Friday, January 28, 2011

DailyMarkets.com - Review Of Journey Student Rewards From Capital One: Build Credit And Get Cash Back With This Student Credit Card

DailyMarkets.com - Review Of Journey Student Rewards From Capital One: Build Credit And Get Cash Back With This Student Credit Card


Review Of Journey Student Rewards From Capital One: Build Credit And Get Cash Back With This Student Credit Card

Posted: 28 Jan 2011 07:35 AM PST

Before applying for this student cash back rewards card, read this!

Journey Student Rewards from Capital One is a student cash back credit card, which allows students to build good credit score while in college, and also provides them with the opportunity to earn cash back rewards on practically all their spending. We at DailyMarkets.com have written about why it is important for one to start building credit early, and why parents should co-sign for their kids’ credit cards.

If you are a … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stocks To Know For Friday: Amazon, Verizon, Qualcomm, Microsoft, Netflix, BHP Billiton

Posted: 28 Jan 2011 07:19 AM PST

U.S. stocks rose yesterday, with the S&P 500 Index gaining a fifth day, as home sales and Qualcomm's (NASDAQ:QCOM) forecast beat projections, offsetting Japan's credit downgrade and higher than estimated jobless claims.  Qualcomm rallied 5.9% as the biggest maker of mobile-phone chips benefited from more sales of devices that browse the Internet. An index of car companies in the S&P 500 advanced 2% after online researcher Edmunds.com forecast a 17.3% jump in the industry's new … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stock Market News Briefs: Amazon.com, Bristol-Myers Squibb Company, L-3 Communications Holdings, Eli Lilly And Company, Microsoft, Pfizer, Potash Corporation Of Saskatchewan, QUALCOMM Incorporated, Under Armour

Posted: 28 Jan 2011 07:05 AM PST

 Microsoft (NASDAQ:MSFT) reported Q2 EPS of $0.77, above the Zacks Consensus Estimate of $0.55 per share. Revenues for the quarter were $19.95 billion, well above the Zacks Consensus Estimate of $16.073 billion

 Amazon.com (NASDAQ:AMZN) reported Q4 EPS of $0.91, ahead of the Zacks Consensus Estimate of $0.76 per share. Revenues for the quarter rose 36% year-over-year to $12.95 billion, above the Zacks Consensus Estimate of $9.281 billion

 Under Armour (NYSE:UA) reported Q4 EPS of $0.44, … [visit site to read more] or compare Best Credit Cards and Best CD Rates


EIA: Natgas Supplies Slide Further

Posted: 28 Jan 2011 07:05 AM PST

The U.S. Energy Department’s weekly inventory release showed a larger-than-expected drop in natural gas supplies, attributable to high heating demand on the back of cold weather conditions that swept across much of the nation.
The Weekly Natural Gas Storage Report brought out by the Energy Information Administration (EIA) every Thursday since 2002 – includes updates on natural gas market prices, latest storage level estimates, recent weather data and other market activity or events.
The … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Weekly USD/CHF Update – Rejection At 0.94 Warns Of A Bottom

Posted: 28 Jan 2011 07:05 AM PST

Previous post (1/26): USD/CHF's Negative Reversal Bearish Targets 0.9350, 0.93
USD/CHF

- The USD/CHF still shows the negative reversal signal from yesterday, but the decline has not materialized, and instead, the market has edged out higher highs. The market is still in sideways consolidation after the repeatedly rejecting bearish attempts to break below 0.94 (78.6% retracement) seen in the  4H chart.
- The current consolidation range is between 0.94 and 0.9520. A break above 0.9520 … [visit site to read more] or compare Best Credit Cards and Best CD Rates


First Cash Financial Beats

Posted: 28 Jan 2011 07:05 AM PST

First Cash Financial Services Inc. (NASDAQ:FCFS), a leading provider of specialty consumer financial services and related retail products, announced fourth quarter 2010 earnings from continuing operation of 59 cents per share, which surpassed the Zacks Consensus Estimate of 54 cents and soared 42% from the year-ago quarter.
The company's full-year earnings per share were $1.75, above the Zacks Consensus Estimate of $1.71 and up 32% from the prior year.
Results reflect the benefits of strong loan … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Plains Increases Pipeline Capacity

Posted: 28 Jan 2011 06:35 AM PST

Master limited partner, Plains All American Pipeline L.P. (NYSE:PAA) has undertaken an expansion project aimed at increasing the capacity of its Basin Pipeline system enabling it to transport additional volumes for increased crude oil production in west Texas and New Mexico.
The expansion project entails making modifications to the pumping capacity of the pipeline, increasing the capacity of the pipeline segment from Colorado City, Texas to Cushing, Oklahoma. This segment presently transports … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Janus Capital Outpaces On Revenue

Posted: 28 Jan 2011 06:35 AM PST

Janus Capital Group Inc.'s (NYSE:JNS) fourth quarter 2010 earnings per share came in at 36 cents, outpacing the Zacks Consensus Estimate of 21 cents on a better-than-expected increase in revenues and higher assets under management (AUM). Results were also significantly higher than the 18 cents reported in the prior quarter and 20 cents in the year-ago quarter.
For full-year 2010, the company reported earnings of 88 cents per share, ahead of the Zacks Consensus Estimate of 72 cents per share. The … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Choppy Day For Fore With Warnings From All Corners

Posted: 28 Jan 2011 06:34 AM PST

The dollar moved ahead despite a weaker than forecast headline number for fourth quarter GDP as analysts focused on an ex-inventory number showing the world’s largest economy rose at its fastest pace in 26 years. The dollar had weakened earlier after Moody’s threw its cards on the table sending a warning to lawmakers over further expansion of the budget deficit. The revenue shortfall is in danger of becoming greater rather than smaller as everyone seems to agree it needs. The ratings agent … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Weekly GBP/USD Update: In Expanding Pattern; To Test Large Triangle Resistance

Posted: 28 Jan 2011 06:33 AM PST

Previous post (1/26): Stalking GBP/USD's Rally in Anticipation of Further Decline
GBP/USD

- The GBP/USD pair has been in an expanding triangle that was likely a wave 4. Another wave up at the moment can complete wave 5 near 1.61, which provides important resistance .
- There could be a failure for wave 5 however, and we could see it top below the 1.6050 high as the RSI shows a lost of bullish momentum.
- While all this is happening, the GBP/USD in the daily is nearing the apex of a large … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Swiss Franc: Capped By A Negative Trend Line

Posted: 28 Jan 2011 06:19 AM PST

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


Japanese Yen: Under Pressure

Posted: 28 Jan 2011 06:19 AM PST

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


British Pound: The Downside Prevails

Posted: 28 Jan 2011 06:19 AM PST

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


Euro: Under Pressure

Posted: 28 Jan 2011 06:19 AM PST

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


The U.S. Consumer Is Back: 4.4% Growth In Personal Consumption Is Highest In 5 Years

Posted: 28 Jan 2011 06:08 AM PST

Boosted by the strongest quarterly growth in real consumer spending (4.4%) in almost five years (see top chart above), real GDP growth rose 3.2% in the fourth quarter of last year (see bottom chart).  The 2.9% real GDP growth for all of last year was the highest annual growth in real U.S. output since a 3.3% growth rate in 2006.

See news reports from the Wall Street Journal  (“U.S. GDP Growth Accelerates”) and Washington Post (“Growth Strengthened to 3.2 pct in Q4 of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Microsoft: A Closer Look At Q2

Posted: 28 Jan 2011 06:06 AM PST

Microsoft Corporation's (NASDAQ:MSFT) second quarter 2011 results were impacted by the slowdown in the PC market. However, this did not prevent it from beating the Zacks Consensus Estimate on both the top and bottom lines. Revenue and EPS beat by 4.4% and 9 cents (13.2%), respectively.
Revenue
Revenue of $19.95 billion was up 23.2% sequentially and 4.9% from last year. Windows 7, Office 2010 and Kinect were particularly strong.
Management estimates that the PC market (units) was up 2-4% year over … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Congo Proving Bountiful For TOTAL

Posted: 28 Jan 2011 06:06 AM PST

Integrated oil and gas company, TOTAL S.A. (NYSE:TOT), announced that its Bilondo Marine 2 and 3 wells have discovered oil 43.5 miles off the shores of the Republic of Congo. This discovery follows the success of the exploration wells, Moho Nord Marine 1 and 2, drilled by the company in 2007.
The Bilondo Marine wells were spud to a total depth of around 1,968.5 yards, including a water depth of 874.9 yards, in the central area of the Moho-Bilondo license. The Bilondo Marine wells 2 and 3 … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Earnings Preview: Illinois Tool

Posted: 28 Jan 2011 06:06 AM PST

Illinois Tool Works Inc. (NYSE:ITW) is slated to release its fourth quarter and fiscal year 2010 results on Monday, January 31. The current Zacks Consensus Estimate for earnings per share (EPS) is 80 cents, representing an annualized growth of 29.60%.   
With respect to earnings surprises, over the trailing four quarters, Illinois Tool outperformed the Zacks Consensus Estimate in two quarters, equaled in one quarter and lagged behind in another quarter. The average earnings surprise was … [visit site to read more] or compare Best Credit Cards and Best CD Rates


AUD/NZD To Test Support Clusters; Wave Count

Posted: 28 Jan 2011 06:03 AM PST

Previous post (1/26): AUD/NZD's Short-term Wave Count
AUD/NZD

- AUD/NZD in deed had a strong decline to 1.28 as anticipated last time, and the market has consolidated here. Are we done with wave 3 yet? We are probably in another wave up to complete (iv) and then down to complete (v) of 3.
- We can expect the market to extend lower towards 1.2720 after a break below 1.2780, but we might get a correction back towards the 1.2930 area first to complete wave 4. Another wave down could be 5 … [visit site to read more] or compare Best Credit Cards and Best CD Rates


US 4Q GDP Rises 3.2% On Higher Consumer Spending And Exports

Posted: 28 Jan 2011 05:57 AM PST

Gross domestic product rose at a 3.2% annualized pace in the 4th quarter. That was lower than expectations of a 3.5% increase, but better than the 2.6% rate we saw in the 3rd quarter.

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Gains were led by a 4.4% increase in personal consumption, close to double the rate in the 3rd quarter. Also the trade balance and even … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Novartis To Buy Genoptix

Posted: 28 Jan 2011 05:35 AM PST

Novartis (NYSE:NVS) recently announced that it has entered into a definitive agreement to acquire California based diagnostic laboratory, Genoptix Inc. (NASDAQ:GXDX), for a cash consideration of $470 million. Genoptix is a specialist in providing personalized diagnostic services to community-based hematologists and oncologists.
Genoptix specializes in the diagnosis of cancers in bone marrow, blood and lymph nodes. The acquisition will be a good strategic fit for Novartis' Molecular Diagnostics … [visit site to read more] or compare Best Credit Cards and Best CD Rates


FX Headlines: EURUSD Under Pressure Ahead Of The U.S. GDP Report

Posted: 28 Jan 2011 05:00 AM PST

        
Fundamental Headlines
• EU Gives Details on Talks Over Fund – Wall Street Journal
• European Stocks Slide – Wall Street Journal
• U.S. Crisis Inquiry Points to Widespread Failures – Financial Times
• Merkel, Ackermann Feud Over Managing Sovereign Debt Crisis – Bloomberg
• Irish Give 51 Billion More Reasons to Avoid Bonds – Bloomberg
EURUSD: The M3 money supply in the 16 member euro area rose an annualized 1.7 percent in … [visit site to read more] or compare Best Credit Cards and Best CD Rates


National Bank Of Moldova Holds Benchmark Rate At 8%

Posted: 28 Jan 2011 04:46 AM PST

The National Bank of Moldova held its benchmark base rate unchanged at 8% but increased the reserve requirement rate on Leu deposits by 300 basis points to 11% from 8% in a policy mix designed to address inflation while maintain a relatively stimulatory rate. Moldova recorded inflation of 8.1% in December 2010 which was above the 7.8% forecast by the central bank, meanwhile core inflation was 4.4% in the same … [visit site to read more] or compare Best Credit Cards and Best CD Rates


FCIC Report: Wall Street And Washington Failed America

Posted: 28 Jan 2011 04:16 AM PST

A multiple trillion dollar loss emanates from Wall Street and no crimes are committed? Will any form of real justice ever be served? Will those who facilitated and enabled this crisis to unfold ever be singled out? Are there individuals on both Wall Street and Washington who just exhaled thinking, "we got away with it." The report released yesterday by the Financial Crisis Inquiry Commission highlights that Wall Street and Washington collectively failed our nation. Specifically the FCIC … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Egdon In Licence Deal With Valhalla To Boost UK Acreage

Posted: 28 Jan 2011 12:46 AM PST

Egdon Resources (LON:EDR) , the AIM listed oil and gas exploration and production group with assets in the UK and mainland Europe, has agreed a deal to buy two onshore UK Petroleum Exploration and Development Licences (PEDLs) from Valhalla Oil and Gas Ltd. The Egdon Resources share price responded with a rise of 6.5% to 20.5p.

The interests comprise 50% of PEDL180 and 50% of PEDL181 in the East Midlands Petroleum Province in Lincolnshire. Both licences are 50% owned and operated by Europa Oil … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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