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Gold eases as confidence in recovery gains traction

Spot gold was bid at $1,328.05 an ounce at 1300 GMT, against $1,336.00 late in New York on Wednesday. U.S. gold futures for April delivery fell $3.90 to $1,328.20. Concerns over the fallout from unrest in Egypt, where six people were killed after supporters of president Hosni Mubarak opened fire on protestors overnight, have underpinned prices, but have not sparked fresh investment, analysts said.
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Would 2011 be Year of Come-Back for AOL?

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.
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Kinder Morgan to file IPO terms Thursday: source

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.
TPG and GIC to invest in Indonesia's coal firm

S.Africa says coal for power a priority

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.
Traders work on the floor of the New York Stock Exchange

US futures point to mixed open

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.
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Tribune lenders drop competing bankruptcy plan

A group of lenders has withdrawn its plan for reorganizing newspaper owner Tribune Co, leaving two proposals for ending the company's two-year stay in bankruptcy, according to court documents.
A construction worker cuts tiles as he installs a roof on a home in a new subdivision being built in San Marcos, California

Dec construction spending lowest in 10-1/2 years

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.
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When and How Gold Will Begin its Bubble

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.
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When Gold Bullion Fails

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.
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ProLogis Downgraded at RBC Capital Markets

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.
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Gold opens February with gains

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.
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Centamin Egypt says ops unaffected by unrest

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.

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