Top Story

Fri 3:55 pm

Wall Street edges higher in thin trading ahead of Labor Day long weekend

U.S. stocks rose today in a quiet session ahead of an extended holiday weekend as the latest in a string of positive data pushed investors to extend a rally that had been briefly threatened by geopolitical concerns. The S&P 500 rose 0.3 percent at 3:45 p.m. in New York. The Dow Jones Industrial Average rose less than 0.1 percent, and the tech-heavy Nasdaq Composite increased 0.4 percent.

Breaking News

Friday, August 29, 3:23 pm

Gold down at $1,287, WTI Jumps 1.5%; Palladium touches record high

Palladium rose to a fresh 13-1/2-year high today on worries over uncertain supplies from Russia, the world's largest producer of the metal, while gold prices eased on a dollar rise and gains in U.S...

International

2:55 am

ASX200 up 0.1%, struggles against slip in Chinese data

Weaker Chinese manufacturing data has sent the ASX200 down from earlier gains though it still closed up 0.1% to 5,629.8 points. U.S markets are closed for the Labor Day public holiday which probably held investors bac...

Articles

  • Bombardier touches one-month low as CSeries suffers new setback

    Bombardier (TSE:BBD.B) fell to one-month low after the company's CSeries single-aisle jetliner program suffered another setback when Swedish carrier Braathens Aviation said it would step back from its role as the first operator of the troubled plane. Shares fell to C$3.67, the lowest intraday price since July 31, and were trading at C$3.70, down 2.1 percent, at 2:09 p.m. in Toronto.

  • TSX rises as upbeat data offset banks slump, Ukraine tension

    Canadian shares rose as positive economic data overpowered concerns about increasing tensions in Ukraine and weakness in the financial sector. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) rose 0.3 percent to 15,604.56 at 11:59 a.m. in Toronto. More than two shares advanced for every stock that declined, with eight out of 10 major industries up.

  • Eurocontrol Technics reports narrower H1 Loss, anticipates strong H2

    Eurocontrol Technics Group, a Canadian provider of innovative energy security technologies, reported net loss narrowed in the first half of the year, and anticipated a strong second half. The Toronto-based company said in a statement that second-quarter results reflected the third continuous quarter of positive cash flow and net losses continue to decline despite revenues being slightly down. 

  • Madalena Energy reports oil & gas revenue more than doubles in second quarter

    Madalena Energy Inc. (CVE:MVN) (OTCMKTS:MDLNF), an independent upstream oil and gas company focused on Argentina and Western Canada, reported oil and gas revenue more than doubled in the second quarter. Oil and gas revenue rose to $9.1 million in the three months ended June 30 from $3.9 million in the year-earlier period, the Calgary, Alberta-based company said in a statement today.

  • 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.

  • 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.

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