The blue chip has added 15% over the past 12 monthsBlue chip Johnson & Johnson (NYSE:JNJ) is fresh off an earnings blunder, down 1.7% this morning, last seen at $146.70. The company reported adjusted fourth-quarter earnings of $1.88 per share, but missed revenue estimates and forecast a weak full-year profit, triggering today's drop-off. Long term the equity has been climbing, up nearly 16% from...Read More
Express plans on closing about 100 stores in an effort to cut costs Clothing retailer Express, Inc. (NYSE:EXPR) is trading up 9.6% at $4.55, after the firm said it would be shuttering about 100 of its stores in an effort to cut costs. The apparel concern also zeroed in on $80 million in savings over the next three years, with a massive portion of those opportunities stemming from work force restru...Read More
Global aluminium production fell by 1.0% last year in its first annual contraction since 2009.Read full newsRead More
Stocks could reclaim record-high territory todayU.S. stock futures are trading above fair value this morning, signaling a strong start for the Dow Jones Industrial Average (DJI). The attention on Wall Street is shifting back to earnings today after a number of big names released quarterly results, including blue chips IBM (IBM) and Johnson & Johnson (JNJ). This comes after Boeing (BA) and coronavi...Read More
"Ariana Resources (#AAU) completed resource sampling programme for Tavsan gold project.CEO saysRead full newsRead More
"Oriole Resources (#ORR) confirms continuation of mineralisation in Zone 1 at its Bibemi gold project in Cameroon by 1.3kms to more than 5kmsRock chip samples have returned up to 25.86 g/t goldhttps://t.co/I7VvR2Vlyw"Read full newsRead More
"Who will be the big winners from a nickel price boom?With demand set to soar as supply issues linger, @danielflynn92 looks at several London stocks primed to benefit from a surge in nickel prices.https://t.co/0DYWDAk4v5#HZM #POW #nickel #EVs @HorizontePLC @PowerMetRes"Read full newsRead More
"Regency Mines (#RGM) jumps 10% as it launches exploration work at Mambare nickel-cobalt project as well as making licencing/permitting progress alongside JV partnershttps://t.co/nA9s2KvlOs"Read full newsRead More
The company burned a record $1.7 billion in cash in Q4... and it still couldn't beat the number of subscriber additions from a year ago.Read full newsRead More
Cruise, GM's self-driving startup, has unveiled the Cruise Origin, a new autonomous electric vehicle that will power an all-electric, completely autonomous ride-sharing service. The vehicle is a result of a partnership between GM's startup and Honda. For a few years now, GM has connected self-driving and electrification together. At first, it started with Cruise using ...Read full newsRead More
Setting criteria for the stock charts that bulls should watch forA stock's price chart is one of the first things many traders look at when looking for stocks. To me a good-looking chart is one that steadily moves higher with only minor drawdowns. The problem is that there are thousands of stocks so it's impossible to look at every chart. That's why I came up with a method to quantify and rank the...Read More
"$TBK - Triumph Bancorp's (TBK) CEO Aaron Graft on Q4 2019 Results - Earnings Call Transcript. https://t.co/LA2R4Y6MM1 #business #investing #finance"Read full newsRead More
"$ZION - Zions Bancorp. (ZION) CEO Harris Simmons on Q4 2019 Results - Earnings Call Transcript. https://t.co/UnBBiOp3Tc #economy #stocks #markets"Read full newsRead More
"$XOM - Exxon Mobil Seems To Be Hiding The Size Of Guyana's Gas - Cash Flow Could Exceed Expectations. https://t.co/CYZlozPgSt #economy #markets #stocks"Read full newsRead More
"$SFBS - ServisFirst Bancshares, Inc. (SFBS) CEO Tom Broughton on Q4 2019 Results - Earnings Call Transcript. https://t.co/AbhF94FPdu #markets #business #stockmarket"Read full newsRead More
A summary of base metals premiums from across the globe for the week to Tuesday January 21.Please click...Read More
The three-month nickel price on the London Metal Exchange was lower at the close of trading on Tuesday January 21, settling at its lowest price since December 10 against moderate turnover, while a fresh inflow of some 40,000 tonnes pushed copper futures lower.Nickel's outright price on the LME closed at $13,665 per tonne in the afternoon, settling at its lowest level for more than a month, while t...Read More
Beginning in 2020, Fastmarkets will review its pricing methodologies and price specifications across all its Price Reporting Agency (PRA) divisions - Metals & Mining and Forest Products - on an annual basis rather than twice per year. The decision is in line with the International Organization of Securities Commissions (IOSCO) principles for PRAs, which sets out global standards for orderly and fa...Read More
A thaw in trade relations between the United States and China is lending broad support to commodity prices, with the yuan strengthening against the dollar.The Chinese currency was trading at 6.87 yuan to $1 on Tuesday January 21, down by 1.6% from a month earlier, and down by 3.8% from a peak reached in September 2019.The strength of the yuan against the dollar has been a barometer for US-China tr...Read More
"Whether you want to call it perception or sentiment, in a world so dominated by shorter term trading progs, the fear of a spreading respiratory condition and its potential effect on China's growth sees stock markets initially sell off and our metals markets follow suit," Marex Spectron's Alastair Munro said yesterday morning.Concerns about the deadly virus heightened as the day continued after re...Read More