Newswires archive




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  • US stocks rise as Dow closes up 222 points, lifted by Visa, upbeat data

    Thu 8:05 pm

    US stocks rise as Dow closes up 222 points, lifted by Visa, upbeat data

    U.S. stocks ended higher Thursday, with the Dow given a big lift by Visa as well as upbeat economic data, a day after the Fed showed confidence in the US economy and pulled the plug on its latest quantitative easing program.

  • New Argentina hydrocarbon law a boon for Madalena Energy, spells greater transparency and better incentives

    Thu 6:53 pm

    New Argentina hydrocarbon law a boon for Madalena Energy, spells greater transparency and better incentives

    Madalena, following its acquisition of Gran Tierra’s Argentinean assets in June, now has 14 concessions across Argentina over 1 million net acres of land, compared with three blocks over 132,000 acres previously. It also has a major foothold in an area dominated by industry majors like YPF, Chevron, Total, Exxon and several others. 

  • TSX falls for 2nd day on disappointing earnings, gold price plunge

    Thu 4:59 pm

    TSX falls for 2nd day on disappointing earnings, gold price plunge

    Canadian shares retreated for a second day as investors assessed disappointing corporate results from Goldcorp to Bombardier, and as a slump in the bullion price fueld by upbeat U.S. economic data weighed on gold producers. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) edged down 0.3 percent to 14,491.12 at 12:27 p.m. in Toronto. 

  • Dow pushed higher by Visa as shares rally over 9%

    Thu 4:15 pm

    Dow pushed higher by Visa as shares rally over 9%

    U.S. stocks were mixed in Thursday afternoon trading, as the Dow was lifted in the triple digits by Visa, while the Nasdaq and S&P 500 fell behind as investors continued to digest the Fed's more hawkish tone on interest rates, after the central bank ended its latest quantitative easing program yesterday as expected.