Singapore billionaire Peter Lim has made a significant investment in UK-based sports car maker McLaren Automotive, the company said.
House prices are skyrocketing in the sun drenched Lebanese capital of Beirut, forcing working families to find affordable housing miles outside of town.
The price of silver rose early Friday at a rate that was nearly double the rate at which gold is rising.
Hewlett-Packard is making a bold move to reshape its business that analysts are applauding as having long-term upside. In the short term, however, investors are concerned about the cost and risks involved -- sending HP shares down 16.23 percent Friday in pre-market trading.
Gold charged to a record high early Friday in electronic trading as a host of bad economic news from around the world drove investors away from stocks for the safety of the yellow metal.
Verizon provides a very high annual dividend yield -- on the order of 5.6 percent.
In a bold move, Apotheker -- who took the job as HP CEO in November -- has decided to spin off the company's PC unit that accounted for 30 percent of sales in the most recent quarter. But it's not hard to understand why, since HP's PC unit, despite being the largest in the U.S., generated only a 5.9 percent operating margin.
Gold prices rallied more than 2 percent to a record highs on Friday as investors sought refuge from a second day of hefty losses on the stock markets, hurt by deepening concerns over slowing economic growth and the outlook for euro zone banks.
Mutual funds and other vehicles that purport to help investors fight inflation are the most popular new investment strategy being adopted by corporate retirement plans, according to a new survey released on Thursday.
U.S. Vice President Joe Biden said Friday China had nothing to worry about concerning the safety of its vast holdings of Treasury debt, while China's Premier Wen Jiabao gave a ringing endorsement of the resilience of the debt-ridden U.S. economy.
An ugly sell-off in global stocks gathered pace on Friday, on mounting concerns the U.S. economy is heading into another recession and as some European lenders faced a short-term funding crunch, highlighting the risk of a banking crisis.
An ugly selloff in global stocks gathered pace Friday, on mounting concerns the U.S. economy is heading into another recession and as some European lenders faced a short-term funding crunch, highlighting the risk of a banking crisis.
The top after-market NYSE gainers on Thursday are: MF Global Holdings, La-Z-Boy, Sanofi, Swift Transportation, Atlantic Power, MBIA, Salesforce.com, Barnes & Noble, Gap and Equity One.
The top after-market NYSE losers on Thursday are: LDK Solar Co, Hewlett-Packard, Aeropostale, Humana, GenOn Energy, First Commonwealth Financial and UBS AG.
Global stocks ceded more ground Friday, hurt by mounting concerns the U.S. economy is heading into another recession and as some European lenders faced a short-term funding crunch, highlighting the risk of another banking crisis.
Trust Company of the West CEO Marc Stern offered to be a sacrificial lamb to keep unhappy star bond fund manager Jeffrey Gundlach at the firm, he testified in court.
Star bond fund manager Jeffrey Gundlach concluded four days of testimony on Wednesday amid questions about his contact with two jurors in the case.
Bank of America is cutting 3,500 jobs this quarter and working on a restructuring that could eliminate thousands of additional positions, the Wall Street Journal reported, adding to a slew of layoff by major banks.
The U.S. stock market had a mini-meltdown on Thursday as fears about a second recession in the United States and Europe rattled investors.
India's centuries-old gold industry is the world's biggest market for the metal, with imports meeting almost all the country's 800-900 tonnes per year requirements for jewellery and investment.
We must not lose sight that Treasury yields have been artificially lowered by the massive buying program of the Federal Reserve associated with QE2.
You're interested in buying gold. How could you not be? Every other day or so it notches a new record high. So what do you do, especially with all the choices?