DailyMarkets.com - Stock Tip: Be Worried. Workers Are Consumers. |
- Stock Tip: Be Worried. Workers Are Consumers.
- European Bank Run Continues
- Gold Spotlight: Jennifer Ropiak, NYSE Liffe US
- 5 Stocks To Watch Next Week
- Hot Option Plays: High Anxiety
- AIG Repays Part Of Bailout Package
- Northern Trust Prices Sr Notes
- Earnings Preview: Medtronic
- More Records For N. Dakota’s Booming Oil Economy
- Closing Bell Market Monitor
- Earnings Preview: Earnings Season Almost Done
- VLO Memphis Unit To Partly Resume
- DuPont Raises Product Prices
- Chilean Central Bank Holds Interest Rate At 5.25%
- Forex – EUR/USD Up At The End Of U.S. Session
- Human Genome Evenly Poised
- Forex – GBP/USD Down At The End Of U.S. Session
- Sri Lankan Central Bank Holds Repo Rate At 7.00%
- Forex – USD/JPY Down At The End Of U.S. Session
- Pockets Of Laughs
- Risk, Reward Balance Rowan
- BRE Properties Remains Neutral
- Central Bank Of Colombia Holds Interest Rate At 4.50%
- Monetary Authority Of Singapore Confirms Policy Stance
- EA Launches The Sims On Facebook
- Natural Gas Stockpiles Up 50 Bcf
- Dollar Tree Strong, Guides High
- Mr. Buffett, His Secretary, And Financial Literacy
- U.S. Markets Close Lower; Dow Jones Down 1.57%
- Merck-Ariad Drug Under EU Review
- Earnings Scorecard: J.C. Penney
- GD Led Team Wins $440M Contract
- Raytheon Builds SOA Systems
- PG&E, EnXco In Power Supply Deal
- WellPoint Increases Lobbying Cost
- Forex Trading: NZDUSD Moves Toward Key 100 Day MA And Fibo Retracement Level.
- Gold Futures Ease From Record High In U.S. Trade
- Hot Option Plays: Markets Melt Up & Down
- Forex – USD/CAD Down In U.S. Trade
- Looming Layoffs At BofA
- Par Pharma, IPCI Expand Deal
- Syneron Tanda Luxe LED Cleared
- Gap A Penny Ahead, Sales Disappoint
- Solid Revs Drive Salesforce’s 2Q
- Forex – USD/JPY Rebounds From Record Low In U.S. Trade
- Forex Trading: USDCHF Moves Above Intraday Resistance. Dollar Better Bid
- Is Business Choking On Red Tape?
| Stock Tip: Be Worried. Workers Are Consumers. Posted: 19 Aug 2011 04:53 PM PDT Repeat after me: Workers are consumers. Consumers are workers.
|
| Posted: 19 Aug 2011 04:18 PM PDT The reason for the August crash was at old fashion bank run, a modern day silent but deadly run on funds out of European banks. Nothing to do with SP downgrade of USA. Gold, Swiss franc, M1 in USA all on the rise. Blog readers new of this before the crash as we posted here : A reason for the August stock market crash, Oct pending Here is more … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Gold Spotlight: Jennifer Ropiak, NYSE Liffe US Posted: 19 Aug 2011 04:00 PM PDT 08/19/11 Jennifer Ropiak, VP at NYSE Liffe US, discusses soaring gold prices and how to participate in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 19 Aug 2011 03:59 PM PDT ( click to enlarge ) Hansen Natural Corporation (NASDAQ:HANS) is flagging right here. If we get a breakout from that flag, this stock could see higher prices quickly. ( click to enlarge ) Eastman Kodak Company (NYSE:EK) has had a strong move up to this point and could be consolidating here before making another move. Definitely one to keep a watch next week. ( click to enlarge ) The MACD histogram shows a short term bullish bias. RSI and MFI are both turning up in oversold … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Hot Option Plays: High Anxiety Posted: 19 Aug 2011 03:17 PM PDT Cusick’s Corner
|
| AIG Repays Part Of Bailout Package Posted: 19 Aug 2011 03:05 PM PDT Yesterday, American International Group Inc. (NYSE:AIG) paid $2.15 billion to the U.S. Treasury Department towards part-repayment of the $182 billion it had received from the U.S. Government under the bailout package during the 2008 financial crisis.
|
| Northern Trust Prices Sr Notes Posted: 19 Aug 2011 03:05 PM PDT On Wednesday, Northern Trust Corporation (NASDAQ:NTRS) announced that it has priced its $500 million total principal amount of unsecured senior notes due in 2021.
|
| Posted: 19 Aug 2011 03:05 PM PDT Leading medical devices company Medtronic (NYSE:MDT) is expected to report its first quarter fiscal 2012 results before the market opens on Tuesday, August 23, 2011. The company is expected to earn an EPS of 79 cents on revenues of $3.991 billion during the quarter according to the Zacks Consensus Estimate.
|
| More Records For N. Dakota’s Booming Oil Economy Posted: 19 Aug 2011 02:55 PM PDT State Employment, Top 10 by Annual % Increase State 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. The BLS released … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 19 Aug 2011 02:45 PM PDT 08/19/11 The major US stock averages shed over -4% for the week. Wall Street posted the worst 4-week decline since March of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Earnings Preview: Earnings Season Almost Done Posted: 19 Aug 2011 02:35 PM PDT Earnings Preview 8/19/11 Second quarter earnings season is almost over. Mostly we are down to the retailers, many of which have fiscal quarters ending in July, not June, but there are a few significant non-retailers that will report this week as well. There will be just 90 firms reporting, but 7 of those are in the S&P 500. By next Friday afternoon, almost 99% of the S&P 500 will have reported. So far, earnings season has been very strong with seven S&P 500 firms reporting … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| VLO Memphis Unit To Partly Resume Posted: 19 Aug 2011 02:35 PM PDT Valero Energy Corp. (NYSE:VLO) is in the process of restarting units in the Memphis, Tennessee refinery, which abandoned operations earlier this month due to a fire in one of the crude distillation units.
|
| Posted: 19 Aug 2011 02:35 PM PDT DuPont Titanium Technologies, a subsidiary of EI DuPont de Nemours & Co. (NYSE:DD), announced net price increase of $500 per metric ton for all DuPont Ti-Pure titanium dioxide grades (TiO2) sold in Asia Pacific, effective October 1, 2011.
|
| Chilean Central Bank Holds Interest Rate At 5.25% Posted: 19 Aug 2011 02:16 PM PDT The Banco Central de Chile held its monetary policy interest rate unchanged at 5.25%. The Bank noted concerns about the global environment, including slower growth in the EU and US, as well as and increase in “financial volatility and risk aversion”. On its own economy the Bank said: “Domestically, output, demand and labor market figures are evolving strongly and are showing signs of moderation at the margin. However, in the case of product and demand,such … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – EUR/USD Up At The End Of U.S. Session Posted: 19 Aug 2011 02:10 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4393, up 0.42% at time of writing.<br/><br/> The pair was likely to find support at 1.4260, today’s low, and resistance at 1.4518, Wednesday’s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.73% to hit 0.8742 and EUR/JPY rising 0.39% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 19 Aug 2011 02:05 PM PDT We are maintaining our Neutral recommendation on Human Genome Sciences Inc. (NASDAQ:HGSI) with a target price of $16.00.
|
| Forex – GBP/USD Down At The End Of U.S. Session Posted: 19 Aug 2011 02:05 PM PDT Forexpros – The British Pound was lower against the U.S. Dollar on Friday.<br/><br/> GBP/USD was trading at 1.6467, down 0.30% at time of writing.<br/><br/> The pair was likely to find support at 1.6257, Monday’s low, and resistance at 1.6618, today’s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.73% to hit 0.8742 and GBP/JPY falling 0.33% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Sri Lankan Central Bank Holds Repo Rate At 7.00% Posted: 19 Aug 2011 02:03 PM PDT The Central Bank of Sri Lanka maintained its benchmark repurchase rate unchanged at 7.00%, and also held the reverse repurchase rate at 8.50%, and the Statutory Reserve Ratio at 8%. The Bank said: ”with the continuous improvements in the supply of most food items, inflation is expected to moderate in the coming months,” and further noted that “the central bank will continue to closely monitor the growth of monetary aggregates and will implement appropriate measures if … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex – USD/JPY Down At The End Of U.S. Session Posted: 19 Aug 2011 02:00 PM PDT Forexpros – The U.S. Dollar was lower against the Japanese Yen on Friday.<br/><br/> USD/JPY was trading at 76.55, down 0.03% at time of writing.<br/><br/> The pair was likely to find support at 75.97, today’s low, and resistance at 77.08, Monday’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.42% to hit 1.4393 and GBP/USD falling 0.30% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 19 Aug 2011 01:55 PM PDT I must admit I didn’t see this Walt Handelsman cartoon the first time around, but it’s just as relevant (and humorous) as it was a year ago. (Hat tip to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 19 Aug 2011 01:50 PM PDT We are maintaining our long-term Neutral recommendation for Rowan Companies Inc. (NYSE:RDC). The company's strategic initiatives as well as improving fundamentals in the North Sea keep us optimistic, with a volatile macro backdrop along with operational hindrances being dampeners.
|
| BRE Properties Remains Neutral Posted: 19 Aug 2011 01:50 PM PDT We reiterate our Neutral recommendation on BRE Properties Inc. (NYSE:BRE) as we expect the stock to perform in line with the broader market. The company reported second quarter 2011 funds from operations (FFO) of $34.9 million or 49 cents per share versus $28.9 million or 46 cents per share in the year-earlier quarter.
|
| Central Bank Of Colombia Holds Interest Rate At 4.50% Posted: 19 Aug 2011 01:50 PM PDT The Central Bank of Colombia held its benchmark monetary policy interest rate unchanged at 4.50%. The Bank said: ”The board considered it prudent to pause in interest rate increases, especially given the high uncertainty in international financial markets and their potential negative effect on the growth of the world economy in general, and Colombia in particular,”. On its own economy, the Bank said (translated): “the Colombian economy maintained good growth, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Monetary Authority Of Singapore Confirms Policy Stance Posted: 19 Aug 2011 01:37 PM PDT The Monetary Authority of Singapore confirmed its monetary policy stance and position in regards to recent market movements in the SOR. The MAS noted: “In response to media queries on recent market movements in the SGD Swap Offer Rate (SOR), the MAS spokesperson reiterated that interest rates in Singapore are market-determined and that the current monetary policy stance, announced in April 2011, remains appropriate.” The MAS also noted: “Singapore’s domestic money markets … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| EA Launches The Sims On Facebook Posted: 19 Aug 2011 01:35 PM PDT Videogame developer and publisher, Electronic Arts Inc. (NASDAQ:ERTS), popularly known as EA, recently launched its successful franchise The Sims on Facebook. The Facebook version of the game is called The Sims Social.
|
| Natural Gas Stockpiles Up 50 Bcf Posted: 19 Aug 2011 01:35 PM PDT The U.S. Energy Department’s weekly inventory release showed a slightly larger-than-expected build-up in natural gas supplies, as declining temperatures led to a considerable drop in consumption of natural gas for power generation.
|
| Dollar Tree Strong, Guides High Posted: 19 Aug 2011 01:35 PM PDT Dollar Tree Inc. (NASDAQ:DLTR) posted strong fiscal 2011 second-quarter earnings of 77 cents a share, up 26.2% from the year-ago earnings of 61 cents a share, ahead of the Zacks Consensus Estimate of 75 cents a share.
|
| Mr. Buffett, His Secretary, And Financial Literacy Posted: 19 Aug 2011 01:21 PM PDT I've long admired Warren Buffett and still do. I've heard him tell many times how his secretary pays a larger percentage of her small income on taxes than he pays on his large income. Sometimes he elaborates; sometimes he doesn't. When he doesn't, he does a great disservice to the cause of financial literacy in this country and, inadvertently, I'm sure, stokes the embers of class resentment. This is not a good time to be doing that.
|
| U.S. Markets Close Lower; Dow Jones Down 1.57% Posted: 19 Aug 2011 01:15 PM PDT Forexpros – U.S. stocks were down after the closing bell on Friday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average fell 1.57%, the S&P 500 index shed 1.50%, while the Nasdaq 100 index declined 1.68%.<br/><br/> Meanwhile, across the Atlantic, European stock markets closed lower. France’s CAC 40 was down 1.92%; Germany’s DAX shed 2.19%; Britain’s FTSE 100 declined 1.01%; and the EURO STOXX 50 fell … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Merck-Ariad Drug Under EU Review Posted: 19 Aug 2011 12:55 PM PDT Merck & Co. Inc. (NYSE:MRK) and Ariad Pharmaceuticals Inc. (NASDAQ:ARIA) recently announced that the European Medicines Agency (EMA) has completed the validation process and accepted their marketing authorization application (MAA) for ridaforolimus for review. The companies are looking to get ridaforolimus approved as a treatment for metastatic soft-tissue or bone sarcomas in patients who responded favorably to chemotherapy.
|
| Earnings Scorecard: J.C. Penney Posted: 19 Aug 2011 12:55 PM PDT J.C. Penney Company Inc. (NYSE:JCP), a leading retailer of apparel and footwear, accessories, fashion jewelry, beauty products and home furnishings, recently posted second-quarter 2011 results.
|
| GD Led Team Wins $440M Contract Posted: 19 Aug 2011 12:35 PM PDT General Dynamics (NYSE:GD) teamed up with major defense contractors and received a contract worth $439.7 million for the technology development of the U.S. Army’s Ground Combat Vehicle ("GCV") Infantry Fighting Vehicle ("IFV") program.
|
| Posted: 19 Aug 2011 12:35 PM PDT Raytheon Company (NYSE:RTN) is developing a Service-Oriented Architecture (SOA) that enables rapid integration of weapons and sensors with a framework that is capable of providing unmanned aircraft systems ("UAS").
|
| PG&E, EnXco In Power Supply Deal Posted: 19 Aug 2011 12:35 PM PDT Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), has entered into a 25-year Power Purchase Agreement with enXco. Per the deal, PG&E will purchase the power generated from the Shiloh IV Wind Project owned, built and developed by enXco. The Wind Project is subject to the approval of the California Public Utility Commission.
|
| WellPoint Increases Lobbying Cost Posted: 19 Aug 2011 12:35 PM PDT WellPoint Inc. (NYSE:WLP) spent $1.3 million on lobbying in the second quarter of 2011, up 17% from the year-ago quarter, but a 3% decline from the first quarter of the year. Most of the lobbying was centered on the health-care overhaul bill announced by the U.S. Government, which has been a cause for anxiety among health insurance companies.
|
| Forex Trading: NZDUSD Moves Toward Key 100 Day MA And Fibo Retracement Level. Posted: 19 Aug 2011 12:31 PM PDT In an earlier post, I warned of a move below the 100 bar MA and the 50% retracement. The price looked to hold against these key intraday levels (see chart above), but succumbed to the downside. The price is now down testing the 100 day MA and the 38.2% retracement of the move up from the March 2011 low. Those levels come in at the 0.8182 and 0.8156 levels respectively. The low has reached 0.8170 level – at the lows for the day and week. Not a good ending for the risk currency … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Gold Futures Ease From Record High In U.S. Trade Posted: 19 Aug 2011 12:20 PM PDT Forexpros – <p style=”font: normal normal normal 12px/normal Helvetica; margin: 0px”><span style=”letter-spacing: 0px”>Forexpros – Gold futures jumped to an all-time in U.S. trade Friday before paring gains, as dealers shied away from volatile equity markets in light of heightened fears of a global economic slowdown.</span></p> <p style=”font: normal normal normal 12px/normal Helvetica; min-height: 14px; margin: 0px”> </p> <p … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Hot Option Plays: Markets Melt Up & Down Posted: 19 Aug 2011 12:18 PM PDT Cusick’s Corner
|
| Forex – USD/CAD Down In U.S. Trade Posted: 19 Aug 2011 12:10 PM PDT Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Friday after the release of Canadian data on CPI.<br/><br/> USD/CAD was trading at 0.9898, down 0.08% at time of writing.<br/><br/> The pair was likely to find support at 0.9775, Wednesday’s low, and resistance at 0.9938, Thursday’s high.<br/><br/> Earlier in the day, official data showed that Consumer price inflation in Canada rose to a seasonally adjusted 0.2% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Posted: 19 Aug 2011 12:05 PM PDT Bank of America Corp. (NYSE:BAC) is planning to retrench 3,500 workers this quarter as the company is fraught with its $1 trillion problem-loan portfolio. The ongoing economic and market instability further compounded the quandary.
|
| Posted: 19 Aug 2011 12:05 PM PDT Par Pharmaceutical Companies Inc. (NYSE:PRX) and Intellipharmaceutics International Inc. (IPCI) recently announced the expansion of their collaboration for the development and commercialization of additional strengths of their generic version of Focalin XR (dexmethylphenidate hydrochloride). The agreement covers only the US market.
|
| Syneron Tanda Luxe LED Cleared Posted: 19 Aug 2011 12:05 PM PDT Aesthetic products company Syneron Medical (NASDAQ:ELOS) has won the 510(k) clearance of the U.S. Food and Drug Administration ("FDA") to market its new Tanda Luxe Light Emitting Diode ("LED").
|
| Gap A Penny Ahead, Sales Disappoint Posted: 19 Aug 2011 12:05 PM PDT Gap Inc.'s (NYSE:GPS) second-quarter 2011 earnings of 35 cents per share declined 2.8% from last year's 36 cents per share, but were a penny ahead of the Zacks Consensus Estimate.
|
| Solid Revs Drive Salesforce’s 2Q Posted: 19 Aug 2011 12:05 PM PDT Salesforce.com Inc. (NYSE:CRM) reported second quarter fiscal 2012 adjusted net income of 6 cents per share, which was modestly ahead of the Zacks Consensus Estimate of 3 cents. The adjusted figure excludes amortization of intangibles and a debt discount, but includes stock-based compensation. The earnings beat came from solid top-line growth, partially offset by higher operating costs.
|
| Forex – USD/JPY Rebounds From Record Low In U.S. Trade Posted: 19 Aug 2011 11:42 AM PDT Forexpros – <p style=”font: normal normal normal 12px/normal Helvetica; margin: 0px”><span style=”letter-spacing: 0px”>Forexpros – The U.S. dollar advanced against the Japanese yen in U.S. trade Friday, after hitting a postwar low and renewing speculation that the currency market may see another intervention by the Bank of Japan.</span></p> <p style=”font: normal normal normal 12px/normal Helvetica; min-height: 14px; margin: 0px”> </p> <p … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Forex Trading: USDCHF Moves Above Intraday Resistance. Dollar Better Bid Posted: 19 Aug 2011 11:19 AM PDT The USDCHF has moved above the 100 bar MA after two tests found sellers (see chart above). The pair might be getting cold feet as the weekend approaches and threat of action from the SNB is a possibility. It may just be Friday afternoon flows. The EURUSD is wandering above and below the 100 hour MA (but does remain above the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
|
| Is Business Choking On Red Tape? Posted: 18 Aug 2011 10:00 PM PDT About a year ago, I wrote about The Shocking Cost of Regulation and the unintended consequences new rules can have on our business system without proper cost-benefit analysis being done. A year later, it's clear the swarm of red tape is choking companies and impeding growth.
|
| You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
No comments:
Post a Comment