DailyMarkets.com - LongHorn Debuts In South Carolina
DailyMarkets.com - LongHorn Debuts In South Carolina |
- LongHorn Debuts In South Carolina
- L-3′s Legacy Defense Deal
- Earnings Preview: Polo Ralph
- Forex Trading: EURUSD Makes New Highs
- Milestone Payment For Auxilium
- U.S. New Home Sales Rise More-than-expected In April
- Goodrich Gets Bofors Contract
- Jamba Reports A Loss
- Forex – USD/CAD Erases Losses On BoC Rate View
- USD/JPY In A 3-Swing Retracement To 83.30?
- Calgon Carbon Awarded Contracts
- Stock Market News Briefs: Buckle, DemandTec, Consolidated Edison, Goldman Sachs Group, ON Semiconductor, Pacific Gas & Electric Co., PAREXEL International, Sony, UIL Holdings Corporation
- Crude Oil Futures Extend Gains After Goldman Upgrade
- Stalking The Correction In USD/CAD
- Forex Trading: GBPUSD Tests 100 Hour MA Resistance At 1.6172. 100 Day MA Eyed Too
- Concur Partners For API
- FX Headlines: Temporary Rebound In Risk Appetite Boosts Commodity Currencies
- Morning Market Brief
- Belgium NBB Business Climate Tumbles In May
- Hartford Sells Unit To CenterState
- SPG To Develop Mall In Canada
- Growth Debate Is Key Issue
- Forex Trading: EURUSD Tracking Slowly Above The 100 Bar MA
- Gold Crawling Towards Resistance At 1526.50
- Forex – EUR/JPY Rises To 2-day High As Greece Eyed
- Pound Deflects Weaker Data, Possible Downgrades To Key Banks
- U.S. Stock Futures Higher Ahead Of Housing Data; Dow Up 0.2%
- Earnings Scorecard: Home Depot
- Rep. Michael Grimm (R-NY) Inducted Into Sense On Cents Hall Of Shame
- Forex – Dollar Broadly Lower As EZ Debt Jitters Continue
- Euro Tentatively Rallies As German IFO Business Climate Index Beats Forecasts
- GBP/USD Reacting After 50% Retracement
- Forex – GBP/USD Trims Gains After Greece Rejects Austerity Plan
- Britain’s CBI Realized Sales Fall Less-than-expected
- Conygar On The Lookout For Deals As Interim NAV Improves 2.7%
- Forex News – Improved Sentiment Yet With Caution
| LongHorn Debuts In South Carolina Posted: 24 May 2011 08:05 AM PDT LongHorn Steakhouse, operated by Florida-based Darden Restaurants Inc. (NYSE:DRI), recently opened its first restaurant in Bluffton, South Carolina. The new 5,600-square feet restaurant accommodates 200 guests and Chad Mitchell, the industry veteran, is the managing partner.
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| Posted: 24 May 2011 07:40 AM PDT Systems Field Support (SFS), a division of L-3 Communications Holdings Inc. (NYSE:LLL), has received a contract worth $32.9 million from the U.S. Navy (USN) and U.S. Air Force (USAF) to provide full Contractor Logistics Support (CLS) for their respective fleets of C-12 aircraft. The contract is spread over a span of five years with a total potential value of more than $300 million.
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| Posted: 24 May 2011 07:35 AM PDT Polo Ralph Lauren Corp. (NYSE:RL) is scheduled to release its fourth-quarter 2011 results on Wednesday, May 25, 2011.
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| Forex Trading: EURUSD Makes New Highs Posted: 24 May 2011 07:16 AM PDT |
| Milestone Payment For Auxilium Posted: 24 May 2011 07:05 AM PDT Auxilium Pharmaceuticals, Inc. (NASDAQ:AUXL) recently received a $7.5 million milestone payment from Pfizer, Inc. (NYSE:PFE) related to the first sale of Xiapex in Germany. Xiapex, which gained approval in the EU in late Feb 2011, is indicated for the treatment of Dupuytren's contracture in adult patients with a palpable cord.
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| U.S. New Home Sales Rise More-than-expected In April Posted: 24 May 2011 07:05 AM PDT Forex Pros – U.S. new home sales rose more-than-expected in April, increasing for the second consecutive month, official data showed on Tuesday.<br /><br />In a report, the U.S. Census Bureau said new home sales rose by 7.3% to a seasonally adjusted 323,000 units in April, up from 301,000 units in March, whose figure was upwardly revised from 300,000 units.<br /><br />Analysts had expected the number of new home sales to rise to 305,000 units. <br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 24 May 2011 06:55 AM PDT Goodrich Corporation's (NYSE:GR) Sensors and Integrated Systems business in Plymouth, UK has received a follow-on order from Saab Bofors Dynamics AB for additional inertial measurement units (IMUs) for its Next-generation Light Anti-tank Weapon (NLAW) system. The contract covers additional NLAW units intended for export; deliveries are expected to complete in 2012.
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| Posted: 24 May 2011 06:55 AM PDT Jamba Inc. (NASDAQ:JMBA) reported first quarter 2011 loss of 11 cents per share, which was wider than the Zacks Consensus Estimate of loss of 7 cents, but narrowed from the prior-year quarter loss of 13 cents per share.
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| Forex – USD/CAD Erases Losses On BoC Rate View Posted: 24 May 2011 06:50 AM PDT Forex Pros – The U.S. dollar erased losses against its Canadian counterpart on Tuesday, as markets trimmed expectations for an interest rate hike by the Bank of Canada next week.<br /><br />USD/CAD clawed back up from 0.9755, the daily low, to hit 0.9781 during early U.S. trade, easing up 0.04%.<br /><br />The pair was likely to find support at 0.9730, Monday’s low and short-term resistance at 0.9809, Monday’s high and a two-month high.<br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| USD/JPY In A 3-Swing Retracement To 83.30? Posted: 24 May 2011 06:46 AM PDT USD/JPY Completing Corrective Structure with Bearish Divergence (5/19) Short-Term- The market completed a 2-swing rally to 82.00 last week with bearish divergence. The market looked ready to continue the bearish mode staying under the 200SAM in the 4H chart.
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| Calgon Carbon Awarded Contracts Posted: 24 May 2011 06:36 AM PDT Hyde Marine, a wholly owned subsidiary of Calgon Carbon Corporation (NYSE:CCC) was awarded three contracts to supply a total of 13 Hyde GUARDIAN Ballast Water Treatment (BWT) Systems for use on various vessels.
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| Posted: 24 May 2011 06:36 AM PDT After a security researcher reported that social networking site LINKEDIN CORP (LNKD) has serious security serious flaws which makes its user accounts susceptible to hackers, share prices of the social networking site dropped 5.15% to close at $88.30 Shares of Sony (NYSE:SNE) slid 1.7% to $26.59 after the electronics maker reported it would incur a loss of 260 billion yen ($3.19 billion) because of the impact of the tsunami and earthquake which had hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Crude Oil Futures Extend Gains After Goldman Upgrade Posted: 24 May 2011 06:26 AM PDT Forex Pros – Crude oil futures extended gains on Tuesday, recouping nearly all of Monday’s losses after Goldman Sachs raised its oil-price forecast and recommended buying the commodity, while a weaker U.S. dollar also lent support.<br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in July traded at USD99.47 a barrel during U.S. morning trade, rallying 2%. <br /><br />It earlier rose … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Stalking The Correction In USD/CAD Posted: 24 May 2011 06:24 AM PDT USD/CAD is Attempting to Confirm an Inverted Head and Shoulder (5/20) Short-Term to Medium Term- The USD/CAD was turned away at 0.98 but looks bullish in the medium term.
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| Forex Trading: GBPUSD Tests 100 Hour MA Resistance At 1.6172. 100 Day MA Eyed Too Posted: 24 May 2011 06:21 AM PDT Earlier today this MA was tested and the market found sellers. The pair is back up testing again at the 1.6172 level. This level has the 50% Fibo level at 1.6180 right behind it. This makes the area a difficult nut to crack but will likely encourage the bulls if broken. Until then however, the temptation to take profit should keep the market balanced.
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| Posted: 24 May 2011 06:16 AM PDT Concur Technologies Inc. (NASDAQ:CNQR) entered into a partnership with UK's leading online rail retailer, trainline.com. Through this partnership, Concur's existing online facility for booking air, car, or hotel reservations will be available with trainline.com’s API (Application Programming Interface), called Trainline Connect.
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| FX Headlines: Temporary Rebound In Risk Appetite Boosts Commodity Currencies Posted: 24 May 2011 06:13 AM PDT Despite yesterday's losses across riskier asset classes, a temporary rebound in risk appetite in the overnight fueled by gains in commodities helped boost equity markets in the Asian and European sessions overnight, propping up the commodity currencies ahead of the U.S. session open. Fundamental Headlines
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| Posted: 24 May 2011 06:10 AM PDT 05/24/11 The latest in news, commentary, and information on what’s moving the US equities … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Belgium NBB Business Climate Tumbles In May Posted: 24 May 2011 06:08 AM PDT Forex Pros – Belgian business confidence tumbled unexpectedly in May, turning negative for the first time in nine months, official data showed on Tuesday. <br /><br />In a report, the National Bank of Belgium said its business climate index plunged to a seasonally adjusted -0.5 in May from 2.8 in April.<br /><br />Analysts had expected the index to advance to 3.2 in May. <br /><br />On the index, a reading above 0.0 indicates improving conditions, below … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Hartford Sells Unit To CenterState Posted: 24 May 2011 06:05 AM PDT In order to shed off its petty businesses, Hartford Financial Services Group Inc. (NYSE:HIG) has agreed to sell its thrift holding company – Federal Trust Corp. to CenterState Bank of Florida, a subsidiary of CenterState Banks Inc. (NASDAQ:CSFL).
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| Posted: 24 May 2011 06:05 AM PDT Simon Property Group Inc (SPG) and Calloway Real Estate Investment Trust signed a Letter of Intent to develop the Premium Outlet shopping center in the Town of Halton Hills, Ontario. Located just 15 minutes outside Toronto, this will be the first Premium Outlet Center in Canada.
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| Posted: 24 May 2011 06:05 AM PDT We have started seeing the word ‘default’ and ‘Greek debt’ being used in the same sentence for the first time. And this has to count as an improvement in the overall discourse on the European debt problem. The debate is hardly settled, but this is exactly what should constitute the core of the debate. The markets are already pricing some measure of Greek default if we look at the yields on Greek government bonds. And the political elites in Europe appear to be coming around to that view as … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: EURUSD Tracking Slowly Above The 100 Bar MA Posted: 24 May 2011 06:03 AM PDT The EURUSD is slowly moving higher today tracking the 100 bar MA in the process. The pair found earlier resistance against the 38.2% retracement of the move down from the May 20th high. That level comes in at the 1.41124 level. A move above this level will be needed to keep the bulls in charge.
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| Gold Crawling Towards Resistance At 1526.50 Posted: 24 May 2011 05:58 AM PDT Gold (XAU/USD) Short-Term to Medium Term- Gold has been tentatively rallying from the 1470 support area.It is now nearing a resistance pivot at 1526.50.
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| Forex – EUR/JPY Rises To 2-day High As Greece Eyed Posted: 24 May 2011 05:53 AM PDT Forex Pros – The euro climbed to a two-day high against the yen on Tuesday, but remained vulnerable to fresh losses as ongoing concerns over Greek sovereign debt kept investors on alert.<br /><br />EUR/JPY hit 115.74 during European afternoon trade, the pair’s highest since Friday; the pair subsequently consolidated at 115.66, rising 0.40%.<br /><br />The pair was likely to find support at 113.86, Monday’s low and a one-week low and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Pound Deflects Weaker Data, Possible Downgrades To Key Banks Posted: 24 May 2011 05:40 AM PDT The Pound was resilient overnight and heading into the start of NY trading despite some softer data showing that public borrowing was more than expected in April.
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| U.S. Stock Futures Higher Ahead Of Housing Data; Dow Up 0.2% Posted: 24 May 2011 05:36 AM PDT Forex Pros – U.S. stock futures pointed to a higher open on Tuesday, rebounding from the previous session’s selloff, as shares in the commodity sector advanced and as investors awaited key data on new home sales. <br /><br />Dow Jones Industrial Average futures pointed a gain of 0.2%, the S&P 500 futures rose 0.35%, while Nasdaq 100 futures indicated an increase of 0.25%. <br /><br />Shares in the commodity … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Earnings Scorecard: Home Depot Posted: 24 May 2011 05:35 AM PDT The world’s largest home improvement retailer, The Home Depot Inc. (NYSE:HD), recently posted its first-quarter 2011 results. The street analysts had nearly a week to ponder on the news. In the subsequent paragraphs that follow, we will cover the recent earnings announcement, analysts’ estimate revisions as well as the Zacks Rank and long-term recommendation on the stock.
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| Rep. Michael Grimm (R-NY) Inducted Into Sense On Cents Hall Of Shame Posted: 24 May 2011 05:17 AM PDT Do you ever wonder how certain individuals in Washington might be so tone deaf as to miss the din and the roar of the American public screaming for increased transparency in our financial markets? Might these individuals be doing the bidding of the financial industry in return for the payoff of political campaign contributions?
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| Forex – Dollar Broadly Lower As EZ Debt Jitters Continue Posted: 24 May 2011 05:09 AM PDT Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Tuesday, as the euro found support after a report showed that German business sentiment stabilized unexpectedly this month.<br /><br />During European afternoon trade, the greenback was lower against the euro, with EUR/USD rising 0.28% to hit 1.4087.<br /><br />Earlier Tuesday, the Ifo institute said German business confidence held steady in May, confounding expectations for a modest … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Euro Tentatively Rallies As German IFO Business Climate Index Beats Forecasts Posted: 24 May 2011 05:03 AM PDT The Euro managed to rally a bit overnight on the back of a stronger than expected reading of the Germany IFO Business Climate Index as well as the lack of fresh bad news from Greece and the periphery. Bond spreads for periphery nations eased after surging yesterday, and with European stocks paring a part of their overnight losses, the EUR managed to climb above the 1.41 level in overnight trading.
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| GBP/USD Reacting After 50% Retracement Posted: 24 May 2011 04:49 AM PDT GBP/USD Breaks Below Rising Trendline after Dovish BoE Minutes (5/18) Short-Term to Medium Term- The GBP/USD started the week extending Friday's decline. However, the first US session supported the cable at 1.6060. There appears to be a reaaction here at 1.6177 near 50% retracement of the decline from 1.63 to 1.6060.
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| Forex – GBP/USD Trims Gains After Greece Rejects Austerity Plan Posted: 24 May 2011 04:36 AM PDT Forex Pros – The pound pulled back from a daily high against the U.S. dollar on Tuesday, tracking the euro lower after the leader of Greece’s main opposition party rejected the country’s new austerity plan.<br /><br />GBP/USD retreated from 1.6178, the daily high to hit 1.6144 during European afternoon trade, still up 0.13% on the day.<br /><br />Cable was likely to find support at 1.5970, the low of April 1 and resistance at 1.6232, Monday’s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Britain’s CBI Realized Sales Fall Less-than-expected Posted: 24 May 2011 04:35 AM PDT Forex Pros – Retail sales in Britain declined less-than-expected in May, industry data showed on Tuesday.<br /><br />In a report, the Confederation of British Industry said the result of its index of U.K. retailers fell to 18 in May, after rising to 21 in April.<br /><br />Analysts had expected the index to fall to 11 in May. <br /><br />On the index, a reading above zero indicates higher sales volume, below indicates lower. <br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Conygar On The Lookout For Deals As Interim NAV Improves 2.7% Posted: 24 May 2011 01:00 AM PDT Conygar Investment Company (LON:CIC) announced interim results this morning with core NAV increasing by 2.7% over the interim period to 154p per share; a premium of 30.5% to the current share price of 118p. Excluding disposals, the underlying profit increased to £3.4m from £1.1m in the prior period with the company citing cost cutting and reduced financing costs as key drivers.
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| Forex News – Improved Sentiment Yet With Caution Posted: 23 May 2011 11:08 PM PDT By ForexMansion.com
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