UBS slashed its price target to $48 and cut its rating to "sell" Applied Materials, Inc. (NASDAQ:AMAT) is falling even deeper off Monday's record high of $63.07, down 4.2% to trade at $57.16 after UBS cut the semiconductor stock to "sell" from "neutral," and slashed its target by one dollar to $48. The analyst foresees AMAT's wafer fab equipment run rate contracting in the first half of 2020, putt...Read More
BBBY has had a volatile run since early OctoberShares of Bed Bath & Beyond Inc. (NASDAQ:BBBY) saw a healthy bull gap in early October, just after the company announced Mark Tritton as its new CEO. Since then, the equity has received a handful of bull notes, but quickly backpedaled after revealing an e-mail hacking incident later that month. And although BBBY still clings to a 13% year-to-date gai...Read More
"Oriole Resources leads the way in executive equity pay - what others on AIM can learn from this Last week saw the exploration firm announce that its board would move temporarily away from salary payment structure to boost cashhttps://t.co/hXxZsaJhHD#ORR @OrioleResources"Read full newsRead More
A report from the Wall Street Journal said China may have invited the U.S. to continue trade negotiations in Beijing Stock futures are inching higher this morning, with the Dow signaling a roughly 19-point gain at the open after a new Wall Street Journal report suggested that Chinainvited U.S. officials to its capital to continue trade negotiations during a phone call last week. This follows yeste...Read More
Target stock has had an outstanding year on the chartsJust one day off a blowout earnings report that led to a new record high, Target Corporation (NYSE:TGT) is up 1.3% in electronic trading, continuing its climb higher and set to open at another all-time peak after receiving a fresh round of bull notes. Following last night's close, no fewer than 10 brokerage firms handed out a price-target hike...Read More
South African mining firm AngloGold Ashanti reached an agreement with Guinea...Read full newsRead More
"Kodal Minerals (#KOD) bounces as it announces that it has successfully applied for and been granted two new Exploration Licences called Fariedele and Sogola Nord These eplace the former Madina Licence area which was due for a final extensionhttps://t.co/3J7F5FProy"Read full newsRead More
"Altona Energy (#ANR) enters early stage negotiations to acquire a Petroleum Exploration Licence Application on a large tenement within a well-known coal bearing basin, the Arckaringa Basin located in South Australia.https://t.co/P9DM9MGAkL"Read full newsRead More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna") a royalty company for the U.S. licensed cannabis industry today provides commentary on the U.S. House of Representatives Judiciary Committee approval of the Marijuana Opportunity Reinvestment and Expungement Act of 2019, also called the MORE Act, which if enacted into law would officially remove cannabi...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce it has received network approval for the Uniden (R) UV350 dedicated in-vehicle smartphone from an additional Tier 1 cellular carrier in the United States. Commercial launch of the UV350 is anticipated shortly with this Tier 1 U.S. cellular carrier.Marc Seelenfreund, CEO of Siyat...Read More
"$RSGUF - Rogers Sugar Inc. (RSGUF) CEO John Holliday on Q4 2019 Results - Earnings Call Transcript. Sign up for updates on Seeking Alpha! https://t.co/ubUEjGrloK #stocks #finance #stockmarket"Read full newsRead More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") a leader in intelligent content distribution with functional integration to 175 major retailers and their brand suppliers, and EnterWorks (R), the leading provider of Master Data Management (MDM) and Product Information Management (PIM) solutions, today announced their partnership to enable best-in-class cont...Read More
"$SMRT - Stein Mart, Inc. (SMRT) CEO Hunt Hawkins on Q3 2019 Results - Earnings Call Transcript. Continue reading: https://t.co/WLaq1PGpDq #business #markets #economy"Read full newsRead More
The three-month nickel price on the London Metal Exchange continued to fall at the close of trading on Wednesday November 20, with continued selling pressure and supportive forward spreads prompting the metal's lowest close since July.Nickel's outright price on the LME closed at $14,360 per tonne in the afternoon, falling by just over 2% from an intraday high of $14,695 per tonne. Turnover was at...Read More
The spot tin market is reportedly slow in all regions despite talk of forthcoming production cuts to tackle excess supply. 99.9% European tin premium declines for the first time in five months Trade in the United States holds in range but some say floor is moving lower Asian premiums hold in thin tradeEuropean premiums decline on excess supply, soft demandFastmarkets' tin 99.9% ingot premium, in-...Read More
Fastmarkets' US zinc premium was unchanged in the week to Tuesday November 19 from a week earlier due to the persistent backwardation in the metal's forward curve despite record lows in the stocks registered to the London Metal Exchange in the United States.US lead premiums remained flat as well but may rise in the coming weeks due to the fallout from the closure of Glencore's New Brunswick lead s...Read More
Copper smelters will slow capacity expansions if market terms for copper concentrates fall to reflect a potential market deficit, Jiangxi Copper's Yuanfeng Xu said at Fastmarkets' Asia Copper Conference in Shanghai on Wednesday November 20."Right now [smelting] capacity is still increasing, so the future potential risk may come from the supply from the ore mining side," Xu, who is vice president o...Read More
Assuming stable growth in copper demand, the world is lacking investment in new mine projects amid expansion in smelting capacity, with a large gap seen in the mined copper balance over the next decade, according to Anglo American's base metals chief. While copper consumption is expected to grow by an annual rate of around 2-3%, there will be demand for 7 million tonnes of refined copper emerging...Read More
Turkish steel producers have continued to book deep-sea scrap for December deliveries but only at a slow pace due to the limited demand for finished long steel products, with prices holding steady, sources said on Wednesday November 20.A steel mill in the Marmara region booked a Baltic Sea cargo on November 20, comprising 25,000 tonnes of HMS 1&2 (80:20) at $261 per tonne and 5,000 tonnes of bonus...Read More
Over 90% of copper scrap products currently allowed into China could be eligible for renaming as recyclable copper raw materials next year, a senior representative of China Nonferrous Metals Industry Association's (CMRA) recycling metal branch told delegates at Asia Copper Week in Shanghai.Wang Ji-Wei, Secretary General of CMRA, said he is optimistic that the vast majority of current copper scrap...Read More