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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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Amazon: If Valuation Makes You Light-Headed, Look at Execution
by Darcy Travlos
23 May 2012 at 3:30pm
Amazon.  The division between the Amazon bulls and Amazon bears is and has been a religious debate for years.  The stock price can hardly be justified on valuation but it can be justified on its track record of execution, particularly when compared to many of the newly-minted ?hot? tech companies.  Amazon went public in May 1997 and has since returned over 12,000% to shareholders.  And Apple, an investment darling, over the same period has returned 13,000% to shareholders.   Google has relatively flat-lined.  What can be expected to justify Amazon?s stock price going forward?
Daily Wrap: 5/23/2012
by MarketNewsVideo
23 May 2012 at 2:55pm
Concerns over troubles in Greece and the country's possible exit from the euro zone, sent the markets lower today.
Daily Dividend Report: KFT, MRK, C, WRB, DCI
by MarketNewsVideo
23 May 2012 at 2:50pm
Kraft Foods Incorporated (KFT) maintained its quarterly dividend of 29 cents per share. This dividend is payable on July 16, to stockholders of record as of June 29.
Analyst Moves: AAPL, DELL
by MarketNewsVideo
23 May 2012 at 2:32pm
Apple (AAPL) today had its estimates and price target lowered by Oppenheimber (OPY) to $680 due to an inconsistent news flow. An outperform rating was issued.
Analyst Moves: SBUX, NDSN
by MarketNewsVideo
23 May 2012 at 2:26pm
Starbucks (SBUX) was upgraded today by Bank of America/Merrill Lynch (BAC) to buy from neutral, as the recent pullback represents a buying opportunity. A $68 price target was issued on the stock.

Banishing Facebook's Eduardo Saverin Harms U.S. More
by Jon Matonis
23 May 2012 at 12:20pm
U.S. Senators Chuck Schumer and Bob Casey 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

Engaging Employees Through Their Dreams
by Barry Glassman
23 May 2012 at 11:51am
I recently read an article in Forbes that featured a small business owner complaining that he couldn?t find enough part-time workers. Apparently, in some industries there are enough full-time jobs to go around these days that people can actually choose who they work for. That?s a sign that there?s some credibility behind the overall trend in positive employment reports of late.
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

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.
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Foreign Currency Exchange At Post Office News


BRITONS CASH IN AS EURO'S WOES SEND THE STRONG POUND SOARING - express.co.uk

15 May 2012 at 5:18pm  Marks & Spencer or the Post Office are commission-free and offer competitive ... Peter O?Flanagan, head of foreign exchange trading at Clear Currency, said: ?A possible Greek exit from the eurozone wouldn?t happen overnight as there are legalities ...

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Currency exchange: how safe is your money? - Daily Telegraph

15 May 2012 at 2:16am  It runs the Post Office?s International Payments service ... moving abroad and needing to buy a property in the local currency - use these companies to get the best deal for their foreign exchange. We asked a number of expatriates for their experience ...

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Find The Best Foreign Currency Exchange Rates Online - PR Inside

11 May 2012 at 4:01am  make sure you get the most for your money by comparing exchange rates online. The traditional way to acquire foreign currency is to go to a post office?s bureau de change, where many types of currency are available. An alternative that has been available ...

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