TSX bounces back after 4 days of losses

Gold producers lifted the materials index 2.5% -- despite bullion's US$6.50 decline to US$1,409.30 an ounce -- after Goldcorp reported fourth-quarter adjusted earnings of US$417.1 million, or 57 cents a share, on Thursday, more than double the year-ago profit of 25 cents, leading the world'...

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Bibliographic Details
Published inTimes colonist (Victoria)
Main Author Morrisey, John
Format Newspaper Article
LanguageEnglish
Published Victoria, B.C Postmedia Network Inc 26.02.2011
Subjects
Stock prices
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Summary:Gold producers lifted the materials index 2.5% -- despite bullion's US$6.50 decline to US$1,409.30 an ounce -- after Goldcorp reported fourth-quarter adjusted earnings of US$417.1 million, or 57 cents a share, on Thursday, more than double the year-ago profit of 25 cents, leading the world's second-largest gold company to hike its monthly dividend 11%.