By Angela Moon
NEW YORK (Reuters) – With the broad S&P 500 Index gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street‘s rally inevitably hitting a ceiling is starting to get old.
Concerns about a technical correction have been a hot topic for weeks, especially as the rally accelerated in May – the S&P 500 is up 4.4 percent so far this month and up nearly 17 percent for the year. But as the three major U.S. stock indexes inch higher and higher to set record after record, many analysts are shrugging off the pullback worries. Continue reading
TORONTO, May 13, 2013 /CNW/ – H&R Real Estate Investment Trust (“H&R REIT”) and H&R Finance Trust (collectively, “H&R”) (TSX: HR.UN; HR.DB.C; HR.DB.D; HR.DB.E, HR.DB.F and HR.DB.H) announced their financial results for the three months ended March 31, 2013. Continue reading
WASHINGTON, May 13, 2013 /PRNewswire-USNewswire/ — The following is being released by The Aspen Institute: Continue reading
TSX ticker symbol; BKX
CALGARY, May 14, 2013 /PRNewswire/ – All amounts are in U.S. Dollars unless otherwise indicated: Continue reading
BEND, Ore., May 13, 2013 /PRNewswire/ — Cascade Bancorp (NASDAQ: CACB) (“Company”) the holding company for Bank of the Cascades (“Bank”), today announced net income of $1.7 million or $0.04 per share for the quarter ended March 31, 2013. The full details of the Company’s first quarter 2013 results were filed with the SEC in the Company’s quarterly report on Form 10-Q on May 13, 2013. Continue reading
By Martin Santa
BRUSSELS (Reuters) – Cyprus and Malta have a lot in common: Mediterranean islands enjoying 10 months of sunshine a year, they joined the European Union in 2004, use the euro and have banking sectors that dwarf their economies.
There are so many similarities that some investors have wondered whether Malta might follow Cyprus in needing a bailout to survive the region’s economic crisis. Continue reading
VANCOUVER, May 10, 2013 /PRNewswire/ –
Silver Wheaton Corp. (“Silver Wheaton” or the “Company”) (TSX:SLW) (NYSE: SLW) is pleased to announce its unaudited results for the first quarter ended March 31, 2013. All figures are presented in United States dollars unless otherwise noted. Continue reading
By Marc Jones
LONDON (Reuters) – Strong Chinese trade data and signs that Germany may escape a severe spring slowdown pushed world shares to five-year highs on Wednesday and boosted growth-sensitive currencies and metals.
Wall Street, which has climbed over 13 percent this year, was also eyeing another record day for the S&P 500 and Dow Jones industrial average, with futures pointing to minor gains for both. Continue reading
IRVING, Texas, May 8, 2013 /PRNewswire/ — Commercial Metals Company (NYSE: CMC) announced today that it has agreed to sell $330.0 million aggregate principal amount of 4.875% Senior Notes due 2023 in an underwritten public offering, which is being made under its effective shelf registration statement on file with the U.S. Securities and Exchange Commission. The aggregate principal amount of notes to be issued in the offering has been increased from $300 million to $330 million. The offering is expected to close on or about May 20, 2013, subject to customary closing conditions. Continue reading