FCX gapped lower yesterday after earningsThe shares of Freeport-McMoRan Inc (NYSE:FCX) are down 2.2% to trade at $11.71 this morning after receiving two price-target cuts. J.P. Morgan Securities and Deutsche Bank trimmed their targets to $14 and $13.50, respectively, in response to the copper miner forecasting higher costs in 2020. Yesterday, FCX gapped lower by 2.8% in the wake of its quarterly...Read More
The deal with Apple could generate as much as $15 billion in revenueA announcement that Broadcom Inc (NASDAQ:AVGO) is entering into two separate multi-year agreements, "2020 SOWS," with Apple (AAPL) is giving the shares of the semiconductor concern a boost this morning. These agreements will supply wireless components to the iPhone maker, and could generate as much as $15 billion in revenue for th...Read More
GNRC has been an impressive outperformer on the charts Shares of electrical equipment name Generac Holdings Inc. (NYSE:GNRC) are trading up 4.3% at $107.42 this morning, enjoying a lift on the heels of an upgrade to "outperform" from "perform" and a newly established $125 price target at Oppenheimer. This type of analyst sentiment is a rarity for the stock, with all but two of the eight covering f...Read More
The Dow will try to erase its small weekly deficitIt's another major session for corporate earnings on Wall Street, and well-received results from a number of big names have stocks on pace for a positive open. Dow Jones Industrial Average (DJI) futures are trading almost 100 points above fair value, benefiting from the post-earnings moves from blue chips Intel (INTC) and American Express (AXP). Th...Read More
Disney stock is finding support today at its 80-day trendlineThe impact of the fatal coronavirus is at it again, this time forcing the closure of Walt Disney Co's (NYSE:DIS) Shanghai park, in an attempt to curb the rapid spread of the highly contagious illness. Asia has been slammed by the disease this week, causing a dip in stocks worldwide, though last night markets mostly recovered after-hours...Read More
"Uranium business Yellow Cake (#YCA) announces that it purchased 30,000 ordinary shares in the company in accordance with the terms of its recently-announced share buyback programmehttps://t.co/wOzUXnGUTY"Read full newsRead More
In a letter to CEOs going to Davos, the World Economic Forum urges them to set a net-zero target of 2050 and to disclose their emissions publicly.Read full newsRead More
"In the Geopolitical World,Read full newsRead More
"@SamanthaLaDuc With FOMC coming -- it would be a great time for the pro's to FLUSHOUT the stops below that line & then reverse it.China closed next week.Tha Boyz in NY & London have the sandbox to themselves.Might get interesting in gold also."Read full newsRead More
"@MishGEA The last sentence was awesome Mish.Great observation.When the proverbial shit finally does hit the fan --- Things the Gov't would take 5 years to enact -- will be done in five days."Read full newsRead More
"After reaching yearly resistance discussed in December (1588-1630), Gold in it's 3rd week of TIGHT RANGE consolidation. The banks are super short but keep failing to lower price under 1550 so far. Lunar New Year begins next week in China & Gold Mkt closed = NY & London in control"Read full newsRead More
"$HFWA - Heritage Financial Corporation (HFWA) CEO Jeff Deuel on Q4 2019 Results - Earnings Call Transcript. https://t.co/0T5UYI1ct2 #trading #investing #business"Read full newsRead More
"$LUV - Southwest Airlines' (LUV) CEO Gary Kelly on Q4 2019 Results - Earnings Call Transcript. https://t.co/ly6NJCqoMN #stocks #investing #finance"Read full newsRead More
"$ORI - Old Republic International Corporation (ORI) CEO Aldo Zucaro on Q4 2019 Results - Earnings Call Transcript. https://t.co/qowR6ke7Y0 #markets #economy #business"Read full newsRead More
"$CLFD - Clearfield's (CLFD) CEO Cheri Beranek on Q1 2020 Results - Earnings Call Transcript. https://t.co/FNvAlvzZ3K #stockmarket #economy #investing"Read full newsRead More
"$FRMO - FRMO Corporation (FRMO) CEO Murray Stahl on Q2 2020 Results - Earnings Call Transcript. https://t.co/b5lFhwtqBp #business #trading #finance"Read full newsRead More
Credit: Adamera Minerals Junior Adamera Minerals has found a partner in Hochschild Mining to help advance its Cooke Mountain gold project in Washington state.The two have signed an option agreement under which Hochschild can earn a 60% stake in the project by spending $8 million on exploration over five years. Adamera will be project operator during this earn-in phase.Hochschild can then earn ano...Read More
The Kumtor mine is located in the southern Tien Shan Metallogenic belt. (Image courtesy of Centerra Gold) Centerra Gold has announced that it received approvals and permits to re-start open pit mining at its Kumtor operation.The Kyrgyz state agency has approved Centerra's mine development plan for this year which includes a revised waste dumping plan and safety measures with waste placement in th...Read More
Sabodala operations. Credit: Teranga Gold The latest exploration results from Teranga Gold's Golden Hill project in Burkina Faso indicate a new discovery at the Ma Jonction prospect and have returned additional high-grade, near-surface gold intercepts.Drill highlights from Ma Jonction, located between the previously-defined Ma Main and Ma North zones, include 8 metres of 6.4 g/t gold starting at...Read More
The ????pler mine in eastern Turkey. Image by Alacer Gold Alacer Gold met its production targets for 2019, turning out 391,200 oz. of gold from its Copler mine in eastern Turkey, at all-in sustaining costs of $710 per oz."This outcome was a direct result of the continued successful ramp up of the sulphide plant coupled with the ongoing in-pit exploration success that allowed us to increase oxide...Read More