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Gold Prices Advance To Top Level In Three Weeks After Mario Draghi’s Remarks – (KGC, ABX, GG)

Gold Prices Advance To Top Level In Three Weeks After Mario Draghi’s Remarks – (KGC, ABX, GG)

July 26, 2012 at 1:05 pm 0 comments

The price of gold jumped to three-week highs at $1620 an ounce on Thursday after European Central Bank (ECB) President Mario Draghi said the central bank was prepared to take any step to save the euro, lifting the single currencyRead More

Bankrate.com Survey Reveals Mortgage Rates Hit Another New Record Low – (IVR, NSM, CIT)

July 26, 2012 at 1:02 pm 0 comments

Mortgage rates are keeping their track to trend lower, with the average 30-year fixed mortgage rate hitting another new record low of 3.75 percent, data from weekly national survey by Bankrate.com showed. The average rate on 30-year fixed-rate mortgages hasRead More

BioNJ  President Considers IPO As A Major Source For Cash – (ARNA, QCOR, IBIO, GE, STEM)

BioNJ President Considers IPO As A Major Source For Cash – (ARNA, QCOR, IBIO, GE, STEM)

July 26, 2012 at 12:36 pm 0 comments

For biotech companies it is now easy to go public after the federal JOBS Act, but the head of the state’s biotech group said the result of Morristown-based Durata Therapeutics Inc (NASDAQ:DRTX) market debut last week is giving other NewRead More

The European Central Bank Releases Bank Deposit And Loan Data – (ITUB, BCS, SAN)

The European Central Bank Releases Bank Deposit And Loan Data – (ITUB, BCS, SAN)

July 26, 2012 at 12:18 pm 0 comments

Bank deposit and lending figures disclosed today highlighted a deepening gulf between the euro-zone’s deteriorating periphery and its healthy core in June as the region’s financial chaos aggravated. The data released by the European Central Bank showed that in Greece,Read More

Seven Of The Top Ten U.S. Banks Exceeded Analysts’ Earnings Estimates – (C, JPM, WFC)

Seven Of The Top Ten U.S. Banks Exceeded Analysts’ Earnings Estimates – (C, JPM, WFC)

July 25, 2012 at 2:02 pm 0 comments

Among 10 largest U.S. banks, seven have topped analysts’ mean profit estimates in the second quarter. That became possible mainly because of cutting costs and reducing the money earlier set aside to counteract bad debts, rather than from progress inRead More

Despite Strong Year-Over-Year Increase, Apple Inc’s (NASDAQ:AAPL) Growth Was Lowest In Over 2 Years – (CSCO, MSFT, S)

Despite Strong Year-Over-Year Increase, Apple Inc’s (NASDAQ:AAPL) Growth Was Lowest In Over 2 Years – (CSCO, MSFT, S)

July 25, 2012 at 1:55 pm 0 comments

A new phenomenon that is causing Apple Inc.’s (NASDAQ:AAPL) rapid growth rate to slow is additional consumers are attracted towards buying the least expensive iPhones and iPads. On Tuesday, Apple Inc. disclosed that both sales and profit posted growth ofRead More

Top Gainers For 2012 Among Biotech Stocks – (SPPI, ARNA, GILD, CELG, BDSI, THLD, SRPT, DNDN)

Top Gainers For 2012 Among Biotech Stocks – (SPPI, ARNA, GILD, CELG, BDSI, THLD, SRPT, DNDN)

July 25, 2012 at 1:48 pm 0 comments

Biotechnology industry, which features companies such as Gilead Sciences, Inc. (NASDAQ:GILD) and Celgene Corporation (NASDAQ:CELG), is turning out to be a favorite among investors trying to  raise their alternatives. The indsutry gains so far this year are led by BioDeliveryRead More

Spanish Plan Gets An Approval, Restricts Banks Payment Of Dividends – (BBD, DB)

Spanish Plan Gets An Approval, Restricts Banks Payment Of Dividends – (BBD, DB)

July 25, 2012 at 1:40 pm 0 comments

The European Commission has recently provided a green light for a Spanish plan to boost the capital of some of the country’s banks and said lenders getting rescue funds would not be allowed to pay dividends. The plan is forRead More

Britian’s Second Slump In Three Years Getting Worse – (ITUB, BCS, SAN)

Britian’s Second Slump In Three Years Getting Worse – (ITUB, BCS, SAN)

July 25, 2012 at 1:23 pm 0 comments

Signs of a intensifying slump in Europe increased Wednesday as Britain reported its second recession in three years is getting worse and the forecast for the German economy worsened. The reports came a day after Moody’s Investors Service reduced theRead More

21 States Asks U.S. Auto Manufacturers To Create CNG Vehicles – (F, GM, TSLA)

21 States Asks U.S. Auto Manufacturers To Create CNG Vehicles – (F, GM, TSLA)

July 25, 2012 at 12:49 pm 0 comments

Twnety-one states including Oklahoma are asking U.S. auto manufacturers to manufacture compressed natural gas vehicles for state vehicle fleets. A request for suggestions for reasonably priced and functional natural gas vehicles is part of a multistate plan declared in NovemberRead More