| Commentary Stocks May Experience Choppy Trading On Mixed Earnings News - U.S. Commentary With traders digesting a mixed batch of earnings news, stocks may show a lack of direction in early trading on Tuesday. The major index futures are currently pointing to a mixed open for the markets, with the Dow futures down by 14 points and the Nasdaq futures up by 2 points. (Oct 25, 2011) Full Article    Economic News New Zealand Inflation Eases More Than Forecast Inflation in New Zealand slowed more than expected in the September quarter, leaving ample room for the central bank to keep its policy on hold until the instability overseas, particularly in Europe, abates, data from Statistics New Zealand showed Tuesday. (Oct 25, 2011) Full Article German, French Consumer Confidence Unexpectedly Improves German consumer confidence is set to improve slightly in November due to strong labor market conditions, while consumers in France turned less pessimistic in October as their expectations on the economy improved, despite the euro area debt crisis and rising fears of recession, results of separate surveys showed Tuesday. (Oct 25, 2011) Full Article India's Central Bank Hikes Policy Rates By 25 Bps India's central bank decided on Tuesday to lift its key policy rates by 25 basis points as expected, to tame persistently high inflation, while signaling an end to the monetary policy tightening on expectations of slowing inflationary pressure in coming months. (Oct 25, 2011) Full Article BoE's Quantitative Easing Unlikely To Boost Bank Lending The latest round of quantitative easing will not guarantee an increase in bank lending to businesses and households, but it has reduced the intensity of the decline in lending, Bank of England Governor Mervyn King told lawmakers on Tuesday. (Oct 25, 2011) Full Article Earnings News Amgen Q3 Profit Plummets; Ups 2011 EPS View Amgen Inc. (AMGN) Monday posted a sharply lower third-quarter profit reflecting the impact of legal settlement expenses. Adjusted earnings and revenues, however, increased year-over-year and topped market expectations. The company also raised its 2011 earnings outlook. (Oct 25, 2011) Full Article Texas Instruments Q3 Profit Drops Texas Instruments Inc. (TXN) Monday said third-quarter profit dropped year-over-year on the impact of acquisition costs, narrower margins and weak demand. Earnings missed the Street view, while revenues exceeded expectations. (Oct 25, 2011) Full Article Netflix Q3 Profit Soars Netflix Inc. (NFLX) reported Monday a surge in third-quarter profit thanks to a 44 percent jump in US domestic revenues. The results beat analysts' estimates. The company also issued its fourth-quarter earnings guidance, with an estimate below analysts' consensus. (Oct 25, 2011) Full Article UBS Q3 Profit Drops Switzerland-based UBS AG (UBS) said Tuesday third-quarter profit dropped year-over-year reflecting a hefty loss due to unauthorized trading nearly compensated by a hefty own credit gain, and also lower invested assets and exchange rate volatility. (Oct 25, 2011) Full Article Deutsche Bank Swings to Q3 Profit Deutsche Bank AG (DB) Tuesday announced a third-quarter profit, compared to the prior-year loss, which was largely due to the impact of the consolidation of Deutsche Postbank AG. (Oct 25, 2011) Full Article BP Q3 Profit Surges BP plc (BP, BP.L, BP_UN.TO) reported Tuesday a surge in third-quarter profit due to proceeds from asset disposals and also higher Refining and Marketing revenues. (Oct 25, 2011) Full Article Novartis Q3 Profit Edges Up; To Trim 2000 Jobs Novartis AG (NVS) Tuesday posted a higher third-quarter profit thanks to the strength of recently launched products. The company also outlined further cost reduction activity that is expected to see the trimming of 2000 positions and the closure of three sites located in Switzerland and Italy. (Oct 25, 2011) Full Article Xerox Q3 Profit Rises Xerox Corp. (XRX) Tuesday reported a rise in third-quarter profit on the back of wider margins and higher revenues. Adjusted earnings exceeded market expectations, but revenues fell short. The company also issued its fourth-quarter earnings forecast, and narrowed its full-year earnings outlook. (Oct 25, 2011) Full Article Canadian Pacific Railway Q3 Profit Falls Canadian Pacific Railway Ltd. (CP, CP.TO) Tuesday posted a lower third-quarter profit on the impact of higher average fuel price and also expenses related to early redemption of its 2013 Notes. (Oct 25, 2011) Full Article 3M Q3 Profit Slumps; Slashes 2011 Financial Guidance 3M Inc. (MMM) said Tuesday third-quarter profit declined as higher expenses and tax offset the all-round growth in sales. The results fell short of market estimates. The company also trimmed its 2011 earnings and sales growth estimates. (Oct 25, 2011) Full Article UPS Q3 Profit Up; Backs 2011 Adj. EPS Outlook United Parcel Service Inc. (UPS) announced Tuesday a higher third-quarter profit thanks primarily to margin improvements in the US Domestic and Supply Chain & Freight segments. Earnings beat the Street view, but revenues were on par. The company also reiterated its 2011 adjusted earnings outlook. (Oct 25, 2011) Full Article DuPont Q3 Profit Jumps; Revises 2011 Adj. EPS Outlook El DuPont de Nemours & Co. (DD) announced Tuesday a jump in third-quarter profit largely due to higher local prices and currency benefit. Both adjusted earnings and revenues beat analysts' estimates. The company also revised its 2011 adjusted earnings outlook. (Oct 25, 2011) Full Article Broker Ratings Changes FBR Capital Markets Initiates Isle Of Capris Casinos Inc (ISLE) At Market Perform With $5 Price Target (Oct 25, 2011) FBR Capital Markets Initiates Pinnacle Entertainment Inc (PNK) At Outperform With $15 Price Target (Oct 25, 2011) Robert W. Baird Cuts Hub Group Inc. (HUBG) To Neutral From Outperform With $36 up from $35 Price Target (Oct 25, 2011) Robert W. Baird Downgrades Landstar System Inc. (LSTR) To Neutral From Outperform With $51 up from $48 Price Target (Oct 25, 2011) Todays WS Events 3M Q3 11 Earnings Conference Call At 9:00 AM ET 3M Co. (MMM) will host a conference call at 9:00 AM ET on October 25, 2011, to discuss its Q3 11 earnings results. To access the webcast, log on at http://investor.3M.com To hear the live call, dial (800) 762-2596 (US) or +1 (212) 231-2916 (International). A replay of the call can be heard by dialing (800) 633-8284 with access code 21486214. (Oct 25, 2011) Amazon.com Q3 11 Earnings Conference Call At 5:00 PM ET Amazon.com, Inc. (AMZN) will host a conference call at 5:00 PM ET on October 25, 2011 to discuss its Q3 11 earnings results. To access the live webcast, log on at www.amazon.com/ir (Oct 25, 2011) EI DuPont De Nemours Q3 11 Earnings Conference Call At 9:00 AM ET EI DuPont De Nemours & Co. (DD) will host a conference call at 9:00 AM ET on October 25, 2011, to discuss Q3 11 earnings results. To access the live webcast log on to http://www.investors.dupont.com/phoenix.zhtml?c=73320&p=irol-calendar (Oct 25, 2011) Illinois Tool Works Q3 11 Earnings Conference Call At 10:00 AM ET Illinois Tool Works Inc. (ITW) will host a conference call at 10:00 AM ET on October 25, 2011 to discuss its Q3 11 earnings results. To access the audio webcast, log on at www.itw.com To hear the live call, dial 517-319-9297 with passcode ITW. A replay of the call can be heard by dialing 203-369-0637. (Oct 25, 2011) Office Depot Q3 11 Earnings Conference Call At 9:00 AM ET Office Depot Inc. (ODP) will host a conference call at 9:00 AM ET October 25, 2011, to discuss its Q3 11 earnings results. To access the live webcast, log on at http://investor.officedepot.com (Oct 25, 2011) Sherwin-Williams Q3 11 Earnings Conference Call At 11:00 AM ET The Sherwin-Williams Company (SHW) will host a conference call at 11:00 AM ET on October 25, 2011 to discuss its Q3 11 earnings results. To listen to the webcast, log on at www.sherwin.com (Oct 25, 2011) United States Steel Q3 11 Earnings Conference Call At 2:00 PM ET United States Steel Corp. (X) will host a conference call at 2:00 PM ET on October 25, 2011, to discuss Q3 11 earnings results. To access the webcast log on to www.ussteel.com (Oct 25, 2011) | 
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AutoForexTradingPro
