Tuesday, November 29, 2011

DailyMarkets.com - Citi ThankYou Preferred Rewards Card – Up To $500 Signing Bonus Now!

DailyMarkets.com - Citi ThankYou Preferred Rewards Card – Up To $500 Signing Bonus Now!

Citi ThankYou Preferred Rewards Card – Up To $500 Signing Bonus Now!

Posted: 29 Nov 2011 07:34 AM PST

We are excited to tell you that Citibank (NYSE:C) has just re-launched its exclusive and time-limited credit card offer, the Citi ThankYou Preferred Card, which is now offering a signing bonus of up to 50,000 bonus points, redeemable for $500 in gift cards, during your first year as a card member. During the first 6 months you will receive 25,000 bonus points when you spend $5,000 and during the next 6 months you will receive another 25,000 points when you spend another $5,000, which totals 50,000 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Europe Sets The Table Again

Posted: 29 Nov 2011 06:16 AM PST

Optimism about the European situation is keeping market sentiment high even as Italian bond yields remain in dangerous territory. In another bond auction today, Italy was forced to pay record yields to attract investors. The country paid 7.89% on 3-year bonds and 7.56% on 10-year paper, both new Euro-era highs. At these yield levels, Greece, Ireland and Portugal had already asked for outside help.
The stock market optimism is at odds with how the bond market is behaving at present. With … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Facility Expansion At BioMarin

Posted: 29 Nov 2011 06:16 AM PST

BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) received some encouraging news when the US Food and Drug Administration (FDA) cleared an extension to the company's manufacturing facility in Novato, California.
The extension of the facility has doubled the manufacturing capacity at BioMarin. Following the expansion, management stated that revenues up to $1.0 billion can be generated via production at the facility.
BioMarin intends to use the expanded facility to produce GALNS, for treating MPS IVA, a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Market News Briefs: Apple, Amazon.com, Commercial Metals Company, Greif Bros., Macy’s Inc, Tiffany & Co., Ternium S.A.

Posted: 29 Nov 2011 06:11 AM PST

    Online retailer Amazon’s (NASDAQ:AMZN) share prices gained 6.44% after the company reported that sales of its Kindle e-book reader increased four times during Black Friday from a year ago period

    Apple (NASDAQ:AAPL) will reportedly introduce its new 11-inch, 13-inch and 15-inch MacBook Air notebooks in 2012 to compete with ultra books from other PC vendors

    Steel scrap recycler Commercial Metals Co.'s (NYSE:CMC) shares increased 23.76% to close at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Autodesk Enhances AutoCAD WS

Posted: 29 Nov 2011 06:05 AM PST

Autodesk Inc. (NASDAQ:ADSK) has more to offer to its AutoCAD users as it is about to add new and enhanced 3D features in the next version of AutoCAD WS. It does not end at that, as the users also get to enjoy features such as global positioning system (GPS) and Plot-to-Print facility in the latest AutoCAD WS.
AutoCAD WS is a cloud-based CAD editor that is available as a mobile app for Apple Inc.'s (NASDAQ:AAPL) iOS and Google Inc.'s (NASDAQ:GOOG) Android and as a web app version that is accessible through … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

DOW-Sadara Joint Venture

Posted: 29 Nov 2011 05:51 AM PST

The Dow Chemical Company (NYSE:DOW) and Saudi Arabian Oil Company (Saudi Aramco) announced the official formation of Sadara Chemical Company (Sadara), a $20 billion joint venture between the two companies.
The companies also announced the official formation and key officers of Sadara Chemical.
Once complete, the joint venture would represent the first ever petrochemical facility ever built in one single phase. Besides, the first production units are expected to roll out in the second half of 2015. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Trims Gains After U.K. Growth Outlook Cut

Posted: 29 Nov 2011 05:51 AM PST

Forexpros – The pound trimmed gains against the U.S. dollar on Tuesday, pulling back from a one-week high after the British government cut its forecast for economic growth and said it would take longer than expected to cut the U.K. deficit.

GBP/USD retreated from 1.5656 the pair's highest since November 22, to hit 1.5596 during European afternoon trade, still up 0.53% on the day.

Cable was likely to find support at 1.5423, Friday's low and a seven-week low and resistance at 1.5594, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

European Stocks Fall Ahead Of Debt Talks; DAX Down 0.19%

Posted: 29 Nov 2011 05:41 AM PST

Forexpros – European stock markets were lower on Tuesday, as markets remained cautious ahead of a meeting of euro zone finance ministers later in the day.

During European afternoon trade, the EURO STOXX 50 declined 0.30%, France's CAC 40 fell 0.26%, while Germany's DAX 30 slipped 0.19%.

Euro zone finance ministers were to meet later on Tuesday to approve detailed arrangements for scaling up the European Financial Stability Facility. They were also expected to release Greece's next … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Canada’s Current Account Deficit Narrows Less-than-expected

Posted: 29 Nov 2011 05:39 AM PST

Forexpros – Canada's current account deficit narrowed less-than-expected in the third quarter, official data showed on Tuesday.

In a report, Statistics Canada said the country's current account deficit narrowed to a seasonally adjusted CAD12.1 billion from a deficit of CAD16.1 billion in the previous quarter, whose figure was revised from a deficit of CAD15.3 billion.

Analysts had expected Canada's current account deficit to narrow to CAD11.1 billion in the third quarter.

The overall … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

RadioShack Extends Sales Promotion

Posted: 29 Nov 2011 05:35 AM PST

RadioShack Corp. (NYSE:RSH), the wireless devices and electronics retailer, has decided to continue its ongoing sales promotion for wireless service contract through the end of 2011. Every customer, who enters into wireless service pact, will be able to choose one handset free from at least 20 different smartphones. Normally, RadioShack offers a list of 5-10 handsets from which subscribers can choose one. In addition, the company offers a qualitative service and provides free and neutral advice to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cotton Futures Slump On Improving U.S. Crop Conditions

Posted: 29 Nov 2011 05:19 AM PST

Forexpros – Cotton futures declined on Tuesday, trading close to the previous week's 14-month low as improving U.S. cotton crop conditions and concerns over a slowdown in demand continued to weigh on prices.

On the ICE Futures U.S. Exchange, cotton futures for March delivery traded at USD0.9072 a pound during European afternoon trade, dropping 0.68%.

It earlier fell by as much as 0.8% to trade at a daily low of USD0.9064 a pound. Prices dropped to USD0.8937 a pound on November 22, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ABB Rail Speeds With Envitech Energy

Posted: 29 Nov 2011 05:16 AM PST

ABB Ltd. (NYSE:ABB) is all set to enhance its offering for technical development of rail infrastructure through the acquisition of Envitech Energy, a Canadian provider of electrical equipment and solutions for rail infrastructure.
The solutions from Envitech Energy is used for urban transportation applications, including traction rectifiers, traction power components, trackside braking energy absorption devices, automatic grounding and energy storage solutions. Envitech Energy, headquartered in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

PPG Raises Caustic Soda Prices

Posted: 29 Nov 2011 05:05 AM PST

PPG Industries Inc. (NYSE:PPG) is all set to increase its liquid caustic soda prices by $45 per short ton in the United States and by CAN$50 per metric ton in Canada due to decrease in demand and production of chlorine.
Liquid caustic soda, also known as sodium hydroxide, is a by-product in the production of chlorine. Liquid caustic soda is used by the chemical industry for making aluminum and also in the paper and pulp industry,
In October 2011, PPG Industries posted net income of $311 million or … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Futures Rise On Italian Auction; Dow Jones Up 0.48%

Posted: 29 Nov 2011 04:49 AM PST

Forexpros – U.S. stock futures pointed to a moderately higher open on Tuesday, as market sentiment improved after a well-received auction of Italian government debt and amid hopes for progress on the euro zone's debt crisis.

Ahead of the open, the Dow Jones Industrial Average futures pointed to a rise of 0.48%, S&P 500 futures signaled a 0.61% advance, while the Nasdaq 100 futures indicated a 0.30% increase.

Italy's Treasury auctioned EUR7.5 billion of debt but borrowing costs … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Dollar Remains Modestly Lower After Italian Debt Auction

Posted: 29 Nov 2011 04:31 AM PST

Forexpros – The U.S. dollar remained broadly lower against its major counterparts on Tuesday, after an auction of Italian government debt met with solid investor demand, while markets eyed a meeting of euro zone finance ministers later in the day.

During European afternoon trade, the dollar was down against the euro, with EUR/USD easing up 0.17% to hit 1.3342.

Earlier Tuesday, Italy auctioned the maximum targeted amount of EUR7.5 billion of debt but borrowing costs surged to euro-era highs. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Extend Gains After Italian Bond Sale

Posted: 29 Nov 2011 04:00 AM PST

Forexpros – The pound extended gains against the U.S. dollar on Tuesday, rising to a one-week high after a well-received auction of Italian government debt but markets remained cautious ahead of the U.K. government's autumn budget statement.

GBP/USD hit 1.5656 during European morning trade, the pair's highest since November 22; the pair subsequently consolidated at 1.5622, gaining 0.69%.

The pair was likely to find support at 1.5468, the daily low and resistance at 1.5797, the high of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wheat Futures Rebound From 4-month Low After Italian Auction

Posted: 29 Nov 2011 03:41 AM PST

Forexpros – Wheat futures turned higher on Tuesday, rebounding from a four-month low after Italy saw good demand at an auction of government debt earlier in the day, despite having to pay record high yields, while markets awaited the outcome of a meeting of euro zone finance ministers.

On the Chicago Mercantile Exchange, wheat futures for March delivery traded at USD5.9788 a bushel during European morning trade, jumping 0.89%.

It earlier rose by as much as 1.06% to trade at a daily high of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/GBP Slips But Supported Ahead Of U.K. Budget Statement

Posted: 29 Nov 2011 03:26 AM PST

Forexpros – The euro slid against the pound on Tuesday, but the single currency remained supported ahead of the U.K. government's autumn budget statement and after a well-received auction of Italian government debt.

EUR/GBP hit 0.8586 during European morning trade, the pair's lowest since November 25; the pair subsequently consolidated at 0.8566, declining 0.22%.

The pair was likely to find support at 0.8545, the low of November 25 and resistance at 0.8619, the high of November … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Extends Gains After Italian Bond Auction

Posted: 29 Nov 2011 03:12 AM PST

Forexpros – The euro extended gains against the U.S. dollar on Tuesday, climbing to a four-day high, after an auction of Italian government debt met with solid investor demand, while investors eyed the outcome of a meeting of euro zone finance ministers.

EUR/USD hit 1.3441 during European morning trade, the pair's highest since November 23; the pair subsequently consolidated at 1.3395, gaining 0.57%.

The pair was likely to find support at 1.3272, Monday's low and resistance at 1.3530, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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