DailyMarkets.com - MIT’s BPP Monthly Inflation Rate Falls To 5-Month Low

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• MIT’s BPP Monthly Inflation Rate Falls To 5-Month Low
• Forex – EUR/USD Up In Asian Trade
• Euro: Barometer Of Risk Appetite Forming A Top?
• Hot Option Plays: Greece Is The Word
• Forex – USD/JPY Down During Asian Trade
• Facebook To Top Ad Revenue List
• Apache Strikes Oil In Egypt
• Apache Strikes Oil In Egypt
• URS Wins Indiana Contract
• Forex – NZD/USD Down In Asian Trade
• The Day Ahead: Greek Confidence Vote, FOMC Meeting, US Existing Home Sales; Earnings: Adobe, Barnes & Noble, Walgreens; RBA Minutes
• Best Buy Keeps Neutral Rec
• FISV & DLLR Expand Relationship
• Alliant Gears To Boost Aircraft Biz
• Goodrich Provides SW For Airbus
• Caterpillar Increasing Texan Plant
• Unemployment Rates In May Fall In Fewer Than Half Of States
• Ford Revs Up Lincoln Promotion
• Lexmark Wins MPS Deal
• Fannie Spurs Foreclosure Sales
• The Cheap “Ones”
• Petrobras Acquires Stake In Gabon
• Atmel Powers Samsung’s Tablet
• Closing Bell Market Monitor: BA, PNC, HRBN, CAT
• Stock Market Summary For Monday, June 20, 2011
• Forex – EUR/USD Down At The End Of U.S. Session
• QE2 = 5.0%
• Sprint, LightSquared In 4G Deal
• Forex – USD/JPY Up Toward The End Of U.S. Session
• Allstate Announces Cat Losses
• Twin Bank Failures, Tally Hits 47
• EUR/USD Oscillates On Headlines From IMF And Eurogroup’s Juncker As Greece Drama Continues
• Forex – EUR/USD Down Toward The End Of U.S. Session
• U.S. Markets Close Higher; Dow Jones Up 0.63%
• AmEx Issues Notes
• Sears Lays Off, Focuses On Sales
• P&G Defers Product Launch
• EDAP Lithotriptors Cleared In Asia
• Forex – GBP/USD Up During The U.S. Session
• What To Expect From The Fed
• Garmin Acquires Navigon
• Earnings Preview: BBBY
• AMMD Starts Implant Registry
• Forex – USD/CHF Down In U.S. Trading Hours
• School Specialty Posts A Loss
• Silgan Bows Out Of Graham Race
• Forex – USD/CAD Up In U.S. Trade
• United Airlines Resumes Operations
• CTIC Posts Positive Pixantrone Data
• Warnaco Completes Debt Offering
• Indonesia’s Emerging-Market Growth Story
• Forex – EUR/USD Up In U.S. Trading Hours
• Will Gold Equity Investors Strike Gold?

MIT’s BPP Monthly Inflation Rate Falls To 5-Month Low Posted: 20 Jun 2011 05:17 PM PDT The Billion Prices Project @ MIT has just been updated with daily price data through June 1, and is reflecting moderating inflationary pressures that have fallen to a new 5-month low (see chart above of monthly inflation rates since 12/25/2010).  From a high of about 0.85% for the monthly inflation rate in late February, inflation has fallen to about 0.32% for the month ending June 1, and has been trending steadily downward for the last three months to the lowest level since late January. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up In Asian Trade Posted: 20 Jun 2011 05:05 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4357, up 0.37% at time of writing.<br/><br/> The pair was likely to find support at 1.4074, Thursday&rsquo;s low, and resistance at 1.4384, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.20% to hit 0.8846 and EUR/JPY rising 0.33% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Euro: Barometer Of Risk Appetite Forming A Top? Posted: 20 Jun 2011 04:35 PM PDT The big three-to-six month trends in the euro have been fairly easy to follow since the 2008 credit crisis. I am going to recap just how easy it was to give you an idea of how we can continue doing it in the future. Once we understand the dynamics of currency movement over longer time frames, we can make high-probability guesstimates about the next trend. As the S&P 500 continued to crater to new lows in early March of 2009, I wrote the technical analysis view on the single currency for the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Greece Is The Word Posted: 20 Jun 2011 04:17 PM PDT Cusick’s Corner The market held into the After Hours and now overnight and into the early morning, all eyes will be on the Vote in Greece. The wild card here is if the Greeks do not vote confidence in the government and hold up the austerity, then default is a hotter button issue again for the EU. So once this matter is in the market, we will start to focus on our Fed meeting and the fate of future QE. Again I am concerned about the lag effect in Tech, QQQ, and lack of any upside follow through … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down During Asian Trade Posted: 20 Jun 2011 04:15 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Monday.<br/><br/> USD/JPY was trading at 80.25, down 0.01% at time of writing.<br/><br/> The pair was likely to find support at 80.01, Friday&rsquo;s low, and resistance at 81.06, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.21% to hit 1.4334 and GBP/USD rising 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Facebook To Top Ad Revenue List Posted: 20 Jun 2011 03:57 PM PDT 06/20/11 Facebook is expected to take the top spot in the US online display advertising market. eMarketer forecasts Facebook’s ad revenue to bring in more than $2 billion in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Apache Strikes Oil In Egypt Posted: 20 Jun 2011 03:35 PM PDT U.S.energy firm Apache Corp. (NYSE:APA) announced five new oil discoveries in Egypt's Western Desert, building on the integrated energy company's leading position in this hydrocarbon-rich area. The latest finds in the Faghur basin play – West Kalabsha-I-4, Faghur North-1X, Faghur South-1X, Huni-1X and Neith North-1X – logged a combined 189 feet of net pay of oil and gas. We believe that the exploration successes will boost Apache's growth prospects in Egypt by adding to its already … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Apache Strikes Oil In Egypt Posted: 20 Jun 2011 03:35 PM PDT U.S.energy firm Apache Corp. (NYSE:APA) announced five new oil discoveries in Egypt's Western Desert, building on the integrated energy company's leading position in this hydrocarbon-rich area. The latest finds in the Faghur basin play – West Kalabsha-I-4, Faghur North-1X, Faghur South-1X, Huni-1X and Neith North-1X – logged a combined 189 feet of net pay of oil and gas. We believe that the exploration successes will boost Apache's growth prospects in Egypt by adding to its already … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

URS Wins Indiana Contract Posted: 20 Jun 2011 03:35 PM PDT URS Corporation (NYSE:URS) received a contract for its engineering, procurement, and construction services from Hoosier Energy Rural Electric Cooperative Inc. The services are to upgrade the present flue gas desulfurization systems at Hoosier Energy's Merom Generating Station in Indiana. It is expected to be completed by the summer of 2013. The contract for URS is valued at $113 million. The Merom Generating Station has been receiving engineering services from URS Corp. since May 2009. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Down In Asian Trade Posted: 20 Jun 2011 03:35 PM PDT Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Monday.<br/><br/> NZD/USD was trading at 0.8101, down 0.01% at time of writing.<br/><br/> The pair was likely to find support at 0.7973, Thursday&rsquo;s low, and resistance at 0.8182, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.06% to hit 1.3066 and EUR/NZD rising 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Day Ahead: Greek Confidence Vote, FOMC Meeting, US Existing Home Sales; Earnings: Adobe, Barnes & Noble, Walgreens; RBA Minutes Posted: 20 Jun 2011 10:20 AM PDT 06/20/11 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

Best Buy Keeps Neutral Rec Posted: 20 Jun 2011 03:10 PM PDT We reiterate our long-term Neutral recommendation on Best Buy Company Inc. (NYSE:BBY), one of the leading specialty retailers of consumer electronic products, home office products, entertainment software, appliances and related services, with a price target of $32.00. Best Buy's customer-centric operating model remains the driving factor behind its growth. The company tailors its store merchandising, staffing, marketing and presentation to meet the distinct needs of targeted customers. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

FISV & DLLR Expand Relationship Posted: 20 Jun 2011 03:05 PM PDT Fiserv Inc. (NASDAQ:FISV) recently announced that it has expanded its partnership with Dollar Bank, an independent mutual savings bank in the US, by combining all of Dollar Bank’s consumer loans onto the LoanServ platform. The financial terms of the deal were not disclosed. LoanServ is a single-platform, real-time solution that consolidates mortgage loans, consumer loans, indirect financing, home equity loans and lines-of-credit and distressed-loan functionality into one core system. With this … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Alliant Gears To Boost Aircraft Biz Posted: 20 Jun 2011 03:05 PM PDT Alliant Techsystems Inc. (NYSE:ATK), at the Paris Air Show, announced that its state-of-the-art Aircraft Commercial Center of Excellence (ACCE) in Clearfield, Utah, is soon to go online. Alliant expects the opening of this facility to take the company's aircraft composite business to the next level. Spread across an area 615,000 square feet, the new consolidated manufacturing center will create a full spectrum engineering and manufacturing center for commercial composite aircraft structures and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Goodrich Provides SW For Airbus Posted: 20 Jun 2011 03:05 PM PDT Goodrich Corporation (NYSE:GR) has been selected by Cassidian to provide the TERPROM terrain referenced navigation ("TRN") system for the Airbus Military A400M versatile airlifter. Cassidian is part of The European Aeronautic Defence and Space Company N.V. ("EADS"). EADS, the European owner of aircraft maker Airbus, is a global pan-European aerospace and defense company and a leading defense and military contractor worldwide. The system will be provided by Goodrich’s Sensors and Integrated … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Caterpillar Increasing Texan Plant Posted: 20 Jun 2011 03:05 PM PDT Caterpillar Inc. (NYSE:CAT), in its drive to become the global leader in the excavator industry, will further expand its under construction, state-of-the-art, 850,000-square-foot manufacturing facility in Victoria, Texas by an additional 200,000 square feet at an added cost of $70 million. The facility will more than treble its existing capacity of hydraulic excavators and will include the addition of selected fabrication manufacturing for excavator production. Caterpillar had earlier announced … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Unemployment Rates In May Fall In Fewer Than Half Of States Posted: 20 Jun 2011 10:00 AM PDT 06/20/11 According to the US Labor Department, unemployment rates fell in fewer than half of the US states during May in yet another sign of slowing job growth in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Ford Revs Up Lincoln Promotion Posted: 20 Jun 2011 02:25 PM PDT Ford Motor Co. (NYSE:F) plans to invest $1 billion for developing its only surviving luxury line, Lincoln. The automaker will roll out seven all-new or significantly upgraded new generation Lincoln models by 2015, including a small car in 2014. Last year, Ford decided to expand its luxury Lincoln line-up at the cost of its Mercury line-up, which completely phased out by the end of 2010. The company suspended production of its Mercury branded vehicles in the fourth quarter of last year and started … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Lexmark Wins MPS Deal Posted: 20 Jun 2011 02:25 PM PDT Leading printing and imaging solutions provider Lexmark International Inc. (NYSE:LXK) won a 3-year contract from a renowned tire and auto repair company TBC Corporation. Financial terms of the deal were not disclosed. Per the contract terms, Lexmark will provide its Managed Printing Services (MPS) to TBC Corp, which aims to upgrade and reduce operational costs of its printing environment. Apart from this, Lexmark will enhance the manner in which TBC Corp handles and orders printer … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Fannie Spurs Foreclosure Sales Posted: 20 Jun 2011 02:25 PM PDT Observing a downswing in foreclosed property sales, Fannie Mae (FNMA) is trying to lure buyers with attractive incentives. Fannie Mae started providing incentives to foreclosed home buyers in 2010, but it will now enhance its offers to increase sales of foreclosed homes it owns. Though the incentives are expected to bring some relief for Fannie Mae by reducing its burden related to foreclosed homes to some extent, its success is still in doubt as the regulators have still not been able to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Cheap “Ones” Posted: 20 Jun 2011 02:25 PM PDT Firms for which the market's expectations of the future are low tend to be very cheap statistically. There is a very large body of research that suggests that over time you do much better buying cheap firms than expensive ones, even if the expensive ones seem to have the hot products and the buzz around them. However, you can also get stuck in a "value trap" — a stock that is cheap for a reason and simply sits at low multiples for long periods of time without much improvement in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Petrobras Acquires Stake In Gabon Posted: 20 Jun 2011 02:05 PM PDT Brazilian oil giant Petróleo Brasileiro S.A. or Petrobras (NYSE:PBR) has acquired 50% stake in two exploration blocks offshore Gabon. The company did not disclose the financial details of the deal, which was executed through the wholly owned subsidiary Petrobras Participaciones S.L. The blocks, Ntsina Marin and Mbeli Marin, are located in the Costeira Basin covering an area of 6,683 square kilometers and at water depth of up to 2,400 meters, on the Western Coast of Africa. These were owned by … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Atmel Powers Samsung’s Tablet Posted: 20 Jun 2011 02:05 PM PDT Atmel Corporation (NASDAQ:ATML) recently announced that Samsung has selected – Atmel maXTouch mXT1386, one of the company's touch screen solutions, to power its flagship model Galaxy Tab 10.1. Atmel maXTouch continues to drive a number of touch devices from smartphones to 7-inch tablets and is now encouraged to power one of the hottest Android tablets in the market. Management stated that the new tablet will give consumers a phenomenal touch experience. With the acquisition of Quantum in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Closing Bell Market Monitor: BA, PNC, HRBN, CAT Posted: 20 Jun 2011 02:00 PM PDT 06/20/11 The latest in news, commentary, and information on what’s moving the US equities … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Market Summary For Monday, June 20, 2011 Posted: 20 Jun 2011 01:57 PM PDT STOCK MARKET DIRECTION Short Term: Bearish Long Term: Bearish STOCK FOCUS LIST Short Term Bullish: None Short Term Bearish: AAPL, BIDU, LULU, MELI, NTES, PCLN, RBCN, SOHU, VECO Long Term Bullish: MELI, VECO Long Term Bearish: AAPL, BIDU, LULU, NTES, PCLN, RBCN, SOHU COMMENTS Stocks in the focus (AAPL, MELI) list that moved on material volume were down at least 1.5% with the DJIA, S&P 500, and Nasdaq Composite up at least 0.5%. 8 of 9 sectors were higher but on below average … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down At The End Of U.S. Session Posted: 20 Jun 2011 01:55 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4304, down 0.06% at time of writing.<br/><br/> The pair was likely to find support at 1.4074, Thursday&rsquo;s low, and resistance at 1.4439, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.11% to hit 0.8828 and EUR/JPY rising 0.19% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

QE2 = 5.0% Posted: 20 Jun 2011 01:45 PM PDT QE2 comes to a formal end this month, and just in the nick of time too, since it's been flooding the markets with newly printed money, making hyper inflation and a collapse of the dollar inevitable. But, wait a minute! What's that 5 percent all about? Five percent is the latest estimate of the growth of the M2 money supply from May 2010 through May 2011. The annualized M2 growth rate for the six months ending in May 2011 was 4.9 percent. The rate for the three months ending in May 2011 was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Sprint, LightSquared In 4G Deal Posted: 20 Jun 2011 01:40 PM PDT Sprint Nextel Corp. (NYSE:S) has finally struck the much talked about deal with LightSquared Inc., as reported by Bloomberg. The 15-year deal, worth $20 billion, will be a big help in Sprint’s deployment of high-speed 4G Long-Term Evolution (LTE) wireless networks. Currently, Sprint’s 4G services rely on a wholesale agreement with Clearwire Corp. (NASDAQ:CLWR). The company owns a 49.9% stake in Clearwire and offers speedy data services to customers via 4G WiMax (a wireless broadband technology) in … [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: 20 Jun 2011 01:40 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Monday.<br/><br/> USD/JPY was trading at 80.29, up 0.30% at time of writing.<br/><br/> The pair was likely to find support at 80.01, Friday&rsquo;s low, and resistance at 81.06, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.04% to hit 1.4306 and GBP/USD rising 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Allstate Announces Cat Losses Posted: 20 Jun 2011 01:35 PM PDT Property and casualty insurer Allstate Corp. (NYSE:ALL) has made an upward revision to its preliminary estimate of catastrophe losses (cat losses) from property damages owing to the adverse weather conditions that continued into May. After the revision, the company expects pre-tax cat losses in the range of $2 billion. Allstate said that its pre-tax losses for May were about $600 million added to the $1.4 billion in catastrophe losses that was announced during April, which was on account of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Twin Bank Failures, Tally Hits 47 Posted: 20 Jun 2011 01:35 PM PDT After a week's pause, U.S. regulators were back in action, shuttering two more banks in Georgia and Florida. These pushed the number of failed U.S. banks to 47 so far in 2011. Looking back, there were 157 bank failures in 2010, 140 in 2009 and 25 in 2008. While the financials of bigger banks have been stabilizing on the back of an economic recovery, many smaller banks are still struggling to survive. Nagging issues like rock-bottom home prices along with still-high loan defaults and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Oscillates On Headlines From IMF And Eurogroup’s Juncker As Greece Drama Continues Posted: 20 Jun 2011 01:25 PM PDT Today's price action in the EUR/USD reflected an uncertain beginning to the week, followed by some easing of jitters, which helped the EUR to recoup losses it suffered overnight. But markets still remain on edge. We headed into the weekend with the Greek Prime Minister in the hot seat, as its on him to pass a fresh round of austerity measures in order to secure further aid via the EU and IMF. He sacrificed his finance minister to help get a new package through and part of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down Toward The End Of U.S. Session Posted: 20 Jun 2011 01:25 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4305, down 0.05% at time of writing.<br/><br/> The pair was likely to find support at 1.4074, Thursday&rsquo;s low, and resistance at 1.4439, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.10% to hit 0.8829 and EUR/JPY rising 0.23% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Markets Close Higher; Dow Jones Up 0.63% Posted: 20 Jun 2011 01:10 PM PDT Forex Pros – U.S. stocks were up after the closing bell on Monday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average rose 0.63%, the S&P 500 index gained 0.54%, while the Nasdaq 100 index climbed 0.52%.<br/><br/> Meanwhile, across the Atlantic, European stock markets closed lower. France&rsquo;s CAC 40 was down 0.63%; Germany&rsquo;s DAX shed 0.19%; Britain&rsquo;s FTSE 100 declined 0.38%; and the EURO STOXX 50 fell … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AmEx Issues Notes Posted: 20 Jun 2011 01:05 PM PDT Last week, American Express Co.'s (NYSE:AXP) (AmEx) American Express Credit Corp sold senior unsecured floating-rate notes worth $600 million, according to Thomson Reuters. The senior floating-rate notes were issued at a price of $100.00 and are dated to mature on June 24, 2014. The non-callable notes are projected to have a coupon rate of 85 basis points over the existing 3-month LIBOR rate. Interest is payable quarterly, in equal instalments, commencing September 24, 2011. Besides, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Sears Lays Off, Focuses On Sales Posted: 20 Jun 2011 12:55 PM PDT Reuters reports that Sears Holdings Corporation (NASDAQ:SHLD) has slashed 700 jobs in the appliances section of its Kmart discount stores. The company seeks to re-engineer the process of selling its appliances to combat flagging sales. The company has now set up point of sale systems (POS) at its appliances section that require trained employees to handle sales. These employees have the skill to address queries from customers regarding appliances. The company is also introducing a toll free number … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

P&G Defers Product Launch Posted: 20 Jun 2011 12:55 PM PDT Procter and Gamble (NYSE:PG) has announced that it will delay the launch of the Tide Pods Liquid laundry tablets to early 2012 instead of September this year, as decided earlier. The chain disclosed that it was compelled to postpone the revolutionary launch till next year on grounds of supply constraints, which may make it impossible for the company to meet the huge demand forecasted. Moreover, the mega launch planned for an item like Tide Pods warrants heavy marketing and advertising spending. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EDAP Lithotriptors Cleared In Asia Posted: 20 Jun 2011 12:55 PM PDT EDAP TMS SA (NASDAQ:EDAP), a worldwide leader in therapeutic ultrasound, recently revealed  approval of its Sonolith i-move lithotripter by the health authorities in Japan. The company also announced the approval of its Sonolith i-sys high-end integrated lithotripter in Taiwan. The Japanese lithotripsy market has the topmost position, on a global basis, with the highest count of installed lithotripters. With the health authorities in Japan granting EDAP marketing authorization for its new … [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: 20 Jun 2011 12:55 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Monday.<br/><br/> GBP/USD was trading at 1.6202, up 0.05% at time of writing.<br/><br/> The pair was likely to find support at 1.6079, Thursday&rsquo;s low, and resistance at 1.6378, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.14% to hit 0.8826 and GBP/JPY rising 0.37% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

What To Expect From The Fed Posted: 20 Jun 2011 12:35 PM PDT The Fed is meeting tomorrow and Wednesday, and on Wednesday afternoon, it will announce the decision on the Fed Funds rate and release the policy statement, followed by a Ben Bernanke news conference. What do I expect? No change in the Fed Funds rate, which has been stuck in a 0 to 0.25% range since December 2008. The earliest I see any change is early 2012, and most likely later than that. No change to the key "exceptionally low levels for the Fed Funds rate for extended period of time" … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Garmin Acquires Navigon Posted: 20 Jun 2011 12:35 PM PDT Garmin Ltd (NASDAQ:GRMN), one of the leading providers of navigation devices into the outdoor/fitness, aviation, marine and automotive markets recently beefed up its business in Europe. Garmin announced the acquisition of European navigation device provider Navigon AG, 90% of which is owned by private equity firm General Atlantic Partners. Although Garmin did not announce the price, a German daily reported in early June that Garmin offered 50 million euros ($72.14 million) for the company. Navigon … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: BBBY Posted: 20 Jun 2011 12:35 PM PDT Bed Bath & Beyond Inc. (NASDAQ:BBBY) is scheduled to release its first-quarter 2011 results on Wednesday, June 22, 2011. The Zacks Consensus Estimate is pegged at 62 cents a share for the first quarter of fiscal 2011. This portends a year-over-year estimated decline of a stinging 19.2%. Fourth Quarter Performance       The company's fourth quarter earnings rose 30.2% to $1.12 per share from the year-ago earnings of 86 cents per share, handily surpassing its earnings … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AMMD Starts Implant Registry Posted: 20 Jun 2011 12:35 PM PDT Leading pelvic-health devices maker American Medical Systems (NASDAQ:AMMD) recently initiated a large-scale global registry of penile prosthetic outcomes. The new registry, dubbed PROPPER (Prospective Registry of Outcomes with Penile Prosthesis for Erectile Restoration), is managed by a crew of eminent urologists looking to better characterize patient satisfaction associated with modern penile prosthetic implants. The multi-year company-sponsored PROPPER registry, essentially the first-of-its-kind, … [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: 20 Jun 2011 12:30 PM PDT Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Monday.<br/><br/> USD/CHF was trading at 0.8469, down 0.17% at time of writing.<br/><br/> The pair was likely to find support at 0.8407, today&rsquo;s low, and resistance at 0.8551, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.10% to hit 1.4297 and USD/JPY rising 0.26% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

School Specialty Posts A Loss Posted: 20 Jun 2011 12:10 PM PDT School Specialty Inc. (NASDAQ:SCHS) recently posted fourth-quarter 2011 results. The company delivered a loss of 91 cents a share in the seasonally weak quarter that broadened from a loss of 73 cents reported in the prior-year quarter. On a reported basis, including one-time items, the company delivered a loss of $1.20 per share compared with a loss of 73 cents in the year-ago quarter. Revenue Rises, Margins Still under Pressure Greenville, Wisconsin-based School Specialty's total revenue rose … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Silgan Bows Out Of Graham Race Posted: 20 Jun 2011 12:10 PM PDT Silgan Holdings Inc.'s (NASDAQ:SLGN) acquisition agreement with Graham Packaging Company Inc. (NYSE:GRM) has been terminated with Silgan not upping its prior offer within the three days’ grace period leading to Graham accepting Rank Group's much superior offer. Last week, Graham Packaging had informed Silgan that it is planning to accept a higher offer of $25 per share, or $1.64 billion, from New Zealand's Rank Group and Silgan had three days to come up with a better offer. Graham will now … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Up In U.S. Trade Posted: 20 Jun 2011 12:10 PM PDT Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Monday.<br/><br/> USD/CAD was trading at 0.9796, up 0.02% at time of writing.<br/><br/> The pair was likely to find support at 0.9672, Wednesday&rsquo;s low, and resistance at 0.9898, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.08% to hit 1.4300 and GBP/USD falling 0.11% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

United Airlines Resumes Operations Posted: 20 Jun 2011 12:05 PM PDT United Airlines, a subsidiary of United Continental Holdings (UAL) has resumed its normal flight schedule after its flights were disrupted on June 17. The carrier's network connectivity failed miserably following computer failure. As a result, most of its flights were cancelled and United Airlines came to a complete halt for two days.   The computer malfunction led to customer service issues like reservation and check-in problems. On a usual day, fog, maintenance or shortage of staff … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CTIC Posts Positive Pixantrone Data Posted: 20 Jun 2011 12:05 PM PDT Cell Therapeutics Inc. (CTIC) recently announced that data from an early stage study of its lead pipeline candidate, pixantrone, for an additional indication, was published in Cancer, an online journal. The study (n=28) tested the efficacy and safety of pixantrone as a combination therapy with fludarabine, dexamethasone and Biogen/Roche's (RHHBY) Rituxan (FPD-R) for the treatment of relapsed or refractory indolent non-hodgkin's lymphoma (INHL). In this study pixantrone was substituted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Warnaco Completes Debt Offering Posted: 20 Jun 2011 12:05 PM PDT Warnaco Group Inc. (NYSE:WRC) recently announced the completion of a senior secured term loan offering of $200.0 million. The debt has been scheduled to mature in 2018. Warnaco will pay interest at a floating rate of 1% bearing a fixed margin of 2.75%. Warnaco stated that it plans to use the term loan proceeds for general corporate purposes, which include funding internal growth and acquisitions, repaying revolving credit borrowings and repurchasing common stock. The Term Loan has been assigned … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Indonesia’s Emerging-Market Growth Story Posted: 20 Jun 2011 12:02 PM PDT Indonesia's Emerging-Market Growth Story by Tony D'Altorio, Investment U Research Monday, June 20, 2011 Global investors are catching on to the fascinating story of Indonesia. As Asia's fifth-largest economy and its third most-populous nation – with 240 million people – more than half of that population is under the age of 30. And today, thanks largely to a boom in commodities, Indonesia's economy is humming right along… Visitors to Indonesia can easily see the hustle and bustle … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up In U.S. Trading Hours Posted: 20 Jun 2011 11:45 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4313, up 0.01% at time of writing.<br/><br/> The pair was likely to find support at 1.4074, Thursday&rsquo;s low, and resistance at 1.4439, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.01% to hit 0.8839 and EUR/JPY rising 0.24% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Will Gold Equity Investors Strike Gold? Posted: 19 Jun 2011 10:00 PM PDT Gold prices passed the $1,500 per ounce mark for the first time ever in mid-April of this year and have set up shop around $1,525-$1,550 an ounce aside from a couple of short pullbacks in early May. So far in 2011, it's been relatively status quo for those investors who've embraced gold as a way to protect themselves from currency debasement, excessive money printing and inflation as prices have increased 7.67 percent. BofA-Merrill Lynch (BofA-ML) analysts are forecasting gold prices could … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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