Monday, May 2, 2011

DailyMarkets.com - Earnings Preview: Avon Products

DailyMarkets.com - Earnings Preview: Avon Products

Earnings Preview: Avon Products

Posted: 02 May 2011 08:05 AM PDT

Avon Products Inc. (NYSE:AVP) is scheduled to release its first-quarter 2011 results on Tuesday, May 3, 2011. The Zacks Consensus Estimate is 31 cents a share for the first quarter of fiscal 2011. This represents a year-over-year estimated growth rate of 34.8%.
Fourth Quarter Performance      
Avon Products posted fourth-quarter 2010 adjusted earnings of 59 cents a share, which fell short of the Zacks Consensus Estimate of 67 cents and dipped 13.2% from the year-ago figure of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Loss Narrows At InterMune

Posted: 02 May 2011 08:05 AM PDT

InterMune Inc.(NASDAQ:ITMN) posted first-quarter adjusted loss per share of 57 cents, much narrower than the Zacks Consensus Estimate of a loss per share of 78 cents and the  year-ago loss per share of 66 cents. Higher revenue and lower research and development expenses contributed to the narrower loss suffered by the company in the reported quarter.
InterMune reported revenues of $6.4 million in the first quarter, above the year-ago revenue of $6.1 million and also ahead of the Zacks Consensus … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Dollar: Sliding Or Crashing?

Posted: 02 May 2011 07:56 AM PDT

Much has been made of the persistent slide in the dollar in recent months. Many proclaim it's the end of its status as the primary world reserve currency. Others suggest it's a notice of the demise of America. These viewpoints tend to quickly spread to Main Street, and that has a tendency to create panic.

How bad is it?

For some broader perspective, the Dollar Index (the dollar against a basket of major currencies) still sits 3.5 percent above the lows of 2008. Measured against … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Loews Lags Estimates

Posted: 02 May 2011 07:40 AM PDT

Loews Corporation (NYSE:L) reported its first-quarter 2011 adjusted net income of 89 cents per share lagging the Zacks Consensus Estimate of 91 cents. Results were below 97 cents earned in the prior-year quarter. Adjusted net income was $370 million, 10% lower than $357 million in first-quarter 2010.
Lower earnings at Diamond Offshore reflecting reduced dayrates and utilization coupled with slightly lower earnings at CNA Financial Corporation, induced the weaker-than-expected results.
Including … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Scorecard: Baxter

Posted: 02 May 2011 07:35 AM PDT

Baxter International (NYSE:BAX) reported first quarter adjusted (excluding one-time items) earnings per share of 98 cents, beating the Zacks Consensus Estimates of 93 cents, and surpassing the year-ago results of 93 cents.
The results exceeded Baxter's earlier guidance range of 92 to 94 cents for the first quarter. Among the positive factors, Baxter retains a strong product pipeline with several products in late-stage clinical development.
Highlights from the First Quarter
Reported net income … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Loss Widens At Cell Therapeutics

Posted: 02 May 2011 07:35 AM PDT

Cell Therapeutics (CTIC) suffered a net loss of $51.0 million (6 cents per share) in the first quarter of 2011, compared with a net loss of $44.2 million (7 cents per share) in the year-ago quarter. The lower loss per share in the reported quarter was due to a higher share count (878 million versus 598.9 million a year ago). The Zacks Consensus Estimate for the reported quarter was a loss of 2 cents per share. Cell Therapeutics did not generate any revenue during the reported quarter versus … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Greatbatch Tops Ests, Reaffirms

Posted: 02 May 2011 07:35 AM PDT

Greatbatch (NYSE:GB) reported first-quarter fiscal 2011 adjusted (excluding one-time items) earnings per share of 46 cents, topping the Zacks Consensus Estimate of 39 cents and the year-ago earnings of 32 cents. Profit (as reported) more than doubled year over year to $11.9 million (or 51 cents a share) as the Clarence, New York-based company's revenues increased at a double-digit clip.
Revenues
Revenues soared 13% year over year to $148.8 million led by solid growth across the company's … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Bear Market On Its Last Legs?

Posted: 02 May 2011 07:18 AM PDT

Today’s Idea
Some traders looking to go long Natural Gas may wish to consider exploring long option strategies going out to the late summer or early fall trading months, when the hurricane season is at its peak. Given that Natural Gas options are rather expensive, especially during the storm season, some traders may wish to explore the purchase of bull call spreads in Natural Gas futures options. For example with October Natural Gas trading at 4.721 as of this writing, the October 4.80 calls … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

S&P Sounds The Alarm

Posted: 02 May 2011 07:07 AM PDT

S&P Sounds the Alarm
by Tony D'Altorio, Investment U Research
Monday, May 2, 2011
Ratings agency Standard & Poor's just sounded the alarm on U.S. Treasury debt.
Sure, it kept America's credit rating at triple-A. But for the first time since it started rating U.S. debt 70 years ago, S&P reduced its outlook from "stable" to "negative."
In other words, the U.S has a one-third chance of losing its coveted credit rating in the next two years. Of the 17 countries the agency … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. ISM Manufacturing PMI Falls Less-than-expected

Posted: 02 May 2011 07:07 AM PDT

Forex Pros – Manufacturing activity in the U.S. fell less-than-expected in April, industry data showed on Monday.<br /><br />In a report, the Institute for Supply Management said its index of purchasing managers slipped to 60.4 in April, compared to March&rsquo;s reading of 61.2.<br /><br />Analysts had expected the ISM index of purchasing managers to decline to 59.7 in April.<br /><br />On the index, a reading above 50.0 indicates industry expansion, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Scorecard: Intuitive

Posted: 02 May 2011 07:05 AM PDT

Intuitive Surgical (NASDAQ:ISRG) reported favorable first-quarter 2011 results. Earnings per share came in at $2.59, beating the Zacks Consensus Estimate of $2.49 and the year-ago figure of $2.12.
First Quarter Review
Revenues increased 18% year over year to $388 million, beating the Zacks Consensus Estimate by $9 million. Recurring revenues grew at a brisk pace and constituted about 57% of sales in the reported quarter, which represents one of the highest levels since the inception of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Symbol Of Terrorism Removed

Posted: 02 May 2011 07:05 AM PDT

The death of the Osama bin Laden at the hands of U.S. Special Forces in a Pakistani city last night is major news on the global terrorism front. His removal from the scene deals a major psychological blow to al-Qaeda, bin Laden’s organization.

Bin Laden’s removal from the scene has the potential to separate the ethnic Arab al-Qaeda from the ethnic Afhgan Taliban, giving our Afghan anti-insurgency efffort a shot in the arm. Any long-term solution to Afghanistan that will allow the U.S. to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Who Should Decide On Prices After A Disaster?

Posted: 02 May 2011 06:47 AM PDT

Several years ago, Art Carden provided the fill-in-the-blank “price gouging” form below, and it’s being put to good use now in Alabama and Kentucky following the tornadoes in those states:

“Fearing increases in the prices of basic items as a result of    (disaster)   , officials in    (state or municipality)    have declared a state of emergency whereby restrictions on “price gouging” are now in effect. According to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Market Summary For Monday, May 2, 2011 Special Update

Posted: 02 May 2011 06:39 AM PDT

The following is a list of stocks that might be good candidates to sell short.  We will track these outside our watch list and provide updates on them as thing develop.
 
These stocks have the following characteristics:

Stock price is currently higher than analyst target price.
Stock price is selling at a significant premium relative to its future earnings growth rate as measured by its Forward Price-Earnings (P/E) Ratio and Price-Earnings Growth (PEG) ratio. 

Company … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Buffett Throws Light On 1Q Earnings

Posted: 02 May 2011 06:36 AM PDT

Late last week, the chairman of Berkshire Hathaway Inc. (BRK.A) (BRK.B), Warren Buffett, announced the preliminary result for the first quarter of 2011. Operating earnings is expected to come in at $1.6 billion, down 27% from $2.2 billion registered in the last-year quarter.
Berkshire's insurance segment is expected to post underwriting loss of $821 million, weighed down by $1.7 billion of losses incurred due to natural catastrophes in Japan and New Zealand, which occurred during first … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Mack-Cali Beats On Rev, Misses FFO

Posted: 02 May 2011 06:36 AM PDT

Mack-Cali Realty Corp.  (NYSE:CLI) reported first quarter 2011 FFO (fund from operations) of $67.3 million or 70 cents per share, compared to $66.5 million or 72 cents per share in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income.  FFO for the quarter was in line with the Zacks Consensus Estimate.
Total revenues were $186.3 million during … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Quanta Services

Posted: 02 May 2011 06:36 AM PDT

Quanta Services Inc. (NYSE:PWR) is slated to release first-quarter 2011 results on Wednesday, May 4. The current Zacks Consensus Estimate for first-quarter earnings per share (EPS) is 3 cents, representing an annualized decline of 77.35%.  
Quanta Serviceshad reported in line with the Zacks Consensus Estimate over the last three quarters and outperformed in the first quarter of 2010 with a positive surprise of 62.50%.
Fourth Quarter 2010 Highlights
Quanta Services Inc. reported its … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Rebounds From Multi-year Low As Oil Eases

Posted: 02 May 2011 06:33 AM PDT

Forex Pros – The U.S. dollar rebounded from a multi-year low against its Canadian counterpart on Monday, as crude oil, Canada&rsquo;s largest export, retreated from recent highs after U.S. forces killed al-Qaeda leader Osama bin Laden in Pakistan.<br /><br />USD/CAD clawed back up from 0.9445, the pair&rsquo;s lowest since November 12, 2007 to hit 0.9494 during early U.S. trade, gaining 0.47%.<br /><br />The pair was likely to find support at 0.9445, the days … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Monitoring Gold And Silver’s Initial Reactions To Osama Bin Laden’s Death

Posted: 02 May 2011 06:27 AM PDT

Osama Bin Laden's apparent death and other factors may have helped flows out of gold and silver. Both started the week with a gap, sliding sharply. Silver however seems to be falling harder. Let's take a look at these precious metals.
Gold (XAU/USD)

Short Term
- Gold is sliding but the momentum, reflected by the RSI in both 4H and 1H charts, is still bullish.
- In fact the 4H RSI is still above 70. The 1H RSI is still above 50, and shows a positive reversal (this RSI low is lower, but the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Keeps Bullish Bias

Posted: 02 May 2011 06:16 AM PDT

The EURUSD has kept the bullish bias in tact in NY trade.  After a move lower after the report of Bin Ladens death the EURUSD has moved back higher.

On the daily chart the price tested the underside of the channel trendline which was broken last week. That level came in at the 1.4760 level. The low reaced 1.4762.This level, if broken to the downside should be a signal the upside is over for the time being and a move lower is likely.

The hourly chart has the 100 bar MA at the 1.4768 level … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Scorecard: AT&T

Posted: 02 May 2011 06:15 AM PDT

The second-largest U.S. mobile service provider AT&T Inc. (NYSE:T) reported first quarter 2011 results on April 20. Adjusted earnings of 57 cents per share were at par with the Zacks Consensus Estimate and a penny below the year-ago earnings.
First Quarter Review
In line profits can be traced back to the loss of AT&T's exclusive hold on Apple Inc.'s (NASDAQ:AAPL) iPhone during the quarter to its largest rival Verizon Communication (NYSE:VZ). However, AT&T activated 3.6 million iPhones in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Market News Briefs: ConAgra Foods, ChevronTexaco, D.R. Horton, Flextronics International Ltd., Merck & Company, Ralcorp Holdings, TotalFinaElf, S.A., Verizon Communications

Posted: 02 May 2011 06:15 AM PDT

    Research firm  Argus downgraded Flextronics International Ltd. (NASDAQ:FLEX) from “buy” to “hold” rating

    Merck & Co. Inc.’s (NYSE:MRK) earnings per share (excluding  special items) for the first quarter of 2011 came in at 92 cents, well above the Zacks Consensus Estimate of 84 cents and the year-ago earnings of 83 cents

    Aon Corporation (AON) reported Q1 EPS of $0.80, ex-items, in line with the Zacks Consensus … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Morning Market Brief

Posted: 02 May 2011 06:15 AM PDT

05/02/11 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

Itron Reports First Quarter Results

Posted: 02 May 2011 06:07 AM PDT

Itron Inc. (NASDAQ:ITRI) reported first quarter results, registering a GAAP EPS of 66 cents versus 62 cents during the year-earlier quarter. Included in the first quarter results was a benefit of 26 cents toward tax benefits. Excluding these, the adjusted EPS amounted to 99 cents versus 98 cents during the year-ago quarter. Earnings were at par with the Zacks Estimate of 99 cents.
Net sales as reported by the company increased 13.3% to $563.7 million from $497.6 million in the year-earlier quarter, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

To The Families Of 9-11, This Is Your Day And Your Justice!!

Posted: 02 May 2011 06:05 AM PDT

For those who cherish the virtues of life, liberty, and the pursuit of happiness, today is a grand day.
For those directly impacted by the terrorist attacks of 9-11-01, your day has come. Justice has been done. While the pain from the loss of your loved ones can never be eliminated, I hope the news of Osama Bin Laden's death at the hands of our Navy Seals brings you a semblance of peace. You certainly deserve it.
Prior to commenting on what I believe the risks may be from Bin Laden's … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Advances To Daily High After Strong PMI Data

Posted: 02 May 2011 06:05 AM PDT

Forex Pros – The euro advanced to a daily high against the yen on Monday, after a report showed that manufacturing activity in the euro zone expanded at the second-fastest rate since August 2000 last month.<br /><br />EUR/JPY hit 121.03 during European afternoon trade, the daily high; the pair subsequently consolidated at 120.84, gaining 0.52%.<br /><br />The pair was likely to find support at 119.33, the low of April 27 and resistance at 121.82, last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Silver Tumbles On Bin Laden News, Margin Requirement Increase, Technical Factors

Posted: 02 May 2011 06:02 AM PDT

Silver saw a steep 10% plunge in today's trading, falling from its perch in last week's trading, after failing to move above the $49.50 level.
The news that Osama bin Laden was killed overnight helped to spur some gains in the USD, weakening oil and commodities, and lowering the risk premium that has been underpinning commodity prices.
Another important factor was the increase in margin requirments for those trading silver.
From Wall Street Journal: "Exchange operator CME Group … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The S&P 500 May Hold Clues To The Peak In Gold & Silver

Posted: 02 May 2011 06:00 AM PDT

"The warning signs were all
Dismissed or shouted down
So it goes
The kings all failed to tell us
The madmen failed to sell us
On what would then become
The only life we know."
"Were they burning signal fires
To guide us to the fields?
Or building funeral pyres?
The outcome of a final appeal."
- Rise Against "Endgame" -
The single biggest news event this week besides the Royal Wedding (who actually cares) was Federal Reserve Chairman Ben Bernanke's televised press conference. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USDCAD Falls After Higher Price Data

Posted: 02 May 2011 05:54 AM PDT

The Raw Material Price index rose by 5.7% while the Industrial Product Price Index rose by 0.9%. Both stronger than expectations ((2.5% and 0.7% were the estimates). The reports have pushed the USDCAD lower.

The pair tested the 100 hour MA earlier at the 0.9501 level but failed to break through. This should keep the pressure on the pair. A move above the key level is needed to give bulls confidence.
On the downside, the next target is being tested at the 100 bar MA on the 5 minute chart. A … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Stock Futures Gain On Bin Laden Death; Dow Futures Up 0.25%

Posted: 02 May 2011 05:40 AM PDT

Forex Pros – U.S. stock futures pointed to a higher open on Monday, as news that al-Qaeda leader Osama bin Laden had been killed by U.S. forces in Pakistan boosted market sentiment. <br /><br />Dow Jones Industrial Average futures pointed a gain of 0.25%, the S&amp;P 500 futures climbed 0.23%, while Nasdaq 100 futures indicated an increase of 0.2%. <br /><br />President Obama announced late Sunday that bin Laden had been killed in a targeted assault outside … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Vistaprint Beats, Raises Outlook

Posted: 02 May 2011 05:36 AM PDT

Vistaprint N.V. (NASDAQ:VPRT) declared third quarter 2011 adjusted earnings of 63 cents per share, handily beating the Zacks Consensus Estimate of 38 cents. Earnings per share (EPS) increased 37% year over year and also surpassed the company's guided range of 46–49 cents per share. The better-than-expected results were driven by double-digit growth in the top line, margin enhancement and deferment of some planned operational expenses.
On a GAAP basis, EPS shot up 46% to 51 cents during the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Canadian RMPI Jumps More-than-expected In March

Posted: 02 May 2011 05:35 AM PDT

Forex Pros – Canada’s raw materials price index rose significantly more-than-expected in March, official data showed on Monday.<br /><br />In a report, Statistics Canada said the raw materials purchase price index jumped by a seasonally adjusted 5.7% in March, after increasing by 2.1% in February, whose figure was upwardly revised from 1.8%. <br /><br />Analysts had expected the raw materials purchase price index to rise by 2.5% in March.<br /><br />The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD In A Triangle With Resistance At 1.6740

Posted: 02 May 2011 05:30 AM PDT

GBP/USD's Correction Should Stay Above 1.6550 (4/29)
GBP/USD

Short-Term to Medium Term- The GBP/USD in the 1H chart an be seen in a triangle pattern. The RSI is stuck between 40 and 60 reflective of ranging action, but note that the momentum entering into this triangle was bullish, but the bias is a break to the upside.
- The break would be defined as a break above 1.6740, preferably also 1.6750, with the RSI also break above 60 and threatening 70.
- The Elliott Wave model anticipates … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD Stiffens To Start The Week As Osama Bin Laden Is Killed

Posted: 02 May 2011 05:25 AM PDT

Liquidity was thin today as markets in Singapore, Hong Kong and London were closed for holiday, and the main piece of news coming in overnight was not financial, but the killing of Osama bin Laden.
How did the market react to such news? The USD gained against its key rivals, but it gave back its gains against the EUR, and partially the GBP, while maintaining its move versus the JPY. Equity markets were generally positive helping to give the market an initial sense of risk appetite to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Cabela’s Reports In Line

Posted: 02 May 2011 05:25 AM PDT

Cabela's Inc. (NYSE:CAB), one of the leading specialty retailers of hunting, fishing, camping, and related outdoor merchandise, recently posted first-quarter 2011 results, in line with the Zacks' expectation for the bottom line.
However, the quarterly earnings of 25 cents a share tumbled 13.8% from 29 cents delivered in the prior-year quarter. On a reported basis, including one-time items, quarterly earnings came in at 25 cents a share compared with 12 cents in the prior-year … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Pares Gains As Euro Advances On PMI Data

Posted: 02 May 2011 05:07 AM PDT

Forex Pros – The U.S. dollar pared gains against its major counterparts in thin holiday trade on Monday, after an initial rally following news of Al Qaeda leader Osama Bin Laden&rsquo;s death while the euro advanced, after better-than-expected euro-zone PMI data.<br /><br />During European afternoon trade, the greenback was lower against the euro, with EUR/USD rising 0.22% to hit 1.4839.<br /><br />Earlier in the day, a report showed that manufacturing activity in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Stuck In Sideways Range Between 1.4880 And 1.4770

Posted: 02 May 2011 05:04 AM PDT

EUR/USD Breaks Above a Flag Pattern; 1.4940 and 1.4990 are Swing Projections (4/29)
EUR/USD

Short-Term to Medium Term- The EUR/USD 1H chart shows the market stuck in a range between1 .4880 and 1.4770.  The start of the week had an initial test of the 1.4770 support, then the European session carried the pair back up to the resistance level.
- A break above 1.4880 is likely to continue the bullish trend it has been in since the start of the year.
- Last week, the market showed swing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Trims Early Gains Against Pound

Posted: 02 May 2011 04:55 AM PDT

Forex Pros – The pound trimmed losses against the U.S. dollar in holiday thinned trade on Monday, as concerns over loose monetary policy and lingering debt problems in the U.S. overshadowed news of news of Al Qaeda leader Osama Bin Laden&rsquo;s death.<br /><br />GBP/USD clawed back up from 1.6644, the daily low to hit 1.6692 during European afternoon trade, slipping 0.10%.<br /><br />Cable was likely to find support at 1.6623, Friday&rsquo;s low and short-term … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Erases Early Losses After Euro Zone PPI Data

Posted: 02 May 2011 04:12 AM PDT

Forex Pros – The euro erased early losses against the U.S. dollar in thin holiday trade on Monday, after a report showed that manufacturing activity in the euro zone expanded at the second-fastest rate since August 2000 last month.<br /><br />EUR/USD clawed back up from 1.4762, the pair&rsquo;s lowest since April 27, to hit 1.4851 during European early afternoon trade, gaining 0.30%.<br /><br />The pair was likely to find support at 1.4631, the low of April 27 and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Daily Fundamental Analysis For May 3, 2011

Posted: 02 May 2011 03:48 AM PDT

By ForexMansion.com
The Australian dollar dropped against greenback during the first day trading of the week after president Obama said al-Qaeda leader Osama bin Laden has been killed.
Moreover, Aussie retreated from areas around 1.10 against the US dollar, as expectations for the Reserve Bank of Australia yo keep interest rates unchanged at their level pressured the pair and triggered profit taking.
House price index (QoQ) in Australia dropped by 1.7% during the first quarter of the year, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Daily Fundamental Analysis For May 3, 2011

Posted: 02 May 2011 03:20 AM PDT

By ForexMansion.com
The AUD/NZD pair has been little changed since the beginning of the week, as each of AUD and NZD fell against the greenback. The American dollar found support from President Obama's announcement that Osama bin Laden had been killed in Pakistan.
Moreover, the Aussie retreated against the US dollar, with the expectations that the Reserve Bank of Australia will keep interest rates unchanged this week.
On the other hand, gold prices dropped from their record, which reduced the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NYFP’s This Week In Wall Street History

Posted: 01 May 2011 09:00 AM PDT

05/01/11 In this installment of NYFP’s “This Week in Wall Street History”, we are introduced to history of the global phenomenom that is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
at

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