Recent News

REACT Group plc cleaning up after another contract win for major hospital

March 02, 2018 / www.proactiveinvestors.co.uk

Cleaning up on Friday afternoon was REACT Group plc (LON: REAT) as shares added over 16% in London to 0.525p as  the firm unveiled an additional contract with a major London hospital.Its subsidiary, REACT Specialist Cleaning Ltd (RSCL) inked the deal.The 18 month deal covers both deep cleaning and  RSCL has been appointed as preferred supplier for other ad hoc work and is for a major fac...Read More

Pan African increasing production after reaching new high-grade gold zone

March 02, 2018 / www.proactiveinvestors.co.uk

Cobus Loots, chief executive of Pan African Resources plc (LON:PAF), tells Proactive they've begun to increase production again at the Barberton mine complex in South Africa after reaching a new high-grade gold zone.Barberton, which comprises the Fairview, Sheba and Consort mines, has seen a rise in average grades to 11.5g/t in February from 8.7g/t during July - December.  Meet Scancell Holdi...Read More

Wynn Resorts Stock Targeted for Big Bullish Options Trade

March 02, 2018 / www.schaeffersresearch.com

Shares of Wynn Resorts, Limited (NASDAQ:WYNN) gapped 8.7% higher on Jan. 22, after the casino concern reported earnings. And while the stock has sold off since then after sexual misconduct allegations prompted Steve Wynn to step down as CEO, one options trader today appears to be betting on another positive earnings reaction. Specifically, the May 170 call is WYNN's most active option so far today...Read More

Analysts Are Extremely Bullish On Drug Stocks CNAT and VRNA

March 02, 2018 / www.schaeffersresearch.com

U.S. stocks are dragging again today following President Donald Trump's tariff tweet. As for some of today's most notable movers, drug stocks Zosano Pharma Corp (NASDAQ:ZSAN), Conatus Pharmaceuticals Inc (NASDAQ:CNAT), and Verona Pharma (NASDAQ:VRNA) are three names we're tracking today. Let's take a closer look at what's moving shares of ZSAN, CNAT, and VRNA. Patent News Lifts ZSAN StockZosano s...Read More

Options Market Expects Big Post-Earnings Move for This Solar Stock

March 02, 2018 / www.schaeffersresearch.com

Alternative energy concern JinkoSolar Holding Co., Ltd. (NYSE:JKS) is expected to report fourth-quarter earnings on Monday. Overall, JinkoSolar stock has had underwhelming year on the charts, already shedding 24% in 2018. At last check, shares of the solar concern were trading up 1% at $18.20 -- but running into resistance around their 20-day moving average. In terms of earnings reactions, JinkoS...Read More

Big Vote, Seasonality Could Move This ETF Soon

March 02, 2018 / www.schaeffersresearch.com

On Sunday, March 4, members of Germany's Social Democrats (SPD) will unveil the results of a vote on a "grand coalition" with Chancellor Angela Merkel's more conservative Christian Democrats (CDU). Ahead of the reveal -- and with European stocks in a tizzy on trade war fears -- the iShares MSCI Germany ETF (EWG) is pacing for its lowest close in nearly six months. However, if history is any in...Read More

BUZZ-Concerns big pharma deals will hit research services firms overblown - RBC

March 02, 2018 / www.kitco.com

** Concerns that recent biotech deals will weigh on cos suchas Catalent Inc , Medidata Solutions Inc ,Charles River Laboratories and IQVIA Holdings that provide tech, research services to drugmakers areexaggerated - George Hill, market analyst at RBC Capital** Changes to U.S. tax law have spawned big deals amongbiotechs as large drugmakers snap up promising assets fromsmaller rivals to help revive...Read More

China's staggering demand for commodities

March 02, 2018 / www.mining.com

Story by Jeff DesjardinsCourtesy of: Visual CapitalistChina's staggering demand for commodities>50% of all steel, cement, nickel, and copper goes thereThe Chart of the Week is a weekly Visual Capitalist feature on Fridays.It's said that in China, a new skyscraper is built every five days.China is building often, and they are building higher. In fact, just last year, China completed 77 of the wor...Read More

China's staggering demand for commodities

March 02, 2018 / www.mining.com

Story by Jeff DesjardinsCourtesy of: Visual CapitalistChina's staggering demand for commodities>50% of all steel, cement, nickel, and copper goes thereThe Chart of the Week is a weekly Visual Capitalist feature on Fridays.It's said that in China, a new skyscraper is built every five days.China is building often, and they are building higher. In fact, just last year, China completed 77 of the wor...Read More

U.S. steel stocks volatile on Trump tariff uncertainty

March 02, 2018 / www.kitco.com

By Sin?(C)ad Carew and April JoynerMarch 2 (Reuters) - Shares in big U.S. steel companies andmanufacturers were under pressure on Friday on uncertainty overthe effects of U.S. President Donald Trump's announcement of aplan to impose tariffs on steel and aluminum.Steel stocks were volatile and some erased part of theprevious day's gains, as investors worried threats ofretaliation from overseas trad...Read More

Dentsply Sirona Inc reports results for the quarter ended December 31 - summary

March 02, 2018 / www.kitco.com

March 2 (Reuters) - * Dentsply Sirona Increported quarterly adjusted earnings of 82 cents per share.The mean expectation of 14 analysts for the quarter endedDecember 31 was for earnings of 81 cents per share.* Revenue rose 9.6 percent to $1.09 billion from a year ago;analysts expected $1.06 billion.* Dentsply Sirona Inc's Reported EPS for the quarter was a lossof $2.95.* The mean earnings estimate...Read More

Perrigo Company PLC reports results for the quarter ended December 31 - summary

March 02, 2018 / www.kitco.com

March 2 (Reuters) - * Perrigo Company PLCreported quarterly adjusted earnings of $1.28 per share. The mean expectationof 18 analysts for the quarter ended December 31 was for earnings of $1.25 pershare.* Revenue rose 20.5 percent to $1.28 billion from a year ago; analysts expected$1.25 billion.* Perrigo Company PLC's Reported EPS for the quarter was 52 cents.* The mean earnings estimate of analyst...Read More

Trump sours flagging NAFTA talks with steel trade war threats

March 02, 2018 / www.mining.com

MEXICO CITY, March 2 (Reuters) - U.S. President Donald Trump's threats to unleash a trade war over steel crushed hopes of substantial progress in the latest talks to rework NAFTA, heightening fears for the trade deal's future.Trump said on Thursday that a plan for protectionist tariffs of 25 percent on steel imports and 10 percent on aluminum goods would be announced next week, following up on Twi...Read More

TAKE A LOOK-Outlook for Federal Reserve policy

March 02, 2018 / www.kitco.com

The Federal Reserve digested the Trump administration's massive tax cuts and plan to boostspending with barely a hiccup, but Washington's sudden push for steep tariffs on steel andaluminum imports could saddle the U.S. central bank with the worst of both worlds - risinginflation and a slowing global economy.The combination of fiscal stimulus, which Fed officials viewed as hardly a game-changer for...Read More

Despite Headwinds, Gold Will Bounce Back

March 02, 2018 / seekingalpha.com

Gold still under short-term pressure as stock market weakness weighs.Once panic mentality recedes, however, gold should bottom.Yellow metal stands to benefit from increasing fear factors.After breaking its pivotal short-term support earlier this week, gold and the leading gold ETFs showed additional weakness on Thursday as investors' concerns over President Trump's latest trade policy plans create...Read More

BUZZ-Firearm stocks reload after two-week selloff

March 02, 2018 / www.kitco.com

** Shares of gun makers rebounding for a second day on Fri, evenafter Smith & Wesson-owner American Outdoor Brands gives weak qtrly outlook** AOBC up 1.9 pct, and rival Sturm Ruger & Company jumping 5 pct** Blackrock Inc said it has started asking gunmakers tough questions about use of their firearms in massshootings; Index fund operator BLK is largest shareholder inAOBC and RGR ** Blackro...Read More

Outlook for Fed: Cloudy with chance of trade war

March 02, 2018 / www.kitco.com

* Trump's tariffs announcement poses headache for Fed* Markets still betting on U.S. interest rate hike in MarchBy Howard Schneider and Ann SaphirWASHINGTON, March 2 (Reuters) - The Federal Reserve digestedthe Trump administration's massive tax cuts and plan to boostspending with barely a hiccup, but Washington's sudden push forsteep tariffs on steel and aluminum imports could saddle theU.S. centr...Read More

Swiss investor in talks to buy United Grinding - sources

March 02, 2018 / www.kitco.com

FRANKFURT, March 2 (Reuters) - Swiss investor Martin Ebneris in talks to buy Swiss-German United Grinding, as otherbidders have dropped out of the race for the machine tool maker,two people close to the matter said. China Jianyin Investment (JIC), which had been keen to buyBern-based UGG, is no longer in the running, one of them said.Switzerland's Oerlikon has also dropped out of theauction for th...Read More

RPT-Banks struggle to respond after Florida shooting - IFR

March 02, 2018 / www.kitco.com

(Repeats without change)By Davide ScigliuzzoNEW YORK, March 2 (IFR) - Banks that helped the firearmsindustry to raise billions of dollars have been hesitant to stepinto the public debate on gun violence following the latestschool shooting in Florida.Their silence stands in contrast to the US names - including retailers, airlines and car rental companies - thathave either sought to distance themsel...Read More

ECB drops supervision of Russia's VTB arm in the euro zone

March 02, 2018 / www.kitco.com

FRANKFURT, March 2 (Reuters) - The European Central Bank hasstopped supervising the Austrian arm of Russian state bank VTBafter it slimmed down its European operations, the ECB said onFriday.A spokeswoman for the ECB said VTB's new set-up in Europe nolonger warranted direct supervision, which was now in the handsof Germany's national regulators, Bafin and the Bundesbank.Public scrutiny of ties bet...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok