DailyMarkets.com - Positive Data On Teva Candidate
DailyMarkets.com - Positive Data On Teva Candidate |
- Positive Data On Teva Candidate
- Toyota Grows Focus On Indonesia
- TSS Extends Deal, Develops App
- Imports Tumble, Crude Stocks Fall
- Myriad Eyes Portfolio Expansion
- Patterson-UTI Rig Count Up To 223
- Hot Option Plays: Violent Pullback
- Crude Oil Weakens In U.S. Afternoon Trade
- Charting The Breakdown Levels To Watch In The Euro XEU
- United August Traffic Falls Overall
- Drill, Drill, Drill = Jobs, Jobs, Jobs
- Disney Extends NFL Deal
- Ulta Salon Tops, Maintains Momentum
- Bulls Eye Rebound For Shares In Toyota, Sony
- Kroger’s Profit Rises
- BofA To Layoff 40,000 Workers
- Sprint To Expand In Ethernet Market
- Prologis Divests In Korea
- European Stocks End Session Sharply Lower; DAX Sheds 4%
- “Euro-zone Worries…not Going Away”
- Europe In Disarray As Stark Bolts ECB, Germany Prepares Contingency Plan For Greek Default
- Crude Sees A Steep Decline On European Debt Concerns And Stronger Dollar
- MGIC Slashes Jobs, Posts Aug Stats
- Xerox Enhances Digital Portfolio
- European Markets Close Lower; Dax Down 4.04%
- Forex – USD/JPY Falls In Early U.S. Trade
- Cartoon Of The Day
- DIRECTV Offers NFL To Lift Viewership
- Euro Plummets To 6-month Low As Greece Default Nears
- St. Jude’s Genesis Wins CE Mark
- Forex – EUR/USD Sinks On ECB Member Resignation
- United Natural Reports In Line
- Quest To Speak At Global Conference
- Of Course Social Security Is A Ponzi Scheme, Everybody Knows That
- Singapore Stock Market Update For Friday 09 September
- Forex Trading: EURUSD Tests Fibonacci Support At The 1.3662 Level. Care Warranted…
- Statoil Resumes North Sea Venture
- Alliant Moves Closer To Market
- Forex Trading: USDJPY Falls On Safe Haven Flows
- US Stock Averages Slide On Euro Zone Jitters
- CVS Caremark Remains At Neutral
- Stark Resignation Creates Selling Spiral – Core Bonds Surge
- Forex Trading: EURUSD Targets (continued).
- Moving Can Have Negative Effect On Your FICO Credit Score
- Wall Street Remembers 9/11 With Silence And Tears
- Forex – EUR/USD Down During The European Session
- Forex Trading: GBPUSD At Key Trendline On The Daily
- August Comps Slip At Bon-Ton
- Forex – GBP/JPY Down In European Trading Hours
- CA To Assist VMware
- IBM Partners 3M
- Stats Of The Day
- Forex Trading: EURUSD Breaking Below The 1.3728 Support. Key Level For Traders
- Dodd-Frank Act, Aka The 2010 Full Employment Act For Lawyers, Accountants, And Consultants
- Zacks Initiates Coverage Of Golden Phoenix Minerals
- Roche And Evotec Sign Agreement
- Pelangio Increases The Strike Length At Pokukrom East Again
- The President’s Jobs Proposal
- Stock Market News Briefs: Achillion Pharmaceuticals, Caliper Life Sciences Inc, Caseys General Stores, G-III Apparel Group, LTD., Gramercy Capital Corp, Google, Piper Jaffray Companies, PerkinElmer, Smithfield Foods, Silicom Ltd
- Supervalu To Sell 107 Gas Stations
- Barrick Gold Sells Pinson Stake
- Ecolab Plans Share Buyback
- Forex – NZD/USD Down During The European Session
- AUD/JPY In Triple Top Action With 80.60, 80.20 In Sight
- Forex – EUR/CHF Down In European Trade
- Will High Prices Help To Ration Soybean Supplies?
- President Obama Puts Forth The $447 Billion American Jobs Act & Japan’s Economy Contracts More-than-expected
- Greenback Nears Eight-week Peak
- Honeywell Receives Contract
- Mechel Announced Posiet Port Results
- Markets In Everything: Jakarta “Traffic Jockeys” Rent Themselves Out As Paid Passengers
- Forex – USD/CAD Up In European Trading Hours
- ERJ-AEL Join Hands To Form Harpia
- Wells Fargo To Acquire LaCrosse
- Canadian Housing Starts Fall More-than-expected
- Loonie Slides As Canadian Economy Sheds Jobs In August
- Forex – EUR/GBP Down During The European Session
- A Weak Euro Means A Weak CHF; Target Levels For EUR/USD, USD/CHF And GBP/CHF
- Forex – USD/CAD Up On Economic Data
- Canadian Employment Change Falls Unexpectedly
- Forex – USD/CHF Up During The European Session
- Forex – EUR/USD Down In European Trading Hours
- Forex – USD/JPY Up In European Trade
- Forex – GBP/USD Up On Economic Data
- U.K. PPI Input Falls More-than-expected
- Fitbug Secures Key New Deal With US Health Insurer
- Forex – GBP/USD Up During The European Session
- Forex – EUR/GBP Up During The European Session
- Asian Markets Mixed At Close; Nikkei Down 0.63%
- Growth & Income Stock: The TJX Companies, Inc.
- Bull Of The Day: Polo Ralph Lauren (RL)
- Bear Of The Day: Gerdau S.A.
- Aggressive Growth Stock: Genesco, Inc.
- Momentum Stock: Under Armour, Inc.
- Forex – EUR/USD Up During The Asian Session
- Forex – GBP/USD Up In Asian Trade
- Two Cheers And One Jeer For The American Jobs Act
- Forex – Dollar Weakens In Mid-day Asian Trade
- Forex – USD/JPY Falls In Mid-day Asian Trade
- Asian Stocks Mixed In Early Trade; Nikkei Eases 0.28%
- Crude Oil Retreats In Early Asian Trade
- Gold Futures Rise In Early Asian Trade
- Japan’s GDP Falls
- Forex – USD/JPY Up On Economic Data
- Forex – EUR/USD Edges Higher In Early Asian Trade
- Forex – EUR/USD Up During The Asian Session
- Google Acquires Zagat, In Effort To Expand Local Services
- Another Disaster In The Making
- Forex – NZD/USD Up In Asian Trade
- Cameron Revives Petrobras Deal
- Northrop Offers Advanced Sensors
- A Guide To Code Words In Presidential Speeches
- G7 Meeting, US Wholesale Inventories, McDonald’s August Sales, China: CPI, PPI, Consumer Confidence, Industrial Production, Retail Sales
- Hot Option Plays: What’s Left For The Fed?
- Soft Sales, OfficeMax Cuts Outlook
- Halliburton To Take Over Multi-Chem
- Molina Maintained At Neutral
- Vale Faces Trouble Overseas
- Walgreen’s August Sales Rise
- Pepsi Ups Stake In Chinese Bottler
- Boeing Dreams Big For China
- EW CEO To Speak At Global Conference
- Irene Could Spoil Darden’s Party
- Regency Closes $600M Facility
- Fred’s August Sales Climb
- Dow Drops 119 Points As Investors Question Bernanke Address And Upcoming Obama Speech
- Forex – EUR/USD Down At The End Of U.S. Session
- PFE Tender Offer For Icagen Succeeds
- CMS Offers Energy: Cheap & Green
- ProAssurance Finally Pays Dividend
- Forex – USD/JPY Up Toward The End Of U.S. Session
- Equinix In German Data Center Pact
- Navistar Profits Fall, Misses Ests
- Goldman Sachs Sells Notes
- Gap Expands In Russia
- Irene’s Impact On CSX Earnings
- Abercrombie Evenly Poised
- Forex – EUR/USD Down Toward The End Of U.S. Session
- U.S. Markets Close Lower; Dow Jones Down 1.04%
- Jacobs Wins Suncor Energy Contract
- Quicksilver Seals 2 New Credit Facilities
- Earnings Scorecard: Campbell Soup
- Forex – GBP/USD Down During The U.S. Session
- Dover Sells A Pair Of Companies
- Forex – USD/CHF Up In U.S. Trading Hours
- Smithfield Exceeds By A Penny
- Forex – USD/CAD Up In U.S. Trade
- Forex – EUR/USD Down In U.S. Trading Hours
- Link To Livestream Of Lecture At Drake University, September 8, 7pm CDT
- Risk Aversion Strengthens On Weak Jobless Claims Report
- Options Player May Profit If FedEx Delivers By October Expiration
- Crude Slightly Higher On Inventory Drop
Positive Data On Teva Candidate Posted: 09 Sep 2011 11:35 AM PDT Teva Pharmaceutical Industries Ltd. (NASDAQ:TEVA) and Alcobra Ltd. announced top-line results on their attention deficit hyperactivity disorder (ADHD) candidate, MG01CI. Results were presented from a six week, randomized, placebo-controlled, phase II multi-center study that was conducted to evaluate the safety and efficacy of the candidate in adults suffering from ADHD. |
Toyota Grows Focus On Indonesia Posted: 09 Sep 2011 11:35 AM PDT Toyota Motor Corp. (NYSE:TM) plans to invest ¥30 billion ($388 million) for building an assembly plant in Indonesia in order to tap demand from the fast-growing Southeast Asian market. With the addition of the plant, the automaker's production capacity in Indonesia will nearly double to 200,000 vehicles per year. |
TSS Extends Deal, Develops App Posted: 09 Sep 2011 11:35 AM PDT On Wednesday, Total System Services, Inc. (NYSE:TSS) announced that it will continue providing authorizations and payment services to merchants of Clearent LLC – a payment processing company that caters to financial institutions, ISOs and merchants. The two companies signed a long-term agreement for the same. However, the financial terms of the deal were not disclosed. |
Imports Tumble, Crude Stocks Fall Posted: 09 Sep 2011 11:35 AM PDT The U.S. Energy Department’s weekly inventory release showed that crude stockpiles fell more than expected as imports tumbled, while gasoline and distillate both added to their supplies. Meanwhile, refiners reduced processing rates by 0.2%. |
Myriad Eyes Portfolio Expansion Posted: 09 Sep 2011 11:35 AM PDT Myriad Genetics (NASDAQ:MYGN) has made a debt investment of $25 million (for 6 years at 6% interest rate) in South San Francisco based Crescendo Bioscience and obtained an exclusive 3-year option to acquire it. Myriad has the discretion to exercise its option provided Crescendo attains a minimum revenue milestone during the 3 year period. |
Patterson-UTI Rig Count Up To 223 Posted: 09 Sep 2011 11:35 AM PDT Onshore contract driller Patterson-UTI Energy Inc. (PTEN) declared that its August 2011 drill rig count averaged 223, up from 216 in the previous month. The company operated 210 rigs in the U.S. and 13 in Canada in August, compared with 205 rigs in the U.S. and 11 rigs in Canada during July this year. |
Hot Option Plays: Violent Pullback Posted: 09 Sep 2011 11:19 AM PDT Cusick’s Corner |
Crude Oil Weakens In U.S. Afternoon Trade Posted: 09 Sep 2011 11:14 AM PDT Forexpros – |
Charting The Breakdown Levels To Watch In The Euro XEU Posted: 09 Sep 2011 11:10 AM PDT News of Greece's debt and European contagion again dominated the headlines on Friday. What we're seeing is the Euro Index, symbol $XEU, which roughly tracks the EUR-USD FOREX pair (as in 140 in the Index is similar to 1.40 in the EUR-USD pair). It's not a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
United August Traffic Falls Overall Posted: 09 Sep 2011 11:05 AM PDT The consolidated August traffic dropped 2.7% at the largest U.S. airline United Continental Holdings Inc. (UAL) due to weak domestic and international travel. Airline traffic is measured in billions of revenue passenger miles, which means one mile flown by one passenger. |
Drill, Drill, Drill = Jobs, Jobs, Jobs Posted: 09 Sep 2011 11:00 AM PDT Jeff Landry (R-LA) during Obama’s speech last night. |
Posted: 09 Sep 2011 10:50 AM PDT The Walt Disney Company (NYSE:DIS) has stretched its broadcast rights deal with the National Football League for eight more years, the Wall Street Journal reported. According to the pact, the company will pay $15.2 billion over the tenure of the deal. |
Ulta Salon Tops, Maintains Momentum Posted: 09 Sep 2011 10:50 AM PDT Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) posted second quarter 2011 earnings of 38 cents per share, which surpassed the Zacks Consensus Estimate of 32 cents. Quarterly earnings shot up 72.7% from the year-ago quarter earnings of 22 cents per share and also beat management's guided range of 31 cents to 33 cents. |
Bulls Eye Rebound For Shares In Toyota, Sony Posted: 09 Sep 2011 10:47 AM PDT Bulls eye rebound for shares in Toyota, Sony |
Posted: 09 Sep 2011 10:35 AM PDT The Kroger Company (NYSE:KR), one of the largest grocery retailers, recently posted second-quarter 2011 results. The quarterly earnings of 41 cents a share jumped 7.9% from 38 cents delivered in the prior-year quarter. Management hinted that the increase in the bottom-line remains consistent with Kroger's long-term goal of 6% to 8% growth. |
Posted: 09 Sep 2011 10:35 AM PDT Bank of America Corp. (NYSE:BAC) is mulling over retrenching 40,000 workers under the first phase of a proposed restructuring program to recover its financial position, the Wall Street Journal reported following communication with people familiar with the plans. The looming layoff scenario does not come as a surprise from a company fraught with a $1 trillion problem-loan portfolio. The ongoing economic and market instability has compounded the quandary. |
Sprint To Expand In Ethernet Market Posted: 09 Sep 2011 10:35 AM PDT One of the leading telecom carriers, Sprint (NYSE:S) announced its plans to expand its Ethernet services to 65 markets, thereby driving growth in its networking business. The company has already made its presence felt in Ethernet business in 40 domestic and 37 international markets. |
Posted: 09 Sep 2011 10:35 AM PDT Prologis (NYSE:PLD), a leading industrial real estate investment trust (REIT), has recently divested a significant chunk of its portfolio in Korea for net proceeds of $65.6 million. The asset sale was part of the corporate strategy of the company to better align the portfolio with its investment policy, sprucing up of private capital business, and strengthening the balance sheet. |
European Stocks End Session Sharply Lower; DAX Sheds 4% Posted: 09 Sep 2011 10:33 AM PDT Forexpros – |
“Euro-zone Worries…not Going Away” Posted: 09 Sep 2011 10:32 AM PDT 09/09/11 OnPoint Executions’ Bobby Heller discusses today’s volatility in equities and ongoing jitters over Europe’s sovereign … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Europe In Disarray As Stark Bolts ECB, Germany Prepares Contingency Plan For Greek Default Posted: 09 Sep 2011 10:30 AM PDT Following a week session in the euro yesterday on the back of the ECB turning more dovish today we see the market continuing to route the euro currency. Today, in addition to that shifting expectations regarding interest rates for that ECB, we have dissension turning into resignation as ECB member Stark decided to leave the ECB on account of his objection to the ECB bond buying program (according to Reuters, though the official word is "personal reasons"). He will be the second … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Crude Sees A Steep Decline On European Debt Concerns And Stronger Dollar Posted: 09 Sep 2011 05:30 AM PDT 09/09/11 Crude prices were down more than $3 intraday as European debt concerns and a stronger dollar hampered prices as the week nears its … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
MGIC Slashes Jobs, Posts Aug Stats Posted: 09 Sep 2011 10:15 AM PDT Private mortgage insurer, MGIC Investment Corp. (MTG) recently announced 19 layoffs at its Milwaukee headquarters, including five positions associated with the company's eMagic and Myers Internet units. |
Xerox Enhances Digital Portfolio Posted: 09 Sep 2011 10:15 AM PDT Xerox Corporation (NYSE:XRX) recently unveiled two new additions to its digital print portfolio, namely Xerox Color 550/560 Printer and Xerox 770 Digital Color Press. Xerox Color 550/560 Printer will increase productivity and color print quality of the products, thereby adding new dimensions to the print providers' businesses. |
European Markets Close Lower; Dax Down 4.04% Posted: 09 Sep 2011 10:05 AM PDT Forexpros – European stocks were down after the closing bell on Friday. At the close of European trade, Germany's DAX fell 4.04%, London's FTSE 100 shed 2.35%, France's CAC 40 declined 3.60% and the EURO STOXX 50 was down 4.15%. Meanwhile, on Wall Street, equity markets were down after the open. The Dow Jones Industrial Average was down 2.72%; the S&P 500 index shed 2.61%, while the Nasdaq 100 index declined … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – USD/JPY Falls In Early U.S. Trade Posted: 09 Sep 2011 09:52 AM PDT Forexpros – |
Posted: 09 Sep 2011 09:36 AM PDT By Michael … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
DIRECTV Offers NFL To Lift Viewership Posted: 09 Sep 2011 09:35 AM PDT In a strategic decision, DIRECTV (NASDAQ:DTV), the largest satellite TV service provider in the U.S., has decided to stream its NFL (National Football League) Sunday Ticket TV package on the Internet. The company is trying to expand the viewership of football games by broadcasting it online. Subscribers can now watch NFL matches via Sony Corp.'s (NYSE:SNE) PlayStation 3 videogame console, laptops/PCs, and other high-end mobile devices such as Apple Inc.'s (NASDAQ:AAPL) iPhone. |
Euro Plummets To 6-month Low As Greece Default Nears Posted: 09 Sep 2011 09:27 AM PDT Fundamental Headlines |
St. Jude’s Genesis Wins CE Mark Posted: 09 Sep 2011 09:15 AM PDT Medical devices major St. Jude Medical (NYSE:STJ) has won the European CE Mark approval for its Genesis neurostimulation system designed for peripheral nerve stimulation ("PNS") of the occipital nerve (spinal nerve) for managing pain and disability associated with chronic migraine, a condition afflicting millions globally. |
Forex – EUR/USD Sinks On ECB Member Resignation Posted: 09 Sep 2011 09:13 AM PDT Forexpros – |
United Natural Reports In Line Posted: 09 Sep 2011 09:05 AM PDT United Natural Foods, Inc. (NASDAQ:UNFI) reported adjusted earnings of 43 cents per share in the fourth quarter of fiscal 2011, which were in line with the Zacks Consensus Estimate. However, it grew 7.5% year over year. |
Quest To Speak At Global Conference Posted: 09 Sep 2011 09:05 AM PDT Leading diagnostics player, Quest Diagnostics (NYSE:DGX) is scheduled to speak at the Morgan Stanley Global Healthcare Conference on September 13, 2011 in New York. The company is expected to talk about the various strategies it has adopted to strengthen itself over the long-term. |
Of Course Social Security Is A Ponzi Scheme, Everybody Knows That Posted: 09 Sep 2011 08:41 AM PDT As everyone in the press surely knows, a Ponzi scheme takes money from later payers or investors to pay earlier payers or investors rather than paying recipients money from their own contributions or earnings on those contributions. As everyone in the press also surely knows, that is the way Social Security has been working for years. Why, then, does most of the press ignore those simple facts and insist on treating a simple statement of them as an off-the-charts "attack "on Social … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Singapore Stock Market Update For Friday 09 September Posted: 09 Sep 2011 08:36 AM PDT Market closed lower, off 31.80 points with a volume of 1.3374 bln traded. We believe that market is now directionless and consolidating. Low of 2680.83 now serves as a support as well as 2735.87 which is the 2nd support level. We believe that market shall retest 2680.83 again. 2 cases of scenario : 1st case : Market retests 2680.83 and manages to break through but eventually reclaim 2700 psychological support. Consolidation set in before moving up slowly. 2nd case : Market retest 2680.83 but … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex Trading: EURUSD Tests Fibonacci Support At The 1.3662 Level. Care Warranted… Posted: 09 Sep 2011 08:35 AM PDT Weekend fear of a Greek default has the EURUSD trading at the days and lowest level since the end of February of this year. The 1.36623 level is the 61.8% of the 2011 range. THe 1.3674 level is trendline support. So far support has held. However, care should be in order. It is Friday. Weekend risk is unknown. Comments from official (Germany and Greece) are suggesting that an event out of Greece could happen (Germany says they have a plan, Greece denies a default – of course … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Statoil Resumes North Sea Venture Posted: 09 Sep 2011 08:35 AM PDT Norway based Statoil ASA (NYSE:STO) is planning to revive its North Sea venture with a £6 billion ($9.6 billion) investment. The project was shelved earlier this year due to the imposition of new tax legislations on North Sea oil production by the U.K. |
Alliant Moves Closer To Market Posted: 09 Sep 2011 08:35 AM PDT Defense and aerospace company Alliant Techsystems Inc. (NYSE:ATK) said it will move its corporate headquarters from Minnesota to Northern Virginia in order to better serve its federal customers and partners as well as expand its footprint. |
Forex Trading: USDJPY Falls On Safe Haven Flows Posted: 09 Sep 2011 08:27 AM PDT The USDJPY has fallen sharply over the last half hour of trading. Safe haven flows on EU bank concerns has sent traders into the JPY. THe price fell below trendline support at the 77.54 level. This is now resistance above. On the downside, a break below the 77.42 level sends the pair … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
US Stock Averages Slide On Euro Zone Jitters Posted: 09 Sep 2011 08:08 AM PDT 09/09/11 Wall Street opened lower amidst ongoing concerns over the Euro-zone. ECB’s Stark is stepping down over central bank’s bond-buying … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
CVS Caremark Remains At Neutral Posted: 09 Sep 2011 08:05 AM PDT Recently, we reiterated our Neutral recommendation on CVS Caremark Corporation (NYSE:CVS) with a target price of $38.00. |
Stark Resignation Creates Selling Spiral – Core Bonds Surge Posted: 09 Sep 2011 08:03 AM PDT Bond yields fell following the resignation of Bundesbanker Juergen Stark as the ECB's chief economist. He will leave at the end of the year and although personal reasons were cited, one familiar source said that he had disagreed with the ECB's bond purchase program. European share prices extended losses as the divisions between lawmakers and central bankers claims its first victim. Global risks are rising as are the tensions. On any other day a U.S. Presidential address delivering a $447 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex Trading: EURUSD Targets (continued). Posted: 09 Sep 2011 08:00 AM PDT A long time follower, Stephen Ward, also pointed out that the 1.3674 level is another downside target. This level is just above the 61.8% of the move up from the years low at the 1.2873 level to the years high at the 1.4939 level. That comes in at the 1.36623 level. Keep these targets in mind. There should be profit taking near the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Moving Can Have Negative Effect On Your FICO Credit Score Posted: 09 Sep 2011 08:00 AM PDT |
Wall Street Remembers 9/11 With Silence And Tears Posted: 09 Sep 2011 03:00 AM PDT 09/09/11 The NYSE remembers 9/11 with an emotional opening bell ceremony led by a moment of silence, a rousing rendition of “God Bless America”, & an opening bell led by the same party that opened the NYSE trading on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – EUR/USD Down During The European Session Posted: 09 Sep 2011 08:00 AM PDT Forexpros – The Euro was lower against the U.S. Dollar on Friday. EUR/USD was trading at 1.3713, down 1.21% at time of writing. The pair was likely to find support at 1.3698, today's low, and resistance at 1.4248, Tuesday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.82% to hit 0.8627 and EUR/JPY falling 0.91% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex Trading: GBPUSD At Key Trendline On The Daily Posted: 09 Sep 2011 07:52 AM PDT The GBPUSD is testing the trendline support at the 1.5905 level today (see daily chart above). The price has moved below this level today. The first dip below was followed by a sharp move back higher as the market rejected the move (see chart below). Over the last few hours, the price has been consolidating around the level with the 38.2% of the last leg providing a ceiling at the 1.5916 level. A move that takes the price back above the 1.5916 level is needed to help confirm the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 09 Sep 2011 07:50 AM PDT Same-store sales at Bon-Ton Stores Inc. (NASDAQ:BONT) slipped 4.7% in the four-week period ended August 27, 2011 compared with a drop of 4.6% in the year-ago period. On a year-to-date basis, same-store sales fell 1.8% in August 2011. |
Forex – GBP/JPY Down In European Trading Hours Posted: 09 Sep 2011 07:40 AM PDT Forexpros – The British Pound was lower against the Japanese Yen on Friday. GBP/JPY was trading at 123.60, down 0.07% at time of writing. The pair was likely to find support at 123.07, Tuesday's low, and resistance at 125.05, Tuesday's high. Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.36% to hit 1.5900 and EUR/GBP falling 0.74% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 09 Sep 2011 07:35 AM PDT Technology solutions provider CA Technology (NASDAQ:CA) recently announced that it will provide technical assistance to VMware customers to ensure the smooth transition to VMware vSphere 5. Customers can ease their migration to VMware vSphere 5 by using CA Virtual Placement and Balancing, a new solution that helps consolidate virtual machines, hosts and clusters at lower upgrade costs and improves operating efficiency. |
Posted: 09 Sep 2011 07:35 AM PDT In an attempt to develop an advanced stacking technology, International Business Machines Corp. (IBM) recently entered into a partnership with Minnesota-based materials company 3M. Through this collaboration, IBM intends to develop a new material, which will help it to stack 100 or more chips together to build microprocessors that can be used for commercial purposes. |
Posted: 09 Sep 2011 07:26 AM PDT 1. The number of active Twitter members is now more than 100 million, almost double the number at the beginning of the year. 2.The number of Chinese billionaires had doubled in the last two years, from 130 in 2009 to 271 this year. China is now second only to the United States which boasts about 400 billionaires. What would Mao say? Let hundreds of Chinese billionaires … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex Trading: EURUSD Breaking Below The 1.3728 Support. Key Level For Traders Posted: 09 Sep 2011 07:13 AM PDT The EURUSD has moved lower on the back of ECBs Stark resignation. The move lower has pushed the price below a couple trendlines on the hourly chart at the 1.3728 area. This level will be key for traders. Right now the price has remained below it keeping the bearish bias. A move above should lead to some short covering. |
Dodd-Frank Act, Aka The 2010 Full Employment Act For Lawyers, Accountants, And Consultants Posted: 09 Sep 2011 07:07 AM PDT NEW YORK TIMES — “Call it Dodd-Frank Inc. A year after Congress passed the broadest financial overhaul since the Great Depression, the law has spawned a host of new businesses to help Wall Street comply — and capitalize — on the hundreds of new regulations. Besides the lawyers, there are legions of corporate accountants, financial consultants, risk management advisers, turnaround artists and technology vendors all vying for their cut.” "It is a full-employment act," said Gregory J. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Zacks Initiates Coverage Of Golden Phoenix Minerals Posted: 09 Sep 2011 06:55 AM PDT Steven Ralston, CFA Zacks has initiated coverage of Golden Phoenix Minerals (GPXM) with an Outperform rating. Golden Phoenix is a Nevada-based junior mineral exploration company that targets and acquires mineral properties, primarily gold, silver and molybdenum. Currently, the company is focused on multiple projects in the Americas, namely in Nevada, Peru, Ontario and most recently Panama. Management is opportunistic and is actively searching … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Roche And Evotec Sign Agreement Posted: 09 Sep 2011 06:55 AM PDT Roche Holdings Ltd. (RHHBY) recently announced that it has entered into a worldwide agreement with Evotec AG (EVTCY) for the development and commercialization of the latter's candidate EVT 302, which is being studied for the treatment of Alzheimer’s disease (AD). |
Pelangio Increases The Strike Length At Pokukrom East Again Posted: 09 Sep 2011 06:55 AM PDT Steven Ralston, CFA Pelangio Exploration (PX.V: TSX-V and PGXPF: OTCBB) announced two important discoveries on its Manfo property in Ghana. First, the strike length of the Pokukrom East bulk tonnage mineralization gold zone has been increased to 850 meters from 660 meters. Second, a new low-grade gold zone has been confirmed through the company's diamond core drilling program. Since it is between Nfante East and Nfante West, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 09 Sep 2011 06:55 AM PDT With nothing else on the economic calendar, the market will be focused on evaluating the president’s much-anticipated jobs speech Thursday evening. The day’s other speech, from Fed Chair Ben Bernanke, had turned out be somewhat of a disappointment relative to what the market was looking for. It appears now that whatever the Fed will be doing will be at its two-day meeting later this month. The president laid out quite an ambitious plan, at least in terms of its size. More than half of the $447 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 09 Sep 2011 06:55 AM PDT Smithfield Foods (NYSE:SFD) posted Q1 EPS of $0.69, surpassing the Zacks Consensus Estimate of $0.68 per share. Revenues for the quarter rose 6.6% year-over-year to $3.09 billion PerkinElmer, Inc. (NYSE:PKI) said it will acquire Caliper Life Sciences Inc. (NASDAQ:CALP) in a deal worth about $600 million. Following this development, shares of the genomic-detection tech maker advanced 41.14% to close at $10.43 Shares of retailer Casey's General … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Supervalu To Sell 107 Gas Stations Posted: 09 Sep 2011 06:55 AM PDT Supervalu Inc. (NYSE:SVU), one of the largest grocery chains in the United States, announced that it will sell 107 of the 134 gas stations in order to free up its cash. The company's cash has been under pressure, with revenues declining year-over-year in all of its last nine quarters. |
Barrick Gold Sells Pinson Stake Posted: 09 Sep 2011 06:55 AM PDT Canadian mining company Barrick Gold Corporation (NYSE:ABX) announced that it has sold its 70% interest in the Pinson Mine, located in Humboldt County, Nevada, to Atna Resources Ltd. for $15 million and 15 million common shares of Atna valued at about C$11.4 million. |
Posted: 09 Sep 2011 06:55 AM PDT Leading cleaning and sanitation products company Ecolab Inc (NYSE:ECL) is planning to buy back $1 billion worth of shares. The repurchase will be executed following the closure of the Minnesota-based company's acquisition of water treatment company Nalco Holding Company (NYSE:NLC). The $8 billion Nalco deal is expected to close in fourth-quarter 2011. |
Forex – NZD/USD Down During The European Session Posted: 09 Sep 2011 06:50 AM PDT Forexpros – The New Zealand Dollar was lower against the U.S. Dollar on Friday. NZD/USD was trading at 0.8246, down 0.75% at time of writing. The pair was likely to find support at 0.8206, Tuesday's low, and resistance at 0.8450, Monday's high. Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.28% to hit 1.2694 and EUR/NZD falling 0.31% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
AUD/JPY In Triple Top Action With 80.60, 80.20 In Sight Posted: 09 Sep 2011 06:37 AM PDT AUD/JPY Triple Top: When the market fails to break above a certain level, in this case the 82.40 level, it creates resistance. When there are clearly 3 attempts that failed, and a subsequent decline falls below some common support, we have a triple top. Essentially, this suggests the market has "topped" off, or leveled off after a rally, and signals a reversal. The AUD/JPY formed a triple top after falling below the 200SMA which was shared as support during this topping formation. |
Forex – EUR/CHF Down In European Trade Posted: 09 Sep 2011 06:25 AM PDT Forexpros – The Euro was lower against the Swiss Franc on Friday. EUR/CHF was trading at 1.2144, down 0.08% at time of writing. The pair was likely to find support at 1.1017, Monday's low, and resistance at 1.2188, today's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.83% to hit 1.3766 and EUR/JPY falling 0.45% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Will High Prices Help To Ration Soybean Supplies? Posted: 09 Sep 2011 06:18 AM PDT Friday, September 9, 2011 |
Posted: 09 Sep 2011 01:15 AM PDT 09/09/11 NYFP’s Morning Market Brief: President Obama introduces the American Jobs Act, Homeland Security warns of credible yet unconfirmed terrorist threat, Japan’s GDP growth shrinks, & Chinese inflation … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Greenback Nears Eight-week Peak Posted: 09 Sep 2011 06:12 AM PDT The dollar is challenging its highest level in eight weeks after the President delivered a difficult choice for lawmakers: Pass this bill or incur the wrath of an increasingly irritable middle-class America tired of watching the Washington circus put the economy at risk on account of personal self-interest. The bill was full of tax cuts that Republicans typically crave and Obama's pitch was pretty sweet as he told a packed house that the cost would come from future savings. Passage of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 09 Sep 2011 06:05 AM PDT Honeywell International Inc. (NYSE:HON) received a contract for its Ground Systems and Mission Operations (GSMO) services from NASA’s Goddard Space Flight Center (GSFC). The services will be used by the agency’s fleet of scientific research satellites under this five year contract. |
Mechel Announced Posiet Port Results Posted: 09 Sep 2011 06:05 AM PDT Russian coal miner and steelmaker Mechel OAO (NYSE:MTL) announced record coal transshipment results achieved by Trade Port Posiet OAO in August. |
Markets In Everything: Jakarta “Traffic Jockeys” Rent Themselves Out As Paid Passengers Posted: 09 Sep 2011 05:55 AM PDT PRI — “With 20 million vehicles on the streets each day, and with far less pavement than in big cities like New York, Singapore and Tokyo, traffic in Jakarta is terrible (see photo above). To reduce the number of cars on the road, lawmakers have designated several main arteries as what they call "Three in One zones." During the morning and afternoon rush, you can't drive there unless you have at least three people on board. That's why, near the entrances to the zones, men, women and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – USD/CAD Up In European Trading Hours Posted: 09 Sep 2011 05:50 AM PDT Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Friday after the release of Canadian data on Employment Change. USD/CAD was trading at 0.9924, up 0.30% at time of writing. The pair was likely to find support at 0.9830, Thursday's low, and resistance at 0.9965, Tuesday's high. Earlier in the day, official data showed that Canadian employment change fell unexpectedly to a seasonally adjusted -5.5K last month from 7.1K in the preceding month. Analysts had expected … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
ERJ-AEL Join Hands To Form Harpia Posted: 09 Sep 2011 05:30 AM PDT A unit of Embraer SA (NYSE:ERJ) recently broadcasted establishment of a joint venture company with AEL Sistemas, the Brazilian subsidiary of an Israeli defence firm Elbit Systems. |
Wells Fargo To Acquire LaCrosse Posted: 09 Sep 2011 05:30 AM PDT Earlier this week, Wells Fargo & Company (NYSE:WFC) announced its plan to acquire LaCrosse Global Fund Services from Cargill Inc. LaCrosse is an independent hedge-fund administration and middle-office service provider company of Cargill. The deal is subject to certain regulatory approval in several jurisdictions. |
Canadian Housing Starts Fall More-than-expected Posted: 09 Sep 2011 05:25 AM PDT Forexpros – Canadian housing starts fell more-than-expected last month, official data showed on Friday. In a report, Canadian Mortgage and Housing Corporation said that Canadian housing starts fell to a seasonally adjusted annual rate of 185K, from 205K in the preceding month. Analysts had expected Canadian housing starts to fall to 200K last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Loonie Slides As Canadian Economy Sheds Jobs In August Posted: 09 Sep 2011 05:20 AM PDT After a bank of Canada interest rate decision earlier in the week – which put the BOC a neutral to dovish stance – Canadian authorities put out a weak August jobs report. The economy shed jobs during the month and the unemployment rate rose. |
Forex – EUR/GBP Down During The European Session Posted: 09 Sep 2011 05:15 AM PDT Forexpros – The Euro was lower against the British Pound on Friday. EUR/GBP was trading at 0.8659, down 0.45% at time of writing. The pair was likely to find support at 0.8649, today's low, and resistance at 0.8842, Thursday's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.45% to hit 1.3818 and EUR/JPY falling 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
A Weak Euro Means A Weak CHF; Target Levels For EUR/USD, USD/CHF And GBP/CHF Posted: 09 Sep 2011 05:08 AM PDT After the SNB announced that it will defend EUR/CHF at 1.20, it has stayed above this level. The timing for the SNB could not have been better because the EUR has been falling, and continues to fall this week. With what is effectively a peg, the weakness in the EUR means weakness in the CHF, and we are seeing that in the markets. The EUR/USD held below 1.40, and is now at the 1.38 level heading into the Friday US session. The 1.3450-1.3460 area is the next support zone, and there is a good … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – USD/CAD Up On Economic Data Posted: 09 Sep 2011 04:15 AM PDT Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Friday after the release of Canadian data on Employment Change. USD/CAD was trading at 0.9932, up 0.39% at time of writing. The pair was likely to find support at 0.9830, Thursday's low, and resistance at 0.9965, Tuesday's high. Earlier in the day, official data showed that Canadian employment change fell unexpectedly to a seasonally adjusted -5.5K last month from 7.1K in the preceding month. Analysts had expected … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Canadian Employment Change Falls Unexpectedly Posted: 09 Sep 2011 04:10 AM PDT Forexpros – Canadian employment change fell unexpectedly last month, official data showed on Friday. In a report, Statistics Canada said that Canadian employment change fell to a seasonally adjusted -5.5K, from 7.1K in the preceding month. Analysts had expected Canadian employment change to rise 22.5K last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – USD/CHF Up During The European Session Posted: 09 Sep 2011 03:20 AM PDT Forexpros – The U.S. Dollar was higher against the Swiss Franc on Friday. USD/CHF was trading at 0.8796, up 0.46% at time of writing. The pair was likely to find support at 0.7822, Monday's low, and resistance at 0.8814, today's high. Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.46% to hit 1.3817 and USD/JPY rising 0.23% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – EUR/USD Down In European Trading Hours Posted: 09 Sep 2011 02:55 AM PDT Forexpros – The Euro was lower against the U.S. Dollar on Friday. EUR/USD was trading at 1.3807, down 0.53% at time of writing. The pair was likely to find support at 1.3805, today's low, and resistance at 1.4248, Tuesday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.40% to hit 0.8664 and EUR/JPY falling 0.32% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – USD/JPY Up In European Trade Posted: 09 Sep 2011 02:30 AM PDT Forexpros – The U.S. Dollar was higher against the Japanese Yen on Friday. USD/JPY was trading at 77.57, up 0.08% at time of writing. The pair was likely to find support at 76.69, Monday's low, and resistance at 77.73, Tuesday's high. Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.33% to hit 1.3836 and GBP/USD rising 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – GBP/USD Up On Economic Data Posted: 09 Sep 2011 01:55 AM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Friday after the release of U.K. data on PPI Input. GBP/USD was trading at 1.5978, up 0.13% at time of writing. The pair was likely to find support at 1.5914, Thursday's low, and resistance at 1.6202, Tuesday's high. Earlier in the day, official data showed that Producer price inflation input in the U.K. fell more-than-expected to a seasonally adjusted -1.9% last month from 0.6% in the preceding month. Analysts had … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
U.K. PPI Input Falls More-than-expected Posted: 09 Sep 2011 01:40 AM PDT Forexpros – Producer price inflation input in the U.K. fell more-than-expected last month, official data showed on Friday. In a report, National Statistics said that U.K. PPI input fell to a seasonally adjusted -1.9%, from 0.6% in the preceding month. Analysts had expected U.K. PPI input to fall -1.5% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Fitbug Secures Key New Deal With US Health Insurer Posted: 09 Sep 2011 01:20 AM PDT Fitbug (LON:FITB), the AIM-listed personal health and well-being business, has signed a Master Services Agreement (MSA) with the health services arm of one of the largest health insurers in the US, which through its businesses serves more than 60 million people. The deal is significant for Fitbug because it marks a major step forward in its key US market by giving it accreditation as a supplier. Fitbug's services include online health and wellness coaching with a device that allows users to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – GBP/USD Up During The European Session Posted: 09 Sep 2011 01:10 AM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Friday. GBP/USD was trading at 1.5960, up 0.02% at time of writing. The pair was likely to find support at 1.5914, Thursday's low, and resistance at 1.6202, Tuesday's high. Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.13% to hit 0.8687 and GBP/JPY rising 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – EUR/GBP Up During The European Session Posted: 09 Sep 2011 12:15 AM PDT Forexpros – The Euro was higher against the British Pound on Friday. EUR/GBP was trading at 0.8703, up 0.06% at time of writing. The pair was likely to find support at 0.8694, Thursday's low, and resistance at 0.8842, Thursday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.10% to hit 1.3895 and EUR/JPY rising 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Asian Markets Mixed At Close; Nikkei Down 0.63% Posted: 09 Sep 2011 12:10 AM PDT Forexpros – Asian stocks were mixed after the closing bell on Friday. At the close of Asian trade, Japan's Nikkei 225 index fell 0.63%, Australia's S&P/ASX 200 index gained 0.16%, while Hong Kong's Hang Seng Index was trading 0.05% up. Meanwhile, the outlook for U.S. equity markets was upbeat. Dow Jones Industrial Average futures indicated a gain of 0.40%, S&P 500 futures pointed to an increase of 0.43% and Nasdaq 100 futures indicated a rise of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Growth & Income Stock: The TJX Companies, Inc. Posted: 08 Sep 2011 11:05 PM PDT The TJX Companies, Inc. (NYSE:TJX) continues to deliver excellent sales and profit growth as the struggling U.S. consumer hunts for bargains at this off-price retailer. |
Bull Of The Day: Polo Ralph Lauren (RL) Posted: 08 Sep 2011 11:05 PM PDT Polo Ralph Lauren’s (NYSE:RL) first-quarter 2012 earnings of $1.90 per share beat the Zacks Consensus Estimate of $1.45 and surged 57% from the prior-year period, on the heels of strong top-line performance resulting from the company’s growth initiatives and improved margins. Moreover, robust quarterly performance prompted management to raise its revenue growth guidance for fiscal 2012. |
Posted: 08 Sep 2011 11:05 PM PDT Brazilian steelmaker Gerdau S.A.’s (NYSE:GGB) second quarter results were rather disappointing as the company’s EPS of $0.18 plummeted 38% year over year and lagged behind the Zacks Consensus by 14 cents. Results were plagued by higher raw material costs that have been persistently affecting the company’s financial health. |
Aggressive Growth Stock: Genesco, Inc. Posted: 08 Sep 2011 11:05 PM PDT Genesco Inc. (NYSE:GCO) has reported yet another earnings surprise since its original feature earlier this summer. The company raised its outlook and thanks to a weak market the valuations are attractive. |
Momentum Stock: Under Armour, Inc. Posted: 08 Sep 2011 11:05 PM PDT Under Armour, Inc. (NYSE:UA) has seen big gains over the last two weeks after rebounding sharply from a key, long-term trend line. That movement has been driven by strong fundamentals, with an average earnings surprise of 22% over the last four quarters and bullish growth projection supporting momentum for this Zacks #1 Rank stock. |
Forex – EUR/USD Up During The Asian Session Posted: 08 Sep 2011 10:55 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3891, up 0.07% at time of writing. The pair was likely to find support at 1.3873, Thursday's low, and resistance at 1.4248, Tuesday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.04% to hit 0.8702 and EUR/JPY rising 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – GBP/USD Up In Asian Trade Posted: 08 Sep 2011 10:25 PM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Friday. GBP/USD was trading at 1.5969, up 0.07% at time of writing. The pair was likely to find support at 1.5914, Thursday's low, and resistance at 1.6202, Tuesday's high. Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.06% to hit 0.8703 and GBP/JPY rising 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Two Cheers And One Jeer For The American Jobs Act Posted: 08 Sep 2011 08:31 PM PDT Two cheers for the President and his America's Jobs Act. Cheer Number One: In presenting it to a joint session of Congress, he sounded as passionate and determined as he's ever sounded. |
Forex – Dollar Weakens In Mid-day Asian Trade Posted: 08 Sep 2011 08:13 PM PDT Forexpros – |
Forex – USD/JPY Falls In Mid-day Asian Trade Posted: 08 Sep 2011 07:37 PM PDT Forexpros – |
Asian Stocks Mixed In Early Trade; Nikkei Eases 0.28% Posted: 08 Sep 2011 06:55 PM PDT Forexpros – |
Crude Oil Retreats In Early Asian Trade Posted: 08 Sep 2011 06:11 PM PDT Forexpros – |
Gold Futures Rise In Early Asian Trade Posted: 08 Sep 2011 05:31 PM PDT Forexpros – |
Posted: 08 Sep 2011 05:05 PM PDT Forexpros – Japanese gross domestic product fell in the last quarter, official data showed on Thursday. In a report, Cabinet Office said that Japan's GDP fell to a seasonally adjusted -0.5%, from -0.3% in the preceding quarter. Analysts had expected Japan's GDP to fall -0.5% in the last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – USD/JPY Up On Economic Data Posted: 08 Sep 2011 05:05 PM PDT Forexpros – The U.S. Dollar was higher against the Japanese Yen on Friday after the release of Japanese data on GDP. USD/JPY was trading at 77.56, up 0.07% at time of writing. The pair was likely to find support at 76.69, Monday's low, and resistance at 77.73, Tuesday's high. Earlier in the day, official data showed that Japanese gross domestic product fell to a seasonally adjusted -0.5% in the last quarter from -0.3% in the preceding quarter. Analysts had expected Japan's GDP to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – EUR/USD Edges Higher In Early Asian Trade Posted: 08 Sep 2011 04:44 PM PDT Forexpros – |
Forex – EUR/USD Up During The Asian Session Posted: 08 Sep 2011 04:10 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Thursday. EUR/USD was trading at 1.3909, up 0.20% at time of writing. The pair was likely to find support at 1.3873, today's low, and resistance at 1.4248, Tuesday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.07% to hit 0.8704 and EUR/JPY rising 0.21% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Google Acquires Zagat, In Effort To Expand Local Services Posted: 08 Sep 2011 03:57 PM PDT 09/08/11 Google paid an undisclosed sum for Zagat, the restaurant recommendation and ratings … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Another Disaster In The Making Posted: 08 Sep 2011 03:52 PM PDT In “Consumer Credit in U.S. Rose $12 Billion in July, Fed Says,” the San Francisco Chronicle details the latest report on what Americans are doing with other people’s money: Credit increased $12 billion after a revised $11.3 billion rise in June, the Federal Reserve said today in Washington. Economists projected a $6 billion gain, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – NZD/USD Up In Asian Trade Posted: 08 Sep 2011 03:36 PM PDT Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Thursday. NZD/USD was trading at 0.8334, up 0.29% at time of writing. The pair was likely to find support at 0.8206, Tuesday's low, and resistance at 0.8468, Monday's high. Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.15% to hit 1.2710 and EUR/NZD falling 0.17% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Cameron Revives Petrobras Deal Posted: 08 Sep 2011 03:35 PM PDT Oil drilling equipment maker Cameron International Corporation (NYSE:CAM) has announced that it has renewed and extended its CAMSERV aftermarket services contract with Petroleo Brasileiro S.A. or Petrobras (NYSE:PBR). The original deal was signed in 2007. |
Northrop Offers Advanced Sensors Posted: 08 Sep 2011 03:35 PM PDT Northrop Grumman Corporation (NYSE:NOC) has received a contract under which the company will upgrade the Department of Navy's Large Aircraft Infrared Countermeasures ("DoN LAIRCM") system by delivering Advanced Threat Warning ("ATW") sensors to the Navy. |
A Guide To Code Words In Presidential Speeches Posted: 08 Sep 2011 03:26 PM PDT From John Merline at IBD. Sample: 1. When he says: We need to put politics aside and pass the three pending trade bills. What he means is: I’ve been holding these bills up for more than two years, but I want to make it look like it’s the Republicans’ fault, and I know I can count on my lap dog media friends not to call me on this blatant falsehood. 2. When he says: We need to invest in clean energy jobs of the future. What he means is: Pay no attention to all those failed … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 08 Sep 2011 10:20 AM PDT 09/08/11 The G7 meeting of finance ministers kicks off in Marseille, France. A slew of data will be released in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Hot Option Plays: What’s Left For The Fed? Posted: 08 Sep 2011 03:17 PM PDT Cusick’s Corner |
Soft Sales, OfficeMax Cuts Outlook Posted: 08 Sep 2011 03:05 PM PDT Challenging macroeconomic conditions are making life tough for office supplies retailers such as OfficeMax Inc. (NYSE:OMX), Office Depot Inc. (NYSE:ODP) and Staples Inc. (NASDAQ:SPLS) who are grappling with soft demand for big-ticket items such as business machines and other durable products. |
Halliburton To Take Over Multi-Chem Posted: 08 Sep 2011 03:05 PM PDT Leading product and service provider for the energy industry, Halliburton (NYSE:HAL) announced plans to acquire San Angelo, Texas-based privately held oil field service company Multi-Chem Group LLC. The financial terms of the deal were not disclosed. |
Posted: 08 Sep 2011 03:05 PM PDT We reiterated our Neutral recommendation on Molina Healthcare Inc. (NYSE:MOH) based on the company's fundamental growth potential that is likely to have an adverse effect from the ongoing market volatility and other business risks. |
Posted: 08 Sep 2011 02:30 PM PDT Indonesia, a major importer of iron ore for Vale S.A (VALE), has announced its intention to impose a tax or quota on mineral ore exports, ahead of a planned regulation to ban all exports of raw minerals by 2014. |
Posted: 08 Sep 2011 02:30 PM PDT Walgreen (NYSE:WAG) has reported a strong 7.8% year-over-year rise in August sales to $6.10 billion. Total front-end sales increased 6.8% with a 4.8% rise in comparable store front-end sales. The company noted that hurricane Irene had no significant impact on sales. |
Pepsi Ups Stake In Chinese Bottler Posted: 08 Sep 2011 02:30 PM PDT Pepsico Inc. (NYSE:PEP) has announced that it will invest 144 million yuan ($22.52 million) for increasing its ownership in its Chinese Bottling Operation– Shenzhen Pepsi, from existing 75% to 90%. Present 25% stakeholder Shen Shenbao Industrial Company has decided to shed 15% of its holding in Shezhen Pepsi, the Pepsi's subsidiary in China. |
Posted: 08 Sep 2011 02:30 PM PDT The Boeing Company (NYSE:BA) bullish on China's sustained economic growth, increasing personal wealth and ongoing market liberalization values the market for new commercial airplanes at $600 billion over the next 20 years. During this period Boeing estimates that China will require 5,000 new commercial airplanes. |
EW CEO To Speak At Global Conference Posted: 08 Sep 2011 02:05 PM PDT Edwards Lifesciences (NYSE:EW) is scheduled to speak at the Morgan Stanley Global Healthcare Conference in New York on September 13, 2011. The company's CEO, Michael A. Mussallem, will talk about the company at the conference. |
Irene Could Spoil Darden’s Party Posted: 08 Sep 2011 02:05 PM PDT Orlando, Florida-based Darden Restaurants Inc (NYSE:DRI) recently announced that Hurricane Irene will likely impact its first quarter 2012 earnings by 2 cents and same-store results at Red Lobster, Olive Garden and LongHorn Steakhouse restaurants by 20 to 30 basis points. |
Posted: 08 Sep 2011 02:05 PM PDT Regency Centers Corporation (NYSE:REG) recently announced that it has closed on the refinancing of its $600 million credit facility. The facility bears an interest at an annual rate of LIBOR plus 125 basis points and will expire in September 2015. Additionally, the company has an option to upsize the facility up to an additional $1 billion. |
Posted: 08 Sep 2011 02:05 PM PDT Same-store sales at Fred's Inc. (NASDAQ:FRED) climbed up 1.6% in the five-week period ended August 27, 2011, compared with an increase of 3.6% posted in the year-ago period. |
Dow Drops 119 Points As Investors Question Bernanke Address And Upcoming Obama Speech Posted: 08 Sep 2011 02:00 PM PDT 09/08/11 NYFP’s Closing Bell Market Monitor: The Dow Jones dropped 119 points as Fed Chairman Bernanke failed to provide a detailed support plan while uncertainty lingers concerning President Obama’s job speech to Congress … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – EUR/USD Down At The End Of U.S. Session Posted: 08 Sep 2011 01:55 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims. EUR/USD was trading at 1.3882, down 1.54% at time of writing. The pair was likely to find support at 1.3873, today's low, and resistance at 1.4248, Tuesday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 414K last week from 412K in the preceding week whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
PFE Tender Offer For Icagen Succeeds Posted: 08 Sep 2011 01:40 PM PDT Pfizer Inc. (NYSE:PFE) recently announced the successful completion of the initial cash tender offer for all outstanding shares of Icagen, Inc. (NASDAQ:ICGN). The tender offer period expired on September 2, 2011. |
CMS Offers Energy: Cheap & Green Posted: 08 Sep 2011 01:40 PM PDT Consumers Energy, the major subsidiary of CMS Energy Corporation (NYSE:CMS) is implementing its updated renewable energy plan with effect from September 2011. Consumers Energy is Michigan’s largest supplier of renewable energy. |
ProAssurance Finally Pays Dividend Posted: 08 Sep 2011 01:40 PM PDT Yesterday, ProAssurance Corporation (NYSE:PRA) announced the commencement of its cash dividend policy. For the first time since inception, the company will pay a quarterly dividend of 25 cents per share. Alongside, the company also declared that the first quarterly dividend will be paid on October 13, 2011 to shareholders on record as of September 29, 2011. |
Forex – USD/JPY Up Toward The End Of U.S. Session Posted: 08 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 Initial Jobless Claims. USD/JPY was trading at 77.53, up 0.37% at time of writing. The pair was likely to find support at 76.69, Monday's low, and resistance at 77.73, Tuesday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 414K last week from 412K in the preceding week whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Equinix In German Data Center Pact Posted: 08 Sep 2011 01:35 PM PDT Leading data center solutions provider Equinix Inc. (NASDAQ:EQIX) recently announced that its German data center has been selected by Frankfurt-based hosting and co-location services provider RTS Realtime Systems Group. Financial terms of the deal were not disclosed. |
Navistar Profits Fall, Misses Ests Posted: 08 Sep 2011 01:35 PM PDT Navistar International Corp. (NYSE:NAV) recorded a 43% fall in profit to $61 million or 79 cents per share in the third quarter of its fiscal year ended July 31, 2011 from $107 million or $1.44 per share in the comparable quarter a year ago. |
Posted: 08 Sep 2011 01:35 PM PDT On Tuesday, The Goldman Sachs Group Inc. (NYSE:GS) announced the sale of its 15-year bonds with a coupon rate of 5.9% and maturity value of $20 million. These notes have their maturity date on September 13, 2026 and Goldman will start the settlement from September 13, 2011. |
Posted: 08 Sep 2011 01:35 PM PDT San Francisco, California based premier international specialty retailer, Gap Inc. (NYSE:GPS), in its streak to further expand its global footprint, has recently opened its first ever Banana Republic store in Russia through its franchisee channel. Moreover, the company is going to open its first ever Gap store in Serbia on coming Friday, which will represent its 200th franchise store. |
Irene’s Impact On CSX Earnings Posted: 08 Sep 2011 01:35 PM PDT One of the leading railroads in the U.S., CSX Corporation (NYSE:CSX) has announced an estimated loss of $10 million to $15 million in its fiscal 2011 earnings due to the recent Hurricane Irene. |
Posted: 08 Sep 2011 01:35 PM PDT We maintain our long-term Neutral recommendation on Abercrombie & Fitch Co. (NYSE:ANF). Abercrombie is one of the leading specialty retailers of premium casual apparels in the U.S. The company has a strong portfolio of well-established brands, each of which is focused on the unique characteristics and rapidly changing preferences of its target customers. |
Forex – EUR/USD Down Toward The End Of U.S. Session Posted: 08 Sep 2011 01:25 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims. EUR/USD was trading at 1.3883, down 1.52% at time of writing. The pair was likely to find support at 1.3876, today's low, and resistance at 1.4248, Tuesday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 414K last week from 412K in the preceding week whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
U.S. Markets Close Lower; Dow Jones Down 1.04% Posted: 08 Sep 2011 01:15 PM PDT Forexpros – U.S. stocks were down after the closing bell on Thursday. At the close of U.S. trade, the Dow Jones Industrial Average fell 1.04%, the S&P 500 index shed 1.06%, while the Nasdaq 100 index declined 0.43%. Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 414K last week from 412K in the preceding week whose figure was revised up from 409K. Analysts had expected Initial Jobless Claims to fall to 405K last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Jacobs Wins Suncor Energy Contract Posted: 08 Sep 2011 01:01 PM PDT Jacobs Engineering Group Inc. (NYSE:JEC) has recently won a contract from Suncor Energy to provide support for sustaining works program as part of its Firebag Stage Three oil sands project near Fort McMurray, Canada. |
Quicksilver Seals 2 New Credit Facilities Posted: 08 Sep 2011 01:01 PM PDT Quicksilver Resources Inc. (NYSE:KWK) said it has closed two new senior secured revolving credit facilities, one each, for its U.S. and Canadian operations. The credit facilities are secured on a stand-alone basis by respective oil and gas reserves and related assets. |
Earnings Scorecard: Campbell Soup Posted: 08 Sep 2011 01:01 PM PDT Recently, worldwide manufacturer and marketer of high-quality, branded convenience food products, Campbell Soup Company (NYSE:CPB) announced its financial results for the fourth-quarter of 2011. Street analysts had nearly a week to ponder the news. In the subsequent paragraphs, we cover the recent earnings announcement, analysts’ estimate revisions as well as the Zacks Rank and long-term recommendation on the stock. |
Forex – GBP/USD Down During The U.S. Session Posted: 08 Sep 2011 12:55 PM PDT Forexpros – The British Pound was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims. GBP/USD was trading at 1.5967, down 0.15% at time of writing. The pair was likely to find support at 1.5914, today's low, and resistance at 1.6202, Tuesday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 414K last week from 412K in the preceding week whose figure was revised up … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Dover Sells A Pair Of Companies Posted: 08 Sep 2011 12:35 PM PDT Dover Corporation (NYSE:DOV) stated it has entered into an agreement to sell a couple of its operating companies belonging to the Industrial Products segment to International Equipment Solutions, LLC, an affiliate of KPS Capital Partners, LP. |
Forex – USD/CHF Up In U.S. Trading Hours Posted: 08 Sep 2011 12:30 PM PDT Forexpros – The U.S. Dollar was higher against the Swiss Franc on Thursday after the release of U.S. data on Initial Jobless Claims. USD/CHF was trading at 0.8742, up 1.97% at time of writing. The pair was likely to find support at 0.7822, Monday's low, and resistance at 0.8769, today's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 414K last week from 412K in the preceding week whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 08 Sep 2011 12:15 PM PDT Smithfield Foods Inc. (NYSE:SFD) posted adjusted earnings of 69 cents per share for the first quarter of fiscal 2012, which surpassed the Zacks Consensus Estimate of 68 cents by 1.47%. |
Forex – USD/CAD Up In U.S. Trade Posted: 08 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 Initial Jobless Claims. USD/CAD was trading at 0.9894, up 0.64% at time of writing. The pair was likely to find support at 0.9830, today's low, and resistance at 0.9965, Tuesday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 414K last week from 412K in the preceding week whose figure was revised up … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – EUR/USD Down In U.S. Trading Hours Posted: 08 Sep 2011 11:45 AM PDT Forexpros – The Euro was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims. EUR/USD was trading at 1.3902, down 1.39% at time of writing. The pair was likely to find support at 1.3876, today's low, and resistance at 1.4248, Tuesday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 414K last week from 412K in the preceding week whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Link To Livestream Of Lecture At Drake University, September 8, 7pm CDT Posted: 08 Sep 2011 11:27 AM PDT |
Risk Aversion Strengthens On Weak Jobless Claims Report Posted: 08 Sep 2011 11:00 AM PDT 09/08/11 An unexpected rise in initial jobless claims figures led the way for a continued decline in higher-yielding currencies as investors continue to seek out safer-haven … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Options Player May Profit If FedEx Delivers By October Expiration Posted: 08 Sep 2011 11:00 AM PDT Options player may profit if FedEx delivers by October expiration |
Crude Slightly Higher On Inventory Drop Posted: 08 Sep 2011 05:00 AM PDT 09/08/11 A decline in inventory figures according to the EIA has led the way for a slight rise in front month crude prices this … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
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