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Stock Market & Financial Investment News

News Breaks
February 12, 2013
06:49 EDTABX, GS, KGC, NEMRussia could be third largest gold producer by 2015, Bloomberg reports
Russia may have the world’s third- largest gold output in 2015 as higher prices encourage mining companies to boost volumes, says Sergey Kashuba, chairman of the country’s Gold Producers’ Union, Bloomberg reports. If gold prices maintain their gains, Russia’s gold output will continue to expand by 4% to 5% a year through 2020, he said.Reference Link
News For ABX;GS;KGC;NEM From The Last 14 Days
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October 1, 2014
11:46 EDTGSDavid Tepper says economy good, stock market not at high multiple currently
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09:38 EDTGSGoldman to unveil $66M communications tool investment, Reuters says
Goldman Sachs along with 13 partners are aiming to announce a $66M investment in a communications tool company called Symphony Communications Services, according to Reuters, citing comments in a draft press release viewed by the newsource. Symphony will consolidate all digital communications for financial companies into one centralized platform. Reference Link
September 29, 2014
16:32 EDTNEMNew Gold appoints David Schummer as COO
New Gold (NGD) announced the appointment of David Schummer as EVP and COO. Schummer joins New Gold having spent 22 years at Newmont Mining (NEM).
07:58 EDTGSWarren calls for hearing on 'disturbing' Fed tapes, Reuters reports
Two members of the the Senate Banking Committee, Democrats Elizabeth Warren and Sherrod Brown, called for an investigation into the issues raised by secretly taped conversations between officials at Goldman Sachs (GS) and supervisors at the New York Federal Reserve, reported Reuters. Other large U.S. banks include Bank of America (BAC), Citigroup (C), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
September 26, 2014
18:09 EDTGSGoldman Sachs to ban investment bankers from trading stocks, Bloomberg reports
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September 25, 2014
15:10 EDTGSHolder resignation as AG positive for banks, says Rafferty Capital
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14:32 EDTGSGoldman Sachs close to acquiring Neovia Logistics for $1B, Reuters says
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10:06 EDTABXOn The Fly: Analyst Upgrade Summary
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06:10 EDTABXBarrick Gold upgraded to Overweight from Neutral at HSBC
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September 24, 2014
15:04 EDTGSGoldman, other banks near deal to buy Bloomberg messaging alternative, WSJ says
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07:56 EDTABX, NEM, KGCCFA Society of Philadelphia to host a luncheon meeting
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07:46 EDTGSPeterson Institute for International Economics to hold a conference
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September 23, 2014
16:27 EDTNEMNewmont raises copper output guidance after receipt of Indonesia export permit
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07:14 EDTGSGoldman spot FX trading boss in EU to depart, Bloomberg says
Mitesh Parikh, the manager of Goldman Sach's spot foreign-exchange trading in Europe, is departing the company to trade currencies at an investment company, according to Bloomberg, citing two people with knowledge of the situation. Parikh joined Goldman Sachs twelve years ago. Reference Link
September 22, 2014
13:44 EDTNEMNewmont Mining subsidiary expects Indonesia copper exports to resume this week
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September 18, 2014
14:08 EDTGSBanks look to high-interest personal loans to boost revenue, WSJ says
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07:53 EDTABXBarrick Gold October volatility flat as gold trades near four-year low
Barrick Gold October call option implied volatility is at 32, November is at 29, January is at 28; compared to its 26-week average of 32 according to Track Data, suggesting non-directional price movement.
September 17, 2014
13:16 EDTGSHolder says DOJ looking to charge bank executives, Washington Post says
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06:43 EDTNEM, ABXNewmont head says concentrating on operations, not Barrick, Reuters says
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