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AutoCanada Inc. (ACQ.TO) said that its board appointed a Special Committee of independent directors to review strategic alternatives that may be available to the Company to maximize shareholder value. "As part of our ongoing review of the Company's strategy and performance, which has included discussions...

South32 Limited (SOUHY) and Arizona Mining Inc. (AZ.TO) announced that they have entered into an agreement for South32 to acquire the remaining 83 per cent of issued and outstanding shares of Arizona Mining via a plan of arrangement, representing a fully funded, all cash offer of US$1.3 billion or C$1.8...

pharma-june15.jpg The week that went by saw NASH drug stocks back in focus as positive results from a phase II study of Galmed Pharmaceuticals Ltd.'s (GLMD) investigational drug Aramchol seems to have had a positive rub off impact. Aramchol is being developed for treatment of patients with biopsy proven non-alcoholic steatohepatitis, or NASH.

The Canadian stock market is dipping in early trade Friday, due to renewed concerns over a global trade war. A pullback in commodity prices is also weighing on shares of gold and energy stocks. U.S. President Donald Trump has announced plans to impose a 25 percent tariff on $50 billion worth of Chinese...

Canadian stocks were poised for a rough open Friday amid the ongoing trade squabble between the U.S. and China. President Donald Trump announced tariffs on $50 billion worth of Chinese imports, and said the U.S. "will pursue additional tariffs" if China retaliates. Tensions are also running high...

The Canadian dollar slipped against its major counterparts in the European session on Friday, as oil prices declined on U.S-China trade war fears, as U.S. President Donald Trump is set to unveil tariffs on $50 billion in China goods later in the day. Crude for July delivery fell $0.23 to $66.66 per...

The euro advanced against its most major opponents in the European session on Friday, after a data showed that Eurozone consumer prices increased as estimated in May. Final data from Eurostat showed that inflation rose to 1.9 percent in May from revised 1.3 percent in April. A similar high rate was...

The Japanese yen dropped against its major counterparts in the Asian session on Friday, after the Bank of Japan kept its monetary stimulus unchanged, but slightly downgraded its assessment on inflation. Governor Haruhiko Kuroda and his board members decided by an 8-1 majority vote to hold its target...

pharma-daily-061218.jpg The following are some of today's top gainers in the pharma/biotech sector.

In the largest study ever to analyse the possible link between chronotype and mood disorders, researchers have found that early risers are significantly less likely to develop depression.

Canadian stocks inched higher Thursday as the European Central Bank pledged to keep interest rates on hold for at least a year. The TSX Composite Index was up 63.14 points to 16,328.96. Energy stocks turned in a decent performance as crude oil prices touched a 2-week high near $67/bl. An upbeat...

The euro continued to be lower against its key counterparts in the New York session on Thursday, after the European Central Bank President Mario Draghi acknowledged that the interest rates are likely to remain unchanged through summer 2019 amid rising economic uncertainty. The Governing Council expect...

The Canadian stock market is climbing in early trade Thursday, rebounding from yesterday's slight dip. Commodity prices are rising this morning, which has provided a boost to shares of gold and energy stocks. Today's announcement from the European Central Bank has also helped to boost shares of gold...

The U.S. dollar spiked up against its major counterparts in the early New York session on Thursday, following the release of a slew of upbeat economic data on retail sales, export and import prices and weekly jobless claims. The Commerce Department said retail sales jumped by 0.8 percent in May after...

eur-usd3-061418.jpg The euro slid against its major counterparts in the European session on Thursday, erasing its recent gains, after the European Central Bank announced that it would halve its monthly bond purchases to EUR 15 billion after September and eventually end them in December. "The Governing Council anticipates...

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