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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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Alexander & Baldwin Maui project wins land reclassification
23 May 2012 at 10:49am
The Hawaii Land Use Commission has approved a plan to reclassify some 545 acres of land in Central Maui for A&B Properties' Waiale master-planned subdivision. The Maui News reports the project will now go before the Maui Planning Commission and Maui County Council for review, according to Grant Chun, vice president of A&B Properties, the real estate arm of Honolulu-based Alexander & Baldwin (NYSE: ALEX).
PRSA Tampa Bay to host conference in St. Petersburg
by Margaret Cashill
23 May 2012 at 10:47am
The Tampa Bay Chapter of the Public Relations Society of America will host the PRSA Sunshine District conference in St. Petersburg from June 21-23. ?Sunshine District 2012 Conference: Navigating New Channels? sessions are scheduled at the Poynter Institute in St. Petersburg and the Hilton St. Petersburg Bayfront Hotel. Roughly 100 communications professionals are expected to attend. Speakers include Allyson Park, vice president of corporate external affairs for the Coca-Cola Co. (NYSE: KO);...
Stephanie Foote named to head Girl Scouts
23 May 2012 at 10:46am
Girl Scouts of Colorado on Wednesday announced Stephanie Foote as its new president and CEO. Foote, who?s been leading the organization since January in a voluntary capacity as interim CEO, succeeds Megan Ferland. Ferland resigned in November after more than two years to become president and CEO of Seattle-based Girl Scouts of Western Washington. Foote served as chair of the group?s board of directors from 2007 until this year. She?s the current chair of the Rose Community Foundation board. Foote...
Ambient Technologies wins White House honor
23 May 2012 at 10:45am
U.S. Department of Commerce Secretary John Bryson honored Ambient Technologies in St. Petersburg with the Presidential ?E? Award for Exports. The awards are the highest recognition any U.S. entity may receive for making a significant contribution to the expansion of U.S. exports, a written statement said. ?Over the past six years, particularly with our work on the Panama Canal expansion, export sales grew and enabled us to sustain jobs and add several additional employees for a total of 50,?...
Wichita Eagle parent McClatchy to begin rolling out website paywalls
by Nick Jungman
23 May 2012 at 10:45am
The media news blogger Jim Romenesko is reporting that The McClatchy Co., owner of The Wichita Eagle and The Kansas City Star, will begin rolling out paywalls on more of its newspaper websites in the next 60 days. Romenesko posted a confidential memo from Anders Gyllenhaal, McClatchy?s vice president for news, detailing some of the plans. It appears The Eagle and The Star will not be in the first wave of publications to move to the pay model. Gyllenhaal?s memo indicates the initial rollout...
SunTrust named SBA Export Lender of the Year
23 May 2012 at 10:45am
The U.S. Small Business Administration named SunTrust Banks Inc. Export Lender of the year for making the most working capital loans to U.S. exporters in 2011. This is the third straight year the Atlanta-based bank (NYSE: STI) has received this honor. SunTrust?s SBA Export Working Capital program provides loans to small business exporters seeking short-term working capital to fund direct export costs. These loans can be used to finance foreign account receivables, purchase finished products for...
MIA to miss initial American rollout of 777-300 ERs
23 May 2012 at 10:42am
Miami International Airport will miss out on the initial American Airlines rollout of Boeing 777-300 ERs. On Dec. 13, the Dallas/Fort Worth-Sao Paulo route will be the first to feature the newest addition to American?s fleet. In February, the aircraft will fly to London Heathrow from both Dallas/Fort Worth and New York JFK. (The Business Journal has a call into the airline to see if a time has been set for the jets to debut at Miami International Airport, which is American's second-busiest hub...
Burns & McDonnell hires Talboy for government affairs
by Paul Koepp
23 May 2012 at 10:41am
Missouri House Minority Leader Mike Talboy has been hired by Burns & McDonnell as the Kansas City engineering firm?s director of government affairs. The Kansas City Democrat announced earlier this week that he would not seek a fourth term in the House. He starts at Burns & McDonnell on June 4 and will be the company?s liaison to local, state and federal officials. ?As we have grown, it has become increasingly obvious that we need to be more proactively engaged with the legislative process...
Arnold Palmer opens pediatric outpatient rehab center
by Abraham Aboraya
23 May 2012 at 10:38am
Arnold Palmer Hospital for Children has opened a 10,000-square-foot outpatient rehabilitation center, the hospital announced May 22. The facility houses more than 20 employees, including a pediatric physiatrist, six physical therapists, six occupational therapists, six speech-language pathologists, a lactation consultant and translators. The facility includes two waiting rooms, three gyms, a rock-climbing wall, and a wheelchair seating and positioning clinic. The clinic?s address is 925 South...
Park City issues $6.5M in IRBs for former Kansas Coliseum site
by Josh Heck
23 May 2012 at 10:38am
The former Kansas Coliseum north of Wichita is being transformed into an aerospace testing site, and Park City is stepping up to help. City leaders there on Tuesday approved $6.5 million in taxable industrial revenue bonds for the project, the Ark Valley News is reporting. That comes on the heels of the National Institute for Aviation Research?s finalization of a 10-year lease with developer Johnny Stevens to remodel the venue, which until 2010 served as a 10,000-seat sports and entertainment...
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