ABX

ABX Articles

ThinkstockBarrick Gold Corp. (NYSE: ABX) reported third-quarter 2012 earnings this morning. The gold miner posted adjusted earnings per share (EPS) of $0.85 on revenues of $3.44 billion. In the same...
The price of gold has risen by about $200 an ounce since the end of June and has scored about half that gain since the first of September. The yellow metal is on its way to posting its best quarterly...
Kinross Gold Corp. (NYSE: KGC) reported second-quarter adjusted earnings per share (EPS) of $0.14 and $1 billion in revenue after the markets closed last night. The company posted EPS of $0.24 for...
Kinross Gold Corp. (NYSE: KGC) fired its CEO after the markets closed last night. The company replaced Tye Burt, its chief executive for the past seven years, with J. Paul Rollinson, who had been the...
Despite some softness in the gold market, Barrick Gold Corporation (NYSE: ABX) is up 1.7% on the day at $32.91.  It is a rather impressive move when you consider that S&P is downgrading the...
Newmont Mining Corp. (NYSE: NEM) is supposed to be one of the biggest and best gold miners out there. Its high dividend is a testament to that. The problem is that gold miners have been running into...
The three major US stock indexes opened higher this morning following European Central Bank president Mario Draghi’s promise to “do whatever it takes to preserve the euro” (our coverage here)....
Junior gold miner NovaGold Resources Inc. (NYSEMKT: NG) is down about -24% in early afternoon trading following a presentation today during the conference call webcast from Barrick Gold Corp. (NYSE:...
Barrick Gold Corp. (NYSE: ABX) reported second-quarter adjusted earnings per share (EPS) of $0.78 on $3.28 billion in revenue this morning. Adjusted EPS were sharply down from $1.12 per share in the...
The three major US stock indexes opened mixed this morning with the Nasdaq Composite slightly negative on an unexpectedly weak earnings report from Apple Inc. (NASDAQ: AAPL) (more coverage here). A...
Gold miner Barrick Gold Corp. (NYSE: ABX) introduces a new CEO tomorrow at its quarterly earnings show. The consensus estimate from Thomson Reuters calls for EPS of $0.95 on revenue of $3.5 billion,...
It is often a wonder why some investors would want to own a gold mining stock if they want to invest in the upside of gold.  The rewards can be immense, but taking individual company risk can often...
Barrick Gold Corp. (NYSE: ABX) announced this morning that it has replaced now-former CEO Aaron Regent and appointed the company’s now-former CFO, Jamie Sokalsky, as the new CEO, effective...
The three major US stock indexes opened lower this morning as investors did not pay attention to a report that the eurozone would allow its bailout fund to be used to recapitalize the continent’s...
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. American International Group (NYSE: AIG) Raised to Buy at Sandler...