ABX

ABX Articles

In mid-October, we took a look at target prices and implied gains among 11 metals and materials stocks. The companies we examined were United States Steel Corp. (NYSE: X), Nucor Corp. (NYSE: NUE),...
The DJIA jumped above 12,000 in the opening minutes of trading this morning and had topped 12,200 by mid-afternoon. European Union leaders have agreed on a deal that would make up to $1.4 trillion as...
Wednesday was a major day for dividend hikes.  We saw higher dividends and higher distributions from the following: AFLAC Inc. (NYSE: AFL); Atlas Pipeline Partners LP (NYSE: APL); Barrick Gold...
Companies focused on mining and metals have been experiencing high volatility this year based on both the overall global economy and, in some cases, expected demand, especially from China. We have...
A state superior court judge in Alaska has ruled against an environmental group in a lawsuit aimed at stopping development of the Pebble gold and copper mine project in the state. The project’s...
In what appears to be a counterintuitive move, CME Group (NASDAQ: CME) today raised its margin requirements for copper futures contracts. The requirement rose by 15%, from $6,750 to $7,763 for an...
Owning gold or silver has been tricky up until recent years.  It has also been a wild ride. Now with the flourishing ETFs, investors can buy the most liquid gold play in SPDR Gold Shares (NYSE: GLD)...
At yesterday’s meeting for investors, Rio Tinto plc (NYSE: RIO) offered a subdued forecast for the iron ore and copper markets going forward. There was some upbeat talk about new projects in...
Each morning we review our top analyst upgrades, downgrades, and initiations from Wall Street research notes.  We then look back over these at the end of the week to more closely review calls which...
These are some of this Friday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Adtran Inc. (NASDAQ: ADTN) Reiterated Buy and $49 target at...
Following an end-of-week rally last week, the DJIA has picked up where it left off and is up about 100 points just before noon today. The NASDAQ and S&P 500 are also up. And gold, while up a...
As the disagreement on the US debt ceiling turns into a debacle, gold posted a new high near $1,635/ounce this morning before pulling back to trade at around $1,624 late in the afternoon. Silver has...
Senior gold miners Barrick Gold Corp. (NYSE: ABX) and Goldcorp Inc. (NYSE: GG) reported earnings this morning, and the reports varied by enough to cause some wonder, if not concern, about gold...
Gold prices set a record high above $1,624/ounce in foreign trading this morning, and is remaining quite solid, trading above $1,617/ounce at around mid-day. Silver posted a solid gain this morning,...
Since the beginning of July gold prices have risen nearly 7%, from around $1,500/ounce to today’s record high over $1,600/ounce. Risk is off the table in the equities markets as concerns over...