Will a $1 Billion Capital Raise Lead to More Smaller Gold Company Mergers?
It’s not every day that a $2 billion gold company sets the stage to raise up to $1 billion via new securities sales. IAMGOLD Corporation (NYSE: IAG) has filed a mixed shelf registration statement with...
View ArticleL Brands, Iamgold Tumble into Thursday’s 52-Week Low Club
August 23, 2018: Here are four stocks trading with heavy volume among 67 equities making new 52-week lows in Thursday’s session. On the NYSE decliners led advancers by about 2.05 to 1, and on the...
View ArticleCould There Be More Merger Action in the World’s Gold Fields?
Monday’s announced merger between Barrick Gold Corp. (NYSE: ABX) and Randgold Resources Ltd. (NASDAQ: GOLD) emphasized the quality of the merged company’s reserves, the further reduction in costs and...
View ArticleWill There Be More Merger Action in the World’s Gold Fields?
Monday’s announced merger between Newmont Mining Corp. (NYSE: NEM) and Goldcorp Inc. (NYSE: GG) emphasized the quality of the merged company’s reserves, the pipeline of projects available and high...
View ArticleTop Analyst Upgrades and Downgrades: Altria, EA, Embraer, Gap, Kinder Morgan,...
Stocks were indicated to open lower on Tuesday, the start of the shortened week. Investors have seen a big bounce in the stock market into earnings season, but they are also still recovering from major...
View ArticleAnother Gold Mining Merger Rumor Goes Soft, Sort Of
Iamgold Corp. (NYSE: IAG) is a relatively small gold mining outfit that recently joined in the buyout rumor mill. A report from Bloomberg on Thursday had indicated that Iamgold was exploring a sale of...
View Article5 Stocks to Buy Now Trading Under $10 With Huge Upside Potential
While most of Wall Street focuses on large and mega cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy. Often the biggest...
View ArticleGold and Silver Investors Have Fewer and Fewer Choices
If there was ever a year in which uncertainty was the dominant force, 2020 would have to be the poster child. While the reasons to own gold are varying and numerous, gold has been the safety net for...
View Article5 Gold Stocks Trading Under $10 With Huge Upside Potential
While most of Wall Street focuses on large and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy. Many of the biggest...
View ArticleWednesday’s Top Analyst Upgrades and Downgrades: American Airlines, Boeing,...
The futures were trading lower Wednesday after a massive risk-on Tuesday rally in which the major indexes and the transports posted solid gains. The rally started before the open, when news reports had...
View ArticleSoros and Paulson Remain Goldbugs (GLD, NG, AU, IAG, KGC, NG, GOLD)
Everyone loves to see Warren Buffett’s portfolio changes, but in some cases it is more important what other gurus are doing with their assets under management. George Soros and John Paulson are two of...
View ArticleTop Analyst Upgrades & Downgrades (AGN, CRZO, XRAY, DWA, ERTS, IAG, GOOG,...
Source: Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Allergan Inc. (NYSE: AGN) Raised to Buy at Argus....
View Article24/7 Wall St. Closing Bell (GOOG, IAG, ERTS, STX, ONXX, CRZO, GIL, BKS, LULU,...
Equity markets opened slightly lower this morning, following yesterday’s big share price increases. For most of the day stocks traded slightly lower, although they have moved to a very slight gain in...
View ArticleAfter The Fall, Huge Upside & Value In Gold/Silver Miners (GDX, SIL, ABX, GG,...
Gold and silver have finally indicated that the free fall we saw over the last month may have at least stabilized. The markets are mixed today in the commodities and the miners and we admit that no...
View ArticleJunior Gold/Silver Miners Surge (XRA, TGD, AXU, THM, GSS, ASM, FSM, AUMN,...
Of the top 25 price gainers today, 15 are gold or silver miners, most are the juniors, and all are up about 9%-12%. Recent weak US employment news and a pricey dollar-euro exchange is sending investors...
View ArticleTop Analyst Upgrades and Downgrades (ARCO, CHD, CVS, CBST, FE, G, GRPN, HCN,...
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall St. research calls this Tuesday morning. Arcos Dorados Holdings Inc. (NYSE: ARCO) started as Neutral at Credit...
View Article24/7 Wall St. Closing Bell — August 10, 2012: Market Dithers Until Last...
The three major US stock indexes opened lower this morning following more data from China. Both export and import data fell short, weighing on most Asian markets (more coverage here). There was little...
View Article24/7 Wall St. Closing Bell — August 13, 2012: Markets Softer on Lack of...
The three major US stock indexes opened lower this morning as reports on Japanese (more coverage here) and Greek GDP (more coverage here). both disappointed investors. Asian markets were propped up...
View Article24/7 Wall St. Closing Bell — August 14, 2012: Markets Mixed Ahead of...
The three major US stock indexes opened higher this morning following data showing that GDP in several countries grew better than expected (more coverage here). Which indicates that if the bar is set...
View Article24/7 Wall St. Closing Bell — November 13, 2012: Markets Bounce Higher, Close...
U.S. equity markets opened lower this morning on softness in Asian markets and another punt in the eurozone. In Asia, China is rumored to be ready to expand its property tax program, Japanese...
View ArticleToday’s Market Winners and Losers
The stock market is down Wednesday, with the Dow Jones Industrial Average down 0.62%, the Nasdaq down 0.41% and the S&P 500 down 0.56%. Today’s winners are a retailer reporting strong earnings, an...
View Article24/7 Wall St. Closing Bell — November 14, 2012: Markets Can’t Hold Gains,...
U.S. equity markets opened higher this morning, but the three major indexes fell below the neutral line after the first hour or so of trading. In Europe, Greece said its GDP contracted by 7.2% in the...
View ArticleTop Analyst Upgrades and Downgrades (ANF, AAPL, ADP, BHI, CVC, CTSH, CS, DD,...
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Thursday. Abercrombie & Fitch Co. (NYSE: ANF) raised to Outperform at William Blair ad...
View ArticleMiners Get Boost on Rising Gold Price
The Comex April gold price has risen more than $5 today and is currently trading at $1,676.00 an ounce. Last week’s poor showing for fourth quarter U.S. GDP growth has pushed the yellow metal higher as...
View ArticleTop Analyst Upgrades and Stocks to Buy: Home Depot, Lululemon, Myriad...
Investors and traders are always on the lookout for fresh Wall Street research ideas of stocks to buy, value stocks and dividend stocks. 24/7 Wall St. reviews many fresh research calls to find great...
View ArticleClosing Bell for Thursday on Wall Street: Markets Start Low, Drift Lower All Day
August 15, 2013: U.S. equity markets opened lower this morning as yields on 10-year Treasuries rose to a 2-year high. In the U.S., lower than expected new claims for unemployment benefits and a...
View ArticleMore Dividend Cuts Likely in Gold Producers and Miners
Gold 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 London Bullion...
View ArticleGold Analyst Gets Very Positive on Key Gold and Silver Producers
Maybe 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 coverage. This is a...
View ArticleTop Analyst Upgrades and Downgrades: FireEye, Fresh Market, Galena, Peabody...
Stocks are challenging all-time highs, and this is a shortened week due to Thanksgiving. Investors have to start positioning their assets and portfolios for 2014. 24/7 Wall St. reviews dozens of...
View ArticleTop Analyst Upgrades and Downgrades: Harley-Davidson, Lululemon, Nike,...
Stocks were trying to hold on to gains on Friday morning after a marginal gain in eurozone GDP indicates that quantitative easing is needed over there. The one lesson we have seen in the last two...
View ArticleTop Analyst Upgrades and Downgrades: Coeur, Comcast, First Solar, Marvell,...
Stocks were marginally lower on Wednesday, a day after the Janet Yellen easy money policy continuation helped markets hit new highs. Investors have shown over and over, for more than two years now,...
View Article5 Small Cap Analyst Stocks Under $10 With Massive Upside Potential
With stocks hitting all-time highs, investors are looking for growth and value wherever they can find it. If it is on a stock that has sold off, they like it even better if the long-term fundamentals...
View ArticleTop Analyst Upgrades and Downgrades: Apple, Coach, Dollar General, Micron,...
Stocks were indicated higher on Wednesday after some recent volatility. Investors keep showing that they will buy their favorite stocks and other value stocks or opportunities when the opportunity is...
View ArticleTop Analyst Upgrades and Downgrades: AK Steel, Apple, CONSOL, IAMGOLD,...
Stocks were indicated slightly lower on Monday, but that is after another solid week that took the Dow and S&P 500 back within about 3% to 4% of highs. Investors keep showing that they will buy the...
View ArticleTop Analyst Upgrades and Downgrades: AmEx, Carnival, eBay, HP, IAMGOLD,...
Stocks were indicated surprisingly higher after international markets recovered more than might have been expected. The trend that has been static for 4 years now is that investors want to buy stocks...
View ArticleThe 7 Best Gold Stocks of 2016 Are on Fire
If you traveled back in time to the last day of 2015, gold looked like it was at risk of finally dropping under $1,000, and the Dow Jones Industrial Average and the S&P 500 were still expected to...
View ArticleHow Analysts View Top Gold Stocks After Huge Rally and Earnings
Over the past 12 months, the price of gold has dipped to a low of around $1,047 an ounce and jumped to a high of near $1,265 last week. The yellow metal is mounting a comeback on weak economic...
View ArticleCredit Suisse Raises Price Targets and Net Asset Values on Top Gold Stocks
Gold has been on fire so far in 2016. This move was not expected at the start of the year, not by any serious measures, but that was then and this is now. Following the first-quarter earnings reporting...
View Article5 Gold Stocks Still Trading Under Book Value
Maybe you have heard the phrase “There’s gold in them thar hills.” It turns out that 2016 has seen a massive rally in gold, and this has been a leveraged move in the world’s gold miners rising to the...
View ArticleBrexit Lifts Gold Mining Stocks to New Highs
The 2016 gold rally just got a shot of rocket fuel from the U.K. vote to leave the European Union. The massive rally in gold on Friday has also leveraged an upside move in the world’s gold miners....
View ArticleTop Analyst Upgrades and Downgrades: Alexion, Barrick Gold, Barclays, Coeur...
Things might have felt bad on Friday’s post-Brexit surprise, but the Dow’s drop of 610 points, a drop of 3.4%, was mild compared to European markets where many of the key stocks were down 10% to 25%....
View ArticleTop Analyst Upgrades and Downgrades: Motorola, Nokia, ProLogis, Qualcomm,...
The markets bounced handily on Tuesday and Wednesday in the post-Brexit aftermath, and shares were only marginally higher on Thursday morning. Investors may have different reasons each time, but they...
View ArticleTop Analyst Upgrades and Downgrades: BlackRock, Bristol-Myers, Level 3,...
Stocks were indicated to open marginally higher on Monday, even after hitting new highs last week. Investors are still looking for ways to make money, and they have proven over and over for six years...
View ArticleTop Analyst Upgrades and Downgrades: DuPont, GoDaddy, Intel, Pandora, Wells...
Stocks were marginally higher on Wednesday morning, after Tuesday’s 75-point Dow and 13-point S&P 500 gains. Earnings season has begun and things are looking moderately higher. The trends of high...
View ArticleTop Analyst Upgrades and Downgrades: Alibaba, Electronic Arts, NVIDIA,...
Stocks were indicated marginally lower on Wednesday after challenging all-time highs again. The bull market is now more than eight years old and investors have bought every single pullback. Now those...
View ArticleTop Analyst Upgrades and Downgrades: Chevron, Fiat Chrysler, Groupon,...
Stocks were indicated to open lower on Wednesday, but this was after a big rally on Tuesday over hopes being rekindled for a tax cut this year. While the stock market is still very close to all-time...
View ArticleTop Analyst Upgrades and Downgrades: BioCryst, Exxon, FCA, HPE, IAMGOLD,...
Stocks were indicated to open higher on Wednesday after Tuesday’s strong sell-off. The indexes still remain close to all-time highs, and the one trend that has prevailed for more than five years is...
View ArticleTop Analyst Upgrades and Downgrades: GoPro, KB Home, Rite Aid, Visa, Wynn...
Stocks were looking for direction on Friday, with mixed indications in the Dow, S&P and Nasdaq. The major indexes remain very close to their all-time highs and all are up double-digit percentages...
View ArticleDigging for Gold: These Are the 3 Top Miners You Should Be Buying in September
With the Federal Reserve poised to cut interest rates for the first time since 2019 to help bolster the economy, the outlook for gold continues to be bullish. The price of gold is up about 25% this...
View ArticleArcher Aviation (ACHR), Ford (F) and Iamgold (IAG) Are Intriguing Stocks...
Investing used to be a rich man’s game, but over the years the stock market has been democratized. A recent Gallup poll found 62% of U.S. adults own stock, either directly or indirectly, such as...
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