European stocks looked set to extend four weeks of losses Monday, tracking jittery Asian shares lower, while gold shot to new highs as investors worried about the sluggish U.S. economic outlook and Europe's festering debt crisis.
A hint of QE3 could usher in a very explosive global equity rally.
Apple might start manufacturing the next generation iPad from October in cooperation with its Asian component suppliers and assemblers in order to release the tablet early next year, an anonymous source told WSJ.
General Motors Co (GM.N) is seeking to dismiss a lawsuit over a suspension problem on more than 400,000 Chevrolet Impalas from the 2007 and 2008 model years, saying it should not be responsible for repairs because the flaw predated its bankruptcy.
Hewlett-Packard no longer likes the PC business, but investors aren't liking HP at the moment on that news. One day after HP said it is considering shedding its PC unit, which currently comprises 30 percent of company sales, investors shed the company's stock, sending HP shares plunging to near six-year lows.
While rumors are still in the air about the release date of iPhone 5 and Samsung Galaxy S II is yet to come to the U.S market, Microsoft comes with a “Hey! We’re ahead of schedule!”
Which sectors log the most hours in the U.S.? As you'll see from the Bureau of Labor Statistics data, Americans are a hard-working bunch.
The iPad 3 is in development, according to a report. Apple's new tablet will likely be released in early 2012, the report said.
Kashif Parvaiz. 26, was arrested in connection with the murder of his 27-year-old wife, Nazish Nooran.
Gold rose 1.5 percent on Friday, setting a record high for a second straight day and heading for its biggest one-week gain in 2-1/2 years on worries about stalled U.S. growth and Europe's debt crisis.
The upcoming iPad 3 is due to arrive in early 2012 and is expected to go into trial production by October.
Apple Inc.'s next generation iPhone, dubbed iPhone 5, is facing much competition from Android devices. It is being speculated that the iPhone 5 is scheduled to come out at the end of September or in October. The top iPhone 5 competitors are: Motorola Droid HD, Samsung Celox, HTC Holiday, Samsung GT-i9220, and Samsung GT-i9250.
Hewlett-Packard is making a bold move to reshape its business that analysts are applauding as having long-term upside. In the short term, however, investors are concerned about the cost and risks involved -- sending HP shares down 16.23 percent Friday in pre-market trading.
Gold charged to a record high early Friday in electronic trading as a host of bad economic news from around the world drove investors away from stocks for the safety of the yellow metal.
In a bold move, Apotheker -- who took the job as HP CEO in November -- has decided to spin off the company's PC unit that accounted for 30 percent of sales in the most recent quarter. But it's not hard to understand why, since HP's PC unit, despite being the largest in the U.S., generated only a 5.9 percent operating margin.
Gold surged more than 1 percent to a record high above $1,850 an ounce Friday, as investors reached for the safety of bullion amid a worsening economic outlook for the United States and concern about the health of Europe's banks.
Fears of U.S. slowdown dampen demand expectations.
European stocks are slated for another fall on Friday after Asian stocks slumped on growing fears the U.S. economy was sliding into recession and as some European lenders faced short-term funding strains, raising fears of a systemic banking crisis on the continent.
Gold surged to record highs on Friday for a second consecutive session as investors reached for the safety of bullion amid a worsening economic outlook for the United States and concern about the health of Europe's banks.
Asian stocks extended losses Friday, with South Korea's benchmark shedding 5 percent on growing fears the U.S. economy was sliding into recession and as some European lenders faced short-term funding strains, raising fears of a systemic banking crisis on the continent.
Gold surged to record highs Friday for a second consecutive session as investors reached for the safety of bullion amid a worsening economic outlook for the United States and concern about the health of Europe's banks.
Asian stocks tumbled as much as 4 percent on Friday on growing fears that the U.S. economy was sliding into recession and as some European lenders faced short-term funding strains, raising fears of a systemic banking crisis on the continent.
