Author Archives: Trade Advantage

FXstreet.com (Barcelona) – EUR/USD slid towards 1.2768 from 1.28+ after the NY close, following a knee-jerk reaction on the news that Moody’s had decided to downgrade France from Aaa to Aa1.

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Forex Flash: Moody’s downgrade to France a catch up but still fresh negative – Westpac

Industrial gas producer and supplier, Praxair Inc’s ( PX ) subsidiary, Praxair Distribution Inc. strengthened its foothold in Texas by acquiring Acetylene Oxygen Company for an

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Praxair Acquires Acetylene – Analyst Blog

Banking behemoths JPMorgan Chase & Co. ( JPM ) and Credit Suisse Group ( CS ) have agreed to resolve the allegations leveled by the Securities and Exchange Commission (SEC)

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Banks to Pay $400M in Settlement – Analyst Blog

FXstreet.com (Córdoba) – The Australian dollar managed to break above the 1.0400 mark versus the greenback, underpinned by risk appetite amid positive European headlines and US fiscal

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Forex: AUD/USD consolidates above 1.0400

Pure metallurgical coal play, Walter Energy Inc. (WLT) announced that it will offer 9.875% senior notes worth $500 million due 2020, to recompense outstanding amounts under its credit

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Walter Offers $500M Senior Notes – Analyst Blog

FXstreet.com (San Francisco) – After trading below the 81.00 mark almost the whole Monday, the US Dollar has jumped around 25 pips in the last hour from 81.10/15 zone to break above mentioned

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Forex: USD/JPY jumps to intra-day highs around 81.40

Citigroup Inc. ( C ) has agreed to shell out $360 million to the estate of Lehman Brothers brokerage unit, in order to settle a collateral disagreement, according to a Reuters report.

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Citi-Lehman Dispute Settled – Analyst Blog

Peabody Energy ( BTU ) has voluntarily prepaid $75 million of term-loan borrowings, bringing year to date debt repayments to more than $380 million. The company also has amended its 2010

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Peabody Energy Pre-Pays $75 Mln in Loans; Shares Flat After Hours

FXstreet.com (Barcelona) – US equity gains have averaged +1.5% today, with the DJIA finishing up 207 points in best day since September 6, while G10 currencies also showed a great performance

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Forex Flash: Wall Street has best performance in Q4; follow-through in Asia? – NAB

Bethesda, Maryland-based RLJ Lodging Trust ( RLJ ) , a real estate investment trust (REIT), recently entered the Greater Boston market with the acquisition of Embassy Suites in Waltham,

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RLJ Lodging Debuts in Boston – Analyst Blog

Canada’s main stock market, the Toronto Stock Exchange ( TSX ), opened Monday up 120 points higher than on Friday – when it gained 60 points – still buoyed by Friday’s news reports that

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TSX Starts and Finishes Day Well To Close Up 160 Pts; Bombardier Shows The Way

Gold prices rallied Monday as the U.S. dollar weakened against the euro and investor appetite for risk increased after seeing that lawmakers made some headway in their negotiations to avoid

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Gold Prices: Affects Of Fiscal Cliff, Current Risks

FXstreet.com (San Francisco) – The US stock market has climbed on Monday following the Friday and weekend’s good and ‘constructive’ news about a deal on the fiscal cliff. In addition,

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Wall Street rallies on fiscal cliff hopes

Emerging markets Vs. domestic market trade is holding ground while US makes noise of getting their fiscal house in order and SPX popping 40points in less than 2 sessions. “Emerging

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Emerging markets vs. domestic markets trade update

The Dow Jones Industrial Average (DJI) rocketed higher right out of the gate, as U.S. politicians expressed confidence in a “fiscal cliff” aversion. Meanwhile, a double-dose of

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Dow Gains 207 Points; Was the Rebound Overdue?

The following companies are expected to report earnings prior to market open on 11/20/2012. Visit our Earnings Calendar for a full list of expected earnings releases. Medtronic, Inc. ( MDT

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Pre-Market Earnings Report for November 20, 2012 : MDT, HPQ, HNZ, CPB, HRL, VAL, SIG, PDCO, CHS, NRGY, DSW, TECD

Manson Creek Resources Ltd. (MCK.V) announced that Phase Two exploration is now complete on the Up Town Gold project in the Northwest Territories. Phase Two exploration work entailed channel

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Manson Creek Completes Exploration on Up Town Gold Project, NWT

West Kirkland Mining Inc. (WKM.V) announced that it has commissioned Roscoe Postle Associates Inc. to produce a Preliminary Economic Assessment (PEA) of the Company’s TUG deposit in Utah. The

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West Kirkland Commences Preliminary Economic Assessment on TUG Deposit

General Moly Inc. ( GMO ) has shot up 11% to $3.74 after the molybdenum mining company announced that the U.S. government has authorized development of the Mt. Hope Project in Eureka County,

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General Moly Surges 11%, Tilts Near High on Authorization for Mt. Hope Project