UAA hit a new annual high earlierUnder Armour Inc (NYSE:UAA) is trading up 1.2% at $23.82 -- fresh off an annual high of $24.61 -- riding recent momentum sparked in part by news that the company's limited release of The Rock's Project Rock 1 shoes sold out within 30 minutes over the Memorial Day weekend. UAA's options pits are buzzing, too, with speculators targeting even higher highs for the ret...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump will hold bilateral meetings with French President Emmanuel Macron and Canadian Prime Minister Justin Trudeau during a summit of the Group of Seven leading industrialized nations, White House economic adviser Larry Kudlow said on Wednesday.Reporting by Roberta Rampton, David Alexander and Jason Lange; Editing by Bernadette Baum Disclaimer:...Read More
CALGARY, Alberta (Reuters) - Canada’s Enbridge Inc (ENB.TO) faces an indefinite delay to its biggest-ever capital project if a U.S. state regulator denies its preferred pipeline route through Minnesota, but a victory would spell relief for Canadian oil shippers and northern U.S. refiners.Some pipeline opponents, which include environmental and Native American groups, are trying to convince t...Read More
ROME (Reuters) - Prime Minister Giuseppe Conte comfortably won a confidence vote in the lower house of parliament on Wednesday, confirming his government’s majority after promising tough negotiations with Europe over the economy.Conte, backed by the anti-establishment 5-Star Movement and the far-right League, won an initial vote in the Senate on Tuesday and can now forge ahead with his coali...Read More
MADRID (Reuters) - Spain’s new Prime Minister Pedro Sanchez appointed his cabinet on Wednesday, with a majority of women taking up posts at the top of the government for the first time in the country’s democracy.Key posts assigned to women included deputy prime minister - taken by Socialist party stalwart Carmen Calvo; economy minister - taken by Director-General for the EU Budget at t...Read More
Polina NikolskayaMOSCOW (Reuters) - On a shelf in a cramped office on the outskirts of Moscow, businessman Igor Michurin has a framed photograph of himself shaking hands with one of his important customers - a North Korean embassy official whom Michurin calls Lee.It’s a relationship which offers unusual insights into the negotiating techniques of Pyongyang officials, and the ways North Korea...Read More
Renforth Resources (CSE:RFR) announces that Eagle Geophysics, of La Sarre Quebec, will fly a tightly spaced heli-mag survey over Parbec to acquire detailed data to aid in ongoing deposit interpretation. Read full newsRead More
BRUSSELS (Reuters) - U.S. Defense Secretary Jim Mattis arrived in Brussels on Wednesday seeking to mollify European allies, again finding himself in the familiar position of mending relationships frayed by President Donald Trump’s policies.Trump infuriated European Union members, Canada and Mexico by imposing tariffs of 25 percent on steel and 10 percent on aluminum, which experts say could...Read More
Daily LME Stock Inventory ReportMetal Stock from London Stock Exchange – 06/06/2018ALUMINIUM -5750 ,COPPER -2550 ,NICKEL -1098 ,LEAD -750 ,TIN -25ANDZINC +6600 Read More
Gold saw a modest loss on Wednesday, after turning lower in the last half hour before prices settled, as investors continued to eye trade tensions ahead of a meeting later this week of the Group of Seven leading industrialized nations. Prices had seen gains earlier in the session as the dollar deepened its decline when trade data revealed a narrowed U.S. deficit. August gold GCQ8, -0.16% fell by...Read More
Gold saw a modest loss on Wednesday, after turning lower in the last half hour before prices settled, as investors continued to eye trade tensions ahead of a meeting later this week of the Group of Seven leading industrialized nations. Prices had seen gains earlier in the session as the dollar deepened its decline when trade data revealed a narrowed U.S. deficit. August gold GCQ8, -0.16% fell by...Read More
(Reuters) - Alphabet Inc’s (GOOGL.O) top executives voted down several shareholder proposals on Wednesday, defeating campaigns to tie their pay to hiring diversity goals and to get the Google parent to provide more data about efforts to moderate user-generated content.Shareholders and employees said Wednesday that a gender pay gap and lack of diversity could make it difficult for the company...Read More
It could be a good time to buy calls Tech and retail stocks have been making notable moves during the past few weeks, and Etsy Inc (NASDAQ:ETSY) and Shopify Inc (NYSE:SHOP) are no exception. Below we will take a look at how the e-commerce names have been faring on the charts, as well as to why now may be an affordable time to bet on ETSY and SHOP's next leg higher, per data from Schaeffer's Senio...Read More
Zinc Calls- SELL Zinc at CMP 216.20 for Target 215.10 – 214.20 with SL Above price 217.30. RISK taker trade 2 lots Read More
The central bank is expected to raise interest rates on June 13The Federal Open Market Committee (FOMC) will hold its two-day policy meeting next week. The central bank is widely expected to announce a rate hike Wednesday afternoon, and while the S&P 500 Index (SPX) tends to struggle during Fed weeks -- and subsequently run into Fed Day resistance -- several stocks tend to rally after a rate hike....Read More
New CEO shares his plans for the next yearRead full newsRead More
NEW YORK (Reuters) - The euro rose to a nearly two-week high while the 10-year U.S. Treasury yield hit a 1-1/2-week peak on Wednesday after officials said the European Central Bank could wind down its stimulus program by the end of the year.Robust growth is making the central bank increasingly confident that inflation is on its way back to target, ECB chief economist Peter Praet said on Wednesday,...Read More
WASHINGTON (Reuters) - U.S. House Speaker Paul Ryan said on Wednesday that President Donald Trump should not pardon himself, becoming the second Republican leader in Congress to balk at the president’s assertion that he had “absolute” power to do so.Ryan also dismissed another of Trump’s contentions - that the FBI and Justice Department planted an informant in his 2016 pres...Read More
(Kitco News) - Gold pricesare trading near steady in early-afternoon U.S. trading Wednesday. Silverprices were sporting moderate gains and hit a three-week high today. Thisweek’s stabilization in the yellow metal does favor the bulls. More upsideprice action in gold this week would produce positive chart signals to suggesta near-term market bottom is in place. August Comex gold futures were...Read More
(Kitco News) - Gold prices are trading near steady in early-afternoon U.S. trading Wednesday. Silver prices were sporting moderate gains and hit a three-week high today. This week’s stabilization in the yellow metal does favor the bulls. More upside price action in gold this week would produce positive chart signals to suggest a near-term market bottom is in place. August Comex gold futures...Read More