DailyMarkets.com - Forex – AUD/USD Up On Economic Data

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• Forex – AUD/USD Up On Economic Data
• Australian Retail Sales Rise More-than-expected
• Forex – GBP/JPY Up During The Asian Session
• Hot Option Plays: Jump On Jobs
• Forex – EUR/USD Down In Asian Trade
• Forex – USD/JPY Up During Asian Trade
• Vertex Drug Does It Again
• TRW Gears Up With New Brake
• The Truth About The Economy: We’re Heading Back Toward A Double Dip
• Google Brings Fiber Network To Kansas City
• Mid-America Acquires Assets
• Forex – NZD/USD Down In Asian Trade
• Online Labor Demand Now Above December 2007 Levels; First Quarter Layoffs Fall To 16-Year Low
• The Day Ahead: US Initial Jobless Claims, Chicago PMI, Factory Orders
• Avoid Financial Disasters With Trailing Stops
• Digital Subscribers Way Up For News Corp.
• Everest Re Rated Underperform
• Hhgregg Improves Liquidity
• Core Laboratories In Neutral Lane
• Baker Hughes Remains Neutral
• New Contracts For Atmel’s MaXTouch
• Enterprise In Expansion Spree
• Newmont To Divert Japanese Ops
• Dow Enters Into A Joint Venture
• ViroPharma’s Cinryze In Phase II
• IP Enters India, Hikes Dividend
• Closing Bell Market Monitor: T, CEPH, ZZ, QIHU
• Closing Bell Market Monitor: T, CEPH, ZZ, QIHU
• Stock Picks For Thursday March 31
• AmEx To Serve With “Serve”
• Office Depot To Launch PlayBook
• EU Approves Glaxo/Valeant Drug
• Helmerich & Payne To Outperform
• Forex – EUR/USD Up At The End Of U.S. Session
• PKI To Display Human Health Tools
• Forex – USD/JPY Up Toward The End Of U.S. Session
• Delta Seeks Loans To Refi Debt
• Goodrich Gets Air Force Contract
• Lululemon Announces Stock Split
• Shanghai Petrochem Income Rises
• Apple To See Increased Competition
• Forex – EUR/USD Up Toward The End Of U.S. Session
• U.S. Markets Close Higher; Dow Jones Up 0.58%
• Feb. Home Sales In Las Vegas Highest Since 2006!
• Ardea Biosciences In Neutral Lane
• Toyota Restricts Parts Orders
• State Street Stays Neutral
• Medtronic Stent Gives Boost
• Pfizer Recalls Products
• Takeda Makes Alnylam $10M
• StanCorp Financial Downgraded
• Forex – GBP/USD Up During The U.S. Session
• NCR Selected By Philips S.A.
• Enterprise: More Midstream Ventures
• Boston Scientific Stays Neutral
• Hot Option Plays: Red Flag – Copper Pulling Back
• Forex – USD/CAD Down In U.S. Trade
• Citigroup Sells 3-Year Senior Notes
• Align To Buy Cadent To Get Equipped
• DTE Energy Drives Efficiency
• LTC Properties Closes Equity Offer
• 03/30 FX Options Report
• Canada Home Prices: Headed For Steep Correction?
• Volvo Recruiting, Plans To Hire 1,200 Workers In 12 Months
• Forex – EUR/USD Up In U.S. Trading Hours
• Three-legged Play Positions Options Trader For A RadioShack Rally
• Middle-Class Middleweights To Be Growth Champions

Forex – AUD/USD Up On Economic Data Posted: 30 Mar 2011 06:00 PM PDT Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Thursday after the release of Australian data on Retail Sales.<br/><br/> AUD/USD was trading at 1.0346, up 0.16% at time of writing.<br/><br/> The pair was likely to find support at 1.0205, Tuesday&rsquo;s low, and resistance at 1.0346, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Retail sales in Australia rose more-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Australian Retail Sales Rise More-than-expected Posted: 30 Mar 2011 05:45 PM PDT Forex Pros – Retail sales in Australia rose more-than-expected last month, official data showed on Thursday.<br/><br/>In a report, Australian Bureau of Statistics said that Australian retail sales rose to a seasonally adjusted 0.50%, from 0.40% in the preceding month.<br/><br/>Analysts had expected Australian retail sales to rise 0.40% last … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/JPY Up During The Asian Session Posted: 30 Mar 2011 05:45 PM PDT Forex Pros – The British Pound was higher against the Japanese Yen on Thursday.<br/><br/> GBP/JPY was trading at 133.75, up 0.39% at time of writing.<br/><br/> The pair was likely to find support at 130.14, Monday&rsquo;s low, and resistance at 133.77, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the U.S. Dollar and the Euro, with GBP/USD gaining 0.13% to hit 1.6095 and EUR/GBP falling 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hot Option Plays: Jump On Jobs Posted: 30 Mar 2011 05:18 PM PDT Cusick’s Corner The market continued to chop its way higher into the After Hours and the strength continued to be wide spread. Most notably the Small Caps, IWM & RUT, were the leaders and traders like to see these higher beta stocks to be on the move. Market watchers will be focused on Ireland and their stress test results as well as Claims data here in the States pre-market. Trade might lighten up if there are no surprises in front of the Employment numbers due out on Friday. See you … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down In Asian Trade Posted: 30 Mar 2011 05:05 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4124, down 0.02% at time of writing.<br/><br/> The pair was likely to find support at 1.4022, Monday&rsquo;s low, and resistance at 1.4149, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.06% to hit 0.8785 and EUR/JPY rising 0.30% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Up During Asian Trade Posted: 30 Mar 2011 04:15 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Wednesday.<br/><br/> USD/JPY was trading at 83.14, up 0.30% at time of writing.<br/><br/> The pair was likely to find support at 80.88, Friday&rsquo;s low, and resistance at 83.18, today&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.03% to hit 1.4123 and GBP/USD falling 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Vertex Drug Does It Again Posted: 30 Mar 2011 04:05 PM PDT Vertex Pharmaceuticals Inc. (NASDAQ:VRTX) recently reported positive data from a late stage trial on VX-770, being evaluated for the treatment of cystic fibrosis (CF). All the primary and secondary endpoints were met in the phase III (ENVISION) trial, which compared VX-770 with placebo. The study, which enrolled 52 patients aged 6 to 11 years, dosed either VX-770 (150 mg) or placebo twice daily. The trial data demonstrated that the difference in mean absolute improvement from baseline in lung … [visit site to read more] or compare Best Credit Cards and Best CD Rates

TRW Gears Up With New Brake Posted: 30 Mar 2011 04:05 PM PDT TRW Automotive Holdings Corp. (NYSE:TRW) introduced its upgraded Electric Park Brake (EPB) system for front axles of a wide range of vehicles. The new development will enable users to enjoy a wide range of safety benefits and improve performance of the braking system in case of acute emergency. The new application requires a simple vehicle assembly that does away shoe actuators, linkages, fixing devices, cables or even the handbrake lever, thereby reducing cost, space crunch and weight of the rear … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Truth About The Economy: We’re Heading Back Toward A Double Dip Posted: 30 Mar 2011 03:54 PM PDT Why aren't Americans being told the truth about the economy? We're heading in the direction of a double dip – but you'd never know it if you listened to the upbeat messages coming out of Wall Street and Washington. Consumers are 70 percent of the American economy, and consumer confidence is plummeting. It's weaker today on average than at the low point of the Great Recession. The Reuters/University of Michigan survey shows a 10 point decline in March – the tenth largest drop on … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Google Brings Fiber Network To Kansas City Posted: 30 Mar 2011 03:50 PM PDT 03/30/11 Google chose Kansas City, Kansas, to build a high speed broadband network. Google fiber service will eventually be rolled out in other cities, throughout the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Mid-America Acquires Assets Posted: 30 Mar 2011 03:35 PM PDT Mid-America Apartment Communities Inc. (NYSE:MAA), an apartment-only real estate investment trust has recently acquired Verandas at South Wood, a premium quality 300-unit apartment community based in Tallahassee, Florida, for an undisclosed amount. The South Wood community was acquired by Mid-America through Mid-America Multifamily Fund II, LLC, a joint venture with private capital. The deal includes an existing loan and will be funded through a market offering. The South Wood community is the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Down In Asian Trade Posted: 30 Mar 2011 03:35 PM PDT Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Wednesday.<br/><br/> NZD/USD was trading at 0.7622, down 0.01% at time of writing.<br/><br/> The pair was likely to find support at 0.7486, Friday&rsquo;s low, and resistance at 0.7637, today&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was up against the Australian Dollar and down against the Euro, with AUD/NZD shedding 0.07% to hit 1.3535 and EUR/NZD rising 0.02% … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Online Labor Demand Now Above December 2007 Levels; First Quarter Layoffs Fall To 16-Year Low Posted: 30 Mar 2011 03:22 PM PDT The Conference Board reported today that online advertised vacancies rose in March to 4,454,500, which is the highest number of job openings since May 2007, almost four years ago.  The March increase of 208,800 online jobs advertised follows a 437,600 increase in January, and brings the total increase in online job openings in the first quarter of 2011 to 619,000.  The 2,725,900 new online job vacancies in March is the highest level since April 2007 for that series, and marks the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Day Ahead: US Initial Jobless Claims, Chicago PMI, Factory Orders Posted: 30 Mar 2011 10:20 AM PDT 03/30/11 The stories, data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Avoid Financial Disasters With Trailing Stops Posted: 30 Mar 2011 03:17 PM PDT By Chuck LeBeau, SmartStops.net Director of Analytics  (originally published Jan. 2009)   In less than a year six widely held financial stocks (Fannie Mae (NYSE:FNM)' Freddie Mac (NYSE:FRE), Lehman Brothers (LEH), American International Group (NYSE:AIG), Washington Mutual (NYSE:WM) and Bear Stearns (BSC) have cost Buy and Hold investors more than $840 billion dollars.  That's billions more than the controversial government bailout that has the entire country up in arms.  If we … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Digital Subscribers Way Up For News Corp. Posted: 30 Mar 2011 03:10 PM PDT News International, a subsidiary of News Corporation (NWSA), which began charging readers for online content for The Times of London and Sunday Times of London, in early July 2010, witnessed a surge in the number of digital subscribers — up approximately 60% during a four-month period, Bloomberg reports. News International saw monthly digital subscribers rise from 50,000 on October 31, 2010 to 79,000 at the end of February 2011, who are accessing articles online, on Apple Inc.’s (NASDAQ:AAPL) … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Everest Re Rated Underperform Posted: 30 Mar 2011 03:10 PM PDT We are downgrading shares of Everest Re Group Ltd. (NYSE:RE) to ‘Underperform’ from ‘Neutral’ based on concerns over soft reinsurance markets and adverse reserve developments for the past several years. Everest Re’s history of reserve additions in eight out of the last ten years in its asbestos and environmental policies gives investors pause regarding reserving practices. During that timeframe, most peers showed robust redundancies on the balance sheet and boosted results along the way. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hhgregg Improves Liquidity Posted: 30 Mar 2011 03:05 PM PDT hhgregg Inc. (NYSE:HGG) announced that its subsidiary, Gregg Appliances Inc. successfully completed an Amended and Restated Loan and Security Agreement thereby amending Gregg Appliances' existing revolving credit facility. According to this agreement, the maximum borrowing capacity has been increased to $300 million from $125 million, subject to borrowing base availability and the date of maturity being extended to March 29, 2016. The bankers, Wells Fargo Bank, National Association will act as … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Core Laboratories In Neutral Lane Posted: 30 Mar 2011 03:05 PM PDT We are maintaining a Neutral rating on Core Laboratories (NYSE:CLB) given its leadership position in reservoir optimization, along with its global footprint and deep portfolio of proprietary products and services, partially offset by the gas and oil price volatility and geo-political risks. Core Labs exhibits an array of proprietary products and services that position it to operate successfully in the current environment of low commodity prices. Moreover, the expected improvement in international … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Baker Hughes Remains Neutral Posted: 30 Mar 2011 03:05 PM PDT We are reiterating our Neutral recommendation on Baker Hughes Inc. (NYSE:BHI), as we believe the stock will perform in line with the broader market. Baker Hughes reported strong fourth-quarter 2010 results; however, our concern related to the company's international margin keeps us on the sidelines. Last quarter, Baker Hughes reported a nearly three-fold jump in per share profit and beat our expectation. The improvement was due mainly to the ongoing strength of customer spending in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

New Contracts For Atmel’s MaXTouch Posted: 30 Mar 2011 03:05 PM PDT Fujitsu has selected Atmel Corporation's (NASDAQ:ATML) Atmel maXTouch solution for its docomo’s REGZA Phone T-01C touchscreen. The financial details of the transaction were not disclosed. Japan’s NTT docomo will exclusively sell Fujitsu’s smartphone docomo REGZA phone T-01C , which features a 12.2-megapixel camera, 4-inch touchscreen, TV, infrared communications, 720p video recording, GSM, Bluetooth® and Wi-Fi. Additionally, the smartphone has Mobile REGZA Engine 3.0 enabling TV, YouTube™ and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Enterprise In Expansion Spree Posted: 30 Mar 2011 03:05 PM PDT Midstream energy services provider Enterprise Products Partners L.P. (NYSE:EPD) continues with its expansion plans, announcing the expansion of its Houston export terminal and its Mid-America Pipeline system. Houston Export Terminal Expansion Enterprise Products Partners L.P. is planning the expansion of its natural gas liquids (NGLs) import/export terminal on the Houston Ship Channel, which is the highest rated facility of its kind in the United States. Enterprise Products Partners said this … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Newmont To Divert Japanese Ops Posted: 30 Mar 2011 02:35 PM PDT Newmont Mining Corp.(NYSE:NEM) will divert its gold and copper concentrates of Nusa Tenggara, its Indonesian unit, to five new Japanese smelters. These reserves were usually shipped to Mitsubishi Materials Corp.'s Onahama smelter, north of Tokyo. According to the company, this diversion has been necessitated by the devastating March 11, 2011, earthquake and tsunami in Japan, which terminated the operations at Onahama. The company's Indonesian unit expects gold production in the range of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Dow Enters Into A Joint Venture Posted: 30 Mar 2011 02:35 PM PDT Chemical giant The Dow Chemical Company (NYSE:DOW) entered into a joint venture with Befar Group Co. Ltd. to make a key refrigerant chemical in China. The 50:50 joint venture will produce perchloroethylene, a building block for refrigerants used in industrial, automotive, consumer, building and other cooling applications, the Midland, Mich.-based Dow said in a statement According to Dow, the companies will explore the development of a new factory in Binzhou, China that could produce 40 kilotons of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

ViroPharma’s Cinryze In Phase II Posted: 30 Mar 2011 02:35 PM PDT ViroPharma Inc. (NASDAQ:VPHM) recently announced the initiation of a mid-stage trial of Cinryze as a treatment of acute antibody-mediated rejection (AMR) in recipients of donor-specific cross-match positive kidney transplants. The trial, which will enroll 20 patients, will evaluate the safety and efficacy of the candidate for the aforesaid indication. In the trial, Cinryze's safety, pharmacokinetics/pharmacodynamics, and clinical effect will be assessed after two weeks of treatment. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

IP Enters India, Hikes Dividend Posted: 30 Mar 2011 02:35 PM PDT In a strategic bid to tap India's growing paper and packaging market, International Paper Co. (NYSE:IP) announced plans to acquire a 75% stake in leading Indian paper company Andhra Pradesh Paper Mills Limited. Andhra Pradesh Paper Mills Limited ("APPM") is one of the biggest, integrated pulp and paper manufacturing companies in India and caters to both the domestic and foreign markets. Andhra Pradesh Paper Mills produces writing and printing and copier papers at its two mills with a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Closing Bell Market Monitor: T, CEPH, ZZ, QIHU Posted: 30 Mar 2011 02:30 PM PDT 03/30/11 In-depth coverage of daily money market movements containing technical analysis and detailed forecasts into particular currency pairs; reported directly from the floor of the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Closing Bell Market Monitor: T, CEPH, ZZ, QIHU Posted: 30 Mar 2011 09:30 AM PDT 03/30/11 In-depth coverage of daily money market movements containing technical analysis and detailed forecasts into particular currency pairs; reported directly from the floor of the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Picks For Thursday March 31 Posted: 30 Mar 2011 02:14 PM PDT ( click to enlarge ) Boise Inc. (NYSE:BZ) could move to the target zone at $9.35-$9.60. The positive outlook would be valid as long as the stock holds above the stop-loss level at $8.90. On daily chart, the technical indicators are supporting the bulls. MACD is positive and above the signal line. The RSI is also moving up and above its 50 level. Shareholders may remain invested with a stop-loss at $8.90. ( click to enlarge ) Dynegy Inc. (NYSE:DYN) enjoys a strong support at the 5.65-5.60 zone. A … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AmEx To Serve With “Serve” Posted: 30 Mar 2011 02:05 PM PDT On Monday, American Express Co. (NYSE:AXP) (AmEx) expanded its digital payment services by introducing a new smart service known as Serve, by which customers can transfer funds online and also through their mobile phones. The service will be available to the company's consumers in the US, while an international launch is projected in 2012. Serve is the outcome of AmEx's technology generated from its $300 million acquisition of Revolution Money last year. The latter is also an arch rival of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Office Depot To Launch PlayBook Posted: 30 Mar 2011 02:05 PM PDT Office Depot Inc. (NYSE:ODP) recently announced the launch of the BlackBerry PlayBook tablet at its retail store locations and its website, commencing from April 19, 2011. The leading supplier of office products and services announced that the buyers can book the PlayBook ahead of the launch through a pre-order beginning March 29, 2011. Touted as the world's first tablet for office goers, BlackBerry PlayBook helps in easy execution of various diverse tasks simultaneously with HD multimedia and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EU Approves Glaxo/Valeant Drug Posted: 30 Mar 2011 02:05 PM PDT GlaxoSmithKline (NYSE:GSK) and Valeant Pharmaceuticals (NYSE:VRX) received good news recently in the form of EU approval for their epilepsy drug, Trobalt (retigabine). Glaxo and Valeant received marketing authorization for the use of Trobalt as an add-on treatment of partial onset seizures, with or without secondary generalization, in adults aged 18 years and above with epilepsy. Approval was granted on the basis of data from two pivotal phase III studies, RESTORE 1 and 2, and one phase IIb … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Helmerich & Payne To Outperform Posted: 30 Mar 2011 02:05 PM PDT We have recently upgraded contract drilling services provider Helmerich & Payne Inc. (HP) to ‘Outperform’ from ‘Neutral’. Helmerich & Payne is a major land and offshore drilling contractor in the western hemisphere, having the youngest and most efficient drilling fleet. The company specializes in shallow to deep drilling in oil and gas-producing basins of the U.S. and in drilling for oil and gas in international locations. With the industry requiring increasingly complex well designs, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up At The End Of U.S. Session Posted: 30 Mar 2011 01:55 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday after the release of U.S. data on ADP Nonfarm Employment Change.<br/><br/> EUR/USD was trading at 1.4127, up 0.10% at time of writing.<br/><br/> The pair was likely to find support at 1.4022, Monday&rsquo;s low, and resistance at 1.4193, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that non-farm employment change in the U.S. rose less-than-expected to a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

PKI To Display Human Health Tools Posted: 30 Mar 2011 01:40 PM PDT A global leader in life science research PerkinElmer (NYSE:PKI) has planned to unveil its new set of drug discovery technologies and applications at the Society for Biomolecular Science 2011, Florida. The company will also showcase its new generation products based on Alpha Technology and a series of epigenetics-based detection reagents in the meet which are effective in drug discovery and life sciences research for cancer, neurodegenerative and metabolic disorders, as well as applications … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Up Toward The End Of U.S. Session Posted: 30 Mar 2011 01:40 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Wednesday after the release of U.S. data on ADP Nonfarm Employment Change.<br/><br/> USD/JPY was trading at 82.89, up 0.50% at time of writing.<br/><br/> The pair was likely to find support at 80.88, Friday&rsquo;s low, and resistance at 83.18, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that non-farm employment change in the U.S. rose less-than-expected to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Delta Seeks Loans To Refi Debt Posted: 30 Mar 2011 01:35 PM PDT The second largest U.S. airline, Delta Air Lines (NYSE:DAL), is looking for $2.6 billion in loans to refinance debt. The loan finance will repay debt, obtained in 2007, that was set as a reserve for any bankruptcy situation including a revolving credit line, a first-lien synthetic line of credit and a second-lien term loan. The current first-lien debt includes a $1.225 billion, five-year revolving credit line and a $1.375 billion six-year term loan B. First-lien debt is repaid first in a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Goodrich Gets Air Force Contract Posted: 30 Mar 2011 01:35 PM PDT Goodrich Corporation (NYSE:GR) was awarded a contract by the U.S. Air Force to deliver two upgraded Electro-Optical Reconnaissance Sensors (SYERS) for use on the U-2 aircraft. These upgrades, known as SYERS-2A, will enhance the U-2 aircraft's functionality by adding extra multi-spectral imaging capability, which will be helpful for discerning imagery. Work on the contract would be done in Goodrich's facility in Chelmsford, Massachusetts. The U-2 aircraft, manufactured by Lockheed Martin … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Lululemon Announces Stock Split Posted: 30 Mar 2011 01:35 PM PDT Lululemon Athletica Inc. (NASDAQ:LULU), engaged in the designing, manufacturing, and distribution of athletic apparel and accessories, recently indicated that its board has approved a stock split in the ratio of 2-for-1 and an increase in its authorized common stock from 200,000,000 shares to 400,000,000 shares. The company also intends to do a two-for-one split of its Special Voting Stock and increase the company's authorized Special Voting Stock from 30,000,000 shares to 60,000,000 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Shanghai Petrochem Income Rises Posted: 30 Mar 2011 01:35 PM PDT One of China's largest petrochemical companies, Sinopec Shanghai Petrochemical Company Limited (NYSE:SHI) announced 2010 net income of RMB 2.8 billion or RMB 0.385 per diluted share, compared with RMB 1.7 billion or RMB 0.221 per diluted share a year earlier. The positive comparisons can be primarily attributable to higher sales and volumes. In 2010, Shanghai's crude oil costs amounted to RMB 39.7 billion, representing 58.11% of its total annual cost of sales. The average unit cost of crude … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Apple To See Increased Competition Posted: 30 Mar 2011 01:35 PM PDT Apple Inc. (NASDAQ:AAPL) will face rising competition in the smartphone market, not only from Google Inc.'s (NASDAQ:GOOG) Android-based phones, but also from Microsoft Corp.'s (NASDAQ:MSFT) Windows Phone 7, according to research firm IDC. Android-based phones are forecasted to capture 45.4% of the market, according to the firm, while Windows Phone 7 will accumulate a 20.9% market share by 2015. Apple's iPhone is expected to be in the #3 position with a market share of 15.3%. After a tepid … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up Toward The End Of U.S. Session Posted: 30 Mar 2011 01:25 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday after the release of U.S. data on ADP Nonfarm Employment Change.<br/><br/> EUR/USD was trading at 1.4126, up 0.09% at time of writing.<br/><br/> The pair was likely to find support at 1.4022, Monday&rsquo;s low, and resistance at 1.4193, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that non-farm employment change in the U.S. rose less-than-expected to a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Markets Close Higher; Dow Jones Up 0.58% Posted: 30 Mar 2011 01:10 PM PDT Forex Pros – U.S. stocks were up after the closing bell on Wednesday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average rose 0.58%, the S&P 500 index gained 0.67%, while the Nasdaq 100 index climbed 0.47%.<br/><br/> Earlier in the day, official data showed that non-farm employment change in the U.S. rose less-than-expected to a seasonally adjusted 201.00K last month, from 208.00K in the preceding month whose figure was revised down from … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Feb. Home Sales In Las Vegas Highest Since 2006! Posted: 30 Mar 2011 01:09 PM PDT DQ News — “Las Vegas region February home sales rose to a five-year high, boosted by unusually high levels of cash and investor purchases. The record portion of cash deals represented more than half of all transactions for the third consecutive month, while the percentage of homes bought with a mortgage dropped to the lowest point for any month in at least 17 years.  Last month 3,879 new and resale houses and condos closed escrow in the Las Vegas-Paradise metro area (Clark County) – … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Ardea Biosciences In Neutral Lane Posted: 30 Mar 2011 01:06 PM PDT We are maintaining our Neutral recommendation on Ardea Biosciences Inc. (NASDAQ:RDEA) with a target price of $29.00. Ardea Biosciences, headquartered in San Diego, California, focuses on the discovery and development of small-molecule therapeutics for the treatment of gout, human immunodeficiency virus (HIV) and cancer. Ardea recently reported fourth quarter 2010 results. The development stage biopharmaceutical company's net loss of $0.03 per share was narrower than the year-ago loss of $0.34 and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Toyota Restricts Parts Orders Posted: 30 Mar 2011 01:06 PM PDT Toyota Motor Corp. (NYSE:TM) asked its U.S. dealers to restrict orders for replacement parts from Japan. The automaker said it could not take orders for 233 parts for Lexus, Scion and Toyota models unless they are specifically required by a customer for repair. The replacement parts include brake rotors, body panels, shock absorbers and other. They were required for Prius gas-electric hybrid and hybrid version of the Highlander SUV, and the Camry midsize sedan. Toyota's decision was based on … [visit site to read more] or compare Best Credit Cards and Best CD Rates

State Street Stays Neutral Posted: 30 Mar 2011 01:06 PM PDT We continue to maintain our long-term Neutral recommendation on State Street Corp. (NYSE:STT). Though we are concerned about rising expenses and the company's risky investment portfolio exposure, the realignment of its investment portfolio, various restructuring programs, strong capital ratios along with well-off core servicing and investment management franchises will help it offset the financial weakness caused by the sluggish economic recovery, thereby providing buoyancy to growth in the near … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Medtronic Stent Gives Boost Posted: 30 Mar 2011 01:05 PM PDT Leading medical devices maker Medtronic's (NYSE:MDT) will present pivotal U.S. data on its Resolute drug-eluting stent (DES) at the annual conference of American College of Cardiology to be held in New Orleans from April 2-5. The data that brings forth the one year result of a clinical study (named RESOLUTE US) will also help meet the requirements of the US Food and Drug Administration (FDA) for the pre-market approval of Medtronic's Resolute DES. In addition, Medtronic has also planned to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Pfizer Recalls Products Posted: 30 Mar 2011 01:05 PM PDT The pharma sector continues to be swamped by product recalls. Pfizer, Inc.'s (NYSE:PFE) wholly owned subsidiary, Greenstone, recently announced the voluntary recall of two products in the US due to possible mislabeling. The recalled medicines are citalopram 10mg tablets (100-count bottle) and finasteride 5mg tablets (90-count bottle). Pfizer indicated that a third-party manufacturer may have placed the incorrect labels on the bottles. While bottles containing citalopram, an anti-depressant, have … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Takeda Makes Alnylam $10M Posted: 30 Mar 2011 01:05 PM PDT Alnylam Pharmaceuticals Inc. (NASDAQ:ALNY) recently announced that it has received a payment of $10 million from Japanese drug company Takeda Pharmaceutical Company Limited. The payment resulted from the transfer of Alnylam’s RNAi (Ribo Nucleic Acid interference) therapeutics platform technology to Takeda for the development of RNAi therapeutics. Documents, materials, and know-how were transferred for Takeda's use under a strategic alliance formed between the companies in May 2008. Alnylam has … [visit site to read more] or compare Best Credit Cards and Best CD Rates

StanCorp Financial Downgraded Posted: 30 Mar 2011 01:05 PM PDT We are downgrading StanCorp Financial Group Inc. (NYSE:SFG) to ‘Underperform’ from ‘Neutral’ as we expect delinquencies on commercial mortgage loans to remain modestly high in the foreseeable future. Moreover, we suspect organic growth will remain restricted in the near term, given the sluggish economic environment and challenging labor market conditions. StanCorp's exposure to commercial mortgage loans are higher than that of its peers and account for approximately 40% of the investment … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Up During The U.S. Session Posted: 30 Mar 2011 12:45 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Wednesday after the release of U.S. data on ADP Nonfarm Employment Change.<br/><br/> GBP/USD was trading at 1.6080, up 0.43% at time of writing.<br/><br/> The pair was likely to find support at 1.5938, Monday&rsquo;s low, and resistance at 1.6142, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that non-farm employment change in the U.S. rose … [visit site to read more] or compare Best Credit Cards and Best CD Rates

NCR Selected By Philips S.A. Posted: 30 Mar 2011 12:35 PM PDT Technology and solutions provider for the retail and financial services industries, NCR Corporation (NYSE:NCR) has recently been selected to provide help desk, customer support and other managed services to the Spanish-speaking customers of Philips S.A. throughout Latin America. As per this new contract, the facility in Buenos Aires will be used by NCR for providing technical support and customer care services with respect to all Philips S.A. consumer products. NCR will also assist with inbound … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Enterprise: More Midstream Ventures Posted: 30 Mar 2011 12:35 PM PDT Enterprise Products Partners L.P. (NYSE:EPD) has inked an additional contract with Anadarko Petroleum Corporation (NYSE:APC), under which the former will provide midstream services in the Eagle Ford Shale play of South Texas. While the financial terms of the agreement were not disclosed, it is a follow-up to the deal that both companies had entered into in September 2010. Per the agreement, Enterprise will provide gas processing, natural gas liquid (NGL) fractionation, as well as transportation … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Boston Scientific Stays Neutral Posted: 30 Mar 2011 12:35 PM PDT Recently, we reiterated our 'Neutral' recommendation on Boston Scientific (NYSE:BSX) with a target price of $7.75. In early 2010, Boston Scientific undertook a series of management level changes and restructuring initiatives to innovate and focus on revenue growth and increase shareholder value. The company is progressing well with the integration of the CRM and CV businesses into the newly formed CRV Group, as well as elimination of the international and Endosurgery headquarters. The company … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hot Option Plays: Red Flag – Copper Pulling Back Posted: 30 Mar 2011 12:18 PM PDT Cusick's Corner The bulls are on the loose and I am not one to get in front of a raging bull. Big Money, those managers who washed their hands of this market 10 sessions ago are feeling enough remorse and are back in, more so than the typical window dressing that we typically we see at month's end. This action looks and feels like it could stick around for the next couple of weeks. Keep an eye on Copper (JJC). As I mentioned earlier in the week, the metal has begun to pull back and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Down In U.S. Trade Posted: 30 Mar 2011 12:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Wednesday.<br/><br/> USD/CAD was trading at 0.9714, down 0.31% at time of writing.<br/><br/> The pair was likely to find support at 0.9688, today&rsquo;s low, and resistance at 0.9828, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.05% to hit 1.4121 and GBP/USD rising 0.40% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Citigroup Sells 3-Year Senior Notes Posted: 30 Mar 2011 12:06 PM PDT Following last week's declaration of reverse stock split and dividend payment reinstatement, Citigroup Inc. (NYSE:C) sold 3-year senior notes worth $750 million on Tuesday, according to Thomson Reuters. Citigroup sold the 3-year floating rate issue worth $750 million at a coupon rate of 3-month London Interbank Offered Rate (LIBOR). The bonds will mature in April 2014, yielding 93 basis points more than USD LIBOR. The new notes has been rated 'A3' by Moody’s Investors Service, the ratings … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Align To Buy Cadent To Get Equipped Posted: 30 Mar 2011 12:06 PM PDT Align Technology (NASDAQ:ALGN) has decided to acquire privately-held Cadent Holdings, a provider of 3D digital scanning solutions for orthodontics and dentistry, for $190 million in cash. The acquisition, subject to regulatory approvals, is expected to close during the second quarter of 2011. While the transaction will dilute fiscal 2011 EPS on a GAAP basis, it expects adjusted EPS for the year to be at 70-75 cents. The Zacks Consensus Estimate for fiscal 2011 is 80 cents. Moreover, the deal with … [visit site to read more] or compare Best Credit Cards and Best CD Rates

DTE Energy Drives Efficiency Posted: 30 Mar 2011 12:06 PM PDT DTE Energy Company (NYSE:DTE) in view of improving its operational efficiency announced plans to install an additional 350,000 electric meters in Oakland, Michigan. The installation part of the company's Advanced Metering Infrastructure (AMI) program will start in April 2011 and is expected to be completed by early 2012. The meters will help the company by providing remote monitoring of the electric distribution system, provide detailed information about their energy usage and recognize power … [visit site to read more] or compare Best Credit Cards and Best CD Rates

LTC Properties Closes Equity Offer Posted: 30 Mar 2011 12:05 PM PDT LTC Properties Inc. (NYSE:LTC), a healthcare real estate investment trust (REIT), has recently completed its equity offer of 3.5 million shares at $27.25 each. The company also sold an additional 0.5 million shares as the underwriters exercised their over-allotment options. LTC raised gross proceeds of approximately $108.7 million from the secondary offering, including the over-allotment options. KeyBanc Capital Markets Inc. – the investment banking division of KeyCorp (NYSE:KEY); Wells Fargo … [visit site to read more] or compare Best Credit Cards and Best CD Rates

03/30 FX Options Report Posted: 30 Mar 2011 12:05 PM PDT The USD traded mixed against the majors, following the ADP employment report. The AUD/USD advanced to a new post-float … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Canada Home Prices: Headed For Steep Correction? Posted: 30 Mar 2011 11:50 AM PDT Home price indexes for January were released this week for the U.S. (Case-Shiller) and Canada (Teranet), see chart above.  Both home price indexes for both countries equal 100 in January 2000 in the graph.  U.S.  home prices more than doubled between 2000 and 2006 and peaked at 206.52 in July 2006 when the real estate bubble burst and home prices plunged by 32.4% before hitting bottom in April 2009 at an index level of 139.26.  Canadian home prices have more than doubled … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Volvo Recruiting, Plans To Hire 1,200 Workers In 12 Months Posted: 30 Mar 2011 06:45 AM PDT 03/30/11 In an attempt to make a major push to develop fuel-efficient vehicles, Volvo Cars announced that it will embark on a major recruitment … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up In U.S. Trading Hours Posted: 30 Mar 2011 11:45 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4124, up 0.07% at time of writing.<br/><br/> The pair was likely to find support at 1.4022, Monday&rsquo;s low, and resistance at 1.4193, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.31% to hit 0.8789 and EUR/JPY rising 0.55% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Three-legged Play Positions Options Trader For A RadioShack Rally Posted: 30 Mar 2011 10:56 AM PDT Three-legged play positions options trader for a RadioShack rally Today’s tickers: RSH, BLK, KBH & GNW RadioShack Corp. (NYSE:RSH) – A three-legged options combination play on RadioShack today signals long-term bullish sentiment on the consumer electronics goods retailer in addition to the flurry of near-term bullish call activity observed during the session on yet another bout of renewed private equity speculation. Shares in RadioShack are up 1.45% to arrive at $15.34 just before 1:00pm. One … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Middle-Class Middleweights To Be Growth Champions Posted: 29 Mar 2011 10:00 PM PDT Over the next 15 years, the number of children in middle-class households in emerging market cities around the world may grow 10 times faster than those in developed countries. This future generation living in places such as China, Latin America and South Asia should drive the demand for goods and services, housing and transportation that extend beyond the basic necessities of life. In McKinsey Global Institute's recently published report, "Urban world: Mapping the Economic Power of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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