DailyMarkets.com - PBIO: “Eating Your Own Dog Food Could Save Your Life” |
- PBIO: “Eating Your Own Dog Food Could Save Your Life”
- McCormick Beats; Reaffirms Guidance
- Accenture Focuses On Mail Service
- Autoliv Propagates In China
- Allos Therapeutics Evenly Poised
- CreXus Scraps Starwood Offer
- Forex – AUD/USD Up In U.S. Trade
- H-P Chalks Out Growth Strategy
- EA “Unleashes” New Game
- SK Telecom To Expand Overseas
- Rio Ups Stake In Unconditional Bid
- Forex – NZD/USD Up During The U.S. Session
- Lockheed Wins Canadian Contract
- MetLife Vends $1B In Notes
- Bank Of Lao Picks Oracle App
- Navistar Gets Army Order
- Ameriprise Downgraded To Neutral
- Juniper To Bolster Telecom Services
- Morgan Stanley Buys Loan Portfolio
- Shell To Vend UK Refinery
- “Surprising To See Strength In Markets”
- Yen Touches A 3-week Low Vs. Dollar
- AT&T Invests In Atlanta
- Mid-East Crisis Hits Occidental
- Carnival Downgraded
- Unicom Profit Dips, Costs Play Fowl
- Updating The Strong Correlation In 10 Year Yield And SP500
- Forex – GBP/USD Up In U.S. Trade
- European Markets Close Higher; Dax Up 1.77%
- EUR/GBP In Consolidation And Eyes 0.8720
- Bonds Recover From Early Losses
- Activision Releases NASCAR 2011
- Northrop Wins Navy Contract
- AES Borrows To Produce Green Power
- Forex Trading: EURUSD Tests 200 Hour MA/high From Yesterday.
- Entergy Lowers Residential Rates
- AGCO Fendt Tractor A Record Setter
- Neutral On Dr Pepper Snapple
- Forex Trading: USDJPY Forming Intraday Floor. Watch 82.87 Too
- Forex – Dollar Mixed Vs. Rivals As Risk Appetite Sharpens
- Silver’s Breakout Does Not Look Successful; 36.80 Is Key Pivot
- Forex – GBP/USD Trims Gains After ADP Payrolls Report
- VRX To Launch Bid To Buy Cephalon
- ADP Sees 201K Private Jobs Added
- Forex – Euro Lower As Fed Speculation Boosts Greenback
- Australian Dollar: Under Pressure
- Canadian Dollar: The Downside Prevails
- More Trouble For SIRIUS XM
- APD To Launch New Technology
- WFC To Redeem $3.2 Billion TRUPs
- Clorox Balanced On Risk-Reward
- Cal-Maine Reports Lower Profit
- Gold Daily Outlook For March 31, 2011
- US Labor Market Continues To Mend, ADP And Challenger Job Cut Data Showsuits
- Gold’s Price Action Shows Bearish Bias After Breakout And Throwback
- Forex Trading: EURCHF Looking Better. Tests March High Resistance.
- Word From The Floor: US Stocks Extend Gains
- Forex – Euro Hits 10-month High Against Broadly Weaker Yen
- Teachers In CA Make More In Retirement Than Active Teachers In More Than Half Of U.S. States
- Crude In The Red, Trades Below $105 Before EIA Data
- Forex – USD/CAD Close To Multi-year Low As Risk Appetite Sharpens
- Morning News Notes: 3.30.11
- Before The Bell
- Tullow Oil Resolves Heritage Oil Tax Dispute And Agrees Acreage Sale To CNOOC And Total
- London Stock Exchange AIM Conference: Tax Incentives, Liquidity Amp; Retail Investors
| PBIO: “Eating Your Own Dog Food Could Save Your Life” Posted: 30 Mar 2011 11:35 AM PDT Grant Zeng, CFA The story
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| McCormick Beats; Reaffirms Guidance Posted: 30 Mar 2011 11:35 AM PDT McCormick & Co. Inc. (NYSE:MKC) posted results for the first quarter and fiscal 2011. Quarterly earnings came in at 57 cents a share, which surpassed the Zacks Consensus Estimate by 5.5% and the year-ago earnings by 12%. The quarterly earnings benefited from higher operating income, as well as the increase in income from unconsolidated operations.
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| Accenture Focuses On Mail Service Posted: 30 Mar 2011 11:35 AM PDT Global technology services and management consulting company Accenture Plc. (NYSE:ACN) recently announced that it would enable postal agencies worldwide to offer digital mail. This mail is basically a digital version of printed mail which will be delivered to the mail account of their customers.
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| Posted: 30 Mar 2011 11:35 AM PDT Autoliv Inc. (NYSE:ALV) announced that it has started building a new plant in Changchun, China that will replace the existing plant at the same location. The existing plant manufactures seatbelts, frontal airbags and side airbags for FAW-Volkswagen Automotive Co., FAW Car Co., Great Wall Motor Co., Bejing Benz Automotive Co., BMW Brilliance Automotive Co., and Shanghai GM Norsom Co. It employs about 450 people.
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| Allos Therapeutics Evenly Poised Posted: 30 Mar 2011 11:35 AM PDT We are maintaining our Neutral recommendation on Allos Therapeutics Inc. (NASDAQ:ALTH) with a target price of $3.25.
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| Posted: 30 Mar 2011 11:35 AM PDT CreXus Investment Corp. (CXS), a mortgage real estate investment trust (REIT) focused on commercial real estate assets, has recently rejected an unconditional buyout offer from Starwood Property Trust, Inc. (STWD), also a mortgage REIT, and instead proceeded with its secondary offering. The acquisition bid was contingent on CreXus suspending its equity offering as Starwood felt that it would lead to significant book value dilution.
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| Forex – AUD/USD Up In U.S. Trade Posted: 30 Mar 2011 11:15 AM PDT Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Wednesday.<br/><br/> AUD/USD was trading at 1.0324, up 0.32% at time of writing.<br/><br/> The pair was likely to find support at 1.0189, Friday’s low, and resistance at 1.0337, today’s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.26% to hit 1.3681 and AUD/JPY rising 0.75% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| H-P Chalks Out Growth Strategy Posted: 30 Mar 2011 11:05 AM PDT Recently, in a Partner Conference held in America, Hewlett-Packard Company (NYSE:HPQ) chalked out strategies to help boost its partners' profitability in the cloud and connectivity space.
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| Posted: 30 Mar 2011 11:05 AM PDT Electronic Arts Inc. (NASDAQ:ERTS) announced the launch of SHIFT 2 UNLEASHED, the latest version of Need for Speed, in North America.
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| Posted: 30 Mar 2011 11:05 AM PDT According to market sources, South Korean wireless kingpin SK Telecom (NYSE:SKM) might invest in U.S. video rental chain Blockbuster Inc. Notably, Blockbuster had filed for bankruptcy in September 2010 after years of competitive struggle against Netflix Inc. (NASDAQ:NFLX) and online offerings.
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| Rio Ups Stake In Unconditional Bid Posted: 30 Mar 2011 11:05 AM PDT Global miner Rio Tinto Plc. (NYSE:RIO) announced that it has raised its stake in Australia-based Riversdale Mining Limited. Currently, the company has 98,247,606 shares of Riversdale, representing 41.51%, up from 20.95%.
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| Forex – NZD/USD Up During The U.S. Session Posted: 30 Mar 2011 10:45 AM PDT Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Wednesday.<br/><br/> NZD/USD was trading at 0.7628, up 0.85% at time of writing.<br/><br/> The pair was likely to find support at 0.7486, Friday’s low, and resistance at 0.7637, today’s high.<br/><br/> Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.49% to hit 1.3538 and EUR/NZD falling 0.79% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Lockheed Wins Canadian Contract Posted: 30 Mar 2011 10:40 AM PDT Lockheed Martin Corp. (NYSE:LMT) has won a five-year C$22.3 million contract from the Canadian Army. The contract comprises providing support services for Lockheed's live-fire, battle field training systems that prepare soldiers for future combat missions.
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| Posted: 30 Mar 2011 10:35 AM PDT Yesterday, MetLife Inc.'s (NYSE:MET) unit, MetLife Institutional Funding II, sold 3-year floating-rate notes worth approximately $1.0 billion in the 144A private placement market, according to Reuters.
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| Posted: 30 Mar 2011 10:35 AM PDT Oracle Corporation (NASDAQ:ORCL) was chosen by Bank of Lao PDR, central bank of Lao People's Democratic Republic, for the modernization of its banking operations.
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| Posted: 30 Mar 2011 10:35 AM PDT Navistar International Corp. (NYSE:NAV) recently received orders worth $97 million from the U.S. Army TACOM Life Cycle Management Command for vehicles and other supplies for use in Afghanistan. The deliveries are scheduled for the fall of 2011 and completion by the fall of 2012. Only RPG nets will be delivered by summer 2011
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| Ameriprise Downgraded To Neutral Posted: 30 Mar 2011 10:35 AM PDT We have downgraded our long term recommendation on the shares of Ameriprise Financial Inc. (NYSE:AMP) to Neutral from Outperform based on the lower-than-expected fourth quarter 2010 results.
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| Juniper To Bolster Telecom Services Posted: 30 Mar 2011 10:35 AM PDT Juniper Networks Inc. (NASDAQ:JNPR), one of the leading providers of networking infrastructure products and services, announced that its new network infrastructure will be deployed by New World Telecommunications Limited (New World Telecom). Financial terms of the deal were not disclosed.
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| Morgan Stanley Buys Loan Portfolio Posted: 30 Mar 2011 10:35 AM PDT Morgan Stanley Real Estate Investing ("MSREI") announced the acquisition of a U.S. real estate loan portfolio with a principal balance of $196 million from an overseas company. MSREI is the global real estate investment management unit of Morgan Stanley (NYSE:MS). The terms of the deal were not disclosed.
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| Posted: 30 Mar 2011 10:35 AM PDT Royal Dutch Shell plc (RDS.A) announced that it has entered into an agreement with Essar Oil (UK) Limited (Essar) for the sale of the Stanlow refinery in the United Kingdom. The total sale price of the deal is valued at approximately $1.3 billion. Essar had made a formal proposal to buy the refinery in mid-February.
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| “Surprising To See Strength In Markets” Posted: 30 Mar 2011 10:20 AM PDT 03/30/11 Mogavero, Lee & Co.’s Doreen Mogavero weighs in on the ADP employment report, and fundamental outlook in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Yen Touches A 3-week Low Vs. Dollar Posted: 30 Mar 2011 10:15 AM PDT 03/30/11 The Japanese yen has posted another decline against the dollar this session as jobs data has gave way to speculation the Fed may sooncurtail its debt … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 30 Mar 2011 10:05 AM PDT AT&T Inc. (NYSE:T) announced its network improvement plans to support 4G speeds in Atlanta. The network improvement costs in this region are a part of the $19 billion capital investment in wireless and wireline networks of the company and other capital expenditures in 2011.
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| Mid-East Crisis Hits Occidental Posted: 30 Mar 2011 10:05 AM PDT The mid-east crisis has taken its toll on Occidental Petroleum Corporation’s (NYSE:OXY) outlook as more than a third of total oil and gas production of the company comes from this region. Occidental has lowered its production expectation for the first quarter 2011 for a number of reasons, primarily for the disruptions in the Middle East.
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| Posted: 30 Mar 2011 10:05 AM PDT We recently downgraded our rating on Carnival Corporation (NYSE:CCL) from Neutral to Underperform. The rating on the world's largest cruise operator was downgraded on a host of factors including rising fuel prices, exposure to the sluggish European market and an overall inflationary outlook. Political disturbances in some regions and lower near-term Caribbean pricing will also be headwinds to the company.
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| Unicom Profit Dips, Costs Play Fowl Posted: 30 Mar 2011 10:05 AM PDT China Unicom (NYSE:CHU), China’s second largest mobile operator, announced its fiscal 2010 results with earnings per share of RMB 0.16 ($0.024 per share) plunging 60% year over year.
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| Updating The Strong Correlation In 10 Year Yield And SP500 Posted: 30 Mar 2011 10:00 AM PDT When we think of inter-market positive relationships, most of us think of Stocks, Crude Oil, and Gold (among other commodities) as highly positively corrlated and that's true. The Black line is our old friend the S&P 500 index and the red line is … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – GBP/USD Up In U.S. Trade Posted: 30 Mar 2011 10:00 AM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Wednesday.<br/><br/> GBP/USD was trading at 1.6058, up 0.29% at time of writing.<br/><br/> The pair was likely to find support at 1.5938, Monday’s low, and resistance at 1.6142, Friday’s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.18% to hit 0.8800 and GBP/JPY rising 0.68% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| European Markets Close Higher; Dax Up 1.77% Posted: 30 Mar 2011 09:55 AM PDT Forex Pros – European stocks were up after the closing bell on Wednesday.<br/><br/> At the close of European trade, Germany’s DAX rose 1.77%, London’s FTSE 100 gained 0.27%, France’s CAC 40 climbed 0.92% and the EURO STOXX 50 was up 0.88%.<br/><br/> Meanwhile, on Wall Street, equity markets were up after the open. The Dow Jones Industrial Average was up 0.71%; the S&P 500 index gained 0.81%, while the Nasdaq 100 index climbed … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| EUR/GBP In Consolidation And Eyes 0.8720 Posted: 30 Mar 2011 09:45 AM PDT EUR/GBP in a Bullish Breakout Towards 0.8880, 0.8940 (3/24) Short-term:
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| Bonds Recover From Early Losses Posted: 30 Mar 2011 09:45 AM PDT U.S. yields fell midweek as dealers bought bonds ahead of a key seven-year auction of government debt and after a 35 basis point increase in benchmark yields in less than two weeks provided support for bonds. Investors continue to tread wearily in the bond market on concern that the Federal Reserve is mulling its exit strategy from a period of ultra-easy monetary policy. St. Louis Fed’s James Bullard aired the prospect that the FOMC stops short of spending the full amount detailed in November … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Activision Releases NASCAR 2011 Posted: 30 Mar 2011 09:35 AM PDT A leading developer, publisher and distributor of interactive entertainment and leisure products, Activision Blizzard Inc. (NASDAQ:ATVI) announced the release of NASCAR The Game 2011.
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| Posted: 30 Mar 2011 09:35 AM PDT AMSEC LLC, a subsidiary of Northrop Grumman Corporation (NYSE:NOC), received an indefinite delivery, indefinite quantity, cost plus fixed fee contract from the U.S. Navy for marine design and engineering services. The contract is in support of Puget Sound and Pearl Harbor Naval Shipyards and Intermediate Maintenance Facilities.
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| AES Borrows To Produce Green Power Posted: 30 Mar 2011 09:35 AM PDT AES Corporation (NYSE:AES) announced that it received financial assistance from Barclays PLC (NYSE:BCS) to begin construction of the 28.4 megawatt (MW) Drone Hill wind farm in Southeast Scotland. AES Corporation inherited Drone Hill when its unit purchased Your Energy Ltd., a U.K.-based renewable energy company.
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| Forex Trading: EURUSD Tests 200 Hour MA/high From Yesterday. Posted: 30 Mar 2011 09:29 AM PDT The EURUSD brok above the 1.4102-05 area where the 38.2% and the 100 hour MA (blue line in the chart above) and has spiked higher. The pair is now testing the 200 hour MA and trendline resistance at 1.4134 area (high reached 1.4131). A break above should lead to further buying with the high from yesterday the next target at the 1.4147. Support now at 1.4120-26 and then 1.4102. The pair has moved higher on a comment that ECB Bini Smaghi says the ECB is to raise rates in a gradual … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Entergy Lowers Residential Rates Posted: 30 Mar 2011 09:05 AM PDT Entergy Corporation (NYSE:ETR) will lower the electricity rates effective April 1, 2011 at Entergy Mississippi following a unanimous voting from the state Public Service Commission (PSC). For an average residential customer using 1,000 kilowatt hours (kWh) per month rates will be $1.16 lower from April through June.
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| AGCO Fendt Tractor A Record Setter Posted: 30 Mar 2011 09:05 AM PDT The worldwide manufacturer and distributor of agricultural equipment, AGCO Corporation (AGCO) announced that its Fendt 828 Vario tractor has set a record for fuel efficiency – an all-time low of 245 grams per kilowatt hour – which is 19% below the industry average. This is a testimony to AGCO's incessant efforts to develop new products to meet new engine emission standards.
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| Posted: 30 Mar 2011 09:05 AM PDT We reiterate our long-term ‘Neutral’ recommendation on Dr Pepper Snapple Group, Inc. (NYSE:DPS) with a target price of $40.00 per share. Dr Pepper Snapple is a leading manufacturer and distributor of non-alcoholic beverages in the U.S., Canada and Mexico.
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| Forex Trading: USDJPY Forming Intraday Floor. Watch 82.87 Too Posted: 30 Mar 2011 09:04 AM PDT The USDJPY has a floor intraday at the 82.93 level. Just below that level is the 82.87 level. This was the low on the day the Bank of Japan intervened in the currency market on Sept 15th 2010. This is different than the concerted intervention done this month. A move below this level should lead to some further momentum down with a test of 82.55 – the 38.2% of the move up today – being the first target support for the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – Dollar Mixed Vs. Rivals As Risk Appetite Sharpens Posted: 30 Mar 2011 08:45 AM PDT Forex Pros – The U.S. dollar was mixed against its major counterparts on Wednesday, as risk appetite sharpened, spurring demand for riskier assets, while hawkish comments by senior Federal Reserve officials boosted the greenback.<br /><br />During U.S. morning trade, the greenback was slightly higher against the euro, with EUR/USD sliding 0.13% to hit 1.4095.<br /><br />On Tuesday, Federal Reserve Bank of Dallas President Richard Fisher said he did not support … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Silver’s Breakout Does Not Look Successful; 36.80 Is Key Pivot Posted: 30 Mar 2011 08:36 AM PDT Silver Bounces from 36.50, 37.20 is Key Resistance Pivot (3/28)
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| Forex – GBP/USD Trims Gains After ADP Payrolls Report Posted: 30 Mar 2011 08:29 AM PDT Forex Pros – The pound trimmed gains against the U.S. dollar on Wednesday, easing off a three-day high after payroll processor ADP said U.S. private employers added 201,000 jobs in March, while February’s figure was revised down slightly.<br /><br />GBP/USD retreated from 1.6082, the pair’s highest since last Friday, to hit 1.6039 during U.S. morning trade, easing up 0.18%.<br /><br />Cable was likely to find support at 1.5936, Monday’s low … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| VRX To Launch Bid To Buy Cephalon Posted: 30 Mar 2011 08:25 AM PDT Valeant Pharmaceuticals International Inc. (NASDAQ:CEPH) for $5.7 billion in cash.
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| ADP Sees 201K Private Jobs Added Posted: 30 Mar 2011 08:25 AM PDT The Automatic Data Processing (NYSE:ADP) employment survey was a little weaker than expected in March. It shows that private sector employment rose by 201,000, slightly below consensus expectations for a 210,000 increase. The gains, however, were widespread, and if confirmed by the BLS on Friday, would still be a solid report. In February, ADP was almost right on the money, but that came after a few months when its estimates were well off the mark. In January, it was far too optimistic, showing a … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – Euro Lower As Fed Speculation Boosts Greenback Posted: 30 Mar 2011 08:25 AM PDT Forex Pros – The euro was lower against the U.S. dollar on Wednesday, as speculation that the Federal Reserve may curtail its quantitative easing program and tighten monetary policy bolstered the greenback.<br /><br />EUR/USD hit 1.4053 during U.S. morning trade, the daily low; the pair subsequently consolidated at 1.4083, slipping 0.21%.<br /><br />The pair was likely to find short-term support at 1.4019, Monday’s low and a six-day low and resistance … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Australian Dollar: Under Pressure Posted: 30 Mar 2011 08:19 AM PDT 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: 30 Mar 2011 08:19 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 30 Mar 2011 08:16 AM PDT Satellite radio service provider SIRIUS XM Radio Inc. (NASDAQ:SIRI) is facing legal challenges one after another. Yesterday, a U.S. District judge has ruled that the company must face class-action lawsuit related to antitrust violation. The case was filed in 2009 by a group of SIRIUS XM subscribers, who claimed that the company is abusing its monopoly power by raising prices to nearly 30%. SIRIUS XM was formed in 2008 after a merger between the two arch rivals, Sirius Satellite Radio Inc. and XM … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 30 Mar 2011 08:16 AM PDT On April 12, 2011, Air Products & Chemical Inc. (NYSE:APD) intends to launch a new-generation wave soldering technology for the electronics assembly and packaging industry at the IPC APEX Expo in Las Vegas.
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| WFC To Redeem $3.2 Billion TRUPs Posted: 30 Mar 2011 08:16 AM PDT In a filing with the Securities and Exchange Commission (SEC), Wells Fargo & Company (NYSE:WFC) announced that it would redeem $3.2 billion of trust preferred securities (TRUPs), as a part of its capital plan submitted to the Federal Reserve. The redemptions will be funded with the company's excess cash.
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| Clorox Balanced On Risk-Reward Posted: 30 Mar 2011 08:16 AM PDT We have maintained our long-term ‘Neutral’ recommendation on Clorox Corporation (NYSE:CLX) with a target price of $73.00 per share. Moreover, the company has a Zacks #3 Rank, implying a short-term ‘Hold’ rating on the stock.
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| Cal-Maine Reports Lower Profit Posted: 30 Mar 2011 08:16 AM PDT Jackson, Mississippi-based Cal-Maine Foods Inc. (NASDAQ:CALM) posted third-quarter 2011 adjusted earnings of $1.28 per share, which were well ahead of the Zacks Consensus Estimate of $1.02 per share but down from year-ago quarter's earnings of $1.45 per share. The year-over-year decline in net earnings was attributable to higher feed costs, which according to the company would remain a cause of concern for the rest of fiscal 2011 as well.
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| Gold Daily Outlook For March 31, 2011 Posted: 30 Mar 2011 08:08 AM PDT By CommoditiesMansion.com
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| US Labor Market Continues To Mend, ADP And Challenger Job Cut Data Showsuits Posted: 30 Mar 2011 08:08 AM PDT The US labor market, after grinding along throughout most of 2010 has picked up of late, a positive sign for March's non-farm payroll report, due out Friday.
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| Gold’s Price Action Shows Bearish Bias After Breakout And Throwback Posted: 30 Mar 2011 08:05 AM PDT Gold Resolves Bearish Divergence with 50% Retracement (3/28) Short to Medium Term
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| Forex Trading: EURCHF Looking Better. Tests March High Resistance. Posted: 30 Mar 2011 07:50 AM PDT The EURCHF closed back above the 100 day MA yesterday and has extended the move higher in today's trade. The pair has moved to test the high for March at the 1.3039 level. A move above this level opens the door for further upside momentum.
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| Word From The Floor: US Stocks Extend Gains Posted: 30 Mar 2011 07:50 AM PDT 03/30/11 The major US stock averages advanced amidst the latest economic data releases and IPOs. ADP report showed that the private sector added 201K … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – Euro Hits 10-month High Against Broadly Weaker Yen Posted: 30 Mar 2011 07:36 AM PDT Forex Pros – The euro advanced to a 10-month high against the broadly weaker yen on Wednesday, as hawkish comments by officials from the European Central Bank contrasted with Japan’s loose monetary policy stance.<br /><br />EUR/JPY hit 117.28 during European late afternoon trade, the pair’s highest since May 13, 2010; the pair subsequently consolidated at 116.70, gaining 0.26%.<br /><br />The pair was likely to find support at 114.79, … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Teachers In CA Make More In Retirement Than Active Teachers In More Than Half Of U.S. States Posted: 30 Mar 2011 07:22 AM PDT According to the California State Teachers' Retirement System 2010 Summary Report to Members, the average retired California public school teacher receives an annual pension of $51,072 (see chart above). According to Department of Education data, that’s more in retirement pay than the average current salary for active elementary and secondary public school teachers in 28 states, and almost as much as the national average for active public school teachers of $55,350. If you … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Crude In The Red, Trades Below $105 Before EIA Data Posted: 30 Mar 2011 02:15 AM PDT 03/30/11 With investors expecting a build in crude supplies according to the EIA’s inventory data report, front month crude prices posted a slight decline on demand … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – USD/CAD Close To Multi-year Low As Risk Appetite Sharpens Posted: 30 Mar 2011 06:39 AM PDT Forex Pros – The U.S. dollar was trading close to multi-year lows against its Canadian counterpart on Wednesday, as optimism over the global economic recovery boosted commodity linked currencies.<br /><br />USD/CAD hit 0.9688 during European afternoon trade, the pair’s lowest since March 10; the pair subsequently consolidated at 0.9706, shedding 0.36%.<br /><br />The pair was likely to find support at 0.9667, the low of March 9 and a 40-month low and … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 30 Mar 2011 06:34 AM PDT The morning news notes as prepared by TL…ATA truck tonnage, Obama to make energy speech today, the budget, Chinese economists blast Dollar dominance, Greenspan op-ed in FT, risk managers worry about the Dollar, and Libya. ”Morning News Notes: March 30, 2011″ click … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 30 Mar 2011 01:00 AM PDT 03/30/11 The latest in news, commentary, and information on what’s moving the US equities markets prior to the NYSE opening … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Tullow Oil Resolves Heritage Oil Tax Dispute And Agrees Acreage Sale To CNOOC And Total Posted: 30 Mar 2011 04:01 AM PDT Tullow Oil (LON:TLW) said this morning that it had resolved its protracted dispute with authorities in Uganda over a deal last year in which Heritage Oil (LON:HOIL) sold to Tullow its 50% stake in the EA-1 and EA-3A licences. In the aftermath of the US$1.45 billion deal the Ugandan Government and the Uganda Revenue Authority said there was a tax liability to be paid. Heritage disputed the tax charge but it was left to Tullow, which wanted to farm down its interests in EA-1, EA-2 and EA-3A and … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| London Stock Exchange AIM Conference: Tax Incentives, Liquidity Amp; Retail Investors Posted: 30 Mar 2011 03:57 AM PDT Last week saw the annual AIM conference at the London Stock Exchange (LON:LSE) which was well-attended by a mix of company CEOs, advisers and journalists covering a range of topics, not least fiscal incentives for SMEs, liquidity and how companies should approach investor relations.
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