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Canadian gold miner Kinross Gold Corp (KGC, K.TO) Wednesday reported second-quarter net earnings of $46 million or $0.04 per share. This compares with a loss of $2.5 billion or $2.17 per share last year, when the company recorded hefty impairment charges. Excluding items, adjusted earnings for the...

Canadian stocks ended higher for a seventh straight session Wednesday, on some strong earnings and solid U.S. economic growth data, even as the Federal Reserve refrained from hiking rates at the current time. The main index closed at a record high, driven mostly by tech, healthcare, telecom, and financial...

Canadian stocks rose to new highs Wednesday morning, lifted by an upbeat U.S. GDP data and a slew of strong Canadian earnings reports. Meanwhile, investors look ahead to the U.S. Federal Reserve's monetary policy statement due later in the day. It is widely expected that the Fed will reduce its asset...

USDCHF-073014.jpg The U.S. dollar extended its early rally against its major counterparts on Wednesday, as the U.S. economy rebounded strongly in the second quarter, after a winter lull. Traders await the outcome of the U.S. Federal Reserve's monetary policy meeting scheduled later in the day. The preliminary report...

blackberrylogo-072914.jpg BlackBerry has acquired Secusmart, a German mobile security company. Secusmart specializes in high-security voice and data encryption solutions for governments, and telecommunications service providers. Terms of the deal were not disclosed.

Oando Energy Resources Inc. (OER.TO), a company focused on oil and gas exploration and production in Nigeria, has closed its acquisition of the Nigerian Upstream Oil and Gas Business of ConocoPhillips (COP) for $1.5 billion in cash, after customary adjustments plus a deferred consideration of $33 million. The...

Canadian stocks look headed for a positive start Wednesday on the back of better than expected U.S. GDP data. Investors will be looking ahead to the U.S. Federal Reserve's monetary policy statement due later in the day. The Fed is widely expected to reduce its asset purchases by another $10 billion,...

TransAlta Corp. (TAC, TA.TO) reported a net loss of C$50 million or C$0.18 per share for the second quarter, compared to net earnings of C$15 million or C$0.06 per share in the year-ago quarter. On a comparable basis, the company's loss totaled C$12 million or C$0.04 per share. On average, six analysts...

Intact Financial Corp. (IFC.TO) Wednesday posted an increase in its second quarter net earnings to C$215 million from C$103 million last year. Earnings per share rose to C$1.60 from C$0.73 a year ago. On an adjusted basis, the company earned C$1.65 per share. Net operating income for the quarter...

CGI Group Inc. (GIB, GIB_A.TO) Wednesday reported that its third-quarter earnings rose by 26.3 percent year-over-year. Revenues were up by 3.9 percent. The company's net earnings for the quarter improved by 26.3 percent to C$225.1 million from C$178.2 million last year. Earnings per share climbed...

Turquoise Hill Resources Ltd. (TRQ, TRQ.TO) Wednesday said it has entered into a share purchase agreement with National United Resources Holdings Limited, a Hong Kong-based public company, for the sale of a 29.95 percent stake in SouthGobi Resources Ltd., an integrated coal mining, development and exploration...

Canadian stocks ended a shade higher for a sixth straight session Tuesday, amid a slew of strong earnings and some mixed data from the U.S. with a bigger than expected improvement in consumer confidence in July. Investors also kept a close watch over the developments in Ukraine and the Middle East. Nonetheless,...

Canadian stocks are moving higher Tuesday morning, as investors react positively to a slew of strong earnings reports and data showing a bigger than expected improvement in U.S. consumer confidence in July. However, the mood is somewhat cautious ahead of tomorrow's Federal Reserve decision and a slew...

The Canadian dollar moved down against its major rivals in New York trading on Tuesday. The loonie declined to an 8-day low of 1.4541 against the euro and near a 6-week low of 1.0842 against the greenback, reversing from early highs of 1.4507 and 1.0795, respectively. The loonie eased to 94.12...

The Japanese yen recouped its early losses against most major currencies in early New York deals on Tuesday. The yen was trading at 136.77 against the euro, 112.49 against the franc and 95.72 against the aussie, off early 4-day lows of 137.09, 112.80 and 95.89, respectively. The yen rose to a 4-day...