Friday, June 3, 2011

DailyMarkets.com - AWSR In Production

DailyMarkets.com - AWSR In Production

AWSR In Production

Posted: 03 Jun 2011 04:05 PM PDT

Ian Gilson, CFA
America West Resources (AWSR.OB $1.60)  owns a coal mine in Central Utah, about 120 miles southeast of Salt Lake City. The mine has been under development for some time and now the company has moved into a full production mode.

During a recent conference call the company discussed the current operating outlook.

America West now has two continuous miners that are working at close to their optimum output and the company expects to mine coal at 180,000 tons a quarter. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NYFP Exclusive: Fourth Annual Veuve Clicquot Polo Classic

Posted: 03 Jun 2011 04:00 PM PDT

06/03/11 Nacho Figueras, Captain of Black Watch Polo and Face of Ralph Lauren’s Polo Fragrances, talks about the upcoming Veuve Clicquot Polo Classic in New … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AWSR In Production

Posted: 03 Jun 2011 03:55 PM PDT

Zacks has removed this article. Thank you
 
AMERICA WEST RS (AWSR): Free Stock Analysis … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Patterson-UTI: 201 Rigs At Work

Posted: 03 Jun 2011 03:55 PM PDT

Onshore contract driller Patterson-UTI Energy Inc. (NASDAQ:PTEN) declared that its May 2011 drill rig count averaged 201, flat compared to the previous month. The company operated 200 rigs in the U.S. and 1 in Canada in May, compared with 197 rigs in the U.S. and 4 rigs in Canada during April this year.
Patterson-UTI's activity levels in the U.S. peaked in early October 2008 with a rig count of 275. Since then through the second quarter of 2009, the company witnessed a steep and rapid decline in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

A.M. Best Rates Tower Positive

Posted: 03 Jun 2011 03:35 PM PDT

The rating agency A.M. Best has affirmed the ratings on Tower Group Inc. (NASDAQ:TWGP) and its subsidiaries. The ratings action includes affirmation of issuer credit ratings (ICR) of "bbb-" and debt rating of "bbb-" on $139.8 million 5.00% senior convertible notes due 2014 of Tower Group Inc. It has upgraded the outlook on Tower Group to positive from stable.
The rating agency views favorably the acquisitions made by Tower Group over the last few years,  which has enabled the company to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Cautious Outlook On Telesp

Posted: 03 Jun 2011 03:35 PM PDT

We remain cautious on Brazilian fixed-line carrier Telecomunicacoes de Sao Paulo SA (NYSE:TSP), better known as Telesp.
Although the company has been investing in new businesses such as video, broadband Internet and Pay TV to boost long-term growth, we believe Telesp remains significantly challenged by the falling subscriber base of its legacy voice telephony operation as evidenced in the recently concluded first quarter.
Additionally, the carrier's exposure to an increasingly competitive … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

3 Hot Stocks To Watch In The Week Ahead

Posted: 03 Jun 2011 03:22 PM PDT

( click to enlarge )

GT Solar International, Inc. (NASDAQ:SOLR) is breaking out !! The stock cleared resistance on heavy volume and looks ready to extend it’s gains next week. However, I would like to point out that everytime it hits the top channel line there is a major correction. Next support lies at $12.78 but any close below this level could have further negative implications for the stock, and a move to $12.30 cannot be ruled ( bottom of the small uptrend channel ).  The technical … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold And Silver Part Ways?

Posted: 03 Jun 2011 03:18 PM PDT

By Raghu Gullapalli, contributing writer
GLD SLV
 Just this morning an absolutely abysmal jobs report was released. This latest news on top of the steady stream of poor economic reports over the past week will no doubt conspire to push the market down. The S&P 500 is down to 1,300 levels and may well seek out the long-term support at 1,250. And on top of all this domestic turbulence, lies the desperate situation in the Eurozone and their dealings with the PIIGS; Portugal, Ireland, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Monetary Policy Week In Review – 4 June 2011

Posted: 03 Jun 2011 03:13 PM PDT

The past week in central banking saw monetary policy announcements from 10 different central banks.  Of those announcing interest rate decisions, the following central banks increased their main policy interest rates: Colombia +25bps to 4.00%, Belarus +200bps to 16.00%, Kenya +25bps to 6.25%, Jordan +25bps to 4.50%, and Thailand +3.00%.  Those that held interest rates unchanged were: Saudi Arabia 0.25%, Russia 8.25%, Canada 1.00%, and the West African States 4.25%.  Russia did … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aflac Remaining Neutral

Posted: 03 Jun 2011 03:10 PM PDT

We reiterate our recommendation on Aflac Inc. (NYSE:AFL) at Neutral, based on the current sustainability factor. The company's first quarter operating earnings per share of $1.63 came in modestly higher than the Zacks Consensus Estimate of $1.52 and $1.41 reported in the year-ago quarter.
The growth in the first quarter was supported by higher premium income, modest investment yields, favorable dollar/yen exchange rate and improvement in the U.S. operations, which also drove operating ROE. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Altera Reiterates Guidance

Posted: 03 Jun 2011 03:10 PM PDT

Altera Corporation (ALTR) recently reiterated its sales guidance for the second quarter.
Altera continues to expect sales will be flat to up 5% in the second quarter. This implies a revenue guidance of $535.8 million – $562.6 million.
Altera expects that the Telecom and Wireless vertical market will be up sequentially driven by growth in wireless. However, revenues from other vertical markets such as automotive, industrial, military, computer, networking and other verticals are expected to be … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Deere Sells $850M In Notes

Posted: 03 Jun 2011 03:05 PM PDT

John Deere Capital Corp, a unit of Deere & Company (NYSE:DE), sold $850 million of medium term notes in two parts. 
The five year fixed rate notes worth $500 million, are at a risk premium of 65 basis points over Treasury bonds and the $350 million two year floating-rate notes are 15 basis points over the three-month London Interbank Offered rate. Deutsche Bank AG (NYSE:DB), HSBC (NYSE:HBC) and JPMorgan Chase & Co. (NYSE:JPM) are the joint bookrunning managers for the sale.
As of April 30, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dillard’s Comps Rise

Posted: 03 Jun 2011 03:05 PM PDT

Dillard’s Inc. (NYSE:DDS), the leading apparel and home-furnishing retailer in the United States, reported a growth of 2.0% in same-store sales for the four-week period ended May 28, 2011. Merchandise sales for the period shot up 1.9% to $434.7 million compared with $426.5 million in the four-week period ended May 28, 2011.
Comparable store sales and total sales both increased 2% for the seventeen week period ended May 28, 2011. The sales movement was at par with the average total company trend in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Risk, Reward Balance Noble

Posted: 03 Jun 2011 03:05 PM PDT

We maintain our Neutral recommendation for Noble Corporation (NYSE:NE) as disappointing first quarter results and the effect of the drilling ban in the Gulf of Mexico (GoM) were balanced by rising commodity prices as well as improvements in international jackup markets.
Noble registered depressed first quarter 2011 earnings due to lingering concerns related to GoM drill ban last year and thereby experienced lower utilization and dayrate.
Again, Noble’s existing fleet is fairly challenged with … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CMS Energy Strives To Lift Michigan

Posted: 03 Jun 2011 03:05 PM PDT

Consumers Energy, the major subsidiary of CMS Energy (NYSE:CMS) pledged its support for the economy of Michigan. The pledge came with a commitment to invest an additional $250 million in the state over the next five years. The company will use only small and medium-sized Michigan-based suppliers. The money will be used to fund projects related to equipment and services for renewable energy.
The utility’s commitment to increase spending in Michigan follows the launch of new Pure Michigan Business … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Analyst Interviews: Consumer Staples Stock Outlook

Posted: 03 Jun 2011 02:35 PM PDT

Stocks in the Consumer Staples sector have traditionally performed better than the stock market, and especially cyclical companies, during market declines. We are seeing evidence of this at present — consumer staple stocks have started shining again as concerns about the economy's growth momentum have taken center stage.

The fundamental explanation for this behavior is that food, beverage, household products and cosmetics companies manufacture and market brand name consumable products, most … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Rating Cuts Threaten Big Banks

Posted: 03 Jun 2011 02:25 PM PDT

Will the government protect big banks any more? Will the “too big to fail” presumption stick around anymore? The answers to these questions will determine rating agencies' actions on major U.S. banks. 
These perceptions may no longer hold true. At least, that's what the Dodd-Frank act clearly conveys. Ratings accorded by agencies that were inflated assuming that mega banks are entitled to government protection by default during a major financial crisis, can now be downgraded.
First … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Pfizer Announces Deals

Posted: 03 Jun 2011 02:25 PM PDT

Pfizer Inc. (NYSE:PFE) recently entered into a development and commercialization agreement with biopharma company Clovis Oncology, Inc. for Pfizer's oral and IV Poly (ADP-ribose) polymerase (PARP) inhibitor, PF-01367338.
Terms of the Agreement
Per the terms of the agreement, Clovis Oncology will be responsible for the global development and commercialization of the candidate. In return, Pfizer will be entitled to receive an upfront license fee in the form of equity in Clovis Oncology and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

WPP Expands Digital Arm

Posted: 03 Jun 2011 02:25 PM PDT

Advertising titan WPP plc. (NASDAQ:WPPGY) announced that it has acquired 70% stake in Brazil based F.biz Ltda. The financial terms of the transaction were not disclosed.
Founded in 1999, F.biz Ltda. is the largest independent digital advertising agency in Brazil. Employing 200 people, F.biz serves clients such as Campari, Itaú, Vivo and NetShoes.
With this acquisition, the company is well placed to fulfill its objective of expanding its capabilities in the digital, direct and interactive … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Closing Bell Market Monitor: NWL, TSLA, SOLR

Posted: 03 Jun 2011 02:25 PM PDT

06/03/11 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

Hot Option Plays: And Cats Like Dogs Today…

Posted: 03 Jun 2011 02:18 PM PDT

Cusick’s Corner
The market just did not have the comeback power of the Mavericks and why should it? The latest labor stats cannot be blindly cast aside even though there’s potential for more stimuli on the forefront. What confused some traders was that the VIX actually pulled back. But to event traders this is typical, price-in the event and when the event occurs pull it right back out. That is exactly what happened in the VIX today, but that should not make us too complacent! And that may seem … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up At The End Of U.S. Session

Posted: 03 Jun 2011 02:10 PM PDT

Forex Pros – The Euro was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> EUR/USD was trading at 1.4636, up 1.01% at time of writing.<br/><br/> The pair was likely to find support at 1.4258, Monday&rsquo;s low, and resistance at 1.4643, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 54K last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NeuroMetrix To Demo At ENDO 2011

Posted: 03 Jun 2011 02:05 PM PDT

Nerve testing devices maker NeuroMetrix (NASDAQ:NURO) will showcase its latest test, the NC-stat DPNCheck, at the annual meeting of The Endocrine Society ("ENDO 2011") slated to be held in Boston from June 4 to June 6, 2011. The product was successfully previewed, in April 2011, at the Annual Meeting of the American Association of Clinical Endocrinologists ("AACE") in San Diego, California.
The NC-stat DPNCheck test has been designed for evaluating systemic neuropathies such as diabetic … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up At The End Of U.S. Session

Posted: 03 Jun 2011 02:05 PM PDT

Forex Pros – The British Pound was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> GBP/USD was trading at 1.6426, up 0.33% at time of writing.<br/><br/> The pair was likely to find support at 1.6287, 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. non-farm payrolls rose less-than-expected to a seasonally adjusted 54K … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Legg Mason Hikes CEO Package

Posted: 03 Jun 2011 02:04 PM PDT

Legg Mason Inc.'s (NYSE:LM) Chairman and CEO Mark R. Fetting's total compensation, including a cash bonus, had been raised to $5.9 million in fiscal 2011. This represents a hike of 28% from $4.6 million received in prior fiscal year, according to a regulatory filing on Wednesday.
For fiscal 2011, Fetting's pay package includes salary of $500,000 unchanged from 2010, a cash bonus of $2.9 million (up from $950,000 in 2010) and stock awards of $1.9 million (up from $407,143 in 2010). He has … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Demographics Of Joblessness, Pt. 1

Posted: 03 Jun 2011 02:04 PM PDT

This month's employment report was deeply disappointing, and would have been shockingly low if we didn't get the heads up from the very weak ADP report on Wednesday. The rate of job creations slowed dramatically to just a total of 54,000, from 232,000 in April, and far below the 169,000 consensus expectation. Those expectations had already come down sharply in the wake of the ADP report.

Also the job creation totals for both April and March were revised lower. The unemployment rate inched … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Demographics Of Joblessness, Pt. 2

Posted: 03 Jun 2011 02:04 PM PDT

Private Sector Results

The private sector added 83,000 jobs, way down from an increase of 251,000 jobs in April (revised down from 268,000). In March, the private sector added 219,000 jobs (revised down from 231,000 and an initial read of 230,000). The private sector job growth over the last three months is certainly respectable, averaging 184,300. That's good, but hardly great, especially coming out of a deep recession.

The May number was far below the consensus expectations of 180,000 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

A Meaningless Ratio

Posted: 03 Jun 2011 02:01 PM PDT

I've noticed for some time now that some financial TV guests are so eager to trash the Fed that they will say some really strange things in that service. One this morning probably should win the prize. The topic was QE2 and job creation. The guest gave an estimate of QE2 purchases to date and an estimate of the jobs created during that same period. Then he divided the latter into the former to get a cost per job. The program hosts went along with that little exercise without … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down At The End Of U.S. Session

Posted: 03 Jun 2011 02:00 PM PDT

Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> USD/JPY was trading at 80.27, down 0.76% at time of writing.<br/><br/> The pair was likely to find support at 80.06, today&rsquo;s low, and resistance at 81.77, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 54K … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Deere Sells $850 Notes In 2 Parts

Posted: 03 Jun 2011 01:40 PM PDT

John Deere Capital Corp, a unit of Deere & Company (NYSE:DE), sold $850 million of medium term notes in two parts. 
The five year fixed rate notes worth $500 million, are at a risk premium of 65 basis points over Treasury bonds and the $350 million two year floating-rate notes are 15 basis points over the three-month London Interbank Offered rate. Deutsche Bank AG (NYSE:DB), HSBC (NYSE:HBC) and JPMorgan Chase & Co. (NYSE:JPM) are the joint bookrunning managers for the sale.
As of April 30, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Luminex, LIFE In MAGPIX Pact

Posted: 03 Jun 2011 01:40 PM PDT

Luminex Corporation (NASDAQ:LMNX), a developer of biological testing technologies, has joined forces with global life sciences company Life Technologies Corporation (LIFE) to market its coveted MAGPIX analytical instrument. The entities have forged a global sales and distribution deal for this award-winning solution.
The MAGPIX system (launched in July 2010) leverages Luminex's proprietary open-architecture xMAP technology and is capable of producing up to 50 tests on a single sample. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down Toward The End Of U.S. Session

Posted: 03 Jun 2011 01:40 PM PDT

Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Friday after the release of U.S. data on Unemployment Rate.<br/><br/> USD/JPY was trading at 80.21, down 0.84% at time of writing.<br/><br/> The pair was likely to find support at 80.06, today&rsquo;s low, and resistance at 81.77, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that the U.S. unemployment rate rose unexpectedly to a seasonally adjusted 9.1% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

MoneyGram Joins Service Centers

Posted: 03 Jun 2011 01:35 PM PDT

Yesterday, MoneyGram International Inc. (NYSE:MGI) announced its alliance with two of the leading financial service center agents, in order to expand its money transfer and bill payment opportunities across the US.
The two top service centers are Friendly Check and RiteCheck, both of which were working with a competitor of MoneyGram earlier, but have now chosen to ally with the company in May this year.
Friendly Check has added about 45 customer-focused locations across North Carolina and Virginia … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CSC To Support Flood Victims

Posted: 03 Jun 2011 01:35 PM PDT

Computer Sciences Corporation (NYSE:CSC) recently secured the National Flood Insurance Program (NFIP) Direct Servicing Agent (DSA) contract. This 5-year contract was conferred by the U.S. Federal Emergency Management Agency (FEMA). Financial details of the deal were not divulged.
The NFIP program has been designed to provide an insurance alternative to disaster assistance. The program will insure properties against damages caused by floods, and extend funds for consequent repair work.
Under the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hologic To Thrive In China

Posted: 03 Jun 2011 01:35 PM PDT

Recently, Hologic (NASDAQ:HOLX) acquired privately-held TCT International, which is a distributor of medical products in China for $135 million in cash. Of this, $35 million is deferred for one year in addition to a two-year contingent earn out depending on TCT's revenue growth.
The transaction is expected to generate additional revenue of $10 million during fiscal 2011 and be accretive to earnings, on an adjusted basis.
Products distributed by TCT, which has wide sales network and customer … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up Toward The End Of U.S. Session

Posted: 03 Jun 2011 01:25 PM PDT

Forex Pros – The Euro was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> EUR/USD was trading at 1.4634, up 1.00% at time of writing.<br/><br/> The pair was likely to find support at 1.4258, Monday&rsquo;s low, and resistance at 1.4643, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 54K last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Markets Close Lower; Dow Jones Down 0.79%

Posted: 03 Jun 2011 01:10 PM PDT

Forex Pros – U.S. stocks were down after the closing bell on Friday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average fell 0.79%, the S&P 500 index shed 0.97%, while the Nasdaq 100 index declined 1.48%.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 54K last month, from 232K in the preceding month whose figure was revised down from 244K.<br/><br/> … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Textron Gets Afghan Contract

Posted: 03 Jun 2011 01:06 PM PDT

Textron Inc. (NYSE:TXT) announced that its unit, Textron Marine & Land Systems received an Undefinitized Contract Action (UCA) to Build Armored Vehicles for Afghanistan National Army (ANA). Per the contract Textron will produce up to 440 Medium Armored Security Vehicles (MASV).
MASVs include nine armored vehicle configurations designed specifically for ANA roles and missions, and are derived from the combat-proven M1117 Armored Security Vehicle (ASV) and ASV Armored Personnel Carrier (APC). In … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Avalonbay Lowered To Neutral

Posted: 03 Jun 2011 12:55 PM PDT

We have recently downgraded our recommendation on Avalonbay Communities Inc. (NYSE:AVB), a leading multifamily real estate investment trust (REIT), from Outperform to Neutral as we anticipate it to perform in line with the broader market.
Avalonbay has Class A assets located in some of the premium markets of the country, such as Washington DC, New York City and San Francisco, where the spread between renting and owning is high. This enables the company to continually increase rents to fuel its … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Rockwell Automation Hikes Dividend

Posted: 03 Jun 2011 12:55 PM PDT

Rockwell Automation Inc. (NYSE:ROK) in a move to enhance value for shareholders hiked its quarterly dividend by 7.5 cents to 42.5 cents. This translates to a 21% increase from the prior dividend of 35 cents. The increased dividend will be paid on September 12, 2011, to stockholders of record on August 15, 2011.
The dividend hike comes after exactly a year. Rockwell Automation had last hiked its dividend in June last year by 6 cents to 35 cents, another 21% increase. The current 7.5 cent increase … [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: 03 Jun 2011 12:45 PM PDT

Forex Pros – The British Pound was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> GBP/USD was trading at 1.6435, up 0.38% at time of writing.<br/><br/> The pair was likely to find support at 1.6287, 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. non-farm payrolls rose less-than-expected to a seasonally adjusted 54K … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Boeing Looks To Asia To Boost Sales

Posted: 03 Jun 2011 12:35 PM PDT

Boeing Co. (NYSE:BA) is now looking towards the Asian and Mid-East defense markets for growth in an effort to counter domestic defense budgetary pressure as well as offset the shortfall in orders stemming from the austerity drive of the European countries and the U.S.
In this scenario, the Asian and Mid-East markets could be a saving grace for Boeing to boost its international defense sales. The company is hoping to increase defense sales outside the U.S. to about 25% of its revenue by 2013, up … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

A Mobile Computing Revolution

Posted: 03 Jun 2011 12:35 PM PDT

Just months after Microsoft Corp (NASDAQ:MSFT) announced that it would design an operating system based on ARM Holdings' (NASDAQ:ARMH) chip technology, the company showcased its Windows 8 software.
The decision marks Microsoft's divergence from its traditional partner Intel Corp (NASDAQ:INTC), which is also fighting its own battle in the mobile computing space. Intel started promoting its trademarked "ultrabook," which it expects will enable notebook-makers to regain some of the market share it lost … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

LabCorp Extends Orchid Tender Offer

Posted: 03 Jun 2011 12:35 PM PDT

Laboratory Corporation of America Holdings (NYSE:LH) has extended the tender offer for all outstanding shares of Orchid Cellmark (NASDAQ:ORCH) till June 15, 2011. Last month, the company had received a request from the Federal Trade Commission (FTC) for some additional information regarding the transaction. Subsequently, LabCorp extended the tender offer from May 17, 2011 to June 1, 2011. Shares tendered till date represent almost 82.3% of the outstanding shares of Orchid.
Earlier, in April, LabCorp … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Patients Enrolled For Teva Study

Posted: 03 Jun 2011 12:35 PM PDT

Teva Pharmaceutical Industries Ltd. (NASDAQ:TEVA) recently finished enrolling patients for the GALA (Glatiramer Acetate Low-frequency Administration) study which is being conducted with Copaxone.
The phase III study is being conducted to evaluate the efficacy, safety and tolerability of a 40mg dosage (thrice-weekly) of Copaxone compared to placebo in relapsing-remitting multiple sclerosis (RRMS) patients.
More than 1,400 patients have been recruited for the study, whose primary endpoint is the total … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Can Market Pull A Nowitzki?

Posted: 03 Jun 2011 12:18 PM PDT

Cusick’s Corner
Can the market pull off a Nowitzki? (This is the name of Dallas Maverick’s German Center, in reference to their roaring comeback in game 2 of the NBA finals.) The long and short of it is that I am going to be watching the 1313 level, plus want to see a break and settle above this number, giving a little more confidence into the weekend. While this does not remove the Bearish pressure, it takes the flush factor out of the After Hours and early Monday trade. See you After … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Ford’s Niche: Smallest Engine

Posted: 03 Jun 2011 12:10 PM PDT

Ford Motor Co. (NYSE:F) plans to roll out a 1.0-liter three-cylinder engine within the next two years that may replace the widely used four-cylinder engines, having an edge in fuel efficiency and lower emission. It would be the smallest engine ever produced by the automaker incorporating EcoBoost technology, which includes turbocharging and direct injection.
The engine, developed by Ford engineers in U.K., was first introduced in the Ford Start concept car, debuted at Beijing in 2010. Recently, it … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Up In U.S. Trade

Posted: 03 Jun 2011 12:10 PM PDT

Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Friday after the release of U.S. data on Unemployment Rate.<br/><br/> USD/CAD was trading at 0.9774, up 0.17% at time of writing.<br/><br/> The pair was likely to find support at 0.9656, Tuesday&rsquo;s low, and resistance at 0.9852, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that the U.S. unemployment rate rose unexpectedly to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up In U.S. Trading Hours

Posted: 03 Jun 2011 11:45 AM PDT

Forex Pros – The Euro was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> EUR/USD was trading at 1.4639, up 1.02% at time of writing.<br/><br/> The pair was likely to find support at 1.4258, Monday&rsquo;s low, and resistance at 1.4642, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 54K last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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