Recent News

Volkswagen reaches $33.5 million diesel emissions settlement with Maryland

April 25, 2018 / www.kitco.com

WASHINGTON (Reuters) - Volkswagen AG (VOWG_p.DE) has reached a $33.5 million settlement with Maryland over state claims related to the German automaker’s excess emissions, court documents show.Volkswagen previously agreed to spend more than $750 million to resolve various state environmental and consumer claims in the United States.In total, VW has agreed to spend more than $25 billion in th...Read More

Stellar Diamonds shares leap as court approves its acquisition by NWF

April 25, 2018 / www.proactiveinvestors.co.uk

Stellar Diamonds PLC (LON:STEL) saw its shares leap 15.5% to 5.7p in late-afternoon trading as the AIM-listed diamond miner confirmed the court sanctioning of its acquisition by Australian miner Newfield Resources Limited (ASX:NWF).Stellar said as a result of the ruling the last day of trading for its shares would be 26 April, after which they would be suspended on 27 April and cancelled from 30 A...Read More

Chevron evacuates Venezuela executives following staff arrests

April 25, 2018 / www.kitco.com

(Reuters) - U.S. oil major Chevron Corp (CVX.N) has evacuated executives from Venezuela after two of its workers were imprisoned over a contract dispute with state-owned oil company PDVSA, according to four sources familiar with the matter.Chevron asked other employees to avoid the facilities of its joint venture with the OPEC nation’s oil firm, the sources said.The arrests, in a raid by nat...Read More

Stocks fall for fifth day as U.S. 10-year debt yield tops 3 percent

April 25, 2018 / www.kitco.com

NEW YORK (Reuters) - A gauge of global equities was on track for its longest losing streak this year on Wednesday as 10-year U.S. Treasury yields again topped the 3 percent mark, stoking concerns about rising costs that could dampen corporate profits.The benchmark 10-year note yield edged up to 3.033 percent as jitters about growing federal borrowing spurred more selling in U.S. government debt. S...Read More

FREE MCX TIPS Copper – BUY Copper at CMP 461.60 for Target 463.70 – 464.80 with SL below price 459.7

April 25, 2018 / mcx.freetips.tips

Copper – BUY Copper at CMP 461.60 for Target 463.70 – 464.80 with SL below price 459.7. Trade with 2 lotsAFTER POST CONTENT Read More

Gold falls as rising dollar, bond yields send prices to 5-week low

April 25, 2018 / www.marketwatch.com

Gold prices settled lower Wednesday, with rising bond yields and a firmer dollar sending prices to their lowest finish in five weeks. Gold futures had clawed higher Tuesday after three consecutive sessions of declines even as Treasury yields, which tend to move inversely to precious metals prices, broke above 3% for the first time since January 2014. YieldsTMUBMUSD10Y, -0.21% weighed on gold with...Read More

POSITIONAL HOLD / CARRY Aluminium Carry Call – BUY Aluminium at CMP 147.60 Add more at price 147 with SL 146.50 for Target 148.60 – 149.20

April 25, 2018 / mcx.freetips.tips

Aluminium Carry Call – BUY Aluminium at CMP 147.60 Add more at price 147 with SL 146.50 for Target 148.60 – 149.20AFTER POST CONTENT Read More

EXIT Zinc – Zinc SELL Call 6cd given at price 211.45 CMP 211.20. Not moving as expected. Low risk taker EXIT here with no profit no loss..

April 25, 2018 / mcx.freetips.tips

Zinc – Zinc SELL Call 6cd given at price 211.45 CMP 211.20. Not moving as expected. Low risk taker EXIT here with no profit no loss.. RISK Taker Hold as per call6cd : Today Zinc Free Tips - SELL Zinc at CMP 211.45 with S L Above price 213.10 for Target 210 - 209AFTER POST CONTENT Read More

Thor Explorations LTD CEO Lawson thrilled by initial drill results

April 25, 2018 / www.proactiveinvestors.co.uk

Thor Exploration LTD (TSXV:THX} CEO Segun Lawson is delighted by the initial drill results from the Segilola project in Nigeria.Lawson, who founded the Vancouver company, says the positive results further proves they are on the right track to making Segilola, the first large scale commercial gold mine in Nigeria.Lawson further adds they are expecting more drill results in May.  Meet Peninsula...Read More

FREE MCX TIPS Today Zinc Free Tips – SELL Zinc at CMP 211.45 with S L Above price 213.10 for Target 210 – 209

April 25, 2018 / mcx.freetips.tips

Today Zinc Free Tips – SELL Zinc at CMP 211.45 with S L Above price 213.10 for Target 210 – 209AFTER POST CONTENT Read More

Exxon Mobil boosts quarterly dividend to 82 cents

April 25, 2018 / www.kitco.com

HOUSTON (Reuters) - Exxon Mobil Corp (XOM.N), the world’s largest publicly traded oil producer, boosted its quarterly dividend on Wednesday by about 7 percent to 82 cents, the 36th year in a row it has increased the payout.The dividend is payable on June 11 to shareholders of record as of May 14. Exxon is slated to release its quarterly results on Friday.Reporting by Ernest Scheyder; Editing...Read More

Dow Losing Streak Could Be a Buy Signal

April 25, 2018 / www.schaeffersresearch.com

The blue-chip index just logged its longest losing streak in more than a yearThe Dow Jones Industrial Average (DJI) on Tuesday suffered its fifth straight loss, weighed down by poorly received blue-chip earnings and broad concerns about bond yields. It was the Dow's longest losing streak since March 2017, when the index suffered eight consecutive down days. However, if past is prologue, this recen...Read More

Drilling Increases Renforth's Parbec Gold Deposit by 100 Meters Along Strike

April 25, 2018 / bit.ly

Renforth Resources Inc. (CSE:RFR) ("Renforth" or the "Company") is pleased to announce that 5 drill holes, totaling 1,269 metres, have been drilled to extend the Parbec deposit.Drill hole PAR-18-77 intersected 1.1 g/t Au over 7.5m, successfully extending the deposit strike by 100 m to the east of the deposit, the first drilling on the eastern end.Read full newsRead More

Hammond says in 'preliminary foothills' of Brexit banking talks

April 25, 2018 / www.kitco.com

LONDON (Reuters) - British finance minister Philip Hammond said on Wednesday that London and Brussels remained at an early stage of discussions about how financial services will operate across the English Channel after Brexit.Hammond told lawmakers that Britain and the rest of the European Union had only recently struck a deal to keep their overall trade relationship unchanged for 21 months after...Read More

Boeing cruises past forecasts, sees no sign of cost trouble

April 25, 2018 / www.kitco.com

(Reuters) - Boeing Co’s (BA.N) profit surged past Wall Street estimates in the first quarter and booming demand for commercial jets pushed the world’s biggest planemaker to raise forecasts for cash flow and earnings in what promises to be another record year.Speaking after the results, Chief Executive Officer Dennis Muilenburg also played down concerns expressed by fellow manufacturer...Read More

NYSE says trading suspended in five symbols

April 25, 2018 / www.kitco.com

NEW YORK (Reuters) - The New York Stocks Exchange said in an alert to traders on Wednesday that trading was suspended for the rest of the day in five symbols, including Amazon and Alphabet.The exchange said the suspension was due to a “price scale code” issue and any open orders in those securities will be canceled.Aside from Amazon.com (AMZN.O) and both Alphabet share classes (GOOGL.O...Read More

Intel Option Bears M.I.A. Ahead of Earnings

April 25, 2018 / www.schaeffersresearch.com

Intel is scheduled to report earnings after tomorrow's closeSemiconductor giant Intel Corporation (NASDAQ:INTC) is slated to report its first-quarter earnings after the close tomorrow. The stock notched a 17-year high of $54.35 on April 18, before pulling back amid a broader chipmaker sell-off, and today is fractionally lower amid reports of a Justice Department probe into possible violations of I...Read More

United Oil & Gas growing quickly and keen to carve out big deals

April 25, 2018 / www.proactiveinvestors.co.uk

Brian Larkin, chief executive of United Oil & Gas Plc (LON:UOG), introduces the company to Proactive's Andrew Scott.Coming to the London market last July with two assets, one in the UK and one in Italy, the company's moved quickly to grow and create shareholder value.  Meet Peninsula Mines Ltd and Silver City Minerals Ltd at our event,Sydney, 07 May 2018.Register here >>Read More

Facebook will not testify at U.S. House hearing on social media

April 25, 2018 / www.kitco.com

WASHINGTON (Reuters) - Facebook Inc said Wednesday it has declined an invitation to testify at a U.S. House of Representatives hearing Thursday on filtering practices by social media companies, a company spokesman said.The company said that even though it will not appear, it looks “forward to a continuing dialogue with members of the committee about Facebook’s strong commitment to bein...Read More

3 Stocks That Could Swing on Earnings Tomorrow

April 25, 2018 / www.schaeffersresearch.com

AAL, SAVE, and LUV are on track to report tomorrow morningIt's the thick of earnings season, and while blue chips have been dominating the action recently, airlines are on deck. Looking ahead to tomorrow's calendar, specifically, American Airlines Group Inc (NASDAQ:AAL), Spirit Airlines, Inc. (NYSE:SAVE), and Southwest Airlines Co (NYSE:LUV) are all slated to report first-quarter earnings ahead of...Read More

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