Author Archive
Gold and Oil News - October 25, 2007 12:00
UPDATE 2-Lonmin yr platinum sales fall, outlook disappoints
UPDATE 2-Lonmin yr platinum sales fall, outlook disappoints nalysts’ comments, shares) LONDON, Oct 25 (Reuters) – The world’s third biggest platinum producer, Lonmin Plc (LMI.L: Quote, Profile , Research), said sales in the coming year would recover after a 16 percent fall in 2007, but analysts said the outlook Source: c.moreover.com
Insurers help FTSE higher
Insurers help FTSE higherLondon equities moved higher on Thursday, after the insurance sector received a boost following strong numbers from Aviva.Source: www.ft.com
Bank of America cuts 3,000 jobs
Bank of America cuts 3,000 jobs NEW YORK (Reuters) – Bank of America Corp on Wednesday said it planned to eliminate 3,000 jobs, and shook up its corporate and investment bank after a dismal quarter at that unit led to a 32 percent drop in overall profit. Source: feeds.reuters.com
Buffett sees dollar weakness, Korea stocks attractive (Reuters)
Buffett sees dollar weakness, Korea stocks attractive (Reuters) Reuters – Billionaire investor Warren Buffett said on Thursday he expected the dollar to weaken further, adding that South Korean stocks offered better value than other world markets. Source: news.yahoo.com
Alcan joins Rio Tinto to create global aluminium leader
MONTREAL, Oct. 25 /PRNewswire-FirstCall/ – Alcan today joined the Rio Tinto group following the successful Offer for Alcan by a subsidiary of Rio Tinto. The expanded aluminium product group, formed by the combination of Alcan and Rio Tinto’s existing Read More…
Overview: Weak housing and strong oil unsettle markets
Another set of weak US housing data, unsettling news from investment bank Merrill Lynch and a surge in oil prices provided the backdrop for a nervous session in financial markets. Read More…
China growth slows but more tightening in store
China growth slows but more tightening in store BEIJING (Reuters) – Chinese economic growth slowed a touch in the third quarter but not by enough to dispel expectations of more interest rate rises and other policy curbs to stave off the risk of overheating. Source: feeds.reuters.com Bank of America cuts 3,000 jobs NEW YORK (Reuters) […]
Aluminium recycling company achieves Beacon status
A Gloucester-based aluminium recycling company has triumphed through adversity and won a much coveted regional development award. Avon Metals has achieved Beacon status from Beacon South West, a South West of England Regional Development Agency (RDA), Read More…
Tokyo shares slip on weak US profits
Tokyo shares slip on weak US profitsThe benchmark Nikkei 225 dipped 0.6 per cent to 16,358.39, pushed lower by weak results in the US and a strong currency at homeSource: www.ft.com
Some Cablevision holders wavering on takeover: report
Some Cablevision holders wavering on takeover: report NEW YORK (Reuters) – Some big Cablevision Systems Corp stockholders may drop opposition and vote in favor of the Dolan family’s $10.6 billion buyout bid for the media company, the New York Post reported on Wednesday, citing sources familiar with the matter. Source: feeds.reuters.com WellPoint profit up 7 […]
Most Popular Content
- Silver’s Getting Loud, Gold’s Ready to Get Started
- Copper Finds Its Footing as Market Sentiment Improves
- S&P 500 Grinds Higher as Rate Cut Hopes Simmer
- Bitcoin Holds Near $120K as 401(k) Buzz Meets Inflation Jitters
- Pound Climbs on BoE Cut and Dovish Signals
- Gold Soars on Tariff Shock as Copper Holds Steady
- Markets Wobble After Highs as Fed Holds Steady and Earnings Send Mixed Signals
- Copper Prices Drift in the Wake of a Surprise Tariff Shock