| TradeKing CEO to Offer Perspective on the Growing Opportunity in ...
BOCA RATON, Fla., Nov. 19 /PRNewswire/ -- TradeKing (www.tradeking.com), a nationally licensed online broker dealer, today announced that its Chairman and CEO Donato Montanaro will be a featured speaker on "The Retail Business" panel during the 23rd Annual Futures and Options Expo taking place November 27-29 in Chicago. Montanaro and the panel participants will discuss the growth of options trading among individual investors and the various approaches brokerage firms are taking to offering options to the retail trader, comparing traditional business models with those of new entrants. He will be joined on his panel by brokerage executives from TD Ameritrade, Merrill Lynch, Optionshouse and OptionsXpress. For more information, visit: http://www.futuresindustry.org/expo-2007.asp.
TradeStation Group (TRAD) Reports In-Line Q4 Earnings; Guides Q1 EPS ...
TradeStation Group Inc. (Nasdaq: TRAD) reports Q4 EPS of $0.21, in-line with the analyst estimate of $0.21. Revenues for the quarter were $40.2 million, versus the consensus of $40.92 million. The Company expects to report Q1 EPS of $0.16-$0.19, versus the consensus of $0.20. Revenues are expected to be $39-$42 million, versus $37.12 million. TradeStation sees FY08 EPS of $0.69-$0.86, versus $0.84 and revenues in the range of $158-$177 million. compared to the Street consensus of $167.18 million. TradeStation Group, Inc., through its subsidiaries, operates as an online brokerage firm covering equities, equity options, futures, and forex transactions. Related Categories Earnings Guidance Stocks Mentioned .
Stocks Power Up After Early Losses; Nasdaq Rides Steamroller Volume
Indexes rebounded from an early slump despite or because of weak retail sales and home sales data. The NYSE, which had sunk as much as 1%, had recovered to a 0.2% loss as of 10:54 a.m. EST. The Nasdaq came back to near break-even after a 1.2% tumble. Transportation issues played a strong role in the recovery, with Nasdaq's (NASDAQ:NDAQ) transports index up 1.6%. Small caps bucked up, with the S&P 600 adding 0.7%. The S&P 500 added 0.2% while the Dow hovered at a fractional loss. Trading volume was 15% higher on the NYSE, more than 50% higher on the NYSE, versus Wednesday's soft trading. Pending home sales fell 1.5% in December, less than in prior months but still worse than expected. In a case of bad news is good news, the market may be reading these data as yet another excuse for the fed to cut rates further.
Overview: Deteriorating economic outlook knocks sentiment
A worsening outlook for the global economy drove stock markets sharply lower on Tuesday, with the S&P 500 closing at a 10-month low and intensified speculation about an emergency Federal Reserve rate cut. News of an unexpected 0.4 per cent drop in US retail sales last month and a record quarterly loss of $9.8bn, marked by an $18.1bn writedown on mortgages and increased credit card loss provisions at Citigroup, the investment bank, helped undermine Wall Street. .
Behind the Edwards Surge: Right Message at the Right Time
Much was made of Illinois Senator Barack Obama's superb speech to a huge crowd of Iowa Democrats at the mid-November Jefferson-Jackson Day dinner in Des Moines. Without a doubt, it helped to propel Obama ahead of New York Senator Hillary Clinton in polls conducted in the weeks after the event. But Obama's speech in November may not turn out to be the definitional statement of the fight for Iowa. What could turn out to be the most critical comment of the campaign came from John Edwards in the last debate between the Democratic contenders — and the former senator from North Carolina may well claim the caucus-night victory that is the reward for delivering the right message at the right time. It wasn't a great rhetorical flourish. It wasn't even a new statement.
Coeur d'Alene Soldier Buried at Arlington National Cemetery
One six year old fished a street sign out of the waterway between JD's and the Captain's Wheel. His Mom brought it up to the yard. It had been picked up by the twister, carried 300 feet and left a perfect 4x4 hole behind. The young man's picture will be featured in "Your Voice" in the near future. DFO: Here's another example of how the online world has an advantage over the print world and even the "film-at-11" types. The storm hit when Herb was in Athol. He saw the funnel spout drop down nearby. Then, on the way back to Bayview, he checked out the rumor that a tree had hit a woman in the Thimbleberry Campground at Farragut. Finally, he returns to Bayview and lets us know about the power being restored and the interesting little incident of the twister and the street sign. In the blogosphere, everyone can become a reporter.
Fear of unemployment stalks high-flyers in high-rise offices
If New York is often likened to a movie set, the scenes playing out on Wall Street involve a cast of hard-drinking, despondent, young men. "Picture a movie from the 1940s, Bogey is sitting at the bar with a bottle of scotch, three quarters done - that pretty much sums up Wall Street at the moment," says Howard Silverblatt, a senior index analyst for Standard & Poor's in New York. "Everybody is waiting to see the bottom. When you know where that is going to be, you can deal with it, but at the moment we can't see the bottom. Two shoes have already dropped, but how many more will there be?" Andy Brooks, the head of listed stock trading for T Rowe Price, the fund manager, adds: "These are extraordinary times and it is very emotional out there. I haven't seen so much uncertainty in the market since the start of the Iraq war.
New Method of Creating Embryonic Stem Cells Devised
New Era Canning Co. of New Era, Mich. is recalling cans of Mexican style chili beans, green beans, and dark red kidney beans that may not have been adequately cooked and have the potential for growth of Clostridium botulinum, which can cause botulism, the U.S. Food and Drug Administration said. The recall covers the following products: GFS brand Fancy Mexican Style Chili Beans in 6 lb. 12 oz. cans with lot number 00249 5AJ6LC with a 4-digit time stamp number ranging from 2113 through 2235 printed on the end of the can after the lot number. Kitchen brand Blue Lake Mixed Cut Green Beans in 6 lb. 6 oz. cans with lot number 00249 6FG5GA printed on the end of the cans. They were not sold at retail stores, but were distributed to a Michigan restaurant. Great Value brand Dark Red Kidney Beans in 15.5 oz cans with lot number 00249 CKJ6LD printed on the end of the can.
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