DailyMarkets.com - N. Dakota Oil Sets Another Record In March; Will Probably Surpass Alaska This Summer For No. 2 Spot
DailyMarkets.com - N. Dakota Oil Sets Another Record In March; Will Probably Surpass Alaska This Summer For No. 2 Spot |
- N. Dakota Oil Sets Another Record In March; Will Probably Surpass Alaska This Summer For No. 2 Spot
- Barrick Gold Retained At Neutral
- US Airlines Post Q1 On-time Arrival Record
- Unisys Launches New Application
- Assurant To Distribute More Wealth
- Aetna Downgraded To Neutral
- Celgene Retains Neutral Rec
- Earnings Preview: Abercrombie
- US Retail Sales, EU GDP In Spotlight
- CNOOC, ROC To Share Production
- Ford Issues $1.25 Billion Notes
- New Deals For Accenture
- CVS Reiterated At Neutral
- Change In Green Mountain’s Board
- FedEx Seals TATEX Deal
- Earnings Preview: Precision Castparts
- Earnings Scorecard: American Tower
- Smart Phones And Tablets Might Be Spreading Faster Than Any Technologies In Human History
- Double-Quote Reality
- GIS To Market Yoplait In Canada
- Earnings Scorecard: Viacom Inc.
- Analyst Interviews: Aerospace & Defense Stock Overview
- NY Times Offloads Fenway Sports
- Taubman Centers Stays Neutral
- Wall Street Tumbles Again On Euro Jitters
- Ecolab Unit Building New Plant
- Earnings Preview: Staples
- Alliance Data-Blue Nile Ink Deal
- Still Neutral On Genworth Financial
- Earnings Preview: SINA Corp.
- Grainger April Sales Up 12%
- Outperform On Eastman Chemical
- April Real Estate Blowout?
- LLL Gets Australian Contract
- Baxter Remains Neutral
- Valdes: “Spain…next Thing To Watch”
- The Trend Trader For ETF Trading On Tuesday, May 15, 2012
- The Trend Trader For Forex Trading On Tuesday, May 15, 2012
- The Trend Trader For Stock Trading On Tuesday, May 15, 2012
- The Trend Trader For Futures Trading On Tuesday, May 15, 2012
N. Dakota Oil Sets Another Record In March; Will Probably Surpass Alaska This Summer For No. 2 Spot Posted: 14 May 2012 04:24 PM PDT The “Economic Miracle State” of North Dakota pumped another record amount of oil during the month of March at a rate of 575,490 barrels per day, which was an increase of 3% compared to February, and 60% above the output level from a year ago (see top chart above). The new record-setting production in recent months has moved the Peace Garden state ahead of California to become the nation's No. 3 oil-producing state, behind only Texas and Alaska. If North Dakota continues to increase monthly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Barrick Gold Retained At Neutral Posted: 14 May 2012 04:07 PM PDT We are maintaining our Neutral recommendation on Barrick Gold Corporation (NYSE:ABX). The company's first-quarter 2012 adjusted net earnings (excluding one time items) of $1.09 a share matched the Zacks Consensus Estimate. Revenues jumped 18% year over year to $3,644 million, missing the Zacks Consensus Estimate of $3,758 million. |
US Airlines Post Q1 On-time Arrival Record Posted: 14 May 2012 03:58 PM PDT 05/14/12 The nation’s largest airlines posted a record Q1 on-time performance in 2012. The latest DOT Air Travel Consumer Report showed that the on-time arrival rate improved to 84% in the January-March … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Unisys Launches New Application Posted: 14 May 2012 03:48 PM PDT Global IT company Unisys Corporation (NYSE:UIS) has recently announced the launch of its latest mobile application called Unisys Storage Survey 2012. The platform is primarily for iPhone, iPad, iPod, Android and BlackBerry users and will offer IT executive customers an intuitive approach to maximize their device storage facilities. |
Assurant To Distribute More Wealth Posted: 14 May 2012 03:48 PM PDT As part of its concerted efforts to enhance value for its shareholders, the board of directors of Assurant Inc. (NYSE:AIZ) authorized a 17% increase in its quarterly common stock dividend last Friday. Assurant will now pay a quarterly dividend of 21 cents per share, up from 18 cents paid in the last quarter. The increased dividend will be paid on June 12, 2012 to shareholders of record as of May 29, 2012. |
Posted: 14 May 2012 03:33 PM PDT We are downgrading our recommendation on the shares of Aetna Inc. (NYSE:AET) following the soft first quarter 2012 results. Reported quarter earnings missed the Zacks Consensus Estimate by 6 cents per share. Earnings also declined 6.3% year over year. Despite the increase in revenues, growth did not trickle down to the bottom-line results due to higher health care costs and operating expenses. |
Posted: 14 May 2012 03:33 PM PDT We are maintaining our Neutral recommendation on Celgene Corporation (NASDAQ:CELG) with a target price of $74.00. |
Posted: 14 May 2012 03:33 PM PDT Abercrombie & Fitch Co. (NYSE:ANF), a specialty retailer of premium, high quality casual apparel, will release its first-quarter 2012 financial results on Wednesday, May 16, 2012. |
US Retail Sales, EU GDP In Spotlight Posted: 14 May 2012 03:20 PM PDT 05/14/12 The global economic calendar will be busy on Tuesday. A slew of data and earnings will be closely watched, along with developments in the Euro … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
CNOOC, ROC To Share Production Posted: 14 May 2012 03:13 PM PDT CNOOC Limited (NYSE:CEO) announced that its parent company − China National Offshore Oil Corp. ("CNOOC") − has inked a production-sharing contract with an affiliate of Australia's Roc Oil Co. on an oilfield area in the Bohai Sea. |
Ford Issues $1.25 Billion Notes Posted: 14 May 2012 02:58 PM PDT Ford Motor Co. (NYSE:F) has issued $1.25 billion note for three years after its rating was enhanced by Fitch Ratings in April 2012. Fitch Ratings Services boosted the issuer default rating of Ford and its Ford Motor Credit Company LLC (Ford Credit) unit to "BBB-" from "BB+." The advancement was attributable to the company's better financial performance along with improvement in balance sheet and product portfolio. |
Posted: 14 May 2012 02:58 PM PDT Accenture plc (NYSE:ACN) announced last week that its insurance suite will be deployed by Pennsylvania-based insurance carrier, Mutual Benefit Group. Financial terms of the deal were kept confidential. |
Posted: 14 May 2012 02:58 PM PDT Recently, we reiterated our Neutral recommendation on CVS Caremark Corporation (NYSE:CVS) with a target price of $47.00. |
Change In Green Mountain’s Board Posted: 14 May 2012 02:38 PM PDT Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) recently removed two senior members from their positions in the Board of Directors due to the violation of internal policies. |
Posted: 14 May 2012 02:38 PM PDT Following acquisition talks in April, FedEx Corporation (NYSE:FDX) has finally reached an agreement to acquire TATEX Express. French-based TATEX Express provides courier and express transport services to industrial customers across Europe and international markets. |
Earnings Preview: Precision Castparts Posted: 14 May 2012 02:17 PM PDT Precision Castparts Inc. (NYSE:PCP) is scheduled to report its fourth quarter and fiscal 2012 results on Thursday May 17, 2012. The current Zacks Consensus Estimate for the quarter is $2.27 a share. For the quarter under review, revenue is $2.0 billion, according to the Zacks Consensus Estimate. |
Earnings Scorecard: American Tower Posted: 14 May 2012 02:17 PM PDT Following the first quarter earnings announcement on May 3, most of the analysts covering American Tower Corp (NYSE:AMT) have revised their estimates. |
Smart Phones And Tablets Might Be Spreading Faster Than Any Technologies In Human History Posted: 14 May 2012 02:00 PM PDT Click to enlarge. From an article in MIT’s Technology Review “Are Smart Phones Spreading Faster than Any Technology in Human History?”: “Presented in the top graphic above is the U.S. market penetration achieved by nine technologies since 1876, the year Alexander Graham Bell patented the telephone. Penetration rates have been organized to show three phases of a technology’s spread: traction, maturity, and saturation. Those technologies with “last mile” problems—bringing electricity … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 14 May 2012 01:59 PM PDT If these three reports are any guide, it looks like the “recovery” is still “on track” — that is, the same dismal, downward spiral it’s been ever since the “experts” told us that the recession was “over,” the housing market had “bottomed,” and the jobs market was getting “better.” |
GIS To Market Yoplait In Canada Posted: 14 May 2012 01:58 PM PDT General Mills Inc. (NYSE:GIS) recently announced that it will sell its Yoplait brand of yogurt products in Canada under a license from Yoplait S.A.S., a company in which General Mills acquired a 51% controlling interest in July last year. |
Earnings Scorecard: Viacom Inc. Posted: 14 May 2012 01:58 PM PDT Following the second quarter earnings announcement on May 3, most of the analysts covering Viacom Inc. (VIAB) have raised their estimates mainly based on the huge number of movies slated to release in 2012 coupled with improved advertising spending in the U.S. due to the upcoming presidential election to be held in 2012. |
Analyst Interviews: Aerospace & Defense Stock Overview Posted: 14 May 2012 01:40 PM PDT The U.S. is the world's largest aerospace and defense market, and also home to the world's largest military budget. The growth of the Aerospace and Defense industry depends largely on the spending outlook of government departments, with the U.S. defense budget being the primary driver. The industry largely depends on U.S. government contracts. Given the uncertain macroeconomic environment, not just in the U.S. but also globally, the industry faces the risk of fewer new orders as customers … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
NY Times Offloads Fenway Sports Posted: 14 May 2012 01:40 PM PDT As a part of its ongoing strategy to completely offload assets that bear no direct relation with the core operations, The New York Times Company (NYSE:NYT) recently divested its remaining stake (210 Class B units) in the Fenway Sports Group, the owner of the Boston Red Sox and the Liverpool Football Club, for $63 million. |
Posted: 14 May 2012 01:40 PM PDT We have reiterated our Neutral recommendation on Taubman Centers Inc. (NYSE:TCO), a real estate investment trust (REIT), as we expect the stock to perform in line with the broader market.The company reported first quarter 2012 FFO (funds from operations) of $65.1 million or 75 cents per share, compared with $52.7 million or 63 cents in the year-earlier quarter. |
Wall Street Tumbles Again On Euro Jitters Posted: 14 May 2012 01:30 PM PDT 05/14/12 U.S. stocks closed lower Monday as fears of Greece leaving the euro zone kept investors cautious and triggering a move to safer … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Ecolab Unit Building New Plant Posted: 14 May 2012 01:25 PM PDT Global sanitation products major Ecolab Inc. (NYSE:ECL) recently announced that its newly-acquired subsidiary, Nalco Holdings, will soon begin the construction of a dry polymer making factory at its Garyville complex in Louisiana. The dry polymer offerings produced at the facility will be used in the paper, mining and water industries. |
Posted: 14 May 2012 01:04 PM PDT Staples Inc. (NASDAQ:SPLS), one of the global leaders in the supply of office products, is slated to report its first-quarter 2012 financial results on Wednesday, May 16. |
Alliance Data-Blue Nile Ink Deal Posted: 14 May 2012 01:04 PM PDT Alliance Data Systems Corporation (NYSE:ADS) inked a long-term agreement with Blue Nile (NASDAQ:NILE) in order to initiate and control a new private label credit card program for the latter. Seattle-based Blue Nile is the leading online retailer of diamonds and fine jewelry. |
Still Neutral On Genworth Financial Posted: 14 May 2012 01:04 PM PDT Genworth Financial Inc. (NYSE:GNW) reported soft first quarter 2012 results. Also, the initial public offering (IPO) of its Australian Mortgage insurance company has been rescheduled for early 2013. |
Posted: 14 May 2012 01:04 PM PDT SINA Corp. (NASDAQ:SINA) is scheduled to announce its fiscal first quarter 2012 results after market closes on Tuesday, May 15, 2012. In the run up to the earnings release, we do not notice any significant changes in the analyst estimates for the quarter. However, we note that SINA has failed to outperform the Zacks Consensus Estimates on three occasions out of the last four quarters. |
Posted: 14 May 2012 12:44 PM PDT W.W. Grainger (NYSE:GWW) reported year-over-year sales growth of 12% in April 2012. Growth slackened from 17% in January, 18% in February and 15% in March this year because of sluggish customer end markets. |
Outperform On Eastman Chemical Posted: 14 May 2012 12:24 PM PDT We are retaining our Outperform recommendation on Eastman Chemical Company's (NYSE:EMN) following our assessment of its first-quarter 2012 results. Adjusted earnings of $1.22 a share outstripped the Zacks Consensus Estimate of $1.14. |
Posted: 14 May 2012 12:21 PM PDT In what might be looked upon as a major turning point for the U.S. real estate market, April is shaping up to be one of the best months in years for home sales. Based on news reports for April sales that have been released in the last few days, there are now at least 20 metro markets that have reported double-digit gains in either the number of homes sold, or median home prices, or in some cases, both. See the list here. The full national report for existing-home sales in April … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 14 May 2012 12:09 PM PDT L-3 Communications Holdings Inc. (NYSE:LLL) announced that it has been selected by the Commonwealth of Australia to provide the C-27J Spartan for the country’s Battlefield Airlifter program. |
Posted: 14 May 2012 12:09 PM PDT We reiterate our Neutral rating on Baxter International (NYSE:BAX). Its earnings per share of $1.01 beat the Zacks Consensus Estimate of 99 cents and sailed past the year-ago earnings of 98 cents per share. The first quarter results beat Baxter's earlier earnings guidance of 98 cents to $1.00 per share. |
Valdes: “Spain…next Thing To Watch” Posted: 14 May 2012 11:00 AM PDT 05/14/12 DME Securities’ Alan Valdes weighs in on today’s global market action, and drop in gold and crude oil futures. The short-term and long-term outlook for US stocks are ales … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
The Trend Trader For ETF Trading On Tuesday, May 15, 2012 Posted: 14 May 2012 05:03 AM PDT By ForexMansion.com The Trend Trader for ETFs The top 40 ETFs by net assets Close 3×1 7×5 AGG – iShares Lehman Aggregate Bd Fd Bullish BND – Vanguard Total Bond Market ETF Bullish DBC – DB Commodity Index Tracking Fd Bearish DIA – SPDR DJ Industrial Average … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
The Trend Trader For Forex Trading On Tuesday, May 15, 2012 Posted: 14 May 2012 05:03 AM PDT By ForexMansion.com The Trend Trader for Forex THE BIG SIX Close 3×1 7×5 AUDUSD – Aust Dollar / US Dollar Bearish EURUSD – Euro / US Dollar Bearish GBPUSD – British Pound / US Dollar Bearish USDCAD – US Dollar / Canadian Dollar Bullish USDCHF – US Dollar / … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
The Trend Trader For Stock Trading On Tuesday, May 15, 2012 Posted: 14 May 2012 05:03 AM PDT By ForexMansion.com The Trend Trader for the Dow 30 Stocks In alphabetical order by symbol Close 3×1 7×5 AA – Alcoa Inc Bearish AXP – American Express Company Bearish BA – Boeing Co Bearish BAC – Bank of America Corporation Bearish CAT – Caterpillar Inc |
The Trend Trader For Futures Trading On Tuesday, May 15, 2012 Posted: 14 May 2012 05:03 AM PDT By ForexMansion.com The Trend Trader for Futures INDICES Close 3×1 7×5 S&P 500 – Jun ESM2 Bearish Dow Jones – Jun YMM2 Bearish Nasdaq – Jun NQM2 Bearish Russell – Jun TFM2 Bearish INTEREST RATES US T-Bond – Jun ZBM2 |
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