07012016Fri
Last update: Fri, 01 Jul 2016 02pm

Americas

Markets - Equity - Americas

TSX opens higher as energy, mining shares gain TORONTO: Canada's main stock index opened higher on Thursday as shares of energy and gold producers jumped with commodity prices, offsetting a decline in the financial sector.The Toronto Stock Exchange's S&P/TSX composite index was up 33.39 points, or 0.24 percent, at 14,117.82 shortly after the open.Copyright Reuters, 2015 ...

Markets - Equity - Americas

Wall St drops after Swiss move; banks tumble NEW YORK: US stocks fell, erasing small gains at the open on Thursday, as investors grappled with a move by the Swiss National Bank to scrap its three-year euro cap on the franc.Trading was likely to remain volatile through the session, on the heels of choppy premarket action that saw futures fluctuate between gains and losses, after the SNB said it would discontinue the cap it introduced on Sept. 6, 2011 to fight recession and ...

Markets - Equity - Americas

Wall St to drop at open on global economic worries NEW YORK: US stocks were set for a sharply lower open, putting equities on track to extend a three-day drop, as worries over weak economies globally continued to pressure commodities and as US retail sales for December fell short of expectations.Copper touched its lowest since July 2009 and were last down 5 percent at $5,570 a tonne after the World Bank cut its global forecast for economic growth in 2015 and next year. Shares of ...

Markets - Equity - Americas

Wall St falls on global demand worry NEW YORK: US stocks dropped at the open on Wednesday, extending a three-day slide, as worries over weak economies globally continued to pressure commodities and as US retail sales for December fell short of expectations. The Dow Jones industrial average fell 169.44 points, or 0.96 percent, to 17,444.24, the S&P 500 lost 16.72 points, or 0.83 percent, to 2,006.31 and the Nasdaq Composite dropped 46.84 points, or 1 percent, to 4,614.66. Copyright Reuters, 2015 ...

Markets - Equity - Americas

Embraer warns of negative cash flow; shares tumble SAO PAULO: Shares of Embraer SA fell on Wednesday after the Brazilian planemaker said it expected to report negative cash flow in 2014 due to delayed payments from clients, raising questions about the future of defense contracts as the government struggles with its fiscal goals. The planemaker revised its 2014 free cash flow estimate to negative $400 million, down from an estimate of slightly positive cash flow in February of last year, according to a ...

Markets - Equity - Americas

TSX advances as US hopes lift banks, insurers TORONTO: Canada's main stock index climbed on Tuesday as shares of banks and insurers rose on optimism over strong U.S. profit reports as the fourth-quarter earnings season got underway.Alcoa Inc reported a higher-than-expected quarterly profit on Monday as the aluminum maker benefited from automotive demand, stronger selling prices and lower energy costs.Oil prices, which have been hit by concerns about oversupply, extended their slide on Tuesday. They are down about 60 percent since June.Allan Small, ...

Markets - Equity - Americas

Wall St rallies after 2-day drop, with focus on earnings NEW YORK: US stocks rallied on Tuesday to rebound from a two-day decline as investors shrugged off another decline in oil prices and shifted attention to corporate earnings season.Alcoa Inc reported a higher-than-expected quarterly profit due to automotive demand, higher aluminum prices and lower energy costs. The stock climbed as high as $16.52 before paring gains, and was last down 1.6 percent to $15.91.Gains were broad, with each of the 10 major S&P sectors in ...