DailyMarkets.com - Top 4 Risks For Baby Boomer Retirement

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• Top 4 Risks For Baby Boomer Retirement
• Not Quite
• Forex – EUR/USD Down In Asian Trade
• Forex – USD/JPY Up During Asian Trade
• GE Advances Power Grid Tech
• Pfizer Data From 2 Studies
• HP To Acquire Printelligent
• Major Banks Form ClearXchange
• Four Dry Bulk Stocks To Watch
• Par To Acquire Indian Pharma Co.
• BCE Retains Neutral Rec
• Forex – NZD/USD Down In Asian Trade
• The Day Ahead: US GDP, Jobless Claims; Earnings – Sony, Tiffany
• Hot Option Plays: Tomorrow’s Pre-Market Data Release
• Accenture Boosts Offering
• Earnings Preview: Marvell Tech
• Deere Hikes Dividend, Invests In China
• Genomic Makes New Advances
• Inflationary Pressure Hurts Polo
• Do Anti-Dumping Tariffs On Furniture From China Create U.S. Jobs? Only For Washington Lawyers
• FDA Nod For Stryker ShapeMatch
• Delmarva Revises Wind Power Deal
• Dominion Starts New Unit In VA
• RGA Issues Notes
• Compuware Beats Zacks Estimate
• Ocwen Launches New Platform
• Closing Bell Market Monitor: AIG, TOL, CPKI
• Forex – EUR/USD Down At The End Of U.S. Session
• CryoPort Making Progress
• AstraZeneca Inks Daiichi Deal
• Forex – USD/JPY Up Toward The End Of U.S. Session
• EA Adds New Features To NHL12
• Not Much Problem For FDIC List
• Newfield Sheds Assets
• Forex – EUR/USD Down Toward The End Of U.S. Session
• Investors Beware: 4 Chinese Companies Of Questionable Value
• U.S. Markets Close Higher; Dow Jones Up 0.24%
• Raytheon Wins US Navy Deal
• Earnings Scorecard: GameStop
• Travelers Introduces New Products
• Marathon Spin-off Clears IRS Hurdle
• Other Voices For May 25
• 05/25 FX Options Report
• Forex – GBP/USD Up During The U.S. Session
• Siemens To Power Duke Energy
• J&J To Expand OTC Biz In Russia
• Risk/Reward Balance NSC
• Treasury Gains Small On AIG Offering
• Forex Trading: USDJPY Converging The Range. Something Has To Give.
• Market Myths Exploded – Doubling Down
• Forex – USD/CAD Down In U.S. Trade
• TiVo Beats On Patent Settlement
• Williams Wins Gulfstar FPS Award
• AMAT Reports In-Line
• Integra Buys SeaSpine
• Northrop For U.S Airforce’s New Plan
• May 25 Checkup On Most Overextended Stocks From 200d SMA
• Seed Maker Ceres Inc. Looking To Go Public
• Forex – EUR/USD Down In U.S. Trading Hours
• Toyota To Flourish In Indonesia
• Eni To Explore Arguni 1
• Durable Goods Drop
• Mark Haines 1946-2011
• Hot Option Plays: Shorts In A Bit Of A Squeeze
• ETF Market Is Risky – Protection Is Needed!
• Forex – AUD/USD Down In U.S. Trade
• Will AT&T/T-Mobile Finally Merge?
• Finding The Cheap Ones
• Rating Woes For U.K. Banks
• Strangle-strategist Targets Boeing
• Bearish On Transocean Near Term
• Forex – NZD/USD Up During The U.S. Session
• V.F. Corp Outperforms
• Costco’s Earnings Surges
• Paul Ryan Still Doesn’t Get It
• “People Focused On…whether To Take Profit”
• Central Bank Of Turkey Holds 1-week Repo Rate At 6.25%
• Forex Trading: GBPUSD Tests A A Key Support Level
• Tight Trade For Euro & Dollar On Mixed Economic Reports
• Forex – GBP/USD Up In U.S. Trade
• European Markets Close Higher; Dax Up 0.28%
• Wall Street Questions And Doubts
• Costco Rings Up Strong Quarterly Profits
• Why Asia Is The Epicenter Of Oil Demand Growth

Top 4 Risks For Baby Boomer Retirement Posted: 25 May 2011 05:19 PM PDT 'Many Baby Boomers and Gen Xers face a significant retirement income shortfall,' writes Alicia Munnell , director of the Center for Retirement Research at Boston College   As retirees live longer, finances will be stretched thinner.    Alicia Munnell wrote a piece for on Monday that zeroed in on the reasons retirement will be so much riskier for Baby Boomers than their parents and grandparents. According to Munnell, the current crop of retirees are living in a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Not Quite Posted: 25 May 2011 05:05 PM PDT Although I’ve pooh-poohed the notion of a U.S. economic recovery (click here and here for some recent commentary on the subject), that doesn’t mean some parts of the economy aren’t showing signs of life. Indeed, business is booming for certain of those firms that cater to the less well off — especially the newly poor who’ve been left high and dry amid endless Wall Street bailouts, an orgy of cheap money speculation, and a raging bull market in financially-engineered profits. Here are a few … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down In Asian Trade Posted: 25 May 2011 05:05 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4079, down 0.07% at time of writing.<br/><br/> The pair was likely to find support at 1.3970, Monday&rsquo;s low, and resistance at 1.4147, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.13% to hit 0.8646 and EUR/JPY falling 0.001% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Up During Asian Trade Posted: 25 May 2011 04:15 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Wednesday.<br/><br/> USD/JPY was trading at 82.01, up 0.05% at time of writing.<br/><br/> The pair was likely to find support at 81.33, Monday&rsquo;s low, and resistance at 82.21, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.02% to hit 1.4085 and GBP/USD rising 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GE Advances Power Grid Tech Posted: 25 May 2011 04:00 PM PDT General Electric Company (NYSE:GE) has plans to acquire Ireland-based FMC-Tech, a provider of real-time power line monitoring systems, to accelerate the commercialization of power grid technology. FMC-Tech solutions are a key component of a utility's distribution automation system providing information on locating faults, dynamic line ratings and helping management of maintenance and repair crews. GE will be able to deliver a new level of grid intelligence to utilities, improving decision-making … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Pfizer Data From 2 Studies Posted: 25 May 2011 04:00 PM PDT Recently, Pfizer Inc. (NYSE:PFE) announced data from two studies, which evaluated its rheumatoid arthritis (RA) candidate tofacitinib. Of the 2 studies from which detailed data were presented, one of them was a phase III study and the other a phase II study. The 12-month phase III study (ORAL Sync or A3921046: n= 792), evaluated tofacitinib (as a combination therapy) at two doses in patients suffering from moderate-to-severe active RA , who did not respond favorably to an existing therapy. Data … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

HP To Acquire Printelligent Posted: 25 May 2011 04:00 PM PDT The leading personal computer manufacturer in the world, Hewlett Packard Company (NYSE:HPQ) recently signed a deal to acquire Printelligent, a closely held provider of managed print services (MPS) for an undisclosed sum. Managed printing services are attracting major industry players. Research firm Gartner believes that major players in the IT space are deploying this service to efficiently meet the customer's printing requirements including printing equipment, supplies, service and the overall … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Major Banks Form ClearXchange Posted: 25 May 2011 03:57 PM PDT 05/25/11 Bank of America, JP Morgan Chase and Wells Fargo will launch a system for customers to transfer funds online through the clearXchange … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Four Dry Bulk Stocks To Watch Posted: 25 May 2011 03:36 PM PDT   ( click to enlarge ) The sell-off in Eagle Bulk Shipping Inc. (NASDAQ:EGLE) has stalled. The short-term trend is down, but this is a good spot to speculate on an oversold bounce. The stock has recovered from its its 52-week low of $2.51 hit on Monday and closed today at $2.67. The current rally should at least push the stock to $2.80 per share where the major resistance is. EGLE needs to close above this level to indicate a continuation of the rally. If this rally fails, there's a new … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Par To Acquire Indian Pharma Co. Posted: 25 May 2011 03:35 PM PDT Par Pharmaceutical Companies Inc. (NYSE:PRX) recently announced that it has entered into a definitive agreement to acquire India-based generic company Edict Pharmaceuticals for up to $37.6 million in cash. Par Pharma will also repay a certain amount of debt as part of the deal. The company expects the transaction, which is scheduled to close by the end of 2011, to be accretive in 2013. Edict Pharmaceuticals' portfolio includes 7 Abbreviated New Drug Applications (ANDAs) filed with the US Food … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BCE Retains Neutral Rec Posted: 25 May 2011 03:35 PM PDT We remain on the sidelines on Canada's largest telecom carrier BCE Inc. (NYSE:BCE) following its first quarter results. Consequently, we have recommended a long-term Neutral rating on the stock supported by the Zacks #3 (Hold) Rank. BCE Inc. is a 100% subsidiary of Bell Canada. First quarter earnings missed the Zacks Consensus Estimate by a penny but were above the year-ago earnings. BCE is expected to generate healthy growth in revenues, EBITDA and free cash flow on higher wireless revenue, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Down In Asian Trade Posted: 25 May 2011 03:35 PM PDT Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Wednesday.<br/><br/> NZD/USD was trading at 0.7973, down 0.19% at time of writing.<br/><br/> The pair was likely to find support at 0.7860, Monday&rsquo;s low, and resistance at 0.8015, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.19% to hit 1.3205 and EUR/NZD rising 0.17% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Day Ahead: US GDP, Jobless Claims; Earnings – Sony, Tiffany Posted: 25 May 2011 10:20 AM PDT 05/25/11 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: Tomorrow’s Pre-Market Data Release Posted: 25 May 2011 03:19 PM PDT Cusick’s Corner The market stayed…constructive but still not able to garner momentum to the upside. The bulls by no means are out of the woods, but the market is setting up for a potential pop, that’s if the data that comes out pre-market tomorrow, Personal Income and Spending, does not raise the INFLATION flag, pressuring growth. It’s worth noting that the VIX is now at 17 and still not moving. Another notch in the belt for the bulls, but if there are questions about QE3 or inflation over … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Accenture Boosts Offering Posted: 25 May 2011 03:15 PM PDT Accenture plc (NYSE:ACN) has been serving the insurance vertical for years. The company has witnessed a series of insurance deals in the past few months, indicating the efficacy and popularity of its services. To maintain the growth trend, Accenture recently enhanced its life insurance software platform. The advanced platform will help life and annuity insurers to innovate products easily and speed-up process efficiency, thereby reducing overall operating costs. The company expects the advanced … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Marvell Tech Posted: 25 May 2011 03:15 PM PDT Marvell Technology Group (NASDAQ:MRVL) is scheduled to announce its first quarter 2012 results on May 26, 2011, and we see limited revisions in analyst estimates at this point of time. Fourth Quarter Overview Marvell Technology delivered a disappointing fourth quarter with its top and bottom lines missing the Zacks Consensus Estimates. Marvell Technology's fourth quarter 2011 revenue grew 7.0% from the year-ago quarter, but was below the company's guidance range. The quarter's revenue was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Deere Hikes Dividend, Invests In China Posted: 25 May 2011 03:05 PM PDT Deere & Co. (NYSE:DE) in an effort to enhance value for its shareholders hiked its quarterly dividend by 6 cents to 41 cents. This translates to a 17% increase from the prior dividend of 35 cents. The increased dividend will be paid on August 1, 2011, to stockholders of record on June 30, 2011. Deere has a consistent track record of paying quarterly dividends and has been increasing its dividend every year since 2004, supported by its cash position and its ability to generate healthy cash … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Genomic Makes New Advances Posted: 25 May 2011 03:05 PM PDT Genomic Health (NASDAQ:GHDX) recently announced positive results from a study of Oncotype DX in patients with DCIS (ductal carcinoma in situ of the breast). The study was conducted by the Eastern Cooperative Oncology Group (ECOG). It was observed that the test could predict the risk of local recurrence in breast cancer patients. Encouraged by the positive findings, Genomic Health plans to make available the Oncotype DX DCIS Score to patients and physicians on a global basis. Complete data from the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Inflationary Pressure Hurts Polo Posted: 25 May 2011 03:05 PM PDT Polo Ralph Lauren Corp.’s (NYSE:RL) fourth-quarter 2011 earnings of 74 cents per share declined 34.5% from the prior-year quarter earnings of $1.13. However, quarterly earnings were in line with the Zacks Consensus Estimate. The decline in the year-over-year earnings was primarily attributable to higher inflationary cost pressure and increased operating expenses. Quarterly Details During the quarter, Polo Ralph Lauren’s net revenues rose 6.7% year over year to $1,426.9 million, outpacing the Zacks … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Do Anti-Dumping Tariffs On Furniture From China Create U.S. Jobs? Only For Washington Lawyers Posted: 25 May 2011 02:36 PM PDT From the Washington Post article “From China, An End Run Around U.S. Tariffs” “To avoid a 2005 U.S. tariff on Chinese-made wooden bedroom furniture, Chinese furniture companies moved operations to other Asian countries, thwarting U.S. efforts to curb "dumping," the export of goods at unfairly low prices (see chart above). The result: Imports now account for about 70 percent of the U.S. market for beds and similar items, up from 58 percent before Washington intervened to try and protect … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

FDA Nod For Stryker ShapeMatch Posted: 25 May 2011 02:30 PM PDT Orthopedic devices major Stryker Corp (NYSE:SYK) has secured the 510 (k) approval from the U.S. Food and Drug Administration ("FDA") for its ShapeMatch cutting guides. Manufactured from patient-specific three-dimensional imaging data, the single-use ShapeMatch guides are designed to be exclusively used with the company's Triathlon knee replacement system. The ShapeMatch technology uses three-dimensional imaging software to develop customized pre-operative surgical plan for each patient. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Delmarva Revises Wind Power Deal Posted: 25 May 2011 02:30 PM PDT Delmarva Power, a Delaware-based business unit of Pepco Holdings Inc. (NYSE:POM), said it has filed a request for the approval of its revised agreement with Synergics Eastern Wind Energy LLC, which has moved its wind farm located in western Maryland to central Pennsylvania. The filing was made with the Delaware Public Service Commission. The amendment made by Delmarva Power and Synergics relates to the second of two 20-year contracts signed between the companies in October 2008. The revised … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dominion Starts New Unit In VA Posted: 25 May 2011 02:30 PM PDT A Dominion Resources Inc. (NYSE:D) subsidiary, Dominion Virginia Power, said that it has started operations at its 580-megawatt Bear Garden Power Station in central Virginia. Dominion said the facility will generate electricity to meet Virginia’s growing demand for energy with environmentally clean natural gas. The Bear Garden Power Station is a combined-cycle power station located about 60 miles west of Richmond in Buckingham County. The station features two combustion turbine units fired by … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

RGA Issues Notes Posted: 25 May 2011 02:05 PM PDT Yesterday, Reinsurance Group of America Inc. (RGA) announced that it has priced the $400 million of unsecured notes at an issue price of 99.447% with a fixed rate coupon of 5.0%, due 2021. The interest on the notes will be paid twice a year. The proceeds from the issue will be used primarily to pay off $200 million senior notes that are supposed to mature in December 2011 while the remaining funds will be used for general corporate purposes. The rating agency Moody's has rated the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Compuware Beats Zacks Estimate Posted: 25 May 2011 02:05 PM PDT Compuware Corporation (NASDAQ:CPWR) posted a net income of income of $34.8 million or 16 cents per share in the fourth quarter of fiscal 2011, compared with a net income of $37.4 million or 16 cents per share in the year-earlier quarter.  The results surpassed management's guidance range of 13 cents-15 cents and the Zacks Consensus Estimate of 14 cents. Michigan-based Compuware Corporation provides software products and professional services to many of the largest users of information systems … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Ocwen Launches New Platform Posted: 25 May 2011 02:05 PM PDT On Tuesday, Ocwen Financial Corporation (NYSE:OCN) announced the launching of a new product named PlatformPlus. The company's intention to introduce this product is to provide more value to buyers of non-performing loan portfolios or residuals of private-label securities. With the help of this product coupled with Ocwen's established technology and management, investors in troubled assets will be able to set up a high-tech specialty servicing operation for assessment purpose. . On the flip … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Closing Bell Market Monitor: AIG, TOL, CPKI Posted: 25 May 2011 02:00 PM PDT 05/25/11 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 – EUR/USD Down At The End Of U.S. Session Posted: 25 May 2011 01:55 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders.<br/><br/> EUR/USD was trading at 1.4084, down 0.11% at time of writing.<br/><br/> The pair was likely to find support at 1.3970, Monday&rsquo;s low, and resistance at 1.4346, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders fell unexpectedly to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CryoPort Making Progress Posted: 25 May 2011 01:45 PM PDT Brian Marckx, CFA CryoPort Making Progress Our update on CryoPort Inc (CYRX) highlights some recent company press releases and also includes information regarding FedEx’s launch of their website dedicated to shipping for the healthcare industry.  We view these as all positive developments and progress towards increasing the rate of acceptance of CryoPort’s shipping solution.    We have made no changes to our outlook for CryoPort or our related financial model and are maintaining … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AstraZeneca Inks Daiichi Deal Posted: 25 May 2011 01:45 PM PDT AstraZeneca (NYSE:AZN) recently entered into an agreement with Daiichi Sankyo for the co-promotion of denosumab in Japan. Denosumab, which has been developed by biotech major Amgen (NASDAQ:AMGN), is currently under regulatory review in Japan. AstraZeneca will be responsible for co-promoting denosumab for the treatment of bone disorders stemming from bone metastasis. Financial terms of the deal were not disclosed. Daiichi Sankyo had acquired exclusive rights from Amgen in July 2007 for the development … [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: 25 May 2011 01:40 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Wednesday after the release of U.S. data on Core Durable Goods Orders.<br/><br/> USD/JPY was trading at 81.98, up 0.04% at time of writing.<br/><br/> The pair was likely to find support at 81.33, Monday&rsquo;s low, and resistance at 82.21, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders fell unexpectedly to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EA Adds New Features To NHL12 Posted: 25 May 2011 01:36 PM PDT Electronic Arts Inc. (NASDAQ:ERTS) announced new features for their award winning franchise EA SPORTS NHL 12, which will be shipped on September 9 in Europe and on September 12 in North America. New NHL 12 Features The new version of the NHL 12 will feature "Be a Pro" mode. This mode will enable the gamers to play and establish a playing career in the history books of NHL by spending more time on the ice. The gamers can thereby play out the entire career in quest for the Stanley Cup. The Full … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Not Much Problem For FDIC List Posted: 25 May 2011 01:36 PM PDT The number of banks on the Federal Deposit Insurance Corporation's (FDIC) list of problem institutions saw a marginal increase to 888 in the first quarter from 884 in the previous, the agency said on Tuesday. This is the highest number since March 31, 1993, when there were 928 problem institutions due tothe savings and loan crisis. Things looked a little brighter once again in the first quarter, with the pace of increase in the problem list moderating substantially and the FDIC insured banks … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Newfield Sheds Assets Posted: 25 May 2011 01:35 PM PDT Independent energy company Newfield Exploration Company (NYSE:NFX) signed an agreement with privately held Momentum Oil & Gas, LLC to sell some its South Texas oil and gas properties. The financial terms of the deal were not disclosed. The transaction is expected to be closed on June 30, 2011. The assets to be divested include approximately 5,000 net acres in the Fashing Field in Atascosa, comprising interests in 60 wells with current net production of approximately 3.8 million cubic feet of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down Toward The End Of U.S. Session Posted: 25 May 2011 01:25 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders.<br/><br/> EUR/USD was trading at 1.4086, down 0.10% at time of writing.<br/><br/> The pair was likely to find support at 1.3970, Monday&rsquo;s low, and resistance at 1.4346, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders fell unexpectedly to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Investors Beware: 4 Chinese Companies Of Questionable Value Posted: 25 May 2011 01:19 PM PDT  By Raghu Gullapalli , contributing writer, SmartStops.net  It may be tempting to stay in companies like VanceInfo, Longtop Financial Technologies if you own their stock, but consider the risks carefully.  This past Sunday I watched the premier of HBO's Too Big to Fail, the story of the collapse of Lehman Brothers and the subsequent bailout of AIG (NYSE:AIG) and the creation of the Troubled Asset Relief Program (TARP). While most of the movie seemed like a rather simplified … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Markets Close Higher; Dow Jones Up 0.24% Posted: 25 May 2011 01:10 PM PDT Forex Pros – U.S. stocks were up after the closing bell on Wednesday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average rose 0.24%, the S&P 500 index gained 0.28%, while the Nasdaq 100 index climbed 0.35%.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders fell unexpectedly to a seasonally adjusted -1.5% last month from 2.5% in the preceding month whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Raytheon Wins US Navy Deal Posted: 25 May 2011 01:00 PM PDT Defense contractor Raytheon Company (NYSE:RTN) announced the receipt of an $84.7 million contract from the U.S. Navy to continue with the production of ALR-67(V) 3 digital radar warning receivers. U.S. Naval Air Systems Command, Patuxent River, Maryland, awarded the contract to Raytheon. The deliveries of the ALR-67(V) 3 digital radar are expected to begin from January 2013 with production scheduled at Raytheon facilities in Forest, Mississippi and McKinney, Texas. The ALR-67(V) 3 Radar warning … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Scorecard: GameStop Posted: 25 May 2011 01:00 PM PDT GameStop Corporation (NYSE:GME), the video game and entertainment software retailer, recently posted first-quarter 2011 results. Street analysts had nearly a week to ponder on the company's scores. 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 Report Review GameStop's quarterly earnings of 56 cents a share surpassed the Zacks Consensus Estimate of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Travelers Introduces New Products Posted: 25 May 2011 01:00 PM PDT The Travelers Companies Inc. (NYSE:TRV) announced the offering of three new coverages to health care providers. The coverages are devised to manage risk as diverse as the safety of patients and employees to the protection of buildings and equipment. The new coverages are: Ordinance or Law – Communicable Disease Contamination Coverage, Condemnation of Medical Property and Unintentional Errors or Omissions – Failure to Report Locations. In the first quarter, net written premiums of Travelers … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Marathon Spin-off Clears IRS Hurdle Posted: 25 May 2011 01:00 PM PDT Following a positive ruling by the U.S. Internal Revenue Service (IRS), leading integrated energy firm Marathon Oil Corporation (NYSE:MRO) has passed a key milestone on its way to separating its refining and sales business from its exploration and production operations, to create two independent companies. The IRS has approved that the spin-off of the company's downstream unit will be tax free to Marathon shareowners. The transaction, which was announced in January and could take effect on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Other Voices For May 25 Posted: 25 May 2011 01:00 PM PDT In a continuing effort to provide words of wisdom from beyond the walls of Zacks, here are a few things that I think people should find to be interesting. The views expressed in the articles are not always shared by either myself or Zacks, but I do find them thought-provoking. Some Simple Deficit Reduction Kash Monsori of the Street Light blog points out that a $1 billion cut in government spending does not result in a $1 billion drop in the deficit. The actual decline is much smaller because … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

05/25 FX Options Report Posted: 25 May 2011 12:56 PM PDT The USD traded mixed vs. the majors, amidst ongoing euro-zone debt worries and disappointing data … [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: 25 May 2011 12:45 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders.<br/><br/> GBP/USD was trading at 1.6282, up 0.63% at time of writing.<br/><br/> The pair was likely to find support at 1.6060, Monday&rsquo;s low, and resistance at 1.6304, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders fell unexpectedly to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Siemens To Power Duke Energy Posted: 25 May 2011 12:35 PM PDT Duke Energy Corporation (NYSE:DUK) for its first wind farm in Hutchinson, Kansas will use Siemens AG (NYSE:SI) turbines. For the project Duke Energy will use 73 Siemens wind turbines, each capable of generating 2.3 megawatts of emission-free electricity. Duke Energy Renewables, a commercial business unit of Duke Energy, will build, own and operate the 168-megawatt (MW) Ironwood Windpower Project in Ford County – approximately 150 miles west of Wichita. Topeka-based Westar Energy will purchase all … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

J&J To Expand OTC Biz In Russia Posted: 25 May 2011 12:35 PM PDT Johnson & Johnson (NYSE:JNJ) recently entered into definitive agreements for the acquisition of the over-the-counter (OTC) brands of J B Chemicals & Pharmaceuticals Limited for about $260 million in cash. The brands that will be acquired under the deal include Rinza and Doktor Mom. While Rinza is Russia's leading multi-symptom cough and cold brand, Doktor Mom is Russia's number two selling cough brand. With this deal, Johnson & Johnson is looking to expand its presence in Russia, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Risk/Reward Balance NSC Posted: 25 May 2011 12:35 PM PDT Despite stellar performance by Norfolk Southern Corp. (NYSE:NSC) in the first quarter of fiscal 2011, we maintain our cautious stance on the company. The company's earnings as well as revenues surpassed Zacks Consensus Estimates and grew year over year on favorable pricing and volume trends across all segments. However, huge capital expenditure on increasing headcounts followed by higher compensation expenses, surging fuel prices, tightened railroad regulation, competitive pressure and the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Treasury Gains Small On AIG Offering Posted: 25 May 2011 12:35 PM PDT Yesterday, American International Group Inc. (NYSE:AIG) announced that it has priced its first secondary stock offering of 300 million shares since 2008, initiated with the US Treasury about a fortnight ago, at $29 per share, raising about $8.7 billion. The par value of these shares stood at $2.50. The share price came in close to the Treasury's break-even of $28.72 per share, which was set to recover the government's $47.5 billion cash investment in AIG. Moreover, according to previously laid … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USDJPY Converging The Range. Something Has To Give. Posted: 25 May 2011 12:21 PM PDT The converging of the range in the USDJPY is not to be ignored. The range is getting narrow with support and resistance levels getting closer and closer. On the downside the 81.82-89 level are the support. ON the topside 82.14 to 82.22 are defining the ceiling.  The 100 hour MA is moving sideways which is often a prelude to a price move away.  It is time to pay attention and look for a break/trend move. Looking at the daily chart (see below) the 100 day MA (blue line) has … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Market Myths Exploded – Doubling Down Posted: 25 May 2011 12:19 PM PDT   as posted at:   http://www.minyanville.com/businessmarkets/articles/market-myth-market-myths-paper-loss/5/25/2011/id/34765  Market Myths Exploded ( A series of articles exposing common misconceptions about investing and trading) Myth # 1 — Always double down on paper losses to recapture them By Michael C. Thomsett, contributing writer, SmartStops.net  A good chess player knows that losing an important piece is a critical moment in the game. The novice will plow … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In U.S. Trade Posted: 25 May 2011 12:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders.<br/><br/> USD/CAD was trading at 0.9765, down 0.03% at time of writing.<br/><br/> The pair was likely to find support at 0.9642, Friday&rsquo;s low, and resistance at 0.9816, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders fell unexpectedly to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

TiVo Beats On Patent Settlement Posted: 25 May 2011 12:05 PM PDT A developer of advanced television services including digital video recorders (DVR), TiVo Inc. (NASDAQ:TIVO) reported earnings per share (EPS) of $1.04 per share in the first quarter of 2012, comprehensively beating the Zacks Consensus Estimate of a loss of 31 cents and the loss of 13 cents per share in the prior-year quarter. The better-than expected results were primarily driven by litigation proceeds of $175.7 million in the quarter that TiVo received related to the patent settlement with DISH … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Williams Wins Gulfstar FPS Award Posted: 25 May 2011 12:05 PM PDT Tulsa, Oklahoma-based Williams Partners L.P. (NYSE:WPZ) received a letter of award from U.S. integrated oil company Hess Corporation (NYSE:HES), as per which the former will provide production handling services to Hess Corp. at the Tubular Bells field in the eastern deepwater Gulf of Mexico (GoM). Williams Partners will provide its proprietary Gulfstar floating production system (FPS) − Gulfstar FPS − to the Hess-operated Tubular field in 4300 feet water depths at Mississippi Canyon block 725. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AMAT Reports In-Line Posted: 25 May 2011 12:05 PM PDT Applied Materials' (NASDAQ:AMAT) second quarter earnings were in line with the Zacks Consensus Estimate. Revenue came in higher than management expectations and exceeded the Zacks Consensus by 3.2%. Revenue Applied reported revenue of $2.86 billion, which was up 6.6% sequentially and 24.7% year over year. The Applied Global Services ("AGS") and Energy and Environmental Systems ("EES") segments outperformed management guidance, while the Silicon Systems Group ("SSG") and Display … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Integra Buys SeaSpine Posted: 25 May 2011 12:05 PM PDT Medical devices maker Integra LifeScience Holdings (NASDAQ:IART) has recently acquired SeaSpine, a California based spine fusion product provider for $89 million in cash. With this purchase, the combined orthobiologics product portfolio will become the key component under Integra's orthopedic revenue category. SeaSpine, with $50 million of revenue in fiscal 2010, makes and distributes a comprehensive set of innovative spinal fixation products, including both hardware and biologics. The company has … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Northrop For U.S Airforce’s New Plan Posted: 25 May 2011 12:05 PM PDT Defense Contractor Northrop Grumman Corporation (NYSE:NOC) has won a $427 million U.S. Air Force deal for work toward modifying a previously planned National Polar Orbiting Operational Environmental Satellite System to establish a Defense Weather Satellite System. Earlier the White House announced on February 1, 2010, that the civil-military weather satellite program was to be dissolved, and that two separate lines of polar-orbiting satellites to serve military and civilian users would be pursued … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

May 25 Checkup On Most Overextended Stocks From 200d SMA Posted: 25 May 2011 12:04 PM PDT It's time for another update on the "Stocks Most Over/Under-Extended from their 200 day SMA" list! It's surprising how much has NOT changed since the last update, but that is part of the benefit of this occasional scan. The scan is designed to find the strongest and weakest stocks in terms of their distance – above or below – the 200 day simple moving average reference price. Let's start with those "Bullish" Stocks that are most Over-Extended from the 200d SMA: Using … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Seed Maker Ceres Inc. Looking To Go Public Posted: 25 May 2011 11:45 AM PDT 05/25/11 According to an SEC filing, seed maker and energy crop company Ceres Incorporated is looking to go public after filing for an … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down In U.S. Trading Hours Posted: 25 May 2011 11:45 AM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders.<br/><br/> EUR/USD was trading at 1.4077, down 0.16% at time of writing.<br/><br/> The pair was likely to find support at 1.3970, Monday&rsquo;s low, and resistance at 1.4346, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders fell unexpectedly to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Toyota To Flourish In Indonesia Posted: 25 May 2011 11:30 AM PDT Toyota Motor Corp. (NYSE:TM) announced that it would invest ¥16.5 billion ($200 million) in Indonesia for expanding its automobile production capacity by 40% in order to meet the rising domestic demand. The automaker will enhance annual capacity from 100,000 vehicles presently to 140,000 vehicles by early 2013 at its Karawang plant, its only plant in Indonesia. It will help the automaker manufacture a new vehicle and employ more workers at the plant. The plant manufactures Avanza sedan, Kijang … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Eni To Explore Arguni 1 Posted: 25 May 2011 11:30 AM PDT Italian energy company, Eni SpA (NYSE:E) has won the natural gas exploration rights in the Arguni 1 block of eastern Indonesia. Under the contract, Eni has been awarded full 100% participation interest and operatorship of the Arguni 1 block, located on and offshore in the West Papua Province. With an area of 5,386 square kilometer in the natural gas rich Bintuni Basin, the Arguni 1 Block attracts major oil giants with loads of hydrocarbon discoveries. The deal includes the drilling of two wells as … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Durable Goods Drop Posted: 25 May 2011 11:30 AM PDT New Orders for Durable Goods fell 3.6% in April. That was well below the consensus expectations of a drop of 2.0%. However, the March numbers were revised upwards, slightly offsetting the disappointing April numbers. It was first reported as an increase of 4.1%, but now they say new orders rose 4.4%. Durable goods orders are a volatile series, and it is not uncommon for a big gain in one month to be followed by a decline the next. Still, these numbers are bad news and indicate a slowing of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Mark Haines 1946-2011 Posted: 25 May 2011 11:23 AM PDT I’m going to miss Mark Haines. During the Tech Bubble, I associated CNBC with Mark Haines. Every now and then, when I traveled on business or had an opportunity to go into the office late or skip work altogether, I’d try to catch the market’s open and …. there he was, Mark Haines, whetting my appetite for more. I planed for and looked forward with anticipation to the day when I would be able to quite my day job and begin trading full time. That day came at the beginning of 2002 and I’ve … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Shorts In A Bit Of A Squeeze Posted: 25 May 2011 11:19 AM PDT Cusick’s Corner There I was watching the Dollar trade, DXM11, and it was trading at 76.350 — nice move and then I got a glimpse of the S&Ps, ESM11, and they are breaking 1313 which is the long standing trendline to the upside. Now the shorts are in a bit of a squeeze here in the Midday, but this technical breach was a flag that should be monitored and respected. The Durables were not what the market expected but the market will see what May looks like, especially since March was such a hot … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ETF Market Is Risky – Protection Is Needed! Posted: 25 May 2011 11:19 AM PDT Exchange-traded funds are developing in a similar way to the shadow banking system that almost brought down the world's financial system in 2008, according to Terry Smith, chief executive officer of Tullett Prebon Plc. (TLPR) Without owning the underlying assets, ETFs can move in the opposite way to which investors expect, Smith said "The drivers and implications of the recent wave of financial innovation in ETF markets warrants closer surveillance of potential vulnerabilities by … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down In U.S. Trade Posted: 25 May 2011 11:15 AM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders.<br/><br/> AUD/USD was trading at 1.0518, down 0.37% at time of writing.<br/><br/> The pair was likely to find support at 1.0441, today&rsquo;s low, and resistance at 1.0711, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders fell unexpectedly to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Will AT&T/T-Mobile Finally Merge? Posted: 25 May 2011 11:05 AM PDT The ambitious $39 billion proposed mega-merger of AT&T Inc. (NYSE:T) and T-Mobile USA, a unit of Deutsche Telekom, faces huge opposition. Sprint Nextel Corp. (NYSE:S), the third-largest U.S. wireless carrier was the first to raise a voice of protest. Now, MetroPCS Communications Inc. (NYSE:PCS) and Leap Wireless International Inc. (NASDAQ:LEAP) have also joined the league of opposition. MetroPCS and Leap are the prepaid wireless service providers in the U.S. According to these companies, the combination … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Finding The Cheap Ones Posted: 25 May 2011 11:05 AM PDT Some of the best investments are when you can find a firm for which expectations are very low, but which end up doing better than expected. The absolute performance does not have to be great, just not as awful as everyone expected. Think of stocks as sports teams: Which "stock" do you think would do better if both reached the wild card round of the baseball playoffs this year, the Yankees or the Mets? Yankee fans tend to see the season as a bust if they don't at a very minimum play in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Rating Woes For U.K. Banks Posted: 25 May 2011 11:05 AM PDT Rating downgrade woes have plagued the U.K. banks. Rating agency Moody's Investors Service, a wing of Moody’s Corp. (NYSE:MCO), placed 14 U.K. banks and building societies on review for potential credit rating downgrades following the reluctance of the government to provide bailouts in future. The rating reassessment does not reflect a financial weakness either in the banking system or  in the part of the government. Rather, the assessment comes following the U.K. authorities initiatives to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Strangle-strategist Targets Boeing Posted: 25 May 2011 10:48 AM PDT Strangle-strategist targets Boeing Today's tickers: BA, CSCO, TIN & TEVA (NYSE:BA) – Boeing Co. – Boeing's shares may be headed for the stratosphere or ready to crash and burn over the next few months according to the buyer of a sizable long strangle on the producer of commercial jetliners today. Shares in the Chicago, IL-based company are up 0.90% at $76.27 in early-afternoon trade, recovering up from earlier losses following disappointing April durable goods data. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bearish On Transocean Near Term Posted: 25 May 2011 10:45 AM PDT Transocean Ltd's (RIG) stock price has been on a downswing following the 52-week high of $85.98 reached on March 3, 2011. The offshore drilling giant has seen its share price fall approximately 20% during this period, as investors have been selling the stock for its weak fundamentals and tepid outlook. The disappointing first quarter results have added to this bearishness. Transocean, which has been in the news since the disastrous blowout and oil spill in the Gulf of Mexico (GoM), has been … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Up During The U.S. Session Posted: 25 May 2011 10:45 AM PDT Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders.<br/><br/> NZD/USD was trading at 0.7988, up 0.32% at time of writing.<br/><br/> The pair was likely to find support at 0.7860, Monday&rsquo;s low, and resistance at 0.8015, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders fell unexpectedly to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

V.F. Corp Outperforms Posted: 25 May 2011 10:35 AM PDT We maintain our long-term 'Outperform' recommendation on V.F. Corp (NYSE:VFC).   The company’s diversified brand portfolio positions the company well above its peers to generate above-average industry growth and sustain itself in the current challenging environment. The company's approach to brand management allows each brand to develop further, through rigorous marketing strategies, financial control, and operating leverage. Further, given the strength of many of its brands and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Costco’s Earnings Surges Posted: 25 May 2011 10:35 AM PDT Costco Wholesale Corporation (NASDAQ:COST), one of the leading U.S. warehouse club operators, recently posted third-quarter 2011 results. The quarterly earnings of 73 cents a share came fell short of the Zacks Consensus Estimate of 77 cents but rose 7.4% from 68 cents earned in the prior-year quarter. The Zacks Consensus Estimate rose by a penny with 14 out of 25 analysts covering the stock raising their projections in the last 30 days. The high single-digit increase in the bottom line was buoyed by … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Paul Ryan Still Doesn’t Get It Posted: 25 May 2011 10:32 AM PDT Republican House Budget chief Paul Ryan still doesn't get it. He blames Tuesday's upset victory of Democrat Kathy Hochul over Republican Jane Corwin to represent New York's 26th congressional district on Democratic scare tactics. Hochul had focused like a laser on the Republican plan to turn Medicare into vouchers that would funnel the money to private health insurers. Republicans didn't exactly take it lying down. The National Republican Congressional Committee poured over $400,000 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

“People Focused On…whether To Take Profit” Posted: 25 May 2011 10:25 AM PDT 05/25/11 Mogavero & Lee’s Doreen Mogavero discusses today’s trading action amidst light volume, and weighs in on crude oil edging above … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Central Bank Of Turkey Holds 1-week Repo Rate At 6.25% Posted: 25 May 2011 10:18 AM PDT The Monetary Policy Committee of the Central Bank of the Republic of Turkey maintained the 1-week repo rate unchanged at 6.25%.  The Bank also held the overnight borrowing and lending rates unchanged at 1.50% and 9.00% respectively.  The Bank said: “The high levels of both energy products and other commodities and also developments that weakened foreign demand [for Turkish exports] delayed the improvement in the CAD [current account deficit] to the last quarter of this year,”.  … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: GBPUSD Tests A A Key Support Level Posted: 25 May 2011 10:00 AM PDT The GBPUSD could not push above the 1.6300 level and has rotated back down to the test the old trendline. This line has held the correction off the high over the last few hours and the market is focused on what next.  A move below opens the door for a push back down to 1.6230. Holding keeps the bulls in charge with the 1.6300-1.6303 the key targets to get through on the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Tight Trade For Euro & Dollar On Mixed Economic Reports Posted: 25 May 2011 10:00 AM PDT 05/25/11 The euro and dollar continued to fluctuate this afternoon as the markets sought to seek a direction amid mixed economic … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up In U.S. Trade Posted: 25 May 2011 10:00 AM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders.<br/><br/> GBP/USD was trading at 1.6273, up 0.57% at time of writing.<br/><br/> The pair was likely to find support at 1.6060, Monday&rsquo;s low, and resistance at 1.6304, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders fell unexpectedly to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Markets Close Higher; Dax Up 0.28% Posted: 25 May 2011 09:55 AM PDT Forex Pros – European stocks were up after the closing bell on Wednesday.<br/><br/> At the close of European trade, Germany&rsquo;s DAX rose 0.28%, London&rsquo;s FTSE 100 gained 0.20%, France&rsquo;s CAC 40 climbed 0.31% and the EURO STOXX 50 was up 0.56%.<br/><br/> Earlier in the day, data showed that Germany&rsquo;s Gfk consumer climate fell more-than-expected to a seasonally adjusted 5.5 last month from 5.7 in the preceding … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Wall Street Questions And Doubts Posted: 25 May 2011 09:54 AM PDT Joe Nocera wrote an opinion piece for the New York Times on May 20, 2011, asking "Was LinkedIn Scammed?" by the Wall Street Investment banks that managed its I.P.O. He argued persuasively that it was—that the managers priced the shares low to benefit clients other than LinkedIn. They priced the shares at $45. They opened at $83, rose over $120, and closed the day at $94.25, an increase over 100 percent. That's a pretty big miss. Misses are to be expected, but a miss of over 100 percent? … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Costco Rings Up Strong Quarterly Profits Posted: 25 May 2011 04:00 AM PDT 05/25/11 Costco Wholesale Corporation posted a quarterly progit on solid gasoline sales and a boost from stronger foreign … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Why Asia Is The Epicenter Of Oil Demand Growth Posted: 24 May 2011 10:00 PM PDT A few weeks back we highlighted the strong link between GDP growth and oil consumption by showing you how oil consumption per capita has risen in selected countries as per capita incomes rise (Read: The Strong Link Between GDP and Oil Consumption). Specifically, we noted the potential for China's oil consumption—already the second-largest oil consumer in the world—to catch up on a per capita basis with other Asian countries such as Taiwan and South Korea. That's where we think China's … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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