Thursday, September 29, 2011

DailyMarkets.com - Legal Double Standard: Oil Companies Get Indicted For Bird Deaths While WInd Companies Get A Pass

DailyMarkets.com - Legal Double Standard: Oil Companies Get Indicted For Bird Deaths While WInd Companies Get A Pass

Legal Double Standard: Oil Companies Get Indicted For Bird Deaths While WInd Companies Get A Pass

Posted: 29 Sep 2011 05:22 PM PDT

Eagle killed by wind turbine, one of 1,200 daily wind-related bird fatalities:

The graphic video above shows a magnificent eagle getting killed by a wind turbine.  According to a 2009 estimate from the U.S. Fish and Wildlife Service (reported on the American Bird Conservancy website here), those bird fatalities happen more than 1,200 times every day (440,000 deaths annually and 50 deaths every single hour of the day on average).   For the millions of documented wind-related bird … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/hkd 4h Chart

Posted: 29 Sep 2011 05:20 PM PDT

usd/hkd still continue to stay in this channel and continuing to make new … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil Higher In Early Asian Trade

Posted: 29 Sep 2011 05:17 PM PDT

Forexpros –
Forexpros – Crude oil futures moved higher in Asian trade Friday, lifted by a German parliamentary vote to approve expansion of the European rescue fund, as well as better than expected labor numbers in the U.S.

On the New York Mercantile Exchange light, sweet crude futures for November delivery traded at USD82.97 a barrel during early Asian trade, rising 0.10%, after hitting a daily low of USD82.86.

On Thursday, German lawmakers voted to approve an expansion of the European … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/JPY Down On Economic Data

Posted: 29 Sep 2011 05:10 PM PDT

Forexpros – The Euro was lower against the Japanese Yen on Friday after the release of Japanese data on Industrial Production.

EUR/JPY was trading at 104.18, down 0.29% at time of writing.

The pair was likely to find support at 101.94, Monday's low, and resistance at 104.96, Tuesday's high.

Earlier in the day, preliminary data showed that Industrial production in Japan rose less-than-expected to a seasonally adjusted 0.8% last month from 0.4% in the preceding month.

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

Japan’s Industrial Production Rises Less-than-expected

Posted: 29 Sep 2011 05:05 PM PDT

Forexpros – Industrial production in Japan rose less-than-expected last month, preliminary data showed on Thursday.

In a report, the Ministry of Economy, Trade and Industry said that industrial production rose to a seasonally adjusted 0.8%, from 0.4% in the preceding month.

Analysts had expected industrial production to rise 1.5% last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Down On Economic Data

Posted: 29 Sep 2011 04:45 PM PDT

Forexpros – The U.S. Dollar was lower against the Japanese Yen on Thursday after the release of Japanese data on Tokyo Core CPI.

USD/JPY was trading at 76.74, down 0.12% at time of writing.

The pair was likely to find support at 76.23, Monday's low, and resistance at 77.03, today's high.

Earlier in the day, official data showed that Tokyo's core consumer price inflation rose to at annualized rate of -0.1% last month from -0.2% in the preceding month.

Analysts had expected Tokyo's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/sgd Weekly Chart

Posted: 29 Sep 2011 04:41 PM PDT

The usd/sgd broke above a weekly trend line and continue to stay above it, giving a bullish … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Tokyo’s Core Consumer Price Inflation Rises

Posted: 29 Sep 2011 04:40 PM PDT

Forexpros – Tokyo's core consumer price inflation rose last month, official data showed on Thursday.

In a report, the Statistics Bureau said that Tokyo's core CPI, which excludes fresh food costs rose to at an annualized rate of -0.1%, from -0.2% in the preceding month.

Analysts had expected Tokyo's core CPI to rise to -0.1% last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Japan’s Unemployment Rate Falls Unexpectedly

Posted: 29 Sep 2011 04:40 PM PDT

Forexpros – Japan's unemployment rate fell unexpectedly last month, official data showed on Thursday.

In a report, the Statistics Bureau said that the percentage of the total work force that is unemployed and actively seeking employment during the previous month fell to a seasonally adjusted 4.3%, from 4.7% in the preceding month.

Analysts had expected the rate of unemployment to remain unchanged at 4.7% last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/cnh Daily Chart Staying Above 100 MA

Posted: 29 Sep 2011 04:37 PM PDT

The usd/cnh is staying above the 100 day moving average but is finding some resistance at 200 day moving … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Gains In Early Asian Trade

Posted: 29 Sep 2011 04:35 PM PDT

Forexpros –
Forexpros – The euro moved lower against the U.S. dollar in Asian trade Friday, following the release of encouraging U.S. labor data and a German vote to expand the European rescue fund.

EUR/USD hit 1.3576 in early Asian trade, the pair's lowest since Thursday; the pair subsequently consolidated at 1.3580, falling 0.13%.

The pair was likely to find support at 1.3377, the low of January 19, and resistance at 1.3798, last Thursday's high.

On Thursday, German lawmakers voted … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down During The Asian Session

Posted: 29 Sep 2011 04:10 PM PDT

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

EUR/USD was trading at 1.3576, down 0.16% at time of writing.

The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3690, Wednesday's high.

Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.07% to hit 0.8706 and EUR/JPY falling 0.27% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

OnStar Reverses Privacy Terms To Tracking System

Posted: 29 Sep 2011 03:58 PM PDT

09/29/11 General Motors’ OnStar service decided to stop tracking former subscribers after complaints over consumer privacy … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: It’s End-of-the-Month, Take Out The Garbage

Posted: 29 Sep 2011 03:36 PM PDT

Cusick’s Corner
Volatility. Today’s whippy action reminds us why we should trade with tight parameters, scale down size and define risk which is why I focus on spreads. We saw early in today’s session window dressing, end of the month marks, and sector rotation out of Tech. I already mentioned that Financials have gained some steam but this will develop over time, so I am considering scaling into positions in this space. I did not like the lack of conviction near the close. Some … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Lockheed’s C-130J For Qatar

Posted: 29 Sep 2011 03:35 PM PDT

Lockheed Martin Corporation (NYSE:LMT) has delivered four C-130J Super Hercules airlifters to the State of Qatar. This is the first C-130J operator in the Middle-East.
The package provided by Lockheed Martin includes four aircrafts, aircrew and maintenance training, spares, ground support and test equipments. The company will also provide a team of technical specialists who will be based in Qatar during an initial support period.
The Lockheed Martin C-130J “Super” Hercules is a four-engine … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Down In Asian Trade

Posted: 29 Sep 2011 03:35 PM PDT

Forexpros – The New Zealand Dollar was lower against the U.S. Dollar on Thursday.

NZD/USD was trading at 0.7694, down 0.20% at time of writing.

The pair was likely to find support at 0.7638, Monday's low, and resistance at 0.7958, Tuesday's high.

Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.10% to hit 1.2702 and EUR/NZD rising 0.14% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Personal Income And Spending, U. Of Michigan Consumer Sentiment, Chicago PMI, Euro-zone CPI

Posted: 29 Sep 2011 03:20 PM PDT

09/29/11 US consumer data will be in the spotlight at the end of the week. Friday marks the end of September and the third … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

New Drilling Technologies Reshape Oil World

Posted: 29 Sep 2011 03:18 PM PDT

1. REUTERS — “Oil output from shale prospects in unconventional sources from North Dakota to Texas could reach 1.5 million to 2 million barrels-per-day (bpd) in the coming five to seven years, twice as much as the 700,000 bpd currently produced in these places.”

2. NATIONAL GEOGRAPHIC — “Oil exploration is moving to new corners of the country as drillers use a combination of technologies to tap crude that was always known to be there, but only now can be produced economically.

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

Exxon, OMV Set 2012 Drilling Goal

Posted: 29 Sep 2011 03:10 PM PDT

ExxonMobil Corporation's (NYSE:XOM) joint venture with Romania's largest oil company OMV Petrom SA will finally proceed with drilling operations in 2012. The drilling of the first deepwater well in Romania is pending since the rig has not yet been set up on location.
As per the concession agreement signed between the companies in July 2011, the joint venture was extended by five years for appraisal of the hydrocarbon potential of the deepwater section of the Romanian Neptun Block, in the Black … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Ashford Reinstates Share Repurchases

Posted: 29 Sep 2011 03:05 PM PDT

Ashford Hospitality Trust Inc. (NYSE:AHT), a lodging real estate investment trust (REIT) in the U.S., has recently reinstated its Stock Repurchase Program to facilitate a selective purchase of its common stock over a given time period.
The strategic move is aimed at capitalizing on the current market fundamentals by mopping out some of the common stock of the company at a relatively low price, as the shares are presently undervalued due to the volatility in the market.   
In … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BP, RIL To Boost Indian Gas Yield

Posted: 29 Sep 2011 03:05 PM PDT

BP Plc (NYSE:BP) and Reliance Industries Ltd. are seeking the Indian government's approval to develop satellite fields near the Krishna-Godavari (KG) basin discovery. This move is reflective of the joint venture's attempt to boost gas production, which has lagged their expectation till now.
In August, two energy giants closed their $7.2 billion agreement for a deepwater oil and gas exploration program in India. Per the deal, the British oil giant acquired a 30% stake in 23 oil and gas blocks … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Agrium-OCP In Long-term Pact

Posted: 29 Sep 2011 03:05 PM PDT

Fertilizer company Agrium Inc. (NYSE:AGU) announced that it has entered into a long term supply agreement with OCP S.A. to purchase rock phosphate for its Redwater, Alberta phosphate facility.
The mineral rock from OCP will replace the rock currently supplied by Agrium’s mine in Kapuskasing, North Ontario. The company will buy rock phosphate from OCP S.A. in the second half of 2013. Financial terms of the supply deal were not disclosed.
According to Agrium, the agreement covers rock supply upto … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Moral Question

Posted: 29 Sep 2011 03:03 PM PDT

We dodged another shut-down bullet, but only until November 18. That's when the next temporary bill to keep the government going runs out. House Republicans want more budget cuts as their price for another stopgap spending bill.
Among other items, Republicans are demanding major cuts in a nutrition program for low-income women and children. The appropriation bill the House passed June 16 would deny benefits to more than 700,000 eligible low-income women and young children next year.
What kind … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Ecolab Named In CDP Index

Posted: 29 Sep 2011 02:35 PM PDT

Leading cleaning and sanitation products maker Ecolab Inc (NYSE:ECL) has been named as one of the 11 companies in the 2011 Carbon Disclosure Project ("CDP") performance leadership index. The CDP performance leadership index recognizes companies for their efforts at addressing climate change.
Minnesota-based Ecolab earned a "Band A" rating (the highest performance band in the index) for its fully-integrated climate change strategy. Moreover, the company has been named in the CDP Carbon … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EA Organizes Tournament For Battlefield 3

Posted: 29 Sep 2011 02:35 PM PDT

Electronic Arts Inc. (NASDAQ:ERTS), popularly known as EA, together with Virgin Gaming, is organizing a tournament to celebrate the launch of Battlefield 3, a first person shooter game.
Battlefield 3 is set for an October 25, 2011 launch and the proposed tournament is set for early 2012.
Battlefield 3 Worldwide Conquest Tournament, as the tournament is named, will test the best of the Battlefield members to strategize and complete the objectives that are needed to win the game. The prize money for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

OfficeMax Initiated At Neutral

Posted: 29 Sep 2011 02:35 PM PDT

We have initiated our coverage on OfficeMax Inc. (NYSE:OMX) with a long-term Neutral recommendation and a price target of $5.60. The company provides office supplies and paper, print and document services, technology products and solutions as well as office furniture to business firms, government organizations and other retail consumers.
How the Company Balances
As the economy continues to be sluggish, consumers and small businesses remain frugal about big-ticket spending like business machines … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Macy’s Adopts RFID Technology

Posted: 29 Sep 2011 02:35 PM PDT

Macy’s Inc. (NYSE:M) constant focus on inventory management, merchandise planning, price optimization and private label offering provide the company a platform to boost traffic, meet customer-oriented demand while improving the in-store shopping experience.
Following its strategy, the company recently adopted a technology known as RFID (radio frequency identification) to improve its inventory management.
Macy’s added that it will start implementing RFID by the third quarter of 2012 in all of its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Watch List For Friday, September 30

Posted: 29 Sep 2011 02:23 PM PDT

( click to enlarge )

Central European Distribution Corp (NASDAQ:CEDC) closed above its 50-day moving average for the first time in nearly three months. CEDC is seeing some significant volumes. However, when one looks at the Accumulation/Distribution, the story is a bit different. The rally is mostly on the downside for this stock. Given the recent rise in this stock , RSI is on the higher side at close to 60. You can buy with a stop loss of $6.76. The first objective will be a re-test of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

P&G Cuts Jobs & May Not Be Done

Posted: 29 Sep 2011 02:00 PM PDT

The world's leading manufacturer of consumer packaged foods, Procter & Gamble Company (NYSE:PG) has announced that it will cut cost by way of reducing its workforce. To achieve this end the retail giant has decided to slice off 10 to 15% of the senior managerial level.
The company has also revealed that there is possibility of further retrenchment in the near future. In August 2011, management revealed that the company needed to get costs under control, and because it also plans to expand … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MGM Resorts Stays Neutral

Posted: 29 Sep 2011 02:00 PM PDT

We remain Neutral on MGM Resorts International (NYSE:MGM) over the long term. Better-than-expected second quarter 2011 earnings, improving business trends in Las Vegas, the acquisition of a controlling interest in MGM China and the booming Macau operation are partially offset by steep competition, still faltering consumer confidence and the risk of cannibalization by its new property, CityCenter, in Las Vegas.
MGM Resorts' second-quarter 2011 adjusted loss per share was better than the Zacks … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CIGNA Eyes FirstAssist Insurance

Posted: 29 Sep 2011 02:00 PM PDT

As part of its long term strategy of accelerating its International operations, health insurer CIGNA Corp. (NYSE:CI) has announced the acquisition of UK based FirstAssist Insurance Services.
The financial terms of the deal were not disclosed. Connecticut based Cigna expects that the addition of FirstAssist's products and services will widen its product portfolio, providing more breadth in terms of product choice and, thereby, enabling it to penetrate further into the UK and across the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dow Rallies, Jumps 143 Points On Strong Jobs Data And Positive News Out Of Europe

Posted: 29 Sep 2011 09:00 AM PDT

09/29/11 NYFP’s Closing Bell Market Monitor: After rising more than 250+ points intraday, the Dow closes the session up 143 points following a drop in the tech sector. Helping the rise was strong news out of Europe and improved jobs … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

More And More Like The Real Thing

Posted: 29 Sep 2011 01:58 PM PDT

Is America under siege?

Perhaps not in the literal sense (yet). But this scary-looking chart, which comes from a new report published by Colgen LP, “Texas Border Security: A Strategic Military Assessment,” detailing the extent to which Mexican criminal gangs have infiltrated the United States, suggests the violent and chaotic “war” on our southern flank is looking more and more like the real thing.
With that in mind, the report, written by General Barry McCaffrey, Director of the Office of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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

Posted: 29 Sep 2011 01:55 PM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on GDP.

EUR/USD was trading at 1.3594, up 0.38% at time of writing.

The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3690, Wednesday's high.

Earlier in the day, official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 1.3% in the last quarter from 1.0% in the preceding quarter.

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

KB Home Boosts Portfolio

Posted: 29 Sep 2011 01:40 PM PDT

KB Home (NYSE:KBH) recently announced its plans to boost its energy-efficient homes portfolio by introducing a new line of net-zero energy homes, namely ZeroHouse 2.0. 
The new initiative taken by KB home seeks to cut down the monthly energy bills of homeowners, thereby reducing the overall cost of homeownership.
The program will also benefit the environment as these designs will run on solar power and other building techniques and boasts features that are far better than the company's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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

Posted: 29 Sep 2011 01:40 PM PDT

Forexpros – The U.S. Dollar was higher against the Japanese Yen on Thursday after the release of U.S. data on GDP.

USD/JPY was trading at 76.83, up 0.29% at time of writing.

The pair was likely to find support at 76.23, Monday's low, and resistance at 77.03, today's high.

Earlier in the day, official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 1.3% in the last quarter from 1.0% in the preceding quarter.

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

Chubb Fears Irene Impact

Posted: 29 Sep 2011 01:35 PM PDT

After bearing a high catastrophe loss in the second quarter 2011, property and casualty insurer Chubb Corp. (CB) is again set to incur further pre-tax cat losses of $400 million to $475 million in the upcoming quarter due to Hurricane Irene, which battered the East Coast in August 2011.
The catastrophe losses, incurred during the third quarter, could drain Chubb's earnings by 55 cents to $1.07 per share after tax.
Chubb's geographic concentration in calamity-prone areas (the north-eastern … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Atmel Acquires Advanced Digital Design

Posted: 29 Sep 2011 01:35 PM PDT

Atmel Corporation (NASDAQ:ATML) recently signed a definitive agreement to acquire privately-held Advanced Digital Design, S.A. (ADD Semiconductor).
Based in Zaragoza, Spain, Atmel develops power line communication solutions.  
With this acquisition, Atmel will acquire a portfolio of innovative products and a team of technical experts focused on signal processing and power line communications.
ADD Semiconductor specializes in the design of system-on-chip solutions, which enable … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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

Posted: 29 Sep 2011 01:25 PM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.

EUR/USD was trading at 1.3584, up 0.31% at time of writing.

The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3690, Wednesday's high.

Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 391K last week from 428K in the preceding week whose figure was revised up … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

P&G Cuts Jobs To Remain Afloat

Posted: 29 Sep 2011 01:05 PM PDT

The world's leading manufacturer of consumer packaged foods, Procter & Gamble Company (NYSE:PG) has announced that it will cut cost by way of reducing its workforce. To achieve this end the retail giant has decided to slice off 10 to 15% of the senior managerial level.
The company has also revealed that there is possibility of further retrenchment in the near future. In August 2011, management revealed that the company needed to get costs under control, and because it also plans to expand … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GM Workers Ratify UAW Deal

Posted: 29 Sep 2011 01:05 PM PDT

Workers at General Motors Co. (NYSE:GM) have ratified the 4-year United Auto Workers (UAW) deal as majority of the workers voted for the same. Among the 48,500 workers, 65% of production workers, and 63% of skilled-trade workers voted for the deal.
Most of the workers, except at the entry-level, would not get annual pay raises, but signing bonuses totaling $5,000, profit-sharing checks and other payments amounting to at least $11,500 during the tenure of the deal.
Wages of entry-level workers … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Kohl’s Expands, Opens Stores

Posted: 29 Sep 2011 01:05 PM PDT

In order to continue its focus on growing market share in a challenging economy, Kohl’s Corporation (NYSE:KSS) has opened 30 new stores in 20 states, adding approximately 4,000 new jobs.
With this, Kohl's now operates 1,127 stores in 49 states.
In addition to adding new stores, Kohl's has also invested in its current store base by adding innovative features. The company has remodeled approximately 100 stores in 2011, an 18% increase from 2010.
The additional features include updated check-out … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Amazon Enters Crowded Tablet Market

Posted: 29 Sep 2011 01:05 PM PDT

Amazon.com Inc.(NASDAQ:AMZN) stepped into the intensely competitive tablet market with the launch of its first media tablet: "Kindle Fire".
This segment is already crowded with tablet makers such as Research In Motion Ltd. (NASDAQ:RIMM), Hewlett-Packard Co. (NYSE:HPQ), Dell Inc. (NASDAQ:DELL), Samsung, and Cisco Systems Inc. (NASDAQ:CSCO) to name a few. Among the pack, Apple Inc. (NASDAQ:AAPL) leads the race with its iconic iPads in terms of unit shipments.
Priced at $199, Kindle Fire comes with Wi-Fi connectivity and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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

Posted: 29 Sep 2011 12:55 PM PDT

Forexpros – The British Pound was higher against the U.S. Dollar on Thursday after the release of U.S. data on GDP.

GBP/USD was trading at 1.5609, up 0.22% at time of writing.

The pair was likely to find support at 1.5432, Monday's low, and resistance at 1.5716, today's high.

Earlier in the day, official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 1.3% in the last quarter from 1.0% in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The 20 Countries With The Most Debt

Posted: 29 Sep 2011 12:51 PM PDT

CANADA.COM — “With the recent spotlight on the debt crisis in Greece and other European nations, we take a look at the countries that are most in debt, calculated by the World Bank’s data on gross external debt as a percentage of the GDP. The top ranking nations may surprise you.”

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

Hot Topic Stays Neutral

Posted: 29 Sep 2011 12:35 PM PDT

We have maintained our long-term ‘Neutral’ recommendation on Hot Topic Inc. (NASDAQ:HOTT) with a target price of $8.00 per share.
Moreover, the company has a Zacks #2 Rank, implying a short-term ‘Buy’ rating on the stock.
With its core business strategy of focusing on pop culture-related merchandise, Hot Topic has carved a niche for itself amid a highly competitive specialty retailing industry. The company’s stores are strategically located in shopping malls and lifestyle centers, which are … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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

Posted: 29 Sep 2011 12:30 PM PDT

Forexpros – The U.S. Dollar was lower against the Swiss Franc on Thursday after the release of U.S. data on Pending Home Sales.

USD/CHF was trading at 0.8988, down 0.16% at time of writing.

The pair was likely to find support at 0.8919, today's low, and resistance at 0.9144, Monday's high.

Earlier in the day, industry data showed that Pending home sales in the U.S. rose unexpectedly to a seasonally adjusted -1.2% last month from -1.3% in the preceding month.

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

Forex – USD/CAD Up On U.S. Data

Posted: 29 Sep 2011 12:10 PM PDT

Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Thursday after the release of U.S. data on Pending Home Sales.

USD/CAD was trading at 1.0394, up 0.57% at time of writing.

The pair was likely to find support at 1.0144, Tuesday's low, and resistance at 1.0402, today's high.

Earlier in the day, industry data showed that Pending home sales in the U.S. rose unexpectedly to a seasonally adjusted -1.2% last month from -1.3% in the preceding month.

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

Interesting Facts Of The Day: Text Messages

Posted: 29 Sep 2011 12:03 PM PDT

1. Some 83% of American adults own cell phones and three-quarters of them (73%) send and receive text messages. 

2. Text messaging users send or receive an average of 41.5 messages on a typical day, with the median user sending or receiving 10 texts daily. 

3. Cell phone owners make or receive an average of 12 calls on their cells per day. 

4. Young adults are the most avid texters by a wide margin. Cell owners between the ages of 18 and 24 exchange an average of 109.5 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Markets In Everything: Digital Fake Girlfriend

Posted: 29 Sep 2011 11:50 AM PDT

Are you tired of being embarrassed by the fact that you don’t have a girlfriend? Do you wish that you could get interrupted by a loving phone-call during man time? Let me introduce you to FakeGirlfriend.

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

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

Posted: 29 Sep 2011 11:45 AM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Pending Home Sales.

EUR/USD was trading at 1.3562, up 0.15% at time of writing.

The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3690, Wednesday's high.

Earlier in the day, industry data showed that Pending home sales in the U.S. rose unexpectedly to a seasonally adjusted -1.2% last month from -1.3% in the preceding month.

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

Weekly N. America Intermodal Volume Sets Record

Posted: 29 Sep 2011 11:36 AM PDT

WASHINGTON, D.C. – “The Association of American Railroads today reported gains for weekly rail traffic, with U.S. railroads originating 305,133 carloads for the week ending September 24, 2011 (Week 38), up 1.1 percent compared with the same week last year (see chart; MP: Except for the first week of April this was the highest weekly carload count since 2008). Intermodal volume for the week totaled 248,402 trailers and containers, up 3 percent compared with the same week last year. This … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Sometimes Crazy Pricing Practices Of Airlines

Posted: 29 Sep 2011 10:47 AM PDT

The Detroit Free Press ran a front page article last Sunday titled “Hub Premiums Cost Delta Fliers Plenty at [Detroit] Metro Airport” about some of the huge differences in airfares for international travel between Delta Airlines’ hub airport in Detroit and its regional spoke airports in nearby Flint, Lansing and Saginaw. 

For example, I just checked Delta’s website for round-trip travel to Tokyo at the end of October.  For first-class travel, the round-trip airfare from Detroit (DTW) … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Chart Of The Day: Effective Tax Rates On $100k

Posted: 29 Sep 2011 09:22 AM PDT

EUR/USD Declines In Early Asian Trade

Posted: 29 Sep 2011 06:02 AM PDT

By ForexMansion.com
Forexpros –
Forexpros – The euro moved lower against the U.S. dollar in Asian trade Friday, following the release of encouraging U.S. labor data and a German vote to expand the European rescue fund.
EUR/USD hit 1.3576 in early Asian trade, the pair's lowest since Thursday; the pair subsequently consolidated at 1.3580, falling 0.13%.
The pair was likely to find support at 1.3377, the low of January 19, and resistance at 1.3798, last Thursday's high.
On Thursday, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily Indices Update: Switzerland 20 (SWI20)

Posted: 29 Sep 2011 06:02 AM PDT

By ForexMansion.com
by, James A. Hyerczyk
The Switzerland 30 (SWI20) index CFD broke out to the downside of a rising wedge chart pattern on the 60-minute chart. The market had traded inside of this chart pattern for 63 candlesticks, indicating that the downside breakout could be significant.

The overall rating of this chart pattern is 7-bars. This is led by the maximum 10-bar initial trend rating. The initial trend was down at the onset of the chart pattern. Since the breakout was to the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Japan’s Unemployment Rate Falls Unexpectedly

Posted: 29 Sep 2011 06:02 AM PDT

By ForexMansion.com
Forexpros – Japan's unemployment rate fell unexpectedly last month, official data showed on Thursday.
In a report, the Statistics Bureau said that the percentage of the total work force that is unemployed and actively seeking employment during the previous month fell to a seasonally adjusted 4.3%, from 4.7% in the preceding month.
Analysts had expected the rate of unemployment to remain unchanged at 4.7% last month.
Forexpros

About ForexMansion.com:

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

Tokyo’s Core Consumer Price Inflation Rises

Posted: 29 Sep 2011 06:02 AM PDT

By ForexMansion.com
Forexpros – Tokyo's core consumer price inflation rose last month, official data showed on Thursday.
In a report, the Statistics Bureau said that Tokyo's core CPI, which excludes fresh food costs rose to at an annualized rate of -0.1%, from -0.2% in the preceding month.
Analysts had expected Tokyo's core CPI to rise to -0.1% last month.
Forexpros

About ForexMansion.com:

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

USD/JPY Down On Economic Data

Posted: 29 Sep 2011 06:02 AM PDT

By ForexMansion.com
Forexpros – The U.S. Dollar was lower against the Japanese Yen on Thursday after the release of Japanese data on Tokyo Core CPI.
USD/JPY was trading at 76.74, down 0.12% at time of writing.
The pair was likely to find support at 76.23, Monday's low, and resistance at 77.03, today's high.
Earlier in the day, official data showed that Tokyo's core consumer price inflation rose to at annualized rate of -0.1% last month from -0.2% in the preceding month.
Analysts had … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EUR/USD Down During The Asian Session

Posted: 29 Sep 2011 05:31 AM PDT

By ForexMansion.com
Forexpros – The Euro was lower against the U.S. Dollar on Thursday.
EUR/USD was trading at 1.3576, down 0.16% at time of writing.
The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3690, Wednesday's high.
Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.07% to hit 0.8706 and EUR/JPY falling 0.27% to hit 104.21.
Forexpros

About ForexMansion.com:

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

The Trend Trader For ETF Trading On Friday, September 30, 2011

Posted: 29 Sep 2011 05:04 AM PDT

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Friday, September 30, 2011

The top 40 ETFs by net assets
In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AGG – iShares Lehman Aggregate Bd Fd
109.70
− 0.04
109.72
110.44

Bearish

BND – Vanguard Total Bond Market ETF
83.43
− 0.01
83.50
84.14

Bearish

DBC – DB Commodity Index Tracking Fd
26.67
+ 1.18
26.82
27.25

Bearish

DIA – SPDR DJ Industrial Average … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Stock Trading On Friday, September 30, 2011

Posted: 29 Sep 2011 05:04 AM PDT

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Friday, September 30, 2011

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
10.06
+ 0.90
10.26
10.59

Bearish

AXP – American Express Company
46.72
+ 0.54
47.04
47.46

Bearish

BA – Boeing Co
62.37
+ 0.73
62.74
60.56

Neutral

BAC – Bank of America Corporation
6.35
+ 3.08
6.39
6.46

Bearish

CAT – Caterpillar Inc
75.39
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

NZD/USD Down In Asian Trade

Posted: 29 Sep 2011 05:04 AM PDT

By ForexMansion.com
Forexpros – The New Zealand Dollar was lower against the U.S. Dollar on Thursday.
NZD/USD was trading at 0.7694, down 0.20% at time of writing.
The pair was likely to find support at 0.7638, Monday's low, and resistance at 0.7958, Tuesday's high.
Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.10% to hit 1.2702 and EUR/NZD rising 0.14% to hit 1.7661.
Forexpros

About ForexMansion.com:

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

The Trend Trader For Futures Trading On Friday, September 30, 2011

Posted: 29 Sep 2011 05:04 AM PDT

By ForexMansion.com

The Trend Trader for Futures
For Trading On Friday, September 30, 2011

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Dec ESZ1
1156.25
+ 0.65
1161.58
1150.33

Neutral

Dow Jones – Dec YMZ1
11099
+ 1.11
11088
10896

Bullish

Nasdaq – Dec NQZ1
2189.50
− 1.31
2230.78
2226.33

Bearish

Russell – Dec TFZ1
662.20
+ 1.63
665.58
662.27

Bearish

INTEREST RATES

US T-Bond – Dec ZBZ1
142-03
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Forex Trading On Friday, September 30, 2011

Posted: 29 Sep 2011 05:04 AM PDT

By ForexMansion.com

The Trend Trader for Forex
For Trading On Friday, September 30, 2011

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
0.9779
0.00
0.9838
0.9922

Bearish

EURUSD – Euro / US Dollar
1.3596
+ 0.39
1.3588
1.3559

Bullish

GBPUSD – British Pound / US Dollar
1.5623
+ 0.31
1.5618
1.5508

Bullish

USDCAD – US Dollar / Canadian Dollar
1.0356
+ 0.23
1.0276
1.0148

Bullish

USDCHF – US Dollar / … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily Commodities Update: Silver

Posted: 29 Sep 2011 03:32 AM PDT

By ForexMansion.com
By Jonah S. Ford
Silver continues to trade inside of a relatively calm range following the record-setting volatility experienced earlier in the week.  This has formed a Triangle chart pattern in the nearby futures, illustrated here on the 30-minute time frame, which may see a breakout as the price approaches the apex.

The Triangle pattern measures 34 bars in length, beginning at the $29.00 per ounce support level and currently showing the key resistance near $30.80 per … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

USD/JPY Up Toward The End Of U.S. Session

Posted: 29 Sep 2011 03:02 AM PDT

By ForexMansion.com
Forexpros – The U.S. Dollar was higher against the Japanese Yen on Thursday after the release of U.S. data on GDP.
USD/JPY was trading at 76.83, up 0.29% at time of writing.
The pair was likely to find support at 76.23, Monday's low, and resistance at 77.03, today's high.
Earlier in the day, official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 1.3% in the last quarter from 1.0% in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EUR/USD Up At The End Of U.S. Session

Posted: 29 Sep 2011 03:02 AM PDT

By ForexMansion.com
Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on GDP.
EUR/USD was trading at 1.3594, up 0.38% at time of writing.
The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3690, Wednesday's high.
Earlier in the day, official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 1.3% in the last quarter from 1.0% in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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

Posted: 29 Sep 2011 02:32 AM PDT

By ForexMansion.com
Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.
EUR/USD was trading at 1.3584, up 0.31% at time of writing.
The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3690, Wednesday's high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 391K last week from 428K in the preceding week whose figure … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GBP/USD Up During The U.S. Session

Posted: 29 Sep 2011 02:02 AM PDT

By ForexMansion.com
Forexpros – The British Pound was higher against the U.S. Dollar on Thursday after the release of U.S. data on GDP.
GBP/USD was trading at 1.5609, up 0.22% at time of writing.
The pair was likely to find support at 1.5432, Monday's low, and resistance at 1.5716, today's high.
Earlier in the day, official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 1.3% in the last quarter from 1.0% in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

USD/CAD Up On U.S. Data

Posted: 29 Sep 2011 01:32 AM PDT

By ForexMansion.com
Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Thursday after the release of U.S. data on Pending Home Sales.
USD/CAD was trading at 1.0394, up 0.57% at time of writing.
The pair was likely to find support at 1.0144, Tuesday's low, and resistance at 1.0402, today's high.
Earlier in the day, industry data showed that Pending home sales in the U.S. rose unexpectedly to a seasonally adjusted -1.2% last month from -1.3% in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

USD/CHF Down In U.S. Trading Hours

Posted: 29 Sep 2011 01:32 AM PDT

By ForexMansion.com
Forexpros – The U.S. Dollar was lower against the Swiss Franc on Thursday after the release of U.S. data on Pending Home Sales.
USD/CHF was trading at 0.8988, down 0.16% at time of writing.
The pair was likely to find support at 0.8919, today's low, and resistance at 0.9144, Monday's high.
Earlier in the day, industry data showed that Pending home sales in the U.S. rose unexpectedly to a seasonally adjusted -1.2% last month from -1.3% in the preceding month.
Analysts … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EUR/USD Up In U.S. Trading Hours

Posted: 29 Sep 2011 01:02 AM PDT

By ForexMansion.com
Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Pending Home Sales.
EUR/USD was trading at 1.3562, up 0.15% at time of writing.
The pair was likely to find support at 1.3364, Monday's low, and resistance at 1.3690, Wednesday's high.
Earlier in the day, industry data showed that Pending home sales in the U.S. rose unexpectedly to a seasonally adjusted -1.2% last month from -1.3% in the preceding month.
Analysts had … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AUD/USD Down On U.S. Data

Posted: 29 Sep 2011 12:32 AM PDT

By ForexMansion.com
Forexpros – The Australian Dollar was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.
AUD/USD was trading at 0.9718, down 0.63% at time of writing.
The pair was likely to find support at 0.9622, Monday's low, and resistance at 0.9986, Tuesday's high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 391K last week from 428K in the preceding week … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
at

No comments:

Post a Comment