DailyMarkets.com - Dejour Reports 1Q And Provides Update On Woodrush

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• Dejour Reports 1Q And Provides Update On Woodrush
• Wyndham Inks Deal With Hospitality
• Leading Economic Indicators
• Liberty Global To Bid For Base
• Ohio State Has 6.3 Full-Time Non-Teaching Employees For Every One Full-Time Professor
• Earnings Preview: Tiffany
• Nucor Announces Skyline Buyout
• Cable Players Shift Focus To SMB
• Cable Players Shift Focus To SMB
• Disappointing 1Q From Dell
• Wet Seal Posts In-line EPS
• Oil Still Below $92
• Soybean Prices Fail To Recover Despite Hot And Dry Weather Forecasts
• Stock Market News Briefs: Best Buy Co., Cree, Dell, Polo Ralph Lauren Corporation
• Compuware Posts In-Line 4Q
• Eurozone Stealing Domestic Thunder (Again)?
• Guess? EPS Beats, But Falls Y/Y
• Krispy Beats, Outlook Maintained
• Hormel Beats, Retains Guidance
• Stocks Take A Hit On EU Summit Doubts, Greece
• Five Money-Saving Websites
• Vodafone ’12 Hurt By Weak Europe
• Brown Shoe Tops, Guides Higher
• Jon Corzine And MF Global: “The System Failed Us”
• Why Big IPOs Are The Ultimate Middle Finger To Investors

Dejour Reports 1Q And Provides Update On Woodrush Posted: 23 May 2012 07:58 AM PDT Dejour reports 1Q and provides update on Woodrush Steven Ralston, CFA Late yesterday, Dejour (DEJ) provided an update on the oil production from the Halfway E Pool on its Woodrush property in northeastern British Columbia. Production from the new third well (AB-1) at Woodrush continued to be lower-than-expectations during the first quarter. In addition, Well D-91-H (drilled in 2008) experienced higher-than-expected water production. Under the Voidage Replacement Scheme approved by the British … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wyndham Inks Deal With Hospitality Posted: 23 May 2012 07:58 AM PDT Wyndham Hotel Group, an operational arm of Wyndham Worldwide Corporation (WYN), recently entered into an agreement with Hospitality Properties Trust (HPT) for branding of 20 hotels under the Wyndham Hotels and Resorts and Hawthorn Suites by Wyndham brands. Hospitality Properties is a real estate investment trust (REIT) primarily engaged in buying, owning, and leasing hotels designed for business, governmental, and family travelers. It currently owns 290 hotels and 185 travel centers located … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Leading Economic Indicators Posted: 23 May 2012 07:44 AM PDT The Conference Board reported this week that its Leading Economic Indexes increased in France by 0.40% in March, in China by 0.8% in April, in Australia by 0.2% in March, and in Germany by 0.3% in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Liberty Global To Bid For Base Posted: 23 May 2012 07:43 AM PDT A leading cable operator in Europe, Latin America and Australia, Liberty Global Inc. (NASDAQ:LBTYA), which currently holds a 50.2% stake in Telenet, announced its intention to bid for KPN's subsidiary BASE, a leading telecom carrier in Belgium. Earlier, Mexican telecom company, America Movil (NYSE:AMX) offered €2.6 billion to buy 28% shares of KPN. Deteriorating profits, persisting economic crisis in the European region has forced KPN to entertain takeover bids. In the recent past, Liberty Global … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Ohio State Has 6.3 Full-Time Non-Teaching Employees For Every One Full-Time Professor Posted: 23 May 2012 07:25 AM PDT From the NY Times article “Slowly, as Student Debt Rises, Colleges Confront Costs”:  “At a time of diminished state funding for higher education and uncertain federal dollars, Ohio State University president Mr. E. Gordon Gee [MP: Highest paid public-university college president at almost $2 million per year] says that public colleges and universities need to devise a new business model to pay for the costs of education, beyond sticking students with higher tuition and greater … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Tiffany Posted: 23 May 2012 07:23 AM PDT Tiffany & Company (NYSE:TIF), a high-end jewelry designer, manufacturer and retailerand an S&P 500 company, is slated to report its first-quarter 2012 financial results on Thursday, May 24. The current Zacks Consensus Estimate for the quarter is 69 cents a share that reflects a growth of 3% from the prior-year quarter's earnings. The estimates in the current Zacks Consensus range between a low of 60 cents and a high of 76 cents a share. The Zacks Consensus revenue estimate is pegged at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Nucor Announces Skyline Buyout Posted: 23 May 2012 07:23 AM PDT Steelmaker Nucor Corporation (NYSE:NUE) has announced that it is going to acquire Skyline Steel, a leading steel foundation distributor, and its subsidiaries from ArcelorMittal (NYSE:MT) for roughly $605 million. Nucor has penned a Stock Purchase Agreement for buying out the membership interests of Skyline Steel from ArcelorMittal. Following the deal closure, Skyline Steel will be Nucor's wholly owned subsidiary and will function out of its existing headquarters in Parsippany, New Jersey. Skyline … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cable Players Shift Focus To SMB Posted: 23 May 2012 07:23 AM PDT According to a report published by Moody’s Investors Service, the cable industry continues to expand into the business services vertical and is expected to see particularly strength in the Small and Medium Business (SMB) segment. They expect that the cable industry's revenues from business services to SMBs will touch $9 billion by 2014, up from $5.2 billion in 2011. This is expected to come as a result of market expansion, as telecom companies see their SMB revenues stagnate at current … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cable Players Shift Focus To SMB Posted: 23 May 2012 07:23 AM PDT According to a report published by Moody’s Investors Service, the cable industry continues to expand into the business services vertical and is expected to see particularly strength in the Small and Medium Business (SMB) segment. They expect that the cable industry's revenues from business services to SMBs will touch $9 billion by 2014, up from $5.2 billion in 2011. This is expected to come as a result of market expansion, as telecom companies see their SMB revenues stagnate at current … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Disappointing 1Q From Dell Posted: 23 May 2012 07:22 AM PDT Dell Inc. (NASDAQ:DELL) delivered earnings of 43 cents per share in the first quarter of 2013, missing the Zacks Consensus Estimate of 46 cents. Following the earnings release, the company's share price plunged more than 12.0% in Tuesday's after hour trade. The cannibalization of desktop PC market due to the growth of tablets and ultrabooks, as well as constrained IT spending by the U.S. and Euro zone has led to the earnings miss. Revenues Dell reported total revenue of $14.42 billion in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wet Seal Posts In-line EPS Posted: 23 May 2012 07:08 AM PDT Wet Seal Inc. (NASDAQ:WTSLA) reported first quarter 2012 earnings of 2 cents per share, which was sharply lower than the year-ago quarter's earnings of 8 cents. The earnings exclude the after-tax effect of non-cash asset impairment charges. However, earnings per share (EPS) were in line with Zacks Consensus Estimate. The year-on-year downfall in the net earnings was due to decline in revenues and same store sales in both Wet Seal and Arden B stores Consolidated Revenue and Margins Wet Seal's net … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Oil Still Below $92 Posted: 23 May 2012 07:00 AM PDT 05/23/12 Front month crude prices remained below $92 Wednesday morning on growing concerns over the health of the eurozone and the likelihood of Greece’s exit from the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Soybean Prices Fail To Recover Despite Hot And Dry Weather Forecasts Posted: 23 May 2012 06:49 AM PDT Wednesday, May 23, 2012 It is too early to dismiss any potential weather issues this coming year, and new-crop Soybean futures may not be pricing-in an adequate “weather premium,” especially given tight global supplies. Some traders who are bullish on Soybeans may choose to use any price weakness to explore the purchase of bull call spreads in Soybean futures options. An example of this trade would be to buy the November 1300 calls and sell the November 1500 calls for a net-debit of 46 cents, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Market News Briefs: Best Buy Co., Cree, Dell, Polo Ralph Lauren Corporation Posted: 23 May 2012 06:48 AM PDT     Shares of Cree, Inc. (NASDAQ:CREE) declined 6.5% following news that John Kurtzwell, Chief Financial Officer has resigned. Controller Michael McDevitt will serve as CFO on an interim basis     Ralph Lauren Corporation (NYSE:RL) gained 2.7% after it posted fourth quarter earnings per share of $0.99, surpassing the Zacks Consensus Estimate of $0.85. The company also doubled its quarterly cash dividend, amounting to $0.40 per share     Dell Inc. (NASDAQ:DELL) … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Compuware Posts In-Line 4Q Posted: 23 May 2012 06:47 AM PDT Compuware Corporation (NASDAQ:CPWR) posted earnings per share of 12 cents in the fourth quarter of fiscal 2012, compared to 16 cents in the year-ago quarter and 10 cents in the previous quarter, in line with the Zacks Consensus Estimate. Net income came in at $27.1 million versus $34.8 million in the previous year quarter and $21.6 million in the last quarter. In fiscal 2012, earnings per share were 40 cents versus 48 cents in fiscal 2011. Quite a few investments were made during the year which … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Eurozone Stealing Domestic Thunder (Again)? Posted: 23 May 2012 06:27 AM PDT The April New Home sales data coming out a little later could potentially divert attention from the ever-present Euro-zone drama, but odds are that we will have another trading session today devoted mostly to fretting about Greece.   Euro-zone leaders are meeting today in Brussels, where a host of potentially significant topics will be o the agenda. The clamor for more pro-growth measures and even the issuance of Eurobonds has been gaining momentum in recent days, particularly following … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Guess? EPS Beats, But Falls Y/Y Posted: 23 May 2012 06:27 AM PDT Guess? Inc.'s (NYSE:GES) first quarter 2013 adjusted earnings per share (EPS) of 30 cents came in ahead of the Zacks Consensus Estimate of 26 cents, but it fell significantly short of the year-ago EPS of 54 cents. Prior-year earnings excluded 8 cents in net non-operating charges, primarily unrealized mark-to-market charges related to foreign currency contracts and balances. A slight improvement in conditions in North America was offset by lower spending in Europe, as the region adhered to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Krispy Beats, Outlook Maintained Posted: 23 May 2012 06:08 AM PDT Krispy Kreme Doughnuts Inc.(NYSE:KKD) posted first quarter 2013 adjusted earnings of 14 cents per share, topping the Zacks Consensus Estimate by 6 cents and the year-ago earnings by a penny. On a reported basis, Krispy Kreme earned quarterly earnings of 8 cents per share. Total revenue climbed 3.7% year over year to $108.5 million in the quarter. Within segments, company store revenues grew 5.6% year over year to $73.3 million, Domestic franchise revenue increased 11.1% to $2.6 million and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hormel Beats, Retains Guidance Posted: 23 May 2012 06:08 AM PDT Hormel Foods Corporation (HRL) posted second-quarter 2012 financial results with earnings per share of 48 cents, surpassing the Zacks Consensus Estimate of 42 cents. The quarter's earnings also spiked 20% from 40 cents per share reported in the prior-year period. Net earnings reached $127.9 million, up from $109.6 million in the second quarter of 2011. Net sales for the second quarter of 2012 were $2,012.9 million, up 2.7% year over year, slightly missing the Zacks Consensus Estimate of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Take A Hit On EU Summit Doubts, Greece Posted: 23 May 2012 01:00 AM PDT 05/23/12 US stocks fell Wednesday on worries about Greece leaving the eurozone and a slowdown in Asian … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Five Money-Saving Websites Posted: 23 May 2012 05:56 AM PDT Five new sites to help you save money, from US News and World Report. 1. Priceonomics – a price guide for everything (featured on CD). 2. Aisle50 – Like Groupon, but for groceries. 3. Dealupa – a single place to find the best daily deals, organized according to their quality and relevance to you. 4.  Carsabi – the ultimate online tool for used-car research. 5.  SpringCoin — an automated, online debt-relief and debt- management … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Vodafone ’12 Hurt By Weak Europe Posted: 23 May 2012 05:48 AM PDT British mobile phone giant Vodafone Group Plc (NYSE:VOD) reported adjusted earnings of £0.1491 per share (or earnings per ADS of $2.38) for fiscal 2012 (ended March 31, 2012). The earnings missed the Zacks Consensus Estimate of $2.51 and decreased 11% from the last year. The lackluster results were due to higher taxes and weaker operations in Europe. Profitability at Vodafone was impacted by its strategy to exit minority holdings. These included the sale of stakes in the French joint ventureSFR, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Brown Shoe Tops, Guides Higher Posted: 23 May 2012 05:32 AM PDT After missing the Zacks Consensus Estimate for three consecutive quarters, St. Louis, Missouri-based Brown Shoe Company, Inc (NYSE:BWS) topped the Zacks Consensus Estimate in the first quarter of 2012. The company recently posted first quarter 2012 adjusted earnings of 23 cents per share, breezing past the Zacks Consensus Estimate of 9 cents and the year-ago quarter earnings of 16 cents per share. The better-than-expected results were attributable to higher sales coupled with benefits from cost … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Jon Corzine And MF Global: “The System Failed Us” Posted: 23 May 2012 04:08 AM PDT Almost eight months and still the customers of MF Global both here in America and overseas wait for restitution of their funds . . . and the American public waits for justice. But this story is passe and it is time to turn the page, correct? On to the 2012 campaign. The war on women. The debate over private equity. Who's married to whom? Folks, those topics may be worthy of debate, BUT they are sideshows as the theft and destruction of our trust, integrity, and confidence continues. Many … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Why Big IPOs Are The Ultimate Middle Finger To Investors Posted: 23 May 2012 01:19 AM PDT So they let a hoodie into the stock exchange and everyone got mugged. Well there's a surprise. Facebook (FB) has not only damaged its credibility but also the net wealth of hundreds of thousands of investors. The fact that the much hyped float has collapsed by close to 20% from its offer price in just a couple of days has ensured this shambles and its repercussions will remain on the front pages for a long time to come, but what gets less press is the fact that the Facebook listing is just … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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