Shares of Ivanhoe Mines fell more than 12 percent on Monday after Mongolia said it plans to renegotiate a landmark deal related to the development of the huge Oyu Tolgoi copper-gold project.
Many celebrities, including politicians, actors, musicians and even athletes have been named to corporate boards over the decades.
Boeing contemplates manufacturing 10 such planes per month starting in 2013.
The top after-market NYSE gainers on Friday are: ING Group, Basic Energy Services, American Eagle Outfitters, Noah Holdings Ltd and Jabil Circuit. The top after-market NYSE losers are: Sunrise Senior Living, American Axle & Manufacturing, Moneygram International, Clorox and Korn/Ferry International.
Adoboli is hardly the first UBS employee to engage in questionable conduct.
Obviously, the pressure got to him and he made a sudden turnabout.
Bank stocks are clearly trading as if a redux of Lehman Brothers is imminent.
The Dow Jones industrial average on Friday suffered its worst week since the depths of the financial crisis in 2008, stung by severe anxiety over Europe's spiraling debt crisis and a warning from the Federal Reserve about the U.S. economy.
The Dow Jones industrial average on Friday suffered its worst week since the depths of the financial crisis in 2008, stung by severe anxiety over Europe's spiraling debt crisis and a warning from the Federal Reserved about the U.S. economy.
Still burdened by an ongoing phone-hacking scandal at its British subsidiaries, Rupert Murdoch's company is aggressively buying back shares in an effort to buttress its share price. Assuming the shares remain at about $17, one analyst estimates News Corp. will have repurchased almost $2.2 billion in shares by as early as Nov. 7.
FBR Capital Markets said its recent checks suggest Fairchild Semiconductor International's (NYSE: FCS) revenue are likely to shrink again in the fourth quarter of 2011.
Hewlett Packard Co. (NYSE:HPQ) named Meg Whitman as president and chief executive officer, while Ray Lane has moved from non-executive chairman to executive chairman of the board.
The Dow Jones Industrial Average plummeted in Thursday trading, dropping more than 3 percent at certain times after Federal Reserve chairman Ben Bernanke introduced Operation Twist to jump-start the slumping economy.
Whitman, who failed to become Republican Governor of California last year after spending tens of millions of dollars in the campaign, is a highly controversial choice to lead the troubled HP.
The company said that about 75 percent of the acquisition will be financed by debt, with the remaining facilitated by stock issuance (amounting to $4.6-billion in new shares).
Since mid-February, HP stock has lost more than half its value.
FBR Capital Markets anticipates that Congress will be unable to pass legislation to lower the loan limits below $625,500 until at least 2013, and expects that it could be even longer.
Several media reports say that Hewlett-Packard (NYSE:HPQ) is considering ousting CEO, Leo Apotheker, only 10 months after he officially took the helm on Nov. 1, 2010.
During his brief stay at HP, Apotheker decided to dramatically shift the company’s strategy.
Analysts are widely expecting the device to deliver record-shattering sales numbers.
Facebook’s management may view an IPO as a kind of “distraction” for its employees while the company is busy ramping up several new product lines and other projects.
The stock price has been languishing for more than two years -- shares have lost almost half their value year-to-date.