Wednesday, September 7, 2011

DailyMarkets.com - Forex – EUR/USD Gains In Early Asian Trade

DailyMarkets.com - Forex – EUR/USD Gains In Early Asian Trade

Forex – EUR/USD Gains In Early Asian Trade

Posted: 07 Sep 2011 04:43 PM PDT

Forexpros –
Forexpros – The euro moved lower against the U.S. dollar in Asian trade Thursday, following a German court decision approving the country's participation in a bailout plan for debt-threatened euro-zone nations.
EUR/USD hit 1.4078 in early Asian trade, the pair's lowest since Tuesday; the pair subsequently consolidated at 1.4084 falling 0.10%.
The pair was likely to find support at 1.3974, Tuesday's low, and resistance at 1.4288, last Friday's high.
Greek and German stock … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The Asian Session

Posted: 07 Sep 2011 04:10 PM PDT

Forexpros – The Euro was lower against the U.S. Dollar on Wednesday.

EUR/USD was trading at 1.4081, down 0.12% at time of writing.

The pair was likely to find support at 1.3974, Tuesday's low, and resistance at 1.4288, Friday's high.

Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.02% to hit 0.8814 and EUR/JPY falling 0.001% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Best Buy Unveils Online Third-party Marketplace

Posted: 07 Sep 2011 03:58 PM PDT

09/07/11 Best Buy Marketplace will open its website to third party sellers. The electronics retailer continues to remain competitive with online rivals such as … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

International Paper Seals TIN Buy

Posted: 07 Sep 2011 03:35 PM PDT

International Paper (NYSE:IP) inked a deal to acquire all of the outstanding common stock of Temple-Inland (NYSE:TIN) for $32.00 per share in cash. The company will also assume $600 million in Temple-Inland’s debt. The total purchase consideration is valued at $4.3 billion. The acquisition is expected to close in the first quarter of 2012 with earnings accretive to International Paper after one year of closing.
Earlier, in June, International Paper made a $3.3 billion or $30.60 per share in cash … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Up In Asian Trade

Posted: 07 Sep 2011 03:35 PM PDT

Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Wednesday.

NZD/USD was trading at 0.8338, up 0.21% at time of writing.

The pair was likely to find support at 0.8206, Tuesday's low, and resistance at 0.8546, Friday's high.

Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.30% to hit 1.2775 and EUR/NZD falling 0.33% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Needed: Bear Spray

Posted: 07 Sep 2011 03:23 PM PDT

Needed: Bear Spray
Hiking in the thin air of the Tetons got me thinking about long-tail events, namely a possible encounter with an unfriendly bear. As Chairman Greenspan used to say about deflation, the probability may be low but the consequences would be dire enough to warrant defensive measures. I'm not certain of the consequences. Of the two types of bear, the brown bear and the grizzly, one kills you and the other kills you and eats you. There is some confusion, however, about which is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ECB And BoE Rate Announcements, President Obama Speaks, Bernanke Speaks, US Weekly Jobless Claims, International Trade, EIA Petroleum And Natural Gas Report

Posted: 07 Sep 2011 10:20 AM PDT

09/07/11 Central bank rate decisions and key speeches will highlight Thursday’s event … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Market Continues To Wear Rally Cap

Posted: 07 Sep 2011 03:18 PM PDT

Cusick’s Corner
Rally Caps are on and news from Germany supported the Euro Currency, catalyzing the bulls here in the States. Risk Off assets, Gold and Bonds, are shedding gains fast while Financials, Energy and Tech are the new leaders — the world is back to normal and will I sleep well tonight. I will however be getting up early to prepare for the Claims data due out pre-market and in front of the speech scheduled by the President that evening (thank goodness it’s before the World Champion … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Sunoco To Let Go Refining Units

Posted: 07 Sep 2011 03:10 PM PDT

As a part of its restructuring initiatives to reduce losses and boost profitability, Sunoco, Inc. (NYSE:SUN) announced plans to put up its Philadelphia and Marcus Hook refineries for sale. The company also plans to conduct an extensive strategic appraisal of its liquidity position as well as the prospects of its logistics and retail businesses.
Sunoco will look for potential buyers for the Pennsylvania-based refineries. In the absence of a profitable disposition deal, the company plans to idle the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BP Plans To Invest $1.1B

Posted: 07 Sep 2011 03:02 PM PDT

BP Plc (NYSE:BP) along with its partners has announced an investment of up to 700 million pounds ($1.1 billion) for the development of the Kinnoull reservoir in central North Sea after the project was approved by the U.K. government.
Kinnoull is the largest of the three reservoirs being developed to tap prospects in the Andrew area in the North Sea, around north-east of Aberdeen. Kinnoull contains 45 million barrels of oil equivalent and the investment will stretch its production life beyond … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ACAS Exits Value Plastics

Posted: 07 Sep 2011 03:02 PM PDT

On Friday, American Capital Ltd. (NASDAQ:ACAS) announced the divesture of its portfolio company VP Acquisition Holdings Inc. (Value Plastics). The unit was acquired by Nordson Corporation (NASDAQ:NDSN) in August 2011 for $250 million.
Previously, in July, NDSN entered into an agreement to acquire Value Plastics. Value Plastics designs and manufactures precision engineered, plastic molded, single-use fluid connection components used largely in vital flow control applications for healthcare and medical … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Humana Firmly On Top

Posted: 07 Sep 2011 03:02 PM PDT

We have reiterated our Outperform recommendation on Humana Inc. (NYSE:HUM) based on its consistent operational performance despite the challenging regulatory and economic environment.
The company's second-quarter operating earnings came in at $671.4 million or $2.50 per share, surpassing $566.4 million or $2.11 per share in the year-ago quarter. This also compares favorably with the Zacks Consensus Estimate of $2.07 per share.
The better-than-expected results were attributable to higher … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

First Solar Wins India Order

Posted: 07 Sep 2011 03:02 PM PDT

First Solar Inc. (NASDAQ:FSLR) has entered into an agreement with one of India's leading independent power producers, Reliance Power, for the supply of 100 megawatt (MW) solar modules.
Per the agreement, First Solar will deliver 40MW of advanced thin film modules to Reliance Power by the end of 2011 while the remaining 60MW is expected to be delivered in 2012.
This agreement marks the largest photovoltaic (PV) module supply agreement in India to date. Reliance Power will use the solar panels for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Boeing And ViaSat To Tango

Posted: 07 Sep 2011 02:35 PM PDT

The Boeing Company (NYSE:BA) has awarded contracts valued at approximately $40 million to rival ViaSat Inc. (NASDAQ:VSAT) to develop a ground-based beam forming (GBBF) system for the Mexican Satellite System ("MEXSAT"). The beam forming system is designed to operate with the Boeing L-band geomobile satellite system being provided for Secretaria de Communicaciones y Transportes ("SCT") of Mexico.
ViaSat is under contract to supply Boeing with GBBF processors, the control and management system, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Praxair India On Expansion Spree

Posted: 07 Sep 2011 02:35 PM PDT

Industrial gas supplier Praxair Inc's (NYSE:PX) Indian subsidiary, Praxair India Private Limited recently announced its plan to construct a 300 ton daily capacity air separation plant in western India.
The company's new state-of-the-art plant will be located in the industrial corridors of Pune-Mumbai, roughly 60 kilometers from Mumbai and is expected to come online by the end of year 2012.
Praxair India will supply liquid oxygen, nitrogen and argon to customers in the states of Maharashtra and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Rig Use Falls By 7 Units

Posted: 07 Sep 2011 02:35 PM PDT

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (NYSE:BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to a decrease in the tally of land rigs.
The Baker Hughes rig count, issued since 1944, acts as an important yardstick for drilling contractors such as Transocean Inc. (NYSE:RIG), Diamond Offshore (NYSE:DO), Noble Corp. (NYSE:NE), Nabors Industries (NYSE:NBR), Patterson-UTI Energy (NASDAQ:PTEN) … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Vornado Refinances Office Property

Posted: 07 Sep 2011 02:05 PM PDT

Vornado Realty Trust (NYSE:VNO), a leading real estate investment trust (REIT), has recently refinanced a mortgage loan collateralized by 555 California Street – a three-building office complex spanning 1.8 million square feet in San Francisco.
The company utilized the proceeds from the $600 million refinancing transaction and $45 million cash-in-hand to repay the existing mortgage loan. The new 10-year loan, which bears interest at 5.1%, amortizes based on a 30-year schedule beginning in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dow Rallies To Gain 275 Points On Executive Shakeups & Strong German News

Posted: 07 Sep 2011 02:00 PM PDT

09/07/11 NYFP’s Closing Bell Market Monitor: The Dow Jones posts its first gain of September led by a positive German court ruling, stong global economic data, & a shakedown in executive ranks at Yahoo and Bank of … [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: 07 Sep 2011 01:55 PM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Wednesday.

EUR/USD was trading at 1.4096, up 0.69% at time of writing.

The pair was likely to find support at 1.3974, Tuesday's low, and resistance at 1.4288, Friday's high.

Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.41% to hit 0.8816 and EUR/JPY rising 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Enterprise, Enbridge, Anadarko Join Up

Posted: 07 Sep 2011 01:40 PM PDT

Enterprise Products Partners L.P. (NYSE:EPD), Enbridge Energy Partners L.P., (NYSE:EEP) and Anadarko Petroleum Corporation (NYSE:APC) have jointly agreed to build a new natural gas liquids (NGL) pipeline called the Texas Express Pipeline (TEP). The pipeline will originate from Skellytown, Texas in Carson County and extend about 580 miles to NGL fractionation and storage facilities in Mont Belvieu, Texas.
The new Texas Express Pipeline will connect West and Central Texas, the Rocky Mountains, Southern … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down Toward The End Of U.S. Session

Posted: 07 Sep 2011 01:40 PM PDT

Forexpros – The U.S. Dollar was lower against the Japanese Yen on Wednesday.

USD/JPY was trading at 77.29, down 0.47% 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 0.71% to hit 1.4099 and GBP/USD rising 0.28% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Another Contract For Lockheed

Posted: 07 Sep 2011 01:35 PM PDT

Lockheed Martin Corporation (NYSE:LMT) has received a $100.5 million contract from the U.S. Air Force for the production of paveway II Plus Laser Guided Bomb GBU-12 guidance kits.
The award to Lockheed Martin represents part of a $475 million five-year, firm-fixed-price, multiple-award procurement plan announced by the U.S. Air Force on August 1, 2011. Lockheed Martin’s paveway II Plus Laser Guided Bomb guidance kits significantly improve weapon accuracy. The company will begin deliveries on the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

DineEquity Gets New Finance Head

Posted: 07 Sep 2011 01:35 PM PDT

DineEquity Inc. (NYSE:DIN) recently announced the appointment of Tom Emrey as its chief financial officer (CFO), effective September 12. Emrey succeeds John F. Tierney, who will continue for some more time to facilitate a seamless transition. The reason behind Tierney's departure, however, was not disclosed.
Emrey was the executive vice president and chief operating officer at Universal Studios Home Entertainment for the last four years. Universal Studios Home Entertainment is a subsidiary of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Volcano Corp. Remains Neutral

Posted: 07 Sep 2011 01:35 PM PDT

Recently, we reiterated our Neutral recommendation on Volcano Corporation (NASDAQ:VOLC) with a target price of $30.00.
Volcano Corporation reported an EPS of 9 cents in the second quarter of fiscal 2011, way above the Zacks Consensus Estimate of 3 cents but a penny lower than the previous fiscal. Revenues increased 14.3% year over year to reach $84 million and were in line with the Zacks Consensus Estimate.
While revenues from Consoles declined 9% to $9.8 million, strong growth has been witnessed in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Big Gov’t Doesn’t Create Jobs, Gibson Guitar Does

Posted: 07 Sep 2011 01:31 PM PDT

Tennessee Congresswoman Marsha Blackburn issued the following statement today announcing that Gibson Guitar CEO, Henry Juszkiewicz, will be her special guest for President Barack Obama's address to the Joint Session of Congress on Thursday night:

"Gibson Guitar is at the heart of this jobs debate, and is an example of exactly why President Obama has it wrong when it comes to getting our economy back on track. Maybe if the President spent more time finding real solutions to empowering small … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up Toward The End Of U.S. Session

Posted: 07 Sep 2011 01:25 PM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Wednesday.

EUR/USD was trading at 1.4099, up 0.71% at time of writing.

The pair was likely to find support at 1.3974, Tuesday's low, and resistance at 1.4288, Friday's high.

Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.44% to hit 0.8818 and EUR/JPY rising 0.22% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Listening For The Footsteps Of A Pullback

Posted: 07 Sep 2011 01:18 PM PDT

With the market largely treading water over the last 10 years and investors experiencing several gut wrenching corrections over this period, it is no wonder that investment psyche has evolved from one of buy and hold to buy and protect.
Unlike a roller coaster, in investing the fun comes with the ride up, not with the nail biting ride down. Yet in the past 18 months alone buy and hold investors experienced a 30% decline in Google, a 46% decline in Ford, a 50% decline in Cisco and a 67% decline … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Markets Close Higher; Dow Jones Up 2.47%

Posted: 07 Sep 2011 01:15 PM PDT

Forexpros – U.S. stocks were up after the closing bell on Wednesday.

At the close of U.S. trade, the Dow Jones Industrial Average rose 2.47%, the S&P 500 index gained 2.86%, while the Nasdaq 100 index climbed 2.59%.

Meanwhile, across the Atlantic, European stock markets closed higher. France's CAC 40 was up 3.63%; Germany's DAX gained 4.07%; Britain's FTSE 100 climbed 3.14%; and the EURO STOXX 50 rose … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Under Armour Realigns For Growth

Posted: 07 Sep 2011 01:14 PM PDT

Keeping its focus on long-term growth opportunities, Under Armour Inc. (NYSE:UA), one of the leading developers, marketers and distributors of branded sports apparel, footwear and accessories, recently announced realignment of senior executive team.
Under Armour maintains strict control over its brand image, with an in-house marketing and promotions department, engaged in designing and producing all advertising campaigns while cautiously controlling the distribution of its products.
Who Got … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EA’s New Game Could Be Gamechanger

Posted: 07 Sep 2011 01:14 PM PDT

Video game developer and publisher Electronic Arts Inc. (NASDAQ:ERTS), better known as EA, recently announced its latest offering Tiger Woods PGA TOUR 12: The Masters for personal computers (PCs), including Apple Inc.'s (NASDAQ:AAPL) Macintosh platform for the first time in the company's history.
Tiger Woods PGA TOUR 12: The Masters, which was originally released in the first quarter of this calendar year on Microsoft Corp.'s (NASDAQ:MSFT) Xbox 360 and Sony Corp.'s (NYSE:SNE) PlayStation 3 gaming … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gilead Amends HCV Combo Study

Posted: 07 Sep 2011 01:14 PM PDT

Gilead Sciences Inc. (NASDAQ:GILD) recently announced its decision to discontinue the use of its pipeline candidate GS 9190, which is a polymerase inhibitor, in trials evaluating GS 9190 in combination with pegylated interferon, ribavirin (standard of care) and other agents in patients infected with the hepatitis C virus (HCV).
Gilead is hoping to build one of the largest hepatitis C pipelines with six compounds in clinical development. Moreover Gilead is also developing proprietary drug … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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

Posted: 07 Sep 2011 12:55 PM PDT

Forexpros – The British Pound was higher against the U.S. Dollar on Wednesday.

GBP/USD was trading at 1.5977, up 0.21% at time of writing.

The pair was likely to find support at 1.5919, today's low, and resistance at 1.6254, Friday's high.

Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.47% to hit 0.8822 and GBP/JPY falling 0.25% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Biogen To Fully Acquire JV With Dompe

Posted: 07 Sep 2011 12:35 PM PDT

Biogen Idec (NASDAQ:BIIB) recently announced its intention to acquire 100% of Dompé’s shares in its joint ventures (JVs) in Italy and Switzerland. Biogen and Dompé had entered into a joint venture in 1997. While the joint venture was initially focused on the commercialization of Avonex, the collaboration was later expanded to include commercial, distribution and service rights for Tysabri.
Once Biogen gains full control of the joint ventures, it will have a direct commercial presence in 29 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Diageo Recycles Byproduct For Energy

Posted: 07 Sep 2011 12:35 PM PDT

Global spirit giant Diageo Plc. (NYSE:DEO) has decided to invest $9.6 million for building a bioenergy plant that will recycle draff and reuse it for generating energy. The multinational has decided to set up the plant near Elgin, Scotland in Glenlossie distillery complex at Speyside.    
Draff is a byproduct of the grain that is used for making whisky. After distilling 12 million liters of whiskey the bioenergy plant will have almost 30,000 tones of draff at its disposal. This … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Kroger

Posted: 07 Sep 2011 12:35 PM PDT

The Kroger Company (NYSE:KR), one of the largest grocery retailers, is slated to report second-quarter 2011 financial results on September 9, 2011. The current Zacks Consensus Estimate for the quarter is 43 cents a share. For the quarter under review, revenue is $20,510 million, according to the Zacks Consensus Estimate.
First-Quarter 2011, a Synopsis
Kroger's first-quarter earnings of 70 cents a share topped the Zacks Consensus Estimate of 64 cents, and jumped 20.7% from 58 cents delivered in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Down In U.S. Trading Hours

Posted: 07 Sep 2011 12:30 PM PDT

Forexpros – The U.S. Dollar was lower against the Swiss Franc on Wednesday.

USD/CHF was trading at 0.8582, down 0.46% at time of writing.

The pair was likely to find support at 0.7712, Friday's low, and resistance at 0.8628, Tuesday's high.

Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.63% to hit 1.4087 and USD/JPY falling 0.42% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Banque Du Canada Holds Target For Overnight Rate At 1.00%

Posted: 07 Sep 2011 12:25 PM PDT

The Bank of Canada maintained its target for the overnight rate unchanged at 1.00%; also holding the Bank Rate at 1.25% and the deposit rate at 0.75%.  The Bank noted: “In light of slowing global economic momentum and heightened financial uncertainty, the need to withdraw monetary policy stimulus has diminished.  The Bank will continue to monitor carefully economic and financial developments in the Canadian and global economies, together with the evolution of risks, and set … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Opportunity

Posted: 07 Sep 2011 12:18 PM PDT

Cusick’s CornerOpportunity. Welcome to September with its wild swings and negativity at high levels. Gold experienced a 62 point range from the overnight highs and midday levels and the EU looks chaotic. It was quiet in the morning after the S&P’s pulling back 30 on the open but this is where we step up in risk assets to take advantage of the volatility and a bounce. Interesting sectors include Financials/Tech/Energy where traders may be selling at the money puts, buying in the money calls … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Engulfed

Posted: 07 Sep 2011 12:17 PM PDT

Cusick’s Corner
Engulfed, the market turned tail into the After Hours and reversed the fortunes of the early morning pullback. APPL/AMZN/IP/JCP were just a few of the names where the reversal in their early morning trends was the strongest. If you look at the Charts of these names, their action completely engulfed the action from Friday, flagging a potential turn in directional basis. While I need confirmation in the action of these underlings tomorrow, I use this as a signal that peak my … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Volatility Weakens

Posted: 07 Sep 2011 12:17 PM PDT

Cusick’s Corner
The market has now shifted into a neutral stage, except of course in Gold, GCZ11 -$44, which is in a free fall. I am not trying to catch a falling knife so I also am not jumping on the band wagon of selling Gold at this time; Gold is a trade that I am keeping an eye on to get a better read. I am managing some of my spreads that I have had on over the last week or so. One trend that has been occurring during this recent run up — volatility is coming out, especially in some of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Swedish Central Bank Holds Repo Rate At 2.00%

Posted: 07 Sep 2011 12:14 PM PDT

Sweden’s Riksbank held its benchmark repo rate unchanged at 2.00%.  The Bank said: “The concern over public finances abroad has increased and global growth prospects have deteriorated. The slowdown in the Swedish economy is thus expected to be more pronounced than was forecast in July. The Executive Board of the Riksbank has therefore decided to now hold the repo rate unchanged at 2 per cent and to postpone continued increases slightly.”

The Riksbank previously increased the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Raytheon Focuses On Public Safety

Posted: 07 Sep 2011 12:10 PM PDT

Defense contractor Raytheon Company (NYSE:RTN) announced that its unit Network Centric Systems has combined its security solutions and civil communications businesses to form a part of a new product line namely Security and Transportation Systems ("STS").
The STS product line will enable Raytheon to increase its footprints in public safety markets via cross-selling to commercial and government customers. This new line will also aid the company to develop novel technologies and products to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Drill, Drill, Drill Jobs Plan: +1.4 Million Jobs, $800 Billion In Revenue, And Increased Energy Security

Posted: 07 Sep 2011 12:10 PM PDT

U.S. oil, gas jobs: Status Quo vs. Increased Development

With more than 22 million Americans unemployed (14 million) or working-part time and unable to find full-time employment (8.5 million), there is obviously nothing more important economically today than job creation.  The issue of jobs will likely be one of the main topics at the Republican debate tonight, and it will President Obama’s only topic tomorrow night when he addresses a joint session of Congress and outlines his new jobs … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In U.S. Trade

Posted: 07 Sep 2011 12:10 PM PDT

Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Wednesday.

USD/CAD was trading at 0.9858, down 0.46% at time of writing.

The pair was likely to find support at 0.9757, Friday's low, and resistance at 0.9965, Tuesday's high.

Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.67% to hit 1.4093 and GBP/USD rising 0.21% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Accuray Sets Up “AERO”

Posted: 07 Sep 2011 12:05 PM PDT

Leading radiosurgery systems maker Accuray Incorporated (NASDAQ:ARAY) recently reported the launch of a global organization for the users of its popular CyberKnife radiosurgery system and TomoTherapy radiation therapy system.
The organization dubbed Accuray Exchange in Radiation Oncology ("AERO") is geared to advance patient care through global clinical and technical alliances. The formation of AERO was triggered by the increasing need for supporting a large user base for both CyberKnife and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Scorecard: Brown-Forman

Posted: 07 Sep 2011 12:05 PM PDT

One of the world’s leading producers and distributors of premium alcoholic beverages, Brown-Forman Corporation (BF.B) recently posted first-quarter 2012 results. The Street analysts had nearly a week to ponder on the news. In the subsequent paragraphs that follow, we will cover the recent earnings announcement, analysts’ estimate revisions as well as the Zacks Rank and long-term recommendation on the stock.
Quarterly Review
Brown-Forman Corp. recorded fiscal 2012 first-quarter earnings of 81 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Outlook For NZD/USD Based On Wave Structure; Case For 0.77

Posted: 07 Sep 2011 11:46 AM PDT

NZD/USD

The NZD/USD turned bearish in the beginning of August and slid in the first week of the month from 0.8842 to 0.7963.
Then for the rest of the month, the market consolidated in an ABC zig zag seen in the 4H chart, which topped off at 0.8572 to end the month.
In September so far, the market fell below the 4H 200SMA, and broke below the rising support for the correction pattern we saw in August.
This swing to 0.8205 also pushed the RSI below 30 establishing bearish momentum for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up In U.S. Trading Hours

Posted: 07 Sep 2011 11:45 AM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Wednesday.

EUR/USD was trading at 1.4099, up 0.71% at time of writing.

The pair was likely to find support at 1.3974, Tuesday's low, and resistance at 1.4288, Friday's high.

Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.43% to hit 0.8818 and EUR/JPY rising 0.26% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ETF Update: BICK, FIW

Posted: 07 Sep 2011 11:30 AM PDT

09/07/11 Weekly ETF update with special focus on: First Trust BICK Index Fund (BICK) and First Trust ISE Water Index Fund … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Euro Rebounds On German Court Ruling & Industrial Production Jump

Posted: 07 Sep 2011 05:25 AM PDT

09/07/11 Investors are seeking out the euro this afternoon as a German court ruling rejecting calls to block EU participation and a jump in German industrial orders kept investors seeking out the higher-yielding euro … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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