DailyMarkets.com - Forex – USD/JPY Down On Economic Data
DailyMarkets.com - Forex – USD/JPY Down On Economic Data |
- Forex – USD/JPY Down On Economic Data
- Japan’s Retail Sales Fall Less-than-expected
- Forex – EUR/USD Up In Asian Trade
- Hot Option Plays: Sectors To Watch
- Forex – USD/JPY Down During Asian Trade
- AT&T To Roll Out CDN Services
- AT&T To Roll Out CDN Services
- US Gas Prices Fall At The Pump
- RBS Boosts Chinese Investment
- Cepheid Targets Infectious Diseases
- Shire To Produce More Replagal
- Forex – NZD/USD Up In Asian Trade
- Stock Picks For Tuesday, June 27
- The Day Ahead: S&P Case-Shiller Home Price Index, Conference Board’s Consumer Confidence, UK GDP, German GfK Consumer Confidence
- Foster Wheeler Wins Contract
- Campbell Rewards Shareholders
- Brookfield Sells Assets
- Philip Morris Fights Aussie Crackdown
- Interesting Pattern Repetition To Monitor In Gold
- Apple Sues Samsung In S. Korea
- NCR Selected By Anheuser Busch
- CBB To Offer Energy Services
- Will The Market Be Sideways For Awhile?
- Anatomy Of Naked Put Trades
- AthenaHealth Buys Maine Facility
- CMS Energy Goes Green In Michigan
- Closing Bell Market Monitor: CNU, SWK, MSFT
- Forex – EUR/USD Up At The End Of U.S. Session
- Forex – USD/JPY Up Toward The End Of U.S. Session
- PEG To Sell Texas Power Plant
- EA Latest Prey Of Cyber Attack
- Nissan Sees A Droopy Year
- Hacked Citi Customers Lose $2.7M
- Forex – EUR/USD Up Toward The End Of U.S. Session
- U.S. Markets Close Higher; Dow Jones Up 0.91%
- Still Bearish On Sunoco
- NYSE Reconciles With Investors
- Forex – GBP/USD Up During The U.S. Session
- SOLD DAG – $12.78
- UnitedHealth Takes DoD To Court
- Ford China Breaking New Ground
- Forex – USD/CHF Up In U.S. Trading Hours
- Hot Option Plays: Window Dressing
- Favorable Opinion For Baxter Drug
- BioMarin To Buy Pfizer Plant
- Neutral On PPG Industries
- Forex – USD/CAD Down In U.S. Trade
- Orders Flow For ABB
- Sears Spins Off Hardware Chain
- BSD Medical Makes Classic Pact
- How Big U.S. Companies Would Rank As Countries
- Forex Trading: EURUSD Stops! The 100 And 200 Hour MA Contain The Price
- Forex – EUR/USD Up In U.S. Trading Hours
- Vornado’s Share In Toys ‘R’ Us Loss
- Outlook Gloomy For Universal Forest
- EIA Reports Hefty Nat Gas Build
- Medtronic Actively Checks Diabetes
- Fitch Upgrades FR’s Credit Rating
- Monster Launches BeKnown
- Forex – AUD/USD Down In U.S. Trade
- Shell Gets Carbon Capture Aid
- Forex Trading: USDJPY Tests 50% Of Range Since May At 80.96. The 81.05 Is The Next Target
- Basel Wants Big Banks To Store More
- NRG, ProLogis’ New Solar Venture
- United Sees Slow Rev Growth In Q2
- Action Date For Endo Pharma Drug
- Forex – NZD/USD Down During The U.S. Session
- Autoliv Remains Neutral
- Another Bank Failure, Tally Hits 48
- Yahoo-Alipay Settlement In Progress
- COPEL Downgraded To Neutral
- Personal Income Up Just 0.3% In May
- Moody’s Upgrades Prudential
- Earnings Preview: Darden
- Options Strategy Suggests Yahoo! May Be Next Comeback Kid
- “Entire World Is Nervous…watch And Be Careful”
- Bank Of Israel Holds Benchmark Rate At 3.25%
- Risk Appetite Returns, Euro Rises
- Forex – GBP/USD Up In U.S. Trade
- European Markets Mixed At Close; Dax Down 0.19%
- Chinese Local Government Debt Touches $1.6 Trillion
- Chinese Local Government Debt Touches $1.6 Trillion
- Immunodiagnostic Systems Sees Profits Surge And Secures FDA Clearance For New Automated Assays
- Playing Cat And Mouse With Global Oil
| Forex – USD/JPY Down On Economic Data Posted: 27 Jun 2011 05:10 PM PDT Forex Pros – pros – The U.S. Dollar was lower against the Japanese Yen on Tuesday after the release of Japanese data on Retail Sales.<br/><br/> USD/JPY was trading at 80.81, down 0.10% at time of writing.<br/><br/> The pair was likely to find support at 80.13, Friday’s low, and resistance at 80.98, Monday’s high.<br/><br/> Earlier in the day, official data showed that Japanese retail sales fell less-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Japan’s Retail Sales Fall Less-than-expected Posted: 27 Jun 2011 05:05 PM PDT Forex Pros – pros – Japanese retail sales fell less-than-expected last month, official data showed on Monday.<br/><br/>In a report, the Ministry of Economy Trade and Industry said that retail sales fell to a seasonally adjusted annual rate of -1.3%, from -4.8% in the preceding month.<br/><br/>Analysts had expected retail sales to fall at annual rate of -2.2% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/USD Up In Asian Trade Posted: 27 Jun 2011 05:05 PM PDT Forex Pros – pros – The Euro was higher against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4297, up 0.06% at time of writing.<br/><br/> The pair was likely to find support at 1.4103, Monday’s low, and resistance at 1.4333, Thursday’s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.12% to hit 0.8946 and EUR/JPY falling 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Hot Option Plays: Sectors To Watch Posted: 27 Jun 2011 04:18 PM PDT Cusick’s Corner
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| Forex – USD/JPY Down During Asian Trade Posted: 27 Jun 2011 04:15 PM PDT Forex Pros – pros – The U.S. Dollar was lower against the Japanese Yen on Monday.<br/><br/> USD/JPY was trading at 80.84, down 0.06% at time of writing.<br/><br/> The pair was likely to find support at 80.02, Wednesday’s low, and resistance at 80.98, today’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.14% to hit 1.4308 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: 27 Jun 2011 04:05 PM PDT AT&T (NYSE:T) has recently introduced its new cloud-based Content Delivery Network (CDN) platform. The launch comes close on the heels of Sprint Nextel's (NYSE:S) decision to offer Managed Telepresence Services to attract corporate customers. It is also indicative of AT&T foray into the promising enterprise market.
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| Posted: 27 Jun 2011 04:05 PM PDT AT&T (NYSE:T) has recently introduced its new cloud-based Content Delivery Network (CDN) platform. The launch comes close on the heels of Sprint Nextel's (NYSE:S) decision to offer Managed Telepresence Services to attract corporate customers. It is also indicative of AT&T foray into the promising enterprise market.
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| US Gas Prices Fall At The Pump Posted: 27 Jun 2011 03:57 PM PDT 06/27/11 The national average for a gallon of unleaded gasoline declined, ahead of the July 4th holiday … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 27 Jun 2011 03:35 PM PDT Royal Bank of Scotland Group Plc. (NYSE:RBS) has boosted its investment banking business in China by appointing two senior investment bankers to its team.
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| Cepheid Targets Infectious Diseases Posted: 27 Jun 2011 03:35 PM PDT Cepheid (NASDAQ:CPHD) announced the appointment of Robert Kwiatkowski as the Vice President of Infectious Disease Research and Development. He would be reporting to David Persing, the company's Chief Medical and Technology Officer.
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| Shire To Produce More Replagal Posted: 27 Jun 2011 03:35 PM PDT UK-based Shire (NASDAQ:SHPGY) recently announced that the European Medicines Agency (EMA) has increased the company's manufacturing flexibility for Replagal (agalsidase alfa), an enzyme replacement therapy approved for treating Fabry disease.
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| Forex – NZD/USD Up In Asian Trade Posted: 27 Jun 2011 03:35 PM PDT Forex Pros – pros – The New Zealand Dollar was higher against the U.S. Dollar on Monday.<br/><br/> NZD/USD was trading at 0.8064, up 0.09% at time of writing.<br/><br/> The pair was likely to find support at 0.8009, today’s low, and resistance at 0.8194, Wednesday’s high.<br/><br/> Meanwhile, the New Zealand Dollar was down against the Australian Dollar and up against the Euro, with AUD/NZD gaining 0.05% to hit 1.2968 and EUR/NZD falling … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Stock Picks For Tuesday, June 27 Posted: 27 Jun 2011 03:24 PM PDT ( click to enlarge ) Shares of Northern Oil & Gas, Inc. (NOG), surged for the third straight day by adding 3.89% or 75 cents to $20.05 per share. Momentum indicators are slightly bullish now with RSI inching away above the middle level. The technical daily chart shows the stock was on a bouce back rally as %K line is rising on top of %D line. The strongest sign of a bullish momentum is the MACD indicator which has just started to increase. The On Balance Volume is also showing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 27 Jun 2011 10:20 AM PDT 06/27/11 The stories, data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 27 Jun 2011 03:05 PM PDT Foster Wheeler AG's (NASDAQ:FWLT) subsidiary Global Engineering and Construction Group won a contract from Sasol to execute the technical part of a viability study for a planned gas-to-liquids facility in Canada. The study is being carried out by a partnership of Sasol and Talisman Energy. It is expected that the technical part of the study will be completed during the fourth quarter of 2011.
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| Posted: 27 Jun 2011 03:05 PM PDT Campbell Soup Co. (NYSE:CPB), diligent in rewarding shareholders, announced a share buyback of $1 billion sans expiration date. The new share buyback plan replaces the $1.2 billion which the company had announced in June 2008.
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| Posted: 27 Jun 2011 03:05 PM PDT Brookfield Office Properties Inc. (NYSE:BPO) recently sold an office tower at 1400 Smith Street in Houston for approximately $340.0 million to Chevron Corp (CVX ) . Additionally, Brookfield also renewed a seven-year lease for a 311,000 square feet property at the Continental Center I.
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| Philip Morris Fights Aussie Crackdown Posted: 27 Jun 2011 03:05 PM PDT Tobacco giant Philip Morris International Inc. (NYSE:PM) has threatened the Australian government for the proposed ban on cigarette-packaging advertisements and expects to seek billions of Australian dollars in financial compensation.
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| Interesting Pattern Repetition To Monitor In Gold Posted: 27 Jun 2011 02:50 PM PDT There seems to be a clean pattern repeating itself today that developed exactly one year ago which I'm finding interesting. First, the little numbers in the chart are NOT Elliott Waves – they're just calling attention to the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Apple Sues Samsung In S. Korea Posted: 27 Jun 2011 02:35 PM PDT Apple Inc. (NASDAQ:AAPL) recently filed a lawsuit in South Korea against Samsung Electronics Co. Ltd., alleging infringement of several patents, as reported by news agencies Reuters and Bloomberg.
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| NCR Selected By Anheuser Busch Posted: 27 Jun 2011 02:35 PM PDT NCR Corporation (NCR), a leading technology and solutions provider for the retail and financial services industry, has recently won a contract from Anheuser-Busch InBev (NYSE:BUD) Employees’ Credit Union (ABECU). The company has deployed NCR's APTRA eMarketing cross-channel marketing software, delivering personalized and relevant marketing to members online and through email.
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| Posted: 27 Jun 2011 02:35 PM PDT Telecom services provider Cincinnati Bell Inc. (NYSE:CBB) is entering into a new business arena that allows it to offer energy services to its residential customers through its new subsidiary Cincinnati Bell Energy.
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| Will The Market Be Sideways For Awhile? Posted: 27 Jun 2011 02:17 PM PDT iStockAnalyst thinks there is a probability of "60% that sideways is the most likely outcome" of the NASDAQ. "Until the index breaks resistance at 2700 or falls through support at 2600, both levels are likely to act like bumper car rails". In their view, " the biggest July fireworks show will come from second quarter earnings and forward guidance, July's GDP and Employment Situation reports. The trio will determine which way we go with great … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 27 Jun 2011 02:05 PM PDT Today I review two short or "naked" put trades I have talked about this month to show examples of how this option technique can be used successfully to either generate income or to buy your favorite names at a discount. On paper, one of the open trades is a winner, and one is a loser. But even the loser I am very comfortable with and I will explain why in detail. We'll knock out the winner first and review the positive rationale and mechanics for using puts to earn option premium or to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| AthenaHealth Buys Maine Facility Posted: 27 Jun 2011 02:05 PM PDT Medical billing and records software provider AthenaHealth Inc (NASDAQ:ATHN) has wrapped up its purchase of a new property in Northport, Maine, for $7.7 million. The facility dubbed "Point Lookout" is situated near the Massachusetts-based company's operations center in Belfast, Maine, which employs more than 300 people. AthenaHealth plans to use the 396 acre property as its new client and employee training center.
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| CMS Energy Goes Green In Michigan Posted: 27 Jun 2011 02:05 PM PDT Consumers Energy, the major subsidiary of CMS Energy (NYSE:CMS) has got into an agreement to purchase the total renewable energy output produced by the Fremont Community Digester ("FCD"). The contract is in line with the utility’s commitment to increase spending in Michigan following the launch of new Pure Michigan Business Connect initiative in early June by the Michigan Economic Development Corporation.
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| Closing Bell Market Monitor: CNU, SWK, MSFT Posted: 27 Jun 2011 02:00 PM PDT 06/27/11 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: 27 Jun 2011 01:55 PM PDT Forex Pros – pros – The Euro was higher against the U.S. Dollar on Monday after the release of U.S. data on Personal Spending.<br/><br/> EUR/USD was trading at 1.4284, up 0.67% at time of writing.<br/><br/> The pair was likely to find support at 1.4103, today’s low, and resistance at 1.4442, Wednesday’s high.<br/><br/> Earlier in the day, official data showed that U.S. personal spending remained unchanged unexpectedly at a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/JPY Up Toward The End Of U.S. Session Posted: 27 Jun 2011 01:40 PM PDT Forex Pros – pros – The U.S. Dollar was higher against the Japanese Yen on Monday after the release of U.S. data on Personal Spending.<br/><br/> USD/JPY was trading at 80.91, up 0.59% at time of writing.<br/><br/> The pair was likely to find support at 80.02, Wednesday’s low, and resistance at 80.98, today’s high.<br/><br/> Earlier in the day, official data showed that U.S. personal spending remained unchanged unexpectedly at a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 27 Jun 2011 01:35 PM PDT PSEG Power LLC, a unit of Public Service Enterprise Group Inc. (NYSE:PEG) announced that it has agreed to the sale of its 1,000 MW gas-fired Odessa generating facility in West Texas. The facility would be sold to Odessa Power, LLC, a subsidiary of Energy Capital Partners II, LP for $335 million.
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| EA Latest Prey Of Cyber Attack Posted: 27 Jun 2011 01:35 PM PDT The growing menace of cyber hacking has found its new victim in Electronic Arts Inc. (NASDAQ:ERTS) this time, as the company's website reported that hackers have stolen user information. The video game maker reported the breach in its BioWare division as "highly sophisticated and unlawful."
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| Posted: 27 Jun 2011 01:35 PM PDT Nissan Motor Co. (NASDAQ:NSANY) revealed that it expects a 15.4% fall in profit to ¥270 billion ($3.4 billion) due to the setback from the earthquake and tsunami in Japan on March 11 that broke down infrastructure and damaged many parts supplying companies' plants causing disruptions in the supply chain.
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| Hacked Citi Customers Lose $2.7M Posted: 27 Jun 2011 01:35 PM PDT Around 3,400 customers of Citigroup Inc. (NYSE:C) whose credit card information was hacked suffered $2.7 million in losses, according to a report in the Wall Street Journal. This latest information came to light when government officials were informed by Citi about the data leak.
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| Forex – EUR/USD Up Toward The End Of U.S. Session Posted: 27 Jun 2011 01:25 PM PDT Forex Pros – pros – The Euro was higher against the U.S. Dollar on Monday after the release of U.S. data on Personal Spending.<br/><br/> EUR/USD was trading at 1.4280, up 0.64% at time of writing.<br/><br/> The pair was likely to find support at 1.4103, today’s low, and resistance at 1.4442, Wednesday’s high.<br/><br/> Earlier in the day, official data showed that U.S. personal spending remained unchanged unexpectedly at a seasonally … [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 0.91% Posted: 27 Jun 2011 01:10 PM PDT Forex Pros – 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 0.91%, the S&P 500 index gained 0.92%, while the Nasdaq 100 index climbed 1.59%.<br/><br/> Earlier in the day, official data showed that U.S. personal spending remained unchanged unexpectedly at a seasonally adjusted 0.0% last month from 0.3% in the preceding month whose figure was revised down from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 27 Jun 2011 01:00 PM PDT We have maintained our Underperform recommendation on oil refiner and marketer Sunoco Inc (NYSE:SUN). Lately, investors have been selling the stock for its weak fundamentals and tepid outlook. The disappointing first quarter results have added to this bearishness.
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| NYSE Reconciles With Investors Posted: 27 Jun 2011 01:00 PM PDT Last week, NYSE Euronext Inc. (NYSE:NYX) and its merger partner Deutsche Boerse AG agreed to reconcile with the NYSE investors over a special dividend payout of $910 million, which was announced earlier this month.
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| Forex – GBP/USD Up During The U.S. Session Posted: 27 Jun 2011 12:55 PM PDT Forex Pros – pros – The British Pound was higher against the U.S. Dollar on Monday after the release of U.S. data on Personal Spending.<br/><br/> GBP/USD was trading at 1.5980, up 0.14% at time of writing.<br/><br/> The pair was likely to find support at 1.5914, today’s low, and resistance at 1.6262, Wednesday’s high.<br/><br/> Earlier in the day, official data showed that U.S. personal spending remained unchanged unexpectedly at a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 27 Jun 2011 12:38 PM PDT Click on the chart to ENLARGE I bought and sold this DB Agriculture Double Long ETN (DAG) in about 3 hours and made 1.8%. Nothing impressive. I continue to think the positive divergence that gave me a small gain will assist share price higher, but I lost my interest. There are other fish to fry. Hey how about that ZSL today? +4.14% today with 20 minutes of trade left to go. It looks to me like it needs to take a breather, TSI wise, but I’ll keep holding that trade, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| UnitedHealth Takes DoD To Court Posted: 27 Jun 2011 12:35 PM PDT UnitedHealthcare, a division of UnitedHealth Group Inc. (NYSE:UNH) sued the U.S. Department of Defense (DoD) in the U.S. Court of Federal Claims after it lost the $23.5 billion 5-year Tricare South contract to Humana Inc. (NYSE:HUM).
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| Ford China Breaking New Ground Posted: 27 Jun 2011 12:35 PM PDT Ford Motor Co. (NYSE:F) broke ground on a $500 million engine plant in the southwestern city of China, Chongqing. The plant, once in full swing in 2013, will double the production capacity of its joint venture (JV), Changan Ford Mazda Automobile Co., to 750,000 units per year. The engines will be used in Ford branded vehicles built and sold in China.
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| Forex – USD/CHF Up In U.S. Trading Hours Posted: 27 Jun 2011 12:30 PM PDT Forex Pros – pros – The U.S. Dollar was higher against the Swiss Franc on Monday after the release of U.S. data on Personal Spending.<br/><br/> USD/CHF was trading at 0.8361, up 0.31% at time of writing.<br/><br/> The pair was likely to find support at 0.8320, today’s low, and resistance at 0.8438, Thursday’s high.<br/><br/> Earlier in the day, official data showed that U.S. personal spending remained unchanged unexpectedly at a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Hot Option Plays: Window Dressing Posted: 27 Jun 2011 12:17 PM PDT Cusick’s Corner
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| Favorable Opinion For Baxter Drug Posted: 27 Jun 2011 12:15 PM PDT Baxter International (NYSE:BAX) recently revealed that the Committee for Medicinal Products for Human Use ("CHMP") belonging to the European Medicines Agency ("EMA") has given a favorable opinion for extending the therapeutic indications of Kiovig to encompass a new indication for multifocal motor neuropathy ("MMN"), a debilitating disorder needing life-time therapy.
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| Posted: 27 Jun 2011 12:15 PM PDT BioMarin Pharmaceutical Inc. (BMRN) recently announced that it will acquire an integrated biologics manufacturing plant from pharma giant Pfizer Inc. (NYSE:PFE) which will expand its manufacturing capacity to manage its proliferating product portfolio and its maturing pipeline.
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| Posted: 27 Jun 2011 12:15 PM PDT We are maintaining our Neutral recommendation on PPG Industries Inc. (NYSE:PPG). The company expects to see higher demand in 2011 compared with 2010, but intends to remain focused on continued cost management entered in 2011 with about $2 billion in cash and short-term investments, which is a historically high level for the company and includes proceeds from a $1 billion debt offering in November 2010.
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| Forex – USD/CAD Down In U.S. Trade Posted: 27 Jun 2011 12:10 PM PDT Forex Pros – pros – The U.S. Dollar was lower against the Canadian Dollar on Monday after the release of U.S. data on Personal Spending.<br/><br/> USD/CAD was trading at 0.9870, down 0.15% at time of writing.<br/><br/> The pair was likely to find support at 0.9702, Wednesday’s low, and resistance at 0.9913, today’s high.<br/><br/> Earlier in the day, official data showed that U.S. personal spending remained unchanged unexpectedly at a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 27 Jun 2011 12:05 PM PDT ABB Ltd. (NYSE:ABB) received a contract from the transmission system operator in Finland, called Fingrid, for expansion and upgrade of an existing 400/110 kV (kilovolt) substation. The contract is valued at $19 million and is a part of the project to solidify Finland's main electrical grid. The extensive investment program being undertaken also aims at arranging the addition of a new carbon neutral electricity generation capacity to the grid.
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| Sears Spins Off Hardware Chain Posted: 27 Jun 2011 12:05 PM PDT Sears Holdings Corporation (NASDAQ:SHLD) declared that it is spinning off its hardware chain, Orchard Supply Hardware Stores, after five continuous years of bad performance. Sears believes that Orchard Supply will perform way far better and yield good returns to its shareholders as a separate, publicly traded company. Orchard Supply was originally founded in 1931 as a farmer-run purchasing co-op in San Jose, Calif., and was bought by Sears, Roebuck in 1989.
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| BSD Medical Makes Classic Pact Posted: 27 Jun 2011 12:05 PM PDT Cancer treatment systems maker BSD Medical Corp (NASDAQ:BSDM) has forged an exclusive distribution pact with Classic Medical Inc. (Classic Medical) for its MicroThermX Microwave Ablation system for soft tissue ablation (destruction).
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| How Big U.S. Companies Would Rank As Countries Posted: 27 Jun 2011 12:03 PM PDT Based on 2010 sales revenue, Business Insider has a list of how 25 of America’s largest companies compare to the GDP of entire countries in 2010, here are the top three: 1. With 2010 revenues of $414 billion, Walmart would rank as the world’s 26th largest economy, right behind #25 Norway, which produced $422 billion of GDP last year. 2. Exxon would rank as the world’s 30th largest economy with $355 billion of revenue, ahead of Thailand’s $319 billion of GDP. 3. Chevron would rank #46 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: EURUSD Stops! The 100 And 200 Hour MA Contain The Price Posted: 27 Jun 2011 11:48 AM PDT The last three hours of trading has all but halted the price action in the EURUSD. The 100 hour MA is at the 1.4274. The 200 hour MA is at 1.4258. The three hour low to high range has been 1.4281 and 1.4254. Traders with a bias can use the levels to lean against and define risk. Traders without a bias can wait for a break and buy or sell. On a break, look for momentum to confirm the move and target close levels. For example, a break above the 100 hour MA would need to tak out the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/USD Up In U.S. Trading Hours Posted: 27 Jun 2011 11:45 AM PDT Forex Pros – pros – The Euro was higher against the U.S. Dollar on Monday after the release of U.S. data on Personal Spending.<br/><br/> EUR/USD was trading at 1.4270, up 0.57% at time of writing.<br/><br/> The pair was likely to find support at 1.4103, today’s low, and resistance at 1.4442, Wednesday’s high.<br/><br/> Earlier in the day, official data showed that U.S. personal spending remained unchanged unexpectedly at a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Vornado’s Share In Toys ‘R’ Us Loss Posted: 27 Jun 2011 11:35 AM PDT Vornado Realty Trust (NYSE:VNO), a leading real estate investment trust (REIT), has recently announced its share of first quarter 2011 financial results of Toys 'R' Us – a leading global retailer of dedicated toys and baby products. Vornado Realty, which currently owns about 32.7% of Toys 'R' Us, will record its share when it reports its second quarter results for the quarter ending June 30, 2011.
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| Outlook Gloomy For Universal Forest Posted: 27 Jun 2011 11:30 AM PDT Universal Forest Products Inc. (NASDAQ:UFPI) recently announced to undertake stringent economic measures including job cuts citing weaker sales in the first five months of year 2011. The cost-reduction measures are expected to save roughly $10 million annually for the company.
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| EIA Reports Hefty Nat Gas Build Posted: 27 Jun 2011 11:30 AM PDT The U.S. Energy Department’s weekly inventory release showed a larger-than-expected build-up in natural gas supplies on the back of robust production levels and moderate weather across much of the country.
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| Medtronic Actively Checks Diabetes Posted: 27 Jun 2011 11:30 AM PDT In a positive development, research findings presented at a recent conference mirrors the effectiveness of Medtronic's (NYSE:MDT) insulin pump therapy for improved glucose control in type 1 diabetic patients. The company offers sensor-augmented insulin pump therapy that integrates continuous glucose monitoring (CGM) into one device.
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| Fitch Upgrades FR’s Credit Rating Posted: 27 Jun 2011 11:30 AM PDT Fitch Ratings, the global credit rating firm, has recently upgraded the credit rating of First Industrial Realty Trust, Inc. (NYSE:FR), a real estate investment trust (REIT), based on its improved long-term credit profile and strong liquidity. The company is currently rated as "BB", which is significantly up from its previous "B+" rating and denotes a stable outlook with considerable improvement in its balance sheet.
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| Posted: 27 Jun 2011 11:30 AM PDT Monster Worldwide (MWW) recently launched BeKnown, a professional networking application which is designed to allow Facebook users to establish a professional network on one of the world's most popular social platform.
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| Forex – AUD/USD Down In U.S. Trade Posted: 27 Jun 2011 11:15 AM PDT Forex Pros – pros – The Australian Dollar was lower against the U.S. Dollar on Monday after the release of U.S. data on Personal Spending.<br/><br/> AUD/USD was trading at 1.0446, down 0.44% at time of writing.<br/><br/> The pair was likely to find support at 1.0392, today’s low, and resistance at 1.0651, Wednesday’s high.<br/><br/> Earlier in the day, official data showed that U.S. personal spending remained unchanged unexpectedly at a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 27 Jun 2011 11:05 AM PDT Royal Dutch Shell plc (RDS.A) has entered into an agreement with the governments of Alberta and Canada for the funding of its Quest Carbon Capture and Storage (CCS) project in Canada.
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| Forex Trading: USDJPY Tests 50% Of Range Since May At 80.96. The 81.05 Is The Next Target Posted: 27 Jun 2011 10:59 AM PDT The 50% of the move up from the March low to the April high comes in at 80.96. A move above this level and then the 81.05 level should open the door for addiitional gains for the pair.
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| Basel Wants Big Banks To Store More Posted: 27 Jun 2011 10:47 AM PDT On Saturday, the oversight body of the Basel Committee on Banking Supervision proposed new rules that would force the world’s biggest banks to hold extra capital on their balance sheets as protection and prevention against global financial crisis, the Associated Press reported. The targeted banks are those that could threaten global economy if they collapse.
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| NRG, ProLogis’ New Solar Venture Posted: 27 Jun 2011 10:47 AM PDT NRG Energy Inc. (NYSE:NRG) and ProLogis Inc. (NYSE:PLD) recently joined hands for a $2.6 billion project to place solar panels on rooftops of industrial buildings in 28 states over a span of four years. The companies said that this is one of the most ambitious clean-energy projects in recent years.
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| United Sees Slow Rev Growth In Q2 Posted: 27 Jun 2011 10:47 AM PDT The largest U.S. airline United Continental Holdings Inc. (UAL) announced that it expects lower-than-expected revenue growth in the second quarter of 2011 due to tough year-over-year comparisons.
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| Action Date For Endo Pharma Drug Posted: 27 Jun 2011 10:47 AM PDT Endo Pharmaceuticals (NASDAQ:ENDP) recently announced that the US Food and Drug Administration (FDA) has issued a new action date for the new formulation of painkiller Opana ER. The FDA stated that it will review Endo Pharma's response to the agency's complete response letter (CRL) by December 13, 2011.
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| Forex – NZD/USD Down During The U.S. Session Posted: 27 Jun 2011 10:45 AM PDT Forex Pros – pros – The New Zealand Dollar was lower against the U.S. Dollar on Monday after the release of U.S. data on Personal Spending.<br/><br/> NZD/USD was trading at 0.8047, down 1.06% at time of writing.<br/><br/> The pair was likely to find support at 0.8009, today’s low, and resistance at 0.8194, Wednesday’s high.<br/><br/> Earlier in the day, official data showed that U.S. personal spending remained unchanged unexpectedly at a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 27 Jun 2011 10:35 AM PDT We reiterate our Neutral recommendation on Autoliv Inc. (NYSE:ALV) which is one of the well-known manufacturers of occupant restraint systems for automobiles and has a product portfolio comprising primarily of safety airbags, seat belts and steering wheels. The company, based in Stockholm, Sweden, operates through two principal subsidiaries: Autoliv AB and Autoliv ASP.
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| Another Bank Failure, Tally Hits 48 Posted: 27 Jun 2011 10:35 AM PDT Last Friday, U.S. regulators shuttered Clayton, Georgia-based Mountain Heritage Bank, taking the number of failed banks thus far in 2011 to 48. This follows 157 bank failures in 2010, 140 in 2009 and 25 in 2008.
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| Yahoo-Alipay Settlement In Progress Posted: 27 Jun 2011 10:35 AM PDT Yahoo Inc. (NASDAQ:YHOO), Chinese e-commerce firm Alibaba Group Holding Ltd. and Japanese Internet company Softbank Corp. are on track to reach a settlement regarding the ownership of online-payments business Alipay. The trio seems pleased with the progress on the transfer of Alipay, although negotiations continue.
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| Posted: 27 Jun 2011 10:35 AM PDT We recently downgraded our recommendation on Companhia Paranaense de Energia (NYSE:ELP), also known as COPEL, from Outperform to Neutral. Copel is one of the leading Brazilian electric utility companies, which accounts for approximately 7% of total electricity production in the country.
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| Personal Income Up Just 0.3% In May Posted: 27 Jun 2011 10:35 AM PDT In May, Personal Income rose 0.3%, matching from the 0.3% rise in April and down from the 0.4% rise in March, but only after the April numbers were revised down from 0.4%. The increase was below the consensus expectation of a 0.4% increase. Meanwhile, Personal Consumption Expenditures (PCE) were unchanged, lower than the consensus expectation of a 0.1% rise. That is a deceleration from the 0.3% rise in April and the 0.6% increase in March. Of course, if spending is unchanged and income is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 27 Jun 2011 10:35 AM PDT Last week, credit rating agency Moody's Investors' Service, a subsidiary of Moody's Corp. (NYSE:MCO), affirmed the debt rating of Prudential Financial Inc. (NYSE:PRU) at "Baa2" and upgraded its outlook to positive from stable.
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| Posted: 27 Jun 2011 10:35 AM PDT Darden Restaurants Inc. (NYSE:DRI) is slated to release its fourth quarter 2011 earnings on June 30, after market closes. The current Zacks Consensus Estimate is 99 cents for the fourth quarter (reflecting a year-over-year growth of 15.65%).
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| Options Strategy Suggests Yahoo! May Be Next Comeback Kid Posted: 27 Jun 2011 10:23 AM PDT Options strategy suggests Yahoo! may be next comeback kid
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| “Entire World Is Nervous…watch And Be Careful” Posted: 27 Jun 2011 10:20 AM PDT 06/27/11 Meridian Equity Partners’ Stephen Guilfoyle discusses today’s advance in US stocks and ongoing Euro-zone debt … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Bank Of Israel Holds Benchmark Rate At 3.25% Posted: 27 Jun 2011 10:13 AM PDT The Bank of Israel held its benchmark interest rate unchanged at 3.25%. The Bank noted: “In the first half of the year the Bank of Israel raised the interest rate markedly. At the same time, steps were taken by the Bank of Israel and the Ministry of Finance in the housing market. In addition, the shekel appreciated over recent months and there was a decline in commodity prices. The impact on inflation of these items is expected to be felt in the future. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Risk Appetite Returns, Euro Rises Posted: 27 Jun 2011 05:00 AM PDT 06/27/11 Risk appetite returned to start the week as the euro was trading higher against its major … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – GBP/USD Up In U.S. Trade Posted: 27 Jun 2011 10:00 AM PDT Forex Pros – pros – The British Pound was higher against the U.S. Dollar on Monday after the release of U.S. data on Personal Spending.<br/><br/> GBP/USD was trading at 1.5964, up 0.04% at time of writing.<br/><br/> The pair was likely to find support at 1.5914, today’s low, and resistance at 1.6262, Wednesday’s high.<br/><br/> Earlier in the day, official data showed that U.S. personal spending remained unchanged unexpectedly at a … [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 Down 0.19% Posted: 27 Jun 2011 09:55 AM PDT Forex Pros – pros – European stocks were mixed after the closing bell on Monday.<br/><br/> At the close of European trade, Germany’s DAX fell 0.19%, London’s FTSE 100 gained 0.43%, France’s CAC 40 climbed 0.31% and the EURO STOXX 50 was up 0.30%.<br/><br/> Earlier in the day, official data showed that U.S. personal spending remained unchanged unexpectedly at a seasonally adjusted 0.0% last month from 0.3% in the preceding month whose … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Chinese Local Government Debt Touches $1.6 Trillion Posted: 27 Jun 2011 04:00 AM PDT 06/27/11 According to the national audit agency, China’s local governments have piled up debts of $1.6 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Chinese Local Government Debt Touches $1.6 Trillion Posted: 27 Jun 2011 09:00 AM PDT 06/27/11 According to the national audit agency, China’s local governments have piled up debts of $1.6 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Immunodiagnostic Systems Sees Profits Surge And Secures FDA Clearance For New Automated Assays Posted: 27 Jun 2011 03:14 AM PDT Immunodiagnostic Systems (LON:IDH), the company that makes diagnostic testing kits for the clinical and research markets, has received clearance from the US Food and Drug Administration (FDA) for two new automated assays to be sold in the US. The new product additions complement IDS's existing automated products offered on its IDS-iSYS system in the US, which is the company's fastest growing market. The news comes as IDS reported a 35 percent rise in sales to £50.2 million in the 12 months … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Playing Cat And Mouse With Global Oil Posted: 26 Jun 2011 10:00 PM PDT Oil markets took another dose of global geopolitics this week when the International Energy Agency (IEA) unexpectedly announced that it would be releasing 60 million barrels of oil from strategic petroleum reserves (SPR) around the globe. Thursday's surprise announcement gave oil prices a 4.5 percent hair cut and oil prices closed Friday at $91.25, down 20 percent from their April 29 peak.
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