Friday, February 26, 2010
Dow Chart February-26-2010 Flat Home Sales Down
Sales of previously owned U.S. homes unexpectedly dropped 7.2 percent in January to a seven-month low, indicating a lack of job growth is undermining government incentives to bolster the housing market.
The decline to an annual pace of 5.05 million, reported today by the National Association of Realtors in Washington, was the second-largest on record after December’s 16.2 percent plunge. A separate report showed the economy grew at a 5.9 percent pace last quarter, faster than initially estimated.
Thursday, February 25, 2010
Dow Chart February-25-2010
Wednesday, February 24, 2010
Dow Chart February-24-2010 Up 90
Tuesday, February 23, 2010
Dow Chart February-23-2010 Down 100 Points Confidence Report
Confidence among U.S. consumers fell in February to the lowest level in 10 months, a sign that concern about job prospects may hold back the spending needed to sustain the recovery.
Monday, February 22, 2010
Dow Chart February-22-2010
Friday, February 19, 2010
Thursday, February 18, 2010
Dow Up 83 Points February-14-2010
Fed Raises Discount Rate by Quarter-Point to 0.75%
The Federal Reserve Board raised the discount rate charged to banks for direct loans by a quarter point to 0.75 percent and said the move will encourage financial institutions to rely more on money markets rather than the central bank for short-term liquidity needs.
U.S. stock markets moved higher Thursday after the Labor Department said filings for initial jobless benefits rose by 31,000 last week.
Wednesday, February 17, 2010
Stock Market Dow Spectacular Rise February-17-10
Stocks and the dollar rose as higher-than-estimated earnings and economic data signaled the global recovery is gaining momentum. Treasuries slid as Federal Reserve minutes showed policy makers debated selling assets.
Tuesday, February 16, 2010
Dow Chart February16-2010
Friday, February 12, 2010
Thursday, February 11, 2010
Dow Chart February-11-2009 up Hundred
Wednesday, February 10, 2010
Tuesday, February 9, 2010
Monday, February 8, 2010
Micrus Endovascular Corp (MEND) Zacks Recommendation February-08-10
Aggressive Growth Micrus Endovascular By: Bill Wilton
February 08, 2010 | Comments: 0
Recommended this article (1)
MEND Print Share
Micrus Endovascular Corp (MEND - Snapshot Report)) shares are surging on the latest quarterly report. The company and analysts have raised their full-year outlook.
Revenues Surging
On Feb 4 Micrus released quarterly results that showed a 24% increase in revenue, to a record high. Sales rose to %22.8 million. Net income came in at $3.3 million, up from a loss one year ago.
Earnings per share were 20 cents, almost triple the Zacks Consensus Estimate of 7 cents. This was the fourth consecutive earnings surprise. The company went on to raise full-year guidance.
The Zacks Consensus for fiscal 2010 is up 2 cents since the report, to 51 cents. Forecasts for next year are averaging 56 cents, 4 cents higher since the report.
Compare these levels to the 70 cent loss Micrus posted last year and the growth is staggering. However, those growth rates are coming at a decent value as shares are trading with a PEG ratio of 0.8.
February 08, 2010 | Comments: 0
Recommended this article (1)
MEND Print Share
Micrus Endovascular Corp (MEND - Snapshot Report)) shares are surging on the latest quarterly report. The company and analysts have raised their full-year outlook.
Revenues Surging
On Feb 4 Micrus released quarterly results that showed a 24% increase in revenue, to a record high. Sales rose to %22.8 million. Net income came in at $3.3 million, up from a loss one year ago.
Earnings per share were 20 cents, almost triple the Zacks Consensus Estimate of 7 cents. This was the fourth consecutive earnings surprise. The company went on to raise full-year guidance.
The Zacks Consensus for fiscal 2010 is up 2 cents since the report, to 51 cents. Forecasts for next year are averaging 56 cents, 4 cents higher since the report.
Compare these levels to the 70 cent loss Micrus posted last year and the growth is staggering. However, those growth rates are coming at a decent value as shares are trading with a PEG ratio of 0.8.
Friday, February 5, 2010
Thursday, February 4, 2010
Wednesday, February 3, 2010
Tuesday, February 2, 2010
Domino Pizza Story
NYSE (DPZ)
Early years
In 1960, Tom Monaghan and his brother, James, purchased DomiNick's, a small pizza store in Ypsilanti, Michigan. The deal was secured by a $75 down payment and the brothers borrowed $500 to pay for the store. Eight months later, James traded his half of the business to Tom for a used Volkswagen Beetle. As sole owner of the company, Tom Monaghan renamed the business Domino's Pizza, Inc. in 1965. In 1967, the first Domino's Pizza franchise store opened in Ypsilanti. Domino’s continued to grow and in 1978 opened its 200th store.
Revenue ▲ $1.462 billion USD (2007)
Employees 145,000
Website www.dominos.com
Monday, February 1, 2010
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