RBC Capital Markets initiated its rating on shares of Zuoan Fashion Ltd (NYSE: ZA) at outperform, speculative risk and a price target of $9.
Cher’s former Miami Beach home is now on the market for $10.2 million with a price cut of $4.7 million.
Barclays Capital raised its 2011 oil price forecasts on Thursday to reflect the cumulative effect of the fundamental and geopolitical developments in 2011 and importance of events over the past 10 days in particular, the company said in a note to clients.
Gold hit its second new record high on the trot at the London Gold Fix on Thursday morning, hitting $1441.25 per ounce for US investors as the Dollar held flat on the forex market, and US crude oil rose.
RBC Capital Markets upgraded its rating on shares of MICROS Systems, Inc. (NASDAQ: MCRS) to outperform from sector perform, as the company's next phase of growth emerged.
Though Apple's iPad has long held the price advantage, recent announcements from RIM and Samsung show that rival tablets are finally starting to close the tablet price gap.
The Gold Price rose sharply against all major currencies on Wednesday, touching near-two-week highs against the Dollar even as the US currency rose amid fresh European debt and budget concerns.
Private equity firm Apollo Global Management LLC lowered the expected range for the price of its initial public offering after delaying its filing as a nuclear crisis in Japan and democracy protests in the Middle East rocked markets.
The average transaction prices for key fuel-efficient Japanese imported cars in the United States are starting to creep up in the wake of the quake and tsunami in Japan that caused supply disruptions, according to an analyst.
The UK factory orders rose to a three-year high in March as strengthening domestic demand boosted manufacturing output in the country.
Consumer prices in Britain rose more than expected in February, strengthening speculation over interest rate hike by the Bank of England (BoE).
Samsung SDI Co Ltd <006400.KS> has agreed to plead guilty and pay a $32 million criminal fine for its role in a scheme to fix prices of color display tubes, the U.S. Justice Department said on Friday.
Procter & Gamble Co
will raise detergent prices by 4.5 percent in June as the world's largest household products maker starts to respond to rising costs for materials, packaging and transportation.
Consumer prices in the US rose slightly more than expected in February, as energy prices increased sharply.
Consumer prices rose at their fastest pace in more than 1-1/2 years in February, driven by higher food and energy prices, a government report showed on Thursday, but underlying inflation pressures remained generally contained.
Two top energy market operators redoubled their defense of speculators on Wednesday amid renewed concerns in the oil market, arguing that speculators are misunderstood and often too quickly blamed for price spikes.
The Gold Price ticked higher in London trade on Wednesday, holding above yesterday's 4-week lows to reach $1400 per ounce, as a rally in Japanese shares failed to prevent further losses in global stock markets.
The U.S. factory gate inflation in February rose 1.6 percent on a seasonally adjusted basis, following advances of 0.8 percent in January and 0.9 percent in December.
The Cruise Lines International Association predicts that about 16 million people will go on a cruise vacation this year, up 6.6 percent from 2010. According to industry experts, cruising makes up about 3 percent of the travel industry in the United States.
The aftermath of Japan's disastrous earthquake and tsunami could temporarily ease the rise in rare earth prices, but overall demand is likely to continue to outstrip supply for the next few years, an industry executive said.
The Gold Price dropped 3% to four-week lows vs. a rising US Dollar on Tuesday morning, as world stock-market and commodity prices sank on worsening radiation leaks from north-east Japan's earthquake-hit nuclear plants.
The Federal Reserve looks set to maintain its ultra-loose monetary policy on Tuesday as lofty oil prices and swooning stock markets after Japan's ravaging earthquake raised doubts about the economy's path.