LONDON (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.1/FED UP AGAINFederal Reserve policymakers meet on May 1-2 after raising rates in March and signalling at least two more 25 basis point increases were in the offing this year. Some economists expect three.The Fed is unlikely to raise rates...Read More
HOUSTON (Reuters) - Weak refining margins hurt Exxon Mobil Corp (XOM.N) and Chevron Corp’s (CVX.N) first-quarter profit, cutting into overall gains from rising oil prices.It was the second consecutive quarter that refining weakness, especially outside the United States, clipped improved profit.Strength in the Chevron division that pumps oil and gas helped overcome the refining weakness and b...Read More
LONDON (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.1/FED UP AGAINFederal Reserve policymakers meet on May 1-2 after raising rates in March and signalling at least two more 25 basis point increases were in the offing this year. Some economists expect three.The Fed is unlikely to raise rates...Read More
A major shift of regulation in the United States is gathering momentum and removing barriers for the legalization of medicinal and recreational marijuana. Public support for marijuana legalization in the US is more popular than ever. A recent Gallup poll indicates that 64% of US voters, and 72%...Read full newsRead More
MCX ZINC CALLS TODAYMcx Zinc Calls Today – Zinc BUY Call 700, given at price 208.65 Achieved 3rd Target 210.70. Total profit of 2.05 x 2 lot = 4.10 Points Profit700 : Zinc Intraday - BUY Zinc at CMP 208.65 with Small SL 207.95 for Target 209.50 - 210 - 210.70. Trade with 2 lots todayAFTER POST CONTENT Read More
TORONTO (Reuters) - The TMX Group (X.TO), which operates the Toronto Stock Exchange and other exchanges, said on Friday it was shutting down all markets for the rest of the day after experiencing issues with trading on all its exchange platforms.“TMX has decided to shut down all markets for the remainder of the day. Trading will not resume today, including market on close,” TMX Group s...Read More
NEW YORK (Reuters) - Fresh worries about rising costs and inflation face U.S. stock investors looking toward the coming week and the next leg of the first-quarter earnings period.In the latest week, the busiest for first-quarter reports, several companies warned about or cited higher costs.Caterpillar (CAT.N) said it was worried about higher prices for steel it needs for manufacturing. Alphabet (G...Read More
Gold Resource Corporation (NYSE American: GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for April 2018 payable on May 23, 2018 to shareholders of record as of May 11, 2018.Read full newsRead More
Copper Carry Call – BUY Copper at 452.8 – 452.20 (CMP 452.70) for Target 456 – 458 with SL below price 449.80AFTER POST CONTENT Read More
($1 = C$1.29)(Reuters) - Canada’s Imperial Oil Ltd (IMO.TO) on Friday reported a 55 percent jump in quarterly profit, helped by strength in its refining and chemicals businesses, and the company boosted its dividend and repurchase program.The company’s shares rose as much as 4.5 percent to C$40.47.Desjardins analyst Justin Bouchard called the dividend hike a “pleasant surprise&rd...Read More
(Reuters) - The Taiwanese government has ordered all of the island’s companies that sell to Chinese telecom equipment maker ZTE Corp to suspend shipments until they obtain approval, the Nikkei business daily reported on Friday.The news comes the week after the United States banned American companies from selling components to ZTE for seven years, after the Chinese firm failed to comply wit...Read More
Zinc Today Target Tips – Zinc BUY Call 700 given at price 208.65 Achieved 1st Target 209.50 & 2nd Target 210. CMP 210.40. Total profit of 1.75 x 2 lot = 3.5 Points profitTIPS ID 700 : Zinc Intraday - BUY Zinc at CMP 208.65 with Small SL 207.95 for Target 209.50 - 210 - 210.70. Trade with 2 lots todayAFTER POST CONTENT Read More
(Reuters) - Amazon.com Inc’s (AMZN.O) 20 percent hike in the cost of Prime membership should deliver more than $1 billion in extra revenue this year and cover any “rational” hike in United States Postal Service delivery fees, Wall Street analysts said on Friday.President Donald Trump has been laying into the Seattle-based online shopping firm in recent weeks for what he says is a...Read More
Despite positive earnings reactions for BA and MSFT, the Dow is headed toward a weekly lossTraders turned their attention away from President Donald Trump's Twitter feed this week in order to focus on an onslaught of corporate earnings reports and the 10-year Treasury yield -- which topped the key 3% level for the first time in four years on Tuesday. This and a sharp earnings reversal for Caterpil...Read More
Apr 27, 2018 (GLOBE NEWSWIRE via COMTEX) -- NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, B.C., April 27, 2018 (GLOBE NEWSWIRE) -- Pure Gold Mining Inc. (PGM) ("Pure Gold" or the "Company") is pleased to announce that it has entered into an amended agreement with Sprott Capital Partners to act as lead underwriter...Read More
Gold prices took back some ground after a two-session skid as financial markets assessed the merits of Korea peace efforts and the first reading of first-quarter GDP, which came in slightly better than expected. Gains for the yellow metal came even as a leading dollar measure also rose, with a pullback in the yield for the benchmark 10-year Treasury giving the commodity, which doesn't offer a yiel...Read More
Gold prices took back some ground after a two-session skid as financial markets assessed the merits of Korea peace efforts and the first reading of first-quarter GDP, which came in slightly better than expected. Gains for the yellow metal came even as a leading dollar measure also rose, with a pullback in the yield for the benchmark 10-year Treasury giving the commodity, which doesn't offer a yiel...Read More
Shares in education firm Malvern International PLC (LON:MLVN) leapt up 14.9% to 3.8p in late-afternoon trading after it said it expected to become profitable in 2018 after losses narrowed on higher revenue.In its result for 2017, the group saw pretax losses narrow to ?706,712 from ?1.3mln the year prior on revenues of ?4.08mln, up from ?4.04mln the year before.Profit performance was helped by...Read More
As readers who have been following this feature already know, Buzz on the Bullboards is our vehicle to help you keep your finger on the pulse of investor sentiment. We've been advising you of weekly Bullboard leaders - and updating you with some of the news that is driving that traffic.Now we're g...Read full newsRead More
UAA stock is higher today, after a rare round of upbeat brokerage attentionThe shares of athleisure concern Under Armour Inc (NYSE:UAA) are surging this afternoon, as analysts wax optimistic ahead of the company's earnings next week. Stifel said upbeat results from sector peer Columbia Sportswear (COLM) bode well for Under Armour, and that heavy short interest presents a "trade opportunity" on UAA...Read More