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9:09 am

U.S. stock futures trim gains; indexes poised for monthly gains

S&P’s 500 Index futures pared gains, with the gauge headed for its biggest monthly rally since February, as metals led commodities higher. The ruble slid to a record as the conflict between Russia and Ukraine deepened. Futures for the Dow Jones Industrial Average increased 15 points to 17,098 at 8:48 a.m. in New York, while those for the S&P 500 index climbed 2.7 points to 2,003.

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Friday, August 29, 9:53 am

Big Lots drops, shrugs off better-than-expected Q2 profit

Big Lots (NYSE:BIG), a discount retailer, skidded in morning trades even as it reported better-than-expected fiscal second-quarter earnings and raised its full-year earnings forecast. Shares dropp...


9:35 am

DJI Holdings scratching the surface in China

To the two great certainties in life – death and taxes – we can probably add another: most Chinese people like a flutter.  Recenty listed DJI Holdings, therefore, is in the right market and at the rig...


  • Madalena Energy reports oil & gas revenue more than doubles in second quarter

    Madalena Energy Inc. (CVE:MVN) (OTCMKTS:MDLNF), an independent upstream oil and gas company focused on Argentina and Western Canada, reported oil and gas revenue more than doubled in the second quarter. Oil and gas revenue rose to $9.1 million in the three months ended June 30 from $3.9 million in the year-earlier period, the Calgary, Alberta-based company said in a statement today.

  • Tim Hortons agrees to be sold to Burger King for $11 bln

    Tim Hortons (TSE:THI) (NYSE:THI), Canada's largest quick-service chain, agreed to be bought by Burger King Worldwide (NYSE:BKW) for about $11 billion. The company would become the third-largest fast food company in the world with more than 18,000 restaurants in 100 countries and $22 billion in system sales.

  • NioCorp obtains extra high-grade niobium assays at Elk Creek; shares hit 16-week high

    NioCorp Developments (CVE:NB) (OTCMKTS:NIOBF) (FRA:BR3), a niobium explorer, rose to the highest in more than three months after receiving additional assays from the ongoing drilling and advancement operations at Elk Creek, Nebraska. Shares advanced to 78 Canadian cents, the highest intraday price since May 6, before trading at 74 Canadian cents, up 5.7 percent, at 1:12 p.m. in Toronto.

  • Energizer Resources initiated with positive recommendation at Stormcrow

    Energizer Resources (TSE:EGZ) (OTCMKTS:ENZR) rose in morning trades after Stormcrow Capital Ltd. initiated coverage on the the owner of the Madagascar's Molo Graphite project with a positive recommendation. Shares were up 3.5 percent at 15 Canadian cents at 9:41 a.m. in Toronto, extending this year's gains to 15 percent.

  • Burger King, Tim Hortons surge amid merger talks

    Burger King Worldwide (NYSE:BKW) and Tim Hortons (NYSE:THI) surged after the second-largest U.S. burger chain confirmed it's in talks to buy Canada's biggest coffee and doughnuts and to and move its headquarters to Canada, becoming the latest American company seeking to relocate to a lower-tax country.

  • Moko brews up political app storm with BNR and VOYCIT launches coming shortly

    Moko Social Media (NASDAQ:MOKO), which completed its IPO listing in the US in July, updated investors on Friday on the development of its mobile apps in its political division, with the new (BNR) app set to launch next month. 

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