Analyst Moves: BEN, CMG

Source: feedproxy.google.com

This morning, UBS raised its price target on shares of Franklin Resources (BEN) to $113 per share as funds are flowing in at a faster rate that...


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  • Quiet London session as markets focus on US Payrolls

    UK Pensions Minister James Purnell resigns and calls on Prime Minister Gordon Brown to quit too. UK Q1 Construction output falls 9 % q/q, ONS likely to revise Q1 GDP to -2.2% from -1.9% as a result. UK PPI meets expectations, factory costs fall at sharpest rate in 7 1/2 years. Swiss inflation...

  • ECB’s Constancio says Europe inflation may be below expectations

    ECB’s Constancio feels euro zone inflation in 2009 may come in below expectations, but that it doesn’t mean deflation and no deflationary spiral is expected for 2010. Speaking at a banking conference the official said “Inflation levels now foreseen for this year are very low,...

  • Emerging markets decoupling? Not in this lifetime.

    By The Sizemore Letter It seems like an eternity ago, but about four years ago the financial press was abuzz with a new catchphrase:...

  • Rumor: NFA is going to do away with limit orders

    [FROM: sledge] So What are we going to do when the NFA takes away our limit orders in July [FROM: dug] wtf [FROM: dug] what do you mean takes away limit orders [FROM: sledge] rumor has it the NFA is going to do away with limit orders, to a market orders only system [FROM: sledge] Apparently it has...

  • EUR/GBP long term technicals

    The 61.8% Fibo at .8490 should provide initial support but a break below there will target an interim low at .8260, which also coincides with the long term trend line. The previous important low at .8635 is now the first level of resistance with little behind there until...