Comments on: LVMH Profit from Jewelry Sales Plunge 47% in 2009

By: ABC News

ABC News — Mon, 08 Feb 2010 20:39:53 +0000

LONDON (Reuters) – Mining group Xstrata reinstated dividends on Monday citing an encouraging outlook for commodities demand in the medium term after posting an expected 41 percent fall in 2009 profit on weaker metals prices. ‘Robust economic growth and

By: BusinessWeek

BusinessWeek — Mon, 08 Feb 2010 19:49:51 +0000

Feb. 8 (Bloomberg) — Xstrata Plc, the largest exporter of coal used for power, rose the most in more than two months in London trading as earnings exceeded analyst estimates. The stock gained as much as 5.8 percent, the biggest jump since Dec. 1, after

By: CommodityOnline

CommodityOnline — Mon, 08 Feb 2010 19:33:36 +0000

Sovereign debt fears rules the markets. The early February rally was brutally halted as renewed dollar strength and growing strains in sovereign debt markets weighed on sentiment and prices. On Thursday Portuguese and Spanish stocks suffered their

By: CommodityOnline

CommodityOnline — Mon, 08 Feb 2010 19:32:09 +0000

Commodity prices slump on dollar strength Prices of international commodities slumped sharply in the last week as strength in the US dollar put pressure on prices. A stronger dollar makes dollar denominated commodities look expensive and unattractive for

By: CommodityOnline

CommodityOnline — Mon, 08 Feb 2010 19:25:37 +0000

Last week, Gold prices opened the week at 16292 initially moved sharply higher, breaking both the resistances, but finally found strong resistance at 16815 levels. Later prices fell sharply lower, breaking both the supports, made a low of 15963 and

By: CommodityOnline

CommodityOnline — Mon, 08 Feb 2010 18:49:50 +0000

Last week, Silver prices opened the week at 25560 initially moved sharply higher, but found strong resistance at 26340 levels. Later prices fell sharply lower breaking both the supports, made a low of 23610 and finally ended the week with a huge loss of

By: CommodityOnline

CommodityOnline — Mon, 08 Feb 2010 18:05:28 +0000

Last week, Copper prices opened the week at 310.50 initially moved higher and as expected found strong resistance at 319.45 levels. Later prices fell sharply lower breaking both the supports, made a low of 290.90 and finally ended the week with a loss of

By: CommodityOnline

CommodityOnline — Mon, 08 Feb 2010 18:04:44 +0000

A strengthening U.S. dollar weighed heavily on commodities prices last week. There also was another bout of rising concern over demand prospects for commodities. Short-term oriented selling helped push many commodities prices lower. Gold, silver, and oil

By: CommodityOnline

CommodityOnline — Mon, 08 Feb 2010 17:52:00 +0000

Gold prices are expected to be vulnerable this week and a price decline toward $1,020 or even $1,000 is possible. Gold managed to hold up above support at $1,050 late last week, but this level may not hold this week given the recent short-term focused

By: Proactive Investors.co.uk

Proactive Investors.co.uk — Mon, 08 Feb 2010 17:10:01 +0000

In the FTSE 100, gold miner Randgold Resources (LSE: RRS) said 2009 profits increased from US$47 million for the previous year to US$84.3 million as Q4 profit soared 185% year on year to US$38.7 million. Miner Xstrata (LSE: XTA) also reported on its full