DailyMarkets.com - Gold Karats & Diamond Carats; Ounces & Troy Ounces: What’s The Difference?

---

• Gold Karats & Diamond Carats; Ounces & Troy Ounces: What’s The Difference?
• Update: Gold’s Daily Cycle — Today’s Trades
• Hot Stock Movers To Watch On Thursday
• Energy Transfer’s Latest JV
• Quest Diagnostics To Raise Funds
• Leap Teams With LightSquared
• Good News For BMY Pipeline
• Produce Prices Expected To Decline
• Why Governor LePage Can’t Erase History, And Why We Need A Fighter In The White House
• LabCorp Stays Neutral
• The Day Ahead: EU Summit, US Durable Goods, Jobless Claims, Earnings – Best Buy, ConAgra, Oracle, RIM
• Lockheed Marks Key Milestone
• Anadarko To Fully Own BP’s Plant
• Register Early To Attend The Dallas Traders Expo In June
• ACXM & Clearwave In Healthcare
• Petrobras GoM Floater OK’d
• Carrier Sells Bus A/C Biz
• Alliant Gets $32.5M Contract
• Quest Promotes Care360 EHR
• Positive EU Opinion For Teva Pill
• FirstEnergy Remains Neutral
• Despite Recent “He-Covery,” It’s Still A Mancession
• Closing Bell Market Monitor: BAC, JBL, SIRI, ADBE
• Genworth Prices Senior Notes
• Varian’s TrueBeam At ChinaMed
• Suncor-Total Alliance Finalized
• Boeing To Upgrade UAL Fleet
• If You Build It They Will Come
• JLL Expands With Keystone
• J.B. Hunt In Neutral Lane
• Forex – EUR/USD Down At The End Of U.S. Session
• America Movil Widens Coverage
• Forex – USD/JPY Down Toward The End Of U.S. Session
• AutoDesk Unveils New Design Suite
• IBM To Acquire TRIRIGA
• Earnings Preview: Wet Seal
• Duke Energy Playing It Smart
• Enterprise’s Eagle Ford Venture
• Forex – EUR/USD Down Toward The End Of U.S. Session
• U.S. Markets Close Higher; Dow Jones Up 0.56%
• Markets In Everything: Merchandise Taxis
• Cephalon To Acquire Gemin X
• Jabil Beats, Shares Soar
• Boeing Receives Tanker Contract
• Earnings Scorecard: Symantec
• Motorola Upgrades Service
• Endo Pharma Initiated At Neutral
• HON’s Technology Expands In China
• Gold Cup And Handle Breakout
• Forex – GBP/USD Down During The U.S. Session
• Cintas Beats, Raises Outlook
• Computer Sciences Refis Debt
• Setback For Nokia-Siemens?
• 03/23 FX Options Report
• Forex – USD/CAD Down In U.S. Trade
• Stock Market Summary For Wednesday, March 23, 2011 Special Alert CCJ
• Forex – EUR/USD Down In U.S. Trading Hours
• “Mixed Today…dark Cloud Over Everything”
• Budget 2011: What Are The Implications For Investors?
• Debunking Gaddafi’s Gold

Gold Karats & Diamond Carats; Ounces & Troy Ounces: What’s The Difference? Posted: 23 Mar 2011 05:45 PM PDT You have no doubt read countless articles on the price of gold costing "x dollars per ounce", own a gold ring or some other piece of gold jewellery and/or wear or have bought/plan to buy a diamond ring but do you really understand what exactly what you are buying? What's the difference between 1 troy ounce of gold and 1 (regular) ounce? What's the difference between 18 and 10 karat gold? What's the difference between a .75 and a 1.0 carat diamond? Let me … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Update: Gold’s Daily Cycle — Today’s Trades Posted: 23 Mar 2011 04:48 PM PDT This is a daily chart of the continuous contract of gold (/GC).  I have identified the first day of the previous daily cycle (Day 1) and the top of that cycle (Day 25).  Also, the current daily cycle began last week and today was just Day 6. Click on the chart to ENLARGE We should expect gold and silver to continue much higher after today as both are still very early in the daily cycle.  Nothing goes straight up forever, of course, but you should notice that the previous … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hot Stock Movers To Watch On Thursday Posted: 23 Mar 2011 04:04 PM PDT   ( click to enlarge )  Baidu.com, Inc. (NASDAQ:BIDU) is breaking out. The stock broke through the highs set in February and should continue to move. I’m a buyer of BIDU once it breaks through today's high of $133.97 for the continuation move. The stock will move very quickly, so watch it closely on Thursday.   ( click to enlarge ) LSI Corporation (NYSE:LSI) broke through resistance at $6.82 accompanied with high volume. We should be able to see some decent upside movement for the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Energy Transfer’s Latest JV Posted: 23 Mar 2011 03:55 PM PDT Energy Transfer Partners, L.P. (NYSE:ETP) announced that it has partnered with Regency Energy Partners LP (NASDAQ:RGNC) to acquire LDH Energy Asset Holdings LLC ("LDH") from Louis Dreyfus Highbridge Energy LLC (Louis Dreyfus). The total purchase consideration has been settled at $1.925 billion. Energy Transfer Partners will hold operatorship with a 70% interest in the joint venture against a contribution of $1.35 billion. Regency, on the other hand, will invest $578 million for the remaining 30% … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Quest Diagnostics To Raise Funds Posted: 23 Mar 2011 03:55 PM PDT Recently, Quest Diagnostics (NYSE:DGX) offered senior notes worth $1.25 billion in four parts. Proceeds of the issue will be used to fund the proposed acquisition of Athena Diagnostics, and to repay debt under its senior unsecured revolving credit facility and secured receivables credit facility. Quest Diagnostics has undertaken several acquisitions in the recent past with a focus on esoteric testing. In February 2011, Quest decided to acquire Athena Diagnostics from Thermo Fisher Scientific … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Leap Teams With LightSquared Posted: 23 Mar 2011 03:55 PM PDT Leap Wireless International Inc. (NASDAQ:LEAP) has teamed up with LightSquared to provide roaming service across Leap Wireless LTE 4G networks. Leap Wireless is expected to roll out its LTE 4G services within a few years. Leap Wireless provides digital wireless communication services in the U.S., under the "Cricket" brand primarily through its wholly-owned subsidiary, Cricket Communications Inc. It remains as one of the low-cost wireless service providers in the U.S. The company serves the urban … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Good News For BMY Pipeline Posted: 23 Mar 2011 03:55 PM PDT Recently, Bristol-Myers Squibb Company (NYSE:BMY) announced that its cancer candidate, ipilimumab, fared well in a late-stage study. Results from the study (024) revealed that patients treated with a combination of ipilimumab and chemotherapy achieved an improvement in overall survival compared to those treated solely with chemotherapy. The study evaluated the candidate as a first-line therapy for treating advanced skin-cancer patients. Bristol-Myers intends to present detailed results from the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Produce Prices Expected To Decline Posted: 23 Mar 2011 03:55 PM PDT 03/23/11 Vegetable prices in the US are expected to come off recent highs. Prices soared to the highest in February, due to inflation and deep freezes in North … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Why Governor LePage Can’t Erase History, And Why We Need A Fighter In The White House Posted: 23 Mar 2011 03:36 PM PDT Maine Governor Paul LePage has ordered state workers to remove from the state labor department a 36-foot mural depicting the state's labor history. Among other things the mural illustrates the 1937 shoe mill strike in Auburn and Lewiston. It also features the iconic "Rosie the Riveter," who in real life worked at the Bath Iron Works. One panel shows my predecessor at the U.S. Department of Labor, Frances Perkins, who was buried in Newcastle, Maine. The LePage Administration is also … [visit site to read more] or compare Best Credit Cards and Best CD Rates

LabCorp Stays Neutral Posted: 23 Mar 2011 03:35 PM PDT Recently, we reiterated our Neutral recommendation on Laboratory Corporation of America Holdings (NYSE:LH) with a target price of $92.00. During the fourth quarter of 2010, revenue increased 11.2% to reach $1,295.4 million compared to the year-ago quarter, of which 3% came from the acquisition of Genzyme Genetics. Both testing volume (measured by requisitions) and revenue per requisition increased 3.6% and 7.3%, respectively. The growth in revenue per requisition is attributable to acquisitions, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Day Ahead: EU Summit, US Durable Goods, Jobless Claims, Earnings – Best Buy, ConAgra, Oracle, RIM Posted: 23 Mar 2011 10:20 AM PDT 03/23/11 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

Lockheed Marks Key Milestone Posted: 23 Mar 2011 03:10 PM PDT Lockheed Martin Corporation (NYSE:LMT) recently announced that it has delivered its 8000th AN/UYQ-70 combat console suite. This is indeed a landmark achievement as this suite is currently installed on 90% of the U.S. Navy’s commissioned ships. The Q-70 console suite will be installed on the USS Minnesota (SSN 783) Virginia-class submarine to upgrade combat control and navigation systems. The system is a command workstation that permits operators to display combat control and navigation decision … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Anadarko To Fully Own BP’s Plant Posted: 23 Mar 2011 03:10 PM PDT Anadarko Petroleum Corporation (NYSE:APC) said it is going to buy a 93% stake in the Wattenberg Processing Plant (Wattenberg Plant) from BP America Production Company, a subsidiary of BP Plc (NYSE:BP). Anadarko will pay about $575.5 million for the interest in the BP plant. Anadarko expects the transaction to close by mid-year, pending regulatory approvals and other contractual conditions. The Wattenberg Plant is a natural gas and liquids processing plant located in Adams County in northeast … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Register Early To Attend The Dallas Traders Expo In June Posted: 23 Mar 2011 03:09 PM PDT It'll be here before we know it! The International Traders Expo is expanding its summer meeting in June to a new city this year -  Dallas, TX – and there's no time like the present to register early for the next big Expo event. The Expo will take place from Wednesday June 15th to Saturday 18th and will be held at the Hyatt Regency Dallas. I'm excited about this new city for the Expo and hope you'll be able to join us all there! I'll be again joining a large list of speakers who … [visit site to read more] or compare Best Credit Cards and Best CD Rates

ACXM & Clearwave In Healthcare Posted: 23 Mar 2011 03:05 PM PDT Acxiom Corporation (NASDAQ:ACXM) recently entered into an agreement with Clearwave Corporation, a premier network provider in Patient Information Exchange to power Clearwave's new Patient Recognition for healthcare providers. Clearwave's Patient Recognition solution manages, updates and cleans data across systems and providers by identifying duplicate patient records and sustaining patient data quality in real-time or in on-demand mode. Acxiom will provide its patented AbiliTec help in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Petrobras GoM Floater OK’d Posted: 23 Mar 2011 03:05 PM PDT Brazil’s state-run energy giant Petroleo Brasileiro S.A. (NYSE:PBR), or Petrobras S.A., has got the green light for the use of a floating production storage and offloading ("FPSO") vessel in the Gulf of Mexico ("GoM") to extract oil and gas from its deepwater Chinook-Cascade project. The approval by the U.S. Bureau of Ocean Energy Management, Regulation and Enforcement – the first for such a technology in the region – is being hailed as a precursor to the successful exploitation of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Carrier Sells Bus A/C Biz Posted: 23 Mar 2011 03:05 PM PDT Carrier Corporation, a United Technology Corporation (NYSE:UTX) company, has initiated the sale of its bus air-conditioning business in the United States and Canada to Mobile Climate Control, a subsidiary of Ratos AB, a Sweden-based financial investment company. Carrier’s North American bus air-conditioning business had revenues of $60 million in 2010 with 50 employees. It serves transit, inter-city and school bus customers in the U.S. and Canada with rooftop, rear-mount and split systems. United … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Alliant Gets $32.5M Contract Posted: 23 Mar 2011 03:05 PM PDT Alliant Techsystems Inc. (NYSE:ATK) said one of its subsidiaries has been awarded a $32.5 million modification contract for a previously awarded military contract. The contract was awarded by the U.S. Department of Defense. The modification contract received by the company's Integrated Systems Division in Clearwater entails exercising an option for up to 1,700 replaceable assemblies for certain missile warning systems weapons. These systems will be installed on U.S. Navy, Marine Corps, Air Force … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Quest Promotes Care360 EHR Posted: 23 Mar 2011 03:05 PM PDT In order to promote its electronic health record (EHR) solution, leading provider of commercial laboratory services Quest Diagnostics (NYSE:DGX) is actively taking part in a live Road Test tour where it will showcase its Care360 EHR solution. This 12-week, 10-city tour will exhibit the clinical as well as financial effectiveness of Care360 to healthcare providers, who can avail of government incentives worth $39 billion. A tour bus with learning equipment will provide this interactive … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Positive EU Opinion For Teva Pill Posted: 23 Mar 2011 03:05 PM PDT Teva Pharmaceutical Industries Ltd. (NASDAQ:TEVA) and Merck (NYSE:MRK) recently received a positive opinion from the European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP) for their oral contraceptive pill, NOMAC-E2. NOMAC-E2 (nomegestrol acetate/17 beta estradiol combination) became a part of Teva's portfolio through its January 2011 acquisition of Theramex, a Europe-based women's health business with a presence in several countries. Once approved, Teva will … [visit site to read more] or compare Best Credit Cards and Best CD Rates

FirstEnergy Remains Neutral Posted: 23 Mar 2011 03:05 PM PDT We are retaining our neutral stance on FirstEnergy Corporation (NYSE:FE) due to the uncertainty in the regulatory environment, fluctuation of commodity prices and potential customer migration in Ohio. Counting among the positives, the FirstEnergy and Allegheny Energy merger has created one of the largest energy companies with 10 regulated electric distribution companies operating in 7 states. The strong performance of its generation fleet, a robust balance sheet, share repurchases, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Despite Recent “He-Covery,” It’s Still A Mancession Posted: 23 Mar 2011 02:40 PM PDT Diane Sawyer in the ABC report above: “There’s a new chapter in this very serious battle of the sexes. In this fragile recovery the race is on for jobs and it’s all heating up, and one gender is not just winning, it’s overwhelming.”  The report then goes on to highlight the “he-covery” of men getting all of the new jobs being created during the recovery.   From January 2010 to February 2011, it’s true men have gained jobs and female employment has remained flat … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Closing Bell Market Monitor: BAC, JBL, SIRI, ADBE Posted: 23 Mar 2011 02:30 PM PDT 03/23/11 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

Genworth Prices Senior Notes Posted: 23 Mar 2011 02:25 PM PDT Genworth Financial Inc. (NYSE:GNW) priced $400 million of 7.625% senior notes, with maturity after 10.5 years. Genworth intends to deploy the net proceeds for general corporate purposes. Genworth ended 2010 with a total debt balance of $4.95 billion, compared $4.57 billion at the end of 2009, reflecting an increase of 8%. The debt-to-capital ratio was 26% at 2010 end, a 100 basis-point year over year reduction. However, with the issuance of $400 million of debt, debt-to-capital ratio will increase … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Varian’s TrueBeam At ChinaMed Posted: 23 Mar 2011 02:25 PM PDT Leading integrated radiotherapy systems maker Varian Medical Systems (NYSE:VAR) will be exhibiting its TrueBeam therapy system at the International Medical Instruments and Equipment Exhibition in China ("ChinaMed"), slated to be held in Beijing from March 25-27, 2011. ChinaMed is a major medical instruments and equipment trade show in China. It will mark the California-based company's first demonstration of the TrueBeam system in China. Varian plans to officially unveil TrueBeam in China at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Suncor-Total Alliance Finalized Posted: 23 Mar 2011 02:25 PM PDT Suncor Energy (SU), Canada's premier integrated energy company, confirmed its strategic alliance with Total E&P Canada Ltd., a wholly owned subsidiary of TOTAL S.A. (TOT), following the completion of all regulatory conditions and approvals. The announcement of the venture was first made in mid-December 2010. The two companies will work jointly for the development of the Fort Hills mining project and Voyageur upgrader project, both operated by Suncor, as well as the TOTAL-operated … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Boeing To Upgrade UAL Fleet Posted: 23 Mar 2011 02:25 PM PDT The Boeing Company (NYSE:BA) has entered into an agreement with United Continental Holdings Inc. (UAL) whereby BA will modify United Airlines’ 777 fleet with a Performance Improvement Package to perk up fuel efficiency and reduce emissions. Boeing (assuming $100 per barrel crude oil prices) estimates that installing the package on 52 planes in the 777 fleet will reduce fuel spending per airplane by about $0.2 million annually. The 777 Performance Improvement Package improves the airplane’s … [visit site to read more] or compare Best Credit Cards and Best CD Rates

If You Build It They Will Come Posted: 23 Mar 2011 02:05 PM PDT Ken Nagy, CFA If You Build it They Will Come Revenue and New Contracts at Two and Three Year Highs. On March 22, 2011 DATATRAK (DATA) announced results for the fourth quarter of fiscal year 2010 ending December 2010. Revenue increased to $2,014,851 compared to $1,464, 441 in the same period of 2009. Sequentially the firm's top-line improved by 10.9%. Gross profit margin improved to 85% compared to 73% for the three months ended December 30, 2009. The improvement in the Company's gross … [visit site to read more] or compare Best Credit Cards and Best CD Rates

JLL Expands With Keystone Posted: 23 Mar 2011 02:05 PM PDT Jones Lang LaSalle Incorporated (NYSE:JLL), a leading real estate investment trust (REIT), has recently merged its North Carolina operations with Keystone Partners, a premier integrated real estate services firm, to expand its business in the region. The strategic move is also aimed at providing its clients with a broader array of local service offerings, thereby enabling it to capture a greater pie of the total market share. Since its inception in 2001, Keystone is widely recognized as a leading … [visit site to read more] or compare Best Credit Cards and Best CD Rates

J.B. Hunt In Neutral Lane Posted: 23 Mar 2011 02:05 PM PDT We are maintaining our long-term ‘Neutral’ recommendation on J.B. Hunt Transport Services Inc. (NASDAQ:JBHT) with a Zacks #3 Rank (‘Hold’). We believe J.B. Hunt's continued strength in freight demand, strong balance sheet, improved rail service and network capabilities, continuous dividend disbursement and improving truckload fundamentals bode well for the company. Additionally, the company continues to gain market share from its Intermodal and Dedicated Contract Services (DCS) businesses. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down At The End Of U.S. Session Posted: 23 Mar 2011 01:55 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Wednesday after the release of U.S. data on New Home Sales. EUR/USD was trading at 1.4090, down 0.75% at time of writing. The pair was likely to find support at 1.3977, Thursday's low, and resistance at 1.4248, Tuesday's high. Earlier in the day, official data showed that new home sales in the U.S. fell unexpectedly to a seasonally adjusted annual rate of 250.00K last month from 301.00K in the preceding month whose figure was … [visit site to read more] or compare Best Credit Cards and Best CD Rates

America Movil Widens Coverage Posted: 23 Mar 2011 01:40 PM PDT Latin American telecom giant America Movil S.A.B. (NYSE:AMX) stated that it will add 3 million addition pay TV customers by the end of 2011, aided by the acquisition of Pay TV firm Net Servicos in January 2011. Given the acquisition of Net Servicos, the largest multi service cable company in Latin America, America Movil became the flagship pay-TV services company in the region. The company has 10 million Pay TV customers in Latin America, and the subscriber base is widening even more with … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Down Toward The End Of U.S. Session Posted: 23 Mar 2011 01:40 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Wednesday after the release of U.S. data on New Home Sales. USD/JPY was trading at 80.88, down 0.11% at time of writing. The pair was likely to find support at 79.16, Thursday's low, and resistance at 82.00, Thursday's high. Earlier in the day, official data showed that new home sales in the U.S. fell unexpectedly to a seasonally adjusted annual rate of 250.00K last month from 301.00K in the preceding month whose figure … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AutoDesk Unveils New Design Suite Posted: 23 Mar 2011 01:36 PM PDT Autodesk Inc. (NASDAQ:ADSK) recently launched its AutoCAD 2012 software products and Autodesk Design Suite 2012. The new products will add flexibility to the users of AutoCAD across various industries. The new products can also be accessed through AutoCAD WS web and mobile application. Currently, the AutoCAD WS mobile application is accessible through Apple Inc.'s (NASDAQ:AAPL) iOS devices iPad and iPhone. The users of AutoCAD software can employ Autodesk Design Suite 2012 to visualize and design new … [visit site to read more] or compare Best Credit Cards and Best CD Rates

IBM To Acquire TRIRIGA Posted: 23 Mar 2011 01:35 PM PDT IBM (NYSE:IBM) has entered into a definitive agreement to acquire TRIRIGA, a privately held facility and real estate management software solutions provider, for an undisclosed amount. The transaction will be completed in the second quarter of 2011, subject to regulatory approvals and customary closing conditions. TRIRIGA is set to be incorporated into IBM Trivoli software and IBM Global Services. Nevada-based TRIRIGA's software enables managers to optimize facility utilization, thus maximizing … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Preview: Wet Seal Posted: 23 Mar 2011 01:35 PM PDT Wet Seal Inc. (NASDAQ:WTSLA) is scheduled to report its fourth-quarter 2010 financial results on Thursday, March 24, 2011. Currently, the Zacks Consensus Estimate is 4 cents per share and revenue is expected to be $164 million for the quarter to be reported. Third-Quarter 2011, a Synopsis Wet Seal's adjusted earnings were down 25% in the third quarter 2011 to 3 cents a share compared with 4 cents in the year-ago period. The quarterly EPS was in line with the Zacks Consensus Estimate of 3 cents. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Duke Energy Playing It Smart Posted: 23 Mar 2011 01:35 PM PDT Duke Energy Corporation (NYSE:DUK) in a smart move announced plans to distribute 10 million free compact fluorescent light bulbs (CFLs) to it's customers in 2011. The move will have the twin advantage of energy savings along with emission reduction. Earlier in 2010 also Duke Energy distributed more than 10 million free CFLs to approximately one million residential customers. Per company estimates the low power consuming bulbs saved enough energy to power nearly 45,000 homes. Duke also estimated … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Enterprise’s Eagle Ford Venture Posted: 23 Mar 2011 01:35 PM PDT Enterprise Products Partners L.P. (NYSE:EPD) signed a long-term agreement with two producers in the South Texas Eagle Ford Shale to provide midstream services in the area. Under the 10-year agreement, the partnership will provide crude oil transportation as well as marketing services to the operators, who have committed to supply 50,000 barrels of crude oil on a daily basis through Enterprise's latest 140-mile, 24-inch diameter crude oil pipeline. However, the pipeline has the capacity of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down Toward The End Of U.S. Session Posted: 23 Mar 2011 01:25 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Wednesday. EUR/USD was trading at 1.4108, down 0.63% at time of writing. The pair was likely to find support at 1.3977, Thursday's low, and resistance at 1.4248, Tuesday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.12% to hit 0.8686 and EUR/JPY falling 0.76% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Markets Close Higher; Dow Jones Up 0.56% Posted: 23 Mar 2011 01:10 PM PDT Forex Pros – U.S. stocks were up after the closing bell on Wednesday. At the close of U.S. trade, the Dow Jones Industrial Average rose 0.56%, the S&P 500 index gained 0.29%, while the Nasdaq 100 index climbed 0.56%. Earlier in the day, official data showed that new home sales in the U.S. fell unexpectedly to a seasonally adjusted annual rate of 250.00K last month from 301.00K in the preceding month whose figure was revised up from 284.00K. Analysts had expected new home sales to rise to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Markets In Everything: Merchandise Taxis Posted: 23 Mar 2011 01:06 PM PDT The nation’s first “Store to Door” Merchandise Taxi: Taxis have been taking people from place to place for decades. Get It Home Merchandise Taxi is a curb side pick up and drop off service. Initially conceptualized to assist customers who make retail purchases they want to get home right away and cannot fit into their car. The MERCHANDISE TAXI’s versatility has grown to suit its customer’s imagination! HT: Matt … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Cephalon To Acquire Gemin X Posted: 23 Mar 2011 12:55 PM PDT Cephalon, Inc. (NASDAQ:CEPH) continues to look towards in-licensing deals and acquisitions to boost its pipeline. The company recently entered into a definitive merger agreement with privately-held biopharma company, Gemin X Pharmaceuticals, Inc., whereby Cephalon will acquire Gemin X for $225 million cash. In addition to $225 million, Cephalon could pay up to $300 million on the achievement of regulatory and sales milestones. Cephalon is looking to strengthen its oncology pipeline with the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Jabil Beats, Shares Soar Posted: 23 Mar 2011 12:55 PM PDT Shares of electronic parts manufacturer, Jabil Circuit Inc. (JBL) surged $1.93 (10.20%) to $20.86 in after-hours trading, following the release of the company's second quarter 2011 results. Earnings Jabil reported pro forma earnings of 45 cents per share, beating the Zacks Consensus Estimate by a penny. Pro forma earnings include stock-based compensation expenses but exclude one-time charges of 20 cents.  Earnings (excluding stock-based compensation and one-time charges) were 54 cents … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Boeing Receives Tanker Contract Posted: 23 Mar 2011 12:55 PM PDT Aerospace and defense giant, The Boeing Company (NYSE:BA) received a fixed price contract from the U.S. Air Force valued at approximately $3.5 billion. Boeing will design, develop, manufacture and deliver 18 combat-ready tankers by 2017. Over the long run the contract to build the next-generation aerial refueling tanker aircraft could be worth more than $30 billion that will replace 179 of the existing 400 KC-135 tankers of the U.S. Air Force. Boeing's tanker termed KC-46A is based on the Boeing … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Scorecard: Symantec Posted: 23 Mar 2011 12:55 PM PDT Since Symantec Corporation (NASDAQ:SYMC) reported third quarter fiscal 2011 results on February 25, there have been minimal estimate revisions by the analysts covering the stock. Third Quarter Highlights Symantec Corporation reported third quarter earnings per share (EPS) of 17 cents, falling well below the Zacks Consensus Estimate of 30 cents. This was also well below the EPS of 37 cents recorded in third quarter fiscal 2010. The company reported GAAP revenue of $1.604 billion, up 4% from $1.548 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Motorola Upgrades Service Posted: 23 Mar 2011 12:55 PM PDT A leading mobile phone manufacturer, Motorola Mobility Holdings, Inc. (MMI) plans to enter into a joint venture with Polycom, Inc. (NASDAQ:PLCM) in order to provide high definition (HD) video conference solutions on MOTOROLA XOOM tablets. The venture will kick off in the middle of the year. One of the essential features of Motorola's XOOM tablet is the video communication service. This service facilitates communication between different users located in different places. Such service will mainly … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Endo Pharma Initiated At Neutral Posted: 23 Mar 2011 12:55 PM PDT We are initiating coverage on Endo Pharmaceuticals (NASDAQ:ENDP) with a Neutral recommendation and a target price of $37.00. Headquartered in Chadds Ford, Pennsylvania and founded in 1997, Endo Pharma is a specialty healthcare solutions company. The company, which operates in the US, reports results through three segments: Branded Pharmaceuticals, Generics and Devices and Services. The three segments contributed 86%, 9% and 5%, respectively, to total revenues of $1.72 billion reported in 2010. Endo … [visit site to read more] or compare Best Credit Cards and Best CD Rates

HON’s Technology Expands In China Posted: 23 Mar 2011 12:55 PM PDT UOP LLC, a wholly-owned subsidiary of Honeywell International Inc. (NYSE:HON), has been selected by Great Orient Chemical Pte. Ltd. to provide technology for a new petrochemicals complex in China. Great Orient is a joint venture between Indonesian Salim Group and Korean ISU Chemicals, which aims to expand the detergent business in China. With the help of the technology, Great Orient will produce an important ingredient for biodegradable household laundry detergents. At its upcoming complex, Great … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Gold Cup And Handle Breakout Posted: 23 Mar 2011 12:46 PM PDT It's very difficult for a trader to stick to a plan and not let news events dictate decisions. But every once in awhile there are news items that come along and attempt to trip investors up, forcing some to take their eye off the big picture. Many of us understand the long-term potential of precious metals and commodities, but the emotions — either unbridled enthusiasm or gloom and doom — of the herd often affect our decisions negatively at short-term turning points. This past week the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Down During The U.S. Session Posted: 23 Mar 2011 12:45 PM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Wednesday. GBP/USD was trading at 1.6254, down 0.68% at time of writing. The pair was likely to find support at 1.6055, Thursday's low, and resistance at 1.6402, Tuesday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.18% to hit 0.8692 and GBP/JPY falling 0.75% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Cintas Beats, Raises Outlook Posted: 23 Mar 2011 12:35 PM PDT Cintas Corporation (NASDAQ:CTAS) delivered third quarter EPS of 41 cents surpassing the Zacks Consensus Estimate of 36 cents and 32 cents  reported during the prior-year quarter. Cintas' total revenue increased 8.8% to $937.8 million in the reported quarter, outperforming the Zacks Consensus Estimate of $909 million and $861.8 million in the year-earlier quarter. The improvement in revenue can be attributed to continued momentum in sales productivity and customer retention. Costs and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Computer Sciences Refis Debt Posted: 23 Mar 2011 12:35 PM PDT Virginia-based Computer Sciences Corp. (NYSE:CSC) recently entered into an agreement with Citibank N.A. (NYSE:C) and some other lenders for an unsecured revolving credit facility of $1.5 billion. The new debt will replace an existing facility of a similar amount. The debt was scheduled to mature in July 2012. Citibank is acting as an administrative agent for the purpose, along with certain other lenders. The new facility will enable Computer Sciences to increase fund availability and finance its … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Setback For Nokia-Siemens? Posted: 23 Mar 2011 12:10 PM PDT The proposed merger of AT&T (NYSE:T) and T-Mobile USA may become a huge setback for Nokia Siemens Networks (NSN), a 50-50 joint venture between Nokia Corp. (NYSE:NOK) and Siemens AG (NYSE:SI). A merger between the second and the fourth largest telecom operators in the U.S. will certainly affect the overall telecom equipment manufacturing industry. However, Nokia Siemens Network is likely to suffer the most. North American market always remains the weakest spot for NSN. This was primarily … [visit site to read more] or compare Best Credit Cards and Best CD Rates

03/23 FX Options Report Posted: 23 Mar 2011 12:10 PM PDT The USD traded higher vs. the EUR, amidst ongoing euro-zone sovereign debt concerns. The CHF pared back from earlier … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Down In U.S. Trade Posted: 23 Mar 2011 12:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Wednesday. USD/CAD was trading at 0.9805, down 0.05% at time of writing. The pair was likely to find support at 0.9747, Tuesday's low, and resistance at 0.9867, Thursday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.53% to hit 1.4122 and GBP/USD falling 0.72% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market Summary For Wednesday, March 23, 2011 Special Alert CCJ Posted: 23 Mar 2011 12:03 PM PDT We are going to add intra-day to our watch list a position in Cameco Corp. (symbol: CCJ) at the current intra-day price of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down In U.S. Trading Hours Posted: 23 Mar 2011 11:45 AM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Wednesday after the release of U.S. data on New Home Sales. EUR/USD was trading at 1.4120, down 0.54% at time of writing. The pair was likely to find support at 1.3977, Thursday's low, and resistance at 1.4248, Tuesday's high. Earlier in the day, official data showed that new home sales in the U.S. fell unexpectedly to a seasonally adjusted annual rate of 250.00K last month from 301.00K in the preceding month whose figure was … [visit site to read more] or compare Best Credit Cards and Best CD Rates

“Mixed Today…dark Cloud Over Everything” Posted: 23 Mar 2011 06:29 AM PDT 03/23/11 HudsonView Capital Management’s Cort Gwon weighs in on geopolitical risk and the latest corporate buyout … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Budget 2011: What Are The Implications For Investors? Posted: 23 Mar 2011 07:20 AM PDT We were over at the Reuters live Budget Blog earlier discussing this year’s budget. In summary, it was a fiscally neutral budget, reflecting the spending constraints that the Government is under. In terms of OBR forecasts, 2011 growth has been downgraded from 2.1% to 1.7%, while inflation is expected between 4% and 5% in 2011, falling to 2.5% in 2012.  It definitely had a strong pro-Business flavour. The big news was the cut in corporate tax, with the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Debunking Gaddafi’s Gold Posted: 22 Mar 2011 10:00 PM PDT A Financial Times story caused a stir yesterday by discussing the large amount of gold reserves Libya has stashed away. According to official records, Libya holds 143.8 tonnes of gold reserves, placing it 24th in the world. The notion that this gold is being used to finance Gaddafi's war is a faulty one. While 143.8 tons sounds like a lot, it is merely 6 percent of the country's total foreign currency reserves. The U.S. has nearly 74 percent of its reserves in gold and no one is suggesting … [visit site to read more] or compare Best Credit Cards and Best CD Rates

You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610