DailyMarkets.com - EnCana Finds Colorado Asset Buyer
DailyMarkets.com - EnCana Finds Colorado Asset Buyer |
- EnCana Finds Colorado Asset Buyer
- Earnings Preview: Safeway
- Alcoa Falters In A Fragile Economy
- Earnings Preview: JPMorgan
- Host Hotels Reports Mixed Results
- Varian Books Sizeable Order
- Forex Trading: EURUSD Remains Supported. Eying The 50% Retracement At The 1.38465 Level
- Forex Trading: EURUSD 1.3830 Also Key Level Above
- Positive Data On Forest Candidate
- Unilife Wins Supply Contract
- Zumiez Sustains Momentum
- Fresenius Provides Flu Vaccine
- America Movil Launches Telmex Bid
- Moody’s Upgrades BorgWarner
- IBM To Acquire Platform Computing
- Forex – USD/JPY Up During The U.S. Session
- ADTRAN Gains On Record Sales
- AngioDynamics Reaffirmed Neutral
- “Good Reason For Gains…bit Of A Money Flood In Europe”
- Synopsys Captures Extreme DA
- Medicines Co. Settles With Teva
- National Bank Of Kazakhstan Holds Refinancing Rate At 7.50%
- European Markets Close Higher; Dax Up 2.21%
- Euro Rally Continues, Hits 1-month High Against Dollar And Yen
- Forex – GBP/USD Up In U.S. Trade
- AT&T Offers More Androids, Tops Goal
- FDA Warning For Bristol-Myers Drug
- Earnings Scorecard: Costco
- Nike Sets Sales Target
- Forex Trading: EURUSD Marches Higher By Slovak Vote And Technical Buying
- SNWV: More Insight Into Why DermaPACE Works
- Stock Market News Briefs: AMR, Arris Group Inc, BigBand Networks, First Solar, 99 Cents Only Stores, Newmont Mining Corporation (Holding Company), Netflix, Nucor, Cia Vale Do Rio Doce, Raymond James Financial, Sally Beauty Holdings, Valero Energy, Wausau-Mosinee Paper Corporation
- AutoNation Remains Neutral
- Market In Wait & See Mode
- Earnings Scorecard: Costco
- PepsiCo Beats, Maintains Outlook
- LTC Buys Healthcare Assets
- Forex – EUR/USD Up At The End Of European Session
- Forex – EUR/USD Up Toward The End Of European Session
- Crude Steady Near $86 As Global Recession Fears Clash With EFSF Expansion Vote Optimism
- Forex – USD/JPY Up Toward The End Of European Session
- Forex – GBP/USD Up Toward The End Of European Session
- Wall Street Higher On EFSF Hopes
- Forex – GBP/JPY Up During The European Session
- INTRADE ODDS: Romney Surges, Perry Tanks
- Forex – EUR/USD Up During The European Session
- Forex – NZD/USD Up During The European Session
- Reckless Government Policies, Not Private Greed Caused The Housing Bubble And Financial Crisis
- Commodity Currencies Surge On Hopes For Euro-zone Debt Crisis Plan
- Newt Gingrich Talks Sense On Cents
- Forex – USD/CAD Down During The European Session
- Focus Returns To Slovakia As Round Two Of EFSF Expansion Voting Awaits
- Desire Petroleum Given New Chance In The Falklands With Rockhopper Farm-in
EnCana Finds Colorado Asset Buyer Posted: 12 Oct 2011 12:10 PM PDT EnCana Corporation (NYSE:ECA) will sell some of its midstream assets in Colorado to privately held Summit Midstream Partners LLC. The divestiture deal will fetch EnCana $590 million. |
Posted: 12 Oct 2011 11:55 AM PDT Safeway (NYSE:SWY), a leading food and drug retailer in North America, is scheduled to report its third quarter 2011 results on Thursday, October 13. The current Zacks Consensus Estimate for revenues and earnings per share the quarter are $9.8 billion and 35 cents, respectively. Safeway has exceeded the expectations in all the past four quarters. The company has delivered an average positive earnings surprise of 7.13% over the past four quarters, implying that it has beaten the Zacks Consensus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Alcoa Falters In A Fragile Economy Posted: 12 Oct 2011 11:50 AM PDT Alcoa Inc. (NYSE:AA) reported adjusted earnings per share of 15 cents per share, missing the Zacks Consensus Estimate of 22 cents per share. Adjusted earnings more than doubled from 6 cents per share reported in the year-ago quarter, but were 46.4% lower than the sequential quarter earnings of 28 cents per share due to lower metal prices, seasonal factors and weakness in Europe. |
Posted: 12 Oct 2011 11:50 AM PDT JPMorgan Chase & Co. (NYSE:JPM) is scheduled to report its third quarter 2011 results before the market opens on Thursday, October 13. The Zacks Consensus Estimate for the quarter is 98 cents per share, representing a year-over-year slump of about 3%. Unlike before, we do not expect JPMorgan to outperform as the sector was fraught with poor revenue figures, weak loan demand and low liquidity throughout the quarter. Weak trading and retail performances along with volatile equity markets may … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Host Hotels Reports Mixed Results Posted: 12 Oct 2011 11:50 AM PDT Host Hotels (NYSE:HST) reported third quarter 2011 FFO (funds from operations) of $112 million or 16 cents per share, compared with $75 million or 11 cents in the year-earlier quarter. Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income. The third quarter 2011 FFO missed the Zacks Consensus Estimate by a penny. |
Posted: 12 Oct 2011 11:50 AM PDT Leading oncology and X-Ray products company, Varian Medical Systems (NYSE:VAR) recently announced that it has booked an $88 million order to supply its ProBeam system to the Scripps Proton Therapy Center (being setup in San Diego under an agreement between Scripps Health, Scripps Clinic Medical Group and Advanced Particle Therapy of Nevada). |
Forex Trading: EURUSD Remains Supported. Eying The 50% Retracement At The 1.38465 Level Posted: 12 Oct 2011 11:32 AM PDT The EURUSD remains above the 100bar MA on the 5 minute chart which is currently at the 1.3789. level. The high has reached 1.3832. The highs prior to the last modest move higher were at 1.3814/16. The break above led to the high at 1.3832 but the price is currently back at the old high level. |
Forex Trading: EURUSD 1.3830 Also Key Level Above Posted: 12 Oct 2011 11:31 AM PDT We know about the 50% retracement target on the daily chart at the 1.3846 level (see prior post). Another key fibonacci retracement level comes in against the 38.2% of the move down from the 2011 high reached in May to the low reached in early October. That level comes in at the 1.38304 level. The high for the day has come in at the 1.3832 level today, in between the two key levels. |
Positive Data On Forest Candidate Posted: 12 Oct 2011 11:20 AM PDT Forest Laboratories, Inc. (NYSE:FRX) and Gedeon Richter plc recently presented positive top-line results on their antipsychotic candidate, cariprazine. Preliminary top-line results were presented from a phase III study that was conducted in patients with acute mania associated with bipolar I disorder. Results from the five-week multi-center, double-blind, placebo-controlled, parallel-group study showed that patients in the cariprazine arm experienced significant symptom improvement compared to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 12 Oct 2011 11:15 AM PDT Retractable syringes maker Unilife Corporation (UNIS) has clinched a two-year contract from Premier Purchasing Partners LP (the purchasing unit of Premier Inc) to supply its Unitract 1mL (milliliter) safety syringes. |
Posted: 12 Oct 2011 11:05 AM PDT Zumiez (NASDAQ:ZUMZ), a U.S. action sports retailer, reported comparable store sales for the five-week period ended October 1, 2011. Total net sales for the period increased by a sharp 18.3% to $52.9 million from $44.7 million reported in the five-week period ended October 2, 2010. |
Fresenius Provides Flu Vaccine Posted: 12 Oct 2011 11:05 AM PDT Fresenius Medical Care North America ("FMCNA"), the North American division of Fresenius Medical Care (NYSE:FMS), recently revealed that, from October 2011, it will offer its patients as well as clinical employees a yearly flu vaccine, as a precaution against both H1N1 and seasonal flu. |
America Movil Launches Telmex Bid Posted: 12 Oct 2011 11:05 AM PDT Mexican telecom giant America Movil (NYSE:AMX) has launched a bid offer of MXN$10.50 per share to acquire the entire ownership of its fixed-line operation Telefonos de Mexico SAB (NYSE:TMX), or Telmex. Last week, America Movil declared its plan to launch the bid in mid-November. However, it now expects the expiry of the bid offer on November 11, 2011. The company disclosed its plans to acquire Telmex back in August. This prompted one of the major stakeholders, AT&T Inc. (NYSE:T) to sell its 8.5% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 12 Oct 2011 10:50 AM PDT Moody's Investors Service, the credit rating agency of Moody’s Corporation (NYSE:MCO), has upgraded the credit rating of BorgWarner Inc. (NYSE:BWA) stating that the company's growth could surpass the industry growth given its competitive product offerings and focus on fuel economy improvements. |
IBM To Acquire Platform Computing Posted: 12 Oct 2011 10:50 AM PDT In a bid to strengthen its computing services portfolio, IBM Corp. (NYSE:IBM) has agreed to acquire Platform Computing, a cluster and grid management software development company for distributed computing environments. The financial terms of the deal, which is scheduled to close in the fourth quarter of 2011, were not disclosed. |
Forex – USD/JPY Up During The U.S. Session Posted: 12 Oct 2011 10:45 AM PDT Forexpros – The U.S. Dollar was higher against the Japanese Yen on Wednesday. USD/JPY was trading at 77.37, up 0.94% at time of writing. The pair was likely to find support at 76.32, today's low, and resistance at 77.49, today's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 1.29% to hit 1.3817 and GBP/USD rising 1.21% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 12 Oct 2011 10:35 AM PDT ADTRAN Inc.'s (NASDAQ:ADTN) third quarter 2011 earnings of 56 cents per share were level with the Zacks Consensus Estimate and above 50 cents earned a year ago. Strong sales backed the year-over-year improvement. |
AngioDynamics Reaffirmed Neutral Posted: 12 Oct 2011 10:30 AM PDT We retain our Neutral recommendation for therapeutic and diagnostic devices maker AngioDynamics (NASDAQ:ANGO). Its first-quarter fiscal 2012 adjusted earnings of 8 cents a share matched the Zacks Consensus Estimate. Revenues rose 6% year over year to $54.4 million, but missed the Zacks Consensus Estimate. |
“Good Reason For Gains…bit Of A Money Flood In Europe” Posted: 12 Oct 2011 10:26 AM PDT 10/12/11 Meridian Equity Partners’ Stephen Guilfoyle weighs in on today’s advance in equity markets and the latest mixed earnings … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 12 Oct 2011 10:25 AM PDT Synopsys Inc. (NASDAQ:SNPS) recently completed the acquisition of privately held electronic design automation (EDA) company, Extreme DA. Financial terms of the deal were not disclosed. |
Medicines Co. Settles With Teva Posted: 12 Oct 2011 10:25 AM PDT The Medicines Company (NASDAQ:MDCO) recently entered into an agreement with generic player Teva Pharmaceuticals (NASDAQ:TEVA) regarding generic versions of The Medicines Company's lead product, Angiomax. Angiomax (bivalirudin), which was acquired from Biogen Idec, Inc. (NASDAQ:BIIB) in 1996, is used as an anticoagulant in patients undergoing coronary angioplasty. Angiomax is the company's lead product, accounting for 99.8% of total revenues in 2010. Teva admitted that the two patents challenged by it … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
National Bank Of Kazakhstan Holds Refinancing Rate At 7.50% Posted: 12 Oct 2011 10:19 AM PDT The National Bank of Kazakhstan held its key refinancing rate unchanged at 7.50% as inflationary pressures ease somewhat. NBK Chairman, Grigori Marchenko, said that the central bank will not revise its 2011 inflation target of 6-8%, after the “lower-than-expected” inflation reading in September. The Market does not expect any interest rate changes in the near term. Kazakhstan’s central bank last increased the interest rate in March this year by 50 basis points to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
European Markets Close Higher; Dax Up 2.21% Posted: 12 Oct 2011 10:05 AM PDT Forexpros – European stocks were up after the closing bell on Wednesday. At the close of European trade, Germany's DAX rose 2.21%, London's FTSE 100 gained 0.85%, France's CAC 40 climbed 2.42% and the EURO STOXX 50 was up 2.43%. Meanwhile, on Wall Street, equity markets were up after the open. The Dow Jones Industrial Average was up 1.55%; the S&P 500 index gained 1.92%, while the Nasdaq 100 index climbed … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Euro Rally Continues, Hits 1-month High Against Dollar And Yen Posted: 12 Oct 2011 10:00 AM PDT 10/12/11 The euro rally continued this afternoonm touching 1-month hihs against both the dollar and yen, as investor optimism continues to grow that Slovakia will vote in favor of expanding the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – GBP/USD Up In U.S. Trade Posted: 12 Oct 2011 10:00 AM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Wednesday. GBP/USD was trading at 1.5762, up 1.19% at time of writing. The pair was likely to find support at 1.5424, Friday's low, and resistance at 1.5798, today's high. Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.09% to hit 0.8764 and GBP/JPY rising 2.15% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
AT&T Offers More Androids, Tops Goal Posted: 12 Oct 2011 09:55 AM PDT AT&T Inc. (NYSE:T) introduced five new smartphones based on Google Inc.’s (NASDAQ:GOOG) Android operating system. |
FDA Warning For Bristol-Myers Drug Posted: 12 Oct 2011 09:55 AM PDT The US Food and Drug Administration (FDA) recently issued a warning regarding the safety of Bristol-Myers Squibb Company's (NYSE:BMY) leukemia drug Sprycel. Sprycel is indicated for treating certain adults suffering from Philadelphia chromosome-positive chronic myeloid leukemia (CML) or acute lymphoblastic leukemia (ALL). The drug, which has treated approximately 32,882 patients since launch, blocks the action of an abnormal protein that causes tumor growth. The US regulatory body stated that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 12 Oct 2011 09:50 AM PDT Costco Wholesale Corporation (NASDAQ:COST), a leading U.S. warehouse club operator, recently posted fourth-quarter 2011 results. Street analysts have had nearly a week to ponder the news. In the subsequent paragraphs, we will cover the recent earnings announcement, subsequent analysts' estimate revisions as well as the Zacks Rank and long-term recommendation on the stock. Earnings Report Review Costco's quarterly earnings of $1.08 per share missed the Zacks Consensus Estimate by a penny, but … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 12 Oct 2011 09:40 AM PDT As per a Reuters report, Nike Inc. (NYSE:NKE) has set an annual sales target of $4 billion from China by fiscal 2015. To attain this lofty aim, the company hopes to bring about a reform in the exercise and sporting habits of Chinese citizens. The company CFO mentioned that China, with its large population, is tuned into sports without actively participating in it. The company had reported annual sales of $2.1 billion in China in the last fiscal year while the first quarter 2012 booked Chinese … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex Trading: EURUSD Marches Higher By Slovak Vote And Technical Buying Posted: 12 Oct 2011 09:33 AM PDT The EURUSD has been aided by Slovak opposition party agreement to approve the EFSF. Prior to that, firm technical buying (led by additional short covering) has led to another surge higher. The Slovak opposition leader Fico have announced there will be an early election (as a concession for the Yes vote on EFSF). That will take place in March of 2012. The ratification will occur by Friday at the latest according to the leader. |
SNWV: More Insight Into Why DermaPACE Works Posted: 12 Oct 2011 09:06 AM PDT Brian Marckx, CFA |
Posted: 12 Oct 2011 09:00 AM PDT Gold producer Newmont Mining's (NYSE:NEM) shares fell 1.27% to close at $64.44 after the company announced the name of Gary Goldberg as its new COO. Mr. Goldberg was earlier associated with Rio Tinto (NYSE:RIO) Share prices of discount retailer 99 Cents Only Stores (NYSE:NDN) increased 4.39% after the company agreed to be acquired for about $1.6 billion in cash Share prices of First Solar Inc (NASDAQ:FSLR) declined 6.47% after Raymond James … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 12 Oct 2011 09:00 AM PDT We have retained a Neutral recommendation on AutoNation, Inc. (NYSE:AN). We appreciate the company's optimal brand and market mix, which is pushing up new vehicle sales as the market revives. However, we are concerned about tough competition and rising interest rates faced by the company. |
Posted: 12 Oct 2011 09:00 AM PDT With nothing major on the economic calendar today, the market will likely repeat Tuesday’s performance and remain in a wait-and-see mode for the earnings season to unfold. We had a fairly disappointing start to this reporting cycle on Tuesday, but no one is reading too much into Alcoa’s (NYSE:AA) results. We have a handful of reports today, but it is still early-going on the earnings front. By the end of next week, we should have a good idea of how this season is unfolding. It is heartening to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 12 Oct 2011 09:00 AM PDT Costco Wholesale Corporation (NASDAQ:COST), one of the leading U.S. warehouse club operators, recently posted fourth-quarter 2011 results. Street analysts have had nearly a week to ponder the news. In the subsequent paragraphs, we will cover the recent earnings announcement, subsequent analysts' estimate revisions as well as the Zacks Rank and long-term recommendation on the stock. Earnings Report Review Costco's quarterly earnings of $1.08 per share missed the Zacks Consensus Estimate by a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
PepsiCo Beats, Maintains Outlook Posted: 12 Oct 2011 09:00 AM PDT Core earnings for PepsiCo Inc. (NYSE:PEP) climbed 7% in the third quarter to $1.31, compared to last year’s $1.22. The higher earnings were driven by robust revenue growth across its product portfolio. Further, strong pricing partially offset the commodity cost inflation. |
Posted: 12 Oct 2011 09:00 AM PDT LTC Properties Inc. (NYSE:LTC), a healthcare real estate investment trust (REIT), has recently acquired a 196-bed skilled nursing facility in Pasadena, Texas for $15.5 million. The acquisition was structured as a sale-lease back transaction, and the property was leased back to a third-party healthcare operator within its existing portfolio pursuant to a 10-year master lease agreement. In addition, LTC Properties purchased a vacant land parcel in Amarillo, Texas, for $844,000, where it intends to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – EUR/USD Up At The End Of European Session Posted: 12 Oct 2011 09:00 AM PDT Forexpros – The Euro was higher against the U.S. Dollar on Wednesday after the release of euro zone data on Industrial Production. EUR/USD was trading at 1.3804, up 1.20% at time of writing. The pair was likely to find support at 1.3361, Friday's low, and resistance at 1.3817, today's high. Earlier in the day, official data showed that Industrial production in the euro zone rose unexpectedly to a seasonally adjusted 1.2% last month from 1.1% in the preceding month whose figure was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – EUR/USD Up Toward The End Of European Session Posted: 12 Oct 2011 08:40 AM PDT Forexpros – The Euro was higher against the U.S. Dollar on Wednesday. EUR/USD was trading at 1.3801, up 1.18% at time of writing. The pair was likely to find support at 1.3361, Friday's low, and resistance at 1.3817, today's high. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.05% to hit 0.8752 and EUR/JPY rising 2.03% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Crude Steady Near $86 As Global Recession Fears Clash With EFSF Expansion Vote Optimism Posted: 12 Oct 2011 03:30 AM PDT 10/12/11 Front month crude prices were remained steady, remaining only slightly lower as investors juggled global economic recession fears with optimism concerning Slovakia’s EFSF expansion … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – USD/JPY Up Toward The End Of European Session Posted: 12 Oct 2011 08:20 AM PDT Forexpros – The U.S. Dollar was higher against the Japanese Yen on Wednesday. USD/JPY was trading at 77.32, up 0.88% at time of writing. The pair was likely to find support at 76.32, today's low, and resistance at 77.49, today's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 1.27% to hit 1.3813 and GBP/USD rising 1.27% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – GBP/USD Up Toward The End Of European Session Posted: 12 Oct 2011 08:00 AM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Wednesday after the release of U.K. data on Claimant Count Change. GBP/USD was trading at 1.5776, up 1.28% at time of writing. The pair was likely to find support at 1.5424, Friday's low, and resistance at 1.5798, today's high. Earlier in the day, official data showed that the U.K. claimant count change rose less-than-expected to a seasonally adjusted 17.5K last month from 19.1K in the preceding month whose figure was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Wall Street Higher On EFSF Hopes Posted: 12 Oct 2011 07:55 AM PDT 10/12/11 US stocks climbed higher as optimism that the Euro-zone would contain its debt woes. Earnings were mixed, with Alcoa and PepsiCo kicking off the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – GBP/JPY Up During The European Session Posted: 12 Oct 2011 07:40 AM PDT Forexpros – The British Pound was higher against the Japanese Yen on Wednesday after the release of U.K. data on Claimant Count Change. GBP/JPY was trading at 122.33, up 2.46% at time of writing. The pair was likely to find support at 118.27, Friday's low, and resistance at 122.36, today's high. Earlier in the day, official data showed that the U.K. claimant count change rose less-than-expected to a seasonally adjusted 17.5K last month from 19.1K in the preceding month whose figure was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
INTRADE ODDS: Romney Surges, Perry Tanks Posted: 12 Oct 2011 07:14 AM PDT Current Intrade Odds: 69.7% for Romney and 10.1% for Perry … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – EUR/USD Up During The European Session Posted: 12 Oct 2011 07:10 AM PDT Forexpros – The Euro was higher against the U.S. Dollar on Wednesday. EUR/USD was trading at 1.3783, up 1.05% at time of writing. The pair was likely to find support at 1.3361, Friday's low, and resistance at 1.3816, today's high. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.08% to hit 0.8749 and EUR/JPY rising 1.94% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – NZD/USD Up During The European Session Posted: 12 Oct 2011 06:50 AM PDT Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Wednesday. NZD/USD was trading at 0.7924, up 1.60% at time of writing. The pair was likely to find support at 0.7676, Friday's low, and resistance at 0.7966, today's high. Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.01% to hit 1.2762 and EUR/NZD falling 0.73% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Reckless Government Policies, Not Private Greed Caused The Housing Bubble And Financial Crisis Posted: 12 Oct 2011 06:48 AM PDT Peter Wallison of the American Enterprise Institute writing in today’s WSJ, explains that the Wall Street protesters have been grossly misled because it was “Reckless government policies, and not private greed, that brought about the housing bubble and resulting financial crisis.” Here’s an excerpt: “Beginning in 1992, the government required Fannie Mae and Freddie Mac to direct a substantial portion of their mortgage financing to borrowers who were at or below the median income in their … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Commodity Currencies Surge On Hopes For Euro-zone Debt Crisis Plan Posted: 12 Oct 2011 06:42 AM PDT Fundamental Headlines |
Newt Gingrich Talks Sense On Cents Posted: 12 Oct 2011 06:33 AM PDT Say what you want about Newt Gingrich but I would challenge anybody who thinks Newt is not an exceptionally intelligent individual. I am not here promoting Newt's candidacy for the Republican nomination. I am also not an apologist for Newt's past personal transgressions. |
Forex – USD/CAD Down During The European Session Posted: 12 Oct 2011 06:25 AM PDT Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Wednesday. USD/CAD was trading at 1.0164, down 1.32% at time of writing. The pair was likely to find support at 1.0144, today's low, and resistance at 1.0418, Friday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.88% to hit 1.3760 and GBP/USD rising 0.92% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Focus Returns To Slovakia As Round Two Of EFSF Expansion Voting Awaits Posted: 12 Oct 2011 01:15 AM PDT 10/12/11 NYFP’s Morning Market Brief: The global markets remain focused on Slovakia again as another vote is expected concerning the expansion of the EFSF. Also, EU industrial production surges and UK enemployment reaches 17-year … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Desire Petroleum Given New Chance In The Falklands With Rockhopper Farm-in Posted: 12 Oct 2011 01:53 AM PDT Shares in oil group Desire Petroleum (LON:DES) jumped this morning on news that Rockhopper (LON:RKH), its partner in the Falkland Islands, had agreed a farm-in deal that will see it drill a new well on Desire's acreage in the coming months. The move is a major boost for Desire, which has had no success from a series of wells in the North Falkland Basin since a drilling campaign began there in early 2010. With no cash for drilling and only the results of a new 3D seismic survey for comfort, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
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