UPDATE 1-Zale Corp CFO leaves jewelry chain
LOS ANGELES, Jan 20 (Reuters) – Zale Corp (ZLC.N) said on Tuesday that Chief Financial Officer Rodney Carter has left the jewelry store chain, effective immediately.
The company, which did not give a reason for Carter’s departure, said Cindy Gordon has assumed the role of interim CFO while a replacement is sought.
A company [...]
New camera installed where Madoff lives-lawyer
NEW YORK, Jan 22 (Reuters) – At least one new camera has been installed in accused swindler Bernard Madoff’s luxury Manhattan apartment building in compliance with a court order, his attorney said on Thursday.
Attorney Ira Lee Sorkin said the camera had been installed since Madoff’s most recent court appearance last Wednesday “pursuant to [...]
Gold slips СЕКРЕТУТКА percent as dollar firms versus the euro
By Jan Harvey
LONDON (Reuters) – Gold eased ОФИС-МЕНЕДЖЕР percent on Thursday as the precious metal struggled to maintain its recent gains in the face of a firmer dollar versus the euro, with an early bounce in European stock markets also pressuring prices.
Spot gold was quoted at $848.80/850.80 an ounce at 1408 GMT (9:08 a.m. EST), [...]
New camera installed where Madoff lives: lawyer
NEW YORK (Reuters) – At least one new camera has been installed in accused swindler Bernard Madoff’s luxury Manhattan apartment building in compliance with a court order, his attorney said on Thursday.
Attorney Ira Lee Sorkin said the camera had been installed since Madoff’s most recent court appearance last Wednesday “pursuant to the judge’s directive” aimed [...]
Gold slips from 2-week high
By Lewa Pardomuan
SINGAPORE (Reuters) – Gold fell on profit taking on Wednesday after rising to its strongest in nearly two weeks the previous day, but record holdings on the ETF suggested investors’ interest in the metal remained high, stoked by a worsening financial crisis.
The world’s largest gold-backed exchange-traded fund, the SPDR Gold Trust, said it [...]
Gold up 2 percent on safe-haven buying amid bank woes
By Frank Tang and Jan Harvey
NEW YORK/LONDON (Reuters) – Gold prices climbed more than 2 percent on Tuesday, rising above $865 an ounce, amid market talk of a large order, with firm investment demand for gold as a haven from risk fueling buying.
“It looks like they are waking up to the situation of the banking [...]
UPDATE 1-Zale Corp CFO leaves jewelry chain
LOS ANGELES, Jan 20 (Reuters) – Zale Corp (ZLC.N) said on Tuesday that Chief Financial Officer Rodney Carter has left the jewelry store chain, effective immediately.
The company, which did not give a reason for Carter’s departure, said Cindy Gordon has assumed the role of interim CFO while a replacement is sought.
A company [...]
Global stocks sink as grim outlook awaits Obama
By Herbert Lash
NEW YORK (Reuters) – Mounting fears about banks and the global economy pushed stocks sharply lower around the world on Tuesday, giving newly elected U.S. President Barack Obama a grim reminder of the difficulties his administration faces.
U.S. and euro zone government bonds fell over worries about the increased supply that will be needed [...]
PRESS DIGEST – Wall Street Journal – Jan 20
Jan 20 (Reuters) – The following were the top stories in The Wall Street Journal on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy.
* Americans poured into the nation’s capital to celebrate the inauguration of the first black president. But with the U.S. in its worst economic [...]
Gold hits 1-week high, eases on firmer dollar
By Anna Stablum
LONDON (Reuters) – Gold rose to its highest in a week on Monday before trimming gains as the dollar strengthened against the euro and oil prices eased, analysts said.
“It is mostly a story about the U.S. dollar, equity markets and inflation at the moment,” analyst Eugen Weinberg at Commerzbank said.
Gold had little incentive [...]