Jefferies & Co. initiated its rating on shares of Velti Plc (NASDAQ: VELT) with a buy rating and a price target of $16.50. The company's unique advantage is that it offers customers the ability to deploy mobile marketing campaigns on a global basis, the brokerage said.
The top after-market NYSE gainers on Tuesday are: Suncor Energy, Suntech Power Holdings, Morgan Stanley India Investment, Regions Financing and Fortress Investment Group. The top after-market NYSE losers are: Willbros Group, Boston Beer, Fabrinet, Fabrinet and NeoPhotonics.
Nomura Holdings (NYSE: NMR), Japan's number one securities firm, has appointed a woman to be its chief financial officer for the first time ever.
Sarah Palin’s planned trip to India this month raises speculation that it might be in preparation for her 2012 Presidential campaign (i.e., as a way to enhance her foreign policy credibility in the world’s most populous democracy).
The Gold Price rose new all-time highs vs. a falling US Dollar on Monday morning in London, hitting almost $1445 per ounce as European stock markets held flat and major-economy government bonds slipped, nudging interest rates up.
Starbucks Corp may go for acquisitions over the next 12-18 months to expand its consumer products business, Chief Executive Howard Schultz told the Wall Street Journal in an interview.
A whole new class of conservative investor is piling into the mining sector -- once the exclusive domain of daring risk-takers -- bringing a bonanza of funding options to junior miners racing toward production.
The U.S. Air Force's second mysterious robotic mini space vehicle, X-37B Orbital Test Vehicle, blasted off from Cape Canaveral, carrying classified payload. Soon after the launch a media blackout shrouded the mission, fuelling speculation about its possible military purposes.
The Securities and Exchange Commission is investigating Kraft Foods Inc for possible corruption at an Indian facility of its Cadbury unit, the company said in a regulatory filing.
A decade after the release of Internet Explorer 6, Microsoft is making another attempt to rid the world of the browser.
(Corrects Reuters instrument code in 1st paragraph)
China will beef up its military budget by 12.7 percent this year, the government said on Friday, a return to double-digit spending increases that will stir regional unease.
China said on Friday its military spending for 2011 would rise 12.7 percent, resuming double-digit hikes that have stoked regional disquiet about Beijing's expanding strength.
The Gold Price eased back for Dollar investors on Friday in London, but recovered one third of yesterday's sharp sell-off – and was heading higher for the fifth weekly gain in a row – as official data said US unemployment retreated to 8.9% last month.
An angry mob of fired steel plant workers in eastern India took revenge by burning a senior executive to death in his car.
Western companies flush with cash but reluctant to commit to longer-term investments spent heavily on advertising in 2010 and especially on TV, boosting the world's biggest ad group WPP in the U.S. and Britain.
BP's $7.2-billion deal to jump into India's oil and gas sector with Reliance Industries is the first sign of new investment that could attract more players, helping to boost output and meet surging demand.
Indian banks overall have sufficient capital to meet the new Basel III standard but a few may need to augment their capital to get there, Reserve Bank of India Governor Duvvuri Subbarao said on Thursday.
A new World Bank strategy for Africa unveiled on Wednesday focuses on creating jobs and making economies more competitive, while also tackling problems of climate change, disease, food shortages and conflict.
BP will not pay bonuses for 2010 to the top executives whose divisions were involved in the worst-ever offshore U.S. oil spill last year, the company said in an annual report dominated by the disaster.
NASA explained the mystery behind the decreased solar activity during the Sun's 11-year cycle, linking it to the changing speeds of plasma inside the Sun.
In wake of the recent attention and international developments on rare earth minerals, the U.S. Geological Survey (USGS) has completed its first review of China's rare-earth industry.