Internet company AOL, Inc. (AOL) reported better-than-expected fourth quarter results on the top-line, with in-line earnings. Management believes that 2011 is the come back year for AOL. Jefferies & Co. reduced its price target on shares of AOL to $26 from $27, while maintaining its hold rating.
Private equity-backed pipeline company Kinder Morgan is expected to file terms for its initial public offering before U.S. markets open on Thursday, a source familiar with the situation said.
Bank of America Corp was hit with a lawsuit on Wednesday claiming the lending giant hid foreclosure problems that eventually led to a decline in its share price.
The Middle East is headed into the unknown, on that everyone agrees -- but the speed of events in Egypt and elsewhere has left analysts and financial markets struggling to find their bearings.
South African Mining Minister Susan Shabangu said on Wednesday the government would act to ensure sufficient coal supplies for power generation, but urged industry to sort out the supply problem first.
Standard Chartered has promoted the head of transaction banking for China to lead the same division in Africa, according to a person familiar with the matter.
K&L Gates has opened a new office in Brussels, Belgium, in its bid to expand its presence in Europe and has poached on two partners from McDermott Will & Emery to lead the office.
Futures on major U.S. indices point to a mixed opening on Wednesday, after Dow and S&P finished at two year highs in the previous session.
A group of lenders has withdrawn its plan for reorganizing newspaper owner Tribune Co, leaving two proposals for ending the company's two-year stay in bankruptcy, according to court documents.
Nuclear power and high speed rail will top the focus of China's plan to invest $1.5 trillion in seven key industries and shift the world's number two economy away from its role as a supplier of cheap goods, sources said.
U.S. construction spending unexpectedly fell in December to touch its lowest level in nearly 10-1/2 years as investment in both public and private projects declined, suggesting the sector would continue to struggle this year as federal stimulus spending tapers off.
British music company EMI Group said that Citigroup Inc. (NYSE: C) has seized control of the company from struggling financier Guy Hands, in a move that it will probably lead to the sale of EMI.
The ramp-up to full production at Areva's Trekkopje uranium mine in Namibia has been delayed by a year to late 2013, the company said on Tuesday.
The bull market in Gold is in its 12th year (globally it began in 1999) but has yet to exhibit any bubble-like conditions. Institutional accumulation began in 2009 (e.g. Paulson, Einhorn) and we know that phase lasts at least a few years before a bull market gives birth to a bubble.
Mary Buffett and David Clark said they revealed Warren Buffett's investment secrets in their recently published book Warren Buffett and the Art of Stock Arbitrage.
Mexican tycoon Carlos Slim, who is considered by some to be the world’s richest person, said he will invest $8.3-billion in nineteen countries, primarily in Latin America.
Whatever your finance advisor, economics professor, banker or coin dealer might tell you, no single asset class - bought today - can promise to hold or grow its value, year after year, until precisely the day when you need to sell it and spend.
The Gold Price ticked higher for Dollar investors Tuesday morning in London, but slipped against other currencies as world stock markets rose and government bonds edged back.
RBC Capital Markets downgraded rating of ProLogis (NYSE: PLD) to "sector perform" with above average risk qualifier from "outperform" and lowered its price target to $15.25 from $16.
Three big tech companies, HP, Intel and IBM, put their money into funding start-ups as part of a White House campaign.
Gold rose in Europe on Tuesday as the dollar index hit a 12-week low and geopolitical tensions centered on Egypt added risk premium to prices, with Asian demand for coins and bars after January's price drop adding support.
Miner Centamin Egypt said its operations were unaffected by the political unrest as momentum continues to build in Egypt, while it forecasts higher production in 2011. Egypt-focused stocks have come under the spotlight as protestors demand an end to the 30-year-rule of President Hosni Mubarak.