Wednesday, September 7, 2011

DailyMarkets.com - MSI Launches New Product

DailyMarkets.com - MSI Launches New Product

MSI Launches New Product

Posted: 07 Sep 2011 08:05 AM PDT

Motorola Solutions Inc. (MSI), a leading communications equipment manufacturer, recently launched two-way radios with waterproof resistance called TALKABOUT MS350R. This new series of radios is priced at $99.99 per pair.
These newly launched radios are powered by Motorola’s popular Push-to-Talk (PTT) technology and will help users to communicate during poor weather conditions. It will be of great help to the hunters and the travelers during inclement weather. The device possesses in-built LED … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Capital One Business – Which Credit Card Is Best?

Posted: 07 Sep 2011 07:40 AM PDT

Are you a business owner looking for a Capital One Business credit card to help with your business financing and other needs? Having reviewed many credit cards, I find that Capital One business credit cards, issued by Capital One Financial (NYSE:COF), are among some of the most versatile cards in the U.S. Since there are quite a few Capital One business credit cards, it can be quite time-consuming for you to find the right one.

To help you save time, I’ll highlight the best Capital One Business … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Qiagen Expands With Lilly

Posted: 07 Sep 2011 07:35 AM PDT

Recently, Qiagen (NASDAQ:QGEN) entered into a partnership with Eli Lilly and Company (NYSE:LLY), a global pharmaceutical product manufacturer. As per the terms of the partnership, both the companies will jointly develop, manufacture and commercialize a molecular companion diagnostic for an early-stage investigational compound, which is currently being developed by Lilly. However, financial terms of the agreement have not been disclosed.
With the collaboration, both the companies will combine their … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Netflix Lands In Brazil

Posted: 07 Sep 2011 07:35 AM PDT

Netflix Inc. (NFLX) recently announced the launch of its streaming services in Brazil. Subscribers can immediately sign up for the one-month trial service for free. The newly launched Portuguese version service will be available on personal computers, game consoles and other Internet connected devices at a monthly rate of BR$14.99.
Apart from Brazil, Netflix is scheduled to launch its services in 43 other countries in the Latin American region from September 7 onwards. The company will also … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NNN Issues Public Offering

Posted: 07 Sep 2011 07:35 AM PDT

National Retail Properties, Inc. (NNN) recently issued a public offering of 8 million shares at an average price of $26.07 per share. As a part of the offering, the underwriters have an option of purchasing additional 1.2 million shares within a time period of 30 days.
Consistent with its investment objectives and strategies, National Retail intends to utilize the proceeds generated from the offering to acquire additional assets and repay debts under its credit facility and for other general … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BOC Strikes Dovish Tone, But That’s Not A Surprise

Posted: 07 Sep 2011 07:10 AM PDT

The Bank of Canada turned more dovish in their September interest rate decision, as the global outlook deteriorated. The central bank said that "in light of slowing global economic momentum and heightened financial uncertainty, the need to withdraw monetary stimulus has diminished." That's a far cry from the July statement that had said, "To the extent that the expansion continues and the current material excess supply in the economy is gradually absorbed, some of the considerable … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold And Silver Testing An Cracking Important Support Levels

Posted: 07 Sep 2011 07:08 AM PDT

Gold (XAU/USD)

After breaking into a fresh record high at 1920.75, gold slid sharply, and is now hovering above 1800 psychological support, near the 1812 pivot level.

If the 1800-1812 area does not hold as support, gold is seen in a flat consolidation in the 4H chart.
The 4H RSI has whipped from below 30 to above 70, and is now failing to hold above 40 and therefore reflects a range-bound market in this medium time-frame covering most of August and projected to mid-late September.
The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Canadian Ivey PMI Jumps More-than-expected In August

Posted: 07 Sep 2011 07:06 AM PDT

Forexpros – Canada’s Ivey purchasing managers' index rose significantly more-than-expected in August, industry data showed on Wednesday.

In a report, the Richard Ivey School of Business said its purchasing managers' index jumped by 12.2 points to 57.6 in August from 45.4 in July.

Analysts had expected the index to rise by 1.3 points to 46.7 in August.

A figure above 50.0 indicates industry expansion, below indicates contraction.

According to the data, the Employment Index declined to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Food Truck Links

Posted: 07 Sep 2011 07:04 AM PDT

1. DETROIT — “It's only fitting that a region called "The Motor City" is getting into the mobile food game big time, and the new Taco Mama Detroit is now in operation (see photo above).”

2. CANADA — “Exotic food trucks, which have long been popular staples in such U.S. cities as Los Angeles, New York City and Portland, are slowly making their way to Canada. However, some operators in two of the country’s biggest markets say municipal regulations often leave them spinning their … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EU Clears ViroPharma’s Drug

Posted: 07 Sep 2011 06:58 AM PDT

ViroPharma Inc. (NASDAQ:VPHM) recently received approval from the European Commission (EC) for its epilepsy drug, Buccolam. The European regulatory body granted a Centralized Pediatric Use Marketing Authorization (PUMA) for Buccolam for the treatment of prolonged, acute, convulsive seizures in infants, toddlers, children and adolescents, aged 3 months to 18 years.
PUMA is a new type of centralized marketing authorization procedure for medicines that are already authorized but are no longer covered … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Telefonica Restructures Operations

Posted: 07 Sep 2011 06:58 AM PDT

Spanish telecom giant Telefonica SA (NYSE:TEF) is restructuring its operations for an efficient online business. The company will construct a new business unit, Telefonica Digital, which will be headquartered in London.
The new business unit will include Spain's popular social networking site Tuenti, Internet telephony provider Jajah, Internet portal Terra and other businesses. With the new division, Telefonica will streamline its operations in two regions –– Europe and Latin America. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aussie And Kiwi Bid Higher As Global Equity Markets Rally

Posted: 07 Sep 2011 06:52 AM PDT

Fundamental Headline
• Banks Got $15B 'Subsidy' on U.S. Guarantee – Bloomberg
• Obama Said to Seek $300 Billion Jobs Package – Bloomberg
• Risk Assets Snap September Slump – Financial Times
• Court Curbs German Ability to Act Fast on Debt Crisis – Reuters
• Bernanke Takes on a Balancing Act – WSJ
European Session Summary
Risk-appetite was boosted throughout the European session after the top German court rejected constitutional challenges to Germany's participation in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Futures Extend Gains, Trade Above USD88 A Barrel

Posted: 07 Sep 2011 06:51 AM PDT

Forexpros – Crude oil futures extended gains on Wednesday, rising to a fresh three-day high as reports that President Barack Obama planned to propose a USD300 billion stimulus package to spur job growth boosted sentiment, while strong equity gains also lent support.

On the New York Mercantile Exchange, light, sweet crude futures for delivery in October traded at USD88.12 a barrel during U.S. morning trade, surging 2.45%.

It earlier rose as much as 2.56% to trade at USD88.27 a barrel, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Markets In Everything: Amazon Lockers At 7-11

Posted: 07 Sep 2011 06:35 AM PDT

“Word on the street is that Amazon is testing out something new in Seattle – lockers at 7-Eleven mini marts that will let online shoppers pick up their packages while they grab a hot dog instead of waiting for the UPS man at home.

How do these work? Presumably, Amazon customers will be able to have their goodies shipped to the 7-Eleven lockers and access the boxes via a pin number supplied with their order notification email (see photo … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Market News Briefs: Bank Of America, Credit Suisse Group, Goldman Sachs Group, International Paper Company, Lufkin Industries, Manitowoc Company, Pulte Homes, Natl Westminster Pfd, Sprint Nextel, Sunoco, AT&T, Temple-Inland, Whirlpool Corporation

Posted: 07 Sep 2011 06:31 AM PDT

    Lufkin Industries (NASDAQ:LUFK) said it had concluded an Asset Purchase Agreement to purchase virtually all the assets of Quinn’s Oilfield Supply Ltd for around $303 million

    Shares of exploration company Sunoco Inc. (NYSE:SUN) gained 5.32% after the company announced its decision to sell off its refinery businesses and concentrate on the gasoline retail segment

    Shipping box maker Temple Inland, Inc.'s (NYSE:TIN) share prices advanced 25.25% to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Fastenal Ups August Sales

Posted: 07 Sep 2011 06:31 AM PDT

Fastenal Co. (NASDAQ:FAST) reported net sales of $259.4 million for August 2011, up 25.4% from $206.8 million, a year ago. Average daily sales during the month amounted to $11.3 million versus $9.4 million in August 2010.
Daily sales to manufacturing customers (who represent almost 50% of revenues) improved 17.6% in August 2011 as compared with the August 2010 daily sales performance. Alongside, daily sales to non-residential construction customers increased 16.9% year over year in the month under … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Pares Losses After BoC Rate Decision

Posted: 07 Sep 2011 06:31 AM PDT

Forexpros – The U.S. dollar pared losses against its Canadian counterpart on Wednesday, bouncing off a three-day low after the Bank of Canada said the need to withdraw monetary policy stimulus has diminished.

USD/CAD clawed up from 0.9850, the lowest since September 2, to trade at 0.9891 during U.S. morning trade, still down 0.13% on the day.

The pair is likely to find short-term support at 0.9752, the low of September 2 and resistance at 0.9964, Tuesday's high and a four-week high.

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

Forex Trading: EURUSD Tests 200 Day MA At The 1.4017 Level

Posted: 07 Sep 2011 06:28 AM PDT

The EURUSD tested the 100 hour MA earlier today and fell off. Since that time, the price is back down and looks to test the 200 day MA at the 1.4017 level.  The price moved below this key level yesterday but found support against the long term trendline on the daily chart at the 1.4072 level.

Looking at the 5 minute chart the 1.4017 is also a level where floors and ceilings have formed over the last 24 hours.  Key level for todays … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD: Assessing Wedge Breakout And Elliott Wave Structure

Posted: 07 Sep 2011 06:26 AM PDT

USD/CAD

The USD/CAD looks bullish to start September. The market completed a 5-wave rally from 0.9725 to 0.9965.
The RSI also pushed above 70 to establish bullish momentum in the short-term.
The structure and momentum suggests that the current decline might be just a correction to the rally.
50% retracement is at 0.9845, and 61.8% retracement is at 0.9817. A clear bullish outlook remains if the RSI can stave off a sustained break below 40, and price action can hold above 0.9820, and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Mechel Reports Elga Results

Posted: 07 Sep 2011 06:11 AM PDT

Russian coal miner and steelmaker Mechel OAO (NYSE:MTL) has announced the first results of mining at Yakutugol Holding Company OAO’s Elga Coal Complex.
Sakha Republic's Agency for Use of Mineral Resources gave permission to launch the first stage of the open-pit development of the Elga deposit. Construction of the Ulak-Elga railway link was completed ahead of schedule. A coal reloading facility at this site will allow the company to transport the Elga coal by truck until the railroad is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Can Washington Deliver?

Posted: 07 Sep 2011 06:11 AM PDT

With the economic calendar relatively on the thin side in this holiday-shortened week, the market is keenly waiting for the two speeches from Washington this Thursday — the first by Fed Chair Ben Bernanke and the second by the President Obama, focused on the labor market. Given the relatively low expectations, particularly from the president, there is room for positive surprise.

Reports in the media indicate that the president plans to announce a roughly $300 billion program that will include … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bank Of Canada Leaves Interest Rate Unchanged At 1.00%

Posted: 07 Sep 2011 06:08 AM PDT

Forexpros – The Bank of Canada left its benchmark interest rate unchanged in September, it announced on Wednesday.

In a statement, the central bank said it was leaving its overnight cash rate unchanged at 1.00%, broadly in line with expectations.

According to the BoC, the global economic recovery has deteriorated in recent weeks as several downside risks to the projection in the Bank's July Monetary Policy Report have been realized.

The European sovereign debt crisis has intensified, a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/CHF Unchanged After SNB Move To Cap Franc

Posted: 07 Sep 2011 06:06 AM PDT

Forexpros – The euro was unchanged against the Swiss franc on Wednesday, trading close to its newly established rate cap after the Swiss National Bank acted Tuesday to rein in the soaring franc.

EUR/CHF hit 1.2035 during European afternoon trade, the daily low; the pair subsequently consolidated at 1.2063, dipping 0.02%.

The pair was likely to find support at 1.1975, the low of July 7 and short-term resistance at 1.2081, the days high.

On Tuesday, Switzerland's central bank said it had … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

RadioShack On Neutral Zone

Posted: 07 Sep 2011 06:05 AM PDT

The nightmare of RadioShack Corp. (NYSE:RSH) persists as the company continues its disappointing performance. Precipitous decline of the core consumer electronics retail businesses, adverse product-mix toward low-margin devices, and a volatile macro-economic scenario in the U.S. are taking toll on the company's financials.
Nevertheless, a silver lining for the company is its recent deal with Verizon Wireless, which is a joint venture between Verizon Communications Inc. (NYSE:VZ) and Vodafone Group … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

FLIR Gets Contract From US Army

Posted: 07 Sep 2011 06:05 AM PDT

FLIR Systems Inc. (NASDAQ:FLIR) received a $50.0 million repair and maintenance services contract from the U.S. Army. The services will be used by the Army’s force protection surveillance systems, which are being used throughout the world. The contract is for a period of five years. In the first year, repair and maintenance services of $10.2 million will be provided to the Army with an option to get $39.8 million of similar services over a period of next four years.
FLIR’s Foreign Sales operations … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Futures Point Higher As Yahoo Rallies; Dow Up 1%

Posted: 07 Sep 2011 05:44 AM PDT

Forexpros – U.S. stock futures pointed to a broadly higher open on Wednesday, as reports that President Barack Obama planned to propose a USD300 billion stimulus package to spur job growth boosted sentiment, while Yahoo shares rallied after the firing of its chief executive officer.

Ahead of the open, the Dow Jones Industrial Average futures pointed to a strong gain of 1%, the S&P 500 futures indicated a rise of 1.15%, while the Nasdaq 100 futures signaled a 0.95% gain.

Media outlets … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

RIO To Divest Palabora Stake

Posted: 07 Sep 2011 05:35 AM PDT

Miner Rio Tinto plc (NYSE:RIO) has expressed its intention to divest the company's 57.7% stake in South African copper mine, Palabora. Rio Tinto informed about the divestment issue to the board of Palabora Mining Company Limited.  Thereafter, the commercial process for selling the effective shareholding has already been initiated by the mining giant.
The copper mine in South Africa, which is the principal asset of Palabora has a current mine life until early 2016. Studies showing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Rogers Communications Diversifying

Posted: 07 Sep 2011 05:35 AM PDT

Rogers Communications Inc. (NYSE:RCI), a leading cable MSO and wireless operator in Canada, has decided to diversify vertically. Management plans to apply to government for introducing a bank under the Canadian Bank Act. However, the company announced that if granted permission, Rogers Communications will primarily focus on credit, payment, and charge-card services and it has no immediate plan to convert the bank as a full-service deposit taking and lending financial institution. It may take more … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Tonight’s Republican Debate: The 19th Century Or The Stone Age?

Posted: 07 Sep 2011 05:26 AM PDT

Tonight a bevy of Republican presidential hopefuls hope to emerge as finalists. Rick Perry and Michele Bachmann will battle for the right-wing nut Tea Party finals. Mitt Romney and John Huntsman will position themselves for the moderate right-wing finals. The putative winners in both these rounds will take on each other in the months ahead. 
Nonetheless, listen tonight, if you can bear it, for anything other than standard Republican boilerplate since the 1920s — a wistful desire to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Trims Losses As EZ Debt Concerns Weigh

Posted: 07 Sep 2011 05:21 AM PDT

Forexpros – The U.S. dollar trimmed losses but remained broadly lower against all of its major counterparts on Wednesday, as concerns over the euro zone debt crisis remained in the spotlight after Germany's high court ruled that the country's parliament must approve future euro zone rescue packages.

During European afternoon trade, the greenback was down against the euro, with EUR/USD rising 0.25% to hit 1.4034.

Earlier in the day, Germany's constitutional court ruled that the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Trims Gains After Soft U.K. Economic Data

Posted: 07 Sep 2011 05:07 AM PDT

Forexpros – The pound trimmed gains against the U.S. dollar on Wednesday, easing off a daily high amid concerns that a flurry of recent soft U.K. economic data would see the Bank of England lean towards a fresh round of monetary stimulus.

GBP/USD pulled away from 1.6040, the daily high, to hit 1.5984 during European afternoon trade, still up 0.26% on the day.

Cable was likely to find support at 1.5920, Tuesday's low and a two-month low and resistance at 1.6166, Tuesday's high.

Earlier … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Trims Gains After German Court Ruling

Posted: 07 Sep 2011 04:39 AM PDT

Forexpros – The euro trimmed gains against the U.S. dollar on Wednesday, pulling back from the daily high after high after Germany’s high court upheld the legality of Greece's bailout but ruled that the country's parliament must approve future euro zone rescue packages.

EUR/USD pulled away from 1.4150, the daily high, to hit 1.4057 during European early afternoon trade, still up 0.42% over the day.

The pair was likely to find support at 1.3971, Tuesday's low and a seven-week low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Steady After Swiss Action On Strong Franc

Posted: 07 Sep 2011 03:52 AM PDT

Forexpros – The U.S. dollar was steady against the Swiss franc on Wednesday, trading in a narrow range after Tuesday's surprise announcement by the Swiss central bank of an exchange rate cap for the franc knocked more than 8% off the value of the currency.

USD/CHF hit 0.8540 during European morning trade, the daily low; the pair subsequently consolidated at 0.8575, shedding 0.51%.

The pair was likely to find support at 0.8537, the day's low and resistance at 0.8626, Tuesday's high and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Cotton Futures Climb To 2-week High On Global Crop Concerns

Posted: 07 Sep 2011 03:21 AM PDT

Forexpros – Cotton futures climbed to a two-week high on Wednesday, after government data showed that U.S. crop conditions deteriorated last week, while ongoing fears over a disruption to supplies in Pakistan provided further support.

On the ICE Futures U.S. Exchange, cotton futures for October delivery traded at USD1.0731 a pound during European morning trade, gaining 0.88%.

It earlier rose as much as 1.1% to trade at USD1.0773 a pound, the highest price August 24.

The U.S. Department of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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