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Daily Archives: December 18, 2012

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Oracle Sails Past Estimates

Posted: December 18, 2012 at 4:11 pm

Oracle Corp. (NASDAQ: ORCL) is out with its quarterly earnings report. The enterprise software leader reported $0.64 EPS and a 3% gain in sales to $9.1 billion in revenue. Thomson ...
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Bull and Bear figures

24/7 Wall St. Closing Bell — December 18, 2012: Markets Open Higher, Rally on Budget Hopes (HPQ, KSU, SIRI, DUK, TSLA, DMND, SAFM, ORCL, FDX, NAV, NOK, ARB, NIEL, GALE, GTAT)

Posted: December 18, 2012 at 4:04 pm

U.S. equity markets opened higher this morning on speculation -- and some reports -- that budget talks in the U.S. were making some progress. Asian markets clearly thought so, with ...
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Stock Split Image

Low Interest Rates Impacting Your Life Insurance Company

Posted: December 18, 2012 at 2:32 pm

If you have been watching the period of low interest rates, ergo a zero-rate policy, for very long there is a good chance that you have felt the squeeze on ...
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US Treasury building

Five-Year Treasury Yields Rise After Auction

Posted: December 18, 2012 at 1:56 pm

Today’s auction of $35 billion in five-year U.S. Treasury notes sold out a a yield of 0.769%. The bid-to-cover ratio of 2.72 was somewhat lower than the four-week average ratio ...
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Railroad

Icahn-Owned Rail Car Builder Offers to Buy Competitor

Posted: December 18, 2012 at 12:39 pm

In a filing with the SEC this morning, Carl Icahn-owned American Railcar Industries Inc. (NASDAQ: ARII) revealed that it has had “conversations” with The Greenbrier Companies (NYSE: GBX) that could ...
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Crumbling Greek flag with euro

The Unexpected: S&P Upgrades Greece

Posted: December 18, 2012 at 12:27 pm

We have warned over and over that the downgrade cycle has not ended for the PIIGS and in Europe. While that is a viewpoint we see as being generally true and ...
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Solar and Big Oil Join Forces in Middle East

Posted: December 18, 2012 at 11:46 am

Solar technology can use heat from the sun to extract heavy crude from aging fields—and the idea is gaining ground and investment from big oil companies like Shell. Last week, ...
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iPhone_5_FrontBack

Apple Fails in Request for Permanent Ban on Samsung Sales

Posted: December 18, 2012 at 11:35 am

Apple Inc. (NASDAQ: AAPL) won a $1.05 billion jury award against Samsung Electronics in August, but that didn’t stop the Cupertino giant from seeking to have the U.S. District Court ...
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Bull and Bear figures

Today’s Market Winners and Losers

Posted: December 18, 2012 at 11:11 am

The stock market is up Tuesday, with the Dow Jones Industrial Average up 0.43%, the Nasdaq up 0.81%, and the S&P 500 up 0.62%. Today's winners include a pharmaceutical company ...
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Oracle Earnings Preview… Looking for the Unexpected

Posted: December 18, 2012 at 11:00 am

Oracle Corporation (NASDAQ: ORCL) is set to report earnings after the close of trading on Tuesday. The enterprise software leader is expected to report earnings of $0.61 EPS and $9.03 ...
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Is There Finally a Winner in the Crowded Obesity Drug Market?

Posted: December 18, 2012 at 10:43 am

According to the Centers for Disease Control (CDC), more than one-third (35.7%) of all adults in the United States are obese. Obesity-related medical conditions include heart attack, stroke, type-2 diabetes ...
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Apple mobile/touch devices

Confidence in Technology Rises to All-time High

Posted: December 18, 2012 at 10:38 am

The Consumer Electronics Association (CEA) said this morning that its index of consumer technology expectations rose 9.3 point in December, lifting the index to an all-time high of 97.3 since ...
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rim_logo_black

RIM Earnings and BlackBerry 10 Outlook May Hinge on Apple and Google

Posted: December 18, 2012 at 10:28 am

Research In Motion Ltd. (NASDAQ: RIMM) is set to report its earnings after the close on Thursday this week. We expect a strange earnings report. Investors saw a large upside ...
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construction

Home Builders Confidence Rises to Six-Year High

Posted: December 18, 2012 at 10:18 am

The National Association of Homebuilders (NAHB)/Wells Fargo housing market index rose two points in December to 47, the highest index reading since April 2006. An index reading below 50 indicates ...
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Pouring molten steel

Steel Maker Nucor Warns on Earnings

Posted: December 18, 2012 at 9:47 am

Another earnings warning is out this morning, this time from one of the largest U.S. steel makers. Nucor Corp. (NYSE: NUE) this morning lowered its fourth-quarter diluted earnings per share ...
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