Harmony Gold, the world's fifth largest gold producer, reported a 67 percent drop in quarterly profits that fell short of market expectations as power rates and the costs of a troubled asset it recently bought took a bite from its earnings.
With recession fears weighing on equity markets, resource investors would do well to steer clear of speculative Canadian mining plays and put their cash into producing miners with strong balance sheets.
In "an attempt to show those engaging in the censorship what it feels like to be silenced," The hacker collective Anonymous chose Bay Area Rapid Transit (BART) as its latest prey of hacking attacks.
San Gold Corp's quarterly loss nearly halved helped by higher production and soaring bullion prices.
Gold prices eased for a third session on Monday as stock markets and cyclical assets such as industrial commodities continued to recover from a rout they suffered early last week, diverting investment away from the precious metal.
Investor confidence in the United Arab Emirates, the once-high flying Gulf country that crashed during the debt crisis, is at its highest level in 12 months.
Google Inc. (NASDAQ: GOOG) said it agreed to buy Motorola Mobility Holdings, Inc. (NYSE: MMI) for $40 per share in cash or a total of about $12.5 billion. This might create more heat for Apple Inc. (NASDAQ: AAPL), as Google is trying to improve its Android ecosystem with this acquisition.
Adobe has launched its newest web tool, Muse, which is intended to allow complex HTML sites that come with CSS and HTML 5 support to be developed easily and establish an online presence.
Apple Inc. is setting trends and making a fashion statement with its new lighter and thinner MacBook Air, which is less than a month old. But its closest competitor, Asus, is coming with a slightly thinner device called Asus UX21.
The first official screenshots of Ice Cream Sandwich has been revealed after a long period of silence.
Dell's confusion over tablet format has ended, as it retired its part-tablet and part-smartphone, the 5-inch Dell Streak, in favor of bigger tablets.
The continuing sovereign debt crisis in the eurozone and S&P?s downgrade of the U.S. credit rating have increased the safe haven demand for gold and the prices have reached new highs. But investors remain skeptical whether there could be further rally in the price.
Jefferies recently met with Visa Inc. (NYSE: V) management and felt the sessions were upbeat in terms of Visa's competitive positioning, product strategy, post-Durbin initiatives, business model resiliency (regardless of macro climate), and robust, highly visible EPS growth.
The top after-market NYSE gainers on Friday are: Beazer Homes USA, Ralcorp Holdings, Regency Energy Partners, Leapfrog Enterprises and Radian Group. The top after-market NYSE losers are: Stewart Information Services, Stantec, PolyOne Corp, Triumph Group and DSW Inc.
Bund futures dipped Monday following overnight trading that saw equities rebound after a hefty drop last week.
Leaked images of HTC's new Holiday phone.
As a U.S. economic rebound stalls and threatens to spiral into a new recession, oil demand in the world's top consumer may be slipping into an irreversible decline.
Bay Area Rapid Transit was the latest victim of the hacker group Anonymous, which broke into its Web site Sunday and posted contact information for more than 2,000 subscribers.
Japan's economy shrank much less than expected in the second quarter as companies made strides in restoring output after the devastating earthquake in March, but a soaring yen and slowing global growth cloud the prospects for a sustained recovery.
Asian equities bounced on Monday and safe-haven assets like gold and the Swiss franc fell as market players cautiously returned to pick up bargains after last's week wild ride, though concerns over the weak global economic outlook may keep gains in check.
Time Warner Cable has reached a deal to buy The Carlyle Group's Midwestern cable operator Insight Communications Co for around $3 billion in cash, a source familiar with the matter said Sunday.
More details are coming out on Apple's spaceship campus.
The last time Verizon workers went on strike was in August 2000, when members of the Communication Workers of America (CWA) held a work stoppage for eighteen days.
Did last week?s wild stock market swings make you concerned that your 401K will soon turn into a ?201K? ? Then it sounds like it?s a good time to get an assessment of the U.S. economy from two respected economists, Paul Krugman and Irwin Kellner.
This week investors should focus on the performance of European sovereign debt markets.
The corporation seeks to dramatically reduce health care benefits for its wire line employees ? the workers are demanding they be retained.
Pakistan's restive Balochistan province was rocked by a bomb blast, and the persisting violence which left five people dead and injured dozens others.
Reportedly, incidents of wire-cutting by aggrieved strikers have interfered with the phone services of thousands of customers between Virginia and Massachusetts.
Google+ may bring in Angry Birds to see off any threat from Facebook games.
EA account will be required for console gamers.