DailyMarkets.com - Google Beefs Up Flight Search
DailyMarkets.com - Google Beefs Up Flight Search |
- Google Beefs Up Flight Search
- Pfizer Extends Icagen Offer Again
- Alliant, MKEK Strengthen Ties
- Ecolab Gets New Credit Lines
- Statoil Halts Huldra Production
- Wynn Clears Govt. Hurdle For Cotai
- Hot Option Plays: He Said, She Said – Sarkozy & Merkel
- Forex – AUD/USD Down In U.S. Trade
- IRIDAS SpeedGrade In Adobe Suite
- Options Player Harvests Premium, Sells Ralph Lauren Corp. Calls
- Retail Sales Flat In August
- Frisch’s Dividend A Penny Up
- Forex – USD/JPY Down During The U.S. Session
- Forex Trading: EURUSD Moves Toward The Next Target At 1.3744
- “We Are In For Dire Times”
- Margin Climbs At CrowdGather
- JPMorgan Expects Lower 3Q Revenue
- Valero Continues To Outperform
- Dollar Weakens, Euro Rebounds On Euro Bond Talks
- European Markets Close Higher; Dax Up 3.36%
- A Steep Drop In Crude As Gasoline Inventories Spike
- WRE Acquires Assets In Virginia
- Cosi Sees Top-Level Exit
- Forex Trading: Euro Contagion Has Spread Across Markets And Crisis Has Become Systemic
- Staples Announces Share Buyback
- Duke’s Wind Power Power’s DEMEC
- Has The Natural Gas Market Been Tamed?
- Forex Trading: EURUSD Testing 100 Hour MA At The 1.3714 Level
- Arrow Downgraded To Neutral
- Motorola Mobility Remains Neutral
- JetBlue August Traffic Rises
- Walgreen Joins U.S. Cardiac Program
- Unilife Develops Self-infusion System
- Discover Charge-off Hits New Low
- Delta To Fly Less In 2012
- Universal Forest Strategizes To Grow
- Novartis Discusses Long-Term Goals
- Cartoon Of The Day: Opportunity Cost
- US Stocks Open Higher, Turn Lower As EU Back In Focus
- Charts Of The Day: College Degrees And Employers
- Forex – Dollar Edges Higher Ahead Of Greece Debt Talks
- Crude Oil Futures Hold Losses After Mixed U.S. Inventory Data
- Ponzi To Perry: The Truth About Social Security
- Chase Freedom Credit Card Gives You 5% Cash Back On Shopping, Dining This Year End
- Natural Gas Futures Edge Lower On Profit Taking
- Forex – GBP/USD Off Daily High After U.S. Retail, PPI Data
- Forex Trading: USDCHF Is Down But Grind Is Slow And Support Buyers Remain
- U.S. Business Inventories Rise Less-than-expected In July
- Euro Firms As Merkel Reassures Market On Greek Finances
- Forex – EUR/USD Trims Gains After Disappointing U.S. Data
- Walmart Supports Women
- Samsung Sues Apple In French Court
- Gold Futures Extend Losses Amid Euro Zone Hopes
- Forex Trading: EURUSD Tests 38.2% Of Days Range In Up And Down Action
- Positive Data On Vivus’ ED Drug
- Stock Market News Briefs: Best Buy Co., The Blackstone Group L.P., Cummins, Deutsche Bank AG, Huntsman, InterMune, US Airways Group New, Timberland Company
- DTS Partners Interra
- Retail Sales Disappoint
- Forex – USD/CAD Holds Gains After U.S. Retail Sales, PPI Data
- Investors Still Looking To Europe: Euro Bond Study To Be Released While China Addresses Debt Rumors
- Are Chain Stores Good Or Bad?
- Forex Trading: EURUSD Falls Back Below 100 Hour MA. This Level And 1.3704 Will Be Eyed.
- CAG Sets Deadline For Ralcorp
- RTN Gets MoD Contract For Boomerang
- U.S. Stock Futures Point To Higher Open; Dow Up 0.4%
- U.S. PPI Flat In Line With Expectations In August
- U.S. Retail Sales Flat In August
- Gallup-Healthways Report Well-Being
- Another Feather In Qualcomm’s Cap
- Forex – Dollar Slips Vs. Rivals As Euro Zone Concerns Ease
- Forex – GBP/USD Off 8-month Low, Tracking Euro Higher
- Coffee Futures Fall To 3-day Low As Brazil Supply Fears Ease
- Forex – EUR/USD Erases Losses, Boosted By Barroso Comments
- Crude Oil, Gold Look To US Retail Sales Report For Direction
- Forex – USD/CHF Erases Modest Gains, Slips To Session Low
- Forex Trading: Eurozone Industrial Production (m/m) 1.0% Vs. 1.5% Expected.
- Forex – EUR/GBP Erases Losses After Barroso Comments
- Euro Stocks Turn Higher As Banks Trim Losses; DAX Up 0.25%
- Central Bank Of Russia Keeps Refi Rate At 8.25%
- Euro Zone Industrial Production Rises Less-than-expected
- Forex – Dollar Broadly Higher Vs. Riavals On Safe Haven Demand
- U.K. Claimant Count Change Rises Less-than-expected
- Crude Oil Pulls Back From 6-week High, U.S. Supply Data Eyed
- Forex – GBP/USD Hits 8-month Low Amid BoE Easing Concerns
- Forex – USD/JPY In Tight Range Amid Intervention Concerns
- Forex Trading: Euro Firmer In Recent Trade, Recieving Hourly Trend Line Support
- Gold Futures Dip As Stronger Dollar Weighs, EZ Debt Supports
- Forex – NZD/USD Hits 2-day Low On Increased Safe Haven Demand
- Switzerland PPI Declines More-than-expected In August
- Forex – AUD/USD Hits 5-week Low As Euro Zone Debt Woes Weigh
- Singapore Stock Market Update For Wednesday 14 September
- Asia Stocks Drop On Euro Zone Fears; Nikkei Falls 1.15%
- Forex – EUR/USD Falls After Moody’s Downgrades French Lenders
- Bear Of The Day: Gentiva Health Services (GTIV)
- Bull Of The Day: BorgWarner, Inc. (BWA)
- Growth & Income Stock: Chico's FAS, Inc.
- Momentum Stock: National Beverage Corp
- Aggressive Growth Stock: STAAR Surgical Co.
- Forex – EUR/USD Down During The Asian Session
- Forex – GBP/USD Down In Asian Trade
- Forex – Dollar Rises In Mid-day Asian Trade
- Forex – USD/JPY Lower In Mid-day Asian Trade
- Asian Stocks Rise In Early Trade; Nikkei Adds 0.4%
- Gold Futures Lifted In Early Asian Trade
- Crude Oil Rallies In Early Asian Trade
- How To Create More Jobs By Lowering Wages: Texas And America
- On The Same Wavelength
- US Dollar Cycle Review
- Forex – EUR/USD Inches Up In Early Asian Trade
- Forex – EUR/USD Up During The Asian Session
- Virgin To Boost Broadband Speed
- Virgin To Boost Broadband Speed
- Record Number Of Americans Living In Poverty
- Hot Option Plays: Contrarian
- Accenture Clears Whistleblower Suit
- LabCorp Strengthens Portfolio
- Forex – NZD/USD Down In Asian Trade
- US Retail Sales, PPI, Business Inventories, EIA Oil Inventories; Greece’s Papandreou’s Teleconference; UK Data – Jobless Claims, Average Weekly Earnings, Unemployment Rate; Euro-Zone Industrial Production
- Germany OKs NYSE-Boerse Merger
- Home Depot Reiterated Neutral
- Initiating Coverage Of OnPoint Medical Diagnostics With Outperform Rating
- Johnson & Johnson Gets CRL
- Titanium Repurchases Shares
- E*TRADE’s August DARTs Surge
- Stock Watch List For Wednesday, Set 14
- Detroit Sets Future On Two-Tier Wages; That Could Be Part Of The American Manufacturing Renaissance
- MXWL’s Ultra Capacitors For China
- Equinix Secures Back-to-Back Deals
- Franklin’s August AUM Plummets
- Choppy Trade Leads To A 44 Point Gain For The Dow & European Debt Crisis Uncertainty Lingers
- Forex – EUR/USD Down At The End Of U.S. Session
- VeriFone Strengthens Distribution
- Forex – USD/JPY Down Toward The End Of U.S. Session
- Brookfield Acquires Maryland Assets
- Hartford Records High 3Q CAT Loss
- Novartis Drug Cleared In EU For SEGA
- Forex – EUR/USD Up Toward The End Of U.S. Session
- U.S. Markets Close Higher; Dow Jones Up 0.40%
- Analyst Interviews: Semiconductor Stock Outlook
- Polo Ralph To Outperform
- TAM Upgraded To Neutral
- Southwest Hopeful On Holiday Travel
- Forex – GBP/USD Down During The U.S. Session
- Williams Companies Hikes Payout
- 37% Of The Uninsured Live In Households Making $50k Or More, And 40% Are Between 18-34 Years
- Forex – USD/CHF Down In U.S. Trading Hours
- Data Announced On Bydureon
- Forex – USD/CAD Down In U.S. Trade
- Forex – GBP/USD Down In U.S. Trading Hours
- Traders Pile Into Office Depot Calls As Shares Climb
| Posted: 14 Sep 2011 12:15 PM PDT Google Inc's (NASDAQ:GOOG) revamped air ticket portal launched without much fanfare on Tuesday. Without a doubt, the search giant is entering the travel market, something made easy with its acquisition of ITA Software, which was recently cleared by the Justice Department.
|
| Pfizer Extends Icagen Offer Again Posted: 14 Sep 2011 12:15 PM PDT Pfizer Inc. (NYSE:PFE) recently extended the expiration date of its tender offer for all outstanding shares of Icagen, Inc. (NASDAQ:ICGN). The tender offer, which was slated to expire on September 12, 2011 (6 pm, New York City time), is now scheduled to expire on September 19, 2011 (6 pm, New York City time). Pfizer said that it will not extend the offering period further.
|
| Posted: 14 Sep 2011 12:05 PM PDT Alliant Techsystems Inc. (NYSE:ATK) has received a two-year contract from Mechanical and Chemical Industry Corporation (Makina ve Kimya Endustrisi Kurumu or "MKEK"). The deal extends their decade-long partnership and is a part of the 10-year extension signed in December 2010.
|
| Posted: 14 Sep 2011 12:05 PM PDT Leading cleaning and sanitation products company Ecolab Inc (NYSE:ECL) recently stated that it has arranged a committed bank financing worth $3.5 billion, which will enable it to fund the acquisition of water treatment company Nalco Holding Company (NYSE:NLC).
|
| Statoil Halts Huldra Production Posted: 14 Sep 2011 11:35 AM PDT Statoil ASA's (NYSE:STO) production was hit hard by a fire that broke out at its Huldra platform in the North Sea. The company said that the fire was spotted in an air compressor compartment on the platform, situated west of Mongstad.
|
| Wynn Clears Govt. Hurdle For Cotai Posted: 14 Sep 2011 11:35 AM PDT Wynn Macau Limited, a subsidiary of Wynn Resorts Limited (NASDAQ:WYNN) has finally received its long-awaited approval from the Macau Government for development at the Cotai Strip. The land concession contract entails the company to construct a resort with a five-star hotel, gaming areas, retail and other amenities under its hood, in collaboration with Palo Real Estate Company Limited on 51 acres of land in the Cotai area.
|
| Hot Option Plays: He Said, She Said – Sarkozy & Merkel Posted: 14 Sep 2011 11:34 AM PDT Cusick’s Corner
|
| Forex – AUD/USD Down In U.S. Trade Posted: 14 Sep 2011 11:15 AM PDT Forexpros – The Australian Dollar was lower against the U.S. Dollar on Wednesday after the release of U.S. data on Core Retail Sales. AUD/USD was trading at 1.0262, down 0.48% at time of writing. The pair was likely to find support at 1.0178, today's low, and resistance at 1.0635, Friday's high. Earlier in the day, official data showed that U.S. core retail sales rose less-than-expected to a seasonally adjusted 0.1% last month from 0.3% in the preceding month whose figure was revised … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| IRIDAS SpeedGrade In Adobe Suite Posted: 14 Sep 2011 11:05 AM PDT Adobe Systems Inc. (NASDAQ:ADBE) announced that it has acquired certain assets of privately held IRIDAS, including its acclaimed SpeedGrade project for processing, color grading, and finishing of digital content, plus robust stereo-3D tools. Terms of the deal were not disclosed.
|
| Options Player Harvests Premium, Sells Ralph Lauren Corp. Calls Posted: 14 Sep 2011 10:55 AM PDT Options player harvests premium, sells Ralph Lauren Corp. calls
|
| Posted: 14 Sep 2011 10:50 AM PDT Retail and food service sales were unchanged in August, below expectations of a 0.2% increase. July was revised down from an increase of 0.5% to an increase of 0.3%. Total retail sales are up 7.2% from a year ago. This was a disappointing report, and shows the consumer is still quite cautious. This year, “back to school” did not mean “back to the mall.” The Retail Sales report covers far more than just the malls, however, and is a very broad-based measure of consumer spending. Since consumer … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Posted: 14 Sep 2011 10:50 AM PDT Frisch’s Restaurants Inc. (FRS) recently announced its decision to hike quarterly dividend by a penny to 16 cents per share, reflecting a 6.7% increase from the prior dividend payout. The increased dividend will be paid on October 10, 2011 to stockholders of record on September 26, 2011. This represents the 203rd consecutive quarterly dividend paid by Frisch’s Restaurants and brings the new forward annual dividend yield to 3.22% as of September 12, 2010.
|
| Forex – USD/JPY Down During The U.S. Session Posted: 14 Sep 2011 10:45 AM PDT Forexpros – The U.S. Dollar was lower against the Japanese Yen on Wednesday after the release of U.S. data on Core Retail Sales. USD/JPY was trading at 76.68, down 0.34% at time of writing. The pair was likely to find support at 76.66, today's low, and resistance at 77.86, Friday's high. Earlier in the day, official data showed that U.S. core retail sales rose less-than-expected to a seasonally adjusted 0.1% last month from 0.3% in the preceding month whose figure was revised down from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex Trading: EURUSD Moves Toward The Next Target At 1.3744 Posted: 14 Sep 2011 10:40 AM PDT Of coure the confenence call comments from Merkel, Sarkozy and Papendreou will be forthcoming and they are likely to express support of Greece. Perhaps it will be buy the rumor, sell the fact. The 1.3744 level so far is finding profit taking sellers against the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Posted: 14 Sep 2011 10:40 AM PDT 09/14/11 LandColt Trading’s Todd Schoenberger weighs in on the flat retail sales and inflation figures from the US, and ongoing debt crisis in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Posted: 14 Sep 2011 10:35 AM PDT Ken Nagy, CFA On September 13, 2011, CrowdGather, Inc. (CRWG), with its networks of forum communities on the Internet, reported financial results for its fiscal 2012 first quarter, ended July 31, 2011. The first quarter performance resulted in a 1.2 percent year over year increase in revenue, with revenue increasing to $334,036 from $330,079 for the three months ended July 31, 2010. However, net loss came in weaker, increasing 41 percent year over year to a net … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| JPMorgan Expects Lower 3Q Revenue Posted: 14 Sep 2011 10:35 AM PDT JPMorgan Chase & Co.(NYSE:JPM) anticipates its Investment Bank, Asset Management and Corporate/Private Equity segments to post lower or negative revenues sequentially in the third quarter of 2011. This was stated by Mr. Jes Staley, JPMorgan’s head of investment banking, at the Barclays Global Financial Services Conference.
|
| Valero Continues To Outperform Posted: 14 Sep 2011 10:35 AM PDT We are maintaining our long-term Outperform recommendation on Valero Energy Corporation (NYSE:VLO) with a target price of $26.00 per share. Valero is one of the largest independent retailers of refined petroleum products in the central and southwestern U.S. and in eastern Canada, with more than 5,800 retail outlets under various brand names, including Diamond Shamrock, Valero, Ultramar and Beacon.
|
| Dollar Weakens, Euro Rebounds On Euro Bond Talks Posted: 14 Sep 2011 05:30 AM PDT 09/14/11 Helped by European Commision President Juan Manuel Barroso pledging to publish a study on introducing euro bonds, the euro currency rebounded from recent lows this afternoon as investors sought out riskier … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| European Markets Close Higher; Dax Up 3.36% Posted: 14 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 3.36%, London's FTSE 100 gained 1.02%, France's CAC 40 climbed 1.87% and the EURO STOXX 50 was up 2.29%. Earlier in the day, official data showed that U.S. core retail sales rose less-than-expected to a seasonally adjusted 0.1% last month from 0.3% in the preceding month whose figure was revised down from 0.5%. Analysts had expected U.S. core retail sales to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| A Steep Drop In Crude As Gasoline Inventories Spike Posted: 14 Sep 2011 05:00 AM PDT 09/14/11 Weak retail sales figures and a surprising spike in gasoline inventories sent front month crude prices trading below $90 a barrel this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| WRE Acquires Assets In Virginia Posted: 14 Sep 2011 09:53 AM PDT Washington Real Estate Investment Trust (WRE) recently acquired Braddock Place, a 345,000 square foot office campus in Alexandria, Virginia, for $101 million. The acquisition was funded with cash proceeds from its recent sale transaction of an industrial portfolio.
|
| Posted: 14 Sep 2011 09:53 AM PDT Cosi Inc. (NASDAQ:COSI), a premium casual dining restaurant chain, recently announced that its Chief Executive Officer (CEO), President and a member of the board of directors, James Hyatt has resigned due to personal reasons.
|
| Forex Trading: Euro Contagion Has Spread Across Markets And Crisis Has Become Systemic Posted: 14 Sep 2011 09:53 AM PDT This is according to an EU document for finance ministers
|
| Staples Announces Share Buyback Posted: 14 Sep 2011 09:35 AM PDT Staples Inc. (NASDAQ:SPLS), the global leader in the supply of office products, in its attempt to optimize its shareholders' return, recently announced a new share repurchase program.
|
| Duke’s Wind Power Power’s DEMEC Posted: 14 Sep 2011 09:35 AM PDT Duke Energy Renewables, a commercial business unit of Duke Energy Corporation (NYSE:DUK), will build and operate a new Laurel Hill Windpower Project in Lycoming County, north-central Pennsylvania. Under a 25-year agreement, it will sell the electricity generated from it to Delaware Municipal Electric Corporation (DEMEC).
|
| Has The Natural Gas Market Been Tamed? Posted: 14 Sep 2011 09:33 AM PDT Wednesday, September 14, 2011
|
| Forex Trading: EURUSD Testing 100 Hour MA At The 1.3714 Level Posted: 14 Sep 2011 09:08 AM PDT The EURUSD is testing the 100 hour MA at the 1.3714 level. The pair has been supported by expected comments from Merkel, Sarkozy, Papendreou who are scheduled to meet to discuss the Greek problems at 12:45 ET. The expectation is there will be more positive comments from the leaders following their meeting.
|
| Posted: 14 Sep 2011 09:05 AM PDT We recently downgraded our recommendation to Neutral from Outperform on Arrow Electronics (NYSE:ARW).
|
| Motorola Mobility Remains Neutral Posted: 14 Sep 2011 09:05 AM PDT We reaffirm our long-term Neutral recommendation on Motorola Mobility Holdings Inc. (MMI) following its recent agreement with Google Inc. (NASDAQ:GOOG), which will enable the later to acquire 100% of the company. Motorola Mobility reported mixed financial results for the second quarter of 2011. While revenue beatsthe Zacks Consensus Estimates EPS fell below it. We believe the company is yet to turnaround since it forecasted a disappointing third-quarter 2011 financial outlook mainly due to the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Posted: 14 Sep 2011 08:41 AM PDT The discounted U.S. airline JetBlue Airways Corporation (NASDAQ:JBLU) reported a 5.8% year-over-year increase in August 2011 traffic. Airline traffic is measured in billions of revenue passenger miles, which implies one mile flown by one passenger.
|
| Walgreen Joins U.S. Cardiac Program Posted: 14 Sep 2011 08:41 AM PDT Walgreen (NYSE:WAG), the US Department of Health and Human Services (HHS), the Centers for Disease Control and Prevention (CDC) and the Centers for Medicare and Medicaid Services (CMS) have teamed up in a campaign called Million Hearts Initiative in order to prevent 1 million heart attacks and strokes over 5 years.
|
| Unilife Develops Self-infusion System Posted: 14 Sep 2011 08:41 AM PDT Retractable syringes maker Unilife Corporation (UNIS) reported that it has developed the AutoInfusor subcutaneous (under the skin) infusion systems. It is the world's first and only automated subcutaneous infusion system geared for patient self-administration of drugs with dose volumes between 3mL (milliliter) and 10mL.
|
| Discover Charge-off Hits New Low Posted: 14 Sep 2011 08:41 AM PDT On Monday, Discover Financial Services (NYSE:DFS) declared its credit card charge-offs for the month of August 2011, through a regulatory filing. The company recorded a total charge-off of only $50.8 million, or 3.6% of balances on an annualized basis, down from $54.4 million or 3.83% in July 2011. This is the lowest figure since the beginning of the economic recession a couple of years ago.
|
| Posted: 14 Sep 2011 08:41 AM PDT The second largest U.S. airline Delta Air Lines Inc. (NYSE:DAL) plans to trim its capacity by 2–3% next year followed by this year's capacity reductions. The cuts will be in markets where fare hikes are unable to deal with higher fuel prices.
|
| Universal Forest Strategizes To Grow Posted: 14 Sep 2011 08:41 AM PDT After reporting disappointing second quarter 2011 results, Universal Forest Products Inc. (NASDAQ:UFPI) proposes to undertake initiatives to drive profitability and growth. The company recently announced some strategic changes to augment new product development and fuel international sales. The changes are likely to be effective from October 1, 2011.
|
| Novartis Discusses Long-Term Goals Posted: 14 Sep 2011 08:41 AM PDT Novartis(NYSE:NVS), the Swiss drug manufacturer, recently discussed its long-term strategy and gave an overview of the growth benefits from the Alcon merger.
|
| Cartoon Of The Day: Opportunity Cost Posted: 14 Sep 2011 08:36 AM PDT “And if you drive a typical car more than a mile out of your way for each penny you save on the per-gallon price, it doesn’t matter how worthless your time is to you – the gas to get there and back costs more than you save.” Source. HT: Don … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| US Stocks Open Higher, Turn Lower As EU Back In Focus Posted: 14 Sep 2011 08:20 AM PDT 09/14/11 The Dow and USD reversed earlier action, as Euro-zone debt worries back in focus. US PPI and retail sales were flat, while business inventories gained … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Charts Of The Day: College Degrees And Employers Posted: 14 Sep 2011 07:51 AM PDT From The Economist: Female Graduation Rates around the world. World’s largest … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex – Dollar Edges Higher Ahead Of Greece Debt Talks Posted: 14 Sep 2011 07:48 AM PDT Forexpros – The U.S. dollar edged higher against almost all of its major counterparts on Wednesday, amid uncertainty ahead of a scheduled conference call between the leaders of Greece, France and Germany to discuss progress on Greece's bailout. During U.S. morning trade, the greenback was slightly higher against the euro, with EUR/USD slipping 0.06% to hit 1.3669. The euro found support earlier as concerns over the debt crisis in the euro zone eased after European Commission President … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Crude Oil Futures Hold Losses After Mixed U.S. Inventory Data Posted: 14 Sep 2011 07:47 AM PDT Forexpros – Crude oil futures held on to losses on Thursday, after a government report showed U.S. crude supplies fell significantly more-than-expected last week, while gasoline inventories rose unexpectedly. On the New York Mercantile Exchange, light sweet crude futures for delivery in October traded at USD88.78 a barrel during U.S. morning trade, tumbling 1.62%. It earlier fell as much as 1.8% to trade at a daily low of USD88.53 a barrel. The contract traded at USD89.18 prior to the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Ponzi To Perry: The Truth About Social Security Posted: 14 Sep 2011 07:36 AM PDT AEI economist Andrew Biggs (formerly principal deputy commissioner of Social Security) writes in the American.com (emphasis added): “What makes the Social Security/Ponzi references so common is the similarity in the way they are financed. In both cases, early participants receive payments, not from interest on their own investments, but directly from inflows from later participants. If you were describing the mechanics of how Social Security's financing works, it wouldn't be … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Chase Freedom Credit Card Gives You 5% Cash Back On Shopping, Dining This Year End Posted: 14 Sep 2011 07:35 AM PDT Now that summer is coming to an end, and October is fast approaching, those of you who are thinking of saving more money when it comes to dining out, shopping or movies during the next few months, should consider getting the Chase Freedom credit card, issued by JPMorgan Chase (NYSE:JPM), which lets you earn 5% bonus cash back on dining, movies, and department stores. From October 1 till December 31, 2011, you will earn 5% cash back on the first $1,500 spent on dining purchases, movies, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Natural Gas Futures Edge Lower On Profit Taking Posted: 14 Sep 2011 07:33 AM PDT Forexpros – Natural gas futures edged lower on Wednesday, pulling back from a three-day high as some mild-profit taking emerged after Tuesday's sharp gains. On the New York Mercantile Exchange, natural gas futures for October delivery traded at USD3.979 per million British thermal units during U.S. morning trade, easing down 0.1%. It earlier fell as much as 0.7% to trade at a daily low of USD3.956 per million British thermal units. Natural gas prices jumped nearly 2.5% on Tuesday to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex – GBP/USD Off Daily High After U.S. Retail, PPI Data Posted: 14 Sep 2011 07:27 AM PDT Forexpros – The pound erased gains against the U.S. dollar on Wednesday, retreating from the daily high after government data showed that U.S. retail sales and producer prices were flat in August. GBP/USD pulled back from 1.5815, the daily high, to hit 1.5768 during U.S. morning trade, slipping 0.08%. Cable was likely to find support at 1.5705, the days low and an eight-month low and resistance at 1.5869, Tuesday's high. The Commerce Department said U.S. retail sales were flat in August, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex Trading: USDCHF Is Down But Grind Is Slow And Support Buyers Remain Posted: 14 Sep 2011 07:09 AM PDT The USDCHF is down on the day and moved to new 3 day lows for the pair. The fall breached the 38.2% of the move up from the low on September 6th (the day after intervention) and the high reached on September 12th. That level comes in at the 0.87769 level.
|
| U.S. Business Inventories Rise Less-than-expected In July Posted: 14 Sep 2011 07:04 AM PDT Forexpros – U.S. business inventories rose less-than-expected in July, official data showed on Wednesday. In a report, the U.S. Census Bureau said that wholesale inventories rose by 0.4% in July, short of expectations for a 0.5% gain. June's figure was revised to an increase of 0.4% from a previously reported 0.3% gain. Year-on-year, business inventories rose at an annualized rate of 10.6% in July, after rising at a rate of 11.1% in June. Following the release of the data the U.S. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Euro Firms As Merkel Reassures Market On Greek Finances Posted: 14 Sep 2011 07:02 AM PDT Fundamental Headlines
|
| Forex – EUR/USD Trims Gains After Disappointing U.S. Data Posted: 14 Sep 2011 06:58 AM PDT Forexpros – The euro trimmed gains against the U.S. dollar on Wednesday, pulling back from a three-day high after reports showing that U.S. retail sales and producer prices were flat in August. EUR/USD pulled away from 1.3747, the pair's highest since last Friday, to hit 1.3694 during U.S. morning trade, up 0.12% on the day. The pair was likely to find support at 1.3557, Tuesday's low and an almost seven-month low and short-term resistance at 1.3738, Tuesday's high. The Commerce … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Posted: 14 Sep 2011 06:55 AM PDT Walmart Stores Inc. (NYSE:WMT), the world's leading grocery retailer, has a basket of plans aimed at women across the globe for next five years. The company has announced plans to invest in goods and services from U.S. businesses owned by women and would also train women workers across the globe to boost their productivity.
|
| Samsung Sues Apple In French Court Posted: 14 Sep 2011 06:55 AM PDT The legal tensions between Apple Inc. (NASDAQ:AAPL) and Samsung Electronics Co. keeps intensifying, the latest development being that the latter has filed a case against Apple in a district court in Paris, France.
|
| Gold Futures Extend Losses Amid Euro Zone Hopes Posted: 14 Sep 2011 06:52 AM PDT Forexpros – Gold futures extended losses on Wednesday, as a cautious sense of optimism that euro zone policymakers will make progress in resolving the region's debt crisis dampened the safe haven appeal of the precious metal. On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,817.65 a troy ounce during U.S. morning trade, slumping 0.54%. It earlier fell as much as 0.95% to trade at a daily low of USD1,816.35 a troy ounce. Concerns … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex Trading: EURUSD Tests 38.2% Of Days Range In Up And Down Action Posted: 14 Sep 2011 06:46 AM PDT The 100 hour MA level at the 1. 3722 area currently held upside resistance and the price rotated back lower. The pair fell to the 38.2% of the days trading range and held support. Now the price is back above the 1.3700 level as the price swings to the upside and to the downside.
|
| Positive Data On Vivus’ ED Drug Posted: 14 Sep 2011 06:36 AM PDT Vivus Inc. (NASDAQ:VVUS) recently presented positive data from a late-stage trial on its erectile dysfunction (ED) candidate, avanafil, at the 47th European Association for the Study of Diabetes Annual Meeting. The REVIEW-Diabetes study (TA-302), which enrolled 390 patients with type I and type II diabetes, demonstrated that patients receiving avanafil achieved significant improvement in erectile function.
|
| Posted: 14 Sep 2011 06:36 AM PDT Best Buy Co., Inc. (NYSE:BBY) posted Q2 EPS of $0.47, lower than the Zacks Consensus Estimate of $0.53 per share. Revenues for the quarter were flat year-over-year at $11.35 billion, missing the Zacks Consensus Estimate of $11.442 billion Share prices of airline company US Airways Group, Inc. (NYSE:LCC) advanced 16.29% after its president said that the airline has not witnessed a decline in demand Chief operating officer of engine maker … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Posted: 14 Sep 2011 06:36 AM PDT DTS Inc. (DTSI) recently announced that it has entered into a partnership with Interra Systems. Under the terms of the partnership, DTS will integrate its high-definition audio codec support into Interra's digital media quality control and media analysis solutions.
|
| Posted: 14 Sep 2011 06:36 AM PDT Europe remains in the headlines, with rating downgrades for two major French banks due to their Greek exposure. But the overall tone of Europe-centric headlines has improved as the Germans have started to back-peddle from some of their tougher statements. It may be a tad calmer in Europe today, but rest assured that the issue is not going away anytime soon. But we have plenty of economic news on the domestic front this morning, with a soft Retail Sales report and a fairly benign inflation … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex – USD/CAD Holds Gains After U.S. Retail Sales, PPI Data Posted: 14 Sep 2011 06:30 AM PDT Forexpros – The U.S. dollar held on to gains against its Canadian counterpart on Wednesday, following the release of lackluster data on U.S. retail sales and wholesales prices, while easing concerns over the debt crisis in the euro zone helped limit losses. USD/CAD hit 0.9937 during U.S. morning trade, the daily high; the pair subsequently consolidated at 0.9907, gaining 0.5%. The pair was likely to find support at 0.9829, the low of September 8 and resistance at 1.0026, the high of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Investors Still Looking To Europe: Euro Bond Study To Be Released While China Addresses Debt Rumors Posted: 14 Sep 2011 01:15 AM PDT 09/14/11 NYFP’s Morning Market Brief: The European Commision set to release euro bond study, China responds to Italian debt purchase rumors, and waiting teleconference results between Germany, France, and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Posted: 14 Sep 2011 06:15 AM PDT From LearnLiberty.org: “Are chain stores good or bad? According to Professor Art Carden, there are reasons to both like and dislike chain stores. The reasons to like chain stores include their ability to lower prices, increase variety, and reduce uncertainty. However, chain stores also do things to dislike such as pursuing special government privileges like subsidies and eminent domain. Essentially, when chain stores respond to the incentives of the market, they create wealth for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex Trading: EURUSD Falls Back Below 100 Hour MA. This Level And 1.3704 Will Be Eyed. Posted: 14 Sep 2011 06:14 AM PDT The price of the EURUSD has fallen below the 100 hour MA at the 1.3725 level (currently and moving lower) and also below the 1.3704 level which was highs and lows in the intraday chart below. The 38.2% retracement of the days range is the next target to breach at the 1.3687 level (see below). The 100 and 200 bar MA (blue and green line in the chart below) at the 1.3669 is joined with the 50% of the days range. This level should be key support today for the pair if the momentum … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Posted: 14 Sep 2011 06:05 AM PDT ConAgra Foods Inc. (NYSE:CAG) reaffirmed its $94 a share all-cash offer for the acquisition of Ralcorp Holdings Inc. (NYSE:RAH), setting a deadline for the proposal, which was previously rejected by Ralcorp without a dialogue with ConAgra Foods, on August 12, 2011.
|
| RTN Gets MoD Contract For Boomerang Posted: 14 Sep 2011 06:05 AM PDT Raytheon BBN Technologies, a wholly owned subsidiary of Raytheon Company (NYSE:RTN), has been selected by the U.K. Ministry of Defense (MoD) for the supply of Boomerang shooter detection systems. Raytheon Company had acquired BBN Technologies in October 2009 for approximately $350 million.
|
| U.S. Stock Futures Point To Higher Open; Dow Up 0.4% Posted: 14 Sep 2011 05:44 AM PDT Forexpros – U.S. stock futures pointed to a higher open on Wednesday, erasing earlier losses as a cautious sense of optimism that euro zone policymakers will make progress in resolving the region's debt crisis supported risk sentiment. Ahead of the open, the Dow Jones Industrial Average futures pointed to a gain of 0.4%, the S&P 500 futures indicated an increase of 0.55%, while the Nasdaq 100 futures pointed to a 0.65% gain. U.S. stock futures were lower earlier as risk aversion … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| U.S. PPI Flat In Line With Expectations In August Posted: 14 Sep 2011 05:41 AM PDT Forexpros – Producer price inflation in the U.S. was flat in August, official data showed on Wednesday. In a report, the Bureau of Labor Statistics said that PPI was flat in August, broadly in line with expectations, following a 0.2% gain in July. Year-over-year, the producer price index rose at an annualized rate of 6.5% in August, after advancing at a rate of 7.2% in July, broadly in line with expectations. Core PPI, which excludes food and energy costs, rose less-than-expected in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| U.S. Retail Sales Flat In August Posted: 14 Sep 2011 05:37 AM PDT Forexpros – Retail sales in the U.S. were flat in August, official data showed on Wednesday. In a report, the U.S. Census Bureau said that retail sales were flat in August, confounding expectations for a 0.2% gain. July's figure was revised down to a 0.3% gain from a previously reported 0.5% increase. Core retail sales, which exclude automobile sales, rose less-than-expected, inching up 0.1%, below expectations for a 0.2% gain. Core retail sales for May were revised down to a 0.3% gain … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Gallup-Healthways Report Well-Being Posted: 14 Sep 2011 05:25 AM PDT Healthways (NASDAQ:HWAY), the well-being enhancement company, and statistical research services provider Gallup recently announced the results of the monthly Gallup-Healthways Well-Being Index ("WBI") for August 2011. The overarching WBI measure remained on the higher side at 66.1.
|
| Another Feather In Qualcomm’s Cap Posted: 14 Sep 2011 05:25 AM PDT Qualcomm Inc. (NASDAQ:QCOM) received a shot in its arm from the upcoming Windows operating system of Microsoft Corp. (NASDAQ:MSFT). Qualcomm is collaborating with Microsoft to develop chipsets from its state-of-the-art next-generation Snapdragon platform for notebook and tablets that will use Windows 8 operating system. Moreover, Qualcomm's Gobi mobile Internet connectivity solutions will provide 3G/4G LTE connectivity to those devices that will run on Windows 8 software.
|
| Forex – Dollar Slips Vs. Rivals As Euro Zone Concerns Ease Posted: 14 Sep 2011 05:13 AM PDT Forexpros – The U.S. dollar gave up early gains against its major counterparts on Wednesday, slipping broadly lower as concerns over the debt crisis in the euro zone eased following remarks by European Commission President Jose Manuel Barroso. During European afternoon trade, the greenback was down against the euro, with EUR/USD rising 0.40% to hit 1.3733. Barroso said the commission would soon present options for the introduction of euro area bonds, but he warned that the measure alone … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex – GBP/USD Off 8-month Low, Tracking Euro Higher Posted: 14 Sep 2011 04:43 AM PDT Forexpros – The pound erased losses against the U.S. dollar on Wednesday, pulling back from an eight month low, tracking the euro higher as concerns over the euro zone debt crisis eased following remarks by the head of the European Commission. GBP/USD rebounded from 1.5705; the pair's lowest since January 12, to hit 1.5787 during European afternoon trade, inching up 0.04%. Cable was likely to find support at 1.5705, the days low and resistance at 1.5869, Tuesday's high. Market … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Coffee Futures Fall To 3-day Low As Brazil Supply Fears Ease Posted: 14 Sep 2011 03:45 AM PDT Forexpros – Coffee futures were down for a second day on Wednesday, falling to a three-day low after Brazil forecast the largest off-cycle harvest in more than a decade, easing concerns over tightening global supplies. On the ICE Futures Exchange, Arabica coffee for December delivery traded at USD2.6768 a pound during European morning trade, slumping 0.64%. It earlier fell as much as 0.76% to trade at USD2.6735 a pound, the lowest price since September 9, when prices hit a three-week low of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex – EUR/USD Erases Losses, Boosted By Barroso Comments Posted: 14 Sep 2011 03:36 AM PDT Forexpros – The euro erased losses against the U.S. dollar on Wednesday, pulling back from the daily low as comments by the president of the European Commission offered hopes of progress in resolving the debt crisis in the euro zone. EUR/USD rebounded from 1.3592, the daily low, to hit 1.3714 during European late morning trade, climbing 0.27%. The pair was likely to find support at 1.3557, Tuesday's low and an almost seven-month low and short-term resistance at 1.3738, Tuesday's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Crude Oil, Gold Look To US Retail Sales Report For Direction Posted: 14 Sep 2011 03:30 AM PDT Talking Points Crude Oil Gains Hinted Ahead as S&P 500 Futures Edge Higher WTI Crude Oil (NY Close): $90.21 // +2.02 // +2.29%
|
| Forex – USD/CHF Erases Modest Gains, Slips To Session Low Posted: 14 Sep 2011 03:21 AM PDT Forexpros – The U.S. dollar erased modest gains against the Swiss franc on Wednesday, pulling back from the daily high after remarks by the head of the European Commission eased concerns over the debt crisis in the euro zone. USD/CHF retreated from 0.8853, the daily high, to hit 0.8791 during European morning trade, slipping 0.13%. The pair was likely to find short-term support at 0.8705, last Friday's low and resistance at 0.8879, Tuesday's high and an almost four-month high. Market … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex Trading: Eurozone Industrial Production (m/m) 1.0% Vs. 1.5% Expected. Posted: 14 Sep 2011 02:52 AM PDT … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex – EUR/GBP Erases Losses After Barroso Comments Posted: 14 Sep 2011 02:46 AM PDT Forexpros – The euro erased losses against the pound on Wednesday, pulling away from the daily low after the head of the European Commission said options for the introduction of euro area bonds would soon be presented. EUR/GBP pulled back from 0.8639, the daily low, to hit 0.8670 during European morning trade, inching up 0.03%. The pair was likely to find support at 0.8594, Tuesday's low and resistance at 0.8719, last Friday's high. The euro found support after Commission President … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Euro Stocks Turn Higher As Banks Trim Losses; DAX Up 0.25% Posted: 14 Sep 2011 02:22 AM PDT Forexpros – European stock markets erased early losses to trade modestly higher on Wednesday, as shares in French lenders pared sharp losses suffered in the wake of a credit downgrade by ratings agency Moody's earlier in the day. During European morning trade, the EURO STOXX 50 rose 0.35%, France's CAC 40 climbed 0.4%, while Germany's DAX 30 edged 0.25% higher. European equities opened lower as risk sentiment was hit after Moody's downgraded the credit ratings of Societe Generale … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Central Bank Of Russia Keeps Refi Rate At 8.25% Posted: 14 Sep 2011 02:13 AM PDT The Central Bank of Russia held its benchmark refinancing rate steady at 8.25%, but cut the overnight auction-based repurchase rate by 25 basis points to 5.25% and raised the fixed overnight deposit rate by 25 basis points to 3.75%. The Bank said: “The decision was supported by the assessment of inflation risks and risks to the sustainability of economic growth, including those associated with the uncertainty of the outlook for global economic activity, as well as of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Euro Zone Industrial Production Rises Less-than-expected Posted: 14 Sep 2011 02:08 AM PDT Forexpros – Industrial production in the euro zone rose less-than-expected in July, official data showed on Wednesday. In a report, Eurostat, the European statistics agency said industrial production rose by a seasonally adjusted 1.0% in July, falling short of expectations for a 1.5% gain. June's figure was revised to a 0.8% from a previously reported 0.7% drop. Year-on-year, industrial production rose at an annualized rate of 4.2% in July, after climbing at a rate of 2.6% in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex – Dollar Broadly Higher Vs. Riavals On Safe Haven Demand Posted: 14 Sep 2011 01:47 AM PDT Forexpros – The U.S. dollar was broadly higher against its major counterparts on Wednesday, as markets remained pessimistic over signs of progress in resolving the ongoing debt crisis in the euro zone. During European morning trade, the greenback was up against the euro, with EUR/USD shedding 0.23% to hit 1.3645. The euro remained under pressure after ratings agency Moody's downgraded the long term debt rating of two of France's largest lenders, citing their exposure to Greek … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| U.K. Claimant Count Change Rises Less-than-expected Posted: 14 Sep 2011 01:35 AM PDT Forexpros – The number of people claiming unemployment benefits in the U.K. rose less-than-expected in August, official data showed on Wednesday. In a report, the U.K. Office for National Statistics said that the claimant count rose by a seasonally adjusted 20,300 in August, below expectations for an increase of 35,000. The previous month's figure was revised down to 33,700 from a previously reported 37,100. The rate of unemployment held steady at 7.9%, broadly in line with … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Crude Oil Pulls Back From 6-week High, U.S. Supply Data Eyed Posted: 14 Sep 2011 01:27 AM PDT Forexpros – Crude oil futures were down on Wednesday, pulling back from a six-week high as some mild-profit taking emerged after Tuesday's sharp gains, while mounting fears over the euro zone's debt crisis also weighed. On the New York Mercantile Exchange, light, sweet crude futures for delivery in October traded at USD89.22 a barrel during European morning trade, retreating 1.1%. It earlier fell as much as 1.4% to trade at a daily low of USD88.53 a barrel. Crude prices jumped nearly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex – GBP/USD Hits 8-month Low Amid BoE Easing Concerns Posted: 14 Sep 2011 01:06 AM PDT Forexpros – The pound fell to an eight-month low against the U.S. dollar on Wednesday, weighed by concerns that the Bank of England may soon implement fresh easing measures to shore up the faltering economy. GBP/USD hit 1.5707 during early European trade, the pair's lowest since January 12; the pair subsequently consolidated at 1.5740, shedding 0.23%. Cable was likely to find support at 1.5582, the low of January 12 and resistance at 1.5869, Tuesday's high. Data on Tuesday showing that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex – USD/JPY In Tight Range Amid Intervention Concerns Posted: 14 Sep 2011 12:53 AM PDT Forexpros – The U.S. dollar dipped against the yen on Wednesday, but the pair remained in a tight range as concerns over a possible intervention by Japan to weaken the yen left investors reluctant to push the currency higher. USD/JPY hit 76.84 during late Asian trade, the daily low; the pair subsequently consolidated at 76.89, dipping 0.03%. The pair was likely to find short-term support at 76.41, the low of August 31 and short-term resistance at 77.58, Monday's high. The yen remained … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex Trading: Euro Firmer In Recent Trade, Recieving Hourly Trend Line Support Posted: 14 Sep 2011 12:52 AM PDT There has been some buying in the Euro with the EUR/USD reaching 1.6373 in recent trade. From an hourly perspective we see a bullish trend line showing the pair support; developing since Friday. If upward trends continue, we look to 1.37437 as the next bullish … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Gold Futures Dip As Stronger Dollar Weighs, EZ Debt Supports Posted: 14 Sep 2011 12:36 AM PDT Forexpros – Gold futures edged lower on Wednesday, as a broadly stronger U.S. dollar dampened the appeal of the precious metal, while mounting fears over the euro zone's sovereign debt crisis continued to lend support. On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,824.75 a troy ounce during late Asian trade, dipping 0.15%. It earlier fell as much as 0.7% to trade at a daily low of USD1,820.55 a troy ounce. Concerns over the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex – NZD/USD Hits 2-day Low On Increased Safe Haven Demand Posted: 14 Sep 2011 12:28 AM PDT Forexpros – The New Zealand dollar fell to a two-day low against its U.S. counterpart on Wednesday, as growing concerns over the debt crisis in the euro zone and a weaker Australian dollar after data showing a downward revision to inflation weighed. NZD/USD hit 0.8143 during late Asian trade, the pair's lowest since Monday; the pair subsequently consolidated at 0.8191, shedding 0.44%. The pair was likely to find support at 0.8117, Monday's low and a one-month low and resistance at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Switzerland PPI Declines More-than-expected In August Posted: 14 Sep 2011 12:21 AM PDT Forexpros – Switzerland’s producer price index fell more-than-expected in August, official data showed on Wednesday. The Swiss Federal Statistical Office said its producer price index declined by a seasonally adjusted 1.2% in August, after declining by 0.7% in July. Analysts had expected Swiss PPI to ease by 0.3% in August. Year-over-year, the producer price index fell at an annualized rate of 1.9% in August, compared to analyst expectations for a 1.1% decline, after dropping at a rate of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex – AUD/USD Hits 5-week Low As Euro Zone Debt Woes Weigh Posted: 14 Sep 2011 12:08 AM PDT Forexpros – The Australian dollar fell to a five-week low against its U.S. counterpart on Wednesday, following a downward revision to inflation data and as fears over the debt crisis in the euro zone dampened demand for riskier assets. AUD/USD hit 1.0180 during late Asian trade, the pair's lowest since August 11; the pair subsequently consolidated at 1.0213, tumbling 0.94%. The pair was likely to find support at 1.0109, the low of August 11 and resistance at 1.0370, the day's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Singapore Stock Market Update For Wednesday 14 September Posted: 13 Sep 2011 11:59 PM PDT Morning Highlights Our Current Market Sentiment is neutral but biased towards the downside. Support is seen at 2700 with resistance at 2800, with a decrease in volume traded. This could signify that the selling pressure is less intense than in August, but we do expect market to trade sideways for now. Wed 14/09/11: US PPI (Aug), US Retail Sales (Aug) Thu 15/09/11: SG Retail Sales (July), US CPI (Aug), US Industrial Production (Aug), US … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Asia Stocks Drop On Euro Zone Fears; Nikkei Falls 1.15% Posted: 13 Sep 2011 11:46 PM PDT Forexpros – Asian stock markets were down sharply on Wednesday, with shares in the financial sector leading losses amid mounting fears that the euro zone's sovereign debt crisis will spill over to the region's banking sector. During late Asian trade, Hong Kong’s Hang Seng Index dropped 1%, Australia's ASX/200 Index sank 1.7%, while Japan's Nikkei 225 Index fell 1.15%. Asian equities initially opened higher, tracking overnight gains from Wall Street and amid signs of progress in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex – EUR/USD Falls After Moody’s Downgrades French Lenders Posted: 13 Sep 2011 11:35 PM PDT Forexpros – The euro fell against the U.S. dollar on Wednesday, after Moody's Investor Services downgraded the credit ratings of two of France's largest banks, adding to fears over the deepening debt crisis in the single currency bloc. EUR/USD hit 1.3592 during late Asian trade, the daily low; the pair subsequently consolidated at 1.3618, shedding 0.45%. The pair was likely to find support at 1.3493, Monday's low and a seven-month low and resistance at 1.3738, Tuesday's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Bear Of The Day: Gentiva Health Services (GTIV) Posted: 13 Sep 2011 11:05 PM PDT We have downgraded our recommendation on Gentiva Health Services (NASDAQ:GTIV) to Underperform, prompted by poor operating performance coupled with weakening financial position. The company’s second-quarter earnings lagged the Zacks Consensus Estimate, on the back of high interest payments as well as increased expenses, resulting in a deteriorated cash position.
|
| Bull Of The Day: BorgWarner, Inc. (BWA) Posted: 13 Sep 2011 11:05 PM PDT BorgWarner, Inc. (NYSE:BWA) continues to focus on new product launches supported by new business opportunities and acquisitions. Demand for its fuel-efficient engines and transmissions have grown stronger due to more stringent government regulations. As a result, the company’s revenues soared 28% in the second quarter of 2011, despite a drop in global vehicle production.
|
| Growth & Income Stock: Chico's FAS, Inc. Posted: 13 Sep 2011 11:05 PM PDT Chico’s FAS, Inc. (NYSE:CHS) has managed to generate exceptionally strong sales growth in a difficult retail environment. Same-store sales rose an incredible 12.8% in the second quarter of 2011, for instance.
|
| Momentum Stock: National Beverage Corp Posted: 13 Sep 2011 11:05 PM PDT National Beverage Corp (NASDAQ:FIZZ) has been a steady player in the weak market, recently hitting a new 52-week high on another strong quarter. With estimates on the rise and a high industry rank this Zacks #1 Rank stock is bubbling with momentum.
|
| Aggressive Growth Stock: STAAR Surgical Co. Posted: 13 Sep 2011 11:05 PM PDT STAAR Surgical Co (NASDAQ:STAA) nearly doubled last month while other stocks were getting crushed. Valuations are high, but if the outlook for this Zacks #1 Rank (Strong Buy) keeps getting better the gains could keep coming.
|
| Forex – EUR/USD Down During The Asian Session Posted: 13 Sep 2011 10:55 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Wednesday. EUR/USD was trading at 1.3634, down 0.32% at time of writing. The pair was likely to find support at 1.3500, Monday's low, and resistance at 1.3937, Friday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.16% to hit 0.8654 and EUR/JPY falling 0.41% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex – GBP/USD Down In Asian Trade Posted: 13 Sep 2011 10:25 PM PDT Forexpros – The British Pound was lower against the U.S. Dollar on Wednesday. GBP/USD was trading at 1.5759, down 0.13% at time of writing. The pair was likely to find support at 1.5742, today's low, and resistance at 1.5991, Friday's high. Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.23% to hit 0.8648 and GBP/JPY falling 0.22% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex – Dollar Rises In Mid-day Asian Trade Posted: 13 Sep 2011 08:21 PM PDT Forexpros –
|
| Forex – USD/JPY Lower In Mid-day Asian Trade Posted: 13 Sep 2011 07:41 PM PDT Forexpros –
|
| Asian Stocks Rise In Early Trade; Nikkei Adds 0.4% Posted: 13 Sep 2011 06:51 PM PDT Forexpros –
|
| Gold Futures Lifted In Early Asian Trade Posted: 13 Sep 2011 06:09 PM PDT Forexpros –
|
| Crude Oil Rallies In Early Asian Trade Posted: 13 Sep 2011 05:27 PM PDT Forexpros –
|
| How To Create More Jobs By Lowering Wages: Texas And America Posted: 13 Sep 2011 05:23 PM PDT Perry and Romney can duke it out over who created the most jobs, but governors have as much influence over job growth in their states as roosters do over sunrises.
|
| Posted: 13 Sep 2011 04:47 PM PDT In “Defending Shiller (Again),” Buttonwood’s Notebook reveals that, contrary to what your average retail broker (and CNBC pundit) would have you believe, stocks are not cheap (and that’s not even considering the possibility — nay, certainty — of another economic downturn and its effect on corporate bottom lines).
|
| Posted: 13 Sep 2011 04:46 PM PDT The one asset that can change the world. The US Dollar. A jump in value of the US Dollar would change company revenues in the US dramatically. This means stocks down, this means recession and not a small one. Cycles are cycles, and they are bullish for the US dollar. Price action is beginning to confirm the cycle. We do not have a classic Wyckoff break out just yet, but we are seeing signs of strength. This is the real reason for stocks falling 15% last month. Euro zone mess, Germany’s … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex – EUR/USD Inches Up In Early Asian Trade Posted: 13 Sep 2011 04:40 PM PDT Forexpros –
|
| Forex – EUR/USD Up During The Asian Session Posted: 13 Sep 2011 04:10 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.3684, up 0.04% at time of writing. The pair was likely to find support at 1.3500, Monday's low, and resistance at 1.4089, Thursday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.01% to hit 0.8668 and EUR/JPY rising 0.05% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Virgin To Boost Broadband Speed Posted: 13 Sep 2011 04:05 PM PDT United Kingdom's second largest pay-television and fixed-line telephone services provider, Virgin Media Inc (NASDAQ:VMED) recently partnered with Cisco Systems, Inc (NASDAQ:CSCO) to roll out its DOCSIS 3.0 technology as well as to provide high speed network service to its subscribers.
|
| Virgin To Boost Broadband Speed Posted: 13 Sep 2011 04:05 PM PDT United Kingdom's second largest pay-television and fixed-line telephone services provider, Virgin Media Inc (NASDAQ:VMED) recently partnered with Cisco Systems, Inc (NASDAQ:CSCO) to roll out its DOCSIS 3.0 technology as well as to provide high speed network service to its subscribers.
|
| Record Number Of Americans Living In Poverty Posted: 13 Sep 2011 03:58 PM PDT 09/13/11 The number of Americans living below the poverty line surged to a record 46.2 million. The US poverty rose to 15.1% in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Posted: 13 Sep 2011 03:37 PM PDT Cusick’s Corner
|
| Accenture Clears Whistleblower Suit Posted: 13 Sep 2011 03:35 PM PDT Technology outsourcing and consulting company Accenture plc (NYSE:ACN) recently announced that it has reached a settlement with the U.S. Justice Department and will pay a sum of $63.7 million to resolve a whistleblower lawsuit.
|
| Posted: 13 Sep 2011 03:35 PM PDT Laboratory Corporation of America Holdings (NYSE:LH) strengthened its portfolio with the launch of a companion diagnostic test for melanoma patients. Last month, Roche (RHHBY) had received approval from the US Food and Drug Administration (FDA) for the drug Zelboraf and a companion diagnostic test (cobas 4800 BRAF V600) for patients with inoperable or metastatic melanoma with the BRAFV600E gene mutation.
|
| Forex – NZD/USD Down In Asian Trade Posted: 13 Sep 2011 03:35 PM PDT Forexpros – The New Zealand Dollar was lower against the U.S. Dollar on Tuesday. NZD/USD was trading at 0.8220, down 0.09% at time of writing. The pair was likely to find support at 0.8119, Monday's low, and resistance at 0.8382, Thursday's high. Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.06% to hit 1.2536 and EUR/NZD rising 0.09% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Posted: 13 Sep 2011 03:20 PM PDT 09/13/11 US retail sales and inflation figures will be released. Greek PM Papandreou will speak with Merkel and Sarkozy on a conference … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Germany OKs NYSE-Boerse Merger Posted: 13 Sep 2011 03:15 PM PDT NYSE Euronext Inc.'s (NYSE:NYX) proposed merger with Deutsche Boerse reached one more milestone, yesterday, when it received the green signal from Germany's Federal Financial Supervisory Authority (BaFin). It has thereby cleared one of the significant regulatory hurdles in Europe.
|
| Posted: 13 Sep 2011 03:15 PM PDT We have maintained our long-term Neutral recommendation on The Home Depot Inc. (NYSE:HD) with a target price of $35.00 per share. Moreover, the company has a Zacks #3 Rank, implying a short-term Hold rating on the stock.
|
| Initiating Coverage Of OnPoint Medical Diagnostics With Outperform Rating Posted: 13 Sep 2011 03:01 PM PDT Brian Marckx, CFA
|
| Posted: 13 Sep 2011 03:01 PM PDT Johnson & Johnson (NYSE:JNJ) recently received a complete response letter (CRL) from the US Food and Drug Administration (FDA) for a supplemental Biologics License Application (sBLA). The company was looking to expand Simponi's (golimumab) label in the treatment of active psoriatic arthritis.
|
| Posted: 13 Sep 2011 03:01 PM PDT Titanium Metals Corporation (TIE) announced that its Board of Directors recently authorized the repurchase of 400,000 shares of its common stock at an average price of $14.6281 (exclusive of commissions).
|
| Posted: 13 Sep 2011 03:01 PM PDT Online broker E*TRADE Financial Corporation (NASDAQ:ETFC) released its Monthly Activity Report for August 2011 on Monday, recording a sequential as well as year-over-year rise in average U.S. trades driven by volatile markets.
|
| Stock Watch List For Wednesday, Set 14 Posted: 13 Sep 2011 02:53 PM PDT ( click to enlarge ) Rambus Inc. (NASDAQ:RMBS) – Volume picking up but needs to break this trend first to me. From the technical chart KD line shows positive signals as %K line is rising on top over %D line, and RSI continue moving up. OBV is beginning to turn around which suggests the stock is no longer being sold off. Looks good but hold for a bit. ( click to enlarge ) Sodastream International Limited (SODA) – The recent increase in trading volume and rising OBV suggests … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Detroit Sets Future On Two-Tier Wages; That Could Be Part Of The American Manufacturing Renaissance Posted: 13 Sep 2011 02:37 PM PDT DETROIT (NY TIMES) — “They are a cornerstone of Chrysler's unlikely comeback: 900 employees turning out a Jeep Grand Cherokee sport utility vehicle every 48 seconds of the working day at an assembly plant here. Nothing distinguishes them from other workers at the Jefferson North plant, except their paychecks. The newest workers earn about $14 an hour; longtime employees earn double that. With the economy slumping and job creation once again a pressing issue in the White House … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| MXWL’s Ultra Capacitors For China Posted: 13 Sep 2011 02:31 PM PDT Maxwell Technologies Inc. (NASDAQ:MXWL) announced that its ultra capacitors will be used by Zhengzhou Yutong Bus Co. Ltd. (Yutong) for energy storage and power delivery in fuel-efficient, low-emission, diesel-electric hybrid buses.
|
| Equinix Secures Back-to-Back Deals Posted: 13 Sep 2011 02:31 PM PDT Global data center service provider Equinix Inc. (NASDAQ:EQIX) has recently won a couple of new contracts, which will improve its pipeline considerably. First, TeliaSonera International Carrier, which is a global provider of cross-border IP and managed services, selected Equinix to expand its offerings globally through 25 of Equinix's International Business Exchange (IBX) data centers in North America, Europe and the Asia-Pacific.
|
| Franklin’s August AUM Plummets Posted: 13 Sep 2011 02:05 PM PDT Franklin Resources Inc. (NYSE:BEN) declared preliminary assets under management (AUM) of $716.4 billion by its subsidiaries for the end of August 2011. Results were down 4.1% from $747.2 billion as of July 31, 2011 but up 19.3% from $600.4 billion as of August 31, 2010.
|
| Choppy Trade Leads To A 44 Point Gain For The Dow & European Debt Crisis Uncertainty Lingers Posted: 13 Sep 2011 09:00 AM PDT 09/13/11 NYFP’s Closing Bell Market Monitor: a choppy trading session for US markets led European debt crisis concerns, Greek bankruptcy fears remain strong, & Best Buy takes a hit in same-store … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex – EUR/USD Down At The End Of U.S. Session Posted: 13 Sep 2011 01:55 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Tuesday after the release of U.S. data on Federal Budget Balance. EUR/USD was trading at 1.3680, down 0.001% at time of writing. The pair was likely to find support at 1.3500, Monday's low, and resistance at 1.4089, Thursday's high. Earlier in the day, official data showed that The U.S. federal budget balance fell unexpectedly to a seasonally adjusted -134.2B last month from -129.4B in the preceding month. Analysts had expected … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| VeriFone Strengthens Distribution Posted: 13 Sep 2011 01:50 PM PDT VeriFone Systems, Inc. (NYSE:PAY) recently announced that it has integrated Hypercom's international distributors into the VeriFone International Partner (VIP) program. This program will provide distributors with access to support resources and a wide array of technologies to enhance their ability to deliver the latest payment solutions to their markets.
|
| Forex – USD/JPY Down Toward The End Of U.S. Session Posted: 13 Sep 2011 01:40 PM PDT Forexpros – The U.S. Dollar was lower against the Japanese Yen on Tuesday after the release of U.S. data on Federal Budget Balance. USD/JPY was trading at 76.89, down 0.42% at time of writing. The pair was likely to find support at 76.76, Monday's low, and resistance at 77.86, Friday's high. Earlier in the day, official data showed that The U.S. federal budget balance fell unexpectedly to a seasonally adjusted -134.2B last month from -129.4B in the preceding month. Analysts had … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Brookfield Acquires Maryland Assets Posted: 13 Sep 2011 01:35 PM PDT Brookfield Office Properties Inc. (NYSE:BPO) recently announced the acquisition of an office building namely, Three Bethesda Metro Center in Bethesda, Maryland for $150.1 million from the Meridian Group. The building is currently 93.0% leased and provides ample scope for further development.
|
| Hartford Records High 3Q CAT Loss Posted: 13 Sep 2011 01:35 PM PDT Yesterday, Hartford Financial Services Group Inc. (NYSE:HIG) announced that the devastation caused by Hurricane Irene will lead to substantially high catastrophe (CAT) losses in the third quarter of 2011. The pre-tax catastrophe losses for July and August are expected to be within the range of $150–$250 million. Irene would account for about $75–$175 million.
|
| Novartis Drug Cleared In EU For SEGA Posted: 13 Sep 2011 01:35 PM PDT Novartis (NYSE:NVS) recently received a boost when its drug Votubia was approved for the treatment of subependymal giant cell astrocytomas (SEGA), a benign brain tumor associated with tuberous sclerosis (TS) in the European Union (EU).
|
| Forex – EUR/USD Up Toward The End Of U.S. Session Posted: 13 Sep 2011 01:25 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on Federal Budget Balance. EUR/USD was trading at 1.3684, up 0.03% at time of writing. The pair was likely to find support at 1.3500, Monday's low, and resistance at 1.4089, Thursday's high. Earlier in the day, official data showed that The U.S. federal budget balance fell unexpectedly to a seasonally adjusted -134.2B last month from -129.4B in the preceding month. Analysts had expected … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| U.S. Markets Close Higher; Dow Jones Up 0.40% Posted: 13 Sep 2011 01:15 PM PDT Forexpros – U.S. stocks were up after the closing bell on Tuesday. At the close of U.S. trade, the Dow Jones Industrial Average rose 0.40%, the S&P 500 index gained 0.91%, while the Nasdaq 100 index climbed 1.31%. Earlier in the day, official data showed that The U.S. federal budget balance fell unexpectedly to a seasonally adjusted -134.2B last month from -129.4B in the preceding month. Analysts had expected U.S. federal budget balance to rise to -126.5B last month. Meanwhile, across … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Analyst Interviews: Semiconductor Stock Outlook Posted: 13 Sep 2011 01:05 PM PDT The Semiconductor Industry serves as a driver, enabler and indicator of technological progress. Developments in the industry determine the way we work, transport ourselves, communicate, entertain ourselves and respond to our environment. The PCs we work on, the cars we drive, the phones we communicate with, the electronic gadgets on which we watch movies, listen to music and play games on, and the planes and weapons used to transport or protect us use semiconductor devices.
|
| Posted: 13 Sep 2011 01:05 PM PDT We maintain our long term Outperform recommendation on Polo Ralph Lauren Corp. (NYSE:RL). Polo Ralph Lauren is one of the leading specialty retailers of premium lifestyle merchandise in the U.S. The company also commands a strong portfolio of globally recognized brands, which provides a competitive edge to Polo Ralph Lauren and strengthens its well-established position in the market.
|
| Posted: 13 Sep 2011 01:05 PM PDT We recently upgraded our recommendation on Tam S.A (TAM) to Neutral from Underperform.
|
| Southwest Hopeful On Holiday Travel Posted: 13 Sep 2011 01:05 PM PDT Southwest Airlines (NYSE:LUV) is mulling over raising airfares for fall-winter season travel. After the losses post Hurricane Irene, the airline industry is looking at potential benefits from higher travel demand during the holidays and Southwest Airlines is no exception.
|
| Forex – GBP/USD Down During The U.S. Session Posted: 13 Sep 2011 12:55 PM PDT Forexpros – The British Pound was lower against the U.S. Dollar on Tuesday after the release of U.S. data on Federal Budget Balance. GBP/USD was trading at 1.5792, down 0.45% at time of writing. The pair was likely to find support at 1.5763, today's low, and resistance at 1.6083, Thursday's high. Earlier in the day, official data showed that The U.S. federal budget balance fell unexpectedly to a seasonally adjusted -134.2B last month from -129.4B in the preceding month. Analysts had … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Williams Companies Hikes Payout Posted: 13 Sep 2011 12:35 PM PDT Natural gas producer and pipeline firm The Williams Companies Inc. (WMB) raised its quarterly cash dividend to 25 cents per share ($1.00 per share annualized), representing an increase of 25.0% over the previous payout and double the dividend distributed in December 2010. The new dividend, to be paid to shareholders in December 2011, will cost the company an additional $29.4 million every three months.
|
| 37% Of The Uninsured Live In Households Making $50k Or More, And 40% Are Between 18-34 Years Posted: 13 Sep 2011 12:35 PM PDT The Census Bureau released its annual study today on “Income, Poverty, and Health Insurance Coverage in the United States: 2010,” and reported that there were 49.90 million uninsured Americans in 2010, up from 48.98 million in 2000. The chart above shows the household income levels of those 49.9 million uninsured Americans. There were 9.4 million uninsured Americans living in households making $75,000 per year or more, and this group represents almost 1 out of every 5 uninsured (19% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex – USD/CHF Down In U.S. Trading Hours Posted: 13 Sep 2011 12:30 PM PDT Forexpros – The U.S. Dollar was lower against the Swiss Franc on Tuesday after the release of U.S. data on Federal Budget Balance. USD/CHF was trading at 0.8794, down 0.10% at time of writing. The pair was likely to find support at 0.8584, Thursday's low, and resistance at 0.8928, Monday's high. Earlier in the day, official data showed that The U.S. federal budget balance fell unexpectedly to a seasonally adjusted -134.2B last month from -129.4B in the preceding month. Analysts had … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Posted: 13 Sep 2011 12:15 PM PDT Alkermes, Inc. (NASDAQ:ALKS), Amylin Pharmaceuticals, Inc. (NASDAQ:AMLN) and Eli Lilly and Company (NYSE:LLY) recently announced new analyses of data from the DURATION 3 and DURATION 4 trials which evaluated their type II diabetes candidate, Bydureon (exenatide once-weekly). The co-developers intend to present the data at the 47th European Association for the Study of Diabetes Annual Meeting in Portugal.
|
| Forex – USD/CAD Down In U.S. Trade Posted: 13 Sep 2011 12:10 PM PDT Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Tuesday after the release of U.S. data on Federal Budget Balance. USD/CAD was trading at 0.9873, down 0.54% at time of writing. The pair was likely to find support at 0.9830, Thursday's low, and resistance at 1.0027, Monday's high. Earlier in the day, official data showed that The U.S. federal budget balance fell unexpectedly to a seasonally adjusted -134.2B last month from -129.4B in the preceding month. Analysts … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Forex – GBP/USD Down In U.S. Trading Hours Posted: 13 Sep 2011 11:45 AM PDT Forexpros – The British Pound was lower against the U.S. Dollar on Tuesday after the release of U.S. data on Federal Budget Balance. GBP/USD was trading at 1.5819, down 0.28% at time of writing. The pair was likely to find support at 1.5763, today's low, and resistance at 1.6083, Thursday's high. Earlier in the day, official data showed that The U.S. federal budget balance fell unexpectedly to a seasonally adjusted -134.2B last month from -129.4B in the preceding month. Analysts had … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Traders Pile Into Office Depot Calls As Shares Climb Posted: 13 Sep 2011 11:24 AM PDT Traders pile into Office Depot calls as shares climb
|
| You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home