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12:41 pm

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.

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Wednesday, July 30, 12:45 pm

RESAAS adds number one Coldwell Banker affiliate in California to its platform

RESAAS Services (CSE:RSS), which has built a social and global referral network for real estate agents, has added yet another brokerage to its platform with the addition of Coldwell Banker Coastal ...


10:42 am

Carlsberg not the best brewing stock in the world (probably)

When it comes to extolling the virtues of beer, Deutsche Bank goes for “[it] shares many of the favourable characteristics inherent in consumer staples”. This from a German bank…


  • Dow, S&P 500 in the red ahead of Fed meeting statement

    U.S. stocks were mostly in the red by Wednesday early afteroon as investors feared the outcome of the Fed's latest policy meeting following far better-than-expected second quarter GDP data. 

  • 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.

  • Wall Street gains on positive GDP surprise, Twitter results

    U.S. stock futures were higher in early trading Wednesday as investors took in a far better-than-expected first read on second quarter GDP data, while also awaiting results from the Fed's latest meeting. In the corporate world, traders were encouraged by Twitter's latest results, with shares jumping more than 25% premarket. 

  • 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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