By Ana ManoSAO PAULO, Feb 1 (Reuters) - Talks are on track between Brazilian logistics operator Hidrovias do Brasil SA and its lenders over a plan for the company to repay existing project finance debt with proceeds from a recent note issue, a person close to the matter told Reuters.The move, designed to give the company more flexibility to evaluate new projects to move commodities on Brazil's und...Read More

U.S. stocks are mixed this afternoon, as the major equity indexes struggle to start the new month on a positive note. Among the stocks making notable moves today are game developer The9 Limited (NASDAQ:NCTY), medical device concern ReWalk Robotics Ltd. (NASDAQ:RWLK), and software company Open Text Corp. (NASDAQ:OTEX). Here's a closer look at what's moving shares of NCTY, RWLK, and OTEXtoday.NCT...Read More

We recently examined a bullish extreme in the weekly Investors Intelligence (II) sentiment survey, as the "bulls minus bears" percentage ramped above 50% for the first time since 1987 (a calendar year that's likely to bring up some unpleasant associations for most investors). This week, as the II bulls-bears line remains unusually high, here's a sobering angle on this rampant investor optimism.Bul...Read More

Gold futures notched a second straight gain on Thursday, finding support on the back of a weaker dollar even after the Federal Reserve said it expects inflation "to move up this year" in a sign it is likely to hike rates at its next meeting in March. Read: Fed takes step toward rate increase as baton set to pass to Powell Analysts said the March hike is likely widely priced in to trading. For n...Read More

The main U.S. stock market indexes gained 0.1-0.3% on Wednesday, as they fluctuated following recent move down. Investors were uncertain ahead of quarterly earnings, FOMC Rate Decision, economic data releases. The S&P 500 index remained below its Tuesday's relatively big daily gap down. It currently trades around 2.1% below its January 26 record high of 2,872.87. Yet, it remains 4.7% above its...Read More

By Sin?(C)ad CarewFeb 1 (Reuters) - One of the oldest Wall Street adages dictates: "So goes January, goes the year." After the S&P 500's gain of almost 6 percent in the first month of 2018, that should mean the rest of the year will follow suit.Since 1950, there have been only nine major contradictions to the so-called January Barometer, according to the Stock Traders Almanac whose f...Read More

MEXICO CITY, Feb 1 (Reuters) - Mexico's anti-trust agency on Thursday said in a statement that it is investigating "probable" monopoly practices in Mexico's e-commerce market.The Federal Commission for Economic Competition, or Cofece, said in a statement that it was investigating possible monopolistic practices, such as price discrimination, that was affecting free commerce.Cofece had pu...Read More

Andrew Day, chief executive of Keywords Studios PLC (LON:KWS), talks Proactive through the firm's 2017 trading update.Day says they're expecting 2017 revenues and profits to be "comfortably ahead" of market expectations.The company snapped up eleven businesses last year, including two of its biggest deals to date: the ?,?53.3mln (US$66mln) takeover of VMC Consulting and the ?,?21.8mln (US$27mln) a...Read More

Renforth Resources Inc.(CSE:RFR) ("Renforth" or the "Company") is pleased to announce that 33 whole or fractional claim units have been staked and 25 whole or fractional claim units acquired, increasing the size of the southern portion of the New Alger Property.Read full newsRead More

   •  Surging US bond yields prompts fresh selling.   •  Renewed USD weakness helps limit downside.   •  Reviving safe-haven demand lends additional support. Gold maintained its offered tone through the early NA session and was now seen consolidating daily losses around the $1340 level.  A hawkish Fed outlook, signalling at least thr...Read More

By Heather SomervilleSAN FRANCISCO, Feb 1 (Reuters) - Short-term home rental service Airbnb Inc will not go public this year, the company said on Thursday, and it appointed its first chief operating officer as it pursues global growth and tighter management of its finances as a more mature company."We're working on getting ready to go public and we will make decisions about going public on ou...Read More

BUENOS AIRES, Feb 1 (Reuters) - Argentina's tax revenue rose in January to 261.961 billion pesos ($13.54 billion), up 23.9 percent compared with a year earlier, the AFIP tax agency said on Thursday. Excluding one-time income from a tax amnesty program in January 2017, tax income was up 28.6 percent year-over-year, AFIP said.($1 = 19.3500 Argentine pesos) (Reporting by Eliana Raszewski, writing by...Read More

By Felipe IturrietaSANTIAGO, Feb 1 (Reuters) - Chile iron ore and steel producer CAP SA more than doubled its earnings in 2017 over the previous year, the company said in a year-end earnings report on Thursday, boosted by rising iron prices even as its total exports of the metal dropped.CAP reported profits of $130.3 million in 2017, more than double its earnings of $60.3 million in 2016."Thi...Read More

NEW YORK (Reuters) - The U.S. economy is on track to grow at a 5.4 percent annualized rate in the first quarter following the latest data on manufacturing and construction spending, the Atlanta Federal Reserve’s GDPNow forecast model showed on Thursday.The latest estimate on gross domestic product was faster than the 4.2 percent growth pace calculated on Monday, the Atlanta Fed said.Reportin...Read More

BUENOS AIRES, Feb 1 (Reuters) - Argentina's tax revenue rose in January to 261.961 billion pesos ($13.54 billion), up 28.6 percent compared with a year earlier, the AFIP tax agency said on Thursday. ($1 = 19.3500 Argentine pesos) (Reporting by Eliana Raszewski, writing by Luc Cohen, editing by G Crosse) Disclaimer: The views expressed in this article are those of the author and may not reflect th...Read More

(Kitco News)- The bottom continues to fall out of bitcoin as prices dropbelow key support levels but analysts don’t see the renewed weakness helpingthe gold price retest its recent highs.Thursday, bitcoin continued to make waves in financialmarkets as the price dropped below $10,000 with analysts expecting to see lowerprices in the near-term. Last trading at $9,129, bitcoin is down 54% from...Read More

(Kitco News) - The bottom continues to fall out of bitcoin as prices drop below key support levels but analysts don’t see the renewed weakness helping the gold price retest its recent highs.Thursday, bitcoin continued to make waves in financial markets as the price dropped below $10,000 with analysts expecting to see lower prices in the near-term. Last trading at $9,129, bitcoin is down 54%...Read More

SANTIAGO, Feb 1 (Reuters) - The powerful union at BHP's Escondida copper mine, the world's largest, on Wednesday cast doubt on chances of starting talks on a new labor agreement with the company before formal negotiations scheduled for June.The 2,500-member Union 1, which held a strike for 43 days last year and cost BHP Billiton an estimated $1 billion, also questioned in a letter to members the l...Read More

(Recasts; adds background, expected appointment of new CEO)SAO PAULO, Feb 1 (Reuters) - Brazil's Banco Bradesco SA set a cautious tone with its guidance for the year just days before the long-anticipated announcement of its new chief executive officer, who is expected to take the helm next month. The second-largest private lender in the country disappointed analysts with modest targets for 2018 c...Read More

JOHANNESBURG, Feb 1 (Reuters) - Glencore on Thursday said copper output in 2018 should rise to nearly 1.5 million tonnes as its Katanga mine in Democratic Republic of Congo ramps up to add roughly 150,000 tonnes, as well as 11,600 tonnes of cobalt.During the commodities crash in 2015, Glencore reduced output of commodities including zinc and copper and shut its Katanga operation in Congo for an up...Read More