Market News
Lonmin falls on strike worries
Telegraph - 14 May 2013 20:00
Investors are concerned the group will again be dragged into prolonged industrial action.
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...
Business news and markets: as it happened - 14 May, 2013
Telegraph - 14 May 2013 19:30
Depositors keeping less than €100,000 in a bank that is being closed down will get all their money back, European Union finance ministers are said to have agreed..
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: J.C. Penney
Forbes - 14 May 2013 17:41
Analysts have become increasingly bearish on J.C. Penney (JCP) in the month leading up to the company's first quarter earnings announcement scheduled for Thursday, May 16, 2013. The consensus analyst estimate has moved f...
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.
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....
Gold: Power and Allure, 4,500 Years of Gold Treasures from Across Britain
Forbes - 14 May 2013 15:52
Gold exhibition at the Goldsmiths' Hall in London
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?