Top Story

9:12 am

Wall Street to open lower after GDP data; Facebook, P&G decline

U.S. stock-index futures retreated as economic growth reinforced a case for higher interest rates, and earnings from Facebook and Procter & Gamble disappointed. Futures for the Dow Jones Industrial Average slipped 8 points, or 0.1 percent to 17,673, while those for the S&P 500 index fell 0.1 percent to 2,100. Futures for the Nasdaq 100 index rose 0.1 percent to 4,569.25.

Breaking News

Thursday, July 30, 9:03 am

Sunridge agrees to acquire Net Profits Interest on the Asmara Project, Eritrea

Sunridge Gold (CVE:SGC) (OTCQX:SGCNF) has executed an agreement with the Estate of geologist Albert J Perry for a two-year option to purchase his 2% net profit interest (NPI) on Sunridge's portion...

International

8:52 am

Rising heavyweight stocks drive up London shares

Royal Dutch Shell and AstraZeneca haul Footsie higher

Articles

  • Bombardier shares get lift from merger rumors

    The Wall Street Journal, citing unnamed sources, published an article on Wednesday suggesting that the two multinationals have held discussions on the matter and that they had even reached a preliminary stage of negotiation.

  • Lawsuits and tough competition are driving American Apparel toward bankruptcy

    The stock price has lost over 20% in the past 24 hours as ‘The New Yorker’ asked in an article published on July 27 whether the company could afford to maintain its production in the United States

  • Teva to buy Allergan for $40.5 bln, drops Mylan bid

    Teva Pharmaceutical Industries (NYSE:TEVA), an Israeli drugmaker, agreed to buy Dublin-based Allergan PLC's (NYSE:AGN) generic pharmaceuticals business for $40.5 billion in cash and stock, and dropped its hostile offer for Mylan (NASDAQ:MYL). Teva will pay $33.75 billion in cash and $6.75 billion worth of shares at today’s price, or about 10 percent of the enlarged company, the Petach Tikva, Israel-based company said in a statement today. 

  • GlaxoSmithKline receives EU approval of its malaria fighting vaccine for children

    Approval from the EMA opens the door for a similarly favorable opinion from the World Health Organization (WHO), which could then decide whether to recommend vaccination in countries where malaria is endemic

  • Lithium – the metal of the future (if there's enough)

    Tesla is not alone in advancing lithium-powered battery technologies. 

    It’s headline-grabbing stuff - Elon Musk says that his Tesla Corporation (NASDAQ:TSLA) aims to accelerate technological and market development by up to ten years in the roll-out of electric cars.

  • Amazon.com swings to surprise Q2 profit, provides robust Q3 revenue guidance

    Amazon.com (NASDAQ:AMZN), an online retailer, reported an unexpected second-quarter profit, forecast third-quarter revenue above estimates, and reported strong sales in North America, and unprecedented growth in its popular Prime two-day unlimited shipping service. Shares surged.

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