If you thought there was big potential for marijuana stocks last year, you haven't seen anything yet.Because 2018 is the year the marijuana megatrend is born!Previously, early investors in this industry speculated on no-name stocks and thinly-traded companies on little more than rumor. And while a well-timed trade could make you money, there were mammoth risks in marijuana stocks that meant plent...Read More

Vancouver, BC - Peekaboo Beans Inc (TSX-V:BEAN) (the "Company" or "Peekaboo Beans"), announces that it has closed a private placement for current indebtedness of the Company owed to one subscriber for a convertible unsecured promissory note (the "Note"), subject to the approval of the TSX Venture Exchange. The Note has an outstanding principal amount of $184,722.17, accrues interest at a rate of...Read More

(Bloomberg) - Samsung C&T Corp., an affiliate of the world's biggest smartphone maker, is in talks for a multi-year deal to buy cobalt from a Congolese miner, joining Apple Inc. in the global rush to secure supplies of the metal at the heart of the electric-car boom.Samsung C&T has approached Somika SPRL to buy cobalt produced at its Kisanfu mine in the Democratic Republic of Congo after only buy...Read More

LONDON (Reuters) - Starting in 2020, banks won’t be allowed to use two interest rate benchmarks that have been discredited by allegations of fraud, a top European Union regulator said, putting pressure on the financial sector to find alternatives fast.The Euro Interbank Offered Rate (Euribor) and Euro Overnight Index Average (Eonia) are used to calibrate monetary policy, price 180 trillion e...Read More

WASHINGTON (Reuters) - CIA Director Mike Pompeo, if confirmed as the next secretary of state, would bring a number of assets to his new role as the top U.S. diplomat: the confidence of President Donald Trump, government experience and an insider’s knowledge of Congress and the federal bureaucracy.Trump on Tuesday said he had selected Pompeo, a 54-year-old conservative Republican who has serv...Read More

Medical services and software company Flying Brands Limited (LON:FBDU) has pulled the trigger on its proposed acquisition of Imaging Biometrics.Nick Stevens, chief executive of StoneChecker, which is part of the Flying Brands group, tells Proactive's Andrew Scott the deal's a 'game-changer' for them.''It's amazing, the result of a lot of hard work ... it's a tactical move but it's very much a stra...Read More

(Kitco News)- The GDX had another intra-day reversal to theupside Monday as the US dollar dipped back below 90 on the Cash Settle Index andgold held above $1320. Based on the trading action since the GDX had itssecond upside reversal after trading below critical support at $21, I believethe odds of a final flush before we break out of this 20 month consolidationare dwindling, so I will be placing...Read More

Drug stocks Bellicum Pharmaceuticals (NASDAQ:BLCM) and Sarepta Therapeutics Inc (NASDAQ:SRPT) are both trending higher this morning. Bellicum reported some encouraging interim drug data, while Sarepta was the subject of another bullish brokerage note. What's more, a short squeeze could add fuel to the fire for both BLCM and SRPT stocks.Positive Cancer Drug Data Boosts Bellicum StockBellicum st...Read More

The Nasdaq Composite (IXIC) just wrapped up a seven-day winning streak, marking its longest since October. What's more, during this latest win streak, the Nasdaq has already gained 5.7% -- the first time it's generated a gain of more than 5% in seven consecutive up days since February 2014. However, if recent history is any indicator, the tech-rich index could be due to cool off soon.There were fi...Read More

WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday said he was considering conservative commentator Larry Kudlow“very strongly” to become his next top economic adviser.“We don’t agree on everything, but in this case, I think that’s good. I want to have a divergent opinion,” said Trump, noting he was also speaking with other candidates.“I think L...Read More

Credit Suisse weighed in bullishly on athletic apparel stocks Nike Inc (NYSE:NKE) and Lululemon Athletica inc. (NASDAQ:LULU) after yesterday's close. The brokerage firm began coverage on NKE shares with an "outperform" designation and $78 price target, well above the security's Feb. 27 record high of $70.25. At last check, the blue chip was trading up 0.6% at $67.24, which is good news for a recen...Read More

Shares of retailer Dick's Sporting Goods Inc (NYSE:DKS) are falling after the company earlier reported fourth-quarter earnings that slightly topped estimates, though same-store sales and revenue that fell short. The company also stated that in order "to more closely align with industry practices," it will no longer offer quarterly outlooks.Overall, Dick'sstock has had a disappointing year, droppin...Read More

LONDON (Reuters) - Britain gave President Vladimir Putin until midnight on Tuesday to explain how a nerve agent developed by the Soviet Union was used to strike down a former Russian double agent who passed secrets to British intelligence.Sergei Skripal, 66, and his daughter Yulia, 33, have been in hospital in a critical condition since March 4 when they were found unconscious on a bench outside a...Read More

NEW DELHI (Reuters) - India’s ambition to become a major steel exporter could be disrupted by U.S. import curbs, Steel Minister Chaudhary Birender Singh said, underscoring the need for free trade.“Our exports have increased substantially, about 40 percent growth during January to December (2017),” Singh told Reuters in an interview on Tuesday.“What I foresee is that our exp...Read More

It's been an eventful stretch for the stock market lately, with a remarkable nine-year rally in the Dow freshly marred by a rare streak of three straight 1% down days. The choppy price action and ramped-up volatility have rattled many investors right out of equities; etf.com data shows that the benchmark SPDR S&P 500 ETF Trust (NYSEARCA:SPY) registered net outflows in excess of $18 billion during...Read More

Mr. Rob Humphryson reportsNOVO REPORTS FULL EXERCISE OF MARCH 2016 SHARE PURCHASE WARRANTS All of Novo Resources Corp.'s 3,927,884 share purchase warrants issued in a private placement which closed on March 8, 2016 (see the company's news release of March 8, 2016), have been exercised, raising gross proceeds of $3,338,701. Novo's current cash balance stands at approximately $69.5-million."We are d...Read More

Mr. Rob Humphryson reportsNOVO REPORTS FULL EXERCISE OF MARCH 2016 SHARE PURCHASE WARRANTS All of Novo Resources Corp.'s 3,927,884 share purchase warrants issued in a private placement which closed on March 8, 2016 (see the company's news release of March 8, 2016), have been exercised, raising gross proceeds of $3,338,701. Novo's current cash balance stands at approximately $69.5-million."We are d...Read More

(Kitco News)- Tame inflation pressures and further geopolitical uncertainty inWashington have helped breathe some life into an uninspiring gold market,according to some analysts.The gold market jumped into positive territory after the U.S.Labor Department said its U.S. Consumer Price Index rose 0.2% in February, inline with expectations. The precious metal caught another bid after news brokethat P...Read More

Rio Tinto-controlled Turquoise Hill Resources said Tuesday it had received an "information" request from the Mongolian Anti-Corruption Authority (ACA) to provide financial data associated to its giant Oyu Tolgoi copper and gold mine in Mongolia.The petition relates to an investigation about possible abuse of power by authorized officials during negotiation of the 2009 Oyu Tolgoi investment agreeme...Read More

Rio Tinto-controlled Turquoise Hill Resources said Tuesday it had received an "information" request from the Mongolian Anti-Corruption Authority (ACA) to provide financial data associated to its giant Oyu Tolgoi copper and gold mine in Mongolia.The petition relates to an investigation about possible abuse of power by authorized officials during negotiation of the 2009 Oyu Tolgoi investment agreeme...Read More