Kitco Video

"Cash Will Be Trash," Future Of Gold “Very Good” – Rich Dad’s Robert Kiyosaki

[youtube -HxDbSXXN3g] Kitco News speaks with Rich Dad, Poor author Robert Kiyosaki to find out how he sees gold, oil and stocks in the coming year, given the volatility in financial markets this month. “Get out of the stock market!” is his clear message to investors in his latest book “Second Chance: for Your Money, Your Life and Our World.” Kiyosaki says he thinks the future of the dollar is bleak, which would translate into a “very good” future for gold prices. “When the euro collapses, it means the dollar will collapse soon thereafter,” he says […]

Mergers & Acquisitions

Cleveland HeartLab Inc. Acquires MIRISK Heart Attack Risk Assessment Tool, Expanding its Product Portfolio and Cardiovascular Disease Assessment Capabilities

Cleveland HeartLab Inc. Acquires MIRISK Heart Attack Risk Assessment Tool, Expanding its Product Portfolio and Cardiovascular Disease Assessment Capabilities Validated in 5,000-patient study, Stanford University Science behind MIRISK Predicts Possibility of Heart Attack 5 Years before Event PR Newswire CLEVELAND, Jan. […]

Stock Analysts

Avon’s Downtrend Continues in 2015, Hits 52-Week Low

Share price of Avon Products Inc. ( AVP ) has been witnessing a downtrend for about over a year as the company has lost its luster due to continuous loss of active representatives, declining volume, unfavorable foreign currency translations and reduced margins in mature markets like North America. Consequently, shares of this New York-based global beauty company hit a new 52-week low of $8.54 yesterday, before closing trade at $8.61 […]

Stock Analysts

Banks Settle MF Global Underwriting Case for $74M

Banks continue to move past their legal headwinds. The 2011 case against divisions of seven banks, for providing misleading statements related to the presently bankrupt MF Global Holdings Ltd.’s certain debt offering as underwriters, has won court approval for settlement, per a Bloomberg Report. The banks will pay $74 million in aggregate to settle the allegations […]

Stock Analysts

3M Launches New Petrifilm Aerobic Bacteria Count Plate

3M Company ( MMM ) recently announced the launch of its first Petrifilm Aerobic Count Plate, which uses a simple procedure to detect aerobic bacteria counts accurately and easily in just 24 hours for most food matrices. The 3M Petrifilm Plate enjoys a competitive advantage compared to other traditional methods of bacteria testing used by the manufacturers. The sample-ready system uses an easy three-step process of Inoculation, Incubation and Enumeration. […]

Stock Analysts

Hertz Alters Management, DTAG Furthers German Expansion

Dollar Thrifty Automotive Group ("DTAG"), a business unit of Hertz Global Holdings, Inc. ( HTZ ), announced that it has added 116 locations all over Germany, in a move to strengthen its existing channels in the country. These new locations, which will benefit German car rental customers, commenced operations in most regions of the country as of Jan 1, 2015. […]

Stock Analysts

Lear Corp. Completes Eagle Ottawa Purchase, Shares Down

Lear Corp. ’s ( LEA ) share price fell 3.3% to $94.69 on Jan 5, 2015 due to the plunge in the market, even though the company announced the completion of the acquisition of Eagle Ottawa, the largest global supplier of premium automotive leather. Lear Corp.’s shares fell further to $94.38 on Jan 6, due to the impact of the overall market decline […]

Stock Analysts

United Technologies’ Carrier Launches Smart Cor Thermostat

Carrier, leader in Heating Ventilating and Air-conditioning (HVAC) solutions and part of United Technologies Corp.’s ( UTX ) UTC Building & Industrial Systems, recently introduced smart thermostat Cor. The new Cor thermostat helps homeowners to cut down energy costs. Homeowners can manage their home temperature and energy usage with the mobile application or desktop interface and are likely to reduce home comfort costs by 20% by utilizing this product. […]