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GENERAL NEWS: For July 29th, 2010:

  • Exxon Mobil Second-Quarter Profit Climbs After Oil Prices Rise Exxon Mobil Corp. posted its biggest profit increase since 2003, exceeding analysts? estimates, as rising production helped the largest U.S. oil company take advantage of gains in energy prices.


  • Stocks Reverse Gains as Technology Slumps; Treasuries Advance U.S. stocks fell, sending the Standard & Poor’s 500 Index lower for a third day, as earnings and forecasts disappointed investors at technology and consumer companies. A gauge of commodities rose to a 12-week high on speculation the economic recovery will boost demand.


  • Play VideoYacktman Says Microsoft `Dirt Cheap,' Viacom, ConocoPhillips Attractive Donald Yacktman , whose $2.3 billion Yacktman Fund has outperformed 97 percent of funds with similar objectives over the past five years, said he likes shares of Microsoft Corp. , Viacom Inc. and ConocoPhillips .


  • Toyota Recalling 480,000 Vehicles for Steering Flaws

FINANCIAL NEWS : For July 29th, 2010:

  • MEG Energy Raises $674 Million After Scaling Back Initial Share Offering MEG Energy Corp. raised C$700 million ($674 million) in an initial public offering of stock after the Canadian oil-sands developer partly owned by China’s Cnooc Ltd. slashed the deal’s size as much as 37 percent.


  • Play VideoYacktman Says Microsoft `Dirt Cheap,' Viacom, ConocoPhillips Attractive Donald Yacktman , whose $2.3 billion Yacktman Fund has outperformed 97 percent of funds with similar objectives over the past five years, said he likes shares of Microsoft Corp. , Viacom Inc. and ConocoPhillips .


  • Molycorp Tumbles 14% on First Day After Reducing Rare-Earth Stock Offering Molycorp Inc., owner of the world’s largest non-Chinese deposit of rare-earth metals, declined in its first day of trading after chopping the size of its initial public offering by 18 percent.


  • Canadian Stocks Advance on Earnings at Suncor, Potash Corp.; Cenovus Slips Canadian stocks rose for the first time in three days as Suncor Energy Inc. and Potash Corp. of Saskatchewan reported earnings that beat analyst estimates and insurers rallied.


  • U.S. Stocks Fluctuate on Earnings, Forecasts Before GDP Data

  • Green Mountain Coffee, Itron, Kellogg, QEP, Symantec: U.S. Equity Movers

  • U.S. Stocks Erase Losses as Shares of Goldman Sachs, Microsoft Advance

  • Stocks Close Little Changed; AstraZeneca Rises as Unilever Shares Retreat

  • Cisco Systems Trading Halted for Five Minutes by Exchange Circuit Breakers

  • Bovespa Stock Index Fluctuates as Tele Norte Drop Offsets Rate Speculation

  • European Stocks Climb; Capgemini, Telefonica Lead Advance

  • Lexmark Puts Should Be Purchased Given Competition, Morgan Stanley Says

  • DAX Index Retreats for Second Day; MAN, Deutsche Lufthansa Lead Declines

  • Molycorp, Envestnet Slash IPOs, SurgiVision Postpones

  • Italian Stocks Advance; Azimut, Finmeccanica, Lottomatica, Saipem Active

Securities Offered Through

 

Quest Capital Strategies, Inc.

Member FINRA & SIPC
23832 ROCKFIELD BLVE. SUITE 130
LAKE FOREST, CA 92630
Phone: 949-830-4885

Past performance is no guarantee of future results. A list of securities or portfolio presented does not imply future results, it is only for mathematical or presentation purposes. Although information that may be contained in this mail has been obtained from sources, which we believe to be reliable, we do not guarantee that is is accurate or complete and any such information may be subject to change at any time. It is also not intended as an offer or a solicitation to buy or sell. please verify your own financial status, investment objective and exercise extreme caution for suitability before investing. Products and services available through Quest Capital Strategies, Inc. are not FDIC insured not guaranteed by any bank and are subject to investment risk including the possible loss of the principal amount invested. Authors, RR's and /or officers of Quest Capital may hold positions in the securities mentioned. Quest Capital with its clearing firm Any obtain payment for order flow from third party market makers in addition to the commission charged. You may contact the compliance department in writing for any concerns or complaints at address on the left. All investment payments and certificates must be made payable to RIDGE Clearing or approval mutual fund/insurance sponsors.

 

All mutual fund and security purchases are made through prospectus only.  Read the prospectus for details relating to investment objectives, sales charges, management fees, etc.and other information pertinent to the investment.

 

Uma S. Murthy,

Registered Representative,

P.O.BOX  983,

MATTESON, IL 60443

Phone: 708-692-3290

Fax:708-423-5081