BUSINESS

U.S. Stock Market: Is Dow 11,000 the Bottom?

U.S. Stock Market
Debt concerns in Europe and a tepid U.S. economy have made for a bumpy stock market of late, to day the least. However, because one-day events can deceive, let's pull the lens back and do a condensed, cross-methodological analysis of the Dow Jones Industrial Average, to see if it reveals any long-term clues.
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Kinross Gold to Sell $1 Billion in Debt Securities

Canadian gold mining company Kinross Gold Corp. said Tuesday it will sell $1 billion in unsecured debt securities for general corporate purposes, including funding for capital expenditures, with closing of the offering set for next Monday.
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Gran Colombia Gold Posts Loss in 2Q

Gran Colombia Gold Corp., the largest underground gold and silver producer in Colombia, said Tuesday it posted a net loss in the second quarter of $11 million, or 4 cents per share, after a one-time charge on its merger with Medoro Resources Inc.
Verizon Strike

Verizon Strike Update: Scenes from the Picket Line (PHOTOS)

The strike of 45,000 Verizon land line employees continued onto its ninth day on Monday, as groups across the country picketed in front of Verizon stores. IBTimes was on the scene to capture a group of picketing Verizon workers in Lower Manhattan.
Cathay Pacific Flight Attendants

Sex Photos Scandal Delays Cathay Pacific Ad Campaign

Asian airline Cathay Pacific has postponed the second phase of its high-profile international advertising campaign after a sex scandal involving photographs of crew members allegedly engaging in sexual acts circulated online and in Chinese-language newspapers.
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G-Resources Delaying Indonesian Venture

G-Resources Group Ltd , backed by Mount Kellett Capital and BlackRock Inc , is delaying production of its $1 billion gold mine in Indonesia to the end of the first quarter next year due to adverse weather conditions and harder ground conditions than previously expected.
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Euro Zone Concerns Lift Gold But Silver Eases

Gold prices rose on Tuesday as concerns over the financial health of the euro zone resurfaced ahead of a summit in Paris between French and German leaders, at which they will try to thrash out a solution to the bloc's debt crisis.
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Gold Prices Hold Gains

Spot gold held onto gains made in the previous session on Tuesday, but hopes that a Franco-German summit will make progress to help quell the region's sovereign debt crisis are expected to keep a lid on prices.
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U.S.-based Businesses Complain over .XXX Domain

The new triple-x domain that will launch in December is already facing dissatisfaction from businesses across the U.S. as porn and mainstream businesses feel they are being forced to buy domain names they don?t want.

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