Clorox posted fiscal second-quarter profits and revenue that exceeded analysts' estimates The shares of Clorox Co (NYSE:CLX) are pushing higher this morning, up 5.4% to trade at $164.36, after announcing fiscal second-quarter profits of $1.46 per share and $1.45 billion in sales, beating analysts' estimates. In addition to this, the Burt's Bees parent lifted its full-year profit forecast, citing s...Read More
Needham hiked its price target on Luckin to $40 from $27China-based coffee giant Luckin Coffee Inc (NASDAQ:LK) is recuperating some of its coronavirus-induced losses this morning, after Needham lifted its price target to $40 from $27 -- a 27% premium to last night's close. The analyst said that the Starbucks (SBUX) competitor's growing tea unit looks promising, valuing the business at $10 per shar...Read More
Alphabet is dragging on a disappointing reportU.S. markets are eyeing another open in the black, the Dow Jones Industrial Average (DJI) upwards of 300 points in electronic trading, while the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are on track toward notable opens of their own. The tech and travel sectors looks to be a main driver this morning, with Apple (AAPL) and Carnival (CCL) set...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to report an intersection of strong radioactivity in the first drill hole of the winter program at the Hurricane zone. The Hurricane zone is a new discovery of high-grade uranium mineralization on the Company's 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan (Figure 1).Hi...Read More
Vancouver, BC - A2Z Technologies Canada Corp. ("A2Z" or the "Company") (TSXV: AZ) announced today that the Company's wholly owned subsidiary, A2Z MS Military Solutions, Ltd., has been awarded a contract with an Israel-based, NASDAQ-listed defense technology company (the "Client").A2Z has been contracted by the Client to perform electrical safety checks as well as other service functions across the...Read More
The head of the Vale nickel plant in New Caledonia says the board of directors has approved $US120 million for restructuring the business, which is for sale.Read full newsRead More
Gold prices slipped slightly on Monday after China pumped cash into its economy, but the metal continues to flirt with multi-year highs.Read full newsRead More
Gold prices slipped slightly on Monday after China pumped cash into its economy, but the metal continues to flirt with multi-year highs.Read full newsRead More
The three-month aluminium price on the London Metal Exchange settled at a three-year low at the close of trading on Monday February 3, below the $1,700 per tonne support level against a 16-month high in turnover, while lead's price decline over the day was the starkest in the base-metals complex.Aluminium's outright price on the LME closed at $1,686.50 per tonne on Monday afternoon, its lowest lev...Read More
Canadian copper producer Taseko has decided to take action to protect itself against the tumbling London Metal Exchange copper price.Vancouver-listed Taseko placed put options for 22.5 million lbs of copper (10,206 tonnes) - equivalent to 75% of February, March and April production at its British Colombia-located Gibraltar mine - it said in a notice on Monday February 3.Read More
Russian aluminium producer UC Rusal is suspending the operation of its Bauxite Company of Guyana (BCGI) business in Guyana on "serious illegitimate actions" but will continue to obtain bauxite supply from its other mines, it said on Monday February 3.Rusal owns 90% of BCGI, based in Georgetown, which has an annual production capacity of 2.3 million tonnes of bauxite. The remaining 10% belongs to t...Read More
View the Fastmarkets holiday pricing schedule for 2020 and 2021. Click on the image below to view the Fastmarkets holiday pricing schedule for base metals, minors, ores & alloys and industrial minerals, and ferrous prices for 2020 and 2021.The 2020 calendar has been updated to include the extended Lunar New Year holiday in China, which affected certain prices. See the following pricing notices for...Read More
Jack ChanPosted Feb 3, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.A very significant week in price action as both support and resistance are established.A bull flag is now in progress in the $XAU……In the $HUI…….In the GDX……And in the GDXJ.The big picture is b...Read More
Canadian copper producer Taseko has decided to take action to protect itself against the tumbling London Metal Exchange copper price.Vancouver-listed Taseko placed put options for 22.5 million lbs of copper (10,206 tonnes) - equivalent to 75% of February, March and April production at its British Colombia-located Gibraltar mine - it said in a notice on Monday February 3.Read More
Russian aluminium producer UC Rusal is suspending the operation of its Bauxite Company of Guyana (BCGI) business in Guyana on "serious illegitimate actions" but will continue to obtain bauxite supply from its other mines, it said on Monday February 3.Rusal owns 90% of BCGI, based in Georgetown, which has an annual production capacity of 2.3 million tonnes of bauxite. The remaining 10% belongs to t...Read More
The seaborne prices for both high and low-grade manganese ore in China ticked down in the week to Friday January 31 in response to weakening sentiment amid the worsening coronavirus outbreak.Fastmarkets' manganese ore index 37% Mn, cif Tianjin declined by 2 cents per dry metric tonne unit (dmtu) or 0.5% week on week to $4.27 per dmtu on January 31.Fastmarkets' manganese ore 37% Mn, fob Port Elizab...Read More
The impact of the coronavirus outbreak from Wuhan city, China, is positively affecting antimony prices in Europe, with low stocks in Rotterdam and the market heavily dependent on supply from China.The East Asian country accounts for 78% of global antimony output, according to the United States Geologic Survey (USGS). Fastmarkets assessed the price for antimony max 100 ppm Bi, in-whs Rotterdam at $...Read More
The Turkish steel mills continued to hold back from deep-sea scrap purchases on Monday February 3, expecting lower prices to emerge, sources told Fastmarkets.The daily scrap indices went down by almost $10 per tonne on January 29, when a US cargo was heard sold at $275 per tonne cfr for HMS 1&2 (90:10).That was the sole cargo sold last week, with mills seeking even lower prices because they were s...Read More
Domestic auto bundle scrap prices in the Turkish market have weakened further, although slightly, over the past week in response to the fall in imported scrap values, sources said on Monday February 3.Turkish deep-sea scrap import prices have declined by around $10 per tonne, after a deal heard on January 29 for a United States cargo containing 30,000 tonnes of HMS 1&2 (90:10) at $275 per tonne cf...Read More
Global scrap prices fell last week due to weak downstream demand and market jitters following the outbreak of the Wuhan coronavirus in China. Turkish import prices slide on weak downstream demandUnited States' ferrous scrap export prices tumble in latest dealsTaiwan import prices dip on virus jittersIndian import prices dip in line with international pricesTurkeyTurkish imported ferrous scrap pric...Read More