Gold jumps to new record highs over $1480 US dollar per ounce on Friday as Asian demand is unstoppable. Silver is holding near its earlier 31-year high at $42.64.
IBT Staff Reporter
Apr 15, 2011
Prices to Buy Silver and gold jumped at the start of Asian trade on Friday, hitting new 31-year and all-time Dollar records respectively, as Beijing reported a surge in China's growth and inflation rates.
IBT Staff Reporter
Apr 15, 2011
U.S. stocks ended lower on Tuesday as Alcoa sales missed estimates and energy stocks declined as oil prices plunged more than 3 percent. Futures on major U.S. stock indices point to higher opening on Wednesday ahead of economic data including retail sales.
Satya Nagendra Padala
Apr 13, 2011
U.S. stocks ended lower on Tuesday as Alcoa sales missed estimates and energy stocks declined as oil prices plunged more than 2 percent.
Satya Nagendra Padala
Apr 13, 2011
The carry trade is back and it’s the main theme in the forex market.
Hao Li
Apr 09, 2011
U.S. stocks declined on Thursday after reports of another earthquake hitting Japan in less than a month, but markets were off their lows after a tsunami warning was lifted.
Satya Nagendra Padala
Apr 08, 2011
Motorola's Xoom was crowned the undisputed king of tablets at CES 2011 but little did Motorola realize that the spotlight would last only a month.
IBT Staff Reporter
Apr 07, 2011
A shareholder with only $1,551 in stock has accused Cisco execs of misleading the market.
IBT Staff Reporter
Apr 07, 2011
Though, Xoom has comparable features and pricing to the high end version of Apple's iPad 2. The question now becomes, will the high end of the tablet market keep pace with the low end?
Manikandan Raman
Apr 07, 2011
Deutsche Bank has cut its profit estimates of online retailer Amazon , citing impact from Japan earthquake and tsunami.
Manikandan Raman
Apr 07, 2011
U.S. stock markets ended higher on Wednesday, led by gains from technology and banking sector stocks. Cisco Systems led gains in technology stocks after CEO John Chambers said in a memo to employees that the company has lost its way and will need to restore its credibility. Chambers suggested Cisco might change operations to narrow the company's focus.
Satya Nagendra Padala
Apr 07, 2011
U.S. stocks ended mixed on Monday as gains from materials and health care sector shares were offset by declines from technology and financials.
Satya Nagendra Padala
Apr 05, 2011
Acer CEO and President Gianfranco Lanci steps down from his role; wanted to focus on tablets, Acer board wants to stick with PCs.
IBT Staff Reporter
Mar 31, 2011
U.S. stocks advanced in early trade on Wednesday after ADP National Employment report showed that the private sector employment rose in March.
Satya Nagendra Padala
Mar 30, 2011
The companies whose shares are moving in pre-market trade on Wednesday are: Gilead Sciences, Philip Morris International, Range Resources, NYSE Euronext, eBay, Chesapeake Energy, Kohl's Corp and Dell.
Satya Nagendra Padala
Mar 30, 2011
U.S. stocks rallied on Thursday, bouncing back from three straight days of losses as better-than-expected reports on jobless claims and Consumer Price Index (CPI) buoyed sentiment, and FedEx Corp. boosted its profit forecast.
Satya Nagendra Padala
Mar 18, 2011
Apple has a legitimate hit on its hands with the iPad 2 as the device sells out in the early going.
IBT Staff Reporter
Mar 14, 2011
Since the height of the financial crisis, the Canadian dollar has appreciated substantially against the US dollar. Now, it’s overvalued against the US dollar, according to an analyst at Deutsche Bank.
Hao Li
Mar 10, 2011
U.S. stocks ended modestly lower in choppy trading as unfolding events in Libya and their impact on oil prices seem to be the overriding factors to most investors.
Satya Nagendra Padala
Mar 10, 2011
U.S. stocks weakened a bit in choppy trading and unfolding events in Libya and their impact on oil prices seem to be the overriding factors to most investors.
Palash Ghosh
Mar 09, 2011
The companies whose shares are moving in pre-market trade on Wednesday are: Regions Financing, Tyson Foods, Carnival, Pultegroup, Prudential Financial, Jds Uniphase, Juniper Networks and Corning.
Satya Nagendra Padala
Mar 09, 2011
Spot gold rose to a session peak at $1,421.35 an ounce and was up 0.6 percent at $1,419.66 an ounce by 1240 GMT. It rose 6 percent in February, its largest monthly rise since August, when the U.S. Federal Reserve first indicated that it would continue the massive money printing by monetizing government bonds.
IBT Staff Reporter
Mar 01, 2011
