CVS has shed 19% so far this year and is trading near six-year lowsShares of CVS Health Corp (NYSE:CVS) are moving lower in this morning's trading, last seen down 0.3% at $52.37. The drugstore chain received a price-target cut to $75 from $90 at Raymond James, and although Guggenheim initiated coverage with a "buy" rating, the firm lowered its price target by 25% to $63, with the latter noting it...Read More

Both retail stocks could soon slice up shortsFollowing Tiger Woods' historic Masters win last Sunday, Jefferies weighed in on golf retailers Callaway Golf Co (NYSE:ELY) and Acushnet Holdings Corp (NYSE:GOLF). The brokerage firm noted the growing golf trend is not just because of the return of 'Tiger-mania.' Said analyst Randal Konik, on-course golf participants grew in 2018 for the first time in...Read More

SBUX could enjoy more analyst-induced tailwindsAn analyst at Jefferies weighed in on what he refers to as the "third wave" of coffee shops, or those artisan local cafes, and their effect on Starbucks Corporation (NASDAQ:SBUX). The brokerage firm believes SBUX can effectively compete because of its scale and technology infrastructure, even if it's not as "hip" as these newer coffee shops. The analy...Read More

The Stoxx Europe 600 is still stuck in a tight range as the earnings season is getting into full swing. The first results have been generally ok so far, albeit with a low bar. Looking at sector performances, the mining sector is still the top this year and miners have been partying on soaring iron ore prices. But there's a shift in the newsflow this week, which could crash the party.Rio Tinto was...Read More

BMO just initiated coverage with an "outperform" rating BMO just initiated coverage of online review name Yelp Inc (NYSE:YELP) with an "outperform" rating and a $45 price target -- a roughly 26% premium to last night's close. The analyst said it sees "revenue growth accelerating" in the next two years, and that the stock's recent dip -- combined with heavy investor skepticism -- provides an "attra...Read More

In a vital south Indian state that starts voting on Thursday, small upstart political parties are luring voters concerned about jobs, economic growth and pollution, threatening to upend Prime Minister Narendra Modi's election strategy in this key region.In Tamil Nadu, a small breakaway group, called Amma Makkal Munnettra Kazagam, is attempting to make inroads in one district by promising to shutte...Read More

In a vital south Indian state that starts voting on Thursday, small upstart political parties are luring voters concerned about jobs, economic growth and pollution, threatening to upend Prime Minister Narendra Modi's election strategy in this key region.In Tamil Nadu, a small breakaway group, called Amma Makkal Munnettra Kazagam, is attempting to make inroads in one district by promising to shutte...Read More

How you can transform lagging indicators into leading indicators.Many traders are tired of repeating the same mistakes over and over again, but are unsure how to break the cycle of bad decisions that lead to mediocre, or even poor results.And even the supposed "market gurus" or "experts" don't have the answer... or if they do, it's "all flash and no substance."But there is a REAL solution.While ot...Read More

British bank Barclays and hedge fund Red Kite Group have settled a legal dispute in which the fund accused the bank of manipulating the copper market and causing it to lose money."Legal proceedings between the Red Kite group as Claimants and Barclays Bank PLC as Defendant have been concluded on mutually acceptable terms," Barclays said in a statement on Thursday, without giving details of the sett...Read More

British bank Barclays and hedge fund Red Kite Group have settled a legal dispute in which the fund accused the bank of manipulating the copper market and causing it to lose money."Legal proceedings between the Red Kite group as Claimants and Barclays Bank PLC as Defendant have been concluded on mutually acceptable terms," Barclays said in a statement on Thursday, without giving details of the sett...Read More

AG Barr will hold a press conference right as the stock market opensDow Jones Industrial Average (DJI) futures are trading modestly above fair value ahead of a busy day on Wall Street. In addition to a stronger-than-expected rise in March retail sales and another notable drop in weekly jobless claims -- which fell to their lowest level since September 1969 last week -- traders are also digesting a...Read More

Swedish engineering group Sandvik reported a better than forecast quarterly order intake on Thursday and said demand remained strong across all its business areas, sending an upbeat signal for the Nordic industrial sector.Sandvik's metal-cutting tools are seen as a good indicator of industrial demand as they are shipped with short lead times to a wide range of customers in the engineering, automot...Read More

* GRAPHIC-2019 asset returns: (Adds closing prices, quote)By Zandi ShabalalaLONDON, April 18 (Reuters) - Zinc prices sank to a one-monthlow on Thursday after inventories in London Metal Exchange (LME)warehouses climbed and weak manufacturing data in Europe tookthe shine off base metals.Base metals prices had jumped in the previous session afterupbeat GDP data from top consumer China but fell on Th...Read More

The world's top diamond producer by output, Alrosa (MCX:ALRS), announced this week the launching of diamond production at its Zarya pipe in Yakutia, eastern Russia.The new 300-meter deep deposit, operated by the Aikhal Mining and Processing Division and which started to be prepared for mining in 2016, is expected to have a mine life of over 10 years.To prepare the Zarya pipe, 14 million cubic mete...Read More

"The prestigious Mining Journal awards will once again gather the mining and #investment community on a glittering evening of entertainment with the opportunity to recognise outstanding companies and individuals across 14 categories #MJS #MJSelect #MJAwards https://t.co/1kmWvT1kit"Read full newsRead More

Newmont Mining's $10 billion acquisition of Canada's Goldcorp closed Thursday, giving rise to Newmont Goldcorp Corporation (NYSE: NEM)(TSX: NGT), the world's largest gold producer by market value, output and reserves.The mammoth company, to be led by Gary Goldberg until the end of the year, will mine in the Americas, Australia and Ghana, producing between 6 and 7 million ounces of gold annually o...Read More

Newmont Mining's $10 billion acquisition of Canada's Goldcorp closed Thursday, giving rise to Newmont Goldcorp Corporation (NYSE: NEM)(TSX: NGT), the world's largest gold producer by market value, output and reserves.The mammoth company, to be led by Gary Goldberg until the end of the year, will mine in the Americas, Australia and Ghana, producing between 6 and 7 million ounces of gold annually o...Read More

* Daimler's CEO designate to seek cost savings - ManagerMagazin * Mercedes to seek 6 bln euros' in cuts - Manager Magazin * Daimler Trucks to seek 2 bln euros in cuts - ManagerMagazin * Daimler declines comment (Adds line about job cuts)FRANKFURT, April 18 (Reuters) - Daimler islooking to make 6 billion euros ($6.75 billion) in cost savingsand efficiency gains by 2021 at Mercedes-Benz passenger ca...Read More

South Africa's Petra Diamonds (LON:PDL) has found yet another big rock at its iconic Cullinan mine, the third coloured diamond over 100-carats since March that has been unearthed at the operation.It is the third Type II D-colour gem-quality diamond weighing more than 100 carats recovered at Cullinan since MarchThe 209.9 carat, D colour, Type II gem-quality diamond is also the fourth such stone d...Read More

South Africa's Petra Diamonds (LON:PDL) has found yet another big rock at its iconic Cullinan mine, the third coloured diamond over 100-carats since March that has been unearthed at the operation.It is the third Type II D-colour gem-quality diamond weighing more than 100 carats recovered at Cullinan since MarchThe 209.9 carat, D colour, Type II gem-quality diamond is also the fourth such stone d...Read More