Data released ahead of the U.S. Thanksgiving holiday on Nov. 26 showed that gross domestic product in the U.S. grew 2.1% in the third quarter — not the 1.5% reported in October — while single-family home sales in October rose 10.7%,…
VANCOUVER — Things might be a little tense at Fission Uranium’s (TSXV: FCU; US-OTC: FCUUF) annual general meeting (AGM) due to a proxy battle launched by a retail shareholder looking to replace its board of directors. A…
Canadian equities ended the trading week in the red. The S&P/TSX Composite Index fell 0.4% to 13,425.19. The S&P/TSX Global Mining Index lost 2.2% to finish at 45.12, and the S&P/TSX Capped Diversified Metals & Mining Index…
The S&P/TSX Venture Composite Index was on the rise, as it gained 1.36 points en route to a 522.01-point weekly close.
VANCOUVER — There’s been a rising tide of proxy contest activity in Canadian markets since 2008, and advisory firm Kingsdale Shareholder Services is cautioning companies that higher shareholder activism represents a “new…
U.S. equities gained after the Federal Reserve signalled a possible December rate hike at its last policy meeting, suggesting the U.S. economy is getting stronger. The Dow Jones Industrial Average rose 1.6% to finish at 17,448.07, the S&P…
VANCOUVER — Uranium prices have taken a beating over the past few years, but Australia-based Bannerman Resources (TSX: BAN; US-OTC: BNNLF) hasn’t lost faith in its wholly owned Etango open-pit asset, 38 km from the coastal town…
Lydian International (TSX: LYD; US-OTC: LYDIF) knows it has to adjust expectations at its wholly owned Amulsar gold project in south-central Armenia if it wants to secure development funding under current market conditions. To that end, the…
Canada’s benchmark index rose 2.6%, or 346.65 points, to finish at 13,473.83, a strong recovery from the triple-digit loss it posted during the previous trading period. Gold fell to US$1,065.18 per oz. — its weakest point since…
The S&P/TSX Venture Composite Index dropped 3.28 points en route to a 520.65-point weekly close. Canadian markets are finding it hard to generate positive momentum amid a prolonged slump in commodity prices. Meanwhile, Statistics Canada…
Short positions outstanding at Nov.15/15 (with changes from Oct.31/15).
Lower prices for gold, copper and oil (benchmark Brent crude dipped below US$45 per barrel for the first time since August), weighed on U.S. resource equities, while better labour market data pointed to the economy’s improving…
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