Top Story

Thu 6:27 pm

Falcon says Aussie well update expected 'shortly'

The excitement will come when well results are revealed - but the financials reveal a well financed company.

Breaking News

Thursday, August 27, 3:19 pm

Gold drops 0.2% to $1,122/oz; WTI leaps 10.3% to $42.56/bbl

Gold futures registered a fourth straight day of losses, settling lower on a stronger dollar and a rally in global markets. Gold for December delivery lost 0.2% to settle at $1,122.60 an ounce on ...


4:30 am

FTSE 100 flat despite gains in the US and Asia

In the UK, the FTSE 100 was 13 points lower at 6,179 as it failed to capitalise on the gains made by markets overnight.


  • Summit Therapeutics excited about clinical progress

    Shares in drug developer Summit Therapeutics (LON:SUMM, NASDAQ:SMMT) nudged higher as said it was excited about progress in both its clinical programmes.

  • Benchmarks now up on the week after strong GDP data

    Though it seemed improbable at the close of trading on Monday, U.S. benchmarks are now up on the week. Sentiment has been boosted by a strong showing overnight in Asian markets and much better than expected US gross domestic product figures. The U.S. economy grew at an annualised rate of 3.7% in the second quarter, a hefty upward revision of the original estimate of growth of 2.3%.

  • TSX stretches rally for 3rd day as oil prices rocket; CIBC jumps

    Canadian shares extend rally for a third day as oil rocketed more than 6 percent higher and the U.S. economy grew more than forecast amid a relief climb in global stocks. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) climbed 2.8% to 13,749.59 at 12:09 p.m. in Toronto.

  • Abbott Laboratories denies it is eyeing St Jude

    Shares in acquisitive drugs maker Abbott perked up after it denied an FT report that it is preparing a bid for St Jude Medical.

  • Relief rally moves into second day

    Gross domestic product numbers were much better than expected giving a lift to a market already buoyed by Shanghai's strength overnight.

  • TD Bank Q3 profit tops estimates on strong Canadian, U.S. retail banking

    Toronto-Dominion Bank (TSE:TD), Canada’s second-largest lender by assets, reported a higher-than-expected 7.5% increase in its fiscal third-quarter profit, buoyed by stronger Canadian and U.S. retail banking. TD became the fourth Canadian lender to post stronger-than-expected results for the third quarter despite a Canadian economy hurt by lower oil prices.

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