Newmont Mining Shares Surge After Merger Talks Fail
The end of merger talks between Barrick Gold and Newmont Mining, the world's biggest gold-mining companies, seems to have investors in the latter pleased, as its shares surged Monday morning.
The end of merger talks between Barrick Gold and Newmont Mining, the world's biggest gold-mining companies, seems to have investors in the latter pleased, as its shares surged Monday morning.
These are the top analyst upgrades, downgrades and initiations on Monday, April 7, 2014. They include Alcoa, Avago Technologies, Citigroup, Intel and Newmont Mining.
ThinkstockThe government of Indonesia in January banned the export of all raw materials and then introduced an escalating export tax of 20% to 25% on copper concentrate sent out of the country.…
24/7 Wall St. has been covering this latest attempt by gold and gold-mining stocks to break out of their recent range. A report from Sterne Agee projects that gold and silver are…
ThinkstockBeing in the gold mining and production business sure lost its luster, compared to when gold was on its way up to $2,000 per ounce. All things, even bad things, can come…
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Tuesday, February 4, 2014. They include Chevron, Gap, Merck, Microsoft and Zynga.
thinkstockJanuary 31, 2014: Markets opened lower on Friday following a report on eurozone inflation that indicated that the monetary union’s recovery remains weak. Added to that were worries about emerging markets that…
Quarterly results for gold mining companies are about to start coming in, and only a pollyanna would be looking for good news after the year these companies have just gone through. Earnings…
ThinkstockSince the beginning of the year, gold miners stocks are down between 40% and 50% as the price of gold has dipped by 30%. It is about to get worse for the…
Whether it is a question of gold and silver as a hedge, an industrial commodity or simply a straight contrarian stock trade, the J.P. Morgan team thinks now is the time to…
ThinkstockThe yellow metal has lost about 30% of its value over the past year, from a high of nearly $1,700 an ounce to right around $1,200 an ounce. The companies that mine…
ThinkstockThe price of spot gold has been hammered over the past year. The top American gold producers have gone through waves of restructuring and cost cutting in an effort to squeeze out…
ThinkstockFor most of the past decade, gold was the place to be. A disastrous housing market collapse, terror attacks in the United States and a host of additional geopolitical issues pushed the…
ThinkstockBarrick Gold Corp. (NYSE: ABX) already was having a bad week after earnings, when it disclosed more delays on projects. The real snafu here was that Barrick decided to add insult to…
Jon OggThe S&P 500 Index has been challenging all-time highs yet again this week. Once the government got out of the way in Washington D.C. things got back on track. 2013 is…