Newmont Mining 3Q Profit Up on Gold Prices
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Newmont Mining Corp. on Wednesday said its third-quarter profit rose on increased gold prices. Quarterly profit rose to $128.7 million, or 29 cents per share, up from $114.
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Department store operator Nordstrom Inc. on Tuesday said third-quarter profit jumped on higher sales, inventory changes and lower expenses, leading it above Wall Street estimates.
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TORONTO (CP) - Gabriel Resources Ltd. has signed a deal with Newmont Mining to raise $24.75 million in a private placement of units to help fund development of its Romanian gold project.
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Profits at Australian mining firm WMC Resources rise fivefold as reports say the government is opposed to a bid from a Swiss firm.
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Gold rose to its highest in nearly three decades on Friday as a struggling U.S. dollar lifted its safe-haven appeal and purchases from speculators helped the metal defy selling pressure.
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The world's largest gold producer,  Newmont Mining Corp. NEM.N, on Wednesday said higher gold  prices drove up quarterly profit by 12.5 percent, even though  it sold less of the precious metal.
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Gold rose more than $3 an ounce on Monday after crude oil extended gains, but dealers said the precious metal lacked incentives to breach key resistance levels.
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Goldman Sachs Group Inc. GS.N on  Thursday said fourth-quarter profit rose as its fixed-income,  currency and commodities business soared while a rebounding  stock market boosted investment banking.
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Third-quarter net income rose 7.4 percent to $960 million, helped by strong demand in international markets. The company also raised its full-year profit outlook.
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3M Co. , the maker of Scotch tape and Post-It notes, on Tuesday posted a higher quarterly profit as it saw strength across its portfolio of businesses.
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NEW YORK (CBS.MW) -- Goldman Sachs Group said Tuesday that its third-quarter net income rose as its fixed-income, currencies and commodities trading operation recorded sales that were nearly $1 billion ahead of year-ago levels, driven by rising energy
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Steel producer and recycler Nucor Corp. on Thursday boosted third-quarter earnings guidance by more than $1 per share as rising steel prices continue to lift profit margins.
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Casino operator MGM Mirage  on Wednesday reported higher third-quarter earnings as tourism and gambling at its Las Vegas resorts boomed.
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The world&#39;s largest gold producer, Newmont Mining Corp. (NEM.N: Quote, Profile, Research) , said on Wednesday that higher gold prices drove up quarterly profit by 12.
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Phone company Qwest Communications International Inc  said on Tuesday its third-quarter profit rose, helped by a tax benefit and cost cuts.
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Bank of New York Mellon Corp  said on Thursday third-quarter profit rose 11 percent, helped by growth in fees from asset management and providing back-office services to institutional clients.
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Norwegian telecommunications operator Telenor on posted a rise in profits in the third quarter as its international mobile telephony operations once again boosted earnings.