DailyMarkets.com - No Disguising This Horror Story
DailyMarkets.com - No Disguising This Horror Story |
- No Disguising This Horror Story
- Forex – EUR/USD Up In Asian Trade
- Label Expansion For Lap-Band
- Exxon And HAL Ink Drilling Deal
- Hot Option Plays: Catalysts Bulls May Look For
- Forex – USD/JPY Up During Asian Trade
- EIX To Construct Wind Farm
- Data On Vivus’ Qnexa Published
- IBM Enhances WebSphere
- Opnext Cuts Revenue Guidance
- US Gas Prices To Rise During Summer Driving Season
- Forex Notes: CHF-Strength Assessment In EUR/CHF, GBP/CHF, USD/CHF, And CHF/JPY
- Neutral On ANADIGICS
- Forex – NZD/USD Up In Asian Trade
- The Day Ahead: Earnings – JP Morgan, Fed’s Beige Book, US Retail Sales, Business Inventories, EIA Oil Inventories
- Bullish On Magellan Near-Term
- EPA OKs Dow’s Seed Product
- Earnings Scorecard: Bed Bath & Beyond
- Merck In JV With Sun Pharma
- P&G Raises Dividend
- Stocks To Watch On Wednesday
- Nokia Reverts Back To Symbian
- Macy’s Reports Higher Sales
- Closing Bell Market Monitor: XOM, GIL, AA
- Stock Market Summary For Tuesday, April 12, 2011
- Omnicom Expands In India
- Earnings Scorecard: Rite Aid
- Haemonetics To Discuss Plans
- CA Builds On Virtualization
- Forex – EUR/USD Up At The End Of U.S. Session
- Forex – USD/JPY Down Toward The End Of U.S. Session
- Luminex MAGPIX Wins MDEA
- Cutera’s GenesisPlus Laser Cleared
- Franklin’s March AUM Improves
- Forex – EUR/USD Up Toward The End Of U.S. Session
- Looking Ahead To Tomorrow’s Global Session – Wednesday, April 13th
- U.S. Markets Close Lower; Dow Jones Down 0.95%
- Semi Equipment Nose-Diving
- More Interesting Voices
- Mr. President: Why Medicare Isn’t The Problem, It’s The Solution
- Analyst Interviews: Airline Industry Outlook
- UBS Faces FINRA Fines
- Forex – GBP/USD Down During The U.S. Session
- Dimebon Disappoints Again
- Rating Action On W.R. Berkley
- Target’s Sales Drop
- Hot Option Plays: Is This A Sell-Off Or Consolidation?
- EUR/USD Fundamental Analysis For April 13, 2011
- GBP/USD Fundamental Analysis For April 13, 2011
- Forex News – Alcoa Spreads Pessimism Over The Earnings Season, While Oil And Gold Drop Heavily.
- USD/CHF Fundamental Analysis For April 13, 2011
- Gold Fundamental Analysis For April 13, 2011
- Medtronic Deals With Diabetes Better
- Forex – USD/CAD Up In U.S. Trade
- Ford Fears Production Halt
- Q1 Mall Vacancy Rate Rises In The US
- HCP Buys HCR Manor Care
- Toyota Recalls Its Best In Vietnam
- Red Robin Expands In California
- Earnings Preview: JPMorgan
- German Investor Confidence Takes A Steep Dive
- Forex – EUR/USD Up In U.S. Trading Hours
- U.S. Federal Budget Balance Rises Less-than-expected
| No Disguising This Horror Story Posted: 12 Apr 2011 05:13 PM PDT Pastel colors, soft lines, and cartoon imagery can often transform an ugly picture into something more palatable. Source: Middle Class Meltdown: Sink Or Swim Time
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| Forex – EUR/USD Up In Asian Trade Posted: 12 Apr 2011 05:05 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4485, up 0.06% at time of writing.<br/><br/> The pair was likely to find support at 1.4291, Friday’s low, and resistance at 1.4519, Tuesday’s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.03% to hit 0.8904 and EUR/JPY rising 0.42% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 12 Apr 2011 04:35 PM PDT Allergan Inc. (NYSE:AGN) recently said that the US Food and Drug Administration (FDA) cleared Allergan's Lap-Band System for use in weight reduction of obese adults who have failed conservative weight reduction alternatives and have a Body Mass Index (BMI) of 30-40 with at least one co-morbid condition.
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| Exxon And HAL Ink Drilling Deal Posted: 12 Apr 2011 04:35 PM PDT ExxonMobil Iraq Limited, a subsidiary of ExxonMobil Corporation (NYSE:XOM) has contracted US oilfield services company, Halliburton Company (NYSE:HAL) to provide drilling services in its West Qurna (Phase 1) oilfield in southern Iraq. Financial terms of the agreement were not disclosed.
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| Hot Option Plays: Catalysts Bulls May Look For Posted: 12 Apr 2011 04:18 PM PDT Cusick’s Corner
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| Forex – USD/JPY Up During Asian Trade Posted: 12 Apr 2011 04:15 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Tuesday.<br/><br/> USD/JPY was trading at 83.62, up 0.05% at time of writing.<br/><br/> The pair was likely to find support at 83.47, today’s low, and resistance at 85.48, Thursday’s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.02% to hit 1.4473 and GBP/USD falling 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 12 Apr 2011 03:55 PM PDT Edison International (NYSE:EIX) announced that its subsidiary Edison Mission Energy (EME) along with US Wind Force, LLC, has started the construction of a wind farm. The 23-turbine wind farm christened Pinnacle Wind Farm will be built on Green Mountain near Keyser, West Virginia.
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| Data On Vivus’ Qnexa Published Posted: 12 Apr 2011 03:55 PM PDT Recently, encouraging data were published on Vivus, Inc.'s (NASDAQ:VVUS) weight loss candidate, Qnexa, in the journal, The Lancet. The 56-week late stage study (CONQUER: n=2,487) evaluated the safety and efficacy of Qnexa in overweight/obese patients suffering from high blood pressure, high cholesterol or type II diabetes.
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| Posted: 12 Apr 2011 03:55 PM PDT IBM Corp. (NYSE:IBM) launched the latest version of WebSphere Application Server (WAS) at the IMPACT 2011 conference. The new version of WAS is designed to increase the client’s security and control, while delivering automated enhancement for the installation, maintenance, testing and trouble shooting of business applications.
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| Posted: 12 Apr 2011 03:55 PM PDT Opnext, Inc. (NASDAQ:OPXT) recently released preliminary results for the fourth quarter. The company now expects revenues to come around $95.3 million in the fourth quarter of fiscal 2011, down from the previous guidance of $97.0 million – $102.0 million and the Zacks Consensus Estimate of $100.0 million.
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| US Gas Prices To Rise During Summer Driving Season Posted: 12 Apr 2011 03:55 PM PDT 04/12/11 The average price of gas at the pump is higher than $3.50 a gallon, across the nation. During the summer, gasoline prices are forecast to average $3.86 a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Notes: CHF-Strength Assessment In EUR/CHF, GBP/CHF, USD/CHF, And CHF/JPY Posted: 12 Apr 2011 03:50 PM PDT The Swiss Franc is currently the strongest out of the three considered as safe haven currencies, USD, JPY and CHF. In this recent environment of risk aversion, we are seeing a EUR/CHF fail to break an important resistance, GBP/CHF signaling bearish continuation, USD/CHF failing to bottom, and the CHF/JPY surging though it is flattening. - The EUR/CHF did not break the 1.32 resistance as the structure suggested it would last Friday.
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| Posted: 12 Apr 2011 03:35 PM PDT We recently reiterated our Neutral recommendation on ANADIGICS, Inc. (NASDAQ:ANAD). ANADIGICS is positioned in three fast-growing markets: 3G, Wi-Fi and CATV. The continued expanded high demand of wireless connectivity in a growing number of consumer devices, including smart phones, datacards, netbooks, notebooks and tablets, provide substantial opportunities for growth to ANADIGICS.
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| Forex – NZD/USD Up In Asian Trade Posted: 12 Apr 2011 03:35 PM PDT Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Tuesday.<br/><br/> NZD/USD was trading at 0.7846, up 0.10% at time of writing.<br/><br/> The pair was likely to find support at 0.7738, Thursday’s low, and resistance at 0.7885, today’s high.<br/><br/> Meanwhile, the New Zealand Dollar was down against the Australian Dollar and up against the Euro, with AUD/NZD gaining 0.05% to hit 1.3334 and EUR/NZD falling 0.18% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 12 Apr 2011 10:20 AM PDT 04/12/11 The stories, data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 12 Apr 2011 03:10 PM PDT Units of Magellan Midstream Partners L.P. (NYSE:MMP) hit a 52-week high of $60.72 on Friday, April 8. The oil pipeline and storage partnership has seen its unit price climb approximately 26% since the end of August last year, as investors have been buying the stock for its attractive fundamentals and positive outlook. The turnaround in fuel prices amid recent optimism about economic recovery has added to this bullishness.
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| Posted: 12 Apr 2011 03:05 PM PDT Dow AgroSciences, a wholly owned subsidiary of The Dow Chemical Company (NYSE:DOW) announced that it has received the U.S. federal regulatory approval for Refuge Advanced, a corn seed product. The product, which is built on Dow's popular SmartStax technology, has received approval of the Environmental Protection Agency (EPA). The product is designed to fight herbicide and pest resistance.
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| Earnings Scorecard: Bed Bath & Beyond Posted: 12 Apr 2011 03:05 PM PDT Bed Bath & Beyond, Inc. (NASDAQ:BBBY) recently posted its fourth-quarter 2010 results. Results came in stronger on the heels of double-digit growth in sales and higher margins. The company's earnings rose 30.2% to $1.12 per share from the year-ago earnings of 86 cents per share, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 12 Apr 2011 03:05 PM PDT Merck & Co., Inc. (NYSE:MRK) recently announced that it is setting up a joint venture (JV) with Indian multinational pharma company, Sun Pharmaceutical Industries Ltd. The joint venture is for the development, manufacture and commercialization of new combinations and formulations of innovative, branded generics in emerging markets.
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| Posted: 12 Apr 2011 03:05 PM PDT The Procter and Gamble Company (NYSE:PG) raised its quarterly dividend by 9% to 52.5 cents a share from 48.18 cents a share earlier. The hike is applicable on the company's common stock and on the Series A and Series B ESOP convertible Class A Preferred stock. The increased dividend will be paid on or after May 16, 2011 to shareholders on record as on April 29, 2011.
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| Posted: 12 Apr 2011 02:40 PM PDT ( click to enlarge ) I continue to watch Rare Element Res Ltd (REE). The volume is still large so it could potentially break out again at any moment. Further rally could be seen to retest $17.89 medium-term resistance. As long as the stock stay above $14.96 area, the bullish scenario is still intact. Technical chart shows bullish sign with MACD above the signal line and RSI above its 50% level. Next targets for the stock are $16.10 and $17.10. Only a close below $14.70 reverses the current … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 12 Apr 2011 02:35 PM PDT While the world has been waiting for Nokia's Windows Phone 7-based smartphones, Nokia Corporation (NYSE:NOK), the world's largest mobile phone maker, now stuns everyone by launching two new Symbian-based smartphone handsets, E6 and X7.
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| Posted: 12 Apr 2011 02:35 PM PDT Macy's, Inc. (NYSE:M), one of the leading department store retailers in the United States, recently posted sales results for the five-week period ended April 2, 2011.
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| Closing Bell Market Monitor: XOM, GIL, AA Posted: 12 Apr 2011 02:30 PM PDT 04/12/11 The latest in news, commentary, and information on what’s moving the US equities … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Stock Market Summary For Tuesday, April 12, 2011 Posted: 12 Apr 2011 02:23 PM PDT Investors began earnings season bidding stock prices lower as the major indexes declined between 0.8% and 1.0% after Alcoa (symbol: AA) beat their EPS forecast but missed the sales forecast. There was probably more to the reason for the declines than just Alcoa. The long side has become a crowded trade in many equities with probably few buyers remaining to drive stock prices higher at least in the short term. The action indicated investors were selling stocks and market breadth was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 12 Apr 2011 02:05 PM PDT Ketchum, the global marketing and corporate communications consultancy arm of Diversified Agency Services (DAS) division, a unit of Omnicom Group Inc. (NYSE:OMC), has acquired a majority stake in India-based Sampark PR. The financial terms of the deal were not disclosed. Management stated that the acquisition will expand Ketchum's footprints in South Asia.
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| Posted: 12 Apr 2011 02:05 PM PDT The third largest retail drugstore in the U.S. based on revenues and number of stores, Rite Aid Corporation (NYSE:RAD), recently posted its fourth-quarter 2011 results.
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| Posted: 12 Apr 2011 02:05 PM PDT Haemonetics (NYSE:HAE) will hold its annual investor and analyst day on May 12, 2011 at its corporate headquarters in Braintree, Massachusetts. Other than guidance for fiscal 2012, the company will discuss issues such as the Plasma market scenario, status of IMPACT's sales and an update on the various R&D initiatives.
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| Posted: 12 Apr 2011 02:05 PM PDT Cloud computing major CA Inc. (NASDAQ:CA) is expanding its cloud services with the introduction of CA Service Catalog that combined with CA Virtual Automation and CA Oblicore Guarantee will help the independent functioning of physical, virtual and cloud services in a cost effective way.
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| Forex – EUR/USD Up At The End Of U.S. Session Posted: 12 Apr 2011 01:55 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on Trade Balance.<br/><br/> EUR/USD was trading at 1.4480, up 0.30% at time of writing.<br/><br/> The pair was likely to find support at 1.4243, Thursday’s low, and resistance at 1.4519, today’s high.<br/><br/> Earlier in the day, official data showed that The U.S. trade balance fell more-than-expected to a seasonally adjusted -45.80B last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/JPY Down Toward The End Of U.S. Session Posted: 12 Apr 2011 01:40 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Tuesday.<br/><br/> USD/JPY was trading at 83.55, down 1.24% at time of writing.<br/><br/> The pair was likely to find support at 83.47, today’s low, and resistance at 85.48, Thursday’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.29% to hit 1.4478 and GBP/USD falling 0.56% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 12 Apr 2011 01:35 PM PDT Luminex Corporation (NASDAQ:LMNX), a developer of biological testing technologies, recently received the prestigious Medical Design Excellence Award ("MDEA") for its MAGPIX analytical instrument. MDEA, organized by the leading business-to-business media company UBM Canon, is a premier awards program which recognizes the achievements of medical devices manufacturers.
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| Cutera’s GenesisPlus Laser Cleared Posted: 12 Apr 2011 01:35 PM PDT Medical devices maker Cutera Inc (NASDAQ:CUTR) has obtained the 510 (k) clearance from the U.S. Food and Drug Administration ("FDA") for its GenesisPlus laser for treating onychomycosis (nail fungus). The California-based company's shares spiked following the news of the approval.
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| Posted: 12 Apr 2011 01:35 PM PDT Franklin Resources Inc. (NYSE:BEN) reported preliminary assets under management (AUM) of $703.5 billion by its subsidiaries for the end of March. Results were up 1.4% from $693.7 billion as of February 28, 2011 and 19.9% from $586.8 billion as of March 31, 2010.
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| Forex – EUR/USD Up Toward The End Of U.S. Session Posted: 12 Apr 2011 01:25 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on Federal Budget Balance.<br/><br/> EUR/USD was trading at 1.4478, up 0.29% at time of writing.<br/><br/> The pair was likely to find support at 1.4243, Thursday’s low, and resistance at 1.4519, today’s high.<br/><br/> Earlier in the day, official data showed that The U.S. federal budget balance rose less-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Looking Ahead To Tomorrow’s Global Session – Wednesday, April 13th Posted: 12 Apr 2011 01:10 PM PDT Cross Market Check from Tuesday's Session:
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| U.S. Markets Close Lower; Dow Jones Down 0.95% Posted: 12 Apr 2011 01:10 PM PDT Forex Pros – U.S. stocks were down after the closing bell on Tuesday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average fell 0.95%, the S&P 500 index shed 0.78%, while the Nasdaq 100 index declined 0.70%.<br/><br/> Earlier in the day, official data showed that The U.S. trade balance fell more-than-expected to a seasonally adjusted -45.80B last month from -47.00B in the preceding month whose figure was revised down from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 12 Apr 2011 01:05 PM PDT We have been watching the semi equipment stocks closely over the last few days and it seems as if our fears have been realized. Over the last five days, shares of KLA-Tencor (NASDAQ:KLAC), Novellus Systems (NASDAQ:NVLS) and Lam Research Corporation (NASDAQ:LRCX) lost 5.9%, 5.9% and 3.8%, respectively.
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| Posted: 12 Apr 2011 01:05 PM PDT In a continuing effort to provide words of wisdom from beyond the walls of Zacks, here are a few things that I think people should find to be interesting. The views expressed in the articles are not always shared by either myself or Zacks, but I do find them thought provoking. Back to Basics Tim Duy, a Professor of Economics at the University of Oregon, has a nice overview of the debate going on within the Fed over the likelihood of inflation rising substantially. He argues that while … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Mr. President: Why Medicare Isn’t The Problem, It’s The Solution Posted: 12 Apr 2011 12:55 PM PDT I hope when he tells America how he aims to tame future budget deficits the President doesn't accept conventional Wasington wisdom that the biggest problem in the federal budget is Medicare (and its poor cousin Medicaid).
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| Analyst Interviews: Airline Industry Outlook Posted: 12 Apr 2011 12:55 PM PDT In a major turnaround, the airline industry recorded $16 billion in profits last year, after losing $16 billion in 2008 and $9.9 billion in 2009. But 2010 was most likely an earnings peak, as a host headwinds have come together to bring down industry profits. The International Air Transport Association (IATA) expects 2011 profits softening to the level of $8.6 billion from its previous expectation of $9.1 billion. The factors weighing on earnings include the escalating fuel prices, weak … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 12 Apr 2011 12:55 PM PDT UBS AG (NYSE:UBS) has hit the headlines again, this time for a wrong reason. Its wealth management services unit has been fined by the Financial Industry Regulatory Authority (FINRA) for misleading investors about the risks associated with certain notes of Lehman Brothers Holdings it sold.
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| Forex – GBP/USD Down During The U.S. Session Posted: 12 Apr 2011 12:45 PM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Tuesday after the release of U.K. data on CPI.<br/><br/> GBP/USD was trading at 1.6253, down 0.57% at time of writing.<br/><br/> The pair was likely to find support at 1.6228, today’s low, and resistance at 1.6427, Friday’s high.<br/><br/> Earlier in the day, official data showed that Consumer price inflation in the U.K. rose less-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 12 Apr 2011 12:35 PM PDT Medivation, Inc. (NASDAQ:MDVN) suffered another development setback recently with its phase III candidate, dimebon, failing to achieve the primary endpoints in a phase III study for Huntington disease.
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| Posted: 12 Apr 2011 12:35 PM PDT A.M. Best reiterated issuer credit ratings (ICR) and debt ratings of "a-" on senior unsecured notes and "bbb" on trust preferred securities of W.R. Berkley Corporation (NYSE:WRB). The outlook for all ratings is stable.
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| Posted: 12 Apr 2011 12:35 PM PDT Target Corporation (NYSE:TGT) recently posted sluggish sales for the five-week period ended April 2, 2011 due to a shift in Easter holiday to April 24 this year from April 4 in the previous year.
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| Hot Option Plays: Is This A Sell-Off Or Consolidation? Posted: 12 Apr 2011 12:18 PM PDT Cusick’s Corner
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| EUR/USD Fundamental Analysis For April 13, 2011 Posted: 12 Apr 2011 12:17 PM PDT By ForexMansion.com
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| GBP/USD Fundamental Analysis For April 13, 2011 Posted: 12 Apr 2011 12:16 PM PDT By ForexMansion.com
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| Forex News – Alcoa Spreads Pessimism Over The Earnings Season, While Oil And Gold Drop Heavily. Posted: 12 Apr 2011 12:15 PM PDT By ForexMansion.com
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| USD/CHF Fundamental Analysis For April 13, 2011 Posted: 12 Apr 2011 12:14 PM PDT By ForexMansion.com
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| Gold Fundamental Analysis For April 13, 2011 Posted: 12 Apr 2011 12:13 PM PDT By CommoditiesMansion.com
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| Medtronic Deals With Diabetes Better Posted: 12 Apr 2011 12:10 PM PDT Medtronic (NYSE:MDT) has strengthened its diabetes portfolio with the launch of Enlite Sensor in more than 35 countries outside the US. The product is an advanced glucose sensor for continuous glucose monitoring (CGM) and help type I diabetic patients to predict and detect hypoglycemia (low blood sugar).
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| Forex – USD/CAD Up In U.S. Trade Posted: 12 Apr 2011 12:10 PM PDT Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Tuesday after the release of U.S. data on Federal Budget Balance.<br/><br/> USD/CAD was trading at 0.9616, up 0.53% at time of writing.<br/><br/> The pair was likely to find support at 0.9527, Friday’s low, and resistance at 0.9656, today’s high.<br/><br/> Earlier in the day, official data showed that The U.S. federal budget balance rose less-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 12 Apr 2011 12:05 PM PDT Ford Motor Co. (NYSE:F) alerted that it may have to suspend or slow down production at its plants in Asia-Pacific due to a shortage in supply of parts following the earthquake and tsunami in Japan on March 11 that killed many people, broke down infrastructure and triggered a nuclear crisis.
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| Q1 Mall Vacancy Rate Rises In The US Posted: 12 Apr 2011 12:05 PM PDT According to a report by property research firm Reis Inc., the U.S. mall vacancy rate surged to 9.1% in first quarter 2011 from 8.7% in the previous quarter, despite a rise in shopping activities with the gradual revival of the economy. The report disclosed that the current mall vacancy rate was the highest ever recorded in the last decade, signifying a decline in demand for retail space. The report further revealed that the present strip mall vacancy rate was relatively flat at 10.9% compared … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 12 Apr 2011 12:05 PM PDT HCP, Inc. (HCP), a real estate investment trust (REIT), has acquired 334 skilled nursing facilities of HCR Manor Care for a total purchase price of $6.1 billion in cash. HCR Manor Care will continue to operate the facilities under the long term triple net lease agreement under which the lessee pays all taxes, insurance and maintenance expense on the property.
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| Toyota Recalls Its Best In Vietnam Posted: 12 Apr 2011 12:05 PM PDT Toyota Motor Corp. (NYSE:TM) announced that it would recall 8,000 units of Innova minivans in Vietnam due to three defects, including a faulty pressure cylinder for rear wheel brakes.
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| Red Robin Expands In California Posted: 12 Apr 2011 12:05 PM PDT Colorado-based Red Robin Gourmet Burgers Inc. (RRGB), which currently operates 450 restaurants across the United States and Canada, is set to open a new restaurant in Woodland, California on April 25, 2011.
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| Posted: 12 Apr 2011 12:05 PM PDT JPMorgan Chase & Co. (NYSE:JPM) is scheduled to report its first quarter 2011 results before the market opens on Wednesday, April 13, 2011. The Zacks Consensus Estimate for the quarter is $1.16 per share, representing a growth of about 57% over the year-ago quarter.
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| German Investor Confidence Takes A Steep Dive Posted: 12 Apr 2011 11:45 AM PDT 04/12/11 Growing politcal turmoil in oil-rich Middle Eastern nations and Japan’s recent string of earthquakes all contributed to quite the decline in German investor … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/USD Up In U.S. Trading Hours Posted: 12 Apr 2011 11:45 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday after the release of euro zone data on German ZEW Economic Sentiment.<br/><br/> EUR/USD was trading at 1.4489, up 0.37% at time of writing.<br/><br/> The pair was likely to find support at 1.4243, Thursday’s low, and resistance at 1.4519, today’s high.<br/><br/> Earlier in the day, data showed that German ZEW economic sentiment fell more-than-expected to 7.60 last month, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| U.S. Federal Budget Balance Rises Less-than-expected Posted: 12 Apr 2011 11:20 AM PDT Forex Pros – The U.S. federal budget balance rose less-than-expected last month, official data showed on Tuesday.<br/><br/>In a report, Department of the Treasury said that U.S. federal budget balance rose to a seasonally adjusted -188.20B, from -222.50B in the preceding month.<br/><br/>Analysts had expected U.S. federal budget balance to rise to -157.50B last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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