DailyMarkets.com - Forex – GBP/JPY Down During The Asian Session
DailyMarkets.com - Forex – GBP/JPY Down During The Asian Session |
- Forex – GBP/JPY Down During The Asian Session
- Forex – EUR/USD Down In Asian Trade
- Of Snake Oil, Puff Balls, And The Need For A Real Jobs Plan From The President
- Forex – USD/JPY Down During Asian Trade
- I’ve Got A Bridge To Sell You
- NYC Parks To Get Free Wi-Fi
- Forex – NZD/USD Up In Asian Trade
- Hot Option Plays: Energy Stocks Showing Weakness
- Masimo Pronto-7 Wins MDEA Gold
- Delta-Virgin JV Gets Final Nod
- Statoil Wins Visund Growth Consent
- Stock Trade Ideas For Tuesday, June 14
- U.S. Manufacturing Profits Set New Record In Q1
- Best Lithium Battery Stock You’ve Never Heard Of
- Best Lithium Battery Stock You’ve Never Heard Of
- JetBlue Traffic Ups In May
- Skyworks Acquires SiGe Semi
- Valspar Raises Prices
- Closing Bell Market Monitor: ELMG, VFC, WEN, TRH
- Forex – EUR/USD Up At The End Of U.S. Session
- Constellation Reiterated At Neutral
- Forex – USD/JPY Down Toward The End Of U.S. Session
- CytRx Reports Positive Phase II Preliminary Results
- Invesco’s AUM Dips In May (revised)
- Mixed Data On Acorda’s Ampyra
- Ryder Announces New Credit Line
- Forex – EUR/USD Up Toward The End Of U.S. Session
- U.S. Markets Close Higher; Dow Jones Up 0.01%
- Grainger Reports May Sales
- Cosan Upgraded To Neutral
- AutoZone Remains Neutral
- Legg Mason’s May AUM Inches Down (revised)
- Forex – GBP/USD Up During The U.S. Session
- First Solar Reaches 4 GW Target
- Forex – USD/CAD Down In U.S. Trade
- Toys ‘R’ Us Loss Widens
- Ameren Reaffirmed At Neutral
- Immucor’s CEO Steps Down
- GM To Invest In Indiana Plant
- Forex – EUR/USD Up In U.S. Trading Hours
- EUR/USD Supported At 1.43 After Extended 5-Wave Decline
- Healthways: US Well-Being Mired
- Will Peru Determine The Future Of Copper Prices?
- NiSource Unit Offers $400M Notes
- Luminex In E. Coli Management
- Simon Ppy Mulls Chinese Outlets
- Hot Option Plays: Market Needs Spinach
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- Hot Option Plays: Know Thyself
- Forex – AUD/USD Up In U.S. Trade
- Momentum Stock: Hibbett Sporting Goods, Inc.
- CenterPoint Faces Texas Bottleneck
- Citi Unit To Buy Ness Technologies
- NCR Launches Cloud Service
- Mauritius Central Bank Raises Interest Rate 25bps To 5.50%
- Dollar Volatile, Gives Up Early Gains
- Forex – NZD/USD Down During The U.S. Session
- A New BJ’s Restaurant In California
- Ford, Sollers Enter Russian JV
- Risk-Reward Balanced At Bayer
- Incyte Gives Lead Candidate Data
- IDEX Corp. Acquires Melles Griot
- Regal Beloit Acquires AFMC
- Oil Discovery Drives Demand For Harvest Natural Resources Call Options
- Forex Trading: EUR/USD Plummet Pulls Back Around 50% Retracement, Still Bearish
- European Markets Mixed At Close; Dax Up 0.22%
- Wendy’s Agrees To Sell Its Arby’s Brand
- Faroe Petroleum Disappointed By Results Of Lagavulin Exploration Well
- Searching For The Market’s “Sweet Spot”
| Forex – GBP/JPY Down During The Asian Session Posted: 13 Jun 2011 05:45 PM PDT Forex Pros – The British Pound was lower against the Japanese Yen on Tuesday.<br/><br/> GBP/JPY was trading at 131.14, down 0.18% at time of writing.<br/><br/> The pair was likely to find support at 129.79, Friday’s low, and resistance at 131.97, Thursday’s high.<br/><br/> Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.08% to hit 1.6360 and EUR/GBP falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/USD Down In Asian Trade Posted: 13 Jun 2011 05:05 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4409, down 0.02% at time of writing.<br/><br/> The pair was likely to find support at 1.4322, Monday’s low, and resistance at 1.4646, Thursday’s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.01% to hit 0.8804 and EUR/JPY falling 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Of Snake Oil, Puff Balls, And The Need For A Real Jobs Plan From The President Posted: 13 Jun 2011 04:18 PM PDT Today the President met with business leaders on his "jobs and competitiveness council," who suggested more public-private partnerships to train workers, less government red-tape in obtaining permits, and more jobs in travel and tourism, among other things. The President then toured a manufacturing plant in North Carolina, and made an eloquent speech about the need for more jobs.
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| Forex – USD/JPY Down During Asian Trade Posted: 13 Jun 2011 04:15 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Monday.<br/><br/> USD/JPY was trading at 80.16, down 0.10% at time of writing.<br/><br/> The pair was likely to find support at 79.70, Wednesday’s low, and resistance at 80.69, today’s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.03% to hit 1.4409 and GBP/USD falling 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 13 Jun 2011 04:00 PM PDT Have you ever been in a situation in which you needed to quickly identify a vehicle?
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| Posted: 13 Jun 2011 03:57 PM PDT 06/13/11 The NYC Parks Department and AT&T will bring free Wi-Fi hotspots to parks throughout the five … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – NZD/USD Up In Asian Trade Posted: 13 Jun 2011 03:35 PM PDT Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Monday.<br/><br/> NZD/USD was trading at 0.8168, up 0.17% at time of writing.<br/><br/> The pair was likely to find support at 0.8116, today’s low, and resistance at 0.8301, Thursday’s high.<br/><br/> Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.06% to hit 1.2992 and EUR/NZD falling 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Hot Option Plays: Energy Stocks Showing Weakness Posted: 13 Jun 2011 03:17 PM PDT Cusick’s Corner
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| Masimo Pronto-7 Wins MDEA Gold Posted: 13 Jun 2011 03:05 PM PDT Masimo Corp (NASDAQ:MASI), a leader in the pulse oximetry (a measurement of the amount of oxygen attached to the hemoglobin) monitoring equipment market, recently received the prestigious Medical Design Excellence Award ("MDEA") for its Pronto-7 testing device.
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| Delta-Virgin JV Gets Final Nod Posted: 13 Jun 2011 03:05 PM PDT The trans-Pacific alliance between the second largest U.S. airline Delta Air Lines Inc. (NYSE:DAL) and Virgin Australia Airlines received approval from the Department of Transportation (DOT).
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| Statoil Wins Visund Growth Consent Posted: 13 Jun 2011 02:47 PM PDT Statoil ASA (NYSE:STO) has received approval from the Norwegian Ministry of Petroleum and Energy for the development of its Visund South oil field in the northern part of the North Sea. The Visund venture pioneers the company's fast-track development project.
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| Stock Trade Ideas For Tuesday, June 14 Posted: 13 Jun 2011 02:45 PM PDT ( click to enlarge ) Zagg Inc (ZAGG) rallied another 5% on heavy volume. The stock hit a high of $12.50, which is now resistance for Tuesday's continuation move. ( click to enlarge ) THQ Inc. (NASDAQ:THQI) held up well in the weak market. Short term, I’m looking for a bounce on THQI, and if we see a strong bounce then I’ll be looking at the daily THQI 20 and 50 SMAs as possible bounce targets. Despite the weak signal from MACD in the technical chart as MACD and signal line are … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| U.S. Manufacturing Profits Set New Record In Q1 Posted: 13 Jun 2011 02:35 PM PDT In another sign of a strong economic recovery in the manufacturing sector, the after-tax profits of U.S. manufacturing corporations reached a record-high $144.5 billion in the first quarter of 2011, according to data released today by the Census Bureau. Adjusted for inflation, first quarter profits this year were 6.6% ahead of the previous quarter, and 28.7% ahead of a year earlier. Compared to the pre-recession level of $124.1 billion in the fourth quarter of 2007, manufacturing profits … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Best Lithium Battery Stock You’ve Never Heard Of Posted: 13 Jun 2011 02:25 PM PDT Hybrid and electric cars seem like they should be the investment opportunity of the decade, right? Last week, I was inspired to review the case for natural gas-driven trucks and cars after Steve Reitmeister’s visit to the White House where energy alternatives were discussed.
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| Best Lithium Battery Stock You’ve Never Heard Of Posted: 13 Jun 2011 02:25 PM PDT Hybrid and electric cars seem like they should be the investment opportunity of the decade, right? Last week, I was inspired to review the case for natural gas-driven trucks and cars after Steve Reitmeister’s visit to the White House where energy alternatives were discussed.
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| Posted: 13 Jun 2011 02:25 PM PDT Discount U.S. airline JetBlue Airways Corporation (NASDAQ:JBLU) reported a 10.6% year-over-year traffic increase in May 2011. Airline traffic is measured in billions of revenue passenger miles, which implies one mile flown by one passenger.
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| Posted: 13 Jun 2011 02:05 PM PDT Skyworks Solutions, Inc. (NASDAQ:SWKS) recently closed its previously announced acquisition of SiGe Semiconductor, Inc. Skyworks paid $210 million in cash. Additionally, the company agreed to pay $65 million on achievement of certain milestones.
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| Posted: 13 Jun 2011 02:05 PM PDT The Valspar Corporation (NYSE:VAL) announced an increase in the price of its North America Wood Coatings Products effective July 1, 2011. The price increase is attributable to the increasing raw material prices and is a measure taken to offset this. The prices of the products will increase by up to 10% depending on the type of the product.
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| Closing Bell Market Monitor: ELMG, VFC, WEN, TRH Posted: 13 Jun 2011 02:00 PM PDT 06/13/11 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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| Forex – EUR/USD Up At The End Of U.S. Session Posted: 13 Jun 2011 01:55 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4412, up 0.45% at time of writing.<br/><br/> The pair was likely to find support at 1.4322, Monday’s low, and resistance at 1.4690, Wednesday’s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.45% to hit 0.8802 and EUR/JPY rising 0.33% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Constellation Reiterated At Neutral Posted: 13 Jun 2011 01:40 PM PDT Constellation Energy's (NYSE:CEG) merchant energy business provides a relatively stable and growing earnings stream through wholesale energy-related products and services. The company has a diversified fleet of power generating units, strong balance sheet compared to its peers and the synergies from the Exelon Corporation (NYSE:EXC) merger, which are among the other positives.
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| Forex – USD/JPY Down Toward The End Of U.S. Session Posted: 13 Jun 2011 01:40 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Monday.<br/><br/> USD/JPY was trading at 80.22, down 0.14% at time of writing.<br/><br/> The pair was likely to find support at 79.70, Wednesday’s low, and resistance at 80.69, today’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.44% to hit 1.4411 and GBP/USD rising 0.91% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| CytRx Reports Positive Phase II Preliminary Results Posted: 13 Jun 2011 01:35 PM PDT Grant Zeng, CFA On June 13, 2011, CytRx Corporation (CYTR) announced preliminary positive results from its ENABLE Phase II proof-of-concept trial of bafetinib for the treatment of B-cell chronic lymphocytic leukemia (B-CLL). As a reminder, in May 2010, CytRx initiated a Phase II proof-of-concept clinical trial (ENABLE) with bafetinib as a second line treatment for B-CLL due to the potent and specific inhibitory properties of bafetinib … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Invesco’s AUM Dips In May (revised) Posted: 13 Jun 2011 01:35 PM PDT On Thursday, Invesco Ltd. (NYSE:IVZ) announced its monthly performance report for May 2011. As per the report, Invesco recorded preliminary assets under management (AUM) of $661.4 billion at the end of the May, slipping 1.1% from $668.6 billion at the end of April 2011. The AUM decline was mainly attributable to net outflows principally in the PowerShares QQQ exchange traded funds (ETFs), negative foreign exchange and negative market returns. Invesco's preliminary AUM, excluding ETFs, Unit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 13 Jun 2011 01:35 PM PDT Acorda Therapeutics, Inc. (NASDAQ:ACOR) recently reported an analysis of data on Ampyra (dalfampridine) at the Consortium of Multiple Sclerosis Centers (CMSC) annual meeting. The analysis demonstrated improvements in walking ability of patients on Ampyra as measured by patient self-report on the 12-Item Multiple Sclerosis Walking Scale (MSWS-12).
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| Ryder Announces New Credit Line Posted: 13 Jun 2011 01:35 PM PDT Ryder System Inc. (NYSE:R), the world’s largest provider of integrated logistics and transportation solutions, announced a new five-year revolving credit line of $900 million, expiring in June 2016.
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| Forex – EUR/USD Up Toward The End Of U.S. Session Posted: 13 Jun 2011 01:25 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4409, up 0.43% at time of writing.<br/><br/> The pair was likely to find support at 1.4322, Monday’s low, and resistance at 1.4690, Wednesday’s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.47% to hit 0.8800 and EUR/JPY rising 0.26% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| U.S. Markets Close Higher; Dow Jones Up 0.01% Posted: 13 Jun 2011 01:10 PM PDT Forex Pros – U.S. stocks were up after the closing bell on Monday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average rose 0.01%, the S&P 500 index gained 0.07%, while the Nasdaq 100 index climbed 0.05%.<br/><br/> Meanwhile, across the Atlantic, European stock markets were mixed at close. France’s CAC 40 was up 0.07%; Germany’s DAX gained 0.22%; Britain’s FTSE 100 declined 1.42%; and the EURO STOXX 50 rose … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 13 Jun 2011 01:06 PM PDT W.W. Grainger Inc. (NYSE:GWW) recently reported sales for the month of May. Daily sales in the month increased 11% on the year-over-year basis. These results include a 1% contribution from acquisition and 2% from foreign exchange.
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| Posted: 13 Jun 2011 12:55 PM PDT We recently upgraded Cosan Limited (NYSE:CZZ), the largest sugar and ethanol producer in Brazil, to a Neutral recommendation. The stock was previously rated Underperform.
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| Posted: 13 Jun 2011 12:55 PM PDT We reiterate our Neutral recommendation on AutoZone Inc. (NYSE:AZO), which is one of the nation's leading specialty retailers of automotive replacement parts and accessories, operating in the Do-It-Yourself (DIY) retail, Do-It-for-Me (DIFM) commercial and other customer markets.
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| Legg Mason’s May AUM Inches Down (revised) Posted: 13 Jun 2011 12:55 PM PDT Baltimore-based Legg Mason Inc. (NYSE:LM) experienced a decline in its assets under management (AUM) in May on a sequential basis. This was preceded by a slight decline in April, but a modest increase in March AUM. Preliminary month-end AUM came in at $671.0 billion, down 0.1% from $672.0 billion at the end of April. Fixed income and liquidity AUM grew sequentially during the month, while equity AUM plummeted. Legg Mason's equity AUM in April inched down 2.0% from the prior month to $187.4 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – GBP/USD Up During The U.S. Session Posted: 13 Jun 2011 12:45 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Monday.<br/><br/> GBP/USD was trading at 1.6382, up 0.95% at time of writing.<br/><br/> The pair was likely to find support at 1.6216, Friday’s low, and resistance at 1.6466, Thursday’s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.49% to hit 0.8799 and GBP/JPY rising 0.78% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| First Solar Reaches 4 GW Target Posted: 13 Jun 2011 12:35 PM PDT Solar planes maker First Solar Inc. (NASDAQ:FSLR) announced that till date it has manufactured 4 GW of thin-film photovoltaic solar modules ever since the beginning of commercial production in 2002. A 4 GW generation capacity is enough solar electricity to power around two million households, displacing more than 2.5 million metric tons of carbon-dioxide emissions annually.
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| Forex – USD/CAD Down In U.S. Trade Posted: 13 Jun 2011 12:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Monday.<br/><br/> USD/CAD was trading at 0.9769, down 0.30% at time of writing.<br/><br/> The pair was likely to find support at 0.9713, Friday’s low, and resistance at 0.9821, Wednesday’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.43% to hit 1.4410 and GBP/USD rising 0.85% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 13 Jun 2011 12:05 PM PDT Toys 'R' Us – a leading global retailer of dedicated toys and baby products, has reported a fiscal 2011 first quarter loss of $67 million compared to a loss of $55 million in the year-earlier quarter. The increase in quarterly loss was primarily driven by higher operating expenses and lower same-store sales, partially offset by an increase in net sales driven by positive contributions from new locations and a foreign-currency benefit.
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| Posted: 13 Jun 2011 12:05 PM PDT Ameren Corporation (NYSE:AEE) is an integrated utility headquartered in St. Louis, Missouri. The company's stable and regulated electric power operations in the Midwestern market generate a relatively stable and growing earnings stream.
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| Posted: 13 Jun 2011 12:05 PM PDT Yesterday, Immucor (NASDAQ:BLUD) announced that Dr. Gioacchino De Chirico has resigned as a President, CEO and a director of the company. He will be replaced by Joshua H. Levine with immediate effect. However, Dr. De Chirico, who has been with Immucor for the last 18 years, will remain with the company till June 2012 to ensure a smooth transition.
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| Posted: 13 Jun 2011 12:05 PM PDT General Motors Co. (NYSE:GM) announced that it will invest $49 million for tooling and equipment of its powertrain plant in Bedford, Massachusetts. The investment will support production of 8-speed transmission and a small engine in the future at the plant. It will create or retain 91 jobs.
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| Forex – EUR/USD Up In U.S. Trading Hours Posted: 13 Jun 2011 11:45 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4420, up 0.50% at time of writing.<br/><br/> The pair was likely to find support at 1.4322, Monday’s low, and resistance at 1.4690, Wednesday’s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.42% to hit 0.8805 and EUR/JPY rising 0.36% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| EUR/USD Supported At 1.43 After Extended 5-Wave Decline Posted: 13 Jun 2011 11:40 AM PDT EUR/USD to Complete wave A in a Correction (6/10) Short to Medium-Term- The EUR/USD indeed found support above the 1.43 level in an important support cluster.
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| Healthways: US Well-Being Mired Posted: 13 Jun 2011 11:35 AM PDT Healthways (NASDAQ:HWAY) and Gallup recently announced the results of the monthly Gallup-Healthways Well-Being Index ("WBI") Report for May 2011.The overarching WBI measure remained on the lower side at 66.5, relatively unchanged from 66.2 recorded in April.
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| Will Peru Determine The Future Of Copper Prices? Posted: 13 Jun 2011 11:33 AM PDT Will Peru Determine The Future of Copper Prices? The bears say that demand in China is slowing and that supplies are plentiful… Meanwhile, the bulls point to steady demand from China. They also point to those in the industry who say that supplies are dwindling due to a lack of big discoveries and the lower quality of the ore being mined … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| NiSource Unit Offers $400M Notes Posted: 13 Jun 2011 11:25 AM PDT NiSource Inc. (NYSE:NI) announced that its subsidiary NiSource Finance Corp. has sold $400 million worth of notes yielding 5.95% interest per year and maturing on June 15, 2041. The notes were offered at $99.693 (per $100.00 principal).
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| Posted: 13 Jun 2011 11:25 AM PDT Luminex Corporation (NASDAQ:LMNX), a developer of biological testing technologies, recently reported that its new xTAG Gastrointestinal Pathogen Panel ("GPP") test has been successfully used at German hospital, Kliniken der Stadt Koln, as a first-line screen for patients suspected of having the Escherichia coli (E. coli) infection.
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| Simon Ppy Mulls Chinese Outlets Posted: 13 Jun 2011 11:25 AM PDT According to the latest industry buzz, Simon Property Group Inc. (NYSE:SPG), a leading real estate investment trust (REIT), is likely to expand its Premium Outlet Center business in China to capitalize on the premium shopping frenzy spurred by an improvement in market fundamentals.
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| Hot Option Plays: Market Needs Spinach Posted: 13 Jun 2011 11:18 AM PDT Cusick’s Corner
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| Posted: 13 Jun 2011 11:18 AM PDT Cusick’s Corner
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| Hot Option Plays: Dollar Strength Dips The Market Posted: 13 Jun 2011 11:18 AM PDT Cusick’s Corner
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| Hot Option Plays: Know Thyself Posted: 13 Jun 2011 11:18 AM PDT Cusick’s Corner
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| Forex – AUD/USD Up In U.S. Trade Posted: 13 Jun 2011 11:15 AM PDT Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Monday.<br/><br/> AUD/USD was trading at 1.0612, up 0.71% at time of writing.<br/><br/> The pair was likely to find support at 1.0526, Monday’s low, and resistance at 1.0711, Wednesday’s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.23% to hit 1.3586 and AUD/JPY rising 0.53% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Momentum Stock: Hibbett Sporting Goods, Inc. Posted: 13 Jun 2011 11:04 AM PDT Hibbett Sporting Goods, Inc. (NASDAQ:HIBB) recently hit a new multi-year high at after reporting a solid Q1 earnings surprise of 12%. Estimates have since moved higher, providing more support and momentum for this Zacks #1 rank stock.
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| CenterPoint Faces Texas Bottleneck Posted: 13 Jun 2011 11:04 AM PDT CenterPoint Energy Inc. (NYSE:CNP) announced that the Texas Supreme Court has denied all motions for rehearing in its true-up appeal. The appeal is related to the electric restructuring law in Texas.
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| Citi Unit To Buy Ness Technologies Posted: 13 Jun 2011 11:04 AM PDT Citigroup Inc.'s (NYSE:C) venture capital unit is set to acquire Ness Technologies Inc. (NASDAQ:NSTC). The companies have entered into a definitive merger agreement in this context. Under the agreement, an affiliate of Citi Venture Capital International will pay $7.75 per share in cash in a transaction valued at about $307 million. This purchase price represents a 16% premium to the closing price of Ness Technologies' stock on Friday.
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| Posted: 13 Jun 2011 11:04 AM PDT NCR Corporation (NCR), a leading technology and solutions provider for the retail and financial services industry, is currently trying to expand in the cloud computing market.
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| Mauritius Central Bank Raises Interest Rate 25bps To 5.50% Posted: 13 Jun 2011 10:52 AM PDT The Bank of Mauritius raised its repo rate by 25 basis points to 5.50% from 5.25% due to rising inflation. The bank said: ”MPC members felt that, with the output gap nearing zero and underlying inflationary pressure not showing signs of abating, the process of normalizing the key repo rate should be continued,” …”The MPC considered it important to prevent the high consumer price inflation from generating second-round effects.” Previously the Bank of Mauritius raised its … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Dollar Volatile, Gives Up Early Gains Posted: 13 Jun 2011 10:45 AM PDT 06/13/11 The US dollar gave up some early gains this afternoon following the ECB President Jean-Claude Trichet opposing any moves to get private sector investors involved in a bailout for … [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: 13 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 0.8132, down 1.02% at time of writing.<br/><br/> The pair was likely to find support at 0.8116, today’s low, and resistance at 0.8301, Thursday’s high.<br/><br/> Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 1.25% to hit 1.2988 and EUR/NZD rising 1.25% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| A New BJ’s Restaurant In California Posted: 13 Jun 2011 10:40 AM PDT BJ's Restaurants Inc. (NASDAQ:BJRI) recently announced the opening of a new unit in Westfield Century City Mall, California. This is the fourth of the company's targeted 12 to 13 new openings for fiscal 2011.
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| Ford, Sollers Enter Russian JV Posted: 13 Jun 2011 10:35 AM PDT Ford Motor Co. (NYSE:F) has finalized a deal with Russian automaker Sollers to form a 50/50 joint venture (JV), initially announced in February this year. The Ford Sollers JV will manufacture and sell cars and commercial vehicles (including the Ford Transit van) in Russia.
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| Posted: 13 Jun 2011 10:35 AM PDT We are maintaining our Neutral recommendation on Germany's Bayer (BAYRY) with a target price of $86.00.
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| Incyte Gives Lead Candidate Data Posted: 13 Jun 2011 10:35 AM PDT Recently, Incyte Corporation (NASDAQ:INCY) presented additional data from a late-stage study (n=309) of its lead pipeline candidate INC424 (ruxolitinib) for treating patients suffering from myelofibrosis (MF), a rare bone marrow disorder. Data from the study, COMFORT- I, were presented at a conference of the European Hematology Association.
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| IDEX Corp. Acquires Melles Griot Posted: 13 Jun 2011 10:35 AM PDT IDEX Corporation (NYSE:IEX) recently closed the acquisition of Mexico-based CVI Melles Griot. In early May, IDEX Corporation agreed to acquire CVI Melles Griot from equity investment firm Norwest Equity Partners for about $400 million.
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| Posted: 13 Jun 2011 10:35 AM PDT Regal Beloit Corporation (NYSE:RBC) announced that it has acquired Melbourne-based Australian Fan and Motor Company (AFMC). The financial terms of the transaction were not disclosed.
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| Oil Discovery Drives Demand For Harvest Natural Resources Call Options Posted: 13 Jun 2011 10:17 AM PDT Oil discovery drives demand for Harvest Natural Resources call options
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| Forex Trading: EUR/USD Plummet Pulls Back Around 50% Retracement, Still Bearish Posted: 13 Jun 2011 09:59 AM PDT EUR/USD (daily chart) as of Monday (6/13/2011) has pulled back after dropping precipitously for three consecutive days last week from the 1.4700 area highs. This bullish pullback occurs after a low of 1.4320 was hit, which is just under the 50% Fibonacci retracement level of the last major bullish run (from the lows around 1.4000 to the highs around 1.4700). Despite this pullback, the directional bias on EUR/USD continues to be to the downside in line with the trendline breakdown and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| European Markets Mixed At Close; Dax Up 0.22% Posted: 13 Jun 2011 09:55 AM PDT Forex Pros – European stocks were mixed after the closing bell on Monday.<br/><br/> At the close of European trade, Germany’s DAX rose 0.22%, London’s FTSE 100 shed 1.42%, France’s CAC 40 climbed 0.07% and the EURO STOXX 50 was up 0.05%.<br/><br/> Meanwhile, on Wall Street, equity markets were mixed after the open. The Dow Jones Industrial Average was up 0.05%; the S&P 500 index shed 0.03%, while the Nasdaq 100 index declined … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Wendy’s Agrees To Sell Its Arby’s Brand Posted: 13 Jun 2011 09:15 AM PDT 06/13/11 The Wendy’s/Arby’s Group Inc. announced Monday that it has reached a deal to sell its Arby’s brand to a private equity … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Faroe Petroleum Disappointed By Results Of Lagavulin Exploration Well Posted: 13 Jun 2011 03:27 AM PDT Shares in oil and gas group Faroe Petroleum (LON:FPM) fell by nearly 20p to 150.25p during trading this morning on news that its Lagavulin exploration well was set to be plugged and abandoned after failing to find a workable reservoir. While the Chevron-operated well, drilled in acreage to the west of Shetland, did find a working petroleum system, it failed to live up to the successes of Faroe's Glenlivet and Tornado discoveries made in the region during 2008. Faroe holds a 10% stake in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Searching For The Market’s “Sweet Spot” Posted: 12 Jun 2011 10:00 PM PDT This piece was written by John Derrick, director of research and co-manager of the Holmes Growth Fund (ACBGX)
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