Friday, December 2, 2011

DailyMarkets.com - Markets In Everything: Online Micro-Labor

DailyMarkets.com - Markets In Everything: Online Micro-Labor


Markets In Everything: Online Micro-Labor

Posted: 02 Dec 2011 05:25 PM PST

Hello Heroic: Facebook Meets Craigslist

MINNEAPOLIS (WCCO) — “Cleaning the bathroom, making bag lunches and shoveling the sidewalk, they're all tedious tasks.But now if you're looking for help, you can pay someone else to do those chores with the click of a mouse. You even pick how much those jobs are worth.

It's through a web site called called Hello Heroic. Think Facebook meets Craigslist, but you're in charge.”  Watch video above for more details.

See related WSJ article … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


CD Trivia: New Record For Comments?

Posted: 02 Dec 2011 04:36 PM PST

This November 23 CD post “There Is No Money Pile To Be Shared Equally” might have set a new all-time record for the highest number of comments: 601 so far (see graphic … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


WEC Shares More With Shareholders

Posted: 02 Dec 2011 02:50 PM PST

Energy utility, Wisconsin Energy Corporation (NYSE:WEC) has decided to share more profits with its shareholders. The Board of Directors announced its intention to increase the quarterly dividend rate to 30 cents per share from the current payout of 26 cents per share.
The new quarterly dividend of 30 cents is expected to be distributed on March 1, 2012, to shareholders of record on February 14, 2012. The new annualized dividend rate of $1.20 per share will reflect a growth of 15.4% from the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Hot Option Plays: Island Reversal

Posted: 02 Dec 2011 02:45 PM PST

Cusick’s Corner
This is a classic island reversal, and the shorts could have been the group that held up the market this afternoon. What I mean is that the shorts started to cover (often referred to capitulation) and they were holding up the market at these levels as we go into the weekend and the new trading week. I also thought that the volatility would come in towards the end of the day but it did not, I want to watch that early next week. While we could have some choppy action to downside, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


EA’s ‘Klick’ For Social Games

Posted: 02 Dec 2011 02:35 PM PST

KlickNation is the latest acquisition by Electronic Arts Inc. (NASDAQ:ERTS), aka EA, to strengthen its portfolio and thus generate better traction in the high-in-demand social gaming arena.  This would be EA's second acquisition in the social gaming circuit after it acquired PopCap Games in July 2011. The company had entered the segment with the acquisition of Playfish way back in 2009.
KlickNation develops and publishes free to play games for social networking platforms and has Facebook as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Prudential Reiterated At Neutral

Posted: 02 Dec 2011 02:30 PM PST

We are maintaining our Neutral recommendation on the shares of Prudential Financial Inc. (NYSE:PRU) following the third quarter earnings release. The company lagged our estimates during the third quarter, due to higher one-time charges related to weak equity and interest markets.
However, we expect the company to get over these macroeconomic issues soon as it is actively working to make its business mix less sensitive to these external uncontrollable variables. Prudential has also been aligning … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Railroads Avert Labor Strike

Posted: 02 Dec 2011 02:15 PM PST

An anticipated labor strike looming over the U.S. freight railroad industry has been finally forestalled after the intervention of U.S. Republican House leaders. The alarming possibility of a 90-day labor strike came to a halt when U.S. legislative authorities intervened to restrict any service disruption. 
The National Railway Labor Conference, representing 30 U.S. railroads including Union Pacific Corp. (NYSE:UNP), CSX Corp. (NYSE:CSX), Kansas City Southern (NYSE:KSU) and Norfolk Southern (NYSE:NSC) … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Down At The End Of U.S. Session

Posted: 02 Dec 2011 02:10 PM PST

Forexpros – The Euro was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.

EUR/USD was trading at 1.3392, down 0.52% at time of writing.

The pair was likely to find support at 1.3260, Wednesday's low, and resistance at 1.3550, today's high.

Earlier in the day, official data showed that U.S. non-farm payrolls rose to a seasonally adjusted 120K last month, from 100K in the preceding month whose figure was revised up from 80K.

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


Forex – GBP/USD Down At The End Of U.S. Session

Posted: 02 Dec 2011 02:05 PM PST

Forexpros – The British Pound was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.

GBP/USD was trading at 1.5597, down 0.59% at time of writing.

The pair was likely to find support at 1.5459, Monday's low, and resistance at 1.5780, Wednesday's high.

Earlier in the day, official data showed that U.S. non-farm payrolls rose to a seasonally adjusted 120K last month, from 100K in the preceding month whose figure was revised up from 80K.

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


Stocks End Flat During Week Of Extraordinary Gains

Posted: 02 Dec 2011 02:00 PM PST

12/02/11 NYFP’s Closing Bell Report: Following a week of massive gains, US stocks closed out the final trading session flat despite positive employment … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – USD/JPY Up At The End Of U.S. Session

Posted: 02 Dec 2011 02:00 PM PST

Forexpros – The U.S. Dollar was higher against the Japanese Yen on Friday after the release of U.S. data on Unemployment Rate.

USD/JPY was trading at 77.99, up 0.37% at time of writing.

The pair was likely to find support at 77.30, Wednesday's low, and resistance at 78.28, Tuesday's high.

Earlier in the day, official data showed that the U.S. unemployment rate fell unexpectedly to a seasonally adjusted 8.6% last month, from 9.0% in the preceding month.

Analysts had expected the U.S. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Sprint, Clearwire Extend Contract

Posted: 02 Dec 2011 01:55 PM PST

Sprint Nextel Corp. (NYSE:S) entered a new network-sharing deal with Clearwire Corporation (NASDAQ:CLWR). The new deal, worth $1.6 billion, is an extension of the existing one that was to expire by the end of next year. Sprint buys WiMax wireless capacity from Clearwire and then resells services to its own customers.
As per the terms of the new deal, Sprint, which owns a hefty 54% stake in Clearwire, would pay $926 million to use the unlimited WiMax network of the latter for its 4G Long-Term Evolution … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Preview: AutoZone Inc.

Posted: 02 Dec 2011 01:50 PM PST

AutoZone Inc. (NYSE:AZO) expects to release its first quarter 2012, ended November 19, 2011, on December 06, 2011 before the opening bell. Memphis, Tennessee-based AutoZone earned a profit of $7.18 in the fourth quarter of fiscal 2011, beating the Zacks Consensus Estimates of $6.98 per share.
For the upcoming quarter, the Zacks Consensus Estimate for AutoZone is pegged at $4.45 per share, reflecting an annualized growth of 18%. There is no upside potential for the estimate.   
With … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Skyworks Lowers Price For Analogic

Posted: 02 Dec 2011 01:50 PM PST

Skyworks Solutions, Inc. (NASDAQ:SWKS) recently announced that it has amended its previously announced merger agreement with Advanced Analogic Technologies, Inc. (NASDAQ:AATI).
Advanced Analogic Technologies Inc. (AATI) provides advanced power management semiconductor solutions which support automotive, broadband, cellular infrastructure, energy management, industrial, medical, military and mobile handset applications.
The merger was announced in May 2011. On May 26, 2011, Skyworks announced that it will … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Little Hope And Not Much Change

Posted: 02 Dec 2011 01:42 PM PST

The John J. Heldrich Center for Workforce Development at Rutgers University has published an updated working paper, Categorizing the Unemployed by the Impact of the Recession, detailing the results of surveys conducted from August 2009 through August 2011 of American workers who lost a job during the height of the Great Recession.
According to the report, most of those polled have seen little evidence of the “recovery” that Washington and Wall Street keep harping on about.
Just 7% of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Jabil Completes Telmar Acquisition

Posted: 02 Dec 2011 01:35 PM PST

Jabil Circuit Inc. (NYSE:JBL) recently announced that it has completed the acquisition of Texas-based Telmar Network Technology, Inc., a global provider of after market services to communication network service providers, enterprise and original equipment manufacturers (OEM).
The acquisition will enable Jabil to develop a multi-vendor after-market services platform, which will provide end-to-end network maintenance services, thereby enhancing the operating efficiency of its customers.
The company … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Costco Sustains Sales Momentum

Posted: 02 Dec 2011 01:25 PM PST

Costco Wholesale Corporation (NASDAQ:COST), one of the leading U.S. warehouse club operators, recently posted healthy sales data for the four-week period ended November 27, 2011.
The company has been able to maintain its sales momentum. After a 9% increase in October 2011, Costco's comparable-store sales for the month of November climbed an equal percentage, reflecting comparable sales growth of 9% both at its U.S. locations and international divisions.
For the thirteen-week period ended … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Is Gold Going To Hit $2000 By 2012?

Posted: 02 Dec 2011 01:12 PM PST

Quoted In Barron's
"The world is navigating troubled waters," observed Jeb Handwerger, editor of Gold Stock Trades. "What we … witnessed the day after the rally (yesterday's session) was a technical day of rest before the upward move of the DJIA and the S&P 500 resumes their upward trends."
At its current pace today, GLD's headed to a 3%-plus weekly gain. Likewise, SLV's working on a better-than 4% advance for the week.
But consider the small-cap focused  Market … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Alexion’s Soliris EU Label Expands

Posted: 02 Dec 2011 01:10 PM PST

Good news flowed in at Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) from Europe regarding its drug Soliris (eculizumab). The company recently received clearance from the European Commission (EC) to market Soliris for treating children and adults suffering from atypical hemolytic uremic syndrome (aHUS), an ultra-rare genetic disorder, in the European Union (EU). The disorder often leads to heart attack, stroke or kidney failure, any of which can be fatal.
We note that Soliris, Alexion's sole … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Banks Face Foreclosure Charge Again

Posted: 02 Dec 2011 01:05 PM PST

In yet another major setback for the foreclosure settlement, Massachusetts Attorney General (AG) Martha Coakley filed a lawsuit against – JPMorgan Chase & Co. (NYSE:JPM), Bank of America Corporation (NYSE:BAC), Citigroup Inc. (NYSE:C), Wells Fargo & Company (NYSE:WFC) and Ally Financial Inc. – for alleged violation of foreclosure practices. Further, Mortgage Electronic Registration System Inc. (MERS) and its parent company have also been named as defendants.
Allegations
The lawsuit alleges that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Autos: Pent-Up Demand Or Recovery?

Posted: 02 Dec 2011 12:50 PM PST

Despite uncertainties in the market, consumers did not step back from the automobile showrooms in November as they felt the ardent need to change their old cars in the garage. Why wouldn't they be, when the average age of vehicles on U.S. roads is almost 11 years and used cars are worth more at trade-in!
The pent-up demand resulted in an impressive 10.6% rise in sales to seasonally adjusted annual rate (SAAR) of 13.6 million units in November from 12.28 million in the same month of 2010 while … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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

Posted: 02 Dec 2011 12:45 PM PST

Forexpros – The British Pound was lower against the U.S. Dollar on Friday after the release of U.S. data on Unemployment Rate.

GBP/USD was trading at 1.5594, down 0.62% at time of writing.

The pair was likely to find support at 1.5459, Monday's low, and resistance at 1.5780, Wednesday's high.

Earlier in the day, official data showed that the U.S. unemployment rate fell unexpectedly to a seasonally adjusted 8.6% last month, from 9.0% in the preceding month.

Analysts had expected the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Corning Falls On Unclear Glass View

Posted: 02 Dec 2011 12:35 PM PST

Corning Inc. (NYSE:GLW) slashed its fourth quarter Gorilla Glass sales outlook when a major South Korean customer dishonored its glass display purchase contract.
Corningcut its Gorilla Glass fourth quarter sales forecast to a sequential decline of 25% from a 15% sales decline. LCD glass prices are also expected to decline sequentially in the fourth quarter. As a result, consolidated equity earnings are expected to be down 30% as opposed to down 5% guided originally.
Corninghad taken the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Jobs Created Of Better Quality

Posted: 02 Dec 2011 12:25 PM PST

Over the last year, the economy is actually doing a much better job of creating "good jobs" than it has been in creating “bad jobs.” The total number of new jobs for people 25 or older is 1.242 million. Of those, 1.093 million went to people with a Bachelor’s degree (or better). High school graduates have been the big losers, on balance losing 187,000 jobs, but high school dropouts have seen the addition of 218,000 jobs.

So on balance, a very small gain for those who never went to college. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


LabCorp Extends Orchid Bid Again

Posted: 02 Dec 2011 12:20 PM PST

Laboratory Corporation of America Holdings (NYSE:LH) has once again extended the tender offer for Orchid Cellmark (NASDAQ:ORCH) until December 9, 2011. The company had earlier extended the tender offer to November 30.
In May 2011, the company received a request from the Federal Trade Commission (FTC) for some additional information related to the transaction. LabCorp is cooperating with the FTC on this issue. To date, about 88.2% of the outstanding shares of Orchid have been tendered.
LabCorp had … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – USD/CAD Up In U.S. Trade

Posted: 02 Dec 2011 12:10 PM PST

Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.

USD/CAD was trading at 1.0177, up 0.37% at time of writing.

The pair was likely to find support at 1.0080, today's low, and resistance at 1.0432, Monday's high.

Earlier in the day, official data showed that U.S. non-farm payrolls rose to a seasonally adjusted 120K last month, from 100K in the preceding month whose figure was revised up from 80K.

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


Forex – EUR/USD Down In U.S. Trading Hours

Posted: 02 Dec 2011 11:45 AM PST

Forexpros – The Euro was lower against the U.S. Dollar on Friday after the release of U.S. data on Unemployment Rate.

EUR/USD was trading at 1.3400, down 0.45% at time of writing.

The pair was likely to find support at 1.3260, Wednesday's low, and resistance at 1.3550, today's high.

Earlier in the day, official data showed that the U.S. unemployment rate fell unexpectedly to a seasonally adjusted 8.6% last month, from 9.0% in the preceding month.

Analysts had expected the U.S. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – AUD/USD Down In U.S. Trade

Posted: 02 Dec 2011 11:15 AM PST

Forexpros – The Australian Dollar was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.

AUD/USD was trading at 1.0223, down 0.20% at time of writing.

The pair was likely to find support at 0.9804, Monday's low, and resistance at 1.0329, Wednesday's high.

Earlier in the day, official data showed that U.S. non-farm payrolls rose to a seasonally adjusted 120K last month, from 100K in the preceding month whose figure was revised up from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For ETF Trading On Monday, December 5, 2011

Posted: 02 Dec 2011 04:03 AM PST

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Monday, December 5, 2011

The top 40 ETFs by net assets
In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AGG – iShares Lehman Aggregate Bd Fd
109.12
+ 0.26
109.08
109.14

Neutral

BND – Vanguard Total Bond Market ETF
83.40
+ 0.32
83.23
83.32

Bullish

DBC – DB Commodity Index Tracking Fd
27.78
+ 0.91
27.66
27.49

Bullish

DIA – SPDR DJ Industrial Average … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Futures Trading On Monday, December 5, 2011

Posted: 02 Dec 2011 04:03 AM PST

By ForexMansion.com

The Trend Trader for Futures
For Trading On Monday, December 5, 2011

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Dec ESZ1
1243.50
0.00
1239.36
1225.17

Bullish

Dow Jones – Dec YMZ1
12001
− 0.02
11969
11830

Bullish

Nasdaq – Dec NQZ1
2303.25
− 0.26
2293.92
2275.42

Bullish

Russell – Dec TFZ1
732.90
+ 0.16
730.31
717.97

Bullish

INTEREST RATES

US T-Bond – Mar ZBH2
141-26
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Stock Trading On Monday, December 5, 2011

Posted: 02 Dec 2011 04:03 AM PST

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Monday, December 5, 2011

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
9.91
+ 1.02
9.90
9.76

Bullish

AXP – American Express Company
48.23
+ 0.92
47.95
47.58

Bullish

BA – Boeing Co
71.30
+ 0.45
69.98
69.27

Bullish

BAC – Bank of America Corporation
5.64
+ 1.99
5.52
5.52

Bullish

CAT – Caterpillar Inc
96.29
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Forex Trading On Monday, December 5, 2011

Posted: 02 Dec 2011 04:03 AM PST

By ForexMansion.com

The Trend Trader for Forex
For Trading On Monday, December 5, 2011

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0210
− 0.32
1.0218
1.0110

Neutral

EURUSD – Euro / US Dollar
1.3402
− 0.44
1.3439
1.3403

Bearish

GBPUSD – British Pound / US Dollar
1.5595
− 0.60
1.5665
1.5611

Bearish

USDCAD – US Dollar / Canadian Dollar
1.0192
+ 0.54
1.0181
1.0240

Neutral

USDCHF – US Dollar … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


What Makes The U.S. Special

Posted: 01 Dec 2011 10:00 PM PST

Technology from innovative companies in Silicon Valley—think Apple, Google, Amazon.com and Facebook—has permeated our workplace and home. As one tiny example, what startup company provided the smartphone, computer or even printed version allowing you to read this blog right now?
Experts analyzing Silicon Valley's economic power use Apple as an example: Two poor, hard-working guys had the freedom to set up shop in a garage, and by pure ingenuity and skill and creativity, grew their … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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