Top Story

Tue 3:54 pm

U.S. shares gain, S&P 500 back at 2000-point level

U.S. stocks advanced, sending the Standard & Poor’s 500 Index above 2,000, after a report showed the biggest ever jump in durable-goods orders and consumer confidence unexpectedly increased. The S&P 500 inched up 0.2 percent to 2,001.03 at 3:49 p.m. in New York. The Dow Jones Industrial Average gained 0.2 percent, while the Nasdaq Composite edged up 0.3 percent. 

Breaking News

Tuesday, August 26, 3:23 pm

Gold up 0.5%; U.S. crude above $93

Gold prices finished higher todays as tensions flared on the border between Ukraine and Russia, increasing demand for the precious metal as a haven. Gold for December delivery settled up 0.5 perce...


5:54 am

Paragon's positive news should revitalise firm, reckons Northland

City broker Northland heralded today's news from Paragon Diamonds, which is developing the Lemphane mine in Lesotho, as positive, and said it should revitalise the junior explorer.


  • Tim Hortons agrees to be sold to Burger King for $11 bln

    Tim Hortons (TSE:THI) (NYSE:THI), Canada's largest quick-service chain, agreed to be bought by Burger King Worldwide (NYSE:BKW) for about $11 billion. The company would become the third-largest fast food company in the world with more than 18,000 restaurants in 100 countries and $22 billion in system sales.

  • TSX at new all-time high as Tim Hortons stretches rally on merger deal

    Canadian shares touches a new all-time high as Tim Hortons stretched its rally after the coffee chain said it planned to merge with Burger King Worldwide in a C$12.64 billion deal. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) inched up 0.1 percent to 15,615.86 at 12:04 p.m. in Toronto. Seven shares advanced for every three stocks that declined, with seven out of 10 major groups up.

  • NioCorp obtains extra high-grade niobium assays at Elk Creek; shares hit 16-week high

    NioCorp Developments (CVE:NB) (OTCMKTS:NIOBF) (FRA:BR3), a niobium explorer, rose to the highest in more than three months after receiving additional assays from the ongoing drilling and advancement operations at Elk Creek, Nebraska. Shares advanced to 78 Canadian cents, the highest intraday price since May 6, before trading at 74 Canadian cents, up 5.7 percent, at 1:12 p.m. in Toronto.

  • Energizer Resources initiated with positive recommendation at Stormcrow

    Energizer Resources (TSE:EGZ) (OTCMKTS:ENZR) rose in morning trades after Stormcrow Capital Ltd. initiated coverage on the the owner of the Madagascar's Molo Graphite project with a positive recommendation. Shares were up 3.5 percent at 15 Canadian cents at 9:41 a.m. in Toronto, extending this year's gains to 15 percent.

  • Burger King, Tim Hortons surge amid merger talks

    Burger King Worldwide (NYSE:BKW) and Tim Hortons (NYSE:THI) surged after the second-largest U.S. burger chain confirmed it's in talks to buy Canada's biggest coffee and doughnuts and to and move its headquarters to Canada, becoming the latest American company seeking to relocate to a lower-tax country.

  • Moko brews up political app storm with BNR and VOYCIT launches coming shortly

    Moko Social Media (NASDAQ:MOKO), which completed its IPO listing in the US in July, updated investors on Friday on the development of its mobile apps in its political division, with the new (BNR) app set to launch next month. 

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