DailyMarkets.com - Viacom Hikes Dividend

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• Viacom Hikes Dividend
• FMC Inks Twin LWI Deals
• Easier Access With Yahoo! Axis
• Avnet Launches New Product
• Macy’s Mulls Expansion In China
• More Generic Launches For Mylan
• Newmont To Reduce Spending In Peru
• MET Plans To Fortify Financials
• New Member For Acxiom Board
• CME Loses Out On LME Takeover
• Incyte Stays Neutral
• Incyte Stays Neutral
• Clorox’s Risk-Reward Balanced
• Clorox’s Risk-Reward Balanced
• Fitch Reaffirms Goldcorp’s Ratings
• AVEO’s AV-203 In Phase I
• McDermott Wins Ayatsil Field Deal
• Cincinnati Financial Stays Neutral
• Avery Teams With Preventice
• Rating Action On AIG
• Still Neutral On Colgate-Palmolive
• Atlantic City Gets First Save-A-Lot
• FDA Nod For Merck Drug Label Update
• Comcast Launches Innovative Offering
• Consumer Data In Focus Ahead Of Holiday Weekend
• Wells Fargo Sees Growth Ahead
• Western Union Stays Neutral
• Xerox To Renew Deal With New Mexico
• GATX Enters Indian Market
• Kansas City Southern Kept Neutral
• Oracle Set To Buy Vitrue
• Moody’s Reaffirms GM Credit Rating
• Activision’s Diablo III Is A Hit
• ABB Wins Brazillian Contract
• Twin Acquisitions By Home Properties
• Almost Laughable
• Stocks Finish Higher On Europe Comments
• Friday’s Stocks To Watch, May 25 2012
• New, Frozen Frontier Awaits Offshore Oil Drilling In Alaska, MIght Yield 1M Bbls/Day
• Signals From Staples And Discretionary Sectors XLP And XLY
• Google Wins Big Against Oracle
• Gilead Drug Up For European Review
• Huge Subsidies ($6.5B) For Electric Vehicles Are Giving American Taxpayers High-Voltage Shocks
• AMSC, Inox In Wind Turbine Deal
• HMA Retained At Neutral
• FedEx Rolls Out Electric Trucks
• Quote Of The Day: Bastiat On Legal Plunder
• Neutral On International Paper
• Credit Card Delinquency Rate Falls To Record Low; Household Fin. Obligation Ratio Lowest Since 1984
• One Reason Why Oil Prices Will Remain Stable: U.S. Production Reached A 14-Year High In February
• Euro Dips To 22-Month Low; Risk Aversion Grows On Weaker China Factories
• The Trend Trader For Forex Trading On Friday, May 25, 2012
• The Trend Trader For ETF Trading On Friday, May 25, 2012
• The Trend Trader For Stock Trading On Friday, May 25, 2012
• The Trend Trader For Futures Trading On Friday, May 25, 2012

Viacom Hikes Dividend Posted: 24 May 2012 04:07 PM PDT The board of directors of  Viacom Inc. (VIAB) recently hiked the company's quarterly cash dividend by approximately 10% to 27.5 cents per share on class A and class B stock. The increased dividend will be paid on July 2, 2012 to shareholders of record as of June 15, 2012. The current dividend yield is 2.12%. The recent hike in the dividend marks the company's second dividend increase since it initiated dividend payment. Last year, the company increased its dividend from 15 cents to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

FMC Inks Twin LWI Deals Posted: 24 May 2012 04:07 PM PDT Leading energy industry service provider FMC Technologies Inc. (NYSE:FTI) entered into double five-year contracts with Island Offshore Management AS. Per the agreement, the former will render Light Well Intervention (LWI) services to be used in the North Sea by Statoil ASA (NYSE:STO). The LWI services – which aid in cutting the costs of operation and enhancing oil recovery rate – will be carried out on the existing subsea wells, leading to higher output from mature oil fields. The contracts, each … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Easier Access With Yahoo! Axis Posted: 24 May 2012 03:58 PM PDT 05/24/12 Yahoo launched its Axis browser and TimeTraveler app. The Axis offers a simpler, visually pleasing way to search on mobile devices and on desktop … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Avnet Launches New Product Posted: 24 May 2012 03:54 PM PDT Avnet Inc.'s (NYSE:AVT) operating segment, Avnet Technology Solutions (TS), recently launched its latest product named Avnet VSPEX Cloud Accelerator Program at the IT conference, EMC World 2012. The program, controlled by Microsoft System Center 2012, will be engaged in providing cloud-related solutions to the value-added reseller partners in the U.S. and Canada. Avnet will also offer its EMC partners and small-to-medium (SME) clients several of its expert services, such as private cloud … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Macy’s Mulls Expansion In China Posted: 24 May 2012 03:54 PM PDT Chinais fast becoming an important hub for leading retailers given the growing luxury market in the country. As any economy grows, it develops a certain class of customers that prefer branded products, and major retailers are looking to capitalize on this opportunity to get a foothold in China.  Therefore, the leading retailers are making their smart move to expand through e-commerce in China. In a bid to expand in China, leading retailer Macy's Inc (NYSE:M) announced its intention to tap … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

More Generic Launches For Mylan Posted: 24 May 2012 03:53 PM PDT Mylan Pharmaceuticals Inc., a subsidiary of generic pharma major Mylan Inc. (NYSE:MYL), recently announced that it has received final approval from the U.S. Food & Drug Administration (FDA) for its generic version of Boehringer Ingelheim's Viramune (nevirapine). Viramune is approved for HIV-1 infection in combination with antiretroviral (ARV) treatment. According to IMS Health, Viramune generated U.S. revenues of approximately $116.6 million for the 12 months ending March 31, 2012. Apart … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Newmont To Reduce Spending In Peru Posted: 24 May 2012 03:53 PM PDT According to Reuters, mining company Newmont Mining Corp. (NYSE:NEM) announced that it will reduce the amount that it plans to spend on its gold mine project in Peru by two-thirds due to delays caused by the Peruvian government and environmental reviews. The company noted that it will cut the costs on the project for the 2012-2013 period and now expects to spend about $440 million, significantly down from its previous outlook of $1.5 billion. As per the report, Newmont is also considering whether … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MET Plans To Fortify Financials Posted: 24 May 2012 03:53 PM PDT MetLife, Inc. (NYSE:MET) has decided to streamline and modify its product mix to better focus on its U.S. business and gain a strong foothold in the emerging economies, management outlined in an investor conference on Wednesday. The company is planning these actions along with many more strategic repositioning to strengthen its financials by 2016. MetLife outlined four initiatives to be the base of all its strategic moves. The initiatives include refocus on the U.S. business, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

New Member For Acxiom Board Posted: 24 May 2012 03:53 PM PDT Acxiom Corporation (NASDAQ:ACXM) recently added Tim Cadogan to its Board of Directors.  Cadogan has been serving OpenX, as a CEO since April 2008. OpenX is the leading provider of digital advertising technology, which enables the firms to manage and maximise their advertising revenue. Prior to OpenX, Cadogan served at Yahoo in a number of executive positions, including Senior Vice President of global advertising marketplaces. He has also served in leadership positions at Overture Services … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CME Loses Out On LME Takeover Posted: 24 May 2012 03:53 PM PDT After NYSE Euronext Inc. (NYSE:NYX), CME Group Inc. (NASDAQ:CME) has also been eliminated from the race to acquire the London Metal Exchange ("LME"), as per Bloomberg. Following the exit of CME Group, only IntercontinentalExchange Inc. (NYSE:ICE) and Hong Kong Exchanges & Clearing Ltd. ("HKEC") remain in contingent to take over the 135-year old metal exchange. LME is considering the offers of the two bidders and will take its final call after taking into account the companies' ability to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Incyte Stays Neutral Posted: 24 May 2012 03:53 PM PDT We are maintaining our Neutral recommendation on Incyte Corporation (NASDAQ:INCY) with a target price of $23.00. This is in line with the Zacks #3 Rank (Hold rating) carried by the stock in the short run. Incyte is a Wilmington, Delaware-based drug discovery and development company focused on oral compounds to treat inflammation and cancer. We are pleased by the November 2011 U.S. approval and subsequent launch of Jakafi for myelofibrosis (MF). Even though the target population for MF is not very … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Incyte Stays Neutral Posted: 24 May 2012 03:53 PM PDT We are maintaining our Neutral recommendation on Incyte Corporation (NASDAQ:INCY) with a target price of $23.00. This is in line with the Zacks #3 Rank (Hold rating) carried by the stock in the short run. Incyte is a Wilmington, Delaware-based drug discovery and development company focused on oral compounds to treat inflammation and cancer. We are pleased by the November 2011 U.S. approval and subsequent launch of Jakafi for myelofibrosis (MF). Even though the target population for MF is not very … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Clorox’s Risk-Reward Balanced Posted: 24 May 2012 03:53 PM PDT We maintain our long-term Neutral recommendation on The Clorox Company (NYSE:CLX), one of the world’s leading manufacturers of consumer products, based on a balanced risk-reward scenario for the company. The neutral view on Clorox stems from the company's solid third-quarter performance in a difficult economy and despite higher input costs, the benefits of its ongoing cost saving initiatives and price increases, encouraging forward guidance and intensive capital investments, offset by intense … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Clorox’s Risk-Reward Balanced Posted: 24 May 2012 03:53 PM PDT We maintain our long-term Neutral recommendation on The Clorox Company (NYSE:CLX), one of the world’s leading manufacturers of consumer products, based on a balanced risk-reward scenario for the company. The neutral view on Clorox stems from the company's solid third-quarter performance in a difficult economy and despite higher input costs, the benefits of its ongoing cost saving initiatives and price increases, encouraging forward guidance and intensive capital investments, offset by intense … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Fitch Reaffirms Goldcorp’s Ratings Posted: 24 May 2012 03:53 PM PDT Recently, Fitch Ratings announced that it is maintaining the Issuer Default Rating (IDR) of Goldcorp (NYSE:GG) at 'BBB.' The agency also reaffirmed the ratings of the $862.5 million senior unsecured convertible notes and the $2 billion senior unsecured revolving credit facility at 'BBB.' The Rating Outlook was kept at Stable by Fitch. Fitch said that Goldcorp's portfolio has got substantial reserves with impressive mine lives. More importantly, these reserves are mostly located in areas … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AVEO’s AV-203 In Phase I Posted: 24 May 2012 03:53 PM PDT AVEO Pharmaceuticals, Inc. (AVEO) recently initiated a phase I study with its oncology candidate, AV-203. AV-203 is an ERBB3 inhibitory antibody and AVEO's third clinical stage candidate. The multi-center, dose escalation study will evaluate the candidate's safety and preliminary tolerability among other endpoints.  The use of predictive biomarkers will also be explored. AVEO and Biogen Idec International GmbH, a subsidiary of Biogen Idec Inc. (NASDAQ:BIIB), have a strategic alliance to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

McDermott Wins Ayatsil Field Deal Posted: 24 May 2012 03:53 PM PDT Energy-focused engineering and construction firm McDermott International Inc. (NYSE:MDR) announced that one of its affiliates has won a contract from Mexico's state oil monopoly Petroleos Mexicanos, or Pemex. Per the agreement, McDermott will be involved in the construction of the new Ayatsil-B drilling platform located in the Ayatsil field in the Bay of Campeche. The scope of the contract includes engineering, procurement, fabrication, pre-commissioning, load-out and sea fastening of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cincinnati Financial Stays Neutral Posted: 24 May 2012 03:53 PM PDT We are maintaining our Neutral recommendation on the shares of Cincinnati Financial Corp. (NASDAQ:CINF), to reflect the gradually improving Commercial Lines, Personal Lines and Excess and Surplus Lines business. However, the continued low interest rate environment and the lack of a complete reversal in the insurance pricing cycle keeps us on the sidelines. The Commercial Lines business is gradually witnessing improving market conditions after several years of significant competitive pressure. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Avery Teams With Preventice Posted: 24 May 2012 03:53 PM PDT Avery Dennison Medical Solutions, a business unit of Avery Dennison Corporation (NYSE:AVY) has decided to team up with the producer of mobile health applications and patient monitoring systems, Preventice, Inc. The synergy will be producing a new version of Metria that will be patch-based wearable sensors for clinical monitoring of a patient's physiological characteristics.   The Metria solution provides continuous link between patients and health care providers using mobile, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Rating Action On AIG Posted: 24 May 2012 03:53 PM PDT Fitch Ratings reiterated Issuer Default Rating (IDR) of ‘BBB’ of American International Group Inc. (NYSE:AIG). The outlook remains positive. Subsequently, the rating agency also reiterated the Insurer Financial Strength ratings of 'A' on the company's operating units with a stable outlook. The rating affirmations came on the back of the company's competitive positioning in the life and non-life insurance market. However, weak performances at the company's core insurance operations … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Still Neutral On Colgate-Palmolive Posted: 24 May 2012 03:53 PM PDT We are maintaining our long-term Neutral recommendation on Colgate-Palmolive Company (NYSE:CL) with a Zacks #3 Rank, implying a short-term Hold rating with a target price of $106.00 per share. Colgate-Palmolive is the industry leader in oral care and commands market-leading positions in several personal care product categories. Furthermore, a strong portfolio of globally recognized brands provides a competitive advantage to the company and strengthens its dominant position in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Atlantic City Gets First Save-A-Lot Posted: 24 May 2012 03:53 PM PDT Save-A-Lot, America's leading hard-discount, carefully selected assortment grocery chains and a wholly-owned subsidiary of SUPERVALU Inc. (NYSE:SVU) announced the opening of its full-service grocery store in Atlantic City on May 17, 2012. Save-A-Lot already operates 10 other stores in New Jersey, and the opening of the Atlantic City is the 11th in this region. The company has given employment to 240 workers in the region. Save-A-Lot stores, which offer goods at prices typically 40% less than … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

FDA Nod For Merck Drug Label Update Posted: 24 May 2012 03:53 PM PDT Merck (NYSE:MRK) recently announced that the U.S. Food and Drug Administration (FDA) approved a label update for its HIV therapy, Isentress. The FDA has allowed Merck to update Isentress' label so that 156-week data from the ongoing STARTMRK study may be included. The multi-center, double-blind, randomized, active-controlled, phase III non-inferiority STARTMRK study is comparing Isentress combination therapy to efavirenz combination therapy in treatment-naïve HIV 1 patients. Results showed that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Comcast Launches Innovative Offering Posted: 24 May 2012 03:53 PM PDT Comcast Corporation (NASDAQ:CMCSA) the largest cable MSO in the U.S. is introducing a new service for its voice customers which is expected to challenge large telecom carriers like Verizon Communication Inc's (NYSE:VZ) wireless data packages. We believe that Comcast is introducing this service to offset the growing threats from both telecom and satellite service providers that are taking away its potential customers. Comcast is launching this service under the name of "voice 2go" and would allow … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Consumer Data In Focus Ahead Of Holiday Weekend Posted: 24 May 2012 03:20 PM PDT 05/23/12 Consumer sentiment and confidence data will be coming out from the US and Germany. The US markets may begin to wind down early on Friday, ahead of the long holiday … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wells Fargo Sees Growth Ahead Posted: 24 May 2012 02:18 PM PDT Wells Fargo & Co. (NYSE:WFC) is well positioned to grow its business in the years ahead. At its annual investor day event held earlier this week, the company had come out of financial crisis well and achieved nine consecutive quarters of earnings per share growth. Wells Fargo announced its target of return on assets of 1.3% to 1.6% and return on equity of 12% to 15%, subject to economic and regulatory environment. This is likely to support a shareholder payout ratio of about 50% to 65%. Wells … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Western Union Stays Neutral Posted: 24 May 2012 02:18 PM PDT Western Union Co. (NYSE:WU) adopted several strategic initiatives during the recent years to generate long-term growth. However, growing competitive pressure from other cheaper money transfer options may erode the company's premium pricing, thus pressurizing the bottom line. We thus retain our Neutral recommendation on the company. Western Union's key business, Consumer-to-Consumer has been witnessing growth for the past several years except in 2009, when the economic crisis had an adverse … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Xerox To Renew Deal With New Mexico Posted: 24 May 2012 02:18 PM PDT After penning an alliance with CHOICE Administrators Exchange Solutions for delivering a cloud-based Health Insurance Exchange (HIX) solution, office automation and equipments major Xerox Corporation (NYSE:XRX) is in the news again. The company is going to renew its relationship with New Mexico's Human Services Department for running and upgrading the state's health care delivery mechanism to Medicaid recipients. The contract awarded to Xerox is worth $105 million and is slated to run for a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GATX Enters Indian Market Posted: 24 May 2012 02:18 PM PDT One of the world's leading railcar leasing firm GATX Corporation (NYSE:GMT) has announced its collaboration with India-based supply chain and logistics infrastructure solutions provider, Arshiya Rail Infrastructure Ltd. Per the 10-year tie up, GATX will lease 45 newly purchased rail wagons to Arshiya. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Kansas City Southern Kept Neutral Posted: 24 May 2012 02:18 PM PDT We remain encouraged by Kansas City Southern's (NYSE:KSU) favorable revenue trend on the back of continued momentum in pricing and shipments, particularly in Intermodal, Energy and Automotives. New business opportunities in Mexico and other emerging international markets will also bode well for future growth. Moreover, the improvement in the company's cost structure and estimated reduction in debt expenses look promising and suggest earnings going forward. However, stiff competition, increased … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Oracle Set To Buy Vitrue Posted: 24 May 2012 02:18 PM PDT The competition for dominating the cloud-based software-as-a-service (SaaS) market is heating up as arch rivals Oracle (NASDAQ:ORCL) and SAP (NYSE:SAP) look to outdo each other on the acquisition front. Recently, SAP announced its intention to acquire business & commerce network company Ariba Inc. Almost at the same time Oracle announced its plans to buy Vitrue, a cloud-based social-marketing software developer. Although Oracle did not provide any financial details of the transaction, the company … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Moody’s Reaffirms GM Credit Rating Posted: 24 May 2012 02:18 PM PDT Moody's Investors Service, the credit rating agency of Moody’s Corporation (NYSE:MCO), has reaffirmed the credit rating of General Motors Company (NYSE:GM) at Ba1, citing the company's outlook to be positive. The agency is confident about the company's competitive business model in North America, better cost structure, improved lineups and strong market position in Asia. As a result, it is looking forward to upgrade GM to investment grade credit rating within a year. Recently, Moody's raised … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Activision’s Diablo III Is A Hit Posted: 24 May 2012 02:18 PM PDT Activision Blizzard Inc. (NASDAQ:ATVI) thrashed analyst estimates when it announced the first week sales of its much-hyped title Diablo III. The company announced that the first week unit sales of the title exceeded 6.3 million. On the contrary, analysts had projected that the title would gross 5 million copies in the first year of its release. Diablo III was released on May 15, 2012. The better-than-expected sales figures suggest that gamers have been busy defending the "Sanctuary" from the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ABB Wins Brazillian Contract Posted: 24 May 2012 02:18 PM PDT ABB Ltd. (NYSE:ABB) has been awarded a contract worth $50 million for constructing transmission substations in Brazil. The contract was included in the first-quarter bookings of the company. As per the deal, two new 230/69 kV (kilovolt) substations at Miramar and Tucurui and a 230/138 kV substation at Nobres for Eletrobras Eletronorte in Northern Brazil will be designed, supplied, installed and commissioned by ABB. Apart from this, a new 230/138 kV substation will also be constructed at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Twin Acquisitions By Home Properties Posted: 24 May 2012 02:17 PM PDT Home Properties Inc. (NYSE:HME), a multifamily real estate investment trust (REIT), has recently acquired two apartment communities in Virginia for an aggregate purchase price of $112.2 million. The twin acquisitions are expected to be accretive to earnings with immediate effect. At the same time, the company announced that it has initiated marketing efforts for 10 held-for-sale properties (worth $300 million) in diverse locations such as Baltimore, Washington, D.C., Philadelphia and Long Island, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Almost Laughable Posted: 24 May 2012 02:12 PM PDT In “'The Death of Equities'… Again?” FT Alphaville ponders whether sentiment has reached the kinds of extremes that have historically marked major — secular — turning points: Thursday's FT declares "the end of a six-decade passion for equities". Quite a claim. Institutional investors, from pension funds to mutual funds sold directly to the public, have slashed holdings in the past decade. Stocks have not been so far out of favour for half a century. Many declare the "cult of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Finish Higher On Europe Comments Posted: 24 May 2012 09:00 AM PDT 05/24/12 U.S. stocks finished higher after late day comments from the Italian premier and French President helped boost confidence that Greece would stay in the euro … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Friday’s Stocks To Watch, May 25 2012 Posted: 24 May 2012 01:42 PM PDT  ( click to enlarge ) US Airways Group, Inc. (NYSE:LCC) had a very nice day today, breaking out above the $11.50 level on heavy volume. As long as it can hold this level, it looks good !!   ( click to enlarge ) Looking at the technical chart of Hyperdynamics Corporation (HDY) I think the most important level to watch here is the 50 day MA now at $.99. As we can see, it previously failed at the 1.30 level back in April and it has once again rallied up to this MA. The MACD is moving … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

New, Frozen Frontier Awaits Offshore Oil Drilling In Alaska, MIght Yield 1M Bbls/Day Posted: 24 May 2012 01:41 PM PDT From yesterday’s NY Times:  “Barring a successful last-minute legal challenge by environmental groups, Shell will begin drilling test wells off the coast of northern Alaska in July, opening a new frontier in domestic oil exploration and accelerating a global rush to tap the untold resources beneath the frozen ocean. Industry experts and national security officials view the Alaskan Arctic as the last great domestic oil prospect, one that over time could bring the country a giant step … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Signals From Staples And Discretionary Sectors XLP And XLY Posted: 24 May 2012 01:14 PM PDT I find it helpful to step inside sector performance when assessing the health or potential weakness ahead for the broader Stock Market. Let's take a look at recent signals before and after the sharp May stock sell-off along with what signals appear currently. First, let's compare the Consumer Discretionary (Retail) Sector with the Consumer Staples Sector, both of which give us clues as to "Risk-On" or "Risk-Off" trends in money flow. Here's the Daily Chart of XLY – Consumer … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Google Wins Big Against Oracle Posted: 24 May 2012 01:08 PM PDT Google Inc. (NASDAQ:GOOG) won the second phase of its trial against Oracle Corp (NASDAQ:ORCL) when a jury voted unanimously in its favor on all eight considerations before it. The second phase of the trial was about patent infringements, which according to intellectual property experts, constituted the less important part. In fact, patents have shorter lives (owners can cash in on them for 20-odd years) compared to copyrights, which could generate revenue for 95 years or more. The patents in question … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gilead Drug Up For European Review Posted: 24 May 2012 01:08 PM PDT Recently, Gilead Sciences, Inc. (NASDAQ:GILD) announced that its marketing application seeking approval for its candidate cobicistat in the EU has been validated by the European Medicines Agency (EMA). Cobicistat acts as a "boosting" agent whose addition causes blood levels of protease inhibitors — such as Bristol-Myers' (NYSE:BMY) HIV drug Reyataz and Johnson & Johnson's (NYSE:JNJ) Prezista — to increase, thereby enabling the HIV therapy to be dosed once daily. We note that cobicistat only … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Huge Subsidies ($6.5B) For Electric Vehicles Are Giving American Taxpayers High-Voltage Shocks Posted: 24 May 2012 12:52 PM PDT From my McClatchy editorial, out for national distribution this week, here is a link is to the version in today’s Sacramento Bee:  “Since 2008, taxpayers have spent or provided loan guarantees of $6.5 billion for electric vehicles. That includes $2.4 billion for battery and electric drive component manufacturing, $3.1 billion in loan guarantees for electric vehicle projects, and $1 billion in tax credits for the vehicles. The price that American taxpayers pay for commercializing electric … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AMSC, Inox In Wind Turbine Deal Posted: 24 May 2012 12:42 PM PDT American Superconductor Corporation (NASDAQ:AMSC) has received a follow-on order from Inox Wind Limited ("IWL") for 50 Wind Turbine electrical control systems ("ECS"). The control systems will be used by IWL for its 2 megawatt (MW) wind turbines. Electrical control systems are a set of integrated and high-performance power electronics systems that include the wind turbine power converter cabinet, internal power supply and various other controls. Jointly, these systems facilitate to control … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

HMA Retained At Neutral Posted: 24 May 2012 12:42 PM PDT We reiterate our Neutral rating on Health Management Associates (NYSE:HMA). Its first-quarter 2012 earnings per share of 24 cents beat the Zacks Consensus Estimate of 22 cents. Net income from continuing operations dropped 29.4% year over year to $39.1 million. Consolidated net income dropped 32.1% to $37.7 million (or 15 cents per share). Revenues (prior to provisioning for doubtful clients) increased 18.2% year over year to $1,686.5 million, beating the Zacks Consensus Estimate of $1,618 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

FedEx Rolls Out Electric Trucks Posted: 24 May 2012 12:42 PM PDT FedEx Corp. (NYSE:FDX) has initiated the deployment of electric trucks at its distribution center in Silicon Valley, CA. By the end of this year, the company expects delivery of 34 electric trucks across San Francisco Bay Area. FedEx also expects to deploy electric trucks in international markets like Hong Kong, Berlin, Florence, London and Paris. Deployment of these trucks is a part of FedEx's previously announced goals of increasing the number of fuel efficient transportation in its fleet. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Quote Of The Day: Bastiat On Legal Plunder Posted: 24 May 2012 12:38 PM PDT “Legal plunder can be committed in an infinite number of ways. Thus we have an infinite number of plans for organizing it: tariffs, protection, benefits, subsidies, encouragements, progressive taxation, public schools, guaranteed jobs, guaranteed profits, minimum wages, a right to relief, a right to the tools of labor, free credit, and so on, and so on. All these plans as a whole—with their common aim of legal plunder—constitute socialism. But how is this legal plunder to be identified? … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Neutral On International Paper Posted: 24 May 2012 12:22 PM PDT We maintain our Neutral recommendation on International Paper (NYSE:IP). The quantitative Zacks #3 Rank (short-term Hold rating) for the company indicates no clear directional pressure on the shares over the near term While International Paper's first quarter 2012 earnings per share (EPS) of 57 cents sailed past the Zacks Consensus Estimate, revenues of $6.6 billion failed to meet the concensus. Mergers and acquisitions continue to be International Paper's key strategy to strengthen its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Credit Card Delinquency Rate Falls To Record Low; Household Fin. Obligation Ratio Lowest Since 1984 Posted: 24 May 2012 12:13 PM PDT The Federal Reserve released new data today on delinquency and charge-off rates at U.S. commercial banks for the first quarter of 2012. For consumer credit cards, the delinquency rate fell for the 11th consecutive quarter to 3.07% during the January-March period, which is the lowest level ever recorded since the Federal Reserve started tracking these data back in 1991 (see blue line in chart). For all consumer loans, the first quarter delinquency dropped to 2.89%, the lowest rate since the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

One Reason Why Oil Prices Will Remain Stable: U.S. Production Reached A 14-Year High In February Posted: 24 May 2012 10:56 AM PDT From today’s WSJ editorial  “Why Oil Prices Will Keep Falling” by Nansen Saleri, CEO of Quantum Reservoir Impact in Houston: “The invisible hand steadying global energy markets is the growing influence of modern technologies. So a case can be made for a relatively stable crude-price window—$80 to $120 a barrel for the next several years.  The growing influence of modern technologies is evident everywhere. Net daily U.S. imports of petroleum have dropped by 50% to eight million … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro Dips To 22-Month Low; Risk Aversion Grows On Weaker China Factories Posted: 24 May 2012 10:24 AM PDT Fundamental Headlines - Europe Manufacturing Shrinks, German Confidence Drops – Bloomberg - Europe's Slump Deepens, U.S., China Lose Momentum – Reuters - China Factory Data Signals Weak First-Half Growth – Reuters - BOJ To Keep Powerful Easing But Can't Target Yen – Reuters - German Economy Shrugs Off Recession Fears in First Quarter – Reuters European Session Summary The Japanese Yen was the top performer for the second straight day as investors continued to shy away from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Forex Trading On Friday, May 25, 2012 Posted: 24 May 2012 05:03 AM PDT By ForexMansion.com The Trend Trader for Forex For Trading On Friday, May 25, 2012 THE BIG SIX Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading AUDUSD – Aust Dollar / US Dollar 0.9762 + 0.18 0.9784 0.9889 Bearish EURUSD – Euro / US Dollar 1.2533 − 0.38 1.2627 1.2773 Bearish GBPUSD – British Pound / US Dollar 1.5668 − 0.12 1.5723 1.5890 Bearish USDCAD – US Dollar / Canadian Dollar 1.0262 + 0.12 1.0235 1.0145 Bullish USDCHF – US Dollar / … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Friday, May 25, 2012 Posted: 24 May 2012 05:03 AM PDT By ForexMansion.com The Trend Trader for ETFs For Trading On Friday, May 25, 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 110.75 − 0.08 110.82 110.99 Bearish BND – Vanguard Total Bond Market ETF 83.93 − 0.11 83.99 84.08 Bearish DBC – DB Commodity Index Tracking Fd 25.96 + 0.04 26.06 26.37 Bearish DIA – SPDR DJ Industrial Average ETF 125.12 + … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Stock Trading On Friday, May 25, 2012 Posted: 24 May 2012 05:03 AM PDT By ForexMansion.com The Trend Trader for the Dow 30 Stocks For Trading On Friday, May 25, 2012 In alphabetical order by symbol Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading AA – Alcoa Inc 8.63 + 0.23 8.54 8.64 Neutral AXP – American Express Company 56.34 + 0.66 56.10 56.63 Neutral BA – Boeing Co 71.39 − 0.25 71.28 70.62 Bullish BAC – Bank of America Corporation 7.14 − 0.42 7.07 7.15 Neutral CAT – Caterpillar Inc 91.42 − … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Futures Trading On Friday, May 25, 2012 Posted: 24 May 2012 05:03 AM PDT By ForexMansion.com The Trend Trader for Futures For Trading On Friday, May 25, 2012 INDICES Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading S&P 500 – Jun ESM2 1322.50 + 0.51 1314.39 1310.50 Bullish Dow Jones – Jun YMM2 12536 + 0.56 12462 12484 Bullish Nasdaq – Jun NQM2 2536.25 − 0.17 2534.67 2517.50 Bullish Russell – Jun TFM2 768.50 + 0.64 760.91 759.60 Bullish INTEREST RATES US T-Bond – Jun ZBM2 147-16 − … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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