DailyMarkets.com - Rating Action On Genworth
DailyMarkets.com - Rating Action On Genworth |
- Rating Action On Genworth
- Bing! Microsoft Integrates Social Into Search
- Hot Option Plays: Bucking Trend
- CNO Initiates Dividend Payment
- BofA’s $315M Settlement Approved
- Kirkland’s Comp Down In 1Q
- Long…and Wrong?
- Visa Strikes Deal With Obopay
- BofA Introduces Travel Credit Cards
- Global Data Deluge On Friday
- S&P Positive On Cigna
- AK Steel Retained At Neutral
- Earnings Scorecard: HCP
- Martin Marietta’s Vulcan Bid Stayed
- Toyota Launches RAV4 EV
- Stock Watch List For Friday May 11, 2012
- Neutral On Coca-Cola
- T-Mobile/MetrPCS Merger Talks
- Anadigics Integrates With NEC CASIO
- Earnings Scorecard: Comcast Corp.
- Ford Shortens Summer Shutdown
- Crude Supplies Jump To 22-Year High
- Stocks Snap Six-day Losing Streak
- Covidien Buys PolyTouch Medical
- Retail Contracts For VeriFone
- The Fed Does Comedy
- Invesco’s April AUM Dips Slightly
- Bed, Bath To Acquire Cost Plus
- Earnings Scorecard: Big 5
- NCI Building To Buy Metl-Span
- FDA Approves Supplemental Trial
- Software Blip Causes Slight Revenue Miss
- Lockheed Wins Bid Against CH2M Hill
- Union Bank To Acquire Smartstreet
- St. Jude Wins Approval For Ellipse
- Signs Of Nationwide Real Estate Recovery In April? Double-Digit Gains In Sales And Prices Are Common
- Boeing Acquires Inmedius
- Earnings Scorecard: Hologic
- Could Dragon Oil Be An Ideal Stock For Dividend Growth Investors?
- The Trend Trader For ETF Trading On Friday, May 11, 2012
- The Trend Trader For Stock Trading On Friday, May 11, 2012
- The Trend Trader For Futures Trading On Friday, May 11, 2012
- The Trend Trader For Forex Trading On Friday, May 11, 2012
Posted: 10 May 2012 04:02 PM PDT A.M. Best Co. reiterated theissuer credit ratings ("ICR") of 'bbb'of Genworth Financial Inc. (GNW) and all of its existing debt ratings. |
Bing! Microsoft Integrates Social Into Search Posted: 10 May 2012 03:58 PM PDT 05/10/12 The latest Bing update will incorporate social networking into its search engine results. Microsoft has one advantage over its web browser rivals, with its partnerships with Facebook and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Hot Option Plays: Bucking Trend Posted: 10 May 2012 03:47 PM PDT Cusick’s Corner |
CNO Initiates Dividend Payment Posted: 10 May 2012 03:44 PM PDT In a bid to return more value to its shareholders, the Board of Directors of CNO Financial Group, Inc. (NYSE:CNO) recently initiated a quarterly cash dividend of 2 cents per share. The dividend will be paid on June 25, 2012 to the shareholders of record as of June 11, 2012. |
BofA’s $315M Settlement Approved Posted: 10 May 2012 03:44 PM PDT On Tuesday,Jed Rakoff, the U.S. District Judge in Manhattan, approved Bank of America Corporation's (NYSE:BAC) $315 million settlement with investors related to the Public Employees’ Retirement System of Mississippi pension fund. The settlement was made to compensate investors for misleading them regarding the risks associated with mortgage-backed securities issued by the Merrill Lynch unit of BofA. |
Posted: 10 May 2012 03:44 PM PDT Nashville, Tennessee-based specialty retailer of home décor, Kirkland’s Inc. (NASDAQ:KIRK), posted a 1.2% decline in comparable-store sales for the thirteen-weeks ended April 28, 2012 compared with an 8.4% decline in the prior-year period. Total sales for the period moved up 3.6% to $97.8 million from $94.4 million in year-ago quarter. |
Posted: 10 May 2012 03:39 PM PDT While Wall Street is telling people that it’s onward and upward from here, the Hemline Index, a theory which states that the length of women’s skirts and dresses tends to rise and fall with stock prices, looks to be saying otherwise. |
Posted: 10 May 2012 03:24 PM PDT Visa Inc. (NYSE:V) recently entered into an agreement with disbursement and bulk payment solutions provider, Obopay Disbursements to pay out electronic funds to a prepaid card. As per the deal, Obopay will facilitate real-time payments through the corporate account against a Visa prepaid card provided to the payee. |
BofA Introduces Travel Credit Cards Posted: 10 May 2012 03:24 PM PDT The competition in the travel credit card market is all set to get fierce with the launch of three new travel cards by Bank of America Corporation (NYSE:BAC). The new credit cards – BankAmericard Travel Rewards, BankAmericard Privileges with Travel Rewards and WorldPoints Travel Rewards for Business – are intended to satisfy high demand from frequent travelers. |
Posted: 10 May 2012 03:20 PM PDT 05/10/12 US inflation data and consumer sentiment will be released on Friday morning. Overnight, a slew of data will be coming out from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 10 May 2012 03:08 PM PDT Standard & Poor's undertook a favorable rating action on the credit worthiness of health insurer CIGNA Corp. (NYSE:CI) and its main operating subsidiaries, Connecticut General Life Insurance Co. ("CG Life") and Cigna Health and Life Insurance Co. ("CHLIC"). |
Posted: 10 May 2012 03:08 PM PDT We are maintaining our Neutral recommendation on AK Steel Holding Corporation (NYSE:AKS). The company's first-quarter 2012 net loss of 11 cents a share matched the Zacks Consensus Estimate. Revenues dipped 4.6% year over year to $1,508.7 million, trailing the Zacks Consensus Estimate. |
Posted: 10 May 2012 02:48 PM PDT HCP Inc. (NYSE:HCP), a leading healthcare real estate investment trust (REIT), reported first quarter 2012 funds from operations (FFO) of$264.8 million or 64 cents per share compared with $149.7 million or 40 cents per share in the year-earlier quarter. Funds from operations, a widely used metric to gauge the performance of REITs, are obtained after adding depreciation and amortization and other non-cash expenses to net income. |
Martin Marietta’s Vulcan Bid Stayed Posted: 10 May 2012 02:48 PM PDT Vulcan Materials Corp. (NYSE:VMC) recently announced that the Delaware Court of Chancery passed a ruling delaying rival Martin Marietta Materials, Inc.'s (NYSE:MLM) hostile bid by four months. Shares of Vulcan, the nation's largest producer of construction aggregates, responded favorably to the news. Martin Marietta intends to appeal the ruling. |
Posted: 10 May 2012 02:48 PM PDT Toyota Motor Corporation (NYSE:TM) has announced the launch of the electric version of its RAV4 SUV at the Electrical vehicle Symposium in Los Angeles. The vehicle will be featuring batteries and electric powertrain from Tesla Motors Inc. (TSLA). |
Stock Watch List For Friday May 11, 2012 Posted: 10 May 2012 02:31 PM PDT ( click to enlarge ) Delta Air Lines, Inc. (NYSE:DAL) On watchlist no trigger yet. The stock has consolidated the past two weeks. If DAL can break through $11.34, the stock should make a strong upside move. On the other hand, if the stock does not break resistance, be very careful and use your stops for the downside. Shareholders may remain invested with a stop-loss at $10.14 ( click to enlarge ) News Corp (NWSA) has a Bullish looking stock chart, the stock price broke out from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 10 May 2012 02:28 PM PDT We have maintained our rating on The Coca-Cola Company (NYSE:KO) with a target price of $81.00 following appraisal of first quarter 2012 results. |
Posted: 10 May 2012 02:28 PM PDT Mergers and takeovers in the U.S. telecom market tend to hit the headlines from time to time. The latest buzz is about T-Mobile USA's merger plans with low cost carrier MetroPCS Communications, Inc. (NYSE:PCS). |
Anadigics Integrates With NEC CASIO Posted: 10 May 2012 02:08 PM PDT Recently, Anadigics, Inc. (NASDAQ:ANAD) announced that it has started shipping volume production of its power amplifiers (PAs) to NEC CASIO Mobile Communications. These amplifiers support NEC MEDIAS smartphone with its High-Efficiency-at-Low-Power (HELP4) amplifiers. |
Earnings Scorecard: Comcast Corp. Posted: 10 May 2012 02:08 PM PDT Following the first quarter earnings announcement on May 2, most of the analysts covering Comcast Corporation (NASDAQ:CMCSA) have revised their estimates. |
Posted: 10 May 2012 02:08 PM PDT Ford Motor Co. (NYSE:F) plans to boost output by 40,000 vehicles by shortening the summer shutdown at its 13 North American plants to one week from the traditional two weeks. The move is based on the company's aim to match output with improving demand for its vehicles and is consistent with its target to enhance annual production capacity by 400,000 vehicles. |
Crude Supplies Jump To 22-Year High Posted: 10 May 2012 02:08 PM PDT The U.S. Energy Department’s weekly inventory release showed that crude stockpiles jumped to their highest level since August 1990, as imports climbed. However, on the bullish side, the agency's report revealed that refined product inventories – gasoline and distillate – dropped sharply from their previous week levels on stronger demand. Meanwhile, refinery utilization rate reflected an increase of 0.4%. |
Stocks Snap Six-day Losing Streak Posted: 10 May 2012 09:00 AM PDT 05/10/12 Stocks closed slightly higher during a quiet session with gains limited on continued political uncertainty in the euro … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Covidien Buys PolyTouch Medical Posted: 10 May 2012 01:53 PM PDT Covidien plc (NYSE:COV) recently announced the acquisition of PolyTouch Medical Ltd., a renowned provider of mesh placement devices used for hernia repair. However, the terms of the agreement were not disclosed by the companies. |
Posted: 10 May 2012 01:53 PM PDT VeriFone Systems, Inc. (NYSE:PAY) recently announced that it had received contracts from New Balance and Samsonite for deploying its GlobalBay Mobile Point of Sale (mPOS) platform for the iPOD touch. The niche benefit derived from the mPOS solution is that it makes the store associate flexible. An individual can now be operational from any point, for improved and easy customer service management. |
Posted: 10 May 2012 01:46 PM PDT It’s a joke, right? |
Invesco’s April AUM Dips Slightly Posted: 10 May 2012 01:28 PM PDT Invesco Ltd. (NYSE:IVZ) announced a marginal 0.7% decline in its preliminary month-end assets under management (AUM) for the month of April 2012. The company's AUM for the reported month was $668.4 billion compared with $672.8 billion at the end of March 2012. |
Bed, Bath To Acquire Cost Plus Posted: 10 May 2012 01:28 PM PDT Bed Bath & Beyond Inc. (NASDAQ:BBBY), one of the leading operators of specialty retail stores in the U.S. and Canada, has agreed to buy leading casual home furnishings and entertainment products retailer, Cost Plus Inc. (NASDAQ:CPWM) in an all-cash transaction. |
Posted: 10 May 2012 01:14 PM PDT Big 5 Sporting Goods Corp. (NASDAQ:BGFV), an operator of a sporting goods retailer in the western U.S., posted its first-quarter 2012 results on May 1. In the subsequent paragraphs, we will cover the recent earnings announcement, analysts' estimate revisions as well as the Zacks Rank and long-term recommendation on the stock. |
Posted: 10 May 2012 01:14 PM PDT With a view to diversifying and expanding its product offering, NCI Building System (NYSE:NCS) has penned an agreement to acquire the leading insulated metal panel supplier, Metl-Span LLC, from a subsidiary of BlueScope Steel North America Corporation for $145 million. |
FDA Approves Supplemental Trial Posted: 10 May 2012 12:58 PM PDT FDA Approves Supplemental Trial On Tuesday (5/8/12) SANUWAVE (SNWV) announced that the FDA approved its IDE Supplement for an additional clinical trial for dermaPACE. Aside from being smaller than the than the initial 206-patient trial and also incorporating treatment “boosts”, the trials will be very similar. The statistical methods (Bayesian) apply sequential analysis allowing for the supplemental data to build on the positive results from the initial larger … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Software Blip Causes Slight Revenue Miss Posted: 10 May 2012 12:58 PM PDT Software Blip Causes Slight Revenue Miss Brian Marckx, CFA Q1 2012 RESULTS Transgenomic Inc. (TBIO) reported financial results for Q1 ending March 31, 2012 on May 8th. Revenue missed our number by about 6%. The majority of the miss was from the Clinical Lab business – which is likely directly related to a laboratory software issue which management noted limited their sample processing capacity for a period during Q1. Gross margin, which came in significantly weaker than our … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Lockheed Wins Bid Against CH2M Hill Posted: 10 May 2012 12:58 PM PDT Lockheed Martin Corporation (NYSE:LMT) has won a bid against CH2M Hill and has received a multi-year contract worth $2 billion to support the National Science Foundation's ("NSF") Antarctica operations. The company will provide support infrastructure to the U.S. Antarctic Program that conducts research at the South Pole. |
Union Bank To Acquire Smartstreet Posted: 10 May 2012 12:57 PM PDT On Wednesday, San Francisco-based Union Bank, a unit of UnionBanCal Corp. agreed to acquire Atlanta-based Smartstreet, a financial services division of PNC Financial Services Group Inc. (NYSE:PNC). UnionBanCal Corp. is a fully owned subsidiary of Mitsubishi UFJ Financial Group Inc. (NYSE:MTU), also known as MUFG. |
St. Jude Wins Approval For Ellipse Posted: 10 May 2012 12:38 PM PDT Medical devices major St. Jude Medical (NYSE:STJ) recently revealed approval from the U.S. Food and Drug Administration ("FDA") for its Ellipse implantable cardioverter defibrillator ("ICD"). ICDs are sophisticated implantable devices used to treat abnormal and lethal rapid heart beat, which may lead to unexpected death due to cardiac problems. |
Signs Of Nationwide Real Estate Recovery In April? Double-Digit Gains In Sales And Prices Are Common Posted: 10 May 2012 12:24 PM PDT Real estate sales reports for the month of April are just starting to be released by local realtor associations, and the the reports out today are showing some strong signs of recovery in both unit sales and/or home prices in Minneapolis-St. Paul, Nashville, Des Moines, the D.C. area, Baltimore and Reno for sales activity last month. 1. “Twin Cities home prices bounced up in April with the largest jump since before the housing market meltdown. The median sales price leaped 12.4% from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 10 May 2012 12:22 PM PDT The Boeing Company (NYSE:BA) announced that it has completed the acquisition of Inmedius. Inmedius is a provider of software applications and services for managing and sharing information and learning content. The deal was first announced on April 26, 2012. Inmedius has approximately 75 employees and is headquartered in Pittsburgh, Pennsylvania, with offices in the United Kingdom and India. |
Posted: 10 May 2012 12:03 PM PDT Following the announcement of Hologic's (NASDAQ:HOLX) second quarter of fiscal 2012 results and the proposed acquisition of Gen-Probe (NASDAQ:GPRO) on April 30 2012, analysts have lowered their estimates for the forthcoming quarters. |
Could Dragon Oil Be An Ideal Stock For Dividend Growth Investors? Posted: 10 May 2012 06:43 AM PDT It is difficult to pinpoint precisely when it all started but for a while now there has been growing chatter among market-watchers, commentators and bloggers in the United States about a neat 'new' concept called Dividend Growth Investing. The clue is in the name of course, but put simply it's a technique that reinvents the dividend investing wheel, throws in a heavy dose of rear-view mirror analysis and sells itself as an ideal antidote to a low interest rate environment. |
The Trend Trader For ETF Trading On Friday, May 11, 2012 Posted: 10 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 Neutral BND – Vanguard Total Bond Market ETF Neutral DBC – DB Commodity Index Tracking Fd Bearish DIA – SPDR DJ Industrial Average ETF |
The Trend Trader For Stock Trading On Friday, May 11, 2012 Posted: 10 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 Friday, May 11, 2012 Posted: 10 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 Neutral Dow Jones – Jun YMM2 Neutral Nasdaq – Jun NQM2 Neutral Russell – Jun TFM2 Neutral INTEREST RATES US T-Bond – Jun ZBM2 |
The Trend Trader For Forex Trading On Friday, May 11, 2012 Posted: 10 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 Neutral USDCAD – US Dollar / Canadian Dollar Bullish USDCHF – US Dollar / Swiss … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
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