(Reuters) - Shares of Facebook Inc fell 3 percent in premarket trading on Thursday as an apology from Chief Executive Mark Zuckerberg did little to quell Wall Street nerves about how much a row over user data privacy will cost the company.Zuckerberg on Wednesday promised tougher steps to restrict developers’ access to user information, his first response to allegations that London-based poli...Read More

The language is beneficial to the Omidria maker and 'almost no other drug companies'The shares of eye drug maker Omeros Corporation (NASDAQ:OMER) are skyrocketing this morning, thanks to the latest spending bill from Congress. Specific language in the package's Medicare reimbursement policy is beneficial to Omeros and "almost no other drug companies," according to STAT News (subscription required)...Read More

Pandora stock is still heavily shortedPandora Media Inc (NYSE:P) stock is soaring today, up 6.3% at $5.21,after Raymond James upgraded the music streaming concern to a "strong buy" from "market perform," while also setting an $8 price target. This comes after the company announced the purchase of ad tech startup AdsWizz yesterday.The Raymond James analyst in coverage likes how Pandora is followin...Read More

Mr. Anthony Makuch reportsKIRKLAND LAKE GOLD DECLARES QUARTERLY DIVIDEND PAYMENT Kirkland Lake Gold Ltd. has declared a quarterly dividend payment of two cents per common share, payable on April 13, 2018, to shareholders of record as of the close of business on March 29, 2018. The payment represents the fourth quarterly dividend payment made to shareholders following the company's adoption of a di...Read More

Mr. Anthony Makuch reportsKIRKLAND LAKE GOLD DECLARES QUARTERLY DIVIDEND PAYMENT Kirkland Lake Gold Ltd. has declared a quarterly dividend payment of two cents per common share, payable on April 13, 2018, to shareholders of record as of the close of business on March 29, 2018. The payment represents the fourth quarterly dividend payment made to shareholders following the company's adoption of a di...Read More

LONDON, March 22 (Reuters) - Four high-profile British lawmakers have called for Rupert Murdoch’s Twenty-First Century Fox to be blocked from buying Sky, saying the mogul will be able to influence its news output despite promises to the contrary.Murdoch is locked in a battle with U.S. cable giant Comcast Corp to buy Europe’s biggest pay-TV group, with the Australian-born tycoon hampere...Read More

Luxury vehicle maker BMW won't be signing any supply contracts for lithium and cobalt at least until 2020, when mass-producing electric vehicles (EVs) proves to be profitable, chief executive Harald Krueger said.The German company, which unveiled its first battery electric car in 2013, and is said to be ready to unveil a new wave of EVs later this year, told analysts in Munich it will wait until t...Read More

(Kitco News)- The gold market is holding on to recent gains, ignoring mixed sentiment in the U.S.manufacturing and service sector.Thursday, research firm IHS Markit said its flash U.S.manufacturing Purchasing Managers Index for March increased to a reading of55.7, up from February's reading of 55.3. Economists were expecting to see onlya modest change with consensus forecasts calling for 55.4.The...Read More

WASHINGTON (Reuters) - The Unites States is expected to sue China at the World Trade Organization over alleged trade law violations as part of its planned trade announcement later on Thursday, the Wall Street Journal reported, citing a person with knowledge of the plans.Planned U.S. tariffs on China could also hit $50 billion of Chinese imports, the Journal said, citing the individual.Reporting by...Read More

Commoditiesare “still the best hedge against rising inflation risks,” says Goldman Sachs.In a research note, analyst point out that whereas inflation risks had beensubdued during the recovery from the financial crisis, market participants areincreasingly starting to worry about “overheating” due to economic growth andincreasing labor-market tightness. “In summary, whi...Read More

Commodities are “still the best hedge against rising inflation risks,” says Goldman Sachs. In a research note, analyst point out that whereas inflation risks had been subdued during the recovery from the financial crisis, market participants are increasingly starting to worry about “overheating” due to economic growth and increasing labor-market tightness. “In summary...Read More

The PBOC once again raised the 7-Day repo rate from 2.50% to 2.55%, continuing the tradition of raising reverse repo rates in response to Fed rate hikes.Read full newsRead More

It's official - barring a weather delay - the China trade war will commence tomorrow at 1230pm ET when President Trump will sign an executive order unleashing $50 billion worth of tariffs over IP violations.Read full newsRead More

WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits unexpectedly rose last week, but the increase was marginal, suggesting strong job growth in March that should underpin consumer spending.Initial claims for state unemployment benefits increased 3,000 to a seasonally adjusted 229,000 for the week ended March 17, the Labor Department said on Thursday. Data for the prior...Read More

President Trump is expected to announce tariffs specifically targeting China todayU.S. stocks are set to continue their slide from yesterday, with Dow Jones Industrial Average (DJI) futures signaling a triple-digit drop. Wall Street is awaiting the White House's plan for tariffs on China, which will be announced later in the session. This comes just a day after trade concerns erased stocks' brief...Read More

Eldorado GoldCorp. reports a fourth-quarter net loss of $20.7 million, or 3 cents per share,which was narrower than a loss of $32.5 million, or a nickel, in a year-agoperiod. The adjusted loss came in at $0.4 million, compared to fourth-quarter2016 adjusted earnings of $2.9 million, the company says. “The main factorsthat impacted adjusted earnings for the fourth quarter year-over-year werel...Read More

(Kitco News) - Kitco aficionados, it isnow time to have your say in where you think gold prices are heading in theshort-term.Will gold prices go higher, lower or remain unchanged nextweek? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12PM EDT) along with the results fromour market professional survey.Readers can also se...Read More

(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our market professional survey.Readers can al...Read More

LONDON (Reuters) - Oil prices surrendered early gains on Thursday as investors booked profits after this week’s rally, but losses were limited by the ongoing efforts of OPEC and its allies to curb supplies.Brent crude futures LCOc1 were down 35 cents at $69.12 a barrel by 1048 GMT after rising to $69.70, which was close to the highest level since the start of February. U.S. West Texas Interm...Read More

BERLIN (Reuters) - German business confidence deteriorated for a second straight month in March, dropping to its lowest level in nearly a year, as managers in Europe’s largest economy became more concerned about the rising threat of protectionism.The Munich-based Ifo economic institute said on Thursday that its business climate index, based on a monthly survey of some 7,000 companies, fell t...Read More