International stock news

Rss Today on Proactive AU

2013-06-20

Why the Dow fell 206 points

 
U.S. investors hit the sell button the moment Fed chairman Bernanke said that the quantitative easing may slow down as early as this year, with the Dow ending the trading day down over 200 points. The Dow though is still up 15.3% year-to-date. In the pre-open markets, the Dow-mini is down nine points to 15,038, with the ASX SPI 200 down 55 to 4820.
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Rss Today on Proactive UK

2013-06-20

Edge Resources' Nichol says recent reserves report was 'conservative'

 
Brad Nichol, CEO and President of Edge Resources (LON:EDG CVE:EDE), the Canadian oil and gas company, says the recent reserves report by Deloitte was 'conservative with estimates' and adds that the issues leading to a decline in daily production last quarter have been resolved.
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Rss Today on Proactive US

2013-06-20

Madalena Ventures to raise up to $6 mln through financings as Argentina development continues

 
Madalena Ventures (CVE:MVN) has made yet another announcement showing the oil and gas explorer's progress, this time saying it has secured financings for proceeds of up to $6 million. The news comes just two days after it announced it has hired a financial advisor to help with the farmout process for its Curamhuele block in Argentina and just a week after it extended the exploration period on the block by a year. 
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