Though the first half of the active trading day (through the Asian and much of the European session) would find crude on a bullish track, the climb was anemic at best. When this modest effort to recoup ground lost over the past few days finally capitulated, the subsequent reversal would generate a far more aggressive …

Despite declines in consumer confidence, a relatively unstable labor market and the G-20 emphasizing deficit reduction, three Internet retailers are illustrating a spark of light and could pose an opportunity.
The first is Netflix (NASDAQ:NFLX).  The Los Gatos, California-based online movie rental subscription company offers consumers a relatively cheap form of entertainment which can be streamlined …

“As economists look for clues on the direction of consumer spending, they may want to look into how much Americans are willing to spend on their coffee.  Majestic Research tracks anonymous credit-card data, and can see how much consumers spend by category and store, and it broke out the average dollar transactions at Starbucks and …

Masimo Corp. (NASDAQ:MASI) recently announced that it has got clearance from the Food and Drug Administration (FDA) for its Pronto-7, a handheld device intended for fast, convenient, and non-invasive spot check testing of hemoglobin, as well as measurement of pulse rate and other key parameters. Masimo’s device can be flexibly used in different settings. 
 
The Pronto-7 …

Bet on Private Sector for Recovery Could Prove Risky
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Fluor Corp. (NYSE:FLR) has bagged a $1.3 billion mining contract awarded by Minera Lumina Copper in Chile. Minera Lumina Copper Chile is owned by Pan Pacific Copper Co., Ltd. and Mitsui Co., Ltd.
 
The work involves engineering design, manufacturing and commissioning of a copper mine at 13,000 feet above the mean sea level. The mine will …

Moody’s Investors Service may cut Spain’s Aaa local and foreign currency government bond ratings by…

InterContinental Hotels Group plc (NYSE:IHG), a leading worldwide hotel company engaged in the ownership, franchising and management of hotels, is set to double the number of hotels it runs in China in about five years.
 
China is Intercontinental Hotels’ largest market outside the United States, where the company plans to open 30 more hotels by the …

McCormick & Co. Inc. (NYSE:MKC), a global leader in spices, herbs and flavorings industry, signed an agreement to become a minority player in India’s Eastern Condiments Pvt Ltd. (ECPL), a curry ingredient maker. The foray into one of the world’s biggest consumer markets for spices will be worth $35 million for a 26% stake.
 
The joint …

Caterpillar Inc. (NYSE:CAT), in tune with its strategy of international expansion — particularly in emerging markets — announced plans to expand its manufacturing presence in Brazil. Caterpillar will build a new facility in Brazil to produce backhoe and small-wheel loaders to cater to the Latin American market.
As of 2009 end, the company had four manufacturing …