Central GoldTrust Sells 2.65M Units for $180M
Calgary-based Central GoldTrust, a closed-end trust that holds gold bullion for investors, said Friday it sold 2.65 million units for $180 million.
Primero Q3 profit rises on gold prices
Primero Mining (P.TO: Quote) posted a third-quarter profit, helped by strong gold prices, sending its shares up as much as 7 percent.
Hermes Raises Full-year Sales Goal
French luxury group Hermes raised its full-year sales forecast on Friday after third-quarter growth beat its initial target, pulled by buoyant demand for the 174-year-old brand in Europe, the Americas and Asia.
Jobs Report Contains Modest Good News for Seekers
The U.S. economy added a modest 80,000 jobs in October -- below what economists expected -- but job gains for the prior two months were revised higher: September to 158,000 from the initially-released 103,000; and August to 104,000 from 57,000. And the latter suggests a job market that continues to heal.
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Wall Street to Dip After Payrolls, With an Eye on Europe
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MF Global CEO Jon Corzine Resigns Under Fire
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HCL Infosystems Profit Plunged by 74 Percent
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Groupon Raises $700 Million, Raising Value to $12.7 Billion
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Investment Management Firm Expands The Launch Of AI Technology That Innovates Investment Decision Making
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Jas Mathur: The New Force Behind Invest Inc.'s Disruptive Mission
More news
Mexico-focused Primero Mining Posts 3Q Profit
Primero Mining posted a third-quarter profit, helped by strong gold and silver prices.
MF Global CEO Jon Corzine Resigns
MF Global Holdings Ltd Chief Executive Jon Corzine resigned, four days after the futures brokerage filed for bankruptcy protection.
Groupon Raises $700 Million, Biggest Internet IPO Since Google
Groupon Inc. raised $700 million after increasing the size of its initial public offering, becoming the largest IPO by an Internet company since Google Inc raised $1.7 billion in 2004.
European Markets Open on Upswing
European shares extended the previous session's strong gains Friday as signs Greece would seek political consensus on a new aid package and dump a referendum helped cap some fears of an imminent default, although the outcome remains uncertain.
Post-Market NASDAQ Movers (OPWV, GTXI, SKUL, EVEP, ARRS, OPTR, KEYN, ENTR, GLUU, SWKS)
The top after-market NASDAQ Stock Market gainers are: Openwave Systems, GTX, Skullcandy, EV Energy Partners, and Arris Group. The top after-market NASDAQ Stock Market losers are: Optimer Pharmaceuticals, Keynote Systems, Entropic Communications, Glu Mobile, and Skyworks Solutions.
'Wall Street Artist Sets Sights on Corzine
Artist Geoffrey Raymond, famous for his paintings of troubled Wall Street figures, has found his next muse in MF Global Holdings Ltd's Jon Corzine.
Groupon raises $700 million in biggest Internet IPO
Groupon Inc raised $700 million after increasing the size of its initial public offering, becoming the largest IPO by an Internet company since Google Inc raised $1.7 billion in 2004.
Drew Barrymore tops list of Hollywood's overpaid
Some might argue that all stars are overpaid, but Drew Barrymore and Eddie Murphy are in a league of their own, according to a survey conducted by Forbes.com and published on Thursday.
Endgame Entertainment launches new venture
Production and financing company Endgame Entertainment has set up a $150 million fund to provide marketing and distribution funding for wide release movies, the company announced Thursday.
Short sellers still see green in battered solar sector
Short sellers who banked on a fall in the price of solar stocks this year pocketed big returns and are already positioning themselves for another go at the battered sector.
Apple to Fix iPhone Battery Life 'in a Few Weeks' [TIPS]
While iPhone customers have been flocking to Apple forums to find solutions for the measly battery life on the new iPhone 4s, Apple has kept quiet; until now, Thursday, when the company admitted that there were a few bugs in the latest iOS 5 operating system that they would aim to fix in a few weeks.
Chinese firms abusing Zambian miners: rights group
Chinese mining companies in Zambia, Africa's biggest copper producer, are routinely flouting laws designed to protect workers' safety and the right to organise, Human Rights Watch (HRW) said on Thursday.
Pirates hijack oil tanker off Nigeria: manager
Pirates have hijacked an oil products tanker off the coast of Nigeria after contact was lost with the vessel and crew over the weekend, the vessel's manager said on Thursday.
Cuba to Allow Sale of Real Estate, Reversing Decades of Socialism
Cuba will allow residents to buy and sell real estate starting Nov. 10, reversing a 50-year policy forbidding the practice.
Macy’s Herald Square Remodel Details (Hint: 300,000 Pairs of Shoes)
Macy's announced that its Herald Square flagship store in New York City will be getting a facelift. A major facelift, in fact; one that will take four years to complete.
U.S.'s 3.1% Productivity Rise in Third Quarter Bodes Well for Corporate Earnings
Just when you think the United States economy is about to tip back into a recession -- the dreaded double-dip -- up pops the unexpected -- modestly encouraging economic news, in the form of worker productivity and unit labor costs.
Jones Lang LaSalle Revenue up 28 Percent
Jones Lang LaSalle, one of the world's largest real estate services companies, reported revenue of $903 million in the third quarter, up 28 percent from the previous year.
Colt Resources to Invest $53M or More in Portgual
Canada's Colt Resources Inc will invest at least 53 million euros ($73 million) in two gold prospecting concessions in Portugal's southern Alentejo region, and the company said on Thursday it considers the country as strategic to its growth.
SAIL Q2 Profit Falls: Blames Rising Costs, Strong Dollar
Steel Authority of India (SAIL), the country's largest domestic steel producer, blamed a halving of quarterly profit on rising costs and a strong dollar on Thursday.
Quebec battles unions as builder scandal spirals
A government push to rein in the power of building trades unions in Quebec threatens to hamper infrastructure development and impede efforts to tempt investors to the French-speaking province.
India Has Highest Share of Asia Family Businesses
India has the highest percentage share of family businesses in Asia, accounting for 67 percent of total listed companies with market capitalisation of more than $50 million.
Can YouTube's New Video Channel Offering Move the Needle?
Google recently said it would launch 100 online video channels on YouTube that would feature new original programming from celebrities such as Jay-Z, Madonna, Shaquille O'Neal, and Tony Hawk, a move that would make YouTube a rival to cable and satellite TV channels.
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