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- Motley News At MDT’s Spinal Biz
- Will Your Debit Cards Bounce?
- Covidien Gets FDA Nod
- Sempra In Big Energy Contract
- Retail Comes Roaring Back
- Australian Dollar: The Downside Prevails
- Canadian Dollar: The Downside Prevails
- Forex Trading: EURUSD Covering Higher Continues
- Cartoon Of The Day
- Zumiez Beats EPS, Rev Nearly At Par
- TriQuint Stays At Neutral
- Forex – EUR/USD Up At The End Of European Session
- Forex Trading: AUDUSD Moves Toward Next Key Resistance
- Forex – EUR/USD Up During The European Session
- BJ’s Is Neutral
- Jo-Ann Beats On Higher Bottom Line
- Forex – USD/JPY Down Toward The End Of European Session
- Forex Trading: USDJPY Tests Trendline Support At 81.66.
- Risk Aversion Soars On Earthquake & Tsunami In Japan
- Ulta Beats Estimates
- Jamba Reports Loss, Misses Estimate
- USD JPY Forecast For March 11, 2011
- Natural Disaster Brings Bid To Bonds
- USD CHF Forecast For March 11, 2011
- USD CAD Forecast For March 11, 2011
- NZD USD Forecast For March 11, 2011
- GBP USD Forecast For March 11, 2011
- Forex Trading: USDCHF Moves Through Trendline Support But Has Retracement Support Close By
- EUR USD Forecast For March 11, 2011
- AUD USD Forecast For March 11, 2011
- AUD NZD Forecast For March 11, 2011
- Forex – GBP/USD Down Toward The End Of European Session
- Forex Trading: USDJPY Moves To New Lows And Targets 81.66 Now
- Oil Falls Below $100 On Natural Disasters In Japan
- Forex – EUR/USD Up During The European Session
- InstaUpdate On SP500 Market Internals At Make Or Break Level
- Forex Trading: EURUSD Moves To Highs For The Day
- Market Breaks Under 50-day Moving Average
- New Britain Palm Oil Plans Sustainable Bakery Ingredients And Foodservice Packing Operation
| Motley News At MDT’s Spinal Biz Posted: 11 Mar 2011 09:55 AM PST Leading medical devices player, Medtronic (NYSE:MDT) has strengthened its Spinal business with the launch of two products – Vertex Select Chromaloy Plus Rods and the Atlantis Vision Elite Anterior cervical plate system. The former is a supplement to the Vertex Select reconstruction system, which is meant to treat patients suffering from several conditions such as degenerative disc disease, spinal stenosis, fracture, tumors, and/or spondylolisthesis.
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| Posted: 11 Mar 2011 09:55 AM PST Believe it or not, when you swipe your debit card sometime later this year – it might bounce. Yes, it can if your purchases cross a specified amount.
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| Posted: 11 Mar 2011 09:55 AM PST Covidien (NYSE:COV), a leading provider of medical products, recently announced that the Food and Drug Administration ("FDA") approved usage of molybdenum-99, obtained from low-enriched uranium, to produce technetium-99m generators. A medical isotope, technetium-99m, is used in more than 80% of nuclear medicine studies. Covidien's Mallinckrodt unit supplies this product to nuclear pharmacies and hospitals.
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| Posted: 11 Mar 2011 09:35 AM PST Sempra Energy's (NYSE:SRE) subsidiary, San Diego Gas & Electric (SDG&E) and a subsidiary of CSOLAR Development, LLC entered into a contract to build a 150 megawatts (MW) solar power plant. The power plant would be built at the Imperial Solar Energy Center (ISEC) West’s proposed 1,057-acre solar energy facility near El Centro, California.
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| Posted: 11 Mar 2011 09:35 AM PST Retail Sales were in line with high expectations for February. Total retail sales rose 1.0%, and are up 8.9% from a year ago. January was revised up from 0.3% growth to 0.7% growth. That was a major positive surprise. The Retail Sales report covers far more than just the shopping malls and is a very broad-based measure of consumer spending. Since consumer spending makes up 71% of the economy it is a very important number. That overstates things a bit since retail sales are mostly about the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Australian Dollar: The Downside Prevails Posted: 11 Mar 2011 09:19 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Canadian Dollar: The Downside Prevails Posted: 11 Mar 2011 09:19 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex Trading: EURUSD Covering Higher Continues Posted: 11 Mar 2011 09:15 AM PST |
| Posted: 11 Mar 2011 09:13 AM PST |
| Zumiez Beats EPS, Rev Nearly At Par Posted: 11 Mar 2011 09:10 AM PST Specialty retailer Zumiez Inc. (NASDAQ:ZUMZ) reported fourth-quarter earnings of 49 cents a share, beating the Zacks Consensus Estimate of 47 cents. The company also outpaced earnings of 33 cents a share posted in the fourth quarter of 2009. Net income from operations was $15 million compared with $10.6 million in the prior-year quarter.
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| Posted: 11 Mar 2011 09:05 AM PST We maintain our NEUTRAL recommendation on TriQuint Semiconductor Inc (NASDAQ:TQNT).
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| Forex – EUR/USD Up At The End Of European Session Posted: 11 Mar 2011 09:00 AM PST Forex Pros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3868, up 0.51% at time of writing. The pair was likely to find support at 1.3753, today's low, and resistance at 1.4036, Monday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.68% to hit 0.8649 and EUR/JPY falling 0.95% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex Trading: AUDUSD Moves Toward Next Key Resistance Posted: 11 Mar 2011 08:46 AM PST The AUDUSD has moved higher and is testing the next key resistance. The idea is if there is rebuilding, in Japan, in Christchurch. If building in emerging countries continues, it is likely good for Australia. The 100 hour MA and the trendline come in at 1.0072-77. This is a test level. A break through should lead to further momentum. If the level holds, look for a retracement that would find support at the 1.0035-40 … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/USD Up During The European Session Posted: 11 Mar 2011 08:40 AM PST Forex Pros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3840, up 0.31% at time of writing. The pair was likely to find support at 1.3753, today's low, and resistance at 1.4036, Monday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.55% to hit 0.8638 and EUR/JPY falling 1.00% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 11 Mar 2011 08:35 AM PST Boasting a viable business strategy and a healthy balance sheet, BJ's Wholesale Club Inc. (NYSE:BJ) offers investors one of the strongest growth stories in this space. The company expects to achieve earnings per share growth of 3.6% to 11.5% in fiscal 2011, based on net sales growth of 6.5% to 8.5% and comparable club sales growth of 2.5% to 4.5%.
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| Jo-Ann Beats On Higher Bottom Line Posted: 11 Mar 2011 08:25 AM PST Hudson, Ohio-based Jo-Ann Stores Inc.'s (NYSE:JAS) reported fourth quarter fiscal 2011 adjusted earnings of $1.60, which outpaced the Zacks Consensus Estimate of $1.54. Including one-time expenses related to the pending merger, Jo-Ann recorded a quarterly net income of $40.4 million or $1.53 per share, well above $37.1 million or $1.36 per share recorded in the year-earlier quarter. The better-than-expected results were driven by growth in the top line and improvement in the gross margin. The … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – USD/JPY Down Toward The End Of European Session Posted: 11 Mar 2011 08:20 AM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Friday after the release of U.S. data on Retail Sales. USD/JPY was trading at 81.74, down 1.49% at time of writing. The pair was likely to find support at 81.66, today's low, and resistance at 83.30, today's high. Earlier in the day, official data showed that retail sales in the U.S. rose to a seasonally adjusted 1.00% last month, from 0.70% in the preceding month whose figure was revised up from 0.30%. Analysts had … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex Trading: USDJPY Tests Trendline Support At 81.66. Posted: 11 Mar 2011 08:16 AM PST |
| Risk Aversion Soars On Earthquake & Tsunami In Japan Posted: 11 Mar 2011 08:10 AM PST 03/11/11 Investors flocked towards safer-haven assets this session following an overnight earthquake and tsunami striking Japan’s … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 11 Mar 2011 08:05 AM PST Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) posted fourth-quarter 2010 adjusted earnings of 48 cents per share, which surpassed the Zacks Consensus Estimate of 44 cents as well as the year-ago quarter earnings of 34 cents. Including one-time compensation charges, Ulta Salon recorded a quarterly net income of $30.1 million or 49 cents per share.
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| Jamba Reports Loss, Misses Estimate Posted: 11 Mar 2011 08:05 AM PST Jamba Inc.(NASDAQ:JMBA), the leading restaurant retailer of food and beverage offerings, reported fourth quarter 2010 loss of 21 cents per share, which missed the Zacks Consensus Estimate of loss of 15 cents, but was better than the prior-year quarter loss of 23 cents per share. The company reported loss as a result of decline in the top line along with the charges incurred from restaurant closures and refranchising of company-owned stores.
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| USD JPY Forecast For March 11, 2011 Posted: 11 Mar 2011 08:02 AM PST By ForexMansion.com The USD/JPY is still in consolidation, as it has been stuck in a massive wedge for months. Thursday's candle did nothing to suggest that was going to change anytime soon. The consolidation is so large that you will find trouble trading anything under the 1 hour chart, as there is so much choppiness at the moment.
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| Natural Disaster Brings Bid To Bonds Posted: 11 Mar 2011 08:02 AM PST Bond prices around the world sending yields lower as investors had a laundry list of worries to choose from. Chief among them of course was a devastating earthquake that hit Japan likely to leave lasting structural damage and a sizeable rebuilding tab for the already debt-burdened government. Investors elsewhere remained nervous over the formation of plans to solve the European debt crisis as costs of government borrowing soar for debt-laden victims.
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| USD CHF Forecast For March 11, 2011 Posted: 11 Mar 2011 08:01 AM PST By ForexMansion.com The USD/CHF pair continues to flop around the 0.93 handle, looking for direction. Any move above 0.9350 suggests that we are reentering the previous consolidation are of 0.93 to 0.98 that served us for so long. Any break below 0.92 suggests a big move down to 0.88 and beyond.
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| USD CAD Forecast For March 11, 2011 Posted: 11 Mar 2011 08:01 AM PST By ForexMansion.com This pair had been consolidating quite nicely for quite some time, between the 0.97 and 0.9750 areas, when Wednesday saw a break down below the bottom of that range. Thursday saw a complete reversal of fortune, and who the chart looks like the support might run even deeper in this pair than originally thought.
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| NZD USD Forecast For March 11, 2011 Posted: 11 Mar 2011 08:00 AM PST By ForexMansion.com The NZD/USD has formed a hammer at the 0.7350 level, a key support level for the last several months. Because of this, it looks decidedly bullish for the short-term. It appears that support will end up holding, and as such – we could see more consolidation between this level and 0.7800.
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| GBP USD Forecast For March 11, 2011 Posted: 11 Mar 2011 07:59 AM PST By ForexMansion.com Cable had a massively bearish day today, breaking through the channel it had been in since the start of the year. The pair is currently racing towards the next support level, the 1.60 area. If 1.60 holds as expected, we could see opportunities to buy this pair and reload our trades. If 1.60 fails to hold, then 1.58 is probably the next stop. The bias is still bullish, even with Thursday's … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex Trading: USDCHF Moves Through Trendline Support But Has Retracement Support Close By Posted: 11 Mar 2011 07:59 AM PST The USDCHF has moved lower on safe haven flows into the CHF. The price has moved through 100 hour MA, 200 hour MA (green line) the midpoint of the move March trading range and trendline resistance at the 0.9273. The next target is the 61.8% of the March trading range at the 0.9265 level and this along with the trendline should slow the decline (or I expect some profit taking at the level). A break below the 0.9265 level however, should solicit some stop selling as the trend into CHF … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| EUR USD Forecast For March 11, 2011 Posted: 11 Mar 2011 07:58 AM PST By ForexMansion.com EUR/USD has fallen from the shooting star to 1.38 as we predicted a few days ago. Because of this, 1.38 has shown signs of support as price essentially stopped on a dime at that point.
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| AUD USD Forecast For March 11, 2011 Posted: 11 Mar 2011 07:57 AM PST By ForexMansion.com The Aussie fell hard on Thursday, and found the support area that bulls would need to hold in order to keep the overall rally alive. The parity level has held yet again, suggesting that this pair wants to keep going higher.
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| AUD NZD Forecast For March 11, 2011 Posted: 11 Mar 2011 07:56 AM PST By ForexMansion.com The AUD/NZD continues to push lower to find our 1.35 break out point and answer the question of whether or not it will become support. The economies are distinctly different at the moment, so there is no real suggestion that the NZD should pick up steam against its antipodean cousin.
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| Forex – GBP/USD Down Toward The End Of European Session Posted: 11 Mar 2011 07:55 AM PST Forex Pros – The British Pound was lower against the U.S. Dollar on Friday. GBP/USD was trading at 1.6029, down 0.20% at time of writing. The pair was likely to find support at 1.5978, today's low, and resistance at 1.6341, Monday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.47% to hit 0.8632 and GBP/JPY falling 1.59% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex Trading: USDJPY Moves To New Lows And Targets 81.66 Now Posted: 11 Mar 2011 07:51 AM PST The USDJPY has moved to new lows and is now targeting the 81.66 level. This level corresponds with the trendline support on the daily chart. The pair continues to be pressured on the back of repatriation … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Oil Falls Below $100 On Natural Disasters In Japan Posted: 11 Mar 2011 02:45 AM PST 03/11/11 Front month crude prices took quite the dive this session after Japan, the world’s third largest oil consumer, was struck by an earthquake and tsunami in the early … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/USD Up During The European Session Posted: 11 Mar 2011 07:30 AM PST Forex Pros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3828, up 0.23% at time of writing. The pair was likely to find support at 1.3753, today's low, and resistance at 1.4036, Monday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.40% to hit 0.8625 and EUR/JPY falling 0.88% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| InstaUpdate On SP500 Market Internals At Make Or Break Level Posted: 11 Mar 2011 07:29 AM PST The question on every trader's mind is "Will the S&P 500 hold its critical support level at the 1,300 region or will it break lower sharply?"
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| Forex Trading: EURUSD Moves To Highs For The Day Posted: 11 Mar 2011 07:23 AM PST The EURUSD his moving up to test the high for the day at the 1.3839 level. Sellers against the level have come in and given the economic uncertainty, may be as good a level as any to take profit/sell. The risk is defined the risk is limited. The 1.3806 level is support now with the 38.2% and the 200 bar MA on the 5 minute chart the reason for expected support.
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| Market Breaks Under 50-day Moving Average Posted: 11 Mar 2011 06:50 AM PST The market fell under its 50-dma yesterday, the first time since November. Many commentators with very short time horizons view that as a sell signal. On the other hand, I believe that a break below the 50-dma, in and by itself, indicates nothing when it comes to trend trading the market. So far, it should only lead you to conclude that this may indicate the need to rotate some stocks and industry groups and provide a buying opportunity to do that. I need much more confirming evidence before … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| New Britain Palm Oil Plans Sustainable Bakery Ingredients And Foodservice Packing Operation Posted: 11 Mar 2011 01:15 AM PST Palm oil producer New Britain Palm Oil (LON:NBPO) has announced plans to invest around £9 million in a new processing facility at its Liverpool palm oil refinery. The new facility will be the world's first operation of its type dedicated to manufacturing bakery and foodservice products made with palm oil that only comes from certified sustainable sources. Bakery fats make up approximately 40% of the overall demand for palm oil in the UK and despite many of the UK's largest bakery … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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