Only one senior Nutrien Ltd. executive lives in Saskatchewan, but the potash company could still be getting heavily subsidized for maintaining head office jobs in the province.Despite being the only province with a potash industry, Saskatchewan subsidizes head-office jobs for potash companies. Deductions on potash profit taxes are offered at a rate of $25,000 per head, per year. For "new" corporat...Read More
Only one senior Nutrien Ltd. executive lives in Saskatchewan, but the potash company could still be getting heavily subsidized for maintaining head office jobs in the province.Despite being the only province with a potash industry, Saskatchewan subsidizes head-office jobs for potash companies. Deductions on potash profit taxes are offered at a rate of $25,000 per head, per year. For "new" corporat...Read More
(Reuters) - The S&P 500 hit a three-week low on Tuesday as weak results and forecasts from a bunch of retailers including Target and Kohl’s fanned worries about holiday season sales, while tech stocks continued to slide on concerns about iPhone sales.Apple Inc’s APPL.O 3.8 percent fall added to the pressure as the stock that led the market through much of its bull run opened at its...Read More
COPENHAGEN (Reuters) - Denmark pledged to improve legal protection for whistleblowers after a British man who helped expose alleged money laundering at Danske Bank, spoke publicly for the first time.In a widening scandal, authorities in Denmark, Estonia, Britain and the United States are investigating payments totaling 200 billion euros ($228.5 billion) made through the tiny Estonian branch of Den...Read More
(Reuters) - Shares of Nvidia Corp reversed course after markets opened to gain about 2.5 percent on Tuesday after shortseller Citron Research said it has bought the chip designer's stock."Citron buys $NVDA. This is the first time in 2 years stock offers an appealing risk-reward to investors. $NVDA still a player in AI and Data...will eat through inventory issue. We see $165 before we see 120," Cit...Read More
LONDON (Reuters) - Investment bank Goldman Sachs said on Tuesday that it expected emerging market shares, currencies and bonds to see a modest rebound next year.“We expect modest positive returns across the major EM indices next year, albeit with low risk-adjusted returns,” analysts at Goldman said in a 2019 outlook report.They forecast that emerging market equities would see the bigge...Read More
OTTAWA (Reuters) - The Canadian air force is increasingly running short of combat-capable fighter jets and pilots and government attempts to address the problem have only made it worse, the nation’s top watchdog said on Tuesday.The report by Auditor General Michael Ferguson is the latest blow to a decade-long and trouble-plagued attempt by successive administrations to replace Canada’s...Read More
92 Resources (TSXV: NTY; US-OTC: RGDCF) recently acquired the 37 sq. km Silver Sands vanadium project in Pine Pass, eastern British Columbia, by paying $15,000 in staking costs. The vendor retains a 2% net smelter returns royalty on the property. Vanadium's spot price has risen more than 550% since September 2016, and is nearing its highest point since 2005.Silver Sands lies just east of Ethos G...Read More
(Kitco News) - Gold prices are trading modestly down and have lost mild earlygains in late-morning action Tuesday. The U.S. dollar index has rallied to itsdaily high, which in turn has put some downside pressure on the precious metalsmarkets. Still, another sell off in the U.S. stock market today will likelylimit the downside for the safe-haven gold and silver markets. December goldwas last dow...Read More
92 Resources (TSXV: NTY; US-OTC: RGDCF) recently acquired the 37 sq. km Silver Sands vanadium project in Pine Pass, eastern British Columbia, by paying $15,000 in staking costs. The vendor retains a 2% net smelter returns royalty on the property. Vanadium's spot price has risen more than 550% since September 2016, and is nearing its highest point since 2005.Silver Sands lies just east of Ethos G...Read More
(Kitco News) - Average daily gold turnover was$36.9 billion and 30.2 million ounces in the London over-the-counter market duringthe last week, the London Bullion Market Association reported Tuesday uponreleasing a new report aimed at increasing transparency in the market.Average daily silver volumeduring this period was $5.2 billion and 359.3 million ounces, the report said.Some analysts pointe...Read More
(Kitco News) - Average daily gold turnover was $36.9 billion and 30.2 million ounces in the London over-the-counter market during the last week, the London Bullion Market Association reported Tuesday upon releasing a new report aimed at increasing transparency in the market.Average daily silver volume during this period was $5.2 billion and 359.3 million ounces, the report said.Some analysts po...Read More
SWKS earlier fell to a new two-year lowAmid the latest semiconductor sell-off, analysts have been quick to chime in with bear notes. Two names under particular pressure today due to downgrades are Western Digital Corp (NASDAQ:WDC) and Skyworks Solutions Inc (NASDAQ:SWKS).Looking at Western Digital first, Susquehanna downgraded the stock to "neutral" from "positive," while slashing its price targe...Read More
The equity has dropped more than 50% from its September peakThe shares of portable oxygen supplier Inogen Inc (NASDAQ:INGN) have been hit hard since their Sept. 13 peak of $287.79, falling more than 50%. However, Needham said now is the time to strike on INGN, upgrading the equity to "strong buy" from "buy," and reiterating a $280 price target -- more than double the stock's current perch of $138....Read More
Mr. Stephen Nano reports MIRASOL ANNOUNCES AGGRESSIVE 2019 EXPLORATION PROGRAM WITH OVER $7 MILLION SPENDING BY JOINT VENTURE PARTNERSMirasol Resources Ltd. has provided an update on exploration activities in progress and scheduled at the company's projects in Chile and Argentina for the coming exploration season.Stephen Nano, Mirasol's president and chief executive officer, commented, "The compan...Read More
Mr. Stephen Nano reports MIRASOL ANNOUNCES AGGRESSIVE 2019 EXPLORATION PROGRAM WITH OVER $7 MILLION SPENDING BY JOINT VENTURE PARTNERSMirasol Resources Ltd. has provided an update on exploration activities in progress and scheduled at the company's projects in Chile and Argentina for the coming exploration season.Stephen Nano, Mirasol's president and chief executive officer, commented, "The compan...Read More
Not so long ago the fabulous FAANGs could do no wrong. From July through October, the share prices of FacebookFB, +0.67% AmazonAMZN, -1.11% AppleAAPL, -4.78% NetflixNFLX, -1.34% and Google parent AlphabetGOOG, +0.56%GOOGL, +0.29% were hitting record after record, and the only thing investors disagreed about was how much further they could go. But over the last few weeks, these stocks have been d...Read More
* Sees its margin to rise only by Y2,000/T in FY2018/19* Concerns about China's slower steel demand, export rise* Cuts FY crude steel output plan to 42.1 mln T from 43.3 mln TTOKYO- Japan's top steelmaker Nippon Steel & Sumitomo Metal Corp is bracing for a weaker steel market in Asia because the escalating Sino-U.S. trade war may crimp steel demand in top buyer China and in Southeast Asia, a senio...Read More
FRANKFURT (Reuters) - The European Central Bank will take ‘several’ years to normalize policy and wrapping up a 2.6 trillion asset purchase scheme next month is only the first step, Bundesbank President Jens Weidmann said on Tuesday.The ECB plans to end its purchases at the close of the year but said it would keep rates steady at record lows at least through next summer, suggesting tha...Read More
(Reuters) - Amazon.com Inc (AMZN.O) has bid for Walt Disney Co’s (DIS.N) 22 regional sports networks, including Yes Network, CNBC reported on Tuesday, citing sources familiar with the matter.Neither Disney nor Amazon immediately respond to Reuters request for comment.Reporting by Vibhuti Sharma in Bengaluru; Editing by Anil D'Silva Disclaimer: The views expressed in this article are those o...Read More