Friday, May 25, 2012

DailyMarkets.com - Encana Stands At Neutral

DailyMarkets.com - Encana Stands At Neutral

Encana Stands At Neutral

Posted: 25 May 2012 11:13 AM PDT

We are maintaining our Neutral recommendation on Encana Corporation (NYSE:ECA), reflecting its diverse and richquality portfolio of natural gas assetsalong with well-designed investment program. However, the current unfavorable macro backdrop (weak natural gas prices) remains an overhang on the stock.
Headquartered in Calgary, Alberta, Encana is one of the largest natural gas companies in North America with operations spread over Canada and the U.S. The company boasts of a large inventory of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

HeartWare Product Makes Headway

Posted: 25 May 2012 11:13 AM PDT

Leading heart pump maker HeartWare International (HTWR) recently revealed that it has strengthened its HeartWare Ventricular Assist System portfolio in Europe with the CE Mark extension for long-term use in patients susceptible to fatal heart failure. The company has also published the U.S. clinical results of ADVANCE, an Investigational Device Exemption ("IDE") study, designed to test the system as a bridge to heart transplantation for advanced heart failure patients.
The expanded CE … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Costco’s Balanced Approach

Posted: 25 May 2012 10:53 AM PDT

Costco Wholesale Corporation (NASDAQ:COST) continues to be a dominant retail wholesaler based on the breadth and quality of merchandises it offers. The company's strategy to sell products at heavily discounted prices has helped it to remain on a positive growth track amid the beleaguered economic conditions, as budget-conscious customers continue to see it as a viable option for low-cost necessities. Having delivered comparable-store sales growth consistently, Costco is well positioned in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Headline, Headline Read All About It!

Posted: 25 May 2012 10:46 AM PDT

Cusick’s Corner 05-24-2012
Headlines dominate this market, whether it is talk that Greece is in or out, QE3, or Data mixed. Right now Greece’s headlines will overshadow most data at this stage, especially going into the long weekend. Overnight and early morning action could be brisk with Consumer data coming out of the EU and in Asia, and with the way the Bonds and Equities have been trading, it does not feel like the Bears have the control that they had earlier in the week. The Euro strength … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Market Firming Into The Midday

Posted: 25 May 2012 10:46 AM PDT

Cusick’s Corner 05-25-2012
The market has been firm into the Midday and I expect that as we get into the After Hours trade things should quiet down as desks clear out early into the long weekend. As I mentioned last week in the Corner, this has been a tough month so far, but there is still potential at this stage for further pressure. As far as price action is concerned, the broken support level of 1350 on the S&Ps is now resistance. After the Michigan Sentiment number came out — Consumer … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Peet’s Introduces New Iced Coffee

Posted: 25 May 2012 10:32 AM PDT

Peet's Coffee & Tea, Inc. (NASDAQ:PEET) has introduced a new iced coffee, Baridi Iced Coffee Blend, for coffee lovers to beat the heat this summer. Baridi Iced Coffee Blend is the perfect name for the new refreshing drink, as 'Baridi' means 'cold', and the coffee is blended using Peet's selected premium East African coffees to get the aromatic juicy flavor.
The company offers a variety of iced espresso beverages, iced teas, and seasonal tea coolers to beat the summer heat. Besides … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Deere Poised At Neutral

Posted: 25 May 2012 10:32 AM PDT

We maintain our Neutral recommendation on Deere & Co. (NYSE:DE).  The quantitative Zacks #3 Rank (short-term Hold rating) for the company indicates no clear directional pressure on the shares over the near term.
Deere delivered earnings of $2.61 per share in the second quarter and worldwide total sales of $10 billion, both ahead of the respective Zacks Consensus Estimates. Deere expects equipment sales to grow around 15% in fiscal 2012. The guidance includes an unfavorable … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Polcari: “Euro Zone News To Trump…US Data”

Posted: 25 May 2012 10:30 AM PDT

05/25/12 ICAP Equities’ Kenneth Polcari assesses current and upcoming event risk ahead of the Memorial Day holiday weekend. The US jobs report, Greek elections, and global monetary policy expectations are … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Synopsys EPS Misses, Revs Up

Posted: 25 May 2012 10:13 AM PDT

Synopsys Inc. (NASDAQ:SNPS) reported earnings per share (EPS) of 43 cents in the second quarter of 2012, missing the Zacks Consensus Estimate of 45 cents per share.
Revenue
Revenue in the second quarter stood at $432.6 million, up 9.9% from $393.7 million in the year-ago period. The company witnessed revenue growth across all its product groups, and also exceeded the company's guidance. Revenue contribution from Magma was modest at $14.0 million.
Around 90% of the second quarter revenue arrived … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Excel Maritime Revert To Neutral

Posted: 25 May 2012 10:13 AM PDT

We upgrade our recommendation on Excel Maritime Carriers Ltd. (NYSE:EXM) to Neutral based on its current valuation, which plummeted 71.4% last year. This was primarily attributable to the gloomy prospects of the drybulk shipping industry. This sector is facing serious challenges since the spot vessel rates collapsed significantly.
We believe the sole reason for this dismal condition is the sheer increase of newbuild ships under operation that resulted in intense price competition. Excel Maritime … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Mylan Launches Bonviva Generic

Posted: 25 May 2012 10:13 AM PDT

Mylan Inc. (NYSE:MYL) recently announced that its UK and Italian subsidiaries have launched its generic version of Roche Holding's (RHHBY) osteoporosis drug, Bonviva (ibandronic acid), 150 mg. Bonviva is a coated tablet with a once-monthly recommended dosing.
According to IMS Health, Bonviva generated revenues of approximately €8.5 million and €27 million in the UK and Italy respectively, for the 12 months ending March 2012. We note that Mylan derives 23.8% of its generic revenues from the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Up On Stalled Iran Talks

Posted: 25 May 2012 10:00 AM PDT

05/25/12 Front month crude prices were slightly higher Friday afternoon on stalled talks with Iran concerning its nuclear … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

China Gives “Green” Light To Car Buyers

Posted: 25 May 2012 10:00 AM PDT

China just made it a little more affordable to buy a car. Last week, the government announced a one-year, RMB 26.5 billion subsidy program devoted to energy-efficient products. About RMB 6 billion will be set aside for fuel-efficient cars, and the remaining incentives focus on LED lighting, high-efficiency motors, and air conditioners, refrigerators, washing machines and water heaters that comply with energy saving standards. 
The last time China offered subsidies on autos and appliances, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gen-Probe Remains Neutral

Posted: 25 May 2012 09:52 AM PDT

We reiterate our Neutral rating on Gen-Probe Inc. (NASDAQ:GPRO). Its first-quarter 2012 adjusted earnings of 55 cents per share beat the Zacks Consensus Estimate of 51 cents. Revenues of $153.4 million were ahead of the Zacks Consensus Estimate of $151 million.
Product sales increased 9% as healthy sales across Blood Screening and Clinical Diagnostics franchises were partially offset by lower revenues from the Research Products and Services and Collaborative Research businesses.
Revenues from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Eni’s Big Find In Egypt Desert

Posted: 25 May 2012 09:32 AM PDT

Italy's oil and gas giant, Eni SpA (NYSE:E) has made a huge discovery of over 250 feet of net pay in the Emry Deep IX well in Egypt's Western Desert.
Located 290 kilometers south west of Alexandria in the Meleiha Concession, the Emry Deep well was drilled to a total depth of 3,628 meters. Eni came across the net pay in multiple good quality sandstones of the Lower Cretaceous "Alam El Bueib" Formation.
During production tests, the well released 3,500 barrels of 41-degree oil and 1 million … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Understanding Why Implied Volatility Is Critical When Trading Options

Posted: 25 May 2012 09:24 AM PDT

For the trader trying to understand options, it is important to understand the two different concepts of volatility commonly discussed with regards to stocks and their associated options. The importance of understanding the concepts is that volatility in one of its two forms plays a major role in the seemingly inscrutable machinations of options pricing.
The two types of volatility are referred to as statistical volatility and implied volatility. The first type of volatility has little impact … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Lamar Downgraded To Neutral

Posted: 25 May 2012 09:13 AM PDT

We have downgraded our long-term recommendation on Lamar Advertising Co. (NASDAQ:LAMR), a Louisiana-based leading owner and operator of outdoor advertising structures in the U.S., from Outperform to Neutral. The downgrade rating is backed by the colossally increasing debt pressure on the Company's earnings due to its continuous acquisition activities.
Though Lamar's efforts in expanding its outdoor advertising business through acquisitions are encouraging, the resultant expenses, which continue … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Prepaid Card Market To Regularize

Posted: 25 May 2012 09:13 AM PDT

Earlier this week, the Consumer Financial Protection Bureau (CFBC) pleased all the prepaid card users by announcing its plans to standardize the fast-growing reloadable prepaid card market and at the same time protect their interest. The CFBC will accept feedbacks on all the issues related to prepaid cards till July 22 and would release the final proposal by next year.
The CFBC is seeking inputs regarding the safety of the customers' funds. It is also aiming for clear terms related to fees … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Bank Uses Fiserv’s Platform

Posted: 25 May 2012 08:38 AM PDT

Earlier this week, Fiserv, Inc. (NASDAQ:FISV) declared that U.S. Bank, subsidiary of U.S. Bancorp (NYSE:USB), shall integrate its online banking platform with Fiserv's Mobiliti Enterprise mobile banking and payments solutions. This venture would in turn merge with Apple, Inc.'s (NASDAQ:AAPL) iPad banking application platform for the bank's customers.
This state-of-the-art technology shall not only make account balance checking, money transfer, bill payment services etc. easier and more convenient, but … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ABM Renews District School Deal

Posted: 25 May 2012 08:37 AM PDT

In order to improve the educational environment of schools, ABM Industries Incorporated (NYSE:ABM) has teamed up with the Madison County School District in Madison County, Georgia, for the third time in a row via the company's Bundled Energy Solutions ("BES") Program.
The BES program will enable four schools of Madison County School District to save around $5.5 million in energy and operational costs and utilize the money in infrastructure improvements.
This initiative will benefit the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Ventas Signs New Lease Agreement

Posted: 25 May 2012 08:18 AM PDT

Ventas Inc. (VTR), a leading healthcare real estate investment trust (REIT), recently signed a 'new LTAC lease' agreement with Kindred Healthcare Inc. (KND) to lease 10 long-term acute care hospitals (LTACs), comprising 1,066 licensed hospital beds. The agreement will take effect from May 1, 2013 and the initial annual rent will be $28 million. The lease agreement bears an initial term of 10 years and includes annual CPI-based escalations ranging from 0-4%.
The new lease agreement will … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Consumer Sentiment Fails To Boost Stocks

Posted: 25 May 2012 08:17 AM PDT

05/25/12 Wall Street continued to trade below the flat line, despite consumer sentiment coming in above forecasts. Uncertainty over the Euro zone debt crisis and contagion concerns continued to pressure … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

IGT Partners Atlantic Lottery

Posted: 25 May 2012 08:08 AM PDT

International Game Technology (IGT) recently entered into a partnership with Atlantic Lottery, a corporation owned by the governments of Nova Scotia, Prince Edward Island, New Brunswick and Newfoundland and Labrador.
Under the terms of the agreement, IGT will provide 1,612 video lottery terminals (VLTs) to Atlantic Lottery. IGT will provide GL20 Lottery terminals, which complies with the industry standard specifications of Gaming Association and G2S protocols. The partnership is expected to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro Still Taking A Hit

Posted: 25 May 2012 02:00 AM PDT

05/25/12 The euro continued to trade near its recent lows, just a sleight bit above $1.25 Friday morning, and eurozone turmoil concerns has kept investors away from the higher-yielding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

How Our Latest Updates Are Revolutionising UK Investment Software!

Posted: 25 May 2012 04:59 AM PDT

What investors need is data that is not only reliable but completely 100% up to date. Companies report their full results once per year at which point most vendors of fundamental information update their data sets. Due to the rigour of accounting and auditing results these numbers are often not released for three or four months after the actual year end.
This can mean that the data that financial websites and desktop software products use for creating key financial ratios can be up to 15 months … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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