* EU imposes country-specific steel import quotas on Turkey* EU ops of ArcelorMittal, CMC set to benefit most* Turkish mills had already slashed output due to U.S. tariffsLONDON/ANKARA - The European Commission's move to extend its steel import restrictions threatens to force Turkish mills, already buckling under the weight of U.S. tariffs, to cut production further or in some cases close down, so...Read More

Getty ImagesNew factory orders hit a six-month high in January, the Philly Fed said. The numbers: The Philadelphia Fed manufacturing index rose to a seasonally adjusted reading of 17 from a two-year low of 9.1 in the prior month. Any reading above zero indicates improving conditions. Economists polled by EconoDay expected a 10 reading. What happened: Below the headline, the new orders index rose...Read More

MANILA - Philippines nickel ore miner, Global Ferronickel Holdings Inc, said on Thursday it aims to ship 5.7 million wet metric tonnes to China this year, in line with 2018, as China's cooling economy slows expected demand.Global Ferronickel also said it has signed a contract to sell 1 million wmt of ore to Baosteel, a unit of top steel manufacturer China Baowu Steel Group. It is also looking to s...Read More

Many Chinese carmakers have announced plans to start exporting to the U.S. but none of them has managed to crack the lucrative retail market. Kandi Technologies Group Inc. may become the first.The Nasdaq-listed company, which started making electric cars in 2013, plans to ship two of its models to the U.S. this year, Chairman and Chief Executive Officer Hu Xiaoming said in a telephone interview We...Read More

Kirk Woodman, vice-president of exploration for Vancouver-based private gold explorer Progress Minerals, was found dead on Jan. 16 in rural Burkina Faso, after having been abducted a day earlier by as-yet unidentified individuals.According to a statement by Burkina Faso minister of foreign affairs Alpha Barry, Woodman was kidnapped near the village of Tiabangou at the Bira Trend exploration site...Read More

Kirk Woodman, vice-president of exploration for Vancouver-based private gold explorer Progress Minerals, was found dead on Jan. 16 in rural Burkina Faso, after having been abducted a day earlier by as-yet unidentified individuals.According to a statement by Burkina Faso minister of foreign affairs Alpha Barry, Woodman was kidnapped near the village of Tiabangou at the Bira Trend exploration site...Read More

Morgan Stanley's earnings misstep weighed on stocks early onThe Dow Jones Industrial Average (DJI) hasn't recovered from this morning's Morgan Stanley (MS) earnings disappointment, but has pared its loss to just over 20 points at midday.Anxieties over China's economy and U.S.-China trade relations also weighed on stocks early on.The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) have both tur...Read More

VFC will report earnings before the open tomorrowEarnings season is hitting high gear, and one of the first retail names due up is VF Corp (NYSE:VFC), scheduled to report its fiscal third-quarter earnings before the open tomorrow, Jan. 18. VFC is known for making volatile moves after its quarterly reports, and the options market is expecting more of the same in Friday's session.Specifically, Trad...Read More

The oil stock was heavily shorted at the end of 2018Subscribers to our Schaeffer's Weekly Options Trader service recently won big with the Continental Resources, Inc. (NYSE:CLR) weekly 1/11 37-strike calls. Here's a quick look at what initially drew us to CLR, and how the successful bullish options trade unfolded.When we recommended the call on Thursday, Dec. 27, the energy stock was fresh off a s...Read More

Mizuho is bullish on this company's exposure to 5GNomura Instinet upgraded NXP Semiconductors NV (NASDAQ:NXPI) to "buy" from "neutral," and maintained its $95 price target -- a 21.3% premium to last night's close at $78.34. The analyst in coverage said valuation is appealing after the chip stock's recent sell-off, and traders are "underappreciating an attractive end-market mix." Likewise, CrispIde...Read More

In a new leak that can be accurately labeled "the smoking gun," Google has been busted manipulating search results on YouTube in order to manipulate social behaviors and control minds...Read full newsRead More

AUSTIN, TEXAS - Emerson today introduced the Performance Learning Platform, a portable and compact automation technology training solution that enables hands-on training to prepare workers to maintain their plant safely and efficiently. The platform reinforces the competencies essential to fostering digital transformation and helps close the workforce skills gap as the Industrial Internet of Thing...Read More

USDCHF, "US Dollar vs Swiss Franc" As we can see in the H4 chart, USDCHF is consolidating. In this case, the price is expected to rebound from the 5/8 level and fall towards the support at the 3/8 one. Risk Warning: the result of previous trading operations do not guarantee the same results in the future The lines in the H4 and H1 charts are completely the same and confirm the scenario...Read More

An eco-friendly heating technology created by Saiterm is changing the way homeowners stay warm over winter. Based in Amsterdam, the heating technology firm has patented "Spring", an infrared system that aims to render traditional gas boilers and electric heaters things of the past.With Spring's infrared heating technology, homeowners can turn up the heat, reduce carbon emissions and radically cut...Read More

Put buying on SIG surged in recent weeksSignet Jewelers Ltd. (NYSE:SIG) is one of the biggest losers on Wall Street this morning. The stock was last seen trading down 23.2% at $25.63 -- fresh off a nine-year low of $25.51 -- after the company cut its fourth-quarter and full-year forecasts due to a weak holiday season. One reason given for the poor performance was a sharp drop in traffic at brick-a...Read More

These S&P stocks tend to stand out in the short holiday weekNext week will be a short one for traders, as U.S. equity markets will be closed on Monday, Jan. 21, in honor of Martin Luther King Jr. Day. The federal holiday is observed on the third Monday of each calendar year -- to roughly coincide with the late Dr. King's birth date of Jan. 15 -- and 2019 will mark the 21st year that the stock mark...Read More

The shares are set for their best day in monthsThe shares of Adamis Pharmaceuticals Corp (NASDAQ:ADMP) have added 11.2% to trade at $2.92 in early market trading, on the U.S. launch of the company's allergy treatment, Symjepi. The drug -- launched by commercial partner Sandoz -- will directly compete with pharma company Mylan's (MYL) popular EpiPen. The jump has ADMP stock pacing for its third str...Read More

Gold mining veteran Rob McEwen is nothing if not optimistic.The founder of Goldcorp Inc. is sticking with his bold prediction that the precious metal will soar almost fourfold to $5,000 an ounce, bolstered by a weaker dollar and waning demand for trendy assets like pot stocks."Once people get over buying cryptos and biotech and cannabis stocks they're going to start looking at gold again," the chi...Read More

"Orocobre's outgoing CEO says there won't be an immediate uptick in #lithium prices. The company said last month it was getting US$10k/t for its lithium carbonate ($) | https://t.co/mhZXGdTouS $ORE #ASX"Read full newsRead More

LONDON - The London Metal Exchange (LME) will launch seven new cash-settled futures contracts on March 11, including hot-rolled coil (HRC) steel and alumina, it said on Thursday.The exchange, the world's oldest and largest market for industrial metals, also said in a statement that it expected to launch a lithium contract in the fourth quarter."We believe that these new cash-settled contracts... w...Read More