| Commentary Stocks May Move Sharply Higher On News Of Europe Deal - U.S. Commentary With traders reacting to news of a potential resolution of the European debt crisis, stocks are likely to move sharply higher at the start of trading on Thursday. The major index futures are currently pointing to a significantly higher open for the markets, with the Dow futures up by 234 points. (Oct 27, 2011) Full Article    Economic News RBNZ Leaves Cash Rate At 2.50% The Reserve Bank of New Zealand Thursday left its Official Cash Rate unchanged at 2.50 percent. (Oct 27, 2011) Full Article South Korea GDP Up 0.7% In Q3 South Korea's gross domestic product added 0.7 percent in the third quarter of 2011 compared to the previous three months, the Bank of Korea said on Thursday - the slowest rate of gain in three quarters. (Oct 27, 2011) Full Article New Zealand Trade Balance In Red For Second Month New Zealand posted a trade deficit for a second consecutive month in September as imports jumped largely due to higher purchases of petroleum and products, data from Statistics New Zealand showed Thursday. (Oct 27, 2011) Full Article EU Works Out 50% Greek Debt Writedown, To Enhance Rescue Fund The leaders of the European Union has finally struck a deal to pull the region out of its worst crisis since the World War II. (Oct 27, 2011) Full Article BoJ Expands Asset Purchases, Leaves Key Rate Unchanged The Bank of Japan on Thursday decided to lift its asset purchase program by JPY 5 trillion as the yen continued to strengthen against the dollar, dampening exports and recovery. (Oct 27, 2011) Full Article Eurozone Economic Confidence Near 2-Year Low Eurozone economic confidence dropped slightly in October to reach a 22-month low, suggesting that mounting debt crisis and weak growth outlook would possibly push the economy back into recession. (Oct 27, 2011) Full Article U.S. GDP Increases In Line With Estimates In Q3 With U.S. consumer spending increasing at a much faster rate in the third quarter, the Commerce Department released a report on Thursday showing that the pace of gross domestic product growth during the quarter accelerated in line with economist estimates. (Oct 27, 2011) Full Article U.S. Weekly Jobless Claims Edge Down To 402,000 New unemployment claims in the United States ticked down slightly in the week ended October 22nd, according to figures released Thursday by the Labor Department. On a seasonally adjusted basis, initial claims for unemployment insurance came in at 402,000 for the week, a slight decrease from the previous week's revised level of 404,000. (Oct 27, 2011) Full Article Earnings News CA Technologies Q2 Profit Edges Up; Revises 2012 Financial Outlook CA Technologies (CA) said Wednesday second-quarter profit went up year-over-year thanks to higher subscription and maintenance revenues. The company also lifted its fiscal 2012 earnings outlook but lowered the revenue growth guidance. (Oct 27, 2011) Full Article Visa Q4 Profit Rises Visa Inc. (V) Wednesday posted a rise in fourth-quarter profit as a result of "strong" contributions to revenues from all categories. Earnings topped the Street view, but revenues missed. The company also affirmed its fiscal 2012 earnings and revenues growth targets. (Oct 27, 2011) Full Article Aflac Q3 Profit Up Aflac Inc. (AFL) announced Wednesday a higher third-quarter profit with revenues improving on the benefit from a stronger yen/dollar exchange rate. Both operating earnings and revenues beat analysts' estimates. The company also guided on fourth-quarter earnings, with an estimate below Street consensus. (Oct 27, 2011) Full Article Symantec Q2 Profit Climbs Symantec Corp. (SYMC) announced Wednesday an increase in second-quarter profit driven by growth in enterprise security and backup. Adjusted earnings were on par with analysts' estimates but revenues topped. The company also issued its third-quarter financial outlook, with an earnings estimate missing or matching consensus, and a revenues estimate falling short. (Oct 27, 2011) Full Article BMC Software Q2 Profit Slides BMC Software Inc. (BMC) Wednesday reported a lower second-quarter profit as higher operating expenses and tax provision offset the 10.8 percent growth in revenues. Adjusted earnings and revenues, however, went up from last year and topped the market view. The company also trimmed its fiscal 2012 earnings outlook. (Oct 27, 2011) Full Article Norfolk Southern Q3 Profit Jumps Norfolk Southern Co. (NSC) Wednesday reported a 24 percent rise in third-quarter profit as higher per unit revenues pushed railway operating revenues up 18 percent. Earnings topped market estimates but revenues were on par. (Oct 27, 2011) Full Article AstraZeneca Q3 Profit Soars; Lifts 2011 Core EPS View AstraZeneca plc (AZN, AZN.L) Thursday posted a sharp rise in third-quarter profit, reflecting gains from the sale of Astra Tech and also prior year legal provisions. Core earnings exceeded Street expectations, but revenues fell short. The company also upped its 2011 core earnings target. (Oct 27, 2011) Full Article Royal Dutch Shell Q3 Profit Skyrockets Royal Dutch Shell plc (RDS-A, RDS-B, RDSA.L, RDSB.L) reported Thursday a surge in third-quarter income thanks to higher oil and gas production, increased oil prices and rise in Chemicals earnings. (Oct 27, 2011) Full Article France Telecom-Orange Q3 Revenues Drop France Telecom-Orange (FTE) said Thursday third-quarter revenues fell year-over-year with a drop in mobile device sales in France. (Oct 27, 2011) Full Article PotashCorp Q3 Profit Surges Potash Corp. of Saskatchewan Inc. (POT) announced Thursday a sharply higher third-quarter profit on wider margins and strong global fertilizer demand. The company also maintained its 2011 earnings guidance. (Oct 27, 2011) Full Article Aetna Q3 Profit Dips But Raises 2011 Operating EPS View Aetna Inc. (AET) reported Thursday a marginally lower third-quarter profit on a one-time charge related to a voluntary early retirement program. However, both operating earnings and revenues exceeded Street expectations. The company also raised its 2011 operating earnings guidance above Street consensus. (Oct 27, 2011) Full Article Starwood Hotels Swings to Q3 Profit; Lifts 2011 Adj. EPS Guidance Starwood Hotels & Resorts Worldwide Inc. (HOT) Thursday announced a third-quarter profit on the back of higher room revenues and also one-time gains. Both adjusted earnings and revenues topped the market view. The company also upped its 2011 earnings outlook. (Oct 27, 2011) Full Article Colgate-Palmolive Q3 Profit Up Colgate-Palmolive Co. (CL) Thursday said third-quarter profit went up year-over-year on higher global unit volume and pricing and also the positive impact of foreign exchange. The results topped the Street view. (Oct 27, 2011) Full Article Procter & Gamble Q1 Profit Down The Procter & Gamble Co. (PG) posted Thursday a 2 percent drop in first-quarter profit due to higher expenses. However, a lower share count pushed per-share earnings up and on par with analysts' estimates. The company also issued its second-quarter earnings outlook, with an estimate missing consensus. (Oct 27, 2011) Full Article Bristol-Myers Squibb Q3 Profit Edges Up; Refines 2011 EPS, Adj. EPS Guidance Bristol-Myers Squibb Co. (BMY) Thursday reported a rise in third-quarter profit as a result of "strong" growth in both US and international revenues. Both adjusted earnings and revenues topped market expectations. The company also refined its 2011 earnings and adjusted earnings guidance. (Oct 27, 2011) Full Article United Continental Holdings Q3 Profit Up United Continental Holdings Inc. (UAL) said Thursday third-quarter profit went up on the back of sharply higher mainline passenger revenues. Adjusted earnings per share, however, missed estimates, while revenues topped. (Oct 27, 2011) Full Article Exxon Mobil Q3 Profit Rises Exxon Mobil Corp. (XOM) Thursday announced a jump in third-quarter profit thanks to higher crude oil and natural gas realizations and improved refining margins. Adjusted earnings were on par with the Street view, but revenues surpassed. (Oct 27, 2011) Full Article Corporate News Sony to Buyout Ericsson's Stake in Sony Ericsson for EUR1.05 bln Sony Corp. (SNE, SON.L) Thursday jointly announced with LM Ericsson Telephone Co. (ERIC), or Ericsson, an agreement which sees Sony acquire Ericsson's 50 percent stake in their joint venture Sony Ericsson Mobile Communications AB for a cash consideration of 1.05 billion euros. The transaction gives Sony "broad IP cross-licensing agreement" along with the "ownership of five patent families", and is expected to close in January 2012. (Oct 27, 2011) Full Article Broker Ratings Changes FBR Capital Markets Cuts Visa Inc. (V) To Market Perform From Outperform With $96 Price Target (Oct 27, 2011) Todays WS Events Aetna Q3 11 Earnings Conference Call At 8:30 AM ET Aetna Inc. (AET)will host a conference call at 8:30 AM ET October 27, 2011, to discuss its Q3 11 earnings results. To access the live webcast, log on at www.aetna.com A call can be accessed by dialing 888-401-4685 (US) or +1-719-457-2710 (International) with passcode: 7249513. For replay a call, dial 888-203-1112 (US) or +1-719-457-0820 (International); passcode: 7249513. (Oct 27, 2011) Altria Group Q3 11 Earnings Conference Call At 9:00 AM ET Altria Group Inc. (MO) will host a conference call at 9:00 AM ET October 27, 2011, to discuss its Q3 11 earnings results. To access the live webcast, log on at www.altria.com (Oct 27, 2011) AMD Q3 11 Earnings Conference Call At 5:00 PM ET Advanced Micro Devices Inc. (AMD) will host a conference call at 5:00 PM ET on October 27, 2011 to discuss its Q3 11 earnings results. To access the live webcast, log on at http://ir.amd.com/phoenix.zhtml?c=74093&p=irol-EventDetails&EventId=4161892 (Oct 27, 2011) Bristol-Myers Squibb Q3 11 Earnings Conference Call At 10:30 AM ET Bristol-Myers Squibb Co. (BMY) will host a conference call at 10:30 AM ET on October 27, 2011 to discuss its Q3 11 earnings results. To listen to the live webcast, log on at http://investor.bms.com To hear the live call, dial 913-312-6687 with passcode 4909111. A replay of the call can be heard by dialing 402-280-9013 with passcode 4909111. (Oct 27, 2011) Coca-Cola Enterprises Q3 11 Earnings Conference Call At 10:00 AM ET Coca-Cola Enterprises Inc. (CCE) will host a conference call at 10:00 AM ET on October 27, 2011 to discuss its Q3 11 earnings results. To access the live webcast, log on at www.cokecce.com (Oct 27, 2011) Colgate-Palmolive Q3 11 Earnings Conference Call At 11:00 AM ET Colgate-Palmolive Co. (CL) will host a conference call at 11:00 AM ET on October 27, 2011, to discuss Q3 11 earnings results. To access the live webcast, log on to www.colgate.com (Oct 27, 2011) Exxon Mobil Q3 11 Earnings Conference Call At 11:00 AM ET Exxon Mobil Corp. (XOM) will host a conference call at 11:00 AM ET on October 27, 2011 to discuss its Q3 11 earnings results. To access the webcast, log on at www.exxonmobil.com To hear the call, dial 888-211-9963 (US) or 913-312-0713 (International) with confirmation code 2672405. (Oct 27, 2011) Gilead Sciences Q3 11 Earnings Conference Call At 5:00 PM ET Gilead Sciences Inc. (GILD) will host a conference call at 5:00 PM ET on October 27, 2011, to discuss Q3 11 earnings results. To access the live webcast, log on to www.gilead.com To listen to the call, dial 1-866-730-5765 (US) or 1-857-350-1589 (International) with passcode 52967950. For a replay call, dial 1-888-286-8010 (US) or 1-617-801-6888 (International) with passcode 50031971. (Oct 27, 2011) International Paper Q3 11 Earnings Conference Call At 9:00 AM ET International Paper (IP) will host a conference call at 9:00 AM ET on October 27, 2011 to discuss its Q3 11 earnings results. To access the live webcast, log on at www.internationalpaper.com To hear the live call, dial +1 (706) 679-8242 or (877) 316-2541 with ID 12353760. A replay of the call can be heard by dialing +1 404-537-3406 or (855) 859-2056 with ID 12353760. (Oct 27, 2011) Johnson Controls Q4 11 Earnings Conference Call At 11:00 AM ET Johnson Controls Inc. (JCI) will host a conference call at 11:00 AM ET on October 27, 2011, to discuss its Q4 11 earnings result. To access the webcast, www.johnsoncontrols.com (Oct 27, 2011) KLA-Tencor Q1 12 Earnings Conference Call At 5:00 PM ET KLA-Tencor Corp. (KLAC) will host a conference call at 5:00 PM ET on October 27, 2011, to discuss Q1 12 earnings results. To access the live webcast, log on to http://ir.kla-tencor.com (Oct 27, 2011) Moody`s Q3 11 Earnings Conference Call At 11:30 AM ET Moody`s Corp. (MCO) will host a conference call at 11:30 AM ET on October 27, 2011, to discuss Q3 11 earnings results. To access the webcast, log on to http://ir.moodys.com To listen to the call, dial 1-800-289-0722 (US) or +1-913-905-3198 (International) with passcode "Moody's Corporation." For a replay call, dial 888-203-1112 (US) or +1-719-457-0820 (International) with confirmation code 9202906. (Oct 27, 2011) P&G Q1 12 Earnings Conference Call At 8:30 AM ET The Procter & Gamble Company (PG) will host a conference call at 8:30 AM ET, October 27, 2011, to discuss its Q1 12 earnings results. To access the live audio webcast, log on at www.pg.com/investors (Oct 27, 2011) Verisign Q3 11 Earnings Conference Call At 4:30 PM ET Verisign Inc. (VRSN) will host a conference call at 4:30 PM ET on October 27, 2011 to discuss its Q3 11 earnings results. To access the live webcast, log on at www.verisigninc.com To hear the live call, dial (888) 676-VRSN (US) or (913) 312-0421 (International). A replay of the call can be heard by dialing (888) 203-1112 or (719) 457-0820 with passcode 5408944. (Oct 27, 2011) | 
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AutoForexTradingPro
