DailyMarkets.com - Forex – USD/JPY Up On Economic Data
DailyMarkets.com - Forex – USD/JPY Up On Economic Data |
- Forex – USD/JPY Up On Economic Data
- Forex – NZD/USD Down In Asian Trade
- Japan’s Unemployment Rate Falls Unexpectedly
- QE2 Ends, Long Live The Free Market Ha
- Tokyo’s Core Consumer Price Inflation Remains Unchanged Unexpectedly
- California To Collect Internet Sales Tax
- Unilife Completes Validation Tests
- The Day Ahead: U. Of Michigan Consumer Sentiment, ISM Manufacturing, PMI Data – Euro-zone, U.K., China
- Hot Option Plays: Market Cleared Critical Resistance
- Driving The Stock Market Boom – Is It Company Buy-backs?
- FDA Clears Dendreon 2nd Facility
- Spectrum On Auction In Spain
- TRW Automotive Remains Neutral
- Myriad Genetics To Outperform
- Analyst Interviews: Metals & Mining Stock Outlook
- Change In Warner Chilcott’s R&D
- Sara Lee Finishes Eating Aidell’s
- Wells Fargo To Shed H.D. Vest
- Stock Watch List For Friday
- Earnings Scorecard: Rite Aid
- Dell’s Blueprint For Growth
- Lindsay’s 3Q Beats Estimates
- Closing Bell Market Monitor: EBAY, GS, LYG
- Forex – EUR/USD Up At The End Of U.S. Session
- Forex – USD/JPY Down Toward The End Of U.S. Session
- General Mills’ EPS Touches Mark
- McCormick Beats By A Penny
- Harris Wins FAA Contract
- McCormick Inks Deal With Kamis
- Petrobras Start EWT At Aruana
- SM Energy Trims Eagle Ford Acres
- Forex – EUR/USD Up Toward The End Of U.S. Session
- Visa / Mastercard – Sell The Excitement, Buy The Pullback
- U.S. Markets Close Higher; Dow Jones Up 1.25%
- Fiserv Strengthens Digital Payments
- Successful Quarter For Mechel
- Allscripts Inks Reselling Pact
- H
- Forex – GBP/USD Down During The U.S. Session
- PPL Corp. Ensures Nuclear Safety
- Goldman Retrenches 230 Workers
- Stevie Awards For Quality Systems
- Stevie Awards For Quality Systems
- Happy Birthday Frederic Bastiat
- NYC Approves Another Budget Change: Teachers And Programs Saved
- Emerging Markets Building Highways To Wealth
Forex – USD/JPY Up On Economic Data Posted: 30 Jun 2011 05:05 PM PDT Forex Pros – pros – The U.S. Dollar was higher against the Japanese Yen on Friday after the release of Japanese data on Tokyo Core CPI.<br/><br/> USD/JPY was trading at 80.68, up 0.14% at time of writing.<br/><br/> The pair was likely to find support at 80.27, Thursday’s low, and resistance at 81.27, Tuesday’s high.<br/><br/> Earlier in the day, official data showed that Tokyo’s core consumer price inflation remained unchanged … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – NZD/USD Down In Asian Trade Posted: 30 Jun 2011 04:50 PM PDT Forex Pros – pros – The New Zealand Dollar was lower against the U.S. Dollar on Thursday.<br/><br/> NZD/USD was trading at 0.8260, down 0.38% at time of writing.<br/><br/> The pair was likely to find support at 0.8009, Monday’s low, and resistance at 0.8318, today’s high.<br/><br/> Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.13% to hit 1.2948 and EUR/NZD rising 0.20% to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Japan’s Unemployment Rate Falls Unexpectedly Posted: 30 Jun 2011 04:45 PM PDT Forex Pros – pros – Japan’s unemployment rate fell unexpectedly last month, official data showed on Thursday.<br/><br/>In a report, the Statistics Bureau said that the percentage of the total work force that is unemployed and actively seeking employment during the previous month fell to a seasonally adjusted 4.5%, from 4.7% in the preceding month.<br/><br/>Analysts had expected the rate of unemployment to rise to 4.8% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
QE2 Ends, Long Live The Free Market Ha Posted: 30 Jun 2011 04:42 PM PDT June 30 2011 QE2 ends. The 10yr yield has jumped, and so have stocks, one is in for a shock. From ZeroHedge Extract ..”Goodbye net monetization of US debt. Going forward the Fed will only roll maturing debt, as per QE Lite announced in early August, and due to the fact that it will be roughly one fifth the notional periodic impact of QE2, is not what so many erroneously classify as QE2.5. The biggest question of who will buy bonds now”.. COMMENTS: The last time QE ended (May 2010), a few … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Tokyo’s Core Consumer Price Inflation Remains Unchanged Unexpectedly Posted: 30 Jun 2011 04:40 PM PDT Forex Pros – pros – Tokyo’s core consumer price inflation remained unchanged unexpectedly last month, official data showed on Thursday.<br/><br/>In a report, the Statistics Bureau said that Tokyo’s core CPI, which excludes fresh food costs remained unchanged at at an annualized rate of 0.1%, from 0.1% in the preceding month.<br/><br/>Analysts had expected Tokyo’s core CPI to rise to 0.2% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
California To Collect Internet Sales Tax Posted: 30 Jun 2011 03:57 PM PDT 06/30/11 California follows other states in collecting sales tax on internet purchases. Amazon and Overstock terminated their affiliate programs in the Golden … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Unilife Completes Validation Tests Posted: 30 Jun 2011 03:35 PM PDT Retractable syringes maker Unilife Corporation (UNIS) has successfully completed all the required validation tests for its Unifill ready-to-fill (prefilled) syringe, representing the final step in the industrialization process of this unique device. |
Posted: 30 Jun 2011 10:20 AM PDT 06/30/11 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 |
Hot Option Plays: Market Cleared Critical Resistance Posted: 30 Jun 2011 03:17 PM PDT Cusick’s Corner |
Driving The Stock Market Boom – Is It Company Buy-backs? Posted: 30 Jun 2011 03:17 PM PDT By Brett Arends, MarketWatch |
FDA Clears Dendreon 2nd Facility Posted: 30 Jun 2011 03:05 PM PDT Dendreon Corporation (NASDAQ:DNDN) recently received clearance from the U.S. Food and Drug Administration (FDA) to expand manufacturing facility for its cancer vaccine Provenge, in the U.S. The company's Los Angeles facility can now be operational with 36 workstations. These facilities will be brought online in a staged manner. |
Posted: 30 Jun 2011 03:05 PM PDT Spain has put its mobile telecom licenses on auction for the very first time. The Spanish government will raise roughly €1.45 billion ($2.05 billion) to control budget deficit. |
TRW Automotive Remains Neutral Posted: 30 Jun 2011 03:05 PM PDT We reiterate our Neutral recommendation on TRW Automotive Holdings Corp. (NYSE:TRW), which is a leading manufacturer of advanced technology products and services for the automotive markets. The company is one of the world's largest suppliers of automotive systems, modules and components to global automotive manufacturers. |
Posted: 30 Jun 2011 03:05 PM PDT Recently, we upgraded Myriad Genetics (NASDAQ:MYGN) to Outperform with a target price of $27.00. |
Analyst Interviews: Metals & Mining Stock Outlook Posted: 30 Jun 2011 02:35 PM PDT Overview The largest segment of the global metals market is iron and steel followed by aluminum. The iron and steel segment comprises more than half the industry in terms of volume. This … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Change In Warner Chilcott’s R&D Posted: 30 Jun 2011 02:35 PM PDT Warner Chilcott (NASDAQ:WCRX) recently announced that there will be a change at the helm of its research & development (R&D) division from the beginning of next year. The need for change arose following the decision of Warner Chilcott's incumbent R&D chief, Dr. Fawzi, to resign. Warner Chilcott targets women’s healthcare, gastroenterology, dermatology and urology markets in the US and Western Europe. |
Sara Lee Finishes Eating Aidell’s Posted: 30 Jun 2011 02:35 PM PDT Sara Lee Corp. (NYSE:SLE) announced that it has completed its $87 million buyout of Aidells Sausage Co. from Encore Consumer Capital, a private equity firm that invests exclusively in leading consumer products companies. The deal was originally announced on May 5, 2011. |
Posted: 30 Jun 2011 02:35 PM PDT Wells Fargo & Co. (NYSE:WFC) has decided to offload its H.D. Vest Financial Services business to Parthenon Capital Partners, a private equity firm. The company has entered into a definitive agreement in this context with Parthenon Capital. However, the terms of the deal were not disclosed. |
Posted: 30 Jun 2011 02:27 PM PDT ( click to enlarge ) China Natural Gas, Inc. (CHNG) – China Natural Gas Chairman enters into exclusivity with private equity consortium for take-private transaction at proposed price of $4.25/share cash. The stock closed at a price of $3.82, a moderate change of 10% from its previous day’s close. This stock has a short interest ratio of 4.5 based on average daily volume of 200,962 shares and 1.2 million shares short. I guess this deal will force these short traders to cover … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 30 Jun 2011 02:05 PM PDT Rite Aid Corporation (NYSE:RAD), the third largest retail drugstore in the U.S. based on revenues and number of stores, posted its first-quarter 2012 results. Street analysts had nearly a week to ponder on the news. In the subsequent paragraphs, we cover the recent earnings announcement, analysts’ estimate revisions as well as the Zacks Rank and long-term recommendation on the stock. |
Posted: 30 Jun 2011 02:05 PM PDT World's second largest PC maker, Dell Inc. (NASDAQ:DELL) chalked out some plans to earn better returns from investments. At its recent analyst meeting, the chief executive officer (CEO) Michael Dell expressed intentions to focus on the small and medium business (SMB) and health care segments. |
Posted: 30 Jun 2011 02:05 PM PDT Lindsay Corporation (NYSE:LNN) announced results for its fiscal third quarter ended May 31, 2011. The quarter delivered an EPS of $1.20, beating the Zacks Consensus Estimate of 96 cents and 50 cents in the year-earlier quarter. |
Closing Bell Market Monitor: EBAY, GS, LYG Posted: 30 Jun 2011 02:00 PM PDT 06/30/11 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 |
Forex – EUR/USD Up At The End Of U.S. Session Posted: 30 Jun 2011 01:55 PM PDT Forex Pros – pros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Chicago PMI.<br/><br/> EUR/USD was trading at 1.4501, up 0.45% at time of writing.<br/><br/> The pair was likely to find support at 1.4103, Monday’s low, and resistance at 1.4538, today’s high.<br/><br/> Earlier in the day, data showed that The U.S.’s Chicago PMI rose unexpectedly to a seasonally adjusted 61.1 last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – USD/JPY Down Toward The End Of U.S. Session Posted: 30 Jun 2011 01:40 PM PDT Forex Pros – pros – The U.S. Dollar was lower against the Japanese Yen on Thursday after the release of U.S. data on Chicago PMI.<br/><br/> USD/JPY was trading at 80.56, down 0.27% at time of writing.<br/><br/> The pair was likely to find support at 80.27, today’s low, and resistance at 81.27, Tuesday’s high.<br/><br/> Earlier in the day, data showed that The U.S.’s Chicago PMI rose unexpectedly to a seasonally adjusted 61.1 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
General Mills’ EPS Touches Mark Posted: 30 Jun 2011 01:35 PM PDT General Mills Inc. (NYSE:GIS) has reported results for the fourth quarter of fiscal 2011. For the quarter, adjusted earnings shot up by 26.8% to 52 cents a share compared with 41 cents in the year-ago period. The quarterly EPS was in line with the Zacks Consensus estimate. |
Posted: 30 Jun 2011 01:35 PM PDT McCormick & Co. Inc. (NYSE:MKC) posted results for the second quarter of 2011 with operating earnings of 55 cents a share, surpassing the Zacks Consensus Estimate by one cent. The quarterly earnings benefited from higher operating income, as well as cost saving actions. |
Posted: 30 Jun 2011 01:35 PM PDT A leading supplier of communications equipment and services, Harris Corp. (NYSE:HRS) recently won a contract worth $56.7 million for a period of three years and six months from the FAA (Federal Aviation Administration). |
McCormick Inks Deal With Kamis Posted: 30 Jun 2011 01:35 PM PDT In order to broaden its presence in the emerging markets of Western, Central, and Eastern Europe, spice-maker McCormick & Company, Inc. (NYSE:MKC) agreed to acquire Poland-based privately-held Kamis S.A. for approximately 830 million Polish zloty ($291 million). |
Posted: 30 Jun 2011 01:35 PM PDT Brazilian state-run Petroleo Brasileiro S.A. or Petrobras (NYSE:PBR) has commenced production of oil at the Aruana area, following the start-up of extended well test (EWT). The Aruana area is in the post-salt layer of the southern area of the Campos Basin offshore Brazil. |
SM Energy Trims Eagle Ford Acres Posted: 30 Jun 2011 01:35 PM PDT U.S. oil and gas development company, SM Energy Company (NYSE:SM) will sell a 12.5% working interest in its non-operated Eagle Ford Shale acreage in Texas to a subsidiary of Mitsui & Co. Ltd. |
Forex – EUR/USD Up Toward The End Of U.S. Session Posted: 30 Jun 2011 01:25 PM PDT Forex Pros – pros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Chicago PMI.<br/><br/> EUR/USD was trading at 1.4505, up 0.48% at time of writing.<br/><br/> The pair was likely to find support at 1.4103, Monday’s low, and resistance at 1.4538, today’s high.<br/><br/> Earlier in the day, data showed that The U.S.’s Chicago PMI rose unexpectedly to a seasonally adjusted 61.1 last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Visa / Mastercard – Sell The Excitement, Buy The Pullback Posted: 30 Jun 2011 01:17 PM PDT By Raghu Gullapalli, contributing SmartStops writer – originally posted at Minyanville |
U.S. Markets Close Higher; Dow Jones Up 1.25% Posted: 30 Jun 2011 01:10 PM PDT Forex Pros – pros – U.S. stocks were up after the closing bell on Thursday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average rose 1.25%, the S&P 500 index gained 1.01%, while the Nasdaq 100 index climbed 1.34%.<br/><br/> Earlier in the day, data showed that The U.S.’s Chicago PMI rose unexpectedly to a seasonally adjusted 61.1 last month from 56.6 in the preceding month.<br/><br/>Analysts had expected the Chicago PMI to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Fiserv Strengthens Digital Payments Posted: 30 Jun 2011 01:05 PM PDT In an attempt to expand digital payments and channel strategies, Fiserv Inc. (NASDAQ:FISV) entered into an agreement to acquire CashEdge Inc. for $465 million. |
Posted: 30 Jun 2011 01:05 PM PDT Russian mining company Mechel OAO (NYSE:MTL) recorded a net income of $309.1 million in first quarter 2011 comprehensively beating last year's consolidated net income of $82.6 million, a jump of 274.3% year over year. |
Allscripts Inks Reselling Pact Posted: 30 Jun 2011 01:05 PM PDT Electronic health record ("EHR") services provider Allscripts Healthcare Solutions (NASDAQ:MDRX) has forged a reselling deal with Georgia-based cloud-based messaging services and e-commerce solutions provider EasyLink Services International Corporation (NASDAQ:ESIC). |
Posted: 30 Jun 2011 01:05 PM PDT A leading supplier of communications equipment and services, Harris Corp. (NYSE:HRS) recently won a contract worth $56.7 million for a period of three years and six months from the FAA (Federal Aviation Administration). |
Forex – GBP/USD Down During The U.S. Session Posted: 30 Jun 2011 12:45 PM PDT Forex Pros – pros – The British Pound was lower against the U.S. Dollar on Thursday after the release of U.S. data on Chicago PMI.<br/><br/> GBP/USD was trading at 1.6059, down 0.02% at time of writing.<br/><br/> The pair was likely to find support at 1.5913, Tuesday’s low, and resistance at 1.6118, today’s high.<br/><br/> Earlier in the day, data showed that The U.S.’s Chicago PMI rose unexpectedly to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
PPL Corp. Ensures Nuclear Safety Posted: 30 Jun 2011 12:35 PM PDT PPL Corporation (NYSE:PPL) said that Unit 2 of the Susquehanna nuclear plant near Berwick, Pennsylvania resumed generation after routine maintenance outages. The outage period was extended as the company had to change some damaged turbine blades discovered during an inspection. |
Goldman Retrenches 230 Workers Posted: 30 Jun 2011 12:35 PM PDT According to a state filing on Wednesday, The Goldman Sachs Group Inc. (NYSE:GS) intends to lay off 230 workers in New York State due to economic reasons. The layoffs will be executed during the fourth quarter of 2011 and the first quarter of 2012. |
Stevie Awards For Quality Systems Posted: 30 Jun 2011 12:35 PM PDT Electronic Health Record ("EHR") service provider Quality Systems Inc. (NASDAQ:QSII) recently revealed it has bagged three Stevie awards at the 9th Annual American Business Awards ("ABA") held in New York City. Over 200 executives from around the nation took part in the selection process to choose the Stevie Award winners. |
Stevie Awards For Quality Systems Posted: 30 Jun 2011 12:35 PM PDT Electronic Health Record ("EHR") service provider Quality Systems Inc. (NASDAQ:QSII) recently revealed it has bagged three Stevie awards at the 9th Annual American Business Awards ("ABA") held in New York City. Over 200 executives from around the nation took part in the selection process to choose the Stevie Award winners. |
Happy Birthday Frederic Bastiat Posted: 30 Jun 2011 12:28 PM PDT Frederic Bastiat, the best economist most people never heard of, was born on June 30, 1801, in Bayonne France. That was 210 years ago today. On the 200th anniversary of his birth, in 2001, I was honored to be invited by the Circle de Bastiat to give the keynote address in Bastiat's honor in Dax France. I titled my remarks, "Why Bastiat is My Hero." |
NYC Approves Another Budget Change: Teachers And Programs Saved Posted: 30 Jun 2011 12:00 PM PDT 06/30/11 The New York City Council approved on Wednesday a roughly $66 billion budget that will reduce the number of public school teachers while preventing teacher … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Emerging Markets Building Highways To Wealth Posted: 29 Jun 2011 10:00 PM PDT If you think Los Angeles traffic is bad, take a look at the results of IBM's Commuter Pain Index. Last summer, IBM surveyed more than 8,000 motorists in 20 cities across 6 continents to determine the emotional and economic toll of commuting. They measured the amount of time it took to commute and time stuck in traffic along with whether there was an agreement of the following: the price of gas is already too high, traffic has gotten worse, and driving causes stress and anger. |
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