Moody’s Lowers Downside Targets to $900 on Gold and $15 on Silver
If a prediction from Moody's Investors Service turns out to be true, gold and silver are going to have a bad year. Moody's reduced its forward views for the average prices of…
If a prediction from Moody's Investors Service turns out to be true, gold and silver are going to have a bad year. Moody's reduced its forward views for the average prices of…
Jon OggEarnings season has officially started, but the stock market and bond market are both dealing with the government shutdown, an upcoming debt ceiling and even the announcement of a new Fed…
ThinkstockWe have had earnings results from a handful of silver miners in the past few days, and the news has not been very good. After markets closed on Wednesday, Silver Wheaton Corp.…
ThinkstockFirst Majestic Silver Corp. (NYSE: AG) reported second-quarter 2013 earnings before markets opened this morning. The Canada-based silver miner posted adjusted earnings per share (EPS) of $0.07 on revenues of $48.4 million.…
August 8, 2013: U.S. equity markets opened higher this morning after China reported that its trade surplus narrowed to $17.1 billion in July, well below an expected surplus of $27.2 billion. Elsewhere…
August 7, 2013: U.S. equity markets opened lower this morning after more comments by Fed officials point toward a winding down of the central bank’s stimulus sooner rather than later. In Europe,…
U.S. equity markets opened mixed this morning and failed to find a direction driver throughout the trading day. In Europe, Germany reported a stronger-than-expected trade surplus, while the U.K.’s trade deficit was…
U.S. equity markets opened slightly lower this morning after the Bank of England left its key interest rate and asset purchase program unchanged (more coverage here). In Asia, China’s consumer price index…
ThinkstockRising stockpiles of virtually every commodity had led to a sharp drop in long-dated noncommercial (speculative) futures. Slowing growth in the United States and elsewhere is getting the blame for the 31%…
U.S. equity markets opened higher this morning mostly on the strength of a far-better-than-expected report on U.S. non-farm payrolls and a lower-than-expected unemployment rate of 7.7% (more coverage here). In Europe, German…
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Apple Inc. (NASDAQ: AAPL) reiterated Outperform and $600 price target by Credit Suisse.…
These are some of the top analyst upgrades and downgrades seen early by 24/7 Wall St. from the key all Street research calls this Friday. Hecla Mining Co. (NYSE: HL) raised to…
Photo by Spencer Platt/Getty ImagesThe stock market is down Monday, with the Dow Jones Industrial Average down 0.35%, the Nasdaq down 0.20% and the S&P 500 down 0.20%. Today’s winners include a…
ThinkstockHecla Mining Co. (NYSE: HL) is seeing its shares clipped hard this morning due to an acquisition it is making. The company will spend close to $800 million to acquire Aurizon Mines…
U.S. equity markets opened higher this morning as they awaited results from the Italian elections. Early exit polls had the center-left party of Pier Luigi Bersani in the lead, but as returns…