Tuesday, May 15, 2012

DailyMarkets.com - Kilroy Realty Expands In California

DailyMarkets.com - Kilroy Realty Expands In California

Kilroy Realty Expands In California

Posted: 15 May 2012 07:47 AM PDT

Kilroy Realty Corporation (NYSE:KRC) recently announced that it has completed the acquisition of '690 E. Middlefield Road' – a prime property in Mountain View, California. Kilroy Realty intends to develop a 341,000 square-foot office campus on the acquired property.  The company will also manage the office campus, which will be under a 15-year lease agreement with Synopsys, Inc. (NASDAQ:SNPS) – a leading electronic design automation company.
Kilroy Realty expects the investment in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Lack Of Job Creation Puts The Ball In The Bear Camp

Posted: 15 May 2012 07:43 AM PDT

Tuesday, May 15, 2012
Equity markets have not been able to shake the weight of influence from outside markets. Greece’s indecision, resulting in the inability to pass austerity measures, continues to haunt Europe and the global economy. Today’s retail sales figures may show whether or not consumers are as positive with their checkbooks as the sentiment data would indicate. Technically, momentum seems to be with the bear camp, which would like to see prices take-out 1345 and 1335 on the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Allstate To Add New Agencies

Posted: 15 May 2012 07:28 AM PDT

Going ahead with its proactive investment approach, Allstate Corp. (NYSE:ALL) is in the process of employing over 150 new insurance agencies across the Northern US and Florida. However, the company has not disclosed a definite time-line when it plans to complete the process.
Accordingly, Allstate plans to increase its agency owners in the North of US by about 140, primarily in the regions of Connecticut, Maine, New Hampshire, Pennsylvania, Rhode Island and Vermont. The company positioned about 220 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Red Robin

Posted: 15 May 2012 07:28 AM PDT

Casual dining restaurant operator Red Robin Gourmet Burgers Inc. (NASDAQ:RRGB) is scheduled to announce its first quarter 2012 results on May 16. The current Zacks Consensus Estimate for the first quarter is 66 cents on revenue of $307.0 million.
Earnings Surprise
With respect to earnings surprises over the trailing four quarters, Red Robin has outperformed the Zacks Consensus Estimate in all the four quarters. The earnings surprise ranges from 13.6% to 141.7%, with the average at 54.4%. This … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Lower Than Expected Loss At Osiris

Posted: 15 May 2012 07:08 AM PDT

Osiris Therapeutics Inc. (NASDAQ:OSIR) reported a first quarter loss of 4 cents per share, narrower than the Zacks Consensus Estimate of a loss of 9 cents. However, year-ago earnings were 12 cents per share. Revenues for the quarter came in at $4.6 million, well above the Zacks Consensus Estimate of $3 million, but below the year-ago revenues of $10.4 million.
Quarterly Highlights
First quarter 2012 revenues included the amortization of license fees under the company's collaboration agreements. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Market News Briefs: BMC Software, Chesapeake Energy Corporation

Posted: 15 May 2012 06:48 AM PDT

    Shares of BMC Software, Inc. (NYSE:BMC) rose 8.7% after it adopted a poison pill strategy to avoid a potential takeover over it by hedge funds Elliott Associates LP and Elliot International LP

    Chesapeake Energy Corporation (NYSE:CHK) gained 4.8% following reports that billionaire activist investor Carl Icahn may acquire a major stake in the company

    Shares of Groupon Inc (GRPN) gained 18.5% after it a posted first quarter loss per share of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Good News At Home & Abroad

Posted: 15 May 2012 06:48 AM PDT

The overall tone of today’s news flow, both on the home front as well as from Europe, is decidedly favorable. This should help stocks reverse the persistent downtrend of recent sessions, even if it lacks in staying power.
 
Today’s positive-looking data out of Europe should help offset, howsoever temporarily, the constant drumbeat of negative Greece-inspired headlines. It is not often that one would describe ‘zero GDP growth’ as positive news, but that’s exactly what we have in today’s … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Loss Narrows At Ark Restaurants

Posted: 15 May 2012 06:48 AM PDT

Ark Restaurants Corp. (NASDAQ:ARKR) reported a loss of 3 cents per share in the second quarter of 2012, much narrower than a loss of 32 cents per share in the year-earlier quarter. Reported result was well below the Zacks Consensus Estimate of earnings of 16 cents per share.
Ark Restaurants reported total revenue of $29.9 million, up 1.7% year over year. The upside in revenue was attributable to an 8.2% rise in company-wide comps. Additionally, prior year revenues include gains related to three … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

JP Morgan’s Concentration Risk And Outsized Egos

Posted: 15 May 2012 06:38 AM PDT

How does one firm "lose" $2 billion…and likely more….in the course of less than two months?
Well, it is doable if there is a massive market move. In the case of JP Morgan (NYSE:JPM) and the loss it announced last week, though, the markets broadly speaking had not moved that significantly. Certainly nothing like we experienced during the middle of 2011 let alone 2008. So the question begs, how does a firm lose that amount of money?
Concentration risk combined with another factor. What … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Home Depot Posts Solid 1Q

Posted: 15 May 2012 06:29 AM PDT

The world’s largest home improvement retailer, The Home Depot Inc.'s (NYSE:HD) adjusted earnings of 65 cents per share for first-quarter 2012 climbed 30% from the prior-period earnings of 50 cents, primarily driven by solid comparable sales growth and strong operating performance. Moreover, quarterly earnings were in line with the Zacks Consensus Estimate.
On a reported basis, including a benefit of 3 cents after the termination of Home Depot's guarantee of a senior secured loan, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Miss At Merck KGaA

Posted: 15 May 2012 06:28 AM PDT

Merck KGaA's (MKGAF) first quarter 2012 earnings per American Depository Receipt (ADR) of $2.19 missed the Zacks Consensus Estimate of $2.35 and the year-ago earnings of $2.61. Higher expenses coupled with exchange rate fluctuation led to the decline in earnings.
Revenues for the reported quarter slipped 1.1% to $3,466.1 million, primarily due to exchange rate fluctuation. In Euro terms, revenues climbed 3.2% riding on sales growth of Merck Serono and Merck Millipore divisions.
Quarterly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cemig 1Q12 Profit Rises

Posted: 15 May 2012 06:08 AM PDT

Brazil-based integrated electric utility, Companhia Energetica de Minas Gerais (CIG), also known as CEMIG reported a 20% year-over-year increase in its first quarter 2012  net income, settling at R$631 million (US$356.5 million).
Revenue: Net revenue in the first quarter was R$4,148 million (US$2,343.5 million), up 15% year over year. The increase was primarily driven by a 2.6% growth in electricity sold, that reached 18,619 GWh at the end of the quarter.
Expenses/Income: Operational … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Groupon Posts Profit In 1Q

Posted: 15 May 2012 05:49 AM PDT

Groupon Inc. (GRPN) reported better-than-expected first quarter 2012 results, with earnings of 2 cents per share (excluding stock based compensation) improving considerably from a loss of 41 cents per share in the year-ago quarter. Following the result, Groupon shares surged 18.54% to close at $11.74.
Including stock-based compensation of 4 cents per share; Groupon reported a loss of 2 cents, much better than the Zacks Consensus Estimate of a loss of 4 cents. Strong revenue growth and lower … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gordmans Reports In Line

Posted: 15 May 2012 05:28 AM PDT

Gordmans Stores Inc. (GMAN) posted earnings per share of 41 cents in the first quarter of fiscal 2012, in line with the Zacks Consensus Estimate and above 38 cents earned in the year-ago quarter.
Behind the Headline Numbers
Net sales for Gordmans Stores grew 13.8% year over year in the first quarter to $133.9 million.
Quarterly comparable store sales (comps) increased 4.7% year over year. Apparel stole the show in the quarter, clocking a high single-digit comps increase. Within apparel, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Watch 945 In The E-Mini S&P 400

Posted: 15 May 2012 04:56 AM PDT

The E-Mini S&P 400 futures contract has been range bound the last three months, but that could change should 945 give way.

Trading Range
The daily chart of the MC futures contract shows price has traded within a clear trading range since February, as a shift from expansion to contraction was seen.
Price has established very clear levels of both support and resistance, which span from 945 to 1,010. Responsive buyers and sellers have been quite active at these levels, which have kept prices … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Key To Wireless Capacity Crunch

Posted: 15 May 2012 04:53 AM PDT

Wireless spectrum crunch has become the major issue in the U.S. telecom industry. Carriers are finding it increasingly difficult to manage mobile data traffic, which is growing by leaps and bounds. The situation has become even more acute with the growing popularity of Apple Inc.'s (NASDAQ:AAPL) iPhone and Google Inc.'s (NASDAQ:GOOG) Android smartphones as well as rising online mobile video streaming, cloud computing and video conferencing services.
According to a recent study from Cisco Systems … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold, Silver Rise As US Dollar Pulls Back After Eurozone GDP Data

Posted: 15 May 2012 03:40 AM PDT

Talking Points

Gold, Silver Rise as Q1 Eurozone GDP Data Weighs on Dollar
Crude Oil, Copper Have Scope for Catch-Up Rally in US Trade

Gold and silver prices are on the upswing in European trade after the preliminary set of Eurozone GDP figures showed output growth stalled in the first quarter amid expectations for a second consecutive contraction, narrowly avoiding putting the currency bloc into a technical recession. The result proved supportive for overall risk appetite considering the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
at

No comments:

Post a Comment