Top Story

Thu 5:20 pm

U.S. retailers release mixed results in after hours

A series of American retailers reported a mixed bag of quarterly results after the bell. Sears Holdings (NASDAQ: SHLD) confirmed investor fears, sending the stock tumbling after the company reported a first-quarter loss twice as large as expected. After returning to the black in the fourth quarter following three-straight losing quarters, the Sears department store holding company says it lost $279 million, or $2.63 per diluted share.

Breaking News

Thursday, May 23, 3:55 pm

Lupaka Gold strenghens board with three Peru-focused additions

Lupaka Gold (TSE:LPK)(LMA:LPK) has added three new directors with a Peruvian focus to its board  - Hernan Barreto, Jaime Pinto, and Luquman Shaheen - at its 2013 annual general meeting that ...

International

12:48 am

Peninsula Energy progressing pre-production program at Lance Uranium Projects

With the appointment of an Engineering, Procurement and Construction contractor and the high possibility that a Supplemental Environmental Impact Statement will be issued in November, Peninsula Energy’s Ross Pro...

Articles

  • U.S. markets well off session lows; retail in focus

    U.S. stocks cut losses substantially on Thursday, with Dow industrials actually moving into the black after encouraging new home sales data, which worked against fears of the Fed potentially easing its bond buying program in the near term and weak Chinese manufacturing data. 

  • Retail earnings watch after the bell

    Sears Holdings Corporation (NASDAQ: SHLD) will reveal how much it's slipping amid puddles of red ink when it reports quarterly results after the bell. Although analyst sentiment has improved somewhat, Sears will likely swing to a loss after posting an adjusted profit of $429 million in 2012's fourth quarter, interrupting three-straight quarterly losses. 

  • Pivotal Therapeutics, RESAAS confirmed for CNSX sponsored Proactive Forum in Toronto

    The next Proactive One2One Investor Forum will take place in early June as we showcase another batch of exciting junior companies in Toronto, with the event focused on Canadian National Stock Exchange-listed equities. The event kicks off on June 6th in Toronto at 5:30 pm, at the Toronto Region Board of Trade - 77 Adelaide Street West, Suite 350. 

  • Gold's safe haven appeal reaffirmed once more

     

    Gold futures were up across the board Thursday as investors reaffirmed the precious metal’s status as a safe haven in the face of weaker than expected economic data from China and a U.S. dollar under pressure

  • Revett Minerals dealt another blow as it cuts workforce on delays at Troy mine

    Revett Minerals (NYSE MKT:RVM) (TSE:RVM)  plunged almost 25 per cent on Thursday after the company said it must slash its workforce at its Troy mine amid some unexpected structural damage found as part of its underground development work. 

  • Canadian stocks end four-day gain on sluggish China data; TD Bank slides

    Canadian shares dropped on Thursday, ending a four-day winning streak, as the manufacturing industry in China, the largest importer of Canadian commodities, unexpectedly shrank. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) declined 0.6 percent to 12,676.17 at 12:29 p.m. in Toronto on Thursday. Two shares declined for every stock that gained. 

  • Sunridge Gold defines sixth mineral resource at Asmara project

    Sunridge Gold Corp. (CVE:SGC) has added more good news to an already auspicious month with the completion of a mineral resource estimate for the Kodadu target on the company’s Asmara project in Eritrea, the sixth such mineral resource defined by the Vancouver-based exploration and development company on the property.

  • Silvercorp Metals implements new mining strategy at Ying District to lower total mining costs

    Like many of its peers, Silvercorp Metals (TSE:SVM)(NYSE:SVM) has posted fourth quarter results that reflect the current challenges facing the mining industry, but the China-focused silver producer says that it is implementing a new mining strategy at its core operations that will lead to lower total mining costs, with the company also forecasting higher ore production for its next fiscal year. 

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