DailyMarkets.com - Terex Tops Estimates

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• Terex Tops Estimates
• SunPower Beats EPS, Misses Rev
• Earnings Preview: Medtronic
• RIO Settles In Neutral Zone
• BP South China Sea Venture OK???d
• Hot Option Plays: War Eagle
• Gas Price Collapse Hurts Encana
• Manufacturing Illusions
• Retaining Accuray At Neutral
• Ultra Petroleum Misses, Net Grows
• BorgWarner Beats, Profits Up 34%
• Tawfik Mounayer Talks Fashion Week At The NYSE
• EOG Excels As Crude Expands
• Applied Guides Above Expectations
• Zynga Gears Up To Turn Publisher
• RF Micro Battles Infringement Suit
• Agilent Reports In Line
• Guilfoyle: “Greece…like Jason – Grabs Your Ankle When You Want To Move On”
• Goldcorp Profit Rises In 4Q
• Derivative Giants Bid For LME
• Royal Caribbean Downgraded
• Greece Bailout Optimism Lifts Euro
• Mixed Bag From Allscripts In 4Q
• Goldman Sachs Upgraded To Neutral
• Biogen To Buy Stromedix
• ABB Underperforms Estimate
• Campbell Struggles, Yet Beats EPS
• Earnings Preview: Macy’s
• Portfolio Recovery Beats Marginally
• DaVita Outperforms, Affirms Outlook
• Qualcomm Upgraded To Outperform
• Ventas FFO In Line, Revs Soar
• Molson Coors Surpasses Estimates
• Warm Weather Aids OGE Numbers
• CitiMortgage, Further Evidence Of Wall Street Racket
• GGB’s 4Q Surges Y/Y; FY Plummets
• Stocks Mixed Ahead Of Holiday Weekend
• Leading Economic Index Points To Ongoing Growth
• Quick Updating The Long Term SP500 Fibonacci Reference Grid
• The Gestation And Rebirth Of “Buy And Hold”
• Euro Ticks Higher As ECB Swaps Bonds; Yen In Free Fall
• Oil Above $103 On Euro Rally
• World Stocks Jump On Greece Optimism, Again
• What Will Be The Most Promising Emerging Market?

Terex Tops Estimates Posted: 17 Feb 2012 11:50 AM PST Terex Corp. (NYSE:TEX) reported fourth quarter adjusted EPS of 26 cents, versus 20 cents in the year-ago quarter. The EPS was a penny ahead of the Zacks Consensus Estimate. Excluding the special items in both periods; Terex reported a loss per share of 3 cents in the quarter compared with a loss per share of 30 cents in the year-ago quarter. Net sales at Terex increased 47% to $1.957 billion from $1.327 billion in the year-earlier quarter, ahead of the Zacks Consensus Estimate of $1.896 billion. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

SunPower Beats EPS, Misses Rev Posted: 17 Feb 2012 11:50 AM PST SunPower Corporation's (NASDAQ:SPWR) fourth quarter 2011 adjusted loss (including stock-based compensation but excluding amortization of intangibles) of 21 cents per share was narrower than the Zacks Consensus Estimate of a loss of 26 cents per share, in contrast to the year-ago earnings of $1.33. On a reported basis, the company digested a loss of 84 cents per share versus earnings of $1.44 per share in the year-ago quarter. In recent times, solar players across the board have witnessed down … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Medtronic Posted: 17 Feb 2012 11:35 AM PST Leading medical devices company Medtronic (NYSE:MDT) is scheduled to report its third quarter of fiscal 2012 results before the market opens on Tuesday, February 21, 2012. The company is expected to earn an EPS of 84 cents on revenues of $4.029 billion during the quarter, according to the Zacks Consensus Estimate. Medtronic exceeded its expectations in two of the last four quarters. The four-quarter positive surprise of 0.94% implies that the company has surpassed the Zacks Consensus Estimate by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

RIO Settles In Neutral Zone Posted: 17 Feb 2012 11:30 AM PST We are upholding our Neutral recommendation on Rio Tinto plc (NYSE:RIO). The global markets have undergone a significant structural change over the past five years, reflecting the massive, material- intensive growth cycle in China, India and other emerging economies. The world has been witnessing rapid industrialization and urbanization among the developing nations; which over time, has reinvigorated massive commodity demand such as iron ore, copper, and aluminum. This furthers Rio Tinto's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BP South China Sea Venture OK???d Posted: 17 Feb 2012 11:20 AM PST BP Plc (NYSE:BP) recently won approval from the China's Ministry of Commerce (MOFCOM) for natural gas exploration in South China Sea. This marks the company's second deepwater venture off the coast of China following its purchase of a 41% stake in another block in the region in September 2010. The nod from MOFCOM entitles BP to have 40.82% share in block 43/11 during the exploration phase. However, it will get reduced to approximately 20% upon the commencement of production. China’s biggest … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: War Eagle Posted: 17 Feb 2012 11:18 AM PST Cusick’s Corner There is just no selling pressure in this market. While we are hovering around at breakeven, S&Ps +2.0, the retail side is not over exuberant with bullishness. If you look at the Put/Call ratio, CBOE Composite at .787, this is telling me that there is not a ton of call buying. So from a contrarian perspective there is nothing that would flag too much bullishness. This is a positive for a market that has been parabolic. The Retail sector, XRT, continues to perform and the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gas Price Collapse Hurts Encana Posted: 17 Feb 2012 11:10 AM PST Canada's largest natural gas producer Encana Corporation (ECA) reported weak fourth quarter results, primarily reflecting low natural gas prices. The company announced operating earnings per share (excluding one-time items) of 6 cents, below the Zacks Consensus Estimate of 8 cents and the year-ago income of 7 cents. However, revenues (net of royalties) came in at $2.5 billion, up 72.0% year over year and 36.7% above the Zacks Consensus Estimate, driven by higher production. For its fiscal … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Manufacturing Illusions Posted: 17 Feb 2012 11:06 AM PST Suddenly, manufacturing is back – at least on the election trail. But don't be fooled. The real issue isn't whether and how to get manufacturing back. It's how to get good jobs and good wages back. They aren't at all the same thing. Republicans have become born-again champions of American manufacturing. This may have something to do with crucial primaries occurring next week in Michigan and the following week in Ohio, both of them former arsenals of American manufacturing. Mitt Romney … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Retaining Accuray At Neutral Posted: 17 Feb 2012 10:55 AM PST We maintain our Neutral recommendation on Accuray Incorporated (NASDAQ:ARAY) following its second-quarter fiscal 2012 results. Its adjusted loss per share of 10 cents was narrower than the Zacks Consensus Estimate for a loss of 19 cents. Revenues (of $106.4 million) were also ahead of the Zacks Consensus Estimate. Accuray recorded solid growth in new system orders in the second quarter. The California-based company raised its revenue (on a reported basis) forecast for fiscal 2012, which is now … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Ultra Petroleum Misses, Net Grows Posted: 17 Feb 2012 10:55 AM PST Natural gas producer Ultra Petroleum Corporation (UPL) reported weaker-than-expected fourth quarter 2011 results, hurt by lower prices. Earnings per share, excluding special items, came in at 58 cents, missing the Zacks Consensus Estimate of 61 cents. However, compared with the year-earlier period, Ultra Petroleum's adjusted earnings per share rose 16.0% (from 50 cents to 58 cents) due to higher production. Total operating revenues, at $270.8 million, were shy of the Zacks Consensus Estimate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BorgWarner Beats, Profits Up 34% Posted: 17 Feb 2012 10:55 AM PST BorgWarner Inc. (NYSE:BWA) witnessed a 34% increase in profit to $1.19 per share (excluding special items of 19 cents per share) in the fourth quarter of 2011 from 89 cents per share in the same quarter of 2010. With this, the auto parts maker surpassed the Zacks Consensus Estimate by 3 cents per share. Revenues in the quarter went up 16% to $1.7 billion. The impact of foreign currencies, primarily the Euro, reduced net sales by about $6 million in the quarter. Operating income was 10.8% compared … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Tawfik Mounayer Talks Fashion Week At The NYSE Posted: 17 Feb 2012 10:45 AM PST 02/17/12 Prior to ringing the Closing Bell Thursday, fashion designer Tawfik Mounayer of the brand Tribune Standard talks business, fashion, Fashion Week 2012, and how it feels to mark the end of New York Fashion … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EOG Excels As Crude Expands Posted: 17 Feb 2012 10:35 AM PST EOG Resources Inc. (NYSE:EOG), a major independent oil and gas exploration and production company, has reported stellar adjusted fourth-quarter 2011 results on the back of an almost 54% growth in crude oil production. Quarterly adjusted earnings of $1.15 per share topped the Zacks Consensus Estimate of 89 cents and showed a substantial improvement from 36 cents earned in the year-earlier quarter. Full-year 2011 adjusted earnings of $3.79 per share also surpassed our expectation of $3.73 and the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Applied Guides Above Expectations Posted: 17 Feb 2012 10:35 AM PST Applied Materials' (NASDAQ:AMAT) first quarter pro forma earnings beat the Zacks Consensus Estimate by 6 cents or 50%. Revenues were partly responsible, beating consensus expectations by 11.1%. Revenue Applied reported revenue of $2.19 billion, which was flat sequentially and down 18.5% year over year. Varian's full-quarter contribution came in at $202 million. All except the AGS business did better than expected. Revenue by Segment SSG remains Applied's largest segment, with a 61% revenue … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Zynga Gears Up To Turn Publisher Posted: 17 Feb 2012 10:30 AM PST After reporting lackluster fourth quarter results, hurt by higher game development costs, social game maker Zynga Inc. (ZNGA) is gearing up to turn publisher, much akin to its closest competitor Electronic Arts Inc (EA). According to a recent report from Bloomberg, Zynga is expected to launch a new publishing program in March this year that will allow third party developers to showcase their games as well as advertise on the company's platform. The publishing program is somewhat similar to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

RF Micro Battles Infringement Suit Posted: 17 Feb 2012 10:20 AM PST RF Micro Devices, Inc. (NASDAQ:RFMD) recently announced that it vehemently contends the patent infringement accusation made by Peregrine Semiconductor Corp. at the U.S. District Court for the Central District of California. This suit filed against RF Micro is based on the infringement on patents of silicon-on-insulator technology used by the company related to radio-frequency integrated circuits (RFICs) of its chips manufactured. RF Micro is quite confident about getting exculpated from this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Agilent Reports In Line Posted: 17 Feb 2012 10:20 AM PST Agilent Technologies' (NYSE:A) fiscal first quarter earnings were in line with the Zacks Consensus estimate, led by weakness in the core semiconductor testing business. Revenue Agilent's revenue was down 5.4% sequentially and up 7.3% year over year, not reaching management's expectations of a 3-5% sequential decline($1.65 billion to $1.67 billion). Currency did not have a significant impact on total revenue. Agilent saw year-over-year revenue growth across all geographies, although Asia was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Guilfoyle: “Greece…like Jason – Grabs Your Ankle When You Want To Move On” Posted: 17 Feb 2012 05:20 AM PST 02/17/12 Meridian Equity Partners’ Stephen Guilfoyle weighs in on developments in Greece, US data and the upcoming holiday shortened trading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Goldcorp Profit Rises In 4Q Posted: 17 Feb 2012 10:15 AM PST Goldcorp Inc.'s (NYSE:GG) adjusted net earnings were $531 million or 66 cents per share in the fourth quarter of 2011, compared with $431 million or 59 cents in the year-ago quarter. Results exceeded the Zacks Consensus Estimate of 60 cents per share. For the full year, adjusted earnings came in at $1.8 billion or $2.22 per share, compared with $1.0 billion or $1.43 in 2010, missing the Zacks Consensus Estimate of $2.23 per share. Revenue In the fourth quarter of 2011, revenues increased to $1.5 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Derivative Giants Bid For LME Posted: 17 Feb 2012 10:10 AM PST The Financial Times reported that the US derivative exchange giants – NYSE Euronext Inc. (NYSE:NYX), CME Group Inc. (NASDAQ:CME) and IntercontinentalExchange Inc. (NYSE:ICE) have submitted their bid for London Metal Exchange (LME). Including these firms, about 15 companies have shown interest in the first round of preliminary bid that started off in September last year and closed yesterday. Founded in 1877, LME is the world’s largest futures exchange, which offers futures and options contracts on base … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Royal Caribbean Downgraded Posted: 17 Feb 2012 10:05 AM PST We recently downgraded our rating on Miami-based Royal Caribbean Cruises Ltd. (NYSE:RCL) from Neutral to Underperform. The second largest company in the cruise vacation industry was downgraded mainly based on a decline in bookings after the recent sinking of its peer Carnival Corporation's (NYSE:CCL) ship and the expected increase in the cost structure.  We are a bit doubtful about the cruising sector in the near term after Carnival's ship Costa Concordia ran aground in mid-January on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Greece Bailout Optimism Lifts Euro Posted: 17 Feb 2012 05:00 AM PST 02/17/12 Greek bailout optimism helped push the euro higher this afternoon on the forex markets, even touching a 2 1/2 month high against the safer-haven Japanese … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Mixed Bag From Allscripts In 4Q Posted: 17 Feb 2012 09:50 AM PST Allscripts Healthcare Solutions (NASDAQ:MDRX), a leading player in the health care information technology ("HCIT") market, reported fourth quarter adjusted (excluding one-time items other than stock-based compensation expense) earnings per share of 21 cents trailing the Zacks Consensus Estimate of 22 cents but ahead of the year-ago earnings per share of 20 cents. For fiscal 2011, adjusted earnings per share of 81 cents matched the Zacks Consensus Estimate. Reported net income for the quarter was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Goldman Sachs Upgraded To Neutral Posted: 17 Feb 2012 09:50 AM PST We have upgraded our recommendation on The Goldman Sachs Group Inc. (NYSE:GS) to Neutral from Underperform. The upgraded recommendation is based on the company's recent expansions to generate revenue growth, coupled with targeted cost reduction initiatives. Goldman is on a buying spree. The company has agreed to purchase a 4.8% stake in Mongolia's Trade and Development Bank. The terms of the deal were not disclosed. Goldman's stake purchase in the Mongolian bank indicates its plan to gain … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Biogen To Buy Stromedix Posted: 17 Feb 2012 09:50 AM PST Biogen Idec (NASDAQ:BIIB) recently signed a deal to acquire privately-held biotech company, Stromedix, Inc. With this acquisition, Biogen will gain access to treatments being developed for fibrosis and organ failure. Lead Candidate The lead candidate at Stromedix is STX-100, which is being developed for the treatment of fibrosis. The candidate is scheduled to enter into a phase II study that will be conducted in patients with idiopathic pulmonary fibrosis (IPF). According to the press release issued … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ABB Underperforms Estimate Posted: 17 Feb 2012 09:50 AM PST ABB Ltd. (NYSE:ABB) reported fourth-quarter 2011 earnings per share of 36 cents, below the Zacks Consensus Estimate of 43 cents and above prior-year earnings of 31 cents. For 2011, the company reported earnings per share of $1.38, below the Zacks Consensus Estimate of $1.46 and above prior-year earnings of $1.12. The company benefited from strong revenue and cost saving, leading to increased profitability. Successful project also aided growth, leading to record revenues and solid earnings. Total … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Campbell Struggles, Yet Beats EPS Posted: 17 Feb 2012 09:35 AM PST High-quality foods and simple meals manufacturer Campbell Soup Company (NYSE:CPB) reported a 10% decline in adjusted earnings per share for the second-quarter 2012. The quarterly earnings of 64 cents per share, however, surpassed the Zacks Consensus Estimate of 62 cents. During the quarter, net sales inched down 1% from the prior-year quarter to $2,112 million, missing the Zacks Consensus Estimate of $2,116 million by $4 million. The decrease was primarily due to a negative impact from volume and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Macy’s Posted: 17 Feb 2012 09:20 AM PST Macy's, Inc. (NYSE:M), one of the leading department store retailers in the United States, is scheduled to report its fourth quarter and fiscal 2011 financial results before the market opens on Tuesday, February 21, 2012. The current Zacks Consensus Estimate for the quarter is $1.65 per share, which reflects growth of 3.8% from the prior-year quarter's earnings. Estimates currently range between a low of $1.64 and a high of $1.67 per share. The Zacks Consensus Estimate for revenue is at $8,700 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Portfolio Recovery Beats Marginally Posted: 17 Feb 2012 09:20 AM PST Portfolio Recovery Associates Inc. (PRAA) reported fourth-quarter income from continuing operations of $1.54 per share, which surpassed the Zacks Consensus Estimate of $1.52 and prior-year earnings of $1.20. Operating income amounted to $26.6 million, compared with $20.6 million in the fourth quarter of 2010. Earnings were primarily driven by strong top-line growth attributable to continuous improvement in cash collections from both bankruptcy and core portfolios, partly offset by weak … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

DaVita Outperforms, Affirms Outlook Posted: 17 Feb 2012 09:15 AM PST DaVita Inc. (DVA) reported fourth-quarter income from continuing operations of $1.58 per share, which surpassed the Zacks Consensus Estimate of $1.48 and prior-year quarter earnings of $1.13. Operating income amounted to $149.4 million, compared with $111.9 million in the fourth quarter of 2010. Including an after-tax debt refinancing and redemption charge of $42.9 million or 43 cents per share, the prior-year quarter's operating income amounted to $68.9 million or 70 cents per share. Net … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Qualcomm Upgraded To Outperform Posted: 17 Feb 2012 09:05 AM PST We have upgraded our recommendation on Qualcomm Inc. (NASDAQ:QCOM) to Outperform. Recently, it reported a record high result for the first quarter of fiscal 2012. Net income was up 20% year over year and 33% sequentially, indicating Qualcomm's operating efficiency. Management is quite confident that it will be able to maintain its current pace of top and bottom line growth for at least the next five years. There are primarily four reasons for this positive outlook: (1) gradual introduction of 4G … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Ventas FFO In Line, Revs Soar Posted: 17 Feb 2012 09:05 AM PST Ventas, Inc. (NYSE:VTR), a real estate investment trust (REIT),r eported fourth 2011 funds from operations (FFO) of $359.1 million or $1.24 per share compared with $108.3 million or  68 cents in the year-earlier quarter. Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and other non-cash expenses to net income. FFO for fiscal 2011 was $824.9 million or $3.57 per share compared with $421.5 million or $2.67 in fiscal … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Molson Coors Surpasses Estimates Posted: 17 Feb 2012 09:00 AM PST Molson Coors Brewing Co.(NYSE:TAP) reported adjusted earnings of 97 cents per share in the fourth-quarter 2011, exceeding the Zacks Consensus Estimate of 71 cents. The earnings also surpassed the prior-year quarter earnings of 66 cents. Adjusted earnings in fiscal 2011 were $3.76 per share, which also exceeded both the Zacks Consensus Estimate and the prior-year earnings of $3.50 and $3.56 per share. Including special one-time items, Molson Coors reported earnings of 95 cents per share, up 61.0% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Warm Weather Aids OGE Numbers Posted: 17 Feb 2012 09:00 AM PST OGE Energy Corporation (NYSE:OGE), a distributor of natural gas and electricity primarily in the south central United States, reported fourth quarter and fiscal 2011 results. In the reported quarter, the company with pro forma and GAAP earnings of 37 cents per share topped the Zacks Consensus Estimate by 2 cents. It was also above the year-ago figure of 31 cents per share. The upside was attributable to higher gross margins at Oklahoma Gas and Electric Company ("OG&E") due to increased … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CitiMortgage, Further Evidence Of Wall Street Racket Posted: 17 Feb 2012 08:35 AM PST The story of rampant abuse within Citi (NYSE:C)Mortgage is garnering enormous attention throughout the blogosphere today. Do you find it ironic that an institution such as Citi (NYSE:C) which was saved by Uncle Sam in 2008 would be abusing the old man a full three years later? No surprise here. In a financial system in which regulators are ill equipped and overwhelmed by industry practices, rampant abuse and fraud seems to have become endemic. I tip my hat to  Sherry Hunt, a whistleblower … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GGB’s 4Q Surges Y/Y; FY Plummets Posted: 17 Feb 2012 08:25 AM PST   Brazilian steel producer, Gerdau S.A. (NYSE:GGB) reported its financial results for the fourth quarter and fiscal year 2011 on February 15, 2012. The company's net income increased 12.0% year over year to R$472 million (US$262.2 million). The bottom-line results were driven by higher shipments and financial income as well as lower income taxes in the quarter. These were partially offset by higher cost of sales. In the fiscal year, net income plummeted 15% year over year to R$2,098 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Mixed Ahead Of Holiday Weekend Posted: 17 Feb 2012 08:15 AM PST 02/17/12 The major equity averages turned mixed ahead of the Presidents’ Day weekend. The Dow remained rangebound following the latest economic data and earnings … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Leading Economic Index Points To Ongoing Growth Posted: 17 Feb 2012 08:00 AM PST   The Conference Board reported today that its Leading Economic Index (LEI) increased in January for the fourth consecutive month, reaching and index level of 94.9, the highest level since July of 2008, three and-a-half years ago (see chart above).  The 0.4% increase in January followed a 0.5% increase in December.  From the report, Ataman Ozyildirim, economist at The Conference Board commented:  "This fourth consecutive gain in the LEI reflected fairly widespread … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Quick Updating The Long Term SP500 Fibonacci Reference Grid Posted: 17 Feb 2012 07:33 AM PST With the S&P 500 interacting with another key overhead price level, let's take a moment to pull the perspective back to update the long-term (from 2007's peak) Fibonacci "Bull Market" Retracement Grid. Here's the clean picture on the Weekly Perspective: The Long-Term Fibonacci Retracement grid begins at the 2007 market peak (1,576) and ends at the 2009 March low (666). The Retracement Grid measures the percentage price has retraced higher in the context of this 1,576 to 666 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Gestation And Rebirth Of “Buy And Hold” Posted: 17 Feb 2012 07:32 AM PST As January ended, I reiterated a hypothesis that the market was following the script written at the end of the 1970′s secular bear market by writing in That Old 1978-82 Analog Again, "On the one hand, we might actually be … Continue reading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro Ticks Higher As ECB Swaps Bonds; Yen In Free Fall Posted: 17 Feb 2012 07:18 AM PST Fundamental Headlines - ECB Plan to Shield Its Greek Bonds May Subordinate Some Holders – Bloomberg - Germany Seeks to Avoid Two-Step Vote on Greek Aid – Bloomberg - Inflation Heats Up on Gasoline Prices – Reuters - Germany, Bank Ease Tensions on Bailout – WSJ - U.K. Retail Sales Stronger Than Expected – WSJ European Session Summary Overnight price action yielded little indication of whether Friday would be a risk-on or risk-off day to end the week. The U.S. Dollar was slightly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Oil Above $103 On Euro Rally Posted: 17 Feb 2012 07:00 AM PST 02/17/12 Oil prices were rising above $103 a barrel Friday morning as optimism concerning Greece receiving its second bailout led the way for a euro rally and jump in risk appetite for higher-yielding, riskier … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

World Stocks Jump On Greece Optimism, Again Posted: 17 Feb 2012 01:15 AM PST 02/17/12 Global stocks rallied in early trading Friday on hopes that Greece will soon get its second bailout … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

What Will Be The Most Promising Emerging Market? Posted: 16 Feb 2012 10:00 PM PST Bloomberg Markets magazine recently posted a list of the "most-promising emerging and frontier markets for investors." Rankings were determined by several investment measures, including GDP growth and ease of doing business. A slideshow from Business Insider does an excellent job showcasing these engines of growth. It's no surprise Bloomberg determined China was the most-promising market. The country's GDP is set to grow at an average of 9.4 percent over the next four years, outpacing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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