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REFILE-Job.com to raise up to $50 mln in token sale for blockchain-based platform

January 31, 2018 / www.kitco.com

(Refiles to fix typographical error in headline)By Gertrude Chavez-DreyfussNEW YORK, Jan 31 (Reuters) - Online employment company Job.com plans to raise between $30 million and $50 million in a token offering this spring to finance a new blockchain-based platform, the company's co-founder Arran Stewart told Reuters.The new platform will be launched after the token offering, Stewart told Reuters i...Read More

LPC-Banks sacrifice some fees on Flamingo buyout loan

January 31, 2018 / www.kitco.com

By Claire RuckinLONDON, Jan 31 (Reuters) - Banks have given up some fees on a 310m leveraged loan financing backing UK flower and vegetable supplier Flamingo's merger with rose producer Afriflora, banking sources said. Credit Suisse, Investec and Jefferies are leading the financing that comprises a 280m seven-year term loan B and a 30m six-year revolving credit facility.The deal was altered signif...Read More

US STOCKS-Boeing leads Wall St out of two-day slump; Fed awaited

January 31, 2018 / www.kitco.com

* Boeing jumps 6.2 pct after reporting higher core profit* ADP Jan payroll up 234,000 vs 185,000 expected* Fed statement awaited at 2 p.m. ET* Indexes up: Dow 0.60 pct, S&P 0.26 pct, Nasdaq 0.42 pct (Adds details, changes comment, updates prices)By Tanya AgrawalJan 31 (Reuters) - U.S. stocks rose in late morning trading on Wednesday, with the Dow climbing more than 200 points after two days of...Read More

San Marco appoints Grijalva as vice-president

January 31, 2018 / www.stockwatch.com

Mr. Robert Willis reportsSAN MARCO ANNOUNCES EXECUTIVE APPOINTMENT AND WARRANT EXERCISESan Marco Resources Inc. has appointed ChristianGrijalva as vice-president of San Marco and San Marco Resources, Mexico SA de CV. Previously, Mr. Grijalva was manager of projects for the company, overseeing all Mexico operations.Robert Willis, San Marco's chief executive officer, stated: "A significant part of b...Read More

San Marco appoints Grijalva as vice-president

January 31, 2018 / www.stockwatch.com

Mr. Robert Willis reportsSAN MARCO ANNOUNCES EXECUTIVE APPOINTMENT AND WARRANT EXERCISESan Marco Resources Inc. has appointed ChristianGrijalva as vice-president of San Marco and San Marco Resources, Mexico SA de CV. Previously, Mr. Grijalva was manager of projects for the company, overseeing all Mexico operations.Robert Willis, San Marco's chief executive officer, stated: "A significant part of b...Read More

Atlantia to consider options on Abertis' bid once rival offer approved

January 31, 2018 / www.kitco.com

MILAN, Jan 31 (Reuters) - Italy's Atlantia will consider all options regarding its bid on Abertis once a rival offer launched by Germany's Hochtief on the Spanish company is approved, the Italian group's chief executive said on Wednesday."We will consider every option about Abertis once the (Spanish) regulator approves Hochtief's bid over Abertis," Atlantia's CEO Giovanni Castellucci sai...Read More

Silver (haired) lining? Alibaba lures older shoppers as market slows

January 31, 2018 / www.4-traders.com

Online shopping may not be the typical domain of the elderly, but when it comes to buying groceries with a smartphone, Xiang Jiang, 70, considers herself rather savvy.Born a year before the Communist Party took control of China in 1949, Xiang has never had a bank account but she now has a wallet app that allows her to pay for items using her smartphone.Xiang is part of an older generation in China...Read More

SILVER : haired) lining? Alibaba lures older shoppers as market slows

January 31, 2018 / www.4-traders.com

Online shopping may not be the typical domain of the elderly, but when it comes to buying groceries with a smartphone, Xiang Jiang, 70, considers herself rather savvy.Born a year before the Communist Party took control of China in 1949, Xiang has never had a bank account but she now has a wallet app that allows her to pay for items using her smartphone.Xiang is part of an older generation in China...Read More

3 Tech Stocks Making Big Earnings Moves

January 31, 2018 / www.schaeffersresearch.com

Electronic Arts Inc. (NASDAQ:EA) is gapping higher today after the company's earnings release last night, while Advanced Micro Devices, Inc. (NASDAQ:AMD) is enjoying positive price action after earnings, as well. On the flip side, Juniper Networks, Inc. (NYSE:JNPR) is way lower following its quarterly report. We'll take a closer look at EA, AMD, and JNPR stocks below, as Wall Street reacts to the...Read More

Booming Boeing Stock Overdue for Upgrades

January 31, 2018 / www.schaeffersresearch.com

Excluding a $1.74 per share boost from tax reform, Boeing Co (NYSE:BA) reported better-than-expected fourth-quarter profit of $3.06 per share, thanks to solid 737 deliveries. The company also gave strong full-year guidance, and forecast a record-setting year for aircraft deliveries.In reaction, BA stock hit a record high of $360.97 out of the gate, and was last seen trading up 6.2% at $358.67. Thi...Read More

Georgia's economy gathers pace, grows 4.8 pct in 2017

January 31, 2018 / www.kitco.com

TBILISI, Jan 31 (Reuters) - Georgia's economy expanded by 4.8 percent year-on-year in 2017, preliminary official data showed on Wednesday, up from 2.2 percent in 2016.Economic growth accelerated thanks to higher exports and remittances from abroad. The highest growth was registered in the processing industry, services and real estate operations.In December alone, gross domestic product grew by 4.7...Read More

Metals Focus: U.S. Silver Industrial Demand Strong Despite Rising Comex Stocks

January 31, 2018 / www.kitco.com

(Kitco News) - Comexsilver warehouse stocks have hit their highest level in 23 years, yetindustrial demand for the metal remains strong, says Metals Focus.As of alate-Tuesday report, the consultancy said that CME Group Comex silver warehouse stocks stood at around 248 million ounces, their highest since late1994. They have risen from some 183 million ounces at the start of 2017.“This inturn...Read More

Metals Focus: U.S. Silver Industrial Demand Strong Despite Rising Comex Stocks

January 31, 2018 / www.kitco.com

(Kitco News) - Comex silver warehouse stocks have hit their highest level in 23 years, yet industrial demand for the metal remains strong, says Metals Focus.As of a late-Tuesday report, the consultancy said that CME Group Comex silver warehouse stocks stood at around 248 million ounces, their highest since late 1994. They have risen from some 183 million ounces at the start of 2017.“This in...Read More

Analyst: Fitbit Earnings Goals Within Reach

January 31, 2018 / www.schaeffersresearch.com

Despite staring at a second straight month in the red, some bullish analyst attention has Fitbit Inc (NYSE:FIT) stock higher this morning. Stifel upgraded the wearable tech name to "hold" from "sell," while cutting its price-target by 50 cents to $5.50. The analyst in coverage noted fourth-quarter earnings estimates appear achievable, despite concerns about durability of the fitness tracker devi...Read More

Bearish Options Prices Implode as Broadcom Bounces

January 31, 2018 / www.schaeffersresearch.com

Apple supplier and semiconductor stock Broadcom Ltd (NASDAQ:AVGO) is surging this morning, after the company narrowed its fiscal first-quarter guidance. Though not tentatively slated to report until Feb. 27, AVGO said it now expects earnings of $5.10 per share -- versus the consensus estimate of $4.95 per share -- and revenue to range from $5.30 billion and $5.35 billion, with the low end in line...Read More

Dow Futures Jump After Boeing Earnings Beat

January 31, 2018 / www.schaeffersresearch.com

After two days of heavy selling, a big earnings beat for Boeing (BA) has Dow futures trading more than 200 points above fair value this morning. Adding to the positive momentum, ADP data showed private employers added a stronger-than-expected 234,000 jobs in December. Traders are also looking ahead to a 2 p.m. policy announcement from the Fed. No changes are expected in Janet Yellen's last meeting...Read More

Novo appoints De Luca senior exploration manager

January 31, 2018 / www.stockwatch.com

Mr. Rob Humphryson reportsNOVO BOOSTS EXPLORATION TEAM Novo Resources Corp. has appointed Kas De Luca to its team as senior exploration manager. With a career spanning more than 30 years, including extensive international experience with companies such as Dundee Precious Metals, Placer Dome, KCGM and Goldfields, Ms. De Luca joins the company most recently from Newcrest Mining Ltd., where she held...Read More

Novo appoints De Luca senior exploration manager

January 31, 2018 / www.stockwatch.com

Mr. Rob Humphryson reportsNOVO BOOSTS EXPLORATION TEAM Novo Resources Corp. has appointed Kas De Luca to its team as senior exploration manager. With a career spanning more than 30 years, including extensive international experience with companies such as Dundee Precious Metals, Placer Dome, KCGM and Goldfields, Ms. De Luca joins the company most recently from Newcrest Mining Ltd., where she held...Read More

Vendetta drills 8.54 m of 12.56% Pb+Zn at Pegmont

January 31, 2018 / www.stockwatch.com

Mr. Peter Voulgaris reportsVENDETTA REPORTS SHALLOW HIGH GRADE DRILLING RESULTS FROM SURFACE AT THE PEGMONT LEAD-ZINC PROJECTVendetta Mining Corp. has released results from zone 1 drilling from the completed 2017 program at the Pegmont lead-zinc project in Queensland, Australia.Zone 1 sulphide highlights:PVRD104:7.1 metres of 11.02 per cent Pb plus Zn (7.10 per cent Pb, 3.93 per cent Zn);PVRD109:...Read More

Vendetta drills 8.54 m of 12.56% Pb+Zn at Pegmont

January 31, 2018 / www.stockwatch.com

Mr. Peter Voulgaris reportsVENDETTA REPORTS SHALLOW HIGH GRADE DRILLING RESULTS FROM SURFACE AT THE PEGMONT LEAD-ZINC PROJECTVendetta Mining Corp. has released results from zone 1 drilling from the completed 2017 program at the Pegmont lead-zinc project in Queensland, Australia.Zone 1 sulphide highlights:PVRD104:7.1 metres of 11.02 per cent Pb plus Zn (7.10 per cent Pb, 3.93 per cent Zn);PVRD109:...Read More

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