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Canadian stocks rallied Friday, taking back some of this week's brutal losses as crude oil prices rebounded. The S&P/TSX Composite Index rose 293.87 points, or 2.4 percent, to 12,381.24, staying away from January's 3-year lows. Energy stocks rose 3.4 percent, financials gains 3.6 percent, and base...

The Canadian stock market is climbing in early trade Friday, thanks in part to the rebound in crude oil prices. The Wall Street Journal quoted UAE Energy Minister Suhail bin Mohammed al-Mazrouei as saying that OPEC members might be ready to cooperate on a production cut. The majority of the Canadian...

Canadian stocks will look to trim severe weekly losses Friday morning, as a tenuous rally may take hold due to slightly higher crude oil prices. The S&P/TSX Composite Index lost another 98.35 points to close Thursday at 12,087.37, moving near its lowest in three years. However, stocks finished...

The Canadian dollar gained ground against the euro in European morning deals on Friday. The loonie strengthened to a 2-day high of 1.5674 against the euro, from a low of 1.5777 hit at 5:00 pm ET. The loonie is likely to find resistance around the 1.55 zone.

The U.S. dollar strengthened against most major currencies in the early European session on Friday. The U.S. dollar rose to 2-day highs of 1.1265 against the euro and 0.9770 against the Swiss franc, from early lows of 1.1333 and 0.9714, respectively. Moving away from an early 1-week low of 0.6739...

The Japanese yen recovered against the other major currencies in the pre-European session on Friday. The yen rose to 126.36 against the euro, 161.66 against the pound and 114.79 against the Swiss franc, from early lows of 127.65, 163.54 and 115.95, respectively. Against the U.S., the Australian,...

The Canadian dollar strengthened against most major currencies in the Asian session on Friday. The Canadian dollar rose to 1.3889 against the U.S. dollar and 81.34 against the yen, from yesterday's closing quotes of 1.3935 and 80.64, respectively. Against the euro, the loonie edged up to 1.5689...

Pharma-021116.jpg Aegerion Pharmaceuticals Inc. (AEGR) is reducing approximately 25% of its global workforce, as part of the company's broad program to rein in operating expenses and extend its cash position.

Canadian stocks extended a week-long losing skid, edging near their lowest in three years amid collapsing oil and base metal prices. Energy stocks lost only modest ground even as crude oil futures settled below $26.50 for the first time since 2003. Financials also added to recent losses, but gold...

The Canadian stock market got off to a weak start Thursday, but has since recovered some lost ground. The majority of the Canadian sectors are trading in the red, with the heaviest losses in the financial, mining, healthcare and industrial sectors. Energy stocks are also struggling as crude oil prices...

The Japanese yen pulled away from its early highs against its key counterparts in European deals on Thursday, amid rumors about the Bank of Japan intervening in the forex market to curb sharp gains in the currency. The BoJ is said to have sold-off the yen, as officials are overly concerned about a...

Following the release of Canada new housing price index for December at 8:30 am ET Thursday, the loonie changed little against its major rivals. The loonie was trading at 1.3984 against the greenback, 1.5833 against the euro, 0.9896 against the aussie and 80.27 against the yen around 8:35 am ET.

At 8:30 am ET Thursday, Canada new housing price index for December is due. Ahead of the data, the loonie showed mixed trading against its major rivals. While the loonie held steady against the greenback and the euro, it rose against the yen. Against the aussie, it declined. The loonie was worth...

Bay Street is bracing for another drubbing Thursday morning, with the decline in most commodities intensifying amid global economic jitters. Yesterday, the S&P/TSX Composite Index was down 96.93 points, or 0.79 percent, to 12,185.72, approaching 3-year lows from mid-January. Futures are pointing...

TransCanada Corp. (TRP.TO, TRP) announced a net loss attributable to common shares for fourth quarter 2015 of C$2.5 billion or C$3.47 per share compared to net income of C$458 million or C$0.65 per share for the same period in 2014. Comparable earnings for fourth quarter 2015 were C$453 million or C$0.64...

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