ThinkstockWe have already covered the sea change that is washing over the mining industry. Where past practice has been to invest heavily in new assets with the strategy that growth was assured,…
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…
Jon OggThese are some of this Monday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Abaxis Inc. (NASDAQ: ABAX) cut to Underperform from Neutral. Activision Blizzard Inc. (NASDAQ: ATVI)…
U.S. equity markets opened lower this morning and continued a slow downward slide throughout the day. In Europe, flash PMI data from the eurozone came in below expectations on both manufacturing and…
U.S. equity markets opened flat to lower this morning as it waited for data on U.S. housing starts and producer price inflation. In Europe, markets got some downward signals from a higher-than-expected…
ThinkstockGold futures closed at around $1,676 an ounce in 2012, about 7% higher than the $1,565 or so the yellow metal fetched at the beginning of the year. Forecasts for the price…
ThinkstockGold futures closed below $1,650 an ounce on the Comex last night, sharply lower than the $1,700 or so the yellow metal fetched at the beginning of December 2011, but well above…
U.S. equity markets opened slightly higher this morning, but by the end of the first hour stocks had turned south and remained in negative territory throughout the rest of the day. In…
U.S. equity markets opened lower this morning as traders and investors tried to sort out their reactions to the re-election of President Obama. The initial reaction is that the U.S. economy is…
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…
These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday. Activision Blizzard Inc. (NASDAQ: ATVI) named value stock of the day at Zacks.…
Gold had hit yet a new six-month high of $1,779.10 per ounce in early bird trading today after the Bank of Japan decided to ease via an expanded asset purchase plan. The…
The announcement of QE3 is not bringing a “sell the news” reaction at all when it comes to the metals market. Gold is surging, but The Devil’s Metal of silver is significantly outperforming…
The three major US stock indexes opened somewhat lower this morning following an announcement from the Bank of England that it would not change interest rates nor asset purchases. In Asia, the…
The three major US stock indexes opened higher this morning following data showing that GDP in several countries grew better than expected (more coverage here). Which indicates that if the bar is…
