Monday Morning Coffee with TradingMarkets
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Good Morning! |
Crude Rallies to New Record … Futures Pointing to Further Pullback at Open … H&R Block Profitable for First Time Since 2006, Beats Estimates … Myriad
Genetics Reports Disappointing Trials with Alzheimer’s Drug … Analysts Call Commodities Bull Market “A Bubble” … Anheuser Busch to Cut Up to 15%
Workforce to Lower Costs
If your stock trading could use a boost, then treat yourself to a free, 7-day trial to our Short Term PowerRatings. The highest rated Short Term PowerRatings stocks have outperformed the average stock by a margin of nearly 17 to 1 after five days. Click here to start your free trial today!
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TradingMarkets 5 Business Stories You Need to Know |
H&R Block Earnings Surprise to Upside – Wall Street Journal
Getting back to basics – by leaving the subprime mortgage business and emphasizing its trademark tax preparation services – helped H&R Block reach a profit for
the fourth quarter.
H&R Block is the Featured Stock in our TradingMarkets Up or Down Stock Contest. You have until 4 p.m. EST today to tell us whether you think H&R Block will be Up or Down on Tuesday. Click here to register for free for your chance to win $1,000 by correctly guessing the direction of a stock!
Aid to Airlines from Overseas? – Wall Street Journal
While U.S. airlines companies increasingly rely on mergers, pacts and increased costs to travelers to stay alive, is the more likely salvation to come from partnerships
with successful airlines from Europe and beyond?
Is the Dollar (Still) Doomed? – DailyFX
DailyFX chief strategist Kathy Lien lays out the odds for a recovery in the dollar between the Fed’s decision to stand pat and the likelihood that the European Central
Bank will soon raise its cash rate.
The Incredible Marvel Machine – Barrons
With a near endless number of superhero characters to draw from for blockbuster movies, Marvel Entertainment’s comic book-to-film success hasn’t been
without some typical business problems – including lawsuits and charges of stock manipulation.
Palm’s Treo fails to woo away devoted Blackberry users, contributing to a fourth quarter loss that was larger than expected. Gains from Palm’s new Centro were not large enough to offset losses elsewhere.
For more stories as they happen, go to our Breaking News section.
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
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Has the acquirer become the acquired? A Sanford Bernstein analyst is suggesting that Bristol Meyers Squibb
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PowerRating) may be a takeover target only a day after making an acquisition of its own in buying Kosan Biosciences Inc. - Missing analyst estimates for fourth quarter earnings and providing a less than optimistic forecast led to lower prices for shares of Palm
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PowerRating) on Friday, which were down more than 8%. - A larger than expected loss for Micron Technology
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PowerRating) led to a stampede from the stock on Friday, with shares lower by more than 12%. - Sony Ericcson – a joint venture between L.M. Ericsson Telephone ADS
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PowerRating) and Sony Corporation
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PowerRating) – announced that it would likely break even rather than produce a second quarter profit due to slowing cell phone demand. - Accenture
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PowerRating), the business technology consultancy firm reported a dramatic 36% gain in quarterly profits and provided an improved forecast for the year. - H&R Block
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PowerRating) reported earnings this morning, beating analyst estimates by seven cents.
For a list of today’s highest PowerRating stocks, click here.
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TradingMarkets 5 PowerRatings Stocks for Today |
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Company
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Symbol | PowerRatings |
| Grey Wolf | GW | 9 |
| AM Castle & Company | CAS | 9 |
| Zoll Medical Corporation. | ZOLL | 8 |
| Western Digital Corporation | WDC | 8 |
| Sybase Inc. | SY | 8 |
| View More Stocks |
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TradingMarkets Making Great Traders |
Haggerty’s Open House Extended! – TradingMarkets
Just in time for the Independence Day Holiday, TradingMarkets is extending our first ever trader’s open house featuring Kevin Haggerty’s Professional Trading
Service for another week! Expanded daily commentary, stock selections, market updates and strategy alerts … There’s still time for you to see the best of what
Kevin Haggerty puts together for traders every day. So click the headline above or call us toll free at 1-888-484-8220, extension 1.
Making Great Traders – TradingMarkets
TradingMarkets VP Eddie Kwong provides his weekly digest of the best of the week that was at TradingMarkets! From Part 2 of our interview with the Poker
Wizard of Wall Street, Aaron Brown to Patrick Yao’s discussion on how to choose between self-directed trading versus managed accounts Eddie collects it all in his weekly digest.
Options Trading with Synthetics – TradingMarkets
TradingMarkets author Dave Goodboy shows traders how to use options to gain “the benefits of stocks without the costs” in this article on synthetics.
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