Monday, December 20, 2010

DailyMarkets.com - 11 Credit Card Tips You Should Know Before You Travel

DailyMarkets.com - 11 Credit Card Tips You Should Know Before You Travel


11 Credit Card Tips You Should Know Before You Travel

Posted: 20 Dec 2010 07:35 AM PST

It’s hard to imagine traveling without a credit card these days as credit cards have so many advantages over debit cards, and there are also quite a few things you can’t quite do without having one.

A credit card lets you draw a line of credit from the card issuer so that you can spend more than what is currently in your checking account. When you are traveling, that might be necessary for the purchase of travel tickets or for emergencies.

Here are 11 credit card tips you should know … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Hot Stocks To Know For Monday: Oracle, Research In Motion, Marshall & Ilsley, Freeport-McMoRan Copper & Gold, Merck, AstraZeneca, British Airways

Posted: 20 Dec 2010 07:32 AM PST

Most US stocks rose Friday, sending the S&P 500 Index to a two-year high, as better-than-projected earnings forecasts at Oracle (NASDAQ:ORCL) and Research In Motion Ltd (NASDAQ:RIMM). While the takeover of a regional bank overshadowed concern Europe's debt crisis will spread.  Oracle jumped 3.9 percent to the highest price since 2001. Marshall & Ilsley Corp. (NYSE:MI) surged 18 percent as Bank of Montreal agreed to buy the lender for $4.1 billion. Freeport-McMoRan Copper & Gold Inc. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: NZDUSD Runs Into Key Upside Resistance

Posted: 20 Dec 2010 07:12 AM PST

The NZDUSD has run into some key upside resistance on the daily, hourly and 5 minute charts (at the 0.7424 area). Profit taking sellers have entered in against the level and may keep the topside contained for the day. For a review click on the following video … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stock Market News Briefs: AT&T, Bank Of America, ChevronTexaco, Illinois Tool Works, Mastercard Incorporated, Raytheon Company, Sasol Ltd., Sony, Talisman Energy, Applied Signal Technology, QUALCOMM Incorporated

Posted: 20 Dec 2010 07:06 AM PST

 AT&T (NYSE:T) plans a $1.925 billion purchase of Qualcomm’s (NASDAQ:QCOM) wireless spectrum

 Sasol (NYSE:SSL) offered $1.04 billion for 50% stake in Talisman Energy’s (NYSE:TLM) share gas assets

 Raytheon (NYSE:RTN) has offered shareholders $38 per share for Applied Signal Technology (NASDAQ:APSG) in a deal worth $490 million

 Barron’s view Illinois Tool Works (NYSE:ITW) shares, as underpriced with a 20+% upside potential

 Chevron (NYSE:CVX) announced suspension of production at a … [visit site to read more] or compare Best Credit Cards and Best CD Rates


FelCor Sells Asset

Posted: 20 Dec 2010 07:06 AM PST

FelCor Lodging Trust Inc. (NYSE:FCH), a real estate investment trust (REIT) that owns upper-upscale hotels, has recently sold the Sheraton Premiere Hotel at Tysons Corner in Vienna, Virginia, to The JBG Companies for $84.5 million in cash. The property, however, will continue to be operated under the 'Sheraton' brand by Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) in accordance with a long-term management contract.
Since its inception in 1960, The JBG Companies has evolved as an active … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Another Tupi Success For Petrobras

Posted: 20 Dec 2010 07:06 AM PST

Brazilian state-run energy giant Petroleo Brasileiro S.A. (PBR), or Petrobras S.A., announced the discovery of more light oil in the pre-salt reservoirs of the Tupi area in the country's Santos Basin. The new well – the eleventh in Tupi – reinforces the region's potential of 5-8 billion barrels of recoverable reserves.  
Drilled to a total depth of 7,018 feet (2,139 meters), the 3-BRSA-865A-RJS (3-RJS-677A) well, informally known as Tupi W, is located in the Tupi Evaluation … [visit site to read more] or compare Best Credit Cards and Best CD Rates


GM To Recall Crossovers

Posted: 20 Dec 2010 06:35 AM PST

General Motors (NYSE:GM) announced that it will recall 111,136 units of some of its mid-size crossover lineups next month due to a defective anchor to the seatbelt buckle that could lead to injuries in a crash.
The recalled lineups include Chevy Equinox (67,805 units), GMC Terrain (29,926 units) and Cadillac SRX (13,405 units) from the 2011 model year. As many as 97,843 units of these vehicles were sold in the U.S. and the rest in Canada and Mexico.
GM revealed that the defective buckles were … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Boeing Teams Up With Fujitsu

Posted: 20 Dec 2010 06:35 AM PST

The Boeing Company(NYSE:BA) has teamed up with Fujitsu Ltd (FJTSY) to develop a service to bring in more efficiency in aircraft maintenance operations. The duo will employ unique tools such as Radio Frequency Identification Devices (RFID) and Contact Memory Buttons (CMB) to allow its airline customers to use these technologies without needing to retrofit their own fleets. Airlines by using the services will be able to improve their cost structure by reducing inventory and manual data entry … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Swiss Franc: Rebound Expected

Posted: 20 Dec 2010 06:20 AM PST

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Japanese Yen: Caution

Posted: 20 Dec 2010 06:20 AM PST

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


British Pound: Rebound

Posted: 20 Dec 2010 06:20 AM PST

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Euro: Rebound

Posted: 20 Dec 2010 06:20 AM PST

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


U.S. Rig Count Slips

Posted: 20 Dec 2010 06:05 AM PST

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a fall in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting a decrease in the land rig count.
The Baker Hughes rig count, issued since 1944, acts as an important yardstick for drilling contractors such as Transocean Inc. (RIG), Diamond Offshore (DO), Noble Corp. (NE), Pride International (PDE), Nabors Industries (NBR), Patterson-UTI Energy (PTEN) and … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Vornado Acquires Mortgage Loan

Posted: 20 Dec 2010 06:05 AM PST

Vornado Realty Trust(NYSE:VNO), a leading real estate investment trust (REIT), has recently acquired a mortgage loan collateralized by the Springfield Mall in Fairfax County, Virginia. The company paid $115 million for the mortgage loan, which had an outstanding balance of $171.5 million.
 
Spanning 1.7 million square feet of retail space, the mall is one of the largest shopping destinations in Northern Virginia and is anchored by leading retailers such as J. C. Penney Company, Inc. (NYSE:JCP), … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – USD/CAD Reverses Losses After Weak Canadian Data

Posted: 20 Dec 2010 06:02 AM PST

Forex Pros – The U.S. dollar reversed losses against its Canadian counterpart on Monday, after official data showed that Canadian wholesale sales were unexpectedly flat in October.

USD/CAD clawed up from 1.0101, the daily low to hit 1.0143 during European afternoon trade, gaining 0.04%.

The pair was likely to find support at 1.0139, Friday's low and resistance at 1.0189, the high of December 2.

Statistics Canada said wholesale sales were flat in October, after rising by a revised 0.7% in … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Shipping Continues To Rebound

Posted: 20 Dec 2010 05:46 AM PST

1. Shipping at the Port of Portland for the month of November, at 1,094,893 short tons, was the highest shipping volume for the month of November since 2007, and year-to-date shipping at Portland is 31.1% ahead of last year.  

2. The number of full outbound containers leaving the Port of Seattle in October was the highest count (55,552) for any month during the last two years, and year-to-date shipping at Seattle is running 37.3% above the same period last year.   

3.  … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Fears Over French Downgrade Restrain Euro

Posted: 20 Dec 2010 05:44 AM PST

Risk-related currencies are making gains in early New York trading as European stocks inspired positive follow-through for S&P index futures. The dollar index has reversed an earlier gain and is losing out to the commodity pair from Australia and Canada. Meanwhile the euro is having a hard time moving forward as onlookers find new reasons to retain a bearish stance on the prospects for the region.
Euro – After a spate of downgrades and warnings over prospects for future downgrades for … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Canadian Wholesale Sales Unexpectedly Flat In October

Posted: 20 Dec 2010 05:36 AM PST

Forex Pros – Canadian wholesale sales were unexpectedly flat in October, official data showed on Monday.

In a report, Statistics Canada said wholesale sales were flat at 0.0% in October, after rising by 0.7% in September, whose figure was revised up from 0.4%.

Analysts had expected Canadian wholesale sales to rise by 0.7% in October.
 
The report showed that wholesale sales remained unchanged at CAD 44.9 billion in October, as an increase in the motor vehicle and parts subsector was … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Fluor Wins Facility Management Contract

Posted: 20 Dec 2010 05:35 AM PST

Fluor Corporation (NYSE:FLR) has been offered a design and construction management contract by International Business Machines (NYSE:IBM) for capital projects at three new locations in the northeast United States. Fluor is currently working at eight other IBM sites in Arizona, California, Colorado, Minnesota, North Carolina and Texas. Fluor will include the contract in the fourth quarter of 2010.
The three new facilities are located in New York.
Fluor stands out as one of the few engineering and … [visit site to read more] or compare Best Credit Cards and Best CD Rates


M&I To Be Acquired By BMO

Posted: 20 Dec 2010 05:35 AM PST

On Friday, bailed out lender Marshall & Ilsley Corporation (NYSE:MI) announced that it has entered into an agreement with the Canada based Bank of Montreal (NYSE:BMO) under which BMO will acquire all the shares of M&I in a stock-for-stock deal valued at $4.1 billion.
Under the terms of the deal, M&I's shareholders will receive 0.1257 share of BMO for each share of the company. The transaction is valued at $7.75 per share or 34% premium to the closing price of the company's share on … [visit site to read more] or compare Best Credit Cards and Best CD Rates


ITT Wins Contract

Posted: 20 Dec 2010 05:35 AM PST

ITT Corporation(NYSE:ITT) has won a contract for development of next generation counter-IED system. ITT is the only recipient of the order which is valued at $29 million.
The contract was awarded by The U.S. Naval Sea Systems Command.
The U.S. Naval Sea Systems Command has contracted for an equipment called Joint Counter Radio-Controlled Improvised Explosive Device Electronic Warfare or JCREW .
The system includes portable hand-held units, vehicle-mounted device designed for fixed site … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – Dollar Remains Broadly Lower Vs. Rivals In Quiet Trade

Posted: 20 Dec 2010 05:06 AM PST

Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Monday, as concerns over the European sovereign debt crisis and tensions on the Korean peninsula dampened risk appetite.

During European afternoon trade, the greenback was up against the euro, with EUR/USD shedding 0.38% to hit 1.3138.

Over the weekend, the European Central Bank expressed “serious concerns” that Ireland’s bailout package could affect the institution’s liquidity operations in the euro zone, … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Cartoon Of The Day

Posted: 20 Dec 2010 05:03 AM PST

Michael Ramirez via Dan … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – GBP/USD Holds Gains In Thin Trading Conditions

Posted: 20 Dec 2010 04:53 AM PST

Forex Pros – The pound held gains against the U.S. dollar on Monday, remaining close to the daily high, in quiet pre-holiday trade conditions as concerns over U.K. exposure to European debt lingered.

GBP/USD hit 1.5577 during European afternoon trade, the daily high; the pair subsequently consolidated at 1.5547, gaining 0.11%.

Cable was likely to find support at 1.5453, last Friday's low and a 3-month low and resistance at 1.5646, last Friday's high.

Earlier in the day, the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – EUR/USD Down, Hovering Close To 2-week Low

Posted: 20 Dec 2010 04:14 AM PST

Forex Pros – The euro was down against the U.S. dollar on Monday, hovering just above a 2-week low in thin pre-Christmas trade, as concerns over the ongoing euro zone debt crisis weighed.

EUR/USD hit 1.3126 during European afternoon trade, the pair's lowest since December 2; the pair subsequently consolidated at 1.3171, shedding 0.13%.

The pair was likely to find support at 1.3059, the low of December 2 and resistance at 1.3358, last Friday's high.

Over the weekend, the European … [visit site to read more] or compare Best Credit Cards and Best CD Rates


“What We Love Is Transparency” – Casey Smith, Wiser Wealth Management

Posted: 20 Dec 2010 04:00 AM PST

ActiveETFs | InFocus had a conversation with Casey Smith, who is the Principal and President of Wiser Wealth Management, a registered investment advisor based out of Marietta, Georgia. Wiser Wealth Management is a fee-only wealth management firm offering portfolio management, tax preparation, and estate planning. Wiser Wealth has been utilizing ETFs in client portfolios since 2004 and follows a passive management philosophy. Casey chats with us about how ETFs fit into his investment framework, … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – USD/JPY Touches Daily Low In Thin Pre-holiday Trading

Posted: 20 Dec 2010 03:59 AM PST

Forex Pros – The U.S. dollar edged down against the yen on Monday, to touch a daily low amid thin trade in the run-up to the Christmas break as heightened risk aversion supported the yen.

USD/JPY hit 83.73 during European early afternoon trade, the daily low; the pair subsequently consolidated at 83.77, shedding 0.23%.

The pair was likely to find support at 82.88, the low of December 14 and resistance at 84.44, last Thursday's high.

Risk sentiment was hit by increased tensions on the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Possible Sovereign Debt Ratings Cuts In Euro-Zone Mean More Pressure On Euro

Posted: 20 Dec 2010 03:45 AM PST

     

Fundamental Headlines
• Euro under Pressure in Quiet but Nervous Trading – Wall Street Journal
• South Korea Won Rebounds from Early Losses despite Live-fire Drill – Wall Street Journal
• European Financials see Dollar Funding Gap Widen – Financial Times
• French AAA Grade at Risk as Downgrades Sweep Europe – Bloomberg
• Oil Trades Close to 2-Year High as Cold Weather Boosts Heating Fuel Demand – Bloomberg
EURUSD: A recent sell-off in US … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – USD/CHF Edges Lower Amid Quiet Cautious Trade

Posted: 20 Dec 2010 03:42 AM PST

Forex Pros – The U.S. dollar was slightly lower against the Swiss franc on Monday, amid quiet trade in the final days before the Christmas break, as increased risk aversion generated support for the safe haven franc.

USD/CHF hit 0.9652 during European late morning trade, the daily low; the pair subsequently consolidated at 0.9665, shedding 0.23%.

The pair was likely to find support at 0.9556, last Friday's low and a 6-week low and resistance at 0.9733, last Thursday's high.

Sentiment … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Picture Du Jour: China – Happy To Help!

Posted: 20 Dec 2010 02:54 AM PST

A picture speaks a thousand words … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Laugh Out Loud: “DANG! I Forgot The Jobs,” Says Santa

Posted: 20 Dec 2010 02:30 AM PST

Rockhopper Exploration Secures Drilling Slots Ahead Of New Falklands Well In January

Posted: 20 Dec 2010 12:44 AM PST

Rockhopper Exploration (LON:RKH) , the oil and gas exploration group active in the Falkland Islands, reported this morning that it had entered into an agreement to take up two optional drilling slots under the original rig contract between Desire Petroleum (LON:DES) and Diamond Offshore Drilling, the owners of the Ocean Guardian drilling rig. Rockhopper said it was also in discussions to take up further well slots on the Ocean Guardian and that a 3D seismic programme was underway on its … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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