DailyMarkets.com - Big Lots Beats, Lifts Outlook

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• Big Lots Beats, Lifts Outlook
• Goldman Sachs Sells Senior Notes
• Danaher Reaffimed At Neutral
• American Axle To Shut NY Plant
• Highwoods Maintains Neutral Rec
• American Tower Remains Neutral
• Conoco Caught In Oil Spill Storm
• Forex – AUD/USD Down In U.S. Trade
• CA Teams With HyTrust
• Prologis Divests Industrial Assets
• Caterpillar Expands In China
• Statoil: 3rd Find In Gulfaks South
• CSC And Government Bury Hatchet
• Megacheap Megacaps
• UTHR’s Oral Remodulin Misses Goal
• XLF Options Active After Buffett’s Thumbs-up On BofA
• Forex – NZD/USD Up During The U.S. Session
• “Market Realizes…got Ahead Of Itself”
• Neutral On Kinross
• Gold Rush Over?
• UK-Swiss Tax Deal On Track
• America’s Apostophe Catastrophe: What’s Up With The Abuse Of That Puny Piece Of Punctuation?
• Aetna Trims Lobbying Costs In 2Q
• BofA Again Sued Over MBS
• Verizon Strike Raises Inital Jobless Claims
• European Markets Close Lower; Dax Down 1.71%
• Dollar Rebounds On Fed Speculation, Jobless Claims Rise
• This Labor Day We Need Protest Marches Rather Than Parades
• Momentum Stock: IAC-InteractiveCorp
• Meridian’s New Sales Model
• L-3 Bags Contract From Lockheed
• Forex Trading: EURUSD Back To Normal As Correction Extends Above “break’ Levels.
• Mid-session Confidence Crisis Ignites Bonds
• Guess? Beats; Profits Overseas
• XL Group Upgraded
• Forex Trading: GBPUSD Falls Below Key Support (38.2% And 100 Day MA) But Finds Trendline Support Close Behind.
• USD/JPY Breaks Range Resistance; Breakout Projection Targets 78.50-78.60
• Illinois Tool Issues $1B Notes
• Humana To Increase Head Count
• Jackson Hole Blues
• Markets In Everything: African Game Hunting In TX
• Forex Trading: USDJPY Stops Triggered Above The 77.21 Level
• Wall Street Reverses Gains At Open, BAC Rallies
• Forex – Dollar Broadly Higher As Bernanke Speech Eyed
• Crude Oil Rises To Trade Slightly Above $86
• Natural Gas Futures Turn Higher After U.S. Supply Data
• Forex – GBP/USD Extends Losses, Falling To 8-day Low
• Forex Trading: EURUSD Makes A Break To The Downside
• Germany DAX Stumbles, Taking The EUR With It..
• Forex – EUR/USD Hits 2-day Low As Fed Speech In Spotlight
• Gold Futures Ease Off 2-week Low Amid Fed Uncertainty
• Back And Forth Action In S&P500 In NY Morning Trading
• U.S. Dollar Sell-Off Continues Ahead Of Key Speeches By Bernanke, Trichet
• Steve Jobs Resigns From Apple & Jobless Claims Rise
• Strategic Natural Resources Raises New Cash To Fund Development Work At Elitheni

Big Lots Beats, Lifts Outlook Posted: 25 Aug 2011 11:35 AM PDT Big Lots Inc. (NYSE:BIG) recently posted better-than-expected second-quarter 2011 results. The quarterly earnings of 52 cents a share came ahead of the Zacks Consensus Estimate of 45 cents, and increased 8.3% from 48 cents earned in the prior-year quarter. However, on a reported basis, including one-time items, earnings came in at 50 cents a share. Management now expects fiscal 2011 earnings between $2.80 and $2.90 per share compared with its earlier guidance range of $2.75 and $2.90. Big Lots … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Goldman Sachs Sells Senior Notes Posted: 25 Aug 2011 11:35 AM PDT Yesterday, The Goldman Sachs Group Inc. (NYSE:GS) announced the sale of its 15-year senior unsecured notes with a maturity value of $10 million. These notes have their maturity date on September 1, 2026 and Goldman will start the settlement from September 1, 2011. The coupon rate is 6.05% for the notes. Last month, Goldman sold 15-year senior unsecured notes with a maturity value of $10 million. These notes have their maturity date on August 10, 2026 and its coupon rate is 5.8%. Last week, Goldman … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Danaher Reaffimed At Neutral Posted: 25 Aug 2011 11:35 AM PDT We are reaffirming our Neutral recommendation on Danaher Corporation (NYSE:DHR). In the most recent quarter, core revenue growth was broad-based across all segments with Test & Measurement up 24.3%, Environment up 5.0%, Life Sciences & Diagnostics up 30.5% and Dental up 17.8%. During the quarter, the company completed three acquisitions with the most recent being that of Beckman Coulter. The company is optimistic about its potential to drive organic growth and margin expansion, driven by … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

American Axle To Shut NY Plant Posted: 25 Aug 2011 11:35 AM PDT American Axle and Manufacturing Inc. (NYSE:AXL) announced that it would shut down its Cheektowaga plant in New York as its negotiation with union members regarding the ratification of a new contract failed last month. The company revealed that the union workers rejected the proposal of a 33% cut in pay and benefits. The plant, which manufactures gears, employs about 90 hourly and salaried workers. It will be closed on or after February 26, 2012. However, the company will continue to abide … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Highwoods Maintains Neutral Rec Posted: 25 Aug 2011 11:35 AM PDT We maintain our Neutral rating on Highwoods Properties Inc. (HIW), a real estate investment trust (REIT), as we anticipate  the company to perform in line with the broader market. The company reported second quarter 2011 FFO (funds from operations) of $45.8 million or 60 cents per share compared with $48.7 million or 64 cents per share in the year-earlier quarter. Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

American Tower Remains Neutral Posted: 25 Aug 2011 11:35 AM PDT American Tower Corp. (NYSE:AMT) continues to perform exceptionally well supported by the rise in demand for wireless broadband data services coupled with the company's global expansion strategy. Substantial demand for tower space to facilitate high-speed wireless data and on-demand video services, together with super-fast 3G/4G technologies, becomes a major boon for wireless tower operators. We believe massive demand for wireless data and video throughout the world will boost American Tower's … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Conoco Caught In Oil Spill Storm Posted: 25 Aug 2011 11:35 AM PDT ConocoPhillips China, a local unit of Houston-based energy giant ConocoPhillips (NYSE:COP), is on the verge of being sued by China's maritime authority relating to an oil spill in China's northern Bohai Bay. The State Oceanic Administration, which is to file the lawsuit on behalf of the government, has reported about the oil spill at the Penglai 19-3 oilfield. The enormous spill was first noticed in June, near Platform B and C. Additionally, nine residual leaks of about 2 liters per day were … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down In U.S. Trade Posted: 25 Aug 2011 11:15 AM PDT Forexpros – The Australian Dollar was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> AUD/USD was trading at 1.0434, down 0.38% at time of writing.<br/><br/> The pair was likely to find support at 1.0363, Monday&rsquo;s low, and resistance at 1.0535, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CA Teams With HyTrust Posted: 25 Aug 2011 11:05 AM PDT Computing major CA Technologies (NASDAQ:CA) recently collaborated with a leading policy management and access control company HyTrust Inc. for further improving security and compliance for customers leveraging virtualized systems and cloud infrastructures. This collaboration creates a win-win situation for the company, as HyTrust Appliance complements CA Access Control by controlling various aspects of a virtual infrastructure such as unified access control, policy enforcement and audit-quality … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Prologis Divests Industrial Assets Posted: 25 Aug 2011 11:05 AM PDT Prologis Inc. (NYSE:PLD) – the erstwhile AMB Property Corp., has recently sold a portfolio of 13 industrial properties across the U.S. as part of its strategy to divest non-core assets. The properties were sold to Clarion Partners, a leading U.S.-based real estate investment manager, for approximately $118 million. Spanning 2.8 million square feet, the portfolio includes distribution properties that range from 100,000 square feet to 368,000 square feet of industrial space. The properties are … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Caterpillar Expands In China Posted: 25 Aug 2011 11:05 AM PDT The world’s largest construction and mining machinery maker Caterpillar Inc. (NYSE:CAT) announced that it will build a proving ground and a large wheel loader manufacturing facility in the city in Tongzhou, Jiangsu province. The proving ground is an expansion of Caterpillar’s research and development efforts in China and will help develop machinery for Caterpillar in China and the Asia-Pacific region. The large wheel loader manufacturing facility will produce a new model for wheel loaders being … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Statoil: 3rd Find In Gulfaks South Posted: 25 Aug 2011 11:05 AM PDT Statoil ASA (NYSE:STO) has made another trivial hydrocarbon discovery, making it the third one near the prospective Gullfaks South area in the North Sea, following the earlier Rutil and Opal finds. The Norwegian oil and gas company completed exploration wells – 34/10-52 A and B – in its production license 50 in the neighborhood of its Gullfaks South field in the North Sea off Norway. Semi-submersible Deepsea Atlantic drilled the wells that were proposed to prove oil in Middle Jurassic … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CSC And Government Bury Hatchet Posted: 25 Aug 2011 11:05 AM PDT Virginia-based Computer Sciences Corp. (NYSE:CSC) announced that it has reached a settlement with the federal government on a contract dispute. The case filed by Computer Sciences was pending with the Armed Services Board of Contract Appeals since November 2010. At that time, the government and Computer Sciences agreed to put their claims on hold and enter non-binding discussions to resolve the claims and other issues related to the contract. Under the terms of the settlement, Computer Sciences … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Megacheap Megacaps Posted: 25 Aug 2011 11:05 AM PDT Normally, to find super-cheap stocks you have to look around the fringes of the market to small, obscure, overlooked companies. Not so today, when many of the giants are on the deep discount rack. All of the companies shown below have market capitalizations of more than $50 billion. As for being cheap, when I compiled my list, I made sure they were cheap on many different dimensions of value. I required that they have single-digit P/Es based on both this year's earnings and next year's. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

UTHR’s Oral Remodulin Misses Goal Posted: 25 Aug 2011 11:05 AM PDT United Therapeutics Corporation (NASDAQ:UTHR) received a major setback with a late stage study (FREEDOM-C2) of its pipeline candidate oral treprostinilnot meeting the primary endpoint, sending its share price down. FREEDOM-C2 was combination therapy study, which was examining oral treprostinil in combination with PDE-5 inhibitors or endothelin receptor agonists. It was a 16 week randomized double-blind, placebo-controlled trial in 310 patients with PAH, a life threatening illness. Preliminary data … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

XLF Options Active After Buffett’s Thumbs-up On BofA Posted: 25 Aug 2011 10:50 AM PDT XLF options active after Buffett's thumbs-up on BofA Today's tickers: XLF, LIZ, MRK & PSS (XLF) – Financial Select Sector SPDR ETF – The financials ETF popped Thursday morning on news Warren Buffet's Berkshire Hathaway bought $5 billion worth of cumulative perpetual preferred stock in beleaguered U.S. lender, Bank of America Corp. The XLF's morning rally gave way to losses in early-afternoon trade as heavy selling in Germany and soaring yields on Euro-area sovereign debt … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Up During The U.S. Session Posted: 25 Aug 2011 10:45 AM PDT Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> NZD/USD was trading at 0.8303, up 0.23% at time of writing.<br/><br/> The pair was likely to find support at 0.8163, Monday&rsquo;s low, and resistance at 0.8368, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

“Market Realizes…got Ahead Of Itself” Posted: 25 Aug 2011 10:30 AM PDT 08/25/11 ICAP’s Kenneth Polcari discusses expectations for Friday’s session ahead of Bernanke’s speech and US GDP … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Neutral On Kinross Posted: 25 Aug 2011 10:20 AM PDT We maintain our Neutral recommendation on Kinross Gold Corporation (NYSE:KGC), primarily involved in the exploration and operation of gold mines. Kinross reported record adjusted earnings per share of $0.20 for the second quarter of 2011, outpacing the Zacks Consensus Estimate of $0.16. Strong performances at all operations, notably Kupol, Maricunga, and Fort Knox, amid continuing strong gold prices drove the result. The company has cleared its hedge book and stands fully leveraged to spot gold … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Rush Over? Posted: 25 Aug 2011 10:17 AM PDT Thursday, August 25, 2011 The relatively benign economic data over the past week appears to have put an end to the doomsday mentality for equity traders, at least for now. Gold still has extremely strong fundamentals and will continue to have a positive outlook as long as the printing presses in Washington and elsewhere keep printing currency. For now, however, Gold may be coming down to levels that are much more attractive for long-term buyers. Where exactly that is remains to be seen. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

UK-Swiss Tax Deal On Track Posted: 25 Aug 2011 10:15 AM PDT The U.K. and Switzerland have reached an agreement related to tax evasion by the U.K. citizens through undeclared Swiss accounts. The deal, which is similar to that reached between Switzerland and Germany, needs to be signed by both the governments and will expectedly take effect in 2013. The deal could result in U.K. receiving over 5 billion pounds ($8 billion) from the one-off levy. Deal Details According to the deal terms, Swiss banks' account holders who are U.K. residents can … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

America’s Apostophe Catastrophe: What’s Up With The Abuse Of That Puny Piece Of Punctuation? Posted: 25 Aug 2011 10:11 AM PDT SHINE — “The person who writes copy for Old Navy t-shirts has a pretty easy job. No puns, no of-the-moment cultural references, just a word about sports or summer, followed by a couple of exclamation points. It’s hard to screw it up. But screw it up, someone did indeed.  Hundreds of thousands of shirts from the retailer’s new college football line have been shipped to stores with the phrase “Let’s Go”, sans apostrophe (see photo above). Major grammar fail.  I can’t say I … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aetna Trims Lobbying Costs In 2Q Posted: 25 Aug 2011 10:05 AM PDT In an effort to reshape legislation in its favor, Hartford-based health insurer Aetna Inc. (AET) lobbied the federal government on health care reform and spent $902,452 in advocacy costs during the second quarter of 2011. Aetna's lobbying expenses in the reported quarter was down 42% year over year and 17% sequentially. Aetna has been lobbying hard since the passage of the Health Care Reform. The company was apprehensive of certain provisions related to the health care overhaul, such as … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BofA Again Sued Over MBS Posted: 25 Aug 2011 10:05 AM PDT Bank of America Corporation (NYSE:BAC) has yet again been sued by Western and Southern Life Insurance Co. for $63 million losses incurred by the latter owing to BofA's alleged role in misrepresenting mortgage-backed securities (MBS) that it sold to the insurer. Earlier in April, Western and Southern Life had sued BofA and claimed $225 million on MBS, which were sold to the insurer by Countrywide Financial Corp. BofA had acquired Countrywide Financial in 2008. Western and Southern Life is an … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Verizon Strike Raises Inital Jobless Claims Posted: 25 Aug 2011 10:05 AM PDT Initial Claims for Unemployment Insurance rose by 5,000 last week to 417,000. This was worse than the expected level of 400,000. Worse, last week's numbers were revised upwards by 4,000, so one could see it as a increase of 9,000. Recently, initial jobless claims seem stuck once again in a trading range above the 400,000 level, after a brief period lower than that earlier this year. The drop two weeks ago below 400,000 level was very good news after 17th straight weeks above it. Alas, that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Markets Close Lower; Dax Down 1.71% Posted: 25 Aug 2011 10:05 AM PDT Forexpros – European stocks were down after the closing bell on Thursday.<br/><br/> At the close of European trade, Germany&rsquo;s DAX fell 1.71%, London&rsquo;s FTSE 100 shed 1.44%, France&rsquo;s CAC 40 declined 0.65% and the EURO STOXX 50 was down 0.98%.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 417K last week from 412K in the preceding week whose figure was revised up … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dollar Rebounds On Fed Speculation, Jobless Claims Rise Posted: 25 Aug 2011 05:00 AM PDT 08/25/11 The US dollar rebounded this afternoon against the euro on risk aversion as investors await tomorrow’s address by Fed Chairman … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

This Labor Day We Need Protest Marches Rather Than Parades Posted: 25 Aug 2011 09:52 AM PDT Labor Day is traditionally a time for picnics and parades. But this year is no picnic for American workers, and a protest march would be more appropriate than a parade. Not only are 25 million unemployed or underemployed, but American companies continue to cut wages and benefits. The median wage is still dropping, adjusted for inflation. High unemployment has given employers extra bargaining leverage to wring out wage concessions. All told, it's been the worst decade for American workers in a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: IAC-InteractiveCorp Posted: 25 Aug 2011 09:35 AM PDT IAC/InteractiveCorp (NASDAQ:IACI) is seeing big gains in 2011, recently spiking into a new multi-year high after reporting strong Q2 results that included an 81% earnings surprise. With estimates on the rise and bullish growth projection, this Zacks #1 Rank stock just ended your search for momentum. Company Description IAC/InterActiveCorp operates in the Internet business in the United States and Internationally through four segments; Search, Match, ServiceMagic and Media/Other. The company was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Meridian’s New Sales Model Posted: 25 Aug 2011 09:35 AM PDT Diagnostic test kits maker Meridian Bioscience (NASDAQ:VIVO) has established a new direct distribution network in Australia through its fully-owned subsidiary Bioline Australia. Under the new arrangement, the company's diagnostic products will be sold in that country through its direct sales force. Meridian noted that it is switching the sales model for these products from distributors-based to direct sales through Bioline Australia.      Bioline Australia is a leading … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

L-3 Bags Contract From Lockheed Posted: 25 Aug 2011 09:35 AM PDT L-3 Communications Holdings Inc.'s (NYSE:LLL) Display Systems unit has received a competitively-awarded firm-fixed price contract from Lockheed Martin Corporation (NYSE:LMT). Per the contract, the company will develop a new 5-x-5-inch color Active Matrix Liquid Crystal Display ("AMLCD") assembly for AH-64D Apache helicopter. The value of the contract was not disclosed. The new color AMLCD assembly developed by L-3 Communications will replace the currently used monochromatic display unit. It has … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Back To Normal As Correction Extends Above “break’ Levels. Posted: 25 Aug 2011 09:17 AM PDT The EURUSD extended the range for the week – falling to a new low fo the 1.4327.  Since the fall the price has rebounded and has moved back above "reasons" to sell. Specifically, the price moved back above the week low at 1.4346, it moved above the 38.2% of the move up from the August 11th low at 1.4358.  The price has moved above the trendline from the August 11th low (see chart above) at 1.4371. THe correction has peaked so fat at 1.4381.  Traders will be eyeing the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Mid-session Confidence Crisis Ignites Bonds Posted: 25 Aug 2011 09:14 AM PDT Treasuries staged a rebound after three daily losses and despite a positive impact on sentiment at least in the equity market after Bank of America welcomed Warren Buffett on board as a preferred shareholder. Dealers had been marking bonds lower ahead of the Jackson Hole speech from Bernanke on Friday as consensus views conclude that there will be no additional stimulus from the Fed at this meeting. On reflection, yields are lower than one year ago at the time of the last symposium, while … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Guess? Beats; Profits Overseas Posted: 25 Aug 2011 09:05 AM PDT Guess? Inc.'s (GES) second quarter 2012 adjusted EPS surpassed the Zacks estimate by 3 pennies and stood at 84 cents. It also exceeded the year-ago estimate of 72 cents by 16.7%. Reported EPS came down year over year by 9.72% to 65 cents from 72 cents in the previous year. Management credited the booming international business with consistent ly good performance in Europe and Asia for strong results in the quarter. The Way Forward Guess? inspires confidence owing to the continuing strong … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

XL Group Upgraded Posted: 25 Aug 2011 09:05 AM PDT We are upgrading XL Group (NYSE:XL) to Neutral from Underperform based on the strength of its second quarter results. The quarter benefited from select new business growth coupled with an increase in income from operating affiliates and positive prior year loss development. However, larger natural catastrophe losses and other large individual losses somewhat dwarfed the positives. XL Group reported second-quarter operating profit of 75 cents per share, surpassing the Zacks Consensus Estimate 48 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: GBPUSD Falls Below Key Support (38.2% And 100 Day MA) But Finds Trendline Support Close Behind. Posted: 25 Aug 2011 08:37 AM PDT The GBPUSD has broken below key support at the 1.6290-95 level. The problem is, the price has found support at the 1.6263 level where the trendline is found from the July low.  So with the sharp move lower over the last few days, traders seem to be happy to slow the decline down against support … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Breaks Range Resistance; Breakout Projection Targets 78.50-78.60 Posted: 25 Aug 2011 08:36 AM PDT Prev: USD Crosses Continue Directionless Trading Ahead of Jackson Hole Symposium (8/24) USD/JPY The 77.22 level was range resistance for most of August. We are finally breaking above that today. The range breakout projection is to 78.50. However, we are in the midst of a risk event that should last through Friday. Bullish candlesticks in the 4H chart toward the right of the chart have been strong, and do suggest some correction to the upside. However, if there is a pullback, we should … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Illinois Tool Issues $1B Notes Posted: 25 Aug 2011 08:35 AM PDT Illinois Tool Works Inc. (NYSE:ITW) recently issued notes in two-parts, with an offering of roughly $350 million in the first part and about $650 million notes in the second. Notes offered in the first part carries a coupon rate of 3.375% and were issued at $99.552; the date of maturity being September 15, 2021, while the second part offering was made at a $99.539 issue price and the notes offered carried coupon rates of 4.875% with the maturity date being September 15, 2041.  The interest … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Humana To Increase Head Count Posted: 25 Aug 2011 08:35 AM PDT On Monday, Humana Inc. (NYSE:HUM) announced its plan to employ 300 new registered nurses, social workers and community health educators in its Humana Cares division by the end of this fall. Out of the 300 new additions, 250 will be hired at the company's national care center in St. Petersburg. The expansion is necessitated by the increased membership in Humana's national chronic care management programs like complex care management program and special needs plan, apart from the rising count of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Jackson Hole Blues Posted: 25 Aug 2011 08:25 AM PDT My, how times have changed. All financial ears are eagerly or anxiously awaiting Chairman Bernanke's opening remarks at the Kansas City Fed's symposium in Jackson Hole, Wyoming. TV cameras, which used to be prohibited, will be on hand for reporting those remarks and getting the "take" on them from the numerous heavyweights in attendance. Parsing will be carried to new levels. It wasn't always thus. Before I became Dallas Fed president in February 1991, I was only vaguely aware of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Markets In Everything: African Game Hunting In TX Posted: 25 Aug 2011 08:24 AM PDT Texas Exotic Hunting, with price list ($5,500 for a zebra).  HT: … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USDJPY Stops Triggered Above The 77.21 Level Posted: 25 Aug 2011 08:10 AM PDT The move higher in the dollar has sent the USDJPY through resistance at the 77.21 triggering stops.  The 77.21 level was the high going back to August 11th. The move higher today tested that level – actually reaching a high at the 77.26 level.  The price retreated back below the 77.21 level before moving back higher in the recent dollar move to the upside.  The next target is the 77.57 level which is the 38.2% of the move down from the August 3rd high to the low reached  … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Wall Street Reverses Gains At Open, BAC Rallies Posted: 25 Aug 2011 08:10 AM PDT 08/25/11 The major stock averages turned lower in morning trade. BAC rallied after Berkshire Hathaway announced it will invest $5 billion in the financial … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Broadly Higher As Bernanke Speech Eyed Posted: 25 Aug 2011 08:01 AM PDT Forexpros – The U.S. dollar strengthened against its major counterparts on Thursday, amid expectations that Federal Reserve Chairman Ben Bernanke would not lay out plans for fresh economic stimulus measures in a speech on Friday.<br /><br />During U.S. morning trade, the greenback erased losses against the euro, with EUR/USD shedding 0.50% to hit 1.4339.<br /><br />Earlier Thursday, a report showed that the Gfk German consumer climate index for September dipped to 5.2 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Rises To Trade Slightly Above $86 Posted: 25 Aug 2011 08:00 AM PDT 08/25/11 Front month crude prices continued to rise this afternoon on a US equity drop and continued Libyan … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Futures Turn Higher After U.S. Supply Data Posted: 25 Aug 2011 07:56 AM PDT Forexpros – Natural gas futures erased losses on Thursday, rebounding from a three-day low after a report from the U.S. Energy Information Administration showed that natural gas inventories rose less-than-expected last week. <br /><br />On the New York Mercantile Exchange, natural gas futures for September delivery traded at USD3.941 per million British thermal units during U.S. morning trade, jumping 1.42%.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Extends Losses, Falling To 8-day Low Posted: 25 Aug 2011 07:50 AM PDT Forexpros – The pound extended losses against the U.S. dollar on Thursday, falling to an eight-day low amid growing uncertainty over the prospect of fresh stimulus plans by the Federal Reserve ahead of a speech by the central bank&rsquo;s head on Friday.<br /><br />GBP/USD hit 1.6296 during U.S. morning trade, the pair&rsquo;s lowest since August 15; the pair subsequently consolidated at 1.6294, shedding 0.47%.<br /><br />Cable was likely to find support at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Makes A Break To The Downside Posted: 25 Aug 2011 07:49 AM PDT The EURUSD has taken an early break to the downside on the back of German concerns, and Greek concerns (not requesting new loan program).  The price is now down testing the low for the week at the 1.4346 level.  The range for the week has been a narrow 153 pips which is very narrow.  The expectation would be for an extension of that range before the end of the week (if not the next hour). The topside resistance now comes in at the 1.4372 level where the trendline was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Germany DAX Stumbles, Taking The EUR With It.. Posted: 25 Aug 2011 07:45 AM PDT Risk sentiment has soured as Germany' stock market index took a sharp plunge in today's session, down 2.78% as of 10:40AM ET. The catalyst was concern over a Germany short-selling ban, and also rumors that Germany may be downgraded. This is of course what we saw with France a few weeks ago. The decline here sparked a sell-off of higher yielding currencies and the EUR, and has put pressure on US equities as well. All 3 rating agencies affirmed Germany's credit rating according to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Hits 2-day Low As Fed Speech In Spotlight Posted: 25 Aug 2011 07:32 AM PDT Forexpros – The euro erased gains against the U.S. dollar on Thursday, falling to a two-day low amid concerns that a speech by U.S. Federal Reserve Chairman Ben Bernanke on Friday would not outline any fresh stimulus measures for the U.S. economy.<br /><br />EUR/USD hit 1.4357 during U.S. morning trade, the pair&rsquo;s lowest since Tuesday; the pair subsequently consolidated at 1.4363, shedding 0.34%.<br /><br />The pair was likely to find support at 1.4270, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures Ease Off 2-week Low Amid Fed Uncertainty Posted: 25 Aug 2011 07:30 AM PDT Forexpros – Gold futures eased off a two-week low on Thursday, paring sharp losses suffered after the CME Group raised margins on gold contracts by the most in over two years and amid uncertainty ahead of a speech by Federal Reserve Chairman Ben Bernanke on Friday.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,741.65 a troy ounce during U.S. morning trade, falling … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Back And Forth Action In S&P500 In NY Morning Trading Posted: 25 Aug 2011 07:19 AM PDT We had quite a swing in equity markets and in currencies at the NY open, as weaker jobless claims data – that firings increased during the previous week – pressured higher yielders as S&P500 futures looked set to dip, but then news that billionare investor Warren Buffet would buy 50,000 shares in Bank of America helped to spark a rally in risk. That benefited the higher yielding batch of currencies at the expense of the USD. After the knee-jerk reaction to the Berkshire/BofA news, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Dollar Sell-Off Continues Ahead Of Key Speeches By Bernanke, Trichet Posted: 25 Aug 2011 07:10 AM PDT Fundamental Headlines • Bernanke May Forgo Easing as Data Point Higher – Bloomberg • Gold Extends Biggest Slump in 18 Months – Bloomberg • U.S. Budget Watchdog Cuts Debt Forecast – Financial Times • Contours of Obama Jobs Package Coming into Focus – Reuters • Jobless Claims Rise – WSJ European Session Summary The Japanese Yen, Swiss Franc and U.S. Dollar were the three weakest currencies in the overnight session as the market continued to price in what looks to be a third … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Steve Jobs Resigns From Apple & Jobless Claims Rise Posted: 25 Aug 2011 01:15 AM PDT 08/25/11 NYFP’s Morning Market Brief: Steve Jobs resigns from Apple Inc., US initial jobless claims rise & Citigrup and UBS cut 2012 GDP growth … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Strategic Natural Resources Raises New Cash To Fund Development Work At Elitheni Posted: 25 Aug 2011 02:11 AM PDT Strategic Natural Resources (LON:SNRP), the AIM listed mining company behind the development of the Elitheni coal project in South Africa, has raised £1.9 million in a placing of 10 million shares priced at 19p each. The shares were all subscribed for by Cooch 1095, Strategic's largest shareholder and the company nominated by its Black Economic Empowerment Partner, Rapitrade. The placing will be completed in two tranches over the next two weeks and comes at a premium of 38 percent over … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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