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Canadian stocks edged higher Friday, ending a volatile week on a high note thanks again to surging energy stocks. The S&P/TSX composite index added 98.40 points to settle at 13,865.07. Energy shares rose 3%, with Trican Well and Trilogy Energy soaring more than 18% each. Nymex oil futures settled...

The Canadian stock market is up modestly in early trade Friday, extending its gains from the previous three trading sessions. The market is turning in more of a mixed performance this morning. However, strong gains in gold, mining and energy stocks are outweighing weakness in other sectors. Markets...

TheBankNovaScotia-082815.jpg Bank of Nova Scotia or otherwise known as Scotiabank, Friday reported lower net profit for the third quarter, in the absence of a year-ago gain. Earnings per share, however, came in line with the Street view. Further, the company said it raised its quarterly dividend by 2 cents.

The Canadian dollar continued to trade in a negative territory against the U.S. dollar and the Japanese yen in New York morning deals on Friday. The loonie depreciated to 90.80 against the Japanese yen and 1.3299 against the greenback, off early high of 92.01 and a 3-day high of 1.3166, respectively....

Early signals are pointing to a negative open on Bay Street Friday morning after strong gains in the previous few sessions. Energy stocks may pull back a bit after surging more than 6 percent on skyrocketing crude oil prices. Metal stocks also rallied yesterday, rising a whopping 10 percent on...

Cargojet Inc. (CJT.TO) announced that it entered into a new Air Cargo Service Agreement with United Parcel Service Canada Ltd. (UPS). The Agreement replaces the agreement originally entered into in 2003 to provide domestic overnight air cargo services throughout Canada. "Cargojet is extremely pleased...

Canadian stocks surged Thursday, taking back this week's losses after crude oil prices skyrocketed more than 10 percent. The biggest daily gain in six years pushed U.S. WTI crude oil back above $40 amid speculation that Venezuela wants an emergency OPEC meeting. It is thought that some OPEC members...

The Canadian stock market is solidly in positive territory Thursday morning, extending its gains from the previous two trading sessions. Every Canadian sector its trading in the green this morning, with the strongest gains among energy and mining stocks. Crude oil prices are rebounding Thursday and the...

The U.S. dollar continued to be higher on Thursday, after data showed that the U.S. economy expanded faster than previously estimated in the second quarter and jobless claims fell last week, indicating that the economy remains on a solid footing that could support a Fed rate hike this year. The Commerce...

Canadian stocks may carry over positive momentum from the previous session Thursday, as crude oil prices rebounded and overseas markets were calm. Bargain hunters swooped in Wednesday after brutal losses over the past week. The S&P/TSX composite index jumped 230.66 points, or 1.8%, to finish Wednesday...

TDBank-082715.jpg Canadian lender Toronto-Dominion Bank or TD Bank Group reported Thursday a profit for the third quarter that increased from last year, reflecting strong contributions from the Canadian Retail and Wholesale Banking segments. Both adjusted earnings per share and quarterly revenues also topped analysts' expectations.

Canada's second-largest lender TD Bank Group (TD, TD.TO) Thursday reported that its third-quarter net income rose to C$2.266 billion from last year's C$2.107 billion. The Group's earnings per share increased to C$1.19 from C$1.11 a year ago. Adjusted net income for the quarter was C$2.285 billion...

Canadian Imperial Bank of Commerce (CM.TO, CM) reported third-quarter net income to common shareholders of C$962 million, or $2.42 per share, compared to C$899 million, or $2.26 per share in the prior year. Adjusted net income to shareholders rose to C$974 million, or C$2.45 per share from C$886 million,...

The Japanese yen weakened against the other major currencies in the early European session on Thursday amid risk appetite, as the European shares extended its rally on hopes of a lower Fed interest rate and on easing concerns over Chinese growth. The U.K.'s FTSE 100 index is currently up 2.04 percent...

The Japanese yen weakened against the other major currencies in the early European session on Thursday. The yen fell to a 3-day low of 120.56 against the U.S. dollar, from an early high of 119.78. Against the euro, the pound and the Swiss franc, the yen edged down to 136.43, 186.73 and 126.53...

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