Bank of America's provision for credit losses jumped by over $100 million to just above $1 billion: this was the highest credit loss provision number since in 6 years, or Q2 2013.Read full newsRead More
We recently called out the support of the 80-day, but new data has emergedCaterpillar Inc. (NYSE:CAT) has enjoyed a series of higher highs and lows since its October bottom near $112, riding technical support atop the 80-day moving average to trade at $141.70. However, new data suggests CAT stock could due for some short-term turbulence, especially with earnings set to hit next Wednesday, April 24...Read More
Kinross Gold Corporation (TSX: K) (NYSE: KGC) announced several changes to its senior leadership structure on Tuesday, including the appointment of Paul Tomory as EVP and CTO.Lauren Roberts, SVP and COO, and Gina Jardine, SVP, Human Resources, will be leaving the company by mutual agreement. As well, the SVPs of the company's three operating regions - the Americas, Russia and West Africa - will...Read More
The next financial bubble burst could be so massive, it even takes out gold. One economist is making a very bold prediction.This man says that the colossal financial bubble that exists in today's economy is stretching closer and closer to its breaking point.And when it does pop -- soon, very soon -- it's not only going to take out the entire stock market... it'll absolutely crush other assets too....Read More
Kinross Gold Corporation (TSX: K) (NYSE: KGC) announced several changes to its senior leadership structure on Tuesday, including the appointment of Paul Tomory as EVP and CTO.Lauren Roberts, SVP and COO, and Gina Jardine, SVP, Human Resources, will be leaving the company by mutual agreement. As well, the SVPs of the company's three operating regions - the Americas, Russia and West Africa - will...Read More
Triumph Gold Corp. (TSXV:TIG, OTCQB:TIGCF) is pleased to announce its intention to complete a non-brokered private placement (theRead full newsRead More
Zuckerberg's leveraging of FB user data prompted one of his employees to compare him to a villain from Game of Thrones.Read full newsRead More
"#ECB Credibility Crumbles AsRead full newsRead More
Precious metals traders are using the 'f' word a lot this morning...Read full newsRead More
New Gold Inc. (TSE: NGD) has received federal environmental approval for its 100% owned C$1.8B Blackwater gold project proposal in British Columbia, Canada.The Minister of Environment and Climate Change announced that the proposed project can proceed following an environmental assessment process that concluded the project is not likely to cause significant adverse environmental effects when miti...Read More
New Gold Inc. (TSE: NGD) has received federal environmental approval for its 100% owned C$1.8B Blackwater gold project proposal in British Columbia, Canada.The Minister of Environment and Climate Change announced that the proposed project can proceed following an environmental assessment process that concluded the project is not likely to cause significant adverse environmental effects when miti...Read More
New Gold Inc. (TSE: NGD) has received federal environmental approval for its 100% owned C$1.8B Blackwater gold project proposal in British Columbia, Canada.The Minister of Environment and Climate Change announced that the proposed project can proceed following an environmental assessment process that concluded the project is not likely to cause significant adverse environmental effects when miti...Read More
The price of gold came under pressure on Tuesday ahead of a long weekend for North American markets, dropping to its lowest level yet in 2019. Gold for delivery in June fell to $1,275.50 per ounce in heavy volume of nearly 30m ounces traded as investors rotate money out of gold and into US stock markets, which are slowly creeping back into record territory.Also weighing on sentiment is a new repor...Read More
However, the DJI is off its session highsThe Dow Jones Industrial Average (DJI) is off its intraday highs, but remains comfortably above breakeven, with help from blowout earnings from Johnson & Johnson (JNJ). However, while UnitedHealth Group (UNH) stock initially moved higher after earnings, it's now the worst blue chip at midday, as health insurers sink on concerns about proposed changes to th...Read More
Gold Resource Corporation (NYSE:GORO) (the Company) announced the appointment of Ms. Kimberly Perry to the Company's Board of Directors effective April 11, 2019. Read full newsRead More
Three stocks could help investors double their money in 2019.2019 could be a game-changer for investors... Especially those looking to potentially double their money.Those investors now have a simple blueprint to follow for success.Simply put, these three stocks could be the best way to make money in 2019 -- whether the markets are flying high, or sinking like a ship.This free Investor's Report re...Read More
The first phase of a 40,000-tonne per year battery cathode material project in southeast China's Fujian province has been put into production, according to the local government.The 3.1 billion yuan ($462.07 million), three-phase project in Dongqiao is a joint venture between Xiamen Tungsten and Fujian Mindong Electric Power Co. It will be China's largest plant for production of cathode materials f...Read More
The tech stock is trading in record-high territoryCloud-based software concern Oracle Corporation (NYSE:ORCL) has been rallying hard since its December lows, up more than 28% in that time frame. The stock just touched an all-time high on April 1, and we believe now is an opportune time to bet on its next leg higher. In spite of ORCL's impressive rally, the brokerage bunch is still sitting on the...Read More
Zinc is coming under sustained attack from bearish funds.The trigger for the assault was Tuesday morning's London Metal Exchange (LME) stocks report, showing 10,625 tonnes of inflow into exchange warehouses.The London zinc price slumped from $2,867.00 per tonne to $2,821.50 in 30 minutes. It stabilised briefly before heading lower and was last around $2,815.00.Funds have pounced on the stocks sign...Read More
D.A. Davidson says ELF shares could have a lot of room to rune.l.f. Beauty Inc (NYSE:ELF) is trading up 4.8% this morning at $12.11, putting some distance between the stock and its 200-day moving average, while setting it up for the highest close since early December. Sparking the latest move higher from ELF shares is an upgrade to "buy" from "neutral" at D.A. Davidson, which more than doubled its...Read More