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Fri 3:08 pm

Wall Street rebounds on upbeat data and as GE, Morgan Stanley rise

U.S. stocks rallied on Wall Street Friday, with the Dow last up by triple digits, supported by strong earnings from industry heavyweights such as General Electric and Morgan Stanley.

Breaking News

Friday, October 17, 3:53 pm

Gold slides 0.2%; WTI rebounds to settle at $82.75; Brent at $86.16

Gold declined for the second straight day as gains in equities reduced demand for the precious metal as a haven.  Gold futures for December delivery fell 0.2 percent to settle at $1,239 an ou...


2:57 am

San Leon Energy, Genel, Serica confirm Morocco well has found oil

San Leon Energy said the Sidi Moussa well offshore Morocco had “encountered oil” as it added drilling had reached its target depth. 


  • TSX advances a 2nd day as energy producers stretch recovery
    Canadian shares advanced for a second day Friday, sending their benchmark gauge to its highest level in a week as positive U.S. economic data and a rise in oil prices helped revive the beleaguered energy sector. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) rose 1.6 percent to 14,271.29 at 12:19 p.m. in Toronto. Five shares advanced for every stock that declined as 9 out of the 10 major groups gained.
  • Tsodilo Resources soars on copper prospects at First Quantum joint venture

    Tsodilo Resources (CVE:TSD) soared some 37 percent yesterday as investors begin to gain confidence in the Toronto-based junior explorer, which is developing its prospective diamond, copper and iron properties in Botswana.

  • Richmont taps Primero COO to be its new CEO

    Richmont Mines (TSE:RIC)(NYSE MKT:RIC) has snagged Primero Mining's (TSE:P) chief operating officer Renaud Adams and has appointed him the company's newest president and CEO after previous chief executive officer Paul Carmel was relieved of his duties in July.

  • Tembo Gold suspends drilling to complete strategic review on how to proceed; shares slide

    Tembo Gold's (CVE:TEM) plummeted 50 percent on Thursday after the company said it would go on a drilling hiatus to complete a strategic review on how to move forward and raise funds.

  • Largo confident in ramp-up schedule, more rapid development ahead

    Largo Resources (CVE:LGO) is confident that the company should see aggressive growth at its Maracas Menchen vanadium mine going forward, according to chief executive Mark Brennan, who spoke on a conference call with investors and analysts earlier Thursday.

  • Great Panther reaches record quarterly production as San Ignacio kicks in

    Great Panther Silver (TSE:GPR) (NYSE MKT:GPL) posted Thursday record production, with total metal output in the third quarter rising 13 percent from the year earlier period and 24 percent from the second quarter, supported by the ramp up of production at its San Ignacio mine.

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