WASHINGTON (Reuters) - The chair of the House Financial Services Committee says he is still hopeful the Senate will vote on a bill that would make it easier for companies to raise capital and go public, despite a growing likelihood the legislation has stalled in the upper chamber.In a statement to Reuters on Thursday, Texas Representative Jeb Hensarling said, without offering a date, he had &ldquo...Read More
(Reuters) - Twenty-First Century Fox Inc (FOXA.O) Executive Chairman Lachlan Murdoch said Thursday it is still an “open question” whether the company will buy back the regional sports networks it sold to entertainment company Walt Disney Co (DIS.N) in July as part of a $71 billion deal.Speaking at the New York Times Co’s (NYT.N) DealBook conference in New York, Murdoch, who will...Read More
(Kitco News) - The U.S. dollar and economic growth can’t keep going up indefinitely and next year will be the time for a slowdown, according to one French bank, which is bullish on gold and silver in 2019.“We are bullish on gold prices, mainly due to our expectations of a weaker dollar in 2019. We think that the weaker currency and macroeconomic environment will be the main driver behi...Read More
(Kitco News) - The U.S. dollar and economic growth can’t keep going up indefinitely and next year will be the time for a slowdown, according to one French bank, which is bullish on gold and silver in 2019.“We are bullish on gold prices, mainly due to our expectations of a weaker dollar in 2019. We think that the weaker currency and macroeconomic environment will be the main driver behi...Read More
NEW YORK, NY / ACCESSWIRE / November 1, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...Read full newsRead More
Hard hit by falling metals prices, Colorado Springs-based mining company Gold Resource Corp. lost $781,000 in the third quarter, compared with a $4.58 million profit a year earlier.Read full newsRead More
A New York federal judge confirmed an arbitral award totaling $23.1 million issued against two connected mining companies for allegedly breaching a settlement agreement with a U.S.-based gold mining company, entering default judgment against the two companies for their failure to respond to the petition.Read full newsRead More
With the Basic Materials sector poised to log strong growth in the third quarter, it will be interesting to see how miners Alamos Gold and First Majestic Silver fare when they report quarterly results.Read full newsRead More
Fitbit stock is trading up, tooThe U.S. stock market is higher today on trade optimism. Among individual names making big moves are wearable tech firm Fitbit Inc (NYSE:FIT), Chinese e-commerce name JD.com, Inc. (NASDAQ:JD), and molecular diagnostics specialist Myriad Genetics, Inc. (NASDAQ:MYGN). Here's a quick look at what's moving shares of FIT, JD, and MYGN.Fitbit Earnings Boosted By Smartwatch...Read More
Following two failed attempts to come to an agreement on purchasing Centerra's Kumtor mine, Chaarat has pulled its C$2-billion offer.Read full newsRead More
Chinese imports of scrap metal from the United States fell in September, according to customs data on Thursday, spelling out the impact of tariffs imposed by Beijing, while India and Iceland benefited from a boom in Chinese alumina exports.China's General Administration of Customs said in a statement posted on its website on Thursday that it was making available to the public monthly data on the i...Read More
Chinese imports of scrap metal from the United States fell in September, according to customs data on Thursday, spelling out the impact of tariffs imposed by Beijing, while India and Iceland benefited from a boom in Chinese alumina exports.China's General Administration of Customs said in a statement posted on its website on Thursday that it was making available to the public monthly data on the i...Read More
LONDON (Reuters) - British sports minister Tracey Crouch resigned from government on Thursday, the BBC reported, in a row over whether ministers had delayed a proposed implementation of gambling reforms.The government is to cut the maximum stake on fixed-odds betting terminals (FOBTs) from 100 pounds to just two pounds, but not until next October. The move came after ministers opted to try to tack...Read More
"Crystal Lake Mining (CLM-V) -- Drilling Starts at Burgundy Ridge... DR. Peter Lightfoot quotes:Read full newsRead More
Gold appears to be an attractive investment during the next few years.A larger degree corrective rebound is probably unfolding.Another spike below the August 2018 lows seems likely to start a bigger rally.Introduction Gold appears to be an attractive investment during the next few years. Technical analysis and sentiment indicators lead to this conclusion. However, the Elliott wave framework sugges...Read More
New Yorkers looking to escape the winter chill by driving to Daytona Beach, Florida, would use about 40 gallons of gasoline to traverse the 1,000 miles in a Chevrolet Impala.Switch that gas guzzler out for an electron-eating EV and the equation changes. A Tesla Model S traveling the same distance would need power generated by about 2,500 cubic feet of natural gas, 286 pounds of coal or 33 minutes...Read More
"American Manganese (@AmerManganese) (#TSXV: $AMY // #OTCQB: $AMYZF)The Biggest SECRET in the #BatteryMetals Industry [https://t.co/vZXN82KP0K]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #resources #cleanenergy"Read full newsRead More
(Reuters) - Chuck Wirtz voted for Donald Trump in the 2016 election, inspired by the then-political outsider, but the veteran Iowa hog farmer now has buyer’s remorse as the U.S. Republican president’s trade policy exacts a heavy toll on his business.Wirtz, 56, estimates the tariffs resulting from the U.S. trade war with China and other nations have cost him $200,000 this year and force...Read More
"Canada Cobalt Works (@canadacobalt)(#TSXV: $CCW // #OTC: $CCWOF) #CEO Frank Basa on the #Cobalt Market & Upcoming Catalysts [https://t.co/R1C9tfQ3bY]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #resources #cleanenergy"Read full newsRead More
WASHINGTON (Reuters) - Washington ratcheted up pressure on Venezuela’s leftist President Nicolas Maduro on Thursday with new measures aimed at disrupting the South American country’s gold exports, U.S. national security adviser John Bolton said.Bolton promised a tough stance by the Trump administration toward “dictators and despots near our shores” and singled out Venezuela...Read More