Kitco Video

No Manipulation, Just ‘Sloppy’ Banking – Jeff Christian | Kitco News @ PDAC 2015

[youtube AFGI5h2_NQ4] Kitco News kicks off coverage of PDAC at CPM Group’s Silver Reception and Daniela Cambone speaks with CPM managing director Jeff Christian to get his thoughts on gold and recent precious metals manipulation allegations. According to Christian, there is no evidence of manipulation. “The precious metals markets are incredibly unregulated, as are all commodity markets, and the commodities markets, in general, have been unregulated for decades,” he says, adding that this is why regulators are starting to look into the markets now […]

Mergers & Acquisitions

Kohlberg’s Sabre Industries Acquires FWT from Satori Capital

Kohlberg’s Sabre Industries Acquires FWT from Satori Capital PR Newswire ALVARADO and FORT WORTH, Texas, March 2, 2015 ALVARADO and FORT WORTH, Texas , March 2, 2015 /PRNewswire/ — Sabre Industries, Inc. (“Sabre”) and FWT, LLC (“FWT”) announced today that they have completed a strategic business combination. Based in Alvarado, Texas , Sabre is a leading producer of highly engineered structures used for electricity transmission and distribution and wireless telecommunication, offering a complete range of engineered towers, poles, and related services […]

Stock Analysts

Ares Capital’s (ARCC) Q4 Earnings Beat, Revenues Up Y/Y

Ares Capital Corporation ARCC gained nearly 1.6% following the fourth-quarter and full-year 2014 earnings release before the opening bell on Feb 26. Core earnings for the quarter came in at 42 cents per share, beating the Zacks Consensus Estimate by 7.7%. Moreover, the bottom line compared favorably with the prior-year quarter figure of 41 cents. […]