Marijuana called pot, grass, weed -- now investment
It has been called a lot of things over the years: grass, pot, Mary Jane, wacky weed. Now, researchers are suggesting a new moniker for marijuana: alternative investment.
Gold & Silver Bullion Hit New Record Highs, Price Ratio Has Plenty More Room
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.
Baker Hughes Stock Hits New High After UBS Upgrade
UBS Securities upgraded its rating on shares of Baker Hughes Inc. (NASDAQ: BHI) to buy from neutral and increased its price target to $87 from $73. The stock touched a new 52-week high of $72.40 during Thursday's early trade.
Pre-Market NASDAQ Movers (TSON, CHRS, CSUN, MU, TASR, MNOV, SPU, IRDM, JRCC, GLNG)
The top pre-market NASDAQ Stock Market gainers are: TranS1, Charming Shoppes, China Sunergy, Micron Technology, and TASER International. The top pre-market NASDAQ Stock Market losers are: MediciNova, SkyPeople Fruit Juice, Iridium Communications, James River Coal, and Golar LNG.
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Post-Market NASDAQ Movers (ZLCS, PACB, OPTR, MU, YRCW, MNOV, IRDM, ASNA, AIMC, GSIG)
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World Market Overview Report 24/03/2011
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Germans Move To Exit The Nuclear Age
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AOL Upgraded at UBS Securities
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Investment Management Firm Expands The Launch Of AI Technology That Innovates Investment Decision Making
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Jas Mathur: The New Force Behind Invest Inc.'s Disruptive Mission
More news
U.S. Equity Strategy: Intermediate-term low is near
RBC Capital Markets said the ultimate low in the U.S. equity markets might not have been reached, but a bottoming process has probably started. The brokerage said most of the technical indicators suggest that an intermediate-term low is near. Readings from sentiment, positioning and internal momentum indicators reveal much more damage under the hood than at the index level.
Japan's earthquake to set nation back by $309 billion
Japan's government has said that the cost of March 11 earthquake, tsunami and nuclear radiation woes, which have devastated the country, could reach $309 billion.
Obama administration releases tool kit for states to “race to the top” in college graduation
The new toolkit released contains recommendations of seven no-cost or low-cost strategies that governors can use to boost college completion rates in their states.
World Market Overview 23/03/2011
U.S. stocks pulled back in a sleepy session Tuesday as investors paused after a three day rally that helped the market regain ground after several weeks dominated by unrest in the Middle East and Japan's earthquake.
Exclusive: Insight Communications explores sale, again: sources
Insight Communications Co, the cable operator controlled by The Carlyle Group, is seeking up to $4 billion in a sale of the company, people close to the deal told Reuters.
A Sense of Calm is Returning to the Markets: Omnivest
There is a clear sense of calm returning to the financial markets after the horrific earthquake in Japan and the leveling of the playing field in Libya. Though the damage associated with Japan’s earthquake is clearly immense, its economic impact will mostly be localized.
Buffett says looking at investing in India
Billionaire investor Warren Buffett said on Tuesday he was looking to invest in large countries like India.
China's Gold Buying Fever Continues as Eurozone Vigilance & Shock UK Inflation Data Whack the Dollar
The Euro price of Gold Bullion today slipped back to last week's finish just below €32,000 per kilo - reversing Monday's 1.0% rise - as the single currency hit new 6-month highs to the Dollar above $1.4240.
Pre-Market NASDAQ Movers (MOTR, DRYS, NFLX, CRIS, ZION, MAIL, AGNC, SWKS, HBHC, MU)
The top pre-market NASDAQ stock market gainers are: Motricity, DryShips, Netflix, Curis, and Zions Bancorp. The top pre-market NASDAQ stock market losers are: IncrediMail, American Capital Agency, Skyworks Solutions, Hancock Holding, and Micron Technology.
PIMCO raises $1.5 billion to target bank assets: report
Pacific Investment Management Co , the manager of world's largest bond fund, has raised more than $1.5 billion for a new fund to buy assets from banks looking to strengthen their balance sheets, Bloomberg said, citing two people with knowledge of the fundraising.
Gold gains for fifth consecutive day on safe haven demand
Gold prices rose for a fifth straight day on Tuesday, driven by safe haven demand amid continued uncertainty in the Middle East and the nuclear crisis in Japan.
Post-Market NASDAQ Movers (ATRN, MKTAY, HOTT, MITI, PACR, COHU, JRCC, PLAB, AGNC, ONNN)
The top after-market NASDAQ stock market gainers are: Atrinsic, Makita, Hot Topic, Micromet, and Pacer International. The top after-market NASDAQ stock market losers are: Cohu, James River Coal, Photronics, American Capital Agency, and ON Semiconductor.
Rajaratnam trial hears Hilton takeover evidence
Raj Rajaratnam made $4 million on Hilton Hotels stock when the company was bought by Blackstone Group LP in July 2007, jurors heard on Monday, as prosecutors pressed their case that the hedge fund founder had profited from inside tips about pending deals.
Kenya to remove some tax exemptions in 2011/12 budget
Kenya plans to remove tax incentives in the 2011/12 (July-June) fiscal budget and widen collection to rope in more small businesses to increase revenues, Finance Minister Uhuru Kenyatta said on Monday.
Schwab To Buy optionsXpress For About $1 bln
Charles Schwab said it agreed to buy optionsXpress Holdings for about $1 billion in stock to expand in the fast-growing options trading space.
SunTrust Banks Dividend Hike to Come in Q2 or Q3: Analyst
RBC Capital Markets anticipates a dividend increase from SunTrust Banks Inc. (NYSE: STI) to come either in the second quarter or the third quarter of 2011. The brokerage expects the quarterly dividend to go to 8 cents a share (about 20 percent payout).
Citigroup Sets Reverse Stock Split, Resumes Dividend
Citigroup announced a 1-for-10 reverse stock split of its common stock and plans to reinstate a quarterly dividend of $0.01 per common share in the second quarter of 2011.
Gold Investment Grows on Forex Volatility as Libyan Air-Strikes See Silver, Crude Oil & World Equities Jump
Gold prices jumped vs. a falling Dollar at the start of Asian trade on Monday, hitting near-two-week highs for US investors as crude oil also leapt following the weekend's joint UN air strikes on Libya.
Warren Buffett says Japan quake presents buying opportunity
Billionaire investor Warren Buffett said on Monday that Japanese stocks were good investments after the deadly earthquake that hit the world's third-biggest economy last week.
Investment bank income down 23 percent on year
Income for top investment banks fell by almost a quarter last year to $167 billion from a record performance in 2009, according to an industry report.
World Market Overview 21/03/2011
U.S. stocks climbed higher Friday, as fears of increased violence in Libya ebbed and currency interventions helped to relieve investor worries over Japan's economy.
Gold Unwinds Weekly Drop as Real Interest Rates Plunge
Prices to Buy Gold rose above $1418 per ounce Friday lunchtime in London, reversing this week's earlier 2.4% drop as crude oil fell and world stock markets rose further after news of an immediate cease-fire by the Gaddafi regime in Libya, prompted by the United Nations' no fly zone agreement.
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