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The Toronto-based miner’s long-term license to operate its mine in Papua New Guinea is due for renewal this year. The largest gold miner may already be trying to get ahead of that tide in PNG. Chief Executive Officer Mark Bristow met last week with government officials about extending its license for the Porgera mine, Barrick’s joint venture with Zijin Mining Group Co.
BP: Are Analysts Feeling Positive?Analysts’ recommendations Currently, 11 analysts cover BP (BP). In February, six (or 55%) analysts recommended a “buy” or “strong buy,” while four (or 36%) recommended a “hold.” Compared to February
AllState (ALL) stock gains on the back of low combined ratio, increase in premium, inorganic growth and strong capital levels.
HP (HPQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cincinnati Financial (CINF) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The mammoth facility -- long and wide enough to fit an American football field -- is the first of four similar platforms to begin pumping crude this year, lifting Brazilian output by roughly 365,000 barrels a day, its largest annual increase in at least 20 years, International Energy Agency estimates show. In the worst-case scenario, it may force Saudi Arabia and Russia to roll their production cuts over into the second half of the year, testing the strength of the Riyadh-Moscow oil relationship. “Brazil is on the verge of major supply growth,” said Francisco Blanch, head of commodities research at Bank of America Corp. in New York.
The case stems from Hewlett-Packard’s hiring of Barclays as an adviser for its ultimately disastrous 2011 acquisition of Autonomy Corp., which at the time was the U.K.’s second-largest software business. After Barclays sold HP 6 billion pounds ($7.9 billion) in cable options to help finance the deal, the bank was later asked to unwind -- or sell -- that position. Prosecutors, who have charged him with wire fraud, claim Bogucki was part of a “front-running” scheme to depress the value of HP’s cable options, profiting the bank at HP’s expense.
Today’s data raises issues about inflation in New Zealand and the employment situation in Australia, but this may have to take a backseat ahead of today’s release of the Fed minutes. Traders are likely to react to any news regarding the Fed’s balance sheet. This will determine whether the minutes are dovish or hawkish.
Based on the recent price action, the direction of the NZD/USD the rest of today’s session will likely be determined by trader reaction to the reversal top at .6894.
Trade data out of Japan suggests more doom and gloom as trade negotiations. Brexit chatter and the FED minutes will be in focus through the day.
DALLAS (AP) _ EnLink Midstream LLC (ENLC) on Tuesday reported a fourth-quarter loss of $61.3 million, after reporting a profit in the same period a year earlier. The results did not meet Wall Street expectations.
How These Mobile Operators Are Working to Drive Growth(Continued from Prior Part)Democratic senators want deal blockedT-Mobile (TMUS) is making every effort to save its merger deal with Sprint (S) as opposition to the deal also grows. A group of
The satellite-radio provider has its largest number of shares sold short in more than a year. This has historically been a lousy bearish wager.
Negative sentiment towards the global economic outlook weighed on the commodity currencies, with economic data and Brexit putting the Pound in Focus.
The alt-wood decking maker delivered a record 2018, but conservative guidance for early 2019 had investors selling. Despite the market's short-term dissatisfaction, management is focused on Trex's long-term potential.
Dish Network Stock Rises despite Q4 Subscriber Losses(Continued from Prior Part)Dish Network losing subscribers Dish Network (Dish) lost 334,000 net pay-TV subscribers in the fourth quarter compared to its gain of 39,000 subscribers in the previous
Dish Network Stock Rises despite Q4 Subscriber Losses(Continued from Prior Part)Dish’s churn Dish Network (DISH) has been making efforts to improve its Dish TV churn rate by acquiring higher-quality subscribers amid increased pressures from
Brown & Brown's (BRO) arm buys certain assets of Pipino Company, which in turn, augurs well for its extension of service and consulting abilities offered to clients.
Why Morgan Stanley Is Bullish on Range ResourcesMorgan Stanley is bullish on Range Resources On February 13, Morgan Stanley (MS) raised its target price on Range Resources (RRC) by $1 to $12. On January 30, Morgan Stanley raised its target price