AAPL and BB are pacing for their lowest closes in over a yearStocks are struggling the week before Christmas. Three names taking part in the widespread weakness are iPhone maker Apple Inc. (NASDAQ:AAPL), tech name BlackBerry Ltd (NYSE:BB), and e-commerce services provider Shopify Inc (NYSE:SHOP). Let's take a look at the damage shares of AAPL, BB, and SHOP have experienced today. Apple Stock Flir...Read More
Gautam Adani's long quest to build a coal mine in the Australian outback faces another setback, with the Queensland state government refusing to sign off on the company's plans before further studies into the project's environmental impact are complete."Two plans are yet to be approved before any significant disturbance can commence at the Carmichael coal mine," Queensland's Department of Environm...Read More
BMO Capital Markets' metals and mining division faced upheaval this year after losing its two veteran co-heads during an already tough time for the resource industry. Its new leaders aim to prove the investment bank remains as strong as ever in the sector.The Bank of Montreal unit is accelerating lending and adding more bankers, including a sales-and-trading team poached from Bank of Nova Scotia,...Read More
BMO Capital Markets' metals and mining division faced upheaval this year after losing its two veteran co-heads during an already tough time for the resource industry. Its new leaders aim to prove the investment bank remains as strong as ever in the sector.The Bank of Montreal unit is accelerating lending and adding more bankers, including a sales-and-trading team poached from Bank of Nova Scotia,...Read More
BMO Capital Markets' metals and mining division faced upheaval this year after losing its two veteran co-heads during an already tough time for the resource industry. Its new leaders aim to prove the investment bank remains as strong as ever in the sector.The Bank of Montreal unit is accelerating lending and adding more bankers, including a sales-and-trading team poached from Bank of Nova Scotia,...Read More
Effective Immediately Next Green Wave will begin trading on the OTCQB under the ticker symbol NXGWF VANCOUVER, DECEMBER 21, 2018 - Next Green Wave ("NGW" or the "Company") (CSE: NGW)...Read full newsRead More
"NORTHBUD Provides a Corporate Update@northbudco #NBUD $NBUD #CSE #BNN #momentumstocks #Potstocks #CBD #smallcap #cannabis #THC #medicalmarijuanaRead the News Release here: https://t.co/zsJWrG3wPW"Read full newsRead More
Gold futures pulled back from a six-month high Friday, but bullion finished the week higher as a recent downturn in the stock market - underpinned by the Federal Reserve's policy message - helped to drive demand to so-called haven assets. Gold for February delivery on Comex GCG9, -0.69% lost $9.80, or 0.8%, to settle at $1,258.10 an ounce, with the contract marking a weekly increase of about 1.4...Read More
Barrick Gold Corp has laid off more than half of its staff at the company's Toronto head office, while its long serving director Anthony Munk is stepping down, the Globe and Mail reported on Friday.Munk, who is Barrick Gold founder Peter Munk's son, has tendered his resignation, the report said.The laying off of nearly 95 employees comes as the Toronto-based company expects to complete its purchas...Read More
Barrick Gold Corp has laid off more than half of its staff at the company's Toronto head office, while its long serving director Anthony Munk is stepping down, the Globe and Mail reported on Friday.Munk, who is Barrick Gold founder Peter Munk's son, has tendered his resignation, the report said.The laying off of nearly 95 employees comes as the Toronto-based company expects to complete its purchas...Read More
"Tetra Successfully Completes Phase 1 Study With Vaporized Version of PPP001 --#TetraBioPharma $TBP #MedicinalMarijuana #momentumstocks #MedicalMarijuana #Cannabinoid @TetraBioPharma #PainRelief #potstocks #cbd #thc --Read the News Release here: https://t.co/KUcJ7DFjF7"Read full newsRead More
ExGen Resources Inc. (TSXV:EXG; OTC:BXXRF) ("ExGen") announced that, further to its December 5, 2018 news release, it has increased the size of its previously announced non-brokered private placement of units (each a "Unit").Read full newsRead More
NorthIsle Copper and Gold (TSXV:NCX)("Northisle" or the "Company") is pleased to announce the completion of its initial drilling program on its Pemberton Hills Property located on Vancouver Island, in British Columbia. Northisle entered into a farm-out agreement with Freeport-McMoRan Mineral Properties Canada Inc. ("Freeport") earlier this year.Read full newsRead More
Oil prices also fell to annual lows this weekIt's been a brutal December for Wall Street, and this week was no exception. The Dow and S&P 500 are all staring at their worst week s since March, while the Nasdaq is headed toward its biggest weekly loss since January 2016. Plus, all three indexes remain deep in correction territory, and sport month-to-date deficits of 11% or more. The sell-off starte...Read More
Getty ImagesPeople shop at the Macy's flagship store last month in New York City. The numbers: Consumer spending grew faster than incomes in November, leading to an erosion in the savings rate, the Commerce Department said Friday. Consumer spending rose 0.4% in November, in line with the MarketWatch forecast. However, spending in October was revised up to 0.8% from the prior estimate of 0.4%...Read More
Congress has yet to pass a spending bill to avoid a partial government shutdown at midnightThe Dow Jones Industrial Average (DJI) was last seen modestly higher -- getting help from a post-earnings bull gap for Nike (NKE) -- overcoming a brief turn lower as a potential government shutdown looms. Traders are also reacting to a round of lackluster economic data, with the personal consumption expendit...Read More
JOHANNESBURG - A court has found that a strike by a union representing just under half of all workers at Sibanye-Stillwater's South African gold operations is legal, despite the company declaring otherwise last week.South Africa's Association of Mineworkers and Construction Union (AMCU) said on Friday that the court disagreed with Sibanye's reason for judging the strike unprotected, and ordered Si...Read More
JOHANNESBURG - A court has found that a strike by a union representing just under half of all workers at Sibanye-Stillwater's South African gold operations is legal, despite the company declaring otherwise last week.South Africa's Association of Mineworkers and Construction Union (AMCU) said on Friday that the court disagreed with Sibanye's reason for judging the strike unprotected, and ordered Si...Read More
It's easy to prepare your retirement savings for the New Year.It's that time of year again.Yes, the holiday season is filled with shopping and Christmas parties, but we still have to squeeze in a little time for end-of-year portfolio housekeeping. Because let's face it, life isn't exactly going to slow down once we hit the first of the yearIt's particularly important to take a good look at your 40...Read More
The shares are trading near a historically bearish trendlineThe shares of Abercrombie & Fitch Co. (NYSE:ANF) gapped dramatically higher on Nov. 29 in reaction to the retailer's blowout earnings report. The positive momentum quickly cooled as the stock ran into its 80-day moving average. ANF is trading near this trendline once again, suggesting the retail shares could be headed on their next leg lo...Read More