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Posts related to ‘ABX’

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Closing Bell for Thursday on Wall Street: Markets Open Mixed, Fail to Hold Gains

Posted: May 16, 2013 at 4:06 pm

U.S. equity markets opened mixed this morning following a blizzard of data releases on the U.S. economy. Before that data came out, however, there was some positive data out of ...
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underground mining

Gold Miner and Royalty Woes Continue

Posted: May 2, 2013 at 11:10 am

This morning, Royal Gold Inc. (NASDAQ: RGLD) was the latest gold player to report its corporate earnings. The good news is that the gold company revenues and earnings were up. The bad ...
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Gold and Silver

Gold Miner Takes Corporate Credit Downgrade, Gold Price Risk

Posted: April 29, 2013 at 2:57 pm

The latest recovery in the price of gold is not helping gold miners as much as some investors might think. In fact. Moody's Investors Service just issued a corporate credit ...
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24/7 Wall St. Closing Bell — Friday: Markets Open Low, Close Mixed

Posted: April 26, 2013 at 4:06 pm

U.S. equity markets opened lower this morning after hearing that U.S. GDP growth in the first quarter came in at 2.5%, well below the expected 3.1% (more coverage here). U.S. ...
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24/7 Wall St. Closing Bell — April 24, 2013: Markets Mixed at Open, Mixed at Close

Posted: April 24, 2013 at 4:10 pm

U.S. equity markets opened mixed this morning as investors and traders tried to make sense of more than 150 earnings reports that were released between last night’s closing bell and ...
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gold bars nuggets

Barrick Gold Earnings Recover from Fourth-Quarter Debacle

Posted: April 24, 2013 at 8:30 am

Barrick Gold Corp. (NYSE: ABX) reported first-quarter 2013 earnings before markets opened this morning. The gold miner posted adjusted earnings per share (EPS) of $0.92 on revenues of $3.44 billion. ...
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24/7 Wall St. Closing Bell — April 23, 2013: Flash Crash Has No Impact on Rising Stocks

Posted: April 23, 2013 at 4:07 pm

U.S. equity markets opened higher this morning despite low flash PMI readings from the eurozone. Germany’s manufacturing PMI reading was especially notable, falling to 47.9 from 49, and the country’s ...
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gold bars nuggets

Gold Concern: Miners Lagging Price of Gold Metal on Upside

Posted: April 22, 2013 at 2:53 pm

The news flow over the weekend and on Monday helped to drive the price of gold higher after one monster sell-off this year. Reports of spot gold shortages and premiums ...
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Bull and Bear

Top Analyst Downgrades and Cautious Views from Wall Street

Posted: April 22, 2013 at 8:25 am

Investors are used to seeing many Buy ratings from Wall St. analysts, but they often overlook or do not see when these analysts give lists of stocks to sell or ...
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24/7 Wall St. Closing Bell — April 16, 2013: Markets Open Higher, Recover Some Lost Ground

Posted: April 16, 2013 at 4:06 pm

U.S. equity markets opened higher this morning, getting off to a good start in an effort to recover some of the ground lost yesterday. A jump in U.S. new home ...
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Gold bars

Gold Dives, Drags Equities and Oil Along

Posted: April 15, 2013 at 4:22 pm

Today’s 9.3% drop in the price of gold was the largest one-day drop in 30 years. The sell-off began in Asia last night, continued through the day in Europe, and ...
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24/7 Wall St. Closing Bell — April 15, 2013: Markets Drop as Gold Collapses (CMG, FCX, SKS, GFI, GS, C, SCHW, FRC, PBY, BLK, CMA, GS, JNJ, KO, S, DISH, ABX, LIFE, TMO)

Posted: April 15, 2013 at 4:05 pm

U.S. equity markets opened lower this morning as overnight trading in gold saw the beginnings of the biggest one-day drop in the yellow metal’s price in 30 years (more coverage ...
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Bull and Bear

Top Analyst Upgrades and Downgrades (ANR, APA, ACI, AHL, ABX, CAH, CMG, XRAY, ENTA, FCX, GFI, GS, JPM, LULU, MODN, OPEN, PVR, SKS, SLM, UA, VZ, GRA)

Posted: April 15, 2013 at 8:30 am

Investors and traders seem to always be looking for fresh research ideas that will lead to higher income or more profits. 24/7 Wall St. reviews many fresh research calls to ...
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old mining hardhat with head light

Gold Mining Stocks Dumped over Worries About Their Profitability

Posted: April 15, 2013 at 6:50 am

The latest casualty of the drop in gold prices is gold-mining stocks. CNBC reports: As gold prices extended their decline on Monday, investors dumped shares of gold miners on worries ...
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24/7 Wall St. Closing Bell — April 12, 2013: Markets Start, Stay Negative (V, HD, APO, AMZN, KORS, CRMB, JPM, WFC, C, RALY, EVTC, RAD, ABX)

Posted: April 12, 2013 at 4:06 pm

U.S. equity markets opened lower this morning and failed to generate any positive traction all day long. Economic data from Europe was mixed, and the European Central Bank said that ...
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