Following the rally seen during the previous session, Canadian stocks have shown a lack of direction over the course of the trading day on Thursday. The benchmark S&P/TSX Composite Index failed to sustain an initial move to the upside and has subsequently bounced back and forth across the unchanged...
Enerflex (EFX.TO, EFXT) reported that its first quarter net earnings increased to $43 million from $24 million, prior year. EBITDA was $110 million compared to $105 million. Adjusted EBITDA increased to $137 million from $113 million. First quarter revenue was $584 million compared to $552 million, a...
The U.S. dollar climbed against the Canadian dollar in the New York session on Wednesday. The greenback climbed to a 6-day high of 1.3641 against the loonie, from an early 2-day low of 1.3578. The currency is seen finding resistance around the 1.38 level.
AtkinsRéalis Group Inc. (ATRL.TO), a Canadian engineering services and nuclear company, said on Thursday that it has inked a deal to acquire Coras Solutions Pty Ltd., an Australian defense and national security advisory consultancy services provider. Ian L. Edwards, CEO of AtkinsRéalis, said: "Coras...
Rebounding from yesterday's slide, Canadian stocks surged on Wednesday as reports indicate that the U.S. and Iran are closing in on an agreement to discuss ways to end the gulf war permanently.
Canadian stocks have moved sharply higher during trading on Wednesday, offsetting the weakness seen over the three previous sessions. The benchmark S&P/TSX Composite Index surged at the start of trading and has seen further upside over the course of the day. Currently, the index is up 431.17 points...
KISS singer and bassist Gene Simmons has announced The Gene Simmons Band 2026 Canadian tour.
Investors might be reacting positively to the U.S. President Donald Trump's suggestion for reopening the Strait of Hormuz. The response might ease the Middle East conflict for the timebeing. Oil prices are falling, crude oil futures are down 7.36 percent at $94.99. Gold and Silver are showing a positive...
Pan American Silver Corp (PAAS) will host a conference call at 8:00 AM ET on May 6, 2026, to discuss Q1 26 earnings results. To access the live webcast, log on to https://event.choruscall.com/mediaframe/webcast.html?webcastid=tTx2MVcP To listen to the call, dial 1-833-752-3507 (US) or 1-647-846-7282 (International).
Cenovus Energy Inc. (CVE) on Wednesday reported higher first-quarter profit. Net earnings increased to C$1.570 billion or C$0.83 per share from C$859 million or C$0.47 per share a year earlier. Adjusted funds flow rose to C$3.377 billion or C$1.80 per share from C$2.212 billion or C$1.21 per share...
The Japanese yen strengthened against other major currencies in the Asian session on Wednesday, amid potential large-scale government actions. During the current Golden Week festivities, Japanese Finance Minister Satsuki Katayama issued a warning about "decisive measures" against speculative actions. After...
The Japanese yen strengthened against other major currencies in the Asian session on Wednesday. The yen rose to a 1-1/2-month high of 182.05 against the euro, from an early 6-day low of 185.04. Against the U.S. dollar, the yen advanced to a 2-1/2-month high of 155.04 from an early low of 157.89....
Intact Financial Corporation (IFC.TO) reported solid first-quarter results, driven by higher investment income and steady underwriting performance. Net operating income attributable to common shareholders rose to C$770 million or C$4.33 per share from C$717 million or C$4.01 per share last year. Net...
iA Financial Corporation Inc. (IAFNF, IAG.TO) reported Wednesday lower profit in its first quarter, despite higher revenues. Further, the firm lifted dividend. The company also announced that share buyback program maximum to be increased from 5% of shares outstanding to 8% of public float. The...
Suncor Energy (SU) reported first quarter net income of C$2.1 billion compared to C$1.7 billion, prior year. Earnings per share was C$1.77 compared to C$1.36. Adjusted operating earnings increased to C$2.3 billion from C$1.6 billion. Adjusted operating EPS was C$1.93 compared to C$1.31. Adjusted funds...
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.