Articles by NYSE
South African Labor Unrest Threatens Platinum And Gold Production
September 06 2012 7:51 PM EDT
In the wake of a strike that left 34 platinum miners dead after clashes with police, South African unions continued to refuse to work, disrupting production of the metal in the country that accounts for 75 percent of global exports and spilling over to impact gold miners.
Costco's Shares Touch Record High After Founder Lauds Obama
September 06 2012 3:40 PM EDT
Costco Wholesale Corporation (NASDAQ: COST) stock price touched an all-time high on Thursday, a day after co-founder and former CEO James Sinegal addressed the Democratic National Convention.
Samsung: Facing Same China Abuse Charges As Apple, Can It Also Emerge Unscathed?
September 06 2012 12:19 PM EDT
Samsung Electronics (Seoul: 005930) said shipments of its latest-version Galaxy S3 smartphone exceed 20 million, only six weeks after passing the 10 million mark. But a labor group asserted they're made in China under abusive conditions
General Motors Banking On Chinese Designed Chevy Sail To Push Indian Unit Out of Doldrums
September 06 2012 12:18 PM EDT
General Motors Company (NYSE: GM) is hoping its Chinese designed Chevrolet Sail can push its struggling Indian unit out of a sales doldrums.
AIG Selling Shares Of Asia Unit To Raise Funds For Own Stock Buyback
September 06 2012 8:55 AM EDT
American International Group, Inc. will sell as much as $2 billion worth of shares in its Hong Kong-based AIA Group Ltd. unit to help raise funds for a planned repurchase of as much as $5 billion of its own shares from the U.S. government.
Foes No More, Iraqi Pilots Now Fly The F-16 -- And They Love It
September 06 2012 6:12 AM EDT
For a mere $8 billion, Iraq gets brand spanking new American fighter jets -- and a heavily armed neighborhood gets some more lethal, highly advanced weapons
Kindle Fire, Round 2: Amazon Prepares To Launch Again Into Lower-Cost Tablet Mob
September 06 2012 6:10 AM EDT
Ten months after betting the company on the success of the Kindle Fire, Amazon.com Inc. (Nasdaq: AMZN) CEO Jeff Bezos plans to redouble his effort Thursday when he displays its successor as well as new members of the Kindle e-reader line in California.
Indonesia could have unreported Palm Oil Reserves
September 06 2012 5:28 AM EDT
Palm-Oil reserves in Indonesia, the world'slargest producer, may total about 4-M metric tons, twice as much as estimated, according to Godrej International Ltd., which forecast a rise in Malaysian stockpiles to a record. "It is difficult to be Bullish on Palm-Oil prices," Dorab Mistry, a director at Godrej International Ltd., told a conference in Singapore, citing the stockpiles, slower economic growth and rising output.
Gold Standard To Be Reinstated Through The Back Door
September 06 2012 3:48 AM EDT
For the first time in over 30 years, talk of a return to the gold standard has become part of mainstream politics in the United States. Part of the official Republican policy adopted it at the recent Republican Convention and called for the commission to look at reestablishing the link between gold and the U.S. dollar. No doubt that plank was added to soothe supporters of Texas Congressman Ron Paul.
Top After-Market NYSE Movers (AAR Corp, Men's Wearhouse, Heckmann, OM Group, VeriFone, First Bancorp, Cooper Tire, Enbridge Energy)
September 06 2012 1:05 AM EDT
The top after-market NYSE gainers Wednesday were AAR Corp, Men's Wearhouse, Heckmann Corp, OM Group and Aeroflex Holding Corp. The top after-market NYSE losers were VeriFone Systems, First Bancorp, Sealed Air Corp, Cooper Tire & Rubber and Enbridge Energy Partners, L.P.
Cable Networks Pull Partisan Eyeballs For Convention Coverage
September 05 2012 5:12 PM EDT
According to Nielsen, the left-leaning MSNBC was the ratings winner among cable news networks that covered the opening of the DNC on Tuesday, a different picture from last week when Fox News cleaned house during the RNC.
Railroad Cargo Growth Slows, And Execs Are Cautious About Pre-Holiday Shopping
September 05 2012 4:42 PM EDT
Railroad executives said Wednesday that they are not expecting strong growth in cargo volume in the pre-holiday shopping season, but most future holiday gifts are delivered by trucks.
Newly Elected Parti Quebecois Wants To Raise Mining Fees, Scaring Businesses
September 05 2012 3:12 PM EDT
After seizing minority control of Quebec's legislature and premiership on Tuesday, the separatist Parti Quebecois is seeking to increase mining royalties and individual taxes, which could impact companies like Cliffs Natural Resources (NYSE: CLF), Rio Tinto Group (NYSE: RIO) and Xstrata Plc (London: XTA).
Google Introduces Three Motorola Razr Phones Ahead Of Apple Units
September 05 2012 3:09 PM EDT
Google (Nasdaq: GOOG), the No. 1 search engine, which now owns the Motorola brand, refreshed its product line with three new members of the Razr brand line in a bid to recapture past success. They’re the first major new lines since Google completed the $12.5 billion acquisition of the former Motorola Mobility in May.
CNN Should Fire Erick Erickson Over Vagina Tweet: Petition
September 05 2012 12:25 PM EDT
Posted on the activist website Change.org, a petition launched by user Mary Rickles of San Francisco said Erickson's continued presence on the network damages the value of the CNN brand. The petition is circulating under the name "CNN: Fire Erick Erickson."
European Day-Ahead Power Prices Rose 7% in August
September 05 2012 11:19 AM EDT
Continental European day-ahead power prices rose more than 7% month-on-month in August as reduced nuclear power generation operations in France and Belgium continued to tighten supply for the region, according to Platts, a leading global provider of energy, petrochemicals and metals information.
American Airlines Pilot Contracts Can Be Abandoned, Judge Says
September 05 2012 10:46 AM EDT
AMR Corporation's (PINK: AAMRQ) American Airlines took a major step toward emerging from bankruptcy after a federal judge tossed out its pilots' union contract, ending a dispute with the only union it had failed to reach a deal with on concessions.
Egyptian President Mohamed Morsi: Solving Syria Crisis Is An Arab Responsibility
September 05 2012 9:14 AM EDT
Egyptian President Mohamed Morsi said representatives from Egypt, Saudi Arabia, Turkey and Iran would meet behind closed doors during the Arab League summit to discuss the path toward ending the Syrian crisis.
Facebook Firewall: No-Sell Pledge By Zuckerberg Boost Shares
September 05 2012 8:41 AM EDT
A firewall set up late Tuesday by Facebook (Nasdaq: FB), the No. 1 social networking site, appears to be holding: shares rose 45 cents to $18.17 in early Wednesday after CEO Mark Zuckerberg promised not to sell any more shares for at least a year.
GOLDCORP INC. (TSX: G), (NYSE: GG) Red Lake Site Undervalued
September 05 2012 8:20 AM EDT
GOLDCORP INC. (TSX: G), (NYSE: GG) is pleased to provide an update in advance of an upcoming analyst and investor tour at its Red Lake mine in Ontario. Presentation slides to be used during the tour are available under the 'Investor Resources-Presentations' section at www.goldcorp.com.