Today on Stockhouse
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Peter Kennedy reports on why Stevia Nutra may leave bitter aftertaste in his Stockhouse Short Report.
Top Bullboards post: “For Lumina to get to the next step they have to make a deal. However, any claim that they are about to sell some or all of their assets is just a curve ball. Lumina's claim is not ready to be sold in its current state. No major with any common sense would buy Lumina's Taca Taca claim or any part of. Lumina has the copper. Of that there is no doubt. But it has to make a deal before it can be sold to anybody else. Only one deal needs to be made and it can then be sold to the highest bidder and then who knows, Blue might be right, it might be sold before the end of August.” From MidasTouchez on the Lumina Copper (TSX: V.LCC, Stock Forum) board.
Top Bullboard: Intertainment Media (TSX: V.INT, Stock Forum) received the most reads and posts.
Top blog:fredski presents an article that examines the cause of the recent natural gas rally in the Carpe Diem blog.
For news about small stocks that made big moves Friday’s trading, please read the Stockhouse Canadian Small and Micro-cap Stock Report.
Word on Wall Street
"The market has been grinding higher today on the thought that we'll get some sort of resolution with Greece this weekend," said Douglas DePietro, managing director in institutional equities at Evercore Partners, in an interview with CNNMoney.
| Selected expected U.S. earnings releases for Monday |
| (Consensus Estimates vs. Last Year) |
|
| Hoku Corporation (NASDAQ: HOKU) |
Q4 |
$ - 0.20 vs. $ - 0.07 |
|
| IHS Inc. (NYSE: IHS) |
Q2 |
$0.94 vs. $0.83 |
|
| Southern Community Financial (NASDAQ: SCMF) |
Q1 |
$0.00 vs. $ - 0.03 |
|
| Selected expected Canadian earnings releases for Monday |
| (Consensus Estimates vs. Last Year) |
|
| Volta Resources (TSX: T.VTR) |
Q1 |
$ - 0.01 vs. $ - 0.01 |
|
|
Today In The Markets
North American markets end higher as investors turn spotlight on Greek election
|
| DJIA |
12,767.17 |
+115.26 |
 |
|
| NASDAQ |
2,872.80 |
+36.47 |
|
|
| S&P500 |
1,342.84 |
+13.74 |
|
|
| S&P/TSX |
11,524.90 |
+58.48 |
|
|
| S&P/TSX Venture |
1,251.02 |
-1.31 |
 |
|
TORONTO-NEW YORK (The Canadian Press) - - The Toronto stock market held onto most of its gains Friday on optimism that central banks are prepared to respond to the outcome of the Greek election this weekend, if required.
The sentiment buoyed markets around the globe as well after the president of the European Central Bank said it would continue its "crucial role" of making sure the financial system has sufficient cash.
The S&P/TSX composite index moved ahead 58.48 points to 11,524.90, up 0.2 per cent for the week. The TSX Venture Exchange slipped 1.31 points to 1,251.02.
On Wall Street, the Dow Jones industrial average was ahead 115.26 points at 12,767.17. The Nasdaq composite index rose 36.47 points to 2,872.80 and the S&P 500 index added 13.74 points to 1,342.84.
Please click here for the complete U.S. and Canadian market summaries.
After-Hours News
Dia Bras Exploration (TSX: V.DIB, Stock Forum)
After Friday’s close, the junior explorer said it was terminating its letter of intent to acquire Plexmar Resources (TSX: V.PLE, Stock Forum).
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