Thursday, March 8, 2012

DailyMarkets.com - FTI Downgraded To Neutral

DailyMarkets.com - FTI Downgraded To Neutral

FTI Downgraded To Neutral

Posted: 08 Mar 2012 11:55 AM PST

We are downgrading our long-term recommendation on Baltimore, Maryland-based FTI Consulting Inc. (NYSE:FCN) from Outperform to Neutral based on negative factors, including lackluster performance of the Corporate Finance and Restructuring segments despite a turnaround, and weak client spending owing to increased uncertainty surrounding the current market environment, particularly in Europe.
FTI Consulting's fourth quarter 2011 adjusted earnings of 70 cents per share surpassed the Zacks Consensus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Covidien Intros HALO60 Catheter

Posted: 08 Mar 2012 11:55 AM PST

Leading health care products maker Covidien (NYSE:COV) has commenced the commercial launch of the HALO60 ablation catheter designed for the treatment  of Barrett's esophagus, a pre-cancerous condition of the lining of the esophagus (tube which carries food from the throat to the stomach).
Covidien said that the HALO60 Catheter is now available for sale in the U.S., Canada, Australia and select European nations with plans in place for launching the product in additional markets in late … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Scorecard: Kroger

Posted: 08 Mar 2012 11:30 AM PST

The Kroger Company (NYSE:KR) holds a significant position among the nation's largest grocery retailers, and remains committed to battle the tough economy, and keep its head high.
In the paragraphs that follow, we cover the recent earnings announcement, subsequent estimate revisions by analysts as well as the Zacks Rank and long-term recommendation for the stock.
Last Quarter Synopsis
Kroger reported its fourth-quarter 2011 results on March 1, 2012. The quarterly earnings of 50 cents a share beat … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Plains Issues Units To Buy BP Biz

Posted: 08 Mar 2012 11:20 AM PST

Plains All American Pipeline, L.P. (NYSE:PAA) announced that it has commenced the process of an underwritten public offering of 5.0 million of its common units representing limited partner interests. The partnership will allow the underwriters of the issue a window of 30 days to purchase up to 750,000 additional common units to cover over-allotments, if necessary. The partnership has fixed the unit price at $80.03.
The partnership intends to utilize the net proceeds of the issue, including … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Look At The Probability

Posted: 08 Mar 2012 11:18 AM PST

Cusick’s Corner 03-07-2012
Yesterday was an example of the trader being tested. Almost every trade that I have ever put in action has been tested, in other words the underlying goes right to a price where you emotionally cannot stand being in the trade. This is where discipline and pre-trade planning come in handy. Make sure that you know the probability of touching a pain price point. For example, if I put on a call credit spread where I sold the $167 calls and bought the $168 calls, I would … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Market Testing Resistance

Posted: 08 Mar 2012 11:18 AM PST

Cusick’s Corner
While there is still headline risk out of Greece this afternoon, the bonds have been selling at a brisk pace. The 10yr yield is above 2%, so at this juncture it looks pretty favorable for the bulls into the close. The bid is in control, with the advancing stocks outpacing decliners at a pace of 3.5-1 at NYSE and 2-1 on the NASDAQ. I will watch to see if this pace starts to pick up in the After Hours.
Strength across Eurozone equity markets helped set the table for morning gains … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Rock On! Fender Files For I.P.O.

Posted: 08 Mar 2012 11:15 AM PST

03/08/12 Fender Musical Instruments Corp., the maker of legendary guitars, filed papers Thursday for a $200 million initial public offering at the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

General Dynamics Stays Neutral

Posted: 08 Mar 2012 11:10 AM PST

General Dynamics Corporation (NYSE:GD) posted mixed results for the December quarter, surpassing the Zacks Consensus Estimate on the topline but only matching the consensus at the bottom. Looking forward, key drivers include the improving business jet market, its stable business of U.S. military vehicles, a backlog of over $57 billion, an ongoing share repurchase program and strong cash flow generation.
However, the company is largely tied to the U.S. defense budget, where the threat of budget cut … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Symantec Makes Ties With Autodesk

Posted: 08 Mar 2012 11:00 AM PST

In order to ensure better management of its eDiscovery process, Autodesk Inc. (NASDAQ:ADSK) has recently selected Symantec Corporation's (NASDAQ:SYMC) Clearwell eDiscovery platform. Per the deal, Autodesk will deploy Clearwell to gain greater control over the eDiscovery platform, which is expected to streamline the solution, through review and production for better time management and cost reduction.
We believe that the eDiscovery solution is slowly gaining popularity, as it is beneficial for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Willis: ” Greece Euphoria…sign Of Few Players In Equity Market”

Posted: 08 Mar 2012 05:40 AM PST

0/3/08/12 Sunrise Securities’ Ben Willis talks fundamentals affecting the equity markets. The outlook for the BRIC nations, EU and FOMC are also … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Bancorp Upped To Outperform

Posted: 08 Mar 2012 10:35 AM PST

We are upgrading our recommendation on U.S. Bancorp (NYSE:USB) to Outperform from Neutral based on its solid fundamentals in the midst of a challenging economic environment.
U.S. Bancorp reported fourth-quarter 2011 earnings of 69 cents per share. Excluding the gain from a litigation settlement and expense accrual related to mortgage servicing matters, the company reported earnings of 64 cents per share. Earnings surpassed the Zacks Consensus Estimate of 63 cents per share.
The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Western Union To Serve UK Pensioners

Posted: 08 Mar 2012 10:25 AM PST

Western Union Business Solutions, a segment of Western Union Co. (NYSE:WU) has announced an agreement with UK-based Mercer Outsourcing, a global leader in human resource consulting and related services, to serve retirees.
As per the agreement, Mercer, the largest pension administrator in the U.K, will now reimburse payments to retirees living in 80 countries across the globe via Western Union Business Solutions.
Retired individuals, who receive their pension through Mercer, are set to benefit out … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Tam Upgraded On Market Strength

Posted: 08 Mar 2012 10:11 AM PST

We upgrade our recommendation on TAM S.A (NYSE:TAM) from Neutral to Outperform.
The company foresees a strong and growing market in 2012 and hence strives to remain focused on its efforts to increase the company's profitability and yield. The company continues with its effort to emphasize the importance of increasing the number of flights, destinations and connections among high-demand flight stoppages, thereby establishing strategic partnerships and agreements with market leaders. This, we … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Kansas City Southern Kept Neutral

Posted: 08 Mar 2012 10:05 AM PST

Despite volatility in demand stemming from the ongoing economic upheaval, Kansas City Southern (NYSE:KSU) continues to post strong year-over-year growth backed by a favorable pricing environment. We remain encouraged by the company's segment performance and look forward to accelerated growth, particularly in Intermodal, export coal and automotive shipments. We believe CSX will deliver volume growth above GDP levels, in parallel with pricing above inflation.
Kansas has taken pricing actions that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Shock! Suspended Chevy Volt Is European Car Of The Year

Posted: 08 Mar 2012 10:00 AM PST

03/08/12 The Chevrolet Volt may not be selling well, but it’s one of the most lauded cars in history as the plug-in hybrid was named the 2012 European Car of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earning Preview: Hibbett Sports

Posted: 08 Mar 2012 09:51 AM PST

Hibbett Sports Inc. (NASDAQ:HIBB) is scheduled to report its fourth-quarter 2012 financial results before the opening bell on March 9, 2012. The current Zacks Consensus Estimate for the quarter is earnings of 57 cents a share. For the quarter under review, revenue is expected to be $193 million, according to the Zacks Consensus Estimate.
Third-quarter 2012, a Synopsis
The robust performance of footwear and apparel sales along with operational efficiencies facilitated Hibbett Sports to deliver … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ECB Maintains Policy Settings, Holds Rate At 1.00%

Posted: 08 Mar 2012 09:50 AM PST

The European Central Bank (ECB) held its Main refinancing operations rate unchanged at 1.00%.  ECB governor, Mario Draghi, said: “Looking ahead, we are firmly committed to maintaining price stability in the euro area, in line with our mandate. To this end, the continued firm anchoring of inflation expectations – in line with our aim of maintaining inflation rates below, but close to, 2% over the medium term – is of the essence.”

Previously the ECB cut the interest rate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Merck’s 1Q Guidance Lags Expectations

Posted: 08 Mar 2012 09:36 AM PST

Merck (NYSE:MRK) recently provided guidance for the first quarter of 2012. The company said that it expects to earn 95-98 cents in the first quarter. Merck's guidance lagged expectations with the first quarter Zacks Consensus Estimate currently standing at $1.01 per share (high estimate of $1.09 per share and low estimate of 95 cents).
Merck attributed unfavorable foreign exchange impact to the lower-than-expected first quarter guidance. With the first quarter Euro exchange rate being about … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Favorable Ruling For Activision

Posted: 08 Mar 2012 09:27 AM PST

Video game developer and publisher, Activision Blizzard Inc (NASDAQ:ATVI) emerged as the victor in the first bout of its legal battle against its former employees Jason West and Vince Zampella. According to Bloomberg, a California Superior Court Judge dismissed a fraudulent-inducement claim, but agreed to conduct a full hearing on the claim for promissory fraud.
Previously, Jason West and Vince Zampella headed the Infinity Ward division at Activision and were fired in March 2010. West and Zampella … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Mixed Signals

Posted: 08 Mar 2012 09:23 AM PST

Thursday, March 8, 2012
Gold futures got a bit of good news, as the Fed sent out feelers about a new, “sterilized” quantitative easing which would inject capital with restrictions. The restrictions would make it difficult for the new cash to get into the speculative markets, but the possible Fed action is negative for the greenback. If the Fed continues to send out these feelers, it suggests that QE3 may be a reality after all, which could be viewed as bullish for Gold. Technically, the market … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

DIRECTV Issues Debt

Posted: 08 Mar 2012 09:03 AM PST

DIRECTV’s (NASDAQ:DTV) unit DIRECTV Holdings LLC, decided to issue $4 billion debts in three tranches of $1.25 billion, $1.5 billion and $1.25 billion, respectively, maturing 2017, 2022 and 2042. The issued debts carry a respective interest rate of 2.4%, 3.8% and 5.15%. The debt issuance is expected to be closed by March 8, 2012.
The company expects to generate net proceeds of $3.97 billion from the debt issuance and will utilize it to fund general expenses or repurchase shares.
DIRECTV exited … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bearish On AGL Resources’ Future

Posted: 08 Mar 2012 09:03 AM PST

We have maintained our Underperform recommendation on energy services holding company AGL Resources Inc. (GAS) considering its weak fundamentals and tepid outlook. The disappointing fourth quarter results and a number of other challenges have added to this bearishness.
Founded in 1856, Atlanta, Georgia-based AGL is an energy services holding company whose principal business is gas distribution. Following the December 2011 acquisition of Naperville, Illinois-based Nicor Inc., AGL Resources has … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Market News Briefs: Apple, American Eagle Outfitters, CIENA, Discovery Laboratories

Posted: 08 Mar 2012 09:03 AM PST

 

    Tech-giant Apple Inc. (NASDAQ:AAPL) grabbed the spotlight after it unveiled the newest iPad, enabled with 4G technology

    Ciena Corporation's (NASDAQ:CIEN) first quarter fiscal 2012 loss per share of $0.26 came in wider than the Zacks Consensus Estimate of a loss of $0.17

    After Discovery Laboratories, Inc. (NASDAQ:DSCO) received approval from the Food and Drug Administration for its medication for treating infants' respiratory problems, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BJ’s Restaurants Downgraded

Posted: 08 Mar 2012 09:03 AM PST

We have recently downgraded our long-term rating on the shares of BJ’s Restaurants Inc. (NASDAQ:BJRI) to Neutral from Outperform due to the higher cost structure for 2012 as well as tougher sales comparison in the upcoming first quarter.
Boasting a unique position in the commoditized hyper-competitive bar and grill segment, along with a viable business strategy, BJ's Restaurants offer investors one of the strongest growth stories in the U.S. restaurant industry.
The company's earnings have been … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Optimism On Greek Bonds, U.S. Jobs

Posted: 08 Mar 2012 09:03 AM PST

This morning's favorable news flow should help stocks sustain the positive momentum from Wednesday. Greece's private sector bond swap, whose uncertain fate had gripped the markets in recent days, appears to be attracting enough participation to make the deal binding on all bondholders.
The details of the swap will come out Friday morning, but growing optimism about the deal is helping bring down the yields on Italian and Spanish government bonds, which had started creeping back up in recent … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Nissan Invests In U.K. Plant

Posted: 08 Mar 2012 09:03 AM PST

Japan's second largest automaker Nissan Motors Co. (NASDAQ:NSANY) announced that it will invest £125 million ($198 million) at its plant in Sunderland, northeast England in order to manufacture the new Invitation compact car. The move will create 2,000 jobs at Nissan and its suppliers in Britain. It will raise the workforce at the Sunderland plant by 600 people to 6,000 workers.
Nissan will start building Invitation compact vehicles from mid-2013 at the Sunderland with an annual capacity of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Apple Upgraded To Outperform

Posted: 08 Mar 2012 09:03 AM PST

After a stellar first quarter, we have upgraded Apple Inc. (NASDAQ:AAPL) from Neutral to Outperform with a price target of $654.00. Apple reported robust revenues, driven by strong holiday season sales based on the ramp in demand for the new iPhone 4S. Better-than-expected sales from the iPad and Mac series also helped Apple to register a stupendous first quarter 2012.
Apple is widely recognized as a leading innovator in the consumer electronics market. After successfully rolling out the iPod, iPad … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Harsco Receives Railway Contracts

Posted: 08 Mar 2012 09:03 AM PST

Harsco Corporation (NYSE:HSC) has received international contract awards of more than $25 million to provide railway track equipment, parts and maintenance services. These shall cater to customers in the U.S., Canada and Australia.
Harsco Rail shall process these orders by early 2013. The primary products it shall deal with here include a wide range of equipment such as Mark VI ballast tampers, ballast regulators and track stabilizers, developed primarily for track surfacing operations.
The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Reaffirming DexCom At Neutral

Posted: 08 Mar 2012 09:03 AM PST

We remain Neutral on DexCom (NASDAQ:DXCM), a prominent player in the continuous glucose monitoring market. Its fourth-quarter fiscal 2011 loss per share of 18 cents was a penny higher than the Zacks Consensus Estimate. Losses widened year over year despite solid double-digit growth in the top line.
Revenues zoomed 43% year over year to $22.4 million, beating the Zacks Consensus Estimate. Product sales spiked 54% to $20.9 million in the quarter.
DexCom is focused on the development and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

H&R Block Narrows Loss, Lags Ests

Posted: 08 Mar 2012 09:03 AM PST

H&R Block Inc.'s (NYSE:HRB) adjusted loss of 1 cent per share in fiscal third-quarter 2012, ending January 31, lagged the Zacks Consensus Estimate of 6 cents. Loss narrowed from 6 cents incurred in the year-ago period. Adjusted loss for the quarter was $3.6 million, comparing favorably with loss of $11 million reported in fiscal third-quarter 2011.
Including income from discontinued operations of $0.2 million, the company reported a net loss of $3.3 million or 1 cent per share in the quarter … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Solid Quarter As Diversification Continues At InTEST

Posted: 08 Mar 2012 09:03 AM PST

Solid Quarter as Diversification Continues at inTEST
Ken Nagy, CFA

On March 7, 2012, inTest Corporation (INTT), an independent designer, manufacturer and marketer of semiconductor automatic test equipment interface solutions and temperature management products, reported financial results for its fiscal 2011 fourth quarter and full year, ended December 31, 2011.

Company revenues during the fourth quarter remained steady at $10.081 million compared to revenues of $10.110 million for the three … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Pall Corp. Underperforms Estimates

Posted: 08 Mar 2012 09:03 AM PST

Pall Corporation (NYSE:PLL) reported second-quarter fiscal 2012 earnings per share from continuing operations of 72 cents, below the Zacks Consensus Estimate of 82 cents but above the prior-year earnings per share of 64 cents.
Revenue
Total revenue in the quarter increased by 8.2% year over year to $698 million, including positive impact from foreign currency translation of 0.2%. Orders, in terms of local currency, increased by 3.4%. Revenue in the quarter was aided by increased sales in both Life … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

HSBC Reiterated At Underperform

Posted: 08 Mar 2012 09:03 AM PST

We have maintained our long-term Underperform recommendation on HSBC Holdings Plc. (NYSE:HBC) based on the company's weak revenue growth across the mature markets and overall negative impact due to the deepening Euro-zone crisis. Additionally, high inflation in some key Asian markets, sluggish loan growth, insufficient core operating performance and high wage inflation are expected to restrict its growth, at least in the near term.
However, in 2011, HSBC reported 28% year-over-year increase in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CVS’ New “Pharmacy Home” Plan

Posted: 08 Mar 2012 09:03 AM PST

Recently, CVS Caremark (NYSE:CVS) along with Harvard University and Brigham and Women’s Hospital, conducted an extensive research on health policy and came up with some new ways to save more money while being treated. Through the study, they pointed out the importance of a single 'pharmacy home' for pharmacy customers.
According to the research data, patients using a single pharmacy are more likely to connect with their own pharmacists on a regular basis. The researchers consider this twice as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Boston Scientific Remains Neutral

Posted: 08 Mar 2012 09:03 AM PST

We have reaffirmed our Neutral recommendation on Boston Scientific Corporation (NYSE:BSX) following its fourth quarter and fiscal 2011 results.
The challenges at Boston Scientific's core segments consisting of stents and defibrillators do not show any sign of near-term abatement. Revenues declined 8% to $1.848 billion during the quarter, missing the Zacks Consensus Estimate while the adjusted EPS met the consensus estimate. Things have improved somewhat but the company needs another couple of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MarkWest To Develop Utica Acreage

Posted: 08 Mar 2012 09:03 AM PST

Denver, Colorado-based MarkWest Energy Partners, L.P. (NYSE:MWE) announced the signing of a Letter of Intent (LOI) with Gulfport Energy Corporation (NASDAQ:GPOR), whereby the former will extend gathering, processing, fractionation and marketing services in the liquids-rich corridor of the Utica.
MarkWest executed the transaction through a joint venture––MarkWest Utica EMG, L.L.C. aka MarkWest Utica––formed with private-equity group The Energy & Minerals Group ("EMG"). The operations of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Goldman Records Loss In Asia

Posted: 08 Mar 2012 09:03 AM PST

According to a Securities and Exchange Commission (SEC) filing, in 2011 The Goldman Sachs Group Inc. (NYSE:GS) recorded $103 million loss in the Asian market. Prior to this, during the financial crisis in 2008, Goldman recorded loss of $1.74 billion in Asia for the first time.
In 2010, the company reported net profit of $2.1 billion in Asia. The 2011 loss was driven by low performance in Investing & Lending segment as equity markets significantly dipped in Asia during 2011. Reported results … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Statoil Skrugard Appraisal Success

Posted: 08 Mar 2012 09:03 AM PST

Norwegian oil company Statoil ASA (NYSE:STO), the operator of production license (PL) 532, is in the process of concluding the drilling of appraisal well 7220/5-1 in the Skrugard discovery in the Barents Sea.
The main intention behind the appraisal was to validate the volume estimate set earlier for the Skrugard discovery as well as collect reservoir and overburden data for field development planning.
Appraisal well 7220/5-1, located around three kilometers north of the discovery well 7220/8-1 in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wall Street Higher On Greek Deal Optimism

Posted: 08 Mar 2012 08:10 AM PST

03/08/12 US stocks opened in positive territory, lifted by expectations that Greek bond swap with private creditors would be completed. US jobless claims rose more-than-expected, while McDonald’s shares declined on weak global comparable sales … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Greek Optimism Lifts Euro

Posted: 08 Mar 2012 03:00 AM PST

03/08/12 The euro rose against the dollar this morning on hopes that Greece will get enough investors to participate in a debt restructuring deal and secure a second … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Please Sign Petition Re: Peter Sivere – George Demos

Posted: 08 Mar 2012 07:10 AM PST

Aside from my hope that readers would care enough to share my writing and passion for the Sense on Cents virtues of truth, transparency, and integrity I do not believe I ask for much if anything from those who come here.
Well, today I am asking.
How might you help?
More than you may ever fully know or appreciate. 
I first highlighted a case involving a compliance officer at JP Morgan (NYSE:JPM) Chase named Peter Sivere in January 2010. I wrote at the time, SEC IG Report: George Demos Pimped … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Oil Hovers Above $106 On Iranian Nuclear Tension

Posted: 08 Mar 2012 02:00 AM PST

03/08/12 Oil prices hovered above $106 a barrel Thursday as investors remain skeptical that tensions over Iran nuclear program will ease in the near … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Legal Double Standard: Wind Energy Industry Gets Unofficial License To Kill Birds, Oil And Gas Don’t

Posted: 08 Mar 2012 06:53 AM PST

Eagle killed by wind turbine, one of 1,200 daily wind-related bird fatalities:

The graphic video above shows a magnificent eagle getting killed by a wind turbine.  According to a 2009 estimate from the U.S. Fish and Wildlife Service (reported on the American Bird Conservancy website here), those bird fatalities happen more than 1,200 times every day (440,000 deaths annually and 50 deaths every single hour of the day on average).   For the millions of documented wind-related bird … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

America’s Obsessive Focus On College Degrees

Posted: 08 Mar 2012 06:27 AM PST

Interesting educational facts:
1. In the U.S., the high school graduation rate is only 72%, and about 2/3 of those high school graduates go on to college.  Of those students who start college, only about 60% will actually graduate within six years and the other 40% will likely never earn a college degree.  

2. In Germany, about 97% of students graduate from high school, but only about 1/3 of those graduates go to college. 

Those facts are from Alex Tabarrok’s article in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Town In The Middle Of The Oil Boom

Posted: 08 Mar 2012 06:09 AM PST

Business Insider — “Ten years ago Williston, North Dakota was a quiet agricultural town with a population around 12,000. Today, because of oil prices and drilling advancements, Williston is home to America’s biggest oil boom and its residents number over 30,000.

Home prices are soaring, unemployment is close to zero and people from around the country are flocking here for jobs where the starting pay can easily exceed $100,000. Williston has already received lots of media attention, but what … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Markets Lifted By Hopes Of Greek Bond Swap

Posted: 08 Mar 2012 01:00 AM PST

03/08/12 European stocks rose as the deadline on Greece’s debt swap neared and Germany’s industrial output increased more than … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dollar At A Critical Juncture

Posted: 08 Mar 2012 05:54 AM PST

As we go through the first significant pullback in the market for 2012, the dollar seems to be at a turning point that should influence market trends for the next few months.  Going all the way back to 2002, there has been a strong inverse correlation between stocks and commodities, and the U.S. dollar.  For the most part, the dollar has been falling during this period, which has helped drive cyclical bull markets in stocks and commodities.  More recently, the stock market … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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