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Eldorado Gold Corporation

Two natural gas plays we like: Range Resources and SouthWestern Energy

Economic indicators show that the recovery in the US economy is well underway. According to the Commerce Department consumer spending increased 0.7% in February which is the biggest gain in five months.Despite the Conference board's weaker consumer confidence numbers, the housing sector seems to be in the midst of a solid recovery as both single-family home-starts and builder permits were significantly up in February (year-over-year).The labor market conditions have been also showing signs of improvement as companies seem to have started hiring. The recent Cypriot crisis did not seem to be a major risk to the US economy.Although we believe the GDP growth in 2013 will be dampened by the cutbacks in federal spending, there seems to be a strong momentum both in investment and private consumption thanks to stronger job numbers and a slight increase in wages.These positive economic developments are accompanied by a fall in inflation expectations and rising company earnings. However, despite...

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  1. Canada Stocks Up, Canadian Oil Sands Profit Sinks

    Canadian equities experienced small gains and losses Monday, with the S&P/TSX benchmark index inching 7 points higher, or 0.6%, at 11,774. A 0.6% gain in information...

  2. Vale, Petroleo Brasileiro Among Stocks hitting 52-Week Lows Monday

    Here are nine stocks that fell to 52-week lows:The share price of Vale (NYSE:VALE) slid today, reaching and then falling even farther past its previous 52-week low o...

  3. Basic Materials Sector Wrap

    During trading today, the Basic Materials sector (XLB) showed little change while the S&P 500 fell 0.4%.Innospec (NASDAQ:IOSP) rose 7.4% to close at $31.20, cross it...

  4. Gold and Silver Miners Put Real Money Where Their Mouth Is

    In precious metals, it has been a trying time for miner investors. Despite gains in bullion prices, gold and silver miners have lagged behind. Since January 2011, th...

  5. Citigroup, Alpha Natural Resources Among Stocks hitting 52-Week Lows Monday

    Nine stocks hit to 52-week lows:While trading on above-average volume, Citigroup (NYSE:C) decreased today, hitting and then dropping past its previous 52-week low to...

  6. Value Of Mining M&A Up 50% In 2011 To $100 Billion - KPMG

    The value of merger and acquisition activity in the global mining sector surged by around 50% last year to top $100 billion, helped by a recovery in transaction valu...

  7. Eldorado Buys European Goldfields for $2.5B

    Shares of Eldorado Gold (NYSE:EGO) were trading down nearly 12% on Monday after the company announced plans to buy European Goldfields in a cash-and-stock deal value...

  8. Stocks Lose Early Gains

    FBN's Sandra Smith breaks down late-morning market news.

  9. European Goldfields Agrees To Eldorado C$2.5B Bid

    European Goldfields Ltd., the miner with gold and other metals interests in Europe, agreed to be acquired by Eldorado Gold Corp. for about C$2.5 billion (US$2.41 bil...

  10. Canada Shares Up; Central Bank Stands Pat On Rates

    SAN FRANCISCO - Canadian stocks edged higher Tuesday after the Bank of Canada maintained its overnight rate at 1% as had been widely expected. "The global economic r...

  11. INTERVIEW-UPDATE 2-Andean CEO: Goldcorp still top bid on table

    * Sees speculaters driving Andean shares over offer price (Adds details)By James ReganSYDNEY, Sept 7 (Reuters) - Goldcorp's C$3.6 billion ($3.5billion) takeover offe...

  12. Andean Resources jumps 10 pct on bidding war talk

    * Rivals may top Goldcorp's C$3.6 bln agreed offer -analysts* Andean reserves could rise 50-70 pct-analysts (Adds closing share price in Sydney)SYDNEY, Sept 6 (Reute...

  1. Market Wrap for Tuesday, April 2: Stocks Jump After Factory Data Beats Estimates

    Stocks continued their climb into record-high territory on Tuesday as investors reacted favorably to a better than expected factory orders report.Although official f...

  2. Greece to Approve Eldorado Gold Project After Vandal Attack on Mine

    Greece's government is vowing to speed up approval for a gold mine in the country's north in a bid to calm Canadian miner Eldorado Gold Corp.'s (EGO) concerns about ...

  3. Masked Intruders Raid Controversial Gold Mining Project in Greece

    Masked intruders have attacked offices and machinery at a controversial gold mine project in northern Greece, marking the latest opposition by residents."A group of ...

  4. Are Hedge Funds Still Interested In Gold?

    The price of gold suffered a decline in the fourth quarter of 2012 from $1,800 to $1,650 an ounce. However, several well-known hedge funds are still maintaining expo...

  5. Are Hedge Funds Still Interested in Gold?

    All three major U.S. equity indices are currently on a losing streak, but the price of gold has been relatively strong. The precious metal recently logged one of its...

  6. Qatar Looking at Morgan Stanley Commodity Unit

    Qatar's sovereign wealth fund is "seriously looking" at a potential investment in the commodities trading unit of Morgan Stanley (MS), the country's Prime Minister s...

  7. Gold Makes New 2012 High, Miners Soar

    On Thursday, gold ( NYSEARCA:GLD ) futures for December delivery increased $16.70 to settle at $1,796.50 per ounce, while silver ( NYSEARCA:SLV ) jumped 41 cents to ...

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