The cybersecurity firm posted impressive third-quarter earningsThe shares of FireEye Inc (NASDAQ:FEYE) are up 10.8% to trade at $18.88 -- headed toward their best day since May 2017 -- after the cybersecurity company reported third-quarter adjusted earnings of 6 cents per share on $211.65 million in revenue, more than analysts were expecting. The impressive results came as FireEye shifted to a sub...Read More
ZURICH (Reuters) - Rising global trade tensions could buffet the Swiss franc, Swiss National Bank Chairman Thomas Jordan warned on Wednesday, adding Switzerland would be among the countries hardest hit if full-scale trade war broke out.If higher tariffs made consumers and producers expect steadily rising prices, this could force central banks to tighten monetary policy to head off inflationary ris...Read More
LONDON (Reuters) - A Brexit deal is now firmly in sight and should be finalised by Nov. 21, Brexit Secretary Dominic Raab said in a week-old letter to a lawmaker that was published on Wednesday and briefly sent sterling sharply higher.With just five months until Britain is due to exit the European Union, little is clear: Prime Minister Theresa May has yet to clinch a divorce deal and rebels in her...Read More
WASHINGTON (Reuters) - U.S. national security adviser John Bolton said on Wednesday Washington wants to apply maximum pressure on Iran with sanctions on its crude exports, but does not want to harm countries that are friends and allies that depend on the oil.Bolton also said the Trump administration understands that a number of countries, some close geographically to Iran, and others “may no...Read More
Skeena Resources (TSX.V: SKE)(OTCQX: SKREF) today announced drill results for six holes from the Phase I drilling program at the Eskay Creek Project in British Columbia's Golden Triangle.Drill results returned high grades: up to 10 grams per tonne gold equivalent at 45 metres, and up to 502 grams per tonne silver equivalent at 12 metres. The Phase I drilling program at Eskay Creek continues to...Read More
(Adds economist, Albayrak comments, updates lira)ANKARA, Oct 31 (Reuters) - Turkey’s lira weakened more than two percent against the dollar on Wednesday after the government unexpectedly announced a plan to cut taxes on several sectors, including cars, white goods and furniture, until the end of the year.The tax cuts, announced by Finance Minister Berat Albayrak, came hours after the central...Read More
Vancouver-based explorer Golden Arrow Resources (TSX-V: GRG) has entered into a Definitive Agreement with Mineria Activa SpA to acquire up to 100% of the Indiana gold-copper project in Chile. Indiana is located approximately 35 kms from Golden Arrow's new Atlantida copper-gold project.The advanced-stage gold-copper project features a near surface deposit of high-grade gold and copper vein-hos...Read More
LONDON (Reuters) - OPEC has boosted oil production in October to the highest since 2016, a Reuters survey found, as higher output led by the United Arab Emirates and Libya more than offset a cut in Iranian shipments due to U.S. sanctions.The 15-member Organization of the Petroleum Exporting Countries has pumped 33.31 million barrels per day this month, the survey on Wednesday found, up 390,000 bpd...Read More
RIYADH (Reuters) - A senior Saudi Arabian prince who recently appeared to criticize the king and crown prince has returned to Riyadh, in what some sources close to the royal family say is a sign it wants to form a united front amid its worst political crisis in a generation.Prince Ahmed bin Abdulaziz, a younger brother of King Salman and uncle of Crown Prince Mohammed bin Salman, arrived on Tuesda...Read More
• Improving risk-appetite continue to dent the commodity’s safe-haven demand. • Resurgent USD demand/firming Fed rate hike prospects add to the selling pressure. • Technical selling further contributes towards accelerating the ongoing downfall. Gold kept losing ground through the early North-American session and drop...Read More
Klondike Gold Corp. reported assays from a further twelve drill holes at the Lone Star Zone at the Company's wholly owned Klondike District Property, Yukon Territory.A total of 87 holes (9,511.93 meters) were drilled in 2018. To date, final assay results have been received and released from 42 of the 87 diamond drill holes completed in 2018. Exploration continues to affirm multiple local sources o...Read More
Marijuana stocks are getting a lift from a recent bullish analyst noteThe shares of Aurora Cannabis Inc (NYSE:ACB) are up 10.8% to trade at $6.75 today, as several weed stocks enjoy sector tailwinds from the Canaccord Genuity bull note yesterday. The stock is now up 14% since Monday's close, and the surge has sparked a flurry of options trading for ACB. At last check, more than 6,400 options h...Read More
The Federal Reserve released a set of proposed rules Wednesday that would "significantly" lower regulator barriers for smaller banks.Under the rules, the banks would be divided into four categories, with those having between $100 billion and $250 billion in assets seeing the greatest relief.The largest banks would face essentially the same regulations under the Dodd-Frank reforms, though the frequ...Read More
SBBP and KIN are also making big moves on the charts todayA round of upbeat earnings and economic data has the U.S. stock market up big today, though it's still staring at a sizable October deficit. Among individual names making notable moves are da Vinci Surgical System parent Intuitive Surgical, Inc. (NASDAQ:ISRG), rare disease specialist Strongbridge Biopharma plc (NASDAQ:SBBP), and veterinary...Read More
BRUSSELS (Reuters) - European Union finance ministers will discuss next week a watered down proposal on an EU-wide digital tax, a document seen by Reuters shows, trying to persuade reticent governments to agree on the plan by the end of the year.Under a proposal from the European Commission in March, EU states would charge a 3 percent levy on the digital turnover of large firms such as Google and...Read More
Marijuana stocks are in "early internet" territory.Amazon's early investors walked away with over 79,000% in profits. And this same phenomenon is happening in the cannabis space right now.Remember, the dotcom bubble separated out the real companies from the fake.Which is why it's so important to "weed" out the companies that might not survive this volatile but opportune time.Now, the race has ser...Read More
Mr. Peter Tallman reportsKLONDIKE GOLD LONE STAR ZONE ASSAYS 1.32 G/T AU OVER 47.0 METRES AND 1.11 G/T AU OVER 36.25 METRESKlondike Gold Corp. has provided assays from a further 12 drill holes at the Lone Star zone at the company's wholly owned Klondike district property, Yukon territory.A total of 87 holes (9,511.93 metres) were drilled in 2018. To date, final assay results have been received and...Read More
NEW YORK (Reuters) - Robust corporate results helped world stock markets surge on Wednesday, bringing some relief to jittery investors after a brutal October sank equities with one of their worst drops since the financial crisis 10 years ago.Strong earnings reports in the United States and Europe spurred a broad rally, despite data showing that China’s factory growth slowed to its lowest in...Read More
(Kitco News) - Gold andsilver prices arelower and have hit three-week and four-week lows, respectively, in early-afternoonU.S. trading Wednesday. Improving trader and investor risk appetite in themarketplace at mid-week is bearish for the safe-haven metals. Also, a strongerU.S. dollar index that scored a new for-the-move high today is pressuring theprecious metals markets this week. December gold...Read More
LONDON (Reuters) - A Brexit deal is now firmly in sight and should be finalised by November 21, Brexit Secretary Dominic Raab said in a week-old letter to a lawmaker published on Wednesday that briefly sent sterling sharply higher.The United Kingdom and European Union have resolved most differences, though the issue of Northern Ireland remains, Raab said in the letter, dated Oct. 24 and sent to Hi...Read More