Goldcorp inc. officially inaugurates its Éléonore Mine, a world-class gold mine in Northern Québec
[CNW Group] – Goldcorp inc. officially inaugurates its Éléonore Mine, a world-class gold mine in Northern Québec
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Eldorado Gold (EGO) Stock Gains on Earnings Beat
The Dollar Continues to Adversely Affect Gold
Gold, Commodities And The $2.7 Trillion Problem As Mutual Fund Cash Levels Hit An All-Time Low
With the dollar falling and gold rallying off the lows, today a legend in the business sent King World News a powerful piece discussing a $2.7 trillion problem, commodities, gold and mutual fund cash levels being at an all-time record low.
Dow, S&P dragged down by poor earnings from Exxon, Chevron
Exxon Mobil shares fell 4 percent to $79.52 while Chevron was down 4.2 percent at $89.06 after quarterly profits slumped on falling oil prices. Amgen rose 4.7 percent to $179.64 after the world’s largest biotechnology company reported higher-than-expected second-quarter results. Wall Street opened higher after an historically weak reading of U.S wage growth lent weight to the view that the Fed could delay a rate increase.
Exxon profit falls by half but production rises
NEW YORK (AP) — Exxon Mobil Corp. profit dropped by half in the second quarter on sharply lower oil and gas prices around the world, but the company’s oil and gas production, which has been generally declining in recent years, surged.
Chevron misses 2Q profit forecasts
Chevron Corp. (CVX) on Friday reported second-quarter earnings of $571 million. On a per-share basis, the San Ramon, California-based company said it had net income of 30 cents. The results missed Wall …
Chevron profit tumbles 90 percent, misses estimates; shares drop
Second-quarter profit at oil producer Chevron Corp tumbled 90 percent, missing analysts’ expectations, amid weakness in oil prices . Chief Executive John Watson bluntly said the results were “weak” and that he was working to slash costs by renegotiating supply contracts. Chevron earned a net income of $571 million, or 30 cents a share, compared with $5.67 billion, or $2.98 per share, a year earlier.
Goldcorp (GG) Earnings Report: Q2 2015 Conference Call Transcript
Exxon quarterly profit slides 52 percent on low prices
(Reuters) – Exxon Mobil Corp , the world’s largest publicly traded oil company, on Friday reported a 52 percent slide in second-quarter profit as tumbling crude oil prices weighed on results.