Surges

Monday morning in Asia, the Australian dollar traded higher against other major currencies as a gain in stock prices gave traders confidence to buy higher-yielding assets. The aussie surged to a 1-week high against the ...

Wall Street had another astounding advance Tuesday, with the Dow Jones industrials soaring nearly 900 points in their second-largest point gain ever as late-day bargain hunters stormed into the market. The Dow and the Standard & Poor's 500 index were each up nearly 11 percent.

NEW YORK (Reuters) - Stocks rose more than 10 percent on Tuesday, the second-biggest point gain ever for the Dow and S&P, after investors scooped up beaten-down shares on optimism that the U.S. Federal Reserve and other central banks will cut interest rates further.

Opera Software uncovers exponential growth in Africa’s mobile Web usage in its latest State of the Mobile Web report. Published today at , this September 2008 study focuses on the African continent, where Web browsing on the mobile phone far exceeds traditional desktop-computer surfing. According to the International Telecommunication Union (ITU), Africa’s

Singapore URA revenue from land sales surges 80% to $8.3b By ARTHUR SIM LAND sales revenue collected by the Urban Redevelopment Authority (URA) for the Singapore government reached $8.3 billion for FY07/08, up 80 per cent on the $4.6 billion collected during the property market peak of FY96/97. According to URA’s Annual Report FY07/08, development charge collected [...]

Ridgewood High School Ranks #7 in New Jersey Monthly’s List of NJ High Schools The death of the Ridgewood School System has been greatly exaggerated. Despite Math Wars and faculty changes, Ridgewood High School moved up 17 places on NJ Monthly’s 2008 list of top New Jersey High Schools.  Ridgewood residents are so focused, and rightfully

I can remember having a million dollar buyer in 1997. Every home we looked at we knew that if he didn't buy it probably no one else would that year. We knew we were the only buyer in existence in that price range at that time. Agents would bombard us after showings wanting to know feedback because we were their only showing in months...and there were not that many to even look at. I'm guessing li

Barrett Business Services (BBSI)  came in with better than expected numbers, prompting its stock to surge 39%.   The stock was down 40% for the year when I purchased it at the beginning of the month. At the time of purchase, BBSI was in the top 25 stocks with a minimum market cap of 50 million [...]

As McCain’s gaffes pile up, he can only flail and wail at Obama’s shining performance abroad John McCain will turn 72 the day after Sen. Barack Obama accepts his party’s nomination for president at the age of 47. McCain’s 72 years are clearly on display. In the last three weeks a seemingly forgetful and confused McCain has “gaffed” [...]

Protecting Against A Power Surge:Your computer is an expensive investment; you should protect it from a power surge. If a sudden rush of electricity hits, a surge protector will blow the fuse or trip the breaker, this is what saves your computer. You should be sure to use a surge protector with a phone jack to keep the phone line from being a way for the electricity to travel to your computer. You

Crude oil prices have surged to a record on further short term supply concerns. In New York NYMEX light crude has touched $141.71, while in London Brent crude surged to $141.98 per barrel. Added to the ongoing Middle East tension between Israel and Iran is the violence in Nigeria and now the Libyan announcement that it may cut its crude oil output. All these factors are adding uncertainty and w

Oil surged to a new record high on Monday of nearly $140 a barrel, propelled by weakness in the U.S. dollar which offset the bearish impact of plans by Saudi Arabia to boost output. U.S. light, sweet crude for July delivery was up $3.74 at $138.60 a barrel by 1317 GMT, after falling as much as [...]

Omaxe Limited surged by almost 7 percent today after the company announced the market that  it has bagged two orders worth Rs 1350 crore and 1500 crore through its newly formed wholly owned subsidiary Rohtas Holdings (Gulf) at Dubai, U.A.E. Market Price The current price of Rs 179.65 discounts its Q4 March 2008 annualised EPS of Rs 24.09, [...]

Santa Barbara, CA June 5, 2008 — RealtyStore (www.realtystore.com), the nation’s leading provider of foreclosure listings, released its quarterly Arizona Foreclosure Report. Declining home values, mounting inventory and slowing residential construction have led to skyrocketing foreclosure rates in Arizona. For Q1 2008, 1 out of every 80 Arizona households received an auction notice, al

Statistics showed that the trading value of bonds on the Hanoi Securities Trading Center (HASTC) increased sharply from 19 billion dong a session on average in 2006 to 257 billion dong a session in 2007. Especially, during the first five months of 2008, the figure jumped to 325 billion dong a session, in which that of... [[ This is a content summary only. Visit my website for full links, other co

The time had to come when the share of the Apple (AAPL) Mac OS would begin to spike. There are too many Macs being sold and the growth rate of the Apple... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

It seems that while we’ve been busy toiling the last couple of months on the development of our latest and greatest: the Real Estate Broker Blog 2.0, there have been a few significant updates that were worthy of mention, even if a tad belated. Not only have I accepted the invitation to participate on a panel at the much anticipated follow up to last year’s huge SF Bloggers Connect event, but i

Normally, computers would come with the standard uninterruptible power supply (UPS) and voltage regulator to safeguard the energy and current that flows into the computer. It is during power failures that a person must watch out for their computer. Automatic voltage regulators will safeguard your computer but during storms when lightning strikes, if you are [...]

Asia attractions - mytravelguide - reviews and research on all asia attractions, hotels, restaurants and more plan your next trip at mytravelguide. Travel tour information and homosexual lifestyle guides to bars, clubs, hotels, saunas, discos, and resources. Why i believe travelers and the tourism industry should avoid pata, the pacific asia travel association members and membership. Archive our f

1 oz of of gold buys the same amount of gas, bread, etc that it bought in 1950.The Bible records that fact that in ancient Babylon, 1 oz of gold bought abuot 350 loaves of bread. Tday, 1 oz of gold buys abuot 350 loaves of bread.read more | digg storyLiberty Central- Conservatism's Blog of Choice

Frenzied buying in late trade helped market snap its five-day slide. Firm European and Asian markets boosted the sentiment. The S&P CNX Nifty galloped past the 5,000 mark. The market was highly choppy today.The market, which had opened lower tracking weak US markets on Friday, 9 May 2008, accentuated fall in afternoon trade triggered by dismal industrial production data.In Europe, the key benchmar

Wall Street ended the week with a big decline as investors grappled with two of the biggest threats to the economy: fallout from turmoil in the credit market and surging energy prices. All three major indexes suffered losses for the week. Insurer American International Group Inc. helped send the Dow Jones industrial... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Reuters - Shares in British engineering software firm Flomerics Group surged on Friday after rejecting a buyout offer from larger U.S. rival Mentor Graphics, saying it would explore interest from several other parties.

TOKYO (AP) — Softbank Corp.’s net profit nearly quadrupled to a record high last fiscal year on the strength of its rapidly expanding mobile business, the technology and Internet company said Thursday. Softbank, which outpaced rivals in signing up new mobile phone subscribers, reported a group net profit of 108.62 billion yen ($1 billion; 650 million [...]

Apple Inc (AAPL) continued its winning streak into May after rising from $120 in March to $180 in May. It’s rare when we see a stock carve out the pattern Apple has, and so we need to look at this pattern to learn from it now. After plunging almost 50% in early 2008, price built [...]

Google Inc (GOOG) has been on a powerful move up, surging from $440 to $600 in less than a month.  Following the upside $80 gap recently, the stock has impressed investors by adding another $80 points since the gap.  But let’s look at the current action to see if this is sustainable. The price action has [...]

Ho Chi Minh City ’s export value soared 34.6% to 7.48 billion USD in the first four months of the year. The rise was mainly fueled by increases in earnings from garment and textile, which raked in 1.08 billion USD, up 15%; footwear; 457 million USD, up 9.1%; and wooden furniture, 151 million USD, up 42.3%. Crude oil remained the spearhead export line of the city as it brought home 3.48 billion

Ending the last trading session of April, the 1776th trading session of the Vietnamese stock market, the Ho Chi Minh City Stock Exchange (HOSE) kept its increasing impetus on the stock market as the VN Index rose 2.94 points or 0.56% to 522.36 pts with the total matching order trade of over 9.5 million shares and fund... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

CURRENCY TRADING SUMMARYU.S. Dollar Trading (USD) surged against the Euro on Thursday, the most it has risen against the Euro since December, as traders add to bets the Fed will cease their rate cutting stance to stimulate economic growth and ease the liquidity problems as affects from their previous rate cuts are now starting to be seen. Orders for U.S Durable Goods excluding transportation equipment increased more than forecast in March, indicating parts of the economy are weathering the housing slump. Jobless Claims came in ahead of the forecasted 375k, with 342k reported this week an improvement on last week’s 375k. New Homes for March came in at 526k, slightly down on the predicted 580k and down on the 575k for the month of February, indicating the housing sector in the U.S is still

Newmont Mining profit surges on rising gold prices By Shawn Langlois, MarketWatch Last Update: 11:34 AM ET Apr 24, 2008 SAN FRANCISCO (MarketWatch) — Newmont Mining Corp. on Thursday posted a fivefold surge in first-quarter profit on the back of surging gold prices and reduced costs. Shares of the Denver-based company (NEM), one of the biggest gold miners in the world, shed [...]

Nintendo Co.'s net profit surged 47.7 percent to a record high, powered by strong sales of software and accessories for its popular Wii video game console and brisk sales of its DS handheld devices.The Kyoto-based company reported a group net profit of 257.34 billion yen ($2.5 billion) for the March-April period compared with 174.29 billion yen a year earlier. Sales shot up 73 percent to 1.672

Nintendo Co.'s net profit surged 47.7 percent to a record high, powered by strong sales of software and accessories for its popular Wii video game console and brisk sales of its DS handheld devices.The Kyoto-based company reported a group net profit of 257.34 billion yen ($2.5 billion) for the March-April period compared with 174.29 billion yen a year earlier. Sales shot up 73 percent to 1.672

By Tom Miles HONG KONG, April 24 (Reuters) - Chinese share prices leapt and the dollar enjoyed a modest rebound on Thursday, giving Asian stocks a brief lift ahead of a slew of company earnings... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

CURRENCY TRADING SUMMARYU.S. Dollar Trading (USD) was again volatile on Thursday as it reached a new record low against the Euro before pairing back following Luxembourg Finance Minister Juncker’s comments suggesting financial markets have misunderstood the G7’s position on currency volatility, hinting that the major concern is perhaps not in U.S weakness, rather in Euro strength. He went to say the Euro’s recent advance against the dollar is not “desirable.” This triggered a knee-jerk reaction to buy back the dollar. U.S initial jobless claims rose by 17k to 372k, however this was slightly less than forecast. The four-week average of new jobless claims remained largely unchanged at 376k. The Federal Reserve Bank of Philadelphia’s general economic index fell to -24.9 for the mo

CURRENCY TRADING SUMMARYU.S. Dollar Trading (USD) surged on Tuesday following surprisingly strong economic data being released from the World’s biggest economy. New York Fed Manufacturing came in at 0.6 for the month of April, improving on March’s figure of -22.23 and vastly outstripping expectations of -17.5. Producer Price Index for the month of March also increased to 1.1%, improving on February’s figure of 0.3% and beating expectations of 0.6%. Furthermore, Capital Net Flows for the month of February surpassed expectations of $56.5 billion, coming in at $72.5 billion, up form $62 billion for the month of January. These results spelt good news for the dollar as it rose against all the major currencies overnight, trimming expectations of substantial monetary easing. Added to these

CURRENCY TRADING SUMMARYU.S. Dollar Trading (USD) surged on Tuesday following surprisingly strong economic data being released from the World’s biggest economy. New York Fed Manufacturing came in at 0.6 for the month of April, improving on March’s figure of -22.23 and vastly outstripping expectations of -17.5. Producer Price Index for the month of March also increased to 1.1%, improving on February’s figure of 0.3% and beating expectations of 0.6%. Furthermore, Capital Net Flows for the month of February surpassed expectations of $56.5 billion, coming in at $72.5 billion, up form $62 billion for the month of January. These results spelt good news for the dollar as it rose against all the major currencies overnight, trimming expectations of substantial monetary easing. Added to these

The Dodos are a San Fransisco guitar-drum duo who are nothing like The White Stripes. In fact, The Dodos should never even be mentioned in the same sentence as The White Stripes, because The Dodos don’t even sound - or look - similar to The White Stripes. But if there is anything that we’ve learned [...]

When it comes to the strategically important and fast-growing market of SLR cameras, Canon remained No. 1 worldwide in 2007 but lost share to Nikon, new statistics show.Canon sold 3.18 million single-lens reflex cameras in 2007 compared with Nikon's 2.98 million, according to a study released Tuesday by market researcher IDC. That represents a 42.7 percent and 40 percent share, respectively, of the 2007 SLR market. It's a much narrower margin for Canon than in 2006, when it had 46.7 percent of the market, compared with Nikon's 33 percent. Nikon SLR shipments grew at a 71.1 percent rate, much faster than Canon's 29.3 percent rate, IDC said. To be sure, unit shipments don't reflect another important aspect of market share--revenue, which IDC didn't detail. But Nikon released competitive high

I was caught by surprise when Dow finishes up so strongly. Never estimate the power of "intervention". With the latest Paulson move, market cheered even a small bounce in ISM. Yeah, maybe afterall the recession is just a scare. The writedown of UBS was largely ignored "tabi" for the intraday sell down yesterday afternoon. Yes! I went to short YZJ. To my dismay, in less than 1 hour i have to eat the humble pie and cut loss. But luckily I cut, otherwise today my face sure go red!Now that the 3000 resistance is convincingly broken and that too of the 3100. It's time market takes a breather. It is this breather where I will be watching for how well the selling is absorbed. As for last week til today, the selling in intra-day was often absorbed and market pushed higher. What about the fund dres

The US dollar price yesterday surged again. Particularly, the selling price of US dollar at Vietcombank HCM City arm was 16,070 dong/US dollar, up 140 dong while that of Vietnam Eximbank was listed at 16,050 dong, up 100 dong/US dollar. Meanwhile, the interbank forex rate announced by the State Bank of Vietnam yesterday continued falling another 5 dong down to 15,960 dong/US dollar. Eximbank�s

Crude oil prices jumped nearly $5 dollars, after a report was released showing weaker inventories. The news helped fuel the surge in prices after a further decline in the dollar led the initial charge.

Viet Nam estimated on Tuesday its trade deficit would widen to $7.36 billion in the first three months of this year with imports surging 62.5%, almost three times as fast as exports growth. Imports would rise to $20.39 billion while exports are estimated to rise 22.7% to $13.03 billion, the General Statistics Office said in its monthly report. Viet Nam had a trade deficit of $1.93 billion in

Reacting to news of yet another rate cut by the Federal Reserve, Wall Street soared high on Tuesday, sending the Dow Jones Industrial average up by more 400 points today. Helping the surge were better than expected numbers from big banks Lehman Brothers and Goldman Sachs, which momentarily eased the concerns after the collapse [...]

Due to the Federal Reserve cutting rates twice in the last couple weeks, and general concern about real estate and housing, the search terms "mortgage rates" surged rapidly last week.The expression "mortgage rates" made it last week onto Hitwise's list offast-growing searches on major search engines, like Google. I mentioned thisearlier in a brief link, but I now have more data via Hitwise. - Paul KedroskyHead over to Paul's article for a chart (didn't want to steal it) from Hitwise showing the surge

Gadget focus websites and blogs, eGreeting card websites and blogs, gift focus websites and blogs and other Christmas theme related websites and blogs are enjoying tremendous raise of online visitors. Their visitor's statistics is at peak, Christmas is a great season for them. But did you find it strange if a non-christmas theme blog (like this blog of mine) surges online traffic during this holiday season?This is no strange to me. It happens to this blog. Look at my statistics. The volume of visitors is not impressive but the raise is remarkable. I learned some lessons here and hope to share this positive experience in building blog traffic. Before I talk about the lessons I learned from this event, please allow me to give you some facts about this blog and me.- Ask the Blogger is approac

OBAMA HAS WON IOWA, AND HAS EATEN AWAY HILLARY'S LEAD IN NEW HAMPSHIRE.Obama trails Senator Clinton 32-26% according to the realclearpolitics data from the Zogby tracking poll among New Hampshire voters, conducted January 3rd 2008. Obama is riding his "surge" following his sweeping victory in the Iowa Caucus. New Hampshire voters will not be so easy to win over, and no candidate can claim an easy victory in New Hampshire. Obama hit the road using his retail politics techniques and showing an incredible upward climb in N.H. and is making the Clinton camp panic.Obama addressing folks using some of McCain's language, is attempting to use the same mantle that McCain used in 2000 when the Arizona senator upset then-governor George W. Bush in N.H."If you know who you are, if you know what yo

Consumers put aside worries about slumping home sales and soaring gasoline prices and headed to the malls in November, pushing spending up by the largest amount in 3 1/2 years. The Commerce Department reported Friday that consumer spending surged by 1.1 percent last month, nearly triple the October gain. The gain reflected various promotional efforts by retailers such as heavy discounting and longer store hours at the start of the holiday shopping season. Consumer spending is closely watched because it accounts for two-thirds of total ec

Great news on the homefront today! There is a new Strategic Vision poll out today from my home state of Georgia. The results are as follows: Mike Huckabee - 23% (+18)Fred Thompson - 20% (-19)Rudy Guliani - 17% (-3)John McCain - 11% (+2)Mitt Romney - 10% (+4)Things are looking quite "Peachy" today! :) Are you reading from Georgia and want to help the cause? Click on over to Georgia For Huckabee and sign up as a volunteer today!

Chinese solar panel maker Solarfun Power Holdings Co. said Tuesday renewable energy investment company Good Energies will raise its stake in the company more than fivefold to 34.7 percent.Good Energies is buying the shares from current shareholders, including 50 percent of the shares held by Solarfun's chairman and chief executive, Yonghua Lu, who will keep a 16.1 percent stake in the company.Good Energies agreed to buy about 66.7 million ordinary shares and 281,011 American Depositary Shares of the company, Solarfun said.

by Yong Yen NiePETALING JAYA: Sunway Holdings Inc Bhd’s net profit surged nearly 300% to RM27.04 million in the first quarter ended Sept 30, 2007 (1QFY08) due to the improved performance from all the core divisions of the group.“Revenue was up 17.23% to RM441.99 million and profit before taxation has surged threefold to RM37.24 million from RM12.38 million, with improved performance for all core divisions in the group,” it said.Sunway said the group also no longer required to equity account for the losses arising from the group’s investment in its associate, Sunway Infrastructure Bhd, as the investment was fully written down to nil in the last financial year.Earnings per share was 4.98 sen from 1.27 sen. It did not declare any dividend.“With an outstanding order book of approximately RM2.3 billion comprising RM900 million local projects and RM1.4 billion overseas projects, the group’s construction arm will be kept busy for the forthcoming year,” it said.Sunway said the gr

Apparently that Chuck Norris endorsement did the trick.From the LA Times:DES MOINES — With 34 days remaining, the Republican presidential race in Iowa has broken wide open, as Mike Huckabee surges into contention with the longtime front-runner, Mitt Romney.Polls show the two former governors running nearly even in Iowa, which will cast the first votes of the 2008 campaign, despite Huckabee's meager resources and the large amounts of time and TV advertising that Romney has lavished on the state. Earlier this month, surveys had Huckabee trailing Romney by double digits.Huckabee's strong showing, one of the biggest surprises of the presidential race, is threatening the foundation of Romney's candidacy and has shaken up the GOP contest across the country.On Thursday, Huckabee savored strong reviews for his performance the previous night in the CNN-YouTube debate, at which the former Arkansas governor delivered one-liners, played up his humble roots and proposed abolishing the IRS in f

I was surprised to read this article just now about Mike Huckabee. It is official, Mike Huckabee has passed Mitt Romney and is no longer considered a second tier candidate but a top tier candidate. Now I am really, really watching. Read the Article: rasmussenreports.com This all interests me very much because Mike Huckabee was the first candidate [...]

Nasdaq Stock Market Inc., the nation's largest electronic exchange, said Wednesday its third-quarter profit surged from big gains on the sale of its 31 percent stake in the London Stock Exchange.Profits rose more than twelvefold to $365 million, or $2.41 per share, from $30.2 million, or 22 cents per share, in the year-earlier period. Along with $431.4 million in pretax gains tied to the sale of the LSE stake, results included $35.2 million in gains on foreign currency option contracts as well as charges of about $26 million.Excluding the items, earnings totaled $62.1 million, or 42 cents per share.Net revenue, which excludes liquidity rebates, brokerage, clearance and exchange fees, rose 23 percent to $210 million from $171.2 million a year earlier. Including such expenses, revenue stood at $652 million, a 62 percent increase from $402.9 million a year earlier.Analysts surveyed by Thomson Financial predicted, on average, that Nasdaq would post earnings of 39 cents a share on net reve

Shares of Biogen Idec Inc. jumped Monday, the first trading day after the biotechnology company said would consider a sale to potential buyers, which include billionaire investor Carl Icahn.The stock rose $11.94, or 17.2 percent, to $81.37 in afternoon trading. Shares reached a 52-week high of $84.75 earlier in the trading session, eclipsing a previous peak of $69.43.The Cambridge, Mass.-based drug maker said Friday its board authorized management to explore a possible sale. The company's market capital was $20 billion as of Friday.In August, Icahn reported a purchase of 2.7 million Biogen shares as of June 30. ;

Telik, Inc. (NASDAQ:TELK) is seeing shares surging pre-market after it announced that the U.S. Food... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Oct. 8, 2007 (China Knowledge) – China's mobile phone output rose 27.9% in the first 8 months of the year, led by market expansion in rural areas.According to the department of economic system reform and economic operations under the Ministry of Information Industry (MII), the production of mobile phone hit 347.6 million units in the first 8 months. The large increase was due to the growing demand of rural regions, as mobile phone producers developed low priced cell phones for rural residents.China's mobile phone production was expected to occupy 40% of over 1 billion units of worldwide cell phone shipments by 2007.The MII expected the cell phone producers to develop research and innovation, improve products quality and after sales services in order to increase brand value and performance.According to the MII's statistics, phone users reached 885 million by the end of August in China, and 58% of them, or 515 million, were cell phone subscribers.Link

Well, well, well. It appears that the establishment media, always loathe to stray from the safest picks, have officially taken notice that the Ron Paul Phenomenon is indeed the real deal. With over $5 million dollars raised in the 3rd Quarter and a formidable campaign war chest, Paul has undeniably earned his place at the table and will remain there right on through to the contest's end.ABC News has the story. Their report, which notes that "Paul still registers in single digits in [conventional telephone survey] polls, but routinely scores much higher in Internet surveys and snap polls taken after debates", neglects to mention that Paul has also won or placed in the top 3 in 23 of 29 traditional, on-the-ground straw polls from all across the country, a record that trounces all other GOP candidates.The news anchors and the pundits are astonished and bewildered by Paul's success, but it comes—I have to say it—as no surprise to me. There are a couple of reasons.The first is that

Shares of Copernic Inc. rose Wednesday after the company said the Securities and Exchange Commission finished an investigation into allegations of past stock manipulation and didn't recommend any enforcement action against the company.Shares of the Montreal-based online search service -- which used to be known as Mamma.com Inc. -- added $1.18, or 67 percent, to $2.95 in afternoon trading. In the past year, Copernic has traded between $1.10 and $8.60.The company said late Tuesday that it received a letter from the SEC stating the investigation had been finished. ;

Press Release Mike Huckabee Wins Support from Machinists and Aerospace Workers August 30, 2007 LITTLE ROCK, AR -Former Governor Mike Huckabee (AR) won the support of the International Association of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Lowe's Cos., the nation's second largest home improvement chain, said Monday that its second-quarter profit rose 9 percent on higher overall revenue.The results came in ahead of Wall Street expectations, and its shares rose 6 percent in morning trading.But its sales fell at stores open at least a year and Lowe's trimmed its earnings outlook for the full year on Monday.The home improvement market has been slowing amid a slump in the housing sector.Last week, rival Home Depot Inc., the nation's largest home improvement store chain, said its second-quarter income dropped 14.8 percent. Its same-store sales dropped 5.2 percent. ;

Shares of Wynn Resorts Ltd. jumped to an all-time high Tuesday, a day after the casino operator blew past Wall Street's second-quarter estimates on strong results at its Macau and Las Vegas...

The U.S. dollar surged versus the Indonesian Rupiah in the Asian deals on Monday and collected the 13-month high of 0.9360 at 12:20 am ET. The dollar then lost some pips and entered a loose range between 0.9310 to 0.9350. As of 4:11 am Eastern Time, the pair collected 0.9330.Indonesia News Blog: http://indosnesos.blogspot.com

NYSE Euronext, the world's largest stock exchange, said Thursday that second-quarter profit more than doubled as the European exchanges contributed to earnings for the first time. Profit for the...

PT International Nickel Indonesia, the Southeast Asian country's biggest nickel miner by market value, had a sixfold surge in second-quarter profit as it boosted production amid higher prices. The shares gained. Net income in the three months rose to $479.2 million, or 48 cents a share, from $79.7 million, or 8 cents a share, a year earlier, the company said in a statement to the Jakarta Stock Exchange. Sales more than tripled to $859 million. The price of nickel soared in the first half of the year, driven by rising demand for the metal's use in stainless steel, and increased investor interest in commodities. Nickel touched a record $51,800 a ton on May 9. Indonesia News Blog: http://indosnesos.blogspot.com

Chevron Corp.'s profits surged to a new high during the second quarter as the nation's second largest oil company cashed in on higher gasoline prices and cashed out of a major investment. The San...

Most of people it thinks the battle against willpower of the takings of the obesity. But the city of Somerville knows that it takes the will from a whole community. Sparked by a desire to contain obesity of the childhood, this city of 78,000 has experienced yet dramatic a subtle transformation in the last five years. The restaurants have changed to milk with little fat and to smaller sizes of the portion. Districto of the school has doubled almost the amount of fresh fruit in the lunch. The city, right outer Boston, have repintado crosswalks to obtain to more people than it walked to work or to teach. The numbers suggest works. During scholastic year 2003-04, the students of Somerville gained less weight than young in two used next communities like control group, according to a report published today in the medical obesity of the newspaper. The difference was statistical significant and translates to come up around a pound of increase of excess of the wei

EBay Inc. reported Wednesday that second-quarter profit surged 50 percent, easily beating Wall Street expectations thanks to strong sales on online auctions, the automobile classified section and...

Oracle Corp.'s fiscal fourth-quarter profit rose 23 percent as the business software maker harvested more sales from the crop of customers picked up in a $25 billion shopping spree that has buried...

Bringing everyone back to my theory that Mitt Romney will be the GOP standard bearer next year, I give you the latest post-debate CNN poll.The poll has Romney at 29%, nine points ahead of Rudy Giuliani and John McCain, who are tied at 20%. Fred Thompson comes in next at 11%, while Newt Gingrich comes in a 4%, Ron Paul at 3%, Mike Huckabee and Sam Browback both at 2% and Tom Tancredo at 1%.Romney is complementing his surge with a major Ad push according to the New York Times."He increased his advertising in a huge way last month, spending more than $2million, much of it on national cable advertisements. This month, he added a runof television commercials in South Carolina, another early primary. Hisaggressiveness this early over the airwaves stands in contrast to his Republicancompetitors, who have yet to broadcast any television spots."I'm in New York and so far the only campaign ads I've seen for ANY Presidential candidate, Democrat or Republican, have been for Mitt Romney.

China's Trade Surplus Surges 73 Percent - Huffington Post/APExcerpt:"China's politically sensitive trade surplus soared in May to the third-highest monthly level on record, according to government figures released Monday, amid growing pressure from U.S. lawmakers for sanctions against Beijing.The surplus hit $22.5 billion (16.9 billion euros), up 73 percent from last May, the Chinese customs agency said on its Web site. Exports jumped 28.7 percent to $94 billion (70 billion euros), while imports rose 19.1 percent to $71.6 billion (53.6 billion euros).China has promised to narrow its yawning trade gap under pressure from Washington and other governments, but economists say multibillion-dollar surpluses are likely to continue."http://www.huffingtonpost.com/huff-wires/20070611/china-trade-surplus/Alex

The ten year is down about a point so the yield is knocking on 5.1%s door. Bad for stocks, simply stated as we enter into the 1500 to 1505 S&P support lower trendline area. Also, crude is up more than $1 which fans inflation and consumer strength worries.

Oil surged above $70 yesterday on news a cyclone was headed toward the Arabian peninsula with the potential to disrupt shipping and output. Top exporter Saudi Arabia said it expected its oil facilities to escape unscathed from the gathering storm. Fellow Opec member the UAE also appeared to be outside the path of the storm, a shipping agent said. Oman put its army and police on high alert, however, and warned the population of very high waves when winds of up to 205km per hour reached land. In London, Brent North Sea crude for July delivery soared $1.33 to settle at $70.40 per barrel. New York's main oil futures contract, light sweet crude for delivery in July, closed up a hefty $1.13 at $66.21 per barrel. "Prices have turned around on news of a major tropical storm that has the potential to interrupt oil shipments from the Gulf," said Addison Armstrong of TFS Energy Futures in the US. Oman produces just 715,000 barrels per day of oil, a small fraction of Saudi Arabia's almost 9 mil

Oil surged above $70 yesterday on news a cyclone was headed toward the Arabian peninsula with the potential to disrupt shipping and output. Top exporter Saudi Arabia said it expected its oil facilities to escape unscathed from the gathering storm. Fellow Opec member the UAE also appeared to be outside the path of the storm, a shipping agent said. Oman put its army and police on high alert, however, and warned the population of very high waves when winds of up to 205km per hour reached land. In London, Brent North Sea crude for July delivery soared $1.33 to settle at $70.40 per barrel. New York's main oil futures contract, light sweet crude for delivery in July, closed up a hefty $1.13 at $66.21 per barrel. "Prices have turned around on news of a major tropical storm that has the potential to interrupt oil shipments from the Gulf," said Addison Armstrong of TFS Energy Futures in the US. Oman produces just 715,000 barrels per day of oil, a small fraction of Saudi Arabia's almost 9 mil

Fremont soars on stake, loan unit sales I've been watching Medtronic call options activity (I am long in this name) and more than 13,000 June 52.5 calls have traded today vs open interest of 9,500. More than 10,000 out of the money June 55 have traded as well, though volume has not exceeded open interest. So there appears to be a very confident call options crowd ahead of earnings tonight. This

Ethanol to take big bite of record US corn. This assumes we will have a record harvest out of a record planting. Since the planting is already late, we're looking at the need for growing perfection over the course of the summer. Disclosure: I have Green Giant Fam Sz Niblets® Corn & Butter Sauce in my freezer.

Stock in Yahoo Inc. was up sharply Friday on an early day report that it was talking to Microsoft Corp. about a possible merger, followed by a second report near the end of the day that the talks...

MasterCard Inc., the world's second-biggest credit card franchise, on Wednesday reported favorable currency exchanges and stronger use of its brand overseas led to a record first-quarter profit. The...

From Local News LeaderBEIJING - China"s sizzling economy surged 11.1 percent in the first quarter, causing the country"s Cabinet to declare Thursday it will take steps to keep the economy from overheating."If this type of fast growth continues, there is the possibility of shifting from fast growth to overheating. There is that risk," Li Xiaochao, spokesman for the National Bureau of Statistics, told a news conference.The consumer price index in March rose 3.3 percent, data showed, above the government"s 3 percent target. And fixed-asset investment countrywide grew a robust 23.7 percent during March.Asian markets fell ahead of the report"s release in anticipation that the numbers would be stronger than expected and prompt Beijing to act to restrain growth in China, a major regional trading power. The nervousness was increased because Beijing delayed the release of the figures by five hours without an explanation.Beijing has already raised interest rates three times in the past y

China's sizzling economy surged 11.1 percent in the first quarter, causing the country's Cabinet to declare Thursday it will take steps to keep the economy from overheating. The pledge by the State...

Roll Call (Subscription): DCCC Fundraising SurgesExcerpt:"The Democratic Congressional Campaign Committee raised $19 million in the first three months of the year and ended March with more than a $7 million cash-on-hand advantage over its Republican counterpart, fundraising reports due to be filed on Friday will show."http://www.rollcall.com/issues/52_111/news/18060-1.htmlAlex

USA Today: China economy surges 11%; inflation heats up, tooExcerpt:"China's sizzling economy surged at an 11.1% annual rate in the first quarter, causing the country's Cabinet to declare Thursday it will take steps to keep the economy from overheating.The pledge by the State Council came after the government announced that inflation rose to its highest level in more than two years."If this type of fast growth continues, there is the possibility of shifting from fast growth to overheating. There is that risk," Li Xiaochao, spokesman for the National Bureau of Statistics, told a news conference."http://www.usatoday.com/money/world/2007-04-19-china-economy_N.htmAlex

Washington Mutual (WM) is big in Alt-a adjustables with loan loss reserves of just .6%, about 40% below the average bank. Across the WM options chain, put options volume is running 39k to 9k against the calls.I received a very nice note yesterday from a fellow who was formerly the President of a midwestern financial thrift. He pointed out to me that allowance for loan losses at Downey Financial (DSL) are at just .44%!!! That's pretty awful considering this is a California based lender with great exposure to Alt-a. Put volume there totals only 2800 contracts today, vs calls at 870, though volume is very light.Countrywide Funding (CFC) options volume is also skyrocketing. Put volume is running about 4-times call volume today.

{mosgoogle right}TOKYO (AP) -- Softbank Corp.'s net profit nearly quadrupled to a record high last fiscal year on the strength of its rapidly expanding mobile business, the technology and Internet company said Thursday.Softbank, which outpaced rivals in signing up new mobile phone subscribers, reported a group net profit of 108.62 billion yen (US$1.0 billion) for the fiscal year through March, compared with profit of 28.82 billion yen the previous year.It booked a 19.6 p [...]

Chicago, Illinois (CaymanMama.com) -- The Investment Company Institute told the media on Thursday that the assets in the market of mutual funds soared by $32.09 billion and reached $3.560 trillion during the week. The assets of the country’s retail market of mutual funds also surged by about $3.35 billion and rose ...

{mosgoogle right}BEIJING (AP) -- The silver medal around Kohei Uchimura's neck might seem misplaced to many Japanese. They likely expected that Hiroyuki Tomita, the team's top all-around gymnast, would be the countryman up on the Olympics podium.Tomita, the 2005 world champion, finished fourth, while his teenage teammate with little international experience wound up second to China's Yang Wei.Alth

Credit crunch, mortgage fallout, rising rates -  don’t really effect the nations wealthiest all too much.  In this recent article which highlights some top U.S. markest including Boston, NYC, San Francisco and even Miami, the High End Condo Market contiues to be white hot! The article… If you’re looking for a high-end, ...