Graphite firm Armadale Capital (LSE:ACP) jumped11.45pc on Wednesday afterannouncing the beginning of critical downstream test-work aimed atadvancing offtake talks for its Mahenge Liandu project in Tanzania.The firm, currently trading at 1.95p, has expanded the definitive feasibility study (DFRead full newsRead More
ENPH stock is trading near a trendline that's served as a springboard in recent yearsThe shares of Enphase Energy Inc (NASDAQ:ENPH) gapped higher in late July after the home alternative energy solutions specialist turned in a strong earnings report. ENPH stock went on to hit a record high of $35.42, before retreating to a key technical region amid stiff broad-market headwinds. ENPH could be on the...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that it has won an initial $200,000 contract to supply its Uniden(R) UV350 in-vehicle smartphones to one of Canada's largest heavy civil construction companies. The company will begin delivering from Q3 and expects additional orders in the coming quarters from this customer.Marc...Read More
Both WORK and HOME are sinking after disappointing earnings reports Stocks keep rising on a big boost from Caterpillar (CAT) and renewed trade optimism. Three specific stocks making moves today are tech name Slack Technologies Inc (NYSE:WORK), as well as home goods retailers Bed Bath & Beyond Inc. (NASDAQ:BBBY), and At Home Group Inc (NYSE:HOME). Below, we'll take a look at what's driving the sh...Read More
SUDBURY - Ontario's government is working for the people by investing in an underground operating mine that serves as a world-class research and training facility, supporting more than 150 full-time direct and indirect jobs.Today, Vic Fedeli, Minister of Economic Development, Job Creation and Trade, on behalf of Greg Rickford, Minister of Energy, Northern Development and Mines, announced the North...Read More
Retail sales data will cap off the week on FridayThe first full week of September has a lot for Wall Street to digest. There's plenty of economic data to consider, including inflation and retail sales updates. Plus, there will be quarterly reports from the likes of Broadcom (AVGO), GameStop (GME), and Kroger (KR). Below is a brief list of some key market events scheduled for the upcoming week. A...Read More
The VIX is falling in response to the rallyThe Dow Jones Industrial Average (DJI) is having a huge day, as trader optimism rises on news the U.S. and China will hold trade talks next month. The tech and retail sectors have been some of the biggest winners on the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) so far, most notably semiconductor stocks, while trade-sensitive Caterpillar (CAT) is at...Read More
Puma Biotechnology stock's recent rally has bearish implicationsThe shares of Puma Biotechnology Inc (NASDAQ:PBYI) are enjoying a mini-rally today, up 3.1% to trade at $10.71 at last check. The drug stock has added 17% in the past month, but this has taken PBYI right up to a historically bearish trendline that could make for an intriguing put option play, if past is precedent. Today's gains take...Read More
Palo Alto Networks turned in an earnings beat and impressive forecastPalo Alto Networks Inc (NYSE:PANW) stock is soaring today, after the cybersecurity firm reported fiscal fourth-quarter adjusted earnings of $1.47 per share on $805.8 million in revenue -- more than analysts were expecting. The company also forecast double-digit sales growth on strong demand for its cloud securtiy platform Prisma...Read More
LYFT is also enjoying a bull notePapa John's International, Inc. (NASDAQ:PZZA) just received another positive analyst note, as Credit Suisse upgraded its stance to "outperform" from "neutral" and raised its price target to $56 from $45, citing confidence in the company's recent appointment of Rob Lynch as CEO. In response, PZZA shares are trading up 3.4% to $49.78, holding less than 4 points above...Read More
MNK earlier fell to a record lowThe worst stock on the New York Stock Exchange (NYSE) this morning by far is Mallinckrodt PLC (NYSE:MNK), down 36.5% to trade at $1.64. A Bloomberg report late last night said the company had hired restructuring firms and was considering seeking bankruptcy protection. The drugmaker faces a litany of lawsuits over its role in the opioid addiction crisis, as well as...Read More
AeroVironment just revealed its fiscal first-quarter earnings and revenue The shares of drone maker AeroVironment, Inc. (NASDAQ:AVAV) are booming this morning, after the company announced an adjusted profit of 74 cents for its fiscal first quarter, compared to the 36 cents per share expected by analysts. The firm also reported $86.9 million in revenue, which topped estimates. In response, AVAV is...Read More
Comcast stock has already tacked on more than 33% in 2019Shares of broadcasting giant Comcast Corporation (NASDAQ:CMCSA) are up 1.8% in this morning's trading at $46.34, and earlier nabbed a new record high of $46.47 out of the gate. Driving the stock higher is an upgrade from Oppenheimer to "outperform" and a price-target hike to $54. The brokerage firm cited the upcoming 2020 Summer Olympics an...Read More
Shares of gold miners were broadly higher in afternoon trading Tuesday, as worries about escalating U.S.-China trade tensions, data showing a surprise...Read full newsRead More
(The opinions expressed here are those of the author, acolumnist for Reuters.) * Zinc stocks, price and time-spreads:* China's refined zinc imports: By Andy Home LONDON, Sept 5 (Reuters) - Where's the zinc surplus?The zinc market has been trading the supply surplus storysince April, the London price falling from theyear-to-date high of $2,958 per tonne to Monday's three-year lowof $2,190.True, bro...Read More
ADP showed private payrolls rose more than expected last month Dow Jones Industrial Average (DJI) futures are trading well above fair value this morning, after a statement from China's Ministry of Commerce indicated trade talks were tentatively scheduled for "early October" following a call between Vice Premier Liu He and U.S. Trade Representative Robert Lighthizer. Traders are also panning the la...Read More
Resolute Mining produced just over 175,000 ounces of gold in H1, the majority in Africa.The operating expenses in Africa continue to trend down, while Resolute is taking action to bring the Ravenswood mine expenses down.The acquisition of another low-cost gold mine in Senegal in August will push the annualized production to 450,000 ounces of gold from next year on.If Resolute plays its cards right...Read More
The back and forth stock market in September is indicative of an uncertain investing climate. Michele Schneider discusses her 6 stock market phases and which one we are currently in.Read full newsRead More
"Global Energy Metals ($GEMC) has published an updated presentation that can be found here - https://t.co/2W2EdilxpLThe Canadian cobalt firm has also released a new fact sheet featuring useful info on its project and the wider market -https://t.co/eo2KwanxlZ@EnergyMetals"Read full newsRead More
"Kibo Energy (#KIBO) hits 0.8p after signing non-binding power purchase term sheet and coal supply term sheet with Vale Mozambique for its Benga power plant project.https://t.co/j0XZZaZF9P"Read full newsRead More