Jan 22 (Reuters) - * Wynn Resorts Ltdposted quarterly adjusted earnings of $1.40 per share. The mean expectation of 15 analysts for the quarter ended December 31 was for earnings of $1.37 per share. * Revenue rose 29.89 percent to $1.69 billion from a year ago; analysts expected $1.57 billion. * Wynn Resorts Ltd's Reported EPS for the quarter was $4.77. * The mean earnings estimate of analysts had...Read More
BRUSSELS, Jan 22 (Reuters) - Euro zone finance ministers welcomed strong Greek progress in delivering reforms agreed with lenders, but agreed on Monday to wait with the next disbursement of loans for all of the agreed actions to be completed, they said in a statement.To pay out new loans, international lenders have asked Greece first to adopt 110 "prior actions". To meet that condition,...Read More
Jan 23 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 5,991.90 -13.90NZX 50**8,335.36 45.4DJIA26,146.6274.90 NIKKEI**23,816.338.27Nasdaq7,387.24 50.86 FTSE**7,715.44 -15.35S&P 500 2,824.52 14.22 Hang Seng** 32,393.41138.52SPI 200 Fut 5,965.027.0STI** 3,569.43 19.07SSEC**3,501.36 13.50 KOSPI** 2,502.11 -18.15--------------------------------------------------------------...Read More
XAU/USD trades in a tight $5 range on Monday. DXY finds support near 90.20 handle. After finishing the previous week with a loss of more than $10, the XAU/USD pair started the week with a small bullish gap but failed to extend its gains. As of writing, the pair was trading near $1331, virtually unchanged on the day. Despite today's fluctuations, the pair is moving in a relatively tight tradi...Read More
(Kitco News) - Gold and silver prices were ending the U.S. day session slightly lower Monday. Somechart consolidation and mild profit taking from the shorter-term futurestraders were featured amid a lack of major, markets-moving news to start thetrading week. February Comex gold was last down $0.70 an ounce at $1,332.50.March Comex silver was last down $0.026 at $17.01 an ounce.Whilethe U.S. gover...Read More
Xerox Corp (NYSE:XRX) is trading up, after Carl Icahn demanded the $8 billion printing company put itself up for sale. The activist investor, along with fellow XRX stakeholder Darwin Deason, encouraged Xerox to explore strategic options, said they will elect four new board members, and requested the resignation of CEO Jeff Jacobson. This follows last week's letter, where the two -- who collectivel...Read More
WASHINGTON (Reuters) - U.S. lawmakers struck a deal to reopen the federal government three days into a shutdown prompted by an impasse over immigration and border security, the Senate Democratic leader said on Monday."We will vote today to reopen the government," Minority Leader Chuck Schumer told the Senate.Democrats had insisted that any short-term spending legislation to keep the gove...Read More
* Biotechs Bioverativ, Juno jump after big deals* Validus gains after AIG agrees to buy reinsurer* Senate to vote at noon on extending government funding* Indexes up: Dow 0.26 pct, S&P 0.44 pct, Nasdaq 0.68 pct (Updates to early afternoon)By Sruthi ShankarJan 22 (Reuters) - Wall Street's main indexes were at session highs in afternoon trading on Monday after U.S. senators reached a deal to end...Read More
The gold price remains stable today after sizeable gains last Friday due to the government shutdown in the US but the volatility is expected to pick up later today in the American session when the senate votes on a measure to end the government closure. The Senate will hold the vote to reopen the government by providing 3 weeks of funding and its far from clear whether the republicans will have th...Read More
NEW YORK, Jan 22 (Reuters) - The dollar pared losses against a basket of currencies on Monday, after news that Republican leaders in the U.S. Senate had rounded up enough votes to move a stopgap funding bill that would end a government shutdown.The U.S. government shutdown took effect at midnight on Friday after Democrats and Republicans failed to agree on a last-minute deal to fund government ope...Read More
The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) both jumped to record highs today, despite uncertainty surrounding the government shutdown. While Senate Majority Leader Mitch McConnell has scheduled a vote this afternoon, the latest reports suggest there's no guarantee Democrats and Republicans will strike a deal. Investors are also digesting big healthcare M&A news and looking ahead to the la...Read More
* GRAPHIC-2018 asset returns: * LME/ShFE arb: (Updates with closing prices)By Jan HarveyLONDON, Jan 22 (Reuters) - Copper rose on Monday, leading broad gains across base metals as optimism over the outlook for global growth and supply concerns helped prices recover some of the previous session's losses. After a half-percent drop on Friday, copper prices bounced back nearly 1 percent, while tin cli...Read More
(Kitco News)- Investor interest in silver could be the missing ingredient needed to push gold prices through its recent four-month highs, according to one commodity analyst.Andrew Hecht, the creator of the Hecht Commodity Report, said, in a commentary on Seeking Alpha, that silver's lackluster performance, compared to gold could be one reason why gold is struggling to break above last year's highs...Read More
The Mining Association of Nova Scotia started a public dialogue about the provincial government's Parks and Protected Areas Plan in these pages in the fall. Since then, we have issued a series of news releases, maps, videos and pictures which substantiate that the process for choosing protected areas was not perfect and has created two significant issues. (Visit tmans.ca to see the materials.)...Read More
* Investors appear unruffled by U.S. government shutdown* World shares up slightly; U.S. Senate to vote on funding* U.S. Treasury yields near 3-1/2-year high* Dollar slips vs euro; oil rises By David RandallNEW YORK, Jan 22 (Reuters) - World stocks and U.S. bond markets largely shrugged off a government shutdown in Washington on Monday, although the dollar pulled back and wallowed near three-year...Read More
Mr. Paul Reynolds reportsTRIUMPH GOLD REPORTS DISCOVERY OF TWO NEW GOLD SHOWINGS ON 100% OWNED ANDALUSITE PEAK PROPERTY, BRITISH COLUMBIATriumph Gold Corp. has provided the results of prospecting and geological mapping on the Andalusite Peak property.Highlights of exploration include:Discovery of two new gold-silver-copper occurrences, the Julep and the Gentleman vein (see attached table). The Jul...Read More
* Japan, Europe central bank meetings in focus this week* U.S. government shutdown worries weigh on dollar (Updates prices and market activity to U.S. market open, changes dateline; previous LONDON)By Saqib Iqbal AhmedNEW YORK, Jan 22 (Reuters) - The euro edged higher against the U.S. dollar on Monday, as market participants awaited the outcome of the European Central Bank's meeting on Thursday fo...Read More
Mr. Eric Fier reportsSILVERCREST SUMMARIZES SUCCESSFUL 2017 AND PROVIDES OUTLOOK FOR 2018Silvercrest Metals Inc. has provideda summary of its 2017 results and 2018 outlook for its Las Chispas property located in Sonora, Mexico. N. Eric Fier, CPG, PEng, chief executive officer of Silvercrest, remarked: "Two thousand seventeen was a very successful year for Silvercrest with multiple high-grade disco...Read More
(Adds details on stocks and sectors throughout; updates prices)TORONTO, Jan 22 (Reuters) - Canada's main stock index fell on Monday as losses for the industrial and materials groups offset gains for financial shares.* At 10:56 a.m. EST (15:56 GMT), the Toronto Stock Exchange's S&P/TSX composite index fell 29.06 points, or 0.18 percent, to 16,324.4.* The industrials group declined 1.1 percent...Read More
Mr. George Smith reportsCALIBRE MINING RC DRILLING PROGRAM ON THE 100% OWNED PRIMAVERA GOLD-COPPER PORPHYRY DEPOSIT INTERSECTS WIDESPREAD GOLD-COPPER MINERALIZATION, NICARAGUACalibre Mining Corp. has released results of its 2017 reverse circulation drilling program on its 100-per-cent-owned Primavera gold-copper porphyry project in Nicaragua.Highlights: The 2017 RC drilling program consisted of 1...Read More