Gold and [platinum-group metals] were irrelevant, according to one Asian dealer, as The silver market went nuts, with swift buying pushing spot silver prices to a fresh 31-year high above $42 per ounce.
Priced lower than any tablet in the current market, Acer Iconia A500 is a direct hit for Xoom and iPad 2. Xoom had the advantage of being the first tablet running on Honeycomb, the latest android version.
Specifications for the device are almost identical to competing tablets: 10.1-inch screen, dual cameras, Android based operating system - with one main difference: its price.
Hitting $1472.50 for US investors today, the Gold Price also rose sharply against the British Pound - hitting its best level since New Year at £900 per ounce - but was in flat against most other major currencies. Silver Prices, in contrast, rose to new multi-decade highs across the board.
Jefferies & Co. upgraded its rating on shares of Parametric Technology (NASDAQ: PMTC) to buy from hold and increased its price target to $28 from $25.
On the streets of America, the debate over inflation is over. Prices are too high and rising too fast, many people say.
Energy Secretary Steven Chu said on Thursday high oil prices posed a threat to the global economy.
Months ahead of the release of Apple's next iPhone, AT&T has increased the price of upgrading the device.
Jefferies & Co. expects that shares of Calix, Inc. (NYSE: CALX) will sell off modestly on Tuesday as investors contemplate another round of very conservative guidance from the company. The brokerage reiterated its buy rating on shares of Calix, while increasing its price target to $24.50 from $16.
Shares of drugmaker Cephalon Inc surged more than 29 percent on Wednesday, above a $5.7 billion unsolicited buyout offer from Valeant Pharmaceuticals International Inc , in a sign investors expect a higher bid.
Gold shot up by nearly one percent on Wednesday, after four sessions of losses amid broad support from unrest in the Middle East and North Africa, but gains may stay limited by expectations monetary policy in key regions may tighten. Spot gold was bid at $1,430.55 an ounce at 1344 GMT, against $1,415.95 late in New York on Tuesday.
McCormick & Co beat profit estimates for the fifth straight quarter, as the top U.S. spicemaker raised prices to offset high raw material and packaging costs, and saw strong demand in Asia and in its domestic market.
RBC Capital Markets believes CarMax Inc. (NYSE: KMX) has significant long-term growth potential, while the company's shares are admittedly not cheap.
The UK economy contracted less than previously estimated in the fourth quarter last year, as services and manufacturing output was revised higher.
The U.S. economy is on track for a sustained recovery but remains sufficiently weak to warrant the help of loose monetary policy, Atlanta Federal Reserve President Dennis Lockhart said on Monday.
RBC Capital Markets initiated its rating on shares of Zuoan Fashion Ltd (NYSE: ZA) at outperform, speculative risk and a price target of $9.
Cher’s former Miami Beach home is now on the market for $10.2 million with a price cut of $4.7 million.
Barclays Capital raised its 2011 oil price forecasts on Thursday to reflect the cumulative effect of the fundamental and geopolitical developments in 2011 and importance of events over the past 10 days in particular, the company said in a note to clients.
Gold hit its second new record high on the trot at the London Gold Fix on Thursday morning, hitting $1441.25 per ounce for US investors as the Dollar held flat on the forex market, and US crude oil rose.
RBC Capital Markets upgraded its rating on shares of MICROS Systems, Inc. (NASDAQ: MCRS) to outperform from sector perform, as the company's next phase of growth emerged.
Though Apple's iPad has long held the price advantage, recent announcements from RIM and Samsung show that rival tablets are finally starting to close the tablet price gap.
The Gold Price rose sharply against all major currencies on Wednesday, touching near-two-week highs against the Dollar even as the US currency rose amid fresh European debt and budget concerns.