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• FREE Webinar!
• Forex – USD/JPY Down On Economic Data
• Japan’s Industrial Production Rises More-than-expected
• Forex – EUR/USD Down In Asian Trade
• Forex – USD/JPY Down During Asian Trade
• Stryker Completes Orthovita Tender
• Barrick To Win $3.3B Mining Rights
• Neutral On Forest Oil
• Microsoft Launches Office 365
• Forex – NZD/USD Down In Asian Trade
• Hudson City Downgraded
• Nissan Pins Hopes On Mexico
• Statoil Focuses On Offshore Wind
• The Day Ahead: Greece Austerity Vote; US Pending Home Sales, EIA Oil Inventories; Earnings: Family Dollar, General Mills, KB Home
• Hot Option Plays: Money Needs A Home
• Analyst Interviews: Steel Stock Review & Outlook
• GD Takes Off With Rocket Order
• Luminex Wraps Up EraGen Buy
• EPD To Enhance Texas Infrastructure
• HSBC Saudi Arm To Join SABB
• Toyota Bringing More Etios To India
• Quest Seeks Regular Colon Test
• Sprint Offers 4G WAN To Enterprises
• Bristol Presents Data On 2 Studies
• Toll Brothers Faces Rating Cut
• Diageo Gets Permit To Enter China
• CEO Spotlight: David Liu, XO Group
• Stock Watch List For Wednesday
• FMC Tech, Shell In Supply Deal
• APEI Retains Neutral Rec
• United-Air Canada JV Suspended
• Forex – EUR/USD Up At The End Of U.S. Session
• Nike Stays In Shape, Posts Strong Quarterly Earings
• Forex – USD/JPY Up Toward The End Of U.S. Session
• New Data On Abbott Candidate
• IDEX Closes Credit Facility
• BPO Eyes Australian Assets
• JCI Thrives On Advanced Battery
• Arrow Expands In China With Seed
• Closing Bell Market Monitor: NKE, ACN, YOKU
• Forex – EUR/USD Up Toward The End Of U.S. Session
• U.S. Markets Close Higher; Dow Jones Up 1.20%
• Amgen Seeks Label Expansion
• Goldman Increases Brazil Workforce
• Northern Trust Stays Neutral
• Forex – GBP/USD Up During The U.S. Session
• The Iron Law Of Intervention
• Earnings Preview: Constellation
• Standard Motor Stays At Outperform
• Novo Nordisk Presents Data
• Forex – USD/CHF Down In U.S. Trading Hours
• Discussing Gold Equities With Squawk Box

FREE Webinar! Posted: 28 Jun 2011 05:13 PM PDT The great folks at TTTHedge.com have invited me to speak in their trading room – again! This will be a casual market discussion covering a range of market outlooks – and it's FREE, so make sure you join us! The Details The discussion begins at Noon ET on Thursday June 30th, so it'll be a nice way to spend the lunch time doldrums. Use the following link and enter a guest name to join us Thursday: http://ttthedge.acrobat.com/traders. I'll be providing my views on the current market, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down On Economic Data Posted: 28 Jun 2011 05:11 PM PDT Forex Pros – pros – The U.S. Dollar was lower against the Japanese Yen on Wednesday after the release of Japanese data on Industrial Production.<br/><br/> USD/JPY was trading at 81.10, down 0.03% at time of writing.<br/><br/> The pair was likely to find support at 80.13, Friday&rsquo;s low, and resistance at 81.27, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, preliminary data showed that Industrial production in Japan rose more-than-expected … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Japan’s Industrial Production Rises More-than-expected Posted: 28 Jun 2011 05:07 PM PDT Forex Pros – pros – Industrial production in Japan rose more-than-expected last month, preliminary data showed on Tuesday.<br/><br/>In a report, the Ministry of Economy, Trade and Industry said that industrial production rose to a seasonally adjusted 5.7%, from 1.6% in the preceding month.<br/><br/>Analysts had expected industrial production to rise 5.5% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down In Asian Trade Posted: 28 Jun 2011 05:06 PM PDT Forex Pros – pros – The Euro was lower against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4352, down 0.13% at time of writing.<br/><br/> The pair was likely to find support at 1.4103, Monday&rsquo;s low, and resistance at 1.4397, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.03% to hit 0.8979 and EUR/JPY falling 0.15% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down During Asian Trade Posted: 28 Jun 2011 04:16 PM PDT Forex Pros – pros – The U.S. Dollar was lower against the Japanese Yen on Tuesday.<br/><br/> USD/JPY was trading at 81.09, down 0.05% at time of writing.<br/><br/> The pair was likely to find support at 80.13, Friday&rsquo;s low, and resistance at 81.27, today&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.10% to hit 1.4356 and GBP/USD falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stryker Completes Orthovita Tender Posted: 28 Jun 2011 04:05 PM PDT Orthopedic devices major Stryker Corp (NYSE:SYK) reported the successful completion of its $3.85 per share tender offer for its previously-announced acquisition of Pennsylvania-based orthobiologic and biosurgery products maker Orthovita Inc (NASDAQ:VITA). The offer, which was launched in May 2011 through the Michigan-based devices maker's indirect wholly owned subsidiary Owl Acquisition Corporation, expired at midnight June 24, 2011. Shareholders holding roughly 87.6% of Orthovita's outstanding … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Barrick To Win $3.3B Mining Rights Posted: 28 Jun 2011 04:05 PM PDT Barrick Gold Corporation (NYSE:ABX) and its Chilean-based partner Antofagasta are likely to succeed mining rights for a $3.3 billion copper and gold project in Pakistan. Tethyan Copper Co. (TCC), a joint venture between Barrick Gold and Antofagasta, one of the world’s largest copper miners, has been granted an exploration license for the Reko Diq site. Tethyan, formerly a subsidiary of Australia’s Mincor Resources, has a 75% interest, and the remaining 25% are with the Balochistan government. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Neutral On Forest Oil Posted: 28 Jun 2011 04:05 PM PDT We are reiterating our Neutral recommendation on Denver-based Forest Oil Corporation (NYSE:FST). An independent oil and gas company engaged in the acquisition, exploration, production and development of hydrocarbon properties in North America is expected to witness margin expansion going forward owing to its exploration activities. However, its reduced 2011 production volume keeps us skeptical for the time being. In order to maximize its margins, Forest Oil remains proactive in expanding its … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Microsoft Launches Office 365 Posted: 28 Jun 2011 03:57 PM PDT 06/28/11 Microsoft unveiled Office 365, the online version of its productivity applications. The cloud-based service is accessible from web browsers and mobile … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Down In Asian Trade Posted: 28 Jun 2011 03:36 PM PDT Forex Pros – pros – The New Zealand Dollar was lower against the U.S. Dollar on Tuesday.<br/><br/> NZD/USD was trading at 0.8108, down 0.17% at time of writing.<br/><br/> The pair was likely to find support at 0.8009, Monday&rsquo;s low, and resistance at 0.8178, Thursday&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.18% to hit 1.2999 and EUR/NZD rising 0.14% to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hudson City Downgraded Posted: 28 Jun 2011 03:35 PM PDT We are downgrading our recommendation on Hudson City Bancorp Inc. (NASDAQ:HCBK) to Underperform from Neutral considering its fundamentals, dividend cut, restructuring initiatives and the current low interest rate environment. Hudson City reported a loss of $555.7 million or $1.13 per share on a GAAP basis in the first quarter of 2011 due to the completion of balance sheet restructuring during the quarter. Yet, operating earnings of 19 cents per share were significantly better than the Zacks … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Nissan Pins Hopes On Mexico Posted: 28 Jun 2011 03:35 PM PDT Nissan Motor Co. (NASDAQ:NSANY) revealed that it anticipates production level to go up by 20% at its Mexican operations in 2011 compared with 2010. In 2010, it produced 506,494 vehicles. The company has considered Mexico as one of its fast-growing markets like Brazil in Latin America. It is the second-biggest automaker in the country after General Motors Company (NYSE:GM). Recently, Nissan provided its guidance for fiscal year ended March 31, 2012. The company revealed that it expects a 15.4% fall … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Statoil Focuses On Offshore Wind Posted: 28 Jun 2011 03:35 PM PDT Norway-based Statoil ASA (NYSE:STO), through its subsidiary, has signed two contracts for the sale of a major part of its key onshore wind power assets. This forms a part of Statoil's endeavors to concentrate on the offshore market. The first contract consists of the sale of 50% holding in five energy projects on the central Norwegian coast — collectively called Sarepta Energi — to Tronder Energi  Kraft AS. The other contract is for the sale of wind power projects in Finnmark (northern … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Day Ahead: Greece Austerity Vote; US Pending Home Sales, EIA Oil Inventories; Earnings: Family Dollar, General Mills, KB Home Posted: 28 Jun 2011 10:20 AM PDT 06/28/11 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: Money Needs A Home Posted: 28 Jun 2011 03:17 PM PDT Cusick’s Corner While riots were going on in the streets of Athens, the market keep chugging along. Three of the four offensive sectors, XLI, XLK, XLY, were outperforming the major benchmark, S&P 500. The dollar, bonds and volatility all pulled back. There is now a lot of money that is in need of a home, especially with the steep sell off at the end of the day in Bonds. And with the end of the month and quarter upon us, there is not much selling that is getting in the way of this rally, not … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Analyst Interviews: Steel Stock Review & Outlook Posted: 28 Jun 2011 03:03 PM PDT The World Steel industry is rather concentrated in structure, with a few producers accounting for the lion's share of sales. Steel products are classified into four broad categories: flat steel products, long steel products, scrap and semi-finished products. Flat products include plates, hot-rolled strip and sheets and cold-rolled strip and sheets. The long steel product category comprises wire rods, beams, reinforced bars and merchant bars. The products under both these categories are … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GD Takes Off With Rocket Order Posted: 28 Jun 2011 03:03 PM PDT General Dynamics Corp. (NYSE:GD) said it has won a $286 million contract from the U.S. Army to manufacture air-to-ground rockets. The contract was awarded by the U.S. Army Contracting Command in Redstone Arsenal, Alabama, exercising option for fiscal year 2011 on an existing contract. Under the contract, General Dynamics' Armament and Technical Products wing will produce the Hydra-70 rockets and deliver by April 2015. The Army orders are for all branches of the U.S. military and select … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Luminex Wraps Up EraGen Buy Posted: 28 Jun 2011 03:03 PM PDT Luminex Corporation (NASDAQ:LMNX), a developer of biological testing technologies, has completed its previously-announced acquisition of privately-held diagnostic testing company EraGen Biosciences, Inc. for $34 million in cash. The companies struck a definitive agreement on June 21. Madison, Wisconsin-based EraGen, with annual sales of $8 million, makes molecular reagent products for infectious diseases and genetic-based conditions. The company's products are based on its proprietary MultiCode … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EPD To Enhance Texas Infrastructure Posted: 28 Jun 2011 03:03 PM PDT Encouraged by the mounting production volume at the Eagle Ford Shale in South Texas, Enterprise Products Partners L.P. (NYSE:EPD) has plans to install a sixth natural gas liquid (NGL) fractionator, with a capacity of 75,000 barrels per day (BPD), at the Mont Belvieu complex in the state. The partnership has already gained customary approvals as well as permits to initiate construction of the new facility without any delay. The unit is expected to be in service in early 2013. Subsequently, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

HSBC Saudi Arm To Join SABB Posted: 28 Jun 2011 03:02 PM PDT HSBC Holdings Plc (NYSE:HBC) announced that its Saudi Arabian wholesale and investment banking unit, HSBC Saudi Arabia, would merge with SABB Securities Ltd., a wholly-owned brokerage and custody business unit of The Saudi British Bank. However, the company did not disclose the terms of the deal. HSBC will have a 49% stake in the new entity, which will be named HSBC Saudi Arabia Ltd. Although the remaining 51% stake will be held by SABB, HSBC will have a full management control of the new … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Toyota Bringing More Etios To India Posted: 28 Jun 2011 03:02 PM PDT Toyota Motor Corp. (NYSE:TM) plans to increase its annual production capacity in India to 210,000 vehicles from 150,000 in the first half of 2012 in order to meet rising demand for its newly launched sedan, Etios. The expansion would require an investment of about ¥4.9 billion ($60.9 million). Etios, launched in December last year, has been developed solely for the Indian market by Toyota Kirloskar – the joint venture between the Japanese carmaker and the Indian Kirloskar group. Recently, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Quest Seeks Regular Colon Test Posted: 28 Jun 2011 02:35 PM PDT Leading diagnostics player Quest Diagnostics (NYSE:DGX) is dissatisfied with the outcome of a nationwide study that it had carried out along with the Colon Cancer Alliance. The data demonstrated that one in three of men and women aged 60-70 have been screened for colon cancer only once. However, the medical guidelines suggest periodic testing after initial screening at age 50 by colonoscopy and other methods. Recommended screening tests include colonoscopy (every 10 years), flexible sigmoidoscopy … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Sprint Offers 4G WAN To Enterprises Posted: 28 Jun 2011 02:35 PM PDT The third-largest U.S. wireless carrier, Sprint Nextel Corp. (NYSE:S) has announced that it will offer Fourth Generation (4G) Enterprise Wide Area Network (WAN) to its corporate customers. The 4G Enterprise WAN is a fixed wireless access that promises faster, better and secure service on the Sprint Global Multiprotocol Label Switching (MPLS) network. Sprints' Enterprise 4G WAN will encourage its customers to shift from the traditional wireline access. The service addresses significant issues … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bristol Presents Data On 2 Studies Posted: 28 Jun 2011 02:35 PM PDT Recently, Bristol-Myers Squibb Company (NYSE:BMY) and partner AstraZeneca (NYSE:AZN) presented encouraging data from two late-stage studies which evaluated their type II diabetes candidate dapagliflozin in conjunction with the extended-release version of metformin (XR). Data from the two 24-week studies, which evaluated adults suffering from type II diabetes, were presented at the American Diabetes Association (ADA) Scientific Sessions. Data from the studies revealed that there was a significant … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Toll Brothers Faces Rating Cut Posted: 28 Jun 2011 02:35 PM PDT Toll Brothers Inc. (NYSE:TOL) has been recently downgraded by Standard & Poor's Rating Services to a “BB-plus” status from a prior “BBB-minus." The cut in corporate credit rating implies the company's weak prospects in the near term. The housing market is still in a fragile stage and thus the spring home sale season is likely to disappoint the homebuilders. Standard & Poor, however, maintained its stable outlook on the company based on Toll Brothers' satisfactory business profile … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Diageo Gets Permit To Enter China Posted: 28 Jun 2011 02:35 PM PDT The world's largest spirits group, Diageo Plc. (NYSE:DEO), got approval of the Chinese authorities to increase its stake in the Quanxing Group, a Chinese white spirits group based in Sichuan Province, taking its share to 53 per cent. On being the majority shareholder of Quanxing Group (which is 40% holder of Sichuan Swellfun Co.) Diageo gets the indirect control of Shuijingfang, the signature brand of Sichuan Swellfun. Shuijingfang is a famous brand of baijiu, a fiery spirit, which boasts being … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CEO Spotlight: David Liu, XO Group Posted: 28 Jun 2011 02:25 PM PDT 06/28/11 XO Group began trading on the NYSE under ticker symbol, “XOXO.” David Liu, CEO of XO Group, talks about the company’s business outlook and overseas … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Watch List For Wednesday Posted: 28 Jun 2011 02:18 PM PDT   ( click to enlarge ) WellCare Health Plans, Inc. (NYSE:WCG) caught my eye today because the stock has a bullish posture without looking overbought and overextended. The stock has been consolidating the last several days and just broke out today on considerable volume. I’m suggesting small bullish positions now.    ( click to enlarge ) GT Solar International, Inc. (NASDAQ:SOLR) has been on my list a few times and it is back on for Wednesday. The stock made a new 52-week high on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

FMC Tech, Shell In Supply Deal Posted: 28 Jun 2011 02:02 PM PDT Offshore oilfield equipment manufacturer FMC Technologies Inc. (NYSE:FTI) entered into an agreement with the Australian unit of Royal Dutch Shell plc (RDS.A) for the supply of subsea production and associated topside systems. These equipments will be utilized for the development of Shell's Prelude field in Broome, Western Australia. Under the terms of the deal, the Australian subsidiary of FMC Technologies would execute installation and commissioning services of the project. The company expects … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

APEI Retains Neutral Rec Posted: 28 Jun 2011 02:02 PM PDT American Public Education (NASDAQ:APEI) has carved a unique niche for itself in the online post secondary education industry by focusing on recruits serving the U.S. military as well as federal, national, and local law enforcement personnel. Moreover, the company's part-time programs are well suited to irregular and extended work schedules of these personnel with limited financial recourses who travel and relocate frequently. This provides a significant upside potential for the company. American … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

United-Air Canada JV Suspended Posted: 28 Jun 2011 02:02 PM PDT The Canadian regulator has blocked the extended alliance between the largest U.S. airline United Continental Holdings Inc. (UAL) and Canada's No. 1 air carrier Air Canada on antitrust grounds. Currently, the carriers are jointly managing their fares and schedules as well as marketing transborder flights through their existing joint venture. In October 2010, the carriers proposed to enhance their joint venture agreement by combining revenues mutually on all of their Canadian and U.S. … [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: 28 Jun 2011 01:55 PM PDT Forex Pros – pros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on CB Consumer Confidence.<br/><br/> EUR/USD was trading at 1.4370, up 0.57% at time of writing.<br/><br/> The pair was likely to find support at 1.4103, Monday&rsquo;s low, and resistance at 1.4397, today&rsquo;s high.<br/><br/> Earlier in the day, data showed that CB consumer confidence in the U.S. fell more-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Nike Stays In Shape, Posts Strong Quarterly Earings Posted: 28 Jun 2011 08:45 AM PDT 06/28/11 Nike Inc. reported a stronger-than-expected quarterly earnings on a rise in revenue and strength in future … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Up Toward The End Of U.S. Session Posted: 28 Jun 2011 01:41 PM PDT Forex Pros – pros – The U.S. Dollar was higher against the Japanese Yen on Tuesday after the release of U.S. data on CB Consumer Confidence.<br/><br/> USD/JPY was trading at 81.10, up 0.26% at time of writing.<br/><br/> The pair was likely to find support at 80.13, Friday&rsquo;s low, and resistance at 81.27, today&rsquo;s high.<br/><br/> Earlier in the day, data showed that CB consumer confidence in the U.S. fell more-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

New Data On Abbott Candidate Posted: 28 Jun 2011 01:35 PM PDT Abbott Labs (NYSE:ABT) and partner Reata Pharmaceuticals, Inc. recently announced the presentation of new phase II data on bardoxolone methyl. In addition to being posted online in The New England Journal of Medicine, the data were also presented at the European Renal Association-European Dialysis and Transplant Association (ERA-EDTA) Congress. The phase II BEAM study was conducted in patients with moderate to severe chronic kidney disease and type II diabetes. Results showed that patients … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

IDEX Closes Credit Facility Posted: 28 Jun 2011 01:35 PM PDT IDEX Corporation (NYSE:IEX) announced the completion of its $700 million new five-year senior revolving credit facility with a consortium of 12 financial institutions. The credit facility was co-led by Bank of America (NYSE:BAC), JP Morgan Chase (NYSE:JPM), and Wells Fargo (NYSE:WFC). The co-documentation agents included Mizuho Corporate Bank, Ltd., The Bank of Tokyo-Mitsubishi UFJ, Ltd., and U.S. Bank. The proceeds will substitute the credit facility of $600 million, which is due to expire in December … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BPO Eyes Australian Assets Posted: 28 Jun 2011 01:35 PM PDT Brookfield Office Properties Inc. (NYSE:BPO) is all set to acquire two office towers in Melbourne and Perth, respectively, named Southern Cross West and Bank West Tower for a total consideration of approximately $263 million. The acquisition will be managed by Brookfield Prime Property Fund, the company's 73% owned vehicle and will be funded through a combination of available liquidity and debt. Brookfield's Melbourne portfolio is 99.7% leased primarily comprising four properties spanning 2.5 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

JCI Thrives On Advanced Battery Posted: 28 Jun 2011 01:35 PM PDT Johnson Controls Inc. (NYSE:JCI) plans to invest $138.5 million to convert its battery plant near Toledo, Ohio into an Absorbent Glass Mat (AGM) battery facility. The AGM battery facility, the first in the U.S., will help the company manufacture Start-Stop and other batteries for high efficiency vehicles. The investment will expand the existing capacity of AGM batteries by 6 million units in North America. It will also add 50 jobs to the existing 400jobs at the plant. Construction of the plant is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Arrow Expands In China With Seed Posted: 28 Jun 2011 01:35 PM PDT New York-based electronics parts distributor Arrow Electronics, Inc. (NYSE:ARW) recently signed a definitive agreement to acquire all of the assets and operations of the distribution business of Seed International Ltd. in a move to strengthen its presence in China. Headquartered in Beijing, China, Seed is a value-added distributor of embedded products with 14 offices across China. The company primarily distributes products of Texas Instruments (NYSE:TI) products, and is well known in China as a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Closing Bell Market Monitor: NKE, ACN, YOKU Posted: 28 Jun 2011 08:30 AM PDT 06/28/11 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 Toward The End Of U.S. Session Posted: 28 Jun 2011 01:25 PM PDT Forex Pros – pros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on CB Consumer Confidence.<br/><br/> EUR/USD was trading at 1.4365, up 0.54% at time of writing.<br/><br/> The pair was likely to find support at 1.4103, Monday&rsquo;s low, and resistance at 1.4397, today&rsquo;s high.<br/><br/> Earlier in the day, data showed that CB consumer confidence in the U.S. fell more-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Markets Close Higher; Dow Jones Up 1.20% Posted: 28 Jun 2011 01:11 PM PDT Forex Pros – pros – U.S. stocks were up after the closing bell on Tuesday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average rose 1.20%, the S&P 500 index gained 1.29%, while the Nasdaq 100 index climbed 1.49%.<br/><br/> Earlier in the day, data showed that CB consumer confidence in the U.S. fell more-than-expected to a seasonally adjusted 58.5 last month from 61.7 in the preceding month whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Amgen Seeks Label Expansion Posted: 28 Jun 2011 01:02 PM PDT Amgen (NASDAQ:AMGN) is looking to gain approval for additional indications of Xgeva. The company recently submitted a supplemental Biologics License Application (sBLA) seeking US Food and Drug Administration (FDA) approval for Xgeva (denosumab) for the reduction of the risk of developing bone metastases in men with castrate-resistant prostate cancer. Approval would make Xgeva the first therapy for the prevention or delay of the spread of cancer to the bone. Amgen's application is based on data … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Goldman Increases Brazil Workforce Posted: 28 Jun 2011 01:02 PM PDT Goldman Sachs Group Inc. (NYSE:GS) plans to augment its workforce in Brazil by approximately 20% in 2011. The company aims to increase its hiring following growth in the Brazilian economy compared to its home market. Goldman's Brazilian unit has headcount of about 300 so far this year compared to 200 in 2010. Further, the unit intends to invest in asset management, research, private banking, sales, investment banking and trading. Goldman has experienced a considerable amount of growth in Brazil … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Northern Trust Stays Neutral Posted: 28 Jun 2011 01:02 PM PDT We are maintaining our Neutral recommendation on Northern Trust Corporation (NASDAQ:NTRS) based on favorable acquisition spree and global expansions of the company. In May 2011, Northern Trust agreed to acquire Omnium LLC, a leading hedge fund administrator, from Citadel. The acquisition of Omnium, which has around $70 billion in assets under administration, will enhance Northern Trust's capabilities and create an industry-leading hedge fund administration platform for institutional investors. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up During The U.S. Session Posted: 28 Jun 2011 12:56 PM PDT Forex Pros – pros – The British Pound was higher against the U.S. Dollar on Tuesday after the release of U.S. data on CB Consumer Confidence.<br/><br/> GBP/USD was trading at 1.5993, up 0.02% at time of writing.<br/><br/> The pair was likely to find support at 1.5913, today&rsquo;s low, and resistance at 1.6066, Thursday&rsquo;s high.<br/><br/> Earlier in the day, data showed that CB consumer confidence in the U.S. fell more-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Iron Law Of Intervention Posted: 28 Jun 2011 12:53 PM PDT Economist Art Carden identifies what he calls an Iron Law of Intervention in his recent Forbes column: “If you want to make a problem worse, pass a law to fix it.” Art illustrates the law by explaining how price gouging laws actually make conditions much worse, not better, for the victims of natural disasters like the recent tornadoes in Alabama and Missouri. Other examples of the Iron Law would be: a) rent control laws, which worsen shortages of affordable housing, and b) minimum wage laws … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Constellation Posted: 28 Jun 2011 12:35 PM PDT Constellation Brands Inc. (NYSE:STZ) is scheduled to release its first-quarter 2012 results on Thursday, June 30, 2011. The Zacks Consensus Estimate is pegged at 38 cents a share for the first quarter of fiscal 2012, flat year over year. Fourth Quarter Performance       Constellation Brands delivered an adjusted EPS of 35 cents in its fourth quarter ended February 28, 2011, outperforming the Zacks Consensus Estimate of 26 cents and improving 30% from 27 cents in the prior-year … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Standard Motor Stays At Outperform Posted: 28 Jun 2011 12:35 PM PDT We reiterate our Outperform recommendation on Standard Motor Products Inc. (NYSE:SMP), which is one of the nation's leading manufacturers, distributors and marketers of automotive replacement parts. The company presently operates through two primary segments: Engine Management and Temperature Control.    Standard Motor released its 2011 first quarter financial results on May 04, 2011.  The company earned a net income of $7.1 million or $0.31 per share from continuing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Novo Nordisk Presents Data Posted: 28 Jun 2011 12:35 PM PDT Recently, Novo Nordisk (NVO) presented data from two extension studies of its lead diabetes drug Victoza at the American Diabetes Association. Victoza is currently marketed as a once-daily human Glucagon-Like Peptide- 1 (GLP-1) analogue for the treatment of type II diabetes. The first study showed that treatment with Victoza (once daily) in combination with metformin and/or sulfonylurea caused more patients to achieve control over their blood sugar levels compared to those treated with other … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Down In U.S. Trading Hours Posted: 28 Jun 2011 12:32 PM PDT Forex Pros – pros – The U.S. Dollar was lower against the Swiss Franc on Tuesday after the release of U.S. data on CB Consumer Confidence.<br/><br/> USD/CHF was trading at 0.8320, down 0.39% at time of writing.<br/><br/> The pair was likely to find support at 0.8276, today&rsquo;s low, and resistance at 0.8438, Thursday&rsquo;s high.<br/><br/> Earlier in the day, data showed that CB consumer confidence in the U.S. fell more-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Discussing Gold Equities With Squawk Box Posted: 27 Jun 2011 10:00 PM PDT Contrary to gold equities' long-term trend of outperformance, gold companies have lagged the price of bullion since late April. Early this week, I visited CNBC headquarters and sat down with Squawk Box anchor Becky Quick about one factor I believe will cause gold companies to rebound. A few years ago, mining companies used their cash flows to acquire and develop resources; today, they are beginning to use cash to pay a dividend. During these volatile times with erratic stock prices, dividends … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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