DailyMarkets.com - Forex – EUR/USD Down In Asian Trade

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• Forex – EUR/USD Down In Asian Trade
• Rare Earth Stocks Undervalued And Beginning To Reverse Higher
• Forex – USD/JPY Up During Asian Trade
• Prescription Drug Prices To Decline As Patents Expire
• Forex – NZD/USD Up In Asian Trade
• The Day Ahead: Earnings – Aetna, Aflac, Boeing, ConocoPhillips, Delta, Dow Chemical, Symantec, Visa, Whole Foods; US Data: Fed’s Beige Book, Durable Goods Orders, EIA Oil Inventories
• Hot Option Plays: Playing Chicken
• Expect A Strong Second Half At CTS
• Markets In Everything? Pay College Athletes
• Join Me Wednesday!
• Earnings Preview: Logitech
• Earnings Scorecard: Quest Diagnostics
• Simponi Label Expansion Nixed
• Stock Watch List For Wednesday, July 27
• Resilient Lockheed Beats Estimates
• AIG’s $450M Deal Gets Nod
• The Biggest Driver In The Deficit Battle: Standard & Poor’s
• Regions Posts Profit, Tops Estimate
• Lexmark Trumps Estimates
• Amazon Surges Back In 2Q
• Closing Bell Market Monitor: MMM, UPS, NFLX, AMZN
• Forex – EUR/USD Up At The End Of U.S. Session
• But I Thought It Doesn’t Matter?
• Forex – USD/JPY Down Toward The End Of U.S. Session
• Roper Beats On Strong Sales
• Patriot Coal Surpasses Estimates
• T. Rowe Price Profit Soars, Misses
• Unisys Easily Beats Estimate
• Watson Ups View On Strong Results
• Sigma Surpasses Estimates
• Forex – EUR/USD Up Toward The End Of U.S. Session
• U.S. Markets Mixed At Close; Dow Jones Down 0.73%
• Forex – GBP/USD Up During The U.S. Session
• For Some Products, Prices Have Been Falling
• Aaron Meets Estimates
• National Oilwell Reports Strong 2Q
• Earnings Preview: Colgate-Palmolive
• Forex – USD/CHF Down In U.S. Trading Hours
• Forex – USD/CAD Down In U.S. Trade
• Forex – EUR/USD Up In U.S. Trading Hours
• Forex Trading: EURUSD Tests Key Resistance. Will The Move Fail? 1.4508 Is Eyed
• Optimism Detected In Plum Creek Timber Options Despite Earnings Miss
• “Default Is Not An Option”
• Dollar Drop Continues As Debt Talks Fail To Progress
• Crude Just Under $100 As Debt Talks Stall & Dollar Drops
• Exclusive Interview: Robert C. Holderith, Emerging Global Advisors
• Word From The Floor: Dow Starts Lower On Mixed Earnings, Ongoing Debt Talks
• Strong Sales Leads To Another 2Q Profit For Ford
• Morning Market Brief

Forex – EUR/USD Down In Asian Trade Posted: 26 Jul 2011 05:05 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4508, down 0.01% at time of writing.<br/><br/> The pair was likely to find support at 1.4324, Friday&rsquo;s low, and resistance at 1.4526, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.10% to hit 0.8837 and EUR/JPY rising 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Rare Earth Stocks Undervalued And Beginning To Reverse Higher Posted: 26 Jul 2011 04:21 PM PDT Goldman Sachs recently based its rare earth recommendations on a limited universe consisting of two stocks, Molycorp and Lynas Those of us who delve into the markets are referred to politely as investors.  That is a Madison Avenue spin on what should in essence be a more accurate description.  We are speculators, which is a more precise appellation.  We assume business risks in hopes of gain.  We buy and sell in the expectation of profiting from market fluctuations. We … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Up During Asian Trade Posted: 26 Jul 2011 04:15 PM PDT Forexpros – The U.S. Dollar was higher against the Japanese Yen on Tuesday.<br/><br/> USD/JPY was trading at 77.92, up 0.04% at time of writing.<br/><br/> The pair was likely to find support at 77.83, today&rsquo;s low, and resistance at 79.02, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.01% to hit 1.4509 and GBP/USD rising 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Prescription Drug Prices To Decline As Patents Expire Posted: 26 Jul 2011 03:57 PM PDT 07/26/11 The expiration of prescription drug patents will lead to a decline in costs for patients. An increase in generic medications means cheaper alternatives for the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Up In Asian Trade Posted: 26 Jul 2011 03:35 PM PDT Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Tuesday.<br/><br/> NZD/USD was trading at 0.8722, up 0.18% at time of writing.<br/><br/> The pair was likely to find support at 0.8540, Thursday&rsquo;s low, and resistance at 0.8742, today&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.25% to hit 1.2554 and EUR/NZD falling 0.19% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Day Ahead: Earnings – Aetna, Aflac, Boeing, ConocoPhillips, Delta, Dow Chemical, Symantec, Visa, Whole Foods; US Data: Fed’s Beige Book, Durable Goods Orders, EIA Oil Inventories Posted: 26 Jul 2011 10:20 AM PDT 07/26/11 The stories, data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Playing Chicken Posted: 26 Jul 2011 03:17 PM PDT Cusick’s Corner We finished right on the lows and the bureaucrats in Washington still think that it is ok to continue to play Deficit Chicken. The pullback in the Buck was something that caught my eye and explained the run in the Commodities, XLE/DBC/FCX, so these are the sectors that investment will be pouring into at this stage of the market. Until we get some idea how this debt ceiling issue will be resolved, money flow will be somewhat jittery. See you Midday. Market action was mixed into … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Expect A Strong Second Half At CTS Posted: 26 Jul 2011 03:15 PM PDT Ken Nagy, CFA Expect a Strong Second Half at CTS CTS designs, manufactures, assembles, and sells a broad line of electronic components and sensors. The firm also provides electronics manufacturing services primarily to original equipment manufacturers (OEMs), for the automotive, computer, communications, medical, industrial, and defense and aerospace markets. The firm was established in 1896 as a provider of high-quality telephone products and was incorporated as an Indiana corporation in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Markets In Everything? Pay College Athletes Posted: 26 Jul 2011 03:08 PM PDT Michael Rosenberg at Sports Illustrated has a sensible and simple solution to NCAA corruption – Let College Athletes Get Paid: “Every Saturday in the fall, we pack college stadiums, raise the American flag, stand quietly as a marching band plays The Star-Spangled Banner, and cheer for a sport that prohibits capitalism. College athletes cannot be paid. Every American knows this. The concept is as entrenched in our bloodstreams as cholesterol. We have accepted it for so long, and gone along … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Join Me Wednesday! Posted: 26 Jul 2011 03:06 PM PDT I have been invited to speak to the Market Technicians Association (MTA) Wednesday, July 27…and you're invited! MTA is a professional organization dedicated to serving thousands of market analysis professionals around the globe. They also provide outstanding education for their members, which you should definitely check out HERE (my name is mixed in with the likes of John Murphy and Martin Pring!) I'm thrilled to have the opportunity to speak to such a prestigious audience. The Topic My … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Logitech Posted: 26 Jul 2011 03:05 PM PDT Logitech International (NASDAQ:LOGI) is scheduled to announce its second quarter earnings before the opening bell on July 27, 2011. The current Zacks Consensus Estimates for the quarter is earnings of 2 cents a share. For the quarter under review, revenue is expected at $505 million, according to the Zacks Consensus Estimate. Fourth-Quarter 2011, Summary Logitech International reported fourth-quarter fiscal 2011 earnings per share of 2 cents, below the Zacks Consensus Estimate of 6 cents and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Scorecard: Quest Diagnostics Posted: 26 Jul 2011 03:05 PM PDT The announcement of Quest Diagnostics' (NYSE:DGX) second quarter of fiscal 2011 results as on July 20, 2011, has coaxed analysts to revise estimates downwards. Second Quarter Highlights Quest Diagnostics reported adjusted EPS of $1.12 during the second quarter of fiscal 2011, a penny below the Zacks Consensus Estimate but higher than last year’s $1.07. Adjusted EPS takes into account $0.10 per share of transaction and integration costs associated with the Athena Diagnostics and Celera … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Simponi Label Expansion Nixed Posted: 26 Jul 2011 03:05 PM PDT Johnson & Johnson (NYSE:JNJ) recently received a complete response letter (CRL) from the US Food and Drug Administration (FDA) for its supplemental Biologics License Application (sBLA) for Simponi (golimumab). Johnson & Johnson was looking to expand Simponi's label to include inhibiting the progression of structural damage, inducing major clinical response (MCR) and maintenance of reduction of signs and symptoms and maintenance of improved physical function in the treatment of moderately … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Watch List For Wednesday, July 27 Posted: 26 Jul 2011 02:38 PM PDT ( click to enlarge )  This is a short term look at Sirius XM Radio Inc. (NASDAQ:SIRI) chart : - SIRI closed again below its 50-day moving average. This is generally considered to an indication of a bearish trend. - The Stochastic Oscillator is registering a bearish signal as the %K is below the %D. - The On Balance Volume indicator presently offers a neutral signal. - Short term: Prices are moving. (down). By the way, prices are vulnerable to a correction towards $1.92. - The RSI is currently … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Resilient Lockheed Beats Estimates Posted: 26 Jul 2011 02:36 PM PDT Before markets opened today, Lockheed Martin Corporation (NYSE:LMT) showing resilience reported strong second quarter fiscal 2011 earnings of $2.14, sailing past the Zacks Consensus Estimate of $1.94. Reported earnings were burdened with charges related to workforce reduction and pension adjustments. Excluding discontinued operations and a tax benefit related to the recognition of a deferred tax asset, operating earnings in the year-ago quarter were $1.92. On a reported basis, the company reported … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AIG’s $450M Deal Gets Nod Posted: 26 Jul 2011 02:36 PM PDT Yesterday, American International Group Inc. (NYSE:AIG) got the preliminary approval for a $450 million payment deal for the settlement of a workers' compensation cheating claim, from a U.S. court. AIG has been engaged in a legal tussle with various parties since May 2005 when a New York attorney filed a civil suit against the company with the backing of New York State Insurance Department and Securities and Exchange Commission, claiming that it was misleading investors and regulators by … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Biggest Driver In The Deficit Battle: Standard & Poor’s Posted: 26 Jul 2011 02:14 PM PDT If you think deficit-reduction is being driven by John Boehner or Harry Reid, think again. The biggest driver right now is Standard & Poor's.   All of America's big credit-rating agencies — Moody's, Fitch, and Standard & Poor's — have warned they might cut America's credit rating if a deal isn't reached soon to raise the debt ceiling. This isn't surprising. A borrower that won't pay its bills is bound to face a lower credit rating. But Standard & … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Regions Posts Profit, Tops Estimate Posted: 26 Jul 2011 02:09 PM PDT Regions Financial Corporation's (NYSE:RF) second quarter 2011 earnings came in at 4 cents per share, topping the Zacks Consensus Estimate of a break-even. Quarterly results benefited from lower loan loss provisions and represented the company's third consecutive quarterly profit after incurring losses since the second quarter of 2009. Adjusted earnings per share, excluding regulatory adjustments and significant items, came in at 4 cents per share for the reported quarter, compared with a loss … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Lexmark Trumps Estimates Posted: 26 Jul 2011 02:09 PM PDT Lexmark International Inc. (NYSE:LXK) has posted second quarter 2011 earnings per share of $1.36, strongly beating the Zacks Consensus Estimate of $1.02 and its own guidance range of $1.00–$1.10. Deal wins, continuous product ramps and strong demand from corporate vertical have boosted the quarter's results. Revenue Lexmark's second quarter revenue of $1.04 billion increased 1.1% from $1.03 billion in the year-ago quarter and surpassed the Zacks Consensus Estimate of $1.0 billion. Sales of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Amazon Surges Back In 2Q Posted: 26 Jul 2011 02:09 PM PDT Top online retailer Amazon.com (NASDAQ:AMZN) posted 2nd quarter earnings results after the bell Tuesday. Amazon brought in earnings of 41 cents per share on revenues of $9.91 billion in the quarter. This beat expectations on both the top and bottom lines — the Zacks Consensus Estimates were for 37 cents per share on revenues of $9.37 billion. This is a welcome development for investors in AMZN following a disappointing 1Q earnings report, in which the company reported a 27% negative earnings … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Closing Bell Market Monitor: MMM, UPS, NFLX, AMZN Posted: 26 Jul 2011 02:00 PM PDT 07/26/11 The latest in news, commentary, and information on what’s moved the US equities markets just after the ringing of the NYSE closing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up At The End Of U.S. Session Posted: 26 Jul 2011 01:55 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on New Home Sales.<br/><br/> EUR/USD was trading at 1.4512, up 0.94% at time of writing.<br/><br/> The pair was likely to find support at 1.4140, Thursday&rsquo;s low, and resistance at 1.4526, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that new home sales in the U.S. fell unexpectedly to a seasonally adjusted annual rate of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

But I Thought It Doesn’t Matter? Posted: 26 Jul 2011 01:43 PM PDT If you ask the “analysts” on Wall Street, they’ll tell you that the macro picture doesn’t matter — it’s all about earnings. Well, based on following comments from and about several companies that just reported their quarterly results, it sounds like the economy is a lot more important than those “experts” have given it credit for [italics mine]. Texas Instruments: “Texas Instruments’ Profit Forecast Misses Some Estimates” (Bloomberg) “Production at some computing and consumer manufacturers … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down Toward The End Of U.S. Session Posted: 26 Jul 2011 01:40 PM PDT Forexpros – The U.S. Dollar was lower against the Japanese Yen on Tuesday after the release of U.S. data on New Home Sales.<br/><br/> USD/JPY was trading at 77.90, down 0.49% at time of writing.<br/><br/> The pair was likely to find support at 77.83, today&rsquo;s low, and resistance at 79.02, Thursday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that new home sales in the U.S. fell unexpectedly to a seasonally adjusted annual … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Roper Beats On Strong Sales Posted: 26 Jul 2011 01:38 PM PDT Roper Industries Inc. (NYSE:ROP) posted strong second quarter 2011 earnings per share (EPS) of $1.03, up 39.2% year over year and surpassing the Zacks Consensus Estimate of 99 cents. Reported EPS also beat management's guided range of 95 cents to $1.00. The strong results were primarily driven by solid revenue growth and margin expansion in the quarter. Operating Performance Gross profit rose 25.0% year over year to $377.1 million. Gross margin in the reported quarter inched up to 53.9% from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Patriot Coal Surpasses Estimates Posted: 26 Jul 2011 01:38 PM PDT Coal producer Patriot Coal Corporation (NYSE:PCX) posted operating earnings of 13 cents per share for the second quarter, surpassing the Zacks Consensus Estimate of 10 cents. On a GAAP basis, the company reported a net loss of 14 cents as compared to a loss of 15 cents reported in the year-ago quarter. One-time charges included in the second quarter results related to a planned treatment of certain selenium discharges at the Hobet surface mine as ruled by the court. Top Line Scenario Revenue in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

T. Rowe Price Profit Soars, Misses Posted: 26 Jul 2011 01:38 PM PDT T. Rowe Price Group Inc.'s (NASDAQ:TROW) second-quarter 2011 earnings of 76 cents per share were significantly up from 59 cents reported in the prior-year quarter. Higher-than-expected top-line growth and higher assets under management (AUM), partially offset by higher operating expenses, cumulated in improved performance. However, the quarter's earnings were below the Zacks Consensus Estimate by a penny. Net income increased 29.1% to $204.7 million from $158.5 million in the year-ago … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Unisys Easily Beats Estimate Posted: 26 Jul 2011 01:38 PM PDT Unisys Corporation (NYSE:UIS) reported revenues of $937 million in the second quarter, down 10% from a year-ago. Foreign currency fluctuations had a five percentage-point positive impact on revenue in the quarter. Services revenues declined 6% year over year primarily due to lower revenue in the company's U.S. Federal business. Outside of the U.S. Federal business, services revenues was essentially flat with the second quarter of 2010 as growth in IT outsourcing and infrastructure services was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Watson Ups View On Strong Results Posted: 26 Jul 2011 01:38 PM PDT Watson Pharmaceuticals Inc.’s  (NYSE:WPI) second quarter 2011 earnings (excluding special items) of $1.01 per share surpassed the Zacks Consensus Estimate by a penny and the year-ago earnings by 18 cents. Higher revenues helped boost earnings.  The second quarter result is inclusive of the results of Specifar Pharmaceuticals, which was acquired in May 2011. Quarterly Details Revenues jumped 24% to $1.08 billion, beating the Zacks Consensus Estimate of $992 million. Revenues increased … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Sigma Surpasses Estimates Posted: 26 Jul 2011 01:38 PM PDT Sigma-Aldrich Corporation (NASDAQ:SIAL) delivered second-quarter earnings of 93 cents, surpassing the Zacks Consensus Estimate by a penny and prior-year earnings per share (EPS) of 81 cents. The company incurred restructuring costs of 2 cents per share, leading to adjusted earnings of 91 cents per share versus the prior-year earnings of 79 cents per share. Revenue Reported sales in the second quarter of 2011 were $637 million, increasing 15% year over year, outperforming the Zacks Consensus Estimate … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up Toward The End Of U.S. Session Posted: 26 Jul 2011 01:25 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on New Home Sales.<br/><br/> EUR/USD was trading at 1.4509, up 0.92% at time of writing.<br/><br/> The pair was likely to find support at 1.4140, Thursday&rsquo;s low, and resistance at 1.4526, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that new home sales in the U.S. fell unexpectedly to a seasonally adjusted annual rate of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Markets Mixed At Close; Dow Jones Down 0.73% Posted: 26 Jul 2011 01:10 PM PDT Forexpros – U.S. stocks were mixed after the closing bell on Tuesday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average fell 0.73%, the S&P 500 index shed 0.41%, while the Nasdaq 100 index climbed 0.22%.<br/><br/> Earlier in the day, official data showed that new home sales in the U.S. fell unexpectedly to a seasonally adjusted annual rate of 312K last month from 315K 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

Forex – GBP/USD Up During The U.S. Session Posted: 26 Jul 2011 12:55 PM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Tuesday after the release of U.S. data on New Home Sales.<br/><br/> GBP/USD was trading at 1.6414, up 0.85% at time of writing.<br/><br/> The pair was likely to find support at 1.6122, Thursday&rsquo;s low, and resistance at 1.6429, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that new home sales in the U.S. fell unexpectedly to a seasonally adjusted annual … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

For Some Products, Prices Have Been Falling Posted: 26 Jul 2011 12:38 PM PDT Item % Change Last Year TVs -16.74% Video Equipment -11.91% Computers -8.75% Software -6.79% Audio Equipment -5.31% Sports Equipment -5.12% Photographic Equipment, Supplies -4.85% Cell Phone Service -3.34% Toys -3.15% Clothing: Infant and Toddler -2.58% Audio Disks -2.13% Video Disks -2.04% Nonprescription Drugs -1.37% Appliances -1.31% Outdoor Equipment -1.26% Bedroom Furniture -0.83% Leased Cars -0.76% Tools and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aaron Meets Estimates Posted: 26 Jul 2011 12:35 PM PDT Aaron’s Inc. (AAN) registered an earnings per share growth of 36.7% in the second quarter of 2011, climbing to 41 cents a share from the year-ago earnings of 30 cents. Earnings in the relevant quarter however came in line with the Zacks Consensus Estimate. Quarterly Details Aaron's top line jumped 9.0% to $484.4 million from $446.3 million in the year-ago quarter. The company posted positive comparable-store sales of 5.0% in the quarter under review. Total revenue was also at par with the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

National Oilwell Reports Strong 2Q Posted: 26 Jul 2011 12:35 PM PDT Oilfield services company National Oilwell Varco (NYSE:NOV) reported better-than-expected second quarter results, helped by robust drilling and pressure pumping activity throughout North America, as well as good project execution skills and manufacturing efficiency. Earnings per share (excluding transaction charges) came in at $1.14, comfortably above the Zacks Consensus Estimate of $1.01 and the year-ago adjusted profit of 97 cents. Quarterly revenue rose 19.5% year-over-year – from $2,941.0 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Colgate-Palmolive Posted: 26 Jul 2011 12:35 PM PDT Colgate-Palmolive Co.(NYSE:CL) is scheduled to release its second-quarter 2011 results on Thursday, July 28, 2011. The Zacks Consensus Estimate for the quarter is pegged at $1.26 a share, representing a year-over-year estimated growth of 8.6%. 1Q11 Performance Recap Colgate-Palmolive Company posted first quarter of fiscal 2011 earnings of $1.16 per share, at par with the Zacks Consensus Estimate. However, earnings fell short of the prior-year figure of $1.21 per share. Global net sales increased … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Down In U.S. Trading Hours Posted: 26 Jul 2011 12:30 PM PDT Forexpros – The U.S. Dollar was lower against the Swiss Franc on Tuesday after the release of U.S. data on New Home Sales.<br/><br/> USD/CHF was trading at 0.8010, down 0.64% at time of writing.<br/><br/> The pair was likely to find support at 0.8000, today&rsquo;s low, and resistance at 0.8247, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that new home sales in the U.S. fell unexpectedly to a seasonally adjusted annual … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In U.S. Trade Posted: 26 Jul 2011 12:10 PM PDT Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Tuesday after the release of U.S. data on New Home Sales.<br/><br/> USD/CAD was trading at 0.9430, down 0.46% at time of writing.<br/><br/> The pair was likely to find support at 0.9407, today&rsquo;s low, and resistance at 0.9530, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that new home sales in the U.S. fell unexpectedly to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up In U.S. Trading Hours Posted: 26 Jul 2011 11:45 AM PDT Forexpros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on New Home Sales.<br/><br/> EUR/USD was trading at 1.4514, up 0.95% at time of writing.<br/><br/> The pair was likely to find support at 1.4140, Thursday&rsquo;s low, and resistance at 1.4526, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that new home sales in the U.S. fell unexpectedly to a seasonally adjusted annual rate of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Tests Key Resistance. Will The Move Fail? 1.4508 Is Eyed Posted: 26 Jul 2011 11:44 AM PDT The EURUSD is testing the key resistance against the 61.8% of the move down from the May 2011 high. The level comes in at the 1.4519 level.  THe high has reached  1.4524.   The move above the key technical level should solicit momentum buyers. IF the price move fails, the price trend should reverse on the disappointment.  A move below the 1.4508 will help keep the downside pressure on the pair as it represents the most recent high prior to the last leg … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Optimism Detected In Plum Creek Timber Options Despite Earnings Miss Posted: 26 Jul 2011 11:15 AM PDT Optimism detected in Plum Creek Timber options despite earnings miss Today's tickers: PCL, XLE, TIN & AEM (NYSE:PCL) – Plum Creek Timber Co., Inc. – Seattle, WA-based Plum Creek Timber Co. posted lower-than-anticipated second-quarter net income of $0.27 a share after the close on Monday, missing average the average analyst forecast of $0.29 a share to send the price of the underlying down as much as 4.2% today to $38.75. Put options on Plum Creek are active post-earnings, but it looks like … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

“Default Is Not An Option” Posted: 26 Jul 2011 10:30 AM PDT 07/26/11 DME Securities’ Alan Valdes discusses ongoing debt talks in D.C. and this week’s scheduled … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dollar Drop Continues As Debt Talks Fail To Progress Posted: 26 Jul 2011 04:50 AM PDT 07/26/11 The US dollar continues its steep decline this afternoon as US debt ceiling talks continue to stall with no further signs of an approaching … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Just Under $100 As Debt Talks Stall & Dollar Drops Posted: 26 Jul 2011 04:00 AM PDT 07/26/11 The combination of a plummeting US dollar and a lack of progress in US debt ceiling talks has investors pushing crude prices higher this … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Exclusive Interview: Robert C. Holderith, Emerging Global Advisors Posted: 26 Jul 2011 03:42 AM PDT 07/26/11 EGA’s Founder and President, Robert C. Holderith discusses the recent launch on EGShares’ “GEMS” exchange-traded funds … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Word From The Floor: Dow Starts Lower On Mixed Earnings, Ongoing Debt Talks Posted: 26 Jul 2011 03:00 AM PDT 07/26/11 The major stock averages kicked off the session on a lackluster note, as earnings came in mixed. The debt limit deadline is fast approaching, with only a week to go until August … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Strong Sales Leads To Another 2Q Profit For Ford Posted: 26 Jul 2011 02:30 AM PDT 07/26/11 The Ford Motor Company announced Tuesday that it posted a 2Q profit on higher sales despite higher material and development … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Morning Market Brief Posted: 26 Jul 2011 01:15 AM PDT 07/26/11 The latest in news, commentary, and information on what’s moving the US equities markets just prior to the ringing of the NYSE opening … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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