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Oct 12, 2010

MarketWatch: Special Financial Services: Stocks To Watch Wednesday October 13th., 2010. Oct. 12th., 2010

MarketWatch
SPECIAL FINANCIAL SERVICES
 
Stocks to Watch: Stocks to watch Wednesday: J.P. Morgan
 
By MarketWatch


A sampling of companies are expected to see active trade in Wednesday’s market session, including J.P. Morgan Chase and Apollo Group. 

Mining Interactive:Mosquito - CuMo Exploratory Moly Project in Boise County, Idaho Receives Overwhelming Local Support. Oct. 12th., 2010


October 12, 2010
MOSQUITO
CONSOLIDATED GOLD MINES LTD.
CUMO EXPLORATORY DRILLING PROJECT IN BOISE COUNTY, IDAHO RECEIVES OVERWHELMING LOCAL SUPPORT
  • Public comments have been submitted to the U.S. Forest Service (USFS) with regard additional exploration related to the CuMo deposit; and
  • More than 80 percent of the residents of Boise County, Idaho, who submitted comments to the United States Forest Service, supported Mosquito’s planned CuMo exploratory drilling project in that area.
Shaun Dykes, Mosquito Project Manager & Director: "The Company welcomes public comment on our exploration plan, and certainly appreciates the supportive comments from various parts of Idaho, especially Boise County.  We are very sensitive to the local community because they are the ones who are most directly affected.”
Dear Friends:
The CuMo Project in Idaho is a World-class and significant deposit with World-class economics and dynamics.  The permitting of public land exploration drilling is now needed to assess and the ultimate scope of the CuMo reserves and under what circumstances a modern mine might be developed as well as the benefits to the Boise County and the State of Idaho.

While waiting for the exploration permit on public lands, drilling at the CuMo project on private lands is ongoing.
As always - - - Stay Tuned!!
Regards,
Nick L. Nicolaas
Mining Interactive "Ahead of the Pack"


The Metals
MiningInteractive Videos
Click Here

Stay tuned for the most recent updates on Mosquito Ltd. and other leading mining companies through the MiningInteractive Video Interviews.
Nick L. Nicolaas
(604) 657-4058
nick@mininginteractive.com



CNBC: Evening Brief: Intel Earnings, Revenue Surpass Wall Street Forecasts. Oct 12th., 2010



LATEST STORIES


»click here to see the latest top stories from CNBC.com

New CNBC Original Series
CNBC 360 CNBC Titans: Hugh Hefner
Go inside the stories of empire builders, titans and winners – people who make a career of turning the “unthinkable” into a reality – in the all-new CNBC Original series, “CNBC Titans.” The story continues tomorrow, with the original Playboy, who built an empire on sex and skin. CNBC Titans: Hugh Hefner premieres tomorrow at 9:00 PM ET / PT
»more info


LATEST VIDEO

  • Muni Meltdown
    Municipal pensions face a $500 billion deficit, and states are already $3 trillion in the hole, according to a new report. Benjamin Thompson, of Samson Capital; Alexandra Lebenthal, of Lebenthal & Co.; and "The Strategy Session" hosts discuss.
    » Watch Video












     
  • Insight from Squawk Icon
    Insight on the markets, with Mohamed El-Erian, PIMCO.
    » Watch Video












     
  • Banks Ready to Report
    JP Morgan Chase kicking off earnings season, with Richard Bove, financial strategist at Rochdale Securities.
    » Watch Video












     
  • And The Winner Is ...
    Insitutional Investor unveiling its 39th annual all-America research team, with Lisa Gill, JPMorgan Health Care analyst.
    » Watch Video












     
  • Roach: QE Won't Work
    Quantitative easing is not going to work, warns Stephen Roach, non-executive chairman at Morgan Stanley Asia. In this First On CNBC interview, he tells CNBC's Chloe Cho why, as well as if capital controls will help or hamper the global recovery.
    » Watch Video












     
»click here to see the latest top video from CNBC.com

MarketWatch: Personal Finance Daily .- Banking isnt as safe as it used to be.

MarketWatch
Personal Finance Daily
OCTOBER 12, 2010

Tuesday's Personal Finance stories

Don't miss these top stories:

By MarketWatch




Got cash? The next time you get some at the ATM on the corner, you may be getting more than you bargained for. As Jennifer Waters details in her Consumer Confidential column today, scammers are getting ever better at crafting realistic-looking ATM fronts that grab your bank-account information when you insert your card into the slot.

Read her story to find out how to avoid getting scammed, plus see David Weidner's piece on how we'll all pay for banks' bungling of foreclosures, and read Chuck Jaffe's take on why data related to consumer confidence are all over the map lately.

Banks don't read their own fine print? ATMs aren't what they seem? Even without all the other economic woes of late, is it any surprise we're lacking confidence?

Andrea Coombes , Personal Finance editor

CONSUMERS

Watch out for ATM skimming

The next time you pull up to an ATM, take a closer look at the machine. Does it look a little clunkier than usual?
Read more on watch out for ATM skimming.

Consumer confidence conundrum

September was a good month for the stock market, so investor confidence is better in October.
Read more on consumer confidence conundrum.

REAL ESTATE

Banks bungle foreclosures, but we'll suffer

The foreclosure freeze is a humiliating, time-consuming and costly mistake by the banks and a kind of karmic justice. But their bungling is going to cost us, our housing market and our economy.
Read more on banks bungle foreclosures, but we'll suffer.

RETIREMENT

Inflation measure misses senior citizens

For the second straight year, nearly 60 million seniors will not receive an increase in their monthly Social Security benefits.
Read more on inflation measure misses senior citizens.

INVESTING

Commentary: Lazy Portfolio winners and Flash Crash Zen

All eight Lazy Portfolios are in positive territory the past year and over 5-year and 10-year terms.
Read more on Lazy Portfolio winners and Flash Crash Zen.

Fantasy portfolio rocked by commodity bulls

Welcome to the third anniversary of the top of the last bull cycle and the eighth anniversary of the bottom of the millennial bear market. Yes it's a momentous day.
Read more on Fantasy portfolio rocked by commodity bulls.

CAREERS

Pay on Wall Street knows no boundaries

Clawbacks, deferred compensation — they sounded like good ideas at the time. But regulators, at the urging of the industry, shunned any long-term of the review of Wall Street pay structure.
Read more on pay on Wall Street knows no boundaries.

ECONOMY & POLITICS

Bond market more worried about inflation than Fed

Inflation-protected securities, and the exchange-traded funds and mutual funds based on them, are rallying as investors in all asset classes are increasingly convinced the Fed will restart large asset purchases to pump up the U.S. economy.
Read more on bond market more worried about inflation than Fed.

FDIC mulls rule to dismantle failing big bank

The Federal Deposit Insurance Corp. on Tuesday proposed a rule that would begin the process of setting up a mechanism to dismantle a failing too-big-to-fail Lehman-like mega-bank in a way so its collapse doesn't cause collateral damage to the markets.
Read more on FDIC mulls rule to dismantle failing big bank.

September minutes show Fed close to easing

There was a general sense among many Federal Reserve officials that additional monetary-policy easing may be appropriate "before long," according to a summary released Tuesday of the Sept. 21 discussions.
Read more on September minutes show Fed close to easing.

Chilean miners' rescue in pictures

Chile's 33 trapped miners are set to travel nearly half a mile through solid rock in a shaft just wider than a man's shoulders on Tuesday night as their two-month ordeal after a cave-in draws to an end.
See slide show on Chilean miners' rescue.

FORBES ASIA : Latest Stories.- Baidu Faces New Threat From Alibaba. Oct.12th., 2010


Latest Stories

Baidu Faces New Threat From Alibaba

Baidu Faces New Threat From Alibaba
Internet billionaires Robin Li and Jack Ma square off for control of China's Internet search market.
Read More Read More

The Commonwealth Games Is Not India's Path To Success

The Commonwealth Games Is Not India's Path To Success
The country needs to consult its own ancient wisdom for its way forward.
Read More Read More

Foxconn Billionaire Hits Back At Criticism

Foxconn Billionaire Hits Back At Criticism
Taiwan's tech tycoon responds to allegations of worker abuse, illegal labor and unsafe conditions.
Read More Read More

Debating The True Value Of The Chinese Yuan

Debating The True Value Of The Chinese Yuan
Hot money is fleeing low interest rates in the U.S. and Western Europe for China, India, and South.
Read More Read More

China Momentum Continues

China Momentum Continues
China's economy continues to grow - but what does this mean?
Read More Read More

INVESTOPEDIA . PROFESSIONALS IN THE MONEY. Oct. 12th., 2010

Go To Investopedia.com!


Chart Advisor Here is Your Professionals in the Money

Financial Career
Brokers: Do You Want To Sell Stocks Or Insurance?
Financial Education Financial Education
Calculating The Equity Risk Premium

Exam Question Exam Question
The risk an investor is most likely to encounter when investing in a Standard & Poor’s 500 Index fund is:
FINRA Update FINRA Update
SEC Approves Consolidated FINRA Rule on the Sale of Securities in a Fixed Price Offering

FINANCIAL & FOREX INFO NEWS .- Reuters Daily Investor Update.- Intel sees revs up in fourth quarter. Oct. 12th., 2010



FROM: REUTERS - DAILY INVESTOR UPDATE


Intel sees revs up in fourth quarter
Wall St ends higher as Fed seen easing soon
Fed minutes: Easing may be needed "before long"
GM extends IPO deadline for employees, dealers
Pfizer to buy King Pharma for $3.6 billion in cash
Wal-Mart to start selling Apple's iPad
Maverick's Ainslie says tech stocks "cheap"
White House rejects foreclosure moratorium
Wall Street stresses jobs, taxes after election
White House rejects foreclosure moratorium

RTTNews: Evening Market Wrap.- Stocks End Mostly Higher As Fed Leans Further Towards QE - U.S. Commentary . Oct. 12th., 2010

Evening Market Wrap Tue Oct 12 17:01 2010

Commentary

Oct 12, 2010 Stocks End Mostly Higher As Fed Leans Further Towards QE - U.S. Commentary Stocks ended Tuesday's session mostly higher following news that the Federal Reserve is moving closer to renewing measures to further aid the slugging economic recovery. The major averages were able to recover from early weakness to reach new five-month closing highs. Full Article

Economic News

Oct 12, 2010 FOMC Minutes Indicate Fed's Willingness To Provide Additional Stimulus Members of the Federal Reserve are prepared to take further steps to support the sluggish economic recovery, according to the minutes of the September Federal Open Market Committee meeting, although most agreed that they would need additional information before making a move. The minutes of the meeting showed that many FOMC members found the recent and anticipated progress toward meeting the Committee's mandate of maximum employment and price stability to be unsatisfactory. Full Article

Earnings News

Oct 12, 2010 Carl Icahn Supports MGM Studios-Lions Gate Merger Billionaire investor Carl Icahn said in a statement released on Tuesday that he supports the proposed merger of Lions Gate Entertainment Corp. (LGF) with beleaguered rival film studio Metro-Goldwyn-Mayer, Inc. or MGM Studios. Icahn is currently the largest shareholder of Lions Gate with a 37.27% stake in it as of August-end, according to a filing. Full Article

Corporate News

Oct 12, 2010 Google To Invest In Mid-Atlantic Wind Power Project Search engine giant Google Inc. (GOOG) has signed an agreement to invest in the development of a significant wind power project off the East Coast of the United States. The Atlantic Wind Connection (AWC) will stretch from New Jersey to Virginia and will be able to connect 6,000 megawatts of offshore wind turbines. Full Article
Oct 12, 2010 Pfizer To Buy King Pharma For $3.6 Bln Cash - Update Healthcare giant Pfizer Inc. (PFE) Tuesday announced a definitive merger deal to acquire specialty pharmaceutical company King Pharmaceuticals, Inc. (KG) for $14.25 per share or $3.6 billion in cash. The companies target to close the acquisition in late fourth quarter or the first quarter of 2011. The transaction is expected to be accretive to Pfizer's adjusted earnings per share annually from 2011 through 2015, in addition to strengthening its position in the rapidly growing pain relief market and providing additional revenue streams across its existing business units. Full Article
Oct 12, 2010 Eastman Kodak Promotes Antoinette McCorvey To CFO As Frank Sklarsky Resigns Photographic equipment maker Eastman Kodak Co. (EK) announced Tuesday the promotion of Director of Investor Relations and Vice President Antoinette McCorvey to chief financial officer and senior vice president, effective November 5, 2010. McCorvey will succeed Frank Sklarsky, who resigns from the company to take up a similar position at Tyco International Ltd. (TYC). Full Article
Oct 12, 2010 Fastenal Q3 Profit Tops Estimates - Update Industrial and construction products supplier Fastenal Co. (FAST) reported Tuesday a strong growth in profit for the third quarter, driven by higher sales. Quarterly earnings per share as well as sales beat market projections. Net earnings for the quarter climbed 57.6% to $74.99 million from $47.59 million last year. On a per-share basis, earnings grew 59.4% to $0.51 from prior year's $0.32. Full Article
Oct 12, 2010 Entergy Says Cooperating With DOJ's Civil Investigation - Update Electric utility company Entergy Corp. (ETR) Tuesday stated that it is cooperating with the civil investigation of the U.S. Department of Justice (DOJ) on competitive issues related to certain Entergy utility companies' practices and policies. The company also said that the probe is just beginning, and there is no conclusion that the Entergy utility companies have done anything improper. Full Article

Forex Top Story

Oct 12, 2010 Dollar Wobbles After Fed Minutes Signal More Accommodation The dollar gave back earlier gains Tuesday, after the minutes of the latest Federal Reserve meeting cleared up speculation that voting members of the FOMC might hesitate to offer a second round of quantitative easing. Earlier in the day, doubts about the scope and size of further stimulus gave the dollar a measure of support.. Full Article

Political News

Oct 12, 2010 Obama Administration Lifts Deepwater Drilling MoratoriumThe Obama Administration Tuesday announced that it is lifting a ban on deepwater drilling in the Gulf of Mexico. Interior Secretary Ken Salazar determined that it is now safe to lift the ban, which had been in place since the explosion of the BP-owned Deepwater Horizon well released millions of gallons of oil into the Gulf. Full Article
Oct 12, 2010 Poll Shows Virtual Tie In Florida Governor's RaceDemocrat Alex Sink has climbed into a virtual tie with Republican Rick Scott in the Florida governor's race, according to the results of a Quinnipiac poll released on Tuesday, with Sink seemingly benefiting from the belief that she was a more ethical businessperson than Scott. Full Article
Oct 12, 2010 Obama Opposes National Moratorium On Home ForeclosuresPresident Barack Obama opposes an across-the-board moratorium on home foreclosures, White House Press Secretary Robert Gibbs revealed on Tuesday, although the president does support a probe by state attorneys general into filings of allegedly faulty home foreclosures. "There are a series of unintended consequences to a broader moratorium," Gibbs told reporters, suggesting that a national moratorium could impact other housing transactions, including sales. Full Article

NYT: Afternoon Business News: Wall Street Takes Fed Minutes in Stride. Oct.12th., 2010


BUSINESS:

Silicon Valley's Solar Innovators Forced to Retool

By TODD WOODY
As California companies finally begin mass production of a new type of solar cell, the economics of the industry have been transformed - by the Chinese.

Wall Street Takes Fed Minutes in Stride

By CHRISTINE HAUSER
The only "surprise" in the minutes, one economist said, was that the Fed saw slightly lower growth in 2011.

OPEC Revises Higher Its Forecast for This Year and Next

By THE ASSOCIATED PRESS
The oil cartel said that China's "overheated" economy remained a crucial driver for energy use in a world still struggling to emerge from its worst recession in decades.

Discount Retailers Get More Fashionable Addresses

By JULIE SATOW
As commercial rents fall and more buyers look for off-price fashions, discount clothing retailers are expanding in Manhattan.
DealBook

Pfizer to Buy King Pharmaceuticals for $3.6 Billion

By DEALBOOK
Pfizer agreed to buy the maker of pain medication for $3.6 billion in cash, in the giant drug maker's first major deal since its blockbuster purchase of Wyeth last year.

FINANCIAL & FOREX INFO ( F & F I N ) : U. S . Markets At Close Snapshot. Oct. 12th., 2010




FROM: THE WALL JOURNAL
                                



 Major Stock Indexes
LastChange% Chg
DJIA*11020.4010.060.09
Nasdaq*2417.9215.590.65
S&P 500*1169.774.450.38
DJ Total Stock Market*12248.3848.400.40
Russell 2000696.042.580.37
Global Dow1996.23-5.82-0.29
Japan: Nikkei Average*9388.64-200.24-2.09
Stoxx Europe 600*262.48-0.72-0.27
UK: FTSE 100*5661.59-10.81-0.19








SOURCE : WSJ


































































The Washington Post : Today's Most Read articles. Oct. 12th., 2010


Most Viewed Articles on washingtonpost.com

1) Italy's crackdown on Gypsies reflects rising anti-immigrant tide in Europe

MILAN - This venerable city, long known for savory saffron risotto and the leggy models of Fashion Week, is moving to establish itself as something else: a zero-tolerance zone for Gypsies.

2) Making a mess of sex on the airwaves

It's one thing for sex to be inescapable on TV sitcoms and topical dramas we expect it. But now sex is a recurring topic in political campaigns, and hence intrudes on the morning news programs and Sunday conversationals. Nutty candidates for relatively high office, all but ignoring such truly wo...

3) The Fix: GOP hammers away at Joe Manchin

1. The National Republican Senatorial Committee is ramping up its commitment in the West Virginia Senate race with new radio and newspaper ads running today.

4) Rise of the 'ordinary' elite

In America, the end of meritocracy will come about slowly.

5) After mortgage meltdown, Barney Frank gets another chance to remake housing finance

Rep. Barney Frank, the disheveled, fast-talking Democrat from Massachusetts, had long been known more for his acerbic tongue than for the cause that has captivated him since he was a young aide in the Boston mayor's office.

6) Tysons commuters to 'bite the traffic bullet' with closures, bridge demolition

A collection of road closures, new traffic lights, lane shifts and the demolition of the Westpark Bridge at the Capital Beltway in Tysons Corner means one thing for already traffic-clogged commuters: Expect more delays.

7) Desperation tactics on campaign finance

The Democrats are waging the same sort of smear campaigns they lament.

8) Will they turn out for him?

If Obama doesn't want to look bad, he'll have to deliver the black vote.

9) 'Hawaii Five-O's' record-breaking DVR surge

CBS's premiere of its reconstituted cop show "Hawaii Five-O" -- starring Alex (Third Time's a Charm) O'Loughlin -- is officially the most DVR'd show of all time.

10) Playboy son of NKorea leader raps succession plan

BEIJING -- The casino-loving eldest son of North Korea's Kim Jong Il - once tipped to succeed him before trying to sneak into Japan to go to Disneyland - says he opposes a hereditary transfer of power to his youngest half-brother.

F & F I N : FOX BUSINESS .- Coming Foreclosure Probe.- Oct. 12., 2010





Home Foreclosure
Coming Foreclosure ProbeAt least two-dozen state attorneys general will announce one of the largest probes to target banking practices in years. | WATCH

FOX Business: THE POWER TO PROSPER

Next Reform: Government Pensions

They're Burning Your Money State governments have $3.5 trillion in unfunded pension liabilities. | WATCH

Fed Minutes Nudge Markets Higher

The Dow flirted with positive territory after the Fed released a report showing it's leaning toward a second round of qualitative easing.

Deepwater Drilling Ban Lifted

The Obama administration lifted its ban on deepwater drilling weeks ahead of its Nov. 30 deadline.

What If the Republicans Take Congress?

WATCH Would a GOP-controlled legislative branch have any impact on economic policy?

F & F I N : Reuters .- Deals Today.- Pfizer to buy King Pharma for $3.6 billion in cash .




MarketWatch : Special Financial Services: Hedge Funds / Canadian Markets

MarketWatch
SPECIAL FINANCIAL SERVICES
Hedge Funds: Dell CEO may bid for PC maker: Maverick manager
 
By Alistair Barr MarketWatch


Hedge-fund manager targets big tech stocks, and sees more buybacks and dividends from the cash-rich sector.  


 
By Ashley Lau 


The TSX falls after reports of China’s reserve requirement increase renewed concerns of a slowing economy, which could hurt demand for oil and gas. 




Mining Interactive.- Tumi to drill four (4) Drill-Ready Projects in Mexico and Sweden. Oct. 12th., 2010



October 12, 2010
TUMI RESOURCES LTD.
TUMI TO DRILL FOUR DRILL-READY PROJECTS IN MEXICO AND SWEDEN
Dear Friends:

If you are invested in Tumi then today’s press release will give you the blueprint for the Company’s exciting exploration and drilling season ahead.  Consequently it is a must read for all of you, as well as those of you that are not invested yet.

So, without further ado, go directly to the press release by
David Henstridge, President & CEO of Tumi:
View Today's Press Release

All Aboard?
Stay Tuned - - - there will be steady news flow Tumi in the 4th Quarter!!
Regards,
Nick L. Nicolaas
Mining Interactive "Ahead of the Pack"

MiningInteractive Videos
Click Here
Stay tuned for the most recent updates on Tumi Resources and other leading junior exploration companies through the MiningInteractive Video Interviews.
Nick L. Nicolaas
(604) 657-4058
nick@mininginteractive.com