Top Story

Wed 4:05 pm

Dow bucks positive trend after FOMC statement; Nasdaq rises 0.5%

U.S. stocks trimmed losses Wednesday, with stocks ending mostly higher, after the Federal Reserve did not signal any plans to hike interest rates sooner than expected in the central bank's latest FOMC statement, despite noting the improvement in U.S. economic growth.

Breaking News

Wednesday, July 30, 3:46 pm

Torstar slides on weak Q2 results as media revenue drops 7%

Torstar Corp. (TSE:TS.B), owner of the Toronto Star and other newspapers and the Harlequin book publishing company, fell in midday trades after posting a 7 percent decline in revenue at its me...

International

Wed 6:30 pm

U.S. Stocks go nowhere after Fed Statement

U.S. GDP has grown 4% in the second quarter; despite this the Fed has offered a mxed view of the economy.  Broadly, companies in the S&P 500 are on pace to grow their second-quarter earnings by 6.7% from last...

Articles

  • Centerra Gold tumbles on Q2 loss; remains on track for full year production forecast

    Shares of Centerra Gold (TSE:CG) shed more than 8 percent on Wednesday after the gold miner reported it swung to a net loss in the second quarter compared to the corresponding period last year.

  • TSX rises as U.S. economy grows faster than forecast; Cenovus jumps

    Canadian shares advanced as data showed the U.S. economy grew more than expected in the second quarter, while Cenovus Energy and CGI Group reported strong quarterly results. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) edged up 0.2 percent to 15,478.09 at 11:55 a.m. in Toronto. Eight of the 10 groups advanced, with information technology and financial companies rising.

  • Naturally Splendid to start sales of breakthrough HempOmega product soon

    Naturally Splendid Enterprises (CVE:NSP) (OTCQB:NSPDF) says it will receive the first-ever production run of the exclusive hemp-based, omega 3 product HempOmega next month, positioning the company for big sales across North America. “This is truly a milestone for Naturally Splendid," said president and CEO Craig Goodwin.

  • Mason reveals potential for resource expansion at Lac Gueret as fast-track development continues

    Mason Graphite (CVE:LLG) (OTCQX:MGPHF) has unveiled drilling results from its flagship Lac Guéret project that it says confirm mineral continuity beyond the current mineral resource boundary, suggesting an expansion of resources is on the horizon.

  • Twitter spikes after blowing up almost all Wall Street metrics

    Twitter Inc. (NYSE:TWTR), the microblogging site, surged more than 25 percent in pre-market trade in the wake of reporting monthly active users had risen a better-than-expected 24 percent. Shares soared to $48.41 at 8:27 a.m. in New York. Twitter users increased to 271 million, with year-over-year growth at 24 percent.

  • Eco Atlantic gets Ghana's okay to exploit Tano Basin block

    Eco (Atlantic) Oil & Gas Ltd. (CVE:EOG), a Canadian oil and gas exploration company focused on Namibia, said the parliament of Ghana has ratified a petroleum agreement to allow the company to acquire a 50.51 percent interest in the Deepwater Cape Three Points West Block.

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