With the very important G-20 meetings in Pittsburgh Thursday and Friday, politics is front and center in capital markets. This intervention, leading to uncertainty, aided to the sell-off on Thursday.

Reuters is reporting that A123 Systems, Inc. (AONE) increased the number of shares offered in its IPO from 25 million to 28.1 million and sold those shares at a price of $13.50. If the underwriters exercise their overallotment option, which is usually...

Gold reached an 18 month high at $1,017.50/oz in early European trading this morning. Gold has found its footing in the low $1,000s/oz and looks set to launch an assault on the all time record nominal high of $1,033/oz (on March 17th 2008).

Below is a summary of updates to the BioMedReports.com FDA Calendar, which includes a database of 288 entries as of 7/30/09. The calendar was originally created by Mike Havrilla to track companies with pending new drug, biological agent, or medical...

The Dow Jones Industrial Average hit 9000 intraday Thursday, driving the U.S. dollar lower against all of the higher yielding currencies. Although earnings have been mixed, risk appetite is back. Relatively healthy U.S. economic...