INVESTMENT

Mark Carney, a former Goldman Sachs employee and the current Governor of Bank of Canada, is a huge commodities bull.

Spot Gold prices rallied against all major currencies on Wednesday morning, hitting $1491 per ounce and rising 1.2% from yesterday's eight-day low as stock and commodity markets also gained.

The companies whose shares are moving in pre-market trade on Wednesday are: Safeguard Scientifics, Jaguar Mining, Analog Devices, Abercrombie & Fitch, NYSE Euronext, Titanium Metals, BJ's Wholesale Club, Target, Nvidia, Hewlett-Packard and Apollo Group.

General Motors will build its first major electric motor plant near Baltimore in Maryland, which will be the first of its kind to manufacture critical components for vehicle electrification. It is scheduled to open in 2013, the carmaker said in a statement.

Morgan Stanley aims to raise 1.5 billion yuan ($230 million) in its first yuan-denominated private equity fund in China, joining rivals such as the Carlyle Group and Blackstone for a piece of the booming market.

Organizations hoping to relocate applications into the cloud have five preferences: rehost on infrastructure as a service (IaaS), refactor for platform as a service (PaaS), revise for IaaS or PaaS, rebuild on PaaS, or replace with software as a service (SaaS), according to a report by Gartner Inc, an information technology research and advisory corporation providing technology related insight.

In my mind it was just one of those raids that we experience from time to time. There was no particular reason for it. And then we end up with 5 margin rate increases. It just reeks of someone manipulating the price of silver down.

The two hottest personalities in the hedge fund industry just disagreed about the hottest investment in the world.

Revenues at the world's biggest investment banks fell 5 percent to $52 billion in the first quarter of 2011, hit by Middle Eastern unrest, natural disasters, volatile commodities and economic uncertainty, a consultancy said in a report on the industry.

The bull market that began in March 2009 may be over, warned a report from Standard & Poor’s.

William Henry Bill Gates III, co-chair of the Bill & Melinda Gates Foundation, laid out his vision for the impact that broadening access to vaccines can have on the world.

The companies whose shares are moving in pre-market trade on Tuesday are: VF Corp, Domino's, Saks, Cliffs Natural Resources, Carnival, Diamond Offshore Drilling, Douglas Dynamics, Hewlett-Packard, Western Refining and Phoenix New Media Ltd.

Gold Bullion prices were little changed below $1500 per ounce on Tuesday morning, but fell for non-US investors as the Dollar eased back on the currency market and European equity markets cut their earlier losses.

Honeywell International and BorgWarner have settled their dispute over the patent-infringement lawsuit brought by BorgWamer over a titanium wheel used in engine turbochargers.

General Motors plans to invest about $2 billion in U.S. assembly and component plants, creating or preserving more than 4,000 jobs at 17 facilities in eight states, the carmaker said in a statement.

U.S. Treasury Secretary Timothy Geithner sent the following letter on May 16, 2011 as the U.S. hit its legal debt limit.

The U.S. stopped fully investing in a pair of U.S. federal employee retirement funds on Monday as the federal government reached its legal debt limit.

U.S. Dollar Gold Prices continued on Monday morning where they'd left off on Friday, zigzagging around $1495 while global stock markets fell along with major industrial commodities oil and copper.

The top pre-market NASDAQ Stock Market gainers are: CNinsure, Telestone Technologies, EnerNOC, Tranzyme and SIGA Technologies. The top pre-market NASDAQ Stock Market losers are: Sina Corp, ANADIGICS, ARM Holdings, NASDAQ OMX Group and Baidu.

Benchmark Capital has upgraded shares of Stec, Inc. to buy from hold.

Innkeepers USA Trust, the bankrupt manager of more than 70 hotels, gained court approval on Friday of a plan to sell most of its properties to Cerberus Capital Management and Chatham Lodging Trust for $1.12 billion.