Newly listed Russian gold miner Nord Gold may pay its first dividend this year after net profit rose 89 percent in 2011, driven by higher demand for the precious metal.
Limp Bizkit frontman Fred Durst has confirmed that his band has signed to rap label Cash Money.
No one is exactly sure why violence and sneaker sales go hand-in-hand, but it seems that every time Nike introduces limited edition sneakers on the market, the entire country becomes engrossed in widespread melee, like on Friday when riots resulted over the Nike Foamposite Galaxy. But why do riots even happen over sneakers and what's the fuss all about?
After days of waiting in line and camping out in front of stores, the release of the Nike Foamposite Galaxy sneaker at a mall in Orlando was cancelled after police had to break up mass riots and fights that ensued over the limited edition shoe.
Gold retreated on Friday, shrugging off gains in the euro and struggling to maintain traction after this week's already hefty price climb, as buyers favored assets seen as higher risk such as stocks and industrial commodities.
Newmont Mining said it expects a rise in costs for gold and copper in 2012, mainly due to higher labor and power prices and estimated lower production at a mine in Indonesia.
U.S. stock index futures pointed to a slightly higher open for equities on Friday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 rising 0.1 percent to 0.2 percent.
Gold traders in India, the world's biggest buyer of bullion, were reluctant to enter the market on Friday as the prices remained elevated, though off their 10 week highs.
Asian shares crept higher Friday as solid U.S. data improved sentiment, but gains may be limited by concerns that rising oil prices could deal a further blow to the fragile euro zone economy and moves to take profits after recent rallies.
Kathy Ireland might be a former model and she might have been featured in the Sports Illustrated Swimsuit Issue for 13 consecutive years; but nowadays the stunning 48-year-old makes the most headlines for her $350 million fortune and furniture empire.
For weeks, Hollywood's actresses fret over what gowns to wear on the Oscar's red carpet, but choosing the right dress is only half the battle. Finding the right accessory is crucial.
On Feb. 22 David Wain revealed that a Wet Hot American Summer sequel is in the works and hinted at a Stella film or new episodes in an As Me Anything (AMA) forum on Reddit.com. Wain's new film, Wanderlust, is coming out on Friday. He directed the comedy, which stars Jennifer Aniston and Paul Rudd. Here are some of the highlights from the AMA:
Canadian miner Alamos Gold reported a 16 percent rise in fourth-quarter profit, helped mainly by robust gold prices, and raised its semi-annual dividend by 43 percent.
Some celebrities have begun criticizing the National Enquirer for publishing the alleged last photo of a dead Whitney Houston in her open casket this week.
Gold rose to a three-month high on Thursday and headed for its biggest one-week rally in a month, spurred on by the strength in the euro following Europe's bailout deal with Greece, ahead of an options expiry later in the day.
Indian gold imports in 2012 could fall by a fifth for the first time in three years to 770 tonnes as investors chase better accruals from equity markets and other financial instruments, possibly ceding the position of top consumer to China.
Coeur d'Alene Mines Corp. swung to a profit in the fourth quarter on increased silver production, higher selling prices and higher selling prices, the Idaho-based miner said Thursday.
Gold jumped to a three-month high on Wednesday, reversing early losses after bullish technical factors triggered fund buying, and platinum prices hit their highest in five months on supply worries.
Lindsay Lohan is at the home-stretch of her five-month long probation. According to Reuters, Lohan acquired the probation because of a theft conviction last year, after she admitted to stealing a gold necklace valued at $2,500 last January and two drunk driving cases. She was sentenced to 480 hours of community service.
As one of the world's top gold producers, Newmont Mining Corp (NYSE:NEM) seems to have a lot of advantages on its side. But uncertainty about peripheral items, including the effect of recent acquisitions and political developments that could hurt its bottom line, are keeping Wall Street analysts skeptical on the company.
It didn't take long for the initial relief following Tuesday's long-awaited Greek bailout deal to die down. Global stocks ended Wednesday lower as investors took a cautious stance on the Eurozone economic outlook following disappointing business activity data and Fitch's announcement to cut Greece's credit rating further into junk status.
Twitter fans are beginning to speak out against an alleged open casket photo of dead singer Whitney Houston, which was published by The National Enquirer on its front page this week. Many fans are saying they aren't surprised that The National Enquirer published the photo. However, they said she deserved better.