Thursday, July 14, 2011

DailyMarkets.com - Forex – NZD/USD Up In Asian Trade

DailyMarkets.com - Forex – NZD/USD Up In Asian Trade


Forex – NZD/USD Up In Asian Trade

Posted: 14 Jul 2011 04:50 PM PDT

Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Thursday.<br/><br/> NZD/USD was trading at 0.8442, up 0.24% at time of writing.<br/><br/> The pair was likely to find support at 0.8112, Tuesday&rsquo;s low, and resistance at 0.8506, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was up against the Australian Dollar and down against the Euro, with AUD/NZD shedding 0.06% to hit 1.2725 and EUR/NZD rising … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Spotify Music Service Takes Off In US

Posted: 14 Jul 2011 03:57 PM PDT

07/14/11 Spotify has expanded its online music library to listeners in the United States. The digital music service offers social networking features, distinguishing it from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Novellus Cautious About 2011

Posted: 14 Jul 2011 03:35 PM PDT

Novellus Systems (NASDAQ:NVLS) reported second quarter earnings that beat the Zacks Consensus Estimate by 3 cents, or 3.9%.
Revenue came within the guidance range, but was less than encouraging.
Still, analysts were already discounting Novellus' expectations from the last conference call. Therefore, despite the weak revenue, flattish gross margins, declining operating margins and a higher tax rate, earnings outperformed.
Investors were disappointed at management's cautious tone for the rest of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


The Day Ahead: Earnings – Citigroup, Mattel; Data – US CPI, NY Empire State Manufacturing Survey, Industrial Production And Capacity Utilization, U. Of Michigan Consumer Sentiment

Posted: 14 Jul 2011 10:20 AM PDT

DAY07/14/11 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


Edwards??? New Tool For Critical Care

Posted: 14 Jul 2011 03:05 PM PDT

Edwards Lifesciences Corporation (NYSE:EW) received 510 (k) clearance from the US Food and Drug Administration (FDA) for its EV1000 clinical monitoring platform. 
The device is meant to help physicians make prompt and judicious decisions in the operating room.
Edwards is one of the leading players in hemodynamic monitoring equipment, used to measure a patient’s heart function in surgical and intensive care settings. The need to monitor arises before, during and after open-heart, major … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Google Crushes It

Posted: 14 Jul 2011 02:35 PM PDT

Search giant Google (NASDAQ:GOOG) delivered much better than expected results for the second quarter of 2011.
Revenue after traffic acquisition costs rose 36% year-over-year to $6.92 billion, beating the Zacks Consensus Estimate of $6.61 billion. Revenue at Google-owned sites, which accounted for 69% of total revenue, surged 39%. Google’s partner sites, which generated 28% of total revenue, saw an increase of 20%.
Approximately 54% of revenue came from outside of the U.S.
Google was able to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


2Q Witnessed Slow PC Sales Growth

Posted: 14 Jul 2011 02:35 PM PDT

Recent data published by market research firms Gartner and IDC suggest that the personal computer market grew slower than expected in the second quarter, given the growing popularity of tablet computers.
Moreover, lack of consumer demand in the U.S. and Europe also affected sales to a considerable extent.
Though the two market research firms used different methodologies to track the growth, both concluded that PC shipments improved in the second quarter but were still below … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Google Crushed It

Posted: 14 Jul 2011 02:35 PM PDT

Search giant Google (NASDAQ:GOOG) delivered results for the second quarter of 2011 that were much better than expected.
Revenue after traffic acquisition costs rose 36% year-over-year to $6.92 billion, beating the Zacks Consensus Estimate of $6.61 billion. Revenue at Google-owned sites, which accounted for 69% of total revenue, surged 39%. Google’s partner sites, which generated 28% of total revenue, saw an increase of 20%.
Approximately 54% of revenue came from outside of the U.S.
Aggregate paid … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Teva Acquires Taiyo

Posted: 14 Jul 2011 02:35 PM PDT

Teva Pharmaceutical Industries Ltd. (NASDAQ:TEVA) recently acquired Japanese company Taiyo Pharmaceutical Industry Co. Ltd. for $934 million in cash.
The company used available funds and bank debt to finance the deal.
Deal to Strengthen Teva's Presence in Japan
The deal is in-line with Teva's strategy of becoming a major player in the Japanese generics market. Taiyo, which posted sales of $530 million in 2010, is the third largest generic pharma company in Japan. Taiyo's portfolio consists of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Hot Option Plays: Lock The Risk Down

Posted: 14 Jul 2011 02:17 PM PDT

Cusick’s Corner
GOOG! Beats by .91 and the stock is up $60 dollars After Hours. Amazing! This is also a great example of why I was hammering home make sure that you tighten up the risk. Take the opportunity to shore up risk, credit spread strategists should check if they can cover a position for .10 or .20 cents. Look at GOOG, it ran $60 bucks so that 5% out of the money option is now in the money. Lock the Risk down.
Stock market averages gave up early gains and finished lower Thursday. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Google Crushes It

Posted: 14 Jul 2011 02:05 PM PDT

Search giant Google (NASDAQ:GOOG) delivered much better than expected results for the second quarter of 2011.
Revenue after traffic acquisition costs rose 36% year-over-year to $6.92 billion, beating the Zacks Consensus Estimate of $6.61 billion. Revenue at Google-owned sites, which accounted for 69% of total revenue, surged 39%. Google’s partner sites, which generated 28% of total revenue, saw an increase of 20%.
Approximately 54% of revenue came from outside of the U.S.
Aggregate paid clicks … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Pepsi’s New Ecological Drive

Posted: 14 Jul 2011 02:05 PM PDT

The Canadian Unit of the world's leading beverage retail, Pepsico Inc. (NYSE:PEP) has announced that it will sell its 7UP soft drinks in 100 percent recycled Pet bottles, food-grade bottle that meets all regulatory requirements and is of the highest quality.
The bottles, which will be introduced in early August, will have the same look and feel as the existing bottles, but will be made of the recyclable material.
This move will save 6 million pounds of virgin plastic in one year, which … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Earnings Preview: Hanesbrands Inc.

Posted: 14 Jul 2011 02:05 PM PDT

Hanesbrands Inc. (NYSE:HBI) is scheduled to report its second-quarter 2011 financial results on Monday, July 18, 2011.
Currently,  Zacks Consensus Estimates call for 86 cents per share on sales of around $1,218 million.
 First Quarter 2011: a Synopsis
Hanesbrands, which faces stiff competition from Limited Brands Inc. (NYSE:LTD) and Maidenform Brands Inc. (NYSE:MFB) reported first quarter earnings of 49 cents per share, which was 32% higher than 37 cents in the previous year.
Earnings … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Management Reshuffle At Digital River

Posted: 14 Jul 2011 02:05 PM PDT

E-commerce solutions provider Digital River, Inc. (NASDAQ:DRIV) recently appointed Stefan Schulz as its Chief Financial Officer (CFO).
Schulz will take over this responsibility from Tom Donnelly, who became the President of Digital River in March 2011.
Donnelly joined Digital River in 2005 as its treasurer and vice president of finance and became the CFO four months later. Over the past year, Donnelly has been managing the company's delivery and IT organizations.

Meanwhile, Schulz was serving as … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Progressive Misses By A Penny

Posted: 14 Jul 2011 02:05 PM PDT

Progressive Corp.'s (NYSE:PGR) earnings per share for the second quarter of 2011 were 38 cents, lagging the Zacks Consensus Estimate by a penny.
Results, however, compared favorably with the year ago earnings of 32 cents. Net income increased 16% from the year-ago period to total $245 million.
The company recorded net premiums of $3.8 billion during the quarter under review, up 3% year over year. Net premiums earned were $3.7 billion, up 4% from the year-ago period.
Net realized gains on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Closing Bell Market Monitor: JPM, COP, YUM, MAR, GOOG

Posted: 14 Jul 2011 02:00 PM PDT

07/14/11 The latest in news, commentary, and information on what’s moving the US equities … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/USD Down At The End Of U.S. Session

Posted: 14 Jul 2011 01:55 PM PDT

Forexpros – The Euro was lower against the U.S. Dollar on Thursday after the release of U.S. data on Core Retail Sales.<br/><br/> EUR/USD was trading at 1.4146, down 0.12% at time of writing.<br/><br/> The pair was likely to find support at 1.3838, Tuesday&rsquo;s low, and resistance at 1.4282, Wednesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core retail sales remained unchanged unexpectedly at a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Changing Times (or Is It Lines?)

Posted: 14 Jul 2011 01:41 PM PDT

What a difference six years makes…
2005
“Condo Fever Turns Buyers Into Early Birds” (New York Times)

 
2011
“Thousands Line Up in Red Bird to Apply for Dallas County Rent-Assistance Vouchers” (Dallas Morning … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/JPY Up On Economic Data, Earnings

Posted: 14 Jul 2011 01:40 PM PDT

Forexpros – The U.S. Dollar was higher against the Japanese Yen on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> USD/JPY was trading at 79.12, up 0.16% at time of writing.<br/><br/> The pair was likely to find support at 78.47, today&rsquo;s low, and resistance at 80.83, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


DCT Industrial Leases In California

Posted: 14 Jul 2011 01:35 PM PDT

DCT Industrial Trust Inc. (NYSE:DCT) recently leased a 193,000-square foot building in the Inland Empire West submarket of Southern California to a  wholesale furniture company named Parker House Manufacturing Company, Inc.
Parker House will occupy the building  from August 2011 for a five-year lease term. 
The building is located at 13780 Central Avenue in Chino and has undergone significant redevelopment. The company renovated the building and transformed it from a manufacturing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Raytheon Wins A Couple Of Deals

Posted: 14 Jul 2011 01:25 PM PDT

Raytheon BBN Technologies, a wholly owned subsidiary of Raytheon Company (NYSE:RTN), received an award worth $16 million in additional funding from the Defense Advanced Research Projects Agency ('DARPA') and a $3 million award in government funding from the Intelligence Advanced Research Projects Activity ('IARPA').
The $16 million contract is under phase 2 of the Military Networking Protocol ('MNP') program, assigned to create architectures, protocols, and network devices that will … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Harris Bags Another US Defense Deal

Posted: 14 Jul 2011 01:25 PM PDT

Harris Corp. (NYSE:HRS) recently won a contract worth $17.8 million from the U.S. army for supplying Falcon II high-frequency manpack radios. These devices protect army vehicles from enemy mines in the battle field.
This popular Falcon II® AN/VRC-104(V)(3) radio systems operate between frequencies of 1.6 and 60 MHz, and also consume less battery power. It also provides important features like Third Generation-Automatic Link Establishment (3G-ALE) and integrated data link protocols. It also … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Suntech’s Warranty On Solar Panels

Posted: 14 Jul 2011 01:25 PM PDT

Solar panel maker Suntech Power Holdings Co. Ltd. (NYSE:STP) said it is extending the limited product warranty for its standard product offering from five to ten years. The company said this extended warranty for products is applicable for all standard panels shipped out after April 1, 2011.
This extended warranty scheme demonstrates Suntech's commitment to providing valuable customer support for its residential, commercial, industrial, and utility customers globally. These new warranty terms … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/USD Down On Economic Data, Earnings

Posted: 14 Jul 2011 01:25 PM PDT

Forexpros – The Euro was lower against the U.S. Dollar on Thursday after the release of U.S. data on Core Retail Sales.<br/><br/> EUR/USD was trading at 1.4138, down 0.17% at time of writing.<br/><br/> The pair was likely to find support at 1.3838, Tuesday&rsquo;s low, and resistance at 1.4282, Wednesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core retail sales remained unchanged unexpectedly at a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


U.S. Markets Close Lower; Dow Jones Down 0.44%

Posted: 14 Jul 2011 01:10 PM PDT

Forexpros – U.S. stocks were down after the closing bell on Thursday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average fell 0.44%, the S&P 500 index shed 0.67%, while the Nasdaq 100 index declined 1.16%.<br/><br/> Earlier in the day, official data showed that U.S. core retail sales remained unchanged unexpectedly at a seasonally adjusted 0.0% last month from 0.2% 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


XZERES Reports 56% Sequential Revenue Growth; Raise Target To $1.60

Posted: 14 Jul 2011 01:05 PM PDT

 Steven Ralston, CFA
XZERES reports 56% sequential revenue growth; raise target to $1.60

Today, XZERES (XPWR) reported results for the first fiscal quarter ending May 31, 2011. Quarterly revenues sequentially increased 56.1% to $1.017 million from $652 thousand, well above our expectations of $873 thousand, primarily due to the management's initiative of addressing the direct sales channel with the Direct Buy program, along with increasing the number of sales personnel. Direct sales of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Is Joy Global Acquiring IMM?

Posted: 14 Jul 2011 01:05 PM PDT

As per a media report, mining equipment manufacturer Joy Global Incorporation (NASDAQ:JOYG) is in talks to acquire the Chinese coal mining equipment maker International Mining Machinery Holdings Ltd. ("IMM"). If the deal goes through, Joy Global will be able to expand its presence in the world's largest coal producing country, China.
International Mining Machinery Holdings Ltd. is a leading Chinese designer and manufacturer of underground coal mining equipments. The major products of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


CSX Raises Capital Plan

Posted: 14 Jul 2011 01:05 PM PDT

CSX Corporation (NYSE:CSX), a leading rail-based transportation company in the U.S. announced plans to raise its capital investment from $2 billion to $2.2 billion for 2011. The investment will be mostly dedicated toward the purchase of assets, including railcars, to address the growing demand for export coal.
Currently, the global trend in the coal market suggests momentum in U.S. export coal. The ongoing global supply constraints for export coal due to disruptions in Australia, and growing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Sherwin Renews Credit Facility

Posted: 14 Jul 2011 01:05 PM PDT

The Sherwin-Williams Company (NYSE:SHW) has recently entered into a 5-year $1.05 billion New Credit Agreement, with lenders including Bank of America Corporation (NYSE:BAC) as an administrative agent, Wells Fargo & Company (NYSE:WFC) as syndication agent and JPMorgan Chase & Co. (NYSE:JPM) and Citigroup Inc. (NYSE:C) as co-documentation agents. The proceeds from the new facility are likely to be used for general corporate purposes and working capital.
Under the terms of the new agreement Sherwin … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Titanium And Boeing Extend Deal

Posted: 14 Jul 2011 01:05 PM PDT

Titanium Metals Corporation (NYSE:TIE) announced that it has extended its titanium supply agreement with The Boeing Company (NYSE:BA) through December 31, 2018.
In November last year, Titanium entered into a long-term supply agreement with Boeing, which was scheduled to expire on December 31, 2015. As per the agreement, the company will continue to provide, among other things, mutual annual purchase and supply commitments, the extension of the global titanium scrap recycling program and the … [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: 14 Jul 2011 12:45 PM PDT

Forexpros – The British Pound was higher against the U.S. Dollar on Thursday after the release of U.S. data on Core Retail Sales.<br/><br/> GBP/USD was trading at 1.6134, up 0.18% at time of writing.<br/><br/> The pair was likely to find support at 1.5781, Tuesday&rsquo;s low, and resistance at 1.6195, Wednesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core retail sales remained unchanged unexpectedly at a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Legg Mason’s June AUM Falls

Posted: 14 Jul 2011 12:35 PM PDT

Baltimore-based Legg Mason Inc. (NYSE:LM) experienced a decline in its assets under management (AUM) in June on a sequential basis. This was preceded by a drop in both May and April AUM.
Preliminary month-end AUM came in at $662.5 billion, down 1.3% from $671.0 billion at the end of May. Fixed income was almost in line with the prior month, while equity AUM and liquidity AUM plummeted.
Legg Mason's equity AUM in June inched down 3.1% from the prior month to $181.5 billion while fixed income AUM … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Yum! A Nickel Ahead, U.S. Suffers

Posted: 14 Jul 2011 12:35 PM PDT

Yum! Brands Inc. (NYSE:YUM) reported second quarter 2011 adjusted earnings of 66 cents per share, which beat the Zacks Consensus Estimate by a nickel. Earnings increased 13% year over year mainly on the back of strong performance at its China division and other emerging markets as well as a lower tax rate. On a reported basis, Yum! Brands' quarterly earnings were 65 cents per share, up 10% year over year.
The company reported a 9% year-over-year increase in total revenue to $2,816 million. Sales … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


EA Offers Harry Potter Magic

Posted: 14 Jul 2011 12:35 PM PDT

The new Harry Potter film may be the last from the series that you will catch on screen, but Electronic Arts Inc. (NASDAQ:ERTS) and Warner Bros. Interactive Entertainment have ensured that the magic may still be experienced on your gaming devices.
Harry Potter and the Deathly Hallows – Part 2, the last of the Harry Potter series of video games from Electronic Arts, has already hit the markets on July 12 and is available in North American stores. The game will also have a digital presence through … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


MMI Offers Low-end Smartphone

Posted: 14 Jul 2011 12:35 PM PDT

Recently, Motorola Mobility Holdings Inc. (MMI) launched its relatively cheaper android-based handsets called Motorola XT316 primarily targeting the lower end of the market. The new Motorola XT316 possesses a color display, QWERTY keypad as well as touch screen option, which will largely attract young consumers.
The new Motorola device has been launched in China and by mid July will be available in other emerging markets such as Hong Kong, Taiwan, and Latin America where the company is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


NZD/USD Completes A Rising Wedge With Extended Bearish Divergence

Posted: 14 Jul 2011 12:19 PM PDT

Prev: Bernanke's Testimony Boosts Aussie, Kiwi and Loonie (7/13 Video)
NZD/USD

- The kiwi has been very strong against the greenback. The Daily chart shows a market in a rising wedge.
- The RSI has remained above 40, but is in an extended bearish divergence.
- The structure of the wedge (completing a 5th wave), suggests it is complete a correction might be due, especially with RSI showing a slowdown in momentum. There is also a typical throw-over (break above the resistance of the wedge), … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Hot Option Plays: Sellers More Aggressive

Posted: 14 Jul 2011 12:17 PM PDT

Cusick’s Corner
The sellers have taken a bit out of this market into the Midday and I am a little surprised at how aggressively they are doing so. The volatility has been picking up and while it is typical for volatility to abate into this afternoon and tomorrow, we are not seeing that reflected in the VIX, +.98, which is unusual. Cover your risk in your expiring trades into the After Hours, this market is really whippy. See you After Hours.
Stock market averages have given up early gains and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/CAD Up In U.S. Trade

Posted: 14 Jul 2011 12:10 PM PDT

Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Thursday after the release of U.S. data on Core Retail Sales.<br/><br/> USD/CAD was trading at 0.9614, up 0.31% at time of writing.<br/><br/> The pair was likely to find support at 0.9549, today&rsquo;s low, and resistance at 0.9779, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. core retail sales remained unchanged unexpectedly at a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Navistar, IMMI Unveil New Seats

Posted: 14 Jul 2011 12:05 PM PDT

IC Bus LLC, an affiliate of Navistar International Corp. (NYSE:NAV), along with IMMI, an industry leader in the design, testing and manufacturing of advanced safety systems, recently announced the introduction of the new IC Bus BTI Seating System. 
This new line of seating arrangement will enhance the existing seating system and will allow customers to switch to SafeGuard belted seats or integrated child seats from a base seat without even configuring their bus floor.
The two companies have … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Varian’s TrueBeam Wins Red Dot

Posted: 14 Jul 2011 12:05 PM PDT

Leading integrated radiotherapy systems maker, Varian Medical Systems (NYSE:VAR) recently disclosed that its TrueBeam radiotherapy delivery system, a new design of linear accelerator know-how, has clinched a prestigious overseas award for its design. The elegant and integrated TrueBeam system, which was commercialized last year, has been chosen for the well-known Red Dot award for product design.
Based in Essen, Germany, the Red Dot organization hands out annual prizes for design concept as well … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Varian’s TrueBeam Wins Red Dot

Posted: 14 Jul 2011 12:05 PM PDT

Leading integrated radiotherapy systems maker, Varian Medical Systems (NYSE:VAR) recently disclosed that its TrueBeam radiotherapy delivery system, a new design of linear accelerator know-how, has clinched a prestigious overseas award for its design. The elegant and integrated TrueBeam system, which was commercialized last year, has been chosen for the well-known Red Dot award for product design.
Based in Essen, Germany, the Red Dot organization hands out annual prizes for design concept as well … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Penske Buys Crevier Franchises

Posted: 14 Jul 2011 12:05 PM PDT

Penske Automotive Group Inc. (NYSE:PAG) recently announced the acquisition of Crevier BMW and MINI franchises in Santa Ana, California, for an undisclosed price.
The deal was funded partly by operating cashflows and partly by the company's U.S. revolving credit facility.
Crevier BMW was ranked as the fifth largest new-unit BMW dealer in the U.S. based on unit sales in 2010; whereas, Crevier MINI was ranked as the seventh largest MINI dealer in the nation.
These franchisees span across 12 acres, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Mixed Data For Sanofi/REGN’s REGN88

Posted: 14 Jul 2011 12:05 PM PDT

Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) and partner Sanofi Aventis (NYSE:SNY) recently announced data from two mid-stage studies of their pipeline candidate sarilumab (REGN88/SAR153191). While one study (MOBILITY) evaluated patients with rheumatoid arthritis (RA) the other (ALIGN) evaluated ankylosing spondylitis (AS) patients. Sarilumab is an antibody targeting the interleukin-6 receptor (IL-6R). The data from the RA trial was positive while the AS trial data was not too encouraging.
The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


North American Palladium Draws Bullish Bets

Posted: 14 Jul 2011 11:53 AM PDT

North American Palladium draws bullish bets
Today's tickers: PAL, VMED, ADLR & VIP
(PAL) – North American Palladium, Ltd. – Shares in the platinum and precious metals mining company rose as much as 6.4% at the start of the session to an intraday high of $4.98 before the broad market soured during Fed Chairman Bernanke's second day of testimony on Capitol Hill. North American Palladium's shares currently stand 3.85% lower on the day at $4.50 as of 12:30 pm ET. The rally in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex Trading: EURUSD Breaks To New Day Lows. Back To Yesterday Afternoon Levels

Posted: 14 Jul 2011 11:47 AM PDT

Geithner comments suggesting some hurdles left in the debt deal, has led to the EURUSD moving back lower. There is a comment from US Senator Durbin saying White House talks have Friday deadline for an agreeement.
  The price is currently at the level that held support yesterday afternoon when the price pounded against the 100 hour MA/trendline. A move below this level will next target the 100 hour MA (blue line in the chart below) which is now down at the 1.4097 … [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: 14 Jul 2011 11:45 AM PDT

Forexpros – The Euro was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> EUR/USD was trading at 1.4135, down 0.19% at time of writing.<br/><br/> The pair was likely to find support at 1.3838, Tuesday&rsquo;s low, and resistance at 1.4282, Wednesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex Trading: USD/JPY Consolidates During Bearish Onslaught

Posted: 14 Jul 2011 11:31 AM PDT

USD/JPY (4-hour chart) as of Thursday (7/14/2011) has entered into a consolidation after having broken down decisively below the key 79.50 previous support region (now resistance). The breakdown below 79.50, which was the region of the significant May low, was also a breakdown below the 161.8% Fibonacci extension of the last major bullish correction, and it also follows on the heels of a breakdown below a key parallel uptrend channel that extends back to the early June low. This series of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Move At The Speed Of China

Posted: 13 Jul 2011 10:00 PM PDT

Our latest shareholder report highlights what we believe to be China's true Great Leap Forward. The country is developing at a much greater and faster rate than America's boom time in the 1950s. The report recaps portfolio manager Evan Smith's latest research trip to iron ore facilities in China and discusses where most of the millionaires live in 2020…take a guess where that may be?
Its epic build-out is already having an impact on international businesses vying for market share. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


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