DailyMarkets.com - Wilmington Remains Neutral
DailyMarkets.com - Wilmington Remains Neutral |
- Wilmington Remains Neutral
- Accuray Lifted To “Outperform”
- DOCOMO To Boost Indian Investment
- Neutral On Omnicom Group
- Australian Dollar: Under Pressure
- Canadian Dollar: The Downside Prevails
- Forex Trading: EURUSD Moves To Other Extreme
- USD Pares Post-NFP Gains, As Fed’s Dudley Stakes A Claim For Fed Doves
- GBP/JPY Hits 135.00 Target; 138.00 And 140.30 Are Next Above 135.50
- Higher Rates Asks AEP Unit
- Unilife Begins Initial Production
- Fed Snubs AIG’s Offer To Buy RMBS
- Forex – EUR/USD Up At The End Of European Session
- Forex – GBP/USD Up Toward The End Of European Session
- 15-Mo. Job Growth Returns To Pre-Recession Level
- Will 1970s-Style Inflation Derail The Bull Market In Stocks?
- Financial Institutions Exists TARP
- Dendreon Remains Neutral
- USD/JPY Is Testing Key 84.50 Resistance After March NFP
- Crude Rises Above $107
- Forex – EUR/USD Up During The European Session
- Forex – GBP/USD Down On Economic Data
- Word From The Floor: Wall Street Starts Q2 With Gains
- GBP/USD Has Support Pivot 1.5940 And Resistance Pivot At 1.6060
- Forex – GBP/JPY Up In European Trading Hours
- Forex Trading: EURUSD Squeezes Higher To 100 And 200 Hour MA Area
- NFP Surprises Market To Topside, Boosts Case For Fed Hawks
- Sen. Lugar Wants To End America’s Sugar Cartel: “It’s A Job-killing, Market-Distorting Monstrosity”
- FX Headlines: Dollar Surges Against Euro On Jump In NFPs
- Before The Bell
- FinnCap Wakes Up The City With Retail Investor Outreach
| Posted: 01 Apr 2011 08:44 AM PDT We continue to maintain our long-term "Neutral" recommendation on Wilmington Trust Corporation (NYSE:WL). Though the company has been facing reduced client activity and higher credit costs due to sluggish economic recovery, its impending merger with M&T Bank Corp. (NYSE:MTB) will create a large lender in the eastern U.S., and the combined entity will become a large provider of wealth management.
|
| Accuray Lifted To “Outperform” Posted: 01 Apr 2011 08:44 AM PDT We upgrade our recommendation on Accuray Incorporated (NASDAQ:ARAY) to Outperform following our assessment of its healthy second-quarter fiscal 2011 results and increased visibility on the stock. We are upbeat about the compelling prospect in radiation oncology rendered by the company's impending acquisition of rival TomoTherapy (NASDAQ:TOMO).
|
| DOCOMO To Boost Indian Investment Posted: 01 Apr 2011 08:44 AM PDT NTT DOCOMO, Inc. (NYSE:DCM), a leading Japanese telecom operator plans to invest $179 million in a rights issue by India's fifth largest telecom operator, Tata Teleservices.
|
| Posted: 01 Apr 2011 08:44 AM PDT We recently maintained a Neutral recommendation on Omnicom Group Inc. (NYSE:OMC).
|
| Australian Dollar: Under Pressure Posted: 01 Apr 2011 09:20 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Canadian Dollar: The Downside Prevails Posted: 01 Apr 2011 09:20 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex Trading: EURUSD Moves To Other Extreme Posted: 01 Apr 2011 09:10 AM PDT The EURUSD has moved to the other extreme outlined in the Opening Forex Call. The area of resistance was at the 1.4202, 1.4211 and 1.4220 levels. Each represented horizontal resistance or Remembered Lines.
|
| USD Pares Post-NFP Gains, As Fed’s Dudley Stakes A Claim For Fed Doves Posted: 01 Apr 2011 09:06 AM PDT While a stronger than expected non-farm payroll got USD bulls excited, helping the pair to show strong gains versus its key rivals, the USD then reversed its move – especially against the EUR/USD – as Fed President William Dudley gave a dovish speech – a counterweight to all the Fed hawks that had been getting their time in the spotlight this week.
|
| GBP/JPY Hits 135.00 Target; 138.00 And 140.30 Are Next Above 135.50 Posted: 01 Apr 2011 09:05 AM PDT GBP/JPY to Consolidate with Further Bullish Prospect Ahead (3/31) Short to Medium Term- The 4H and 1H chart shows the GBP/JPY agreeing with an impulse wave development. It is most likely that we are entering a wave 3, although the internal count is not clear for me. We don't need to count the internals to see that the market is in a very strong bullish attempt.
|
| Posted: 01 Apr 2011 09:05 AM PDT With a view to recover the increasing cost of production and distribution of electricity, American Electric Power Co.’s (NYSE:AEP) unit Appalachian Power filed four rate requests to the Virginia State Corporation Commission (SCC). The total impact of the proposed rate hike, if approved, will be 9.6%, translating to an annual increase of $115 million, and will be effective from 2012.
|
| Unilife Begins Initial Production Posted: 01 Apr 2011 09:04 AM PDT Unilife Corporation (UNIS) recently announced that it started initial production of its Unifill ready-to-fill (prefilled) syringe at its FDA-approved plant located in York, Pennsylvania.
|
| Fed Snubs AIG’s Offer To Buy RMBS Posted: 01 Apr 2011 09:04 AM PDT Finally, the Federal Reserve Bank of New York (FRBNY) turned down American International Group Inc.'s (NYSE:AIG) offer to repurchase its $15.7 billion residential mortgage-backed securities (RMBS) on Maiden II. This is a special-purpose investment vehicle that the company had handed over to FRBNY as collateral mortgage bonds during the peak of its financial crisis.
|
| Forex – EUR/USD Up At The End Of European Session Posted: 01 Apr 2011 09:00 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> EUR/USD was trading at 1.4210, up 0.36% at time of writing.<br/><br/> The pair was likely to find support at 1.4027, Monday’s low, and resistance at 1.4233, Thursday’s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 216.00K last … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex – GBP/USD Up Toward The End Of European Session Posted: 01 Apr 2011 08:55 AM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> GBP/USD was trading at 1.6124, up 0.60% at time of writing.<br/><br/> The pair was likely to find support at 1.5938, Monday’s low, and resistance at 1.6151, Thursday’s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| 15-Mo. Job Growth Returns To Pre-Recession Level Posted: 01 Apr 2011 08:40 AM PDT Today’s BLS employment report shows that 1.904 million jobs were created over the last 15 months through March since the cyclical low of 137.96 million jobs in December 2009, see chart above. That’s the greatest number of jobs created over a 15-month period since November 2007, the month before the recession officially started, and implies that job growth has returned to its pre-recesssion … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Will 1970s-Style Inflation Derail The Bull Market In Stocks? Posted: 01 Apr 2011 08:35 AM PDT Inflation can adversely affect corporate profits, household discretionary spending, and stock prices. Rising costs for raw materials have a dampening effect on profits. Increasing costs of food and energy begin to account for larger and larger portions of a household's disposable income. From an investment perspective, when the annual inflation rate jumped significantly between 1971 and 1974, stock market (SPY) returns eventually suffered as shown below. With the Fed creating … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Financial Institutions Exists TARP Posted: 01 Apr 2011 08:34 AM PDT On Wednesday, Financial Institutions Inc. (NASDAQ:FISI) stated that it had repaid the remaining $25.0 million in bailout money to the government. In February, the company paid back $12.5 million of the total $37.5 million bailout money that it had received as part of its participation in the government's Troubled Asset Relief Program (TARP) in December 2008.
|
| Posted: 01 Apr 2011 08:33 AM PDT We have maintained our Neutral recommendation on Dendreon Corporation (NASDAQ:DNDN) with a target price of $39.00 following the announcement of fourth quarter and full year 2010 financial results.
|
| USD/JPY Is Testing Key 84.50 Resistance After March NFP Posted: 01 Apr 2011 08:31 AM PDT US Dollar Ahead of the March NFP (3/31 Video) Medium Term- The Daily chart of the USD/JPY shows the market breaking above the 84.50 level. It hasn't actually closed above, but all signs support a break.
|
| Posted: 01 Apr 2011 08:30 AM PDT 04/01/11 Front month crude prices continued to trade above $107 this session … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex – EUR/USD Up During The European Session Posted: 01 Apr 2011 08:30 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> EUR/USD was trading at 1.4180, up 0.15% at time of writing.<br/><br/> The pair was likely to find support at 1.4027, Monday’s low, and resistance at 1.4233, Thursday’s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 216.00K last … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex – GBP/USD Down On Economic Data Posted: 01 Apr 2011 08:10 AM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> GBP/USD was trading at 1.6027, down 0.01% at time of writing.<br/><br/> The pair was likely to find support at 1.5938, Monday’s low, and resistance at 1.6151, Thursday’s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Word From The Floor: Wall Street Starts Q2 With Gains Posted: 01 Apr 2011 02:54 AM PDT 04/01/11 US stocks advanced on the better-than-expected March jobs report. NFP added 216,000 jobs, while unemployment fell to … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| GBP/USD Has Support Pivot 1.5940 And Resistance Pivot At 1.6060 Posted: 01 Apr 2011 07:42 AM PDT GBP/USD's Double Bottom and Heavy Throwback (3/31) Short Term and Medium Term- The GBP/USD can be developing a head and shoulder seen in the 4H chart. A break below 1.5940 is a signal that the market should continue lower towards 1.5750. We should also see the RSI break back below 40 to confirm the bearish continuation.
|
| Forex – GBP/JPY Up In European Trading Hours Posted: 01 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 135.03, up 1.34% at time of writing.<br/><br/> The pair was likely to find support at 130.29, Monday’s low, and resistance at 135.45, today’s high.<br/><br/> Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.08% to hit 1.6016 and EUR/GBP falling 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex Trading: EURUSD Squeezes Higher To 100 And 200 Hour MA Area Posted: 01 Apr 2011 07:35 AM PDT Anything can happen now with a break above the 200 hour MA. 1.4116 is now support as the trend move down today loses some of its … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| NFP Surprises Market To Topside, Boosts Case For Fed Hawks Posted: 01 Apr 2011 07:27 AM PDT The US labor market continues to improve, as March's job figures came in better than anticipated. As we can see, the pace of job gains has picked up in the last 2 quarters, with February and March posting the best gains of that period.
|
| Sen. Lugar Wants To End America’s Sugar Cartel: “It’s A Job-killing, Market-Distorting Monstrosity” Posted: 01 Apr 2011 07:27 AM PDT The chart above shows that U.S. sugar prices have averaged twice the world price (28.1 cents per pound vs. 14.4 cents) since 1980 (data here), because of tariffs and quotas that restrict the amount of foreign sugar allowed to enter the U.S. and thereby protect domestic beet sugar producers against more efficient foreign producers of sugar cane. I’ve estimated before that our sugar policy cost U.S. consumers of sugar $2.5 billion in 2009 and $4.5 billion in 2010. Senator … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| FX Headlines: Dollar Surges Against Euro On Jump In NFPs Posted: 01 Apr 2011 06:31 AM PDT Fundamental Headlines
|
| Posted: 01 Apr 2011 01:00 AM PDT 04/01/11 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
|
| FinnCap Wakes Up The City With Retail Investor Outreach Posted: 01 Apr 2011 01:37 AM PDT FinnCap have been making waves over the last three years since their spinoff from old school private client manager J.M. Finn. Led by the progressively minded CEO Sam Smith, the broker can now justifiably claim to be the second largest AIM broker with an 80 strong client roster that is growing quickly. But some revenue streams are getting harder to come by. Many firms have been reporting results that are suffering from a dwindling of traditional commission based broking … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home