Friday, June 10, 2011

DailyMarkets.com - Credit Card Rewards Getting Juicier With 50,000 Bonus Points Offered

DailyMarkets.com - Credit Card Rewards Getting Juicier With 50,000 Bonus Points Offered

Credit Card Rewards Getting Juicier With 50,000 Bonus Points Offered

Posted: 10 Jun 2011 09:34 AM PDT

I’m beginning to see a trend in the credit card market: banks are now offering greater signing bonuses to new card members – and that’s great news for consumers. I recently wrote about two irresistible card offers from JPMorgan Chase (NYSE:JPM): the eye-popping British Airways credit card offer which gave 100,000 bonus miles to new sign-ups (unfortunately that offer has already expired), and also about the Chase Sapphire Preferred credit card which offers 50,000 bonus points (instead of 25,000 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

PACCAR Downgraded To Neutral

Posted: 10 Jun 2011 09:01 AM PDT

We downgrade our recommendation on PACCAR Inc. (NASDAQ:PCAR) to Neutral from Outperform. Headquartered in Bellevue, Washington, PACCAR is the third largest manufacturer of heavy-duty trucks (with a capacity of more than 15 metric tons) in the world after Volvo and Daimler, and has substantial manufacturing exposure to the light/medium trucks (with a capacity of 6–15 metric tons) market.
During the first quarter of 2011, PACCAR posted strong results. The company reported almost a threefold increase … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

HP To Roll Out TouchPad Tablet

Posted: 10 Jun 2011 09:01 AM PDT

The leading PC manufacturer Hewlett Packard Company (NYSE:HPQ) is set to roll out its TouchPad tablet, which is touted to be the company's answer to Apple Inc's (NASDAQ:AAPL) iPad.  TouchPad will debut in the United States on July 1 in two versions, with price tags of $500 and $600, respectively.
After the news of the product launch broke, Hewlett-Packard shares moved up by 10 cents to $35.46 during the evening trading session in the New York Stock Exchange composite trading. The shares have … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Novartis Bexsero Vaccine Encourages

Posted: 10 Jun 2011 09:00 AM PDT

Novartis (NYSE:NVS) recently presented data from some studies, which showed that its pipeline candidate Bexsero vaccine induces robust immune response in infants, toddlers and adolescents suffering from Meningococcal serogroup B (MenB) disease. The vaccine, thus has the potential to provide broad usage. The vaccine is also known as 4CMenB. The data were presented at The European Society for Paediatric Infectious Diseases (ESPID).
Data from a pivotal study, which was conducted on more than 1,800 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down At The End Of European Session

Posted: 10 Jun 2011 09:00 AM PDT

Forex Pros – The Euro was lower against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4364, down 1.01% at time of writing.<br/><br/> The pair was likely to find support at 1.4354, today&rsquo;s low, and resistance at 1.4696, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.31% to hit 0.8838 and EUR/JPY falling 1.12% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USDJPY Moves To 80.24 Level; 2010 Low Price

Posted: 10 Jun 2011 08:57 AM PDT

The 80.24 level was the 2010 low price. The price is now above the level.  This should be positive for the pair. Look for momentum though as have not had any in the current week with the high at 80.45 and the low at 79.68.  The 77 pip range is the lowest since February 2004.  A larger range will be exected next … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: GBP/USD Drops To Approach Critical Support

Posted: 10 Jun 2011 08:44 AM PDT

GBP/USD (daily chart) as of Friday (6/10/2011) has dropped substantially to approach a confluence of key support factors, including the 1.6200 support price region, the 38.2% Fibonacci retracement of the last major bullish trend run, and an important long-term uptrend support line extending back to the May 2010 lows. Price action is therefore at a critical juncture once again. In the event of a significant breakdown below the current support confluence, which would jeopardize the longstanding … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Rising European Tensions Feed U.S. Slowdown – Yields Sink

Posted: 10 Jun 2011 08:39 AM PDT

Credit market participants continue to lower monetary tightening expectations at the end of a week in which further disenchantment surfaced over the health of the global economy. Inflation expectations also moved to a less threatening trajectory helping massage longer-dated yields further downwards.
European bond markets – New highs for the September German bund contract as risk aversion resurfaces with flashpoints glowing red across the periphery. Portuguese benchmark government debt prices … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Pebblebrook Extends Credit Facility

Posted: 10 Jun 2011 08:30 AM PDT

Pebblebrook Hotel Trust, (PEB) a publicly owned real estate investment trust recently increased its unsecured credit facility size of $150 million to $200.0 million, with an option of increasing the facility size to $400 million. The new bank facility maturity has been extended to June 3, 2014, with an option to extend till June 3, 2015. Pebblebrook Hotel has not borrowed any funds against the facility.
This expanded new facility will enable the company to attain financial flexibility and seize … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down Toward The End Of European Session

Posted: 10 Jun 2011 08:25 AM PDT

Forex Pros – The British Pound was lower against the U.S. Dollar on Friday after the release of U.K. data on Industrial Production.<br/><br/> GBP/USD was trading at 1.6244, down 0.74% at time of writing.<br/><br/> The pair was likely to find support at 1.6216, today&rsquo;s low, and resistance at 1.6473, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Industral production in the U.K. fell to a seasonally adjusted -1.7% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Australian Dollar: The Downside Prevails

Posted: 10 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: 10 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

Word From The Floor: Wall Street Slides On Global Slowdown Fears

Posted: 10 Jun 2011 08:12 AM PDT

06/10/11 US stocks slide, on track for six straight weeks of losses. China posted a smaller-than-expected trade surplus in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Excluding Distressed Home Sales, CoreLogic Index Shows That Home Prices Are Increasing In 20 States

Posted: 10 Jun 2011 08:06 AM PDT

The company CoreLogic calculates and reports a monthly home price index (HPI), similar to the Case-Shiller Home Price index, and is being featured on CD for the first time today.  The CoreLogic HPI is a “repeat-sales index that tracks increases and decreases in sales prices for the same homes over time, which provides a more accurate “constant-quality” view of pricing trends than basing analysis on all homes.”  CoreLogic’s HPI covers median home sales prices in 6,500 U.S. zip code … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Not Giving Up On The Trend. Liquidation Sends The Pair Lower

Posted: 10 Jun 2011 08:05 AM PDT

It is like catching a falling knife. Target after target is being taken out in the EURUSD as it trends lower and lower. THe 1.4375 trendline is the latest victim.  This level is now resistance for the pair.  On the downside, the targets line up with 1.4332 being the next technical level. This is the 50% of the move up from the May low to the June high. Below that 1.4302 which is the steep channel on the hourly chart below. 
Stay below the 1.4373 level now and those who are long … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Comcast Set To Secure Homes

Posted: 10 Jun 2011 08:05 AM PDT

Comcast Corporation (NASDAQ:CMCSA) recently teamed up with iControl Networks, which provides software for online home management solutions, to offer home security services to its clients.
The new service is known as Xfinity Home Security service and will be launched in ten different cities across the U.S. To avail this new service, customers have to enter into a contract for a period of three years with Comcast and will be charged $40 per month.
Consumers of this new service will be provided a touch … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Carnival Enhances 2015 Pipeline

Posted: 10 Jun 2011 08:05 AM PDT

Carnival Corporation (NYSE:CCL), the largest cruise operator in the world, recently entered into an agreement with Italian shipbuilder Fincantieri to build the largest cruise ship for the British market at an all-in cost of €560 million ($804 million) i.e. €155,000/berth.
Per the deal, the shipbuilder Fincantieri will construct a 141,000-ton cruise ship for its P&O Cruises brand. The new ship will have a passenger capacity of 3,611. P&O Cruise is the #1 cruise operator in Britain. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The European Session

Posted: 10 Jun 2011 08:00 AM PDT

Forex Pros – The Euro was lower against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4358, down 1.05% at time of writing.<br/><br/> The pair was likely to find support at 1.4358, today&rsquo;s low, and resistance at 1.4696, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.21% to hit 0.8848 and EUR/JPY falling 1.25% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURJPY Moves Below 100 Day MA And Trendline

Posted: 10 Jun 2011 07:53 AM PDT

The hourly chart also shows sharp declines for the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURCHF Tests Its Key Support Level

Posted: 10 Jun 2011 07:50 AM PDT

The smashing of the EURUSD has also ben reflected in the EURCHF. The pair is testing support on the daily chart at the 1.2091 level currently and will be eyed.   A break has the all time low at 1.2255 and then it is free to roam … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Down In European Trading Hours

Posted: 10 Jun 2011 07:40 AM PDT

Forex Pros – The British Pound was lower against the Japanese Yen on Friday after the release of U.K. data on Industrial Production.<br/><br/> GBP/JPY was trading at 130.10, down 1.08% at time of writing.<br/><br/> The pair was likely to find support at 129.79, today&rsquo;s low, and resistance at 132.30, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Industral production in the U.K. fell to a seasonally adjusted -1.7% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Joe Grano Takes On Wall Street And Washington

Posted: 10 Jun 2011 07:36 AM PDT

There are few people in our nation today who are willing to stand up and call out both Wall Street and Washington. There are even fewer who have worked within these bastions of power and will subsequently make the hard calls while providing real 'sense on cents' in the process. Yesterday I observed just such an individual. Who was it?
Joe Grano.
I had heard of Joe but never had the luxury of listening to him speak. I will now look for him often. During an interview yesterday on Bloomberg, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Next Target Tested At 1.4375

Posted: 10 Jun 2011 07:35 AM PDT

The target is down to the 1.4375 level currently.  Moving and staying below the 1.4417 level (38.2% of the move up from the May low to the June high), keeps the bears in charge. Looking at the 5 minute chart, I have added a Fibonacci retracement from the most recent high to the low and the 38.2% comes in at the 1.4421 currently. This coupled with the 1.4417 level increases the importance of this level today.  This will be eyed … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Market Summary For June 10, 2011

Posted: 10 Jun 2011 07:31 AM PDT

S&P 500 is holding support level at 1,276 so … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Remains Above $100

Posted: 10 Jun 2011 02:30 AM PDT

06/10/11 Front month crude prices remained above $100 but fell from recent highs following a surge in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

One Of The Biggest Investment Stories In The History Of Business

Posted: 10 Jun 2011 07:21 AM PDT

One of the Biggest Investment Stories in the History of Business
by Steve McDonald, Investment U's Weekend Editor
Friday, June 10, 2011: Issue #1532
The cloud computing phenomenon has been described by The Wall Street Journal as "the single biggest creation of wealth in the history of business."
Read that again.
Not the biggest in the history of the tech industry, but the biggest in the history of all business. According to analysts, this investment opportunity will dwarf the internet and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Trichet Sinks Euro – Redux

Posted: 10 Jun 2011 07:12 AM PDT

Trying to determine quite where the euro currency will be on any given day has become little more than a coin toss as back-and-forth dialogue seems subject to frequent change. ECB President Trichet now rejects Greek debt restructuring. His comments today continue to reflect yesterday's sinking sensation for the single currency. In Britain data continues to need adjusting on account for the royal wedding but make no mistake about it, the economy continues to slide notably as evidenced by April … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Morning Market Brief

Posted: 10 Jun 2011 01:15 AM PDT

06/10/11 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

Orosur Mining Completes Fundraising Ahead Of Talca Acquisition

Posted: 10 Jun 2011 01:39 AM PDT

Orosur Mining (LON:OMI), the AIM and TSX-V quoted South American-focused gold producer and explorer, has raised gross proceeds of US$13.5 million (£8.3 million) in a share placing priced at 66p per share. Yesterday, Orosur said it was aiming to raise up to US$15 million to fund the acquisition of a 100 per cent interest in the Talca gold property in Chile's Region IV from Compañía Minera Demetrio Tello and others. The share placing was priced at a nine per cent discount to Orosur's share … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Technical Analysis For June 10, 2011

Posted: 09 Jun 2011 10:02 AM PDT

By ForexMansion.com

 
The USD/JPY rose on Thursday, bouncing above the 80 level. The pair should have a lot of support in the 80 range, as the central banks pushed the pair above it during intervention recently. We are looking for continued bullishness in order to buy. The thought of selling isn't something we would consider because of the central bank's ability to jump into the markets and intervene anywhere below here.

Originally posted here
Find more information about technical … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Technical Analysis For June 10, 2011

Posted: 09 Jun 2011 10:01 AM PDT

By ForexMansion.com

 
The USD/CHF rose in value Thursday, bucking the down trend that it has been in for quite some time. Because of this, we are simply waiting to see bearish price action at higher levels in order to sell. The trend is certainly down, and the smart money is simply waiting for another chance to sell this market at higher levels. We believe in selling rallies, and the 0.85 level is a perfect spot. We will simply wait.

Originally posted here
Find more information about … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Technical Analysis For June 10, 2011

Posted: 09 Jun 2011 10:00 AM PDT

By ForexMansion.com

 
The USD/CAD fell on Thursday, continuing to consolidate in the recent range that it finds itself in. The 0.97 to 0.9850 levels continue to reign in moves, and will certainly be the areas that the bulls and bears both will be watching. We know the trend is down, and the oil markets are heating up – so a sell is preferred in this pair. We only need to see a solid daily close below the 0.97 area first.

Originally posted here
Find more information about technical … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Technical Analysis For June 10, 2011

Posted: 09 Jun 2011 10:00 AM PDT

By ForexMansion.com

 
The NZD/USD had a very volatile day on Thursday, breaking through to new highs. However, the day ended up in a somewhat flat manner as the pair looks for a catalyst to determine its next move. The pair is still certainly bullish looking, but perhaps the next few days will be choppy – but the overall trend has us thinking up.

Originally posted here
Find more information about technical analysis, fundamental analysis and news on ForexMansion.com.
About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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