Yamana Gold (AUY) Stock Falls on Lower Gold Prices


SpeedDesk-6-front-lead Last week it was felt that maybe the Fed would postpone the interest rate hike to December, but now, after the latest comments, you can say that it’s still possible that it will be in September,” LBBW analyst Thorsten Proettel told Reuters. “Of course, that is a burden for the gold price.”

http://www.thestreet.com/story/13271433/1/yamana-gold-auy-stock-falls-on-lower-gold-prices.html

Panasonic first-quarter profit falls 7 percent as housing tech sales decline


Exhibitors prepare the Panasonic exhibit space ahead of the International Consumer Electronics show in Las Vegas

Japan’s Panasonic Corp on Wednesday reported a 7 percent decline in first-quarter operating profit, missing analyst estimates, as sales fell in its appliances and housing technology businesses.

Profit for April-June fell to 76.56 billion yen ($619.02 million) from the same period a year prior, compared with the 92.7 billion yen average estimate of 19 analysts polled by Thomson Reuters. Sales rose 0.3 percent to 1.86 trillion yen.

While still known as a consumer electronics maker, Panasonic in recent years has turned its attention to new businesses such as high-tech auto parts and energy-saving home systems to escape cut-price competition in smartphones and TVs.

http://www.reuters.com/article/2015/07/29/us-panasonic-results-idUSKCN0Q30OT20150729