Nokia, the world's largest maker of mobile phones, on Thursday released its first quarter results with a 25 percent increase in earnings, boosted by new demand from emerging markets, but less be...
The dollar fell against the Euro yesterday as a sharp fall in housing starts reinforced expectations that U.S. interest rates would be cut again.The dollar...
Freddie Mac has agreed to make 90-day commitments to several large banks on the pricing of conforming jumbo loans, according to a report.The government-sponsored home loan lender will offer the d...
By Dr Ron Paul
There has been much talk in the media recently about the Federal Reserve and the actions it has taken over the past few months, writes US Congressman Ron Paul.Many news pund...
Greg McCoach, editor of Mining Speculator and President of AmeriGold, likes owning the physical metal. In this article, the second of a three part interview (see Part I) Greg tells us why. In Part Th...
JC. Penney Co., the third largest U.S. department store chain, said it will open fewer new stores this year than originally planned and it will increase its efforts to attract frugal shoppers away from rivals by revising its marketing pitch and adding new brands.
Online auctioneer eBay Inc. posted a 22 percent rise in first-quarter on Wednesday, beating analyst expectations, with its revamped website adding buyers for the first time in a year and favorable currency rates.
Apple and Starbucks launched a new program, 'Pick of the Week', that allows Starbucks customers to download free music and music videos each week from iTunes Store.
A pair of the largest U.S. banks reported that profits in the first quarter fell due to the housing downturn but they still managed to beat Wall Street analysts' expectations sending shares higher.
U.S. stocks rallied on Wednesday on upbeat earnings results from Intel Corp. and financial giant J.P. Morgan Chase gave new hopes that companies are still making money while the U.S. economy takes a downturn.
Time of the Year
If winter is the Most Wonderful Time of the Year as the popular song implies, it may not be too much of a surprise that gasoline consumers find the spring and summer anything but w...
AMR Corp, parent of the No. 1 U.S. carrier American Airlines, reported a first-quarter loss of $328 million on Wednesday, led by record high fuel costs.
JPMorgan Chase & Co., the third largest U.S. bank beat expectations on Wednesday, despite reporting a 50 percent drop in first quarter profit as it wrote down $5.1 billion in assets linked to mortgages and other loans.
U.S. soft drinks giant Coca Cola reported Wednesday that better-than-expected first-quarter profit backed by an increase in international sales and favorable foreign currency conversions boosted revenue.
Japan stocks continued to rise Wednesday because of weaker yen and U.S. market recovery the previous day, but fears of a weak American earnings week restrained aggressive investing.
The dollar rose against the euro yesterday as surprisingly robust U.S. inflation and manufacturing data suggested the Federal Reserve may be less aggressive in cutting interest rates.
By Jon Nadler
Gold prices took off for higher ground overnight as the divergent oil and dollar fueled additional speculative interest in the metal.There is still somewhat of a disconnect i...
By Sergei Guriev, Anton Kolotilin, Konstantin Sonin
As oil prices rise, global oil companies may seem to be making up for previous times when revenues barely covered production costs. Howeve...
Technology an energy companies helped push Asian markets higher on Wednesday following a good quarterly results and a bullish outlook by chip maker Intel Corp in the U.S. on Tuesday and record oil prices.
Goldman Sachs lowered Alibaba's price target from 18 Yuan to 15 Yuan, or 16 percent, and lower the company's target price earnings ratio of 2009 from 33 times to 30 times, but maintained the stocks neutral rating.
Lenovo Group, the world's fourth-largest computer maker, is planning to expand its PC market outside Asia, including the Middle East and Turkey.
The National Stock Exchange (NSE) has launched India's first ever Volatility Index or the India VIX, based on prices of options on the benchmark Nifty 50 Options prices.
