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Canadian stocks are lower Monday morning, dragged down by weak crude oil prices and profit taking amid uncertainty about near term outlook for the market after last week's splendid gains. Energy stocks are drifting lower, dragged down by a sell-off in crude oil futures. Miners are weak as well, with...

Canadian stocks are likely to open higher, extending recent gains, on strong global cues. Volatile crude oil prices may render energy stocks quite sluggish. After last week's splendid upmove, a few stocks from this space may face some stiff resistance. On Friday, the benchmark S&P/TSX Composite...

The Canadian dollar trimmed its early gains in European deals on Monday, as oil prices resumed fall amid fears of a supply glut. Crude for February delivery is now trading at $0.28 to $56.85 per barrel. The loonie hit a 4-day low of 1.1640 against the greenback, off early high of 1.1577. The...

Bellatrix Exploration Ltd. (BXE, BXE.TO) Monday said that considering the recent rapid declines in crude oil prices, it has decided it is prudent to revise its capital budget for 2015 to $300 million from $400 million to maintain balance between delivering organic growth and preserving its strong financial...

Private equity firms Carlyle Group LP (CG) and Warburg Pincus LLC said Monday that along with a consortium of Canada-based individual investors, they have agreed to acquire privately-held Canada-based credit rating agency DBRS. Other investors in the consortium include DBRS' founder Walter Schroeder...

Armstradetreaty-122214.jpg The global Arms Trade Treaty (ATT) will enter into force on Wednesday, marking a breakthrough for human rights after more than two decades of campaigning by human rights organizations and NGOs around the world. As the first-ever legally binding treaty of its kind, it will block the flow of arms to governments that would use them to commit atrocities, and could save the lives of millions. The A

The Japanese yen extended its decline against its major rivals in early European deals on Monday, as a rebound in oil prices supported investor sentiment. Brent crude futures rose above $62 a barrel in Asian deals after Saudi Oil Minister Ali Al-Naimi on Sunday said at the 10th Arab Energy Conference...

The Japanese yen continued its early decline against the other major currencies in early European deals on Monday. The yen slipped to 119.78 against the greenback, its lowest since December 10. The yen also dropped to a 6-day low of 146.85 against the euro, 4-day low of 122.00 against the franc...

The commodity currencies such as Australia, New Zealand and Canadian dollars strengthened against their major counterparts in the Asian session on Monday amid a rally in oil prices. Crude oil for February delivery is currently up $0.77 to $57.90 a barrel. Saudi Petroleum Minister Ali Naimi said...

The Canadian dollar strengthened against most major currencies in the Asian session on Monday. The Canadian dollar rose to 103.09 against the yen, from last week's closing quote of 102.91. Against the U.S. dollar and the euro, the loonie edged up to 1.1592 and 1.4188 from early lows of 1.1641 and...

The Japanese yen weakened against the other major currencies in the Asian session on Monday. The yen edged down to 186.93 against the pound and 121.62 against the Swiss franc, from early highs of 186.49 and 186.49, respectively. The yen closed Friday's deals at 186.64 against the pound and 121.37...

Journey Energy Inc. (JOY.TO) said that its Board of Directors has approved a reduction to the 2015 capital program to C$70 million from C$90 million and has amended its dividend policy to reflect a monthly dividend of C$0.025 per share (previously C$0.06 per share) beginning with the dividend payment...

The Australian dollar recovered from its early lows against the other major currencies in the Asian session on Monday. The Australian dollar recovered to 0.8160 against the U.S. dollar and 97.41 against the yen, from early lows of 0.8131 and 97.26, respectively. At last week's close, the aussie was...

Canadian airline operator WestJet Airlines Ltd. (WJA.TO) said that its pilots have voted in favour of a new agreement. Included in the new contract are enhancements to pay and scheduling that place WestJet's 1,250 pilots among the highest paid in the Canadian industry while preserving industry-leading...

Scotiabank (BNS, BNS.TO) on Friday said its subsidiary has agreed to buy the retail and commercial banking operations of Citibank (C) in Peru, subject to regulatory approval. Scotiabank said the deal is not material to it, and its common equity tier one capital ratio will be impacted by less than...