Vancouver, British Columbia - International Battery Metals Ltd. (CSE: IBAT), is pleased to announce that it has entered into its second licensing agreement with Ensorcia Metals Corporation ("Ensorcia") and its wholly-owned subsidiary, Ensorcia Argentina LLC ("EAL"), whereby IBAT will license its lithium extraction technology to EAL for use in the extraction of lithium chloride from lithium bearin...Read More
(Reuters) - U.S. stocks opened sharply lower on Tuesday as poor forecasts from retailers for the holiday quarter fed into a market driven lower this week by concerns about demand for iPhones.The Dow Jones Industrial Average .DJI fell 398.76 points, or 1.59 percent, at the open to 24,618.68.The S&P 500 .SPX opened lower by 36.13 points, or 1.34 percent, at 2,654.60. The Nasdaq Composite .I...Read More
HONG KONG (Reuters) - Billionaire Chinese actress Zhao Wei and her husband have been barred from taking on key positions at listed companies for five years for violating securities regulations, the Shanghai Stock Exchange said on Tuesday.The exchange’s announcement comes more than a month after another Chinese actress Fan Bingbing came under fire for failing to pay millions of dollars in tax...Read More
(Reuters) - U.S. stock futures dropped by up to 1 percent on Tuesday as a technology rout in the previous session sparked by concerns over iPhone sales sapped investors’ appetite for high-growth companies.Shares of Apple Inc (AAPL.O) lost 1.4 percent in premarket trading, putting it on course for its seventh decline in the past nine sessions, and around 20 percent down from a peak earlier th...Read More
Vancouver, British Columbia - Precipitate Gold Corp. (TSXV: PRG) (the "Company" or "Precipitate") is pleased to announce it has appointed Mr. Mejico Angeles-Lithgow as an advisor and consultant to the Company.Mr. Angeles-Lithgow is a Dominican national who, until March 2018 held the position of President and Executive Director of the Barrick-Pueblo Viejo mining operation in the Dominican Republic,...Read More
(Reuters) - Target Corp (TGT.N) reported third-quarter earnings and comparable sales below estimates on Tuesday at a time when a strong economy has boosted consumer spending at rival retailers, sending its shares down 7 percent in premarket trade.Sales at stores open at least a year rose 5.1 percent, short of analysts’ estimates of a 5.21 percent increase, according to IBES data from Refinit...Read More
Vancouver, British Columbia - Precipitate Gold Corp. (TSXV: PRG) (the "Company" or "Precipitate") is pleased to announce it has appointed Mr. Mejico Angeles-Lithgow as an advisor and consultant to the Company.Mr. Angeles-Lithgow is a Dominican national who, until March 2018 held the position of President and Executive Director of the Barrick-Pueblo Viejo mining operation in the Dominican Republic,...Read More
Fred Imbert | Spriha SrivastavaPublished 15 Hours AgoUpdated2 Hours AgoCNBC.com show chapters The U.S. stock market is tanking again—Here’s what five experts are saying now 6 Hours Ago |03:19 The Dow Jones Industrial Average and S&P 500 fell sharply on Tuesday and turned negative for the year as a decline in Target shares pressured retailers, while some of the m...Read More
Mr. Cooper Quinn reportsOSPREY ANNOUNCES ASSAY RESULTS FROM PREVIOUSLY UNSAMPLED CORE AT CARIBOU PROJECT, INCLUDING 70.57 METRES OF 1.58 GRAMS PER TONNE GOLDOsprey Gold Development Ltd. has provided further results from its continuing 2018 exploration program under way at the Caribou gold project located in Nova Scotia, Canada. Caribou is approximately 80 kilometres northeast of the city of Halifa...Read More
Mr. Cooper Quinn reportsOSPREY ANNOUNCES ASSAY RESULTS FROM PREVIOUSLY UNSAMPLED CORE AT CARIBOU PROJECT, INCLUDING 70.57 METRES OF 1.58 GRAMS PER TONNE GOLDOsprey Gold Development Ltd. has provided further results from its continuing 2018 exploration program under way at the Caribou gold project located in Nova Scotia, Canada. Caribou is approximately 80 kilometres northeast of the city of Halifa...Read More
Target reported disappointing quarterly earningsFutures on the Dow Jones Industrial Average (DJI) are getting clobbered, down nearly 300 points, with stocks set to extend Monday's slide. S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are doing no better, as several tech stocks and FAANG names continue to cruise into bear market territory. In addition, retailers are contributing to the b...Read More
TGT shares are set to hit multi-month lowsThings have been pretty ugly for stocks in recent weeks, and today's shaping up no different. Futures on the major U.S. indexes are below fair value, and one of the biggest stories is a disappointing third-quarter earnings report from Target Corporation (NYSE:TGT). Profit and same-store sales for the period both came up short of expectations, despite a 49%...Read More
The world's largest miner, BHP Billiton, (ASX, NYSE:BHP) (LON:BLT) has officially dropped "Billiton" from the company's name as part of a $10 million rebranding campaign that seeks to emphasize its Australian roots.The move means that BHP Billiton and BHP Billiton Plc are now BHP Group and BHP Group Plc respectively. All the tickers, including the ones on the London Stock Exchange and the Joha...Read More
VIENNA (Reuters) - Italy does not pose an immediate economic risk within the euro area but it has significant financing needs this year and next that could become an issue over the longer term, European Central Bank policymaker Ewald Nowotny said on Tuesday.“It is not the case that (there is) an immediate economic threat. Immediately it is rather a political problem,” Nowotny told a ne...Read More
NEW YORK (Reuters) - The Federal Reserve is pushing ahead with gradual rate-hike plans next month as it marches toward a more normal policy stance that would keep the economy expanding, one of its most influential members said on Monday in the face of growing doubts in financial markets.New York Fed President John Williams, a close ally of Fed Chair Jerome Powell and a permanent voter on monetary...Read More
LONDON (Reuters) - Euro zone money markets no longer fully price in a 10 basis point rate hike from the European Central Bank in 2019, indicating growing investor concern about the economic outlook in the single currency bloc.Money market futures dated to the ECB's December 2019 meeting now price only a 95 percent chance of a rate hike, from a 100 percent chance on Monday. ECBWATCHThis is a substa...Read More
Monthly data from the Swiss Federal Customs Administrationshow that gold demand in key Asian buying nations was weak during October, saysCommerzbank. The report shows that Switzerland exported only 11.3 tonnes ofgold to India last month, the least in at least five years. “This was probablydue to sharp rises in local gold prices, as gold in Indian rupees increased byover 10% in price between...Read More
Monthly data from the Swiss Federal Customs Administration show that gold demand in key Asian buying nations was weak during October, says Commerzbank. The report shows that Switzerland exported only 11.3 tonnes of gold to India last month, the least in at least five years. “This was probably due to sharp rises in local gold prices, as gold in Indian rupees increased by over 10% in price bet...Read More
(Reuters) - Department store operator Kohl’s Corp (KSS.N) raised its full-year profit forecast and posted better-than-expected quarterly same-store sales on Tuesday, as it moved trendier fashion to stores quicker and bolstered its online business.The company now expects full-year earnings forecast of $5.16 - $5.36 per share, compared with from its prior forecast of $4.96 - $5.36.Net income r...Read More
(Kitco News)- Goldprices continue to push higher as U.S. housing data come in line withexpectations.TheCommerce Department's latest economic data showed that U.S. housing starts rose1.5% in to a seasonally adjusted annual rate of 1.23 million units in October, upfrom September's revised rate of 1.21 million.Consensus forecasts compiled by most news organizations called for starts to bearound 1.23&...Read More