logo

Canadian News

Share SHARE

Canadian stocks snapped a two-day gain to end a tad lower on Friday, on some soft economic data from the U.S. However, the loss was limited with rising commodity prices providing a boost to the mining, gold and energy sectors. Most European markets ended positively at the end of the trading week....

Intrexon Corp (XON), a company focused on synthetic biology, on Friday said it agreed to buy Canada-based Okanagan Specialty Fruits. Intrexon said that pursuant to the definitive agreement, Okanagan's stockholders will receive $31 million in Intrexon common stock and $10 million in upfront cash....

The Canadian stock market is climbing Friday morning, adding to the gains of the previous two trading days. However, the market is off its early highs, due to some weaker than expected U.S. economic data. Rising commodity prices have provided a boost to the mining, gold and energy sectors this morning....

Rio Tinto (RTPPF.PK, RIO.L, RIO, RTNTF.PK) announced the company is streamlining its product groups and corporate functions as part of the continued focus on efficiency and costs. Rio Tinto's portfolio of assets will be condensed into four product groups: Aluminium, Copper and Coal, Diamonds and Minerals,...

The Australian dollar extended its early decline against the other major currencies in the Asian session on Friday, as most of the economist expect the Reserve Bank to cut official interest rates again in the next week's monetary policy meeting. The Reserve Bank of Australia's interest rate decision...

The Australian dollar weakened against the other major currencies in the Asian session on Friday. The Australian dollar fell to a 1-week low of 0.9738 against the Canadian dollar, from yesterday's closing value of 0.9758. Against the NZ dollar and the yen, the aussie dropped to an 8-day low of...

Canadian stocks ended higher for a second straight session on Thursday, after some strong performance by the financial sector with upbeat earnings reports from Canadian Imperial Bank of Commerce and Toronto-Dominion. Mining and information technology stocks also moved up, but a sharp decline in energy...

The Canadian stock market is adding to the gains of the previous session Thursday morning. The strong performance of mining and commodity stocks has offset weakness in energy stocks. Financial stocks are also providing support after earnings reports from Canadian Imperial Bank of Commerce and Toronto-Dominion. The...

The Canadian dollar reversed direction and fell against its most major opponents on Thursday's European deals, due to weakness in oil prices. Crude oil for April delivery fell $1.02 to $49.97 a barrel. The loonie slipped to 95.22 against the yen and 1.2480 against the greenback, pulling away from...

TD Bank Group (TD.TO) reported first quarter net income to common shareholders of C$2.01 billion or C$1.09 per share compared to C$1.97 billion or C$1.07 per share, last year. Adjusted earnings per share was C$1.12 for the quarter. Net interest income was C$4.56 billion, compared to C$4.30 billion....

Retail company Canadian Tire Corp. Ltd. (CTC.TO, CTC_A.TO) reported fourth-quarter net income attributable to owners of the company of C$191.3 million or C$2.44 per share, up from C$187.8 million or C$2.32 per share in the comparable quarter last year. Revenue for the latest fourth quarter rose 9.8%...

CIBC (CM.TO, CM) reported first-quarter net income to equity shareholders of C$920 million, compared to C$1.17 billion, a year ago. Earnings per share was C$2.28, compared to C$2.88. Adjusted EPS was C$2.36, for the quarter. On average, 14 analysts polled by Thomson Reuters expected the company to...

The Australian dollar trimmed its early losses against its most major counterparts in early European deals on Thursday. The aussie was trading at 0.7893 against the greenback and 93.71 against the yen, coming off from previous lows of 0.7836 and 93.29, respectively. The aussie reversed from early...

The Canadian dollar advanced against its key counterparts in late Asian deals on Thursday. The loonie rose to 1.2422 against the greenback, 1.4118 versus the euro and 95.75 versus the yen, from early lows of 1.2444, 1.4146 and 95.47, respectively. The loonie strengthened to a 6-day high of 0.9747...

The Australian dollar weakened against the other major currencies in the Asian session on Thursday, as the weak fourth-quarter private capex data led to speculation of an interest rate cut next week. Data from the Australian Bureau of Statistics showed that the total private capital expenditure in...

Follow RTT