Gold and Oil News
Gold and Oil News - October 2, 2007 8:00
Australian Stock Market Advances, Led By Banks; Resource Stocks Gain On Higher Commodity Prices
Australian Stock Market Advances, Led By Banks; Resource Stocks Gain On Higher Commodity Prices – 1.86 GSI Group $77 – $82 Mln $82.0 – $84.0 Mln Hershey Chairman, CEO Lenny Plans To Retire At Year-end Palm Swings To A Loss In Q1, Profit Declines On Adj. Basis, Revenue Up 1.4%; Sees Q2 Non-GAAP EPS & […]
Anglo American to sell 61 mln AngloGold Ashanti shares
Anglo American to sell 61 mln AngloGold Ashanti shares 10/1/2007 2:27:00 AM ET Related symbols: Intraday data provided by Comstock, a division of Interactive Data Corp. and subject to terms of use. Historical and current end-of-day data provided by FT Read More… Anglo to Halve AngloGold Stake, Exit Company’s Board (Update2) By Antony Sguazzin and […]
Anglo says to sell 61 mln AngloGold shares
Anglo says to sell 61 mln AngloGold shares JOHANNESBURG, Oct 1 (Reuters) – Anglo American Plc (AAL.L: Quote, Profile, Research) planned to sell 61 million ordinary shares in gold miner AngloGold Ashanti (ANGJ.J: Quote, Profile, Research) in a major step to reducing its stake in the gold producer, Source: c.moreover.com
UPDATE 2-Gold near 28-year peak, platinum eyes all-time high
UPDATE 2-Gold near 28-year peak, platinum eyes all-time high SINGAPORE, Oct 1 (Reuters) – Gold firmed on Monday and hovered within sight of a 28-year high on a record-low U.S. dollar against the euro, while platinum approached all-time highs on speculative buying. Spot gold rose to $745.30/746.20 an ounce Source: c.moreover.com Next bull run in […]
Bank of England admits its gold reserves aren’t in mint condition
Bank of England admits its gold reserves aren’t in mint condition IT has long been the plaything of kings, the spoil of conquerors and supposedly the safest investment money can buy, but for the people of Britain, the national nest-egg might not quite be what it appears. Hidden away in vaults under the City of […]
UPDATE 2-Merrill, Citi buy into Indian commodities bourse
UPDATE 2-Merrill, Citi buy into Indian commodities bourse MUMBAI, Sept 28 (Reuters) – Citigroup and Merrill Lynch have bought 5 percent stakes in India’s top commodities exchange, valuing it at up to $1.1 billion, or more than the Bombay Stock Exchange which sold stakes earlier this year. Source: c.moreover.com Shanghai copper up, LME extends gains […]
Copper Climbs Before Strike, Poised for Third Quarter of Gains; Zinc Gains
Copper Climbs Before Strike, Poised for Third Quarter of Gains; Zinc Gains Copper Climbs Before Strike, Poised for Third Quarter of Gains By Chanyaporn Chanjaroen Sept. 28 (Bloomberg) — Copper rose in London, heading for a third quarter of gains, as workers prepare to strike at Southern Copper Corp., the world’s fifth-largest Source: c.moreover.com
China Yongcheng Coal in Guinea bauxite venture-paper 0:47 GMT
BEIJING, Sept 28 (Reuters) – Yongcheng Coal & Electricity Group Co Ltd, the biggest coal producer in central China, has formed a venture with other firms from its home province of Henan to develop a bauxite deposit in Guinea, the Shanghai Securities Read More… HONG KONG, Sept 28 (Reuters) – Here are some stocks on […]
Wheat Futures Decline in Asia as Six-Day Rally to Record Seen as Overdone
Sept. 28 (Bloomberg) — Wheat prices fell in Asian trading, snapping a six-day rally, as some investors deemed yesterday’s rise to a record wasn’t justified by the outlook for supply. Wheat futures for December delivery fell as much as 11.25 cents, or Read More… John Howard Says Australian Food Shortage Will Affect Prices By Gemma […]
Ahead of the Bell: Starbucks (AP)
A Banc of America Securities analyst cut his rating on Starbucks Corp. Thursday, saying the stock might fall because expectations for a quick recovery are too high amid slowing growth. Read More…
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