Market News
P.M. Kitco Metals Roundup: Gold Ends Lower On Stronger U.S. Dollar, Surging Stock Markets
Forbes - 14 May 2013 19:52
(Kitco News) - Comex gold futures prices ended the U.S. day session moderately lower Tuesday, on bearish outside market forces--a stronger U.S. dollar index and weaker crude oil prices. Also, the near-term technical post...
Leonardo DiCaprio's Charity Auction Raises $38M To Fund Global Conservation
Forbes - 14 May 2013 18:02
There are times when you despair about the art market's fixation with the price of art, rather than the art itself, but last night everyone was celebrating the huge amount of cash raised at a contemporary art auction to ...
Forbes Earnings Preview: Kohl's
Forbes - 14 May 2013 17:41
Analysts are looking for decreased profit for Kohl's (KSS) when the company reports its results for the first quarter on Thursday, May 16, 2013. Kohl's reported profit of 63 cents a year ago, but the consensus estimate c...
Forbes Earnings Preview: Sina
Forbes - 14 May 2013 17:41
Sina (SINA) is expected to book a narrower loss than a year ago when it reports first quarter earnings on Thursday, May 16, 2013 with analysts expecting a loss of 11 cents per share, up from a loss of 27 cents per share ...
Forbes Earnings Preview: Wal-Mart Stores
Forbes - 14 May 2013 17:35
Wal-Mart Stores (WMT) reports its first quarter earnings on Thursday, May 16, 2013.
Forbes Earnings Preview: Autodesk
Forbes - 14 May 2013 17:35
Analysts expect decreased profit for Autodesk (ADSK) when the company reports its first quarter results on Thursday, May 16, 2013. Although Autodesk reported profit of 37 cents a year ago, the consensus estimate calls fo...
Forbes Earnings Preview: Nordstrom
Forbes - 14 May 2013 17:34
Nordstrom (JWN) reports its first quarter earnings on Thursday, May 16, 2013.
Ten Reasons Why Samsung's 5G Is Mostly Hype
Forbes - 14 May 2013 17:34
On Monday, Samsung made a 5G announcement promising download of 3D movies in seconds. Samsung did the most masterful job of spinning a test for the maximum public relations impact that I have seen in a long time. Samsung...
Stockman's Analysis Correct But Conclusion Wrong
Forbes - 14 May 2013 16:02
David Stockman, President Reagan?s budget director, has been making the media rounds lately with an outlook so bleak, the sole conclusion is that investors should liquidate all their investment holdings and flee to cash....
Three Reasons To Still Dig Gold Miners
Forbes - 14 May 2013 15:52
A strong stomach and a tremendous amount of patience are required for gold stock investors these days, as miners have been exhibiting their typical volatility pattern.
Corporate America?s Biggest Dividends
Forbes - 14 May 2013 15:10
Exxon Mobil raised its quarterly dividend 10.5% to 63 cents a share Wednesday, but Dow Jones Indices senior index analyst Howard Silverblatt says the company?s annual of $11.3 billion will still be hair below that of App...
Bank Bailout Blues Stall U.K. Recovery
Wall Street Journal - 14 May 2013 03:56
Five years after rescuing the Royal Bank of Scotland, one of the world's biggest banks, the British government still hasn't figured out what to do with it--a sign of the country's struggle to put its banking woes behind ...
In Deal Race, Bankers Play the Field
Wall Street Journal - 14 May 2013 01:47
Bankers in the deals business are wrestling with a question: When is it OK to work on two sides of a bidding contest?