Thought of the Morning: Tesla By: @BrianSozzi Tesla shares under pressure again on Wednesday -- stock is down almost 10% this week. A helpful thought buried in Moody's credit rating downgrade on Tesla Tuesday. "These cash needs will likely require Tesla to undertake a near-term capital raise exceeding $2 billion. Moreover, if the company maintains its expected pace of expansion, it will likely n...Read More

* FTSE up 0.6 pct at close, regains 7,000-point level* Shire soars on possible Takeda takeover bid* Defensives rise, miners and energy stocks fall (Recasts, adds detail and chart, updates prices at close)By Tom Pfeiffer and Kit ReesLONDON, March 28 (Reuters) - A move into defensive stocks helped Britain's FTSE climb to a one-week high on Wednesday, shaking off broader concerns over the U.S. tech...Read More

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE index down 1 pct* Fifth daily drop in six sessions* Mining, energy stocks fall* Shire soars on Takeda possible takeover bid* Unilever , Capita move higherBy Tom PfeifferLONDON, March 28 (Reuters) - Britain's FTSE index resumed its downward march on Wednesday as negative newsflow around the U.S. tech giants and linge...Read More

Investing.com - Gold prices slipped on Wednesday as the dollar pushed higher amid renewed concerns over the prospect of a trade war between the U.S. and China and after steep falls on Wall Street and in Asia led by a selloff in tech stocks.Gold futures for April delivery on the Comex division of the New York Mercantile Exchange slid $1.7 or 0.13% to $1,340.30 a troy ounce by 05:13 AM ET (09:13 GMT...Read More

New float hopeful Metals 479, which takes its name from a portmanteau of the atomic numbers of silver (47) and gold (79), was established last year with Spott, supported by Australian fund managers and high net worth individuals.Read More

(Bloomberg) -- Rio Tinto (LON:RIO) Group completed its exit from coal with a bang, agreeing to sell more than $4 billion of Australian mines in just a week.The world’s second-biggest miner on Tuesday agreed to sell its last coal mine, the Kestrel operation in Australia’s Queensland state, for $2.25 billion to private equity firm EMR Capital and Indonesia’s PT Adaro Energy. Th...Read More

The latest news and price moves to start the Asian day on Thursday March 29.Base metals prices on the London Metal Exchange generally ended higher at the close of trading on Wednesday March 28, with only aluminium and zinc trading lower. Read more in our live futures.Here are how LME prices looked at Wednesday's close:Indonesia's Gresik copper smelter in eastern Java will shut down for up to 10 da...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 $20.10 to $1,324.40 on Wednesday. The TSX Venture Exchange fell 18.61 points to 784.22 while the TSX Gold Index fell 3.55 points to 184.04. Most Canadian gold miners lost ground today, some taking a big hit. Pre...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 Wednesday was a bleak 53-108-129. The TSX Venture Exchange fell 18 points to 784 while polished diamond prices inched higher. Dr. Stewart Blusson's Archon Minerals Ltd. (ACS) jumped 28 cents to $...Read More

The latest news and price moves to start the Asian day on Thursday March 29.Base metals prices on the London Metal Exchange generally ended higher at the close of trading on Wednesday March 28, with only aluminium and zinc trading lower. Read more in our live futures.Here are how LME prices looked at Wednesday's close:Indonesia's Gresik copper smelter in eastern Java will shut down for up to 10 da...Read More

Investing.com - Gold prices slipped on Wednesday as the dollar pushed higher amid renewed concerns over the prospect of a trade war between the U.S. and China and after steep falls on Wall Street and in Asia led by a selloff in tech stocks.Gold futures for April delivery on the Comex division of the New York Mercantile Exchange slid $1.7 or 0.13% to $1,340.30 a troy ounce by 05:13 AM ET (09:13 GMT...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 Reporter West Texas Intermediate crude for May delivery lost 87 cents to $64.38 on the New York Merc, while Brent for May lost 58 cents to $69.53 (all figures in this para U.S.). Western Canadian Select traded at a discount of $23.40 to WTI ($...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 dropped 18.61 points to 784.22 Wednesday.Zula Kropivnitski's halted Spirit Bear Capital Corp. (SBG: $0.29) has firmed up plans to acquire FinX Solutions Inc. as its qualifying transaction. Spirit Bear, with 9.4...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 CaswellThe Investment Industry Regulatory Organization of Canada has imposed a six-month ban and $55,000 in financial penalties on Steven Fred Bodon, a brokerage employee of 31 years. The regulator said that Mr. Bodon inflicted substantial losses in the acco...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 CaswellBrian Robert Sodi, the Florida stock tout also known as the "Mailman," has pleaded not guilty to charges he faces for a $1.1-million OTC Markets scheme. (All figures are in U.S. dollars.) Mr. Sodi, 46, entered the plea in an appearance on Monday, Marc...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 Reporter West Texas Intermediate crude for May delivery fell 30 cents to $65.25 on the New York Merc, while Brent for May lost one cent to $70.11 (all figures in this para U.S.). Western Canadian Select traded at a discount of $23.40 to WTI ($...Read More

Edmonton-based Grizzly Discoveries announced its intentions to purchase the cobalt-copper-silver "Robocop Property," located within the Fort Steele Mining District in southeastern British Columbia.In detail, the property is located east of the company's Greenwood property or approximately 45 kilometres south of the town of Fernie, immediately north of the Canada-US border. Robocop is comprised of...Read More

Melanie and Peter MunkWith great sadness, Barrick Gold founder Peter Munk passed away today. Last Spring I wrote a lengthy essay on who should be included in a historic Top Ten List of Canadian Mining Men. Peter Munk made the number one spot. Here is why. – Stan Sudol1) Peter Munk – Canada's Godfather of Gold (Barrick Gold)In November 2005, Peter Munk launched a takeover bid of histor...Read More

Gold is back above US$1,350 per ounce, yet many of the producers continue to linger near their 12-month lows.Let's take a look at the current situation to see whether this is the right time to add the miners to your portfolio.Fear tradeGold recently surged from US$1,310 to US$1,355 on fears that a global trade war is about to erupt.What's going on?U.S. President Donald Trump is threatening to slap...Read More

The spot price of gold and silver fell over 1% on March 28, as revised Q4 GDP numbers in the U.S. pushed up growth to 2.9%.The S&P/TSX Index extended its losing streak with a 46-point drop on March 28. Indexes in the United States experienced a volatile trading day that ended with the Dow Jones Industrial Average up triple digits but with the S&P 500 and NASDAQ finishing in the red. Ahead...Read More