DailyMarkets.com - Trading To Win In The Shorter Term
DailyMarkets.com - Trading To Win In The Shorter Term |
- Trading To Win In The Shorter Term
- Forex – EUR/USD Down In Asian Trade
- Forex – USD/JPY Up During Asian Trade
- Forex – NZD/USD Down In Asian Trade
- New Zealand’s Current Account Balance Falls Less-than-expected
- Verizon To End Unlimited Data Plans
- Boeing Richer With New Orders
- Trial Date For Teva/Mylan Dispute
- The Day Ahead: FOMC Rate Decision, Bernanke’s Press Conference, Earnings: Bed Bath & Beyond, FedEx; BoE Minutes
- Hot Option Plays: “Aera!”
- Endo Buys American Medical
- Allegheny Teams With Rolls Royce
- CVS To Manage CalPERS PPO
- U.S. Cellular In Neutral Lane
- Goodrich Strengthens KLM Fleet
- Kroger Kept At Neutral
- Forex Trading: EURUSD Clues For Traders As The Vote Awaited
- ACE Expands In Malaysia
- Raytheon Teams Up With NAMMO
- Earnings Preview: Discover
- BP Secures $75M From Weatherford
- Risk-Reward Balance Comerica
- OGE Hikes Power Rates In Arkansas
- Forex – EUR/USD Up At The End Of U.S. Session
- Forex – USD/JPY Down Toward The End Of U.S. Session
- TWO: Hefty 2011 Dividends?
- Ecolab Wins Carbon-Value Award
- GM Recalls Cadillac On SW Glitch
- Forex – EUR/USD Up Toward The End Of U.S. Session
- U.S. Markets Close Higher; Dow Jones Up 0.91%
- DST Continues To Acquire, Grow
- Nabors Guides For Q2
- Travelers Closes Brazilian Buy
- Forex – GBP/USD Up During The U.S. Session
- Caterpillar Sales Improve In May
- ABM Industries Upgraded To Neutral
- JPM, RBS Accused Of Deceit
- Forex – USD/CHF Down In U.S. Trading Hours
- Hot Option Plays: Market Bubbles Then Fizzes
- Texas Turns Off Lights On Federal Lightbulb Ban
- Forex – USD/CAD Down In U.S. Trade
- Repsol And Alliance Form JV
- Franklin To Acquire Balanced Equity
- NeuroMetrix To Launch DPN Test
- DuPont Increases Product Prices
- Colgate Wraps Up Sanex Buy
- Statoil Sets Long-Term Goals
- CooperVision Launches Multifocals
- Forex – EUR/USD Up In U.S. Trading Hours
- Forex Trading: EURGBP At Key Technical Level. 0.8867 Support. 0.8877 Resistance
- Pelangio Now Owns 100% Interest In Obuasi Property
- Pelangio Now Owns 100% Interest In Obuasi Property
- Republic Services Upped To Neutral
- Steady Dividend Payout At AGNC
- CA Teams With Dimension Data
- Chubb Provides Cat Loss Estimate (revised)
- UTHR Inks Licensing Deal
- ABB To Power Algeria
- Markets In Everything: Cash-Only Doctor
- Forex – AUD/USD Up In U.S. Trade
- Earnings Preview: FedEx
- Commtouch Launches URL Filtering For Mobile
- Walmart Taps Into Africa
- Dell Acquires RNA Network
- Lawson’s Notice To Note Holders
- Shell And CNPC Team Up
- Gold Opens Up 1576 Above The 1550 Highs
- Bears Tackle Exxon Mobil Options, Bulls Climb Aboard Carnival Corp.
- Forex – NZD/USD Up During The U.S. Session
- Potential Pivot Point For Gold Miners?
- Earnings Preview: FedEx
- McAfee Offering Mobile Security
- BofA Eyes Divesting CCB Stake
- BSX Launches PAD Device
- More Users Join China Unicom In May
- Used Home Sales, Prices Fall
- Earnings Scorecard: Best Buy
- “Stocks Are Back On The Uptrend”
- Euro Rebounds On Greek Optimism But Gains Limited
- Forex – GBP/USD Up In U.S. Trade
- European Markets Close Higher; Dax Up 1.89%
- Forex Trading: EURUSD Presses To The Upside
- Bonds Soften Before Greek Lawmakers Assess PM
| Trading To Win In The Shorter Term Posted: 21 Jun 2011 05:59 PM PDT You know there is actually nothing wrong with the generic financial indicators you find within every stock charting package, I am referring to the RSI, MACD and Stochastic. But what is at fault is the settings one uses with these indicators, the market changes its rhythm, its swing or more bluntly its cycle. General folk do not know how to reset these indicators because they dont have the means, and this is why most folk dont even change the default [RSI(14), MACD(26,6,6) and ... [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/USD Down In Asian Trade Posted: 21 Jun 2011 05:15 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4388, down 0.16% at time of writing.<br/><br/> The pair was likely to find support at 1.4128, Friday’s low, and resistance at 1.4433, Tuesday’s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.06% to hit 0.8867 and EUR/JPY falling 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/JPY Up During Asian Trade Posted: 21 Jun 2011 04:45 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Tuesday.<br/><br/> USD/JPY was trading at 80.22, up 0.01% at time of writing.<br/><br/> The pair was likely to find support at 80.01, Friday’s low, and resistance at 81.03, Thursday’s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.17% to hit 1.4387 and GBP/USD falling 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – NZD/USD Down In Asian Trade Posted: 21 Jun 2011 04:05 PM PDT Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Tuesday after the release of N.Z. data on Current Account.<br/><br/> NZD/USD was trading at 0.8121, down 0.06% at time of writing.<br/><br/> The pair was likely to find support at 0.7973, Thursday’s low, and resistance at 0.8146, today’s high.<br/><br/> Earlier in the day, official data showed that New Zealand’s current account balance fell … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| New Zealand’s Current Account Balance Falls Less-than-expected Posted: 21 Jun 2011 04:00 PM PDT Forex Pros – New Zealand’s current account balance fell less-than-expected in the last quarter, official data showed on Tuesday.<br/><br/>In a report, Statistics New Zealand said that New Zealand’s current account balance fell to a seasonally adjusted -0.10B, from -3.63B in the preceding quarter whose figure was revised down from -3.52B.<br/><br/>Analysts had expected New Zealand’s current account balance to fall -3.90B in the last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Verizon To End Unlimited Data Plans Posted: 21 Jun 2011 03:57 PM PDT 06/21/11 Verizon Wireless will no longer offer unlimited data plans to new subscribers. Tiered data plans will take effect in early … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 21 Jun 2011 03:35 PM PDT The Boeing Company (NYSE:BA) received two orders for its 747-8 Intercontinental aircraft from undisclosed customers worth $5.4 billion. The transactions involve a total of 17 aircraft, taking the order backlog for the aircraft series to 50.
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| Trial Date For Teva/Mylan Dispute Posted: 21 Jun 2011 03:35 PM PDT Mylan Inc. (NYSE:MYL) received some good news recently when a US District court denied Teva Pharmaceuticals Industries' (NASDAQ:TEVA) motion for a summary judgment, finding no inequitable conduct in the Copaxone infringement lawsuit. The court has ordered that the trial for inequitable conduct defense will commence on July 11, 2011. The remaining issues will be tried from September 7, 2011.
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| Posted: 21 Jun 2011 10:20 AM PDT 06/21/11 The stories, data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 21 Jun 2011 03:17 PM PDT Cusick’s Corner
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| Posted: 21 Jun 2011 03:10 PM PDT Recently, Endo Pharmaceuticals Holdings Inc. (NASDAQ:ENDP) completed the purchase of American Medical Systems, a leading pelvic-health device provider, in an all cash deal worth approximately $2.9 billion.
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| Allegheny Teams With Rolls Royce Posted: 21 Jun 2011 03:10 PM PDT One of the world's largest specialty metals producers Allegheny Technologies Incorporated (NYSE:ATI) signed a long-term contract with Rolls-Royce for the supply of ATI 718Plus Alloy for the period stretching from 2011 till 2024.
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| Posted: 21 Jun 2011 03:05 PM PDT Recently, the California Public Employees' Retirement System (CalPERS) selected CVS Caremark (NYSE:CVS) to manage pharmacy benefits for its preferred provider organization (PPO) health plans, catering to more than 346,000 members.
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| Posted: 21 Jun 2011 03:05 PM PDT U.S. Cellular Corporation (NYSE:USM), the sixth largest wireless telecom operator in the U.S., continues to expand its advanced data services by incorporating fast, high-quality 4G Long-Term Evolution (LTE) technology. Additionally, the booming smartphone market has encouraged the company to diversify its related offerings work on the introduction of a 4G enabled smartphone.
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| Goodrich Strengthens KLM Fleet Posted: 21 Jun 2011 03:05 PM PDT Goodrich Corporation (NYSE:GR) has received an order from KLM, transavia.com to provide wheels and carbon brakes for all new deliveries of 737 Next Generation aircraft, manufactured by The Boeing Company (NYSE:BA), and to retrofit its 77 existing 737 Next Generation aircraft fleet.
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| Posted: 21 Jun 2011 03:05 PM PDT A dominant position among the nation's largest grocery retailers enables The Kroger Company (NYSE:KR) to sustain growth in its top line, expand its store base and boost its market share. The company's strong corporate and national brands have helped gain customers' loyalty.
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| Forex Trading: EURUSD Clues For Traders As The Vote Awaited Posted: 21 Jun 2011 02:47 PM PDT The 100 bar MA on the 5 minute chart at 1.4394 has held the near term support going into the vote of confidence. On the topside the double top at the 1.4421 level is defining the topside. Traders have kept the EURUSD bid through the NY day as the vote approached. This would suggest a confidence in the vote. Will that continue?
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| Posted: 21 Jun 2011 02:25 PM PDT ACE INA International Holdings, Ltd, a subsidiary of ACE limited (NYSE:ACE) acquired the remaining 49% of ACE Synergy Insurance Berhad in Malaysia from Advance Synergy Capital Berhad. ACE paid a cash consideration of $39 million.
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| Posted: 21 Jun 2011 02:25 PM PDT Defense contractor Raytheon Company (NYSE:RTN) teamed up with the Norwegian defense firm NAMMO to procure rocket engines for AIM -120 Advanced Medium Range Air-to-Air Missile ('AMRAAM').
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| Posted: 21 Jun 2011 02:25 PM PDT Electronic payment processor in the US, Discover Financial Services (NYSE:DFS) is scheduled to release its second quarter results before the market opens on June 23, 2011. The Zacks Consensus Estimate for the second quarter is 66 cents per share, representing about 100% growth over the year-ago quarter.
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| BP Secures $75M From Weatherford Posted: 21 Jun 2011 02:05 PM PDT BP Plc (NYSE:WFT) that settles all claims between the companies related to last year's Macondo oil spill in the Gulf of Mexico (GoM). Per the deal, BP will indemnify Weatherford against all its liabilities or future claims related to the incident in return for $75 million.
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| Posted: 21 Jun 2011 02:05 PM PDT We have reiterated our Neutral recommendation on Comerica Inc. (NYSE:CMA). The reaffirmation follows a detailed analysis of the company's fundamentals following first quarter 2011 earnings, along with an evaluation of the current economic environment, its strengths, opportunities, weaknesses and acquisition efforts.
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| OGE Hikes Power Rates In Arkansas Posted: 21 Jun 2011 02:05 PM PDT Arkansas Public Service Commission has approved an order with a general rate increase of $8.8 million for OGE Energy Corporation's (NYSE:OGE) subsidiary OG&E. The rate hikes will be implemented from July 1, 2011.
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| Forex – EUR/USD Up At The End Of U.S. Session Posted: 21 Jun 2011 01:55 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on Existing Home Sales.<br/><br/> EUR/USD was trading at 1.4408, up 0.73% at time of writing.<br/><br/> The pair was likely to find support at 1.4074, Thursday’s low, and resistance at 1.4423, today’s high.<br/><br/> Earlier in the day, industry data showed that existing home sales fell less-than-expected to a seasonally adjusted annual … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/JPY Down Toward The End Of U.S. Session Posted: 21 Jun 2011 01:40 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Tuesday after the release of U.S. data on Existing Home Sales.<br/><br/> USD/JPY was trading at 80.23, down 0.03% at time of writing.<br/><br/> The pair was likely to find support at 80.01, Friday’s low, and resistance at 81.03, Thursday’s high.<br/><br/> Earlier in the day, industry data showed that existing home sales fell less-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 21 Jun 2011 01:35 PM PDT According to Bedford Report that provides in-depth analysis and business research on equities, Two Harbors Investment Corp. (TWO) – a real estate investment trust (REIT) that primarily invests in residential mortgage-backed securities (RMBS), is likely to maintain a strong dividend payout in 2011.
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| Ecolab Wins Carbon-Value Award Posted: 21 Jun 2011 01:35 PM PDT Leading cleaning and sanitation products maker Ecolab Inc (NYSE:ECL) has clinched the prestigious "International Carbon-value Innovative Value Award" at the annual World Economic and Environmental Conference ("WEC") in Qingdao, China.
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| GM Recalls Cadillac On SW Glitch Posted: 21 Jun 2011 01:35 PM PDT General Motors Company (NYSE:GM) announced that it would recall 50,500 units of Cadillac SRX luxury crossover vehicles due to a software glitch that may cause non-deployment of airbags in case of an accident, leading to injuries for ones sitting in the right rear seat.
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| Forex – EUR/USD Up Toward The End Of U.S. Session Posted: 21 Jun 2011 01:25 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on Existing Home Sales.<br/><br/> EUR/USD was trading at 1.4404, up 0.70% at time of writing.<br/><br/> The pair was likely to find support at 1.4074, Thursday’s low, and resistance at 1.4423, today’s high.<br/><br/> Earlier in the day, industry data showed that existing home sales fell less-than-expected to a seasonally adjusted annual … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| U.S. Markets Close Higher; Dow Jones Up 0.91% Posted: 21 Jun 2011 01:10 PM PDT Forex 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 0.91%, the S&P 500 index gained 1.34%, while the Nasdaq 100 index climbed 2.15%.<br/><br/> Earlier in the day, industry data showed that existing home sales fell less-than-expected to a seasonally adjusted annual rate of 4.81M last month from 5.00M in the preceding month whose figure was revised down from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| DST Continues To Acquire, Grow Posted: 21 Jun 2011 01:06 PM PDT It seems DST Systems Inc. (NYSE:DST) is on a growth strategy through consecutive acquisitions. After making two acquisitions just last month, the company has now announced that it will take over a Canadian company, Subserveo Inc. The financial terms of the deal were not disclosed. Shares rose 8 cents in the after market trade.
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| Posted: 21 Jun 2011 01:06 PM PDT Weighed down by lower-than-expected performances in the Pressure Pumping and International business units, Nabors Industries Ltd. (NYSE:NBR) projects operating income in the range of $165 million to $170 million for the second quarter of 2011. The negative effects will be partially offset by strong contributions from the U.S. Lower 48 and Canadian operations.
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| Travelers Closes Brazilian Buy Posted: 21 Jun 2011 01:06 PM PDT The Travelers Companies, Inc. (NYSE:TRV) wrapped up the acquisition of J. Malucelli Participações em Seguros e Resseguros S.A., a market leader in the surety insurance business in Brazil.
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| Forex – GBP/USD Up During The U.S. Session Posted: 21 Jun 2011 12:55 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Tuesday after the release of U.S. data on Existing Home Sales.<br/><br/> GBP/USD was trading at 1.6245, up 0.26% at time of writing.<br/><br/> The pair was likely to find support at 1.6079, Thursday’s low, and resistance at 1.6253, Monday’s high.<br/><br/> Earlier in the day, industry data showed that existing home sales fell less-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Caterpillar Sales Improve In May Posted: 21 Jun 2011 12:35 PM PDT Caterpillar Inc. (NYSE:CAT) recently reported sales statistics for the month of May, indicating a strong month in which sales shot up 52% on a year-over-year basis, across the globe. However, after registering global sales growth of 66% in the month of April, the highest so far in 2011, the sales weakened in the reported month.
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| ABM Industries Upgraded To Neutral Posted: 21 Jun 2011 12:35 PM PDT ABM Industries Inc. (NYSE:ABM) reported fiscal second-quarter EPS of 28 cents, up 22% year over year and net sales of $1.06 billion that grew 24% over the prior year. This marked the reversal of eight straight quarters of negative organic growth. The encouraging results buttressed with the Linc Group acquisition prompted us to revisit our recommendation, upgrading ABM Industry Inc. from Underperform to Neutral. The stock currently retains a Zacks #3 Rank (short-term Hold recommendation).
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| Posted: 21 Jun 2011 12:35 PM PDT The U.S. credit union regulator, the National Credit Union Administration (NCUA), sued JPMorgan Chase & Co. (NYSE:JPM) and Royal Bank of Scotland PLC (NYSE:RBS) on Monday alleging that these banks had deceived five large credit unions by selling more than $3 billion high-risk mortgage-backed securities that were expected to underperform.The NCUA seeks to recover about $840 million in losses at five wholesale credit unions through these lawsuits.
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| Forex – USD/CHF Down In U.S. Trading Hours Posted: 21 Jun 2011 12:30 PM PDT Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Tuesday after the release of U.S. data on Existing Home Sales.<br/><br/> USD/CHF was trading at 0.8405, down 0.70% at time of writing.<br/><br/> The pair was likely to find support at 0.8401, today’s low, and resistance at 0.8550, Thursday’s high.<br/><br/> Earlier in the day, industry data showed that existing home sales fell less-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Hot Option Plays: Market Bubbles Then Fizzes Posted: 21 Jun 2011 12:18 PM PDT Cusick’s Corner
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| Texas Turns Off Lights On Federal Lightbulb Ban Posted: 21 Jun 2011 12:13 PM PDT “State lawmakers have passed a bill that would allow Texans to skirt federal efforts to promote more efficient light bulbs, which ultimately pushes the swirled, compact fluorescent bulbs over the 100-watt incandescent bulbs many grew up with. The measure, sent to Gov. Rick Perry for consideration, lets any incandescent light bulb manufactured in Texas – and sold in that state – avoid the authority of the federal government or the repeal of the 2007 energy independence act that starts phasing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/CAD Down In U.S. Trade Posted: 21 Jun 2011 12:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Tuesday after the release of Canadian data on Core Retail Sales.<br/><br/> USD/CAD was trading at 0.9720, down 0.82% at time of writing.<br/><br/> The pair was likely to find support at 0.9712, today’s low, and resistance at 0.9898, Thursday’s high.<br/><br/> Earlier in the day, official data showed that Core retail sales in Canada remained unchanged unexpectedly at a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 21 Jun 2011 12:05 PM PDT Repsol YPF S.A. has entered into a joint venture (JV) agreement with Alliance Oil Company to concentrate on exploration and production projects in Russia, a leading hydrocarbon producing nation. However, the deal is subject to the final negotiations on contractual terms, due diligence and regulatory approval.
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| Franklin To Acquire Balanced Equity Posted: 21 Jun 2011 12:05 PM PDT On Monday, Franklin Resources Inc. (NYSE:BEN) announced that its subsidiary Franklin Templeton Investments Australia Limited has agreed to acquire Balanced Equity Management Pty. Limited. Franklin is a global investment management organization operating as Franklin Templeton Investments.
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| NeuroMetrix To Launch DPN Test Posted: 21 Jun 2011 12:05 PM PDT Nerve testing devices maker NeuroMetrix (NASDAQ:NURO) is on track to unveil its latest test, the NC-stat DPNCheck, at the forthcoming annual conference of the American Diabetes Association ("ADA") in San Diego, California, during June 24-28, 2011. The NC-stat DPNCheck test has been geared for evaluating systemic neuropathies such as diabetic peripheral neuropathy ("DPN").
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| DuPont Increases Product Prices Posted: 21 Jun 2011 12:05 PM PDT EI DuPont de Nemours & Co. (NYSE:DD) has announced price increases for all DuPont TiPure titanium dioxide (TiO2) grades sold in North America (United States and Canada) by $0.25 per pound, effective July 1, 2011.
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| Posted: 21 Jun 2011 12:05 PM PDT U.S. consumer goods conglomerate Colgate-Palmolive Co. (NYSE:CL) announced the completion of the acquisition of the Sanex personal care brand from UnileverNV (NYSE:UN). The deal had cost the company $952 million.
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| Posted: 21 Jun 2011 12:05 PM PDT Statoil ASA (NYSE:STO) has set long-term growth goals for itself. The Norwegian company expects production to exceed 2.5 million barrels of oil equivalents per day in 2020 from 1.9 million barrels in 2010.
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| CooperVision Launches Multifocals Posted: 21 Jun 2011 12:05 PM PDT CooperVision, a segment of The Cooper Companies Inc. (NYSE:COO), which holds the number three position in the $6 billion global contact lens industry, recently announced the U.S. launch of the Biofinity Multifocal at the American Optometric Association ("AOA") meeting in Salt Lake City, Utah.
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| Forex – EUR/USD Up In U.S. Trading Hours Posted: 21 Jun 2011 11:45 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on Existing Home Sales.<br/><br/> EUR/USD was trading at 1.4409, up 0.73% at time of writing.<br/><br/> The pair was likely to find support at 1.4074, Thursday’s low, and resistance at 1.4421, today’s high.<br/><br/> Earlier in the day, industry data showed that existing home sales fell less-than-expected to a seasonally adjusted annual … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: EURGBP At Key Technical Level. 0.8867 Support. 0.8877 Resistance Posted: 21 Jun 2011 11:42 AM PDT The EURGBP is between support and resistance and could be due for a move. The trend has been to the upside of late – rising steadily to the upside. The price however, tested the 61.8% of the move down from the June high to the June low and found sellers today. On the downside the trendline support comes in at the 0.8867 level.
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| Pelangio Now Owns 100% Interest In Obuasi Property Posted: 21 Jun 2011 11:30 AM PDT Steven Ralston, CFA Pelangio Exploration (PX.V: TSX-V and PGXPF: OTCBB) announced that the final option payment of $750,000 was made on the Obuasi Property so that subject to Ghana's legislated 10% carried interest upon commencement of mining operations, Pelangio now has a 100% interest in Obuasi property in Ghana. In addition, Pelangio has entered into an agreement to acquire a 100% interest in the Akroma property, a 160 square kilometer … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Pelangio Now Owns 100% Interest In Obuasi Property Posted: 21 Jun 2011 11:30 AM PDT Steven Ralston, CFA Pelangio Exploration (PX.V: TSX-V and PGXPF: OTCBB) announced that the final option payment of $750,000 was made on the Obuasi Property so that subject to Ghana's legislated 10% carried interest upon commencement of mining operations, Pelangio now has a 100% interest in Obuasi property in Ghana. In addition, Pelangio has entered into an agreement to acquire a 100% interest in the Akroma property, a 160 square kilometer … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Republic Services Upped To Neutral Posted: 21 Jun 2011 11:30 AM PDT Republic Services Inc. (NYSE:RSG) reported fiscal first-quarter EPS of 42 cents, a penny above the prior-year figure and revenues of $1,964.9 million, up 0.4%.
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| Steady Dividend Payout At AGNC Posted: 21 Jun 2011 11:30 AM PDT American Capital Agency Corp. (NASDAQ:AGNC), a leading real estate investment trust (REIT) that focuses on investments in mortgage pass-through securities and collateralized mortgage obligations (CMOs), has recently declared second quarter 2011 dividend of $1.40 per share. American Capital has historically paid a steady dividend over the years and has a unique distinction of being one of only a few companies to have even increased its dividend during the economic downturn.
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| Posted: 21 Jun 2011 11:30 AM PDT Information technology (IT) and management software developer CA Inc. (CA) has recently entered into a technical collaboration agreement with Dimension Data Asia Pacific (formerly known as Datacraft Asia) to facilitate the process of enterprise cloud adoption throughout the Asia Pacific.
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| Chubb Provides Cat Loss Estimate (revised) Posted: 21 Jun 2011 11:30 AM PDT Property and casualty insurer Chubb Corporation (NYSE:CB) has announced its estimate of catastrophe losses (cat losses) for the months of April and May, based on property damages resulting from cataclysmic weather conditions. The company expects pre-tax cat losses in the range of $250 million to $310 million in those two months. Chubb stated that its pre-tax losses for May were about $75–$85 million, in addition to the $175–$ 225 million catastrophe losses incurred during April, which was due … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 21 Jun 2011 11:30 AM PDT United Therapeutics Corporation (NASDAQ:UTHR) recently entered into an exclusive licensing agreement with Pluristem Therapeutics Inc. (NASDAQ:PSTI) for the use of Pluristem's PLacental eXpanded (PLX) cells for the development and commercialization of a cell-based product for the treatment of pulmonary hypertension.
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| Posted: 21 Jun 2011 11:30 AM PDT ABB Ltd. (NYSE:ABB) has received a $42 million contract to build three new substations and upgrade four existing ones in the northern region of Algeria. The contract has been awarded by the national utility of the country, Sonelgaz (Socièté Nationale de l’Electricité et du Gaz) for the design, engineering, supply, build-up and commissioning of the substations, including civil works.
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| Markets In Everything: Cash-Only Doctor Posted: 21 Jun 2011 11:27 AM PDT Renegade Minnesota doctor — makes same-day house calls, spends 30 minutes with each patient, and accepts payment in cash, checks, eggs, wine, pork sausage, pickles, homegrown tomatoes, or homemade pies, but not insurance, Medicare or … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – AUD/USD Up In U.S. Trade Posted: 21 Jun 2011 11:15 AM PDT Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Tuesday after the release of U.S. data on Existing Home Sales.<br/><br/> AUD/USD was trading at 1.0591, up 0.09% at time of writing.<br/><br/> The pair was likely to find support at 1.0478, Thursday’s low, and resistance at 1.0635, Friday’s high.<br/><br/> Earlier in the day, industry data showed that existing home sales fell less-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 21 Jun 2011 11:05 AM PDT FedEx Corporation (NYSE:FDX), the world’s second-largest package delivery company, is slated to release its fourth quarter 2011 earnings on June 22, before market opens. The current Zacks Consensus Estimate for the fourth quarter is $1.72, representing a substantial 29.35% annual growth.
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| Commtouch Launches URL Filtering For Mobile Posted: 21 Jun 2011 11:05 AM PDT Ken Nagy, CFA Commtouch Software (CTCH) a provider of email defense and URL filtering solutions to enterprise customers and OEM distribution partners. The firm's "in the cloud" technology has the ability to analyzes 2.5 billion messages a day, which is far superior to the competition's static solutions which have little chance of catching new outbreaks. During late 2008, the Company released its URL filtering services. The web has more … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 21 Jun 2011 11:05 AM PDT Retail giant Wal-Mart Stores Inc. (NYSE:WMT) has added another feather in its cap by buying out Massmart partially, the leading African retailer of general merchandise and home improvement equipment supplier.
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| Posted: 21 Jun 2011 11:05 AM PDT Dell Inc. (DELL) recently announced that it has acquired Portland-based virtualization software startup, RNA Networks Inc. The news of the acquisition was also disclosed by RNA on its website. The news has also been confirmed by Dell Inc.'s official spokesperson Jess Blackburn.
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| Lawson’s Notice To Note Holders Posted: 21 Jun 2011 11:05 AM PDT Lawson Software Inc. (NASDAQ:LWSN) issued a notice to the holders of its 2.50% Senior Convertible Notes due 2012 informing them about a Fundamental Change under the Indenture governing the notes and also notifying that the notes will be convertible at the option of the holders.
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| Posted: 21 Jun 2011 11:05 AM PDT Anglo-Dutch behemoth Royal Dutch Shell plc (RDS.A) and state owned China National Petroleum Company ("CNPC") have come together to form a Global Alliance Agreement. The companies will collaborate and cooperate on future projects in China and overseas. However, none of the companies disclosed the financial details of the deal.
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| Gold Opens Up 1576 Above The 1550 Highs Posted: 21 Jun 2011 10:57 AM PDT Pullback's a B*tch: Gold and Silver Short-term Bottoms Tested (6/15) Short-Term to Medium Term- Gold indeed continued a short-term rally after developing bottoming action early last week. The 4H chart shows the market about to test the 1550-1554 resistance zone.
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| Bears Tackle Exxon Mobil Options, Bulls Climb Aboard Carnival Corp. Posted: 21 Jun 2011 10:56 AM PDT Bears tackle Exxon Mobil options, bulls climb aboard Carnival Corp.
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| Forex – NZD/USD Up During The U.S. Session Posted: 21 Jun 2011 10:45 AM PDT Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Tuesday after the release of U.S. data on Existing Home Sales.<br/><br/> NZD/USD was trading at 0.8114, up 0.15% at time of writing.<br/><br/> The pair was likely to find support at 0.7973, Thursday’s low, and resistance at 0.8146, today’s high.<br/><br/> Earlier in the day, industry data showed that existing home sales fell less-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Potential Pivot Point For Gold Miners? Posted: 21 Jun 2011 10:38 AM PDT Just quoted in Barron's last week…
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| Posted: 21 Jun 2011 10:35 AM PDT FedEx Corporation (NYSE:FDX), the world’s second-largest package delivery company, is slated to release its fourth quarter 2011 earnings on June 22, before market opens. The current Zacks Consensus Estimate for the fourth quarter is $1.72, representing a substantial 29.35% annual growth.
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| McAfee Offering Mobile Security Posted: 21 Jun 2011 10:35 AM PDT McAfee, a wholly owned subsidiary of Intel Corporation (NASDAQ:INTC), has announced a couple of products targeted at the smartphone and tablet markets.
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| Posted: 21 Jun 2011 10:35 AM PDT On Monday, Bloomberg reported that Bank of America Corporation (NYSE:BAC) would sell a part of its holdings in China Construction Bank (CCB) later this year, in order to strengthen its capital. However, the company will continue to be a strategic investor in CCB, the world's second largest bank by value.
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| Posted: 21 Jun 2011 10:35 AM PDT Leading medical devices player Boston Scientific Corporation (NYSE:BSX) has launched Mustang percutaneous transluminal angioplasty (PTA) balloon catheter (0.035 inch) globally. Introduction of this device could prove beneficial to a huge patient population as according to estimates, about 8−10 million patients in the US suffer from peripheral artery disease (PAD) giving way to blockage in vessels of the peripheral vasculature.
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| More Users Join China Unicom In May Posted: 21 Jun 2011 10:35 AM PDT China’s second largest mobile operator China Unicom (NYSE:CHU) added 2.33 million subscribers in May, up 1.32% from the prior month. This takes the company's total customer base to 179.34 million.
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| Posted: 21 Jun 2011 10:35 AM PDT In May, Existing Home Sales ran at a seasonally adjusted annual rate of 4.81 million. That pace is 3.1% lower than in April, and 15.3% below the year-ago rate. The year-ago numbers were somewhat inflated due to the end of the homebuyer tax credit. The April sales rate was slightly above consensus expectations of a 4.78 million annual rate. April was revised down from an initial read of 5.05 million, to 5.00 million. The history of used home sales is shown in the graph below (from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 21 Jun 2011 10:35 AM PDT Best Buy Company, Inc. (NYSE:BBY), the leading specialty retailer of consumer electronic products, recently posted better-than-expected first-quarter 2012 results.
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| “Stocks Are Back On The Uptrend” Posted: 21 Jun 2011 10:22 AM PDT 06/21/11 Pragma Securities’ Louis Sulsenti weighs in on today’s extended advance for equities, and the outlook for the rest of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Euro Rebounds On Greek Optimism But Gains Limited Posted: 21 Jun 2011 05:00 AM PDT 06/21/11 The euro currency was trading higher against the dollar today led by investor optimism concerning Greece’s confidence vote. However, those gains were limited on weak global economic … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – GBP/USD Up In U.S. Trade Posted: 21 Jun 2011 10:00 AM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Tuesday after the release of U.S. data on Existing Home Sales.<br/><br/> GBP/USD was trading at 1.6226, up 0.15% at time of writing.<br/><br/> The pair was likely to find support at 1.6079, Thursday’s low, and resistance at 1.6253, Monday’s high.<br/><br/> Earlier in the day, industry data showed that existing home sales fell less-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| European Markets Close Higher; Dax Up 1.89% Posted: 21 Jun 2011 09:55 AM PDT Forex Pros – European stocks were up after the closing bell on Tuesday.<br/><br/> At the close of European trade, Germany’s DAX rose 1.89%, London’s FTSE 100 gained 1.44%, France’s CAC 40 climbed 2.04% and the EURO STOXX 50 was up 1.96%.<br/><br/> Earlier in the day, data showed that German ZEW economic sentiment fell more-than-expected to -9.0 last month, from 3.1 in the preceding month.<br/><br/> Analysts had expected German … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: EURUSD Presses To The Upside Posted: 21 Jun 2011 09:24 AM PDT The range was extended in the EURUSD and the price momentum to the upside has intensified. The market will now look to use the 1.4400 level as intraday support. Staying above should keep the momentum in tact, with the 1.44577 level at the 61.8% being the next key target for the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Bonds Soften Before Greek Lawmakers Assess PM Posted: 21 Jun 2011 08:53 AM PDT Yield movement is thin and far between on Tuesday and ahead of a crucial vote in Athens that may determine whether Greece becomes the first euro-area nation to default on its debt. Even though the stakes remain high global markets have been soothed by comments from euro-area chief Juncker who says that by hook or by crook, Europe's debt crisis will be resolved.
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