As we start the final week of July trading the bulls will be looking to continue the rally which has taken the DOW back above the 9000 level. I must admit I am surprised the markets have been able to rally on the earnings numbers that have been released so far during this earnings season.
In [...]
The DOW closes out the week above the 9000 level and investors appear to have hope that the worst is behind us and a new day is dawning. Yet I still hear that little voice in my head saying, “It ain’t so” and I have learned to listen.
The news of late has held some hope [...]
This is reporting season again. And almost without exception the companies are reporting very weak earnings but also without exception they are beating the revised estimates. And the market is responding by continuing the uptrend. Yesterday the DOW closed 8915.
So with DOW 9000 now on the horizon what can we expect. It would appear [...]
8:30AM Northgate Minerals (NXG) confirms discussions with Dioro Exploration NL (NXG) 2.30 : Co confirmed that it is currently engaged in advanced discussions with the Board of Directors of Dioro Exploration NLÂ regarding a potential material transaction. Northgate will provide further updates on the status of its discussions with the Dioro Board as appropriate [...]
After days of round-the-clock talks with regulators about a possible government bailout, CIT said those negotiations had ceased. The company said its management and directors were “evaluating alternatives.”
The decision not to save CIT is a defining moment for the Obama administration’s financial rescue program, headed by Treasury Secretary Timothy Geithner. By withholding aid, the administration [...]
A unique company with field to pump capabilities.
Verenium Corporation engages in the development and production of specialty enzyme products, and production and commercialization of biofuels. It operates in two segments, Biofuels and Specialty Enzymes.
Verenium’s Biofuels Business Unit combines world-class enzyme science with expertise in complex large-plant infrastructure, evidenced by our pilot and demonstration-scale facilities [...]
The Asian markets continued their slide in trading today with both the Heng Seng and Nikkei losing over 2.5%. The precious metals are following the markets with gold currently off $2.90 at $910.10 and silver down .09 to $12.56.
It appears the bears are back in control of the market and we could be in for [...]
A couple months ago as the DOW got back through the 8000 level and was a nice bounce off the 6500 lows but now once again we have DOW 8000 in sight. The only problem is we are asking will it hold.
It appears to me the market trend is still down and the bounce [...]
On Sunday Vice President Biden admitted that “we misread how bad the economy is”. Big surprise huh? It’s not like the individual consumer, worker and blogger has not been telling the world this for months now. Maybe they should spend a little more time reading the blog world if they want an accurate picture of [...]
Some good news after the bell for NXG shareholders:
VANCOUVER, July 2 /PRNewswire-FirstCall/ - Northgate Minerals Corporation (TSX: NGX, NYSE Amex: NXG) and the Matachewan First Nation are pleased to announce that the parties have signed an Impact and Benefits Agreement (”IBA”) for the Young-Davidson project located in Matachewan, Ontario. The IBA establishes a framework for [...]