Story by Jeff DesjardinsCourtesy of: Visual CapitalistChina's staggering demand for commodities>50% of all steel, cement, nickel, and copper goes thereThe Chart of the Week is a weekly Visual Capitalist feature on Fridays.It's said that in China, a new skyscraper is built every five days.China is building often, and they are building higher. In fact, just last year, China completed 77 of the wor...Read More

Story by Jeff DesjardinsCourtesy of: Visual CapitalistChina's staggering demand for commodities>50% of all steel, cement, nickel, and copper goes thereThe Chart of the Week is a weekly Visual Capitalist feature on Fridays.It's said that in China, a new skyscraper is built every five days.China is building often, and they are building higher. In fact, just last year, China completed 77 of the wor...Read More

By Sin?(C)ad Carew and April JoynerMarch 2 (Reuters) - Shares in big U.S. steel companies andmanufacturers were under pressure on Friday on uncertainty overthe effects of U.S. President Donald Trump's announcement of aplan to impose tariffs on steel and aluminum.Steel stocks were volatile and some erased part of theprevious day's gains, as investors worried threats ofretaliation from overseas trad...Read More

March 2 (Reuters) - * Dentsply Sirona Increported quarterly adjusted earnings of 82 cents per share.The mean expectation of 14 analysts for the quarter endedDecember 31 was for earnings of 81 cents per share.* Revenue rose 9.6 percent to $1.09 billion from a year ago;analysts expected $1.06 billion.* Dentsply Sirona Inc's Reported EPS for the quarter was a lossof $2.95.* The mean earnings estimate...Read More

March 2 (Reuters) - * Perrigo Company PLCreported quarterly adjusted earnings of $1.28 per share. The mean expectationof 18 analysts for the quarter ended December 31 was for earnings of $1.25 pershare.* Revenue rose 20.5 percent to $1.28 billion from a year ago; analysts expected$1.25 billion.* Perrigo Company PLC's Reported EPS for the quarter was 52 cents.* The mean earnings estimate of analyst...Read More

MEXICO CITY, March 2 (Reuters) - U.S. President Donald Trump's threats to unleash a trade war over steel crushed hopes of substantial progress in the latest talks to rework NAFTA, heightening fears for the trade deal's future.Trump said on Thursday that a plan for protectionist tariffs of 25 percent on steel imports and 10 percent on aluminum goods would be announced next week, following up on Twi...Read More

The Federal Reserve digested the Trump administration's massive tax cuts and plan to boostspending with barely a hiccup, but Washington's sudden push for steep tariffs on steel andaluminum imports could saddle the U.S. central bank with the worst of both worlds - risinginflation and a slowing global economy.The combination of fiscal stimulus, which Fed officials viewed as hardly a game-changer for...Read More

Gold still under short-term pressure as stock market weakness weighs.Once panic mentality recedes, however, gold should bottom.Yellow metal stands to benefit from increasing fear factors.After breaking its pivotal short-term support earlier this week, gold and the leading gold ETFs showed additional weakness on Thursday as investors' concerns over President Trump's latest trade policy plans create...Read More

** Shares of gun makers rebounding for a second day on Fri, evenafter Smith & Wesson-owner American Outdoor Brands gives weak qtrly outlook** AOBC up 1.9 pct, and rival Sturm Ruger & Company jumping 5 pct** Blackrock Inc said it has started asking gunmakers tough questions about use of their firearms in massshootings; Index fund operator BLK is largest shareholder inAOBC and RGR ** Blackro...Read More

* Trump's tariffs announcement poses headache for Fed* Markets still betting on U.S. interest rate hike in MarchBy Howard Schneider and Ann SaphirWASHINGTON, March 2 (Reuters) - The Federal Reserve digestedthe Trump administration's massive tax cuts and plan to boostspending with barely a hiccup, but Washington's sudden push forsteep tariffs on steel and aluminum imports could saddle theU.S. centr...Read More

FRANKFURT, March 2 (Reuters) - Swiss investor Martin Ebneris in talks to buy Swiss-German United Grinding, as otherbidders have dropped out of the race for the machine tool maker,two people close to the matter said. China Jianyin Investment (JIC), which had been keen to buyBern-based UGG, is no longer in the running, one of them said.Switzerland's Oerlikon has also dropped out of theauction for th...Read More

(Repeats without change)By Davide ScigliuzzoNEW YORK, March 2 (IFR) - Banks that helped the firearmsindustry to raise billions of dollars have been hesitant to stepinto the public debate on gun violence following the latestschool shooting in Florida.Their silence stands in contrast to the US names - including retailers, airlines and car rental companies - thathave either sought to distance themsel...Read More

FRANKFURT, March 2 (Reuters) - The European Central Bank hasstopped supervising the Austrian arm of Russian state bank VTBafter it slimmed down its European operations, the ECB said onFriday.A spokeswoman for the ECB said VTB's new set-up in Europe nolonger warranted direct supervision, which was now in the handsof Germany's national regulators, Bafin and the Bundesbank.Public scrutiny of ties bet...Read More

March 2 (Reuters) - * Foot Locker Increported quarterly adjusted earnings of $1.26 per share.The mean expectation of 20 analysts for the quarter endedJanuary 31 was for earnings of $1.25 per share.* Revenue rose 4.6 percent to $2.21 billion from a year ago;analysts expected $2.22 billion.* Foot Locker Inc's Reported EPS for the quarter was a lossof 40 cents.* The mean earnings estimate of analysts...Read More

After snapping their best monthly win streak in years, stocks continued to struggle as the calendar turned to March. Focus early in the week centered on the congressional testimony of new Fed Chair Jerome Powell. Powell's suggestion that more than three rate hikes are possible in 2018 rattled markets and sparked another rise in bond yields. But it was President Donald Trump's announcement of steep...Read More

(Adds details from speech, reaction)By Lisa LambertMarch 2 (Reuters) - Deputy U.S. Attorney General RodRosenstein on Friday laid out the Trump administration'sapproach to fighting financial crime, saying the government willfocus more heavily on certain tax violations and that it iscracking down on securities fraud."We are using data analytics to more quickly identify,investigate and prosecute...Read More

* Trump tweets: "Trade wars are good, and easy to win"* J.C. Penny slumps after disappointing quarter* Wall Street in the red after two weeks of gains* Dow off 0.6 pct, S&P flat pct, Nasdaq up 0.35 pct(Updates to early afternoon)By Ankur Banerjee and Sruthi ShankarMarch 2 (Reuters) - U.S. stock indexes recouped some losseson Friday, but were on track to end the week in the red asinve...Read More

Shares of Lululemon Athletica inc. (NASDAQ:LULU) bottomed at an annual low of $47.26 back in May, but have been soaring on the charts ever since -- up almost 73%. What's more, LULU stock topped out at a record high of $83.59 on Tuesday, and were last seen trading not far from here at $81.17. And with earnings not due until late March, it could be a prime time for options traders to bet on a short-...Read More

** Home security company's shares drop as much a23 pct to record $5.13** Stock among top pct losers on Nasdaq** Company posts Q4 revenue $133.5 mln, down 5 pct, due to afall in number of subscribers ** Brokerage Stifel says is cautious on company and also onthe industry, as trends in quarter including declining revenueand shrinkage in subscribers account base are likely tocontinue; Cuts PT to $13...Read More

One month after the February stock market rout is an excellent time to step back and review all the facts - and their implications for the gold market. Here's exactly what happened - and what it implies for your capital allocation.After more than a year of continuously advancing, the S&P 500 fell nearly 10 percent in five days.The sell-off was allegedly triggered by the surprisingly strong January...Read More