Breaking News Instant updates and real-time market news.

GOLD

Barrick Gold

$16.05

0.2 (1.26%)

19:08
07/09/19
07/09
19:08
07/09/19
19:08

Barrick Gold says reviewing SRK report on Acacia

Barrick Gold provided an update in relation to Acacia Mining. Barrick has continued to discuss the proposal to acquire all of the Acacia shares it does not already own through a share for share exchange of 0.153 Barrick shares for each ordinary share of 10 pence each in Acacia with the Independent Directors and the Chief Executive Officer of Acacia. Barrick said it is confirming that, having so requested of the board of Acacia and following a subsequent request from Acacia to the UK Takeover Panel, the Panel has, under Rule 2.6 (c) of the Takeover Code, approved an extension of the deadline for the announcement of a firm intention to make a firm offer under Rule 2.7 of the Code to 5:00 p.m. on July 19, 2019. Barrick notes that the report by SRK Consulting Limited on Acacia's geological and resource modelling, and the preparation of its Life of Mine plans and mineral resource and reserve statements, was also published today. Barrick is currently reviewing this report against its own due diligence study of Acacia's assets. Barrick notes that the risk factors listed in the SRK report corroborate the importance of the issues raised in "Barrick's View of Acacia's Mine Plans" as set forth in Barrick's June 18, 2019 press release, not least since the valuations of Bulyanhulu assume the successful conversion of a large portion of deep high grade inferred mineral resources to mineral reserve. Barrick intends to meet early next week with representatives of Acacia and SRK to discuss the SRK report and related matters. Shareholders will be provided with an update not later than the end of next week.

GOLD Barrick Gold
$16.05

0.2 (1.26%)

04/10/19
DBAB
04/10/19
UPGRADE
Target $15
DBAB
Buy
Deutsche upgrades Barrick to Buy on more favorable gold view
Deutsche Bank analyst Chris Terry upgraded Barrick Gold to Buy from Hold and raised his price target for the shares to $15 from $12.75. The analyst cites valuation for the upgrade after his firm's increased its view on gold prices. Further, he believes cost-out opportunities, synergies in Nevada and potential divestment opportunities that could provide positive catalysts for Barrick shares.
05/23/19
SBSH
05/23/19
DOWNGRADE
SBSH
Neutral
Barrick Gold downgraded to Neutral from Buy at Citi
05/23/19
SBSH
05/23/19
NO CHANGE
Target $12.5
SBSH
Neutral
Citi upgrades Newmont, downgrades Barrick on resumption of coverage
Citi analyst Alexander Hacking resumed coverage of Barrick Gold and downgraded the shares to Neutral from Buy while lowering his price target to $12.50 from $14. He also resumed coverage of Newmont Mining (NEM) and upgraded the shares to Buy from Neutral while raising his price target for the shares to $40 from $36. The gold sector remains challenged, but Newmont offers better value than Barrick, Hacking tells investors in a research note. After applying Barrick's 1.2 times multiple to Newmont's holdings in the joint venture assets, the analyst sees Newmont's other assets trading at only 0.76 times net asset value. This could be re-rated higher as the market starts to incorporate the joint venture into models, says Hacking.
07/03/19
BMOC
07/03/19
UPGRADE
Target $20
BMOC
Outperform
Barrick Gold resumed with an Outperform from Market Perform at BMO Capital
BMO Capital analyst Andrew Kaip upgraded Barrick Gold (GOLD) to Outperform from Market Perform and raised his price target for the shares to $20 from $14.50 after resuming coverage of the name. The formation of the Nevada joint venture is a positive for Barrick as the synergies derived from consolidating the Nevada operations with Newmont Goldcorp (NEM) "unlock value," Kaip tells investors in a research note. The analyst this morning also downgraded Newmont Goldcorp to Market Perform from Outperform. He's confident the near-term benefits of the venture outweigh the risks for Barrick.

TODAY'S FREE FLY STORIES

08:55
07/18/19
07/18
08:55
07/18/19
08:55
Conference/Events
House Judiciary Committee to hold a hearing »

The Subcommittee on…

MNKD

MannKind

$1.04

-0.055 (-5.05%)

08:54
07/18/19
07/18
08:54
07/18/19
08:54
Hot Stocks
MannKind repays maturing debt obligation »

MannKind Corporation…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AMZN

Amazon.com

$1,992.41

-17.59 (-0.88%)

08:54
07/18/19
07/18
08:54
07/18/19
08:54
Periodicals
Amazon's Go outlets in Chicago falling short of expectations, Bloomberg reports »

Amazon's Go…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Jul

WP

Worldpay

$132.28

1.07 (0.82%)

08:52
07/18/19
07/18
08:52
07/18/19
08:52
Initiation
Worldpay initiated  »

Worldpay assumed with a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ONEXF

Onex

$0.00

(0.00%)

08:52
07/18/19
07/18
08:52
07/18/19
08:52
Hot Stocks
Onex to sell Jack's Family Restaurants, terms not disclosed »

Onex Corporation and its…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

EBAY

eBay

$39.03

-0.87 (-2.18%)

, FB

Facebook

$201.97

-1.9 (-0.93%)

08:51
07/18/19
07/18
08:51
07/18/19
08:51
Recommendations
eBay, Facebook analyst commentary  »

eBay price target raised…

EBAY

eBay

$39.03

-0.87 (-2.18%)

FB

Facebook

$201.97

-1.9 (-0.93%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jul

WEX

Wex

$218.50

0.11 (0.05%)

08:51
07/18/19
07/18
08:51
07/18/19
08:51
Initiation
Wex initiated  »

Wex assumed with a Hold…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

MYOK

MyoKardia

$49.90

-0.21 (-0.42%)

08:50
07/18/19
07/18
08:50
07/18/19
08:50
Hot Stocks
MyoKardia expects cash, cash equivalents to fund operations into 2H21 »

MyoKardia's cash…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 09

    Sep

V

Visa

$179.16

-0.14 (-0.08%)

08:50
07/18/19
07/18
08:50
07/18/19
08:50
Initiation
Visa initiated  »

Visa assumed with a Buy…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Jul

TSS

TSYS

$133.04

0.06 (0.05%)

08:50
07/18/19
07/18
08:50
07/18/19
08:50
Initiation
TSYS initiated  »

TSYS assumed with a Buy…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CIR

Circor

$37.12

-1.22 (-3.18%)

08:50
07/18/19
07/18
08:50
07/18/19
08:50
Upgrade
Circor rating change  »

Circor upgraded to Buy…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 01

    Aug

MYOK

MyoKardia

$49.90

-0.21 (-0.42%)

, SNY

Sanofi

$41.57

-0.25 (-0.60%)

08:49
07/18/19
07/18
08:49
07/18/19
08:49
Hot Stocks
MyoKardia re-acquires U.S. royalty rights to HCM programs from Sanofi »

MyoKardia (MYOK)…

MYOK

MyoKardia

$49.90

-0.21 (-0.42%)

SNY

Sanofi

$41.57

-0.25 (-0.60%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 29

    Jul

  • 09

    Sep

  • 16

    Sep

  • 23

    Sep

  • 02

    Oct

SQ

Square

$80.81

0.23 (0.29%)

08:49
07/18/19
07/18
08:49
07/18/19
08:49
Initiation
Square initiated  »

Square assumed with a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 01

    Aug

TMDI

Titan Medical

$2.19

-0.025 (-1.13%)

08:49
07/18/19
07/18
08:49
07/18/19
08:49
Hot Stocks
Titan Medical completes GLP procedures with single-port robotic surgery system »

Titan Medical announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

PYPL

PayPal

$118.80

-0.88 (-0.74%)

08:49
07/18/19
07/18
08:49
07/18/19
08:49
Initiation
PayPal initiated  »

PayPal assumed with a Buy…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jul

MYOK

MyoKardia

$49.90

-0.21 (-0.42%)

08:48
07/18/19
07/18
08:48
07/18/19
08:48
Hot Stocks
MyoKardia expects to report topline data from EXPLORER-HCM trial in 2Q20 »

MyoKardia announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 09

    Sep

MA

MasterCard

$275.34

-1.1 (-0.40%)

08:48
07/18/19
07/18
08:48
07/18/19
08:48
Initiation
MasterCard initiated  »

MasterCard assumed with a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 30

    Jul

GDOT

Green Dot

$47.85

-0.525 (-1.09%)

08:47
07/18/19
07/18
08:47
07/18/19
08:47
Initiation
Green Dot initiated  »

Green Dot assumed with a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

GPN

Global Payments

$165.06

0.215 (0.13%)

08:47
07/18/19
07/18
08:47
07/18/19
08:47
Initiation
Global Payments initiated  »

Global Payments assumed…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 30

    Jul

  • 13

    Nov

FLT

FleetCor

$289.72

-1.21 (-0.42%)

08:46
07/18/19
07/18
08:46
07/18/19
08:46
Initiation
FleetCor initiated  »

FleetCor assumed with a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

GPC

Genuine Parts

$102.27

-3.07 (-2.91%)

08:46
07/18/19
07/18
08:46
07/18/19
08:46
Earnings
Genuine Parts updates FY19 revenue growth view to 4.5%-5.5%, consensus $19.55B »

The company said,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 18

    Jul

  • 06

    Aug

SPNE

SeaSpine

$12.73

(0.00%)

08:45
07/18/19
07/18
08:45
07/18/19
08:45
Hot Stocks
SeaSpine announces release of OsteoStrand, OsteoStrand Plus DBM Fibers »

SeaSpine Holdings…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

APHA

Aphria

$6.56

0.26 (4.13%)

, SAP

SAP

$134.22

-0.9 (-0.67%)

08:45
07/18/19
07/18
08:45
07/18/19
08:45
Options
Largest borrow rate increases among liquid names »

Latest data shows the…

APHA

Aphria

$6.56

0.26 (4.13%)

SAP

SAP

$134.22

-0.9 (-0.67%)

OSTK

Overstock.com

$18.90

1.13 (6.36%)

SIL

APEX Silver Mines

$28.29

1.23 (4.55%)

FCEL

FuelCell

$0.31

-0.014 (-4.38%)

TZA

Small Cap Bear 3x

$46.85

1.05 (2.29%)

TLT

iShares 20+ Year Treasury Bond Fund

$131.99

1.42 (1.09%)

SQQQ

ProShares UltraPro Short QQQ

$32.21

0.42 (1.32%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 18

    Jul

  • 01

    Aug

  • 01

    Aug

08:45
07/18/19
07/18
08:45
07/18/19
08:45
General news
U.S. initial jobless claims rose 8k to 216k in the week ended July 13 »

U.S. initial jobless…

MS

Morgan Stanley

$43.78

-0.63 (-1.42%)

08:44
07/18/19
07/18
08:44
07/18/19
08:44
Hot Stocks
Breaking Hot Stocks news story on Morgan Stanley »

Morgan Stanley CFO says…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 18

    Jul

  • 11

    Sep

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.