United States Steel Corp. (NYSE: X) reported third-quarter 2016 results after markets closed Tuesday evening. For the quarter, the steelmaker posted earnings per share (EPS) of $0.32 on revenues of $2.69 billion. In the…
A Credit Suisse report issued on Friday showed that the consolidation in gold has actually provided a more attractive entry point. The firm expects that the price of $1,200 per ounce should hold.
In a Schedule 13-G filing with the U.S. Securities and Exchange Commission (SEC) Tuesday morning, investment management firm Capital Research and Management Company subsidiary Capital Research Global Investors reported ownership of 139,981,480 shares of…
Gold has enjoyed one stellar 2016. At least until recently. The World Gold Council has chimed in on the recent activity, and its view is that the fresh October drop of 3% will bring…
Normally, if the price of something special falls, demand rises. The World Gold Council believes that demand for gold will be spurred by other economic factors as well.
A deceptively mild start to the 2016-2017 winter season in the southeastern United States is expected to give way to a sudden burst of cold air in January.
Rio Tinto remains one of the world's top mining and metals companies, and now it has launched a $3 billion debt reduction plan as part of its capital management efforts.
One of the biggest metrics that economists look at when gauging the strength of any economy is the use of materials like steel. Jefferies thinks the top companies in the industry could be in…
It remains no secret at all that gold has enjoyed a massive bounce in 2016. The shiny yellow metal itself was up about 24% year to date, but the key gold mining stocks have…
One of the most talked about deals of the year has been the acquisition of Monsanto by German chemical giant Bayer. The deal was finally announced Wednesday morning.