Global Stocks Trending in the News for January 14th, 2019
Jan 14, 2019
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- Newmont Gold (NEM) will acquire its rival Goldcorp (TSX: G) in a USD$10 billion deal. The deal will create a gold mining behemoth. A statement from Newmont Gold said, “The combination will create the world’s leading gold business.” The combination of Newmont Gold and Goldcorp will be a company producing 7.9 million ounces of gold per year. Goldcorp is rated “Top Short” in our Canada All Cap Global Top Stock Ideas. Newmont Gold is rated “Unattractive” in our US Large-Cap Global Top Stock Ideas.