Thursday, February 9, 2012

DailyMarkets.com - Bank Indonesia Drops Rate 25bps To 5.75%

DailyMarkets.com - Bank Indonesia Drops Rate 25bps To 5.75%


Bank Indonesia Drops Rate 25bps To 5.75%

Posted: 09 Feb 2012 12:03 AM PST

Indonesia’s central bank, Bank Indonesia, cut the BI rate by 25 basis points to 5.75% from 6.00% previously.  The Bank said [translated]: “This decision was made as a further step to boost Indonesia’s economic growth amidst decreasing performance of the global economy, with the priority remains on achieving inflation target and exchange rate stability. With this BI rate decision, the lower and upper bounds of interest rate corridor of Bank Indonesia’s monetary operation becomes 3.75% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


National Bank Of Belarus Cuts Rate 200bps To 43.00%

Posted: 08 Feb 2012 11:47 PM PST

The National Bank of the Republic of Belarus cut its refinancing rate by 200 basis points to 43.00% from 45.00%, reversing a string of aggressive rate hikes.  The Bank said [translated]: “In recent months, there are persistent positive trends in the economy and the monetary sphere. Inflationary processes slowed the growth of consumer prices in December 2011 – January 2012 fell to about two percent per month. As a result of increasing the supply of foreign currency on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Aggressive Growth Stock: Liquidity Services

Posted: 08 Feb 2012 11:00 PM PST

Liquidity Services (LQDT) recently beat earnings and raised expectations and is now a Zacks #1 Rank (Strong Buy).
Company Description
Liquidity Services operates various online auction marketplaces for surplus and salvage assets such as liquidation.com, govliquidation.com and govdeals.com. The sites help businesses, governments and agencies sell surplus and salvage assets.
Earnings Surprises Streak
LQDT has posted results ahead of expectations for the last seven straight quarters. All but one, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bear Of The Day: Montpelier Re Holdings (MRH)

Posted: 08 Feb 2012 11:00 PM PST

We are downgrading Montpelier Re Holdings (NYSE:MRH) to Underperform from Neutral based on the company’s expectation of incurring operating losses in the fourth quarter. The current pricing environment in the primary insurance market and the stressed economy are expected to restrict top-line growth.
Montpelier has guided fourth-quarter 2011 net operating loss in the range of $0.25-$0.35 per share. Montpelier’s fourth quarter loss guidance includes an adverse impact of $40 million arising from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bull Of The Day: Amgen, Inc. (AMGN)

Posted: 08 Feb 2012 11:00 PM PST

Amgen, Inc. (NASDAQ:AMGN) reported fourth quarter earnings per share of $1.19, 5 cents below the Zacks Consensus Estimate, but 3.5% above the year-ago period. However, Amgen provided better-than-expected guidance for 2012. The company expects earnings in the range of $5.90 – $6.15 per share on revenues of $16.1 – $16.5 billion.
Amgen also announced its intention to acquire Micromet. We have raised our 2012 earnings estimate by 48 cents to $5.94 per share. The upward revision in earnings estimates … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Momentum Stock: Extra Space Storage, Inc.

Posted: 08 Feb 2012 11:00 PM PST

Extra Space Storage Inc. (EXR)
Since we last mentioned EXR as a growth and income stock back in June of 2011, it was trading right around $20.  Back then the company had delivered a strong earnings report noting high occupancy rates and other factors that encouraged them to raise FY2011 guidance. 
Flash forward 8 months and EXR is trading 36% higher and looking more like a momentum stock.  Let's not forget the fact that Extra Space is still throwing off a 2.05% dividend as a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Growth & Income Stock: The Fastenal Company

Posted: 08 Feb 2012 11:00 PM PST

Estimates have been rising for The Fastenal Company (NASDAQ:FAST) after it reported strong fourth quarter results, driven by a stellar 22% increase in sales.
It is a Zacks #2 Rank (Buy) stock.
Analysts project this strong growth to continue over the next couple of years. Based on consensus estimates, analysts expect 21% EPS growth this year and 19% growth next year.
On top of this, the company pays a dividend that yields a solid 1.4%.
Company Description
Fastenal is a leader in the wholesale … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Oil Patch “Boomtown Girls”: 1st ND Reality TV Hit?

Posted: 08 Feb 2012 07:54 PM PST

WILLISTON, N.D. – “Five sisters from a North Dakota boomtown are looking to make a bang on reality TV. A trailer for "Boomtown Girls," featuring five Williston sisters who work alongside men in the Oil Patch, recently became an Internet sensation locally (watch it above).

But few details are known about what will become of the four-minute video. Representatives from Atlanta-based Lucky Dog Filmworks say they can't comment yet about "Boomtown Girls."

The video shows the sisters … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: Usd/hkd Getting Close To The Top Of The Wedge.

Posted: 08 Feb 2012 06:21 PM PST

usd/hkd getting close to the top of the wedge which might continue to provide resistance for the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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