DailyMarkets.com - Monster’s Vigorous Job Search |
- Monster’s Vigorous Job Search
- Sempra Energy Updates Outlook
- Sallie Mae Upgraded To Outperform
- Boston Offers Omega Stent In UK
- Liberty Global Upped To Neutral
- Just When We Thought Housing Couldn’t Get Worse
- Red Hat Beats On Strong Top Line
- Toyota To Cut U.S. Output
- Haemonetics Reaffirmed At Neutral
- BSD Medical To Feature MicroThermX
- Forex – AUD/USD Up In U.S. Trade
- BofA Deprived Of Dividend Hike
- Junk Status For Vulcan Materials
- Micron Outperforms
- Alere Announces $50M Buyback
- “The Wild Card…is Oil”
- European Markets Close Higher; Dax Up 1.90%
- Forex – NZD/USD Up During The U.S. Session
- Earnings Preview: Oracle
- New Home Sales Lowest In The U.S.
- Shell To Start Qatar GTL Plant
- GameStop Reports In Line
- SUN Files IPO For SunCoke Spin-off
- CNOOC Profits, Yet Misses
- Marginal Beat For Paychex
- New Durable Goods Orders Weak
- Euro Receives A Boost On Rate Hike Speculation
- Forex – EUR/USD Up At The End Of European Session
- Earnings Preview: CIG
- Hasbro Upgraded
- Forex Trading: EURUSD Falls Then Rises. Fitch Downgrades Portugal.
- S&P Raises State Street’s Outlook
- Nat Gas, Nukes & Implications
- Czech National Bank Holds Rate At 0.75%
- Australian Dollar: Caution
- Canadian Dollar: Caution
- South African Central Bank Holds Rate At 5.50%
- Motorola To Purchase Dreampark
- Best Buy Tops Estimate
- Caterpillar Provides Rosy Outlook
- KB Home Offers Solar Power Systems
- Initial Jobless Claims Edge Down
- Forex – Dollar Broadly Lower After U.S. Durables Tumble, Euro Gains
- Forex – GBP/USD Trims Losses After Weak U.S. Durables Data
- Forex – EUR/USD Hits Daily High On Portugal Budget Assurances
- GILD’s Elvitegravir Meets Study Goal
- GD’s Canadian Biz Wins Contract
- Coors Takes Off For The Caribbean
- NextGen Collaborates With CalHIPSO
- Watson Launches Generic Famvir
- Berkshire Maintained At Outperform
- Dollar Doldrums
- Forex Trading: EURUSD Breaks Resistance And Races Higher
- Middle East Protests Keeps Crude Above $106
- Word From The Floor: Equities Shrug Off Global Events
- USD/CAD Breaks Below Diamond Top And Targets 0.9730, 0.9575
- NYC Taxi Medallions Approach $1 Million!!
- Forex Trading: AUDUSD Stays Supported But Has Tough Upside Resistance
- Forex – EUR/JPY Higher But Gains Limited On Portugal Concerns
- Silver Targets 38.70, 39.85
- Rising Costs Is A Minor Setback For ConAgra Foods
- Bonds Struggle To Prevent Losses As Risk Appetite Recovers
- Afren Boosts East Africa Presence With Acreage Acquisition In Tanzania
- Strategic Natural Resources Launches New Drilling Programme At Elitheni Coal Project
| Posted: 24 Mar 2011 12:05 PM PDT Monster Worldwide, Inc. (MWW), the parent company of Monster.com, recently released a new job search mobile application for the Android platform. The company already has applications for iPhone, iPad and iPod touch.
|
| Posted: 24 Mar 2011 12:05 PM PDT Power plant operator, Sempra Energy (NYSE:SRE) updated its financial outlook affirming its fiscal 2012 profit forecast above street expectations, and reaffirmed its fiscal 2011 outlook.
|
| Sallie Mae Upgraded To Outperform Posted: 24 Mar 2011 12:05 PM PDT We have upgraded our recommendation on SLM Corp. (NYSE:SLM), better known as Sallie Mae, to Outperform from Neutral. The decision is based on Sallie Mae's fourth quarter 2010 core earnings, which outpaced the Zacks Consensus Estimate, primarily attributable to the decrease in loan loss provisions and gains from repurchasing debt.
|
| Boston Offers Omega Stent In UK Posted: 24 Mar 2011 12:05 PM PDT Boston Scientific Corporation (NYSE:BSX) recently implanted its Omega Platinum Chromium Bare-Metal Coronary Stent System for the first time in UK. Earlier in March the company received the CE Mark approval for this third generation platinum chromium (PtCr) coronary stent system with greater radio capacity in treating patients with acute coronary artery disease.
|
| Liberty Global Upped To Neutral Posted: 24 Mar 2011 12:05 PM PDT We upgrade our recommendation on Liberty Global Inc. (NASDAQ:LBTYA) to Neutral following the company's decision to acquire the third largest cable operator in Germany, Kabel Baden. This will consolidate the company's foothold in the core European markets.
|
| Just When We Thought Housing Couldn’t Get Worse Posted: 24 Mar 2011 11:55 AM PDT The number of nails needed for the housing market's coffin box has yet to be finalized. Consider just some of these startling numbers and trends: The median price of a resale home in the U.S. fell 5.2% in February 2011 to $156,100 (the lowest level since April 2002) from $164,600 in February 2010, according to the National Association of Realtors. Some other interesting facts reported from the association: • Purchases of homes fell 9.6% in February to an annualized rate of 4.88 … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Red Hat Beats On Strong Top Line Posted: 24 Mar 2011 11:25 AM PDT A leading provider of open source solutions, Red Hat Inc. (NYSE:RHT) reported strong fourth quarter 2011 results. Earnings per share (EPS) of 18 cents (including stock-based compensation expenses but excluding amortization) exceeded the Zacks Consensus Estimate of 16 cents based on strong top-line growth. The strong results and better-than-expected guidance caused share prices to surge $4.23 (10.58%) to $44.20 in after-hours trading.
|
| Posted: 24 Mar 2011 11:25 AM PDT Toyota Motor Corp. (NYSE:TM) has decided to halt production at some of its plants in North America due to a shortage in supply of spare parts from its home country on the back of earthquake and tsunami on March 11 that killed about 10,000 people, broke down infrastructure and triggered a nuclear crisis.
|
| Haemonetics Reaffirmed At Neutral Posted: 24 Mar 2011 11:25 AM PDT Recently, we reaffirmed our 'Neutral' recommendation on Haemonetics (NYSE:HAE) with a target price of $67.00.
|
| BSD Medical To Feature MicroThermX Posted: 24 Mar 2011 11:25 AM PDT Cancer treatment systems maker BSD Medical Corp (NASDAQ:BSDM) will showcase its MicroThermX Microwave Ablation system for soft tissue ablation (destruction) at the annual scientific meeting of the Society of Interventional Radiology ("SIR"), scheduled to be held in Chicago between March 26-March 31, 2011.
|
| Forex – AUD/USD Up In U.S. Trade Posted: 24 Mar 2011 11:15 AM PDT Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Thursday. AUD/USD was trading at 1.0206, up 0.74% at time of writing. The pair was likely to find support at 0.9942, Monday's low, and resistance at 1.0222, today's high. Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.09% to hit 1.3894 and AUD/JPY rising 0.74% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| BofA Deprived Of Dividend Hike Posted: 24 Mar 2011 11:05 AM PDT Bank of America Corp’s (NYSE:BAC) plan to boost its dividend in the second half of 2011 was rejected by the Federal Reserve, as per a company filing on Wednesday. This comes as a rude shock to BofA, particularly after many big banks got the much-awaited green signal from Fed to hike dividends, following the release of stress test results last week.
|
| Junk Status For Vulcan Materials Posted: 24 Mar 2011 11:05 AM PDT Vulcan Materials Company (NYSE:VMC) has been downgraded to 'junk status' by Moody’s Investors Service, the credit rating agency of Moody's Corporation (NYSE:MCO), thus reflecting the agency's lack of confidence in the company's future performance.
|
| Posted: 24 Mar 2011 11:05 AM PDT Micron Technology Inc. (NYSE:MU) reported adjusted second quarter 2011 earning per share of 7 cents, beating the Zacks Consensus Estimate of 4 cents. Micron shares rose 42 cents, or 4.0%, to $11.03 in extended trading yesterday.
|
| Posted: 24 Mar 2011 11:05 AM PDT Alere Inc. (ALR), a medical products company focused on integrating rapid diagnostics with health management, reported that its Board has authorized share repurchases worth up to $50 million. This is in addition to $50 million worth of stock bought back by the Massachusetts-based company during the first quarter of 2011.
|
| Posted: 24 Mar 2011 11:00 AM PDT 03/24/11 Rosenblatt Securities’ Gordon Charlop discusses today’s advance on Wall Street, and the spike in oil … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| European Markets Close Higher; Dax Up 1.90% Posted: 24 Mar 2011 10:55 AM PDT Forex Pros – European stocks were up after the closing bell on Thursday. At the close of European trade, Germany's DAX rose 1.90%, London's FTSE 100 gained 1.47%, France's CAC 40 climbed 1.41% and the EURO STOXX 50 was up 1.52%. Earlier in the day, preliminary data showed that the euro zone's manufacturing PMI fell more-than-expected to 57.70 last month, from 59.00 in the preceding month. Analysts had expected the euro zone's manufacturing PMI to fall to 58.30 last … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex – NZD/USD Up During The U.S. Session Posted: 24 Mar 2011 10:45 AM PDT Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Thursday. NZD/USD was trading at 0.7498, up 1.24% at time of writing. The pair was likely to find support at 0.7293, Monday's low, and resistance at 0.7522, today's high. Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.51% to hit 1.3605 and EUR/NZD falling 0.56% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Posted: 24 Mar 2011 10:40 AM PDT Oracle Corp. (NASDAQ:ORCL) is scheduled to release its third quarter 2011 results on March 24, 2011, after the market closes.
|
| New Home Sales Lowest In The U.S. Posted: 24 Mar 2011 10:40 AM PDT New home sales in the U.S. in February have reached the lowest point in nearly last 50 years. New home sales in February fell for the second straight month, almost 17% year over year to a seasonally adjusted rate of 250,000 units.
|
| Shell To Start Qatar GTL Plant Posted: 24 Mar 2011 10:40 AM PDT Royal Dutch Shell plc (RDS.A) and Qatar Petroleum announced that their joint development, Pearl gas-to-liquids (GTL) plant received the first flow of offshore sour gas through a subsea pipeline. The facility is expected to be operational in the next couple of months.
|
| Posted: 24 Mar 2011 10:40 AM PDT GameStop Corporation (NYSE:GME), the video game and entertainment software retailer, recently posted fourth-quarter 2010 results. The quarterly earnings of $1.56 a share came in line with the Zacks Consensus Estimate and rose 20.9% from $1.29 earned in the prior-year quarter driven by digital offerings, power up rewards loyalty program and e-commerce inventiveness.
|
| SUN Files IPO For SunCoke Spin-off Posted: 24 Mar 2011 10:40 AM PDT Philadelphia, Pennsylvania-based Sunoco Inc. (SUN) announced the filling of the initial public offering (IPO) for shares of its subsidiary, SunCoke Energy Inc. (SunCoke) with the Securities and Exchange Commission. However, the number of shares on offer and the price range is yet to be decided.
|
| Posted: 24 Mar 2011 10:35 AM PDT China's dominant producer of offshore crude oil and natural gas, CNOOC Limited (NYSE:CEO) reported stellar 2010 results on the back of record production growth and high crude oil prices.
|
| Posted: 24 Mar 2011 10:35 AM PDT Paychex Inc. (NASDAQ:PAYX) reported third-quarter fiscal 2011 earnings of 36 cents per share, beating the Zacks Consensus Estimate by a penny. The quarter's results are indicative of an improving client retention rate and higher checks per client.
|
| Posted: 24 Mar 2011 10:35 AM PDT New Orders for Durable Goods fell 0.9% in January. That was far below the consensus expectations of an increase of 1.1%. As a partial silver lining, the January numbers were revised upwards. It was first reported as an increase of 3.2%, but now they say new orders rose 3.6%. Still, the miss this month is much bigger than the upward revision to last month. The part of the story was the extremely volatile Transportation Equipment side, and more specifically, from the Non-Defense Aircraft … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Euro Receives A Boost On Rate Hike Speculation Posted: 24 Mar 2011 10:15 AM PDT 03/24/11 The euro received a hefty boost this session against the US dollar as a meeting of EU leaders concerning debt management has lifted speculation of a possible interest rate hike in the near … [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: 24 Mar 2011 10:00 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Core Durable Goods Orders. EUR/USD was trading at 1.4172, up 0.60% at time of writing. The pair was likely to find support at 1.4054, today's low, and resistance at 1.4248, Tuesday's high. Earlier in the day, official data showed that U.S. core durable goods orders fell unexpectedly to a seasonally adjusted -0.60% last month from -3.00% in the preceding month whose figure was revised up … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Posted: 24 Mar 2011 09:55 AM PDT Companhia Energetica de Minas Gerais (NYSE:CIG), also known as CEMIG, is slated to release its fourth quarter and fiscal year 2010 results on Monday, March 28. The current Zacks Consensus Estimate for the fourth quarter is 32 cents, representing an annualized decline of 11.11%.
|
| Posted: 24 Mar 2011 09:55 AM PDT We recently upgraded our rating for Hasbro Inc. (NYSE:HAS) from Underperform to Neutral, primarily due to product diversification and meaningful joint ventures.
|
| Forex Trading: EURUSD Falls Then Rises. Fitch Downgrades Portugal. Posted: 24 Mar 2011 09:35 AM PDT EURUSD goes down and EURUSD goes higher. The downgrade is not surprising. The yield on Portuguesse debt has increased from 6% since the beginnning of the year to 0ver 8% currently (5 year notes). Higher borrowing cost and … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| S&P Raises State Street’s Outlook Posted: 24 Mar 2011 09:35 AM PDT Standard & Poor’s (S&P) Ratings Services upgraded its outlook on State Street Corp. (NYSE:STT) to 'Stable' from 'Negative'. The rating agency is impressed by State Street's recent restructuring programs and sale of risky investment portfolios in its securities lending business.
|
| Posted: 24 Mar 2011 09:35 AM PDT Shale gas, and the huge increase in natural gas reserves brought about by the shale gas revolution, have many implications: 1. They make the energy needed to produce the higher-value crude and synthetic crude oil at the Canadian and Venezuelan heavy oil plants much more economical. Another concern, that those reserves would not be long lasting, is no longer present; these reserves are now over 100 years of North American consumption. Also, because Venezuela is effectively … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Czech National Bank Holds Rate At 0.75% Posted: 24 Mar 2011 09:35 AM PDT The Czech National Bank maintained its benchmark two-week repo rate unchanged at 0.75%, the Bank also held the discount rate unchanged at 0.25% and the Lombard rate at 1.75%. The bank cited rising commodity prices as presenting upside inflation risk, as well as the planned increases in VAT. Though the Bank also cautioned on downside inflation risks stemming from a weak domestic economy and strong Koruna. The Czech economy grew 2.6% y-o-y and 0.3% q-o-q in 2010 Q4, with the key drivers being … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Posted: 24 Mar 2011 09:19 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Posted: 24 Mar 2011 09:19 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| South African Central Bank Holds Rate At 5.50% Posted: 24 Mar 2011 09:18 AM PDT The South African Reserve Bank held its repo rate unchanged at 5.50% as inflation risks rose. The Bank noted “Since the previous meeting of the Monetary Policy Committee, the risks to the outlook for domestic inflation have increased on the upside, mainly as a result of cost push pressures,”. South Africa saw inflation of 3.7% in February this year, while the central bank is forecasting 4.7% inflation in 2011 and 5.7% in 2012 as commodity prices remain … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Motorola To Purchase Dreampark Posted: 24 Mar 2011 09:10 AM PDT A leading mobile phone manufacturer, Motorola Mobility Holdings, Inc. (MMI) plans to buy Swedish television software manufacturer, Dreampark. The deal is expected to be completed by the second half of 2011 and the terms of the deal have not been disclosed. Motorola Mobility expects to incorporate Dreampark into its Converged Experience business following the closure of the deal.
|
| Posted: 24 Mar 2011 09:05 AM PDT Best Buy Company, Inc. (NYSE:BBY), a leading specialty retailer of consumer electronic products, recently posted better-than-expected fourth-quarter 2011 results, sending shares up $1.15 or 3.6% to $33.00 in pre-market trading.
|
| Caterpillar Provides Rosy Outlook Posted: 24 Mar 2011 09:05 AM PDT Caterpillar Inc. (NYSE:CAT) reaffirmed its fiscal 2011 guidance and provided a very encouraging outlook for the coming year. According to the company, growth in the world's population will eventually lead to the company's expansion as demand for mining and construction equipment will naturally surge.
|
| KB Home Offers Solar Power Systems Posted: 24 Mar 2011 09:05 AM PDT KB Home (NYSE:KBH) recently announced the installation of solar power systems as a standard feature in 10 of its communities in the Southern California region. This is the first time the company intends to build solar power systems for every home in communities. Previously, the company had kept the solar power systems optional for its homebuyers in the chosen communities of California and Colorado.
|
| Initial Jobless Claims Edge Down Posted: 24 Mar 2011 09:05 AM PDT Initial Claims for Unemployment Insurance fell by 5,000 last week to 382,000 (last week was revised up by 2,000, so one could see it as a 3,000 decrease). This was a bit better than the expected level of 384,000. The trend in initial claims is downward, although there have been some bumps along the way. The weekly numbers, after an erratic few months, seem to have broken decisively to the downside. First the holidays and then the bad weather seemed to have played havoc with the weekly numbers, … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex – Dollar Broadly Lower After U.S. Durables Tumble, Euro Gains Posted: 24 Mar 2011 08:49 AM PDT Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Thursday, following a report showing U.S. durable goods orders tumbled in February while expectations for a near-term rate hike boosted the euro. During early U.S. trade, the greenback was down against the euro, with EUR/USD surging 0.75% to hit 1.4191. Earlier in the day, Portugal's opposition leader assured European Union leaders that he was committed to the country's budget goals. But the greenback was … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex – GBP/USD Trims Losses After Weak U.S. Durables Data Posted: 24 Mar 2011 08:37 AM PDT Forex Pros – The pound trimmed losses against the U.S. dollar on Thursday, following a report showing that U.S. durable goods orders tumbled in February, a worse-than-expected result and the third fall in the past four months. GBP/USD clawed back up from 1.6138, the pair's lowest since last Friday, to hit 1.6187 during early U.S. trade, shedding 0.28%. Cable was likely to find support at 1.6059, the low of March 18 and resistance at 1.6384, Wednesday's high. The Commerce Department … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex – EUR/USD Hits Daily High On Portugal Budget Assurances Posted: 24 Mar 2011 08:27 AM PDT Forex Pros – The euro extended gains against the U.S. dollar on Thursday, hitting a daily high after Portugal's opposition leader assured European Union leaders that he was committed to the country's budget goals. EUR/USD hit 1.4212 during early U.S. trade, the daily high; the pair subsequently consolidated at 1.4198, surging 0.79%. The pair was likely to find support at 1.3979, the low of March 18 and resistance at 1.4247, Tuesday's high and a four-and-a-half-month high. The … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| GILD’s Elvitegravir Meets Study Goal Posted: 24 Mar 2011 08:26 AM PDT Gilead Sciences Inc. (NASDAQ:GILD) recently announced that its key HIV pipeline candidate elvitegravir met the primary endpoint in a late-stage trial (145 study). Elvitegravir is an oral integrase inhibitor, which is being evaluated in treatment-experienced HIV-1 patients.
|
| GD’s Canadian Biz Wins Contract Posted: 24 Mar 2011 08:25 AM PDT General Dynamics Land Systems-Canada, a business unit of General Dynamics Corporation (NYSE:GD), has received a $41.4 million contract for the delivery of three modified orders from the U.S. Marine Corps Systems Command. The contracts were signed through the Canadian Commercial Corporation, which is a Crown Agency of the Canadian Government.
|
| Coors Takes Off For The Caribbean Posted: 24 Mar 2011 08:25 AM PDT Molson Coors Brewing Company (NYSE:TAP), the North American brewing giant, has expanded the availability of Coors Light in the Dominican Republic. The premium light beer will be available in cans and bottles and retailers will carry them to the supermarkets, convenience stores, as well as bars and casual dining restaurants throughout the Dominican Republic. Light beer constitutes more than half of the country's overall beer volume.
|
| NextGen Collaborates With CalHIPSO Posted: 24 Mar 2011 08:24 AM PDT Quality Systems' (NASDAQ:QSII) wholly-owned subsidiary NextGen Healthcare has collaborated with California Health Information Partnership and Services Organizations ("CalHIPSO"), a nonprofit organization that offers programs and services to help medical providers adopt electronic health record ("EHR") systems.
|
| Watson Launches Generic Famvir Posted: 24 Mar 2011 08:23 AM PDT Watson Pharmaceuticals Inc. (NYSE:WPI) recently announced the generic launch of Novartis AG's (NYSE:NVS) Famvir, following the approval of its Abbreviated New Drug Application (ANDA) by the US Food and Drug Administration (FDA). Watson Pharma has approval for the 125 mg, 250 mg and 500 mg dosage strengths of the drug.
|
| Berkshire Maintained At Outperform Posted: 24 Mar 2011 08:23 AM PDT We are maintaining our Outperform rating on the shares of Berkshire Hathaway Inc. (BRK.A)/(BRK.B) following the release of fourth quarter 2010 results. Berkshire's economically sensitive non-insurance businesses – utilities & energy, manufacturing, service and retail have posted impressive results led by the gradual economic recovery.
|
| Posted: 24 Mar 2011 08:23 AM PDT Today’s Idea
|
| Forex Trading: EURUSD Breaks Resistance And Races Higher Posted: 24 Mar 2011 08:02 AM PDT Resistance at 1.4150 was taken out and the 100 hour MA did little to slow the surge higher. The price has moved higher and is finding resistance against the 1.4202 level. This was a "Remembered Line" from the 21st and 22nds (resistance extends up to 1.4211 area).
|
| Middle East Protests Keeps Crude Above $106 Posted: 24 Mar 2011 08:00 AM PDT 03/24/11 Growing violent protest and uprisings in oil-rich Middle East nations has allowed front month crude prices to remains above $106 a barrel this … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Word From The Floor: Equities Shrug Off Global Events Posted: 24 Mar 2011 02:55 AM PDT 03/24/11 US stocks advanced despite mixed US data, ongoing EU sovereign debt worries, and ongoing geopolitical … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| USD/CAD Breaks Below Diamond Top And Targets 0.9730, 0.9575 Posted: 24 Mar 2011 07:52 AM PDT Commodity Currencies in Reversals (3/23 Video) Short-term to Medium Term
|
| NYC Taxi Medallions Approach $1 Million!! Posted: 24 Mar 2011 07:51 AM PDT The price of a New York City taxi medallion (the “priciest piece of aluminum in NYC”) that allows a corporate owner to operate a single taxi in the Big Apple is approaching $1 million. According to the New York City Taxi and Limousine Commission, four corporate taxi medallions sold in February at an average price of $950,000, setting a new all-time high record (see chart above). Twenty individual taxi medallions were sold in February at an average price of “only” $641,000, … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex Trading: AUDUSD Stays Supported But Has Tough Upside Resistance Posted: 24 Mar 2011 07:38 AM PDT The AUDUSD has stayed supported and remains in an upward channel on the hourly chart (see chart below). The high for the day comes in at the 1.01876 level. The high price in February came in at 1.0200. The high back in NOvember came in at 1.0180. The high on March 1st came in at 1.0200. Needless to say with the price testing the 1.0180-1.0200 level today, this will be a tough resistance level to get through.
|
| Forex – EUR/JPY Higher But Gains Limited On Portugal Concerns Posted: 24 Mar 2011 07:33 AM PDT Forex Pros – The euro was higher against the yen on Thursday, as the single currency was supported by expectations for a rate hike by the European Central Bank next month, but gains were limited by concerns over Portugal's debt problems. EUR/JPY hit 114.52 during European late afternoon trade, the daily high; the pair subsequently consolidated at 114.43, gaining 0.39%. The pair was likely to find support at 113.54, the days low and resistance at 115.02, Wednesday's high. Portugal’s … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Posted: 24 Mar 2011 07:31 AM PDT Commodity Currencies in Reversal (3/23 Video) Short to Medium Term
|
| Rising Costs Is A Minor Setback For ConAgra Foods Posted: 24 Mar 2011 02:30 AM PDT 03/24/11 Higher ingredient costs led the way for a fiscal 3Q net income drop for ConAgra Foods. However, revenue still improved for the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Bonds Struggle To Prevent Losses As Risk Appetite Recovers Posted: 24 Mar 2011 07:01 AM PDT The resumption in risk appetite cooled in part after unexpected weakness in a U.S. manufacturing report. Bond prices pared earlier losses and yields are fast-approaching unchanged. The lack of fresh negative news coming out of Tokyo continues to keep a bid below stock prices as investors hanker for the return of the type of bullishness that typified trading in the first two months of the year. The resignation of Prime Minister Socrates of Portugal has the potential to spark resumption of the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Afren Boosts East Africa Presence With Acreage Acquisition In Tanzania Posted: 24 Mar 2011 03:13 AM PDT Afren (LON:AFR) , the FTSE 250 oil and gas group, has strengthened its position in East Africa by acquiring a 74% operated working interest in the Tanga block, which lies onshore and offshore Tanzania. The deal is Afren's first move in Tanzania and gives it new acreage that extends the same coastal high and basin trough plays from its contiguous operated blocks L17/L18 further south in Kenya. It is now planning to carry out 900km of shallow and deep water seismic surveys and may drill one … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Strategic Natural Resources Launches New Drilling Programme At Elitheni Coal Project Posted: 24 Mar 2011 01:53 AM PDT Strategic Natural Resources (LON:SNRP) , the AIM listed mining group behind the development of the Elitheni coal project in South Africa, is set to launch a new drilling and exploration programme in April. The company has earmarked around US$2.5 million to the work with the aim of increasing and improving the resource categorisation across all of its various rights areas. In an interview with Stockopedia earlier this month, communications director Jeremy Metcalfe said he was keen to bolster … [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 | |
No comments:
Post a Comment