Recent News

Hopes for Brexit deal lift euro and sterling

November 13, 2018 / www.kitco.com

NEW YORK (Reuters) - The euro and sterling rose on Tuesday as Britain and the European Union agreed on a preliminary text for the nation to leave the economic bloc in a bid to avoid a chaotic divorce that would disrupt the region’s economy.The stronger euro and sterling spurred profit-taking in the dollar, which reached a 16-month peak against a basket of currencies on Monday.Uncertainty ove...Read More

Hopes for Brexit deal lift euro and sterling

November 13, 2018 / www.kitco.com

NEW YORK (Reuters) - The euro and sterling rose on Tuesday as Britain and the European Union agreed on a preliminary text for the nation to leave the economic bloc in a bid to avoid a chaotic divorce that would disrupt the region’s economy.The stronger euro and sterling spurred profit-taking in the dollar, which reached a 16-month peak against a basket of currencies on Monday.Uncertainty ove...Read More

Chilean regulators reject Albemarle's plans to boost lithium output

November 13, 2018 / www.mining.com

SANTIAGO - Chilean environmental regulators have rejected plans by Albemarle Corp, the world's top lithium producer, to expand output from the Salar de Atacama salt flat, according to filings with Chile's Environmental Assessment Service (SEA).SEA said in a resolution on Monday that Albemarle's environmental impact statement, which included plans to build a new plant to produce 42,500 tonnes of li...Read More

Zotye, Ford's China partner, set to sell SUVs in U.S. in 2020

November 13, 2018 / www.kitco.com

(Reuters) - Zotye Automobile (000980.SZ), a Ford Motor Co (F.N) partner in China, said on Tuesday it planned to begin selling SUVs in the United States in 2020.Ford is not involved in those plans by the Chinese automaker, spokesmen for the companies said.Ford had tapped Zotye to provide lower-priced electric vehicles to some of its dealers in China.“There is no current plan for Zotye USA to...Read More

Analyst Targets 75% Upside for Troubled Drug Stock

November 13, 2018 / www.schaeffersresearch.com

Most analysts are already bullish on the nameLeerink resumed coverage on Adamas Pharmaceuticals Inc (NASDAQ:ADMS) with an "outperform" rating and $20 price target -- a nearly 75% premium to last night's close. After surging as much as 6.9% in early trading, ADMS stock was last seen down 1.2% at $11.32.More broadly speaking, it's been a rough stretch for ADMS shares, which have shed 61% year-over-y...Read More

Downgrade Sends Software Stock to Another Low

November 13, 2018 / www.schaeffersresearch.com

The analyst cited an unusual amount of uncertaintiesAsure Software Inc (NASDAQ:ASUR) is getting hammered today, last seen down 9.2% at $6.46, and it earlier hit a two-year low of $6.27. This puts the shares on pace for a fourth straight straight daily decline, as they continue to pull back from a May high near $20 under the pressure of their 50-day moving average. Today's losses come after Dougher...Read More

Options Traders React to GE Stock's Big Bounce

November 13, 2018 / www.schaeffersresearch.com

The former Dow stock is pacing toward its best day since JuneIt's a mixed session on Wall Street as traders weigh U.S.-China trade news against spiraling oil prices. Among individual stocks making notable moves are former Dow component General Electric Company (NYSE:GE), LED specialist Cree, Inc. (NASDAQ:CREE), and real estate investment trust (REIT) JBG SMITH Properties (NYSE:JBGS). Here's a quic...Read More

Azincourt, New Age sample high grade Li2O at Lithium One

November 13, 2018 / www.mining.com

The joint venture of Vancouver-based Azincourt Energy and New Age Metals has received assays up to 4.1% lithium oxide from the Silverleaf pegmatite samples at their Lithium One project 125 km northeast of Winnipeg.The results follow a comprehensive ground mapping and sampling field program this summer. High grades were also found in nine samples that exceeded 2% and five samples that exceeded 3%...Read More

Azincourt, New Age sample high grade Li2O at Lithium One

November 13, 2018 / www.mining.com

The joint venture of Vancouver-based Azincourt Energy and New Age Metals has received assays up to 4.1% lithium oxide from the Silverleaf pegmatite samples at their Lithium One project 125 km northeast of Winnipeg.The results follow a comprehensive ground mapping and sampling field program this summer. High grades were also found in nine samples that exceeded 2% and five samples that exceeded 3%...Read More

Next Green Wave is well funded and ready to dominate California's Cannabis Market -- @NextGreenWave...

November 13, 2018 / twitter.com

"Next Green Wave is well funded and ready to dominate California's Cannabis Market -- @NextGreenWave #MedicalMarijuana #Cannabinoid #NextGreenWave #Cannabis #California #hotstocks #potstocks Watch the Video here: https://t.co/Ia1i9nw9Tn"Read full newsRead More

U.S. in China trade talks again, demands 'change of posture'

November 13, 2018 / www.kitco.com

WASHINGTON (Reuters) - U.S. President Donald Trump’s top economic adviser said on Tuesday that the United States welcomed the resumption of talks with China on trade, while Vice President Mike Pence warned Beijing to change its behavior so as to avoid a new cold war with the United States.National Economic Council Director Larry Kudlow told reporters at the White House that the U.S. and Chin...Read More

Trump considers ousting national security deputy over feud with first lady: sources

November 13, 2018 / www.kitco.com

WASHINGTON (Reuters) - President Donald Trump is moving to replace his deputy national security adviser after she feuded with first lady Melania Trump, two sources familiar with the matter told Reuters on Tuesday.The first lady complained to the president that she was unhappy with how she was being treated by Mira Ricardel, a former Boeing executive who worked on the Trump presidential campaign an...Read More

Fremont to Raise $1.0 Million for Drilling at Gold Bar and Gold Canyon Projects in Nevada @Fremont_Gold...

November 13, 2018 / twitter.com

"Fremont to Raise $1.0 Million for Drilling at Gold Bar and Gold Canyon Projects in Nevada @Fremont_Gold https://t.co/WJ8Ucgi5JG"Read full newsRead More

Gold bounces off 1-month lows, but lacks strong follow through

November 13, 2018 / www.fxstreet.com

   •  The ongoing USD retracement helped limit early downslide.    •  Risk-on mood keeps a lid on any meaningful up-move.  Gold quickly reversed a dip to fresh one-month lows, albeit struggled to build on the recovery move and remained well below session tops.  The commodity stalled its recent bearish trajectory and showed some resilience belo...Read More

Gold down a fourth session as dollar index sees modest pull back from 17-month high

November 13, 2018 / www.marketwatch.com

Gold prices ended lower Tuesday, logging a fourth straight decline and the seventh down session out of the past eight, as a popular gauge of the dollar slipped but remained near its highest level in roughly 17 months. December gold GCZ8, -0.03% fell $2.10, or 0.2%, to settle at $1,201.40 an ounce. It dipped to a low of $1,196.60, but also crossed briefly into positive territory to touch a high o...Read More

Gold down a fourth session as dollar index sees modest pull back from 17-month high

November 13, 2018 / www.marketwatch.com

Gold prices ended lower Tuesday, logging a fourth straight decline and the seventh down session out of the past eight, as a popular gauge of the dollar slipped but remained near its highest level in roughly 17 months. December gold GCZ8, -0.04% fell $2.10, or 0.2%, to settle at $1,201.40 an ounce. It dipped to a low of $1,196.60, but also crossed briefly into positive territory to touch a high o...Read More

Colonial Coal floats PEA for Gordon Creek mine

November 13, 2018 / www.mining.com

Vancouver-based Colonial Coal International (TSX-V: CAD) has received the preliminary economic assessment for its 100% owned Gordon Creek metallurgical coal project located about 30 km south of Tumbler Ridge. Prepared by Stantec Consulting Services, the PEA demonstrates positive economics.The Gordon Creek project has an after tax and royalty net present value of $690.5 million with a 7.5% discou...Read More

Qorvo Stock Hits New Low After Disappointing Guidance

November 13, 2018 / www.schaeffersresearch.com

QRVO became the latest Apple supplier to issue a tepid outlook Qorvo Inc (NASDAQ:QRVO) is the latest Apple supplier to slash its third-quarter forecast for profit and revenue, resulting in a price-target cut to $75 from $80 at Cowen earlier today. But while QRVO earlier fell to an annual low of $61, it was last seen slightly higher at $63.75, and activity in the options pits today points to a bul...Read More

Colonial Coal floats PEA for Gordon Creek mine

November 13, 2018 / www.mining.com

Vancouver-based Colonial Coal International (TSX-V: CAD) has received the preliminary economic assessment for its 100% owned Gordon Creek metallurgical coal project located about 30 km south of Tumbler Ridge. Prepared by Stantec Consulting Services, the PEA demonstrates positive economics.The Gordon Creek project has an after tax and royalty net present value of $690.5 million with a 7.5% discou...Read More

Need more workers? Improve parental leave, Fed paper says

November 13, 2018 / www.kitco.com

(Reuters) - The United States economy could add as many as 5 million workers to its labor force by improving conditions for women workers, including offering better parental leave, a paper published by the San Francisco Federal Reserve Bank on Tuesday found.Worker shortages have become an increasing concern for U.S. companies now that unemployment has fallen to 3.7 percent, and part of the problem...Read More

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