Gold Price Bubble? Gold prices, what's ahead?
Stock Market Up and down, but when is the next bubble?
Among the few notable exceptions to the Dow’s generally down day on Monday was Foster City’s Gilead Sciences Inc., which climbed nearly 4 percent to close at $47.53. Could have something to do with the royalties they’re collecting on Tamiflu, the influenza drug the biotech company invented and sold to Swiss pharma Roche Holding AG [...]
* On high alert, but most take wait-and-see approach * Google closes Mexico office * Ernst & Young unsure if New York staffer has swine flu * Xerox investigating possible case in Mexico * DuPont, Nokia, Honda limit travel Companies began restricting employee travel in response to a potential flu pandemic that has claimed at [...]
The Obama Administration said Tuesday it will throw an additional lifeline to struggling homeowners by giving lenders incentives to reduce borrowers’ monthly payments on second mortgages. “With these latest program details, we’re offering even more opportunities for borrowers to make their homes affordable under the administration’s housing plan,” Treasury Secretary Timothy Geithner said in a [...]
Google Inc (GOOG.O) closed its Mexico office for the day on Tuesday, as concerns of swine flu grip the country. The Internet company told staff at its Mexico City office to stay home out of “an abundance of caution,” a Google spokeswoman said. Google declined to comment on the number of employees that work at [...]
The Los Angeles County coroner’s office is investigating two recent deaths for links to swine flu. Coroner’s Capt. John Kades says tests are being run on two bodies to see if swine flu was a factor in their deaths, but there is no confirmation that the disease killed them. The Los Angeles Times reports on [...]
BANGALORE–U.S. regulators have told Bank of America Corp (BAC: 8.331, -0.579, -6.5%) and Citigroup Inc (C: 2.92, -0.17, -5.5%) they may need to raise more capital following stress testing of the two banks, the Wall Street Journal reported. The shortfall amounts to billions of dollars at BofA, the paper said on Tuesday, citing people familiar [...]
With the clock ticking to achieve major restructuring concessions, Chrysler reached a breakthrough late Monday night with its lenders, potentially allowing the auto maker to avoid filing for bankruptcy. The agreement with first-lien lenders, which seemed like a long-shot less than a week ago, was confirmed by administration officials to FOX Business. Prepare For The [...]
The markets flirted with positive territory Tuesday afternoon as Wall Street cheered a surprising surge in consumer confidence that overshadowed continued concerns about the swine flu and financial sector. Today’s Markets As of 1:50 p.m. EDT, the Dow Jones Industrial Average rose 22.46 points, or 0.28%, to 8047.46, the S&P 500 gained 1.56 points, or [...]
A new swine flu virus that has killed 149 people in Mexico was found further around the world on Tuesday and the specter of a pandemic began to hit air travel. The United States, Canada and the European Union advised people to avoid non-essential travel to Mexico, and companies adopted wider travel restrictions to countries [...]
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