DailyMarkets.com - Exxon Plans To Save Costs
DailyMarkets.com - Exxon Plans To Save Costs |
- Exxon Plans To Save Costs
- MarkWest Blows Away Estimates
- ImmunoCellular Therapeutics: At The Forefront Of Targeting Cancer Stem Cells
- Hana Bioscience: Poised To Deliver Shareholder Value
- Forex – GBP/USD Rebounds As U.S. Attracts Criticism Ahead Of G20
- Risk Appetite Regains Its Footing; Gold And Silver Continue Northern Journey
- Obama, Bernanke Defend Quantitative Easing, But Everyone Else Hates It
- America To Face Attacks On Quantitative Easing Policy At G20 Summit As Currency War Rages On
- Forex – EUR/USD Trims Losses After Greek Debt Auction
- Newly-Empowered House Republicans To Challenge Dodd-Frank Financial Reform Bill
- Six Ways To Profit As China Emphasizes Domestic Consumption Over Export-Driven Growth
- Stocks To Watch On Tuesday: Bank Of America, General Electric, Oracle, Rio Tinto, SAP, Genzyme, Sanofi Aventis, Randgold, Nokia, Barclays, Vodafone, BP
- European Stocks Rise On Upbeat Earnings; DAX Up 0.57%
- U.K. Trade Deficit Narrows Less-than-expected
- U.K. Manufacturing Production Rises Less-than-expected
- Forex – Dollar Broadly Higher Vs. Rivals As Focus Swings To Euro Zone
- Stock Trading Plan For Tuesday: GLD, LVS, FCEL, BZ, ILMN
- Forex – USD/CHF Hits Daily Low As Risk Appetite Wanes
- Forex – USD/JPY Hits 2-day Low As China Tightens Financial Regulations
- Forex – Pound Hits 4-day Low Against Broadly Stronger Dollar
- U.S. Banks Increase Their Appetite For Treasury Bonds Despite Fed’s Efforts To Spur Lending
- Asia Stocks Mixed As Yen Strengthens; Nikkei Sheds 0.39%
- Forex – EUR/USD Tumbles To 7-day Low As Debt Fears Punish Euro
- The Alberta Bakken Has Major Oil Companies Watching Closely
- Has The Stock Market Lost Its Upward Momentum?
- Growth & Income Stock: Steris Corp
- Aggressive Growth Stock: Solera Holdings
- Bear Of The Day: Monsanto Company (MON)
- Bull Of The Day: EI DuPont De Nemours & Co. (DD)
- Momentum Stock: Crocs, Inc.
- Euro Likely To Trade Lower As European Debt Crisis Takes Center Stage Again
- Is It Worth Holding Santarus Shares?
- Crude Oil Pauses At Resistance As Breakout Anticipated, Gold Records Continue To Be Broken Despite Firm Dollar
- Forex – EUR/USD Down During The Asian Session
- Forex – EUR/JPY Down During The Asian Session
- How To Manage Risk, Increase Income And Maximize Returns With Mohsin Bashir, CFA Of Highwater Capital Management
- Forex – GBP/USD Down During The Asian Session
- Forex – EUR/JPY Down During The Asian Session
- Forex – GBP/JPY Down During The Asian Session
- Four ETFs Reaping The Benefits Of Gold’s Luster
- Forex – EUR/USD Down During The Asian Session
- Forex – AUD/USD Down During The Asian Session
- Singapore Stock Market Update For Tuesday 09 November
- Risk Appetite May Have Cooled Its Tempo But Oil And Gold Still Set New Highs
- The Neighbors Complain About Ben’s Party
Posted: 09 Nov 2010 05:08 AM PST ExxonMobil Corp. (NYSE:XOM) is planning to reduce development costs in the Upper Zakumoil field off Abu Dhabi. The company will build four artificial islands in this region along with its partners that could lead to a billion dollars in cost savings. |
Posted: 09 Nov 2010 05:08 AM PST MarkWest Energy Partners L.P. (NYSE:MWE), a master limited partnership ("MLP"), reported strong third quarter results, reflecting a robust performance of its core assets and the growing contribution from the Marcellus expansion projects. |
ImmunoCellular Therapeutics: At The Forefront Of Targeting Cancer Stem Cells Posted: 09 Nov 2010 04:40 AM PST Written by Grant Zeng, CFA |
Hana Bioscience: Poised To Deliver Shareholder Value Posted: 09 Nov 2010 04:40 AM PST Written by Grant Zeng, CFA Hana Biosciences Inc. ( HNAB ) A decent pipeline with late stage candidates… |
Forex – GBP/USD Rebounds As U.S. Attracts Criticism Ahead Of G20 Posted: 09 Nov 2010 04:32 AM PST Forex Pros – The pound turned higher against the U.S. dollar on Tuesday, rebounding from a 4-day low as the Federal Reserve's stimulus plan attracted fresh criticism ahead of a G20 world economic summit. GBP/USD clawed up from 1.6066, the pair's lowest since November 3 to hit 1.6167 during European early afternoon trade, gaining 0.20%. Cable was likely to find support at 1.5960, the low of November 2 and resistance at 1.6212, Monday's high. Earlier in the day, Taiwan announced that … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Risk Appetite Regains Its Footing; Gold And Silver Continue Northern Journey Posted: 09 Nov 2010 03:45 AM PST
Fundamental Headlines |
Obama, Bernanke Defend Quantitative Easing, But Everyone Else Hates It Posted: 09 Nov 2010 03:30 AM PST Even as Barack Obama and Ben Bernanke publicly defend the Federal Reserve’s new $600 billion quantitative easing program, top finance officials around the globe are expressing alarm and outrage. But what did Obama and Bernanke expect? “Quantitative easing” is little more than legalized cheating. For a moment, imagine that the global economy is a giant game of Monopoly. Essentially what Bernanke has done is that he has just reached under the table and has slipped another $600 … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
America To Face Attacks On Quantitative Easing Policy At G20 Summit As Currency War Rages On Posted: 09 Nov 2010 03:20 AM PST The United States will go on the defense at this week’s Group of 20 (G20) meeting, having to explain its quantitative easing (QE2) policy to foreign leaders who have criticized the move as a currency war tactic to weaken the dollar and damage other countries’ export-driven recoveries. China, Brazil, Germany and South Africa all have spoken out against the U.S. Federal Reserve’s announcement last week that it will buy $600 billion in U.S. Treasuries through June. Finance policymakers … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – EUR/USD Trims Losses After Greek Debt Auction Posted: 09 Nov 2010 03:19 AM PST Forex Pros – The euro trimmed early losses against the U.S. dollar on Tuesday, retreating from a 7-day low following a successful auction of Greek Treasury bills. EUR/USD clawed up from 1.3823, the pair's lowest since October 29 to hit 1.3909 during European morning trade, shedding 0.07%. The pair was likely to find support at 1.3763, the low of October 28 and resistance at 1.4089, Monday's high. Earlier in the day, the Greek Public Debt Management Agency auctioned EUR300 million of … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Newly-Empowered House Republicans To Challenge Dodd-Frank Financial Reform Bill Posted: 09 Nov 2010 03:15 AM PST With Republicans taking control of the House of Representatives, much of the Democratic agenda will be challenged in the months ahead. That includes the Dodd-Frank financial reform legislation, which Congressional Republicans have already pledged to weaken. The financial reform bill passed in June and brought with it increased consumer protection, trading restrictions for big banks, and tighter regulation of financial products. However, the bill still fell short of dramatic Wall Street … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Six Ways To Profit As China Emphasizes Domestic Consumption Over Export-Driven Growth Posted: 09 Nov 2010 02:55 AM PST Money Morning’s Keith Fitz-Gerald passes a Pizza Hut restaurant in Beijing’s Central Business District in China. Pizza Hut is an example of a U.S. company that’s doing well with China’s shift to consumerism. BEIJING, People’s Republic of China – There’s something inherently satisfying about waking up on a clear, crisp fall day in this bustling capital city, and seeing this headline atop the lead story in this morning’s China Daily newspaper: “World Bank Sees Change in Growth … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 09 Nov 2010 02:39 AM PST BP (NYSE:BP) – Co. did not put cost before safety in drilling the Macondo well that ruptured in April, according to the presidential commission investigating the spill in the gulf of Mexico. (FT) UK Vodafone (NYSE:VOD) – Co.'s H1 EBITDA GBP 7.36bln vs. Exp. GBP 7.29bln, and H1 sales GBP 22.6bln vs. Exp. GBP 22.3bln. Co. said interim dividend GBP 0.0285, and said impairment charges were GBP 800mln in respect of Greece. Co. upgraded full year profit guidance, and said full year … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
European Stocks Rise On Upbeat Earnings; DAX Up 0.57% Posted: 09 Nov 2010 02:20 AM PST Forex Pros – European stocks advanced on Tuesday, boosted by upbeat corporate earnings reports, while U.S. futures indexes pointed to a higher open on Wall Street. During European morning trade, the EURO STOXX 50 was up 0.73%; France's CAC 40 rose 0.59%; while Germany’s DAX gained 0.57%. In earnings news, shares in the world's largest mobile-phone company Vodafone gained 1.69% after it said fiscal first-half profit rose to GBP 8.24 billion, up from GBP 5.74 billion a year earlier. The … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
U.K. Trade Deficit Narrows Less-than-expected Posted: 09 Nov 2010 01:50 AM PST Forex Pros – The U.K.'s trade deficit narrowed less-than-expected in September, official data showed on Tuesday. In a report, , the U.K. Office for National Statistics said the country’s trade deficit narrowed to a seasonally adjusted GBP 8.2 billion in September, compared to a deficit of GBP 8.5 billion in August, whose figure was revised from a deficit of GBP 8.2 billion. Economists had expected the trade deficit to narrow to GBP 7.9 billion in September. The report said that the … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
U.K. Manufacturing Production Rises Less-than-expected Posted: 09 Nov 2010 01:39 AM PST Forex Pros – Manufacturing production in the U.K. rose less-than-expected in September, official data showed on Tuesday. In a report, the U.K. Office for National Statistics said that manufacturing production rose by a seasonally adjusted 0.1% in September, after rising by 0.4% in August, whose figure was revised up from 0.3%. Economists expected manufacturing production to rise by 0.3% in September. The report showed that year-on-year, manufacturing production rose by 4.8% in September, … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – Dollar Broadly Higher Vs. Rivals As Focus Swings To Euro Zone Posted: 09 Nov 2010 01:22 AM PST Forex Pros – The U.S. dollar was broadly higher against its major counterparts on Tuesday, as concerns about peripheral euro zone sovereign debt resurfaced after markets digested the Federal Reserve stimulus plan unveiled last Wednesday. During European morning trade, the greenback was up against the euro, with EUR/USD shedding 0.52% to hit 1.3847. On Monday, European Union Commissioner Olli Rehn said Ireland hadn’t requested any financial backstops from the EU. The greenback was also … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Stock Trading Plan For Tuesday: GLD, LVS, FCEL, BZ, ILMN Posted: 09 Nov 2010 01:10 AM PST We locked in a 82% gain on Las Vegas Sands (NYSE:LVS) Friday and locked in a 31% gain on another stock on Monday. FuelCell Energy (NASDAQ:FCEL) takes off to close up over 22% in 1 day. We are now up 31% in 3 weeks on this one. We sent out an intraday alert closing ½ of the position locking in a 31% gain. If you missed the call you can always trail a stop or close in the morning SPDR Gold Shares (GLD) once again hit new highs and rallied despite a strong dollar. We are now up 31% and 43% … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – USD/CHF Hits Daily Low As Risk Appetite Wanes Posted: 09 Nov 2010 12:53 AM PST Forex Pros – The U.S. dollar snapped 2-days of gains against the Swiss franc on Tuesday, falling to a daily low as risk appetite waned after Chinese authorities announced plans to crack down on financial markets. USD/CHF hit 0.9631 during European morning trade, a daily low; the pair subsequently consolidated at 0.9639, shedding 0.18%. The pair was likely to find support at 0.9547, the low of November 5 and resistance at 0.9736, the high of November 4. Earlier in the day, China’s State … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – USD/JPY Hits 2-day Low As China Tightens Financial Regulations Posted: 09 Nov 2010 12:35 AM PST Forex Pros – The U.S. dollar was down against the yen on Tuesday, falling to hit a 2-day low amid increased risk aversion after Chinese authorities announced strict new financial market regulations. USD/JPY hit 80.74 during Early European trade, the pair's lowest since last Friday; the pair subsequently consolidated at 80.84, shedding 0.40%. The pair was likely to find support at 80.23, the low of November 1 and a 15-year low and resistance at 81.57, the high of November 3. Earlier in … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – Pound Hits 4-day Low Against Broadly Stronger Dollar Posted: 09 Nov 2010 12:10 AM PST Forex Pros – The pound was down against the broadly stronger U.S. dollar on Tuesday, falling to a 4-day low following the release of mixed U.K. data on house prices and retail sales. GBP/USD hit 1.6068 during early European trade, the pair's lowest since November 3; the pair subsequently consolidated at 1.6099, shedding 0.23%. Cable was likely to find support at 1.5960, the low of November 2 and resistance at 1.6212, Monday's high. Earlier in the day, the Royal Institute of Chartered … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
U.S. Banks Increase Their Appetite For Treasury Bonds Despite Fed’s Efforts To Spur Lending Posted: 09 Nov 2010 12:01 AM PST Despite the U.S. Federal Reserve’s efforts to spur lending by keeping interest rates low and pumping up liquidity with quantitative easing, banks continue to borrow from the government at low rates and reinvest the funds into higher-yielding Treasury bonds. U.S. commercial banks are buying the most Treasury and agency debt since the Fed began tracking the data in 1950, adding $186.2 billion to their inventories through Oct. 20 bringing the total to $1.62 trillion. At the same time, … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Asia Stocks Mixed As Yen Strengthens; Nikkei Sheds 0.39% Posted: 08 Nov 2010 11:53 PM PST Forex Pros – Asian stocks were mixed on Tuesday, as slumping energy sector shares led markets lower, and as the yen advanced against the U.S. dollar after China announced new financial regulations. During late Asian trade, Hong Kong’s Hang Seng Index was down 0.52%, South Korea’s Kospi Composite gained 0.26%, while Japan's Nikkei 225 Index shed 0.39%. In Japan, shares in the energy sector led declines as crude oil prices retreated from a 25-month high. Japan's biggest oil exporter Inpex … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – EUR/USD Tumbles To 7-day Low As Debt Fears Punish Euro Posted: 08 Nov 2010 11:33 PM PST Forex Pros – The euro was down against the U.S. dollar on Tuesday, tumbling to a 7-day low amid ongoing concerns about the debt problems of some peripheral euro zone nations, especially Ireland. EUR/USD hit 1.3838 during late Asian trade, the pair's lowest since October 29; the pair subsequently consolidated at 1.3866, shedding 0.38%. The pair was likely to find support at 1.3763, the low of October 28 and resistance at 1.4089, Monday's high. On Monday, European Union Commissioner for … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
The Alberta Bakken Has Major Oil Companies Watching Closely Posted: 08 Nov 2010 11:20 PM PST The best new shale oil play you've never heard of is getting ready to explode onto investors' radar early in 2011 – the Alberta Bakken. Located on either side of the Alberta/Montana border, the key land packages in this play have been assembled with very little news or fanfare – but by some very smart and successful companies, like Crescent Point (CPG-TSX) in Canada, and Rosetta Resources (NASDAQ:ROSE), Newfield Exploration (NYSE:NFX) and Murphy Oil (NYSE:MUR). But these larger … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Has The Stock Market Lost Its Upward Momentum? Posted: 08 Nov 2010 11:10 PM PST The rally lost its momentum Monday and the markets had a small sell-off. However, because of the slow news day and lack of any market data, most market participants focused on the action in the US Dollar that maintained its morning advance into the afternoon. Some upcoming data later this week — several retailers will announce earnings which will help gauge consumer spending this holiday season. See you Midday. It was a day of sluggish and uninspired market action Monday. With no … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Growth & Income Stock: Steris Corp Posted: 08 Nov 2010 11:05 PM PST Steris Corp (NYSE:STE) was able to keep the momentum going when it recently reported its 11th consecutive positive earnings surprise. Management also raised the lower end of its guidance, prompting several analysts to raise their estimates higher. |
Aggressive Growth Stock: Solera Holdings Posted: 08 Nov 2010 11:05 PM PST Solera Holdings (NYSE:SLH) analysts continue to raise estimates in light of the most recent quarterly earnings surprise. |
Bear Of The Day: Monsanto Company (MON) Posted: 08 Nov 2010 11:05 PM PST We reiterate our Underperform recommendation on Monsanto Company (NYSE:MON) based on low visibility on the yield performance of SmartStax seed in the coming years. Based on concerns regarding the performance of SmartStax seed, estimates have gone down by 6 cents and 14 cents for fiscal 2011 and 2012, respectively. |
Bull Of The Day: EI DuPont De Nemours & Co. (DD) Posted: 08 Nov 2010 11:05 PM PST DuPont (NYSE:DD) is focused on capturing $1 billion in working capital productivity gains during 2011-2013. The company is also on track to achieve a combined $600 million in benefits from fixed cost productivity and restructuring actions. |
Posted: 08 Nov 2010 11:05 PM PST Crocs, Inc. (NASDAQ:CROX) just hit a new multi-year high after surging on excellent Q3 results that included a 4% earnings surprise. With an average earnings surprise of 177% over the last four quarters and a bullish growth projection, this Zacks #1 rank stock is a shoe-in for momentum. |
Euro Likely To Trade Lower As European Debt Crisis Takes Center Stage Again Posted: 08 Nov 2010 10:59 PM PST Over the past month or so, world`s focus, currency markets in particular, has been centered mainly on the U.S. over QE2, the November elections, and the Job`s Report. As such, there have been some interesting headlines coming out of Europe that went quietly under the radar as Wall Street became infatuated with their own bullish sentiment. Now, with QE2 and mid-term election pretty much behind us, guess where the market's attention will shift to next? The euro, which has been … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Is It Worth Holding Santarus Shares? Posted: 08 Nov 2010 10:56 PM PST As expected, Santarus (NASDAQ:SNTS) reported a 3rd quarter loss after-hours Monday. This was mostly attributed to reduced sales because of generic Zegerid competition, one-time costs and their diabetes drug GLUMETZA shipments did not resume in August, as originally anticipated. The loss was more significant than analysts expected but, the company is still likely to rebound and has significant cash reserves to do so along with a solid pipeline. Unfortunately, the recovery might not happen … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 08 Nov 2010 10:51 PM PST Commodities – Energy |
Forex – EUR/USD Down During The Asian Session Posted: 08 Nov 2010 10:30 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.3868, down 0.37% at time of writing. The pair was likely to find support at 1.3838, today's low, and resistance at 1.4282, Thursday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.26% to hit 0.8602 and EUR/JPY falling 0.74% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – EUR/JPY Down During The Asian Session Posted: 08 Nov 2010 09:55 PM PST Forex Pros – The Euro was lower against the Japanese Yen on Tuesday. EUR/JPY was trading at 112.18, down 0.73% at time of writing. The pair was likely to find support at 112.07, today's low, and resistance at 115.42, Thursday's high. Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.43% to hit 1.3860 and EUR/GBP falling 0.28% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 08 Nov 2010 09:00 PM PST Mohsin Bashir, CFA is a Research Analyst and Chief Compliance Officer at Highwater Capital Management Managing risk using options doesn't have to be a hard endeavour. In this interview, you'll learn how one hedge fund analyst uses options to lower his average purchase price of a stock and boost the exit price, while collecting an income as a hedge. Furthermore, being an expert in preferred shares, you'll also learn some of the metrics and ways he uses to assess the value of a … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – GBP/USD Down During The Asian Session Posted: 08 Nov 2010 09:00 PM PST Forex Pros – The British Pound was lower against the U.S. Dollar on Tuesday. GBP/USD was trading at 1.6135, down 0.02% at time of writing. The pair was likely to find support at 1.6068, today's low, and resistance at 1.6299, Thursday's high. Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.32% to hit 0.8596 and GBP/JPY falling 0.33% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – EUR/JPY Down During The Asian Session Posted: 08 Nov 2010 08:00 PM PST Forex Pros – The Euro was lower against the Japanese Yen on Tuesday. EUR/JPY was trading at 112.28, down 0.64% at time of writing. The pair was likely to find support at 112.12, today's low, and resistance at 115.42, Thursday's high. Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.29% to hit 1.3879 and EUR/GBP falling 0.28% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – GBP/JPY Down During The Asian Session Posted: 08 Nov 2010 07:25 PM PST Forex Pros – The British Pound was lower against the Japanese Yen on Tuesday. GBP/JPY was trading at 130.53, down 0.38% at time of writing. The pair was likely to find support at 130.13, Thursday's low, and resistance at 132.02, Friday's high. Meanwhile, the British Pound was up against the U.S. Dollar and the Euro, with GBP/USD gaining 0.05% to hit 1.6145 and EUR/GBP falling 0.26% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Four ETFs Reaping The Benefits Of Gold’s Luster Posted: 08 Nov 2010 07:17 PM PST As sovereign debt concerns continue to emerge and the US continues to implement a loose monetary policy which results in increased money supply, gold continues to glimmer surpassing the $1,400 per ounce mark giving support to the SPDR Gold Shares (GLD), PowerShares DB Gold Fund (DGL), ETFS Physical Swiss Gold Shares (SGOL) and the Market Vectors Gold Miners ETF (GDX). |
Forex – EUR/USD Down During The Asian Session Posted: 08 Nov 2010 06:45 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.3886, down 0.24% at time of writing. The pair was likely to find support at 1.3847, today's low, and resistance at 1.4282, Thursday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.27% to hit 0.8600 and EUR/JPY falling 0.71% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – AUD/USD Down During The Asian Session Posted: 08 Nov 2010 05:50 PM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Tuesday. AUD/USD was trading at 1.0130, down 0.05% at time of writing. The pair was likely to find support at 1.0022, Thursday's low, and resistance at 1.0183, Friday's high. Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.19% to hit 1.3709 and AUD/JPY falling 0.14% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Singapore Stock Market Update For Tuesday 09 November Posted: 08 Nov 2010 05:29 PM PST Morning Highlights Singapore stocks opened slightly lower after Wall Street retreated overnight from a two-year high, weighed down by financial stocks and a stronger dollar. STI opened at 3299.50. U.S IBD/TIPP Economic Optimism (Nov) Corporate Announcements Keppel Land acquired additional 11.85% stake in Ocean Properties Pte. Ltd. for a cash consideration of S$107.1 million. Wilmar has received the Australian government approval for the takeover of … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Risk Appetite May Have Cooled Its Tempo But Oil And Gold Still Set New Highs Posted: 08 Nov 2010 04:16 PM PST North American Commodity Update |
The Neighbors Complain About Ben’s Party Posted: 08 Nov 2010 12:02 AM PST The reaction to the Fed’s QE2 program has come hot and fast. Emerging market authorities are complaining loudly about QE2. From Brazil to South Africa, the reaction has been swift and negative. China's Vice-Foreign Minister Cui Tankai said that the US "owes us some explanation on their decision" and PBoC governor Zhou Xiaochuan complained that QE2 "is not necessarily optimal policy for the world". In central banker-speak, that’s somewhat akin to Emperor Hirohito’s … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
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