The hunt for yield may soon target the safest prey.Read full newsRead More
Base metals charged higher on Thursday after U.S. manufacturing data provided further evidence of a synchronized boom in factory output across the globe.Read full newsRead More
If the comings and goings of oil tankers from the Persian Gulf are any guide, then OPEC's Middle East powerhouses did their bit to curb a global crude glut last month. Saudi Arabia shouldered the burden.Read full newsRead More
"All Mac systems and iOS devices are affected," Apple acknowledged in a statement on Thursday, adding that no cases had yet been reported of customers being affected by the security flaws.Read full newsRead More
Whether it is Coinbase's denial of plans to include Ripple on its network or simply a broader understanding of the asset, 2018's high-flyer is lagging today as investors regain their appetite for Ethereum (record highs over $1000) and Bitcoin (over $16k) overnight.Read full newsRead More
LONDON: Investors are gaining confidence: up to a point: that 2018 will be the year of oil stocks.While shares in top energy companies have risen since mid-2017, they have failed to keep step with recovering crude markets, opening up a historically unusual performance gap. Big oil stocks have also underperformed broader equity indexes.Uncertainty over whether the crude rally can stick and fears th...Read More
Iran takes the threat seriously. An advocate for attacks on oil facilities was gunned down in Europe.Read full newsRead More
As the first full trading week of January comes around, the flow of post-Christmas retail trading updates picks up following the mixed news from Next Plc and Debenhams PLC (LON:DEB), with all the UK food retailers set to report, as well as high street stalwart Marks & Spencer Group PLC (LON:MKS).The UK's major supermarket chains have all been grappling tough competition from discounters Aldi a...Read More
Ian Bristow, Finance Director of Symphony Environmental Technologies (LON:SYM) tells Proactive how after the October announcement that profits would be not less than ?350,000, Symphony has now raised guidance to "not less than ?400,000", up from ?123,000 in 2016.The global specialist in products and technologies that "make plastic smarter" said revenues for 2017 should clock in at around ?8.2m...Read More
When big companies get hit by DDoS attacks, big profits get lost. That's why corporations are turning not only to faster connection speeds but also to sophisticated firewall software technology like Corero Network Security's SmartWall Defense System to defend themselves. Ashley Stephenson, CEO of Corero Network Security (LON:CNS) explains the share jump off the back of two significant new orders a...Read More
Mr. Adam Travis reportsCOLORADO ANNOUNCES RESULTS OF THE 2017 FIELD PROGRAM ON THE KINASKAN-CASTLE PROPERTY Colorado Resources Ltd. has provided the results of its fall 2017 rock, soil and geophysical programs completed at the Castle target on its 100-per-cent-owned 17,839-hectare Kinaskan-Castle (K-C) property. The Castle portion of the property was acquired by Colorado in February, 2017 (see new...Read More
Mr. Christian Milau reportsEQUINOX GOLD CONFIRMS SHARE PURCHASE BY CHAIRMAN, ROSS BEATYRoss Beaty, chairman of Equinox Gold Corp., has acquired 22.5 million common shares of Equinox Gold, bringing his total holdings in the company to 41.4 million common shares.As previously announced on Oct. 25, 2017, pursuant to a share and debenture purchase agreement between Equinox Gold, Mr. Beaty and Sandstor...Read More
Like Barack Obama, Iran's leaders don't know how a real economy works.Read full newsRead More
Cobalt prices went ballistic in 2017 with the metal quoted on the LME ending the year at $75,500, a 129% annual surge sparked by intensifying supply fears and an expected demand spike from battery markets. Measured from its record low hit in February 2016, the metal is more than $50,000 more expensive.Given these lofty levels - and considering that the volatile commodity topped $100,000 a tonne a...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold rose $9.50 to $1,322.00 on Thursday. The TSX Venture Exchange dropped 9.56 points to 880.38 while the TSX Gold Index added 0.84 point to 198.69. Torex Gold Resources Inc. (TXG), nearly $34 a year ago, continued to st...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange lost 9.56 points to 880.36 Thursday. David Berg's investment issuer, Block One Capital Inc. (BLOK) dropped 14 cents to $1.06 on 884,000 shares. The company has had to retract and clarify some of its statements,...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Wednesday was an 85-85-109 draw. The TSX Venture Exchange added another 18 points to 889 while polished diamond prices gained 0.1 per cent. Dermot Desmond and David Whittle's Mountain Province Di...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold slipped $4.40 to $1,312.70 on Wednesday. The TSX Venture Exchange rose 18.90 points to 889.94 while the TSX Gold Index lost 1.49 points to 197.85. Goldcorp Inc. (G) moved higher, adding 21 cents to $16.72 on 5.08 mil...Read More
The gold miners' stocks have huge upside potential in 2018, likely the best among stock-market sectors. They really lagged gold last year, so a major mean-reversion catch-up rally is coming. The gold miners are universally ignored and deeply undervalued relative to the metal which drives their profits. And gold itself is likely to power dramatically higher this year as euphoric record-high s...Read More
"This time it's different." That quote is from Sir John Templeton, a legendary investor who is considered the father of the modern mutual fund industry. For most of the month of December, I've been hearing ads from mortgage brokers who are promoting the idea of refinancing your house in order to take care of holiday bills. It reminded of the early 2000's when then Fed Chairman, Alan Greenspan, was...Read More