Listen Live
Listen Live
Listen Live

BEFORE THE BELL: Facebook Shares Drop Dramatically; Loonie Looking Up

All eyes will be on Facebook today.

The social media giant reported lower than expected revenue and fewer active users late yesterday.  In pre-market trading shares are down 19-percent.  CEO and Founder Mark Zuckerberg has lost $16-billion in the last 12 hours.

In overnight trading European markets gained ground and Dow futures are up 28 points.

Canadian gold producers may have a rough day after both Barrick Gold and GoldCorp reported disappointing quarterly results after the bell yesterday.

Toy maker Mattel blamed the closure of Toys R Us for missing its sales estimates and has announced they will cut 2,200 jobs.

The loonie is up to $0.7675 U.S.

Oil is down slightly to $69.21 a barrel and gold is also down  $3.70 to $1,227 an ounce.

More key earnings to come today including Amazon and McDonalds.

Continue Reading

ckbx Now playing play

cffm Now playing play

ckcq Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Virtual golf is coming to Quesnel

Virtual golf is coming to Quesnel

B.C. Coroners Service reports 158 suspected drug toxicity deaths in September

The B.C. Coroners Service said Monday that preliminary data shows 158 people died in September of suspected drug toxicity.  The post B.C. Coroners Service reports 158 suspected drug toxicity deaths in September appeared first on AM 1150.

Drug crisis continues to hit close to home in the Cariboo

 The Northern Interior, which includes Quesnel, continues to be one of the worst areas of the province when it comes to drug overdoses.

Joint task force to develop supports for tariff-hit forestry sector

A joint federal and provincial task force will work to determine how to support Canada’s forestry sector amid potentially devastating U.S. tariff rates on softwood lumber. The post Joint task force to develop supports for tariff-hit forestry sector appeared first on AM 1150.

Kersley Fire Fighters battle attic fire

 The Kersley Volunteer Fire Department was called out to Parr Road at around 5-20 p.m. on Sunday evening.
- Advertisement -