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OPEC Hikes Oil Demand Projections
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Wednesday, 10 March 2010 |
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The Organization of Petroleum Exporting Countries released a report today projecting that world oil demand would rise to nearly 900,000 barrels per day this year. Thats 100,000 barrels more in demand than it projected in February.
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Daily Dividend Report: OLP, HNZ, VGR, BKCC, SPLS
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Wednesday, 10 March 2010 |
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After the bell yesterday, One Liberty Properties (OLP) declared its quarterly dividend of of thirty cents per share, an increase of about 36% over its prior dividend. Notable about this dividend is the company's decision to pay shareholders in cash instead of a combination of shares and cash that was so common in 2009.
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Wednesday Midday Sector Laggards: Machine Tools, Gold Stocks
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Wednesday, 10 March 2010 |
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In midday trading Wednesday, Machine Tools shares were relative laggards, down on the day by about 1.3%. Helping drag down the group were shares of Flow International (FLOW), down about 9.8% and shares of Exco Tech Limited (XTC.
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Wednesday's ETF Movers: FBT, GDX
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Wednesday, 10 March 2010 |
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In midday trading Wednesday, the First Trust Biotech ETF (FBT) is outperforming other ETFs, up about 3.3% on the day. Components of that ETF showing particular strength include shares of Intermune (ITMN), up about 64.4% and shares of Amylin Pharmaceuticals (AMLN), up about 4.9% on the day.
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Wednesday, 10 March 2010 |
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The USD and EUR advanced vs. the JPY, as risk appetite rose in mid-week trade.
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