DailyMarkets.com - Forex – EUR/USD Up In Asian Trade
DailyMarkets.com - Forex – EUR/USD Up In Asian Trade |
- Forex – EUR/USD Up In Asian Trade
- Forex – USD/JPY Up During Asian Trade
- Walter’s Alabama Expansion On Track
- Grainger February Sales Grow 11%
- Kroger In Neutral Lane
- ZOLL Seals Aussie AED Deal
- Nuclear Energy Safety Questioned
- Alexion Maintained At Neutral
- Walter’s Alabama Expansion On Track
- Forex – NZD/USD Up In Asian Trade
- The Day Ahead: FOMC Rate Decision, NAHB Housing Market Index, NY Empire Manufacturing, TIC Flows, US Export & Import Prices
- Hot Option Plays: VIX Remains Contained
- PVG Merges With PVR
- Chevron Narrows Refining Assets
- UTX Upgrades Forecasts
- Mid-America Rebranded As MAA
- MarkWest, Statoil In Midstream Pact
- Lawson Receives Offer At $11.25
- Teetering At Dow 12,000
- Top Solar Stocks To Watch This Week
- Automakers See Chinese Headwind
- DNDN To Make More Cancer Vaccine
- Quake & Tsunami Shake U.S. Airlines
- Closing Bell Market Monitor: BRK, TM, GE, Japan
- Alcoa Gets Bauxite Plan Deadline
- Moody’s Downgrades OSG
- Forex – EUR/USD Up At The End Of U.S. Session
- Embrella Now Under Edwards
- Forex – USD/JPY Down Toward The End Of U.S. Session
- Harris Buys Assets
- Ardea Loss Narrows In Q4
- Forex – EUR/USD Up Toward The End Of U.S. Session
- U.S. Markets Close Lower; Dow Jones Down 0.43%
- Missiles: Northrop Grumman Focus
- Risk Reward Balances For Gannett
- Stock Market Summary For Monday, March 11, 2011 Special Alert CSCO
- Forex – GBP/USD Up During The U.S. Session
- Honeywell Wins Contracts
- Carnival Cuts Outlook On Oil Prices
- Japan Killer Quake: MedTech Impact
- Stock Market Summary For Monday, March 14, 2011 Special Alert AGO
- Stock Market Summary For Monday, March 14, 2011 Special Alert UUP And EUO
- Ericsson Closes Nortel Acquisition
- Forex – USD/CAD Up In U.S. Trade
- Loss Widens At Optimer
- Autodesk Acquires Blue Ridge
- Watch For This At The Real Top Of The Gold Bubble
- 60 Minutes: $125,000 For Public School Teachers?
- Forex – EUR/USD Up In U.S. Trading Hours
- Ingram: Another Distributor Deal
- IPad2 Receives Great Response
- NRP Gets 160M Tons In Reserves
- Bank Failures: 25 So Far In ’11
- Hot Option Plays: Impact Difficult To Price Into Market
- Forex – AUD/USD Down In U.S. Trade
- Huntington Optimistic For 2011
- Neutral On America Movil
- European Markets Close Lower; Dax Down 1.65%
- Forex – NZD/USD Down During The U.S. Session
- Forex Trading: USDJPY Tests Days Midpoint At 81.51 (low 81.53) And Bounces
- Defects Ground Lockheed’s F-35
- IDEX’s Tender Offer Expires
- Lubrizol Added To Buffett’s Nest
- Dell On The Move
- “Natural Disaster…means Business For International Companies”
- Bullish Call On Lubrizol Ahead Of Deal Drives Big Payday
- Forex Trading: GBPUSD 200 Hour MA = 100 Bar MA On 4 Hour Chart
- London Ready To Launch 2012 Olympics Ticket Sales
- Forex – EUR/USD Up At The End Of European Session
- Silver To Confirm Bullish Continuation; Swing Projection Targets 39.00
- Bonds Jump On Follow-through Selling For Stocks
- Latvia Central Bank Holds Policy Rate At 3.50%
- Gold Should Be Resuming Its Uptrend
- Daylight Saving Time Costs $2 Billion Per Year
- Building Tacit Knowledge With On-the-Ground Experience
Forex – EUR/USD Up In Asian Trade Posted: 14 Mar 2011 05:05 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.3994, up 0.01% at time of writing. The pair was likely to find support at 1.3753, Friday's low, and resistance at 1.4003, Monday's high. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.02% to hit 0.8650 and EUR/JPY rising 0.24% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – USD/JPY Up During Asian Trade Posted: 14 Mar 2011 04:15 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Monday. USD/JPY was trading at 81.71, up 0.09% at time of writing. The pair was likely to find support at 80.64, Monday's low, and resistance at 83.30, Friday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.03% to hit 1.3996 and GBP/USD rising 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Walter’s Alabama Expansion On Track Posted: 14 Mar 2011 03:55 PM PDT Coal miner Walter Energy Inc. (NYSE:WLT) provided details on the development of its Alabama expansion initiatives, which were announced earlier. |
Grainger February Sales Grow 11% Posted: 14 Mar 2011 03:55 PM PDT W.W. Grainger Inc. (NYSE:GWW) reported February 2011 sales growth of 11% year over year. It increased from a growth of 10% in January 2011. |
Posted: 14 Mar 2011 03:55 PM PDT A dominant position among the nation's largest grocery retailers enables The Kroger Company (NYSE:KR) to sustain growth in top line, expand its store base, and boost its market share. The company's strong corporate and national brands helped gain customers' loyalty. |
Posted: 14 Mar 2011 03:55 PM PDT Massachusetts-based medical devices maker ZOLL Medical (NASDAQ:ZOLL) has won a major contract from the Government of New South Wales ("NSW"), Australia, for its automated external defibrillators (AEDs), devices that diagnose and treat sudden cardiac arrest ("SCA"). The Government of NSW has awarded the company a contract to provide its AED Plus devices for deployment on all Rural Fire Service stations across the state of NSW. |
Nuclear Energy Safety Questioned Posted: 14 Mar 2011 03:55 PM PDT 03/14/11 Global nuclear energy policy is being hotly debated, in the aftermath of the earthquake and tsunami in … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 14 Mar 2011 03:35 PM PDT We are maintaining our Neutral recommendation on Alexion Pharmaceuticals (NASDAQ:ALXN) with a target price of $102. |
Walter’s Alabama Expansion On Track Posted: 14 Mar 2011 03:35 PM PDT Coal miner Walter Energy Inc. (NYSE:WLT) provided details on the development of its Alabama expansion initiatives, which were announced earlier. |
Forex – NZD/USD Up In Asian Trade Posted: 14 Mar 2011 03:35 PM PDT Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Monday. NZD/USD was trading at 0.7399, up 0.08% at time of writing. The pair was likely to find support at 0.7322, Thursday's low, and resistance at 0.7456, Friday's high. Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.03% to hit 1.3652 and EUR/NZD falling 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 14 Mar 2011 10:20 AM PDT 03/15/11 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 |
Hot Option Plays: VIX Remains Contained Posted: 14 Mar 2011 03:18 PM PDT Cusick's Corner |
Posted: 14 Mar 2011 03:18 PM PDT BNP Paribas' Cortal Consors Launches SmartStops.net |
Posted: 14 Mar 2011 03:10 PM PDT Following the receipt of approval from their unitholders, on March 9, 2011, Penn Virginia Resource Partners L.P. (NYSE:PVR) and Penn Virginia GP Holdings L.P. (PVG) have successfully completed their merger. |
Chevron Narrows Refining Assets Posted: 14 Mar 2011 03:10 PM PDT Integrated energy giant Chevron Corp. (NYSE:CVX) has signed an agreement with Valero Energy Corporation (NYSE:VLO) for the sale of its U.K. subsidiary Chevron Limited, comprising Welsh refinery Pembroke and marketing and logistics assets. Chevron will receive a total cash consideration of $730 million for the 220,000 barrels per day capacity refinery and approximately $1 billion for inventories and other related assets. |
Posted: 14 Mar 2011 03:10 PM PDT United Technologies Corporation (NYSE:UTX) has increased the lower end of its expected 2011 earnings per share range to $5.20 from $5.05, and expects EPS of $5.20 to $5.35. |
Posted: 14 Mar 2011 03:05 PM PDT As part of the strategic move to better mirror the extended operating footprints of the company, which focus primarily on the Sunbelt region of the U.S., Mid-America Apartment Communities Inc. (NYSE:MAA), an apartment-only real estate investment trust (REIT), has recently initiated a new re-branding project. |
MarkWest, Statoil In Midstream Pact Posted: 14 Mar 2011 03:05 PM PDT MarkWest Liberty Midstream & Resources L.L.C. – a majority-owned joint venture of pipeline operator MarkWest Energy Partners L.P. (NYSE:MWE) – announced the signing of a long-term agreement with a subsidiary of Norway's StatoilHydro ASA (NYSE:STO) to provide additional natural gas midstream services in the latter's gas-rich Marcellus shale acreage of northern West Virginia. |
Lawson Receives Offer At $11.25 Posted: 14 Mar 2011 03:05 PM PDT Lawson Software, Inc. (NASDAQ:LWSN) confirmed that it has received an unsolicited proposal from Infor and Golden Gate Capital to acquire all of its outstanding common stock at a price of $11.25 per share in cash. |
Posted: 14 Mar 2011 03:05 PM PDT When the stock market is already in correction mode, then investors will give a lot more weight to every scrap of negative news. So it's truly not surprising that the apocalyptic images of destruction in Japan put US investors in a sour mood Monday. This has us just under Dow 12,000 once again. Historically these events have generally been good for the local economy and their major trade partners. How's that? Because this will require a big national stimulus plan to rebuild the destroyed … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Top Solar Stocks To Watch This Week Posted: 14 Mar 2011 02:46 PM PDT ( click to enlarge ) Good afternoon everyone! Solar stocks have calm down a bit today after a huge sell-off since the beginning of the month. Now, with the stocks testing previous lows, this may be a good time to make some technical analysis. First, let’s start with the chart of Trina Solar Limited (NYSE:TSL). On the daily chart, we can see a few technical signals suggesting that a swing higher may be in the cards in the short term. First, the stock bounced off recent major support on strong … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Automakers See Chinese Headwind Posted: 14 Mar 2011 02:25 PM PDT The recent sales numbers in China may have put to question the belief that the automobile market in the country would be the harbinger of worldwide automobile growth. In February, sales of all vehicles increased 5% and that of passenger cars rose 2.6% on a year-over-year basis, representing the slowest pace of growth in two years. |
DNDN To Make More Cancer Vaccine Posted: 14 Mar 2011 02:25 PM PDT Dendreon Corporation (NASDAQ:DNDN) recently received clearance from the U.S. Food and Drug Administration (FDA) to expand manufacturing facilities for its cancer vaccine Provenge in the US. The company's New Jersey facility, which is currently operating at 25% capacity with12 workstations, can now be fully operational with 48 workstations. |
Quake & Tsunami Shake U.S. Airlines Posted: 14 Mar 2011 02:25 PM PDT The March 11 tsunami interrupted air traffic at most Japanese airports. The U.S. airlines cancelled most flights to and from Japan following the calamity. While the Sendai airport remains flooded, the Narita Airport, the main international gateway into Japan, is also closed. Haneda, Japan’s busiest airport has, however, reopened. |
Closing Bell Market Monitor: BRK, TM, GE, Japan Posted: 14 Mar 2011 02:15 PM PDT 03/14/11 The latest in news, commentary, and information on what’s moving the US equities … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Alcoa Gets Bauxite Plan Deadline Posted: 14 Mar 2011 02:03 PM PDT The Western Australian government has given mining giants Rio Tinto Group and Alcoa Inc. (NYSE:AA) a deadline of two years to come up with a development plan for their Mitchell Plateau bauxite project. The deadline extends till December 31, 2012. |
Posted: 14 Mar 2011 02:02 PM PDT Overseas Shipholding Group Inc. (NYSE:OSG), a leading energy products transportation company, recently suffered a setback as Moody's Investor Service downgraded its credit ratings. Primary reason for this downgrade is the continuously falling oil tanker rates attributable to significant increase in supply of tankers. |
Forex – EUR/USD Up At The End Of U.S. Session Posted: 14 Mar 2011 01:55 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Monday. EUR/USD was trading at 1.3991, up 0.64% at time of writing. The pair was likely to find support at 1.3753, Friday's low, and resistance at 1.4003, today's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.06% to hit 0.8651 and EUR/JPY rising 0.36% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 14 Mar 2011 01:40 PM PDT Recently, Edwards Lifesciences (NYSE:EW) completed the acquisition of Embrella Cardiovascular for $43 million in cash. Embrella develops the Embrella Embolic Deflector System which is used during transcatheter heart valve (THV) procedures and received CE Mark approval in May 2010. The company has maintained its EPS guidance for fiscal 2011. |
Forex – USD/JPY Down Toward The End Of U.S. Session Posted: 14 Mar 2011 01:40 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Monday. USD/JPY was trading at 81.64, down 0.27% at time of writing. The pair was likely to find support at 80.64, Monday's low, and resistance at 83.30, Friday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.68% to hit 1.3996 and GBP/USD rising 0.63% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 14 Mar 2011 01:35 PM PDT Harris Corporation (NYSE:HRS), a leading supplier of communication equipments and services, recently bought essential infrastructural assets of the government business of Core180, Inc. It includes 50 highly skilled terrestrial networking experts based in Core180′s New York and Washington, DC-area offices, along with a 24×7 Network Operations Center for monitoring its extensive terrestrial infrastructure. These assets will be integrated into Harris CapRock Communications. |
Posted: 14 Mar 2011 01:35 PM PDT Ardea Biosciences Inc.'s (NASDAQ:RDEA) fourth quarter 2010 net loss of $0.6 million or $0.03 per share was narrower than the year-ago loss of $0.34 per share and the Zacks Consensus Estimate of a loss of $0.56 per share. The narrower loss was attributable to higher revenues in the final quarter of 2010 which more than offset the rise in operating costs. |
Forex – EUR/USD Up Toward The End Of U.S. Session Posted: 14 Mar 2011 01:25 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Monday. EUR/USD was trading at 1.3997, up 0.68% at time of writing. The pair was likely to find support at 1.3753, Friday's low, and resistance at 1.4003, today's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.05% to hit 0.8650 and EUR/JPY rising 0.46% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
U.S. Markets Close Lower; Dow Jones Down 0.43% Posted: 14 Mar 2011 01:10 PM PDT Forex Pros – U.S. stocks were down after the closing bell on Monday. At the close of U.S. trade, the Dow Jones Industrial Average fell 0.43%, the S&P 500 index shed 0.60%, while the Nasdaq 100 index declined 0.37%. Meanwhile, across the Atlantic, European stock markets closed lower. France's CAC 40 was down 1.29%; Germany's DAX shed 1.65%; Britain's FTSE 100 declined 0.92%; and the EURO STOXX 50 fell … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Missiles: Northrop Grumman Focus Posted: 14 Mar 2011 01:05 PM PDT Los Angeles-based leading shipbuilder and defense contractor Northrop Grumman Corporation (NYSE:NOC) along with The Boeing Company (NYSE:BA) has submitted a joint proposal for the U.S. Missile Defense Agency (MDA) Objective Simulation Framework (OSF) program. |
Risk Reward Balances For Gannett Posted: 14 Mar 2011 12:55 PM PDT With an improvement in the economic environment, the buzz about advertisers returning to the market is gaining ground. Gannett Co. Inc. (NYSE:GCI), the diversified media conglomerate, is expected to benefit from positive trends that are emerging in both print and digital advertising with advertisers' spending gaining momentum. |
Stock Market Summary For Monday, March 11, 2011 Special Alert CSCO Posted: 14 Mar 2011 12:46 PM PDT We are adding Cisco Systems (symbol: CSCO) to our watch list at the current price of … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – GBP/USD Up During The U.S. Session Posted: 14 Mar 2011 12:45 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Monday. GBP/USD was trading at 1.6181, up 0.63% at time of writing. The pair was likely to find support at 1.5978, Friday's low, and resistance at 1.6243, Wednesday's high. Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.05% to hit 0.8650 and GBP/JPY rising 0.44% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 14 Mar 2011 12:35 PM PDT The U.S. Navy has awarded an $8.9 million contract to Honeywell International Inc (NYSE:HON). The new work is in addition to a previously awarded contract for the development of 131 Advance Multipurpose Displays for lot 35 F/A-18F and EA-18G aircraft. |
Carnival Cuts Outlook On Oil Prices Posted: 14 Mar 2011 12:35 PM PDT Miami, Florida-based Carnival Corporation & plc (NYSE:CCL) reduced its fiscal 2011 earnings outlook to $2.50 to $2.60 from $2.90 to $3.10 precipitated by higher fuel prices and route changes resulting from disturbances in the Middle East and North Africa. The guidance has been lowered by 40 cents due to rising fuel prices and an additional 5 cents for direction changes in the Middle East and North Africa. |
Japan Killer Quake: MedTech Impact Posted: 14 Mar 2011 12:35 PM PDT Tremors triggering a quake, which struck about 250 miles north of Tokyo, followed by a colossal Tsunami, wreaked havoc on the people of the "Land of the Rising Sun" on March 11, resulting in massive carnage and destruction. |
Stock Market Summary For Monday, March 14, 2011 Special Alert AGO Posted: 14 Mar 2011 12:30 PM PDT We are going to add a third position in Assured Guaranty Ltd. (symbol: AGO) at the current price of $13.90 to our watch … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Stock Market Summary For Monday, March 14, 2011 Special Alert UUP And EUO Posted: 14 Mar 2011 12:11 PM PDT We are going to add to our watch list another position in the PowerShares Double US Dollar Index Bullish Fund (symbol: UUP) at the current price of $21.93 and another position in the ProShares UltraShort Euro (symbol: EUO) at the current price of $18.34. We have now averaged into these two ETFs five … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Ericsson Closes Nortel Acquisition Posted: 14 Mar 2011 12:10 PM PDT LM Ericsson Telephone Company (NASDAQ:ERIC) has completed the acquisition of Nortel’s Multiservice Switch business. This acquisition gives Ericsson access to a strong product portfolio and installed base in the data segment and also the supply of platforms for the recently acquired CDMA and GSM units. |
Forex – USD/CAD Up In U.S. Trade Posted: 14 Mar 2011 12:10 PM PDT Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Monday. USD/CAD was trading at 0.9743, up 0.13% at time of writing. The pair was likely to find support at 0.9668, Wednesday's low, and resistance at 0.9802, Friday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.70% to hit 1.3999 and GBP/USD rising 0.59% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 14 Mar 2011 12:05 PM PDT Optimer Pharma's (NASDAQ:OPTR) fourth quarter 2010 loss of 31 cents per share exceeded the year-ago loss of 28 cents per share. The Zacks Consensus Estimate was 33 cents. The wider loss was seen on the back of increased costs incurred for pre-launch marketing efforts for its antibiotic fidaxomicin. |
Posted: 14 Mar 2011 12:05 PM PDT Software company Autodesk Inc. (NASDAQ:ADSK) announced that it has completed the acquisition of Blue Ridge Numerics, Inc., a provider of computational fluid dynamics (CFD) software, for approximately $39.0 million in cash. However, the deal is subject to certain working capital adjustments. |
Watch For This At The Real Top Of The Gold Bubble Posted: 14 Mar 2011 11:55 AM PDT The precious metals correction didn't last long. Gold is up 7% and silver is up more than 30% since bottoming out in late January. The run has brought gold and silver to the forefront of the financial headlines once again. Not all investors, however, have yet to take the plunge into gold. A recent survey by CNN Money found "experts aren’t convinced the [gold's] gains will continue, with nearly 90% of survey respondents saying the precious metal will lose some luster as turmoil in … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
60 Minutes: $125,000 For Public School Teachers? Posted: 14 Mar 2011 11:50 AM PDT CBS News –”With state after state confronting massive budget problems, several governors have been looking to extract whatever they can from public employees like teachers, going after benefits packages and guaranteed job security that unions have won for them. But would teachers be willing to give up those protections for a chance to earn a lot more money? There’s a school in New York City that’s trying to prove just that. It’s a bold new experiment in public education called “TEP,” which … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – EUR/USD Up In U.S. Trading Hours Posted: 14 Mar 2011 11:45 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Monday. EUR/USD was trading at 1.3996, up 0.68% at time of writing. The pair was likely to find support at 1.3753, Friday's low, and resistance at 1.4003, today's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.05% to hit 0.8650 and EUR/JPY rising 0.43% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Ingram: Another Distributor Deal Posted: 14 Mar 2011 11:26 AM PDT Ingram Micro Inc. (NYSE:IM) sealed its second distributor deal in the last two weeks. Recently, the leading distributor of information technology (IT) entered into a pact with privately owned Acronis, a provider of solutions for data backup, recovery and security for all computing verticals. Per the terms of the agreement, Ingram Micro will market and sell Acronis' product suites to resellers and managed service providers across the U.S. markets. |
Posted: 14 Mar 2011 11:25 AM PDT Apple Inc.'s (NASDAQ:AAPL) much-hyped tablet computer iPad2 received a blockbuster response in its debut weekend. Analysts believe that Apple may have sold more than 500,000 iPad2s after retail outlets ran out of the tablet-style device since its arrival on March 11. |
NRP Gets 160M Tons In Reserves Posted: 14 Mar 2011 11:25 AM PDT Master limited partnership Natural Resource Partners L.P. (NYSE:NRP) said it has acquired nearly 160 million tons of aggregate reserves in Kentucky and Tennessee during the last month. The partnership paid a price of roughly $20.7 million for the purchases. |
Bank Failures: 25 So Far In ’11 Posted: 14 Mar 2011 11:25 AM PDT After a week's hiatus, U.S. regulators were back in action, shuttering two more banks in Oklahoma and Wisconsin. These pushed up the number of failed U.S. banks to 25 so far in 2011. These were preceded by 157 bank failures in 2010, 140 in 2009 and 25 in 2008. |
Hot Option Plays: Impact Difficult To Price Into Market Posted: 14 Mar 2011 11:19 AM PDT Cusick's Corner |
Forex – AUD/USD Down In U.S. Trade Posted: 14 Mar 2011 11:15 AM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Monday. AUD/USD was trading at 1.0093, down 0.43% at time of writing. The pair was likely to find support at 0.9970, Friday's low, and resistance at 1.0159, Friday's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 1.04% to hit 1.3858 and AUD/JPY falling 0.63% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Huntington Optimistic For 2011 Posted: 14 Mar 2011 11:05 AM PDT In a regulatory filing with the Securities and Exchange Commission (SEC) late last week, Huntington Bancshares Inc. (NASDAQ:HBAN) has expressed a positive outlook for 2011. The company anticipates the economy to remain relatively stable in 2011 with an improvement in the second half of the year. |
Posted: 14 Mar 2011 11:05 AM PDT We are currently maintaining our long-term Neutral rating on America Movil (NYSE:AMX). Currently, the stock has a Zacks #3 Rank (Hold). |
European Markets Close Lower; Dax Down 1.65% Posted: 14 Mar 2011 10:55 AM PDT Forex Pros – European stocks were down after the closing bell on Monday. At the close of European trade, Germany's DAX fell 1.65%, London's FTSE 100 shed 0.92%, France's CAC 40 declined 1.29% and the EURO STOXX 50 was down 1.10%. Meanwhile, on Wall Street, equity markets were down after the open. The Dow Jones Industrial Average was down 0.87%; the S&P 500 index shed 1.01%, while the Nasdaq 100 index declined … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – NZD/USD Down During The U.S. Session Posted: 14 Mar 2011 10:45 AM PDT Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Monday. NZD/USD was trading at 0.7392, down 0.46% at time of writing. The pair was likely to find support at 0.7322, Thursday's low, and resistance at 0.7456, Friday's high. Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.04% to hit 1.3655 and EUR/NZD rising 1.14% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex Trading: USDJPY Tests Days Midpoint At 81.51 (low 81.53) And Bounces Posted: 14 Mar 2011 10:43 AM PDT The USDJPY took a quick peak at the 81.51 target level (low reached 81.53). The price has already quickly rebounded and is back at the 81.63 level. The move was quick, the buy back seemed to be … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Defects Ground Lockheed’s F-35 Posted: 14 Mar 2011 10:35 AM PDT Lockheed Martin Corporation's (NYSE:LMT) fleet of 10 F-35 test aircrafts was grounded after a generator failure and oil leak. The incident occurred at the Edwards Air Force Base, California. Consequently, a House Armed Services Committee's aircraft subcommittee has scheduled a hearing on March 19, 2011. |
Posted: 14 Mar 2011 10:35 AM PDT IDEX Corporation (NYSE:IEX) announced that the period for a subsequent tender offer to acquire the remaining untendered shares of Microfluidics International Corporation, through its subsidiary Nano Merger Sub Inc., has expired. The company acquired Microfluidics' shares at $1.35 each. |
Lubrizol Added To Buffett’s Nest Posted: 14 Mar 2011 10:35 AM PDT Today, with the announcement to acquire Lubizol, Warren Buffett, the Chairman of Berkshire Hathaway Inc. (BRK.A) (BRK.B) has materialized his desire to add another company to its conglomerate. During the fourth quarter 2010 earnings release, he said that he had got some money to spend on acquisitions. |
Posted: 14 Mar 2011 10:35 AM PDT Computing major Dell Inc. (NASDAQ:DELL) is continuing on its deal winning spree. Recently, the company announced a two-year extension with The Massachusetts Health Connector Authority (Health Connector). Per the agreement, the technology major will provide solutions for a range of enrollment, billing, website and customer experience services. |
“Natural Disaster…means Business For International Companies” Posted: 14 Mar 2011 10:30 AM PDT 03/14/11 Seaport Securities’ Jason Weisberg weighs in on fundamentals and technicals affecting the broader … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Bullish Call On Lubrizol Ahead Of Deal Drives Big Payday Posted: 14 Mar 2011 10:29 AM PDT Bullish call on Lubrizol ahead of deal drives big payday |
Forex Trading: GBPUSD 200 Hour MA = 100 Bar MA On 4 Hour Chart Posted: 14 Mar 2011 10:23 AM PDT A customer of FXDD has sent me an email and pointed out that the 200 hour MA is currently equal to the 100 bar MA on the 4 hour chart. When you have two levels that the market follow, there is a good reason to trade against the level. Since the GBPUSD has had a pretty healthy … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
London Ready To Launch 2012 Olympics Ticket Sales Posted: 14 Mar 2011 05:00 AM PDT 03/14/11 Tuesday marks the 500-day countdown until the 2012 Olympics in London and it also marks the beginning of open applications for event … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – EUR/USD Up At The End Of European Session Posted: 14 Mar 2011 10:00 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Monday. EUR/USD was trading at 1.3988, up 0.62% at time of writing. The pair was likely to find support at 1.3753, Friday's low, and resistance at 1.3997, today's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.07% to hit 0.8652 and EUR/JPY rising 0.40% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Silver To Confirm Bullish Continuation; Swing Projection Targets 39.00 Posted: 14 Mar 2011 09:55 AM PDT Weekly Gold and Silver Updates (3/11) - Silver has been in a correction since hitting 36.70 a 31-year high. This correction could be over, as the market is now accelerating back towards this 36.70 high. |
Bonds Jump On Follow-through Selling For Stocks Posted: 14 Mar 2011 09:31 AM PDT Treasury prices have extended gains on Monday as investors look at the bigger picture outlook for the global economy in light of escalating fatalities in Japan and the possibility of meltdown following explosions at nuclear plants. Yield curves are steepening as buyers head for the short end driving prices sharply higher at two-and five-year maturities. Dealers now expect that central banks will be slower to restrict policy following a bout of economic recovery at a time when disaster is likely … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Latvia Central Bank Holds Policy Rate At 3.50% Posted: 14 Mar 2011 09:28 AM PDT Latvia’s Central Bank, Latvijas Banka, held its main monetary policy rate unchanged at 3.50%, and made no alterations to its reserve requirements. The Bank cited low inflationary pressures, and noted that 12-month average inflation was -1.1% in 2010, but “annual inflation in December, however, rose to +2.5%, primarily because of the low base effect and global developments in the food and energy resource markets”. The Bank also commented that it expects the 12-month average inflation for 2011 to … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Gold Should Be Resuming Its Uptrend Posted: 14 Mar 2011 09:27 AM PDT Weekly Gold and Silver Updates (3/11) - Gold has been consolidating, but it ended last week supported above the 1400 area, resuming the uptrend after a 78.6% retracement seen in the 4H chart. |
Daylight Saving Time Costs $2 Billion Per Year Posted: 14 Mar 2011 09:19 AM PDT In 2008, economist William F. Shughart did a back-of-the-envelope calculation and estimated that the opportunity cost of daylight savings time was $1.7 billion per year: “Although it is unclear what benefit Americans derive from adjusting their timepieces twice a year, the costs they bear are clear. As the Benjamin Franklin adage goes: Time is money, and time spent resetting clocks and watches is time that cannot be devoted to other, more valuable uses. Switching between daylight saving … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Building Tacit Knowledge With On-the-Ground Experience Posted: 13 Mar 2011 10:00 PM PDT Global markets present tremendous opportunities to those who are able to sort out what's meaningful from the background noise. It also means asking the right questions, fine-tuning our investment processes to uncover market mispricing and other inefficiencies and moving quickly to capitalize on them. It also means going where others don't. |
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