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DailyMarkets.com - It’s Easier For You To Get A Credit Card Now Than Before |
- It’s Easier For You To Get A Credit Card Now Than Before
- Australian Dollar: Technical Rebound In A Bearish Trend
- Canadian Dollar: Technical Rebound In A Bearish Trend
- Gold Futures Pare Gains Ahead Of FOMC Announcement
- Costs Push Up Loss At Ardea
- Crude Oil Rebounds From 11-month Low As Market Focus On Fed
- Swiss Franc Soars To New Highs As Markets Remain Volatile
- Forex Trading: EURUSD Has Choppy Trade As Stocks Open
- Forex Trading: GBPUSD Slightly Bearish Intraday. Unchanged On The Day
- Weak Top Line Widens Enzon Loss
- USD/CAD To Form Double Bottom With A Break Above Parity
- Ensco Misses Bottom Line
- Forex – USD/CAD Erases Gains, Retreats From 6-month High
- Weak Top Line Widens Enzon Loss
- Stock Market News Briefs: Argo Group International Holdings Ltd., American International Group, Boeing Company, Bank Of America, DG FastChannel, Dollar Thrifty Automotive Group, Goldman Sachs Group, J.B. Hunt Transport Services, Medicis Pharmaceutical, Transatlantic Holdings, Valeant Pharmaceuticals International
- Lower Spend Narrows Loss At Vivus
- Weak Top Line Widens Enzon Loss
- Hopes High For More Quantitative Easing – Dollar Weaker
- Swiss Franc: The Downside Prevails
- Japanese Yen: Under Pressure
- British Pound: Under Pressure
- Euro: The Downside Prevails
- Forex – EUR/CHF Falls To Fresh Record Low, SNB Eyed
- Earnings Preview: Polo Ralph Lauren
- Can Bernanke Deliver Again?
- Quote Of The Day: No Time To Panic
- Forex Trading: EURUSD In Tight Range In Early NY Trade; Stocks/FOMC Eyed
- U.S. Stock Futures Rebound With FOMC In Focus; Dow Up 1%
- AUD/USD Stalls At Parity; A Pullback Ahead Of The FOMC Meeting
- U.S. Non-farm Productivity Declines Less-than-expected In Q2
- TransDigm To Acquire Schneller
- ArcelorMittal Sells Stake
- DISH Misses, Subscriber Loss Soars
- J. C. Penney’s Sales Rise
- Markets In Everything
- Canada Housing Starts Rise More-than-expected In July
- Can Gold Reverse After Blowing Off Steam?
- Verizon Workers Go On Strike
- Forex – Dollar Lower Vs. Most Rivals Ahead Of FOMC, U.S. Data
- Forex – GBP/USD Pares Gains After Weak Manufacturing Data
- Forex – EUR/USD Extends Gains Ahead Of Fed Decision
- Crude Oil Is Set To Rebound While Gold Pulls Back With FOMC Ahead
- Forex – USD/CHF Hits New Record Low For Third Consecutive Day
- GETECH Set To Beat Expectations After Strong Year
| It’s Easier For You To Get A Credit Card Now Than Before Posted: 09 Aug 2011 07:35 AM PDT Have you received many credit card offers in your mail since the start of the year? If so, you're not alone, especially if you belong to an affluent household earning more than $75,000 a year. According to Mintel Comperemedia, 1.4 billion credit card offers were mailed out to American consumers in the first quarter of the year, compared to 826 million the year before. That was nearly a 70% increase compared to a year ago, and was the closest it had ever been to the peak of 1.8 billion … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Australian Dollar: Technical Rebound In A Bearish Trend Posted: 09 Aug 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
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| Canadian Dollar: Technical Rebound In A Bearish Trend Posted: 09 Aug 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
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| Gold Futures Pare Gains Ahead Of FOMC Announcement Posted: 09 Aug 2011 07:09 AM PDT Forexpros – Gold futures pared gains on Tuesday, but remained well-supported close to the record high as growing worries over global growth prospects supported safe haven demand, while markets awaited a Federal Reserve statement on monetary policy, which could provide hints regarding further easing.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,734.95 a troy ounce during U.S. morning trade, gaining … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 09 Aug 2011 07:05 AM PDT Ardea Biosciences Inc.'s (NASDAQ:RDEA) second quarter 2011 net loss of $0.68 per share exceeded the year-ago loss by $0.11 and the Zacks Consensus loss Estimate by $0.16. The wider loss was attributable to lower revenues and higher operating costs recorded in the quarter.
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| Crude Oil Rebounds From 11-month Low As Market Focus On Fed Posted: 09 Aug 2011 07:01 AM PDT Forexpros – Crude oil futures erased sharp losses on Tuesday, rebounded from an 11-month low as the U.S. dollar came under pressure ahead of the release of a Federal Reserve statement on monetary policy, which could provide hints regarding further easing measures.<br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in September traded at USD81.78 a barrel during U.S. morning trade, climbing 1.1%.<br /> <br />It earlier fell … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Swiss Franc Soars To New Highs As Markets Remain Volatile Posted: 09 Aug 2011 07:01 AM PDT The Swiss Franc appreciated to fresh record highs against the Euro and the U.S. Dollar in the Asian and European sessions as concerns over the health of the global economy continue to plague investors, increasing market participants' demand for safer assets. The USD/CHF set an all-time low exchange rate for the third consecutive day at 0.7369, but has since retraced part of the move, trading back above 0.7400 at the time this report was written. Similarly, the EUR/CHF set a fresh new low for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: EURUSD Has Choppy Trade As Stocks Open Posted: 09 Aug 2011 06:59 AM PDT The stock market open and moves sent the EURUSD intiially to the downside. The price dipped to the "Remembered Line" target at the 1.4226 level. THis level was highs from yesterday afternoon and far east trading today. The price is now back near the 100 bar MA and at the 1.4249 level and activity has slowed as the market digests the next move.
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| Forex Trading: GBPUSD Slightly Bearish Intraday. Unchanged On The Day Posted: 09 Aug 2011 06:41 AM PDT Althought the GBPUSD is coming down from what is higher levels on the day, the price is now below the 100 and 200 bar MA on the 5 minute (blue and green line in the chart above). It is also below the midpoint of the days range at 1.6337.
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| Weak Top Line Widens Enzon Loss Posted: 09 Aug 2011 06:35 AM PDT Enzon Pharmaceuticals' (NASDAQ:ENZN) second quarter 2011 net loss of 12 cents per share (excluding restructuring charge) was wider than the loss of 8 cents suffered in the year-ago quarter as the decline in royalty revenue neutralized the savings from cost-cutting initiatives. The Zacks Consensus Estimate indicated a break-even for the company.
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| USD/CAD To Form Double Bottom With A Break Above Parity Posted: 09 Aug 2011 06:35 AM PDT Previous: USD/CAD Cracking Critical Resistance (8/5) Parity and Double Bottom Ceiling:
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| Posted: 09 Aug 2011 06:35 AM PDT Ensco plc (NYSE:ESV) has reported second quarter 2011 earnings of 59 cents per share from continuing operations. Results came in well below the year-ago earnings of 85 cents per share and missed the Zacks Consensus Estimate of 71 cents, mainly due to steeper costs.
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| Forex – USD/CAD Erases Gains, Retreats From 6-month High Posted: 09 Aug 2011 06:31 AM PDT Forexpros – The Canadian dollar retreated from a six-month low against its U.S. counterpart on Tuesday, erasing sharp losses after better-than-expected domestic housing data eased concerns over the Canadian economic recovery. <br /><br />USD/CAD clawed back from 1.0009 during U.S. morning trade, the pair’s highest since February 1, to hit 0.9918 during U.S. morning trade, shedding 0.27%.<br /><br />The pair was likely to find support at 0.9781, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Weak Top Line Widens Enzon Loss Posted: 09 Aug 2011 06:30 AM PDT Enzon Pharmaceuticals' (NASDAQ:ENZN) second quarter 2011 net loss of 12 cents per share (excluding restructuring charge) was wider than the loss of 8 cents suffered in the year-ago quarter as the decline in royalty revenue neutralized the savings from cost-cutting initiatives. The Zacks Consensus Estimate indicated a break-even for the company.
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| Posted: 09 Aug 2011 06:25 AM PDT Share prices of America’s biggest bank, Bank of America Corp. (NYSE:BAC) fell 20.32% after a report in the New York Times said that American International Group, Inc. (NYSE:AIG) has filed a suit against the bank to recover more than $10 billion in losses due to mortgage-backed securities Car rental company Dollar Thrifty Automotive Group, Inc.’s (NYSE:DTG) shares declined by 12.75% to close at $58.79 after the company posted second quarter earnings results that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Lower Spend Narrows Loss At Vivus Posted: 09 Aug 2011 06:25 AM PDT Vivus Inc. (NASDAQ:VVUS) posted adjusted loss of 14 cents per share during the second quarter of fiscal 2011, in line with the Zacks Consensus Estimate. However, the loss was narrower than the year-ago loss of 27 cents per share. Lower operating expenses led to the narrower loss.
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| Weak Top Line Widens Enzon Loss Posted: 09 Aug 2011 06:25 AM PDT Enzon Pharmaceuticals' (NASDAQ:ENZN) second quarter 2011 net loss of 12 cents per share (excluding restructuring charge) was wider than the loss of 8 cents suffered in the year-ago quarter as the decline in royalty revenue neutralized the savings from cost-cutting initiatives. The Zacks Consensus Estimate indicated a break-even for the company.
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| Hopes High For More Quantitative Easing – Dollar Weaker Posted: 09 Aug 2011 06:25 AM PDT Tuesday’s FOMC statement will be closely watched to see what the world’s largest central bank might have up its sleeve to make investors’ pain magically disappear. But with central bankers around the world recently carrying out various forms of intervention even before global stocks fell for a second day, one wonders what tricks are left. Such are the forces in motion that any action can only be seen as being consigned to stemming powerful moves without addressing underlying problems.
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| Swiss Franc: The Downside Prevails Posted: 09 Aug 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
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| Posted: 09 Aug 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
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| Posted: 09 Aug 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
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| Posted: 09 Aug 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
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| Forex – EUR/CHF Falls To Fresh Record Low, SNB Eyed Posted: 09 Aug 2011 06:17 AM PDT Forexpros – The euro fell to a fresh record low against the Swiss franc on Tuesday, extending sharp losses from the previous session as growing concerns over the global economic outlook supported demand for safe haven assets. <br /><br />EUR/CHF hit 1.0472 during last European afternoon trade, an all-time low; the pair subsequently consolidated at 1.0536, tumbling 1.58%.<br /><br />The pair was likely to find short-term support at 1.0472, the daily low and a record low … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Earnings Preview: Polo Ralph Lauren Posted: 09 Aug 2011 06:05 AM PDT Polo Ralph Lauren Corp. (NYSE:RL), one of the world’s leading designer, marketer and distributor of premium lifestyle products, is scheduled to release its first-quarter 2012 financial results before the opening bell on Wednesday, August 10, 2011.The current Zacks Consensus Estimates for the quarter is earnings of $1.45 a share. For the quarter under review, revenue is expected at $1,414.0 million, according to the Zacks Consensus Estimate.
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| Posted: 09 Aug 2011 06:05 AM PDT The Federal Reserve will be in the spotlight on Tuesday, and every word of the post-meeting statement will be parsed for clues to the Central Bank’s plans. The panicky stock market losses of the last few days and the growing fears of a recession have forced everyone to start looking back to Ben Bernanke for deliverance. He has done it in the past, most recently with the second round of quantitative easing (QE2) that ended in June. Will the Fed come to the market’s rescue again, with another … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Quote Of The Day: No Time To Panic Posted: 09 Aug 2011 05:58 AM PDT “The economy can hold up. During a period like this, with stocks plunging almost on a daily basis, it's clear that fear and shock are ruling the roost. But fear can be overdone. As someone who has been around awhile and has seen many sell-offs, let me offer some advice: Do not panic. Market corrections come and go. They are not the end of the world. Most times they are actually healthy. The American free-enterprise system can weather these shocks, and I believe favorable political and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: EURUSD In Tight Range In Early NY Trade; Stocks/FOMC Eyed Posted: 09 Aug 2011 05:55 AM PDT The EURUSD has been in a up and down range over the last few hours of trading with the 1.4348 level support on the downside and 1.4387 the ceiling on the upside. On the last move to the downside, the attempt was made to extend below this range, but the market buyers held the support against the 100 bar MA (blue line in the chart above) at the 1.4240 level. The ability to hold the support keeps me more positive on the market for the time being.
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| U.S. Stock Futures Rebound With FOMC In Focus; Dow Up 1% Posted: 09 Aug 2011 05:48 AM PDT Forexpros – U.S. stock futures pointed to a higher open on Tuesday, one day after the Dow Jones Industrial Average suffered its sixth-biggest drop on record, as investors awaited a Federal Reserve statement on monetary policy, which could provide hints regarding further easing.<br /><br />Ahead of the open, the Dow Jones Industrial Average futures pointed to a gain of 1%, the S&P 500 futures jumped 1.2%, while the Nasdaq 100 futures climbed 0.75%.<br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| AUD/USD Stalls At Parity; A Pullback Ahead Of The FOMC Meeting Posted: 09 Aug 2011 05:40 AM PDT Prev: AUD/USD Plunging in a Major Double Top Formation (8/8) Pause Ahead of FOMC:
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| U.S. Non-farm Productivity Declines Less-than-expected In Q2 Posted: 09 Aug 2011 05:38 AM PDT Forexpros – U.S. non-farm productivity declined less-than-expected in the second quarter, official preliminary data showed on Tuesday.<br /><br />In a report, the U.S. Bureau of Labor Statistics said non-farm business sector labor productivity declined by a seasonally adjusted 0.3% in the second quarter, better than expectations for a 0.9% decline.<br /><br />The previous quarter’s figure was revised down to a 0.6% drop from a previously reported 1.8% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| TransDigm To Acquire Schneller Posted: 09 Aug 2011 05:36 AM PDT TransDigm Group Incorporated (NYSE:TDG) is all set to acquire Schneller Holdings LLC (Schneller), from an affiliate of Graham Partner Inc. As per the agreement, the acquisition price is set at approximately $288.5 million in cash. The acquisition is expected to close by September 30, 2011. However, the completion of the acquisition is subjected to review under the Hart-Scott-Rodino Act and other customary closing conditions.
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| Posted: 09 Aug 2011 05:35 AM PDT Steel giant, ArcelorMittal (NYSE:MT) announced to sell its 12% stake in an auto sheet joint venture with China’s Baosteel and Japan’s Nippon Steel to the Japanese firm. By selling this stake, ArcelorMittal intends to focus on another automotive joint venture project with a middle-sized Chinese steelmaker, the Hunan Valin Group .
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| DISH Misses, Subscriber Loss Soars Posted: 09 Aug 2011 05:35 AM PDT DISH Network Corp. (NASDAQ:DISH) declared mixed financial results for the second quarter of 2011. Though revenue beat the Zacks Consensus Estimate, driven by additional contribution from newly acquired Blockbuster Inc., EPS fell below it.
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| Posted: 09 Aug 2011 05:35 AM PDT J. C. Penney Company Inc. (NYSE:JCP), a leading retailer of apparel and footwear, accessories, fashion jewelry, beauty products and home furnishings, recently reported sales results for the four-week period ended July 30, 2011. The company's comparable-store sales for July increased 3.3% with total sales rising 1% to $1,173 million.
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| Posted: 09 Aug 2011 05:28 AM PDT 1. Butt Advertising — “Britain’s female beach volleyball champions are renting out their rears in an advertising deal that encourages spectators to photograph their behinds. Zara Dampney, 24, and Shauna Mullin, 26, have turned their bottoms into their bottom line by wearing bikini briefs with a Quick Response (QR) code printed on the back where it will catch the eye of spectators. When photographed on a smartphone, the code takes the user to a specific website – in this case, for bookmakers … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Canada Housing Starts Rise More-than-expected In July Posted: 09 Aug 2011 05:22 AM PDT Forexpros – Canadian housing starts rose more-than-expected in July, official data showed on Tuesday. <br /><br />In a report, the Canada Mortgage and Housing Corporation said that the seasonally adjusted annual rate of housing starts rose to 205,000 units in July, above expectations for a gain of 195,000 units.<br /><br />The previous month’s figure was revised up to 201,000 units from a previously reported 197,000. <br /><br />Commenting on the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Can Gold Reverse After Blowing Off Steam? Posted: 09 Aug 2011 05:06 AM PDT Prev: Gold and Silver Looking to Resume Uptrend after Brief Pause (8/2) Bearish Divergence:
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| Posted: 09 Aug 2011 05:05 AM PDT The largest U.S. mobile service provider Verizon Communications' (NYSE:VZ) wireline division is facing serious labor issues, with as many as 45,000 employees calling strike over the last two days.
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| Forex – Dollar Lower Vs. Most Rivals Ahead Of FOMC, U.S. Data Posted: 09 Aug 2011 05:01 AM PDT Forexpros – The U.S. dollar was down against most of its major counterparts on Tuesday, as investors awaited a Federal Reserve statement on monetary policy, which could provide hints regarding further easing.<br /><br />During European morning trade, the greenback was down against the euro, with EUR/USD climbing 0.54% to hit 1.4255.<br /><br />The greenback was fractionally lower against the pound, with GBP/USD easing up 0.06% to hit 1.6329.<br /><br />The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – GBP/USD Pares Gains After Weak Manufacturing Data Posted: 09 Aug 2011 04:51 AM PDT Forexpros – The pound pared gains against the U.S. dollar on Tuesday, after official data showed that manufacturing production declined unexpectedly in June, adding to fears over the pace of the U.K. economic recovery. <br /><br />GBP/USD pulled back from 1.6409, the daily high, to hit 1.6331 during European afternoon trade, still up 0.08% on the day.<br /><br />Cable was likely to find support at 1.6227, the low of August 5 and short-term resistance at 1.6475, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/USD Extends Gains Ahead Of Fed Decision Posted: 09 Aug 2011 04:38 AM PDT Forexpros – The euro extended gains against the U.S. dollar on Tuesday, recouping some of the previous day’s sharp losses, as investors awaited a Federal Reserve statement on monetary policy, which could provide hints regarding further monetary easing.<br /><br />EUR/USD hit 1.4287 during European afternoon trade, the daily high; the pair subsequently consolidated at 1.4263, climbing 0.59%.<br /><br />The pair was likely to find support at 1.4054, the low of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Crude Oil Is Set To Rebound While Gold Pulls Back With FOMC Ahead Posted: 09 Aug 2011 04:23 AM PDT Talking Points Crude Oil to Rebound if FOMC Steps Up Dovish Rhetoric WTI Crude Oil (NY Close): $81.31 // -5.57 // -6.41%
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| Forex – USD/CHF Hits New Record Low For Third Consecutive Day Posted: 09 Aug 2011 03:26 AM PDT Forexpros – The U.S. dollar was sharply lower against the safe haven Swiss franc on Tuesday, falling to a fresh record low for the third consecutive day amid escalating concerns over the health of the global economy, boosting demand for safe haven assets.<br /><br />USD/CHF hit 0.7360 during European morning trade, an all-time low; the pair subsequently consolidated at 0.7412, tumbling 1.8%.<br /><br />The pair was likely to find short-term support at 0.7360, the daily … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| GETECH Set To Beat Expectations After Strong Year Posted: 09 Aug 2011 12:30 AM PDT Getech (LON:GTC), the AIM listed oil services business that specialises in exploration data and petroleum systems studies, is set to report a record level of revenue for the year to July, together with a trading profit ahead of market expectations. The company said the performance was partly down to a general recovery in the market as well as major successes which have been reported through the year. These included the execution, and completion, of a major new proprietary interpretation … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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