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Canadian stocks are sluggish Thursday morning with investors refraining from making significant moves amid a mixed batch of U.S. economic data. Lower commodity prices are dragging down mining and energy stocks. The benchmark S&P/TSX Composite Index is down 12.01 points or 0.08 percent at 15,446.87,...

Trevali Mining Corp (TREVF.PK, TV.TO) on Thursday provided a status update on construction and mine-start activities at its wholly-owned Caribou mine and mill complex located in the Bathurst Mining Camp of northeastern New Brunswick, Canada. According to the company, both surface and underground...

Canadian stocks are likely to be a bit listless Thursday morning, with investors digesting a mixed batch of U.S. economic data. A report from the U.S. Labor Department showed initial jobless claims to have declined more than expected last week. While this could trigger some buying early on, the market...

Penn West Petroleum Ltd. (PWT.TO, PWE) Thursday reported profit for the second quarter, compared with a loss last year, mainly due to the strengthening of the Canadian dollar compared to the US dollar. Oil and natural gas sales declined from last year. The firm said it remains well on pace to meet...

The Canadian dollar firmed against its major counterparts in European deals on Thursday, as European stocks edged higher following the U.S. Federal Reserve's stance to keep its accommodative policy for a "considerable time," with traders focusing on Scottish referendum that is underway. The Fed on...

Penn West Petroleum Ltd. (PWE, PWT.TO) Thursday reported profit for the second quarter, compared with a loss last year, mainly due to the strengthening of the Canadian dollar versus the US dollar, which led to unrealized foreign exchange gains on the company's senior unsecured notes denominated in US...

Penn west petroleum ltd. (PWE, PWT.TO) said the Audit Committee determined that a review of prior periods going back to and including 2007 was necessary, including establishing the relevant January 1, 2012 opening balances for the restatement. The review did not identify any other accounting practices...

Aegean Metals Group Inc. (AGN.V) said that it has entered into a binding Letter Agreement with Mariana Resources Limited (MARL.L) by which Mariana will acquire all of the issued and outstanding common shares of Aegean by way of a statutory Plan of Arrangement. As per the terms of the Agreement, Mariana...

Parkland Fuel Corp. (PKI.TO), a distributor and marketer of fuels and lubricants, Wednesday said it has entered into a definitive agreement to acquire the assets of Pioneer Energy for C$378 million, including C$259 million in cash, C$119 million in common shares of Parkland, and the assumption of standard...

Members of the European parliament have voiced their hopes and fears for the EU-Canada Comprehensive Economic and Trade Agreement (CETA) during a debate with EU trade Commissioner Karel De Gucht, according to a statement issued Wednesday. The debate on the CETA, which has been negotiated but still...

Parkland Fuel Corp (PKI.TO), a marketer of fuel and petroleum products, Wednesday agreed to buy the assets of Pioneer Energy for C$378 million, subject to the satisfaction of closing conditions and adjustments. The deal price includes $259 million in cash, $119 million in common shares of Parkland,...

Canadian stocks ended lower on Wednesday, driven by energy and gold stocks, after the U.S. Federal Reserve maintained its interest rates while slashing its monthly asset purchase program as expected. Investors largely ignored reports of some fresh stimulus announced by the Chinese central bank and positive...

Canadian biotechnology company QLT Inc (QLTI, QLT.TO) Wednesday reaffirmed its merger agreement with Auxilium Pharmaceuticals Inc (AUXL). This comes in the wake of Auxilium receiving an unsolicited $2.2 billion offer from Endo International plc (ENDP, ENL.TO) to acquire all of the shares of Auxilium. Auxilium...

Canadian stocks are drifting lower Wednesday morning, ahead of the U.S. Federal Reserve's monetary policy. Investors are largely shrugging off reports about fresh stimulus announced by the Chinese central bank and positive European markets. The focus is on the U.S. Federal Reserve's monetary policy,...

Auxilium Pharmaceuticals, Inc. (AUXL) said Wednesday that it will carefully review the $2.2 billion unsolicited buyout offer it has received from specialty healthcare company Endo International plc (ENDP, ENL.TO). The company also said it has adopted a one-year stockholder rights plan, commonly known...