Recent News

Options Pick Up on Pinterest Amid Facebook Buzz

February 14, 2020 / www.schaeffersresearch.com

Facebook's new app Hobbi will be a direct competitor to Pinterest Social media heavyweight Pinterest Inc (NYSE:PINS) is in focus because of a new product from Facebook (FB) called Hobbi. The app, which was released yesterday, will act as a direct competitor to Pinterest's scrapbook-style format, describing itself as a way to "organize your photos into visual collection and see the progress you're...Read More

Free video: Pension apocalypse

February 14, 2020 / www.canadianinsider.com

The coming retirement crisis and the everything bubble - Real VisionHow can ordinary people behaving rationally create a generational threat? Raoul Pal, in his role as CEO and co-founder of Global Macro Investor, joins Real Vision to explain the interconnected problem of the everything bubble and the coming retirement crisis to answer the question, "why do we invest?" He explains in detail how...Read More

Pharma Stock's Rally Could Have Legs

February 14, 2020 / www.schaeffersresearch.com

A bull signal flashing for MYL could give its recent rally a big boost U.K.-based pharmaceutical name Mylan NV (NASDAQ:MYL) has been in rebound mode these past couple months, bouncing off a familiar floor at the $17 region in late November, and gaining roughly 29% in the months following. While the $23 level is, yet again, trying to thwart the security's recent rally, the EpiPen producer just pul...Read More

Dow Turns Lower After Economic Data Hits

February 14, 2020 / www.schaeffersresearch.com

Stocks are mostly clinging to breakeven middayThe Dow Jones Industrial Average (DJI) has mostly been clinging near breakeven, as Wall Street turns its attention to a spate of economic data, including core retail sales, which showed clothing-store sales' biggest one-month decline since 2009. Better-than-expected U.S. consumer sentiment for February could be helping offset some of these losses, al...Read More

Ariana Resources reveals progress in Salinbas JV discussions

February 14, 2020 / ow.ly

Friday saw Ariana Resources (LSE:AAU) reveal positive progress in joint venture ("JV") discussions for its Salinbas project in Turkey. The firm said that i...Read full newsRead More

Following its strong recent progress in South Africa, Katoro Gold (#KAT) has provided a comprehensive update on its...

February 14, 2020 / twitter.com

"Following its strong recent progress in South Africa, Katoro Gold (#KAT) has provided a comprehensive update on its gold and nickel asset portfolio across Tanzania - https://t.co/dU5xcyZnDE"Read full newsRead More

Home Depot Moves on Wells Fargo Praise

February 14, 2020 / www.schaeffersresearch.com

Wells Fargo is waxing optimistic on the retailer's upcoming earnings reportShares of home improvement retailer Home Depot Inc (NYSE:HD) are up 0.4% at $243.30 this morning, enjoying a fresh bull note out of Wells Fargo. The brokerage firm -- which waxed optimistic about the company's upcoming earnings report on Feb. 25 -- hiked its price target to $265 from $240, a 9.3% upside to last night's cl...Read More

Slashed Guidance Sinks Royal Caribbean Cruises Stock

February 14, 2020 / www.schaeffersresearch.com

The company cancelled 18 more of its cruises, and lowered its full-year guidance Royal Caribbean Cruises Ltd (NYSE:RCL) has seen a serious tumble down the charts in recent weeks, as coronavirus headwinds continue to slam the travel sector. In fact, the cruise company commented on the immediate economic implications of the deadly virus last night, announcing that it has cancelled 18 cruises, and lo...Read More

eBay Stock Eyes Highest Close Since October

February 14, 2020 / www.schaeffersresearch.com

EBAY is now up 13% already in FebruaryThe shares of eBay Inc (NASDAQ:EBAY) are up 0.9% to trade at $37.89 this morning, after the company announced it was raising its share buyback plan to $4.5 billion from $1.5 billion. The e-tail icon also disclosed a stronger-than-expected first-quarter guidance for 2020, which prompted a price-target hike from $51 to $47 at Credit Suisse.The triple dose of po...Read More

Stock Futures Rise as Earnings Roll In

February 14, 2020 / www.schaeffersresearch.com

NVDA is headlining a busy morning for earnings moversU.S. stock futures are trading above fair value this morning, hinting at more record highs for the major indexes and another weekly win. The Dow Jones Industrial Average (DJI) is eyeing a moderately higher open, as traders consider a number of earnings releases this morning. Leading the way is an impressive report from semiconductor company Nvi...Read More

Great Chart -- note the Divergence warning on the indicator below. However note The market refusing to budge now a...

February 14, 2020 / twitter.com

"Great Chart -- note the Divergence warning on the indicator below.However note The market refusing to budge now at top of CHANNEL for a month now.Tops are usually fast & upper channel line won't take too many more bars before it gives way. Correction needs to start soon or UP https://t.co/WdmdAzuBx1"Read full newsRead More

$CRZBF $CRZBY - Commerzbank AG (CRZBF) Management on Q4 2019 Results - Earnings Call Transcript....

February 14, 2020 / twitter.com

"$CRZBF $CRZBY - Commerzbank AG (CRZBF) Management on Q4 2019 Results - Earnings Call Transcript. https://t.co/fPT6KhhJVp #finance #markets #stocks"Read full newsRead More

Great Bear to step out footprint at Dixie

February 14, 2020 / www.mining.com

Drilling at Dixie project. Image from Great Bear Resources Great Bear Resources (TSX: GBR) has traced gold mineralization along a 4.2-km long stretch of the LP fault at its 91-sq.-km Dixie gold project in Ontario. The company now plans to test a 5-km section of this 18-km structure down to a depth of 500 metres, to cover a 2.5 sq. km panel.Drill highlights from the latest release include:21 metre...Read More

Troilus Gold's stock jumps on upsized private placement

February 14, 2020 / www.mining.com

Credit: Troilus Gold Troilus Gold (TSE: TLG) announced on Thursday an upsized non-brokered private placement with gross proceeds expected at up to C$12.8 million, up from C$10 million previously.The placement features a common share offering component of up to 11.3 million common shares, at C$0.65 each, for gross proceeds of up to C$7.3 million. The flow-through portion includes the issue of up t...Read More

LIVE FUTURES REPORT 13/02: Strong rebound sees LME lead up 1.7%; copper nears $5,800

February 14, 2020 / www.metalbulletin.com

The three-month price for lead on the London Metal Exchange was higher at the close of trading on Thursday February 13, nearing the $1,900 per tonne resistance level on a 1.7% uptick, while a positive close for LME copper saw it also approach nearby resistance.Lead's underlying price on the LME closed at $1,892 per tonne, climbing from an intraday low of $1,844.50 per tonne, while turnover was mod...Read More

ALUMINA ROUND-UP: Index well supported; Atlantic discount remains at $11/t

February 14, 2020 / www.metalbulletin.com

The alumina index, fob Australia remained just above $280 per tonne so far this week amid quiet trading conditions. Fastmarkets calculated the daily benchmark at $281.69 per tonne on Thursday February 13, little changed from $281.61 per tonne the previous day. The index has hovered around $281 per tonne since February 7 and remains close to its highest level since November 7, when it was at $...Read More

China Hongqiao maintains 5.8mln tonne aluminium capacity despite virus outbreak

February 14, 2020 / www.metalbulletin.com

The novel coronavirus (2019-nCoV) has not affected China Hongqiao Group's aluminium production, which is operating at its full running capacity of 5.86 million tonnes in Shandong province, the company confirmed to Fastmarkets."Our aluminium production was not impacted by the novel coronavirus. Now we are running at almost 5.86 million tonnes of aluminium and this is our full operating capacity in...Read More

IN CASE YOU MISSED IT: 5 key stories from February 13

February 14, 2020 / www.metalbulletin.com

Here are five Fastmarkets MB stories you might have missed on Thursday February 13 that are worth another look.The China Iron & Steel Association (Cisa) is seeking the Chinese transport ministry's help to solve logistical problems experienced by steelmakers in recent weeks, especially those affecting the delivery of raw materials, market sources told Fastmarkets.The novel coronavirus (2019-nCoV) h...Read More

ALUMINA ROUND-UP: Index well supported; Atlantic discount remains at $11/t

February 14, 2020 / www.metalbulletin.com

The alumina index, fob Australia remained just above $280 per tonne so far this week amid quiet trading conditions. Fastmarkets calculated the daily benchmark at $281.69 per tonne on Thursday February 13, little changed from $281.61 per tonne the previous day. The index has hovered around $281 per tonne since February 7 and remains close to its highest level since November 7, when it was at $...Read More

China Hongqiao maintains 5.8mln tonne aluminium capacity despite virus outbreak

February 14, 2020 / www.metalbulletin.com

The novel coronavirus (2019-nCoV) has not affected China Hongqiao Group's aluminium production, which is operating at its full running capacity of 5.86 million tonnes in Shandong province, the company confirmed to Fastmarkets."Our aluminium production was not impacted by the novel coronavirus. Now we are running at almost 5.86 million tonnes of aluminium and this is our full operating capacity in...Read More

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