Today on Stockhouse
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Ticker Trax’s Thom Calandra believes this gold junior's timing in West Africa is good.
Top Bullboards post: “Teuton has the largest land package in the so-called Golden Triangle region of BC. Teuton's Treaty Creek property has "company making" potential, as the drilling there thus far has "hit" in one hole 241 meters of .8 gpt au, which is comparable to Seabridge's neighboring KSM deposit. Teuton's High property borders to the south the exciting Pretium Resource's Snowfield-Brucejack properties. Robert Quartermain, former CEO of Silver Standard, has come out of retirement to advance this multi-million ounce gold and silver prospect … Teuton plans to explore the High property this summer. Of significant interest is a relatively large gossan just to the south of the Brucejack property.” From Redrum180 on the Teuton Resources (TSX: V.TUO, Stock Forum) board.
Top Bullboard:Intertainment Media (TSX: V.INT, Stock Forum) collected the most posts and reads on a day its stock soared more than 102%.
Top blog: MRSPEC suggests members take a look at this zinc junior, with a low float, a billion dollar deposit, and Teck as a partner and neighbor in the Day trade or buy and hold blog.
For news about small stocks that made big moves in Tuesday’s trading, please read the Stockhouse Canadian Small and Micro-cap Stock Report.
Today on Stockhouse
"This is a good indicator that businesses have come out of the gate strongly in 2011," said Burt White, chief investment officer for LPL Financial, in an interview with Associated Press. "We are seeing businesses spend again and this is exactly what we needed to see for this economy to move forward."
| Selected expected U.S. earnings releases for Wednesday |
| (Consensus Estimates vs. Last Year) |
|
| Con-way (NYSE: CNW) |
Q4 |
$0.09 vs. $0.00 |
|
| GT Solar International (NASDAQ: SOLR) |
Q3 |
$0.38 vs. $0.25 |
|
| Visa, Inc. (NYSE: V) |
Q1 |
$1.20 vs. $1.02 |
|
| Yum! Brands (NYSE: YUM) |
Q4 |
$0.60 vs. $0.50 |
|
| Selected expected Canadian earnings releases for Wednesday |
| (Consensus Estimates vs. Last Year) |
|
| Suncor Energy (TSX: T.SU) |
Q4 |
US$0.49 vs. $0.20 |
|
Today In The Markets
TSX closes higher; oil, mining stocks gain as traders eye Mideast uncertainty
|
| DJIA |
12,040.16 |
+148.23 |
 |
|
| NASDAQ |
2,751.19 |
+51.11 |
|
|
| S&P500 |
1,307.59 |
+21.47 |
|
|
| S&P/TSX |
13,712.62 |
+160.63 |
|
|
| S&P/TSX Venture |
2,301.99 |
+27.44 |
|
|
Toronto & New York (The Canadian Press) - The The Toronto stock market racked up a strong gain Tuesday as stocks got a lift from a strong showing in the U.S. manufacturing sector.
The S&P/TSX composite index began February by surging 160.63 points to 13,712.62 — its second solid triple-digit advance in as many days — while the TSX Venture Exchange gained 27.44 points to 2,301.99.
New York indexes were up well over one per cent with the Dow Jones industrial average closing up 148.23 points at 12,040.16, its first close above the 12,000-mark since June, 2008.
The Nasdaq composite index gained 51.11 points to 2,751.19 and the S&P 500 index rose 21.47 points to 1,307.59.
Please click here for the complete U.S. and Canadian market summaries.
After-Hours News
The First Marblehead Corp. (NYSE: FMD, Stock Forum)
The First Marblehead Corp. announced its financial and operating results for the second quarter of fiscal 2011 and for the six-month period ended December 31, 2010. For the second quarter of fiscal 2011, the company recorded a net loss available to First Marblehead stockholders of $1.5 million, or $0.01 per share, compared to a net loss for the second quarter of fiscal 2010 of $11.7 million, or $0.12 per share.
Amerigo Resources Ltd. (TSX: T.ARG, Stock Forum)
Amerigo Resources Ltd. is pleased to announce production results for the fourth quarter of 2010 from Minera Valle Central, the Company's operations located near Rancagua, Chile. MVC produced 13.11 million pounds of copper and 244,912 pounds of molybdenum during the three months ended December 31, 2010, resulting in 46.6 million pounds of copper and 777,304 pounds of molybdenum for the full year.