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Archive for December, 2010

Posted by MartZee December 16, 2010

Visa, MasterCard Plunge as Fed Issues Rules to Cut Debit Fees

Visa Inc. and MasterCard Inc. plunged more than 12 percent in New York trading after the Federal Reserve Board proposed rules that may slash debit-card interchange fees by 90 percent. The new rules, posted today by the Fed on its website, may aid retailers and cut profit for lenders who reaped about $15 billion from Continue reading →

Posted by MartZee December 16, 2010

What’s happening with ATU?

The entire morning today I was reading about Actuant Corporation which has improved earnings and sales, beat expectations but I was baffled why the stock slumped today by almost 6%. I couldn’t find why; what is behind such behavior. Well, here is why: Actuant Sees Second Quarter Earnings Below Estimates; but Raises 2011 Guidance Actuant Continue reading →

Posted by Martin December 16, 2010

Actuant Reports Improved First Quarter Results; Increases Fiscal 2011 Guidance

MILWAUKEE–(BUSINESS WIRE)–Actuant Corporation ATU today announced results for its first quarter ended November 30, 2010. Highlights * 71% year-over-year increase in diluted earnings per share from continuing operations (“EPS”) to $0.36 (excluding prior year special items – see attached reconciliation of earnings.) * Core revenue growth (total sales less the impact of acquisitions, divestitures and Continue reading →

Posted by MartZee December 16, 2010

10 Things You Need To Know Before The Opening Bell

Provided by Business Insider, Thursday, December 16, 2010: Good morning. Here’s what you need to know: Asian markets were mostly lower in overnight trading, with the Hang Seng down 1.33%. Major European indices are flat, and U.S. futures suggest a slightly positive open. Housing starts data is released at 8:30 AM ET. It is expected Continue reading →

Posted by MartZee December 15, 2010

Actuant Corporation (ATU) reports Q1 2011 earnings

Actuant Corporation will release its earnings tomorrow morning (12/16/2010). A conference call will be held at 10:00 AM CST. Watch/listen it here.

Posted by MartZee December 15, 2010

Endologix Inc. (ELGX) added to portfolio

Another stock with a strong momentum has been spotted. Endologix Inc. shot on huge volume, four times the average volume. For four days this stock is making new 52-day highs. I decided to buy some shares and add this stock into my portfolio: 12/15/2010 Bought 150 ELGX @ 6.55

Posted by MartZee December 14, 2010

FBR Capital Reiterates an ‘Outperform/Top Pick’ on Actuant (ATU); F1Q11 Preview: Expect Upside Results and Upbeat Outlook

FBR Capital reiterates an ‘Outperform/Top Pick’ rating on Actuant raises PT to $29. FBR analyst says, “We have a positive bias on Actuant shares heading into F1Q11 earnings on Dec 16 based on our expectation for upside earnings and positive outlook commentary. We see upside to FBR/consensus EPS estimate of $0.35/$0.34 primarily from better trends Continue reading →

Posted by MartZee December 08, 2010

Actuant Corporation (ATU) added to portfolio

Actuant Corporation (ATU) added to portfolio

A few days ago Actuant Corporation shot up on heavy volume when a new trend was identified. This stock may be a new winner. I bought 37 shares to my trading portfolio: Bought 37 ATU @ 26.97

Posted by MartZee December 08, 2010

Making Personal Loans For Fun And Profit

“…banks weren’t going to get us out of this (recession) mess.” Looking for hefty yields? Lending Club was founded by Renaud Laplanche, a French native who worked as a New York securities lawyer before launching database search firm MatchPoint. Laplanche whipped out his plastic (and paid 18% annual interest) to cover the cost of computers Continue reading →

Posted by MartZee December 02, 2010

Portfolio monthly review – November 2010

Portfolio monthly review - November 2010

Here is a monthly review of my Trading account, Roth IRA account and Lending Club account during a bit bumpy market. In November 2010 the market was correcting which was a great opportunity to buy more shares of stocks, mutual funds or ETFs cheaper.