DailyMarkets.com - What’s Up With Petron Corporation (PCOR)? |
- What’s Up With Petron Corporation (PCOR)?
- Forex – GBP/JPY Up During The Asian Session
- Markets In Everything: Cars As Virtual Piggy Banks
- Forex – NZD/USD Down During The Asian Session
- UTX To Sell UK Guarding Business
- Covidien Backs FDA On Acetaminophen
- Community To Put Directors In Tenet
- Forex – EUR/USD Down At The End Of U.S. Session
- Forex – USD/JPY Down Toward The End Of U.S. Session
- Sunstone Hotel To Spread Wings
- St Jude’s New Ultrasound System
- Stalking The EUR/USD Under The Head And Shoulder (1.17.2011)
- Forex – EUR/USD Down Toward The End Of U.S. Session
- Three ETFs To Cash In On Intel
- Embraer Sells In China
- The (Employment) Score At Halftime
- ArcelorMittal-Nunavut Join Forces
- Forex Trading: USDCAD Inches Higher Away From Floor Support But It Still Must Prove Bullishness
- Forex – GBP/USD Up During The U.S. Session
- Bank Failures: 3 So Far
- Time Warner Cable Saves TV Blackout
- Video Game Sales Decline In 2010
- Canadian Solar Making European Inroads
- Forex – USD/CAD Down During The U.S. Session
- Gold Wave Patterns Remain Bearish And S&P 500 Near The Top
- Target In Neutral Lane
- Starwood Expands In Middle East
- Forex – EUR/USD Down During The U.S. Session
- Lockheed Wins Navy Contract
- Weak Holiday Sales For Hasbro
- CRA International Beats
- Earnings Preview: IBM
- Forex – AUD/USD Up During The U.S. Session
- Forex – NZD/USD Up During The U.S. Session
- European Markets Mixed At Close; Dax Up 0.03%
- Top Ten Best Selling Cars And Trucks, 2010
| What’s Up With Petron Corporation (PCOR)? Posted: 17 Jan 2011 05:00 PM PST Petron Corporation or PCOR in the Philippine Stock Exchange was one of top stories of 2010 when it rose by more 100% in a little over 5 weeks. San Miguel Corporation (SMC) raised its stake in the company to 68% by buying 24 million shares of SEA refinery Corporation, which owns 50.1% of Petron. As you can see, the shares of PCOR had jumped from PHP 7.11 on November 23 to a high of PHP 19.98 on January 4, 2011. PCOR, however, has lost its momentum after reaching the said high and has since … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – GBP/JPY Up During The Asian Session Posted: 17 Jan 2011 04:45 PM PST Forex Pros – The British Pound was higher against the Japanese Yen on Tuesday. GBP/JPY was trading at 131.60, up 0.19% at time of writing. The pair was likely to find support at 130.46, Friday's low, and resistance at 131.88, Friday's high. Meanwhile, the British Pound was up against the U.S. Dollar and the Euro, with GBP/USD gaining 0.12% to hit 1.5906 and EUR/GBP falling 0.40% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Markets In Everything: Cars As Virtual Piggy Banks Posted: 17 Jan 2011 04:18 PM PST GLOBAL POST — Argentines are buying cars in record-breaking numbers this year, but not necessarily because they’re burning to drive. With currency markets uncertain and inflation expected to reach 30 percent in 2011, Argentines are trying to find places to park their savings. “Those who can buy property, but those who can’t buy cars,” said Hernan Valdez, who bought a new Peugot. He said many of his friends bought cars this year, too. Fueled by record soy and corn harvests last year as well … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – NZD/USD Down During The Asian Session Posted: 17 Jan 2011 03:50 PM PST Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Monday. NZD/USD was trading at 0.7720, down 0.04% at time of writing. The pair was likely to find support at 0.7564, Wednesday's low, and resistance at 0.7748, today's high. Meanwhile, the New Zealand Dollar was down against the Australian Dollar and up against the Euro, with AUD/NZD gaining 0.01% to hit 1.2870 and EUR/NZD falling 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| UTX To Sell UK Guarding Business Posted: 17 Jan 2011 02:35 PM PST UTC Fire & Security, a business unit of United Technologies Corporation (NYSE:UTX), has agreed to sell off its UK manned guarding business, Chubb Security Personnel Limited, to a Sweden-based security provider affiliated to Securitas AB.
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| Covidien Backs FDA On Acetaminophen Posted: 17 Jan 2011 02:05 PM PST Ireland-based healthcare product maker Covidien plc (NYSE:COV) has backed the U.S. Food and Drug Administration’s (FDA) recent move on the safe use of acetaminophen, a drug used to relieve pain and lower fever.
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| Community To Put Directors In Tenet Posted: 17 Jan 2011 02:05 PM PST With the intention to grab Tenet Healthcare Corporation (NYSE:THC), Community Health Systems Inc (NYSE:CYH) plans to nominate directors to Tenet’s board at its annual meeting. Thomas M. Bourdreau, a former senior executive at Express … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/USD Down At The End Of U.S. Session Posted: 17 Jan 2011 01:55 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Monday. EUR/USD was trading at 1.3294, down 0.70% at time of writing. The pair was likely to find support at 1.2962, Wednesday's low, and resistance at 1.3456, Friday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.81% to hit 0.8368 and EUR/JPY falling 0.92% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – USD/JPY Down Toward The End Of U.S. Session Posted: 17 Jan 2011 01:40 PM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Monday. USD/JPY was trading at 82.72, down 0.19% at time of writing. The pair was likely to find support at 82.36, today's low, and resistance at 83.46, Wednesday's high. Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.75% to hit 1.3287 and GBP/USD rising 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Sunstone Hotel To Spread Wings Posted: 17 Jan 2011 01:35 PM PST Sunstone Hotel Investors Inc. (NYSE:SHO), a lodging real estate investment trust (REIT), recently announced its plans to acquire premium hotels across the U.S. worth approximately $1 billion to expand its portfolio and capitalize on improving market fundamentals.
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| St Jude’s New Ultrasound System Posted: 17 Jan 2011 01:35 PM PST Medical devices giant St. Jude Medical (NYSE:STJ) has introduced the ViewMate Z intracardiac ultrasound system and the ViewFlex Plus Intracardiac Echocardiography ("ICE") catheter.
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| Stalking The EUR/USD Under The Head And Shoulder (1.17.2011) Posted: 17 Jan 2011 01:28 PM PST EUR/USD - The EUR/USD has lost the volatility it had in the previous European session as the market entered the US session, during observance of Martin Luther King Jr. Day.
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| Forex – EUR/USD Down Toward The End Of U.S. Session Posted: 17 Jan 2011 01:25 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Monday. EUR/USD was trading at 1.3289, down 0.74% at time of writing. The pair was likely to find support at 1.2962, Wednesday's low, and resistance at 1.3456, Friday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.84% to hit 0.8366 and EUR/JPY falling 0.92% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Three ETFs To Cash In On Intel Posted: 17 Jan 2011 01:18 PM PST Chip bellwether, Intel Inc. (NASDAQ:INTC), recently reported a quarterly profit of $3.39 billion, up nearly 48.7 percent from a year earlier, giving further confidence that the economy is improving and shinning a ray of light on exchange traded funds [[ETFs]] that track the semiconductor industry.
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| Posted: 17 Jan 2011 01:05 PM PST Empresa Brasileira de Aeronautica S.A., or Embraer (NYSE:ERJ), the largest Brazilian aircraft manufacturer, sold ten EMBRAER 190s to CDB Leasing Co., Ltd. (CLC), of China. The delivery is expected in the second half of fiscal 2011.
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| The (Employment) Score At Halftime Posted: 17 Jan 2011 01:05 PM PST Two years ago, Obama took the oath of office. This seems like a good time to assess his presidency in terms of the economy and see how he stacks up relative to other recent presidents. Clearly Obama took charge during a difficult time for the economy, probably more challenging than any other recent president with the possible exception of Ronald Reagan. However the economic challenges facing Obama were certainly much different than those facing Reagan. In some senses it is impossible to be … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| ArcelorMittal-Nunavut Join Forces Posted: 17 Jan 2011 01:05 PM PST Finally, the Baffinland battle comes to an end with rivals ArcelorMittal (NYSE:MT) and Nunavut Iron Ore Acquisition Inc. agreeing to team up under the ArcelorMittal offer.
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| Forex Trading: USDCAD Inches Higher Away From Floor Support But It Still Must Prove Bullishness Posted: 17 Jan 2011 12:59 PM PST The USDCAD has moved cautiously higher after testing floor support at the 0.9858 level. The price has moved closer to the 100 hour MA at the 0.9885 level currently but the pair is not out of the bearish woods just yet. A move above that level is step two (holding 0.9858 was step one). A move above the level will pave the way for a move toward the 200 hour MA at 0.9915 and then resistance at the 0.9929 level (low from April 2009).
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| Forex – GBP/USD Up During The U.S. Session Posted: 17 Jan 2011 12:45 PM PST Forex Pros – The British Pound was higher against the U.S. Dollar on Monday. GBP/USD was trading at 1.5876, up 0.04% at time of writing. The pair was likely to find support at 1.5583, Wednesday's low, and resistance at 1.5954, today's high. Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.80% to hit 0.8368 and GBP/JPY falling 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 17 Jan 2011 12:35 PM PST Last Friday, U.S. regulators shuttered Brunswick, Georgia-based Oglethorpe Bank, taking the number of banks failing thus far in 2011 to 3. This follows 157 bank failures in 2010, 140 in 2009 and 25 in 2008.
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| Time Warner Cable Saves TV Blackout Posted: 17 Jan 2011 12:35 PM PST Time Warner Cable Inc. (NYSE:TWC) recently entered into a tentative agreement with Sinclair Broadcast Group Inc. (NASDAQ:SBGI) to ensure uninterrupted services of Sinclair local TV station affiliates such as FOX and ABC channels to about 4 million Time Warner Cable video customers. The dispute over the retransmission fees is temporarily solved; however, Time Warner Cable announced that it will enter into a final deal with Sinclair within a week.
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| Video Game Sales Decline In 2010 Posted: 17 Jan 2011 12:05 PM PST The video game industry continued its dismal run for the second straight year, with sales down 6.0% year over year in 2010 to $18.58 billion, according to the research group NPD.
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| Canadian Solar Making European Inroads Posted: 17 Jan 2011 12:05 PM PST Canadian Solar Inc. (NASDAQ:CSIQ) has supplied modules to Europe’s largest capacity photovoltaic solar power plant, built by MEMC Electronic Materials Inc.'s (NYSE:WFR) subsidiary SunEdison. SunEdison's 70 MW photovoltaic (PV) power plant in Northeast Italy, near the town of Rovigo, is the largest capacity single-operating PV solar power plant in Europe.
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| Forex – USD/CAD Down During The U.S. Session Posted: 17 Jan 2011 12:05 PM PST Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Monday. USD/CAD was trading at 0.9874, down 0.38% at time of writing. The pair was likely to find support at 0.9848, Wednesday's low, and resistance at 0.9978, Friday's high. Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.72% to hit 1.3291 and GBP/USD rising 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Gold Wave Patterns Remain Bearish And S&P 500 Near The Top Posted: 17 Jan 2011 11:50 AM PST My most recent forecasts for the SP 500 and Gold have been calling for interim peaks in both around Mid- January. Gold, I told my subscribers a few weeks ago, was definitely topping and likely to drop now to $1270-$1280 per ounce before resuming the Bull Market advance. The SP 500 I have forecasted a 1285-1315 topping area since the 1175 pivot lows on that index, and we are very close as well in that regard. Gold has been in a 9 plus year bull market since 2001 and has another 3 years … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 17 Jan 2011 11:35 AM PST Target Corporation's (NYSE:TGT) efficient marketing, multi-channel strategy, product innovation, compelling pricing strategy and new merchandise assortments should help drive comparable-store sales and operating margins in the long term. We expect the company to gain market share, and believe that more focus on consumables should boost sales and earnings in a sluggish consumer environment.
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| Starwood Expands In Middle East Posted: 17 Jan 2011 11:35 AM PST Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT) is planning to grow its portfolio in the Middle East over the next five years through its existing 50 hotels in the region and 25 new hotels in the pipeline. In January, Starwood will also enter into deals to open 5 new hotels in the region.
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| Forex – EUR/USD Down During The U.S. Session Posted: 17 Jan 2011 11:15 AM PST Forex Pros – The Euro was lower against the U.S. Dollar on Monday. EUR/USD was trading at 1.3294, down 0.71% at time of writing. The pair was likely to find support at 1.2962, Wednesday's low, and resistance at 1.3456, Friday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.76% to hit 0.8372 and EUR/JPY falling 0.92% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 17 Jan 2011 11:05 AM PST Lockheed Martin Corporation (NYSE:LMT) received an $84 million U.S. Navy contract to provide sonar systems for U.S. submarines. Per the contract, Lockheed Martin will participate in development, production, support and modernization of all U.S. submarine sonar systems, including initial system deliveries for Virginia Class submarines under construction as well as upgrades for existing ones.
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| Posted: 17 Jan 2011 11:05 AM PST Hasbro Inc (NYSE:HAS) announced disappointing preliminary sales results for the fourth quarter and fiscal 2010. The company expects to report its full results on February 7, 2011.
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| Posted: 17 Jan 2011 10:35 AM PST CRA International Inc. (CRAI), a leading global consulting firm, reported fourth quarter 2010 pro forma earnings of 35 cents per share, which outperformed the Zacks Consensus Estimate by 4 cents and also earnings of 32 cents reported in the year-ago quarter.
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| Posted: 17 Jan 2011 10:35 AM PST Tech bellwether International Business Machines Corp. (NYSE:IBM) is scheduled to report its fourth quarter 2010 results after market closes on January 18. Historically, the company's earnings have consistently surpassed the Zacks Consensus Estimate. Notably, IBM has been raising its guidance for almost every quarter over the last three years.
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| Forex – AUD/USD Up During The U.S. Session Posted: 17 Jan 2011 10:35 AM PST Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Monday. AUD/USD was trading at 0.9942, up 0.56% at time of writing. The pair was likely to find support at 0.9821, Wednesday's low, and resistance at 1.0019, Thursday's high. Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 1.23% to hit 1.3375 and AUD/JPY rising 0.36% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – NZD/USD Up During The U.S. Session Posted: 17 Jan 2011 10:00 AM PST Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Monday. NZD/USD was trading at 0.7728, up 0.89% at time of writing. The pair was likely to find support at 0.7564, Wednesday's low, and resistance at 0.7748, today's high. Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.31% to hit 1.2864 and EUR/NZD falling 1.62% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| European Markets Mixed At Close; Dax Up 0.03% Posted: 17 Jan 2011 09:55 AM PST Forex Pros – European stocks were mixed after the closing bell on Monday. At the close of European trade, Germany's DAX rose 0.03%, London's FTSE 100 shed 0.27%, France's CAC 40 declined 0.20% and the EURO STOXX 50 was down 0.33%. Meanwhile, on Wall Street, equity markets were up after the open. The Dow Jones Industrial Average was up 0.47%; the S&P 500 index gained 0.74%, while the Nasdaq 100 index climbed … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Top Ten Best Selling Cars And Trucks, 2010 Posted: 17 Jan 2011 09:19 AM PST From Ward’s Automotive, the Top Ten Best Selling Cars and Trucks for 2010: Cars Trucks 1 2 3 4 5 6 7 8 9
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