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4:04 pm

Wall Street drops as US expands sanctions against Russia; Herbalife sinks

U.S. stocks ended a choppy session lower Tuesday after news of expanded U.S. sanctions against Russia, with investors also bombarded by more corporate earnings as well as data that showed slowing home price appreciation and better-than-expected consumer confidence.

Breaking News

Tuesday, July 29, 3:56 pm

Herbalife tumbles after cutting 2014 sales outlook; posts weak Q2 profit

Herbalife Ltd. (NYSE:HLF), a maker of weight-loss and nutritional products, tumbled 13 percent in midday trade after cutting its sales outlook for the year, and reporting lower-than-expected quarte...

International

11:09 am

MoPowered surges on product launch

MoPowered is becoming increasingly active in marketing elements of its SaaS offering to the customer base.

Articles

  • 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.

  • TSX extends gains for fifth session in six; WestJet, Norbord rally

    Canadian shares advanced for the fifth session in six, led by WestJet Airlines Ltd. and Norbord Inc. following better-than-estimated earnings. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) rose 0.2 percent to 15,473.72 at 11:57 a.m. in Toronto. Five shares advanced for every four stocks that declined as 6 out of 10 groups gained.

  • Alderon Iron inks deal for sale of Kami production with Glencore

    Alderon Iron Ore (TSE:ADV)(NYSE MKT:AXX) has signed an off-take agreement with London-listed Glencore (LON:GLEN), one of the world's biggest natural resource companies, for production from its Kami project. 

  • BlackBerry steps up its enterprise game with acquisition of Germany's Secusmart

    In a further bid to bolster its offering for government and corporate clients, struggling Canadian smartphone maker BlackBerry (NASDAQ:BBRY) (TSE:BB) says it has agreed to buy Germany's Secusmart, a company that provides high-security voice and data encryption and anti-eavesdropping services for government organizations, businesses and telecom service providers.

  • New Zealand Energy granted new mining permit for Copper Moki, Waitapu wells

    New Zealand Energy (CVE:NZ)(OTCQX:NZERF) has been granted a 944 acre petroleum mining permit in the Tarnaki Basin that has been carved out of its 100 percent-owned Eltham exploration permit to encompass its Copper Moki and Waitapu oil discoveries.

  • User growth and engagement key in Twitter's Q2 results, says analyst

    Investors are gearing up for the release of Twitter's (NYSE:TWTR) second quarter results, which are due to hit the market after hours on Tuesday, with user growth and engagement and ad revenue growth set to be key themes to watch out for in the upcoming report, according to RBC Capital Markets analyst Mark S. Mahaney. 

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