Thursday, 31 December 2009

News: Gold ends at $1,096.20, up 24.8 percent in 2009

NEW YORK (Reuters) - Gold prices sealed their biggest yearly gain in three decades with a small advance on Thursday, rising for an unprecedented ninth consecutive year as dollar-hedging traders and central banks joined the rally even as safe-haven buying subsided.


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Reuters.com

The Wall St ends 2009 with best gains since 2003


NEW YORK (Reuters) - U.S. stocks ended 2009 on Thursday with their best gains since 2003, with optimism about the economy's recovery pushing the benchmark Standard & Poor's index up 23.5 percent for the year.


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Reuters.com


Thursday, 5 November 2009

Data Mining Software | Angoss KnowledgeSEEKER


Angoss KnowledgeSEEKER is a data mining software developed by Angoss Software Corporation. It is developed for commercial purpose and has been around in the market since the 90’s.

It provides a powerful set of features like importing data from various sources, sampling and preparing them before applying a wide range of techniques to mine the data. It comes with a wide range of advanced tools to explore and visualize data.

It can be used to build decision support software through its capability of processing decision tree and other algorithms. It can be used to identify segments from the data which can then be used for focused marketing. It provides users sets of business intelligence tools that allow applying data mining techniques to predict and analyze data with an easy to use and understand user interface.

Friday, 2 October 2009

Data Mining Software | RapidMiner

RapidMiner is the new name given to what used to be known as YALE (Yet Another Learning Environment). It is one of the most useful and free open source data mining software available today. It is developed using the JAVA programming language and is capable of carrying out text mining, feature engineering, data stream mining, distributed data mining and multimedia mining. It is very flexible to use as users can use it through its GUI, command line or from other programs using the JAVA API. It also enables machine learning through the powerful library WEKA.

Monday, 28 September 2009

Data mining Software | SPSS Clementine

SPSS Clementine is a popular data mining software introduced by SPSS Inc. It is powerful toolkit which can be used by users to carry out data mining without the help of experts. It's user friendly GUI makes it easy for use. Clementine is used by a large number of organizations for a wide range of data mining activities like customer segmentation, detection of fraudulent transactions, forecasting and so on. It is renamed as PASW Modeler on April, 2009 by SPSS Inc.

Saturday, 26 September 2009

Data Mining Software | SAS® Enterprise Miner

SAS Enterprise Miner simplifies the steps of data mining and produces models based on huge data from various sources with high degree of accuracy. It is used to predict demands, in the detection of frauds in the banking sector and in many other areas of applications for data mining. It is equipped with a powerful bundle of tools which makes it easy and fast to build models and at the same time ensures accuracy of the result.

Sunday, 20 September 2009

Data Mining Software | DB2 Intelligent Miner

DB2 Intelligent Miner is introduced in the Business intelligence industry by IBM. It can be used in various lines of business to find new and interesting insights out of the transaction data which are valuable to take great business decisions. It can be used in identifying frauds, customer segments or to carry out the market basket analysis which can be helpful in reducing attrition rate and boost sales by cross selling or targeted marketing. The in-database mining capabilities allows it to be able to integrate with existing systems easily.

Friday, 18 September 2009

Data Mining Software | MATLAB

MATLAB or Matrix Laboratory is an excellent programming language used extensively in a wide range of areas like image processing, signal processing, mathematical and statistical analysis and many others. MATLAB is now widely used for data mining because of its ability to handle the various stages of data mining. It is well equipped with a number of powerful toolboxes like:

1. MathWorks Neural Network Toolbox
2. Fuzzy Clustering and Data Analysis Toolbox
3. Association Rule Miner and Deduction Analysis Tool
4. Decision Tree

Along with these toolboxes it has a powerful graphical capabilities. The time required to solve problems of data mining can be easily solved in a much less time with MATLAB compared to other languages.

Friday, 24 July 2009

Data Mining Software | Oracle Data Mining (ODM)

Oracle Data Mining (ODM) is a powerful tool bundled with the Oracle RDBMS. It provides fast and easy way to develop BI applications based on the data stored in the Oracle RDBMS. ODM SQL and Java APIs can be used to develop and deploy applications. It allows data stored in the Oracle RDBMS to be mined automatically. Real time results can be generated as the data, models and results all resided in the database and no additional data movement is required.


Saturday, 11 July 2009

Data Mining Software | SQL Server Analysis Services

Microsoft SQL Server has come a long way in establishing itself as a strong tool in the field of business intelligence and data mining. The SQL Server Analysis Services (SSAS) provide a wide range of data analysis and mining methodologies to build robust and feature rich BI solutions for various market segments. Starting from SQL Server 2000 Microsoft has substantially upgraded the analysis services in SQL Server 2005 and SQL Server 2008. This makes the development of BI solutions easier and less time consuming.

Sunday, 22 March 2009

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Tuesday, 10 March 2009

( Desperate Rio Tinto, ambitious Chinalco )

Two major takeover efforts, the first in 2004 for Canada's Noranda, the second for California's Unocal a year later, disappeared into the fog of Beijing bureaucracy and Canadian and American security paranoia, ...

Read full story from Globeinvestor.com


( Rio Tinto Reaches Agreement to Sell Jacobs Ranch Coal Mine For US$761 Million )

Rio Tinto has signed a sale and purchase agreement to sell its Jacobs Ranch coal mine to Arch Coal, Inc.

Read full story from Earth Times


( Mongolia has submitted to Rio Tinto )

Mongolia has submitted a draft agreement to allow mining giants Ivanhoe Mines and Rio Tinto to mine at one of the country's largest gold and copper deposits...

Read full story from PR-inside.com


( Rio sees delays in Mongolia joint venture )

RIO TINTO has warned that construction of its $US3 billion Oyu Tolgoi copper-gold joint venture with Ivanhoe Mines may proceed at a slower pace than planned even if the Mongolian Government signs a long-awaited ...

Read full story from The Sydney Morning Herald


Monday, 9 March 2009

( Siemens Metals bags SAIL order )

Bangalore : Siemens VAI Metals Technologies said on Wednesday that it has received an order from the Steel Authority of India Limited for a new LD converter steel mill to be built at the company's Bhilai Steel ...

Read full story from The Hindu


Sunday, 1 March 2009

( Cascades Q4 loss $19 million, reversing year-ago profit of $12 million )

Tissue and cardboard producer Cascades Inc. reported Friday a fourth-quarter loss of $19 million, reversing a year-ago profit of $12 million.

Read full story from Madison Publishing


Saturday, 28 February 2009

( PotashCorp CEO's salary holds in '09 )

The base salary of the president and CEO of Potash Corp. of Saskatchewan Inc. will not rise - or fall - in 2009.

Read full story from Regina Leader Post


Thursday, 26 February 2009

( .Sherritt reports Q4 net loss of $592.1M after $463.3M Ambatovy writedown )

Sherritt International Corp. has reported a net loss of $592.1 million for the fourth quarter and $289.7 million for all of 2008 after taking a $463.3-million writeoff of goodwill on the Ambatovy nickel project ...

Read full story from The Winnipeg Free Press


Wednesday, 25 February 2009

( .S&P lowers Anglo American rating to BBB )

Standard & Poor's Ratings Services announced that it has lowered its long-term global scale corporate credit and senior unsecured debt ratings on diversified mining group Anglo American PLC by two notches to ...

Read full story from Sunday Times


( .North American Palladium Announces Fourth Quarter and Year Ended December 31, 2008 Results )

North American Palladium Ltd. today announced financial results for the fourth quarter and year ended December 31, 2008.

Read full story from MarketWatch


( .Sherritt reports Q4 net loss of $592.1M after $463.3M Ambatovy writedown )

Sherritt International Corp. has reported a net loss of $592.1 million for the fourth quarter and $289.7 million for all of 2008 after taking a $463.3-million writeoff of goodwill on the Ambatovy nickel project ...

Read full story from The Winnipeg Free Press

Monday, 23 February 2009

( Republican governors split over Obama stimulus )

WASHINGTON (Reuters) - U.S. Republicans governors were split on Sunday over whether to accept all of the money their states stand to receive from a $787 billion economic stimulus plan which President Barack Obama signed last week...

Read full story from Reuters

( .U.S. economy to shrink in Q1, rebound seen in H2: poll )

WASHINGTON (Reuters) - The U.S. economy is set to contract sharply in the first quarter, with the current cyclical downturn on track to rival the 1973-75 slump as soaring unemployment depresses demand, a survey showed.

Read full story from Reuters

( Financial stocks give JSE lifeline )

The JSE remained in positive territory by noon taking direction from steady European markets with banking and financial stocks offering firm support.

Read full story from Sunday Times


( Gov. Bob Riley tours ThyssenKrupp terminal under construction in Mobile )

Gov. Bob Riley today toured the $115 million-plus terminal that the Alabama State Port Authority is building for steelmaker ThyssenKrupp AG .

Read full story from Alabama Live


( .Ala. AG requested to argue for Massey )

On Friday, the United States Supreme Court denied a motion filed by seven state attorneys general asking to participate in March 3 oral arguments about the appeal by Hugh M. Caperton and Harman Mining against ...

Read full story from Charleston Gazette


( .Teck Cominco loses appeal to stay suit concerning Columbia damages )

The Teck Cominco mining company, accused of causing environmental damage to the Columbia River in Washington state, has lost an appeal to the Supreme Court of Canada to stay a lawsuit.

Read full story from KHQ-TV Spokane


Sunday, 22 February 2009

( .Alcoa cuts fewer jobs in Quad Cities )

Wilson Trailer Announces Layoffs Wilson Trailer blames conditions due to the economic recession for the decision to let go dozens of workers in three states.

Read full story from KMEG


( Tata group firms 'have to survive on their own )

NEW DELHI: The head of India's oldest and biggest conglomerate Tata Group says each of its nearly 100 companies will have to find its own way to survive the global financial crisis.

Read full story from Gulf Times


( .Minmetals to shop for more Australia mines: Oz CEO )

SYDNEY (Reuters) - Chinese state-owned metals group Minmetals is keen to use its $1.7 billion acquisition of debt-crippled Australian miner Oz Minerals Ltd to buy more distressed firms, Oz Managing Director Andrew Michelmore said on Sunday....

Read full story from Reuters

Friday, 20 February 2009

( Nearly 5 million Americans drawing jobless benefits )

WASHINGTON (Reuters) - The number of U.S. workers drawing unemployment aid jumped to a record high of nearly 5 million, the government said on Thursday, as a worsening economy made it increasingly hard to find jobs.

Read full story from Reuters

( .The United States and Canada agree work together on new energy technologies )

OTTAWA (Reuters) - The United States and Canada, two significant greenhouse gas emitters, agreed on Thursday to work together on new energy technologies to fight climate change, saying it was key to recovery from global recession.

Read full story from Reuters

( .The possibility of a power struggle in North Korea )

SEOUL (Reuters) - The possibility of a power struggle in North Korea made it more urgent to find a way to end the secretive state's nuclear weapons program, U.S. Secretary of State Hillary Clinton said on Thursday.


Read full story from Reuters

( Oil jumps 14 percent on U.S. inventory drop )

NEW YORK (Reuters) - Oil prices jumped 14 percent to top $39 a barrel on Thursday after U.S. government data showed an unexpected fall in crude inventories last week due to lower imports and higher demand.

Read full story from Reuters

( JC Flowers has called on Berlin to Talk )

MUNICH (Reuters) - U.S. investor JC Flowers has called on Berlin to return to the negotiating table after talks failed to resolve how the German government could take control of Hypo Real Estate (HRXG.DE), a bank that Flowers partly owns.

Read full story from Reuters

( Kirin Holdings Co Ltd buy 43.25 percent stake )

NEW YORK (Reuters) - Kirin Holdings Co Ltd (2503.T) has agreed to buy a 43.25 percent stake in the San Miguel Brewery Inc (SMB.PS) affiliate of Philippine foodmaker San Miguel Corp (SMC.PS) for about 100 billion yen ($1.06 billion), financial daily Nikkei said in its Friday edition...

Read full story from Reuters

( Alcoa achieves 36% reduction in greenhouse gas emissions in 2008 )

Alcoa , a producer and manager of aluminum, fabricated aluminum and alumina combined, revealed yesterday that it has achieved a 36% reduction in total direct greenhouse gas emissions in 2008.

Read full story from M2.com

( Swiss Life to cut MLP10 percent: source )

ZURICH (Reuters) - Swiss Life (SLHN.VX) will cut its stake in MLP (MLPG.DE) in a bid to revive cooperation with the German pensions specialist, a source familiar with the situation said.

Read full story from Reuters

( Satyam gets approval for stake sale, share issue )

NEW DELHI (Reuters) - India's Satyam Computer Services (SATY.BO) won approval on Thursday to bring on board a strategic investor with the financial and management clout needed to ensure the survival of the fraud-hit outsourcer.

Read full story from Reuters

Thursday, 19 February 2009

( Newmont Mining Swings to Profit )

The mining company generated net cash from continuing operations in the fourth quarter of $229 million, or 50 cents a share, on equity gold and copper sales of 1.35 million ounces and 40 million pounds, ...

Read full story from TheStreet.com

( .Westaim Corp. reverses year-ago loss with $2.7 million quarterly profit, revenues shrink )

Westaim Corp. said Wednesday it saw net income of $2.7 million or three cents per share for the three months ended Dec.

Read full story from Slam Sports


( Obama's Banner "Climate Leaders Don't Buy Tar Sands" )

OTTAWA (Reuters) - Greenpeace activists scaled a bridge in the Canadian capital on Wednesday and unfurled two large banners urging U.S. President Barack Obama to take a tough stand on Canada's huge oil sands when he visits on Thursday.

Read full story from Reuters

( .Nasdaq dip as housing plan fails to cut fear)

NEW YORK (Reuters) - The S&P 500 and Nasdaq closed marginally lower on Wednesday as President Barack Obama's $275 billion plan to prop up the housing market failed to stem worries about the economy, and bleak housing data highlighted the deepening recession.

Read full story from Reuters

( .Obama pledged up to $275 billion on Wednesday )

MESA, Arizona (Reuters) - U.S. President Barack Obama pledged up to $275 billion on Wednesday to help stem a wave of home foreclosures, part of a broad effort using massive sums of government money to push the country out of recession.

Read full story from Reuters

( .CBS cuts dividend but profit beats estimates)

NEW YORK (Reuters) - CBS Corp (CBS.N) sliced its longstanding dividend but reported higher-than-expected earnings as cost cuts offset the advertising downturn that has struck across its television, radio, and billboard businesses.

Read full story from Reuters