U.S. equity markets opened higher this morning as investors seemed to prefer a little risk trading on U.S. election day. Asian markets were cautious ahead of today’s elections, while in Europe some…
ThinkstockWhen Silver Wheaton Corp. (NYSE: SLW) reported third-quarter results yesterday, the silver miner noted that lower sales and lower prices hit both revenues and profits, down 13% and 11% respectively. A year-over-year…
The three major US stock indexes opened higher this morning on a report from Europe that German chancellor Angela Merkel now backs bond buying by the European Central Bank.Even a larger-than-expected drop…
The three major US stock indexes opened higher this morning most likely due to the lack of bad news on the Eurozone’s financial troubles (more coverage here). Asian markets got a chance…
Canadian gold miner Yamana Gold Inc. (NYSE: AUY) announced this morning that it is acquiring Canadian junior miner Extorre Gold Mines Ltd. (AMEX: XG) for a total of about $395 million. Yamana…
The major US stock indexes opened lower this morning following a weekend of elections in Europe. A new Socialist party president in France and a still very cloudy future in Greece have…
Markets opened up a bit this morning, but by 10:00 a.m. equities had turned back down, with the DJIA sliding down nearly -200 points before rallying back to its opening mark in…
Today’s commodities watch looks at a silver miner’s and a food producer’s quarterly earnings. And a quick look at how copper is coming back today. Silver and gold miner Coeur d’Alene Mines…
Today’s action is showing a very favorable move to Market Vectors Junior Gold Miners ETF (NYSE: GDXJ) after news that Newmont Mining Corporation (NYSE: NEM) is acquiring Fronteer Gold Inc. (AMEX: FRG). …
Canadian-based silver miner Pan American Silver Corp. (NASDAQ: PAAS) has released a report on its Navidad project in Argentina, providing details on a preliminary assessment of the project’s viability. The company primarily…
Coeur d’Alene Mines Corp. (NYSE: CDE) has announced a 1-for-10 reverse stock split, which will be effective on May 26, 2009. The shares will trade on the NYSE on a split-adjusted basis…
Douglas A. McIntyre Brunswick (BC) Moody’s downgrades to junk because of falling consumer spending and company’s financials. Drops to $3.80 from 52-week high of $22.85. Coeur d’Alene Mines (CDE) Sells new convertible note. Metals stocks…
General Growth Properties (GGP) S&P cuts ratings on growth concerns. Falls to $7.25 from 52-week high of $57.84. Mosaic (MOS) Fiscal quarter earnings miss mark. Drops to $39.50 from 52-week high of…
Coeur d’Alene Mines (CDE) Bad day for commodities stocks. Drifts down to $1.62 from 52-week high of $5.18 Newfield Exploration (NFX) Crude down $6. Bad day for oil exploration stocks. Falls to…
Coeur d’Alene Mines (CDE) Faces bad earnings and falling metals prices. Drops to $1.69 from 52-week high of $5.18. Anglogold Ashanti (AU) Metals stocks down. Slips to $25.68 against 52-week high of…
