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DIARY - Today in Washington - Jan 11

January 10, 2018 / www.kitco.com

ALL TIMES IN EST/GMT -------------------------------------------------------0830/1330: The Labor Dept. issues weekly Jobless Claims; issues Producer Price Index for December.0830/1330: The USDA releases weekly Export Sales.1000/1500: Freddie Mac issues weekly U.S. mortgage rates.1030/1530: EIA issues weekly U.S. underground natural gas stocks.1100/1600: The Treasury Dept. makes weekly announcement...Read More

Deals of the day-Mergers and acquisitions

January 10, 2018 / www.kitco.com

(Adds Nestle, SS&C, Bayer, Galeries Lafayette, Intesa SanPaolo, Henri Selmer Paris; Updates Twenty-First Century Fox Inc)Jan 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday:** Huawei Technologies Co Ltd's planned deal with U.S. carrier AT&T Inc to sell its smartphones in the United States has collapsed at the 11th hour because...Read More

Thor Mining boosts reserves at Molyhil

January 10, 2018 / www.proactiveinvestors.co.uk

Part of the attractiveness of Thor Mining's (LON: THR) new reserve upgrade is that it allows for the extension of the mine life at the Molyhil tungsten-molybdenum project by 17% to seven years. CEO Mick Billing tells Proactive about the grade of the reserves and gives us an idea of volumes as well as bringing us up to date on Thor cost cutting and profitability aspirations. Also word here on congl...Read More

UPDATE 1-Strong 10-year auction stabilizes U.S. bond market

January 10, 2018 / www.kitco.com

(Recasts first paragraph, adds comment)NEW YORK, Jan 10 (Reuters) - Strong demand at a $20 billion U.S. 10-year government note sale on Wednesday stabilized a bond market that was rattled by a Bloomberg report that said China may pare or stop buying Treasuries because it sees them as unattractive amid rising U.S.-China trade tension.China is the biggest foreigner holder of U.S. government debt, to...Read More

Argentina refinances $1 bln in expiring Treasury notes

January 10, 2018 / www.kitco.com

BUENOS AIRES, Jan 10 (Reuters) - Argentina refinanced $1 billion in expiring Treasury notes after receiving orders worth $2.9 billion, the finance ministry said in a statement on Wednesday.The ministry said the sale was split between $500 million in 196-day notes expiring in July, which received $1.9 billion in orders, and $500 million in 364-day notes expiring next January, which received $976 mi...Read More

Fuel Cell specialist CeresPower fully charged for 2018/9

January 10, 2018 / www.proactiveinvestors.co.uk

CEO of Ceres Power(LON:CWR) Phil Caldwell tells Proactive how he sees fuel cell technology completely taking over from combustion engine driven energy...he says a revolution is happening and Ceres is at the forefront of that. Ceres has signed another joint development agreement with an original equipment manufacturer (OEM).Ceres and the unnamed new partner will work together to develop prototype m...Read More

Where is Gold Headed Next Week? VOTE NOW!

January 10, 2018 / www.kitco.com

(Kitco News) - Kitco aficionados, it isnow time to have your say in where you think gold prices are heading in theshort-term.Will gold prices go higher, lower or remain unchanged nextweek? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12PM EDT) along with the results fromour market professional survey.Readers can also se...Read More

Where is Gold Headed Next Week? VOTE NOW!

January 10, 2018 / www.kitco.com

(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our market professional survey.Readers can al...Read More

Call Buyers Could Keep Winning With Deere Stock

January 10, 2018 / www.schaeffersresearch.com

Deere & Company (NYSE:DE) turned in a strong annual return in 2017. However, the stock could have more fuel in the tank. Although DE stock was last seen down 0.6% at $164.54, the shares hit a record high of $168.44 earlier after receiving some bullish analyst attention, and just flashed a familiar buy signal. Deere & Co stock was upgraded to "outperform" from "sector perform" at RBC this morning,...Read More

HMNY CEO Talks Blockchain; ISRG Stock Nabs New High

January 10, 2018 / www.schaeffersresearch.com

As the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) stare down their first loss of 2018, several stocks are proving to be resilient in the risk-off session. Among them are cancer specialist Epizyme Inc (NASDAQ:EPZM), MoviePass owner Helios and Matheson Analytics Inc (NASDAQ:HMNY), and da Vinci Surgical System parent Intuitive Surgical, Inc. (NASDAQ:ISRG). Here's a quick look at what has shares...Read More

CORRECTED-TREASURIES-U.S. 10-year yields highest since March on China bond holdings fears

January 10, 2018 / www.kitco.com

(Corrects seventh graph to show market reaction after auction)* China may slow or halt U.S. bond purchases -report* Ten-year yields highest since March* Treasury sells 10-year notes at highest yield since August By Karen Brettell and Kate DuguidNEW YORK, Jan 10 (Reuters) - U.S. Treasury yields jumped to 10-month highs on Wednesday after Bloomberg News reported that Chinese officials have recommen...Read More

Indian regulator bars Price Waterhouse from auditing listed firms for 2 years

January 10, 2018 / www.kitco.com

By Devidutta Tripathy and Abhirup RoyMUMBAI, Jan 11 (Reuters) - India's capital market regulator late on Wednesday barred Price Waterhouse from auditing listed companies in the country for two years, after a probe into a nearly decade-old accounting fraud case in a software services company that became India's biggest corporate scandal.Ramalinga Raju, founder and former chairman of the erstwhile s...Read More

Ceres Power rallies as it signs new joint development agreement

January 10, 2018 / www.proactiveinvestors.co.uk

Ceres Power Holdings PLC (LON:CWR) shares climbed 4% to 14.95p after the solid oxide fuel cell developer announced that it signed a new joint development agreement with an undisclosed "significant" European-based original equipment manufacturer.Ceres and the new partner will work together to develop prototype multi-kilowatt power systems for several potential applications. It marks the fifth agree...Read More

Canada Increasingly Sure Trump To Pull Plug On NAFTA - Sources

January 10, 2018 / www.kitco.com

LONDON, Ontario (Reuters) - Canada is increasingly convinced that U.S. President Donald Trump will soon announce that the United States intends to pull out of the North American Free Trade Agreement, two government sources said on Wednesday.The sources said they expected Trump would make his move at about the same time that negotiators from the United States, Canada and Mexico meet in late January...Read More

Canada Increasingly Sure Trump To Pull Plug On NAFTA - Sources

January 10, 2018 / www.kitco.com

LONDON, Ontario (Reuters) - Canada is increasingly convinced that U.S. President Donald Trump will soon announce that the United States intends to pull out of the North American Free Trade Agreement, two government sources said on Wednesday.The sources said they expected Trump would make his move at about the same time that negotiators from the United States, Canada and Mexico meet in late January...Read More

Rallying Copper Stocks Await Bullish Analyst Revisions

January 10, 2018 / www.schaeffersresearch.com

Considering how well copper futures have performed in recent months, it may not be too surprising that long copper positions are at a record high, based on the most recent Commitment of Traders (CoT) report. Meanwhile, data from Schaeffer's Senior Quantitative Analyst Rocky White shows that 95% of the stocks in our Industrial Metals and Mining sector are trading above their 80-day moving average,...Read More

Golden Predator Continues to Expand Gold Zones at 3 Aces Project

January 10, 2018 / bit.ly

Golden Predator Mining Corp. (TSXV:GPY) (OTCQX:NTGSF)reports the results of 42 Reverse Circulation (RC) drill holes completed in 2017 at the 3 Aces Project in southeastern Yukon.Read full newsRead More

Reform overdue to drive growth and protect Australia from future downturn

January 10, 2018 / www.mining.com

The National Energy Guarantee has the potential to help policy-makers navigate from the quagmire of policy distortion to the mainstream of market selection of fuels and technologies.In particular, the Reliability Guarantee recognises the reality that industrial users (who account for 70 per cent of national electricity consumption) require affordable and reliable sources of baseload power to maint...Read More

Bets On U.S. Inflation Heat Up In Bond Market

January 10, 2018 / www.kitco.com

Richard LeongNEW YORK (Reuters) - More investors are favoring U.S. bonds that profit from a pickup in inflation as the global economy gathers momentum with oil and other basic commodity prices recently hitting multi-year highs.As a result, market forces in key economies and efforts by their policymakers might finally be aligning to lift inflation to 2 percent, a level the Federal Reserve and its c...Read More

UPDATE 1-Airline stocks rise on American Airlines' upbeat forecast

January 10, 2018 / www.kitco.com

(Adds share move, analysts comment)By Rachit VatsJan 10 (Reuters) - U.S. airline stocks rose after American Airlines Group Inc on Wednesday became the second major airline this week to forecast higher unit revenue for the fourth quarter.Analysts said forecasts for the key performance metric from American Airlines, the No.1 U.S. airline, and smaller rival United Airlines confirm fares are trending...Read More

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