DailyMarkets.com - Varian TrueBeam Lands In Sweden |
- Varian TrueBeam Lands In Sweden
- DTE Energy Expands Pipeline
- NeuroTherm Buys ArthroCare Devices
- Earnings Scorecard: Nike
- Oil Drilling Pushes Rig Count Up
- PetroChina, INEOS Complete JVs
- Sluggish U.S. Auto Sales In June
- Neutral On Sherwin Williams
- Medtronic Introduces Spinal Device
- Viibryd Launched By Forest Labs
- GM Recalls Pickup Trucks
- Forex – AUD/USD Down In U.S. Trade
- Pepsi Getting Popular In Russia
- Compuware Acquires DynaTrace
- Dover Completes Vienna Acquisition
- Alexion Stands At Neutral
- Regency Acquires Minneapolis Mall
- Bank Of Uganda Sets New Interest Rate At 13.00%
- Forex – NZD/USD Up During The U.S. Session
- Bank Of Ghana Cuts Lending Rate 50bps To 12.50%
- Poland Central Bank Holds Interest Rate At 4.50%
- Analyst Interviews: Non-U.S. Banks Stock Update
- BMO Completes M&I Acquisition
- Helmerich & Payne Secures Rig Deal
- Potential LBO For Kinetic Concepts Fuels Flurry Of Options Activity
- “It’s All About Jobs”
- People’s Bank Of China Raises Interest Rate 25bps To 6.56%
- Dollar Extends Its Gains
- Forex – GBP/USD Down In U.S. Trade
- JPMorgan Reiterated At Neutral
- European Markets Close Lower; Dax Down 0.11%
- Earnings Scorecard: FedEx
- Walmart Offers Jobs In Wichita
- Western Union To Buy Travelex
- More Gold In Lepanto Consolidated Mining Company B (LCB)?
- Canadian Dollar: Key ST Resistance At 993
- Australian Dollar: The Downside Prevails
- Forex – EUR/USD Down At The End Of European Session
- AUD/USD In A Short-term Head And Shoulder Attempt
- Forex – EUR/USD Down Toward The End Of European Session
- Eurozone Spreads Blow-out As Focus Turns Away From Athens
- General Dynamics Issues $1.5B Debts
- American Axle Remains Neutral
- Caterpillar Signs Australian MoU
- TPG To Buy Immucor For $1.9B
- Earning Scorecard: Research In Motion
- MFA Financial Hikes Dividend
- Forex – USD/JPY Down Toward The End Of European Session
- Word From The Floor: Stocks Start Mixed, Amidst Light Volume
- Forex Trading: EURCHF. Looking For A Reason To Take Profit
- Forex – GBP/USD Down Toward The End Of European Session
- Forex – GBP/JPY Down During The European Session
- GBP/USD In A Wedge Breakout Signaling Bearish Continuation
- Crude Remains Under $97
- Forex Trading: EURUSD Falls More…but
- ISM Non-Manufacturing Index At 53.4, New Orders Slower, Prices Tumble, Employment Holds Steady
- Morning Market Brief
- Turtle Trading Rules: Trend Following Investing Based On 20 Amp; 55 Day Highs
- Relative Strength: How Does Momentum Investing Work?
- Sports Direct In Tie-up With Sir Tom Hunter Over USC And Cruise Clothing Chains
| Varian TrueBeam Lands In Sweden Posted: 06 Jul 2011 12:02 PM PDT Leading integrated radiotherapy systems maker Varian Medical's (NYSE:VAR) coveted TrueBeam radiotherapy and radiosurgery system has made its Scandinavian debut as it was successfully placed at a leading hospital in Sweden. The advanced therapy system has begun treating cancer patients at Vasteras Hospital in Stockholm, the only hospital offering radiotherapy in Sweden.
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| Posted: 06 Jul 2011 12:02 PM PDT Bluestone Gathering, a wholly owned subsidiary of DTE Energy Company (NYSE:DTE), has signed a long-term agreement with Southwestern Energy Services Company (''SES'') to build and operate a natural gas gathering system in Susquehanna County, Pennsylvania and Broome County, New York.
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| NeuroTherm Buys ArthroCare Devices Posted: 06 Jul 2011 12:02 PM PDT Surgical products maker ArthroCare Corp (NASDAQ:ARTC) has reportedly divested its Parallax and Contour product lines used in interventional spine surgeries to leading pain management products maker NeuroTherm, Inc. The Parallax products are used in a number of orthopedic procedures, including treatments for vertebral compression fractures ("VCF"), while Contour has been designed for vertebral body void (or space) creation.
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| Posted: 06 Jul 2011 12:02 PM PDT The global leader of sports equipment and apparel maker, Nike Inc. (NYSE:NKE) announced its financial results for the fourth-quarter 2011.
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| Oil Drilling Pushes Rig Count Up Posted: 06 Jul 2011 11:35 AM PDT In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (NYSE:BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to an increase in the tally of oil rigs.
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| PetroChina, INEOS Complete JVs Posted: 06 Jul 2011 11:35 AM PDT State-controlled Chinese energy giant PetroChina Co. Ltd. (NYSE:PTR) has closed the formation of its previously announced two joint ventures with a privately held British chemicals firm, INEOS Group Holdings plc. PetroChina contributed $1.015 billion in cash for the shares in the joint ventures and executed the deal through its subsidiary PetroChina International (London) Company.
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| Sluggish U.S. Auto Sales In June Posted: 06 Jul 2011 11:35 AM PDT Light vehicle sales in the U.S. rose a tad by 2.4% to a seasonally adjusted annualized rate of 11.41 million vehicles in June from 11.14 million vehicles in the same month last year. It came down from the seasonally adjusted annual rate of 11.8 million in May, the slowest since June 2010. Total sales inched up 7.1% to 1.05 million vehicles during the month.
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| Posted: 06 Jul 2011 11:35 AM PDT We are maintaining our Neutral recommendation on Sherwin Williams Company (NYSE:SHW) as it is recovering with improving domestic and international sales of automotive finishes, original equipment manufacturers' product finishes, and protective and marine coatings.
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| Medtronic Introduces Spinal Device Posted: 06 Jul 2011 11:35 AM PDT Leading medical devices player, Medtronic (NYSE:MDT), strengthened its Spinal portfolio with the launch of CD Horizon Fenestrated Screw Spinal System in Europe. The product will be used in combination with Fenestrated Screw Cement. Over the next few months, this product will be launched in India, Singapore and Australia. However, CD Horizon Fenestrated Screw Spinal System is not available in US.
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| Viibryd Launched By Forest Labs Posted: 06 Jul 2011 11:35 AM PDT Forest Laboratories, Inc. (NYSE:FRX) recently announced the launch of Viibryd (vilazodone HCl) tablets in the US. Viibryd, which is approved for the treatment of adults with major depressive disorder, is available at pharmacies across the US.
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| Posted: 06 Jul 2011 11:35 AM PDT General Motors Company (NYSE:GM) announced two tires of recall of about 10,000 pickup trucks from the model year 2011 due to problems with their automatic transmission and steering shaft.
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| Forex – AUD/USD Down In U.S. Trade Posted: 06 Jul 2011 11:15 AM PDT Forex Pros – pros – The Australian Dollar was lower against the U.S. Dollar on Wednesday.<br/><br/> AUD/USD was trading at 1.0673, down 0.20% at time of writing.<br/><br/> The pair was likely to find support at 1.0656, today’s low, and resistance at 1.0790, Friday’s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.74% to hit 1.3395 and AUD/JPY falling … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Pepsi Getting Popular In Russia Posted: 06 Jul 2011 11:04 AM PDT Pepsico Inc. (NYSE:PEP) the global food and Drinks Corporation, announced that it will buy the remaining 23% of Wimm-Bill-Dann Foods OJSC (WBD), Russia’s leading branded food and beverage company. Wimm-Bill-Dann produces dairy products, juices, mineral water and baby food.
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| Posted: 06 Jul 2011 11:04 AM PDT Compuware Corporation (NASDAQ:CPWR) recently announced that the company acquired Boston-based rival dynaTrace software for $256 million.
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| Dover Completes Vienna Acquisition Posted: 06 Jul 2011 11:04 AM PDT Dover Corporation (NYSE:DOV) completed the acquisition of Vienna, an Austria-based Sound Solutions business line of NXP Semiconductors NV (NXPI) for $855 million.
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| Posted: 06 Jul 2011 11:04 AM PDT We are maintaining our Neutral stance on Alexion Pharmaceuticals (NASDAQ:ALXN) with a target price of $49.00.
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| Regency Acquires Minneapolis Mall Posted: 06 Jul 2011 11:04 AM PDT Regency Centers Corp. (NYSE:REG), a leading operator and developer of grocery-anchored and community shopping centers across the U.S., has recently acquired Calhoun Commons – a 66,150 square foot mall in downtown Minneapolis, for $21 million.
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| Bank Of Uganda Sets New Interest Rate At 13.00% Posted: 06 Jul 2011 10:52 AM PDT The Bank of Uganda set its new monetary policy interest rate (the central bank rate) at 13.00%. Bank of Uganda Governor, Emmanuel Tumusiime Mutebile, said: ”To tighten monetary policy, the Central Bank Rate will be set at 13% for the month of July. The interest rate will be used to guide the 7–day interbank interest rates,”. The move represents the Bank’s first interest rate decision as it begins using the 7-day interbank rate to influence inflation, and begins … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – NZD/USD Up During The U.S. Session Posted: 06 Jul 2011 10:45 AM PDT Forex Pros – pros – The New Zealand Dollar was higher against the U.S. Dollar on Wednesday.<br/><br/> NZD/USD was trading at 0.8272, up 0.24% at time of writing.<br/><br/> The pair was likely to find support at 0.8234, Tuesday’s low, and resistance at 0.8332, Monday’s high.<br/><br/> Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.31% to hit 1.2918 and EUR/NZD falling 1.00% to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Bank Of Ghana Cuts Lending Rate 50bps To 12.50% Posted: 06 Jul 2011 10:45 AM PDT The Bank of Ghana cut its key lending rate by 50 basis points to 12.50% in order to help boost lending as inflationary pressures reduce. Bank of Ghana Governor, Kwesi Amissah-Arthur, said: “Inflation is going down and we don’t see the banks responding (to lower interest rates)” and further noted that “the bank is confident that the annual inflation target of 9 percent is achievable”. The Bank of Ghana also reduced its lending rate by 50 basis points to 13.00% at its May meeting … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Poland Central Bank Holds Interest Rate At 4.50% Posted: 06 Jul 2011 10:38 AM PDT The Narodowy Bank Polski’s Monetary Policy Council maintained its benchmark 7-day interest rate unchanged at 4.50%. The Bank said: “In the coming months, the annual CPI inflation rate will continue at an elevated level, mainly due to the strong growth in global commodity prices observed prior to the inflation increase.” The Bank also noted that it would “not rule out a further adjustment of monetary policy, should the outlook fro inflation’s return to the target … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Analyst Interviews: Non-U.S. Banks Stock Update Posted: 06 Jul 2011 10:35 AM PDT Backed by worldwide regulatory reform, the global banking industry is currently going through a transformation phase. Though the growth potential of some non-U.S. banks could be subdued due to higher reserve requirements, increased property taxes and strict lending limits as part of the regulatory overhaul, greater transparency in regulation could strengthen the fundamentals of many banks. Moreover, it is expected to create a less risky lane for the overall industry. Since 2010, the banking … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 06 Jul 2011 10:35 AM PDT The acquisition of Marshall & Ilsley Corporation (NYSE:MI) by Bank of Montreal (NYSE:BMO) finally drew to a close on Tuesday, following BMO's repayment of $1.715 billion of Troubled Asset Relief Program (TARP) money that M&I had borrowed from the U.S. Treasury in 2008. Along with this repayment, which was a part of the acquisition deal, BMO also purchased $3.3 million worth of warrants that were issued to the U.S. Treasury by M&I and paid $11.9 million as accrued dividends.
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| Helmerich & Payne Secures Rig Deal Posted: 06 Jul 2011 10:35 AM PDT Global contract drilling company Helmerich & Payne Inc. (NYSE:HP) signed a deal to manufacture and operate 12 additional FlexRigs. Eight exploration and production companies, names of which were not disclosed, contracted Helmerich & Payne for the construction job.
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| Potential LBO For Kinetic Concepts Fuels Flurry Of Options Activity Posted: 06 Jul 2011 10:34 AM PDT Potential LBO for Kinetic Concepts fuels flurry of options activity
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| Posted: 06 Jul 2011 10:32 AM PDT 07/06/11 DME Securities’ Alan Valdes discusses global central banks and the upcoming US employment … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| People’s Bank Of China Raises Interest Rate 25bps To 6.56% Posted: 06 Jul 2011 10:16 AM PDT The People’s Bank of China raised its one-year benchmark lending rate by 25 basis points to 6.56% from 6.31%, and the one-year deposit rate to 3.50% from 3.25%. The latest monetary policy tightening measures come after the Bank said on Monday that it would continue to implement a prudent monetary policy as inflationary pressures still remained high. In a release on monetary policy the Bank noted the slow global economic recovery, and risk factors, as well as noting a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 06 Jul 2011 05:00 AM PDT 07/06/11 The US dollar continued to rise this session after China lifted its lending and deposit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – GBP/USD Down In U.S. Trade Posted: 06 Jul 2011 10:00 AM PDT Forex Pros – pros – The British Pound was lower against the U.S. Dollar on Wednesday.<br/><br/> GBP/USD was trading at 1.5999, down 0.38% at time of writing.<br/><br/> The pair was likely to find support at 1.5949, today’s low, and resistance at 1.6140, Monday’s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.29% to hit 0.8958 and GBP/JPY falling 0.53% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| JPMorgan Reiterated At Neutral Posted: 06 Jul 2011 09:55 AM PDT We continue to maintain our long-term "Neutral" recommendation on JPMorgan Chase & Co. (NYSE:JPM). Although we anticipate continued synergies from a reduction in reserves for future losses, business diversification and strong capital deployment activity, the effect of the foreclosure mess, along with legal and regulatory challenges, and the pressure on net interest margin (NIM) due to a low interest rate environment will drag down future earnings.
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| European Markets Close Lower; Dax Down 0.11% Posted: 06 Jul 2011 09:55 AM PDT Forex Pros – pros – European stocks were down after the closing bell on Wednesday.<br/><br/> At the close of European trade, Germany’s DAX fell 0.11%, London’s FTSE 100 shed 0.35%, France’s CAC 40 declined 0.44% and the EURO STOXX 50 was down 0.63%.<br/><br/> Meanwhile, on Wall Street, equity markets were up after the open. The Dow Jones Industrial Average was up 0.45%; the S&P 500 index gained 0.15%, while the Nasdaq 100 index climbed … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 06 Jul 2011 09:35 AM PDT FedEx Corporation (NYSE:FDX), the world’s second-largest package delivery company, reported fourth quarter 2011 results on June 22. Both adjusted earnings and revenue surpassed the Zacks Consensus Estimates and improved from the year-ago results.
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| Walmart Offers Jobs In Wichita Posted: 06 Jul 2011 09:35 AM PDT Retail giant Wal-Mart Stores Inc (NYSE:WMT) has announced to create 300 jobs for its five Walmart Neighborhood Markets stores in Wichita.
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| Posted: 06 Jul 2011 09:35 AM PDT Yesterday, Western Union Co. (WU) announced that it has entered into an agreement with London-based foreign exchange company Travelex Group to purchase its global business payments arm.
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| More Gold In Lepanto Consolidated Mining Company B (LCB)? Posted: 06 Jul 2011 09:21 AM PDT The "B" shares of Lepanto Consolidated Mining Company has been the best performing stock for this year, returning a YTD gain of 123.91% as of July 6, 2011. And by the looks of it, it seems that LCB is still gunning for some more profit.
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| Canadian Dollar: Key ST Resistance At 993 Posted: 06 Jul 2011 09:17 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Australian Dollar: The Downside Prevails Posted: 06 Jul 2011 09:17 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/USD Down At The End Of European Session Posted: 06 Jul 2011 09:00 AM PDT Forex Pros – pros – The Euro was lower against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4329, down 0.69% at time of writing.<br/><br/> The pair was likely to find support at 1.4287, today’s low, and resistance at 1.4579, Monday’s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.30% to hit 0.8957 and EUR/JPY falling 0.90% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| AUD/USD In A Short-term Head And Shoulder Attempt Posted: 06 Jul 2011 08:58 AM PDT AUD/USD - The AUD/USD is attempting a correction in the short-term. So far this has taken shape of a head and shoulder with a declining neckline, so it will be hard to determine a breakout below the pattern.
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| Forex – EUR/USD Down Toward The End Of European Session Posted: 06 Jul 2011 08:40 AM PDT Forex Pros – pros – The Euro was lower against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4329, down 0.69% at time of writing.<br/><br/> The pair was likely to find support at 1.4287, today’s low, and resistance at 1.4579, Monday’s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.31% to hit 0.8956 and EUR/JPY falling 0.91% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Eurozone Spreads Blow-out As Focus Turns Away From Athens Posted: 06 Jul 2011 08:38 AM PDT Government fixed income prices took-off again midweek jet-fuelled by growing concerns over the European debt crisis, with official discussions seemingly running up against roadblocks at every avenue. Bond prices accelerated after a cooler reading of the health of the U.S. service sector, while the demand for safer assets was provided a tailwind following an increase in official Chinese interest rates culminating in a self-evident sell-off in riskier assets.
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| General Dynamics Issues $1.5B Debts Posted: 06 Jul 2011 08:35 AM PDT Media reports say that defense contractor General Dynamics Corporation (NYSE:GD) issued $1.5 billion debts with an intention to utilize a part of the proceeds to repay the principal of its $750 million outstanding bonds that are maturing July 15.
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| Posted: 06 Jul 2011 08:35 AM PDT We reiterate our Neutral recommendation on American Axle & Manufacturing Holdings Inc. (NYSE:AXL), which is a leading supplier of driveline systems, modules and components for the light vehicle market. The company makes axles, driveshafts and chassis components for light trucks, sport utility vehicles (SUVs) and passenger cars.
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| Caterpillar Signs Australian MoU Posted: 06 Jul 2011 08:35 AM PDT Caterpillar Inc. (NYSE:CAT) along with its dealer WesTrac recently signed a Memorandum of Understanding (MoU) with Perth, Australia based Fortescue Metals Group, to implement an autonomous mining solution, that enhances productivity and performance for Fortescue’s new Solomon iron ore mine.
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| Posted: 06 Jul 2011 08:20 AM PDT Manufacturer and seller of automated systems and reagents, Immucor Inc. (NASDAQ:BLUD) recently announced that it will be taken over by private equity group TPG Capital for $1.97 billion. As per the terms of the agreement, Immucor's shareholders will receive $27 in cash for each share of the company, representing a premium of 30.2% over the closing price of the stock on July 1, 2011 and a premium of approximately 35.6% to Immucor’s average closing price over the last month. The deal is expected to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Earning Scorecard: Research In Motion Posted: 06 Jul 2011 08:20 AM PDT Research In Motion Ltd.(NASDAQ:RIMM) reported its first quarter 2012 financial results, where earnings per share (EPS) exceeded the Zacks Consensus Estimate but revenues missed the same.
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| Posted: 06 Jul 2011 08:20 AM PDT MFA Financial, Inc. (MFA) a real estate investment trust (REIT), recently hiked its quarterly cash dividend by $0.235 to $0.25 per share.This reflects a 6.4% increase from the company's prior dividend payout. The increased dividend will be paid on July 29, 2011, to stockholders of record as of June 14, 2011.This increase in quarterly dividend takes the annual dividend yield, as of July 5, 2011, to 12.2%.
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| Forex – USD/JPY Down Toward The End Of European Session Posted: 06 Jul 2011 08:20 AM PDT Forex Pros – pros – The U.S. Dollar was lower against the Japanese Yen on Wednesday.<br/><br/> USD/JPY was trading at 80.87, down 0.25% at time of writing.<br/><br/> The pair was likely to find support at 80.54, Monday’s low, and resistance at 81.19, Tuesday’s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.79% to hit 1.4314 and GBP/USD falling 0.43% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Word From The Floor: Stocks Start Mixed, Amidst Light Volume Posted: 06 Jul 2011 08:10 AM PDT 07/06/11 US stocks begin session on a mixed note, as global fundamentals in focus. China raised rates, Portugal downgraded by … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: EURCHF. Looking For A Reason To Take Profit Posted: 06 Jul 2011 08:04 AM PDT Needless to day the EURCHF has reassumed the role as safe haven pair. Add to it the bearishness from the EURUSD since the Portugal downgrade and the conditions were ripe for the rout. If you were adept enough to catch the trend, the price on the daily chart has found some support against the old channel trendlineat the 1.1958 level. The market got within 7 pips of this level on the sharp move lower, and has since rebounded to the 1.2000 level. I would not necessarily endorse … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – GBP/USD Down Toward The End Of European Session Posted: 06 Jul 2011 08:00 AM PDT Forex Pros – pros – The British Pound was lower against the U.S. Dollar on Wednesday.<br/><br/> GBP/USD was trading at 1.5976, down 0.53% at time of writing.<br/><br/> The pair was likely to find support at 1.5949, today’s low, and resistance at 1.6140, Monday’s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.33% to hit 0.8954 and GBP/JPY falling 0.74% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – GBP/JPY Down During The European Session Posted: 06 Jul 2011 07:40 AM PDT Forex Pros – pros – The British Pound was lower against the Japanese Yen on Wednesday.<br/><br/> GBP/JPY was trading at 129.15, down 0.81% at time of writing.<br/><br/> The pair was likely to find support at 128.99, today’s low, and resistance at 130.85, Tuesday’s high.<br/><br/> Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.53% to hit 1.5974 and EUR/GBP falling 0.27% to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| GBP/USD In A Wedge Breakout Signaling Bearish Continuation Posted: 06 Jul 2011 07:32 AM PDT Prev: Stalking GBP/USD in a Rising Wedge (7/5) - The rising wedge had a wave (e) failure before falling below the wedge support.
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| Posted: 06 Jul 2011 07:30 AM PDT 07/06/11 Front month crude prices continued to remain just below $97 a barrel this session on a rising dollar and dan optimistic demand … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: EURUSD Falls More…but Posted: 06 Jul 2011 07:26 AM PDT The EURUSD has moved to new lows as selling accelerated to the downside. The price correction held the 1.4339 level (50% of the move up from June 27th) and failure to get above, kept the bears in charge. The price remains below the channel that started yesterday and the price could not re-enter the channel this morning on the correction (see chart above). The bias remains to the downside as long as the price remains below the 1.4339 level.
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| ISM Non-Manufacturing Index At 53.4, New Orders Slower, Prices Tumble, Employment Holds Steady Posted: 06 Jul 2011 07:19 AM PDT The ISM non-manufacturing index, the main measure of overall services activity in the US, showed another month of activity increasing, but the reading for June at 53.4 was below forecasts of a 53.9 reading, and below May's 54.6. var div = jQuery(“”).css({ The internals of the report reveal some interesting tidbits. First off, we see a huge drop in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 06 Jul 2011 01:15 AM PDT 07/06/11 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
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| Turtle Trading Rules: Trend Following Investing Based On 20 Amp; 55 Day Highs Posted: 06 Jul 2011 01:38 AM PDT In Brief quot;We’re going to raise traders just like they raise turtles in Singaporequot;. Background
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| Relative Strength: How Does Momentum Investing Work? Posted: 06 Jul 2011 01:34 AM PDT In Brief
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| Sports Direct In Tie-up With Sir Tom Hunter Over USC And Cruise Clothing Chains Posted: 06 Jul 2011 01:10 AM PDT Sports and fashion chain Sports Direct (LON:SPD) has agreed a deal with Sir Tom Hunter that will see it take an 80% stake in the retail entrepreneur's USC and Cruise Clothing operations in a cash deal worth £7.0 million. USC currently has 38 stores across the UK and turnover in the 12 months to 30 January 2011 was £70.0 million. Cruise has 10 stores in the UK and an annual turnover of around £20 million. Sports Direct will provide a facility of up to £20 million to enable the existing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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