Gold and gold stocks could see downside (GOLD, HMY, ABX, NEM, GFI, AU, AUY)
Gold stocks are a sector to watch for downside heading into the open on Monday, with spot prices declining in Asian trading, and crude oil indicating that many commodity-related assets could stumble at the open on a slightly stronger dollar. As of 8 a.m. Eastern, shares of Randgold Resources Ltd. (Nasdaq: GOLD) are down more [...]
PREMARKET ALERT: Spectrum Pharmaceuticals (SPPI)
Specrtum Pharmaceuticals (Nasdaq: SPPI) are 20% as of 7:45 a.m. Eastern on about 3,000 shares traded. The FDA asked for data from the company’s already completed Phase III study to support the company’s proposed labeling of its product Zevalin as a first-line consolidation therapy for treating non-Hodgkins lymphoma. No additional clinical studies have been requested. The [...]
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