Cascade Reports Mixed Results
- Length: 0:42
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- Author: FinancialNewsOnline
Cascade (NYSE:CAE) reported fiscal Q4 EPS of $0.21, beating estimates by $0.02. Revenues in the quarter rose 8.8% year-over-year to $506.7 million, missing estimates by $6 million. SmarTrend currently has Cascade in an Uptrend. Since 2008, SmarTrend subscribers trading Cascade using our alerts outperformed the stock by 54%. We are monitoring these developments and will alert subscribers to any change in trend.
Financial News Wed May 23rd 2012 - Facebook IPO, Greek Exit, Shakil Afridi
- Length: 3:2
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- Author: CorporateProfile
The Wall Street Journal reports, Facebook shares rose as the stock seeks to reverse its two-day losing streak. Facebook lost 19% of its value over the last two days, as investors sought to make sense of what led to the company's disappointing IPO. Bankers on the deal lowered their earnings estimate in the middle of the share sale, even as the company decided to increase the size of the offering. The mess has now led to the filing of several lawsuits, against Facebook and Morgan Stanley, as well as regulatory agencies saying, they plan to investigate the handling of the most heavily traded IPO ever. Some analysts on Wall Street have called the stock's two-day slide overblown. Needham Research initiated coverage today on Facebook with a $40 price target—$2 above the company's IPO price—noting the massive amount of time, users spend on the network. Gotta admit I am one of them! Reuters reports, Euro zone officials have told members of the currency area, to prepare contingency plans in case Greece decides to quit the bloc, an eventuality which Germany's central bank said, would be "manageable". Three officials said, the instruction was agreed on Monday, by a teleconference of the Eurogroup Working Group - experts who work on behalf of the bloc's finance ministers. The news comes at a highly sensitive time, just hours before EU leaders gather to try to breathe life into their struggling economies, at a summit over dinner on Wednesday. Bloomberg reports, A Pakistani doctor who ...
Market Trend Signal - Trading ETF's - Contra ETF Signals
- Length: 0:34
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- Author: markettrendsignal
www.markettrendsignal.com - What exactly is an exchange-traded fund (ETF)? -Exchange-traded- refers to shares that trade all day long on the major stock market exchanges (just like regular stocks). -Funds- are investing vehicles that hold dozens, hundreds, or even thousands of companies under one umbrella unified by a particular investing theme (such as companies that comprise the Dow or ones whose main business is in the biotech industry). Like any other publicly traded company, ETFs have ticker symbols (snappy ones, in fact, like Cubes, Spiders, and Diamonds). But instead of typing -MSFT- to buy Microsoft, for example, you enter -DIA- for the Dow Jones Industrial Trust, or -Diamond- ETF. Do you need diamonds in your portfolio?
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