DailyMarkets.com - Forex – USD/JPY Up During Asian Trade

---

• Forex – USD/JPY Up During Asian Trade
• Forex – EUR/USD Down During The Asian Session
• Apple Ushers In E-textbook Era
• Forex – NZD/USD Down In Asian Trade
• Hot Option Plays: GOOG Misses
• Existing Home Sales, Earnings In Focus
• Weak Demand Affects MeadWestvaco
• No Credit Card Deal For Target
• Honeywell Providing Tech For Samsung
• Kroger Stays Neutral
• Beam Acquires Irish Distillery
• The Final Kodak Moment: Pioneer Files For Bankruptcy
• Chevron: Still A Good Value
• Big Boost For The Big Board On Big Banks
• U.S. Stocks Climb On Earnings, Economic Optimism; DOW Up 0.36
• Rockwell Beats, Reaffirms Outlook
• Freeport’s 4Q Exceeds Estimate
• Huntington Reports In Line
• XOMA Inks Deal With French Pharma
• Gold Futures Fall On Risk Embrace
• Talisman Energy Upgraded To Neutral
• Uranium Miners Break Through Critical 200 Day Moving Average To The Upside
• Tuebingen UMS Deploys BSD’s System
• PPG Beats Estimates
• ONEOK Inc. Boosts Dividend
• Hot Option Plays: Dollar Vs. Equities Correlation
• Natural Gas Futures Hit Decade Lows
• Myriad Gets Rights To RAD51C Gene
• Majors Of The Top 1%? Economics Is No. 2
• Forex – U.S. Dollar Lower On Euro Zone Economic Optimism
• Crude Oil Futures Flat Despite Inventory Surprise
• CEO Spotlight: Susan Lucas-Conwell, Great Place To Work
• The Trend Trader For ETF Trading On Friday, January 20, 2012
• The Trend Trader For Stock Trading On Friday, January 20, 2012
• The Trend Trader For Futures Trading On Friday, January 20, 2012
• The Trend Trader For Forex Trading On Friday, January 20, 2012
• The Great Urban Migration Of China

Forex – USD/JPY Up During Asian Trade Posted: 19 Jan 2012 04:35 PM PST Forexpros – The U.S. Dollar was higher against the Japanese Yen on Friday. USD/JPY was trading at 77.11, up 0.001% at time of writing. The pair was likely to find support at 76.56, Tuesday's low, and resistance at 77.32, Thursday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.08% to hit 1.2959 and GBP/USD falling 0.01% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 19 Jan 2012 04:10 PM PST Forexpros – The Euro was lower against the U.S. Dollar on Friday. EUR/USD was trading at 1.2961, down 0.06% at time of writing. The pair was likely to find support at 1.2626, Monday's low, and resistance at 1.2972, Thursday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.06% to hit 0.8369 and EUR/JPY falling 0.11% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Apple Ushers In E-textbook Era Posted: 19 Jan 2012 03:50 PM PST 01/19/12 Apple unveiled iBooks 2 and iBooks Author at its media event in New York City. The company ushered in the digital textbook era for the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Down In Asian Trade Posted: 19 Jan 2012 03:35 PM PST Forexpros – The New Zealand Dollar was lower against the U.S. Dollar on Thursday. NZD/USD was trading at 0.8026, down 0.04% at time of writing. The pair was likely to find support at 0.7919, Monday's low, and resistance at 0.8082, Wednesday's high. Meanwhile, the New Zealand Dollar was up against the Australian Dollar and down against the Euro, with AUD/NZD shedding 0.001% to hit 1.2974 and EUR/NZD rising 0.01% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: GOOG Misses Posted: 19 Jan 2012 03:22 PM PST Cusick’s Corner 01-19-2012 Even Google (NASDAQ:GOOG) is not immune to the EU. GOOG missed on earnings, with average cost per click down and the revenue down from EU big time. This brought the stock below $600, down more than $50, but the indices are holding up with the S&Ps just off the close and the NASDAQ actually higher. This was a little deeper than the expected move, which before the close was right around $35. The rest of the earnings that came out were in line for INTC, MSFT, and worse … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Existing Home Sales, Earnings In Focus Posted: 19 Jan 2012 03:20 PM PST 01/19/12 The end of the holiday-shortened week brings more housing data and earnings from General Electric and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Weak Demand Affects MeadWestvaco Posted: 19 Jan 2012 03:00 PM PST MeadWestvaco Corporation (NYSE:MWV) announced that it expects pre-tax income from its business segments (before Corporate and other) in the range of $150 to $160 million for the fourth quarter of 2011. For the full year 2011, the company expects pre-tax income in the range of $835 million to $845 million. Meanwhile, free cash flow from operations is expected to be $550 million for the year. The company stated that soft demand in the U.S. and European packaging markets led to a fall in production … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

No Credit Card Deal For Target Posted: 19 Jan 2012 02:53 PM PST Target Corporation's (NYSE:TGT) recent announcement of halting its efforts to sell the credit card receivables portfolio momentarily, reminds us of the famous game show Deal or No Deal by the Dutch producer Endemol. So far, it is No Deal for the company, as it failed to find a potential buyer for its card receivables portfolio on appropriate terms. Thus, Target decided to temporarily suspend its talks with the buyers and expects the transaction to take place late this year or in early … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Honeywell Providing Tech For Samsung Posted: 19 Jan 2012 02:35 PM PST Honeywell International Inc.'s (NYSE:HON) group company, UOP LLC, will be providing technologies for the production of key petrochemicals and high-quality diesel and jet fuel at Samsung Total Petrochemicals Co. Ltd.'s complex in Daesan, South Korea. Samsung Total Petrochemicals Co. Ltd is a joint venture between Samsung General Chemicals and Total Petrochemical. The technologies from UOP are the latest energy-efficient designs from the company, being deployed for the first time on the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Kroger Stays Neutral Posted: 19 Jan 2012 02:20 PM PST The Kroger Company (NYSE:KR) holds a significant position among the nation's largest grocery retailers, and remains committed to battle the tough economy, and keep their head high.    The Company Counts Upon Kroger's strong corporate and national brands help gain customers' loyalty, sustain top-line growth, expand its store base and boost its market share. The company's customer-centric business model provides a strong value proposition for the consumers and positions it well to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Beam Acquires Irish Distillery Posted: 19 Jan 2012 02:00 PM PST Recently, liquor producer, Beam Inc. (BEAM), announced the completion of its acquisition of renowned Irish whiskey maker Cooley Distillery. Beam got hold of this leading spirits company for about $95 million on a debt-free basis. As per the transaction, Beam paid Cooley shareholders $8.25 in cash in exchange of every Cooley share. The acquisition is expected to facilitate Beam in building brand portfolio while enhancing market share in the world's fastest growing spirits categories. Beam … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Final Kodak Moment: Pioneer Files For Bankruptcy Posted: 19 Jan 2012 09:00 AM PST 01/19/12 After over a century of existence, the company that inspired photography, Eastman Kodak, officially filed for Chapter 11 bankruptcy protection Thursday. Therefore marking the end of an era and the last “Kodak … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Chevron: Still A Good Value Posted: 19 Jan 2012 01:55 PM PST San Ramon, California-based Chevron Corporation (NYSE:CVX) is one of the six super major oil and gas companies in the world and the second-largest energy firm in the U.S. behind Exxon Mobil (NYSE:XOM). As a vertically-integrated oil entity, it is engaged in oil and gas exploration and production, refining and marketing of petroleum products, manufacturing of chemicals, and other energy-related businesses. Chevron, in its present form, resulted from the 2001 merger between Texaco and Chevron … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Big Boost For The Big Board On Big Banks Posted: 19 Jan 2012 08:45 AM PST 01/19/12 NYFP’s Closing Bell Report: US stocks advanced for a third straight session Thursday, rising to its highest level in six months as financial and technology stocks were on the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Stocks Climb On Earnings, Economic Optimism; DOW Up 0.36 Posted: 19 Jan 2012 01:33 PM PST Forexpros – bsp;Forexpros – U.S. stocks climbed for the third straight session on positive earnings and worldwide economic optimism. At the close of U.S. trade, the Dow Jones Industrial Average gained 0.36%, the S&P 500 added 0.49% and the Nasdaq Composite advanced by 0.67%. Stocks climbed as initial U.S. jobless benefit claims plummeted 50,000 to 352,000 in the week ending January, 14th. This crushed the median analyst’s forecast of 384,000, increasing hopes that the world’s largest … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Rockwell Beats, Reaffirms Outlook Posted: 19 Jan 2012 01:27 PM PST Rockwell Collins Inc. (NYSE:COL), the supplier of avionics and military equipment, outpaced the Zacks Consensus Estimate of 85 cents with earnings of 86 cents per share in the first quarter of fiscal year 2012 ending December 31, 2011. However, results came in below the year-ago quarterly earning per share of 96 cents. Operational Performance Rockwell Collins' total sales fell 1% year over year to $1.09 billion, in line with the Zacks Consensus Estimate. In the reported quarter, Government … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Freeport’s 4Q Exceeds Estimate Posted: 19 Jan 2012 01:27 PM PST Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) reported a profit of $640 million or 67 cents per share in the fourth quarter of 2011 versus $1.5 billion or $1.63 per share in the same quarter of 2010. The profit surpassed the Zacks Consensus Estimate by 3 cents per share. Revenues in the quarter were $4.2 billion versus $5.6 billion in the prior-year quarter, surpassing the Zacks Consensus Estimate of $3.8 billion. Consolidated sales from mines totaled 823 million pounds of copper, 133,000 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Huntington Reports In Line Posted: 19 Jan 2012 01:16 PM PST Huntington Bancshares Inc. (NASDAQ:HBAN) reported fourth-quarter 2011 earnings of 14 cents per share, in line with the Zacks Consensus Estimate. Results were slightly down from 16 cents earned in the prior quarter but significantly ahead of prior-year quarter's earnings of 5 cents. Huntington's earnings were positively impacted by higher net-interest revenues and lower non-interest expenses. Yet, a fall in fee income and a modest rise in provision for loan losses offset the positives. For full … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

XOMA Inks Deal With French Pharma Posted: 19 Jan 2012 01:05 PM PST XOMA Corporation (NASDAQ:XOMA) recently announced that it has entered into an agreement with Les Laboratoires Servier, a privately-owned French pharmaceutical company, to acquire the US rights to the perindopril franchise from the latter. The perindopril franchise includes Aceon (perindopril erbumine), an angiotensin converting enzyme ("ACE") inhibitor and three other fixed dose combination ("FDC") candidates.  Aceon is approved for treating patients suffering from essential … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Futures Fall On Risk Embrace Posted: 19 Jan 2012 01:01 PM PST Forexpros – Gold futures fell off of a five week high after the release of neutral U.S. inflation data, positive labor market news and Greek worries triggered investors to embrace risk assets. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1653.95 a troy ounce during late U.S. trade falling 0.36%. It earlier climbed as much as 0.85% to hit USD1670.45 a troy ounce, the highest since December 13th, 2011. Gold futures were likely to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Talisman Energy Upgraded To Neutral Posted: 19 Jan 2012 12:55 PM PST We have upgraded Canadian energy explorer Talisman Energy Inc. (NYSE:TLM) to Neutral from Underperform, reflecting the company's portfolio repositioning initiatives. Calgary, Alberta-based Talisman is a major independent oil and gas exploration and production (E&P) company, with operations in North America (primarily Canada) and several international regions. The company conducts operations in five principal geographic segments: North America (Canada/U.S.), the U.K. (U.K. and the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Uranium Miners Break Through Critical 200 Day Moving Average To The Upside Posted: 19 Jan 2012 12:53 PM PST When it was not fashionable to advocate uranium miners, we recognized that nuclear power remains a viable contributor to inexpensive electrical energy vital to the needs of not only major industrial nations, but to developing countries throughout the world.  We refused to succumb to the uppercuts of pessimism that were battering even the champions in the sector. We continue to see the powerful resurrection of the entire nuclear energy sector especially our rising stars.  Now … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Tuebingen UMS Deploys BSD’s System Posted: 19 Jan 2012 12:40 PM PST Cancer treatment systems maker BSD Medical (NASDAQ:BSDM) said that Germany-based Tuebingen University Medical School ("Tuebingen UMS") has purchased and installed its BSD-2000/3D/MR hyperthermia system. The device was purchased, in June 2011, by the company's European distributor Dr. Sennewald Medizintechnik GmbH and was subsequently sold to Tuebingen UMS, a global leader in oncology and immunology. Hyperthermia therapy treats tumors by applying heat. It has shown the ability to boost the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

PPG Beats Estimates Posted: 19 Jan 2012 12:25 PM PST PPG Industries Inc. (NYSE:PPG) posted net income of $216 million or $1.39 per share for the fourth quarter of 2011 compared with $205 million or $1.24 per share in the year-ago quarter. The results substantially exceeded the Zacks Consensus Estimate of $1.28 per share. For the fiscal year 2011, PPG's net income was $1.1 billion, or $6.87 per share, exceeding the Zacks Consensus Estimate of $6.78 per share. The company delivered record earnings in the quarter driven by higher revenues and cost … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ONEOK Inc. Boosts Dividend Posted: 19 Jan 2012 12:25 PM PST ONEOK Inc. (NYSE:OKE) has increased its quarterly dividend by 9%, bringing the annualized dividend to $2.44 per share from the previous payout of $2.24 per share. This reflects the company's continued strong performance and robust cash flow from its natural gas distribution segment. The company will now pay a quarterly dividend of 61 cents per share compared with the prior quarterly dividend of 56 cents per share. The announced fourth quarter dividend will be paid on February 14, 2012, to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Dollar Vs. Equities Correlation Posted: 19 Jan 2012 12:24 PM PST Cusick’s Corner 01-19-2012 The strength today is impressive, right now the indices are pulling off the highs but I want to see if the bid can move these markets above critical resistance. This is a market that will be hard to have profit selling, especially if we continue to see good earnings. A finish on the highs today would be the catalyst that the bulls need to challenge new multi-year highs. One relationship that I thought could be changing is the Dollar, UUP, and Equities, SPY, this has … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Natural Gas Futures Hit Decade Lows Posted: 19 Jan 2012 12:13 PM PST Forexpros – Natural gas prices plunged to decade lows Thursday, on a U.S. supply level report and warm winter weather. On the New York Mercantile Exchange, natural gas futures for February delivery traded at USD2.313 per million British thermal units during late U.S. trade, plunging by 6.41%. It earlier climbed to hit 2.486 BTU’s and is currently trading near its low of 2.312. September, 4th, 2009 when prices made a 10 year low of USD2.408, was taking out today with new decade … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Myriad Gets Rights To RAD51C Gene Posted: 19 Jan 2012 12:05 PM PST Myriad Genetics (NASDAQ:MYGN), in order to further expand its product portfolio, obtained rights to the RAD51C gene. Studies have shown that mutations in the RAD51C gene are associated with an increased risk of hereditary breast and ovarian cancer. RAD51C was originally identified as a vulnerable gene for hereditary breast and ovarian cancer by the German Consortium for Hereditary Breast and Ovarian cancers in collaboration with other scientists. The current agreement grants Myriad an exclusive, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Majors Of The Top 1%? Economics Is No. 2 Posted: 19 Jan 2012 11:49 AM PST NY Times Economix — “According to the Census Bureau's 2010 American Community Survey, the majors that give you the best chance of reaching the 1 percent are pre-med, economics, biochemistry, zoology and, yes, biology, in that order (see chart … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – U.S. Dollar Lower On Euro Zone Economic Optimism Posted: 19 Jan 2012 11:28 AM PST Forexpros – bsp;Forexpros – The U.S. dollar traded mostly lower against its major counterparts Thursday, as euro zone debt auctions lifted economic optimism in the region. During late session U.S. trade, the greenback traded lower against the euro, with EUR/USD gaining 0.59% to hit 1.2940. The single currency gained support after French and Spanish debt auctions met with solid investor demand and lower yields Yesterday’s news that Greece is near a deal with its private creditors which … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil Futures Flat Despite Inventory Surprise Posted: 19 Jan 2012 10:48 AM PST Forexpros – bsp;- Crude oil futures were flat to lower Thursday, despite a surprise U.S. inventory drop and an improved U.S. labor market. On the New York Mercantile Exchange, light sweet crude futures for March settlement traded at USD100.69 a barrel during late U.S. trade giving back 0.06%. It earlier climbed to USD102.23 a barrel adding 1.5% to trade at the highest level since last Thursday. Weakness in the U.S. dollar helped lift crude oil prices. The dollar index, which tracks the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CEO Spotlight: Susan Lucas-Conwell, Great Place To Work Posted: 19 Jan 2012 09:10 AM PST 01/19/12 Great Place to Work’s CEO Susan Lucas-Conwell provides insight and analysis into Fortune’s 2012 “100 Best Companies to Work For” … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Friday, January 20, 2012 Posted: 19 Jan 2012 04:03 AM PST By ForexMansion.com The Trend Trader for ETFs For Trading On Friday, January 20, 2012 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 110.26 − 0.16 110.47 110.38 Bearish BND – Vanguard Total Bond Market ETF 83.53 − 0.10 83.64 83.61 Bearish DBC – DB Commodity Index Tracking Fd 27.61 + 0.44 27.50 27.30 Bullish 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 Friday, January 20, 2012 Posted: 19 Jan 2012 04:03 AM PST By ForexMansion.com The Trend Trader for the Dow 30 Stocks For Trading On Friday, January 20, 2012 In alphabetical order by symbol Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading AA – Alcoa Inc 10.18 + 1.60 9.97 9.66 Bullish AXP – American Express Company 50.95 + 0.77 50.46 49.23 Bullish BA – Boeing Co 75.56 + 0.67 75.36 74.82 Bullish BAC – Bank of America Corporation 6.96 + 2.35 6.77 6.61 Bullish CAT – Caterpillar Inc 105.75 + … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Futures Trading On Friday, January 20, 2012 Posted: 19 Jan 2012 04:03 AM PST By ForexMansion.com The Trend Trader for Futures For Trading On Friday, January 20, 2012 INDICES Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading S&P 500 – Mar ESH2 1310.50 + 0.63 1298.58 1284.58 Bullish Dow Jones – Mar YMH2 12587 + 0.66 12484 12368 Bullish Nasdaq – Mar NQH2 2425.25 + 0.20 2407.75 2366.25 Bullish Russell – Mar TFH2 780.50 + 0.66 771.94 759.07 Bullish INTEREST RATES US T-Bond – Mar ZBH2 142-26 − … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Forex Trading On Friday, January 20, 2012 Posted: 19 Jan 2012 04:03 AM PST By ForexMansion.com The Trend Trader for Forex For Trading On Friday, January 20, 2012 THE BIG SIX Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading AUDUSD – Aust Dollar / US Dollar 1.0417 − 0.16 1.0397 1.0281 Bullish EURUSD – Euro / US Dollar 1.2968 + 0.83 1.2826 1.2726 Bullish GBPUSD – British Pound / US Dollar 1.5487 + 0.32 1.5405 1.5351 Bullish USDCAD – US Dollar / Canadian Dollar 1.0113 + 0.01 1.0129 1.0229 Bearish USDCHF – US Dollar / … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Great Urban Migration Of China Posted: 18 Jan 2012 10:00 PM PST In my global travels over the past several years, I have been very fortunate to have witnessed China during its economic transformation. During earlier visits, the country was a rural land with more bicycles than cars. Around that time, less than 30 percent of the country's population lived in an urban area. When I visited places such as Shanghai and Beijing this fall, China's development and escalating use of global resources was evident, as was the fact that the country's population has … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610