Markets are closed on Friday, but there will still be some economic data to unpackThe first full week of April will be relatively scant, with markets closed on Friday for the Easter holiday. There will be just a sprinkling of of economic data for traders to digest throughout the week, including the Job Opening and Labor Turnover Survey (JOLTS) and the Federal Open Market Committee's (FOMC) latest...Read More
Here is what's new today on INK Ultra Money. Canadian Insider Ultra Club members have access to both premium and free content all the time. Use coupon code SPRING20 for a $100 discount off a new 2020 membership (renewals will be at the regular price unless cancelled before the end of term).1. Insiders bet on pharma industry innovator - INK ResearchAs big pharma races to find a solution or COVID...Read More
Ariana Resources (LSE:AAU) enjoyed a 10% lift on Thursday morning after announcing a watershed dividend payment from one of its subsidiaries. The Turkey-fo...Read full newsRead More
No less than three analysts have cut their price targetsTarget Corp (NYSE:TGT) is pushing through bear notes today, up 2.6% to trade at $93.44 this morning. Yesterday, Target withdrew its first quarter and fiscal year forecast due to the pandemic and delayed its remodeling to help with supplies for those who need it. Today, no less than three analysts have cut their price targets -- the lowest co...Read More
Ariana has built up a track record of successful operations in TurkeyRead full newsRead More
Micron posted third-quarter earnings and revenue that exceeded expectations Semiconductor specialist Micron Technology Inc. (NASDAQ:MU) is brushing off this morning's broad-market selloff after stepping into the earnings confessional. The equity is up 4.7% at $44.50 in pre-market trading after the firm posted fiscal-second quarter profits of 45 cents per share, and $4.80 billion in revenue, exceed...Read More
Delays in upgrades and expansion projects due to measures to stop the spread of covid-19 will negatively tip the scale, say experts.Read full newsRead More
Weekly jobless claims surged to a record 3.28 million last weekFutures on the Dow Jones Industrial Average (DJI) are looking at triple-digit losses at the open, while Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) futures are also swimming in red ink ahead of the bell. The record-setting surge in weekly jobless claims to 3.28 million is sending stock futures lower, right on the heels of an i...Read More
Germany's Aachen Cathedral has dug out the relics of little-known Saint Corona, patron saint of resisting epidemics, from its treasure chamber and is polishing up her elaborate shrine to go on show once the coronavirus pandemic has passed.Read full newsRead More
Germany's Aachen Cathedral has dug out the relics of little-known Saint Corona, patron saint of resisting epidemics, from its treasure chamber and is polishing up her elaborate shrine to go on show once the coronavirus pandemic has passed.Read full newsRead More
"Fission Uranium (@FissionUranium) (#TSXX: $FCU | #OTCQX: $FCUUF) Announces Financial Results for 2019 [https://t.co/h8JEh43OTz]#investing #stocks #stockmarket #trading #investors #capitalmarkets #business #miningstocks #mining #resources #cleanenergy #uranium"Read full newsRead More
Here are five Fastmarkets stories you might have missed on Wednesday March 25 that are worth another look.German steelmaker Thyssenkrupp has announced that it will go ahead with a restructuring plan that will eliminate 3,000 jobs after reaching an agreement with the workers' trade union, it said on March 25.Falling demand, exacerbated by the novel coronavirus outbreak (2010-nCoV) further causing m...Read More
Copper market participants should have been gathering in Santiago, Chile, for the annual CESCO dinner on Wednesday March 25. Instead, the country's mining industry was nervously eyeing the spread of the novel coronavirus (2019-nCoV) pandemic, and its government was coming under increasing pressure to impose a lockdown similar to what India and South Africa have instituted.Chile has so far restrict...Read More
Europe's third largest lead smelter Recylex will stop all lead production due to weak demand, the company said in an exchange release after market trading on Wednesday March 25."To adapt to the strong drop in demand, especially in the automotive industry, in a context of sharply lower metal prices, [Recylex subsidiary] Weser-Metall GmbH has decided to discontinue production from Thursday March 26,...Read More
Copper market participants should have been gathering in Santiago, Chile, for the annual CESCO dinner on Wednesday March 25. Instead, the country's mining industry was nervously eyeing the spread of the novel coronavirus (2019-nCoV) pandemic, and its government was coming under increasing pressure to impose a lockdown similar to what India and South Africa have instituted.Chile has so far restrict...Read More
Here are five Fastmarkets stories you might have missed on Wednesday March 25 that are worth another look.German steelmaker Thyssenkrupp has announced that it will go ahead with a restructuring plan that will eliminate 3,000 jobs after reaching an agreement with the workers' trade union, it said on March 25.Falling demand, exacerbated by the novel coronavirus outbreak (2010-nCoV) further causing m...Read More
Copper market participants should have been gathering in Santiago, Chile, for the annual CESCO dinner on Wednesday March 25. Instead, the country's mining industry was nervously eyeing the spread of the novel coronavirus (2019-nCoV) pandemic, and its government was coming under increasing pressure to impose a lockdown similar to what India and South Africa have instituted.Chile has so far restrict...Read More
Europe's third largest lead smelter Recylex will stop all lead production due to weak demand, the company said in an exchange release after market trading on Wednesday March 25."To adapt to the strong drop in demand, especially in the automotive industry, in a context of sharply lower metal prices, [Recylex subsidiary] Weser-Metall GmbH has decided to discontinue production from Thursday March 26,...Read More
Here are five Fastmarkets stories you might have missed on Wednesday March 25 that are worth another look.German steelmaker Thyssenkrupp has announced that it will go ahead with a restructuring plan that will eliminate 3,000 jobs after reaching an agreement with the workers' trade union, it said on March 25.Falling demand, exacerbated by the novel coronavirus outbreak (2010-nCoV) further causing m...Read More
Spot market prices for standard-grade and alloy-grade cobalt stabilized on Wednesday March 25 after weakening downstream demand continued to provide pressure earlier in the week.Fastmarkets' daily price assessment for cobalt standard grade, in-whs Rotterdam held at $16.15-16.55 per lb midweek, unchanged from Tuesday March 24 and down from $16.30-16.70 per lb on March 20. Fastmarkets' assessment fo...Read More