Sunday, February 03, 2008
Moscow shares soar as Wall Street gains and upgrades spark buying (Gold)
Moscow shares soar as Wall Street gains and upgrades spark buying
Forbes - MOSCOW (Thomson Financial) - Shares rebounded in afternoon trade following yesterday's steep losses as overnight gains on Wall Street inspired buyers, with Raspadskaya, Magnitogorsk Iron & Steel, Norilsk Nickel and Polyus Gold among the top
Asian shares put in mixed performance
Financial Times - Gold hit $927.80 an ounce for immediate delivery. Platinum for delivery in December jumped by the maximum amount allowed to Japanese shares dropped as investors digested predictions of lower profit at Mizuho Financial and Sony announced Thursday after
Stocks With Punch to Take On A Tough Market
Wall Street Journal - FREEPORT-MCMORAN COPPER & GOLD: Shares of the world's largest publicly traded copper producer are down by more than 10% this year, to about $91, despite higher copper prices. The fear is that a global downturn will depress the price of copper. The
Gold miners positioned for job cuts
Business Day South Africa - warrant it," said Frans Baleni, the NUM’s general secretary. "Any premature attempts to cut labour or wages will be rejected at all costs," he said. In midday trade shares in Harmony were 1,88% or R1,40 lower at R73,10 while Gold Fields’ shares
U.S. Stocks Rise on Yahoo Bid, Bond-Insurer Plan, Manufacturing
Bloomberg - Rio Tinto's U.S.-traded shares gained $34.05 to $441. Freeport-McMoRan Copper & Gold Inc., the second-largest copper producer, rose $3.28 to $92.10. U.S. Steel Corp. increased $5.25 to $107.21. Altera Corp. led gains in chipmakers after
London shares higher midday; FTSE 100 hits 6,000; NY seen up on Yahoo
Forbes - LONDON (Thomson Financial) - London shares extended gains midday, with Rio Tinto up 15 pct after two companies spent 7.2 bln They were also boosted by gold and platinum hitting record highs today, while silver and palladium were at multi-year peaks