Gold

JP Morgan has published a research report on MetroPCS (NYSE: PCS) after the company reported a weaker than expected quarter. In the report, JP Morgan writes, "Metro's 2Q11 net adds came at 199k vs. our 225k and consensus 254k (SA) – we believe buy-side expectations were higher. Upgrade rate looks...

Northgate Minerals Corporation (NYSE: NXG) announces positive results from the NI 43-101 Preliminary Assessment Report for its 100% owned Kemess Underground Project located in north-central British Columbia, approximately five kilometres from the Kemess South mine. The results from the...

JP Morgan has lowered the price target on Newmont Mining (NYSE: NEM) from $89 to $84 and maintains its Overweight rating.

Cusick's Corner Well the market initially thought that a deal on the Debt ceiling was very close to being made but the reality is that the data is weak and the market is taking notice. I spoke about that last week that we can see the debt, we can anticipate where it is going and the impact on...

The Yen and Franc tumbled while the Aussie soared after lawmakers struck a deal to raise the US debt limit, but ISM manufacturing data will test the bulls' resolve. Talking Points Japanese Yen, Swiss Franc Sold as US Leaders Strike Debt Deal US Dollar Torn Between Sentiment Trends,...

The dollar and underlying risk trends ended the week under extraordinary duress – as they should. The deficit impasse that the markets have been ringing their hands over for the past few weeks is now heading into the final stretch with two days of market down-time to shorten the trading calendar...

Quantum (NYSE: QTM) is trading down 11% after being cut to Neutral by Sterne Agee. Netgear (NASDAQ: NTGR) is trading down over 9% after quarterly results yesterday. Ancestry.com (NASDAQ: ACOM) is trading down over 7% after reporting earnings yesterday. Arch Coal (NYSE: ACI) is trading down over 7%...

Newmont Mining (NEM): Q2 EPS of $0.90 misses by $0.09. Revenue of $2.40B (+10.7% Y/Y) misses by $110M. Calpine (CPN): Q2 EPS of -$0.14 misses by $0.15. Revenue of $1.63B (+14% Y/Y) beats by $180M. Aon Corporation (AON): Q2 EPS [...]

This is your Benzinga news summary and traders' outlook for Friday, July 29, 2011, covering headlines from overnight and Friday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower as traders worry about when the decision on the debt ceiling will be...

Newmont Mining Corp (NYSE: NEM) reported a 1.3% rise in its Q2 profit attributable to shareholders. Newmont's quarterly profit rose to $387 million from $382 million. Its earnings per share came in at $0.77. Its adjusted net income came in at $0.90 per share. Newmont's total sales climbed 11% to...

Cusick Corner Gridlock continues and hedging was the name of the game. This will be short because this budget impasse makes trading or investing dicey at best. If we go into the weekend with no resolution and more politicking, volatility will continue to grow and further uncertainty will turn into...

This is your Benzinga news summary and traders' outlook for Thursday, July 28, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading flat as traders wait for the decision on the debt ceiling and the weekly...

Dahlman Rose reiterated its Buy rating on Allied Nevada Gold (NYSE: ANV). At the same time, the rating agency left its price target on the company's stock unchanged at $53.76. On Wednesday, ANV closed the day at $38.43.

BMO provided color on Rubicon Minerals (NYSE: RBY). In a research report published today, BMO commented on Agnico Eagle's (NYSE: AEM) purchase of a stake in the company. In the report, BMO states, “Rubicon announced that Agnico-Eagle (AEM-NYSE; AEM-TSX) has agreed to purchase 21.7M RMX shares at...

Newmont Mining Corporation (NYSE: NEM) announced today that its Board of Directors declared a regular quarterly dividend of $0.30 per share of common stock, an increase of 50% over the $0.20 dividend paid in the second quarter 2011, and an increase of 100% over the third quarter 2010 dividend. The...