Most analysts have swiped left on MTCH, thoughA big earnings winner this morning is Match Group Inc (NASDAQ:MTCH), after the dating services company reported adjusted first-quarter earnings of 42 cents per share, exceeding the analyst estimates of 32 cents per share. Revenue also topped forecasts, while subscribers grew year-over-year, thanks to increased customer engagement with the Tinder app....Read More
The analyst just gave LendingClub an "outperform" rating and a lofty price targetFollowing last night's unexpected first-quarter profit and revenue beat, Wedbushupgraded LendingClub Corporation (NYSE:LC) to "outperform" from "neutral," and hiked its target price to $5 from $3.75 -- a roughly 55% premium to Tuesday's close. The analyst said the consumer lending firm's tighter operating efficiency i...Read More
Renewable energy deployment stalled out last year, raising alarm bells about the pace of the clean energy transition.In 2018, total deployment of renewable energy stood at about 180 gigawatts (GW), which was the same as the previous year. It was the first time since 2001 that capacity failed to increase year-on-year, according to the International Energy Agency (IEA).Adding 180 GW of clean energy...Read More
Trading houses Vitol, Glencore and Trafigura are caught in the crossfire between Russian oil producers and Western buyers as the latter refuse to take contaminated crude that traders bought from companies in Russia.At least 10 crude tankers with 1 million tonnes of oil, worth more than $500 million in normal circumstances, are marooned across Europe and still looking for buyers because they have b...Read More
INGN, for instance, is near the bottom of the NasdaqThree stocks trading sharply lower this morning after quarterly earnings reports are online education expert 2U Inc (NASDAQ:TWOU), tech name 3D Systems Corporation (NYSE:DDD), and portable oxygen supplier Inogen Inc (NASDAQ:INGN). Let's break down what's happening with the shares of TWOU, DDD, and INGN. Analysts Reexamine TWOU Stock TWOU is trad...Read More
At least four other brokerages have cut their X price targets this weekUBS downgraded United States Steel Corporation (NYSE:X) stock to "sell" from "neutral," saying short-term investments will not stop the company from losing market share over the next several years. Specifically, the brokerage firm said, "X is investing significantly in its asset base to remain competitive, but the result is neg...Read More
The SPX hasn't suffered three straight down days since early March Dow Jones Industrial Average (DJI) futures are pointing toward another day of losses, following the index's worst day since January, as U.S.-China trade tensions linger. While President Donald Trump said the U.S. will hike tariffs on $200 billion in Chinese goods this Friday, May 10, if a trade deal isn't reached, he tweeted this m...Read More
Political rehabilitation doesn't get much better.Just over a year ago Russian aluminium producer Rusal was hit with swingeing sanctions by the U.S. government.The company's owner, Oleg Deripaska, was accused of a litany of misdeeds by the Treasury Department's Office of Foreign Assets Control (OFAC), all of which he denied, and his sprawling industrial empire, including Rusal, was slapped with sec...Read More
Canadian miner Kinross Gold (TSX:G) (NYSE:KGC) is evaluating options for returning to long-term production in Chile, the world's top copper miner, where the company already has two key assets.One alternative the company is very keen on is resuming mining at its La Coipa gold and silver mine, located in Chile's northern Atacama Region, it said while delivering first quarter results on Tuesday.Alte...Read More
Canadian miner Kinross Gold (TSX:G) (NYSE:KGC) is evaluating options for returning to long-term production in Chile, the world's top copper miner, where the company already has two key assets.One alternative the company is very keen on is resuming mining at its La Coipa gold and silver mine, located in Chile's northern Atacama Region, it said while delivering first quarter results on Tuesday.Alte...Read More
Canadian miner Kinross Gold (TSX:G) (NYSE:KGC) is evaluating options for returning to long-term production in Chile, the world's top copper miner, where the company already has two key assets.One alternative the company is very keen on is resuming mining at its La Coipa gold and silver mine, located in Chile's northern Atacama Region, it said while delivering first quarter results on Tuesday.Alte...Read More
The United States and a group of Pacific allies are proposing to finance a power...Read full newsRead More
* GRAPHIC-2019 asset returns:* China April trade surprises - exports fall, imports grow* Focus on U.S-China trade talks (Adds closing prices, adds Nickel outlook)By Zandi ShabalalaLONDON, May 8 (Reuters) - Copper fell to a near three-monthlow on Wednesday on concerns over a potential resumption oftit-for-tat trade tariffs between the United States and Chinaahead of last-ditch negotiations.U.S. Pre...Read More
18 stocks bulls should consider based on the best technical "buy" signalsHave you ever thought about the myriad of technical indicators and wondered which ones work the best? Any standard charting software supports various indicators like the Moving Average Convergence/Divergence (MACD), Relative Strength Index (RSI), Bollinger Bands, and probably a lot more. This week I'll quantify which indicato...Read More
". @Wheaton_PM will be sponsoring Mining Journal Select's drink reception!Wheaton Precious Metals is one of the world's largest precious metals streaming companies #MJS #MJSelect #mininginvestment"Read full newsRead More
A report published by Rapaport this week reveals that polished-diamond prices declined in April with 1- carat diamonds sliding 1% year-to-date and 3-carat diamonds falling by 6.1% year-to-date.Right behind 3-carat diamonds, the price of 0.30-carat diamonds fell by 5.9% year-to-date, while 0.50-carat diamond prices dropped by 1.2% year-to-date.According to Rapaport, the fall is caused by continued...Read More
A report published by Rapaport this week reveals that polished-diamond prices declined in April with 1- carat diamonds sliding 1% year-to-date and 3-carat diamonds falling by 6.1% year-to-date.Right behind 3-carat diamonds, the price of 0.30-carat diamonds fell by 5.9% year-to-date, while 0.50-carat diamond prices dropped by 1.2% year-to-date.According to Rapaport, the fall is caused by continued...Read More
* Strikes expected in major U.S. cities * Uber due to IPO on Friday(Adds details from San Francisco)By Kate Holton and Jane Lanhee LeeLONDON/SAN FRANCISCO, May 8 (Reuters) - Uber drivers inLondon and major U.S. cities held a series of strikes onWednesday to protest the disparity between gig-economyconditions and the sums that investors are likely to make inFriday's blockbuster stock market debut.P...Read More
The United States and a group of Pacific allies are proposing to finance a power...Read full newsRead More
Canada's Barrick Gold (TSX:ABX)(NYSE:GOLD), the world's second-largest producer of the precious metal, said Wednesday it had pinned down assets worth about $1.5 billion that it intends to sell through next year, adding it also remains open to acquiring new projects.President and chief executive officer, Mark Bristow, said Barrick would offload the unwanted assets once they are optimized enough t...Read More