Monday, November 29, 2010

Gold Price: From Diwali to the New Year in China

As gold demand moves from India to China, Gold Price peaks move from Diwali to Xīn Nián…

read more

gol2664



Early Market News: Apple Inc. (NASDAQ:AAPL), JP Morgan Chase & Co. (NYSE:JPM), Ford Motor Company (NYSE:F)

Here is another batch of stock briefings which may affect stock trading as the
markets continue today. The following companies should see some movement: Apple
Inc. (NASDAQ:AAPL), JP Morgan Chase & Co. (NYSE:JPM), Ford Motor Company
(NYSE:F). Here is a more detailed look at the news that will affect each company
when trading continues. Apple Inc. (NASDAQ:AAPL) Apple Inc. (NASDAQ:AAPL) has
brought the fight in patent disputes with other mobile phone makers. The
world's hottest smart phone maker has stepped up the fight with its
competitors in the smart phone market over the alleged violations of
intellectual properties. The latest lawsuit claimed against Nokia, the largest
mobile manufacturer, is a continuation of Apple Inc. (NASDAQ:AAPL)'s move
against Motorola and HTC. The company has already filed suit against Nokia
before the International Trade Commission. JP Morgan Chase & Co. (NYSE:JPM) This
move by J.P. Morgan Chase & Co. (NYSE:JPM) will help them to recover more money
from loans backed by lodging than from debt secured by other types of commercial
real estate. Trepp LLC, a New York-based mortgage-information provider has shown
data's regarding losses of J.P. Morgan Chase & Co's (NYSE:JPM) on
non-performing hotel loans, which was 2 percent less compared with other firms.
Jon Strain, head of capital markets for JPMorgan Chase & Co. (NYSE:JPM)
commercial real estate group said, "We are definitely making loans on hotels;
trends have been very strong across the U.S." Ford Motor Company (NYSE:F) Ford
Motor Company (NYSE:F) has said it will have its Focus tested in the Arizona
desert. Ford Motor Company (NYSE:F) had announced earlier this month that it
will bring a new fully electric car to two Arizona cities as test markets.
Phoenix and Tucson will be among 19 U.S. cities where Ford Motor Company
(NYSE:F) will premiere its Focus Electric in late 2011. It will be the
company's first model to produce no carbon dioxide emissions. Nancy Lee Gioia,
the director of Global Electrification in Ford Motor Company (NYSE:F) said that,
"Making electric vehicles a viable option for consumers requires teamwork
across a variety of industries and government entities." Nancy Lee Gioia also
added that Ford Motor Company (NYSE:F) has to work closely with local
governments and utility companies to make sure the cities they were offering the
car had the existing infrastructure to support the vehicle. Expect more movement
when trading continues for Apple Inc. (NASDAQ:AAPL), JP Morgan Chase & Co.
(NYSE:JPM) and Ford Motor Company (NYSE:F).

Mr. VIX’s Wild Ride

No sooner did we return from our turkey-induced coma than we found our beloved VIX commencing a pretty robust pop that began Friday, and to levels north of 23 no less. Now I realize that may not sound like much, but it’s a two-month high and a break above the recent range of 18-22 that has bounded us since early October. What’s more, this puts the VIX more than 10% above its 10-day simple moving average (SMA) and above the standard 20,2 Bollinger band . In other words, the VIX actually was a tad overbought. But this didn’t last long. By today’s close, the VIX had given it all back and then some. So was there any signal from this action? There are two schools of thought regarding such a move in the VIX. A contrarian would point out that an overbought VIX equals an oversold market, and would look to fade it. That is, he would make some bullish market plays (or bearish VIX plays). A “smart money” VIX adherent would say that the options market has spoken, and it expects rough waters ahead. He would consider a VIX pop an ominous sign of a market break ahead and look at bearish plays, or at least buy protection on a bullish portfolio. So who’s right? Well, I tend to side with the former. I have spent the past 20 years watching options trading and the ebbs and flows of volatility. Sometimes rising volatility begets ever more volatility (e.g., the Lehman Brothers implosion in 2008). More often than not, though, fear exceeds reality. Yes, we could get some sort of Irish contagion. Or North Korea could throw another fit. Or maybe Mr. Market is getting a little apprehensive about something not quite on the radar yet. However, typically, the market discounts current headlines and fear recedes. Now, stock charts don’t look so hot with a few exceptions. But I would read the current volatility picture as a slightly bullish. I’m modestly long and hedged with the iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX ) and iPath S&P 500 VIX Mid-Term Futures ETN (NYSE: VXZ ). Some of you might be wondering why I would go near VXX after spending so much time pointing out all of its flaws ? Well, some of those flaws are not applicable at the moment. December VIX futures now trade near parity. January futures carry a premium in the $2 range. Rolling the two still presents a problem, but you don’t have to pay the daily futures erosion right now as you did three months ago when premiums were closer to $6 for the second month out. Follow Adam Warner on Twitter @agwarner .
tdp2664
gol2664
InvestorPlace



Top 10 Fastest-Growing U.S.-Listed Chinese Stocks: BIDU, YONG, MPEL, SVN, CTRP, YGE, EJ, VIT, EDU, SSW (Nov 29, 2010)

Below are the top 10 fastest-growing U.S.-listed Chinese stocks, UPDATED TODAY before 4:30 AM ET, based on the average long-term earnings growth rate estimated by Wall Street analysts. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the 1st fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 59.8%. This number is based on the average estimate of 8 brokerage analyst(s). Yongye International, Inc. (NASDAQ:YONG) is the 2nd fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 51.0%. This number is based on the average estimate of 3 brokerage analyst(s). Melco Crown Entertainment Ltd (NASDAQ:MPEL) is the 3rd fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 50.1%. This number is based on the average estimate of 1 brokerage analyst(s). 7 DAYS GROUP HOLDINGS LIMITED(ADR) (NYSE:SVN) is the 4th fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 33.0%. This number is based on the average estimate of 3 brokerage analyst(s). Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is the 5th fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 31.4%. This number is based on the average estimate of 5 brokerage analyst(s). Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is the 6th fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 31.2%. This number is based on the average estimate of 6 brokerage analyst(s). E-House (China) Holdings Limited (NYSE:EJ) is the 7th fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 31.0%. This number is based on the average estimate of 4 brokerage analyst(s). VanceInfo Technologies Inc. (NYSE:VIT) is the 8th fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 27.6%. This number is based on the average estimate of 3 brokerage analyst(s). New Oriental Education & Tech. Group Inc (NYSE:EDU) is the 9th fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 26.1%. This number is based on the average estimate of 5 brokerage analyst(s). Seaspan Corporation (NYSE:SSW) is the 10th fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 25.3%. This number is based on the average estimate of 3 brokerage analyst(s).
tdp2664
Epic Stock Picks



Bull and Bear Gifts

dow2664

Here are some more gift ideas for stock market traders and investors, with the Bull and Bear motif: Executive Gift Stock Market Wall Street Bull and Bear Silver Plated Sculpture Figurines Paperweights Executive Gift Wall Street Stock Market Wall Street Charging Bull & Bear Statue Sculpture on Burtwood Bronzed Metal Bear and Bull Cufflinks – Business/Finance Themed Formal Wear – Cufflinks Bull & Bear Executive Gift or Award Resin Sculpture Wall Street Bull and Bear Statue BULL and BEAR Executive Wall Street Stock Broker Cufflinks w/ Gift Box Bear and Bull Bronzed style Bookends Stock Market Bull and Bear See-Saw Sculpture Bulls and Bears in the Market Art Poster Print by William Holbrook Beard, 36×27 Buck Creek Knives 6682DS Stainless Steel Little Bear & Bull Congress Pocket Knife with Genuine Stag Handles

Bull and Bear Gifts



IBM Puts Pressure On the DJIA (NYSE:IBM) (NYSE:DIA) (NYSE:DIS)

IBM Puts Pressure On the DJIA (NYSE:IBM) (NYSE:DIA) (NYSE:DIS)
Inthemoneystocks.com - 9 hours ago By Nicholas Santiago on November 29th, 2010
10:33am Eastern Time International Business Machines Corp.(NYSE:IBM) is a
leading technology stock and a major Dow Jones Industrial Average component ...

Randgold Resources (GOLD) Down 1.6% As Gold Prices Remain Virtually Unchanged

Randgold Resources (GOLD) Down 1.6% As Gold Prices Remain Virtually Unchanged
Market Intelligence Center - 5 hours ago Randgold Resources (NASDAQ: GOLD)
opened at $94.62. So far today, the stock has hit a low of $93.55 and a high of
$94.87. GOLD is now trading at $93.86, down $1.58 (-1.66%). The stock hit its 52
...

IBM Puts Pressure On the DJIA (NYSE:IBM) (NYSE:DIA) (NYSE:DIS)

dow2664

IBM Puts Pressure On the DJIA (NYSE:IBM) (NYSE:DIA) (NYSE:DIS) Inthemoneystocks.com – 9 hours ago By Nicholas Santiago on November 29th, 2010 10:33am Eastern Time International Business Machines Corp.(NYSE:IBM) is a leading technology stock and a major Dow Jones Industrial Average component …

IBM Puts Pressure On the DJIA (NYSE:IBM) (NYSE:DIA) (NYSE:DIS)



TODAY’S STOCK MARKET DOW JONES INDUSTRIAL AVERAGE DJI, S&P 500, NASDAQ INDEX TRENDS, NOTES November 29th, 2010 Close

dow2664

At open Monday, markets declined and continued with negative trending with the Dow dipping below 11,000 at one point. As the day progressed the market has made gains and the Dow has jumped back up but recent events have not made the market look any safer to investors. Many investors continue to closely monitor the stirring controversy between North and South Korea as well as Europe’s debt crisis. Ireland and its banks are set to receive a bailout and economists wonder if Portugal and Spain will be next in line for assistance. European officials have announced that a new protocol has been established for future relief for other European nations. Investors have been anxiously awaiting details from retailers on sales from Black Friday and Cyber Monday. Early reports indicate the shopping season kicked off to a good start with an average of $365.34 a shopper and an overall increase in spending of 6.4% from last year. Amazon stock jumped to an all time high, pushed by Cyber Monday sales. At close the market indexes are all in the red. DJIA dropped 39.51 points to 11,052.49. Nasdaq is down 9.34 points to 2,525.22. S&P 500 is down 10.59 points to 1,187.76. The U.S. Treasury 10-year yield is down 0.09to 2.82%. Oil is up 1.93 to $85.74 a barrel. Gold is down 7.00 to $1366.00 an ounce. The dollar is up 0.0068 to the Euro at $1.31. Author: Pamela Frost

TODAY'S STOCK MARKET DOW JONES INDUSTRIAL AVERAGE DJI, S&P 500, NASDAQ INDEX TRENDS, NOTES November 29th, 2010 Close



Analyst Actions on Chinese Stocks: AMBO, CEO, CHA, CHL, CHU, CYOU, GA, GAME ... (Nov 29, 2010)

Below are today's Analyst Actions on U.S.-Listed Chinese Stocks . Goldman
Sachs initiated coverage of Ambow Education Holding Ltd (NYSE:AMBO) with Neutral
rating and $12 price target. Citigroup maintained Buy rating and $238.67 price
target on CNOOC Limited (NYSE:CEO). HSBC upgraded CNOOC Limited (NYSE:CEO)from
Neutral to Overweight, and raised price target from HK$17.5 to HK$19.5 on the
companys Hong Kong-listed shares. Yesterday Goldman Sachs reiterated Buy rating
on CNOOC Limited (NYSE:CEO), and maintained $196 price target. Nomura maintained
Neutral rating and HK$4.80 price target on the Hong Kong-listed shares of China
Telecom Corporation Limited (NYSE:CHA). Deutsche Bank maintained Buy rating on
China Telecom Corporation Limited (NYSE:CHA). Nomura maintained Buy rating and
HK$95 price target on the Hong Kong-listed shares of China Mobile Ltd.
(NYSE:CHL). Deutsche Bank maintained Hold rating on China Mobile Ltd.
(NYSE:CHL). Nomura maintained Buy rating and HK$13.50 price target on the Hong
Kong-listed shares of China Unicom (Hong Kong) Limited (NYSE:CHU). Deutsche Bank
maintained Hold rating on China Unicom (Hong Kong) Limited (NYSE:CHU). Last
Friday Standard Chartered maintained Outperform rating and $40 price target on
Changyou.com Limited (NASDAQ:CYOU). Last Friday Standard Chartered initiated
coverage of Giant Interactive Group Inc (NYSE:GA) with In-Line rating and $7.30
price target. Deutsche Bank maintained Hold rating and $5.53 price target on
Shanda Games Limited (NASDAQ:GAME). Last Friday Standard Chartered initiated
coverage of Shanda Games Limited (NASDAQ:GAME) with In-Line rating and $6.30
price target. Jefferies & Company reiterated Buy rating and $14 price target on
JA Solar Holdings Co., Ltd. (NASDAQ:JASO). ThinkEquity upgraded LDK Solar Co.,
Ltd. (NYSE:LDK) from Hold to Buy, and maintained $15 price target. Lazard
Capital Markets reiterated Buy rating on LDK Solar Co., Ltd. (NYSE:LDK), and
maintained $22 price target. Yesterday Piper Jaffray maintained Overweight
rating and $33 price target on Mindray Medical International Limited (NYSE:MR).
Last Friday Standard Chartered initiated coverage of NetEase.com, Inc.
(NASDAQ:NTES) with In-Line rating and $39 price target. Last Friday Standard
Chartered initiated coverage of Perfect World Co., Ltd. (NASDAQ:PWRD) with
Outperform rating and $33 price target. Yesterday Morgan Stanley upgraded
Simcere Pharmaceutical Group (NYSE:SCR) from Equal-weight to Overweight, and
raised price target from $8.15 to $15.00. JPMorgan initiated coverage of
ShangPharma Corp (NYSE:SHP) with Overweight rating and $16 price target.
Oppenheimer & Co. initiated coverage of ShangPharma Corp (NYSE:SHP) with
Outperform rating and $17 price target. Deutsche Bank maintained Hold rating and
$36.31 price target on Shanda Interactive Entertainment Ltd (NASDAQ:SNDA).
Auriga USA maintained Buy rating and $51 price target on Shanda Interactive
Entertainment Ltd (NASDAQ:SNDA). Jefferies & Company reiterated Buy rating and
$42 price target on Trina Solar Limited (NYSE:TSL). Lazard Capital Markets
maintained Buy rating and $40 price target on Trina Solar Limited (NYSE:TSL).
Morgan Stanley reiterated Overweight rating on WuXi PharmaTech (Cayman) Inc.
(NYSE:WX), and raised price target from $17 to $22. Piper Jaffray initiated
coverage of TAL Education Group (NYSE:XRS) with Neutral rating and $19 price
target. Oppenheimer & Co. initiated coverage of TAL Education Group (NYSE:XRS)
with Outperform rating and $18.5 price target.

TODAY’S STOCK MARKET DOW JONES INDUSTRIAL AVERAGE DJI, S&P 500, NASDAQ INDEX TRENDS, NOTES November 29th, 2010 Close

At open Monday, markets declined and continued with negative trending with the
Dow dipping below 11,000 at one point. As the day progressed the market has made
gains and the Dow has jumped back up but recent events have not made the market
look any safer to investors. Many investors continue to closely monitor the
stirring controversy between North and South Korea as well as Europes debt
crisis. Ireland and its banks are set to receive a bailout and economists wonder
if Portugal and Spain will be next in line for assistance. European officials
have announced that a new protocol has been established for future relief for
other European nations. Investors have been anxiously awaiting details from
retailers on sales from Black Friday and Cyber Monday. Early reports indicate
the shopping season kicked off to a good start with an average of $365.34 a
shopper and an overall increase in spending of 6.4% from last year. Amazon stock
jumped to an all time high, pushed by Cyber Monday sales. At close the market
indexes are all in the red. DJIA dropped 39.51 points to 11,052.49. Nasdaq is
down 9.34 points to 2,525.22. S&P 500 is down 10.59 points to 1,187.76. The U.S.
Treasury 10-year yield is down 0.09to 2.82%. Oil is up 1.93 to $85.74 a barrel.
Gold is down 7.00 to $1366.00 an ounce. The dollar is up 0.0068 to the Euro at
$1.31. Author: Pamela Frost

Top 10 Fastest-Growing U.S.-Listed Chinese Stocks: BIDU, YONG, MPEL, SVN, CTRP, YGE, EJ, VIT, EDU, SSW (Nov 29, 2010)

Below are the top 10 fastest-growing U.S.-listed Chinese stocks, UPDATED TODAY
before 4:30 AM ET, based on the average long-term earnings growth rate estimated
by Wall Street analysts. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the 1st
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 59.8%. This number is based on the average estimate of
8 brokerage analyst(s). Yongye International, Inc. (NASDAQ:YONG) is the 2nd
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 51.0%. This number is based on the average estimate of
3 brokerage analyst(s). Melco Crown Entertainment Ltd (NASDAQ:MPEL) is the 3rd
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 50.1%. This number is based on the average estimate of
1 brokerage analyst(s). 7 DAYS GROUP HOLDINGS LIMITED(ADR) (NYSE:SVN) is the 4th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 33.0%. This number is based on the average estimate of
3 brokerage analyst(s). Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is the
5th fastest-growing stock in this segment of the market. Its long-term annual
EPS growth is expected to be 31.4%. This number is based on the average estimate
of 5 brokerage analyst(s). Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE)
is the 6th fastest-growing stock in this segment of the market. Its long-term
annual EPS growth is expected to be 31.2%. This number is based on the average
estimate of 6 brokerage analyst(s). E-House (China) Holdings Limited (NYSE:EJ)
is the 7th fastest-growing stock in this segment of the market. Its long-term
annual EPS growth is expected to be 31.0%. This number is based on the average
estimate of 4 brokerage analyst(s). VanceInfo Technologies Inc. (NYSE:VIT) is
the 8th fastest-growing stock in this segment of the market. Its long-term
annual EPS growth is expected to be 27.6%. This number is based on the average
estimate of 3 brokerage analyst(s). New Oriental Education & Tech. Group Inc
(NYSE:EDU) is the 9th fastest-growing stock in this segment of the market. Its
long-term annual EPS growth is expected to be 26.1%. This number is based on the
average estimate of 5 brokerage analyst(s). Seaspan Corporation (NYSE:SSW) is
the 10th fastest-growing stock in this segment of the market. Its long-term
annual EPS growth is expected to be 25.3%. This number is based on the average
estimate of 3 brokerage analyst(s).

Gold Price: From Diwali to the New Year in China

As gold demand moves from India to China, Gold Price peaks move from Diwali to
Xīn Nián... read more

Google Alert - TSX

News1 new result for TSX
 
Most actively traded companies on the TSX, TSX Venture Exchange markets
CanadianBusiness.com
By The Canadian Press Uranium One Inc. (TSX:UUU). Mining. Down 32 cents, or 5.91 per cent, at $5.09 on 21014785 shares. The stock gave back some of its ...
See all stories on this topic »


Tip: Use site restrict in your query to search within a site (site:nytimes.com or site:.edu). Learn more.

Remove this alert.
Create another alert.
Manage your alerts.

Google Alert - dow jones stocks

News5 new results for dow jones stocks
 
Stocks Recover as Dollar Retreats
TheStreet.com
... energy and transportation stocks as the dollar retreated from earlier highs. The Dow Jones Industrial Average was down by 28 points, or 0.2%, to 11069. ...
See all stories on this topic »
Stocks stage an afternoon comeback
CNNMoney
The Dow Jones industrial average (INDU) fell 40 points, or 0.4%, closing the session at 11052, according to early tallies. The S&P 500 (SPX) fell 2 points, ...
See all stories on this topic »
Stock futures fall on European debt concerns
BusinessWeek
Ahead of the opening bell, Dow Jones industrial average futures are down 4, or 0.04 percent, at 11026. Standard & Poor's 500 index futures are down 1, ...
See all stories on this topic »
GM stock hits a post-IPO low, rebounds to close unchanged
Detroit Free Press (blog)
The stock's movement followed the overall market, as investors worried about the European debt crisis. The Dow Jones Industrial Average and S&P 500 both ...
See all stories on this topic »
Wall Street Watch – 5 Stocks I'm watching Tuesday
Beacon Equity Research
Check out the message board buzz for these stocks The first trading session after the shortened holiday week ended on a bearish note. The Dow Jones ...
See all stories on this topic »


Tip: Use quotes ("like this") around a set of words in your query to match them exactly. Learn more.

Remove this alert.
Create another alert.
Manage your alerts.

Google Alert - dow jones today

News5 new results for dow jones today
 
CREDIT MARKETS: European Debt Concerns Weigh On Corporates Again
Wall Street Journal
By Michael Aneiro Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Investors soured anew on the prospects for improvement in European sovereign debt problems, ...
See all stories on this topic »
US GAS: Futures Fall As Traders Profit From Last Week's Rally
Wall Street Journal
By Matt Day Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Natural-gas futures slid more than 4% Monday as traders cashed out of the market to profit from its ...
See all stories on this topic »
CORRECT: STREET MOVES: UBS Wealth Unit Names Chief Investment Strategist
Wall Street Journal
In an internal memo reviewed by Dow Jones Newswires, Brown said Ryan will also be tasked with "bringing together market and wealth management research from ...
See all stories on this topic »
HP Launches $2B, 2-Part Bond Sale At Treasurys +73, +95BPs -Sources
Wall Street Journal
By Katy Burne Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Hewlett-Packard Co. (HPQ) is in market with a $2 billion, two-part bond offering split into five- ...
See all stories on this topic »
Dow Jones Industrial Average Steep Stock Sell-Off: Investors Running Scared
Nothing But Buzz
Some of today's losers include Chevron, Boeing, and HP. On the up side, Bank of America made some modest gains. In addition the Dow losing ground, ...
See all stories on this topic »


Tip: Use a minus sign (-) in front of terms in your query that you want to exclude. Learn more.

Remove this alert.
Create another alert.
Manage your alerts.

Google Alert - TSX

News3 new results for TSX
 
TSX slightly down as EU concerns persist
Toronto Star
The S&P/TSX composite index was 28.3 points lower at 12864.5. The TSX Venture Exchange was down 9.32 points to 2047.69. The Canadian dollar fell 0.11 of a ...
See all stories on this topic »
Rusoro Mining credits higher gold prices for improved Q3 results
CanadianBusiness.com
By The Canadian Press VANCOUVER - Rusoro Mining Ltd. (TSX:RML) credits improved gold prices and currency translation for helping it post a profit in its ...
See all stories on this topic »
Coalition of Mohawks and farmers say opposition to Niocan's niobium mine growing
Winnipeg Free Press
Opposition is growing to Niocan's (TSX:NIO) planned niobium mining project in Oka, a suburb north of Montreal, a coalition of Mohawks, farmers and local ...
See all stories on this topic »


Tip: Use quotes ("like this") around a set of words in your query to match them exactly. Learn more.

Remove this alert.
Create another alert.
Manage your alerts.

Google Alert - gold prices today

News3 new results for gold prices today
 
Goldcorp (GG) Down 0.5% With Gold Prices Unchanged
Market Intelligence Center
The stock is lower today as gold prices remain virtually unchanged at $1365.80 an ounce, up $3.40. S&P does not currently have a STARS rating for GG. ...
See all stories on this topic »
Yamana Gold (AUY) Down 0.4% With Flat Gold Prices
Market Intelligence Center
Yamana Gold (NYSE: AUY) opened at $11.19. So far today, the stock has hit a low of $11.07 and a high of $11.31. AUY is now trading at $11.22, ...
See all stories on this topic »
Donner Metals Ltd. and Evolving Gold Corp Under Current Evaluation
Baystreet.ca
New technologies and high prices are allowing historically great projects to resurrect themselves from the grave, giving investors another stab at making a ...
See all stories on this topic »


Tip: Use quotes ("like this") around a set of words in your query to match them exactly. Learn more.

Remove this alert.
Create another alert.
Manage your alerts.

Google Alert - crude prices today

News2 new results for crude prices today
 
Crude Oil - Oil Prices Expected to Range-Trade between $80-86 a Barrel
NASDAQ
The latest trend of the US dollar may become a factor in today's trading, however, since last Friday's uptick in the USD may result in pushing oil prices ...
See all stories on this topic »
Kinder Morgan Energy Partners Expects to Distribute $4.60 Per Unit for 2011
Vancouver Sun
KMP's expectations assume an average West Texas Intermediate (WTI) crude oil price of approximately $89 per barrel in 2011, which approximated the forward ...
See all stories on this topic »


Tip: Use a plus sign (+) to match a term in your query exactly as is. Learn more.

Remove this alert.
Create another alert.
Manage your alerts.

Google Alert - kitco gold

News1 new result for kitco gold
 
Gold Sluggish As Dollar Strengthens
NASDAQ
(Kitco News) - The dollar's strength is keeping gold prices at bay on Monday as US traders filter back to work following last week's Thanksgiving holiday. ...
See all stories on this topic »


Tip: Use a minus sign (-) in front of terms in your query that you want to exclude. Learn more.

Remove this alert.
Create another alert.
Manage your alerts.

Google Alert - TSX

News1 new result for TSX
 
TSX-listed corporate dividends and distributions declared Nov. 20, 2010
Winnipeg Free Press
Mineral Deposits Limited Ordinary J (TSX:MDM): $0. Payable Dec 07. Record Nov 30.< Acuity Focused Total Return Trust Units (TSX:AFU.UN): $0.03. ...
See all stories on this topic »


This as-it-happens Google Alert is brought to you by Google.

Remove this alert.
Create another alert.
Manage your alerts.

Google Alert - dow jones stocks

News5 new results for dow jones stocks
 
MARKET COMMENT: Europe Stocks Drop Amid Contagion Worries
Wall Street Journal
By Aude Lagorce and Barbara Kollmeyer LONDON (Dow Jones)--European stocks ended sharply lower Monday, as an EUR85 billion ($113 billion) bailout package for ...
See all stories on this topic »
GLOBAL MARKETS: European Stocks Fall Amid Contagion Jitters
Wall Street Journal
By Michele Maatouk & Ishaq Siddiqi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--European stock markets fell Monday, unable to hold on to early gains as the ...
See all stories on this topic »
US HOT STOCKS: Amarin, AMAG Pharma, Starbucks, Voltaire, Amazon
Wall Street Journal
US stocks traded lower Monday as the Dow Jones Industrial Average declined 1% to 10981, the Standard & Poor's 500 lost 10 points to 1179 and the Nasdaq ...
See all stories on this topic »
GM stock hits a post-IPO low as market bogs down
Detroit Free Press (blog)
Stocks fell market-wide this morning as investors worried about the European debt crisis. The Dow Jones Industrial Average and the S&P 500 had both slipped ...
See all stories on this topic »
At noon: Stock market declines deepen
Globe and Mail (blog)
In New York, the Dow Jones industrial average DJIA-I was down 121 points at 10971, the S&P 500 SPX-I was off 11 points at 1178, and the Nasdaq composite ...
See all stories on this topic »


Tip: Use a minus sign (-) in front of terms in your query that you want to exclude. Learn more.

Remove this alert.
Create another alert.
Manage your alerts.

Google Alert - dow jones today

News7 new results for dow jones today
 
TODAY'S STOCK MARKET DOW JONES INDUSTRIAL AVERAGE DJI, S&P 500, NASDAQ INDEX ...
Learning and Finance
Stocks fell on Friday as the Thanksgiving holiday week came to a close. Reports indicate that the decline was a result of an overall light trading week with ...
See all stories on this topic »
US Stocks Slump As Worries Over Euro-Zone Debt Persist
Wall Street Journal
By Donna Kardos Yesalavich Of DOW JONES NEWSWIRES NEW YORK (Dow Jones) -- US stocks tumbled Monday as investors worried that the $112.61 billion Irish ...
See all stories on this topic »
US GAS: Futures Extend Losses As Traders Cash Out
Wall Street Journal
By Matt Day Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Natural gas futures extended their earlier losses Monday, plunging by more than 4% as traders ...
See all stories on this topic »
Glaxo Cheers UK 'Patent Box' Plans With Investment
Wall Street Journal
By Sten Stovall Of DOW JONES NEWSWIRES LONDON (Dow Jones)--GlaxoSmithKline PLC (GSK) Monday said it will build its first new manufacturing capacity in ...
See all stories on this topic »
CVC Capital Hires Goldman Sachs For Sale Of Samsonite-Sources
Wall Street Journal
By Marietta Cauchi and Jessica Hodgson Of DOW JONES NEWSWIRES LONDON (Dow Jones)--CVC Capital Partners has hired Goldman Sachs (GS) to advise on a sale of ...
See all stories on this topic »
Areva Capital Increase Seen Delayed Beyond 2010 Or Dropped-Sources
Wall Street Journal
By Geraldine Amiel and AH Mooradian PARIS (Dow Jones)-- The French government's plan to sell 15% of state-controlled nuclear engineering group Areva (CEI. ...
See all stories on this topic »
HK Dollar Up Late As US Banks Sell US Dollars On Profit-Taking
Wall Street Journal
HONG KONG (Dow Jones)--The Hong Kong dollar rose slightly against the US dollar Monday as some US banks sold the US unit to take profit, even as the US ...
See all stories on this topic »


Tip: Use a minus sign (-) in front of terms in your query that you want to exclude. Learn more.

Remove this alert.
Create another alert.
Manage your alerts.

Google Alert - kitco gold

News1 new result for kitco gold
 
Comex Gold weaker as US Dollar Index hits 2.5-month high
Commodity Online
By Jim Wyckoff of Kitco News Comex gold futures prices are trading modestly lower Monday morning, as the US dollar index is trading higher and hit a fresh ...
See all stories on this topic »


Tip: Use a minus sign (-) in front of terms in your query that you want to exclude. Learn more.

Remove this alert.
Create another alert.
Manage your alerts.

Google Alert - TSX

News3 new results for TSX
 
Capstone suspends Mexican mine operations after worker killed
Business in Vancouver
(CS:TSX) reported Sunday that a worker at its Cozamin Mine in Mexico was killed after being trapped in a piece of equipment during a rock fall. ...
See all stories on this topic »
TSX declines as greenback gains ground
MarketWatch
The S&P/TSX Composite Index (THE:CA:$ISPTX) slid 74.8 points, or 0.6%, to 12817.9. The formalization of Ireland's bailout package helped the US dollar ...
See all stories on this topic »
TSX Down As Investors Eye Euro Debt, Canadian Deficit -- Canadian Commentary
RTT News
The S&P/TSX Composite Index dropped 45.60 points or 0.4% to 12847.10. The benchmark index is just under 2% lower from its two-year high hit earlier this ...
See all stories on this topic »


This as-it-happens Google Alert is brought to you by Google.

Remove this alert.
Create another alert.
Manage your alerts.

Google Alert - gold prices today

News1 new result for gold prices today
 
Gold Price: From Diwali to the New Year in China
BullionVault
As gold demand moves from India to China, Gold Price peaks move from Diwali to Xīn Nián... SURGING DEMAND from China, the world's second-largest gold buyer, ...
See all stories on this topic »


This as-it-happens Google Alert is brought to you by Google.

Remove this alert.
Create another alert.
Manage your alerts.

Google Alert - TSX

News6 new results for TSX
 
TSX weakens as EU concerns persist
Toronto Star
The S&P/TSX composite index was 79.7 points lower at 12813. The TSX Venture Exchange was up 9.45 to 2047.55. The Canadian dollar fell 0.41 of a cent to ...
See all stories on this topic »
Centric Energy to be acquired by Africa Oil in $60 million cash, share swap
Winnipeg Free Press
The international oil company, trading on the TSX Venture Exchange, said that each Centric shareholder will receive 0.3077 of a common share of Africa Oil ...
See all stories on this topic »
Skyline Gold Receives TSX Approval to Acquire 8775 Hectare 'Inel' Property in ...
MarketWatch (press release)
RICHMOND, BRITISH COLUMBIA, Nov 29, 2010 (MARKETWIRE via COMTEX) -- Skyline Gold Corporation (TSX:CA:SK) (the "Company"), a company engaged in exploration ...
See all stories on this topic »
CANADA STOCKS-TSX set to open lower on euro zone debt worries
Reuters Africa
Nov 29 (Reuters) - Toronto's main stock index looked set to open lower on Monday after initial enthusiasm over Ireland's bailout faded and investors fretted ...
See all stories on this topic »
TSX Dips As Markets Shrug Off Ireland Bailout - Canadian Commentary
RTT News
The S&P/TSX Composite Index lost 74.14 points or 0.58% to 12818.57 after losing just over 50 points in the previous session. The Diversified Metals Index ...
See all stories on this topic »
HP Bargains 2011 Acura TSX Sport Wagon
Business News Trends
If you thought the Cyber Monday coupons were amazing, you definitely will prepare yourself for Cyber Monday coupons! The After Thanksgiving coupons will get ...
See all stories on this topic »


Tip: Use a plus sign (+) to match a term in your query exactly as is. Learn more.

Remove this alert.
Create another alert.
Manage your alerts.

Making the Euro Work

Unlike Gold Bullion , neither the Euro nor the Eurozone can continue to exist
in their current form... IT WAS A BUSY weekend for finance officials in Europe,
writes Greg Canavan for The Daily Reckoning Australia . That's a sure sign that
things are getting serious. Weekend meetings in the northern hemisphere are all
about getting a soothing message out before markets open in Asia on the Monday.
We saw plenty of Sunday press conferences in the US during the dark days of
2008. Last week was a shocker for Europe. The Irish bailout plan did nothing to
assuage the markets' fears about the financial contagion spreading to Portugal
and then Spain. Bond yields in those countries rose significantly last week,
making it more expensive for their governments to borrow funds. So what went on
over the weekend? Well, European Union finance ministers signed off on a €85
billion 'rescue' package for Ireland. More on that in a moment. It was also
proposed that Europe's current bailout fund, due to expire in 2013, be replaced
with a permanent 'European stabilization mechanism', and that rules relating to
private creditors and possible (probable) future debt restructurings be brought
into line with IMF regulations. According to a Bloomberg article, this means
"Investors won't automatically take losses to share the cost with taxpayers as
German Chancellor Angela Merkel initially proposed to the consternation of bond
traders." The aim, of course, is to inject a shot of confidence into the market.
Banking is a confidence game. It relies on someone lending to someone who lends
to someone else, and so on. Once the chain of lending is broken, usually because
of a loss of confidence, that's when the game is up. This is what is happening
– in slow motion – in Europe. The market is slowly but surely losing
confidence in the current structure of the Eurozone and the European Union (EU).
But the determination of EU officials is heroic. They won't let the Euro
experiment fail without an almighty fight. Hundreds of billions of Euros that
don't yet exist will be pledged to maintain the status quo. But it can't
possibly work in the long term. Let's look at Ireland's bailout package to see
why. According to the Financial Times , of the €85 billion total,
approximately €50 billion will supplement the Irish government's finances
(depleted because of their prior attempts to bail out their banks). Bank
recapitalizations will absorb €10 billion, while the remaining €25 will go
to the banks if needed. (And yes, they'll need it.) Now, in addition to being
saddled with an extra €85 billion in loans – and at roughly 6% interest –
the Irish people will be subjected to a four-year austerity package that aims to
cut €15 billion in spending. So how the economy will achieve sufficient growth
to pay down its debts is anyone's guess. More importantly, will the Irish
population actually allow the EU's plans to play out? This is where we come to
the reason why the Euro experiment, in its current form at least, is doomed...
What is happening in the peripheral countries of Europe now is similar to what
occurred on a global scale in the Great Depression. In the lead up to the 1930s'
depression, the global economy boomed on the back of massive credit expansion.
The reasons behind the credit boom are complex but basically, the rules of the
classical Gold Standard gave way to what became known as a gold exchange
standard after WWI. This allowed both the Bank of England and the Federal
Reserve to pursue very easy money policies, particularly in the second half of
the 1920s. When the bubble burst, in 1929, the fact that currencies were still
tied to gold meant that the adjustment had to be borne internally. That is,
wages, prices and so on were required to fall to correct the imbalances built up
during the boom. Democracies are not especially equipped to deal with 'internal
adjustments', which is another name for deflating an economy's price structure
to bring it back into balance. It can be done after minor booms (eg, 1921) but
not after massive credit binges such as was experienced in the late 1920s. And
in the 1930s there was no social safety net. So, with the Gold Standard
demanding 'internal adjustments', it's not surprising to note that Britain
abandoned gold in 1931, the US in 1933, and France in 1936. By abandoning gold,
these countries effectively devalued their currencies and tried to shift the
necessary adjustment from an internal to an external one. But when everyone
tries to do the same thing, it loses its effectiveness. This was one reason
(amongst many) why the Depression lingered. Perhaps you can see the parallels in
Europe today. Greece, Ireland, Portugal and Spain are all experiencing
depression-like conditions, because they are tied to the Euro. The Euro allowed
them all to party hard under low interest rates, but it's now enforcing a long
and painful hangover by depriving them of the ability to devalue their debts
unilaterally. Under the current system, these countries cannot default on their
debt and devalue the currency. Sticking with the Euro ties them instead to a
painful internal devaluation – of falling wages, falling prices, falling real
estate and business values. But without debt restructuring as well, this too is
likely to fail. In a few years time, their debt-to-GDP ratios will still be sky
high. This whole rescue business is about protecting the banks from defaults.
The idea is to get the banks to build up their capital bases, so they can begin
to absorb some losses. But that will take years. In the meantime, do you think
these countries' people will stand by and accept austerity measures while
bankers and those who lent to the banks receive taxpayer-funded bailouts?
Ireland has done so for a few years now but the political situation there is
looking fragile. Last week, the markets lost faith in the ability of the EU, ECB
and IMF to hold the Eurozone together. This latest series of announcements may
take some pressure off for another few weeks, or even months. But the Euro and
the Eurozone cannot continue to exist in their present form. Gold Investment –
get physical gold at the very lowest costs possible, starting with this free
gram at BullionVault now...

Early Market News: Coca-Cola Co. (NYSE:KO), American Express Co. (NYSE:AXP), Sprint Nextel (NYSE:S)

Here is another collection of breaking news stories which may affect companies as trading continues later. The following listed companies should see some movement: Coca-Cola Co. (NYSE:KO), American Express Co. (NYSE:AXP), Sprint Nextel (NYSE:S). Here is a more detailed look at the news that will affect each company when trading continues. Coca-Cola Co. (NYSE:KO) Coca-Cola (NYSE:KO) has said it wants to strengthen ties with its Jamaica franchisee. This operation will result in the Jamaican operation becoming the supply point for markets in the Southern Caribbean for Coca-Cola (NYSE:KO).William Mahfood, managing director of Wisynco Group, said that the move shows the strong partnership that has developed between the two companies over the years. Wisynco will be investing some J$500 million to raise its production capacity to approximately 15 million cases per year. Meanwhile, it currently produces 10 million cases, up from six million, after a similar investment last year to ramp up its production lines. American Express Co. (NYSE:AXP) American Express (NYSE:AXP) has organized a massive Christmas sweepstakes. By entering the "season of surprises sweepstakes", you have a chance to win a $100,000 grand prize or instant prizes of $10,000 or $25. For entering into the competition, you will have to buy an American Express (NYSE:AXP) gift card and enter the code on the website or click on the link in the rules to enter without purchase. Entry into the Season of Surprises Sweepstakes is open to all US residents above the age of 18. Sprint Nextel (NYSE:S) Sprint Nextel (NYSE:S) has offered super-savings via amazon.com this cyber Monday. It is provided at a discounted price through Amazon.com. This feature-packed PDA phone runs Windows Mobile 5 and contains a slide-out text keyboard. The 1.3 mega pixel camera with video capture, miniSD card slot, touch screen, speakerphone, and the full suite of Windows Mobile software are some of its other features. The unique slide-out QWERTY keyboard makes messaging, note-taking, and other writing tasks a pleasure. There will probably be more movement when trading continues for Coca-Cola Co. (NYSE:KO), American Express Co. (NYSE:AXP) and Sprint Nextel (NYSE:S).
tdp2664
E money daily



LinkWithin

Related Posts Plugin for WordPress, Blogger...