Tuesday, November 8, 2011

DailyMarkets.com - TOTAL Hits Oil Off Nigeria

DailyMarkets.com - TOTAL Hits Oil Off Nigeria


TOTAL Hits Oil Off Nigeria

Posted: 08 Nov 2011 12:05 PM PST

Integrated oil and gas company TOTAL S.A. (NYSE:TOT) announced that its Nigerian subsidiary Total E&P Nigeria Ltd. (TEPNG) has made a second oil discovery at its Oil Mining Lease (“OML”) 102. The new find is located 65 kilometers (40.4 miles) off the southeastern coast of the country, about 15 kilometers (9.3 miles) southeast of the Ofon field.
The Etisong North-1 well was spud at a total depth of 2,387 meters (7,831.4 ft) including water depth of 80 meters (262.5 ft). One of the three … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Energy Transfer Raises Funds

Posted: 08 Nov 2011 11:51 AM PST

Energy Transfer Partners L.P. (ETP) has commenced an underwritten public offering of 13,250,000 common units representing limited partner interests.
The natural gas and propane gas master limited partnership ("MLP") also intends to provide the underwriters with a 30-day option to purchase up to 1,987,500 additional common units to cover over-allotments, if any.
Energy Transfer plans to use the net proceeds from this offering to pay back the outstanding debt under its revolving credit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Hilltop Breaks Even In 3Q

Posted: 08 Nov 2011 11:40 AM PST

On November 4, Hilltop Holdings Inc. (NYSE:HTH) filed its 10-Q to report results for the quarter ending September 30, 2011. For the third quarter of 2011, net income attributable to common stockholders increased to $.25 million breaking even on per share basis from a loss of $7.2 million or 13 cents in the year-ago period. This also compared favourably with the Zacks Consensus Estimate of loss of 22 cents.
Results benefited from modest underwriting profitability, premiums growth, net realized … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Scorecard: Kimco Realty

Posted: 08 Nov 2011 11:15 AM PST

Kimco Realty Corp. (NYSE:KIM), a leading real estate investment trust (REIT), reported fiscal 2011 third quarter recurring funds from operations (FFO) of 30 cents per share, which was in line with the Zacks Consensus Estimate. Funds from operations, a widely used metric to gauge the performance of REIT, is obtained after adding depreciation and amortization and other non-cash expenses to net income.
We cover below the results of the recent earnings announcement, as well as the subsequent analyst … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


CEMI: DPP Products Driving Revenue

Posted: 08 Nov 2011 11:15 AM PST

Q3 2011 Financial Results:  DPP Products Driving Revenue
Brian Marckx, CFA

Chembio Diagnostics (CEMI) reported financial results for the third quarter ending September 30, 2011 on November 3rd.  Revenue of $5.92 million crushed our $4.61 million estimate, the ~ $1.3 million difference split fairly equally between better than anticipated international sales of the lateral flow products and much stronger than estimated DPP product sales to FIOCRUZ.  Q3 revenue was a record high … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Ross Retains Momentum

Posted: 08 Nov 2011 11:15 AM PST

Ross Stores Inc. (NASDAQ:ROST), the second largest off-price retailer of apparel and home accessories, reported a growth of 5.0% in comparable store sales for the four weeks ended October 29, 2011. October same-store sales came in better than the company’s forecast of a 1% to 2% increase for the month.
For the month under review, sales increased 10.0% to $661.0 million from $600.0 million in the year-ago period. Regionally, Florida was the top performing market with categories like Juniors and Shoes … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Mixed Numbers From Southern Union

Posted: 08 Nov 2011 11:05 AM PST

Southern Union Company (NYSE:SUG) reported third quarter 2011 adjusted earnings of 42 cents per share, falling short of the Zacks Consensus Estimate of 44 cents. Results however improved from the prior-year earnings of 40 cents.  Including one time-items of 4 cents, the company reported a GAAP EPS of 46 cents in the quarter compared with 29 cents in third quarter 2010.
Earlier in July 2011, Southern Union entered into an amended and restated merger agreement with Energy Transfer Equity, L.P. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Preview: Tetra Tech Inc.

Posted: 08 Nov 2011 10:55 AM PST

Tetra Tech Inc. (NASDAQ:TTEK) is scheduled to report its third quarter and fiscal 2011 results on Wednesday November 9, 2011. The current Zacks Consensus Estimate for the quarter is 40 cents a share. For the quarter under review, revenue is $478 million, according to the Zacks Consensus Estimate.
Second-Quarter 2011, a Synopsis
Tetra Tech Inc. reported its second-quarter fiscal 2011 earnings per share of $0.28, below the Zacks Consensus Estimate of $0.29 but above the prior-year earnings of $0.23. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


American Public Beats Estimate

Posted: 08 Nov 2011 10:50 AM PST

American Public Education Inc. (NASDAQ:APEI), an online provider of higher education to military and public service communities, recently delivered better-than-expected third-quarter 2011 results on the heels of robust student enrollments. The quarterly earnings of 60 cents a share beat the Zacks Consensus Estimate of 42 cents, and rose twofold from 30 cents earned in the prior-year quarter.
Management now projects fourth-quarter 2011 earnings between 58 cents and 60 cents a share that dovetails … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – USD/JPY Down During The U.S. Session

Posted: 08 Nov 2011 10:45 AM PST

Forexpros – The U.S. Dollar was lower against the Japanese Yen on Tuesday.

USD/JPY was trading at 77.76, down 0.37% at time of writing.

The pair was likely to find support at 77.61, today's low, and resistance at 78.27, Friday's high.

Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.10% to hit 1.3790 and GBP/USD rising 0.23% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Allos Narrows Loss

Posted: 08 Nov 2011 10:35 AM PST

Allos Therapeutics Inc.'s (NASDAQ:ALTH) third quarter 2011 loss of 11 cents per share was narrower than the year-ago loss of 18 cents and the Zacks Consensus loss estimate of 15 cents per share. The narrower loss was primarily attributable to higher revenues recorded in the third quarter of 2011.
Quarterly Results
Total revenues in the reported quarter jumped 73.2% to $14.2 million driven by increased sales of Allos' sole marketed product, Folotyn. Marketed for treating patients with relapsed or … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


“Long-term…Greece Is A Major Issue”

Posted: 08 Nov 2011 10:25 AM PST

11/08/11 Empire Executions’ Peter Costa weighs in on today’s parliamentary budget vote in Italy and the how the ongoing turmoil in Greece will affect action in the equity … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Denny’s Disappoints In Q3

Posted: 08 Nov 2011 10:20 AM PST

Denny's Corporation (NASDAQ:DENN) recently reported third quarter 2011 earnings of 10 cents per share, which came in line with the Zacks Consensus Estimate. Including impairment charges, earnings per share were 8 cents versus 10 cents in the year-ago quarter. Total revenue declined 2.3% year over year to $136.7 million and missed the Zacks Consensus Estimate of $138 million.
Performance Highlights
During the quarter, sales at company-operated restaurants dipped 2.3% year over year to $104.7 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Tower Group Misses On Cat Losses

Posted: 08 Nov 2011 10:20 AM PST

Property and casualty insurer Tower Group Inc.'s (NASDAQ:TWGP) reported third quarter 2011 operating loss of 38 cents per share, substantially worse than the Zacks Consensus Estimate of a loss of 17 cents. Results also contrasted unfavorably with the prior-year quarter’s earnings of 65 cents.
Lower-than-expected results came on the back of a huge catastrophe charge of $39.1 million (after-tax), partly mitigated by higher revenues and a lower share count due to share buybacks.
The New York-based … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Fossil Lags But Ups 2011 Estimates

Posted: 08 Nov 2011 10:10 AM PST

Fossil Inc. (NASDAQ:FOSL) reported third-quarter 2011 adjusted earnings of $1.00 per share, which was in-line with the year-ago adjusted earnings. However, it lagged the Zacks Consensus Estimate by 3 cents.
Adjusted earnings in the reported quarter exclude a gain related to foreign currency of 9 cents per share. On a reported basis, earnings exceeded the prior-year results by 2.1% to $1.09 per share.
Fossil's profits were driven by double-digit sales growth across its major brands, product … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Preview: Macy’s

Posted: 08 Nov 2011 10:10 AM PST

Macy's, Inc. (NYSE:M), one of the leading department store retailers in the United States, is scheduled to report its third-quarter 2011 financial results before the bell on Wednesday, November 9, 2011. The current Zacks Consensus Estimate for the quarter is 16 cents a share. The Zacks Consensus estimates revenue at $5,882 million for the third quarter.
Second-Quarter 2011, a Synopsis
On August 10, 2011, Macy's posted second-quarter 2011 results that beat the Zacks' expectations on the heels … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Higher Costs Push Up Loss At Ardea

Posted: 08 Nov 2011 10:05 AM PST

Ardea Biosciences Inc.'s (NASDAQ:RDEA) third quarter 2011 net loss of 84 cents per share exceeded the year-ago loss by 5 cents and the Zacks Consensus loss Estimate by 17 cents. The wider loss was attributable to lower revenues and higher operating costs recorded in the quarter.
Quarterly Results
Revenues in the reported quarter slipped 48.5% to $1.7 million. The decline was attributable to an extension of the amortization period of the upfront license fee received under the licensing agreement … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


IFF 3Q Lags Estimate

Posted: 08 Nov 2011 10:05 AM PST

International Flavors & Fragrances Inc.(NYSE:IFF) reported encouraging results for the third quarter of fiscal 2011. Adjusted earnings per share in the quarter increased 2% year over year to $1.00 compared with 98 cents in the year-ago quarter. Results in the reported quarter, however,  were 4 cents below the Zacks Consensus Estimate of $1.04 per share.
GAAP EPS, including restructuring expenses, in the quarter was $1.00 versus 95 cents in the year-ago quarter.
Revenue
Net sales in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Corporate Pledge Of Allegiance

Posted: 08 Nov 2011 09:57 AM PST

Despite what the Supreme Court and Mitt Romney say, corporations aren't people. (I'll believe they are when Georgia and Texas start executing them.)
The Court thinks corporations have First Amendment rights to spend as much as they want on politics, and Romney (and most of his fellow Regressives) think they need lower taxes and fewer regulations in order to be competitive.
These positions are absurd on their face. By flooding our democracy with their shareholders' money, big corporations … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


American Eagle’s Comps Improved

Posted: 08 Nov 2011 09:50 AM PST

American Eagle Outfitters Inc. (NYSE:AEO) reported a growth of 5.0% in comparable store sales for the four weeks ended October 29, 2011. The company registered a growth of 7.0% in comparable store sales, including AEO direct.
For the month under review, sales increased 11.0% to $832.0 million from $752.0 million in the year-ago period.
Comparable store sales for third-quarter ended October 29, 2011, grew 5.0% from the prior-year quarter.
Comparable store sales for the year-to-date period ended … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Toyota Profits Continue To Fall

Posted: 08 Nov 2011 09:35 AM PST

Toyota Motor Corp. (NYSE:TM) posted an 18.5% fall in profit to ¥80.42 billion ($1.03 billion) in the second quarter of fiscal year ended September 30, 2011 from ¥98.69 billion in the same quarter of prior fiscal year. On a per share basis, profits were ¥25.65 (33 cents) versus ¥31.47 in the second quarter of fiscal 2011, missing the Zacks Consensus Estimate of 52 cents.
The continuous decline in profit was attributable to a fall in production volumes and sales volumes all over the world, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Peabody Energy Prices Notes

Posted: 08 Nov 2011 09:35 AM PST

Peabody Energy Corp. (NYSE:BTU) has priced its public offer of two series of senior notes aggregating $3.1 billion–$1.6 billion of 6% senior notes due 2018 and $1.5 billion of 6.25% senior notes due 2021.
Peabody expects net proceeds of $3.1 billion before any expenses relating to this offering. The company intends to deploy the proceeds to fund, in part, the Macarthur Coal acquisition and for related fees and expenses. Should there be any balance remaining, the proceeds will be used to repay … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Telus Grows On Data Rev, Keeps View

Posted: 08 Nov 2011 09:20 AM PST

The second largest Canadian telecommunications company, Telus Corporation (TU ) has reported third quarter adjusted earnings per ADS of 97 cents (99 Canadian cents per share), beating the Zacks Consensus Estimate by a penny. Adjusted earnings increased 4.3% from C$0.93 in the year-ago quarter.
Adjusted earnings exclude an income tax benefit of 3 Canadian cents.
Total revenue increased 6.5% year over year to C$2.622 billion ($2.682 billion), ahead of the Zacks Consensus Estimate of $2.632 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Vodafone Stumbles On EPS, Rev Grows

Posted: 08 Nov 2011 09:10 AM PST

Vodafone (NYSE:VOD) has announced results for the half year fiscal 2012 (ended September 30, 2011). Adjusted earnings of £0.0775 per share (or earnings per ADS of $1.26) declined 11.5% from £0.0876 in the year-ago period.
Adjusted earnings excluded the profit from a 44% stake in SFR, a French mobile-phone operator, and impairment losses of £450 million from Greece operations resulting from lower cash flows and higher discount rates.
On a GAAP basis, net profit increased 72.6% year over year to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Rockwell Reports Sound Quarter

Posted: 08 Nov 2011 09:00 AM PST

Rockwell Automation Inc. (ROK) earnings of $1.39 per share in the fourth quarter of fiscal 2011 compared with 91 cents per share in the year-ago quarter, surpassing the Zacks Consensus Estimate of $1.22 per share.
Total revenue in this quarter increased 22% to $1.65 billion from $1.36 billion, exceeding the Zacks Consensus Estimate of $1.55 billion. Improvement in sales was attributed to currency translation (4%) and positive impact from acquisitions (1%).
Cost and Margins
Cost of sales was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


J.C Penney’s October Sales Down

Posted: 08 Nov 2011 09:00 AM PST

J. C. Penney Company Inc. (NYSE:JCP), a leading retailer of apparel and footwear, accessories, fashion jewelry, beauty products and home furnishings, recently reported sales results for the four-week period ended October 29, 2011. The company's comparable-store sales for October inched down 2.6% with total sales plummeting 6.6% to $1,186 million.
During the period under review, The Plano, Texas-based J. C. Penney registered comparable-store sales growth across women’s attire and accessories, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Dollar Rebounds From Early Losses

Posted: 08 Nov 2011 04:00 AM PST

11/08/11 The US dollar rebounded from an earlier drop this afternoon following an approved Italian budget vote but without a majority. Therefore indicating that a confidence vote cold come … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


URBN Posts Weak 3Q Sales

Posted: 08 Nov 2011 08:50 AM PST

Urban Outfitters Inc. (NASDAQ:URBN), the retailer of apparel, footwear, and accessories, recently announced its sales results for the third quarter ended October 31, 2011.
Urban Outfitters, which mainly competes with Gap Inc. (NYSE:GPS) and Abercrombie & Fitch Co. (NYSE:ANF), stated that total net sales increased 6% year over year to $610 million. However, sales were below the Zacks Consensus Estimate of $629 million.
As per the company, comparable retail segment net sales decreased 3%, whereas … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Mindray EPS Meets, Raises Rev View

Posted: 08 Nov 2011 08:35 AM PST

Mindray Medical International Limited (NYSE:MR), a major Chinese medical devices company, reported third-quarter fiscal 2011 adjusted (excluding one-time expenses other than stock-based compensation expense) earnings per share of 34 cents, matching the Zacks Consensus Estimate. Reported net income inched up 3.8% year over year to $37.4 million (or 31 cents per share) in the third quarter.
Revenues
Revenues were up sharply 29.8% year over year to $218.4 million, exceeding the Zacks Consensus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Quicksilver Resources Misses

Posted: 08 Nov 2011 08:25 AM PST

Quicksilver Resources Inc. (NYSE:KWK), primarily engaged in the development of long-lived, unconventional onshore natural gas reserves in the North American continent, reported third quarter 2011 adjusted earnings per share (EPS) of 3 cents, substantially lower than the year-ago earnings of 17 cents. Quarterly earnings also dipped compared to the Zacks Consensus Estimate of 5 cents.
On a GAAP basis, the company reported earnings of 17 cents per share compared with earnings of 13 cents in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Job Openings Reach Three-Year High In September

Posted: 08 Nov 2011 08:24 AM PST

The BLS reported today that total job openings in the U.S. reached a three-year high of 3,354,000 open positions at the end of September, the highest level of openings since August of 2008 (see chart).   Private-sector openings were just slightly below 3 million at the end of September, which was also the highest level since August 2008.  

In a related report that shows increased job availability, the Monster Employment Index for the U.S. increased by 11% in October compared to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Wall Street Pare Gains On Italian Vote

Posted: 08 Nov 2011 08:10 AM PST

11/08/11 US stocks opened with a modest advance on light volume. Italian PM Berlusconi won the budget vote but lost the parliamentary … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Quick Charting Trend Levels To Watch In Crude Oil

Posted: 08 Nov 2011 08:00 AM PST

Stocks and Crude Oil performed well in October, breaking critical weekly (and of course daily) resistance levels to shift the dynamic to the buyers.
Let's start with the weekly chart of Crude Oil and focus on the key price levels to watch going forward:

In the bigger picture, Oil – like stocks – benefited from the inflation generated by the two prior rounds of Quantitative Easing (QE1 and QE2).  One would logically assume a third round of Quantitative Easing – should it begin – … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – Dollar Edges Lower Vs. Rivals After Crunch Italy Vote

Posted: 08 Nov 2011 07:59 AM PST

Forexpros – The U.S. dollar was broadly lower against its major counterparts on Tuesday, after Italian Prime Minister Silvio Berlusconi won a vote on fiscal reforms but failed to secure a majority in parliament.

During U.S. morning trade, the dollar was slightly lower against the euro, with EUR/USD edging up 0.08% to hit 1.3787.

Berlusconi obtained only 308 votes, less than the 316 needed for an absolute majority in the lower house, prompting immediate calls for his resignation by the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Natural Gas Trades Close To 2-week Low As Mild Weather Weighs

Posted: 08 Nov 2011 07:53 AM PST

Forexpros – Natural gas futures declined on Tuesday, trading close to the previous session's two-week low as mild weather forecasts and concerns about rising U.S. inventory levels continued to push prices lower.

On the New York Mercantile Exchange, natural gas futures for December delivery traded at USD3.678 per million British thermal units during U.S. morning trade, slumping 0.49%.

It earlier fell by as much as 1.2% to trade at a daily low of USD3.660 per million British thermal units, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – GBP/USD Trims Gains After Italy Vote

Posted: 08 Nov 2011 07:49 AM PST

Forexpros – The pound trimmed gains against the U.S. dollar on Tuesday, pulling back from a six-day high after Italian Prime Minister Silvio Berlusconi won a critical budget vote but lost his parliamentary majority.

GBP/USD pulled back from 1.6113, the pair’s highest since October 31 to hit 1.6080 during U.S. morning trade, still up 0.15%.

The pair was likely to find support at 1.5964, the low of October 31 and resistance at 1.6185, the high of September 5.

Berlusconi won the vote on the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Crude Rallies On Greek Stability Signs

Posted: 08 Nov 2011 07:45 AM PST

11/08/11 Front month crude prices were rising this morning as further signs of stability in Greece pushed prices into the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Trims Gains After Berlusconi Wins Budget Vote

Posted: 08 Nov 2011 07:35 AM PST

Forexpros – The euro pulled back from a session high against the U.S. dollar on Tuesday, after Italian Prime Minister Silvio Berlusconi won a critical budget vote but lost the majority in parliament.

EUR/USD pulled back from 1.3844, the session high, to hit 1.3782 during U.S. morning trade, still up 0.04% on the day.

The pair was likely to find support at 1.3655, the low of November 3 and resistance at 1.3829, Monday's high.

Prime Minister Berlusconi's conservative government won a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Gold Futures Fluctuate After Italy Budget Vote Passes

Posted: 08 Nov 2011 07:33 AM PST

Forexpros – Gold futures swung between small gains and losses on Tuesday, remaining close to a six-week high after Italian Prime Minister Silvio Berlusconi's government won a budget vote, but the results indicated he has lost majority.

On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at USD1,793.65 a troy ounce during U.S. morning trade, edging 0.14 higher%.

The December contract traded between a range of USD1,785.35 a troy ounce, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


U.S. Stocks Rise As Italy Prepares To Vote; Dow Jones Up 0.32%

Posted: 08 Nov 2011 07:09 AM PST

Forexpros – U.S. stocks edged higher on Tuesday, led by gains in the financial sector as markets awaited the results of Italy’s crucial budget vote amid growing calls for Prime Minister Silvio Berlusconi’s resignation.

During early U.S. trade, the Dow Jones Industrial Average rose 0.32%, the S&P 500 index climbed 0.64%, while the Nasdaq Composite index advanced 0.87%.

Italian Prime Minister Silvio Berlusconi's government was to face a crunch vote, which would test the prime ministers … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


U.S. IBD/TIPP Economic Optimism Rises Less-than-expected

Posted: 08 Nov 2011 07:05 AM PST

Forexpros – Consumer confidence in the U.S. rose less-than-expected in November, industry data showed on Tuesday.

In a report, Investor’s Business Daily and TechnoMetrica Market Intelligence said their IBD/TIPP Economic Optimism Index inched up by 0.3 points to 40.6 in November, up from October's reading of 40.3.

Economists had expected the index to rise by 0.8 points to 41.1 in November.

A reading above 50.0 indicates optimism, while those below 50.0 point to pessimism.

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


Global Markets Steady As Italy Vote Nears

Posted: 08 Nov 2011 01:15 AM PST

11/08/11 NYFP’s Morning Market Report: global markets remain steady this morning as investors await the Italian parliament vote this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Lo-Q To Power Smartphone Ticketing Pilot At London Eye

Posted: 08 Nov 2011 01:32 AM PST

LO-Q (LON:LOQ), the company that develops virtual queuing systems for theme parks and major attractions, has signed an agreement to pilot a new smartphone-based ticketing and queuing solution at one of the UK’s most popular and best known tourist attractions: The London Eye. The twelve week pilot will begin on 1 December 2011 and will see Lo-Q's proprietary technology evaluated at the landmark UK attraction. The London Eye is owned and operated by The Merlin Entertainment Group and has … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – Investments Can Help You Pay Off Debts

Posted: 07 Nov 2011 07:24 PM PST

By ForexMansion.com
Forex is Foreign Exchange which is also known as the Currency Exchange. So, the market where the exchange of the currencies takes place is known as the forex market. The pricing of the currencies are based on spreads as well as the exchange rates constituted by participants of the market. The forex market is an Over-the-counter market. The transactions as a result are totally different from stock trading. Moreover, investing in the forex market can help you earn dollars. You … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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