Tuesday, September 27, 2011

DailyMarkets.com - AT&T Shedding Assets For T-Mobile

DailyMarkets.com - AT&T Shedding Assets For T-Mobile

AT&T Shedding Assets For T-Mobile

Posted: 27 Sep 2011 12:05 PM PDT

According to a Bloomberg report, AT&T Inc. (NYSE:T) is seeking to sell some assets or spectrums to rival companies in order to salvage its ambitious $39 billion purchase of Deutsche Telekom's unit, T-Mobile USA. Earlier in March, AT&T was keen to bring T-Mobile under its fold in a deal that would to be the largest in the wireless industry since 2004.
AT&T affirmed that the sale of assets would minimize the merger concerns like unfair competition, higher prices, job losses, lower … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Fred’s Slips To Underperform

Posted: 27 Sep 2011 12:05 PM PDT

Following second quarter 2011 earnings, Fred's, Inc. (NASDAQ:FRED) has been downgraded to Underperform from Neutral.
Fred posted adjusted earnings of 13 cents per share in second-quarter 2011, which lagged the Zacks Consensus Estimate of 14 cents per share following management's expectations of a tough retail conditions to continue across the markets in 2011.
Although Fred's experienced increased customer traffic and comparable pharmacy script counts in the quarter, the challenging economic … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Consumer Confidence Out Tomorrow

Posted: 27 Sep 2011 11:31 AM PDT

Cusick’s Corner
The market popped into the After Hours in the equities while the slide out of precious/industrial metals, i.e. Gold & Silver, continued. This bounce in the short-term does make sense, especially with the amount of capital that has been moved out of the metals and fixed income that needs to get to work. We also saw oil perk up today, finishing in the green and stimulating the market. With the moves in the currencies and headlines out of the EU, I will be watching the Consumer … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Playing Vol Conservatively

Posted: 27 Sep 2011 11:31 AM PDT

Cusick’s Corner
I mentioned last night that I was looking for fixed risk and reward options strategies that were conservative. One of those strategies to consider is an in-the-money bull call spread. This is a strategy where you buy the in-the-money call and sell another call with a higher strike price, creating a bull call spread which takes advantage of high volatility and bullish sentiment. This position already has intrinsic value because the option that I am long is in-the-money. Plus I … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Rent-A-Center Adds More Stores

Posted: 27 Sep 2011 11:25 AM PDT

Rent-A-Center Inc. (NASDAQ:RCII), in an attempt to expand its operational roots, is all set to serve the residents of Columbia, Missouri and Aston, Pennsylvania by opening new stores and providing them additional avenue to own luxury furnishings, electrical devices, electronics and computers.
The new 3,500-square-foot showroom in Columbia and the 3,200-square-foot showroom in Aston will offer brands like HP (NYSE:HPQ), Ashley, Sony (NYSE:SNY), Serta and Whirlpool (NYSE:WHR). Rent-A-Center operates through 68 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Used Home Prices Stabilize In July

Posted: 27 Sep 2011 11:25 AM PDT

In July, home prices were mixed on a seasonally adjusted basis. The Case-Schiller Composite 10 City index (C-10) fell a slight 0.12% on a seasonally adjusted basis, and is down 3.77% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) edged up by 0.05% on the month and is down 4.16% from a year ago.

Prices for both indexes rose by 0.9% for the month on a not-seasonally-adjusted basis (which is how you will probably see most of the reports presented). Of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Varian To Acquire Calypso Medical

Posted: 27 Sep 2011 11:25 AM PDT

Oncology and X-Ray products company, Varian Medical Systems (NYSE:VAR) recently revealed that it has inked a definitive agreement to acquire Calypso Medical Technologies, a privately held, Seattle-based producer and supplier of offerings for timely tracking and motion management of tumors during radiotherapy and radiosurgery.
As per the terms of the deal, which is expected to close in early October 2011 dependent upon fulfillment of closing clauses, Varian will pay about $10 million to acquire … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Key Temp Employment Index Reaches YTD High

Posted: 27 Sep 2011 11:21 AM PDT

The American Staffing Association Index, a weekly barometer of temporary and contract employment, a key coincident economic indicator, and a leading indicator of U.S. payroll employment, reached a year-to-date high of 90 for the week ending September 18 (see chart above).  For comparable weeks in the last three years, the staffing index was 91 in 2008, 72 in 2009, and 90 in 2010.  During most years like 2007, 2009 and 2010, the temporary staffing activity increases towards year-end, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Up In U.S. Trade

Posted: 27 Sep 2011 11:15 AM PDT

Forexpros – The Australian Dollar was higher against the U.S. Dollar on Tuesday after the release of U.S. data on CB Consumer Confidence.

AUD/USD was trading at 0.9978, up 1.47% at time of writing.

The pair was likely to find support at 0.9622, Monday's low, and resistance at 1.0073, Thursday's high.

Earlier in the day, data showed that CB consumer confidence in the U.S. rose less-than-expected to a seasonally adjusted 45.4 last month from 45.2 in the preceding month whose figure was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Titanium Repurchases Shares

Posted: 27 Sep 2011 11:05 AM PDT

Titanium Metals Corporation (NYSE:TIE) announced that its Board of Directors recently authorized the repurchase of 400,000 shares of its common stock at an average price of $14.939 (exclusive of commissions).
Few days back, the Board also authorized the repurchase of 400,000 shares of its common stock at an average price of $14.6281 exclusive of commissions. The Board also authorized the repurchase of 100,000 shares of its common stock at an average price of $14.6644 and 251,627 shares of its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Joy Global Downgraded To Neutral

Posted: 27 Sep 2011 11:05 AM PDT

We have downgraded our rating on mining equipment manufacturer and service provider Joy Global Inc. (NASDAQ:JOYG) from Outperform to Neutral.
Joy Global’s exposure to the wide international market accounted for more than 50% of its total revenues in the three preceding financial years. However, the wide overseas footprint exposes the company to various political, economic, and other uncertainties. We believe any significant dip in international sales will adversely impact the top line of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CE Mark For Quidel HMPV Test

Posted: 27 Sep 2011 11:05 AM PDT

Leading diagnostic test solutions provider Quidel Corporation (NASDAQ:QDEL) has won the European CE Mark for its new virus test, representing another key milestone for the California-based company. The test dubbed the "Quidel Molecular hMPV Real-Time RT-PCR Assay" has been designed for the detection of human metapneumovirus (hMPV) infection.
Identified in 2001 by investigators from the Netherlands, hMPV is the second most common cause (after respiratory syncytial virus/RSV) of upper and lower … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Up During The U.S. Session

Posted: 27 Sep 2011 10:45 AM PDT

Forexpros – The U.S. Dollar was higher against the Japanese Yen on Tuesday after the release of U.S. data on CB Consumer Confidence.

USD/JPY was trading at 76.57, up 0.27% at time of writing.

The pair was likely to find support at 76.11, Thursday's low, and resistance at 76.93, Thursday's high.

Earlier in the day, data showed that CB consumer confidence in the U.S. rose less-than-expected to a seasonally adjusted 45.4 last month from 45.2 in the preceding month whose figure was revised … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

“Stocks Will Hold…as Long As Positive Rumors Out Of Euro Zone”

Posted: 27 Sep 2011 10:40 AM PDT

09/27/11 Meridian Equity Partners’ Stephen Guilfoyle weighs in on the extended rally in equity markets and optimism over EFSF expansion … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Senior Housing Buys Healthcare Assets

Posted: 27 Sep 2011 10:35 AM PDT

Senior Housing Properties Trust (NYSE:SNH), a real estate investment trust (REIT) which primarily owns private pay senior living communities and medical office buildings (MOBs) across the U.S., has recently announced its decision to acquire a portfolio of 13 MOBs  across 8 states for $167 million.
Senior Housing Properties will purchase the assets from CommonWealth REIT (CWH) – its erstwhile parent company. Senior Housing Properties was previously a 100% subsidiary of CommonWealth REIT … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

WPPGY Downgraded To Neutral

Posted: 27 Sep 2011 10:35 AM PDT

We recently downgraded our recommendation on WPP Group plc (NASDAQ:WPPGY) from Outperform to Neutral.
The downgraded rating is backed by highly competitive and fragmented communications services industry, wherein risk of clients shifting their accountability to other agencies may result in loss of market share, thereby decreasing profit. Given the service-oriented competitive nature of the advertising and communication industry, attracting new clients and retaining the existing client relationship … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cartel-Buster Institute For Justice Goes Up Against The Milwaukee Taxi Cartel With A Legal Challenge

Posted: 27 Sep 2011 10:32 AM PDT

From the Institute for Justice (IJ):

“Milwaukee allows only 321 taxicabs on its streets—almost half of which are owned by Milwaukee County Supervisor Joe Sanfelippo. That is about one cab for every 1,850 residents, one of the highest ratios in the country. This cap on taxi permits has sent permit costs skyrocketing, from $85 to $150,000—putting the dream of owning a taxi business out of most people’s reach.

Ghaleb Ibrahim is a Milwaukee entrepreneur who simply wants to own and drive … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro Rallies On Positive Debt Crisis Speculation & Positive US Data

Posted: 27 Sep 2011 05:15 AM PDT

09/27/11 The euro rallied against its major counterparts this afternoon following positive reports that the eurozone will take decisive action to tackle the region’s debt crisis and improved US economic … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

European Markets Close Higher; Dax Up 5.29%

Posted: 27 Sep 2011 10:05 AM PDT

Forexpros – European stocks were up after the closing bell on Tuesday.

At the close of European trade, Germany's DAX rose 5.29%, London's FTSE 100 gained 4.02%, France's CAC 40 climbed 5.74% and the EURO STOXX 50 was up 5.31%.

Earlier in the day, data showed that CB consumer confidence in the U.S. rose less-than-expected to a seasonally adjusted 45.4 last month from 45.2 in the preceding month whose figure was revised up from 44.5.

Analysts had expected CB consumer confidence to rise … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Up In U.S. Trade

Posted: 27 Sep 2011 10:00 AM PDT

Forexpros – The British Pound was higher against the U.S. Dollar on Tuesday after the release of U.S. data on CB Consumer Confidence.

GBP/USD was trading at 1.5651, up 0.55% at time of writing.

The pair was likely to find support at 1.5329, Thursday's low, and resistance at 1.5705, today's high.

Earlier in the day, data showed that CB consumer confidence in the U.S. rose less-than-expected to a seasonally adjusted 45.4 last month from 45.2 in the preceding month whose figure was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Walgreen Posts Encouraging Quarter

Posted: 27 Sep 2011 09:55 AM PDT

Walgreen (NYSE:WAG) reported adjusted earnings of 57 cents per share in the fourth quarter of fiscal 2011, beating the Zacks Consensus Estimate of 55 cents and were 38.3% higher than the year-ago quarter.
Results for the quarter excluded an after-tax gain of 30 cents per share associated with the company's sale of pharmacy benefits management (PBM) business, Walgreens Health Initiatives, to Catalyst Health Solutions (CHSI). The result includes negative impact of 2 cents per share from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Good News For Celgene

Posted: 27 Sep 2011 09:55 AM PDT

Recently Celgene Corporation (NASDAQ:CELG) received some encouraging news when the European Committee for Medicinal Products for Human Use (CHMP) concluded that the benefits associated with Celgene's Revlimid outweighed the risks  in patients suffering from multiple myeloma (MM).
The CHMP reached the decision after conducting a safety review (article 20) of Revlimid in combination with dexamethasone in MM patients who have received at least one prior therapy. We note that an article 20 review … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Neutral On Rogers Communications

Posted: 27 Sep 2011 09:55 AM PDT

Rogers Communications Inc. (NYSE:RCI) continues to perform well as it has become the first wireless carrier in Canada to launch super-fast (4G) LTE networks. In the first half of 2011, the company achieved quite a few milestones including the sale of the highest number of smartphones to new customers, the second highest number of smartphone activation, and a significant increase in wireless data revenue.
However, the Canadian wireless market has become intensely competitive, which has already … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gilead’s Eviplera Backed In EU

Posted: 27 Sep 2011 09:55 AM PDT

Gilead Sciences, Inc.(NASDAQ:GILD) is having a great year going by the series of good news announced lately. Numbering among these is a recent positive recommendation of the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency for its once-daily single tablet regimen (STR) for the treatment of HIV in previously untreated adults.
The tablet, which will be marketed as Eviplera, is a combination of Gilead's most popular HIV drug, Truvada (a fixed-dose, once-daily … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Coke, Pepsi On Board With S&W Seed Co.

Posted: 27 Sep 2011 09:35 AM PDT

S&W Seed Company. Stevia harvested, Coke and Pepsi on board.
Ian Gilson, CFA

The company has announced that the first crop of stevia leaf has been harvested and is drying prior to shipment to PureCircle. In that report S&W Seed (SANW) quoted industry sources as projecting a stevia penetration of the sweetener market at 20 to 25% and that stevia has exceeded $500 million in annual revenue and could exceed billions of dollars a year.

A report on the internet stated that Coke and Pepsi … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Neutral Rating Reaffirmed On Copel

Posted: 27 Sep 2011 09:35 AM PDT

We recently maintained a Neutral recommendation on Companhia Paranaense de Energia (NYSE:ELP), also known as COPEL. The company is a leading Brazilian electric utility, accounting for roughly 7% of total electricity production in the country.
Copel primarily engages in the generation, transmission, and distribution of electricity in the State of Parana. The company sources 99% of its electricity generation from hydroelectric resources. Copel owns 18 power plants, including 17 hydroelectric plants … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

USDA Home Loans – How Do Wheels Of Change Affect You?

Posted: 27 Sep 2011 09:18 AM PDT

… [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


New Product From SurModics

Posted: 27 Sep 2011 09:05 AM PDT

Recently, SurModics Inc. (NASDAQ:SRDX) introduced a new product – BioFX TMB Enhanced HRP Membrane Substrate (ESPM) – through its subsidiary, SurModics IVD (In Vitro Diagnostics).
The IVD segment at SurModics includes components and technologies for diagnostic test kits and biomedical research applications such as microarray slide technologies, protein stabilization reagents, substrates, and antigens. The IVD segment holds a leading position for immunoassay reagents for diagnostic test kits aimed … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Weakness Prevails In U.S. Housing

Posted: 27 Sep 2011 09:05 AM PDT

The weaknesses prevailing in the housing and construction industry in the U.S. have once again come to the fore as the National Association of Home Builders lowered its September outlook.
Poor employment growth, increased availability of foreclosed homes, strict mortgage lending rules and lower confidence have restricted the demand for new homes to an all-time low. Moreover, potential customers who are ready to buy homes are opting for pre-owned homes, given their affordable pricing.
As a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Canadian Natural Stays At Neutral

Posted: 27 Sep 2011 09:05 AM PDT

We have retained our Neutral recommendation on independent oil and gas explorer Canadian Natural Resources Ltd. (NYSE:CNQ).
Calgary, Alberta-based Canadian Natural Resources Ltd. is engaged in the acquisition, development and exploration of crude oil and natural gas properties. It is one of the largest independent exploration and production (E&P) companies in Canada, with extensive heavy crude oil and natural gas developments.
The company's large, diversified oil and gas asset bases, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Rallies Above $84 On Positive Reports Concerning Europe

Posted: 27 Sep 2011 04:00 AM PDT

09/27/11 Led by a rise in global equities and positive reports concerning the European debt situation, front month crude prices were surging by nearly $4 on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up At The End Of European Session

Posted: 27 Sep 2011 09:00 AM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on CB Consumer Confidence.

EUR/USD was trading at 1.3605, up 0.52% at time of writing.

The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3655, today's high.

Earlier in the day, data showed that CB consumer confidence in the U.S. rose less-than-expected to a seasonally adjusted 45.4 last month from 45.2 in the preceding month whose figure was revised up from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up Toward The End Of European Session

Posted: 27 Sep 2011 08:40 AM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on CB Consumer Confidence.

EUR/USD was trading at 1.3617, up 0.61% at time of writing.

The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3655, today's high.

Earlier in the day, data showed that CB consumer confidence in the U.S. rose less-than-expected to a seasonally adjusted 45.4 last month from 45.2 in the preceding month whose figure was revised up from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Up Toward The End Of European Session

Posted: 27 Sep 2011 08:20 AM PDT

Forexpros – The U.S. Dollar was higher against the Japanese Yen on Tuesday after the release of U.S. data on CB Consumer Confidence.

USD/JPY was trading at 76.56, up 0.27% at time of writing.

The pair was likely to find support at 76.11, Thursday's low, and resistance at 76.93, Thursday's high.

Earlier in the day, data showed that CB consumer confidence in the U.S. rose less-than-expected to a seasonally adjusted 45.4 last month from 45.2 in the preceding month whose figure was revised … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wall Street Extends Rally On Euro Zone Optimism

Posted: 27 Sep 2011 08:10 AM PDT

09/27/11 US equities continued to soar, following global markets higher. There is optimism that the Europe debt crisis will be contained and a catastrophic sovereign default will be … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Global Equity Markets Rally On Eurozone Optimism & The US Government Avoids A Shutdown

Posted: 27 Sep 2011 01:15 AM PDT

09/27/11 NYFP’s Morning Market Brief: Across the globe, equity markets are strong on positive reports concerning the eurozone. Meanwhile, JP Morgan USA clarifies its view on the Asian arm’s call on Apple … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Quadrise And Mærsk Agree Sea Trials To Test Alternative Fuel Technology

Posted: 27 Sep 2011 02:13 AM PDT

Quadrise Fuels (LON:QFI), the company behind a low cost alternative to heavy fuel for the shipping, refining and power generation markets, has moved a step closer to commercialising its technology after agreeing a deal to begin sea trials with shipping giant A.P.Møller-Mærsk.

The trial of Quadrise's MSAR fuel also involves chemicals company Orlen Lietuva and chemical technologies group AkzoNobel Surface Chemistry. The trial will begin with the installation of an MSAR manufacturing unit at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

USD/JPY Up During The U.S. Session

Posted: 27 Sep 2011 12:07 AM PDT

By ForexMansion.com
Forexpros – The U.S. Dollar was higher against the Japanese Yen on Tuesday after the release of U.S. data on CB Consumer Confidence.
USD/JPY was trading at 76.57, up 0.27% at time of writing.
The pair was likely to find support at 76.11, Thursday's low, and resistance at 76.93, Thursday's high.
Earlier in the day, data showed that CB consumer confidence in the U.S. rose less-than-expected to a seasonally adjusted 45.4 last month from 45.2 in the preceding month whose … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

European Markets Close Higher; Dax Up 5.29%

Posted: 26 Sep 2011 11:35 PM PDT

By ForexMansion.com
Forexpros – European stocks were up after the closing bell on Tuesday.
At the close of European trade, Germany's DAX rose 5.29%, London's FTSE 100 gained 4.02%, France's CAC 40 climbed 5.74% and the EURO STOXX 50 was up 5.31%.
Earlier in the day, data showed that CB consumer confidence in the U.S. rose less-than-expected to a seasonally adjusted 45.4 last month from 45.2 in the preceding month whose figure was revised up from 44.5.
Analysts had expected CB consumer … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GBP/USD Up In U.S. Trade

Posted: 26 Sep 2011 11:06 PM PDT

By ForexMansion.com
Forexpros – The British Pound was higher against the U.S. Dollar on Tuesday after the release of U.S. data on CB Consumer Confidence.
GBP/USD was trading at 1.5651, up 0.55% at time of writing.
The pair was likely to find support at 1.5329, Thursday's low, and resistance at 1.5705, today's high.
Earlier in the day, data showed that CB consumer confidence in the U.S. rose less-than-expected to a seasonally adjusted 45.4 last month from 45.2 in the preceding month whose … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EUR/USD Up At The End Of European Session

Posted: 26 Sep 2011 10:02 PM PDT

By ForexMansion.com
Forexpros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on CB Consumer Confidence.
EUR/USD was trading at 1.3605, up 0.52% at time of writing.
The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3655, today's high.
Earlier in the day, data showed that CB consumer confidence in the U.S. rose less-than-expected to a seasonally adjusted 45.4 last month from 45.2 in the preceding month whose figure was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EUR/USD Up Toward The End Of European Session

Posted: 26 Sep 2011 10:02 PM PDT

By ForexMansion.com
Forexpros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on CB Consumer Confidence.
EUR/USD was trading at 1.3617, up 0.61% at time of writing.
The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3655, today's high.
Earlier in the day, data showed that CB consumer confidence in the U.S. rose less-than-expected to a seasonally adjusted 45.4 last month from 45.2 in the preceding month whose figure was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

USD/JPY Up Toward The End Of European Session

Posted: 26 Sep 2011 09:33 PM PDT

By ForexMansion.com
Forexpros – The U.S. Dollar was higher against the Japanese Yen on Tuesday after the release of U.S. data on CB Consumer Confidence.
USD/JPY was trading at 76.56, up 0.27% at time of writing.
The pair was likely to find support at 76.11, Thursday's low, and resistance at 76.93, Thursday's high.
Earlier in the day, data showed that CB consumer confidence in the U.S. rose less-than-expected to a seasonally adjusted 45.4 last month from 45.2 in the preceding month whose … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. CB Consumer Confidence Rises Less-than-expected

Posted: 26 Sep 2011 08:33 PM PDT

By ForexMansion.com
Forexpros – CB consumer confidence in the U.S. rose less-than-expected last month, data showed on Tuesday.
In a report, research group the Conference Board said that its index of U.S. consumer confidence rose to 45.4, from 45.2 in the preceding month whose figure was revised up from 44.5.
Analysts had expected CB consumer confidence to rise to 46.5 last month.
Forexpros

About ForexMansion.com:

The Finance Mansion Network operates a global financial network of websites … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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