One Hot Market Stat to Know Right Now Jefferies speculates Amazon's (AMZN) cloud services business AWS could produce $60 billion in annual revenue in five years versus a $20 billion run rate today. Via @BrianSozzi Market Snapshot Global stocks rebounded Thursday, April 5, and Wall Street futures were pointing to a positive open as worries about a full-blown trade war between the U.S....Read More
Investing.com - Gold prices fell on Thursday as risk appetite recovered amid investor bets that recent tariff announcements by the U.S. and China are negotiating tactics and the countries will ultimately reach a compromise.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were last down by $13.10, or around 1%, to $1,327.20 a troy ounce at 10:46AM ET (14:46GM...Read More
Investing.com - Gold prices fell on Thursday as risk appetite recovered amid investor bets that recent tariff announcements by the U.S. and China are negotiating tactics and the countries will ultimately reach a compromise.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange fell $10.20 or 0.75% to $1,330.00 a troy ounce by 03:30 AM ET (07:30 AM GMT).Prices of t...Read More
The latest news and price moves to start the Asian day on Friday April 6. Zinc prices came under further pressure on the London Metal Exchange on Thursday April 5 while the rest of the base metals complex moved higher, with market sentiment improving due to potential talks between the United States and China around trade tensions. Read more in our live futures report. Here is how pr...Read More
The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canap?(C) and wine reception. Details on the presenting companies can be found below. This event is suitable for the following:Sophisticated & private investors, private client brokers, fund managers, financial instit...Read More
Eldorado Gold won the arbitration against the Greek government.The remaining Skouries mine permits should be received sooner or later.Eldorado Gold should focus on Lamaque and Kisladag and leave Skouries at care and maintenance at least by 2022.EGO is a great buy at a share price below $1.Eldorado Gold (EGO) announced a positive ruling of the arbitration panel regarding its Greek Skouries mine. Ac...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Thursday was a rousing 100-62-132. The TSX Venture Exchange gained six points to 770 while polished diamond prices rose 0.2 per cent. Dr. Waldo Perez's Neo Lithium Corp. (NLC) added 12 cents to $...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold fell $6.60 to $1,326.20 on Wednesday. The TSX Venture Exchange regained 6.78 points to 770.56 while the TSX Gold Index added 0.58 point to 184.41. Most Canadian gold minersedged higher today. Agnico Eagle Mines Ltd....Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterWest Texas Intermediate crude for May delivery gained 17 cents to $63.54 on the New York Merc, while Brent for June gained 31 cents to $68.33 (all figures in this para U.S.). Western Canadian Select last traded at a discount of $23.40...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange closed up 6.78 points to 770.56 Thursday.David Antony has filed a preliminary prospectus to list his first capital pool shell, Rider Investment Capital Corp.The shell plans to sell a $250,000 initial public off...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellMichael Kipp, the former chief financial officer of Toronto Stock Exchange Swisher Hygiene Inc., has asked a judge in North Carolina to put him in jail for no more than a year for his part in an accounting fraud at the company. He says that he has alr...Read More
The latest news and price moves to start the Asian day on Friday April 6. Zinc prices came under further pressure on the London Metal Exchange on Thursday April 5 while the rest of the base metals complex moved higher, with market sentiment improving due to potential talks between the United States and China around trade tensions. Read more in our live futures report. Here is how pr...Read More
Dividend investors are looking for ways to get exposure to U.S. growth through Canadian companies. This is a particularly important strategy for savers or income investors who own stocks inside their Tax-Free Savings Account (TFSA).Why?The distributions from Canadian stocks owned in a TFSA are not taxed, but any U.S.-based stock that is held in a TFSA would have its dividends subjected to a withh...Read More
Following a brief stretch where things were more than a little touch and go, markets responded strongly in the second half of Wednesday's trading and into Thursday with the S&P 500 up 3.47% since noon on Wednesday, the Dow Jones Industrial Average up 4.17%, and Canada's benchmark index, the TSX Composite Index, up 2.43% from its intraday Wednesday lows.The reversal in sentiment is certainly a...Read More
Gold prices moved down on April 5 after it appeared that trade tensions between China and the United States would subsist on comments from chief economic advisor Larry Kudlow. Both countries have made it known that they are willing to negotiate rather than resort to a full-blown trade war. Canadian and U.S. indexes finished the day in the black, but the optimism appears to have been short-lived.On...Read More
The US Nuclear Regulatory Commission (NRC) has approved the issuance of combined construction and operating licences (COLs) for the two proposed AP1000 reactors at Florida Power and Light's (FPL's) Turkey Point plant in Florida. The utility has yet to make a final decision on whether to proceed with building the units.How Turkey Point 6 and 7 could appear adjacent to the existing plant (Image: FPL...Read More
The United States has sanctioned and frozen the assets of Oleg Deripaska and UC Rusal that are subject to US jurisdiction, prompting bullish sentiment and expectations of tightness in the US aluminium market, industry participants told Metal Bulletin."All assets subject to US jurisdiction of the designated individuals and entities, and of any other entities blocked by operation of law as a result...Read More
Peninsula Energy Ltd (ASX:PEN) produced 43,638 pounds of uranium from its Wyoming-based Lance Project during the three months to March 31, 2018.This represented a quarter-on-quarter increase of 12% and was a catalyst for an increase of almost 10% in Peninsula Energy's shares to an intra-day high of 24 cents.Managing director Wayne Heili said: "The most recent quarter continues our precedent of ach...Read More
Aluminium prices on the London Metal Exchange had rallied by 2.2% at the close on Friday April 6 following the announcement that the United States has sanctioned and frozen Oleg Deripaska's assets subject to US jurisdiction,which includes Rusal.The three-month aluminium price closed at $2,042 per tonne, its highest since before the Easter break. "[Aluminium made] a late charge to $2,055 per t...Read More
The United States has sanctioned and frozen Oleg Deripaska's assets subject to US jurisdiction, the US Treasury said in a release on Friday April 6. The department designated Deripaska, who stepped down as president of both UC Rusal and EN+ in February, as a Russian oligarch. Deripaska is a non-executive director on EN+. The department said in the release he has acted or purportedly acted...Read More