INVESTMENT

Pepsi Reported Weighing Job and Pension Cuts

A man stands next to a Pepsi advertisement while using an umbrella in the rain, in Rawalpindi
PepsiCo Inc is considering cutting about 4,000 jobs and reducing pension contributions in order to boost its earnings, the New York Post said, citing sources close to the situation.

Gold to Average $1,875 This Year: Barclays

gold and silver
Barclays Capital released its 2012 price outlook for precious metals Thursday. Despite short-term hurdles, a clouded macro-economic environment against a backdrop of low interest rates and political uncertainties continue to stoke investor appetite for a more diversified and less riskier portfolio.
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Iranian naval vessel

Safe Haven Appeal of Gold Re-emerges

Gold was on course for a fifth straight session of gains on Thursday as growing anxiety on Iran boosted its safe-haven appeal and rising seasonal demand in China buoyed sentiment.
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Children's Place cuts Q4 profit outlook

Children's Place Retail Stores Inc lowered its fourth-quarter earnings outlook, hurt by increased discounts to clear inventory, and the kids' clothes retailer said its comparable sales would remain flat.
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Asian Shares and Euro Dip on Europe Worries

Asian shares and the euro eased Thursday as concerns about the ability of euro zone countries to refinance their huge public debt dampened investor risk appetite ahead of a French bond auction later in the day.
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Blackstone Reaches Big Fundraising Finish Line

Blackstone Group LP will conclude fundraising for its latest buyout fund in January, raising just over $16 billion, three people familiar with the matter said on Wednesday, in a 4-year process challenged by the global financial crisis.
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Thompson Exit Puts Focus on PayPal Spinoff

The surprise departure of PayPal President Scott Thompson from eBay Inc could seriously set back any moves to spin-off the payments business as a separate company, investors and analysts said on Wednesday.
The sign up page of Linkedin.com is seen in Singapore

SEC Says Adviser Defrauded Investors Using LinkedIn

Securities regulators charged an Illinois-based investment adviser on Wednesday with using LinkedIn and other social media networking websites to lure investors by offering more than $500 billion in fake securities.
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Yahoo’s New CEO Scott Thompson: 5 Item Checklist

Now that Scott Thomson, 53, has been elected as Yahoo’s new CEO as well as a director, here are a couple of items the technology savvy accountant needs to take care of fast:
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India Mandates 'Hallmarking' of Gold Jewelry

India has made hallmarking gold jewelery mandatory, a senior government minister said on Wednesday, a move that could boost demand in the world's biggest gold market by taking care of quality worries.
Reliance Industries

Reliance Industries’ Plan to Develop Satellites Approved

The upstream regulator has cleared Reliance Industries' $1.53 billion plan to develop four satellite fields to boost output at its D6 block and sent it for final government approval, an official source said on Wednesday.
Gold

Gold Demand in India May Rise Following Govt Move

India has made hallmarking gold jewellery mandatory, a senior government minister said on Wednesday, a move that could boost demand in the world's biggest gold market by taking care of quality worries.
U.S. Stock Market

U.S. Stock Market - Is It Overvalued?

One useful barometer to gauge stock market valuation is the S&P 500 price-per-earnings (P/E) ratio, compared to its historical averages, both the mean and median.

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