Top Story

9:01 am

U.S. stock futures slightly rise; Tiffany, Express, Michaels in focus

U.S. stock index futures slightly rose today, suggesting the market's recent upswing that has taken indexes to repeated records was set to continue with little on the horizon to derail the rally. With no major economic reports on tap, earnings reports from Tiffany & Co. and Express Inc. were instead in focus.

Breaking News

Wednesday, August 27, 10:18 am

National Bank of Canada posts stronger Q3 profit on market, wealth arms

National Bank of Canada (TSE:NA), Canada's sixth largest bank, posted a stronger profit in its fiscal third quarter, aided by a sharp jump in earnings at its wealth management and financial markets...

International

10:50 am

New Paragon Diamonds chairman Manduca spells out vision for company

Philip Manduca, the new chairman of Paragon Diamonds (LON:PRG), says his first job is to secure funding for the Lesotho-focused diamond explorer. After that, he will look at “broadening the bandwidth of the com...

Articles

  • U.S. shares gain, S&P 500 back at 2000-point level

    U.S. stocks advanced, sending the Standard & Poor’s 500 Index above 2,000, after a report showed the biggest ever jump in durable-goods orders and consumer confidence unexpectedly increased. The S&P 500 inched up 0.2 percent to 2,001.03 at 3:49 p.m. in New York. The Dow Jones Industrial Average gained 0.2 percent, while the Nasdaq Composite edged up 0.3 percent. 

  • Tim Hortons agrees to be sold to Burger King for $11 bln

    Tim Hortons (TSE:THI) (NYSE:THI), Canada's largest quick-service chain, agreed to be bought by Burger King Worldwide (NYSE:BKW) for about $11 billion. The company would become the third-largest fast food company in the world with more than 18,000 restaurants in 100 countries and $22 billion in system sales.

  • TSX at new all-time high as Tim Hortons stretches rally on merger deal

    Canadian shares touches a new all-time high as Tim Hortons stretched its rally after the coffee chain said it planned to merge with Burger King Worldwide in a C$12.64 billion deal. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) inched up 0.1 percent to 15,615.86 at 12:04 p.m. in Toronto. Seven shares advanced for every three stocks that declined, with seven out of 10 major groups up.

  • NioCorp obtains extra high-grade niobium assays at Elk Creek; shares hit 16-week high

    NioCorp Developments (CVE:NB) (OTCMKTS:NIOBF) (FRA:BR3), a niobium explorer, rose to the highest in more than three months after receiving additional assays from the ongoing drilling and advancement operations at Elk Creek, Nebraska. Shares advanced to 78 Canadian cents, the highest intraday price since May 6, before trading at 74 Canadian cents, up 5.7 percent, at 1:12 p.m. in Toronto.

  • Energizer Resources initiated with positive recommendation at Stormcrow

    Energizer Resources (TSE:EGZ) (OTCMKTS:ENZR) rose in morning trades after Stormcrow Capital Ltd. initiated coverage on the the owner of the Madagascar's Molo Graphite project with a positive recommendation. Shares were up 3.5 percent at 15 Canadian cents at 9:41 a.m. in Toronto, extending this year's gains to 15 percent.

  • Burger King, Tim Hortons surge amid merger talks

    Burger King Worldwide (NYSE:BKW) and Tim Hortons (NYSE:THI) surged after the second-largest U.S. burger chain confirmed it's in talks to buy Canada's biggest coffee and doughnuts and to and move its headquarters to Canada, becoming the latest American company seeking to relocate to a lower-tax country.

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