DailyMarkets.com - Citrix Enhances Product Portfolio

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• Citrix Enhances Product Portfolio
• Telefonica Brasil Underperforms
• Marriott Boosts Dividend
• Coty Ups Bid, Lures Avon To Rethink
• EURUSD Drops To Lowest Level Since Mid-January As Yields Spike
• Focus To Remain On Europe
• Loss Narrows At Auxilium
• Markets In Everything: Degrees In “Social Justice”
• Stock Market News Briefs: Dillard’s, J P Morgan Chase & Co, McDermott International, NVIDIA Corporation
• Liberty Global Reports Mixed 1Q
• Corn Futures Fall On Bearish USDA Supply Report
• Core-Mark Tops, Outlook Reiterated
• Mothers Against America’s War On Drugs
• Expenses Lower TAM Earnings
• Wendy’s Lags, Estimates Fall
• Greek Deadlock Causes Global Equity Slide
• Bloomberg Bombshells Re: JP Morgan $2B Loss
• Telefonica Lags EPS, Rev Grows
• Generics Drive Dr. Reddy’s
• Crude Oil, Gold Sink As Euro Crisis Fears Grip Financial Markets
• Wall Street Protocal

Citrix Enhances Product Portfolio Posted: 14 May 2012 07:54 AM PDT Citrix Systems Inc.(NASDAQ:CTXS), which offers cloud computing service to PC and laptop users, has turned its focus toward mobile computing with the launch of GoToAssist application for iPhones and Android-based handsets. As smartphone and tablet usage is gaining momentum in the corporate world, the need for virtual network in mobile phone is also expanding. The GoToAssist application will enable smartphone users to host virtual meeting as well as send and receive official files. Moreover, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Telefonica Brasil Underperforms Posted: 14 May 2012 07:39 AM PDT Brazilian telecom carrier Telefonica Brasil SA (NYSE:VIV) reported first quarter 2012 net income of R$956.6 million ($541.2 million), down 15.2% year over year. Earnings per ADS came in at 48 cents, which missed the Zacks Consensus Estimate of 54 cents. Revenue grew 3.7% year over year to R$8.31 billion ($4.7 billion). The outperformance was primarily driven by growth in mobile revenue. Consolidated EBITDA inched up 0.3% year over year to R$2.85 billion ($1.61 billion) with EBITDA margin … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Marriott Boosts Dividend Posted: 14 May 2012 07:39 AM PDT Marriott International, Inc.(NYSE:MAR), a leading worldwide hospitality company, has recently announced its decision to hike its quarterly dividend by 30% to 13 cents per share from 10 cents per share. The quarterly dividend equates to an annualized dividend payment of 52 cents per share. The increased dividend will be paid on June 22, 2012, to stockholders of record as of May 18. Marriott has a consistent track record of paying dividends and the latest hike brings the forward annual dividend … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Coty Ups Bid, Lures Avon To Rethink Posted: 14 May 2012 07:19 AM PDT Avon Products Inc. (NYSE:AVP) seem to be in a state of dilemma after Coty Inc. inflated its takeover bid to roughly $10.7 billion for the world’s largest direct seller of beauty and related products. Coty, this time, has also set a deadline of May 14, 2012, for Avon to engage into talks regarding the takeover. If Avon fails to stick to the deadline, Coty plans to withdraw its proposal. Avon on May 13th informed Coty that the Board will consider the new bid and respond within a week. However, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EURUSD Drops To Lowest Level Since Mid-January As Yields Spike Posted: 14 May 2012 07:09 AM PDT Fundamental Headlines - Dimon Fortress Breached as Push from Hedging to Betting Blows up – Bloomberg - Moody's Said to Delay Bank Downgrades amid Crisis, JPMorgan Loss – Bloomberg - Greece Hits Political Stalemate, Euro Exit Fears Grow – Reuters - China May Give Foreign Pension Funds New Investment Opportunities – WSJ - Economists Forecast Subdued Growth in 2012 – WSJ European Session Summary What is the biggest problem in the market right now: Is it the Chinese growth picture? Is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Focus To Remain On Europe Posted: 14 May 2012 07:03 AM PDT With nothing major on the domestic economic calendar today and the earnings season winding down, the market's focus will remain on the unsettling developments in Europe, where the Greek political deadlock is increasing the odds that the country may not have a future within the common currency union.   The resulting anxieties are pushing German and U.S. Treasury yields lower and putting an uncomfortable spotlight on the Italian and Spanish government bond markets. Yields on Italian and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Loss Narrows At Auxilium Posted: 14 May 2012 07:03 AM PDT Auxilium Pharmaceuticals, Inc. (NASDAQ:AUXL) reported a first quarter loss of 4 cents per share, well below the year-ago loss of 25 cents and the Zacks Consensus Estimate of a loss of 12 cents. Revenues, which increased 26% to $73.6 million, were above the Zacks Consensus Estimate of $71 million. Quarter in Detail During the reported quarter, total Testim sales increased 27% to $58.7 million. Testim revenues in the U.S. were $57.9 million. Auxilium Pharma expects Testim revenues of $215 – $225 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Markets In Everything: Degrees In “Social Justice” Posted: 14 May 2012 06:51 AM PDT Who knew? You can now get a college degree (bachelor’s or master’s) in “Social Justice,” here are some examples: 1. Social Justice & Human Rights Degree (M.A.) at Arizona State University.  2. Bachelor’s degree in Social Justice at Hamline University.  3. Master of Arts in Social Justice and Community Development (M.A.) at Loyola University. 4. Social Justice Education Concentration at University of Massachusetts Amherst.   HT: Mike K in the comments section of this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Market News Briefs: Dillard’s, J P Morgan Chase & Co, McDermott International, NVIDIA Corporation Posted: 14 May 2012 06:44 AM PDT     Shares of JPMorgan Chase & Co. (NYSE:JPM) plunged 9.3% after it disclosed that it had lost $2 billion from derivative trading due to an unsuccessful hedging strategy     Dillard’s, Inc. (NYSE:DDS) rose 6.4% after it reported first quarter earnings per share of $1.88, beating the Zacks Consensus Estimate of $1.67     Shares of NVIDIA Corporation (NASDAQ:NVDA) rose 6.4% after it reported first quarter earnings per share of $0.10, matching the Zacks … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Liberty Global Reports Mixed 1Q Posted: 14 May 2012 06:44 AM PDT Liberty Global Inc. (NASDAQ:LBTYA) declared mixed financial results for the first quarter of 2012. In the previous quarter, the company added a net 445,000 organic revenue generating units (RGU), up 71% year over year. Quarterly GAAP net loss from continuing operation was $25.2 million or a loss of 9 cents per share compared with a net income of $342.4 million or $1.22 per share in the prior-year quarter. However, first-quarter 2012 adjusted (excluding special items) earnings per share of 17 cents … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Corn Futures Fall On Bearish USDA Supply Report Posted: 14 May 2012 06:43 AM PDT Monday, May 14, 2012 After trading as high as a $1.10 July premium to the December futures, the old-crop/new-crop spread has started to weaken, currently trading at an 81-cent July premium. With an expected increase in the 2011-12 ending stocks estimate and a potentially early harvest, we may see this premium begin to shrink, as buyers await “cheaper” new-crop supplies. Some traders who are turning bearish on Corn may perhaps wish to explore bear spreads in Corn futures – for example, buying … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Core-Mark Tops, Outlook Reiterated Posted: 14 May 2012 06:24 AM PDT San Francisco, California-based Core-Mark Holding Company, Inc. (NASDAQ:CORE) recently posted first quarter 2012 adjusted earnings of 39 cents per share, comfortably ahead of the Zacks Consensus Estimate of 23 cents as well as the year-ago earnings of 13 cents per share. The better-than-expected results were driven by double-digit growth in the top line and margin expansion. The company, which distributes packaged consumer products to the retail industry, reported net sales of $2.10 billion for the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Mothers Against America’s War On Drugs Posted: 14 May 2012 06:20 AM PDT Moms United to End the War on Drugs gathered on the steps of the Los Angeles Superior Courthouse to deliver a message yesterday on Mother’s Day: No More Drug War War on Peaceful Americans Who Voluntarily Choose To Use Intoxicants Not Currently Approved of by the Government, Who Will Put Users in Cages if Caught.  Reason.tv was on the scene to talk with mothers who’d had their families torn apart by U.S. drug policy, watch the video … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Expenses Lower TAM Earnings Posted: 14 May 2012 06:09 AM PDT On May 11, TAM S.A (NYSE:TAM) reported its financial results for the first quarter of 2012, with a net income of R$100.9 million (US$57.0 million), down 21.7% from R$128.8 million (US$77.6 million) in the year-ago quarter based on elevated expenses. Earnings per share were recorded at R$0.6 per share (US$0.34 per ADR) compared with R$0.8 per share (US$0.48 per ADR) reported in the year-ago quarter. In the first quarter, operating revenue was R$3,228.5 million (US$1,824.0 million), up 6.1% year … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wendy’s Lags, Estimates Fall Posted: 14 May 2012 06:09 AM PDT The Wendy's Co. (NYSE:WEN) recently posted first quarter 2012 adjusted earnings of a penny per share, missing the Zacks Consensus Estimate of 3 cents as well as the year-ago earnings of 2 cents. On a GAAP basis, the company's earnings were 3 cents per share, better than the year-ago quarter's break-even results. Operational Highlights Total revenue in the quarter under review inched up 1.8% year over year to $593.2 million. An increase in average check facilitated sales growth, which was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Greek Deadlock Causes Global Equity Slide Posted: 14 May 2012 06:00 AM PDT 05/14/12 Global equities started the week in the red as Greece’s struggle to form a government amid rising speculation the nation may soon leave the euro zone kept investors … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bloomberg Bombshells Re: JP Morgan $2B Loss Posted: 14 May 2012 05:54 AM PDT Bloomberg just reported a couple of bombshells which, when digested, strike right at the integrity and veracity of JP Morgan (NYSE:JPM) CEO Jamie Dimon's comments a month ago. What did Bloomberg report? The JPM traders managing the risk within this portfolio were known to execute trades over the course of the last few days of the month. Why is that so interesting and important? If the firm had such large and unwieldy positions, this end of month trading activity would likely be seen as an … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Telefonica Lags EPS, Rev Grows Posted: 14 May 2012 05:49 AM PDT Spanish telecom giant Telefonica S.A. (NYSE:TEF) reported adjusted earnings of 38 cents per ADS (€0.29 per share) in the first quarter of 2012 that missed the Zacks Consensus Estimate of 43 cents. Earnings per share dropped 25.7% from the year-ago quarter. Adjusted net income decreased 26.6% year over year to €1.28 billion ($1.68 billion). Consolidated revenue inched up 0.5% year over year to €15.51 billion ($20.33 billion) in the reported quarter beating the Zacks Consensus Estimate of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Generics Drive Dr. Reddy’s Posted: 14 May 2012 05:33 AM PDT Dr. Reddy's Laboratories (NYSE:RDY) reported fiscal 2012 (ended March 31) earnings per American Depositary Share (ADS) of $1.60, above the year-ago earnings of $1.30 per ADS. Higher revenues boosted earnings. The Zacks Consensus Estimate for fiscal 2012 was $1.87 per ADS. Year at a Glance The company reported revenues of $1.90 billion during the year, reflecting a year-over-year increase of 30%. Dr. Reddy's reports revenues under two segments – Global Generics and Pharmaceutical Services … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil, Gold Sink As Euro Crisis Fears Grip Financial Markets Posted: 14 May 2012 02:00 AM PDT Talking Points Crude Oil, Copper Follow Shares Lower on Greek-Linked Risk Aversion Gold and Silver Sold as US Dollar Rides Haven Demand to 2-Month High Commodity prices are trading broadly lower in European hours as Greece-linked jitters continue to weigh on risk sentiment trends. Growth-sensitive crude oil and copper prices following stocks lower while safe-haven flow buoy the US Dollar, applying de-facto downward pressure on gold and silver. Lawmakers in Athens once again failed to come to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wall Street Protocal Posted: 13 May 2012 04:00 PM PDT 05/14/12 NYFP’s “Wall Street Lingo”: Todd Schoenberger of the BlackBay Group discusses “Wall Street … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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