DailyMarkets.com - Analyst Interviews: Medical Devices Stock Outlook

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• Analyst Interviews: Medical Devices Stock Outlook
• Pepsi’s Quaker Recalls Products
• ArcelorMittal To Shut German Furnace
• Digital Realty Grows Footprint In Oz
• Do Leveraged ETFs Move The Market? SEC Investigating..
• Forex – AUD/USD Up In U.S. Trade
• Chevron Hits Oil In GoM
• Canada OKs Solta Clear + Brilliant
• Macy’s To Outperform
• Deals Rain On Accenture
• Air Products To Supply Onsite Oxygen
• Forex – USD/JPY Down During The U.S. Session
• VeriFone Reports In Line
• HSBC Seeks Buyer For Canadian Unit
• Earnings Scorecard: Zumiez
• Delta Faces Irene Ire
• “Market Driven By News…sell On Rallies, Not Buy On Dips “
• Options In Play On Retailers Supervalu, OfficeMax And Urban Outfitters
• Johnson Controls Ends Saft JV
• European Markets Close Higher; Dax Up 4.07%
• BofA Shakes Up Top Management
• Abaxis Remains At Underperform
• Risk-Reward Balanced At MannKind
• MBIA To Settle $68 M Claims
• ADM Spreads Wings In India
• No Job Cuts At JPMorgan
• Growth & Income Stock: Brinker International, Inc.
• BioMarin Evenly Poised
• New CEO At Wendy’s
• Masimo Know-How Adopted In Honolulu
• Range Sets Ethane Biz In Motion
• Triple Timeframing The Critical Support In The German DAX
• Risk Rebound Dampens Dollar Ahead Of Obama Delivery
• Earnings Preview: Smithfield Foods
• More Things Change, More They Stay The Same
• Silgan Closes Nestle Assets Buy
• GBP/AUD Targeting 1.4760 In A Bearish Swing
• Altera Lowers Guidance, Shares Decline
• Acxiom Approves Buyback
• Crude Rallies On Dollar Drop, Equity Rebound
• Natural Gas Futures Above USD4.00 With Storm Activity In Focus
• Wall Street Rebounds, Risk Appetite Stabilizes
• Forex – Dollar Broadly Lower After German Bailout Ruling
• Forex – GBP/USD Pares Gains Amid BoE Easing Concerns
• Gold Futures Plunge To 6-day Low As Risk Sentiment Improves
• Forex – Euro Up Against Dollar But Risks To Downside Remain

Analyst Interviews: Medical Devices Stock Outlook Posted: 07 Sep 2011 11:35 AM PDT June quarter results mostly mirror the preceding quarter as a host of macro headwinds (including price and procedure volume pressures) continued to haunt the MedTech industry and weighed on the performance of the incumbent players. Although a number of these issues are expected to linger over the second-half of 2011, the industry is expected to fare relatively better this year thanks to several tailwinds and growth opportunities. Industry Dynamics The global medical devices industry is fairly … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Pepsi’s Quaker Recalls Products Posted: 07 Sep 2011 11:35 AM PDT Quaker Oats, a unit of beverage company Pepsico Inc. (NYSE:PEP) has voluntarily recalled its 8-count Quaker Chewy Smashbar Graham Pretzel snack bars due to an undeclared milk allergen that was not been mentioned on the label. The company fears that people allergic to milk will run a serious risk of life-threatening allergic reaction on consumption of the product. Management has also revealed that the Quaker Chewy Smashbar Graham Pretzel snack bars carrying the Universal Product Code ('UPC') … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ArcelorMittal To Shut German Furnace Posted: 07 Sep 2011 11:35 AM PDT Steel giant ArcelorMittal (NYSE:MT) will shut down a blast furnace temporarily at its plant in Eisenhüttenstadt, Germany due to a drop in demand for steel. The move should help to support the declining prices of steel in the open market. However, the move paints a worrying picture of the European flat steel sector. Steel production in Europe was at 14.579 million tons in July, down from 15.700 million in June, according to data from the World Steel Association. The Chinese and global steel … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Digital Realty Grows Footprint In Oz Posted: 07 Sep 2011 11:35 AM PDT Digital Realty Trust Inc. (NYSE:DLR), a niche real estate investment trust (REIT), has recently extended its footprint with its second acquisition in Australia. The company has acquired a 30,250 square meter development site in Melbourne for approximately AU $4.1 million. The property is located within the Paramount Industrial Park development, which is in close proximity to the Melbourne central business district. Besides its strategic location, the property offers significant revenue-generating … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Do Leveraged ETFs Move The Market? SEC Investigating.. Posted: 07 Sep 2011 11:18 AM PDT SmartStops comment:    Interesting to see that the SEC is now investigating whether leveraged ETFs are a cause of increased market volatility.    When will the public realize that the basic underlying structures fueling our stock markets around the world have changed in our 21st century.   There are so many more instruments and derivatives that create the need for a more dynamic intelligent risk management approach.    Asset allocation … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Up In U.S. Trade Posted: 07 Sep 2011 11:15 AM PDT Forexpros – The Australian Dollar was higher against the U.S. Dollar on Wednesday. AUD/USD was trading at 1.0644, up 1.52% at time of writing. The pair was likely to find support at 1.0483, Tuesday's low, and resistance at 1.0734, Friday's high. Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.83% to hit 1.3242 and AUD/JPY rising 1.07% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Chevron Hits Oil In GoM Posted: 07 Sep 2011 11:05 AM PDT Global integrated energy company, Chevron Corporation (NYSE:CVX) announced the discovery of a major oil field in the ultra-deepwater of the U.S. Gulf of Mexico (GoM). The company resumed drilling the well in March after a hiatus of almost a year due to the drilling moratorium. Located in the Moccasin prospect –– off the Louisiana coast –– the well was drilled to a depth of 31,545 feet. The Keathley Canyon Block 736 Well No. 1 is estimated to hold more than 380 feet of net pay in the Lower … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Canada OKs Solta Clear + Brilliant Posted: 07 Sep 2011 11:05 AM PDT Solta Medical (SLTM), a provider of aesthetic laser treatments, has secured the approval of Health Canada for marketing its Clear + Brilliant laser aesthetic treatment in the North American nation. The device was approved in the U.S. and Europe in May 2011 and is already gaining notable traction in these markets. The novel Clear + Brilliant laser treatment is based on fractional laser technology for treating and preventing aging of the skin. The treatment is targeted at young patients seeking … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Macy’s To Outperform Posted: 07 Sep 2011 10:50 AM PDT We recently upgraded our long-term recommendation on Macy's Inc.'s (NYSE:M), one of the leading department store retailers in the United States, to Outperform with a price target of $28.00 following its second-quarter 2011 results. Earlier, we had a Neutral stance on the stock. Macy's constant focus on price optimization, inventory management, merchandise planning and private label offering positions it to drive traffic, meet customer-oriented demand and improve the in-store shopping … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Deals Rain On Accenture Posted: 07 Sep 2011 10:50 AM PDT Accenture plc (NYSE:ACN) recently won a 4-year information technology (IT) application servicing deal from the European Parliament, for a value of €12.0 million or roughly $16.5 million. Per the deal terms, Accenture will offer its technology and services to develop, maintain and support a variety of the Parliament's operations. Accenture's services will cover areas such as human resources, finance, logistics and administrative management. These services are expected to enable the European … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Air Products To Supply Onsite Oxygen Posted: 07 Sep 2011 10:50 AM PDT Air Products & Chemicals Inc. (NYSE:APD) grabbed a contract to supply onsite oxygen, compressed dry air, and nitrogen to INEOS Bio’s joint venture in Vero Beach, Florida.  Air Products has more than 50 years of experience in oxygen and nitrogen on site gas production. Nitrogen generators and oxygen generators are part of Air Products’ high quality portfolio of onsite gas generation equipment providing reliable supplies of industrial gases. Air Products will supply gaseous oxygen from a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down During The U.S. Session Posted: 07 Sep 2011 10:45 AM PDT Forexpros – The U.S. Dollar was lower against the Japanese Yen on Wednesday. USD/JPY was trading at 77.34, down 0.40% at time of writing. The pair was likely to find support at 76.55, Friday's low, and resistance at 77.73, Tuesday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.47% to hit 1.4065 and GBP/USD rising 0.17% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

VeriFone Reports In Line Posted: 07 Sep 2011 10:35 AM PDT VeriFone Systems Inc (NYSE:PAY) reported revenues of $317 million in the third quarter of fiscal 2011, up 21% year over year and up 8.5% sequentially. Based in San Jose, California, VeriFone designs, markets and services a transaction automation system that facilitates electronic payments between consumers, merchants and financial institutions. On a segment basis, System Solutions generated revenues of $253.6 million, up 19.0% year over year. Services revenues grew 30.9% year over year … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

HSBC Seeks Buyer For Canadian Unit Posted: 07 Sep 2011 10:35 AM PDT On Tuesday, HSBC Holdings Plc (NYSE:HBC) confirmed that the company is in talks with the potential acquirers regarding the sale of its Canadian retail brokerage business, which employs 120 advisors. Late last month, Reuters had reported about the possible sale of HSBC's Canadian retail brokerage business, which manages about C$16 billion ($16.3 billion) in investors’ money. However, at that time the company had refused to acknowledge the same. Among the foreign banks, HSBC has the largest … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Scorecard: Zumiez Posted: 07 Sep 2011 10:35 AM PDT Recently, specialty retailer Zumiez Inc. (NASDAQ:ZUMZ) announced its financial results for the second-quarter of 2011. Street analysts had nearly a week to ponder on the news. In the subsequent paragraphs, we cover the recent earnings announcement, analysts’ estimate revisions as well as the Zacks Rank and long-term recommendation on the stock. Earnings Review Zumiez posted earnings of 8 cents a share for second-quarter 2011, beating the Zacks Consensus Estimate of 5 cents a share. The company also … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Delta Faces Irene Ire Posted: 07 Sep 2011 10:35 AM PDT Delta Air Lines Inc. (NYSE:DAL) reported a 0.3% year-over-year traffic decline in August. Airline traffic is measured in billions of revenue passenger miles, which means one mile flown by one passenger. On a year-over-year basis, capacity (or, available seat miles) grew 0.8% and load factor (percentage of seats filled with passengers) increased 40 basis point (bps). Domestic traffic dropped 1.8% year over year due to capacity decrease of 2.6% and load factor improved 70 bps to 86.5%. International … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

“Market Driven By News…sell On Rallies, Not Buy On Dips “ Posted: 07 Sep 2011 10:30 AM PDT 09/07/11 DME Securities’ Alan Valdes weighs in on today’s advance in equity markets and discusses expectations for tomorrow’s speeches from Obama and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Options In Play On Retailers Supervalu, OfficeMax And Urban Outfitters Posted: 07 Sep 2011 10:27 AM PDT Options in play on retailers Supervalu, OfficeMax and Urban Outfitters Today's tickers: SVU, OMX & URBN (NYSE:SVU) – SUPERVALU Inc. – The sale of a massive block of 25,000 call options on the supermarket operator this morning may mean one strategist has little appetite for a significant Supervalu rally, at least through September expiration day. No telling if the two are related, but the sale of the call options occurred roughly one hour before the company's CFO was scheduled to present … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Johnson Controls Ends Saft JV Posted: 07 Sep 2011 10:05 AM PDT Johnson Controls Inc. (NYSE:JCI) terminated its 5-year joint venture with French battery maker Saft Groupe SA by acquiring the latter's share for $145 million in cash. The agreement also includes an up-front royalty payment by the company to Saft in return for an expanded license to the former to use certain Saft Lithium-ion technology. The Johnson Controls-Saft Advanced Power Solutions joint venture was formed in January 2006 to develop, manufacture and sell lithium-ion batteries for hybrid and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Markets Close Higher; Dax Up 4.07% Posted: 07 Sep 2011 10:05 AM PDT Forexpros – European stocks were up after the closing bell on Wednesday. At the close of European trade, Germany's DAX rose 4.07%, London's FTSE 100 gained 3.14%, France's CAC 40 climbed 3.63% and the EURO STOXX 50 was up 3.42%. Meanwhile, on Wall Street, equity markets were up after the open. The Dow Jones Industrial Average was up 1.94%; the S&P 500 index gained 2.27%, while the Nasdaq 100 index climbed … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BofA Shakes Up Top Management Posted: 07 Sep 2011 09:55 AM PDT On Tuesday, Bank of America Corp. (NYSE:BAC) announced an immediate reshuffling of its top management, including the exit of two executives. The reorganization arranges the company's operating units according to its key customer groups –– individuals, companies and institutional investors. The departing executives are Sallie Krawcheck, head of global wealth and investment management, and Joe Price, president of the consumer bank. Former Citigroup (NYSE:C) chief finance officer, Krawcheck was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Abaxis Remains At Underperform Posted: 07 Sep 2011 09:55 AM PDT We reiterate our Underperform recommendation on Abaxis (NASDAQ:ABAX) with a target price of $23.00. The company's first quarter 2012 financial results were well below the Zacks Consensus Estimates. Abaxis reported an EPS of 10 cents, 37.5% down from the year-ago quarter as well as the Zacks Consensus Estimate of 16 cents. The decline in EPS was partly driven by an increase in share count from 22,750,000 in year-ago quarter to 23,095,000 in the reported quarter. Effective tax rate in the quarter … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Risk-Reward Balanced At MannKind Posted: 07 Sep 2011 09:55 AM PDT We are maintaining our Neutral stance on MannKind Corporation (NASDAQ:MNKD) with a target price of $3.00. Valencia, California-based MannKind is a biopharmaceutical company focused on the discovery, development and commercialization of therapeutic products for diabetes, cancer and inflammatory and autoimmune diseases. The company's lead pipeline candidate Afrezza is an inhaled insulin for the treatment of type I or type II diabetes. In January 2011, MannKind suffered a setback when the US Food and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

MBIA To Settle $68 M Claims Posted: 07 Sep 2011 09:55 AM PDT MBIA Inc.(NYSE:MBI) has agreed to pay $68 million in cash to settle the claims made by its investors. The claim settlement by MBIA is the outcome of litigations filed by three investors in 2008 alleging that the company produced false statements and concealed material facts about its exposure to collateralized debt obligations backed by residential mortgage securities. MBIA has been bleeding hard since the onset of the subprime crisis in 2007. The once-biggest bond insurer with AAA rating was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ADM Spreads Wings In India Posted: 07 Sep 2011 09:55 AM PDT In a bid to enhance its operational roots and expand its global footprints, Archer Daniels Midland Company (NYSE:ADM), one of the leading food processing companies in the world, has recently made acquisitions in one of the fastest growing economies of Asia, India. Eying to expand its oilseeds origination network in Central Asia, Archer Daniels has acquired two facilities of Geepee Agri Private Limited in the western part of India, located in the cities of Kota and Akola. The facility at its Kota, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

No Job Cuts At JPMorgan Posted: 07 Sep 2011 09:55 AM PDT On Tuesday, Reuters reported quoting Mr. Jes Stanley, JPMorgan Chase & Co.'s (NYSE:JPM) investment banking Chief Executive, that the company has no plans to retrench employees in the near future. During the first half of 2011, JPMorgan recorded compensation expenses of $15.8 million, up 6% from the corresponding prior-year period. However, Mr. Stanley stated that the company has been trying to manage expenditures by lowering other operating expenses rather than cutting jobs. This move is, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: Brinker International, Inc. Posted: 07 Sep 2011 09:35 AM PDT Brinker International, Inc. (NYSE:EAT) recently reported its 4th consecutive positive earnings surprise, driven by solid comparable store sales growth. Management initiated bullish guidance for its fiscal year 2012 off of the strong quarter, prompting analysts to revise their estimates significantly higher. This sent the stock to a Zacks #2 Rank (Buy). Based on consensus estimates, analysts expect 21% EPS growth in 2012 and 17% growth in 2013. On top of this, the company pays a dividend that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BioMarin Evenly Poised Posted: 07 Sep 2011 09:35 AM PDT We are maintaining our Neutral stance on BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) with a target price of $30.00. BioMarin develops and commercializes biopharmaceuticals for serious diseases and medical conditions. The company’s product portfolio comprises four approved products and multiple pipeline candidates. The marketed products are Aldurazyme {co-marketed with Sanofi Aventis (NYSE:SNY)}, Naglazyme, Kuvan and Firdapse. Aldurazyme was approved in the US in 2003 for the treatment of MPS-I … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

New CEO At Wendy’s Posted: 07 Sep 2011 09:35 AM PDT The Wendy's Co. (NYSE:WEN) recently announced the appointment of restaurant industry expert Emil J. Brolick as its chief executive officer (CEO) and president. Emil J. Brolick currently holds the position of chief operating officer (COO) in Yum! Brands Inc (NYSE:YUM). The appointment will be effective from September 12. Brolick replaces Roland Smith who previously served as the CEO of Arby's and later in 2008 became the CEO of the merged company Wendy’s/Arby’s Group, when Nelson Peltz and his … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Masimo Know-How Adopted In Honolulu Posted: 07 Sep 2011 09:35 AM PDT Masimo Corporation (NASDAQ:MASI), a leader in non-invasive monitoring know-how for patient care, recently reported that the Shriners Hospitals for Children, Honolulu, where hundreds of orthopedic operations on children are performed each year, is utilizing its cutting edge medical know-how to non-invasively monitor patient blood cells during operations. This latest know-how from Masimo does not use needles to let surgeons know whether a patient is bleeding internally and allows doctors to start … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Range Sets Ethane Biz In Motion Posted: 07 Sep 2011 09:35 AM PDT Range Resources Corporation (NYSE:RRC) will sell ethane from its Marcellus Shale operations in southwestern Pennsylvania to Canada-based NOVA Chemicals Corporation. This marks Range Resources' first ethane contract from the region. Per the deal terms, Range will transport ethane to NOVA through Mariner West Project –– a Marcellus Shale ethane pipeline venture between pipeline operators MarkWest Energy Partners L.P. (NYSE:MWE) and Sunoco Logistics Partners L.P. (NYSE:SXL). The ethane will be … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Triple Timeframing The Critical Support In The German DAX Posted: 07 Sep 2011 09:17 AM PDT With the European financial situation dominating headlines, traders continue to monitor the strength of Germany's economy as the strongest economy in the region. There's an interesting chart pattern situation developing on Germany's DAX index (stock market), so let's focus on the triple-timeframe picture which includes a critical support level on the higher frames and a nice positive divergence on the lower frame. Let's start with the Monthly Picture: Before we get to the current … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Risk Rebound Dampens Dollar Ahead Of Obama Delivery Posted: 07 Sep 2011 09:06 AM PDT After a plunge in risk appetite on Tuesday when many investors baulked at stocks, favoring the safety of the dollar and even treasury notes at record lows. A fresh look midweek at affairs has investor optimism on the rebound with the dollar under a little pressure as all eyes turn to speeches Thursday from Bernanke and Obama. U.S. Dollar – Bernanke addresses a crowd in Minneapolis where he'll discuss the economy. Later on Wednesday the Fed's Beige Book will reveal further insight over the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Smithfield Foods Posted: 07 Sep 2011 09:05 AM PDT Smithfield Foods, Inc. (NYSE:SFD) is scheduled to announce its first quarter 2012 results on September 8, 2011, and we see a positive trend among the analyst estimates at this point. Currently, the Zacks Consensus Estimate is 68 cents per share and sales estimate is around $3,126 million. Fourth Quarter Overview Smithfield swung to fourth-quarter 2011 earnings of 85 cents per share – record on June 16, which surpassed the Zacks Consensus Estimate of 82 cents by 3.7%. However, these results exclude … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

More Things Change, More They Stay The Same Posted: 07 Sep 2011 09:05 AM PDT Having traversed a wide part of the country over the last three weeks, I would have hoped that my first post back here at Sense on Cents would encompass a sense of vim and vigor that may electrify those reading this. Sorry to disappoint but the simple fact is the recent developments along our economic and market landscape do not strike me as energizing or as anything new. The daily swings in the markets may be unnerving but they strike me as merely a reflection of the fact that the "walking … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Silgan Closes Nestle Assets Buy Posted: 07 Sep 2011 09:05 AM PDT Silgan Holdings Inc. (NASDAQ:SLGN) closed the deal to buy the steel can making assets of Nestle Purina PetCare Company for $25 million. In addition, it has also inked a long-term supply agreement with Nestle Purina PetCare Company. The synergies from the transaction are already incorporated in the earnings guidance as Silgan had already started supplying cans to Nestlé Purina for qualification purposes. Silgan guided third quarter adjusted earnings to a range of $1.05 to $1.15 per share and full … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/AUD Targeting 1.4760 In A Bearish Swing Posted: 07 Sep 2011 09:02 AM PDT Previous: AUD Strengthens Across the Board After Better-Than-Expected GDP Data (9/6) GBP/AUD The GBP/AUD is aggressively reversing the correction rally that began at the start of September. Today, the market is breaking below the 1.0530 low established on Sept. 1. Note that in the 1H chart, price action stayed under the 200SMA, which has already been sloping down, a sign of bearish continuation. The daily chart shows a strong rally in August, now being almost completely pared. With the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Altera Lowers Guidance, Shares Decline Posted: 07 Sep 2011 08:25 AM PDT Chipmaker Altera Corporation (NASDAQ:ALTR) recently updated its sales guidance for the third quarter of 2011. Altera now expects third quarter sales to be down 3% to up 1% on a sequential basis compared to the previous sales guidance of up 2% to 6%. Management stated that the downgrade in guidance was due to weaker demand in several vertical markets including Telecom and Wireless (particularly outside Asia). In addition, Industrial Automation, Military, and Test were also weak as customers are … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Acxiom Approves Buyback Posted: 07 Sep 2011 08:25 AM PDT Acxiom Corporation (NASDAQ:ACXM) recently announced that the Board of Directors has approved a stock repurchase program. Under the program, Acxiom is authorized to repurchase up to $50 million of its outstanding shares of common stock over the next twelve months. Acxiom did not repurchase any shares in fiscal 2010 or 2011. During fiscal 2009, the company repurchased 0.3 million shares for $2.1 million. Earlier in the year, Acxiom announced that its Board of Directors has named marketing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Rallies On Dollar Drop, Equity Rebound Posted: 07 Sep 2011 08:00 AM PDT 09/07/11 Front month crude prices rebounded this morning following a rise in global equities and a decline in the US … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Futures Above USD4.00 With Storm Activity In Focus Posted: 07 Sep 2011 07:56 AM PDT Forexpros – Natural gas futures were up sharply on Wednesday, climbing above the psychologically important USD4.00-level as mounting fears over a disruption to U.S. supplies in the Gulf of Mexico boosted prices. On the New York Mercantile Exchange, natural gas futures for October delivery traded at USD4.014 per million British thermal units during U.S. morning trade, rallying 1.92%. It earlier rose as much as 2.65% to trade at USD4.037 per million British thermal units, the highest price … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Wall Street Rebounds, Risk Appetite Stabilizes Posted: 07 Sep 2011 07:55 AM PDT 09/07/11 US stocks advanced, following global equity markets higher. Germany’s Federal Constitutional Court opened the way for the country’s participation in euro-zone … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Broadly Lower After German Bailout Ruling Posted: 07 Sep 2011 07:51 AM PDT Forexpros – The U.S. dollar remained broadly lower its major counterparts on Wednesday, after Germany's high court overruled an attempt to block the country from participating in euro zone bailouts. During U.S. morning trade, the greenback was down against the euro, with EUR/USD rising 0.37% to hit 1.4047. Germany's constitutional court said the government must seek the approval of parliament’s budget committee before granting future major aid deals, but added that the ruling should not … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Pares Gains Amid BoE Easing Concerns Posted: 07 Sep 2011 07:41 AM PDT Forexpros – The pound pared gains against the U.S. dollar on Wednesday, pulling back from a daily high amid speculation that a recent string of soft U.K. data may see the Bank of England lean towards a fresh round of monetary stimulus. GBP/USD pulled away from 1.6040, the daily high, to hit 1.5987 during U.S. morning trade, still up 0.28% on the day. Cable was likely to find support at 1.5920, Tuesday's low and a two-month low and resistance at 1.6166, Tuesday's high. Earlier … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures Plunge To 6-day Low As Risk Sentiment Improves Posted: 07 Sep 2011 07:36 AM PDT Forexpros – Gold futures were down heavily on Wednesday, plunging to a six-day low as a rebound in global equity markets dented the appeal of the precious metal. On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,802.25 a troy ounce during U.S. morning trade, plunging 3.65%. It earlier fell as much as 4.05% to trade at USD1,792.75 a troy ounce, the lowest price since August 30. Global equities rebounded from three straight days of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Euro Up Against Dollar But Risks To Downside Remain Posted: 07 Sep 2011 07:32 AM PDT Forexpros – The euro remained higher against the U.S. dollar on Wednesday, after Germany's high court upheld the legality of Greece's bailout but the single currency remained under pressure ahead of the European Central Bank's policy meeting on Thursday. EUR/USD pulled away from 1.4150, the daily high, to hit 1.4049 during U.S. morning trade, still up 0.36% over the day. The pair was likely to find support at 1.3971, Tuesday's low and a seven-week low and resistance at 1.4172, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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