US Economy | Confidence takes hit

U.S. consumers are increasingly worried about jobs and the economy, the Conference Board said Tuesday, as it reported that its consumer confidence index plummeted to 52.9 in June — the lowest level since March — from a downwardly revised 62.7 in May. Increasing uncertainty and apprehension about the future state of the economy and labor market, [...]

US Economy | Confidence takes hit

U.S. consumers are increasingly worried about jobs and the economy, the Conference Board said Tuesday, as it reported that its consumer confidence index plummeted to 52.9 in June — the lowest level since March — from a downwardly revised 62.7 in May. Increasing uncertainty and apprehension about the future state of the economy and labor [...]

Are stocks safer investments than bonds?

Stocks are still safer than bonds. Period. The investment move that has made consumers most comfortable since the market crisis of 2008 is about to become the investment folly of the 2010s. This from StockNod’s founder who also said recently that bonds are an emerging bubble, destined for a fall over the next decade. Jason [...]

American Tower (AMT) – Hot Stock Pick

American Tower (AMT) operates wireless communications towers, broadcast communications towers and distributed antenna system networks; the company is involved in with 20,000 towers in the U.S. and 7,000 towers in Mexico, Brazil and India. Technically, the stock has broken out from a three-month, cup-and-handle base and is now within range to make a 10-year. Its portfolio [...]

American Tower (AMT) – Hot Stock Pick

American Tower (AMT) operates wireless communications towers, broadcast communications towers and distributed antenna system networks; the company is involved in with 20,000 towers in the U.S. and 7,000 towers in Mexico, Brazil and India. Technically, the stock has broken out from a three-month, cup-and-handle base and is now within range to make a 10-year. Its [...]

2010 S&P poised for record low

U.S. stocks tumbled Tuesday, with the S&P 500 Index poised for its lowest finish this year, as U.S. consumer confidence fell more than anticipated in June, adding to worries about a global slowdown. This is all part of the global economy we’re worried about, there just isn’t enough growth around to generate steady job growth [...]

2010 S&P poised for record low

U.S. stocks tumbled Tuesday, with the S&P 500 Index poised for its lowest finish this year, as U.S. consumer confidence fell more than anticipated in June, adding to worries about a global slowdown. This is all part of the global economy we’re worried about, there just isn’t enough growth around to generate steady job growth [...]

Pepco Holdings, Inc. (POM)

We expect <b>Pepco Holdings, Inc.</b> (<a href=http://www.zacks.com/stock/quote/pom>POM</a>) to face stiffer competition from its fully regulated peers with similar dividend yields, such as Progress Energy. Thus, we expect Pepco shares to Underperform its peers in the future. <P> Pepco s $1.2 billion Mid-Atlantic Power Pathway (MAPP) transmission project is currently underway with an in-service date of 2014. However, the project could be delayed due to slower-than-expected load growth. <p> We initiate coverage on Pepco with an Underperform recommendation as we expect the stock to face stiffer competition from its fully regulated peers with similar dividend yields, going forward. Our $14 target price values the stock at 11.3x 2011 EPS.

NYSE Euronext, Inc.

<B>NYSE Euronext, Inc.&#39;s</B> (<a href=http://www.zacks.com/stock/quote/nyx>NYX</a>) first quarter earnings were flat compared to the Zacks Consensus Estimate in spite of expense management, improved derivatives markets and the successful integration of NYFIX acquisition. <P ALIGN=&quot;left&quot;> However, the company continues to suffer from weak trading volumes, which is directly affected by economic and market conditions, volatility of interest rates, inflation, changes in price levels of securities and the overall level of investors confidence. Except ETFs, weak volumes have been witnessed across equities, bonds and structured products of the company. <P ALIGN=&quot;left&quot;> Also, the current initiatives that are being taken up by regulators and governments, such as restrictions on high frequency trading and taxes on securities transactions, are liable to have a materially adverse effect on overall trading volumes.

Interactive Brokers Group

<B>Interactive Brokers Group&#39;s</B> (<a href=http://www.zacks.com/stock/quote/ibkr>IBKR</a>) first quarter 2010 earnings were substantially short of the Zacks Consensus Estimate. Earnings were also down from the prior-year quarter. <P ALIGN=&quot;left&quot;> The results declined due primarily to competitive pressure on spreads as a result of constrained liquidity and other market challenges. Dwindling equity market volatility in the past quarters continues to negatively impact the results of its Market Making segment. <P ALIGN=&quot;left&quot;> Though Interactive&#39;s fundamentals remain strong with a highly liquid balance sheet, strong capital position and high barriers to entry, significant international exposure and increased market risk could impact profitability in the upcoming quarters. Hence, we are maintaining an Underperform rating on the stock.

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