• Fosun Signals IPO of Health Assets to Be Announced This Year

    Fosun International Ltd., the flagship of the Chinese conglomerate that owns Club Mediterranee SA, signaled the company will announce information related to initial public offerings of its health-care assets before the end of the year. News about the matter and private-equity investments in health care assets should come out during the second half of the year, group Chairman Guo Guangchang said at a briefing Wednesday in Hong Kong. The conglomerate is parent to Shanghai Fosun Pharmaceutical Group Ltd.,

  • Oil prices are poised for a 2010-style rally, says BofA Merrill Lynch analyst

    Crude prices could rise to as much at $70 a barrel during the peak summer driving season next year as the oil market swings from a surplus to a significant deficit, said Francisco Blanch, head of global commodities and derivatives research at Bank of America Merrill Lynch. In recent weeks traders have been hanging on every word from ministers of petro-states after officials confirmed earlier this month they would speak on the sidelines of the International Energy Forum next month about taking measures to pro

  • Canada’s mining industry faces workers shortage of up to 127,000 — report

    With commodity prices rebounding from their lowest in at least 25 years, miners are stepping up spending and considering the reactivation of projects placed in the back burner, but there is a new looming risk they don’t seem ready to deal with — their ability to access workers with the skills needed in an upswing. That is the main conclusion of a recent report by Canada's Mining Industry Human Resources Council (MiHR), which warns about the immediate consequences of the lack of recruitme

  • Tech sector bubble territory? Not so fast, say analysts

    Fears that the tech sector is entering another bubble have been dismissed by analysts interviewed by CNBC in spite of concern surrounding market statistics that suggest rapid growth for the sector. The tech laden Nasdaq has risen more than 110 percent in the last 5 years while technology stocks listed on the S&P 500 have enjoyed similar gains. Since its initially rocky debut on the Nasdaq in 2012, Facebook's stock price has more than trebled, rising 40 percent in the last 12 months

  • Copper drops to lowest in two months on ample supply

    Copper futures fell to the lowest in two months after stockpiles surged and Barclays Plc flagged concern over growth in China, the world’s biggest consumer. Inventories tracked by exchanges in Shanghai, London and New York climbed five straight days last week to the highest since May. Barclays said in a report that a recent slump in the copper market “may be an early warning sign of weakening in China’s economic momentum.” Futures have fallen for four of the past five weeks on th

  • Ritchie Bros. buys IronPlanet for US$758.5 million

    Ritchie Bros. (NYSE:RBA) will acquire IronPlanet for US$758.5 million cash. The Burnaby-based industrial auctioneer, which began in Kelowna in 1955, has 110 locations worldwide and a market cap of $3.14 billion. Ritchie Bros. closed the day up 1.51% to $28.89. Ritchie Bros. intends to finance the transaction through a combination of cash on hand and new debt. Gregory J. Owens, Chairman and Chief Executive Officer of IronPlanet, will join Ritchie Bros.'s executive team once the t

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NAI 500 Company Movers

NAI 500 Volume Leaders

Symbol Closing Price Change% Vol(k)
LSG 2.08 +8.33% 12,327
FM 9.94 --1.49% 6,397
TGX 0.06 --20.00% 4,091
Symbol Closing Price Change% Vol(k)
TBE 0.03 +0.00% 8,463
OIL 0.01 +0.00% 4,763
BIR 9.08 --0.11% 2,194
Symbol Closing Price Change% Vol(k)
IMUC 0.15 +21.33% 35,738
ETRM 0.17 --8.92% 11,526
PTX 0.64 +7.06% 8,487
Symbol Closing Price Change% Vol(k)
OCLR 7.88 --1.01% 4,102
GLUU 2.35 --0.42% 1,524
QUIK 0.83 --4.94% 1,107

NAI 500 Percent Gainers

Symbol Closing Price Change% Vol(k)
TSD 0.90 +15.38% 5
CZX 0.38 +15.15% 355
LLG 1.15 +15.00% 282
Symbol Closing Price Change% Vol(k)
MMT 0.25 +100.00% 420
PSH 1.19 +67.61% 3
SFD 1.50 +15.38% 3
Symbol Closing Price Change% Vol(k)
IMUC 0.15 +21.33% 35,738
SSH 0.89 +9.88% 50
NSPR 0.15 +8.65% 5,319
Symbol Closing Price Change% Vol(k)
FALC 1.03 +9.57% 74
CCUR 5.45 +5.83% 149
WSTG 17.84 +5.34% 0

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