SGMO stock is headed toward its best day since May 2017The shares of Sangamo Therapeutics Inc (NASDAQ:SGMO) are on fire, after the California-based biotech reported positive data in a phase 1/2 study for its gene therapy hemophilia treatment that's being developed with Pfizer (PFE). The company also unveiled upbeat data for an early stage study for a gene therapy being developed with Sanofi (SNY)....Read More

The DJI is lower after three straight gainsBlue chip Walgreens Boots Alliance's (WBA) negative earnings reaction continues to drag down the Dow Jones Industrial Average (DJI), with the index down more than 100 points at midday. In addition, the latest durable goods data took some of the wind out of the bulls' sails. Elsewhere, the S&P 500 Index (SPX) is also lower due to an underperforming consu...Read More

Starbucks stock has only suffered two weekly losses in 2019Starbucks Corporation (NASDAQ:SBUX) stock has been red-hot in 2019, coming off a record high of $74.93 yesterday. Today, SBUX is up 0.4% to trade at $74.19, and options traders may want to set their sights on higher highs for the coffee stock, if history is any guide.Specifically, the stock's Schaeffer's Volatility Index (SVI) of 16% ranks...Read More

Eldorado Gold Corporation has announced that as of April 1, 2019, mining, crushing and placing of ore on the Kisladag heap leach pad has resumed. This follows the company's announcement on January 30, 2019, that it would resume full operations at Kisladag. Further testwork is underway to determine the effects of a 250 day leach cycles on deeper material, the results of which are expected to be ava...Read More

Eldorado Gold Corporation has announced that as of April 1, 2019, mining, crushing and placing of ore on the Kisladag heap leach pad has resumed. This follows the company's announcement on January 30, 2019, that it would resume full operations at Kisladag. Further testwork is underway to determine the effects of a 250 day leach cycles on deeper material, the results of which are expected to be ava...Read More

The U.K.'s financial regulator has added a small diamond pricing firm to its roster of companies managing market benchmarks, opening the way to making the precious stones a more investable asset.The Financial Conduct Authority has authorized U2 Diamond Prices Ltd. as a benchmark administrator, joining firms such as FTSE International Ltd. and ICE Benchmark Administration Ltd. The move will allow f...Read More

The Ugandan government is making another attempt to reopen a defunct copper mine estimated to contain 4 million tonnes of ore, it said on Tuesday, and several international firms have expressed interest in the project.Once a major producer of copper and cobalt, Kilembe was abandoned by Canadian firm Falconbridge in the 1970s when Uganda's economy stagnated under the erratic leadership of dictator...Read More

The Ugandan government is making another attempt to reopen a defunct copper mine estimated to contain 4 million tonnes of ore, it said on Tuesday, and several international firms have expressed interest in the project.Once a major producer of copper and cobalt, Kilembe was abandoned by Canadian firm Falconbridge in the 1970s when Uganda's economy stagnated under the erratic leadership of dictator...Read More

Union Pacific's buyback program could create tailwinds for the stockFreight giant Union Pacific Corporation (NYSE:UNP) has put together a strong 2019, adding over 20% year-to-date. Back in early February, the company announced a massive buyback plan that amounted to 20% of the outstanding shares, which should act as a tailwind going forward. Plus, UNP recently bounced from the $160 level, site of...Read More

German auditing firm T?oeV S?oeD AG said on Tuesday it appointed a former Petroleo Brasileiro SA executive to head up its Brazilian subsidiary, changing leadership after a dam certified by the firm burst in January and killed hundreds.Jo??o Elek, former governance and compliance officer at Petrobras, became chief executive of the Brazilian subsidiary of T?oeV S?oeD on April 1. He takes over from i...Read More

LYFT's IPO was priced at $72 last weekThe run-up to the initial public offering (IPO) of Lyft Inc (NASDAQ:LYFT) was treated with much fanfare. The shares have gotten off to a rocky start, shedding 26% from their March 29 open at $87.24 to yesterday's close at $69.01. Today, LYFT stock hit a record low of $66.10 -- well below its $72 IPO price -- and was last seen down 1.3% to trade at $68.08.Anal...Read More

One group of Canadian oil producers is gaining from the output cuts imposed by Alberta: the small explorers.The local wildcatters that pump light crude far from the giant oil-sands mines of northern Alberta are getting a big price boost from the curtailments announced at the start of December, without the headaches. Many of them are exempt from the cuts and they sell most of their oil locally, so...Read More

ISRG historically performs well in AprilRobotic surgery expert Intuitive Surgical, Inc. (NASDAQ:ISRG) has been a long-term gem on the charts, posting five straight yearly gains, including advances of31.2%, 72.6% and 16.1% over just the past three years. Already in 2019, ISRG shares have added more than 20%, trading near record highs at yesterday's close of $575.54, and seasonal data shows that bul...Read More

Australia is joining the growing number of nations looking to compete in space, from launching micro satellites that track sheep to mining water on the moon. Its advantage? Half the country already looks like Mars.With advances in technology and the falling cost of launch slots, the fledgling Australian Space Agency, set up last year, is taking a commercial approach to extra-terrestrial ventures....Read More

The company withdrew its Renuvion marketing applicationThe shares of Apyx Medical Corp (NASDAQ:APYX) are down 36.6% at $4.40, slicing through a long-term level of support. The medical supplies maker said it has withdrawn a marketing application for Renuvion, a device used for skin resurfacing. The move comes after the U.S. Food and Drug Administration (FDA) questioned data irregularities.After top...Read More

Achieve Life Sciences' ORCA-1 smoking cessation study just got a positive review from the DSMCMedical Research stock Achieve Life Sciences Inc (NASDAQ:ACHV) is seeing yet another bounce today, after the independent Data Safety Monitoring Committee (DSMC) gave the company's anti-smoking treatment, cytisinicline, a positive review in the phase 2B trial for the plant-based alkaloid. More specifically...Read More

Credit Suisse cut AA to "neutral" from "outperform"Aluminum concern Alcoa Corp (NYSE:AA) is starting its day in the red, last seen 1.9% lower at $28.91. This pullback for AA comes after Credit Suisse handed out a downgrade to "neutral" from "outperform," and a price-target cut to $31 from $40. Alcoa stock also saw an unimpressive price-target hike of $1 to $36 out of Jefferies.On the charts, AA h...Read More

In February, the World Gold Council released the newest edition of Gold Investor. What can we learn from the report? Let’s discuss gold’s role in the onslaught of the cashless society, its role as a portfolio diversifier, reverse asset and source of liquidity. Rogoff Wants Cashless Society, but Appreciates Gold As a lot has happened recently, we didn’t have time to analyze the la...Read More

Global miner Glencore and Japan's Tohoku Electric Power agreed on a price of $94.75 per tonne for supplies of thermal coal from Australia for the year through March 2020, a source with direct knowledge of the matter said.The price, which serves as an industry benchmark for supplies of seaborne thermal coal in Asia, was 14 percent lower than a price agreed for supplies for the year through Septembe...Read More

Iron ore prices in China reached a record high on Tuesday as market participants wrestled two dilemmas, namely the likely temporary weather-related disruptions from Australia and the rather more serious safety outages in Brazil.A major tropical cyclone hitting the main producing and shipping areas in the world's largest iron ore miner was always likely to boost prices, and indeed, markets largely...Read More