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Silver Wheaton Lower By 5% Amid $500 Million Financing Deal
Thursday, March 31, 2016 - 7:29am | 181Read More...Shares of Silver Wheaton Corp. (NYSE: SLW) were trading lower by more than 5 percent early Thursday morning after the company announced a $500 million bought deal financing. Silver Wheaton has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets to acquire, on a...
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High Expectations For Adobe Earnings, Not So Much For Oracle
Sunday, March 13, 2016 - 11:10pm | 563Read More...Two software giants are expected to report their latest quarterly results this week. Wall Street analysts are looking for strong results from only one of them. A handful of other companies are expected to report earnings this week as well. Off-season quarterly reports from a couple of big tech...
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Bay Street Analysts Still Like Silver Wheaton
Thursday, July 9, 2015 - 8:13am | 296Read More...Shares of Silver Wheaton Corp. (NYSE: SLW) plunged to a new 52-week low of $15.18 on Tuesday after the company received a proposal letter from the Canadian Revenue Agency (CRA) in which it argued the company's profits earned by foreign subsidiaries should be subject to tax in Canada. The CRA noted...
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Market Wrap For May 29: Investors Welcome Another Record High For The S&P 500
Thursday, May 29, 2014 - 4:41pm | 2596Read More...U.S. stocks gained on Thursday despite the Commerce Department reporting that U.S. gross domestic product declined at a one percent annualized rate in the quarter. Analysts were expecting GDP to decline 0.4 percent. Pending home sales were below expectations but investors may have shrugged off...
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Earnings Expectations For The Week Of May 5: Disney, Pfizer, Tesla And More
Sunday, May 4, 2014 - 5:46pm | 1225Read More...Highlights on the earnings front this week include scheduled quarterly reports from Disney, Keurig Green Mountain, Pfizer and Whole Foods Market, which are expected to post year-over-year earnings gains. Analysts expect Tesla Motors to say its earnings declined, and for Groupon and SolarCity to...
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Market Wrap For April 10: Wednesday's Rally Completely Forgotten
Thursday, April 10, 2014 - 4:33pm | 2616Read More...U.S. stocks tumbled as investors and traders showed no intention of allowing Wednesday's bull charge to continue. The Nasdaq index continues to under-perform and notched its worst one day performance since 2011. The decline in the Nasdaq index continues to be fueled by biotech and momentum...
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Gold Miners See Wild Swings In Short Interest (AEM, AU, HMY)
Friday, February 14, 2014 - 8:45am | 969Read More...The price of gold swung up and down in late January but was near $1,245 both in the middle of the month and at the end. Short sellers likewise were moving into and out of leading gold stocks during the period. The most significant percentage swings happening to Agnico Eagle Mines (NYSE: AEM),...
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Short Sellers Flee Randgold, Pile On GoldCorp (GG, KGC, GOLD)
Thursday, January 30, 2014 - 8:33am | 936Read More...The price of gold rose from near $1,200 an ounce at the beginning of January to above $1,250 by the middle of the month. Short interest in leading gold stocks was mixed again in the period, with the most significant swings happening to GoldCorp (NYSE: GG), Kinross Gold (NYSE: KGC) and Randgold...
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Short Sellers Flee AngloGold Ashanti and Gold Fields (AU, GFI, AUY)
Tuesday, January 14, 2014 - 9:37am | 918Read More...The price of gold fell to less than $1,200 an ounce in December, the low for the year, but began to rise again as the year wound down. Short sellers again seemed to be looking for direction late in the month, as the swings in short interest were strong in many cases but mixed. The number of shares...
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Short Sellers Load Up On GoldCorp, Gold Fields (GFI, GG, HMY)
Friday, December 13, 2013 - 11:56am | 886Read More...The price of gold started November around $1,315 but declined to end the month to near $1,250. Short sellers again seemed to be looking for direction late in the month, as the swings in short interest were mixed. The number of shares sold short in GoldCorp (NYSE: GG), Gold Fields (NYSE: GFI) and...
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Gold Short Sellers Seek Direction (AU, NEM, NGD)
Thursday, November 14, 2013 - 3:26pm | 1046Read More...The price of gold bottomed in October below $1,270 only to rebound late in the month to more than $1,350. Short sellers seemed to be looking for direction, as the swings in short interest were mixed. The number of shares sold short in AngloGold Ashanti (NYSE: AU) and Newmont Mining (NYSE: NEM)...
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Short Interest In Harmony Gold Resumes Rise (EGO, HMY, KGC)
Saturday, October 26, 2013 - 3:57pm | 1048Read More...After fleeing from all the leading gold stocks in the previous period, short sellers found renewed interest in Harmony Gold Mining (NYSE: HMY) between the September 30 and October 15 settlement dates. The number of shares sold short in AngloGold Ashanti (NYSE: AU), New Gold (NYSE: NGD) and...
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Short Sellers Retreat From Gold Stocks (EGO, HMY, IAG)
Saturday, October 12, 2013 - 1:06pm | 985Read More...September ended with gold back under $1,300 an ounce, and short sellers fled from the leading gold stocks between the September 13 and September 30 settlement dates. Eldorado Gold (NYSE: EGO), Harmony Gold Mining (NYSE: HMY) and IAMGOLD (NYSE: IAG) saw their short interest plunge more than 60...
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Short Sellers Pile On Gold Fields And Other Gold Stocks (EGO, GFI, HMY)
Thursday, September 26, 2013 - 10:49am | 1035Read More...It seems the short sellers still were not through with the leading gold stocks between the August 30 and September 13 settlement dates. They dove in to Eldorado Gold (NYSE: EGO), Gold Fields (NYSE: GFI) and Harmony Gold Mining (NYSE: HMY), pushing short interest up by 75 percent or more. The...
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More Surges in Gold Stock Short Interest (AEM, GG, IAG)
Saturday, September 14, 2013 - 11:48am | 1038Read More...It seems the short sellers were not yet through with the leading gold stocks between the August 15 and August 30 settlement dates. They dove in to Agnico Eagle Mines (NYSE: AEM), GoldCorp (NYSE: GG) Harmony Gold Mining (NYSE: HMY), IAMGOLD (NYSE: IAG) and Yamana Gold (NYSE: AUY), pushing short...














