U.S.-based outsourcer iGate Corp's bid for fraud-hit Satyam Computer Services Ltd will be well short of the current market price, its chief executive told a television channel on Monday.
Genentech Inc holds its annual research and development day on Monday as it aims to convince shareholders that the company is worth far more than the $42 billion Roche has said it is willing to pay for it.
Corrects to say that Wal-Mart has since sold more than 2 million MoneyCards, not 2 billion
By Nicole Maestri
NEW YORK - A year and a half after introducing its MoneyCard, Wal-Mart Stores Inc is slashing the price of the reloadable, prepaid Visa debit card to $3 from almost $9, aiming to attract shoppers who may have grown wary of the pitfalls of credit card use.
The discount retailer is also l...
NEW YORK - A year and a half after introducing its MoneyCard, Wal-Mart Stores Inc is slashing the price of the reloadable, prepaid Visa debit card to $3 from almost $9, aiming to attract shoppers who may have grown wary of the pitfalls of credit card use.
The discount retailer is also lowering the card's monthly fee to $3 from almost $5, and cutting the fee customers pay to reload the card to $...
U.S. oil giant Exxon Mobil Corp will not cut back on investments in new crude production, despite the collapse in oil prices, the company's regional head of exploration said on Monday.
The pessimism on the efficiency of the $789 billion stimulus package in short term led to a fall in oil prices the lowest in years.
Oil prices approach $42 as investors eyed an $800 billion-plus U.S. stimulus package aimed at increasing oil demand.
Ahead of Amazon's CEO appearance in New York on Monday where it is widely speculated that the Kindle 2.0 will be launched, authentic looking photos of the new Kindle were leaked on the MobileRead forums Friday night.
Shares of Bank of America Corp., the largest U.S. bank, declined sharply to their lowest level since 1984 on Thursday in New York trading on concern that the bank does not have enough capital even with a $138 billion bailout package.
Shares of Bank of America Corp., the largest U.S. bank, declined sharply to their lowest level since 1984 on Thursday in New York trading on concern that the bank does not have enough capital even with a $138 billion bailout package.
Billionaire U.S. investor Warren Buffett is taking advantage of depressed share prices during the economic downturn, investing 3 billion Swiss francs ($2.6 billion) in the world's second largest insurer Swiss Re.
Shares of Royal Bank of Scotland plunged as much as 67 percent on Monday after investors feared the bank will be fully absorbed by the U.K. government since it forecasted a huge annual loss.
Online shopping giant Amazon slashed their price of Xbox Live Gold subscription from $50 to $30 on Sunday.
Most consider the New York market 'spot' price for an accurate indication of the true price. However, investors now buying buy physical or 'fabricated' gold, are paying a
Kimberly-Clark Corp, the maker of Kleenex facial tissue and Huggies diapers, said on Friday that it plans to raise prices in the U.S. for its baby, childcare and consumer tissue products.
Japan stocks rebounded slightly Monday, led by oil companies' shares as New York oil futures reached $127.82 per barrel in off-hours trading on Friday. But the upward trend was thwarted because of concerns over the U.S. economy.
China's stock slipped to a nearly 13-months closing low on Friday.PetroChina breaks its initial public offer (IPO) price for the first time since the stock issued in Shanghai last October.Th...
By Adrian Ash
If WallStreet stock can surge 200 points on falling earnings, an 11% drop in housing starts, and a 16 year record for consumer price inflation just as the Dow Jones Industrial...
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.
Bank of China (BOC) has adjusted its forecasts of the year-on-year increase rate of China's consumer price index (CPI)this year from 5.5 percent to 6.5 percent, and is expected to increase interest rates in the second quarter this year, said the report issued by BOC's department of the global financial markets on Monday.
By Julian D.W. Phillips
The focus in the Gold Market has always been on the Dollar price of gold, writes Julian Phillips of the Gold Forecaster. And yet we have ample evidence of why we shou...
In six short years, the tables have turned for gold. In 2001, prices were roughly $270 per ounce with a production cost of roughly $160 per ounce.Now in 2007, the production cost is nearly $400 an ...
