The Goodman School of Mines at Laurentian University and the Core Foundation signed a memorandum of understanding this week aiming to promote the school's education and research activities in Peru, Chile and Brazil.Osman Abou-RabiaThe Core Foundation is a non-profit organization dedicated to create new knowledge, discovery and innovation in Latin America."Countries like Peru need our strong...Read More
The Goodman School of Mines at Laurentian University and the Core Foundation signed a memorandum of understanding this week aiming to promote the school's education and research activities in Peru, Chile and Brazil.Osman Abou-RabiaThe Core Foundation is a non-profit organization dedicated to create new knowledge, discovery and innovation in Latin America."Countries like Peru need our strong...Read More
The stock just pulled back to a historically bullish trendlineUnitedHealth Group Inc (NYSE:UNH) stock has taken a beating, after last week's Medicare-for-All bill was introduced by House Democrats -- wreaking havoc on the health insurers and helping to drag down the Dow on Monday. However, it appears the stock has found some support in the $235 area, which is around where it bottomed in late Dece...Read More
The stock is pacing for its worst week of 2019The shares of General Electric Company (NYSE:GE) have taken a beating this week, after CEO Larry Culp yesterday warned on this year's cash flow. As such, J.P. Morgan Securities analyst Stephen Tusa said his $6 price target on GE stock "looks generous," and CNBC's "Mad Money" host Jim Cramer compared the comments to dropping "a bomb on my head." Against...Read More
Busy news days are driving heavy options trading on these 3 stocksLooking at the options trading taking place today, three names jumping out due to unusual put volume are telecom concern Sprint Corp (NYSE:S), Dutch bank ING Groep NV (NYSE:ING), and solar issue JinkoSolar Holding Co., Ltd. (NYSE:JKS). Below is a breakdown of today's news and trading activity around shares of S, ING, and JKS. T-Mob...Read More
Calls continue to be the options of choice on I stockIntelsat SA (NYSE:I) surged 1,445% from its February 2018 intraday low at $2.44 to its Oct. 17 record high of $37.70. Since then, the stock has pulled back drastically, last seen trading at $18.50. Nevertheless, RBC said "this lower share price represents a great buying opportunity," and raised its rating on the communications satellite services...Read More
Zimbabwean Finance Minister Mthuli Ncube said a rule requiring local investors to control platinum mines will be scrapped and foreigners will be allowed to own 100% in a bid to revive investment."We are removing that indigenization rule, which is discouraging foreign direct investment," Ncube said in an interview with Bloomberg Television in Washington. "We say Zimbabwe is open for business; you c...Read More
Zimbabwean Finance Minister Mthuli Ncube said a rule requiring local investors to control platinum mines will be scrapped and foreigners will be allowed to own 100% in a bid to revive investment."We are removing that indigenization rule, which is discouraging foreign direct investment," Ncube said in an interview with Bloomberg Television in Washington. "We say Zimbabwe is open for business; you c...Read More
The U.S. trade deficit hit a 10-year highStocks are lower in afternoon trading, as investors continue to digest a lackluster ADP employment report and a 10-year high in the U.S. trade deficit. In addition, Wall Street continues to await news on U.S.-China trade talks, with President Donald Trump reportedly pushing for a resolution. At last check, the Dow Jones Industrial Average (DJI), S&P 500 Ind...Read More
Chilean state-run miner Codelco will continue to develop its lithium assets, including committing $57 million for further exploration, Chile's mining minister told Reuters, even as progress has stagnated at its flagship projects.The company, already the world's largest copper producer, has tried unsuccessfully in recent years to attract a partner to develop its lithium projects in Chile, stifled b...Read More
Cronos Group stock has more than doubled in 2019Cronos Group Inc (NASDAQ:CRON) stock has been red-hot in 2019, already more than doubling in value and nabbing a record high of $25.10 on Feb. 4. Today, CRON is taking a breather, last seen down 3.2% to trade at $22.30. If history is any guide, though, Cronos options traders may want to set their sights on more record highs for the weed stock.Specifi...Read More
ArcelorMittal has agreed to a provisional transportation deal with a Bosnian regional railway company, the steelmaker said on Wednesday, allowing production to resume at its iron ore mines in northwestern Bosnia.Production at the mine was halted after talks on the deal with the Zeljeznice RS railway company collapsed last week. Transportation of iron ore was also halted.ArcelorMittal, the world's...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), is pleased to announce the Company is demonstrating the Uniden (R) UV350 vehicle mounted cellular device integrated with AT&T Enhanced Push-to-Talk at the International Wireless Communication Expo (IWCE) in Las Vegas March 6-7 at the Uniden Cellular booth #648.Marc Seelenfreund CEO of Siyata Mobile...Read More
After weeks of carping at each other, representatives of Barrick Gold Corp. and Newmont Mining Corp. met on Tuesday. Just what happened remains unclear.A spokesman for Newmont called the meeting "productive and a good starting point." Barrick didn't immediately comment. The talk came a day after Newmont's board rejected Barrick's hostile takeover bid, and the target company's CEO said he'd be will...Read More
Greg Rickford, Minister of Energy, Northern Development and Mines for Ontario, and Bronwyn Eyre, Minister of Energy and Resources for Saskatchewan, released the following statement today regarding Bill C-69, legislation that threatens resource jobs across Canada:"The governments of Ontario and Saskatchewan held a roundtable discussion with industry leaders at the Prospectors and Developers Associa...Read More
MYL is trading back above its year-to-date breakeven levelMylan NV (NASDAQ:MYL) is up 1.3% to trade at $27.75, after Morgan Stanley upgraded the EpiPen maker to "overweight" from "equal weight," while trimming its price target to $35 from $39. The brokerage firm said the stock is trading nearly "historical valuation lows," and is running at a discount to its sector peers. This follows last week's...Read More
Saudi Arabia announced $20 billion in infrastructure and energy investments for the cash-strapped country of 200 million, which is currently on the brink of financial crisis.Many of the projects are located in Pakistan's impoverished and restive Balochistan region, which lies along the 565-mile border with Saudi arch-rival Iran.Natasha Turak| @NatashaTurakPublished 15 Hours AgoUpdated9 Hours AgoCN...Read More
The company plans to expand production at the campusThe shares of Tilray Inc (NASDAQ:TLRY) are up 1.8% at $78.29 this morning, after the company reported that its Portuguese division's medical cannabis harvest was a success. Tilray said it has plans to expand production at the facility, with campus personnel expected to double by the end of this year. The stock is set to break its three-day losing...Read More
Year-to-date the security has shed 9%Online travel name TripAdvisor Inc (NASDAQ:TRIP) is lower in early trading, down 5.4% at $49.48, after being slammed with a bear note from Cowen and Company. The firm downgraded its rating to "underperform" from "market perform," and sliced its price target to $40 from $50. In the note, Cowen called out TripAdvisor's weak start to the year, the stock's expensi...Read More
The brokerage waxed optimistic on VYGR's gene therapy-based drug candidatesThe shares of Voyager Therapeutics Inc (NASDAQ:VYGR) jumped out of the gate, after Cantor Fitzgerald initiated coverage with an "outperform" rating and a $27 price target -- a 52% premium to last night's close at $17.76. The brokerage firm said the company's gene therapy-based drug candidates for a number of central nervous...Read More