DailyMarkets.com - Stocks Ready To Breakout

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• Stocks Ready To Breakout
• GBE Healthcare REIT Acquires Assets
• Rogers Launched LTE Network
• Awful Jobs Report In Depth, Pt. 2
• Noble’s Two Rigs Signed By Pemex
• Patterson-UTI Rig Count Shoots Up 4
• Medtronic Expands Surgical Business
• Insurance Cos Sue Goldman Sachs
• Hot Option Plays: Earnings Ahead
• Forex – EUR/USD Down At The End Of U.S. Session
• Forex – GBP/USD Up At The End Of U.S. Session
• CAT Issues New Chinese Bond
• AAR Corp. Wins Army Contract
• Dillard’s Comps On The Rise
• Hackers To Target Apple Devices?
• Closing Bell Market Monitor: BAC, ING
• Forex – USD/JPY Down At The End Of U.S. Session
• Forex – USD/JPY Down Toward The End Of U.S. Session
• Bristol-Myers Inks Oncology Deal
• Lexmark Wins Another Deal
• Fitch Positive On Ford
• Perrigo Downgraded To Neutral
• Sinopec-Henan Win Chinese Blocks
• Textron Adds TerraGo Technologies
• Kohl’s Sales Rise In June
• Wyndham Spreads In Puerto Rico
• Banco De Mexico Holds Overnight Interest Rate At 4.50%
• Buy Mining Stocks In Friendly Jurisdictions
• Forex – EUR/USD Down Toward The End Of U.S. Session
• The Case For Future Prices In The SPX
• U.S. Markets Close Lower; Dow Jones Down 0.49%
• Euro-zone Stress Tests And Systemic Risk Worries To Dominate EUR/USD Next Week
• Fred’s June Sales Slightly Better
• BMC Software Buys Aeroprise
• VeriFone Reports In Line
• FTI Consulting Previews Q2
• Earnings Preview: Alcoa
• Forex – GBP/USD Up During The U.S. Session
• ICANN Renews Contract With VeriSign
• Nordstrom Comps Up 7.9%
• Verizon Ends Unlimited Data Plan
• Regeneron’s VENICE Study To Continue
• GD Produces Radios For US Military
• TRW Europe Focuses On Power Steering
• Q2 Boeing Order & Delivery Sheet
• BHP Upgraded To Outperform
• Forex – USD/CAD Up In U.S. Trade
• Forex – EUR/USD Down In U.S. Trading Hours
• Options Traders Feed On Archer-Daniels-Midland Co. Calls
• Weak Jobs Data Keeps Investors Away From Higher-yieding Currencies

Stocks Ready To Breakout Posted: 08 Jul 2011 04:35 PM PDT ( click to enlarge ) Novatel Wireless, Inc. (NASDAQ:NVTL) presents a potentially lucrative opportunity with several technical indicators suggesting it could make a big run next week. If the resistance is as light as it appears, early entrants could yield strong gains. On a technical note, up/down volume pattern indicates that the stock is under Accumulation. The 50 day Moving Average is rising which is Bullish. In addition, Moving Average Convergence/Divergence (MACD) indicates a Bullish Trend. In … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBE Healthcare REIT Acquires Assets Posted: 08 Jul 2011 03:35 PM PDT Grubb & Ellis Healthcare REIT II, Inc, the healthcare arm of Grubb & Ellis Company (GBE), recently acquired a five-building portfolio of skilled nursing facilities from New Courtland Elder Services, Inc., an unaffiliated third party, for $75 million. The portfolio is spread across different locations in Philadelphia and spans approximately 392,000 square feet and provides for 1200 patient beds. The acquisition was funded through borrowings under the company's line of credit. Since … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Rogers Launched LTE Network Posted: 08 Jul 2011 03:35 PM PDT Yesterday, Rogers Communications Inc. (NYSE:RCI) achieved a milestone as the company was the first in Canada to launch an LTE network. Initially the LTE network is deployed in the Ottawa region, which will be extended into Toronto, Vancouver and Montreal within the next 3-4 months. Furthermore, Rogers will roll out this 4G super-fast network in 21 additional cities in Canada in 2012. Rogers selected LM Ericsson AB (NASDAQ:ERIC) to supply infrastructure equipments for its upcoming LTE networks. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Awful Jobs Report In Depth, Pt. 2 Posted: 08 Jul 2011 03:05 PM PDT This is the second part of our jobs report analysis. To read part one, please click here. This month's employment report was deeply disappointing, and would have been shockingly low, even if not for the better-than-expected ADP report on Thursday. The rate of job creation slowed dramatically to just a total of 18,000 from 25,000 in April, and far below the 80,000 consensus expectation. Also the job creation totals for both April and May were revised lower. The unemployment rate inched up to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Noble’s Two Rigs Signed By Pemex Posted: 08 Jul 2011 03:05 PM PDT Noble Corporation's (NYSE:NE) two shallow water rigs have been contracted by Pemex for employment off Mexico. The complete portfolio of rigs allocated for Mexicois now fully employed. The two rigs that have been signed by Pemex are Sam Noble and Eddie Paul. Sam Noble, which had been lying idle in the shipyard since the beginning of this year, has secured a five-month contract with an average day rate of $81,000. The other rig ––Eddie Paul ––has procured a deal for six months at a rate of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Patterson-UTI Rig Count Shoots Up 4 Posted: 08 Jul 2011 02:50 PM PDT Onshore contract driller Patterson-UTI Energy Inc. (NASDAQ:PTEN) declared that its June 2011 drill rig count averaged 205, up from 201 in the previous month. The company operated 201 rigs in the U.S. and 4 in Canada in June, compared with 200 rigs in the U.S. and 1 rig in Canada during May this year. Patterson-UTI's activity levels in the U.S. peaked in early October 2008 with a rig count of 275. Since then through the second quarter of 2009, the company witnessed a steep and rapid decline in rig … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Medtronic Expands Surgical Business Posted: 08 Jul 2011 02:35 PM PDT Leading medical devices player Medtronic (NYSE:MDT) has taken the inorganic route to strengthen its presence in advanced surgical devices. The company recently decided to acquire two companies – Salient Surgical Technologies for $525 million and Peak Surgical for $120 million. Both the transactions are subject to several approvals. Salient Surgical deals with haemostatic sealing of soft tissue and bone in a variety of surgical procedures including orthopedic surgery, spine, open … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Insurance Cos Sue Goldman Sachs Posted: 08 Jul 2011 02:35 PM PDT Yesterday, The Goldman Sachs Group Inc. (NYSE:GS) was sued by Liberty Mutual Insurance Co. and several other investors including Peerless Insurance Co., Employers Insurance Co., Safeco and Liberty Life Assurance Co. The complaint lodged claims Goldman misrepresented the financial condition of Freddie Mac (FMCC) as an underwriter of Freddie’s offering of Series Z preferred stock in late 2007. Based in McLean, Virginia-Freddie Mac is a company licensed by Congress to provide liquidity to the U.S. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Earnings Ahead Posted: 08 Jul 2011 02:18 PM PDT Cusick’s Corner Buyers showed up at the close, and I am holding the long deltas in the S&Ps and short deltas in the bonds over the weekend. The thought process is that next week we have earnings plus the anticipation for solid numbers that could potentially start to drive the market early. The bonds held 3% and now sit at the 50% retracement off the yield highs of 3.26% last week and right at the 50-Day Moving Average. With only one open market purchase on the docket next week and the … [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: 08 Jul 2011 02:10 PM PDT Forex Pros – pros – The Euro was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> EUR/USD was trading at 1.4264, down 0.69% at time of writing.<br/><br/> The pair was likely to find support at 1.4207, today&rsquo;s low, and resistance at 1.4567, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 18K … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up At The End Of U.S. Session Posted: 08 Jul 2011 02:05 PM PDT Forex Pros – pros – The British Pound was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> GBP/USD was trading at 1.6058, up 0.54% at time of writing.<br/><br/> The pair was likely to find support at 1.5932, today&rsquo;s low, and resistance at 1.6140, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CAT Issues New Chinese Bond Posted: 08 Jul 2011 02:03 PM PDT Caterpillar Inc. (NYSE:CAT) has issued a two-year RMB 2.3 billion ($355 million) bond with a coupon rate of 1.35% to institutional investors in Hong Kong, the biggest issue yet by a foreign multinational company in the offshore yuan market. Caterpillar plans to use the proceeds to fund its Chinese operations. Caterpillar is the second company to return to the yuan market. In November last year the company entered the market by issuing a two-year RMB 1 billion ($150 million) bond with a coupon rate … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AAR Corp. Wins Army Contract Posted: 08 Jul 2011 02:03 PM PDT AAR Corp. (NYSE:AIR), the provider of aircraft parts and maintenance, announced that it has won a strategic five-year contract for providing lightweight, multi-purpose shelters (LMS). The value of the contract will be up to $14 million. The durable LMS shelters will be used by the army to house and operate command and control equipment while helping them to create situational awareness and provide tactical support in various theaters of operation. Furthermore, these shelters can be mounted on High … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dillard’s Comps On The Rise Posted: 08 Jul 2011 02:03 PM PDT Dillard’s Inc. (NYSE:DDS), the leading apparel and home-furnishing retailer in the United States, reported a growth of 6.0% in same-store sales for the five weeks ended July 2, 2011. Merchandise sales for the period shot up 5.0% to $531.4 million compared with $506.4 million in the five weeks ended July 2, 2011. Both comparable store sales and total sales increased 3% for the 22 weeks ended July 2, 2011. The sales movement was at par with the average total company trend in the Central region while … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hackers To Target Apple Devices? Posted: 08 Jul 2011 02:03 PM PDT German authorities have identified potential security flaws in Apple Inc.'s (NASDAQ:AAPL) devices such as iPhone, iPad and iPod that are feared to be vulnerable to cyber attacks. According to reports from the Associated Press, German security agencies cautioned that the security hole may be exploited by hackers to steal confidential data from the devices. Germany’s Federal Office for Information Security is of the opinion that hackers can infect Apple devices by sending malicious emails in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Closing Bell Market Monitor: BAC, ING Posted: 08 Jul 2011 02:00 PM PDT 07/08/11 The latest in news, commentary, and information on what’s moving the US equities … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down At The End Of U.S. Session Posted: 08 Jul 2011 02:00 PM PDT Forex Pros – pros – The U.S. Dollar was lower against the Japanese Yen on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> USD/JPY was trading at 80.64, down 0.74% at time of writing.<br/><br/> The pair was likely to find support at 80.51, today&rsquo;s low, and resistance at 81.48, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted … [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: 08 Jul 2011 01:40 PM PDT Forex Pros – pros – The U.S. Dollar was lower against the Japanese Yen on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> USD/JPY was trading at 80.62, down 0.77% at time of writing.<br/><br/> The pair was likely to find support at 80.51, today&rsquo;s low, and resistance at 81.48, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bristol-Myers Inks Oncology Deal Posted: 08 Jul 2011 01:35 PM PDT Bristol-Myers Squibb Company (NYSE:BMY) recently inked a deal with French biopharmaceutical company Innate Pharma S.A. for the development and commercialization of an anti-cancer antibody, IPH2102. The candidate is undergoing phase I studies. The deal encompasses all potential indications for the antibody. Per the terms of the deal, the French company will grant Bristol-Myers exclusive global rights to develop, manufacture and commercialize the candidate and related compounds which block … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Lexmark Wins Another Deal Posted: 08 Jul 2011 01:35 PM PDT Leading printing and imaging solutions provider, Lexmark International Inc. (LXK) was recently awarded a contract by TBC Corporation, one of the largest marketers of automotive replacement tires and services. TBC awarded a three-year Managed Print Services (MPS) contract, intending to use Lexmark's expertise in MPS to improve and optimize its printing environment and reduce print output costs across its more than 800 U.S. retail tire and automotive maintenance stores, as well as in its … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Fitch Positive On Ford Posted: 08 Jul 2011 01:35 PM PDT Fitch Ratings has affirmed a positive outlook on Ford Motor Co. (NYSE:F), stating that the company has the flexibility to meet financial commitments in the future. However, the rating agency has fixed the issuer default rating on Ford at "BB," which is one notch below the investment grade and implies that the company is at an elevated risk of default. A positive outlook indicates that the rating could be upgraded within a couple of years. Fitch is worried about Ford's weakened position in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Perrigo Downgraded To Neutral Posted: 08 Jul 2011 01:35 PM PDT We recently moved to a Neutral rating on Perrigo Company (NASDAQ:PRGO) from Outperform. Our target price on the stock is $94.00. Perrigo's broad line of store brand pharmaceutical products has the same active ingredients and comparable quality and efficacy as the national brands. This has helped the company become a dominant player in the store brand over the counter (OTC) drug market. We believe that Perrigo's strong position in the brand OTC pharmaceutical market, and growing generics and API … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Sinopec-Henan Win Chinese Blocks Posted: 08 Jul 2011 01:35 PM PDT China Petroleum and Chemical Corporation, or Sinopec (NYSE:SNP) and Henan Provincial Coal Seam Gas Development and Utilization Co. were awarded a shale gas block each by the Chinese government in its first auction of the unconventional gas resource. The auction was initiated last week, offering four blocks to six Chinese companies for the development of its potentially huge unconventional gas resource. Out of these, two blocks –– Nanchuan and Xiushan –– are near the southwestern city of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Textron Adds TerraGo Technologies Posted: 08 Jul 2011 01:35 PM PDT Overwatch, an operating unit of Textron Inc. (NYSE:TXT), has added TerraGo Technologies GeoPDF production capabilities to its RemoteView Pro 3.2 software that will facilitate convenient publishing of geo-referenced content from RemoteView to a PDF file, which then helps in easily accessing through standard Adobe Reader software using the free TerraGo Toolbar. RemoteView Pro software is a preferred solution for the import, viewing, analysis, and reporting of national and commercial remote sensing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Kohl’s Sales Rise In June Posted: 08 Jul 2011 01:35 PM PDT Same-store sales at Kohl's Corporation (NYSE:KSS) went up 7.5% in the five-week period ended July 2, 2011 compared with an increase of 5.9% posted in the year-ago period. June comparable store sales met management's expectations. Midwest, Mid-Atlantic and Northeast regions reported especially strong comparable store sales fuelled by seasonal changes in those regions. All lines of business reported positive comparable store sales increases. Total retail sales in June 2011 climbed up by 9.2% to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Wyndham Spreads In Puerto Rico Posted: 08 Jul 2011 01:35 PM PDT Wyndham Hotels and Resorts, LLC a subsidiary of Wyndham Worldwide Corporation (NYSE:WYN), recently opened its first Wyndham Garden property in Puerto Rico as part of its Caribbean expansion plan. The Wyndham Garden Puerto Rico is located at Palmas del Mar in Humacao. This is the second Wyndham property on the island, following Rio Mar Beach Resort & Spa, A Wyndham Grand Resort in Rio Grande. The new property features 107 luxurious guest rooms including 14 junior suites and 11 one-bedroom … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Banco De Mexico Holds Overnight Interest Rate At 4.50% Posted: 08 Jul 2011 01:31 PM PDT The Banco de Mexico held its overnight interest rate target steady at 4.50%.  In an unofficial translation the Bank noted: “The current levels of inflation are the result of several factors: the declining trend in costs of labor, the fading impact of tax changes last year, the favorable exchange rate (despite the recent episode of volatility in international financial markets) and a significant reduction in agricultural prices.” The Mexican central bank also held the overnight … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Buy Mining Stocks In Friendly Jurisdictions Posted: 08 Jul 2011 01:30 PM PDT The elections in Peru of avowed radical socialist Humala is a development of great significance for precious metals and mining investors. It's not an event that has gone unnoticed by experienced speculators. Mining investors worldwide are eyeing July 28th, when the new regime takes control. So far in 2011 investors have sold off mining assets in Peru and are buying the underlying metals. What we are witnessing is no less than the ongoing sophistication of the third world. Peru is only … [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: 08 Jul 2011 01:25 PM PDT Forex Pros – pros – The Euro was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> EUR/USD was trading at 1.4262, down 0.71% at time of writing.<br/><br/> The pair was likely to find support at 1.4207, today&rsquo;s low, and resistance at 1.4567, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 18K … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Case For Future Prices In The SPX Posted: 08 Jul 2011 01:16 PM PDT Your words to me just a whisper, You face is so unclear. I try to pay attention, Your words just disappear. ~ Staind: Epiphany Lyrics ~ A few weeks ago traders and market prognosticators were frantically trying to determine if the S&P 500 would hold the 200 period moving average. As it turns out, the 200 period moving was able to hold sellers in check. After a few days of grinding around, the S&P 500 pushed higher. The price action has been spectacular the past two weeks and the S&P … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Markets Close Lower; Dow Jones Down 0.49% Posted: 08 Jul 2011 01:10 PM PDT Forex Pros – pros – U.S. stocks were down after the closing bell on Friday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average fell 0.49%, the S&P 500 index shed 0.70%, while the Nasdaq 100 index declined 0.29%.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 18K last month, from 25K in the preceding month whose figure was revised down from 54K.<br/><br/> … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Euro-zone Stress Tests And Systemic Risk Worries To Dominate EUR/USD Next Week Posted: 08 Jul 2011 12:55 PM PDT Why, despite such a weak report in the US, did the EUR/USD still end up moving in the greenback's favor, and what does that mean for the fate of the EUR/USD going into next week? That's a questions we should be asking ourselves as we head into the weekend, and the explanation lies in the difference between systemic risk on the part of Europe while the US faces risks of weak growth and therefore a slower recovery. One is more extreme than the other. All in all, we should continue to see the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Fred’s June Sales Slightly Better Posted: 08 Jul 2011 12:55 PM PDT Same-store sales at Fred's Inc. (NASDAQ:FRED) inched up 0.7% in the five-week period ended July 2, 2011, compared with an increase of 1.7% posted in the year-ago period. June's comparable store sales met management's expectations and reflected the volatility to customers’ purchase pattern as well as decline in customer sentiment. Total retail sales in June 2011 inched up slightly to $179.0 million from $178.9 million in the year ago period. Although the month displayed solid sales result at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BMC Software Buys Aeroprise Posted: 08 Jul 2011 12:55 PM PDT BMC Software Inc. (BMC) recently announced the acquisition of Aeroprise, a technology service provider. Aeroprise provides tech support functions to all leading mobile devices. However, financial terms of the acquisition were not disclosed. The newly acquired solution is expected to enhance BMC Mobility's IT Service Managementbusiness and will also boost productivity of IT service support professionals, reduce IT support costs and improve customer service. With support for iPhone, iPad, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

VeriFone Reports In Line Posted: 08 Jul 2011 12:55 PM PDT VeriFone Systems Inc (NYSE:PAY) reported revenues of $292 million in the second quarter of fiscal 2011, up 21% year over year and up 3% sequentially, beating the Zacks Consensus Estimate of $283 million. Based in San Jose, California, VeriFone designs, markets and services a transaction automation system that facilitates electronic payments between consumers, merchants and financial institutions. On a segment basis, System Solutions generated revenues of $235.3 million, up 19.0% year … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

FTI Consulting Previews Q2 Posted: 08 Jul 2011 12:55 PM PDT FTI Consulting Inc. (NYSE:FCN), a Florida-based business advisory firm, recently announced preliminary revenue and earnings estimates for the second quarter of 2011. Revenues are expected to be in the range of $395 million to $401 million and adjusted earnings per diluted share in the range of 54–59 cents. The adjusted earnings for the second quarter exclude a special charge estimated at $17 million on a pre-tax basis. The special charge could affect earnings per diluted share by 24 cents. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Alcoa Posted: 08 Jul 2011 12:55 PM PDT The largest U.S. aluminum producer, Alcoa Inc. (NYSE:AA) announced that it would release its results for the second quarter of 2011 after the market opens on July 11, 2011. Alcoa kicked off the earnings season with its first quarter posting an EPS of $0.28 and exceeding the Zacks Consensus Estimate by a penny. This excludes the negative impact of special items or $0.01 cent per share, including EPS of $0.27. With respect to earnings surprises, the company outdid the Zacks Consensus Estimate in 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: 08 Jul 2011 12:45 PM PDT Forex Pros – pros – The British Pound was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> GBP/USD was trading at 1.6043, up 0.45% at time of writing.<br/><br/> The pair was likely to find support at 1.5932, today&rsquo;s low, and resistance at 1.6140, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ICANN Renews Contract With VeriSign Posted: 08 Jul 2011 12:35 PM PDT Internet infrastructure services provider VeriSign, Inc. (NASDAQ:VRSN) recently announced that the Internet Corporation for Assigned Names and Numbers (ICANN) has renewed the former's contract to serve as the authoritative registry operator for the .net registry for another six years till 2017. Management stated that as the demands on the Domain Name System increased dramatically, VeriSign will continue to build and invest in the infrastructure that supports .net to ensure its continued secure and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Nordstrom Comps Up 7.9% Posted: 08 Jul 2011 12:35 PM PDT Same-store sales at Nordstrom Inc. (NYSE:JWN) grew by 7.9% for the five-week period ended July 2, 2011. Total retail sales in June 2011 climbed 12.8% to $927 million from $822 million for the five-week period ended July 2, 2011. Moreover, Nordstrom’s year-to-date same store sales increased 7.0%. During the said period, the company's total retail sales surged 12.4% to $3.95 billion from $3.52 billion in the prior-year period. As of July 2, 2011, Nordstrom had 116 Nordstrom full-line stores, 95 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Verizon Ends Unlimited Data Plan Posted: 08 Jul 2011 12:35 PM PDT Verizon Communications Inc. (NYSE:VZ) announced that will withdraw its unlimited data plan for new smartphones. Instead, the company plans to launch usage-based smartphone plans for new customers.   Verizon currently offers an unlimited data plan of $30 per month. The new data plan will be based on the usage of gigabytes (varying from 2 to 10 gigabytes) per month. Customers will have to choose from limited data plan options of $30 a month for 2 gigabytes, $50 a month for 5 gigabytes and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Regeneron’s VENICE Study To Continue Posted: 08 Jul 2011 12:35 PM PDT Regeneron Pharmaceuticals Inc. (NASDAQ:REGN) received some good news when an Independent Data Monitoring Committee (IDMC) recommended the continuation of a late-stage study (VENICE) which is evaluating its cancer therapy Zaltrap (aflibercept) without any modifications. The study is evaluating the candidate (in conjunction with docetaxel and prednisone) as a first-line therapy in patients suffering from androgen-independent (hormone-refractory) metastatic prostate cancer. The committee arrived at the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GD Produces Radios For US Military Posted: 08 Jul 2011 12:35 PM PDT General Dynamics C4 Systems, a business unit of General Dynamics Corporation (NYSE:GD), has received an order for the production of 6,250 Rifleman and 100 Manpack radios from the U.S. Department of Defense. The Low Rate Initial Production ('LRIP') order has an initial value of approximately $56.4 million. The order calls for the production of Joint Tactical Radio System ('JTRS') Handheld, Manpack, Small Form Fit ('HMS') Rifleman radio ('AN/PRC-154') and Manpack ('AN/PRC-155') … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

TRW Europe Focuses On Power Steering Posted: 08 Jul 2011 12:35 PM PDT TRW Automotive Holdings Corp. (NYSE:TRW) plans to expand its electrically powered steering systems manufacturing facility in Poland in order to meet growing demand for electronic steering systems across the world. The expansion involves an additional manufacturing space of 9,000 square meters, which will be established in Bielsko Biala, close to the existing site in Czechowice-Dziedzice. The expanded facility will start its operations in the first quarter of 2012. It will create 250 jobs … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Q2 Boeing Order & Delivery Sheet Posted: 08 Jul 2011 12:35 PM PDT The international commercial airplane producer, The Boeing Co. (NYSE:BA) maintained its delivery level in the second quarter of 2011 with deliveries of 118 airplanes versus 114 in the second quarter of 2010 and 104 airplanes in the first quarter of 2011. The 737 model continues to be a major pillar of Boeing's strength in the commercial airplane sector with deliveries of 94 airplanes, followed by its 777 model with 19 deliveries. Both these models continue to do well due to their fuel efficiency … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BHP Upgraded To Outperform Posted: 08 Jul 2011 12:35 PM PDT We recently upgraded our recommendation on BHP Billiton Limited (NYSE:BHP) to Outperform from Neutral. We believe BHP Billiton has a competitive advantage based on its diversified portfolio of low cost and high quality assets on the backdrop ofa rise in constructive and automotive demand following an economic recovery. The company has invested US$9.8 billion toward exploration and development activities as part of their long-term growth strategy. The recent diversification into potash production … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Up In U.S. Trade Posted: 08 Jul 2011 12:10 PM PDT Forex Pros – pros – The U.S. Dollar was higher against the Canadian Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> USD/CAD was trading at 0.9607, up 0.22% at time of writing.<br/><br/> The pair was likely to find support at 0.9570, today&rsquo;s low, and resistance at 0.9695, Wednesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally … [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: 08 Jul 2011 11:45 AM PDT Forex Pros – pros – The Euro was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.<br/><br/> EUR/USD was trading at 1.4244, down 0.83% at time of writing.<br/><br/> The pair was likely to find support at 1.4207, today&rsquo;s low, and resistance at 1.4567, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 18K … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Options Traders Feed On Archer-Daniels-Midland Co. Calls Posted: 08 Jul 2011 10:52 AM PDT Options traders feed on Archer-Daniels-Midland Co. calls Today's tickers: ADM, TRW, RDWR & BPAX (NYSE:ADM) – Archer-Daniels-Midland Co. – Warren Buffet's comments that Archer-Daniels-Midland is the "kind of company we look at" in regards to hunting for acquisition candidates fueled heavier than normal activity in ADM options, bumped its shares up as much as 1.8% and pushed options implied volatility up 20.7% to 30.82% today. In an interview on Bloomberg Television this morning, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Weak Jobs Data Keeps Investors Away From Higher-yieding Currencies Posted: 08 Jul 2011 10:00 AM PDT 07/08/11 Investors continued to steer clear of higher-yielding currencies ths afternoon followng a weak round of jobs … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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