De Beers made steep cuts in the prices of low-quality stones at its sale this week, according to people familiar with the situation.The world's biggest producer reduced prices as much as 10 percent for low-quality stones, said the people, who asked not to be identified because the sales are private. It's the latest sign that the bottom end of the market is in turmoil. The business of low-end diamo...Read More

Standard Lithium Ltd said on Monday it had signed an agreement with Lanxess AG t...Read full newsRead More

Even in the wake of impressive year-over-year revenue growth, ACB is strugglingShares of Aurora Cannabis Inc (NYSE:ACB) are down 2.6% at $7.10, erasing early gains, despite the pot company's impressive fiscal first-quarter earnings announcement. ACB said quarterly revenue increased 260% year-over-year, even though the quarter concluded before the Oct. 17 legalization of recreational marijuana use...Read More

WASHINGTON (Reuters) - U.S. President Donald Trump on Monday urged Florida election officials to abandon recount efforts, declare his fellow Republicans the winners and, without evidence, cast doubt on vote tallies as state officials scrambled to review more than 8 million ballots by a Thursday deadline.Leads by the Republican candidates in two key contested races - one for a seat in the U.S. Sena...Read More

Here we go again...Read full newsRead More

Most analysts are already bullish on the nameStifel raised its rating on Pebblebrook Hotel Trust (NYSE:PEB) to "buy" from "hold," and raised its price target on the real estate investment trust (REIT) to $38 from $37 -- an 11.2% premium to last Friday's close. The brokerage firm pointed to an attractive entry point following recent stock market volatility, and that it expects the shares to outperf...Read More

(Reuters) - General Electric Co (GE.N) Chief Executive Officer Larry Culp said on Monday the company was saddled under too much debt and would urgently sell assets to pay off debt, sending its shares down 8 percent.“We have no higher priority right now than bringing leverage levels down,” Culp said in an interview with CNBC. “We have plenty of opportunity to do that through asset...Read More

Nov 12 (Reuters) - Canada's main stock index fell on Monday, weighed by losses in shares of precious metal miners as gold prices hit its lowest in a month.* Gold fell for a seventh straight session, as the dollar jumped to 16-month highs on the back of political uncertainty in Europe and the U.S. Federal Reserve's hawkish stance on interest rates.* The materials sector, which includes precious and...Read More

KHARTOUM (Reuters) - Many cash machines in the Sudanese capital have run out of banknotes as the government scrambles to prevent economic collapse with a sharp devaluation and emergency austerity measures.Rising demand for cash due to inflation, lack of trust in the banking system and the central bank’s policy of restricting the money supply to protect the Sudanese pound have all contributed...Read More

Standard Lithium Ltd said on Monday it had signed an agreement with Lanxess AG to build a pilot plant that will process lithium from Arkansas brine, part of an ongoing study on whether to develop a joint venture to produce the white metal.The pair aim to eventually produce lithium - a key component of electric car batteries - on a mass scale from brine that is a byproduct of existing bromine produ...Read More

The beauty stock gapped lower last week after earningsBeauty supply concern Coty Inc (NYSE:COTY) is up 1.8% at $8.65 in early trading, after the company announced the immediate resignation of CEO Camillo Pane, citing family reasons. A number of other corporate-level changes were also revealed, including a new chairman of the board, and the addition of two new and independent board members. Today'...Read More

(Kitco News) -Money managers trimmed theirbearish positioning in gold during the most recent reporting week for datacompiled by the Commodity Futures Trading Commission, although these accountshave likely reversed course since and are accumulating bearish positions again,analysts said.During the week-long period toNov. 6 covered by the report, Comex December gold gained $1 to $1,226.30 anounce, wh...Read More

(Kitco News) - Money managers trimmed their bearish positioning in gold during the most recent reporting week for data compiled by the Commodity Futures Trading Commission, although these accounts have likely reversed course since and are accumulating bearish positions again, analysts said.During the week-long period to Nov. 6 covered by the report, Comex December gold gained $1 to $1,226.30 an ou...Read More

AMRN boasts a more than 400% gain in 2018The shares of Amarin Corporation (NASDAQ:AMRN) are down 10.6% to trade at $18.82 this morning, after an update on the pharmaceutical name's heart disease drug Vascepa. Data from a clinical trial showed the drug was effective in reducing cardiovascular risks, but some investors have suggested the placebo used in the study may have exaggerated the positive...Read More

ArcelorMittal Temirtau, a Kazakh unit of the world's largest steelmaker, said on Monday it would take a month to restore output at its steel mill after an incident on Saturday prompted a partial suspension of operations.ArcelorMittal Temirtau, Kazakhstan's biggest steel mill, said at the weekend that several gas pipelines had been damaged after a fire broke out at the plant."I think that the recov...Read More

Russian gold and silver producer Polymetal has begun construction at its new Nezhda gold mine in eastern Siberia, which will contribute to its dividends in 2022, it said on Monday.The London-listed firm, part-owned by businessman Alexander Nesis, is starting this new project with pre-production capital expenditures estimated at $234 million a few months after it launched its Kyzyl mine in Kazakhst...Read More

Russian gold and silver producer Polymetal has begun construction at its new Nezhda gold mine in eastern Siberia, which will contribute to its dividends in 2022, it said on Monday.The London-listed firm, part-owned by businessman Alexander Nesis, is starting this new project with pre-production capital expenditures estimated at $234 million a few months after it launched its Kyzyl mine in Kazakhst...Read More

PARIS (Reuters) - Canadian intelligence officers have listened to Turkish recordings of what happened to Saudi journalist Jamal Khashoggi, Prime Minister Justin Trudeau said on Monday, adding that he was discussing with allies what next steps should be taken.Khashoggi, a critic of Saudi Crown Prince Mohammed bin Salman, was killed at the kingdom’s Istanbul consulate by a team sent from Riyad...Read More

(Reuters) - Equity traders on Wall Street are expected to take home the biggest bonuses this year as a surge in volatility boosted client activity, but 2019 may not be as rosy, compensation firm Johnson Associates Inc said on Monday.The firm listed a number of challenges, including geopolitical and business challenges, falling fees, and technology disruptions, that could have a major impact on com...Read More

Could this biotech bet bank you 1,700% profit?Contributed by Raging BullBig pharma isn't what it use to be and investors are wondering what the future holds for the Goliaths of the industry.Kyle Dennis, one of the most well known up and coming traders, saw this shift happening when others didn't. Years ago, he began to place a heavy emphasis on small-cap biotech stocks he saw enormous upside for a...Read More