Golden Ridge Resources announces that further to its news release of May 1, 2020 the Company's intention to consolidate its common shares on a 5-old-for-1-new share basis will be effective May 20, 2020.Read full newsRead More
Steppe Gold Limited is extremely pleased to announce its financial results for the quarter ended March 31, 2020.Read full newsRead More
Wall Street's "fear gauge," the VIX, enjoyed its best week since mid-MarchA big comeback for the retail sector -- despite this morning's devastating data -- just barely saved the Dow today. The blue-chip index capped off a week of dramatic dips 60 points north of the breakeven. The S&P, also turned its luck around during the 11th hour, ending with a shallow gain, while the Nasdaq also enjoyed a m...Read More
Many gold stocks have climbed amid the broad-market volatilityOne name that has brushed off the broad market sell-off this week is Wheaton Precious Metals Corp (NYSE:WPM), sporting a 5% weekly gain even despite a downgrade to "sector perform" from "outperform" from RBC. Although one analyst has moved to the sidelines, data from Schaeffer's Senior Quantitative Analyst Rocky White suggests WPM is...Read More
AMAT options are incredibly popular todayThe shares of Applied Materials Inc (NASDAQ:AMAT) are down 5.3% at $51.52 at last check, after the Apple supplier reported fiscal second-quarter earnings and revenue that both missed their marks. Following the report, analysts chimed in with mixed sentiment. Three analysts hiked up their price targets -- the highest coming from Stifel to $75 -- while anothe...Read More
Taiwan Semiconductor is up 19.2% year-over-year thoughThe shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) are down 5.1% to trade at $49.73 at last check, even after the Apple supplier confirmed plans -- in conjunction with Qualcomm (QCOM) -- to build a $12 billion chip factory in Arizona. The move represents an attempt to give the U.S. a chance regain global supply chains back from China...Read More
?EUR?Meet Trad3r, the game that rewards you the better you trade.What do we mean you ask?The better you trade the more Trad3r points you earn & with trad3r points you redeem rewards.The rewards vary between discounted meals to adventurous activities... all for free.You can trade Celebrities. Brands...Read full newsRead More
VANCOUVER, British Columbia, May14, 2020(GLOBE NEWSWIRE) -- Mission Ready Solutions Inc. ("Mission Ready" or the "Company") (TSXV: MRS) is pleased to...Read full newsRead More
The Nasdaq did notch a six-day win streak earlier in the weekThere was optimism heading into the week as U.S. economies began to reopen, but that sentiment was not replicated on Wall Street. The Dow Jones Industrial Average (DJI), the S&P 500 Index (SPX) and the Nasdaq Composite (IXIC) are on track for ugly weekly losses, as lockdown leniency is met with panic of a second wave of coronavirus. A d...Read More
Some last-minute traders are betting on more upside for TWTR with monthlies Though the reasons are not quite clear, social media giant Twitter Inc's (NYSE:TWTR) options pits are buzzing with bulls today. So far, 93,000 calls have crossed the tape -- more than two times the intraday average -- compared to 15,000 puts. Positions are being opened at the May 29.50 call, which expires later today, as w...Read More
The Dow is down over 160 points middayAll three indexes are eyeing their worst week since late March, as the Dow Jones Industrial Average (DJI) falls over 160 points midday on the heels of increasing tensions between the U.S. and China. The S&P 500 Index (SPX) and Nasdaq Composite (ICIX) have also been pushed into the red, as investors digest the worst monthly retail sales decline on record, a 16...Read More
Today is a busy day at INK. At the close we are rebalancing the 50-stock INK Canadian Insider (CIN) Index. Over the past week we have been highlighting some of the new entrants and in the Friday morning report we highlighted newcomer Mullen Group ( MTL). There is obviously a lot of uncertainty about the economy's path due to COVID-19. However, there is some hope emerging among biotech stocks that...Read More
Stifel downgraded SE to "hold" from "buy"The shares of Sea Ltd (NYSE:SE) are down 1.6% at $60.52 at last check, after the software company was downgraded to "hold" from "buy at Stifel. Although the brokerage upped its price target to $62 from $55, the analyst in coverage is positive on the growth of Shopee, the company's e-commerce platform in Asia, and adjusted to "hold" as the stock is "appropri...Read More
Yum! stock just received an upgrade to "buy" from StifelThe shares of Yum! Brands, Inc. (NYSE:YUM) are down 0.9% to trade at $82.51, after the fast food corporation's board of directors declared a quarterly dividend of 47 cents per share of common stock, which represents a $1.88 dividend on an annualized basis with a yield of 2.3%. The dividend is set to be distributed to shareholders on June 12...Read More
VF Corp's fiscal fourth-quarter earnings and revenue both missed analysts' estimates Apparel name VF Corp (NYSE:VFC) just announced its fiscal fourth-quarter results, with earnings and revenue coming in below analysts forecasts. The North Face parent also forecast a more than 50% drop in revenue for its current quarter, with pandemic-related store closures digging into sales, and did not provide a...Read More
U.S.-China trade tensions are flaring up again tooYesterday's huge comeback is already in the rear-view mirror, with Dow Jones Industrial Average (DJI) futures pointed sharply lower this morning after retail sales plunged to a new record-low of 16.4%, handily worse than the estimated 12.3% drop. Futures on the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also set to open below fair va...Read More
In this week's free Insights newsletter, we highlight a cryptocurrency stock that has been moving up the INK Edge charts. The move comes just as we have launched realtime digital currency quotes on Canadian Insider. Charts and live crypto quotesWe also have a special offer that will help you track the latest trends in Bitcoin and other asset classes as we move through these tricky COVID-19 times...Read More
As I posted in INK Chat earlier this month, we are providing links to Coinberry, a Toronto-based digital currency platform. For those that have the risk tolerances to use a crypto trading platform, they may want to consider Coinberry.Founded in 2017, Coinberry is a financial technology company focused on blockchain and digital currency solutions and provides a platform to buy and sell digital ass...Read More
Here are five Fastmarkets stories you might have missed on Thursday May 14 that are worth another look.ArcelorMittal Kryvyi Rih, Ukraine's major long steel producer, has decommissioned the first section of its blooming plant as a part of a strategy for sustainable development, the company said on May 14.The European Commission's (EC) prior surveillance of imports of certain aluminium products orig...Read More
The three-month price of lead on the London Metal Exchange was higher at the close of trading on Thursday May 14, with buying momentum pushing the metal's outright price above the $1,600 per tonne threshold, while the LME nickel price held above $12,000 per tonne despite a 1.4% downturn over the afternoon.Lead's underlying price on the LME closed at $1,619 per tonne on Thursday afternoon, climbing...Read More