Some of the U.K.'s biggest companies were dropped from the government's list of responsible small-business customers on Monday, a decision that could undermine their ability to win state contracts.Five firms were removed from the Prompt Payment Code, an initiative to speed up settlement of invoices owed to suppliers. The companies - including mining conglomerate BHP Group Plc, DHL Worldwide Expres...Read More
Aluminum Corp of China Ltd, known as Chalco, said on Monday its profits rose 46 percent year-on-year in the first quarter as aluminium prices stabilised and asset disposals swelled its bottom line.Chalco, the listed arm of China's biggest state-owned aluminium firm, Chinalco, posted net income of 444.9 million yuan ($66.08 million) in January-March, according to a filing to the Hong Kong stock exc...Read More
Jiangxi Copper Co, one of China's biggest copper producers, said on Monday its profits fell by 3.1 percent year-on-year in the first quarter as lower prices for the metal dented earnings.The Nanchang-based company's net income was 742.35 million yuan ($110.25 million) in the January to March period, according to a filing to the Shanghai Stock Exchange. That was down from 765.96 million yuan in the...Read More
Jiangxi Copper Co, one of China's biggest copper producers, said on Monday its profits fell by 3.1 percent year-on-year in the first quarter as lower prices for the metal dented earnings.The Nanchang-based company's net income was 742.35 million yuan ($110.25 million) in the January to March period, according to a filing to the Shanghai Stock Exchange. That was down from 765.96 million yuan in the...Read More
Snap is partnering with Shopify to open up advertising on its appThe shares of Snap Inc (NYSE:SNAP) is up 2.5% to trade at $11.13 today, boosted by news of a partnership with Shopify (SHOP), which can now pay for ads to be rolled out on the Snapchat app. Plus, SNAP call options have been flying off the shelves, perhaps signaling that options traders think the red-hot social media stock has more...Read More
Ericsson (NASDAQ: ERIC) and Ambra Solutions have announced a global cooperation agreement to lead automation for the mining industry.Ambra has selected Ericsson as a radio partner of choice to provide 5G-ready network solutions to automate ventilation systems, real-time personnel and vehicle tracking, and remote controlling of machinery like scoop diggers, hauler trucks, drillers, and other mining...Read More
Shares of Premier Gold Mines (TSX: PG) went up 7% at Monday's market open on news of a high-grade discovery at the McCoy-Cove project in Nevada. The company's market capitalization sits at C$345 million.In today's press release, the company announced the discovery of a 118.9 m thick mineralized zone grading 4.12 g/t, including a high-grade interval assaying 15.74 g/t gold across 6.1 m, in the fir...Read More
Shares of Premier Gold Mines (TSX: PG) went up 7% at Monday's market open on news of a high-grade discovery at the McCoy-Cove project in Nevada. The company's market capitalization sits at C$345 million.In today's press release, the company announced the discovery of a 118.9 m thick mineralized zone grading 4.12 g/t, including a high-grade interval assaying 15.74 g/t gold across 6.1 m, in the fir...Read More
Shares of Premier Gold Mines (TSX: PG) went up 7% at Monday's market open on news of a high-grade discovery at the McCoy-Cove project in Nevada. The company's market capitalization sits at C$345 million.In today's press release, the company announced the discovery of a 118.9 m thick mineralized zone grading 4.12 g/t, including a high-grade interval assaying 15.74 g/t gold across 6.1 m, in the fir...Read More
Shares of Premier Gold Mines (TSX: PG) went up 7% at Monday's market open on news of a high-grade discovery at the McCoy-Cove project in Nevada. The company's market capitalization sits at C$345 million.In today's press release, the company announced the discovery of a 118.9 m thick mineralized zone grading 4.12 g/t, including a high-grade interval assaying 15.74 g/t gold across 6.1 m, in the fir...Read More
AMC theaters saw a record-breaking Friday and Saturday at its U.S. locationsOn the heels of an "Avengers: Endgame" record-breaking weekend, shares of AMC Entertainment Holdings Inc (NYSE:AMC) are up 0.6% at $15.49 in this morning's trading. The movie theater chain reported single-day record highs for attendance, and food and beverage sales this past weekend, the latter marking all-time highs both...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), announces its 2018 year-end audited financial statements have been filed on SEDAR and will host an investor call on April 30th, 2019 at 9:00AM EDT.In 2018, the Company posted revenue of $14.2M, a 19.9% decrease over 2017, due to lower 3G sales, in particular Q3 sales being 38% lower than 2017. Th...Read More
Some mobile app stores in China have dropped Momo's Tantan app China social networking name Momo Inc (NASDAQ:MOMO) is near the bottom of the Nasdaq today, on news that some mobile app stores in China have taken down the company's Tantan app at the direction of the Chinese government. Momo said it plans an internal review of the Tinder-like dating app, to make sure it's compliant with government ru...Read More
Analysts also weighed in on CVS before earningsTarget Corporation (NYSE:TGT) is on the rise this morning after Barclays upgraded the stock to "overweight" from "equal weight." The brokerage firm also boosted its price target by $30 to $115, expecting the retailer to take market share from what it called a "weaker subset" of rivals. The note called last week's pullback in TGT shares, sparked by Ama...Read More
The music streaming service reported strong revenue growth in the first quarterSpotify Technology SA (NYSE:SPOT) said revenue jumped 33% to $1.69 billion in the first quarter -- more than analysts were expecting. The music streaming service also said paid subscribers hit 100 million in the three-month period, while monthly active users (MAU) rose 25% to 217 million. In reaction, SPOT stock is up 0...Read More
ADBE has added 41% from its Christmas Eve bottomThe shares of Adobe Inc (NASDAQ:ADBE) are up 2.9% to trade at $290.23, and earlier tapped a fresh record high of $290.46. This comes after Morgan Stanley upped its rating on the software name to "overweight" from "equal weight," while boosting its price target to $340 from $282, the highest on Wall Street. Analyst Keith Weiss waxed optimistically on...Read More
In the heart of America's coal country, a cavernous new recycling plant is turning trash into a fuel that burns cleaner than coal, using a first-in-the-nation process hailing from Europe. Just don't call it a "replacement" for coal."We like to think of ourselves as a clean supplement to coal"In a region that remains fiercely protective of its embattled mining industry, Frank Celli, the chief execu...Read More
"Avengers: Endgame" pulled in a record $1.2 billion globally its first weekendDow Jones Industrial Average (DJI) futures are signaling a slightly higher start, thanks to strong gains for Walt Disney (DIS) stock, which is up 1.9% ahead of the bell after "Avengers: Endgame" pulled in a record $1.2 billion globally in its opening weekend. The upside is being contained as Boeing (BA) shares slip ahead...Read More
Russian miner Nordgold (LON:NORD) invested $70 million last year in its Guinea-based gold mine, $22 million more than the total allocated in 2017, the company said on Monday.Nordgold, which spun off of Russian steelmaker Severstal in 2012, said the funds allowed it to both, extend Lefa mine's life and improve efficiencies at the operation.The gold producer, which acquired the mine in 2010, said it...Read More
Russian miner Nordgold (LON:NORD) invested $70 million last year in its Guinea-based gold mine, $22 million more than the total allocated in 2017, the company said on Monday.Nordgold, which spun off of Russian steelmaker Severstal in 2012, said the funds allowed it to both, extend Lefa mine's life and improve efficiencies at the operation.The gold producer, which acquired the mine in 2010, said it...Read More