DailyMarkets.com - Forex – GBP/JPY Down During The Asian Session

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• Forex – GBP/JPY Down During The Asian Session
• Forex – USD/JPY Down On Economic Data
• Forex – EUR/USD Up In Asian Trade
• Japan’s Tertiary Index Falls More-than-expected
• Forex – USD/JPY Up During Asian Trade
• Forex – NZD/USD Up In Asian Trade
• N.Z. PPI Input Rises More-than-expected
• Android ClientLogin Vulnerable To Security Risks
• Forex – GBP/USD Down During Asian Trade
• The Elephant And BUY/SELL SFMI – .083/.097
• The Day Ahead: Earnings – Abercrombie & Fitch, BJ’s, And Target; FOMC Minutes, Weekly Mortgage Applications, EIA Oil Inventories
• Hot Option Plays: Techs Drag
• Stock Market Summary For Tuesday, May 17, 2011
• Manitowoc Refinances Credit Facility
• Foster Wheeler Wins Contract
• UAL Upgraded To Neutral
• Endo Pharma Evenly Poised
• URS Wins Marine Order
• Scientific Games Acquires Barcrest
• Earnings Preview: Deere
• Stryker Buys Orthovita With Cash
• New Contracts For Harsco Rail
• Closing Bell Market Monitor: HPQ, WMT, HD, DELL
• Deere & Company
• Stock Picks For Wednesday May 18, 2011
• Valspar Reports In Line
• American Capital Stays Neutral
• Forex – EUR/USD Up At The End Of U.S. Session
• A.M. Best Ups Amerisafe
• Forex – USD/JPY Up Toward The End Of U.S. Session
• U.S. Drilling Activity Slips
• Dell & SAP To Extend IT Ties
• Netflix Partners With Miramax
• Forex – EUR/USD Up Toward The End Of U.S. Session
• Lunar Cycle Tweaked On Stocktwits
• U.S. Markets Mixed At Close; Dow Jones Down 0.55%
• CVS Caremark’s PBM Shows Strength
• Agilent Reports Solid 2Q
• Noble’s Leviathan #2 Disappoints
• Arch’s Tender Offer To Buy ICO
• Chevron To Resume Buckskin Drilling
• The Great Switch By The Super Rich
• Forex – GBP/USD Up During The U.S. Session
• TJX Falls Short Of Estimate
• M&T Seals Wilmington Trust Deal
• BofA: Big Friend Of Small Biz
• Hot Option Plays: Watch The Zig-Zag
• Wal-Mart Beats Estimates
• Forex – USD/CAD Down In U.S. Trade
• Forex – EUR/USD Up In U.S. Trading Hours
• LyondellBasell Bulls Dabble In Chemical Maker’s Call Options
• IDOX Set To Launch Online System For Planning Applications
• Russell Napier Says One More Deflationary Bust To Come

Forex – GBP/JPY Down During The Asian Session Posted: 17 May 2011 05:45 PM PDT Forex Pros – The British Pound was lower against the Japanese Yen on Wednesday.<br/><br/> GBP/JPY was trading at 132.31, down 0.001% at time of writing.<br/><br/> The pair was likely to find support at 130.30, Friday&rsquo;s low, and resistance at 133.19, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the U.S. Dollar and the Euro, with GBP/USD shedding 0.02% to hit 1.6249 and EUR/GBP rising 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down On Economic Data Posted: 17 May 2011 05:15 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Wednesday after the release of Japanese data on Tertiary Industry Activity Index.<br/><br/> USD/JPY was trading at 81.37, down 0.05% at time of writing.<br/><br/> The pair was likely to find support at 80.35, Friday&rsquo;s low, and resistance at 81.78, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Japan&rsquo;s tertiary industry activity index … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up In Asian Trade Posted: 17 May 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 1.4252, up 0.11% at time of writing.<br/><br/> The pair was likely to find support at 1.4048, Monday&rsquo;s low, and resistance at 1.4339, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.11% to hit 0.8770 and EUR/JPY rising 0.11% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Japan’s Tertiary Index Falls More-than-expected Posted: 17 May 2011 05:00 PM PDT Forex Pros – Japan&rsquo;s tertiary industry activity index fell more-than-expected last month, official data showed on Tuesday.<br/><br/>In a report, METI said that Japanese tertiary industry activity index fell to a seasonally adjusted -6.0%, from 1.0% in the preceding month whose figure was revised up from 0.8%.<br/><br/>Analysts had expected Japanese tertiary industry activity index to fall -5.4% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Up During Asian Trade Posted: 17 May 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 81.51, up 0.11% at time of writing.<br/><br/> The pair was likely to find support at 80.35, Friday&rsquo;s low, and resistance at 81.78, today&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.22% to hit 1.4269 and GBP/USD falling 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Up In Asian Trade Posted: 17 May 2011 04:05 PM PDT Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Tuesday after the release of N.Z. data on PPI Input.<br/><br/> NZD/USD was trading at 0.7856, up 0.08% at time of writing.<br/><br/> The pair was likely to find support at 0.7756, Monday&rsquo;s low, and resistance at 0.7991, Thursday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that New Zealand&rsquo;s producer price inflation input rose … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

N.Z. PPI Input Rises More-than-expected Posted: 17 May 2011 04:00 PM PDT Forex Pros – New Zealand&rsquo;s producer price inflation input rose more-than-expected in the last quarter, official data showed on Tuesday.<br/><br/>In a report, Statistics New Zealand said that N.Z. PPI input rose to a seasonally adjusted 2.2%, from 0.9% in the preceding quarter.<br/><br/>Analysts had expected N.Z. PPI input to rise 0.6% in the last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Android ClientLogin Vulnerable To Security Risks Posted: 17 May 2011 03:55 PM PDT 05/17/11 99% of Android devices are vulnerable to ID data leaks. According to the University of Ulm, Android smartphones can expose personal information when utilizting the ClientLogin authentication protocol on open Wi-fi … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down During Asian Trade Posted: 17 May 2011 03:30 PM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Tuesday.<br/><br/> GBP/USD was trading at 1.6243, down 0.06% at time of writing.<br/><br/> The pair was likely to find support at 1.6147, Friday&rsquo;s low, and resistance at 1.6380, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.06% to hit 0.8765 and GBP/JPY falling 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Elephant And BUY/SELL SFMI – .083/.097 Posted: 17 May 2011 03:23 PM PDT While I wait for a clear BUY signal from the mining index HUI/GDX, I have been trading the US Dollar futures in my spare time and doing well with about 85% of my trades profitable. But I saw this Silver Falcon Mining (SFMI) setup, by chance, and decided to take a quick dive into the unknown. Click on either chart to ENLARGE The stock has a very firm multi-month level of support at $0.12, and it opened trade today at $0.14. But when I saw that it had traded at $0.09 in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Day Ahead: Earnings – Abercrombie & Fitch, BJ’s, And Target; FOMC Minutes, Weekly Mortgage Applications, EIA Oil Inventories Posted: 17 May 2011 10:20 AM PDT 05/17/11 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

Hot Option Plays: Techs Drag Posted: 17 May 2011 03:17 PM PDT Cusick’s Corner The Bulls have the Buck, UUP, finishing the After Hours at the worst levels of the day. Tech, QQQQ, was the drag as earnings came in strong but forecasts were guided down for future quarters. Finance, XLF, finished the day at its best levels, taking some of the pressure off of the big banks, for now. So the market firmed into the After Hours but I am still skeptical, and I will be watching the crude inventories out after the open to see if the Energies and Crude will continue … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Market Summary For Tuesday, May 17, 2011 Posted: 17 May 2011 03:17 PM PDT Stocks looked to be set for another terrible session but just before lunchtime they put in their lows for the day and spent the rest of the session rallying to flat on the S&P 500 and Nasdaq Composite. The DJIA finished down 0.6% mostly due to the reaction to the Hewlett-Packard (symbol: HPQ) earnings and some weakness in Alcoa (symbol: AA) and Caterpillar (symbol: CAT) with the industrial and materials sectors lagging the market. Market breadth leaned toward the negative side as investors … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Manitowoc Refinances Credit Facility Posted: 17 May 2011 03:08 PM PDT Manitowoc Co. Inc. (NYSE:MTW) has improved the strength and flexibility of its capital structure and reduced the interest rate paid on outstanding debt by refinancing its secured credit facilities. The company's revolving credit facility has increased by $100 million to $500 million and, including updated term loans, the facilities total $1.25 billion. The new credit facility will lead to cash interest savings of $10 million in 2011. On April 13, 2011 the company had announced its intention … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Foster Wheeler Wins Contract Posted: 17 May 2011 03:02 PM PDT A subsidiary of Foster Wheeler AG's (NASDAQ:FWLT) Global Power Group received a contact for three circulating fluidized-bed (CFB) steam generators from Zhejiang Jiahua Industrial Park Investment & Development Company of China. The generators will be designed and supplied by the company for China Chemical and New Material Park (Jiaxing) in east China’s Jiaxing city, Zhejiang Province, to meet its rising demand for steam. The terms of the contract were not disclosed. The second-quarter 2011 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

UAL Upgraded To Neutral Posted: 17 May 2011 03:02 PM PDT We are upgrading our long-term recommendation on the largest U.S. airline United Continental Holdings Inc. (UAL) to Neutral from Underperform. United Continental is benefiting from industry consolidation as well as improved economic conditions. Though we remain concerned about escalating fuel prices, United Continental has so long been able to pass on the higher costs to its customers in the form of fare hikes. United Continental is also well prepared to combat rising fuel costs by reducing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Endo Pharma Evenly Poised Posted: 17 May 2011 03:02 PM PDT We are maintaining our Neutral stance on Endo Pharmaceuticals (NASDAQ:ENDP) with a target price of $44.00. Headquartered in Chadds Ford, Pennsylvania and founded in 1997, Endo Pharma is a specialty healthcare solutions company. The company, which operates in the US, reports results through three segments: Branded Pharmaceuticals, Generics and Devices and Services. Endo Pharma offers more than 175 products in the areas of pain management, urology and oncology. In April 2011, Endo Pharma reported its … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

URS Wins Marine Order Posted: 17 May 2011 03:02 PM PDT URS Corporation (NYSE:URS) has been awarded an order by the Department of Defense to provide maintenance support services for U.S. Marine Corps vehicles and support equipment in Georgia, North Carolina and South Carolina. The indefinite delivery/indefinite quantity contract has a maximum value of $101 million to URS. URS continues to see favorable trends in the federal government sector. There is strong funding for O&M programs — which means increased opportunities to support long-term DoD … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Scientific Games Acquires Barcrest Posted: 17 May 2011 03:02 PM PDT Scientific Games Corp. (NASDAQ:SGMS) has agreed to acquire Barcrest Group Limited, a supplier of gaming content and machines in Europe, from International Game Technology (NYSE:IGT) for an estimated 33 million pound Sterling, payable in cash. An additional amount of up to 2 million pounds will be payable, subject to the satisfaction of certain conditions relating to third party contracts. Following the acquisition, Barcrest will be integrated into Scientific Games’ gaming divisions, namely Global Draw … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Deere Posted: 17 May 2011 02:23 PM PDT Deere & Company (NYSE:DE) is scheduled to announce its second quarter 2011 results on May 18, 2011. The current Zacks Consensus Estimate is $2.06 for the second quarter fiscal 2011, projecting year-over-year growth of 30.5%. With respect to earnings surprises, over the trailing four quarters, Deere outperformed the Zacks Consensus Estimate. The average earnings surprise was 23.2%, implying that Deere has surpassed the Zacks Consensus Estimate by the same magnitude over the last four … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stryker Buys Orthovita With Cash Posted: 17 May 2011 02:23 PM PDT Medical technology giant Stryker Corp (NYSE:SYK) has struck a definitive agreement to acquire orthobiologic and biosurgery products maker Orthovita Inc (NASDAQ:VITA) for $316 million in cash. The transaction has been cleared by the Boards of both companies. Under the deal, shareholders of Orthovita will receive $3.85 for each share they hold. This represents roughly 41% premium over Orthovita's closing price of $2.73 on May 13. The deal value (of $316 million) includes the assumption of $12 million … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

New Contracts For Harsco Rail Posted: 17 May 2011 02:23 PM PDT Harsco Corporation (NYSE:HSC) recently received a contract from Network Rail for an estimated value of $50 million. This is a renewal contract with an extended tenure of four years. Under the contract, the company's Rail segment will continue to provide railway switch grinding services to Network Rail in the UK rail system. Harsco will operate and maintain a fleet of up to five switch grinding units, performing regular rail grinding of switch and crossing trackwork. Rail grinding services … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Closing Bell Market Monitor: HPQ, WMT, HD, DELL Posted: 17 May 2011 02:15 PM PDT 05/17/11 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

Deere & Company Posted: 17 May 2011 02:11 PM PDT Deere & Company is a provider of advance products and services for agriculture and forestry. It is also a major provider of products and services for construction, lawn and turf care, landscaping and irrigation. The Company and its subsidiaries have operations which are categorized into three major business segments: agriculture and turf; construction and forestry; and credit. Technicals shows that it could be a good time to enter into Deere & Co now. The next lower support … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Picks For Wednesday May 18, 2011 Posted: 17 May 2011 02:03 PM PDT ( click to enlarge ) Akorn, Inc. (NASDAQ:AKRX) – As long as the stock holds above the $6.50 support level the intermediate-term picture should remain positive. Fresh exposures may be considered on a move past $6.94, with a stop-loss at $6.50. ( click to enlarge ) Radio One, Inc. (NASDAQ:ROIAK) may be close to breaking to new highs here. The stock has been consolidating the past few days and just recently started inching above most of the consolidation area. Volume is starting to pick up again and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Valspar Reports In Line Posted: 17 May 2011 02:02 PM PDT The Valspar Corporation's (NYSE:VAL) net earnings moved up 3 cents to 64 cents in the second quarter of 2011 from last year's 61 cents and were in line with the Zacks Consensus Estimate. Adjusted net earnings excluded charges relating to acquisition of 5 cents per share and restructuring actions of 1 cent per share. Including these charges earnings per share were 58 cents in the second quarter of 2011. Revenues Quarterly sales jumped about 23.5% year over year to $992.7 million, driven by new … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

American Capital Stays Neutral Posted: 17 May 2011 02:02 PM PDT We maintain our Neutral rating on American Capital Agency Corp. (NASDAQ:AGNC), a leading real estate investment trust (REIT) that focuses on investments in mortgage pass-through securities and collateralized mortgage obligations (CMOs), as we anticipate it to perform in line with the broader market. American Capital invests only in fixed-rate agency securities where payments are guaranteed by the U.S. government or government-owned entities, such as Fannie Mae (FNMA), Freddie Mac (FMCC) and … [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: 17 May 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 Industrial Production.<br/><br/> EUR/USD was trading at 1.4237, up 0.57% at time of writing.<br/><br/> The pair was likely to find support at 1.4048, Monday&rsquo;s low, and resistance at 1.4339, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. industrial production remained unchanged unexpectedly at 0.0% last month, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

A.M. Best Ups Amerisafe Posted: 17 May 2011 01:42 PM PDT Yesterday, Amerisafe Inc. (NASDAQ:AMSF) announced that rating agency A.M. Best has upgraded its financial strength ratings (FSR) while affirming the positive outlook. Accordingly, the rating agency promoted the FSR of "A" from "A-" for Amerisafe and its subsidiaries, including American Interstate Insurance Company, Silver Oak Casualty, Inc. and American Interstate Insurance Company of Texas. The rating carries an excellent status and is the third highest of A.M. Best's 15 rating … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Up Toward The End Of U.S. Session Posted: 17 May 2011 01:40 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Tuesday after the release of U.S. data on Housing Starts.<br/><br/> USD/JPY was trading at 81.37, up 0.72% at time of writing.<br/><br/> The pair was likely to find support at 80.35, Friday&rsquo;s low, and resistance at 81.78, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that the number of housing starts in the U.S. fell unexpectedly to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Drilling Activity Slips Posted: 17 May 2011 01:32 PM PDT In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (NYSE:BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting a decrease in the tally of land rigs. Interestingly, for the fourth week in a row there continues to be more rigs drilling for oil than gas – the first time this has happened since 1995 – as companies look to capitalize on soaring oil prices, which are currently trending at around $97 a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dell & SAP To Extend IT Ties Posted: 17 May 2011 01:32 PM PDT Dell Inc. (NASDAQ:DELL) and SAP AG (NYSE:SAP) will join forces to deliver innovative cloud-based and in-memory database offerings to help organizations transform their businesses through improved availability of business information. The announcement was made at the Sapphire Conference held by SAP in Orlando. Under the terms of the agreement, SAP's cloud-based software applications can be deployed through Dell's VIS Next Generation Datacenter Platform. The amalgamation will help customers to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Netflix Partners With Miramax Posted: 17 May 2011 01:32 PM PDT Netflix Inc. (NASDAQ:NFLX) has signed a multi-year agreement with Miramax films, enabling its US members to watch critically acclaimed and popular titles like "Pulp Fiction," "Good Will Hunting" and "The English Patient" from June. Through this agreement, Netflix will gain the rights of Miramax's film library that boasts 700 titles. Though the financial details of the deal were not available, Miramax has confirmed that the deal is non-exclusive in nature and such other partnerships … [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: 17 May 2011 01:25 PM 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 1.4235, up 0.56% at time of writing.<br/><br/> The pair was likely to find support at 1.4048, Monday&rsquo;s low, and resistance at 1.4339, Friday&rsquo;s high.<br/><br/> Earlier in the day, data showed that German ZEW economic sentiment fell more-than-expected to 3.1 last month, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Lunar Cycle Tweaked On Stocktwits Posted: 17 May 2011 01:24 PM PDT My May 5 blog post entitled “Time-Segmented Market Analysis with Lunar Phases” was tweaked on StockTwits so I’m going to have to answer here even though I fear giving the Lunar Cycle Theory more credence than it truly deserves. @fstrtrdr had this to say the next day: “Lunar phases? Add in the Werewolf and vampire indicators and watch Loonie Tunes for trade ideas?” Now fstrtrdr’s bio says “My trading records for personal reference only. Don’t follow me since I am almost always trading options … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Markets Mixed At Close; Dow Jones Down 0.55% Posted: 17 May 2011 01:10 PM PDT Forex Pros – U.S. stocks were mixed after the closing bell on Tuesday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average fell 0.55%, the S&P 500 index shed 0.04%, while the Nasdaq 100 index climbed 0.24%.<br/><br/> Earlier in the day, official data showed that U.S. industrial production remained unchanged unexpectedly at 0.0% last month, from 0.7% in the preceding month whose figure was revised down from 0.8%.<br/><br/> Analysts had … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CVS Caremark’s PBM Shows Strength Posted: 17 May 2011 01:02 PM PDT Recently, CVS Caremark Corporation (NYSE:CVS) decided to initiate preliminary testing of a real-time, integrated electronic prior authorization (ePA) capability for its Pharmacy Benefit Management (PBM) clients. This ePA is expected to enhance patient experience by fast access to prescription medications. Amidst a solid progress of CVS's PBM segment, this step is expected to encourage the company's performance further. The company considers this pilot study to be the first step towards the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Agilent Reports Solid 2Q Posted: 17 May 2011 01:02 PM PDT Agilent Technologies' (NYSE:A) second quarter earnings beat the Zacks Consensus by 3 cents, or 11.0%. Strong revenue growth across markets and product lines, expansion in Electronic Measurement segment margins and a lower tax rate helped drive results in the last quarter. Japan did not have any material impact on results, either in terms of the supply chain or in terms of demand and Agilent stated that it does not expect any impact on results in the coming quarters. Revenue Agilent's revenue … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Noble’s Leviathan #2 Disappoints Posted: 17 May 2011 01:02 PM PDT Noble Energy Inc. (NYSE:NBL) said that its drilling operations at the Leviathan #2 well located offshore Israel witnessed water flowing to the sea floor from the wellbore, indicating the absence of any hydrocarbons in the produced water. This led Noble to conclude that current location and wellbore are unsuitable for drilling, bringing the drilling operations at the well to a halt. Noble Energy said that the drilling at the Leviathan #2 well had not yet reached the depth of the targeted gas … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Arch’s Tender Offer To Buy ICO Posted: 17 May 2011 01:02 PM PDT Coal miner Arch Coal Inc. (NYSE:ACI), yesterday, commenced the previously announced tender offer to gain control of all outstanding shares of rival International Coal Group Inc. (NYSE:ICO). Per the offer, Arch has agreed to pay $14.60 per share in cash, without interest, to Internal Coal shareholders who are willing to tender their shares. Arch Coal said its wholly owned subsidiary Atlas Acquisition Corp. will commence the offer on behalf of Arch. Arch said the tender offer and withdrawal rights are … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Chevron To Resume Buckskin Drilling Posted: 17 May 2011 01:02 PM PDT U.S. energy behemoth Chevron Corp. (NYSE:CVX) has got the green light for conducting oil and natural gas exploratory drilling in the Gulf of Mexico (GoM). The approval by the U.S. regulators is the second for Chevron in the region since British giant BP plc's (NYSE:BP) oil rig disaster in April last year. As a reminder, on April 20, 2010, offshore driller Transocean Inc's (NYSE:RIG) ultra-deepwater Horizon drilling platform, contracted to BP, sank following an explosion while operating in the U.S. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Great Switch By The Super Rich Posted: 17 May 2011 12:52 PM PDT Forty years ago, wealthy Americans financed the U.S. government mainly through their tax payments. Today wealthy Americans finance the government mainly by lending it money. While foreigners own most of our national debt, over 40 percent is owned by Americans – mostly the very wealthy. This great switch by the super rich – from paying the government taxes to lending the government money — has gone almost unnoticed. But it's critical for understanding the budget predicament we're now … [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: 17 May 2011 12:45 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Tuesday after the release of U.K. data on CPI.<br/><br/> GBP/USD was trading at 1.6246, up 0.34% at time of writing.<br/><br/> The pair was likely to find support at 1.6147, Friday&rsquo;s low, and resistance at 1.6380, Thursday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Consumer price inflation in the U.K. rose more-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

TJX Falls Short Of Estimate Posted: 17 May 2011 12:32 PM PDT The TJX Companies Inc. (NYSE:TJX) reported adjusted earnings of 78 cents per share for the first quarter ended April 30, 2011 missed the Zacks Consensus Estimate of 80 cents and declined 2.5% from the prior-year quarter. Quarterly Details Total net sales during the quarter grew 4.1% year-over-year to $5,220.3 million, which was above the Zacks Consensus Estimate of $5,180.0 million. TJX’s consolidated same-store sales increased 2.0% in the quarter driven by same-store sales growth at Marmaxx … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

M&T Seals Wilmington Trust Deal Posted: 17 May 2011 12:32 PM PDT Yesterday, M&T Bank Corporation (NYSE:MTB) announced the completion of the Wilmington Trust Corporation's acquisition. The deal added 55 branch locations, 225 ATMs and $10.7 billion in assets to M&T. M&T now has approximately $78 billion in assets, 780 retail and commercial branches, and 2,000 ATMs in New York, Pennsylvania, Maryland, Virginia, West Virginia, New Jersey, Delaware, Florida, the District of Columbia and Ontario, Canada. The company also offers wealth management … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BofA: Big Friend Of Small Biz Posted: 17 May 2011 12:32 PM PDT Bank of America Corp. (NYSE:BAC) spent $4.1 billion in 2010 toward its five-year commitment to increase spending on small, medium-sized and diverse businesses, the company reported on Monday. This phenomenal amount was expended in just the first year of BofA's obligation.   In June 2010, BofA announced that it will increase its spending on small, medium-sized and diverse businesses. Initially the company pledged to buy $10 billion worth products and services from these companies over a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Watch The Zig-Zag Posted: 17 May 2011 12:18 PM PDT Cusick’s Corner I do not like what I see — too many stocks are slicing through mid-term support, 50 SMA, and the sector rotation is very defensive. In full disclosure I am working, not in yet, a neutral/bearish ratio spread in the S&Ps. The Bulls are on watch, neutral positioning that has some bearish potential might not be the worst idea at this stage. For those of you who are positioned on the long side, adding some put exposure might be a prudent strategic option. Technicians are … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Wal-Mart Beats Estimates Posted: 17 May 2011 12:12 PM PDT Wal-Mart Stores Inc. (NYSE:WMT) reported better-than-expected first-quarter 2012 results. The retailing giant reported quarterly earnings of 98 cents a share up by 12.6% over the prior-year earnings of 87 cents a share as well as surpassing the Zacks Consensus estimate by 2 pennies. The quarter's earnings included a benefit of $0.01 per share related to currency translation. Revenue and Margin Details Wal-Mart's net sales for the first quarter climbed 4.4% to $103.4 billion from $99.1 billion … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In U.S. Trade Posted: 17 May 2011 12:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Tuesday after the release of U.S. data on Housing Starts.<br/><br/> USD/CAD was trading at 0.9729, down 0.30% at time of writing.<br/><br/> The pair was likely to find support at 0.9600, Thursday&rsquo;s low, and resistance at 0.9794, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that the number of housing starts in the U.S. fell unexpectedly to a … [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: 17 May 2011 11:45 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on Industrial Production.<br/><br/> EUR/USD was trading at 1.4205, up 0.35% at time of writing.<br/><br/> The pair was likely to find support at 1.4048, Monday&rsquo;s low, and resistance at 1.4339, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. industrial production remained unchanged unexpectedly at 0.0% last month, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

LyondellBasell Bulls Dabble In Chemical Maker’s Call Options Posted: 17 May 2011 10:57 AM PDT LyondellBasell bulls dabble in chemical maker's call options Today's tickers: LYB, EEM, JACK & MWW (LYB) – LyondellBasell Industries NV – Two sizable bullish options trades on the chemical manufacturer indicate strategists expect shares in LyondellBasell Industries to rise significantly over the next four months. Shares in the Rotterdam-based company increased as much as 2.9% today to secure an intraday high of $39.22 on a positive note from analysts at Morgan Stanley. A ratio call … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

IDOX Set To Launch Online System For Planning Applications Posted: 17 May 2011 05:12 AM PDT IDOX (LON:IDOX), the company that supplies software and services to the UK public sector, said today that it preparing to go 'fully live' in September with an online system to handle consultations for planning applications. The service will be provisionally launched in June as a replacement to a government-run e-consultation hub that was closed last December in the wake of public sector funding cuts. IDOX said its new system would help iron out inefficiencies in existing manual and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Russell Napier Says One More Deflationary Bust To Come Posted: 17 May 2011 12:54 AM PDT This will turn a happy face into a sad face. But we must listen to all points of view. As I understand it for Russell Napier’s forecast of SP500 to hit under 500, two things must happen (1) The fed stops QE’s and (2) the bond market re price to inflation expectations. All I know, is that cycles will help us all catch the correct wave to surf. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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