DailyMarkets.com - Easy Way Out

---

• Easy Way Out
• After-Tax Profits Reach Record High In Q1
• Trading #1 Energy Stocks
• Back To Back Buys For Skyworks
• Earnings Scorecard: Ross Stores
• HCN Facility Gets LEED Certificate
• Monetary Policy Week In Review – 28 May 2011
• Google Up Against Paypal
• Trading #1 Energy Stocks
• MMC To Buy Part Of Evaluation
• Watson Acquires Specifar
• Banco De Mexico Holds Interest Rate At 4.50%
• Hot Option Plays: Industrial Gold
• Forex – EUR/USD Up At The End Of U.S. Session
• Analyst Interviews: Hotels & Lodging Industry Outlook
• Rating Action On Travelers
• Forex – GBP/USD Up At The End Of U.S. Session
• Closing Bell Market Monitor: MRVL, CVS
• Forex – USD/JPY Down At The End Of U.S. Session
• Goldman Sachs’ Rare Earth Rhetoric
• GameStop Reiterated Neutral
• ViroPharma Advances CDI Drug
• Forex – USD/JPY Down Toward The End Of U.S. Session
• ICE Refuels Energy Pipeline
• KT Corp. To Sell Juniper SW (revised)
• Forex – EUR/USD Up Toward The End Of U.S. Session
• U.S. Markets Close Higher; Dow Jones Up 0.31%
• Progress On Vivus’ ED Drug
• Eni Retains Neutral Rec
• Telus Reiterated At Outperform
• Guarded View On Canadian National
• Forex – GBP/USD Up During The U.S. Session
• Waterflood Successful
• Waterflood Successful
• Hurricane An Alarm For Insurers
• CME Signs MoUs In Ukraine
• Life Tech Launches New Software
• Google: The Bigger They Come, The Harder They Fall
• Rating Action On GEICO
• Forex – USD/CAD Down In U.S. Trade
• China Unicom To Top 3G Goal
• S&P’s Improved Rating On Penske
• Omnicare Boosts Dividend
• Options Traders Position For Possible RIMM Rebound
• Forex – EUR/USD Up In U.S. Trading Hours
• Google’s Mobile Wallet Sparks Trade Dispute
• Stephen Moon Targets Healthy Product Pipeline For Provexis
• Global Infrastructure A $6 Trillion Opportunity

Easy Way Out Posted: 27 May 2011 04:20 PM PDT Amid rising costs, increasing competition, and Wall Street’s myopic focus on short-term profitability, many firms are fine-tuning business models. But instead of figuring out ways of giving more for less, a growing number of them are taking the easy way out. A key component of today’s remarkably short-sighted “‘value’ proposition”: deceiving and cheating customers. Here are four articles that highlight the “strategies” corporate America is increasingly relying on: 1. Lower quality “Shopping … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

After-Tax Profits Reach Record High In Q1 Posted: 27 May 2011 03:38 PM PDT Corporate profits after tax (unadjusted) reached a new record high in the first quarter of 2011 of almost $1.5 trillion.  After adjustments for inventory and depreciation, after-tax corporate profits in the first quarter dipped slightly from the all-time high in the last quarter of 2010, but remained above the pre-recession peak levels of 2006 for the second consecutive month, both in nominal and real terms (see chart above).  It was the seventh consecutive quarterly increase in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Trading #1 Energy Stocks Posted: 27 May 2011 03:10 PM PDT Two interesting energy names have been hot on the Zanks Rank metrics for the past month: Basic Energy Services (NYSE:BAS) and Precision Drilling Corp. (NYSE:PDS). Both became Zacks #1 Rank (Strong Buy) stocks in late April as several analysts following the companies boosted their earnings estimates. Since analyst data this week brought about quantitative Rank changes for each — not once, but twice — we have a good opportunity to compare the companies as potential investments or trades — and to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Back To Back Buys For Skyworks Posted: 27 May 2011 03:05 PM PDT Skyworks Solutions Inc. (NASDAQ:SWKS) announced that it will acquire an analog semiconductor company Advanced Analogic Technologies Incorporated (NASDAQ:AATI) for $6.13 per share. Headquartered in Silicon Valley, Advanced Analogicis a provider of power management semiconductors for mobile consumer electronic devices, such as wireless handsets, notebook and tablet computers, smartphones, digital cameras, and digital audio players. The offer price of $6.13 per share is at a 52% premium to Advanced Analogic … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Scorecard: Ross Stores Posted: 27 May 2011 03:05 PM PDT Specialty retailer Ross Stores Inc. (NASDAQ:ROST) announced its financial results for the first quarter of fiscal 2011. Street analysts had more than a week to ponder on the news. In the paragraphs that follow, we cover the recent earnings announcement, subsequent analysts' estimate revisions as well as the Zacks Rank and long-term recommendation for the stock. Earnings Review Ross Stores reported earnings of $1.48 per share for first-quarter 2011, in line with the Zacks Consensus Estimate. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

HCN Facility Gets LEED Certificate Posted: 27 May 2011 03:05 PM PDT Health Care REIT Inc., (NYSE:HCN) a real estate investment trust (REIT), has recently been accredited with a LEED (Leadership in Energy and Environmental Design) Silver certificate in recognition of its continued commitment for innovative, sustainable building design principles and energy management solutions as an integral part of its corporate strategy. Health Care REIT received the award for the Tallahassee Memorial Cancer Center in Florida. Housed in a 50,000 square foot two-story building on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Monetary Policy Week In Review – 28 May 2011 Posted: 27 May 2011 02:59 PM PDT The past week in monetary policy saw six emerging market central banks announce interest rate decisions. Those that altered interest rate levels were: Israel +25bps to 3.25%, and Nigeria +50bps to 8.00%.  Meanwhile those that held interest rates unchanged were: Pakistan 14.00%, Turkey 6.25%, Georgia 8.00%, and Mexico 4.50%.  The Central Bank of Nigeria also raised its bank cash reserve requirement by 200bps to 4% from 2%.   Looking at the central banks that held monetary … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Google Up Against Paypal Posted: 27 May 2011 02:35 PM PDT Google Inc (NASDAQ:GOOG) announced its digital wallet payment system amongst much controversy. Very soon after the company announced the new payment system at its New York offices along with partners Citibank, a subsidiary of Citigroup (NYSE:C) and Mastercard Inc. (NYSE:MA), eBay Inc (NASDAQ:EBAY) and its payment unit Paypal slapped a suit on Google, as well as a number of key Google personnel. The digital wallet is a point-of-sale ("POS") solution that would enable an Android phone user to wave the phone … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Trading #1 Energy Stocks Posted: 27 May 2011 02:25 PM PDT Two interesting energy names have been hot on the Zanks Rank metrics for the past month: Basic Energy Services (NYSE:BAS) and Precision Drilling Corp. (NYSE:PDS). Both became Zacks #1 Rank (Strong Buy) stocks in late April as several analysts following the companies boosted their earnings estimates. Since analyst data this week brought about quantitative Rank changes for each — not once, but twice — we have a good opportunity to compare the companies as potential investments or trades — and to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

MMC To Buy Part Of Evaluation Posted: 27 May 2011 02:25 PM PDT Focusing on investment consulting,yesterday, Marsh & McLennan Companies Inc. (NYSE:MMC) announced its definitive agreement to purchase a part of Evaluation Associates LLC, which is a subsidiary of Miliman Inc., for an undisclosed amount. The deal is expected to close by the end of the second quarter of 2011 subject to regulatory approvals, although other terms are yet to be revealed. Accordingly, post acquisition, Evaluation's wealth management segment will be merged with the operations of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Watson Acquires Specifar Posted: 27 May 2011 02:25 PM PDT Watson Pharmaceuticals Inc. (NYSE:WPI) recently announced that it has acquired Greece-based generic company, Specifar Pharmaceuticals SA, for €400 million ($562 million) in cash. The company also assumed $17.5 million of Specifar Pharma's debt. Specifar Pharma's former owners are also entitled to receive up to €40 million annually for the first five years on future sales of the generic version of AstraZeneca's (NYSE:AZN) gastroesophageal reflux disease drug, Nexium (esomeprazole). The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Banco De Mexico Holds Interest Rate At 4.50% Posted: 27 May 2011 02:22 PM PDT The Banco de Mexico maintained its overnight interest rate target unchanged at 4.50%.  On the global outlook the Bank said: “In general, the balance of risks for world growth has shown a certain deterioration, while that of inflation has improved.”  Mexico reported annual inflation of 3.4% April (3% in March), and 3.3% in the middle of May, compared to the Bank’s inflation target of 3% +/- 1%.  The Mexican economy grew 4.6% year on year in Q1 this year, up 0.5% from the previous … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Industrial Gold Posted: 27 May 2011 02:20 PM PDT Cusick’s Corner The market pulled back into the afternoon but never jeopardized any critical levels. Commodities bounced back today, especially as the Buck continued to pull back and the market was looking to get into some safety over the long weekend. Another positive point is that Copper, industrial gold, has been a nice tear due to potentially rising supply concerns. It’s time to go fire up the grill — see you Tuesday. Have a great weekend! The Stock market averages held gains and trading … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up At The End Of U.S. Session Posted: 27 May 2011 02:10 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Friday after the release of U.S. data on Pending Home Sales.<br/><br/> EUR/USD was trading at 1.4320, up 1.23% at time of writing.<br/><br/> The pair was likely to find support at 1.3970, Monday&rsquo;s low, and resistance at 1.4324, today&rsquo;s high.<br/><br/> Earlier in the day, industry data showed that Pending home sales in the U.S. fell more-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Analyst Interviews: Hotels & Lodging Industry Outlook Posted: 27 May 2011 02:05 PM PDT The hotels and lodging industry seems to be back in demand, thanks to the gradual global economic recovery. The industry has been witnessing a return of business travelers and a growing demand for leisure. Riding on the back of improvement in the U.S. economy and the consequent rise in operating metrics, most of the hoteliers have started reporting strong quarterly results. Profits are expected to rise further in 2011 as bookings continue to improve. Positive estimate revisions give us ample … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Rating Action On Travelers Posted: 27 May 2011 02:05 PM PDT A.M. Best affirmed the issuer credit rating (ICR) and senior debt ratings of "a" of The Travelers Companies, Inc. (NYSE:TRV). The credit rating agency also reiterated the financial strength ratings (FSR) of A+ (Superior) and ICR of "aa" of Travelers Group, its property/casualty members, and affiliate, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s affiliate and Travelers Casualty and Surety Company of Europe Limited (TCSCE). The outlook remains stable. The affirmation … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up At The End Of U.S. Session Posted: 27 May 2011 02:05 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Friday after the release of U.S. data on Pending Home Sales.<br/><br/> GBP/USD was trading at 1.6508, up 0.62% at time of writing.<br/><br/> The pair was likely to find support at 1.6060, Monday&rsquo;s low, and resistance at 1.6514, today&rsquo;s high.<br/><br/> Earlier in the day, industry data showed that Pending home sales in the U.S. fell more-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Closing Bell Market Monitor: MRVL, CVS Posted: 27 May 2011 02:00 PM PDT 05/27/11 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

Forex – USD/JPY Down At The End Of U.S. Session Posted: 27 May 2011 02:00 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Friday after the release of U.S. data on Pending Home Sales.<br/><br/> USD/JPY was trading at 80.80, down 0.61% at time of writing.<br/><br/> The pair was likely to find support at 80.71, today&rsquo;s low, and resistance at 82.21, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, industry data showed that Pending home sales in the U.S. fell more-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Goldman Sachs’ Rare Earth Rhetoric Posted: 27 May 2011 01:59 PM PDT The front page headline in The Wall Street Journal a couple of weeks ago read, "Goldman Sachs warns of surplus with rare earths (REMX), rare earths seen growing less rare." If there was ever a case of clumsy misinformation, this had to be it. In my opinion the headline should have read, "Rare Earths Seen Growing Rarer — Possible Mass Buying Explosion Straight Ahead." It is well known that Goldman Sachs hires only the most adept analysts, so when Goldman speaks, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GameStop Reiterated Neutral Posted: 27 May 2011 01:40 PM PDT GameStop Corporation (NYSE:GME) is well positioned to take advantage of the growing market for video game products and PC entertainment software. The company's strategy is to grow through store expansions in favorable localities, by providing the largest title collection of video games and leveraging its first-to-market distribution network to offer the latest hardware and software releases. The company holds a significant position in the used video game products market. GameStop provides a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ViroPharma Advances CDI Drug Posted: 27 May 2011 01:40 PM PDT ViroPharma Inc. (NASDAQ:VPHM) recently announced the initiation of a mid-stage trial of VP 20621. The company is evaluating the candidate for the prevention of recurrence of clostridium difficile infection (CDI) in adults previously treated for the condition. The phase II dose-ranging study is being conducted to evaluate the safety and tolerability of VP 20621 dosed orally for up to 14 days in adults previously treated for CDI; characterize the frequency and duration of stool colonization with VP … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down Toward The End Of U.S. Session Posted: 27 May 2011 01:40 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Friday after the release of U.S. data on Personal Spending.<br/><br/> USD/JPY was trading at 80.84, down 0.56% at time of writing.<br/><br/> The pair was likely to find support at 80.71, today&rsquo;s low, and resistance at 82.21, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. personal spending rose less-than-expected to a seasonally adjusted 0.4% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ICE Refuels Energy Pipeline Posted: 27 May 2011 01:35 PM PDT On Thursday, IntercontinentalExchange Inc. (NYSE:ICE) announced its plan to launch 48 global over-the-counter (OTC) cleared energy products from June 13, 2011. ICE will now be offering over 515 OTC energy contracts, along with the products announced yesterday, comprising more than 420 new cleared OTC contracts since the launch of ICE Clear Europe in November 2008. Accordingly, the energy contracts include global oil and refined petroleum products along with North American natural gas and power. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

KT Corp. To Sell Juniper SW (revised) Posted: 27 May 2011 01:35 PM PDT Juniper Networks Inc. (NASDAQ:JNPR), one of the leading providers of networking infrastructure products and services, recently inked an agreement with KT Corp., a South Korean telecom service provider. Financial terms of the deal were not disclosed. Formerly known as Korean Telecom, KT Corp. is an integrated wired/wireless telecommunication service provider. Under the terms of the deal, KT will promote and sell Juniper's Junos Pulse software and the Junos Pulse Mobile Security Suite to its … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up Toward The End Of U.S. Session Posted: 27 May 2011 01:25 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Friday after the release of U.S. data on Personal Spending.<br/><br/> EUR/USD was trading at 1.4298, up 1.08% at time of writing.<br/><br/> The pair was likely to find support at 1.3970, Monday&rsquo;s low, and resistance at 1.4302, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. personal spending rose less-than-expected to a seasonally adjusted 0.4% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Markets Close Higher; Dow Jones Up 0.31% Posted: 27 May 2011 01:10 PM PDT Forex Pros – U.S. stocks were up after the closing bell on Friday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average rose 0.31%, the S&P 500 index gained 0.41%, while the Nasdaq 100 index climbed 0.45%.<br/><br/> Earlier in the day, industry data showed that Pending home sales in the U.S. fell more-than-expected to a seasonally adjusted -11.6% last month from 3.5% 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

Progress On Vivus’ ED Drug Posted: 27 May 2011 01:05 PM PDT Vivus Inc. (NASDAQ:VVUS) recently reported positive results on its erectile dysfunction (ED) treatment, avanafil, from a late-stage trial (TA-303). The candidate met all the primary endpoints of the study, which include improvement from baseline in erectile function as measured by the Sexual Encounter Profile (both SEP2 and SEP3) and improvement in the International Index of Erectile Function (IIEF). Additionally, the data showed that successful intercourse was achieved as early as 15 minutes after … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Eni Retains Neutral Rec Posted: 27 May 2011 12:55 PM PDT We are maintaining our long-term Neutral rating on Eni SpA (NYSE:E), reflecting strong oil and gas prices, better product margins, and solid onshore construction and offshore drilling activities in the first quarter 2011. These positives were partially offset by the weak macro backdrop, international business risks and project delays. During the first quarter of 2011, Eni registered year-over-year improvement in both earnings per share (up 21%) and revenue (up 15.6%) aided by better pricing and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Telus Reiterated At Outperform Posted: 27 May 2011 12:55 PM PDT We remain bullish on Telus Corporation (NYSE:TU) with our long-term Outperform recommendation following its first quarter results and a strong outlook. For the short term (1–3 months), the stock also retains a Buy rating with the Zacks #2 Rank. First quarter earnings surpassed the Zacks Consensus Estimate and the year-ago earnings onstrong data and wireless revenue combined with healthy Optik TV and Optik high-speed Internet services. The second largest Canadian telecommunications company … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Guarded View On Canadian National Posted: 27 May 2011 12:55 PM PDT The gradual recovery in the North American economy has significantly aided Canadian National Railway Company's (NYSE:CNI) financial performance in the first quarter through accelerated volume growth and pricing improvements, and we expect the trend to continue. However, we believe Canadian National'sindustry leading operating ratio will remain challenged in the upcoming quarter and beyond due to skyrocketing fuel prices, increased depreciation charges, unfavorable currency translation, higher … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up During The U.S. Session Posted: 27 May 2011 12:45 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Friday after the release of U.S. data on Personal Spending.<br/><br/> GBP/USD was trading at 1.6480, up 0.45% at time of writing.<br/><br/> The pair was likely to find support at 1.6060, Monday&rsquo;s low, and resistance at 1.6509, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. personal spending rose less-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Waterflood Successful Posted: 27 May 2011 12:35 PM PDT Steven Ralston, CFA Waterflood successful – Dejour to host first earnings call Dejour (DEJ) announced that the waterflood at the Woodrush Field has been successfully implemented. After two months of water injection, the producing gas/oil ratio (GOR) indicates that the secondary recovery process has been effective, with the GOR having declined from 2,700 CF/BBL to less than 900 CF/BB. Since production is no longer constrained by the well allowables imposed by the British Columbia Oil and Gas … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Waterflood Successful Posted: 27 May 2011 12:35 PM PDT Steven Ralston, CFA Waterflood successful – Dejour to host first earnings call Dejour (DEJ) announced that the waterflood at the Woodrush Field has been successfully implemented. After two months of water injection, the producing gas/oil ratio (GOR) indicates that the secondary recovery process has been effective, with the GOR having declined from 2,700 CF/BBL to less than 900 CF/BB. Since production is no longer constrained by the well allowables imposed by the British Columbia Oil and Gas … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hurricane An Alarm For Insurers Posted: 27 May 2011 12:35 PM PDT The insurance industry continues to reel under significant catastrophic losses incurred earlier this year. As if these weren't enough, threats related to the imminent hurricane season have cropped up once again. As many as 6 to 10 hurricanes have been forecast for the year by The National Oceanic and Atmospheric Administration, 3 to 6 of which is portended as grievous and major.    As a result, insurers could be knocked down by a huge gush of insured losses, which could come … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CME Signs MoUs In Ukraine Posted: 27 May 2011 12:35 PM PDT In order to expand its Globex platform, on Thursday, CME Group Inc. (NASDAQ:CME) announced that it has signed a couple of Memorandum of Understanding (MoU) in Ukraine. This is an attempt to unravel new growth avenues from its commodity risk management services in the Eastern Europe.   Accordingly, CME has agreed upon a MoU with Government of Ukraine and the National Bank of Ukraine, which is the region's central bank. Another MoU has been signed between the company and the Ukrainian Futures … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Life Tech Launches New Software Posted: 27 May 2011 12:35 PM PDT Recently, Life Technologies Corporation (LIFE) launched LifeScope genomic analysis software to overcome the problem of data overload from next-generation sequencers. A next-generation sequencing instrument can generate about 200 gigabytes of genomic data per week. LifeScope software will be better placed to analyze this huge data to find patterns indicated by rare diseases. This will be of immense benefit to life scientists and bioinformaticists for conducting their research … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Google: The Bigger They Come, The Harder They Fall Posted: 27 May 2011 12:19 PM PDT by Paul Harrison, contributing writer Google's (NASDAQ:GOOG) high point for 2011 so far came back in January, when their stock hit just below $640 a share.  And in terms of being able to sidestep downtrends, nothing like have the SmartStops risk management service notify you  on Jan. 21st at $616 that now may be the time to exit.  And if you didn't then, their risk alerts just kept firing.  That's why its important to have your exit or hedge protection methodology in place … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Rating Action On GEICO Posted: 27 May 2011 12:10 PM PDT Yesterday, the rating agency A.M. Best took a rating action on Government Employees Insurance Company(GEICO), a wholly owned subsidiary of Omaha-based Berkshire Hathaway Inc. (BRK.A) (BRK.B), wherein it affirmed the financial strength rating (FSR) of A++ (Superior) and issuer credit ratings (ICR) of "aaa". A.M. Best also has affirmed the ICR of "aaa" as well as the debt rating of "aaa" on $150 million 7.35% senior unsecured debentures, due 2023. The outlook for all ratings is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In U.S. Trade Posted: 27 May 2011 12:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Friday after the release of U.S. data on Pending Home Sales.<br/><br/> USD/CAD was trading at 0.9775, down 0.02% at time of writing.<br/><br/> The pair was likely to find support at 0.9737, Monday&rsquo;s low, and resistance at 0.9816, Thursday&rsquo;s high.<br/><br/> Earlier in the day, industry data showed that Pending home sales in the U.S. fell more-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

China Unicom To Top 3G Goal Posted: 27 May 2011 12:05 PM PDT China’s second largest mobile operator China Unicom (NYSE:CHU) is confident of expanding its 3G user base beyond its expectation. In April, China Unicom added 1.817 million subscribers reaching a total customer base of 20.352 million. This was less than 1.855 million customers added in March. Despite the slowdown in new users in April, the company expects to exceed its previous target of 25 million 3G users in fiscal 2011. The company's 3G business is performing well and is expected to sustain … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

S&P’s Improved Rating On Penske Posted: 27 May 2011 12:05 PM PDT Standard & Poor’s recently upgraded a positive outlook on Penske Automotive Group Inc. (NYSE:PAG) from a 'stable' perspective. S&P asserts that if the company is successful in increasing its earnings and reducing debt, its credit rating can improve further. S&P assigns a “B-plus” rating to the company's corporate credit. According to S&P, the rating is based on the reduction of debt, improvement in earnings and stable vehicle sales during the fiscal 2010. According to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Omnicare Boosts Dividend Posted: 27 May 2011 12:05 PM PDT Leading pharmaceutical care provider Omnicare Inc (NYSE:OCR) has raised its quarterly dividend to 4 cents a share from 3.25 cents, representing a 23% hike. This lifts the annual dividend to 16 cents per share from the current payout of 13 cents. The revised quarterly dividend is payable on June 20, 2011, to shareholders of record as of June 10, 2011. The company last increased its quarterly dividend by a penny in August 2010.   Separately, the Kentucky-based company's Board has … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Options Traders Position For Possible RIMM Rebound Posted: 27 May 2011 11:46 AM PDT Options traders position for possible RIMM rebound Today's tickers: RIMM, CVS, CALL & JEC (NASDAQ:RIMM) – Research In Motion, Ltd. – Shares in the BlackBerry smartphone and PlayBook tablet maker slipped today on news a class action lawsuit alleging RIMM misled investors has been filed in the U.S. against the Canadian company. The past couple of months have seen the value of the stock drop as much as 40.0% off a mid-February 52-week high of $70.54. RIMM's revised outlook at the end of April … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up In U.S. Trading Hours Posted: 27 May 2011 11:45 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Friday after the release of U.S. data on Personal Spending.<br/><br/> EUR/USD was trading at 1.4278, up 0.94% at time of writing.<br/><br/> The pair was likely to find support at 1.3970, Monday&rsquo;s low, and resistance at 1.4302, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. personal spending rose less-than-expected to a seasonally adjusted 0.4% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Google’s Mobile Wallet Sparks Trade Dispute Posted: 27 May 2011 08:00 AM PDT 05/28/11 Google unveiled a new mobile wallet technology, which set off a lawsuit by PayPal. Meanwhile, Brightcove announced its App Cloud … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stephen Moon Targets Healthy Product Pipeline For Provexis Posted: 27 May 2011 05:36 AM PDT When European legislators introduced tough new rules in 2008 about the health claims that food groups could make about their products, it was a small British company that was first to meet the regulations. Despite numerous brand name multi-nationals finding themselves on the wrong side of the rules, AIM listed Provexis (LON:PXS) was able to prove that its Fruitflow anti-thrombotic technology does indeed contribute to healthy blood flow. With a profit sharing alliance for Fruitflow signed 15 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Global Infrastructure A $6 Trillion Opportunity Posted: 26 May 2011 10:00 PM PDT Each week, more than one million people are either born in or migrate to cities around the world. Much of this rapid urbanization comes from the emerging world, putting tremendous pressure on that country's feeble infrastructure. Pipes burst, roads are jammed, the water is tainted and the lights even go out. Merrill Lynch estimates that $6 trillion will need to be spent by selected emerging market countries over the next three years to meet the basic needs of these citizens. Water, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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