Stock Market News for March 24, 2016
Zacks Equity Research - Zacks Investment Research - Thu Mar 24, 9:10AM CDT
Benchmarks closed in the red on Wednesday following losses in energy and materials stocks due to decline in crude prices
NKE: 61.65 (-0.79), FCX: 10.11 (+0.36), NEM: 25.40 (+0.42), COP: 40.04 (+0.19), XOM: 83.98 (+0.23), AA: 9.57 (+0.25), PXD: 139.19 (+2.42), LYB: 85.37 (+0.66), GILD: 91.32 (+1.24), IBM: 147.95 (+2.55), CHK: 4.25 (+0.12), MRK: 53.07 (-0.01), EOG: 74.30 (-0.04), DD: 63.95 (+0.20), OXY: 68.51 (+0.22), CVX: 94.85 (+1.26)
Nike and Newmont Mining fall; Pepco, Health Net rise
AP - Wed Mar 23, 3:55PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq stock market:
POM: 26.93 (+5.69), GILD: 91.32 (+1.24), NKE: 61.65 (-0.79), CERU: 2.72 (-0.10), FRED: 14.42 (+0.34), RHT: 73.24 (+0.70), NEM: 25.40 (+0.42), HNT: 67.19 (+2.38)
Stocks Lower In Afternoon, But Inphi Clears Buy Point
at Investor's Business Daily - Wed Mar 23, 2:11PM CDT
Stocks remained lower Wednesday afternoon, as investors weighed the potential impact of the previous day's deadly terrorist bombings in Belgium. The Nasdaq was down 0.9%, hurt by declines in biotech stocks, while the S&P 500 lost 0.5%, and the Dow...
OLED: 51.68 (+0.51), IPHI: 33.51 (+0.57), FCX: 10.11 (+0.36), NEM: 25.40 (+0.42)
Kinross Responds to SMA Notification for Maricunga Mine
Zacks Equity Research - Zacks Investment Research - Wed Mar 23, 1:15PM CDT
Kinross Gold Corporation's (KGC) fully-owned subsidiary, Compania Minera Maricunga ("CMM"
ABX: 13.56 (+0.29), KGC: 3.02 (+0.08), NEM: 25.40 (+0.42), GG: 15.78 (+0.37)
Newmont Mining (NEM) Stock Plummets After Gold Prices Slide
at The Street - Wed Mar 23, 10:36AM CDT
Newmont Mining (NEM) stock is plunging following a decline in gold prices, the result of a stronger dollar.
NEM: 25.40 (+0.42)
Newmont Mining (NEM) Approaches New Downside Target of $26.38
Comtex SmarTrend(R) - Wed Mar 23, 8:37AM CDT
Shares of Newmont Mining (NYSE:NEM) have bearishly opened below the pivot of $27.59 today and have reached the first support level of $26.88. Analysts will be watching for a cross of the next downside pivot targets of $26.38 and $25.17.
NEM: 25.40 (+0.42)
SmarTrend Watching for Potential Rebound in Shares of Newmont Mining After 1.59% Loss
Comtex SmarTrend(R) - Tue Mar 22, 12:46PM CDT
Newmont Mining (NYSE:NEM) traded in a range yesterday that spanned from a low of $27.22 to a high of $28.29. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $27.40 on volume of 3.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
NEM: 25.40 (+0.42)
Newmont Mining Set to Possibly Rebound After Yesterday's Selloff of 1.59%
Comtex SmarTrend(R) - Tue Mar 22, 12:44PM CDT
Newmont Mining (NYSE:NEM) traded in a range yesterday that spanned from a low of $27.22 to a high of $28.29. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $27.40 on volume of 3.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
NEM: 25.40 (+0.42)
Uptrend Call Working As Newmont Mining Stock Rises 47.6% (NEM)
Comtex SmarTrend(R) - Tue Mar 22, 12:11AM CDT
SmarTrend identified an Uptrend for Newmont Mining (NYSE:NEM) on January 27th, 2016 at $18.83. In approximately 2 months, Newmont Mining has returned 47.58% as of today's recent price of $27.79.
NEM: 25.40 (+0.42)
Will Newmont Mining (NEM) Stock Be Pressured by Falling Gold Prices?
at The Street - Mon Mar 21, 1:05PM CDT
Newmont Mining (NEM) stock is edging higher on Monday afternoon despite lower gold prices.
NEM: 25.40 (+0.42)
The Zacks Analyst Blog Highlights: Freeport-McMoRan, Newmont Mining, Michael Kors Holdings, Spectra Energy and Kinder Morgan
Zacks Equity Research - Zacks Investment Research - Mon Mar 21, 8:30AM CDT
The Zacks Analyst Blog Highlights: Freeport-McMoRan, Newmont Mining, Michael Kors Holdings, Spectra Energy and Kinder Morgan
KMI: 18.09 (+0.34), SE: 30.44 (+0.04), FCX: 10.11 (+0.36), NEM: 25.40 (+0.42), KORS: 55.53 (-0.40)
Why These Gold Stocks Hit our Radar - AUY, GG, NEM, and GFI
ACCESSWIRE - Mon Mar 21, 8:00AM CDT
NEW YORK, NY / ACCESSWIRE / March 21, 2016 / Given the current volatility within the markets, many investors are seeking the safe haven status that the Gold Mining industry represents in times like these, as gold price move higher and brings growth opportunities. Today, ValuableInvestment.com turns its attention on four great equities: Yamana Gold Inc. (NYSE: AUY), Goldcorp Inc. (NYSE: GG), Newmont Mining Corp. (NYSE: NEM), and Gold Fields Ltd. (NYSE: GFI). Find out more about how you can make money trading these names at:
GFI: 3.64 (+0.11), NEM: 25.40 (+0.42), AUY: 2.92 (+0.03), GG: 15.78 (+0.37)
10 S&P 500 Companies With the Biggest 4Q Earnings Misses
at The Street - Sat Mar 19, 11:00AM CDT
These 10 S&P 500 companies widely missed analysts' estimates, according to data from S&P Global Markets Intelligence. Were expectations too high?
AMZN: 582.95 (+13.32), GME: 30.27 (-0.10), BWP: 13.77 (-0.06), L: 38.36 (-0.28), NEM: 25.40 (+0.42), ETE: 7.00 (-0.15), TIF: 70.93 (-1.05), PVH: 94.29 (+6.66), PCLN: 1,301.19 (-4.92), VTR: 60.96 (-0.23), NOV: 31.15 (-0.23), DO: 21.96 (+0.06), AIZ: 77.18 (-0.78), EQIX: 320.75 (+1.39), EXPE: 107.69 (-1.30), WMB: 15.35 (-0.91), CVX: 94.85 (+1.26), CNA: 31.23 (-0.47), WPZ: 18.45 (-0.76)
Markets Back to Breakeven Thanks to 5 Large Caps
Zacks Equity Research - Zacks Investment Research - Fri Mar 18, 1:13PM CDT
We have zeroed in on five large-cap stocks that are the biggest winners on a year-to-date basis and in the process helped the broader markets to climb higher.
FDX: 162.65 (+0.02), KMI: 18.09 (+0.34), GE: 31.11 (+0.04), SE: 30.44 (+0.04), FCX: 10.11 (+0.36), NEM: 25.40 (+0.42), KORS: 55.53 (-0.40), CAT: 75.29 (+1.61), BA: 132.12 (-0.74)
5 Best Basic Materials Stocks in the Market Today
Zacks Equity Research - Zacks Investment Research - Thu Mar 17, 1:54PM CDT
Materials stocks have emerged as an attractive investment option once again after being out of favor in 2015.
GSS: 0.45 (+0.02), KMG: 22.64 (-0.40), ABX: 13.56 (+0.29), AU: 13.05 (+0.20), SSRI: 5.46 (+0.13), NEM: 25.40 (+0.42), SBGL: 14.62 (+0.51)
Newmont Mining (NEM) Stock Rising as Gold Prices Rally
at The Street - Thu Mar 17, 1:36PM CDT
Newmont Mining (NEM) stock is higher on Thursday afternoon as gold prices get a boost from a weak dollar and the Federal Reserve’s decision to keep interest rates the same.
NEM: 25.40 (+0.42)
Gold Mining ETF (RING) Hits New 52-Week High
Sweta Killa - Zacks Investment Research - Thu Mar 17, 8:59AM CDT
This gold mining ETF hits new one-year high. Are more gains in store for this ETF?
RING: 8.28 (+0.08), ABX: 13.56 (+0.29), NEM: 25.40 (+0.42), GG: 15.78 (+0.37)
Newmont Announces First Quarter 2016 Earnings Call
Business Wire - Wed Mar 16, 5:38PM CDT
Newmont Mining Corporation (NYSE: NEM) announced it will report first quarter 2016 operations and financial results after the market closes on Wednesday, April 20, 2016. A conference call will be held on Thursday, April 21, 2016 at 10:00 a.m. Eastern Time (8:00 a.m. Mountain Time); it will also be carried on the Company's website.
NEM: 25.40 (+0.42)
'Mad Money' Lightning Round: Take CSX Over Trinity Industries
at The Street - Wed Mar 16, 5:00AM CDT
Cramer says AMN Healthcare is the best at what it does and he prefers Randgold Resources over Newmont Mining.
SWKS: 76.20 (-0.10), GOLD: 90.10 (+1.60), TRN: 18.52 (+0.19), NEM: 25.40 (+0.42), AHS: 31.90 (-0.16), NXPI: 81.25 (+0.03), CSX: 26.17 (+0.31), MMP: 68.24 (+0.69), AVGO: 153.00 (+0.01)