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The Canadian dollar wiped out its post-CPI losses against the other major currencies in European deals on Friday, as retail sales grew better-than-expected in June. Data from Statistics Canada showed that Canada's retail sales rose for the sixth consecutive month, up 1.1 percent to C$42.6 billion...

Canadian stocks may see a modest upmove Friday morning, with banks in focus after better than expected earnings from Royal Bank of Canada. However, geopolitical concerns due to the ongoing conflicts in Ukraine and Iraq could prompt investors to tread a cautious path. Investors are looking ahead...

Canada's consumer price index for July and retail sales for June were released at 8:30 am ET Friday. After these reports, the loonie recovered from early lows against the other major currencies. The loonie was trading at 1.0954 against the greenback, 1.4531 against the euro, 1.0199 against the aussie...

Canada's consumer price index for July and retail sales for June are due at 8:30 am ET Friday. Ahead of these reports, the loonie showed mixed trading against the other major currencies. While the loonie fell against the greenback, it held steady against the euro and the aussie. Against the yen, the...

Dalmac Energy Inc. (DAL.V) Friday announced that it has appointed Jonathan Gallo as its Chief Financial Officer, effective immediately. Gallo brings over 5 years of financial management, accounting and assurance related experience to Dalmac. He is currently the Principal of a full service Chartered...

RoyalBankofCanada-082214.jpg Royal Bank of Canada reported Friday higher profit in its third quarter, benefited by significant growth in revenues. Adjusted earnings per share topped market estimates. Further, the company announced higher quarterly dividend.

The Japanese yen came off from early lows against the other major currencies in European deals on Friday, and edged up, as European stocks fell ahead of the closely awaited a speech by the Federal Reserve Chair Janet Yellen at Jackson Hole symposium, due today. The three-day annual gathering that...

Royal Bank of Canada (RY.TO, RY) reported net income of C$2.378 billion for the third-quarter ended July 31, 2014, up C$93 million or 4% from the prior year. Earnings per share was C$1.59 up from C$1.51 in the prior year. Excluding specified items, net income was C$2.418 billion, up C$223 million...

The Japanese yen came off from early lows against most major currencies in European deals on Friday. The yen was trading at 137.61 against the euro, 113.72 against the Swiss franc and 94.65 against the loonie, reversing from early 3-week low of 137.99, more than 5-week low of 113.98 and a 6-week low...

The Canadian dollar weakened against the other major currencies in the early European session on Friday as the traders await data on Canada's inflation in July, due shortly. The inflation is seen at 2.2 percent from a year earlier, slower than the June reading of 2.4 percent. Month-on-month, the...

The Australian dollar strengthened against the other major currencies in the Asian session on Friday ahead of Fed Chair Janet Yellen's speech at the economic symposium in Jackson Hole, Wyoming. The two-day Economic Symposium that began on Thursday in the Kansas City Federal Reserve Bank's economic...

Agrium Inc. (AGU.TO, AGU) said Thursday that Steve Douglas has accepted the position of Senior Vice President and Chief Financial Officer, effective November 3. Steve comes to Agrium from Brookfield Asset Management Inc. (BAM) where he was Senior Managing Partner and CFO of Brookfield Property Partners...

Canadian stocks snapped a five-day winning streak to end a tad lower Thursday, with some upbeat U.S. economic data raising fears of the U.S. Fed tightening its monetary policy sooner than expected earlier. The minutes of the Federal Reserve's most recent policy meeting hinted at some fierce debate...

Canadian stocks are lower Thursday mid morning, with some largely upbeat U.S. economic data raising speculation about a Fed rate hike sometime sooner than expected earlier. Already, the minutes of the Federal Reserve's most recent policy meeting hinted at fierce debate over interest rates with some...

The Canadian dollar strengthened against most major currencies in early New York deals on Thursday, as weaker-than-expected U.S. jobless claims last week supported hopes of sustained improvement in the U.S. labour market. The report released by the Labor Department showed that initial jobless claims...