Thursday, October 28, 2010

DailyMarkets.com - A Lifeline For The Temporarily Un-Well-to-Do

DailyMarkets.com - A Lifeline For The Temporarily Un-Well-to-Do

A Lifeline For The Temporarily Un-Well-to-Do

Posted: 28 Oct 2010 06:08 PM PDT

I spend a lot of time at Financial Armageddon writing about ordinary people who are dealing with major hardships because of the financial crisis. Many have lost their jobs, their homes, and their families through no fault of their own, and have been reduced to scrapping and scraping as best they can.
But what about those who are nearer the top of the ladder — you know, those big earning-and-spending types that suddenly can’t afford to buy the biggest homes, splash out on the most … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Picks For Friday: Microsoft, Eastman Kodak, Royale Energy

Posted: 28 Oct 2010 06:06 PM PDT

( click to enlarge )
Microsoft Corporation (NASDAQ:MSFT) is trading higher after hours, as the company released strong earnings. Right now, the technical chart is in a short-term bullish mode and it’s really hard to tell until when it would be. The new bullish trend on my daily chart looks good. Key resistance is now located at 27.17, a break above this level will confirm the bullish trend and the following uptrend will take price up to 31 zone.

( click to enlarge )
Eastman Kodak … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Xcel Energy Beats On Bottom-Line

Posted: 28 Oct 2010 05:35 PM PDT

Electricity and natural gas company Xcel Energy Inc. (NYSE:XEL) announced its operating earnings for the third quarter 2010 of 62 cents per share versus 48 cents per share in the year-ago quarter, reflecting a growth of 29.1%. The results were higher than the Zacks Consensus Estimate of 54 cents per share.
Xcel Energy's GAAP earnings for the third quarter of 2010 were 67 cents per share versus 48 cents per share recorded in the year-ago period. The difference between GAAP and operating earnings, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Equifax Posts A Decent Quarter

Posted: 28 Oct 2010 05:15 PM PDT

Equifax Inc.(NYSE:EFX) posted decent third quarter 2010 adjusted earnings per share (EPS) of 60 cents, beating the Zacks Consensus Estimate by 2 cents. The adjusted EPS excludes acquisition-related amortization expense. The earnings surprise was due to growth across all the revenue segments and high demand for new products.
Revenue
Revenue in the quarter was $473.8 million, up 11.5% from $425.0 million in the year-ago quarter and above the Zacks Consensus Estimate of $458.0 million. The … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Williams Delivered A Weak 3Q

Posted: 28 Oct 2010 05:05 PM PDT

Natural gas producer and pipeline firm Williams Companies (WMB) reported weaker-than-expected third quarter 2010 results, reflecting a disappointing Exploration and Production ("E&P") business segment activity. Earnings per share, excluding special items, came in at 22 cents, below the year-ago quarter earnings of 25 cents and the Zacks Consensus Estimate of 29 cents.
The partnership generated revenues of $2.3 billion, failing to meet our expectation of $2.8 billion. However, compared … [visit site to read more] or compare Best Credit Cards and Best CD Rates

DENTSPLY Meets, Beats On Sales

Posted: 28 Oct 2010 05:05 PM PDT

Leading dental products maker DENTSPLY International (NASDAQ:XRAY) posted third-quarter fiscal 2010 adjusted earnings per share of 45 cents, in line with the Zacks Consensus Estimate and a penny above the year-ago adjusted earnings.
Adjusted earnings exclude one-time items such as restructuring and acquisition-related charges as well as tax-related adjustments. Net income fell 5.7% year-over-year to $63.7 million (or 44 cents a share) on account of higher costs.
Revenues
Net sales increased 2% … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Norfolk Tops On Solid Volume

Posted: 28 Oct 2010 04:35 PM PDT

After the closing bell on October 27, Norfolk Southern Corp. (NYSE:NSC), the leading U.S. railroad company, reported its adjusted third quarter earnings of $1.19 per share, beating the Zacks Consensus Estimate by 10 cents. Earnings per share shot up 47% year over year from 81 cents in the year-ago quarter. Earnings were driven by higher prices, cost control and strong shipments.
Total revenue improved 19% year over year to $2.456 billion, owing to higher traffic volume (up 15%) as a result of a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Penn Virginia LP Misses, Revs Gain

Posted: 28 Oct 2010 04:35 PM PDT

Penn Virginia Resource Partners L.P. (NYSE:PVR) reported third quarter adjusted earnings of 25 cents per unit, 5 cents below both the Zacks Consensus estimate and the year-ago earnings of 30 cents.
 
GAAP earnings of Penn Virginia Resource for the third quarter of 2010 were 9 cents per unit compared with 24 cents recorded in the year-ago period. GAAP earnings in the quarter included non-cash derivative gains for the period.
 
Total Revenue
 
Penn Virginia Resource's total … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bemis Misses Zacks Estimates

Posted: 28 Oct 2010 04:05 PM PDT

Bemis Company Inc. (NYSE:BMS) reported third-quarter 2010 adjusted EPS of 57 cents, falling short of the Zacks Consensus Estimate of 60 cents, but in line with management's guidance of 55 to 60 cents per share. On a year-over–year basis, the company maintained its streak of double-digit growth so far in 2010 with a 19% climb over 48 cents per share in the year-ago period. The improvement was driven by a 44% climb in revenues particularly led by robust performance at the Flexible Packaging … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Nintendo’s Six Month Earnings Disappoint

Posted: 28 Oct 2010 04:00 PM PDT

10/28/10 During the six months ended September 30th, nintendo posted a decline in profit, revenue, & unit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Loss Widens For Vertex

Posted: 28 Oct 2010 03:50 PM PDT

Vertex Pharmaceuticals Inc. (NASDAQ:VRTX) posted a higher third-quarter loss (including stock-based compensation expense) of 99 cents per share, compared with the Zacks Consensus Estimate of a loss of 91 cents and the year-ago loss of 83 cents.
Increased expenses related to the potential launch of telaprevir (being developed for the treatment of hepatitis C virus or HCV) led to the decline.
Quarter in Detail
Quarterly revenues amounted to $23.8 million, lower than the Zacks Consensus Estimate of $31 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

A Decent 3Q At Dr Pepper

Posted: 28 Oct 2010 03:50 PM PDT

Dr Pepper Snapple Group Inc. (NYSE:DPS) reported third-quarter 2010 adjusted earnings of 64 cents per share, compared with 59 cents in the year-ago period. Quarterly earnings also topped the Zacks Consensus Estimate of 60 cents.

During the quarter, Dr Pepper's net sales grew 2% year over year to $1.46 billion, narrowly missing the Zacks Consensus Estimate of $1.47 billion. The year-on-year growth was mainly attributable to higher sales volume, favorable foreign currency translations and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Portfolio Recovery Surpasses

Posted: 28 Oct 2010 03:35 PM PDT

Portfolio Recovery Associates Inc. (NASDAQ:PRAA) reported its third-quarter income from continuing operations of $18.5 million or $1.08 per share, surpassing the Zacks Consensus Estimate of $1.05. The strong earnings were primarily driven by higher-than-expected top-line growth attributable to continuous improvement in core call center and legal collections.
Moreover, investments in bankruptcy portfolios continued to mature, which in turn helped surmount the weak economy and add significant … [visit site to read more] or compare Best Credit Cards and Best CD Rates

CTS Corporation Rolls Along

Posted: 28 Oct 2010 03:35 PM PDT

On October 26th 2010, CTS (NYSE:CTS) announced results for the third quarter of fiscal year 2010 ending September 2010. Revenue for the period was $139.4 million, up 0.4% sequentially from $138.9 million and up 10.1% year over year.

Components and Sensors segment sales increased 29% from the same period last year, reflecting both improved global economic conditions and new product introductions. Third quarter 2010 sales of sensor and actuator products increased 20% from the same period last year, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Omnicell Beats By A Penny

Posted: 28 Oct 2010 03:35 PM PDT

Omnicell Inc. (NASDAQ:OMCL) reported third quarter 2010 earnings per share (EPS) of 11 cents, surpassing the year-ago quarter's 10 cents. After adjusting for stock-based compensation expenses, EPS was 4 cents, closely beating both the Zacks Consensus Estimate of 2 cents and year-ago quarter's earnings of 3 cents.
Revenue in the quarter increased 4% year over year and 3% sequentially to $56.3 million, marginally beating the Zacks Consensus Estimate of $56.0 million. Total revenue included 2.9% … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Abaxis Tops Estimates

Posted: 28 Oct 2010 03:35 PM PDT

Abaxis Inc.(NASDAQ:ABAX) reported second-quarter fiscal 2011 earnings per share (EPS) of 17 cents, beating both the Zacks Consensus Estimate of 16 cents and the year-ago quarter's 14 cents.
Net sales during the quarter increased 17% year over year to $35.3 million, marginally beating the Zacks Consensus Estimate of $35 million.  The growth was attributable to an increase in Veterinary sales (23%), strong growth in Consumables (21%) and higher sales of Piccolo Chemistry analyzers (38%) in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Expedia Travels Beyond Estimates

Posted: 28 Oct 2010 03:05 PM PDT

Expedia Inc. (NASDAQ:EXPE) reported third quarter 2010 earnings of 62 cents per share (according to company provided diluted earnings per share figure) beating Zacks Consensus estimates of 55 cents. EPS also increased 51.2% sequentially and 37.8% year-over-year.
With bookings increasing significantly Expedia reported an increased and profitable income for the quarter. Moreover, higher operating income and a lower effective tax rate helped the company pull up a strong quarter.
Journey of the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crown Castle Outperforms

Posted: 28 Oct 2010 03:05 PM PDT

Yesterday after closing bell, Crown Castle International Inc. (NYSE:CCI) declared third quarter 2010 financial results that significantly exceeded the Zacks Consensus Estimate. This excellent result was primarily due to higher revenues, higher adjusted EBITDA and massive increase in recurring cash flow.
Net Profit
GAAP net loss was approximately $135.0 million or a loss of 49 cents per share compared with a net loss of just $31.6 million or a loss of 13 cents per share in the year-ago quarter. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hanger Beats But Profit Slides

Posted: 28 Oct 2010 03:05 PM PDT

Hanger Orthopedic (NYSE:HGR) posted adjusted earnings per share of 37 cents for third quarter fiscal 2010, beating the Zacks Consensus Estimate of 35 cents and exceeding the year-ago earnings of 30 cents.
The adjusted earnings exclude costs (of $8 million) associated with the relocation of the company's corporate headquarters and charges (of $0.6 million) related to the recently announced acquisition of Nevada-based rehabilitation technologies provider Accelerated Care Plus (“ACP”). Net income … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Day Ahead: Earnings, US GDP 3Q

Posted: 28 Oct 2010 03:00 PM PDT

10/29/10 The stories, data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Microsoft Surprises To The Upside

Posted: 28 Oct 2010 02:35 PM PDT

After the closing bell Thursday, Microsoft Corporation (NASDAQ:MSFT) posted impressive earnings results from its fiscal 1st quarter of 2011. The software giant brought in 62 cents per share in the quarter on revenues of $16.2 billion. The Zacks Consensus Estimates were 55 cents per share and $15.735 billion, respectively.

It’s actually an even better report than it looks at first glance — analysts covering MSFT stocks had been fairly busy over the past month downwardly revising estimates for the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Cardinal Beats EPS, Misses On Sales

Posted: 28 Oct 2010 02:20 PM PDT

Cardinal Health (NYSE:CAH) reported first-quarter fiscal 2011 (ended September 30) adjusted (excluding one-time expenses) earnings per share of 64 cents, exceeding the Zacks Consensus Estimate of 53 cents as well as the year-ago figure of 54 cents.
Revenues
Total revenue was $24.4 billion in the reported quarter, down about 1% year over year. Reported results were also below the Zacks Consensus Estimate of $25.1 billion.
Segment Revenue
The Pharmaceutical segment reported first-quarter revenue of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

FMC Disappoints On Revs, Backlog Up

Posted: 28 Oct 2010 02:06 PM PDT

Oil drilling equipment maker FMC Technologies Inc. (FTI) reported third quarter 2010 earnings per share from continuing operations of 66 cents, slightly below the Zacks Consensus Estimate of 67 cents. Compared with the year-ago quarter, earnings per share declined 9.6% from 73 cents, primarily due to lower volumes and reduced operating income.
The company's quarterly revenues of $960 million came in short of our expectation of $1,000 million as sales declined in the company's Energy … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Symantec Delivers A Strong 2Q

Posted: 28 Oct 2010 02:06 PM PDT

Symantec Corporation (NASDAQ:SYMC) reported second quarter fiscal 2011 earnings per share of 34 cents, exceeding the Zacks Consensus Estimate of 25 cents.This apart, the quarter's revenue of $1.48 billion also exceeded the Zacks Consensus Estimate of $1.45 billion.
Revenue
Symantec reported second quarter fiscal 2011 GAAP revenue of $1.480 billion, up 2% compared to $1.474 billion reported in the year-ago quarter. The increase in revenue may be attributed to solid performance by the Backup and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Brinker Beats, Shares Fall

Posted: 28 Oct 2010 02:06 PM PDT

Brinker International Inc. (NYSE:EAT), the world’s leading casual dining restaurant company, reported first quarter 2011 adjusted earnings per share of 21 cents, surpassing the Zacks Consensus Estimate of 15 cents and 12 cents in the prior- year quarter. The upside in earnings was driven by reduced expenses and a lower tax rate.
On a GAAP basis, the owner of the Chili's Grill & Bar and Maggiano’s Little Italy, reported first quarter earnings of 21 cents per share, which soared 40% from 15 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up At The End Of U.S. Session

Posted: 28 Oct 2010 01:55 PM PDT

The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.

EUR/USD was trading at 1.3930, up 1.18% at time of writing.

The pair was likely to find support at 1.3734, Wednesday's low, and resistance at 1.4080, Monday's high.

Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted 434.00K last week from 455.00K in the preceding week whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Closing Bell Market Monitor: MOT, MMM, HAL

Posted: 28 Oct 2010 01:48 PM PDT

10/28/10 The latest in news, commentary, and information on what’s moving the US equities markets. Watch this broadcast LIVE at 4:00 pm EST daily @ … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Las Vegas Sands Beats

Posted: 28 Oct 2010 01:36 PM PDT

Las Vegas Sands Corp. (NYSE:LVS) recorded adjusted earnings of 34 cents per share in the third quarter of 2010, beating the Zacks Consensus Estimate of 23 cents and 3 cents in the year-earlier quarter.
On a GAAP basis, the company reported net income of $168.0 million or 21 cents, compared with a loss of $123.0 million or 19 cents in the year-ago quarter, primarily reflecting an increase in operating income.
Quarterly revenues climbed 67.3% year over year to $1.91 billion, outperforming the Zacks … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Sierra Monitor Rings Up Solid 3Q

Posted: 28 Oct 2010 01:36 PM PDT

Sierra Monitor Corporation (SRMC) designs and develops hazardous gas monitoring devices for the protection of personnel and facilities in industrial work places. Through its subsidiary FieldServer Technologies, the firm has branched into protocol translation technology, which enables machine to machine (M2M) communication in energy and building automation applications.

This high growth business should complement the gas detection business, while not sacrificing market or margins. FieldServer … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AutoNation Misses Expectations

Posted: 28 Oct 2010 01:36 PM PDT

AutoNation Inc. (NYSE:AN) reported a 9% fall in net income to $58.5 million for the third quarter of 2010 from $64.4 million in the year-ago period. However, on earnings per share basis, profit rose 8% to 39 cents from 36 cents in the third quarter of 2009 as the company had 149.6 million shares outstanding for the quarter ended on September 30, 2010, down from 179.2 million for the quarter ended on September 30, 2009. With this, the company has missed the Zacks Consensus Estimate by 3 cents per … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Up Toward The End Of U.S. Session

Posted: 28 Oct 2010 01:30 PM PDT

The Australian Dollar was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.

AUD/USD was trading at 0.9786, up 0.67% at time of writing.

The pair was likely to find support at 0.9652, Wednesday's low, and resistance at 0.9974, Monday's high.

Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted 434.00K last week from 455.00K in the preceding week whose figure was revised up … [visit site to read more] or compare Best Credit Cards and Best CD Rates

America Movil Misses Expectation

Posted: 28 Oct 2010 01:10 PM PDT

America Movil (NYSE:AMX) reported its third quarter earnings per ADS of 90 cents missing the Zacks Consensus Estimate by 4 cents while increasing 7.4% from the year-ago earnings per ADS of 84 cents. Net profit climbed 8.8% year over year to approximately MXN23.4 billion ($1.83 billion).
Quarterly, total revenue was approximately MXN153.5 billion ($12 billion), up 5.3% year over year and was inched past the Zacks Consensus Estimate of $11.8 billion. Services revenue was MXN83.5 billion ($6.53 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Markets Mixed At Close; Dow Jones Down 0.15%

Posted: 28 Oct 2010 01:10 PM PDT

Forex Pros – U.S. stocks were mixed after the closing bell on Thursday.

At the close of U.S. trade, the Dow Jones Industrial Average fell 0.15%, the S&P 500 index gained 0.10%, while the Nasdaq 100 index climbed 0.18%.

Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted 434.00K last week from 455.00K in the preceding week whose figure was revised up from 452.00K.

Analysts had expected Initial Jobless Claims to rise to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

RenaissanceRe Lags Estimates

Posted: 28 Oct 2010 12:55 PM PDT

RenaissanceRe Holdings Ltd. (NYSE:RNR) reported its third-quarter income from continuing operations of $90.9 million or $1.59 per share, way behind the Zacks Consensus Estimate of $2.20. This also compares unfavorably with an income of $242.2 million or earnings of $3.85 per share in the year-ago quarter.
The year-over-year decline in earnings was attributable to lower gross premiums written and a decline in net investment income, along with a rise in expenses during the quarter.
RenaissanceRe's … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Affymetrix Beats, Turns To Black

Posted: 28 Oct 2010 12:55 PM PDT

California-based genetic products maker Affymetrix Inc. (NASDAQ:AFFX) reported third-quarter fiscal 2010 adjusted net loss per share of 4 cents, lower than the Zacks Consensus Estimate of a loss of 6 cents. The adjusted loss excludes one-time items including a $4.1 million gain on repurchase of convertible notes.
Affymetrix posted a net income (on a reported basis) of $1 million (or 1 cent a share) as against a net loss of $8.8 million (or 13 cents a share) in the year-ago quarter. Besides the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

L-3 Communications Beats On EPS

Posted: 28 Oct 2010 12:55 PM PDT

L-3 Communications Holdings Inc. (NYSE:LLL) reported better-than-expected third quarter 2010 (ended September 25, 2010) results. In the reported quarter, the company achieved earnings of $2.04 per share (excluding debt retirement charge of 3 cents), higher than the Zacks Consensus Estimate of $2.02.
The company's earnings also streaked past the year-ago quarterly earnings of $1.90 (excluding tax benefit of 22 cents). The upside mainly came from the Command, Control, Communications, Intelligence, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Celgene Tops, Lifts View

Posted: 28 Oct 2010 12:55 PM PDT

Celgene Corporation's (NASDAQ:CELG) third quarter 2010 earnings (excluding special items but including stock-based compensation expense) of 65 cents per share was above the Zacks Consensus Estimate by 1 cent and the year-ago earnings by 17 cents. On a reported basis (including special items), the company earned 60 cents as opposed to 46 cents in the year-ago quarter.
The impressive showing was due to strong sales of Celgene's lead product, Revlimid. Revlimid boosted Celgene's third quarter … [visit site to read more] or compare Best Credit Cards and Best CD Rates

ACE Beats Estimates, Ups Guidance

Posted: 28 Oct 2010 12:35 PM PDT

ACE Limited (NYSE:ACE) reported a third-quarter 2010 net income of $2.01 per share, beating the Zacks Consensus Estimate of $1.84 by 17 cents. Results lagged earnings of $2.07 per share reported in the year-ago period. Net income in the quarter was $688 million, down 1.9% from $701 million in the third quarter of 2009.
Including net realized losses, net of tax, of $13 million or 4 cents per share, ACE Limited reported a net income of $675 million or $1.97 per share compared with $494 million or … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Owen-Illinois Sees Sales & EPS Drop

Posted: 28 Oct 2010 12:35 PM PDT

This article has been unpublished. Walter, need new message.
 
OWENS-ILLINOIS (OI): Free Stock Analysis … [visit site to read more] or compare Best Credit Cards and Best CD Rates

LSI Revenue Misses, EPS Tops

Posted: 28 Oct 2010 12:35 PM PDT

California-based semiconductor company LSI Corp. (NYSE:LSI) reported revenues of $629 million in the third quarter of 2010, up 8.8% year over year but down 1.6% sequentially and toward the low end of management's guidance of $625 – $655 million. The results missed the Zacks Consensus Estimate of $641 million.
LSI Corp. reports revenues in two segments – Semiconductors and Storage Systems.
Semiconductor revenues for the second quarter were $390 million, down 6% sequentially but up 5% year … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Access Pharma Progresses CobOral

Posted: 28 Oct 2010 12:35 PM PDT

Access Pharma: Continues to make progress to monetize its CobOral drug delivery technology

Yesterday (October 27, 2010), Access Pharmaceuticals Inc. (ACCP) announced it has entered into a pre-licensing feasibility agreement with a leading biopharmaceutical company to develop an oral formulation of an undisclosed prostate cancer compound utilizing its proprietary vitamin B-12-based CobOral™ Drug Delivery Technology.

Access will develop CobOral formulations for testing by the biopharma … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Down On U.S. Data

Posted: 28 Oct 2010 12:20 PM PDT

The U.S. Dollar was lower against the Japanese Yen on Thursday after the release of U.S. data on Initial Jobless Claims.

USD/JPY was trading at 81.05, down 0.87% at time of writing.

The pair was likely to find support at 80.42, Monday's low, and resistance at 81.98, Wednesday's high.

Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted 434.00K last week from 455.00K in the preceding week whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Risk Appetite Returns On Data

Posted: 28 Oct 2010 11:56 AM PDT

10/28/10 Risk appetite appears to have returned this session within the forex markets following a slew of positive economic … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Weekly Rail Traffic Continues Upward Trend

Posted: 28 Oct 2010 11:54 AM PDT

WASHINGTON, D.C. – Oct. 28, 2010 – “The Association of American Railroads (AAR) today reported that weekly rail traffic remains up over 2009 levels with U.S. railroads originating 302,855 carloads for the week ending Oct. 23, 2010, up 9.6 percent compared with the same week last year (see chart).  Intermodal traffic for the week totaled 235,606 trailers and containers, up 13.6 percent compared with the same week a year ago, with container volume up 14.6 percent and trailer volume up … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up On Economic Data

Posted: 28 Oct 2010 11:30 AM PDT

The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.

EUR/USD was trading at 1.3931, up 1.18% at time of writing.

The pair was likely to find support at 1.3734, Wednesday's low, and resistance at 1.4080, Monday's high.

Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted 434.00K last week from 455.00K in the preceding week whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Road Beyond The Congestion

Posted: 28 Oct 2010 07:11 AM PDT

“If you watch for and navigate the turns, the trends will take care of themselves.”
While driving around the hilly, windy, wooded roads in our neighborhood, I imagine myself peering around bends as if I were actually able to see an on-coming car approaching that bend from the opposite direction. I know it’s physically impossible but imagining that I could see that approaching car gives me confidence that I’m prepared to evade any on-coming car that may have crossed over to my side.
At times … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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