DailyMarkets.com - Earnings Preview: Walgreen
DailyMarkets.com - Earnings Preview: Walgreen |
- Earnings Preview: Walgreen
- Medtronic Stent Found Safe
- Louisiana-Pacific Buys LP Brazil
- Hot Option Plays: Higher Beta Leading The Way
- Forex – AUD/USD Down In U.S. Trade
- Walmart Shrinks For Big Gain
- FDA Panel Backs Regeneron Drug
- U.S. Rig Count Goes Up
- BP Receives Wytch Farm Bid
- Ford Races In Europe With 20 New Cars
- Hungary Central Bank Holds Interest Rate At 6.00%
- Forex – NZD/USD Down During The U.S. Session
- Label Expansion For CELG’s Istodax
- Forex Trading: GBPUSD Falls Below The 100 Bar MA And 38.2% Retracement
- Regency Leases In Florida
- Walmart Shri For Big Gain
- Chantix Could Increase Heart Risk
- PNC Acquiring RBC Unit
- Nokia Counters UK Patent Ruling
- Euro In The Red, Rebounding From Lows
- “No Impact…if Greek Confidence Vote Goes As Planned”
- Bullish For Hansen’s Monster Drinks
- A Quick Lesson On How To Identify Price Structure In Trends
- Statoil To Use Subsea Compression
- Forex – GBP/USD Down In U.S. Trade
- Earnings Preview: Housing Sales In Focus
- St. Jude Unit Sues Occlutech
- Progressive Approves Share Buyback
- European Markets Close Lower; Dax Down 0.19%
- Earnings Preview: Rite Aid
- Prologis Down To Underperform
- Foreclosures Continue To Slow Down
- PetSmart Enhances Return
- Soft Data, Falling Revisions Ratios
- Sands China To Obtain New Credit
- Forex – EUR/USD Up At The End Of European Session
- Forex Trading: USDCAD Trades At Days Low. Support On Daily And Hourly Chart
- Anadarko Remains Neutral
- Forex Trading: GBPUSD Fails On Break Above Resistance
- Alcoa In Joint Venture
- Earnings Preview: Jabil
- Homebuilders Settle Land Dispute
- KCI Launches Wound Registry Program
- J&J Recalls Risperdal Lot
- Another Reason For Companies To Leave California
- Word From The Floor: US Stocks Turn Higher, Greece Delays Emergency Loans
- Forex Trading: EURUSD Pushes To The Next Target At 1.4311-19
- Natural Gas Futures Ease Off 3-week Low On Bargain Buying
- Forex – Dollar Trims Gains Vs. Rivals As Euro Finds Support
- Crude Deciine Continues On Greece Worries
- Focus Shifts To Athens
- Gold Futures Edge Higher On Greece Uncertainty
- Forex – GBP/USD Erases Losses As Risk Aversion Eases
- Forex Trading: USD/CHF Turns Toward Bearish Trend Continuation
- Forex – EUR/USD Pares Losses As Euro Zone Boosts Bailout Fund
- Morning Market Brief
- JD Sports Expands European Base With Sprinter And Cecil Gee Deals
- Digital Barriers Expands Homeland Security Portfolio With Zimiti Acquisition
| Posted: 20 Jun 2011 11:30 AM PDT Walgreen Co. (NYSE:WAG) is scheduled to release its third quarter 2011 earnings on Tuesday, June 22, 2011, before the market opens.
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| Posted: 20 Jun 2011 11:30 AM PDT Leading medical devices player Medtronic (NYSE:MDT) presented positive results for Valiant thoracic stent graft system after one-year patient follow-up in the US pivotal study, VALOR II, involving 160 patients. The data was presented at the annual meeting of the Society for Vascular Surgery.
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| Louisiana-Pacific Buys LP Brazil Posted: 20 Jun 2011 11:30 AM PDT Louisiana-Pacific Corporation (NYSE:LPX) recently acquired the remaining 25% equity interest in Louisiana-Pacific-Brasil OSB Industria e Comercia S.A. (LP Brazil) through its subsidiary Louisiana-Pacific South America (LPSA).
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| Hot Option Plays: Higher Beta Leading The Way Posted: 20 Jun 2011 11:18 AM PDT Cusick’s Corner
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| Forex – AUD/USD Down In U.S. Trade Posted: 20 Jun 2011 11:15 AM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Monday.<br/><br/> AUD/USD was trading at 1.0574, down 0.47% at time of writing.<br/><br/> The pair was likely to find support at 1.0478, Thursday’s low, and resistance at 1.0714, Wednesday’s high.<br/><br/> Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.45% to hit 1.3536 and AUD/JPY falling 0.25% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 20 Jun 2011 11:05 AM PDT Retail giant Wal-Mart Stores Inc. (NYSE:WMT) buys the idea "small is profitable" and gears up for opening mid-sized Walmart Market stores immediately. Management has also announced that the company plans to open 90 to 100 stores in the year ending in January and 300 by fiscal 2013, up from 185 presently.
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| FDA Panel Backs Regeneron Drug Posted: 20 Jun 2011 11:05 AM PDT Recently, the Dermatologic and Ophthalmic Advisory Committee of the US Food and Drug Administration (FDA) issued a positive opinion and unanimously recommended the US approval of Regeneron Pharmaceuticals Inc.'s (NASDAQ:REGN) eye treatment VEGF (vascular endothelial growth factor) trap-eye (proposed trade name: Eylea).
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| Posted: 20 Jun 2011 11:05 AM PDT In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to an increase in the tally of oil rigs, somewhat offset by a fall in the natural gas and miscellaneous rig counts.
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| Posted: 20 Jun 2011 11:05 AM PDT British energy giant BP Plc. (NYSE:BP) has received a bid for its stake in the Wytch Farm oil field, located in southwest England. The bidder – Premier Oil – is the second largest partner in Wytch Farm after BP. As of now, BP holds a 67.81% operated interest in Wytch Farm, while Premier has a 12.38% stake.
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| Ford Races In Europe With 20 New Cars Posted: 20 Jun 2011 11:05 AM PDT Ford Motor Co. (NYSE:F) announced its plan to roll out as many as 20 new models in Europe over the next three years in order to boost car sales in the continent. The company will also expand capacity at some of the plants in and around Europe in order to support the new model launches.
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| Hungary Central Bank Holds Interest Rate At 6.00% Posted: 20 Jun 2011 10:57 AM PDT The Magyar Nemzeti Bank held its benchmark base rate unchanged at 6.00% despite inflation rising above its target. The Bank said: “Inflation is likely to be above target in the short term, due to cost-push pressures stemming from the rise in commodity prices. However, owing to the disciplining effect on price and wage-setting of the persistent weakness in domestic demand and high unemployment, the 3% inflation target can be achieved at the end of 2012 by maintaining interest … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – NZD/USD Down During The U.S. Session Posted: 20 Jun 2011 10:45 AM PDT Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Monday.<br/><br/> NZD/USD was trading at 0.8097, down 0.39% at time of writing.<br/><br/> The pair was likely to find support at 0.7973, Thursday’s low, and resistance at 0.8182, Wednesday’s high.<br/><br/> Meanwhile, the New Zealand Dollar was up against the Australian Dollar and down against the Euro, with AUD/NZD shedding 0.02% to hit 1.3066 and EUR/NZD rising … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Label Expansion For CELG’s Istodax Posted: 20 Jun 2011 10:40 AM PDT Recently, the US Food and Drug Administration (FDA) delivered a boost to Celgene Corporation (NASDAQ:CELG) by approving its cancer drug Istodax (romidepsin) for an additional indication.
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| Forex Trading: GBPUSD Falls Below The 100 Bar MA And 38.2% Retracement Posted: 20 Jun 2011 10:38 AM PDT The GBPUSD continued the decline after testing and holding resistance on the hourly chart at the 1.6218 level (see PRIOR POST). The selling continued for the pair through the 100 bar MA on the 5 minute chart and the 38.2% retracement of the move up from the low today. The fall below the level should have solicited selling interest – and it did – but the fall was short lived and market bounced back higher (see 5 minute chart below). Now with support broken and failing (on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 20 Jun 2011 10:35 AM PDT Regency Centers Corporation (REG) recently leased 2650 square feet of restaurant space in Brandon, Florida at Bloomingdale Square to Chipotle Mexican Grill, Inc (CMG). The tenant is expected to start business in the fall of 2011.
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| Posted: 20 Jun 2011 10:35 AM PDT Retail giant Wal-Mart Stores Inc. (NYSE:WMT) buys the idea "small is profitable" and gears up for opening mid-sized Walmart Market stores immediately. Management has also announced that the company plans to open 90 to 100 stores in the year ending in January and 300 by fiscal 2013, up from 185 presently.
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| Chantix Could Increase Heart Risk Posted: 20 Jun 2011 10:35 AM PDT The US Food and Drug Administration (FDA) recently announced that Pfizer's (NYSE:PFE) smoking cessation aid Chantix (varenicline) could be linked with a small, increased risk of certain cardiovascular adverse events in patients with cardiovascular disease.
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| Posted: 20 Jun 2011 10:35 AM PDT PNC Financial Services Group Inc. (NYSE:PNC) is purchasing RBC Bank (USA), the U.S. retail banking subsidiary of Royal Bank of Canada (NYSE:RY) and have signed a definitive agreement in this context. The acquisition of this RBC banking business for $3.45 billion would help PNC to expand its footprint in the Southeast markets. The purchase price of the RBC unit, which has approximately $25 billion of assets, represents $112 million discount to tangible book value.
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| Nokia Counters UK Patent Ruling Posted: 20 Jun 2011 10:35 AM PDT The leading mobile phone maker in the world, Nokia Corp. (NYSE:NOK) recently got involved in a legal tussle with German-based patent owning company IPCom in a UK High Court. IPCom alleged Nokia of infringing their two patents rights. However, the British High Court said that Nokia has not been found violating any patent rights of its existing product portfolios.
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| Euro In The Red, Rebounding From Lows Posted: 20 Jun 2011 10:30 AM PDT 06/20/11 The euro currency has taken a hit earlier this morning but has come off its lows on mounting debt crisis worries in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| “No Impact…if Greek Confidence Vote Goes As Planned” Posted: 20 Jun 2011 10:10 AM PDT 06/20/11 Sunrise Securities’ Ben Willis discusses the confidence vote for Greece, and weighs in on this week’s Fed … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Bullish For Hansen’s Monster Drinks Posted: 20 Jun 2011 10:07 AM PDT Bullish for Hansen's Monster drinks
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| A Quick Lesson On How To Identify Price Structure In Trends Posted: 20 Jun 2011 10:06 AM PDT Do you know how to quantify price structure? It's not a difficult concept at all, yet many traders miss the benefit of taking a moment to assess objective price structure in the context of a developing trend.
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| Statoil To Use Subsea Compression Posted: 20 Jun 2011 10:05 AM PDT Statoil ASA (NYSE:STO) is on track to boost its gas recovery rate at subsea wells in various fields. Accordingly, the Norwegian company plans to implement subsea compression — an advanced process for production enhancement — at the Gullfaks field, offshore Norway.
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| Forex – GBP/USD Down In U.S. Trade Posted: 20 Jun 2011 10:00 AM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Monday.<br/><br/> GBP/USD was trading at 1.6187, down 0.04% at time of writing.<br/><br/> The pair was likely to find support at 1.6079, Thursday’s low, and resistance at 1.6378, Wednesday’s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.02% to hit 0.8836 and GBP/JPY rising 0.21% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Earnings Preview: Housing Sales In Focus Posted: 20 Jun 2011 09:55 AM PDT Earnings Preview 6/17/11 Earnings season is over for the first quarter, and we are starting to see the early second quarter firms report, those with May fiscal periods. Its still very light, with a total of just 36 firms due to report. However, that includes 14 from the S&P 500. The firms reporting next week include: Adobe (NASDAQ:ADBE), Bed Bath & Beyond (NASDAQ:BBBY), ConAgra (NYSE:CAG), Discover (NYSE:DFS), Federal Express (NYSE:FDX), Oracle (NASDAQ:ORCL) and Walgreen’s (NYSE:WAG). That is a nice cross … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 20 Jun 2011 09:55 AM PDT Medical devices major St. Jude Medical (NYSE:STJ) reported that its subsidiary AGA Medical Holdings has filed new patent infringement lawsuits against Europe-based cardiac occlusion (closure) devices and vascular implants maker Occlutech.
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| Progressive Approves Share Buyback Posted: 20 Jun 2011 09:55 AM PDT To return value to its shareholders, the board of directors of The Progressive Corporation (NYSE:PGR) has authorized the company to buy back upto 75 million shares. The company is still left with 12.5 million shares as of May 31 to be bought back under the board’s June 2009 authorization.
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| European Markets Close Lower; Dax Down 0.19% Posted: 20 Jun 2011 09:55 AM PDT Forex Pros – European stocks were down after the closing bell on Monday.<br/><br/> At the close of European trade, Germany’s DAX fell 0.19%, London’s FTSE 100 shed 0.38%, France’s CAC 40 declined 0.63% and the EURO STOXX 50 was down 0.80%.<br/><br/> Meanwhile, on Wall Street, equity markets were up after the open. The Dow Jones Industrial Average was up 0.61%; the S&P 500 index gained 0.59%, while the Nasdaq 100 index climbed … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 20 Jun 2011 09:35 AM PDT Rite Aid Corporation (NYSE:RAD), the third largest retail drugstore in the U.S. based on revenues and number of stores, is scheduled to report its first-quarter financial results to be ended on May 28, 2011 before the opening bell on June 23, 2011. The current Zacks Consensus Estimate for the quarter is a loss of 12 cents a share. For the quarter under review, revenue is $6,175.0 million, according to the Zacks Consensus Estimate.
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| Posted: 20 Jun 2011 09:35 AM PDT We have recently lowered our long-term recommendation on Prologis Inc. (NYSE:PLD) – the erstwhile AMB Property Corp., from Neutral to Underperform primarily driven by macroeconomic issues that have contributed to a slower pace of recovery of the industrial real estate sector.
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| Foreclosures Continue To Slow Down Posted: 20 Jun 2011 09:35 AM PDT Last week, data released by RealtyTrac, the leading online marketplace of foreclosure properties, revealed that foreclosure filings in May dropped to the lowest level since 2006. A total of 214,927 properties were issued notices of default, auction or repossession during the month of May, which reflected a decline of 2% from the prior month and 33% from prior-year period.
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| Posted: 20 Jun 2011 09:15 AM PDT PetSmart Inc. (NASDAQ:PETM), in its attempt to optimize its shareholders' return, decided to employ its available free cash in raising its quarterly dividend while also approving a share buyback program.
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| Soft Data, Falling Revisions Ratios Posted: 20 Jun 2011 09:15 AM PDT The first quarter earnings season is done. Net income growth was 17.12%. While that is down from the extremely strong 30.9% the same 495 of the S&P 500 firms posted in the fourth quarter, it is still a very strong growth rate. Almost all of the growth slowdown is from a failure of the Financial sector to repeat the massive growth it posted in the fourth quarter. Growth excluding the Financials was 19.1%, down only slightly from the 19.8% growth posted in the fourth quarter. Before the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Sands China To Obtain New Credit Posted: 20 Jun 2011 09:15 AM PDT Sands China Ltd., a majority owned subsidiary of Las Vegas Sands Corp. (NYSE:LVS) announced that it will receive $3.5 billion in loan under a new credit facility. The unit will also have the option to raise an additional $1.0 billion of senior secured credit facilities. The transaction awaits some approvals from the Macau Government and final loan documentation.
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| Forex – EUR/USD Up At The End Of European Session Posted: 20 Jun 2011 09:00 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4319, up 0.05% at time of writing.<br/><br/> The pair was likely to find support at 1.4074, Thursday’s low, and resistance at 1.4439, Wednesday’s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.02% to hit 0.8836 and EUR/JPY rising 0.32% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: USDCAD Trades At Days Low. Support On Daily And Hourly Chart Posted: 20 Jun 2011 08:55 AM PDT The USDCAD has moved back down after a rally earilier in the day. The price for the pair is now below Friday's close at 0.9799 and is testing support on the daily and hourly charts. An old trendline support line on the daily chart that has reasserted itself after a move below last week, comes in at the 0.9783 level. The 50% retracement of last weeks range and 100 hour MA come in at the 0.97834 and 0.9781 levels respectively. This is a key level for the pair. Should … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 20 Jun 2011 08:36 AM PDT We maintain our Neutral outlook on Anadarko Petroleum Corporation (NYSE:APC) as the stock's upside potential is presently limited by the slowed drilling permits in the Gulf of Mexico and the uncertainty over Anadarko’s liability in the clean-up of the Macondo oil spill.
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| Forex Trading: GBPUSD Fails On Break Above Resistance Posted: 20 Jun 2011 08:32 AM PDT The GBPUSD rallied strongly off the low trendline support in the early London session, and moved above key resistance at the 1.6212-17 level. This break higher should have solicited additional buying interest in the pair. However, the break was quickly rejected and the price is now back below the key level.
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| Posted: 20 Jun 2011 08:31 AM PDT Alcoa Inc.(NYSE:AA) the largest U.S. aluminum producer, signed a memorandum with JSC Holding Inter-regional Distribution Grid Companies (JSC Holding IDGC), OJSC RUSNANO to set up a joint venture to develop and produce nano-coatings.
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| Posted: 20 Jun 2011 08:26 AM PDT A leading electronic parts manufacturer, Jabil Circuit Inc. (JBL) is scheduled to release its third quarter 2011 results on June 21, 2011, after the market closes.
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| Homebuilders Settle Land Dispute Posted: 20 Jun 2011 08:26 AM PDT Three of the largest homebuilders in the U.S., including Beazer Homes USA Inc. (NYSE:BZH), KB Home (NYSE:KBH) and Toll Brothers Inc. (NYSE:TOL), have decided to pay lenders up to $340 million to meet their claims and settle legal actions related to a failed housing development deal near Las Vegas.
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| KCI Launches Wound Registry Program Posted: 20 Jun 2011 08:26 AM PDT Kinetic Concepts Inc. (NYSE:KCI) recently collaborated with the Academy of Wound Technology to develop the Transcontinental Wound Registry (TWR), which is touted as the first worldwide registry on wound healing and wound care technologies. The company intends to present the pilot phase results of this TWR at the 4th Congress of World Union of Wound Healing Societies during September 2 to September 6, 2012 in Japan.
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| Posted: 20 Jun 2011 08:26 AM PDT Johnson & Johnson (NYSE:JNJ) recently announced that it is voluntarily recalling one lot of Risperdal (risperidone) and one lot of a 2mg generic version of the product. The recalls were based on reports regarding an uncharacteristic odor, which could have been caused by trace amounts of TBA (2,4,6 tribromoanisole). The recalls were announced in the US and Puerto Rico.
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| Another Reason For Companies To Leave California Posted: 20 Jun 2011 08:12 AM PDT Last week I posted about the record number of companies leaving California (5.4 per week this year), and here’s an AP news story “Wave of Lawsuits Over Seats Hit Retail Stores,” about a recent development that might give companies in the Golden State even more incentive to leave (or not move there in the first place, or not expand operations there): “Enterprising trial attorneys by the dozen are using an obscure California labor law requiring retailers such as such as Wal-Mart, Home Depot and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Word From The Floor: US Stocks Turn Higher, Greece Delays Emergency Loans Posted: 20 Jun 2011 07:58 AM PDT 06/20/11 Wall Street came off weakness at the open, as Greece remained in the spotlight. Euro-zone finance ministers postponed a decision to extend loans to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: EURUSD Pushes To The Next Target At 1.4311-19 Posted: 20 Jun 2011 07:57 AM PDT The EURUSD has pushed to the next target at the 1.4311-19 level (the high has extended to 1.4326 but has rotated back down – SEE PRIOR POST). The pair moved above the 100 hour MA near the opening of the NY session after staying below the moving average for nearly the entire day. The move above, increased the bullish bias and that momentum has continued. We should find some profit takers against the level. ON the downside the 1.4282-90 level will be a target. A move below … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Natural Gas Futures Ease Off 3-week Low On Bargain Buying Posted: 20 Jun 2011 07:52 AM PDT Forex Pros – Natural gas futures were up for the first time in three days on Monday, easing off a three-week low, as the previous week’s steep decline created bargain buying opportunities for investors.<br /><br />On the New York Mercantile Exchange, natural gas futures for July delivery traded at USD4.356 per million British thermal units during U.S. morning trade, gaining 0.37%. <br /><br />It earlier fell to USD4.279 per million British thermal units, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – Dollar Trims Gains Vs. Rivals As Euro Finds Support Posted: 20 Jun 2011 07:45 AM PDT Forex Pros – The U.S. dollar trimmed gains against most of its major counterparts on Monday, as the euro found support after euro zone officials said the lending capacity of the region’s bailout fund was to be enlarged.<br /><br />During early U.S. trade, the greenback was slightly lower against the euro, with EUR/USD easing up 0.06% to hit 1.4318.<br /><br />On Sunday, finance ministers from the 17-nation single currency bloc said that a new bailout package … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Crude Deciine Continues On Greece Worries Posted: 20 Jun 2011 02:40 AM PDT 06/20/11 A failure to agreeon releasing a bailout loan to Greece over the weekend has helped pave the way for front month crude prices to fall once again to tart the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 20 Jun 2011 07:30 AM PDT A Luxembourg meeting of European financial ministers concluded with the area-chief Jean-Claude Juncker telling reporters that his colleagues "forcefully remind the Greek government to fulfill its commitments." Concerns grew over sovereign default as investors wondered just how willing the people of Athens might be in putting themselves through the further pain of austerity.
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| Gold Futures Edge Higher On Greece Uncertainty Posted: 20 Jun 2011 07:28 AM PDT Forex Pros – Gold futures edged higher on Monday, after euro zone finance ministers delayed a final decision on an emergency bailout package for Greece until July, while the dollar pared gains against its major counterparts. <br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,544.35 a troy ounce during U.S. morning trade, gaining … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – GBP/USD Erases Losses As Risk Aversion Eases Posted: 20 Jun 2011 07:27 AM PDT Forex Pros – The pound erased losses against the U.S. dollar on Monday, rising to a two-day high as risk aversion eased after euro zone officials said the lending capacity of the region’s bailout fund was to be boosted.<br /><br />GBP/USD pulled back up from a daily low of 1.6110, to hit 1.6204 during early U.S. trade, easing up 0.05%.<br /><br />Cable was likely to find short-term support at 1.6077, last Thursday’s low and an almost one-month low … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: USD/CHF Turns Toward Bearish Trend Continuation Posted: 20 Jun 2011 07:21 AM PDT USD/CHF (daily chart) as of Monday (6/20/2011) has completed yet another bullish retracement within the context of a steep bearish trend that has been in place for over a year, since the June 2010 1.1730 area high. This retracement brought price action back up to the key 0.8550 resistance (prior support) before turning back down. Prior to this bullish retracement, price had reached its downside target around 0.8325 (the new all-time low), which represented the 161.8% Fibonacci extension of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/USD Pares Losses As Euro Zone Boosts Bailout Fund Posted: 20 Jun 2011 07:17 AM PDT Forex Pros – The euro pared losses against the U.S. dollar on Monday, after euro zone officials said the lending capacity of the region’s bailout fund, the European Financial Stability Facility was to be increased.<br /><br />EUR/USD pulled away from 1.4192, the daily low, to hit 1.4303 during early U.S. trade, down just 0.04% on the day.<br /><br />The pair was likely to find support at 1.4072, last Thursday’s low and a three-week low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 20 Jun 2011 01:15 AM PDT 06/20/11 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
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| JD Sports Expands European Base With Sprinter And Cecil Gee Deals Posted: 20 Jun 2011 02:12 AM PDT JD Sports Fashion (LON:JD.), the FTSE 250 sports and fashion retailer, has spent €20.0 million (£17.6 million) on a deal that gives it a 51.1% stake in the Sprinter group of companies in Spain. Sprinter is one of the country's leading sports retailers and sells footwear, apparel, accessories and equipment for a wide range of sports as well as some lifestyle casual wear including childrenswear. The company is based in Elche in south-east Spain and currently has 47 stores primarily based in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Digital Barriers Expands Homeland Security Portfolio With Zimiti Acquisition Posted: 20 Jun 2011 01:37 AM PDT Digital Barriers (LON:DGB), the AIM listed homeland security business, has expanded its technological capabilities with the acquisition of Zimiti Ltd for an initial £1.5 million. The move gives Digital Barriers access to Zimiti's Unattended Ground Sensor (UGS) technology, which is used in a range of surveillance and protective applications across both the defence and security sectors, and are particularly effective in remote or hostile locations. Digital Barriers said the international … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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