CSCO shares are sporting strong gains todayU.S. stocks are continuing their steady grind higher, overcoming impeachment headwinds thanks to a strong day from a number of big-name tech stocks -- including Dow Jones Industrial Average (DJI) component Cisco Systems (CSCO). Like the Dow, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) have tagged new highs, with Netflix (NFLX) again standing as a...Read More
CSCO this morning toppled its 80-day moving averageTechnology giant Cisco Systems, Inc. (NASDAQ:CSCO) is the top Dow stock today, enjoying a 1.5% lifton the heels of an upgrade out of Barclays. Analyst Tim Long upgraded the blue chip to "overweight" from "equal weight," citing growth in a handful of key products that should improve within the next year for the company. CSCO is now trading at $47....Read More
Calls are rising in popularity today in responseBreakups can be difficult, but Match Group Inc (NASDAQ:MTCH) seems to be doing just fine. Match Group stock is up 3.4% to trade at $73.68, after the Tinder app owner announced it will spin off all from parent company InterActiveCorp (IAC). The transition will be complete by the second quarter of 2020, with MTCH shareholders receiving one share of se...Read More
Needham just added Chegg to its conviction list for 2020Online learning platform Chegg Inc (NYSE:CHGG) is up today after Needham called the stock one of its top picks for 2020, and adding the equity to its conviction list. Now, the security is eyeing a five-day win streak -- its longest in over a month. At last check, the shares of CHGG are up 1.1% to trade at $38.81. In recent months CHGG has be...Read More
Wednesday saw Rockfire Resources (LSE:ROCK) reveal assay results for the last two drill holes at its increasingly prospective Plateau gold deposits in Quee...Read full newsRead More
Barclays believes JNJ stock is trading at a discountAnalysts' top 2020 picks are starting to roll in, and Barclays this morning mentioned Johnson & Johnson (NYSE:JNJ) as a stock that could be strong for bulls in the coming year. In a note, the brokerage firm wrote that the blue-chip drugmaker is still trading at a discount due to this year's litigation issues, and in response it upped its view to...Read More
Weekly jobless claims fell in the past week, but less than expectedDow Jones Industrial Average (DJI) futures are modestly higher this morning, as investors brush off the political drama in Washington D.C. Last night, the House of Representatives voted to impeach President Donald Trump on two counts: abuse of power and obstruction of Congress. Futures on the S&P 500 Index (SPX) and Nasdaq-100 In...Read More
"REPORT: Ariana Resources- Transforming Salinbas into Turkey's next major gold mineWith Ariana potentially entering a major Salinbas JV, we've taken a deep dive into the project to see what this could mean for investors.https://t.co/aLvqa53THo#AAU @ArianaResources"Read full newsRead More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that for the first time, the Company can offer its Uniden (R) UV350 and accessories via Ingram Micro in the United States to the two leading U.S. Tier 1 wireless carriers. Marc Seelenfreund, CEO of Siyata Mobile states, "We are very excited to now have commercial distribution...Read More
"$YCBD - cbdMD, Inc. (YCBD) CEO Martin Sumichrast on Q4 2019 Results - Earnings Call Transcript. Get more updates here: https://t.co/KaRnCkTRSV #investing #trading #finance"Read full newsRead More
"$ROL - Rollins: Bullish Flag Following Stunning Performance. Sign up for updates on Seeking Alpha! https://t.co/QyeA2CzoLQ #business #investing #stockmarket"Read full newsRead More
"Latest European Sentiment Echoes Draghi's Last Take On Global Economic Risks. Get more info on Seeking Alpha: https://t.co/tPMjIJyOid #business #investing #markets"Read full newsRead More
"$BA - Boeing To Suspend 737 MAX Production; Look Out Below. Sign up for updates on Seeking Alpha! https://t.co/gQQhPb08SQ #business #stocks #trading"Read full newsRead More
The three-month prices of base metals on the London Metal Exchange traded in slim ranges to consolidate mixed at the afternoon kerb on Wednesday December 18.LME base metals three-month prices were seemingly torn between closing up on US-China trade talk optimism now a phase one deal has been agreed between the world's two largest economies, or down, capped by a stronger US dollar index, which was...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday December 18.Please click...Read More
Spot activity was low across zinc markets in Asia, Europe and the United States in the week ended Tuesday December 17 with much of the focus on next year's contractual supply premium discussion. Market focus was drawn away from spot activity and toward next year's contractual supply premium discussions. The International Lead & Zinc Study Group (ILZSG) says both the refined zinc and lead ma...Read More
Here are five Fastmarkets MB stories you might have missed on Wednesday December 18 that are worth another look.Brazilian flat steel producers are seeking price increases of around 5-8% in 2020 annual contract talks with automakers, according to several market participants.The United States and China reaching a partial trade agreement elicited a muted response from metals markets this week.Mangane...Read More
The S&P500 ended its five-day rising streak yesterday but closed down only 0.04% to 3,191.14, having hit another record intraday. In London, the FTSE 100 Index advanced 0.2% to 7,540.75, hitting the highest in almost 20 weeks with its sixth consecutive advance, Bloomberg reported. The gold price is similar to this time yesterday, around US$1,475 an ounce on the spot market. Amon...Read More
Shanghai copper cathode premiums dropped to a six-month low in the week ended Tuesday 17, while in Europe spot interest was muted as market participants eyed lower annual premiums for 2020 and in the Unites States the market remained flat amid poor demand.Shanghai deliverable premium assessments at six-month low EQ premiums trading lower in Shanghai Some sellers start to offer annual premiums in E...Read More
While current leaders in surface and underground mining equipment, and rock milling, are facing "the potential challenge of a structurally shrinking aftermarket" that is vital to all major players,Read More