Over the past year, gold prices have jumped by about a third, from around $900/ounce to over $1,200/ounce. And while the ETFs that track gold bullion and gold miners are showing gains…
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…
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…
The Corporate Library’s latest annual review of corporate governance at TSX 60 companies in Canada turned up eleven which present high or very high concerns with regard to CEO compensation: Kinross Gold Corporation (NYSE:KGC)…
This morning’s reports on unemployment (up), manufacturing (down), housing (sort of up), and consumer spending (up a little) have pushed the market down. Out of the gate this morning, gold miners and…
These are the top early analyst downgrades and cautious research calls we have seen this Wednesday morning from Wall Street firms: Aetna (AET) Cut to Market Perform at Credit Suisse. Cardinal Health…
Rio Tinto plc (NYSE: RTP) owns a majority stake in a diamond mine in Canada’s Northwest Territories, and apparently has no intention of selling that stake to Kinross Gold Corp. (NYSE:KGC), as…
These are some of the top pre-market analyst upgrades from Wall Street this Monday morning with well over two hours until the open: Ameristar Casinos (ASCA) Raised to Overweight at JPMorgan. Barrick…
We’ve now seen earnings out of gold giants Barrick Gold Corporation (NYSE:ABX) and Goldcorp (NYSE:GG), and after the close we’ll see earnings out of Kinross Gold Corporation (NYSE:KGC). As you read through…
