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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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Wednesday Sector Leaders: Water Utilities, Apparel Stores
by MarketNewsVideo
23 May 2012 at 9:24am
In trading on Wednesday, water utilities shares were relative leaders, about flat on the day. Leading the group were shares of Consolidated Water (CWCO), up about 1.4% and shares of American States Water (AWR) up about 0.8% on the day.
Wednesday Sector Laggards: Shipping, Non-Precious Metals & Non-Metallic Minin...
by MarketNewsVideo
23 May 2012 at 9:23am
In trading on Wednesday, shipping shares were relative laggards, down on the day by about 2.9%. Helping drag down the group were shares of Eagle Bulk

Banishing Facebook's Eduardo Saverin Harms U.S. More
by Jon Matonis
23 May 2012 at 8:55am
Yes, the Facebook IPO was noteworthy. But just as noteworthy was the decision by Eduardo Saverin to renounce his U.S. citizenship on the eve of the historic IPO and become a permanent resident of Singapore, where there is no capital gains tax. He is already a citizen of Brazil but they don't tax non-resident income like the United States.

The Great Recession's 25 Biggest Bankruptcies
by Investopedia
23 May 2012 at 8:33am
The Great Recession, triggered when the subprime mortgage market collapsed and pricked the housing bubble, sparked a wave of bankruptcies, including some bigger than U.S. courts had ever seen. These were the biggest from the December 2007 start of the recession ? according to the National Bureau of Economic Research ? to today. (All data courtesy of Bankruptcydata.com.)

4 TARP Recipients That Made A Profit
by Investopedia
23 May 2012 at 8:33am
You might remember the Troubled Asset Relief Program, well known as TARP, but in case the terrifying days of the 2008 and 2009 Great Recession are no longer fresh in your mind, let's take a look back. In 2008, we had all been introduced to financial terms that were once foreign to us. The average consumer knew nothing of subprime mortgages,mortgage backed securities or toxic assets, and they didn't realize that the housing market had ballooned to valuations unsustainable.

Reader Story: How I Use Superfrugality Month to Curb Lifestyle Inflation
by J.D. Roth
23 May 2012 at 8:24am
 

5 Easy Ways To Fight The Urge To Splurge
by J.D. Roth
23 May 2012 at 8:24am
Zale Announces Earnings
by MarketNewsVideo
23 May 2012 at 6:29am
Zale (ZLC) anounced that it lost $4.5 million, or 14 cents per share, in the most recent fiscal quarter, versus a loss of $9 million, or 28 cents per share, the same period last year. Revenue was $445.2 million, up from $411.8 million, in the same period last year. Analysts expected a loss of 16 cents per share on $433.9 of revenue.

Dionne Warwick Proves IRS Tax Liens Can Be Wrong
by Robert W. Wood
23 May 2012 at 4:02am
Do tax liens ever turn out to be wrong? In my experience rarely, and I?ve been a tax lawyer for over 30 years. But it does happen occasionally. Here's a great example. It concerns someone who knows a thing or two about tax liens: Dionne Warwick.

Ten Green Stocks I Told My Sister to Buy
by Tom Konrad
22 May 2012 at 11:29pm
Only green stocks (we're both environmentalists) Dividend paying income stocks, with the solid earnings and cash flow to back them up, and low levels of debt, or Stocks trading well below their intrinsic value. AMRC WM ABB Waterfurnace New Flyer Industries Ameresco, Maxwell Technologies, Western Wind Energy, Kandi Technologies
Something To Watch Out For If You Have Investment Interest Expense - Possible...
by Peter J Reilly
22 May 2012 at 8:53pm
Interest expense may or may not be deductible. Generally speaking, whether you can deduct interest, how you can deduct it and in what year you can deduct it is determined by how you spent the money that you borrowed. One category of potentially deductible interest is investment interest. A common way to get investment interest is to buy stocks on margin. Investment interest expense is deductible in a given year to the extent of "investment income". Investment interest expense that exceeds "investment income" is carried forward indefinitely.

Mayan Doom Or Time To Buy?
by Joel Shulman
22 May 2012 at 6:07pm
According to ancient Mayan prognosticators our world should be coming to an end sometime around Christmas.  If you?re sitting in Greece or JP Morgan?s bond-lending group, the end might seem like it?s already here. And off the Peruvian coast, wildlife is literally dropping from the sky.  With global stocks plummeting on any type of news, it?s beginning to feel like the Mayan meteor strike is right on schedule.  From an investment standpoint it raises the obvious question:  Is this the time to buy?

Good Jobs: Why Innovation, Location And Education Matter Most
by Troy Onink
22 May 2012 at 4:27pm
A new book was released today by University of California at Berkeley Economics Professor and Fulbright Fellow, Enrico Bonetti, titled The New Geography Of Jobs. This young economist's research has some surprising news about jobs, and it starts with where we live.

The New Geography Of Jobs
by Troy Onink
22 May 2012 at 4:27pm
In terms of salary, where you live may matter more than your resume, but living in metropolitan areas where there are high concentrations of college educated workers is what will push your pay higher.
The Number 1 Reason for College Debt That No One Talks About
by Ellen Dorle
22 May 2012 at 3:36pm
This year there are more articles on the crushing impact of student debt on college graduates. In hind sight, who would agree to a 6 figure debt balance with potentially no job in sight?  So why do students and their parents continue to rack up more debt?  I hear it when I
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