Investors on Street encouraged ahead of Fed decision

Articles

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  12:40 pm

  Canada stocks stretch gains on upbeat U.S. data, Tim Hortons

  Canadian shares stretched gains for a second day on Tuesday, after stronger economic data from the U.S. bolstered energy producers, and as investors await news from a two-day U.S. Federal Reserve meeting. Tim Hortons' jump paced gains.

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  11:48 am

  Fed meeting casts dark cloud on gold

  Even the whiff of a scaling back of stimulus measures had a chilling effect on the market for gold futures, sending the price of the yellow metal to week-long lows on the Comex today. Gold, which has already seen a bull run of more than a decade upended in the last few months, would lose its lustre even further in a market less afeared of inflationary threats.

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  10:15 am

  Klondex Mines reports grades as high as 869 g/t gold from new area at Fire Creek, with upcoming resource to include latest results

  Klondex Mines (TSE:KDX) (OTCQX:KLNDF) has reported more drill results from its Fire Creek gold project in Nevada ahead of initial production projected for later this year, with such high grades in new, unexplored areas prompting the gold developer to delay its resource update. 

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  7:14 am

  Tethys Petroleum confirms Tajik tie up with Total and China

  "We believe the Bokhtar PSC is a world class asset with enormous potential,” Tethys president Dr David Robson said.

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  Mon 1:16 pm

  Apple a laggard in Q2's underperforming tech sector

  Apple (NASDAQ:AAPL) is a deadweight, at least when it comes to earnings growth amongst technology stocks. According to research bank FactSet, Apple's influence is so big that it will double the sector's earnings shrinkage in the second quarter of 2013. 

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  Mon 11:33 am

  Kirkland Lake Gold puts to work new battery-operated technology underground to save capital investment

  Kirkland Lake Gold (TSE:KGI) (LON:KGI) is moving away from the use of diesel with the introduction of lithium-ion battery scoops and trucks in its underground gold mines and will save capital investment as a result. The use of this technology both saves large capital investment and is a welcome environmentally-friendly alternative fuel source without diesel or any other emissions underground.

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  Mon 10:48 am

  New Zealand Energy says Origin Energy purchase expected to quadruple reserves as deal terms finalized

  New Zealand Energy Corp. (CVE:NZ)(OTCQX:NZERF) has finally finalized the purchase of assets from Origin Energy (ASX:ORG), furthering its plans to focus on lower-cost exploration and production that is close to infrastructure in its bid to bolster cash flow. The consideration for the purchase, which will significantly add to its reserve base, was also revised lower.  

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  Mon 9:39 am

  Pure Technologies' lead position in a fast-growing market makes stock compelling: Mackie, Canaccord

  Pure’s strategy is in line with an industry shift away from costly, cumbersome capital projects to infrastructure renewal in the water and wastewater pipelines market, which represented 94 per cent of the company’s revenue last year.