Technicals

Bearish MACD for Foster Wheeler – Tale of the Tape (FWLT)

Foster Wheeler AG ’s ( FLWT ) MACD indicator has entered into bearish territory with a reading of -0.1525. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $19.78 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has decreased by 14 cents over the past week to $1.53 per share […]

Stock Analysts

Macy’s October Sales Rise (JCP) (M)

Macy’s, Inc. ( M ), one of the leading department store retailers in the United States, recently posted lower-than-expected sales results for the four-week period ended October 29, 2011. The underperformance resulted from a modest growth in the month of October due to the shift of Macy’s Shop For A Cause charity shopping event to August this year from October in the prior year. […]

Stock Analysts

FTI Outperforms, Reaffirms Outlook (CRAI) (FCN) (NCI)

FTI Consulting Inc. ’s ( FCN ) third quarter 2011 earnings of 70 cents per share were well above the Zacks Consensus Estimate of 60 cents and the year-ago performance of 43 cents. Total revenue in the reported quarter jumped 20% year over year to $413.8 million, outpacing the Zacks Consensus Estimate of $384.0 million […]

Stock Analysts

CNQ Beats, Earnings Rise (CNQ) (ECA) (SU)

Independent oil and gas explorer Canadian Natural Resources Ltd. ( CNQ ) reported robust third-quarter results, buoyed by higher liquids prices amid the successful resumption of Synthetic Crude Oil (“SCO”) sales from its ‘Horizon’ project in the Athabasca oil sands play of northern Alberta. […]

Stock Analysts

Costs, Weather Hurt Northeast Utilities (NI) (NU)

Diversified utility Northeast Utilities’ ( NU ) third quarter 2011 operating earnings of 51 cents per share came in short of the Zacks Consensus Estimate of 55 cents. Operating net income in the quarter totaled $90.6 million. The earnings miss is mainly attributable to the lower operating results on account of a decline in retail electric sales as well as higher pension and other employee benefit costs and effective tax rate. […]

Mergers & Acquisitions

Dover Acquires Advansor A/S

Dover Acquires Advansor A/S Expands Presence in Refrigeration Equipment Market Enhances Offerings Which Help Customers Reduce Their Carbon Footprint and Operational Costs PR Newswire DOWNERS GROVE, Ill., Nov. 7, 2011 DOWNERS GROVE, Ill. […]

Economic Data

Nov 7: Italy Under Pressure – Economic Highlights

With the economic calendar today and the rest of this week relatively on the thin side, the market will likely reflect developments in Europe. The Greek situation appears to have stabilized following the end of the referendum affair and the weekend decision by the prime minister, George Papandreau, to step down in favor of a unity government. Such a unity government is expected to rubber-stamp the latest bailout deal and get on with the politically unpopular act of implementing it. […]

Stock Analysts

Focus Shifts to Italy (ADPI) (FRPT) (GD) (PCLN)

With the economic calendar today and the rest of this week on the relatively thin side, the market will likely reflect developments in Europe. The Greek situation appears to have stabilized following the end of the referendum affair and the weekend decision by the prime minister, George Papandreau, to step down in favor of a unity government. Such a unity government is expected to rubber-stamp the latest bailout deal and get on with the politically unpopular act of implementing it. […]

Economic Data

Ahead of Wall Street – November 7, 2011 – Ahead of Wall Street

Monday, November 7, 2011 With the economic calendar today and the rest of this week relatively on the thin side, the market will likely reflect developments in Europe. The Greek situation appears to have stabilized following the end of the referendum affair and the weekend decision by the prime minister, George Papandreau, to step down in favor of a unity government. […]