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Stock Market & Financial Investment News

News Breaks
February 20, 2013
13:48 EDTNEM, HL, ABX, SLWPrecious metals lower ahead of Fed minutes, Reuters says
Precious metals were lower on Wednesday, with gold, platinum, palladium and silver falling more than 3%, as investors sold metals ahead of the Fed minutes. Reference Link
News For SLW;HL;NEM;ABX From The Last 14 Days
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April 15, 2014
12:27 EDTNEMNewmont Mining volatility increases as gold pulls back
Newmont Mining May call option implied volatility is at 34, above a level of 31 from April 14, June and September is at 32; compared to its 26-week average of 34 according to Track Data, suggesting non-directional near term price movement.
April 9, 2014
08:05 EDTHLHecla Mining sees Q1 silver production up 32% vs. last year
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April 7, 2014
10:00 EDTNEMOn The Fly: Analyst Upgrade Summary
Agios Pharmaceuticals (AGIO) upgraded to Overweight from Neutral at JPMorgan... Alcoa (AA) upgraded to Hold from Sell at Deutsche Bank... Align Technology (ALGN) upgraded to Outperform from Market Perform at Barrington... Analog Devices (ADI) upgraded to Neutral from Sell at Goldman... B&G Foods (BGS) upgraded to Outperform from Sector Perform at RBC Capital... Citigroup (C) upgraded to Neutral from Underweight at HSBC... Intel (INTC) upgraded to Outperform from Sector Perform at Pacific Crest... JetBlue (JBLU) upgraded to Neutral from Sell at Goldman... Kindred Healthcare (KND) upgraded to Outperform from Sector Perform at RBC Capital... Lennox (LII) upgraded to Outperform from Market Perform at Wells Fargo... Newmont Mining (NEM) upgraded to Hold from Sell at Deutsche Bank... PBF Energy (PBF) upgraded to Buy from Neutral at Citigroup... Renasant (RNST) upgraded to Outperform from Market Perform at Raymond James... Select Medical (SEM) upgraded to Outperform from Sector Perform at RBC Capital... Ultra Petroleum (UPL) upgraded to Outperform from Market Perform at Raymond James... Under Armour (UA) upgraded to Buy from Neutral at Sterne Agee... Hercules Technology (HTGC) upgraded to Buy from Hold at Sandler ONeill... Standard Pacific (SPF) upgraded to Outperform from Market Perform at Raymond James... Yelp (YELP) upgraded to Outperform from Perform at Oppenheimer... Netflix (NFLX) upgraded to Outperform from Perform at Oppenheimer... Pandora (P) upgraded to Outperform from Neutral at Wedbush.
06:28 EDTNEMNewmont Mining upgraded to Hold from Sell at Deutsche Bank
Deutsche Bank upgraded Newmont Mining to Hold citing its more positive view on aluminum premia due to a delay in LME inventory destocking. The firm raised its price target for shares to $21 from $19.
April 4, 2014
14:21 EDTABXBarrick Gold completes Nevada asset divestiture
Barrick Gold (ABX) announced it has completed the divestiture of its minority interest in the Marigold mine in Nevada to Silver Standard Resources (SSRI) for total cash consideration of $86M, subject to certain closing adjustments. Barrick had previously held a 33.3% interest in Marigold, with the remaining 66.7% interest owned by the operator, Goldcorp (GG).
13:58 EDTABXGoldcorp completes sale of Marigold mine
Goldcorp (GG) announced that the company and their joint venture partner Barrick Gold (ABX) have completed the sale of their respective interests in the Marigold mine in Humboldt County, Nevada to Silver Standard (SSRI). Total consideration paid at closing to Goldcorp and Barrick was $275M. Marigold was a joint venture operation between Goldcorp who was the operator and 66.7% partner and Barrick who was the 33.3% partner.
April 3, 2014
10:39 EDTHLHecla Mining to host investor days
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