Gold Prices Reach New High Above $1,300 an Ounce

Gold continued its record-breaking climb, reaching a new high of $1,300 an ounce.

Futures for December hit $1,301.30, before slipping to $1,299.40 an ounce on Globex.

Sponsored Links

“Diversification and physical demand will continue to provide upside momentum,” said James Moore, an analyst at TheBullionDesk.com, in a research note.

Gold surged earlier in the week after Federal Reserve Chairman…

Continue reading Gold Prices Reach New High Above $1,300 an Ounce

Gold Prices Reach New High Above $1,300 an Ounce originally appeared on DailyFinance on Fri, 24 Sep 2010 07:13:00.

Filed Under: , ,

Starbucks Customers to Pay More for Complicated Drinks

Be prepared to pay more for your venti-sized extra-hot half-caff soy caramel macchiato at Starbucks starting soon. As the price of green Arabica coffee greens skyrockets, the company says it will raise prices for some of its mo…

General Mills Reports Quarterly EPS of 64 Cents

General Mills (GIS) reported adjusted diluted earnings for the quarter of 64 cents per share, matching the results form a year earlier.

Net sales grew 1% to $3.53 billion in the first fiscal quarter ended Aug. 29, the company said in a statement. The cost of goods sold included a $72 million increase in mark-to-market value of commodity positions.

Sponsored Links

General Mills makes foods such…

Continue reading General Mills Reports Quarterly EPS of 64 Cents

General Mills Reports Quarterly EPS of 64 Cents originally appeared on DailyFinance on Wed, 22 Sep 2010 07:55:00.

Filed Under: , , ,

Get Ready to Pay More for Tires

Goodyear tires

Tires are getting more expensive across the world.

Goodyear Tire & Rubber Co. (GTR) and Cooper Tire & Rubber Co., (CTB) the two largest U.S. tiremakers, plan to raise prices by as much as 6.5% starting October, according to Bloomberg News. In Europe, Bridgestone (BRDCY) is upping its prices by about 6%.

Sponsored Links

Tires are costing more as global demand for cars races ahead of world…

Continue reading Get Ready to Pay More for Tires

Get Ready to Pay More for Tires originally appeared on DailyFinance on Tue, 21 Sep 2010 09:22:00.

Filed Under: , , , , ,