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- Nostradamus Does Not Work Here, But – UPDATE
- Nokia Targets ‘next Billion’ Users
- Toyota Expands Kentucky Plant Output
- PerkinElmer Remains Neutral
- PNC’s Overdraft Worries Continue
- ACE Limited Hikes Dividend By 4%
- AIG To Sell Final AIA Stake In 2012
- Facebook Friday Finally Arrives
- Sigma-Aldrich Extends Credit Line
- Southwest Hikes Shareholder’ Returns
- Precision Castparts Beats, Outlook Up
- Kinder Morgan Evenly Poised
- Tenet Subsidiary Inks Service Deal
- Universal Forest Buys MSR’s Assets
- Thursday Energy Links
- Analyst Interviews: Semiconductor Stock Outlook
- Tower’s Nishiwaki Plant Powers Growth In Asia
- Methanex Downgraded To Neutral (revised)
- MWI Vet Reiterated At Neutral
- How Gold Demand Remains Resilient
- More On The April Real Estate Blowout
- SampleMD Adoption Increasing
- Earnings Preview: Kirkland’s
- Mesa Makes A Strategic Acquisition
- Stocks Picks For Friday, May 18
- BofA’s Wealth Units Attract Bidders
- Northrop Boosts Dividend Payout
- Stocks See Another Loss, Triple-digit Decline
- Jacobs JV Concludes Pricing
- Comcast Teams Up With Skype
- JPMorgan Sued Over Hedging Losses
- Amgen Presents Oncology Data
- Apple To Choose China Mobile
- Cousins Properties Stays Neutral
- Only People Pay Taxes, Not Solar Panels
- Activision, EA Resolve Issues
- Schwab To Shut Down BrokersXpress
- Total System Rolls Out Service Tool
- URS’ Oil & Gas Contract
- GE Expands Its Mining Presence
- Hot Option Plays: Pressure Continues
- How Can Advisors Build A More Modern Portfolio?
- Manufacturing: U.S. Will Own The Mid-21st Century
- Titanium Metals Reaffirmed Neutral
- Eni Makes A Major Gas Discovery
- Myriad To Present Cancer Test Study
- Dropbox, Google Drive, And The CPI
- Anniversary Day For The NYSE
- In Praise Of The Speculators, Who Smooth Out Production And Consumption, And Benefit Society
- Dividend Investing: A Review Of The Little Book Of Big Dividends
- The Trend Trader For Forex Trading On Friday, May 18, 2012
- The Trend Trader For ETF Trading On Friday, May 18, 2012
- The Trend Trader For Stock Trading On Friday, May 18, 2012
- The Trend Trader For Futures Trading On Friday, May 18, 2012
| Nostradamus Does Not Work Here, But – UPDATE Posted: 17 May 2012 05:29 PM PDT Since Nov 2011 we had some good and bad ideas, such is life in the market. Interesting… The bad.. Swing Trade Idea, Greek default: TVIX monkey business from Credit Suiss, crashed! Price, volume analysis on the TBT : TBT smacked down on a single employment report that was only a little sad. SP500, monkeys are running the show : Took a while to understand what LTRO and TWIST meant, reading to much bearish zerohedge.com. That what stops are for. Apple Inc buying climax signals sideways … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Nokia Targets ‘next Billion’ Users Posted: 17 May 2012 04:00 PM PDT 05/17/12 Nokia made a smart move by introducing a budget friendly line of mobile phones. The Nokia 110 and Nokia 112 feature access to the internet, social media and the new cloud-based data … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Toyota Expands Kentucky Plant Output Posted: 17 May 2012 03:53 PM PDT Toyota Motor Corp. (NYSE:TM) announced that it will boost annual engine assembly capacity of 4-cylinder engines at its Georgetown, Kentucky plant by investing $30 million. The company will increase engine production to more than 500,000 annually from 400,000 at the plant, starting from August next year.
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| Posted: 17 May 2012 03:53 PM PDT We maintain our Neutral rating on PerkinElmer (NYSE:PKI) based on its first quarter results and lack of direction. Its first quarter earnings per share of 43 cents surpassed the Zacks Consensus Estimate of 41 cents.
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| PNC’s Overdraft Worries Continue Posted: 17 May 2012 03:53 PM PDT According to a Bloomberg report, the customers of PNC Financial Services Group Inc.'s (NYSE:PNC) principal subsidiary, PNC Bank, have own class certification from the court over the lawsuit that alleged the company of adopting improper practices with respect to its overdrafts. It was found that the customers' claims and allegations were directed to the same practice applied by the bank.
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| ACE Limited Hikes Dividend By 4% Posted: 17 May 2012 03:33 PM PDT The shareholders of ACE Limited (NYSE:ACE), at the extraordinary general meeting held on May 16, 2012, approved the Board's proposal to hike quarterly dividend to 49 cents. The increased dividend represents a increase of 4.25% from 47 cents per share paid earlier.
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| AIG To Sell Final AIA Stake In 2012 Posted: 17 May 2012 03:33 PM PDT Yesterday, American International Group Inc. (NYSE:AIG) announced its plans to shed off the remaining stake in its Asian life-insurance unit – American International Assurance Group Ltd. (AIA) – following the expiry of the lock-up period in September this year.
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| Facebook Friday Finally Arrives Posted: 17 May 2012 10:30 AM PDT 05/17/12 Facebook’s IPO will take center stage on Friday. It is empty on the economic calendar, but Greece will continue to be closely … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Sigma-Aldrich Extends Credit Line Posted: 17 May 2012 03:13 PM PDT Global life sciences company Sigma-Aldrich (NASDAQ:SIAL) has entered into a new revolving credit facility worth $600 million with a syndicate of nine banks. The facility will mature on May 10, 2017, and replaces the existing facility of $450 million which was set to expire on December 11, 2012.
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| Southwest Hikes Shareholder’ Returns Posted: 17 May 2012 03:13 PM PDT The largest U.S. low-cost carrier Southwest Airlines Co. (NYSE:LUV) plans to double shareholders’ returns in the form of dividends and share buybacks.
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| Precision Castparts Beats, Outlook Up Posted: 17 May 2012 03:13 PM PDT Precision Castparts Corp. (NYSE:PCP) reported its fourth quarter fiscal 2012 earnings results, reporting earnings per share from continuing operations of $2.31 a share. Quarterly earnings were well above the Zacks Consensus Estimate of $2.27 a share and were also up 23.5% year over year.
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| Posted: 17 May 2012 03:13 PM PDT We have maintained our Neutral recommendation on Kinder Morgan Energy Partners L.P. (NYSE:KMP) − the largest independent owner and operator of petroleum product pipelines in the U.S.
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| Tenet Subsidiary Inks Service Deal Posted: 17 May 2012 03:13 PM PDT Conifer Health Solutions Inc., a wholly-owned subsidiary of Tenet Healthcare Corp. (NYSE:THC), announced a 10-year deal with Catholic Health Initiatives, a non-profit health organization based in Colorado, to provide revenue cycle services. Per the deal, the company will provide various services like patient access, revenue integrity and patient financial services to 56 hospitals owned by Catholic Health.
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| Universal Forest Buys MSR’s Assets Posted: 17 May 2012 03:12 PM PDT Leading building products manufacturer and supplier Universal Forest Products, Inc. (NASDAQ:UFPI) recently completed purchasing the assets of MSR Forest Products, LLC, an Alabama-based manufactured housing product distributor. However, the terms of the deal remain undisclosed for the time being.
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| Posted: 17 May 2012 03:06 PM PDT 1. WSJ — “Energy intensive industries in Europe and Asia are becoming increasingly envious of the huge competitive advantage their U.S. rivals have gained from a boom in natural gas production. The gap between U.S. and international gas prices has expanded to all time highs, giving American industries a competitive advantage that could be worth as much as $1 billion a day.” 2. “The development of the Eagle Ford shale continues to prompt dazzling assessments and predictions from experts, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Analyst Interviews: Semiconductor Stock Outlook Posted: 17 May 2012 02:53 PM PDT The Semiconductor Industry serves as a driver, enabler and indicator of technological progress. Developments in the industry determine the way we work, transport ourselves, communicate, entertain ourselves and respond to our environment. The PCs we work on, the cars we drive, the phones we communicate with, the electronic gadgets on which we watch movies, listen to music and play games on, and the planes and weapons used to transport or protect us use semiconductor devices. As environmental … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Tower’s Nishiwaki Plant Powers Growth In Asia Posted: 17 May 2012 02:53 PM PDT Tower's Nishiwaki Plant Powers Growth in Asia On May 17, 2012, Tower Semiconductor Ltd., (towerJazz) (TSEM) the Israel based global specialty foundry leader, reported financial results for its first quarter, ended March 31, 2012. The Company reported solid first quarter revenues of $168.013 million, up 39% year over year from $120.620 million but down $6.571 million sequentially from $174.584 million for the three months ended December 31, 2011. It should be noted that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Methanex Downgraded To Neutral (revised) Posted: 17 May 2012 02:53 PM PDT We have downgraded our long-term recommendation on Methanex Corporation (NASDAQ:MEOH) to Neutral from Outperform following its mixed first-quarter 2012 results. The company's earnings of 23 cents per share in the quarter missed the Zacks Consensus Estimate of 36 cents. However, revenues of $666 million increased 7.6% year over year, beating the Zacks Consensus Estimate of $633 million. The company's facility in Chile operated below the site capacity during the quarter due to curtailed natural … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 17 May 2012 02:53 PM PDT We recently reiterated our Neutral recommendation on MWI Veterinary Supply (NASDAQ:MWIV) with a target price of $96.00.
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| How Gold Demand Remains Resilient Posted: 17 May 2012 02:40 PM PDT Demand for gold was relatively resilient in the first quarter of 2012, with global demand falling 5 percent on a year-over-year basis, says the World Gold Council. Marcus Grubb, managing director of investment, calls this slight quarter decline in demand "noise in the context of 22 percent rise" in the price of gold compared to first quarter of 2011. Also, gold demand was very strong in the first three months of last year.
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| More On The April Real Estate Blowout Posted: 17 May 2012 02:36 PM PDT 1. “Pittsburgh’s housing market continued strong with an 11 percent increase in sales in April. It’s the seventh consecutive month that home sales are up. Total dollar volume was up 22 percent to $306.3 million; the average home sale price was up 11 percent to $159,613 in the five-county region.” 2.”Flocks of buyers pushed up home sales across the San Francisco Bay Area last month for the strongest April in six years. Sales of single family homes were up 12 percent from the previous April. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 17 May 2012 02:33 PM PDT SampleMD Adoption Increasing Q1 Results OptimizeRx Corp (OPRX) filed their 10-Q for the first quarter ending 3/31/2012 on 5/15/2012. While revenue was slightly lower than what we had modeled, this was more than offset by lower than estimated operating expenses. The net result was net loss coming in slightly better than our number. Our outlook remains largely unchanged and reiterate our Outperform rating on OPRX. On the operational side, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 17 May 2012 02:33 PM PDT Kirkland's Inc. (NASDAQ:KIRK) is scheduled to report its first quarter 2012 financial results before the opening bell on Friday, May 18, 2012.
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| Mesa Makes A Strategic Acquisition Posted: 17 May 2012 02:33 PM PDT Leading manufacturer of electronic instruments and disposables, Mesa Laboratories, Inc. (NASDAQ:MLAB), announced the acquisition of the flow calibrator business of Bios International Corporation. The acquisition includes all assets of Bios International as well as the design, production, sales and services associated with the gas flow calibration systems.
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| Stocks Picks For Friday, May 18 Posted: 17 May 2012 02:14 PM PDT ( click to enlarge ) Delta Air Lines, Inc. (NYSE:DAL) had a nice uptrend in play for weeks but broke the uptrend line today and its 20-day sma. Lets see if more selling is in store for DAL over the coming days. Hard to tell. ( click to enlarge ) salesforce.com, inc. (NYSE:CRM) is trading higher after hours, as the company released strong earnings and guidance. Right now, the technical chart is in a short-term bearish mode. Key resistance is now located at 145, a break above this level will … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| BofA’s Wealth Units Attract Bidders Posted: 17 May 2012 02:13 PM PDT Bank of America Corporation's (NYSE:BAC) international wealth management units have attracted bidders from Europe and Canada, Reuters reported on Thursday. The list of bidders includes Royal Bank of Canada (NYSE:RY) and Credit Suisse Group (NYSE:CS). Switzerland-based JULIUS BAER GRP N is also keen on purchasing some of BofA's non-U.S. wealth management units.
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| Northrop Boosts Dividend Payout Posted: 17 May 2012 02:13 PM PDT Northrop Grumman Corporation (NYSE:NOC) has increased its quarterly dividend by 10% bringing the annualized payout to $2.20 per share from $2 per share earlier.
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| Stocks See Another Loss, Triple-digit Decline Posted: 17 May 2012 02:00 PM PDT 05/17/12 Stocks slipped Thursday following downbeat economic reports from the US and concerns over … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 17 May 2012 01:53 PM PDT Recently, Jacobs Engineering Group Inc. (NYSE:JEC) announced that the joint venture (JV) between Jacobs-Serco-Lockheed Martin has concluded AWE Pricing Arrangements, involving the contract to manage and operate Atomic Weapons Establishment (AWE) plc in the United Kingdom. The new pricing arrangements will be effective from April 1, 2013 through March 31, 2018.
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| Posted: 17 May 2012 01:53 PM PDT Comcast Corporation (NASDAQ:CMCSA), the largest cable TV operator is teaming up with Microsoft Corporation (NASDAQ:MSFT)-owned Skype to launch high-definition (HD) video calls on Comcast's Xfinity cable TV services. We believe that Comcast has launched this service in order to improve its subscriber base as well as add another source of revenue for the company.
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| JPMorgan Sued Over Hedging Losses Posted: 17 May 2012 01:53 PM PDT There seems to be no end to JPMorgan Chase & Co.'s (NYSE:JPM) woes following the announcement of its huge mark-to-market loss of about $2 billion in the first six weeks of the second quarter. The company's shareholders have recently sued the CEO and top management for alleged misrepresentations of the facts in two separate lawsuits filed in the U.S. District Court in Manhattan.
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| Posted: 17 May 2012 01:53 PM PDT Amgen (NASDAQ:AMGN) recently presented additional data on its oncology candidate, blinatumomab (AMG 103). The company presented results from a phase II single-arm dose-ranging study which showed that 72% of patients achieved a high rate of complete response (CR).
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| Posted: 17 May 2012 01:38 PM PDT Apple Inc. (NASDAQ:AAPL) will likely choose China Mobile Ltd (NYSE:CHL) as its new telecom partner in China, as per a recent news feed from Bloomberg. Both the companies have started discussions and it will take some time before they strike a deal. Consequently, the iPhone from China Mobile is not expected to hit the market this year.
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| Cousins Properties Stays Neutral Posted: 17 May 2012 01:38 PM PDT We maintain our Neutral rating on Cousins Properties Inc. (NYSE:CUZ), a Georgia-based real estate investment trust (REIT) engaged in the acquisition, financing, development, management, and leasing of office, retail and industrial properties throughout the U.S.
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| Only People Pay Taxes, Not Solar Panels Posted: 17 May 2012 01:38 PM PDT On behalf of American consumers, a slightly edited version of this afternoon’s NY Times article “U.S. Slaps High Tariffs on Chinese Solar Panels” Americans Who Purchase Solar Panels Made in China”: “The United States Commerce Department said Thursday that it has decided to impose tariffs (taxes) of more than 31 percent on Americans who purchase solar panels imported from China, after concluding that Chinese producers had generously "dumped" lowered the prices of solar panels on the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 17 May 2012 01:18 PM PDT Activision Blizzard Inc. (NASDAQ:ATVI) and Electronic Arts Inc. (EA) have reached an amicable settlement with regard to their on-going legal dispute, according to Reuters. Though the terms of settlement related to contract interference claims were not disclosed, the $400 million suit that Activision filed against EA will now be set aside.
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| Schwab To Shut Down BrokersXpress Posted: 17 May 2012 01:18 PM PDT The Charles Schwab Corporation (NASDAQ:SCHW) is preparing to pull down the shutters of its brokersXpress unit, a wing of optionsXpress Holdings, Inc within the next couple of months. This was reported by Reuters on Wednesday. brokersXpress' inability to fit in the strategic setting may have prompted Schwab to opt for such an action.
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| Total System Rolls Out Service Tool Posted: 17 May 2012 01:18 PM PDT In an effort to better serve tech savvy customers, Total System Services Inc. (NYSE:TSS) announced the launch of "connected mobility" to support real-time communication through a variety of devices. The newly launched technology includes various Application Programming Interfaces ("API") and other user-friendly applications.
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| Posted: 17 May 2012 12:58 PM PDT URS Corporation (NYSE:URS) added to its newly formed Oil & Gas division a nearly $130 million contract. The new division was formed with the completion of the acquisition of Flint Energy Services Ltd. With this acquisition, the URS expanded its presence in the oil and gas sector.
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| GE Expands Its Mining Presence Posted: 17 May 2012 12:58 PM PDT General Electric Company (NYSE:GE) is pursuing acquisitions to expand its underground mining equipment business. GE currently expects 8% annual growth for the global mining equipment industry through 2020.
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| Hot Option Plays: Pressure Continues Posted: 17 May 2012 12:44 PM PDT Cusick’s Corner 05-17-2012
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| How Can Advisors Build A More Modern Portfolio? Posted: 17 May 2012 12:44 PM PDT Originally published By Matt Ackermann on May 16, 2012 at OnWallStreet.com
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| Manufacturing: U.S. Will Own The Mid-21st Century Posted: 17 May 2012 12:41 PM PDT From today’s WSJ article “The Future is More Than Facebook” by Rich Karlgaard: “Manufacturing? America will own the mid-21st century. Geopolitical instability and rising oil prices will wreck the late 20th-century rationale for outsourcing. Chinese labor costs are rising 20% a year while robotic costs are dropping by 30% a year. Do the math. “Made in the USA” is set to have a major comeback. The showstopper will be 3-D printing, which makes physical objects from a digital file. It will … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Titanium Metals Reaffirmed Neutral Posted: 17 May 2012 12:38 PM PDT We are reaffirming our Neutral recommendation on Titanium Metals Corporation (NYSE:TIE) following its mixed first-quarter 2012 results. Its earnings of 15 cents a share narrowly missed the Zacks Consensus Estimate. Revenues rose 10% year over year to $276.7 million, beating the Zacks Consensus Estimate.
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| Eni Makes A Major Gas Discovery Posted: 17 May 2012 12:38 PM PDT Eni SpA (NYSE:E) has struck a major gas discovery at the Coral 1 exploration prospect offshore northern Mozambique.
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| Myriad To Present Cancer Test Study Posted: 17 May 2012 12:18 PM PDT Myriad Genetics (NASDAQ:MYGN) will present a study on a lung cancer prognostic test at the upcoming American Society of Clinical Oncology annual meeting. The study assessed the prognostic value of cell cycle progression ('CCP') score for 256 patients with stage I and II lung adenocarcinoma. This was used in predicting patient outcomes and correlation between the CCP score and certain factors such as age, stage of disease, gender, smoking status, tumor size and treatment.
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| Dropbox, Google Drive, And The CPI Posted: 17 May 2012 12:15 PM PDT There’s an ongoing debate (including in the CD comments section) about whether CPI inflation as measured by the BLS overstates or understates changes in consumer prices. Mike Mandel makes the case here that the CPI may significantly overstate inflation because it doesn’t capture many of the significant price decreases in online services, many of which are now free: Dropbox (which Mike Mandel uses 25-50 times per day) with 2.5 GB free storage, Google Drive (“Keep Everything, Share … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 17 May 2012 12:00 PM PDT 05/17/12 Todd Schoenberger of the BlackBay Group gives us a teaser of the upcoming episode of NYFP’s “This Week in Wall Street History” by celebrating the anniversary of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| In Praise Of The Speculators, Who Smooth Out Production And Consumption, And Benefit Society Posted: 17 May 2012 11:44 AM PDT From the article “Why Speculators?” by Percy L. Greaves, which originally appeared in the November 1964 issue of The Freeman: “Frequently, the speculator is the first to foresee a future scarcity. When he does, he buys while prices are still low. His buying bids up prices, and consumption is thus more quickly adjusted to future conditions than if no one had foreseen the approaching scarcity. A larger quantity is then stored for future use and serves to reduce the hardships when the shortage … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Dividend Investing: A Review Of The Little Book Of Big Dividends Posted: 17 May 2012 11:39 AM PDT In Brief
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| The Trend Trader For Forex Trading On Friday, May 18, 2012 Posted: 17 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
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| The Trend Trader For ETF Trading On Friday, May 18, 2012 Posted: 17 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 ETF
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| The Trend Trader For Stock Trading On Friday, May 18, 2012 Posted: 17 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
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| The Trend Trader For Futures Trading On Friday, May 18, 2012 Posted: 17 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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