Bank of America's shares skyrocketed 25 percent on Thursday after announcing Warren Buffett's $5 billion investment in the company.
The price of gold extended losses Thursday after the Chicago Mercantile Exchange, the world's largest derivatives market, raised margin requirements on gold futures for the second time in a month.
You've got to put your money somewhere, right? Under the mattress doesn't really work as a retirement program. It's lumpy, vulnerable to theft and your kids might find it.
Steve Jobs stunning resignation as CEO of Apple on Wednesday and subsequent recommendation of Tim Cook to take his spot led to the question -- who is that guy?
The top pre-market NASDAQ Stock Market gainers are: TiVo, Clean Energy Fuels, F5 Networks, SodaStream International, and Prospect Capital. The top pre-market NASDAQ Stock Market losers are: Sigma Designs, Applied Materials, Infosys Technologies, Vodafone Group, Randgold Resources, and Apple.
SPDR Gold Trust said its holdings fell 2.2 pct, in its biggest one-day drop in seven months, as gold futures slid more than $100 on strong U.S. economic data and ahead of a key Federal Reserve meeting.
Commodities trader Glencore International posted a 50 percent rise in headline first-half profit and said it saw opportunities emerging from turbulence in its key markets as commodity demand remains strong.
Muammar Gaddafi will try to sell part of Libya's gold reserves to pay for his protection and sow chaos among tribes in the north African country, said his former central bank governor Farhat Bengdara.
For Eriko Ebina, standing outside a downtown Tokyo medical equipment store that has a side business buying gold, the recent surge in prices for the precious metal was just too tempting.
Harmony Gold may be undervalued but the world's fifth largest gold producer was not vulnerable to a take-over bid, Chief Executive Officer Graham Briggs said.
Gold extended losses on Thursday to fall as much as $200 from Tuesday's record high, as investors cashed in scorching gains in the metal after the CME Group hiked trading margins for the precious metal for a second time this month.
Finnish handset maker, Nokia, has launched two new phones, both of which are highly affordable. These are the Nokia 101 which comes at a cost of $36 (EUR25) and Nokia 100 that costs $28 (EUR20).
Steve Jobs' stunning resignation as CEO of Apple could have a major impact on the company's stock price during Thursday trading.
Stocks rallied for a second day on Wednesday as investors bought beaten-down financial shares and unloaded gold, but tech stocks could fall on Thursday after late news about Apple's Steve Jobs stepping down as CEO.
Trust Company of the West CEO Marc Stern asked his legal team to monitor the emails of ex-employee and star bond fund manager Jeffrey Gundlach after growing suspicious of his intentions to start a new firm, the CEO testified on Wednesday.
The independent Financial Industry Regulatory Authority warned investors Wednesday about investment scams that promote gold stocks whose real value is difficult to calculate.
The big price drop Wednesday in the price of gold is not the beginning of a trend, say analysts, but rather a pause in a longer term bull market that has a lot farther to run.
Gold fell Wednesday in electronic trading as investors took profits, economists heralded a positive indicator and Wall Street held its collective breath that the chairman of the U.S. central bank would signal support in a key speech later this week.
Hedge funds run by sophisticated computer programs are profiting from large falls in stock markets and a rocketing gold price this month, even as funds managed by human beings struggle to cope with high market volatility.
Hedge funds run by sophisticated computer programs are profiting from large falls in stock markets and a rocketing gold price this month, even as funds managed by human beings struggle to cope with high market volatility.
Silver prices and silver stocks led the descent Wednesday of precious metals with some silver mining companies falling more than 7 percent.
Bank of America shares surged more than 11 percent on Wednesday after J.P. Morgan predicted the company would raise capital in the near future.
