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Posts related to ‘KGC’

Bull and Bear figures

Closing Bell for Wednesday on Wall Street: Markets Open Lower, Stock Prices Rise All Day

U.S. equity markets opened lower this morning on relatively little economic data. In Europe, Germany reported that industrial production rose 1.2%, while a house price index in the U.K.rose 1.1% ...
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Bull and Bear figures

Closing Bell for Tuesday on Wall Street: Share Prices Push Indexes to All-Time Highs

U.S. equity markets opened higher this morning following an unexpected 0.25% cut in Australia’s key interest rate to a new level of 2.75%. Japan’s Nikkei reopened today after a two-day ...
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Bull and Bear

Top Analyst Downgrades and Cautious Views from Wall Street

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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Gold and Silver

Gold and Silver — Is the Shine Wearing Off? (GLD, ABX, NEM, KGC, SLW)

The banking crisis in Cyprus has dragged on for a week now, with threat projections ranging all the way from “dire” to “who cares.” It seems reasonable to assume that ...
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close-up of red hot iron beams

Commodity Alchemy: Turning Gold into Lead

When the commodity traders at Goldman Sachs Group Inc. (NYSE: GS) say that commodities may be oversold right now they exclude gold from the rest of the asset class. In ...
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mining

Glencore Follows Other Big Miners to Lower Profits

London-traded Glencore International has been making news for more than a year now for its takeover of Xstrata, a mining company of which Glencore already owns about 40%. The company ...
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underground mining

Glencore’s CEO Weighs In on Mining’s Future

We have already covered the sea change that is washing over the mining industry. Where past practice has been to invest heavily in new assets with the strategy that growth ...
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underground mining

Miners Looking for More Gold — on Wall St.

Without going through all the changes in the top management of the world’s largest mining companies, there is one thing that stands about virtually all of these changes: putting more ...
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Bull and Bear figures

24/7 Wall St. Closing Bell — February 15, 2013: Markets Continue to Limp Along (CSCO, GOLD, RIG, KGC, JCP, CBS, GG, AEP, BKW, CPB, SJM, TOWR, CRMT, ESRX, NI, WIN, XOOM, TRLA, END)

U.S. equity markets opened slightly higher this morning on better economic news out of Europe and basically good data in the U.S. In Europe, the eurozone trade balance came in ...
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Bull and Bear

Top Analyst Upgrades and Downgrades (CTL, CSCO, GRMN, GNRC, GFI, HAIN, HBAN, JCP, KGC, MWW, NTGR, GOLD, RIG, URBN, YNDX)

These are some of this Friday's top analyst upgrades, downgrades and initiations seen from Wall St. research calls. CenturyLink Inc. (NYSE: CTL) cut to Hold from Buy at Argus, and ...
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Bull and Bear figures

24/7 Wall St. Closing Bell — February 14, 2013: Markets Punt Again Today (CL, NVDA, LMT, DELL, VZ, AMAT, CAR, CTL, CSCO, CLD, IPI, KGC, MET, NTAP, PXD, TRIP, Z, ANR, ABX, DTV, GM, PEP, CBS, GG, AEP, BKW, CPB, SJM, TOWR, HNZ, ANGI)

U.S. equity markets opened lower this morning, dragged down by weak economic data from Europe. Germany, France, Italy, and Greece all reported worse-than-expected GDP contraction for the fourth quarter of ...
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gold bars nuggets

Barrick Posts Big Net Loss Due to $4 Billion Write-Down

Barrick Gold Corp. (NYSE: ABX) reported fourth-quarter and full-year 2012 earnings before markets opened this morning. For the quarter, the gold miner posted adjusted earnings per share (EPS) of $1.11 ...
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Bull and Bear figures

24/7 Wall St. Closing Bell — February 13, 2013: Markets Get No Direction Today (CLWR, GE, GRPN, CLF, PM, RATE, BWLD, CLWR, RAX, CMCSA, DF, DE, TOT, AMAT, CAR, CTL, CSCO, CLD, IPI, KGC, MET, NTAP, PXD, TRIP, Z, ANR, ABX, DTV, PEP, RSOL, BBRY, PPHM)

U.S. equity markets opened higher this morning following a closely watched report on U.S. retail sales came in about as expected (more coverage here). U.S. business inventories rose less than ...
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underground mining

Metals Stocks: Questionable Value for Rest of 2013 (GLD, SLV, GDX, GDXJ, SIL, ABX, GG, KGC, NEM, AUY, FCX, SLW, CDE, SWC)

There are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one, exchange traded products (ETFs) are another, and a third is ...
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Mining

Mining Companies Wrote Off Almost $50 Billion Last Year

Everything about the mining industry is big, so it should come as no surprise that when things don’t work out as planned, the mistakes are big too. Two mining CEOs ...
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