The Shanghai customs authority foundRead full newsRead More
Great Panther Mining Limited (TSX: GPR; NYSE American: GPL) (Read full newsRead More
The activist investor lowered his exposure to the car rental nameHertz Global Holdings Inc (NYSE:HTZ) stock is down 13.5% today at $17.29, after a Securities and Exchange Commission (SEC) filing revealed Carl Icahn cut his stake in the car rental name to 28.91% from 35.27%. This follows yesterday's after-the-close buzz that Morgan Stanley re-offered 5 million HTZ shares for $19.60-$19.65 -- a disc...Read More
Barrick Gold Corp's top shareholder said on Tuesday the miner should focus on striking a joint venture deal in Nevada with rival Newmont Mining Corp before considering a full-blown merger."My preference is a joint venture," Joe Foster of the Van Eck International Investors Gold Fund, said in a phone interview. "I don't flat out oppose a merger. If a merger is the only way to unify Nevada then mayb...Read More
AAII bears have gone into hibernation modeJust a few short weeks ago, the majority of American Association of Individual Investors (AAII) respondents considered themselves bearish on the stock market. However, in the wake of the epic 2019 rally thus far, AAII bears have gone into hibernation, now accounting for just 20% of respondents. That's a bearish exodus Wall Street hasn't seen since 2009, ac...Read More
Powell’s testimony before the Congress is behind us. The ECB meeting is ahead of us. Will Draghi support the gold prices after recent declines? Gold Falls Below $1,300 Gold bulls might be disappointed. The upward trend apparently ended. As one can see in the chart below, gold fell below $1,300 on Friday. Chart 1: Gold prices from March 1 to March 4, 2019 The decline surprised many people. H...Read More
"Yield Growth (@yieldgrowth) (#CSE: $BOSS | #OTCQB: $BOSQF) Healthy Planet Canada, an Independent #Health & #Wellness Co. with 24 Ontario Retail Locations, Will Stock and Sell Urban Juve Products [https://t.co/NhApZ0AU67]#investing #stocks #stockmarket #trading #investors #news"Read full newsRead More
Jefferies just started coverage with a "buy" rating and a $10 price targetThe shares ofMarinus Pharmaceuticals Inc (NASDAQ:MRNS) are popping today after Jefferies initiated coverage on the penny stock with a "buy" rating and a $10 target price -- nearly three times yesterday's close at $3.56. The brokerage firm believes the pharma company's Phase II postpartum depression data could spark a rally u...Read More
With the global race to secure lithium heating up in 2016, Chile's president Michelle Bachelet wanted to be sure her country seized the moment. Home to half the world's lithium reserves, Chile tapping its state-run miner Codelco to ramp up production seemed a sure bet.Chile's most trusted public enterprise, she said, could hunt for private partners to help it mine its own lithium for the good of a...Read More
Commodity trader and miner Glencore has hired Daniel Liu, a former Singapore-based trading manager at Goldman Sachs, to join its derivatives desk in Singapore, several sources with knowledge of the matter told Reuters on Tuesday.Liu is due to start his new role at Glencore Asia soon and will cover oil and natural gas derivatives, according to two of the sources.Liu has traded fuel oil derivatives...Read More
Target reported its best traffic growth in yearsStocks are cautiously higher in afternoon trading, with the Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) a hair above breakeven, at last check. Traders continue to await news regarding a U.S.-China trade deal, and this morning digested a cuteconomic growth target from Beijing. Elsewhere, Wall Street is applaud...Read More
Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More
NFLX just pulled back to a trendline with historically bullish implicationsWhile Alphabet (GOOGL) climbs in the wake of a big bull note, fellow FAANG name Netflix, Inc. (NASDAQ:NFLX) has tapered off recently, currently mired in a four-day losing streak. However, this pullback could have bullish implications for NFLX, if history is any guide.More specifically, Netflix stock closed yesterday near i...Read More
After nearly 20 years of wrangling, a group of Nahua Indian villagers could make legal history in Mexico this month when a court rules on a land dispute involving a Canadian miner.A lawyer for villagers of Tecoltemi in the central Mexican state of Puebla said it was the first time a court would rule on whether the country's mining law - which gives priority to mining activities over other land use...Read More
After nearly 20 years of wrangling, a group of Nahua Indian villagers could make legal history in Mexico this month when a court rules on a land dispute involving a Canadian miner.A lawyer for villagers of Tecoltemi in the central Mexican state of Puebla said it was the first time a court would rule on whether the country's mining law – which gives priority to mining activities over other la...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
After more than a week of tough talk firing back and forth, the leaders of the two biggest gold producers are finally coming to the table.Newmont Mining Corp. Chief Executive Officer Gary Goldberg said he will be meeting with Barrick Gold Corp.'s Mark Bristow later Tuesday in New York to talk through their differences. However, he said in a Bloomberg TV interview that he won't be discussing Barric...Read More
South Africa's AngloGold Ashanti (JSE:ANG) (ASX:AGG) (NYSE:AU) is selling its stake in Northern Colombia Holdings to Royal Road Minerals (TSX-V:RYR) as it looks to focus on its other local exploration projects, which have longer shelf life and the ability to deliver higher returns.The company said the sale includes mining concession agreements covering approximately 36,000 hectares and the rights...Read More
In the classic John Huston film "Treasure of the Sierra Madre," a group of gold prospectors strike it rich before squandering their good fortune in a tangle of greed, distrust, murder and paranoia.Something similar is happening to Barrick Gold Corp. and Newmont Mining Corp. in Nevada. Disagreements about how to manage and develop what's arguably the world's best-endowed area of gold deposits look...Read More
Target CEO Brian Cornell cited impressive holiday sales Target Corporation (NYSE:TGT) is higher in early trading, after the company reported an impressive fourth-quarter earnings report and raised its full-year outlook. In the earnings release, CEO Brian Cornell noted the company's traffic and comparable sales grew at the fastest rate in over a decade. In response, TGT is up 3.7% at $75,35, at las...Read More