http://seekingalpha.com/market_currents Market Currents RSS Syndication from SeekingAlpha.com SeekingAlpha.com http://seekingalpha.com/news/market_currents/post/41853?source=feed 41853 Post your comment!]]> Wed, 10 Feb 2010 00:10:37 -0500 SeekingAlpha ALL, AMKR, ARRS, ATVI, BMR, BSX, HIW, MAS, O, PRU, XRAY Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41854?source=feed 41854 Post your comment!]]> Wed, 10 Feb 2010 00:05:50 -0500 SeekingAlpha CCE, DF, DISCA, ELN, ICE, JNY, LPX, LVLT, MMC, MT, NYT, OMC, S, TLM, WYN Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41855?source=feed 41855 Post your comment!]]> Wed, 10 Feb 2010 00:00:03 -0500 SeekingAlpha Wednesday's economic calendar:
7:00 MBA Mortgage Applications
8:30 Trade Balance
9:30 Tarullo: Systemic Risk
10:30 EIA Petroleum Inventories
12:45 PM Plosser: Lessons of the Financial Crisis
1:00 PM 10-Yr Note Auction
1:20 PM Fisher: The Economic Landscape of 2010
2:00 PM Treasury Budget Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41851?source=feed 41851 Post your comment!]]> Tue, 09 Feb 2010 19:00:30 -0500 SeekingAlpha EOG Resources (EOG): Q4 EPS of $0.92 misses by $0.06. Revenue of $1.8B (+8%) vs. $1.3B. Raises quarterly dividend 7%. (PR) Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41848?source=feed 41848 Post your comment!]]> Tue, 09 Feb 2010 18:09:21 -0500 SeekingAlpha HMC) announces it's expanding a recall of certain 2001 and 2002 models by 378,758 vehicles, to replace an airbag inflator. The company says it's aware of 12 incidents to date. Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41846?source=feed 41846 3 comments!]]> Tue, 09 Feb 2010 17:52:45 -0500 SeekingAlpha weak demand - not tighter standards - is what's behind the consumer credit contraction, says David Altig at the Atlanta Fed's Macroblog. There are two histories pointing the way either to a strong rebound or a painful slog, and one of them's going to get revised. 3 comments!]]> http://seekingalpha.com/news/market_currents/post/41847?source=feed 41847 Post your comment!]]> Tue, 09 Feb 2010 17:33:02 -0500 SeekingAlpha ARG) rejects Air Products and Chemicals' (APD) hostile $60/share bid with a "Dear John" letter for APD chief John McGlade - which suggests that Air Products will head straight to Airgas shareholders with a tender offer. Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41845?source=feed 41845 Post your comment!]]> Tue, 09 Feb 2010 17:15:41 -0500 SeekingAlpha Disney (DIS): Ad rates at ABC TV are up 30% from last summer's upfronts. ESPN ad rates are up in the mid-single-digits. Studio operating income grew 30% on just 1% lower revenue. The company cut costs from a year ago. Shares now +0.7% AH. Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41844?source=feed 41844 Post your comment!]]> Tue, 09 Feb 2010 17:06:25 -0500 SeekingAlpha ABC Consumer Comfort Index: -48, back up a point from last week. Positive ratings of the national economy slip again to 8%; though the number rating personal finances positively rises to 47% from 45%; and 23% now say it's a good time to buy things, vs. 22% last week. (.pdf) Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41843?source=feed 41843 3 comments!]]> Tue, 09 Feb 2010 16:50:14 -0500 SeekingAlpha average length of unemployment: 31 weeks, by far the longest on record. 3 comments!]]> http://seekingalpha.com/news/market_currents/post/41842?source=feed 41842 Post your comment!]]> Tue, 09 Feb 2010 16:37:37 -0500 SeekingAlpha Baidu.com (BIDU): Q4 EPS of $1.80 beats by $0.12. Revenue of $185M (+40%) vs. $180M. Sees Q1 sales of $176M-181M vs. $170M. "With the transition to [new paid-search system] Phoenix Nest now behind us, we will focus on investing in both sales and marketing and R&D." Shares +8.1% AH. (PR) Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41841?source=feed 41841 Post your comment!]]> Tue, 09 Feb 2010 16:36:33 -0500 SeekingAlpha Corrections Corp. (CXW): Q4 EPS of $0.36 beats by $0.02. Revenue of $427M (+4.0%) vs. $411M. Shares -2.7% AH. (PR) Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41840?source=feed 41840 Post your comment!]]> Tue, 09 Feb 2010 16:20:32 -0500 SeekingAlpha CareFusion (CFN): FQ2 EPS of $0.39 beats by $0.05. Revenue of $1.02B (+5.2%) vs. $969M. Shares +0.2% AH. (PR) Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41839?source=feed 41839 Post your comment!]]> Tue, 09 Feb 2010 16:18:58 -0500 SeekingAlpha UDR Inc. (UDR): Q4 FFO of $0.29 beats by $0.01. Sees fiscal 2010 FFO of $1.00-1.07 vs. $1.08. Revenue of $150M (flat) vs. $148.5M. (PR) Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41838?source=feed 41838 Post your comment!]]> Tue, 09 Feb 2010 16:15:51 -0500 SeekingAlpha XL Capital (XL): FQ3 EPS of $0.69 misses by $0.01. Results exclude $254.8M of after-tax net realized losses; operating income was $235.8M. Revenue of $1.45B (+31%) vs. $1.16B. Shares -0.5% AH. (PR) Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41837?source=feed 41837 Post your comment!]]> Tue, 09 Feb 2010 16:12:25 -0500 SeekingAlpha Cerner (CERN): Q4 EPS of $0.75 beats by $0.03. Revenue of $466M (+0.1%) vs. $466M. Shares -2.2% AH. (PR) Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41836?source=feed 41836 Post your comment!]]> Tue, 09 Feb 2010 16:05:12 -0500 SeekingAlpha Disney (DIS): FQ1 EPS of $0.44 beats by $0.06. Earnings include impact of impairment charges and sales gain for a net -$0.03/share. Revenue of $9.74B (+1%) vs. $9.66B. Media Networks sales +7% to $4.175B. Parks and resorts sales flat; studio sales -1% to $1.935B. Shares +1.9% AH. (PR) Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41835?source=feed 41835 Post your comment!]]> Tue, 09 Feb 2010 16:03:21 -0500 SeekingAlpha -0.6% to 118-07; 10-year -0.25%; 2-year -0.07%. The euro +0.9% against the dollar; pound +0.7%; Swiss franc +0.8%; Aussie dollar +1%; loonie +0.8%; yen -0.4%. Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41834?source=feed 41834 Post your comment!]]> Tue, 09 Feb 2010 16:02:04 -0500 SeekingAlpha +1.5% (+150.17) to 10,058.56; S&P 500 +1.3% (+13.77) to 1,070.51; Nasdaq +1.2% (+24.82) to 2,150.87. Crude +2.6% to $73.79. Gold +1.1% to $1,078.10. Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41833?source=feed 41833 Post your comment!]]> Tue, 09 Feb 2010 15:52:56 -0500 SeekingAlpha will be delayed, and monthly budget figures will be delayed until Friday at the earliest. Energy Department reports are also delayed. Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41832?source=feed 41832 7 comments!]]> Tue, 09 Feb 2010 15:41:50 -0500 SeekingAlpha inched up to 1,232 (a 16% gain from today) from 1,225 - with HSBC and Bank of Montreal thinking 1300 and 1200 respectively. 7 comments!]]> http://seekingalpha.com/news/market_currents/post/41831?source=feed 41831 1 comment!]]> Tue, 09 Feb 2010 15:27:25 -0500 SeekingAlpha WMT) and Amazon.com (AMZN) led a push in online shopping in the fourth quarter - which rose 2.6% Y/Y to $39B, according to ComScore. More shoppers clicked "buy" while the average amount per shopper declined. Full-year e-commerce spending was $129.8B, just short of 2008's $130.1B. 1 comment!]]> http://seekingalpha.com/news/market_currents/post/41830?source=feed 41830 Post your comment!]]> Tue, 09 Feb 2010 15:18:27 -0500 SeekingAlpha SLX +4.9%. Gold Miners– GDX +4.4%. Coal– KOL +3.8%. Agribusiness– MOO +3.6%. Basic Materials– IYM +3.1%. Heating Oil– UHN +3.1%. Oil– USO +3%.
Sector ETF weakness: Livestock– COW -0.3%. Real Estate– IYR -0.3%. Agriculture– DBA -0.04%. Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41829?source=feed 41829 Post your comment!]]> Tue, 09 Feb 2010 15:17:07 -0500 SeekingAlpha CAT +6%. BA +3.9%. KO +3.3%.
Dow laggard: MRK -0.03%. Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41736?source=feed 41736 Post your comment!]]> Tue, 09 Feb 2010 15:15:00 -0500 SeekingAlpha DIS Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41828?source=feed 41828 Post your comment!]]> Tue, 09 Feb 2010 15:13:59 -0500 SeekingAlpha three-year note auction: 30-year futures -0.53% to 118-10; 10-year -0.21%; 2-year -0.07%. Euro now +0.9% against dollar; pound +0.7%; Swiss franc +0.8%; yen -0.4%. Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41827?source=feed 41827 Post your comment!]]> Tue, 09 Feb 2010 15:06:04 -0500 SeekingAlpha +1.8% to 10,089; S&P 500 +1.5% to 1,072; Nasdaq +1.3% to 2,153. Crude +2.6%. Silver +2.6%. Copper +2.8%. Gold +1%. Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41826?source=feed 41826 Post your comment!]]> Tue, 09 Feb 2010 14:53:52 -0500 SeekingAlpha successful launch of its platinum (PPLT) and palladium (PALL) ETFs, ETF Securities has filed to launch the first fund for U.S. investors that would hold a basket of physical bullion: gold, silver, platinum and palladium. Without a bullion limit, shares are expected to be continuously issued. Post your comment!]]> http://seekingalpha.com/news/market_currents/post/41825?source=feed 41825 1 comment!]]> Tue, 09 Feb 2010 14:40:19 -0500 SeekingAlpha uses euros instead of dollars. If you're outside of Europe, root for the best outcome, a rescue that creams France and Germany. 1 comment!]]> http://seekingalpha.com/news/market_currents/post/41824?source=feed 41824 3 comments!]]> Tue, 09 Feb 2010 14:31:00 -0500 SeekingAlpha get every penny we put into the banks back and then with a profit ... I think when you look at all the other programs we may be surprised at what we get back" - book-touring former Treasury Sec. Henry Paulson at a meeting of the Greater Omaha Chamber, responding to a question from an in-sync Warren Buffett. 3 comments!]]>