DailyMarkets.com - Pending Legislation In California: “The Law To Eliminate Employment Of Babysitters In The State”

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• Pending Legislation In California: “The Law To Eliminate Employment Of Babysitters In The State”
• First Solar Is Ready For A Breakout
• Forex – EUR/USD Down During The Asian Session
• AAA Forecasts Fewer Labor Day Drivers
• Rick Perry’s Plan To Save Blue States From The Red States
• Forex – NZD/USD Down In Asian Trade
• ADP Employment Report, US Factory Orders, Chicago PMI, EIA Oil Inventories
• Hot Option Plays: Mixed Close
• Xerox Acquires Bennett’s
• DTS, LG Partner To Launch 3D Phone
• GATX Remains Neutral
• Comerica To Cut 300 Jobs
• Ultimate Software Opens New Offfice
• Fed Minutes Uncover A Donnybrook
• Milestone For ZOLL LifeVest
• CEO Spotlight: José Luis Gómez Pimienta, The Mexico Fund
• They Mystery Of Steve Jobs’s Charitable Giving Vs. The Non-Mystery Of Joe Biden’s Extreme Stinginess
• The Dope Gap
• FDA Approves J&J Pain Drug
• Vodafone, Wind Hellas In Talks
• See-saw Session Sees Dow Gain 20+ Points, Consumer Confidence Dives, & Nook Sales Boost Barnes & Noble
• Forex – EUR/USD Down At The End Of U.S. Session
• Green Mountain Sheds Business
• Forex – USD/JPY Down Toward The End Of U.S. Session
• Applied Materials Plunges On Weak Guidance
• Juniper Launches New Cloud Offering
• Fulton Selects Fiserv
• BofA Finalizes CCB Stake Sale
• Forex – EUR/USD Down Toward The End Of U.S. Session
• U.S. Markets Close Higher; Dow Jones Up 0.18%
• CSC’s Deal Wins Continue
• SINA Acquires Stake In Tudou
• EU Approval For Lilly’s Trajenta
• Rewards Balance Risk At Alnylam
• LaSalle Hotels To Repurchase Shares
• Forex – GBP/USD Down During The U.S. Session
• SunPower, Akuo Solar In Supply Deal
• Forex – USD/CHF Up In U.S. Trading Hours
• NextEra Gets Fund For Solar Plant
• Obama Beware: 9% Unemployment Rates Are NORMAL For European Welfare States Like France
• Earnings Preview: Campbell Soup
• Forex – USD/CAD Up In U.S. Trade
• Earnings Scorecard: Big Lots
• Telefonica Remains Neutral
• Israel Central Bank Holds Benchmark Rate At 3.25%
• Talking On The Phone Is Down 15%, Texting Is Up
• Forex – EUR/USD Down In U.S. Trading Hours
• Crowd Forms Around CoreLogic Call Options
• Afren Sets Sights On Forthcoming Drilling Campaign

Pending Legislation In California: “The Law To Eliminate Employment Of Babysitters In The State” Posted: 30 Aug 2011 04:44 PM PDT From California State Senator Doug LaMalfa (R-4th District): “How will California parents react when they find out they will be expected to provide workers’ compensation benefits, rest and meal breaks, and paid vacation time for…babysitters? Dinner and a movie night may soon become much more complicated. California Assembly Bill 889 will require these protections for all "domestic employees," including nannies, housekeepers and caregivers. The bill has already passed the Assembly and is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

First Solar Is Ready For A Breakout Posted: 30 Aug 2011 04:33 PM PDT First Solar has rebounded nicely after forming a short term bottom just above $87.00 a week ago. After rallying over 10 points in just a week's time, this stock looks poised for another big move. Here's why… Inside Value Relationship It's no secret that I prey upon charts that have an Inside Value relationship present. Quite simply, this setup has the juice to produce some of the most explosive breakout moves in any chart and in any timeframe. As you may recall, the Inside Value … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 30 Aug 2011 04:10 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.4437, down 0.03% at time of writing. The pair was likely to find support at 1.4328, Thursday's low, and resistance at 1.4549, Monday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.06% to hit 0.8854 and EUR/JPY falling 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AAA Forecasts Fewer Labor Day Drivers Posted: 30 Aug 2011 03:57 PM PDT 08/30/11 The AAA expects to see a 2.4% decline in travelers on the nation’s roads over the holiday … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Rick Perry’s Plan To Save Blue States From The Red States Posted: 30 Aug 2011 03:53 PM PDT Of all the nonsense Texas Governor Rick Perry spews about state's rights and the tenth amendment, his dumbest is the notion that states should go it alone. "We've got a great Union," he said at a Tea Party rally in Austin in April 2009. "There's absolutely no reason to dissolve it. But if Washington continues to thumb their nose at the American people, you know, who knows what might come out of that." The core of his message isn't outright secession, though. It's that the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Down In Asian Trade Posted: 30 Aug 2011 03:35 PM PDT Forexpros – The New Zealand Dollar was lower against the U.S. Dollar on Tuesday. NZD/USD was trading at 0.8528, down 0.05% at time of writing. The pair was likely to find support at 0.8259, Thursday's low, and resistance at 0.8558, today's high. Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.03% to hit 1.2526 and EUR/NZD rising 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ADP Employment Report, US Factory Orders, Chicago PMI, EIA Oil Inventories Posted: 30 Aug 2011 10:20 AM PDT 08/30/11 The ADP employment report will be closely watched ahead of Friday’s August jobs … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Mixed Close Posted: 30 Aug 2011 03:17 PM PDT Cusick’s Corner Solid day in the markets but I did not like the action in the last hour, there was a doji print on the 60-minute chart in the Sept S&P futures, signaling some potential indecision. I am going to watch the overnight action to see if there is confirmation, in other words to see if the S&Ps are below the 1200 level. This is a short-term signal and it does not change my swing term bias of being bullish, just a flag that I want to keep an eye on. Volatility in the front … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Xerox Acquires Bennett’s Posted: 30 Aug 2011 03:01 PM PDT Xerox Corporation (NYSE:XRX) recently announced that one of its fully owned subsidiaries, Global Imaging Systems (GIS) has acquired Bennett's Business Systems, Inc., headquartered in Jacksonville, Florida. Apart from Jacksonville, Bennett's also has two other offices in Orlando and Tallahassee. After the acquisition by the Xerox subsidiary, the company will become part of Saxon Business Systems, Inc., another company owned by GIS based in Miami Lakes, Florida. Saxon Business Systems, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

DTS, LG Partner To Launch 3D Phone Posted: 30 Aug 2011 03:01 PM PDT DTS Inc. (NASDAQ:DTSI) recently partnered with Korean mobile manufacturer LG Electronics (NYSE:LG) to develop its latest 3D smartphone LG Optimus (LG-P920). The smartphone, which has debuted in Korea, is scheduled to release in more than 60 countries in the second half of 2011. The latest device is equipped with DTS' high-performance audio technology and is supported by the tri-dual architecture. The "tri-dual" configuration boosts performance, leveraging its dual-core, dual-channel and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GATX Remains Neutral Posted: 30 Aug 2011 03:01 PM PDT We believe GATX Corporation (NYSE:GMT), a leader in leasing transportation assets has significantly benefited from higher lease rates and North American fleet utilization. In addition, increased asset utilization through the reduction of idle rail cars and deployment of new rail cars will be accretive for the company's long-term growth. However, depressed marine rates, regulatory issues and stiff competition induce us to adopt a cautious stance on the company. The North American rail market has … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Comerica To Cut 300 Jobs Posted: 30 Aug 2011 03:01 PM PDT Comerica Inc. (CMA) will be laying off 300 positions at its Houston operations from October this year, according to a report in the Business Journal that cited a letter received by Texas Workforce Commission from the company. The job cuts, which will continue for the next six months, is a part of the company's initiatives to integrate Sterling Bancshares Inc. – a company it acquired recently. The positions to be eliminated are primarily those that are overlapping ones. Notably, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Ultimate Software Opens New Offfice Posted: 30 Aug 2011 02:35 PM PDT Florida-based Ultimate Software (NASDAQ:ULTI) recently announced that the company opened its new office in Santa Ana, CA. The new office is expected to accommodate more than 100 Ultimate Software personnel which primarily consists of customer support, payment services and consulting services staff along with John Stauffer, vice president of payment services, and Ted Malley, vice president and general manager for regional services in the western U.S. In addition, the new office includes a 30-person … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Fed Minutes Uncover A Donnybrook Posted: 30 Aug 2011 02:35 PM PDT The minutes to the most recent Federal Reserve Meeting, held on August 8th just came out and show that the Fed is deeply divided on economic policy. Below are the key parts of the participants’ views section of the minutes. I intersperse my commentary/translation from time to time. Some of that commentary will indicate where I come down on the debated issues and what I would do if I were on the committee. I bold face what I see are the key statements. Participants’ Views on Current Conditions … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Milestone For ZOLL LifeVest Posted: 30 Aug 2011 02:35 PM PDT Resuscitation devices maker ZOLL Medical's (NASDAQ:ZOLL) flagship LifeVest wearable defibrillator has achieved another key milestone as it has been reportedly prescribed by physicians at all of the 17 "Honor Roll" hospitals and all of the 50 "Best Cardiology and Heart Surgery" hospitals designated by U.S. News and World Report for 2011-2012. The Massachusetts-based company has achieved this milestone for the fourth consecutive year.  U.S. News and World Report ranks America's … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CEO Spotlight: José Luis Gómez Pimienta, The Mexico Fund Posted: 30 Aug 2011 02:33 PM PDT 08/30/11 The Mexico Fund’s Chairman and President discusses the company’s top holdings, fundamentals and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

They Mystery Of Steve Jobs’s Charitable Giving Vs. The Non-Mystery Of Joe Biden’s Extreme Stinginess Posted: 30 Aug 2011 02:33 PM PDT Joe Biden’s tax return information 1998-2008. New York Times Columnist Andrew Ross Sorkin wrote yesterday about the “Mystery of Steve Jobs’s Public Giving”:   “Steve Jobs is a genius. He is an innovator. A visionary. He is perhaps the most beloved billionaire in the world. Surprisingly, there is one thing that Mr. Jobs is not, at least not yet: a prominent philanthropist. Despite accumulating an estimated $8.3 billion fortune through his holdings in Apple and a 7.4 percent stake in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Dope Gap Posted: 30 Aug 2011 02:30 PM PDT According to Merriam Webster, a “dope” is a stupid person, or an illicit, habit-forming, or narcotic drug (e.g., he is spaced out after smoking a lot of dope). As detailed below, I reckon either meaning might apply when it comes to describing Wall Street’s big bet on the health of the consumer (especially after today’s dismal data from the Conference … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

FDA Approves J&J Pain Drug Posted: 30 Aug 2011 02:05 PM PDT Johnson & Johnson (NYSE:JNJ) recently gained US Food and Drug Administration (FDA) approval for its extended release (ER) version of pain drug, Nucynta. The FDA approved Nucynta ER for the management of moderate to severe chronic pain in adults requiring continuous, round-the-clock opioid analgesic for an extended period of time. Nucynta ER will be available under a Risk Evaluation and Mitigation Strategy (REMS) which will help convey the risks associated with its use. The REMS will inform … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Vodafone, Wind Hellas In Talks Posted: 30 Aug 2011 02:05 PM PDT British mobile phone giant Vodafone Group Plc (NYSE:VOD) is in talks to combine its Greece operation with privately owned Wind Hellas Telecommunications SA. Both Vodafone and Wind Hellas, Greece's second and third largest mobile telecoms operators, respectively, are suffering from difficult market conditions due to the stretched Greek economy, thereby hurting overall revenues. The talks between the two companies are still in its early stages and may lead to widely different conclusions ranging … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

See-saw Session Sees Dow Gain 20+ Points, Consumer Confidence Dives, & Nook Sales Boost Barnes & Noble Posted: 30 Aug 2011 09:00 AM PDT 08/30/11 The latest in news, commentary, and information on what’s moved the US equities markets after the NYSE closing bell including: a 20+ point gain for the Dow & a decline in confidence reports in both the US and … [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: 30 Aug 2011 01:55 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Tuesday after the release of U.S. data on CB Consumer Confidence. EUR/USD was trading at 1.4440, down 0.49% at time of writing. The pair was likely to find support at 1.4328, Thursday's low, and resistance at 1.4549, Monday's high. Earlier in the day, data showed that CB consumer confidence in the U.S. fell more-than-expected to a seasonally adjusted 44.5 last month from 59.2 in the preceding month whose figure was revised down … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Green Mountain Sheds Business Posted: 30 Aug 2011 01:50 PM PDT Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) announced that it is selling its US Van Houtte business to Aramark Refreshment Services LLC for about $145 million. The Van Houtte business, also known as Filterfresh Business, roasts and markets gourmet coffee for home and office consumption. It distributes its products through Van Houtte's direct-to-store delivery and coffee services networks in Canada and the U.S. Van Houtte's Canadian brands include Van Houtte, Brulerie St. Denis, Les Cafés … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down Toward The End Of U.S. Session Posted: 30 Aug 2011 01:40 PM PDT Forexpros – The U.S. Dollar was lower against the Japanese Yen on Tuesday after the release of U.S. data on CB Consumer Confidence. USD/JPY was trading at 76.71, down 0.16% at time of writing. The pair was likely to find support at 76.50, Friday's low, and resistance at 77.70, Thursday's high. Earlier in the day, data showed that CB consumer confidence in the U.S. fell more-than-expected to a seasonally adjusted 44.5 last month from 59.2 in the preceding month whose figure was revised … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Applied Materials Plunges On Weak Guidance Posted: 30 Aug 2011 01:35 PM PDT Applied Materials' (NASDAQ:AMAT) third quarter earnings exceeded the Zacks Consensus Estimate by 2 cents. Revenue came in higher than management expectations and exceeded the Zacks Consensus by 4.0%. Revenue Applied reported revenue of $2.79 billion, which was down 2.6% sequentially and up 10.7% year over year. All segments performed within the guided range, although Display was the only segment that actually grew. Revenue by Segment SSG remains Applied's largest segment, with a 50% revenue … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Juniper Launches New Cloud Offering Posted: 30 Aug 2011 01:35 PM PDT Networking component major Juniper Network (NASDAQ:JNPR) is gradually tightening its grip on the cloud computing market. The company recently made significant additions to the Juniper Networks vGW Virtual Gateway solution for customers looking for a comprehensive virtualization security platform. These newly added functions with virtualization-specific antivirus (AV) will secure and continuously monitor malware and hackers, as well as ensure that security does not impede virtualized workload … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Fulton Selects Fiserv Posted: 30 Aug 2011 01:35 PM PDT Fiserv, Inc. (NASDAQ:FISV) recently announced that Fulton Financial Corporation has selected a complete outsourced banking solution based on the Signature bank platform from Fiserv. Fulton, with $16 billion in assets, chose Fiserv due to its advanced technology with flexible, scalable and integrated systems. The platform is expected to help the company focus on its organic and acquisition growth targets, deepen its sales and service excellence culture and increase efficiency through streamlined … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BofA Finalizes CCB Stake Sale Posted: 30 Aug 2011 01:35 PM PDT On August 29, 2011, Bank of America Corp. (NYSE:BAC) announced that it has socked a deal with a group of investors to sell about half of its stake in China Construction Bank ("CCB") for approximately $8.3 billion.  This is part of BofA's effort to strengthen its capital position in order to reinstate dividend hike and meet new international capital standards. The CCB stake sale has long been anticipated by the market. However, market turbulence in recent weeks made the deal … [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: 30 Aug 2011 01:25 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Tuesday after the release of U.S. data on CB Consumer Confidence. EUR/USD was trading at 1.4444, down 0.46% at time of writing. The pair was likely to find support at 1.4328, Thursday's low, and resistance at 1.4549, Monday's high. Earlier in the day, data showed that CB consumer confidence in the U.S. fell more-than-expected to a seasonally adjusted 44.5 last month from 59.2 in the preceding month whose figure was revised down … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Markets Close Higher; Dow Jones Up 0.18% Posted: 30 Aug 2011 01:15 PM PDT Forexpros – U.S. stocks were up after the closing bell on Tuesday. At the close of U.S. trade, the Dow Jones Industrial Average rose 0.18%, the S&P 500 index gained 0.23%, while the Nasdaq 100 index climbed 0.62%. Earlier in the day, data showed that CB consumer confidence in the U.S. fell more-than-expected to a seasonally adjusted 44.5 last month from 59.2 in the preceding month whose figure was revised down from 59.5. Analysts had expected CB consumer confidence to fall to 52.2 last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CSC’s Deal Wins Continue Posted: 30 Aug 2011 01:05 PM PDT Technology major Computer Sciences Corporation (NYSE:CSC) has been on a deal winning spree in recent times. Recently, the company won two contracts worth $83.2 billion to provide management, operational and logistical support for its Mail Transport Equipment Service Centers (MTESCs). These contracts have a time period of seven years and come with a three-year base and two two-year options, with an estimated of $83.0 million. CSC won these contracts during the first quarter of 2012. CSC will now … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

SINA Acquires Stake In Tudou Posted: 30 Aug 2011 01:05 PM PDT Chinese micro-blog "weibo" provider, SINA Corp. (NASDAQ:SINA) recently acquired a 9.05% stake in Shanghai-based video company, Tudou Holdings Ltd. Tudou offers movies, TV series and self-produced content it produces itself, as well as third-party videos similar to Google Inc.'s (NASDAQ:GOOG) YouTube platform. In a regulatory filing with the Securities and Exchange Commission (SEC), SINA reported that it has acquired 1.075 million American depositary receipts (ADRs) of Tudou at its initial public … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EU Approval For Lilly’s Trajenta Posted: 30 Aug 2011 01:05 PM PDT Eli Lilly and Company (NYSE:LLY) and Boehringer Ingelheim recently gained European Union approval for their type II diabetes treatment, Trajenta (linagliptin). The European Commission approved Trajenta for use in combination with metformin and metformin plus sulfonylurea. Trajenta can also be used as a monotherapy in patients inadequately controlled by diet and exercise alone and patients who are intolerant to metformin or for whom metformin is contraindicated due to renal impairment. Trajenta is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Rewards Balance Risk At Alnylam Posted: 30 Aug 2011 01:05 PM PDT We have maintained a Neutral rating on Alnylam Pharmaceuticals, Inc (NASDAQ:ALNY) with a target price of $7.00 per share. Alnylam Pharmaceuticals Inc. is a biopharmaceutical company developing novel therapeutics based on a biological breakthrough technology known as RNA (Ribo Nucleic Acid) interference (RNAi). Alnylam is currently utilizing this know-how to build a pipeline of drug candidates for the treatment of a wide array of diseases. Alnylam Pharmaceuticals Inc.'s second quarter 2011 loss of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

LaSalle Hotels To Repurchase Shares Posted: 30 Aug 2011 01:05 PM PDT LaSalle Hotel Properties (NYSE:LHO), a lodging real estate investment trust (REIT), has recently announced that its Board of Trustees has ratified a share repurchase program to buy back common shares worth $100 million. The strategic move is aimed to capitalize on a relatively undervalued share price that seems to be a fallout of the volatility in the market amid fears of a double-dip recession. During April 2011, when the share price was fairly stable in the range of $25-$28, LaSalle Hotel … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down During The U.S. Session Posted: 30 Aug 2011 12:55 PM PDT Forexpros – The British Pound was lower against the U.S. Dollar on Tuesday after the release of U.S. data on CB Consumer Confidence. GBP/USD was trading at 1.6309, down 0.60% at time of writing. The pair was likely to find support at 1.6209, Friday's low, and resistance at 1.6454, Monday's high. Earlier in the day, data showed that CB consumer confidence in the U.S. fell more-than-expected to a seasonally adjusted 44.5 last month from 59.2 in the preceding month whose figure was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

SunPower, Akuo Solar In Supply Deal Posted: 30 Aug 2011 12:35 PM PDT SunPower Corporation (SPWRA) has received an order for 75,000 high efficiency SunPower solar panels from Akuo Solar, a subsidiary of Paris-based Akuo Energy. Akuo Solar will utilize these panels for its planned 24-megawatt solar development project consisting of two power plants located in the Provence-Alps-Cotes d’Azur region in southern France. Akuo Energy is a French independent power producer specializing in developing, financing and operating power plants from renewable resources and has … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Up In U.S. Trading Hours Posted: 30 Aug 2011 12:30 PM PDT Forexpros – The U.S. Dollar was higher against the Swiss Franc on Tuesday after the release of U.S. data on CB Consumer Confidence. USD/CHF was trading at 0.8193, up 0.43% at time of writing. The pair was likely to find support at 0.7893, Friday's low, and resistance at 0.8241, Monday's high. Earlier in the day, data showed that CB consumer confidence in the U.S. fell more-than-expected to a seasonally adjusted 44.5 last month from 59.2 in the preceding month whose figure was revised … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NextEra Gets Fund For Solar Plant Posted: 30 Aug 2011 12:25 PM PDT NextEra Energy Inc. (NEE) announced that its subsidiary Solar LLC has secured financing worth $935 million for its 250 megawatt (MW) solar project located in Riverside County, California. The fund of $935 million consists of $702 million in project bonds, a $150 million project term loan facility and an $83 million project letter of credit facility. The U.S. Department of Energy under its Financial Institution Partnership Program has provided a loan guarantee of 80%. The new project will use … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Obama Beware: 9% Unemployment Rates Are NORMAL For European Welfare States Like France Posted: 30 Aug 2011 12:22 PM PDT Historical Unemployment Rate in France: 1970 to 2010 “Americans today are alarmed that unemployment has stayed around 9 percent for so long. But such unemployment rates have been common for years in Western European welfare states that have followed policies similar to policies being followed currently by the Obama administration (see chart above of the jobless rate in France). Those European welfare states have not only used the taxpayers’ money to hand out “free” benefits to particular … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Campbell Soup Posted: 30 Aug 2011 12:15 PM PDT Campbell Soup Co. (NYSE:CPB) is scheduled to report its fourth-quarter 2011 financial results on September 2, 2011. The current Zacks Consensus Estimate for the quarter is earnings of 37 cents a share. This represents a year-over-year growth of 12.2% Third-Quarter 2011, Summary Campbell Soup Co. reported fiscal 2011 third-quarter adjusted earnings of 57 cents per share, beating the Zacks Consensus Estimate of 52 cents a share and year-ago results of 54 cents per share. During the quarter, net … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Up In U.S. Trade Posted: 30 Aug 2011 12:10 PM PDT Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Tuesday after the release of U.S. data on CB Consumer Confidence. USD/CAD was trading at 0.9779, up 0.09% at time of writing. The pair was likely to find support at 0.9741, Monday's low, and resistance at 0.9924, Friday's high. Earlier in the day, data showed that CB consumer confidence in the U.S. fell more-than-expected to a seasonally adjusted 44.5 last month from 59.2 in the preceding month whose figure was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Scorecard: Big Lots Posted: 30 Aug 2011 12:05 PM PDT Big Lots Inc. (NYSE:BIG), which operates as a broad line closeout retailer in the United States, recently posted second-quarter 2011 results, and updated its fiscal 2011 earnings outlook. Street analysts had nearly a week to ponder over the company's scores. In the paragraphs that follow, we cover the recent earnings announcement, subsequent estimate revisions by the analysts as well as the Zacks Rank and long-term recommendation for the stock. Earnings Report Review Columbus, Ohio based … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Telefonica Remains Neutral Posted: 30 Aug 2011 12:05 PM PDT We are maintaining our long-term Neutral recommendation on Spanish telecom giant Telefonica (NYSE:TEF). For the short term (1–3 months), the stock retains a Hold rating with a Zacks #3 Rank. We believe continued investments in the expansion of broadband services (both fixed and wireless) are expected to offset some of the difficulties emerging from the depressed domestic market. The weak Spanish market has resulted in customers switching to cheaper offers from Telefonica's competitors. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Israel Central Bank Holds Benchmark Rate At 3.25% Posted: 30 Aug 2011 11:52 AM PDT The Bank of Israel maintained its benchmark interest rate steady at 3.25%.  The Bank noted: “The decision to leave the interest rate for September at 3.25 percent is consistent with the process of returning the inflation rate to within the target price-stability range of 1–3 percent a year within the next twelve months, and with supporting economic growth while maintaining financial stability.  The future direction of changes in the interest rate will be dependent on the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Talking On The Phone Is Down 15%, Texting Is Up Posted: 30 Aug 2011 11:46 AM PDT HUFF POST TECH — “According to new data from J.D. Power, a consumer research and marketing company, Americans are now talking on their cellphones over an hour less per month than in 2009. J.D. Power writes in a press release for its 2011 Wireless Network Quality Performance study: Wireless usage patterns continue to evolve, as fewer calls are being made or received. On average, wireless customers use 450 minutes per month, a decline of 77 minutes from 527 in 2009. Customers are using their … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down In U.S. Trading Hours Posted: 30 Aug 2011 11:45 AM PDT Forexpros – The Euro was lower against the U.S. Dollar on Tuesday after the release of U.S. data on CB Consumer Confidence. EUR/USD was trading at 1.4448, down 0.43% at time of writing. The pair was likely to find support at 1.4328, Thursday's low, and resistance at 1.4549, Monday's high. Earlier in the day, data showed that CB consumer confidence in the U.S. fell more-than-expected to a seasonally adjusted 44.5 last month from 59.2 in the preceding month whose figure was revised down … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crowd Forms Around CoreLogic Call Options Posted: 30 Aug 2011 11:39 AM PDT Crowd forms around CoreLogic call options Today's tickers: CLGX, XLY, JDSU & FNF (CLGX) – CoreLogic, Inc. – Options volume on the provider of business support services has ballooned to more than twice the number of existing positions on the stock, with calls changing hands more than 20 times for each single put option in action. The spike in demand for calls is no surprise given the 28.6% rally in CoreLogic's shares to $11.30 today, on news the company hired Greenhill & Co. to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Afren Sets Sights On Forthcoming Drilling Campaign Posted: 30 Aug 2011 05:24 AM PDT Shares in FTSE 250 oil and gas group Afren (LON:AFR) rose by 4.5% to 99.8p today on news that it was close to starting an exploration drilling campaign targeting up to 930 million barrels of oil equivalent (boe) of net prospective resources. Later in 2011, wells are due to be drilled on Afren's licences in East and West Africa as well as on its recently-acquired land holdings in the Kurdistan region of Iraq. Reporting its figures for the six months to June, the Africa and Middle East focused … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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