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The Canadian stock market is falling in early trade Tuesday, extending its losses from the previous two sessions. Weakness in commodity prices is pressuring gold, mining and energy stocks this morning. European markets are under pressure Tuesday, due to continued concerns over Greece. The country...

The U.S. dollar extended its early rally against its major rivals on Tuesday, as the decline in durable goods orders matched economists expectation in April, triggering speculation that Fed may not delay raising its interest rate. The Commerce Department released a report showing that durable goods...

Nordstrom Inc. (JWN) and TD Bank Group (TD, TD.TO) announced an agreement by which TD will acquire Nordstrom's existing U.S. Visa and private label consumer credit card portfolio, which currently totals approximately $2.2 billion in receivables. In addition, the two companies have entered into a separate...

Critical Outcome Technologies Inc. (COT.V, COTQF.OB) said that the U.S. Food and Drug Administration or "FDA" granted investigational new drug status or "IND" for COTI-2, the Company's small molecule activator of misfolded mutant p53 protein, in gynecological cancers. The company noted that it plans...

IMRIS Inc. (IMRS, IM.TO) said that the company, its subsidiary NeuroArm Surgical Ltd., and U.S. subsidiary, IMRIS, Inc. have each filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. As part of the filing, IMRIS plans to...

CAE Inc. (CAE, CAE.TO) reported that its net income attributable to equity holders of the company for the fourth quarter of fiscal year 2015 rose to C$64.1 million from last year's C$60.0 million, with earnings per share improving to C$0.24 from C$0.23 in the previous year. Quarterly revenue was C$631.6...

The euro trimmed its early losses against the Canadian dollar, and advanced in Europe on Tuesday. The euro, which declined to nearly 2-week low of 1.3431 against the loonie at 3:00 am ET, reversed direction and climbed to a 4-day high of 1.3533. The euro may possibly find resistance around the 1.37 mark.

Aeterna Zentaris Inc. (AEZS, AEZ.TO) said Tuesday that it has received written scientific advice from the European Medicines Agency or "EMA" regarding the further development plan, including the study design, for the new confirmatory Phase 3 clinical study of Macrilen (macimorelin) for use in evaluating...

Barrick Gold Corporation (ABX, ABX.TO) announced that it has formed a strategic partnership with leading Chinese mining company Zijin Mining Group Co., Ltd. As a first step, Zijin will acquire 50 percent of Barrick (Niugini) Limited or BNL, the company which owns 95 percent of and manages the Porgera...

The Australian dollar slipped against its major opponents on Tuesday's European deals, as European stocks declined on continued worries over Greece debt default and heightened political uncertainty in Spain following local elections on Sunday. Greece's government on Monday ruled out imposing controls...

Reversing direction, the Australian dollar slipped against its major opponents in early European deals on Tuesday. The aussie declined to near a 5-week low of 0.7771 against the greenback and near a 2-week low of 0.9593 against the loone, from an early high of 0.7839 and a 4-day high of 0.9647,respectively. The...

The Japanese yen slipped against its major counterparts ahead of European deals on Tuesday. The yen hit 122.68 against the greenback, its lowest since July 2007, from an early high of 121.48. The yen fell to a 5-day low of 99.46 against the loonie, 11-day low of 89.41 against the kiwi, 4-day lows...

The U.S. dollar strengthened against the other major currencies in the Asian session on Tuesday amid rising speculation on an interest rate hike by the U.S. on the back of optimistic comments by Federal Reserve Vice Chairman Stanley Fischer and Cleveland Federal Reserve Bank President Loretta Mester. In...

Platinum Group Metals Ltd. (PTM.TO) said the Japan Oil, Gas and Metals National Corp. or JOGMEC has committed to fund the next $20 million of joint venture funding at Waterberg. In conjunction with JOGMEC's firm funding commitment, Platinum Group Metals, JOGMEC and empowerment partner Mnombo Wethu...

The euro continued to be weaker against the other major currencies in the Asian session on Tuesday, as the ongoing concerns over Greece and its credit woes continued to impact the markets. Greece's government on Monday ruled out imposing controls over capital flows over the upcoming long weekend,...

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