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- More Confident Homebuilders
- NGNM: Initiating Coverage With Outperform Rating
- SunPower Launches Solar Panels
- When Will Good News Come For Wheat Bulls?
- Forex Trading: EURUSD Banging On The 200 Hour MA Again
- Forex Trading: EURUSD Moves Back Higher…Tests Intraday Resistance
- MGM Offers “Hospitality” To India
- Northrop Wins 3 Air Force Orders
- Harley Profits Surge 96%
- Goldman Reports Losses, Rev Slides
- UnitedHealth Beats, Raises Guidance
- J&J Beats, Adjusts Outlook
- Coca Cola Beats Estimate
- Market With Plenty To Chew On
- Grubb & Ellis In Investment Pact
- Pretentious Philip Morris Faces Ire
- Earnings Preview: Plum Creek
- Earnings Preview: Nokia
- Earnings Preview: Wynn Resorts
- Mixed 3Q For IBM
- U.S. Rig Count Climbs To 2023
- ADP’s Acquisition Spree Continues
- SWK Beats Estimate, Lowers Guidance
- DDR To Redevelop Puerto Rico Malls
- First Horizon Lags Estimate
- Crude Steady Despite Weak Global Data
- Natural Gas Futures Fall Sharply On Ample U.S. Supply Outlook
- Forex – Dollar Mixed Vs. Rivals After U.S. PPI Data
- Forex – GBP/USD Down As Risk Aversion Escalates
- Crude Oil Futures Turn Higher In Choppy Trade
- Forex – EUR/USD Remains Lower Amid Euro Zone Fears
- Let’s End The Longest War In U.S. History; Support For Legalization Of Weed Is Now At All-Time High
- Wall Street Pares Losses On Mixed Data And Earnings
- Gold Futures Sharply Lower, Tumble To 7-day Low
- IBM Quick Lessons In Multiple Timeframes, Divergences, And Earnings
- U.S. Stocks Lower On Dim Outlook; Dow Jones Down 0.76%
- Forex – USD/CAD Steady As Sentiment Remains Brittle
- Cotton Slumps To 2-week Low On Improving Crop Conditions
- European Stocks Mixed Amid Debt Worries; DAX Up 0.04%
- Risk-Appetite Rebounds Slightly On Macro Growth Hopes
- Forex – EUR/JPY Trims Losses After U.S. Inflation Data
- Slowdown In Chinese GDP Turns Global Equities Negative
- Forex – Dollar Mixed Vs. Rivals As Euro Debt Woes Dominate
- U.S. TIC Long Term Purchases Rise More-than-expected
- Faroe Petroleum Declares New Oil Discovery In Norwegian North Sea
- Europeans Inspire Markets
| Posted: 18 Oct 2011 09:54 AM PDT The nation's home builders are more confident about conditions in their industry than at any time since the home buyer tax credit was in full swing. But that’s not saying too much. The National Association of Homebuilders Index rose four points to 18. That is the biggest gain and the highest level since April of 2010. It is important to put that gain in the proper context. This is a "magic 50″ index, so any reading below 50 indicates that more homebuilders see conditions as poor than good. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| NGNM: Initiating Coverage With Outperform Rating Posted: 18 Oct 2011 09:50 AM PDT NGNM: initiating coverage with Outperform rating NeoGenomics (NGNM) is a laboratory testing services provider specifically focused on high revenue, high complexity cancer genetics testing services. The Company operates a network of cancer-focused testing laboratories whose mission is to improve patient care through exceptional cancer genetic diagnostic, prognostic and predictive testing services. NeoGenomics' vision is to become America's premier cancer testing laboratory … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| SunPower Launches Solar Panels Posted: 18 Oct 2011 09:50 AM PDT A Silicon Valley-based manufacturer of high-efficiency solar cells, SunPower Corporation (SPWRA) has launched the SunPower E18 & E19 AC Solar Panel series, integrating industry-leading AC micro inverters with its high-efficiency solar panels.
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| When Will Good News Come For Wheat Bulls? Posted: 18 Oct 2011 09:34 AM PDT October 18, 2011
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| Forex Trading: EURUSD Banging On The 200 Hour MA Again Posted: 18 Oct 2011 09:33 AM PDT The EURUSD moved lower and tested the 200 hour MA at the 1.3654 level (low reached 1.3654). The inability to break below the level has profit taking buyers coming in once again with the 1.3681 level the next key target. A move above that level is needed to take some of the sting out of the selling today.
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| Forex Trading: EURUSD Moves Back Higher…Tests Intraday Resistance Posted: 18 Oct 2011 09:33 AM PDT The correction of today's range continues after testing the 200 hour MA and finding willing buyers. The price has since moved back above the 1.3682 level and will next test the 200 bar MA and highs from earlier today at the 1.3726 level. A break above that level is needed to push the price higher … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| MGM Offers “Hospitality” To India Posted: 18 Oct 2011 09:31 AM PDT MGM Hospitality, a wholly owned subsidiary of MGM Resorts International (NYSE:MGM) recently inked definitive agreements to develop and operate a Bellagio hotel, an MGM Grand hotel, and a Skylofts hotel in Maker Maxity, a mixed-use development complex in Mumbai, India.
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| Northrop Wins 3 Air Force Orders Posted: 18 Oct 2011 09:16 AM PDT Northrop Grumman Corporation (NYSE:NOC) was awarded three new task orders by the U.S. Air Force under an existing contract to support the A-10 Thunderbolt jets. Combined, the three Air Force contracts are worth $19 million.
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| Posted: 18 Oct 2011 09:01 AM PDT Harley-Davidson Inc. (NYSE:HOG) posted a 95.9% rise in profit to $183.6 million in the third quarter of the year from $93.7 million in the same quarter a year ago. On per share basis, profits rose to 78 cents from 40 cents, exceeding the Zacks Consensus Estimate by 4 cents. The increase in profit was attributable to higher shipment volume.
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| Goldman Reports Losses, Rev Slides Posted: 18 Oct 2011 09:01 AM PDT The Goldman Sachs Group Inc. (NYSE:GS) reported third-quarter 2011 loss per share of 84 cents, significantly below the earnings of $2.98 in the prior-year quarter and $1.85 in the prior quarter. However, the Zacks Consensus Estimate was a loss of 6 cents per share.
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| UnitedHealth Beats, Raises Guidance Posted: 18 Oct 2011 09:01 AM PDT UnitedHealth Group Inc. (NYSE:UNH) has kicked off the earnings today for the health insurance sector by reporting third quarter earnings of $1.17 per share, higher than the Zacks Consensus estimate of $1.12. Earnings also compared favorably with $1.14 reported in the prior-year quarter. The out-performance was driven by strong revenue growth from UnitedHealthcare, as well as from the Optum businesses, partially offset by higher medical cost.
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| Posted: 18 Oct 2011 09:01 AM PDT Johnson & Johnson (NYSE:JNJ) posted third quarter 2011 earnings (excluding special items) of $1.24 per share, three cents above the Zacks Consensus Estimate of $1.21 and 0.8% above the year-ago earnings of $1.23.
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| Posted: 18 Oct 2011 09:01 AM PDT The Coca Cola Company (NYSE:KO) reported operating earnings per share of $1.03 for the third-quarter 2011, ahead of the Zacks Consensus Estimate of $1.02 by a penny. It was also higher than the year-ago EPS by 12%.
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| Posted: 18 Oct 2011 09:01 AM PDT The market has plenty to chew on today, ranging from an orderly and controlled economic slowdown in China to a potential credit rating downgrade for France. The French news adds to Europe’s woes and comes a day after German leaders tried to dial back expectations for a comprehensive plan out of the weekend EU summit. If all of this wasn’t enough, the market has to size up a slew of earnings reports and the September wholesale inflation (PPI) reading. On the earnings front, I must say that the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Grubb & Ellis In Investment Pact Posted: 18 Oct 2011 09:01 AM PDT Grubb & Ellis Company (GBE) recently announced that it has entered into negotiations with a subsidiary of C-III Capital Partners LLC, which has partnered with an affiliate of Colony Capital LLC for an investment deal with the company.
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| Pretentious Philip Morris Faces Ire Posted: 18 Oct 2011 09:01 AM PDT In the recent development of the lawsuit filed against Philip Morris Inc. (NYSE:PM) in 2000, a lawmaker told the St. Louis jury that the tobacco giant had been misleading its customers as it fabricated its Marlboro Lights cigarettes to be safer than other existing cigarette brands. In this pretentious move, Philip Morris had intended to make the smokers consume larger number of cigarettes, and subsequently it faced the class action, or group case.
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| Posted: 18 Oct 2011 09:01 AM PDT Plum Creek Timber Company Inc. (PCL), a real estate investment trust (REIT), is scheduled to report its third quarter 2011 earnings on October 24, 2011, after the closing bell. The current Zacks Consensus Estimate for the third quarter is pegged at 30 cents per share, representing a year-over-year growth of 51.6%.
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| Posted: 18 Oct 2011 09:00 AM PDT Nokia Corporation (NYSE:NOK), the world's largest mobile phone maker, is slated to release its third quarter 2011 results on Thursday, October 20, before the opening bell. The current Zacks Consensus Estimate for the third quarter is pegged at a loss of one cent, representing an annualized negative growth of 107.48%.
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| Earnings Preview: Wynn Resorts Posted: 18 Oct 2011 09:00 AM PDT Wynn Resorts Limited (NASDAQ:WYNN), a leading developer, owner and operator of destination casino resorts, is slated to release its third quarter 2011 results on Wednesday, October 19, after market closes. The current Zacks Consensus Estimate for the third quarter is pegged at $1.18 per share, representing an annualized growth of 202.6%.
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| Posted: 18 Oct 2011 09:00 AM PDT International Business Machines Corp. (IBM) reported mixed third quarter 2011 results with earnings per share (EPS) surpassing the Zacks Consensus Estimate by 6 cents (2.0%) but revenues falling shy of the estimate of $26.24 billion. IBM shares declined $7.44 (3.99%) in after hours trading.
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| Posted: 18 Oct 2011 09:00 AM PDT In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country) to its highest level since September 12, 2008. This can be primarily attributed to an increase in the tally of land rigs.
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| ADP’s Acquisition Spree Continues Posted: 18 Oct 2011 09:00 AM PDT Automatic Data Processing Inc. (ADP) recently announced the acquisition of privately held WALLACE for an undisclosed sum. This is ADP's third acquisition within a span of one month, after it bought privately held Asparity Decision Solutions in mid September and recruitment process outsourcing (RPO) provider The RightThing just a few days ago.
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| SWK Beats Estimate, Lowers Guidance Posted: 18 Oct 2011 09:00 AM PDT StanleyBlack & Decker (NYSE:SWK) reported its financial results for the third quarter of 2011 with earnings per share from continuing operations of $1.34, up from 97 cents reported in the year-ago comparable quarter. Earnings also surpassed the Zacks Consensus Estimate of $1.32.
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| DDR To Redevelop Puerto Rico Malls Posted: 18 Oct 2011 09:00 AM PDT DDR Corp. (NYSE:DDR), a real estate investment trust (REIT), has recently announced its plans to redevelop four shopping centers in Puerto Rico as part of its long-term strategy to follow a significant redevelopment program to fuel its growth engine. The projects will be funded with retained cash flow and recycled capital from the continued sale of non-core assets.
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| Posted: 18 Oct 2011 09:00 AM PDT First Horizon National Corp.'s (NYSE:FHN) third-quarter 2011 earnings of 12 cents per share came below the Zacks Consensus Estimate of 16 cents. However, results outpaced the prior quarter's earnings of 6 cents, significantly exceeding the prior-year quarter by 5 cents per share.
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| Crude Steady Despite Weak Global Data Posted: 18 Oct 2011 09:00 AM PDT 10/18/11 There was little change for front month crude prices this morning, trading only cents higher from yesterday’s close, this despite a slowdown Chinese GDP and German investor … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Natural Gas Futures Fall Sharply On Ample U.S. Supply Outlook Posted: 18 Oct 2011 08:58 AM PDT Forexpros – Natural gas futures were down heavily for the second consecutive day on Tuesday, as concerns that U.S. natural gas inventories were ample to meet the needs of even an unusually cold winter weighed on prices. On the New York Mercantile Exchange, natural gas futures for November delivery traded at USD3.587 per million British thermal units during U.S. morning trade, plunging 2.73%. It earlier fell by as much as 2.98% to trade at USD3.577 per million British thermal units, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – Dollar Mixed Vs. Rivals After U.S. PPI Data Posted: 18 Oct 2011 08:51 AM PDT Forexpros – The U.S. dollar was mixed against its major counterparts on Tuesday, as stronger-than-expected U.S. inflation data bolstered risk appetite but concerns over the debt crisis in the euro zone lingered. During U.S. morning trade, the greenback was up against the euro, with EUR/USD sliding 0.15% to hit 1.3715. Concerns over the financial crisis in the euro zone intensified after Moody's placed France's triple-A credit rating on review. Elsewhere, a report earlier showed that an … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – GBP/USD Down As Risk Aversion Escalates Posted: 18 Oct 2011 08:41 AM PDT Forexpros – The pound extended losses against the U.S. dollar on Tuesday, as a combination of concerns over the debt crisis in the euro zone and the outlook for the U.K. economy boosted demand for the dollar. GBP/USD hit 1.5632 during U.S. morning trade, the pair’s lowest since October 12; the pair subsequently consolidated at 1.5649, declining 0.58%. Cable was likely to find support at 1.5541, the low of October 12 and resistance at 1.5847, the high of October 17. Concerns over the debt … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Crude Oil Futures Turn Higher In Choppy Trade Posted: 18 Oct 2011 08:32 AM PDT Forexpros – Crude oil futures pulled back from a two-day low in choppy trade on Tuesday, erasing losses suffered in the wake of data showing China's economy grew at the slowest pace in two years in the third quarter. On the New York Mercantile Exchange, light, sweet crude futures for delivery in December traded at USD87.05 a barrel during U.S. morning trade, gaining 0.5%. It earlier fell by as much as 0.95% to trade at USD85.77 a barrel, the lowest price since October 14. Crude prices … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – EUR/USD Remains Lower Amid Euro Zone Fears Posted: 18 Oct 2011 08:11 AM PDT Forexpros – The euro remained weaker against the U.S. dollar on Tuesday, as growing doubts about finding a comprehensive solution to the euro zone debt crisis at an upcoming European Union summit weighed on risk appetite. EUR/USD hit 1.3653 during U.S. morning trade, the pair's lowest since October 12; the pair subsequently consolidated at 1.3688, shedding 0.33%. The pair was likely to find support at 1.3582, the low of October 12 and resistance at 1.3913, Monday's high and a one-month … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Let’s End The Longest War In U.S. History; Support For Legalization Of Weed Is Now At All-Time High Posted: 18 Oct 2011 08:06 AM PDT Canadian columnist Neil Reynolds writing in the Globe and Mail: “The American war on drugs – or, more generically, the global war on drugs – can't be won. The more intensely that governments wage it, the more certain is the defeat. This is because risk determines reward. More pressure on the supply of drugs means more risk and more profits. More profits mean more drugs and more violence. The proof is in the body count across Mexico, across Central and South America and, indeed, across … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Wall Street Pares Losses On Mixed Data And Earnings Posted: 18 Oct 2011 03:03 AM PDT 10/18/11 US stocks pared back earlier losses in a choppy session. NAHB housing market index surprised to the upside, while PPI gained more-than-expected. The financial sector traded … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Gold Futures Sharply Lower, Tumble To 7-day Low Posted: 18 Oct 2011 07:54 AM PDT Forexpros – Gold futures were down sharply on Tuesday, tumbling to the lowest level in seven days as mounting concerns over the global economic outlook prompted investors to sell their gold positions to raise liquidity. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at USD1,639.95 a troy ounce during U.S. morning trade, tumbling 2.19%. It earlier fell by as much as 2.75% to trade at USD1,628.35 a troy ounce, the lowest price since … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| IBM Quick Lessons In Multiple Timeframes, Divergences, And Earnings Posted: 18 Oct 2011 07:34 AM PDT Wow – if you missed the post-market action in IBM's earnings announcement, you missed a huge move that took so many traders by surprise.
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| U.S. Stocks Lower On Dim Outlook; Dow Jones Down 0.76% Posted: 18 Oct 2011 07:23 AM PDT Forexpros – U.S. stocks were lower on Tuesday, as sustained concerns over the handling of the financial crisis in the euro zone and downbeat earnings reports weighed on market sentiment. During early U.S. trade, the Dow Jones Industrial Average dropped 0.76%, the S&P 500 index fell 0.56%, while the Nasdaq Composite index declined 0.76%. Market sentiment weakened on Monday, after Germany’s finance minister Wolfgang Schaeuble said the upcoming European summit on October 23 would not … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – USD/CAD Steady As Sentiment Remains Brittle Posted: 18 Oct 2011 07:05 AM PDT Forexpros – The U.S. dollar was almost unchanged against its Canadian counterpart on Tuesday, as market sentiment remained fragile despite better-than-expected U.S. inflation data, as concerns over the euro zone debt crisis weighed. USD/CAD hit 1.0203 during early U.S. trade, the daily low; the pair subsequently consolidated at 1.0233, dipping 0.01%. The pair was likely to find support at 1.0132, the low of October 12 and resistance at 1.0327, the high of the same day. The U.S. Labor … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Cotton Slumps To 2-week Low On Improving Crop Conditions Posted: 18 Oct 2011 07:02 AM PDT Forexpros – Cotton futures were down for a second day on Tuesday, falling to a two-week low as improving U.S. crop conditions and concerns over a slowdown in demand from top consumer China weighed on prices. On the ICE Futures U.S. Exchange, cotton futures for December delivery traded at USD0.9968 a pound during European afternoon trade, shedding 0.68%. It earlier fell by as much as 0.73% to trade at USD0.9962 a pound, the lowest price since October 4. The U.S. Department of Agriculture … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| European Stocks Mixed Amid Debt Worries; DAX Up 0.04% Posted: 18 Oct 2011 06:50 AM PDT Forexpros – European stock markets were mixed on Tuesday, modestly trimming earlier losses as dim prospects in the euro zone continued to weigh on market sentiment. During European afternoon trade, the EURO STOXX 50 fell 0.82%, France's CAC 40 tumbled 1.33%, while Germany's DAX 30 eased up 0.04%. Investor confidence weakened after the ZEW Centre for Economic Research said that its index of German economic sentiment fell to its lowest level since November 2008, falling to minus 48.3 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Risk-Appetite Rebounds Slightly On Macro Growth Hopes Posted: 18 Oct 2011 06:33 AM PDT Fundamental Headlines
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| Forex – EUR/JPY Trims Losses After U.S. Inflation Data Posted: 18 Oct 2011 06:29 AM PDT Forexpros – The euro trimmed losses against the yen on Tuesday, as risk aversion waned after official data showed that U.S. producer price inflation rose more-than-expected in September to record the largest increase in five months. EUR/JPY pulled back from 104.78, the pair's lowest since October 12, to hit 105.22 during European afternoon trade, still down 0.24% over the day. The pair was likely to find support at 104.18, the low of October 12 and resistance at 106.56, the high of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Slowdown In Chinese GDP Turns Global Equities Negative Posted: 18 Oct 2011 01:15 AM PDT 10/18/11 NYFP’s Morning Market Brief: Global equities were in the red this morning on weak global data that saw a slowdown in Chinese GDP & German investor confidence hitting a 3-year low. Boeing also loses orders & France’s credit rating … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – Dollar Mixed Vs. Rivals As Euro Debt Woes Dominate Posted: 18 Oct 2011 06:08 AM PDT Forexpros – The U.S. dollar was mixed against its major counterparts on Tuesday, as safe haven demand was supported by ongoing concerns over the financial crisis in the euro zone. During European afternoon trade, the greenback was up against the euro, with EUR/USD shedding 0.18% to hit 1.3713. Concerns over the financial crisis in the euro zone intensified after Moody's placed France's triple-A credit rating on review. Elsewhere, a report earlier showed that an index of German economic … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| U.S. TIC Long Term Purchases Rise More-than-expected Posted: 18 Oct 2011 06:07 AM PDT Forexpros – U.S. Treasury International Capital purchases rose significantly more-than-expected in August, official data showed on Tuesday. In a report, the U.S. Department of the Treasury said that net foreign purchases of long-term securities totaled USD57.9 billion in August, significantly above expectations of USD27.8 billion. The previous month's figure was revised down to USD9.1 billion from a previously reported USD9.5 billion. Net purchases by private foreign investors were … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Faroe Petroleum Declares New Oil Discovery In Norwegian North Sea Posted: 18 Oct 2011 01:12 AM PDT Oil and gas group Faroe Petroleum (LON:FPM) has reported a new oil discovery in well 8/10-4S on the Butch prospect in the Norwegian North Sea. Faroe holds a 15% stake in the Centrica (LON:CNA) operated licence and the discovery marks the company's sixth success from eight exploration wells drilled since 2009. The joint venture partners have agreed to immediately press ahead with a down-dip side-track well to appraise for additional volumes of oil further down on the large salt-induced … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 17 Oct 2011 09:23 PM PDT By ForexMansion.com
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