Trade transaction results for bloomberg
Trade transactions: 27
Gold Passes $1,000 Mark
Gold traded at a record $1,000 an ounce for the first time today. The news coincides will the recession concerns, the weak dollar and the high price of oil. The BBC reports that since the beginning of 2008 gold has jump 20%. Gold also climbed 32% last year.Since the beginning of the year the value of gold has increased by about 20%, after it rose 32% in 2007.Gold eventually settled for the day at $993.80, up $13.30 an ounce.Analysts say gold will stay high as long as dollar and growth fears remain.Every bit of bad US economic data boosts gold in two ways, said Fortis Bank.First because it reinforces the return of its role as a safe-haven asset, and second because the dollar falls on expectations of further Federal Reserve rate cuts.The price of gold story made all the major newspapers and wire services: Reuters, Guardian, The Independent, Forbes, National Post, USA Today, Financial Times, Wall Street Journal, Telegraph.co.uk, Bloomberg and New York Times to name a few.A 52% climb in just twelve months might mean gold has climbed too quickly notes USA Today columnist John Waggoner here.If youre hankering to buy gold, you may get a chance to buy it more cheaply in the next month or so. Gold bullion has soared 52% over the past 12 months and 19% this year ? and it may have gotten ahead of itself. But if you want to invest for the long run in gold ? which can have a role in a diversified portfolio ? you have three good options: gold bullion coins, gold exchange-traded funds and gold mutual funds.Then again, Waggoners column also mentions that James DiGeorgia - editor of the Gold and Energy Advisor website - says gold could climb to $2,500 an ounce.Permalink | Recent Headlines | WWFeeds.com
High Gold Prices Make Oscar Statues More Expensive
The price of gold has been rising over the past several years. Bloomberg reports that the price of gold is also making those Oscar statues more expensive. They cost $500 this year compared to $400 last year according to Blooomberg.Permalink | Recent Headlines | WWFeeds.com
Worst Day of 2008 For Stocks
Stocks plunge again as concerns about the economy continue. Marketwatch reports that the DOW is now at a 10-month low. Today was also the worst day of the year for the stock market. It has been a short year and it hasnt been a good year at all so far.When reminded about how bad things are, the market remembers it should go down, said Art Hogan, chief market strategist at Jefferies & Co.And, it is going to take more than just monetary policy to clean up the mess weve made with this economy, Hogan said.The Philadelphia Fed Survey was a disaster, defying even the most pessimistic projections, said Frederic Ruffy, an analyst at Optionetics.Heres a look at the numbers.DOW - lost 300 points - 2.5%. Hits 10-month low.NASDAQ - lost 47.69 points - 2%S&P 500 - lost 39.94 points - 2.9%.The tumble began when the Philadelphia Fed reported dismal figures.Shortly before the Fed chairman spoke, the Philadelphia Fed said its measure of manufacturing activity feel sharply to a negative 20.9 from a revised reading of negative 1.6 in December. The report underscored the seriousness of the economic concerns that have in recent weeks drawn the focus of both Wall Street and Washington.The Philadelphia Fed just announced dreadful numbers, said John ODonoghue, co-head of equities at Cowen & Co. He said if you look back at Philadelphia Fed data for similar numbers, it takes you back to the 2001 to 2002 recession.Its not rocket science - the economy is slowing dramatically, and its being reflected in economic reports.Bloomberg says Merrill Lynchs huge 4th quarter loss also played a role in the bad day on Wall Street.Permalink | Recent Headlines | WWFeeds.com
The Falling U.S. Dollar
Whats happening to the dollar? It is worth less today than the loonie and the Euro seems to be increasing its value over the dollar each day. Lindsay Campbell from Wallstrip tries to hand some out dollars in this humorous video clip but she has trouble finding takers. You can track the latest currency rates here on Bloomberg.com.Direct video linkPermalink | Recent Headlines | WWFeeds.com
Oil Hits $89 a Barrel
Those forecasts for oil to hit $100 a barrel arent sounding very funny anymore. Oil closed voer $89 a barrel today because of concerns in the Middle East. Turkey has approved the entry of its troops into Iraq which greatly escalate problems in what is already a troubled region. CNN reports that gas prices are just starting to feel the impact from the soaring oil prices. The AAA has gas prices up 4 cents already for the week.Earlier in the day, crude prices scrambled to an all-time trading high of $89.55 a barrel.Prices at the pump have been slow to respond to rising crude prices recently, but that may be changing. On Thursday, gas prices gained nearly 2 cents to a national average of $2.79 a gallon for regular-grade gasoline, according to AAA. They are up 4 cents since Monday.Prices at the pump have been slow to respond to rising crude prices recently, but that may be changing. On Thursday, gas prices gained nearly 2 cents to a national average of $2.79 a gallon for regular-grade gasoline, according to AAA. They are up 4 cents since Monday.Theres almost an inevitability here now that we are going to get to $100 a barrel, said John Kilduff, an energy analyst at Man Financial in New York.Helping to lift crude prices higher was a decline in the dollar, which fell to an all-time low versus the euro and also dipped versus the yenOil closed at $89.47 a barrel. You can track energy prices here on Bloomberg.com. This graph shows how rapidly oil prices have been climbing in 2007.Permalink | Recent Headlines | WWFeeds.com
Consumer Spending in US Increased at Slower Pace (Update1) - Bloomberg
Consumer Spending in US Increased at Slower Pace Update1Bloomberg - 2 hours agoBy Bob Willis March 28 Bloomberg -- Spending by US consumers rose in February at the slowest pace in more than a year, another sign the economic expansion may be grinding to a halt.February Spending Flat, Inflation Threat Recedes New York TimesPersonal income stronger than expected CNNMoney.comMarketWatch - Forbes - Wall Street Journal - International Herald Tribuneall 399 news articles
JC Penney Plunges After Cutting Profit Forecast (Update1) - Bloomberg
CNBCJC Penney Plunges After Cutting Profit Forecast Update1Bloomberg - 1 hour agoBy Lauren Coleman-Lochner March 28 Bloomberg -- JC Penney Co., the third-largest US department-store chain, plunged the most in more than 20 years in New York trading after the retailer cut its sales and earnings forecasts on slower consumer spending ...JC Penney cuts first-quarter forecast MarketWatchJP Penney Slashes Guidance, Wall Street JournalReuters - CNNMoney.com - Conde Nast Portfolio - RTT Newsall 112 news articles
Fremont General says FDIC orders recapitalization of bank and ... - CNNMoney.com
Fremont General says FDIC orders recapitalization of bank and ...CNNMoney.com - 42 minutes agoNEW YORK, Mar. 28, 2008 Thomson Financial delivered by Newstex -- Fremont General NYSE:FMT PR NYSE:FMT Corp. Friday said the Federal Deposit Insurance Corporation issued a supervisory prompt corrective action directive to the company and to its ...Fremont Ordered to Recapitalize Wall Street JournalFremont Ordered by FDIC to Find Buyer; Curbs Imposed Update3 BloombergReuters - FOXBusiness - Housing Wire - 24/7 Wall St.all 20 news articles
Maguire Properties Says Its No Longer Pursuing Sale (Update1) - Bloomberg
RTT NewsMaguire Properties Says It's No Longer Pursuing Sale Update1Bloomberg - 2 hours agoBy Alan Mirabella March 28 Bloomberg -- Maguire Properties Inc., the biggest office landlord in downtown Los Angeles, said it's no longer pursuing a sale of the company because no viable bids emerged.Maguire Properties says not to pursue sale ReutersMaguire Properties says no longer actively considering sale of the ... ForbesHouston Chronicle - RTT News - FOXBusiness - 24/7 Wall St.all 26 news articles
Clear Channel Says Private-Equity Buyout May Collapse (Update3) - Bloomberg
Edmonton JournalClear Channel Says Private-Equity Buyout May Collapse Update3Bloomberg - 56 minutes agoBy Don Jeffrey March 28 Bloomberg -- Clear Channel Communications Inc., the biggest US radio broadcaster, said its sale to private- equity firms may collapse after banks backed out of financing the $19.5 billion deal.Clear Channel fight gets down 'n' dirty CNNMoney.comClear Channel says buyout may not close ReutersWall Street Journal - Bizjournals.com - Forbes - FOXBusinessall 1,429 news articles
BA cancels flights as chaos persists at Heathrow T5 - Reuters
Edmonton JournalBA cancels flights as chaos persists at Heathrow T5Reuters - 43 minutes agoBy David Clarke LONDON Reuters - British Airways Plc cancelled a fifth of flights from its new $8.6 billion terminal at London's Heathrow airport on Friday as chaos from its shambolic opening spilled into a second day.British Airways Cancels Flights as T5 Chaos Continues Update2 BloombergBA Expects More Cancellations As Problems at Terminal 5 Continue Wall Street JournalMarketWatch - Times Online - USA Today - BBC Newsall 1,678 news articles
US stocks get starting lift from Lehman upgrade - MarketWatch
Conde Nast PortfolioUS stocks get starting lift from Lehman upgradeMarketWatch - 52 minutes agoBy Kate Gibson, MarketWatch NEW YORK MarketWatch -- US stocks on Friday offered an opening rise, supported by Citigroup Inc.'s upgrade of Lehman Brothers Holdings Inc. and as Accenture Ltd.Lehman Upgraded by Citigroup on `Ample' Liquidity Update2 BloombergCiti says Lehman has ample liquidity ReutersForbes - Conde Nast Portfolio - National Post - StreetInsider.com subscriptionall 24 news articles
Oppenheimer sees dividend cuts at Citi, Wachovia, others - MarketWatch
EarthtimesOppenheimer sees dividend cuts at Citi, Wachovia, othersMarketWatch - 1 hour agoBy Andrew Dowell , , will likely have to announce dividend cuts next month, as shrinking earnings will make it hard to support current payouts, Oppenheimer analyst Meredith Whitney said Friday in a note to clients.RPT-UPDATE 1-Oppenheimer sees dividend cuts at Citi, Wachovia ReutersAhead of the Bell: Bank Dividends CNNMoney.comBloomberg - Forbes - BusinessWeek - Houston Chronicleall 103 news articles
Air France Refuses to Budge on Job Cuts at Alitalia (Update1) - Bloomberg
CitizenAir France Refuses to Budge on Job Cuts at Alitalia Update1Bloomberg - 1 hour agoBy Flavia Rotondi and Andrea Rothman March 28 Bloomberg -- Air France-KLM Group, Europe's biggest airline, refused to back down on plans to cut 2100 jobs at takeover target Alitalia SpA in a document submitted to the Italian company's unions.Air France-KLM sticks to its guns in Alitalia talks MarketWatchAlitalia unions critical but won't boycott talks ReutersCNNMoney.com - International Herald Tribune - BBC News - Wall Street Journalall 279 news articles
Mitsubishi Heavy, Areva in Talks to Make, Sell Nuclear Fuel - Bloomberg
BBC NewsMitsubishi Heavy, Areva in Talks to Make, Sell Nuclear FuelBloomberg - 5 hours agoBy Hiroshi Matsui March 28 Bloomberg -- Mitsubishi Heavy Industries Ltd., Japan's largest maker of industrial machinery, has begun talks with Areva SA of France to develop and sell fuel for nuclear power plants, according to a company document.Mitsubishi to make passenger jets United Press InternationalM'bishi Heavy:To raise jet venture capital in 1 yr ReutersBBC News - Turkish Press - FOXBusiness - Wall Street Journalall 275 news articles
Schering-Plough, Merck&s Vytorin Fails Artery Study (Update1) - Bloomberg
Dog Flu Diet and DiseasesSchering-Plough, Merck's Vytorin Fails Artery Study Update1Bloomberg - 29 minutes agoBy Shannon Pettypiece and Michelle Fay Cortez March 30 Bloomberg -- Merck & Co. and Schering-Plough Corp.'s cholesterol pill Vytorin didn't slow clogging of the arteries better than an older, cheaper drug, prompting doctors to say the medicine should ...Journal Issues Warning on Two Cholesterol Drugs New York TimesVytorin Study Shows Little Change In Artery Thickness CNNMoney.comForbes - Wall Street Journal - Reuters - WANDall 86 news articles
Why the Paulson Plan is DOA - BusinessWeek
Boston GlobeWhy the Paulson Plan is DOABusinessWeek - 1 hour agoLet?s see. In the middle of perhaps the greatest financial upheaval since the Great Depression, Treasury Secretary Hank Paulson is proposing a change in financial regulations which basically amounts to a big wink to Wall Street.News Analysis In Treasury Plan, a Reluctant Eye Over Wall Street New York TimesKeeping US Financial Markets Competitve ForbesFOXBusiness - Bloomberg - Reuters - Chicago Tribuneall 916 news articles
SEC: Countrywide execs to get - CNN International
EarthtimesSEC: Countrywide execs to getCNN International - 2 hours agoNEW YORK CNN -- The two top executives at struggling Countrywide Financial Corp., the nation's largest mortgage lender, are slated to receive a combined $19 million in payouts, a regulatory filing shows.Countrywide CEO to get $10 milion on way out BloggingStocksCountrywide execs to get millions United Press InternationalThe Associated Press - Bloomberg - CNNMoney.com - Reutersall 370 news articles
Delta, US Rivals Target Heathrow Amid Open Skies (Update3) - Bloomberg
BBC NewsDelta, US Rivals Target Heathrow Amid `Open Skies' Update3Bloomberg - 3 hours agoBy Tracy Alloway and John Hughes The European Union-US accord ends a lock on flights between the US and Heathrow for British Airways Plc, Virgin Atlantic Airways Ltd.Video: Suddenly, No Rules for Trans-Atlantic Flights AssociatedPress'Open Skies' heralds new era in air travel CNN InternationalFort Worth Star Telegram - Houston Chronicle - Forbes - Reutersall 214 news articles
Argentine Farmers Restore Roadblocks After Talks With Officials - Bloomberg
BBC NewsArgentine Farmers Restore Roadblocks After Talks With OfficialsBloomberg - 5 hours agoBy Richard Jarvie March 29 Bloomberg -- Argentine farm groups resumed their blockade of some of the country's major highways after government officials failed to respond to their demands to cancel an increase in export taxes.Argentine farm protest restarts nationwide ForbesArgentine Farmers Set Up New Barricades Houston ChronicleReuters India - AFP - Reuters - Voice of Americaall 310 news articles
Is Google Over? - Motley Fool
Sioux City JournalIs Google Over?Motley Fool - Mar 28, 2008By Rick Aristotle Munarriz March 28, 2008 Shares of Google Nasdaq: GOOG fell yesterday on the heels of another comScore report that shows weakness in the number of clicks that Google ads are receiving.Report Shows Decline In Google Paid-Search-Ad Clicks In US CNNMoney.comGoogle's Ad-Click Data Disappoint Wall Street JournalBloomberg - Forbes - Detroit Free Press - InternetRetailer.comall 387 news articles
Striking Colombia nickel miners to vote on offer - Reuters
Mining Journal OnlineStriking Colombia nickel miners to vote on offerReuters - 1 hour agoBOGOTA, March 30 Reuters - Unionized workers at Colombia's Cerro Matoso ferronickel mine will vote on Sunday on a company offer to end a four-week strike that has hit global nickel prices, a labor union leader said.BHP Declares Force Majeure at Mine Houston ChronicleBHP declares force majeure at Colombian nickel mine MarketWatchBloggingStocks - Bloomberg - Market Intelligence Center - Mining MXall 33 news articles
Bush Says Administration Will Expand Mortgage-Relief (Update1) - Bloomberg
NECNBush Says Administration Will Expand Mortgage-Relief Update1Bloomberg - 19 hours agoBy David Scheer March 29 Bloomberg -- President George W. Bush said the government will expand efforts to help homeowners avoid foreclosure as Democrats increase pressure on his administration to reduce unaffordable home-loan payments.Bush may expand help for struggling homeowners ReutersCongress poised to tackle tricky mortgage crisis NewsdayImperial Valley News - Voice of America - The Associated Press - Philadelphia Inquirerall 515 news articles
IACs Diller wins court battle with Liberty - Reuters
IAC's Diller wins court battle with LibertyReuters - 15 hours agoBy Michele Gershberg NEW YORK Reuters - IAC/InterActiveCorp IACI.O: Quote, Profile, Research chief Barry Diller on Friday won a bitter legal dispute with Liberty Media Corp's John Malone, paving the way for him to proceed with efforts to spin off ...Barry Diller Wins as Court Allows His 5-Way Division of IAC New York TimesBarry Diller Can't Be Ousted From IAC Board by John Malone BloombergCNNMoney.com - Wall Street Journal - Conde Nast Portfolio - FOXBusinessall 247 news articles
Lehman to sue over Japan fraud BBC News
Boston GlobeLehman to sue over Japan 'fraud'BBC News - 7 hours agoLehman Brothers, one of America's largest investment banks, plans to sue a Japanese trading house, saying it has been the victim of a complex fraud.Lehman to Sue Japan's Marubeni, Claiming Loan Fraud Update1 BloombergMarubeni employees' scam hit Lehman, others: sources ReutersInternational Herald Tribune - RTT News - BloggingStocks - Canada Eastall 231 news articles
Navteqs sale faces a detour - Chicago Tribune
PhoneMag.comNavteq's sale faces a detourChicago Tribune - Mar 29, 2008By Wailin Wong | Tribune reporter March 29, 2008 European antitrust regulators have raised concerns over the acquisition of Chicago-based digital map provider Navteq by Finnish cell phone-maker Nokia, delaying an $8.1 billion deal that is poised to ...Nokia's Navteq Acquisition Faces In-Depth EU Probe Update4 BloombergEU Opens Antitrust Probe Of Nokia-Navteq Deal Wall Street JournalCNNMoney.com - Reuters - The Associated Press - Forbesall 155 news articles
UBS to mark down auction-rate securities - CNNMoney.com
PravdaUBS to mark down auction-rate securitiesCNNMoney.com - 3 hours agoTORONTO Thomson Financial - UBS NYSE:UBS AG said Friday it is cutting the value of auction-rate securities in its brokerage customers' accounts, the first confirmation that problems with the securities have eroded the principal holdings of investors.3 Firms Are Asked for Data on Auction-Rate Shares New York TimesUBS, Merrill, Bank of America Auction Sales Probed Update4 BloombergForbes - Wall Street Journal - Reuters - Boston Heraldall 54 news articles
