South African Gold

Bakken Oil Output Booming

Filed in commodities, o, South African Gold, upgrade by on February 9, 2011 0 Comments
Bakken Oil Output Booming

Filed under: Analyst Reports , Forecasts , Industry , Commodities Believe it or not we have an “oil rush” right here in the United States, in North Dakota and Montana. It is called the Bakken Formation, as reported in IBD . The area is said to contain 4.3 billion barrels of oil. Some estimates go as high as 24 billion barrels. Today North Dakota produces 400,000 barrels per day. With upgrades in infrastructure, production could go to 600,000 to 800,000 barrels per day. Continue reading Bakken Oil Output Booming Bakken Oil Output Booming originally appeared on BloggingStocks on Wed, 09 Feb 2011 15:00:00 EST. Please see our terms for use of feeds . Permalink  |  Email this  |  Comments

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Yahoo! Still Trying to Play Catch Up

Yahoo! Still Trying to Play Catch Up

Filed under: Earnings Reports , Forecasts , Internet , Yahoo! (YHOO) Yahoo is still trying to play catch up. Helped by cost cuts, Yahoo! ( YHOO ) posted late Tuesday fourth quarter income of $312 million, or 24 cents a share, more than double last year’s income of $153 million, or 11 cents a share, according to the Wall Street Journal . Revenue fell 12% to $1.53 billion from $1.73 billion. Net revenue, which excludes commissions paid to partners, fell 4% in the quarter to $1.22 billion from $1.26 billion in the year ago period. Excluding the Microsoft ( MSFT ) impact and certain divestitures, revenue grew by 2% in the quarter. Continue reading Yahoo! Still Trying to Play Catch Up Yahoo! Still Trying to Play Catch Up originally appeared on BloggingStocks on Wed, 26 Jan 2011 10:00:00 EST. Please see our terms for use of feeds . Read  |  Permalink  |  Email this  |  Comments

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Tibco Develops a Social Network for Business

Filed in MGM Resorts, New Gold, o, South African Gold by on January 24, 2011 0 Comments
Tibco Develops a Social Network for Business

Filed under: Industry , Small Business , Technology Tibco Software ( TIBX ) has carried the concept of social networking to business, as reported in Investor’s.com . Tibco’s software, dubbed Tibbr, ties together all the departments in real time. This give management and employees a “heads up” on business activity as it happens. For example, at MGM Resorts ( MGM ), when a big spender walks in the casino, the system immediately alerts the entire staff to treat the customer like he’s a king. Tibco’s chief, Vivek Ranadive, said: “It’s like a nervous system that works in real time and responds in real time.” It allows a company to capture the right information at the right time and act on it preemptively for a competitive advantage. Continue reading Tibco Develops a Social Network for Business Tibco Develops a Social Network for Business originally appeared on BloggingStocks on Mon, 24 Jan 2011 15:00:00 EST. Please see our terms for use of feeds . Permalink  |  Email this  |  Comments

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Schlumberger Sees Increasing Demand, Global Opportunities for Drilling

Filed in ceo, earnings, o, revenue, South African Gold, ubs by on January 24, 2011 0 Comments
Schlumberger Sees Increasing Demand, Global Opportunities for Drilling

Filed under: Earnings Reports , Schlumberger Limited (SLB) , Oil On Friday, oil field giant Schlumberger ( SLB ) posted a 31% profit for the fourth quarter, as reported in the Wall Street Journal (subscription required). Earnings rose to $1.04 billion, or 76 cents per share, from $795 million, or 65 cents per share, a year ago.The acquisition of Smith International contributed revenue of $2.49 billion and earnings of $275 million in the quarter. CEO Andrew Gould said that an increase in global demand should drive growth in deepwater drilling around the world and revive onshore activity. Continue reading Schlumberger Sees Increasing Demand, Global Opportunities for Drilling Schlumberger Sees Increasing Demand, Global Opportunities for Drilling originally appeared on BloggingStocks on Mon, 24 Jan 2011 09:30:00 EST. Please see our terms for use of feeds . Permalink  |  Email this  |  Comments

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Goldman Sachs Profit Falls 52%

Filed in dividend, earnings, Gold, goldman sachs, o, revenue, South African Gold, ubs by on January 19, 2011 0 Comments
Goldman Sachs Profit Falls 52%

Filed under: Earnings Reports , Goldman Sachs Group (GS) Even the big boys have a “bad hair day.” Goldman Sachs ( GS ) fourth-quarter profit fell 52% year over year.The Wall Street Journal (subscription required) reports that Goldman posted a profit of $2.39 billion, down from $4.95 billion a year ago. After preferred dividends, profit fell to $3.79 per share from $8.20 a year ago. Revenue dropped 10% to $8.64 billion. Analysts polled by Thomson Reuters had forecast earnings of $3.76 a share on $9 billion in revenue. Other highlights of the report included: Continue reading Goldman Sachs Profit Falls 52% Goldman Sachs Profit Falls 52% originally appeared on BloggingStocks on Wed, 19 Jan 2011 11:10:00 EST. Please see our terms for use of feeds . Permalink  |  Email this  |  Comments

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Skype to Acquire Qik with Mobile Streaming Video

Filed in Apple, lead, New Gold, o, public-offering, South African Gold, Spot Gold by on January 7, 2011 0 Comments
Skype to Acquire Qik with Mobile Streaming Video

Filed under: Deals , Competitive Strategy , Apple Inc (AAPL) , Sony Corp ADR (SNE) , Smartphones , Initial Public Offerings The market for streaming video calling is exploding. An estimated 13.2 million people worldwide will make video calls this year, up 400% from last year. By 2015, it is estimated that 155.1 million calls will use streaming videos. Skype is a leader in low-cost phone calls. Calls to other people who have Skype are usually free. Now Skype is offering video calling for as low as $8.99 per month, with up to 10 people on the same call. Skype accounts for 25% of international calling traffic, up from 13% in 2009. Continue reading Skype to Acquire Qik with Mobile Streaming Video Skype to Acquire Qik with Mobile Streaming Video originally appeared on BloggingStocks on Fri, 07 Jan 2011 13:30:00 EST. Please see our terms for use of feeds . Permalink  |  Email this  |  Comments

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Zynga Buys Social Network Browser Flock

Filed in o, South African Gold by on January 6, 2011 0 Comments
Zynga Buys Social Network Browser Flock

Filed under: Deals , Products and Services , Industry , Internet , Competitive Strategy , Technology Zynga’s unusual twist to gaming has caught the imagination of players around the world and spurred them to play Zynga games. Zynga now has a quarter million users. Zynga is a worldwide gaming site. Their games offer a different “take.” Unlike standard games that move from beginning to finish, Zynga’s games require an “energy” characteristic to play. Engaging in “Mission” is a core feature of many games which consumes a certain amount of energy. After expending energy, it slowly replenishes the character’s maximum limit. This can take minutes or several hours. In the meantime, players can obtain game credits that allow them to replenish their character’s energy or receive premium currency that could be exchanged for other various virtual goods. ( Wikipedia) Continue reading Zynga Buys Social Network Browser Flock Zynga Buys Social Network Browser Flock originally appeared on BloggingStocks on Thu, 06 Jan 2011 15:30:00 EST. Please see our terms for use of feeds . Read  |  Permalink  |  Email this  |  Comments

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Microsoft to Feature New Chips With Next Windows

Filed in Apple, ipad, lead, New Gold, o, South African Gold by on January 6, 2011 0 Comments
Microsoft to Feature New Chips With Next Windows

Filed under: Google (GOOG) , Microsoft (MSFT) , Apple Inc (AAPL) , Intel (INTC) , Advanced Micro Dev (AMD) , QUALCOMM Inc (QCOM) , Texas Instruments (TXN) , Technology For years Microsoft ( MSFT ) was the tech leader. Then, Google ( GOOG ) came along and Microsoft missed the entire search engine revolution. But Microsoft still dominated in software. Then came Apple ( AAPL ) with its iPod, iPhone, and iPad. Again, Microsoft missed the small device revolution. The Wall Street Journal reports that now Microsoft is playing catch-up again. With its next operating system it will use low-powered chips similar to those Apple uses. Continue reading Microsoft to Feature New Chips With Next Windows Microsoft to Feature New Chips With Next Windows originally appeared on BloggingStocks on Thu, 06 Jan 2011 11:20:00 EST. Please see our terms for use of feeds . Read  |  Permalink  |  Email this  |  Comments

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Should We Be Wary of Tech Stocks?

Filed in lead, New Gold, o, South African Gold, Spot Gold by on January 6, 2011 0 Comments
Should We Be Wary of Tech Stocks?

Filed under: Forecasts , Internet , Indices , Technical Analysis , Smartphones , Technology The past year was spectacular for tech stocks. But this is a new year. Are we going to see the same dynamics? The same gains? Those are the questions analysts are pondering. First off we have the technicians. They use indexes, charts, graphs and other technical tools to make their calls on the market. One favorite index is the Philadelphia Semiconductor Index, dubbed SOX. It often is a leading indicator for where tech stocks are headed. For the past month, the index has stayed near the 420 level. That has become the overhead resistance point. Technicians argue that the 420 to 422 level must be breached and the market hold above that level for the rally to continue. Otherwise we could see a pull back. Continue reading Should We Be Wary of Tech Stocks? Should We Be Wary of Tech Stocks? originally appeared on BloggingStocks on Thu, 06 Jan 2011 10:20:00 EST. Please see our terms for use of feeds . Read  |  Permalink  |  Email this  |  Comments

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Strong December Auto Sales Raise Hopes for 2011

Filed in General Motors, o, South African Gold, Spot Gold by on January 5, 2011 0 Comments
Strong December Auto Sales Raise Hopes for 2011

Filed under: Industry , Ford Motor (F) , General Motors (GM) , Toyota Motor Corp. (TM) , Economic Data , Nissan Motors (NSANY) December is traditionally a slow month for auto sales. Most people are caught up with holiday shopping and tend to put off large purchases. This year was different. December auto sales were higher for most makers, Toyota being the exception. Here are the numbers by company, as reported by CNNMoney : Continue reading Strong December Auto Sales Raise Hopes for 2011 Strong December Auto Sales Raise Hopes for 2011 originally appeared on BloggingStocks on Wed, 05 Jan 2011 10:20:00 EST. Please see our terms for use of feeds . Permalink  |  Email this  |  Comments

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Rubber Jumps to Record High

Filed in commodities, copper, jp morgan, New Gold, o, South African Gold by on January 4, 2011 0 Comments
Rubber Jumps to Record High

Filed under: Major Movement , International Markets , Forecasts , Industry , Goodyear Tire and Rubber (GT) , Commodities , Agriculture Last week copper set record highs. JP Morgan Chase (JPM) is sitting on $1 billion of copper. Today, the story is rubber. Rubber jumped to a record high of $5.05 per kg, according to the Financial Times. Rubber is used in tires, condoms and gloves. The price has jumped 25% in two months. Bridgestone (BRDCY ) Michelin ( MGDDY ) Goodyear ( GT ) and Continental have raised tire prices three times in 2010. Continue reading Rubber Jumps to Record High Rubber Jumps to Record High originally appeared on BloggingStocks on Tue, 04 Jan 2011 14:00:00 EST. Please see our terms for use of feeds . Read  |  Permalink  |  Email this  |  Comments

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Dollar General Plans to Open 625 New Stores, Hire 6,000 Employees

Filed in earnings, Guidance, New Gold, o, recession, South African Gold, wal-mart by on January 4, 2011 0 Comments
Dollar General Plans to Open 625 New Stores, Hire 6,000 Employees

Filed under: Earnings Reports , Forecasts , Good news , Employees , Recession The country is still mired in a long recession. Many businesses are closing their doors. Others are cutting back, laying off employees and reducing production. But with every crisis there is opportunity. Such is the case for Dollar General ( DG ). In a time of high unemployment and low wages, consumers are counting every penny. Dollar General stores offer deep discounts, even beating discounters like Walmart ( WMT ). In the most recent quarter, Dollar General’s income rose by 69%. The company also raised its full-year guidance by 10% to $3.22 billion. Continue reading Dollar General Plans to Open 625 New Stores, Hire 6,000 Employees Dollar General Plans to Open 625 New Stores, Hire 6,000 Employees originally appeared on BloggingStocks on Tue, 04 Jan 2011 10:20:00 EST. Please see our terms for use of feeds . Read  |  Permalink  |  Email this  |  Comments

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