Global News

Drilling commences at Soledad Gold-Silver-Copper prospect in central Peru Mariana Resources, the AIM quoted exploration and development company focused in Peru and southern Argentina, has commenced a 2000m drilling programme at the Soledad gold-silver-copper Prospect in Peru. The Project is located in the prospective Cordillera Negra metallogenic province approximately 34 km to the south of...

My day did not end well yesterday. In my ADVFN story, “How Will Weak US Economy Affect Us?” I warned of gloom and doom on the world economic scene as a result of a weak US first quarter.  I pointed to the Dow Jones, the S&P, and the Nasdaq all opening down following the release […]

“You’re battling your fear, your greed, your hope. All those human emotions are your challenge.” Forex trading is as rewarding as it’s challenging. For those who’ve mastered the art of trading, it’s an unlimited ATM machine. However, certain conditions must be met before the ATM machine can be unlocked. According to one writer, you don’t […]

There are not many happy headlines this morning in the US after markets opened sharply lower on reports that “The U.S. economy slowed in the first quarter to one of the weakest paces of the five-year recovery .” Against an expectation of a 1.1% increase in GDP, the US gained a mere 0.1%. Combine that with […]

The London market has closed for the day, but on the left side of the Atlantic MGM Resorts International (NYSE:MGM) investors are having a party.  MGM’s share price is up 8.58% in early afternoon trading to 24.995 following the company’s first quarter financial results. Yesterday MGM wowed its investors – and a whole lot of […]

Over 800 shareholders heard Barclays’ (LSE:BARC) Chairman, Sir David Walker say exactly that this morning at the banks AGM at Royal Festival Hall today. In fact, what he said was, “”Bonuses up, profits down. Not a headline we would have chosen.” I beg to differ, as I usually do. I would most respectfully submit that […]

Is Tedd Kozel practicing for the next Olympic bobsled competition? Because it’s hard to find anything else sliding downhill at the same speed, unless it is Gulf Keystone’s (LSE:GKP) share price! No one else seems to know why, so my guess is as good as anyone else’s. The GKPshare price dropped 6.27% to 86.00 during […]

Boeing’s share price (NYSE:BA) is up 2% today to 130.10, the highest that it has been since 03 March. Since falling below the 130.00 mark on 29 January, it has broken the barrier only three times before today. Boeing stock closed yesterday at 127.55, opening this morning at 130.75, following a spate of major announcements […]

Planning to focus on giant Prudhoe Bay oilfield and progressing Alaska LNG opportunity BP has agreed to sell interests in four BP-operated oilfields on the North Slope of Alaska to Hilcorp. The sale agreement includes all of BP’s interests in the Endicott and Northstar oilfields and a 50 percent interest in each of the Liberty […]

The usual, quiet, long Easter weekend has passed and the markets have opened to a roar from the pharmaceutical sector that one would expect to accompany the announcement of a new drug that both cures cancer and encourages erections that last more than four hours. Let’s identify the companies first, then try to sort it […]