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Canadian stocks crept higher Monday, extending a run of choppy trading as gains among banks offset weaker energy and health care stocks. The S&P.TSX Composite Index was up 42.13 points, or 0.29 percent, to 14,682.01. In corporate news, a Barron's report said Goldcorp (G.TO) shares may surge 40...

cannabis-082916.jpg Investing in marijuana stocks is at a nascent stage, as traders dread to take the plunge, given the risks involved in terms of limited visibility into many of the companies. The legal marijuana market in the United States is estimated to grow to $7.1 billion in 2016, which represents 26% growth over 2015, according to a report by New Frontier and ArcView Market Research.

The Canadian stock market is climbing at the start of the new trading week, although the mood among traders is one of caution. Hawkish comments from Fed officials, including Fed Chair Janet Yellen, at the Jackson Hole conference on Friday seems to have increased the chances for a September rate hike....

Reversing direction, the Australian dollar climbed against its major opponents in New York trading on Monday. The aussie extended rally to near a 2-week high of 77.40 against the yen, off its early low of 76.70. The aussie bounced off to 1.0458 against the kiwi, 1.4757 against the euro, 0.9862...

Canadian stocks are looking for direction Monday morning, with commodity prices turning lower on a stronger U.S. dollar. Hawkish remarks from numerous Federal Reserve officials were offered at the Jackson Hole conference on Friday. The S&P/TSX Composite Index bounced back and forth near 14,650...

The Japanese yen continued to be weak against the other major currencies in the Asian session on Monday after U.S. Federal Reserve Chair Janet Yellen said in her speech last Friday that the case for another interest rate hike has strengthened. The Federal Open Market Committee "continues to anticipate...

The Japanese weakened against the other major currencies in the Asian session on Monday. The yen fell to near 4-week lows of 114.48 against the euro and 134.16 against the pound, from Friday's closing quotes of 113.89 and 133.55, respectively. Against the U.S. and the Canadian dollar, the yen...

Logan International Inc. (LII.TO) announced that it has entered into definitive agreement with a wholly-owned subsidiary of Rubicon Oilfield International Holdings, L.P., pursuant to which Rubicon will acquire Logan for C$1.49 per share.The transaction is expected to close on or about October 21, 2016. The...

Canadian stocks were flat for second day Friday amid growing speculation the Federal Reserve will raise interest rates in the next few months. The S&P/TSX Composite Index was up 9.16 points, or 0.06 percent, to 14,639. Financials were flat despite this week's strong bank earnings. Energy shares...

The Canadian stock market is breaking out in reaction to comments from Federal Reserve Chair Janet Yellen, along with the rest of the global markets this morning. Precious metal prices are surging as an increase in U.S. interest rates appears more likely after Yellen's comments. Gold stocks are the top...

The U.S. dollar reversed from its recent highs and fell back against its major counterparts in New York trading on Friday, despite hawkish remarks from Federal Reserve Chairman Janet Yellen hinting at the chances for another interest rate hike in coming months. "In light of the continued solid performance...

Canadian stocks were poised for a lackluster open Friday morning ahead of Janet Yellen's closely watched speech from Jackson Hole. In corporate news, Kinross Gold (K.TO) has suspended operations at a mine in Chile due of a dispute involving water use. Fairfax Financial bought 3.5 million shares...

Erasing early losses, the Australian dollar traded higher against most major rivals in early New York trading on Friday. The aussie climbed to a 3-day high of 0.9874 against the loonie and an 8-day high of 1.4731 against the euro, off its early lows of 0.9834 and 1.4816, respectively. The aussie...

The Canadian dollar drifted higher against most major counterparts in European trading on Friday. The loonie rose to a 2-day high of 1.4543 against the euro, 4-day high of 77.97 against the yen and a 3-day high of 1.2877 against the greenback, from its early lows of 1.4583, 77.76 and 1.2922, respectively....

The U.S. dollar fell against its major counterparts in pre-European trading on Friday, as investors await rate hike clues from Fed chair Janet Yellen in her speech in Jackson Hole symposium later today. Investors are looking for hints about trajectory of interest rate hike from Yellen's address against...

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