Recent News

Detour Gold says hedge fund Paulson rejected its settlement offer

October 12, 2018 / www.kitco.com

Oct 12 (Reuters) - Canadian gold miner Detour Gold Corp said on Friday that its settlement offer regarding management changes, which included a plan to appoint a new chief executive officer, was rejected by hedge fund Paulson & Co.The settlement would have resulted in almost half of its board being refreshed in six weeks, with interim CEO Michael Kenyon stepping down before the next annual gen...Read More

Italy resisting EU push to impose sanctions over cyberattacks

October 12, 2018 / www.kitco.com

BRUSSELS (Reuters) - Italy is resisting a European Union push to impose sanctions on states who carry out cyberattacks, a move that appears in line with Rome’s calls to de-escalate tensions with Russia but that could alienate Italy from its EU allies.Diplomats said the sanctions plan is meant to strengthen EU defenses and deterrence against cyberattacks, in particular from Russia, which has...Read More

High-end marijuana retailer MedMen just spent $682 million on the largest US cannabis acquisition in history -- Re...

October 12, 2018 / twitter.com

"High-end marijuana retailer MedMen just spent $682 million on the largest US cannabis acquisition in history -- Read the Article from the Business Insider here: https://t.co/KiKAcno2CQ"Read full newsRead More

1933 Industries' (@1933Industries) (#CSE: $TGIF // #OTCQB: $TGIFF) Infused MFG Reaches 80x Growth Milestone [...

October 12, 2018 / twitter.com

"1933 Industries' (@1933Industries) (#CSE: $TGIF // #OTCQB: $TGIFF) Infused MFG Reaches 80x Growth Milestone [https://t.co/MyZCaTqc07]#POTstocks #investing #stocks #stockmarket #trading #investors #news #investing #business #investments #cannabis #hemp #cannabisdaily #CBD"Read full newsRead More

Take 5 minutes and read up on the premier cobalt play, Canada Cobalt Works! #CCW $CCW @CanadaCobalt #Cobalt #Mining...

October 12, 2018 / twitter.com

"Take 5 minutes and read up on the premier cobalt play, Canada Cobalt Works! #CCW $CCW @CanadaCobalt #Cobalt #Mining #CCW.V #Silver #TSXV #SmallCaps #batterymetals Read more here: https://t.co/acpjbX43Vy"Read full newsRead More

U.S. banks profit from higher rates, more loans and lower costs

October 12, 2018 / www.kitco.com

NEW YORK (Reuters) - The U.S. banking industry is enjoying the benefits of a growing economy and lower taxes, and three of the largest lenders reported double-digit profit growth on Friday.The results reflected an array of positive business factors for banks. Their net interest margins - the difference between what they pay on deposits and what they charge on loans - have widened. Other key busine...Read More

Great Panther Silver Reports Third Quarter 2018 Production Results and Provides Corporate Update @Gr8_Panther...

October 12, 2018 / twitter.com

"Great Panther Silver Reports Third Quarter 2018 Production Results and Provides Corporate Update @Gr8_Panther https://t.co/sspUbvjHNM"Read full newsRead More

With risky bets back in play, stock selloff revives 'Volmageddon' memories

October 12, 2018 / www.kitco.com

NEW YORK (Reuters) - Months after he lost millions when an esoteric corner of financial markets cratered in February, former Target Corp store manager Seth Golden is betting against volatility again.Golden, who says wagers on market calm earned him millions in the past six years, is among the investors who have kept trading complex financial products linked to the Cboe Volatility Index .VIX - Wall...Read More

AREV Brands International Announces Mike Withrow as CEO -- #AREV #ArevInternationalBrands $AREV $AREV.CA #ACMPR...

October 12, 2018 / twitter.com

"AREV Brands International Announces Mike Withrow as CEO -- #AREV #ArevInternationalBrands $AREV $AREV.CA #ACMPR #SmallCaps #MarijuanaStocks #CSE #BNN #MarijuanaStocks #Potstocks #hemp #CBD #smallcap #cannabis #THC Read the News Release here: https://t.co/zMif6gF9wF"Read full newsRead More

Friday Bounce Can't Save Stocks from Weekly Losses

October 12, 2018 / www.schaeffersresearch.com

The SPX strung together its worst losing streak since November 2016Wall Street took a big hit this week as concern over rising interest rates -- a subject President Donald Trump was quick to weigh in on -- sent traders heading toward the exit en masse. The major benchmarks plunged below key technical levels, with the Dow tallying a two-day loss of 1,377 points between Wednesday and Thursday, the S...Read More

Donlin gold mine needs to move a mountain. How close is that to happening?

October 12, 2018 / dlvr.it

There isn't much at the proposed mine site right now: just a long airstrip, with clusters of sturdy buildings in the middle of green mountains close to the Middle Kuskokwim River. But if completed, the Donlin gold mine would be one of the biggest in the world. Listen nowRead full newsRead More

Facebook says attackers stole details from 29 million users

October 12, 2018 / www.kitco.com

(Reuters) - Facebook Inc (FB.O) said on Friday it had confirmed that the attackers in the mass security breach it announced late last month accessed the accounts of about 30 million people in total and stole name and contact details for 29 million.Facebook Inc said in late September that hackers stole digital login codes allowing them to take over nearly 50 million user accounts in its worst secur...Read More

New communication sector's shine could soon wear off

October 12, 2018 / www.kitco.com

NEW YORK (Reuters) - The mash-up of old and new media may not be a winning combination for the new S&P communication services sector .SPLRCL as its highest fliers face regulatory threats and challenges to user growth.The reconstituted sector, which debuted at the end of September, includes telecom, internet, media and entertainment companies such as AT&T Inc (T.N), Walt Disney Co (DIS.N) a...Read More

Bank of America Call Options Hot Before Earnings

October 12, 2018 / www.schaeffersresearch.com

BAC is on pace for its worst week since MarchBank of America Corp (NYSE:BAC) stock is trading flat this afternoon, last seenat $28.40. Amid today's focus on big banking earnings, traders are more than likely gearing up for Bank of America's upcoming third-quarter earnings report, which is slated to hit the Street before the market opens on Monday, Oct. 15. Below we will take a look at how BAC has...Read More

BTU Mobilizes Crews to Dixie Halo Property Contiguous to Great Bear's Dixie Project, Red Lake District, Canada...

October 12, 2018 / twitter.com

"BTU Mobilizes Crews to Dixie Halo Property Contiguous to Great Bear's Dixie Project, Red Lake District, Canada @BTUMetalsCorp https://t.co/6J8nB47BM3"Read full newsRead More

Dollar rises on stock rebound, upbeat Chinese data

October 12, 2018 / www.kitco.com

NEW YORK (Reuters) - The dollar climbed on Friday against a basket of currencies as global equity prices rebounded from a six-day rout and robust Chinese export figures soothed some worries about the world’s second-biggest economy and its trade war with Washington.Euro and sterling snapped their three-day winning streak in advance of next week’s European Union summit where Britain and...Read More

U.S. extends deadlines for sanctioned Russian firms EN+, Rusal

October 12, 2018 / www.kitco.com

WASHINGTON (Reuters) - The United States on Friday said it was granting investors another month to divest their holdings of sanctioned Russian companies EN+ <ENPLq.L > and Rusal and was giving the firms more time to address their business operations.The U.S. Treasury Department in April imposed sanctions against billionaire Oleg Deripaska and eight companies in which he is a large shareholde...Read More

Stock Market Stabilizes as Tech Shares Surge

October 12, 2018 / www.schaeffersresearch.com

All three benchmarks are still heading for their worst week since MarchThe U.S. stock market is stabilizing, with the Dow Jones Industrial Average (DJI) up triple digits and the S&P 500 Index (SPX) set to snap its six-day skid. The Nasdaq Composite (IXIC) is higher, too, as FAANG stocks rally. Today's upside comes after two days of sharp selling, with traders also watching the start of earnings...Read More

New York Fed leaves U.S. third-quarter, fourth-quarter GDP view little changed

October 12, 2018 / www.kitco.com

NEW YORK (Reuters) - U.S. gross domestic product is expanding at a 2.25 percent clip in the third quarter compared with a 2.27 percent pace calculated a week ago following this week's inflation data, the New York Federal Reserve's Nowcast model showed on Friday.It projected GDP in the fourth quarter is growing at a 2.77 percent rate versus a 2.80 percent pace estimated the week before.Reporting by...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok