Chains of habit are too light to be felt until they are too heavy to be broken
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2nd Resistance Point 3.42
1st Resistance Point 3.19
Last Price 2.97
1st Support Level 2.77
2nd Support Level 2.58
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BRUSSELS (AFP)--Europe's farm ministers Monday rejected a controversial
European Union proposal allowing member states to make their own decisions on
whether or not to ban genetically modified crops as a way out of deadlock.
With the EU divided on genetically modified crops, the European Commission
proposed giving nations the individual freedom to ban or grow GM crops while
allowing free circulation of GM goods in line with WTO rules.
But France and Italy, backed by big farming nations including Germany and
Spain, refused the idea of the EU shifting the onus on to member states.
"Italy does not support the proposal...Each for himself undermines the
foundations of the common agricultural policy," said Italy's farm minister
Giancarlo Galan.
"France wants a common decision," agreed French minister Bruno Lemaire.
"Opting for national decision-making would give a wrong signal to European
citizens and a wrong signal for the common agricultural policy."
Germany's position was even tougher, with Robert Kloos "twice saying 'Nein'",
a spokesman said.
Sabine Laruelle, agriculture minister for Belgium, which holds the rotating
presidency of the 27-nation bloc, said "a great majority of countries have many
queries about the relevance of giving more power to the states.
"We won't find a compromise or consensus in just a couple of months," she
added.
A final decision on the commission plan now rests with EU environment
ministers, who meet Oct. 14 in Luxembourg, but environment chiefs have
traditionally taken a tougher stance than their farming counterparts on what
detractors call "Frankenfoods."
GM cultivation remains relatively limited in the EU, with six member states
banning Monsanto Co.'s (MON) Mon 810 corn--Austria, France, Germany, Greece,
Hungary, Luxembourg--and Poland banning all GM crops.
To give opponents a legal basis against GMs, EU Health Commissioner John
Dalli had suggested that over and above EU-wide scientific restrictions,
nations be able to ban them across all or part of their territory for
socioeconomic, ethical or moral reasons.
The commission, he said recently, was neither for nor against GMs.
"But in today's world, they are a reality," he said. "Europe cannot stand
idle and deny itself the political responsibility to take decisions and
implement a policy of responsible innovation."
Click here to go to Dow Jones NewsPlus, a web front page of today's most
important business and market news, analysis and commentary:
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(END) Dow Jones Newswires
09-27-10 1101ET
11:01 092710
The proposal for a preferential allotment of shares has been approved by the Board of Directors of Sify Technologies Limited at a Board meeting held on August 4, 2010 and subsequently recommended to the shareholders at the Board Meeting held on August 24,2010 for their approval at the ensuing Annual General Meeting to be held on September 27, 2010. The proposed allotment of shares is subject to the approval of shareholders by a special resolution and relevant statutory and regulatory authorities, wherever applicable.
dang we nailed this one manggggggggggggggggg / nextttttttttttttt
im not sure why either my friend but i like the name abbreviation for mine you know cifi - sifi hahahaah so i think she could be a winner we will see i will keep this board updated nice to meet you
Sify considers issue of Indian equity shares for USD 86 million to Promoters Group
http://www.sifycorp.com/scripts/content.asp?pressid=998047615
SICKOOOOOOOOOOO KILLLLLLLLLAAAAAAAAAAAAAAAAAA
FOLLOW THE INSIDER? $MCO Warren Buffett Sells Moody's, Again
Warren Buffett's Berkshire Hathaway has sold shares of Moody's (MCO) for the second consecutive time in a week. Per a Form 4 filed with the SEC, Berkshire Hathaway sold 560,000 shares of MCO at an average price of $25.725 on September 20th. http://seekingalpha.com/article/226621-warren-buffett-sells-moody-s-again?source=yahoo
FOLLOW THE INSIDER? $EXAR Soros Fund Buys $10.5M Worth of Exar
George Soros' hedge fund firm Soros Fund Management just filed a Form 4 with the SEC regarding shares of Exar Corp (EXAR). Per the filing, Soros purchased 794,164 shares of EXAR on September 21st at a weighted average price of $5.71 http://seekingalpha.com/article/226918-george-soros-adds-to-exar-position?source=yahoo
http://www.exar.com
$MON stock for thought
Year High 87.06 Year High Date 2010-01-11
Year Low 44.61 Year Low Date 2010-07-07
52wk High 87.06 52wk High Date 2010-01-11
52wk Low 44.61 52wk Low Date 2010-07-07
Year End Close 81.75 Average Volume 5,637,506
Shares Outstanding 540,450 Short Interest 10,021,640
% Institutional 80 Market Cap 29,930M
Assets 7,883M Liabilities 3,756M
P/E Ratio 29.77 Beta 0.84
Volatility 30.61 Yield 2
http://www.nasdaq.com/earnings/analyst_summary.asp?symbol=MON&symbol=CPF&selected=MON
http://www.nasdaq.com/asp/ExtendFund.asp?symbol=MON&symbol=CPF&selected=MON
Monsanto Co.
800 North Lindbergh Boulevard
St Louis, MO 63167
United States - Map
Phone: 314-694-1000
Fax: 314-694-1057
Website: http://www.monsanto.com
Details
Index Membership: S&P 100
S&P 500
S&P 1500 Super Comp
Sector: Basic Materials
Industry: Agricultural Chemicals
Full Time Employees: 22,900
Business Summary
Monsanto Company, together with its subsidiaries, provides agricultural products for farmers in the United States and internationally. It has two segments, Seeds and Genomics, and Agricultural Productivity. The Seeds and Genomics segment produces corn, soybeans, canola, and cotton seeds, as well as vegetable and fruit seeds, including tomato, pepper, eggplant, melon, cucumber, pumpkin, squash, beans, broccoli, onions, and lettuce. This segment also develops biotechnology traits that assist farmers in controlling insects and weeds, as well as provide genetic material and biotechnology traits to other seed companies. The Agricultural Productivity segment offers glyphosate-based herbicides for agricultural, industrial, ornamental, and turf applications; lawn-and-garden herbicides for residential lawn-and-garden applications; and other herbicides for control of preemergent annual grass and small seeded broadleaf weeds in corn and other crops. The company offers its traits products under Roundup Ready, Bollgard, Bollgard II, YieldGard, YieldGard VT, Roundup Ready 2 Yield, and SmartStax; row crop seeds under DEKALB, Asgrow, Deltapine, and Vistive; vegetable seeds under Seminis and De Ruiter; herbicides under Roundup; and corn and cotton under Harness brand names. It also licenses germplasm and trait technologies to seed companies. The company sells its products through distributors, retailers, dealers, agricultural co-operatives, plant raisers, and agents, as well as directly to farmers. Monsanto Company has a joint venture with Cargill, Inc. to commercialize a proprietary grain processing technology under the name Extrax. It also has a collaboration agreement with BASF in plant biotechnology that focuses on high-yielding crops and crops that are tolerant to adverse conditions. The company was founded in 2000 and is based in St. Louis, Missouri.
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still going weeeeeeeeeeeeeeeee $CRYP in da house
Gold prices were steady on Friday as disappointing data from the U.S. and Europe renewed concerns over the economic recovery, keeping market sentiment supported.
New claims for unemployment benefits in the U.S. rose last week, and Ireland's economy shrank 1.2 percent in the second quarter.
Spot gold [XAU=X 1293.4 -0.10 (-0.01%) ] edged down half a dollar at $1,293.05 an ounce, below the record high of $1,296.1 hit on Wednesday.
Gold is headed for a weekly gain of 1.5 percent, the second consecutive week of gains.
http://www.cnbc.com/id/39336031
Asian stocks fell on Friday, after a weak reading on the U.S. job market pushed down shares on Wall Street.
The FTSE CNBC Asia 100 Index [.FTFCNBCA 6346.29 -30.68 (-0.48%)] of bluechip stocks shed 0.6 percent.
Stocks in Japan slid 1.3 percent, with exporters under pressure amid the yen's resilience versus the dollar.
http://www.cnbc.com/id/39335998
Jobless data, home sales lead calendar
September 23, 2010 Thu 12:33 AM CT
Jobless Claims and Existing Home Sales are likely to be economic releases that traders will focus on today. Also scheduled is are remarks by Charles Evans, president of the Chicago Federal Reserve Bank, at 10:40 a.m. ET and Paul Volcker at 1 p.m. ET.
BACDepending on the content of their talks, there is always a chance for additional price swings during and following their appearances.
Jobless Claims will be released at 8:30 a.m. ET. Initial claims are expected to come in flat against the previous week at 450,000. The range is wide, with a skew to the upside, at a bullish 440,000 at the low and a bearish 475,000 at the high. Continuing claims are expected to drop to
4.46 million, down from 4.485 million.
Existing Home Sales will be reported at 10 a.m. ET. The consensus estimate calls for higher sales at 4.1 million units. The range is wide, from a bearish 3 million at the low to a very bullish 5 million at the high end.
Leading Indicators will also be released at the same time as home sales, at 10 a.m. ET. Consensus calls for the number to come in at up 0.1 percent, consistent with the previous month. The range is wide this time around, from a bearish drop of -0.2 percent to a bullish rise of 0.5 percent.
By: Bryan McCormick
Jobless data, home sales lead calendar
September 23, 2010 Thu 12:33 AM CT
Jobless Claims and Existing Home Sales are likely to be economic releases that traders will focus on today. Also scheduled is are remarks by Charles Evans, president of the Chicago Federal Reserve Bank, at 10:40 a.m. ET and Paul Volcker at 1 p.m. ET.
BACDepending on the content of their talks, there is always a chance for additional price swings during and following their appearances.
Jobless Claims will be released at 8:30 a.m. ET. Initial claims are expected to come in flat against the previous week at 450,000. The range is wide, with a skew to the upside, at a bullish 440,000 at the low and a bearish 475,000 at the high. Continuing claims are expected to drop to
4.46 million, down from 4.485 million.
Existing Home Sales will be reported at 10 a.m. ET. The consensus estimate calls for higher sales at 4.1 million units. The range is wide, from a bearish 3 million at the low to a very bullish 5 million at the high end.
Leading Indicators will also be released at the same time as home sales, at 10 a.m. ET. Consensus calls for the number to come in at up 0.1 percent, consistent with the previous month. The range is wide this time around, from a bearish drop of -0.2 percent to a bullish rise of 0.5 percent.
By: Bryan McCormick
Asian stocks drifted in quiet trade on Thursday, with major markets Japan, China, Hong Kong and South Korea closed for a public holiday. Investors also refrained from major moves, given key U.S. jobs and housing reports later in the day.
http://www.cnbc.com/id/39316846
Asian stocks drifted in quiet trade on Thursday, with major markets Japan, China, Hong Kong and South Korea closed for a public holiday. Investors also refrained from major moves, given key U.S. jobs and housing reports later in the day.
http://www.cnbc.com/id/39316846
Thursday Look Ahead: US Data, Forex Markets Take Centerstage
http://www.cnbc.com/id/39317192