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- Neutral On Research In Motion
- Forex Trading: EURUSD Ventures Above The 200 Hour MA At 1.3435
- Xerox Wins U.S Defense Contract
- Forex – AUD/USD Up In U.S. Trade
- MarkWest Downgraded To Neutral
- Bear Of The Day: Sara Lee Corp. (SLE)
- Growth & Income Stock: Banco De Chile
- Growth & Income Stock: Banco De Chile
- “Jobs Report…don’t Think There Will Be Any Surprises”
- Forex – USD/JPY Down During The U.S. Session
- Exxon Stays Neutral
- Weatherford Remains Neutral
- Continuing Claims Fall To 3.7M
- Williams Reveals 2012-13 Forecast
- Gilead’s Quad Gears Up For Filing
- More Adoption For Allscripts
- European Markets Close Higher; Dax Up 3.15%
- Euro Rebounds On ECB Comments
- Initial Jobless Claims Rise To 401K
- MEMC Remains Neutral
- Forex Trading: GBPUSD Update. Pair Joins The Upward Push
- Forex Trading: USDCHF Holds 100 Hour MA
- Forex Trading: EURUSD Maintaining Support Bids.
- CenturyLink Still Underperforms
- Lowe’s Weaves New Tag Line
- Europe, Canada, Aussie Approval By Year-End
- American Superconductor Energizing Korea
- Ecolab Retained At Neutral
- Historic Low: 30-Yr. Mortgage Rates Drop Below 4%
- Crude Oil Futures Hover Close To USD81 On ECB Liquidity Move
- Forex – Dollar Broadly Lower As Risk Appetite Recovers
- Teva Pharma Treads Acquisition Path
- Stifling The Truth Is Abuse Of Capitalism
- Bernanke Fails To Appease Bond Bulls
- Constellation Beats Estimate
- Sears Reiterated At Underperform
- Forex – GBP/USD Pares Losses, Tracking Euro Higher
- Gold Futures Edge Higher After ECB, BoE Measures
- Forex – EUR/USD Erases Losses On ECB Liquidity Move
- Wall Street Pares Losses At Open, Apple Turns Higher
- Crude Rises Above $80 On ECB Rate Decision And Comments
- Natural Gas Futures Slump To 1-year Low After U.S. Supply Data
- U.S. Stocks Rise On ECB Measures; Dow Jones Up 0.29%
- 1984 Apple’s Macintosh Commercial
- Global Markets Rally On EU Bank Recap Reports, ECB & BofE Keep Rates Steady, & Apple Founder Steve Jobs Passes Away
- Italy: Three Steps Down
- Steve Jobs Passes Away
| Posted: 06 Oct 2011 12:00 PM PDT Ever since Apple Inc.'s (NASDAQ:AAPL) iPhone hit the market, Research In Motion Ltd. (NASDAQ:RIMM) started losing its leadership position. For the last couple of years, the company failed to launch any device that could capture the market from iPhone or Android-based high-end smartphones.
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| Forex Trading: EURUSD Ventures Above The 200 Hour MA At 1.3435 Posted: 06 Oct 2011 11:38 AM PDT The EURUSD is now above the 200 hour MA at the 1.3435 level. The MA was tested on two separate bars earlier in the day and each time sellers emerged. Not this time. The next target becomes the 1.3474 level as the squeeze higher continues for the pair. This is the 61.8 of the move down from the September 29th high. The Dow is up 127 points (1.18%)
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| Xerox Wins U.S Defense Contract Posted: 06 Oct 2011 11:35 AM PDT Xerox Corporation (NYSE:XRX) recently bagged a five-year contract worth $103 million from the U.S Department of Defense.
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| Forex – AUD/USD Up In U.S. Trade Posted: 06 Oct 2011 11:15 AM PDT Forexpros – The Australian Dollar was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims. AUD/USD was trading at 0.9750, up 0.94% at time of writing. The pair was likely to find support at 0.9390, Tuesday's low, and resistance at 0.9756, today's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims rose less-than-expected to a seasonally adjusted 401K last week from 395K in the preceding week whose figure was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| MarkWest Downgraded To Neutral Posted: 06 Oct 2011 11:05 AM PDT We have downgraded pipeline operator MarkWest Energy Partners L.P. (NYSE:MWE) to Neutral from Outperform purely on valuation grounds, as we see limited near term price upside.
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| Bear Of The Day: Sara Lee Corp. (SLE) Posted: 06 Oct 2011 10:55 AM PDT We have downgraded the recommendation of Sara Lee Corp. (NYSE:SLE) to Underperform from Neutral as the company remains under tremendous inflationary pressure, further burdened by severe competition from several branded and private label products. Though the company is making efforts to combat its rising price of coffee and meat by raising prices, we believe that the company has to sacrifice volume in the process.
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| Growth & Income Stock: Banco De Chile Posted: 06 Oct 2011 10:55 AM PDT
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| Growth & Income Stock: Banco De Chile Posted: 06 Oct 2011 10:50 AM PDT
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| “Jobs Report…don’t Think There Will Be Any Surprises” Posted: 06 Oct 2011 10:47 AM PDT 10/06/11 Empire Executions’ Peter Costa discusses expectations for the September employment report and the relevance of technical levels in the current … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – USD/JPY Down During The U.S. Session Posted: 06 Oct 2011 10:45 AM PDT Forexpros – The U.S. Dollar was lower against the Japanese Yen on Thursday after the release of U.S. data on Initial Jobless Claims. USD/JPY was trading at 76.71, down 0.11% at time of writing. The pair was likely to find support at 76.52, Monday's low, and resistance at 77.27, Monday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims rose less-than-expected to a seasonally adjusted 401K last week from 395K in the preceding week whose figure was revised … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 06 Oct 2011 10:40 AM PDT We have maintained our Neutral recommendation for the world's largest publicly traded oil company, ExxonMobil Corporation (NYSE:XOM) for the long term. The oil giant's superior record of return on capital employed, excellent credit profile and access of significant unconventional resources were partially mitigated by its relatively low 2011 production growth target.
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| Posted: 06 Oct 2011 10:35 AM PDT We reiterate our long-term Neutral recommendation on Weatherford International Ltd. (NYSE:WFT), a leading oilfield services company with operations in North America, Latin America, Europe/West Africa/CIS, and Middle East/North Africa/Asia.
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| Continuing Claims Fall To 3.7M Posted: 06 Oct 2011 10:35 AM PDT The data on regular continuing claims was encouraging this week. Regular continuing claims for unemployment insurance fell by 52,000 to 3.700 million. The overall trend is in the right direction. They are down by 752,000 or 17.0% from a year ago. Regular claims are paid by the state governments, and run out after just 26 weeks. (Several states have lowered the number of weeks they are going to pay in the future recently. They have also been tightening up the eligibility standards.) The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Williams Reveals 2012-13 Forecast Posted: 06 Oct 2011 10:35 AM PDT The Williams Companies, Inc. (NYSE:WMB) disclosed plans to transform itself into a high-dividend, high-growth energy firm at its recent Analyst Day.
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| Gilead’s Quad Gears Up For Filing Posted: 06 Oct 2011 10:35 AM PDT Gilead Sciences, Inc (NASDAQ:GILD) is all set to file regulatory applications in the US for its much anticipated pipeline candidate, Quad, by the end of this year. The Quad pill is a combination of Gilead's pipeline candidate elvitegravir, cobicistat (GS 9350), and Truvada, Gilead's popular HIV medicine.
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| Posted: 06 Oct 2011 10:05 AM PDT Leading Electronic Health Record ("EHR") vendor, Allscripts Healthcare Solutions (NASDAQ:MDRX), recently reported that two multi-hospital healthcare systems, in Michigan and California, have chosen its solutions as part of the connectivity strategies for their communities. These strategies are meant to circumvent the data shortfalls frequently encountered by independent providers and hospitals treating the same patient.
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| European Markets Close Higher; Dax Up 3.15% Posted: 06 Oct 2011 10:05 AM PDT Forexpros – European stocks were up after the closing bell on Thursday. At the close of European trade, Germany's DAX rose 3.15%, London's FTSE 100 gained 3.71%, France's CAC 40 climbed 3.41% and the EURO STOXX 50 was up 3.18%. Earlier in the day, official data showed that U.S. Initial Jobless Claims rose less-than-expected to a seasonally adjusted 401K last week from 395K in the preceding week whose figure was revised up from 391K. Analysts had expected Initial Jobless Claims to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 06 Oct 2011 10:00 AM PDT 10/06/11 The euro rebounded this afternoon against its major counterparts after the ECB issued a statement that it will give European lenders emergency loans if … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Initial Jobless Claims Rise To 401K Posted: 06 Oct 2011 09:50 AM PDT Initial Claims for Unemployment Insurance rose by 6,000 last week to 401,000. This was slightly better than the expected level of 402,000. Last week's numbers were revised upwards by 4,000, so one could see it as a increase of 10,000. While the upward revision and the week-to-week rise are not what we want to see, it does show that last week's huge drop was not a fluke. Last week was the lowest level since the start of April. In the report, the Department of Labor did not point to any … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 06 Oct 2011 09:50 AM PDT We are maintaining our Neutral recommendation on MEMC Electronic Materials Inc. (NYSE:WFR) with a target price of $6.25. MEMC's strong segmental growth in its second quarter and momentum in its solar projects were shaken by the uncertainty in polysilicon pricing and overcapacity in the solar market.
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| Forex Trading: GBPUSD Update. Pair Joins The Upward Push Posted: 06 Oct 2011 09:36 AM PDT As per the prior post (click here) the GBPUSD had resistance at the 1.5340 level and then the 38.% of the days range. Each level was breached and the pair joined the push higher (and the dollar selling). The pair has stalled near the midpoint of the days range, the lows from yesterday and earlier today(at the 1.5391) and the 100 bar MA on the 5 minute chart … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex Trading: USDCHF Holds 100 Hour MA Posted: 06 Oct 2011 09:36 AM PDT The USDCHF fell with the dollar selling and found support at the 100 hour MA (blue line in the chart above at the 0.9178). Just above that level the trendline at 0.9192 was also broken. In the current hour, the price has been able to hold the old trendline support (at the 0.9193 level). This level is a key borderline for the pair. A break below the line, opens the downside for a potential break lower (with a break of the 100 hour and the 38.2% at 0.9161 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex Trading: EURUSD Maintaining Support Bids. Posted: 06 Oct 2011 09:36 AM PDT The 200 hour MA at the 1.3435 level keeps a lid on the EURUSD, but to move lower, levels have to be breached. The 1.3407 level, the 1.3397 level and the 1.33877 level are three levels which need to be breached in order for further downside momentum to develop. Shorts against the 1.3435 have good location, but shorts from below these levels are hoping for the squeeze to stop and the price to move down and give relief. The burden of proof is on the sellers to push it … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| CenturyLink Still Underperforms Posted: 06 Oct 2011 09:35 AM PDT We have a negative stance on CenturyLink Inc. (NYSE:CTL) for the long term, despite the expected synergies from the Embarq, Qwest and Savvis.
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| Posted: 06 Oct 2011 09:25 AM PDT The world's second largest home improvement retailer, Lowe's Companies Inc. (NYSE:LOW), replaced its old tag line "Let's Build Something Together" with a new one "Never Stop Improving", thereby reflecting the company's new brand strategy.
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| Europe, Canada, Aussie Approval By Year-End Posted: 06 Oct 2011 09:11 AM PDT Europe, Canada, Aussie Approval By Year-End This morning Verisante Technology (V.VRS, VRSEF) announced that it filed an application with Canadian regulatory authorities for marketing of the company’s Aura skin cancer detection device in Canada. Verisante also notes that they expect to have the final piece of their CE Mark (for sale of Aura in Europe) submission completed and filed this month. Once CE Marked, Australian regulatory approval should come in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| American Superconductor Energizing Korea Posted: 06 Oct 2011 09:11 AM PDT Global power technologies company, American Superconductor Corporation (NASDAQ:AMSC) teamed up with Korea Electric Power Corporation (NYSE:KEP), and LS Cable & System and installed the world's longest distribution-voltage superconductor cable system at the I'cheon substation located near Seoul, South Korea.
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| Posted: 06 Oct 2011 08:50 AM PDT We reaffirm our Neutral recommendation for leading cleaning and sanitation products company Ecolab Inc (NYSE:ECL). The company's second-quarter fiscal 2011 earnings per share of 64 cents met the Zacks Consensus Estimate while profit fell as charges associated with the European restructuring more than offset the double-digit growth in the top line.
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| Historic Low: 30-Yr. Mortgage Rates Drop Below 4% Posted: 06 Oct 2011 08:49 AM PDT Freddie Mac reported today that mortgage rates dropped to fresh all-time historic lows this week for both 30-year mortgages (3.94%, see chart above) and 15-year mortgages … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Crude Oil Futures Hover Close To USD81 On ECB Liquidity Move Posted: 06 Oct 2011 08:49 AM PDT Forexpros – Crude oil futures rose to a four-day high on Thursday, after the European Central Bank announced measures to boost liquidity to euro zone lenders, boosting market sentiment. On the New York Mercantile Exchange, light, sweet crude futures for delivery in November traded at USD80.67 a barrel during U.S. morning trade, rallying 1.25%. It earlier rose by as much as 1.8% to trade at USD81.14 a barrel, the highest price since September 30. In his final press conference as president … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – Dollar Broadly Lower As Risk Appetite Recovers Posted: 06 Oct 2011 08:47 AM PDT Forexpros – The U.S. dollar was broadly lower against its major counterparts on Thursday, as market sentiment improved after the European Central Bank announced fresh measures to refinance European lenders. During U.S. morning trade, the greenback was lower against the euro, with EUR/USD up 0.52% to hit 1.3420. In his final press conference as president of the ECB, Jean-Claude Trichet said the central bank will advance new loans to banks with maturities up to 13 months and resume … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Teva Pharma Treads Acquisition Path Posted: 06 Oct 2011 08:40 AM PDT Teva Pharmaceutical Industries Ltd. (NASDAQ:TEVA) recently announced its plans to acquire the remaining 50% interest of its Japanese joint venture, which was previously held by Kowa Company Ltd. Teva Pharma will be paying $150 million for the transaction, and following this acquisition, the company will own the entire joint venture. The joint venture will operate as a wholly-owned subsidiary of Teva Pharma immediately following the closure of the deal.
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| Stifling The Truth Is Abuse Of Capitalism Posted: 06 Oct 2011 08:39 AM PDT Information is everything.
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| Bernanke Fails To Appease Bond Bulls Posted: 06 Oct 2011 08:36 AM PDT Thursday, October 6, 2011
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| Posted: 06 Oct 2011 08:35 AM PDT Leading wine distributor Constellation Brands Inc. (NYSE:STZ) delivered an adjusted EPS of 76 cents in its second quarter ended of fiscal 2012, outperforming the Zacks Consensus Estimate of 66 cents and prior-year quarters’ earnings of 43 cents.
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| Sears Reiterated At Underperform Posted: 06 Oct 2011 08:35 AM PDT We have maintained our long-term Underperform recommendation on Sears Holdings Corporation (NASDAQ:SHLD).The company is the fourth largest broadline retailer in the U.S. offering home appliances, tools, lawn and garden equipment, electronics, automotive repair and maintenance products through a countrywide network of over 4,000 retail stores.
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| Forex – GBP/USD Pares Losses, Tracking Euro Higher Posted: 06 Oct 2011 08:32 AM PDT Forexpros – The pound pared losses against the U.S. dollar on Thursday, pulling back from a 14-month low, tracking the euro's gains and recovering some of the ground lost earlier after the Bank of England launched a second round of monetary easing. GBP/USD pulled back from 1.5270, the pair's lowest since July 23, 2010, to hit 1.5395 during U.S. morning trade, still down 0.42% on the day. Cable was likely to find support at 1.5270, the days low and a 14-month low and resistance at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Gold Futures Edge Higher After ECB, BoE Measures Posted: 06 Oct 2011 08:29 AM PDT Forexpros – Gold futures edged higher in choppy trade on Thursday, after the European Central Bank announced measures to boost liquidity to euro zone lenders, while the Bank of England implemented a fresh round of monetary easing measures. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at USD1,644.85 a troy ounce during U.S. morning trade, easing up 0.2%. It earlier fell by as much as 0.6% to trade at a daily low of USD1,633.35 a troy … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – EUR/USD Erases Losses On ECB Liquidity Move Posted: 06 Oct 2011 08:22 AM PDT Forexpros – The euro erased earlier losses against the U.S. dollar on Thursday, bouncing off a two-day low after the European Central Bank said it plans to launch new liquidity measures in a response to the region’s debt crisis. EUR/USD rebounded from 1.3242, the pair’s lowest since October 4 to hit 1.3406 during early U.S. trade, gaining 0.42%. The pair was likely to find support at 1.3165, the low of October 3 and resistance at 1.3549, the high of September 26. Earlier in the day, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Wall Street Pares Losses At Open, Apple Turns Higher Posted: 06 Oct 2011 08:20 AM PDT 10/06/11 US markets digested the latest central bank decisions and rise in jobless claims. Apple shares opened lower but turned higher in morning … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Crude Rises Above $80 On ECB Rate Decision And Comments Posted: 06 Oct 2011 03:00 AM PDT 10/06/11 Front month crude prices traded above $80 this afternoon on growing talks of the ECB planning to assist lenders with emergency loans after keeping rates … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Natural Gas Futures Slump To 1-year Low After U.S. Supply Data Posted: 06 Oct 2011 07:59 AM PDT Forexpros – Natural gas futures turned lower on Thursday, falling to the lowest level since October 2010 after the U.S. Energy Information Administration said that natural gas inventories rose more-than-expected last week. On the New York Mercantile Exchange, natural gas futures for November delivery traded at USD3.537 per million British thermal units during U.S. morning trade, dropping 0.94%. It earlier fell by as much as 1.02% to trade at USD3.532 per million British thermal units, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| U.S. Stocks Rise On ECB Measures; Dow Jones Up 0.29% Posted: 06 Oct 2011 07:47 AM PDT Forexpros – U.S. stocks edged higher on Thursday, after the European Central Bank announced that it was to launch operations to extend liquidity to European lenders in order to shore up the region’s banking system. During early U.S. trade, the Dow Jones Industrial Average rose 0.29%, the S&P 500 index eased up 0.45%, while the Nasdaq Composite index posted a 0.85% increase. The announcement came after the ECB left interest rates unchanged at 1.5%. Outgoing ECB President Jean-Claude … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| 1984 Apple’s Macintosh Commercial Posted: 06 Oct 2011 07:04 AM PDT “The triumph of the entrepreneur over the ideologue.” The 1984 Apple commercial has its own Wikipedia page. HT: Warren … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 06 Oct 2011 01:15 AM PDT 10/06/11 NYFP’s Morning Market Report: Global markets were rising on reports of bank recapitalization., the ECB and BofE keeps rates steady, and the world mourns the loss of Apple founder Steve … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 05 Oct 2011 09:06 PM PDT By ForexMansion.com
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| Posted: 05 Oct 2011 09:05 PM PDT By ForexMansion.com
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