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P&G's Lafley Is Latest CEO to Retake Helm

Procter & Gamble Co. (PG) suddenly looks like it did in 2009 -- without slapping on any Olay beauty cream. Late Thursday, the world's largest consumer product maker replaced former CEO Robert McDonald with his retired predecessor, Alan George "AG" Lafley. Mr. Lafley, who served as CEO from 2000 to 2009, will be charged with improving sales of products like Crest toothpaste and Tide detergent, introducing new products and cutting costs.Comebacks are, well, making a comeback on Wall Street. J.C. Penney (JCP) tried to steal some of Apple's magic when it poached Apple retail guru Ron Johnson to be its CEO in 2011, but last month hired back Myron "Mike" Ullman, who ran the company from 2004 to 2011. Apple's current dominance, after all, didn't begin until Steve Jobs returned to the fold for a second tenure as the company's leader.Can Mr. Ullman and Mr. Lafley pull a Jobs?Like all CEOs, Mr. Lafley and Mr. Ullman must decide which of his predecessor's plans he should keep, and what to discard...

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    Australia's largest listed gold miner by market value is taking a hard look at its cost structure in the aftermath of a sharp decline in the precious metal's price i...

  2. Newcrest Assesses Mining Operations After Gold Price Slump

    Newcrest Mining Ltd. (NCM.AU), Australia's largest listed gold miner by market value, said it was assessing the scope of its mining operations following a slump in t...

  3. Wall Street Week Ahead: In earnings frenzy, will Apple get crushed?

    Apple may have lost nearly half of its value since its peak in September, but it's still the talk of the town. Only this time, it's all about how low can it go?Wall ...

  4. Dr. Copper is Sick and Here's Why It's a Problem

    On October 17, 1012, the Financial Times ran an article titled, " Copper prices to fall but not collapse ."Here's an excerpt, try not to laugh:"Most traders expect a...

  5. Copper Prices Recede Toward Cost of Production

    For the first time since 2009, copper prices are falling toward the cost of production.Copper's recent drop has pushed futures prices to the precipice of a bear mark...

  6. Apple Breaks Below $400 on iPad Jitters

    Apple's (NASDAQ:AAPL) seven-month slump deepened on Wednesday as the former tech darling tumbled below the $400 threshold for the first time since late 2011 amid jit...

  7. Consumers, Investors Lacking Confidence?

    Fearless Wealth CEO RC Peck, Kaltbaum Capital Management’s Gary Kaltbaum and personal finance expert Jordan Goodman on the outlook for the economy and markets.

  8. Gold Makes Tentative Recovery

    Spot gold bounced back Tuesday from its lowest price in more than two years after falling more than 9% Monday--the biggest one-day drop in gold since the early 1980s...

  9. MARKET SNAPSHOT: U.S. Stocks Lose Most In 5 Months On China

    U.S. stock indexes fell the most in five months Monday, swept up in a rush out of gold, oil and other commodities, after reports from China showed the industrial gia...

  10. MARKET SNAPSHOT: U.S. Stocks Caught In Resource Stampede

    U.S. stocks Monday were on track for their worst day in seven weeks, with the Dow industrials at one point falling more than 200 points, after data pointing to a Chi...

  11. Gold Melts as Wall Street Turns Bearish

    Gold bugs thrive on a sense of panic to push their view that gold is the safest investment of all. But who's panicking now?"Everybody wants out," said Darin Newsom, ...

  12. Gold in Bear Territory

    Zephyr Management managing director Jim Awad weighs in on the huge selloff of gold, which will be destabilizing for the market at large.

  1. Gold is in a bear market and may fall further

    By Gary HarloffThis year the equity markets have been good with S&P 500 Index up 10.94% and Nasdaq 100 up 6.75% through the end of April.Gold is in a bear market and...

  2. This ETF Has More Zip than Tesla

    The stock price for Tesla Motors (NASDAQGS:TSLA) has been a rocket ship, but one ETF has more zip.The Direxion Daily Gold Miners Bear 3x Shares (NYSEARCA:DUST) is be...

  3. A Gold Forecast that Will Shock the World

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  4. Don’t Fight the Fed

    Penn Financial CEO Matt McCall and Lebenthal Asset Management’s James Lebenthal break down the recent record closing for the Dow Jones Industrial Average.

  5. Gold Miners Must Focus on Profits After Price Fall -Credit Suisse Executive

    Gold miners must focus on ensuring profitable operations after a slump in the precious metal's price forced a review of costs for some producers, a senior Credit Sui...

  6. Pimco's Gross Says Bond Bull Market Has Ended

    Bill Gross said the three-decade bull market in bonds ended last week when the 10-year Treasury yield hit 1.67%, but the manager of the world's largest bond fund str...

  7. Goldman tells Clients to Close Bets on Lower Gold Prices

    Goldman Sachs Group Inc. (GS) on Tuesday closed its recommendation to "short" gold, telling clients to exit bets on lower gold prices.The bank had told its clients t...

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