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C:*CURRENT - Fraser Inst. says toll highways to pay for upgrades
[2012-05-18 15:49 ET]
The Fraser Institute says tolls would be an effective way to pay for upgrades to key Western Canadian highways. Specifically, the Trans-Canada Highway through the mountains and the Fort McMurray highway should have such a system. more...

C:WND - Western Wind looks to identify two Stockhouse posters
[2012-05-18 14:04 ET]
Western Wind Energy Corp. has filed a pair of petitions seeking to identify Stockhouse posters "j_mart" and "patheticnews." The company claims that the posters called its CEO, Jeff Ciachurski, a crook and a stock manipulator. more...

C:*SEC - SEC fines Global Development men $2.6-million (U.S.)
[2012-05-16 14:09 ET]
The SEC has secured a $2.6-million (U.S.) penalty against Philip Pritchard and Pietro Cimino for the pump-and-dump of Global Development and Environmental Resources Inc. Vancouver's Darko Mrakuzic previously received a $9-million (U.S.) fine. more...

C:*CNSX - Pure et al. take 31.7%, Chi-East to shut down
[2012-05-15 17:52 ET]
Pure Trading was the fourth most active alternative trading system, including Alpha Exchange, last week. The TMX Group's CEO encourages graduates at his Iowa alma mater, and Chi-East plans to shut down next week because of low volume. more...

C:*SEC - SEC suspends 379 prospective pump-and-dumps
[2012-05-15 14:59 ET]
The SEC has suspended 379 shells, citing the need to prevent them from becoming future pump-and-dumps. The stocks include former VSE listing Stratcomm Media Ltd. and Vancouver spam promotion Shallbetter Industries Inc. more...

C:*CURRENT - Fraser Inst. speaker says activists distort oil sands
[2012-05-14 20:32 ET]
Environmental activist groups, such as Greenpeace, distort the debate on Canada's oil sands, says Dr. Patrick Moore, speaking at a Fraser Institute lunch. He believes oil sands development is essential and Greenpeace's campaign against it is baseless. more...

U:CTTD - CO2 Tech's Curshen receives 20 years in jail
[2012-05-14 14:22 ET]
CO2 Tech Ltd.'s Jonathan Curshen has received a 20-year sentence for securities fraud. He must also forfeit $7.3-million (U.S.) and serve three years of probation. more...

C:QI - Q Investments' Caravel sues Roberts for missing money
[2012-05-14 14:11 ET]
Q Investments Ltd.'s management company, Caravel Management Corp., has filed a lawsuit against its former bookkeeper, Jolene Roberts, claiming she misappropriated $106,814. The company says the payments went undetected for six years. more...

C:*MKTGOLD - Gold Summary for May 14, 2012
[2012-05-14 13:29 ET]
Baja Mining's John Greenslade gives in to Mount Kellett. Sunridge Gold must decide whether it will build one mine or two in Eritrea, and Aurcana brings its second mine to production while hunting for a third. more...

U:CTTD - CO2 Tech's Ricci receives 18-month sentence
[2012-05-11 12:47 ET]
CO2 Tech Ltd.'s David Ricci has received 18 months in jail. The sentence stems from a $7-million (U.S.) scheme in which he and others manipulated CO2 Tech to $1.65. more...

Indexes
DJIA12369.38-73.11
Nasdaq2778.79-34.90
TSX11280.64-50.04
TSX-V1227.88-0.20
TSX-Gold286.46+1.96
London Au1589.50+35.50
$Cad/Usd0.979451-0.001138
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US Headlines

GEAR - Gear International, Inc. Updates Financial Statements, Shows Increased Value and Progress of Business Model
[2012-05-20 15:09 ET]  

GIVN - New Studies Confirm Value of Given Imaging's Advanced Esophageal Diagnostics Products in Diagnosing and Monitoring Esophageal Disorders
[2012-05-20 13:30 ET]  


Stockwatch Canadian Headlines *  Display Canadian headlines first

LTV - LeoNovus releases Smart Home Connect with Wise
[2012-05-18 22:59 ET]
LeoNovus Inc. has released Smart Home Connect with Wise Network, providing users Internet software with fewer security issues. Its previously announced $3-million private placement of 20 million units at 15 cents each will now close by June 15. more...

SXR - SGX Resources director Hubert resigns
[2012-05-18 22:34 ET]
SGX Resources Inc. director Benjamin Hubert has resigned, effective May 18. more...

SNN - Sintana closes ColCan merger, increases S.A. holdings
[2012-05-18 21:44 ET]
Sintana Energy Inc. has closed its merger with ColCan Energy Corp. ColCan shareholders received 1.5 Sintana shares for each ColCan share held. Sintana has increased its Colombian gross holdings to 700,000 acres from 331,000 acres. more...

STG - Sustainable Energy renews $1.5-million operating line
[2012-05-18 21:03 ET]
Sustainable Energy Technologies Ltd. has renewed its $1.5-million operating line, now expiring May 1, 2013. It has also a $1.5-million equity commitment. It expects to increase production to four megawatts per month by year-end. more...

BWV - iPath CBOE S&P 500 special trade rules for May 23
[2012-05-18 20:57 ET]
iPath CBOE S&P 500 BuyWrite Index ETN's trades in U.S.-dollar securities that occur on May 23, 2012, will be for special settlement on May 29. This special settlement rule is to allow for the U.S. banking holiday on May 28. more...

ISL - ING Floating Rate special trade rules for May 23
[2012-05-18 20:56 ET]
ING Floating Rate Senior Loan Fund's trades in U.S.-dollar securities that occur on May 23, 2012, will be for special settlement on May 29. This special settlement rule is to allow for the U.S. banking holiday on May 28, 2012. more...

HUF - Horizons U.S. Floating Rate Bond trade rules for May 23
[2012-05-18 20:52 ET]
Horizons U.S. Floating Rate Bond ETF's trades in U.S.-dollar securities that occur on May 23, 2012, will be for special settlement on May 29, 2012. This special settlement rule is to allow for the U.S. banking holiday on May 28, 2012. more...

DLR - Horizons U.S. Dollar Currency trade rules for May 23
[2012-05-18 20:48 ET]
Horizons U.S. Dollar Currency ETF's trades in U.S.-dollar securities that occur on May 23, 2012, will be for special settlement on May 29, 2012. This special settlement rule is to allow for the U.S. banking holiday on May 28, 2012. more...

HXT - Horizons S&P/TSX 60 Index trade rules for May 23
[2012-05-18 20:45 ET]
Horizons S&P/TSX 60 Index ETF's trades in U.S.-dollar securities that occur on May 23, 2012, will be for special settlement on May 29. This special settlement rule is to allow for the U.S. banking holiday on May 28, 2012. more...

HEA - Horizons Enhd Income U.S. Equity trade rules for May 23
[2012-05-18 20:43 ET]
Horizons Enhanced Income U.S. Equity (USD) ETF's trades in U.S.-dollar securities that occur on May 23, 2012, will be for special settlement on May 29. This special settlement rule is to allow for the U.S. banking holiday on May 28, 2012. more...