AngloGold Ashanti Limited (ADR...
NYSE: AU
$17.75
+$0.60 (+3.5%)
Closing price May 16, 2022
Gold opened above $1,200.00 per ounce this morning before dropping below that magic number again as the day progressed. SPDR Gold Shares ETF (NYSE:GLD) is pretty much flat, opening at $118.49 and now...
12 years ago
Last Updated: 2 years ago
We aren’t going to bother telling you the news on Goldman Sachs being charged by the SEC with fraud over mortgage products. The notion that hedge fund Paulson & Co. is being implicated and tied...
12 years ago
Last Updated: 2 years ago
The Fed has started the end of the near-zero rate cycle cycle, sort of. But yesterday’s sudden discount rate hike to 0.75% from 0.50% is almost certainly a prelude to the Fed Funds rate hike(s)...
12 years ago
Last Updated: 2 years ago
These are this Thursday’s top ten analyst upgrades, downgrades, and initiations we have seen from Wall Street research calls this Thursday morning: Acorda Therapeutics (NASDAQ: ACOR) Cut to...
12 years ago
Last Updated: 2 years ago
These are this Wednesday mornings top Wall Street analyst downgrades and cautious research calls we have seen early this morning: Anglogold (AU) Cut to Neutral at Nomura. BP plc (BP) Cut to Hold at...
12 years ago
Last Updated: 2 years ago
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 today, Barrick shares were up...
12 years ago
Last Updated: 12 years ago
Ben Bernanke thinks the risks of inflation may be overstated or those fearing major inflation may be misguided. But that feeling is still not shared by many on Wall Street and also not shared by...
12 years ago
Last Updated: 2 years ago
We have provided links through on our day trading alerts page this morning. Each stock is seeing active trading right before the open and brief explanations and analysis are offered at...
12 years ago
Last Updated: 1 year ago
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 Dollar getting...
12 years ago
Last Updated: 12 years ago
These are some of the general analyst downgrades we have seen this Monday morning from Wall Street: Allegheny Energy (AYE) Cut to Neutral at Goldman Sachs. Anglogold (AU) Cut to Neutral at UBS. BJ...
12 years ago
With gold back well above the $900.00 mark, it seems that the SPDR Gold Shares (NYSE: GLD) and the Market Vectors Gold Miners ETF (NYSE: GDX) are trying to interpret a key gold earnings report. ...
13 years ago
Last Updated: 2 years ago
AngloGold Ashanti Ltd. (NYSE:AU) has indicated that first quarter 2009 production will reach just 1.1 million ounces of gold, 2.5% lower than previous guidance. The company has maintained its...
13 years ago
Last Updated: 2 years ago
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...
13 years ago
Last Updated: 13 years ago
South African gold miner AngloGold Ashanti Ltd. (NYSE:AU) shares are up about 1.5% this morning after the company reported a quarterly net loss of $17 million. The loss was primarily attributed to a...
13 years ago
Last Updated: 13 years ago
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 or down? Is gold the place...
13 years ago
Last Updated: 2 years ago