Union Pacific Corp. (UNP) and Norfolk Southern Corp. (NSC) announced that they have filed a joint application with the Surface Transportation Board (STB) seeking approval to merge and create America's first transcontinental railroad. The companies entered into a merger agreement on July 29, 2025, and...
The Canadian dollar dropped against its most major counterparts in the New York session on Friday. The loonie dropped to an 8-day low of 1.3806 against the greenback, from an early 2-day high of 1.3755. The loonie fell back to 1.6168 against the euro, from an early 2-day high of 1.6130. The...
Canadian stocks climbed sharply on Friday as increases in the price of precious metals and oil pushed up commodity-linked stocks that aided the rise in the index.
Aduro Clean Technologies Inc. (ADUR) shares declined 5.88%, closing at $11.45, down $0.72, after the company announced the pricing of a $20 million underwritten public offering. The move followed Aduro's disclosure that it priced the offering of 1.74 million common shares along with warrants exercisable...
After opening on a firm note, Canadian stocks gained further ground in positive territory Friday morning with several counters in materials, technology and healthcare sectors attracting strong buying interest.
Curaleaf Holdings, Inc. (CURLF, CURA.TO), a provider of consumer cannabis products, on Friday announced the termination of its binding commitment to acquire The Cannabist Company's Virginia assets. The company expects to receive a $3.3 million break fee upon cancellation of the agreement. The...
The Canadian market, which snapped a four-day losing streak on Thursday, looks headed for a positive start Friday morning. Canadian retail sales data, and U.S. PCE reading are likely to make an impact.
VersaBank (VBNK) on Friday announced that Nicolas Ospina has been appointed Global Chief Financial Officer with effect from January 5, 2026, in support of the bank's proposed restructuring to a standard U.S. bank framework. CFO John Asma was promoted to Executive Vice President, responsible for operations...
The Japanese yen weakened against other major currencies in the European session on Friday, after the Bank of Japan raised its benchmark rate by a quarter-point as inflation remains stubbornly above the target. The policy board decided to hike the uncollateralized overnight call rate to "around 0.75...
The Japanese yen weakened against other major currencies in the European session on Friday. The yen fell to a record low of 197.35 against the Swiss franc, nearly a 35-year low of 183.74 against the euro and more than a 17-year low of 209.83 against the pound, from early highs of 195.81, 182.42 and...
The Canadian dollar advanced against the U.S. dollar in the New York session on Thursday. The loonie climbed to 1.3756 against the greenback. The loonie advanced to 1.6133 against the euro. The loonie is seen finding resistance around 1.34 against the greenback and 1.55 against the euro.
Canadian stocks turned in a strong performance during trading on Thursday, regaining ground after trending lower over past several sessions. After an early move to the upside, the benchmark S&P/TSX Composite Index gave back some ground but remained firmly positive. The S&P/TSX Composite Index...
Canadian stocks moved higher Thursday morning, after data showing a lower-than-expected US CPI reading raised hopes of more interest rate cuts by the Federal Reserve in the coming months.
Transat A.T. Inc. (TRZ.TO, TRZ_B.TO), a Canadian leisure travel company, on Thursday reported a net loss for the fourth quarter. For the three-month period to October 31, the company posted a net loss of C$12.489 million, compared with a profit of C$41.227 million in the same period last year. Excluding...
Canada-based BRP Inc. (DOO), Thursday announced that it acknowledges the Australian Competition and Consumer Commission's decision against the proposed sale of Telwater Pty, Ltd. to Yamaha Motor Australia Pty Ltd., a subsidiary of Yamaha Motor Co., Ltd. In light of this development, BRP remains the...
December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.