Some of Thursday's midday movers:
LONDON, Dec 12- Investors in major gold miners say a return to hedging future production after a slump in gold prices would be a sign of financial weakness in companies and could rob them of the chance to reap the rewards of any price rebound. John Thornton, a former senior executive at Goldman Sachs, said he would seriously consider hedging.
Some of Monday's midday movers:
*Gold mine production set to reach record this year. LONDON, Nov 20- Output from the world's gold mines is set to hit record highs this year, disappointing bulls who are impatiently waiting for production cuts following this year's 24 percent plunge in prices.
Take a look at some of Wednesday's midday movers:
ABIDJAN/ ACCRA, Oct 25- This year's drop in world gold prices has been deeply sobering for West African countries, from established producer Ghana to promising newcomer Ivory Coast, whose prospects of mineral wealth are being snatched away.
*Norway often bars sovereign wealth fund from investments. OSLO, Oct 14- Norway has ordered a review of its $790 billion wealth fund, one of the world's biggest investors whose largesse helps underpin Norway's generous social benefits, responding to concerns that the fund is unwieldy and its returns too low.
**J.C. PENNEY CO INC, $9.40, down 10 pct. **LUMBER LIQUIDATORS HOLDINGS INC, $101.46, down 10 pct. Representatives for Lumber Liquidators did not immediately respond to requests for comment on Friday.
**APPLE INC, $462.35, up 1.5 pct. The fingerprint reader on Apple's top-end iPhone 5 S received an early thumbs up for ease of use from two influential reviewers, helping dispel concerns about the scanning technology which has been notoriously unreliable in other cellphones. BLACKBERRY, $10.45, down 1 pct.
JOHANNESBURG, Sept 11- Wage settlements in South Africa's gold sector will amount to 1.5 billion rand in extra costs for companies over the next 12 months, the country's Chamber of Mines said on Wednesday.
Already cranky about the Fed, stock traders will be eyeing the Treasury's 10-year note auction Wednesday to see whether it helps drive interest rates higher.
Three days before Chinese GDP data, the Minister of Finance suggests he is comfortable with growth of 6.5 percent, when the "official" target is 7.5 percent. Coincidence?
China's export figures are not good news for GDP figures, which will be released on Sunday night.
We are hearing the usual chorus of complaints at the start of earnings season, that profits look anemic, but data suggests things may not be that bad.
Stocks held their gains Wednesday, extending their rally from the previous session, after the weaker-than-expected final read on first-quarter gross domestic product diminished worries that the Fed would rein in its stimulus measures in the immediate future.
The collapse in bullion prices may rekindle gold mining takeovers as Chinese companies and other investors step in to rescue small and mid-sized miners.
Flash crash in Germany? Well, not quite.
In an investor briefing to be distributed late Tuesday or Wednesday, John Paulson will reveal that his gold fund fell more than 10 percent for the first two months of this year, said people familiar with the numbers.
Notable institutional investors, including George Soros, Julian Robertson and Allianz's PIMCO reduced their bets on gold during the fourth quarter of 2012, when bullion posted its biggest quarterly loss in more than four years.
Anglo American took a $4 billion hit to its Minas Rio project on Tuesday, clearing the decks for new boss Mark Cutifani and indicating that the delayed Brazilian operation will eventually get off the ground.