CEO of Ceres Power(LON:CWR) Phil Caldwell tells Proactive how he sees fuel cell technology completely taking over from combustion engine driven energy...he says a revolution is happening and Ceres is at the forefront of that. Ceres has signed another joint development agreement with an original equipment manufacturer (OEM).Ceres and the unnamed new partner will work together to develop prototype m...Read More
(Kitco News) - Kitco aficionados, it isnow time to have your say in where you think gold prices are heading in theshort-term.Will gold prices go higher, lower or remain unchanged nextweek? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12PM EDT) along with the results fromour market professional survey.Readers can also se...Read More
(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our market professional survey.Readers can al...Read More
Deere & Company (NYSE:DE) turned in a strong annual return in 2017. However, the stock could have more fuel in the tank. Although DE stock was last seen down 0.6% at $164.54, the shares hit a record high of $168.44 earlier after receiving some bullish analyst attention, and just flashed a familiar buy signal. Deere & Co stock was upgraded to "outperform" from "sector perform" at RBC this morning,...Read More
As the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) stare down their first loss of 2018, several stocks are proving to be resilient in the risk-off session. Among them are cancer specialist Epizyme Inc (NASDAQ:EPZM), MoviePass owner Helios and Matheson Analytics Inc (NASDAQ:HMNY), and da Vinci Surgical System parent Intuitive Surgical, Inc. (NASDAQ:ISRG). Here's a quick look at what has shares...Read More
(Corrects seventh graph to show market reaction after auction)* China may slow or halt U.S. bond purchases -report* Ten-year yields highest since March* Treasury sells 10-year notes at highest yield since August By Karen Brettell and Kate DuguidNEW YORK, Jan 10 (Reuters) - U.S. Treasury yields jumped to 10-month highs on Wednesday after Bloomberg News reported that Chinese officials have recommen...Read More
By Devidutta Tripathy and Abhirup RoyMUMBAI, Jan 11 (Reuters) - India's capital market regulator late on Wednesday barred Price Waterhouse from auditing listed companies in the country for two years, after a probe into a nearly decade-old accounting fraud case in a software services company that became India's biggest corporate scandal.Ramalinga Raju, founder and former chairman of the erstwhile s...Read More
Ceres Power Holdings PLC (LON:CWR) shares climbed 4% to 14.95p after the solid oxide fuel cell developer announced that it signed a new joint development agreement with an undisclosed "significant" European-based original equipment manufacturer.Ceres and the new partner will work together to develop prototype multi-kilowatt power systems for several potential applications. It marks the fifth agree...Read More
LONDON, Ontario (Reuters) - Canada is increasingly convinced that U.S. President Donald Trump will soon announce that the United States intends to pull out of the North American Free Trade Agreement, two government sources said on Wednesday.The sources said they expected Trump would make his move at about the same time that negotiators from the United States, Canada and Mexico meet in late January...Read More
LONDON, Ontario (Reuters) - Canada is increasingly convinced that U.S. President Donald Trump will soon announce that the United States intends to pull out of the North American Free Trade Agreement, two government sources said on Wednesday.The sources said they expected Trump would make his move at about the same time that negotiators from the United States, Canada and Mexico meet in late January...Read More
Considering how well copper futures have performed in recent months, it may not be too surprising that long copper positions are at a record high, based on the most recent Commitment of Traders (CoT) report. Meanwhile, data from Schaeffer's Senior Quantitative Analyst Rocky White shows that 95% of the stocks in our Industrial Metals and Mining sector are trading above their 80-day moving average,...Read More
Golden Predator Mining Corp. (TSXV:GPY) (OTCQX:NTGSF)reports the results of 42 Reverse Circulation (RC) drill holes completed in 2017 at the 3 Aces Project in southeastern Yukon.Read full newsRead More
The National Energy Guarantee has the potential to help policy-makers navigate from the quagmire of policy distortion to the mainstream of market selection of fuels and technologies.In particular, the Reliability Guarantee recognises the reality that industrial users (who account for 70 per cent of national electricity consumption) require affordable and reliable sources of baseload power to maint...Read More
Richard LeongNEW YORK (Reuters) - More investors are favoring U.S. bonds that profit from a pickup in inflation as the global economy gathers momentum with oil and other basic commodity prices recently hitting multi-year highs.As a result, market forces in key economies and efforts by their policymakers might finally be aligning to lift inflation to 2 percent, a level the Federal Reserve and its c...Read More
(Adds share move, analysts comment)By Rachit VatsJan 10 (Reuters) - U.S. airline stocks rose after American Airlines Group Inc on Wednesday became the second major airline this week to forecast higher unit revenue for the fourth quarter.Analysts said forecasts for the key performance metric from American Airlines, the No.1 U.S. airline, and smaller rival United Airlines confirm fares are trending...Read More
Editor's Note:View Kitco News' full 2018 outlook coverage(Kitco News)- Known as a fan favorite, the Expert Series brings togetherwell-known investors and Kitco regulars to find out where they will be puttingtheir money in 2018.Addinga twist this year's feature, we have asked popular mining sectoranalysts for their thoughts on the mining sector and what companies they likein the new year.This time,...Read More
Editor's Note:View Kitco News' full 2018 outlook coverage(Kitco News) - Known as a fan favorite, the Expert Series brings together well-known investors and Kitco regulars to find out where they will be putting their money in 2018.Adding a twist this year's feature, we have asked popular mining sector analysts for their thoughts on the mining sector and what companies they like in the new year. Thi...Read More
MEXICO CITY, Jan 10 (Reuters) - Mexico's currency weakened against the dollar on Wednesday and stocks extended losses after a Reuters report said Canada increasingly believes that U.S. President Donald Trump will soon announce his intention to withdraw from the NAFTA trade treaty.Two government sources told Reuters they expected Trump to make his move at about the same time that negotiators from t...Read More
MILAN/LONDON/NEW YORK, Jan 10 (Reuters) - Food giant Nestle plans to pick a buyer for its U.S. chocolate business by the end of this week, three sources close to the matter said on Wednesday, in a deal expected to top $2.5 billion.Italy's Ferrero is seen as a front-runner, according to several other sources, who said that the maker of the Nutella spread was keen to boost its presence in the U.S. m...Read More
By Trevor HunnicuttNEW YORK, Jan 10 (Reuters) - Investors are slimming down equity stakes bloated by a nearly decade-long bull market, withdrawing $22 billion from U.S. domestic stock funds in a single week, Investment Company Institute (ICI) data showed on Wednesday.The withdrawal, during the holiday-shortened week ended Jan. 3, marked the largest weekly retreat from the U.S.-based domestic stock...Read More