Wednesday, July 13, 2011

DailyMarkets.com - Zacks Initiating Coverage Of Clean Diesel Technologies Inc [CDTI]

DailyMarkets.com - Zacks Initiating Coverage Of Clean Diesel Technologies Inc [CDTI]


Zacks Initiating Coverage Of Clean Diesel Technologies Inc [CDTI]

Posted: 13 Jul 2011 08:05 AM PDT

Ian Gilson, CFA
Zacks initiating coverage of Clean Diesel Technologies Inc. [CDTI]

Clean Diesel Technologies [CDTI] is a leading provider of pollution control solutions for gasoline and diesel engines. The company offers both OEM and after-market products on a worldwide basis. The company was formed by a merger in October 2010 between CDTI Merger Sub and CSI.

The company recently completed a 3 million share offering for $10 million.

Over the next three years significant on highway diesel … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Zacks Initiating Coverage Of Clean Diesel Technologies Inc [CDTI]

Posted: 13 Jul 2011 08:05 AM PDT

Ian Gilson, CFA
Zacks initiating coverage of Clean Diesel Technologies Inc. [CDTI]

Clean Diesel Technologies [CDTI] is a leading provider of pollution control solutions for gasoline and diesel engines. The company offers both OEM and after-market products on a worldwide basis. The company was formed by a merger in October 2010 between CDTI Merger Sub and CSI.

The company recently completed a 3 million share offering for $10 million.

Over the next three years significant on highway diesel … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


24-Week Trial Data Announced / Final Module Filed…

Posted: 13 Jul 2011 08:05 AM PDT

24-Week Trial Data Announced / Final Module Filed…

In early July SANUWAVE (SNWV) announced that they had made the third and final module filing to the FDA for dermaPACE in the treatment of diabetic foot ulcers.  

Also announced was 24-week data from SANUWAVE’s Phase III IDE study.  The data, along with the 12-week results, which were announced in December 2010, will serve as support for FDA approval and were included in the third module filing.  

The recent data … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Lifeway Foods’ 2Q Sales Surge

Posted: 13 Jul 2011 08:05 AM PDT

Lifeway Foods Inc (LWAY), which manufactures dairy and non-dairy health food products, reported gross sales of $20.0 million in the second quarter of 2011, up 29% year over year and in line with the Zacks Consensus Sales estimate. The upside represents the company's second consecutive quarter of robust sales.
The upside in revenue was attributable to higher sales and increased awareness for its key product Kefir and other new product lines including Bio Kefir and Frozen Kefir. Its products … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Earning Scorecard: Shaw Communications

Posted: 13 Jul 2011 08:05 AM PDT

 Shaw Communications Inc.(NYSE:SJR) reported robust third quarter 2011 financial results, where both revenue and earnings per share (EPS) exceeded the Zacks Consensus Estimate. The year-over-year improvement was primarily attributable to the acquisition of the Shaw Media coupled with customer growth and rate increases in the Cable and Satellite segments.
Third Quarter Highlights
Net income in the reported quarter was $209.5 million or 46 cents per share compared with a net income of $163.5 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Netflix Raises Subscription Rates

Posted: 13 Jul 2011 07:35 AM PDT

A leading provider of online movie rental services, Netflix Inc. (NFLX) recently announced new subscription plans for its DVD-by-mail and streaming customers. Under the new plan, customers who seek to subscribe for both the DVD-by-mail and streaming services will have to pay $16.00 per month for unlimited access. Previously, Netflix used to charge $10.00 a month for the bundled offering.
Netflix announced that the unlimited streaming only plan will remain at $8.00 per month. However, to get an … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


LIFE Unveils New SIV Detect Kit

Posted: 13 Jul 2011 07:35 AM PDT

Recently, Life Technologies Corporation (LIFE) launched its first United States Department of Agriculture (USDA) approved, real-time polymerase chain reaction (PCR) test kit named Applied Biosystems VetMAXTM-Gold SIV Detection Kit.  This is the first USDA-licensed PCR solution in the biotechnology tools market, capable of detecting a wide range of Swine Influenza Virus (SIV) including H1N1.
Life Technologies is favorably positioned in the life sciences market. The Molecular Biology … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Australian Dollar: The Downside Prevails

Posted: 13 Jul 2011 07:18 AM PDT

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Canadian Dollar: Key ST Resistance At 993

Posted: 13 Jul 2011 07:18 AM PDT

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Dean Foods Settles Farmers’ Lawsuit

Posted: 13 Jul 2011 07:05 AM PDT

One of the leading processor and distributor of milk and other dairy products in the U.S., Dean Foods Company (NYSE:DF), has finally reached an agreement with the dairy farmers in Southeastern States. The farmers in this region filed the suit against the company for allegedly keeping the milk prices artificially low. The case was scheduled to go on trial in August 2011.
Under the agreement, Dean Food will have to make a total payment of $140.0 million in five years to settle the lawsuit. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Gold Rallies To Record High As Bernanke Testimony Awaited

Posted: 13 Jul 2011 06:56 AM PDT

Forexpros – Gold futures rallied to a new all-time high on Wednesday, amid ongoing worries over the euro zone&rsquo;s sovereign debt crisis, while investors awaited a congressional testimony by Federal Reserve Chairman Ben Bernanke.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,579.95 a troy ounce during U.S. morning trade, climbing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


‘Murdoch’s Watergate?’: “The Most Important Story In The World In The Last 25 Years”

Posted: 13 Jul 2011 06:54 AM PDT

Although I write primarily on issues directly relating to finance and the economy with a particular focus on investor education and investor protection, when the most important story in the world in the last 25 years comes along, I am compelled to address it.
I have been busy since January 2009 highlighting the endless assault on our prized virtues of truth, transparency, and integrity.
No corner of our global economic landscape has been protected from these assaults. That said, while the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex Trading: GBPUSD Looks Toward Another Test Of Trendline Resistance

Posted: 13 Jul 2011 06:47 AM PDT

The GBPUSD held trendline resistance at the 1.5987 level earlier today (high reached 1.5987). The trendline is from the move down from the June high to the low reached just yesterday.   A move above this level should solicit additional buying interest in the pair with the 200 day MA at the 1.6054 level being the next target for the pair on the daily chart. This level also corresponds with the slower channel target as defined by the most recent lows (see chart above).  Of course … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/CAD Hits 3-day Low After Upbeat Chinese Data

Posted: 13 Jul 2011 06:39 AM PDT

Forexpros – The U.S. dollar was down against its Canadian counterpart on Wednesday, falling to a three-day low as risk appetite was boosted by a string of upbeat Chinese economic data.&nbsp; <br /><br />USD/CAD hit 0.9600 during U.S. morning trade, the pair&rsquo;s lowest since July 8; the pair subsequently consolidated at 0.9622, shedding 0.45%.<br /><br />The pair was likely to find support at 0.9562, the low of July 8 and a two-month low and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Ten Largest U.S. Manufacturing Industries, 2010

Posted: 13 Jul 2011 06:37 AM PDT

Rank
10 Largest U.S. Manufacturing Industries
2010 Revenue (Millions)
Examples of Companies

1
Petroleum and Coal Products
$1,027,938
ExxonMobil, Chevron, Conoco

2
Computers and Other Electronic Products
$581,344
HP, IBM, Microsoft

3
Chemicals
$387,326
P&G, Dow, Dupont

4
Food
$284,390
ADM, Kraft, Tyson

5
Pharmaceuticals
$257,975
J&J, Pfizer, Abbot

6
Aerospace & Defense
$250,446
Boeing, United, Lockheed Martin

7
Electrical Equipment & Appliances
$245,307
GE, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


EA Agrees To Buy PopCap Games

Posted: 13 Jul 2011 06:36 AM PDT

Electronic Arts Inc.(NASDAQ:ERTS), popularly known as EA, has agreed to buy PopCap Games for an estimated $1.3 billion. With this acquisition, EA's plans of entering the rapidly growing games market on cell phones and social networks will gather the necessary momentum. The deal is set to close on August 2011, subject to customary closing conditions, including regulatory approvals.
PopCap Games, a Seattle-based game developing company, is one of the largest social gaming companies accredited with … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Jacobs Wins Two Major Contracts

Posted: 13 Jul 2011 06:36 AM PDT

Jacobs Engineering Group Inc.(NYSE:JEC) has been awarded two significant contracts, one from the North West Redwater Partnership, and the other from EDF’s NNB Generation Company Ltd. The values of both the contracts have not yet been disclosed.
Jacobs will be providing detailed engineering, procurement and construction services to North West Redwater Partnership for the development of a new oil refinery in Alberta, Canada. Under this contract, Jacobs will be supporting the critical phases of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Stock Market News Briefs: Bank Of America, Clean Diesel Technologies, Chesapeake Energy, Clean Energy Fuels Corp., MBIA, Microchip Technology Incorporated, NCR, Novellus Systems, Orbitz Worldwide, Radiant Systems, UBS AG

Posted: 13 Jul 2011 06:36 AM PDT

    Shares of bond insurer MBIA Inc. (NYSE:MBI) gained 6.86% after the company said it will withdraw its lawsuit against Bank of America Corp. (NYSE:BAC) and Merrill Lynch

    According to a report, NCR Corporation. (NYSE:NCR) will buy software maker Radiant Systems, Inc. (NASDAQ:RADS) in a deal valued at $1.2 billion

    Online travel company Orbitz Worldwide Inc, (NYSE:OWW) said it had entered into a partnership with Virgin Australia. Following this … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


PRX’ Branded Business Faces Setback

Posted: 13 Jul 2011 06:36 AM PDT

Par Pharmaceutical, Inc.'s (NYSE:PRX) proprietary products division, Strativa Pharmaceuticals recently faced a setback when MonoSol Rx and APR Applied Pharma Research S.A. announced that they will reacquire the US commercial rights to Zuplenz from Strativa. As a part of a licensing agreement with MonoSol Rx, Par Pharma had been marketing the product in the US since October 2010.
Additionally, MonoSol Rx and APR Applied Pharma said that they are looking for a partner to commercialize Zuplenz in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Aussie, Kiwi Gain After Better-than-Expected Chinese GDP

Posted: 13 Jul 2011 06:34 AM PDT

The Australian Dollar and New Zealand Dollar were the two strongest performing major currencies in the Asian and European sessions as data showed that China's second quarter gross domestic product grew by 9.5 percent on a yearly-basis. The data, which despite coming in at a pace slower than the previous quarter, still managed to beat economists' median forecast of 9.3 percent, according to a Bloomberg News survey.
Similarly, better-than-expected industrial production in June sent market … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Swiss Franc: The Downside Prevails

Posted: 13 Jul 2011 06:18 AM PDT

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Japanese Yen: Under Pressure

Posted: 13 Jul 2011 06:18 AM PDT

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Euro: Caution

Posted: 13 Jul 2011 06:18 AM PDT

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


British Pound: Caution

Posted: 13 Jul 2011 06:18 AM PDT

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/CHF Trims Gains Ahead Of Bernanke Testimony

Posted: 13 Jul 2011 06:18 AM PDT

Forexpros – The euro trimmed gains against the Swiss franc on Wednesday, to trade close to the pair&rsquo;s all-time low as investors turned more cautious ahead of testimony from Federal Reserve Chairman Ben Bernanke later in the day.<br /><br />EUR/CHF pulled back from 1.1721, the daily high, to hit 1.1639 during European late afternoon trade, still up 0.28% on the day.<br /><br />The pair was likely to find short-term support at 1.1551, Tuesday&rsquo;s low … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Mixed Messages In July USDA Crop Report

Posted: 13 Jul 2011 06:17 AM PDT

Today’s Idea Wednesday, July 13, 2011
Among the three major grain contracts, Corn futures appear to have the best upside potential, especially after the recent sell-off in prices spurred renewed buying out of China. In addition, there are still doubts as to the accuracy of the USDA Corn acreage estimate, with many traders believing the USDA overstated the amount of Corn that was planted. Given the potential volatility in the grain markets as the growing season progresses, some traders may wish … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Gold Edges Out Fresh Record High; Breakout Projection Targets 1670

Posted: 13 Jul 2011 06:15 AM PDT

Gold (XAU/USD)

Bullish Breakout; Continuation?
- Gold has been rallying for a week straight and more from the 1475 support pivot.
- It is now cracking the record high near 1576. A bullish breakout signal would be more clear if we have a break above the 1580 level.
- Looking at the RSI reading, it has failed to break below 40, and is now breaking above 60, about to kiss 70. Breaking 70 is a bullish confirmation to gold continuing the bullish mode.
- Using a range breakout projection, an … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Citrix Strengthens Cloud Foothold

Posted: 13 Jul 2011 06:05 AM PDT

Citrix Systems Inc. (NASDAQ:CTXS) has become a formidable player and has solidified its foothold in the cloud computing businesses by taking the route of acquisition. Yesterday, the company announced that it has completed the acquisition of Cloud.com Inc., a leading developer for software infrastructure platform for cloud computing service providers. The financial terms of the deal are not yet disclosed.
The CloudStack product suite of Cloud.com offers an open-source platform-as-a-service … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Citrix Strengthens Cloud Foothold

Posted: 13 Jul 2011 06:05 AM PDT

Citrix Systems Inc. (NASDAQ:CTXS) has become a formidable player and has solidified its foothold in the cloud computing businesses by taking the route of acquisition. Yesterday, the company announced that it has completed the acquisition of Cloud.com Inc., a leading developer for software infrastructure platform for cloud computing service providers. The financial terms of the deal are not yet disclosed.
The CloudStack product suite of Cloud.com offers an open-source platform-as-a-service … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Televisa Underperforms In 2Q11

Posted: 13 Jul 2011 06:05 AM PDT

Grupo Televisa S.A.B. (NYSE:TV), the largest integrated cable and media company in Mexico, reported second quarter of 2011 financial results, which fell below the Zacks Consensus Estimates. Significant surge in depreciation and amortization charges affected the company's net income as Televisa spent more on new customers for expanding its client base.  
Quarterly consolidated net income was approximately $153.7 million, almost unchanged year over year. Second-quarter EPGDS (Earnings per … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex Trading: EURUSD Holds 50% Fibo Resistance At 1.4105. Tests Trendline Now

Posted: 13 Jul 2011 05:56 AM PDT

The EURUSD moved higher today continuing the corrective move started yesterday. The price has peaked at the 1.4105 level (high reached 1.4106) which corresponds with the 50% retracement of the move down from the July 7th high. The move back lower is now testing channel support of the move higher at 1.4041.  This level should find some profit taking on the first test at least.  A break below will open the door for a move toward the 1.4000 level where another channel (slower channel) … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Previewing Bernanke’s Testimony & Its Impact On The USD

Posted: 13 Jul 2011 05:40 AM PDT

Today's US session will pay very close attention to the testimony of Fed Chairman Bernanke in front of the House Financial Services Committee at 10:00AM ET (2PM GMT).
Importance of This Event:
Since we heard from Bernanke last – which was in a press conference following the FOMC decision in June – we've had the Minutes from that meeting released as well as the latest look at employment figures. We therefore will get to hear if the Fed's position has changed somewhat since … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


U.S. Futures Gain Ahead Of Bernanke Testimony; Dow Up 0.35%

Posted: 13 Jul 2011 05:39 AM PDT

Forexpros – U.S. stock futures pointed to a higher open on Wednesday, as market sentiment was lifted by upbeat Chinese growth data, while investors awaited a congressional testimony by Federal Reserve Chairman Ben Bernanke. <br /><br />Dow Jones Industrial Average futures pointed to a gain of 0.35%, the S&amp;P 500 futures climbed 0.45%, while the Nasdaq 100 futures rose 0.55%.<br /><br />Official data released earlier showed that Chinese gross domestic product … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


AUD/USD Completes A Retracement Pattern; Short-term Bearish Outlook Starts Below 1.0630

Posted: 13 Jul 2011 05:38 AM PDT

Prev: AUD/USD at Important Support During a Zig Zag Correction (7/11)
AUD/USD

Bullish Overnight:
- China's data that came out in the most recent Asian session did not stir any sense of a hard landing in that economy. This bodes well for the Aussie as the Australian economy is somewhat dependent on the demand from China for its natural resources.
- The AUD/USD rallied throughout the Asian and European session, and is at an important level heading into the US session.
- A pivot at 1.0670 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


U.S. Import Prices Decline Less-than-expected In June

Posted: 13 Jul 2011 05:36 AM PDT

Forexpros – U.S. import prices declined less-than-expected in June, official data showed on Wednesday.&nbsp; <br /><br />In a report, the U.S. Bureau of Labor Statistics said U.S. import prices fell by 0.5% in June, after rising by 0.1% in May, whose figure was revised down from 0.2%.&nbsp; <br /><br />Analysts had expected U.S. import prices to fall by 0.6% in June.<br /><br />It was the first monthly decline since June 2010.<br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Air Products To Build Solar Farm

Posted: 13 Jul 2011 05:30 AM PDT

Air Products & Chemicals Inc. (NYSE:APD) plans to build a 12-acre solar farm at its corporate headquarters in Allentown, capable of generating 2 MW of electricity. The 2 MW is enough to serve the energy needs of nearly half of Air Products’ administration buildings. The project is expected to begin construction this fall and be on stream in 2011.
Air Products has been supplying critical gases and materials to photovoltaic (PV) manufacturers, who make solar panels for many years as part of its … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


3M Expands CMP Capacity

Posted: 13 Jul 2011 05:30 AM PDT

3M Company (NYSE:MMM) has completed the expansion of its Pad Conditioner manufacturing factory in Woodlands, Singapore. The company also inaugurated a new pad conditioner manufacturing plant in YangMei, Taiwan. 3M is a globally renowned provider of chemical mechanical planarization (CMP) Pad Conditioners.
3M has become the sole pad conditioner manufacturer operating in Cottage Grove, Minn., Woodlands, Singapore and YangMei, Taiwan with this expansion. The Singapore facility has already been … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Oil And Gold Look To Bernanke Testimony For Sentiment, Inflation Cues

Posted: 13 Jul 2011 05:08 AM PDT

Commodities – Energy
Crude Oil to Follow Stocks as Fed Chairman Sets Trajectory
WTI Crude Oil (NY Close): $97.43 // +2.28 // +2.40%
S&P 500 stock index futures are trading aggressively higher ahead of the opening bell on Wall Street, pointing to a broad-based swell in risk appetite that promises to bring the WTI contract along for the ride. The surge in optimism precedes Congressional testimony from Federal Reserve Chairman Ben Bernanke amid hopes that the door to further stimulus has not … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


UK Jobless Claims Will Keep BOE Dovish – Looking At Reaction In EUR/GBP And GBP/AUD

Posted: 13 Jul 2011 05:07 AM PDT

UK Claimant Count Climbs by 24.5K in June, Worrisome for the Pound
In the UK we saw jobless benefit claims rise by a larger than expected amount in June, up 24.5K compared to expectations of a 15.1K increase. The figure for May was also revised upward to 22.5K from the originally reported 19.6K.
The ILO unemployment rate for May (it trails the jobless claims by a month) remained at 7.7%.
We previewed this release here: Anticipating UK Employment Data in the Context of Bearish GBP/USD
Why … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – Dollar Broadly Lower Vs. Rivals As Risk Appetite Recovers

Posted: 13 Jul 2011 04:58 AM PDT

Forex Pros – pros &ndash; The U.S. dollar remained broadly lower against its major counterparts on Wednesday, as upbeat Chinese economic data boosted investor demand for higher yielding assets.<br /><br />During European afternoon trade, the greenback was down against the euro, with EUR/USD climbing 0.73% to hit 1.4077.<br /><br />Irish bond yields surged to euro-lifetime highs earlier in the day, after Ireland became the third euro zone member, after Greece and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – GBP/USD Trims Gains After U.K. Employment Data

Posted: 13 Jul 2011 04:47 AM PDT

Forex Pros – pros &ndash; The pound trimmed gains against the U.S. dollar on Wednesday, pulling away from a two-day high after government data showed that the number of people claiming unemployment benefits in the U.K. posted the largest jump in two years in June.<br /><br />GBP/USD pulled away from 1.5990, the pair&rsquo;s highest since Monday, to hit 1.5950 during European afternoon trade, still up 0.24% on the day.<br /><br />Cable was likely to find support … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/USD Holds Gains As Bernanke Testimony Looms

Posted: 13 Jul 2011 04:38 AM PDT

Forex Pros – pros &ndash; The euro held gains against the U.S. dollar on Wednesday, ahead of testimony on the U.S. economic outlook from Federal Reserve Chairman Ben Bernanke, while Irish government bond yields surged after the country&rsquo;s debt was downgraded.<br /><br />EUR/USD hit 1.4110 during European afternoon trade, the pair&rsquo;s highest since Monday; the pair subsequently consolidated at 1.4084, rising 0.78%.<br /><br />The pair was likely to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Corn Futures Jump After USDA Supply Report

Posted: 13 Jul 2011 03:40 AM PDT

Forex Pros – pros &ndash; Corn futures were up for a fifth day on Wednesday, trading near a three-week high after the U.S. Department of Agriculture said that U.S. corn stockpiles rose less-than-expected, underlining concerns over tightening supplies.<br /><br />On the Chicago Mercantile Exchange, corn futures for July delivery traded at USD7.0500 a bushel during European morning trade, jumping 1.95%. <br /><br />It earlier rose to USD7.1150 a bushel, hovering … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex News – China’s Growth Numbers Generating Optimism

Posted: 12 Jul 2011 04:42 PM PDT

By ForexMansion.com
 
China's economic growth in the second quarter managed to end the sharp selloffs that were triggered in the markets this week. the Chinese economy expanded by an annualized 9.5%, above the median estimates of 9.3%. This spread optimism across the broad markets and the safe heaven dollar lost pace.
The better than expected growth numbers from China increased believes that exports will remain strong, compensating for the fears triggered by the European debt crisis that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


USD/JPY Daily Fundamental Analysis For July 14, 2011

Posted: 12 Jul 2011 03:55 PM PDT

By ForexMansion.com
The USD/JPY pair rebounded from its lowest level in four months, as risk appetite returned to foreign exchange markets to reduce demand on safe haven currencies, opening the way for higher yielding currencies to cover some of its previous losses.
The Chinese economy continued to grow during the second quarter, despite the GDP figures came slower than the previous reading they were still better than expectations and eased some of the fears over the outlook for the recovery; … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


NZD/USD Daily Fundamental Analysis For July 14, 2011

Posted: 12 Jul 2011 03:53 PM PDT

By ForexMansion.com
The NZD/USD pair advanced early Wednesday to cover its previous losses, as the New Zealand dollar benefited from the greenback weakness, in addition to the market sentiment improvement after the Chinese data.
The US dollar retreated against most of its major counterparts, after the Chinese GDP for the second quarter came better than expected, confirming that the global economy still find some support from the second-largest economy in the world.
New Zealand is expected to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


AUD/USD Daily Fundamental Analysis For July 14, 2011

Posted: 12 Jul 2011 03:51 PM PDT

By ForexMansion.com
The AUD/USD pair climbed early Wednesday from its lowest level in eleven days, as the weak US dollar open the way for the Aussie to cover some of its previous losses.
The better than expected data from China, encouraged Australian dollar traders to reverse its movement against the greenback, as the strong manufacturing growth and better than expected GDP from China eased fears over slowing growth and will help increase demand on raw materials from Australia.
The US dollar … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


AUD/NZD Daily Fundamental Analysis For July 14, 2011

Posted: 12 Jul 2011 03:47 PM PDT

By ForexMansion.com
The AUD/NZD pair continued its upside movement for the third straight day, as the Kiwi and the Aussie rebounded against the greenback after the better than expected growth data from the Chinese economy.
The market sentiment enhanced after the Chinese GDP for the second quarter came better than expected, increasing optimism in the markets and drove investors to abandon the safe haven currencies. The Chinese annual industrial production for June jumped to 15.1% from the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Closing Bell Market Monitor: RADS, NCR, MBI, MCHP

Posted: 12 Jul 2011 02:00 PM PDT

07/12/11 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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