AngloGold CEO Expects Gold To Trade Above $1,700/Oz During 2012
AngloGold Ashanti Ltd. (AU), Africa's largest gold producer, said Monday it expects the precious metal to trade above $1,700 a troy ounce at some point during 2012 while prices will remain volatile.
Vodafone Group Buys Back 5.8 Million Shares
Vodafone Group PLC (VOD.LN) said Monday that it has purchased 5.8 million shares on Aug. 3 at an average price of 188.5495 pence per share.
Volvo Cars CEO a Top Candidate to Run GM's Opel Unit - Report
Stefan Jacoby, the chief executive of Volvo Car Corp., a unit of China's Zhejiang Geely Holding Group Co. (0175.HK ), is a top candidate for the chief executive position at General Motors Co.'s (GM) troubled Opel/Vauxhall unit, Swedish business daily Dagens Industri reports, citing unnamed sources.
BSkyB Buys 175,000 Shares for Cancellation at 737.07P
British Sky Broadcasting Group PLC (BSY.LN) said Monday that it bought 175,000 shares for cancellation at an average price of 737.07 pence.
AstraZeneca Buys Back 431,566 Shares to Cancel/3080P
AstraZeneca PLC (AZN.LN) said Monday it purchased for cancellation 431,566 ordinary shares at a price of 3080 pence per share on Aug. 3.
Europe Stocks Largely Struggle, IBEX Shoots Higher
European stock markets drifted lower in early action Monday, with oil and drug stocks leading the declines, failing to carry over gains from Asian markets.
Crude Edges Lower in Asia After Sharp Gains
Crude-oil futures slipped during Asian trading Monday, paring sharp gains made Friday on the back of better-than-expected U.S. job data.
Reliance Industries to Share Accounts of D6 Block With Federal Auditor - Report
Reliance Industries Ltd. (500325.BY) has agreed to share the financial accounts of its east-coast offshore block with the federal auditor ahead of a meeting of the block's management committee to consider new discoveries, the Economic Times reported Monday, without citing any sources.
PostNL Could Sell TNT Stake if UPS Offer Isn't Unconditional
PostNL NV (PNL.AE) said Monday that it could sell or transfer its stake in TNT Express NV (TNTE.AE) if United Parcel Service Inc. (UPS) hasn't declared its offer for the Dutch package delivery firm unconditional by Sept. 19, but added that it doesn't deem such a sale or transfer opportune at the
AngloGold 2Q Profit Drops
AngloGold Ashanti Ltd. (AU), Africa's largest gold producer, reported a drop in profit for the second quarter on the year, due to higher capital expenditure and a higher tax charge.