Broadcom is giving chip stocks a liftThe Dow Jones Industrial Average (DJI) is higher at midday, as investors continue to cheer encouraging U.S.-China trade updates. Chip stocks are also notably higher, thanks to strong earnings from Broadcom (AVGO), which has the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) well into positive territory. Meanwhile, the Cboe Volatility Index (VIX) -- or the st...Read More
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reported 2018 income of $394.3 million-a 255.4% jump over 2017's $110.9 million-driven by an increase in gold production and sales from its Oyu Tologi copper-gold mine in Mongolia.Gold production surged 150% year-on-year to 285,000 ounces, while copper production of 159,100 tonnes marked a 1.1% increase over 2017. The income jump was driven by an inc...Read More
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reported 2018 income of $394.3 million-a 255.4% jump over 2017's $110.9 million-driven by an increase in gold production and sales from its Oyu Tologi copper-gold mine in Mongolia.Gold production surged 150% year-on-year to 285,000 ounces, while copper production of 159,100 tonnes marked a 1.1% increase over 2017. The income jump was driven by an inc...Read More
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reported 2018 income of $394.3 million-a 255.4% jump over 2017's $110.9 million-driven by an increase in gold production and sales from its Oyu Tologi copper-gold mine in Mongolia.Gold production surged 150% year-on-year to 285,000 ounces, while copper production of 159,100 tonnes marked a 1.1% increase over 2017. The income jump was driven by an inc...Read More
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reported 2018 income of $394.3 million-a 255.4% jump over 2017's $110.9 million-driven by an increase in gold production and sales from its Oyu Tologi copper-gold mine in Mongolia.Gold production surged 150% year-on-year to 285,000 ounces, while copper production of 159,100 tonnes marked a 1.1% increase over 2017. The income jump was driven by an inc...Read More
Silvercrest Metals (TSXV: SIL; NYSE: SILV) has upgraded the resource at its Las Chispas silver-gold property in Sonora, Mexico, to the indicated category for the first time.The project now contains 1 million indicated tonnes grading 6.98 grams per tonne gold and 710.6 grams silver, or 1,234 grams silver equivalent, for 224,900 oz. gold and 22.89 million oz. silver, or 39.8 million oz. silver equi...Read More
Silvercrest Metals (TSXV: SIL; NYSE: SILV) has upgraded the resource at its Las Chispas silver-gold property in Sonora, Mexico, to the indicated category for the first time.The project now contains 1 million indicated tonnes grading 6.98 grams per tonne gold and 710.6 grams silver, or 1,234 grams silver equivalent, for 224,900 oz. gold and 22.89 million oz. silver, or 39.8 million oz. silver equi...Read More
Silvercrest Metals (TSXV: SIL; NYSE: SILV) has upgraded the resource at its Las Chispas silver-gold property in Sonora, Mexico, to the indicated category for the first time.The project now contains 1 million indicated tonnes grading 6.98 grams per tonne gold and 710.6 grams silver, or 1,234 grams silver equivalent, for 224,900 oz. gold and 22.89 million oz. silver, or 39.8 million oz. silver equi...Read More
The FAANG stock has been range-bound since mid-JanuaryOnline powerhouse Amazon.com, Inc. (NASDAQ:AMZN) is up 1% at $1,702.88, after KeyBanc upgraded its coverage to "overweight" and initiated a price target of $2,100 -- a roughly 25% premium to Thursday's close, and in uncharted territory. The brokerage firm applauded "a number of operational moves to improve profitability in core retail," includ...Read More
The FDA just approved Arcadia's Sonova GLA safflower oil in cat foodThe shares of Arcadia Biosciences (NADSAQ:RKDA) are up 17.7% at $8.23 after the agricultural biotech company got approval from the Food and Drug Administration (FDA) to use its Sonova GLA safflower oil in cat food. The oil has been used in nutritional supplements for humans since 2009 and in dog food since last year. The stock is...Read More
A massive late-winter storm bringing heavy snow and high winds to the U.S. heartland is stressing winter wheat, inundating mines and disrupting ranches as calves are born.Blizzard-like conditions in the Dakotas, western Nebraska and Kansas are threatening newborn calves, which will need to be dried, warmed and given shelter, said Matthew Wiegand, a commodity broker at FuturesOne in Lincoln, Nebras...Read More
Take advantage of the first amendment, and participate in a nation-wide poll.With the 2020 election growing ever closer, the country continues to be divided politically.From disputes about the appropriateness of displaying the Confederate flag, to rights for minorities, and the ever-growing concern about security at the U.S. border, the 2020 election promises to be contentious... if not the most c...Read More
A number of analysts have weighed in on ADBE this morningThe shares of Adobe Inc (NASDAQ:ADBE) are struggling today, down 5.2% to trade at $253.78, after the software company's current-quarter forecast came in below analyst estimates. The firm did, however, report fiscal first-quarter earnings and revenue that exceeded expectations, thanks to growth in its digital media business. Analysts have...Read More
GABORONE - Botswana's Debswana Diamond Mining, a joint venture between De Beers and the southern Africa country's government, aims to keep production at around 24 million carats this year, its managing director said on Friday.Debswana lifted diamond output by 6 percent to a four-year high of 24.1 million carats in 2018, buoyed by strong demand from the United States, China and India."I see the yea...Read More
GABORONE - Botswana's Debswana Diamond Mining, a joint venture between De Beers and the southern Africa country's government, aims to keep production at around 24 million carats this year, its managing director said on Friday.Debswana lifted diamond output by 6 percent to a four-year high of 24.1 million carats in 2018, buoyed by strong demand from the United States, China and India."I see the yea...Read More
Runruno mine manager looking at new Nomad and US$44M debt due at the end of MarchRead full newsRead More
The headset maker is headed toward its worst day since January 2018The shares of Turtle Beach Corp (NASDAQ:HEAR) are sinking this morning, after the headset maker said it expects current-quarter adjusted earnings to arrive below the consensus estimate. The company also said it was purchasing high-end computer accessories firm Roccat. This is offsetting fourth-quarter earnings and revenue beats, wi...Read More
RUSTENBURG - South Africa's labour court has rejected a request by the Association of Mineworkers and Construction Union (AMCU) to hold an industry-wide strike covering the platinum and gold sectors, Anglogold Ashanti, Anglo American Platinum and Lonmin said on Friday.AMCU has been on strike at Sibanye-Stillwater's gold operations since mid-November in a pay dispute. It wanted to extend the strike...Read More
RUSTENBURG - South Africa's labour court has rejected a request by the Association of Mineworkers and Construction Union (AMCU) to hold an industry-wide strike covering the platinum and gold sectors, Anglogold Ashanti, Anglo American Platinum and Lonmin said on Friday.AMCU has been on strike at Sibanye-Stillwater's gold operations since mid-November in a pay dispute. It wanted to extend the strike...Read More
New coverage was initiated on AMGN and GILDBrokerage firm BMO just began coverage on Amgen, Inc. (NASDAQ:AMGN) and Gilead Sciences, Inc. (NASDAQ:GILD), expecting major upside from both stocks. Let's take a closer look at the bull notes, along with other notable options data on AMGN and GILD shares. For AMGN, BMO issued an "outperform" rating and $228 price target. This represents all-time-high ter...Read More