SAULT STE. MARIE - Ontario's government is working for the people by holding consultations to hear from businesses firsthand on industrial electricity pricing and programs.Ross Romano and Paul Calandra, Parliamentary Assistants to the Minister of Energy, Northern Development and Mines, met with steel and northern sector stakeholders in Sault Ste. Marie today. This session is one of several in-pers...Read More
The shares have muscled above their YTD breakeven markUnitedHealth Group Inc (NYSE:UNH) shares hit a year-to-date low near $208 on April 17, as concerns over potential policy changes sent the broader healthcare sector spiraling. The Dow stock has since recovered, last seen trading at $249.84 -- just a hair above its Dec. 31 close at $249.12.Another close above here would mark the equity's second s...Read More
"NexTech (@NexTech_AR) (#OTCQB: $NEXCF | #CSE: $NTAR) Signs Nordlands Granite Works As New #AR #eCommerce Customer [https://t.co/rpcrFfaOCa]#investing #stocks #stockmarket #trading #investors #news #investing #business #investments #tech #technology"Read full newsRead More
"Cannara Biotech Commences Trading on the OTCQB Market in the United States -- @cannarabiotech #love $love #cannabis #cbd #cse #marijuanastocks #momentumstocks #potstocks #smallcap #thc #canadianpotstocks --Read the News Release here: https://t.co/gPES2pfeGe"Read full newsRead More
"Sirona Biochem Hires Contract Research Organization for Manufacturing Process Optimization for TFC-1067 -- #SironaBiochem $SBM $SBM.CA $SBM.V @SironaBiochem #health #Skinlighten #diabetes --Read the News Release here: https://t.co/J4hCqb8yoQ"Read full newsRead More
Adamera Minerals Corp. (TSXV:ADZ; OTC:DDNFF) announces the Bureau of Land Management (BLM) has granted approval of 12 drill holes and has extended the work approval for a further two years on the Oversight property in Washington State.Read full newsRead More
"Initial 2019 Crater Lake Drilling Results Indicate Encouraging Scandium and Rare Earth Grades Over Significant Widths @imperial_mining https://t.co/pfBtmqDX9n"Read full newsRead More
Both equities sport attractively priced optionsIt's high time we check in on two commodity stocks that have struggled mightily the last 12 months. In fact, aluminum concern Alcoa Corp (NYSE:AA) and energy name Carrizo Oil & Gas Inc (NASDAQ:CRZO) have landedon Schaeffer's Senior Quantitative Analyst Rocky White's list of stocks with a -50% year-over-year return.At last check, Alcoa stock was down...Read More
Twitter call options are popular todayThe Dow Jones Industrial Average (DJI) is lower today, as negative trade headlines and a retail sector sell-off weigh. On the trade front, Wall Street is reacting to reports that the U.S. could place Huawei-like restrictions on a handful of Chinese video surveillance firms, including Hikvision. Meanwhile, there willbe the afternoon release of the Fed's minutes...Read More
When Signet jewelers' (NYSE: SIG) e-commerce subsidiary James Allen began offering man-made diamonds in May, the company added an additional search tab to the site: "Earth-created diamonds" or "Lab-created Diamonds." Up until this point, websites offering both products typically defaulted to natural diamonds or simply "diamonds" providing a further filter required to search for the man-made variet...Read More
Gold miners must focus on maximising returns and more mergers to attract investors seeking to diversify after years of under-investing in mines, Barrick Gold's chief executive said on Wednesday."The industry is in decline and we have put ourselves in a very a tight spot because we haven't invested in exploration and our future," said Mark Bristow, who took the helm in January at Barrick after its...Read More
Gold miners must focus on maximising returns and more mergers to attract investors seeking to diversify after years of under-investing in mines, Barrick Gold's chief executive said on Wednesday."The industry is in decline and we have put ourselves in a very a tight spot because we haven't invested in exploration and our future," said Mark Bristow, who took the helm in January at Barrick after its...Read More
British Steel, the country's second largest steel producer, has collapsed and put 25,000 jobs at risk after failing to secure emergency government funding, Britain's Official Receiver said on Wednesday.The High Court ordered the compulsory liquidation of the company, although staff will remain employed for now as the liquidator oversees the operation of the main site in Scunthorpe, northern Englan...Read More
Zimbabwe's mining sector was subdued in the first quarter due to a severe dollar crunch that affected production, with gold the most hit, the mining chamber said, adding some bullion miners had experienced recently introduced power cuts.Mining generates most of the export earnings for the southern African nation, which faces a severe shortage of dollars that has led to a scarcity of fuel and medic...Read More
Puts are trading at more than 41 times the expected intraday ratePure Storage Inc (NYSE:PSTG) stock is down 21% at $16.28 -- sinking back toward its late-December lows, and pacing toward its worst day ever. Last night, the data storage name reported a wider-than-anticipated adjusted first-quarter loss of 11 cents per share on $326.7 million in revenue, less than analysts were expecting. PSTG also...Read More
While iron ore prices have surged to a five-year high above $100 a tonne, not all producers of the steel-making ingredient are sharing in the bounty.It's no surprise that Brazil's Vale is struggling. After all, it is largely the reason for iron ore's stellar run, with the spot price of 62% ore delivered to China, as assessed by Argus Media, ending at $100.65 a tonne on Tuesday, up 38.1% this year....Read More
Ontario's government is working for the people by supporting tourism infrastructure projects in the Algoma region and Manitoulin Island.Greg Rickford, Minister of Energy, Northern Development and Mines, announced an investment of over $1.3 million. Projects include: $1 million for the Township of Billings to complete infrastructure improvements to the Kagawong waterfront.$282,080 for the City of...Read More
Bloomberg Is gold about to go full bull? Let's check some charts to see. Before we do, here are some basic price facts: Gold GC00, +0.05% peaked in 2011 at just above $1,900 an ounce. Since then, it's been an exercise in dread for gold bugs. (Disclosure: I have no positions in gold.) Gold bottomed in early 2016 and now it's back in the same price range as it's been since 2013. So, basically, the...Read More
Target stock closed just shy of a key trendline yesterdayDespite the retail sector seeing earnings-related weakness this week, shares of Target Corporation (NYSE:TGT) have already gapped 7% higher, to trade at $76.68. Target this morning reported a first-quarter earnings and same-store sales beat, citing same-day fulfillment services for its digital strength especially. The company also shared pl...Read More
A federal judge ruled Qualcomm's practices as a violation of antitrust lawThis morning, U.S. District Judge Lucy Koh in San Jose, California, ruled that Qualcomm, Inc. (NASDAQ:QCOM) has violated antitrust law. More specifically, Koh accused the Apple supplier of marginalizing competition for cellphone chips by exacting steep licensing fees. In her own words, "Qualcomm's licensing practices have s...Read More