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Virgin America reports loss for 3 quarters of `08 SAN FRANCISCO (AP) - Virgin america said Monday it lost $175.4 million in the first three quarters of last year, as the fledgling airline was plagued with startup costs and rapidly accelerating fuel prices. AOLOil falls near $40 Oil prices fell Monday as investors remained concerned about a deepening recession and its impact on global demand for energy. CNN MoneyHudBay / Lundin Deal Remains in Doubt FP Trading Desk submits: While Lundin Mining Corp. (LMC) shareholders overwhelmingly approved the proposed takeover by HudBay Minerals Inc. (HBMFF.PK), the deal remains in doubt as an Ontario Securities Commission ruling requires HudBay shareholders vote on the merger as well. This has yet to be scheduled.Many expect them to reject the tie-up, including Canaccord Adams analyst Gary Lampard. He upgraded HudBay to “buy” from “hold” and raised his price target to C$6.25 per share from C$4.75 as a result. The stock is trading around C$5, after surging since the OSC decision was announced.Complete Story » Seeking AlphaA Fresh Look at the Gold / Silver Ratio How has the Gold Silver Ratio ((GSR)) been doing recently and how does this stand up against the price action of gold and silver over the past years? I don’t personally use this ratio to trade in and out of silver. Some people swear by it as a useful tool to swap between silver and gold when one becomes undervalued relative to the other. Where I come from in Britain, with the high sales tax and spreads on silver such a pursuit is not very profitable, but I know it is for others.Complete Story » Seeking AlphaOil retreats with weak economy Oil prices fell Monday as investors remained concerned about a deepening recession and its impact on global demand for energy. CNN MoneyDLF may cut home prices by 20% DLF, India's biggest developer, plans to cut prices of homes by 20% to help lift demand in a slowing economy. The Times Of IndiaDaily Classical: Late Monday Price Action Encouraging for Equities Euro Stalls Shows Signs of Life After Morning Dip. Dollar/Yen Still Confined to Sideways Chop. British Pound Puts in Bearish Reversal Day. Dollar/Swiss... DailyFXOil & Gas - Colombia, Venezuela - Shell: No plans to delay projects despite crisis Multinational oil company Shell (NYSE: RDS-B) is not expecting to delay its ongoing activities in Colombia because of the current low-price environment, Shell E&P Americas VP of new business developme... BN AmericasObama Urges Lawmakers to Overcome `Differences` on Stimulus Package President Obama today urged lawmakers not to let 'very modest differences' block rapid passage of a major economic stimulus package, but the Senate's GOP leader said most Republicans support a 'dramatically different' proposal with a much lower price tag. The Washington PostOil retreats below $41 NEW YORK (CNNMoney.com) -- Oil prices fell Monday as investors remained concerned about a deepening recession and its impact on global demand for energy. Light sweet crude for March delivery was down ... bignewsnetwork.com1 2 3 4 5 |
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