| Commentary Stocks May Move Modestly Lower At The Start Of Trading - U.S. Commentary After moving sharply higher over the course of the previous session, stocks may give back some ground in early trading on Friday. The major index futures are currently pointing to a modestly lower open for the markets, with the Dow futures down by 45 points. (Nov 4, 2011) Full Article    Economic News RBA Cuts GDP, Inflation Forecasts Amid European Crisis The Reserve Bank of Australia, or RBA, on Friday reduced its forecasts for economic growth and inflation, reflecting recent developments in both the domestic and global economies. (Nov 4, 2011) Full Article German Factory Orders Plunge In September German factory orders declined unexpectedly in September due to a sharp drop in demand from the euro area, data from the Federal Ministry of Economy and Technology showed Friday. (Nov 4, 2011) Full Article U.S. Economy Adds 80,000 Jobs In October, Fewer Than Expected The U.S. economy added fewer jobs than expected in October though the unemployment rate dipped slightly, according to figures released Friday by the Labor Department. A net of 80,000 new jobs were created in October, according to the figures, as private sector job growth was able to overcome a continued loss of government employment. The private sector added 104,000 jobs in October, offsetting the loss of 24,000 government jobs, 16,000 of which were state government employees. (Nov 4, 2011) Full Article Eurozone Oct. Producer Price Inflation Remains Stable Producer price inflation in the euro area remained unchanged in September, in line with economists' expectations, as an acceleration in energy prices was largely offset by a slowdown in intermediate prices. (Nov 4, 2011) Full Article Earnings News Starbucks Q4 Profit Rises Starbucks Corp. (SBUX) Thursday posted a rise in third-quarter profit thanks to higher traffic and average ticket, which pushed up global comparable store sales 9 percent. Both adjusted earnings and revenues exceeded Street expectations. The company also issued its fiscal 2012 earnings guidance, with an estimate missing or matching consensus. (Nov 4, 2011) Full Article CBS Q3 Profit Climbs CBS Corp. (CBS, CBS-A) Thursday announced a higher third-quarter profit thanks primarily to growth in content licensing and distribution revenues. Adjusted earnings topped the market view, but revenues missed. (Nov 4, 2011) Full Article AIG Q3 Loss Widens American International Group Inc. (AIG) said Thursday third-quarter loss widened year-over-year on the impact of hefty equity and property catastrophe losses and also an impairment in its aircraft leasing unit. (Nov 4, 2011) Full Article Fluor Swings to Q3 Profit Fluor Corp. (FLR) reported Thursday a third-quarter profit, compared to the prior-year loss on the impact of a large one-time charge. The results fell short of market estimates. The company also tightened its 2011 earnings outlook and issued its 2012 earnings guidance. (Nov 4, 2011) Full Article Alcatel-Lucent Q3 Profit Surges Alcatel-Lucent SA (ALU) posted Friday a surge in third-quarter profit on lower operating expenses and a large tax gain. (Nov 4, 2011) Full Article Royal Bank of Scotland Posts Q3 Profit Royal Bank of Scotland plc (RBS, RBS.L) Friday reported a third-quarter profit as a result of a hefty fair value gain on own debt. Core net interest income however, declined due to the Global Banking and Markets unit maintaining a "cautious risk appetite". (Nov 4, 2011) Full Article Smith & Nephew Q3 Profit Drops Smith & Nephew plc (SNN, SN.L) Friday said third-quarter profit declined on the impact of lower margins in the Orthopedics business. Adjusted earnings fell short of the market view, but revenues beat. The company added that its 2011 revenues outlook was unchanged. (Nov 4, 2011) Full Article AES Sinks to Q3 Loss The AES Corp. (AES) reported Friday a third-quarter loss reflecting unrealized foreign currency losses. Adjusted earnings however increased year-over-year on the strength of new business. (Nov 4, 2011) Full Article AES Sinks to Q3 Loss The AES Corp. (AES) reported Friday a third-quarter loss reflecting unrealized foreign currency losses. Adjusted earnings however increased year-over-year on the strength of new business. (Nov 4, 2011) Full Article Corporate News Groupon Prices 35 mln Share IPO at $20/shr Groupon Inc. (GRPN) Thursday announced a price of $20 per share for its initial public offering of 35 million shares. The company's shares are expected to begin trading on the Nasdaq Global Select market from November 4, 2011 using the ticker GRPN. (Nov 4, 2011) Full Article Broker Ratings Changes FBR Capital Markets Raises Cogent Communications Group Inc. (CCOI) To Market Perform From Underperform With $13 up from $10 Price Target (Nov 4, 2011) Todays WS Events AES Q3 11 Earnings Conference Call At 10:00 AM ET The AES Corporation (AES) will host a conference call at 10:00 AM ET on November 4, 2011 to discuss its Q3 11 earnings results. To access the live webcast, log on at www.aes.com To hear the live call, dial 1-800-857-6557 (US) or +1-415-228-4653 (International) with passcode 11411. A replay of the call can be heard by dialing 1-800-945-5496 (US) or +1-402-220-1468 (International) with passcode 11411. (Nov 4, 2011) AIG Q3 11 Earnings Conference Call At 8:00 AM ET American International Group, Inc. (AIG) will host a conference call at 8:00 AM ET on November 4, 2011 to discuss its Q3 11 earnings results. To listen to the live webcast, log on at www.aig.com (Nov 4, 2011) Chesapeake Energy Q3 11 Earnings Conference Call At 9:00 AM ET Chesapeake Energy Corp. (CHK) will host a conference call at 9:00 AM ET on November 4, 2011 to discuss its Q3 11 earnings results. To access the live webcast, log on at www.chk.com To hear the live call, dial 913-312-1463 or 888-778-8861 with passcode 5544489. A replay of the call can be heard by dialing 719-457-0820 or 888-203-1112 with passcode 5544489. (Nov 4, 2011) Genworth Q3 11 Earnings Conference Call At 9:00 AM ET Genworth Financial Inc. (GNW) will host a conference call at 9:00 AM ET on November 4, 2011 to discuss its Q3 11 earnings results. To access the live webcast, log on at http://investor.genworth.com To hear the live call, dial 888 427.9376 (US) or 719 325.2302 (International). A replay of the call can be heard by dialing 888 203.1112 (US) or 719 457.0820 (International) with passcode 4736400. (Nov 4, 2011) KeyCorp To Present At Boston 2011 Conference ; Webcast At 10:00 AM ET KeyCorp (KEY) CEO, Christopher M. Gorman will present at the BancAnalysts Association of Boston 2011 Conference in Boston, MA. The event is scheduled to begin at 10:00 AM ET on November 4, 2011. To access the live audio webcast, log on at www.key.com/ir (Nov 4, 2011) Pepco Holdings Q3 11 Earnings Conference Call At 11:00 AM ET Pepco Holdings Inc. (POM) will host a conference call at 11:00 AM ET on November 4, 2011 to discuss its Q3 11 earnings results. To access the live webcast, log on at www.pepcoholdings.com/investors To hear the live call, dial 1-800-259-0251 (US) or 1-617-614-3671 (International) with passcode 56823945. A replay of the call can be heard by dialing 1-888-286-8010 (US) or 1-617-801-6888 (International) with passcode 56394463. (Nov 4, 2011) Public Storage Q3 11 Earnings Conference Call At 1:00 PM ET Public Storage (PSA) will host a conference call at 1:00 PM ET on November 4, 2011 to discuss its Q3 11 earnings results. To access the live webcast, log on at www.publicstorage.com To hear the live call, dial (866) 406-5408 (US) or (973) 582-2770 (International) with passcode 15951474 . A replay of the call can be heard by dialing (800) 585-8367 (US) or (404) 537-3406 (International) with passcode 15951474 . (Nov 4, 2011) US Bancorpto To Present At Boston Conference; Webcast At 8:15 AM ET US Bancorp (USB) CFO, Andrew Cecere will present at the BancAnalysts Association of Boston Conference. The event is scheduled to begin at 8:15 AM ET on November 4, 2011. To access the live audio webcast, log on at usbank.com (Nov 4, 2011) | 
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AutoForexTradingPro
