DailyMarkets.com - Forex – EUR/JPY Down On Economic Data

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• Forex – EUR/JPY Down On Economic Data
• Forex – EUR/USD Slips In Early Asian Trade
• Japan’s Retail Sales Rise Unexpectedly
• Making Sense Of The Current SP500 Market Range
• Forex – Dollar Wavers As Debt Ceiling Deal Eludes
• New Fuel Efficiency Standards To Be Unveiled
• Forex – GBP/USD Down In Asian Trade
• The Day Ahead: Earnings: AstraZeneca, Credit Suisse, DuPont, ExxonMobil, Kellogg, MetLife, Motorola Solutions, Motorola Mobility, Starbucks; US Pending Home Sales, Weekly Jobless Claims
• Gold And Silver Resume Secular Uptrends
• Hot Option Plays: How Low Can We Go?
• Clorox Unimpressed By Icahn Offers
• Clorox Unimpressed By Icahn Offers
• PNC To Get 27 Flagstar Branches
• NextEra Energy Continues To Impress
• Kinetic Reports Mixed Results
• Biotech Stocks To Watch For Thursday
• Forex Trading: NZDUSD Stays Above Support After RBNZ Rate Announcement
• Total System Beats By A Penny
• S&W Seed: Upgrading Recommendation:
• Hot Weather Drives Southern Company
• Int’l Game Tech Beats On Lower Costs
• Qiagen EPS In Line, Guidance Low
• Closing Bell Market Monitor: JNPR, BA, DNKN, WFM
• Forex – EUR/USD Down At The End Of U.S. Session
• Forex – USD/JPY Up Toward The End Of U.S. Session
• Illumina Beats On EPS, Margins Down
• Bemis Beats By A Penny
• Forex – EUR/USD Down Toward The End Of U.S. Session
• Hot Option Plays: Deal Or No Deal?
• U.S. Markets Close Lower; Dow Jones Down 1.59%
• Amylin Loss Narrows On Lower Costs
• Mylan Beats On All Fronts
• Covidien Tops In 3Q, Profit Balloons
• Forex – GBP/USD Down During The U.S. Session
• Ecolab’s 2Q EPS Meets, Ups View
• Allegheny Misses But Profits Increase
• Exelon Beats EPS, Lags Sales
• Acxiom Reports In-Line Results
• Government Distortions Of Markets Led The Economy To Disaster, Not Unregulated Capitalism
• Forex – USD/CHF Up In U.S. Trading Hours
• 07/27 FX Options Report
• Forex – USD/CAD Up In U.S. Trade
• Initiating Coverage Of InVivo Therapeutics
• Zimmer Beats, Revises Outlook
• RNR Stumbles Due To CAT Losses
• Fiserv Beats Estimates
• HIV Franchise Drives Gilead
• Vocus Outperforms On Demand Growth
• Omnicare Tops, View Intact
• World Trade And Output Continue To Improve
• Forex – EUR/USD Down In U.S. Trading Hours
• Forex Trading: EURUSD Bear Flagging? Correction Falls Short
• Hess Lags Estimates, But Grows
• Sunoco Logistics’ Profits Surge
• Lower Revenue Hurts DST 2Q
• Kimco’s Recurring FFO In Line
• Sealed Air Beats, Reaffirms Outlook
• NZD/USD Consolidates Ahead Of RBNZ Interest Rate Decision
• Forex – AUD/USD Up In U.S. Trade
• MeadWestvaco Beats Rev, Meets EPS
• Options Fly Following Juniper Networks Disappointment
• Forex Trading: USDCAD Test The 200 Hour MA And The 38.2% Retracement
• “Risk To US Credit Rating… Bad For Market”
• JetBlue Lags EPS, Posts Record Rev
• Northrop EPS Beats, Misses Sales
• Job-Killing Spending Cuts
• Nabors Misses Top And Bottom Lines
• “Mad As Hell, And Not Going To Take It Anymore”
• Forex Trading: NZDUSD Awaits The RBNZ Interest Rate Decision
• Forex – NZD/USD Down During The U.S. Session
• Las Vegas Sands Beats Estimates
• Disruptions Thwart Noble 2Q (revised)
• GD High On Profits, Low On Sales
• C.H. Robinson Lags On Rising Costs
• NASDAQ Beats, Sees Sluggish Growth
• Dollar Still Down But Slightly Rebounding
• Forex Trading: EURUSD Correction Targets The 1.43889 Area If The 1.4337 Level Can Hold
• Exclusive Interview: Gloria Guevara, Mexico’s Secretary Of Tourism
• US 2Q GDP To Re-Affirm The Long Term Fundamentals In EUR/USD
• European Markets Close Lower; Dax Down 1.32%
• Forex Trading: GBPUSD Tests 100 Hour MA At 1.6330 Level
• Forex Trading: EURUSD Moves Into Key Support Area On Hourly And Daily Chart
• Sovereign Debt Honeymoon Comes To Crashing End
• Tarsus Boosts Interim Dividend As Confidence Grows
• Interior Services Group To Manage Temporary Infrastructure Work At Olympic Venues

Forex – EUR/JPY Down On Economic Data Posted: 27 Jul 2011 05:10 PM PDT Forexpros – The Euro was lower against the Japanese Yen on Thursday after the release of Japanese data on Retail Sales.<br/><br/> EUR/JPY was trading at 111.92, down 0.11% at time of writing.<br/><br/> The pair was likely to find support at 111.85, Wednesday&rsquo;s low, and resistance at 113.32, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Japanese retail sales rose unexpectedly to a seasonally adjusted annual rate … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Slips In Early Asian Trade Posted: 27 Jul 2011 05:09 PM PDT Forexpros – The euro retreated against the U.S. dollar on Wednesday as investors sought safer dollar positions in light of another poor showing by equities on the U.S. stock exchange market.<br /><br />EUR/USD fell 0.02% to hit 1.4366 during early Asian trade after hitting the day&rsquo;s high of 1.4377. <br /><br />The pair was likely to find support at 1.4324, last Friday&rsquo;s low, and resistance at 1.4377, the day&rsquo;s high.<br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Japan’s Retail Sales Rise Unexpectedly Posted: 27 Jul 2011 05:00 PM PDT Forexpros – Japanese retail sales rose unexpectedly last month, official data showed on Wednesday.<br/><br/>In a report, the Ministry of Economy Trade and Industry said that retail sales rose to a seasonally adjusted annual rate of 1.1%, from -1.3% in the preceding month.<br/><br/>Analysts had expected retail sales to fall at annual rate of -0.5% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Making Sense Of The Current SP500 Market Range Posted: 27 Jul 2011 04:44 PM PDT With all the headlines/news out there, how does one make sense of the current stock market landscape? I suggest thinking of the current market – at least from its chart perspective – in terms of the dominant Price Range boundaries in terms of Value Areas. Let's start with the simple "Value" Chart of the Current S&P 500: The chart above is a nice update to my recent post from July 11th entitled: "Use this Reference Chart to Make Sense of the Current SP500 Range." Comparing the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Wavers As Debt Ceiling Deal Eludes Posted: 27 Jul 2011 04:24 PM PDT Forexpros – The U.S. dollar sank to record lows against several of its major counterparts Wednesday as the U.S. debt ceiling debate remains unresolved, before making a rebound on the back of a dismal day for stocks on Wall Street.<br /><br />During early Asian trade the greenback gained ground against the euro, with EUR/USD inching down 0.01% to hit 1.4364.<br /><br />Market players late in the trading day took to traditionally safe-haven dollar positions as the three … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

New Fuel Efficiency Standards To Be Unveiled Posted: 27 Jul 2011 03:57 PM PDT 07/27/11 The Obama administration will announce its new fuel economy target of 54.5 mpg by … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down In Asian Trade Posted: 27 Jul 2011 03:35 PM PDT Forexpros – The British Pound was lower against the U.S. Dollar on Wednesday.<br/><br/> GBP/USD was trading at 1.6324, down 0.05% at time of writing.<br/><br/> The pair was likely to find support at 1.6262, Monday&rsquo;s low, and resistance at 1.6440, today&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.02% to hit 0.8800 and GBP/JPY falling 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Day Ahead: Earnings: AstraZeneca, Credit Suisse, DuPont, ExxonMobil, Kellogg, MetLife, Motorola Solutions, Motorola Mobility, Starbucks; US Pending Home Sales, Weekly Jobless Claims Posted: 27 Jul 2011 10:20 AM PDT 07/27/11 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

Gold And Silver Resume Secular Uptrends Posted: 27 Jul 2011 03:18 PM PDT The recent decision to inject 60 million barrels of oil into a market that was already in retreat smacks of outright attempts by U.S. Government to manipulate commodity prices.  These actions are reminiscent of the Sunday night blitzkrieg move by COMEX in early May to control silver prices by means of successive margin rate hikes even after silver began declining.  These stratagems of manipulating commodity prices lower has not succeeded as both gold and silver are breaking key … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: How Low Can We Go? Posted: 27 Jul 2011 03:17 PM PDT Cusick’s Corner The market in the After Hours is trading below the lows of the day, and if this budget debacle does not get a resolution, well the market will take on water fast. I am going home in cash and I have a small short exposure in the bonds through a Bond put spread, if this debate could get resolved, bonds might be the first to get pressured, and the Dollar/Euro action could be the flag that would signal that upcoming pressure. After a weak Durables number, the Claims data due out … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Clorox Unimpressed By Icahn Offers Posted: 27 Jul 2011 03:05 PM PDT Clorox Corporation (NYSE:CLX) once again rejected the latest offer of a conditional acquisition from activist investor Icahn Enterprises L.P. Icahn offered $80.00 per share for Clorox, lifting its bid price from the initial offer of $76.50, subject to due diligence, financing and other conditions. After evaluating and discussing the proposal, Clorox's financial and legal advisers came to the conclusion that the offer still undervalues the company. The company moreover believes that the offer … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Clorox Unimpressed By Icahn Offers Posted: 27 Jul 2011 03:05 PM PDT Clorox Corporation (NYSE:CLX) once again rejected the latest offer of a conditional acquisition from activist investor Icahn Enterprises L.P. Icahn offered $80.00 per share for Clorox, lifting its bid price from the initial offer of $76.50, subject to due diligence, financing and other conditions. After evaluating and discussing the proposal, Clorox's financial and legal advisers came to the conclusion that the offer still undervalues the company. The company moreover believes that the offer … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

PNC To Get 27 Flagstar Branches Posted: 27 Jul 2011 03:05 PM PDT PNC Financial Services Group Inc. (NYSE:PNC) is on an acquisition spree. The company has signed a definitive agreement to purchase 27 branches from Flagstar Bank, a subsidiary of Flagstar Bancorp Inc. (NYSE:FBC). Under the deal terms, PNC will acquire 21 and lease 6 branches located in Atlanta, Georgia. Based on balances as of June 30, 2011, PNC will assume around $240 million of deposits associated with these branches. PNC will purchase fixed assets and acquired real estates related to these … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NextEra Energy Continues To Impress Posted: 27 Jul 2011 02:31 PM PDT NextEra Energy Inc. (NEE) announced second-quarter 2011 operating earnings of $1.18 per share, sweeping past the Zacks Consensus Estimate of $1.09 by 9 cents. The quarterly results of the company also rose above the year-ago quarter earnings of $1.11 per share. NextEra Energy recorded GAAP earnings of $1.38 cents per share for the second quarter of 2011 compared with $1.01 per share in the year-ago period. The difference of 20 cents between operating and GAAP earnings, during the second … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Kinetic Reports Mixed Results Posted: 27 Jul 2011 02:31 PM PDT Kinetic Concepts Inc. (NYSE:KCI) reported second quarter 2011 EPS of $1.09, up 45% from 75 cents posted in the year-ago quarter. However, adjusted EPS (excluding non-cash acquisition-related items and expenses associated with portfolio rationalization and Global Business Transformation during the quarter) was $1.23, which missed the Zacks Consensus Estimate by a penny but 21.8% higher than the year-ago quarter earnings. Revenues of $519.8 million increased 4% year over year and also exceeded the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Biotech Stocks To Watch For Thursday Posted: 27 Jul 2011 02:30 PM PDT ( click to enlarge ) MELA Sciences, Inc. (NASDAQ:MELA) had a great move on the upside today and closed at $2.67. The stock is setting up to break out and has one more level to go, which is $2.72.  MELA Sciences is a well capitalized company, with $1.03 in cash per share. This stock has a short interest ratio of 14.3 based on average daily volume of 300.000 shares and 3.575 million shares short. This stock could be a good short squeeze opportunity on any positive news. From a technical … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: NZDUSD Stays Above Support After RBNZ Rate Announcement Posted: 27 Jul 2011 02:11 PM PDT The comments from RBNZ Bollard suggests the cut after the earthquake will be taken away. However, he also feels that because the value of the currency is a drag, there is little need to raise rates further. Inflation he noted is above the 1-3% target, if the effects of the rise in the GST is subtracted, the rate is a more contained (at 2.3%) From a technical perspective, the price has been able to stay above key trendline and 100 hour MA at the 0.8682 and 0.8672 levels respectively. This keeps … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Total System Beats By A Penny Posted: 27 Jul 2011 02:09 PM PDT Total System Services Inc. (NYSE:TSS) reported second-quarter operating earnings of 28 cents per share came in a penny higher than the Zacks Consensus Estimate of 27 cents and climbed from 25 cents per share in the year-ago quarter. Excluding termination fees in 2010, earnings per share surged 25.4%, while net income increased 10.8% to $53.7 million from $49.7 million in the prior-year period. Results reflect increased same client transactions, lower taxes and slight increase in overall … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

S&W Seed: Upgrading Recommendation: Posted: 27 Jul 2011 02:06 PM PDT Ian Gilson, CFA S&W Seed: Upgrading recommendation: The acquisition of the company’s distributer (Genetics International), responsible for nearly half of the company’s annual revenue, improves S&W Seed’s outlook, adds to operating profit, and builds brand awareness overseas. Consequently we have upgraded our recommendation from Neutral to Outperform. The First Order: S&W Seed (SANW) has received its first order under the new relationship with Richard Penner Consulting, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Weather Drives Southern Company Posted: 27 Jul 2011 02:06 PM PDT Electric utility firm Southern Co. (NYSE:SO) reported second quarter 2011 earnings per share of 71 cents, ahead of the Zacks Consensus Estimate of 64 cents and the year-ago period profit of 62 cents. The outperformance reflects the positive effects of weather-related gains, robust industrial sector growth, and regulatory actions in Georgia. Quarterly revenue, at $4,521 million, was up 7.5% year over year and also exceeded the Zacks Consensus Estimate by $59 million. The company's results were … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Int’l Game Tech Beats On Lower Costs Posted: 27 Jul 2011 02:06 PM PDT International Game Technology (NYSE:IGT) reported third quarter 2011 earnings of 26 cents per share, outpacing the Zacks Consensus Estimate by 4 cents, 23.8% higher than the earnings in the year-ago quarter. The strong results were driven by higher revenue growth and lower operating costs in the quarter. Revenues in the reported quarter surpassed the Zacks Consensus Estimate of $487.0 million. Based on strong results in the first nine months, IGT raised its fiscal 2011 earnings per share … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Qiagen EPS In Line, Guidance Low Posted: 27 Jul 2011 02:06 PM PDT Qiagen (NASDAQ:QGEN) reported adjusted EPS of 23 cents (treating share-based compensation as a normal expense) in the second quarter of fiscal 2011, in line with the Zacks Consensus Estimate but surpassing the prior-year quarter earnings by a penny (at constant exchange rates or CER). Net sales during the quarter were $282.2 million, beating both the Zacks Consensus Estimate of $280 million and the year-ago quarter level of $262.7 million. The company reported 1% organic revenue growth at CER, while … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Closing Bell Market Monitor: JNPR, BA, DNKN, WFM Posted: 27 Jul 2011 02:00 PM PDT 07/27/11 The latest in news, commentary, and information on what’s moved the US equities markets just after the ringing of the NYSE closing bell. Includig Dunkin’ Brands IPO, the US debt ceiling talks and Whole Foods after-market … [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: 27 Jul 2011 01:55 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders.<br/><br/> EUR/USD was trading at 1.4368, down 0.98% at time of writing.<br/><br/> The pair was likely to find support at 1.4324, Friday&rsquo;s low, and resistance at 1.4536, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders rose less-than-expected to a seasonally … [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: 27 Jul 2011 01:40 PM PDT Forexpros – The U.S. Dollar was higher against the Japanese Yen on Wednesday after the release of U.S. data on Core Durable Goods Orders.<br/><br/> USD/JPY was trading at 77.99, up 0.13% at time of writing.<br/><br/> The pair was likely to find support at 77.58, today&rsquo;s low, and resistance at 78.72, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders rose less-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Illumina Beats On EPS, Margins Down Posted: 27 Jul 2011 01:33 PM PDT Illumina (NASDAQ:ILMN) reported an EPS of 22 cents in the second quarter of 2011, surpassing the year-ago period EPS by a penny. However, after adjusting for certain one-time items, the EPS was 38 cents, beating the Zacks Consensus Estimate of 36 cents and 11.8% higher than the second quarter of 2010. Revenues were $287.5 million, 36% higher than the year-ago quarter driven by a strong 35.9% growth in product revenues and 30.8% increase in service revenue. The company derives 93.8% of its total … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bemis Beats By A Penny Posted: 27 Jul 2011 01:33 PM PDT Bemis Company Inc. (NYSE:BMS) reported second quarter 2011 earnings of 51 cents per share compared with 58 cents per share in the year-ago quarter. Reported earnings were in line with management's guided range of 48 cents to 54 cents per share but exceeded the Zacks Consensus Estimate by a penny. The increase in raw material prices, particularly specialty resin, adversely affected the company's financial performance during the quarter. Net sales improved 7.9% year over year to $1.37 billion, … [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: 27 Jul 2011 01:25 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders.<br/><br/> EUR/USD was trading at 1.4367, down 0.99% at time of writing.<br/><br/> The pair was likely to find support at 1.4324, Friday&rsquo;s low, and resistance at 1.4536, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders rose less-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Deal Or No Deal? Posted: 27 Jul 2011 01:17 PM PDT Cusick’s Corner The disruption of the grandstanding politicians is starting to spur on the hedge trade, Long Puts and Long Precious metals. The put activity in the S&Ps acting as an equity hedge and buying Gold as a risk off/protection trade (all while Greece is downgraded and Moody’s reviews the US rating) may not be a bad plan. With VIX up 7% and the S&Ps pricing in a potential range of 50 points into August expiration, whether you are positioned bullish or bearish, vertical spread … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Markets Close Lower; Dow Jones Down 1.59% Posted: 27 Jul 2011 01:10 PM PDT Forexpros – U.S. stocks were down after the closing bell on Wednesday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average fell 1.59%, the S&P 500 index shed 2.03%, while the Nasdaq 100 index declined 2.56%.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders rose less-than-expected to a seasonally adjusted 0.1% last month from 0.7% in the preceding month whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Amylin Loss Narrows On Lower Costs Posted: 27 Jul 2011 01:07 PM PDT Amylin Pharmaceuticals (NASDAQ:AMLN) reported a net loss of 21 cents per share in the second quarter of 2011, a penny wider than the Zacks Consensus Estimate but well below the year-ago loss of 28 cents. Despite a decline in revenues, year-over-year loss declined due to lower expenses. Second quarter revenues declined 3.8% to $158.1 million. Revenues, however, exceeded the Zacks Consensus Estimate of $156 million. Quarterly Details Total revenues for the quarter declined mainly due to lower net … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Mylan Beats On All Fronts Posted: 27 Jul 2011 01:07 PM PDT Mylan Inc.'s (NYSE:MYL) second quarter 2011 earnings (excluding special items) of 52 cents per share were above the Zacks Consensus Estimate of 45 cents as well as the year-ago earnings of 37 cents per share. Earnings growth was driven by increase in generics revenue and improved gross margins. Quarter in Details Total revenues at Mylan climbed 15% over the prior year to $1.57 billion driven by increased sales of generic drugs and the positive impact of foreign exchange (Fx). Revenues were also … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Covidien Tops In 3Q, Profit Balloons Posted: 27 Jul 2011 01:07 PM PDT International medical technology giant Covidien plc (NYSE:COV) posted third-quarter fiscal 2011 (ended June 24) adjusted earnings per share (from continuing operation) of $1.01, outstripping the Zacks Consensus Estimate of 95 cents and surpassing the year-ago earnings of 85 cents. Adjusted earnings exclude one-time items such as restructuring charges and tax-related adjustments. Net income (from continuing operation) ballooned 51% year over year to $532 million (or $1.06 a share), powered by a … [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: 27 Jul 2011 12:55 PM PDT Forexpros – The British Pound was lower against the U.S. Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders.<br/><br/> GBP/USD was trading at 1.6335, down 0.42% at time of writing.<br/><br/> The pair was likely to find support at 1.6262, Monday&rsquo;s low, and resistance at 1.6440, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders rose less-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Ecolab’s 2Q EPS Meets, Ups View Posted: 27 Jul 2011 12:40 PM PDT Leading cleaning and sanitation products maker Ecolab Inc's (NYSE:ECL) second-quarter fiscal 2011 adjusted (excluding special gains/charges and tax-related adjustments) earnings of 64 cents a share matched the Zacks Consensus Estimate while surpassing the year-ago adjusted earnings of 56 cents. The results met the top end of the Minnesota-based company's guidance of 62-64 cents. Net income (attributable to Ecolab) for the quarter fell 2.6% year over year to $125.9 million (or 53 cents a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Allegheny Misses But Profits Increase Posted: 27 Jul 2011 12:35 PM PDT Allegheny Technologies Incorporated (NYSE:ATI) reported an increase in profit to $76.7 million or 70 cents per share (excluding acquisition related expenses of $12.7 million, net of tax) in the second quarter of 2011 from $36.4 million or 36 cents per share in the same quarter of 2010. However, the profit was lower than the Zacks Consensus Estimate of 73 cents per share. Sales in the quarter increased 28.5% to $1.35 billion, driven by higher shipments for most high-value products, higher raw … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Exelon Beats EPS, Lags Sales Posted: 27 Jul 2011 12:35 PM PDT Exelon Corporation (NYSE:EXC) announced second-quarter 2011 operating earnings of $1.05 per share, up from 99 cents per share in the year-ago quarter and ahead of the Zacks Consensus Estimate of 97 cents. The year-over-year growth in earnings was attributable to new electric and gas distribution rates at PECO effective January 2011, higher realized energy prices in the Mid-Atlantic region due to the expiration of the power purchase agreement and due to special tax deduction related to nuclear … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Acxiom Reports In-Line Results Posted: 27 Jul 2011 12:35 PM PDT Acxiom Corporation (NASDAQ:ACXM) reported revenues of $288.9 million in the first quarter of fiscal 2012, up 6.9% year over year and surpassed the Zacks Consensus Estimate of $277 million. On a segment basis, Information services generated revenues of $225.6 million, up 7.1% year over year. Information products generated revenues of $63.3 million, up 6.0% year over year. Gross margin came in at 20.6% from 22.2% in the year-ago quarter.  Operating margin came in at 7.7%, down from 8.2% in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Government Distortions Of Markets Led The Economy To Disaster, Not Unregulated Capitalism Posted: 27 Jul 2011 12:35 PM PDT From a recent column by Mona Charen: In their new book “Reckless Endangerment,” authors Morgenson and Rosner offer considerable censure for reckless bankers, lax rating agencies, captured regulators and unscrupulous businessmen. But the greatest responsibility for the collapse of the housing market and the near “Armageddon” of the American economy belongs to Fannie Mae and Freddie Mac and to the politicians who created and protected them. With a couple of prominent exceptions, the politicians … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Up In U.S. Trading Hours Posted: 27 Jul 2011 12:30 PM PDT Forexpros – The U.S. Dollar was higher against the Swiss Franc on Wednesday after the release of U.S. data on Core Durable Goods Orders.<br/><br/> USD/CHF was trading at 0.8024, up 0.13% at time of writing.<br/><br/> The pair was likely to find support at 0.7996, today&rsquo;s low, and resistance at 0.8247, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders rose less-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

07/27 FX Options Report Posted: 27 Jul 2011 12:28 PM PDT The USD fell to record lows vs. the CHF and AUD, as US debt negotiations stalled in Washington, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Up In U.S. Trade Posted: 27 Jul 2011 12:10 PM PDT Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders.<br/><br/> USD/CAD was trading at 0.9497, up 0.56% at time of writing.<br/><br/> The pair was likely to find support at 0.9407, Tuesday&rsquo;s low, and resistance at 0.9530, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders rose less-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Initiating Coverage Of InVivo Therapeutics Posted: 27 Jul 2011 12:05 PM PDT Jason Napodano, CFA Initiating Coverage of InVivo Therapeutics We are initiating coverage of InVivo Therapeutics (NVIV) with an Outperform rating and $4.50 price target. We are excited about the opportunity that InVivo presents to investors. There are currently no significant treatment options for patients with SCI. Although many companies are currently working on pharmaceutical treatment options, we like InVivo's approach with their biopolymer scaffold device (BSD) for several … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Zimmer Beats, Revises Outlook Posted: 27 Jul 2011 12:05 PM PDT Zimmer Holdings (NYSE:ZMH) reported an adjusted EPS of $1.21 during the second quarter of fiscal 2011, surpassing the Zacks Consensus Estimate of $1.19 and $1.09 in the corresponding quarter of fiscal 2010. Zimmer reported revenues of $1,137 million during the quarter, 7.5% higher than the year-ago period (2.1% at constant exchange rates, CER) and beating the Zacks Consensus Estimate of $1,129 million. While revenues recorded from Americas remained unchanged at $608 million, revenues from Europe … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

RNR Stumbles Due To CAT Losses Posted: 27 Jul 2011 12:05 PM PDT Yesterday, RenaissanceRe Holdings Ltd. (RNR) reported second quarter operating loss of 21 cents per share, as opposed to the Zacks Consensus Estimate of operating earnings of $1.64, showing a sharp decline from operating earnings of $2.40 per share reported in the year-ago quarter. Net income also plunged 88.2% to $24.8 million from $210.2 million in the prior-year quarter. Results deteriorated primarily due to losses amounting to $70.8 million arising as a consequence of U.S. tornadoes. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Fiserv Beats Estimates Posted: 27 Jul 2011 12:05 PM PDT Fiserv Inc. (NASDAQ:FISV) reported adjusted income from continuing operations of $163 million (excluding items) or $1.13 per share in the second quarter of 2011, which was up 13% from the year-earlier quarter. The reported figure surpassed the Zacks Consensus Estimate of $1.08. Including one-time items, net income from continuing operations came in at $97 million, down 25% from the year-earlier quarter, mainly due to a loss of $61 million related to an early debt extinguishment. Revenues Revenues … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

HIV Franchise Drives Gilead Posted: 27 Jul 2011 12:05 PM PDT Gilead Sciences Inc.'s (NASDAQ:GILD) adjusted earnings per share of 95 cents for the second quarter of 2011 were 14 cents above the year-earlier earnings of 81 cents. The earnings growth was driven by a solid top-line performance in the reported quarter. Earnings were however a penny short of the Zacks Consensus Estimate. Second quarter revenues were up 11% from the prior-year quarter to $2.14 billion. Total revenues also topped the Zacks Consensus Estimate of $2.10 billion. Revenue performance … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Vocus Outperforms On Demand Growth Posted: 27 Jul 2011 12:05 PM PDT Vocus Inc.'s (NASDAQ:VOCS) second quarter 2011 adjusted earnings per share (EPS) of 2 cents outpaced the Zacks Consensus Estimate of break-even. Organizations' eagerness to woo customers through online social networking sites boosted the demand for Vocus' products and services, which backed the quarter's outperformance. The adjusted earnings figure excludes amortization of intangible assets, fair value adjustments to deferred revenue and acquisition-related expenses, but includes stock-based … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Omnicare Tops, View Intact Posted: 27 Jul 2011 12:05 PM PDT Omnicare Inc. (NYSE:OCR), which sells drugs to long-term care facilities and nursing homes, reported second-quarter fiscal 2011 adjusted (excluding one-time expenses) earnings per share of 50 cents, beating the Zacks Consensus Estimate by a penny. Reported net income from continuing operations, for the quarter, was $36.3 million (or 32 cents per share) compared with $23.7 million (or 20 cents per share) in the year-ago quarter. The results include the effect of special items, including … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

World Trade And Output Continue To Improve Posted: 27 Jul 2011 11:55 AM PDT The CPB Netherlands Bureau for Economic Policy Analysis released its monthly report this week on world trade and world industrial production for the month of May.  Here are some of the highlights: 1. World trade volume increased by 2.3% in May from the previous month, following a decrease of 2.2% in April.  Imports of all major regions and countries increased strongly. However, exports of the emerging countries declined further with the exception of Latin-America. Exports of the … [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: 27 Jul 2011 11:45 AM PDT Forexpros – The Euro was lower against the U.S. Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders.<br/><br/> EUR/USD was trading at 1.4361, down 1.03% at time of writing.<br/><br/> The pair was likely to find support at 1.4324, Friday&rsquo;s low, and resistance at 1.4536, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders rose less-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Bear Flagging? Correction Falls Short Posted: 27 Jul 2011 11:43 AM PDT The EURUSD has fallen short of the 38.2% retracement and moved back down to the lower channel support. The channel in this case could be forming a bear flag. A break of the bottom trendline at the 1.4356 level is needed to shift the bias toward starting the next wave lower.  Even so, a move below the 1.4356 level will still require a push through the key support at the 1.4337 level (38.2% of the move on the hourly chart – see below). However, the buyers have so far … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hess Lags Estimates, But Grows Posted: 27 Jul 2011 11:35 AM PDT Integrated oil company Hess Corporation (NYSE:HES) reported second quarter 2011 earnings of $1.78 per share, which was below the Zacks Consensus Estimate of $1.97. The company missed the earnings estimate primarily due to lower production. However, the company improved significantly from its year-earlier earnings of $1.15 because of higher realized prices. Total revenue jumped 26.5% year over year to $9.8 billion in the quarter, but missed the Zacks Consensus Estimate of $10.5 billion. Operational … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Sunoco Logistics’ Profits Surge Posted: 27 Jul 2011 11:35 AM PDT Crude oil pipelines and terminals operator Sunoco Logistics Partners L.P. (SXL) announced a jump in its second-quarter 2011 profits, driven by strong contributions from the crude pipeline system and terminals facilities. The partnership's diluted earnings per unit ("EPU") came in at $2.40, significantly ahead of the Zacks Consensus Estimate of $1.31 and the year-ago period profit of $1.29. Revenues of $2,428.0 million were up 19.1% from the second quarter 2010 and also beat our projection … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Lower Revenue Hurts DST 2Q Posted: 27 Jul 2011 11:35 AM PDT DST Systems Inc. (NYSE:DST) has posted second-quarter 2011 adjusted earnings per share (EPS) of $1.05 cents, lower than prior-year earnings of $1.23 and the Zacks Consensus Estimate of $1.06. The quarter's EPS excludes business development expenses, net gain on the disposition of securities and other investments and net loss on repurchase of convertible debentures. Revenue Total revenue in the second quarter was $582.2 million, down 5.2% from $613.9 million in the year-ago quarter. Excluding … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Kimco’s Recurring FFO In Line Posted: 27 Jul 2011 11:35 AM PDT Kimco Realty Corp. (NYSE:KIM), a leading real estate investment trust (REIT), reported second quarter 2011 rental revenues of $219.2 million compared with $208.3 million in the year-earlier quarter – an increase of 5.2%. Total revenues for the reported quarter missed the Zacks Consensus Estimate of $221.0 million. Kimco reported second quarter 2011 fund from operations (FFO)of $118.0 million or 29 cents per share compared with $105.6 million or 26 cents in the year-ago period. Fund from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Sealed Air Beats, Reaffirms Outlook Posted: 27 Jul 2011 11:35 AM PDT Sealed Air Corporation (NYSE:SEE) has reported its fiscal 2011 second quarter results posting an EPS of 37 cents, a penny below from the year-earlier quarter. The quarter noted costs related to the proposed acquisition of Diversey of 3 cents per share, which was a one-time item. Excluding this, the adjusted EPS amounted to 40 cents versus 35 cents in the year-ago quarter and above the Zacks Consensus Estimate of 38 cents. Total revenue in the reported quarter increased 11% year over year to $1.21 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Consolidates Ahead Of RBNZ Interest Rate Decision Posted: 27 Jul 2011 11:27 AM PDT Prev: The NZD/USD  Has Left the Station; Are you on the Kiwi Express? (7/21) NZD/USD Support Pivots: - The NZD/USD has stalled its strong bullish run near 0.8765. In the US session, risk aversion propped up the USD, and we are seeing a sharp correction as NZD/USD falls to the 0.8690 support pivot, cracking it. - The 0.8675 pivot is the lower level in this range of support, coincident with a rising trendline, and the 23.6% level. - A break below 0.8675 opens up the 38.2% retracement … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Up In U.S. Trade Posted: 27 Jul 2011 11:15 AM PDT Forexpros – The Australian Dollar was higher against the U.S. Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders.<br/><br/> AUD/USD was trading at 1.1026, up 0.63% at time of writing.<br/><br/> The pair was likely to find support at 1.0796, Monday&rsquo;s low, and resistance at 1.1080, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders rose less-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

MeadWestvaco Beats Rev, Meets EPS Posted: 27 Jul 2011 11:05 AM PDT MeadWestvaco Corporation (NYSE:MWV) has reported its fiscal 2011 second quarter results reporting an EPS of 51 cents versus 32 cents in the yea-earlier quarter. The quarter noted a one-time restructuring charge amounting to 3 cents, excluding which the adjusted EPS increased to 54 cents from 38 cents in the year-ago quarter, in line with the Zacks Consensus Estimate. Total revenue increased 9% year over year to $1.56 billion in the reported quarter, striding ahead of the Zacks Consensus Estimate … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Options Fly Following Juniper Networks Disappointment Posted: 27 Jul 2011 11:04 AM PDT Options fly following Juniper Networks disappointment Today's tickers: JNPR, IACI, KMX & NWL (NASDAQ:JNPR) – Juniper Networks, Inc. – Investors are initiating diverse options strategies on the largest maker of Internet networking equipment today in the aftermath of an earnings miss that sent shares in Juniper Networks down more than 20.0% to a new 52-week low of $24.72. It looks like some traders are bracing for shares to extend losses, while other investors position for the stock to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USDCAD Test The 200 Hour MA And The 38.2% Retracement Posted: 27 Jul 2011 11:00 AM PDT The USDCAD has continued to rally this afternoon after breaking above the 100 hour MA earlier (blue line in the chart above). The momentum move has pushed the price right up to the 200 hour MA and the 38.2% retracement of the move down from the July 15th high.  The market is likely to find profit taking sellers against these key levels.  If the price breaks above look for stops triggered and further upside … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

“Risk To US Credit Rating… Bad For Market” Posted: 27 Jul 2011 11:00 AM PDT 07/27/11 Meridian Equity Partners’ Joseph Greco discusses the extended slide in US equities ahead of the debt ceiling deadline … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

JetBlue Lags EPS, Posts Record Rev Posted: 27 Jul 2011 10:56 AM PDT The discounted U.S. airline JetBlue Airways Corporation (NASDAQ:JBLU) has reported second quarter adjusted earnings per share (EPS) of 8 cents, missing the Zacks Consensus Estimate by a penny. Despite solid revenue growth, earnings per share dropped 19% from the year-ago quarter due to rising fuel costs and increased maintenance expenses. Total revenue climbed 22.4% year over year to a record $1.15 billion and outpaced the Zacks Consensus Estimate of $1.13 billion. Airline traffic, measured in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Northrop EPS Beats, Misses Sales Posted: 27 Jul 2011 10:56 AM PDT Los Angeles-based leading shipbuilder and defense contractor, Northrop Grumman Corporation (NYSE:NOC) reported second quarter 2011 adjusted earnings of $1.81 per share compared with $1.46 per share in the second quarter 2010. The results reflect the spin-off of Huntington Ingalls Industries, Inc. (HII), the company's former shipbuilding business. Northrop’s earnings also exceeded the Zacks Consensus Estimate of $1.67 for the quarter. Operational Performance Sales for the reported quarter … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Job-Killing Spending Cuts Posted: 27 Jul 2011 10:56 AM PDT How did we get to the point where it is automatically assumed that any increase in taxes will slow the economy, but that there is no limit to the amount of spending cuts you can make without harm to the economy? There is there is absolutely not justification for that in macroeconomic theory. Both spending cuts and tax increases are a form of fiscal contraction and should serve to slow the economy. As a general rule, a spending cut of $X should end up slowing the economy by more than an … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Nabors Misses Top And Bottom Lines Posted: 27 Jul 2011 10:56 AM PDT Global land drilling contractor Nabors Industries Ltd. (NYSE:NBR) reported lackluster second quarter 2011 results, hurt by slow international activities along with weather-related difficulties and operational hindrances. Earnings per share from continuous operations (excluding special items) came in at 23 cents, lagging Zacks Consensus Estimate of 25 cents. However, on a year-over-year comparison, results improved 53.3% from 15 cents earned in the year-ago quarter. Revenues of $1.36 billion were … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

“Mad As Hell, And Not Going To Take It Anymore” Posted: 27 Jul 2011 10:55 AM PDT If this 5-minute video clip does not capture the spirit and rage that is boiling in our nation, I do not know what does. I thank the regular reader who shared this with me. I commend Jim Garvin for standing up, speaking out, and sharing a healthy does of 'sense on cents' in the process. If you feel Jim's pain and share his concerns, as I do, then spread his message. In my opinion, you will be doing a public service and expressing your love for our nation and especially our future … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: NZDUSD Awaits The RBNZ Interest Rate Decision Posted: 27 Jul 2011 10:45 AM PDT The Reserve Bank of New Zealand will announce their interest rate decision at 5 PM ET today with expectations for unchanged policy at 2.5%.  The comments that accompany the results will be eyed by the market with hints of tightening down the road being bullish.  If they do not hint of tightenings and instead comment solely on the headwinds caused by the strong currency and issues in the EU and US, this should be bearish for the currency as investors take the tightening … [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: 27 Jul 2011 10:45 AM PDT Forexpros – The New Zealand Dollar was lower against the U.S. Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders.<br/><br/> NZD/USD was trading at 0.8696, down 0.11% at time of writing.<br/><br/> The pair was likely to find support at 0.8584, Friday&rsquo;s low, and resistance at 0.8766, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders rose less-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Las Vegas Sands Beats Estimates Posted: 27 Jul 2011 10:35 AM PDT Las Vegas Sands Corp. (NYSE:LVS) recorded adjusted earnings of 54 cents per share in the second quarter of 2011, beating the Zacks Consensus Estimate of 44 cents as well as the year-ago quarter earnings of 17 cents. On a GAAP basis, the company reported net income of $367.6 million, or 45 cents per share, compared with a loss of $4.7 million, or 1 cent  per share, in the year-ago quarter. The improvement primarily reflects a rise in operating income, partially offset by increases in net … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Disruptions Thwart Noble 2Q (revised) Posted: 27 Jul 2011 10:35 AM PDT Contract drilling company Noble Corporation (NYSE:NE) has reported second quarter 2011 earnings of 17 cents per share (excluding one-time items), failing to meet the Zacks Consensus Estimate of 27 cents and falling steeply from the adjusted year-earlier profit of 93 cents. Disruption of services at five rigs during the quarter was the chief reason for this underperformance. Total revenue in the quarter plunged more than 11% to $628 million from $709.9 million in the comparable quarter last year. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GD High On Profits, Low On Sales Posted: 27 Jul 2011 10:35 AM PDT Defense and aerospace operator General Dynamics Corporation (NYSE:GD) reported mixed numbers in the second quarter of 2011. In the reported quarter performance of the company was affected by receding revenues across business segments. This was partially salvaged by lower costs. As a result earnings from continuing operations came in at $1.79 per share, surpassing the Zacks Consensus Estimate of $1.73. Results also comfortably beat earnings of $1.68 in the year-ago quarter. On a reported basis … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

C.H. Robinson Lags On Rising Costs Posted: 27 Jul 2011 10:35 AM PDT C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) has reported second quarter 2011 earnings per share of 67 cents, which fell short of the Zacks Consensus Estimate by 2 cents. Earnings per share increased 13.6% from 59 cents in year-ago quarter primarily driven by pricing improvements. The year-over-year growth in the second quarter remained largely impacted by the increase in operating expenses. Total revenue in the second quarter increased 10.3% year over year to $2,707.7 million, but narrowly … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NASDAQ Beats, Sees Sluggish Growth Posted: 27 Jul 2011 10:35 AM PDT NASDAQ OMX Group Inc.'s (NASDAQ:NDAQ) second quarter operating earnings per share of 62 cents came in a couple higher than the Zacks Consensus Estimate of 60 cents but modestly ahead of 52 cents in the prior-year quarter. NASDAQ's GAAP net income came in at $92 million or 51 cents per share, slightly up from $96 million or 46 cents in the year-ago quarter. Results in the reported quarter included $20 million of net merger and strategic initiatives, a sub-lease loss reserve and other … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dollar Still Down But Slightly Rebounding Posted: 27 Jul 2011 05:30 AM PDT 07/27/11 After yet another rough start, the dollar has since rebounded as there fails to be any new talks regarding the US debt … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Correction Targets The 1.43889 Area If The 1.4337 Level Can Hold Posted: 27 Jul 2011 10:03 AM PDT The EURUSD ability to hold the 38.2% of the move up from the July 18th low at the 1.4337 level could signal a low from the quick move lower has reached a low.  If the price is able to find buyers against this level on dips, I would expect a corrective move higher which would next target the 1.43889 level. This is the 38.2% of the last fast leg down and the minimum target any buyers down here would require if the bottom is indeed in place.  The burden of proof is on the buyers to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Exclusive Interview: Gloria Guevara, Mexico’s Secretary Of Tourism Posted: 27 Jul 2011 10:00 AM PDT 07/27/11 Mexico’s Secretary of Tourism visits the NYSE, and discusses the latest tourism campaign for the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

US 2Q GDP To Re-Affirm The Long Term Fundamentals In EUR/USD Posted: 27 Jul 2011 09:55 AM PDT Fundamental Release: US 2Q GDP (1st release for 2nd Quarter) Time: Friday, July 29th, @ 8:30AM ET (12:30PM GMT) Forecast: 1.8% annualized rate, pr. 1.9% (1Q) Pair(s): USD crosses Importance of This Event: The expectations for the 2nd quarter GDP is for a continuation of weak growth and continuation of a slow recovery. A slow growth rate sets the stage for tepid job growth and looser Fed monetary policy. Reporting on futures prices shows that there is a 50% expectation that the Fed will raise … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Markets Close Lower; Dax Down 1.32% Posted: 27 Jul 2011 09:55 AM PDT Forexpros – European stocks were down after the closing bell on Wednesday.<br/><br/> At the close of European trade, Germany&rsquo;s DAX fell 1.32%, London&rsquo;s FTSE 100 shed 1.23%, France&rsquo;s CAC 40 declined 1.42% and the EURO STOXX 50 was down 1.68%.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders rose less-than-expected to a seasonally adjusted 0.1% last month from 0.7% in the preceding month whose figure was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: GBPUSD Tests 100 Hour MA At 1.6330 Level Posted: 27 Jul 2011 09:47 AM PDT … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Moves Into Key Support Area On Hourly And Daily Chart Posted: 27 Jul 2011 09:37 AM PDT The 1.4337 is the 38.2% of the move up and also is the underside of the old trendline.  Below this level is the 100 day MA at the 1.4321 level today.  There are likely to be buyers against these support levels with stops … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Sovereign Debt Honeymoon Comes To Crashing End Posted: 27 Jul 2011 09:17 AM PDT Deficit worries on either side of the Atlantic continued to spook investors midweek. There's apparently still not enough room for U.S. lawmakers to maneuver beneath an already dizzying $14.3 trillion U.S. deficit ceiling while investors looking over last week's clever rewriting by EU leaders of how to prevent the imminent collapse of a regional sovereignty have found some flaws in the works. Stocks are sliding once again while bond prices have used the opportunity to take another … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Tarsus Boosts Interim Dividend As Confidence Grows Posted: 27 Jul 2011 05:55 AM PDT Business-to-business media and exhibitions group Tarsus (LON:TRS) was in bullish mood today, declaring a 5% increase in its interim dividend to 2.1p. Chief executive Douglas Emslie said the move was an important indicator of the group's confidence about its businesses in the near term. Yesterday, shares in Tarsus leapt by 14.5p to 165p ahead of the interim figures. While profit taking among investors tugged the price back down during trading today, at 158p the stock remains close to the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Interior Services Group To Manage Temporary Infrastructure Work At Olympic Venues Posted: 27 Jul 2011 03:29 AM PDT With one year to go until the start of the 2012 Olympics, AIM listed construction services business Interior Services Group (LON:ISG) has been appointed to provide construction management services for the temporary facilities and services at Olympic venues. ISG will manage 'overlay' at the venues during the London 2012 Games, which encompasses temporary spectator seating, tents, cabins and platforms as well as utilities, fire safety, specialist sports lighting and drainage. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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