Why the stage looks set for GE to barrel through overhead resistanceNotorious Dow underdog General Electric (NYSE:GE) shocked Wall Street with a profit beat last Friday, alongside a 2018 forecast that assuaged some of the worst-case concerns harbored by investors and analysts alike. Friday's big bull gap included, GE closed last week up 7.8%, while the broader Dow Jones Industrial Average (DJI) wa...Read More

RIO DE JANEIRO, April 26 (Reuters) - Brazil's Vale hopes to find a partner for its struggling New Caledonia nickel mine by the end of the year but it is not clear if the world's largest nickel producer will continue nickel operations there, executives said on Thursday.A day after first quarter results showed a 36 percent slump in profit, executives said they were not satisfied with nickel prices.H...Read More

LVS shares are trying to break out of a series of lower highsCasino stock Las Vegas Sands Corp. (NYSE:LVS) is trading up 1.1% at $73.15 this morning, after the company announced better-than-expected first-quarter results after the close on Wednesday. If the gains hold, it would snap a two-quarter post-earnings losing streak for LVS. The resulting analyst attention has been nothing but positive, t...Read More

The tech stock is pacing toward its longest daily losing streak in two yearsShares of Qualcomm, Inc. (NASDAQ:QCOM) started the session higher, but have since dropped 1% to trade at $49.21, and earlier hit a two-year low of $48.56. The stock is reacting to Qualcomm's earnings report, which showed fiscal second-quarter profit and revenue that were stronger than forecast -- easing concerns of a slow...Read More

BRUSSELS (Reuters) - The European Union has started monitoring imports of aluminum to determine whether U.S. tariffs have led to a surge in shipments of the metal into Europe, the EU official journal said on Thursday.Data collected on the quantity and value of incoming aluminum products will help the bloc decide whether to take measures to limit imports.The European Commission began an investigati...Read More

WASHINGTON (Reuters) - New orders for key U.S.-made capital goods unexpectedly fell in March, weighed down by the biggest drop in demand for machinery in nearly two years, and a decline in shipments suggested business spending on equipment slowed in the first quarter.But other data on Thursday showed the economy remains on a strong footing. The number of Americans filing unemployment benefits drop...Read More

The opinions expressed here are those of the author, a columnist for ReutersLONDON, April 26 (Reuters) - "Our industry is going to suffer from disruption, distortion and damage. April 2018 has not been a good month for aluminium globally."That was the view of Ron Knapp, secretary-general of the International Aluminium Institute (IAI), in his opening address to CRU's World Aluminium Conference in L...Read More

(Kitco News) - Gold and silver prices are once again falling victim to a stronger U.S. dollar , as prices late Thursday morning have dropped totheir session lows. Gold sunk to another four-week low. The U.S. dollar indexis trading near its daily high and has hit another 3.5-month high today. June gold futures were last down $3.00 an ounce at $1,320.00. By Jim Wyckoff For Kitco NewsFollow @jimwycko...Read More

Mcx Lead – SELL Lead at CMP 154 for Target 153 – 152.60 with SL Above price 155. RISK Taker trade 2 lotsAFTER POST CONTENT Read More

LONDON (Reuters) - Facebook will introduce new measures to improve transparency around adverts in Britain by June this year and require political ads to be clearly labeled, the firm’s Chief Technology Officer told a parliamentary committee.In a written submission to the British parliament’s media committee, Mike Schroepfer said those wanting to run political adverts would have to compl...Read More

MOSCOW, April 26 (Reuters) - Russia's Norilsk Nickel (Nornickel) has cut the 2018 production forecast for its new Bystrinsky copper project near the Chinese border due to a problem with equipment which it hopes to fix in the second quarter, it said on Thursday.Nornickel, part-owned by Russian tycoon Vladimir Potanin and aluminium giant Rusal, said its 2018 output forecast from its main assets was...Read More

MOSCOW, April 26 (Reuters) - Russia's Norilsk Nickel (Nornickel) has cut the 2018 production forecast for its new Bystrinsky copper project near the Chinese border due to a problem with equipment which it hopes to fix in the second quarter, it said on Thursday.Nornickel, part-owned by Russian tycoon Vladimir Potanin and aluminium giant Rusal, said its 2018 output forecast from its main assets was...Read More

MOSCOW, April 26 (Reuters) - Russia's Norilsk Nickel (Nornickel) has cut the 2018 production forecast for its new Bystrinsky copper project near the Chinese border due to a problem with equipment which it hopes to fix in the second quarter, it said on Thursday.Nornickel, part-owned by Russian tycoon Vladimir Potanin and aluminium giant Rusal, said its 2018 output forecast from its main assets was...Read More

The stock topped out at an all-time peak out of the gateCitrix Systems, Inc. (NASDAQ:CTXS) last night reported first-quarter adjusted earnings of $1.29 per share on $697 million in revenue -- more than analysts were expecting. The software firm cited growing revenue from its subscription-based model for the strong results, and in reaction, CTXS stock has jumped 4.1% out of the gate to trade at $10...Read More

(Kitco News) - Kitco aficionados, it isnow time to have your say in where you think gold prices are heading in theshort-term.Will gold prices go higher, lower or remain unchanged nextweek? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12PM EDT) along with the results fromour market professional survey.Readers can also se...Read More

(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our market professional survey.Readers can al...Read More

Tesla options traders have been placing bearish bets ahead of earningsTesla Inc (NASDAQ:TSLA) isdown 0.6% to trade at $279, following news the company's autopilot chief Jim Kellerleft the company -- the most recent in a long line of executive departures for the electric automaker. A CNBC interview this morning with famous short seller Jim Chanos could also be weighing on the stock. Chanos reitera...Read More

Editor's Note: The article was updated to reflect a drop in prices.(Kitco News)-The gold market is unable to hold gains as the euro drops gains against the U.S. dollarfollowing optimistic comments from European Central Bank president MarioDraghi. The ECB remains confident thatthe eurozone economy will continue to trend upwards through the rest of theyear despite a recent wave of lackluster growth...Read More

Editor's Note: The article was updated to reflect a drop in prices.(Kitco News) -The gold market is unable to hold gains as the euro drops gains against the U.S. dollar following optimistic comments from European Central Bank president Mario Draghi. The ECB remains confident that the eurozone economy will continue to trend upwards through the rest of the year despite a recent wave of lackluster g...Read More

SANTIAGO, April 26 (Reuters) - Chile's Escondida, the world's largest copper mine, said on Thursday that early contract talks with its workers' union ended without an agreement, setting the stage for legally scheduled negotiations to begin in June.The union representing workers at the mine, which is controlled by BHP told Reuters this week that it was "highly probable" that an agreement for a new...Read More