Gold needs a breather. All of the same reasons that gold ran from $900 to $1200 are still in place outside of the catastrophic meltdown scenario on every investor’s mind in early…
These are this Wednesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Baidu Inc. (NASDAQ: BIDU) Reiterated Buy but target raised to $550 at Goldman Sachs. Canadian Natural…
If there was a single trading event for investors, traders, and speculators from early October to early December, it was not stocks and was not bonds. It was not even the bet…
Now that Barrick Gold Corp. (NYSE:ABX) has raised $4 billion or so to buy out its hedges, the company is set to enjoy an expected run-up in gold prices. In early trading…
These are this morning’s top pre-market analyst upgrades, downgrades and initiations from Wall Street early this Friday: Barrick Gold (ABX) Started as Hold at Jefferies. Becton Dickinson (BDX) Started as Overweight at…
These are top pre-market analyst upgrades and positive research notes we have seen from Wall Street early this Wednesday morning: BB&T (BBT) Raised to Market Perform at KBW. Comerica (CMA) Raised to…
Gold has been making a serious comeback and many are talking about the $1,000 per ounce level again as being ahead shortly. This latest run is with energy prices screaming, the US…
Lower prices for copper and gold hit Newmont Mining Corp. (NYSE:NEM) hard in the first quarter of 2009. Barrick Gold Corp. (NYSE: ABX) is also getting hit after its report, and all…
A ruling by an international arbitration court will lead to the divestiture by Newmont Mining Corp. (NYSE:NEM) of a portion of the company’s stake in an Indonesian mining firm. Newmont has 180…
The recent move in gold may be saying something about how to value the commodity in an environment of low inflation and in an environment where fear brings less of a premium. …
Share prices for gold miners and gold bullion mostly dropped yesterday as traders thought it was a good day to take on more risk. In London this morning, gold prices have jumped…
These are the top pre-market analyst downgrades we have seen very early this Monday morning with well over two hours until the open: Cognizant Technology (CTSH) Cut to Underperform at Wachovia. Infosys…
The bigger they are, the more noise they make when they fall. British miner Anglo American plc (NASDAQ:AAUK) has canceled its dividend for the fourth quarter, suspended its $4 billion share buyback…
Newmont Mining Corporation (NYSE: NEM) and Goldcorp Inc. (NYSE: GG) both reported earnings this morning. Newmont had net income of $10 million ($0.02 EPS) on revenue of $1.342 billion. On a non-GAAP…
When the going gets tough, the tough go for gold. That’s historically the way it’s worked out. And the going is definitely tough now. So what about gold? Is it going up…
