DailyMarkets.com - Starwood Expands Sheraton In Turkey |
- Starwood Expands Sheraton In Turkey
- U.S. Cellular Offers New Smartphone
- CVS Sanctions Share Repurchase
- Australian Dollar: Technical Rebound In A Bearish Trend
- Canadian Dollar: Technical Rebound In A Bearish Trend
- Vicor Technologies’ Q2 2011 Financials
- Apple Slips On “Jobs” Loss
- Crude Oil Futures Turn Lower After U.S. Jobless Claims Rise
- Suntech Wins Solar Panels Order
- Par Pharma Targets Anchen Pharma
- After Failed Triangle Breakout To The Upside; USD/CAD Is Sliding Sharply Into A Larger Triangle
- Seven Wonders Of Botox
- Stock Market News Briefs: American Eagle Outfitters, Dycom Industries, Google, Multi-Fineline Electronix, Triangle Capital Corporation
- On Jobs, Jobless Claims & Jackson Hole
- TiVo Beats Estimates, Loss Widens
- Forex – USD/CAD Hits 1-week Low Following Jobless Data
- Steve Jobs: America’s Greatest Failure
- Dollar Mixed As Hopes For Jackson Hole Solution Fade
- Japanese Yen: Under Pressure
- Swiss Franc: The Downside Prevails
- British Pound: Under Pressure
- Euro: The Downside Prevails
- Photo Of The Day: The 2011 VA Earthquake
- Forex – EUR/JPY Trims Gains After Rise In U.S. Jobless Claims
- Gold Should Lighten Up At Critical Support Level; But 3 Black Crows Suggest Further Correction
- Two Spanish Contracts For FWLT
- BHP Revs Up, Misses Estimate
- Waiting For Wikipedia Or Superstar University
- U.S. Stock Futures Dip On Jobless Data, Apple; Dow Sheds 0.15%
- Neutral On Kansas City Southern
- Krispy Kreme Grows In Japan
- U.S. Initial Jobless Claims Rise Unexpectedly
- Crude Oil Outlook Clouded By Shrinking Volumes, Gold Under Pressure
- Forex – Dollar Steady Against Rivals As Fed Speech In Focus
- Pre-NY Open Top Stories: Gold Extends Decline, UK Data Soft, Greece Issues Still Bubbling
- Forex – GBP/USD Erases Gains After Weak U.K. Data
- Forex – EUR/USD Rangebound As Bernanke Speech Awaited
- Sugar Futures Tumble On Speculation Of Ample Global Supplies
- Forex – EUR/GBP Off Intra-day Low After Dismal U.K. CBI Data
| Starwood Expands Sheraton In Turkey Posted: 25 Aug 2011 08:05 AM PDT Recently, Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) has inked a deal with Serka Turizm A.S, an affiliate of Adali Holding, to open a Sheraton hotel in Turkey. Starwood plans to open more than 65 Sheraton hotels around the world over the next three years.
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| U.S. Cellular Offers New Smartphone Posted: 25 Aug 2011 08:05 AM PDT United States Cellular Corp. (NYSE:USM), a subsidiary of Telephone and Data Systems Inc. (NYSE:TDS) is scheduled to unveil its latest smartphone offering, BlackBerry Torch 9850 smartphone on Aug. 26, 2011. The product is priced at $199.99 and includes a rebate of $100 as well as a data plan.
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| CVS Sanctions Share Repurchase Posted: 25 Aug 2011 07:35 AM PDT The leading provider of prescriptions and related health care services, CVS Caremark Corporation (NYSE:CVS) recently announced a share buy back program worth $4.0 billion in order to enhance its shareholders' value. Under the new authorization, the company plans to repurchase shares worth approximately $1 billion by the end of 2011. CVS also expects to complete its $2 billion share repurchase program, which was authorized in June 2010, by the end of this year.
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| Australian Dollar: Technical Rebound In A Bearish Trend Posted: 25 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: 25 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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| Vicor Technologies’ Q2 2011 Financials Posted: 25 Aug 2011 07:10 AM PDT Brian Marckx, CFA Q2 2011 Financial Results Vicor Technologies, Inc (VCRT) filed its 10-Q for the second quarter ending June 30, 2011 on August 22nd. Revenue of $139k came in lower than our $279 estimate. However, gross margin held up strong at 48% compared to our 47% estimate. Q2 EPS was ($0.00) compared to our ($0.01) estimate. The majority of the difference due to a larger than anticipated gain related to valuation of embedded derivatives in the company’s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 25 Aug 2011 07:05 AM PDT Apple Inc. (AAPL) shares slipped $19.08 (5.07%) to $357.10 in after hours trading, following the resignation of its maverick Chief Executive Officer (CEO) Mr. Steve Jobs. Subsequently, Apple announced that Chief Operating Officer (COO) Mr. Tim Cook will serve as the full-time CEO.
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| Crude Oil Futures Turn Lower After U.S. Jobless Claims Rise Posted: 25 Aug 2011 07:04 AM PDT Forexpros – Crude oil futures erased gains on Thursday, retreating from a daily high after official data showed that U.S. jobless claims rose unexpectedly last week, while market focus remained on Friday’s highly-anticipated speech by Federal Reserve Chairman Ben Bernanke. <br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in October traded at USD84.94 a barrel during U.S. morning trade, edging down … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Suntech Wins Solar Panels Order Posted: 25 Aug 2011 07:00 AM PDT Solar panels maker Suntech Power Holdings Co. Ltd. (NYSE:STP) has signed a deal with SunPeak Solar LLC to supply 28.7MW (DC) of solar panels for a 23MW (AC) solar power plant in Niland, California. California-based SunPeak Solar said its subsidiary Imperial Valley Solar Company (IVSC) 1 LLC will supervise the progress on Suntech's installations.
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| Par Pharma Targets Anchen Pharma Posted: 25 Aug 2011 07:00 AM PDT Par Pharmaceutical Companies Inc. (NYSE:PRX) recently announced that it has entered into a definitive agreement to acquire Anchen Pharmaceuticals for $410 million in cash. The transaction, which is expected to close by the end of the year, will be immediately accretive to the earnings of 2011.
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| After Failed Triangle Breakout To The Upside; USD/CAD Is Sliding Sharply Into A Larger Triangle Posted: 25 Aug 2011 06:48 AM PDT Previous: USD/CAD Trying to Break Triangle to the Upside (8/23) The USD/CAD failed the breakout attempt to the upside Monday and Tuesday. Wednesday, it fell and invalidated the upside breakout. Thursday US session, it plunges to 0.98, below the 78.6% retracement level of a swing from 0.9775 to 0.9938.
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| Posted: 25 Aug 2011 06:36 AM PDT Allergan Inc. (NYSE:AGN) recently received a major boost with the US Food and Drug Administration (FDA) approving Botox for the treatment of neurogenic overactive bladder. The drug can be used in adults with a neurologic condition like spinal cord injury or multiple sclerosis, who have not responded adequately to, or, are intolerant to anticholinergic medication (current standard of care).
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| Posted: 25 Aug 2011 06:36 AM PDT Retailer American Eagle Outfitters Inc.'s (NYSE:AEO) shares declined 8.78% to $10.60 after the teen-clothing retailer lowered its earnings outlook for the year 2012 US listed shares of beer maker Heineken NV (PINK:HINKY) fell 6.53% after the brewer revealed that its profit for 2011 is unlikely to grow Share prices of semiconductor manufacturer Inphi Corporation (IPHI) fell 31.43% after the company lowered its outlook for the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| On Jobs, Jobless Claims & Jackson Hole Posted: 25 Aug 2011 06:36 AM PDT Stocks may find it hard to sustain the gains of the last few days given the soft weekly Jobless Claims numbers this morning. A major contributor to this week’s gains has been the growing expectation that Ben Bernanke will come out with something helpful in his Jackson Hole speech on Friday. And in that line of thinking, a weak labor market report increases the odds of something positive from the Fed Chief. I am very skeptical of this view. In fact, given these expectations, the market will … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| TiVo Beats Estimates, Loss Widens Posted: 25 Aug 2011 06:36 AM PDT TiVo Inc.(NASDAQ:TIVO), a developer of advanced television services including digital video recorders (DVR), reported loss per share of 17 cents in the second quarter of 2012, narrower than the Zacks Consensus Estimate of a loss of 20 cents. However, the reported loss widened from the year-ago quarter's loss of 13 cents per share.
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| Forex – USD/CAD Hits 1-week Low Following Jobless Data Posted: 25 Aug 2011 06:34 AM PDT Forexpros – The U.S. dollar was down against its Canadian counterpart on Thursday, hitting a one-week low following the release of weaker-than-expected data on U.S. jobless claims, while markets looked ahead to Friday’s highly-anticipated speech by Federal Reserve Chairman Ben Bernanke. <br /><br />USD/CAD hit 0.9809 during U.S. morning trade, the lowest since August 18; the pair subsequently consolidated at 0.9821, slumping 0.51%.<br /><br />The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Steve Jobs: America’s Greatest Failure Posted: 25 Aug 2011 06:31 AM PDT Example of one of Steve Jobs’ epic, bonehead failures: Nick Schulz writing in today’s National Review Online: “Lots of digital ink will be spilled about Steve Jobs in the coming days, most of it focusing on his truly marvelous successes. It's better to focus on his failures. Jobs failed better than anyone else in Silicon Valley, maybe better than anyone in corporate America. By that I mean Jobs did what only the greatest entrepreneurs can do: learn from their failures. I … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Dollar Mixed As Hopes For Jackson Hole Solution Fade Posted: 25 Aug 2011 06:25 AM PDT Two stimulus-driven stories are shaping up events on Wall Street on the eve of Bernanke's Jackson Hole address. "Don't expect Bernanke to offer more support for the economy," is the warning from former Soros advisor, Richard Medley. He says that rear-view inflation resulting from the first two waves of quantitative easing have created resistance among FOMC members to doing more. But better-targeted relief could be on its way according to a New York Times article characterizing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 25 Aug 2011 06:19 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Swiss Franc: The Downside Prevails Posted: 25 Aug 2011 06:19 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 25 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: 25 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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| Photo Of The Day: The 2011 VA Earthquake Posted: 25 Aug 2011 06:10 AM PDT Featured by Dennis Gartman in today’s The Gartman … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/JPY Trims Gains After Rise In U.S. Jobless Claims Posted: 25 Aug 2011 06:10 AM PDT Forexpros – The euro trimmed gains against the yen on Thursday, following the release of worse-than-expected data on U.S. jobless claims and amid uncertainty ahead of a speech by Federal Reserve Chairman Ben Bernanke on Friday.<br /><br />EUR/JPY pulled back from 111.63, the pair’s highest since August 8 to hit 111.14 during European afternoon trade, still up 0.18% over the day.<br /><br />The pair was likely to find support at 110.00, the low of August 22 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Gold Should Lighten Up At Critical Support Level; But 3 Black Crows Suggest Further Correction Posted: 25 Aug 2011 06:08 AM PDT Prev: Gold and Silver Sees Outside Bars Developing in Their Daily Charts (8/23) Gold went from record high to having a record single day loss on Wednesday. Thursday, having slid more than $200 it is at a critical support on it's third day of decline. Let's take a look at some technical conditions of XAU/USD after such a tremendous plunge. When gold reached the 1911.60 record high, it did it in a very sharp manner, in a throw-over above a rising channel.
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| Two Spanish Contracts For FWLT Posted: 25 Aug 2011 06:05 AM PDT Global Power Group of Foster Wheeler AG (NASDAQ:FWLT) has received two contracts to provide solar steam generator systems to two different solar projects in Spain. The first contract is with an Engineering, Procurement and Construction (EPC) contractor, UTE Africa Solar, for the La Africana Solar Thermal Power Plant, located in Fuente Palmera (Cordoba, Spain). As per the first contract, Foster Wheeler will provide for a single 50 MWe train thermal plant steam generating components (feedwater … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 25 Aug 2011 06:05 AM PDT BHP Billiton Ltd. (NYSE:BHP) has reported strong financial results for full year ended June 30, 2011 with net income (excluding special items) of $23.6 billion, almost double from $12.7 billion for full year ended June 30, 2010. Earnings per ADR, excluding special items, also grew to $4.27 from $2.28 a year ago. The EPS was however below the Zacks Consensus Estimate of $7.16.
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| Waiting For Wikipedia Or Superstar University Posted: 25 Aug 2011 05:57 AM PDT From the NY Times article “Online Enterprises Gain Foothold as Path to a College Degree” “Harvard and Ohio State are not going to disappear any time soon. But a host of new online enterprises are making earning a college degree cheaper, faster and flexible enough to take work experience into account. As Wikipedia upended the encyclopedia industry and iTunes changed the music business, these businesses have the potential to change higher education. Most experts agree that given the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| U.S. Stock Futures Dip On Jobless Data, Apple; Dow Sheds 0.15% Posted: 25 Aug 2011 05:43 AM PDT Forexpros – U.S. stock futures pointed to a lower open on Thursday, following the release of weaker-than-expected data on first time jobless claims, while shares in Apple came under pressure after co-founder Steve Jobs resigned.<br /><br />Ahead of the open, the Dow Jones Industrial Average futures pointed to loss of 0.15%, the S&P 500 futures indicated a drop of 0.2%, while the Nasdaq 100 futures showed a 0.55% decline. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Neutral On Kansas City Southern Posted: 25 Aug 2011 05:35 AM PDT Kansas City Southern (NYSE:KSU) reported excellent financial results in the second quarter of 2011. In the last quarter, 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 Kansas City Southern to perform fabulously.
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| Posted: 25 Aug 2011 05:35 AM PDT Krispy Kreme Doughnuts Inc. (NYSE:KKD) recently announced that it has entered into a development agreement with its Japanese franchisee, Krispy Kreme Doughnut Japan Co. Ltd., for expanding in Japan. Per the deal, franchisee will develop and operate 73 new restaurants in the Kanto, Kansai and Chubu regions of Japan in the coming five years. The terms of the deal were not yet disclosed.
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| U.S. Initial Jobless Claims Rise Unexpectedly Posted: 25 Aug 2011 05:35 AM PDT Forexpros – The number of people who filed for unemployment assistance in the U.S. last week rose unexpectedly, official data showed on Thursday. <br /><br />In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending August 19 rose by 5,000 to a seasonally adjusted 417,000, confounding expectations for a decline to 405,000. <br /><br />The previous week’s figure was revised up to 412,000 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Crude Oil Outlook Clouded By Shrinking Volumes, Gold Under Pressure Posted: 25 Aug 2011 05:13 AM PDT Talking Points Crude Oil Outlook Murky as Shrinking Volumes Produce Erratic Trade WTI Crude Oil (NY Close): $85.16 // -0.28 // -0.33%
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| Forex – Dollar Steady Against Rivals As Fed Speech In Focus Posted: 25 Aug 2011 05:08 AM PDT Forexpros – The U.S. dollar was steady against its major counterparts in subdued trade on Thursday, as investors waited to see if the Federal Reserve is contemplating a third round of monetary stimulus measures.<br /><br />During European afternoon trade, the greenback was down against the euro, with EUR/USD rising 0.17% to hit 1.4439.<br /><br />Earlier Thursday, a report showed that the Gfk German consumer climate index for September dipped to 5.2 from a final … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Pre-NY Open Top Stories: Gold Extends Decline, UK Data Soft, Greece Issues Still Bubbling Posted: 25 Aug 2011 04:46 AM PDT Gold Extends Sharp Retracement
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| Forex – GBP/USD Erases Gains After Weak U.K. Data Posted: 25 Aug 2011 04:45 AM PDT Forexpros – The pound erased gains against the U.S. dollar on Thursday, pulling back from the daily high following industry data showing that retail sales in the U.K. fell at their fastest pace in over a year last month.<br /><br />GBP/USD pulled back from 1.6997, the daily high to hit 1.6365 during European afternoon trade, dipping 0.05%.<br /><br />Cable was likely to find short-term support at 1.6322, the low of August 16 and resistance at 1.6533, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/USD Rangebound As Bernanke Speech Awaited Posted: 25 Aug 2011 04:12 AM PDT Forexpros – The euro was higher against the U.S. dollar on Thursday, but the pair looked likely to remain rangebound as investors remained focused on speech by U.S. Federal Reserve Chairman Ben Bernanke on Friday.<br /><br />EUR/USD hit 1.4475 during European early afternoon, the daily high; the pair subsequently consolidated at 1.4442, rising 0.20%.<br /><br />The pair was likely to find support at 1.4270, the low of August 18 and short-term resistance at 1.4499, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Sugar Futures Tumble On Speculation Of Ample Global Supplies Posted: 25 Aug 2011 03:55 AM PDT Forexpros – Sugar futures were down sharply for a second day on Thursday, hitting a one-week low amid speculation increased production in Europe and Asia would compensate for production losses in Brazil, the world’s largest producer. <br /><br />On the ICE Futures U.S. Exchange, sugar futures for October delivery traded at USD0.2897 a pound during European morning trade, tumbling 2.83%.<br /><br />It earlier fell as much as 2.92% to trade … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/GBP Off Intra-day Low After Dismal U.K. CBI Data Posted: 25 Aug 2011 03:29 AM PDT Forexpros – The euro eased off an intra-day low against the pound in quiet trade on Thursday, following an industry report showing that retail sales in the U.K. fell at their fastest pace in over a year.<br /><br />EUR/GBP pulled back from 0.8803, an intra-day low to hit 0.8815 during European late morning trade, up 0.12% over the day.<br /><br />The pair was likely to find support at 0.8726, Wednesday’s low and resistance at 0.8834, the days high and a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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