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What the Seriously Rich are Doing wtih Their Gold

Gold bullion
Some of the world's richest families are cutting their holdings in gold to take profits on the run-up in prices and are buying high-end art to preserve their wealth during market turmoil, an executive advising these families.
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TD Bank raises dividend as profit jumps 23 percent

TD Bank raises dividend as profit jumps 23 percent

Toronto-Dominion Bank (TD.TO: Quote) boosted its dividend on Thursday as it reported that strong loan volumes in the United States and Canada drove it to a higher-than-expected quarterly profit, pushing its shares higher.
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Wall St higher after manufacturing data

Stocks gained on Thursday after data showed factory activity cooled in August but was still expanding, easing investors' fears the economy could be headed for another recession.
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Gold Rises in European Trading

Gold prices recovered some early losses on Thursday after European stock markets fell, snapping a three-day rally, and as investors weighed up the prospect of a fresh round of quantitative easing from the U.S. Federal Reserve.
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Australia's Telstra Moves Closer to Sealing Broadband Deal

Australia's dominant phone company, Telstra Corp, will be $5 billion better off working with the government's new high-speed broadband network than competing against it, an independent expert said, paving the way for shareholder approval.
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TCW rests case against star bond manager Gundlach

Trust Company of the West rested its court case against its former chief investment officer, star bond fund manager Jeffrey Gundlach, in the high-stakes trial that has drawn the attention of the financial services industry.

Australia's Telstra moves closer to sealing broadband

Australia's dominant phone company, Telstra Corp, will be $5 billion better off working with the government's new high-speed broadband network than competing against it, an independent expert said, paving the way for shareholder approval.
Irene Aftermath (10 of 10)

Obama Declares Disaster in New Jersey, will Visit Sunday [HELP CONTACTS, PHOTOS]

U.S. President Barack Obama has declared that there is a major disaster in New Jersey and plans to visit the state on Sunday. According to information from the White House, Obama has signed a New Jersey disaster declaration and has ordered that federal aid supplement the state and local recovery efforts in the area affected by Hurricane Irene.
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Rothschild acquires 5 pct of China CYTS Tours

The asset management arm of Edmond De Rothschild Group, owned by the Rothschild Family, said it had bought more than 5 percent of China CYTS Tours Holdings Co Ltd , worth $54 million at current value, and plans to increase its stake over the next 12 months.
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Waters recede across East, but storm victims suffer

Floodwaters finally started to recede from areas of the northeast devastated by Hurricane Irene but many communities were still underwater on Wednesday and relief workers battled cut-off roads and raging rivers to deliver emergency supplies.

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