The core of the euro zone is being threatened now after a failed German government bond auction. The sale of 6 billion euros of 10-year government bonds attracted bids totaling around 3.9 billion euros. That left the Bundesbank to pick up the rest of them totaling 2.35 billion euros. Now this isn’t the first time [...]
Jim Rogers was on CNBC today and told them that the recent decline in commodity prices is ‘artificial.’ “With MF Global going bankrupt – which was a gigantic commodities firm – there was a lot of artificial forced liquidation of commodities. People have to sell whether they like it or not. It’s artificial selling right [...]
Pandora (NYSE:P), the leading internet radio service announced its financial results for the third quarter of fiscal year 2012 today. Pandora is based out of Oakland, CA. Pandora reported for the third quarter of fiscal 2012, total revenue was $75.0 million, a 99% year-over-year increase. Advertising revenue was $66.0 million, a 102% year-over-year increase. Subscription [...]