HP tops on the bottom line in Q2

Articles

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  Wed 4:06 pm

  Copper rises to six-week high as mines close

  Prices for copper on the London Metal Exchange rose to US$7533.75 a metric tonne Wednesday, a bump of 2.2 per cent, to reach a six week high in the wake of Freeport's Grasberg mine disaster on the back of apparent concerns  of constrained supplies.

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  Wed 3:26 pm

  Wall Street turns lower after Fed minutes reveal possible June start for tapering

  U.S. markets reversed sharp gains from earlier in the session on Wednesday as commens from Fed chief Ben Bernanke and minutes from the central bank's latest meeting suggested that the tapering of the aggressive easing policies could begin in the coming months. 

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  Wed 2:48 pm

  Ski-Doo maker BRP to raise C$262 million in largest Canadian IPO this year

  BRP plans to sell 12.2 million shares for C$21.50 each, the Valcourt, Quebec-based company said in a statement on Wednesday. Based on that price, the company’s market capitalization will be about C$2.5-billion. The IPO is Canada's largest since Hudson's Bay Co. (TSE:HBC), the country's oldest company, raised $365 million in November. 

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  Wed 12:55 pm

  Canadian stocks extend gains on Fed remarks

  Canadian shares stretched this year's gains on Wednesday, fueled by gains across most major sectors on optimism that the U.S. Federal Reserve will keep its easy money policy in place for now. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) rose 1.2 percent to 12,889.26 at 12:24 p.m. in Toronto on Wednesday. The gauge has extended year-to-date gains to 3.6 percent. Almost four shares advanced for every stock that declined.

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  Wed 11:04 am

  Canada's biggest banks seen reporting results that do little to alleviate concerns for long-term growth, says Stonecap Securities

  Stonecap Securities analyst Brad Smith offered his views of the Canadian financial services sector  on Wednesday ahead of the start of the reporting season for the nation's biggest banks later this week, amid an outlook of continued uncertainty. 

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  Wed 10:46 am

  NanoViricides reports stronger cash position; sufficient for first clinical trials

  NanoViricides (OTCBB:NNVC), a development stage company creating special purpose nanomaterials for antiviral therapy, said Wednesday its cash position at the end of the first quarter was "sufficient to carry out its initial clinical trials of its first drug candidate."

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  Wed 10:28 am

  Soligenix gets key Thermovax technology U.S. patent

  Soligenix (OTCQB:SNGX) shares extended their year-to-date gains on Wednesday after the biopharmaceutical company announced that it has been granted a U.S. patent for its Thermovax vaccine thermostabilization technology. 

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  Wed 9:41 am

  Treasury Metals unveils more near-surface drill results ahead of Goliath resource update

  Treasury Metals (TSE:TML) has unveiled additional drill results from its Goliath gold project in northwestern Ontario, with results showing near-surface intersections as high as 4.18 grams per tonne (g/t) gold.