(Kitco News) - Gold and silver prices moved moderately higher in the wake of a somewhat dovish FOMC statement from the Federal Reserve Wednesday afternoon. The Fed officials signaled they are not worried about inflationary price pressures becoming problematic. Such suggests the U.S. central bank won't become too aggressive on raising interest rates. June Comex gold futures were last up $4.20 an ou...Read More
MTCH shed more than one-fifth of its value on TuesdayShares of online dating specialist Match Group Inc (NASDAQ:MTCH) had their worst day ever yesterday, shedding 22.1% on news that Facebook (FB) was launching new dating services. MTCH stock is down another 3.7% today at $35.34, with a downgrade at Jefferies to "hold" from "buy" rubbing salt in the proverbial wounds. The brokerage firm also slashe...Read More
Lindsay Dunsmuir, Howard SchneiderWASHINGTON (Reuters) - The Federal Reserve held interest rates steady on Wednesday and expressed confidence that a recent rise in inflation to near the U.S. central bank’s 2 percent target would be sustained, leaving it on track to raise borrowing costs in June.The Fed’s rate-setting committee also downplayed a recent slowdown in economic and job growt...Read More
(Kitco News)- A cautiousFederal Reserve, not anxious to raise interest rates faster than expected, isbreathing new life into the gold market as prices bounce off recent four-monthlows. As expected, the Federal Reserve kept interest rates unchanged within a range between 1.50% and 1.75%. However, cautious comments from the central bank regarding inflation pressures have been positive for the yellow...Read More
(Kitco News) - A cautious Federal Reserve, not anxious to raise interest rates faster than expected, is breathing new life into the gold market as prices bounce off recent four-month lows. As expected, the Federal Reserve kept interest rates unchanged within a range between 1.50% and 1.75%. However, cautious comments from the central bank regarding inflation pressures have been positive for the ye...Read More
WASHINGTON (Reuters) - North Korea must commit to dismantling its nuclear weapons program, new U.S. Secretary of State Mike Pompeo said on Wednesday as he formally took the reins of the State Department with a strong endorsement from U.S. President Donald Trump.Trump made his first visit to the State Department, where he was greeted by loud applause from several hundred people gathered in the Benj...Read More
Mcx Lead – SELL Lead at CMP 156.15 for Target 155.25 – 154.80 with SL Above price 157.15AFTER POST CONTENT Read More
DAILY LMETODAYS INVENTORY REPORT : 02/05/2018Aluminium down by -2500MT,Copper down by -1300MT,Lead down by -50MT,Nickel unchanged,Tin – Not Available &&Zinc down by -275MT.AFTER POST CONTENT Read More
WASHINGTON (Reuters) - White House lawyer Ty Cobb is leaving his post, likely by the end of May, the New York Times quoted him as telling the paper on Wednesday.He will likely be replaced by veteran Washington lawyer Emmet Flood, who advised former President Bill Clinton in impeachment proceedings, the Times reported, citing two people briefed on the matter.Neither Cobb nor Flood immediately respo...Read More
WASHINGTON (Reuters) - The Trump administration is considering executive action to restrict some Chinese companies' ability to sell telecommunications equipment in the United States, the Wall Street Journal reported on Wednesday.The move, which if implemented would likely affect Huawei Technologies Co Ltd [HWT.UL] and ZTE Corp, two of the world's major telecommunications equipment manufacturers, w...Read More
Signature Resources Ltd. (TSXV:SGU, OTCQB:SGGTF) ('Signature' or the 'Company') is pleased to announce that preliminary interpretation of the recently completed Terraquest airborne geophysical survey shows that the gold mineralized zones at Lingman Lake display correlation to both the magnetic and electromagnetic components of the survey.Read full newsRead More
Today Free Aluminium Call – Aluminium BUY Call 74c given at price 151 Achieved 1st Target 151.70. Made 151.70. Total profit of 0.7 x 2 lot = 1.4 PointsTIPS ID 74c : Aluminium Tips - BUY Aluminium at CMP 151 for Target 151.70 - 152.40 with SL below price 150.10AFTER POST CONTENT Read More
Previous signals have preceded big short-term gains for the sharesThe shares of drugmaker Immunomedics, Inc. (NASDAQ:IMMU) have been virtually unstoppable lately, pacing for a fourth straight weekly gain and fresh off a 16-year high. What's more, IMMU is one of the few stocks currently trading near new highs while simultaneously sporting attractive short-term option premiums -- even with earnings...Read More
(Reuters) - U.S. stocks edged lower on Wednesday, with declines in biotechnology and insurers negating Apple’s gains after strong results, as investors await the Federal Reserve’s policy announcement.The U.S. central bank is expected to stand pat on interest rates and investors will focus on the Fed statement, expected at 2:00 p.m. ET, for clues on the path of interest rates and its vi...Read More
(Reuters) - Health and Human Services Secretary Alex Azar on Wednesday said President Donald Trump wants to go further in lowering drug prices, an issue he campaigned on during the 2016 presidential race.“HHS is currently working with the President on a comprehensive strategy to solve these problems,” Azar said in a speech at World Health Care Congress. “We’ll be building o...Read More
Mr. Matthew Hornor reportsMAPLE GOLD REPORTS DRILL RESULTS FROM CENTRAL PORPHYRY ZONE AT DOUAY: 158.2M @ 1.25 G/T AU, INCLUDING 52 METRES @ 3.53 G/T AUMaple Gold Mines Ltd. has released additional drill results from its current winter drilling campaign at the Douay gold project. Hole DO-18-216 intersected52 metres grading 3.53 grams per tonne gold (uncut), within a broader 158.2-metre interval gra...Read More
Mr. Matthew Hornor reportsMAPLE GOLD REPORTS DRILL RESULTS FROM CENTRAL PORPHYRY ZONE AT DOUAY: 158.2M @ 1.25 G/T AU, INCLUDING 52 METRES @ 3.53 G/T AUMaple Gold Mines Ltd. has released additional drill results from its current winter drilling campaign at the Douay gold project. Hole DO-18-216 intersected52 metres grading 3.53 grams per tonne gold (uncut), within a broader 158.2-metre interval gra...Read More
Larry Bottomley, chief executive of Chariot Oil & Gas Limited (LON:CHAR) discusses with Proactive's Andrew Scott the Rabat Deep exploration well, offshore Morocco, which has failed to find a hydrocarbon accumulation.Bottomley says the well was drilled safely to a depth of 3,180 metres and while it didn't encounter oil or gas it did penetrate a thick top seal and tight, fractured carbonates in...Read More
Matthew Idiens, chief executive of Rose Petroleum PLC (LON:ROSE), tells Proactive's Andrew Scott they've raised ?1mln of new capital to support their plans in Utah's Paradox basin.Some ?633,920 of the raise is conditional upon shareholder approval, at an general meeting that will now be convened on May 21.The funding proceeds will be used to advance the group's assets in the Paradox basin - it w...Read More
MONTREAL, PARIS (Reuters) - Bombardier (BBDb.TO) and Airbus (AIR.PA) unveiled to employees the top leaders for the CSeries program, in a further step towards finalizing a deal that will see the European planemaker taking control of the Canadian jetliner, according to a memo to staff on Wednesday that was seen by Reuters.Philippe Balducchi, head of performance management for Airbus Commercial Aircr...Read More