Recent News

Global stocks, oil prices stumble, investors eye bonds, gold

October 23, 2018 / www.kitco.com

NEW YORK (Reuters) - Wall Street indexes were down on Tuesday though they pulled back from the day’s lows after investors fled to safety on worries about a global slowdown in growth while oil tumbled and pressure mounted on Saudi Arabia over the death of journalist Jamal Khashoggi.Benchmark U.S. Treasury prices rose, sending yields to their lowest levels in almost three weeks as tumbling equ...Read More

Johnson & Johnson makes $2.1 billion offer to buy out Japan cosmetics firm Ci:z

October 23, 2018 / www.kitco.com

TOKYO (Reuters) - U.S. healthcare conglomerate Johnson & Johnson (JNJ.N) said on Tuesday it will buy all outstanding shares of Japanese skincare firm Ci:z Holdings Co Ltd (4924.T) that it does not already own for 230 billion yen ($2.05 billion) in cash.J&J is betting the deal - which will give it ownership of popular brands such as Dr.Ci:Labo, Labo Labo and Genomer - will help it strengthe...Read More

Cerro Matoso owes Colombia more than $56M in royalties

October 23, 2018 / www.mining.com

The Cerro Matoso nickel mine, owned by Australian miner South32, owes more than $56 million in unpaid royalties to Colombia, the country's comptroller said on Tuesday.The company, which produced 40,600 tonnes of ferronickel in 2017, applied incorrect discounts to its royalty payments over several multi-year periods, the comptroller said in a statement."The mining company Cerro Matoso S.A. owes the...Read More

TREASURIES-Yields fall as tumbling stocks prompt safety buying

October 23, 2018 / www.kitco.com

(Adds two-year auction results, quotes, updates prices)* Benchmark yields lowest since Oct. 3* Treasury sells $38 bln two-year notesBy Karen BrettellNEW YORK, Oct 23 (Reuters) - Benchmark U.S. Treasury yields fell to their lowest in almost three weeks on Tuesday as tumbling equity markets worldwide fed investor demand for low-risk debt.China’s main stock indexes resumed a downward spiral as...Read More

Web performance software company Cloudflare readies IPO: sources

October 23, 2018 / www.kitco.com

(Reuters) - Cloudflare Inc, a U.S. startup whose software makes websites load faster and with greater security, is preparing for an initial public offering (IPO) that could value it at more than $3.5 billion, people familiar with the matter said.The San Francisco, California-based company is looking to go public in the first half of next year, the sources said this week, joining a string of softwa...Read More

Options Traders React to Blue-Chip Earnings

October 23, 2018 / www.schaeffersresearch.com

Caterpillar and 3M earnings are the big story todayThe Dow is trading lower today following a disappointing round of corporate earnings. Most notably, blue chips Caterpillar Inc. (NYSE:CAT) and 3M Co (NYSE:MMM) are leading the sell-off, overshadowing upbeat results from McDonald's Corporation (NYSE:MCD). Below, we'll look at how shares of CAT, MMM, and MCD are trading today, and how the options ma...Read More

Fed's Bostic: Difficult to know cause of equity selloff

October 23, 2018 / www.kitco.com

BATON ROUGE, La (Reuters) - It is difficult to say what is behind a recent stock market selloff, said Atlanta Federal Reserve president Raphael Bostic, though he cited geopolitical risk and a rise in long-term bond yields as recent developments that may play a role.The Fed’s own rate increases have been underway “for the better part of two years, the uncertainty around trade has been g...Read More

Putin meets Trump's national security pointman to discuss nuclear arms treaty

October 23, 2018 / www.kitco.com

MOSCOW (Reuters) - Russia’s Vladimir Putin met U.S. President Donald Trump’s national security advisor on Tuesday after the Kremlin said that Trump’s talk of quitting a landmark arms treaty that scrapped nuclear missiles in Europe was dangerous.In opening remarks, Putin told John Bolton that Russia was sometimes surprised by what he said were unprovoked steps that Washington took...Read More

Fight against gold mine turned Thai village into 'war zone'

October 23, 2018 / dlvr.it

NA NONG BONG, Thailand (Thomson Reuters Foundation) - They came in the night - a...Read full newsRead More

FEATURE-Fight against gold mine turned Thai village into 'war zone'

October 23, 2018 / dlvr.it

Little has been done to reverse the damage of gold mining and villagers have little recourse, say expertsRead full newsRead More

Sell Acacia Mining

October 23, 2018 / dlvr.it

With gold expected to continue the trend we have seen over the last six months, investors will continue to soften their holdings in publicly traded gold mining companies.One of the miners I would suggest selling is Acacia Mining PLC (ACA.L), the African subsidiary of Barrick Gold Corp. (ABX).WarningRead full newsRead More

Analyst: 'Impressive Summer of Development' as the Yukon's Next Gold Mine Takes Shape

October 23, 2018 / dlvr.it

With construction 40% completed, this gold explorer/developer is well on the way to getting the Yukon's next gold mine up and running.Read full newsRead More

Tesla Options Hot as Citron Goes Long Before Earnings

October 23, 2018 / www.schaeffersresearch.com

The short seller set a year-end $100 price target on Tesla back in MarchThe shares of Tesla Inc (NASDAQ:TSLA) have been volatile in recent months, per their 120-day historical volatility of 63.4% -- in the 99th annual percentile. Things are no different today, with the security up 10.2% to trade at $290.69, after Citron Research said it was long on TSLA stock.The noted short seller set a $100 pric...Read More

Two regional Fed banks urged holding discount rate steady before last meeting: minutes

October 23, 2018 / www.kitco.com

WASHINGTON (Reuters) - Two regional Federal Reserve banks were pushing for holding steady the rate commercial banks are charged for emergency loans until shortly before the U.S. central bank's last policy meeting, minutes from discussions about the discount rate showed on Tuesday.The Fed raised its benchmark federal funds rate at its Sept. 26 policy meeting as it forecast that the U.S. economy wou...Read More

Bolton tells Kremlin: 'Don't mess with U.S. elections'

October 23, 2018 / www.kitco.com

MOSCOW (Reuters) - U.S. national security advisor John Bolton said Russian meddling in U.S. elections had backfired on Moscow, providing a lesson to the Kremlin: “Don’t mess with American elections.”Speaking on a visit to Moscow, Bolton said there was no evidence the meddling - which Russia has denied - materially affected the outcome of the 2016 presidential election, but that i...Read More

Crop Announces Major 1.5 Million Pound 3-Year Supply Agreement -- $CROP @CROP_CSE #Cannabis #California #CRXPF...

October 23, 2018 / twitter.com

"Crop Announces Major 1.5 Million Pound 3-Year Supply Agreement -- $CROP @CROP_CSE #Cannabis #California #CRXPF #CropCorp #CSE #BNN #MarijuanaStocks #Potstocks #hemp #CBD #smallcap --Read the News Release here: https://t.co/5iqXinMHFC"Read full newsRead More

1933 Industries (@1933Industries) (#CSE: $TGIF // #OTCQB: $TGIFF) Spire Global Strategy to Develop #Cannabis Compli...

October 23, 2018 / twitter.com

"1933 Industries (@1933Industries) (#CSE: $TGIF // #OTCQB: $TGIFF) Spire Global Strategy to Develop #Cannabis Compliance Course in B.C.[https://t.co/EE7o2cg6Ws]#POTstocks #investing #stocks #stockmarket #trading #investors #news #investing #business #investments #hemp #cbd"Read full newsRead More

2 Reasons To Buy The Dip On This Chip Stock

October 23, 2018 / www.schaeffersresearch.com

Nvidia's recent pullback could have bullish implicationsThe shares of Nvidia Corporation (NASDAQ:NVDA) are taking part in the broad market and semiconductor sell-off today, down 4.2% at last check to trade at $221.41. Also pressuring NVDA lower is a price-target cut from UBS to $260 from $285. However, there is silver lining for the chip stock in the form of two bullish signals that just flashed....Read More

Palladium settles at a record above $1,100 an ounce

October 23, 2018 / www.marketwatch.com

Palladium futures settled at a record on Tuesday, as concerns surrounding supplies from Russia, following U.S. President Donald Trump's plan to pull out of a nuclear treaty with Moscow, lifted prices for a third straight session. Palladium for December delivery PAZ8, -0.29% climbed by $15.10, or 1.4%, to settle at $1,122.80 an ounce on Comex after tapping an intraday high of $1,137.70. The settle...Read More

FSD Pharma (@FsdPharma) (#CSE: $HUGE // #OTCQB: $FSDDF) Signs Binding LOI to Acquire Therapix Biosciences [...

October 23, 2018 / twitter.com

"FSD Pharma (@FsdPharma) (#CSE: $HUGE // #OTCQB: $FSDDF) Signs Binding LOI to Acquire Therapix Biosciences [https://t.co/EjNEOM881t]#POTstocks #investing #stocks #stockmarket #trading #investors #news #investing #business #investments #cannabis #hemp #cannabisdaily #THC #CBD"Read full newsRead More

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