Top Story

Fri 3:51 pm

U.S. shares seesaw amid Yellen, Draghi comments, Ukraine tension

U.S. stocks wavered between gains and losses as investors weighed comments from central bank leaders for clues to monetary policy amid rising geopolitical tension. The S&P 500 (INDEXSP:.INX) was little changed at 1,991.64 at 3:20 p.m. in New York. The 30-company Dow Jones Industrial Average (INDEXDJX:.DJI) skidded 0.1 percent.  The tech-heavy Nasdaq Composite (INDEXNASDAQ:.IXIC) rose 0.3 percent. 

Breaking News

Friday, August 22, 3:43 pm

Gold drops 2% for the week; oil settles below $94

Gold futures rose for the first time in more than a week, but are still down 2 percent, their worst weekly decline in a month. Gold for December delivery rose $4.80 to settle at $1,280.20 an ounce...

International

Fri 11:01 am

BIG PICTURE - Magnolia Petroleum shares soar as reserves signals sell-off was overdone

“The update confirms our suspicions that the share price reaction to the reserves downgrade was significantly overdone,” Northland's Andrew McGeary said in a note.

Articles

  • TSX slides on Ukraine tension, Yellen remarks

    Canadian shares slid as tensions escalated in Ukraine and investors scrutinized comments on monetary policy by Federal Reserve Chair Janet Yellen. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) was down 0.1 percent at 15,536.80 at 12:21 p.m. in Toronto. Five shares declined for every four stocks that advanced as 6 out of 10 main industries gained.

  • Moko brews up political app storm with BNR and VOYCIT launches coming shortly

    Moko Social Media (NASDAQ:MOKO), which completed its IPO listing in the US in July, updated investors on Friday on the development of its mobile apps in its political division, with the new Bluenationreview.com (BNR) app set to launch next month. 

  • Falco's newest historic results for nearby Horne 5 zones show potential to add to current resources

    Falco Resources (CVE:FPC) says it has found six gold zones with "significant grade and continuity" located next to its prized Horne 5 deposit, adding to the five already found and showing the potential to increase resources at its property.

  • RBC ups dividend after posting bigger-than-expected Q3 profit gain

    Royal Bank of Canada (TSE:RY), Canada's largest bank by assets and market capitalization, hiked its quarterly dividend after reporting a bigger-than-expected rise in quarterly profit, on the back of robust results from its wealth management and capital markets divisions.

  • Argentex increases resources at Pinguino project

    Argentex Mining (CVE:ATX)(OTCQB:AGXMF) has boosted the resources at its Pinguino silver-gold project in Argentina, with four new veins added to the resource, for a total of 12. 

  • Leucrotta seen as high growth Montney-focused play, says Jennings

    Leucrotta Exploration (CVE:LXE) is a "high growth Montney machine", according to Jennings Capital's Mark Heim, who initiated coverage on the junior oil and natural gas company with a buy rating and C$3.25 12-month price target in a report today.

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