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Former AOL CEO Jonathan Miller is trying to raise money to purchase a portion or all of Yahoo. He has been talking with private-equity firms and sovereign wealth funds.

The yen rose to a five-week high against the dollar and hit a thirteen-year peak against the pound on Tuesday as weakness on global equity markets boosted demand for the low-yielding Japanese currency.

Taking a cue from plunging global equity markets, the London Metal Exchange (LME) this morning is again weaker with multi-year lows posted for copper and aluminum. Nickel was trading at levels last seen in July 2003. A stronger dollar also not helping metals prices (it's at a two-year high).We&rsq.

Adam Katz submits:For the past few weeks, I have spent a lot of time thinking about the valuation of gold. I have been struggling to figure out a metric for calculating how much demand the price of gold is discounting. Before I get into the details of this fairly simplistic approach, let me first explain this method in relation to equities. When valuing an equity, it is fairly easy to see the relative demand for the security based on how much someone is willing to pay today for the security, relative to known earnings. Of course I am talking about the P/E ratio. While I see strategies of targeting purchases based on P/E ratios as being of little value, the underlying idea remains true. That is that a low P/E stock relative to comparable companies is cheap, while a high P/E is expensive. There is one discrepancy to clear up and that is that by using historical earnings, new information may distort P/Es. For example, a company reports earnings of $1 per share and then a few weeks later l

Ye gads, it's all about global financial volatility; some would say “mayhem,” as concerns over world economic growth mount--thereby further depressing confidence and sentiment as this great deleveraging continues. (Editor's note: As explained in a Reuters news story, delevera.

Goldman Sachs Group Inc is likely to report a net loss of as much as $2 billion for the fourth quarter, the Wall Street Journal said, citing industry insiders. The quarterly loss, equivalent to about $5 a share, will be Goldman's first ever as a public company, as it faces writedowns on everything from private equity to commercial real estate, the paper said....

USD edged lower on U.S. bank stake rumor, with speculation that USD 150 bln will be invested in 52 banks by the U.S. Treasury. U.S. equity market futures...

The telecom industry is not immune from the equity market collapse. We discuss Qualcomm, China Mobile, Amdocs, Chunghwa, Embarq, CenturyTel and US Cellular.

A PRIVATE equity trust run by Standard Life is bracing itself for a fall in valuations as a result of the tough economic conditions.

The US Dollar and the Yen rose on Monday, benefiting from safe-haven flows after weak economic data heightened fears about a deep economic slowdown around the world. The Yen was broadly higher, reaching a one-month high versus the Dollar as plunging equity prices prompted investors to reverse risky trades. The Yen performed best against currencies of countries where central banks are expected to...