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Euro Down Slightly After Weekend On Spain Worry
by admin
1 May 2012 at 4:41am
Yesterday the euro was down slightly compared to the U.S. dollar, 1.321 to 1.325 dollars compared to last Friday, particularly affected by the disturbing news growing on Spain. The Spanish economy has again contracted by 0.3% in real terms in the first quarter 2012 compared to the last of 2011, according to the National Statistics Institu Read more ...
Euro Stability Still A Concern On Forex Markets
by admin
24 Apr 2012 at 8:13am
Parity between the euro / dollar is now almost perfectly balanced on the currency market: at around 13:00 hours, the euro was trading at 1.3156 (- 0.01%). Slightly increased towards the yen to 106.9. Nothing to report in the forex market on the state of the euro / Swiss franc, which is stable at 1.2021. ‘We expect fu Read more ...
Euro Mixed Against All Other Majors
by admin
18 Apr 2012 at 7:53am
The single currency was losing again today, dropping below $1.31 (EUR/USD) on Wednesday afternoon, amid persistent doubts about the sovereign status of Europe. At this time, the euro yield is 0.42% against the greenback at 1.3073 dollars per euro. The IMF reviewed yesterday, downgrading its growth forecast for Spain in 2012, which shows a Read more ...
Fed Keeps Rates Low ? Euro Seems Without Trend
by admin
14 Mar 2012 at 6:40am
The single European currency remained without a major trend against the U.S. dollar in the wake of a highly anticipated meeting of the Monetary Policy Committee of the Fed, whose tone lately has been quite positive for the Dollar. The Euro dropped yesterday afternoon from 0.04% to 0 Read more ...
Bernanke comments causes sell off
by Tom
1 Mar 2012 at 4:55am
Market sentiment received a bit of a boost yesterday when the results of the ECB?s long-awaited second long-term liquidity operation (LTRO) showed strong demand for the cash from European banks. The ECB lent 800 banks ?529.5 billion, somewhat above the ?450 billion that the market had been anticipating and the ?489 billion lent to 523 fi Read more ...
Euro firm however downside risks remain
by Tom
28 Feb 2012 at 8:36am
Today the euro remains firm versus the dollar and sterling, trading in relatively tight ranges despite the announcement from ratings agency Standard & Poor?s that it is cutting Greece?s long term credit trading to selective default. Such a move was already expected and indeed factored in, though yesterday?s comments from EU Commission Read more ...
Euro upside following Greek deal
by Tom
22 Feb 2012 at 9:34am
Having retreated from near two-week highs as optimism over the long-awaited Greek bailout deal faded to be replaced by underlying concerns over growth and implementation risks, the euro has traded in a relatively tight range versus the dollar over the past 24 hours. Parliaments in three countries (Germany, the Netherlands and Finland) must now a Read more ...
Euro upside following Greek Deal
by Tom
21 Feb 2012 at 9:20am
The euro gained some ground in early morning trade briefly breaking through key resistance after eurozone finance ministers finally sealed the details of a second ?130 billion bailout package for Greece. There was also agreement on the details of Greek?s deal with private sector investors, who are now expected to take a haircut in excess of Read more ...
Euro sold as Greek Deal lingers
by Tom
16 Feb 2012 at 4:35am
The euro started yesterday with a firmer tone on the news that China would continue investing in euro debt and pledges from the Greek opposition Conservative Party to commit to tough austerity measures. This was before the latest twist in the on-going Greek debt saga saw renewed pressure on the single currency, which has fallen back to trade at Read more ...
UK on watch for credit downgrade
by Tom
14 Feb 2012 at 4:09am
The Bank of Japan surprised markets overnight, as it decided to expand its asset buying programme by Y10 trillion to Y65 trillion (the entire amount will be used for the purchase of long term government bonds) and set a price stability goal of 1%. In doing so it is abandoning its long used ?understanding of price stability? phrase. The conse Read more ...

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Friday Sector Laggards: General Contractors & Builders, Biotechnology Stocks
by MarketNewsVideo
18 May 2012 at 10:21am
In trading on Friday, general contractors & builders shares were relative laggards, down on the day by about 2%. Helping drag down the group were shares of Lennar (LEN.B), down about 4.4% and shares of Pultegroup (PHM) off about 3.9% on the day.
Friday Sector Leaders: Precious Metals, Apparel Stores
by MarketNewsVideo
18 May 2012 at 10:20am
In trading on Friday, precious metals shares were relative leaders, up on the day by about 3.1%. Leading the group were shares of Golden Minerals (AUMN), up about 14.4% and shares of Lake Shore Gold (LSG) up about 9% on the day.

Should College Students Be Forced To Buy E-Books?
by Janet Novack
18 May 2012 at 10:13am
It's not just rising college tuition and room and board charges. It's all those incidentals--from student activity and health fees to lab fees and books--that are turning higher education into such a financial burden. According to the College Board's latest Trends In College Pricing report,  in 2011-2012, books and supplies cost students at four year public colleges an average of $1,168, and at private non-profit four-year colleges an average of $1,213.  Nor is this a new problem. A 2005 report by Congress' Government Accountability Office found that from 1986 through2004, text book prices nearly tripled, rising at twice the rate of inflation.

10 Things College Students Waste Money On
by Janet Novack
18 May 2012 at 10:13am

How Stay-at-Home Moms Can Thumb Their Noses at the CARD Act
by Sheryl Nance-Nash
18 May 2012 at 9:45am
Andrea Frayser had the worst time getting a credit card. Why? She's a stay-at-home mom. ?It wasn't until a bank representative told me to have my household budget direct deposited into an account with only my name on it to show regular income, and to list my position as ?consultant?, that I was able to get several credit cards that way and establish a good credit rating of my own,? says Frayser.

Catalysts Driving Apple to $800 by Year End; Psst Facebook Does Not Have Them
by Darcy Travlos
18 May 2012 at 9:24am
I have published on (and bought)  Apple all the way down in the $590s, $580s and $560s.  I bought more Apple at $532.  Buying Apple on unexplained stock dips (ie, $85 in 2008) has proven fortuitous.  I believe that today, with Apple in the $530-$540s, represents the same opportunity.  Zig and build a position in Apple, while the rest of the (media) world is zagging and focused on Facebook.  What does Apple have going for it?
Gold Rush . . . to the Sooner State?
by Lara Hoffmans
18 May 2012 at 9:13am
For all of California?s effort to close their funding gap, it seems California?s budget deficit is now $16 billion. For those doing the math, that?s $7 billion more than the most recent $9 billion projection. Contributing to the wider gap were tax receipts coming in about $4 billion below projections.
Footwear Earnings: FL, BWS
by MarketNewsVideo
18 May 2012 at 9:03am
Foot Locker (FL) announced that it earned $128 million, or 83 cents per share, up from $94 million, or 60 cents per share, in the same period last year. Revenue increased by 8.7 percent to $1.58 billion from $1.45 billion. Analysts had expected a profit of 74 cents per share on $1.55 billion in revenue.

Ten Things to Do When You Lose Your Job
by Kerry Hannon
18 May 2012 at 8:24am
How does it feel to be nearly 60 and back in the job market after an unexpected layoff? You went down with an entire department?s implosion.

Famously Disappointing IPOs
by Investopedia
18 May 2012 at 8:13am
Are you ready to drop some serious cash for some of that hot and fresh Facebook stock when the company finally makes its trading debut? To borrow an earlier generation's expression - you should cool your jets. Some of the most ballyhooed initial public offerings (IPOs) in history are today famous only for the speed at which they vacuumed out their early shareholders' wallets.

The Best-Performing U.S. IPOs
by Investopedia
18 May 2012 at 8:13am
The average initial public offering on a U.S. exchange lost 12% in 2011. These 10 did far better.

The Best Cash Back Credit Cards, May 2012
by Luke Landes
18 May 2012 at 8:09am
Cash back credit cards can help consumers practice responsible spending while earning a little extra for their efforts when used properly. It wasn?t long ago that the best cash back credit cards were offering rewards as high as 5% for all purchases, but that is unfortunately no longer the case.

Ten Top Credit Card Choices From College To Retirement
by Luke Landes
18 May 2012 at 8:09am
Not all credit cards are created equal. Different types can help you meet different financial goals at various stages of your life, from the first days of college to the golden years and retirement. Here?s a selection of the options out there.

Poverty Is a Threat to Democracy
by Luke Landes
18 May 2012 at 8:07am
Tavis Smiley and Dr. Cornel West have been working hard to bring the issue of poverty into the consciousness of the citizens and political discourse of the United States. As a team, Smiley and West have been touring city to city, speaking to audiences concerned about the increasing wealth gap in this country. Their book, The Rich and the Rest of Us: A Poverty Manifesto, is the culmination of their observations of American citizens throughout these travels.

America's 25 Highest Paid CEOs
by Luke Landes
18 May 2012 at 8:07am
While the stagnant economy continues to hurt those at the bottom of the U.S. workforce, there's plenty of money for the .0001% at the top. Compensation includes salary, bonuses, perks and exercised stock options; current as of Sept. 6, 2011. Sources: Compustat ExecuComp; SEC filings.
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Exchange rate forecasters say a return to strength for the Australian dollar ...

17 May 2012 at 4:22am  The Australian dollar (Currency:AUD) is forecasted to experience weakness in the near-term according to analysts at both Barclays and RBS. (PS. For investment-grade FX forecasts please visit our International Money Tranfer site, access is Free via Facebook).

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Debt crisis: Greek euro exit looms closer as banks crumble - Daily Telegraph

16 May 2012 at 12:45pm  The crisis is replicating the pattern of fixed-exchange ruptures through history ... more to "austerity-resistant Greeks" so that they can squirrel money abroad. Julian Callow from Barclays Capital said the ECB risks grave contagion if it lets go of ...

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Barclays PLC : Barclays Expands its Wealth and Investment Management Team in ...

15 May 2012 at 5:54pm  Barclays moves, lends and invests money for customers and clients worldwide ... BCI is a registered broker dealer and investment adviser, regulated by the U.S. Securities and Exchange Commission, with offices at 200 Park Avenue, New York, New York 10166.

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