Wednesday, April 18, 2012

DailyMarkets.com - BPO Signs Lease With Morgan Stanley

DailyMarkets.com - BPO Signs Lease With Morgan Stanley

BPO Signs Lease With Morgan Stanley

Posted: 18 Apr 2012 01:15 PM PDT

Brookfield Office Properties (NYSE:BPO) recently announced that it has entered into the largest single-asset office lease agreement since 2008 with Morgan Stanley (MS) for 1.2 million square feet of space in New York. The property, One New York Plaza, is a 2.6 million square foot office building located in Lower Manhattan and adjacent to Battery Park.
Morgan Stanley already occupies approximately 816,000 square feet of space in the tower, of which 34,000 square feet has been leased directly from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ABB Invests In India

Posted: 18 Apr 2012 01:08 PM PDT

Recently, ABB Ltd. (NYSE:ABB) expanded its reach in India with an investment of $50 million for building new manufacturing facilities for high-voltage products and transformers. Through this investment, the company will be able to fulfill the needs of Indian customers by developing, manufacturing and marketing products locally. Local production will ensure fast delivery of products at economical rates.
The new facilities will be engaged in manufacturing high-voltage gas-insulated switchgear (GIS) … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Capella Acquires Sophia Learning

Posted: 18 Apr 2012 01:02 PM PDT

Capella Education Company (NASDAQ:CPLA), a leading provider of online post-secondary education, recently announced that it has acquired the remaining interest in social education company Sophia Learning, LLC.
Capella Education had acquired the majority interest in Sophia Learning in January 2011. With the purchase of the remaining shares, Capella Education now owns the entire company. The Sophia site makes available free academic tutorials posted by hundreds of teachers that are taught in a variety … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

On Google’s New Class C Shares

Posted: 18 Apr 2012 12:55 PM PDT

Google Inc. (NASDAQ:GOOG) announced a new class of shares (Class C) that will be issued to existing shareholders at no extra cost. However, the catch here is that there will be no voting rights attached to the shares, thus enabling founders Larry Page and Sergey Brin as well as Executive Chairman Eric Schmidt to retain the majority voting power.
The Mechanics
The value of each share will be split in two on the date this goes into effect (expected June), with half the value allotted to the existing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Nucor

Posted: 18 Apr 2012 12:50 PM PDT

Nucor Corporation (NYSE:NUE) is scheduled to report its first-quarter 2012 results before the market opens on Thursday, April 19. The Zacks Consensus Estimate for the quarter is 40 cents per share, representing an estimated year-over-year decrease of 19.54%.
With respect to earnings surprises, the company outdid the Zacks Consensus Estimate in the trailing four quarters. This is reflected in the average earnings surprise of 24.57%, with positive surprises in all four quarters.
Fourth Quarter and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Freeport-McMoRan

Posted: 18 Apr 2012 12:40 PM PDT

Mining giant Freeport-McMoRan Copper & Gold (NYSE:FCX) is slated to report its first-quarter 2012 results on Thursday, April 19. The Zacks Consensus Estimate for earnings for the quarter is 85 cents a share, representing an estimated year-over-year decline of 46.02%.
With respect to earnings surprises, Freeport has outperformed the Zacks Consensus Estimate in three of the trailing four quarters while it missed the forecast on one occasion. The Arizona-based company has delivered an average … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CBS Expands In Gaming & ESports

Posted: 18 Apr 2012 12:25 PM PDT

CBS Corporation (NYSE:CBS) is always eager to add diverse revenue streams to hedge against economic cycles. One such move is the company's expansion into the fastest growing live gaming and eSports market.
The company through one of its divisions, CBS Interactive, has entered into a partnership with TwitchTV, a leading video game broadcasting network and Major League Gaming (MLG), the world’s most renowned eSports league.
CBS remains well positioned to boost revenues in the coming quarters … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BofA Looks To Sell Assets Again

Posted: 18 Apr 2012 12:20 PM PDT

On Tuesday, Reuters reported that Bank of America Corporation (NYSE:BAC) is again preparing to divest its international units in a bid to further streamline its operations and focus on its core businesses. This time, BofA intends to sell its international wealth management units in anticipation of receiving about $3 billion.
The units on sale, which were mostly obtained by BofA from its Merrill Lynch acquisition in 2009, comprise nearly $90 billion worth of assets under management. However, this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Plains Drops SEMG Acquisition Plan

Posted: 18 Apr 2012 12:20 PM PDT

Plains All American Pipeline LP (NYSE:PAA) decided to back out from its decision to acquire SemGroup Corporation (SEMG). On October 6, 2011, the partnership had offered to purchase in cash all issued and outstanding Class A and Class B shares of SemGroup for $24.00 per share.
The Background
Per the terms of the proposed offer, the offer price of $24.00 per share reflected a premium of 16% to SemGroup’s 10-day average closing price through October 5, 2011. The SemGroup board of directors rejected … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: LabCorp

Posted: 18 Apr 2012 12:05 PM PDT

Laboratory Corporation of America Holdings (NYSE:LH) is scheduled to release its first quarter fiscal 2012 earnings on Thursday, April 19, 2012, before the market opens. The company is expected to report earnings per share ("EPS") of $1.67 on revenue of $1.404 billion for the quarter, according to the Zacks Consensus Estimate.
Prior-Quarter Highlights
LabCorp reported an adjusted EPS of $1.56 (excluding amortization, restructuring and other special charges) for the fourth quarter of fiscal … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Linear Reports In-Line

Posted: 18 Apr 2012 11:50 AM PDT

Linear Technology (NASDAQ:LLTC) will be having its fiscal third quarter earnings conference call later today. A first look at the numbers indicates that the company met expectations on both the top and bottom lines.
Revenue grew 6.1% after two quarters of decline, helped by improved sales across end markets, particularly industrial and automotive.
Increased revenues helped drive a 22 bp sequential expansion of the gross margin, although it still remains well below year-ago levels. Gross profit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: AMD

Posted: 18 Apr 2012 11:50 AM PDT

Advanced Micro Devices, Inc. (NYSE:AMD) is scheduled to announce its first-quarter 2012 results on April 19, 2012. We witness only 1 upward movement in the analysts' estimates in the build-up to the release.
Prior-Quarter Synopsis
AMD's fourth-quarter non-GAAP earnings were 19 cents a share, ahead of the Zacks Consensus Estimate of 16 cents due to better gross margins and lower-than-expected expenses.
Revenue came in at $1.69 billion, flat sequentially and up 2.5% from the year-ago quarter. In … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Huntington Beats, Revenue Ups

Posted: 18 Apr 2012 11:40 AM PDT

After reporting an in line result in the prior quarter, Huntington Bancshares Inc. (NASDAQ:HBAN) came up with better-than-expected results in the first quarter of 2012. The company reported earnings per share of 17 cents, 3 cents above the Zacks Consensus Estimate. Results also compared favorably with earnings of 14 cents per share both in the prior quarter and the year-ago period.
Results in the reported quarter includes one cent per share gain related to the recently announced Federal Deposit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Quest Beats In 1Q, Ups EPS Guidance

Posted: 18 Apr 2012 11:35 AM PDT

Quest Diagnostics (NYSE:DGX) reported an EPS of 99 cents in the first quarter of fiscal 2012 compared to a loss of 33 cents in the year-ago period.
However, after taking into account certain charges related to restructuring (5 cents) and CEO succession costs (3 cents), the adjusted EPS came in at $1.07, handily beating both the Zacks Consensus Estimate and the year-ago quarter's adjusted EPS of $1.00. The year-ago quarter recorded charges of $1.33 per share related to Medi-Cal settlement and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MPC Initiated With Outperform

Posted: 18 Apr 2012 11:35 AM PDT

We have initiated coverage on Findlay, Ohio-based independent oil refiner and marketer Marathon Petroleum Corporation (MPC) with an Outperform recommendation.
The company, in its current form, came into existence following the 2011 spin-off of Houston, Texas-based Marathon Oil Corporation's (MRO) refining/sales business into a separate, independent and publicly traded entity. Marathon Petroleum operates in three segments: Refining and Marketing, Speedway (Retail), and Pipeline … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

St. Jude Beats, Raises Guidance

Posted: 18 Apr 2012 11:35 AM PDT

St. Jude Medical, Inc. (NYSE:STJ), a large-cap medical devices and technology development company, reported first quarter fiscal 2012 adjusted earnings of 86 cents beating the Zacks Consensus Estimate of 83 cents per share and surpassing the year-ago earnings of 80 cents per share.
Adjusted earnings exclude extraordinary and one-time charges such as restructuring expenses to modernize manufacturing in the Cardiac Rhythm Management (CRM) segment. In the reported quarter, profit dropped 9% to $212 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Halliburton Tops Estimates Yet Again

Posted: 18 Apr 2012 11:30 AM PDT

Major oilfield services provider Halliburton Company (NYSE:HAL) reported better-than-anticipated first quarter 2012 results, which were helped by the strength and sustainability of the all-important North American onshore activity levels (to which the company is heavily leveraged through its market-share-leading pressure-pumping business).
Earnings per share, excluding a charge associated with BP plc's (NYSE:BP) Gulf of Mexico disaster in 2010, came in at 89 cents, beating the Zacks Consensus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Textron Beats, Confident Of 2012

Posted: 18 Apr 2012 11:30 AM PDT

Diversified U.S. conglomerate Textron Inc. (NYSE:TXT) announced first quarter 2012 operating earnings of 41 cents per share versus 10 cents per share in the year-ago quarter, reflecting a substantial growth of 310.0%. The first quarter results surpassed the Zacks Consensus Estimate by a nickel.
Textron reported GAAP earnings for the first quarter of 2012 of 40 cents per share, versus 9 cents per share in the year-ago quarter.
The difference between GAAP and operating earnings, during the first … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Genworth Reschedules IPO

Posted: 18 Apr 2012 11:20 AM PDT

Genworth FinancialInc. (NYSE:GNW) is expected to close the Initial Public Offering ("IPO") of its Australian mortgage insurance business in early 2013. Initially, the company intended to sell 40% of the stake in the second quarter of 2012. However, market conditions, valuation considerations including business performance and regulatory approvals will play a major role in its completion.
Given a soft operational performance in Australia in the recent times, the company decided to push forward … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Abbott Beats, Raises Outlook

Posted: 18 Apr 2012 11:15 AM PDT

Abbott Labs (NYSE:ABT) reported first quarter earnings of $1.03 per share, three cents above the Zacks Consensus Estimate of $1.00 and 13.2% above the year-earlier earnings. Including one-time items, first quarter earnings increased 41.8% to 78 cents per share. Higher revenues led to the improvement.
First quarter revenues increased 4.6% to $9.5 billion, just above the Zacks Consensus Estimate of $9.3 billion. Foreign exchange fluctuations negatively impacted sales by 1.3%.
The Quarter in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BlackRock Surpasses Estimates

Posted: 18 Apr 2012 11:15 AM PDT

BlackRock Inc.’s (NYSE:BLK) first quarter 2012 adjusted earnings came in at $3.16 per share, substantially ahead of the Zacks Consensus Estimate of $3.03. The results also compare favorably with the prior-quarter earnings of $3.06 as well as the prior-year quarter earnings of $2.96.
GAAP net income came in at $572 million or $3.14 per share, as against $555 million or $3.05 per share in the prior quarter and $568 million or $2.89 per share in the year-ago quarter.
Better-than-expected results were … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Buffett May Unveil Heir Soon

Posted: 18 Apr 2012 11:10 AM PDT

Warren Buffett, the Chairman and CEO of Berkshire Hathaway Inc. (BRK.A) (BRK.B), has had no intention till now to step down from his post, but now it seems that the octogenarian will soon have to do some rethinking in this regard as there has been an unprecedented development in Buffett's health. On Tuesday, he announced that he has been diagnosed with Stage 1 prostate cancer.
Despite an early diagnosis, the side effects of the impending treatment of the 81-year-old could be a concern. Warren … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Statoil Awards Aker For Cat-B Rig

Posted: 18 Apr 2012 11:04 AM PDT

Statoil ASA (NYSE:STO) has awarded an eight year contract to Aker Solutions to attain heavy well intervention and light drilling services on the Norwegian Continental Shelf (NCS).
The contract is worth $1.9 billion for the initial eight year term and involves three two-year options for the Category B (Cat-B) service. The technologically advanced Cat-B rig has been mainly designed for industrialization of drilling and intervention services in existing production wells.
This semi-submersible unit is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Central Bank News Link List – 18 April 2012

Posted: 18 Apr 2012 10:55 AM PDT

Here’s today’s Central Bank News link list, click through if you missed the previous central bank news link list.  Remember, if you want to submit links for inclusion in the daily link list, just email them through to us or post them in the comments section below.

Reserve Bank of India Cuts Rate 50bps to 8.00% (Central Bank News)
Bank of Canada Holds Rate at 1.00% (AFP)
Bank of Mongolia Hikes Rate 100bps to 13.25% (UB Post)
Central Bank of Chile Holds Rate at 5.00% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Chevron & Chubu In LNG Deal

Posted: 18 Apr 2012 10:50 AM PDT

The Australian subsidiary of Chevron Corporation (NYSE:CVX) recently struck a preliminary deal with Japanese utility firm Chubu Electric Power Company Incorporated, under which the former will sell liquefied natural gas (LNG) from its natural gas project in Australia to the latter.
Per the Heads of Agreement, Chubu will receive 1 million tons per annum (MTPA) of LNG for almost the next 20 years from the prominent Wheatstone project. However, none of the companies have divulged the financial … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Keating: “Looking For Tight Range…rest Of The Day”

Posted: 18 Apr 2012 10:45 AM PDT

04/18/12 James E. Coffey Securities’ Gregory Keating talks tech earnings, EU debt woes and technical levels for the S&P 500. The fundamentals affecting the equity markets are discussed: Spain, earnings and oil … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

OfficeMax’s Balanced Approach

Posted: 18 Apr 2012 10:35 AM PDT

The change in the demand for office supplies products and services remains one of the indicators that describe the health of the economy. The economy has not completely awakened from the state of hibernation, and amidst such a scenario OfficeMax Inc. (NYSE:OMX) has to walk the tight rope to juggle with unprecedented situation that may hurt its growth prospects.
OfficeMax provides office supplies and paper, print and document services, technology products and solutions as well as office furniture … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

DreamWorks Joins Walmart

Posted: 18 Apr 2012 10:20 AM PDT

Californiabased American animation studio DreamWorks Animation SKG Inc. (NYSE:DWA) has joined retail giant Wal-Mart Stores Inc. (NYSE:WMT) as its sixth major partner for its disc-to digital service, thereby providing digital access to DreamWorks movies.
Walmart teamed up with five major Hollywood studios, as announced in mid-March, to provide an in-store service to allow consumers to convert DVDs and Blu-ray discs into digital movies. The five studios were Viacom Inc. (NYSE:VIA)'s Paramount Home Media … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Pool Corp.

Posted: 18 Apr 2012 10:05 AM PDT

Pool Corp. (NASDAQ:POOL) is slated to report its first quarter 2012 results on April 19, 2012. The current Zacks Consensus Estimate for first quarter earnings is a penny per share, representing an estimated 157.2% annualized growth.
Earnings Surprise
With respect to earnings surprises over the trailing four quarters, Pool has outperformed the Zacks Consensus Estimate in all the quarters.  The earnings surprise ranges from 3.48% to 87.50%, with an average of 24.93%. This implies that the company … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Surprise Rise In Supplies Pulls Oil Below $103

Posted: 18 Apr 2012 10:00 AM PDT

04/18/12 An unexpected rise in front month crude supplies helped push front month crude oil prices lower this afternoon to trade below $103 a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Q1 Earnings Season Off To A Good Start

Posted: 18 Apr 2012 09:51 AM PDT

Key Points:

While it is still early going, the first quarter 2012 reporting season is off to a good start, both relative to pre-season expectations and the preceding quarter.
With earnings reports from about 50 companies or 10% of the S&P 500 already out, total earnings are up 3.7% from the year-earlier period. Approximately 77% of the reported companies have beaten expectations, with a median earnings surprise of 3.9%. At this stage in the fourth quarter, these same companies had reported … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Contracts Pile In Jacobs’ Kitty

Posted: 18 Apr 2012 09:50 AM PDT

Yesterday, Jacobs Engineering Group Inc. (NYSE:JEC) announced winning of two strategic contracts, one from BP Raffinaderij Rotterdam B.V. and another from Saudi Basic Industries Corporation (SABIC).
For the Rotterdam refinery facility in Netherlands, Jacobs will be providing engineering and procurement services, as well as engineering assistance during the phases of construction, commissioning and startup for a major shutdown of the fluid catalytic cracker unit (FCCU). For the start up work, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Chubb Corp.

Posted: 18 Apr 2012 09:40 AM PDT

Property and Casualty insurer Chubb Corp. (NYSE:CB) is slated to release its first quarter earnings on April 19, after the markets close. The current Zacks Consensus Estimate is $1.49 per share for the quarter, projecting a year-over-year expected growth of 10.4%.
Revenue estimates for the quarter, as per the Zacks Consensus, stands at $3.4 billion, representing a revenue growth of 2.1% year over year.
Previous Quarter Performance
In the fourth quarter of 2011, Chubb's operating earnings of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Q1 Earnings Season Off To A Good Start

Posted: 18 Apr 2012 09:25 AM PDT

Key Points:

While it is still early going, the first quarter 2012 reporting season is off to a good start, both relative to pre-season expectations and the preceding quarter.
With earnings reports from about 50 companies or 10% of the S&P 500 already out, total earnings are up 3.7% from the year-earlier period. Approximately 77% of the reported companies have beaten expectations, with a median earnings surprise of 3.9%. At this stage in the fourth quarter, these same companies had reported … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

McDonald’s Sees Management Churn

Posted: 18 Apr 2012 09:25 AM PDT

McDonald’s Corp. (NYSE:MCD) recently named Tim Fenton as the new Chief Operating Officer (COO) worldwide. The management churn comes in the wake of the retirement of present Chief Executive Officer (CEO) Jim Skinner. Effective July 1, 2012, the current COO Thompson will serve as the CEO of McDonald's and subsequently Fenton will hold the office of COO.   
Fenton, who serves as the President of McDonald's Asia, Pacific, Middle East and Africa (APMEA), boasts of valuable experience of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ICE Melts As Competition Heats Up

Posted: 18 Apr 2012 09:05 AM PDT

We have downgraded our recommendation on IntercontinentalExchange Inc. (NYSE:ICE) to Neutral, based on its slow growth momentum during the first quarter coupled with intensely emerging competitive pressure. However, fundamentally the stock continues to remain a long-run player.
The company's fourth-quarter 2011 operating earnings of $1.76 per share topped both the Zacks Consensus Estimate of $1.68 per share and $1.35 per share reported in the year-ago period. Excluding certain net … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Novelos (NVLT): Initiating With An Outperform

Posted: 18 Apr 2012 08:50 AM PDT

Novelos (NVLT): Initiating with an Outperform

Download this Press Release ()
By Grant Zeng, CFA

We are initiating coverage of Novelos (NVLT) with an Outperform rating. Our 12-month price target is $2.50.

Novelos is a development stage pharmaceutical company. The Company's unique technology specifically targets cancer and cancer stem cells through interaction with lipid rafts which are enriched in cancer and cancer stem cells.

The advantages the Company's technology lie in its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: SWK

Posted: 18 Apr 2012 08:50 AM PDT

Stanley Black & Decker(NYSE:SWK) is slated to release its first quarter 2012 financial results on Wednesday, April 18, after the market closes. The current Zacks Consensus Earnings per Share (EPS) Estimate for the first quarter is $1.13 per share, representing an annualized growth of 4.29%. ????
The company had outdone the Zacks Consensus Estimate in the trailing three quarters while it lagged behind in one. The average earnings surprise is a positive 2.17%, indicating the company’s … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Canadian Solar, SkyPower Tie Up

Posted: 18 Apr 2012 08:35 AM PDT

Producer of solar cells and panels, Canadian Solar Inc. (NASDAQ:CSIQ) has entered into a joint venture agreement with SkyPower Limited to acquire a majority interest in SkyPower's 16 solar projects for $185 million.
These projects have a generating capacity of 190-200MW DC. Under a 20-year power purchase contract, the electricity generated from these projects will be sold to Ontario Power Authority. Currently, these projects are in the advanced permitting stage. Construction on these projects is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sears Bucking-up In The Survival Race

Posted: 18 Apr 2012 08:20 AM PDT

Broadline retailer Sears Holdings Corporation (NASDAQ:SHLD), which continues to face a cash crunch, heaved a sigh of relief by closing the sale of its 11 full line stores to General Growth Properties. The sale resulted in $270 million cash flowing toward the company.
The 11 Sears stores located in Florida, Hawaii, Illinois, Iowa, Minnesota, Oklahoma, Texas, Utah and Washington were sold as part of the company's announcement in December 2011. The company announced to pull down shutters on 100 to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Significance Of Citigroup’s Shareholder Revolt

Posted: 18 Apr 2012 08:20 AM PDT

The shareholders of Wall Street giant Citigroup are out to prove that corporate democracy isn't an oxymoron. They've said no to the exorbitant $15 million pay package of Citi's CEO Vikram Pandit, as well as to the giant pay packages of Citi's four other top executives.
The vote, at Citigroup's annual meeting in Dallas Tuesday, isn't binding on Citigroup. But it's a warning shot across the bow of every corporate boardroom in America.
Shareholders aren't happy about executive … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Oil’s Recent Decline May Be Near An End?

Posted: 18 Apr 2012 08:18 AM PDT

Wednesday, April 18, 2012
A quick look at the daily chart for June Crude Oil futures shows the recent down move in prices may be near an end, as a rounded-bottom formation appears to be developing. There is good chart support near the 96.65 area, and some aggressive traders may perhaps wish to explore selling puts in Crude Oil futures options with strike prices below this chart support level. For example, with June Oil trading at 105.11 as of this writing, the June 95 puts could be sold for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wall Street Takes A Breather

Posted: 18 Apr 2012 08:02 AM PDT

04/18/12 US stocks opened lower after big gains on Tuesday. In the tech sector, IBM and Intel declined but Yahoo climbed following the release of earnings … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Architecture Billings Index Positive For 5th Month

Posted: 18 Apr 2012 07:19 AM PDT

Washington, D.C. – April 18, 2012 – “The commercial sector continues to lead the Architecture Billings Index (ABI) which has remained in positive territory for the fifth consecutive month (see chart above). As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the March ABI score was 50.4, following a mark of 51.0 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Risk Aversion Pulls Euro Lower

Posted: 18 Apr 2012 02:00 AM PDT

04/18/12 Risk aversion has eturned this morning to the forex markets with the euro trading lower following weak euro area … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
at

No comments:

Post a Comment