DailyMarkets.com - Fitch Upgrades TECO, Subsidiary
DailyMarkets.com - Fitch Upgrades TECO, Subsidiary |
- Fitch Upgrades TECO, Subsidiary
- Long-Term Data On Amgen’s Prolia
- China Pays More To Remain Clean
- Goodyear Sees Higher Capex
- Wet Seal Outpaces Ests
- WAG To Prosper With Online Retailer
- Green Signal For SO Nuclear Project
- Resource Capital To Offer Shares
- Hot Option Plays: Market At Point Of Indecision
- Forex – AUD/USD Up In U.S. Trade
- Quicksilver Disperses Committee
- Hologic Product Gets Euro Appro
- Bullish On Perrigo
- Forex Trading: EUR/USD At Key Level For Possible Failure Near 1.41062
- Forex – NZD/USD Up During The U.S. Session
- Roche’s Lucentis Does It Again
- Ford Idles Belgian Plant
- Earnings Preview: Lindsay Corp.
- Contrarian Traders Eye Call Options On Walter Investment Management Corp.
- Euro Rebounds To Start Week
- ABB’s Tech For Deepest Power Link
- Verizon To Extend 4G Coverage
- NVIDIA Bolsters GeForce
- Forex – GBP/USD Down In U.S. Trade
- European Markets Mixed At Close; Dax Down 0.11%
- AT&T Brings 4G To Cincinnati
- Hungary Central Bank Holds Policy Rate At 6.00%
- Forex – Dollar Turns Lower Against Most Rivals, Euro Boosted After Trichet
- Mauritius Central Bank Hikes Rate 50bps To 5.25%
- Gold Price Consolidating Near Record Highs
- Pioneer Cuts Volume Forecast
- Personal Income, Spending Rise
- NCR Corp. Keeps Entertaining
- Forex – EUR/USD Up At The End Of European Session
- Checking On SP500 Diverging Breadth And Current Structure March 28
- Forex – GBP/USD Eases Off 7-week Low, Growth Worries Weigh
- Innovative Ways By Synopsys
- Eating Bitterness
- Forex – EUR/USD Turns Higher After Hawkish Trichet Comments
- Earnings Scorecard: FedEx
- Sinopec: Profit Ups, Misses Ests.
- Edwards To Enter S&P 500
- Outlook Improves For Dejour’s Gibson Gulch Property
- Neutral On GOL Linhas
- T. Rowe Price Lowered To Neutral
- Earnings Scorecard: Nike
- Stock Market Summary For Monday, March 28, 2011 Special Alert SH, PSQ, RWM
- Canadian Dollar: Caution
- Australian Dollar: Under Pressure
- Forex – USD/CAD Falls To Daily Low As Higher Oil Prices Weigh
- Silver Bounces From 36.40; 37.20 Is Key Resistance Pivot
- Rising Appetite For Risk Dampens Bonds
- Crude Falls Below $105
- Crude Falls Below $105
- Forex – Dollar Mixed Vs. Major Rivals After Flurry Of U.S. Data
- Gold Resolves Bearish Divergence With 50% Fibo Retracement
- 2010 Earnings Fall Short For China Construction Bank
- Fortune Oil Agrees Gas Supply Deal In China’s Liaoning Province
| Fitch Upgrades TECO, Subsidiary Posted: 28 Mar 2011 12:05 PM PDT Recently, Fitch Ratings upgraded the investment ratings for TECO Energy Inc. (NYSE:TE) and its subsidiary Tampa Electric Co. on account of better financial performance which came on the back of a significant reduction in the companies' debt levels along with improved rates.
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| Long-Term Data On Amgen’s Prolia Posted: 28 Mar 2011 12:05 PM PDT Amgen (NASDAQ:AMGN) recently presented encouraging long-term data on Prolia. Results from a long-term study showed that postmenopausal women with osteoporosis continued to experience statistically significant, year-over-year increases in lumbar spine and total hip bone mineral density (BMD) during the fourth and fifth years of treatment with Prolia.
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| China Pays More To Remain Clean Posted: 28 Mar 2011 12:05 PM PDT Procter and Gamble Co (NYSE:PG) along with Unilever Plc. (NYSE:UL) has announced that they will raise prices of soap and detergent that are sold to China. This action by the two big Consumer goods giants brings to our notice the challenges that the Beijing government would further face to curb inflation in the country.
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| Posted: 28 Mar 2011 12:05 PM PDT Goodyear Tire & Rubber Co. (NYSE:GT) announced that it expects to make capital expenditures of $1.1 billion–$1.3 billion in 2012 and 2013. This is up slightly from $1.1 billion–$1.2 billion in 2011.
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| Posted: 28 Mar 2011 11:35 AM PDT Wet Seal Inc. (NASDAQ:WTSLA), a leading specialty retailer, reported fourth quarter and full year 2010 financial results. The company reported earnings of 7 cents a share which surpassed the Zacks Consensus Estimate of 4 cents by 75%. Earnings also outpaced the prior year's profit of 6 cents a share.
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| WAG To Prosper With Online Retailer Posted: 28 Mar 2011 11:35 AM PDT Walgreen (NYSE:WAG), one of the largest retail pharmacy chains in the US has decided to acquire online retailer drugstore.com for a total enterprise value of $409 million. Stockholders of the online retailer, with more than $456 million in sales in 2010, will receive $3.80 in cash for each share, representing a 102% premium over its 30-day average closing price.
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| Green Signal For SO Nuclear Project Posted: 28 Mar 2011 11:25 AM PDT The Nuclear Regulatory Commission (NRC) of the U.S. has approved Southern Company's (NYSE:SO) proposal to set up two new nuclear reactors at the Vogtle nuclear station in Georgia. As per the review reports of the Commission, the Vogtle projects does not pose a threat to the environment.
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| Resource Capital To Offer Shares Posted: 28 Mar 2011 11:25 AM PDT Resource Capital Corp. (NYSE:RSO), a real estate investment trust (REIT) that invests in commercial real estate debt and other commercial finance assets, has recently announced an equity offer of 6 million shares at $6.90 each to raise cash and increase its liquidity. The company has also grant the underwriters an option to purchase an additional 0.9 million shares to cover any over-allotments.
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| Hot Option Plays: Market At Point Of Indecision Posted: 28 Mar 2011 11:18 AM PDT Cusick's Corner
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| Forex – AUD/USD Up In U.S. Trade Posted: 28 Mar 2011 11:15 AM PDT Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Monday. AUD/USD was trading at 1.0274, up 0.14% at time of writing. The pair was likely to find support at 1.0065, Wednesday's low, and resistance at 1.0314, today's high. Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.15% to hit 1.3712 and AUD/JPY rising 0.60% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Quicksilver Disperses Committee Posted: 28 Mar 2011 11:05 AM PDT Quicksilver Resources Inc.’s (NYSE:KWK) board announced that it will discontinue with the operation of the transaction committee as the company's private takeover bid has been withdrawn. The bid was initiated by the family group, which owns 30% of the Quicksilver stock.
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| Hologic Product Gets Euro Appro Posted: 28 Mar 2011 11:05 AM PDT In a positive development for Hologic’s (NASDAQ:HOLX) breast health segment, the European Reference Organization (EUREF) Council for Quality Assured Breast Screening and Diagnostic Services has recently awarded Hologic's Selenia Dimensions 2D digital mammography system with its 'EUREF Mammographic Type Test' certification. Earlier the company received another EUREF approval for its Selenia digital mammography system.
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| Posted: 28 Mar 2011 11:05 AM PDT We have maintained our Outperform recommendation on Perrigo Company (NASDAQ:PRGO) with a target price of $87.00 on the back of impressive second quarter 2011 financial results.
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| Forex Trading: EUR/USD At Key Level For Possible Failure Near 1.41062 Posted: 28 Mar 2011 10:52 AM PDT The EUR/USD is at a key level for possible failure near the 100MA (green line) 1.41062. Following the Fibonacci from the high on March 22 to the current low today, the pair has since bounced back to the 38.2% retracement area at 1.41069. The two levels combine to form a strong area of resistance which may lead to the pair failing to move higher. If this is the case, a return to the session low at 1.40200 may take place. Below this level is a major level of support near 1.40008 (red line). … [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: 28 Mar 2011 10:45 AM PDT Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Monday. NZD/USD was trading at 0.7535, up 0.001% at time of writing. The pair was likely to find support at 0.7376, Wednesday's low, and resistance at 0.7575, Friday's high. Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.16% to hit 1.3638 and EUR/NZD rising 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Roche’s Lucentis Does It Again Posted: 28 Mar 2011 10:40 AM PDT Roche Holding Ltd. (RHHBY) recently reported positive data from a late-stage study (RIDE) of its eye drug Lucentis. The study is evaluating the safety and efficacy of the drug for treating patients suffering from diabetic macular edema (DME).
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| Posted: 28 Mar 2011 10:40 AM PDT Ford Motor Co. (NYSE:F) revealed that it will idle its plant in Genk, Belgium, for 5 days starting April 4 in order to avoid shortage of parts supplied by Japanese manufacturers. The automaker had initially planned to idle the plant from May due to some other reason.
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| Earnings Preview: Lindsay Corp. Posted: 28 Mar 2011 10:35 AM PDT Lindsay Corporation (NYSE:LNN) is slated to release its second quarter fiscal 2011 results on Wednesday, March 30, 2011. The current Zacks Consensus Estimate for the second quarter is 71 cents, representing a 122% annualized growth.
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| Contrarian Traders Eye Call Options On Walter Investment Management Corp. Posted: 28 Mar 2011 10:34 AM PDT Contrarian traders eye call options on Walter Investment Management Corp.
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| Posted: 28 Mar 2011 10:30 AM PDT 03/28/11 The euro currency rebounded this afternoon against the US dollar on growing risk appetite from strong econoimc data and commentary from the ECB president Jean … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| ABB’s Tech For Deepest Power Link Posted: 28 Mar 2011 10:05 AM PDT ABB Ltd.'s (NYSE:ABB) high-voltage direct current (HVDC) technology has been employed in Italy's Sapei interconnection, the world's deepest undersea power cables for transmission of electricity. The transmission link has been built by Terna SpA, a power transmission operator, 1,640 meters below the surface of the Tyrrhenian Sea.
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| Posted: 28 Mar 2011 10:00 AM PDT Verizon Wireless, a joint venture between Verizon Communications Inc. (NYSE:VZ) and Vodafone Group plc (NYSE:VOD), plans to extend its Long-Term Evolution (LTE) based 4G networks in Dayton and Springfield by the end of this year.
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| Posted: 28 Mar 2011 10:00 AM PDT Largest graphics card manufacturing company NVIDIA Corporation (NASDAQ:NVDA) recently announced the launch of GeForce GTX 590, the fastest and quietest dual graphics card. This new graphics card provides enhanced performance, with the use of dual NVIDIA Fermi-class GPUs, specially designed for gaming enthusiasts and those interested in the PC gaming circle.
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| Forex – GBP/USD Down In U.S. Trade Posted: 28 Mar 2011 10:00 AM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Monday. GBP/USD was trading at 1.6016, down 0.16% at time of writing. The pair was likely to find support at 1.5938, today's low, and resistance at 1.6382, Wednesday's high. Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.24% to hit 0.8803 and GBP/JPY rising 0.31% 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 Down 0.11% Posted: 28 Mar 2011 09:55 AM PDT Forex Pros – European stocks were mixed after the closing bell on Monday. At the close of European trade, Germany's DAX fell 0.11%, London's FTSE 100 gained 0.06%, France's CAC 40 climbed 0.12% and the EURO STOXX 50 was up 0.12%. Meanwhile, on Wall Street, equity markets were up after the open. The Dow Jones Industrial Average was up 0.17%; the S&P 500 index gained 0.16%, while the Nasdaq 100 index climbed … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 28 Mar 2011 09:35 AM PDT The second largest provider of wireless services in North America, AT&T Inc. (NYSE:T) has announced its network enhancement program to facilitate 4G wireless speeds in Greater Cincinnati, Ohio.
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| Hungary Central Bank Holds Policy Rate At 6.00% Posted: 28 Mar 2011 09:24 AM PDT The Magyar Nemzeti Bank maintained benchmark base rate unchanged at 6.00%. Hungary reported consumer price inflation of 4.1% in February, up slightly from 4.0% in January, and above the official inflation target of 3.0%. The Bank noted that “To reach the target, the current interest rate level may need to be sustained for an extended period,”. The Bank also commented “If incoming data suggest a greater pass-through from the cost shocks, it may be necessary to tighten current monetary conditions … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – Dollar Turns Lower Against Most Rivals, Euro Boosted After Trichet Posted: 28 Mar 2011 09:18 AM PDT Forex Pros – The U.S. dollar was down against most of its major counterparts on Monday, after European Central Bank President Jean-Claude Trichet reiterated his tough stance about inflation, reinforcing expectations for a near-term rate hike by the ECB. During U.S. morning trade, the greenback was down against the euro, with EUR/USD climbing 0.14% to hit 1.4107 after European Central Bank President Jean-Claude Trichet said inflation rates remained "durably above its price stability … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Mauritius Central Bank Hikes Rate 50bps To 5.25% Posted: 28 Mar 2011 09:18 AM PDT The Bank of Mauritius raised its repo rate by 50 basis points to 5.25% from 4.75% due to rising inflation. Referring to a rising inflation rate the Bank said “In the light of this and the expected narrowing of the output gap, the MPC considered it important to start the process of normalizing the key policy rate,”. Mauritius reported inflation of 6.8% in February, compared to the Bank’s previous forecast that inflation will rise to 7% in June. The Bank expects the economy to grow 4.6% this … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Gold Price Consolidating Near Record Highs Posted: 28 Mar 2011 09:13 AM PDT Physical demand for gold and silver is strong as investors seek protection of wealth against uncertainty in the Middle East. It has already been reported that Col. Qaddafi has been a wise gold investor, preparing for this crisis by hoarding a large amount of the precious metal to fund his military and to hedge against economic sanctions. Just like he's been hoarding precious metals, many throughout the Middle East are trying to sell their assets and seek out the shelter of safe havens. It is … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 28 Mar 2011 09:05 AM PDT Pioneer Natural Resources Company (NYSE:PXD) lowers its production guidance for the first quarter of 2011 to reflect severe weather impacts on its operations during the first half of the quarter.
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| Personal Income, Spending Rise Posted: 28 Mar 2011 09:05 AM PDT In February, Personal Income rose 0.3%, down from the 1.2% rise in January and a 0.5% increase in November. The increase was in line with the consensus expectation. Both January and December were revised higher. Previously the increase in December was thought to be 0.4% and for January 1.0%. However, most of the increase was due to the 2.0% cut in the employee side of the payroll tax. Payroll taxes — and other contributions to social insurance — are counted as a subtraction from personal … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 28 Mar 2011 09:05 AM PDT Technology solutions provider NCR Corp. (NYSE:NCR) will now offer DVD-vending machines to the CD, DVD and video game retailers, as part of its attempt to capture a big share of the DVD-Kiosk market. Retailers will be able to sell movie discs, video games and music CDs through these machines under their own names.
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| Forex – EUR/USD Up At The End Of European Session Posted: 28 Mar 2011 09:00 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Monday. EUR/USD was trading at 1.4103, up 0.12% at time of writing. The pair was likely to find support at 1.4022, Monday's low, and resistance at 1.4220, Thursday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.24% to hit 0.8803 and EUR/JPY rising 0.52% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Checking On SP500 Diverging Breadth And Current Structure March 28 Posted: 28 Mar 2011 08:57 AM PDT What is the current "hidden" picture of market strength or weakness from the perspective of Market Breadth? Not good, for one. What we're seeing is the S&P 500 and NYSE market Breadth (number of advancing issues minus declining issues) on a color indicator.
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| Forex – GBP/USD Eases Off 7-week Low, Growth Worries Weigh Posted: 28 Mar 2011 08:46 AM PDT Forex Pros – The pound trimmed losses against the U.S. dollar on Monday, pulling back from the lowest level in seven weeks following comments made by Bank of England Monetary Policy Committee member Andrew Sentence, however worries over the pace of the U.K. economic recovery weighed. GBP/USD hit 1.5936 during U.S. morning trade, the pair's lowest since January 31; the pair clawed back to subsequently consolidate at 1.6009, dipping 0.2%. The pair was likely to find support at 1.5819, the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 28 Mar 2011 08:35 AM PDT Electronic design automation company Synopsys Inc. (NASDAQ:SNPS) recently announced that Freescale Semiconductor has licensed its DesignWare IP for Freescale’s system-on-chip designs. Freescale Semiconductor specializes in automotive, consumer, industrial and networking markets.
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| Posted: 28 Mar 2011 08:33 AM PDT My title is a Chinese expression that I read in a recent WSJ China Real Time Report. A synonym is "endure suffering." That article was about how the Chinese financial system is a stacked deck for the high-saving Chinese earning very low, even negative in real terms, rates of interest on their bank deposits. Their deposits exceed their bank loans by a large margin, and they lose money (purchasing power) on each net Yuan deposited.
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| Forex – EUR/USD Turns Higher After Hawkish Trichet Comments Posted: 28 Mar 2011 08:26 AM PDT Forex Pros – The euro turned higher against the U.S. dollar on Monday, rebounding from a six-day low after European Central Bank President Jean-Claude Trichet reiterated his tough stance about inflation. EUR/USD hit 1.4019 during European afternoon trade, the pair's lowest since March 18; the pair subsequently clawed back to consolidate at 1.4108, gaining 0.16%. The pair was likely to find support at 1.3979, the low of March 18 and resistance at 1.4194, Friday's high. Earlier in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 28 Mar 2011 08:25 AM PDT FedEx Corporation (NYSE:FDX), the world’s second-largest package delivery company, reported third quarter 2011 results on March 17. Adjusted earnings of 81 cents per share slipped by a penny but was a nickel above the year-ago earnings. Though slightly below the Zacks Consensus Estimates, the company's guided figures for the fourth quarter and fiscal 2011 are encouraging.
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| Sinopec: Profit Ups, Misses Ests. Posted: 28 Mar 2011 08:25 AM PDT China Petroleum and Chemical Corporation (NYSE:SNP), aka Sinopec, reported its full-year 2010 earnings per share of 0.808 yuan ($11.92 per ADS), up 12.5% year over year. However, full-year earnings fell short of the Zacks Consensus Estimate of $12.41. Net income increased 11.6% from the 2009 level to 68.3 billion yuan (US$10.1 billion). The increase can be attributable to strong oil products demand as well as rising prices of crude oil and oil products.
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| Posted: 28 Mar 2011 08:20 AM PDT A leading player in the field of heart valves and hemodynamic monitoring, Edwards Lifesciences (NYSE:EW), will be included in the S&P 500 index from April 1, 2011. Following this positive announcement, shares of the company edged up by 3.63% to close at $88.50 last Friday. The company believes that its solid performance over the past few quarters led to its inclusion in this august category.
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| Outlook Improves For Dejour’s Gibson Gulch Property Posted: 28 Mar 2011 08:20 AM PDT Steven Ralston, CFA Dejour (DEJ) has a 72% working interest of 2,200 gross acres (or 1,585 net acres) in the Gibson Gulch area of the Williams Fork sandstone formation located in Colorado. The acreage is immediately adjacent to the producing properties in the Kokopelli Field, owned by Williams Companies (WMB) and Bill Barrett Corporation (BBG). The value of Dejour's Gibson Gulch property in the Piceance Basin gained further credibility … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 28 Mar 2011 08:20 AM PDT We recently reiterated our Neutral recommendation on Brazil's largest low-fare airline operator, GOL Linhas Aereas Inteligentes S.A. (NYSE:GOL). The company surpassed 160.5 million passenger mark in the fourth quarter of 2010, since beginning its operations in 2001.
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| T. Rowe Price Lowered To Neutral Posted: 28 Mar 2011 08:20 AM PDT Based on rising operating expenses and regulatory headwinds, we have downgraded our recommendation on T. Rowe Price Group Inc. (NASDAQ:TROW) to Neutral from Outperform.
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| Posted: 28 Mar 2011 08:20 AM PDT On March 17, 2011, Nike Inc. (NYSE:NKE), a sporting goods retailer, posted its third-quarter 2011 results. Street analysts had more than a week to ponder on the news.
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| Stock Market Summary For Monday, March 28, 2011 Special Alert SH, PSQ, RWM Posted: 28 Mar 2011 08:19 AM PDT We are going to add intra-day to our watch list additional positions in the ProShares Short S&P Fund (symbol: SH) at $41.49, the ProShares Short QQQ Fund (symbol: PSQ) at $32.83, and Short Russell 2000 Fund (symbol: RWM) at $30.08. We now have three positions in each of these ETFs in our watch … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 28 Mar 2011 08:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Australian Dollar: Under Pressure Posted: 28 Mar 2011 08:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – USD/CAD Falls To Daily Low As Higher Oil Prices Weigh Posted: 28 Mar 2011 08:13 AM PDT Forex Pros – The U.S. dollar was down against its Canadian counterpart on Monday, slumping to a daily low as crude oil, Canada's largest export, remained well supported by ongoing unrest in the Middle East and Libya. USD/CAD hit 0.9742 during U.S. morning trade, a daily low; the pair subsequently consolidated at 0.9749, dropping 0.63%. The pair was likely to find support at 0.9709, the low of March 14 and resistance at 0.9826, Friday's high. Crude oil contracts for delivery in May were … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Silver Bounces From 36.40; 37.20 Is Key Resistance Pivot Posted: 28 Mar 2011 08:04 AM PDT Weekly Silver Update – A Correction Swing Targets 36.40-36.50 (3/25)
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| Rising Appetite For Risk Dampens Bonds Posted: 28 Mar 2011 07:59 AM PDT Yields are higher as investors react to what many in the market view as a hawkish stance from several Fed members. One of the leading proponents of the second round of quantitative easing, James Bullard said in a weekend speech that the Fed should closely examine existing stimulus at the April meeting. This and words of wisdom from other members have investors lining up their thought processes so far as what specific steps might make up an eventual exit from the prevailing accommodative … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 28 Mar 2011 07:45 AM PDT 03/28/11 Front month crude prices fell to trade below $105 a barrel today after Libyan rebels were able to retake control of oil ports in two key … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 28 Mar 2011 07:45 AM PDT 03/28/11 Front month crude prices fell to trade below $105 a barrel today after Libyan rebels were able to retake control of oil ports in two key … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – Dollar Mixed Vs. Major Rivals After Flurry Of U.S. Data Posted: 28 Mar 2011 07:35 AM PDT Forex Pros – The U.S. dollar was mixed against its major counterparts on Monday, after the release of government data on consumer spending and an industry report on pending home sales. During U.S. morning trade, the greenback was down against the euro, with EUR/USD easing up 0.07% to hit 1.4096 after European Central Bank President Jean-Claude Trichet said inflation rates remained "durably above its price stability target". Meanwhile, the greenback was up against the pound, with … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Gold Resolves Bearish Divergence With 50% Fibo Retracement Posted: 28 Mar 2011 07:34 AM PDT Weekly Gold Update – Impulse Wave Complete with Bearish Divergence (3/25) Short to Medium Term
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| 2010 Earnings Fall Short For China Construction Bank Posted: 28 Mar 2011 02:30 AM PDT 03/28/11 China’s largest mortgage lender, China Construction Bank Corp (CCB), reported 2010 earnings that missed expectations while recording a large impairment … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Fortune Oil Agrees Gas Supply Deal In China’s Liaoning Province Posted: 28 Mar 2011 02:30 AM PDT Fortune Oil (LON:FTO), the Hong Kong based group that invests in Chinese oil and gas supply and infrastructure projects, has agreed a deal that should boost the amount of gas it supplies in Liaoning Province. The company is set to acquire a 51% stake in Liaoning Jingrun Natural Gas Ltd, which owns a 30 year concession to build and operate a spur pipeline supplying natural gas to serve the ceramics industrial park in the county of Jianping. The high energy requirements of the ceramics industry … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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