Canada’s Pan American Silver Corp. (NASDAQ: PAAS) has agreed to acquire junior miner Minefinders Corp. Ltd. (AMEX: MFN) for total consideration of CDN$1.5 billion. The total works out to CDN$15.60/share, a 36%…
Paul Ausick Earnings season has peaked, but we still have many key earnings reports and economic events coming in the week ahead. 24/7 Wall St. has featured a calendar with events scheduled all-week on…
Markets opened slightly lower this morning and spent the morning trying to decide on a direction. The Reuters/University of Michigan Consumer Sentiment Index rose more than expected, but even that was not…
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this morning. Advanced Micro Devices, Inc. (NYSE: AMD) Raised to Outperform at Wells…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Aixtron SE (NASDAQ: AIXG) Cut to Hold at Deutsche Bank. Bank…
As the disagreement on the US debt ceiling turns into a debacle, gold posted a new high near $1,635/ounce this morning before pulling back to trade at around $1,624 late in the…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Calpine Corporation (NYSE: CPN) Raised to Buy at BofA/ML. Computer Sciences…
As the politicians in America play chicken with our prized Triple-A debt rating and as Europe is succumbing to its PIIGS, gold has eclipsed $1600 per ounce and now it has helped…
Ollanta Humala, a left-leaning nationalist, won nearly 51% of the vote in Sunday’s presidential election in Peru and will take office in late July. Humala has promised to raise royalty payments on…
Today’s commodities watch focuses exclusively on silver, The Devil’s Metal. It appears that the gray metal may have hit a floor although the exact level of that floor is arguable. The price…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Arcos Dorados Holdings Inc. (NYSE: ARCO) Started as Overweight at Morgan Stanley;…
It may seem like corporate earnings season is just about over, but next week we have a flurry of reports with some tech and a monster amount of retail companies. We have…
The death of the silver trade is playing out even faster than the oil bubble popped in mid-2008. Silver is truly living up to its name “The Devil’s Metal.” The margin requirements…
The recent rise of silver and gold is hopefully the last wave of the new buyers hedging against inflation and buying protection against uncertainty in hard assets over paper money. Sadly, that might…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Air Products & Chemicals Inc. (NYSE: APD) Reiterated Buy and $108…
