Top Story

12:49 pm

TSX retreats as energy producers drop ahead of OPEC meeting

Canadian shares retreated as energy producers dropped with oil prices hitting a four-year low ahead of an OPEC meeting later this week. The resource-heavy benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) slid 0.2 percent to 15,039.96 at 12:04 p.m. in Toronto. Two shares declined for every stock that advanced as six out of 10 main groups were down.

Breaking News

Wednesday, November 26, 12:07 pm

Revive Therapeutics to start clinical trial of potential gout treatment in US

Revive Therapeutics' (CVE:RVV) gout treatment, REV-002 or Bucillamine, has been accepted by the US FDA to begin a clinical trial, with plans to initiate a phase 11-a study promptly in the US. The ...

International

12:16 pm

Stratex deserves more credit for impending production, says broker

Setting a 12p per share price target, Stratex’s house broker based its assessment on the ‘imminent commissioning’ of the Altintepe mine.

Articles

  • Wall Street fairly steady ahead of Thanksgiving

    U.S. stocks wavered around breakeven after a deluge of data early Wednesday, including higher than expected initial jobless claims and lower than anticipated consumer spending.

  • Falco bolsters board with nomination of three mining industry experts

    Falco Resources (CVE:FPC), which is developing its land package in the Rouyn-Noranda mining camp, has nominated three mining industry veterans to stand for election as part of the company's board of directors at its annual meeting of shareholders to be held in December.

  • Madalena's Q3 revenues surge as production spikes 300%

    Madalena said the third quarter was highlighted by its accretive acquisition of Gran Tierra's Argentinean assets, as well as the new horizontal oil and gas discovery in the Nordegg formation on its western Canadian assets.

  • Home Depot to face 44 data breach-related lawsuits in U.S, Canada

    Home Depot (NYSE:HD), the largest U.S. home-improvement retailer, said it faces at least 44 civil lawsuits in the U.S. and Canada related to a widespread data breach earlier this year that affected 56 million debit and credit cards. The company said several state and federal agencies also are looking into the data breach and it may face more litigation from customers, banks, and shareholders.

  • Taseko seen as high cost producer, Dundee Capital downgrades

    Taseko Mines (TSE:TKO) was downgraded to a "neutral" rating from "buy" today by analysts at Dundee Capital Markets, who also lowered their price target for the "high cost"  copper producer given the current weak price environment for the metal.

  • Atlas Cloud at “Tip of the Iceberg” as cloud computing catches on

    It is tempting to say that all an investor needs to know about Atlas Cloud (CSE:AKE) is that the young data centre expects to be profitable a few months from now, grow slowly but surely, and see earnings inch higher with each new contract signed. But that would be to overlook the larger, more interesting picture that revolves around the company’s decidedly refreshing business philosophy. 

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