Weak corporate earnings and lower prices for commodities pushed down all three major U.S. indexes. The S&P 500 Index fell 2.2% to close at 2,079.65. The Dow Jones Industrial Average lost 2.9% to finish at 17,568.53, while the Nasdaq dropped…
The S&P/TSX Venture Composite Index declined for a fifth week, closing down 5.8% — or 36.3 points to 592.48 points — while markets weathered declining commodity prices.
Canada’s resource-heavy benchmark index took a beating as prices for gold, copper and oil touched significant lows. Weaker-than-expected economic data from China and the Chinese equities rout added fuel to the slide in commodity stocks,…
July has been such a brutal month for commodities producers that even last year’s prices are looking pretty good now. The rout in commodities prices in recent weeks has been unrelenting, wide-ranging and driven by macroeconomic factors…
Strong earnings reports and relief after the parliament in Greece voted for austerity measures lifted all three major indexes in the U.S. The Dow Jones Industrial Average gained 1.8% to finish at 18,086.45, the S&P 500 Index rose 2.4% to…
VANCOUVER — Ontario-focused Lake Shore Gold (TSX: LSG; NYSE-MKT: LSG) has been one of the better turnaround stories over the past year, and now the company is looking to grow further. Lake Shore is spending $25 million on…
The S&P/TSX Venture Composite Index declined for a fourth week, as it closed down 1.9%, or 12.17 points, at 628.81 points. Markets were hit by falling commodity prices, while Statistics Canada reported that foreign investors reduced their…
Canada’s benchmark index added 109.62 points, or 0.8%, to close the turbulent week at 14,642.84. The S&P/TSX Capped Diversified Metals & Mining Index plunged 6.8% to 614.32, while the S&P/TSX Global Gold Index fell 6.7% to…
Short positions outstanding at July 15/15 (with changes from June 30/15).
The Greek crisis and the Chinese stock market crash monopolized headlines, while the U.S. trade deficit widened to US$42 billion in May from US$40.9 billion in April. U.S. market indexes were relatively flat, with the Dow Jones Industrial…
The S&P/TSX Venture Composite Index had a six-month low during the trading sessions, dropping 4.4%, or 29.60 points, before finishing at 640.98 points. Investors monitored the Greek debt crisis and Chinese stock market, while commodity…
VANCOUVER — The Canada Revenue Agency (CRA) has taken the first shot in what is likely to become a protracted legal battle with streaming outfit Silver Wheaton (TSX: SLW; NYSE: SLW), and the results could affect the…
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