DailyMarkets.com - Sempra Adopts Latest Solar Tech

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• Sempra Adopts Latest Solar Tech
• Cardinal Remains Neutral
• Boyd To Buy High-Margin Peninsula
• BPP@MIT Annual Inflation Rate Falls Below 2%
• More 3G Users Join China Unicom
• Transocean Issues Fleet Summary
• Hot Option Plays: Get The Windex Out
• Hot Option Plays: Market Breaks With The Euro
• Keating: “US Data Taking Backseat To Europe”
• Chesapeake’s Oily Capital Layout
• Accuray Signs Master Research Deal
• NASDAQ Faces FB Investor Wrath
• Molson Coors Launches New Brews
• American Eagle Beats On Bottom Line
• Google Closes Motorola Buyout
• Rogers Downgraded To Underperform
• Yen Rockets As BoJ Holds Off Further Stimulus; Greek Exit Fears Grow
• Aggressive Growth Stock: Valeant Pharmaceuticals
• NVO’s Levemir Label Expanded
• Barclays To Sell BlackRock Stake
• JPMorgan Entangled In Lawsuit Again
• I Need Your Help (Plus, 10% Off)
• Itron Strengthens Foothold In China
• Leucadia Remains In Neutral Zone
• Strong 1Q For PetSmart
• Wall Street And EUR Slide On Greece Fears
• Energy Stimulus: Shale Gas Saved Consumers $250 Billion And Created Thousands Of Shovel-Ready Jobs
• Pebblebrook Obtains Debt Financing
• Euro Falls To A 21-month Low Vs Dollar
• Pocket Of Strength: Turkey Retail Stocks Rally

Sempra Adopts Latest Solar Tech Posted: 23 May 2012 11:58 AM PDT Southern California Gas Co. or SoCalGas, a subsidiary of Sempra Energy (NYSE:SRE), has installed an advanced concentrated solar cogeneration system built by Cogenra Solar of Mountain View, California. This newest technology has been installed at SoCalGas’ Energy Resource Center in Downey to benefit its business. Like the solar panels, the cogeneration system uses mirrors and a tracking system to incarcerate the energy from the sun. The sunlight captured is then focused onto an array of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cardinal Remains Neutral Posted: 23 May 2012 11:58 AM PDT We maintain our rating on Cardinal Health (NYSE:CAH) at Neutral. Earnings for the third quarter beat the Zacks Consensus Estimate by $0.06. Earnings from continuing operations (as reported) were up about 33% year over year to $332.5 million (or $0.95 a share). Revenues in the third quarter increased 3% year over year to $26.9 billion, beating the Zacks Consensus Estimate of $26.6 billion. The Pharmaceutical segment recorded revenues of $24.5 billion in the quarter, a 3% year-over-year increase, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Boyd To Buy High-Margin Peninsula Posted: 23 May 2012 11:37 AM PDT Boyd Gaming Corporation (NYSE:BYD) recently inked a definitive acquisition agreement with Peninsula Gaming, LLC. Per the agreement, Boyd Gaming will acquire Peninsula Gaming for $1.45 billion, by year-end 2012. Peninsula's five properties are spread across in three of the country's most compelling geographic locations that made it a lucrative acquisition target. The properties are Kansas Star Casino near Wichita, Kansas; Diamond Jo Casino in Dubuque, Iowa; Diamond Jo Worth in Northwood, Iowa; … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BPP@MIT Annual Inflation Rate Falls Below 2% Posted: 23 May 2012 11:10 AM PDT The top chart above displays annual inflation rates based on daily online retail price data collected by the Billion Prices Project @ MIT, which just released data through April 30.  According to this real-time measure of major inflation trends in the U.S., inflationary pressures have been subsiding since last summer, and the annualized inflation rate fell below 2% at the end of April for the first time since early January 2010, more than two years ago.    The bottom chart … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

More 3G Users Join China Unicom Posted: 23 May 2012 11:08 AM PDT China’s second largest mobile operator China Unicom (NYSE:CHU) added 3.3 million cellular subscribers in April, down 5.7% from the prior month. This takes the company's total customer base to 212.75 million. The company's GSM subscriber base expanded to 160.97 million with net additions of 0.34 million customers, while its 3G subscriber base increased to 51.78 million with net additions of 2.92 million. The 3G subscriber base is growing rapidly, particularly driven by Apple Inc.'s (NASDAQ:AAPL) … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Transocean Issues Fleet Summary Posted: 23 May 2012 11:08 AM PDT Recently, offshore drilling giant Transocean Ltd. (NYSE:RIG) issued a monthly 'Fleet Update Summary' covering the company's drilling rig status and contract information. Per the report, the company's high specification jackup GSF Constellation I received a three-year contract from Total SA (NYSE:TOT) to work on Indonesian waters. The contract is executable from October 2012 at a revised dayrate of $150,000, against a prior dayrate of $140,000. Another drillship – GSF Monitor– won a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Get The Windex Out Posted: 23 May 2012 10:55 AM PDT Cusick’s Corner 05-22-2012 Get the Windex out — cures many ailments (My Big Fat Greek Wedding reference). A headline came across about the cost of a potential Greek pullout from the Euro by a former leader of Greece, causing the Euro Currency to pull back to $1.2680 -.86% and challenging critical lows of $1.26. A break of the Euro Currency of this level would not be a good signal for equities. The Congressional Budget Office also came out with data that was bleak for taxes and budgets which … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Market Breaks With The Euro Posted: 23 May 2012 10:55 AM PDT Cusick’s Corner I saw the Euro print below $1.26 — even the AAPL rally is not helping. But this action is not coming out of nowhere; the EU headlines have been ugly. The data is mixed and the trend has been bearish, and not to belabor the point, this is how one might trade until the market tells us otherwise. Commodities, JJG, DBC, and USO, are under pressure and Crude move is getting to a point where margin pressure could start to build on the longs, potentially forcing a steeper pullback. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Keating: “US Data Taking Backseat To Europe” Posted: 23 May 2012 10:50 AM PDT 05/23/12 James E. Coffey Securities’ Gregory Keating weighs in on EU jitters and US economic data releases. Technicals are discussed as US equity averages slump on the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Chesapeake’s Oily Capital Layout Posted: 23 May 2012 10:47 AM PDT Chesapeake Energy Corporation (NYSE:CHK) announced its plan to increase oil output and deploy 90% of its total capital to drill liquids-rich plays in 2013. The estimated capital expenditure for 2013 is $7 billion. In view of the steep drop in gas prices, Chesapeake –  the second largest natural-gas production company behind Exxon Mobil Corporation (NYSE:XOM) – plans to boost oil yield. The company's strategy faced a setback in the first quarter as it failed to meet its oil-production … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Accuray Signs Master Research Deal Posted: 23 May 2012 10:28 AM PDT Leading radiosurgery systems maker Accuray Incorporated (NASDAQ:ARAY) entered into a collaborative research alliance with Deutsches Krebsforschungszentrum ("DKFZ"), a German Cancer Research Center. Per the master agreement, Accuray and DKFZ will join forces to advance research in the field of radiation oncology. This latest partnership is yet another addition to Accuray's long history of association with DKFZ. Accuray will be working with DKFZ and the University of Heidelberg to expand its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

NASDAQ Faces FB Investor Wrath Posted: 23 May 2012 10:28 AM PDT Following the Facebook Inc. (FB) initial public offering (IPO) debacle, NASDAQ OMX Group Inc (NASDAQ:NDAQ) is facing the wrath of one of the IPO investors, who questioned NASDAQ's failure to process orders to buy, sell or cancel requests for Facebook shares on time, causing losses to investors. The investor hopes to obtain a class action status for a case he filed against the company regarding the same. The concerned investor had tried to both order and then cancel requests for Facebook shares … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Molson Coors Launches New Brews Posted: 23 May 2012 10:28 AM PDT Global brewer Molson Coors Brewing Company (NYSE:TAP) has announced a new range of products and packaging innovations in order to enhance its premium brands of Coors Light, Miller Lite, Molson Canadian and Carling. Molson Coors has broadened its portfolio with the introduction of new summer brews and introduced new style of packaging to meet the consumer demands. New Products Coors Light Iced Tis an extension of the company's brand Coors Light, which is Canada's favorite light beer. Coors … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

American Eagle Beats On Bottom Line Posted: 23 May 2012 10:08 AM PDT American Eagle Outfitters Inc.'s (NYSE:AEO) adjusted earnings of 22 cents per share for first-quarter 2012 handily beat the Zacks Consensus Estimate of 20 cents and climbed 37.5% from the prior-year quarter earnings of 16 cents. On a reported basis, the company earned 20 cents per share compared with 14 cents in the year-ago period. The robust quarterly performance was primarily driven by solid top-line growth and improved operating margin. Adjusted figures do not include income generated from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Google Closes Motorola Buyout Posted: 23 May 2012 10:08 AM PDT Google Inc. (NASDAQ:GOOG) has finally closed its acquisition of cell phone maker Motorola Mobility Holdings, Inc. (MMI) for $12.5 billion ($40 a share). The merger was approved by regulators in China on the condition that Google's Android software would remain free for other hardware makers for at least five years. This deal is the biggest in Google's 13-year history and among the 136 acquisitions it has made since it went public in 2004, which have cost the company $9.1 billion in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Rogers Downgraded To Underperform Posted: 23 May 2012 10:08 AM PDT We are downgrading our recommendation on Rogers Communications Inc. (NYSE:RCI) to Underperform following its weak financial results for the first quarter of 2012, which missed the Zacks Consensus Estimates. Rogers is currently facing tremendous pressures in all three business segments. The Canadian Wireless market has become increasingly competitive exerting huge pressure on Rogers' ARPU and margins. In the previous quarter, the growth rate of the wireless data revenue slowed further. Meanwhile, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Yen Rockets As BoJ Holds Off Further Stimulus; Greek Exit Fears Grow Posted: 23 May 2012 09:51 AM PDT Fundamental Headlines - Eurozone Tells Members To Make Contingencies for "Grexit" – Reuters - BoE's 'Finely Balanced' Decision Keeps QE Options Open: Economy – Bloomberg - European Banks Unprepared For Greek Exit From Euro – Bloomberg - Euro Sinks To 21-Month Low As Greek Exit Fears Rise – Reuters - Japan Stocks Fall On BOJ Decision, Exports, Ratings Cut – Bloomberg European Session Summary The US Dollar (ticker: USDOLLAR) traded higher against all major counterparts with the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: Valeant Pharmaceuticals Posted: 23 May 2012 09:48 AM PDT Valeant Pharmaceuticals (VRX) has posted four straight positive earnings surprises and is now a Zacks #1 Rank (Strong Buy). Company Description Valeant Pharmaceuticals International, Inc., a specialty pharmaceutical company develops pharmaceutical products in the areas of neurology, dermatology, and branded generics. It offers Wellbutrin XL to treat depressive disorders and Xenazine to treat chorea associated with Huntington’s disease. Other drugs include CeraVe to rebuild and repair skin … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

NVO’s Levemir Label Expanded Posted: 23 May 2012 09:48 AM PDT Novo Nordisk (NYSE:NVO) recently announced that the U.S. Food and Drug Administration (FDA) expanded the label of its diabetes drug, Levemir (insulin detemir [rDNA origin] injection). Levemir, a long-acting insulin analogue, received approval for type I diabetes in children between two to five years of age. According to data provided by the Centers for Disease Control and Prevention (CDC), over 13,000 young people are diagnosed with type I diabetes, annually. The youngest of these children are at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Barclays To Sell BlackRock Stake Posted: 23 May 2012 09:28 AM PDT In an effort to meet the Basel III capital requirements and boost profitability, Barclays PLC (NYSE:BCS) has decided to sell its 19.6% stake (about 35.2 million shares) in BlackRock Inc. (NYSE:BLK). The company will dispose approximately 26.2 million shares of BlackRock in an underwritten public offering at a price of $160.00 per share. Additionally, BlackRock would buyback nearly 6.4 million shares for $1.0 billion. With regard to the public offering, the underwriters – Morgan Stanley (NYSE:MS), BofA … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

JPMorgan Entangled In Lawsuit Again Posted: 23 May 2012 09:13 AM PDT JPMorgan Chase & Co.'s (NYSE:JPM) huge mark-to-market loss of about $2 billion in the first six weeks of the second quarter has intertwined it in numerous troubles. According to Reuters, earlier this week, the company has yet again faced a lawsuit. Gregory Scrydloff, a former employee of the company, filed the lawsuit in the New York State Supreme Court in Manhattan. The filed lawsuit requests for class-action status for the existing and ex-employees of JPMorgan, who participated in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

I Need Your Help (Plus, 10% Off) Posted: 23 May 2012 09:08 AM PDT Devastating circumstances can usually put many things in perspective. They can also bring people together for great causes. Yesterday, a great friend lost her husband to a terrible accident. She's also expecting their first child. This terrible event couldn't have happened to a nicer, or more genuine person. How to Help 1. Now through the end of May, all products at PivotBoss are 10% OFF using the coupon code "HELP", and 20% of the proceeds will go directly to the unborn baby's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Itron Strengthens Foothold In China Posted: 23 May 2012 08:53 AM PDT With the opening of the manufacturing facility in Suzhou Industrial Park, Itron, Inc. (NASDAQ:ITRI) reached a new milestone fortifying its presence in the emerging markets of China. The facility will be providing residential water meters, industrial water meters and residential heat meters to the Chinese market and worldwide. The heat meters manufactured by Itron are aimed at achieving energy reduction objectives supporting one of the goals of Chinese government's Five Year Plan. Accomplishing the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Leucadia Remains In Neutral Zone Posted: 23 May 2012 08:53 AM PDT We recently maintained a Neutral recommendation on Leucadia National Corporation (NYSE:LUK), expecting the company to perform in line with the market. We believe the company largely benefits from its extensive diversifications into a variety of businesses including manufacturing, oil and gas drilling services, gaming entertainment, real estate activities, medical product development operations and various other investment activities. Of late, the company acquired Nation Beef Packaging Company, LLC … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Strong 1Q For PetSmart Posted: 23 May 2012 08:33 AM PDT Higher sales and cost containment efforts facilitated PetSmart Inc. (NASDAQ:PETM), the specialty retailer of products, services and solutions for pets, to post strong first-quarter 2012 earnings. The quarterly earnings of 85 cents a share jumped 39% from 61 cents delivered in the year-ago period. Moreover, the reported earnings handily surpassed the Zacks Consensus Estimate of 73 cents. The company's top line increased 9.4% year over year to $1,629.9 million, ahead of the Zacks Consensus Estimate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wall Street And EUR Slide On Greece Fears Posted: 23 May 2012 08:27 AM PDT 05/23/12 US stocks extended its slide on fears over Greece’s future in the the Euro zone. US housing data offered little support for weakened global … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Energy Stimulus: Shale Gas Saved Consumers $250 Billion And Created Thousands Of Shovel-Ready Jobs Posted: 23 May 2012 08:14 AM PDT Click to enlarge. The American Gas Association has just released a study titled “Identifying Key Economic Impacts of Recent Increases in U.S. Natural Gas Production.” Parts of the Executive Summary and Conclusion appears below.    Executive Summary: The recent success of shale gas and oil production in the United States coupled with only modest demand growth has resulted in measurable declines in domestic natural gas prices, which has benefited both gas customers as well as the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Pebblebrook Obtains Debt Financing Posted: 23 May 2012 08:13 AM PDT Pebblebrook Hotel Trust (PEB), a real estate investment trust (REIT), has recently obtained a new $50.0 million non-recourse secured loan from PNC Bank NA. – the principal subsidiary of the PNC Financial Services Group Inc. (NYSE:PNC). The five-year loan bears a fixed annual interest rate of 3.90% and is secured by a first mortgage on the company's "306-room Hotel Sofitel Philadelphia" in Philadelphia, Pennsylvania. The company intends to utilize the loan proceeds to pay down the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro Falls To A 21-month Low Vs Dollar Posted: 23 May 2012 02:15 AM PDT 05/23/12 The euro continued its tumble Wednesday morning, hitting a 21-month low against the dollar, as the markets are on edge concerning Greece’s future in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Pocket Of Strength: Turkey Retail Stocks Rally Posted: 22 May 2012 11:15 PM PDT To add alpha, we believe investors need to continually seek pockets of strength amidst today's mire of pessimism. One bright spot we've seen lies just east of Greece: Turkey. Many investors believe banks are the only investment play in Turkey. The sole question for those investors is to hold or not to hold banks. Here's what we think is a better strategy: Invest in undervalued, diverse, smaller companies that will benefit from a resilient consumer, low unemployment rate and sound … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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