Tuesday, February 22, 2011

DailyMarkets.com - 7 Tips On How To Get The Best 0% Balance Transfer Credit Cards

DailyMarkets.com - 7 Tips On How To Get The Best 0% Balance Transfer Credit Cards


7 Tips On How To Get The Best 0% Balance Transfer Credit Cards

Posted: 22 Feb 2011 07:35 AM PST

Balance transfer credit cards offering 0% introductory APR are one of the best ways for you to reduce any existing card debts you may have, and should be used as a strategy for you to reduce your debt.

Whether you have credit card debts or store card debts, 0% balance transfer cards, which are simply credit cards that offer a 0% introductory APR on balance transfers for a promotional period of time, can help you save tons of money.

A balance transfer involves transferring your existing … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Home Depot Positively Surprises

Posted: 22 Feb 2011 07:05 AM PST

The Home Depot Inc. (NYSE:HD), surprised with its fourth-quarter 2010 adjusted earnings of 36 cents a share. The adjusted earnings not only surpassed the prior-year quarters’ earnings of 24 cents (an increment of 50%), but also outpaced the Zacks Consensus Estimate of 30 cents.
For fiscal 2010, adjusted earnings grew by 21.1% to $2.01 a share from $1.66 in the prior fiscal year.
Financial Details
During the reported quarter, net sales inched up 3.8% year over year to $15,126.0 million compared … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Opening Bell Market Monitor: Middle East Unrest

Posted: 22 Feb 2011 07:00 AM PST

02/22/11 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


Best Buy’s Strategic Measures

Posted: 22 Feb 2011 06:55 AM PST

Best Buy Company Inc. (NYSE:BBY), the leading specialty retailer of consumer electronic products, recently announced a string of strategic measures to boost its financial performance across its international and local divisions.
The company intends to increase its investment in sections of business generating profits, and will close down and restructure certain sections that no longer contribute significantly to its growth.
Followed by an extensive evaluation, Best Buy, which faces stiff … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Productivity, Profits And Margins

Posted: 22 Feb 2011 06:55 AM PST

The 4th quarter earnings season is almost done. We now have 419 or 83.8% of the S&P 500 reports in. However, the early reporting firms tend to be a bit bigger and more profitable than the stragglers, and those 419 firms actually represent 89.1% of the total expected net income.

That, of course, presupposes that all the remaining firms report exactly as expected, which is unlikely. But it shouldn't be too far off, as those 419 firms also represented 90.0% of all the net income a year … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Encouraging Data On Gaucher Drug

Posted: 22 Feb 2011 06:36 AM PST

Genzyme Corporation (NASDAQ:GENZ) recently provided encouraging follow-up phase II data on its type I Gaucher disease candidate, eliglustat tartrate. Three year follow-up data showed that patients on eliglustat tartrate experienced sustained or additional improvement across all endpoints.
While spleen volume declined by a mean of 61% from baseline, liver volume declined 29%. Meanwhile, hemoglobin level increased by a mean of 2.6 grams per deciliter from baseline. Platelet count increased by a mean … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stock Market News Briefs: Brocade Communications Systems, Cabela’s Inc, Compass Diversified Holdings, Campbell Soup Company, Cree, Hormel Foods, Molex Incorporated, Maxwell Technologies, Progress Energy Inc, Power-One, TCF Financial, Tyco Electronics Ltd.

Posted: 22 Feb 2011 06:36 AM PST

 Progress Energy (NYSE:PGN) reported Q4 EPS of $0.45, ahead of the Zacks Consensus estimate of $0.43 per share

 Campbell Soup Co.'s  (NYSE:CPB) shares declined 3.9% after the soup maker trimmed its 2011 outlook

 Compass Diversified Holdings's (NASDAQ:CODI) shares fell 7.2% a day after the investment firm said its CEO would take a leave of absence

 Brocade Communications Systems (NASDAQ:BRCD) was upgraded to Buy from Hold by Think Equity

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


Philips & Microsoft Collaborates

Posted: 22 Feb 2011 06:36 AM PST

Royal Philips Electronics NV (NYSE:PHG) and Microsoft Corporation (NASDAQ:MSFT) have collaborated to work on techniques that would simplify the work of radiologists, helping them in improving the clinical diagnosis of their patients. The companies are dedicated to combine individual technologies to form improved system, which would provide significant health information and enhance healthcare competence and productivity, at a minimum development and infrastructure cost.    
The … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Warning Of “consensus” At ECB Worries Euro-bears

Posted: 22 Feb 2011 06:29 AM PST

Neutral observers around the world have poured scorn upon the unfolding developments in Tripoli where Al-Jazeera television states that 250 civilians have already lost their lives. The rising “rivers of blood”, as forecast by President Qaddafi’s son, appear set to burst their banks at any moment as the state unleashes warfare on its own people. The regime is desperately clinging to power by its fingernails using missile-launching warplanes to control its masses. As the violence escalates and … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Before The Bell

Posted: 22 Feb 2011 01:25 AM PST

02/22/11 A breakdown of what investors need to know prior to the open of the US equity … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Swiss Franc: Under Pressure

Posted: 22 Feb 2011 06:18 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: 22 Feb 2011 06:18 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: 22 Feb 2011 06:18 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: 22 Feb 2011 06:18 AM PST

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


Autoliv Renders Superb Dividend

Posted: 22 Feb 2011 06:08 AM PST

Autoliv Inc. (NYSE:ALV) raised its quarterly dividend payment by 8% to 43 cents per share for the second quarter of 2011. The company hiked its dividend for the third time in less than a year, reflecting its strong financial position and rapid recovery from the economic recession. The dividend will be payable on June 2, 2011 to shareholders of record on the close of business on May 5, 2011.
Last year, Autoliv raised its dividend by 17% to 35 cents per share for the fourth quarter and then by 14% … [visit site to read more] or compare Best Credit Cards and Best CD Rates


DDR Beats By A Whisker

Posted: 22 Feb 2011 06:02 AM PST

Developers Diversified Realty Corp. (NYSE:DDR), a real estate investment trust (REIT), reported fourth quarter 2010 FFO (fund from operations) loss of $43.9 million or 17 cents per share compared to a FFO loss of $28.0 million or 14 cents per share in the year-earlier quarter.
FFO or Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income.
Excluding non-recurring charges of $114.8 … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Allstate Accuses JPM Of Fraud

Posted: 22 Feb 2011 06:02 AM PST

On Wednesday, Allstate Corp. (NYSE:ALL) filed a federal complaint against the second largest investment banker, JPMorgan Chase & Co. (NYSE:JPM), alleging that the latter sold more than $757 million of toxic investments in lieu of safe investments to Allstate between 2004 and 2007, which later experienced a drastic price decline.
Accordingly, Allstate now directly demands justice and a penalty to recoup its losses from the leading US bank. Allstate also seeks compensation for the litigation as it … [visit site to read more] or compare Best Credit Cards and Best CD Rates


CHF/JPY Is In A Bullish Breakout Towards The 91.00-92.00 Area

Posted: 22 Feb 2011 05:49 AM PST

Previous: Is the Japanese Yen Setting up for More Weakness? (2/16 Video)
CHF/JPY

- Last time, we saw the CHF/JPY refusing to top off, and the question was whether it will bounce from the support areas near 85.25 and break to the upside.
- Today, the market answers with a break above the 88.00 resistance level.
- The market is now target the 91.00-92.00 area which was the highs for 2010. The swing projection as well as channel breakout projections are also pointing towards this zone.
- The 4H … [visit site to read more] or compare Best Credit Cards and Best CD Rates


FX Headlines: Canadian Retail Sales Disappoints In December

Posted: 22 Feb 2011 05:45 AM PST

        
Fundamental Headlines
• New Zealand Quake Kills 65 – Wall Street Journal
•Iran Opposition Considers More Protests – Wall Street Journal
•Libya Turmoil Crushes Risk Appetite – Financial Times
•U.S. Home Prices Likely Had Biggest 12-Month Drop In a Year – Bloomberg
•Iran Warships Enter Suez Canal, Egypt's State-Run MENA Says – Bloomberg
USDCAD: Retail sales in Canada fell 0.2 percent in December after climbing a revised 1.5 … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Americans Have The Cheapest Food In The World

Posted: 22 Feb 2011 05:44 AM PST

Inspired by an item in today’s “The Gartman Letter,” the chart below displays data from the USDA comparing household spending on food as a share of final consumption expenditures for 84 countries around the world.  Dennis Gartman comments:

“Everyone knows that the price of food is rising fast, and nearly as many know that the price of rising food falls most harshly upon the poor. It is the poor in any country that have to use the greatest percentage of their disposable income to buy this … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Libya Situation Pushes Oil To 2.5 Half Year Highs, Sends British Equities Lower

Posted: 22 Feb 2011 05:43 AM PST

The unrest in Libya has continued to fuel risk aversion and has pushed both Brent and US light crude to 2 and a half year highs.

From Reuters: Brent and U.S. crude at 2.5-year highs on Libya fears
"At 1142 GMT, Brent crude oil futures for April delivery were up $1.36 to $107.10, after earlier touching $108.57. U.S. crude for April delivery was up $6.82 at $96.53 as investors and traders became increasingly nervous about contagion.
The jump in U.S. crude is partly explained by the fact that … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Silver’s Throwback And Support Levels

Posted: 22 Feb 2011 05:31 AM PST

Loonie Rallies on Tension and Oil; Gold and Silver Surge (2/21 Video)
Silver (XAG/USD)

- Silver is in a throwback after reaching the 161.8% extension level at 34.10 (see in daily chart). The throwback is so far supported at 32.40. A break below that targets the 31.22 area to retest the previous high from 1/3/2011.
- A healthy bullish trend should NOT see the market break below 31.00 area, which is the resistance of the most recent consolidation zone.
- In the bullish scenario, if the 34.10 … [visit site to read more] or compare Best Credit Cards and Best CD Rates


U.S. Rig Count Edges Down

Posted: 22 Feb 2011 05:25 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 number of land rigs.
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) … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Euro Gets A Big Boost From ECB Member Mersch’s Comments On Inflation

Posted: 22 Feb 2011 05:16 AM PST

Overnight, we had a strong move out of the Euro on the back of several risk aversion factors including the escalating unrest in Libya, the risk of a fresh downgrade of Japan, and an earthquake that hit New Zealand. That had investors nervous and fleeing riskier higher yielding currencies including the Euro.
However, the tide turned for the Euro in European trading as we again had another ECB council member – Yves Mersch – sounding a hawkish tone on inflation and interest rates. He made … [visit site to read more] or compare Best Credit Cards and Best CD Rates


EUR/USD’s Sharp Pullback Is Challenging The Bearish Momentum

Posted: 22 Feb 2011 05:07 AM PST

EUR/USD Pauses Rally Near 1.3720, 61.8% Retracement (2/21)
EUR/USD

- The EUR/USD broke below 1.3610, then slid to the next support area near 1.3540. A pullback could be anticipated from here. If this rally was not so sharp, and did not break back above 1.3650, a bearish trend would be developing.
- However this pullback is sharp and is now threatening to continue the bullish mode.
- The momentum seen in the 1H RSI shows that there was a bearish momentum breakout yesterday, but now the RSI is … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – EUR/GBP Hits 7-day High After Hawkish ECB Comments

Posted: 22 Feb 2011 05:06 AM PST

Forex Pros – The euro was up for the third day against the pound on Tuesday, rising to a seven-day high after European Central Bank policymakers said the bank could raise rates to tame inflation. 

EUR/GBP hit 0.8467 during European afternoon trade, the pair's highest since February 11; the pair subsequently consolidated at 0.8452, gaining 0.27%.

The pair was likely to find support at 0.8358, the low February 18 and resistance at 0.8527, the high of February 10.

Earlier Tuesday, ECB … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – Dollar Up Vs. Rivals As Libya Unrest Drives Risk Aversion

Posted: 22 Feb 2011 04:27 AM PST

Forex Pros – The U.S. dollar was higher against most of its major counterparts on Tuesday, as risk aversion arising from escalating violence in Libya drove investors towards safer assets.

During European morning trade, the greenback eased up against the euro, with EUR/USD shedding 0.02% to hit 1.3672.

Earlier in the day, European Central Bank council member Yves Mersch said officials may toughen their language on inflation when ECB policy members meet next week, indicating a readiness to … [visit site to read more] or compare Best Credit Cards and Best CD Rates


From Madison, Wisconsin To The Shores Of Tripoli

Posted: 22 Feb 2011 04:22 AM PST

What do I see as recurring themes on our global economic landscape? Unrecognized financial losses lead to overreaching economic programs. Those programs influence political change, but also ultimately varying degrees of social and civil unrest.
Over the course of the last year, we have witnessed varying degrees of this scenario play out in Greece, England, Ireland, and elsewhere. The current hotspots on our global map are Middle Eastern and northern African nations, specifically Libya. The … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – GBP/USD Retreats From 3-day Low After Upbeat U.K. Data

Posted: 22 Feb 2011 04:09 AM PST

Forex Pros – The pound trimmed losses against the U.S. dollar on Tuesday, retreating from a three-day low after official data showed that the U.K. government posted the biggest budget surplus in more than two years in January.

GBP/USD hit 1.6132 during European morning trade, the pair's lowest since February 17; the pair subsequently consolidated at 1.6164, shedding 0.39%.

Cable was likely to find support at 1.6074, the low of February 17 and resistance at 1.6257, Monday's … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – EUR/USD Pares Losses After Hawkish Mersch Remarks

Posted: 22 Feb 2011 03:30 AM PST

Forex Pros – The euro pared losses against the U.S. dollar on Tuesday, retreating from a four-day low after hawkish comments from European Central Bank official Yves Mersch, however ongoing tensions in the Middle East and North Africa continued to weigh.

EUR/USD hit 1.3524 during European morning trade, the pair's lowest since February 16; the pair subsequently consolidated at 1.3633, shedding 0.31%.

The pair was likely to find support at 1.3461, the low of February 16 and resistance at … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Verona Pharma Receives Positive Results For Asthma Treatment At Higher Doses

Posted: 22 Feb 2011 12:58 AM PST

Verona Pharma (LON:VRP) , the AIM listed biotech company with a focus on developing treatments for chronic respiratory diseases such as asthma, has completed a successful trial of higher doses of its lead drug, RPL554, in patients with mild asthma. Verona said the results provided further support for RPL554 as a novel treatment for patients with respiratory diseases and further strengthened its data package for discussions with potential licensees. The Verona Pharma share price jumped from 9p … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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