Ken flagg's Blog Posts Tagged 'and' (110)

as finance ministers and central bank governors from the world’s leading economies agreed to coordinate their response to Europe’s financial crisis and U.S. and Australian economic data topped estimates.

Westfield Group (WDC), the world’s biggest shopping center operator by assets, advanced 2.8 percent in Sydney as Australia’s economy expanded last quarter at more than twice the pace…

European Markets Closing Prices

European markets are now closed; stock markets across Europe performed as follows:

UK's FTSE: -2.0%

Germany's DAX: -1.9%

France's CAC: -2.3%

Spain's IBEX: -2.6%…

antitrust investigation regarding recent Debit pricing strategy fokkowing Durbin Act (122.19 ) -Update-

On March 13, 2012, the Antitrust Division of the United States Department of Justice issued a Civil Investigative Demand, or "CID," to Visa Inc. seeking documents and information regarding a potential violation of Section 1 or 2 of the Sherman Act. The CID focuses on PIN-Authenticated Visa Debit and Visa's…

 that will extend the current 28-day sales-only window to 56 days for Theatrical New Release and made-for-video titles on DVD and Blu-ray Disc (95.54 -2.64)

 "Since we implemented a 28-day window for subscription and kiosk, we have seen very positive results with regard to our sell-through business," said Mark Horak, president, Warner Home Video North America. "One of the key initiatives for Warner Bros.…

New lows (864) out do new highs (6)

New 52 week highs for stocks include: BMY, OKS, PROV, QDEL, THS

New 52 week lows for stocks with highest intraday volume include: BAC, MU, AMD, AA, AMR, FCX, RF, ALU, VALE, MGM, CX, GLW, FTR, PBR, AMAT, XRX, RIMM, SLB, ACI, IPG, STT, DOW, LUV, BK, THC, STX, JNPR, WFT, X, POT, MOS, ANR, AKS, BSBR, CAT, SU, PCX, JDSU, ESRX, BTU, DD,…

 CRB (-1.58%) posts moderate losses with most segments falling in 'risk off' trade; Natural gas futures (UNG) see modest bid; Gold futures (GLD) see sharp intraday reversal

Gold futures (GLD, IAU) print new record highs @ $1,923 oz. overnight, post sharp intraday reversal into negative territory in recent trade.

Natural gas futures (UNG) see a bid as weather forecasts…

 CRB (-0.45%) posts marginal declines even as most components trade lower on the day; Slight bid in RBOB proxy (UGA); Precious metals (GLD, SLV) see day two of aggressive long-liquidation; Front-month GC Z1 posts declines of 100 handles

CRB Index @ 332.93 -1.50                         

Precious metals see a 2nd straight session of long-liquidation as global financial…

In Energy: Crude oil traded between approx. $86-89 from the beginning of Monday's pit trading session through the overnight session on Wednesday/Thursday. During that overnight session, crude lost steam around the $87 level and went on downtrend until hitting lows for the week at $79.19/barrel, which occurred about 24 hours later during the Thursday/Friday overnight session. By the end of the week, crude finished about 3.7% lower.…

Macau Gaming Inspection and Coordination Bureau reports July gross rev +48.4% YoY to 24.21 bln patacas (~$3.0 bln, just shy of May's all-time monthly high of 24.3 bln patacas), vs. +70% in July 2010; Macau Gaming rev is now +45% YTD.

Today's movement came from lower than avg. volume (738 mln, vs. 958 mln avg; 1630 mln, vs. 1818 avg), with decliners outpacing advancers (NYSE 1400/1546 Nasdaq 1273/1306), and with new highs outpacing new lows (NYSE new highs/new lows 103/24 and NASDAQ new highs/new lows 79/23).

ETF relative strength: sugar futures- SGG +5.5%, uranium & nuclear energy- URA +4.8%, NLR +2.7%, semis- XSD +3.1%, SOXX +2.4%, SMH…

The USDA released its July WASDE report, which showed that U.S. ending corn stocks rose to 870 mln bushels, up from 695 mln. This is a result of the increase in acres planted to 92.3 mln acres from 90.7 mln in the June report. However, it was known that acres planted would increase because the 90.7 mln estimate was already raised in the June 30 acreage report to 92.3 mln. Overall, this leaves total expected supply for the 2011/12 season at 14,370 mln. On the…

On Thursday retailers are expected to report Same Store Sales for June (ZUMZ and HOTT will report June comps after the close today; teen retailers ARO, AEO and ANF are no longer reporting monthly sales).

Summer temps and promotional activity have been heating up and are expected to push sales higher this month. Concerns over the extent of clearance activity in the latter portion of the month could limit upside…

 challenging the morning lows here near $134.00 (133.95 +4.57)

          Mario Marciano supper Mathematical Genius has developed a system that thinks before the flash traders, supper computers, electronic systems,  the SMF system thinks before all other systems being used even the NYSE can not even keep up with there systems and has lost order flow,  …

 That has the major equity averages sporting gains in excess of 1%... News that China's PPI increased by 6.8% in May, as it did for the same period one year ago, and its CPI increased by a relatively in-line 5.5% were considered positives. The country also posted strong industrial production and retail sales figures, which were generally consistent with what was reported the year before. The decision by the country's central bank to raise the reserve requirement…