Tekmira, Centamin in focus
The S&P/TSX composite index gained 29.42 points to open Thursday at 15,292.15
The Canadian dollar added
Tekmira Pharmaceuticals Corp is exploring the possibility of making more of its experimental Ebola treatment, Chief Executive Officer
Gold miner Centamin Plc's second-quarter core earnings nearly halved as it mined lower-grade ore at its Sukari operation in
On the economic beat, Statistics Canada reported that its New Housing Price Index rose 0.2% in June, up slightly from the 0.1% gain observed in May. The increase was largely the result of higher new home prices in
All but four of the 14 Toronto subgroups were higher in the early going, most notably consumer staples, up 0.6%, real-estate, growing 0.4%, and financials, up 0.3%.
The four laggards were weighed most by global base metals, down 0.7%, metals and mining, off 0.3%, and health-care, ailing 0.1%.
U.S. stocks opened slightly higher on Thursday, but gains were capped by a larger-than-expected jump in jobless claims and a cut in outlook by Wal-Mart, the world's largest retail chain.
The Dow Jones Industrials eked up 6.84 points to 16,658.64
The S&P 500 added 3.12 points to 1,949.84. The NASDAQ composite improved 4.07 points to 4,438.20.
The retail sector was in focus, as Dow component Wal-Mart lowered its earnings forecast. Second-quarter operating profit of
Department-store operator Kohl's posted slightly improved second-quarter earnings from a year ago, despite a decline in sales. Same-stores sales turned positive in July. Shares were up 2.4%.
After Thursday's closing bell, embattled retailer J.C. Penney is projected to report a narrower second-quarter loss of
A report from the
The prices paid for goods imported into the U.S. declined by 0.2% in July, the first drop in three months, led lower by fuel prices, the department reported separately.
Prices for 10-year U.S. Treasuries gained, lowering yields to 2.39% from Wednesday's 2.41%. Treasury prices and yields move in opposite directions.
Oil prices fell
Gold prices picked up
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