Cropper PrimeAg Australia Ltd says high commodity prices are helping to offset big increases in farm inputs such as fuel and fertiliser."The fuel price is now 50 per cent higher than a year ago, and fertiliser and chemical costs have more than doubled in some cases," PrimeAg chief executive...
BERLIN (Reuters) - Deputy U.S. Treasury Secretary Robert Kimmitt said on Friday he was confident about the United States' economic fundamentals in the long term despite a current rough patch and was quite optimistic about the future. "Our view is that we continue...
By Jonathan Cable and Hideyuki Sano LONDON/TOKYO (Reuters) - Soaring commodity costs are denting manufacturing activity in Asia and Europe and the outlook looks bleak as new orders drop off in the face of rising prices, surveys showed on Tuesday. Manufacturing activity in...
Despite Congress' periodic hauling of weak-kneed oil executives before their committees to charge them with collusion and price- gouging, subsequent federal investigations turn up no evidence to support the charges. Right now oil company executives are getting a bit of a respite as Congress has turned its attention to crude...
NEW YORK -- Wall Street Media is presenting an exclusive highlight video from the presentation of Ms. Kathleen Danenberg, President and CEO of Response Genetics, Inc., (NASDAQ: RGDX), at the Collins Stewart Fourth Annual Growth Conference, held on July 8-10, 2008 at the Mandarin Oriental Hotel in New York City....
Markets made a correction Tuesday, according to local energy industry insiders. Experts have claimed the price of crude oil is much too high, and over the past two days it has headed in the reverse direction. "We had an awful lot of forward trading...
Aegisoft , a premier global provider ofhigh performance securities trading and testing solutions, today announcedthe availability of its newest white paper, " Multi-Symbol Spread Trading ." Aimed atproviding insights into the important role that spread trading has in thefutures marketplace, the paper focuses on spread trading basics, twosymbols to N...
STRASBOURG AFP — Inflation in the 15 countries sharing the euro -- at the "worrying"level of 4.0 percent in June -- risks staying high in the months ahead, ECB President Jean-Claude Trichet warned on Wednesday. "In the wake of renewed sharp commodities price increases, inflation arrived at the...
OWATONNA, Minn. -- Facing unprecedented cost increases in raw materials, Wenger Corporation is notifying customers that prices on all its products will increase by four percent effective July 14. "Our continuous improvement efforts, including lean manufacturing activities, have been highly successful in producing measurable results," says Bill Beer,...
The downturn in the economy reflects a steady rise in prices for commodities including oil, rubber and foodstuffs that has consumers wringing their hands. Meanwhile a recent spike in the prices of nonferrous metals has some economists worried. As of last week, a significant price increase has hit three...
SAN FRANCISCO -- Every Wednesday night, Bruce Johnson dutifully puts his garbage and recycling on the curb for pickup, and every week he fumes as small trucks idle in front of his home and strangers dig through his bins stealing trash they aim to turn into treasure. ...
TOYAKO, Japan AFP — Leaders of the Group of Eight powers warned on Tuesday that soaring oil and food prices pose a "serious challenge" to world economic growth, calling for boosted crude production capacity. "The world economy is now facing uncertainty and downside risks persist," the G8 said...
NEW YORK -- Accenture (NYSE: ACN) has completed its acquisition of ATAN, expanding its automation and industrial information technology IT services capabilities. Terms of the deal were not disclosed. ATAN, a privately held provider of industrial IT and automation solutions based in Belo Horizonte, Brazil, enhances Accenture's global...
RANDGOLD RESOURCES LIMITEDIncorporated in Jersey, Channel IslandsReg. No. 62686LSE Trading Symbol: RRSNasdaq Trading Symbol: GOLDLONG-TERM COMMITMENT TO DEVELOPMENT CAN LEVERAGE COMMODITY BOOM TOCREATE LASTING PROSPERITY IN AFRICAJohannesburg, 7 July 2008 - The current boom in commodity pricespresents African countries with a unique opportunity to build theireconomies and create lasting...
Bio-Extraction Inc. (TSX VENTURE: BXI) ("BioExx") is pleased to announce that it has executed a Purchase and Sale Agreement with Shafer Commodities Inc. based in Vancouver, B.C. to purchase and distribute all of the meal to be produced at the BioExx canola processing facility under construction in Saskatoon, SK. The...
Hunt Gold Corporation (PINKSHEETS: HGLC)confirms that its Board of Directors has been informed that certain"activist" Investment Groups have obtained options to acquire significantamounts of the Company's shares of outstanding Common Stock. To date, theBoard estimates this to represent approximately 20% of the Company'soutstanding Common Stock. The Board has been advised...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/d40df4/living_in_a_materi) has announced the addition of the "Living in a Material World: The Commodity Connection" report to their offering. At a time when the world is grappling with rising food and energy prices and climate change, Living in a Material World provides...
ECONOMIC VIEW We are slowly coming to appreciate that this downturn will have quite different characteristics to previous ones, with the biggest new element being the influence of the "Brics" (Brazil, Russia, India and China). One obvious consequence of their continued growth has been...
Equities took another dive this week, but is the worst now over, asks Rob Griffin It is the question on every investor's lips: is now the time to start buying cut-price equities, which have taken such a hammering - or is it better to seek refuge from...
BRUSSELS AFP — The European Commission on Friday opened an in-depth antitrust probe into mining giant BHP's hostile takeover of rival Rio Tinto over "serious doubts" the deal could stifle competition amid soaring commodities prices. Europe's top antitrust watchdog said it would rule by November 2008 on whether...
Articles 2008-07-04
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