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Calibre Mining's Largest Shareholder Opposes Equinox's $1.8 Billion Acquisition
Wednesday, March 19, 2025 - 7:17am | 576Equinox Gold's (AMEX:EQX) $1.8 billion acquisition of Calibre Mining (OTC:CXBMF) has hit a hurdle. A top shareholder in both companies publicly opposed the plan, citing synergy concerns. "We are not supportive of this transaction. We don't see any synergies between any of the companies' operations...
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Commodity Or Security? SEC Chairman Gary Gensler Gives His Take On Bitcoin
Monday, June 27, 2022 - 2:16pm | 496Gary Gensler, the Chairman of the Securities and Exchange Commission (SEC), stated that Bitcoin (CRYPTO: BTC) stands as the only cryptocurrency he would deem a commodity, considering others to be a security. What Happened: In an interview with CNBC on June 27, Gensler provided his insights on...
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What Happens When Cannabis Becomes A Commodity?
Thursday, May 20, 2021 - 12:10pm | 1133This article by Robert Hoban was originally published on Forbes and appears here with permission. I’m often asked to comment on whether or not cannabis will ever truly attain the status of a commodity. While the answer has generally been yes, we have a ways to go. First of all, it...
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BMO Upgrades Pilgrims Pride, Declares 'Winner Winner Chicken Dinner'
Tuesday, August 20, 2019 - 1:42pm | 292The bullish case for Pilgrim's Pride Corporation (NASDAQ: PPC) is based on a combination of internal initiatives and external tailwinds, according to BMO. The Analyst BMO Capital Markets analyst Kenneth Zaslow upgraded Pilgrim's Pride from Market Perform to Outperform with a price target...
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BMO: Enable Midstream 'Reasonably Valued'
Thursday, June 20, 2019 - 2:34pm | 379Enable Midstream Partners LP (NYSE: ENBL), an owner, operator and developer of natural gas and crude oil infrastructure assets, is "reasonably valued" due to continued headwinds, according to BMO Capital Markets. The Analyst Danilo Juvane initiated coverage of Enable...
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Commodity-Related Income Has Plunged At Large Banks
Tuesday, May 24, 2016 - 2:26pm | 270According to a report by Bloomberg, commodity-related revenue at the largest banks, including Goldman Sachs Group Inc (NYSE: GS), JPMorgan Chase & Co. (NYSE: JPM) and others, have plunged by a combined 40 percent year-over-year in the first three months of 2016. Bloomberg cited data from...
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Did A Huge Commodity Fund Blow Up Wednesday Afternoon?
Wednesday, January 13, 2016 - 6:28pm | 269Markets took a beating on Wednesday. This week, NYMEX Light Sweet Crude Oil futures fell below the $30 level and commodity-exposed names have been the wet dog in January. At the cash close for oil futures at 2:30 p.m. ET on Wednesday, there was a massive sell program running various stocks....
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Pointe Capital Management's Dan Willard On How Black Monday Affected MLPs
Tuesday, August 25, 2015 - 2:17pm | 395While investors and traders were focused on many of the tech and social media stocks that plunged on Monday, the MLP sector may have drifted under the radar. Speaking to Benzinga, Dan Willard of Pointe Capital Management stated that Monday was a "tough" day for MLPs with the index...
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Time to Consider Unexpected Downside Earnings Risk
Wednesday, December 15, 2010 - 2:58am | 713Just when everybody was gung-ho on the retail sector, particularly in electronics, Best Buy (NYSE: BBY) apparently did not share their enthusiasm, and posted lower than expected results and lowered its outlook, causing the stock to drop almost 15% on Tuesday. According to the company, the miss was...
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Jefferies Global Commodity Equity ETF (CRBQ) Celebrates Its One Year Anniversary In Style
Friday, October 8, 2010 - 4:46pm | 311The Jefferies Global Commodity Equity Index ETF (NYSE: CRBQ) has had quite a run up to celebrate its one year anniversary in late September. This was the first global commodity equity ETF on the market, and it through its first year being traded it has been met with little fanfare. Average daily...