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Mon 4:03 pm

Wall Street settles in the red on global conflicts, Herbalife sinks

U.S. stocks fell modestly today amid heightened global tensions, as investors digested news of more deaths from the Israeli-Palestine conflict and as Europe threatened more sanctions against Russia after the downing of the Malaysia Airlines jet last week. 

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Monday, July 21, 4:30 pm

Netflix rises after Q2 results impress

Netflix (NASDAQ:NFLX) shares rose in after hours trading on Monday after the company reported better-than-expected second quarter results on strong subscriber growth. For the three months to the e...

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  • Netflix achieves level of sustainable growth not currently reflected in stock price: RBC
    Netflix Inc. (NASDAQ:NFLX), an online video-streaming company, is expected to report strong second-quarter profit and sales as it is slated to post earnings results after the bell today. Wall Street expects Netflix to earn $1.14 a share compared with 49 cents a share during the same period a year ago. Netflix itself had forecast a profit of $1.12 a share for the quarter.
  • TSX drops as Ukraine, Gaza conflicts escalate; energy producers slump

    Canadian shares declined, led by losses in energy producers and raw-material miners, as an escalation of fighting in Ukraine and the Israel-Gaza conflict gave investors pause. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) slid 0.3 percent to 15,222.39 at 12:09 p.m. in Toronto. More than three stocks declined for every share that advanced as nine out of 10 main industries dropped. 

  • Wall Street sheds on Gaza, Ukraine turmoil; EMC, Allergan rise

    U.S. stocks fell Monday amid heightened global tensions, as investors digested news of more deaths from the Israeli-Palestine conflict and as Europe threatened more sanctions against Russia after the downing of the Malaysia Airlines jet last week. 

  • Largo hits new high as first production nears

    Shares of Largo Resources (CVE:LGO) hit a new 52-week high on Monday, with the company just days away from first production at its Maracas vanadium project in Brazil. Investors were eager for the event, pushing up shares to a new annual record of 34 cents, up more than 6 percent.

  • San Gold to bolster operations through merger with Kerr Mines

    Winnipeg, Manitoba-based gold producer San Gold (TSE:SGR)(OTCQX:SGRCF) is merging with explorer and developer Kerr Mines (TSE:KER), according to a preliminary all-share deal announced Monday, with the former looking to diversify its operations via the addition of the latter's Copperstone gold mine in Arizona.

  • Canamex Resources drills first hole to intersect the plane of Penelas Vein at historic depths

    Canamex Resources (CVE:CSQ) (OTCQX:CNMXF) has unveiled more results from its Bruner gold project drilling program in Nevada, with the latest results hailing from the Penelas mine zone. 

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