Blog

Eric Sprott

Eric Sprott: Founder of Sprott Asset Management (SAM) – Eric has over 40 years of experience in the investment industry and SAM manages over $7 billion. Eric has been stunningly accurate in his writings for over a decade, and is one of the most respected industry professionals who predicted the current crisis…

Dividend payers get a break from Fed decision

The Federal Reserve’s decision not to hike interest rates may have brought renewed volatility and a stock market selloff, but it also carved out breathing room for a couple of sectors: dividend payers and housing stocks. With 10-year Treasuries now yielding around 2.14 percent, the 2.2 percent dividend yield of the overall S&P 500 should appeal to income-hungry investors who are convinced interest rates will stay low for a while.

Volkswagen could face $18 billion penalties from EPA

WASHINGTON/DETROIT (Reuters) – Volkswagen AG faces penalties up to $18 billion after being accused of designing software for diesel cars that deceives regulators measuring toxic emissions, the U.S. Environmental Protection Agency said on Friday. “Put simply, these cars contained software that turns off emissions controls when driving normally and turns them on when the car is undergoing an emissions test,” Cynthia Giles, an enforcement officer at the EPA, told reporters

Ex-Ukraine PM Tymoshenko's U.S. racketeering lawsuit dismissed

By Jonathan Stempel NEW YORK (Reuters) – A Manhattan federal judge on Friday dismissed former Ukrainian prime minister and presidential candidate Yulia Tymoshenko’s civil lawsuit accusing her political opponents of running a U.S.-based racketeering enterprise that led to her imprisonment. U.S. District Judge Kimba Wood said Tymoshenko failed to show that the industrialist Dmytro Firtash and other defendants laundered money in the United States to help pay Ukraine prosecutors and

Silver Wheaton Receives TSX Approval for a Normal Course Issuer Bid

[PR Newswire] – VANCOUVER, Sept. 18, 2015 /PRNewswire/ – Silver Wheaton Corp. (“Silver Wheaton” or the “Company”) (SLW) (SLW) announces that the Toronto Stock Exchange (the “TSX”) has accepted the notice of Silver Wheaton’s intention to commence a normal course issuer bid (the “NCIB”). On September 14, 2015, Silver Wheaton announced its intention to seek TSX approval for an NCIB. This approval allows the Company to purchase up to 20,229,671