DailyMarkets.com - Apple Fined In Italy
DailyMarkets.com - Apple Fined In Italy |
- Apple Fined In Italy
- Mild Temperatures Keeping Natural Gas Bulls In Hibernation
- Forex Trading: GBPUSD Falls To New Lows And Next Target Support
- Viacom Dominates Film Business
- Shutterfly Lowers 4Q Outlook
- Paychex’s New Tax Solution For SMB
- U.S. Stocks Decline As EU Concerns Remain; Dow Falls 0.45%
- Diageo Hails Responsible Drinking
- Crude Oil Futures Hover Below USD101 With Italy, Iran In Focus
- NY Times Confirms Divestiture
- Italian Bonds May Prop Market
- DoJ’s Ruling Acts As Bliss For IGT
- Stock Market News Briefs: ConocoPhillips, Parlux Fragrances, Perfumania Holdings, Inc, Sears Holdings Corporation
- Light Trading Continues; Kiwi Tops Majors, U.S. Dollar Lags
- Forex Trading: NZDUSD Testing Last Weeks Highs At The 0.7773 Area.
- Forex Trading: GBPUSD Falls Sharply
- Forex – USD/CAD Drops To 3-week Low On Oil Price Strength
- Sears To Live Free Or Die Hard
- Forex – USD/JPY Slumps To 3-week Low After Italian Bond Sale
- Freeport Workers Halt Return To Work
- CBSH To Return Overdraft Fees
- Cotton Futures Soar To 2-week High In Thin Trade
- ERJ Rolls Out Legacy, Delivers Jets
- Job Creation Is The Price We Pay For Obamacare: From “Hire-and-Grow” To “Cut-and-Survive”
- Euro Stocks Edge Higher As Sentiment Improves; DAX Up 0.1%
- Forex – Dollar Mixed To Lower In Thin Trade, Focus On Euro Zone
- Crony Capitalism Shuts India’s Doors To Wal-Mart
- Which Republican Will Win The Iowa Caucus?
- Forex – GBP/USD Steady After Italian Bond Auction
- Forex – EUR/USD Range Bound Ahead Of Italian 10-year Debt Sale
- U.S. Futures Higher On Italian Bond Sale; Dow Jones Up 0.25%
- Corn Rallies To 6-week High On South America Weather Outlook
- Forex – Euro Vulnerable Despite Successful Italian Bond Sale
- Forex – EUR/GBP Range Bound After Italian Debt Sale
- Singapore Stock Market Update For Wednesday 28 December
- Reader Favorites: Top 10 Commentaries Of 2011
| Posted: 28 Dec 2011 07:50 AM PST Italian anti-trust authorities recently slapped a fine of $1.2 million (€ 900,000) on Apple Inc. (AAPL) for misleading consumers regarding assistance services and guarantees for its products. According to a recent report from news agency Reuters, authorities found Apple guilty of violating Italian customer laws.
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| Mild Temperatures Keeping Natural Gas Bulls In Hibernation Posted: 28 Dec 2011 07:37 AM PST Wednesday, December 28, 2011
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| Forex Trading: GBPUSD Falls To New Lows And Next Target Support Posted: 28 Dec 2011 07:36 AM PST The beat goes on with the trend like move today in the GBPUSD. The selling is attributed to technical selling exasperated by illiquid market conditions. The pair is now at the next target support for the pair which comes against parellel channel trendline and lows from December 15th and December 19th. That support comes in at the 1.5462-80 area.
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| Viacom Dominates Film Business Posted: 28 Dec 2011 07:35 AM PST Paramount Pictures, the film division of Viacom Inc (NYSE:VIA) is all set to end the ongoing year with box-office revenues of $1.86 billion and 18.86% market share. Time Warner Inc's (NYSE:TWX) Warner Bros. is set to finish second with $1.76 billion in revenues and 17.95% market share, followed by Sony Corp.'s (NYSE:SNE) Sony Pictures with revenues of $1.33 billion and 12.69% market share.
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| Posted: 28 Dec 2011 07:20 AM PST Redwood City, California-based Shutterfly, Inc (SFLY) recently trimmed its revenue and adjusted EBITDA outlook for the fourth quarter of 2011, due to the challenging economic conditions and fierce discounting war among the competitors during the crucial holiday season.
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| Paychex’s New Tax Solution For SMB Posted: 28 Dec 2011 07:05 AM PST Paychex Inc. (NASDAQ:PAYX) has recently introduced two new tools that aim at solving certain tax credit related problems for the small and medium businesses (SMBs). The tools, namely Small Business Tax Credit Estimator and Small Business Tax Credit Package, have been innovated by Paychex Insurance Agency, a wholly owned subsidiary of Paychex.
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| U.S. Stocks Decline As EU Concerns Remain; Dow Falls 0.45% Posted: 28 Dec 2011 07:03 AM PST Forexpros – U.S. stock markets declined in thin year-end trade on Wednesday, after a successful Italian bond auction failed to ease concerns over the debt crisis in the euro zone ahead of a ten-year debt sale on Thursday. During early U.S. trade, the Dow Jones Industrial Average fell 0.45%, the S&P 500 index slumped 0.5%, while the Nasdaq Composite index dropped 0.65%. Trading volumes were expected to remain light following the Christmas break, as many traders have closed books before … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Diageo Hails Responsible Drinking Posted: 28 Dec 2011 06:50 AM PST The owner of iconic Johny Walker, Diageo Plc. (NYSE:DEO) has urged its wine lovers to drink responsibly this festive season.
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| Crude Oil Futures Hover Below USD101 With Italy, Iran In Focus Posted: 28 Dec 2011 06:45 AM PST Forexpros – Crude oil futures were down for the first time in seven sessions on Wednesday, easing off a three-week high after a successful Italian bond auction failed to ease concerns over the debt crisis in the euro zone and as fears over a disruption to Iranian oil supplies receded. On the New York Mercantile Exchange, light, sweet crude futures for delivery in February traded at USD100.73 a barrel during early U.S. morning trade, slumping 0.6%. It earlier fell by as much as 0.71% to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 28 Dec 2011 06:35 AM PST The New York Times Company (NYSE:NYT) now confirmed that it is selling its Regional Media Group segment – consisting of 16 regional newspapers, print publications and associated ventures – to Halifax Media Holdings LLC, the proprietor of The Daytona-Beach News Journal in Florida, for $143 million in cash.
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| Posted: 28 Dec 2011 06:30 AM PST With nothing major on the domestic economic calendar today, stocks will likely get a lift from the sharp drop in Italian government bond yields. But trading volumes are expected to remain light due to seasonal factors.
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| DoJ’s Ruling Acts As Bliss For IGT Posted: 28 Dec 2011 06:30 AM PST The casino operators and game providers may just have got their Christmas gift. Well, they stand to gain only if the report of the Department of Justice (DoJ) being en route to legalize most forms of online gambling within its borders is true.
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| Posted: 28 Dec 2011 06:30 AM PST Share prices of oil and gas company Endeavour International Corp (END) increased 24.06% after the company agreed to purchase a stake in three oil fields from ConocoPhillips’ (NYSE:COP) for $330 million Retailer Sears Holdings Corp.'s (NASDAQ:SHLD) shares plummeted 27.20% to close at $33.38 after it confirmed plans to shut 100 stores. Sears also reported continuing sales troubles in the current quarter Oil and gas company Magnum Hunter … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Light Trading Continues; Kiwi Tops Majors, U.S. Dollar Lags Posted: 28 Dec 2011 06:25 AM PST European Session Summary
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| Forex Trading: NZDUSD Testing Last Weeks Highs At The 0.7773 Area. Posted: 28 Dec 2011 06:24 AM PST The best performing currency pair today against the USD is the NZD. The pair tested the 100 hour MA earlier today and failed on a break of the key level (see blue line in the hourly chart above). This gave traders a reason to buy and the pair has moved steadily higher since that time.
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| Forex Trading: GBPUSD Falls Sharply Posted: 28 Dec 2011 06:24 AM PST |
| Forex – USD/CAD Drops To 3-week Low On Oil Price Strength Posted: 28 Dec 2011 06:22 AM PST Forexpros – The U.S. dollar fell to a three-week low against its Canadian counterpart in thin year-end trade on Wednesday, after an Italian bond auction showed a sharp drop in yields, while ongoing strength in crude prices provided further support. USD/CAD hit 1.0125 during early U.S. morning trade, the pair's lowest since December 8; the pair subsequently consolidated at 1.0140, shedding 0.46%. The pair was likely to find support at 1.0051, the low of December 8 and resistance at 1.0176, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Sears To Live Free Or Die Hard Posted: 28 Dec 2011 06:10 AM PST Surely the time has come for Sears Holdings Corporation (NASDAQ:SHLD), the fourth largest broadline retailer in the U.S., to break out of its loss streak and come up with innovative ideas to boost its financial performance and rise from the ashes.
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| Forex – USD/JPY Slumps To 3-week Low After Italian Bond Sale Posted: 28 Dec 2011 05:53 AM PST Forexpros – The U.S. dollar added to losses against the yen in thin, post-holiday trade on Wednesday, as a successful Italian bond auction failed to ease concerns over the debt crisis in the euro zone ahead of a ten-year debt sale on Thursday. USD/JPY hit 77.57 during European afternoon trade, the pair's lowest since December 12; the pair subsequently consolidated at 77.58, falling 0.38%. The pair was likely to find short-term support at 77.48, the low of December 9 and resistance at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Freeport Workers Halt Return To Work Posted: 28 Dec 2011 05:50 AM PST Workers at Freeport McMoran Copper & Gold Inc.'s (NYSE:FCX) mine in Indonesia may delay returning to work due to the pending decision on the removal of about 100 workers at a local unit. Earlier, the workers entered a deal with management to end this three-month strike.
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| Posted: 28 Dec 2011 05:35 AM PST Commerce Bancshares Inc. (NASDAQ:CBSH) has hit the headlines for manipulating overdraft fees. Last week, the U.S. District Court of Southern District of Florida (Miami) ordered CBSH to pay back $18.3 million to its customers, who were charged with inappropriate overdraft fees by the company.
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| Cotton Futures Soar To 2-week High In Thin Trade Posted: 28 Dec 2011 05:34 AM PST Forexpros – Cotton futures were up for a second day on Wednesday, soaring to a two-week high as buying from small investors amid thin trade conditions resulted in exaggerated moves to the upside. On the ICE Futures U.S. Exchange, cotton futures for March delivery traded at USD0.9065 a pound during European afternoon trade, surging 3.1%. It earlier rose by as much as 3.15% to trade at USD0.9067 a pound, the highest since December 12. Trading volumes were expected to remain light following … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| ERJ Rolls Out Legacy, Delivers Jets Posted: 28 Dec 2011 05:20 AM PST Embraer S.A (ERJ) recently rolled out its novel executive jet, the midsize Legacy 500, from São José dos Campos headquarter in Brazil. The aircraft's first flight is scheduled for the third quarter of 2012. The rollout calls for a prior phase of evaluation, development and ground tests before launch.
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| Job Creation Is The Price We Pay For Obamacare: From “Hire-and-Grow” To “Cut-and-Survive” Posted: 28 Dec 2011 05:16 AM PST Andrew Puzder, CEO of CKERestaurants, writing in Bloomberg: “Our company, CKE Restaurants Inc., employs about 21,000people (our franchisees employ 49,000 more) in Carl's Jr. andHardee's restaurants. For months, we have been working withMercer Health & Benefits LLC, our health-care consultant, toidentify Obamacare's potential financial impact on CKE. Mercerestimated that when the law is fully implemented our health-carecosts will increase about $18 million a year. That would put … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Euro Stocks Edge Higher As Sentiment Improves; DAX Up 0.1% Posted: 28 Dec 2011 05:08 AM PST Forexpros – European stock markets turned higher on Wednesday, as sentiment slightly improved after a successful Italian bond auction but investors remained cautious ahead of a ten-year bond sale scheduled on Thursday. During European afternoon trade, the EURO STOXX 50 advanced 0.2%, France's CAC 40 climbed 0.35%, while Germany's DAX 30 rose 0.1%. With most investors already away on year-end leave, trading volumes were thin, resulting in tight liquidity conditions and irregular … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – Dollar Mixed To Lower In Thin Trade, Focus On Euro Zone Posted: 28 Dec 2011 04:47 AM PST Forexpros – The U.S. dollar was mixed to lower against its major counterparts in subdued trade on Wednesday, as markets were jittery ahead of a ten-year Italian bond auction despite a successful short term debt sale earlier in the day. During European afternoon trade, the dollar was flat against the euro, trading within striking distance of an eleven-month low. With most investors already away on year-end leave, trading volumes were low, resulting in subdued trade. Italy's Treasury sold … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Crony Capitalism Shuts India’s Doors To Wal-Mart Posted: 28 Dec 2011 04:46 AM PST From my editorial in today’s Investor’s Business Daily (with Sy Banerjee and Tom Hemphill): India’s Prime Minister Manmohan Singh and his Congress Party recently capitulated to political pressure and reversed their earlier decision to expand foreign direct investment in India’s nearly $400 billion retail sector, which would have bolstered a slowing domestic economy and created millions of new jobs. Call it India’s version of America’s recent “Keystone XL pipeline cop-out” — and an … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Which Republican Will Win The Iowa Caucus? Posted: 28 Dec 2011 04:31 AM PST With the Iowa caucus now less than a week away, let's run an unscientific poll.
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| Forex – GBP/USD Steady After Italian Bond Auction Posted: 28 Dec 2011 04:30 AM PST Forexpros – The pound was steady against the U.S. dollar in thin year-end trade on Wednesday, after a well-received Italian bond auction as investors remained cautious ahead of a second government bond sale programmed on Thursday. GBP/USD hit 1.5692 during European afternoon trade, the daily high; the pair subsequently consolidated at 1.5672, easing up 0.02%. Cable was likely to find support at 1.5595, Tuesday's low and resistance at 1.5728, the high of December 22. With most investors … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – EUR/USD Range Bound Ahead Of Italian 10-year Debt Sale Posted: 28 Dec 2011 04:14 AM PST Forexpros – The euro was almost unchanged against the U.S. dollar in thin trade on Wednesday, as a successful Italian bond auction failed to ease concerns over the debt crisis in the euro zone ahead of a ten-year debt sale on Thursday. EUR/USD hit 1.3057 during European afternoon trade, the daily low; the pair subsequently consolidated at 1.3068, easing 0.02%. The pair was likely to find support at 1.3016, the low of December 22 and resistance at 1.3131, the high of December 20. With most … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| U.S. Futures Higher On Italian Bond Sale; Dow Jones Up 0.25% Posted: 28 Dec 2011 03:57 AM PST Forexpros – U.S. stock futures pointed to a moderately higher open in thin year-end trade on Wednesday, as sentiment improved after a well-received Italian bond auction, although investors remained focused on a second sale scheduled Thursday. Ahead of the open, the Dow Jones Industrial Average futures pointed to a rise of 0.25%, S&P 500 futures signaled a 0.27% increase, while the Nasdaq 100 futures indicated a 0.27% gain. With most investors already away on year-end leave, trading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Corn Rallies To 6-week High On South America Weather Outlook Posted: 28 Dec 2011 03:38 AM PST Forexpros – Corn futures rallied to for an eighth day on Wednesday, trading at the highest level since mid-November amid lingering concerns over dry weather conditions in South America and after an Italian bond auction showed a sharp drop in yields. On the Chicago Mercantile Exchange, corn futures for March delivery traded at USD6.3612 a bushel during European morning trade, gaining 0.46%. It earlier rose by as much as 0.55% to trade at USD6.3638 a bushel, the highest since November … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – Euro Vulnerable Despite Successful Italian Bond Sale Posted: 28 Dec 2011 03:19 AM PST Forexpros – The euro traded close to an eleven-month low against the U.S. dollar on Wednesday and was mixed against its other major counterparts, as markets were jittery despite a well-received Italian debt sale while investors eyed a second auction scheduled on Thursday. During European early afternoon trade, the euro was flat against the U.S. dollar, with EUR/USD hitting 1.3072. Trading volumes remained low seeing as many traders closed books to lock in profit before the end of the year, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – EUR/GBP Range Bound After Italian Debt Sale Posted: 28 Dec 2011 03:05 AM PST Forexpros – The euro was almost unchanged against the pound in thin post-holiday trade on Wednesday, after a well-received Italian bond auction showed a sharp drop in yields. EUR/GBP hit 0.8348 during European morning trade, the daily high; the pair subsequently consolidated at 0.8341, easing up 0.02%. The pair was likely to find support at 0.8314, the low of December 23 and resistance at 0.8372, the previous day's high. With most investors already away on year-end leave, trading volumes … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Singapore Stock Market Update For Wednesday 28 December Posted: 27 Dec 2011 11:30 PM PST Market trades cautiously before ending 2011. We expect volume to pick up after New Year. For conservative investors, we advise to stand on the sideline for now as market has no direction. What we are sure is that 2,700 is a strong resistance. Sentiment –> … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Reader Favorites: Top 10 Commentaries Of 2011 Posted: 27 Dec 2011 10:00 PM PST As we celebrate the holiday season after a challenging year, I am reminded that the most important gifts are love, friendship and goodwill. Alexander Green from InvestmentU shared that sentiment in his newsletter last week highlighting the wonderful story of how Charles Dickens overcame adversity to reshape the way many look at Christmas. Read Alex's piece here.
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