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4:06 pm

Dow, S&P 500 finish at records pre-Turkey Day

U.S. stocks edged up amid thin volumes Wednesday after a deluge of data, including a spike in initial jobless claims, a jump in durable goods and lower-than-anticipated consumer spending and new home sales. Both the S&P 500 and the Dow managed to clinch new records.

Breaking News

Wednesday, November 26, 3:49 pm

Gold down at $1,196; WTI slides to $73.69 ahead of OPEC meeting

Gold prices edged down today in muted, pre-Thanksgiving trade, as U.S. equities traded near record highs, paring demand for the metal as an alternative asset. December gold inched down less than 0...


12:16 pm

Stratex deserves more credit for impending production, says broker

Setting a 12p per share price target, Stratex’s house broker based its assessment on the ‘imminent commissioning’ of the Altintepe mine.


  • Golden Queen tanks on expected reduction in resources, reserves at Soledad

    Golden Queen Mining (TSE:GQM) (OTCQX:GQMNF) shares fell on Wednesday after the company suggested that a reduction in the total estimates resources and reserves for its Soledad Mountain project in southern California should be expected.

  • TSX retreats as energy producers drop ahead of OPEC meeting

    Canadian shares retreated as energy producers dropped with oil prices hitting a four-year low ahead of an OPEC meeting later this week. The resource-heavy benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) slid 0.2 percent to 15,039.96 at 12:04 p.m. in Toronto. Two shares declined for every stock that advanced as six out of 10 main groups were down.

  • Falco bolsters board with nomination of three mining industry experts

    Falco Resources (CVE:FPC), which is developing its land package in the Rouyn-Noranda mining camp, has nominated three mining industry veterans to stand for election as part of the company's board of directors at its annual meeting of shareholders to be held in December.

  • Madalena's Q3 revenues surge as production spikes 300%

    Madalena said the third quarter was highlighted by its accretive acquisition of Gran Tierra's Argentinean assets, as well as the new horizontal oil and gas discovery in the Nordegg formation on its western Canadian assets.

  • Home Depot to face 44 data breach-related lawsuits in U.S, Canada

    Home Depot (NYSE:HD), the largest U.S. home-improvement retailer, said it faces at least 44 civil lawsuits in the U.S. and Canada related to a widespread data breach earlier this year that affected 56 million debit and credit cards. The company said several state and federal agencies also are looking into the data breach and it may face more litigation from customers, banks, and shareholders.

  • Taseko seen as high cost producer, Dundee Capital downgrades

    Taseko Mines (TSE:TKO) was downgraded to a "neutral" rating from "buy" today by analysts at Dundee Capital Markets, who also lowered their price target for the "high cost"  copper producer given the current weak price environment for the metal.

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