Estimates that Groupon Inc is worth $25 billion are very high because the largest online daily deals company is losing money, Benchmark Co analyst Fred Moran said on Friday.
After rising steadily from the market-bottom of March 2009 to April 2010, Boeing stock has basically been flat.
Gold dropped 1.5 percent on Friday, falling further from the previous session's record highs, as a rise in appetite for riskier assets prompted profit-taking from bullion's sharp safe-haven rally this week.
Gold and silver prices retreated Friday as investors shrugged off weak consumer sentiment data to step back into stocks and give the S&P 500 a two-day winning streak for the first time since mid-July.
The retreat Friday in the price of gold marks a pause, nothing more, in the precious metal's ascent, according to a Barclays Capital report.
The Republic of Congo's non-crude revenues rose 25 percent to 500 billion CFA Francs in the first-half of the year, Congo's president Denis Sassou N'Guesso said on Friday, adding the economy needed to ease its reliance on an oil industry poised for decline.
U.S. companies are pouring their cash stockpiles into buying back their own shares, betting on a Wall Street rebound rather than investing in new operations or bumping up dividends.
Companies are pouring their cash stockpiles into buying back their own shares, betting on a Wall Street rebound rather than investing in new operations or bumping up dividends.
This year's explosion in gold and related assets comes on the 25th anniversary of a hit single that offers an uncannily relevant message for the Wall Street establishment: It is "Hip to Be Square."
Since mid-May 2011, Boeing shares have plunged from just under $80 to about $57, about a 29 percent decline.
The financier Alex Meruelo is being joined by Meruelo Capital Partners in the purchase of the NBA's Atlanta Hawks.
After a week of gyrations that's seen the Dow Jones Industrial Average rise or fall 400 points for four straight days, it's understandable if U.S. investors are bewildered. Given the tumult, what stance should investors adopt now?
A surge in prices to all-time highs has galvanized the French retail gold market, for long a dusty corner beloved of coin investors, drawing in ordinary punters but also the unwelcome attention of armed robbers.
As his campaign for U.S. president fails to take flight, some donors to Republican hopeful Tim Pawlenty are having second thoughts.
China's second-biggest train maker will recall 54 bullet trains used on the new showcase Beijing-Shanghai line for safety reasons, the firm said on Friday, dealing a fresh blow to the nation's scandal-plagued rail system.
Jefferies has upgraded PC giant Hewlett-Packard Co. (NYSE:HPQ) to "buy" from "hold," saying that the company is expected to deliver higher margins over long-term and is best positioned to benefit from the increasing demand for cloud services.
If rumors are to be believed then a Sprint iPhone 5 may arrive this fall.
Zulily, a top flash-sales website founded by former Blue Nile (NILE.O) executives, said on Thursday it raised $43 million to expand further.
Spot gold reversed early losses, putting it back on track for its best week since January 2009 as worries about the euro zone debt crisis and global growth drive investors to safe havens.
Gold eases off the session's record highs after the CME Group raised margins on COMEX gold futures, but turmoil in the global financial markets and fears of slower growth buoyed sentiment.
Oil is likely to remain weak in the short term due to the sluggish global economy, while gold reaches new peaks on its increasing safe haven appeal and an expected further easing of U.S. monetary policy, a London-based fund manager said.
In days past, jawboning from Presidents and central banks was often enough to stem a financial markets selloff. Not anymore.