TSX posts gains, Mar. 3-7
Disappointing jobs data in Canada showing that the economy shed 7,000 jobs in February — leaving the country’s unemployment rate unchanged at 7% — were offset by news of stronger employment numbers in the U.S. The S&P/TSX…
Stock Markets/Investing
US stocks up on strong jobs data, March 3-7
U.S. equities ended the trading week in positive territory, lifted by strong jobs data. The Labor Department reported that U.S. employers created 175,000 jobs in February, above the expected 149,000 positions.
TSX Venture bounces back, Mar. 3-7
The S&P/TSX Venture Composite Index returned to the black during the week, as it posted a 1.7%, or 17.6-point gain, en route to a 1,043.01-point weekly close. The political turmoil in the Ukraine is fuelling market volatility, with…
Markets show signs of financing life
VANCOUVER — For three years the sector struggled through a dearth of financing and mergers and acquisitions (M&A) activity. Two months into 2014, it seems this year will be better: equity valuations are improving, M&A offers are…
Short Position Report
Short positions outstanding at Feb. 28/14 (with changes from Feb. 15/14).
US markets continue to roll, Feb. 24-28
The U.S. equity market keeps defying experts’ warning of a correction, with the Dow Jones Industrial Average up 219 points to 16,321.71, the S&P 500 up 23 points to 1,859.45 and the Nasdaq up 35 points to 4,308.12 for the period.
Gold developers rethink mine strategies in new market reality
VANCOUVER — Recent headlines have focused on the impact of a lower gold-price environment on the in-situ reserves and spending habits of majors and producers, but there’s also been a shift amongst smaller-cap companies with…
TSX Venture holds steady, Feb. 24-28
After ascending for almost three weeks, the S&P/TSX Venture Composite Index treaded water over the trading period, ending the week up 3.71 points at 1,025.37. Trading activity remained strong, with an average of 77.9 million shares trading…
PDAC: Ned Goodman on China, gold and Warren Buffett
“If you think it’s all about money, if you think it’s all about gold, you’re right,” Ned Goodman, president and CEO at Dundee Corp. (TSX: DC.A), declared at a luncheon during the Prospectors & Developers…
TSX slips, Feb. 24-28
The S&P/TSX Composite Index dipped nearly 4 points to 14,209.59 during the trading week. Both the gold and diversified miners edged down. The S&P/TSX Capped Diversified Metals & Mining Index dropped 2.28 points to 835.14, while the…
U.S. equities slip, Feb. 17-21
Economic indicators in the U.S. were mixed, with the dollar falling at the start of the week to its lowest level since January and data mid-week showing housing starts in January posted their largest drop in three years, while U.S. factory…
TSX Venture carries momentum, Feb. 18-21
The S&P/TSX Venture Composite Index jumped 2.5%, or 25.31 points, en route to a 1,021.66-point close for the week. The Venture closed in the green for 11 straight trading days as it broke the 1,000-point barrier for the first time in nearly…