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BlackRock profit rises on ETF demand

BlackRock Inc , the world's largest asset manager, said its third-quarter profit increased 8 percent as investors sought out the firm's exchange-traded funds despite tough market conditions.
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U.S. Stocks: 5 Reasons Why the Dow Will Fall to 10,000 by June

You can't blame investors for feeling a bit cautious regarding the Dow Jones Industrial Average's (DJIA) recent push from 10,700 to 11,140 in the past month. The stock market's bears say it's a false rally, and the Dow is likely to fall. Here's why.
Pravind Jugnauth

Mauritius sees FDI falling 42.6 pct in 2011: finmin

Mauritius sees foreign direct investment (FDI) to the Indian Ocean island falling by 42.6 percent in 2011, from record levels last year when investment was boosted by two exceptionally big deals, its Finance minister said on Tuesday.
Molten gold

Gold Plunging More Than 2%, May Fall Most in 2 Weeks

Gold was set for its largest one-day fall in two weeks on Tuesday after U.S. bank Goldman Sachs reported a quarterly loss, which coupled with evidence of slowing Chinese growth and mounting Eurozone concerns, lifted the dollar.
Goldman Sachs

Goldman Sachs Q3 Loss is Greater than Expected

Goldman Sachs Group Inc posted a wider-than-forecast loss of $428 million for the third quarter, only its second quarterly loss as a public company, hurt by sharp declines in the value of investment securities and customer trading assets.

NASA Contracts With Virgin Galactic For Flights on SpaceShip Two

Space fans saddened by the retiring of the space shuttle Endeavor will be excited to learn that NASA has contracted a private spacecraft for at least one chartered flight into near space. The U.S. space agency has confirmed a deal with Virgin Galactic, Richard Branson's private-sector space initiative, for one suborbital flight on the company's spacecraft SpaceShip Two, with the option of two additional flights.

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