All three analysts in coverage call the shares a "buy"Analysts are chiming in on Canadian clinical-stage biopharmaceutical firm BELLUS Health Inc (NASDAQ:BLU) today. Specifically, Jefferies initiated coverage with an "outperform" rating and a $20 price target -- a 208% premium to last night's close at $6.48. Cowen followed suit with its own "outperform" rating, saying the company holds "blockbuste...Read More
A look at the best stocks to own heading into 2020, if past is prologueWhen the S&P 500 Index (SPX) is up 10% or more year-to-date through the end of September, then October tends to be a bearish month for U.S. stocks, per recent data from Schaeffer's Senior Quantitative Analyst Rocky White. However, several stocks tend to shine in the month of October -- including Kroger Co (NYSE:KR). Meanwhile,...Read More
The firm announced new data for its cancer drugThe shares of pharmaceutical company Amgen, Inc. (NASDAQ:AMGN) are higher, after the company presented data for AMG510 at the European Society of Medical Oncology (ESMO) summit over the weekend. The treatment is currently being tested on patients with advanced colorectal cancer and those with non-small cell lung cancer in early stage studies. AMGN sto...Read More
Battle over Alaska's Pebble Mine has highlighted Daniel Schindler's work on Bristol Bay salmonRead full newsRead More
High-grade gold project in Fiji.Potential large alkaline gold system.High upside based on exploration success.CEO has a history of developing and selling gold projects for large returns.Long-term investment (3-5 years). Stock Name Symbol (US) Type Risk Share Price (US) FD Shares FD Mkt Cap (8/29/2019) Lion One Metals OTCQX:LOMLF Gold Moderate $0.68 110M $75M As I mentioned in the bullets abo...Read More
Wedbush lifted its price target on BBBY to $16Wedbush upgraded Bed Bath & Beyond Inc. (NASDAQ:BBBY) to "outperform" from "neutral," and raised its price target by $2 to $16 -- a nearly 62% premium to last Friday's close at $9.89. The brokerage firm said it expects the retailer to announce a new CEO when it unveils its fiscal second-quarter financial report after the close this Wednesday, Oct. 2, a...Read More
AAPL options can be had for a bargain right now, tooLast week, analysts were bullish on Apple Inc. (NASDAQ:AAPL) because of the potential impact of 5G capabilities. Today, it's iPhones, after J.P. Morgan Securities set a December 2020 price target of $265, and a December 2019 goal of $243. The analyst in coverage also upped its iPhone volume forecasts for the fourth quarter of 2019 and first quart...Read More
"#THR with a maiden mineral resource for the Big Sandy #Lithium projectIndicated and Inferred Mineral Resource Estimate of 32.5 Million Tonnes grading 1,850 parts per million (ppm) Li.https://t.co/RchcN8CBk1"Read full newsRead More
"#Gold production up 14% for #AAU in H1. Full year guidance remains 25,000/oz by year end.Average operating cost was $500/ozhttps://t.co/YadvosSv9S"Read full newsRead More
Today's downgrade comes with little surprise for the financial nameBanking name U.S. Bancorp (NYSE:USB) is suffering this morning, already down 0.6% at $55.09, after receiving a downgrade to "underperform" from "neutral" at BofA-Merrill Lynch. In addition to the price-target cut to $53 from $55, the analyst in coverage warned of "execution risk" facing the company's premium valuation. USB is now...Read More
Corrective moves have occurred as option buyer sentiment has soured"[A] current risk to equity investors is this year's pattern of taking profits when key asset benchmarks reach levels that correspond to a 20% profit for 2019. If this pattern repeats, you will see a rotation out of stocks, and into bonds and gold ... On the sentiment front, one thing that has changed significantly from last week i...Read More
J.P. Morgan Securities boosted its AAPL price targetReports suggesting the White House wanted to curb capital flows to China sparked a bearish reversal in stocks on Friday. This morning, though, futures on the Dow Jones Industrial Average (DJI) are trading above fair value, after the Treasury Department said the Trump administration is not currently planning to block Chinese companies from listing...Read More
"ECR Minerals' Craig Brown: "Windidda is the perfect complement to our gold portfolio in Victoria" (#ECR) by @danielflynn92https://t.co/fB0NVtQHe8@ecrminerals"Read full newsRead More
Here is what's new today on INK Ultra Money. Become a Canadian Insider Club Ultra member to get access to all Ultra Money videos. Exisiting Canadian Insider Club members can upgrade for the special rate of $99.99 per year (plus tax) via the account settings tab after logging in. 1. The Big Story - Tiananmen to Hong Kong: The Fight for Democracy - Real VisionThis episode of The Big Story delves i...Read More
"$FDS - FactSet: Attractive Business Model But Unattractive Price. Subscribe to Seeking Alpha for more: https://t.co/T7fkYtQH0U #investing #stockmarket #stocks"Read full newsRead More
"$IRM - Iron Mountain Still Deserves A Place In My Portfolio. Read more and get updates on any stock! https://t.co/lx6lNBWeLp #economy #stocks #business"Read full newsRead More
"$STAG - STAG's Dividend Is Sustainable, But Growth Is Only Supported By More Share Dilution And A Negative Capital Yield. Get more info on Seeking Alpha: https://t.co/8lKF1Fk3hH #finance #trading #business"Read full newsRead More
Here are five Fastmarkets MB stories you might have missed on Friday September 27 that are worth another look.The Chinese domestic spot battery-grade lithium carbonate market temporarily halted its downtrend on Thursday September 26 in the run-up to the National Day holiday (October 1-7), while the lithium hydroxide price in China held week on week on limited transactions in the spot market.China'...Read More
A lack of trading activity in most sales outlets coupled with the ongoing decline in the import scrap segment sent global billet prices down in the week ended Friday September 27.Southeast AsiaSoutheast Asia remained the most active billet import market last week, with buyers continuing to book cargoes while demand from other parts of the world was soft.Several cargoes of Russian billet shipped to...Read More
A lack of trading activity in most sales outlets coupled with the ongoing decline in the import scrap segment sent global billet prices down in the week ended Friday September 27.Southeast AsiaSoutheast Asia remained the most active billet import market last week, with buyers continuing to book cargoes while demand from other parts of the world was soft.Several cargoes of Russian billet shipped to...Read More