CIBC’s “Golden Outlook” Includes $2,200 by 2013

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DG365FD46564GFH654FU898 CIBC was the latest investment bank to raise its gold price forecasts, and now sees the yellow metal reaching $2,200 per ounce by 2013. In a report published this morning, CIBC World Markets analyst Barry Cooper lifted his average gold estimates to $1,625 from $1,550 in 2011, and to $2,000 from $1,700 in 2012.

Housing Is Still The Key to Recovery

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tdp2664 InvestorPlace The markets have rallied since Fed Chairman Ben Bernanke spoke outside the Federal Reserve’s annual symposium in Jackson Hole, Wyoming, last week. He did not offer a new quantitative easing program, as expected, but he did pin the tail on the donkey, by which I meant he said the onus is on Obama and Congress to act swiftly to aid the recovery. He’s right, and he also was right to state that there needs to be a delicate balance between enough fiscal stimulus and prudent spending. Good luck with that. A lot of attention is going to be placed in the next month on a jobs speech from the president next week, and after that, people will be focused on the Super Committee in Congress that is charged with deficit reduction. My expectation is that the Super Committee will be a political disaster. I really hope I am proven wrong, but the members are far apart in ideology and focus and watching them work will be a very scary civics lesson. You will just not want to let your children watch that mess. Some members on the committee are dedicated spenders who think that redistribution of taxpayer money is a form of social justice. Others are highly partisan in the opposite direction. Members will try to protect their personal turfs, and the grand bargain will be elusive. It could be a horror show. That puts even more pressure than usual on the president to get his side of the politics right, or the equity and credit markets are going to be hopping mad come autumn. The main positive idea that’s been floated is a housing initiative that would allow people to refinance their homes at current interest rates, around 4%, even if they lack much equity. I love this idea, but officials have been trying to work out the details for months without success. I am told that around 750,000 permanent mortgage modifications have been done, which sounds like a lot, but it’s really just a start. Bankers estimate there are 5.5 million mortgages currently in foreclosure or tied up in bankruptcy. CoreLogic has said that nearly 11 million homes are currently valued below their current mortgage. That’s about 20% of U.S. homeowners, analysts say. How do these people refinance responsibly? This gets to the heart of the problem with housing. Home affordability is at its best levels in decades after prices have fallen by a third in many regions, and mortgages are dirt cheap. The problem is not prices or rates, but that there are not enough people with good jobs to buy homes.

Frogger Celebrates 30th Birthday on iPhone

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tdp2664 InvestorPlace Crossing the road didn’t go precisely as he expected it to. The trucks were moving faster than he thought, there were too many alligators, and he never saw that car coming. Frogger, known for his work in the Frogger classic arcade game, wasn’t crippled in that accident back in 1981, at least not physically. He’s been held back for years by self-doubt, never as big a hit as Pac-Man or those pesky Super Mario Bros. He tried to get a role in Activision Blizzard ‘s ( NASDAQ : ATVI ) Call of Duty , but he got passed over for characters with opposable thumbs. A few years back, Frogger figured he’d change direction, give up the video game ghost and go get his MBA. Now, on his 30th birthday, things are turning around. Frogger’s back on the scene, connecting with the kids via a new game sold in Apple ‘s ( NASDAQ : AAPL ) App Store. Everything’s going to be different now. Heartwarming return aside, the release of a new edition of Konami Corp. ‘s (NYSE: KNM ) Frogger series on the App Store to celebrate the game’s 30th anniversary demonstrates just how much the game industry has changed in recent years. Even five years ago, this sort of brand would see its anniversary used to leverage a fleet of retail products, $40 retail games for Sony ‘s (NYSE: SNE ) PlayStation 2 or Microsoft ‘s ( NASDAQ : MSFT ) original Xbox system. Now it would be impossible for Konami to make money on a disc-based retail game of Frogger ; it’s too insubstantial as a game and too unfamiliar to young players to capture the crowd still buying games for Nintendo ‘s (PINK: NTDOY ) machines. The $1.99 Frogger Decades in the App Store is perfect, though. It was undoubtedly cheap to make and it’s the sort of flotsam that iPhone owners will happily download and amuse themselves with when they have a few idle minutes. It ultimately will be interesting to see how well this game performs alongside perpetual hits like Rovio’s Angry Birds . Leveraging classic brands is the oldest marketing strategy in the book — just look at the number of television and movie remakes from the past year alone. Video games have especially exploited audience nostalgia. Nintendo’s New Super Mario Bros. Wii , a game released in 2009 but modeled after a game made in 1985, has sold more than 22 million copies. While classic brands have sold decently on mobile devices, they haven’t seen nearly the success of newer titles like the aforementioned Angry Birds or others like Electronic Arts (NASDAQ: ERTS ) subsidiary PopCap’s Bejeweled . A perfect example is Sega’s Sonic the Hedgehog 4 . Released at the end of 2010, the company developed the game — the first numerical sequel to the classic series since 1994 — for Apple’s iPhone first and other platforms like the Nintendo Wii second. It failed to break into the App Store’s top 10. The bottom line is that new intellectual property tends to sing on mobile platforms. That’s good news for businesses heavily invested in the industry, as well as investors following companies like Zynga and Rovio who stand to go public in the next year. It’s also great news for creativity. Any sign that original work is more profitable than rehashes and nostalgia cash-ins is a good sign indeed. As of this writing, Anthony John Agnello did not own a position in any of the stocks named here. Follow him on Twitter at

7 Companies Increasing Dividends

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tdp2664 InvestorPlace It was yet another volatile five-day period for stocks, as the buying that took place early this week succumbed to some heavy selling by week's end. The big data point was received Friday, as the August employment report saw no new net jobs created in the month, and an unemployment rate that remains at a dismal 9.1%. The news prompted a big selloff in stocks, a slide in oil prices and a surge in gold prices. The macroeconomic news is no doubt at the forefront of every investor's mind these days, and many now are wondering if the Federal Reserve will make a move to help stimulate the economy with another round of quantitative easing. We'll find out what the Fed has to say Sept. 20-21 when the Federal Open Market Committee meets. In the meantime, however, investors shouldn't lose sight of the fact that there still are plenty of stalwart companies earning profits and increasing dividends. Here are seven companies boosting payouts this week: Airgas Inc. Industrial, medical and specialty gases market Airgas Inc. (NYSE: ARG ) inflated its quarterly dividend by 10% to 32 cents from 29 cents. The new dividend will be paid Sept. 30 to shareholders of record as of Sept. 15. The new dividend yield, based on the closing price of $64.05, is 2%. The increased dividend comes just eight months after Airgas boosted its quarterly payout by 16%. Altria Group Tobacco giant Altria Group (NYSE: MO ) lit up its quarterly dividend on Aug. 26, as the company announced a 7.9% boost in its quarterly payout to 41 cents per share. The new dividend is payable on Oct. 11 to shareholders of record as of Sept. 15. Based on the closing price of $26.30 on Aug. 26, the new dividend yield is 6.24%. Brinker International Chain restaurant operator Brinker International (NYSE: EAT ), parent company of suburban eating destinations Chili's Grill & Bar and Maggiano's Little Italy, cooked up a 14% increase in its quarterly dividend to 64 cents per share from 56 cents. The new payout will be served on Sept. 29 to shareholders of record as of Sept. 9. The new dividend yield, based on the Aug. 29 closing stock price of $23.02, is 11.12%. The company continued to repurchase its shares last quarter, gobbling up 2.5 million shares for a total of $62.9 million in fiscal Q4.

Randgold Resources leads gains on 100, in London mining sector

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gol2664 Negocioenlinea Randgold Resources leads gains on 100, in London mining sector Finance Markets – 1 hour ago European equities markets were lower Friday after the US Labor Department reported that there was no job growth in the United States in August, leaving the unemployment rate at 9.1 percent, and …

Expeditors International: Proven, But Pricey

Expeditors International of Washington (NASDAQ: EXPD ), an air- and
ocean-freight shipping company, has been on a growth tear. In the past 12
months, its revenues have grown at 46% and its profits have gone along for the
ride up 43%. Is that fast growth enough reason to add Expeditors to your
portfolio? Here are three reasons to consider it: Decent earnings reports.
Expeditors has been able meet or beat analysts expectations fairly consistently
and has done so in four of its past five earnings reports . Increasing sales and
profits and cash-rich balance sheet. Expeditors has been

Todays gold price per ounce silver price per ounce spot gold per gram spot silver per ounce Close

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dow2664 Gold and silver prices were soaring to new highs during the trading session today. Economic news that posted earlier this day was weaker than anticipated and this drove investing behavior. The national unemployment rate remained at 9.1 percent and the jobs created in July equaled half of what was expected. A stock sell off initiated just after opening bell today, stock indices plummeted after the jobs data posted and precious metals like gold and silver notched higher. Gold price per ounce rates bumped up above the 1880 per troy ounce rate as a result. As the end of day close approached for today, the primary stock indices continued to trend in negative territory. The risk of the double dip was tangible. As close neared, the Dow Jones was lower by 2.29 percent at 11,229.97. Gold and silver contracts continued to go green today. Contract gold for December delivery was higher by 2.24 percent at 1870 per troy ounce. Spot gold and spot silver were green at this point in the trading session as well. Spot gold price per gram was higher by 1.72 at 60.43. Spot silver price per ounce was green by 58.45 at 1392.13 per troy ounce at this point in the afternoon. Camillo Zucari

Gold Futures Surge to Near Record Closing High

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DG365FD46564GFH654FU898 Gold futures surged higher following the dismal U.S. jobs report on Friday, with the COMEX December 2011 contract settling higher by $47.80, or 2.6%, at $1,876.90 per ounce. In doing so, gold futures came within 0.8% of $1,881.90, their all-time high on a closing basis – reached on August 22. Furthermore, COMEX gold futures posted a weekly gain of $79.60, or 4.4%. Following the COMEX close, gold futures extended their gains in electronic trading to $1,887.40 per ounce. Silver rallied alongside the yellow metal, with the COMEX September 2011 futures contract advancing $1.85, or 4.5%, to $43.38 per ounce. While silver outperformed the price of gold on Friday, it lagged the yellow metal on a weekly basis as it rose $0.95, or 2.2%. Gold and silver equities surged alongside precious metals on Friday, with the Philadelphia Gold & Silver Index (XAU) jumping 1.3% to 222.10.

Gold Price Closed Today at $1873.70

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DG365FD46564GFH654FU898 Gold Price Close Today : 1,873.70 Silver Price Close Today : 43.02 Platinum Price Close Today : 1,884.80 Palladium Price Close Today : 781.10 Gold Silver Ratio Today : 43.55 Dow Industrial : 11,493.57 US Dollar Index : 74.49

Hot Stock: Genta Incorporated (OTC: GNTA)

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tdp2664 Epic Stock Picks The shares closed at $0.0157 on Monday with a fall of 63.40%. This steep fall should be attributed to the Company's announcement regarding the poor results of its 10 year long effort to achieve a clinically meaningful benefit for patients with melanoma. The shares traded at prices much below the prior 1 month range and have contributed in creating 52 week lowest price. On Monday the Company announced that overall survival for patients treated with Genasense®(oblimersen sodium) Injection plus chemotherapy in AGENDA, the Company’s Phase 3 trial of Genasense® in patients with advanced melanoma, did not bring significantly superior results as compared with patients treated with chemotherapy alone. AGENDA was known to be a randomized, double-blind, placebo-controlled trial of dacarbazine administered with or without Genasense® in patients who had not previously received chemotherapy. As described in a prior randomized trial, AGENDA employed a biomarker to identify and define patients who might maximally benefit from such treatment. In the trial, median survival was 13.5 months in the Genasense group® as compared to 13.1 months in the chemotherapy-only group (P=0.73). The durable response rate (which means the proportion of patients who achieved a major objective response that persists at least 6 months) was 10.8% and 7.6%, respectively (P=0.32). According to Dr. Raymond P. Warrell, Jr., Genta’s Chief Executive Officer, they are quiet disappointed with this result, which has terminated their 10-year effort to achieve a clinically meaningful benefit for patients with melanoma. Moreover, he added that keeping these results in view, they plan to review the Company’s pipeline portfolio and provide further guidance in the near future. He also acknowledged that the Company is grateful for the tireless dedication of its employees and for the contributions of the many physicians, patients, and families who have worked to advance Genasense for cancer treatment. Genta Incorporated (Genta) is a biopharmaceutical company engaged in pharmaceutical (drug) research and development. The Company is engaged in the identification, development and commercialization of drugs for the treatment of cancer and related diseases.

General Electric GE MSN Money Stock Quote; DJIA Index DJX DJI Stock Market Close Investing Review Today

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dow2664 It was a rough day for investors on Wall Street today. The economic news that posted today was much weaker than expected and as a result, stock indices plummeted. Investors were selling off and moving towards less riskier assets like safe haven gold today. The jobs data that posted earlier today initiated this action. The number of jobs that were created in July was far below that which was expected by most economists. The unemployment rate also stayed above average at 9.1 percent. After the initial sell off during the opening half of the trading session, the primary indices continued to trend lower as there was no catalyst for a positive slope. As close was finalizing, stock index tracking revealed that the Dow Jones Industrial Average was lower by over 250 points at 11,235.42. The Nasdaq was lower by over 72 points at 2,474 and the S&P 500 was lower by over 31 points at 1,173. September’s opening few day’s did little to boost confidence. Negative pressure in the marketplace intensified with the credit downgrade last month and it continued through into September. It continues to hurt the primary indices overall and individual company stock values. General Electric felt the negative pressure today and as a result, stock value closed out red. As close finalized, GE was lower by 3.64 percent at 15.62. Previous close for GE was 16.20 according to MSN Money Stock Quote. Frank Matto

Gold, Silver Spike Higher Following August Jobs Report

Gold spiked higher early Friday as the Department of Labor reported that no new
jobs were created in the U.S. in August, the first time theres been no net
increase in jobs in 11 months. Spot gold was trading at $1,872.60 Bid, $1,873.60
Ask, up $47.20, or 2.59%, an ounce on the day thus far, hitting a high of
$1,882.30 and a low of $1,858.50. The London p.m. price was fixed at $1,875.25.
Spot silver was trading at $42.73 Bid, $42.83 Ask, up $1.23, or 2.96% per ounce,
hitting a high of $43.29 and a low of $42.36. The London a.m. price fix was set
at $42.50, according to Kitco market data . The U.S. unemployment rate was
constant month-to-month, coming in at 9.1%, the Labor Department reported
heading into the Labor Day weekend. The report does include some 45,000 striking
Verizon workers who have since returned to work. Government jobs continue to be
lost at the federal, state and local level, however: 17,000 government jobs were
eliminated in August. In exchange trading, gold and silver trusts were sharply
higher early Friday. The SPDR Gold Trust (NYSE: GLD ) was about 2.75% higher.
The iShares Gold Trust (NYSE: IAU ) was up about the same. The iShares Silver
Trust (NYSE: SLV ) was showing gains of around 3.5%. Gold and silver miners ETFs
were moving up strongly. The Market Vectors Gold Miners ETF (NYSE: GDX ) was up
about 2.8%. The Market Vector Junior Gold Miners ETF (NYSE: GDXJ ) was more than
3% higher. The Global X Silver Miners ETF (NYSE: SIL ) was up around 1.9%.
Shares of gold miners were marching higher as well. Agnico Eagle Mines (USA)
(NYSE: AEM ) was more than 3% higher. Barrick Gold Corp. (NYSE: ABX ) was nearly
3.5% higher. Goldcorp (NYSE: GG ) was up around 3%. Newmont Mining Corp. (NYSE:
NEM ) was 1.7% higher. NovaGold Resources (USA) (AMEX: NG ) was around 0.1%
higher. Silver mining shares were sharply higher, with Coeur DAlene Mines up
more than 5% on the day thus far. Coeur DAlene Mines Corp. (NYSE: CDE ) was
nearly 5% higher. Hecla Mining (NYSE: HL ) was up more than 5%. Pan American
Silver Corp. (USA) (NASDAQ: PAAS ) was up around 4.5%. Silver Wheaton Corp.
(USA) (NYSE: SLW ) was around 3.3% higher. Silver Standard Resources Inc. (USA)
(NASDAQ: SSRI ) was 4.25% higher. The author does not hold positions in any of
the above-mentioned investments.

Dow Drooping Before Labor Day Weekend

Traders faced gloomy economic news from around the globe, no employment growth
in the U.S. for August, a series of weak manufacturing reports and commodities
inflation Friday. The Dow answered by dropping about 220 points, or around 1.9%,
to under 11,275. The Dow is now down in triple digits two sessions in a row
after finishing August with a surge. Losses in the morning session combined with
yesterdays drop have put the Dow back into negative territory for the year. Not
a single Dow stock was up in early-morning action. Bearish sentiment is at 54%.
Bank of America (NYSE: BAC ) was down about 6%, losing about 50 cents a share to
around $7.40. Investors were rattled by a Wall Street Journal article on new
scrutiny from the Federal Reserve about how Bank of America will react to dire
circumstances. This year seems to demonstrate that, as BAC is down more than 40%
for 2011. Bank of America has been selling assets but still is holding onto tens
of billions of dollars worth of liabilities from bad mortgages. Mentioned in the
article also was a spinoff of Merrill Lynch, which will be a tremendous blow to
the earnings of Bank of America. An analyst report yesterday pointing out that
JPMorgan (NYSE: JPM ) has far more problem mortgages than Bank of America or
Wells Fargo has the stock down about 4% to under $34.95, dropping around $1.40.
Unflattering articles in the WSJ on JPMorgans stock buyback program and mortgage
woes also shook investors. For 2011, JPM is down more than 13%, resulting in a
$600 million paper loss for its stock buyback program. Another article in the
WSJ was taking Hewlett-Packard (NYSE: HPQ ) down about $1, around 4%, to about
$25.75. The piece detailed how customers of Hewlett-Packard are losing
confidence in the company after it announced plans to spin out is personal
computer division. Since that announcement Aug. 18, the stock has fallen about
20%. Concerns about global economic growth were plowing under Caterpillar (NYSE:
CAT ) by about $2.50 and 3% to under $86. It has been a good week for The Big
Cat, which is up more than 6% during that time, but a bad quarter, off more than
12%. For the year, it is up more than 30%. Alcoa (NYSE: AA ) was lower by about
30 cents and 2.5% to under $12.20 per share. Earlier reports on massive Chinese
buying of metals have the aluminum producer up almost 8% for the week. But, for
the quarter, it is down more than 20%. Alcoa is a very volatile stock with a
beta of more than 2. Landing about $2 and 3% lower was Boeing (NYSE: BA ),
trading around $64.15. A massive reported order for the new version of the 737
has Boeing up more than 8% for the week, but doubts about U.S. and global
economic recovery have the jet maker flying much lower in the early-morning
buying and selling. Jonathan Yates does not own any of the stocks mentioned in
this article.

Streaming Wild West: Netflix Loses Starz, Competition Heats Up

It couldnt have happened at a worse time. On the same day that the company
instituted new subscription pricing to its streaming video service, Netflix
(NASDAQ: NFLX ) lost its contract with Starz. The Liberty Media -owned (NASDAQ:
LSTZA ) premium movie channel has been one of Netflixs most vital partners
during the past three years as it has transformed from a by-mail DVD rental
company into the face of digital movie and television distribution. It was
through its partnership with Starz that Netflix gained access to big-name movies
from Sony (NYSE: SNE ), Disney (NYSE: DIS ) and others within the HBO Window a
period of time after a films home release when digital outlets are barred from
distributing movies playing on premium cable channels. It was Starz that
reportedly walked out of new contract negotiations with Netflix. The company
released a statement Thursday saying that once its current contract runs out
Feb. 28, it will pull its content from Netflix to protect the premium nature of
our brand by preserving the appropriate pricing and packaging of our exclusive
and highly valuable content. Netflix in turn commented to All Things Digital
that it isnt worried too much about the loss since Starz programming represents
just 8% of what U.S. Netflix subscribers watch . It cited partnerships with film
distributors like Lions Gate (NYSE: LGF ) and Viacom s (NYSE: VIA ) Paramount
Pictures as picking up the slack and boasted that it will take the money it had
set aside from Starzs licensing fees and use it to secure contracts with other
content providers. While Netflix doesnt seem perturbed, its shareholders were
clearly shaken by the announcement. The stock was down almost 10% by mid-morning
Friday. Is there really that much cause for alarm? Investors looking to
capitalize on the streaming video boom need to brace themselves for turbulence
over the next two years. Netflixs power in the space still is largely
uncontested, but new competitors are popping up all the time. Amazon (NASDAQ:
AMZN ) slowly is building up a strong library of streaming titles for its Amazon
Prime premium subscription service . What started as a stable of 5,000 titles in
January grew to 9,000 by August thanks to new deals with CBS (NYSE: CBS ) and
Comcast s (NASDAQ: CMCSA ) NBC Universal. Apple (NASDAQ: AAPL ) is said to be
working fast to transform iTunes into a streaming video business as well. Cable
providers like Time Warner (NYSE: TWX ) are aggressively expanding into
streaming video . Not only did the company release apps for Apples iPhone and
iPad that offer access to certain cable channels, it expanded the HBO Go service
to mobile devices as well. (HBO Go is a streaming-only subscription to HBO that
can be accessed on Internet-connected devices.) Thats just a handful of the
players that are all vying for rights to the most profitable content. On the one
hand, this means content partners like Starz are seeing the value of their goods
increase in the digital space rather than dwindling because of piracy. Viacom is
a solid example of how lucrative digital licensing can be , and its no wonder
Starz is holding out for more from Netflix. On the other hand, the space still
is very much in its Wild West phase, with the overall value of streaming
services changing quickly. Netflixs new subscription model is just the first of
many upheavals coming to the entire space during the next 12 months as streaming
businesses and content providers iron out just how theyre going to make the most
money. In the meantime, though, investors shouldnt worry too much about Netflix.
The company has had dust-ups with its content partners before. Just a few months
ago it appeared that contract renegotiations with CBS (NYSE: CBS ) had broken
down completely, but by the summer, the two companies came to an agreement that
not only reinstated a good deal of Showtime programming to Netflix, but it
expanded its library in international markets. Netflix might lose Starz, but
plenty of other networks and movie studios want access to an audience thats 25
million strong. As of this writing, Anthony John Agnello did not own a position
in any of the stocks named here. Follow him on Twitter at

Friday Apple Rumors: Might as Well Be Blocking Out the Sun

Here are your Apple news items and rumors for Friday: Apple Blocks Out the Sun:
While Tim Cook hasnt pulled a C. Montgomery Burns just yet, Apple (NASDAQ: AAPL
) is watching its plans for a new major retail location in London come under
fire for getting in the way of Earths natural light source. According to a
Friday report at Reuters , plans for a new Apple Store in Londons financial
district could potentially fall through because of nearby properties right to
sunlight. Hines Interests is the prospective buyer of the land in question where
Apple would rent and build its new store. The current owner, City of London, is
looking for ways to actually supersede laws that would allow the propertys
neighbors to block the development of the property on grounds that the new
stores would block out sunlight. Its unknown if Apple plans to introduce its
latest product, the iSun, to illuminate the neighborhood in bright but
unpleasant LCD screen light. Obama Could Ban Tablet Bannings: If Apple moves to
block Samsun gs (PINK: SSNLF ) Galaxy Tab or other iPad and iPhone competitors
from releasing in the United States in the same way it has in Australia, Germany
and other countries, it turns out President Barack Obama can overturn the block.
According to a recent report in The Wall Street Journal (via 9 to 5 Mac ), the
president has the ability to waive rulings made by the International Trade
Commission . This means that if any of the numerous patent infringement
complaints filed by mobile device makers in recent months results in the
blocking of an Apple, Google (NASDAQ: GOOG ), Microsoft (NASDAQ: MSFT ) or any
other makers device, the president can unblock it post-haste. Samsung probably
should tell Obama about the whole 2001 thing . Openwave and Wi-LAN Target Apple:
Speaking of patent infringement lawsuits, two smaller companies filed against
Apple this week, according to MacRumors . First, Openwave filed a complaint with
the ITC looking to bar not just all iPhone and iPad models from sale in the
U.S., but also Research In Motion s (NASDAQ: RIMM ) BlackBerry Curve and
PlayBook devices. Openwave claims all of these devices violate five patents held
by the company across a swath of different applications and design elements. The
second is Wi-LAN, which claims Apple has infringed on the companies wireless
technology patents. As of this writing, Anthony John Agnello did not own a
position in any of the stocks named here. Follow him on Twitter at

Gaming’s Big Macau Players Are a Gamble

When it comes to casino stocks, investors have not always had Lady Luck on
their side even in the red-hot gaming market of Macau. Shares of Wynn Resorts
(NASDAQ: WYNN ) have soared more than 46% this year because its operations in
Macau are growing like gangbusters. The Macau magic, however, has not rubbed off
on Las Vegas Sands (NYSE: LVS ), which has barely budged this year amid
investors' concerns about lawsuits alleging illegal activities in Macau ,
which the firm has denied. MGM Resorts (NYSE: MGM ), which recently took control
of its Macau joint venture, has been hurt by concerns about its lackluster
earnings. Its shares have slumped nearly 30%. None of these stocks are a
compelling value even though Macau gaming revenue was a record $3.1 billion in
August , an increase of 57% year-over-year. Wynn Resorts whose Macau property
features a 222,000-square-foot casino, 600 luxury rooms and suites along with
46,000 square feet of retail space trades at a multiple of more than 50, well
above the average P/E of the S&P 500, which is about 16. Wall Street analysts
have an average target price of $150 on the stock, which about where it trades
now. Las Vegas Sands, which owns three properties in Macau and one in Singapore,
might have more upside potential than Wynn Resorts. Analysts have an average
price target of $53.50 on the stock, above the $45.01 where it traded recently.
It has a more reasonable multiple of 38. Sands China Ltd., a subsidiary of Las
Vegas Sands, reported $1.21 billion in quarterly revenue , up 16.3% from 2010.
Net income rose 100.1% to $267.4 million. Adjusted property EBITDA for Sands
China Ltd. increased 27.1% to $382.1 million. Second-quarter net revenues at
Wynn Macau were $976.5 million , a 36.7% increase over 2010. Adjusted property
EBITDA rose 45.4% to $314.3 million. Future success in Macau is far from
certain. Concerns about China's economy overheating appear to be justified .
Moreover, Wynn and Las Vegas Sands face formidable local competitors in Macau
such as Melco Crown Entertainment (NASDAQ: MPEL ) and Asia Entertainment &
Resources (NASDAQ: AERL ). But the American firms have an ace up their sleeves
that the Chinese firms don't Las Vegas. Wynn CEO Stephen Wynn bragged on his
company's recent earnings conference call that in early July, Wynn's
operations in Sin City equaled their performance in 2010 , "so for the balance
of the year, everything from here on in, in Las Vegas is improvement. His
counterpart at Las Vegas Sands, Sheldon Adelson, touted the 41% gain in adjusted
EBIDTA at his Vegas properties because of an increase in conventions and the
"improving Las Vegas environment." Indeed, the Las Vegas Strip went jokers
wild in May and June, posting gains of 28.93% and 32.31% , respectively, boosted
by increased revenue from table gains. "Definitely, we had two good months,"
says Dr.

Top 10 U.S.-Listed Chinese Stocks with Most Analyst Upgrades: PWRD, SINA, YGE, TSL, CYOU, SOHU, EJ, BIDU, MPEL, SPRD (Sep 02, 2011)

Below are the top 10 U.S.-listed Chinese stocks with most analyst upgrades in
the past four weeks. Sentiment on these stocks is turning more positive. Perfect
World Co., Ltd. (ADR) (NASDAQ:PWRD) has the 1st most analyst upgrades in the
past four weeks. It was upgraded by 3 brokerage analyst(s) in this period. The
stock is rated positively by 15 of the 19 analysts covering it. SINA Corporation
(USA) (NASDAQ:SINA) has the 2nd most analyst upgrades in the past four weeks. It
was upgraded by 3 brokerage analyst(s) in this period. The stock is rated
positively by 11 of the 25 analysts covering it. Yingli Green Energy Hold. Co.
Ltd. (ADR) (NYSE:YGE) has the 3rd most analyst upgrades in the past four weeks.
It was upgraded by 3 brokerage analyst(s) in this period. The stock is rated
positively by 10 of the 26 analysts covering it. Trina Solar Limited (ADR)
(NYSE:TSL) has the 4th most analyst upgrades in the past four weeks. It was
upgraded by 2 brokerage analyst(s) in this period. The stock is rated positively
by 24 of the 32 analysts covering it. Changyou.com Limited(ADR) (NASDAQ:CYOU)
has the 5th most analyst upgrades in the past four weeks. It was upgraded by 2
brokerage analyst(s) in this period. The stock is rated positively by 16 of the
20 analysts covering it. Sohu.com Inc. (NASDAQ:SOHU) has the 6th most analyst
upgrades in the past four weeks. It was upgraded by 2 brokerage analyst(s) in
this period. The stock is rated positively by 12 of the 22 analysts covering it.
E-House (China) Holdings Limited (ADR) (NYSE:EJ) has the 7th most analyst
upgrades in the past four weeks. It was upgraded by 2 brokerage analyst(s) in
this period. The stock is rated positively by 5 of the 8 analysts covering it.
Baidu.com, Inc. (ADR) (NASDAQ:BIDU) has the 8th most analyst upgrades in the
past four weeks. It was upgraded by 1 brokerage analyst(s) in this period. The
stock is rated positively by 27 of the 31 analysts covering it. Melco Crown
Entertainment Ltd (ADR) (NASDAQ:MPEL) has the 9th most analyst upgrades in the
past four weeks. It was upgraded by 1 brokerage analyst(s) in this period. The
stock is rated positively by 13 of the 17 analysts covering it. Spreadtrum
Communications, Inc (ADR) (NASDAQ:SPRD) has the 10th most analyst upgrades in
the past four weeks. It was upgraded by 1 brokerage analyst(s) in this period.
The stock is rated positively by 11 of the 12 analysts covering it.

Gold Price Closed Today at $1873.70

Gold Price Close Today : 1,873.70 Silver Price Close Today : 43.02 Platinum
Price Close Today : 1,884.80 Palladium Price Close Today : 781.10 Gold Silver
Ratio Today : 43.55 Dow Industrial : 11,493.57 US Dollar Index : 74.49

Gold Futures Surge to Near Record Closing High

Gold futures surged higher following the dismal U.S. jobs report on Friday,
with the COMEX December 2011 contract settling higher by $47.80, or 2.6%, at
$1,876.90 per ounce. In doing so, gold futures came within 0.8% of $1,881.90,
their all-time high on a closing basis reached on August 22. Furthermore, COMEX
gold futures posted a weekly gain of $79.60, or 4.4%. Following the COMEX close,
gold futures extended their gains in electronic trading to $1,887.40 per ounce.
Silver rallied alongside the yellow metal, with the COMEX September 2011 futures
contract advancing $1.85, or 4.5%, to $43.38 per ounce. While silver
outperformed the price of gold on Friday, it lagged the yellow metal on a weekly
basis as it rose $0.95, or 2.2%. Gold and silver equities surged alongside
precious metals on Friday, with the Philadelphia Gold & Silver Index (XAU)
jumping 1.3% to 222.10.

Microsoft Corporation (NASDAQ:MSFT) GUI To Work As App

Microsoft Corporation (NASDAQ:MSFT) has said that the Windows 8 Graphical User
Interface will be just another application. Microsoft Corporation (NASDAQ:MSFT)
GUI To Work As App The summer has been abuzz with discussion of the user
interface of the upcoming operating system from Microsoft Corporation
(NASDAQ:MSFT), with not a huge amount of accurate info available. Now some
official reports are surfacing, and according to the latest blog post on the
Windows 8 blog, the next operating system will consider 'desktop' as an
optional environment. As developers and users are being given a chance to share
opinions and leave suggestions, the final version may still have further changes
by the time the software is finalized. Microsoft Corp. (NASDAQ:MSFT) company
shares are currently standing at 26.21. Price History Last Price: 26.21 52 Week
Low / High: 23.54 / 29.46 50 Day Moving Average: 25.99 6 Month Price Change %:
2.0% 12 Month Price Change %: 13.4%

Apple Inc. (NASDAQ:AAPL) Suppliers Accused

Apple Inc. (NASDAQ:AAPL) suppliers in China have been accused over
environmental pollution. Apple Inc. (NASDAQ:AAPL) Suppliers Accused The Mac
Maker has become a major 'contributor' to environmental pollution, according
to a report from a non-government organization in the country that has been
working against pollution. The organization has accused Apple Inc. (NASDAQ:AAPL)
and its suppliers of discharging polluted water and toxic metals into the
communities around their factories. Apple Inc. (NASDAQ:AAPL) is reportedly
looking into the claims. Apple Inc. (NASDAQ:AAPL) stocks are currently standing
at 381.03. Price History Last Price: 381.03 52 Week Low / High: 248.57 / 404.5
50 Day Moving Average: 368.55 6 Month Price Change %: 9.3% 12 Month Price Change
%: 58.3%

Top 10 Dividend Stocks for September

Protect Yourself With Dividends The month got off to a less than auspicious
start with the Dow Jones Industrial Average falling almost 120 points on Sept.
1. After the late August rally, such a pullback was to be expected, but
September is historically the toughest month of the year for the Dow. It is
possible that the market will continue to climb, but it is in your best interest
to have hedging tools you can use to counteract sudden market downturns like the
one that hammered stocks in early August. One of the best strategies for a
difficult market such as this one is to own high-yielding dividend stocks. In
addition to high yields, dividend safety should be another top concern for
income investors. And finally, you want to make sure that you pick sectors that
will hold up well in these economically challenging times. And that's exactly
what we've done for you. Here are our top dividend stocks to buy for
September:

Top 10 Focus Stocks of The Day: LQDT, CIEN, UTIW, SHFL, CXPO, SWSH, GLUU, BCSI, DTLK, SPRD (Sep 02, 2011)

Below are todays top 10 focus stocks. These momentum stocks are attracting a
lot of interest from traders. One Chinese company (SPRD) is on the list.
Liquidity Services, Inc. (NASDAQ:LQDT) is todays 1st best focus stock. Its daily
price change was 30.4% in the previous trading session. Its upside potential is
0% based on brokerage analysts average target price of $31 on the stock. It is
rated positively by 83% of the 6 analyst(s) covering it. Its long-term annual
earnings growth is 27% based on analysts average estimate. Ciena Corporation
(NASDAQ:CIEN) is todays 2nd best focus stock. Its daily price change was 20.2%
in the previous trading session. Its upside potential is 36% based on brokerage
analysts average target price of $20 on the stock. It is rated positively by 61%
of the 28 analyst(s) covering it. Its long-term annual earnings growth is 15%
based on analysts average estimate. UTi Worldwide Inc. (NASDAQ:UTIW) is todays
3rd best focus stock. Its daily price change was 13.1% in the previous trading
session. Its upside potential is 36% based on brokerage analysts average target
price of $21 on the stock. It is rated positively by 40% of the 15 analyst(s)
covering it. Its long-term annual earnings growth is 19% based on analysts
average estimate. Shuffle Master, Inc. (NASDAQ:SHFL) is todays 4th best focus
stock. Its daily price change was 13.0% in the previous trading session. Its
upside potential is 26% based on brokerage analysts average target price of $13
on the stock. It is rated positively by 63% of the 8 analyst(s) covering it. Its
long-term annual earnings growth is 25% based on analysts average estimate.
Crimson Exploration Inc. (NASDAQ:CXPO) is todays 5th best focus stock. Its daily
price change was 12.8% in the previous trading session. Its upside potential is
75% based on brokerage analysts average target price of $5 on the stock. It is
rated positively by 86% of the 7 analyst(s) covering it. Its long-term annual
earnings growth is 10% based on analysts average estimate. Swisher Hygiene Inc
(NASDAQ:SWSH) is todays 6th best focus stock. Its daily price change was 12.6%
in the previous trading session. Its upside potential is 76% based on brokerage
analysts average target price of $9 on the stock. It is rated positively by 100%
of the 2 analyst(s) covering it. Its long-term annual earnings growth is 20%
based on analysts average estimate. Glu Mobile Inc. (NASDAQ:GLUU) is todays 7th
best focus stock. Its daily price change was 11.5% in the previous trading
session. Its upside potential is 91% based on brokerage analysts average target
price of $7 on the stock. It is rated positively by 100% of the 4 analyst(s)
covering it. Its long-term annual earnings growth is 34% based on analysts
average estimate. Blue Coat Systems, Inc. (NASDAQ:BCSI) is todays 8th best focus
stock. Its daily price change was 9.2% in the previous trading session. Its
upside potential is -1% based on brokerage analysts average target price of $16
on the stock. It is rated positively by 12% of the 17 analyst(s) covering it.
Its long-term annual earnings growth is 11% based on analysts average estimate.
Datalink Corporation (NASDAQ:DTLK) is todays 9th best focus stock. Its daily
price change was 8.9% in the previous trading session. Its upside potential is
25% based on brokerage analysts average target price of $12 on the stock. It is
rated positively by 100% of the 5 analyst(s) covering it. Its long-term annual
earnings growth is 20% based on analysts average estimate. Spreadtrum
Communications, Inc (ADR) (NASDAQ:SPRD) is todays 10th best focus stock. Its
daily price change was 8.6% in the previous trading session. Its upside
potential is 38% based on brokerage analysts average target price of $26 on the
stock. It is rated positively by 92% of the 12 analyst(s) covering it. Its
long-term annual earnings growth is 16% based on analysts average estimate.

7 Companies Increasing Dividends

It was yet another volatile five-day period for stocks, as the buying that took
place early this week succumbed to some heavy selling by week's end. The big
data point was received Friday, as the August employment report saw no new net
jobs created in the month, and an unemployment rate that remains at a dismal
9.1%. The news prompted a big selloff in stocks, a slide in oil prices and a
surge in gold prices. The macroeconomic news is no doubt at the forefront of
every investor's mind these days, and many now are wondering if the Federal
Reserve will make a move to help stimulate the economy with another round of
quantitative easing. We'll find out what the Fed has to say Sept. 20-21 when
the Federal Open Market Committee meets. In the meantime, however, investors
shouldn't lose sight of the fact that there still are plenty of stalwart
companies earning profits and increasing dividends. Here are seven companies
boosting payouts this week: Airgas Inc. Industrial, medical and specialty gases
market Airgas Inc. (NYSE: ARG ) inflated its quarterly dividend by 10% to 32
cents from 29 cents. The new dividend will be paid Sept. 30 to shareholders of
record as of Sept. 15. The new dividend yield, based on the closing price of
$64.05, is 2%. The increased dividend comes just eight months after Airgas
boosted its quarterly payout by 16%. Altria Group Tobacco giant Altria Group
(NYSE: MO ) lit up its quarterly dividend on Aug. 26, as the company announced a
7.9% boost in its quarterly payout to 41 cents per share. The new dividend is
payable on Oct. 11 to shareholders of record as of Sept. 15. Based on the
closing price of $26.30 on Aug. 26, the new dividend yield is 6.24%. Brinker
International Chain restaurant operator Brinker International (NYSE: EAT ),
parent company of suburban eating destinations Chili's Grill & Bar and
Maggiano's Little Italy, cooked up a 14% increase in its quarterly dividend to
64 cents per share from 56 cents. The new payout will be served on Sept. 29 to
shareholders of record as of Sept. 9. The new dividend yield, based on the Aug.
29 closing stock price of $23.02, is 11.12%. The company continued to repurchase
its shares last quarter, gobbling up 2.5 million shares for a total of $62.9
million in fiscal Q4.

General Electric GE MSN Money Stock Quote; DJIA Index DJX DJI Stock Market Close Investing Review Today

It was a rough day for investors on Wall Street today. The economic news that
posted today was much weaker than expected and as a result, stock indices
plummeted. Investors were selling off and moving towards less riskier assets
like safe haven gold today. The jobs data that posted earlier today initiated
this action. The number of jobs that were created in July was far below that
which was expected by most economists. The unemployment rate also stayed above
average at 9.1 percent. After the initial sell off during the opening half of
the trading session, the primary indices continued to trend lower as there was
no catalyst for a positive slope. As close was finalizing, stock index tracking
revealed that the Dow Jones Industrial Average was lower by over 250 points at
11,235.42. The Nasdaq was lower by over 72 points at 2,474 and the S&P 500 was
lower by over 31 points at 1,173. Septembers opening few days did little to
boost confidence. Negative pressure in the marketplace intensified with the
credit downgrade last month and it continued through into September. It
continues to hurt the primary indices overall and individual company stock
values. General Electric felt the negative pressure today and as a result, stock
value closed out red. As close finalized, GE was lower by 3.64 percent at 15.62.
Previous close for GE was 16.20 according to MSN Money Stock Quote. Frank Matto

CIBC’s “Golden Outlook” Includes $2,200 by 2013

CIBC was the latest investment bank to raise its gold price forecasts, and now
sees the yellow metal reaching $2,200 per ounce by 2013. In a report published
this morning, CIBC World Markets analyst Barry Cooper lifted his average gold
estimates to $1,625 from $1,550 in 2011, and to $2,000 from $1,700 in 2012.

Google Inc. (NASDAQ:GOOG) Updates Users On Apps

Google Inc. (NASDAQ:GOOG) has outlined its improved apps in a webinar. Google
Inc. (NASDAQ:GOOG) Updates Users On Apps The search major has recently been
tweaking many of its apps to compete with rivals and to gain better support
among customers, and a number of such initiatives have been well received.
Although many of these updates have been rolled out already, many users were not
aware of the changes and therefore the company decided to present its changes in
a webinar. The webinar discusses everything including Google Inc. (NASDAQ:GOOG)
sites, groups, docs, instant messages and other collaboration tools. Google Inc.
(NASDAQ:GOOG) stocks are currently standing at 532.5. Price History Last Price:
532.5 52 Week Low / High: 452.5 / 642.96 50 Day Moving Average: 549.64 6 Month
Price Change %: -10.0% 12 Month Price Change %: 20.2%

Frogger Celebrates 30th Birthday on iPhone

Crossing the road didnt go precisely as he expected it to. The trucks were
moving faster than he thought, there were too many alligators, and he never saw
that car coming. Frogger, known for his work in the Frogger classic arcade game,
wasnt crippled in that accident back in 1981, at least not physically. Hes been
held back for years by self-doubt, never as big a hit as Pac-Man or those pesky
Super Mario Bros. He tried to get a role in Activision Blizzard s (NASDAQ: ATVI
) Call of Duty , but he got passed over for characters with opposable thumbs. A
few years back, Frogger figured hed change direction, give up the video game
ghost and go get his MBA. Now, on his 30th birthday, things are turning around.
Froggers back on the scene, connecting with the kids via a new game sold in
Apple s (NASDAQ: AAPL ) App Store. Everythings going to be different now.
Heartwarming return aside, the release of a new edition of Konami Corp. s (NYSE:
KNM ) Frogger series on the App Store to celebrate the games 30th anniversary
demonstrates just how much the game industry has changed in recent years. Even
five years ago, this sort of brand would see its anniversary used to leverage a
fleet of retail products, $40 retail games for Sony s (NYSE: SNE ) PlayStation 2
or Microsoft s (NASDAQ: MSFT ) original Xbox system. Now it would be impossible
for Konami to make money on a disc-based retail game of Frogger ; its too
insubstantial as a game and too unfamiliar to young players to capture the crowd
still buying games for Nintendo s (PINK: NTDOY ) machines. The $1.99 Frogger
Decades in the App Store is perfect, though. It was undoubtedly cheap to make
and its the sort of flotsam that iPhone owners will happily download and amuse
themselves with when they have a few idle minutes. It ultimately will be
interesting to see how well this game performs alongside perpetual hits like
Rovios Angry Birds . Leveraging classic brands is the oldest marketing strategy
in the book just look at the number of television and movie remakes from the
past year alone. Video games have especially exploited audience nostalgia.
Nintendos New Super Mario Bros. Wii , a game released in 2009 but modeled after
a game made in 1985, has sold more than 22 million copies. While classic brands
have sold decently on mobile devices, they havent seen nearly the success of
newer titles like the aforementioned Angry Birds or others like Electronic Arts
(NASDAQ: ERTS ) subsidiary PopCaps Bejeweled . A perfect example is Segas Sonic
the Hedgehog 4 . Released at the end of 2010, the company developed the game
the first numerical sequel to the classic series since 1994 for Apples iPhone
first and other platforms like the Nintendo Wii second. It failed to break into
the App Stores top 10. The bottom line is that new intellectual property tends
to sing on mobile platforms. Thats good news for businesses heavily invested in
the industry, as well as investors following companies like Zynga and Rovio who
stand to go public in the next year. Its also great news for creativity. Any
sign that original work is more profitable than rehashes and nostalgia cash-ins
is a good sign indeed. As of this writing, Anthony John Agnello did not own a
position in any of the stocks named here. Follow him on Twitter at

Apple Inc. (NASDAQ:AAPL) Returns Product To Shelves

Apple Inc. (NASDAQ:AAPL) has quietly put Final Cut Studio back on sale. Apple
Inc. (NASDAQ:AAPL) Returns Product To Shelves According to a report that
appeared on CNET news, the Mac Maker has put its much-maligned software package
Final Cut Studio back on sale. The professional video-editing software from
Apple Inc. (NASDAQ:AAPL), used by the experts across the globe, was removed from
sale due to some reported issues earlier this year. It has been speculated that
Apple Inc. (NASDAQ:AAPL) is merely selling off its existing stock. Apple Inc.
(NASDAQ:AAPL) stocks are currently standing at 381.03. Price History Last Price:
381.03 52 Week Low / High: 248.57 / 404.5 50 Day Moving Average: 368.55 6 Month
Price Change %: 9.3% 12 Month Price Change %: 58.3%

Todays gold price per ounce silver price per ounce spot gold per gram spot silver per ounce Close

Gold and silver prices were soaring to new highs during the trading session
today. Economic news that posted earlier this day was weaker than anticipated
and this drove investing behavior. The national unemployment rate remained at
9.1 percent and the jobs created in July equaled half of what was expected. A
stock sell off initiated just after opening bell today, stock indices plummeted
after the jobs data posted and precious metals like gold and silver notched
higher. Gold price per ounce rates bumped up above the 1880 per troy ounce rate
as a result. As the end of day close approached for today, the primary stock
indices continued to trend in negative territory. The risk of the double dip was
tangible. As close neared, the Dow Jones was lower by 2.29 percent at 11,229.97.
Gold and silver contracts continued to go green today. Contract gold for
December delivery was higher by 2.24 percent at 1870 per troy ounce. Spot gold
and spot silver were green at this point in the trading session as well. Spot
gold price per gram was higher by 1.72 at 60.43. Spot silver price per ounce was
green by 58.45 at 1392.13 per troy ounce at this point in the afternoon. Camillo
Zucari

Top 10 Best-Rated Leisure Products Stocks: DRJ, GLUU, ATVI, PII, LF, CYOU, MAT, SFLY, HAS, BC (Sep 02, 2011)

Below are the top 10 best-rated Leisure Products stocks, based on the number of
positive ratings by brokerage analysts. One Chinese company (CYOU) is on the
list. Dreams, Inc. (AMEX:DRJ) is the 1st best-rated stock in this segment of the
market. It is rated positively by 100% of the 4 brokerage analysts covering it.
Glu Mobile Inc. (NASDAQ:GLUU) is the 2nd best-rated stock in this segment of the
market. It is rated positively by 100% of the 4 brokerage analysts covering it.
Activision Blizzard, Inc. (NASDAQ:ATVI) is the 3rd best-rated stock in this
segment of the market. It is rated positively by 88% of the 25 brokerage
analysts covering it. Polaris Industries Inc. (NYSE:PII) is the 4th best-rated
stock in this segment of the market. It is rated positively by 85% of the 13
brokerage analysts covering it. LeapFrog Enterprises, Inc. (NYSE:LF) is the 5th
best-rated stock in this segment of the market. It is rated positively by 83% of
the 6 brokerage analysts covering it. Changyou.com Limited(ADR) (NASDAQ:CYOU) is
the 6th best-rated stock in this segment of the market. It is rated positively
by 80% of the 20 brokerage analysts covering it. Mattel, Inc. (NASDAQ:MAT) is
the 7th best-rated stock in this segment of the market. It is rated positively
by 77% of the 17 brokerage analysts covering it. Shutterfly, Inc. (NASDAQ:SFLY)
is the 8th best-rated stock in this segment of the market. It is rated
positively by 73% of the 11 brokerage analysts covering it. Hasbro, Inc.
(NASDAQ:HAS) is the 9th best-rated stock in this segment of the market. It is
rated positively by 71% of the 14 brokerage analysts covering it. Brunswick
Corporation (NYSE:BC) is the 10th best-rated stock in this segment of the
market. It is rated positively by 71% of the 7 brokerage analysts covering it.

Bears Take Hold of S&P 500

September was going from bad to worse on only its second day for the Standard &
Poors 500 Index, which was down more than 20 points to under 1,184, shedding
about 1.8% in early-morning action. Hopes for QE3 to stimulate the economy are
being replaced by the realization that a recession is nearing as job growth,
production and consumer confidence are all low. Warren Buffetts bet on Bank of
America has not protected the banking sector from heading lower, again, as it is
the worst-performing group in the market for 2011. Declining stocks outnumber
advancing stocks this morning by more than 5-to-1. More than 70% of stocks are
trading below their 50- and 200-day moving averages, bringing the exchanges into
"Death Cross" territory, when the long-term moving average breaks above the
short-term moving average, which is a very bearish indicator. Off by about 12%
was H&R Block (NYSE: HRB ) to around $13.40, losing more than $1.70 per share.
H&R Block reported less revenue (a drop to $267.7 million from $275.5 million)
and higher losses (57 cents per share), which disappointed Wall Street. H&R
Block was upgraded Aug. 18 by Standpoint Research to a "buy." For the week,
HRB is up more than 14%. Netflix (NASDAQ: NFLX ) was under $211, off about $22
and 10%. Netflix is losing its streaming deal with the cable channel Starz,
which was a huge blow to the stock. This means NFLX will lose streaming rights
to Disney and Sony movies. For 2011, Netflix still is up more than 32%. Brief
good news on the housing front has passed, and PulteGroup (NYSE: PHM ) is down
more than 5%, or 25 cents, to under $4.30 a share. The homebuilder is up more
than 8% this week on an upgrade by Ticonderoga and higher sales prices. But the
onslaught of bad news from the real estate sector is bringing the stocks lower,
again. For the year, PulteGroup is down more than 46%. JDS Uniphase (NASDAQ:
JDSU ) was up about 2% to over $13.20, picking up about 22 cents per share.
Royal Bank of Canada upgraded the high-tech company to a "buy" with a target
price of $18 over the next year. JDS Uniphase is up more than 20% for the week
but down about 30% for the quarter. Rising about $1 to about $63.40, a gain of
about 1.5% per share, was Newmont Mining Corp. (NYSE: NEM ). A Forbes article
this morning projected Newmont Mining heading to $76 per share over the next
year. With gold approaching its all-time high, stocks in the sector are surging.
If QE3 is actuated, gold could appreciate even more. Clorox (NYSE: CLX ) was up
over $69.20, picking up more than 20 cents per share, or about 0.25%. Reports
say investor Carl Ichan is betting on a high valuation for Clorox in his bid for
board membership. Clorox is up more than 5% for the past week and 11% for the
year. Clorox was downgraded on Aug. 11 by Caris & Company and on July 21 by RBC
Capital Markets. Jonathan Yates does not own any of the stocks mentioned in this
article.

Gold Price per ounce Spot gold price per gram spot silver per ounce; Dow Jones DJIA Review; Economic Data Leads to Safe Havens

Stocks have been in sell off mode today as investor anxieties spike. Precious
metals like gold and silver are benefiting from the increased worry that is
spreading throughout the marketplace today. After opening bell this morning,
stock indices plummeted. They fell off of a cliff and haven not been able to
find a catalyst for recovery. The jobs data that posted this day was much weaker
than expected. Fewer jobs were added in July than were expected and the
unemployment rate remained the same at 9.1 percent. The stock sell off was
initiated and investors are now positioning more with safe havens like precious
metal gold and silver. As the mid-day point in the trading session approached,
the Dow Jones Industrial Average was lower by 1.56 percent at 11,314.77. Gold
and silver prices were moving in positive territory. Gold contract for December
delivery was higher by 2.24 percent at 1870 per troy ounce. Spot gold and spot
silver were green at this point as well. Spot gold price per gram was higher by
1.55 at 60.26 and spot gold price per ounce was higher by 1.45 at 42.94 per troy
ounce. Camillo Zucari

Microsoft Corporation (NASDAQ:MSFT) Sued On Tracking

Microsoft Corporation (NASDAQ:MSFT) has been sued over phone tracking.
Microsoft Corporation (NASDAQ:MSFT) Sued On Tracking Mobile privacy has recently
become an issue of great concern among privacy groups, and a number of
smartphone manufacturers are facing lawsuits stemming from phone tracking.
Microsoft Corporation (NASDAQ:MSFT), the Windows Phone maker, has reportedly
been sued over its usage of location data tracking. According to reports,
Windows Phone 7's camera has been tracking the location of users without their
consent. The complainant said in a filing that, Microsofts scheme is executed
through its camera application, which comes standard with a mobile device
running the Windows Phone OS. Microsoft Corp. (NASDAQ:MSFT) stocks were at 26.21
at the end of the last days trading. Theres been a 8.9% change in the stock
price over the past 3 months. Microsoft Corp. (NASDAQ:MSFT) Analyst Advice
Consensus Opinion: Moderate Buy Mean recommendation: 1.81 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.81 Zacks Rank: 26 out of 91 in the industry

Gold Price Soars to $1,870 on Stagnant Jobs Market

GOLD PRICE NEWS – The gold price surged Friday ahead of the release of the
monthly jobs report and rallied further on the weaker than expected data.

Nightmare on Netflix Street

Few companies have been able to radically transform their business model. But
Netflix (NASDAQ: NFLX ) is one of the exceptions. For the most part, it has done
a great job of transitioning from mail-delivery to video streaming. But the
process has not been smooth. For example, yesterday Starz announced it would not
renew its content deal with Netflix. On the news, the shares of the company fell
9% to $212.12. The Starz agreement which was formed back in 2008 set the
template for future content deals. It allowed for the streaming of newer
releases from Sony (NYSE: SNE ) and Disney (NYSE: DIS ). But unless negotiations
revive, the contract will terminate on Feb. 28, 2012. While losing Starz is a
big setback, it still is not a killer. Keep in mind that Netflix has been
aggressive with the acquisition of content from the major broadcast/cable
networks, as well as various studios like MGM and Paramount. In fact, by the
fourth quarter, the Starz content will only account for 5% to 6% of the domestic
Netflix viewing. Fine, huh? Well, there still are concerns. The Starz blow-up
points to the fact that the licensing fees for content are escalating. Companies
like Amazon (NASDAQ: AMZN ) and Apple (NASDAQ: AAPL ) are likely to attempt to
lock up streaming deals. So, does Netflix have the wherewithal to deal with such
pressures? As seen with the Starz situation, it seems the company is not going
to get too wild with its wallet. Consider that a deal could have cost $300
million per year. Yes, the fiscal discipline is good news. But this does not
necessarily make Netflix a good investment. The shares still are far from cheap,
trading at about 53 times earnings. This valuation could be hard to sustain,
especially in light of the slowing economy and the pressures from rivals. Thus,
for investors, it probably is a good idea to be cautious on this one. Tom Taulli
is the author of various books, including "All About Commodities." He does
not own a position in any of the stocks named here.

Off on the Wrong Foot in a Historically Tough September

Not a very auspicious start to September historically, the toughest month of
the year for the Dow. Stocks spiked in the early going, after the monthly
purchasing managers number hit the wires at 10 a.m. At 50.6, the ISM (one of the
more telling economic releases in the cycle) implies that the nations factory
floors were a little busier in August than the consensus had feared. But the
euphoria lasted about 60 seconds, then down we went. Its now obvious that the
S&P 500 faces some pretty serious overhead resistance at 1,230. Thats where
sellers swooped in to cut off the rally Wednesday and Thursday. Im glad I sold
Philips (NYSE: PHG ) on Wednesday. The shares fell an ugly 2.8% in yesterdays
trading. The bulls have one last chance to mount a comeback today, depending on
how the market chooses to interpret the governments August jobs report. However,
I expect any bounce to be short-lived. Hedgers, you can buy the double-bear
ProShares UltraShort S&P 500 ETF (NYSE: SDS ) if the price dips to $22.50 or
less today. Set a stop at $20.80, which roughly corresponds to 1,250 on the S&P
500 index. For the rest of us, its a time to be patient and wait for lower
prices before feeding more money into equities. Many stocks look cheap at
current levels. Theyre likely to become cheaper, though, as the month wears on.
Among the companies were following, AT&T (NYSE: T ) received a jolt Wednesday
when the Justice Department filed an antitrust suit to block Ts proposed
acquisition of T-Mobiles U.S. properties. In the end, I suspect that Ma Bell and
the government will work out some kind of accommodation that allows the deal to
go forward. Otherwise, Verizons (NYSE: VZ ) grip on the wireless market will
only grow stronger something the Obama administration presumably wants to
avoid. But the negotiations will probably be drawn out over three to six months,
at least. So theres no hurry to buy T, even though the stock is below my
official buy price of $30.60. Once the S&P dips back to 1150 or less, you might
take a bite. Ditto for Bank of New York Mellon (NYSE: BK ), a member of our main
model portfolio. On Wednesday, the banks directors sacked CEO Bob Kelly,
apparently because of his irksome management style. Kelly is said to have had a
habit of blaming the banks shortcomings on his subordinates a real morale
killer in a big organization. Kellys successor, Gerald Hassell, has 38 years of
experience with the bank, most recently as president. So the transition should
prove seamless. Again, I think the stock is undervalued here, but I would rather
buy it on a deeper market pullback. My official buy limit is $27. P.S. On
Wednesday , I stated that Weitz Short-Intermediate Income Fund (MUTF: WEFIX )
had a $2,500 minimum to open an account. In August, the fund began offering two
classes of shares. The Institutional Class, which carries the original WEFIX
ticker, features an initial minimum of $25,000. The Investor Class shares, with
a ticker symbol of (NASDAQ: WSHNX ), retain the $2,500 minimum. As is usually
the case with such two-tiered funds, however, the shares with the lower minimum
incur higher annual operating costs: 84 cents per $100 invested for WSHNX,
versus 65 cents for WEFIX. WSHNX continues to be available on a fee-free basis
through leading discount brokers. If you already have a WEFIX account, you can
add to it without meeting the higher minimum for new accounts.

Apple Inc. (NASDAQ:AAPL) Promotes iTunes Chief

Apple Inc. (NASDAQ:AAPL) has promoted its iTunes Chief to Senior Vice President
of Internet and Software services. Apple Inc. (NASDAQ:AAPL) Promotes iTunes
Chief The promotion may not be big surprise, but has garnered more attention as
it is the first decision from the newly appointed Chief Executive Officer Tim
Cook. Mr Cook wrote that, Please join me in congratulating Eddy on this
significant and well-deserved promotion. I have worked with Eddy for many years
and look forward to working with him even closer in the future". Apple Inc.
(NASDAQ:AAPL) shares were at 381.03 at the end of the last days trading. Theres
been a 11.4% movement in the stock price over the past 3 months. Apple Inc.
(NASDAQ:AAPL) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.23 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.22 Zacks
Rank: 1 out of 2 in the industry

Top 10 Focus Stocks of The Day: SUTR, PLM, MRT, OXM, ANW, CHUX, BBD, NPTN, MITK, ITUB (Sep 02, 2011)

Below are todays top 10 focus stocks. These momentum stocks are attracting a
lot of interest from traders. One Chinese company (SUTR) is on the list. Sutor
Technology Group Ltd. (NASDAQ:SUTR) is todays 1st best focus stock. Its daily
price change was 8.2% in the previous trading session. Its upside potential is
173% based on brokerage analysts average target price of $4 on the stock. It is
rated positively by 50% of the 2 analyst(s) covering it. Its long-term annual
earnings growth is 13% based on analysts average estimate. PolyMet Mining Corp.
(USA) (AMEX:PLM) is todays 2nd best focus stock. Its daily price change was 7.8%
in the previous trading session. Its upside potential is 165% based on brokerage
analysts average target price of $4 on the stock. It is rated positively by 60%
of the 5 analyst(s) covering it. Its long-term annual earnings growth is 20%
based on analysts average estimate. Mortons Restaurant Group, Inc. (NYSE:MRT) is
todays 3rd best focus stock. Its daily price change was 7.8% in the previous
trading session. Its upside potential is 51% based on brokerage analysts average
target price of $9 on the stock. It is rated positively by 60% of the 5
analyst(s) covering it. Its long-term annual earnings growth is 12% based on
analysts average estimate. Oxford Industries, Inc. (NYSE:OXM) is todays 4th best
focus stock. Its daily price change was 7.2% in the previous trading session.
Its upside potential is 13% based on brokerage analysts average target price of
$43 on the stock. It is rated positively by 100% of the 5 analyst(s) covering
it. Its long-term annual earnings growth is 13% based on analysts average
estimate. Aegean Marine Petroleum Network Inc. (NYSE:ANW) is todays 5th best
focus stock. Its daily price change was 6.6% in the previous trading session.
Its upside potential is 73% based on brokerage analysts average target price of
$10 on the stock. It is rated positively by 80% of the 5 analyst(s) covering it.
Its long-term annual earnings growth is 19% based on analysts average estimate.
OCharleys Inc. (NASDAQ:CHUX) is todays 6th best focus stock. Its daily price
change was 6.4% in the previous trading session. Its upside potential is 48%
based on brokerage analysts average target price of $9 on the stock. It is rated
positively by 50% of the 4 analyst(s) covering it. Its long-term annual earnings
growth is 10% based on analysts average estimate. Banco Bradesco SA (ADR)
(NYSE:BBD) is todays 7th best focus stock. Its daily price change was 6.1% in
the previous trading session. Its upside potential is 27% based on brokerage
analysts average target price of $24 on the stock. It is rated positively by 78%
of the 9 analyst(s) covering it. Its long-term annual earnings growth is 13%
based on analysts average estimate. NeoPhotonics Corp (NYSE:NPTN) is todays 8th
best focus stock. Its daily price change was 5.9% in the previous trading
session. Its upside potential is 63% based on brokerage analysts average target
price of $11 on the stock. It is rated positively by 60% of the 5 analyst(s)
covering it. Its long-term annual earnings growth is 22% based on analysts
average estimate. Mitek Systems, Inc. (NASDAQ:MITK) is todays 9th best focus
stock. Its daily price change was 5.8% in the previous trading session. Its
upside potential is -57% based on brokerage analysts average target price of $5
on the stock. It is rated positively by 100% of the 3 analyst(s) covering it.
Its long-term annual earnings growth is 25% based on analysts average estimate.
Itau Unibanco Holding SA (ADR) (NYSE:ITUB) is todays 10th best focus stock. Its
daily price change was 5.8% in the previous trading session. Its upside
potential is 38% based on brokerage analysts average target price of $27 on the
stock. It is rated positively by 80% of the 10 analyst(s) covering it. Its
long-term annual earnings growth is 13% based on analysts average estimate.

Gold Prices Per Ounce Silver Prices Per Ounce Spot Gold Per Gram Spot Silver Per Ounce; DJIA Index Dow Review

XCSFDHG46767FHJHJF

dow2664 The primary indices in the U.S. dropped lower during the last trading session in the United States. Futures started the last trading session in the red and stayed there for the majority of the session. Investor confidence bumper higher during the session when the better than expected data posted via the ISM report and the initial unemployment claims posted. The positive sentiment did not last long however as worries and economic concerns eventually applied more pressure than the indices could overcome. The dollar closed out the day by moving higher versus the euro, British pound and Japanese yen. The DJIA finished red by almost 120 points at 11,493.57. Gold futures dropped back as well. Contract gold for December delivery closed out the session red by .14 percent at 1829.10 per troy ounce. Silver contract for December delivery closed out the last session lower by .57 percent at 41.53 per troy ounce. After session close and prior to opening bell this morning, spot gold and spot silver moved in the red. Spot gold price per gram was lower by .01 at 58.78 and spot silver price per ounce was red by .04 at 41.66. Camillo Zucari

Just Crazy Enough to Work — 5 New Buyers for T-Mobile

XCSFDHG46767FHJHJF

tdp2664 InvestorPlace We learned this week that Uncle Sam is less than pleased with the AT&T (NYSE: T ) plan to purchase T-Mobile. This changes little for AT&T and Verizon (NYSE: VZ ), of course, since the mobile market already is rapidly becoming a two-horse race . Sprint Nextel (NYSE: S ) hasn't turned a quarterly profit since early 2007, and T-Mobile has lost some 150,000 subscribers so far in 2011. In fact, the Justice Department's move to step in will do little to "save" T-Mobile. In reality, the only thing it will do is ensure someone other than Verizon or AT&T will wind up purchasing the $39 billion wireless carrier. So who else is in the market to buy T-Mobile? I have a few suitors in mind — though most would take some accounting acrobatics or gutsy (perhaps crazy) strategic shifts: Comcast Verizon FiOS and AT&T U-Verse have been beating up cable internet providers like Comcast ( NASDAQ : CMCSA ). And with the rise of Netflix ( NASDAQ : NFLX ) and other streaming video alternatives, even entrenched leaders like Comcast are biting their fingernails about how things will look 10 years from now. The solution is to take the fight to AT&T, Verizon and the mobile carriers that have started to wear away the Internet service market. Comcast doesn't have the cash to buy T-Mobile on its own, with "only" $2 billion in cash on its balance sheet and a hefty $38 billion in debt — up significantly from $28 billion a year ago. However, some kind of strategic alliance with other cable providers could make things interesting. Apple Yes, Wall Street is littered with inane rumors about what Apple ( NASDAQ : AAPL ) will buy. But it's fun to speculate about what the creative minds at Apple will do next — and the company's $28 billion in cash and short-term investments gives it plenty to play with. The addition of T-Mobile would be intriguing, as Apple is all about owning the entire experience on its devices and its iconic iPhone still is at the mercy of third-party networks. Anyone who has read tech blogs or customer message boards about AT&T's network should know that in many respects, the iPhone became a smash hit in spite of AT&T not delivering stellar support. T-Mobile could move that service — and revenue — in house. Of course, Apple doesn’t tend to make big acquisitions and prefers to build things in house … but the capital expense of a 4G network and the logistics of rolling such service out seems to make this one of the few cases when it makes more sense to go outside Silicon Valley for a pre-made solution.

Google Inc. (NASDAQ:GOOG) Deal No Threat To Android

XCSFDHG46767FHJHJF

tdp2664 E money daily Android makers have said that Google Inc. ( NASDAQ :GOOG)'s Motorola deal will not make changes to their product strategies. Google Inc. ( NASDAQ :GOOG) Deal No Threat To Android The purchase of Motorola is sure to affect the patent war with rival companies, including Apple Inc, but Android licencees do not foresee any instant effects with the deal. According to a report that appeared on AppleInsider, no changes to product strategies will happen at companies such as Samsung and HTC, other than feeling more security from potential lawsuits due to the consolidation of patents that will occur. Google Inc. ( NASDAQ :GOOG) shares were at 532.5 at the end of the last day’s trading. There’s been a 2.9% movement in the stock price over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.24 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.27 Zack’s Rank: 11 out of 31 in the industry

Sweeten Your Portfolio with This Soft Drink Stock

XCSFDHG46767FHJHJF

tdp2664 InvestorPlace If you're thirsty for potential double-digit returns, you might want to consider investing in National Beverage (NYSE: FIZZ ). The U.S. holding company operates several subsidiaries that manufacture, market and distribute a wide range of nonalcoholic drinks under the Shasta, Faygo, LaCroix and Everfresh brands. Despite strong competition in the soft drink industry — from rivals like Coca-Cola

Randgold Resources (GOLD) Trading Near $106.67 Resistance Level

XCSFDHG46767FHJHJF

gol2664 Negocioenlinea Randgold Resources ( GOLD ) Trading Near $106.67 Resistance Level Market Intelligence Center – 32 minutes ago Randgold Resources ( NASDAQ : GOLD ) closed Thursday's volatile trading session at $103.59. In the past year, the stock has hit a 52-week low of $70.18 and 52-week high of $114.50. Randgold Resources …

Just Crazy Enough to Work — 5 New Buyers for T-Mobile

We learned this week that Uncle Sam is less than pleased with the AT&T (NYSE: T
) plan to purchase T-Mobile. This changes little for AT&T and Verizon (NYSE: VZ
), of course, since the mobile market already is rapidly becoming a two-horse
race . Sprint Nextel (NYSE: S ) hasn't turned a quarterly profit since early
2007, and T-Mobile has lost some 150,000 subscribers so far in 2011. In fact,
the Justice Department's move to step in will do little to "save"
T-Mobile. In reality, the only thing it will do is ensure someone other than
Verizon or AT&T will wind up purchasing the $39 billion wireless carrier. So who
else is in the market to buy T-Mobile? I have a few suitors in mind though most
would take some accounting acrobatics or gutsy (perhaps crazy) strategic shifts:
Comcast Verizon FiOS and AT&T U-Verse have been beating up cable internet
providers like Comcast (NASDAQ: CMCSA ). And with the rise of Netflix (NASDAQ:
NFLX ) and other streaming video alternatives, even entrenched leaders like
Comcast are biting their fingernails about how things will look 10 years from
now. The solution is to take the fight to AT&T, Verizon and the mobile carriers
that have started to wear away the Internet service market. Comcast doesn't
have the cash to buy T-Mobile on its own, with "only" $2 billion in cash on
its balance sheet and a hefty $38 billion in debt up significantly from $28
billion a year ago. However, some kind of strategic alliance with other cable
providers could make things interesting. Apple Yes, Wall Street is littered with
inane rumors about what Apple (NASDAQ: AAPL ) will buy. But it's fun to
speculate about what the creative minds at Apple will do next and the
company's $28 billion in cash and short-term investments gives it plenty to
play with. The addition of T-Mobile would be intriguing, as Apple is all about
owning the entire experience on its devices and its iconic iPhone still is at
the mercy of third-party networks. Anyone who has read tech blogs or customer
message boards about AT&T's network should know that in many respects, the
iPhone became a smash hit in spite of AT&T not delivering stellar support.
T-Mobile could move that service and revenue in house. Of course, Apple doesnt
tend to make big acquisitions and prefers to build things in house … but the
capital expense of a 4G network and the logistics of rolling such service out
seems to make this one of the few cases when it makes more sense to go outside
Silicon Valley for a pre-made solution.

Google Inc. (NASDAQ:GOOG) Deal No Threat To Android

Android makers have said that Google Inc. (NASDAQ:GOOG)'s Motorola deal will
not make changes to their product strategies. Google Inc. (NASDAQ:GOOG) Deal No
Threat To Android The purchase of Motorola is sure to affect the patent war with
rival companies, including Apple Inc, but Android licencees do not foresee any
instant effects with the deal. According to a report that appeared on
AppleInsider, no changes to product strategies will happen at companies such as
Samsung and HTC, other than feeling more security from potential lawsuits due to
the consolidation of patents that will occur. Google Inc. (NASDAQ:GOOG) shares
were at 532.5 at the end of the last days trading. Theres been a 2.9% movement
in the stock price over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst
Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.24 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.27 Zacks Rank: 11 out of 31 in the industry

Randgold Resources (GOLD) Trading Near $106.67 Resistance Level

Randgold Resources (GOLD) Trading Near $106.67 Resistance Level Market
Intelligence Center - 32 minutes ago Randgold Resources (NASDAQ:GOLD) closed
Thursdays volatile trading session at $103.59. In the past year, the stock has
hit a 52-week low of $70.18 and 52-week high of $114.50. Randgold Resources ...

Gold & Silver Prices – Daily Outlook September 2

Gold and silver prices started September with light falls, but they have already
changed direction and started the day rising. Yesterday, the US Treasury bill
yields fell; the EURO/USD decreased again as the US PMI manufacturing index
showed a growth but at a slower pace.

Gold Prices Per Ounce Silver Prices Per Ounce Spot Gold Per Gram Spot Silver Per Ounce; DJIA Index Dow Review

The primary indices in the U.S. dropped lower during the last trading session
in the United States. Futures started the last trading session in the red and
stayed there for the majority of the session. Investor confidence bumper higher
during the session when the better than expected data posted via the ISM report
and the initial unemployment claims posted. The positive sentiment did not last
long however as worries and economic concerns eventually applied more pressure
than the indices could overcome. The dollar closed out the day by moving higher
versus the euro, British pound and Japanese yen. The DJIA finished red by almost
120 points at 11,493.57. Gold futures dropped back as well. Contract gold for
December delivery closed out the session red by .14 percent at 1829.10 per troy
ounce. Silver contract for December delivery closed out the last session lower
by .57 percent at 41.53 per troy ounce. After session close and prior to opening
bell this morning, spot gold and spot silver moved in the red. Spot gold price
per gram was lower by .01 at 58.78 and spot silver price per ounce was red by
.04 at 41.66. Camillo Zucari

Citigroup Google Stock Quotes Today’s Stock market Dow Jones DJIA Index DJX DJI Investment and Economic News Today

Investors on Wall Street were hoping for positive trends to begin during the
month of September in the U.S. stock market. Although stock futures prior to
opening bell for the last session were red, investors felt a boost of confidence
after news of the better than expected initial unemployment claims and the ISM
report posted. The confidence did not last long enough however as other
negatively skewed data applied too much pressure for the primary indices to stay
positive. By late afternoon, all three primary index composites were moving in
negative territory. The Dow Jones Industrial Average was red by almost 120
points and officially closed negative at 11,493.587. The Nasdaq and S&P 500
closed out the U.S. session on the lower side of break-even as well. Pulling the
Dow Jones and other indices lower were results in the investment banking sector.
Citigroup was one company that experienced negative trends last session.
According to Google Stock Quotes, Citigroup finished the day lower by 3.38
percent at 30.00. Previous close for C was 31.05. Economic worries persist and
the performance of several large investment banks did little to dull the
negative feelings many hold. Frank Matto

Gold & silver started September with moderate falls – September 1

Gold and silver prices started off September with light falls; crude oil prices
ended trading yesterday with mixed trend as Brent oil slightly declined, and WTI
spot oil increased; natural gas spot price (Henry Hub) continued its rally and
sharply inclined yesterday. Here is a summary of the price movements of precious
metals and energy commodities for September 1st: Precious Metals prices: Gold
price slightly fell yesterday by 0.14% to $1,829; Silver price also dropped by
0.57% to $41.53. During August-September, gold prices increased by 12.1%, and
silver price by 3.6%. The EURO to US Dollar exchange rate decreased for the
fourth straight business day, yesterday by 0.77% i.e. the USD appreciated
against the EURO. During August-September, the EURO to US Dollar slightly
slipped by 0.90%. Oil and Gas prices: WTI Spot oil price moderately inclined by
0.14%; it settled at $88.93 per barrel; Brent spot price on the other hand fell
again by 0.48% to $114.67 per barrel; during August-September the WTI spot oil
price declined by 7.1% and Brent oil by 1.8%. Due to these changes, the
difference between Brent and WTI dropped to $25.74/bbl. Natural gas Henry Hub
future price (October delivery) remained unchanged at $4.05/mmbtu.