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Fri 3:53 pm

Wall Street tanks on renewed Greece concerns, new China trading regulations

U.S. stocks sank today following a global weakness in equities weighed by renewed Greece concerns and new Chinese trading regulations. The S&P 500 (INDEXSP:.INX) sank 1.1 percent to 2,082 at 3:38 a.m. in New York. The 30-company Dow Jones Industrial Average (INDEXDJX:.DJI) fell 1.4 percent to 17,852, while the tech-heavy Nasdaq Composite (INDEXNASDAQ:.IXIC) surrendered 1.4 percent to 4,933.

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Friday, April 17, 4:46 pm

Your Weekly Recap: April 17th

Dear Capitalist Exploits reader,   Below you will find a collection of the content we’ve found the most interesting throughout this week.   Carry trade to fuel the USD rally:&nb...



  • Argentina focused Madalena increases 2014 production by 165%, adds significant conventional reserves

    Madalena Energy (CVE:MVN) (OTC:MDLNF), which is an Argentina focused oil and gas energy company, increased its conventional oil and gas reserves on its conventional assets alone by 297% in 2014 through a highly accretive acquisition and successful horizontal drilling in Argentina.

  • TSX retreats with crude price; miners gain

    Canadian shares fell for a second day as energy producers weakened on a drop in crude prices, while miners gained as bullion climbed above $1,200 per ounce. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) fell 0.4 percent to 15,333 at 12:22 p.m. in Toronto. Three shares declined for every two issues that advanced as nine out of ten main share groups were in the negative territory.

  • AmEx reports mixed results hurt by stronger dollar; shares slump

    American Express (NYSE:AXP), a payment-card company, reported higher-than-expected profit rise in the first quarter, but said results were hurt by a stronger dollar. Net income climbed 6.5 percent to $1.53 billion, or $1.48 per share, in the January-to-March quarter, from $1.43 billion, or $1.33 per share, a year earlier, the New York-based company said in a statement late yesterday.

  • Investors concerned by North American palladium's recapitalization plan
  • Mkango to issue private placement to advance Songwe Hill project

    Mkango Resources (CVE:MKA) intends to raise about C$500,000 in a non-brokered private placement to support fund essential components of the feasibility study for its Songwe Hill project and general corporate purposes.

  • Great Panther Silver produced 48% more metal in Q1 2015

    At Guanajuato, which includes the San Ignacio satellite mine, ore processed increased 48% to a record 82,026 tonnes compared to the year-ago quarter. Silver grades improved 38%, helping the silver equivalent ounce total soar 74% to a record 713,371 ounces.

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