DailyMarkets.com - BorgWarner Upgraded To Outperform
DailyMarkets.com - BorgWarner Upgraded To Outperform |
- BorgWarner Upgraded To Outperform
- DIRECTV Teams With Miso
- Fed Judge Curtails Oracle’s Claims
- IBM Set To Acquire I2
- A Look At The USD-Schizophrenia And CAD-Weakness After NFP Shows No Employment Growth
- Flat Jobs Report Whipsaws Markets, But USD Weakness Likely In September
- US Stocks Slump On Jobs Report
- J. C. Penney’s Sales Down
- Starz Bids Adieu To Netflix
- Forex – USD/CHF Down During The European Session
- Swiss Franc Extends Rally As Nonfarm Payrolls Shock Markets
- FMD: Fourth Quarter Results
- Ciena Trims Losses
- Stock Market News Briefs: Bank Of New York Mellon, CIENA, ChevronTexaco, Goldman Sachs Group, International Business Machines, Netflix, Toyota Motor, Verizon Communications
- Target Date Set For Vivus’ ED Drug
- Ugly Jobs Report Adds To Recession Fears
- Forex – USD/JPY Down On Economic Data
- Swiss Franc: Capped By A Negative Trend Line
- Australian Dollar: Technical Rebound In A Bearish Trend
- Canadian Dollar: Technical Rebound In A Bearish Trend
- Japanese Yen: Under Pressure
- Euro: The Downside Prevails
- British Pound: Under Pressure
- Bond Traders Await Friday’s Non-Farm Payrolls Report
- Forex Trading: USDCHF Moves Above 38.2% Of The Days Range
- Truly Ugly
- USD/CAD Breaks Above Triangle Pattern And Tests 0.9820 Resistance After Poor NFP
- ArcelorMittal Forms Partnership
- FLIR Wins Contract For Star SAFIRE
- Forex – GBP/USD Up On Economic Data
- Forex – EUR/USD Up On Economic Data
- Forex Trading: EURUSD Stays In The Range.
- U.S. Non-farm Payrolls Remain Unchanged Unexpectedly
- U.S. Unemployment Rate Remains Unchanged
- RIO Gears Up For Global Demand Surge
- Shaw Says No To Wireless
- Forex – EUR/GBP Down During The European Session
- Pre-NY Open Top Stories: Shares Sag, Pressure Build For ECB To Cut Rate, SNB To Intervene
- Forex – GBP/CHF Down In European Trade
- USD/CHF, EUR/CHF, And GBP/CHF In Sharp Corrections; Swissie-Strength Reflect Fading Of Intervention Concerns
- Forex – AUD/USD Down In European Trading Hours
- Forex – USD/CHF Down During The European Session
- Crude Oil On The Defensive, Gold Finding Support Ahead Of US Jobs Data
BorgWarner Upgraded To Outperform Posted: 02 Sep 2011 07:55 AM PDT We currently upgraded our recommendation on BorgWarner Inc. (NYSE:BWA) to Outperform from Neutral. Based in Michigan, BorgWarner is a leading manufacturer of powertrain products for the world’s major automakers. Its products include four-wheel-drive and all-wheel-drive transfer cases (primarily for light trucks and sport utility vehicles or SUVs), automatic transmission and timing chain systems. These products are manufactured and sold worldwide, primarily to OEMs of passenger cars, SUVs, trucks … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 02 Sep 2011 07:55 AM PDT DIRECTV(NASDAQ:DTV), the largest satellite TV operator in the U.S., recently partnered Miso to combine latter's social TV network facility with its television viewing. |
Fed Judge Curtails Oracle’s Claims Posted: 02 Sep 2011 07:35 AM PDT As per the recent verdict given by a federal judge, Oracle Corp. (NASDAQ:ORCL) will receive $272.0 million as compensation from its German software rival SAP AG (NYSE:SAP). The federal judge turned down the $1.3 billion verdict given by the jury in a patent infringement case between the two software giants. |
Posted: 02 Sep 2011 07:35 AM PDT International Business Machines Corp. (IBM) recently announced that it is acquiring analytics company i2. However, terms of the deal were not disclosed. |
A Look At The USD-Schizophrenia And CAD-Weakness After NFP Shows No Employment Growth Posted: 02 Sep 2011 07:17 AM PDT The NFP Payroll numbers came in worse than expected – 0 after a forecast of 74K. July's number was revised down from 117K to 85K. This data definitely invites risk aversion, but the reaction for the USD was schizophrenic. After initial strength, USD -weakness took over, only to now result in a third reaction back to USD-strength. The CAD (which suffers if USD suffers) however is holding it's weakness without such shake-outs. The EUR/USD will show true bearish continuation colors if it … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Flat Jobs Report Whipsaws Markets, But USD Weakness Likely In September Posted: 02 Sep 2011 07:09 AM PDT The reaction to today's flat reading in the non-farm payroll report was a back and forth affair. At first the ugly payroll figure was initially seen as risk-negative with stocks and oil sliding, and gold gaining. The USD saw a knee-jerk gain against higher yielders. |
US Stocks Slump On Jobs Report Posted: 02 Sep 2011 07:00 AM PDT 09/02/2011 Wall street slid at the open, as the August jobs report disappointed to the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 02 Sep 2011 06:55 AM PDT J. C. Penney Company Inc. (NYSE:JCP), a leading retailer of apparel and footwear, accessories, fashion jewelry, beauty products and home furnishings, recently reported sales results for the four-weeks period ended August 27, 2011. The company's comparable-store sales for August inched down 1.9% compared with an increase of 2.3% in comparable-store sales for the same period last year. |
Posted: 02 Sep 2011 06:55 AM PDT Come March 2012 Netflix Inc. (NASDAQ:NFLX) customers will not be able to watch their favorite Walt Disney Co. (NYSE:DIS) and Sony Corp. (NYSE:SNE) movies, as license renewal talks between Netflix and Starz Entertainment LLC have fallen through. |
Forex – USD/CHF Down During The European Session Posted: 02 Sep 2011 06:50 AM PDT Forexpros – The U.S. Dollar was lower against the Swiss Franc on Friday after the release of U.S. data on Nonfarm Payrolls. USD/CHF was trading at 0.7804, down 1.89% at time of writing. The pair was likely to find support at 0.7712, today's low, and resistance at 0.8241, Monday's high. Earlier in the day, official data showed that U.S. non-farm payrolls remained unchanged unexpectedly at a seasonally adjusted 0K last month, from 85K in the preceding month whose figure was revised down … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Swiss Franc Extends Rally As Nonfarm Payrolls Shock Markets Posted: 02 Sep 2011 06:47 AM PDT Fundamental Headlines |
Posted: 02 Sep 2011 06:35 AM PDT Ann Heffron, CFA On August 30, 2011, The First Marblehead Corporation (FMD) reported its fiscal fourth quarter results for the period ending June 30, 2011. For the quarter, FMD recorded a net loss from education financing of $19.5 million, or a diluted loss per share of $0.19. The total net loss, including the securitization trusts net loss of $64.5 million, was $83.8 million, or a $0.83 loss per diluted share. Our fourth quarter loss estimate for the education … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 02 Sep 2011 06:35 AM PDT Ciena Corp. (NASDAQ:CIEN), a telecommunications network specialist, reported third quarter fiscal 2011 loss per share of a penny, which was significantly better than the Zacks Consensus Estimate of a loss of 21 cents. The reported loss per share narrowed from the comparable prior-year quarterly loss of 18 cents per share. |
Posted: 02 Sep 2011 06:35 AM PDT International Business Machines Corp. (NYSE:IBM) announced it was acquiring Algorithmics, a risk analytics firm based in Toronto, Canada, for $387 million in cash Negotiations between Netflix, Inc.'s (NASDAQ:NFLX) and Starz Entertainment regarding the renewal of Starz's licensing agreement collapsed. Subsequently, the pay cable network announced that it will stop providing its content to Netflix According to reports, Chevron Corp. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Target Date Set For Vivus’ ED Drug Posted: 02 Sep 2011 06:35 AM PDT Vivus Inc. (NASDAQ:VVUS) recently provided an update on the regulatory status of its erectile dysfunction (ED) treatment, avanafil. The company said that the US Food and Drug Administration (FDA) accepted its new drug application (NDA) of avanafil submitted in late June 2011, for review. The regulatory body has set a target date of April 29, 2012 for the drug. |
Ugly Jobs Report Adds To Recession Fears Posted: 02 Sep 2011 06:35 AM PDT Today’s ugly jobs report adds to the fears that the U.S. economy is heading towards another recession. These fears had eased a bit in recent days as a host of economic readings showed signs of positive economic momentum. The continued resilience in the weekly jobless claims data and Thursday’s ISM report appeared to be leading towards the conclusion that while growth was very weak, it was nevertheless positive. This morning’s jobs report brings the recession scenario again to the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – USD/JPY Down On Economic Data Posted: 02 Sep 2011 06:30 AM PDT Forexpros – The U.S. Dollar was lower against the Japanese Yen on Friday after the release of U.S. data on Nonfarm Payrolls. USD/JPY was trading at 76.78, down 0.19% at time of writing. The pair was likely to find support at 76.43, Wednesday's low, and resistance at 77.24, Thursday's high. Earlier in the day, official data showed that U.S. non-farm payrolls remained unchanged unexpectedly at a seasonally adjusted 0K last month, from 85K in the preceding month whose figure was revised … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Swiss Franc: Capped By A Negative Trend Line Posted: 02 Sep 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 |
Australian Dollar: Technical Rebound In A Bearish Trend Posted: 02 Sep 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 |
Canadian Dollar: Technical Rebound In A Bearish Trend Posted: 02 Sep 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 |
Posted: 02 Sep 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 |
Posted: 02 Sep 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 |
Posted: 02 Sep 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 |
Bond Traders Await Friday’s Non-Farm Payrolls Report Posted: 02 Sep 2011 06:18 AM PDT Friday, September 2, 2011 |
Forex Trading: USDCHF Moves Above 38.2% Of The Days Range Posted: 02 Sep 2011 06:15 AM PDT |
Posted: 02 Sep 2011 06:11 AM PDT Few words can describe the August payroll reading of "no-change" – but the few that I can think of are: Truly ugly. The dollar staged a tentative advanced on the lack of hiring as investors probably quite rightly concluded that the stage is set for a further bout of quantitative easing. The difference this time around when the September FOMC meeting takes place is that Mr. Bernanke will have some hawks to tame when it comes time to put detail to the plan. Expect the Fed to shake its … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
USD/CAD Breaks Above Triangle Pattern And Tests 0.9820 Resistance After Poor NFP Posted: 02 Sep 2011 06:09 AM PDT Previous: A Whipply USD/CAD Retraces Sharply After Cracking the 0.9740 Support (8/31) After breaking below an ABC pattern, the USD/CAD cracked the 0.9740 support, but rallied sharply, now falling into a congestion triangle sine 8/31. |
ArcelorMittal Forms Partnership Posted: 02 Sep 2011 06:05 AM PDT Steel giant ArcelorMittal (NYSE:MT) formed a strategic partnership with China’s Hunan Valin Group for the production of high-end steel products in China and iron ore purchases. |
FLIR Wins Contract For Star SAFIRE Posted: 02 Sep 2011 06:05 AM PDT FLIR Systems Inc. (NASDAQ:FLIR) received a contract for its Star SAFIRE® HD family of digital, high-definition, full-spectrum imaging systems valued at about $52.1 million from the Naval Air Warfare Center Aircraft Division. The contract is for a period of three years and is of a fixed price nature. |
Forex – GBP/USD Up On Economic Data Posted: 02 Sep 2011 06:05 AM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls. GBP/USD was trading at 1.6244, up 0.40% at time of writing. The pair was likely to find support at 1.6132, Thursday's low, and resistance at 1.6454, Monday's high. Earlier in the day, official data showed that U.S. non-farm payrolls remained unchanged unexpectedly at a seasonally adjusted 0K last month, from 85K in the preceding month whose figure was revised … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – EUR/USD Up On Economic Data Posted: 02 Sep 2011 05:45 AM PDT Forexpros – The Euro was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls. EUR/USD was trading at 1.4275, up 0.11% at time of writing. The pair was likely to find support at 1.4209, today's low, and resistance at 1.4549, Monday's high. Earlier in the day, official data showed that U.S. non-farm payrolls remained unchanged unexpectedly at a seasonally adjusted 0K last month, from 85K in the preceding month whose figure was revised down from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex Trading: EURUSD Stays In The Range. Posted: 02 Sep 2011 05:43 AM PDT The tepid NFP report (zero jobs), has the EURUSD confused as to directional bias. The weaker number sent the pair lower initially on the weak is bad for everyone and especially EURO, but are now seeing a move back to the the highs on lower dollar across the board thought. The price has moved to the high for the day at the 1.4287 level and backed off. On the downside, the initial fall fell to the underside of the channel trendline at the 1.4234 level (low reached 1.4328) and rebounded. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
U.S. Non-farm Payrolls Remain Unchanged Unexpectedly Posted: 02 Sep 2011 05:40 AM PDT Forexpros – U.S. non-farm payrolls remained unchanged unexpectedly last month, official data showed on Friday. In a report, the U.S. Department of Labor said non-farm payrolls remained unchanged at a seasonally adjusted 0K, from 85K in the preceding month whose figure was revised down from 117K. Analysts had expected U.S. non-farm payrolls to rise 74K last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
U.S. Unemployment Rate Remains Unchanged Posted: 02 Sep 2011 05:35 AM PDT Forexpros – The rate of unemployment in the U.S. last month remained unchanged, official data showed on Friday. In a report, the U.S. Department of Labor said the unemployment rate remained unchanged at a seasonally adjusted 9.1%, from 9.1% in the preceding month . Analysts had expected the U.S. unemployment rate to remain unchanged at 9.1% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
RIO Gears Up For Global Demand Surge Posted: 02 Sep 2011 05:30 AM PDT Rio Tinto plc (NYSE:RIO), one of the world’s largest iron ore producers, recently predicted that the world mining industry would need to produce at least another 100 million metric tons of the steelmaking commodity per year over the next eight years to satisfy demand growth projections of the world. |
Posted: 02 Sep 2011 05:30 AM PDT In a significant move yesterday, the Canadian Cable MSO Shaw Communications Inc. (NYSE:SJR) decided to put aside its plan to enter into the wireless market of that country. Instead, the company will now build a cheaper Wi-Fi network, which will enable offloading 3G/4G wireless data traffic across a short distance from landline Internet access points, such as homes, offices, snacks bars etc. Wi-Fi network will enable Shaw's customers to connect smartphones, tablets, and other mobile devices to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – EUR/GBP Down During The European Session Posted: 02 Sep 2011 05:00 AM PDT Forexpros – The Euro was lower against the British Pound on Friday. EUR/GBP was trading at 0.8789, down 0.27% at time of writing. The pair was likely to find support at 0.8778, today's low, and resistance at 0.8884, Wednesday's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.05% to hit 1.4253 and EUR/JPY falling 0.19% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Pre-NY Open Top Stories: Shares Sag, Pressure Build For ECB To Cut Rate, SNB To Intervene Posted: 02 Sep 2011 04:31 AM PDT European equities and S&P500 futures are weaker as we head into the all important non-farm payroll report. |
Forex – GBP/CHF Down In European Trade Posted: 02 Sep 2011 04:30 AM PDT Forexpros – The British Pound was lower against the Swiss Franc on Friday. GBP/CHF was trading at 1.2653, down 1.71% at time of writing. The pair was likely to find support at 1.2581, today's low, and resistance at 1.3536, Monday's high. Meanwhile, the British Pound was up against the U.S. Dollar and the Euro, with GBP/USD gaining 0.20% to hit 1.6213 and EUR/GBP falling 0.22% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 02 Sep 2011 04:28 AM PDT USD/CHF The USD/CHF accelerated its bearish correction in Friday's European session. |
Forex – AUD/USD Down In European Trading Hours Posted: 02 Sep 2011 04:00 AM PDT Forexpros – The Australian Dollar was lower against the U.S. Dollar on Friday. AUD/USD was trading at 1.0700, down 0.19% at time of writing. The pair was likely to find support at 1.0574, Monday's low, and resistance at 1.0765, Thursday's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.16% to hit 1.3322 and AUD/JPY falling 0.40% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – USD/CHF Down During The European Session Posted: 02 Sep 2011 03:20 AM PDT Forexpros – The U.S. Dollar was lower against the Swiss Franc on Friday after the release of Swiss data on Employment Level. USD/CHF was trading at 0.7806, down 1.87% at time of writing. The pair was likely to find support at 0.7764, today's low, and resistance at 0.8241, Monday's high. Earlier in the day, official data showed that The number of people employed in Switzerland fell unexpectedly to a seasonally adjusted 2.77M in the last quarter from 4.11M in the preceding … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Crude Oil On The Defensive, Gold Finding Support Ahead Of US Jobs Data Posted: 02 Sep 2011 03:17 AM PDT Talking Points Crude Oil On the Defensive Ahead of US Jobs Report WTI Crude Oil (NY Close): $88.93 // +0.12 // +0.14% |
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