AT&T's fourth quarter revenue missed estimatesStocks are confidently higher today, as investors await the latest Fed statement later today. Mining stock Cleveland-Cliffs Inc (NYSE:CLF) and pharma stock Eyenovia Inc (NASDAQ:EYEN) are soaring, while telecom giant AT&T (NYSE:T) is struggling. Below, we'll take a look at what's moving the shares of CLF, EYEN, and T.Soaring Iron Ore Prices Power CLF Su...Read More
A positive earnings reaction next week could lift the sharesJanuary has been kind to the stock market so far, with the S&P 500 Index (SPX) on pace for a monthly gain of more than 6% -- set for its best month since March 2016. What's more, February could be even kinder to a handful of SPX stocks, if recent history is any indicator. Below we outline the 25 best stocks to own in February, including A...Read More
But will it consider cutting prices for iPhones sold in the US?Read full newsRead More
In today's INK Research US market comments, we noted that insiders in the American insurance industry were an upbeat bunch, in stark contrast to the Utilities sector insiders who remained on the canvass following the December drop in the Utilities SPDR ETF (XLU). As we wrote, it is probably a reasonable assumption to make that at least part of insider behaviour towards those two groups incorpor...Read More
VVC Exploration Corporation (TSXV:VVC) ("VVC" or the "Company") is pleased to provide a summary of final results from the 2017/2018 diamond drilling program at Company's Samalayuca Copper project in Northern Chihuahua state, Mexico (the "Property"). Read full newsRead More
Ivanhoe Mines has drilled what it's calling an "unprecedented" intersection in a shallow, flat lying deposit at the Kamoa North exploration area on its 397 sq. km Kamoa-Kakula mining license.The company cut 13.05% copper over 22.25 metres from 219 metres downhole at a 2% copper cut off grade in a deposit that begins 190 metres below surface. At a 5% copper cut off grade, the intersection cut 15....Read More
Ivanhoe Mines has drilled what it's calling an "unprecedented" intersection in a shallow, flat lying deposit at the Kamoa North exploration area on its 397 sq. km Kamoa-Kakula mining license.The company cut 13.05% copper over 22.25 metres from 219 metres downhole at a 2% copper cut off grade in a deposit that begins 190 metres below surface. At a 5% copper cut off grade, the intersection cut 15....Read More
Last quarter AMZN shed 7.8% the day after earningsAmazon.com, Inc. (NASDAQ:AMZN) will be reporting earnings after the close tomorrow, Jan. 31, and the stock will look to avoid a second straight post-earnings slide. For instance, the shares fell 7.8% the day after earnings last quarter, their largest single-day earnings loss in at least two years. In fact, AMZN hasn't moved lower the day after earn...Read More
Osisko Metals (TSXV: OM) has released new drill results from its high-grade, large tonnage and near-surface Pine Point zinc-lead deposit on the south shore of Great Slave Lake in the Northwest Territories.Pine Point contains 38.4 million inferred tonnes grading 4.58% zinc and 1.85% lead (6.58% zinc-equivalent) for 3.9 billion pounds of contained zinc and 1.6 billion pounds of lead.Highlights inclu...Read More
"IAMGOLD (TSX:IMG,NYSE:IAG) intends to delay the construction of its C??t?(C) gold project in Ontario as it waits for improved market conditions. https://t.co/WzLWHRYS9Q @IAMGOLDcareers #gold #investing #INN"Read full newsRead More
"Argonaut Gold (TSX:AR) has been given the green light by the Canadian federal government for its Magino gold project in Ontario. https://t.co/qH9eEATXIh #ArgonautGold #preciousmetals #gold #investing #INN"Read full newsRead More
Fort McMurray, the remote Canadian town largely built by the oil-sands industry, is trying to limit the ability of those companies to fly in out-of-town workers.The town that sits in the middle of the world's third-largest crude reserves is drafting a bylaw to limit the construction of temporary worker housing known as man camps, as it seeks to push producers to hire locally or have workers settle...Read More
Wall Street is still soaring on positive earnings reports from Boeing and AppleThe Dow Jones Industrial Average (DJI) is still skyrocketing on this morning's Apple (AAPL) and Boeing (BA) earnings wins, up more than 300 points. Looking ahead,Facebook (FB) and Microsoft (MSFT) are among the notables reporting after the bell -- both of which are up at midday. Meanwhile, ahead of Friday's January job...Read More
Aurubis AG, Europe's biggest copper producer, on Wednesday named Roland Harings as its new CEO.Harings has been CEO of MKM Mansfelder Kupfer und Messing, a German manufacturer of copper semi-finished products, since 2014.Harings takes over at Aurubis on July 1, replacing current CEO Juergen Schachler, the company said. Aurubis announced in December that Schachler would leave the group when his con...Read More
Aurubis AG, Europe's biggest copper producer, on Wednesday named Roland Harings as its new CEO.Harings has been CEO of MKM Mansfelder Kupfer und Messing, a German manufacturer of copper semi-finished products, since 2014.Harings takes over at Aurubis on July 1, replacing current CEO Juergen Schachler, the company said. Aurubis announced in December that Schachler would leave the group when his con...Read More
Retail stocks have rallied off their December lowsThe retail sector rallied hard off its December lows, as evidenced by a 15% rally in the SPDR S&P Retail ETF (XRT) from its Dec. 24 bottom. However, the rally over the past several weeks has a number of retail stocks trading near trendlines that have preceded a leg lower on the charts, including department store name Kohl's Corporation (NYSE:KSS) a...Read More
The Dow stock has pulled back to a trendline with bullish implicationsBlue chip Visa Inc (NYSE:V) takes its turn in the earnings confessional after the close tonight, hoping to follow in the footsteps of fellow Dow names Apple (AAPL) and Boeing (BA). Ahead of the credit card company's quarterly report, Visa is flashing a bullish signal, if past is precedent. More specifically, V is trading with...Read More
As the cryptocurrency space has evolved, adopters and endorsers have tried to frame bitcoin and other digital assets as credible stores of value and potential alternatives to traditional safe-haven assets - including precious metals. Over bitcoin's just over a decade of life, some market observers have compared the largest cryptocurrency by market value to gold, but some gold analysts see things...Read More
Many participants worry that gold's extended rally has maxed out.The recent abundance of geopolitical uncertainties suggests otherwise.Silver is also confirming gold's rally, which is a positive factor.Has gold overshot its near-term upside potential after its latest Brexit-inspired rally? While some analysts would answer in the affirmative, I would argue that there are still reasons for b...Read More
* Power firm Eskom facing financial crisis* Government debating whether to split firm* Miners say Eskom's tariffs erode competitivenessSouth African miners support a restructuring of struggling state power firm Eskom to boost competition in the electricity supply industry, an industry body said on Wednesday, warning that tariff hikes alone would not solve Eskom's problems.Top government officials...Read More