Recent News

Analyst Notes Lift ARWR, DVAX Stocks; ESPR Jumps On Drug Data

March 27, 2018 / www.schaeffersresearch.com

RBC Capital thinks Dynavax could surge up to 30%The Dow is holding higher this afternoon thanks to a strong move from GE stock. Three other names making notable moves today are drug stocks Esperion Therapeutics Inc (NASDAQ:ESPR), Arrowhead Pharmaceuticals Inc (NASDAQ:ARWR), and Dynavax Technologies Corporation (NASDAQ:DVAX). Here's what's moving shares of ESPR, ARWR, and DVAX. ESPR Stock Jumps On...Read More

Wall Street rethinks blockchain projects as euphoria meets reality

March 27, 2018 / www.kitco.com

NEW YORK (Reuters) - Wall Street has been much more excited about the system underpinning bitcoin than the cryptocurrency itself, but the global financial industry has not yet been able to do much with the technology known as blockchain.Reuters has found several blockchain projects launched by major financial institutions that have been shelved, as development of the technology enters a hype-meets...Read More

Britain's May calls for 'long-term response' to Russia after spy poisoning

March 27, 2018 / www.kitco.com

LONDON (Reuters) - British Prime Minister Theresa May called on Tuesday for a “long-term response” by the West to the security threat from Russia as NATO followed member states in expelling Russian diplomats over the poisoning of a double agent in England.In the most sweeping such action against Moscow since the height of the Cold War, the United States and European Union members plan...Read More

Adamas Finance Asia 'incredibly busy' with opportunities after first two investments

March 27, 2018 / www.proactiveinvestors.co.uk

Suresh Withana from Harmony Capital, the investment manager for Adamas Finance Asia (LON:ADAM), discusses with Proactive their first investment - a 'patient empowerment' company called DocDoc.He says the private company helps people find the best medical specialists available."DocDoc has signed up two major insurance companies so their policyholders will be able to use its service whenever they ne...Read More

Gold, Silver Prices Sink Amid Higher USDX, Profit Taking

March 27, 2018 / www.kitco.com

(Kitco News) - Gold andsilver prices ended the U.S. day session lower Tuesday, on profit taking fromrecent gains. Gold prices hit a five-week high overnight, while silver notcheda three-week high. A rebound in the U.S. dollar index today also worked againstthe precious metals market bulls. April Comex gold futures were last down $12.70an ounce at $1,342.40. May Comex silver was last down $0.149 at...Read More

Gold, Silver Prices Sink Amid Higher USDX, Profit Taking

March 27, 2018 / www.kitco.com

(Kitco News) - Gold and silver prices ended the U.S. day session lower Tuesday, on profit taking from recent gains. Gold prices hit a five-week high overnight, while silver notched a three-week high. A rebound in the U.S. dollar index today also worked against the precious metals market bulls. April Comex gold futures were last down $12.70 an ounce at $1,342.40. May Comex silver was last down $0.1...Read More

Tissue Regenix focused on securing further strategic partnerships

March 27, 2018 / www.proactiveinvestors.co.uk

Steve Couldwell, chief executive of Tissue Regenix PLC (LON:TRX), tells Proactive that 2017 has been a year of transformation, boosted by the acquisition of CellRight."That was the transformation the company really needed, and the integration of that business has gone extremely well ... we are now in the position of really trying to kick on in 2018'', Couldwell says.Since the end of the reporting...Read More

Gold and the dollar

March 27, 2018 / www.mining.com

Source: Rudi Fronk and Jim Anthony for Streetwise Reports 03/27/2018Rudi Fronk and James Anthony, the cofounders of Seabridge Gold, comment on the relationship between gold and the dollar.GoldWe were anticipating a modest one or two week correction prior to the resumption of the short-term upward trend, but all we got was a two-day pullback. The gold-market correction that appeared to get unde...Read More

How the VIX is Breaking Records in 2018

March 27, 2018 / www.schaeffersresearch.com

Plus, what it could mean for the stock market over the next yearThe Cboe Volatility Index (VIX) -- also known as Wall Street's "fear gauge" -- has been much more active than usual to start 2018. The index last week jumped more than 50% for the third week this year -- already the most surges of that magnitude in one year ever for the VIX. As such, the index has racked up its biggest year-to-date ga...Read More

Throwing Brexit to the wind: how the EU rallied around Britain over Russia

March 27, 2018 / www.kitco.com

BRUSSELS (Reuters) - Three days after European Union leaders left a summit in Brussels with a discreet yet vague agreement to expel Russian diplomats over a nerve agent attack on British soil, envoys met back to share details before an afternoon deadline.Unveiling national expulsion lists at a closed-door meeting on Monday, the 28 ambassadors from the EU’s member states were unaware of the s...Read More

Unintended environmental consequences of mining regulation being addressed in California

March 27, 2018 / www.mining.com

By Tom Henry and Michael ShermanThe California State Mining and Geology Board ("Board") recently took its first step to revise California's backfill regulation that applies to the reclamation of open pit metallic mineral mines. On December 14, 2017, the Board voted to review the backfill regulation after hearing public comments as to why the regulation has increased, rather than reduced, environ...Read More

U.S. consumer confidence ebbs, house prices surge

March 27, 2018 / www.kitco.com

WASHINGTON (Reuters) - U.S. consumer confidence fell from more than a 17-year high in March amid stock market volatility, but households remained upbeat about labor market conditions, which could help to support consumer spending.The Conference Board said on Tuesday its consumer confidence index dropped 2.3 points to a reading of 127.7 this month from a slightly downwardly revised 130.0 in Februar...Read More

Gold retreats farther from multi-week tops, drops to $1340

March 27, 2018 / www.fxstreet.com

   •  A strong USD rebound prompts some aggressive long-unwinding trade.   •  Risk-on mood/fading safe-haven demand adds to the downward pressure. Having refreshed multi-week tops, near $1357 area, Gold changed course and dropped to an intraday low level of $1340 in the past hour. Against the backdrop of receding trade war fears, a sharp US Dollar recovery w...Read More

Is DFS Furniture really sitting comfortably despite tough market conditions?

March 27, 2018 / www.proactiveinvestors.co.uk

DFS Furniture Plc (LON:DFS) is seen to be on-track to meet full-year expectations, at least that was the view following last month's trading update, for the second quarter.The sofa seller revealed that, excluding its acquired units, sales were said to be down 3.5% on the previous year.With the integration of the Sofology business and the opening of new stores it is anticipated that the business is...Read More

Trump discusses China trade practices with Macron, Merkel

March 27, 2018 / www.kitco.com

WASHINGTON (Reuters) - U.S. President Donald Trump discussed trade practices with China in calls on Tuesday with French President Emmanuel Macron and German Chancellor Angela Merkel, the White House said.Trump and Merkel also discussed “joining forces to counter” China’s economic practices and alleged intellectual property theft, the White House said, in what would be a further e...Read More

FEATURE-Chewed up, spat out, recycled: the British inventor turning gum into gold

March 27, 2018 / www.kitco.com

LONDON, March 27 (Thomson Reuters Foundation) - What does the world spend about 25 billion dollars on each year, only to throw it away?The answer is chewing gum. It is a blight on city streets, expensive for local authorities to deal with, and takes a heavy toll on the environment, according to its critics.But one woman in Britain is performing modern-day alchemy on it.“When I started to loo...Read More

The world's biggest investors have lost $436bn in 2018

March 27, 2018 / www.mining.com

Wall Street is shocked, but it shouldn't be: Tariffs targeting China should have been a given, and now the market's tanking on trade war fears as if it just crept up on everyone, but Trump's been very clear on this.Wall Street is known for being short-sighted, though, and allowing itself to get caught up in the euphoria of the day. And now the world's biggest investors are losing hundreds of bil...Read More

GameStop Stock Options Point to Volatile Post-Earnings Move

March 27, 2018 / www.schaeffersresearch.com

GME will report earnings after tomorrow's closeVideo game retailer GameStop Corp. (NYSE:GME) is slated to report fourth-quarter earnings after tomorrow's close. GME has been on a steady decline over the past 12 months, shedding 33%, and staring up at stiff resistance from its 30-day moving average since a mid-January bear gap. GameStop stock more recently touched a 12-year low of $13.50 just last...Read More

Canada privacy commissioner contacted British Columbia about AggregateIQ

March 27, 2018 / www.kitco.com

TORONTO (Reuters) - The Canadian federal agency charged with protecting privacy rights of individuals said on Tuesday that it has contacted its counterpart in British Columbia to discuss the provincial office’s review of AggregateIQ.“We have been in contact with our provincial counterpart in British Columbia, which has been examining matters related to AggregateIQ,” Valerie Lawto...Read More

UK's May says 25 countries moving to expel Russian diplomats

March 27, 2018 / www.kitco.com

LONDON (Reuters) - British Prime Minister Theresa May said on Tuesday that 25 countries have now moved to expel Russian diplomats over Moscow’s suspected involvement in the poisoning of a former Russian spy and his daughter in England.May, speaking to lawmakers in parliament, also noted NATO’s decision to expel seven diplomats from Russia’s mission to the alliance.“I welcom...Read More

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