DailyMarkets.com - TIPS Breakeven Rate Falls To Six-Month Low

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• TIPS Breakeven Rate Falls To Six-Month Low
• Monetary Policy Week In Review – 11 June 2011
• Stocks For The Week Ahead
• Arrow Teams With EcoLogic
• Quest Awarded For Simplexa
• Triumph Announces Stock Split
• Merck, Partner Suspend Study
• Volcano Corp. Stays Neutral
• U.S. Cellular Catches 4G Wave
• QE3 Only When There Is Blood In The Street, Tepper Concurs
• Bayer Seeks European Approval
• Cooper To Still Outperform
• GM Renovating Cadillac Showrooms
• The Stalled Recovery And The Carnage On The Street
• Forex – EUR/USD Down At The End Of U.S. Session
• Toyota Unwraps FY12 Guidance
• Forex – GBP/USD Down At The End Of U.S. Session
• Closing Bell Market Monitor: LULU, TM, GT, LYV
• Forex – USD/JPY Down At The End Of U.S. Session
• The Gap To Reduce Store Count
• U.S. Halts Mortgage Aid For 3 Banks
• Lockheed To Serve Marine Corps
• Forex – USD/JPY Up Toward The End Of U.S. Session
• StanCorp Reiterated At Underperform
• Gen’l Dynamics To Relocate DoHS
• GAP To Reduce Store Count
• Gold Soaring In Comparison To Stocks
• Forex – EUR/USD Down Toward The End Of U.S. Session
• U.S. Markets Close Lower; Dow Jones Down 1.42%
• U.S. Big-Truck Sales Soar By 62% In May
• Apple Amends Publisher Guidelines
• WellPoint Acquires CareMore
• PPL Corp. Intros Data Center
• Visa Expands For Mobile Banking
• Forex – GBP/USD Down During The U.S. Session
• Analyst Interviews: Publishing Stock Review
• Regions Reiterated At Neutral
• Accuray Merger Gets Shareholder OK
• Invesco’s AUM Dips In May
• Update On Forest’s Daliresp
• Delphi Reiterated At Neutral
• ANADIGICS Ships To Samsung
• Citi Suffers Hack Attack
• Temple-Inland Responds To IP Bid
• NCR Saves Time For Copa Flyers
• Diageo Settles With SEC For $10-20m
• Earnings Preview: Best Buy
• Air Products Sets Long-Term Targets
• Sprint, Motorola Seize 4G Frenzy
• Liberty Ppy Down To Underperform
• Royal Voyager To Sail In China
• AIG’s Nan Shan Deal Back On Track
• VNO Renews, Extends Credit Facility
• Earnings Scorecard: VeriFone
• Suncor Energy: Worth A Look
• Humana Reaffirms 2011 Guidance
• Natural Gas Stocks Tick Up
• Petrobras And Oil Discoveries
• Magellan Midstream Fairly Valued
• Vertex Presents Data On CF Drug
• Forex – EUR/USD Down In U.S. Trading Hours
• Forex – USD/CAD Up In U.S. Trade
• Double Oil Shocker: The Possible End Of OPEC… ExxonMobil’s Big Find
• Markets In Everything: Gates Wikipedia University?
• Forex – EUR/USD Down On Economic Data
• Forex – AUD/USD Down In U.S. Trade
• U.S. Federal Budget Balance Falls Less-than-expected
• Infomation Age 2.0: The Cost Of Hard Disk Space Has Decreased By Almost 1.5M Times Since 1980
• Forex Trading: EURUSD Making New Lows As Market Bounce Has No Momentum
• Forex – NZD/USD Down During The U.S. Session
• “Global Fear Is Still Out There”
• Bears Snap Up TD Ameritrade Put Options
• Euro Extends Its Declines Against The Dollar
• Forex – GBP/USD Down In U.S. Trade
• European Markets Close Lower; Dax Down 1.28%
• Risk Aversion Sharp To End The Week
• EUR/GBP Resumes Bearish Correction After Sharp Channel Breakout
• World’s Greatest Infrastructure Projects

TIPS Breakeven Rate Falls To Six-Month Low Posted: 10 Jun 2011 05:02 PM PDT As I’ve reported before, the “breakeven rate” – the difference between 10-year nominal Treasury yields and 10-year Treasury Inflation Protected Securities (TIPS) yields – is one market-based measure of expected future inflation.   As of today, the breakeven rate was 2.17%, down by almost 50 basis points from the recent peak of 2.65% on April 11, and the lowest level since early December last year (see chart above).  Contrary to the worries of the many “inflationistas,” this … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Monetary Policy Week In Review – 11 June 2011 Posted: 10 Jun 2011 05:01 PM PDT The past week in central banking saw monetary policy decisions announced by 14 central banks around the world.  Those that increased interest rates were:  Poland +25bps to 4.50%, Brazil +25bps to 12.25%, and South Korea +25bps to 3.25%.  While those that decreased interest rates were: The Bahamas -75bps to 4.50%, and Serbia -50bps to 12.00%.  Meanwhile those that held rates unchanged were: Australia 4.75%, Armenia 8.50%, Croatia 6.00%, New Zealand 2.50%, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stocks For The Week Ahead Posted: 10 Jun 2011 03:44 PM PDT ( click to enlarge ) We finally got the breakout in Oncothyreon Inc. (NASDAQ:ONTY). Shares rallied past resistance near $6.82 and hit my trigger to open positions. Watch the $7 as potential resistance. Let’s keep an eye on ONTY as i think momentum will pick up again.    ( click to enlarge ) I’m actually pretty excited when i saw Eastman Kodak Company (NYSE:EK) chart because it is showing some bullish signal in its early stage. The technical chart is now much improved after today's … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Arrow Teams With EcoLogic Posted: 10 Jun 2011 03:35 PM PDT Arrow Enterprise Computing Solutions (ECS), a business segment of Arrow Electronics Inc. (NYSE:ARW) recently reached a commercial agreement with EcoLogic Systems Ltd. to add virtual desktop infrastructure optimisation-as-a-service (OaaS) to its portfolio in the United Kingdom. New York-based Arrow Electronics Inc. is one of the world's largest distributors of electronic components and enterprise computing products.  Arrow provides enterprise computing solutions to value-added resellers … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Quest Awarded For Simplexa Posted: 10 Jun 2011 03:15 PM PDT Leading player in the diagnostic testing market, Quest Diagnostics (NYSE:DGX), recently received the prestigious Medical Design Excellence Award (MDEA) for its Simplexa molecular diagnostic test on the 3M Integrated Cycler. MDEA, organized by the leading business-to-business media company UBM Canon, is a premier awards program that recognizes the achievements of medical devices manufacturers. Under a global agreement with 3M (NYSE:MMM), Quest's Focus Diagnostics (the infectious disease diagnostic … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Triumph Announces Stock Split Posted: 10 Jun 2011 03:05 PM PDT Triumph Group, Inc. (NYSE:TGI) recently announced that its Board of Directors has declared a two-for-one stock split with respect to its common stock in the form of a 100% stock dividend.   Based in Wayne, Pennsylvania, Triumph Group offers a variety of products and services to the aerospace industry. A stock split simply involves a company altering the number of its shares outstanding and proportionally adjusting the share price to compensate. In a 2-for-1 stock split, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Merck, Partner Suspend Study Posted: 10 Jun 2011 03:05 PM PDT Merck (NYSE:MRK) and partner Intercell AG recently announced that they have decided to terminate a phase II/III study that was being conducted with their investigational vaccine, V710. The vaccine was being studied for the prevention of staphylococcus aureus (S. aureus) infection. The decision to terminate the study was based on the unanimous recommendation of an independent Data Monitoring Committee (DMC). Earlier in May, Merck and Intercell had stopped enrolment in the phase II/III study based … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Volcano Corp. Stays Neutral Posted: 10 Jun 2011 03:05 PM PDT Recently, we reaffirmed our Neutral recommendation on Volcano Corporation (NASDAQ:VOLC) with a target price of $32.00. Volcano Corporation reported an EPS of 2 cents in the first quarter of fiscal 2011 compared to the year-ago quarter's net loss of 8 cents per share. The earnings were better than the Zacks Consensus Estimate of a loss of 2 cents per share. Revenues increased 22% year-over-year to reach $81 million during the quarter with strong growth in Intravascular Ultrasound (IVUS) and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Cellular Catches 4G Wave Posted: 10 Jun 2011 03:05 PM PDT United States Cellular Corp. (NYSE:USM), a subsidiary of Telephone and Data Systems Inc. (NYSE:TDS) plans to launch seven new smartphones based on Google's (NASDAQ:GOOG) Android platform by the end of this year. With the new launches, the company will also mark its debut in 4G enabled devises. All the seven new smartphones will run on 2.3 operating system, called Gingerbread and have preset applications like Gmail and Google Maps. Further, the company will also introduce two new mobile tablets along … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

QE3 Only When There Is Blood In The Street, Tepper Concurs Posted: 10 Jun 2011 02:39 PM PDT David Tepper of Appaloosa Management confirms what the market is waking up to slowly. No more QEs until the market players, media and politicians are screaming for it. Then Ben Bernanke can say, ‘Hey it wasn’t my idea’. So whats Mr Market to do, of course sell off, the best way to get a 15% rally is have a 20% sell off. The smart money left the market on the news of the Japanese quake, the volume for that down swing was huge compared to all previous down swings since the Jackson Hole Bernanke … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bayer Seeks European Approval Posted: 10 Jun 2011 02:30 PM PDT Germany's Bayer (BAYRY) recently submitted an application with the European regulatory body seeking approval for marketing its VEGF (vascular endothelial growth factor) trap-eye treatment in the European Union (EU). Bayer is seeking clearance from the European regulatory body to market the drug for treating patients suffering from the neovascular form of age-related macular degeneration (wet AMD). Bayer's application was based on positive results from the VIEW program (VEGF trap-Eye: … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Cooper To Still Outperform Posted: 10 Jun 2011 02:30 PM PDT We reiterate our Outperform recommendation for The Cooper Companies Inc (NYSE:COO), the number three player in the $6 billion global contact lens industry, based on its second-quarter fiscal 2011 (ended April 30) financial results. Earnings for the quarter of $1.02 sailed passed the Zacks Consensus Estimate of 93 cents while revenues of $325 million easily beat the Zacks Consensus Estimate of $315 million. Our bullishness is buttressed by the company's pipeline, with defined timelines for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GM Renovating Cadillac Showrooms Posted: 10 Jun 2011 02:30 PM PDT General Motors Company (NYSE:GM) has planned to introduce a fresh and new design for its Cadillac dealerships. The plan, a part of the company's brand makeover initiative, is expected to be designed and implemented over the next two years.   The makeover has been planned with the intent to uplift the image of these stores, making them more appealing to car shoppers and more competitive against Japanese carmakers and certain other luxury brands like Mercedes and Lexus. In this process, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Stalled Recovery And The Carnage On The Street Posted: 10 Jun 2011 02:16 PM PDT The Dow ended the week below 12,000 for the first time since March. This is the sixth straight week of downs for the Dow. It's almost as bad over at the Nasdaq. All the gains racked up in 2011 have now been erased. What's going on? The real economy is catching up with the financial economy, as it always does eventually. Wall Street is built on smoke and mirrors, while the real economy is based on jobs and wages. Smoke and mirrors can only take you so far – as we learned so painfully … [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: 10 Jun 2011 02:10 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Friday after the release of U.S. data on Federal Budget Balance.<br/><br/> EUR/USD was trading at 1.4348, down 1.11% at time of writing.<br/><br/> The pair was likely to find support at 1.4323, today&rsquo;s low, and resistance at 1.4696, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. federal budget balance fell less-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Toyota Unwraps FY12 Guidance Posted: 10 Jun 2011 02:05 PM PDT Toyota Motor Corp. (NYSE:TM) broke its silence on sales and earnings outlook for its fiscal year ending March 31, 2012 since the release of its fiscal 2011 results last month. The automaker could not provide any guidance for fiscal 2012 earlier as it needed more time to absorb the adverse impact of production disruptions caused  in its production and sales plans due to the earthquake and tsunami in Japan. Toyota expects the full year profit to fall 31% to ¥280 billion ($3.5 billion) from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down At The End Of U.S. Session Posted: 10 Jun 2011 02:05 PM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Friday after the release of U.K. data on Industrial Production.<br/><br/> GBP/USD was trading at 1.6227, down 0.84% at time of writing.<br/><br/> The pair was likely to find support at 1.6216, today&rsquo;s low, and resistance at 1.6473, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Industral production in the U.K. fell to a seasonally adjusted -1.7% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Closing Bell Market Monitor: LULU, TM, GT, LYV Posted: 10 Jun 2011 02:00 PM PDT 06/10/11 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 – USD/JPY Down At The End Of U.S. Session Posted: 10 Jun 2011 02:00 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Friday after the release of U.S. data on Federal Budget Balance.<br/><br/> USD/JPY was trading at 80.33, down 0.04% at time of writing.<br/><br/> The pair was likely to find support at 79.70, Wednesday&rsquo;s low, and resistance at 80.46, Thursday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. federal budget balance fell less-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Gap To Reduce Store Count Posted: 10 Jun 2011 01:50 PM PDT According to the Business Journal,The Gap Inc. (NYSE:GPS), a premier international specialty retailer plans to shut down 200 stores within the span of two years. Although the company has not mentioned the specific stores that it intends to close, it has stated that by 2013, the store count in North America would be down to 700. Total Gap Outlets will, however, increase to about 250 stores, a net addition of 50 or 60 stores. Around 40 of these will be Banana Republic Factory stores, which will then … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Halts Mortgage Aid For 3 Banks Posted: 10 Jun 2011 01:50 PM PDT The federal government has stopped providing assistance to three big banks with funds from its Making Home Affordable Program until they substantially improve their performance with respect to mortgage modification. These three banks, J.P. Morgan Chase & Co. (NYSE:JPM), Bank of America Corp. (NYSE:BAC), and Wells Fargo & Co. (NYSE:WFC), have burned up taxpayers' money in the form of aid but have done almost nothing to protect distressed people from losing their homes. The Making Home … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Lockheed To Serve Marine Corps Posted: 10 Jun 2011 01:50 PM PDT Lockheed Martin Corp. (NYSE:LMT) has been awarded a $58.6 million contract to provide new systems, equipment and support services associated with the Vehicle Optic Sensor Systems II (VOSS II) and Portable Rapid Deployment Surveillance Systems (PRDSS) for the U.S. Marine Corps. The contract entails supplying 110 VOSS II and 30 PRDSS, together with supplementary field services and equipment in support of these systems. Lockheed Martin said the equipments will be manufactured at its Gyrocam Systems … [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: 10 Jun 2011 01:40 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Friday after the release of U.S. data on Federal Budget Balance.<br/><br/> USD/JPY was trading at 80.36, up 0.001% at time of writing.<br/><br/> The pair was likely to find support at 79.70, Wednesday&rsquo;s low, and resistance at 80.46, Thursday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. federal budget balance fell less-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

StanCorp Reiterated At Underperform Posted: 10 Jun 2011 01:35 PM PDT We retain our Underperform rating on StanCorp Financial Group Inc. (NYSE:SFG) as the company continues to face a slowdown in top-line growth and has higher exposure to commercial mortgages loan. StanCorp is facing a slowdown in top-line growth, constrained by economic and competitive forces.  Premiums remain pressured due to a group insurance market that continues to reflect a price-competitive sales environment and declines in wage growth and employment levels. This line of business has also … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gen’l Dynamics To Relocate DoHS Posted: 10 Jun 2011 01:35 PM PDT General Dynamics Corporation’s (NYSE:GD) declared that its unit General Dynamics Information Technology has received a contract from the U.S. General Services Administration ('GSA') to carry out the relocation of U.S. Department of Homeland Security’s headquarters. The duration of the contract is seven years and worth $876 million, if all options are exercised by the parties. General Dynamics will team up with GSA and participate in the integration of multiple Department of Homeland Security … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GAP To Reduce Store Count Posted: 10 Jun 2011 01:35 PM PDT According to the Business Journal,The Gap Inc. (NYSE:GPS), a premier international specialty retailer plans to shut down 200 stores within the span of two years. Although the company has not mentioned the specific stores that it intends to close, it has stated that by 2013, the store count in North America would be down to 700. Total Gap Outlets will, however, increase to about 250 stores, a net addition of 50 or 60 stores. Around 40 of these will be Banana Republic Factory stores, which will then … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Soaring In Comparison To Stocks Posted: 10 Jun 2011 01:29 PM PDT A seminal speech was delivered a few weeks ago by President Obama at the State Department, in it he outlined a radical switch of policy in the Middle East.  Such an error in judgement was made once before when Jimmy Carter suggested that we democratize Iran.  What occurred was  destruction of an ally in the Shah and replacing him with a purported force for democratization in the persons of the Ayatollah and the Mullahs. Just look at what we got stuck with.  Our … [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: 10 Jun 2011 01:25 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Friday after the release of U.S. data on Federal Budget Balance.<br/><br/> EUR/USD was trading at 1.4348, down 1.12% at time of writing.<br/><br/> The pair was likely to find support at 1.4323, today&rsquo;s low, and resistance at 1.4696, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. federal budget balance fell less-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Markets Close Lower; Dow Jones Down 1.42% Posted: 10 Jun 2011 01:10 PM PDT Forex Pros – U.S. stocks were down after the closing bell on Friday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average fell 1.42%, the S&P 500 index shed 1.40%, while the Nasdaq 100 index declined 1.58%.<br/><br/> Meanwhile, across the Atlantic, European stock markets closed lower. France&rsquo;s CAC 40 was down 1.81%; Germany&rsquo;s DAX shed 1.28%; Britain&rsquo;s FTSE 100 declined 1.53%; and the EURO STOXX 50 fell … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Big-Truck Sales Soar By 62% In May Posted: 10 Jun 2011 01:08 PM PDT According to a report today from  Wards Auto, “U.S. big-truck sales soared in May, up 61.9% vs. a year-ago and far surpassing April's 31.2% increase, previously 2011's best monthly performance. Class 8 sales made the biggest leap, up 82.4% thanks to triple-digit percentage increases at Volvo Truck and PACCAR, up 175.4% and 145.4%, respectively. Through May, sales of medium- and heavy-duty trucks in the U.S. were tracking 30.9% ahead of like-2010. In other big-truck news, Daimler … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Apple Amends Publisher Guidelines Posted: 10 Jun 2011 01:05 PM PDT Apple Inc. (NASDAQ:AAPL) recently changed its guidelines on the pricing of In-App subscriptions on the App Store. Apple also reversed its policy of compelling publishers to use its App store to sell subscriptions. The altered guidelines were welcomed by publishers who seek to place the digital form of newspapers, music and movies on the iPhone, iPod touch and iPad. According to the new guidelines, publishers offering their own subscriptions will not be required to offer an in-App subscription … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

WellPoint Acquires CareMore Posted: 10 Jun 2011 01:00 PM PDT In order to expand its presence in the U.S. government program for the elderly, WellPoint Inc. (NYSE:WLP) has agreed to purchase its privately held Medicare specialist CareMore Health Group for $800 million. Other financial details remain undisclosed. Based in California, CareMore is a senior-focused health care delivery program that includes Medicare Advantage plans and clinics designed to deliver proactive, integrated, individualized health care in select California, Arizona and Nevada … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

PPL Corp. Intros Data Center Posted: 10 Jun 2011 01:00 PM PDT Power utility PPL Corporation (NYSE:PPL) is in the process of constructing a new data and operations center in Upper Macungie Township. Located in the Lehigh Valley about 10 miles west of the PPL's international headquarters in center-city Allentown, the new 115,000-square-foot center is a major investment to reap long-term benefits for both the company and its customers. With the start of the next-generation data center PPL expects to meet corporate goals comfortably for the next several … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Visa Expands For Mobile Banking Posted: 10 Jun 2011 01:00 PM PDT Expanding its presence through mobile commerce, yesterday Visa Inc. (NYSE:V) acquired Fundamo, a South-Africa based leading software maker for mobile banking services in more than 40 countries, in an all-cash deal of $110 million. The transaction is expected to be marginally dilutive to the fiscal 2011 earnings that end on September 30. With more than 5 million registered subscribers, Fundamo has a strong capacity to reach out to more than 180 million consumers over the long run, thereby … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down During The U.S. Session Posted: 10 Jun 2011 12:45 PM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Friday after the release of U.K. data on Industrial Production.<br/><br/> GBP/USD was trading at 1.6232, down 0.82% at time of writing.<br/><br/> The pair was likely to find support at 1.6216, today&rsquo;s low, and resistance at 1.6473, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Industral production in the U.K. fell to a seasonally adjusted -1.7% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Analyst Interviews: Publishing Stock Review Posted: 10 Jun 2011 12:32 PM PDT The publishing industry has long been grappling with sinking advertising revenue, and the recent global economic meltdown has worsened the situation. This downturn followed a longer-term secular decline as more readers choose to get news online for free, making the print-advertising model increasingly irrelevant. Circulation Falling Prey to Internet Newspapers have fared far worse than magazines, as web-based news options have proliferated in recent years. The two-decade-long erosion in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Regions Reiterated At Neutral Posted: 10 Jun 2011 12:32 PM PDT We maintain our Neutral recommendation on Regions Financial Corp.(NYSE:RF) based on the steady profit trend of the company in the first quarter of 2011. In April, Regions reported first-quarter 2011 earnings of 1 cent per share, substantially better than the Zacks Consensus Estimate of a loss of 9 cents per share. This also compared favorably with a loss of 21 cents per share in the year-ago quarter, but unfavorably with earnings of 3 cents per share reported in the prior quarter. Quarterly … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Accuray Merger Gets Shareholder OK Posted: 10 Jun 2011 12:32 PM PDT Leading radiosurgery systems maker Accuray Inc.'s (NASDAQ:ARAY) impending acquisition of its rival TomoTherapy (NASDAQ:TOMO) has been approved by the latter's shareholders. The California-based company landed a cash and stock deal (worth $277 million), in March 2011, to buy Wisconsin-based radiation system maker TomoTherapy. The transaction was cleared by the Boards of both companies.  Shareholders holding 79% of TomoTherapy's outstanding shares voted in favor of the deal. The companies now … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Invesco’s AUM Dips In May Posted: 10 Jun 2011 12:32 PM PDT On Thursday, Invesco Ltd. (NYSE:IVZ) announced its monthly performance report for May 2011. As per the report, Invesco recorded preliminary assets under management (AUM) of $661.4 billion at the end of the May, slipping 4.2% from $668.6 billion at the end of April 2011. The AUM decline was mainly attributable to net outflows principally in the PowerShares QQQ exchange traded funds (ETFs), negative foreign exchange and negative market returns. Invesco's preliminary AUM, excluding ETFs, Unit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Update On Forest’s Daliresp Posted: 10 Jun 2011 12:32 PM PDT Forest Laboratories, Inc. (NYSE:FRX) announced that its recently approved treatment, Daliresp (roflumilast) will be available in pharmacies throughout the US by mid-June. Daliresp gained US Food and Drug Administration (FDA) approval in early March for the reduction of the risk of chronic obstructive pulmonary disease (COPD) exacerbations in patients with severe COPD associated with chronic bronchitis and a history of exacerbations. Forest Labs had initially submitted a new drug application for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Delphi Reiterated At Neutral Posted: 10 Jun 2011 12:32 PM PDT We are reiterating our Neutral recommendation on the shares of Delphi Group Inc. (NYSE:DFG). Delphi Financial Group's first quarter 2011 core operating income of $0.91 per share was in line with the Zacks Consensus Estimate. The company's insurance businesses achieved a strong top-line growth during the quarter as it benefited from improving payroll trends in its small case market niche at Reliance Standard and continued market share gains for Safety National's products. Both the wings of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ANADIGICS Ships To Samsung Posted: 10 Jun 2011 12:32 PM PDT   ANADIGICS, Inc. (NASDAQ:ANAD) recently announced that it will ship volume production of its AWC6323 dual-band High-Efficiency-at-Lower-Power (HELP3E™) power amplifiers (PAs) to Samsung Electronics for the Droid Charge smartphone. Based in New Jersey, ANADIGICS designs and manufactures semiconductor solutions for the broadband wireless and wireline communications markets.  Its products include power amplifiers, tuner integrated circuits, active splitters, line amplifiers, and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Citi Suffers Hack Attack Posted: 10 Jun 2011 12:32 PM PDT Citigroup Inc. (NYSE:C) has topped the headlines again and this time for a breach of security as hackers got access to hundreds of thousands of its credit card customers' information in North America. It was during a routine check up that Citi discovered this unauthorized access. Approximately 1% of its North American credit card customers’ information –– primarily their names, account numbers and email addresses were leaked. However, Citi assured that more crucial information such as social … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Temple-Inland Responds To IP Bid Posted: 10 Jun 2011 12:32 PM PDT To ward off International Paper Co's (NYSE:IP) offer of $3.3 billion or $30.60 per share in cash made earlier this week, Temple-Inland Inc. (NYSE:TIN) has adopted a stockholder rights plan and declared dividend distribution of preferred share purchase rights on each outstanding share of Temple-Inland common stock. According to Temple-Inland, the rights will be exercisable only if a person or group acquires 10% or more of Temple-Inland’s common stock. Each right will entitle stockholders to buy … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NCR Saves Time For Copa Flyers Posted: 10 Jun 2011 12:32 PM PDT NCR Corp. (NYSE:NCR) recently announced that it has offered its self-service travel solution to Copa Airlines. Financial details of the deal were not divulged. NCR's self-service travel solution will help passengers to save check-in time with the help of a mobile-optimized site. The website –– m.copaair.com –– can be visited by boarders to access information regarding flight status. Boarders will also be able to check-in through the site and get an electronic boarding pass on their … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Diageo Settles With SEC For $10-20m Posted: 10 Jun 2011 12:31 PM PDT The world's largest spirits group, Diageo Plc. (NYSE:DEO), has come to a settlement with the U.S. Securities and Exchange Commission (SEC) under which it has agreed to pay about $10 million to $20 million for closing down a prolonged bribery investigation. Diageo was under scrutiny of SEC to figure out whether its employees or contractors paid bribes to government officials in South Korea, India and Thailand. The probe was triggered in 2007, when two employees of the U.K based spirit producer … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Best Buy Posted: 10 Jun 2011 12:31 PM PDT Best Buy Company, Inc. (NYSE:BBY), the leading specialty retailer of consumer electronic products, is scheduled to report its first-quarter 2012 financial results on June 14, 2011. The current Zacks Consensus Estimate for the quarter is 33 cents a share. For the quarter under review, revenue is $10,694 million, according to the Zacks Consensus Estimate. Fourth-Quarter 2011, a Synopsis Best Buy's quarterly earnings of $1.98 per share, topped the Zacks Consensus Estimate of $1.84, and rose 8.8% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Air Products Sets Long-Term Targets Posted: 10 Jun 2011 12:31 PM PDT The second-biggest U.S. industrial-gas producer, Air Products & Chemicals Inc. (NYSE:APD) at an Investor Conference, announced new financial targets for 2015 to take the company to a new level of performance. The company announced that profit margins will expand 3 percentage points through 2015 and sales will rise about 12% annually, led by growth in energy and electronics markets. Air Products expects revenues to surpass $15 billion in 2015, up from $9 billion last year. The company forecasts … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Sprint, Motorola Seize 4G Frenzy Posted: 10 Jun 2011 12:31 PM PDT The third-largest U.S. wireless carrier Sprint Nextel Corp. (NYSE:S) plans to launch 10 new wireless devices (smartphones and tablets) in collaboration with Motorola Mobility Inc. (MMI). The "Motorola Photon 4G" smartphone is on the top of the 10 new device list.  The Photon 4G will be the first WiMAX device with a dual-core 1GHz processor. The second handset "The Motorola Triumph", is the first Motorola device to be sold through Sprint's Virgin Mobile and Boost Mobile prepaid … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Liberty Ppy Down To Underperform Posted: 10 Jun 2011 12:31 PM PDT We have recently changed our long-term recommendation for Liberty Property Trust (NYSE:LRY), a leading real estate investment trust (REIT), from Neutral to Underperform, as we anticipate it to perform well below the broader market. In the last 30 days, fiscal 2011 earnings estimates were lowered by 2 out of 13 analysts covering the stock, while none increased the same. For fiscal 2012, earnings estimates were also lowered in the last 30 days by 3 out of 15 analysts covering the stock, while none … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Royal Voyager To Sail In China Posted: 10 Jun 2011 12:31 PM PDT Royal Caribbean Cruises Ltd. (NYSE:RCL) is set to ride on the Chinese cruise market with the introduction of  'Voyager of the Seas' in June 2012. The ship will accommodate 3,114 guests and the duration of the cruise will range from 4 to 10 nights. Voyager of the Seas will be double the size of any cruise ship operating in China or in the Asia-Pacific region. In China, Royal Caribbean primarily intends to cater to cities like Shanghai, Tianjin, Hong Kong and Xiamen, to turn these into … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AIG’s Nan Shan Deal Back On Track Posted: 10 Jun 2011 12:31 PM PDT American International Group Inc.'s (NYSE:AIG) $2.16 billion sale of its local unit, Nan Shan Life Insurance Co., has finally been sanctioned by Taiwan's Financial Supervisory Commission (FSC). However, the sanction came with certain conditions. In January this year, AIG accepted the bid from Ruen Chen Investment Holding Co. Ltd. (Ruen Chen) in order to divest its 97.57% stake in its Nan Shan unit in Taiwan, for a cash deal of $2.16 billion. However, the deal was kept pending as it awaited a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

VNO Renews, Extends Credit Facility Posted: 10 Jun 2011 12:31 PM PDT In accordance with its strategic initiative to strengthen the balance sheet, Vornado Realty Trust (NYSE:VNO), a leading real estate investment trust (REIT), has recently announced that its operating partnership has renewed and extended its unsecured revolving credit facility. This follows the latest industry buzz that the company is likely to tap the commercial mortgage-backed securities (CMBS) market to raise $600 million to $700 million to repay debt. Vornado Realty L.P., the operating … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Scorecard: VeriFone Posted: 10 Jun 2011 12:31 PM PDT VeriFone Systems Inc. (NYSE:PAY) recently reported results for the second quarter of fiscal 2011. The company posted a net income (excluding one-time charges but including stock-based compensation expense) of 38 cents per share, in line with the Zacks Consensus Estimate. VeriFone upgraded its guidance for fiscal 2011. For fiscal 2011, VeriFone projects revenues between $1.170 billion and $1.180 billion. Earnings per share (excluding stock-based compensation and one-time charges) are projected … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Suncor Energy: Worth A Look Posted: 10 Jun 2011 12:31 PM PDT Canada's biggest energy firm and the largest oil sands outfit Suncor Energy Inc. (SU) has been a Zacks #1 Rank (Strong Buy) stock since May 17, 2011. The independent energy exploration and production company has seen its estimates move up following its robust  first quarter  results in early May. Suncor's attractive fundamentals, positive outlook, and the recent optimism about economic recovery have inspired this bullishness. Suncor has significant oil sands and conventional … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Humana Reaffirms 2011 Guidance Posted: 10 Jun 2011 12:31 PM PDT In accordance with the U.S. Securities and Exchange Commission, Humana Inc. (NYSE:HUM) has decided to reiterate its earnings guidance for 2011 at $6.70-$6.90. Humana issued its first earnings outlook in April 26, reaffirmed the same in May, when Humana reported its first-quarter earnings of 2011. According to Humana, the members of senior management have planned to meet with investors at the end of the month June 2011 and expect to reaffirm the company's earnings per share estimate at $6.70 to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Stocks Tick Up Posted: 10 Jun 2011 12:31 PM PDT The U.S. Energy Department’s weekly inventory release showed a larger-than-expected build-up in natural gas supplies, as production level remained robust. This was partially offset by warmer temperatures in major population centers of the country (especially in the Northeast), which led to intensified natural gas demand from electric power plants to meet air-conditioning needs. The Weekly Natural Gas Storage Report – brought out by the Energy Information Administration (EIA) every Thursday … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Petrobras And Oil Discoveries Posted: 10 Jun 2011 12:31 PM PDT Brazilian state-run company Petroleo Brasileiro S.A. or Petrobras (NYSE:PBR) announced the discovery of light oil in the Cretaceous reservoirs, off-shore Espírito Santo Basin. The new well is expected to have an important bearing regarding further exploration activity in the prolific basin. Drilled at a water depth of 1,900 meters, the 1-BRSA-926D-ESS (1-ESS-205D) well, informally known as Brigadeiro, is located 115 kilometers off the coast of the Espírito Santo state. Petrobras has a 65% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Magellan Midstream Fairly Valued Posted: 10 Jun 2011 12:31 PM PDT We have maintained our Neutral recommendation on oil pipeline and storage partnership Magellan Midstream Partners L.P. (MMP) with a price target of $61. Tulsa, Oklahoma-based Magellan Midstream is a master limited partnership (MLP) that owns and operates a diversified portfolio of energy infrastructure assets. The partnership primarily transports, stores, and distributes refined petroleum products and, to a lesser extent, ammonia. In 2010, the partnership's pipeline volumes comprised 54% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Vertex Presents Data On CF Drug Posted: 10 Jun 2011 12:31 PM PDT Vertex Pharmaceuticals Inc. (NASDAQ:VRTX) recently released positive interim data from the first part of a phase II study evaluating the combination regimen of VX-770 and VX-809, for the treatment of cystic fibrosis (CF). Despite the encouraging data, the company's share price witnessed a decline due to investors' high expectations from the combination drug following Vertex Pharma's announcement of statistically significant data on VX-770 in February. Vertex Pharma is currently studying both … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down In U.S. Trading Hours Posted: 10 Jun 2011 12:20 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Friday after the release of U.S. data on Federal Budget Balance.<br/><br/> EUR/USD was trading at 1.4348, down 1.12% at time of writing.<br/><br/> The pair was likely to find support at 1.4323, today&rsquo;s low, and resistance at 1.4696, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. federal budget balance fell less-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Up In U.S. Trade Posted: 10 Jun 2011 12:00 PM PDT Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Friday after the release of Canadian data on Employment Change.<br/><br/> USD/CAD was trading at 0.9768, up 0.39% at time of writing.<br/><br/> The pair was likely to find support at 0.9713, today&rsquo;s low, and resistance at 0.9821, Wednesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Canadian employment change rose more-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Double Oil Shocker: The Possible End Of OPEC… ExxonMobil’s Big Find Posted: 10 Jun 2011 11:45 AM PDT Double Oil Shocker: The Possible End of OPEC… ExxonMobil's Big Find by Dave Fessler, Investment U's Energy and Infrastructure Expert Friday, June 10, 2011 Two days ago in Vienna, the 12 members of the Organization of Petroleum Exporting Countries (OPEC) spent five hours bickering, and ultimately failed to reach an agreement to increase production quotas. This was the first time that happened in 20 years. That's not particularly good news for motorists, who could be facing higher prices … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Markets In Everything: Gates Wikipedia University? Posted: 10 Jun 2011 11:45 AM PDT In the Chronicle of Higher Education, economist Richard Vedder writes: “Why doesn't someone—say, the Gates Foundation—hire 100 or so stellar professors in 20 disciplines to offer perhaps 150 to 200 absolutely superb courses online, with testing administered by an outside agency (say, the ACT, SAT, or Underwriter's Laboratories)? Even paying each professor $100,000 per course and allowing for 100 percent overhead, this would cost $30- to $40-million. There would be some expenses for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down On Economic Data Posted: 10 Jun 2011 11:20 AM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Friday after the release of U.S. data on Federal Budget Balance.<br/><br/> EUR/USD was trading at 1.4345, down 1.14% at time of writing.<br/><br/> The pair was likely to find support at 1.4323, today&rsquo;s low, and resistance at 1.4696, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. federal budget balance fell less-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down In U.S. Trade Posted: 10 Jun 2011 11:15 AM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Friday after the release of U.S. data on Federal Budget Balance.<br/><br/> AUD/USD was trading at 1.0562, down 0.60% at time of writing.<br/><br/> The pair was likely to find support at 1.0527, today&rsquo;s low, and resistance at 1.0768, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. federal budget balance fell less-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Federal Budget Balance Falls Less-than-expected Posted: 10 Jun 2011 11:05 AM PDT Forex Pros – The U.S. federal budget balance fell less-than-expected last month, official data showed on Friday.<br/><br/>In a report, Department of the Treasury said that U.S. federal budget balance fell to a seasonally adjusted -57.6B, from -40.4B in the preceding month whose figure was revised up from -40.5B.<br/><br/>Analysts had expected U.S. federal budget balance to fall to -125.0B last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Infomation Age 2.0: The Cost Of Hard Disk Space Has Decreased By Almost 1.5M Times Since 1980 Posted: 10 Jun 2011 10:57 AM PDT Here’s a website that documents the amazing drop over time in the cost of hard drive storage space, via Craig Newmark who aptly refers to this phenomenon as “one of the economic and technological wonders of our time.” The chart above (available here with detailed price and hard drive data) shows graphically the almost 1,500,000X reduction in the cost of hard disk space over the last thirty years (not adjusted for inflation), from $100,000 per gigabyte in 1980 to only $0.07 by 2009.  At … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Making New Lows As Market Bounce Has No Momentum Posted: 10 Jun 2011 10:46 AM PDT The EURUSD is making yet another new low and has now breached the 50% retracement of the move up from the May low to the June high at the 1.4332.   The last legs correction was once again very minor with a few pip move above the 38.2% finding sellers happy to square up before the weekend.  The new leg down will now have traders leaning against the prior low at the 1.4347 level.  The next target being the 1.4290 level where the parellel trendline off the highs is now … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Down During The U.S. Session Posted: 10 Jun 2011 10:45 AM PDT Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Friday.<br/><br/> NZD/USD was trading at 0.8214, down 0.42% at time of writing.<br/><br/> The pair was likely to find support at 0.8120, Monday&rsquo;s low, and resistance at 0.8301, Thursday&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.48% to hit 1.2819 and EUR/NZD falling 0.85% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

“Global Fear Is Still Out There” Posted: 10 Jun 2011 10:30 AM PDT 06/10/11 Meridian Equity Partners’ Jonathan Corpina discusses today’s tumble in US equities and the slowdown in global economic … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bears Snap Up TD Ameritrade Put Options Posted: 10 Jun 2011 10:25 AM PDT Bears snap up TD Ameritrade put options Today's tickers: AMTD, XRT, BTU & NG (NASDAQ:AMTD) – TD Ameritrade Holding Corp. – Put options on TD Ameritrade are popular on the final trading session of the week, with shares in the financial services company trading 0.85% lower on the day at $18.76. Investors may be scooping up puts on the largest U.S. online trading firm following comments from the company's chief executive regarding concerns that the slower pace of client trading activity in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Euro Extends Its Declines Against The Dollar Posted: 10 Jun 2011 05:00 AM PDT 06/10/11 The euro has extended its losses against the dollar this session following continued weak global economic reports and Greek debt … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down In U.S. Trade Posted: 10 Jun 2011 10:00 AM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Friday after the release of U.K. data on Industrial Production.<br/><br/> GBP/USD was trading at 1.6244, down 0.74% at time of writing.<br/><br/> The pair was likely to find support at 1.6216, today&rsquo;s low, and resistance at 1.6473, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Industral production in the U.K. fell to a seasonally adjusted -1.7% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Markets Close Lower; Dax Down 1.28% Posted: 10 Jun 2011 09:55 AM PDT Forex Pros – European stocks were down after the closing bell on Friday.<br/><br/> At the close of European trade, Germany&rsquo;s DAX fell 1.28%, London&rsquo;s FTSE 100 shed 1.53%, France&rsquo;s CAC 40 declined 1.81% and the EURO STOXX 50 was down 1.62%.<br/><br/> Meanwhile, on Wall Street, equity markets were down after the open. The Dow Jones Industrial Average was down 1.09%; the S&P 500 index shed 1.11%, while the Nasdaq 100 index declined … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Risk Aversion Sharp To End The Week Posted: 10 Jun 2011 09:27 AM PDT The NY session was one in which risk aversion dominated. US equities fell sharply, extending the US benchmark indexes losses to a 6th straight week as concerns around China's trade data, slumping financials, and lower energy stocks contributed to a 140 point decline in the Dow Jones Index, and a 15 point drop in the S&P at around noon NY time. The declines came amid worries about the pace of the recovery and a plunge in oil prices as Saudi Arabia said it … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/GBP Resumes Bearish Correction After Sharp Channel Breakout Posted: 10 Jun 2011 09:27 AM PDT Retracement Targets and Bearish Projections for EUR/GBP's Sharp Correction (6/9) EUR/GBP Short- Term- After, the  EUR/GBP finished a 3-wave decline to the 0.8845, the market reacted with a rebound. That rally was rejected sharply at 0.8920. - The sharp decline that followed is starting another bearish correction to the end- of-May rally, cracking the 0.8845 pivot. - Market action also broke below a rising channel support, and the RSI in the 4H chart is reading below 40. A break below … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

World’s Greatest Infrastructure Projects Posted: 09 Jun 2011 10:00 PM PDT Cities around the world take turns owning the title for the tallest skyscraper, the longest bridge or the deepest mine. Covering nearly every continent of the world, here's our current list, which I'm sure will change over the next few years. 1. Tallest Skyscraper: At a height of 2,700 feet, the Burj Khalifa in Dubai has 162 floors and was completed in 2010. If you're looking for sheer quantity of skyscrapers, Hong Kong has the largest number of high-rise buildings in the world but … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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