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IBM takes on Google in business Web-mail market
IBM is introducing an inexpensive Web-based corporate email service that will compete with Google Inc’s Google Apps, which has recently suffered several high-profile outages. International Business Machines Corp will likely try to capitalize on...
Comex Gold Futures Consolidate Ahead Of Data
Gold futures are slightly higher in consolidation. The metal is staging an inside day – where the high and low are within the previous session’s trading range – and there hasn’t been follow-though selling from last week, notes...
Cotton Review: Pushes Higher On Bullish Outlooks, Equities
NEW YORK–ICE Futures U.S. cotton a resumed a technical uptrend Monday with fundamental and equities support. Most-active December cotton settled up 96 points at 62.90 cents a pound, and the nearby October contract settled 90 points higher at 61.50. In...
KSE Index loses 254.67 points on 28-09-2009
KARACHI (September 29 2009): Heavy selling pressure was witnessed at Karachi share market on Monday and KSE-100 index lost 254.67 points to close at 9,409.58 points. The investors remained cautious and opted for profit taking just before a day of expected...
LSE loses 114.92 points on 28-09-2009
LAHORE: Bearish trend kept the Lahore stocks under pressure on Monday and the equities registered losses amid reduced trading turnover in the absence of buying support while profit taking in oil and banking shares also forced the investors to remain on...
Cotton Review: Plummets On Technicals, Weather-Related Sales
NEW YORK–Wide-scale selling amid technical cues and forecasts for favorable weather hit ICE U.S. Futures cotton hard Friday as the market reversed from a six-week high. Most-active December cotton settled 287 points lower at 61.94 cents a pound,...
Comex Gold, Silver Still Correcting Lower
Gold futures continued to correct lower Friday, initially falling as the euro slid but then staying on the defensive even when the dollar gave up its early gains. December gold fell $7.30 to $991.60 an ounce on the Comex division of the New York Mercantile...
Cotton Review: Rises As Charts, Weather Attract
NEW YORK–Support from bullish economic indicators and weather concerns boosted ICE Futures U.S. cotton to fresh one-month highs Thursday. Most-active December cotton settled up 66 at 64.18 cents a pound, off of the 64.21 high, and the nearby Oct...
Comex Gold Falters On Profit-Booking, Dollar
Gold futures declined as participants booked profits amid the metal’s recent strong performance, but the commodity still managed to close above $1,000 an ounce. December gold fell $6.70 to settle at $1,013.50 an ounce on the Comex division of the...