DailyMarkets.com - Markets In Everything: First Commercial Jetpack |
- Markets In Everything: First Commercial Jetpack
- A Tariff-Reduction Plan For American Jobs
- Apple Shines As German Court Blocks Sales Of Galaxy Tab
- The Lesson Of Economic Damage From “Taxing The Rich” With The Punitive Luxury Tax In The 1990s
- Monetary Policy Week In Review – 10 September 2011
- Markets In Everything: Vending Bike Repair
- The Week Ahead: US Data – CPI, PPI, Retail Sales, Philadelphia Fed Survey, Empire State Manufacturing Survey, TIC, U. Of Consumer Sentiment; Rate Decisions – SNB, RBNZ
- How To Swing Trade Successfully!
- Jürgen Stark Resigns From Position At ECB
- European Central Bank Holds Refinancing Rate At 1.50%
- Bank Of England Keeps Bank Rate At 0.50%
- Peruvian Central Bank Holds Reference Rate At 4.25%
- The Plan Man
- Colgate’s Share Repurchase Program
- WaPo To Repurchase Shares
- Hot Option Plays: Focus Is On Europe
- Earnings Preview: Best Buy
- Broadridge To Buy Paladyne Systems
- Donnelley Acquires Genesis
- RCL In Biz Ties With Xiamen Gov’t
- 5 Stocks To Watch In The Week Ahead
- American Axle Grows Asia Focus
- Community Health Resists Tenet Lawsuit
- BP Benefits From Mad Dog Appraisal
- VeriSign CFO Stepping Down
- Dow Drops More Than 300 Points During An Emotional Trading Session
- “It’s Not The End Of The World” Friday Links
- Markets In Everything: Medical Tourism TO The USA
- AIG Vends Notes Worth $2B
- Positron Corp
- Video Game Sales Slips In August
- Gartner Negative On PC Growth
- BMC To Drive Efficiency At NEC
- Equifax Acquires Datum
- VIDEO: Life In An Oil Field “Man Camp”
- U.S. Markets Close Lower; Dow Jones Down 2.69%
- Ardea Agrees With FDA On Gout Candidate
- Leap’s “Muve” On Samsung Vitality
- Forex – Dollar Strengthens In U.S. Trade As Euro Dives
- ABM Industries Beats, Revenue Lags
- Parsing Obama’s Jobs Speech
- Dendreon To Cut 500 Jobs
- Liberty Media Remains Neutral
- Xcel’s Notes Get BBB+ From Fitch
- ICE Expands Stock Buyback
- Good News For Bayer, J&J
- Omnicare Launches Tender Offer
- Constellation Offers Solar Leasing
- U.S. Stocks Tumble In Afternoon Trade; Dow Sinks 2.8%
- Euro Takes A Dive On Eurozone Debt Concerns
- The Story Of Moon Festival
- Economic Resilience Of Emerging Markets
| Markets In Everything: First Commercial Jetpack Posted: 10 Sep 2011 08:47 AM PDT “If scoring a seat onboard an airship doesn’t seem to be in your immediate future, why not consider a jetpack? We’ve seen jetpack stunts and world record attempts before, but the notion of actually buying one for private, sky-legal use probably seemed like science fiction. But hold your skepticism: the first commercial jetpack is slated to go on sale as soon as next year. The Martin Jetpack is scheduled to go on sale in 2012, and the current price tag is set at a lofty $100,000. Amazingly, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| A Tariff-Reduction Plan For American Jobs Posted: 10 Sep 2011 08:29 AM PDT Cato’s Dan Ikenson argues in today’s WSJ that we should eliminate the import tariffs taxes that we impose on American companies who purchase imported raw materials, industrial supplies and materials, and industrial equipment and machinery as inputs for production that takes place in the U.S. (see chart above showing that industrial supplies and equipment represent more than 57% of U.S. imports so far this year through July): “As important as access to foreign markets is, however, some of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Apple Shines As German Court Blocks Sales Of Galaxy Tab Posted: 10 Sep 2011 07:00 AM PDT 09/10/11 Apple takes a bite out of Samsung, following the Düsseldorf court ruling to block sales of the Galaxy Tab in Germany. Motorola’s Droid Bionic will feature 4G LTE and a 1GHz dual core … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| The Lesson Of Economic Damage From “Taxing The Rich” With The Punitive Luxury Tax In The 1990s Posted: 10 Sep 2011 06:54 AM PDT Flashback: Wall Street Journal editorial on January 6, 2003 “Most Americans celebrated as the ball fell in Times Square New Year’s Eve. But for auto dealers this new year is especially sweet. January 1 marked the expiration of the federal luxury tax on cars, the last vestige of the destructive luxury tax package in the infamous 1990 budget deal. Starting in 1991, Washington levied a 10% luxury tax on cars valued above $30,000, boats above $100,000, jewelry and furs above $10,000 and private … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Monetary Policy Week In Review – 10 September 2011 Posted: 09 Sep 2011 10:17 PM PDT The past week in central banking saw interest rate announcements from 17 central banks around the world. Just 4 of those central banks announced changes to interest rates: Armenia cut by -50bps to 8.00%, Tunisia cut by -50bps to 3.50%, and Serbia cut by -50bps to 11.25%, while Uganda increased by +200bps to 16.00%. Meanwhile those that held interest rates unchanged were: Australia 4.75%, Sweden 2.00%, Canada 1.00%, Japan 0-0.1%, ECOWAS 4.25%, Poland 4.50%, South Korea 3.25%, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Markets In Everything: Vending Bike Repair Posted: 09 Sep 2011 09:10 PM PDT Bike Repair Vending Machine Sells Parts, Tools, And Snacks: “Say goodbye to bike shops. Minneapolis’s Bike Fixtation will sell you the parts you need to get your bike back on the road, and give you the tools to make your repairs right there. It’s happened to every biker. A flat tire in an inconvenient place on your commute, and the nearest bike shop is a long walk away. Most casual bikers don’t carry extra tubes or tools with them; and so any repair work on the road can mean an end to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Posted: 09 Sep 2011 09:00 PM PDT 09/10/11 Inflation figures will be released in the US, UK and Euro-zone. The end of the week brings Quadruple … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| How To Swing Trade Successfully! Posted: 09 Sep 2011 07:02 PM PDT Readtheticker.com gives members all they need to swing trade. 1) Simple system to find the dips in good trends. Here is a simple setup we use to spot swing trades, this is the lazy man approach, as we still apply our Wyckoff 2.0 methods to all charts. Sure you can find these indicators elsewhere, but not on the web and not at such low cost nor with the easy ability to review many charts at one time. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Jürgen Stark Resigns From Position At ECB Posted: 09 Sep 2011 06:30 PM PDT The European Central Bank (ECB) has announced the resignation of key ECB official, Jürgen Stark. The Bank said in the announcement: ”Today, Jürgen Stark, Member of the Executive Board and Governing Council of the European Central Bank (ECB), informed President Jean-Claude Trichet that, for personal reasons, he will resign from his position prior to the end of his term of office on 31 May 2014. Mr Stark will stay on in his current position until a successor is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| European Central Bank Holds Refinancing Rate At 1.50% Posted: 09 Sep 2011 06:00 PM PDT The European Central Bank (ECB) maintained the Main refinancing operations rate unchanged at 1.50%, the Marginal lending facility at 2.25% and Deposit facility at 0.75%. The Bank said: “Looking ahead, we expect the euro area economy to grow moderately, subject to particularly high uncertainty and intensified downside risks. At the same time, short-term interest rates are low. While our monetary policy stance remains accommodative, some financing conditions have tightened. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Bank Of England Keeps Bank Rate At 0.50% Posted: 09 Sep 2011 05:34 PM PDT The Bank of England (BoE) kept its official Bank Rate, which is paid on commercial bank reserves, at a record low stimulatory level of 0.50%. The BoE also made no changes to its 200 billion pound asset purchase program (also known as quantitative easing). The Bank does not supply commentary with its monetary policy decisions, however the minutes of the monetary policy committee meeting will be published at 9.30am on Wednesday the 21st of September 2011, according to the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Peruvian Central Bank Holds Reference Rate At 4.25% Posted: 09 Sep 2011 05:23 PM PDT The Central Reserve Bank of Peru held its monetary policy reference rate steady at 4.25%. The Bank said the “decision takes into account the slowdown observed in economic activity and the intensification of international financial risks. Should these trends continue, the Central Bank will change its monetary policy stance.” The Bank further noted: “Some current and advanced indicators of activity show a lower pace of growth than in the first semester. Furthermore, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Posted: 09 Sep 2011 04:08 PM PDT After looking at this chart, featured in a post, “Unemployment Rates: Promised vs. Actual,” at the National Review Online, does anyone want to venture a guess as to how successful this week’s economic plan political stunt hail Mary pass from the Obama Administration will be?
|
| Colgate’s Share Repurchase Program Posted: 09 Sep 2011 03:35 PM PDT One of world’s leading manufacturer of consumer products, Colgate-Palmolive Company (NYSE:CL) declared that its board of directors has approved a new share repurchase program, which reflects the company’s sound financial position and well-defined future prospects.
|
| Posted: 09 Sep 2011 03:35 PM PDT The Washington Post Company (NYSE:WPO) in its attempt to optimize its shareholders' return, recently announced a new share repurchase program. Share buybacks enhances shareholders' return and boosts the market value of the stock.
|
| Hot Option Plays: Focus Is On Europe Posted: 09 Sep 2011 03:17 PM PDT Cusick’s Corner
|
| Posted: 09 Sep 2011 03:10 PM PDT Best Buy Company, Inc. (NYSE:BBY), the leading specialty retailer of consumer electronic products, is scheduled to report its second-quarter 2012 financial results on September 13, 2011. The current Zacks Consensus Estimate for the quarter is 54 cents a share. For the quarter under review, the revenue estimate is $11,490 million, according to the Zacks Consensus.
|
| Broadridge To Buy Paladyne Systems Posted: 09 Sep 2011 03:05 PM PDT Broadridge Financial Solutions Inc. (NYSE:BR) has agreed to acquire investment management solutions provider Paladyne Systems for a sum of $76.5 million, subject to various adjustments. The acquisition will help Broadridge to expand its presence in the buy-side market.
|
| Posted: 09 Sep 2011 03:05 PM PDT Printing major R.R. Donnelley & Sons Company (NYSE:RRD) recently announced that it has acquired Lemont, Illinois-based privately held Genesis Packaging & Design Inc, for an undisclosed amount.
|
| RCL In Biz Ties With Xiamen Gov’t Posted: 09 Sep 2011 03:05 PM PDT Royal Caribbean Cruises Ltd. (NYSE:RCL) recently formed a strategic alliance with the Xiamen municipal government and China World Cruises ("CWC"). Under the agreement, CWC will charter Royal Caribbean's cruise Legend of the Seas for a total of four months in 2012. CWC is a wholly owned subsidiary of Beijing-based property and theme park developer Shan-Hai-Shu.
|
| 5 Stocks To Watch In The Week Ahead Posted: 09 Sep 2011 02:59 PM PDT ( click to enlarge ) Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) is probably the best stock to own right now. The stock was one of the few stocks that closed positive on Friday as it ended the day up $8.69. The stock gained 14 percent finishing the day at $68.45.Today's move could be the start of a bigger move, which is why I’m watching the stock on Monday. The technical chart shows very strong upward momentum as the stock is trading above the 200 day moving average with both 100 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| American Axle Grows Asia Focus Posted: 09 Sep 2011 02:35 PM PDT American Axle and Manufacturing Inc. (NYSE:AXL) opened its new manufacturing facility in the Hemaraj Eastern Seaboard Industrial Estate in the Rayong Province of Thailand. It is the sixth facility in Asia that will produce front axles, rear axles and driveshafts.
|
| Community Health Resists Tenet Lawsuit Posted: 09 Sep 2011 02:35 PM PDT A lawsuit filed by Tenet Healthcare Corp. (NYSE:THC) against rival healthcare operator Community Health Systems Inc. (NYSE:CYH) is facing resistance from Community Health.
|
| BP Benefits From Mad Dog Appraisal Posted: 09 Sep 2011 02:35 PM PDT BP Plc (NYSE:BP) has projected twice the current output from its Mad Dog field in the deep-water Gulf of Mexico after an appraisal well revealed new resources.
|
| Posted: 09 Sep 2011 02:01 PM PDT VeriSign, Inc. (NASDAQ:VRSN) recently announced that the Executive Vice President and Chief Financial Officer (CFO) Brian Robins resigned from his positions effective September 7, 2011 to pursue other opportunities.
|
| Dow Drops More Than 300 Points During An Emotional Trading Session Posted: 09 Sep 2011 02:00 PM PDT 09/09/11 The Big Board took a big hit to close the week, dropping more than 300 points on growing concerns over the health of the eurozone economy. Also, the session was an emotional one as it paid tribute to the lives lost on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| “It’s Not The End Of The World” Friday Links Posted: 09 Sep 2011 01:55 PM PDT 1. Scott Grannis updated his “20 Bullish Charts” from a year ago, and concludes that the economy is not at risk of a double-dip recession. 2. Daniel Indiviglio of The Atlantic comes to the same conclusion in his article “That Double Dip Everybody’s Talking About? It’s Not Here.” 3. The Conference Board reported this week that the Leading Economic Indexes for July increased in Japan (+0.90%) and the U.K. (+0.30%). 4. Monster Employment Indexes increased in August for the U.S. (+8% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Markets In Everything: Medical Tourism TO The USA Posted: 09 Sep 2011 01:41 PM PDT “Miami hospitals are partnering with the Greater Miami Convention & Visitors Bureau to market Miami as a destination for international patients. Deloitte estimated in 2008 that 400,000 international patients go to the US for medical care, but since then other sources have suggested it is much higher and the current figure could be around 750,000. Ironically, the country most targeted by overseas destinations, the USA, now probably has more inbound medical tourists than there are Americans … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Posted: 09 Sep 2011 01:40 PM PDT Yesterday, American International Group Inc. (NYSE:AIG) vended off senior unsecured floating-rate notes worth $2.0 billion in a two-part offering.
|
| Posted: 09 Sep 2011 01:35 PM PDT Brian Marckx, CFA BUSINESS Positron Corporation (Positron) began designing, producing and marketing molecular imaging devices for cardiology using Positron Emission … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Video Game Sales Slips In August Posted: 09 Sep 2011 01:35 PM PDT The video game industry continued its dismal sales performance, reporting disappointing numbers in the month of August. According to market research firm, The NPD Group, U.S. video game retail sales declined for the fourth consecutive month to $669.9 billion in August 2011, down 23.0% year over year.
|
| Posted: 09 Sep 2011 01:35 PM PDT Technology research firm Gartner (NYSE:IT), recently lowered its PC shipment forecast for the year 2011 and 2012. The research firm considered a number of factors before lowering its forecast for the aforesaid period.
|
| BMC To Drive Efficiency At NEC Posted: 09 Sep 2011 01:35 PM PDT Technology major and software services provider BMC Software (NYSE:BMC) recently secured a contract from NEC BIGLOBE of the NEC Group. With this contract, NEC BIGLOBE expects to deploy BMC's Remedy IT Service Management solutions to improve its incident handling efficiency by 30.0%.
|
| Posted: 09 Sep 2011 01:35 PM PDT Leading consumer and commercial information solutions provider Equifax, Inc. (NYSE:EFX) recently completed the acquisition of Costa Rica-based credit reporting company, Datum. The company did not disclose the financial terms of the deal.
|
| VIDEO: Life In An Oil Field “Man Camp” Posted: 09 Sep 2011 01:34 PM PDT “I was going to go to school for alternative energy, and here I am in the oil fields. So much for solar panels.” HT: … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| U.S. Markets Close Lower; Dow Jones Down 2.69% Posted: 09 Sep 2011 01:15 PM PDT Forexpros – U.S. stocks were down after the closing bell on Friday. At the close of U.S. trade, the Dow Jones Industrial Average fell 2.69%, the S&P 500 index shed 2.67%, while the Nasdaq 100 index declined 2.29%. Meanwhile, across the Atlantic, European stock markets closed lower. France's CAC 40 was down 3.60%; Germany's DAX shed 4.04%; Britain's FTSE 100 declined 2.35%; and the EURO STOXX 50 fell … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Ardea Agrees With FDA On Gout Candidate Posted: 09 Sep 2011 01:00 PM PDT Recently, Ardea Biosciences, Inc. (NASDAQ:RDEA) announced that it is in agreement with the US Food and Drug Administration (FDA) regarding the key features of the late-stage studies, expected to commence by year-end, of its gout candidate lesinurad (formerly RDEA594). Ardea reached the agreement with the US regulatory body following the end-of-phase II meeting regarding lesinurad, Ardea's lead pipeline candidate.
|
| Leap’s “Muve” On Samsung Vitality Posted: 09 Sep 2011 01:00 PM PDT Leap Wireless International Inc. (NASDAQ:LEAP), a leading provider of digital wireless communication services in the U.S. primarily through its wholly-owned subsidiary Cricket Communications Inc. (popularly known as "Cricket"), plans to offer its popular "Muve Music" service on Samsung's new Android-based smartphone called "Samsung Vitality."
|
| Forex – Dollar Strengthens In U.S. Trade As Euro Dives Posted: 09 Sep 2011 12:40 PM PDT Forexpros –
|
| ABM Industries Beats, Revenue Lags Posted: 09 Sep 2011 12:35 PM PDT ABM Industries Inc. (NYSE:ABM) reported fiscal third quarter 2011 ending July 31 earnings of 51 cents per share, comfortably surpassing the Zacks Consensus Estimate by 4 cents. Results also improved 21% year over year from 42 cents earned in the prior year quarter. Net income increased 27% year over year to $27.9 million in the quarter under review.
|
| Posted: 09 Sep 2011 12:35 PM PDT Below are the key sections of President Obama's speech on jobs before a joint session of Congress on September 8th. Since it was a long speech, I have tried to cut out the parts that were mostly either political (OK, in one sense that should eliminate the entire speech) or background, and just leave the actual substantive proposals. The overall cost of the package is projected to be $447 billion. In general I thought it was a good speech, and would greatly help the economy if it were … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Posted: 09 Sep 2011 12:35 PM PDT Dendreon Corporation (NASDAQ:DNDN) recently announced that it will lay off 500 employees tantamount to roughly a quarter of its workforce as part of a drastic restructuring plan. The plan was announced to reduce spending to cope with disappointing sales of its prostate cancer vaccine Provenge. Dendreon also announced the departure of its chief operating officer Hans Bishop.
|
| Posted: 09 Sep 2011 12:35 PM PDT We reiterate our Neutral recommendation on Liberty Media Corp. (NASDAQ:LINTA). The company's second quarter of 2011 financial results outperformed the Zacks Consensus Estimates.
|
| Xcel’s Notes Get BBB+ From Fitch Posted: 09 Sep 2011 12:10 PM PDT Electricity and natural gas company Xcel Energy Inc. (NYSE:XEL) issued $250 million unsecured notes yielding 4.8% interest per year and maturing on September 15, 2041. Fitch Rating assigned a “BBB+” rating for the new note offering with a stable outlook.
|
| Posted: 09 Sep 2011 12:05 PM PDT Yesterday, the board of IntercontinentalExchange Inc. (NYSE:ICE) announced the sanction of a new stock repurchase program worth $300 million to be carried on over a period of time, depending on the market conditions. Including the $85 million of share repurchasing capacity available from the prior authorization, ICE now has $385 million of shares that can be repurchased.
|
| Posted: 09 Sep 2011 12:05 PM PDT Recently, the Cardiovascular and Renal Drugs Advisory Committee of the US Food and Drug Administration (FDA) issued a positive opinion and recommended the US approval of Bayer's (BAYRY) blood-thinner Xarelto (rivaroxaban) for an additional indication. Bayer has co-developed the drug with Johnson & Johnson (NYSE:JNJ).
|
| Omnicare Launches Tender Offer Posted: 09 Sep 2011 12:05 PM PDT PharMerica Corporation (NYSE:PMC), a pharmacy management services company, recently revealed that Omnicare Inc. (NYSE:OCR), which sells drugs to long-term care facilities and nursing homes, has launched a hostile tender offer to purchase its outstanding common stock for $15 per share on a cash basis. Deutsche Bank (NYSE:DB) is the financial adviser for PharMerica and Holland & Knight LLP, its legal adviser.
|
| Constellation Offers Solar Leasing Posted: 09 Sep 2011 12:05 PM PDT The retail business of Constellation Energy (NYSE:CEG) is planning to offer a solar panel leasing program to its residential customers in Maryland, New Jersey, New York, Massachusetts, Ohio and Pennsylvania.
|
| U.S. Stocks Tumble In Afternoon Trade; Dow Sinks 2.8% Posted: 09 Sep 2011 11:54 AM PDT Forexpros –
|
| Euro Takes A Dive On Eurozone Debt Concerns Posted: 09 Sep 2011 05:00 AM PDT 09/09/11 The euro slide widened this afternoon on growing European debt crisis concerns while yesterdays speech by ECB President Jean-Claude Trichet did little to help the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
|
| Posted: 08 Sep 2011 10:00 PM PDT On Monday, September 12, many Chinese, Koreans and Vietnamese celebrate the Mid-Autumn Festival, one of the most important holidays besides Chinese New Year. It is also known as Moon Festival because it is celebrated when the moon is at its brightest of the year.
|
| Economic Resilience Of Emerging Markets Posted: 08 Sep 2011 10:00 PM PDT A boxer's stamina is judged by how quickly he rebounds from a blow. Strength of a country, then, could be measured by how quickly the economy can bounce back from a crisis. The Economist provided one measure when it compared countries' percentage change in real GDP per person from the fourth quarter of 2007 through the second quarter of 2011.
|
| 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 | |
No comments:
Post a Comment