Barrick Gold (ABX) Buying Randgold (GOLD) 9-24-18Barrick is buying Randgold to create the world’s top gold miner Canada’s Barrick Gold (ABX) is buying rival Randgold (GOLD) to create the world’s biggest gold miner, the two companies announced Monday. The combined entity will have a market value of more than $18 billion. Barrick shareholders will end […]
Continue Reading
MU Micron Earnings Micron Slumps After Issuing Light Guidance: 7 Key Takeaways The memory giant beat estimates, but issued a light quarterly outlook that was blamed on CPU shortages, inventory adjustments and China tariffs. After issuing solid results and guidance for several quarters in row, Micron (MU) offered a below-consensus outlook on Thursday. However, that […]
Continue Reading
JP Morgan ChaseFinancial stocks in broad rally, with J.P. Morgan leading the Dow’s gainers Financial stocks traded broadly higher, with the group the biggest gainer among the S&P 500’s SPX, +0.13% 11 sectors, as the jump in Treasury yields helped provide a boost to the banks. The SPDR Financial Select Sector ETF XLF, +1.70% ran […]
Continue Reading
marijuana stocks pot stocksTilray leads cannabis stocks higher as sector continues to rally Cannabis stocks were higher across the board on Tuesday, led by Tilray Inc., which rallied sharply on news that the U.S. Drug Enforcement Administration has approved its plan to import a marijuana product and test its efficacy in treating a neurological disorder […]
Continue Reading
FDX-Federal Express EarningsFedEx quarterly profit misses Wall Street estimate (Reuters) – FedEx Corp (FDX.N) reported quarterly profit that missed Wall Street estimates on Monday, as employee compensation and other expenses weighed on results. Shares in the Memphis-based package delivery company fell 2.7 percent to $248.60 in after- hours trading. Trade between the United States and […]
Continue Reading