United States Steel Corp. (NYSE: X) is surging after its earnings report. While earnings were half of what they were a year ago, the report was “less bad” than analysts expected. The full earnings…
U.S. stocks are set to open higher on the final day of July. All three indexes are expected to post mild gains for the month. Futures on the Dow Jones Industrial Average are up…
Despite some softness in the gold market, Barrick Gold Corporation (NYSE: ABX) is up 1.7% on the day at $32.91. It is a rather impressive move when you consider that S&P is downgrading the gold…
It was just on Friday that we signaled that the Arch Coal Inc. (NYSE: ACI) share price reaction to its earnings report may have marked a bottom in the coal sector. The reality is…
Newmont Mining Corp. (NYSE: NEM) is supposed to be one of the biggest and best gold miners out there. Its high dividend is a testament to that. The problem is that gold miners have been…
Arch Coal Inc. (NYSE: ACI) is getting a huge boost after its earnings, and we would look for secondary and tertiary moves in the coal sector based upon this report. The coal giant reported…
Junior gold miner NovaGold Resources Inc. (NYSEMKT: NG) is down about -24% in early afternoon trading following a presentation today during the conference call webcast from Barrick Gold Corp. (NYSE: ABX). Barrick is having…
The latest report on the US drought increases slightly the area affected by “moderate” drought conditions or worse, but the footprint has widened to include every state, including Alaska and Hawaii. From the report:…
Barrick Gold Corp. (NYSE: ABX) reported second-quarter adjusted earnings per share (EPS) of $0.78 on $3.28 billion in revenue this morning. Adjusted EPS were sharply down from $1.12 per share in the same period…
Potash Corp. of Saskatchewan Inc. (NYSE: POT) reported second-quarter adjusted EPS of $1.01, which excludes one-time charges of -$0.41, and $2.4 billion in revenue this morning. Adjusted EPS were down from $1.12 per share…
The US Department of Agriculture (USDA) today published the first of its food prices report to include the effects of the current drought in much of the US Midwest. The report notes that the…
Gold miner Barrick Gold Corp. (NYSE: ABX) introduces a new CEO tomorrow at its quarterly earnings show. The consensus estimate from Thomson Reuters calls for EPS of $0.95 on revenue of $3.5 billion, compared…
The world’s largest producer of pork, Smithfield Foods Inc. (NYSE: SFD) said today that it would begin importing corn from Brazil to use as feed for the company’s livestock. This is an unusual move…
Since the beginning of May, gold futures prices have traded in an increasingly narrower band. The highs are trending lower, while the lows are trending higher. Given the continuing concern over the Eurozone’s financial…
Peabody Energy Corp. (NYSE: BTU) this morning reported its quarterly results of $0.73 adjusted earnings per share (EPS) and $2 billion in revenue. EPS dropped from $1.11 in the same period a year ago,…