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Gold faces more pressure as inflation stays tame

Gold faces more pressure as inflation stays tame

Gold prices are looking even more vulnerable after April's price crash, as rampant inflation expected from successive rounds of monetary easing fails to materialise.
Jan Harvey, Reuters
Posted on 5-24-2013 at 8:54 AM
U.S. durable goods orders rise, point to factory resilience

U.S. durable goods orders rise, point to factory resilience

Orders for long-lasting manufactured goods rose more than expected in April, a sign of resilience in the factory sector despite belt-tightening in Washington and weakness in overseas...
Reuters
Posted on 5-24-2013 at 8:48 AM
John Zechner, Chairman, J. Zechner Associates play

Manitoba Tel to sell Allstream to Egyptian billionaire

Manitoba Telecom Services Inc. has struck a deal to sell its Allstream division to an investment firm controlled by Egyptian billionaire Naguib Sawiris.
Bertrand Marotte, The Globe and Mail
Posted on 5-24-2013 at 10:00 AM
Dirk Lever, CA Managing Director, AltaCorp Capitalplay

Oil sands deals lose traction

At least a half dozen energy companies have come up dry in efforts to attract the rich bids they envisaged when they put oil sands assets on the auction block in the past year, showing...
Jefferey Jones, Reuters
Posted on 5-24-2013 at 8:19 AM
Academics back BP's fight to cap oil spill payouts

Academics back BP's fight to cap oil spill payouts

A group of accountancy professors is backing BP's fight to cap the U.S. oil spill compensation payouts it has to fund as the cash outflow threatens to add billions of dollars to its bill...
Andrew Callus, Reuters
Posted on 5-24-2013 at 8:11 AM
Stephanie Wissink, Senior Research Analyst, Piper Jaffrayplay

Abercrombie & Fitch same-store sales fall 15%

Abercrombie & Fitch Co on Friday reported a steeper-than-expected drop in quarterly comparable sales, in part because of inventory shortages, and the teen clothing retailer's shares...
Reuters
Posted on 5-24-2013 at 8:07 AM
German economy to pick up but fall short of traditional pace

German economy to pick up but fall short of traditional pace

Germany's economy will recover from a bout of winter weakness but fall well short of the dynamic growth rates of previous years as euro zone recession and global slowdown stunt exports and...
Sarah Marsh, Reuters
Posted on 5-24-2013 at 8:01 AM
Nikkei plunge poses first serious test for Abenomics

Nikkei plunge poses first serious test for Abenomics

This week's turbulence in Tokyo markets exposes a key risk of Prime Minister Shinzo Abe's all-in strategy to revive Japan's economy - if investor confidence falters, the government and...
William Mallard, Reuters
Posted on 5-24-2013 at 8:00 AM
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