DailyMarkets.com - AIG To Sell Its Blackstone Stake?
DailyMarkets.com - AIG To Sell Its Blackstone Stake? |
- AIG To Sell Its Blackstone Stake?
- Allstate Sues BofA On MBS Purchase (revised)
- Cooper Completes Hernis Acquisition
- Earnings Preview: Monsanto Company
- Global Portfolio Diversification: Striking The Right Balance Between Risk And Reward
- Dollar Rises On ISM Data
- “Trend For US Equities Is To The Upside”
- KeyCorp Upgraded To Outperform
- Fearless Forecasts For 2011
- Forex – NZD/USD Down During The U.S. Session
- Option Trader Closes Out Bull Position In Homebuilder As Rally Bites
- Pfizer To Acquire Synbiotics
- Sempra Sells California Facility
- J. C. Penny In Neutral Lane
- Host Hotels Stays Neutral
- Pfizer To Acquire Synbiotics
- Forex – EUR/USD Down At The End Of European Session
- Ph.D. Jobs: What’s Hot (Econ), What’s Not (History)
- Crude Touches 2-year High Above $92
- Canadian Pacific Initiated
- American Public At Neutral
- Diamond Offshore To Build New Drilling Rig
- Forex Trading: USDJPY Tests Trendline Support At 81.47 Area
- Three Sectors Ready To Lead The Stock Market In 2011
- Will Gold Continue To Shine Brightly In 2011?
- Wimm-Bill-Dann Expands
- Nelnet Downgraded To Neutral
- A Record Production In Petrobas Pie
- Plains E&P Disposes GoM Assets
- Forex Trading: EURUSD Moves Back Toward Key 100 Day MA At 1.3374
- Forex Trading: GBPUSD Break Lower FAILS.
- Forex – Dollar Holds Steady Vs. Rivals After ISM PMI Data
- Forex – GBP/USD Extends Losses After U.S. ISM Data
- Forex Trading: EURJPY Between Support And Resistance After Sharp Run Up
- Opening Bell Market Monitor: BAC, BGP, BA
- Forex – Dollar Trims Gains Vs. Euro After U.S. ISM Disappoints
- Today’s Top Stories: Manufacturing Data From China And US; Risk Appetite In Still Thin Conditions
- Morning News Notes: 1.3.11
AIG To Sell Its Blackstone Stake? Posted: 03 Jan 2011 11:35 AM PST In an attempt to repay the government bailout, American International Group Inc. (NYSE:AIG) is planning to dispose its $510 million stake in The Blackstone Group (NYSE:BX). |
Allstate Sues BofA On MBS Purchase (revised) Posted: 03 Jan 2011 11:35 AM PST On Monday, Allstate Corp. (NYSE:ALL) filed a federal complaint against the mortgage giant, Countrywide Financial Corp., and 17 other defendants, alleging that the latter have sold $700 million of toxic investments in lieu of safe investments to Allstate in 2005, which later experienced a drastic price decline. However, Countrywide Financial was acquired by Bank of America Corp. (NYSE:BAC) (BofA) in July 2008. Accordingly, Allstate now directly demands for justice and penalty from the leading US … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Cooper Completes Hernis Acquisition Posted: 03 Jan 2011 11:05 AM PST Cooper Industries plc (NYSE:CBE) completed the acquisition of the Norwegian closed circuit television (CCTV) systems manufacturer Hernis Scan Systems AS, a group company of Vislink plc. The acquisition had been subjected to regulatory clearances and consent of the shareholders of Vislink plc. |
Earnings Preview: Monsanto Company Posted: 03 Jan 2011 11:05 AM PST Missouri-based agricultural company, Monsanto Company (NYSE:MON) is scheduled to report its first quarter results on January 6, 2010. The current Zacks Consensus Estimate for the first quarter is a penny per share. |
Global Portfolio Diversification: Striking The Right Balance Between Risk And Reward Posted: 03 Jan 2011 10:53 AM PST Global Portfolio Diversification: Striking the Right Balance Between Risk and Reward |
Posted: 03 Jan 2011 05:30 AM PST 01/03/11 The US dollar rebound continued this session following a surprising rise in ISM manufacturing … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
“Trend For US Equities Is To The Upside” Posted: 03 Jan 2011 10:29 AM PST 01/03/11 Sunrise Securities’ Ben Willis weighs in on today’s rally, and highlights this week’s key … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
KeyCorp Upgraded To Outperform Posted: 03 Jan 2011 10:05 AM PST We are upgrading our recommendation on KeyCorp (NYSE:KEY) to Outperform from Neutral, based on its strong earnings and improving fundamentals. KeyCorp's third quarter results mark its second consecutive profitable quarter since the beginning of the financial crisis in early 2008. |
Posted: 03 Jan 2011 10:05 AM PST The S&P 500 is currently expected to earn about $92 per share in 2011, up from $82 in 2010. That is growth of just over 12%. However, throughout 2010, companies were far more likely to exceed estimates than fall short of them. The ratio was better than 4 to 1 in each of the four quarters. S&P 500 Prediction Since the end of the third quarter, more analysts have been raising estimates than cutting them. I would thus expect that when all is said and done, earnings for the S&P 500 … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – NZD/USD Down During The U.S. Session Posted: 03 Jan 2011 10:00 AM PST Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Monday. NZD/USD was trading at 0.7752, down 0.63% at time of writing. The pair was likely to find support at 0.7548, Wednesday's low, and resistance at 0.7814, Friday's high. Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.39% to hit 1.3162 and EUR/NZD rising 0.56% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Option Trader Closes Out Bull Position In Homebuilder As Rally Bites Posted: 03 Jan 2011 09:41 AM PST Option trader closes out bull position in homebuilder as rally bites |
Posted: 03 Jan 2011 09:35 AM PST Pfizer Inc.(NYSE:PFE) recently announced its decision to acquire Synbiotics Corp. which will form a part of Pfizer's Animal Health unit, for an undisclosed amount. Kansas City based company, Synbiotics, is a leader in the manufacturing of immunodiagnostic tests for animals. |
Sempra Sells California Facility Posted: 03 Jan 2011 09:35 AM PST Sempra Generation, a subsidiary of Sempra Energy (NYSE:SRE), has sold its 50% interest in the Elk Hills Power generation facility to Occidental Petroleum Corporation (NYSE:OXY). Occidental will pay Sempra cash plus year-end cash distribution totaling $179 million for the purchase. |
Posted: 03 Jan 2011 09:35 AM PST J. C. Penney Company Inc.'s (NYSE:JCP) well diversified supplier base, compelling private and national brands, marketing campaigns, point-of-sale technology initiatives as well as effective cost and inventory management should drive sales and margin trends over the long term. The company also remains on track to deliver comparable-store sales growth and boost market share. |
Posted: 03 Jan 2011 09:05 AM PST We maintain our ‘Neutral’ rating on Host Hotels & Resorts Inc. (NYSE:HST), the largest lodging real estate investment trust (REIT) in the U.S. |
Posted: 03 Jan 2011 09:05 AM PST Pfizer Inc.(NYSE:PFE) recently announced its decision to acquire Synbiotics Corp. which will form a part of Pfizer's Animal Health unit, for an undisclosed amount. Kansas City based company, Synbiotics, is a leader in the manufacturing of immunodiagnostic tests for animals. |
Forex – EUR/USD Down At The End Of European Session Posted: 03 Jan 2011 09:00 AM PST Forex Pros – The Euro was lower against the U.S. Dollar on Monday. EUR/USD was trading at 1.3371, down 0.13% at time of writing. The pair was likely to find support at 1.3085, Wednesday's low, and resistance at 1.3424, Friday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.66% to hit 0.8632 and EUR/JPY rising 0.37% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Ph.D. Jobs: What’s Hot (Econ), What’s Not (History) Posted: 03 Jan 2011 08:52 AM PST From today’s Inside Higher Ed: “During the 2009-10 academic year, the number of positions listed with the American Historical Association dropped by 29.4 percent, according to a study the group will release today. That follows a 23.8 percent drop the year before. Last year, the association announced that the number of listings it received — 806 — was the smallest in a decade; this year’s total of 569 marks the smallest number in 25 years. But in data also being released this week, the … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Crude Touches 2-year High Above $92 Posted: 03 Jan 2011 08:41 AM PST 01/03/11 Front month crude prices traded at a 2-year high this session following a weak dollar and optimism over the health of the US … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 03 Jan 2011 08:35 AM PST We are initiating coverage on Canada’s second-largest railway Canadian Pacific Railway Limited (NYSE:CP) with a Neutral rating. Currently, the stock has the Zacks Rank of #3 (Hold). |
Posted: 03 Jan 2011 08:35 AM PST American Public Education (NASDAQ:APEI) has carved a unique niche for itself in the online post secondary education industry by focusing on recruits serving the U.S. military as well as federal, national, and local law enforcement personnel. Moreover, the company's part-time programs are well suited to irregular and extended work schedules of these personnel who travel and relocate frequently and have limited financial resources. This provides a significant upside potential for the … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Diamond Offshore To Build New Drilling Rig Posted: 03 Jan 2011 03:35 AM PST 01/03/11 Diamond Offshore Drilling Incorporated (DO) announced Monday that it will be spending $590 million on a new drilling … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex Trading: USDJPY Tests Trendline Support At 81.47 Area Posted: 03 Jan 2011 08:29 AM PST The 100 hour MA held as per the prior post and has reversed toward trendline support at 81.47/48 currently (looking closer the support trendline comes in at 81.47). The level is a borderline that provides a low risk trading opportunity for those looking to buy. The risk? A break. Profit potential? A break of the 100 hour MA at 81.69 leads to higher … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Three Sectors Ready To Lead The Stock Market In 2011 Posted: 03 Jan 2011 08:25 AM PST The predictions are in and today begins the 2011 market year. I have read everything from the markets crashing to a 50% gain in equities this year. As with every year only time will tell and the key is to take what the market gives and be disciplined enough to capture the move up or down. The one word that summarizes all the discussions is optimism. In fact, that is the one word I would use to describe the year, optimism. The outlook is optimistic the economy will improve, jobs will grow … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Will Gold Continue To Shine Brightly In 2011? Posted: 03 Jan 2011 08:25 AM PST Today’s Idea |
Posted: 03 Jan 2011 08:20 AM PST Wimm-Bill-Dann Foods OJSC (NYSE:WBD), a Russian dairy and juice company, recently announced that it has acquired one of the leading and technologically advanced dairy plants in the Perm region. Completion of the deal is subject to the Russian Federal Antimonopoly Service approval. Financial terms of the transaction were not disclosed. |
Posted: 03 Jan 2011 08:20 AM PST We are downgrading our recommendation on Nelnet Inc. (NYSE:NNI) to Neutral from Outperform. |
A Record Production In Petrobas Pie Posted: 03 Jan 2011 08:20 AM PST Petróleo Brasileiro S.A. (aka Petrobas or PBR), a Brazilian state-owned oil company, expects to hit monthly and fiscal all-time high oil production levels for December as well as full-year 2010. A significant contribution from the Campos Basin is the primary reason behind this solid expectation. |
Plains E&P Disposes GoM Assets Posted: 03 Jan 2011 08:20 AM PST Plains Exploration & Production Company (NYSE:PXP) completed the sale of its Gulf of Mexico shallow water shelf properties to McMoRan Exploration Co. (NYSE:MMR). McMoRan paid roughly $86 million in cash and 51 million shares of McMoRan common stock in exchange for all of PXP’s interests in the shallow Gulf of Mexico assets. McMoRan had agreed to buy these assets on September 20, 2010. |
Forex Trading: EURUSD Moves Back Toward Key 100 Day MA At 1.3374 Posted: 03 Jan 2011 08:05 AM PST The key 100 day MA at 1.3374 is being approached after the 100 and 200 bar MA on the 5 minute chart held. The market is still feeling out the bias it wants to establish early in the new … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex Trading: GBPUSD Break Lower FAILS. Posted: 03 Jan 2011 07:59 AM PST ….and the shorts cover quickly. NO momentum yet as the first trading day of the year continues to have scared and skittish … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – Dollar Holds Steady Vs. Rivals After ISM PMI Data Posted: 03 Jan 2011 07:56 AM PST Forex Pros – The U.S. dollar remained broadly higher against its major counterparts on Monday, following a report showing that U.S. manufacturing activity rose slightly less-than-expected in December. During European late afternoon trade, the greenback was up against the euro, with EUR/USD shedding 0.43% to hit 1.3327. Earlier Monday, data showed that manufacturing activity in the euro zone increased more than initially forecast in December, rising to an 8-month high as rising export orders … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – GBP/USD Extends Losses After U.S. ISM Data Posted: 03 Jan 2011 07:49 AM PST Forex Pros – The pound extended losses against the U.S. dollar on Monday, tumbling to a fresh daily low following a report showing that U.S. manufacturing activity rose slightly less-than-expected in December. GBP/USD hit 1.5436 a fresh daily low, during European late afternoon trade; the pair subsequently consolidated at 1.5438, plunging 1.1%. Cable was likely to find support at 1.5349, the low of December 29 and resistance at 1.5663, the high of December 31. Earlier in the day, the … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex Trading: EURJPY Between Support And Resistance After Sharp Run Up Posted: 03 Jan 2011 07:37 AM PST The EURJPY has had a nice run up today from the lows. The move has taken the price above the 100 hour MA (blue line), the 200 hour MA (green line) but stalled at the highs from the last two days at the 108.91 level. The subsequent move off the high has so far held the 200 hour MA at the 108.64 level. This keeps the bullish bias intact. I expect sellers on a break below as the market longs liquidate on the failure to breach the ceiling at 108.91. If support holds, look … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Opening Bell Market Monitor: BAC, BGP, BA Posted: 03 Jan 2011 07:29 AM PST 01/03/10 The latest in news, commentary, and information on what’s moving the US equities … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – Dollar Trims Gains Vs. Euro After U.S. ISM Disappoints Posted: 03 Jan 2011 07:28 AM PST Forex Pros – The U.S. dollar trimmed gains against the euro on Monday after data showed that U.S. manufacturing activity rose slightly less-than-expected in December. EUR/USD retreated from 1.3249; the pair's lowest since December 29, to hit 1.3321 during European late afternoon trade, shedding 0.5%. The pair was likely to find support at 1.3082, the low of December 29 and resistance at 1.3423, the high of December 31. Earlier in the day, the Institute for Supply Management said its … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Today’s Top Stories: Manufacturing Data From China And US; Risk Appetite In Still Thin Conditions Posted: 03 Jan 2011 07:24 AM PST 1. Markets Start 2011 with Risk-On Trading: |
Posted: 03 Jan 2011 06:10 AM PST The morning news notes as prepared by TL…Gallup Poll shows Americans more optimistic about 2011, balance sheets improving, Goldman Sachs invests in Facebook, copper at highs, unrest in Europe, and small caps v. large caps. “Morning News Notes: January 3, 2011″ click … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
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