DailyMarkets.com - CNO Financial Affirmed At Neutral |
- 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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).
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| 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
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| 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. 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
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| 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.
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| 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.
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| 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
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| 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.
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| “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
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| 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
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| 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. 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
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| 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.
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| Posted: 04 Oct 2011 10:35 AM PDT We recently maintained a Neutral recommendation on Milford, Massachusetts-based Waters Corporation (NYSE:WAT).
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| 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.
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| 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
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| 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
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| 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.
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| 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.
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| 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
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| 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.
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| 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.
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| 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
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| 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
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| 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. Watch 1.3250-62 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| 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
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| Momentum Stock: ONEOK Partners, L.P. Posted: 04 Oct 2011 09:01 AM PDT
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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
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| 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
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| 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
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| 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
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| 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
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| 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
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| 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
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| 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
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| 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
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| 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.
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| 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
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| 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
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| 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
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| 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
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| 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
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| 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
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| 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
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| Natural Gas Rebounds From 11-month Low On Cooler U.S. Weather Posted: 03 Oct 2011 10:03 PM PDT By ForexMansion.com
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| GBP/USD Trims Losses After Bernanke Comments Posted: 03 Oct 2011 10:03 PM PDT By ForexMansion.com
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| Forex – Dollar Mixed Vs. Rivals After Bernanke Testimony Posted: 03 Oct 2011 10:03 PM PDT By ForexMansion.com
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| Gold Futures Retreat From 7-day High, Greece Fears Support Posted: 03 Oct 2011 10:03 PM PDT By ForexMansion.com
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| EUR/USD Hits Daily High After Bernanke Remarks Posted: 03 Oct 2011 09:33 PM PDT By ForexMansion.com
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| European Stocks Down On Greece Worries; DAX Drops 2.39% Posted: 03 Oct 2011 09:33 PM PDT By ForexMansion.com
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| Crude Oil Pulls Back From 1-year Low On Bernanke Comments Posted: 03 Oct 2011 09:33 PM PDT By ForexMansion.com
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| U.S. Stocks Drop On Greece Debt Woes; Dow Falls 1.13% Posted: 03 Oct 2011 09:02 PM PDT By ForexMansion.com
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| U.S. Factory Orders Fall More-than-expected In August Posted: 03 Oct 2011 08:33 PM PDT By ForexMansion.com
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| EUR/JPY Close To 10-year Low Amid Greece Fears Posted: 03 Oct 2011 08:33 PM PDT By ForexMansion.com
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