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Forex
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Written by Editor
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Monday, 08 February 2010 04:28 |
Where are we? Our best guess!
Long-time readers know we are big fans of the boom-bust theory of price action, as first I saw articulated by George Soros back in 1987 in his book, Alchemy of Finance. (It is by the way the same time I learned of Karl Popper and the black swan; and name our firm accordingly, back in 2003.)
We use the boom-bust construct to help us understand better, but never with anything approaching perfect knowledge (if one can ever approach such a thing), where we might be in the current cycle regarding the dollar.

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Forex
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Written by Editor
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Sunday, 07 February 2010 20:38 |
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The US labor report came mixed again in January losing further 20K jobs out of the farming sector. The manufacturing sector could add 11k jobs in January to the non-farm payroll for the first time since the beginning of this recession which caused a losing of 8.42 M until now. The unemployment of January has fallen to 9.7% from 10% in December but the non-farm pay roll of December has been revised down to -150k from -85k in the first reading.
There was a mixed impact after the data on the greenback which could keep its gains again at the end of the week underpinned by uncovered loses in the equities markets.
The loses in the equities market have increased last Thursdays on worries about the Jobs market outlook and the debt which has increased in an excessive way recently in Europe after unconvincing comments from Trichet in his press conference in Frankfurt following the ECB decision to keep the interest rate unchanged at 1%.
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Healthcare
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Written by Editor
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Friday, 05 February 2010 10:42 |
Benefits of CyberKnife Radiosurgery for Lung Cancer Drive Continued Adoption
Accuray Incorporated (Nasdaq: ARAY), a global leader in the field of radiosurgery, announced today that more than 12,000 courses of lung cancer treatment have been completed with CyberKnife radiosurgery. Usage of CyberKnife radiosurgery for lung cancer continues to grow, as illustrated by a 25 percent increase year over year in calendar year 2009.
CyberKnife radiosurgery offers lung cancer patients a non-invasive means for treating their disease. The outpatient treatment is completed in five or fewer visits, and is both painless and non-surgical. Because the CyberKnife System utilizes continual image guidance along with continual correction for respiratory motion, it is able to deliver high-doses of radiation to the tumor from hundreds of angles with pinpoint precision.
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Retail
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Written by Editor
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Friday, 05 February 2010 10:04 |
bebe stores, inc. Announces Second Quarter Earnings of $0.03
bebe stores, inc. (NASDAQ: BEBE) today announced unaudited financial results for the second quarter ended January 2, 2010.
Net sales for the second quarter of fiscal 2010 were $141.5 million, down 22.2% from $181.9 million reported for the second quarter a year ago. As previously reported, comparable store sales for the quarter ended January 2, 2010 decreased 22.5% compared to a decrease of 20.1% in the prior year.
Gross margin as a percentage of net sales increased to 39.2% in the second quarter of fiscal 2010, compared to 38.6% in the second quarter of fiscal 2009. The increase in gross margin as a percentage of net sales from the prior year of 0.6% was primarily due to lower markdowns and lower other costs including inventory shrink and damages partially offset by lower initial markup and unfavorable occupancy leverage.
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Industrial
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Written by Editor
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Friday, 05 February 2010 09:46 |
Power-One Posts Solid Fourth Quarter 2009 Results
Power-One, Inc. (NASDAQ: PWER), a leading provider of renewable energy and energy-efficient power conversion and power management solutions, today announced financial results for the fourth quarter 2009. The Company’s ongoing strategic initiatives, including growth strategies and a continued focus on efficiencies and expense controls, helped deliver expanded gross and operating margins, as well as positive operating cash flow and net income.
Power-One recorded net sales of $142 million for the fourth quarter ended January 3, 2010, an increase of 9% from the fourth quarter 2008. Net income attributable to common shareholders for the fourth quarter was $5.4 million, or $0.05 per diluted share, compared to a profit of $1.7 million, or $0.02 per diluted share for the same period last year.
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