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The Canadian dollar weakened against the other major currencies in the Asian session on Tuesday. The Canadian dollar fell to nearly a 3-week low of 86.42 against the yen, a 6-day low of 1.3189 against the U.S. dollar and a 4-day low of 1.3987 against the Australian dollar, from yesterday's closing...

The FDA's decision on rheumatoid arthritis drug candidate Baricitinib, being developed by Eli Lilly and Co. (LLY) and Incyte Corp. (INCY), has now been postponed by 3 months to April 19, 2017.

Iamgold Corp. (IMG.TO, IAG) reported preliminary full year 2016 attributable production of 813,000 ounces was higher than guidance of 770,000 to 800,000 ounces. All of operating mines exceeded the top end of their guidance. Attributable gold production for the fourth quarter 2016 was 215,000 ounces. Both...

CanadaGoose-IPO-011317.jpg Luxury coat maker Canada Goose Inc. Is reportedly planning for an initial public offering or IPO within next three months. The Toronto based winter-apparel maker aims for a valuation of up to $2 billion and to raise up to $300 million through IPO.

The Canadian stock market is trading slightly to the downside at the start of the new trading week. Energy and financial stocks are struggling in early trade, but the positive performance of the gold sector is helping to limit the market's downside. Markets in Europe are trading to the downside Monday....

The Japanese yen strengthened against the other major currencies in the Asian session on Monday. The yen rose to nearly a 2-month high of 137.01 against the pound, from Friday's closing value of 139.48. Against the euro and the Swiss franc, the yen advanced to more than 1-month highs of 121.09...

Jan13-011317.jpg The Centers for Medicare & Medicaid Services has classified DexCom Inc.'s (DXCM) therapeutic Continuous Glucose Monitors as "Durable Medical Equipment" under Medicare Part B.

The Canadian market pushed higher Friday, led by strong financial stocks in reaction to solid earnings from top U.S. lenders. JPMorgan Chase and Bank of America posted better-than-expected quarterly results due to increased revenue from trading activity. The S&P/TSX Composite Index rose 79.12 points,...

The Canadian stock market is climbing in early trade Friday. The heavyweight financial sector is leading the way higher this morning after some of the biggest banks in the U.S. reported better than expected quarterly results. Markets in Europe are trading firmly in positive territory Friday. Bank...

Canadian stock may end a topsy turvy week on a quiet note Friday, with futures indicating a flat open for the TSX Composite Index. The TSX Composite was lower Thursday, unable to sustain much direction this week amid volatile oil prices and concerns about the Trump administration's transition to power. In...

Antipodean currencies such as the Australian and the New Zealand dollars strengthened against their major counterparts in the Asian session on Friday, as the crude oil price advanced on hopes for increased Chinese demand and after reports showed that OPEC production fell sharply in December. Crude...

12Jan-011217.jpg Transgenomic Inc. (TBIO) surged more than 295% on Thursday, following licensing agreement with Canadian laboratory services provider LifeLabs.

The Australian dollar strengthened against the other major currencies in the Asian session on Friday. The Australian dollar roses to 4-week highs of 86.28 against the yen and 1.4141 against the euro, from yesterday's closing quotes of 85.83 and 1.4178, respectively. Against the U.S. and the Canadian...

The Japanese yen weakened against the other major currencies in the Asian session on Friday. The yen fell to 122.14 against the euro, 139.93 against the pound and 113.85 against the Swiss franc, from yesterday's closing quotes of 121.72, 139.45 and 113.42, respectively. Against the U.S. and the...

The Securities and Exchange Commission today announced that BNY Mellon has agreed to pay a $6.6 million penalty to settle charges stemming from miscalculations of its risk-based capital ratios and risk-weighted assets reported to investors. An SEC investigation found that BNY Mellon deviated from...

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