Friday Morning Coffee with TradingMarkets
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Good Morning! |
Dollar Makes Biggest Weekly Gain in Years … Yahoo, Microsoft End Talks Without Deal … Bud Seeks Alternative to InBev Bid … Cost of Jet Fuel Weighs on Airlines … Bank of Japan Keeps Rate at 0.5% … Crude Dips Lower on Saudi Production Increase … CPI Data Due This Morning …
Asian stocks up … European stocks down … The dollar is moving higher against the Euro … And the futures are flat in the hour before the bell.
Join CNBC guest commentator and TradingMarkets FX specialist, Mark Whistler, today at 1 p.m. as he introduces his new Forex Elite Trading Seminar. Technical analysis, sentiment, trading the news … First learn the strategies, then watch Mark trade them live for three consecutive days. Click here to save your spot for Mark Whistler’s Forex Elite Trading Seminar presentation, today at 1 p.m.
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TradingMarkets 5 Business Stories You Need to Know |
Dell’s Buybacks Break the Bank – Bloomberg
Dell is one of a number of companies with aggressive share buyback programs that have failed to boost the company’s stock price. After spending more than $4 billion on its own stock, Dell is still down 11% over the past year.
DELL is the Featured Stock in our TradingMarkets Up or Down Stock Contest. You have until 4 p.m. today to tell us whether DELL will be up or down on Monday. Click here to register for free for your chance to win $1,000 each month by correctly guessing the direction of a stock!
KeyCorp To Raise Capital, Halve Dividend – Forbes
After falling to levels not seen in nearly 17 years, KeyCorp announced that it would be raising $1.5 billion in new capital as well as cutting its dividend in half.
Is a Fed Rate Hike Inevitable? – DailyFX
DailyFX senior currency strategist Boris Schlossberg weighs the factors that make it more – or less – likely that the Federal Reserve will not just change its policy of monetary accommodation, but will also begin edging the Fed funds rate higher.
Yahoo: If Not Microsoft, Then Google? – Bloomberg
With renewed efforts to strike a deal with Microsoft failing again, Yahoo! announced that it has completed what has been described as a “search partnership” with competitor and potential “white knight” suitor, Google.
Bud In Talks with Grupo Modelo – Wall Street Journal
In an effort to dodge Belgian brewer’s $46.3 billion bid for the company, Anheuser-Busch has entered talks with Mexican brewer Grupo Modelo – though the specifics of a potential deal remain unclear.
For more stories as they happen, go to our Breaking News section.
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
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Anheuser-Busch
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BUD |
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PowerRating) received a $46.3 billion unsolicited bid from Belgian brewer InBev on Thursday. - Lehman Brothers Holdings
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LEH |
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PowerRating) announced the replacement of both its CFO and president on Thursday, as the company’s stock fell another 4%. - Palm
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PowerRating) rallied more than 10% on news that Verizon Wireless would sell Palm’s latest smartphone, Centro. - Microsoft
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MSFT |
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PowerRating) announced a willingness to complete an “alternative transaction” with Yahoo!
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YHOO |
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PowerRating) instead of returning to its original bid for the Internet company. - Strong retail sales due to tax rebates and the increased cost of food and fuel helped boost retailers such as Wal-Mart
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PowerRating) early in Thursday’s trading, though retailers in general finished off their highs. - Dell
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PowerRating) is among a number of companies losing money on its share buyback program. In spite of spending $4 billion on its own stock, DELL is down 11% over the past year.
For a list of today’s highest PowerRating stocks, click here.
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TradingMarkets 5 PowerRatings Stocks for Today |
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Company
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Symbol | PowerRatings |
| Synaptics Inc. | SYNA | 10 |
| Western Digital Corp | WDC | 9 |
| Companhia Vale do Rio Doce | RIO | 9 |
| Tesco Corp. | TESO | 8 |
| MEXCO Energy Corp.. | MXC | 8 |
| View More Stocks |
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TradingMarkets Tracking the Wizards |
Learn to Trade Forex! – TradingMarkets
Let CNBC guest commentator and TradingMarkets currency specialist Mark Whistler show you how to succeed as a trader in the 24-hour market of international currencies. Today at noon Eastern/9 a.m Pacific, Mark will provide an introduction to his special Forex Elite Trading Seminar, a new program geared to help new and intermediate level FX traders alike learn how to get started in what is truly the market of the 21st century.
How is Trading Forex Different From Trading Stocks – TradingMarkets
Many new traders arrive at the world of forex trading after years of successfully trading stocks. What is it that stock traders need to know in order to be as successful, or even moreso, as forex traders? TradingMarkets contributor John Forman provides a few insights for traders to keep in mind.
5 PowerRatings Stocks for the Next 5 Days – TradingMarkets
Looking for stocks that are likely to outperform the average stock over the next 5 days? Our 5 PowerRatings Stocks for the Next 5 Days column is a great place to start!
The highest Short Term PowerRatings stocks have outperformed the average stock by a margin of nearly 17 to 1 after five days. Click here to find out more about how you can use our Short Term PowerRatings alone or as part of your overall short-term trading strategy.
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