Toronto Stock Exchange, May 27-31
The S&P/TSX Composite Index slipped during the trading week, losing 16.8 points to 12,650.42, as investors considered the bleak economic data coming out of Europe and the U.S.
Stock Markets/Investing
TSX Venture Exchange, May 27-31
The S&P/TSX Venture Composite Index continued to mount a bit of a rally during the trading sessions, posting a 14.09-point, or 1.5% increase, en route to a 962.41 weekly close. The index was boosted by stronger-than-expected economic…
New Gold sees opportunity in $310M Rainy River deal
VANCOUVER — With junior equity valuations falling, it’s a good time for larger-cap companies to do a little bargain hunting. And that’s the case for producer New Gold (NGD-T, NGD-X), which has launched a friendly $310-million…
Editorial: Great Bre-Xpectations of a payout dashed
Just how slow do the wheels of justice turn in Canada? It was only a week ago that there was a resolution of the class-action lawsuits stemming from the Bre-X Minerals gold fraud, which was exposed in March 1997, and vapourized $3 billion in…
U.S. markets, May 20-24
For the first week since mid-April, U.S. stock indexes were dragged lower — driven down by worries that the Federal Reserve is planning to taper off its stimulus program and nagging concerns about growth in China. The Dow Jones…
Toronto Stock Exchange, May 20-24
The Toronto Stock Exchange’s main index stayed in the green during the shortened week despite speculation that the U.S. Federal Reserve may slow down its monetary easing.
TSX Venture Exchange, May 20-24
The S&P/TSX Venture Composite Index inched upwards in the four-day week following the Victoria Day long weekend, adding 13.64 points, or 1.5%, to end at 948.32. Trading volumes for the period were down, averaging 53.5 million trades per…
Short Position Report
Short positions outstanding on May 15/13 (with changes from Apr. 30/13).
Toronto Stock Exchange, May 13-17
The S&P/TSX Composite Index rode an up-and-down period and came out ahead, as it gained 41 points to 12,613.12, largely on sentiment that the U.S. economy is recovering.
U.S. markets, May 13-17
U.S. markets continued their upward march, marking their fourth straight week of gains. The Dow Jones Industrial Average advanced 235.91 points, or 1.56%, to close the week at 15,354.40, while the S&P 500 Index rose 33.77 points, or 2.07%,…
TSX Venture Exchange, May 13-17
The S&P/TSX Venture Composite Index dropped 3.3% — or 32.05 points during the period — with falling precious metal prices and a weaker Canadian dollar weighing on the market. Upbeat signs from the U.S. provided a late boost…
Goldcorp’s earnings squeezed
Goldcorp (G-T, GG-N) may have surpassed its long-time rival Barrick Gold (ABX-T, ABX-N) in terms of market capitalization, but that doesn’t mean the company has been insulated from the same bear market that has felled other…