Monday, January 2, 2012

DailyMarkets.com - Possible Turnaround On Holcim Philippines, Inc. (HLCM)

DailyMarkets.com - Possible Turnaround On Holcim Philippines, Inc. (HLCM)

Possible Turnaround On Holcim Philippines, Inc. (HLCM)

Posted: 02 Jan 2012 06:28 AM PST

Risk appetite sided on infrastructure plays like Holcim Philippines, Inc. or HLCM in the Philippine Stock Exchange n expectations that the Philippine national government will speed up its infrastructure projects. HLCM, being one of the major listed supplier of cement in the country, benefited from this as reflected in the 5.32% gain in its share prices today (January 2, 2012).
As can be seen in its chart above, HLCM has been consolidating in what appears to be a rounding bottom pattern. Today, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The European ‘Slow-Motion Train Wreck’

Posted: 02 Jan 2012 06:28 AM PST

The lessons which went unheeded from the economic calamities and accompanying market meltdowns of the 1980s and 1990s laid the foundation for the Ponzi-style financings underwritten within our sub-prime mortgage market and the European Union of this past decade.
As our central bankers continue to kick the can down the road the reality of our global economic landscape can only be compared to a 'slow-motion train wreck'.
For those who would like a comprehensive understanding of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Euro Slides, Hits Fresh 10-year Low Against Yen

Posted: 02 Jan 2012 06:10 AM PST

Forexpros – The euro slipped to a fresh 10-year low against the yen on Monday and weakened against the U.S. dollar as concerns over the ongoing debt crisis in the euro zone followed the shared currency into the new year.

During European afternoon trade, the euro hit its lowest level against the yen since December 200, shedding 0.22% to hit 99.44.

The single currency was also down against the greenback, with EUR/USD losing 0.21% to hit 1.2927.

Earlier in the day, data showed that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

European Stocks Add To Gains In Light Trade; DAX Advances 1.98%

Posted: 02 Jan 2012 05:04 AM PST

Forexpros – European stock markets added to early gains on Monday, as light trading conditions exaggerated movements, with markets in the U.K. and U.S. remaining closed for the New Year holidays.

During European early afternoon trade, the EURO STOXX 50 advanced 1.53%, France's CAC 40 climbed 0.96%, while Germany's DAX 30 surged 1.98%.

The DAX's gains came as shares in Germany steelmaker ThyssenKrupp posted gains of 3.57%, while German insurer Allianz SE rose 3.8%. Meanwhile, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Auto Sales To Extend Gains In 2012

Posted: 02 Jan 2012 04:00 AM PST

01/02/12 The auto industry is expected to continue to improve in the new year. Sales of light vehicles rebounded in 2011, and are forecast to expand in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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