http://www.euronews.net/ They may have been evicted from their protest camp in New York, but that has not stopped them from attempting to continue demonstrating.
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Thursday, November 17, 2011
Greece - has 60 billion euros in unpaid tax, EU says - Clashes at Athens march demanding 'Bread, Education, Freedom'
http://www.euronews.net/ Greece has at least 60 billion euros in unpaid taxes because of tax evasion and lack of compliance, the European Commission says.
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http://www.euronews.net/ The march in Athens to commemorate a student uprising almost 40 years ago has descended into violence, with police firing teargas at young people dressed in black.
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http://www.euronews.net/ The march in Athens to commemorate a student uprising almost 40 years ago has descended into violence, with police firing teargas at young people dressed in black.
Gap (NYSE:GAP) Bested Estimates For Q3 (potential upside of 5.2%)
Uploaded by FinancialNewsOnline on Nov 17, 2011
Gap (NYSE:GAP) reported Q3 EPS of $0.38, better than analyst estimates of $0.36 per share. Revenues for the quarter were $3.65 billion, better than consensus estimates of $3.61 billion.
Glenn Murphy, chairman and chief executive officer of Gap Inc. said, "Across our brands, we're intensely focused on improving our current sales trend, including making necessary product and marketing adjustments, with a view toward building momentum as we head into 2012. We're ready to compete aggressively this holiday."
Gap Inc (NYSE:GPS) has potential upside of 5.2% based on a current price of $19.23 and an average consensus analyst price target of $20.23.
Glenn Murphy, chairman and chief executive officer of Gap Inc. said, "Across our brands, we're intensely focused on improving our current sales trend, including making necessary product and marketing adjustments, with a view toward building momentum as we head into 2012. We're ready to compete aggressively this holiday."
Gap Inc (NYSE:GPS) has potential upside of 5.2% based on a current price of $19.23 and an average consensus analyst price target of $20.23.
Harris (NYSE:HRS) Awarded $15 Million Order From U.S. Air Force (potential upside of 35.1%)
Uploaded by FinancialNewsOnline on Nov 17, 2011
Harris (NYSE:HRS) received a $15 million order from the U.S. Air Force for additional Falcon III AN/PRC-117G multiband manpack radio systems.
The AN/PRC-117G will provide Air Force personnel with next generation tactical communication capabilities for a range of applications, such as precision air support.
Harris received this order in the first quarter of fiscal 2012.
Dana Mehnert, group president, Harris RF Communications said, "The AN/PRC-117G manpack provides Air Force personnel with enhanced voice, video and wideband data communications. This radio delivers assured access to command and control resources, supporting new applications such as fires coordination and close air support. Combat proven and upgradeable, the AN/PRC-117G is the solution to the Air Force's current and future needs -- on the ground and in the air."
Harris (NYSE:HRS) has potential upside of 35.1% based on a current price of $36.75 and an average consensus analyst price target of $49.64.
The AN/PRC-117G will provide Air Force personnel with next generation tactical communication capabilities for a range of applications, such as precision air support.
Harris received this order in the first quarter of fiscal 2012.
Dana Mehnert, group president, Harris RF Communications said, "The AN/PRC-117G manpack provides Air Force personnel with enhanced voice, video and wideband data communications. This radio delivers assured access to command and control resources, supporting new applications such as fires coordination and close air support. Combat proven and upgradeable, the AN/PRC-117G is the solution to the Air Force's current and future needs -- on the ground and in the air."
Harris (NYSE:HRS) has potential upside of 35.1% based on a current price of $36.75 and an average consensus analyst price target of $49.64.
Europe - European Parliament -- to come to the rescue of the insect which is so vital for plant and animal survival.
Published on Nov 17, 2011 by Euronews
http://www.euronews.net/ An emergency call to save bees has gone out from the European Parliament -- to come to the rescue of the insect which is so vital for plant and animal survival.
As some two-thirds of Europe's food production relies on pollination by bees, and hive numbers have fallen by 10-30 percent in recent years, MEPs felt the matter is urgent.
As some two-thirds of Europe's food production relies on pollination by bees, and hive numbers have fallen by 10-30 percent in recent years, MEPs felt the matter is urgent.
Intuit (NASDAQ:INTU) Expected to Report Solid Q1 Results
Uploaded by FinancialNewsOnline on Nov 17, 2011
Intuit (NASDAQ:INTU) is expected to report Q1 earnings after the market close on Thursday, November 17, with a conference call scheduled for 4:30 pm ET.
The consensus estimate is $0.12 for EPS and for EPS and $580.66 million for revenue, according to First Call. Intuit is expected to report another loss in Q1, which is always its weakest quarter.
Due to its tax and financial software focus, Intuit always posts its strongest results in fiscal Q2 and Q3. Management previously provided Q1 revenue guidance of $575M-$585 million, representing a year-over-year increase of 8%-10%. Non-GAAP Q1 operating loss is projected to come in between $40 million-$50 million, and $0.11-$0.13 per share. Commentary about the upcoming tax season following the company's Q1 results is considered to be more important than the topline number for Q1.
A significant ramp in hiring by Intuit during the past few months suggests earnings is more likely to be at the low-end of guidance, although EPS this quarter is less meaningful than at other times of the year, Citigroup notes. The firm is expecting Intuit's Q2 guidance to be in-line with the consensus estimate of EPS of 43c on $1.0 billion in revenue, although the firm's bias is to the upside.
The consensus estimate is $0.12 for EPS and for EPS and $580.66 million for revenue, according to First Call. Intuit is expected to report another loss in Q1, which is always its weakest quarter.
Due to its tax and financial software focus, Intuit always posts its strongest results in fiscal Q2 and Q3. Management previously provided Q1 revenue guidance of $575M-$585 million, representing a year-over-year increase of 8%-10%. Non-GAAP Q1 operating loss is projected to come in between $40 million-$50 million, and $0.11-$0.13 per share. Commentary about the upcoming tax season following the company's Q1 results is considered to be more important than the topline number for Q1.
A significant ramp in hiring by Intuit during the past few months suggests earnings is more likely to be at the low-end of guidance, although EPS this quarter is less meaningful than at other times of the year, Citigroup notes. The firm is expecting Intuit's Q2 guidance to be in-line with the consensus estimate of EPS of 43c on $1.0 billion in revenue, although the firm's bias is to the upside.
CVR Energy (NYSE:CVI) & Amarin Corporation (NASDAQ:AMRN) are Among the Companies With Heavy Put Option Volume
Uploaded by FinancialNewsOnline on Nov 17, 2011
Our options team has been watching CVR Energy (NYSE:CVI) put options, which are currently trading at 22 times their average volume, shares of the company dropped on news of the Seaway pipeline being reversed. Amarin Corporation (NASDAQ:AMRN) puts are also very active today, currently trading at 5.6 times their average volume.
Also lighting up the screens of options traders are Limited Brands (NYSE:LTD) puts, trading at 5.5 times their average volume even after topping earnings estimates yesterday. Agrium (NYSE:AGU) puts are also very active today, trading at 5.4 times their average volume. Finally, Sears Holdings (NASDAQ:SHLD) puts close out the list at 4.9 times their average volume after a disappointing earnings report.
Also lighting up the screens of options traders are Limited Brands (NYSE:LTD) puts, trading at 5.5 times their average volume even after topping earnings estimates yesterday. Agrium (NYSE:AGU) puts are also very active today, trading at 5.4 times their average volume. Finally, Sears Holdings (NASDAQ:SHLD) puts close out the list at 4.9 times their average volume after a disappointing earnings report.
France - hit by rising borrowing costs / touchés par la hausse des coûts d'emprunt
Published on Nov 17, 2011 by Euronews
http://www.euronews.net/ Despite assurances to the contrary from its economy ministry France, it seems, is being steadily drawn into the epicentre of the eurozone debt storm. There was more evidence of that when the rate investors charge for buying government bonds rose again.
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Malgré les assurances du contraire de son Ministre de l'Economie en France, il semble, est progressivement attiré dans l'épicentre de la tempête de la dette zone euro. Il n'y avait plus de preuves de ce taux lorsque la charge des investisseurs pour l'achat d'obligations d'État a de nouveau augmenté.
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