golden
Junior Member
Posts: 399
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Post by golden on Aug 27, 2011 11:20:38 GMT 10
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Post by cyclops on Aug 29, 2011 11:47:43 GMT 10
Oil trades near a three-day high in New York as investors speculated that growth will recover in the U.S., spurring demand in the biggest crude consumer.
Refineries resumed output as Tropical Storm Irene headed toward Canada.
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Post by cyclops on Aug 29, 2011 15:45:08 GMT 10
Hmmmm quite a turnaround, I remember being stopped out around 1.25 a few months ago, wasn't happy and nearly bought back in as I thought GFF was in a sector going places, a no brainer lol, happy now that i didn't ....
Goodman Fielder Limited has reported a net loss of $166.7 million for the 2011 financial year, compared with a net profit of $161.1 million in 2010.
Bought some Yanzhou Coal stocks today after being on the sideline since June. The half yearly is good, guidance is good .... I think a bottom has formed.
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Post by cyclops on Aug 30, 2011 9:46:44 GMT 10
A strong, steady ascent gave the stock market another big gain. In turn, the S&P 500 has advanced more than 7% in just five sessions.
Futures are lower after hours: S&P 500 futures are -0.89 from fair value of 1208.59 and Nasdaq100 futures are -3.27 from fair value of 2223.47.
Tomorrow morning before the open, no economic reports are scheduled to be released.
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Post by cyclops on Aug 31, 2011 10:17:39 GMT 10
An old indicator of ours .... DRYS -10.1%, PVH +3.5% Following Earnings/Guidance
Selling in the final minutes caused stocks to settle short of their session highs, but the major equity averages still managed to hold on for another gain.
Futures are lower after hours: S&P 500 futures are -8.51 from fair value of 1211.71 and Nasdaq100 futures are -13.21 from fair value of 2237.21
Tomorrow morning before the open, three economic reports are scheduled to be released: MBA Mortgage Index (Consensus NA), Challenger Job Cuts (Consensus NA) and ADP Employment Change (Consensus 100K).
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Post by cyclops on Aug 31, 2011 13:21:53 GMT 10
Times are really tough at Harvey Norman, despite a reported 9% rise in net profit, the company cut its dividend by 16% to 12 cents a share for the 2011 financial year from the 14c paid in 2010.
The company said yesterday that shareholders (including chairman Gerry Harvey) would receive a final dividend of 6c a share, down from the 7c a share paid for the final half of 2010.
The interim was also cut to 6c a share from 7c.
The cut in both the interim and final dividends tells us more about the way the Harvey Norman board sees the outlook for the year than any commentary can tell us.
But there were no reasons advanced for the cut by directors who described the outlook as "cautious".
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Post by cyclops on Sept 1, 2011 7:29:23 GMT 10
The major equity averages were up more than 1% this morning, but some afternoon selling caused the market to wobble. Still, stocks managed to hold on for varied gains.
Futures are higher after hours: S&P 500 futures are +0.58 from fair value of 1217.82 and Nasdaq100 futures are +3.88 from fair value of 2240.62.
Tomorrow morning before the open, two economic reports are scheduled to be released: Initial Claims (Consensus 407K) and Continuing Claims (Consensus 3630K) and 2) Productivity -- Rev. (Consensus -0.5%) and Unit Labor Costs -- Rev. (Consensus 2.4%).
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