Thursday, August 4, 2011

DailyMarkets.com - Car Insurance Quotes – 6 Tips To Get Cheap Rates

DailyMarkets.com - Car Insurance Quotes – 6 Tips To Get Cheap Rates

Car Insurance Quotes – 6 Tips To Get Cheap Rates

Posted: 04 Aug 2011 06:50 AM PDT

Want the best car insurance quotes? My advice to you is not to accept an automatic renewal auto insurance quote from your existing car insurance company. Forget about insurer loyalty, because it means nothing to them, and it doesn’t save you anything. Right now, most major auto insurers in the U.S. are offering attractive discounts in an effort to chase new customers.

To help you save more money in this tough economic climate, here are 6 tips on how you can get cheap car insurance for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Jobless Claims & Europe

Posted: 04 Aug 2011 06:35 AM PDT

The economy remains in the spotlight as the news flow of the last few days has painted a less than flattering picture of the recovery. We now know that the manufacturing and service sectors lost ground as they entered the third quarter. We will have the full picture of the economy in July after Friday’s non-farm payroll report. This morning’s weekly Jobless Claims report gives us a flavor of what is going on in the labor market.

The market will also be digesting developments in Europe, where … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

UCB Posts Improved EPS, Revs

Posted: 04 Aug 2011 06:35 AM PDT

UCB (UCBJF) posted first-half fiscal 2011 adjusted earnings of $2.02 per share, reflecting an increase of 29.8% from the year-ago earnings. Higher revenues and increased gross profit helped boost earnings.
Revenues
Half-yearly revenues increased 7.7% to $2,355.3 million, driven by strong sales of Cimzia, Vimpat, Neupro and Keppra.
While Cimzia (Crohn's disease and rheumatoid arthritis) sales went up 72% in the first half of 2011, Vimpat (epilepsy) sales increased 76%. Neupro, which is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Market News Briefs: Comcast, Credit Suisse Group, Global Traffic Network, Leap Wireless International, Mastercard Incorporated, Marsh & McLennan Companies, Marathon Oil, MetroPCS Communications, Quanta Services, Spectra Energy Corp, Time Warner

Posted: 04 Aug 2011 06:35 AM PDT

    Spectra Energy (NYSE:SE) posted Q2 EPS of $0.42, above the Zacks Consensus Estimate of $0.40 per share. Revenues for the quarter rose 11.8% year-over-year to $1.19 billion, lower than the Zacks Consensus Estimate of $1.204 billion

    Comcast (NASDAQ:CMCSA) reported Q2 EPS of $0.42, ex-items, marginally higher than the Zacks Consensus Estimate of $0.41 per share. Revenues for the quarter rose 51% year-over-year to $14.3 billion, beating consensus estimates of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Activision Beats, Raises Outlook

Posted: 04 Aug 2011 06:35 AM PDT

Activision Blizzard Inc.'s (NASDAQ:ATVI) robust fiscal second quarter 2011 results surpassed the Zacks Consensus Estimate on both the top and bottom lines. Activision earned 9 cents per share (including stock based compensation but excluding one time items), well ahead of the Zacks Consensus Estimate of 4 cents and management's guidance of 4 cents. Reported earnings jumped 125.0% from the year-ago quarter.
The quarterly results were driven by the online integration of its products and digital … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Central Garden Reports Weak 3Q

Posted: 04 Aug 2011 06:35 AM PDT

Central Garden & Pet Company (NASDAQ:CENT) reported depressive third-quarter 2011 results driven by Incremental input costs, adverse weather conditions, altered product mix along with the company's sustained investments in brand building and marketing.
The company's quarterly earnings of 31 cents a share came well below the Zacks Consensus Estimate of 47 cents and dropped 22.5% from the prior-year quarter's earnings of 40 cents a share.
As per Central Garden & Pet, total revenue for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Japanese Yen: Choppy

Posted: 04 Aug 2011 06:20 AM PDT

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

Swiss Franc: The Downside Prevails

Posted: 04 Aug 2011 06:20 AM PDT

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

British Pound: Under Pressure

Posted: 04 Aug 2011 06:19 AM PDT

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

Euro: The Downside Prevails

Posted: 04 Aug 2011 06:19 AM PDT

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

EUR/USD Bulls Defend Against Initial Bearish Reaction To Trichet’s Mention Of Stimulus

Posted: 04 Aug 2011 06:13 AM PDT

Prev: EUR/USD's Corrective Structure is Running into an Extended Divergence with Momentum (8/2)
EUR/USD

Can Bulls Hold the Line at 1.42?
- The EUR/USD was strong in the previous US session, and then turned weak again over the Asian/European session.
- In Trichet's press conference he held his language on interest rate hike projection, but did mention monetary stimulus. Basically this is a signal for more money supply and therefore a weaker Euro.
- The initial reaction was a sharp slide in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Tetra Tech Excels In 3Q

Posted: 04 Aug 2011 06:05 AM PDT

Tetra Tech Inc. (NASDAQ:TTEK) reported its third-quarter fiscal 2011 earnings per share of 38 cents, above the Zacks Consensus Estimate of 35 cents and the prior-year earnings of 33 cents.
The company witnessed a strong demand for its water, mining, and energy services, which led to an increase in revenue and earnings, above the company's expectation.
Total Revenue
Total revenue in the quarter was $673.8 million, an increase of 19.8% year over year. Revenue, net of subcontractor costs, was $480.5 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Trichet Pushes Off Rate Hike Till At Least October, ECB To Provide Long-Term Loans In Liquidity Operation

Posted: 04 Aug 2011 05:57 AM PDT

Trichet joined the Swiss National Bank and the Bank of Japan of pumping more money into the banking system, by providing 6-month loans in a newly announced liquidity operation. That is an admission that monetary policy needs to help stimulate an economy that has started to see a "deceleration in the pace of economic growth".

The ECB is re-instituting allotting long-term funding to the banking system at unlimited amounts, and that is a loosening of monetary policy and has caused … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Futures Maintain Losses After Jobless Data; Dow Down 1.1%

Posted: 04 Aug 2011 05:43 AM PDT

Forexpros – U.S. stock futures pointed to a broadly lower open on Thursday, as better-than-expected data on first time jobless claims and a number of upbeat earnings results failed to ease concerns over the U.S. economic outlook. <br /><br />Ahead of the open, the Dow Jones Industrial Average futures pointed to a loss of 1.1%, the S&amp;P 500 futures sank 1.1%, while the Nasdaq 100 futures fell 1.2%.&nbsp; <br /><br />Stock futures were unchanged after official … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF May Be Completing An ABC Correction

Posted: 04 Aug 2011 05:41 AM PDT

Prev: Fibonacci Expansion Targets for the Fearless USD/CHF Bears (8/2)
USD/CHF

ABC Correction:
- After taking actions against the appreciating Swissie, we saw a rally in the USD/CHF.
- Today, a day later, we see this rally completing an ABC correction. The market is holding this rally below 0.78.
- The wave equality projection goes to about 0.7813. If we have another near-term rally above 0.78 and is capped near 0.7815, we would be complete with a Gartley. In Elliott Wave terms, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Initial Jobless Claims Fall Unexpectedly

Posted: 04 Aug 2011 05:37 AM PDT

Forexpros – The number of people who filed for unemployment assistance in the U.S. last week fell unexpectedly, official data showed on Thursday. <br /><br />In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending July 29 fell by 1,000 to a seasonally adjusted 400,000, confounding expectations for an increase to 406,000.<br /><br />The previous week&rsquo;s figure was revised up to 401,000 from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Monsanto Raises Dividend

Posted: 04 Aug 2011 05:35 AM PDT

Monsanto Company (NYSE:MON) declared an increase in the quarterly dividend from 28 cents per share to 30 cents per share of its common shares.
This is a part of the company’s continuing commitment to return value to shareholders and relate to the company’s fourth quarter of fiscal 2011. The dividend is payable on October 28, 2011 to shareowners of record as of October 7, 2011.
Moreover, Monsanto recently announced the appointment of Jon R. Moeller, the current CFO for Procter & Gamble Company … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Leap Incurs Mounting Losses In 2Q

Posted: 04 Aug 2011 05:30 AM PDT

Yesterday after market close, Leap Wireless International Inc. (NASDAQ:LEAP) declared disappointing financial results for the second quarter of 2011, which fell below the Zacks Consensus Estimates. Consequently, in the after market trade in NASDAQ, stock price of Leap Wireless went down 59 cents (5.9%) to $9.45.  
For the last couple of quarters, the company is restructuring its business models through which it is giving maximum emphasis on high ARPU (average revenue per user) generating … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Agrium Reports Record 2Q

Posted: 04 Aug 2011 05:30 AM PDT

Agrium Inc. (NYSE:AGU) reported record net earnings of $718 million or $4.54 per share in the second quarter of 2011, surpassing the Zacks Consensus Estimates of $4.21 per share. It also exceeded the prior-year net earnings of $518.0 million or $3.28 per share. Excluding one-time charges, Agrium recorded net earnings of $728 million or $4.60 per share in the second quarter of 2011.
The second-quarter results include a pre-tax share-based payment expense of $10 million or 4 cents diluted earnings … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Stays Higher After Japan Move On Strong Yen

Posted: 04 Aug 2011 05:15 AM PDT

Forexpros – The U.S. dollar remained higher against all of its major counterparts on Thursday, after Japan intervened in the currency to quash the strength of the yen and support the country&rsquo;s export-led economy.<br /><br />During European afternoon trade, the greenback was higher against the euro, with EUR/USD falling 0.68% to hit 1.4227.<br /><br />The European Central Bank said it was maintaining the benchmark interest rate at 1.50% earlier, in a widely … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Very Disturbing UPDATE: Student Loan Bubble And Seeking Arrangements

Posted: 04 Aug 2011 05:11 AM PDT

I have a soft spot for those within our society whom I believe are preyed upon and ultimately victimized by the perils and pitfalls of modern day finance.
I fully appreciate that people need to be held responsible for their personal behaviors and decisions, but we need to acknowledge that the tangled financial web that our nation has woven has placed many members of our society in untenable positions.
The story I address today is perhaps one of the saddest I have encountered since launching … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Eases But Remains Broadly Lower After Japan Move

Posted: 04 Aug 2011 05:02 AM PDT

Forexpros – The euro eased off a daily low against the U.S. dollar on Thursday, but remained under pressure after Japan&rsquo;s earlier intervention in currency markets lent support to the dollar and as concerns over sovereign debt contagion in the euro zone simmered.<br /><br />EUR/USD pulled away from 1.4208, the daily low; to hit 1.4243 during European afternoon trade, still down 0.55% over the day.<br /><br />The pair was likely to find support at 1.4142, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Central Bank Keeps Interest Rate At 1.50%

Posted: 04 Aug 2011 04:47 AM PDT

Forexpros – The European Central Bank kept its benchmark interest rate unchanged for the second consecutive month in August, it announced on Thursday.<br /><br />The ECB said it was maintaining the benchmark interest rate at 1.50%, in a widely expected move, after raising rates in July.<br /><br />ECB president Jean-Claude Trichet was to comment on the decision at a press conference later in the day.<br /><br />Following the announcement, the euro was down … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Trims Losses While BoE Keeps Rates On Hold

Posted: 04 Aug 2011 04:33 AM PDT

Forexpros – The pound trimmed losses against the U.S. dollar on Thursday, as the effects of Japan&rsquo;s currency intervention began to wane, while the Bank of England left interest rates unchanged at record lows in a widely expected decision.<br /><br />GBP/USD pulled away from 1.6286, the daily low, to hit 1.6338 during European afternoon trade, still down 0.54% over the day.<br /><br />Cable was likely to find support at 1.6249, Wednesday&rsquo;s low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bank Of England Holds Benchmark Interest Rate At 0.50%

Posted: 04 Aug 2011 04:06 AM PDT

Forexpros – The Bank of England kept its benchmark interest rate unchanged for the 29th consecutive month in August, it announced on Thursday.<br /><br />The BoE said it was maintaining the benchmark interest rate at 0.50%, in a widely expected move.<br /><br />The bank also said it was to maintain the stock of asset purchases financed by the issuance of central bank reserves at GBP200 billion.<br /><br />The minutes of the meeting of the bank&rsquo;s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: GBP Interest Rate Stays Unchanged At 0.50%

Posted: 04 Aug 2011 04:00 AM PDT

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


Wheat Drops As Higher Russian Exports, Stronger Dollar Weigh

Posted: 04 Aug 2011 03:24 AM PDT

Forexpros – Wheat futures were down on Thursday, falling to a two-day low amid concerns that higher Russian wheat exports would reduce demand for U.S. supplies, while a broadly stronger U.S. dollar also weighed.<br /><br />Chicago Mercantile Exchange, wheat futures for September delivery traded at USD6.9762 a bushel during European morning trade, tumbling 1.69%. <br /><br />It earlier fell as much as 1.75% to trade at USD6.9712 a bushel, the lowest price since August … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Russian Central Bank Holds Interest Rate At 8.25%

Posted: 04 Aug 2011 03:23 AM PDT

The Central Bank of Russia held its benchmark refinancing rate unchanged at 8.25% and the overnight auction-based repurchase rate at 5.50%, while also leaving reserve requirements unchanged, and the fixed overnight deposit rate at 3.50%.  The Bank said: “The decision was supported by the assessment of inflation risks and risks to the sustainability of economic growth, including those associated with the uncertainty of the global economic conditions.” And also noted: … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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