Wednesday, January 11, 2012

DailyMarkets.com - Citi American Airlines Credit Card Review – 40,000 Bonus Miles

DailyMarkets.com - Citi American Airlines Credit Card Review – 40,000 Bonus Miles


Citi American Airlines Credit Card Review – 40,000 Bonus Miles

Posted: 11 Jan 2012 06:45 AM PST

American Airlines credit card, issued by Citi (NYSE:C) in conjunction with American Airlines (NYSE:AMR), is a great card to get if you want to rack up AAdvantage miles quickly and get up to 40,000 bonus miles as a signing inventive. This MasterCard (NYSE:MA), also known as the Citi Platinum Select / AAdvantage World MasterCard, lets you earn more miles on airline purchases, as well as miles on every purchase you make with your card.

This air miles card now has an exclusive offer which gives you up … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Euro Rebounds As Speculative Position Reaches Record Levels

Posted: 11 Jan 2012 06:22 AM PST

Wednesday, January 11, 2012
Though the major trend appears to favor Euro bears, in the short-term the market appears oversold, and a short-covering rally is not out of the question. On any rally attempt back towards near-term resistance near the 1.3085 area, some traders may perhaps wish to explore selling a March mini-Euro futures contract, with an objective of the March futures trading below the recent low of 1.2673. Some traders may wish to close out the position should the March futures … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: EURUSD Pushed Around By Talking Heads

Posted: 11 Jan 2012 06:21 AM PST

Germany's Merkel came to the rescue of the EURUSD this NY morning by saying that if it is solidarity you want, Germany will provide that solidarity immediately. Well is that not what the European Union is supposed to be?  A solid unit with common goals and interests?
The comments helped negate the harsh comments from Fitch's Riley who urged the ECB to do more in order to prevent a cataclysmic Euro collapse. Merkel's own advisor Peter Bofinger did not help things either this morning. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


HON Wins South Korean Contract

Posted: 11 Jan 2012 06:05 AM PST

Honeywell International Inc.'s (NYSE:HON) group company, UOP LLC, will be providing techniques to Kumho P&B Chemicals Inc., a South Korean company for producing key petrochemicals for the manufacture of plastics. Honeywell’s UOP will provide engineering design, technology licensing, catalysts, adsorbents and technical service for the project.
Kumho’s Yeosu, South Korea, facility will integrate Honeywell’s UOP Q-Max and UOP Phenol process technologies to produce high-quality phenol. With the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Salaries For New Ph.D.s In Economics

Posted: 11 Jan 2012 05:58 AM PST

Greg Mankiw links to the study “Survey of the Labor Market for New Ph.D. Hires in Economics, 2011-12,” which reports the following results:

1. Eighty-two economics departments reported 516 new Ph.D.s who sought employment for the 2010-11 academic year. Of these job seekers, 457 (88.6 percent) were successful.

2. Among the successful job seekers, 62.4 percent found employment in academic institutions as compared to 62.8 percent in the 2009-10 year.

3. Respondents to the current survey report … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Sigma To Acquire BioReliance

Posted: 11 Jan 2012 05:50 AM PST

Life science and technology company, Sigma-Aldrich Corporation (NASDAQ:SIAL) announced that it has agreed to buy BioReliance Holdings Inc., from private equity firm Avista Capital Partners for $350 million in cash. The acquisition is expected to close in the first quarter of 2012.
BioReliance Holdings provides biopharmaceutical testing services to pharmaceutical, biopharmaceutical, diagnostics, and other life science customers. BioReliance generated revenues of approximately $110 million in 2010 was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Orange Juice Futures Drop After Previous Day’s 10% Rally

Posted: 11 Jan 2012 05:41 AM PST

Forexpros – Orange juice futures retreated on Wednesday, as the previous day's 10% rally that took prices to a record high prompted some investors to sell their position on profit taking and lock in gains.

On the ICE Futures Exchange, orange juice for March delivery traded at USD1.9760 a pound during European afternoon trade, tumbling 4.9%.

It earlier fell by as much as 6.5% to trade at a session low of USD1.9020 a pound.

Prices soared 9.7% on Tuesday, hitting an all-time high of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Goldcorp Meets 2011 Expectations

Posted: 11 Jan 2012 05:35 AM PST

Recently, Goldcorp Inc. (NYSE:GG) met its 2011 gold production estimation and also expects to meet success in 2012 and beyond.
With a record gold production of 2.51 million ounces, Goldcorp's 2011 production costs are estimated to total approximately $220 per ounce.
Peñasquito mine met its production target and continued to emerge as an essential asset base in 2011, with strong operating cash flow in its first year of production.  The company expects production at its Peñasquito mine in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – Dollar Advances As Fitch Remarks Hit Sentiment

Posted: 11 Jan 2012 05:22 AM PST

Forexpros – The U.S. dollar pushed higher against its major counterparts on Wednesday, as market sentiment was hit by remarks from Fitch ratings agency on the euro zone's debt crisis and worse-than-expected euro zone economic data.

During European afternoon trade, the dollar was up against the euro, with EUR/USD shedding 0.50% to hit 1.2713.

The euro extended losses after Fitch Ratings said the European Central Bank needs to do more to prevent the collapse of the euro, saying the bank … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Franklin’s December AUM Dips

Posted: 11 Jan 2012 05:20 AM PST

Franklin Resources Inc. (NYSE:BEN) declared preliminary assets under management (AUM) of $670.3 billion by its subsidiaries for the end of December 2011. The company's results experienced a decline of 0.8% from $675.8 billion as of November 30, 2011 and marginally down from $670.7 billion as of December 31, 2010.
Month-end total equity assets came in at $270.2 billion, down 1.5% sequentially and 8.7% year over year basis. Of the total equity assets, roughly 72% were from international sources, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: EURUSD Weighed By Fitch’s Comments.

Posted: 11 Jan 2012 05:18 AM PST

European Stocks Lower On Disappointing GDP Data; DAX Down 0.47%

Posted: 11 Jan 2012 04:47 AM PST

Forexpros – European stock markets extended losses on Wednesday, as market sentiment deteriorated after a report showed that the euro zone's economy grew less than initially expected in third quarter of 2011.

During European afternoon trade, the EURO STOXX 50 dropped 0.64%, France's CAC 40 declined 0.45%, while Germany's DAX 30 retreated 0.47%.

Eurostat said that the euro zone's gross domestic product rose by a seasonally adjusted 0.1% in the third quarter, down from a preliminary … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – GBP/USD Hits 2-week Low After Fitch Remarks

Posted: 11 Jan 2012 04:40 AM PST

Forexpros – The pound extended early losses against the U.S. dollar on Wednesday, tracking losses in the euro following comments by Fitch ratings agency on the euro zone's debt crisis and after worse-than-expected euro zone economic data.

GBP/USD hit 1.5369 during European early afternoon trade, the pair's lowest since December 29; the pair subsequently consolidated at 1.5384, shedding 0.64%.

Cable was likely to find support at 1.5330, the low of September 22 and resistance at 1.5490, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Soybean Futures Slump On Argentina Rain, USDA Report Eyed

Posted: 11 Jan 2012 04:31 AM PST

Forexpros – Soybean futures declined on Wednesday, as prospects of near-term rainfall in drought-stricken areas in Argentina prompted investors to readjust positions ahead of Thursday’s key monthly report on U.S. and global soybean supplies.

On the Chicago Mercantile Exchange, soybeans futures for March delivery traded at USD12.1838 a bushel during European morning trade, dropping 1.07%.

It earlier fell by as much as 1.15% to trade at a two-day low of USD12.1562 a bushel.

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


Forex – EUR/USD Extends Losses After Euro Zone GDP Data

Posted: 11 Jan 2012 04:17 AM PST

Forexpros – The euro extended losses against the U.S. dollar on Wednesday, to trade close to a 16-month low after a report showed that the euro zone's economy grew less than initially expected in third quarter of 2011.

EUR/USD hit 1.2682 during European early afternoon trade, the pair's lowest since January 9; the pair subsequently consolidated at 1.2704, shedding 0.57%.

The pair was likely to find support at 1.2662, the low of January 9 and a 16-month low and resistance at 1.2817, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – Euro Broadly Lower As Debt Woes Punish

Posted: 11 Jan 2012 03:44 AM PST

Forexpros – The euro fell against most of its major counterparts on Wednesday, nearing a 16-month trough against the U.S. dollar and a more than decade low against the yen as investors shunned the currency amid concerns over the euro zone's sovereign debt crisis.

During European late morning trade, the euro was down against the U.S. dollar, with EUR/USD shedding 0.61% to hit 1.2698.

Sentiment on the single currency soured as investors looked to the European Central Bank's policy setting … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Euro Zone Final Q3 GDP Revised Down Unexpectedly

Posted: 11 Jan 2012 03:42 AM PST

Forexpros – The euro zone's economy grew less than initially expected in third quarter of 2011, underscoring fears over the region's economic outlook, official data showed on Wednesday.

In a report, Eurostat said the euro zone's gross domestic product rose by a seasonally adjusted 0.1% in the third quarter, down from a preliminary estimate of 0.2% and slowing from growth of 0.8% in the preceding quarter.

Following the release of the data, the euro remained lower against the U.S. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/GBP Ticks Up But Gains Capped Amid Debt Concerns

Posted: 11 Jan 2012 03:06 AM PST

Forexpros – The euro pushed higher against the broadly weaker pound on Wednesday, but gains were limited as worries over the euro zone's debt crisis kept the single currency under pressure.

EUR/GBP hit 0.8272 during European morning trade, the session high; the pair subsequently consolidated at 0.8262, ticking up 0.13%.

The pair was likely to find support at 0.8221, Monday's low and a 16-month low and resistance at 0.8287, Tuesday's high.

Sentiment on the single currency remained … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Crude Oil, Gold Under Pressure As Returning Risk Aversion Boosts Dollar

Posted: 11 Jan 2012 01:50 AM PST

Talking Points

Crude Oil Losses Likely as Risk Appetite Evaporates, Beige Book on Tap
Gold to Face Selling Pressure as Safe-Haven Flows Boost US Dollar Anew

WTI Crude Oil (NY Close): $102.24 // +0.93 // +0.92%
S&P 500 stock index futures are pointing sharply lower ahead of the opening bell on Wall Street, hinting crude oil prices are likely to decline amid a return to risk aversion. The sudden about-face in sentiment trends seems to underscore our suspicion that yesterday's sharp … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


US Dollar / Canadian Dollar – 11/01/2012 11:39 GMT

Posted: 10 Jan 2012 04:15 PM PST

By ForexMansion.com

US Dollar / Canadian Dollar

Weekly
Daily
Hourly

Trends

Resistances
1.024
1.021
1.0185

Supports
1.0075
1.011
1.014

Our strategy

FLAT

About ForexMansion.com:

The Finance Mansion Network operates a global financial network of websites including
ForexMansion.com – All about Forex Trading.
Our goal is to provide our readers with the highest quality, most accurate and timely technical analyses,
fundamental analyses and news, assisting them to make … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Australian Dollar / US Dollar – 11/01/2012 11:40 GMT

Posted: 10 Jan 2012 04:15 PM PST

By ForexMansion.com

Australian dollar / US Dollar

Weekly
Daily
Hourly

Trends

Resistances
1.0385
1.035
1.0325

Supports
1.0145
1.02
1.027

Our strategy

FLAT

About ForexMansion.com:

The Finance Mansion Network operates a global financial network of websites including
ForexMansion.com – All about Forex Trading.
Our goal is to provide our readers with the highest quality, most accurate and timely technical analyses,
fundamental analyses and news, assisting them to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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