Friday, May 18, 2012

DailyMarkets.com - Commodity Prices Have Scope To Rise Into The End Of Trading Week

DailyMarkets.com - Commodity Prices Have Scope To Rise Into The End Of Trading Week


Commodity Prices Have Scope To Rise Into The End Of Trading Week

Posted: 18 May 2012 01:56 AM PDT

Talking Points

Crude Oil, Copper May Rise Amid Profit-Taking on Risk Aversion Bets
Gold and Silver Well-Supported on QE3 Hopes, Eurozone Instability

Commodity prices are showing diverging performance in early European trade. Growth-sensitive crude oil prices are following shares lower but likewise sentiment-linked copper is essentially flat. Meanwhile, gold and silver are on the upswing, following up on a jump higher in late Wall Street trade after a disappointing set of US economic data … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bear Of The Day: CRA International (CRAI)

Posted: 17 May 2012 11:13 PM PDT

CRA International’s (NASDAQ:CRAI) first quarter 2012 results were discouraging. Earnings lagged the Zacks Consensus Estimate significantly, owing to the drastically poor performance of its management consulting business. As a result, all key-line items experienced a downside.
The performance of management consulting suffered because of delays in several projects, particularly in Europe. Although management reaffirmed its outlook for 2012, based on first quarter results, we remain skeptical about its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bull Of The Day: Las Vegas Sands Corp. (LVS)

Posted: 17 May 2012 11:13 PM PDT

Las Vegas Sands Corp.’s (NYSE:LVS) first-quarter results were robust with an industry-wide record of $1 billion EBITDA and adjusted earnings up 89.2% year over year. The first-quarter earnings also surpassed the Zacks Consensus Estimate by $0.10.
The company enjoys a revenue compound annual growth rate of over 20%. With the gradual recovery in global economy, the company is experiencing an increase in demand. Macao and Singapore operations continue to witness strong momentum. The business at Las … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Growth & Income Stock: MSA

Posted: 17 May 2012 11:13 PM PDT

MSA (NYSE:MSA) delivered record first quarter revenue and earnings on April 25, prompting analysts to revise their estimates significantly higher for both 2012 and 2013.
It is a Zacks #1 Rank (Strong Buy) stock.
The company also recently announced another dividend increase as earnings continue to grow. It currently yields 2.7%.
Safety First
MSA (which stands for Mine Safety Appliances) manufactures safety products for a wide range of industries. Some of its products include: respirators, gas … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Aggressive Growth Stock: PetSmart

Posted: 17 May 2012 11:13 PM PDT

PetSmart (PETM) has posted several positive earnings surprises and is now a Zacks #2 Rank (Buy).
Company Description
PetSmart operates as a specialty retailer of products and services for pets. The company offers pet food, treats, and litter. It also offers hard goods which include pet supplies and other goods comprising collars, leashes, health care supplies, grooming and beauty aids, toys, apparel, and pet beds. In addition, the company operates PetsHotels that offer boarding for dogs and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Momentum Stock: Universal Forest Products, Inc.

Posted: 17 May 2012 11:12 PM PDT

Shares of Universal Forest Products, Inc. (NASDAQ:UFPI) moved higher after the company released strong first quarter 2012 results, which included a 600% earnings surprise, and announced the acquisition of an Alabama-based manufactured housing supplier.
This Zacks #1 Rank (Strong Buy) wood-based construction materials provider is trading around its 52-week high and showing strong momentum.
Upbeat Results and Lucrative Acquisition
On April 19, Universal Forest Products reported an upbeat first-quarter … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Myth Of “Idle Leases” For Oil On Federal Land

Posted: 17 May 2012 08:42 PM PDT

What sense would it make for profit-maximizing oil companies like Exxon Mobil to pay the federal government millions of dollars every year for offshore and onshore oil leases on federal land, and then leave that land idle?  Especially today when oil prices are close to all-time inflation-adjusted highs?  If you said “No sense at all,” you can go the head of the class, as Professor Walter E. Williams would say.  And yet that is exactly what Team Obama is saying:

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


A Matter Of (Mis)Perception?

Posted: 17 May 2012 05:36 PM PDT

In “Declinism Resurgent,” The Economist notes that Americans are quite pessimistic right now:
Six months from polling day, America's election campaign has opened with a blizzard of tendentious commercials, contrived razzamatazz and mind-numbing trivia. Was the stadium in Ohio at which Barack Obama launched his campaign on May 5th really "half empty", as a conservative website reported? (Probably not: there were perhaps 14,000 Obama supporters in a stadium that can accommodate some 20,000 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


How Odd That Mitt’s Smitten With Clinton

Posted: 17 May 2012 04:06 PM PDT

Mitt Romney is full of praise for Bill Clinton even as he heaps scorn on Obama. "Almost … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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