DailyMarkets.com - China Buys More Of Ford Cars
DailyMarkets.com - China Buys More Of Ford Cars |
- China Buys More Of Ford Cars
- BJ’s Delivers Healthy Sales
- Alliance Inks Deal With Sycle
- P.F. Chang’s Expands To Canada
- Pipeline Progress At Regeneron
- Toys ‘R’ Us Defers IPO
- POSCO Issues $700M Notes
- Toyota To Resume Production
- Hot Option Plays: Banks Active Ahead Of Earnings
- Forex – AUD/USD Up In U.S. Trade
- “Most Things Priced In…no Voltility”
- Bon-Ton’s March Sales Plunge
- Forex – NZD/USD Up During The U.S. Session
- Electronic Arts To Film Mass Effect
- Time Warner Cable To Fight Lawsuit
- Euro Rally Continues Vs. Dollar
- Rare Earth Stocks Heating Up As U.S. Pushes For Domestic Supply Chain
- Darden Remains Neutral
- Akamai Streams NCAA Championship
- Oracle To Support Banco Database
- Forex – GBP/USD Up In U.S. Trade
- European Markets Close Higher; Dax Up 0.53%
- Forex – EUR/USD Up Toward The End Of European Session
- Nordstrom Comps Going Strong
- Forex – USD/JPY Up Toward The End Of European Session
- EUR/GBP Weekly Outlook – If 0.88 Becomes Support, 0.8940 And 0.9140 Is In Sight
- Alcon Shareholders Approve Merger
- CareFusion Acquires New Technology
- Pinnacle West Stays Neutral
- Forex – EUR/USD Up At The End Of European Session
- Forex – GBP/USD Up Toward The End Of European Session
- Rite Aid Misses As Charges Rise
- Crude Rallies On Libyan Conflict
- Forex – EUR/USD Up During The European Session
- Canadian Dollar: The Downside Prevails
- Australian Dollar: Under Pressure
- DELL To Enrich Cloud Services
- Wells Fargo Sheds Jobs
- Pay Hike For JPMorgan CEO
- PNC Hikes Dividend, Plans Buyback
- HTC Sees Quarterly Net Income Nearly Triple
- Word From The Floor: US Stocks Gain At Open
- WSJ Interactive Map/Graphic Of Global Int. Rates
- Forex – GBP/JPY Up In European Trading Hours
- USD/CHF Weekly Outlook: Getting Clues For The Intermediate Term Direction
- Greg Kuenzel On The Exploration Trail In Austria With Noricum Gold
Posted: 08 Apr 2011 12:05 PM PDT Ford Motor Co. (NYSE:F) posted a 20% rise in sales to 53,440 vehicles in China during March. The company's joint venture partner in China, Chongqing Changan Automobile delivered 42,157 vehicles during the month. This has brought the total sales to 140,566 vehicles for the first quarter of the year, an increase of 19% from the year-ago quarter. |
Posted: 08 Apr 2011 12:05 PM PDT BJ's Wholesale Club Inc. (NYSE:BJ), a leading warehouse club operator in the United States, recently posted healthy sales for the five-week period ended April 2, 2011. |
Posted: 08 Apr 2011 11:50 AM PDT Alliance Data Systems Corporation (NYSE:ADS) has inked a long-term deal with Sycle, LLC to offer credit services for hearing devices and related services to the latter's patients. |
P.F. Chang’s Expands To Canada Posted: 08 Apr 2011 11:35 AM PDT Scottsdale, Arizona-based P.F. Chang’s China Bistro, Inc (NASDAQ:PFCB), which owns and operates two restaurant concepts P.F. Chang's China Bistro (Bistro) and Pei Wei Asian Diner (Pei Wei), recently inked a deal with Interaction Asian Restaurants L.P to expand to Canada. Interaction Asian is headed by Michael Aronovici, who holds a key position in other restaurant companies in Canada. |
Pipeline Progress At Regeneron Posted: 08 Apr 2011 11:35 AM PDT Recently, Regeneron Pharmaceuticals Inc. (NASDAQ:REGN) and partner Bayer (BAYRY) announced the commencement of a phase III study (VIVID-DME) to evaluate the safety and effectiveness of their VEGF (vascular endothelial growth factor) trap-eye treatment. The late-stage study will evaluate patients suffering from Diabetic Macular Edema (DME). |
Posted: 08 Apr 2011 11:35 AM PDT According to insider sources familiar with the situation, Toys 'R' Us – a leading global retailer of dedicated toys and baby products, has deferred its initial public offering (IPO) scheduled for April 2011. The company has reportedly filed for an IPO of about $800 million but is yet to finalize it's timing. Toys 'R' Us had earlier planned to file for an IPO in May 2010, but later discarded the plan. |
Posted: 08 Apr 2011 11:35 AM PDT Korean steelmaker POSCO (NYSE:PKX) recently issued senior unsecured notes worth $700 million, maturing April 14, 2021. The notes were issued in a private placement market at an issue price of $99.5930. |
Posted: 08 Apr 2011 11:35 AM PDT Toyota Motor Corp. (NYSE:TM) revealed that it will resume production at all its plants in Japan at half capacity from April 18 to 27. The automaker suspended its production at all the 18 plants in Japan from March 14 to 26 after the earthquake and tsunami in Japan on March 11 that damaged many parts supplying companies' plants, leading to a shortage in components supply. |
Hot Option Plays: Banks Active Ahead Of Earnings Posted: 08 Apr 2011 11:18 AM PDT Cusick’s Corner |
Forex – AUD/USD Up In U.S. Trade Posted: 08 Apr 2011 11:15 AM PDT Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Friday.<br/><br/> AUD/USD was trading at 1.0547, up 0.75% at time of writing.<br/><br/> The pair was likely to find support at 1.0289, Tuesday’s low, and resistance at 1.0552, today’s high.<br/><br/> Meanwhile, the Australian Dollar was down against the Euro and up against the Japanese Yen, with EUR/AUD gaining 0.18% to hit 1.3693 and AUD/JPY rising 0.55% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
“Most Things Priced In…no Voltility” Posted: 08 Apr 2011 11:08 AM PDT 04/08/11 OnPoint Executions’ Bobby Heller weighs in on the price action in US equity markets, crude oil and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 08 Apr 2011 11:05 AM PDT Bon-Ton Stores Inc. (NASDAQ:BONT) reported total sales of $254.5 million in March 2011, which dropped 6.6% from $272.4 million in March 2010. The company's comparable store sales fell 6.1% for the month. The decline in revenues was due to the calendar shift of Easter from March to April in the current year, resulting in sluggish sales particularly in the apparel category. |
Forex – NZD/USD Up During The U.S. Session Posted: 08 Apr 2011 10:45 AM PDT Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Friday.<br/><br/> NZD/USD was trading at 0.7822, up 0.44% at time of writing.<br/><br/> The pair was likely to find support at 0.7660, Monday’s low, and resistance at 0.7834, today’s high.<br/><br/> Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.25% to hit 1.3475 and EUR/NZD rising 0.42% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Electronic Arts To Film Mass Effect Posted: 08 Apr 2011 10:40 AM PDT Electronic Arts Inc.(NASDAQ:ERTS) recently signed a deal with animation company FUNimation Entertainment, to create an animation feature film based on Mass Effect, an immensely popular video game franchise. |
Time Warner Cable To Fight Lawsuit Posted: 08 Apr 2011 10:35 AM PDT Time Warner Cable Inc. (NYSE:TWC), the second-largest cable operator in the U.S. recently got involved in a legal tussle with a leading entertainment company Viacom (NYSE:VIA) regarding the streaming of cable TV shows on iPad. |
Euro Rally Continues Vs. Dollar Posted: 08 Apr 2011 05:30 AM PDT 04/08/11 The euro continued to rise this afternoon against the dollar on growing speculation the Federal Reserve will trail behind other central banks in raising … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Rare Earth Stocks Heating Up As U.S. Pushes For Domestic Supply Chain Posted: 08 Apr 2011 10:11 AM PDT (This is an excerpt of an archived daily bulletin to my premium readers. Try a month for free by clicking here.) |
Posted: 08 Apr 2011 10:05 AM PDT We maintain our long-term Neutral recommendation on Darden Restaurants Inc. (NYSE:DRI) on a host of factors. |
Akamai Streams NCAA Championship Posted: 08 Apr 2011 10:05 AM PDT A leading provider of cloud optimization services, Akamai Technologies Inc. (AKAM) announced that the Akamai HD Network exclusively streamed the 2011 NCAA March Madness On Demand (MMOD). |
Oracle To Support Banco Database Posted: 08 Apr 2011 10:05 AM PDT Oracle Corp. (ORCL) recently announced that one of the leading retail and commercial banks of Brazil, Banco Santander has chosen Oracle Exadata Database Machine to integrate the operations of Banco Real, which it acquired in August 2009. |
Forex – GBP/USD Up In U.S. Trade Posted: 08 Apr 2011 10:00 AM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Friday.<br/><br/> GBP/USD was trading at 1.6346, up 0.15% at time of writing.<br/><br/> The pair was likely to find support at 1.6093, Tuesday’s low, and resistance at 1.6427, today’s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.66% to hit 0.8824 and GBP/JPY rising 0.23% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
European Markets Close Higher; Dax Up 0.53% Posted: 08 Apr 2011 09:55 AM PDT Forex Pros – European stocks were up after the closing bell on Friday.<br/><br/> At the close of European trade, Germany’s DAX rose 0.53%, London’s FTSE 100 gained 0.81%, France’s CAC 40 climbed 0.83% and the EURO STOXX 50 was up 0.71%.<br/><br/> Meanwhile, on Wall Street, equity markets were down after the open. The Dow Jones Industrial Average was down 0.16%; the S&P 500 index shed 0.14%, while the Nasdaq 100 index declined … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – EUR/USD Up Toward The End Of European Session Posted: 08 Apr 2011 09:40 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4421, up 0.79% at time of writing.<br/><br/> The pair was likely to find support at 1.4152, Tuesday’s low, and resistance at 1.4444, today’s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.71% to hit 0.8828 and EUR/JPY rising 0.90% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 08 Apr 2011 09:35 AM PDT Same-store sales at Nordstrom Inc. (NYSE:JWN) grew by 5.1% for the five-week period ended April 2, 2011. Total retail sales in March 2011 improved 10.1% to $897 million from $815 million in March 2010. |
Forex – USD/JPY Up Toward The End Of European Session Posted: 08 Apr 2011 09:20 AM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Friday.<br/><br/> USD/JPY was trading at 85.02, up 0.12% at time of writing.<br/><br/> The pair was likely to find support at 83.86, Monday’s low, and resistance at 85.52, Wednesday’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.88% to hit 1.4434 and GBP/USD rising 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
EUR/GBP Weekly Outlook – If 0.88 Becomes Support, 0.8940 And 0.9140 Is In Sight Posted: 08 Apr 2011 09:18 AM PDT EUR/GBP in Channel Breakout; 50% Retracement at 0.86 (4/5) Short to Medium Term- The EUR/GBP is accelerating and chances are, we already completed an ABC correction. In the Elliott Wave model, it would have been an expanded flat. |
Alcon Shareholders Approve Merger Posted: 08 Apr 2011 09:05 AM PDT Alcon Inc. (NYSE:ACL) recently announced that its shareholders have approved of the company's merger with Novartis AG (NYSE:NVS). Per the terms of the merger agreement, Alcon shareholders will receive 2.9228 Novartis shares or American Depositary Shares (ADS) along with a cash payment of $8.20 for each share that they hold. |
CareFusion Acquires New Technology Posted: 08 Apr 2011 09:05 AM PDT CareFusion Corporation (CFN), a worldwide medical technology company, recently stated that it has obtained a technology, the patented Pyxis EcoStation system, which will automate the separation of pharma-related waste. Such know-how will assist hospitals cut down expenses, enhance regulatory control and further environmental responsibility. |
Posted: 08 Apr 2011 09:05 AM PDT We maintain our Neutral outlook on Pinnacle West Capital Corp. (NYSE:PNW). Our cautious stance is primarily determined by the electric utility's dependence on comprehensive regulation by several federal, state and local regulatory agencies. These regulations considerably influence the operating performance of the company, particularly of its subsidiary, Arizona Public Service (“APS”), and its ability to fully recover costs from utility customers in a timely manner. |
Forex – EUR/USD Up At The End Of European Session Posted: 08 Apr 2011 09:00 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4438, up 0.91% at time of writing.<br/><br/> The pair was likely to find support at 1.4152, Tuesday’s low, and resistance at 1.4444, today’s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.80% to hit 0.8836 and EUR/JPY rising 0.99% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – GBP/USD Up Toward The End Of European Session Posted: 08 Apr 2011 08:55 AM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Friday.<br/><br/> GBP/USD was trading at 1.6341, up 0.12% at time of writing.<br/><br/> The pair was likely to find support at 1.6093, Tuesday’s low, and resistance at 1.6427, today’s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.80% to hit 0.8836 and GBP/JPY rising 0.20% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Rite Aid Misses As Charges Rise Posted: 08 Apr 2011 08:35 AM PDT Leading drugstore chain operator Rite Aid Corp. (NYSE:RAD) posted a net loss of $205.7 million in the fourth quarter of fiscal 2011, compared with a loss of $208.4 million in the year-ago period. The quarterly loss per share of 24 cents though in line with the prior-year figure came in higher than the Zacks Consensus Estimate of a loss of 21 cents per share. Higher termination and impairment charges offset the positive impact from improved gross margin coupled with lower selling, general and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Crude Rallies On Libyan Conflict Posted: 08 Apr 2011 08:30 AM PDT 04/08/11 With Libyan fighting damagin oil fields and the US dollar continuing to decline, front month crude prices continue to rise this session by trading near $112 a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – EUR/USD Up During The European Session Posted: 08 Apr 2011 08:30 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4436, up 0.89% at time of writing.<br/><br/> The pair was likely to find support at 1.4152, Tuesday’s low, and resistance at 1.4444, today’s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.63% to hit 0.8821 and EUR/JPY rising 1.02% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Canadian Dollar: The Downside Prevails Posted: 08 Apr 2011 08:19 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Australian Dollar: Under Pressure Posted: 08 Apr 2011 08:19 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 08 Apr 2011 08:16 AM PDT Dell Inc. (NASDAQ:DELL) has long been working to go beyond its traditional PC and server business into the higher-end data storage market. Dell is now planning to spend a handsome $1.0 billion to build its cloud computing business. |
Posted: 08 Apr 2011 08:16 AM PDT With a slowdown in mortgage refinancing and home loans, Wells Fargo & Co.(NYSE:WFC) is shedding 1,900 employees from its mortgage unit, according to media reports. This represents less than 1% of its total workforce. |
Posted: 08 Apr 2011 08:16 AM PDT According to the regulatory documents filed on Thursday, JPMorgan Chase & Co. (NYSE:JPM) stated that it has raised its CEO, Mr. Jamie Dimon's total compensation by more than 50% for 2010. The CEO's pay surged to $23 million in 2010 as against $15.2 million in 2009. |
PNC Hikes Dividend, Plans Buyback Posted: 08 Apr 2011 08:16 AM PDT PNC Financial Services Group Inc. (NYSE:PNC) is the latest bank to raise its dividend and announce share buyback plans. With this move, the company joins the bandwagon of Wall Street banks that won Federal regulators approval and hike dividends following the second round of stress test results. |
HTC Sees Quarterly Net Income Nearly Triple Posted: 08 Apr 2011 03:00 AM PDT 04/08/11 Smartphone maker HTC Corp. announced Friday that its quarterly net income nearly tripled on strong demand for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Word From The Floor: US Stocks Gain At Open Posted: 08 Apr 2011 07:55 AM PDT 04/08/11 US equities posted a modest gain, as commodities extended gains. Crude oil topped $111/bbl, and gold soared to new record … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
WSJ Interactive Map/Graphic Of Global Int. Rates Posted: 08 Apr 2011 07:47 AM PDT Here’s a really interesting interactive WSJ map/graphic of global central bank interest rates, on a monthly basis back to May 2004. If you watch the monthly time series, you’ll see that the U.S. Fed started lowering interest rates in September 2007, about a year ahead of the interest rate cuts in Europe that started in October 2008. Now the ECB has moved ahead of the Fed by raising rates this month by a quarter point to 1.25%, thus the title of the graphic “Europe’s Rate Rise … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – GBP/JPY Up In European Trading Hours Posted: 08 Apr 2011 07:40 AM PDT Forex Pros – The British Pound was higher against the Japanese Yen on Friday.<br/><br/> GBP/JPY was trading at 139.42, up 0.59% at time of writing.<br/><br/> The pair was likely to find support at 135.20, Monday’s low, and resistance at 140.02, today’s high.<br/><br/> Meanwhile, the British Pound was up against the U.S. Dollar and down against the Euro, with GBP/USD gaining 0.38% to hit 1.6384 and EUR/GBP rising 0.47% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
USD/CHF Weekly Outlook: Getting Clues For The Intermediate Term Direction Posted: 08 Apr 2011 07:33 AM PDT USD/CHF's Breakout Targets are 0.9350 and 0.9110 (4/5) Short Term to Medium Term- The USD/CHF indeed is near the 0.9110 level now after breaking below the central equilibrium at 0.9190, as anticipated in an earlier post. |
Greg Kuenzel On The Exploration Trail In Austria With Noricum Gold Posted: 08 Apr 2011 04:26 AM PDT Eight years ago, Greg Kuenzel swapped life as corporate finance advisor in Perth, Western Australia, for an opportunity to join the Australian mining crowd in London. Having spent several years working with small exploration companies he had developed a taste for the sector and has since been involved in a number of junior resource stocks. Last December he brought his latest venture to the Alternative Investment Market. As the chief executive of Noricum Gold (LON:NMG), Kuenzel is eyeing the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
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