Recent News

Cancer Screening Success Has Penny Stock Surging

July 09, 2019 / www.schaeffersresearch.com

The firm's C-Scan performed well in a final studyBiotech stock Check-Cap Ltd (NASDAQ:CHEK) rallied out of the gate this morning, after the firm announced positive final results for its C-Scan test, used to detect precancerous polyps in patients at risk for colon cancer. CHEK stock surged as high as $2.57 earlier, and was last seen up 6% at $2.31. In fact, the equity is set for its first close atop...Read More

FBI, ICE find state driver's license photos are a gold mine for facial-recognition searches

July 09, 2019 / dlvr.it

The state DMV databases form the bedrock of an unprecedented surveillance infrastructure, allowing federal investigative and immigration agents to scan millions of Americans' faces without their knowledge or consent.Read full newsRead More

Analysts Dish Out Ratings on Chewy Stock

July 09, 2019 / www.schaeffersresearch.com

The ratings so far have ranged from neutral to bullishEven after online pet supplies retailer Chewy Inc (NYSE:CHWY) logged an eye-opening trading debut on June 14, industry standards require analysts from underwriting firms to wait 25 days until initiating coverage. That quiet period is now over, and a host of analysts have already come forward with ratings.No fewer than nine brokerages initiat...Read More

3M Stock Sliding After RBC Downgrade

July 09, 2019 / www.schaeffersresearch.com

The brokerage firm cited an "unquantifiable risk" for the blue chipRBC downgraded 3M Co (NYSE:MMM) to "sector perform" from "outperform," and slashed its price target by $31 to $176. The brokerage firm called several guidance cuts in recent quarters "unsettling," and tapped legal issues surrounding PFAS contamination as an "unquantifiable risk."This skepticism toward 3M stock is shared by other me...Read More

Palihapitiya's SPAC to Make Virgin Galactic Public

July 09, 2019 / www.schaeffersresearch.com

Ball's in your court, Mr. Bezos and Mr. MuskSocial Capital Hedosophia Holdings Corp (NYSE:IPOA), a so-called special purchase acquisition company (SPAC) co-founded bytech investor Chamath Palihapitiya, announced that it's merging with Richard Branson's space tourism company Virgin Galactic to bring the latter to public markets. Indeed, the SPAC was originally created to help private companies byp...Read More

Dow Futures Sour as Wall Street Anticipates Fed Testimony

July 09, 2019 / www.schaeffersresearch.com

All eyes are on Fed Chair Jerome Powell's speech this Wednesday Dow futures are signaling another droptoday, as Wall Street exercises caution ahead of Fed Chair Jerome Powell's Wednesday testimony, with hopes of a rate cut weakened by last week's strong jobs data. In addition, 3M Company (MMM) stock is weighing on the Dow, following an analyst downgrade, and Cisco Systems (CSCO) is lower on big M&...Read More

Global gold-backed ETF assets log biggest monthly rise in 7 years

July 09, 2019 / www.marketwatch.com

Assets under management among gold-backed exchange-traded funds in June saw their biggest monthly percentage climb since 2012, as prices for the yellow metal touched their highest levels in six years, according to a report from the World Gold Council released Tuesday. Global assets under management (AUM) rose 15% to $115 billion last month as "all regions experienced inflows," the report said. Nor...Read More

Global gold-backed ETF assets log biggest monthly rise in 7 years

July 09, 2019 / www.marketwatch.com

Assets under management among gold-backed exchange-traded funds in June saw their biggest monthly percentage climb since 2012, as prices for the yellow metal touched their highest levels in six years, according to a report from the World Gold Council released Tuesday. Global assets under management (AUM) rose 15% to $115 billion last month as "all regions experienced inflows," the report said. Nor...Read More

COLUMN-India gold tax hikes add unexpected headwind to price rally: Russell

July 09, 2019 / www.kitco.com

(Repeats item issued earlier. The opinions expressed here arethose of the author, a columnist for Reuters.) * GRAPHIC: Gold price vs. SPDR holdings: By Clyde RussellLAUNCESTON, Australia, July 9 (Reuters) - Gold's recentrally to a six-year high is suddenly looking a little morefragile after India, the world's number two buyer, unexpectedlyhiked import duties.The increase in the duty to 12.5% from...Read More

Acacia Mining reports 13% rise in gold reserves for Tanzania mine

July 09, 2019 / dlvr.it

Acacia Mining on Friday reported a 13% rise in gold reserves at the end of May f...Read full newsRead More

Yeti Stock Chill Could Continue Into Earnings

July 09, 2019 / www.schaeffersresearch.com

The problematic $30 level could keep the cooler stock frozen until after the early August reportIn the perpetually expanding universe of hipster-friendly initial public offerings (IPOs) -- Uber (UBER), Lyft (LYFT), Beyond Meat (BYND), Slack (WORK) -- the producer of intentionally homely coolers known as Yeti Holdings Inc (NYSE:YETI) is remarkable for any number of reasons. Yeti hasn't been at the...Read More

Can Venzee be the Next Industry Disruptor?

July 09, 2019 / kincommunications.com

The strategic partnership announced earlier this year between Venzee and Riversand continues to develop, positioning Venzee to be a major industry disruptor.Venzee announced today that Riversand has advanced its integration with Venzee's Mesh API. Currently, Riversand's integration features automated distribution of product content for clients, complete with two-way communication. Now that it has...Read More

Voleo Sees 1700% Increase in New User Registration in First Two Weeks of Google's Digital Strategy Program

July 09, 2019 / kincommunications.com

Vancouver, Canada, Voleo Trading Systems Inc. (TRAD: TSX-V) ("Voleo", the "Company"), is pleased to share initial results in user acquisition since initiating Google's Digital Strategy program.Over the course of two weeks, Voleo has executed a series of campaigns using Universal App Campaigns which include Ad Mob, Google Play, Search, Google Display Network and YouTube. Google's use of algorit...Read More

Peekaboo Beans Announces Appointment of Tamara Mimran as New Director

July 09, 2019 / kincommunications.com

Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans") is pleased to announce Tamara Mimran, Merchandise Director of the acclaimed Mimran Group Inc., has been appointed to the Board of Directors of Peekaboo Beans.Together with her brother and father, Ms. Mimran manages over ten different licenses world-wide for the Alfred Sung brand. Tamara has also ove...Read More

Riversand Adds Ability To Distribute Content to Retailers via Integration with Venzee's Mesh API

July 09, 2019 / kincommunications.com

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") a SaaS platform for the intelligent distribution of product information to thousands of retailer connections, is pleased to announce an advanced level of integration with Riversand, a cloud-native Master Data Management (MDM) and Product Information Management (PIM) provider.Earlier this year, Venzee and Riversa...Read More

Stocks Fall on Pared Rate Cut Hopes; Apple and Boeing Weigh on Dow - TheStreet

July 09, 2019 / www.thestreet.com

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended lower Monday, pulled down by bad news on Boeing (BA - Get Report) and Apple (AAPL - Get Report) and a strong U.S. jobs report that trimmed hopes for near-term interest rate cuts from the Federal Reserve. Apple fell after analysts at Rosenblatt Securities downgraded the stock over concern...Read More

LIVE FUTURES REPORT 08/07: LME nickel price defies stronger dollar to climb 2%

July 09, 2019 / www.metalbulletin.com

The London Metal Exchange nickel three-month price was the biggest beneficiary in an otherwise subdued 5pm ring close on Monday July 8, trading up 2% to close at $12,720 per tonne. Buying on the base metals complex was largely quiet after the dollar index rose by 0.13 to 97.38 during the day. Nickel's upward price action may have come on the strength of news of an earthquake on the Indonesian isla...Read More

FOCUS: Will Chinese trend of falling copper cathode, rising concentrate imports continue?

July 09, 2019 / www.metalbulletin.com

More copper units are entering China via the form of concentrates and scrap to match the country's ambitious smelting expansion plans, raising the possibility - albeit distant - that the world's biggest copper importer will eventually stop buying refined copper from overseas.Chinese imports of copper cathodes dropped around a tenth to 1.2 million tonnes over the first five months in 2019 from a ye...Read More

LIVE FUTURES REPORT 08/07: LME base metals up on weaker dollar; zinc down 0.4%

July 09, 2019 / www.metalbulletin.com

Base metals traded on the London Metal Exchange broadly increased due to a weaker US dollar index, which was down 0.08 to 97.17 during the morning session on Monday July 8.And inventory outflow was recorded for all metals bar tin as of 9am on the same day, with demand for metals across the complex being mostly supporting prices. The zinc price was the exception, with the three-month pric...Read More

BATTERY RAW MATERIALS MARKET REPORT 05/07: Cobalt metal prices slip to 32-month low

July 09, 2019 / www.metalbulletin.com

An overview of the battery raw materials markets and their latest price moves.Read More

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