Wednesday, April 6, 2011

DailyMarkets.com - HIW Leases Office Space To Belden

DailyMarkets.com - HIW Leases Office Space To Belden


HIW Leases Office Space To Belden

Posted: 06 Apr 2011 11:25 AM PDT

Highwoods Properties Inc. (NYSE:HIW), a real estate investment trust (REIT), has recently signed a lease agreement for 6,900 square feet of office space in its Southwind Office Center Building C in Memphis for an undisclosed amount. The lessee was Belden, Inc. (NYSE:BDC), one of the largest U.S.-based manufacturers of high-speed electronic cables and networking products for industrial automation, transportation, infrastructure and consumer electronics markets.
With the deal, the office building is … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Hot Option Plays: Grind Continues

Posted: 06 Apr 2011 11:19 AM PDT

Cusick’s Corner
The grind continued into the close. Overnight markets will be watched closely, especially in China and then early morning the EU. In China there is growing speculation that the tightening has slowed growth and now there is potential evidence in inventory builds, most notably copper. This is a story that will be watched closely into the new earnings season and while the VIX is low, could be a catalyst to break out of this grind. See you Midday.
Stocks finished mixed in quiet … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Hot Option Plays: Equity Markets At Even Keel

Posted: 06 Apr 2011 11:19 AM PDT

Cusick’s Corner
Action in Asia and the EU overnight and into the morning was positive enough to keep the equity markets at an even keel. There also has been a lot of action in Gold, GCJ11 +6, which is being built into a lot of portfolios as a currency play or a market uncertainty play. We are also seeing some decent activity in Natural Gas, QGK11, now that the Nat Gas act is back in play in Washington. Nat Gas has been under some pressure but this could be the catalyst that is needed to … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – AUD/USD Up In U.S. Trade

Posted: 06 Apr 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 1.0433, up 1.01% at time of writing.<br/><br/> The pair was likely to find support at 1.0289, Tuesday&rsquo;s low, and resistance at 1.0450, today&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.25% to hit 1.3737 and AUD/JPY rising 1.59% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


A Ray Of Hope For Housing

Posted: 06 Apr 2011 11:05 AM PDT

There is a ray of hope in the otherwise dismal housing market. This morning, REIS Inc., a real estate data firm, announced that the apartment vacancy rate had fallen to 6.2% in the first quarter of 2011, down from 6.6% in the fourth quarter and 8.0% in the first quarter of 2010.

That is the lowest apartment vacancy rate since the second quarter of 2008. Over 44,000 net apartments found tenants in the quarter, almost double the number of a year ago.

Meanwhile, there were only 6,000 new units … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Chesapeake’s CNG Mission

Posted: 06 Apr 2011 11:05 AM PDT

Oil prices have skyrocketed over the last few weeks following political turbulence in the Middle East and persistently growing demand for oil. The supply-demand discrepancy calls for an alternative energy that could compensate for the expensive lubricate. In this regard, Chesapeake Energy Corporation's (NYSE:CHK) mission to convert its entire 4,200 vehicle fleet to compressed natural gas (CNG) is indeed commendable.
Last year in May, the company announced its plan to run its entire fleet by CNG … [visit site to read more] or compare Best Credit Cards and Best CD Rates


DineEquity Dissolves Lease Contract

Posted: 06 Apr 2011 11:05 AM PDT

DineEquity Inc. (NYSE:DIN), operating under Applebee’s Neighborhood Grill & Bar and IHOP brands, recently penned an agreement to end its lease with Lexington LAC Lenexa L.P., an affiliate of Lexington Realty Trust and property owner of the commercial space, currently occupied by Applebee’s headquarters in Lenexa, Kansas. Per the agreement, DineEquity expects the cash lease termination fee to be paid during the second half of 2011.
Applebee’s will shift its approximately 350 employees to a … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Polish Central Bank Raises Rate 25bps To 4.00%

Posted: 06 Apr 2011 10:56 AM PDT

The Narodowy Bank Polski raised its reference rate by 25 basis points to 4.00% from 3.75% previously in effort to rein in rising inflation and inflation expectations. Poland last reported inflation of 3.6% in February, compared to present consumer inflation expectations of 4.6% for the next 12 months; both above the 2.5% inflation target. The move comes ahead of the European Central Bank’s April decision, which is likely to also see a 25 basis point increase in the ECB’s policy … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Bearish Options Player Fashions Put Butterfly Spread On Retail SPDR ETF

Posted: 06 Apr 2011 10:49 AM PDT

Bearish options player fashions put butterfly spread on Retail SPDR ETF
Today’s tickers: XRT, TSN, CVS & AXL
SPDR S&P Retail ETF (XRT) – A large bearish put butterfly spread on the retail ETF this afternoon suggests one options strategist is positioning for a pullback in the price of the underlying ahead of May expiration. Shares in the XRT, an exchange-traded fund that tracks the performance of the S&P Select Industry Index, are down 0.20% to stand at $51.87 as of 12:30pm in New … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – NZD/USD Up During The U.S. Session

Posted: 06 Apr 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 0.7786, up 1.32% at time of writing.<br/><br/> The pair was likely to find support at 0.7582, Friday&rsquo;s low, and resistance at 0.7808, today&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.32% to hit 1.3397 and EUR/NZD falling 0.56% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Equinix Expands In Dallas

Posted: 06 Apr 2011 10:35 AM PDT

Leading data center solutions provider Equinix Inc. (NASDAQ:EQIX) announced the opening of its fifth International Business Exchange (IBX) data center in Dallas, Texas. The opening marks the first phase of the company's two-phase expansion plan and is expected to strengthen its footprint in the U.S. It will also serve the growing demand for interconnection and colocation services in Dallas, the fourth largest metro in the country.
The company has added a total of 450 cabinets in the first phase, … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Wells Fargo & SEC Settle CDO Claims

Posted: 06 Apr 2011 10:35 AM PDT

Wells Fargo & Co. (NYSE:WFC) has agreed to settle charges related to the sale of two collateralized debt obligations (CDOs) with the Securities and Exchange Commission (SEC). The CDOs were sold by Wachovia Capital Markets LLC, a company that Wells Fargo acquired in 2008.
According to the SEC, Wachovia has been found guilty of misconduct with regard to the sale of the CDOs, which were linked with the performance of residential mortgage-backed securities in late 2006 and early 2007.
Wells Fargo … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Delta Sees Lighter Traffic In March

Posted: 06 Apr 2011 10:35 AM PDT

Delta Air Lines Inc. (NYSE:DAL), the second largest U.S. airline, reported a 0.5% year-over-year traffic increase in March. Airline traffic is measured in billions of revenue passenger miles, which implies one mile flown by one passenger.
On a year-over-year basis, capacity (or, available seat miles) grew 6.2% and load factor (percentage of seats filled with passengers) fell 450 basis point (bps).
Domestic traffic inched up 0.7% year over year on capacity increase of 3.2%, partially offset by a … [visit site to read more] or compare Best Credit Cards and Best CD Rates


People’s Bank Of China Lifts Rate 25bps To 6.31%

Posted: 06 Apr 2011 10:35 AM PDT

The People’s Bank of China raised its main policy rate, the 1-year lending rate, by 25 basis points to 6.31% from 6.06% previously. The Bank also raised the one-year deposit rate by 25 basis points to 3.25% from 3.00% previously. The move is the latest in a string of policy actions, e.g. reserve requirement adjustments, loan controls, etc, aimed at reducing consumer price inflation and controlling surging property prices. China last reported inflation of 4.9% in February this year, some … [visit site to read more] or compare Best Credit Cards and Best CD Rates


“Be Careful Housing Isn’t In For A Double-dip”

Posted: 06 Apr 2011 10:30 AM PDT

04/06/11 Doreen, Mogavero & Co.’s Doreen Mogavero weighs in soaring commodities, and discusses expectations for the upcoming earnings … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Reserve Bank Of Australia Holds Rate At 4.75%

Posted: 06 Apr 2011 10:26 AM PDT

The Reserve Bank of Australia held its cash rate unchanged at 4.75% with the Bank judging the rate as appropriate given the general macroeconomic outlook. On inflation, the Bank noted “Inflation is consistent with the medium-term objective of monetary policy, having declined significantly from its peak in 2008.” and further commented that “Overall, looking through these temporary effects, the Bank expects that inflation over the year ahead will continue to be consistent with the 2–3 per … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Euro Touches 14-month High Vs. Dollar

Posted: 06 Apr 2011 05:00 AM PDT

04/06/11 With speculation growing that tomorrows ECB policy meeting will see an interest rate hike, the euro has rallied to touch a 14-month high against the dollar this … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – GBP/USD Up In U.S. Trade

Posted: 06 Apr 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 1.6316, up 0.12% at time of writing.<br/><br/> The pair was likely to find support at 1.5973, Friday&rsquo;s low, and resistance at 1.6363, today&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.58% to hit 0.8779 and GBP/JPY rising 0.63% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Will Big Banks Report A Gloomy 1Q?

Posted: 06 Apr 2011 09:55 AM PDT

The first quarter earnings season is knocking at the door, and we foresee the big banks reporting a slump. Results for the banks might be significantly marred by weak trading and investment banking performances. Though the expectations are at the bear run, we will have to wait until the results are out.
Improvement in equity markets and a reduction in reserves for future losses are primarily expected to benefit the quarter's results. However, glacial-paced customer trading in fixed income, … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Monsanto Beats Zacks Estimates

Posted: 06 Apr 2011 09:55 AM PDT

Monsanto Company (NYSE:MON) posted earnings per share of $1.87  from its ongoing business in the second quarter of fiscal 2011 compared with $1.70 in the year-earlier quarter, beating the Zacks Consensus Estimate of $1.84. The increase was attributed to revenue growth as well as increased operating margin.
During the quarter, net income was $1,017 million compared with $887 million in the year-earlier quarter.
Revenues were up 6% to $4,129 million from $3,890 million in the year-earlier … [visit site to read more] or compare Best Credit Cards and Best CD Rates


FDA Panel Nods Optimer’s Dificid

Posted: 06 Apr 2011 09:55 AM PDT

Optimer Pharmaceuticals Inc. (NASDAQ:OPTR) received a major boost when an advisory panel of the US Food and Drug Administration (FDA) unanimously recommended approval of its lead pipeline candidate, Dificid (fidaxomicin), for the treatment of Clostridium difficile infection (CDI) and for reducing the risk of recurrence when used for treatment of initial CDI. CDI is the most common nosocomial or hospital-acquired diarrhea.
The Anti-Infective Drugs Advisory Committee (AIDAC) voted 13-0 to recommend … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Marathon Sheds Stake In Oil Project

Posted: 06 Apr 2011 09:55 AM PDT

Leading integrated oil and gas company Marathon Oil Corporation (MRO) announced plans to sell a part of its stake in the Niobrara shale oil project to a unit of the Japanese company Marubeni Corporation for $270 million. The deal is stated to be completed by the end of April 2011.
Per the terms of the agreement, the subsidiary, Marubeni Denver Julesburg LLC, will purchase 30% working interest in the 180,000 net acres in the DJ Basin of southeast Wyoming and northern Colorado. The deal values … [visit site to read more] or compare Best Credit Cards and Best CD Rates


European Markets Close Higher; Dax Up 0.55%

Posted: 06 Apr 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&rsquo;s DAX rose 0.55%, London&rsquo;s FTSE 100 gained 0.57%, France&rsquo;s CAC 40 climbed 0.16% and the EURO STOXX 50 was up 0.70%.<br/><br/> Meanwhile, on Wall Street, equity markets were mixed after the open. The Dow Jones Industrial Average was up 0.11%; the S&P 500 index shed 0.04%, while the Nasdaq 100 index declined … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Weekly Quad Index Perspective At New Highs

Posted: 06 Apr 2011 09:44 AM PDT

A lot of us intraday traders hyper-focus on the intraday charts and might come to one conclusion, but if we pull the perspective back to the higher timeframes, we might have an "A-ha" moment and see the broader picture that the intraday charts can't reveal.
Namely, the Russell 2000 just touched all-time highs, the NASDAQ 100 recently broke above its 2007 "Bear Market" high, and the actual NASDAQ is mere points away from breaking through its 2007 peak.
The S&P 500 and Dow Jones, … [visit site to read more] or compare Best Credit Cards and Best CD Rates


USD/CHF In Expansion Pattern; 0.9090 Is Key Pivot

Posted: 06 Apr 2011 09:40 AM PDT

USD/CHF's Breakout Targets are 0.9350 and 0.9110 (4/5)
USD/CHF

Short Term to Medium Term- The USD/CHF failed the upside break above 0.9273. There was an attempt, but as we saw in the 1H chart, the market immediately reversed the breakout, making it a "clear-out".
- After completing this 3-wave correction, the market followed with a very strong decline in the European session. As we entered the US session, the market stalled, respecting a pivot at 0.9140.
- We see in the 4H chart, that … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Campbell To Underperform

Posted: 06 Apr 2011 09:35 AM PDT

We have downgraded our rating from ‘Neutral’ to 'Underperform' on Campbell Soup Co. (NYSE:CPB) as the company recorded yet another weak operating performance in the second quarter of 2011. The company's earnings per share inched down 4% to  71 cents per share from 74 cents per share in the year-ago period primarily due to contraction in top line and operating margin, resulting from adverse product mix, rising commodity cost and increased advertisement and promotional expenses. We have a … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Blog Stats

Posted: 06 Apr 2011 09:13 AM PDT

According to BlogPulse, there are more than 159 million blogs, and 68,825 new blogs have been created in just the last 24 … [visit site to read more] or compare Best Credit Cards and Best CD Rates


ONEOK Replaces Credit Facility

Posted: 06 Apr 2011 09:05 AM PDT

Diversified energy company ONEOK Inc. (NYSE:OKE) announced that it has entered into a new credit facility with a bank syndicate group replacing the existing credit facility.
The new five-year senior unsecured revolving credit facility of $1.2 billion will be supported by a consortium of 18 banks. The existing $1.2 billion credit facility of the company will expire on June 2011 and the new facility replacing it will be valid till April 2016.
The new credit agreement has an option which will allow … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Dr. Reddy’s-Valeant Collaborate

Posted: 06 Apr 2011 09:05 AM PDT

Dr. Reddy's Laboratories (NYSE:RDY) recently announced that it entered into a collaboration agreement with Valeant Pharmaceuticals International Inc. (NYSE:VRX) for the US rights to Cloderm Cream, 0.1%. Per the terms of the agreement, Dr. Reddy's will make an upfront payment to Valeant Pharma for the rights to manufacture, distribute and market Cloderm Cream in the US. Valeant Pharma is also entitled to receive royalties on future sales of the product.
Cloderm Cream, 0.1%, which is available only … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Wright Appoints Interim CEO

Posted: 06 Apr 2011 09:05 AM PDT

Wright Medical Group (NASDAQ:WMGI), a leading orthopedic company, recently announced that its Board of Directors has selected Mr. David D. Stevens as interim President and CEO with immediate effect. He will continue to be the Chairman of the Board.
Mr. Stevens comes in place of Mr. Gary D. Henley who resigned, on April 4, 2011, from his position as CEO and President as well as a director. Mr. Henley had held these positions since 2006. He submitted his resignation ahead of a Board meeting to discuss … [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: 06 Apr 2011 09:00 AM PDT

Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4332, up 0.77% at time of writing.<br/><br/> The pair was likely to find support at 1.4062, Friday&rsquo;s low, and resistance at 1.4349, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.66% to hit 0.8786 and EUR/JPY rising 1.25% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Commerce Bancshares Stays Neutral

Posted: 06 Apr 2011 08:29 AM PDT

We continue to maintain our long-term "Neutral" recommendation on Commerce Bancshares Inc. (NASDAQ:CBSH). Although the company has the scope to expand inorganically with its excellent liquidity position, we remain cautious on the company's loan volumes and non-performing asset positions, which need to be improved in order to gain a foothold in the industry. Nevertheless, the rating upgrade by Moody's would act as a positive catalyst.
In December 2010, Moody’s Investors Service, the rating … [visit site to read more] or compare Best Credit Cards and Best CD Rates


ERTS Launches Digital NBA Game

Posted: 06 Apr 2011 08:28 AM PDT

Video game developer and publisher, Electronic Arts Inc. (ERTS) announced that a new digital version of NBA JAM will be available for download from October, 2011.
The new NBA JAM: On Fire Edition will be compatible with Sony Corp.'s (SNE) PlayStation 3 and Microsoft Corp.'s (MSFT) Xbox 360 systems. The game will be available on the PlayStation Network and Xbox LIVE Arcade.
The NBA JAM: On Fire Edition has a number of new exciting features and enhancements, including advanced artificial … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Apple Loses Weight

Posted: 06 Apr 2011 08:28 AM PDT

Apple Inc(NASDAQ:AAPL) was attributed a lower weight in the tech-heavy Nasdaq 100 due to the rebalancing of the index by the Nasdaq OMX Group that is responsible for maintaining the Nasdaq index, effective May 2, 2011.
Apple currently represents about 20.49% of the total index weight and post rebalancing, Apple will carry a weight of approximately 12.33%. This significant reduction is on account of the Nasdaq OMX Group's realignment policy, which is based on respective market capitalizations of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


EMC Releases New DCA Products

Posted: 06 Apr 2011 08:28 AM PDT

EMC Corp. (EMC), a leading provider of information infrastructure solutions, released three new additions to Greenplum's Data Computing Appliance (DCA) products known as the High Capacity DCA, the High Performance DCA and the Data Integration Accelerator. EMC also announced the release of Greenplum Database version 4.1.
EMC acquired Greenplum in July 2010 and introduced EMC Greenplum Data Computing Appliance in October 2010. This integrated data warehousing system was built by using … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Cephalon Rejects VRX’ $73/Share Bid

Posted: 06 Apr 2011 08:28 AM PDT

Cephalon Inc. (NASDAQ:CEPH) recently announced that its board of directors has rejected Canadian drug company Valeant Pharmaceuticals International Inc.'s (NYSE:VRX) unsolicited bid to acquire it for $5.7 billion in cash. Last month Valeant Pharma had proposed to pay $73 for each share of Cephalon by initially approaching the latter's board privately. The Cephalon board has found the offer too low and not in the best interest of its shareholders.
Cephalon believes Valeant Pharma's offer … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Crude Remains Above $108

Posted: 06 Apr 2011 08:15 AM PDT

04/06/11 Prior to the release of EIA inventory data figures, front month crude prices remained above $108 on continued unrest in Libya and a weak … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Bullish Reversal On SM Development Corporation (SMDC)?

Posted: 06 Apr 2011 07:59 AM PDT

The property sector appears to be taking the spotlight from everyone else. First it was Megaworld Corporation (kindly see my colleague's post here) which took the bullish cue. Now, it is the Henry Sy-backed SM Development Corporation or SMDC in the Philippine Stock Exchange which is making the headlines!
The shares of SMDC had slipped backed to around PHP 7.00 on February after it reached a high of PHP 10.22 last September 2010. It then continued to consolidate within a cup and handle … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – Dollar Broadly Lower Vs. Rivals As ECB In Focus

Posted: 06 Apr 2011 07:54 AM PDT

Forex Pros – The U.S. dollar was down against most of its major counterparts on Wednesday, as the euro rallied ahead of an expected rate hike by the European Central Bank and the yen struggled with the Bank of Japan looking set to lag other central banks in tightening policy.<br /><br />During U.S. morning trade, the greenback was sharply lower against the euro, with EUR/USD rallying 0.80% to hit 1.4335.<br /><br />The ECB was widely expected to raise interest rates … [visit site to read more] or compare Best Credit Cards and Best CD Rates


EUR/USD Daily Outlook For April 7, 2011

Posted: 06 Apr 2011 07:53 AM PDT

By ForexMansion.com
 
The EUR/USD pair appreciated unexpectedly Wednesday as China hiked interest rates for the third time this year, spreading pessimism among investors in regards of inflation threats and its effects on global recovery.
Furthermore, the Euro rose as debt woes continue to dominate the continent, where Moody's Investors Services downgraded Portugal's credit rating by one-notch while setting the rate on review for further cut as prospects of gaining a bailout from EU-IMF … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Word From The Floor: US Markets Post Modest Gains

Posted: 06 Apr 2011 02:40 AM PDT

04/06/11 US stocks advanced, with strong gains in the technology sector. Commodities rose, with gold hitting record … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – Pound Slips Against Dollar After Weak U.K. Industrial Data

Posted: 06 Apr 2011 07:40 AM PDT

Forex Pros – The pound slipped against the U.S. dollar on Wednesday, following a report showing that British industrial output fell unexpectedly in February, raising doubts over a near-term rate increase by the Bank of England.<br /><br />GBP/USD retreated from 1.6363, a two-week high, to hit 1.6314 during U.S. morning trade, up 0.12% on the day.<br /><br />Cable was likely to find support at 1.6090, Monday&rsquo;s low and resistance at 1.6363, the days high.<br … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Natural Gas Prices Fall To Lowest Levels Since 2002

Posted: 06 Apr 2011 07:33 AM PDT

While rising oil and gas prices have captured all of the media attention lately, there's another energy story about falling prices that has gone largely unreported. According to data released last week by the Department of Energy, natural gas prices for residential consumers fell to a seven-year low in January of $9.80 per 1,000 cubic feet. When adjusted for inflation, American consumers haven't had cheaper natural gas since December 2002, more than nine years ago (see top chart above, … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – EUR/USD Trading Close To 14-month High As ECB Awaited

Posted: 06 Apr 2011 07:17 AM PDT

Forex Pros – The euro was trading close to a 14-month high against the U.S. dollar on Wednesday, as markets positioned themselves for an expected euro zone interest rate increase later in the week.<br /><br />EUR/USD hit 1.4317 during U.S. morning trade, the pair&rsquo;s highest since January 19, 2010; the pair subsequently consolidated at 1.4305, advancing 0.59%.<br /><br />The pair was likely to find support at 1.4114, last Thursday&rsquo;s low and short-term … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Immunodiagnostic Systems Beats Forecasts As Testing Kit Sales Surge

Posted: 06 Apr 2011 02:00 AM PDT

Immunodiagnostic Systems (LON:IDH), the AIM quoted company that makes diagnostic testing kits for the clinical and research markets, said this morning that sales in the full year to March 31, 2011, were set to come in 35% higher than last year at around £50.1m. IDS in behind a range diagnostic tests with a focus on immunoassays used in bone disease, such as vitamin D and bone formation and loss markers.

In today's update, the company said revenues from manual vitamin D kits had increased by … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Clontarf Energy Rejoins AIM Ahead Of Oil And Gas Exploration And Production Plans

Posted: 06 Apr 2011 01:32 AM PDT

Clontarf Energy (LON:CLON) , an oil and gas exploration and development company, was re-admitted to the AIM market this morning and raised £2.7m in a share placing priced at 6p per share. Clontarf is the result of a series of deals overseen in recent months by its chairman John Teeling, the well-known resources entrepreneur.

The move started last summer when Teeling announced that his ailing Iran-focused gold exploration venture Persian Gold plc, was set to buy Hydrocarbon Exploration plc in … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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