logo

Canadian News

Share

Canadian stocks were flat again Thursday, as rising oil prics failed to spur gains in the broader market. The TSX Composite Index was down 15 points to 15,508, unable to extend comeback from recent 4-month lows. CIBC (CM.TO) reported a solid quarterly profit that beat expectations, and hiked its...

Loblaw-022218.jpg Loblaw Companies Ltd. Thursday reported a drop in its profit and revenues for the fourth quarter, as the Canadian supermarket chain continues to be impacted by the industry-wide price bread price-fixing scandal. In December, Loblaw confirmed that it had participated in an industry-wide arrangement...

The Canadian stock market got off to a positive start Thursday, but has since pared its early gains. Investors are sifting through a large number of earnings reports this morning, in addition to U.S. crude inventory data. Traders were also disappointed by the weaker than expected Canadian retail sales...

Nasscom-BRI-022218.jpg India's National Association of Software and Services Companies (Nasscom) and Canada's Blockchain Research Institute (BRI) signed a deal to "help foster blockchain innovation in India. The MoU was signed on the sidelines of the Nasscom India Leadership Forum and World Congress on Information Technology 2018 by Nasscom Chairman Raman Roy and BRI Co-Founder and Executive Don Tapscott.

The euro came under pressure against its most major counterparts in the European session on Thursday, after minutes from the European Central Bank's latest monetary policy meeting showed that the policy makers agreed that it was too soon to adjust forward guidance. "Changes in communication were generally...

Early signals are pointing to a lackluster start for Canadian stocks Thursday morning as a stronger U.S. dollar dented commodity prices. Investors will sift through a slew of earnings news from Canadian majors, including the start of earnings season for big banks. CIBC (CM.TO) reported a solid...

Gildan Activewear Inc.(GIL, GIL.TO) announced Thursday its Board of Directors have approved a 20 percent increase in quarterly cash dividend to $0.112 per share, payable on April 2, to shareholders of record on March 8, 2018. It is the sixth consecutive annual 20 percent increase in quarterly dividend. Looking...

While reporting its first-quarter financial results today, Canadian Imperial Bank of Commerce or CIBC (CM.TO, CM) said that its board of directors declared a dividend of $1.33 per share on common shares for the quarter ending April 30, 2018, an increase of three cents from the previous quarter. This...

InflaRx-USD-022218.jpg Shares of Inflarx NV (IFRX) are up more than 50% year-to-date while the iShares NASDAQ Biotechnology Index (ETF) has gained only 2% during the same period.

The U.S. dollar advanced against its major counterparts in pre-European deals on Thursday, on hopes for higher interest rates after the minutes from the Federal Reserve's January meeting showed the central bank plans to raise interest rates three times in 2018. According to the Fed minutes, policymakers...

Pharma-022218.jpg Today's Daily Dose brings you news about Mesoblast's steroid refractory acute Graft versus Host Disease trial results; CHMP's positive trend vote for Rucaparib in ovarian cancer and HEPLISAV-B vaccine getting favorable recommendation from the CDC's Advisory Committee on Immunization Practices.

Feb21-up-022118.jpg Restoration Robotics Inc. gained 35.61% to close Wednesday's trading at $6.36. It is a medical device company developing and commercializing the ARTAS Robotic Hair Restoration System. We had alerted our premium subscribers to this stock on January 29, 2018, when it was trading around $4.79.

Canadian stocks rose Wednesday, powered by gains among resource stocks as metals prices recovered. Markets reacted positively to news from the U.S, as the Federal Reserve is on track to raise interest rates only gradually over the course of the year, according to the minutes of the central bank's...

The Canadian stock market is up sharply in early trade Wednesday. Gold stocks are leading the way higher this morning, as gold prices attempt to rebound from the biggest one-day drop since December 2016. Financial and industrial stocks are also turning in a solid performance. Markets in Europe are...

The U.S. dollar continued to be higher against its major counterparts in the European session on Wednesday, as investors awaited the minutes from the Fed's recent policy meeting for more insights about future interest rate hikes this year. The minutes from the January 30-31 meeting, due at 2:00 pm...

Follow RTT