Friday, December 16, 2011

DailyMarkets.com - MeadWestvaco Eyes $1B More In Sales

DailyMarkets.com - MeadWestvaco Eyes $1B More In Sales

MeadWestvaco Eyes $1B More In Sales

Posted: 16 Dec 2011 03:40 PM PST

MeadWestvaco Corp. (NYSE:MWV) at its investor meeting divulged that it is targeting$1 billion of incremental revenue over the next three to five years by pursuing growth strategies like commercial excellence, focusing on emerging markets, and product innovation.
The company is looking at an average annual growth of 5%-10% by continuing to build its strong packaging platform that cater targeted end markets, including food, beverage, tobacco, personal care, home and garden, healthcare, as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Market’s Early Gains Pared Back – Action Mixed

Posted: 16 Dec 2011 03:36 PM PST

Cusick’ Corner
The After Hours traded as I was anticipating, choppy. This week was encouraging, and what I mean is that all week we got barraged with bleak headlines out of the EU and China and then we continued to see treasuries bid up, but the market never really ramped up any meaningful selling. This has been a tough week, one that has been hard to read, and a deserved rest into next week is in order. Again, if you are looking for ideas this weekend, use the volatility searches on the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Good News For AstraZeneca

Posted: 16 Dec 2011 03:20 PM PST

Good News flowed in at AstraZeneca (NYSE:AZN) from Germany when the country's medical assessment body (the Federal Joint Committee) issued a positive final verdict for the company's cardiovascular drug, Brilique. Brilique, which belongs to the cyclopentyltriazolopyrimidines (CPTPs) group, is an oral antiplatelet therapy for treating patients suffering from acute coronary syndrome (ACS).
The positive final assessment reaffirms the preliminary assessment in October this year that Brilique offers … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Charles River Guides Higher

Posted: 16 Dec 2011 03:10 PM PST

Charles River Laboratories International Inc. (NYSE:CRL) provided a bright outlook for 2012 as it expects adjusted earnings to be 7-11% higher than the midpoint of the projected earnings range for 2011. The company expects 2012 net sales, on an adjusted basis, to grow in the range of 2-4%.
For 2011, the company expects revenue growth to be slightly higher than that recorded in 2010. The improved outlook is attributable to the return of stability in the market where Charles River operates.
Charles … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Just As Ugly With Less

Posted: 16 Dec 2011 02:59 PM PST

In “50 Economic Numbers From 2011 That Are Almost Too Crazy To Believe,” the Economic Collapse blog offers up a hefty list of bullet points that accurately describe an economy teetering on the edge of disaster. That said, 50 might just be a bit of overkill. In truth, the 10 I’ve highlighted below paint a pretty frightening picture of just how bad things really are.
#1 A staggering 48 percent of all Americans are either considered to be “low income” or are living in poverty.
#2 Approximately 57 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Coca-Cola To Minimize Plastics Use

Posted: 16 Dec 2011 02:55 PM PST

In an effort to minimize the usage of plastics, The Coca-Cola Company (NYSE:KO) has joined with the three biotechnology companies to commercially build up 100% plant-based plastic bottles made from renewable sources.
The new bio-based plastic bottles will be a breakthrough in the first-generation PlantBottle packaging, which was initiated in 2009 and which was the only fully recyclable PET bottle made with up to 30% plant-based material called MEG (mono-ethylene glycol). The remaining 70% was made … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MetLife Reinstated At Neutral

Posted: 16 Dec 2011 02:50 PM PST

We have reiterated our Neutral recommendation on MetLife Inc. (NYSE:MET) based on its consistent progress from the ALICO acquisition, partially offset by higher expenses, consistent low rate environment and restricted growth vision on MetLife Bank.
MetLife reported third quarter operating earnings per share of $1.11, triple pennies ahead of both the Zacks Consensus Estimate and the year-ago quarter. Operating earnings also accelerated 23% year over year to $1.18 billion from $958 million in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wells Fargo To Acquire EverKey

Posted: 16 Dec 2011 02:50 PM PST

Wells Fargo & Company (NYSE:WFC) has agreed to purchase investment boutique firm EverKey Global Partners in an effort to broaden its investment capabilities and provide strategies to meet the needs of its clients. The two companies have signed a definitive agreement in this context.
The deal is expected to close by January 1, 2012. However, the terms of the deal were not disclosed.
Established in December 2007 by Jeff Everett, EverKey offers global equity strategies to institutional clients. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Stocks Post Weekly Loss, Moody’s Downgrades Belgium

Posted: 16 Dec 2011 02:50 PM PST

12/16/11 The major US equity averages ended Friday mixed, but slid over -2.5% for the week. Fitch affirmed France’s AAA rating, but Moody’s downgraded Belgium by two notches after the closing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Defaults Plunge For AmEx & Discover

Posted: 16 Dec 2011 02:49 PM PST

Yesterday, major credit card companies American Express Co. (NYSE:AXP) (AmEx) and Discover Financial Services (NYSE:DFS) reported a drop in defaults and delinquency rates for November 2011, implying a favorable credit quality.
Delinquency rates…
Accordingly, the delinquency rate, indicating the future rate of default, for AmEx, 30 days, was recorded at 1.5% of balances, at par with that reported in October and September this year. However, this came in lower than 2.2% of balances recorded in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Housing In The Spotlight

Posted: 16 Dec 2011 02:30 PM PST

Earnings Preview 12/16/11

There will only be a handful of firms reporting next week as the third quarter reporting season is almost over. A total of just 34 firms are scheduled to report, including 13 of the S&P 500. Most of the firms reporting have November fiscal period-ends, which means that they are reporting fourth quarter results.

While few in number, some of the reports come from firms that are highly significant in that they will give clues to the overall direction of earnings in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Disney Extends NCAA Rights

Posted: 16 Dec 2011 02:30 PM PST

According to ESPN media zone, The Walt Disney Company (NYSE:DIS) recently entered into a multiyear agreement with the National Collegiate Athletic Association (NCAA) for international broadcasting rights of Men's Basketball.
The newly announced deal will be effective immediately and runs through 2023-24.
Deal Details
According to the pact, Disney will shell out $500 million over the tenure of the deal for the extension of its international broadcast rights to 24 NCAA championships and exclusive … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Dollar Falls On Short-lived Appetite For Risk

Posted: 16 Dec 2011 02:18 PM PST

Forexpros – The dollar finished lower to mixed against major currencies on Friday after global markets took tame data out of the U.S. and a lack of bad news out of Europe as a sign to sell greenbacks and buy other assets deemed a little riskier but more rewarding.

However, reports that Fitch Ratings revised the outlook for AAA-rated France and also warned that six other European countries were at risk for downgrades dampened optimism.

Meanwhile inflation data out of Washington came in flat, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Fitch Downgrades Global Bigwigs

Posted: 16 Dec 2011 02:15 PM PST

Adding to the ongoing economic concerns, Fitch Ratings lowered its viability ratings on eight major global banks on Thursday. Moreover, long-term issuer-default ratings were also downgraded on six major U.S. and European banks.
The banks experiencing fall in their viability ratings includes Wall Street giants – Bank of America Corporation (NYSE:BAC), The Goldman Sachs Group Inc. (NYSE:GS) and Morgan Stanley (NYSE:MS). The ratings were lowered to "bbb+", "a", and "a-" from "a-", … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

NCO & Delinquency A Mixed Bag

Posted: 16 Dec 2011 02:15 PM PST

The regulatory filings by major credit card companies have disclosed mixed results in credit card defaults and delinquency rate for November 2011. According to these filings, three of the nation’s top six credit card companies reported a decline in card defaults, while two of them recorded lower delinquency rates.
In comparison with the prior month,Bank of America Corporation (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), and Discover Financial Services (NYSE:DFS) recorded a fall in their respective … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

TTEK Reiterated At Neutral

Posted: 16 Dec 2011 02:05 PM PST

We recently maintained a Neutral recommendation on Tetra Tech Inc. (NASDAQ:TTEK).
Based in Pasadena, California, Tetra Tech Inc. is a leading provider of consulting, engineering, program management, construction and technical services focusing on resource management and infrastructure. It serves clients by providing cost-effective and innovative solutions to fundamental needs like water, environmental and alternative energy services.
It typically begins at the earliest stage of a project by applying … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Monetary Policy Week In Review – 17 Dec 2011

Posted: 16 Dec 2011 01:58 PM PST

The past week in monetary policy saw interest rate decisions announced by 11 central banks.  Of those adjusting interest rates, all were reductions; Mozambique -100bps to 15.00%, Mauritius -10bps to 5.40%, Norway -50bps to 1.75%, and Denmark -10bps to 0.70%.  Meanwhile those that held interest rates unchanged were: US 0-0.25%, Hong Kong 0.50%, Chile 5.25%, Switzerland 0-0.25%, Sri Lanka 7.00%, India 8.50%, and Colombia 4.75%.  The US FOMC also announced no changes to its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Apache To Start Gulf Project

Posted: 16 Dec 2011 01:50 PM PST

Apache Corporation (NYSE:APA) announced that, along with co-partners, it will go ahead with the development of the deepwater Lucius project in the Gulf of Mexico.
The project is located in the Keathley Canyon area – including portions of the blocks 874, 875, 918 and 919 – and about 200 miles southeast of Houston at a water depth of 7,000 feet.
Apache holds 11.7% working interest in the Lucius venture through its subsidiary Apache Deepwater LLC. Anadarko Petroleum Corporation (NYSE:APC) acts as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Salesforce To Acquire Rypple

Posted: 16 Dec 2011 01:50 PM PST

Cloud computing major Salesforce.com (NYSE:CRM) recently announced that it has entered into an agreement to acquire human resource software company Rypple, which specializes in performance management and goal-setting.
The deal is subject to some customary conditions and is expected to be completed by the first quarter. The company, however, revealed that the acquisition will have a negligible impact on its fiscal 2013 revenues.
The to-be-acquired company, Rypple, offers a cloud-based platform that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

IMF Sees Risks Intensifying

Posted: 16 Dec 2011 01:50 PM PST

The International Monetary Fund (IMF) has sounded another caveat about the deepening global crisis. According to Christine Lagarde, IMF's Managing Director, the crisis is unfolding, escalating and spreading across the world. She has even suggested that the world could see a re-run of the depression of the 1930s.
The warning follows IMF's indication earlier in the month that world growth forecast could be lowered, when the estimate is re-visited in January. The view is somewhat endorsed by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EA’s Star Wars Set To Release

Posted: 16 Dec 2011 01:50 PM PST

Electronic Arts Inc. (NASDAQ:ERTS), aka EA, is set to showcase Star Wars: The Old Republic live on December 20, in North America and Europe. However, customers who preordered the popular Massively Multiplayer Online Role Playing Game (MMORPG) have been allowed to preload the game and play from December 13.
This move by the company was to ensure that the servers function properly without any hitches on the first day of launch. The company had to go in for this testing as reports suggested that the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Stocks Fall After Fitch Warns On Europe; Dow Down 0.02%

Posted: 16 Dec 2011 01:49 PM PST

Forexpros – U.S. stocks finished mixed to lower on Friday after Fitch Ratings said it was sticking with its AAA rating for France but revising its outlook down while warning that downgrades were possible for six other eurozone countries.

The Dow Jones Industrial Average closed down 0.02%, while the S&P 500 index was up 0.32% and the Nasdaq Composite index gained 0.56% on Friday.

In the U.S. on Friday, the government reported that November inflation came in flat from October, off from a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GM To Resume Cruze Production

Posted: 16 Dec 2011 01:30 PM PST

General Motors Company (NYSE:GM) announced that it will resume production of Cruze compact cars at its Lordstown, Ohio plant. The company halted production at the plant from the beginning of this week due to a supplier issue.
The Lordstown plant has been opened in 1966 with three facilities – vehicle assembly, metal center and paint shop. It is currently operating on a three-shift schedule with approximately 4,500 employees.
Last month, GM's sales grew 6.9% to 180,402 vehicles, driven by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Marietta Seeks Clarity In Deal Terms

Posted: 16 Dec 2011 01:20 PM PST

Earlier this week, Martin Marietta Materials, Inc. (NYSE:MLM) announced that it will commence an unsolicited exchange offer to acquire all the outstanding shares of Vulcan Material Company's (NYSE:VMC) common stock at a fixed exchange ratio of 1:2. More specifically, as per the exchange offer, each of Vulcan's common stockholders will receive 0.50 shares of Martin Marietta common stock.
However, soon after the announcement, Martin Marietta filed a litigation in the Delaware Court of Chancery … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Regulators Nod To Sempra-PG&E Deal

Posted: 16 Dec 2011 01:05 PM PST

The 25-year contract between Sempra Generation, a subsidiary of Sempra Energy (NYSE:SRE) and Pacific Gas and Electric Company (PG&E), a subsidiary of PG&E Corporation (NYSE:PCG) has received formal approval from the California Public Utilities Commission. Post approval, PG&E is eligible to buy renewable power from Sempra's 150 megawatts (MW) Copper Mountain Solar 2 project that is located in Boulder City, Nevada.
The solar project will use First Solar, Inc.'s (NASDAQ:FSLR) ground mounted … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Honeywell Issues 2012 Guidance

Posted: 16 Dec 2011 12:55 PM PST

Honeywell International Inc. (NYSE:HON) issued its financial guidance for 2012 while reaffirming its outlook for the current year. The company expects a 4% to 7% increase in its 2012 sales in comparison to 2011, with the forecasted sales range of $37.8 billion to $38.9 billion for 2012.
Earnings per share (EPS) for the next year are expected to be $4.25-4.50, representing a year-over-year increase of 6% to 12%. Pro forma EPS from continuing operations will witness projected growth of 13% to 19%, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Jabil Circuit

Posted: 16 Dec 2011 12:50 PM PST

Jabil Circuit Inc. (NYSE:JBL) is set to announce its fiscal first quarter 2012 results on Tuesday, December 20, after the closing bell. In the run up to the earnings results, we did not notice a substantial movement in analysts' estimates for the quarter.
Prior Quarter Highlights
The company reported fourth quarter 2011 earnings of 54 cents per share, beating the Zacks Consensus Estimate by a nickel.
Earnings per share (EPS) increased 81.9% from 30 cents (including stock-based compensation but … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

UTX Reaffirms 2012 Outlook

Posted: 16 Dec 2011 12:50 PM PST

United Technologies Inc. (NYSE:UTX) reaffirmed its fiscal 2012 guidance of earnings of $5.47 a share and revenues of approximately $58 billion. However, the recent acquisition of Goodrich Corp. is expected to dilute the earnings by about 40 cents. Therefore, excluding the acquisition, the company expects earnings for next year to be in the range of $5.80 to $6.00 a share (up 6% to 10% year over year).
In September 2011, UTX had acquired Goodrich Corp. for $18.4 billion which is a global supplier … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Markets In Everything: Mobile Cigar Lounge

Posted: 16 Dec 2011 12:39 PM PST

“Today's smoking bans may cramp some consumers' style, but they've also launched a world of new business innovations. Now joining the ranks of ashvertising, social e-cigarettes and digitally enhanced packaging is CigaRv, a "Mobile Man Cave" on wheels that brings a cigar lounge to any event, regardless of local smoking laws (see photo … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

A.M. Best Rates WellPoint Securities

Posted: 16 Dec 2011 12:35 PM PST

Yesterday, rating agency A.M. Best Co. assigned ratings to WellPoint Inc.'s (NYSE:WLP) securities that were recently registered through the universal shelf registration process. The rating agency assigned a "bbb+" rating to the company's senior unsecured debt, "bbb" to subordinated debt and "bbb-" to preferred stock with a stable outlook.
Shelf registration is a process authorized by the U.S. Securities and Exchange Commission, which allows a single registration document to be … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

World Stock Markets Are Correlated

Posted: 16 Dec 2011 12:21 PM PST

If thanks are in order then it's from me to all of you.  It's because of you that I take the time to be analytic, to look at the forest instead of at the trees, to look in places and … Continue reading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

PEG To Serve LIPA In 10-Yr Deal

Posted: 16 Dec 2011 12:20 PM PST

PSEG Long Island LLC, a subsidiary of Public Service Enterprise Group Inc. (NYSE:PEG) has received a 10-year contract from Long Island Power Authority ("LIPA") to manage its electric transmission and distribution system. Per the contract, the company will look after and provide safe and reliable service to 1.1 million LIPA customers. 
Lockheed Martin Corporation (NYSE:LMT) is a subcontractor of PSEG Long Island and will be engaged in providing transition management, information technology, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Central Bank Of Colombia Holds Interest Rate At 4.75%

Posted: 16 Dec 2011 12:17 PM PST

The Central Bank of Colombia held its monetary policy interest rate unchanged at 4.75%.  The Bank said [translated]: “the main risk to inflation coming from excessive expansion in demand or increases in cost overruns, with strong and lasting effects on expectations and credibility of monetary policy. In a longer time horizon, excessive credit growth and continued low interest rates could be a source of financial imbalances have negative consequences on the sustainability of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Reserve Bank Of India Pauses Repo Rate At 8.50%

Posted: 16 Dec 2011 12:02 PM PST

The Reserve Bank of India [RBI] paused its repo rate at 8.50% and also held the reverse repo rate at 7.50%, and cash reserve ratio at 6 percent.  The RBI said: “On the domestic front, growth is clearly decelerating. This reflects the combined impact of several factors: the uncertain global environment, the cumulative impact of past monetary policy tightening and domestic policy uncertainties.Both inflation and inflation expectations are currently above the comfort level of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Willis: “Market Fading On Rumors”

Posted: 16 Dec 2011 12:00 PM PST

12/16/11 Sunrise Securities’ Ben Willis discusses this week’s trading action in equities and commodities, and expectations heading into the final weeks of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Softens As Greenback Selloff Abates

Posted: 16 Dec 2011 11:58 AM PST

Forexpros – Sentiment the U.S. is moving closer to firmer economic footing sparked global appetite for risk on Friday, sending investors buying currencies like the pound in search of more rewarding assets worldwide, although the mood tempered in late trading.

GBP/USD was trading at 1.5500, down 0.09% after posting strong gains in afternoon trading on Friday, down after topping out at 1.5557.

The pair sought to test technical support at 1.5487 and resistance at 1.5504.

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

HKMA Keeps Interest Rate At 0.50% Following Fed

Posted: 16 Dec 2011 11:51 AM PST

The Hong Kong Monetary Authority sustained its base interest rate unchanged at 0.50% following the decision of the US Federal Reserve to leave the fed funds rate unchanged at 0-0.25%.  The HKMA said in a report: “Worries about the global economic prospect have escalated over the past few months. The pace of recovery in the G2 economies has been much weaker than expected, triggering repeated downgrades of their output growth projections. Market confidence has also become … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Oil Extends Slide, Down To 6-week Low

Posted: 16 Dec 2011 09:00 AM PST

12/16/11 Crude oil slid below $93/bbl to extend its losses. The commodity is seeing technical pressure, ending a week of sharp … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Monday, December 19, 2011

Posted: 16 Dec 2011 04:02 AM PST

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Monday, December 19, 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
110.05
+ 0.34
109.88
109.85

Bullish

BND – Vanguard Total Bond Market ETF
84.05
+ 0.27
83.88
83.84

Bullish

DBC – DB Commodity Index Tracking Fd
26.17
+ 0.81
26.14
26.49

Neutral

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

The Trend Trader For Stock Trading On Monday, December 19, 2011

Posted: 16 Dec 2011 04:02 AM PST

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Monday, December 19, 2011

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
8.81
+ 0.34
8.90
9.01

Bearish

AXP – American Express Company
46.88
+ 0.99
46.97
47.29

Bearish

BA – Boeing Co
71.01
+ 0.57
70.75
71.13

Neutral

BAC – Bank of America Corporation
5.20
− 1.14
5.27
5.32

Bearish

CAT – Caterpillar Inc
87.20
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Futures Trading On Monday, December 19, 2011

Posted: 16 Dec 2011 04:02 AM PST

By ForexMansion.com

The Trend Trader for Futures
For Trading On Monday, December 19, 2011

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Mar ESH2
1211.00
− 0.06
1212.19
1221.17

Bearish

Dow Jones – Mar YMH2
11778
− 0.37
11808
11875

Bearish

Nasdaq – Mar NQH2
2232.75
+ 0.43
2236.67
2256.58

Bearish

Russell – Mar TFH2
718.40
+ 0.76
712.29
720.07

Neutral

INTEREST RATES

US T-Bond – Mar ZBH2
145-09
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Forex Trading On Monday, December 19, 2011

Posted: 16 Dec 2011 04:02 AM PST

By ForexMansion.com

The Trend Trader for Forex
For Trading On Monday, December 19, 2011

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
0.9968
+ 0.48
0.9946
1.0014

Neutral

EURUSD – Euro / US Dollar
1.3037
+ 0.17
1.3014
1.3121

Neutral

GBPUSD – British Pound / US Dollar
1.5543
+ 0.21
1.5495
1.5536

Bullish

USDCAD – US Dollar / Canadian Dollar
1.0384
+ 0.37
1.0367
1.0330

Bullish

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

“January Effect” Begins Now

Posted: 15 Dec 2011 10:00 PM PST

Followers of The Stock Trader's Almanac are probably familiar with the "January Effect" that shows how small-capitalization companies have historically crushed large-cap stocks during the first month of the year. According to Yale and Jeffrey Hirsch, small-caps have delivered a forceful blow to their larger counterparts in 40 out of 43 years from 1953 through 1995.
But if you dissect the performance of the small-cap Russell 2000 Index versus the large-cap Russell 1000 Index from December … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
at

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