SWC
The scandal swirling around Volkswagen will inevitably have an impact on other diesel vehicle makers. That is not good news for platinum.
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Source: Jon OggStocks were indicated higher on Wednesday ahead of the pending FOMC decision on interest rates. Tuesday’s rally was yet another instance where investors proved that they want to buy...
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Thursday's top analyst upgrades, downgrades and initiations include Barrick Gold, Facebook, Halcon Resources, Qualcomm, Synchrony Financial and Texas Instruments.
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Wednesday's top analyst upgrades and downgrades from 24/7 Wall St. include Calpine, LendingClub, Rocket Fuel, Symantec and Verizon Communications.
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Source: ThinkstockSouth African miners at two platinum mines owned by Anglo American PLC’s Anglo American Platinum subsidiary (known as Amplats) have begun a wildcat strike, demanding that the...
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Source: ThinkstockThere are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one. Exchange traded funds (ETFs) are another. A third way is by investing in...
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Source: ThinkstockFor the year to date, the price of palladium has risen by a majestic 1.3%. That may sound paltry, but the metal’s performance beats its brother platinum, which has fallen in price...
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Source: ThinkstockSouth Africa’s Anglo American Platinum Ltd. (known as Amplats), the world’s largest platinum miner and a division of Anglo American plc, said today that it plans to reduce...
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Source: ThinkstockThe Clinton Group, a hedge fund with a stake of slightly more than 1%, succeeded last night in electing four of its nominees to the board of Stillwater Mining Co. (NYSE: SWC). Among...
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U.S. equity markets opened higher this morning despite low flash PMI readings from the eurozone. Germany’s manufacturing PMI reading was especially notable, falling to 47.9 from 49, and the...
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U.S. equity markets opened higher this morning, but struggled to stay in positive territory for most of the morning. There was little economic data released today. In Asia, Hong Kong’s consumer...
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Source: ThinkstockPlatinum prices have fallen nearly 10% from their 2013 highs in early February. Palladium prices are off as well, but the drop is just 3.6%. This is not good for South Africa, which...
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U.S. equity markets opened higher this morning following markets in Europe and Asia, most of which were also pointed higher. In Asia, equities were mostly higher following yesterday’s buoyant...
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Source: ThinkstockStillwater Mining Co. (NYSE: SWC) reported fourth-quarter and full-year 2012 results before markets opened this morning.The platinum and palladium miner posted quarterly earnings...
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U.S. equity markets opened higher this morning and wobbled around before heading upward for most of the day. Strong home prices and a surge in the consumer confidence index (more coverage here) gave...
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