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ThinkstockMaybe the worst is over for major gold miners and producers. Canaccord Genuity has decided to step out and initiate coverage of some key precious metals producers and miners in new...
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ThinkstockOn signs that U.S. lawmakers could be making progress toward resolving their differences over the debt ceiling and the government shutdown, gold futures dropped to a new three-month low...
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ThinkstockIf the U.S. Congress and the president cannot agree on terms under which the federal debt ceiling can be raised, the federal government likely would run out of cash by the end of the...
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ThinkstockGiven the dramatic decline in share prices, some investors may perceive gold equities as inexpensive. The analysts at Jefferies strongly disagree. In their opinion, gold equities rarely...
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Jon OggInvestors and traders alike are looking for ideas and recommendations now that the government shutdown is here and with a debt ceiling debate ahead. Each morning 24/7 Wall St. reviews dozens...
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ThinkstockGold bugs and fans of gold mining stocks are not going to get a pleasant feeling here. Fitch Ratings has a cautious report on what can happen to gold miners and producers even when the...
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ThinkstockThe research team at Merrill Lynch has found that global investors remain very “underweight” in their holdings of metals and mining shares, while valuations do not look stretched. This...
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These are the top analyst upgrades and stocks to buy for August 21, 2013, including Best Buy, Herbalife, Questcor, Dick's Sporting Goods and more.
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August 1, 2013: U.S. equity markets opened higher this morning as PMI readings in Europe bounced generally higher and China’s PMI improved slightly to remain positive. In the U.K., the Bank of...
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ThinkstockBarrick Gold Corp. (NYSE: ABX) reported second-quarter 2013 earnings before markets opened this morning. The gold miner posted adjusted earnings per share (EPS) of $0.66 on revenues of $3.2...
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July 31, 2013: U.S. equity markets opened higher this morning as traders and investors this afternoon’s announcement from the FOMC. In Europe, the unemployment rate in the eurozone was unchanged at...
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ThinkstockMetallurgical coal miner Walter Energy Inc. (NYSE: WLT) today cut its quarterly dividend from $0.125 to $0.01. The cut was demanded by creditors in order to let the company amend a $2.73...
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July 22, 2013: U.S. equity markets opened mixed this morning with the DJIA dipping on a poor earnings report from McDonald’s Corp. (NYSE: MCD). There was no economic data release of note in Europe...
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ThinkstockWhen Barron’s ran “Gold Is Regaining Its Glow” over the weekend, they probably made the weekend over every concerned and disheartened gold bug in the world. After all, how can central...
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ThinkstockIt is hard to find many analysts or market pundits who will defend gold at this point. Sterne Agee analyst, Michael Dudas, is doing just that in a fresh research call. He is finding support...
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