14.08.2015 15:20:28
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Bay Street Still Rattled By China Currency Move -- Canadian Commentary
(RTTNews) - Canadian stocks were set for a lackluster open Friday morning amid lower commodity prices and concerns about the global economy.
A topsy turvy week was sparked by China's shocking currency devaluation.
Markets have been in flux ever since, with few traders knowing how other central banks will react to Beijing.
The S&P/TSX composite index dropped 101.13 points to close Thursday at 14,238.40.
Aimia Inc. (AIM.TO) reported Friday its second-quarter net earnings of C$32.6 million, compared to last year's loss of C$18.8 million. Earnings per share were C$0.17, compared to loss of C$0.14 a year ago.
Ag Growth International Inc. (AFN.TO) Friday said its second-quarter profit declined to C$8.17 million from C$13.64 million in the previous year. Earnings per share dropped to C$0.58 from C$0.99.
In other earnings news:
*Argonaut Gold Ltd.(AR.TO) *Argonaut Gold Q2 Revenue $43.5 Mln Vs. $40.9 Mln Prior Year
*GDI Integrated Facility Services H1 Net Loss $10.7 Mln Or $1.16/shr Vs Net Loss Of $5.9 Mln Or $3.06/shr Last Year
*IBI Group Inc.(IBG_UN.TO) Q2 EPS $0.07 Vs $0.04 Last Year
*Imperial Metals Corp (III.TO) Posts Q2 Adj. Loss Of $0.12 A Share Vs. Profit Of $0.12 A Share Last Year
Pacific Rubiales Energy Corp (PRE.TO) has changed its name to Pacific Exploration And Production Corporation.
Copper Fox Metals Inc.(CUU.V) has named Braden Jensen CFO.
Statistics Canada reported that its monthly survey of manufacturing showed sales rose 1.2% to $50.8 billion in June.
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