Monday, December 5, 2011

DailyMarkets.com - How To Get More Discounts With Discover Credit Card

DailyMarkets.com - How To Get More Discounts With Discover Credit Card


How To Get More Discounts With Discover Credit Card

Posted: 05 Dec 2011 07:34 AM PST

If you have a Discover (NYSE:DFS) credit card or are considering getting one (the Discover More Card $150 CashBack Bonus is the best offer), you’ll be pleased to know that the Discover online mall has just announced a special holiday promotion whereby more than 70 partner retailers have increased their Cashback Bonus Rewards when you shop through the site. With holidays coming up, most credit card online malls offer 5-20% discount off your original purchase amount, so having a credit card can … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Higher Education Bubble: A Simple Case Of Inflation

Posted: 05 Dec 2011 06:20 AM PST

Glenn Reynolds writing about the higher education bubble in the Washington Examiner:

“This is a simple case of inflation: When you artificially pump up the supply of something (whether it’s currency or diplomas), the value drops. The reason why a bachelor’s degree on its own no longer conveys intelligence and capability is that the government decided that as many people as possible should have bachelor’s degrees. 

There’s something of a pattern here. The government decides to try to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stock Market News Briefs: Apple, Amazon.com, Comcast, Daktronics, Google, Research In Motion Limited, Thomson Reuters Corp, Time Warner Cable Inc, Verizon Communications, Western Digital Corporation

Posted: 05 Dec 2011 06:11 AM PST

    Comcast Corporation (NASDAQ:CMCSA) Time Warner Cable Inc. (NYSE:TWC) and Bright House Networks are considering to put up Advanced Wireless Spectrum for sale to Verizon Communications Inc. (NYSE:VZ) for $3.6 billion

    Western Digital Corp. (NYSE:WDC) upped its revenue forecast for the quarter to $1.8 billion from $1.25 billion

    Apple Inc. (NASDAQ:AAPL) failed to get an injunction from The US District Court in San Jose, California to ban Samsung's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Growing Optimism In The Eurozone

Posted: 05 Dec 2011 06:11 AM PST

Growing hopes of positive momentum on the Euro-zone front will likely help stocks build on last week's strong gains as European leaders meet on Friday for a decisive summit meeting. The expectation is that this week's summit meeting will help provide the framework for greater fiscal integration in the union, which will pave the way for the European Central Bank (ECB) to play a decisive role in propping up individual member country bonds.

On the U.S. front, we have a relatively quite … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Macy’s Sales Rise

Posted: 05 Dec 2011 06:06 AM PST

The saying early bird catches the worm goes well with the retailer Macy's Inc. (M), which for the first time opened its doors at the stroke of midnight on Black Friday to attract customers.
The record Black Friday weekend sales provided an impetus to the retailers' November comp sales who tried every means to woo customers and gain market share amid fierce competition and a sluggish economy. Early hours store openings, huge discounts, promotional activities and free shipping on online … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


FedEx Raises Domestic Rates Again

Posted: 05 Dec 2011 05:51 AM PST

FedEx Corporation (NYSE:FDX) will reportedly raise its freight service prices for the next year. The company's ground and home delivery rates have been raised by 4.9%, effective January.
The hike follows an average rate hike of 3.9% in U.S. domestic, export and import services implemented in October. Concurrently, FedEx had also introduced a general rate hike of 6.75%.
FedEx, along with its peers like United Parcel Service (UPS) have been successful in implementing rate hikes even amid a gloomy … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/JPY Higher As Markets Eye Merkel/Sarkozy Talks

Posted: 05 Dec 2011 05:47 AM PST

Forexpros – The euro was higher against the yen on Monday, as new hopes of progress in tackling the sovereign debt crisis in the euro zone ahead of a Franco-German meeting in Paris boosted demand for the single currency.

EUR/JPY hit 105.00 during European afternoon trade, the daily high; the pair subsequently consolidated at 104.82, gaining 0.37%.

The pair was likely to find support at 103.66, the low of November 22 and resistance at 105.69, the high of December 2.

Markets eyed a meeting … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Starwood Boosts Shareholder’s Value

Posted: 05 Dec 2011 05:35 AM PST

After restraining from share repurchases since the third quarter of fiscal 2008, White Plains, New York-based Starwood Hotels & Resorts Worldwide Inc. (HOT) is recommencing its share repurchase program to boost investors' wealth. The board of directors of the hotel and leisure company has recently approved a share repurchase authorization of $250 million.
In an effort to enhance shareholders' value, the company also pursues a dividend policy. In November 2010, Starwood hiked its annual … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Coffee Futures Advance On Colombia, Brazil Supply Fears

Posted: 05 Dec 2011 05:32 AM PST

Forexpros – Coffee futures advanced on Monday, as adverse weather conditions in top growers Brazil and Colombia underlined concerns over declining global coffee supplies.

On the ICE Futures Exchange, Arabica coffee for March delivery traded at USD2.3105 a pound during U.S. morning trade, climbing 0.62%.

It earlier rose by as much as 1.15% to trade at a daily high of USD2.3275 a pound.

The National Federation of Coffee Growers of Colombia, or Fedecafe, said that the country's coffee … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Celanese Raises Product Prices

Posted: 05 Dec 2011 05:20 AM PST

Effective January 01, 2012, Celanese EVA Performance Polymers Inc., a subsidiary of Celanese Corporation (NYSE:CE), intends to increase the price of all grades of Ateva EVA by $0.10 per pound and LDPE by $0.06 per pound.
Recently, Celanese also entered into an agreement to acquire polyvinyl acetate assets from Ashland Inc. (ASH), including two product lines, Vinac and Flexbond, within the next 60 days.
The acquisition will further the growth of the Emulsion Polymers business while expanding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – Dollar Broadly Lower As EU Summit Hopes Support Euro

Posted: 05 Dec 2011 05:07 AM PST

Forexpros – The U.S. dollar remained modestly lower against its major counterparts on Monday, as market sentiment was buoyed by hopes for progress on stemming the euro zone's debt crisis ahead of a key European Union summit later in the week.

During European afternoon trade, the dollar was down against the euro, with EUR/USD rising 0.36% to hit 1.3440.

German Chancellor Angela Merkel was to hold talks with French President Nicolas Sarkozy later in the day, to outline proposals for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Earnings Picture

Posted: 05 Dec 2011 05:05 AM PST

Third quarter earnings season is effectively over, with 99.2% of the companies, and 99.8% of the expected total earnings in. Total net income growth has been far higher than expected, although the median surprise and the ratio of positive surprises to disappointments is slightly below normal. Thus, I would characterize the season as very good, but we have seen better.

Next we change our focus to the expectations for the fourth quarter. The year over year growth rate for the S&P 500 (so … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


ConAgra Portfolio Firm With Pretzel

Posted: 05 Dec 2011 05:05 AM PST

Food maker ConAgra Foods Inc. (NYSE:CAG) strengthened its portfolio by completing its latest acquisition of pretzel maker National Pretzel Co. from Brookstone Holdings.
According to the deal, ConAgra Foods has acquired all assets of Lancaster, Pa. based National Pretzel. The acquired assets include the HK Anderson and Shultz labels, besides three bakeries located in Lancaster, Pa., Hanover, Pa. and Visalia, Calif. Moreover, more than 700 National Pretzel employees have officially been considered … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


European Stocks Extend Gains On E.Z. Optimism; DAX Up 0.98%

Posted: 05 Dec 2011 04:47 AM PST

Forexpros – European stock markets extended gains on Monday, as French and German leaders were to resume talks on a European fiscal plan ahead of this week's key economic summit.

During European afternoon trade, the EURO STOXX 50 jumped 1.66%, France's CAC 40 climbed 1.58%, while Germany's DAX 30 advanced 0.98%.

French President Nicolas Sarkozy and German Chancellor Angela Merkel were to continue discussions on plan for stricter enforcement of the region's deficit rules that they … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – GBP/USD Finds Support After U.K. Services PMI

Posted: 05 Dec 2011 04:33 AM PST

Forexpros – The pound held gains against the U.S. dollar on Monday, supported by better-than-expected U.K. service sector data while investors remained hopeful for an agreement to contain the euro zone's debt crisis later in the week.

GBP/USD hit 1.5664 during European early afternoon trade, the daily high; the pair subsequently consolidated at 1.5645, gaining 0.31%.

Cable was likely to find support at 1.5575, Friday's low and resistance at 1.5725, Friday's high.

Earlier in the day, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Oil And Gold Aim Higher But Merkel, Sarkozy Meeting Can Alter Outlook

Posted: 05 Dec 2011 04:17 AM PST

Talking Points

Crude Oil Aims Higher as S&P 500 Futures Rise, Merkel/Sarkozy in Focus
Gold Poised to Ride US Dollar Weakness Higher but Conviction is Suspect

WTI Crude Oil (NY Close): $100.96 // +0.76 // +0.76%
S&P 500 stock index futures are pointing firmly higher, hinting crude oil is likely to rise amid a broad-based advance in risk sentiment. The chipper mood may quickly come undone however as German Chancellor Angela Merkel and French President Nicolas Sarkozy meet in Paris in an … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Holds Gains Ahead Of Merkel, Sarkozy Meeting

Posted: 05 Dec 2011 03:57 AM PST

Forexpros – The euro held gains against the U.S. dollar on Monday, as investors awaited the outcome of a meeting between French and German leaders to discuss proposals ahead of Friday's critical European Union summit meeting.

EUR/USD hit 1.3460 during European early afternoon trade, the daily high; the pair subsequently consolidated at 1.3433, gaining 0.31%.

The pair was likely to find support at 1.3362, Friday's low and resistance at 1.3549, Friday's high and an eight-day … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – Euro Pushes Higher On EU Summit Hopes, Italy Measures

Posted: 05 Dec 2011 03:36 AM PST

Forexpros – The euro pushed higher against most of its major counterparts on Monday, buoyed by hopes for an agreement on a plan to address the region's debt crisis at a key summit this week and after Italy unveiled a package of austerity measures.

During European late morning trade, the euro was up against the U.S. dollar, with EUR/USD rising 0.31% to hit 1.3433.

The euro found support after Italian Prime Minister Mario Monti announced a EUR30 billion package of austerity measures … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Soybeans Trade Close To 7-day High On Brazil Crop Concerns

Posted: 05 Dec 2011 03:31 AM PST

Forexpros – Soybean futures rose on Monday, trading close to a seven-day high as adverse weather forecasts fuelled concerns over crop conditions in Brazil, while hopes that European leaders will boost efforts to tackle the region’s debt crisis lent further support.

On the Chicago Mercantile Exchange, soybean futures for January delivery traded at USD11.4350 a bushel during European morning trade, climbing 0.62%.

It earlier rose by as much as 0.75% to trade at USD11.4488 a bushel, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


U.S. Futures Higher On Euro Zone Hopes; Dow Jones Up 0.78%

Posted: 05 Dec 2011 03:20 AM PST

Forexpros – U.S. stock futures pointed to a higher open on Monday, as market sentiment improved amid hopes of progress in dealing with the debt crisis in the euro zone as French and German leaders resumed talks on a potential fiscal pact.

Ahead of the open, the Dow Jones Industrial Average futures pointed to a rise of 0.78%, S&P 500 futures signaled a 0.86% advance, while the Nasdaq 100 futures indicated a 0.74% gain.

French President Nicolas Sarkozy and German Chancellor Angela Merkel … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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