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Euro Weakness Looking To Hold
by admin
21 May 2012 at 12:33pm
On the Forex markets this morning the Euro around was struggling to regain a foothold beyond the $1.27 area against the Dollar. Staying virtually unchanged from its level on Friday, the dollar at 1.2692 euro (+ 0,08%). A low of 1.2642 dollars was hit this morning, against a peak at 1.2708. No significant movements to report against the ye Read more ...
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 ...

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New Honolulu parking meters will be powered by the sun
21 May 2012 at 8:49pm
The City and County of Honolulu will launch a pilot project next month to replace its coin-operated parking meters with solar-powered meters that take credit cards. Motorists who use the new meters also will be able to add more time via their mobile phones, the city said in a statement Monday. ?These new meters will provide more payment options for the convenience of drivers, while still retaining the coin-payment capabilities of traditional meters,? Mayor Peter Carlisle said in a statement....
CareSource, other local firms to add jobs
by Joe Cogliano
21 May 2012 at 7:51pm
CareSource is planning to add 150 workers, but it is unclear where those jobs will be located. On Monday, the state approved tax incentives for the Dayton-based manager of Medicaid plans. The project site is yet-to-be determined, according to state officials. In 2011, CareSource ranked as the third largest company in the Dayton area with $2.8 billion in revenue. Other local companies that received Job Creation Tax Credits Monday include: · Corbus LLC, which expects to create 58 new jobs as a...
Standard & Poor's downgrades WPAHS bonds
by Kris B. Mamula
21 May 2012 at 7:31pm
Standard & Poor?s on Monday downgraded its long-term rating to B- from B+ on $737 million in bonds issued by the West Penn Allegheny Health System, 10 days after the ailing hospital network reported that overall losses had more than tripled to $76 million during the nine months ending March 31 when compared to the same period a year ago. S&P said the downgrade reflected ?deterioration in WPAHS?s overall finances,? according to the agency. The rating could have sunk still further if Highmark?s...
Cooperman named Portland treasurer
by Andy Giegerich
21 May 2012 at 7:00pm
The city of Portland has hired a new treasurer. Jennifer Cooperman brings loads of municipal and corporate experience to the position. She?ll oversee the city?s investment initiatives as serving as a senior financial analyst within Portland?s Office of Management and Finance. She also worked as deputy superintendent and policy director for the New York State Insurance Department. She?s also worked for Goldman Sachs and Cargill Inc.?s Minneapolis office. She replaces Eric Johansen, who...
D.R. Horton to ask Hawaii LUC for more time for Hoopili project
by Duane Shimogawa
21 May 2012 at 6:59pm
D.R. Horton ? Schuler Homes LLC will ask the Hawaii Land Use Commission for more time on its Hoopili project case. The LUC is expected to make a decision on Tuesday on the planned 11,750-home subdivision on 1,554 acres of land in Ewa. D.R. Horton is asking for approval to change the classification of prime agricultural land to urban. But according to Cameron Nekota, vice president for D.R. Horton?s Hawaii Schuler Division, the developer will ask for three more weeks so it can draft more legal...
'Hawaii Five-0' season two locations - Slideshow
21 May 2012 at 6:50pm
CBS aired the last episode of the second season of ?Hawaii Five-0? last week, and PBN took a look at some of the locations around Honolulu where the show was shot. Often the PBN staff can spot where the show was filmed, such as series star Alex O?Loughlin running across the street near the popular Honolulu restaurant Indigo, or the time guest star Ed Asner was involved in a shootout at the Gordon Biersch Brewery Restaurant at Aloha Tower Marketplace, or when Scott Caan teamed up with LL Cool...
Element Environmental wins $20M site-restoration contract
21 May 2012 at 6:42pm
Element Environmental LLC was recently awarded a three-year, $20 million indefinite-delivery/indefinite-quantity multiple-award contract for the long-term monitoring and management of environmental restoration sites in Hawaii and Guam and other locations throughout the Pacific. The Aiea-based company also will perform work at sites on the Superfund national priorities list under the contract with the Navy Facilities Engineering Command Pacific, the company said in a statement.
Business plan competition gives Kauai agriculture a boost
by Duane Shimogawa
21 May 2012 at 6:41pm
Agriculture is alive and well on the Garden Isle. Initiatives such as the Kauai Coffee Agricultural Business Plan Competition are helping to stimulate this age-old sector by building diversified, healthy and profitable agri-businesses. The Kauai Economic Development Board and its Food & Agriculture Committee will announce the winners next Thursday for prizes ranging from $5,000 to $20,000. The purpose of the competition is to bring together and provide the best possible resources, including education...
Hawaii beaches score high in news magazine?s rankings
21 May 2012 at 6:33pm
Hawaii?s Neighbor Islands fared well in a new ranking of summer vacation destinations by U.S. News and World Report. The Big Island and Maui were ranked No. 1 and No. 2 for ?Best Beaches in the USA,? while Kauai and the Big Island came in at No. 2 and No. 3 on the list of ?Most Relaxing Beaches? behind No. 1 British Virgin Islands. Maui also made the list, No. 2, for ?Family Beach Vacations in the USA.? The U.S. News Best Vacations rankings identify top vacation spots based on a methodology...
Ecotality turns profit, sees revenue rise 215%
by Patrick O'Grady
21 May 2012 at 5:57pm
Ecotality Inc. turned a $1.2 million profit on record revenue in the first quarter, reaping the rewards of the growing rollout of electric vehicles and its charging system. San Francisco-based Ecotality (Nasdaq: ECTY), which has its major operations in Phoenix, reported the profit of about 4 cents per share on revenue of $13.7 million in the first quarter that ended March 31. That compared with a loss of $6.8 million on revenue of $4.3 million for the same quarter last year. Company officials...
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Rule to limit foreign currency loans - Viet Name News

21 May 2012 at 8:38pm  The restriction would be aimed at enabling the State to maintain stricter controls over foreign exchange, State Bank Governor Nguyen Van Binh said in a statement sent to the Prime Minister. It would help gradually limit the use of foreign currency ...

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Man stabbed in the chest in Schaumburg - Arlington Heights Daily Herald

21 May 2012 at 8:02pm  Schaumburg police are searching for a suspect who stabbed a Schaumburg man outside a currency exchange early Monday evening. Two men, who are both residents of Schaumburg, got in an altercation inside a currency exchange near the intersection of ...

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Deutsche Bank AG : Parallel Currency Could Emerge In Greece - Deutsche Bank -...

21 May 2012 at 3:09pm  This would allow Greece to devalue its exchange rate without formally exiting the currency union. At 0829 GMT, the euro was trading at $1.2779 against the dollar.

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