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Adam Sarhan Reuters Quote: Gold posts best week since January on stimulus hopes
By Frank Tang NEW YORK | Fri Aug 24, 2012 3:57pm EDT (Reuters) – Gold prices ended flat on Friday as the market took a breather after surging to a four-month high on Thursday on fresh hopes for a new round of U.S. monetary stimulus. Platinum posted a second strong week of gains, up 5 percent, and…
Adam Sarhan Int'l Business Times Quote: Facing Bankruptcy, RadioShack Corporation (RSH) Future Depends On Branding
By Angelo Young @angeloyoung_ a.young@ibtimes.com on January 16 2015 8:15 AM RadioShack Corporation once filled a comfortable niche in a world where consumers bought small electronics items — batteries, cords and transistor radios — in neighborhood stores. Now, the very name of the 94-year-old retail franchise reflects its age and its struggle to keep pace…
Adam Sarhan Reuters Quote: US SMALL/MIDCAPS-Small-caps rally but Wendy's tumbles
By Ryan Vlastelica NEW YORK | Mon Oct 1, 2012 11:57am EDT Oct 1 (Reuters) – Small cap stocks rallied on Monday as a surprise expansion in the U.S. manufacturing sector quieted concerns about economic growth at a time when central banks are seen continuing to support markets. Sectors tied to growth were among the top gainers…
Adam Sarhan Dow Jones Newswire Quote: MARKET TALK: Stronger Dollar Pressures Raw-Sugar Futures
Monday, October 8, 2012 9:33 EDT – Raw sugar is ticking lower as the stronger dollar weighs on soft commodities, but futures are hanging on to most of last week’s 5.2% jump. Sarhan Capital’s Adam Sarhan calls sugar’s 4th-consecutive weekly rise “a positive divergence” from other softs, which continue to fall. “Support held and this…
Adam Sarhan Reuters Quote: Copper 2.29.12
METALS-Copper slips from 2-wk high after Bernanke speaks Wed Feb 29, 2012 2:22pm EST * Bearish Fed comments erode early copper rally * Copper prices post 2nd straight monthly gain * U.S. 4th quarter economic growth revised up * Coming up: Chinese manufacturing PMI Thursday By Chris Kelly and Harpreet Bhal NEW YORK/LONDON, Feb 29…
Benzinga Quote: 3 Experts Weigh In Before Retail Sales Report
The U.S. Census Bureau will release its inflation-adjusted retail sales figures for the month of May tomorrow at 8:30 a.m. ET. Forecasts expect a 1.1 percent increase month-over-month. In April, retail sales were flat. Retail sales are considered the foremost indicator of consumer spending, which still constitute about 70 percent of the American economy. Benzinga…
