Business Standard reported that TATA Group's holding company,TATA Sons,has pledged shares worth over INR 2,600 crore in three flagship group companies. On December 24th,TATA Sons pledged 11 million shares in TATA Motors,10 million in TATA ...
Tags: TATA Group, TATA Sons, INR
On December 28,Chinese steel producer Hebei Iron and Steel Group announced that the injection of several iron ore and related assets into its listed subsidiary Hebei Iron and Steel Co.will not be completed by December 31,2012 as had been ...
Tags: Hebei Steel Group, iron ore assets, Chinese
The Nasdaq stock exchange in New York is to pay$40m compensation for technical problems that caused confusion on Facebook's first day of share trading. The stock exchange plans to pay$14m to its affected member firms,with the balance to ...
Tags: Nasdaq, compensation, facebook confusion
Google's share price fell after disappointing third quarter financial results were released early by mistake and trading in shares was suspended for two-and-a-half hours. The internet company's quarterly profits fell 20% from a year ...
Tags: Google, share price, fall, Nasdaq
The Australian sharemarket has opened higher with traders focusing on late gains made in the US session rather than the fact leaders there are yet to agree on avoiding the looming fiscal cliff. At 1045 AEDT,the benchmark S&P/ASX200 index ...
Tags: Fiscal Cliff, index rose, Stocks, share price
Swiss bank UBS is planning to take legal action against Nasdaq OMX Group to recoup losses it made related to the Facebook IPO, the company said on Tuesday as it reported its second quarter results. As a result of "the gross mishandling of ...
Tags: UBS, legal action, Nasdaq OMX Group, Facebook IPO
Facebook shares have hit a new low of $19.82 before closing at $20.04 after the social network reported slowing growth and admitted more than 83 million accounts may be fake. The shares have lost nearly half their value since May, when ...
Tags: social network, Facebook, Share Price, Security and Exchange Commission
Facebook has shown Wall Street that it's finally starting to figure out how to make money from its vast array of mobile users. It's third quarter financial report, which showed a significant increase in mobile users and mobile revenue, ...
Tags: Facebook, Wall Street, mobile users, mobile
Molycorp's mould-breaking deal with Neo Material Technologies sent its shares rocketing in New York on Friday. By lunchtime the stock was trading at $30.09, up 15.8%, on volumes already close to triple the daily average. The counter is ...
Tags: China, Finance, Molybdenum, Rare Earth, USA
Strong revenue growth and a production ramp-up failed to give Molycorp a boost on Friday with the stock falling almost 2% by the close. The Colorado company, in the process of restarting full-scale mining and processing at Mountain Pass ...
Tags: China, Rare Earth, USA, Metallurgy
Resource developers, especially in the rare earths space, are suffering from the market's obsession with immediate results, says Byron King, writer and editor for Agora Financial's Outstanding Investmentsand Energy & Scarcity Investor ...
Tags: Metallurgy, Mineral Energy, Rare Earth
Comparisons are useful in evaluating a company, but in the rare earth market, it's not as simple as a spreadsheet. With so many variables in the mix, no two projects are exactly alike, and each has its relative strengths and weaknesses. But ...
Tags: Rare earths, graphite, rare earth market, minerals
Molycorp’s mould-breaking deal with Neo Material Technologies has sent its shares rocketing and the counter is now up 38% so far this year. On Thursday the stock was trading at $33.19, down slightly on the day. Molycorp is still ...
Tags: Molycorp, mining, processing, Mountain Pass, rare earth production
Samsung has lashed out at Apple after losing its high-profile US court battle over patents that led to a $12bn loss in market value for Samsung as investors withdrew support. Samsung's share price fell 7.5% in Seoul, South Korea on Monday ...
Tags: Samsung, Apple, patent trial, share price
Facebook has paid far lower than the announced $1 billion in cash and stock for photo-sharing app Instagram, following a drop in its share price. The social networking company said in its Form 10-Q quarterly report to the U.S. Securities ...
Tags: Facebook, cash, stock, share price