Can the financial markets recover from their recent decline in the face of the end of QE2? We believe that the answer is clearly “yes.”
President Barack Obama promised to support democracy in nascent revolutions in the Middle East on Friday, saying he would push for billions of dollars in financial incentives for Egypt and Tunisia on Thursday in the wake of uprisings across the region in recent months.
Deutsche Bank AG denied in court that it conspired to cause the collapse of German media mogul Leo Kirch's business empire that led to years of legal battles.
Today's new Gold Demand Trends from the World Gold Council show interesting data about gold demand in China. China is now 10 years into opening up its gold market - half as long as India. But since nabbing the No.2 spot in terms of private demand in 2005, it's only grown hungrier for gold bullion, despite becoming the world's No.1 mining-producer nation, too.
In March 2010, we predicted that gold demand in China would double by 2020, however, we believe that this doubling may in fact be achieved sooner. Increasing prosperity in the world's most populous country coupled with their high affinity for gold will serve to drive demand in the long-term.
The companies whose shares are moving in pre-market trade on Wednesday are: Eastman Kodak, PetSmart, Eaton, First Majestic Silver, Salesforce.com, Big Lots, Advance Auto Parts, Merck & Co, Applied Materials and Intel Corp.
Ford Motor Company India will invest $72 million in expanding its diesel engine production capacity by over 30% in India within next one year, the carmaker said in a statement.
Macy's Inc regained its investment grade debt rating on Wednesday from Standard & Poor's, which cited the retailer's robust performance, with results ahead of peers.
Mark Carney, a former Goldman Sachs employee and the current Governor of Bank of Canada, is a huge commodities bull.
Spot Gold prices rallied against all major currencies on Wednesday morning, hitting $1491 per ounce and rising 1.2% from yesterday's eight-day low as stock and commodity markets also gained.
The companies whose shares are moving in pre-market trade on Wednesday are: Safeguard Scientifics, Jaguar Mining, Analog Devices, Abercrombie & Fitch, NYSE Euronext, Titanium Metals, BJ's Wholesale Club, Target, Nvidia, Hewlett-Packard and Apollo Group.
General Motors will build its first major electric motor plant near Baltimore in Maryland, which will be the first of its kind to manufacture critical components for vehicle electrification. It is scheduled to open in 2013, the carmaker said in a statement.
Morgan Stanley aims to raise 1.5 billion yuan ($230 million) in its first yuan-denominated private equity fund in China, joining rivals such as the Carlyle Group and Blackstone for a piece of the booming market.
Organizations hoping to relocate applications into the cloud have five preferences: rehost on infrastructure as a service (IaaS), refactor for platform as a service (PaaS), revise for IaaS or PaaS, rebuild on PaaS, or replace with software as a service (SaaS), according to a report by Gartner Inc, an information technology research and advisory corporation providing technology related insight.
In my mind it was just one of those raids that we experience from time to time. There was no particular reason for it. And then we end up with 5 margin rate increases. It just reeks of someone manipulating the price of silver down.
The two hottest personalities in the hedge fund industry just disagreed about the hottest investment in the world.
Revenues at the world's biggest investment banks fell 5 percent to $52 billion in the first quarter of 2011, hit by Middle Eastern unrest, natural disasters, volatile commodities and economic uncertainty, a consultancy said in a report on the industry.
The bull market that began in March 2009 may be over, warned a report from Standard & Poor’s.
William Henry Bill Gates III, co-chair of the Bill & Melinda Gates Foundation, laid out his vision for the impact that broadening access to vaccines can have on the world.
The companies whose shares are moving in pre-market trade on Tuesday are: VF Corp, Domino's, Saks, Cliffs Natural Resources, Carnival, Diamond Offshore Drilling, Douglas Dynamics, Hewlett-Packard, Western Refining and Phoenix New Media Ltd.
Gold Bullion prices were little changed below $1500 per ounce on Tuesday morning, but fell for non-US investors as the Dollar eased back on the currency market and European equity markets cut their earlier losses.
Honeywell International and BorgWarner have settled their dispute over the patent-infringement lawsuit brought by BorgWamer over a titanium wheel used in engine turbochargers.
