DailyMarkets.com - TNS To Acquire Research And Marketing

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• TNS To Acquire Research And Marketing
• PNG To Buy Gas Storage Facility
• Earnings Scorecard: Oracle
• Patterson-UTI Cut To Neutral
• Hot Option Plays: Sectors To Watch Into 2011
• Forex – EUR/USD Up During The U.S. Session
• Equinix Upgraded To Outperform
• The Christmas Tree Indicator: Economy’s Improving
• Hain Celestial In Neutral Lane
• Earnings Scorecard: ConAgra
• Forex – AUD/USD Down During The U.S. Session
• Risk Appetite Rises As Dollar Decline Continues
• AFC Refinances Credit Facility
• Honda To Recall Snow Blowers
• Forex – NZD/USD Down During The U.S. Session
• Options Traders Utilize Materials ETF Puts To Construct Bearish Positions
• Forex Trading: EURJPY. Watching 108.40 Level
• European Markets Close Lower; Dax Down 1.16%
• New Initial Jobless Claims Slide Below 400K, Chicago Business Barometer At 22-Year High
• Magnum To Take Over NGAS Resources
• POSCO Upgraded To Outperform
• FX Levels And Outlooks 12.30.2010 – USD/CAD AUD/USD Gold
• MEMC’s Solar Unit Wraps Up Rovigo
• Mitsubishi UFJ Morgan To Cut Jobs?
• Forex – EUR/USD Up At The End Of European Session
• Crude Continues To Touch $91
• Lockheed Wins Combat Ship Contract
• CNOOC’s CBM Endeavor
• Nasdaq May Expand In Japan
• New Bakken Acres In Hess Pie
• Forex – U.S. Dollar Mixed Vs. Rivals After Flurry Of Upbeat U.S. Data
• Forex – U.S. Dollar Mixed Vs. Rivals After Flurry Of Upbeat U.S. Data
• Forex – GBP/USD Extends Losses In Choppy Year-end Trade
• Forex – GBP/USD Extends Losses In Choppy Year-end Trade
• Sense On Cents Halls Of Fame And Shame: 2010 Inductees
• Sense On Cents Halls Of Fame And Shame: 2010 Inductees
• Opening Bell Market Monitor:
• Opening Bell Market Monitor:
• Forex Trading: EURUSD Tests 50% Of The Decembers Range At 1.3276
• Forex Trading: EURUSD Tests 50% Of The Decembers Range At 1.3276
• Forex – Euro Extends Gains Vs. U.S. Dollar, Hits 2-week High
• Forex – Euro Extends Gains Vs. U.S. Dollar, Hits 2-week High
• Notes Recover From Strong Initial Claims Report
• Notes Recover From Strong Initial Claims Report
• Tristel Hit By Termination Of North America Licence Agreement
• Russia’s Infrastructure Opportunity

TNS To Acquire Research And Marketing Posted: 30 Dec 2010 12:05 PM PST Advertising titan WPP Group Plc (NASDAQ:WPPGY), through its TNS network (a part of Kantar), entered into a definitive agreement to acquire the major stake holding in African custom research network, Research and Marketing Services group of companies. Research and Marketing Services specializes in providing in-depth knowledge of the African market in market and social research having operations spread over the West and Central Africa. The company provides services in sectors including consumer goods, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

PNG To Buy Gas Storage Facility Posted: 30 Dec 2010 11:35 AM PST PAA Natural Gas Storage L.P. (PNG), a unit of Plains All American Pipeline L.P. (NYSE:PAA), has agreed to buy SG Resources Mississippi LLC for roughly $750 million to increase exposure in the Gulf Coast market. The acquisition will help PAA Natural Gas Storage to gain control of SG Resources' salt-cavern natural gas storage facility, the Southern Pines Energy Center. It will also provide PAA Natural Gas Storage with access to eight pipelines that serve the Gulf Coast, Northeast, Mid-Atlantic … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Scorecard: Oracle Posted: 30 Dec 2010 11:35 AM PST Software giant Oracle Corp. (NASDAQ:ORCL) reported better-than-expected second quarter 2011 results with both earnings and revenues easily beating the Zacks Consensus Estimates. The results were driven by strong new software license sales (sales to new customers) and growth in hardware sales, boosted by the acquisition of Sun Microsystems. Third quarter 2011 outlook was also above the Zacks Consensus Estimate, leading to a substantial rise in analysts' estimates for the third quarter and full … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Patterson-UTI Cut To Neutral Posted: 30 Dec 2010 11:35 AM PST We have downgraded onshore contract driller Patterson-UTI Energy Inc. (NASDAQ:PTEN) to Neutral from Outperform following the stock's recent gains, which have brought its valuation in line with our earlier expectations. Patterson-UTI is one of the largest onshore contract drillers in the U.S. with approximately 350 land-based rigs that operate primarily in the oil and natural gas producing regions of North America. Additionally, the company is engaged in the exploration and production business and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hot Option Plays: Sectors To Watch Into 2011 Posted: 30 Dec 2010 11:19 AM PST Cusick's Corner With the markets winding down and a lot of year-in-review going on, it is worth pointing out a couple of markets that we need to keep an eye on going into 2011. 1). Currencies: the Dollar and Euro continue to dominate headlines but the Yen needs to be monitored too. The Yen has recently been on the move, there is no reason for it and that spells potential intervention by the BOJ to slow the pop in this currency so that the economy does not stagnate, specifically exports. 2). … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up During The U.S. Session Posted: 30 Dec 2010 11:15 AM PST Forex Pros – The Euro was higher against the U.S. Dollar on Thursday. EUR/USD was trading at 1.3295, up 0.52% at time of writing. The pair was likely to find support at 1.3073, Monday's low, and resistance at 1.3314, today's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 1.01% to hit 0.8618 and EUR/JPY rising 0.57% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Equinix Upgraded To Outperform Posted: 30 Dec 2010 11:05 AM PST We recently upgraded our long-term rating on Equinix Inc. (NASDAQ:EQIX), a leading provider of data center solutions, to Outperform from Neutral. The rating was upgrade on the back of third-quarter 2010 earnings results, which were in line with the Zacks Consensus Estimate. The upgrade was driven by strong demand across international markets, especially in the global data center services segment, encouraging fourth quarter and fiscal 2010 guidance and continuous efforts to expand the current … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Christmas Tree Indicator: Economy’s Improving Posted: 30 Dec 2010 10:57 AM PST Wall Street Journal (OAK PARK, Ill.) — “Sandhill Christmas Trees here sells fewer than 5,000 firs in a typical holiday season but this year it sold nearly 6,000, many as last-minute deliveries to retailers who had underestimated demand. Sandhill’s success mirrors that of tree farms across the U.S. Precise numbers won’t be available until late winter, when the National Christmas Tree Association completes its annual survey. But after two flat seasons, tree-farm associations in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hain Celestial In Neutral Lane Posted: 30 Dec 2010 10:35 AM PST A leader in natural food and personal care products categories with an extensive portfolio of well-known brands, The Hain Celestial Group Inc. (NASDAQ:HAIN) offers investors one of the strongest growth profiles in the industry. The stock is poised to surge once the economy rebounds and demand for healthier and natural food improves. Acquisitions have been a key part of the company's strategy to increase its market share. They have not only expanded the company's geographical presence but have … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Scorecard: ConAgra Posted: 30 Dec 2010 10:35 AM PST ConAgra Foods Inc. (NYSE:CAG) reported results for the second quarter 2011 on December 21, 2010 with an EPS of 45 cents, in line with the Zacks Consensus Estimate. Analysts following the stock remain neutral, but we expect a much improved result in the second half of fiscal 2011 due to the gradually increasing food prices. ConAgra expects 2011 EPS growth in the range of 5%–7% over the fiscal 2010 EPS of $1.74. Second Quarter Highlights ConAgra reported results for the second quarter of fiscal … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Down During The U.S. Session Posted: 30 Dec 2010 10:35 AM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Thursday. AUD/USD was trading at 1.0140, down 0.38% at time of writing. The pair was likely to find support at 0.9988, Monday's low, and resistance at 1.0198, today's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.82% to hit 1.3100 and AUD/JPY falling 0.20% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Risk Appetite Rises As Dollar Decline Continues Posted: 30 Dec 2010 10:19 AM PST 12/30/10 Risk appetite rebounded this session following strong economic data out of the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AFC Refinances Credit Facility Posted: 30 Dec 2010 10:05 AM PST AFC Enterprises Inc. (NASDAQ:AFCE), the franchisor and operator of Popeyes, the world’s second-largest quick-service chicken concept based on number of units, announced yesterday, the completion of a $100 million credit agreement.  The agreement was signed on December 23, with JPMorgan ChaseBank, North America, acting as an administrative agent, and certain other lenders. A first priority security interest in almost all the assets of the company secured the credit facility. The new credit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Honda To Recall Snow Blowers Posted: 30 Dec 2010 10:05 AM PST Honda Motor Co. (NYSE:HMC) announced that it will recall 18,500 snow blowers in order to repair their fuel-tank that seep or leak fuel, leading to fire. The company has received 90 complaints of fuel seepage. However, no fire accidents have been reported yet. The blowers were sold across the U.S. through Honda Power Equipment dealers from April 2005 till November 2010 for about $2,000 to $3,400. The company has advised its customers to stop using the snow blowers immediately and bring them to a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Down During The U.S. Session Posted: 30 Dec 2010 10:00 AM PST Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Thursday. NZD/USD was trading at 0.7678, down 0.12% at time of writing. The pair was likely to find support at 0.7457, Monday's low, and resistance at 0.7726, today's high. Meanwhile, the New Zealand Dollar was up against the Australian Dollar and down against the Euro, with AUD/NZD shedding 0.37% to hit 1.3187 and EUR/NZD rising 0.39% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Options Traders Utilize Materials ETF Puts To Construct Bearish Positions Posted: 30 Dec 2010 09:59 AM PST Options traders utilize Materials ETF puts to construct bearish positions Today’s tickers: XLB, XLF, VRGY & STJ Materials Select Sector SPDR ETF (XLB) – Options traders are initiating bearish strategies on the XLB, an exchange-traded fund designed to track the performance of the Materials Select Sector of the S&P 500 Index, with shares of the fund currently trading just 0.05% lower on the day at $38.43 as of 12:25pm. Investors bracing for a pullback in shares of the fund focused their … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: EURJPY. Watching 108.40 Level Posted: 30 Dec 2010 09:56 AM PST The 108.40 level is the 100 hour MA and a nice floor from last week earlier this week. The price in the EURJPY is in between the Goal Posts as defined by the 100 and 200 hour MAs. Earlier the price tested the 200 hour MA, but could not muster the courage to push through. Instead traders used the level to take profit. Look for buyers with stops below 108.26-30 area. A move below this area, keeps bears fully in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

European Markets Close Lower; Dax Down 1.16% Posted: 30 Dec 2010 09:55 AM PST Forex Pros – European stocks were down after the closing bell on Thursday. At the close of European trade, Germany's DAX fell 1.16%, London's FTSE 100 shed 0.42%, France's CAC 40 declined 1.03% and the EURO STOXX 50 was down 1.20%. Meanwhile, on Wall Street, equity markets were down after the open. The Dow Jones Industrial Average was down 0.19%; the S&P 500 index shed 0.22%, while the Nasdaq 100 index declined … [visit site to read more] or compare Best Credit Cards and Best CD Rates

New Initial Jobless Claims Slide Below 400K, Chicago Business Barometer At 22-Year High Posted: 30 Dec 2010 09:52 AM PST Today's US weekly jobless claims and Chicago Business Barometer reports were much better than expected, ending the year on a good note for US data. It undoes some of the concern following earlier reports this showing poor consumer confidence and weaker housing prices. Today's data focus on the labor market – a key for 2011, and overall business activity. Let's take a look. New Initial Jobless Claims Slide Below 400K Initial jobless claims fell by 34K, down to 388K for the week ended … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Magnum To Take Over NGAS Resources Posted: 30 Dec 2010 09:35 AM PST Houston, Texas-based Magnum Hunter Resources Corporation (MHR) announced the acquisition of Kentucky-based independent exploration and production company  NGAS Resources (NGAS) for approximately $98 millionin stock and debt. The deal will be executed as per the British Columbia law since NGAS Resources is a British Columbia corporation. Although the transaction has been approved by the boards of directors of both Magnum Hunter and NGAS Resources, it is pending consent of NGAS shareholders … [visit site to read more] or compare Best Credit Cards and Best CD Rates

POSCO Upgraded To Outperform Posted: 30 Dec 2010 09:35 AM PST We recently upgraded our rating for the South Korean steelmaker, POSCO (NYSE:PKX), from Neutral to Outperform. POSCO is the world's third largest steelmaker on the basis of output. The company primarily manufactures steel for the shipping and construction industries and operates through its two steel production facilities, the Pohang Works and the Gwangyang Works. We believe, over the long term, POSCO will remain well positioned to benefit from wide regional diversification with its growing … [visit site to read more] or compare Best Credit Cards and Best CD Rates

FX Levels And Outlooks 12.30.2010 – USD/CAD AUD/USD Gold Posted: 30 Dec 2010 09:12 AM PST USD/CAD – Continues to RangeResistance 1: 1.0020; R2: 1.0050; R3: 1.01-1.0110 Support 1: 0.9980- 1.00: S2: 0.98 - The USD/CAD is in the same range it was in yesterday, so there is no change in outlook. Just refer to yesterday's update for the upside and downside scenarios. FX Levels and Outlooks 12.29.2010 – USD/CAD AUD/USD Gold AUD/USD Breaks 1.0180Resistance 1: 1.0150: R2: 1.0180; target for break above 1.0180: 1.04 Support 1: 1.0070-1.0080; 61.8% retracement of swing from parity: … [visit site to read more] or compare Best Credit Cards and Best CD Rates

MEMC’s Solar Unit Wraps Up Rovigo Posted: 30 Dec 2010 09:05 AM PST SunEdison, the solar energy development division of MEMC Electronic Materials Inc. (NYSE:WFR), recently announced the final receipt of €230 million from First Reserve Corp. for the sale of a 70 megawatt (MW) photovoltaic (PV) power plant in Italy, near the town of Rovigo. In October 2010, First Reserve made an initial payment of €46 million to SunEdison. In October, SunEdison sold its solar plant in Rovigo, Italy, to First Reserve for a total consideration of €276 million, through a joint … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Mitsubishi UFJ Morgan To Cut Jobs? Posted: 30 Dec 2010 09:05 AM PST Mitsubishi UFJ Morgan Stanley Securities Co., a joint venture between Mitsubishi UFJ Financial Group Inc. (NYSE:MTU) and Morgan Stanley (NYSE:MS), is planning to right-size its company by trimming its payroll. The company would offer an early retirement program from February, according to a report in the Nikkei business daily. The job cut comes on the heels of difficulties pertaining to earnings generation, which the company is facing in a lackluster stock market environment. The payroll trimming in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up At The End Of European Session Posted: 30 Dec 2010 09:00 AM PST Forex Pros – The Euro was higher against the U.S. Dollar on Thursday. EUR/USD was trading at 1.3268, up 0.32% at time of writing. The pair was likely to find support at 1.3073, Monday's low, and resistance at 1.3314, today's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 1.04% to hit 0.8620 and EUR/JPY rising 0.39% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Continues To Touch $91 Posted: 30 Dec 2010 08:50 AM PST 12/30/10 Front month crude prices continued to trade near $91 a barrel this session following growing signs that the economy is … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Lockheed Wins Combat Ship Contract Posted: 30 Dec 2010 08:35 AM PST Lockheed Martin Corporation (NYSE:LMT) announced that its team received a contract from the U.S. Navy to construct up to 10 Littoral Combat Ships within 2015.  If all the options of the contact are exercised, its total value of the ship construction portion will be $3.6 billion. The first among the 10 Littoral combat ships was acquired by the U.S. Navy in 2010 for a cost of $437 million. These combat ships were designed to help the Navy to confront the ever-changing global threats. Lockheed … [visit site to read more] or compare Best Credit Cards and Best CD Rates

CNOOC’s CBM Endeavor Posted: 30 Dec 2010 08:35 AM PST China National Offshore Oil Corporation (or CNOOC Group), the parent company of CNOOC Ltd. (CEO), is heading toward an agreement to acquire 50% interest in China United Coal Bed Methane Company Limited ("CUCMB") for 1.2 billion yuan ($181.2 million). The move reflects the group's endeavor to concentrate more on unconventional gas resources. CUCMB, which was a 50:50 joint venture company between China National Petroleum Corp. ("CNPC") and China Coal, has 27 coal bed methane (CBM) gas … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Nasdaq May Expand In Japan Posted: 30 Dec 2010 08:21 AM PST In order to expand its footprint globally, Nasdaq OMXGroup Inc. (NASDAQ:NDAQ) may partner with the No.2 operator of Japan – Osaka Securities Exchange Co. (OSE) to re-enter the Japanese market as early as January 2012. Earlier in 2000, Nasdaq and OSE had opened the Nasdaq Japan market for start-ups, but closed it after two years as its order-matching system failed to find favor with Japan’s No. 1 broker Nomura Securities and other major players. According to the sources, the new exchange set up by … [visit site to read more] or compare Best Credit Cards and Best CD Rates

New Bakken Acres In Hess Pie Posted: 30 Dec 2010 08:21 AM PST Hess Corporation (NYSE:HES) said yesterday, that the company has completed the acquisition of additional acreages in the Bakken oil shale play in North Dakota. Late last month, Hess had agreed to acquire 167,000 net acres from TRZ Energy, LLC for $1,050 million in cash. The acquired properties are located near Hess' existing acreage and have current net production capacity of approximately 4,400 barrels of oil equivalent per day. This acquisition will increase Hess’ acreage position in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – U.S. Dollar Mixed Vs. Rivals After Flurry Of Upbeat U.S. Data Posted: 30 Dec 2010 08:15 AM PST Forex Pros – The U.S. dollar was mixed against its major counterparts on Thursday in thin trade ahead of the New Year's weekend, after a flurry of upbeat U.S. economic data on employment, manufacturing and home sales. With many investors already away on year-end leave, trading volumes were low ahead of the New Year's weekend, resulting in choppy trade. During early U.S. trade, the greenback was down against the euro, with EUR/USD jumping 0.39% to hit a 2-week high of 1.3278. Earlier in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – U.S. Dollar Mixed Vs. Rivals After Flurry Of Upbeat U.S. Data Posted: 30 Dec 2010 08:15 AM PST Forex Pros – The U.S. dollar was mixed against its major counterparts on Thursday in thin trade ahead of the New Year's weekend, after a flurry of upbeat U.S. economic data on employment, manufacturing and home sales. With many investors already away on year-end leave, trading volumes were low ahead of the New Year's weekend, resulting in choppy trade. During early U.S. trade, the greenback was down against the euro, with EUR/USD jumping 0.39% to hit a 2-week high of 1.3278. Earlier in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Extends Losses In Choppy Year-end Trade Posted: 30 Dec 2010 07:48 AM PST Forex Pros – The pound extended losses against the U.S. dollar on Thursday, tumbling to a fresh daily low in choppy year-end trade, after a flurry of upbeat U.S. economic data.      GBP/USD hit 1.5388 during early U.S. trade, a daily low; the pair subsequently consolidated at 1.5402, tumbling 0.62%. The pair was likely to find support at 1.5344, the low of December 28 and a 3-month low, and resistance at 1.5517, Wednesday's high. Earlier in the day, the U.S. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Extends Losses In Choppy Year-end Trade Posted: 30 Dec 2010 07:48 AM PST Forex Pros – The pound extended losses against the U.S. dollar on Thursday, tumbling to a fresh daily low in choppy year-end trade, after a flurry of upbeat U.S. economic data.      GBP/USD hit 1.5388 during early U.S. trade, a daily low; the pair subsequently consolidated at 1.5402, tumbling 0.62%. The pair was likely to find support at 1.5344, the low of December 28 and a 3-month low, and resistance at 1.5517, Wednesday's high. Earlier in the day, the U.S. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Sense On Cents Halls Of Fame And Shame: 2010 Inductees Posted: 30 Dec 2010 07:44 AM PST With 2010 now close to being in the rear view mirror, I am compelled to provide my accolades and derision to those who did or did not embrace Sense on Cents' perpetutal pursuit of truth, transparency, and integrity. My lists are certainly far from complete. I welcome and encourage an open, healthy debate with these selections. The numbering of my picks is based on the calendar–that is, when I referenced these individuals/institutions during the course of the year– more than on any degree … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Sense On Cents Halls Of Fame And Shame: 2010 Inductees Posted: 30 Dec 2010 07:44 AM PST With 2010 now close to being in the rear view mirror, I am compelled to provide my accolades and derision to those who did or did not embrace Sense on Cents' perpetutal pursuit of truth, transparency, and integrity. My lists are certainly far from complete. I welcome and encourage an open, healthy debate with these selections. The numbering of my picks is based on the calendar–that is, when I referenced these individuals/institutions during the course of the year– more than on any degree … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Opening Bell Market Monitor: Posted: 30 Dec 2010 07:37 AM PST 12/30/10 The latest in news, commentary, and information on what’s moving the US equities markets. Watch this broadcast LIVE at 9:30 am EST daily @ … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Opening Bell Market Monitor: Posted: 30 Dec 2010 07:37 AM PST 12/30/10 The latest in news, commentary, and information on what’s moving the US equities markets. Watch this broadcast LIVE at 9:30 am EST daily @ … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: EURUSD Tests 50% Of The Decembers Range At 1.3276 Posted: 30 Dec 2010 07:26 AM PST … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: EURUSD Tests 50% Of The Decembers Range At 1.3276 Posted: 30 Dec 2010 07:26 AM PST … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Euro Extends Gains Vs. U.S. Dollar, Hits 2-week High Posted: 30 Dec 2010 07:23 AM PST Forex Pros – The euro extended gains against the U.S. dollar on Thursday, rising to a 2-week high amid low trade volume ahead of the New Year's weekend, after data showed that European retail sales in December increased at the fastest pace since May 2008. EUR/USD hit 1.3314 during early U.S. trade, the pair's highest since December 17; the pair subsequently consolidated at 1.3300, jumping 0.56%. The pair was likely to find support at 1.3082, Wednesday's low, and resistance at 1.3358, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Euro Extends Gains Vs. U.S. Dollar, Hits 2-week High Posted: 30 Dec 2010 07:23 AM PST Forex Pros – The euro extended gains against the U.S. dollar on Thursday, rising to a 2-week high amid low trade volume ahead of the New Year's weekend, after data showed that European retail sales in December increased at the fastest pace since May 2008. EUR/USD hit 1.3314 during early U.S. trade, the pair's highest since December 17; the pair subsequently consolidated at 1.3300, jumping 0.56%. The pair was likely to find support at 1.3082, Wednesday's low, and resistance at 1.3358, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Notes Recover From Strong Initial Claims Report Posted: 30 Dec 2010 06:51 AM PST Ten year note futures rebounded after sellers drove price sharply lower following the first sub-400,000 weekly initial claims report since July 2008. Claims for unemployment benefit in the week ending December 25th fell by 34,000 on the previous week to stand at 388,000 in a further sign that the labor market is thawing perhaps more than expected. Although yields are higher than before the release, a strong midweek rally in bonds has shaved monthly losses as the recovering economy reminds … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Notes Recover From Strong Initial Claims Report Posted: 30 Dec 2010 06:51 AM PST Ten year note futures rebounded after sellers drove price sharply lower following the first sub-400,000 weekly initial claims report since July 2008. Claims for unemployment benefit in the week ending December 25th fell by 34,000 on the previous week to stand at 388,000 in a further sign that the labor market is thawing perhaps more than expected. Although yields are higher than before the release, a strong midweek rally in bonds has shaved monthly losses as the recovering economy reminds … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Tristel Hit By Termination Of North America Licence Agreement Posted: 30 Dec 2010 02:02 AM PST Specialist infection and contamination control company Tristel (LON:TSTL) reported this morning the termination of a development and licence agreement with US-based Clorox. Tristel signed the agreement in September 2009 and licensed its technology to Clorox for use in the hospital surfaces disinfection market. At the time the company hailed the move as 'an enormous strategic advance' in its efforts to expand internationally. Tristel had not assumed that any royalty income would be earned … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Russia’s Infrastructure Opportunity Posted: 29 Dec 2010 10:00 PM PST China used the 2008 Summer Olympics as a catalyst for infrastructure development that would benefit the country in the long term. Now Russia is giving itself a makeover before it plays host to the 2014 Winter Olympic Games. The host city of Sochi and its surrounding areas are busy building what's needed to accommodate the thousands of visitors expected for the Games. A new $200 million airport opened for business in the fall of 2010, and officials say more than 200 sports and support … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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