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The Canadian stock market has slipped solidly into negative territory Thursday morning, giving back all of its early gains. Mining and gold stocks are under pressure as the price of gold continues to drop. Energy stocks are also turning in a weak performance, as the price of oil attempts to recover from...

mcdonalds-012915.jpg McDonald's has announced its Chief Executive Office Don Thompson will be "retiring" at the age of 51, after two tumultuous years on the job. It will instead be up to Steve Easterbrook, 48, McDonald's chief brand officer, to reverse a downturn in fortunes for the iconic hamburger chain. His challenges...

PotashCorp-012915.jpg Canadian fertilizer giant Potash Corp. of Saskatchewan, Inc. reported Thursday a profit for the fourth quarter that surged from last year, boosted sales growth and improved margins amid contributions from all three nutrient segments. Both earnings per share and quarterly sales topped analysts' expectations.

Rogers Communications Inc. (RCI.TO, RCI), a diversified Canadian communications and media company, Thursday said net income for the fourth quarter dropped to C$297 million from C$320 million in the prior year. Earnings per share fell to C$0.57 from C$0.62. Adjusted earnings per share was flat with...

The Canadian dollar declined against its major rivals in European deals on Thursday, as oil prices continued their sell-off on concerns over a supply glut following a data showing uptick in U.S. crude oil inventories last week. Crude oil for March delivery fell by $0.10 to $44.35 per barrel. Weekly...

Agricultural nutrients maker Potash Corporation of Saskatchewan Inc. (POT, POT.TO) Thursday said fourth-quarter earnings climbed to $407 million or $0.49 per share from $230 million or $0.26 per share generated in the same quarter in 2013. On average, 24 analysts polled by Thomson Reuters expected...

The U.S. dollar drifted higher against the Canadian dollar in early European deals on Thursday. The greenback advanced to 1.2553 against the loonie, its highest since April 2009, from yesterday's closing value of 1.2534. The next possible resistance for the greenback-loonie pair is seen around the 1.264 zone.

The Australian dollar weakened against the other major currencies in the Asian session on Thursday, amid bets that the Reserve Bank of Australia is considering an interest-rate cut at its monetary policy meeting scheduled on February 3. Falling iron ore and oil prices also impacted sentiment. Investors...

Methanex Corp. (MEOH) said it has received approval from the Toronto Stock Exchange to amend the Normal Course Issuer Bid initiated on May 6, 2014 to increase the maximum number of common shares that may be acquired under the bid from 4.83 million common shares to 8.58 million common shares, representing...

The Australian dollar weakened against the other major currencies in the Asian session on Thursday. The aussie fell to a 3-day low of 0.7881 against the U.S. dollar, from an early high of 0.7906. Against the yen, the aussie slipped to a 3-day low of 92.57 from yesterday's closing value of 92.71....

Canadian stocks snapped a five-day gain to end sharply lower on Wednesday, tracking declining global equity markets amid falling commodity prices with oil prices plummeting to new 6-year lows, ending below $45 a barrel. Canadian stock market had struggled to find direction Wednesday morning, continuing...

Sun Life Investment Management and Ryan Labs Asset Management on Wednesday announced today an agreement whereby Sun Life Financial Inc (SLF, SLF.TO) will purchase Ryan Labs Inc of New York City from the firm's current owners. he transaction is expected to close in the first quarter of 2015, subject...

The Canadian stock market has struggled to find direction Wednesday morning, continuing to bounce back and forth between positive and negative territory. The market has finished higher for five consecutive sessions, but continues to be impacted by fluctuations in commodity prices. The price of oil has...

Lowe's Canada announced Wednesday it plans to hire approximately 2,000 seasonal employees at its stores across Canada to support its spring and summer seasons. Seasonal employees are most needed in spring and summer, typically from March until September, when weather has improved and customers are...

Technology firm CGI Group Inc. (GIB-A.TO, GIB) Wednesday said first-quarter net earnings climbed to C$236.3 million from C$189.8 million in the previous year. Earnings per share were C$0.74, compared to C$0.60 last year. Revenue slipped to C$2.541 billion from C$2.645 billion in the prior year. Michael...

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