Friday, September 17, 2010

Gold hits another new high



BEFORE THE BELL: US Stock Futures Rally On Oracle, RIM Results
Wall Street Journal
By Polya Lesova US stock futures pointed to an opening rally on Wall Street Friday as investors cheered better-than-expected results from Research In Motion Ltd. and Oracle Corp. Most Asian markets finished higher, and European stocks posted solid ...
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Crucell Surges After Johnson & Johnson's $2.3 Billion Bid
Bloomberg
By Eva von Schaper - Fri Sep 17 08:23:09 GMT 2010 Crucell now "feels at home in the J&J family of companies," Crucell Chief Executive Officer Ronald Brus said. Source: Crucell NV via Bloomberg J&J bought an 18 percent stake in Crucell in September of ...
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Mobile company LG replaces chief
BBC News
LG Electronics, the world's third-biggest mobile phone maker, has replaced its chief executive after record losses at its handset business. Nam Yong will be replaced by Koo Bon-joon, the brother of the chairman of parent company LG Group. ...
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Gold hits another new high
CNN
By Aaron Smith, staff writerSeptember 17, 2010: 6:54 AM ET NEW YORK (CNNMoney.com) -- The price of gold climbed to yet another record Friday, continuing its week-long rally fueled by uncertainty over the global economy. Gold futures for December ...
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Forex Options: Dollar/Yen Options Down; Geithner Comments Awaited
Wall Street Journal
TOKYO (Dow Jones)--Dollar/yen options fell sharply in Tokyo Thursday as the underlying exchange rate hovered well above the psychologically important Y85.00 during Asian morning trade, reducing demand for protection against currency fluctuation. ...
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China Yuan Slightly Up Late; 7th Session Of Gains
Wall Street Journal
SHANGHAI (Dow Jones)--China's yuan was slightly higher against the US dollar late Friday afternoon, reversing earlier losses and extending its rally to a seventh consecutive trading session, following the euro's sharp gains in Asia. ...
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TDC confirms Sunrise sale for $3.3 billion
Reuters
COPENHAGEN (Reuters) - Denmark's TDC (TDC.CO) agreed to sell its Swiss unit Sunrise for 3.3 billion Swiss francs ($3.3 billion) in a deal seen by analysts as readying TDC for a stock offering and boosting its shares 6 percent. ...
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RIM Surges After Forecasting Sales Above Analysts' Estimates
Bloomberg
By Hugo Miller - Fri Sep 17 04:01:00 GMT 2010 Research In Motion Ltd., maker of the BlackBerry smartphone, surged in late trading after forecasting revenue and profit that were higher than analysts' estimates, buoyed by expectations for its new Torch ...
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ECB Officials Point to Need to Act on Banking Issues
ABC News
By Boris Groendahl and Marc Jones VIENNA (Reuters) - The financial crisis is not over and governments have more to do to pull banks off state support, although no euro zone country should default on its debt, European Central Bank officials said on ...
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