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Italy says it has not committed to take back migrants who moved to Germany

June 29, 2018 / www.kitco.com

BRUSSELS (Reuters) - Italy’s Prime Minister said a migration deal reached in the early hours of Friday by European Union leaders did not foresee that Italy will take back migrants who moved to Germany, in a remark that may not please Germany’s Chancellor Angela Merkel.“The accord does not foresee that Italy takes migrants from Germany,” Giuseppe Conte told a news conference...Read More

RT @ElectrekCo: Tesla Model 3's production ramp is creating 'occasional battery cell shortages', says Panasonic

June 29, 2018 / wp.me

Panasonic, Tesla's sole battery cell partner for its electric vehicles, was never seen as a bottleneck in the ramp up of Model 3 production, but the Japanese electronics giant has now admitte...Read full newsRead More

Deutsche Bank investors unshaken by U.S. stress test failure

June 29, 2018 / www.kitco.com

FRANKFURT (Reuters) - Deutsche Bank investors took a largely long view on its failure in this year’s U.S. stress tests, with its shares recovering on Friday from a record low hit earlier this week.Goldman Sachs analysts said the U.S. Federal Reserve’s issues with Deutsche Bank were “long standing” and “not new”, while UBS said the failure was “not a total...Read More

'Too Early To Write Obituary For Gold' - TDS

June 29, 2018 / www.kitco.com

(Kitco News)- TD Securities says gold may suffer more in the near term,but the Canadian bank looks for the precious metal to eventually recover as theU.S. dollar loses momentum and investors look for a hedge amid geopolitical andtrade issues.In fact, the late-Thursday report from TDS strategists BartMelek, Ryan McKay and Daniel Ghali forecast that gold will average $1,375 anounce in the final thre...Read More

'Too Early To Write Obituary For Gold' - TDS

June 29, 2018 / www.kitco.com

(Kitco News) - TD Securities says gold may suffer more in the near term, but the Canadian bank looks for the precious metal to eventually recover as the U.S. dollar loses momentum and investors look for a hedge amid geopolitical and trade issues. In fact, the late-Thursday report from TDS strategists Bart Melek, Ryan McKay and Daniel Ghali forecast that gold will average $1,375 an ounce in the fin...Read More

How Options Traders Doubled Their Money On This Big Bank Bet

June 29, 2018 / www.schaeffersresearch.com

Options were attractively priced at the time of the recommendationSubscribers to Schaeffer's Weekly Options Trader more than doubled their money with the JPMorgan Chase & Co. (NYSE:JPM) weekly 6/29 110-strike put we recently recommended. We're going to take a look back to see why we expected the bank stock to struggle, and how the options trade unfolded.At the time of our recommendation on June...Read More

U.S. core PCE price index hits 2 percent; spending slows

June 29, 2018 / www.kitco.com

WASHINGTON (Reuters) - U.S. consumer prices accelerated in the year to May, with a measure of underlying inflation hitting the Federal Reserve's 2 percent target for the first time in six years.The rise in price pressures reported by the Commerce Department on Friday will probably not shift the Fed from its stated path of gradual interest rate increases as policymakers have indicated they would no...Read More

Drug Stock In Focus After FDA Resubmission

June 29, 2018 / www.schaeffersresearch.com

The company made the announcement this morningShares of Ocular Therapeutix Inc (NASDAQ:OCUL) are down 2.2% at $7.09 in early trading, after the company announced its New Drug Application (NDA) resubmission for its eye pain drug DEXTENZA, to the Food and Drug Administration (FDA). The company's President and CEO Antony Mattessich said it has made "substantial improvements" in the manufacturing of...Read More

Analysts Pile On Walgreens Stock, Adding to Dreadful Week

June 29, 2018 / www.schaeffersresearch.com

WBA options have been very popular Walgreens Boots Alliance Inc (NASDAQ:WBA) shares have been getting hammered, shedding nearly 10% in yesterday's session alone after Amazon scooped up online pharmacy PillPack for a reported $1 billion in cash. WBA stock touched a more than three-year low of $59.07 before closing at $59.70, bringing its year-to-date deficit to 17.8% -- even though Walgreens CEO St...Read More

China's ZTE shakes up board in bid for U.S. ban lift

June 29, 2018 / www.kitco.com

SHENZHEN, China/HONG KONG (Reuters) - Chinese telecoms giant ZTE Corp announced a new board on Friday in a radical management shakeup as part of a $1.4 billion deal with the United States, moving it closer toward getting a devastating American supplier ban lifted.The United States slapped the crippling seven-year supplier ban on ZTE, China’s No. 2 telecommunications equipment maker, in April...Read More

First Mining Gold : Gold Mining Corp. exploring for gold mine west of Burgeo at Hope Brook

June 29, 2018 / dlvr.it

The management team of a Toronto and Vancouver based mining company, First Mining Gold Corp. believes the Hope Brook mine, located 20 kilometers west of Burgeo, could be the source of a gold boon for... | juin 23,2018Read full newsRead More

Acadia Stock Rallies On Big FDA Approval

June 29, 2018 / www.schaeffersresearch.com

Today's upside gap is running out of steam near the stock's 50-day moving average ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) stock is up 11.5% to trade at $16.80, after the Food and Drug Administration (FDA) approved new capsule dosing formulation and tablet strength for Nuplazid, the company's treatment for Parkinson's disease. ACAD is now pacing for its best day since Aug. 9. Today's surge runs...Read More

U.S. bond market recession gauge nearer to red signal: Reuters poll

June 29, 2018 / www.kitco.com

BENGALURU (Reuters) - An inversion in U.S. Treasury yields, a solid and reliable predictor of past recessions, is at most two years away and perhaps only a year off, according to bond market experts polled by Reuters who have brought their forecasts nearer.While there is still plenty of optimism around the global economy, there are signs that growth in several economies has already peaked, putting...Read More

Spooked by Trump, Europe's Iranian oil purchases set to plummet

June 29, 2018 / www.kitco.com

LONDON (Reuters) - European refiners are cutting purchases of Iranian oil faster than expected as the U.S. prepares to reimpose sanctions on Iran, threatening a more severe impact than the last round of punitive measures in 2012 even though the EU has not joined in.Washington said that companies would have to wind down their activities with Iran by November 4 or risk exclusion from the U.S. financ...Read More

Lucapa digs up another large diamond, this time in Lesotho

June 29, 2018 / www.mining.com

Australia's Lucapa Diamond (ASX:LOM) has found an 89-carat yellow diamond at its 70%-owned Mothae mine in Lesotho during the current bulk sampling program.The company's managing director, Stephen Wetherall, said the recovery of such a large diamond so early in the bulk sampling program provided further proof that, just like the neighbouring Let??eng mine, Mothae is another source of large diamon...Read More

Lucapa digs up another large diamond, this time in Lesotho

June 29, 2018 / www.mining.com

Australia's Lucapa Diamond (ASX:LOM) has found an 89-carat yellow diamond at its 70%-owned Mothae mine in Lesotho during the current bulk sampling program.The company's managing director, Stephen Wetherall, said the recovery of such a large diamond so early in the bulk sampling program provided further proof that, just like the neighbouring Let??eng mine, Mothae is another source of large diamon...Read More

Yukon Mining Alliance Site Visit Review

June 29, 2018 / www.kitco.com

I have just returned from the annual Yukon Mining Alliance (YMA) Investment & Media Tour with a deeper understanding of the geologic history in the westernmost of Canada's three federal territories. Each year the YMA invites a select group of both industry professionals and resource investors on a 6-day whirlwind tour of numerous mine site camps throughout the region. The schedule and logistic...Read More

Yukon Mining Alliance Site Visit Review

June 29, 2018 / www.kitco.com

I have justreturned from the annual Yukon Mining Alliance (YMA) Investment & Media Tour with a deeper understanding of the geologic historyin the westernmost of Canada's three federal territories. Each year the YMAinvites a select group of both industry professionals and resource investors ona 6-day whirlwind tour of numerous mine site camps throughout the region. Theschedule and logistics of...Read More

Stock Futures Signal Positive Open as Second Quarter Wraps Up

June 29, 2018 / www.schaeffersresearch.com

U.S. stocks are set to follow their global counterparts higherFutures on the Dow Jones Industrial Average (DJI) are signaling a higher open, with bank stocks catching a lift after most big lenders -- including Wells Fargo (WFC) and Citigroup (C) -- passed the second round of the Fed's annual stress tests. Traders are also cheering solid overnight gains in Asia, as well as a strong start to the ses...Read More

First Mining Gold : Gold Mining Corp. exploring for gold mine west of Burgeo at Hope Brook

June 29, 2018 / dlvr.it

The management team of a Toronto and Vancouver based mining company, First Mining Gold Corp. believes the Hope Brook mine, located 20 kilometers west of Burgeo, could be the source of a gold boon for... | juin 23,2018Read full newsRead More

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