At least 13 price-target hikes have been issued already on EXPEThe shares of Expedia Group Inc (NASDAQ:EXPE) are up 6.7% in electronic trading, after the travel operator reported fourth-quarter adjusted earnings of $1.24 cents per share, well above the consensus per-share estimate of $1.08, while revenue of $2.56 billion also beat the $2.54 billion forecast. Analysts are toasting the upbeat repo...Read More
Trade-sensitive stocks like Boeing are in the redDow Jones Industrial Average (DJI) futures are down triple digits again today, amid lingering concerns about global trade. Specifically, President Donald Trump said he has no plans to meet with Chinese President Xi Jinping prior to the March 1 deadline to come to a trade agreement. As such, trade-sensitive stocks like Boeing (BA) are lower ahead of...Read More
South Africa's Harmony Gold said on Friday its earnings per share for the first half of the year could be up to 97 percent lower than this time last year.The gold miner said a 915 million rand ($67 million) depreciation charge, lower derivatives gains and unfavourable currency conversion hit earnings, while costs also rose 6 percent.Headline earnings per share - a key profit measure in South Afric...Read More
VCRA had been a strong performer on the charts Vocera Communications Inc (NYSE:VCRA), a provider of a variety of mobile solutions for industries like healthcare and hospitality, has seen its stock rise on the charts in recent years. But today the shares are setting up for a sell-off, down 21.9% in pre-market trading, after the company's quarterly results. For the fourth quarter, Vocera's revenue c...Read More
Genesis Metals (TSXV: GIS) announced this week a new resource estimate for the Chevrier gold project near Chibougamau, Quebec.In a press release, the miner said the resource estimate is for both the main Zone and east Zone at Chevrier, which are 10 kilometres apart. Geological data indicate that both zones are located within the Fancamp Deformation Corridor, which is a major structural break that...Read More
Genesis Metals (TSXV: GIS) announced this week a new resource estimate for the Chevrier gold project near Chibougamau, Quebec.In a press release, the miner said the resource estimate is for both the main Zone and east Zone at Chevrier, which are 10 kilometres apart. Geological data indicate that both zones are located within the Fancamp Deformation Corridor, which is a major structural break that...Read More
Heavy rains in northern Chile, which forced state miner Codelco to halt operations at its Chuquicamata and Ministro Hales copper mines, have also impacted Freeport-McMoRan's El Abra.Codelco, the world's No.1 copper producer, said Friday it had sent its daytime shift of workers home as a preventative measure and would evaluate whether to cancel its night shift as well.Freeport-McMoran (NYSE: FCX),...Read More
* Indian discounts narrow to lowest in two months* Feb, 10-13 India International Jewellery Show eyed* Japanese dealers offering discounts for second week* Global spot gold prices on track for weekly declineDemand for physical gold in India rose this week as jewellers stocked up for a major exhibition, allowing dealers to cut discounts to the lowest in two months, while the Lunar New Year holiday...Read More
(Changes slug, raises number of those evacuated, adds detailsabout evacuation near ArcelorMittal dam)By Marta Nogueira and Pedro FonsecaBELO HORIZONTE/RIO DE JANEIRO, Feb 8 (Reuters) - Some 700people were evacuated early on Friday from Brazilian towns neartwo separate tailings dams operated by Vale SA andArcelorMittal on mounting fears of a recurrence of lastmonth's deadly dam burst nearby.The col...Read More
(Updates with closing prices)By Peter HobsonLONDON, Feb 8 (Reuters) - Copper was set for a fifth week ofgains on Friday but the rally faltered after U.S. PresidentDonald Trump said he did not plan to meet China's Xi Jinpingbefore a March 1 deadline for the two countries to achieve atrade deal.The news reignited concern that the U.S-Chinese row willworsen, damaging the already weakening global econ...Read More
The race for marijuana profits is on... and one up-and-comer is taking the "Buffett" approach to profits.The race for marijuana profits is on. Marijuana presents one of the most lucrative investing opportunities of the modern age - millionaires have been made many times over, and by finding the right stock at the right time, it's still possible for investors to cash in on these "first wave" profit...Read More
Total holdings of gold in gold-backed ETFs grew for the fourth straight month in January.Total holdings have not been this high since March 2013.Total holdings in global gold-backed ETFs finished $100.6 billion in 2018.By SchiffGold Total holdings of gold in gold-backed ETFs grew for the fourth straight month in January. Globally, ETFs added 72 tons of the yellow metal to their holdings last month...Read More
After the market rout in late 2018, our Market Maps report for January showed a strong rebound in a wide range of risk-on assets.The rise was almost a mirror image of December's falls.But one anomaly in the abrupt change from risk-off to risk-on was gold.By Philip Lawlor, managing director, global markets research After the market rout in late 2018, our Market Maps report for January showed a...Read More
VANCOUVER, British Columbia - February 7, 2019 - New Pacific Metals Corp. (TSX-V:NUAG) (OTCQX:NUPMF) (the "Company") is pleased to announce the preliminary results of the first metallurgical test work for its Silver Sand project in Potosi, Bolivia. Metallurgical sampling and test work commenced in September 2018 - the flotation recovery and bottle roll leaching test works for the trans...Read More
By: Nicholas LePan, Senior Mining Reporter at GoldSeekIt was back in September 2018 when America's newest gold and silver producer, Northern Vertex (TSX-V: NEE) (US: NHVCF) announced commercial production, at its 100-per-cent owned Moss Mine located in Northwestern Arizona, just a couple of miles off the old route 66. (The road to the Moss Mine, circa 2018) However, as any mine developer...Read More
COT SPECIAL PUBLICATION SCHEDULE Reminder -- Due to the U.S. Government Shutdown (February 1 Announcement) The last COT report was published on December 21, 2018. Reports going forward from that date will be published in chronological order beginning with the report previously scheduled for release on Friday, December 28, 2018 (based on data from Monday, December 24, 2018). The CFTC publ...Read More
By: DeepcasterDeepcaster's Recent Letters and Alerts provide Forecasts re How Best to Profit and Protect in 2019 along with Buy Recommendations aimed at profiting from upcoming Mega-Moves.But, since 2019 is likely to provide a Vastly Different Investing and Trading Landscape than any of the years 2009 through 2018, it is essential to always know and bear in mind the Mega-Forces Driving Key Mar...Read More
By Daniel R. Amerman, CFAWhenever the next recession does arrive, what we know today is that it is unlikely to be a "normal" recession, by the standards of what most people have experienced in their lifetimes.In this analysis we will compare and contrast the characteristics of an average recession based on 164 years of history, versus what has been experienced in the United States since the end...Read More
By Avi Gilburt, ElliottWaveTrader.net Consider the extremes we experienced in August and September of 2011. Gold had days where it would rally $50 in a single day during its final parabolic move. Moreover, everyone you spoke with would express their certainty that gold would soon eclipse the $2,000 mark, on its way to much higher levels.Yet, I remained steadfast in my analysis which suggeste...Read More
Like many of you, I've been eagerly awaiting the day when this powerful bear rally drops dead. Instead, AAPL has rallied with a vengeance, drawing a thousand doomed stocks into its vortex. Yes, the rally is a hoax. And yes, the Masters of the Universe have used it to distribute as much stock as possible into the hands of rubes, pensioners and widows.Under the circumstances, I've been a reluctant...Read More