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A Gold Trade Investors Can't Refuse---Even if They Want To

published about 1 hour ago
London-listed gold miner Polyus gives investors another hard lesson in why they should stay away from emerging-markets resources stocks with small free floats.

ECB Ready to Expand Stimulus Programs

published about 1 hour ago
European Central Bank President Mario Draghi indicated that the bank stands ready to expand its stimulus programs if slowdowns in large developing economies and turbulence in financial markets hinder its ability to boost inflation to a target of just under 2%.

Analysis: The ECB’s September Press Conference

published about 2 hours ago
The ECB left interest rates unchanged at record lows amid a sluggish eurozone economy and persistently weak inflation. Investors are looking for clues on whether thinking on stimulus has changed in light of turbulent financial markets and worries about China.

What Factors Can Drive Growth For Las Vegas Sands' Macau Hotel Operations?

published about 2 hours ago
While we believe that the ADR will trend downwards in the near term due to a slowdown in Macau gaming, we expect it to grow north of pre-recession levels by the end of the decade. This growth will be led by an increased capacity and higher demand for gaming. Better-than-expected growth in the company's Macau hotel operations could further add incremental revenues of more than $500 million over our current forecast. This could trigger a 5% upside to the stock, ... more

U.S. trade deficit smallest in five months

published about 2 hours ago
U.S. trade deficit smallest in five months
The U.S. trade deficit fell in July to its lowest level in five months as exports rose, signaling underlying strength in the economy amid concerns about a global growth slowdown. The Commerce Department said on Thursday the trade gap narrowed 7.4 percent to $41.9 billion, the smallest since February. June's trade deficit was revised to $45.2 billion from the previously reported $43.8 billion.