BTV Weekly Market Wrap
For Friday, April 27, 2012. Talyor Thoen, Host of BTV - Business Television, recaps the markets in less than 4 mins. This week: The silver company breaking production records, billions reported in Q1 earnings, and a $31 mil financing.
Summary of keypoints and companies mentioned:
Statistics Canada mining and exploration helped 2011 GDP rise.
U.S. first-quarter GDP up 2.2%.
Amazon.com (AMZN: NasdaqGS) Q1 earning beat analyst’s predictions.
Expedia (EXPE : NASDAQ) reports Q1 earning above expectations.
Agnico-Eagle Mines Ltd (NYSE: AEM) (TSX: AEM) reports Q1 earnings.
Shoppers Drug Mart Corp. (TSX: SC) reports Q1 earnings.
Inmet Mining (IMN: TSX) reports a 62% increase in quarterly profit.
Prosperity Goldfields Corp. and Smash Minerals create new company (TSX.V: PPG)
IAMGold Corp. (TSX.IMG) (IAG: NYSE) offers to buy Trelawney Mining and Exploration (TRR: TSX.V)
Glass Earth Gold Limited (TSX.V: GEL)(NZAX:GEL) reports new gold discovery in NZ.
Aurcana Corporation (AUN:TSX.V) record silver production for Q1.
Guyana Goldfields Inc. (TSX: GUY)
Sintana Energy (TSX.V: SNN)
Calico Resources Corp (TSX.V: CKB)
Contact Exploration Inc. (TSX.V: CEX)