Renforth Resources Inc. (CSE:RFR) ("Renforth" or the "Company") is pleased to share results obtained during our recent surface prospecting program at Parbec, where we met our main objective in the program, locating the historically mapped diorite body and determining it to be a gold bearing magnetic diorite.Read full newsRead More
BRUSSELS (Reuters) - President Donald Trump’s tough stance on Iran, new tariffs on European Union metal imports and U.S. demands for higher defense spending in Europe are part of a strategy to strengthen the West, a senior U.S. official said on Thursday.Wess Mitchell, U.S. Assistant Secretary of State for European and Eurasian Affairs, said that without such actions, U.S. and European diplom...Read More
Justin Meiklem, V.P. of StockhouseIt is late June, and Stockhouse traffic is trending up, suggesting that this will be the 2nd consecutive summer that bucks the usual seasonality trend. Last year we saw a strong summer turn into a record-breaking Q4 -- here are the hottest stocks on site over the ...Read full newsRead More
LUXEMBOURG (Reuters) - The euro zone should accept a higher level of bad loans in banks than the 5 percent suggested by France and Germany to start its common deposit insurance scheme and finish its banking union, IMF head Christine Lagarde said on Thursday.“Everybody agrees that it (the euro zone deposit insurance scheme) is indispensable,” she told a news conference.“The whole...Read More
WASHINGTON (Reuters) - Republicans in the U.S. House of Representatives have decided to delay a vote on one of the immigration bills they had planned to take up on Thursday, NBC News reported.The vote on the so-called compromise Republican plan was pushed back to Friday to allow members additional time to review it, NBC reported.Reporting by Tim Ahmann Disclaimer: The views expressed in this arti...Read More
(Kitco News) - Financialmarkets are about to reach an inflection point reminiscent of 2007, said DavidRosenberg, chief economist and strategist at Gluskin Sheff & AssociatesInc.Atthe Inside ETFs Canada conference in Montreal, Rosenberg said that equitiesmarkets have peaked following a year of rallying across all asset classes.“Thishas not happened in at least five decades,” Rosenbe...Read More
(Kitco News) - Financial markets are about to reach an inflection point reminiscent of 2007, said David Rosenberg, chief economist and strategist at Gluskin Sheff & Associates Inc.At the Inside ETFs Canada conference in Montreal, Rosenberg said that equities markets have peaked following a year of rallying across all asset classes.“This has not happened in at least five decades,” R...Read More
The shares recently pulled back after a Muddy Waters swipeTAL Education Group (NYSE:TAL) has been climbing up the charts over the long term -- with the stock nearly doubling in value on a year-over-year basis. More recently, shares of the Chinese tutoring firm pulled back sharply following accusations of fraud by Muddy Waters. TAL stock is now trading near a trendline that's marked a prime entry p...Read More
WASHINGTON (Reuters) - President Donald Trump, asked on Thursday whether families crossing the U.S. border with Mexico will continue to face prosecution, said the government must maintain a “tough policy” to prevent millions of people from coming in.“We have to have a very tough policy. Otherwise you have millions and millions of people pouring into our country. We can’t ha...Read More
ROME (Reuters) - Italy appeared to relent on Thursday after at first refusing to accept 226 migrants on board a German charity rescue ship, saying later in the day it would take them in but would impound the vessel.Anti-immigrant interior minister Matteo Salvini initially said the Dutch-flagged ship Lifeline should take the people it plucked from the Mediterranean to the Netherlands and not Italy....Read More
Gold prices marked a third straight session decline on Thursday to carve out another low for 2018 as a leading dollar index-lifted in a rising interest-rate environment-tapped its highest level since last summer. August gold US:GCQ8 lost $4, or 0.3%, to settle at $1,270.50 an ounce. Prices finished at their lowest for a most-active contract since Dec. 20, according to FactSet data. Among exchange...Read More
Gold prices marked a third straight session decline on Thursday to carve out another low for 2018 as a leading dollar index-lifted in a rising interest-rate environment-tapped its highest level since last summer. August gold GCQ8, +0.02% lost $4, or 0.3%, to settle at $1,270.50 an ounce. Prices finished at their lowest for a most-active contract since Dec. 20, according to FactSet data. Among exc...Read More
Gold prices marked a third straight session decline on Thursday to carve out another low for 2018 as a leading dollar index-lifted in a rising interest-rate environment-tapped its highest level since last summer. August gold GCQ8, +0.05% lost $4, or 0.3%, to settle at $1,270.50 an ounce. Prices finished at their lowest for a most-active contract since Dec. 20, according to FactSet data. Among exc...Read More
The Supreme Court ruled that states can collect taxes on online salesThe shares of eBay Inc (NASDAQ:EBAY) are in the red this afternoon, after the Supreme Court of the United States (SCOTUS) ruled that states cancollect sales taxes from online retailers without a "physical presence" in the state. As EBAY stock drops with other e-commerce concerns, options traders are betting on even more downside...Read More
The Leading Economic Index rose 0.2 percent in May. The index was expected to rise 0.4 percent. This would be the seventh straight month of gains for the index, which combines 10 economic metrics to check on the U.S. economy. Gillian Brassil| @Gillian_Brassil Published 11 Hours AgoUpdated10 Hours AgoCNBC.com Jin Lee | Bloomberg | Getty ImagesA customer browses women's jewelry at the Macy&...Read More
VIENNA (Reuters) - OPEC edged closer on Thursday towards raising oil output, with Iran softening its opposition to an increase and Saudi Arabia warning of supply shortages and price rallies if production remained stable.A production rise of about 1 million barrels per day (bpd) or around 1 percent of global supply was emerging as a consensus for the group and its allies, OPEC sources told Reuters,...Read More
DBX options were attractively priced at the time of the recommendationSubscribers to Schaeffer's Weekly Volatility Trader almost quadrupled their money with the Dropbox Inc (NASDAQ:DBX) June 30-strike straddle we recently recommended. We're going to take a look back to see why we expected heightened volatility on the software stock, and how the options trade unfolded.A straddle is an ideal opt...Read More
The blue chip could extend its quest for record highs, if past is prologueThe shares of Visa Inc (NYSE:V) are lower today, likely due to broad-market headwinds. However, the credit card concern notched a new record high just yesterday -- and the stock just flashed a bullish options signal, to boot. What's more, Visa stock has historically been the best blue chip to own after a lengthy Dow losing s...Read More
LONDON (Reuters) - Prime Minister Theresa May said on Thursday a report that she had questioned the United Kingdom’s status as a “tier one” military power was incorrect.The Financial Times had said May told Defence Secretary Gavin Williamson that he needed to rethink the capabilities needed to be a modern military force and focus more on Britain’s ability to tackle any cybe...Read More
TORONTO, June 21 (Reuters) - M&G Investment Management, the biggest shareholder in Dalradian Resources Inc, said on Thursday it was supportive of a friendly cash takeover offer for Dalradian from private equity group Orion Mine Finance.The C$1.47 per share offer is fair, Jamie Horvat, director of global equities at M&G, told Reuters. M&G owns 12.8 percent of Dalradian.The transaction also has the...Read More