Gold headed for its largest one-day rise in nearly a month on Monday and silver climbed almost 5 percent after Greece warned it will miss deficit targets set to avoid bankruptcy, unleashing a sell-off in equities and commodities.
Stocks fell on Monday as concerns over Greece's teetering finances returned to the forefront, extending losses from the previous week.
Jack Ma, the founder and CEO of Chinese e-commerce giant Alibaba, is keen on buying Yahoo Inc if the opportunity presents itself and has held discussions with other potential buyers about options.
Yahoo shares jumped more than 5percent Monday after the chairman of China’s Alibaba said he’s interested in buying it, and Yahoo announced a news alliance with ABC News.
Stock index futures pointed to a lower open on Monday as concerns over Greece's teetering finances returned to the forefront and after equities suffered their worst quarter since 2008.
Stock index futures pointed to a lower open on Monday as concerns over Greece's teetering finances returned to the forefront and after equities suffered their worst quarter since 2008.
Three scientists shared the Nobel Prize for medicine Monday for their discoveries about the human immune system that forged the development of new treatments against infectious diseases and cancer.
The Alibaba Group has indicated that they have strong interest in acquiring Yahoo, Inc. (NASDAQ:YHOO). However, this is something that even Jack Ma, the Chief Executive Officer (CEO) of the Alibaba Group, understands will be complicated.
Dear Steve Jobs, Regarding the iPhone 5, I want to tell you that you have created the most global consumer demand for a product in the history of the world.
Stock index futures were modestly lower on Monday as concerns over Greece's teetering finances returned to the forefront and after equities ended their worst quarter since 2008.
The Chinese city of Wenzhou, an entrepreneurial city in the eastern province of Zhejiang, has set a legal threshold for interest rates on private loans, taking its first step to regulate the rampant underground loan market.
Gold headed for its third straight daily rise on Monday, having in September posted its largest monthly slide since 2008, after Greece warned it will miss deficit targets set to avoid bankruptcy, unleashing a sell-off in equities and commodities.
Stock index futures were modestly lower on Monday, extending equities losses from the previous session as concerns over Greece's teetering finances returned to the forefront.
The Apple Let's talk iPhone event is one day away and is the first time they ever had an iPhone event, separate from WWDC and at the Apple Headquarters this time.
Factory activity in Europe and Asia slumped in September to levels not seen since the depths of the financial crisis as export demand dropped, surveys showed on Monday, reinforcing fears of a return to recession.
September factory activity in some of Asia's biggest economies slumped to levels last seen during the depths of the financial crisis as export demand dropped, reinforcing fears that fading U.S. and European growth will spare no one.
Stock index futures pointed to a weaker open on Wall Street on Monday after steep declines in the previous session, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.6-0.9 percent.
September factory activity in some of Asia's biggest economies slumped to levels last seen during the depths of the financial crisis as export demand dropped, reinforcing fears that fading U.S. and European growth will spare no one.
Stock index futures pointed to a weaker open on Wall Street on Monday after steep declines in the previous session, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.6-0.9 percent.
Jefferies & Co. upgraded its rating on shares of Global Payments Inc. (NYSE: GPN) to buy from hold with a price target of $50.
Gold strengthened further on Monday as falling equities and lingering worries about a debt crisis in Europe drew investors to the precious metal, which posted its the biggest quarterly gain this year, but a firm U.S. dollar could still cap gains.
China is gaining the upper hand in its much vaunted friendship with Russia due to Beijing's shift away from relying on Moscow for advanced weapons and deep problems with energy cooperation, a report released on Monday said.