WASHINGTON (Reuters) - President Donald Trump denied allegations of lewd behavior made in an intelligence dossier and asked whether the FBI would consider proving it was a lie, former FBI Director James Comey wrote in an upcoming memoir, according to the Washington Post. Comey, fired by Trump in May 2017, wrote in “A Higher Loyalty: Truth, Lies and Leadership” that Trump raised t...Read More

(Bloomberg) - A former lobbyist for one of the largest U.S. coal mining companies won confirmation to be the Environmental Protection Agency's No. 2 official, putting him in position to take over the agency, at least temporarily, if embattled Administrator Scott Pruitt were to leave.Andrew Wheeler, a former Republican Senate staffer whose client list at lobbying firm Faegre Baker Daniels LLP incl...Read More

Today Zinc Cal – BUY Zinc at CMP 203.70 for TGT 204.5 – 205.20 with SL below price 202.40. RISK taker trade 2 lotsAFTER POST CONTENT Read More

(Bloomberg) - A former lobbyist for one of the largest U.S. coal mining companies won confirmation to be the Environmental Protection Agency's No. 2 official, putting him in position to take over the agency, at least temporarily, if embattled Administrator Scott Pruitt were to leave.Andrew Wheeler, a former Republican Senate staffer whose client list at lobbying firm Faegre Baker Daniels LLP incl...Read More

How to use this credit spread strategy to generate incomeOpposite of the short put spread, a short call spread is a neutral-to-bearish options strategy that is employed by traders who expect a stock to remain below a layer of resistance. This type of spread is also a lower-risk strategy, in comparison to selling a lone call; however, the maximum profit potential is relatively lower. As such, it's...Read More

Ontario is investing in 16 local breweries to help expand economic opportunity, increase tourism and create jobs across the North.Michael Gravelle, Minister of Northern Development and Mines, was joined by Bill Mauro, MPP for Thunder Bay-Atikokan today at the Sleeping Giant Brewing Company in Thunder Bay to make the announcement. The microbrewery received funding through the Northern Ontario Herit...Read More

Getty ImagesShoppers exit as a line forms outside the Fifth Ave. Abercrombie & Fitch store. The numbers: The University of Michigan's consumer sentiment index in April fell to a reading of 97.8, down from 101.4 in March. Economists polled by MarketWatch expected a reading of 101. The index of current economic conditions fell to 115 from 121.2, while the expectations index declined to 86.8 fr...Read More

Shares in Canada's Nemaska Lithium trading in Toronto jumped 4.7% at the open on Friday after the company inked a $150m streaming deal with private equity giant Orion Mine Finance.The streaming agreement - an upfront investment in exchange for a share of future production, usually at a steep discount - lifted the Quebec City-based company's market value to $412m.Nemaska is building the Whabouchi h...Read More

LONDON (Reuters) - Banks' metals-related revenues exceeded their earnings from the oil sector last year for the first time since 2014 as low and relatively stable crude prices discouraged hedging activity, but this is unlikely to be the start of a new trend.Banks' commodity revenue has been on a steady downward path in recent years as they have exited or slimmed down their commodity businesses due...Read More

(Bloomberg) - It's been an unprecedented week for aluminum.The U.S.'s decision to blacklist United Co. Rusal, the world's second-biggest aluminum maker, set off a rush to secure supply. Prices rose by a record this week, with ripple effects felt by car makers in Atlanta, Swiss commodity traders and processing plants in the Irish countryside."There's a scramble to replace Russian material with non...Read More

TSLA shares are also on track for their sixth weekly loss in sevenShares of Tesla Inc (NASDAQ:TSLA) are trading up 1.8% at $299.29, after CEO Elon Musk replied to a report in The Economist criticizing the electric car company's cash flow. Specifically, in response to an article entitled "Tesla is heading for a cash crunch," Musk tweeted, "Tesla will be profitable & cash flow+ in Q3 & Q4, so obv no...Read More

(Reuters) - U.S. stocks opened higher on Friday after a trio of big banks reported strong quarterly results, while geopolitical risks and concerns over trade war eased.The Dow Jones Industrial Average rose 140.59 points, or 0.57 percent, to 24,623.64. The S&P 500 gained 14.45 points, or 0.542419 percent, to 2,678.44. The Nasdaq Composite added 39.68 points, or 0.56 percent, to 7,179.92.Reporti...Read More

Have ABBV shares bottomed? It was a strong start to the year for Humira maker AbbVie Inc (NYSE:ABBV), with the shares rallying to a record high of $125.84 back on Jan. 26 thanks to a strong earnings report and outlook. But disappointing news surrounding the drugmaker's Rova-T treatment a few weeks back resulted in a massive bear gap, ultimately sending ABBV below the $90 for the first time since O...Read More

MUMBAI/BENGALURU, April 13 (Reuters) - Physical gold demand in second-biggest consumer India saw an uptick this week ahead of a key festival, although higher prices weighed on sentiment across the broader Asian markets.Next week Indians will be celebrating the annual festival of Akshaya Tritiya, when buying gold is considered auspicious."Many potential buyers were on the sidelines. They started bu...Read More

MOSCOW (Reuters) - The new round of U.S. sanctions against Russia will have a “severe effect” on targeted companies and will limit Russia’s potential economic growth, Fitch Ratings said on Friday.The U.S. Treasury on April 6 announced sanctions on seven Russian oligarchs and 12 companies they own or control, saying they were profiting from a Russian state engaged in “malign...Read More

BOSTON (Reuters) - The Federal Reserve will probably need to raise interest rates at least three more times this year in the face of a robust U.S. economy, even while possible trade disruptions pose risks, a top Fed policymaker said on Friday.Boston Fed President Eric Rosengren painted an optimistic picture of strong U.S. job growth, a small rise in inflation, and above-average economic growth. Bu...Read More

(Reuters) - Wells Fargo & Co (WFC.N) has been offered a penalty of $1 billion by regulators to resolve outstanding investigations related to auto insurance and mortgage lending abuses, the third-largest U.S. bank by assets said on Friday.Reuters reported on Monday that the Consumer Financial Protection Bureau and Office of the Comptroller of the Currency were preparing a fine of up to $1 billi...Read More

NetApp stock has added over 70% year-over-yearNetApp Inc. (NASDAQ:NTAP) stock is hitting fresh highs again, after J.P. Morgan Securities initiated coverage with an "overweight" rating and price target of $80. The analyst in coverage likes NetApp's strong balance sheet and the newfound focus on software. This comes after Maxim yesterday chimed in with a price-target hike of its own, to $81 from $70...Read More

LONDON, April 13 (Reuters) - Rio Tinto said it will declare force majeure on certain customer contracts after the U.S. imposed sanctions on its partner Russian aluminium producer Rusal.The mining group said on Friday it was working with its customers to minimise disruptions to supply and would fully comply with U.S. sanctions.Rio also said it was reviewing Rusal's 20 percent stake in the Queenslan...Read More

(Kitco News) - Gold prices have erased mild early losses and are trading slightlyhigher and at the daily highs in morning dealings Friday. Buyers have steppedin to buy the dip, ahead of what is an uncertain weekend on the geopoliticalfront. President Trump has threatened to hit Syria with missiles, but thetiming of any strike is uncertain. Still, there is the possibility the U.S. could hit Syria w...Read More