INVESTMENT

IBTimes Logo

Retail investors jump back into stocks in February

Individual investors moved back into the markets in February to take advantage of rising stock prices as the economic recovery gained steam and risk aversion eased, said the head of one of the top U.S. discount brokers.

Gold up 1.5% after 'Healthy' Correction

Kumtor mine in Kyrgyzstan
Gold rose 1.5 percent on Thursday, rebounding above $1,700 an ounceas the previous session's 5 percent plunge induced investors to buy at lower prices on hopes the tumble was a healthy correction rather than the start of a bear market.
More news
Molten platinum

Impala Platinum Says it Will Not Exit Zimbabwe

Impala Platinum, the world's second-largest platinum producer, said on Wednesday that it would not exit Zimbabwe despite the demands being made by the government that it hand over majority stakes in its local operations to Zimbabweans.
Five U.S. Stocks

Dow At 13,000, S&P Breaks 1,370: Will It Last?

The Dow Jones Industrial Average crossed 13,000 at Tuesday's market close, while the S&P 500 rose above 1,370, but a bullish psychological impact could actually drag down the market in days to come.
The Toyota logo is shown on the front of a Prius Hybrid vehicle during the first press preview day for the North American International Auto Show in Detroit

Toyota To Ramp Up Production In Thailand

Toyota Motor Corp. (NSYE: TM) announced Wednesday it will increase the output of its Thai engine-building subsidiary Siam Toyota Manufacturing Co. in 2014, in an effort to meet growing demand in Asia.
IBTimes Logo

Joy Global's 1Q Profit Rises

U.S. mining equipment maker Joy Global Inc posted higher first-quarter profit, helped by stronger margins, and raised its 2012 forecast.
IBTimes Logo

CVC Capital Agrees To Buy Ahlsell

Private equity firm CVC Capital Partners announced on Wednesday the 1.8 billion euro ($2.4 billion) acquisition of technical products wholesaler Ahlsell from Cinven and Goldman Sachs Capital Partners, marking Europe's largest private equity deal in almost a year.
Greg Smith

Goldman Gets Wells Notice from SEC: Filing

The Securities and Exchange Commission notified Goldman Sachs Group Inc that it may file a civil case against the bank related to a $1.3 billion offering of subprime mortgage securities, Goldman said in a regulatory filing on Tuesday.
IBTimes Logo

CVC to Buy Nordic Group Ahlsell for $2.4 Billion

CVC Capital Partners is to buy Nordic construction products and machinery distributor Ahlsell from Cinven and Goldman Sachs Capital Partners for 1.8 billion euros ($2.4 billion), in Europe's biggest private equity deal since last summer.
Experts believe U.S. stocks are already overvalued just three years into the bull market

Stock index futures point to a firmer start

U.S. stock index futures pointed to a firmer open on Wall Street on Wednesday, with futures for the S&P 500, Dow Jones futures and Nasdaq 100 futures rising 0.1-0.2 percent at 4:58 a.m. ET.
Mahmoud Ahmadinejad

Arab Spring Headed to Iran, Warns Senior Muslim Brotherhood Member

A senior Muslim Brotherhood member and the head of the foreign affairs committee in the Egyptian parliament said on Monday that the popular political uprising that swept across the Middle East last year, overthrowing many dictatorial regimes including that of Egypt, is headed to Iran.
Factory

India's Economic Growth Weakest in 3 Years; Q3 GDP Grows at 6.1 Percent

India's economic growth slowed to its weakest annual pace in almost three years in the three months to December, as high interest rates and rising input costs constrained investment and manufacturing. GDP rose 6.1 percent in October to December compared with a year earlier, a lower-than-expected increase, figures from the statistics office showed.
A Southwest Airlines plane

Airlines Forced to Eat Jet Fuel Price Hikes, Again

Less than three days after U.S. airlines raised fares for the third time this year, the air travel providers are rolling back increases, market trackers are saying. The roll-backs -- which mean airliners, will have to eat up most of the recent jet fuel cost increases -- result from major industry player Southwest Airlines' unwillingness to follow peers in hiking ticket prices.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.