DailyMarkets.com - Credit CARD Act Of 2009: 6 Ways The New Credit Card Rules Can Benefit You

---

• Credit CARD Act Of 2009: 6 Ways The New Credit Card Rules Can Benefit You
• What Else You Need To Know About The New Credit Card Regulations
• Markets In Everything: Ads On Currency?
• Spain Downgraded By Moody’s, Ireland Faces Big Bank Bill
• New Deals For Juniper Networks
• Suncor Confronts Oil Spill
• $27.5m Because The Feds Don’t Like The Font…..
• Wheat Prices Retreat!
• 6 Stocks That Truly Belong To The “DO NOT BUY” List
• How To Profit From The Metal That’s An Even Better Investment Than Gold
• ArvinMeritor To Expand In Europe
• FDA Clears Quidel’s QuickVue RSV10
• Mindray’s New Products At The CMEF
• Aegon Shuts UK Units, Trims Jobs
• BofA Bid To Follow Volcker Rule
• Swiss Franc: Under Pressure
• Australian Dollar: Under Pressure
• Canadian Dollar: Under Pressure
• Japanese Yen: The Downside Prevails
• British Pound: Under Pressure
• Euro: Under Pressure
• Label Expansion For AGN’s Eye Drug
• FINRA Vs Amerivet Attorneys: Mano A Mano
• Eurozone Inflation Estimate Accelerates At The Fastest Pace In Almost 2 Years

Credit CARD Act Of 2009: 6 Ways The New Credit Card Rules Can Benefit You Posted: 30 Sep 2010 07:50 AM PDT Since the start of banking, many banks have taken advantage of their customers in order to profit their bottom-line. It was not uncommon for credit card issuers to keep changing their terms and rates. I’ve seen credit card companies jacking up interest rates on my credit cards for no apparent reason. Now, thanks to the new Credit CARD Act of 2009, we consumers will be protected from many unfair credit card practices that had been taking place. The federal regulations include some changes … [visit site to read more]

What Else You Need To Know About The New Credit Card Regulations Posted: 30 Sep 2010 07:50 AM PDT Starting from August 22nd 2010, according to the Credit CARD Act of 2009, there will be further changes and new regulations put in place in order to protect consumers. Some of these changes are: Gift cards, gift certificates and prepaid cards will be valid for 5 years unless the terms of expiration saying otherwise are made known clearly. From now on, dormancy, service or inactivity fees are forbidden unless the issuers of the card disclose all the fees before the account is opened … [visit site to read more]

Markets In Everything: Ads On Currency? Posted: 30 Sep 2010 07:41 AM PDT Maybe this would help pay down the federal debt: sell advertising on U.S. currency?  Here are some possible designs that would allow companies to “cashvertise,” including the one above for Campbell Soup.  This blog points out that the USPS currently allows customized “branded stamps,” so maybe the Bureau of Engraving and Printing should follow with “custom branded dollar … [visit site to read more]

Spain Downgraded By Moody’s, Ireland Faces Big Bank Bill Posted: 30 Sep 2010 07:39 AM PDT There's not a whole lot to highlight from hump days US session, no economic data, no M&A, and very little company news. The S&P futures finished towards the bottom of their narrow daily range (1137-1143). Today in Europe stocks catching the eye include Nokia Oyj (NYSE:NOK) which has rallied 3.5 percent today on news the world's biggest maker of mobile phones started shipments of its N8 smartphone. Today's Market Moving Stories TomTom jumped 8.0 percent after … [visit site to read more]

New Deals For Juniper Networks Posted: 30 Sep 2010 07:35 AM PDT Juniper Networks Inc. (NASDAQ:JNPR), one of the leading providers of networking infrastructure products and services, announced that IP2 Internet, a Dutch Internet service provider, has deployed its entire range of network infrastructure for growing its business. Financial terms of the deal have not been disclosed.   Juniper's networking products (Switches, Routers and security appliances) aid IP2 Internet to develop its growing business through the simplification of networking operations. … [visit site to read more]

Suncor Confronts Oil Spill Posted: 30 Sep 2010 07:35 AM PDT Canada’s biggest integrated oil producer and refiner, Suncor Energy Inc. (NYSE:SU) reported an oil spill at its Port of Montreal refinery. As per the current estimate, approximately 35 barrels of low-sulfur diesel seeped out into the St. Lawrence River .   The emergency response team of Suncor rushed to the accident site along with the Montreal fire department. The leakage has been brought under control and containment booms were installed into the river to pump out the fuel from the river … [visit site to read more]

$27.5m Because The Feds Don’t Like The Font….. Posted: 30 Sep 2010 07:18 AM PDT NY Daily News – New York City will change the lettering on every single street sign – at an estimated cost of about $27.5 million – because the feds don’t like the font. Street names will change from all capital letters to a combination of upper and lower case on roads across the country thanks to the pricey federal regulation (see photo above). By 2018, MADISON AVE. will become Madison Ave. and will be printed in a font called Clearview, the city Department of Transportation says. … [visit site to read more]

Wheat Prices Retreat! Posted: 30 Sep 2010 07:17 AM PDT Fundamentals Wheat bulls have been getting a bit nervous lately, as prices have fallen through key support on a change in the weather forecasts, which are now calling for rainfall in the much needed grain growing area of Russia and the Ukraine. This rainfall is too late to benefit this year’s crops, but can aid in the planting of the 2011 winter wheat crop. Since contract highs were recorded back in August on concerns about the grain exports out of Russia due to severe drought, Wheat prices … [visit site to read more]

6 Stocks That Truly Belong To The “DO NOT BUY” List Posted: 30 Sep 2010 07:15 AM PDT With more than 8,790 publicly traded stocks on U.S. exchanges and another 7,000 or so listed on the OTC Bulletin Board and the pink sheets, it’s not particularly difficult to find stocks you wouldn’t want to buy. It’s not even that hard to find stocks with numbers so bad they’re good short-sale candidates. What’s really hard is recognizing companies whose shares seem like they might be bargains, but that actually have subtle or hidden problems. These stocks truly belong your DO NOT … [visit site to read more]

How To Profit From The Metal That’s An Even Better Investment Than Gold Posted: 30 Sep 2010 07:09 AM PDT Gold set another new record yesterday (Wednesday), closing above $1,300 an ounce for the second-straight day. The London Bullion Market Association – at its annual conference this week – projected that the “yellow metal” would advance to $1,450 in the next year. With the U.S. Federal Reserve, the Bank of England (BOE) and the Bank of Japan (BOJ) all having near-zero interest rates and moving toward more “quantitative easing” – pumping money into the global economy – the case for gold … [visit site to read more]

ArvinMeritor To Expand In Europe Posted: 30 Sep 2010 07:05 AM PDT ArvinMeritor Inc. (NYSE:ARM) plans to invest $42 million to expand its braking business in Europe. The move will enhance the company's ELSA air disc brake and S-Cam product lines.   In addition, ArvinMeritor will invest in engineering capabilities in order to develop advanced brake technology including electro-mechanical actuation, active adjustment and smart heat management.   The product development will be supported by establishment of additional test and validation capabilities … [visit site to read more]

FDA Clears Quidel’s QuickVue RSV10 Posted: 30 Sep 2010 07:05 AM PDT Leading rapid diagnostic test solutions provider Quidel Corp. (QDEL) has received 510 (k) clearance from the U.S. Food and Drug Administration (FDA) for its new virus test solution. The test, called "QuickVue RSV10", is a lateral flow immunoassay (a biochemical test) designed to detect acute respiratory syncytial virus (RSV) infection.   RSV infection, a viral disease of the lungs, is a major cause of respiratory illness (such as bronchiolitis and pneumonia) in young children. … [visit site to read more]

Mindray’s New Products At The CMEF Posted: 30 Sep 2010 07:05 AM PDT Leading Chinese medical devices maker Mindray Medical International Limited (NYSE:MR) has announced that it will feature its new products at the China International Medical Equipment Fair (“CMEF”), slated to be held in Shenyang from October 12 -15, 2010. CMEF is the largest exhibition of medical equipment in the Asia-Pacific region.   Mindray plans to showcase more than 50 models from its three major product segments at the CMEF. The company will also exhibit a new magnetic resonance imaging … [visit site to read more]

Aegon Shuts UK Units, Trims Jobs Posted: 30 Sep 2010 06:35 AM PDT As part of the ongoing restructuring program along with the efforts to improve profitability, AEGON NV (NYSE:AEG) plans to close its two businesses and slash jobs in the United Kingdom.   According to the program, Aegon will shut down its UK third-party pension administration and its employee benefits software businesses, as it foresees a difficult environment in the UK. Aegon will now diversify its energies in its at-retirement and workplace-savings markets. Further, Aegon will retain its … [visit site to read more]

BofA Bid To Follow Volcker Rule Posted: 30 Sep 2010 06:35 AM PDT In order to comply with the Volcker Rule related to banks' restrictions on proprietary trading, Bank of America Corp. (NYSE:BAC) is laying off one third of its employees from the proprietary-trading desk, the New York Times reported on Wednesday. About 20 to 30 proprietary traders are expected to be eliminated by this decision.   The Volcker Rule, named after Paul Volcker, a former Federal Reserve chairman who advises the Obama administration, restricts proprietary trading, private equity … [visit site to read more]

Swiss Franc: Under Pressure Posted: 30 Sep 2010 06:18 AM PDT Update on supports and resistances. … [visit site to read more]

Australian Dollar: Under Pressure Posted: 30 Sep 2010 06:18 AM PDT Update on supports and resistances. … [visit site to read more]

Canadian Dollar: Under Pressure Posted: 30 Sep 2010 06:18 AM PDT Update on supports and resistances. … [visit site to read more]

Japanese Yen: The Downside Prevails Posted: 30 Sep 2010 06:18 AM PDT Update on supports and resistances. … [visit site to read more]

British Pound: Under Pressure Posted: 30 Sep 2010 06:18 AM PDT Update on supports and resistances. … [visit site to read more]

Euro: Under Pressure Posted: 30 Sep 2010 06:18 AM PDT Update on supports and resistances. … [visit site to read more]

Label Expansion For AGN’s Eye Drug Posted: 30 Sep 2010 05:35 AM PDT Recently, Allergan Inc. (NYSE:AGN) received a boost when the US Food and Drug Administration (FDA) approved its eye drug Ozurdex (dexamethasone intravitreal implant) for an additional indication. The injectable eye implant, a biodegradable capsule, has received the FDA nod for treating patients suffering from non-infectious ocular inflammation (uveitis), targeting the posterior section of the eye.   Uveitis results in the swelling and irritation of the uvea (the middle layer of the eye) of … [visit site to read more]

FINRA Vs Amerivet Attorneys: Mano A Mano Posted: 30 Sep 2010 05:29 AM PDT Will America ever learn what truly transpired within Wall Street's self-regulatory organization, FINRA? Will FINRA be allowed to placate its members and America while not addressing the hard questions those constituencies want answered? FINRA member firms voted overwhelmingly in support of a number of non-binding proxy proposals sponsored by Amerivet Securities. I highlighted the overwhelming vote in my August 14th commentary, FINRA Gets New 'Sheriffs'; Amerivet Proxy Proposals … [visit site to read more]

Eurozone Inflation Estimate Accelerates At The Fastest Pace In Almost 2 Years Posted: 30 Sep 2010 04:44 AM PDT Fundamental Headlines • Anglo Irish Bank To Need 34.3 Billion Euros – Wall Street Journal • ECB's Euro Stance: Admirable if Untenable – Wall Street Journal • Ireland Unveils Bank Rescue Package – Financial Times •Spain Leads Peripheral Bonds' Gains as Bailout Concern Eases – Bloomberg • Ireland Faces $68 Billion Rescue to Prop Up Allied, Anglo– Bloomberg EURUSD: The Eurozone annualized inflation estimate for September rose 1.8 percent after climbing 1.6 percent the month … [visit site to read more]

You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610