DailyMarkets.com - China Unicom Adds 3M Users

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• China Unicom Adds 3M Users
• Still Neutral On Scripps Networks
• DiagnoCure, Initiating Coverage At Outperform
• POSCO Develops EV Steel
• Microchip Extends Altium Ties
• DFC Global Buys Super Efectivo
• Williams Partners To Buy Caiman Biz
• Monitoring Long Term Resistance In The Russell
• Stocks Dragged Lower On China Outlook
• Reaffirming Becton At Neutral
• Grainger Partners With Oxysure Sys.
• Chinese Copper Inventories Swell As The Economy Slows
• Dollar Reigns As China Concerns Crank Up
• Saudi Arabia Promise To Keep Markets Supplied With Oil Sends Prices Lower
• Wall Street Down On China Worries
• Tarsus Drives Emerging Markets Strategy With Second Acquisition In Turkey

China Unicom Adds 3M Users Posted: 20 Mar 2012 09:50 AM PDT China’s second largest mobile operator China Unicom (NYSE:CHU) added 3.232 million subscribers in February, up 1.52% from the prior month. This takes the company's total customer base to 205.97 million. The company's GSM subscriber base rose to 160.073 million with the net addition of 0.250 million customers, while its 3G subscriber base increased to 45.894 million with the net addition of 2.83 million in January. China Unicom added more 3G subscribers in February compared to 2.05 million last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Still Neutral On Scripps Networks Posted: 20 Mar 2012 09:50 AM PDT We reaffirm our long-term Neutral recommendation on Scripps Networks Interactive Inc. (NYSE:SNI). The fourth quarter of 2011 was a mixed bag for Scripps Networks. Nevertheless, the company witnessed a solid growth in advertising and affiliate-fee revenue at its flagship Lifestyle Media businesses and higher segment profits. We believe both advertising revenue and affiliate fee revenue will remain healthy in the near future. Acquisition of a majority stake in the Travel Channel, re-branding of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

DiagnoCure, Initiating Coverage At Outperform Posted: 20 Mar 2012 09:35 AM PDT DiagnoCure, Initiating Coverage at Outperform Brian Marckx, CFA We are initiating coverage of DiagnoCure Inc. (T.CUR, CUR.TO) with an Outperform rating and $2.25 per share price target.  Below are excerpts from our 20-page initiation report on the company. BUSINESS DiagnoCure Inc. (CUR.TO) is a Quebec, Canada-based developer of molecular diagnostic tests for the detection and quantification of various forms of cancer, including colorectal, prostate, lung and bladder.  The company was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

POSCO Develops EV Steel Posted: 20 Mar 2012 09:25 AM PDT   Korean steel producer, POSCO (NYSE:PKX) recently announced a positive end to its efforts started in 2010 to develop a high quality, safer and lighter steel body for electric vehicles. Developed for using high quality steel and complex technologies, the new steel body named PBC-EV (POSCO Body Concept-Electric Vehicle) is 25% lighter than existing steel bodies and abide by all international collision safety regulations. Moreover, test results show that PBC-EV is environment friendly and that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Microchip Extends Altium Ties Posted: 20 Mar 2012 09:25 AM PDT Recently announced, Microchip Technology Inc. (NASDAQ:MCHP) entered into a component extension agreement with Altium to add advanced board-level components to its product database. This task shall be executed by Altium using AltiumLive. AltiumLive is an online content delivery system which deals with finished board-level components. It also makes accessory and supplementary information such as price, material support, and supplier information of these products available using its Altium Designer … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

DFC Global Buys Super Efectivo Posted: 20 Mar 2012 09:25 AM PDT DFC GlobalCorp. (NASDAQ:DLLR) closed the acquisition of Super Efectivo, a pawn loan provider in Spain. The acquisition will help the company to strengthen its position as a secured pawn lender in Europe. DFC Global acquired Super Efectivo for a consideration of $5.1 million. Founded in 2006, Super Efectivo manages eight stores in Madrid, offering pawn loans on gold jewelry and gold buying services. Pawn loans are given in exchange of customers' personal property. These are generally short term in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Williams Partners To Buy Caiman Biz Posted: 20 Mar 2012 09:25 AM PDT Williams Partners L.P. (NYSE:WPZ), a master limited partnership (MLP) of Williams Cos. (NYSE:WMB), agreed to buy a midstream unit − Caiman Eastern Midstream LLC − of Caiman Energy for $2.5 billion in cash and equity. The deal will significantly increase Williams Partners’ footprint in the Marcellus Shale region. The partnership intends to fund the potential acquisition with $1.78 billion in cash and the issuance to Caiman of about 11.8 million in its common units valued at about $720 million. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Monitoring Long Term Resistance In The Russell Posted: 20 Mar 2012 08:57 AM PDT While the NASDAQ recently crested above both its 2011 and 2007 (before the recession) high, the Russell 2000 – an index mainly of small-cap stocks – struggles to overcome its key long-term resistance level. Let's build the charts and view the key level to watch – for both long-term and short-term planning – in the Russell 2000 Index, starting with the Monthly Chart: One might call the period from 2003 to present as a long-term Sideways trend, or range-style index. The alternate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Dragged Lower On China Outlook Posted: 20 Mar 2012 08:30 AM PDT 03/20/12 US stocks started in negative territory, on concern about a slowdown in China’s expansion. The USD traded higher vs. the major currencies on the decline in global risk … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Reaffirming Becton At Neutral Posted: 20 Mar 2012 08:25 AM PDT Lackluster results, for the first quarter of fiscal 2012, from Becton, Dickinson and Company (NYSE:BDX) reflect its lower year-over-year earnings due to higher raw material prices, tough pricing comparisons and rising expenditures for recent acquisitions. 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 in the reported quarter, up 2.5% (or 2.4% in constant currency) year over … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Grainger Partners With Oxysure Sys. Posted: 20 Mar 2012 08:25 AM PDT W.W. Grainger, Inc.(NYSE:GWW) has recently inked a supplier agreement with Oxysure Systems, Inc. (OXYS). As per the agreement, Grainger will be supplied with the products of Oxysure for selling, marketing and distribution through its own platform. Based in Texas, Oxysure Systems is a medical technology company. The company utilizes safe solution to produce medically pure (USP) oxygen from inert powders. Oxysure has patents issued as well as pending that enable provision of emergency oxygen safer … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Chinese Copper Inventories Swell As The Economy Slows Posted: 20 Mar 2012 08:18 AM PDT Tuesday, March 20th All indications point to a slightly more aggressive downturn in the Chinese economy, which has resulted in Shanghai Copper inventories rising to well more than double what they averaged the prior quarter. There is still hope that quantitative easing by the PBoC will be able to revive the Chinese economy or, at the very least, slow the downturn. Technically, prices continue to trade between 3.750 and 4.000, but a breakout may be approaching. Some traders may perhaps wish to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dollar Reigns As China Concerns Crank Up Posted: 20 Mar 2012 03:00 AM PDT 03/20/12 The dollar rose against most of its traded counterparts as concern grew that China’s economic growth outlook has … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Saudi Arabia Promise To Keep Markets Supplied With Oil Sends Prices Lower Posted: 20 Mar 2012 02:00 AM PDT 03/20/12 Oil dropped on Saudi Arabia’s promise to keep markets supplied with oil in order to lower prices and on signals that economic growth and fuel demand will slow in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wall Street Down On China Worries Posted: 20 Mar 2012 06:00 AM PDT 03/20/12 US stocks are opening lower after worrisome economic news out of China and a mixed report on the US housing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Tarsus Drives Emerging Markets Strategy With Second Acquisition In Turkey Posted: 20 Mar 2012 02:58 AM PDT Tarsus (LON:TRS), the international business-to-business media group, has agreed to acquire a 70 percent stake in leading Turkish exhibition organiser Lifemedia Fuarcilik A.S., in a significant step toward its Project 50/13 target to derive 50 percent of its revenues from Emerging Markets by 2013. Tarsus will pay an initial consideration of TL30.0 million (approximately £10.6 million) for the interest, with estimated deferred payments of approximately £5 million due in 2013, for a total … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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