Wednesday, November 3, 2010

Early Market News: Verizon Communications Inc. (NYSE:VZ), American International Group (NYSE:AIG), Exxon Mobil Corp. (NYSE:XOM)

Here is another batch of stock briefings which may affect stock trading as the markets continue today. The following companies should see some movement: Verizon Communications Inc. (NYSE:VZ), American International Group (NYSE:AIG), Exxon Mobil Corp. (NYSE:XOM). Here is a more detailed look at the news that will affect each company when trading continues. Verizon Communications Inc. (NYSE:VZ) Verizon Communications' (NYSE:VZ) new president, Toohey, has 22 years of experience at Verizon Communications (NYSE:VZ). He started his career as a GTE in 1988; He will take his new role immediately. He has served Verizon Communications (NYSE:VZ) in various human resources positions, operations and various finance. More recently he was senior vice president of global customer care and services for Verizon Communications (NYSE:VZ) Business The company says it is also searching for an experienced person for the chairman and CEO position as reports say the company's present chairman and CEO Ivan Seidenberg will be retiring next year. American International Group (NYSE:AIG) American International Group (NYSE:AIG) has closed its deal with MetLife. The acquisition of American International Group (NYSE:AIG) foreign unit, is expected to be boost the market value of MetLife. The deal closed for $16.2 billion in cash and MetLife shares. This deal will help MetLife to reach 60 countries and 90 million customers most of whom are a part of American International Group (NYSE:AIG) C. Robert Henrikson, head of MetLife said "With our acquisition of Alico complete, MetLife has become the premier global life insurance and employee benefits powerhouse." Exxon Mobil Corp. (NYSE:XOM) ExxonMobil Corporation (NYSE:XOM) has announced a $750 middle school grant. ExxonMobil Educational Alliance (NYSE:XOM) has announced a $750 grant for Robert E. Lee Academy of Bishopville. The grant money will be used to support the school's middle school science lab for the purchase of microscopes for the middle school science lab. The ExxonMobil Educational Alliance program is designed to grant ExxonMobil Corporation (NYSE:XOM)'s retailers with an opportunity to invest in the future of their communities through educational grants to neighborhood schools. We could possibly see more movement when trading continues for Verizon Communications Inc. (NYSE:VZ), American International Group (NYSE:AIG) and Exxon Mobil Corp. (NYSE:XOM).
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Top 10 Best-Performing Gaming Stocks Year-to-Date: LVS, MPEL, WYNN, EGT, MNTG, PNK, MCRI, PENN, MGM, PTEK (Nov 03, 2010)

Below are the top 10 best-performing Gaming stocks year-to-date, UPDATED TODAY before 4:30 AM ET. One Chinese company (MPEL) is on the list.

Las Vegas Sands Corp. (NYSE:LVS) is the 1st best-performing stock year-to-date in this segment of the market. It has risen 228.25% since the beginning of this year. Its price percentage change is 243.18% for the last 52 weeks. Melco Crown Entertainment Ltd (NASDAQ:MPEL) is the 2nd best-performing stock year-to-date in this segment of the market. It has risen 97.17% since the beginning of this year. Its price percentage change is 27.65% for the last 52 weeks. Wynn Resorts, Limited (NASDAQ:WYNN) is the 3rd best-performing stock year-to-date in this segment of the market. It has risen 93.32% since the beginning of this year. Its price percentage change is 109.51% for the last 52 weeks. Entertainment Gaming Asia Inc. (AMEX:EGT) is the 4th best-performing stock year-to-date in this segment of the market. It has risen 51.94% since the beginning of this year. Its price percentage change is 34.28% for the last 52 weeks. MTR Gaming Group, Inc. (NASDAQ:MNTG) is the 5th best-performing stock year-to-date in this segment of the market. It has risen 51.54% since the beginning of this year. Its price percentage change is -0.51% for the last 52 weeks.

Pinnacle Entertainment, Inc (NYSE:PNK) is the 6th best-performing stock year-to-date in this segment of the market. It has risen 49.78% since the beginning of this year. Its price percentage change is 61.85% for the last 52 weeks. Monarch Casino & Resort, Inc. (NASDAQ:MCRI) is the 7th best-performing stock year-to-date in this segment of the market. It has risen 44.20% since the beginning of this year. Its price percentage change is 77.51% for the last 52 weeks. Penn National Gaming, Inc (NASDAQ:PENN) is the 8th best-performing stock year-to-date in this segment of the market. It has risen 22.55% since the beginning of this year. Its price percentage change is 30.67% for the last 52 weeks. MGM Resorts International. (NYSE:MGM) is the 9th best-performing stock year-to-date in this segment of the market. It has risen 22.26% since the beginning of this year. Its price percentage change is 23.48% for the last 52 weeks. PokerTek, Inc. (NASDAQ:PTEK) is the 10th best-performing stock year-to-date in this segment of the market. It has risen 20.43% since the beginning of this year. Its price percentage change is 3.23% for the last 52 weeks.

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China Analyst
Top 10 Best-Performing Gaming Stocks Year-to-Date: LVS, MPEL, WYNN, EGT, MNTG, PNK, MCRI, PENN, MGM, PTEK (Nov 03, 2010)



TODAY’S STOCK MARKET DOW JONES INDUSTRIAL AVERAGE DJI, S&P 500, NASDAQ INDEX TRENDS, NOTES November 3rd, 2010; Close

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Anxieties were obviously fresh in the market place today as anticipations grew and rumors spread regarding the extent of the Federal Reserve’s plan to stimulate economic recovery. Trend lines for major market index values were lower this morning before opening bell and the red trending continued throughout the day until the end. The Fed policy report aimed to detail plans to purchase Treasury bonds and many worried about the overall scope and sequence of the plan. Earlier today, the Institute for Supply Management posted a report detailing growth in the service sector. Additionally, payroll company, ADP posted data that revealed an increase of 43,000 jobs for private employers. The changes from the mid-term election are being viewed as positive as more Republican control is viewed as business friendly. Overall, reports were strong today for the market but trending was mostly lower for a majority of the day. The current Fed verdict is in and the policy report revealed that the Federal Reserve will purchase $600 billion in Treasury bonds. The purchase will be phased in over time at approximately $75 billion a month. The phase in period will be between now and June 30th 2011. This move will keep interest rates lower for the long term. With this news, the dollar fell today against the euro, the British pound and gained against the Japanese yen. Still trends pushed commodity prices lower. Gold settled down today at $1,337.60 an ounce and silver fell to $24.44 and ounce. The Dow Jones Industrial Average ended the day up .24% and settled at 11,215.13. The Nasdaq settled up at 2,540.27 and the S&P 500 settled up at 1,197.96. The ten year treasury yield is 2.62%. Author: Frank Matto

TODAY'S STOCK MARKET DOW JONES INDUSTRIAL AVERAGE DJI, S&P 500, NASDAQ INDEX TRENDS, NOTES November 3rd, 2010; Close



Magic Software Enterprises Ltd. (MGIC) Finishes Higher after Q3 Results

Magic Software Enterprises Ltd. (NASDAQ: MGIC) shares saw a huge rally today, following the announcement of third-quarter financial results. The stock ended the day 14.14% higher at $3.31, on above average volume of 1.84 million. The stock touched a 52-week high of $3.72 in today's trading. It has a 52-week range of $1.55-$3.72. The stock is up 2.11% to $3.38 in after-hours trading today. Magic Software today reported that its third-quarter revenues increased 66% to $22.4 million. The company's third-quarter operating income came in at $2.5 million, up from $0.8 million reported in the third quarter of 2009. For nine-month period ended September 30, 2010, the company's operating and net income more than doubled to $6.3 million, compared with $2.5 million reported for the nine-month period ended September 30, 2009. Israel-based Magic Software Enterprises Ltd. is a developer, marketer and seller of an application platform and business and process integration solutions. The company sells its products and services through a worldwide network of it regional offices, independent software vendors, system integrators, distributors and value added resellers. Disclaimer: The assembled information distributed by epicstockpicks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Epicstockpicks.com does expect that investors will buy and sell securities based on information assembled and presented herein. EpicStockPicks.com will not be responsible in any way for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.
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Epic Stock Picks



Asian Shares Mostly Up; Earnings Lift Tokyo, Fed Move Welcomed

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Asian Shares Mostly Up; Earnings Lift Tokyo, Fed Move Welcomed Wall Street Journal – 1 hour ago By Shri Navaratnam SINGAPORE (Dow Jones)–Asian share markets were mostly higher Thursday with the Tokyo market rising sharply on recent positive earnings reports, while most investors welcomed …

Asian Shares Mostly Up; Earnings Lift Tokyo, Fed Move Welcomed



Dive Into Water ETFs And Mutual Funds

While water is the world's most precious resource, it's also an industry dripping with investing opportunities via water exchange traded funds (or ETFs) or mutual fund investments.  Today, investors can buy ETF funds, mutual funds, hedge funds of international companies and even individual water-related stocks engaged in all aspects of the water business worldwide. But astute investors interested in navigating investment opportunities in the water business should undertake two separate steps: First, they should research all aspects of the water business to determine which investment vehicle gives them the exposure they are looking for. Second, they should choose the right ETF, mutual fund or individual stocks to isolate the opportunity or industry sectors they want to pursue. To do this, investors need to research the regulations, technology and treatment processes affecting water purification and waste water treatment. Many investors do not realize that investing in water is even possible. That's because the U.S. water industry has undergone significant structural changes in its management and regulation since the Paris-based company Vivendi acquired U.S. Filter in 1999. Today, the water business is the third-largest industry in the world, behind oil and gas production and electricity generation.    Due to climate changes and increased demand worldwide, the need for pure water, as well as every technology and infrastructure related to the purification, drainage, treatment, and the search for water is now a priority among many of the world's developed and developing nations. This includes new ways to re-claim contaminated water in remote areas.  For instance, decentralized treatment plants are becoming more popular in emerging and developed nations. New efforts are also needed to build storm water infrastructure, especially to treat runoff in the form of fertilizers, pesticides, and organic compounds, which are major contributors to impaired water quality. Water is also essential to modern technology manufacturing.  For example, it takes 2,300 gallons of water to fabricate one six-inch semi-conductor wafer, according to Steve Hoffmann, author of the book, Planet Water: Investing in the World's Most Valuable Resource.  Obtaining clean water is a worldwide problem.  The World Health Organization estimates that 1.1 billion people cannot easily find clean drinking water, while 40% of the world's population lives in areas without adequate sanitation.  This helps explain why 50% of the world's hospital beds are being used to treat patients suffering from water-borne and water-related diseases. An estimated 4,500 children per day die from the lack of water and sanitation services.  Since water is essential and becoming more scarce, governments worldwide will be required to spend more on building water infrastructures and related water treatment services.  One estimate by the Organization of Economic Co-operation and Development (OECD) estimates that $15 trillion will be needed for just 20 OECD member nations, plus Brazil, Russia, India and China. In the U.S., water is regulated by many different agencies, including the Environmental Protection Agency (EPA), as well as state agencies. These regulations cover everything from water quality to water runoff and setting standards for sewage treatment and water runoff. ETF Investment Opportunities and Risks For investors, the water industry can be broken down between companies which provide drinking (potable) water and wastewater treatment.  Each industry segment has different treatment, plant design and regional requirements. A more refined breakdown for investors was made by the Palisades Water Indexes, which further breaks the industry down according to its functionality.  These categories are: water utilities, treatment, analytical, infrastructure, resource management and multi-business. Each of these main categories is then broken down into subsectors. Investors can buy exchange traded funds (ETFs) based on water indexes, as well as stocks of companies engaged in all aspects of the water industry.   The popular ETFs are based on the Palisades Water Indexes, the S&P Global Water Index, and the ISE Water Index.  Each index has different weighting methods, underlying stocks, re-balancing and company re-placement schedules. In addition, there are about 16 mutual, private equity and hedge funds focusing on companies in the global water industry.  Like other ETFs, investors should understand the composition and weighting methodology of companies in each major index since that drives performance. Many large water companies are non-U.S. and operate worldwide in many sub-sectors of the water industry.   When an index is constructed, these weightings can be made according to market capitalization, fundamental, equal dollar or hybrid.  Investors should also know how often the index is re-balanced and re-constituted with new companies added or subtracted from the index.  Partial List of Water ETFs and Mutual Funds While some investment experts consider water to be "the new oil," individual investors should carefully consider the risks and rewards of this very liquid and new investable asset category. Here is a partial list of ETFs specifically related to the water industry worldwide: PowerShares Water Resources Portfolio ETF (NYSE: PHO ) PowerShares Global Water Portfolio ETF     (NYSE: PIO ) Guggenheim S&P Global Water Index  (NYSE: CGW ) First Trust ISE Water Index Fund (NYSE: FIW ) SPDR FTSE Macquerie Global Infrastructure 100 (NYSE: GII ) Here is a partial list of the mutual funds specifically related to the water industry worldwide: Calvert Global Water Fund ( CFWAX ) Allianz RCM Global Water Fund ( AWTAX ) PFW Water Fund ( PFWAX ) Kinetics Water Infrastructure Advantaged Fund ( KWIAX )
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Magic Software Enterprises Ltd. (NASDAQ: MGIC) Jumps On Solid Earnings

Magic Enterprises Ltd. (NASDAQ:MGIC) rose by 41 cents or by 14.14% to trade at $3.31 after the Company reported net income of $2.5 million, or $0.08 per fully diluted share an increase of 167% from the last year earnings of $0.03 per share in the same period. Magic Software was trading at a volume of 1.84 million against the average daily volume of 0.052 million after hitting the 52 week high o $3.72. Third quarter revenues increased 66% from $13.5 million to $22.4 million as compared to the last year revenue for the same period. Operating income for the third quarter tripled to $2.5 million compared to $0.8 million in the same period last year. Total cash, cash equivalents and short-term investments net of short term bank credit as of September 30, 2010 was $25.7 million. This increase was attributable to an increase in new customers and license sales for uniPaaS and iBOLT, particularly in Japan, Netherlands and U.S as quoted by the chief executive officer Guy Bernstein, "I am very pleased to report robust growth and continued improvement in all our operations for the third quarter. This has been driven by greater demand for our professional services and improved license sales of our uniPaaS RIA application platform that among enterprises and independent software vendors worldwide." Magic Software Enterprises Ltd. (NASDAQ: MGIC) is a global provider of on-premise and cloud-enabled application platform solutions – including full client, rich internet applications (RIA), mobile or Software-as-a-Service (SaaS) modes – and business and process integration solutions.
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