DailyMarkets.com - ValueClick Beats Estimates
DailyMarkets.com - ValueClick Beats Estimates |
- ValueClick Beats Estimates
- Time Warner A Penny Ahead
- Molson Coors Misses By A Penny
- Health Net Beats Top Line
- Standard Motor Improves
- Good News For Cell Therapeutics
- R.R. Donnelley Misses Estimates
- Meritor Beats On Strong Truck Demand
- Forex – AUD/USD Down In U.S. Trade
- Cephalon Misses Expectations
- Unum Beats Top Line, Lags EPS Est.
- Forex – NZD/USD Down During The U.S. Session
- Earnings Preview: Fortune Brands
- Lower Revs Widen Loss At Alnylam
- DexCom Misses But Losses Trim
- Earnings Preview: Fortune Brands
- ISM Service Index Disappoints
- Previewing The ECB Rate Decision – The Big Question Is June Or July?
- “Seeing Profit-taking, Behind Shaky Numbers”
- Is It Too Late To Buy Gold?
- Dell Options In Demand
- Foster Wheeler Underperforms
- ONEOK Inc. Misses, Guidance Intact
- Forex – GBP/USD Up In U.S. Trade
- European Markets Close Lower; Dax Down 1.69%
- Forex Trading: EURUSD Tests 100 Hour MA
- Avis Beats On Better Travel Trends
- Dollar Slide Continues On ECB Rate Hike Speculation, Weak Data
- Swiss Franc: Under Pressure
- Australian Dollar: The Downside Prevails
- Canadian Dollar: Key ST Resistance At 98
- British Pound: Under Pressure
- Japanese Yen: Under Pressure
- Euro: Capped By A Negative Trend Line
- Pioneer Profits, Production Grows
- UPDATE: Did Wall Street Violate The Racketeering Act?
- McKesson Shines; Provides 2012 View
- Forex – EUR/USD Up At The End Of European Session
- Nicor Tops EPS, Misses Rev
- Forex Trading: USDCAD Breaks Out. Upside Room To Roam.
- Las Vegas Sands Disappoints
- Harris’ EPS Beats, Revenue Misses
- ADP Sees 179,000 Jobs Added
- ISM Weakness Lifts Demand For Bonds
- SM Energy Outperforms
- New Subscribers Boost SK Telecom 1Q
- Word From The Floor: Wall Street Opens Lower
- The Importance Of The 40 Level In Silver SLV
- Forex – Dollar Broadly Lower Vs. Rivals After Weak U.S. Data
- Forex – GBP/USD Hits Daily High After U.S. ADP, ISM Data
- Stock Market Summary For Wednesday, May 4, 2011 Special Alert VXX
- Forex Trading: USDCAD. Watching 0.9550. Bullish Above. Bearish Below
- Forex Notes 5.4.2011: Gold, Silver, AUD/USD
- Forex – EUR/USD Hits 17-month High After Weak U.S. Data
- US ISM Services Index Surprises Forecasts Sliding 5 Points; US Economy To Disappoint In 2Q?
- Crude Drops Below $111 On API Report
- Sunny Weather And Royal Wedding Boost Spring Sales At Next
| Posted: 04 May 2011 11:35 AM PDT ValueClick Inc. (NASDAQ:VCLK) reported first quarter 2011 earnings (including stock-based compensation but excluding amortization of intangibles) of 24 cents per share. The EPS comprehensively beat the Zacks Consensus Estimate of 18 cents and was up 41.2% year over year from 17 cents per share reported in the prior-year quarter.
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| Posted: 04 May 2011 11:30 AM PDT Time Warner Inc. (NYSE:TWX), the diversified media conglomerate, recently posted first-quarter 2011 results. The quarterly earnings of 58 cents a share came a penny ahead of the Zacks Consensus Estimate but dropped 4.9% from 61 cents earned in the prior-year quarter sending the shares down by 2.7% to $36.73 in pre-market trading.
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| Molson Coors Misses By A Penny Posted: 04 May 2011 11:30 AM PDT Molson Coors Brewing Co. (NYSE:TAP) reported its first quarter 2011 results on May 3, 2011. The company reported earnings of 43 cents which was 16.2% higher than 37 cents per share reported in the prior year quarter.
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| Posted: 04 May 2011 11:30 AM PDT Health Net Inc. (NYSE:HNT) reported first-quarter loss of $108.2 million or a loss per share of $1.16 compared to a net income of $16.1 million or 16 cents in the prior-year quarter.
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| Posted: 04 May 2011 11:30 AM PDT Standard Motor Products Inc. (NYSE:SMP) reported adjusted earnings of $7.1 million or 31 cents per share from continuing operations for the first quarter of 2011, more than doubling the earnings of $3.1 million or 14 cents per share in the first quarter of 2010. Earnings per share also substantially exceeded the Zacks Consensus Estimate of 13 cents.
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| Good News For Cell Therapeutics Posted: 04 May 2011 11:30 AM PDT Cell Therapeutics (CTIC) saw an ominous cloud pass over when the Office of New Drugs (OND) of the U.S. Food and Drug Administration (FDA) allowed it to re-submit the new drug application (NDA) for its lead pipeline candidate, pixantrone, for review without the need for an additional trial.
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| R.R. Donnelley Misses Estimates Posted: 04 May 2011 11:30 AM PDT A leading provider of integrated communications and printing solutions, R.R. Donnelley & Sons Co. (NYSE:RRD) reported earnings per share (EPS) of 33 cents in the first quarter of 2011, which missed the Zacks Consensus Estimate by 3 cents.
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| Meritor Beats On Strong Truck Demand Posted: 04 May 2011 11:30 AM PDT Meritor Inc. (MTOR) posted an increase in profit to $14 million or 14 cents per share in the second quarter of its fiscal year from $6 million or 8 cents per share in the same quarter of prior fiscal year due to higher sales. The profit exceeded the Zacks Consensus Estimate by 6 cents per share.
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| Forex – AUD/USD Down In U.S. Trade Posted: 04 May 2011 11:15 AM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Wednesday.<br/><br/> AUD/USD was trading at 1.0770, down 0.70% at time of writing.<br/><br/> The pair was likely to find support at 1.0739, today’s low, and resistance at 1.1013, Monday’s high.<br/><br/> Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.93% to hit 1.3798 and AUD/JPY falling 1.19% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 04 May 2011 11:05 AM PDT Cephalon Inc. (NASDAQ:CEPH) delivered first quarter earnings of $1.98 per share, several cents below the Zacks Consensus Estimate of $2.04 but 12.5% above the year-ago earnings of $1.76.
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| Unum Beats Top Line, Lags EPS Est. Posted: 04 May 2011 11:05 AM PDT Unum Group (NYSE:UNM) reported first-quarter operating income of 69 cents per share, a penny lower than the Zacks Consensus Estimate of 70 cents. Results compare favorably with 67 cents earned in the prior-year period. Operating income was $215.7 million in the quarter, down 3.5% from $223.5 million in first-quarter 2010.
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| Forex – NZD/USD Down During The U.S. Session Posted: 04 May 2011 10:45 AM PDT Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Wednesday.<br/><br/> NZD/USD was trading at 0.7913, down 0.91% at time of writing.<br/><br/> The pair was likely to find support at 0.7866, today’s low, and resistance at 0.8120, Monday’s high.<br/><br/> Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.26% to hit 1.3615 and EUR/NZD rising 1.19% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Earnings Preview: Fortune Brands Posted: 04 May 2011 10:40 AM PDT Fortune Brands Inc. (NYSE:FO) is scheduled to release its first-quarter 2011 results on Thursday, May 5, 2011. The Zacks Consensus Estimate is 51 cents a share for the first quarter of fiscal 2011. This represents a year-over-year estimated growth of 4.1%.
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| Lower Revs Widen Loss At Alnylam Posted: 04 May 2011 10:35 AM PDT Alnylam Pharmaceuticals Inc.'s (NASDAQ:ALNY) first quarter loss of 38 cents per share was wider than the Zacks Consensus Estimate of 32 cents per share and the year-ago loss of 29 cents per share. Lower revenues and higher research and development expenses exacerbated the loss.
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| Posted: 04 May 2011 10:35 AM PDT DexCom (NASDAQ:DXCM), a prominent player in the glucose monitoring market, reported first-quarter fiscal 2011 loss per share of 19 cents, a penny higher than the Zacks Consensus Estimate while sharply less than the year-ago loss of 40 cents per share. Net loss for the quarter trimmed roughly 41.5% year over year to $11.9 million owing to a healthy revenue growth.
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| Earnings Preview: Fortune Brands Posted: 04 May 2011 10:35 AM PDT Fortune Brands Inc. (NYSE:FO) is scheduled to release its first-quarter 2011 results on Thursday, May 5, 2011. The Zacks Consensus Estimate is 51 cents a share for the first quarter of fiscal 2011. This represents a year-over-year estimated growth of 4.1%.
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| Posted: 04 May 2011 10:35 AM PDT The Institute for Supply Management's Non-Manufacturing, or Service, survey plunged in April to 52.8 from 57.3 in March. That is the lowest reading since last August. Like its venerable brother, the Manufacturing survey, this is a "magic 50" index where any reading above 50 indicates that the economy is expanding and anything below 50 represents an economic contraction. Thus, this means that the Service side of the economy, which is far larger than the manufacturing side, is still … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Previewing The ECB Rate Decision – The Big Question Is June Or July? Posted: 04 May 2011 10:33 AM PDT It has been a very eventful month since the last time we heard Trichet following April's ECB decision to raise rates by a quarter of a percentage point to 1.25%. Back then, at the start of April, the EUR/USD was trading below 1.43, now it has been proving the 1.49 area.
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| “Seeing Profit-taking, Behind Shaky Numbers” Posted: 04 May 2011 10:25 AM PDT 05/04/11 Meridian Equity Partners’ Stephen Guilfoyle weighs in on today’s pullback in US equity … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 04 May 2011 10:17 AM PDT By Raghav Gullapani, Contributing Writer
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| Posted: 04 May 2011 10:07 AM PDT Dell Options In Demand
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| Posted: 04 May 2011 10:05 AM PDT Foster Wheeler AG (NASDAQ:FWLT) reported first-quarter 2011 earnings per share from continuing operations of 18 cents compared with 56 cents in the prior-year quarter. The company underperformed the Zacks Consensus Estimate of 42 cents.
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| ONEOK Inc. Misses, Guidance Intact Posted: 04 May 2011 10:05 AM PDT ONEOK Inc. (NYSE:OKE) reported a first-quarter profit of $1.19 per share, down from $1.44 earned in the year-ago quarter. The quarterly results also lagged the Zacks Consensus Estimate of $1.32 per share.
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| Forex – GBP/USD Up In U.S. Trade Posted: 04 May 2011 10:00 AM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Wednesday.<br/><br/> GBP/USD was trading at 1.6518, up 0.19% at time of writing.<br/><br/> The pair was likely to find support at 1.6453, today’s low, and resistance at 1.6739, Monday’s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.02% to hit 0.8990 and GBP/JPY falling 0.33% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| European Markets Close Lower; Dax Down 1.69% Posted: 04 May 2011 09:55 AM PDT Forex Pros – European stocks were down after the closing bell on Wednesday.<br/><br/> At the close of European trade, Germany’s DAX fell 1.69%, London’s FTSE 100 shed 1.62%, France’s CAC 40 declined 1.31% and the EURO STOXX 50 was down 1.61%.<br/><br/> Meanwhile, on Wall Street, equity markets were down after the open. The Dow Jones Industrial Average was down 0.98%; the S&P 500 index shed 1.04%, while the Nasdaq 100 index declined … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: EURUSD Tests 100 Hour MA Posted: 04 May 2011 09:47 AM PDT The EURUSD is testing key support at the 100 hour MA at the 1.4828 level. Looking for support at the level. A break however, should lead to further selling pressure today. The next key target will be down at the floor/38.2% retracement at the 1.4768 level. Below that level and the selling should further intensify for the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Avis Beats On Better Travel Trends Posted: 04 May 2011 09:35 AM PDT Avis Budget Group Inc. (NYSE:CAR) posted first-quarter 2011 net income of $7.0 million compared with a net loss of $38.0 million in the year-ago period. Excluding extraordinary items, quarterly income came in at $12.0 million or 11 cents a share. Earnings per share for the quarter topped the Zacks Consensus Estimate of a loss of 5 cents, significantly improving from the prior-year quarter loss of 13 cents a share.
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| Dollar Slide Continues On ECB Rate Hike Speculation, Weak Data Posted: 04 May 2011 04:30 AM PDT 05/04/11 The dollar has again fallen against the euro today on growing speculation the ECB will hike rates tomorrow wjile economic data came up … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 04 May 2011 09:19 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Australian Dollar: The Downside Prevails Posted: 04 May 2011 09:19 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Canadian Dollar: Key ST Resistance At 98 Posted: 04 May 2011 09:19 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 04 May 2011 09:19 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 04 May 2011 09:19 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Euro: Capped By A Negative Trend Line Posted: 04 May 2011 09:19 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Pioneer Profits, Production Grows Posted: 04 May 2011 09:15 AM PDT Pioneer Natural Resources Company (NYSE:PXD) reported first quarter 2011 adjusted earnings of 68 cents per share, outpacing the Zacks Consensus Estimate of 53 cents and showing a decent improvement from the year-earlier income of 48 cents. Better-than-expected results were mainly attributable to production growth in the Spraberry field and Eagle Ford Shale.
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| UPDATE: Did Wall Street Violate The Racketeering Act? Posted: 04 May 2011 09:10 AM PDT A month ago I questioned whether there was sufficient evidence of abusive and fraudulent practices in the mortgage business on Wall Street (underwriting, servicing, securitizations, etc) to make a case that the industry as a whole violated the Racketeering Act? I hold out no hope that our 'leaders' in Washington would even think about making that case; that said, I think there is plenty of reason to believe that a very real case could be made.
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| McKesson Shines; Provides 2012 View Posted: 04 May 2011 09:05 AM PDT McKesson Corp.'s (NYSE:MCK) fourth quarter fiscal 2011 earnings of $1.66 per share (excluding special items) beat the Zacks Consensus Estimate by 6 cents and the year-ago earnings by 40 cents. For fiscal 2011, earnings (excluding special items) came in at $5.00 per share, surpassing the Zacks Consensus Estimate of $4.92 and the previous-year earnings of $4.58 per share.
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| Forex – EUR/USD Up At The End Of European Session Posted: 04 May 2011 09:00 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday after the release of U.S. data on ADP Nonfarm Employment Change.<br/><br/> EUR/USD was trading at 1.4858, up 0.22% at time of writing.<br/><br/> The pair was likely to find support at 1.4755, Tuesday’s low, and resistance at 1.4940, today’s high.<br/><br/> Earlier in the day, official data showed that non-farm employment change in the U.S. rose less-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 04 May 2011 08:35 AM PDT Gas distributor Nicor Inc. (GAS) reported first quarter 2011 earnings per share of 98 cents, comfortably beating the Zacks Consensus Estimate of 92 cents. However, on a year-over-year comparison, earnings fell 26.3% from $1.33 per share, bruised by poor performance by gas distribution and shipping businesses coupled with lower operating income.
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| Forex Trading: USDCAD Breaks Out. Upside Room To Roam. Posted: 04 May 2011 08:25 AM PDT In the earlier post (CLICK HERE), the price of the USDCAD moved above the 38.2% retracement at the 0.9550 level (see hourly chart below) and when that level held on the correction after the break today, the price moved higher. Now the price is testing resistance against trendline resistance on the daily chart at the 0.9593 level (see daily chart above). A break above this level opens up the pair for further gains.
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| Posted: 04 May 2011 08:25 AM PDT Las Vegas Sands Corp. (NYSE:LVS) recorded adjusted earnings of 37 cents per share in the first quarter of 2011, which fell shy of the Zacks Consensus Estimate of 44 cents but improved considerably from 7 cents reported in the year-earlier quarter.
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| Harris’ EPS Beats, Revenue Misses Posted: 04 May 2011 08:25 AM PDT Harris Corp.(NYSE:HRS) declared its third quarter 2011 financial results yesterday after the closing bell. Quarterly adjusted (excluding special charges) earnings per share (EPS) of $1.16 beats the Zacks Consensus Estimate by a penny. In the after-market trade in NYSE, Harris' shares rose $1.02 (1.93%) to $53.99.
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| Posted: 04 May 2011 08:25 AM PDT The Automatic Data Processing (NYSE:ADP) employment survey was weaker than expected in April. It shows that private sector employment rose by 179,000, below consensus expectations for a 200,000 increase. That marks a slowdown from the 207,000 jobs added (as estimated by ADP) in March. Partially offsetting the disappointment was the fact that the March numbers were revised up from a gain of 201,000 jobs. The gains, however, were widespread, and if confirmed by the BLS on Friday, would still be a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| ISM Weakness Lifts Demand For Bonds Posted: 04 May 2011 08:13 AM PDT Despite a couple of days of losses for key global commodity markets, bond traders seemed to be in no hurry to get into the groove midweek to pick-up the running. Yields were marginally higher ahead of a key reading of the pulse of the U.S. service sector in what many see as an acid test for consumers' ability to weather surging gasoline costs at a time when food prices are also stealing from take home pay. In the event a slide in the ISM non-manufacturing index slapped stocks and commodities … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 04 May 2011 08:05 AM PDT SM Energy Company's (NYSE:SM) first-quarter 2011 adjusted earnings of 42 cents per share exceeded the Zacks Consensus Estimate of 40 cents on higher production. However, the quarterly result was lower than the year-earlier profit of 45 cents.
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| New Subscribers Boost SK Telecom 1Q Posted: 04 May 2011 08:05 AM PDT SK Telecom Corp Ltd (NYSE:SKM), a leading South Korean telecom operator, reported first quarter 2011 net income of KRW $561 billion ($505 million), up 35.8% year over year, attributable to a healthy growth in smartphone subscribers.
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| Word From The Floor: Wall Street Opens Lower Posted: 04 May 2011 08:00 AM PDT 05/04/11 US stocks traded lower, as the latest Q1 earnings and fundamentals were digested. EUR/USD topped the $1.49 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| The Importance Of The 40 Level In Silver SLV Posted: 04 May 2011 07:52 AM PDT No doubt you've seen the sharp decline (to be fair, after a stellar rally) in Silver (SLV), but right now, traders are anxiously watching the critical defining level at $41 in Silver Futures and $40 in SLV. Keeping the chart as simple as possible, the $41 price point in Silver represents a key turning point in structure.
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| Forex – Dollar Broadly Lower Vs. Rivals After Weak U.S. Data Posted: 04 May 2011 07:46 AM PDT Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Wednesday, as weak U.S. jobs and service sector data added to the view that the Federal Reserve would not hike interest rates for some time to come.<br /><br />During U.S. morning trade, the greenback was lower against the euro, with EUR/USD gaining 0.44% to hit 1.4891.<br /><br />Official data showed earlier that euro zone retail sales fell sharply in March, pointing to weaker household … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – GBP/USD Hits Daily High After U.S. ADP, ISM Data Posted: 04 May 2011 07:40 AM PDT Forex Pros – The pound extended gains against the U.S. dollar on Wednesday, rising to a fresh daily high after data showed that the U.S. added fewer private sector jobs than expected last month while U.S. service sector growth slowed unexpectedly.<br /><br />GBP/USD hit 1.6575 during early U.S. trade, the daily high; the pair subsequently consolidated at 1.6544, gaining 0.31%.<br /><br />Cable was likely to find support at 1.6384, the low of April 21 and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Stock Market Summary For Wednesday, May 4, 2011 Special Alert VXX Posted: 04 May 2011 07:27 AM PDT We are removing the position in the iPath S&P 500 VIX Short-Term Futures ETN (symbol: VXX) added to the watch list on Tuesday, April 26, 2011 at the current intra-day price of $25.16. We added this position in VXX at the intra-day price of $23.68. While on the watch list VXX returned 6.3% in 8 days. We now have two remaining positions in VXX on our watch … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: USDCAD. Watching 0.9550. Bullish Above. Bearish Below Posted: 04 May 2011 07:26 AM PDT The USDCAD has pushed higher on lower growth/less demand for oil (oil prices are down today). The correction off the high came down to 0.9550 and bounced back higher…so … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Notes 5.4.2011: Gold, Silver, AUD/USD Posted: 04 May 2011 07:25 AM PDT Gold (XAU/USD) – Gold is staying above the 1528.75 correction low. It continues to lose bullish momentum, but has not shown bearish momentum, hovering above the 50% retracement of the rally from 1495 to 1575. If the current correction is not over, it can extend lower towards 1518-1520 pivot near 61.8% retracement. However, if there is no surprising factors to support the USD from this Friday's NFP, gold should continue rallying towards a swing projection target near 1585.
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| Forex – EUR/USD Hits 17-month High After Weak U.S. Data Posted: 04 May 2011 07:20 AM PDT Forex Pros – The euro advanced to a 17-month high against the U.S. dollar on Wednesday, after reports showing the U.S. added fewer private sector jobs than expected last month while the U.S. service sector contracted unexpectedly.<br /><br />EUR/USD hit 1.4940 during U.S. morning trade, the pair’s highest since December 4, 2009; the pair subsequently consolidated at 1.4924, gaining 0.67%.<br /><br />The pair was likely to find support at 1.4753, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| US ISM Services Index Surprises Forecasts Sliding 5 Points; US Economy To Disappoint In 2Q? Posted: 04 May 2011 07:19 AM PDT The ISM Non-Manufacturing index came in at 52.8 for the April period which was much lower compared to expectations of a 58.4, which would have been a small increase compared to March's reading at 57.3. This index measures activity in the services sector, the dominant sector in the US, and the one creating most of the jobs we have seen of late. var div = jQuery(“”).css({
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| Crude Drops Below $111 On API Report Posted: 04 May 2011 06:45 AM PDT 05/04/11 Front month crude prices faltered this session following a surprising rise in the API’s inventory data … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Sunny Weather And Royal Wedding Boost Spring Sales At Next Posted: 04 May 2011 02:49 AM PDT The sun shone on high street retailer Next (LON:NXT) during the three months to the end of April, with sales of its own-brand goods up significantly better than expected at 5.2% – excluding VAT. The figures compare favourably to guidance set out in March when the fashion group forecast half-year sales of between -0.5% and +2.5%. It estimated that at least 2.5% of the over-performance came as a result of exceptionally warm weather over Easter and spending in anticipation of the Royal Wedding … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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