Gold futures blew past the $1700-per-ounce mark early Thursday morning ahead of a widely-anticipated appearance by European Central Bank president Mario Draghi where the central bank head was expected to announce further monetary accommodation in the eurozone.
Late Monday, word leaked out that Draghi is now saying the ECB should pursue a policy of monetizing sovereign debt of periphery countries -- that is, printing reams of new euro to buy bonds issued by those governments -- even though such a policy path exceeds the central bank's mandate and has been adamantly opposed by the German political establishment.
Top After-Market NYSE Movers (Guidewire, Cenveo, Six Flags, CONSOL Energy, Pep Boys-Manny, Greenhill, Kindred, Nustar, Giant Interactive)
The top after-market NYSE gainers Tuesday were Guidewire Software, Cenveo Inc, Six Flags Entertainment Corp, CONSOL Energy and Pep Boys-Manny, Moe & Jack. The top after-market NYSE losers were Greenhill & Co, Assured Guaranty Ltd, Kindred Healthcare, Nustar Energy L.P. and Giant Interactive Group Inc.
Top After-Market NYSE Movers (Pandora, LyondellBasell, GenCorp, ING Group, Oxford Industries, Rogers, Bank of Nova)
The top after-market NYSE gainers Wednesday were Pandora Media, LyondellBasell Industries, GenCorp, ING Group and Turquoise Hill Resources Ltd. The top after-market NYSE losers were Oxford Industries, Rogers Communication, Tim Hortons, Asbury Automotive Group and Bank of Nova Scotia.
Inflation probably crept up in July as poor monsoon rains drove food prices higher, a Reuters polls showed on Wednesday, giving the RBI less room to cut interest rates to revive a flagging economy.
Standard Chartered Plc said Monday it was in talks with New York's banking regulator to try to settle allegations it hid transactions with Iran.
Indian inflation probably crept up in July as poor monsoon rains drove food prices higher, a Reuters polls showed on Wednesday, giving the RBI less room to cut interest rates to revive a flagging economy.
Pre-Market Movers (MEMC, Tower Semiconductor, Pebblebrook, InterContinental Hotels, UBS, Hewlett-Packard, Credit Suisse, ARM Holdings)
MEMC Electronic Materials, Tower Semiconductor, Pebblebrook Hotel Trust, InterContinental Hotels Group, UBS AG, ARM Holdings, Hewlett-Packard and Credit Suisse Group AG are among the companies whose shares are moving in pre-market trading Wednesday.
Is Best Buy Co. Inc. (NYSE: BBY) about to lose its stock exchange ticker symbol and become a private company? Some traders think it's imminent.
Gold futures steadied over $1,600 per ounce Thursday, breaking above a level the precious metal had not seen since early July.
Investors in Facebook stock are bracing themselves for something wild. The market is bracing for big swings in Facebook Inc (FB.O) shares after the social media company reports earnings for the first time as a public company.
Pre-Market Movers (Baidu, Goodyear Tire, NXP Semiconductors, Telecom Italia, Elan Corp, Infosys, Barclays)
Baidu.com, Goodyear Tire & Rubber, NXP Semiconductors, Telecom Italia, Elan Corp, Infosys Ltd, Banco Santander and Barclays Plc. are among the companies whose shares are moving in pre-market trading Tuesday.
Pre-Market Movers (Mellanox, Bank of America, Infosys, Credit Suisse, Pluristem, Yum Brands, Deutsche Bank, Perrigo)
Mellanox Technologies, Asset Acceptance Capital, Bank of America, Infosys, Credit Suisse Group, Pluristem Therapeutics, Yum! Brands, Deutsche Bank and Perrigo Co are among the companies whose shares are moving in pre-market trading Thursday.
Pre-Market Movers (Credit Suisse, Orexigen, Aixtron, Arena Pharma, Ericsson, Saks, American Capital)
Credit Suisse Group, Orexigen Therapeutics, Aixtron, New Oriental Education & Tech, Arena Pharmaceuticals, Ericsson, Saks and American Capital Agency Corp are among the companies whose shares are moving in pre-market trading Wednesday.
Top After-Market NYSE Movers (Saks, MasterCard, EXCO, Visa, Omega Healthcare, VimpelCom, New York & Co)
The top after-market NYSE gainers Friday were Saks Inc, MasterCard, EXCO Resources, Visa and Yanzhou Coal Mining. The top after-market NYSE losers were New York & Co, Omega Healthcare Investors, Bonanza Creek Energy, VimpelCom and Accuride Corp.
As news about Amazon testing its smartphone trickles down, the industry is agog with excitement of finding a smartphone that can usher in the goodies without much fuss.
Investors in Research In Motion Ltd should not re-elect one-time lead director John Richardson to the board of the struggling BlackBerry maker at Tuesday's annual meeting, proxy advisory firm Glass Lewis said.
Ford Motor Company (NYSE: F) must be asking itself when the European automotive market becomes too toxic as sales in the region slump, the euro zone teeters on the brink of disaster and carmaker predicts European losses of close to $600 million in the second quarter.
Best Buy Co. Inc. (NYSE: BBY) is returning to China, but this time the world's largest electronics retailer is returning as a smaller version of its previous self.
Pre-Market Movers (Amarin Corp, Facebook, Zynga, Saks, Credit Suisse, Atlantic Power, Tata Motors, O'Reilly Automotive)
Amarin Corp, Facebook, Zynga, Saks, O'Reilly Automotive, Credit Suisse Group, Atlantic Power and Tata Motors are among the companies whose shares are moving in pre-market trading Tuesday.
Few large financial institutions managed to escape unscathed as Moody's repositioned the ratings of 15 banks and securities firms with global capital markets operations after the closing bell on Thursday.
Asian stock markets mostly declined Thursday as the Federal Reserve's limited help to bolster the domestic economy disappointed some market participants.
Pre-Market Movers (Seadrill, Transocean, Nokia, Credit Suisse, Smithfield Foods, Tata Motors, 3D Systems, Frontline)
Seadrill Ltd, Transocean, Frontline, Nokia Corp, Credit Suisse, Smithfield Foods, Tata Motors, 3D Systems and Overseas Shipholding Group are among the companies whose shares are moving in pre-market trading Thursday.
Markets reacted positively to the Spanish banking sector bailout for about two hours before the sobering reality of the situation set in.
Chesapeake Energy Corporation (NYSE: CHK), the nation's second largest natural gas producer, is seeking to patch its $22 billion shortfall brought on by dropping natural gas prices by selling its midstream pipeline assets to Global Infrastructure Partners for $4 billion, the company announced Friday.
China's Alibaba Group and Yahoo confirmed Sunday night they have reached an agreement that will allow the two online media giants to eventually go their own ways. Alibaba initially will pay an estimated $7.1 billion in cash and preferred stock to Yahoo.