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Telus and Rogers' Price Targets on Spectrum Auction News

FP Trading Desk submits: Rogers Communications Inc. (RCI) and Telus Corp. (TU) had their price targets cut and received short-term “sell” ratings from UBS analyst Jeffrey Fan due to the negative impact the wireless spectrum auction may have on their share prices. Both have seen sharp share price declines see the auction process began, but an attractive buying opportunity could...

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T. Rowe Price Group shares rise on 1Q earnings growth (AP)

Price Group shares rise on 1Q earnings growth Thursday April 24, 7:58 pm ET Shares of T.Price Group skyrocket on 1st-qtr earnings growth, strong cash inflows NEW YORK (AP) Shares of T.Price Group Inc.Thursday after the investment manager said its first-quarter earnings jumped 6 percent even as the stock market struggled.Rowe Price shares rose $6.11.To $60.Shares have traded...

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Polyester Prices Supported by Higher PTA Prices (Weekly Report)

Polyester prices remained relatively unchanged in the past week with staple fibers staying at the same level and filament prices slightly declining. A series of filament weaving facilities have been shut down in China, with inventories being sold at very low prices. Fiber production is further slowing down in addition as polyester producers may find it difficult to continue raising...

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Pensioners concerned by rising food prices

Sweden's pensioners have noticed a marked increase in the price of food over the last year, a new study has shown.

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Southeast Asia: Impact of high oil prices

Filipino journalist Iris Cecilia Gonzales tackles the impact of higher oil prices in the Philippines, Laos and Cambodia.

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Can Prayer Lower Gas Prices? These People Think So

Can Prayer Lower Gas Prices? These People Think So | Consumerist

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WHEN PRICE IS THAT DISCONNECTED FROM SUPPLY AND DEMAND...:

Oil prices drop $9 over two days (Clifford Krauss, July 8, 2008, IHT) Oil prices plunged for the second consecutive day on Tuesday, dropping $5.33 a barrel, to $136.04, and causing a sell-off of oil stocks. Oil analysts said the immediate reasons for the sudden drop in price included the strengthening of the dollar in recent days and the apparent veering northward...

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Tata Nano's Prices May Increase from Material Costs

The Nano, Tata's stupendously cheap micro-car, could have its price raised due to the increase in materials cost. The manufacturer has apparently even asked suppliers to help shoulder the weight, asking them to reduce prices paid per item when quantities rise. Although Tata declined to comment, it seems that volume purchasing has helped mitigate the increasing costs some. The price...

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B&B Drops Further Below Rights-Issue Price

Shares in Bradford & Bingley fell further below the price at which investors had been asked to buy into a $790 million, rights issue, as analysts continued to slash share-price targets on the U.K. mortgage lender.

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Tata struggling to keep a $2,500 price tag for Nano

Tata made noise in January when it unveiled the Nano and said that it plans to sell the car for a wholesale price of $2,500 per unit. However with the price of steel up by 50 percent, Tata Motors is...

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Oil and Commodity Prices

After all the recent discussion of oil inventories and other arguments about the price of oil I thought I would throw another set of data and thoughts on the subject. This chart compares the price of oil to the CRB Index of industrial commodity prices -- an index of 13 major commodities that does not include any energy or food commodities. Both oil and the CRB are monthly average...

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Unions protest over prices, Mbeki policies

Thousands of unionised South African workers downed tools on Wednesday to protest against a sharp jump in food and fuel prices.

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Government house price index shows continued growth

The Department for Communities and Local Government (DCLG) has published its latest house price index which puts annual house price inflation at 4.9% in April. House prices actually rose by 0.7% during the month and the figure compares with annual inflation rates of 5.2% in March and 12.3% in July 2007, the point at which [...]

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Price for Central Asian Gas to Double

From next year, Gazprom will buy its gas from Central Asia at double today's rates, following the trend of high prices in Europe, CEO Alexei Miller said in a televised meeting with Prime Minister Vladimir Putin on Tuesday.

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Oil Prices Plunge for Second Day

Analysts said that it was too soon to predict an outright collapse in prices, and some were puzzled by the drop.