europe posts
FeedPosted Jan 12th 2011 4:00PM by Nikolay Tsintsadze (RSS feed)
Filed under: International Markets, Stocks to Buy
Investors searching for opportunities will be hard pressed to find stocks that are still undervalued. It seems like this rally has pushed every sector to very high levels. Perhaps, it may be time to look in more off-the-cuff places for investment ideas.
One possibility trades on the Amsterdam-based exchange, the Euronext. The Dutch insurer, Delta Lloyd Group, which has operations in the Netherlands, Germany, and Belgium, is a profitable company with a favorable balance sheet that trades at a significant discount to its book value. In the first half of 2010, it generated €767 million of income after taxes and non-controlling interests, a 263% increase. At the same time, it has €3,903 billion in tangible assets net of all liabilities, but a market cap of just € 2,810 billion as of January 11. In other words, investing in Delta Lloyd is like buying assets, with all liabilities paid off, at a 30% discount.
Continue reading Opportunity on the Euronext: Delta Lloyd
Posted Dec 3rd 2010 9:30AM by Connie Madon (RSS feed)
Filed under: Major Movement, Oil

A batch of cold weather is spreading across Europe, pumping up demand for Brent crude. On the ICE exchange, January Brent traded at $90.69 per barrel, up $1.82, the
Financial Times reported.
Brent crude -- the benchmark used by Europeans -- contracts are in 'backwardation,' the
FT notes. Backwardation happens when the market quotes a lower price for a more distant delivery day. For example, January Brent is 4 cents higher than February and 10 cents higher than March. Backwardation usually means that there is strong immediate demand for the product.
Continue reading Brent Crude Trades Above $90 on Cold Weather and Chinese Demand
Posted Nov 8th 2010 4:30PM by Connie Madon (RSS feed)
Filed under: International Markets, Market Matters, Commodities, Headline News, Financial Crisis, Currency
Gold shot past $1,400 per ounce to $1,410.4 on the December contract. Triggering the move were worries about sovereign debt levels in Europe and uncertainty concerning the upcoming G-20 meeting, as the Wall Street Journal reports.
First to Europe. The cost of insuring against defaults in countries like Ireland, Portugal and Spain has increased. Ireland's debt, in particular, is causing concern. Interest rates on Irish bonds has risen to 7.8% against Germany's 2.5%.
Continue reading Gold Shoots Past $1,400 to a Record High
Posted Oct 5th 2010 10:30AM by Connie Madon (RSS feed)
Filed under: International Markets, Market Matters, Commodities, Currency
Precious metals moved higher today, led by gold, which set another record high. Here are the numbers:
- December gold futures are trading at $1,328.20, per ounce, up $11.40 (as of 8:00 am EDT)
- December silver is up 23 cents to $22.27 per ounce.
- October platinum is trading at $1,681.7 per ounce, up $14.
- December Palladium is up $7.20 to $568.50 per ounce.
Continue reading Gold and Silver March to New Highs
Posted Sep 29th 2010 6:00PM by Michael Fowlkes (RSS feed)
Filed under: After the Bell, International Markets, Earnings Reports, Analyst Reports, Forecasts, Good news, Management
Consulting firm Accenture (ACN) will be reporting its fiscal fourth quarter earnings after the market close tomorrow, with analysts expecting to see the company report earnings of $0.63 per share, in-line with the same period last year.
The company has issued its guidance, and expects to see revenues in a range of $5.15 to $5.35 billion. For full year earnings, the company now expects earnings somewhere between $2.61 to $2.69, on the lower end of previous guidance.
Continue reading Accenture Fourth Quarter Earnings Preview
Posted Jul 26th 2010 5:00PM by Joseph Lazzaro (RSS feed)
Filed under: Forecasts

Paraphrasing the great Mark Twain, if you don't like the stance of institutional investors, just wait a while.
Case in point: Investor sentiment toward the United States' large budget deficit and national debt.
A scant month ago, the talk was of bond vigilantes turning their wrath on the U.S., from Greece, Spain, Portugal and the rest of Europe's debt-plagued nations -- a predicament that would force interest rates up in the world's largest economy.
Continue reading Flight-to-Safety Pushes U.S. Interest Rates Lower
Posted Jun 17th 2010 5:30PM by Joseph Lazzaro (RSS feed)
Filed under: Good news, Financial Crisis

Thursday's good new data point comes from the
International Monetary Fund, which said Greece's budget deficit reduction plan and economic overhaul appears to be on-track.
The IMF termed fiscal developments as "positive with central government revenue coming in closely as expected" and with expenditures under control.
The group also said pension reform has advanced and an agreement has been reached on many key parameters as outlined in the memorandum or understanding. Structural reforms are also progressing, including in the areas of local administration, privatization, labor market, and tax administration.
Continue reading Ray of Light: IMF Says Greece's Deficit-Cutting Plan On-Track
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