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• Citi Dividend Credit Card – Get $150 Bonus Cash Back Here!
• The Greek Drama Unfolds
• Stock Market News Briefs: AngioDynamics, Ceradyne, General Mills, Hospitality Properites Trust, Johnson & Johnson, Kellogg Company, Myriad Genetics, Owens-Illinois, Scotts Miracle-Gro Company
• Merge Issues Senior Notes
• Swiss Franc: The Downside Prevails
• Japanese Yen: Under Pressure
• British Pound: Under Pressure
• Euro: Under Pressure
• Kona Grill’s CFO Resigns
• Nucor Projects Positive 2Q Earnings
• Pall’s BioPharma Innovation
• Forex – EUR/CHF Pulls Back From Record Low After U.S. Data
• US Jobless Claims, Housing Figures Better Than Anticipated
• Markets In Everything: Handwritten Obama Letters
• U.S. Q1 Current Account Deficit Widens Less-than-expected
• U.S. Building Permits Rise Unexpectedly In May
• U.S. Initial Jobless Claims Fall More-than-expected
• EUR/CHF Hammers Out New Lows And Targets 1.1840
• U.S. Stock Futures Pare Losses After Upbeat Data; Dow Sheds 0.3%
• Is DISH Network Transforming
• RIO Speeds Up Pilbara Expansion
• Forex Trading: GBPUSD Breaks Trendline Support Before US Data
• GBP/USD Continues Decline After Disappointing Retail Sales; Testing Triangle Support
• Forex Trading: EURUSD Awaits US Data And Perhaps Some Relief In A Bearish Market
• Greece Continues To Roil Markets, While ECB’s Wellink’s Comments And Ireland Pressure EUR
• Forex Trading: AUDUSD Moves Below 38.2% Fibo Retracement At 1.0511. NZDUSD Also Pressured
• Forex – Dollar Gains Broadly Amid Greece Contagion Fears
• Forex – GBP/USD Extends Losses After Fall In U.K. Retail Sales
• Forex – EUR/USD Extends Losses As Greece Concerns Intensify
• Cotton Plunges To 6-month Low Amid Increased Risk Aversion

Citi Dividend Credit Card – Get $150 Bonus Cash Back Here! Posted: 16 Jun 2011 06:40 AM PDT Citi (NYSE:C) has now launched a new time-limited offer for its Citi Dividend Card with a $150 bonus cash back for readers of DailyMarkets.com. I must say that with its recent pumped-up card rewards, Citi is indeed making an effort to ramp up its credit card offers for borrowers with good to excellent credit score. This Citi Dividend Platinum Select MasterCard – $150 Bonus Cash Back will give new sign-ups a $150 cash back when you spend $500 in purchases for the first 3 months of card … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Greek Drama Unfolds Posted: 16 Jun 2011 06:31 AM PDT While Greece continues to dominate the headlines and market sentiment, the news flow on the U.S. economic front was quite favorable this morning. I would expect today’s favorable economic news to offset the Greek worries and limit further stock market losses. Weekly Jobless Claims fell greater than expected last week and we got some good news on the housing front as well, with Housing Starts and Permits coming in better than expected. Greece was bailed out last year, as were Ireland and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Market News Briefs: AngioDynamics, Ceradyne, General Mills, Hospitality Properites Trust, Johnson & Johnson, Kellogg Company, Myriad Genetics, Owens-Illinois, Scotts Miracle-Gro Company Posted: 16 Jun 2011 06:31 AM PDT     Share prices of Scotts Miracle-Gro Company (NYSE:SMG) dipped 6.02% after the company reduced its earnings estimate for the fiscal year 2011     Shares of Owens-Illinois (NYSE:OI) dropped 13.54% to close at $25.54 after the company said its second quarter earnings figures could fall due to a jump in manufacturing and delivery expenses     Johnson & Johnson (NYSE:JNJ) is reportedly pulling out of the drug-coated heart stent market because of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Merge Issues Senior Notes Posted: 16 Jun 2011 06:31 AM PDT Healthcare information software solutions provider, Merge Healthcare (NASDAQ:MRGE) recently announced a private offering of $52 million of 11.75% senior secured notes. The issue price is 103% of the principal amount of the notes, which will mature in 2015. The offer closes on June 14, 2011. Merge offered the notes in two forms. First, as additional debt securities under an indenture pursuant to which Merge earlier issued $200 million of Senior Secured Notes (due in 2015). Second, as supplemented by … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Swiss Franc: The Downside Prevails Posted: 16 Jun 2011 06:16 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Japanese Yen: Under Pressure Posted: 16 Jun 2011 06:16 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

British Pound: Under Pressure Posted: 16 Jun 2011 06:16 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Euro: Under Pressure Posted: 16 Jun 2011 06:16 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Kona Grill’s CFO Resigns Posted: 16 Jun 2011 06:12 AM PDT Scottsdale-based Kona Grill, Inc (NASDAQ:KONA) recently announced that its Chief Financial Officer (CFO) and President Marc A. Buehler has resigned to pursue other opportunities. Buehler joined the American grill and sushi bar company as the CFO and President in November 2009 and took all possible measures to improve the company's top line and narrow down the loss. However, during his tenure, the company posted a profit only once. Until a permanent CFO is selected, Kona Grill has decided that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Nucor Projects Positive 2Q Earnings Posted: 16 Jun 2011 06:06 AM PDT Nucor Corporation (NYSE:NUE) expects its second-quarter 2011 earnings to range between 75 and 80 cents per diluted share, up from 29 cents per diluted share a year ago, driven by improvement in demand in several key industrial sectors. This represents a growth of 160% to 180% year over year. Projected second-quarter results include an estimated inventory charge of $31 million, or 6 cents per share. Earlier in April 2011, Nucor reported a stupendous increase in profit to $190.8 million or 56 cents … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Pall’s BioPharma Innovation Posted: 16 Jun 2011 06:06 AM PDT Pall Corporation (NYSE:PLL) introduced a new single use mixer for biopharmaceutical applications from pilot scale to full production mixing. The new product, known as the Pall Allegro™ 200L Single-Use Mixer, will be used for high-performance mixing. The new introduction expanded Pall's portfolio of Pall Allegro single-use solutions and services and developed the competence of critical mixing processes throughout the drug production cycle. The 200L mixer is used to mix a wide range of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/CHF Pulls Back From Record Low After U.S. Data Posted: 16 Jun 2011 06:01 AM PDT Forex Pros – The euro trimmed losses against the Swiss franc on Thursday, pulling away from the record low as risk aversion eased after data showed that U.S. housing starts and initial jobless claims came in better-than-expected. EUR/CHF pulled back from 1.1945, the pair’s all-time low, to hit 0.8497 during European afternoon trade, still down 0.34% on the day. The pair was likely to find short-term support at 1.1900 and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

US Jobless Claims, Housing Figures Better Than Anticipated Posted: 16 Jun 2011 05:55 AM PDT Data today showed some positive signs for the US though it likely wont be enough to shed the sense of risk aversion we have seen today and tomorrow. Jobless claims came in better than expected declining 16K to 414K in the week ending June 11th from an upwardly revised 430K the previous week. Expectations had been for a smaller decline of 7K. var div = jQuery(“”).css({ width: 670, height: 300 }) .insertAfter(‘:last’) .indicatorChart({ ‘indicator’: ’145′, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Markets In Everything: Handwritten Obama Letters Posted: 16 Jun 2011 05:52 AM PDT Yahoo! News — “Destiny Mathis, a young woman in Indiana, reached out to President Obama for a sign of hope in tough economic times, and was initially thrilled to receive a handwritten reply from the president. Now, however, the same economic hardships that prompted her to write to Obama last November have prompted her to put up the letter for sale on the Moments in Time auction website for $11,000–marking the ninth such sale of an Obama letter that the online auction service has … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Q1 Current Account Deficit Widens Less-than-expected Posted: 16 Jun 2011 05:51 AM PDT Forex Pros – The U.S. current account deficit widened less-than-expected in the first quarter of 2011, official data showed on Thursday. In a report, the U.S. Bureau of Economic Analysis said the country’s current account deficit widened to a seasonally adjusted USD119.0 billion in the three months to March, compared to a deficit of USD112.0 billion in the previous quarter, whose figure was revised from a deficit of USD113.0 billion. visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Building Permits Rise Unexpectedly In May Posted: 16 Jun 2011 05:48 AM PDT Forex Pros – The number of building permits issued in the U.S. rose unexpectedly in May, official data showed on Thursday. In a report, the U.S. Census Bureau said the number of building permits issued in May jumped 8.7% to a seasonally adjusted 0.61 million, up from 0.56 million in April, whose figure was revised up from 0.55 million.  Analysts had expected building permits to decline 1.0% to 0.55 million in May. visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Initial Jobless Claims Fall More-than-expected Posted: 16 Jun 2011 05:41 AM PDT Forex Pros – The number of people who filed for unemployment assistance in the U.S. last week fell more-than-expected, official data showed on Thursday. In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending June 10 fell by 16K to a seasonally adjusted 414K from 430K in the preceding week, whose figure was revised up from 427K. Analysts had expected initial jobless claims to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/CHF Hammers Out New Lows And Targets 1.1840 Posted: 16 Jun 2011 05:40 AM PDT EUR/CHF Hits Fresh Record Low as the Standoff Between ECB and Germany Continues (6/13) EUR/CHF Short-term to Medium-term- The EUR/CHF hammered out new lows today hitting the 1.1950, 150% extended fibonacci retracement target. This was also a swing projection suggested by a negative reversal signal in the 4H chart. - The RSI remains below 60, maintaining bearish momentum. - The daily chart shows a precipitous decline since 1.32 area, and the market is still reaching lower. The 1.1840 level is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Stock Futures Pare Losses After Upbeat Data; Dow Sheds 0.3% Posted: 16 Jun 2011 05:40 AM PDT Forex Pros – U.S. stock futures pointed to a lower open on Thursday, tracking losses in global equities amid mounting fears over Greece’s debt crisis, while markets digested weekly data on first-time jobless claims and a report on housing starts.    Dow Jones Industrial Average futures pointed to a drop of 0.3%, the S&P 500 futures shed 0.27%, while Nasdaq 100 futures indicated a decline of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Is DISH Network Transforming Posted: 16 Jun 2011 05:25 AM PDT DISH Network Corp. (NASDAQ:DISH), the second largest satellite TV operator in the U.S., is trying hard to be storage medium for the valuable wireless spectrum that can be used to grow a viable pay-TV distribution network or can transform the company to a wireless service provider. Recently, DISH Network has made a cash offer of $1.375 billion for bankrupt telecom operator TerreStar Networks Inc. The most interesting fact about TerreStar is that it offers wireless communications over a satellite … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

RIO Speeds Up Pilbara Expansion Posted: 16 Jun 2011 05:25 AM PDT Rio Tinto Plc (NYSE:RIO) plans to accelerate its $14.8 billion Pilbara iron ore expansion project in Western Australia, expanding its iron ore production capacity, in order to reach 333 million tonnes a year by the first half of 2015. The mining giant began implementation of its Pilbara expansion plan in 2010. Presently, the company aims to lift the capacity by 50%, six months ahead of its previous target. On the backdrop of a strong iron ore demand fueled by worldwide industrial expansion, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: GBPUSD Breaks Trendline Support Before US Data Posted: 16 Jun 2011 05:21 AM PDT The GBPUSD has fallen through support at the 1.6103 area on the daily chart.  This was channel support for the pair that has been tested a few three times over the last few months. Staying below this level should keep pressure on the pair. The 5 minute chart is also showing it's bearish bias. Support target on it shows the next downside target at 1.6059. On the topside the 1.6112 is current trendline resistance on that chart and moving lower.  Keep track of the clues from the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Continues Decline After Disappointing Retail Sales; Testing Triangle Support Posted: 16 Jun 2011 05:18 AM PDT GBP/USD Rallies Sharply After Completing a Gartley Retracement Pattern (6/13) GBP/USD Short-Term to Medium-Term- The GBP/USD has been sliding in a wave of greenback strength. - After a quick pause shown by the doji candle in the European session, the market continued the downtrend after poor  UK retail sales came out. - The worse than expected drop continues to pressure the sterling, and the GBP/USD is now testing a projected triangle support seen in the daily chart. - The candles … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Awaits US Data And Perhaps Some Relief In A Bearish Market Posted: 16 Jun 2011 05:15 AM PDT The situation in Greece is fluid and continues to dominate trading.  However, with the US Initial Claims due out along with Philly Fed later, the market is pausing a little as weak US data has (at least temporarily) gave reason to pause too much EURO negativity. From a technical perspective the price is in between trendline support and resistance on the hourly chart with the bias still to the downside.  Tight resistance comes against the topside trendline at the 1.4118 level … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Greece Continues To Roil Markets, While ECB’s Wellink’s Comments And Ireland Pressure EUR Posted: 16 Jun 2011 05:02 AM PDT The situation in Greece seems to have taken a definite turn for the worst as rioting in the country to protest austerity measures was followed up by the Greek Prime Minister shuffling his Cabinet and looking to call for a vote of confidence in Parliament. That vote is likely to come on the evening of June 19th. A failure would create much uncertainty and put in danger the passage of budget cuts and asset sales needed to secure further aid money. There is growing concern that the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: AUDUSD Moves Below 38.2% Fibo Retracement At 1.0511. NZDUSD Also Pressured Posted: 16 Jun 2011 04:53 AM PDT The AUDUSD is moving below the 38.2% retracement at the 1.0511 level as the market liquidates the risk currency pairs.  If the Greece situation escalates further it threatens growth prospects globally and that should be a negative for the risk pairs like AUDUSD and also NZDUSD.  That pair is also under pressure as it moves toward its key support at the 0.7963-75 (Fibo and old high from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Gains Broadly Amid Greece Contagion Fears Posted: 16 Jun 2011 04:53 AM PDT Forex Pros – The U.S. dollar was broadly higher against its major counterparts on Thursday, amid concerns that Greece’s sovereign debt crisis will spread to other peripheral euro zone member states. During European afternoon trade, the greenback was up against the euro, with EUR/USD shedding 0.53% to hit 1.4103. Earlier in the day, European Central Bank Governing Council member Nout Wellink said that the European bailout fund should be doubled if … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Extends Losses After Fall In U.K. Retail Sales Posted: 16 Jun 2011 04:36 AM PDT Forex Pros – The pound extended losses against the U.S. dollar on Thursday, following official data showing that retail sales in the U.K. fell more than twice as fast as expected in May, more than reversing the previous month’s gains. GBP/USD hit 1.6099 during European afternoon trade, the pair’s lowest since May 24; the pair subsequently consolidated at 1.6109, shedding 0.50%. Cable was likely to find short-term support at 1.6056, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Extends Losses As Greece Concerns Intensify Posted: 16 Jun 2011 04:06 AM PDT Forex Pros – The euro extended losses against the U.S. dollar on Thursday, as comments by a member of the European Central Bank’s governing council sparked fears of debt contagion among peripheral euro zone members. EUR/USD hit 1.4074 during European early afternoon trade, the pair’s lowest since May 26; the pair subsequently consolidated at 1.4121 shedding 0.41%. The pair was likely to find support at 1.4001, the low of May 24 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Cotton Plunges To 6-month Low Amid Increased Risk Aversion Posted: 16 Jun 2011 03:39 AM PDT Forex Pros – Cotton futures plunged to a six-month low on Thursday, as a combination of a broadly stronger U.S. dollar and concerns over a slowdown in Chinese demand weighed on prices.     On the ICE Futures U.S. Exchange, cotton futures for October delivery traded at USD1.3003 a pound during European morning trade, plunging 3.87%.  It earlier fell to USD1.3000 a pound, the lowest price since December 9, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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