DailyMarkets.com - Forex – EUR/USD Gains In Early Asian Trade

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• Forex – EUR/USD Gains In Early Asian Trade
• Hot Option Plays: The Big “R”
• Forex – EUR/USD Up During The Asian Session
• Forex – Dollar Mixed In Early Asian Trade
• United Continental Upgrading Aircrafts
• Forex – NZD/USD Down In Asian Trade
• The Day Ahead: US Data – New Home Sales, Richmond Fed Business Activity; Earnings – Heinz; China’s HSBC Flash Manufacturing PMI, ZEW Survey, Euro-zone Consumer Confidence
• EU Okays Thermo Fisher’s Phadia
• Fed Agencies Adopt VMware Solution
• President Approval: 43.5% Vs. 50.5% Disapproval
• Milestone For Accuray CyberKnife
• Earnings Preview: MICROS Systems
• CE Mark For MDT’s 31 Mm CoreValve
• Citigroup Reaffirmed At Neutral
• Jon Stewart: Media Pretend Ron Paul Doesn’t Exist
• ECB Adds 14.3 B To SMP, Total Buying Now 110.5 B
• Anadarko Finds Gas Off Mozambique
• IBM To Use Graphene In PCs
• United To Invest In Fleet Upgrade
• Bank Failures Crawl Up To 68
• Closing Bell Market Monitor: HPQ, LOW, BAC, KCI
• Forex – EUR/USD Down At The End Of U.S. Session
• Forex – USD/JPY Up Toward The End Of U.S. Session
• Halliburton’s Success In Argentina
• China Life Mulls Raising Debt
• Boeing 747-8 Ready To Fly
• Limited Brands Balances Risk-Reward
• Silicom’s Promising Growth Drivers
• Forex – EUR/USD Down Toward The End Of U.S. Session
• Hot Option Plays: Oil Spread Narrows
• U.S. Markets Close Higher; Dow Jones Up 0.34%
• Mylan Reaffirmed Neutral
• Neutral On Barrick
• Union Pacific Still In Neutral Zone
• Neutral View On Endo Pharma
• Forex – EUR/USD Down During The U.S. Session
• European Markets Mixed At Close; Dax Down 0.11%
• Forex Trading: USDJPY’s Spikes, Then Consolidation
• Some Get Married For Money. Others Get Married For A $400 Rent-Controlled Manhattan Apartment
• Caterpillar Expands, Creates Jobs
• Ann Taylor Posts Solid 2Q
• TPG Cap Finally Acqu Immucor
• Forex Trading: USDCHF Pushes Against The 100 Hour MA. EURUSD Stuck. GBPUSD Tests 100 Hour MA
• Weekly Charting Precious Metals Gold Silver And Platinum
• Tax Tip For Warren Buffett, And Wouldn’t His 2010 Taxable Income Be Only $100k To Pay 17.4% Rate?
• Markets In Everything: Orbiting Space Hotel
• Range-Bound Pivot Levels And Breakout Projections For USD/CHF, EUR/CHF, And GBP/CHF
• Why BMW Picked South Carolina: No Auto Culture

Forex – EUR/USD Gains In Early Asian Trade Posted: 22 Aug 2011 04:58 PM PDT Forexpros – <p style=”font: normal normal normal 12px/normal Helvetica; margin: 0px”><span style=”letter-spacing: 0px”>Forexpros – The euro moved higher against the U.S. dollar in Asian trade Tuesday,</span></p> <p style=”font: normal normal normal 12px/normal Helvetica; margin: 0px”><span style=”letter-spacing: 0px”>as Wall Street shares managed slight gains and investors look to the Federal Reserve for action to stimulate the U.S. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: The Big “R” Posted: 22 Aug 2011 04:18 PM PDT Cusick’s Corner Double Dip, the big “R” and recession were the talk of the day. I am now playing armchair economist, if GDP is revised down again or the data actually plays out in the future that we are in a recession, well it will be too late when that is confirmed, especially for the longs. This is like watching a car trying to beat a train across the tracks even though the crossing gates are flashing and coming down. This might be graphic but the reality is that Bonds continue on a tear … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 22 Aug 2011 04:10 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4360, up 0.01% at time of writing.<br/><br/> The pair was likely to find support at 1.4260, Friday&rsquo;s low, and resistance at 1.4518, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.06% to hit 0.8722 and EUR/JPY rising 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Mixed In Early Asian Trade Posted: 22 Aug 2011 04:06 PM PDT Forexpros – <p>Forexpros – The U.S. dollar was mixed against its major counterparts in Asian trade Tuesday, following a mild turnaround for Wall Street shares and hopes of a vow of action from the Federal Reserve to stimulate the faltering U.S. economy.</p> <p>In early Asian trade, the greenback was higher against the euro, with EUR/USD falling 0.01% to hit 1.4357.</p> <p>Financial issues played center stage in Monday trade on Wall Street, with JPMorgan Chase … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

United Continental Upgrading Aircrafts Posted: 22 Aug 2011 03:57 PM PDT 08/22/11 United Continental is investing $550 million in upgrades across its aircrafts. The airline will upgrade entertainment systems, and offer more space across all cabin … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Down In Asian Trade Posted: 22 Aug 2011 03:35 PM PDT Forexpros – The New Zealand Dollar was lower against the U.S. Dollar on Monday.<br/><br/> NZD/USD was trading at 0.8234, down 0.08% at time of writing.<br/><br/> The pair was likely to find support at 0.8163, Monday&rsquo;s low, and resistance at 0.8426, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was up against the Australian Dollar and down against the Euro, with AUD/NZD shedding 0.04% to hit 1.2627 and EUR/NZD rising 0.09% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Day Ahead: US Data – New Home Sales, Richmond Fed Business Activity; Earnings – Heinz; China’s HSBC Flash Manufacturing PMI, ZEW Survey, Euro-zone Consumer Confidence Posted: 22 Aug 2011 10:20 AM PDT 08/23/11 The stories, data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EU Okays Thermo Fisher’s Phadia Posted: 22 Aug 2011 03:00 PM PDT Thermo Fisher Scientific (NYSE:TMO) has received clearance from the European Commission regarding the proposed acquisition of Phadia Holdings. The Commission came to the conclusion that the transaction would not give way to monopoly as there are several players in the field of in vitro autoimmune diseases diagnostics. Earlier this month, Thermo Fisher decided to raise $2.1 billion to partly finance the acquisition of Phadia. The company issued notes in two installments – $1 billion of 2.25% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Fed Agencies Adopt VMware Solution Posted: 22 Aug 2011 03:00 PM PDT With the growing need for secure mobile and cloud computing solutions, several US Federal agencies have adopted VMware Inc.'s (NYSE:VMW) desktop virtualization and desktop management application VMware View. The Federal agencies face a daunting task, as their work entails operations across varied environments and devices. VMware View allows the federal IT department to manage desktops securely and access applications any time through a variety of devices ranging from PCs, or laptops provided by … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

President Approval: 43.5% Vs. 50.5% Disapproval Posted: 22 Aug 2011 02:36 PM PDT Consensus from Real Clear Politics. The -7% spread (43.5% approve – 50.5% disapprove) is the widest since November … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Milestone For Accuray CyberKnife Posted: 22 Aug 2011 02:35 PM PDT Leading radiosurgery systems maker Accuray Incorporated (NASDAQ:ARAY) recently reported that the Beth Israel Deaconess Medical Center ("BIDMC"), a teaching and research affiliate of Harvard Medical School, has treated its 2,000th patient with the company's popular CyberKnife radiosurgery system. This represents a major milestone for BIDMC, the first center in New England to use the CyberKnife system. BIDMC, in the recent past, has used CyberKnife to treat roughly 450 patients annually with a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: MICROS Systems Posted: 22 Aug 2011 02:35 PM PDT MICROS Systems Inc. (NASDAQ:MCRS) is scheduled to announce its fourth quarter and fiscal 2011 results on Thursday, August 25, 2011. The company has consistently exceeded expectations. On average, MICROS has beaten the Zacks Consensus Estimate by 12.61% in the last four quarters. Third-Quarter Recap    MICROS Systems posted third-quarter earnings per share (excluding one time charges but including the impact of charges for stock options) of 47 cents, compared with 37 cents in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CE Mark For MDT’s 31 Mm CoreValve Posted: 22 Aug 2011 02:35 PM PDT Leading medical devices player Medtronic (NYSE:MDT) has received CE Mark approval for its 31mm CoreValve system. The company's CoreValve portfolio currently has three types of valves: 26 mm, 29 mm and 31 mm. Following the recent approval, Medtronic will be able to treat a larger patient population suffering from severe aortic stenosis. Medtronic's CoreValve system takes a minimally invasive route to treat patients with symptomatic, severe aortic stenosis, who are at high risk or are ineligible … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Citigroup Reaffirmed At Neutral Posted: 22 Aug 2011 02:35 PM PDT We have reaffirmed our recommendation on Citigroup Inc. (NYSE:C) following a detailed analysis of its second quarter 2011 earnings results in light of the current economic environment. Citigroup's second quarter earnings per share of $1.09 outpaced the Zacks Consensus Estimate of 96 cents. Results also improved from the prior quarter's earnings of 99 cents and the year-ago figure of 90 cents. Better-than-expected results were driven by a fall in provisions for credit losses. While the top-line … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Jon Stewart: Media Pretend Ron Paul Doesn’t Exist Posted: 22 Aug 2011 02:19 PM PDT … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ECB Adds 14.3 B To SMP, Total Buying Now 110.5 B Posted: 22 Aug 2011 02:13 PM PDT The European Central Bank (ECB) spent a further 14.3 billion euros on bond purchases last week, down from 22 billion in the previous week, as part of the expanded SMP (Securities Market Program).  The purchases of the past two weeks eclipse the previous record of 16.5 billion euros that the ECB undertook when it began buying Greek government debt in May 2010.  The latest buying brings the total value of purchases under the program to 110.5 billion euros since the program … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Anadarko Finds Gas Off Mozambique Posted: 22 Aug 2011 02:06 PM PDT Anadarko Petroleum Corporation (NYSE:APC) has discovered more than 230 net feet (70 meters) of natural gas at its Barquentine-2 appraisal well, located in Mozambique’s Offshore Area 1 of the Rovuma Basin.  The well discovered natural gas in the high-quality Oligocene-age reservoirs. Located about 2 miles east-southeast of the Barquentine-1 discovery well, the Barquentine-2 appraisal well was drilled to a total depth of nearly 13,500 feet (4,100 meters) in water depths of about 5,400 feet … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

IBM To Use Graphene In PCs Posted: 22 Aug 2011 02:06 PM PDT Information technology giant International Business Machines Corp. (IBM) recently made a significant breakthrough in silicon replacement, when its researchers developed the first integrated circuit (IC) from wafer-size graphene. IBM intends to use graphene in semiconductors and computers, according to a latest report from Bloomberg. Graphene is a member of the class of two-dimensional materials discovered by Professor Andre Geim’s research group at the University of Manchester. Graphene is an … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

United To Invest In Fleet Upgrade Posted: 22 Aug 2011 02:06 PM PDT United Continental Holdings (UAL) recently announced that it will invest approximately $550 million in revamping its fleet. The carrier is looking forward to enhancing the storage capacity of the planes along with other infrastructural upgrades. United Continental plans to double the overhead storage space in over 150 aircraft and add flat-bed seating on approximately 62 long-haul planes. Other amenities will include streaming wireless video on its 747-400 aircraft. United Continental is also … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bank Failures Crawl Up To 68 Posted: 22 Aug 2011 02:06 PM PDT Bank failures continue with no end in sight. Last Friday, U.S. regulators closed down three more banks in Florida, Georgia and Illinois, taking the total number to 68 so far in 2011. Looking back, there were 157 bank failures in 2010, 140 in 2009 and 25 in 2008. While the financials of bigger banks have been stabilizing on the back of an economic recovery, many smaller banks are still struggling to survive. Nagging issues like rock-bottom home prices along with still-high loan defaults and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Closing Bell Market Monitor: HPQ, LOW, BAC, KCI Posted: 22 Aug 2011 02:00 PM PDT 08/22/11 The latest in news, commentary, and information on what’s moved the US equities markets just after the NYSE closing bell including a rally to start the week, record crude prices & QE3 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down At The End Of U.S. Session Posted: 22 Aug 2011 01:55 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4358, down 0.24% at time of writing.<br/><br/> The pair was likely to find support at 1.4260, Friday&rsquo;s low, and resistance at 1.4518, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.18% to hit 0.8726 and EUR/JPY rising 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Up Toward The End Of U.S. Session Posted: 22 Aug 2011 01:40 PM PDT Forexpros – The U.S. Dollar was higher against the Japanese Yen on Monday.<br/><br/> USD/JPY was trading at 76.77, up 0.29% at time of writing.<br/><br/> The pair was likely to find support at 75.97, Friday&rsquo;s low, and resistance at 77.19, today&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.23% to hit 1.4360 and GBP/USD falling 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Halliburton’s Success In Argentina Posted: 22 Aug 2011 01:35 PM PDT Leading oilfield service provider Halliburton (NYSE:HAL) has drilled the first horizontal, multistage hydraulic fracture shale gas well for independent energy firm Apache (NYSE:APA) in South America. The well, drilled in Argentina's Neuquén Basin, is also the deepest to be executed in the continent. Halliburton extended all major well construction and completion services for the exploration well that was drilled to a total vertical depth of 4471 meters. As per the Halliburton spokesperson, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

China Life Mulls Raising Debt Posted: 22 Aug 2011 01:35 PM PDT Yesterday, China Life Insurance Co. Ltd. (NYSE:LFC) announced its plan of issuing subordinated term debts in a filing to the Hong Kong bourse. The company filing stated that the proposal for the issue will soon be submitted to the board of directors for its review and approval. However, the financial details and terms of the debt are yet to be disclosed by China Life. Nevertheless, the company is planning to issue subordinated term debt amounting to about 30 billion Yuan ($4.69 billion), according … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Boeing 747-8 Ready To Fly Posted: 22 Aug 2011 01:35 PM PDT The Boeing Company (NYSE:BA) received U.S. Federal Aviation Administration (FAA) and European Aviation Safety Agency (EASA) certifications for commissioning the new 747-8 Freighter. The FAA granted Boeing an Amended Type Certificate (ATC) and an Amended Production Certificate for the 747-8 Freighter, while the EASA also granted the company an ATC for the airplane. With these certificates, the program reaches the final stages of delivering the first 747-8 Freighter to Cargolux Airlines … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Limited Brands Balances Risk-Reward Posted: 22 Aug 2011 01:35 PM PDT Limited Brands Inc.'s (NYSE:LTD) sustained focus on cost containment, inventory management and merchandise initiatives has kept it afloat in a sluggish consumer environment. The company's Bath & Body Works segment is gaining traction, thanks to a rise in store transactions, enhancement in the direct channel business and growth in new stores. Victoria's Secret Stores has been performing well, and the company is also revamping its La Senza brand both at home in Canada and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Silicom’s Promising Growth Drivers Posted: 22 Aug 2011 01:35 PM PDT Silicom's Promising Growth Drivers The strong trends in rising internet traffic, cloud computing and virtualization that are developing within the information technology market offer Silicom several unique opportunities to dramatically increase revenues. These external developments strongly escalate Silicom's customer's network appliances needs for WAN optimization, internet security and application delivery. While total global monthly internet traffic is expected to be 4x greater in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down Toward The End Of U.S. Session Posted: 22 Aug 2011 01:25 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4362, down 0.22% at time of writing.<br/><br/> The pair was likely to find support at 1.4260, Friday&rsquo;s low, and resistance at 1.4518, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.24% to hit 0.8721 and EUR/JPY rising 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Oil Spread Narrows Posted: 22 Aug 2011 01:18 PM PDT Cusick’s Corner I am late on the Midday today, so sorry about that folks. The market has been really active in crude, while the rebels in Libya are getting closer to taking over the capital city, the spread between Brent and WTI begins to narrow from its record width. We are experiencing tough trading action universally, so I am taking a step back and want to see some of this choppy action subside. See you After Hours. Stock market averages are holding gains. With no economic data or earnings … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Markets Close Higher; Dow Jones Up 0.34% Posted: 22 Aug 2011 01:15 PM PDT Forexpros – U.S. stocks were up after the closing bell on Monday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average rose 0.34%, the S&P 500 index gained 0.03%, while the Nasdaq 100 index climbed 0.32%.<br/><br/> Meanwhile, across the Atlantic, European stock markets were mixed at close. France&rsquo;s CAC 40 was up 1.14%; Germany&rsquo;s DAX shed 0.11%; Britain&rsquo;s FTSE 100 climbed 1.08%; and the EURO STOXX 50 rose … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Mylan Reaffirmed Neutral Posted: 22 Aug 2011 01:05 PM PDT We have maintained our Neutral recommendation on Mylan Inc. (NYSE:MYL) with a target price of $19.00 following an appraisal of second quarter 2011 financial results. Mylan's second quarter 2011 earnings (excluding special items) of 52 cents per share were above the Zacks Consensus Estimate of 45 cents and also beat the year-ago earnings 37 cents. Earnings growth was driven by an increase in generics revenue and improved gross margins. Mylan reports revenues from two segments: Generics and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Neutral On Barrick Posted: 22 Aug 2011 01:05 PM PDT We are maintaining our Neutral recommendation on Barrick Gold Corporation (NYSE:ABX), the largest gold mining company in the world, with headquarters in Toronto, Ontario, Canada. Barrick reported record second-quarter 2011 results, driven by higher gold sales volumes and higher prices for both gold and copper. Adjusted earnings per share were $1.12, compared with $0.84 in the prior-year quarter. The result beat the Zacks Consensus Estimate of $1.10. Barrick's gold production is expected to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Union Pacific Still In Neutral Zone Posted: 22 Aug 2011 01:05 PM PDT Union Pacific Corp. (NYSE:UNP) reported excellent financial results in the second quarter of 2011. The company improved year over year on several metrics, including operating ratio, business growth, pricing gain and cost control. Solid commodities volume, healthy demand for coal and improved rail efficiency helped Union Pacific to perform fabulously. Union Pacific's freight revenues should continue to benefit from strong pricing, reflecting both solid yield improvement and higher fuel … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Neutral View On Endo Pharma Posted: 22 Aug 2011 01:05 PM PDT We are maintaining our Neutral stance on Endo Pharmaceuticals (NASDAQ:ENDP) with a target price of $32.00. Endo Pharma is a specialty healthcare solutions company that operates in the US and reports results through three segments: Branded Pharmaceuticals, Generics and Devices and Services. Endo Pharma offers more than 175 products in the areas of pain management, urology and oncology. In August 2011, Endo Pharma reported its second quarter 2011 results. Second quarter adjusted earnings of $1.05 per … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The U.S. Session Posted: 22 Aug 2011 12:55 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4365, down 0.19% at time of writing.<br/><br/> The pair was likely to find support at 1.4260, Friday&rsquo;s low, and resistance at 1.4518, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.22% to hit 0.8723 and EUR/JPY rising 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Markets Mixed At Close; Dax Down 0.11% Posted: 22 Aug 2011 12:55 PM PDT Forexpros – European stocks were mixed after the closing bell on Monday.<br/><br/> At the close of European trade, Germany&rsquo;s DAX fell 0.11%, London&rsquo;s FTSE 100 gained 1.08%, France&rsquo;s CAC 40 climbed 1.14% and the EURO STOXX 50 was up 1.13%.<br/><br/> Meanwhile, on Wall Street, equity markets were mixed after the open. The Dow Jones Industrial Average was up 0.24%; the S&P 500 index shed 0.08%, while the Nasdaq 100 index climbed … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USDJPY’s Spikes, Then Consolidation Posted: 22 Aug 2011 12:54 PM PDT The USDJPY has gotten used to spikes, then consolidation over the last few days. If it moves sharply to the upside, the price comes down. If it gets too low the price moves back higher.  Today with quiet market conditions in NY, the activity for traders has been particularly harsh. The high price has been 76.82. The low price has been 76.71.  Tough to make a buck with that range. Non-trending does provide the opportunity to trend at some point.  The 100 and 200 bar MA … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Some Get Married For Money. Others Get Married For A $400 Rent-Controlled Manhattan Apartment Posted: 22 Aug 2011 12:48 PM PDT The Daily Mail is reporting that a 63-year-old woman married an 87-year-old Manhattan man just a month before he died, allegedly to take over his $400 per month rent-controlled apartment in a West Village building where market rents can reach more than $5,000 per month.  The building owner is asking a Manhattan judge to evict the woman. I am sure there are hundreds of stories in NYC like this that illustrate the distortions caused by rent (price) control laws.  It certainly creates … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Caterpillar Expands, Creates Jobs Posted: 22 Aug 2011 12:35 PM PDT Heavy equipment manufacturer Caterpillar Inc. (NYSE:CAT) decided to expand its existing work tools business in Wamego, Kansas. The 3,716 square meter (40,000 square feet) extension will take the total manufacturing space of the plant to a quarter of a million square feet and create 120 new jobs at the plant. Caterpillar manufactures buckets, blades and other work tools at the Wamego plant that are used on a wide range of Caterpillar machinery. The company's decision to expand the plant emanated … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Ann Taylor Posts Solid 2Q Posted: 22 Aug 2011 12:35 PM PDT Ann Taylor Stores Corp. (NYSE:ANN) recently reported fiscal 2011 second-quarter results. The company's adjusted earnings leapt to 47 cents per share from 32 cents in the year-ago quarter primarily driven by higher sales, improved gross margin and management initiatives to contain costs. Quarterly earnings also beat the Zacks Consensus Estimate of 45 cents a share. Quarterly Details During the quarter, Ann Taylor's net sales grew 15.4% to $558.2 million from $483.5 million in the year-ago … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

TPG Cap Finally Acqu Immucor Posted: 22 Aug 2011 12:35 PM PDT Recently, IVD Acquisition Corporation, an affiliate of TPG Capital, successfully completed the acquisition of Immucor, Inc. (NASDAQ:BLUD) for $27 per share or $1.9 billion in total. The deal was announced initially in July. Established in 1992 with $48 billion of assets under management, TPG Capital is a leading global private investment firm with offices spread across the globe. Immucor, manufacturer and seller of automated systems and reagents, suffered several setbacks over the past few quarters … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USDCHF Pushes Against The 100 Hour MA. EURUSD Stuck. GBPUSD Tests 100 Hour MA Posted: 22 Aug 2011 12:26 PM PDT The USDCHF is pushing against the 100 hour MA at the 0.7903 level. Above that is the downward sloping trendline (3 separate tests) at the 0.7919 level.  A move above these targets opens the door for further gains.  Failure to breach the level, disappoints the bulls and likely leads to profit taking as traders take what is given them and regroup.  Activity remains quiet.  The EURUSD remains above the 100 day MA at the 1.4361 level but below upside resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Weekly Charting Precious Metals Gold Silver And Platinum Posted: 22 Aug 2011 11:35 AM PDT While Gold received most of the headlines/attention in the last few weeks, what has been quietly happening to Silver and Platinum prices? Let's take a look at the parabolic move in Gold and see what the companion moves have been in related precious metals Silver and Platinum. Ever since breaking firmly above the $1,600 resistance target, gold has been caught in a positive feedback loop of intense buying pressure that has taken the price 'parabolic' on the chart. Prior to the August 2011 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Tax Tip For Warren Buffett, And Wouldn’t His 2010 Taxable Income Be Only $100k To Pay 17.4% Rate? Posted: 22 Aug 2011 11:35 AM PDT Just a thought: If Warren Buffett is really serious about paying higher taxes, couldn’t he simply take the standard deduction voluntarily ($11,400 for married taxpayers filing jointly in 2010) instead of itemizing his deductions?  That wouldn’t require any change in tax policy, so he doesn’t have to wait.   After all, it must be all of his itemized deductions (e.g. charitable, etc.)  that reduce Buffett’s income tax rate to only 17.4% on about $40 million income last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Markets In Everything: Orbiting Space Hotel Posted: 22 Aug 2011 11:27 AM PDT DAILY MAIL — “Tiring of the annual two-week break in a Med hot spot? Fed up with overcrowded resorts with no room to move? Then how about a real get-away-from-it-all holiday with plenty of space – in space? Russia yesterday announced plans for a hotel in orbit 217 miles up which would house seven guests in four cabins and have huge windows for views of the Earth turning below.”  Cost? $165,000 for a five-day stay, plus about $825,000 for transportation via rocket.  Due to open in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Range-Bound Pivot Levels And Breakout Projections For USD/CHF, EUR/CHF, And GBP/CHF Posted: 22 Aug 2011 11:18 AM PDT The Swiss Franc went from the safe haven darling to a non-responsive currency. You can say that for now, it seems like whatever creativity the SNB had that the BoJ didn't have is working to stabilize the Swiss Franc below its record highs against the USD, EUR, and GBP. In other words, after digging out new record lows, the USD/CHF, EUR/CHF, and GBP/CHF are now trading in ranges within ranges. It may take a week of speculation within these ranges ahead of the Jackson Hole Symposium that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Why BMW Picked South Carolina: No Auto Culture Posted: 22 Aug 2011 10:43 AM PDT  The Richmond Fed has an interesting article (“When South Carolina Met BMW”) that reviews the history of how BMW decided to start producing vehicles in South Carolina, where production started in 1996.  BMW now employs 7,000 workers at its Spartanburg factory, which produces about 20,000 X3, X5 (pictured above) and X6 sports “activity” vehicles every month.  Here’s an interesting excerpt: “BMW reviewed 250 sites worldwide before choosing Spartanburg County, in the South … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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