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The Canadian stock market was up in early trade Thursday, but has since fallen into negative territory. The majority of Canadian sectors are under pressure, led by losses in mining and industrial stocks. Global equity markets have turned lower Thursday, following the gains of the previous session. European...

The U.S. dollar held firm against its major rivals on Thursday, despite data showing an increase in initial jobless claims in the week ended May 23, as investors seemed confident on steadily improving labor market. The Labor Department released a report showing that initial jobless claims edged up...

Teck Resources Limited (TCK_A.TO, TCK) said it would implement temporary shutdowns in the third quarter at its six Canadian steelmaking coal operations to align production and inventories with changing coal market conditions. Each of Teck's steelmaking coal operations will be temporarily shut down...

TDBank-052815.jpg Canada's second-largest lender TD Bank Group on Thursday reported a 6 percent decline in profit for the second quarter from last year, as higher revenues and lower provision for credit losses were offset by restructuring charges. However, both revenue and adjusted earnings for the quarter beat analysts' estimates.

The Toronto-Dominion Bank (TD.TO) reported second-quarter net income of C$1.86 billion, compared to C$1.99 billion, last year. Earnings per share were C$0.97, compared to C$1.04. Adjusted net income was C$2.17 billion or C$1.14 per share, for the quarter. In the second-quarter of 2015, the Bank undertook...

Royal Bank of Canada (RY, RY.TO) reported second-quarter net income of C$2.5 billion, compared to C$2.2 billion, previous year. Earnings per share were C$1.68, compared with C$1.47. Excluding items, net income per share was C$1.61 for the quarter. On average, 15 analysts polled by Thomson Reuters...

Canadian Imperial Bank of Commerce (CM.TO, CM) reported second-quarter net income to common shareholders of C$895 million compared to C$292 million, last year. Earnings per share was C$2.25, compared to C$0.73. Adjusted net income to shareholders was C$908 million or C$2.28 per share, for the quarter. On...

The euro climbed against the other major currencies in early European deals on Thursday, on optimism that Greece is getting closer for a deal with its creditors, which would help Athens to secure funding to keep its afloat. Greek government and the Brussels group of its official creditors had started...

The U.S. dollar weakened against the other major currencies ahead of European session on Thursday. The U.S. dollar fell to 2-day lows of 1.0946 against the euro and 0.9458 against the Swiss franc, from early highs of 1.0889 and 0.9503, respectively. Pulling away from an early 13-year high of...

Héroux-Devtek Inc. (HRX.TO), a Canadian manufacturer of aerospace products, announced Thursday that it has executed on May 27 a Memorandum of Settlement with UTC Aerospace Systems or UTAS. This is in regards to a litigation previously disclosed and related to the interpretation of a non-compete covenant...

The Japanese yen continued to be weaker against the other major currencies in the Asian session on Thursday, as comments by Bank of Japan officials supported expectations that the extremely accommodative policy of the central bank is here to say even as fears that its U.S. peer will begin to hike rates...

The euro strengthened against the Canadian dollar in the late Asian session on Thursday. Against the loonie, the euro rose to a 6-day high of 1.3615. At yesterday's close, the euro was trading at 1.3573 against the loonie. If the euro extends its uptrend, it is likely to find resistance around the 1.38 area.

QHR Corp. (QHR.V), engaged in the healthcare information technology sector, said its wholly owned subsidiary QHR Technologies Inc. has entered into a binding agreement to purchase all of the healthcare assets of Jonoke Software Development Inc., including its proprietary Electronic Medical Record or...

The Australian dollar weakened against the other major currencies in the Asian session on Thursday on disappointing domestic capex data for the first quarter of 2015, which increased the odds of a rate cut. Data from Australian Bureau of Statistics showed that private capital expenditure in Australia...

The Japanese yen weakened against the other major currencies in the Asian session on Thursday. The yen fell to 124.24 against the U.S. dollar for the first time since December 2002, from yesterday's closing value of 123.60. Against the pound, the yen dropped to 190.69 for the first time since...

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