Thursday, March 1, 2012

DailyMarkets.com - Bye Bye American Pie: The Challenge Of The Productivity Revolution

DailyMarkets.com - Bye Bye American Pie: The Challenge Of The Productivity Revolution


Bye Bye American Pie: The Challenge Of The Productivity Revolution

Posted: 01 Mar 2012 04:43 PM PST

Here's the good news. The economic pie is growing again. Growth in the 4th quarter last year hit 3 percent on an annualized rate. That's respectable – although still way too slow to get us back on track given how far we plunged.
Here's the bad news. The share of that growth going to American workers is at a record low.
That's largely because far fewer Americans are working. Although the nation is now producing more goods and services than it did before the slump began in 2007, we're … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Updating The SP 500 And Sigma Bands For March

Posted: 01 Mar 2012 04:29 PM PST

I've posted previously about how price has a tendency to ride between "Sigma Bands" or Standard Deviation Bands for extended periods of time, and that's what's happening at this moment in the S&P 500.
Let's take a quick look at the current S&P 500 Sigma Band chart and note the developments so far – and levels to watch for a reversal/break from this pattern.

To get background information on this chart, visit my prior post "A Lesson on Silver, Stability, and Sigma … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Hot Option Plays: Pipeline Headlines Rattle Market

Posted: 01 Mar 2012 04:18 PM PST

Cusick’s Corner
Quite a way to end the day with the oil markets moving a $2 clip, 108-110 in Brent, as headlines raced across about pipelines being blown up and then being found untrue. To traders the move on the news in equities, S&Ps down to 1368, was a bit unexpected but the bid bit into the pull back right off the highs, 1375. There are some short term risks to the market, Iran, so this is yet another reason why one might want to strategize a scaling method into trades, i.e. 25% at a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Zynga.com Launches, Stock Takes Off

Posted: 01 Mar 2012 03:58 PM PST

03/01/12 Zynga unveiled its own online web site Zynga.com. The new site will also act as a platform where third-party game developers can publish … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Car Sales Shift Into High Gear, 4-Year High In Feb.

Posted: 01 Mar 2012 03:41 PM PST

For the second month in a row, U.S. auto sales came in much higher than the consensus expected in February and reached a four-year high of 15.1 million units at a seasonally-adjusted annual rate (see chart above).  Despite higher gas prices, total February light vehicle sales came in an impressive 15.7% above a year earlier, led by a 40.4% increase for Chrysler and 34% increase for Volkswagen.  Sales of the Ford Focus doubled over the last year, and the company overall had a 14.4% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


CNO Hikes Buyback Authorization

Posted: 01 Mar 2012 03:35 PM PST

Yesterday, the board of CNO Financial Group Inc. (NYSE:CNO) announced a $100 million hike in its share repurchase authorization, as a part of its constant endeavor to return value to shareholders. The increased authorization takes the total balance to $130 million from $30 million at 2011-end, when the company had 241 million outstanding shares.
During 2011, CNO Financial repurchased 11.12 million shares at an average price of $6.28 under its $100 million share repurchase program, which commenced … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


DTS’s Audio For Pantech Tabs

Posted: 01 Mar 2012 03:25 PM PST

DTS Inc.'s (NASDAQ:DTSI) high-quality sound solutions will be available on Pantech Element, a 4G LTE waterproof tablet from the Korean mobile handset maker Pantech Co. Ltd. Under the terms of the multi-year agreement, DTS's audio technology will be integrated into all Pantech devices including smartphones and tablets.
The partnership initially pertained to smartphones but was later extended to Pantech's tablet phone Vega and now Pantech Element [exclusively available with AT&T Inc. (NYSE:T)], … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


UNH To Buy Two MA Health Plans

Posted: 01 Mar 2012 03:20 PM PST

On Tuesday, UnitedHealthcare, a division of UnitedHealth Group, Inc. (NYSE:UNH), announced its intention to acquire two privately-owned health plans – Preferred Care Partners (Preferred Care) and Medica HealthCare Plans (Medica). Both these companies have their operations spread across Florida and serve Medicare Advantage ("MA") members.
With this acquisition, UnitedHealth will add 75,000 Medicare Advantage members to its existing count. While Miami-based Preferred Care has 50,000 MA … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Quiet Friday On US Data Front

Posted: 01 Mar 2012 10:20 AM PST

03/01/12 The first Friday of the month is light on the US economic calendar. The February jobs report will be released next Friday, March … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


People’s United Expands In New York

Posted: 01 Mar 2012 03:10 PM PST

On Tuesday, the regional bank, People’s United Financial, Inc.'s (NASDAQ:PBCT), came up with an expansion plan in the New York State. The bank is increasing its footprints in New York with the acquisition of 56 branches from Citizens Financial Group Inc. The deal is valued at $3.25 million.
Besides buying 56 Citizen branches, People's United will take over $325 million worth of deposits related to these branches. Alongside, the company would be paying 1% premium to Citizens on the deposits … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Potash Extends Mine Shutdowns

Posted: 01 Mar 2012 02:55 PM PST

Potash Corporation of Saskatchewan (NYSE:POT) announced that it has extended shutdowns at its Rocanville and Lanigan potash mines in the Western Canadian province of Saskatchewan. The strike has been extended by four weeks til March 31 in order to reduce inventories that are rising due to weak demand.
The Rocanville mine, which has the capacity to produce 2.8 million tons of potash a year, was shut down in December 2011. The company has extended the shutdown at the mine for the second time. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Scorecard: ANADIGICS

Posted: 01 Mar 2012 02:45 PM PST

Earnings estimates tumbled down for ANADIGICS, Inc. (NASDAQ:ANAD) in the last seven days after the company reported results for the fourth quarter.
ANADIGICS reported in-line results for the fourth quarter but the outlook provided by the company was disappointing.
Consequently, all the analysts covering the stock decreased their estimates leading to a sharp fall in estimates for 2012.
The current Zacks Consensus Estimate for 2012 is a loss of $0.78, down by $0.10 in the last seven days and by $0.18 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stocks Watchlist For Friday, March 02

Posted: 01 Mar 2012 02:41 PM PST

 ( click to enlarge )

Ford Motor Company (NYSE:F) – The technical chart shows very bullish sign as the stock is back on top of 20 day moving average. The bias is now bullish in nearest term but remains neutral in medium term. All indicators are bullish and point to more upside. For now, expect a run up to next resistance area around $13. If the stock is able to cross it and sustain above it, then it might go to $14.

 ( click to enlarge )

Goldman Sachs Group, Inc.(NYSE:GS) broke out and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


United Continental’s New Labor Deal (revised)

Posted: 01 Mar 2012 02:30 PM PST

Following the labor agreement with International Brotherhood of Teamsters, United Continental Holdings (UAL) has reached another milestone in integrating its workforce by ratifying a new labor agreement involving 15,000 United Airlines flight attendants represented by the Association of Flight Attendants (AFA-CWA).

According to the deal, United's employees  will receive a 10% compensation hike and a signing bonus of $5,000. Additionally, this new contract will expedite the process of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Jacobs Upholds Winning Legacy

Posted: 01 Mar 2012 02:30 PM PST

Contract wins and project awards have always reinforced positional advantages for the engineering and construction professionals like Jacobs Engineering Group Inc. (NYSE:JEC), in a global infrastructure platform. Continuous inflow of contracts as well as the alliance/acquisition strategies continued to prove beneficial for the top-line results of these ventures, including that of Jacobs.
The recent Design Supplier Contract Alliance with Sellafield and strategic EPCM service contract from the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: Usd/krw Broke Through This Upward Channel.

Posted: 01 Mar 2012 02:22 PM PST

usd/krw broke through this upward channel and now testing recent … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


CVS Caremark Remains Neutral

Posted: 01 Mar 2012 02:20 PM PST

Recently, we reiterated our Neutral recommendation on CVS Caremark Corporation (NYSE:CVS) with a target price of $46.00.
CVS reported adjusted EPS of 89 cents in the fourth quarter of 2011 in line with the Zacks Consensus Estimate and 12.6% higher than the year-ago quarter. For the full year, adjusted EPS rose 4.5% (5.9% excluding 2010 tax benefit) to $2.80, also matching the Zacks Consensus Estimate.
CVS is gradually witnessing strong performance in the field of Pharmacy Services. After a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


H-P Forays Into Patient Care Business

Posted: 01 Mar 2012 02:15 PM PST

The leading PC manufacturer in the world, Hewlett-Packard Company (NYSE:HPQ) recently announced that it is venturing into the patient care business. HP has won a contract from the Runnymede Healthcare Centre in Canada, wherein the latter will deploy the HP Converged Infrastructure. The solution is expected to facilitate patient care and reduce IT administration time and costs.
Runnymade Healthcare was earlier suffering from considerable network downtime with an outdated data infrastructure. This … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Slowing Growth In Income = Slowing Pace Of Spending?

Posted: 01 Mar 2012 02:12 PM PST

Based on the latest data (reported earlier today), the rate of growth in year-on-year personal income has fallen below that of personal spending, with the ratio of the former to the latter hitting its lowest level since June 2010.

Simply put, unless household income is poised for an imminent jump — which would seem to require a significant and sustained boost in new hiring in the absense of any “quick fix” stimulus programs — this development suggests that the already languid pace of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Revenues Rise At Bayer

Posted: 01 Mar 2012 02:06 PM PST

Bayer's (BAYRY) earnings per share during the fourth quarter of 2011 came in at €0.97 (approx $1.31) compared to €0.95 (approx. $1.29) in the year-ago period. Higher revenues boosted earnings. The Zacks Consensus Estimate hinted at earnings of $1.26.
The emerging markets performed well during the quarter. Prior year quarter earnings were hurt by net special charges of €954 million, while Bayer incurred net special charges of only €215 millionin the final quarter of 2011.
The company … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


U.S. Stocks Hold Gains, Finish Higher

Posted: 01 Mar 2012 02:00 PM PST

03/01/12 Stocks rose after firm readings from the labor market and retail sales, but gave up gains late in the session after a report of a pipeline explosion in Saudi … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


General Mills Eats Chips Company

Posted: 01 Mar 2012 01:55 PM PST

General Mills Company (NYSE:GIS) is striving hard to bolster its presence in the snacks market, and subsequently has decided to buy the fast-growing natural snack foods company, Food Should Taste Good.
The company, however, has not disclosed the terms of the deal. General Mills has revealed that Food Should Taste Good will be integrated into the Small Planet Foods business of General Mills.
In 1999 General Mills acquired the small Sedro-Woolley-based company, Small Planet Foods for an undisclosed … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Caterpillar To Take Over Japan JV

Posted: 01 Mar 2012 01:55 PM PST

To further strengthen its presence in Asia, Caterpillar Inc. (NYSE:CAT) announced that it will become the sole owner of their 50-50 joint venture in Japan, Caterpillar Japan Ltd, for a total deal value of 36.5 billion JPY ($450 million). The takeover is expected to be completed in the second quarter of 2012.
The Japanese alliance goes back more than 45 years when Caterpillar and Mitsubishi formed the joint venture known as Caterpillar Mitsubishi. In 1987, following expansion, the venture … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


EBay Making Strides In ECommerce

Posted: 01 Mar 2012 01:50 PM PST

In order to enhance mobile commerce capabilities, e-commerce service provider, eBay Inc. (NASDAQ:EBAY) has been developing new applications for its mobile-commerce platforms and popularizing payment through smartphones.
The company announced a number of strategic moves to boost mobile offerings, including a new partnership with Three.co.uk, UK's fastest growing mobile network, to deliver Android devices preloaded with eBay mobile apps.
Additionally, eBay aligned its PayPal suite with Spain's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Gap Spreads Wings Into Latin America

Posted: 01 Mar 2012 01:35 PM PST

Encouraged by the response of its first Latin American store and in tune with its strategy of expanding international footprint, Gap Inc. (NYSE:GPS) stepped into Panama by opening two stores — one Gap and one Banana Republic. The stores have been launched under the franchisee model in agreement with Superior Retail Inc.
Located in the Albrook Mall in Panama City, the stores will offer the U.S collection of Gap, GapKids and babyGap and Banana Republic's affordable luxury attire and accessories … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Deere Hikes Dividend

Posted: 01 Mar 2012 01:30 PM PST

Deere & Company (NYSE:DE) has upped its quarterly dividend by 5 cents to 46 cents. This marks the tenth consecutive year of the company's dividend hike. The increased dividend will be payable on May 1, 2012 to shareholders of record as on March 30, 2012.
The dividend increase, which translates into a 12% raise from the prior dividend of 41 cents, came after nearly nine months. On May 24, 2011, Deere increased its dividend by 6 cents to 41 cents.
Deere reported earnings of $1.30 per share; an … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


State Street Fined For Failed CDO

Posted: 01 Mar 2012 01:20 PM PST

State Street Corporation (NYSE:STT) has been penalized by Massachusetts state regulators for its alleged role in marketing and selling risky collateralized debt obligation (CDO) without disclosing proper information to its clients. The company has been asked to pay a total of about $5 million ($3.54 million as fees and profits earned on the deal and $1.45 million as penalty).
In 2006, as an investment manager for a CDO, known as Carina CDO Ltd., State Street was helped by Magnetar Capital LLC, a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Statoil-Aker Sign Enhancement Deal

Posted: 01 Mar 2012 01:06 PM PST

Statoil ASA (NYSE:STO), in a bid to replace and upgrade the drilling facilities on the Snorre A platform, has given Aker Solutions a contract worth NOK 1 billion ($180 million).
Located in blocks 34/4 and 34/7 in the Tampen area of the Norwegian North Sea, Snorre development comprises two platforms, A and B. The field came online in August 1992.

Drilling and maintenance being the two most significant operations, the contract will not only enhance the lifetime of the existing fields but also … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Nokia Set To Launch Cheaper Lumia

Posted: 01 Mar 2012 12:55 PM PST

Nokia (NYSE:NOK) recently launched their fourth Lumia series of handsets called Lumia 610 affordably priced at $254. The new series of handsets is mainly targeted toward the youth of the society. The new phone is expected to hit the stores in the second quarter of fiscal 2012.
The new low-priced Nokia Lumia 610 provides easy access to popular Xbox Live games, supports Nokia Maps, Nokia Drive, Nokia Transport and Nokia Music. One can also gain access to more than 55,000 applications available in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Kimberly-Clark Hikes Dividend

Posted: 01 Mar 2012 12:50 PM PST

Kimberly-Clark Corporation (NYSE:KMB), with its quarterly dividend hike to 74 cents per share from 70 cents per share, boasts of a record of dividend increase for 40 years consecutively.
The company hiked its dividend by 6% and the increased dividend is payable on April 3, 2012 to shareholders of record on March 9, 2012.
The move comes a month after the company posted outstanding fourth quarter and fiscal 2011 earnings of $1.28 and $4.80 per share, which were 7.0% and 2.6% higher than the year-ago … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Scorecard: Patterson

Posted: 01 Mar 2012 12:35 PM PST

Patterson Companies' (NASDAQ:PDCO) third-quarter fiscal 2012 results have drawn somewhat mixed reaction among the analysts. The company's profit for the quarter dipped 4% year over year on account of costs associated with its Employee Stock Ownership Plan ("ESOP").
Revenues climbed 8.5% year over year as Patterson saw higher sales across its Dental Supply and Veterinary Supply divisions in the quarter, which more than offset a decline in the Rehabilitation Supply unit.
Highlights from the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Thermo Fisher Initiates Dividend

Posted: 01 Mar 2012 12:20 PM PST

There is good news for Thermo Fisher Scientific's (NYSE:TMO) shareholders as the Board has approved the initiation of a quarterly cash dividend. This move is based on the company's adopted strategy of effective capital deployment that strives to create shareholder value.  This proves the company's confidence to return value to investors through dividend payments besides pursuing opportunities that generate long-term growth.
The Waltham, Massachusetts based company will pay the initial … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Exxon’s Usan Commences Production

Posted: 01 Mar 2012 12:05 PM PST

ExxonMobil Corporation (NYSE:XOM), through its Nigerian affiliate − ExxonMobil subsidiary Esso E&P Nigeria (Offshore East) Limited − experienced the first oil from the Usan field off the coast of West Africa. This is expected to boost Nigeria's daily oil production capacity by 180,000 barrels at peak level. Nigeria is considered to be Organization of the Petroleum Exporting Countries' (OPEC) fourth largest oil producer.
The Usan project is a joint deepwater offshore development venture … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Uranium Miners Beginning Major Upswing: Interview With Jeb Handwerger

Posted: 01 Mar 2012 11:54 AM PST

Despite the Fukushima setback of last March, nuclear power is not a dinosaur industry of the past, according to Jeb Handwerger, editor of Gold Stock Trades. In fact, he believes the world is reawakening to the need for nuclear power generation, which demands increasing amounts of uranium. The big-percentage returns on uranium will come from the near term U.S. domestic producers and junior exploration companies in the Athabasca Basin, and in this exclusive interview with The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Grupo TMM Sees High Utilization And New Opportunities

Posted: 01 Mar 2012 11:50 AM PST

Grupo TMM sees High Utilization and New Opportunities
Ken Nagy, CFA

On February 27, 2012, Grupo TMM, S.A.B. (TMM), the Mexican intermodal transportation and logistics company, reported financial results for its fourth quarter and fiscal year, ended December 31, 2011.

While the Company reported mixed results for the quarter due to continued challenging global economic conditions, we feel that if investors look beyond the surface they will like what they find. Grupo TMM continued to see higher … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Scorecard: Becton

Posted: 01 Mar 2012 11:50 AM PST

Estimates for Becton, Dickinson and Company (NYSE:BDX) are on a downswing following the first-quarter fiscal 2012 results, which appears to reflect its lower year-over-year earnings in the quarter due to higher raw material prices, tough pricing comparisons and rising expenditures for recent acquisitions.
The Results in Brief
Net income (as reported) for the first quarter dropped 16.8% year over year to roughly $263 million (or $1.21 a share). Becton Dickinson recorded revenues of $1,888 million … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Veolia Posts Mixed Numbers

Posted: 01 Mar 2012 11:35 AM PST

Veolia Environnement (NYSE:VE) announced its fiscal 2011 financial results. The company's 2011 operating earnings per share declined 40.8% to €0.58 (81 cents) from €0.98 ($1.30) in 2010. The results of the company surpassed the Zacks Consensus Estimate of 77 cents.
Loss per share, as per GAAP, during the year was €0.99 ($1.38) in 2011 versus earnings per share of €1.16 ($1.54) in 2010. The difference between GAAP and operating earnings was due to the impact of discontinued … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


CHK Set To Divest Permian Acreage

Posted: 01 Mar 2012 11:35 AM PST

Chesapeake Energy Corporation (NYSE:CHK) in an endeavor to bridge the funding gap has put its Permian Basin oil fields up for sale. In the case of an outright sale, the properties are expected to yield an amount in excess of $10 billion.
The Permian Basin, spanning 75,000 square miles across west Texas and New Mexico, is the largest oil-producing areas and the most rich reserves after North Slope in Alaska.
Chesapeake maintains a strong position in the Permian Basin with approximately 1.5 million … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Hot Option Plays: Is The Hallway Tightening Up?

Posted: 01 Mar 2012 11:23 AM PST

Cusick’s Corner
The equities are holding up well but the flags have me not buying into this level. The reason that I believe that is the Smaller Cap brethren, IWM/RUT, are stuck in the mud. Smaller higher beta stocks have been hitting resistance for the last week and Large Caps, SPY, have been on a tear. So this flag tells me that it’s not a long term trend change that is in the making, but rather a potential turning point, 138 in the SPY, which could be leading to what a lot of traders have … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


MAA Prices Secondary Offering

Posted: 01 Mar 2012 11:20 AM PST

MAA (NYSE:MAA), an apartment-only real estate investment trust (REIT), has recently priced the secondary offering of 1.7 million common shares at $62.23 each. The company has also granted the underwriters an option to purchase an additional 255,000 shares to cover any over-allotments.
UBS Investment Bank, the investment banking division of UBS AG (NYSE:UBS) and Jefferies & Company, Inc., the principal operating subsidiary of Jefferies Group, Inc. (NYSE:JEF) acted as the joint book-running managers … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Kroger Beats By A Penny

Posted: 01 Mar 2012 11:05 AM PST

The Kroger Company (NYSE:KR), one of the largest grocery retailers, recently posted fourth-quarter 2011 results. The quarterly earnings of 50 cents a share beat the Zacks Consensus Estimate by a penny, and rose 8.7% from 46 cents earned in the prior-year quarter. The increase in the bottom-line came ahead of Kroger's long-term goal of 6% to 8% growth.
On a reported basis, including United Food and Commercial Workers pension plan consolidation, the company incurred a quarterly loss of 54 cents … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


EA Releases Amalur’s First DLC

Posted: 01 Mar 2012 11:05 AM PST

Since Kingdom of Amalur: Reckoning released on January 7, 2012, the franchise has enjoyed tremendous response from all quarters. To build on this success, Electronic Arts Inc. (EA) has launched Kingdom of Amalur's first downloadable content pack (DLC), The Legend of Dead Kel.
In The Legend of Dead Kel, gamers will encounter new challenges and battle new enemies with eight new armor sets, eight new shields and 18 new weapons with unique features. The content pack is based in the island of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Waters Reiterates At Neutral

Posted: 01 Mar 2012 10:50 AM PST

We recently maintained a Neutral recommendation on Waters Corporation (NYSE:WAT).
Waters Corporation, an analytical instrument manufacturer, designs, manufactures, sells and services, through its Waters Division, high performance liquid chromatography, ultra performance liquid chromatography (LC) and mass spectrometry (MS) instrument systems and support products, including chromatography columns, other consumable products and comprehensive post-warranty service plans. These systems are … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Mogavero: “Higher Commodity Prices…headwinds To Stock Market”

Posted: 01 Mar 2012 10:50 AM PST

03/01/12 Mogavero, Lee & Co.’s Doreen Mogavero discusses the new trading month and key fundamentals that will continue to affect the broader … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Honda Recalls Odysseys

Posted: 01 Mar 2012 10:35 AM PST

Honda Motor Co. (NYSE:HMC) announced that it would recall 45,747 units of Odyssey minivans due to a problem with their power tailgates. It has been revealed that the power tailgates, when open, can drop unexpectedly, potentially injuring anyone standing underneath. So far, the defect resulted in two minor injuries caused by falling tailgates.
The recall affects Odysseys from the model year 2008 and 2009, which are equipped with power rear lift gates. Honda decided to begin the safety recall on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


GD Snaps Up Enterprise Jet Center

Posted: 01 Mar 2012 10:25 AM PST

Jet Aviation, a wholly owned subsidiary of General Dynamics Corporation (NYSE:GD), has acquired the Enterprise Jet Center fixed-base operator ("FBO") at Hobby Airport in Houston, Texas for an undisclosed amount. The Center provides fuel, catering, aircraft cleaning and maintenance, repair and overhaul ("MRO") services to private aircraft.
Enterprise Jet Center is one of the largest and most modern FBOs at Houston Hobby Airport. The only facility that is open 24×7 includes a 10,000-square … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: USDJPY Respects Topside Resistance

Posted: 01 Mar 2012 10:18 AM PST

The USDJPY continues to consolidate the gains from yesterday (trendline support held nicely yesterday). The pair in the NY session respected the topside trendline (see hourly chart above) but has remained above the 100 hour MA (at 80.745). Staying above that level keeps the bulls in charge.
Looking at the 5 minute chart below, the price corrected more than 38.2% in the late asian sessiom but held the 38.2%  retracement in the NY session.  Holding that level keeps the intraday buyers … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


State Of Alaska Takes Active Role In Developing Heavy Rare Earths In The U.S.

Posted: 01 Mar 2012 09:17 AM PST

The CEO of Ucore (UCU.V or UURAF), Jim Mckenzie, recently released significant news of the progress on Bokan Mountain as Ucore moves ahead in its development as the sole United States heavy rare earth provider.  Alaskan Governor Parnell has placed Ucore on the proposed budget for 2013.  He proposes to allocate $8.1 million into expediting Ucore's development as a viable corporate entity.  This is meat and potatoes stuff.
The state government of Alaska is sponsoring explicit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stocks Pare Gains On ISM Manufacturing

Posted: 01 Mar 2012 08:30 AM PST

03/01/12 US stocks kick off March with a modest gain. After ending February with a strong advance, the major indices pared gains after a weaker-than-expected ISM manufacturing reading for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Futures Higher Following Jobless Claims

Posted: 01 Mar 2012 01:10 AM PST

03/01/12 U.S. stock futures continued to rise this morning, showing a strong start to a new month, following weekly jobless claims coming in at near four-year … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For ETF Trading On Friday, March 2, 2012

Posted: 01 Mar 2012 04:06 AM PST

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Friday, March 2, 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
− 0.45
110.63
110.52

Bearish

BND – Vanguard Total Bond Market ETF
83.57
− 0.39
83.83
83.71

Bearish

DBC – DB Commodity Index Tracking Fd
29.78
+ 1.57
29.47
29.46

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, March 2, 2012

Posted: 01 Mar 2012 04:06 AM PST

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Friday, March 2, 2012

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
10.27
+ 0.98
10.30
10.40

Bearish

AXP – American Express Company
53.57
+ 1.29
53.39
53.07

Bullish

BA – Boeing Co
75.08
+ 0.17
75.15
75.93

Bearish

BAC – Bank of America Corporation
8.12
+ 1.88
8.09
7.99

Bullish

CAT – Caterpillar Inc
113.39
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Futures Trading On Friday, March 2, 2012

Posted: 01 Mar 2012 04:06 AM PST

By ForexMansion.com

The Trend Trader for Futures
For Trading On Friday, March 2, 2012

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Mar ESH2
1374.50
+ 0.73
1368.53
1361.00

Bullish

Dow Jones – Mar YMH2
12973
+ 0.34
12969
12948

Bullish

Nasdaq – Mar NQH2
2643.25
+ 0.77
2629.22
2593.42

Bullish

Russell – Mar TFH2
816.20
+ 0.77
818.20
824.60

Bearish

INTEREST RATES

US T-Bond – Jun ZBM2
140-15
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Forex Trading On Friday, March 2, 2012

Posted: 01 Mar 2012 04:06 AM PST

By ForexMansion.com

The Trend Trader for Forex
For Trading On Friday, March 2, 2012

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0807
+ 0.71
1.0770
1.0702

Bullish

EURUSD – Euro / US Dollar
1.3311
− 0.09
1.3377
1.3369

Bearish

GBPUSD – British Pound / US Dollar
1.5956
+ 0.25
1.5915
1.5807

Bullish

USDCAD – US Dollar / Canadian Dollar
0.9857
− 0.40
0.9909
0.9973

Bearish

USDCHF – US Dollar / … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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