1:09pm ET
Commodities & Metals
Gold Miners Not Sharing in the Wealth
The price of gold has risen by about $200 an ounce since the end of June and has scored about half that gain since the first of September. The yellow metal is…
FCX Coverage Page 27
4:07pm ET
Investing
24/7 Wall St. Closing Bell — July 19, 2012: Market Up Slightly, Tech Leads
The three major US stock indexes opened higher this morning as investors continue to hope for more central bank stimulation in weakening global economy. These investors are probably right that something will…
4:06pm ET
Investing
24/7 Wall St. Closing Bell — July 18, 2012: Markets Rise on Lack of Bad News
The three major US stock indexes opened modestly lower this morning as there was little news out of Europe and Asian markets closed mixed. Traders were waiting to hear more from Fed…
11:00am ET
Banking, finance, and taxes
Top Earnings Previews for Thursday (AMD, AN, COF, CMG, ETFC, FCX, GOOG, KEY, MSFT, MS, NOK, PM, SNDK, LUV, TRV, VZ)
Thursday will mark yet another important day for this earnings season. The second quarter became more challenging for many companies, as we noted about so many tech warnings weighing on shares last…
6:19am ET
Special Report
The 12 Companies with the Highest-Paid Boards of Directors
Often, the media discusses the issue of high CEO pay, but what about high pay for members of the board? More than a dozen public company boards had directors whose compensation averaged…
9:02am ET
Commodities & Metals
Barrick Gold Fires CEO, Wants Higher Share Price (ABX, KGC, GG, AUY, NEM, FCX)
Barrick Gold Corp. (NYSE: ABX) announced this morning that it has replaced now-former CEO Aaron Regent and appointed the company’s now-former CFO, Jamie Sokalsky, as the new CEO, effective immediately. Sokalsky will…
12:59pm ET
Commodities & Metals
After the Fall: A Value Choice in Base Metals and Steel (RIO, VALE, BHP, X, NUE, STLD, MT, FCX, SCCO, AA)
The single most important word in world markets for base metals and steel is “China.” With the slow-motion economic recovery in the global economy, the expected 8% or so growth in Chinese…
10:12am ET
Banking, finance, and taxes
When Gold, Silver, and Copper All Tank… Are They All Devil’s Metals? (GLD, RGLD, SLV, HL, JJC, SCCO, FCX)
What happens when you have an appreciating dollar? Commodity prices tend to fall, all other things being equal. But what about when you have a scenario where risk-on investors are not buying…
9:37am ET
Commodities & Metals
Gold Miners in Flux (ABX, GG, NEM, KGC, AUY, FCX)
Gold has been trading in a fairly narrow range between $1,600-$1,700/ounce for the past two months after ending 2011 at around $1,525/ounce. Gold prices spiked to near $1,800/ounce in February, but none…
9:54am ET
Commodities & Metals
Copper Miners Looking at a Tough Year (FCX, RIO, SCCO, BHP)
From a high of around $4.60/pound in February of 2011, copper prices have fallen around $3.60/pound today, which is actually better than the price of around $3.40/pound at the beginning of the…
11:50am ET
Commodities & Metals
Upside is Scarce in Metals and Materials Stocks (X, NUE, STLD, NEM, ABX, SLW, FCX, SCCO, AA, MCP)
The metals and materials sector, including miners, has been hit hard by the weaker global economy. China’s manufacturing slowdown, the turmoil in Europe, and slow growth in the US have caused prices…
2:06pm ET
Investing
Materials, Healthcare Sectors Lead Earnings Upside (MMR, SLB, FCX, FRX, CBST)
Of the companies that have so far reported earnings for the last quarter, five from the materials sector have posted surprise earnings upside of more than 15%. That’s according to S&P Capital…
1:47pm ET
Investing
Earnings Better than Expected So Far (MON, BAC, BBT, FCX, GS, COF)
Of the 76 companies included in the S&P 500 index that have reported earnings through last week, 55% have beat expectations according to S&P Capital IQ consensus estimates. The largest year-over-year growth…
4:04pm ET
Investing
24/7 Wall St. Closing Bell (V, MA, C, CVX, APD, EBAY, ZZ, BLK, BAC, FCS, FCX, MS, LUV, EGHT, TSL, JASO, STP)
Stocks opened higher this morning and have mostly remained in positive territory throughout the day. Reports that China was considering lowering its banks’ capital reserve requirements boosted both Asian and European markets…
11:14am ET
Investing
Newmont Lowers Copper Production Estimate (NEM, FCX, SCCO, ABX)
Newmont Mining Corp. (NYSE: NEM) is out with its preliminary estimates on 2011 production and an outlook for 2012. In 2011, the company expects gold production of about 5.2 million ounces at…