July 21, 2011Given the large economic/news events playing out at the moment, it’s little surprise that the Cross-Market (Inter-market) landscape has taken on a pause or consolidation phase at the moment. With the US Debt Ceiling and European Debt Situation coming to a resolution soon, the inter-market structure has currently balanced at value or “pause” areas that [...]
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July 19, 2011Forexpros – U.S. stocks were mixed after the closing bell on Friday. At the close of U.S. trade, the Dow Jones Industrial Average fell 0.27%, the S&P 500 index gained 0.14%, while the Nasdaq 100 index climbed 1.05%. Meanwhile, across the Atlantic, European stock markets closed higher. France’s CAC 40 was up 0.68%; Germany’s DAX [...]
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July 19, 2011Baxter International (NYSE:BAX) is slated to report its second-quarter 2011 results on Thursday, July 21. The current Zacks Consensus Estimate for the quarter is $1.02, representing an estimated 9.74% annualized increase. First Quarter Recap Baxter reported first quarter adjusted (excluding one-time items) earnings per share of 98 cents, beating the Zacks Consensus Estimate of 93 [...]
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July 19, 2011Worlds largest publicly traded oil company ExxonMobil Corporation (NYSE:XOM) is in search of partners for a coalbed-methane project in Kalimantan, Indonesia. Coalbed methane is a form of natural gas extracted from coal beds. ExxonMobil is offering 50% of its working interest in three blocks where initial drilling results have been encouraging. ExxonMobil holds a 49% [...]
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July 18, 2011The USD continued to trade lower, while the CHF extended gains vs. the EUR. Debt talks in the US and Euro-zone will remain in focus.
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