Top Story

10:06 am

Facebook Q2 revenue beats, but profit drops 9% on increased spending

Facebook (NASDAQ:FB), the world's largest social network, reported second-quarter revenue that beat forecasts but its profit fell 9 percent as it sharply increased spending to boost mobile revenue and future growth. Shares fell in morning trading. Net income fell to $715 million, or $0.25 per share, in the April-to-June quarter, from $788 million, or $0.30 per share, a year earlier.

Breaking News

Thursday, July 30, 11:36 am

Global Cobalt’s spinout of Global Energy Metals Corporation to be effective on September 2nd

Global Cobalt (CVE:GCO) (OTCBB:GLBCF) has confirmed the schedule related to the spin out of Global Energy Metals Corporation and related arrangement with Imperial Mining Holding, which will take...


11:37 am

Proactive news summary: accesso, APC. fastjet, Hayward Tyler, Instem, Nostra Terra, Silence ...

Accesso, which takes the waiting out of queuing at theme parks, cheered investors today by raising profits guidance.


  • Gold resource corporation finds 8.54 g/t gold intercept over 3.87 meters at Alta Gracia property

    By 2016, Gold Resource expects to be ready to mine, truck and process Alta Gracia mineralized material when it expects to secure all relevant community agreements and permits

  • Wall Street to open lower after GDP data; Facebook, P&G decline

    U.S. stock-index futures retreated as economic growth reinforced a case for higher interest rates, and earnings from Facebook and Procter & Gamble disappointed. Futures for the Dow Jones Industrial Average slipped 8 points, or 0.1 percent to 17,673, while those for the S&P 500 index fell 0.1 percent to 2,100. Futures for the Nasdaq 100 index rose 0.1 percent to 4,569.25.

  • Bombardier shares get lift from merger rumors

    The Wall Street Journal, citing unnamed sources, published an article on Wednesday suggesting that the two multinationals have held discussions on the matter and that they had even reached a preliminary stage of negotiation.

  • Lawsuits and tough competition are driving American Apparel toward bankruptcy

    The stock price has lost over 20% in the past 24 hours as ‘The New Yorker’ asked in an article published on July 27 whether the company could afford to maintain its production in the United States

  • Teva to buy Allergan for $40.5 bln, drops Mylan bid

    Teva Pharmaceutical Industries (NYSE:TEVA), an Israeli drugmaker, agreed to buy Dublin-based Allergan PLC's (NYSE:AGN) generic pharmaceuticals business for $40.5 billion in cash and stock, and dropped its hostile offer for Mylan (NASDAQ:MYL). Teva will pay $33.75 billion in cash and $6.75 billion worth of shares at today’s price, or about 10 percent of the enlarged company, the Petach Tikva, Israel-based company said in a statement today. 

  • GlaxoSmithKline receives EU approval of its malaria fighting vaccine for children

    Approval from the EMA opens the door for a similarly favorable opinion from the World Health Organization (WHO), which could then decide whether to recommend vaccination in countries where malaria is endemic

Archived Top Stories ►
  • Energy Fuels emerging as the major US uranium player

    Curtis Moore, vice president of Energy Fuels (TSE:EFR) (NYSE:UUUU), says the company is emerging as the major uranium producer in the United...
    View full size
  • Gold facing ‘perfect storm’ says CMC Markets’ Cieszynski

    Colin Cieszynski, chief market strategist at CMC Markets, explains why he believes gold is facing a perfect storm in the current environment,...
    View full size
  • VolitionRX seeks to revolutionise cancer diagnosis Share

    New York-listed VolitionRx aims to revolutionise cancer screening, and its chief executive Cameron Reynolds explains to Proactive Investors...
    View full size
  • Greencastle Resources CEO outlines royalty strategy

    Tony Roodenburg, chief executive of Greencastle Resources (CVE:VGN), discusses the company’s strategy with Proactive Investors and explains...
    View full size
  • PDAC 2015 presentations: Endeavour Silver

    Terry Chandler, vice president of corporate development at Endeavour Silver (NYSE:EXK, TSE:EDR), explains his plans for the company at the...
    View full size
  • PDAC 2015 presentations: Arian Silver

    Jim Williams, chief executive of Arian Silver (LON:AGQ, CVE:AGQ), talks investors through the strategy at the PDAC Power Breakfast 2015.
    View full size
  • PDAC 2015 presentations: Largo Resources

    Mark Brennan, president, chief executive and director of Largo Resources (CVE:LGO), presents to investors at the PDAC Power Breakfast 2015.
    View full size
  • Canadian Overseas Petroleum CFO on ‘significant’ tie-up with Shoreline Energy

    Christopher McLean, the chief financial officer of Canadian Overseas Petroleum (LON:COPL), explains the benefits of teaming up with Shoreline...
    View full size
  • Mandalay Resources unveils positive Q4 figures

    Record production in its fourth quarter helped gold and silver miner Mandalay Resources (TSE:MND) lift fourth quarter profits despite weak...
    View full size
  • ANGLE CEO: Fully funded for Parsortix ovarian cancer care, new partnership with MD Anderson

    Andrew Newland, the chief executive of ANGLE plc (LON:AGL) spoke about the need for speed to progress the firm’s plans to revolutionise...
    View full size
  • Rathdowney Resources is the Next Zinc Producer in Europe

    Interview with Chairman & Director David Copeland
    View full size
  • Rathdowney Resources is Moving Straight Forward for the Permitting of the Olza Deposit

    Interview with President & CEO Robert Konski - Commodity TV
    View full size