Top Story

Tue 4:04 pm

Dow bleeds 200 pts as oil prices drop 2.2%, investors worry over upcoming earnings

U.S. stocks settled sharply lower Tuesday as oil prices dropped and as investors fretted over weak Q1 earnings, erasing a big chunk of Monday's strong rally, and putting the Dow back into negative territory for the year so far.

Breaking News

Tuesday, March 31, 3:46 pm

Gold skids 0.2%; WTI crude falls 2.2% on Iranian deal pressure

Gold turned lower today, pressured by the firm U.S. dollar and weak oil prices, and with expectations that the Federal Reserve will increase interest rates this year pushing bullion toward its seco...

International

5:49 am

Golden Saint Resources chairman on company’s ‘new beginning’

Cyril D’Silva, the executive chairman of Golden Saint Resources (LON:GSR), says it is a ‘new beginning’ for the AIM-listed company now it has tied up the funds that will help it move ‘more aggr...

Articles

  • DH expands Fintech portfolio by aquiring FundTech

    The acquisition, partially funded through a US$826.2 million bought-deal financing co-led by CIBC, RBC Capital Markets and Scotiabank, is expected to close in the second quarter.

  • TSX seesaws as banks gain, miners lose; Teck Resources slumps

    Canadian shares wavered between gains and losses as gains in banks overpowered a slump in material producers. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) inched up 0.1 percent at 14,922 at 12:28 p.m. in Toronto.

  • Orbite to get up to $15 mln to help turn toxic waste into profit

    Orbite announced that Euro Pacific Canada has agreed to underwrite a total of 8,500 units at $1,000 apiece, generating proceeds of C$8.5 million. Euro Pacific also has the option to buy an additional 6,500 units over the next 30 days, for total proceeds of some C$15 million.

  • NexGen Energy is cheap compared to its uranium peers: Cantor Fitzgerald

    NexGen Energy (CVE:NXE) is undervalued, said analyst Rob Chang at Cantor Fitzgerald, who calculated an estimate of 58 million pounds of uranium for the Arrow discovery at the company's Rook I project based on drilling results to date, "meaning NexGen is cheap". 

  • Robix’s one-of-a-kind oil spill clean-up vessel ready to make a splash

    After signing its first preliminary agreement to market the device last week, Robix is ready to build on its foundation and establish a portfolio of customers, taking the company to a new stage of growth.

  • Amaya sells Cadillac Jack for C$476 mln

    The consideration will consist of C$461 million in cash and a $15-million PIK note due on the eighth anniversary of the deal's closing. Amaya plans to use the sale proceeds to pay back Cadillac Jack’s current senior secured term loan and mezzanine debt.

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