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Italy: Too Big To Save Without ECB About-Face
Salvation may hinge on central bank's willingness to stand as lender of last resort.
![Steve Schaefer](https://webarchive.library.unt.edu/web/20111109200309im_/http://blogs-images.forbes.com/assets/images/avatars/sschaefer_62.jpg)
Salvation may hinge on central bank's willingness to stand as lender of last resort.
Large U.S. companies aren't immune to Europe's sovereign debt crisis, as large companies like Coca Cola, GE, and Philip Morris still derive more than 20% of their revenues from Europe, the Middle East, and Africa. read »
These Russell 1000 companies draw more than a third of their revenue from China
(Kitco News) - Comex December gold futures prices ended the U.S. day session modestly lower Wednesday. It was a “risk-off” day in the market place Wednesday as European and U.S. stock markets sold off sharply amid an escalation in the European Union sovereign debt crisis. Despite being a safe-haven asset, the gold market felt selling pressure from a sharply higher U.S. dollar index and generally weaker commodity sector Wednesday. Some profit-taking pressure from recent solid price gains[...] read »
(Kitco News) - Financial and commodity markets are so squarely focused on Europe’s sovereign debt problems that they have largely ignored news that came out Tuesday regarding Iran’s nuclear program. read »
(Kitco News) - Pan American Silver Corp. (Nasdaq: PAAS; TSX: PAA) officials said Wednesday that they anticipate work on a feasibility study for its major Navidad project in Argentina will be completed by the end of the year. read »
Mesa Laboratories Incorporated (MLAB) announced its quarterly dividend of 13 cents per share, an [...]
The Kindle Fire could be the iPad’s first serious contender in the tablet market, a recent survey published by RBC Capital Market suggests. Pre-launch demand for Amazon's tablet exceeds pre-launch buying intentions for Apple’s iPad back in February 2010, the survey showed, indicating that if the Kindle Fire keeps the “buzz” going with favorable user reviews and reactions, it could become a heavy hitter in the exponentially growing tablet market. read »
Google Apps, Google’s very own arsenal of application software, can make it big on a large-scale. The search giant has recently signed a deal to provide its e-mail and cloud-based software to General Motors’ 100,000 employees. read »
Hotel and travel bookings website Priceline.com has experienced a choppy year. The company has achieved the enviable position of the number-two travel booking site in the world after Expedia, focusing primarily on hotel bookings which contribute to 90% of the stock price according to our analysis and is starting to expand aggressively abroad. read »