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

Rescue teams on Wednesday saved the last miner missing after an earth tremor struck a copper mine near the Polish town of Rudna, 70 miles east of the German border, the mine's owner said.KGHM Polska Miedz initially reported 14 miners missing after the tremor hit the mine early on Tuesday afternoon, 770 metres below the earth's surface. All but one of the miners were found on Tuesday. Some had suff...Read More

Rescue teams on Wednesday saved the last miner missing after an earth tremor struck a copper mine near the Polish town of Rudna, 70 miles east of the German border, the mine's owner said.KGHM Polska Miedz initially reported 14 miners missing after the tremor hit the mine early on Tuesday afternoon, 770 metres below the earth's surface. All but one of the miners were found on Tuesday. Some had suff...Read More

ArcelorMittal's application to bid for the Bosnian government's stake in the Ljubija iron ore mine has been rejected over procedural issues, prompting the world's largest steelmaker to warn of risks to the future of mining in the area.ArcelorMittal owns a steel plant in the central Bosnian town of Zenica where it processes iron ore from its mines in Prijedor in the north of the country.The governm...Read More

SNC-Lavalin Group Inc. won't reveal the location of a "serious problem" in its mining business that fueled an epic share rout Monday. But analysts are pointing the finger at Chile.AltaCorp Capital, Desjardins Capital Markets, Canaccord Genuity and Raymond James say a copper mine run by Codelco, Chile's state-owned copper producer, is the probable source of SNC's pain. SNC Chief Executive Officer N...Read More

Increased demand for battery materials used in electric vehicles has reignited interest in the mining sector now that the China-induced supercycle in commodities demand is levelling off.But if you rely on forecasts of EV take-up from the US Energy Information Administration, you may well wonder what the hype is about.The EIA Energy Outlook 2019, released last week, foresees uptake of electric vehi...Read More

Top iron ore producer Vale's decision to decommission its upstream tailings dams following the deadly dam burst on Friday at its facility in C??rrego do Feij??o, Brazil has lit a fire under iron ore prices.The Chinese import price of 62% Fe content ore jumped 5% on Wednesday to trade at $82.53 per dry metric tonne, according to data supplied by Fastmarkets MB. The price of the steelmaking raw mate...Read More

The shares are pacing for their worst day everThe shares of AC Immune SA (NASDAQ:ACIU) are down 68.3% at $3.40, after the company and partner Roche said they're halting late-stage trials of Alzheimer's drug crenezumab. The medical research concern said the drug would likely fail to meet its primary goal. ACIU stock is now plumbing new record lows -- dropping to $3.34 earlier -- and on pace for its...Read More

The chipmaker's Q4 profit was in-line with estimates, while revenue fell shortAdvanced Micro Devices, Inc. (NASDAQ:AMD) reported fourth-quarter adjusted profit of 8 cents per share -- in line with estimates -- while revenue of $1.42 billion fell just short of the forecast. However, the chipmaker said data center sales surged 8.5% in the three-month period to a record $986 million, and upped its 20...Read More

United Nations human rights experts called for an urgent and impartial investigation on Wednesday into the collapse of Vale's tailing dam in Brazil, which killed at least 99 people, as well as into the toxicity of the mining waste, which is now heading towards a river that provides drinking water to communities in five of the country's 26 states.The tailings dam used at Vale's C??rrego do Feij??o...Read More

Venezuelan lawmaker Jose Guerra dropped a bombshell on Twitter Tuesday: The Russian Boeing 777 that had landed in Caracas the day before was there to spirit away 20 tons of gold from the vaults of the country's central bank.The claim set off a welter of social media speculation and outrage. When asked how he knew this, Guerra provided no evidence.Just another outlandish comment from a lawmaker try...Read More

A few simple tools can help anyone make smarter trades.It used to take years of practice and hours of research to consistently make winning trades in the stock market, but nowadaysfinding profitable trades shouldn't have to be a full-time job. In fact, trading like a pro can really be as easy as 1-2-3, with the right tools and technology!According to one company, there's a simple recipe that can...Read More

ZNGA has already added 14.5% in 2019The shares of Zynga Inc (NASDAQ:ZNGA) are up 1.8% to trade at $4.50 this morning, after Goldman Sachs initiated coverage on the game developer with a "buy" rating and $5.30 price target. This comes as Zynga prepares to report its fourth-quarter earnings next Wednesday, Feb. 6. Goldman's price target represents 20% upside from ZNGA's closing perch yesterday of...Read More