HSBC Expects Further Gains In Gold Prices Investor's Business Daily - 2 hours
ago By ALAN R. ELLIOTT, INVESTORS BUSINESS DAILY Posted 06:38 PM ET A note from
HSBC Friday boosted price targets on a number of leading gold miners, based on
higher estimates for prices of gold and ...
Friday, September 16, 2011
Top 10 Retail Stocks with Highest Upside: SPCHA, GOLF, GAIA, AUTC, PRTS, ACMR, CHRS, ODP, CMRG, CPWM (Sep 16, 2011)
Below are the top 10 Retail stocks with highest upside potential, based on the
difference between current price and Wall Street analysts average target price.
One Chinese company (AUTC) is on the list. Sport Chalet, Inc. (NASDAQ:SPCHA) has
the 1st highest upside potential in this segment of the market. Its upside is
233.3%. Its consensus target price is $6.00 based on the average of all
estimates. Golfsmith International Holdings, Inc. (NASDAQ:GOLF) has the 2nd
highest upside potential in this segment of the market. Its upside is 140.4%.
Its consensus target price is $7.50 based on the average of all estimates.
Gaiam, Inc. (NASDAQ:GAIA) has the 3rd highest upside potential in this segment
of the market. Its upside is 137.3%. Its consensus target price is $8.69 based
on the average of all estimates. AutoChina International Limited (NASDAQ:AUTC)
has the 4th highest upside potential in this segment of the market. Its upside
is 110.5%. Its consensus target price is $20.00 based on the average of all
estimates. U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) has the 5th highest
upside potential in this segment of the market. Its upside is 110.5%. Its
consensus target price is $10.19 based on the average of all estimates. A.C.
Moore Arts & Crafts (NASDAQ:ACMR) has the 6th highest upside potential in this
segment of the market. Its upside is 108.3%. Its consensus target price is $2.50
based on the average of all estimates. Charming Shoppes, Inc. (NASDAQ:CHRS) has
the 7th highest upside potential in this segment of the market. Its upside is
104.1%. Its consensus target price is $6.00 based on the average of all
estimates. Office Depot, Inc. (NYSE:ODP) has the 8th highest upside potential in
this segment of the market. Its upside is 90.4%. Its consensus target price is
$4.72 based on the average of all estimates. Casual Male Retail Group, Inc.
(NASDAQ:CMRG) has the 9th highest upside potential in this segment of the
market. Its upside is 85.2%. Its consensus target price is $7.50 based on the
average of all estimates. Cost Plus, Inc. (NASDAQ:CPWM) has the 10th highest
upside potential in this segment of the market. Its upside is 81.3%. Its
consensus target price is $13.00 based on the average of all estimates.
difference between current price and Wall Street analysts average target price.
One Chinese company (AUTC) is on the list. Sport Chalet, Inc. (NASDAQ:SPCHA) has
the 1st highest upside potential in this segment of the market. Its upside is
233.3%. Its consensus target price is $6.00 based on the average of all
estimates. Golfsmith International Holdings, Inc. (NASDAQ:GOLF) has the 2nd
highest upside potential in this segment of the market. Its upside is 140.4%.
Its consensus target price is $7.50 based on the average of all estimates.
Gaiam, Inc. (NASDAQ:GAIA) has the 3rd highest upside potential in this segment
of the market. Its upside is 137.3%. Its consensus target price is $8.69 based
on the average of all estimates. AutoChina International Limited (NASDAQ:AUTC)
has the 4th highest upside potential in this segment of the market. Its upside
is 110.5%. Its consensus target price is $20.00 based on the average of all
estimates. U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) has the 5th highest
upside potential in this segment of the market. Its upside is 110.5%. Its
consensus target price is $10.19 based on the average of all estimates. A.C.
Moore Arts & Crafts (NASDAQ:ACMR) has the 6th highest upside potential in this
segment of the market. Its upside is 108.3%. Its consensus target price is $2.50
based on the average of all estimates. Charming Shoppes, Inc. (NASDAQ:CHRS) has
the 7th highest upside potential in this segment of the market. Its upside is
104.1%. Its consensus target price is $6.00 based on the average of all
estimates. Office Depot, Inc. (NYSE:ODP) has the 8th highest upside potential in
this segment of the market. Its upside is 90.4%. Its consensus target price is
$4.72 based on the average of all estimates. Casual Male Retail Group, Inc.
(NASDAQ:CMRG) has the 9th highest upside potential in this segment of the
market. Its upside is 85.2%. Its consensus target price is $7.50 based on the
average of all estimates. Cost Plus, Inc. (NASDAQ:CPWM) has the 10th highest
upside potential in this segment of the market. Its upside is 81.3%. Its
consensus target price is $13.00 based on the average of all estimates.
Make This Schizophrenic Market Work For You
The schizophrenic nature of investors has recently been on bright display, as
90% upside days give way immediately to 90% downside days, and then vice-versa.
Over the past seven weeks, you see that the picture that started off as decline
has since become a bit more blurry: July 22 to Aug. 8: -16.8% over 11 sessions
Aug. 8 to Aug. 15: +7.6% rally over 5 sessions Aug. 15 to Aug. 19: -6.7%
decline over 4 sessions Aug. 19 to Aug. 31: +8.5% rally over 8 sessions Aug.
31 to Sept. 6: -4.4% decline over 3 sessions Now just looking at the stretch
from the Aug. 8 low to now we see an advance of more than 8%. So we have to ask
ourselves: Is this rally the important part of this picture, or is the 17%
decline to Aug. 8 the most important part? The bullish narrative holds that the
most important development in the past month is the series of tests of the Aug.
8 low that has resulted in a set of higher highs and higher lows. On the other
hand, the bearish narrative holds that the past month amounts to nothing more
than a consolidation known as bear flag a pattern that concludes with a move in
the original direction of the market, which is downward. Adding weight to the
bearish point of view is that bulls have failed repeatedly to follow through
significantly on any of their major advances, and even on the strongest days in
terms of points gained, volume has been severely lacking. Also, bulls have
really failed to break out any of their big favorite multinational growth
stocks, as Caterpillar (NYSE: CAT ), United Technologies (NYSE: UTX ) and
Schlumberger (NYSE: SLB ) are locked in weak patterns under their 200-day
averages. Only hotshots like Apple (NASDAQ: AAPL ), Amazon.com (NASDAQ: AMZN )
and Hansen Natural (NASDAQ: HANS ) are consolidating firmly at high levels that
show bulls still care, while the only other strong names are defensive names
like McDonald's (NYSE: MCD ) and Coca-Cola (NYSE: KO ), plus the gold miners.
Both sides have decent arguments, which is why the market cant seem to get out
of its own way. Supporting the bulls going into the rest of the year is the
potential for more deliberate monetary support not just from the Federal
Reserve, starting at its Sept. 20 meeting, but also from other world central
banks in Europe, Latin America and Asia. Moreover, while the economy is
struggling, and may be in recession, it is not falling off a cliff at least not
yet and could actually muddle through at this current modest level of activity
for quite some time. Supporting the bears is the plain fact that any serious
shock a Greek default, a Spanish or Italian debt blowup, a Middle East
conflict, another major natural disaster or massive terror attack would push
the global industrial machine and markets over the edge. Strong economies can
withstand shocks, but weak ones cannot. While the big picture is muddled, the
little picture is fairly clear. If you are invested in high-quality staples
producers (MCD, KO), tech innovators (AAPL, AMZN), and gold and gold miners, and
high quality corporate and sovereign bonds, there is plenty of liquidity to
maintain a positive posture. Most markets offer a differentiated set of choices
to investors. As an example, the 2000-2002 bear market was of no consequence to
people invested in small-cap banks, REITs and energy producers, which did fine
during that whole period. And even in the 1970s, the lost decade of my youth,
was fine for investors who stayed with energy companies. Conditions like 2008,
where everything went down together due to the terrible combination of tight
money and credit implosion, are very rare in market history. There are no
certainties in investing, only probabilities. For now, the high-probability case
is that investors who stick with the stronger sectors and asset classes and
avoid early bottom-fishing in the weaker groups and asset classes will be able
to weather the rest of this year in style.
90% upside days give way immediately to 90% downside days, and then vice-versa.
Over the past seven weeks, you see that the picture that started off as decline
has since become a bit more blurry: July 22 to Aug. 8: -16.8% over 11 sessions
Aug. 8 to Aug. 15: +7.6% rally over 5 sessions Aug. 15 to Aug. 19: -6.7%
decline over 4 sessions Aug. 19 to Aug. 31: +8.5% rally over 8 sessions Aug.
31 to Sept. 6: -4.4% decline over 3 sessions Now just looking at the stretch
from the Aug. 8 low to now we see an advance of more than 8%. So we have to ask
ourselves: Is this rally the important part of this picture, or is the 17%
decline to Aug. 8 the most important part? The bullish narrative holds that the
most important development in the past month is the series of tests of the Aug.
8 low that has resulted in a set of higher highs and higher lows. On the other
hand, the bearish narrative holds that the past month amounts to nothing more
than a consolidation known as bear flag a pattern that concludes with a move in
the original direction of the market, which is downward. Adding weight to the
bearish point of view is that bulls have failed repeatedly to follow through
significantly on any of their major advances, and even on the strongest days in
terms of points gained, volume has been severely lacking. Also, bulls have
really failed to break out any of their big favorite multinational growth
stocks, as Caterpillar (NYSE: CAT ), United Technologies (NYSE: UTX ) and
Schlumberger (NYSE: SLB ) are locked in weak patterns under their 200-day
averages. Only hotshots like Apple (NASDAQ: AAPL ), Amazon.com (NASDAQ: AMZN )
and Hansen Natural (NASDAQ: HANS ) are consolidating firmly at high levels that
show bulls still care, while the only other strong names are defensive names
like McDonald's (NYSE: MCD ) and Coca-Cola (NYSE: KO ), plus the gold miners.
Both sides have decent arguments, which is why the market cant seem to get out
of its own way. Supporting the bulls going into the rest of the year is the
potential for more deliberate monetary support not just from the Federal
Reserve, starting at its Sept. 20 meeting, but also from other world central
banks in Europe, Latin America and Asia. Moreover, while the economy is
struggling, and may be in recession, it is not falling off a cliff at least not
yet and could actually muddle through at this current modest level of activity
for quite some time. Supporting the bears is the plain fact that any serious
shock a Greek default, a Spanish or Italian debt blowup, a Middle East
conflict, another major natural disaster or massive terror attack would push
the global industrial machine and markets over the edge. Strong economies can
withstand shocks, but weak ones cannot. While the big picture is muddled, the
little picture is fairly clear. If you are invested in high-quality staples
producers (MCD, KO), tech innovators (AAPL, AMZN), and gold and gold miners, and
high quality corporate and sovereign bonds, there is plenty of liquidity to
maintain a positive posture. Most markets offer a differentiated set of choices
to investors. As an example, the 2000-2002 bear market was of no consequence to
people invested in small-cap banks, REITs and energy producers, which did fine
during that whole period. And even in the 1970s, the lost decade of my youth,
was fine for investors who stayed with energy companies. Conditions like 2008,
where everything went down together due to the terrible combination of tight
money and credit implosion, are very rare in market history. There are no
certainties in investing, only probabilities. For now, the high-probability case
is that investors who stick with the stronger sectors and asset classes and
avoid early bottom-fishing in the weaker groups and asset classes will be able
to weather the rest of this year in style.
Gold Price Closed Today at 1,812.10
Gold Price Close Today : 1,812.10 Gold Price Close 09-Sep : 1,856.40 Change :
-44.30 or -2.4% Silver Price Close Today : 40.78 Silver Price Close 09-Sep :
41.57 Change : -0.79 or -1.9% Platinum Price Close Today : 1,813.90 Platinum
Price Close 09-Sep : 1,837.90 Change : -24.00 or -1.3% Palladium Price Close
Today : 731.20 Palladium Price Close 09-Sep : 737.10 Change : -5.90 or -0.8%
Gold Silver Ratio Today : 44.44 Gold Silver Ratio 09-Sep : 44.66 Change : -0.22
or 1.00% Dow Industrial : 11,509.09 Dow Industrial 09-Sep: 11,295.81 Change :
213.28 or 1.9% US Dollar Index : 76.24 US Dollar Index 09-Sep : 76.23 Change :
0.01 or 0.0% Important Note: Franklin Sanders is on vacation until the 19th of
September. Franklin's parting commentary can be viewed here :
http://silver-and-gold-prices.goldprice.org/2011/09/gold-and-silver-prices-today-proved.html
-44.30 or -2.4% Silver Price Close Today : 40.78 Silver Price Close 09-Sep :
41.57 Change : -0.79 or -1.9% Platinum Price Close Today : 1,813.90 Platinum
Price Close 09-Sep : 1,837.90 Change : -24.00 or -1.3% Palladium Price Close
Today : 731.20 Palladium Price Close 09-Sep : 737.10 Change : -5.90 or -0.8%
Gold Silver Ratio Today : 44.44 Gold Silver Ratio 09-Sep : 44.66 Change : -0.22
or 1.00% Dow Industrial : 11,509.09 Dow Industrial 09-Sep: 11,295.81 Change :
213.28 or 1.9% US Dollar Index : 76.24 US Dollar Index 09-Sep : 76.23 Change :
0.01 or 0.0% Important Note: Franklin Sanders is on vacation until the 19th of
September. Franklin's parting commentary can be viewed here :
http://silver-and-gold-prices.goldprice.org/2011/09/gold-and-silver-prices-today-proved.html
Gold and silver prices ended the week rising– September 16
Gold and silver prices made a correction to the sharp falls they have endured in
the past several days as they finished the week with sharp gains; crude oil
prices ended the week falling; natural gas spot price (Henry Hub) changed
direction and sharply declined yesterday. Here is a summary of the price
movements of precious metals and energy commodities for September 16th: Precious
Metals prices: Gold price sharply increased yesterday by 1.87% to $1,814; Silver
price also inclined by 3.37% to $40.83. During September, gold prices decreased
by 0.9% and silver price lost 2.2% of its value. The EURO to US Dollar exchange
rate also changed direction and fell yesterday by 0.58% to 1.3796 i.e. the USD
appreciated against the EURO. During September, the EURO to US Dollar declined
by 3.99%. Oil and Gas prices: WTI Spot oil price changed direction again and
declined yesterday by 1.61%; it settled at $87.96 per barrel; Brent spot price
slightly fell by 0.15% to $114.38 per barrel; during September the WTI spot oil
price slightly declined by 1.0% while Brent oil fell by 1.8%. Due to these
changes, the difference between Brent and WTI sharply inclined to $25.15/bbl.
Natural gas Henry
the past several days as they finished the week with sharp gains; crude oil
prices ended the week falling; natural gas spot price (Henry Hub) changed
direction and sharply declined yesterday. Here is a summary of the price
movements of precious metals and energy commodities for September 16th: Precious
Metals prices: Gold price sharply increased yesterday by 1.87% to $1,814; Silver
price also inclined by 3.37% to $40.83. During September, gold prices decreased
by 0.9% and silver price lost 2.2% of its value. The EURO to US Dollar exchange
rate also changed direction and fell yesterday by 0.58% to 1.3796 i.e. the USD
appreciated against the EURO. During September, the EURO to US Dollar declined
by 3.99%. Oil and Gas prices: WTI Spot oil price changed direction again and
declined yesterday by 1.61%; it settled at $87.96 per barrel; Brent spot price
slightly fell by 0.15% to $114.38 per barrel; during September the WTI spot oil
price slightly declined by 1.0% while Brent oil fell by 1.8%. Due to these
changes, the difference between Brent and WTI sharply inclined to $25.15/bbl.
Natural gas Henry
How Google Will Finally Make YouTube Profitable
In 2011, $1.65 billion is nothing to Google (NASDAQ: GOOG ). The technology
company dropped more than seven times that this year when it bought Motorola
(NYSE: MMI ) for $12.5 billion. Back in 2006, though, $1.65 billion still was a
hefty price tag, and Google paid it just to control YouTube, the video website
that changed the Web nearly as much as Googles own search engine. The thinking
was that YouTube would earn for Google like nothing else could. But it never
quite worked out that way. As recently as July, Google said it still hadnt found
a way to make YouTube a long-term revenue generator. Google CEO Larry Page said
during the companys second-quarter earnings conference call that YouTube was a
service consumers supported but, five years after the acquisition, YouTube
required more investment to be profitable. And invest it has. Google has been
working hard the past two years to transform YouTube into a video business for
the post- Netflix (NASDAQ: NFLX ), post-Facebook world. Googles latest YouTube
project is a new video editing service and its precisely whats been missing
from the site in recent years. Announced on Wednesday, Google added simple
editing tools so users can customize videos from within YouTube rather than
through other apps before uploading. Video editing might seem like a simple
addition, but it creates a bridge for users enamored with simple tools like
Apple s (NASDAQ: AAPL ) iMovie, as well as social forums like Facebook. Unlike
past video editing tools offered by Google , the new interface is clean and easy
to use, unsurprisingly borrowing the aesthetics of the companys recently opened
social network, Google+. By itself, this sort of project wont be enough to
revitalize the service but its a start on the road to finally making YouTube
worth the $1.65 billion investment. It is going to increase the number of ways
YouTube can be used as a social tool and as an entertainment tool
simultaneously. If users now can edit their own videos in YouTube instead of
just uploading them, its more incentive to use YouTube rather than uploading
those videos directly onto Facebook. If the tools are linked to and associated
with Google+, it will draw users to use Googles social network. Should Google+
see more users flock its way, Google will be able to push its streaming movie/TV
services through YouTube outside of the basic YouTube audience. This is where
other recent YouTube projects finally will find their place. In April, Google
started a pay-per-view on-demand movie service through YouTube with support from
Time Warner (NYSE: TWX ), Comcast (NASDAQ: CMCSA ), Sony (NYSE: SNE ) and Lions
Gate (NYSE: LGF ). Weeks before that, Google announced it was remodeling the
entire service, building YouTube around channels for different content to make
it more accessible on both living room televisions and mobile devices. These
changes were, on their own, counter moves to other businesses. Netflix is big,
Amazon (NASDAQ: AMZN ) is bulking up its streaming service and even Facebook is
offering on-demand rentals. Googles premium video options betrayed a company
just trying to keep up. Coupled with Google+ and social features like video
editing, however, premium video will transform YouTube into an ecosystem rather
than a website, and advertisers will see more value in the business than they
have in the past. As of this writing, Anthony John Agnello did not own a
position in any of the stocks named here. Follow him on Twitter at
company dropped more than seven times that this year when it bought Motorola
(NYSE: MMI ) for $12.5 billion. Back in 2006, though, $1.65 billion still was a
hefty price tag, and Google paid it just to control YouTube, the video website
that changed the Web nearly as much as Googles own search engine. The thinking
was that YouTube would earn for Google like nothing else could. But it never
quite worked out that way. As recently as July, Google said it still hadnt found
a way to make YouTube a long-term revenue generator. Google CEO Larry Page said
during the companys second-quarter earnings conference call that YouTube was a
service consumers supported but, five years after the acquisition, YouTube
required more investment to be profitable. And invest it has. Google has been
working hard the past two years to transform YouTube into a video business for
the post- Netflix (NASDAQ: NFLX ), post-Facebook world. Googles latest YouTube
project is a new video editing service and its precisely whats been missing
from the site in recent years. Announced on Wednesday, Google added simple
editing tools so users can customize videos from within YouTube rather than
through other apps before uploading. Video editing might seem like a simple
addition, but it creates a bridge for users enamored with simple tools like
Apple s (NASDAQ: AAPL ) iMovie, as well as social forums like Facebook. Unlike
past video editing tools offered by Google , the new interface is clean and easy
to use, unsurprisingly borrowing the aesthetics of the companys recently opened
social network, Google+. By itself, this sort of project wont be enough to
revitalize the service but its a start on the road to finally making YouTube
worth the $1.65 billion investment. It is going to increase the number of ways
YouTube can be used as a social tool and as an entertainment tool
simultaneously. If users now can edit their own videos in YouTube instead of
just uploading them, its more incentive to use YouTube rather than uploading
those videos directly onto Facebook. If the tools are linked to and associated
with Google+, it will draw users to use Googles social network. Should Google+
see more users flock its way, Google will be able to push its streaming movie/TV
services through YouTube outside of the basic YouTube audience. This is where
other recent YouTube projects finally will find their place. In April, Google
started a pay-per-view on-demand movie service through YouTube with support from
Time Warner (NYSE: TWX ), Comcast (NASDAQ: CMCSA ), Sony (NYSE: SNE ) and Lions
Gate (NYSE: LGF ). Weeks before that, Google announced it was remodeling the
entire service, building YouTube around channels for different content to make
it more accessible on both living room televisions and mobile devices. These
changes were, on their own, counter moves to other businesses. Netflix is big,
Amazon (NASDAQ: AMZN ) is bulking up its streaming service and even Facebook is
offering on-demand rentals. Googles premium video options betrayed a company
just trying to keep up. Coupled with Google+ and social features like video
editing, however, premium video will transform YouTube into an ecosystem rather
than a website, and advertisers will see more value in the business than they
have in the past. As of this writing, Anthony John Agnello did not own a
position in any of the stocks named here. Follow him on Twitter at
Top 10 Leisure Products Stocks with Highest Upside: THQI, BTN, KID, COOL, BC, GLUU, DRJ, CYOU, THO, ELY (Sep 16, 2011)
Below are the top 10 Leisure Products stocks with highest upside potential,
based on the difference between current price and Wall Street analysts average
target price. One Chinese company (CYOU) is on the list. THQ Inc. (NASDAQ:THQI)
has the 1st highest upside potential in this segment of the market. Its upside
is 158.3%. Its consensus target price is $4.68 based on the average of all
estimates. Ballantyne Strong, Inc. (AMEX:BTN) has the 2nd highest upside
potential in this segment of the market. Its upside is 142.6%. Its consensus
target price is $8.25 based on the average of all estimates. Kid Brands Inc
(NYSE:KID) has the 3rd highest upside potential in this segment of the market.
Its upside is 109.6%. Its consensus target price is $6.67 based on the average
of all estimates. Majesco Entertainment Co. (NASDAQ:COOL) has the 4th highest
upside potential in this segment of the market. Its upside is 105.5%. Its
consensus target price is $4.50 based on the average of all estimates. Brunswick
Corporation (NYSE:BC) has the 5th highest upside potential in this segment of
the market. Its upside is 101.4%. Its consensus target price is $31.00 based on
the average of all estimates. Glu Mobile Inc. (NASDAQ:GLUU) has the 6th highest
upside potential in this segment of the market. Its upside is 97.0%. Its
consensus target price is $6.50 based on the average of all estimates. Dreams,
Inc. (AMEX:DRJ) has the 7th highest upside potential in this segment of the
market. Its upside is 90.5%. Its consensus target price is $4.00 based on the
average of all estimates. Changyou.com Limited(ADR) (NASDAQ:CYOU) has the 8th
highest upside potential in this segment of the market. Its upside is 58.8%. Its
consensus target price is $54.23 based on the average of all estimates. Thor
Industries, Inc. (NYSE:THO) has the 9th highest upside potential in this segment
of the market. Its upside is 58.4%. Its consensus target price is $36.25 based
on the average of all estimates. Callaway Golf Company (NYSE:ELY) has the 10th
highest upside potential in this segment of the market. Its upside is 54.9%. Its
consensus target price is $9.00 based on the average of all estimates.
based on the difference between current price and Wall Street analysts average
target price. One Chinese company (CYOU) is on the list. THQ Inc. (NASDAQ:THQI)
has the 1st highest upside potential in this segment of the market. Its upside
is 158.3%. Its consensus target price is $4.68 based on the average of all
estimates. Ballantyne Strong, Inc. (AMEX:BTN) has the 2nd highest upside
potential in this segment of the market. Its upside is 142.6%. Its consensus
target price is $8.25 based on the average of all estimates. Kid Brands Inc
(NYSE:KID) has the 3rd highest upside potential in this segment of the market.
Its upside is 109.6%. Its consensus target price is $6.67 based on the average
of all estimates. Majesco Entertainment Co. (NASDAQ:COOL) has the 4th highest
upside potential in this segment of the market. Its upside is 105.5%. Its
consensus target price is $4.50 based on the average of all estimates. Brunswick
Corporation (NYSE:BC) has the 5th highest upside potential in this segment of
the market. Its upside is 101.4%. Its consensus target price is $31.00 based on
the average of all estimates. Glu Mobile Inc. (NASDAQ:GLUU) has the 6th highest
upside potential in this segment of the market. Its upside is 97.0%. Its
consensus target price is $6.50 based on the average of all estimates. Dreams,
Inc. (AMEX:DRJ) has the 7th highest upside potential in this segment of the
market. Its upside is 90.5%. Its consensus target price is $4.00 based on the
average of all estimates. Changyou.com Limited(ADR) (NASDAQ:CYOU) has the 8th
highest upside potential in this segment of the market. Its upside is 58.8%. Its
consensus target price is $54.23 based on the average of all estimates. Thor
Industries, Inc. (NYSE:THO) has the 9th highest upside potential in this segment
of the market. Its upside is 58.4%. Its consensus target price is $36.25 based
on the average of all estimates. Callaway Golf Company (NYSE:ELY) has the 10th
highest upside potential in this segment of the market. Its upside is 54.9%. Its
consensus target price is $9.00 based on the average of all estimates.
Google Inc. (NASDAQ:GOOG) To Launch Shopping Service
Nikkei has reported that Google Inc. (NASDAQ:GOOG) is getting ready to launch a
local shopping service in Japan. Google Inc. (NASDAQ:GOOG) To Launch Shopping
Service According to a report that appeared on Nikkei business daily, the
Japanese unit of the search major is to launch a local search service on Friday.
The newest search feature from Google Inc. (NASDAQ:GOOG) will allow users to
search for products and stores in each location. Seven retail giants have
reportedly agreed to display their products in Google Inc. (NASDAQ:GOOG) search
results. Google Inc. (NASDAQ:GOOG) shares were at 542.56 at the end of the last
days trading. Theres been a 5.8% movement in the stock price over the past 3
months. Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy
Mean recommendation: 1.21 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.26 Zacks
Rank: 13 out of 31 in the industry
local shopping service in Japan. Google Inc. (NASDAQ:GOOG) To Launch Shopping
Service According to a report that appeared on Nikkei business daily, the
Japanese unit of the search major is to launch a local search service on Friday.
The newest search feature from Google Inc. (NASDAQ:GOOG) will allow users to
search for products and stores in each location. Seven retail giants have
reportedly agreed to display their products in Google Inc. (NASDAQ:GOOG) search
results. Google Inc. (NASDAQ:GOOG) shares were at 542.56 at the end of the last
days trading. Theres been a 5.8% movement in the stock price over the past 3
months. Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy
Mean recommendation: 1.21 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.26 Zacks
Rank: 13 out of 31 in the industry
Top 10 Personal Services Stocks with Highest Upside: CPY, DL, CAST, XUE, PRSC, ATAI, AMBO, REV, GEDU, NTRI (Sep 16, 2011)
Below are the top 10 Personal Services stocks with highest upside potential,
based on the difference between current price and Wall Street analysts average
target price. Six Chinese companies (DL, CAST, XUE, ATAI, AMBO, GEDU) are on the
list. CPI Corp. (NYSE:CPY) has the 1st highest upside potential in this segment
of the market. Its upside is 197.1%. Its consensus target price is $20.20 based
on the average of all estimates. China Distance Education Hldgs Ltd (ADR)
(NYSE:DL) has the 2nd highest upside potential in this segment of the market.
Its upside is 158.5%. Its consensus target price is $6.10 based on the average
of all estimates. Chinacast Education Corporation (NASDAQ:CAST) has the 3rd
highest upside potential in this segment of the market. Its upside is 155.8%.
Its consensus target price is $11.00 based on the average of all estimates.
Xueda Education Group (ADR) (NYSE:XUE) has the 4th highest upside potential in
this segment of the market. Its upside is 118.2%. Its consensus target price is
$12.00 based on the average of all estimates. The Providence Service Corporation
(NASDAQ:PRSC) has the 5th highest upside potential in this segment of the
market. Its upside is 110.3%. Its consensus target price is $18.25 based on the
average of all estimates. ATA Inc.(ADR) (NASDAQ:ATAI) has the 6th highest upside
potential in this segment of the market. Its upside is 73.9%. Its consensus
target price is $16.00 based on the average of all estimates. Ambow Education
Holding Ltd (ADR) (NYSE:AMBO) has the 7th highest upside potential in this
segment of the market. Its upside is 73.9%. Its consensus target price is $10.90
based on the average of all estimates. Revlon, Inc. (NYSE:REV) has the 8th
highest upside potential in this segment of the market. Its upside is 67.1%. Its
consensus target price is $21.00 based on the average of all estimates. Global
Education and Technology Group (NASDAQ:GEDU) has the 9th highest upside
potential in this segment of the market. Its upside is 64.7%. Its consensus
target price is $7.00 based on the average of all estimates. NutriSystem Inc.
(NASDAQ:NTRI) has the 10th highest upside potential in this segment of the
market. Its upside is 57.2%. Its consensus target price is $19.00 based on the
average of all estimates.
based on the difference between current price and Wall Street analysts average
target price. Six Chinese companies (DL, CAST, XUE, ATAI, AMBO, GEDU) are on the
list. CPI Corp. (NYSE:CPY) has the 1st highest upside potential in this segment
of the market. Its upside is 197.1%. Its consensus target price is $20.20 based
on the average of all estimates. China Distance Education Hldgs Ltd (ADR)
(NYSE:DL) has the 2nd highest upside potential in this segment of the market.
Its upside is 158.5%. Its consensus target price is $6.10 based on the average
of all estimates. Chinacast Education Corporation (NASDAQ:CAST) has the 3rd
highest upside potential in this segment of the market. Its upside is 155.8%.
Its consensus target price is $11.00 based on the average of all estimates.
Xueda Education Group (ADR) (NYSE:XUE) has the 4th highest upside potential in
this segment of the market. Its upside is 118.2%. Its consensus target price is
$12.00 based on the average of all estimates. The Providence Service Corporation
(NASDAQ:PRSC) has the 5th highest upside potential in this segment of the
market. Its upside is 110.3%. Its consensus target price is $18.25 based on the
average of all estimates. ATA Inc.(ADR) (NASDAQ:ATAI) has the 6th highest upside
potential in this segment of the market. Its upside is 73.9%. Its consensus
target price is $16.00 based on the average of all estimates. Ambow Education
Holding Ltd (ADR) (NYSE:AMBO) has the 7th highest upside potential in this
segment of the market. Its upside is 73.9%. Its consensus target price is $10.90
based on the average of all estimates. Revlon, Inc. (NYSE:REV) has the 8th
highest upside potential in this segment of the market. Its upside is 67.1%. Its
consensus target price is $21.00 based on the average of all estimates. Global
Education and Technology Group (NASDAQ:GEDU) has the 9th highest upside
potential in this segment of the market. Its upside is 64.7%. Its consensus
target price is $7.00 based on the average of all estimates. NutriSystem Inc.
(NASDAQ:NTRI) has the 10th highest upside potential in this segment of the
market. Its upside is 57.2%. Its consensus target price is $19.00 based on the
average of all estimates.
Google Inc. (NASDAQ:GOOG) To Launch Social News App?
Google Inc. (NASDAQ:GOOG) has reportedly started working on a social news
magazine app. Google Inc. (NASDAQ:GOOG) To Launch Social News App? According to
the latest media reports, the search engine giant is preparing a social media
magazine compatible with Android devices and Apple iPhones. A tech blogger,
citing some sources, said that the upcoming app from Google Inc. (NASDAQ:GOOG)
is "mind-blowing good". Although Google Inc. (NASDAQ:GOOG) has not
officially responded to the news, AllThingsD has confirmed the reports, and said
that "Propeller" is the name of the Google Inc. (NASDAQ:GOOG) app. Google
Inc. (NASDAQ:GOOG) shares are currently standing at 542.56. Price History Last
Price: 542.56 52 Week Low / High: 473.02 / 642.96 50 Day Moving Average: 555.42
6 Month Price Change %: -4.5% 12 Month Price Change %: 10.8%
magazine app. Google Inc. (NASDAQ:GOOG) To Launch Social News App? According to
the latest media reports, the search engine giant is preparing a social media
magazine compatible with Android devices and Apple iPhones. A tech blogger,
citing some sources, said that the upcoming app from Google Inc. (NASDAQ:GOOG)
is "mind-blowing good". Although Google Inc. (NASDAQ:GOOG) has not
officially responded to the news, AllThingsD has confirmed the reports, and said
that "Propeller" is the name of the Google Inc. (NASDAQ:GOOG) app. Google
Inc. (NASDAQ:GOOG) shares are currently standing at 542.56. Price History Last
Price: 542.56 52 Week Low / High: 473.02 / 642.96 50 Day Moving Average: 555.42
6 Month Price Change %: -4.5% 12 Month Price Change %: 10.8%
9 Companies Increasing Dividends
After last week's virtual drought of company's increasing dividends, this
week we saw a bevy of high-profile firms upping their payouts. Some of the
biggest names in a variety of sectors such as technology, tobacco and food all
enhanced their relationship with shareholders. And despite a volatile stock
market, concerns over a slowdown in the U.S. economy and the fiscal woes in
Europe, many of the world's biggest companies continue spreading the wealth to
shareholders. In fact, so far this year, there have been 248 dividend increases
or dividend introductions by companies in the S&P 500, according to Standard &
Poor's. For all of last year, only 256 companies increased or introduced
dividends. So for dividend hounds, it's been a very good year indeed. Here are
nine companies increasing dividends this week. Alexandria Real Estate Equities
(NYSE: ARE ) is a real estate investment trust (REIT) that owns and operates
properties for the life sciences industry. This week, the company went into its
fiscal laboratory and mixed about a 4% dividend increase. The new dividend of 47
cents per share is payable Oct. 17 to shareholders of record as of Sept. 30. The
new dividend yield, based on the closing price on Sept. 14 of $68.14 (the day
the dividend was declared), is 2.76%. Cracker Barrel Old Country Store (NASDAQ:
CBRL ) served up a down-home plate of freshly baked dividends, upping its payout
by a tasty 14% to 25 cents per share. The new dividend will be payable on Nov. 7
to shareholders of record as of Oct. 21. The company's board also approved a
new $65 million share buyback plan. The new dividend yield, based on the Sept.
13 closing price of $40.56, is 2.47%. The dividend increase came despite a
decline in the company's fiscal fourth-quarter profits of 36%. Cracker Barrel
also provided lower-than-expected earnings outlook for the full year. Danaher
Corp. (NYSE: DHR ) makes commercial test and diagnostic instruments, and this
week it made a positive diagnosis for shareholders by increasing its dividend
payout by 25%. The new quarterly dividend of 2.5 cents per share is payable Oct.
28 to shareholders of record on Sept. 30. The new dividend yield, based on the
Sept. 13 closing stock price of $44.17, is 0.23%. DDR (NYSE: DDR ) is a REIT
that owns and manages more than 500 open-air shopping centers. Apparently,
business is good at those locations, because DDR was able to raise its quarterly
dividend by 50%. The new dividend is payable Oct. 11 to shareholders of record
on Sept, 27. The new dividend yield, based on the Sept. 14 closing stock price
of $11.40, is 2.11%. In addition to the change the company made in its dividend
this week, it also decided to shorten its official name. DDR formerly was known
as Developers Diversified Realty Corp.
week we saw a bevy of high-profile firms upping their payouts. Some of the
biggest names in a variety of sectors such as technology, tobacco and food all
enhanced their relationship with shareholders. And despite a volatile stock
market, concerns over a slowdown in the U.S. economy and the fiscal woes in
Europe, many of the world's biggest companies continue spreading the wealth to
shareholders. In fact, so far this year, there have been 248 dividend increases
or dividend introductions by companies in the S&P 500, according to Standard &
Poor's. For all of last year, only 256 companies increased or introduced
dividends. So for dividend hounds, it's been a very good year indeed. Here are
nine companies increasing dividends this week. Alexandria Real Estate Equities
(NYSE: ARE ) is a real estate investment trust (REIT) that owns and operates
properties for the life sciences industry. This week, the company went into its
fiscal laboratory and mixed about a 4% dividend increase. The new dividend of 47
cents per share is payable Oct. 17 to shareholders of record as of Sept. 30. The
new dividend yield, based on the closing price on Sept. 14 of $68.14 (the day
the dividend was declared), is 2.76%. Cracker Barrel Old Country Store (NASDAQ:
CBRL ) served up a down-home plate of freshly baked dividends, upping its payout
by a tasty 14% to 25 cents per share. The new dividend will be payable on Nov. 7
to shareholders of record as of Oct. 21. The company's board also approved a
new $65 million share buyback plan. The new dividend yield, based on the Sept.
13 closing price of $40.56, is 2.47%. The dividend increase came despite a
decline in the company's fiscal fourth-quarter profits of 36%. Cracker Barrel
also provided lower-than-expected earnings outlook for the full year. Danaher
Corp. (NYSE: DHR ) makes commercial test and diagnostic instruments, and this
week it made a positive diagnosis for shareholders by increasing its dividend
payout by 25%. The new quarterly dividend of 2.5 cents per share is payable Oct.
28 to shareholders of record on Sept. 30. The new dividend yield, based on the
Sept. 13 closing stock price of $44.17, is 0.23%. DDR (NYSE: DDR ) is a REIT
that owns and manages more than 500 open-air shopping centers. Apparently,
business is good at those locations, because DDR was able to raise its quarterly
dividend by 50%. The new dividend is payable Oct. 11 to shareholders of record
on Sept, 27. The new dividend yield, based on the Sept. 14 closing stock price
of $11.40, is 2.11%. In addition to the change the company made in its dividend
this week, it also decided to shorten its official name. DDR formerly was known
as Developers Diversified Realty Corp.
Friday Apple Rumors: iPhone 5 Pushed Back to 2012?
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Here are your Apple news items and rumors for Friday: iPhone 5 in Production Trouble, iPhone 4S Gets Prepaid Plans: While The New York Times ‘ Friday report on Apple ‘s ( NASDAQ : AAPL ) next smartphone has little new information about the device — details include that it will be announced soon and that it might include a new chip made by Qualcomm ( NASDAQ : QCOM ) — a 9 to 5 Mac follow-up report has juicier rumors . First is word that the smaller, cheaper version of the iPhone 4 — thought to be called the iPhone 4S — will be available under prepaid data and calling plans . Will Verizon’s (NYSE: VZ ) new unlimited plans support a smartphone after all? Time will tell. As for the next big upgrade, the iPhone 5 — that device might very well miss its widely rumored October release. 9 to 5 Mac ‘s sources indicate that one of Apple’s multiple production partners (Pegatron, Foxconn, among others) is having trouble manufacturing the new device. “Design and production delays” might push the new iPhone back to 2012. Analyst Tells Tim Cook How It’s Done: Tim Cook has been at the Apple wheel for only a few weeks now, and he’s already getting tips from backseat drivers. A Friday report at All Things Digital reprinted details from an open letter to Apple’s CEO written by MobileTrax analyst Gerry Purdy. Among suggestions for broadening the variety of iPhones and iPads available on shelves, Purdy suggested that Cook consider acquiring digital video recorder company TiVo ( NASDAQ : TIVO ) in an effort to expand its influence on the living room market. Considering the rumors that Apple will enter the HD television market in the near future , a purchase of TiVO seems counterproductive, to say the least. 7 out of 10 iPad Owners Love Video Games: Research firm Interpret’s new report “iPad Gamers: A Look At the Users of Gaming’s Shiny New Toy” has good news for investors that have put money into mobile game makers like Electronic Arts (NASDAQ: ERTS ). Approximately 71% of iPad owners in the United States use the device to play games , opting to use Apple’s App Store as their leisure resource rather than game consoles like Nintendo ‘s (PINK: NTDOY ) Wii. As of this writing, Anthony John Agnello did not own a position in any of the stocks named here. Follow him on Twitter at
Gold, Silver Pare Weekly Losses, XAU Snaps 5-Week Win Streak
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold and silver futures rallied Friday, but still managed to each post their third weekly loss in the last four weeks. COMEX gold futures, per the December 2011 contract, surged $33.30, or 1.9%, to settle at $1,814.70 per ounce. However, the yellow metal still closed the week in negative territory, by $44.80, or 2.4%. Silver futures for December 2011 delivery on the COMEX jumped $1.04, or 2.6%, to $40.54 per ounce on Friday, but finished the week lower by $1.08, or 2.7%. Gold and silver equities advanced alongside precious metals on Friday, with the Philadelphia Gold & Silver Index (XAU) rising 1.2% 217.74 this afternoon.
New CEO Tasked with Getting Hospira Back on Track
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Since being spun off by Abbott Laboratories (NYSE: ABT ) in 2004, Hospira (NYSE: HSP ) has more than doubled the return to investors of its former parent, 47% to 20%. But the salad days for the world's leading maker of generic injectable drugs might be coming to an end. Just last week, the company said at an investor meeting at its headquarters in Lake Forest, Ill., that sales will remain sluggish through 2014. Investors appear to have been expecting bad news. Since trading near $60 less than a year ago, Hospira shares have slid all the way to just under $40. The company issued disappointing guidance in February for 2011, and in late July, it said it expects reduced profit margins because it is spending more money to improve its manufacturing process. After the investor meeting, Raymond James analyst Jayson Bedford downgraded the stock to “outperform” from “strong buy,” his firm’s top rating. And his comments that accompanied the downgrade sounded like he's soured on the stock and the people who run the company. “We viewed the (investor day) meeting as a forum to restore investor credibility," he said in an Associated Press story. "Unfortunately, we do not believe management accomplished this goal.” The big culprit seems to be the manufacturing tribulations that have plagued company plants in North Carolina. Analysts couldn't have been too pleased to learn that it will take another 18 to 24 months to fix those problems. Last year, the company received a warning letter from the Food and Drug Administration concerning emulsion products that were used in some drugs that did not meet the FDA’s Good Manufacturing Practices. Hospira Chief Financial Officer Tom Werner agreed with an analyst who estimated the company will have to cough up about $65 million over three years on remediation. That amount translates to roughly eight to 10 cents in EPS next year alone. Ouch! Getting Hospira back on the right track is now the responsibility of CEO F. Michael Ball, who was given the job in March after 16 years at Allergan (NYSE: AGN ). In addition to getting the company's manufacturing house back in order, Ball says his other priority is to drive growth. “I didn’t come here to change the strategy of this company. I came here to take it to the next level,” Ball told Reuters . “If you look at my record, my specialty is growth.” To realize that growth, Ball said, he is looking at making acquisitions that will give Hospira a presence in emerging markets such as China and Brazil. He also wants to launch biosimilars in the United States beginning in 2013 and become one of the top three providers worldwide of these less costly alternatives to proprietary biopharmaceuticals. Last week's announcement indicates biosimilar leadership might be within Hospira's reach. The company reported positive results from a Phase I U.S. clinical trial of its erythropoietin (EPO), the blockbuster drug that Amgen ( NASDAQ : AMGN ) sells under the name Epogen. Hospira plans to begin the first Phase III trial of the drug in the United States this year. The company already sells a biosimilar EPO in Europe. Barry Cohen is long AMGN.
Todays gold price per ounce; silver price per ounce; Spot gold price per gram, Spot silver price per ounce
XCSFDHG46767FHJHJF
dow2664 Contract gold and silver prices fell into the red once again last trading session. Gold closed out at 1781.40 per troy ounce yesterday and silver closed out at 39.50 per troy ounce. Stocks were in rally mode yesterday as positive news spread regarding the support that central banks were willing to give to the fledgeling European banking system. This news sent stocks higher, but also pushed safe haven metals like gold and silver lower. Gold has been losing ground lately. The one month change status for precious metal gold is negative by .36 percent. Silver is in the same boat. The one month change status for precious metal silver is negative by .66 percent. Several hours prior to opening bell for the last trading session of the week today, stock futures were dropping into the red. They have since recovered. Spot gold and spot silver prices were climbing into the green however at this point. By the mid-day mark of the trading session today, the primary stock indices were trending in the green and gold and silver prices were bumping higher as well. Electronic price for gold contract was higher by 1.50 percent at 1808.10 per troy ounce. Electronic price for silver was higher by 2.64 percent at 40.54 per troy ounce. Spot gold and spot silver prices were higher at this point as well. Spot gold price per gram was higher by .98 at 58.16 and spot silver price per ounce was higher by 1.19 at 40.64. Camillo Zucari
Google Alert - antiques coin
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| One man's trash is another man's treasure Moose Jaw Times-Herald It could be anything from antiques and coins to war items, collectibles, instruments, comic books and hockey cards. The company is also looking for scrap gold. "Any unwanted jewelry items can be brought in and cashed in and it's a fair, standard price ... See all stories on this topic » |
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Apple Inc. (NASDAQ:AAPL) Hits Samsung In UK
Apple Inc. (NASDAQ:AAPL) has countered a Samsung lawsuit in the United Kingdom.
Apple Inc. (NASDAQ:AAPL) Hits Samsung In UK Extending the lawsuit between the
tech giants to the European courtrooms, Apple Inc. (NASDAQ:AAPL) has filed a
counter-suit against Samsung Electronics in the United Kingdom. Without
revealing further details, Apple Inc. (NASDAQ:AAPL) confirmed that it has filed
a suit against the rival at the Chancery court. It is a fact that the Mac Maker
is attempting to suspend the sales of Samsung products in many countries, but it
is facing stronger competition even amid bans on some products. Apple Inc.
(NASDAQ:AAPL) company shares are currently standing at 392.96. Price History
Last Price: 392.96 52 Week Low / High: 269.5 / 404.5 50 Day Moving Average:
377.04 6 Month Price Change %: 18.0% 12 Month Price Change %: 45.2%
Apple Inc. (NASDAQ:AAPL) Hits Samsung In UK Extending the lawsuit between the
tech giants to the European courtrooms, Apple Inc. (NASDAQ:AAPL) has filed a
counter-suit against Samsung Electronics in the United Kingdom. Without
revealing further details, Apple Inc. (NASDAQ:AAPL) confirmed that it has filed
a suit against the rival at the Chancery court. It is a fact that the Mac Maker
is attempting to suspend the sales of Samsung products in many countries, but it
is facing stronger competition even amid bans on some products. Apple Inc.
(NASDAQ:AAPL) company shares are currently standing at 392.96. Price History
Last Price: 392.96 52 Week Low / High: 269.5 / 404.5 50 Day Moving Average:
377.04 6 Month Price Change %: 18.0% 12 Month Price Change %: 45.2%
Microsoft Corporation (NASDAQ:MSFT) Upbeat On Windows Phone
The Microsoft Corporation (NASDAQ:MSFT) CEO has shown optimism over Windows
Phone sales. Microsoft Corporation (NASDAQ:MSFT) Upbeat On Windows Phone Steve
Ballmer, the chief executive officer of Microsoft Corporation (NASDAQ:MSFT),
said that he is confident about Windows Phone even though the sales are not yet
making big waves in the market. While attending a financial analyst meeting, he
said that "It was under a year ago that we launched the first Windows Phone.
We haven't sold quite as many probably as I would have hoped we would have
sold in the first year". Microsoft Corp. (NASDAQ:MSFT) stocks are currently
standing at 26.99. Price History Last Price: 26.99 52 Week Low / High: 23.65 /
29.46 50 Day Moving Average: 26.11 6 Month Price Change %: 6.9% 12 Month Price
Change %: 5.9%
Phone sales. Microsoft Corporation (NASDAQ:MSFT) Upbeat On Windows Phone Steve
Ballmer, the chief executive officer of Microsoft Corporation (NASDAQ:MSFT),
said that he is confident about Windows Phone even though the sales are not yet
making big waves in the market. While attending a financial analyst meeting, he
said that "It was under a year ago that we launched the first Windows Phone.
We haven't sold quite as many probably as I would have hoped we would have
sold in the first year". Microsoft Corp. (NASDAQ:MSFT) stocks are currently
standing at 26.99. Price History Last Price: 26.99 52 Week Low / High: 23.65 /
29.46 50 Day Moving Average: 26.11 6 Month Price Change %: 6.9% 12 Month Price
Change %: 5.9%
New CEO Tasked with Getting Hospira Back on Track
Since being spun off by Abbott Laboratories (NYSE: ABT ) in 2004, Hospira
(NYSE: HSP ) has more than doubled the return to investors of its former parent,
47% to 20%. But the salad days for the world's leading maker of generic
injectable drugs might be coming to an end. Just last week, the company said at
an investor meeting at its headquarters in Lake Forest, Ill., that sales will
remain sluggish through 2014. Investors appear to have been expecting bad news.
Since trading near $60 less than a year ago, Hospira shares have slid all the
way to just under $40. The company issued disappointing guidance in February for
2011, and in late July, it said it expects reduced profit margins because it is
spending more money to improve its manufacturing process. After the investor
meeting, Raymond James analyst Jayson Bedford downgraded the stock to outperform
from strong buy, his firms top rating. And his comments that accompanied the
downgrade sounded like he's soured on the stock and the people who run the
company. We viewed the (investor day) meeting as a forum to restore investor
credibility," he said in an Associated Press story. "Unfortunately, we do
not believe management accomplished this goal. The big culprit seems to be the
manufacturing tribulations that have plagued company plants in North Carolina.
Analysts couldn't have been too pleased to learn that it will take another 18
to 24 months to fix those problems. Last year, the company received a warning
letter from the Food and Drug Administration concerning emulsion products that
were used in some drugs that did not meet the FDAs Good Manufacturing Practices.
Hospira Chief Financial Officer Tom Werner agreed with an analyst who estimated
the company will have to cough up about $65 million over three years on
remediation. That amount translates to roughly eight to 10 cents in EPS next
year alone. Ouch! Getting Hospira back on the right track is now the
responsibility of CEO F. Michael Ball, who was given the job in March after 16
years at Allergan (NYSE: AGN ). In addition to getting the company's
manufacturing house back in order, Ball says his other priority is to drive
growth. I didnt come here to change the strategy of this company. I came here to
take it to the next level, Ball told Reuters . If you look at my record, my
specialty is growth. To realize that growth, Ball said, he is looking at making
acquisitions that will give Hospira a presence in emerging markets such as China
and Brazil. He also wants to launch biosimilars in the United States beginning
in 2013 and become one of the top three providers worldwide of these less costly
alternatives to proprietary biopharmaceuticals. Last week's announcement
indicates biosimilar leadership might be within Hospira's reach. The company
reported positive results from a Phase I U.S. clinical trial of its
erythropoietin (EPO), the blockbuster drug that Amgen (NASDAQ: AMGN ) sells
under the name Epogen. Hospira plans to begin the first Phase III trial of the
drug in the United States this year. The company already sells a biosimilar EPO
in Europe. Barry Cohen is long AMGN.
(NYSE: HSP ) has more than doubled the return to investors of its former parent,
47% to 20%. But the salad days for the world's leading maker of generic
injectable drugs might be coming to an end. Just last week, the company said at
an investor meeting at its headquarters in Lake Forest, Ill., that sales will
remain sluggish through 2014. Investors appear to have been expecting bad news.
Since trading near $60 less than a year ago, Hospira shares have slid all the
way to just under $40. The company issued disappointing guidance in February for
2011, and in late July, it said it expects reduced profit margins because it is
spending more money to improve its manufacturing process. After the investor
meeting, Raymond James analyst Jayson Bedford downgraded the stock to outperform
from strong buy, his firms top rating. And his comments that accompanied the
downgrade sounded like he's soured on the stock and the people who run the
company. We viewed the (investor day) meeting as a forum to restore investor
credibility," he said in an Associated Press story. "Unfortunately, we do
not believe management accomplished this goal. The big culprit seems to be the
manufacturing tribulations that have plagued company plants in North Carolina.
Analysts couldn't have been too pleased to learn that it will take another 18
to 24 months to fix those problems. Last year, the company received a warning
letter from the Food and Drug Administration concerning emulsion products that
were used in some drugs that did not meet the FDAs Good Manufacturing Practices.
Hospira Chief Financial Officer Tom Werner agreed with an analyst who estimated
the company will have to cough up about $65 million over three years on
remediation. That amount translates to roughly eight to 10 cents in EPS next
year alone. Ouch! Getting Hospira back on the right track is now the
responsibility of CEO F. Michael Ball, who was given the job in March after 16
years at Allergan (NYSE: AGN ). In addition to getting the company's
manufacturing house back in order, Ball says his other priority is to drive
growth. I didnt come here to change the strategy of this company. I came here to
take it to the next level, Ball told Reuters . If you look at my record, my
specialty is growth. To realize that growth, Ball said, he is looking at making
acquisitions that will give Hospira a presence in emerging markets such as China
and Brazil. He also wants to launch biosimilars in the United States beginning
in 2013 and become one of the top three providers worldwide of these less costly
alternatives to proprietary biopharmaceuticals. Last week's announcement
indicates biosimilar leadership might be within Hospira's reach. The company
reported positive results from a Phase I U.S. clinical trial of its
erythropoietin (EPO), the blockbuster drug that Amgen (NASDAQ: AMGN ) sells
under the name Epogen. Hospira plans to begin the first Phase III trial of the
drug in the United States this year. The company already sells a biosimilar EPO
in Europe. Barry Cohen is long AMGN.
It Is Time To Swap Your Gold Bars For Gold Equities Like Banro Corporation
It Is Time To Swap Your Gold Bars For Gold Equities Like Banro Corporation
Seeking Alpha - Sep 15, 2011 A few weeks ago I wrote an article for Seeking
Alpha discussing whether or not it might be an opportune time to short gold the
commodity and go long a basket of gold producers. My thinking was ...
Seeking Alpha - Sep 15, 2011 A few weeks ago I wrote an article for Seeking
Alpha discussing whether or not it might be an opportune time to short gold the
commodity and go long a basket of gold producers. My thinking was ...
Friday Apple Rumors: iPhone 5 Pushed Back to 2012?
Here are your Apple news items and rumors for Friday: iPhone 5 in Production
Trouble, iPhone 4S Gets Prepaid Plans: While The New York Times Friday report
on Apple s (NASDAQ: AAPL ) next smartphone has little new information about the
device details include that it will be announced soon and that it might include
a new chip made by Qualcomm (NASDAQ: QCOM ) a 9 to 5 Mac follow-up report has
juicier rumors . First is word that the smaller, cheaper version of the iPhone 4
thought to be called the iPhone 4S will be available under prepaid data and
calling plans . Will Verizons (NYSE: VZ ) new unlimited plans support a
smartphone after all? Time will tell. As for the next big upgrade, the iPhone 5
that device might very well miss its widely rumored October release. 9 to 5 Mac
s sources indicate that one of Apples multiple production partners (Pegatron,
Foxconn, among others) is having trouble manufacturing the new device. Design
and production delays might push the new iPhone back to 2012. Analyst Tells Tim
Cook How Its Done: Tim Cook has been at the Apple wheel for only a few weeks
now, and hes already getting tips from backseat drivers. A Friday report at All
Things Digital reprinted details from an open letter to Apples CEO written by
MobileTrax analyst Gerry Purdy. Among suggestions for broadening the variety of
iPhones and iPads available on shelves, Purdy suggested that Cook consider
acquiring digital video recorder company TiVo (NASDAQ: TIVO ) in an effort to
expand its influence on the living room market. Considering the rumors that
Apple will enter the HD television market in the near future , a purchase of
TiVO seems counterproductive, to say the least. 7 out of 10 iPad Owners Love
Video Games: Research firm Interprets new report iPad Gamers: A Look At the
Users of Gamings Shiny New Toy has good news for investors that have put money
into mobile game makers like Electronic Arts (NASDAQ: ERTS ). Approximately 71%
of iPad owners in the United States use the device to play games , opting to use
Apples App Store as their leisure resource rather than game consoles like
Nintendo s (PINK: NTDOY ) Wii. As of this writing, Anthony John Agnello did not
own a position in any of the stocks named here. Follow him on Twitter at
Trouble, iPhone 4S Gets Prepaid Plans: While The New York Times Friday report
on Apple s (NASDAQ: AAPL ) next smartphone has little new information about the
device details include that it will be announced soon and that it might include
a new chip made by Qualcomm (NASDAQ: QCOM ) a 9 to 5 Mac follow-up report has
juicier rumors . First is word that the smaller, cheaper version of the iPhone 4
thought to be called the iPhone 4S will be available under prepaid data and
calling plans . Will Verizons (NYSE: VZ ) new unlimited plans support a
smartphone after all? Time will tell. As for the next big upgrade, the iPhone 5
that device might very well miss its widely rumored October release. 9 to 5 Mac
s sources indicate that one of Apples multiple production partners (Pegatron,
Foxconn, among others) is having trouble manufacturing the new device. Design
and production delays might push the new iPhone back to 2012. Analyst Tells Tim
Cook How Its Done: Tim Cook has been at the Apple wheel for only a few weeks
now, and hes already getting tips from backseat drivers. A Friday report at All
Things Digital reprinted details from an open letter to Apples CEO written by
MobileTrax analyst Gerry Purdy. Among suggestions for broadening the variety of
iPhones and iPads available on shelves, Purdy suggested that Cook consider
acquiring digital video recorder company TiVo (NASDAQ: TIVO ) in an effort to
expand its influence on the living room market. Considering the rumors that
Apple will enter the HD television market in the near future , a purchase of
TiVO seems counterproductive, to say the least. 7 out of 10 iPad Owners Love
Video Games: Research firm Interprets new report iPad Gamers: A Look At the
Users of Gamings Shiny New Toy has good news for investors that have put money
into mobile game makers like Electronic Arts (NASDAQ: ERTS ). Approximately 71%
of iPad owners in the United States use the device to play games , opting to use
Apples App Store as their leisure resource rather than game consoles like
Nintendo s (PINK: NTDOY ) Wii. As of this writing, Anthony John Agnello did not
own a position in any of the stocks named here. Follow him on Twitter at
Gold, Silver Pare Weekly Losses, XAU Snaps 5-Week Win Streak
Gold and silver futures rallied Friday, but still managed to each post their
third weekly loss in the last four weeks. COMEX gold futures, per the December
2011 contract, surged $33.30, or 1.9%, to settle at $1,814.70 per ounce.
However, the yellow metal still closed the week in negative territory, by
$44.80, or 2.4%. Silver futures for December 2011 delivery on the COMEX jumped
$1.04, or 2.6%, to $40.54 per ounce on Friday, but finished the week lower by
$1.08, or 2.7%. Gold and silver equities advanced alongside precious metals on
Friday, with the Philadelphia Gold & Silver Index (XAU) rising 1.2% 217.74 this
afternoon.
third weekly loss in the last four weeks. COMEX gold futures, per the December
2011 contract, surged $33.30, or 1.9%, to settle at $1,814.70 per ounce.
However, the yellow metal still closed the week in negative territory, by
$44.80, or 2.4%. Silver futures for December 2011 delivery on the COMEX jumped
$1.04, or 2.6%, to $40.54 per ounce on Friday, but finished the week lower by
$1.08, or 2.7%. Gold and silver equities advanced alongside precious metals on
Friday, with the Philadelphia Gold & Silver Index (XAU) rising 1.2% 217.74 this
afternoon.
Gold Stocks (GDX) Rally, Gold Climbs Above $1,800
GOLD STOCKS NEWS Gold stocks rallied Friday as the Market Vectors Gold Miners
ETF (GDX) advanced $0.72, or 1.1%, to $63.52 per share.
ETF (GDX) advanced $0.72, or 1.1%, to $63.52 per share.
Todays DJIA Dow Jones Average Index DJX DJI, Nasdaq, S&P 500 Stock Market Investing News Money For Profit Mid-Day
The news pertaining to the collaboration of central banks filtering dollars
into the European market to help support the struggling banking system there was
positive for the global marketplace. Investors on Wall Street felt more
confident upon hearing this news and stock positions strengthened as a result.
The Dow Jones, Nasdaq, and S&P 500 all finished in the green again last session.
Stocks rallied for the fourth straight day. This morning, prior to opening bell,
stock futures were not looking so bright. According to future tracking boards at
that point, stock futures were positioned for the lower open. The Dow Jones,
Nasdaq, and S&P 500 were all posting red several hours prior to opening bell.
Through the half day of trading today, stock indices have recovered and are
green across the board. If stocks hold strong, it will be the fifth straight day
of positive trends for the U.S. stock indices. The consumer sentiment index
posted today via the University of Michigan. The initial reading came in higher
than expected. The CSI posted at 57.8 which was above last months reading of
55.7. The dollar is strengthening today and gold futures are jumping. As the
halfway point in the trading session approaches, the Dow Jones is higher by .41
percent at 11,480. The Nasdaq is higher by .35 percent at 2,616 and the S&P 500
is higher by .26 percent at 1,212. Frank Matto
into the European market to help support the struggling banking system there was
positive for the global marketplace. Investors on Wall Street felt more
confident upon hearing this news and stock positions strengthened as a result.
The Dow Jones, Nasdaq, and S&P 500 all finished in the green again last session.
Stocks rallied for the fourth straight day. This morning, prior to opening bell,
stock futures were not looking so bright. According to future tracking boards at
that point, stock futures were positioned for the lower open. The Dow Jones,
Nasdaq, and S&P 500 were all posting red several hours prior to opening bell.
Through the half day of trading today, stock indices have recovered and are
green across the board. If stocks hold strong, it will be the fifth straight day
of positive trends for the U.S. stock indices. The consumer sentiment index
posted today via the University of Michigan. The initial reading came in higher
than expected. The CSI posted at 57.8 which was above last months reading of
55.7. The dollar is strengthening today and gold futures are jumping. As the
halfway point in the trading session approaches, the Dow Jones is higher by .41
percent at 11,480. The Nasdaq is higher by .35 percent at 2,616 and the S&P 500
is higher by .26 percent at 1,212. Frank Matto
Todays gold price per ounce; silver price per ounce; Spot gold price per gram, Spot silver price per ounce
Contract gold and silver prices fell into the red once again last trading
session. Gold closed out at 1781.40 per troy ounce yesterday and silver closed
out at 39.50 per troy ounce. Stocks were in rally mode yesterday as positive
news spread regarding the support that central banks were willing to give to the
fledgeling European banking system. This news sent stocks higher, but also
pushed safe haven metals like gold and silver lower. Gold has been losing ground
lately. The one month change status for precious metal gold is negative by .36
percent. Silver is in the same boat. The one month change status for precious
metal silver is negative by .66 percent. Several hours prior to opening bell for
the last trading session of the week today, stock futures were dropping into the
red. They have since recovered. Spot gold and spot silver prices were climbing
into the green however at this point. By the mid-day mark of the trading session
today, the primary stock indices were trending in the green and gold and silver
prices were bumping higher as well. Electronic price for gold contract was
higher by 1.50 percent at 1808.10 per troy ounce. Electronic price for silver
was higher by 2.64 percent at 40.54 per troy ounce. Spot gold and spot silver
prices were higher at this point as well. Spot gold price per gram was higher by
.98 at 58.16 and spot silver price per ounce was higher by 1.19 at 40.64.
Camillo Zucari
session. Gold closed out at 1781.40 per troy ounce yesterday and silver closed
out at 39.50 per troy ounce. Stocks were in rally mode yesterday as positive
news spread regarding the support that central banks were willing to give to the
fledgeling European banking system. This news sent stocks higher, but also
pushed safe haven metals like gold and silver lower. Gold has been losing ground
lately. The one month change status for precious metal gold is negative by .36
percent. Silver is in the same boat. The one month change status for precious
metal silver is negative by .66 percent. Several hours prior to opening bell for
the last trading session of the week today, stock futures were dropping into the
red. They have since recovered. Spot gold and spot silver prices were climbing
into the green however at this point. By the mid-day mark of the trading session
today, the primary stock indices were trending in the green and gold and silver
prices were bumping higher as well. Electronic price for gold contract was
higher by 1.50 percent at 1808.10 per troy ounce. Electronic price for silver
was higher by 2.64 percent at 40.54 per troy ounce. Spot gold and spot silver
prices were higher at this point as well. Spot gold price per gram was higher by
.98 at 58.16 and spot silver price per ounce was higher by 1.19 at 40.64.
Camillo Zucari
Gold Price Steady, Euro Meeting in Focus
GOLD PRICE NEWS – The gold price held steady near $1,790 per ounce Friday
morning as markets await the outcome of a meeting among euro zone finance
ministers in Poland.
morning as markets await the outcome of a meeting among euro zone finance
ministers in Poland.
Top 10 Home Building/Services Stocks with Highest Upside: MHO, XIN, NTZ, HXM, FBN, STLY, LBY, DEER, BZH, DXYN (Sep 16, 2011)
Below are the top 10 Home Building/Services stocks with highest upside
potential, based on the difference between current price and Wall Street
analysts average target price. Two Chinese companies (XIN, DEER) are on the
list. M/I Homes, Inc. (NYSE:MHO) has the 1st highest upside potential in this
segment of the market. Its upside is 202.2%. Its consensus target price is
$23.00 based on the average of all estimates. Xinyuan Real Estate Co., Ltd.
(ADR) (NYSE:XIN) has the 2nd highest upside potential in this segment of the
market. Its upside is 187.6%. Its consensus target price is $6.50 based on the
average of all estimates. Natuzzi, S.p.A (ADR) (NYSE:NTZ) has the 3rd highest
upside potential in this segment of the market. Its upside is 133.0%. Its
consensus target price is $6.50 based on the average of all estimates. Homex
Development Corp. (ADR) (NYSE:HXM) has the 4th highest upside potential in this
segment of the market. Its upside is 116.6%. Its consensus target price is
$39.10 based on the average of all estimates. Furniture Brands International,
Inc. (NYSE:FBN) has the 5th highest upside potential in this segment of the
market. Its upside is 112.2%. Its consensus target price is $5.75 based on the
average of all estimates. Stanley Furniture Co. (NASDAQ:STLY) has the 6th
highest upside potential in this segment of the market. Its upside is 111.5%.
Its consensus target price is $7.00 based on the average of all estimates.
Libbey Inc. (AMEX:LBY) has the 7th highest upside potential in this segment of
the market. Its upside is 109.6%. Its consensus target price is $24.33 based on
the average of all estimates. Deer Consumer Products, Inc. (NASDAQ:DEER) has the
8th highest upside potential in this segment of the market. Its upside is
106.1%. Its consensus target price is $9.50 based on the average of all
estimates. Beazer Homes USA, Inc. (NYSE:BZH) has the 9th highest upside
potential in this segment of the market. Its upside is 103.8%. Its consensus
target price is $3.71 based on the average of all estimates. The Dixie Group,
Inc. (NASDAQ:DXYN) has the 10th highest upside potential in this segment of the
market. Its upside is 81.8%. Its consensus target price is $6.00 based on the
average of all estimates.
potential, based on the difference between current price and Wall Street
analysts average target price. Two Chinese companies (XIN, DEER) are on the
list. M/I Homes, Inc. (NYSE:MHO) has the 1st highest upside potential in this
segment of the market. Its upside is 202.2%. Its consensus target price is
$23.00 based on the average of all estimates. Xinyuan Real Estate Co., Ltd.
(ADR) (NYSE:XIN) has the 2nd highest upside potential in this segment of the
market. Its upside is 187.6%. Its consensus target price is $6.50 based on the
average of all estimates. Natuzzi, S.p.A (ADR) (NYSE:NTZ) has the 3rd highest
upside potential in this segment of the market. Its upside is 133.0%. Its
consensus target price is $6.50 based on the average of all estimates. Homex
Development Corp. (ADR) (NYSE:HXM) has the 4th highest upside potential in this
segment of the market. Its upside is 116.6%. Its consensus target price is
$39.10 based on the average of all estimates. Furniture Brands International,
Inc. (NYSE:FBN) has the 5th highest upside potential in this segment of the
market. Its upside is 112.2%. Its consensus target price is $5.75 based on the
average of all estimates. Stanley Furniture Co. (NASDAQ:STLY) has the 6th
highest upside potential in this segment of the market. Its upside is 111.5%.
Its consensus target price is $7.00 based on the average of all estimates.
Libbey Inc. (AMEX:LBY) has the 7th highest upside potential in this segment of
the market. Its upside is 109.6%. Its consensus target price is $24.33 based on
the average of all estimates. Deer Consumer Products, Inc. (NASDAQ:DEER) has the
8th highest upside potential in this segment of the market. Its upside is
106.1%. Its consensus target price is $9.50 based on the average of all
estimates. Beazer Homes USA, Inc. (NYSE:BZH) has the 9th highest upside
potential in this segment of the market. Its upside is 103.8%. Its consensus
target price is $3.71 based on the average of all estimates. The Dixie Group,
Inc. (NASDAQ:DXYN) has the 10th highest upside potential in this segment of the
market. Its upside is 81.8%. Its consensus target price is $6.00 based on the
average of all estimates.
HSBC Lifts Gold Forecasts, Sees $2,025 in 2012
HSBC was the latest investment bank to raise its gold price forecasts and is
now calling for gold to reach $2,025 per ounce in 2012. In the firms report,
HSBC analyst James Steel wrote that Despite golds high volatility and wide price
swings, we remain positive on bullion.
now calling for gold to reach $2,025 per ounce in 2012. In the firms report,
HSBC analyst James Steel wrote that Despite golds high volatility and wide price
swings, we remain positive on bullion.
Can IPOs Find Their Groove?
The last IPO to price was on Aug. 16. The company was Tudou (NASDAQ: TUDO ),
which is the No. 2 online video site in China. It priced its offering at $29,
which was in the middle of the proposed $28-$30 range. Now, the stock price is
at $23.98. True, the deal might not be a good gauge of investor sentiment. After
all, there is much skepticism about Chinese deals, especially with the concerns
about alleged accounting shenanigans. Can these stocks really be trusted? After
all, this year has seen a variety of high-profile scandals. Consider that top
investors like John Paulson have lost hundreds of millions on these stocks. But
even if the Tudou offering is an outlier, theres certainly many U.S.
transactions that have experienced rough times. Just look at Pandora (NYSE: P ),
the online music provider. Coming public in June, its stock price has gone from
$26 to $10.30. While the company is growing at a rapid rate, the competition has
been heating up. In fact, according to a report from Dealogic, nearly two-thirds
of all 2011 IPOs are trading below their offering prices. These include
Skullcandy (NASDAQ: SKUL ), DemandMedia (NYSE: DMD ) and Renren (NASDAQ: RENN ).
Yet not all IPOs are equal. Actually, there are some big winners in the market.
Then again, the companies have been growing quickly and have shown
profitability. One example is Zillow (NASDAQ: Z ). Yes, in light of the horrible
residential real estate market, it seems almost impossible to see how this
company can succeed. But because of its mega-brand, mobile apps and rich
database, it continues to grow at a rapid clip. In the latest quarter,
Zillow's revenues spiked 116% to $15.8 million, and it even had a $1.6 million
profit. No doubt, this is the kind of stuff growth investors crave. As a result,
the stock price has soared. Since coming public in mid-July at $20, the share
price now is at $30. In other words, if IPO investors are focused on profits
which does make a lot of sense this does not bode well for companies like
Groupon, as well as a variety of dot-coms that have filed for offerings
recently. For example, Dealogic has reported that 215 companies have withdrawn
their IPOs this year 214 did so in 2008. So for the remainder of the year,
there might not be much action in the IPO market that is, except for standout
companies like Zynga. Tom Taulli is the author of "All About Short Selling"
and "All About Commodities." You can also find him at Twitter account
@ttaulli. He does not own a position in any of the stocks named here.
which is the No. 2 online video site in China. It priced its offering at $29,
which was in the middle of the proposed $28-$30 range. Now, the stock price is
at $23.98. True, the deal might not be a good gauge of investor sentiment. After
all, there is much skepticism about Chinese deals, especially with the concerns
about alleged accounting shenanigans. Can these stocks really be trusted? After
all, this year has seen a variety of high-profile scandals. Consider that top
investors like John Paulson have lost hundreds of millions on these stocks. But
even if the Tudou offering is an outlier, theres certainly many U.S.
transactions that have experienced rough times. Just look at Pandora (NYSE: P ),
the online music provider. Coming public in June, its stock price has gone from
$26 to $10.30. While the company is growing at a rapid rate, the competition has
been heating up. In fact, according to a report from Dealogic, nearly two-thirds
of all 2011 IPOs are trading below their offering prices. These include
Skullcandy (NASDAQ: SKUL ), DemandMedia (NYSE: DMD ) and Renren (NASDAQ: RENN ).
Yet not all IPOs are equal. Actually, there are some big winners in the market.
Then again, the companies have been growing quickly and have shown
profitability. One example is Zillow (NASDAQ: Z ). Yes, in light of the horrible
residential real estate market, it seems almost impossible to see how this
company can succeed. But because of its mega-brand, mobile apps and rich
database, it continues to grow at a rapid clip. In the latest quarter,
Zillow's revenues spiked 116% to $15.8 million, and it even had a $1.6 million
profit. No doubt, this is the kind of stuff growth investors crave. As a result,
the stock price has soared. Since coming public in mid-July at $20, the share
price now is at $30. In other words, if IPO investors are focused on profits
which does make a lot of sense this does not bode well for companies like
Groupon, as well as a variety of dot-coms that have filed for offerings
recently. For example, Dealogic has reported that 215 companies have withdrawn
their IPOs this year 214 did so in 2008. So for the remainder of the year,
there might not be much action in the IPO market that is, except for standout
companies like Zynga. Tom Taulli is the author of "All About Short Selling"
and "All About Commodities." You can also find him at Twitter account
@ttaulli. He does not own a position in any of the stocks named here.
Royal Gold (RGLD) Not As Shiny at HSBC
Royal Gold (RGLD) Not As Shiny at HSBC Financial News Network Online - 1 hour
ago By FNNO Staff in News corner, RGLD, news corner Royal Gold (NASDAQ:RGLD)
downgraded to Neutral from Overweight at HSBC. The stock closed yesterday at
$80.23 on volume of 1,134,200 shares, above ...
ago By FNNO Staff in News corner, RGLD, news corner Royal Gold (NASDAQ:RGLD)
downgraded to Neutral from Overweight at HSBC. The stock closed yesterday at
$80.23 on volume of 1,134,200 shares, above ...
BAE Systems plc (LON:BA) Sells Ceramics Units
XCSFDHG46767FHJHJF
tdp2664 E money daily BAE Systems plc (LON:BA) has sold its advanced ceramics units in Vista, California. BAE Systems plc (LON:BA) Sells Ceramics Units Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full BA chart at Wikinvest The UK based defense contract giant BAE Systems plc (LON:BA) has sold its three Advanced Ceramics facilities in Vista to the world’s largest technical ceramics manufacturer CoorsTek. However, the financial terms of the deal were not disclosed yet. Frank Pope, president of Land & Armaments at BAE Systems plc (LON:BA) said, "We believe this sale will better position the Vista business to realize its potential in the advanced ceramics market." BAE Systems plc (LON:BA) company shares stood at 279.9 at the end of the last trading session (last trade 12:34). Price History Last Price: 279.9 52 Week Range: 241.00- 429.10 Last Vol: 6697088 3 Month Vol: 9938780
Randgold Resources (GOLD) Shares Given New $165.00 Price Target by HSBC (HBC) Analysts
XCSFDHG46767FHJHJF
gol2664 Negocioenlinea Randgold Resources ( GOLD ) Shares Given New $165.00 Price Target by HSBC (HBC) Analysts LocalizedUSA – 1 hour ago Equities research analysts at HSBC (NYSE: HBC) raised their price target on shares of Randgold Resources ( NASDAQ : GOLD ) from $120.00 to $165.00 in a research issued note to investors on Friday …
Royal Bank of Scotland Group plc (LON:RBS) Gets New Transactions Chief
XCSFDHG46767FHJHJF
tdp2664 E money daily Royal Bank of Scotland Group plc (LON:RBS) has named Neal Livingston as the head of Global Transaction Services in the EMEA region. Royal Bank of Scotland Group plc (LON:RBS) Gets New Transactions Chief Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full RBS chart at Wikinvest The British government owned bank Royal Bank of Scotland Group plc (LON:RBS) has appointed Neal Livingston as the head of its Global Transaction Services in the EMEA region. Neal, who has more than 25 years of experience in the banking field, will report to GTS chief executive Scott Barton. Scott Barton said in a statement, “Neal’s extensive experience in transaction banking and in-depth understanding of our client’s needs, makes him an invaluable addition to the team. EMEA is a key market for GTS and one where we see significant opportunities”. Royal Bank of Scotland Group plc (LON:RBS) company shares stood at 24.88 at the end of the last trading session (last trade 12:35). Price History Last Price: 24.88 52 Week Range: 19.60- 50.20 Last Vol: 64316472 3 Month Vol: 112950000
Google, General Electric, Apple Stock Quotes; Goog, GE, Appl Shares go Green; Stock Market Investing News Today
XCSFDHG46767FHJHJF
dow2664 Stocks have been in rally mode as the market continues to post positive numbers this week. Last trading session closed out in the green again as the positive news filtering through to Wall Street pertained to the central banks collaborating to help support financial stability in the European banking system. This obviously helped to push market indicators higher in the eurozone and the positive action there bubbled over into the U.S. trading session. The primary indices in the U.S. closed out in the green once again. The Dow Jones , Nasdaq , and S&P 500 all finished on healthy ground. The DJIA closed out the session higher by over 185 points at 11,433.18. The positive index movement means that many individual shares moved in positive territory last session. General Electric closed out green. Google closed out green. Apple Inc closed green as well. The positive rally was broad. General Electric closed out the last session higher by 1.84 percent at 16.08. Friday’s pre-market action prior to opening bell for GE was red though. Google closed out the day higher by 1.97 percent at 542.56. Apple closed out the session higher by .94 percent at 392.96. AAPL pre-market action prior to opening bell this morning was red as well. Frank Matto
Should You Buy the Dow — Bank of America
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Today we’ll look at Bank of America (NYSE: BAC ), the financial services behemoth that has been the source of much controversy lately. Besides banking and credit cards, its Home Loans & Insurance segment offers consumer real estate products and services, and provides property, disability and credit insurance. The Global Commercial Banking segment offers lending products, including commercial loans and commitment facilities, real estate lending, leasing, trade finance, short-term credit, asset-based lending and indirect consumer loans; and capital management and treasury solutions, such as treasury management, foreign exchange and short-term investing options. Its Global Banking & Markets segment provides financial products, advisory services, settlement and custody services; debt and equity underwriting and distribution, merger-related advisory services, risk management products, and integrated working capital management and treasury solutions. The company's Global Wealth & Investment Management segment offers investment and brokerage services, estate management, financial planning services, fiduciary management, credit and banking expertise and asset management products. The key driving factor behind Bank of America is its mortgage issues. Simply put, there is too much uncertainty surrounding its toxic mortgage holdings, along with whatever surprises are hiding in the Countrywide purchase. On top of this, the government is suing the bank along with 16 others for its role in the mortgage debacle. The kicker, though, is that Warren Buffett was convinced to invest $5 billion in the bank. If BofA didn't need that money, why is it taking it? Because somebody somewhere didn't like the company's liquidity situation and asked Buffett to step in. The company also just fired some top management and is about to cut 30,000 jobs. This is a company in trouble. Normally, this is the part of the article where I'd delve into financials. But Bank of America's financials are so complex — and there is so much that might be hidden — that it's a waste of time. There are so many other banks and financial services companies that are not in this kind of trouble, and in fact are extremely healthy, that it makes no sense to even consider Bank of America a viable candidate at this time. Conclusion I suppose if you are a speculative investor and think BofA will experience a big turnaround, you could drop some money into the stock and hope for a good outcome. But this series isn't about making speculative investments. Therefore: I believe Bank of America is a sell for regular accounts. I believe Bank of America is a sell for retirement accounts. Lawrence Meyers does not own shares of Bank of America.
Randgold Resources (GOLD) Shares Given New $165.00 Price Target by HSBC (HBC) Analysts
Randgold Resources (GOLD) Shares Given New $165.00 Price Target by HSBC (HBC)
Analysts LocalizedUSA - 1 hour ago Equities research analysts at HSBC (NYSE:
HBC) raised their price target on shares of Randgold Resources (NASDAQ: GOLD)
from $120.00 to $165.00 in a research issued note to investors on Friday ...
Analysts LocalizedUSA - 1 hour ago Equities research analysts at HSBC (NYSE:
HBC) raised their price target on shares of Randgold Resources (NASDAQ: GOLD)
from $120.00 to $165.00 in a research issued note to investors on Friday ...
Google, General Electric, Apple Stock Quotes; Goog, GE, Appl Shares go Green; Stock Market Investing News Today
Stocks have been in rally mode as the market continues to post positive numbers
this week. Last trading session closed out in the green again as the positive
news filtering through to Wall Street pertained to the central banks
collaborating to help support financial stability in the European banking
system. This obviously helped to push market indicators higher in the eurozone
and the positive action there bubbled over into the U.S. trading session. The
primary indices in the U.S. closed out in the green once again. The Dow Jones,
Nasdaq, and S&P 500 all finished on healthy ground. The DJIA closed out the
session higher by over 185 points at 11,433.18. The positive index movement
means that many individual shares moved in positive territory last session.
General Electric closed out green. Google closed out green. Apple Inc closed
green as well. The positive rally was broad. General Electric closed out the
last session higher by 1.84 percent at 16.08. Fridays pre-market action prior to
opening bell for GE was red though. Google closed out the day higher by 1.97
percent at 542.56. Apple closed out the session higher by .94 percent at 392.96.
AAPL pre-market action prior to opening bell this morning was red as well. Frank
Matto
this week. Last trading session closed out in the green again as the positive
news filtering through to Wall Street pertained to the central banks
collaborating to help support financial stability in the European banking
system. This obviously helped to push market indicators higher in the eurozone
and the positive action there bubbled over into the U.S. trading session. The
primary indices in the U.S. closed out in the green once again. The Dow Jones,
Nasdaq, and S&P 500 all finished on healthy ground. The DJIA closed out the
session higher by over 185 points at 11,433.18. The positive index movement
means that many individual shares moved in positive territory last session.
General Electric closed out green. Google closed out green. Apple Inc closed
green as well. The positive rally was broad. General Electric closed out the
last session higher by 1.84 percent at 16.08. Fridays pre-market action prior to
opening bell for GE was red though. Google closed out the day higher by 1.97
percent at 542.56. Apple closed out the session higher by .94 percent at 392.96.
AAPL pre-market action prior to opening bell this morning was red as well. Frank
Matto
Top 10 Focus Stocks of The Day: JAKK, GLCH, CWTR, ICAD, BSFT, GURE, MKTG, HTZ, EGLE, NBG (Sep 15, 2011)
Below are todays top 10 focus stocks. These momentum stocks are attracting a
lot of interest from traders. One Chinese company (GURE) is on the list. JAKKS
Pacific, Inc. (NASDAQ:JAKK) is todays 1st best focus stock. Its daily price
change was 22.3% in the previous trading session. Its upside potential is 19%
based on brokerage analysts average target price of $23 on the stock. It is
rated positively by 44% of the 9 analyst(s) covering it. Its long-term annual
earnings growth is 15% based on analysts average estimate. Gleacher & Company,
Inc. (NASDAQ:GLCH) is todays 2nd best focus stock. Its daily price change was
20.8% in the previous trading session. Its upside potential is 121% based on
brokerage analysts average target price of $3 on the stock. It is rated
positively by 50% of the 4 analyst(s) covering it. Its long-term annual earnings
growth is 16% based on analysts average estimate. Coldwater Creek Inc.
(NASDAQ:CWTR) is todays 3rd best focus stock. Its daily price change was 20.4%
in the previous trading session. Its upside potential is 7% based on brokerage
analysts average target price of $2 on the stock. It is rated positively by 0%
of the 3 analyst(s) covering it. Its long-term annual earnings growth is 3%
based on analysts average estimate. iCAD, INC. (NASDAQ:ICAD) is todays 4th best
focus stock. Its daily price change was 20.3% in the previous trading session.
Its upside potential is 182% based on brokerage analysts average target price of
$2 on the stock. It is rated positively by 100% of the 2 analyst(s) covering it.
Its long-term annual earnings growth is 15% based on analysts average estimate.
BroadSoft Inc (NASDAQ:BSFT) is todays 5th best focus stock. Its daily price
change was 13.7% in the previous trading session. Its upside potential is 17%
based on brokerage analysts average target price of $38 on the stock. It is
rated positively by 83% of the 6 analyst(s) covering it. Its long-term annual
earnings growth is 30% based on analysts average estimate. Gulf Resources, Inc.
(NASDAQ:GURE) is todays 6th best focus stock. Its daily price change was 13.7%
in the previous trading session. Its upside potential is 462% based on brokerage
analysts average target price of $15 on the stock. It is rated positively by
100% of the 1 analyst(s) covering it. Its long-term annual earnings growth is
19% based on analysts average estimate. Responsys Inc (NASDAQ:MKTG) is todays
7th best focus stock. Its daily price change was 13.7% in the previous trading
session. Its upside potential is 50% based on brokerage analysts average target
price of $21 on the stock. It is rated positively by 75% of the 4 analyst(s)
covering it. Its long-term annual earnings growth is 25% based on analysts
average estimate. Hertz Global Holdings, Inc. (NYSE:HTZ) is todays 8th best
focus stock. Its daily price change was 13.5% in the previous trading session.
Its upside potential is 83% based on brokerage analysts average target price of
$21 on the stock. It is rated positively by 100% of the 6 analyst(s) covering
it. Its long-term annual earnings growth is 13% based on analysts average
estimate. Eagle Bulk Shipping Inc. (NASDAQ:EGLE) is todays 9th best focus stock.
Its daily price change was 13.5% in the previous trading session. Its upside
potential is -4% based on brokerage analysts average target price of $2 on the
stock. It is rated positively by 6% of the 16 analyst(s) covering it. Its
long-term annual earnings growth is 8% based on analysts average estimate.
National Bank of Greece (ADR) (NYSE:NBG) is todays 10th best focus stock. Its
daily price change was 13.4% in the previous trading session. Its upside
potential is 115% based on brokerage analysts average target price of $2 on the
stock. It is rated positively by 0% of the 2 analyst(s) covering it. Its
long-term annual earnings growth is 29% based on analysts average estimate.
lot of interest from traders. One Chinese company (GURE) is on the list. JAKKS
Pacific, Inc. (NASDAQ:JAKK) is todays 1st best focus stock. Its daily price
change was 22.3% in the previous trading session. Its upside potential is 19%
based on brokerage analysts average target price of $23 on the stock. It is
rated positively by 44% of the 9 analyst(s) covering it. Its long-term annual
earnings growth is 15% based on analysts average estimate. Gleacher & Company,
Inc. (NASDAQ:GLCH) is todays 2nd best focus stock. Its daily price change was
20.8% in the previous trading session. Its upside potential is 121% based on
brokerage analysts average target price of $3 on the stock. It is rated
positively by 50% of the 4 analyst(s) covering it. Its long-term annual earnings
growth is 16% based on analysts average estimate. Coldwater Creek Inc.
(NASDAQ:CWTR) is todays 3rd best focus stock. Its daily price change was 20.4%
in the previous trading session. Its upside potential is 7% based on brokerage
analysts average target price of $2 on the stock. It is rated positively by 0%
of the 3 analyst(s) covering it. Its long-term annual earnings growth is 3%
based on analysts average estimate. iCAD, INC. (NASDAQ:ICAD) is todays 4th best
focus stock. Its daily price change was 20.3% in the previous trading session.
Its upside potential is 182% based on brokerage analysts average target price of
$2 on the stock. It is rated positively by 100% of the 2 analyst(s) covering it.
Its long-term annual earnings growth is 15% based on analysts average estimate.
BroadSoft Inc (NASDAQ:BSFT) is todays 5th best focus stock. Its daily price
change was 13.7% in the previous trading session. Its upside potential is 17%
based on brokerage analysts average target price of $38 on the stock. It is
rated positively by 83% of the 6 analyst(s) covering it. Its long-term annual
earnings growth is 30% based on analysts average estimate. Gulf Resources, Inc.
(NASDAQ:GURE) is todays 6th best focus stock. Its daily price change was 13.7%
in the previous trading session. Its upside potential is 462% based on brokerage
analysts average target price of $15 on the stock. It is rated positively by
100% of the 1 analyst(s) covering it. Its long-term annual earnings growth is
19% based on analysts average estimate. Responsys Inc (NASDAQ:MKTG) is todays
7th best focus stock. Its daily price change was 13.7% in the previous trading
session. Its upside potential is 50% based on brokerage analysts average target
price of $21 on the stock. It is rated positively by 75% of the 4 analyst(s)
covering it. Its long-term annual earnings growth is 25% based on analysts
average estimate. Hertz Global Holdings, Inc. (NYSE:HTZ) is todays 8th best
focus stock. Its daily price change was 13.5% in the previous trading session.
Its upside potential is 83% based on brokerage analysts average target price of
$21 on the stock. It is rated positively by 100% of the 6 analyst(s) covering
it. Its long-term annual earnings growth is 13% based on analysts average
estimate. Eagle Bulk Shipping Inc. (NASDAQ:EGLE) is todays 9th best focus stock.
Its daily price change was 13.5% in the previous trading session. Its upside
potential is -4% based on brokerage analysts average target price of $2 on the
stock. It is rated positively by 6% of the 16 analyst(s) covering it. Its
long-term annual earnings growth is 8% based on analysts average estimate.
National Bank of Greece (ADR) (NYSE:NBG) is todays 10th best focus stock. Its
daily price change was 13.4% in the previous trading session. Its upside
potential is 115% based on brokerage analysts average target price of $2 on the
stock. It is rated positively by 0% of the 2 analyst(s) covering it. Its
long-term annual earnings growth is 29% based on analysts average estimate.
Should You Buy the Dow — Bank of America
Today well look at Bank of America (NYSE: BAC ), the financial services
behemoth that has been the source of much controversy lately. Besides banking
and credit cards, its Home Loans & Insurance segment offers consumer real estate
products and services, and provides property, disability and credit insurance.
The Global Commercial Banking segment offers lending products, including
commercial loans and commitment facilities, real estate lending, leasing, trade
finance, short-term credit, asset-based lending and indirect consumer loans; and
capital management and treasury solutions, such as treasury management, foreign
exchange and short-term investing options. Its Global Banking & Markets segment
provides financial products, advisory services, settlement and custody services;
debt and equity underwriting and distribution, merger-related advisory services,
risk management products, and integrated working capital management and treasury
solutions. The company's Global Wealth & Investment Management segment offers
investment and brokerage services, estate management, financial planning
services, fiduciary management, credit and banking expertise and asset
management products. The key driving factor behind Bank of America is its
mortgage issues. Simply put, there is too much uncertainty surrounding its toxic
mortgage holdings, along with whatever surprises are hiding in the Countrywide
purchase. On top of this, the government is suing the bank along with 16 others
for its role in the mortgage debacle. The kicker, though, is that Warren Buffett
was convinced to invest $5 billion in the bank. If BofA didn't need that
money, why is it taking it? Because somebody somewhere didn't like the
company's liquidity situation and asked Buffett to step in. The company also
just fired some top management and is about to cut 30,000 jobs. This is a
company in trouble. Normally, this is the part of the article where I'd delve
into financials. But Bank of America's financials are so complex and there is
so much that might be hidden that it's a waste of time. There are so many
other banks and financial services companies that are not in this kind of
trouble, and in fact are extremely healthy, that it makes no sense to even
consider Bank of America a viable candidate at this time. Conclusion I suppose
if you are a speculative investor and think BofA will experience a big
turnaround, you could drop some money into the stock and hope for a good
outcome. But this series isn't about making speculative investments.
Therefore: I believe Bank of America is a sell for regular accounts. I believe
Bank of America is a sell for retirement accounts. Lawrence Meyers does not own
shares of Bank of America.
behemoth that has been the source of much controversy lately. Besides banking
and credit cards, its Home Loans & Insurance segment offers consumer real estate
products and services, and provides property, disability and credit insurance.
The Global Commercial Banking segment offers lending products, including
commercial loans and commitment facilities, real estate lending, leasing, trade
finance, short-term credit, asset-based lending and indirect consumer loans; and
capital management and treasury solutions, such as treasury management, foreign
exchange and short-term investing options. Its Global Banking & Markets segment
provides financial products, advisory services, settlement and custody services;
debt and equity underwriting and distribution, merger-related advisory services,
risk management products, and integrated working capital management and treasury
solutions. The company's Global Wealth & Investment Management segment offers
investment and brokerage services, estate management, financial planning
services, fiduciary management, credit and banking expertise and asset
management products. The key driving factor behind Bank of America is its
mortgage issues. Simply put, there is too much uncertainty surrounding its toxic
mortgage holdings, along with whatever surprises are hiding in the Countrywide
purchase. On top of this, the government is suing the bank along with 16 others
for its role in the mortgage debacle. The kicker, though, is that Warren Buffett
was convinced to invest $5 billion in the bank. If BofA didn't need that
money, why is it taking it? Because somebody somewhere didn't like the
company's liquidity situation and asked Buffett to step in. The company also
just fired some top management and is about to cut 30,000 jobs. This is a
company in trouble. Normally, this is the part of the article where I'd delve
into financials. But Bank of America's financials are so complex and there is
so much that might be hidden that it's a waste of time. There are so many
other banks and financial services companies that are not in this kind of
trouble, and in fact are extremely healthy, that it makes no sense to even
consider Bank of America a viable candidate at this time. Conclusion I suppose
if you are a speculative investor and think BofA will experience a big
turnaround, you could drop some money into the stock and hope for a good
outcome. But this series isn't about making speculative investments.
Therefore: I believe Bank of America is a sell for regular accounts. I believe
Bank of America is a sell for retirement accounts. Lawrence Meyers does not own
shares of Bank of America.
Charts Say It’s Time to Sell
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Yesterday's triple-digit advance by the Dow Jones Industrial Average was again the result of a focus onEurope. And whether here or there, the story is that you just can't fight central banks when they decide to flood their systems with U.S. dollars. On this side of the pond, weekly jobless claims rose above expectations and regional manufacturing missed the mark (Empire State Manufacturing Survey for September fell to -8.8 instead of -4). And there was a flurry of other reports, but they had little impact on a market that is focused onGreece,Italyand the ECB's every effort to save them from defaulting on their debt. For the fourth consecutive day stocks moved higher, completing a run of 4.3% from Monday's close, and a Collins-Bollinger Reversal (CBR) buy signal, to Thursday's close. Traders who took leveraged ETF positions on Monday's buy signal should consider cashing in. And it would be prudent for traders to close all other long positions this morning. It is possible that stocks could make a further run through the neckline at Nasdaq 2,602 and the 50-day moving average at 2,612. But an overbought MACD, and the vagaries of a triple-witching day argue against holding long positions in a bear market within an incomplete bear flag formation. Finally, the bounce from the August low to last night's close is a 50% retracement of the fall from the July 7 high to the Aug. 9 low — a Fibonacci number. After breaking from major resistance at a triple-top and its 200-day moving average, the U.S. dollar pulled back closing the first of two open breakaway gaps. The dramatic breakout confirms a double-bottom for the buck, but there is no guarantee of an immediate follow through since patterns of this type often take weeks or months to develop.
Swiss Stocks Look as Sweet as Chocolate Thanks to Franc Move
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Last week, the Swiss National Bank announced it would peg its franc to the euro at a conversion rate of 1.2. The Swiss franc reacted immediately to the downside, shedding 10% against the U.S. dollar and crushing one of the most widely held longs by hedge funds. Your opportunity as an investor right now is to focus on the handful of Swiss companies that are big exporters, who do business abroad and will benefit from favorable currency exchange rates against the weak franc. Those stocks could include ABB Inc. (NYSE: ABB ), Logitech ( NASDAQ : LOGI ) and Novartis (NYSE: NVS ), to name a few. The move with the Swiss franc came in response to fund managers who drove the franc to all-time highs in early August, seriously damaging the country’s exports, as well as its domestic economy. The Swiss National Bank found itself backed into a corner, but nonetheless, its action marked a bold move, especially from a nation that has a history of taking action piecemeal and not with a sledgehammer. The act of tying the franc to the euro means Switzerland is no longer immune to the ills of European sovereign debt and, therefore, does not provide the safe haven that has escaped the PIIGS nations’ woes. That is, the euro zone constituents Portugal, Ireland, Italy, Greece and Spain. Not knowing how low the euro can go, one can only speculate that the Swiss franc may trade at parity with the dollar in the next year. That’s assuming Europe’s fiscal mess gets a bit messier, which is not out of the question. My take on the euro is that it is trading at an artificially high level, fully supported by ECB open market purchases. Instead, I'd posit that the euro ought to be trading at 1.2 and ultimately will do so at some point in the not-too-distant future. Europe is on the verge of negative growth, and slapping a number of new austerity measures on what already are fragile economies is bad news for the euro. The one-year chart of the Swiss franc (below) illustrates the extreme with which it rallied as interest rates soared in Portugal, Italy, Ireland, Greece and Spain this time last month, before austerity programs were voted through, but have yet to be implemented. A lot still can go wrong with the euro zone, and the value of the euro could well descend from the current 1.4 level if the ECB fails to get full cooperation from member nations involved in resolving the sovereign debt crisis. Why the Swiss would chain their currency to the euro at a time when it could see a big move lower in the weeks ahead is a real head-scratcher. But from the chart above, the franc is trading back down to May levels and most certainly will help the export industry, as exchange rates have vastly improved. My guess is that Swiss bankers are betting on a lower euro so as to further improve foreign currency exchange rates. Even at its now lower level, the franc still is very high on a historical basis. At some point, if the euro starts to unwind, it wouldn’t surprise me in the least to see the Swiss National Bank un-peg the franc and let it free float again. But let’s assume that the Swiss bank decides to let the franc decline so as to juice up exports. In that case, it would be a lucrative move to buy into one or two Swiss-based blue-chip companies that do 90% of their business outside the country and have a strong exposure to emerging markets. Given the backdrop of investor sentiment that is fearful of a global slowdown, I would view consumer staples as a way to play this export scenario that has just gotten a shot in the arm, via devaluation of the franc. Oddly enough, most Swiss equities sold off on the news, which probably stems from fund managers running international portfolios who then dumped their Swiss holdings after it became joined at the hip with the future direction of the euro. The selling pressure witnessed this week in Swiss stocks makes for some very compelling buys that fit right in with the “new normal” landscape — a.k.a. growth coupled with austerity. Well, the Swiss already live an austere lifestyle, and the sudden decline in the value of the franc is sure to boost the bottom line of the country’s leading exporters. So it soon might be a good time to get in on stocks with exposure to non-cyclical businesses that are global leaders in their respective market sectors. And it makes a lot of sense to do so while these stocks are on sale. From a total return basis, it’s about as tasty as a Toblerone. Bryan Perry is the editor of the Cash Machine dividend stock newsletter.
Gold & Silver Prices – Daily Outlook September 16
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold and silver prices suffered a sharp drop yesterday and thus completed 4.2% and 5.1% deceases, respectively from the end of last week. The recent announcement of ECB along with the Fed to issue US dollar based loans to European Banks may have helped restore some confidence in the European market and consequently rallied up the Euro against the US dollar. This news also eclipsed the negative results of the Philly Fed Manufacturing Index . The declines in precious metals prices coincided with the recent rally of US stock markets and the rise in US Treasury bills yields. Today, US TIC long term purchases will also be published. Let’s examine the precious metals market for today, September 16th: Gold and silver prices –September Gold and silver prices sharply declined yesterday: Gold price fell on Thursday by 2.47% to $1,781; silver price also declined by 2.55% to $39.50. During September, gold price declined by 2.7% while silver price fell by 5.4%. The chart below (normalized gold and silver prices (August 31st 2011=100)) shows the price development of precious metals during September. The ratio between gold and silver prices stats to slowly pick up in recent days; on Thursday, September 15th the
Learn more about the Chinese geological industry’s impact on global mining sector.
XCSFDHG46767FHJHJF
min2664 Mr. Jionghui Wang, Assistant President of one of the leading metals and mining corporations globally shared with the delegation at the Central Asia Mining Congress his opinion on the worldwide exploration market. Mr. Wang is currently the Assistant President of China Minmetals Corporation and the President of Minmetals Exploration and Development Co.,Ltd. In the past few years, Mr. Wang has successfully led several large-scale exploration projects, which attract extensive attention from both domestically and abroad ( e.g. Nihe Iron Mine project in Anhui Province, Songxian Gold and Molybdenum Project in Henan Province, Coking Coal Project in Qinghai Jiangcang, and Shi Donggou Silver Polymetallic Project in Gansu Province. In his presentation at the Central Asia Mining Congress , Mr. Wang brought up the importance of the resource demand in China & the further strategy, highlighting the following: • In the next decades, China has to face up to the severe resource demand occurred in the industrialization and urbanization. • Confronted with the challenge, China is implementing the leap forward strategy, and creates more key breakthroughs as far as possible. • During this course, China exploration workforce will play leading role and undertake the important responsibility to guarantee the resource supply. Want to learn more about the Chinese geological industry's impact on global mining sector? Download his full presentation slides here. Join us at the Central Asia Mining Congress 2012 and find out more about the further development of the global as well as the Central Asian mining sector. Register now!
6 Under-the-Radar Charts to Watch
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace As anyone who is involved in the markets is undoubtedly aware, it's a tough time to find compelling ideas. Sure, any number of stocks look undervalued right now, but how can you pull the trigger on a buy order when any morning might bring a new chapter in the European crisis? The result is that correlations have moved near record highs , and finding charts that don't mirror the S&P 500 is a tall order. There are, however, a few charts that are notable for their divergence from the stock market 's performance and their importance as indicators of both sentiment and the global economic outlook. Below are six to put on your watch list and monitor closely for signs of a breakdown. The direction of these securities could provide a clue as to the next move for the broader global financial markets. Emerging Markets First up are the charts of two key emerging-market segments: Brazil and Chinese real estate. The Brazilian stock market has long been a leading indicator for astute investors, and it is all the more important today given the importance of the emerging-markets economies to the global growth outlook. Significantly, the iShares MSCI Brazil Index Fund ETF (NYSE: EWZ ) is perched right on long-term support near the $60 level. Below lies a technical no-man's land that could provide the fuel for a more serious selloff if the EWZ can't hold its ground here: Perhaps even more important is the technical status of a lesser-known exchange-traded fund called the Guggenheim China Real Estate ETF (NYSE: TAO ). According to etftrends.com, the fund "tries to reflect the performance of the AlphaShares China Real Estate Index , which holds publicly traded companies and real estate investment trusts (REITs) that generate a majority of their revenues from real estate development, management and/or ownership of property in China, Hong Kong and Macau." While the ETF itself is small, with under $30 million in assets and a daily average trading volume of only about 38,000 shares, one could argue that the sector it represents is one of the most important to the global economy. China's real estate market is generally seen as being in a bubble, and the bursting of that bubble would have serious ramifications for the rest of the world. That's why investors need to watch this ETF for a breakdown below its support level at $15. As is the case with EWZ, the last volume below this support was registered more than two years ago.
Swiss Stocks Look as Sweet as Chocolate Thanks to Franc Move
Last week, the Swiss National Bank announced it would peg its franc to the euro
at a conversion rate of 1.2. The Swiss franc reacted immediately to the
downside, shedding 10% against the U.S. dollar and crushing one of the most
widely held longs by hedge funds. Your opportunity as an investor right now is
to focus on the handful of Swiss companies that are big exporters, who do
business abroad and will benefit from favorable currency exchange rates against
the weak franc. Those stocks could include ABB Inc. (NYSE: ABB ), Logitech
(NASDAQ: LOGI ) and Novartis (NYSE: NVS ), to name a few. The move with the
Swiss franc came in response to fund managers who drove the franc to all-time
highs in early August, seriously damaging the countrys exports, as well as its
domestic economy. The Swiss National Bank found itself backed into a corner, but
nonetheless, its action marked a bold move, especially from a nation that has a
history of taking action piecemeal and not with a sledgehammer. The act of tying
the franc to the euro means Switzerland is no longer immune to the ills of
European sovereign debt and, therefore, does not provide the safe haven that has
escaped the PIIGS nations woes. That is, the euro zone constituents Portugal,
Ireland, Italy, Greece and Spain. Not knowing how low the euro can go, one can
only speculate that the Swiss franc may trade at parity with the dollar in the
next year. Thats assuming Europes fiscal mess gets a bit messier, which is not
out of the question. My take on the euro is that it is trading at an
artificially high level, fully supported by ECB open market purchases. Instead,
I'd posit that the euro ought to be trading at 1.2 and ultimately will do so
at some point in the not-too-distant future. Europe is on the verge of negative
growth, and slapping a number of new austerity measures on what already are
fragile economies is bad news for the euro. The one-year chart of the Swiss
franc (below) illustrates the extreme with which it rallied as interest rates
soared in Portugal, Italy, Ireland, Greece and Spain this time last month,
before austerity programs were voted through, but have yet to be implemented. A
lot still can go wrong with the euro zone, and the value of the euro could well
descend from the current 1.4 level if the ECB fails to get full cooperation from
member nations involved in resolving the sovereign debt crisis. Why the Swiss
would chain their currency to the euro at a time when it could see a big move
lower in the weeks ahead is a real head-scratcher. But from the chart above, the
franc is trading back down to May levels and most certainly will help the export
industry, as exchange rates have vastly improved. My guess is that Swiss bankers
are betting on a lower euro so as to further improve foreign currency exchange
rates. Even at its now lower level, the franc still is very high on a historical
basis. At some point, if the euro starts to unwind, it wouldnt surprise me in
the least to see the Swiss National Bank un-peg the franc and let it free float
again. But lets assume that the Swiss bank decides to let the franc decline so
as to juice up exports. In that case, it would be a lucrative move to buy into
one or two Swiss-based blue-chip companies that do 90% of their business outside
the country and have a strong exposure to emerging markets. Given the backdrop
of investor sentiment that is fearful of a global slowdown, I would view
consumer staples as a way to play this export scenario that has just gotten a
shot in the arm, via devaluation of the franc. Oddly enough, most Swiss equities
sold off on the news, which probably stems from fund managers running
international portfolios who then dumped their Swiss holdings after it became
joined at the hip with the future direction of the euro. The selling pressure
witnessed this week in Swiss stocks makes for some very compelling buys that fit
right in with the new normal landscape a.k.a. growth coupled with austerity.
Well, the Swiss already live an austere lifestyle, and the sudden decline in the
value of the franc is sure to boost the bottom line of the countrys leading
exporters. So it soon might be a good time to get in on stocks with exposure to
non-cyclical businesses that are global leaders in their respective market
sectors. And it makes a lot of sense to do so while these stocks are on sale.
From a total return basis, its about as tasty as a Toblerone. Bryan Perry is the
editor of the Cash Machine dividend stock newsletter.
at a conversion rate of 1.2. The Swiss franc reacted immediately to the
downside, shedding 10% against the U.S. dollar and crushing one of the most
widely held longs by hedge funds. Your opportunity as an investor right now is
to focus on the handful of Swiss companies that are big exporters, who do
business abroad and will benefit from favorable currency exchange rates against
the weak franc. Those stocks could include ABB Inc. (NYSE: ABB ), Logitech
(NASDAQ: LOGI ) and Novartis (NYSE: NVS ), to name a few. The move with the
Swiss franc came in response to fund managers who drove the franc to all-time
highs in early August, seriously damaging the countrys exports, as well as its
domestic economy. The Swiss National Bank found itself backed into a corner, but
nonetheless, its action marked a bold move, especially from a nation that has a
history of taking action piecemeal and not with a sledgehammer. The act of tying
the franc to the euro means Switzerland is no longer immune to the ills of
European sovereign debt and, therefore, does not provide the safe haven that has
escaped the PIIGS nations woes. That is, the euro zone constituents Portugal,
Ireland, Italy, Greece and Spain. Not knowing how low the euro can go, one can
only speculate that the Swiss franc may trade at parity with the dollar in the
next year. Thats assuming Europes fiscal mess gets a bit messier, which is not
out of the question. My take on the euro is that it is trading at an
artificially high level, fully supported by ECB open market purchases. Instead,
I'd posit that the euro ought to be trading at 1.2 and ultimately will do so
at some point in the not-too-distant future. Europe is on the verge of negative
growth, and slapping a number of new austerity measures on what already are
fragile economies is bad news for the euro. The one-year chart of the Swiss
franc (below) illustrates the extreme with which it rallied as interest rates
soared in Portugal, Italy, Ireland, Greece and Spain this time last month,
before austerity programs were voted through, but have yet to be implemented. A
lot still can go wrong with the euro zone, and the value of the euro could well
descend from the current 1.4 level if the ECB fails to get full cooperation from
member nations involved in resolving the sovereign debt crisis. Why the Swiss
would chain their currency to the euro at a time when it could see a big move
lower in the weeks ahead is a real head-scratcher. But from the chart above, the
franc is trading back down to May levels and most certainly will help the export
industry, as exchange rates have vastly improved. My guess is that Swiss bankers
are betting on a lower euro so as to further improve foreign currency exchange
rates. Even at its now lower level, the franc still is very high on a historical
basis. At some point, if the euro starts to unwind, it wouldnt surprise me in
the least to see the Swiss National Bank un-peg the franc and let it free float
again. But lets assume that the Swiss bank decides to let the franc decline so
as to juice up exports. In that case, it would be a lucrative move to buy into
one or two Swiss-based blue-chip companies that do 90% of their business outside
the country and have a strong exposure to emerging markets. Given the backdrop
of investor sentiment that is fearful of a global slowdown, I would view
consumer staples as a way to play this export scenario that has just gotten a
shot in the arm, via devaluation of the franc. Oddly enough, most Swiss equities
sold off on the news, which probably stems from fund managers running
international portfolios who then dumped their Swiss holdings after it became
joined at the hip with the future direction of the euro. The selling pressure
witnessed this week in Swiss stocks makes for some very compelling buys that fit
right in with the new normal landscape a.k.a. growth coupled with austerity.
Well, the Swiss already live an austere lifestyle, and the sudden decline in the
value of the franc is sure to boost the bottom line of the countrys leading
exporters. So it soon might be a good time to get in on stocks with exposure to
non-cyclical businesses that are global leaders in their respective market
sectors. And it makes a lot of sense to do so while these stocks are on sale.
From a total return basis, its about as tasty as a Toblerone. Bryan Perry is the
editor of the Cash Machine dividend stock newsletter.
Learn more about the Chinese geological industry’s impact on global mining sector.
Mr. Jionghui Wang, Assistant President of one of the leading metals and mining
corporations globally shared with the delegation at the Central Asia Mining
Congress his opinion on the worldwide exploration market. Mr. Wang is currently
the Assistant President of China Minmetals Corporation and the President of
Minmetals Exploration and Development Co.,Ltd. In the past few years, Mr. Wang
has successfully led several large-scale exploration projects, which attract
extensive attention from both domestically and abroad ( e.g. Nihe Iron Mine
project in Anhui Province, Songxian Gold and Molybdenum Project in Henan
Province, Coking Coal Project in Qinghai Jiangcang, and Shi Donggou Silver
Polymetallic Project in Gansu Province. In his presentation at the Central Asia
Mining Congress , Mr. Wang brought up the importance of the resource demand in
China & the further strategy, highlighting the following: • In the next
decades, China has to face up to the severe resource demand occurred in the
industrialization and urbanization. • Confronted with the challenge, China is
implementing the leap forward strategy, and creates more key breakthroughs as
far as possible. • During this course, China exploration workforce will play
leading role and undertake the important responsibility to guarantee the
resource supply. Want to learn more about the Chinese geological industry's
impact on global mining sector? Download his full presentation slides here. Join
us at the Central Asia Mining Congress 2012 and find out more about the further
development of the global as well as the Central Asian mining sector. Register
now!
corporations globally shared with the delegation at the Central Asia Mining
Congress his opinion on the worldwide exploration market. Mr. Wang is currently
the Assistant President of China Minmetals Corporation and the President of
Minmetals Exploration and Development Co.,Ltd. In the past few years, Mr. Wang
has successfully led several large-scale exploration projects, which attract
extensive attention from both domestically and abroad ( e.g. Nihe Iron Mine
project in Anhui Province, Songxian Gold and Molybdenum Project in Henan
Province, Coking Coal Project in Qinghai Jiangcang, and Shi Donggou Silver
Polymetallic Project in Gansu Province. In his presentation at the Central Asia
Mining Congress , Mr. Wang brought up the importance of the resource demand in
China & the further strategy, highlighting the following: • In the next
decades, China has to face up to the severe resource demand occurred in the
industrialization and urbanization. • Confronted with the challenge, China is
implementing the leap forward strategy, and creates more key breakthroughs as
far as possible. • During this course, China exploration workforce will play
leading role and undertake the important responsibility to guarantee the
resource supply. Want to learn more about the Chinese geological industry's
impact on global mining sector? Download his full presentation slides here. Join
us at the Central Asia Mining Congress 2012 and find out more about the further
development of the global as well as the Central Asian mining sector. Register
now!
Top 10 Specialty Finance Stocks with Highest Return on Equity: TGH, TAL, AGM, TCAP, CIM, NLY, CISG, HTS, INSW, MMC (Sep 15, 2011)
Below are the top 10 Specialty Finance stocks with highest Return on Equity
(ROE) ratio for the last 12 months. ROE shows a companys efficiency in making
profits from shareholders equity. It is equal to net profits divided by
shareholders equity. One Chinese company (CISG) is on the list. Textainer Group
Holdings Limited (NYSE:TGH) has the 1st highest Return on Equity in this segment
of the market. Its ROE was 27.69% for the last 12 months. Its net profit margin
was 51.14% for the same period. TAL International Group, Inc. (NYSE:TAL) has the
2nd highest Return on Equity in this segment of the market. Its ROE was 21.68%
for the last 12 months. Its net profit margin was 23.16% for the same period.
Federal Agricultural Mortgage Corp. (NYSE:AGM) has the 3rd highest Return on
Equity in this segment of the market. Its ROE was 21.24% for the last 12 months.
Its net profit margin was 26.65% for the same period. Triangle Capital
Corporation (NYSE:TCAP) has the 4th highest Return on Equity in this segment of
the market. Its ROE was 21.13% for the last 12 months. Its net profit margin was
84.15% for the same period. Chimera Investment Corporation (NYSE:CIM) has the
5th highest Return on Equity in this segment of the market. Its ROE was 17.76%
for the last 12 months. Its net profit margin was 66.92% for the same period.
Annaly Capital Management, Inc. (NYSE:NLY) has the 6th highest Return on Equity
in this segment of the market. Its ROE was 17.30% for the last 12 months. Its
net profit margin was 63.47% for the same period. CNinsure Inc. (ADR)
(NASDAQ:CISG) has the 7th highest Return on Equity in this segment of the
market. Its ROE was 16.39% for the last 12 months. Its net profit margin was
27.36% for the same period. Hatteras Financial Corp. (NYSE:HTS) has the 8th
highest Return on Equity in this segment of the market. Its ROE was 15.05% for
the last 12 months. Its net profit margin was 67.21% for the same period. InsWeb
Corporation (NASDAQ:INSW) has the 9th highest Return on Equity in this segment
of the market. Its ROE was 14.35% for the last 12 months. Its net profit margin
was 3.56% for the same period. Marsh & McLennan Companies, Inc. (NYSE:MMC) has
the 10th highest Return on Equity in this segment of the market. Its ROE was
14.13% for the last 12 months. Its net profit margin was 8.32% for the same
period.
(ROE) ratio for the last 12 months. ROE shows a companys efficiency in making
profits from shareholders equity. It is equal to net profits divided by
shareholders equity. One Chinese company (CISG) is on the list. Textainer Group
Holdings Limited (NYSE:TGH) has the 1st highest Return on Equity in this segment
of the market. Its ROE was 27.69% for the last 12 months. Its net profit margin
was 51.14% for the same period. TAL International Group, Inc. (NYSE:TAL) has the
2nd highest Return on Equity in this segment of the market. Its ROE was 21.68%
for the last 12 months. Its net profit margin was 23.16% for the same period.
Federal Agricultural Mortgage Corp. (NYSE:AGM) has the 3rd highest Return on
Equity in this segment of the market. Its ROE was 21.24% for the last 12 months.
Its net profit margin was 26.65% for the same period. Triangle Capital
Corporation (NYSE:TCAP) has the 4th highest Return on Equity in this segment of
the market. Its ROE was 21.13% for the last 12 months. Its net profit margin was
84.15% for the same period. Chimera Investment Corporation (NYSE:CIM) has the
5th highest Return on Equity in this segment of the market. Its ROE was 17.76%
for the last 12 months. Its net profit margin was 66.92% for the same period.
Annaly Capital Management, Inc. (NYSE:NLY) has the 6th highest Return on Equity
in this segment of the market. Its ROE was 17.30% for the last 12 months. Its
net profit margin was 63.47% for the same period. CNinsure Inc. (ADR)
(NASDAQ:CISG) has the 7th highest Return on Equity in this segment of the
market. Its ROE was 16.39% for the last 12 months. Its net profit margin was
27.36% for the same period. Hatteras Financial Corp. (NYSE:HTS) has the 8th
highest Return on Equity in this segment of the market. Its ROE was 15.05% for
the last 12 months. Its net profit margin was 67.21% for the same period. InsWeb
Corporation (NASDAQ:INSW) has the 9th highest Return on Equity in this segment
of the market. Its ROE was 14.35% for the last 12 months. Its net profit margin
was 3.56% for the same period. Marsh & McLennan Companies, Inc. (NYSE:MMC) has
the 10th highest Return on Equity in this segment of the market. Its ROE was
14.13% for the last 12 months. Its net profit margin was 8.32% for the same
period.
Top 10 Solar Stocks with Highest Return on Equity: GTAT, DQ, JKS, SOL, TSL, LDK, JASO, YGE, FSLR, STP (Sep 15, 2011)
Below are the top 10 Solar stocks with highest Return on Equity (ROE) ratio for
the last 12 months. ROE shows a companys efficiency in making profits from
shareholders equity. It is equal to net profits divided by shareholders equity.
Eight Chinese companies (DQ, JKS, SOL, TSL, LDK, JASO, YGE, STP) are on the
list. CLICK HERE for Solar Stocks Comparison Table GT Advanced Technologies Inc
(NASDAQ:GTAT) has the 1st highest Return on Equity in this segment of the
market. Its ROE was 91.54% for the last 12 months. Its net profit margin was
21.14% for the same period. Daqo New Energy Corp. (NYSE:DQ) has the 2nd highest
Return on Equity in this segment of the market. Its ROE was 54.90% for the last
12 months. Its net profit margin was 37.18% for the same period. JinkoSolar
Holding Co., Ltd. (NYSE:JKS) has the 3rd highest Return on Equity in this
segment of the market. Its ROE was 49.72% for the last 12 months. Its net profit
margin was 15.76% for the same period. ReneSola Ltd. (ADR) (NYSE:SOL) has the
4th highest Return on Equity in this segment of the market. Its ROE was 30.88%
for the last 12 months. Its net profit margin was 12.29% for the same period.
Trina Solar Limited (ADR) (NYSE:TSL) has the 5th highest Return on Equity in
this segment of the market. Its ROE was 26.38% for the last 12 months. Its net
profit margin was 12.61% for the same period. LDK Solar Co., Ltd (ADR)
(NYSE:LDK) has the 6th highest Return on Equity in this segment of the market.
Its ROE was 25.30% for the last 12 months. Its net profit margin was 10.39% for
the same period. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) has the 7th
highest Return on Equity in this segment of the market. Its ROE was 25.12% for
the last 12 months. Its net profit margin was 11.22% for the same period. Yingli
Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) has the 8th highest Return on
Equity in this segment of the market. Its ROE was 21.21% for the last 12 months.
Its net profit margin was 13.15% for the same period. First Solar, Inc.
(NASDAQ:FSLR) has the 9th highest Return on Equity in this segment of the
market. Its ROE was 15.24% for the last 12 months. Its net profit margin was
20.33% for the same period. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP)
has the 10th highest Return on Equity in this segment of the market. Its ROE was
14.16% for the last 12 months. Its net profit margin was 0.09% for the same
period. CLICK HERE for Solar Stocks Comparison Table
the last 12 months. ROE shows a companys efficiency in making profits from
shareholders equity. It is equal to net profits divided by shareholders equity.
Eight Chinese companies (DQ, JKS, SOL, TSL, LDK, JASO, YGE, STP) are on the
list. CLICK HERE for Solar Stocks Comparison Table GT Advanced Technologies Inc
(NASDAQ:GTAT) has the 1st highest Return on Equity in this segment of the
market. Its ROE was 91.54% for the last 12 months. Its net profit margin was
21.14% for the same period. Daqo New Energy Corp. (NYSE:DQ) has the 2nd highest
Return on Equity in this segment of the market. Its ROE was 54.90% for the last
12 months. Its net profit margin was 37.18% for the same period. JinkoSolar
Holding Co., Ltd. (NYSE:JKS) has the 3rd highest Return on Equity in this
segment of the market. Its ROE was 49.72% for the last 12 months. Its net profit
margin was 15.76% for the same period. ReneSola Ltd. (ADR) (NYSE:SOL) has the
4th highest Return on Equity in this segment of the market. Its ROE was 30.88%
for the last 12 months. Its net profit margin was 12.29% for the same period.
Trina Solar Limited (ADR) (NYSE:TSL) has the 5th highest Return on Equity in
this segment of the market. Its ROE was 26.38% for the last 12 months. Its net
profit margin was 12.61% for the same period. LDK Solar Co., Ltd (ADR)
(NYSE:LDK) has the 6th highest Return on Equity in this segment of the market.
Its ROE was 25.30% for the last 12 months. Its net profit margin was 10.39% for
the same period. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) has the 7th
highest Return on Equity in this segment of the market. Its ROE was 25.12% for
the last 12 months. Its net profit margin was 11.22% for the same period. Yingli
Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) has the 8th highest Return on
Equity in this segment of the market. Its ROE was 21.21% for the last 12 months.
Its net profit margin was 13.15% for the same period. First Solar, Inc.
(NASDAQ:FSLR) has the 9th highest Return on Equity in this segment of the
market. Its ROE was 15.24% for the last 12 months. Its net profit margin was
20.33% for the same period. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP)
has the 10th highest Return on Equity in this segment of the market. Its ROE was
14.16% for the last 12 months. Its net profit margin was 0.09% for the same
period. CLICK HERE for Solar Stocks Comparison Table
Gold & Silver Prices – Daily Outlook September 16
Gold and silver prices suffered a sharp drop yesterday and thus completed 4.2%
and 5.1% deceases, respectively from the end of last week. The recent
announcement of ECB along with the Fed to issue US dollar based loans to
European Banks may have helped restore some confidence in the European market
and consequently rallied up the Euro against the US dollar. This news also
eclipsed the negative results of the Philly Fed Manufacturing Index. The
declines in precious metals prices coincided with the recent rally of US stock
markets and the rise in US Treasury bills yields. Today, US TIC long term
purchases will also be published. Lets examine the precious metals market for
today, September 16th: Gold and silver prices –September Gold and silver
prices sharply declined yesterday: Gold price fell on Thursday by 2.47% to
$1,781; silver price also declined by 2.55% to $39.50. During September, gold
price declined by 2.7% while silver price fell by 5.4%. The chart below
(normalized gold and silver prices (August 31st 2011=100)) shows the price
development of precious metals during September. The ratio between gold and
silver prices stats to slowly pick up in recent days; on Thursday, September
15th the
and 5.1% deceases, respectively from the end of last week. The recent
announcement of ECB along with the Fed to issue US dollar based loans to
European Banks may have helped restore some confidence in the European market
and consequently rallied up the Euro against the US dollar. This news also
eclipsed the negative results of the Philly Fed Manufacturing Index. The
declines in precious metals prices coincided with the recent rally of US stock
markets and the rise in US Treasury bills yields. Today, US TIC long term
purchases will also be published. Lets examine the precious metals market for
today, September 16th: Gold and silver prices –September Gold and silver
prices sharply declined yesterday: Gold price fell on Thursday by 2.47% to
$1,781; silver price also declined by 2.55% to $39.50. During September, gold
price declined by 2.7% while silver price fell by 5.4%. The chart below
(normalized gold and silver prices (August 31st 2011=100)) shows the price
development of precious metals during September. The ratio between gold and
silver prices stats to slowly pick up in recent days; on Thursday, September
15th the
Charts Say It’s Time to Sell
Yesterday's triple-digit advance by the Dow Jones Industrial Average was
again the result of a focus onEurope. And whether here or there, the story is
that you just can't fight central banks when they decide to flood their
systems with U.S. dollars. On this side of the pond, weekly jobless claims rose
above expectations and regional manufacturing missed the mark (Empire State
Manufacturing Survey for September fell to -8.8 instead of -4). And there was a
flurry of other reports, but they had little impact on a market that is focused
onGreece,Italyand the ECB's every effort to save them from defaulting on their
debt. For the fourth consecutive day stocks moved higher, completing a run of
4.3% from Monday's close, and a Collins-Bollinger Reversal (CBR) buy signal,
to Thursday's close. Traders who took leveraged ETF positions on Monday's
buy signal should consider cashing in. And it would be prudent for traders to
close all other long positions this morning. It is possible that stocks could
make a further run through the neckline at Nasdaq 2,602 and the 50-day moving
average at 2,612. But an overbought MACD, and the vagaries of a triple-witching
day argue against holding long positions in a bear market within an incomplete
bear flag formation. Finally, the bounce from the August low to last night's
close is a 50% retracement of the fall from the July 7 high to the Aug. 9 low a
Fibonacci number. After breaking from major resistance at a triple-top and its
200-day moving average, the U.S. dollar pulled back closing the first of two
open breakaway gaps. The dramatic breakout confirms a double-bottom for the
buck, but there is no guarantee of an immediate follow through since patterns of
this type often take weeks or months to develop.
again the result of a focus onEurope. And whether here or there, the story is
that you just can't fight central banks when they decide to flood their
systems with U.S. dollars. On this side of the pond, weekly jobless claims rose
above expectations and regional manufacturing missed the mark (Empire State
Manufacturing Survey for September fell to -8.8 instead of -4). And there was a
flurry of other reports, but they had little impact on a market that is focused
onGreece,Italyand the ECB's every effort to save them from defaulting on their
debt. For the fourth consecutive day stocks moved higher, completing a run of
4.3% from Monday's close, and a Collins-Bollinger Reversal (CBR) buy signal,
to Thursday's close. Traders who took leveraged ETF positions on Monday's
buy signal should consider cashing in. And it would be prudent for traders to
close all other long positions this morning. It is possible that stocks could
make a further run through the neckline at Nasdaq 2,602 and the 50-day moving
average at 2,612. But an overbought MACD, and the vagaries of a triple-witching
day argue against holding long positions in a bear market within an incomplete
bear flag formation. Finally, the bounce from the August low to last night's
close is a 50% retracement of the fall from the July 7 high to the Aug. 9 low a
Fibonacci number. After breaking from major resistance at a triple-top and its
200-day moving average, the U.S. dollar pulled back closing the first of two
open breakaway gaps. The dramatic breakout confirms a double-bottom for the
buck, but there is no guarantee of an immediate follow through since patterns of
this type often take weeks or months to develop.
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