Hedge fund manager and long-time gold bull John Paulson cut his gold ETF bullion holdings by about $600 million in the fourth quarter, a second straight reduction that was likely driven by client redemption needs as he remained upbeat on the metal.
News Corp., the vehicle of controversial publisher Rupert Murdoch, could be probed by British authorities “for sustained criminality over a sustained period of time” for many activities.
Japan Airlines will order 10 additional 787 airplanes from the Boeing Co. (NYSE:BA) , it said on Wednesday.
The Federal Reserve unanimously approved Capital One Financial (COF)'s $9.2 billion purchase of ING Groep NV (INGA)'s online banking unit in the United States, sealing the biggest merger since the Dodd-Frank law enacted stricter reviews of such deals.
Avon Products Inc. (NYSE:AVP), the cosmetics maker, hired consultant McKinsey & Co. to cut costs in its American operations in the wake of a fourth quarter loss, Bloomberg reported.
GDP dropped by 6 percent for 2011 as a whole, the fifth consecutive year of economic decline.
The world's first yuan-denominated gold exchange-traded fund (ETF) made a weak debut on the Hong Kong stock exchange on Tuesday, but analysts said demand would likely pick up as investors became more familiar with the product.
Your next order of bacon or sausage at McDonald's may come from a slightly happier pig, as the world's largest restaurant chain has required its pork suppliers end the use of gestation pens, a nod to complaints by animal rights activists.
The top after-market NASDAQ gainers Monday were: Ultra Clean Holdings, Insight Enterprises, Perfect World, TripAdvisor, SunPower Corp and Education Management Corp. The top after-market NASDAQ losers Monday were: Seattle Genetics, Alnylam Pharmaceuticals, Smith & Wesson Holding, IPG Photonics, Imperial Sugar Co. and Fastenal Co.
The top aftermarket NYSE losers Monday were: Masco Corp, Quantum Corp, Calgon Carbon, Brink's, Calpine Corp, HealthSouth Corp, Gol Linhas Aereas Inteligentes and Carbo Ceramics.
The top aftermarket NYSE gainers Monday were: EnergySolutions, Rackspace Hosting, Health Management Associates, Excel Maritime Carriers, Michael Kors Holdings, Nielsen Holdings, HyperDynamics Corp, Magnum Hunter Resources Corp and Superior Energy Services.
Apple Inc once again rewarded shareholders richly as its shares surged to new highs above $500 on Monday. There is, though, one part of the iPhone and iPad company's business that is not exactly humming: Its management of a pile of money now probably exceeding $100 billion.
Shares of C&W closed up 44.51 percent to £28.54 ($45.02) on the London Stock Exchange.
Scandal-hit Olympus Corp on Monday forecast a $410 million full-year loss due largely to its ailing camera operations, but strength in its endoscope business suggested its core division would emerge from the debacle unscathed and its president said it might try to go it alone without seeking outside capital.
Apple, under attack for poor labor practices at its Asian contract manufacturers, said it had asked the Fair Labor Association to inspect them.
The voluntary buyouts are for employees who are at least 56 years old and have worked at the McLean, Va.-based company for at least 20 years as of March 31, according to a company memorandum.
Canada's Barrick Gold, the world's largest gold producer, plans to sell its 20 percent stake in Russia's Highland Gold, pulling out of one of the world's most promising - but also toughest - gold frontiers.
Smartphone concepts and apps are increasingly influencing the way vehicle manufacturers drive their business forward. These concepts and apps are opening up new revenue opportunities for the vehicle manufacturers.
Despite a mediocre earnings season and signs of an overbought market, Wall Street bulls are likely to remain in control this week.
Veteran Bollywood actor Amitabh Bachchan, who underwent a hernia surgery on Saturday, is reportedly doing well after the operation. The surgery took place in the SevenHills Hospital in Marol, Mumbai.
Aided by the World Food Programme (WFP), the Philippine government's Department of Social Welfare and Development (DSWD) is undertaking a $46,000 customization of open-source software, Sahana, which is commonly used in disaster relief to develop a national Relief Goods Inventory and Monitoring System (RGIMS).
I get to the bottom of what file sharing means for the actual market of intellectual property.
