Newspaper publishing
Despite a weaker start, gold futures saw a temporary rally only to erase those gains and end near steady, settling at $820.70 an ounce on the Comex division of the New York Mercantile Exchange. The metal's volatility was attributed to lower equities, a higher dollar, and a
Newspaper publishing
Gold futures experienced a sharp decline on January 12, 2009, settling at their lowest point in nearly a month. The February gold contract fell by $34, or nearly 4%, to settle at $821 an ounce on the Comex division of the New York Mercantile Exchange. This decline was attributed to
Newspaper publishing
Commodity index reweighting provided short-term support for copper futures, but economists remain cautious due to lingering economic concerns. The March copper contract on the Comex division of the New York Mercantile Exchange rose 12.4 cents, or nearly 8.5%, to settle at $1.5830 per pound, its highest point
Newspaper publishing
March copper futures are anticipated to open around 3 cents lower on the Comex division of the New York Mercantile Exchange, following overnight activity where base metals were mostly lower due to profit-taking by shorts and a strengthening dollar. Analysts have indicated that the metals may experience a resurgence in
Newspaper publishing
Thin trading conditions and profit-taking pressure gold futures prices on the Comex division of the New York Mercantile Exchange, despite a strong run in the previous days. Gold settled at $879.50 an ounce, a decline of $4.80 from the previous session. Meanwhile, silver prices rose due to short
Newspaper publishing
Gold prices are expected to open around $13 an ounce higher in New York on Monday, based on electronic activity ahead of the pit session at the Comex division of the New York Mercantile Exchange. The metals rose overnight with the help of a sharp uptick in the euro against
Newspaper publishing
Copper futures took a downturn on January 4, 2008, due to profit-taking and weak non-farm payroll data, which came in short of Wall Street expectations. The most-active March copper contract settled at $3.1575 per pound on the Comex division of the New York Mercantile Exchange, down 3.05 cents
Newspaper publishing
New York traders were expecting a quiet Monday for the copper market, as thin holiday conditions and lack of leads from other markets resulted in quiet activity on the London Metal Exchange in Asia. The market was still digesting bearish U.S. economic data, including a soft housing report that
Microsoft Corp.
Microsoft's Bill Gates and News Corp's Rupert Murdoch have been engaged in advanced talks about a potential $1 billion investment in Sky Global, the satellite broadcasting arm of News Corp. The proposed deal, which would value Sky Global at up to $35 billion, is seen as
Microsoft Corp.
News Corporation has delayed plans to spin off part of its global satellite businesses due to market conditions, while negotiations with Microsoft continue for a potential $1 billion investment in Sky Global. The move comes as News Corporation seeks to facilitate further acquisitions and expand its wireless broadband Internet services.
Newspaper publishing
Gannett Co., Inc., a leading media and marketing company, has concluded the transaction with Allbritton Jacksonville, Inc. to acquire WJXX, the ABC affiliate in Jacksonville, Florida. This strategic expansion includes the continued ownership of WTLV-TV, the NBC affiliate in Jacksonville, and marks a significant milestone in Gannett's television
Newspaper publishing
Ed Murray has been promoted to site manager of Cox Interactive Media's Rhode Island Internet studio and the city site OSO.com, a popular website in Southern New England. Murray will oversee OceanStateOnline.com, previously voted "the best of Rhode Island" by readers of "Rhode
