DailyMarkets.com - ANGO Intros VenaCure 1470

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• ANGO Intros VenaCure 1470
• AMB-PLD Merger Finally Comes Through
• Fundamental Anomalies: Debt-to-Equity & Pretax Margin
• Airgas Offers $250M In Notes
• Joy Global Beats, Ups Guidance
• HP Lets Halo Go, Nurtures WebOS
• Risk Reward Balance U.S. Bancorp
• Northern Trust Acquires BoISS
• Syneron Products For Asians To Glow
• Forex – AUD/USD Up In U.S. Trade
• Meritor Gets New GMs
• J&J Returns Diabetes Drug Rights
• Netflix To Pay More For Starz
• Macy’s Sales Rise
• Those Who Do Not Learn From History…
• Home Inns, Motel 168 Under One Roof
• NYFP’s CEO Spotlight: Noah Hamman, AdvisorShares Investments
• Forex – NZD/USD Up During The U.S. Session
• Ensco Finalizes Pride Acquisition
• Air Products Hikes Product Prices
• Buckeye Completes BP Asset Buy
• “Equities…going To Come Back To ‘QE3′”
• Forex Trading: EURUSD Moves Up On Reports Of A 3 Year Adjustment Plan On Greece
• Forex – GBP/USD Up In U.S. Trade
• Earnings Scorecard: Tiffany & Co.
• Amdocs Remains Neutral
• European Markets Close Lower; Dax Down 1.99%
• Concur Updates Paperless Technology
• Miami Condo Sales Highest For April Since 2005
• Put Sellers And Call Buyers Prepare For Dell Bid For Brocade
• WU Expands Further In Europe
• PPS To Develop Two Projects
• Forex – EUR/USD Up At The End Of European Session
• Life Deals With Luminex
• Initial Claims Down Slightly
• Qualcomm To Support Windows 8
• Forex Notes 6.2.2011 – A Look At USD Currency Pairs Ahead Of The Non-Farm Payroll
• Forex Trading: EURUSD Test Trendline At 1.4415/Fibo Support At 1.4416
• Bonds Stretched Like A Rubber Band
• Australian Dollar: The Downside Prevails
• Canadian Dollar: Caution
• General Motors Sees Decline In May Vehicle Sales
• Crude Oil Futures Turn Lower After U.S. EIA Inventory Data
• P.F. Chang’s Enters South America
• DineEquity To Offload 66 Applebee’s
• Word From The Floor: US Equities Open Mixed
• Forex – Dollar Broadly Lower As U.S. Economic Outlook Weighs
• Yields In Flux As Investors Position Ahead Of Labor Data
• Natural Gas Futures Soar To 10-month High After U.S. EIA Data
• Forex – GBP/USD Erases Gains As Weak U.S. Data Curbs Risk Appetite
• Gold Futures Trade In Tight Range As Weak U.S. Dollar Supports
• Forex – EUR/USD Holds Gains After Trichet Remarks, U.S. Data

ANGO Intros VenaCure 1470 Posted: 02 Jun 2011 12:02 PM PDT Therapeutic and diagnostic devices maker AngioDynamics (NASDAQ:ANGO) has further broadened its VenaCure EVLT laser vein treatment with the worldwide launch of its VenaCure 1470 nanometer (nm) laser for treating varicose veins (abnormally swollen veins). This follows the New York-based company's recent launch of the new 90 centimeter (cm) procedure kit for the VenaCure EVLT system.    Varicose veins afflict more than 40 million Americans annually and are more common in women than men. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AMB-PLD Merger Finally Comes Through Posted: 02 Jun 2011 12:02 PM PDT In a significant development in the industrial REIT (real estate investment trust) market, shareholders of both ProLogis (NYSE:PLD) and AMB Property Corp. (NYSE:AMB) has agreed to a ‘merger of equals’ to create a behemoth of sorts in the industrial real estate sector. The all-stock deal is expected to close on June 3, 2011, after erstwhile ProLogis shares are delisted from NYSE with the close of trading hours on June 2, and the combined company (renamed as ProLogis Inc.) begins trading on the NYSE … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Fundamental Anomalies: Debt-to-Equity & Pretax Margin Posted: 02 Jun 2011 12:02 PM PDT Are financial statements a good indication of corporate health? Do financial statements provide insight into a company’s risk and value? Do you think it is important to analyze a company’s financial statements before purchasing or selling a stock? If you answered yes, then fundamental analysis is important in your investment process. So do you know which aspects of these financial statements are the most correlated to future stock returns? Investment anomalies based on fundamental analysis are … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Airgas Offers $250M In Notes Posted: 02 Jun 2011 12:02 PM PDT Airgas Inc. (NYSE:ARG) recently offered senior notes worth $250 million, having a coupon rate of 2.95%; maturing on June 15, 2016. The offer must be accepted within June 3, 2011. This offering comes under a shelf registration statement filed with the U.S. Securities and Exchange Commission. The proceeds from the offer will be utilized for general corporate purposes, acquisitions, repayment of debts under Airgas' revolving credit facility and to buy shares under the share repurchase program of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Joy Global Beats, Ups Guidance Posted: 02 Jun 2011 11:35 AM PDT Joy Global Incorporation (NASDAQ:JOYG) reported adjusted earnings of $1.52 per share in the second quarter of fiscal 2011, compared with $1.15 per share in the year-ago quarter. The results of the company also surpassed the Zacks Consensus Estimate of $1.35 per share. Total Revenue Joy Global reported net sales of $1.7 billion in the reported quarter, up 18.6% from $0.9 million in the year-earlier period. The growth was driven by higher contribution from Underground Mining Machinery (up 19.1%) and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

HP Lets Halo Go, Nurtures WebOS Posted: 02 Jun 2011 11:35 AM PDT Better known as an acquirer, Hewlett-Packard Company (NYSE:HPQ) recently broke the trend by divesting its Halo video conferencing business to the unified collaboration solutions provider Polycom Inc. (NASDAQ:PLCM). The deal was settled at approximately $89.0 million in cash. The Halo visual collaboration technology was developed by HP and DreamWorks Animation in 2005. Halo is different from other available video conferencing technologies in that it sets up identical rooms at multiple locations and then … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Risk Reward Balance U.S. Bancorp Posted: 02 Jun 2011 11:35 AM PDT We have reiterated our Neutral recommendation on U.S. Bancorp (NYSE:USB). The reaffirmation follows a detailed analysis of the company fundamentals following first quarter 2011 earnings, along with an analysis of the current economic environment, its strengths, opportunities and weaknesses. U.S. Bancorp's first quarter 2011 earnings of 52 cents per share outpaced the Zacks Consensus Estimate of 49 cents. The quarter's earnings included a $46 million (2 cents per share impact) gain related to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Northern Trust Acquires BoISS Posted: 02 Jun 2011 11:35 AM PDT On Wednesday, Northern Trust Corporation (NASDAQ:NTRS) announced the completion of its acquisition of Bank of Ireland Securities Services (BoISS) from Bank of Ireland Group for €60 million ($82 million). In February 2011, Northern Trust announced its plan to acquire the fund administration, investment operations outsourcing and custody business of the Bank of Ireland Group (NYSE:IRE). Northern Trust is now expected to combine the fund administration business with its existing activities in Ireland. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Syneron Products For Asians To Glow Posted: 02 Jun 2011 11:35 AM PDT Syneron Medical Ltd. (NASDAQ:ELOS) recently got a media panel to discuss unique issues pertaining to Asian skin care and ways to generate a craze for quality skin. The company introduced three of its latest products at the 22nd World Congress of Dermatology held in Seoul. Its management stated that these innovative products (elure, ePrime and eMatrix) are especially designed to sooth the Asian skin.  The elure Advanced Skin Lightening Technology is the sole topical skin lightening substance … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Up In U.S. Trade Posted: 02 Jun 2011 11:15 AM PDT Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> AUD/USD was trading at 1.0685, up 0.67% at time of writing.<br/><br/> The pair was likely to find support at 1.0588, today&rsquo;s low, and resistance at 1.0757, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims fell less-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Meritor Gets New GMs Posted: 02 Jun 2011 11:03 AM PDT Meritor Inc. (MTOR) recently appointed Matthew Stevenson as the General Manager of North American Field Operations & Marketing and John Nelligan as the General Manager of OEM Sales & National Accounts. Both Stevenson and Nelligan will be directly reporting to Joe Plomin, the Vice President of Truck Americas, Meritor. Stevenson will manage and administer the North America field sales team, service, training, fleet and dealer relationships and Meritor WABCO field sales. Further, he will … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

J&J Returns Diabetes Drug Rights Posted: 02 Jun 2011 11:03 AM PDT Ortho-McNeil-Janssen Pharmaceuticals, Inc., a Johnson & Johnson (NYSE:JNJ) company, recently returned the rights to a type I diabetes candidate to Diamyd Medical AB. The agreement between the two companies was signed in June 2010. The agreement related to the development and commercialization of Diamyd, a GAD65-based therapy being evaluated for the treatment and prevention of type I diabetes and associated conditions. Diamyd Medical had received an upfront payment of $45 million and was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Netflix To Pay More For Starz Posted: 02 Jun 2011 11:03 AM PDT A leading provider of online movie rental services, Netflix Inc. (NASDAQ:NFLX) may pay $200 million to $300.0 million a year to renew a licensing agreement for movies and television shows with Liberty Media Corp.'s Starz (LSTZA) unit, as reported by Reuters. Currently, Netflix pays approximately $30.0 million a year as license fees for the deal, which was signed in 2008 and expires in 2012. However, Netflix has yet to renew the agreement and management did not specify the exact … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Macy’s Sales Rise Posted: 02 Jun 2011 11:03 AM PDT Macy's, Inc. (NYSE:M), one of the leading department store retailers in the United States, recently posted better-than-expected sales results for the four-week period ended May 28, 2011, making it more optimistic about second-quarter 2011 sales results. Macy's comparable-store sales for May 2011 rose 7.4%, following an increase of 10.8% registered in April 2011, and compared favorably with a 1.4% jump back in May 2010. Year-to-date comps jumped 5.9%. Management now expects comparable-store … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Those Who Do Not Learn From History… Posted: 02 Jun 2011 11:02 AM PDT "[...]Consider, for example, the following summary of economic conditions: (1) Signs indicate that the recession is finally over. (2) Short-term interest rates have been close to zero for years but are now expected to rise. (3) Some are concerned about excessive inflation. (4) Inflation concerns are partly driven by a large expansion in the monetary base in recent years and by banks' massive holding of excess reserves. (5) Furthermore, some are worried that the recent rally in commodity … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Home Inns, Motel 168 Under One Roof Posted: 02 Jun 2011 11:02 AM PDT Shanghai-based Home Inns & Hotels Management Inc. (NASDAQ:HMIN) recently entered into a definitive agreement to fully acquire Motel 168 International Holdings Limited for $470 million. The purchase consideration comprises approximately $305 million in cash and 8.15 million Home Inns’ ordinary shares at a price equivalent to a per-ADS price of $40.37 to be issued at the time of closure. As a point of reference, each Nasdaq traded Home Inns’ ADS represents two ordinary shares. The transaction is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NYFP’s CEO Spotlight: Noah Hamman, AdvisorShares Investments Posted: 02 Jun 2011 10:45 AM PDT 06/02/11 After ringing the NYSE opening Bell, Mr. Noah Hamman, CEO of AdvisorShares Investments, grants us an exclusive interview regarding the listing and growth of the AdvisorShares Cambria Global Tactical … [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: 02 Jun 2011 10:45 AM PDT Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> NZD/USD was trading at 0.8165, up 0.23% at time of writing.<br/><br/> The pair was likely to find support at 0.8109, today&rsquo;s low, and resistance at 0.8264, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims fell less-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Ensco Finalizes Pride Acquisition Posted: 02 Jun 2011 10:40 AM PDT Ensco plc (NYSE:ESV) closed its acquisition of Pride International Inc. becoming the world’s second-largest offshore oil and gas driller behind Transocean Inc. (NYSE:RIG). The acquisition also widens Ensco's exposure to the fastest growing markets of the word including Brazil and West Africa. Under the agreement, Pride stockholders received 0.4778 newly issued Ensco shares plus $15.60 in cash for each share of the Pride common stock. The board of directors of both companies approved the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Air Products Hikes Product Prices Posted: 02 Jun 2011 10:35 AM PDT Effective July 1, 2011, Air Products & Chemicals Inc. (NYSE:APD) will globally increase prices by 5%-10% for its range of epoxy curing agents, accelerators, adhesion promoters, diluents and specialty resins, and up to 25% on its range of Ancatherm hot melt adhesives and printing ink resins. A few days back, Air Products also raised the prices for its products sold under the trade names Tomamine Surfactant, Tomadry Surfactant, Tomadyne Surfactant, Tomadol Surfactant, Nonidet Surfactant, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Buckeye Completes BP Asset Buy Posted: 02 Jun 2011 10:35 AM PDT Buckeye Partners L.P. (NYSE:BPL) said it has successfully closed its $165 million deal with BP North America Inc. and its affiliates, a wholly owned subsidiary of BP Plc (NYSE:BP). Under the deal, which was amended on May 17, 2011, Buckeye gained control of BP's 33 refined petroleum products terminals and 650 miles of refined petroleum products pipeline. The acquisition of these terminal and pipeline assets further expand Buckeye’s operations in new and key geographic markets. Most of the acquired … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

“Equities…going To Come Back To ‘QE3′” Posted: 02 Jun 2011 05:26 AM PDT 06/02/11 DME Securities’ Alan Valdes discusses the job market ahead of Friday’s US employment report, and weighs in on quantitative … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Moves Up On Reports Of A 3 Year Adjustment Plan On Greece Posted: 02 Jun 2011 10:00 AM PDT Problems tend to find a solution.  Whether they are good or not. The market tends to give the benefit of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up In U.S. Trade Posted: 02 Jun 2011 10:00 AM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> GBP/USD was trading at 1.6360, up 0.16% at time of writing.<br/><br/> The pair was likely to find support at 1.6306, today&rsquo;s low, and resistance at 1.6547, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims fell less-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Scorecard: Tiffany & Co. Posted: 02 Jun 2011 09:55 AM PDT Tiffany & Company (NYSE:TIF), a high-end jewelry designer, manufacturer and retailer, recently posted first-quarter 2011 results. Street analysts had nearly a week to ponder on the news. In the subsequent paragraphs, we cover the recent earnings announcement, analysts' estimate revisions as well as the Zacks Rank and long-term recommendation for the stock. Earnings Report Review Tiffany's quarterly earnings of 67 cents per share surpassed the Zacks Consensus Estimate of 57 cents, and rose … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Amdocs Remains Neutral Posted: 02 Jun 2011 09:55 AM PDT We reiterate our long-term Neutral recommendation on Amdocs Ltd. (NYSE:DOX) following our assumption that an improving global economy will revive the Telecommunications Software Management Systems market. Amdocs has a strong portfolio of several industry-leading technology integration products for managed services and large transformational projects.We believe the long-term fundamentals of Amdocs remain firm mainly due to the transition of telecom service providers to converged and consolidated … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Markets Close Lower; Dax Down 1.99% Posted: 02 Jun 2011 09:55 AM PDT Forex Pros – European stocks were down after the closing bell on Thursday.<br/><br/> At the close of European trade, Germany&rsquo;s DAX fell 1.99%, London&rsquo;s FTSE 100 shed 1.36%, France&rsquo;s CAC 40 declined 1.89% and the EURO STOXX 50 was down 1.59%.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims fell less-than-expected to a seasonally adjusted 422K last week from 428K in the preceding week whose figure was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Concur Updates Paperless Technology Posted: 02 Jun 2011 09:35 AM PDT Concur Technology Inc. (NASDAQ:CNQR) provided latest update for its Concur® Breeze and Concur® Premier clients to help them to manage and eliminate paper from their businesses. Through the newly introduced technology, called the Receipt Store, clients will be able to email their receipt images to a central repository and easily assign them to line-item expenses. The clients will get increased number of option for handling their receipts and invoice images, which will help them to get rid of costs … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Miami Condo Sales Highest For April Since 2005 Posted: 02 Jun 2011 09:29 AM PDT And total Miami-area home sales in April were the highest for that month since 2006, according to DQ News.  “The overall median sale price rose slightly from March but fell short of a year ago for the 43rd consecutive month amid near-record-high levels of investor and cash buying.” In other words, markets are working – falling prices stimulated April sales to a five-year high (six-year high for condos).  If we measured home sales like we car sales – in terms of unit sales – the real … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Put Sellers And Call Buyers Prepare For Dell Bid For Brocade Posted: 02 Jun 2011 09:13 AM PDT Put sellers and call buyers prepare for Dell bid for Brocade Today's tickers: BRCD, IP, APOL & DHI (NASDAQ:BRCD) – Brocade Communications Systems Inc. – Options volume is heavy in switcher-maker Brocade after a broker note predicted that it fits the bill for a bid from Dell. Shares in Brocade reached a 52-week high after the analyst noted that cash-rich Dell filed a debt-shelf earlier in the week of $3.4 billion or just about enough to buy Brocade if it wanted to change course and enter the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

WU Expands Further In Europe Posted: 02 Jun 2011 09:10 AM PDT In yet another initiative to expand its presence in Europe, the world's leading money transfer company, Western Union Co. (NYSE:WU) yesterday announced the acquisition of Finint S.r.l., one of its leading money transfer network agents in Europe. Western Union has owned a 30% interest in Finint for over one and a half decades. Now, pursuant to the agreement, which is subject to regulatory approvals, the company would acquire the remaining 70% of interest in Finint.  The transaction will be … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

PPS To Develop Two Projects Posted: 02 Jun 2011 09:01 AM PDT Post Properties, Inc. (PPS), a real estate investment trust, plans to invest $113.6 million for the development of two projects. The first project Post Lake at Baldwin Park, Phase III, located in Orlando consists of 410 apartment units with an average unit size of 960 square feet.  The second project Post Parkside at Wade, Phase I, located in Raleigh comprises 392 apartment units with an average unit size of 907 square feet. Post Properties expects to fund the development program by … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up At The End Of European Session Posted: 02 Jun 2011 09:00 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> EUR/USD was trading at 1.4425, up 0.68% at time of writing.<br/><br/> The pair was likely to find support at 1.4258, Monday&rsquo;s low, and resistance at 1.4486, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims fell less-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Life Deals With Luminex Posted: 02 Jun 2011 08:35 AM PDT Life Technologies Corporation (LIFE) recently entered into a global sales and distribution agreement with Luminex Corporation (NASDAQ:LMNX) to access the latter's award-winning multiplexing instrument MAGPIX to analyze proteins for research. This partnership is expected to be beneficial for MAGPIX as Life caters to scientists and researchers worldwide. On the other hand, Life expects MAGPIX to expand its cutting-edge antibody content across a broad range of protein quantitation needed in basic … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Initial Claims Down Slightly Posted: 02 Jun 2011 08:35 AM PDT Initial Claims for Unemployment Insurance fell by 6,000 last week to 422,000. This was worse than the expected level of 413,000. The trend in initial claims had been moving downward, although with some bumps along the way. Last month, they have started to shoot back up again. This is a very worrisome trend, though we will need a few more weeks of declines to really be sure the trend is still in the right direction. Let us hope the decline continues next week. There have been several … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Qualcomm To Support Windows 8 Posted: 02 Jun 2011 08:25 AM PDT Qualcomm Inc.(NASDAQ:QCOM), the largest global manufacturer of mobile phone chipsets, is set to develop chipsets, which will support the upcoming Windows 8 platform. Earlier, in January this year, the company had planned to collaborate with other chipset makers to develop Microsoft Corporation's (NASDAQ:MSFT) Windows 8 operating system. Microsoft's new version of the popular Windows platform will be supported by touch screen applications. The new feature is expected to counter the growing popularity … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Notes 6.2.2011 – A Look At USD Currency Pairs Ahead Of The Non-Farm Payroll Posted: 02 Jun 2011 08:23 AM PDT The Non-Farm Payroll can be an important event risk for the USD. It's recovery in May along with a drop in global commodities has reversed at the end of the month into the beginning of June. This shows some uncertainty for the USD -recovery that might find some direction after the important employment release for the US. Let's take a look at the EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD, and AUD/USD pairs to monitor the status of the USD comeback ahead of the NFP. EUR/USD - The EUR/USD … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Test Trendline At 1.4415/Fibo Support At 1.4416 Posted: 02 Jun 2011 08:19 AM PDT The trendline on the hourly chart is being tested a tthe 1.4415 level. On today's 5 minute chart below, the 38.2% of the days range is near the same level. This is a level to eye for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bonds Stretched Like A Rubber Band Posted: 02 Jun 2011 08:18 AM PDT Today’s Idea Bonds have found strength in the weakness of troubled EU debt and economic doubts. The Bond market has several potential problems working against it. There is the high likelihood that the debt ceiling will be raised to stave off a default, which will likely create high supply. Also, the success of treasuries has been its own worst enemy, due to yields falling to levels that many investors feel is inadequate. Technically, the chart does not show any signs of a letup, but the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Australian Dollar: The Downside Prevails Posted: 02 Jun 2011 08:17 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Canadian Dollar: Caution Posted: 02 Jun 2011 08:17 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

General Motors Sees Decline In May Vehicle Sales Posted: 02 Jun 2011 08:15 AM PDT 06/02/11 The General Motors Company announced that May car and truck sales fell 1.2% after cutting … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Futures Turn Lower After U.S. EIA Inventory Data Posted: 02 Jun 2011 08:09 AM PDT Forex Pros – Crude oil futures erased gains in choppy trade on Thursday, dropping to a six-day low, after a government report showed that U.S. crude oil inventories rose unexpectedly last week. <br /><br />On the New York Mercantile Exchange, light sweet crude futures for delivery in June traded at USD99.58 a barrel during U.S. morning trade, shedding 0.3%.&nbsp; <br /><br />It earlier fell to USD99.34 a barrel, the lowest price since May 25. <br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

P.F. Chang’s Enters South America Posted: 02 Jun 2011 08:03 AM PDT Scottsdale, Arizona-based P.F. Chang’s China Bistro, Inc (NASDAQ:PFCB), which owns and operates two restaurant concepts P.F. Chang's China Bistro (Bistro) and Pei Wei Asian Diner (Pei Wei), recently inked a deal with Alsea, S.A.B. de C.V. to expand in South America. Alsea is a Mexico-based company primarily engaged in the food service sector with about 1,000 locations. The company franchises several renowned chains including Burger King, California Pizza Kitchen Inc. (NASDAQ:CPKI), Domino’s Pizza, Inc … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

DineEquity To Offload 66 Applebee’s Posted: 02 Jun 2011 08:03 AM PDT California-based  DineEquity Inc. (NYSE:DIN) recently announced that it has inked a deal with Apple American Group LLC to sell 66 company-owned Applebee’s restaurants in New England and parts of New York. The financial proceeds from the deal is expected to be $49 million. The company intends to reduce its financial obligations and shift toward a franchise-based model through this deal. The transaction is expected to close in the third quarter of 2011. Apple American, the largest franchisee in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Word From The Floor: US Equities Open Mixed Posted: 02 Jun 2011 08:00 AM PDT 06/02/11 The major stock averages started on mixed footing, following a sharp selloff. Initial jobless fell less-than-expected, while May retail sales came in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Broadly Lower As U.S. Economic Outlook Weighs Posted: 02 Jun 2011 07:49 AM PDT Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Thursday, as comments by the European Central Bank president boosted the euro while weak U.S. jobless claims data added to fears over faltering U.S. growth.<br /><br />During early U.S. trade, the greenback was sharply lower against the euro, with EUR/USD advancing 0.86% to hit 1.4451.<br /><br />The euro strengthened broadly after ECB head Jean-Claude Trichet said Europe should consider … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Yields In Flux As Investors Position Ahead Of Labor Data Posted: 02 Jun 2011 07:45 AM PDT Some wing-clipping is taking place on Thursday as sellers drive government bond prices back down. Doves had flocked out of the cage midweek following a weak measure of the labor market dragging yields down by 12 basis points to cross the 3% threshold for only the first time since December 7. To put such a flight to quality in to perspective the last such move followed the Japanese earthquake. Ahead of Friday's government data some profit-taking has set in with investors concerned that sub-3% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Futures Soar To 10-month High After U.S. EIA Data Posted: 02 Jun 2011 07:45 AM PDT Forex Pros – Natural gas futures were up sharply on Thursday, soaring to a ten-month high after the U.S. Energy Information Administration said natural gas inventories rose less-than-expected last week. <br /><br />On the New York Mercantile Exchange, natural gas futures for July delivery traded at USD4.824 per million British thermal units during U.S. morning trade, surging 4.25%.&nbsp;&nbsp; <br /><br />It earlier rose as much as 4.7% to USD4.857 per million … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Erases Gains As Weak U.S. Data Curbs Risk Appetite Posted: 02 Jun 2011 07:39 AM PDT Forex Pros – The pound erased gains against the U.S. dollar on Thursday, pulling back from the daily high as disappointing data on U.S. jobless claims added to fears over the U.S. economic recovery, curbing demand for higher yielding assets.<br /><br />GBP/USD eased off 1.6417, the daily high, to hit 1.6327 during early U.S. trade, dipping 0.03%.<br /><br />Cable was likely to find support at 1.6130, the low of May 25 and resistance at 1.6495, Wednesday&rsquo;s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures Trade In Tight Range As Weak U.S. Dollar Supports Posted: 02 Jun 2011 07:23 AM PDT Forex Pros – Gold futures fluctuated between small gains and losses on Thursday, as prices remained supported by a weaker U.S. dollar and growing fears over the U.S. economic recovery.&nbsp; <br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,538.65 a troy ounce during U.S. morning trade, edging 0.14% lower.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Holds Gains After Trichet Remarks, U.S. Data Posted: 02 Jun 2011 07:17 AM PDT Forex Pros – The euro held gains against the U.S. dollar on Thursday, trading close to a one-month high after remarks by European Central Bank President Jean-Claude Trichet boosted hopes for a more coordinated fiscal policy to deal with sovereign debt.<br /><br />EUR/USD hit 1.4486 during early U.S. trade, the pair&rsquo;s highest since May 6; the pair subsequently consolidated at 1.4444, jumping 0.81%.<br /><br />The pair was likely to find support at 1.4256, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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