Teck, BlackBerry up
The S&P/TSX composite index regained 15.19 points to greet noon at 15,409.57
The Canadian dollar was down
Teck Resources Limited reports a second-quarter net profit of
Adjusted profit, excluding items, was
However, one big reason for the improvement was a cost cutting program launched two years ago that Teck said has exceeded its initial goals.
Loblaw Companies posted a net quarterly loss of
Rogers Communications Inc. reports a second-quarter net income of
Rogers shares gained
The base metals sector advanced, as the Chinese manufacturing data sent September copper up
The tech sector gained while BlackBerry gained
On the economic slate, Statistics Canada reported that those receiving regular employment insurance benefits fell by 12,100 or 2.3%. The total number of beneficiaries for the month was 504,100.
All but three of the 14 Toronto subgroups were higher, led by metals and mining, up 1.1%, information technology, up 1%, and consumer staples, up 0.9%.
The three laggards were gold, down 1.5%, materials, off 0.4%, and industrials, sliding 0.2%.
The S&P 500 rose to yet another new high Thursday and is now within range of 2,000.
The Dow Jones Industrials inched up 6.51 points to 17,093.14.
The S&P 500 gained 2.93 points to 1,989.94. The NASDAQ composite moved into the green 6.17 points to 4,479.87.
Overall, corporate earnings for the second quarter have been strong. Of the 148 members of the S&P 500 that have reported earnings as of Wednesday, 102 have been better than expected, according to S&P Capital IQ.
Facebook shares soared 7% to a record after posting earnings that blew away expectations.
Qualcomm shares plunged due to worries over the company's business in
AT&T slipped after reporting earnings that missed expectations by a penny.
Amazon and Pandora will report after the close, likewise Starbucks and Visa
Caterpillar shares fell after the construction equipment maker lowered the mid-point of its 2014 sales outlook, citing weakness in
General Motors expects to pay between
Rival automaker Ford reported a quarterly pre-tax profit of
The number of Americans filing first-time claims for unemployment benefits fell to a more than eight-year low, according to the
Prices for 10-year U.S. Treasuries fell, raising yields to 2.51% from Wednesday's 2.46%. Treasury prices and yields move in opposite directions.
Oil prices docked
Gold prices dipped
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