Filed under: Major Movement , Competitive Strategy , Barrick Gold (ABX) , Commodities , Federal Reserve Back in the late 1970s, the Hunt brothers from Texas tried to corner the silver market . That drove prices to $48 an ounce. Now, 31 years later, silver is shooting higher again. The March silver futures contract closed at $32.296 per ounce , up 72 cents. Since gold is expensive, investors are turning to silver to hedge against inflation. Many fear that the Federal Reserve will not be able to control the spike in commodity prices. The Fed is buying $600 billion of treasuries and keeping interest rates near zero. Continue reading Silver Near a 31-Year High Silver Near a 31-Year High originally appeared on BloggingStocks on Sat, 19 Feb 2011 12:50:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments
Tag: directors
Stone Energy Corp. (SGY) Announces 2011 Oil and Gas Capital Budget
Stone Energy Corp. issued the company’s official capital budget for oil and gas operations in 2011. The budget was recently approved by the Board of Directors of Stone Energy. Stone Energy Corp. has allocated $425 million in capital for 2011 oil and gas operations. This amount is flat with the company’s 2010 expenditures.
Desmond Wheatley Appointed to Envision Solar International, Inc. (EVSI.OB) President and COO Positions
Envision Solar International announced today the appointment of Desmond Wheatley as President and COO. Wheatley has been a consultant of Envision since May of 2010. He will be assisting the CEO and Board of Directors in the development of company strategy and leading day to day activity in the company. With two decades of management experience
General Mills Enhances Return – Analyst Blog
The Board of Directors of General Mills Inc. (GIS) announced a new share repurchase program and increase in dividend. Â General Mills received an authorization from its Board to repurchase about 100 million shares. The new program replaces the pre…
Hecla Mining (NYSE:HL) Declares Quarterly Dividend
Hecla Mining Company (NYSE:HL) announced their Board of Directors has declared a regular quarterly dividend for their Series B Cumulative Convertible Preferred Stock.For each share of those shares, the owner will receive $0.875, equivalent to about $138,000.Shareholders of record as of June 15, 2010 will be paid on July 1, 2010. Total shares outstanding of Preferred B Stock is 157,816.Also
Ivanhoe Mines (TSE:IVN) Appoints Oyu Tolgoi Chairman
Ivanhoe Mines (TSE:IVN) (NYSE:IVN) announced today that they’ve appointed a Chairman of the Board of Directors of Oyu Tolgoi, their giant copper-gold project in Mongolia.Mongolian diplomat Galsan Batsukh was nominated for the Chairman position, and is expected to be confirmed in an upcoming confirmation meeting of the first meeting of the board of directors.Ivanhoe has a 66 percent stake in Oyu
Valassis Board of Directors Approves Reinstatement of Stock Repurchase Program
LIVONIA, Mich., May 6 /PRNewswire-FirstCall/ Valassis , one of the nation’s leading media and marketing services companies, announced today that our Board of Directors approved the reinstatement of our stock repurchase program which was previously Valassis Board of Directors Approves Reinstatement of Stock Repurchase Program
Gorman-Rupp Company Declares Cash Dividend
The Board of Directors of The Gorman-Rupp Company declared a quarterly cash dividend of 10.5 cents per share on the common stock of the Company, payable June 10, 2010, to shareholders of record May 14, 2010. This marks the 241st consecutive dividen Gorman-Rupp Company Declares Cash Dividend
Corus Entertainment declares monthly dividend for Class A and B shareholders
TORONTO, April 14 /PRNewswire-FirstCall/ Corus Entertainment Inc. announced today that its Board of Directors has declared monthly dividends of $0.049585 per Class A Share and $0.05 per Class B Share payable on each of May 31, 2010, June 30, 2010 Corus Entertainment declares monthly dividend for Class A and B shareholders
SORIN GROUP Board of Directors Resolves to Permit Due Diligence
Sorin Group, , a global company and a leader in the treatment of cardiovascular diseases, announced today that the Board of Directors has examined the request to conduct due diligence, received on March 22, 2010 from a consortium composed of Ares Li SORIN GROUP Board of Directors Resolves to Permit Due Diligence
Mission West Properties Inc. Declares First Quarter 2010 Dividend Announces 2010 Annual Stockholders Meeting Details and Provides Notification of…
CUPERTINO, Calif., March 24 /PRNewswire-FirstCall/ Mission West Properties, Inc. announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.15 per common share payable on April 8, 2010 to all common stockholder Mission West Properties Inc. Declares First Quarter 2010 Dividend Announces 2010 Annual Stockholders Meeting Details and Provides Notification of Quarterly Conference Call
RALLYE 2009 Annual Results
Regulatory News: The Board of Directors of Rallye , chaired by Jean-Charles NAOURI, met on March 11, 2010 in order to review the accounts for the year ended December 31, 2009. 2009 results Consolidated figures 2008 2 RALLYE 2009 Annual Results
Holzer Holzer & Fistel LLC Announces Investigation into Purchase of RCN Corporation
Holzer Holzer&Fistel, LLC is investigating whether the directors of RCN Corporations complied with their fiduciary duties in approving the proposed buyout of the Company by ABRY Partners. If the transaction is approved, RCN shareholders will recei Holzer Holzer & Fistel LLC Announces Investigation into Purchase of RCN Corporation
