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updated: Sun Jul 20, 2008 01:05 am

US Global Investors News

News on US Global Investors continually updated from thousands of sources around the net.

1 hr ago | Russia Blog

Reuters: Russian Companies Now Own 10% of U.S Steel Industry

The July/August issue of Foreign Policy points out that Russian firms now own 10% of the U.S. steelmaking market.

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Related Topix: Detroit Metro, Dearborn, MI, Financial Services, Investment Services

Thu Jul 17, 2008

Medical News Today

Genetic Variation Raises HIV Risk In People Of African Descent

Main Category: HIV / AIDS Also Included In: Genetics Article Date: 17 Jul 2008 - 2:00 PDT A genetic variation that may have protected people of African descent against a pandemic of malaria long ago now appears ...

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Related Topix: Epidemic, Natural Disasters, University College (University of Maryland System), University of Maryland System, Financial Services, Investment Services, Genetics, Biology, Science

Wed Jul 16, 2008

Reuters

Cleveland-Cliffs to buy Alpha Natural for $8.3 bln

Iron ore pellet maker Cleveland-Cliffs Inc on Wednesday said it agreed to acquire coal miner Alpha Natural Resources Inc for about $8.3 billion, expanding its coal assets and positioning itself to capitalize on ...

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Related Topix: Cleveland Cliffs, Mining, Metals, Financial Services, Investment Services

Mon Jul 14, 2008

Forbes.com

Banking On Demand Destruction

How can you make good news out of bad news? The answer is demand destruction. With regard to record prices for a barrel of crude and a gallon of gas, demand destruction refers to drivers not driving, planes not ...

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Related Topix: Financial Markets, Financial Services, Investment Services, Home, Mortgage, Personal Finance

Sun Jul 13, 2008

The Toronto Star

Buying and trading gold

Nick Barisheff, president of Bullion Management Group in Toronto, predicted gold could trade as high as $1,100 an ounce.

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Related Topix: Financial Markets, Financial Services, Investment Services

Fri Jul 11, 2008

San Antonio Business Journal

CNBC Inc.

CNBC Inc. ranked Texas as the best all-around state economy and the No. 1 state to do business in America in 2008.

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Related Topix: Texas, Financial Services, Investment Services, US Travel, Travel, Wachovia Corporation, Banking

Wed Jul 09, 2008

MarketWatch

The Stockpickers: Fund manager banks on Brazilian infrastructure plays

Brazil is overhauling its infrastructure with fixes for aging roadways, coastal ports and power plants among many tasks, and fund manager Jack Dzierwa views these projects in Latin America's largest economy as ...

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Related Topix: Financial Services, Investment Services

Tue Jul 08, 2008

MarketWatch

Have commodities peaked? Two-day sell-off spurs talk of a top

After rallying to new stratospheric levels through last week, the price of crude oil and of other commodities prices has been sliding rapidly over the past two sessions, raising the question: Have commodities ...

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Related Topix: Financial Services, Investment Services

Bloomberg

Commodities Decline on Speculation Weaker Global Economy Will Erode Demand

Commodities tumbled for a third day, led by crude oil and corn, on escalating concern that the sagging global economy will erode demand for raw materials.

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Related Topix: Weather, Agriculture, Science, Evanston, IL, Financial Services, Investment Services

Mon Jul 07, 2008

Forbes

Golden Opportunity In Fed's Pickle

Higher rates will hammer the economy into deep recession, but Federal Reserve Chairman Ben Bernanke finds himself between a rock and a hard place there.

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Related Topix: Ben Bernanke, Housing, Financial Markets, Financial Services, Investment Services

Sun Jul 06, 2008

Cleveland.com

Angelina Jolie baby watch enters Day 2; Shannen Doherty might be...

Angelina Jolie and Brad Pitt may be getting their bundles of joy soon, if they haven't already.

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Related Topix: Financial Services, Investment Services, Brad Pitt, New York, Entertainment

Fri Jul 04, 2008

Investor's Business Daily

A Steep Dive In Coal Batters Highflying ETF

White-hot coal stocks melted down last week when European spot prices for thermal coal, used to make electricity, plunged overnight, taking its biggest one-day hit in three years.

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Related Topix: Financial Markets, Mining, Massey Energy, Financial Services, Investment Services, Opinion

Wed Jul 02, 2008

Houston Chronicle

Kuff's World: Governor White?

The Statesman's Gardner Selby writes about the future prospects for Houston Mayor Bill White.

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Related Topix: Financial Services, Investment Services, Houston Metro, San Antonio, TX

Bloomberg Business News

Lehman Drops to Eight-Year Low on Speculation It Will Be Sold Below Market

Lehman Brothers Holdings Inc. fell as much as 11 percent to an eight-year low on speculation the fourth-biggest U.S. securities firm may be sold for less than its market value, traders said.

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Related Topix: Investment Banking, Financial Services, Investment Services, Financial Markets, Lehman Brothers Holdings, Mortgage, Personal Finance

Tue Jul 01, 2008

CJR Daily

Opening Bell: A Swiss Miss

The Justice Department asked a federal court to force UBS to reveal its American clients who used it to evade their taxes, The Wall Street Journal says on page one and The New York Times on C3 .

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Related Topix: Watches, Financial Services, Investment Services

MarketWatch

Futures Movers: Crude futures rise above $143 on dollar weakness, output concerns

Crude-oil futures climbed past $143 per barrel Tuesday, as weakness in the U.S. dollar underpinned demand for energy and global production concerns continued.

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Related Topix: Financial Services, Investment Services, Banking

Baltimore Sun

Lehman hits 8-year low on talk of sale

Lehman Brothers Holdings Inc. fell to an eight-year low yesterday on speculation the fourth-biggest U.S. securities firm could be sold for less than its market value, traders said.

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Related Topix: Investment Banking, Financial Services, Investment Services, Lehman Brothers Holdings

Mon Jun 30, 2008

MarketWatch

Contrarian investor prefers gold over oil

Contrarian investor Marc Faber said he could see oil rocket to $300 a barrel if the U.S. attacks Iran, but he prefers gold to oil in normal circumstances because of the U.S. government's potential curbing of ...

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Related Topix: Financial Services, Investment Services

CNN Money

Watch what the Fed says...

The Fed's words will speak louder than its actions this afternoon. It's all but certain the central bank is going to sit tight at 2:15 ET and keep its key federal funds rate at 2%. There's a better chance of ...

Comment?

Related Topix: Financial Services, Investment Services

Sat Jun 28, 2008

Seeking Alpha

Global Infrastructure, Alternative Energy and the Cost of Commodities

We have long held that the infrastructure needs of nations such as the USA, China, the European Union, Russia and India would put massive demands on specific material providers and open the door for ...

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Related Topix: Financial Services, Investment Services

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