DailyMarkets.com - CNO Financial Affirmed At Neutral

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• CNO Financial Affirmed At Neutral
• Onyx Seeks Myeloma Drug Approval
• Milestone For Cardica
• PPG Launches Wastewater Tablets
• Nike Remains Neutral
• Forex Trading: EURUSD Back Down To The 1.3244 Area And Finds Buyers.
• Forex – AUD/USD Down In U.S. Trade
• S&W Seed Affirming Revenue Target For 2012 Fiscal Year
• Fifth Third Stays Neutral
• AutoZone Authorizes Share Repurchase
• Slipping In Greece
• ArcelorMittal’s 3Q Forecast
• “Bernanke’s Speech: There Needs To Be Teamwork Between Fed And Government”
• Forex – USD/JPY Up During The U.S. Session
• OriginOil Develops Improved Process For Recovering Oil From Mixtures
• Lockheed Delivers First MC-130J
• Waters Reiterated At Neutral
• Lennar Sees Rialto Management Churn
• American Manufacturing Renaissance: Ford To “In-Source” 12,000 Jobs From Mexico And China
• European Markets Close Lower; Dax Down 2.98%
• Conceptus Grows With Essure
• Vale Pays Another $2B In Dividend
• Euro Pares Early Losses, Focus Remains On Fed
• CSC Settles Government Claim
• Chesapeake’s Utica Update
• Forex Trading: AUD/USD Drops To Key Support Target, Continued Bearish Bias
• Forex Trading: GBPUSD Reaches Upside Target At 1.5422
• Forex Trading: EURUSD Knocks Off Another Target At 1.32906 (61.8% Of The Weeks Range) But Rotates Back Down
• Forex Trading: EURUSD Holds 1.32496 Support And Moves Back To 1.3290 Resistance
• Momentum Stock: ONEOK Partners, L.P.
• Wolverine Outshines, Beats Estimate
• Kimberly-Clark’s Lobbying Costs Shrink
• Risk-Reward Balances Family Dollar
• Montpelier Upgraded To Neutral
• Mattel Remains Neutral
• Neutral On Molson Coors
• Drug Retailers Targeting Flu Season
• IGT’s SbX At Foxwoods
• Netflix Faces Latin American Heat
• Natural Gas Rebounds From 11-month Low On Cooler U.S. Weather
• Forex – Dollar Mixed Vs. Rivals After Bernanke Testimony
• Forex – GBP/USD Trims Losses After Bernanke Comments
• Gold Futures Retreat From 7-day High, Greece Fears Support
• Shameful Government Overreach: Civil Forfeiture
• European Stocks Down On Greece Worries; DAX Drops 2.39%
• Forex – EUR/USD Hits Daily High After Bernanke Remarks
• Wall Street Extends Losses, S&P In Bear Market Territory
• Crude Oil Pulls Back From 1-year Low On Bernanke Comments
• Is The S&P 500 On The Verge Of A Rally
• U.S. Stocks Drop On Greece Debt Woes; Dow Falls 1.13%
• Crude Slides Below $75 On European Debt Crisis Concerns
• The Media Should Stop Coddling Warren Buffett
• Putting The Jobs Cart Before The Growth Horse
• Strong Gains For Sept. Auto Sales, Especially Trucks
• Global Equity Sell-off Continues, Golman Lowers Global Growth Forecast, & Tech World Turns To Apple
• Ortac Resources Begins Exploration On Cejkov Licence In Eastern Slovakia
• Natural Gas Rebounds From 11-month Low On Cooler U.S. Weather
• GBP/USD Trims Losses After Bernanke Comments
• Forex – Dollar Mixed Vs. Rivals After Bernanke Testimony
• Gold Futures Retreat From 7-day High, Greece Fears Support
• EUR/USD Hits Daily High After Bernanke Remarks
• European Stocks Down On Greece Worries; DAX Drops 2.39%
• Crude Oil Pulls Back From 1-year Low On Bernanke Comments
• U.S. Stocks Drop On Greece Debt Woes; Dow Falls 1.13%
• U.S. Factory Orders Fall More-than-expected In August
• EUR/JPY Close To 10-year Low Amid Greece Fears

CNO Financial Affirmed At Neutral Posted: 04 Oct 2011 12:05 PM PDT We reiterate our Neutral recommendation on CNO Financial Group, Inc. (NYSE:CNO) on the back of strong operating performance in most of the business segments, which are offset by the pricing challenges in the long-term care business, lower revenues in the Bankers' Life segment and the ongoing market volatility. CNO Financial reported second-quarter net operating income of $57.5 million or 20 cents per share, slightly ahead of the Zacks Consensus Estimate of 18 cents. This also compares favorably … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Onyx Seeks Myeloma Drug Approval Posted: 04 Oct 2011 12:05 PM PDT Onyx Pharmaceuticals Inc. (NASDAQ:ONXX) recently announced that it has completed the submission of the rolling new drug application (NDA) to the US Food and Drug Administration (FDA) for its pipeline candidate, carfilzomib. The company is seeking approval of carfilzomib as a treatment for patients with relapsed and refractory multiple myeloma. Additionally, Onyx Pharma requested the regulatory body to review the application on a priority basis. We note that Onyx Pharma had initiated the submission … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Milestone For Cardica Posted: 04 Oct 2011 12:05 PM PDT Surgical devices maker Cardica (NASDAQ:CRDC) has reached the first milestone for its Microcutter product line under its distribution pact with Century Medical, a leading supplier of medical equipment in Japan. The Microcutter line of novel endoscopic stapling devices is geared for use in a variety of surgeries that require cutting and stapling. The agreement, which was inked recently, provides Century Medical with exclusive rights to distribute the Microcutter products in Japan. In exchange for the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

PPG Launches Wastewater Tablets Posted: 04 Oct 2011 11:35 AM PDT Specialty products company, PPG Industries Inc. (NYSE:PPG) announced the launch of its ACCU-TAB wastewater tablets in small-scale aerobic wastewater systems. As per the company, its ACCU-TAB wastewater tablets provide enhanced erosion control and reduced wicking to effectively kill bacteria, control algae and destroy organic contaminants in small-aerobic water treatment systems. The company stated that patented Accu-Tab calcium hypochlorite wastewater tablets are manufactured with HI-SIL (TM) … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Nike Remains Neutral Posted: 04 Oct 2011 11:35 AM PDT We have maintained our long-term Neutral recommendation on Nike Inc. (NYSE:NKE). Nike is the industry leader by a stretch in the U.S. footwear and athletic apparel industry. Furthermore, a strong portfolio of globally recognized brands, Cole Haan, Converse, Chuck Taylor, Hurley and Umbro provide a competitive advantage to the company and bolsters its dominant position in the market. Moreover, during the quarter under review, the company’s revenue grew by 18%, primarily driven by growth in every … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EURUSD Back Down To The 1.3244 Area And Finds Buyers. Posted: 04 Oct 2011 11:33 AM PDT The EURUSD has rotated back lower and tests the 1.3244 area. This level was where the EURUSD based back in January 2011 before surging to the upside. Further below is support at against the 50% low to high trading range and the 100 bar MA at the 1.3230 level (see chart). The stock market is back down 108 points currently and the action in the EURUSD is likely to hinge on the success or failure of stocks into the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Down In U.S. Trade Posted: 04 Oct 2011 11:15 AM PDT Forexpros – The Australian Dollar was lower against the U.S. Dollar on Tuesday. AUD/USD was trading at 0.9422, down 1.11% at time of writing. The pair was likely to find support at 0.9390, today's low, and resistance at 0.9878, Thursday's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 1.61% to hit 1.4053 and AUD/JPY falling 0.66% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

S&W Seed Affirming Revenue Target For 2012 Fiscal Year Posted: 04 Oct 2011 11:05 AM PDT S&W Seed Affirming revenue target for 2012 fiscal year. Ian Gilson, CFA PureCircle has announced the launch of a new flavor modifier, NSF-02, that works with stevia based sweeteners, Reb A and SG-95 as well as HFCS. SG-95 is a stevia rebaudiana based glycoside that is sold as a sweetener. It is a Diterpene glycoside whose structure was recently identified by scientists at the Coca-Cola labs in Atlanta GA.. In the first six months of 2011 there 15% more foods and beverages announced than … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Fifth Third Stays Neutral Posted: 04 Oct 2011 11:05 AM PDT We maintain our Neutral recommendation on Fifth Third Bancorp (NASDAQ:FITB) based on strong second-quarter 2011 results. The results outpaced the Zacks Consensus Estimate and were ahead of the prior-year quarter as well as prior quarter's earnings. In July, Fifth Third reported second-quarter 2011 earnings of 35 cents per share, surpassing the Zacks Consensus Estimate of 27 cents. Earnings beat the prior-year quarter figure by 19 cents per share and prior-quarter by 25 cents. Quarterly results at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AutoZone Authorizes Share Repurchase Posted: 04 Oct 2011 11:05 AM PDT AutoZone Inc. (NYSE:AZO) announced that its Board of Directors authorized the repurchase of $750 million of the company’s common stock in addition to its existing share repurchase program. The company's board last increased the share repurchase authorization by $500 million on June 14, 2011. This raised the cumulative share repurchase authorization from $9.9 billion to $10.4 billion. In the fourth quarter of its fiscal year, AutoZone repurchased 1.5 million shares of its common stock for $433 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Slipping In Greece Posted: 04 Oct 2011 11:05 AM PDT It now looks like the next installment ($8 billion Euros) of the rescue package for Greece will not be disbursed until mid-November. Greece is likely to run out of cash before that. The austerity measures that Greece has imposed are pushing the country deeper into recession. Greece's real GDP is likely to be down 5.5% and will continue to drop in 2012. This has caused tax collections (never very robust in Greece to begin with) to plunge, and its budget deficit is not getting any better. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ArcelorMittal’s 3Q Forecast Posted: 04 Oct 2011 11:05 AM PDT Steel giant ArcelorMittal (NYSE:MT) expects its core profit (EBITDA) in 2011 to be higher than in 2009 if the recession hits. It repeated its forecast for third-quarter 2011 core profit to be between $2.4 billion and $2.8 billion and for second-half 2011 earnings to be greater than a year earlier due to higher steel shipments and growth in iron ore and coal output. ArcelorMittal confirmed its mining output targets for 2011, with iron ore on track for 10% growth as the group begins shipments from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

“Bernanke’s Speech: There Needs To Be Teamwork Between Fed And Government” Posted: 04 Oct 2011 10:45 AM PDT 10/04/11 OnPoint Executions’ Bobby Heller weighs in on Bernanke’s testimony before the JEC, and the uncertainty surrounding the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Up During The U.S. Session Posted: 04 Oct 2011 10:45 AM PDT Forexpros – The U.S. Dollar was higher against the Japanese Yen on Tuesday. USD/JPY was trading at 76.86, up 0.32% at time of writing. The pair was likely to find support at 76.42, Thursday's low, and resistance at 77.27, Monday's high. Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.62% to hit 1.3258 and GBP/USD falling 0.28% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

OriginOil Develops Improved Process For Recovering Oil From Mixtures Posted: 04 Oct 2011 10:35 AM PDT OriginOil has developed an improved process for recovering oil from mixtures.     Ian Gilson, CFA The usual method for extracting oils from oil/water mixtures is to use an immiscible solvent such as hexane which is oil soluble and non-polar. However, some oil remains with the water especially if the oil has organic acid or hydroxyl groups. OriginOil has identified a naturally occurring product that has both polar and non-polar characteristics. In the case of  bio-oil from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Lockheed Delivers First MC-130J Posted: 04 Oct 2011 10:35 AM PDT Defense contractor Lockheed Martin Corporation (NYSE:LMT) delivered the first MC-130J Combat Shadow II to the United States Air Force’s Special Operations Command (AFSOC). The aircraft was flown from Lockheed Martin Aeronautics’ facility to Cannon Air Force Base, New Mexico. This aircraft is the first of a batch of 20 ordered from Lockheed. The Lockheed MC-130J is a versatile multimission tactical airlifter. It is capable of worldwide employment for missions requiring clandestine single or … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Waters Reiterated At Neutral Posted: 04 Oct 2011 10:35 AM PDT We recently maintained a Neutral recommendation on Milford, Massachusetts-based Waters Corporation (NYSE:WAT). Waters, an analytical instrument manufacturer, designs, manufactures, sells and services, through its Waters Division, high performance liquid chromatography, ultra performance liquid chromatography (LC) and mass spectrometry (MS) instrument systems and support products, including chromatography columns, other consumable products and comprehensive post-warranty service plans. Through its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Lennar Sees Rialto Management Churn Posted: 04 Oct 2011 10:35 AM PDT Lennar Corporation (NYSE:LEN) recently announced the appointment of Jay Mantz as the President of its wholly-owned subsidiary, Rialto Capital Management, LLC. Alongside, Lennar also appointed Bill Landis as the Chief Operating Officer at Rialto, who will be responsible for managing its Asset Management business. Both the new appointees will report to Rialto’s Chief Executive Officer, Jeff Krasnoff. Rialto Investments, Lennar's most recent venture, provides advisory services, due-diligence, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

American Manufacturing Renaissance: Ford To “In-Source” 12,000 Jobs From Mexico And China Posted: 04 Oct 2011 10:14 AM PDT Oct. 4 (Bloomberg) — “Ford Motor Co. said it has committed to add 12,000 hourly jobs in its U.S. manufacturing plants by 2015 as part of a four-year tentative agreement with the United Auto Workers. The figure includes 5,750 more UAW jobs than a previously announced 6,250 hourly positions to be added by the end of 2012, Executive Vice President John Fleming said at a news conference in Dearborn, Michigan. Ford will be "in-sourcing" jobs from Mexico, China and Japan, the company said in a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

European Markets Close Lower; Dax Down 2.98% Posted: 04 Oct 2011 10:05 AM PDT Forexpros – European stocks were down after the closing bell on Tuesday. At the close of European trade, Germany's DAX fell 2.98%, London's FTSE 100 shed 2.58%, France's CAC 40 declined 2.61% and the EURO STOXX 50 was down 2.21%. Meanwhile, on Wall Street, equity markets were mixed after the open. The Dow Jones Industrial Average was down 0.86%; the S&P 500 index shed 0.15%, while the Nasdaq 100 index climbed … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Conceptus Grows With Essure Posted: 04 Oct 2011 10:01 AM PDT Contraception device maker Conceptus Inc. (NASDAQ:CPTS) recently completed 10 years of receiving CE Mark approval for its Essure procedure. To celebrate the milestone, the company organized a symposium at a conference in Londonon September 23, 2011. Several studies were presented on the Essure procedure demonstrating medical experience from contributors across Europe.   Conceptus expects this endorsement to further boost the sale of the company's non-surgical permanent birth control … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Vale Pays Another $2B In Dividend Posted: 04 Oct 2011 10:01 AM PDT Mining giant Vale S.A. (VALE) is on track to return cash to shareholders via dividend payments and share buyback program. The company recently announced to have received approval of its Executive Board for the payment of the second installment of minimum dividend amounting to US$2 billion. The proposal will now be forwarded to the company's Board of Directors on October 14, 2011. The minimum dividend payment of US$4 billion, or US$0.766536226 per share for both common and preferred shares … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro Pares Early Losses, Focus Remains On Fed Posted: 04 Oct 2011 10:00 AM PDT 10/04/11 The euro rebounded from earlier losses this afternoon as investor focus returned to Ben Bernanke and his testimony to the JEC. Meanwhile, US factory orders disappointed by falling … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CSC Settles Government Claim Posted: 04 Oct 2011 09:36 AM PDT Virginia-based Computer Sciences Corp. (NYSE:CSC) announced that it has entered into a definitive settlement with the federal government in relation to a contract dispute. The case filed by Computer Sciences was pending with the Armed Services Board of Contract Appeals since November 2010. At that time, the government and Computer Sciences agreed to put their claims on hold and enter non-binding discussions to resolve the claims and other issues related to the contract. Per the settlement terms, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Chesapeake’s Utica Update Posted: 04 Oct 2011 09:36 AM PDT Chesapeake Energy Corp.'s (NYSE:CHK) test wells, drilled in the Utica Shale in eastern Ohio and western Pennsylvania, showed initial success. This prompted the company to invite partners for the development of the field. Given strong initial results from 4 of the 12 horizontal wells in the shale play, Chesapeake holds an optimistic view on the presence of hydrocarbons, such as oil and ethylene over the region. With the current net production of 3.45 billion cubic feet of natural gas equivalent … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: AUD/USD Drops To Key Support Target, Continued Bearish Bias Posted: 04 Oct 2011 09:33 AM PDT AUD/USD (daily chart) as of Tuesday (10/04/2011) has dropped down to a key support target in the 0.9400 price region after five consecutive bearish days that brought the pair plummeting down from its correction highs near parity (1.0000). This occurs within the context of an exceptionally steep downtrend that initiated from the 1.0760 high in the beginning of September. The fall from that high around a month ago broke down below a large rising wedge pattern, and then successive key support … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: GBPUSD Reaches Upside Target At 1.5422 Posted: 04 Oct 2011 09:33 AM PDT The trendline comes in at 1.5422. The close from the day yesterday was at 1.5430.   The high for the day is 1.5464.  All these levels are now targets on the upside – on a break of the 1.5422 trendline.  On the downside the 1.5391 level will be eyed as support. This level is the 100 bar MA on the 5 minute chart below and a high from earlier in the NY session.  Note the move higher also found resistance against the 200 bar MA on the 5 minute chart (green line)  So … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EURUSD Knocks Off Another Target At 1.32906 (61.8% Of The Weeks Range) But Rotates Back Down Posted: 04 Oct 2011 09:33 AM PDT The 1.32627 is the 50%  of the weeks range.  The 1.3226-34 level is a floor/ceiling and the now broken 38.2% of the weeks range.  Another key intraday level to watch would be the 38.2% of the surge higher today. That level comes in at the 1.32496 level.  Staying above this keeps the short term bulls in charge (whether from short covering or new dip buyers).  Watch 1.3250-62 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EURUSD Holds 1.32496 Support And Moves Back To 1.3290 Resistance Posted: 04 Oct 2011 09:33 AM PDT The 1.32496 level held support and the price is now up testing the 61.8% of the weeks trading range at the 1.3290. The high for the day is at 1.3299. Yesterday 1.3305-14 was a floor area before pushing lower in the NY trading day.  This should also be upside resistance if momentum above 1.3290 can be established. Looking at the hourly chart below, the 38.2% of the move down from the September 29th high comes in at the 1.33485.  This along with the weekend gap (from 1.3481 to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: ONEOK Partners, L.P. Posted: 04 Oct 2011 09:01 AM PDT   ONEOK PARTNERS (OKS): Free Stock Analysis … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wolverine Outshines, Beats Estimate Posted: 04 Oct 2011 09:01 AM PDT Wolverine World Wide Inc. (NYSE:WWW), one of the leading designers, manufacturers and marketers of branded footwear and apparel, recently posted strong third-quarter 2011 results that topped the Zacks expectation on the heels of double-digit growth witnessed across its top and bottom line. Buoyed by better-than-expected results the company raised its outlook for fiscal 2011. The company's multi-brand portfolio, multi-distribution channel strategy and higher prices remain its key growth … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Kimberly-Clark’s Lobbying Costs Shrink Posted: 04 Oct 2011 09:01 AM PDT Kimberly-Clark Corporation (NYSE:KMB) reported that it spent $50,000 during the second quarter 2011 on issues related to taxes and environment. Lobbying charges were same during the previous quarter but it shrunk 16.7% from $60,000 in the second quarter of 2010. According to the filing with the House clerk’s office on July 20, Kimberly-Clark lobbied the federal government and opposed proposals to increase the use of natural gas in transportation and power generation. The company also opposes the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Risk-Reward Balances Family Dollar Posted: 04 Oct 2011 09:01 AM PDT Family Dollar Stores Inc.'s (NYSE:FDO) strategic initiatives to improve merchandising, marketing, and store operations have resulted in sustained growth in the top and bottom lines. Management now expects a growth of 8% to 10% in net sales and an increase of 12.2% to 20.2% in earnings per share in fiscal 2012. We believe there is a tremendous opportunity to increase sales and gross margin through effective price management, cost containment, tighter inventory control, private label offering, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Montpelier Upgraded To Neutral Posted: 04 Oct 2011 09:01 AM PDT We are upgrading Montpelier Re Holdings Ltd. (NYSE:MRH) to Neutral from Underperform as the company is vending off Montpelier U.S. Insurance Company (MUSIC) to focus more on its short-tail reinsurance underwriting. Also, the divestiture will also help the company deploy capital for its Bermuda and London platforms. MUSIC will be divested to Selective Insurance Group Inc. (SIGI) for a total consideration of $55 million.  Counting on the other positives, Montpelier continues to benefit from its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Mattel Remains Neutral Posted: 04 Oct 2011 09:01 AM PDT We are maintaining our long-term Neutral recommendation on Mattel Inc. (MAT), the world's largest manufacturer of toys. Mattel's second quarter 2011 earnings were ahead of the Zacks Consensus Estimate. The company witnessed strong sales driven by the success of the film Cars 2, and the strong performance of its core brand Barbie and other girl brands resulting from the continued worldwide penetration of Monsters High and Disney Princesses. Sales from the release of the other movie … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Neutral On Molson Coors Posted: 04 Oct 2011 09:01 AM PDT We maintain our Neutral recommendation on Molson Coors Brewing Company (NYSE:TAP). Molson Coors boasts of a strong portfolio of well-established brands, which include Coors Light, Miller Lite, Coors Banquet, Miller Genuine Draft, MGD 64, Miller Chill, Sparks, etc. Furthermore, the company also distributes products under license from third parties, which include Heineken, Amstel Light, Murphy’s, Asahi, Asahi Select, Miller Lite, etc. Moreover, Molson Coors is undertaking restructuring initiatives … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Drug Retailers Targeting Flu Season Posted: 04 Oct 2011 09:01 AM PDT Drug retailers such as Walgreen (NYSE:WAG), Rite Aid Corp (NYSE:RAD) and CVS Caremark Corporation (NYSE:CVS) are gearing up to tackle this year's flu season. Along with recently announced fiscal results, Walgreen announced that based on a successful flu shot program, customers are coming to community pharmacist for broader healthcare services. However, at present, the incidence of flu is almost 15% below the previous year. Walgreen recently came up with findings from the first of a two-part Walgreens … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

IGT’s SbX At Foxwoods Posted: 04 Oct 2011 09:01 AM PDT A leader in designing, manufacturing and marketing games, International Game Technology (NYSE:IGT) recently announced its plan to install its sbX system at the Foxwoods Resort Casino in Mashantucket, Connecticut. Foxwood Resort Casino selected the sbX system because of its ability to work in conjunction with other gaming manufacturers’ systems. sbX is the first server-based gaming solution that allows its operators to run their own choice of games at any time and also facilitates better casino … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Netflix Faces Latin American Heat Posted: 04 Oct 2011 09:01 AM PDT Since Netflix Inc. (NASDAQ:NFLX) commenced its online streaming service in Latin America on September 5, 2011, the company has had to deal with the severe competition put up by peers such as Telefonica SA's TerraTV and Net Servicos de Comunicacao SA. Other players like Netmovies Entertainment and Net Servicos, which are operational in the Latin American countries, have also geared up with better content and service facilities to compete with Netflix. Additionally, European telecom giant Telefonica … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Natural Gas Rebounds From 11-month Low On Cooler U.S. Weather Posted: 04 Oct 2011 08:59 AM PDT Forexpros – Natural gas futures were up for the first time in four days on Tuesday, bouncing off an 11-month low amid expectations for a pick up in demand after weather forecasts showed colder-than-normal along the U.S. east coast. On the New York Mercantile Exchange, natural gas futures for November delivery traded at USD3.643 per million British thermal units during U.S. morning trade, climbing 0.73%. It earlier rose by as much as 0.95% to trade at a daily high of USD3.650 per million … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Dollar Mixed Vs. Rivals After Bernanke Testimony Posted: 04 Oct 2011 08:53 AM PDT Forexpros – The U.S. dollar was mixed against its major counterparts on Tuesday, after Federal Reserve Chairman Ben Bernanke said the central bank was prepared to take further steps to stimulate U.S. growth if necessary. During U.S. morning trade, the greenback was down against the euro, with EUR/USD rising 0.60% to hit 1.3255. In testimony to Congress's Joint Economic Committee in Washington, Bernanke said that the U.S. economic recovery has been far less robust that the Fed had hoped … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Trims Losses After Bernanke Comments Posted: 04 Oct 2011 08:37 AM PDT Forexpros – The pound trimmed losses against the U.S. dollar on Tuesday, after Federal Reserve Chairman Ben Bernanke gave a downbeat assessment of the U.S. economic outlook, but concerns over fresh easing measures from the Bank of England still weighed. GBP/USD pulled away from 1.5341, the pair's lowest since September 23, to hit 1.5382 during U.S. morning trade, still down 0.31% over the day. Cable was likely to find short-term support at 1.5330, the low of September 23 and a one-year … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Futures Retreat From 7-day High, Greece Fears Support Posted: 04 Oct 2011 08:32 AM PDT Forexpros – Gold futures turned sharply lower on Tuesday, as investors sold positions to lock in gains after gold prices rallied to a seven-day high, while steep declines in global equity markets also added to selling pressure. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at USD1,614.05 a troy ounce during U.S. morning trade, tumbling 2.63%. Gold prices rallied as much as 1.5% earlier as fears over an imminent Greek default remained … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Shameful Government Overreach: Civil Forfeiture Posted: 04 Oct 2011 08:30 AM PDT Imagine you own a million-dollar piece of property free and clear, but then the federal government and local law enforcement agents announce that they are going to take it from you, not compensate you one dime, and then use the money they get from selling your land to pad their budgets—all this even though you have never so much as been accused of a crime, let alone convicted of one. Find out more from the Institute for Justice here and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

European Stocks Down On Greece Worries; DAX Drops 2.39% Posted: 04 Oct 2011 08:26 AM PDT Forexpros – European stock markets remained lower for the third consecutive day on Tuesday, amid ongoing concerns over the impact of a potential Greek default on global economic growth. During late European afternoon trade, the EURO STOXX 50 fell 2.14%, France's CAC 40 dropped 2.56%, while Germany's DAX 30 posted a 2.39% decline. Earlier in the day, concerns over a default by Greece mounted after a decision on the country's next tranche of aid was delayed until mid-November, while … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Hits Daily High After Bernanke Remarks Posted: 04 Oct 2011 08:21 AM PDT Forexpros – The euro strengthened against the U.S. dollar on Tuesday, rising to the daily high after Federal Reserve Chairman Ben Bernanke said the central bank was ready to do more to help the U.S. economic recovery. EUR/USD hit 1.3300 during U.S. morning trade, the daily high; the pair subsequently consolidated at 1.3289, gaining 0.86%. The pair was likely to find support at 1.3144, the days low and an eight-and-a-half month low and resistance at 1.3380, Mondays high. In testimony to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wall Street Extends Losses, S&P In Bear Market Territory Posted: 04 Oct 2011 08:10 AM PDT 10/04/11 US stock averages followed European markets deeper into negative territory. The Nasdaq pared losses as Bernanke said Fed ready to provide a new lending … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil Pulls Back From 1-year Low On Bernanke Comments Posted: 04 Oct 2011 08:03 AM PDT Forexpros – Crude oil futures pared sharp losses on Tuesday, pulling back from the lowest level since September 2010 after Federal Reserve Chairman Ben Bernanke said the central bank is prepared to take further steps to support the U.S. economy. On the New York Mercantile Exchange, light, sweet crude futures for delivery in November traded at USD77.09 a barrel during U.S. morning trade, shedding 0.66%. It earlier tumbled by as much as 2.5% to trade at USD74.99 a barrel, the lowest price … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Is The S&P 500 On The Verge Of A Rally Posted: 04 Oct 2011 07:56 AM PDT Only 5 short months ago the S&P 500 was trading at the 2011 highs around the 1,370 price level on the S&P 500 Index. Since then, the price action has devastated investors and traders alike. As of the close on Monday, the S&P 500 had worked over 270 handles lower in 5 months. The price action since September 27th has been a bloodbath. It is true that the S&P 500 could be carving out a double bottom on the daily chart, but I am of the opinion that there may be more work to do to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Stocks Drop On Greece Debt Woes; Dow Falls 1.13% Posted: 04 Oct 2011 07:46 AM PDT Forexpros – U.S. stocks dropped on Tuesday, with S&P 500 entering bear market territory amid growing concerns over Greece debt contagion in the global banking sector. During early U.S. trade, the Dow Jones Industrial Average dropped 1.13%, the S&P 500 index shed 0.65%, while the Nasdaq Composite index slipped 0.05%. Risk sentiment was hit after Eurogroup finance ministers postponed a decision on Athens’ next EUR8 billion bailout package until mid-November, adding to concerns over a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Slides Below $75 On European Debt Crisis Concerns Posted: 04 Oct 2011 02:45 AM PDT 10/04/11 With Greece not eligible to receive its next tranche of loans until November the earliest, a rising sovreign debt crisis in the EU, and a stronger US dollar, front month crude prices continued their downtrend this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Media Should Stop Coddling Warren Buffett Posted: 04 Oct 2011 07:37 AM PDT I recently featured the video above of Bloomberg’s Betty Liu interviewing Warren Buffett, and Reason’s Ira Stoll writes about the interview in the article “Stop Coddling Warren Buffett”: “Ms. Liu deserves some credit for being a rare interviewer of Mr. Buffett who, rather than simply fawning, challenges him. Other journalists sought out by Mr. Buffett would do their profession and the country a favor by following suit. Some possible follow-ups for next time: "What's your justification for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Putting The Jobs Cart Before The Growth Horse Posted: 04 Oct 2011 07:15 AM PDT The idea that creating jobs will lead to growth and prosperity is a fallacy that is at the heart of our unemployment problems, according to venture capitalist Bill Frezza, who appeared on National Public Radio today. According to Bill Frezza, “It puts the cart before the horse. It's actually the other way around. Growth causes employment, employment doesn't cause growth.    The best way to think about that is to take every political statement that has the words "job … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Strong Gains For Sept. Auto Sales, Especially Trucks Posted: 04 Oct 2011 06:40 AM PDT U.S. car sales of 13.1 million units in September (on a seasonally adjusted annual rate, SAAR) were the highest monthly total since last April and showed strong gains of 8.1% from August and 10.8% compared to a year-ago, according to sales data released yesterday by Motor Intelligence. On a year-to-date basis, total light vehicle sales through September are up by 10.4% compared to last year, with especially strong gains of 12.2% for light trucks and 48.7% for midsize SUVs (source).  For … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Global Equity Sell-off Continues, Golman Lowers Global Growth Forecast, & Tech World Turns To Apple Posted: 04 Oct 2011 01:15 AM PDT 10/04/11 NYFP’s Morning Market Brief: The global equity slide has continued this morning as Greece funds are likely to be delayed while global growth forecasts have been lowered. Meanwhile, the tech world is focused on Apple and new iPhone … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Ortac Resources Begins Exploration On Cejkov Licence In Eastern Slovakia Posted: 04 Oct 2011 02:45 AM PDT Ortac Resources (LON:OTC), the AIM listed mineral exploration company working on projects in Europe, has kicked off exploration work at its prospective precious and base metals licences in south-eastern Slovakia. Ortac's initial focus in the region is on the Cejkov exploration licence, where exploration will seek to verify the geological interpretation of data collected to date and assess the resource potential of the licence. In total, Ortac holds nine licences in the region, spanning 200 sq … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Natural Gas Rebounds From 11-month Low On Cooler U.S. Weather Posted: 03 Oct 2011 10:03 PM PDT By ForexMansion.com Forexpros – Natural gas futures were up for the first time in four days on Tuesday, bouncing off an 11-month low amid expectations for a pick up in demand after weather forecasts showed colder-than-normal along the U.S. east coast. On the New York Mercantile Exchange, natural gas futures for November delivery traded at USD3.643 per million British thermal units during U.S. morning trade, climbing 0.73%. It earlier rose by as much as 0.95% to trade at a daily high of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GBP/USD Trims Losses After Bernanke Comments Posted: 03 Oct 2011 10:03 PM PDT By ForexMansion.com Forexpros – The pound trimmed losses against the U.S. dollar on Tuesday, after Federal Reserve Chairman Ben Bernanke gave a downbeat assessment of the U.S. economic outlook, but concerns over fresh easing measures from the Bank of England still weighed. GBP/USD pulled away from 1.5341, the pair's lowest since September 23, to hit 1.5382 during U.S. morning trade, still down 0.31% over the day. Cable was likely to find short-term support at 1.5330, the low of September 23 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Dollar Mixed Vs. Rivals After Bernanke Testimony Posted: 03 Oct 2011 10:03 PM PDT By ForexMansion.com Forexpros – The U.S. dollar was mixed against its major counterparts on Tuesday, after Federal Reserve Chairman Ben Bernanke said the central bank was prepared to take further steps to stimulate U.S. growth if necessary. During U.S. morning trade, the greenback was down against the euro, with EUR/USD rising 0.60% to hit 1.3255. In testimony to Congress's Joint Economic Committee in Washington, Bernanke said that the U.S. economic recovery has been far less robust that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Futures Retreat From 7-day High, Greece Fears Support Posted: 03 Oct 2011 10:03 PM PDT By ForexMansion.com Forexpros – Gold futures turned sharply lower on Tuesday, as investors sold positions to lock in gains after gold prices rallied to a seven-day high, while steep declines in global equity markets also added to selling pressure. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at USD1,614.05 a troy ounce during U.S. morning trade, tumbling 2.63%. Gold prices rallied as much as 1.5% earlier as fears over an imminent Greek … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EUR/USD Hits Daily High After Bernanke Remarks Posted: 03 Oct 2011 09:33 PM PDT By ForexMansion.com Forexpros – The euro strengthened against the U.S. dollar on Tuesday, rising to the daily high after Federal Reserve Chairman Ben Bernanke said the central bank was ready to do more to help the U.S. economic recovery. EUR/USD hit 1.3300 during U.S. morning trade, the daily high; the pair subsequently consolidated at 1.3289, gaining 0.86%. The pair was likely to find support at 1.3144, the days low and an eight-and-a-half month low and resistance at 1.3380, Mondays high. In … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

European Stocks Down On Greece Worries; DAX Drops 2.39% Posted: 03 Oct 2011 09:33 PM PDT By ForexMansion.com Forexpros – European stock markets remained lower for the third consecutive day on Tuesday, amid ongoing concerns over the impact of a potential Greek default on global economic growth. During late European afternoon trade, the EURO STOXX 50 fell 2.14%, France's CAC 40 dropped 2.56%, while Germany's DAX 30 posted a 2.39% decline. Earlier in the day, concerns over a default by Greece mounted after a decision on the country's next tranche of aid was delayed until … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil Pulls Back From 1-year Low On Bernanke Comments Posted: 03 Oct 2011 09:33 PM PDT By ForexMansion.com Forexpros – Crude oil futures pared sharp losses on Tuesday, pulling back from the lowest level since September 2010 after Federal Reserve Chairman Ben Bernanke said the central bank is prepared to take further steps to support the U.S. economy. On the New York Mercantile Exchange, light, sweet crude futures for delivery in November traded at USD77.09 a barrel during U.S. morning trade, shedding 0.66%. It earlier tumbled by as much as 2.5% to trade at USD74.99 a barrel, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Stocks Drop On Greece Debt Woes; Dow Falls 1.13% Posted: 03 Oct 2011 09:02 PM PDT By ForexMansion.com Forexpros – U.S. stocks dropped on Tuesday, with S&P 500 entering bear market territory amid growing concerns over Greece debt contagion in the global banking sector. During early U.S. trade, the Dow Jones Industrial Average dropped 1.13%, the S&P 500 index shed 0.65%, while the Nasdaq Composite index slipped 0.05%. Risk sentiment was hit after Eurogroup finance ministers postponed a decision on Athens' next EUR8 billion bailout package until mid-November, adding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Factory Orders Fall More-than-expected In August Posted: 03 Oct 2011 08:33 PM PDT By ForexMansion.com Forexpros – U.S. factory orders declined more-than-expected in August, official data showed on Tuesday. In a report, the U.S. Census Bureau said factory orders declined by a seasonally adjusted 0.2% in August, worse than the expected drop of 0.1%. The previous month's figure was revised down to a 2.1% gain from a previously reported 2.4% increase. Following the release of the data, the U.S. dollar was fractionally lower against the euro, with EUR/USD adding 0.06% to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EUR/JPY Close To 10-year Low Amid Greece Fears Posted: 03 Oct 2011 08:33 PM PDT By ForexMansion.com Forexpros – The euro was trading close to a ten-year low against the yen on Tuesday, as concerns over the potential implications of a Greek default continued to weigh on market sentiment. EUR/JPY hit 100.76 during early U.S. trade, the pair's lowest in a decade; the pair subsequently consolidated at 101.20, easing up 0.27%. The pair was likely to find support at 100.76, the day's low and resistance at 103.22, Monday's high. Fears over a Greek default mounted after … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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