DailyMarkets.com - Sitoa Global Eyes E-Commerce Growth Worldwide |
- Sitoa Global Eyes E-Commerce Growth Worldwide
- Coca-Cola Expands In Saudi Arabia
- Arotech Awarded Another Contract
- Donnelley Wins IMG Contract
- IBM To Acquire Emptoris
- Forex Trading: EURUSD Making Floors And Ceilings Today
- Strong Quarter At CrowdGather
- AutoZone Expands In Canada
- Stock Market News Briefs: CalAmp Corp., FedEx, Lam Research, Nordson, Novellus Systems, SonoSite
- RIMM Beats Estimate, Outlook Grim
- AmerisourceBergen Backs FY12 View
- Golden Phoenix Advancing Multiple Projects In Panama, Peru And Nevada
- Disappointing 3Q For Mechel
- Traders Showing No Love For The Euro
- Forex Trading: EURUSD Consolidates After Surge Higher. Market Looks For The Next Move.
- Forex Trading: GBPUSD Breaks Above Resistance But Not With Much Momentum.
- Euro Back Above 1.3000 As Funding Concerns Ease, For Now
- Speedy Review For Vertex’ CF Drug
- Forex – USD/CAD Down On Economic Data
- CPI In-Line, But Does The Market Care?
- St. Jude Announces Buyback
- Nat Gas Drops In Price, Thanks To Abundant Supply
- Nucor Issues 4Q Guidance
- Amid The Gloom, U.S. Economy Quietly Improves
- Canadian Foreign Securities Purchases Rise Less-than-expected
- Forex – EUR/USD Up On Economic Data
- U.S. Consumer Price Inflation Remains Unchanged Unexpectedly
- RAD’s 3Q Improves, Revises Guidance
- Forex Trading: EURUSD Breaks Higher
- Year End Sale On Gold, Silver And The Mining Stocks
- Accenture Beats Despite Euro Crisis
- Crude Oil Bounces Higher From Near Six Week Low
- AIR Revs Up, Misses Estimate
- What About The Economy?
- Forex – Dollar Weaker As Investors Embrace Risk
- Forex – AUD/USD Up In European Trading Hours
- Inside Skinny On Using Gifts For Down Payment On Home
- Forex – USD/CHF Down During The European Session
| Sitoa Global Eyes E-Commerce Growth Worldwide Posted: 16 Dec 2011 08:15 AM PST Sitoa Global Eyes E-Commerce Growth Worldwide Sitoa Global Inc. (STOA), is an e-commerce facilitator that engages in the development, integration and hosting of B2C (business-to-consumer) social e-commerce sites. Sitoa formed Sonsi.com with Charming Shoppes, Inc. (NASDAQ:CHRS) which brings together a customer base of plus sized women in an effort to create a social network combined with a focused on-line storefront. The firm has expanded into China and Southeast Asia and changed the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Coca-Cola Expands In Saudi Arabia Posted: 16 Dec 2011 08:05 AM PST Following the massive investment plans in India during mid-November, The Coca-Cola Company (NYSE:KO) is now all set to further expand its footprint in the Middle East with the 50% acquisition of Aujan Industries. As one of the leading independent beverage sellers in Saudi Arabia, Aujan Industries stands among the leaders in still beverages in the countries it operates.
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| Arotech Awarded Another Contract Posted: 16 Dec 2011 08:00 AM PST Arotech Awarded Another Contract On December 12, 2011, Arotech Corporation (ARTX), a provider of defense and security products, reported that its FAAC Incorporated, a member of its Training and Simulation Division, received a Naval Air Warfare Center Training Systems Division’s Training Systems Contract III. FAAC Incorporated is a member of Arotech Corporation’s Training and Simulation Division which provides simulation-based training solutions through the development, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 16 Dec 2011 07:55 AM PST Printing major R.R. Donnelley & Sons Company (RRD) recently announced that it has won a multi-million dollar contract from IMG, a global sports, fashion and media company with operations spanning across more than 30 countries.
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| Posted: 16 Dec 2011 07:35 AM PST International Business Machines Corp. (IBM) recently announced that it is all set to acquire privately held Emptoris Inc., a leading developer of supply and contract management software. Although the financial terms were not disclosed, the acquisition is expected to be completed by the first quarter of 2012.
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| Forex Trading: EURUSD Making Floors And Ceilings Today Posted: 16 Dec 2011 07:33 AM PST The EURUSD is making floors and ceilings today. On the downside the 1.30195 has tested the level three times. The last completed a 100% correction of the NY surge to the upside. The 1. 30438 level was a ceiling in the Asian session today before breaking above in the Early NY session and surging higher. At the highs for the day the 1.3083 level tested the level on three separate occasions before the fall from the peak.
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| Posted: 16 Dec 2011 07:30 AM PST Strong Quarter at CrowdGather On December 14, 2011, CrowdGather, Inc. (CRWG), with its networks of forum communities on the Internet, reported financial results for its fiscal 2012 second quarter and six months, ended October 31, 2011. The strong second quarter performance resulted in a 1.2 percent year over year increase in revenue and 40% sequential increase in revenue with revenues increasing to a record $468,296 during the three months ended October 31, 2011. However, net … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 16 Dec 2011 07:20 AM PST ALLDATA LLC, an operating unit of AutoZone Inc. (NYSE:AZO), recently announced its plan to expand in Canada to provide quality services to its increasing customer base in the region and its nearby locations. The company will operate in Canada under the name ALLDATA Canada Services Ltd.
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| Stock Market News Briefs: CalAmp Corp., FedEx, Lam Research, Nordson, Novellus Systems, SonoSite Posted: 16 Dec 2011 07:15 AM PST Share prices of wireless applications, CalAmp Corp. (NASDAQ:CAMP) gained 11.93% after the company said it has commenced shipping a new whole-home video and data networking product to its primary North American direct-broadcast satellite customer Shares of FedEx Corp. (NYSE:FDX) advanced 8% to close at $83.47 a share after the shipment company' income almost doubled in its second quarter Lam Research Corp. (NASDAQ:LRCX) agreed to acquire Novellus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| RIMM Beats Estimate, Outlook Grim Posted: 16 Dec 2011 07:05 AM PST BlackBerry-maker Research In Motion, Ltd., (NASDAQ:RIMM) declared its third quarter 2012 financial results yesterday, after the closing bell. Despite beating the Zacks Consensus Estimate, the company provided grim outlook for the upcoming quarters. Following the earnings release, share price of RIMM fell $1.15 (7.60%) to $13.98 in the after market trade in NYSE.
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| AmerisourceBergen Backs FY12 View Posted: 16 Dec 2011 06:50 AM PST AmerisourceBergen Corp. (NYSE:ABC) reiterated its fiscal 2012 (ending September 30) guidance at the recently held investor day.
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| Golden Phoenix Advancing Multiple Projects In Panama, Peru And Nevada Posted: 16 Dec 2011 06:50 AM PST Golden Phoenix advancing multiple projects in Panama, Peru and Nevada Golden Phoenix Minerals (GPXM) formed a joint venture operating company (Golden Phoenix Panama S.A.) with Silver Global to advance the Santa Rosa mine in Panama. The Santa Rosa mine will be held, operated and mined by the JV, in which Golden Phoenix can earn up to a 60% interest through the advancement of the property through the completion of the Environmental Impact Study, a NI-43-101 compliant … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 16 Dec 2011 06:35 AM PST Russian mining company Mechel OAO (NYSE:MTL) recorded a net income of $25.7 million in the third quarter of 2011, down 86.6% from the previous quarter's consolidated net income of $191.9 million.
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| Traders Showing No Love For The Euro Posted: 16 Dec 2011 06:34 AM PST Friday, December 16, 2011
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| Forex Trading: EURUSD Consolidates After Surge Higher. Market Looks For The Next Move. Posted: 16 Dec 2011 06:34 AM PST The EURUSD pushed higher in early NY trade and moved above the 100 hour MA in the process (currently at the 1.3071 level). The price has a double top on the 5 minute chart above at the 1.3083 level. The correction off the high has remained above the 38.2% of the last leg higher. If the price can remain above the 38.2% retracement level it often is an indication of market support. A move below the level will not be welcomed by the intraday traders.
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| Forex Trading: GBPUSD Breaks Above Resistance But Not With Much Momentum. Posted: 16 Dec 2011 06:34 AM PST The GBPUSD has spent the last 6 or so hours above the 100 hour MA (currently at hte 1.5523 level) and the 38.2% retracement of the move down from the Decemeber 8th high (see chart above). This push higher should have led to a momentum move in the direction of the break, but the move has been somewhat muted. The high has reached 1.5556 but the move higher has stalled from there. It puts into question the will of the market to push … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Euro Back Above 1.3000 As Funding Concerns Ease, For Now Posted: 16 Dec 2011 06:32 AM PST Fundamental Headlines
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| Speedy Review For Vertex’ CF Drug Posted: 16 Dec 2011 06:20 AM PST Vertex Pharmaceuticals Inc.'s (NASDAQ:VRTX) Kalydeco (ivacaftor) recently scored a win when the US Food and Drug Administration (FDA) granted the company's new drug application (NDA) a priority review status. The regulatory body has set a target date of April 18, 2012, for the drug's NDA, submitted in October 2011.
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| Forex – USD/CAD Down On Economic Data Posted: 16 Dec 2011 06:15 AM PST Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Friday after the release of Canadian data on Foreign Securities Purchases. USD/CAD was trading at 1.0350, down 0.01% at time of writing. The pair was likely to find support at 1.0186, Monday's low, and resistance at 1.0424, Wednesday's high. Earlier in the day, official data showed that Foreign investment in Canada rose less-than-expected to a seasonally adjusted 2.03B last month from 7.35B in the preceding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| CPI In-Line, But Does The Market Care? Posted: 16 Dec 2011 06:10 AM PST The November Consumer Price Index (CPI) was just released, and the results were unchanged. According to the Bureau of Labor Statistics (BLS), all items were up 3.4% over the past 12 months. Stripping out volatile food and energy readings, the number is up 0.2%. Last month, the reading was 3.5%. The core reading year over year was 2.1%, but that is up a tick to 2.2%.
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| Posted: 16 Dec 2011 06:05 AM PST Medical technology giant St. Jude (NYSE:STJ) recently announced that its Board has authorized a new share buyback program, allowing it to repurchase up to $300 million of its common stock. The buyback will be executed at prices and time determined by management through open market transactions, privately negotiated transactions, or other means.
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| Nat Gas Drops In Price, Thanks To Abundant Supply Posted: 16 Dec 2011 06:01 AM PST One interesting factoid from today’s CPI report: The item in Table A with the largest monthly decrease from October to November was the 4.4% decrease for piped natural gas (that compares to a 2.9% monthly drop in gasoline prices), and it’s the only item that has fallen in price over the last 12 months (-1.3% vs. a 19.7% increase in gasoline from November 2010 to November 2011). Welcome to the shale gas revolution, where thanks to modern, advanced drilling technologies, we’ve … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 16 Dec 2011 05:50 AM PST Steel maker Nucor Corporation (NYSE:NUE) recently announced its fourth-quarter 2011 guidance, which is in the range of 22 cents to 27 cents a share. The company's outlook included a one-time charge of 16 cents a share for last-in first-out (LIFO) accounting costs, which is an increase of 10 cents driven by increased scrap costs.
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| Amid The Gloom, U.S. Economy Quietly Improves Posted: 16 Dec 2011 05:48 AM PST “Despite all the negative news, there are signs the U.S. economy is doing better than at any point since 2007, with moderate growth of about 2 percent, savings and consumer sentiment up, and unemployment still high but stagnant. Still, insofar as our national conversation of how we are doing is shaped by these statistics, it is striking how at odds they are with the tone. The numbers are OK and getting better. The national discussions is grim and getting grimmer. It is easy to come up with … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Canadian Foreign Securities Purchases Rise Less-than-expected Posted: 16 Dec 2011 05:45 AM PST Forexpros – ign investment in Canada rose less-than-expected last month, official data showed on Friday. In a report, Statistics Canada said that Canadian foreign securities purchases rose to a seasonally adjusted 2.03B, from 7.35B in the preceding month. Analysts had expected Canadian foreign securities purchases to rise 8.23B last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – EUR/USD Up On Economic Data Posted: 16 Dec 2011 05:45 AM PST Forexpros – The Euro was higher against the U.S. Dollar on Friday after the release of U.S. data on CPI. EUR/USD was trading at 1.3081, up 0.50% at time of writing. The pair was likely to find support at 1.2947, Wednesday's low, and resistance at 1.3377, Monday's high. Earlier in the day, official data showed that consumer price inflation in the U.S. remained unchanged unexpectedly at a seasonally adjusted 0.0% last month, from -0.1% in the preceding month. Analysts had expected CPI … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| U.S. Consumer Price Inflation Remains Unchanged Unexpectedly Posted: 16 Dec 2011 05:40 AM PST Forexpros – Consumer price inflation in the U.S. remained unchanged unexpectedly last month, official data showed on Friday. In a report, the Bureau of Labor Statistics said that CPI remained unchanged at 0.0%, from -0.1% in the preceding month . Analysts had expected CPI to rise 0.1% last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| RAD’s 3Q Improves, Revises Guidance Posted: 16 Dec 2011 05:35 AM PST Drugstore chain operator Rite Aid Corp. (NYSE:RAD) posted a net loss of approximately $52 million in the third quarter of fiscal 2012 marking an improvement from a loss of $79.1 million in the year-ago period.
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| Forex Trading: EURUSD Breaks Higher Posted: 16 Dec 2011 05:33 AM PST The narrow trading range through the London morning session for the EURUSD gave way and the price has surged higher in early NY trade. The range coming into NY was a scant 36 pips. This would have represented the narrowest trading range for all of 2011. So the chance of an extension was pretty favorable.
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| Year End Sale On Gold, Silver And The Mining Stocks Posted: 16 Dec 2011 05:26 AM PST This is one of those times that we have inveighed about so often. It is a typical "COM" week where markets are designed to confuse, obfuscate and misdirect the players. All thirty DOW stocks and commodities were down as Europe and Bernanke disappointed the markets with what they did not do. The markets were looking for a morsel of guidance, what they got was further silence and ambiguity.
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| Accenture Beats Despite Euro Crisis Posted: 16 Dec 2011 05:15 AM PST Accenture plc (NYSE:ACN) reported first quarter fiscal 2011 earnings per share (EPS) of 96 cents, marginally beating the Zacks Consensus Estimate of 94 cents. Earnings increased 19.6% from the year-ago quarter aided by higher revenues and margins, lower share count and tax rate as well as favorable foreign-exchange rates. Despite the outperformance, shares dropped 2.55% in after-hour trade, probably due to investor concern over Accenture's huge reliance on the European market. A weak sequential … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Crude Oil Bounces Higher From Near Six Week Low Posted: 16 Dec 2011 05:15 AM PST Forexpros – bsp;- Crude oil futures experienced a technical bounce from near six week lows early Friday, despite the fundamental picture remaining bearish. On the New York Mercantile Exchange, light sweet crude futures for January settlement traded at USD94.38 a barrel during mid European trade advancing 0.55%. It earlier hit a daily high of USD94.78 a barrel. Weakness in the U.S. dollar added to the bullish crude price environment. The dollar index, which tracks the performance of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 16 Dec 2011 05:05 AM PST On December 15, 2011, AAR Corp. (NYSE:AIR) posted favorable second-quarter 2012 financial results. The company's net income improved by approximately 4.2% to $17.5 million or 43 cents per diluted share compared with $16.8 million or 42 cents per diluted share earned in the prior-year quarter. Earnings per share, however, missed the Zacks Consensus Estimate of 46 cents in the reported quarter.
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| Posted: 16 Dec 2011 04:54 AM PST With many eyes focused on the ongoing demise within the Euro-zone, what about our own economy?
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| Forex – Dollar Weaker As Investors Embrace Risk Posted: 16 Dec 2011 04:07 AM PST Forexpros – Signs that the U.S. economy is strengthening led investors into riskier assets sending the dollar lower during European trade on Friday. During mid session London trade, the greenback was down against the euro, with EUR/USD advancing 0.092% to hit 1.3028. The single currency brushed off European Central Bank’s President’s statement that there is no “external savior ” for countries who refuse to reform and its bond buyback program is neither “eternal nor infinite”. The greenback … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – AUD/USD Up In European Trading Hours Posted: 16 Dec 2011 04:00 AM PST Forexpros – The Australian Dollar was higher against the U.S. Dollar on Friday. AUD/USD was trading at 0.9992, up 0.52% at time of writing. The pair was likely to find support at 0.9862, Thursday's low, and resistance at 1.0208, Monday's high. Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.62% to hit 1.3040 and AUD/JPY rising 0.55% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Inside Skinny On Using Gifts For Down Payment On Home Posted: 16 Dec 2011 03:51 AM PST … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Forex – USD/CHF Down During The European Session Posted: 16 Dec 2011 03:20 AM PST Forexpros – The U.S. Dollar was lower against the Swiss Franc on Friday. USD/CHF was trading at 0.9394, down 0.05% at time of writing. The pair was likely to find support at 0.9249, Monday's low, and resistance at 0.9548, Thursday's high. Meanwhile, the U.S. Dollar was down against the Euro and up against the Japanese Yen, with EUR/USD gaining 0.10% to hit 1.3029 and USD/JPY rising 0.04% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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