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Daily Market Wrap: March 12, 2012
The markets were mixed today amidst investors digesting news from Europe. In economic news, the Treasury Department said that the deficit grew...
Quanta Services Beats Estimates And Gives Upbeat Guidance
Quanta Services (NYSE:PWR) reported Q4 EPS of $0.41, topping estimates of $0.36.Revenues in the quarter rose 36.8% year-over-year to $1.51...
Cable slumping lower
Cable is coming under renewed pressure, presently at 1.6535. There is talk of EUR/GBP buy interest lined up for the New York fix later today. Much more disturbing for cable bulls though is talk of cable sales being lined up for the fix. This comes after talk yesterday and earlier today of buying...
Euro Stabilizing
Source: ForexYard The euro has made reasonable gains against the greenback during Thursday trading. Per usual, the Greek debt crisis is the...
Fundamental Outlook at 1400 GMT (EDT + 0400)
By GCI Financial - The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested bids...