Georgia Gulf Corp. (GGC) traded in a narrow range during the first 45 minutes of Thursday’s session, but has since climbed steadily. The stock is now up 3.20 at $10.42.
July 31, 2009
Becton, Dickinson & Co. Is Accelerating To The Downside
Becton, Dickinson & Co.(BDX) reported third quarter EPS of $1.30 Thursday morning, which beat the consensus estimate of $1.24. The company expects to report full year 2009 EPS between $4.92 and $4.96, compared to the consensus estimate of $4.93.
Cabela’s Inc. Has Surged To A New High Following Q2 Report
Cabela’s Inc. (CAB) reported second quarter EPS of $0.14 Thursday morning, which topped the consensus estimate of $0.06.
Steven Madden Ltd. Has Broken Out To A New High On Q2 News
Steven Madden Ltd. (SHOO) reported second quarter EPS of $0.66 Thursday morning, which exceeded the consensus estimate of $0.49. The company also boosted its full year 2009 EPS guidance to between $2.05 and $2.15, from prior expectations of $1.85 to $1.95.
Omnicare Inc. Is Falling After Q2 Report
Omnicare Inc. (OCR) reported second quarter EPS of $0.64 Thursday morning, which matched the consensus estimate. The company expects to report full year 2009 EPS between $2.50 and $2.55, which is below the consensus estimate of $2.61.
American Superconductor Corp. Has Broken Out Of A Trading Range
American Superconductor Corp. (AMSC) reported first quarter EPS of $0.12 Thursday morning, which exceeded the consensus estimate of break-even earnings. The company also increased its full year 2009 EPS forecast to between $0.41 and $0.47, from prior expectations of $0.27 to $0.30.
The Yen falls as the global economic crises eases and investors take more risk
The Yen also fell versus 11 of its 16 major counterparts as an advance in Asian stocks spurred speculation investors will purchase higher-yielding assets
Sterling slides against the Dollar as investors take precaution with risky assets
The British Pound, which often tracks UK equities, stumbled to the day’s low
Technical Analysis Daily: EUR/USD
Euro/Dollar made an insignificant increasing movement on Thursday, which continued this morning. On the 1 hour chart the extended triangle formation was broken upwards and quotes tested the 1.4035 level, assuming potential bullish perspectives. The nearest support is represented by yesterday’s bottom 1.4005, the break of which may give a…
The Daily Forecaster: USDCHF
The 1.0855 support slipped a little but we finally reached the low end of the 1.0930-65 resistance. There is a steep bearish divergence in the hourly market so we should be cautious. There is support at 1.0833-45 and while this remains intact there may be room for gains back above…