Stock Articles

Italy's 5-Star seeks 'clarification' with League over tax amnesty row

Thursday October 18, 2018 14:46 / Kitco News

FIGLINE VALDARNO, Italy (Reuters) - The head of Italy’s anti-establishment 5-Star Movement Luigi Di Maio said on Thursday that a dispute with the League over a tax amnesty needed to be sorted out because it was upsetting financial markets.“We need a political clarification,” Di Maio told reporters in Tuscany after the two ruling parties had their first major clash over the amnest...Read More

Dollar gains on euro as European Commission criticizes Italian budget

Oct 18 2018 2:46PM / Reuters

NEW YORK (Reuters) - The U.S. dollar rose to one-week highs against the euro on Thursday after the European Commission said Italy’s 2019 budget draft is in serious breach of EU budget rules.The step prepares the ground for what would be an unprecedented rejection of a member state’s fiscal plan.The euro EUR= tumbled to $1.455, its lowest against the greenback since Oct. 9, on the new...Read More

Pharma Stock Drops 20%; Apple Volatility Expectations Spike

Oct 18, 2018 2:38 PM / Josh Selway

AAPL shares are down with the broader marketStocks are selling off today on fears of rising interest rates and Chinese markets. Three names in particular worth monitoring are iPhone creator Apple Inc. (NASDAQ:AAPL), freight concern Canadian National Railway (NYSE:CNI), and drugmaker Apellis Pharmaceuticals Inc (NASDAQ:APLS). Keep reading to see what's moving shares of AAPL, CNI, and APLS. AAPL Low...Read More

China's Zijin sees 2018 gold output at about 37 tonnes

Thu Oct 18 14:33:47 2018 / Staff reporter

, Oct 18 (Reuters) -Read full newsRead More

Key Claims Tossed In ?24M Gold Mine Insurance Dispute

Thu Oct 18 14:33:45 2018 / Staff reporter

A London judge on Wednesday narrowed the scope of a ?24 million ($32 million) insurance dispute over damage to a power plant at an enormous African gold mine, striking out two of the case's central claims.Read full newsRead More

The State Of Gold-Mining Stocks

Thu Oct 18 14:33:44 2018 / Staff reporter

Stocks Analysis by Sunshine Profits (Przemyslaw Radomski, CFA) covering: . Read Sunshine Profits (Przemyslaw Radomski, CFA)'s latest article on Investing.comRead full newsRead More

Asanko Gold Announces q3 2018 Production Results for the Asanko Gold Mine

Thu Oct 18 14:33:42 2018 / Staff reporter

VANCOUVER, British Columbia, Oct.17, 2018(GLOBE NEWSWIRE) -- Asanko Gold Inc. ("Asanko" or the "Company") (TSX, NYSE American: AKG) announces production...Read full newsRead More

Slide at Gold Quarry suspends operations

Thu Oct 18 14:33:42 2018 / Staff reporter

CARLIN - A slide at the Gold Quarry open pit mine led Newmont Mining Corp. to suspend operations at the site earlier this month.Read full newsRead More

Gold ends higher amid decline in U.S. equities, defying dollar's rise

Oct 18, 2018 2:30 p.m. / Myra P. Saefong and Rachel Koning Beals

Gold futures ended higher Thursday with a decline in the U.S. stock market boosting investment interest despite strength in the dollar, which tends to put some pressure on dollar-denominated prices for the metal. On Wednesday, gold had settled lower and extended its decline in after-hours electronic trading as a benchmark U.S. dollar index climbed to fresh session highs shortly after the release o...Read More

Building pressure. #yuan

Thu Oct 18 14:28:47 2018 / Staff reporter

"Nomura:Read full newsRead More

Searchlight Resources Completes Saskatchewan Sampling Program

Thu Oct 18 14:28:39 2018 / Staff reporter

Searchlight Resources Inc. (TSXV:SRCH) (Read full newsRead More

De Beers eyes tech markets for synthetic diamonds future

Oct. 18, 2018, 2:23 PM / Reuters

TORONTO/LONDON, Oct 18 (Reuters) - Anglo American unit De Beers is going after lucrative, but elusive high-tech markets in quantum computing, as it aims to expand its lab-grown diamond business beyond drilling and cutting.Element Six, De Beers' synthetic diamond arm, is building a $94 million factory in Portland, Oregon, an expansion that comes as scientists from Moscow to London push to develop d...Read More

IRA/401K Investment Guide: 2018 Stock Market Crash

Oct 18, 2018 2:20 PM / Gold Gate Capital Sponsored

Use gold to protect any IRA, 401(k), or retirement account from a looming financial crisis.Every American needs to learn how to protect and secure their retirement against the worst stock market crash in history, and this IRA/401KInvestment Guide 2018 is one way the average American can help protect their investments in the event of a crisis.Jim Rickards is the nation's most vocal and intelligen...Read More

RT @GianniKov: Alternate Title: "I lose no sleep wondering about future demand for copper."

Thu Oct 18 14:16:38 2018 / Gianni Kovacevic

"Electrification will climb from 19% to 50%-60% of energy use, and copper will be theRead full newsRead More

Alrosa test non-dollar deals to sidestep any US sanctions

Oct. 18, 2018, 2:15 PM / Reuters

MOSCOW, Oct 18 (Reuters) - Several major Russian companies are exploring ways to do deals abroad without using dollars, spurred on by a U.S. threat to broaden sanctions that have impeded access of some Russian firms to the international banking system.The Kremlin has been pushing companies to conduct more deals using other currencies to reduce reliance on the dollar.Russian Alrosa, the world's big...Read More

Citron: This Biotech Stock Will Fall 86%

Oct 18, 2018 2:14 PM / Andrea Kramer

The notorious short seller says the FDA has proven a 'stock scheme'The shares of PolarityTE Inc (NASDAQ:PTE) are getting slaughtered today, after Citron Research issued its "most damaging report to date." Specifically, the notorious short seller said the Food and Drug Administration (FDA) has proven a "stock scheme," and claims the company's "groundbreaking technology" is "controlled [by] a nefari...Read More

U.S. mortgage industry faces job losses as refinancing dries up

Thursday October 18, 2018 14:13 / Kitco News

NEW YORK (Reuters) - With mortgage applications falling to their lowest since late-2014, the U.S. home lending industry is facing a major overhaul in how it works and manages staffing levels.Call-center employees who handle customer refinance requests are the most vulnerable as rates have started to climb, analysts said.Those applications have fallen to their lowest level since late 2000, accordin...Read More

Wall Street slides on weak earnings, hawkish Fed, Saudi concerns

Oct 18 2018 2:13PM / Reuters

(Reuters) - U.S. stocks sank more than 1 percent on Thursday as weak industrial earnings raised worries about rising expenses and the impact of tariffs, adding to concerns over higher borrowing costs after hawkish commentary in the Federal Reserve’s minutes.The markets hit session lows after U.S. Treasury Secretary Steven Mnuchin pulled out of a conference in Saudi Arabia, as the Trump admin...Read More

Too early to know cost of Brexit transition extension: minister

Thursday October 18, 2018 13:54 / Kitco News

LONDON (Reuters) - Britain’s Cabinet Office Minister David Lidington said it was too early to estimate the cost of extending a Brexit transition period after the government indicated it would consider asking for one to break a deadlock in talks with the EU.Lidington rejected claims that an extension would cost Britain more than 10 billion pounds ($13.10 billion) in payments to the European U...Read More

U.S. Senator Warren urges Fed to require removal of Wells Fargo CEO

Thursday October 18, 2018 13:54 / Kitco News

WASHINGTON (Reuters) - U.S. Senator Elizabeth Warren said on Thursday the Federal Reserve should not allow Wells Fargo & Co (WFC.N) to grow in size until the bank replaces Chief Executive Officer Tim Sloan.In a letter to Fed Chairman Jerome Powell, Warren said Sloan, a 30-year veteran of Wells, is “deeply implicated” in prior bank misconduct, and it is untenable for him to remain a...Read More

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