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  • Gold miners rise as the All Ords drops below 5,000 points

    8:09 am

    Gold miners rise as the All Ords drops below 5,000 points

    Financial stocks continued to show weakness as market volatility hit investor sentiment, sending the All Ords down 76.5 points, or 1.5%, to 4,964.3. The Shanghai Stock Exchange Composite Index is up 0.51% to 2,286.98 points while the Dow Mini gained 4 points to 15,294.5.

  • Peninsula Energy progressing pre-production program at Lance Uranium Projects

    5:48 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 Project of the Lance Uranium Projects remains on track for full permitting later this year.

  • Po Valley on track for solid cash flow, higher Italian gas production

    3:08 am

    Po Valley on track for solid cash flow, higher Italian gas production

    Graham Bradley, the chairman of Po Valley, has told shareholders that solid cash flows, increased gas production and funding for new production facilities are on the cards for the company this year. It is also on the hunt for farm-in partners to progress a number of its assets.

  • Hughes Drilling sees revenue and profit growth continuing in 2013

    2:26 am

    Hughes Drilling sees revenue and profit growth continuing in 2013

    Hughes’ positioning as an essential service provider in the production process of operating mines largely shields it from the problems faced by other service providers with business models focused on the exploration, development or construction phases of new mines.

  • Caza Oil & Gas nets vital funding for ‘significant’ Bone Springs opportunity

    9:58 am

    Caza Oil & Gas nets vital funding for ‘significant’ Bone Springs opportunity

    Apollo Investment Management has agreed to buy up to US$50mln of senior secured notes in the company, with the first US$20mln being paid up front.

  • U.S. retailers release mixed results in after hours

    Thu 10:20 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.

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

    Thu 8:20 pm

    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

    Thu 8:18 pm

    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.