Delays in U.S. and international orders for Lockheed Martin Corp's new F-35 fighter jet will increase its total cost, Lockheed and U.S. officials said on Tuesday, as Italy announced a cut in spending on the warplane.
Media rumors on the impending iPad 3 launch could turn out to be true as retail shops are also moving fast to clear their stocks of iPad 2. The first week of March is considered as the most likely period for the launch of Apple's next generation iPad, dubbed iPad 3 and a Michigan-based supermarket chain has already slashed the price of iPad 2 to clear its shelves for the new tablet.
The average price for a gallon of gasoline in the United States rose nearly 12 cents in the past three weeks to about $3.51, due in part to higher prices for North Sea crude oil, according to the nationwide Lundberg Survey.
The average price for a gallon of gasoline in the United States rose nearly 12 cents in the past three weeks to about $3.51, due in part to higher prices for North Sea crude oil, according to the nationwide Lundberg Survey.
The International Energy Agency lowered its forecast for global oil demand for the sixth consecutive month because of the continuing weakness of the global economy, sending shares of crude oil down with it.
Sony is offering consumers the opportunity to buy PS Vita games at a discounted price if they purchase their games online through the Sony Entertainment Network (SEN) in an effort to increase sales and cut out middle men like video game retailer Game Stop.
Oil fell from the highest level in three weeks ending a whole week of upward trend even as fears over a worsening eurozone debt crisis and its potentially disastrous impact on global commodity demand were contradicted by signs and figures of a quicker recovery from the U.S.
The continuing decline in earnings has mainly been attributed to currency fluctuations and the rising interest costs. Also, all the major mobile phone service providers in the country are engaged in a bitter tariff war.
Gold fell 1 percent on Friday, its biggest one-day loss in over a month, after encouraging U.S. payrolls data smashed hopes of extra stimulus from the Federal Reserve, which had been priced into bullion's recent rally.
Gold prices rose for a second straight day on Wednesday in correlation with the euro. It came on the same day that the Global Investor Confidence index measured by State Street Global Markets fell just more than two points, suggesting that the continuing economic turbulence is fueling investors to seek out more stable assets like gold.
Many analysts remain bullish on gold and expect it to continue to rally in 2012.
Within days, Facebook is expected to file for an initial public offering with the U.S. Securities and Exchange Commission, for the first time doing a public financial strip tease.
Although plenty of early-adopters worldwide have already pre-ordered the Play Station Vita (http://www.ibtimes.com/articles/289809/20120130/ps-vita-games-price-release-date-playstation.htm) for $349.99, optimistic penny-pinchers may want to hold their breath, in the hopes that Sony or its retailers will drop the price in the weeks following the PS Vita's global release on February 22nd.
Facebook is preparing to launch their historic initial public offering as soon as this week, with public sales of stock expected to begin in April. Facebook's IPO will be the largest ever at $10 billion; six times larger than Google's, whose IPO was $1.64 Billion in 2004.
Samsung's highly anticipated Galaxy Note device will hit AT&T shelves on Feb. 19 and will run on the wireless carrier's 4G LTE network. The price? A cool $299.99 with a 2-year contract.
The PlayStation Vita--the latest handheld gaming system from Sony--will soon reach North America, and rabid gamers are geeking out while waiting for the release date, Feb. 22, unless they've pre-ordered the first edition bundle pack. The PS Vita will have a base price of $249.99 or a bundle pack with games for $349.99.
Gold ticked lower Monday after earlier rising to its highest in more than seven weeks as investors awaited the outcome of Greece's debt deal talks, but sentiment was supported by a firmer euro and lower-than-expected U.S. growth data.
Demand from emerging markets and financial flows will keep crude prices high and volatile in a range from $105 to $125 per barrel in 2012, Petrobras CEO Jose Sergio Gabrielli said on Saturday.
When the San Francisco 49ers lost the NFC Championship game last weekend, missing out on a chance at the 2012 Super Bowl, it didn't quite hit home for Johnny Price, the team's 4-year-old fan, until Tuesday. A tearful video of Johnny crying because the 49ers won't be a part of the Super Bowl game next week was posted on YouTube and it went viral on Friday.
Nokia's ambitious launch of Lumia 900 is indeed shocking if the price is $99 only, based on a 2yr data plan.
Gold prices jumped Thursday after the Federal Reserve surprised markets by saying ultra-low interest rates will continue through 2014.
Silver is currently on a bullish cycle and the price of bullion is likely to rise from current levels around $32 per ounce to $50 and beyond this year, Swiss banking giant UBS said in a note to clients Tuesday.
