The shares have been trending lower since AugustThe shares of DowDuPont Inc (NYSE:DWDP) were trading near $72 in late August, before falling all the way down to the $51.32 by Oct. 26. A rebound from here quickly stalled out near DWDP's 40-day moving average, and the shares found their way to a record low of $48.89 on Dec. 26. The equity has since rallied back up to this key trendline, and history...Read More

HighService Service team on siteMetso has agreed to acquire HighService Service, the service business of the Chilean mining technology and maintenance provider HighService Corp.HighService Service is a high-quality service provider for the mining industry, with operations in Chile, Argentina and Brazil. Its sales in the fiscal year 2017 were 60 million euros and it has 1,300 employees."The acquisi...Read More

Healthcare stocks are in focus amid a big industry conference and M&A newsThe Dow Jones Industrial Average (DJI) is moving cautiously higher today, as stocks look to extend Friday's Fed-led rally. U.S.-China trade relations are still in the spotlight, as leaders meet this week to discuss a possible agreement. FAANG stocks Netflix (NFLX) and Amazon (AMZN) are among the notable gainers today, with t...Read More

In response to customer requests, Sandvik Mining and Rock Technology is expanding its Ranger?,,? DX series of surface top hammer drill rigs with two non-cabin Ranger?,,? DXR versions for improved safety in the toughest quarry and construction applications.Ranger DX series of surface top hammer drill rigs, suited for construction applications, quarries and open pit mines is now expanded with two ne...Read More

Tesla options have been popular in recent weeks Tesla Inc (NASDAQ:TSLA) made headlines today after the company broke ground at its Shanghai gigafactory, where it plans to produce its Model 3 vehicle by the end of the year. At the same time, Barclays chimed in on the stock, noting that any falloff in Model 3 U.S. delivery numbers could be offset by strong European sales, though it kept its bearish...Read More

In the largest coal-producing state in the U.S., a Hitachi EX2500-6 carries a heavy workload at Peabody's Rawhide Mine.Bringing down a 60-degree, 180-foot highwall is just part of the daily workload for a Hitachi EX2500-6 at Peabody's Rawhide Mine, a thermal coal surface mine located 10 miles north of Gillette, Wyo."The Hitachi EX2500-6 excavator is used to bring down the highwall in the pit," sai...Read More

A constant stream of pure oxygen is vital for many functions, too little or run out of this necessity puts lives in danger, which is why a leading global manufacturer of gas process systems is urging industrial users to jettison conventional containers and replace them with the safest, latest on-site oxygen generating technology.Australia-based Oxair says that having a constant supply of high puri...Read More

The company made the announcement at the J.P. Morgan Healthcare ConferenceBausch Health Companies Inc (NYSE:BHC) is among the healthcare stocks making noise today. At the closely watched J.P. Morgan Healthcare Conference, Bausch said it expects an increase in year-over-year revenue in 2019, sending BHC stock 6.4% higher to trade at $22.61. What's more, BHC call options are flying off the shelves t...Read More

Steel producer Nucor Corp said on Monday it would spend about $1.35 billion to build a plate mill in the U.S. Midwest, taking advantage of federal tax cuts that has resulted in windfall gains for several companies.Nucor is also benefiting from higher steel prices for domestic producers due to tariffs imposed on imports by the Trump administration last year.The new mill, which is expected to be ful...Read More

* Reserves fall $67.24 bln in 2018, vs gain of $129.4 bln in 2017* Reserves rise $11 bln in Dec to $3.073 trln, slightly top f'cast* Trade deal hopes, softer dollar offer some respite for yuan* Forex regulator expects reserves to be generally stable in 2019BEIJING - China's annual foreign exchange reserves fell for the third time in four years in 2018 as the yuan came under strong selling pressure...Read More

Sibanye Gold Ltd. said a protracted strike at its South African gold mines may hurt earnings at a time when the producer remains under pressure to reduce debt.Thousands of workers started a strike in November over pay, and there's inconsistent output at three mines amid limited operations, spokesman James Wellsted said, without saying how many workers are showing up. Sibanye is assessing the impac...Read More

The pharma stock has been in a long-term uptrendBuyout news has dominated the pharmaceutical sector in early 2019, with Eli Lilly and Co (NYSE:LLY) the latest name to announce a big purchase. Specifically, the Indianapolis firm said it was buying cancer drug specialist Loxo Oncology for $8 billion in cash, or $235 per LOXO share. While LOXO stock has jumped 66.4% to trade at $232.72, LLY shares ar...Read More

Sibanye Gold Ltd. said a protracted strike at its South African gold mines may hurt earnings at a time when the producer remains under pressure to reduce debt.Thousands of workers started a strike in November over pay, and there's inconsistent output at three mines amid limited operations, spokesman James Wellsted said, without saying how many workers are showing up. Sibanye is assessing the impac...Read More

After a hiatus of more than two years, China is adding to its gold reserves again. The People's Bank of China increased holdings to 59.56 million ounces by the end of December, or about 1,853 metric tons, from 59.24 million ounces previously, according to data on the central bank's website. They had been unchanged since about 130,000 ounces were added in October 2016.The world's biggest producer a...Read More

"Read full newsRead More

H.C. Wainwright expects even bigger gains aheadThe shares of penny stock Axsome Therapeutics Inc (NASDAQ:AXSM) are up a whopping 164.4% at $6.95 in early trading, after the company's experimental depression drug, AXS-05, realized its main goal in a mid-stage trial. AXSM is now enjoying one of the biggest gains among U.S. stocks, and touched a two-year high of $7.24 out of the gate. AXSM took a be...Read More

Options traders have remained upbeat on SPOT stockSpotify Technology SA (NYSE:SPOT) shares are under pressure following at least four bearish brokerage notes. The stock this morning was hit with price-target cuts at Guggenheim, Deutsche Bank, Stifel and Nomura, which set their respective marks at $120, $135, $170, and $188. Most analysts are still bullish on SPOT, though, with 16 of 22 handing out...Read More

After a dismal 2018, Canadian stocks as tracked by the mid-cap oriented INK Canadian Insider (CIN) Index are off to a happy start in the New Year with the index advancing 1.6% in the first three trading days of 2019. With the experience of last October fresh in our minds when Canadian stocks jumped at the start of the month, only to swoon in the following weeks, we are hesitant to make too much o...Read More

* SMB says costs are "higher and higher"* ITSCI not immediately available for comment* Rwandan miners also complain of costLONDON - Congo's biggest miner of coltan, an ore that is the source of metals used in mobile phones, says it is leaving the ITSCI certification scheme, relied on by major companies as a guarantee that minerals are free from human rights abuses.Societe Miniere de Bisunzu (SMB),...Read More

Short interest has picked up at a rapid pace recentlyThe shares of PG&E Corporation (NYSE:PCG) are down 18.7% in electronic trading, after Reuters reported the California utility company was exploring a bankruptcy filing. The move would be a contingency plan to help manage the costs from insurance liabilities incurred from massive wildfires in November and in 2017. Should today's premarket pric...Read More