Archive | April, 2010
No Credit Risk in Forex
The risks in trading forex are manifold. There is interest rate risk (the possibility that interest rates could change adversely), country risk (that a political, economic, or monetary crisis could adversely affect the dynamics of a country’s currency), and obviously there is exchange rate risk (that exchange rates can and often do fluctuate adversely). However, [...]
Continue reading...Guest Article: U.S. Housing Data Spurs Late Gains in Oil Prices after Mixed Week
27 April 2010 – 9:21 am PDT
Comments Off
OilPrice.com Oil Market Summary for 04/19/2010 to 04/23/2010After languishing most of the week, crude oil prices galloped to the finish line on Friday, tacking on 1.7% and recouping most of last week’s losses as positive new-housing sale data spurred most markets forward. The decision by the Greek government on Friday to activate a bailout plan [...]
Continue reading...Citigroup Removes Veeco Instruments (VECO) From Top Picks List, But Maintains Buy
27 April 2010 – 9:20 am PDT
Comments Off
As I mentioned last night, Veeco (VECO) reported earnings about inline, but their guidance was extraordinary and it led to a decent gap up open in the stock this morning, despite being way overextended. However, it’s giving it all back due to overall market weakness, profit taking and news that Citigroup has removed the stock [...]
Continue reading...Crude Oil Falls the Most in a Week as Equities Decline, Dollar Strengthens
27 April 2010 – 9:15 am PDT
Comments Off
Crude Oil fell the most in more than a week as global equities declined and the dollar advanced on skepticism European governments will approve the Greek bailout plan quickly enough to help the country avoid default. Oil lost 1.4 percent after Greece’s largest union said it will stage a strike for a day next month [...]
Continue reading...MBtech Highlighting New 4-Cylinder, 6-Liter Natural Gas Engine at Vienna Engine Symposium
27 April 2010 – 9:15 am PDT
Comments Off
At the 31st Vienna Engine Symposium this week, MBtech will showcase an innovation project consisting of a 4-cylinder, 6-liter natural gas combustion engine for medium-duty commercial vehicles. The engine is being developed to be considerably more compact and lighter than current 6-cylinder medium-duty engines while also offering significant advantages with regard to mechanical friction loss. [...]
Continue reading...An Initial Assessment of Open Government Plans
27 April 2010 – 9:12 am PDT
Comments Off
As part of the ongoing implementation of the Open Government Plans, we have asked the Cabinet departments and other major agencies to work with us to evaluate version 1.0 of their Plans (or recent revisions) against the requirements of the Open Government Directive. The assessments show that we are off to a good start–but have [...]
Continue reading...Green IPO Watch at Renewableenergystocks.com; Biofuel Company Codexis, Inc. (Nasdaq: CDXS) Now Trading NASDAQ
27 April 2010 – 8:55 am PDT
Comments Off
Green IPO Watch at Renewableenergystocks.com; Biofuel Company Codexis, Inc. (Nasdaq: CDXS) Now Trading NASDAQ Delta BC– April 27 2010 – www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within www.Investorideas.com, reports Codexis, Inc. (Nasdaq: CDXS) commenced trading on The NASDAQ Stock Market April 22.. Codexis, Inc., trading under the ticker [...]
Continue reading...What Should Life Insurance Cover?
27 April 2010 – 8:49 am PDT
Comments Off
The book The Financial Crossroads lists all the costs life insurance should cover (which helps you determine how much life insurance you need.) Here’s their list of the expenses that should be covered by life insurance: Final expenses — costs that one will incur to make viewing, funeral, and burial arrangements. Payment of debts and [...]
Continue reading...GM to Invest $890m in New Fuel-Efficient Engines
27 April 2010 – 8:35 am PDT
Comments Off
GM will invest $400 million at its plant in Tonawanda, New York; $235 million at St. Catharines, Ontario; $115 million at Defiance, Ohio; $111 million at Bedford, Indiana; and $32 million at Bay City, Michigan. The spending, which has been in the works for a long time, will help GM meet government fuel economy standards [...]
Continue reading...S&P/Case-Shiller: February 2010
27 April 2010 – 8:32 am PDT
Comments Off
Today’s release of the S&P/Case-Shiller (CSI) home price indices for Fenruary 2010 (browse the dashboard) reported that the non-seasonally adjusted Composite-10 price index declined 0.64% since January further indicating that the government sponsored housing bounce seen last year continues to erode. On a year-over-year basis though, the Composite-10 index now shows the first increase in [...]
Continue reading...
27 April 2010 – 9:35 am PDT
Comments Off