ThinkstockDiamond company Harry Winston Diamond Corp. (NYSE: HWD) has agreed to purchase the Ekati diamond mine from the Canadian subsidiary of BHP Billiton PLC (NYSE: BHP) for $500 million. BHP owns 80%…
thinkstockAustralia has been a center of development for liquefied natural gas (LNG) development for several years now, and the first wave of projects are scheduled to be operational in 2014. But as…
ThinkstockUpdated throughout the day on the 24/7 Wall St. Wire: BHP Billiton Ltd. (NYSE: BHP) has started to look for a CEO. (Reuters) Sony Corp. (NYSE: SNE) will sell the PlayStation in…
thinkstockAmazon.com Inc. (NASDAQ: AMZN) will be able to sell cheaper e-books. (Reuters) Amazon is likely to win its showdown of e-books in Europe with Apple Inc. (NASDAQ: AAPL) as the loser. (Reuters)…
Major European equities markets are trading lower today as investors are waiting to see the impact of Hurricane Sandy on the heavily populated U.S. East Coast. The U.K.’s FTSE 100 is down…
Here we go again. We’d all feel cheated if a year were to pass without chatter about the possibility of a takeover of Alcoa Inc. (NYSE: AA). In 2007, BHP Billiton plc…
Independent oil and gas exploration and production company Goodrich Petroleum Corp. (NYSE: GDP) said this morning that it has received notice from the U.S. Securities and Exchange Commission (SEC) that the agency…
The $15.1 billion offer from China’s state-controlled Cnooc Ltd. (NYSE: CEO) for Canadian-based Nexen Inc. (NYSE: NXY) is currently being reviewed by the Canadian government, with a decision expected by November. Cnooc…
Europe markets opened up slightly up after most Asia markets closed higher by below 1%. The FTSE rose .63% to 5,747. Miner Rio Tinto (NYSE: RTP) was up over 2% as was its major…
Douglas A. McIntyre When the proposed $90 billion merger between Glencore International and Xstrata was first announced, the seeds of its failure were first planted. Glencore already owned 34% of Xstrata and could not vote…
nationsonline.orgEuropean stocks are up today on the possibility of further monetary stimulus in China boosted investor confidence, and investors await reports that may show the U.S. economy is improving. Prime Minister Jean-Claude…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. There are many reports this morning! ADTRANÂ Inc. (NASDAQ: ADTN) Cut to Hold…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. Alcoa Inc. (NYSE: AA) Cut to Underperform at BMO Capital Markets. Alkermes,…
The world’s largest companies have never had a reputation for showering investors with information about their financial situations and operations. The rules that might make them do so are too lax. Government authorities…
The announcement last February that Glencore International AG (OTC: GLCNF) would acquire mining giant Xstrata plc (OTC: XSRAY) has always faced one very big problem: just 17% of Xstrata shareholders voting against…
