Thursday's Ups and Downs: Thompson Creek and Harry Winston
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Several stocks made waves on Thursday, but these three were of particular interest:
Thompson Creek Metals Company Inc. (TC) dropped nearly 10% after announcing total production of molybdenum at the Thompson Creek Mine and the company's 75% share of molybdenum production at the Endako Mine has been cut by more than 30%.
Harry Winston Diamond Corp. (HWD) cut its dividend from C$0.25 to C$0.05 per share after reporting a third quarter loss of $7.4-million. Investors cut into the stock price in return, sending shares down more than 9%.
Shares in Call Genie Inc. [CEENF.PK] were up more than 19% after the supplier of voice-enabled phone directory searches agreed to pay C$5.75-million for PhoneSpots Inc.
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