Barrick Gold Corporation: The Lost Decade

Barrick Gold Corporation: The Lost Decade

Investing in the commodity sector is extremely difficult. Those who try will encounter two structural problems: the impossibility of predicting the price of the relevant raw material, whose fluctuations often defy logic; and typically the average profitability of mining companies, although we try to smooth it out over the cycle. The case of gold producers … Read more

A US judge has allowed the FTC to temporarily block IQVIA’s acquisition of DeepIntent

A US judge has allowed the FTC to temporarily block IQVIA's acquisition of DeepIntent

A US court on Friday upheld an order by the Federal Trade Commission (FTC) to block IQVIA’s acquisition of DeepIntent, a healthcare advertising company, on the grounds that it could harm competition. DeepIntent, owned by Propel Media, an advertising and digital media company, entered into a 2022 deal with US-based IQVIA to facilitate communication between … Read more

BlackRock, VanEck among asset managers to submit updated applications for bitcoin spot ETFs

BlackRock, VanEck among asset managers to submit updated applications for bitcoin spot ETFs

Asset managers hoping to be among the first to win approval to launch exchange-traded funds (ETFs) pegged to the spot price of bitcoin updated their filings with the Securities and Exchange Commission on Thursday and Friday, with market participants believing a decision from a regulatory body could be within reach. By late Friday afternoon, BlackRock … Read more

Roche buys part of LumiraDx diagnostic platform for $295 million

Roche buys part of LumiraDx diagnostic platform for $295 million

Swiss drugmaker Roche said Friday it has agreed to buy LumiraDx’s LumiraDx diagnostics platform for about $295 million. LumiraDx shares rose 20% to 76 cents in after-hours trading. The transaction is expected to be completed by mid-2024, after which the acquired segment will become part of Roche’s diagnostics unit, the drugmaker said. Under the terms … Read more

Cal-Maine egg producer buys Tyson chicken plant in Missouri

Cal-Maine egg producer buys Tyson chicken plant in Missouri

Egg producer Cal-Maine Foods said Friday it has agreed to buy a recently closed broiler processing, hatchery and feed plant in Dexter, Missouri, from Tyson Foods. Tyson, America’s largest meat producer by revenue, said in August it would close four of its chicken plants in states including Missouri to cut costs amid slowing demand for … Read more

Europe closes higher, Wall Street mid-session

Europe closes higher, Wall Street mid-session

Traders work in the IG index trading room by Augustine Turpin European stock markets ended Friday as Wall Street slipped into negative territory midway through the session amid sluggish trading on the final trading day of the year, optimism over a looming decline in bond rates. The major central banks continue to drive the markets, … Read more

The CAC 40 will sign an increase of 16.5% in 2023.

The CAC 40 will sign an increase of 16.5% in 2023.

The control room of Euronext, which manages the Paris stock exchange (AFP / ERIC PIERMONT) The flagship index of the Paris Stock Exchange, the CAC 40, ended 2023 at 7,543.18 points, a year-on-year gain of 16.52%, the third-best performance in the last decade, thanks mainly to the decline in inflation. The CAC 40 rose sharply … Read more

Stock market: Wall Street starts the last session of the year very slightly in the green

Stock market: Wall Street starts the last session of the year very slightly in the green

(Photo: Getty Images) MARKET OVERVIEW. The final session of the year started very mildly in the green on Friday on the New York Stock Exchange, with the Dow Jones trading at a record high while the S&P 500 is also near an all-time high. If you want to (again) consult market news Stock market indices … Read more

Stock market: what’s happening in the markets ahead of the opening on Friday, December 29

Stock market: what's happening in the markets ahead of the opening on Friday, December 29

(Photo: Getty Images) MARKET REVIEW. Global stock markets are moving in scattered order on Friday in what promises to be a quiet day – the last of a tumultuous 2023 for markets whose players are still waiting for a change in monetary policy from central banks. . Stock indices at 8:30. European stock indexes opened … Read more