 1.27
8.89
8.79

Neutral

CAT – Caterpillar Inc
106.74
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Where’s The Beef For Gold Equities?

Posted: 15 Apr 2012 10:00 PM PDT

Gold bulls have plenty of room to graze in the stockyard these days as the investing herd migrated to other assets during the market's steep climb in 2012. For the fourth time in the past year, gold bears outnumbered the bulls in Bloomberg's weekly Gold Bull/Bear Sentiment Survey. In fact, the bears had the bulls outnumbered by almost 2-to-1.

Today's growing sloth of gold bears is a "buy" signal for contrarian investors like us at U.S. Global. Research from the gold team at Canaccord … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Presidential Visits To The NYSE Trading Floor

Posted: 14 Apr 2012 09:30 PM PDT

04/15/12 NYFP’s “This Week in Wall Street History”: Todd Schoenberger of The BlackBay Group discusses the short, yet important history of active Presidents visiting the floor of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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