Tuesday, August 9, 2011

DailyMarkets.com - It’s Easier For You To Get A Credit Card Now Than Before

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

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

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

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

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

Costs Push Up Loss At Ardea

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.
Quarterly Results
Revenues in the reported quarter slipped 38.2% to $2.2 million. The decline was attributable to an extension of the amortization period of the upfront license fee received under the licensing agreement with … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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 />&nbsp; <br />It earlier fell … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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

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.
Expect choppy action do dominate.  Patience is needed. If uncomfortable, don't fight the uncomfort. Fear is a traders worst enemy. So … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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.
Activity nevertheless, remains choppy for the pair.  The price is currently trading around the 200 bar MA at the 1.6326 level.  Stay below this technical level and the downside can be futher explored with the 1.6300 level the next key … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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.
Total revenue at Enzon was $9.6 million, sharply down 30% year over year due to the decline in royalty revenue. Revenue was also much below the Zacks … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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)
USD/CAD

Parity and Double Bottom Ceiling:
- The USD/CAD is in a very sharp rally that is stalling at the 1.0, parity level.
- There is a double bottom forming in the daily chart as well, and the 1.0 level is the ceiling above which, the formation is complete.
- Note also a break already above the declining trendline, and the 200SMA. Also momentum is definitely bullish in the medium term as the RSI pushes above 70.
FOMC Risk Event
- Now we … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Ensco Misses Bottom Line

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.
Ensco's total revenue surged 37% to $564.2 million in the reported quarter from the year-ago revenue of $411.4 million, and surpassed the Zacks Consensus Estimate of $562 million. Most of the year-over-year increment came from the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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&rsquo;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

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.
Total revenue at Enzon was $9.6 million, sharply down 30% year over year due to the decline in royalty revenue. Revenue was also much below the Zacks … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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

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

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.
The company did not record any revenues during the quarter, similar to the prior-year quarter. The Zacks Consensus Estimate for the quarter was $1 million.
Quarterly Details
During the quarter, research and development … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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.
Total revenue at Enzon was $9.6 million, sharply down 30% year over year due to the decline in royalty revenue. Revenue was also much below the Zacks … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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

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

Japanese Yen: Under Pressure

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

British Pound: Under Pressure

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

Euro: 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

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

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.
Fourth-Quarter 2011, a synopsis
Polo’s fourth-quarter … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Can Bernanke Deliver Again?

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

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

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.  
Looking at the hourly … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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&amp;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

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)
AUD/USD

Pause Ahead of FOMC:
- The AUD/USD market fell through 1.0440, 1.0200, and also tagged 1.0 in one fell swoop.
- Here at parity, the Aussie is taking a break, especially with the FOMC announcement at 2:15PM EDT.
- A retracement of 50% can bring the AUD/USD back to 1.05.
- If the reaction after the FOMC announcement causes a break above 1.0650 would make the bearish outlook would not be as strong, and a more choppy ranging … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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&rsquo;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

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.
Headquartered in Kent, Ohio, Schneller is a manufacturer of proprietary, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ArcelorMittal Sells Stake

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 .
However, the move will give Nippon Steel a 50% stake in the joint venture, Baosteel-NSC/Arcelor (BNA) Automotive Co, while Baosteel holds the other … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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.
However, the alarming sign is that net subscriber loss mounted in the previous quarter to 135,000 compared with a net loss of a mere 19,000 in the prior-year quarter. As on June 30, 2011, DISH Network had approximately 14.056 million subscribers.
DISH Network … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

J. C. Penney’s Sales Rise

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.
During the period under review, The Plano, Texas-based J. C. Penney registered comparable-store sales growth across fine jewelry and women’s attire, with the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Markets In Everything

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

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&rsquo;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

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)
Gold (XAU/USD)

Bearish Divergence:
- Gold has been unstoppable as the uncertainty among fiat currencies and risk aversion prompted safety demand, and with the USD hurting, JPY and CHF both weakened slightly by intervention, gold continues to soar as it does not have any prospect of intervention at all.
- There is a bearish divergence, but that has not been a good signal for reversal. Or rather, the consolidation after … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Verizon Workers Go On Strike

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.
Two labor unions, represented by Communications Workers of America and International Brotherhood of Electrical Workers, went off work after the company failed to negotiate the new labor contract with them.
The striking employees are from the company's wireline division in the Mid-Atlantic and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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

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

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&rsquo;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

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
Gold Outlook Hinges on Fed Growth, Inflation Forecasts

WTI Crude Oil (NY Close): $81.31 // -5.57 // -6.41%
All eyes are now fixated on the upcoming Federal Reserve monetary policy announcement, with a cautious recovery in S&P 500 index futures ahead of the opening bell on Wall Street hinting traders are looking for a supportive gesture from the central bank.
While a headlong plunge into a "QE3"-type program seems … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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

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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