Wall Street ends on a high note
U.S. stocks ended in positive territory during the March 4–8 trading week, helped by strong jobs data.
Freeport-McMoRan Inc
Market news: TSX Venture Exchange
The S&P/TSX Venture Composite Index closed the period up slightly at 1,228.66 points for a 0.12% — or 1.42-point — gain. Markets rallied on stronger-than-expected U.S. job numbers and signs of improvement in the European Union.
TSX Venture manages small gain, Jan. 28-Feb. 1
VANCOUVER — The S&P TSX Venture Composite Index closed out the Jan. 28 – Feb. 1 trading period up slightly at 1,228.66 points, which equated to a 0.12% or 1.42 point gain for the week. Markets rallied on stronger-than-expect U.S. job…
U.S. equities extend winning streak, Jan. 21-25
The S&P 500 finished the week at 1,502.96 — the first time since Dec. 10, 2007, that the benchmark index closed above 1,500 points. For the week, the S&P climbed 1.1%, while the Dow Jones Industrial Average advanced 1.8% to finish…
Market news: U.S. Markets
Pessimism about negotiations to avert the fiscal cliff drove U.S. equity markets down, with the Dow Jones Industrial Average slipping 0.32%, or 4.49 points, to close at 1,413.58, while the S&P 500 Index lost 0.15%, or 20.12 points, to…
U.S. equities slip in Dec. 10-14 trading week
Pessimism about negotiations to avert the fiscal cliff drove U.S. equity markets into negative territory with the Dow Jones Industrial Average slipping 0.32% or 4.49 points to close at 1,413.58, while the S&P 500 index lost 0.15% or 20.12…
Market news: U.S. markets
The theme for the period was competing forces, as an upbeat report on U.S. jobless claims weighed against no progress in budget negotiations for the coming fiscal cliff. The tension between the two made for mixed results over the period, as the…
Freeport-McMoRan adds oil and gas to the mix
Freeport-McMoRan Copper & Gold’s (FCX-N) surprise decision to buy two oil and gas companies in a deal involving cash and shares worth nearly US$10.3 billion has divided analysts on whether the acquisitions make sense.
Lundin slips on three-year output guidance
Toronto-based Lundin Mining (LUN-T) dropped slightly after publishing its three-year production outlook for 2013 to 2015, as it lowered its estimates for copper, zinc and nickel from its previous guidance, but managed to keep them above 2012…
Freeport bets on oil and gas
Freeport-McMoRan Copper & Gold’s (FCX-N) surprise decision to buy two oil and gas companies in a deal involving cash and shares worth nearly US$10 billion has divided analysts on whether the acquisitions make sense.
Project generation a win for McLean
Scott McLean and Kevin Stevens were part of a four-man team at Falconbridge that discovered the high-grade Nickel Rim South deposit in Sudbury, Ont., in 2001.
Reservoir, Freeport hit high-grade copper at Timok
Vancouver-based explorer Reservoir Minerals (RMC-V) is seeing its 2012 exploration program at its Timok copper-gold property in Eastern Serbia pay off in a big way, and major producer Freeport-McMoRan Copper & Gold (FCX-N) has taken notice….