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Canadian stocks are trimming some early losses nearing mid-day Wednesday, with investors doing some bargain hunting at lower levels. Stocks drifted lower in early trading this morning, despite a fairly strong U.S. private sector payrolls data. Besides speculation that the U.S. Federal Reserve...

Jens Stoltenberg took up his post as NATO Secretary General on Wednesday. He also chaired his first North Atlantic Council as NATO chief on Wednesday. "I am really looking forward to start and it's a great honour to be the Secretary General of NATO," Stoltenberg said arriving at NATO headquarters. The...

Canadian stocks are likely to open slightly higher Thursday morning, with fairly strong U.S. private sector payrolls data aiding sentiment. According to a report from payroll processor ADP, employment in the U.S. private sector increased more than expected in the month of September, rising by 213,000...

TransCanada Corp. (TRP, TRP.TO) announced that it has entered into an agreement to sell its remaining 30 per cent interest in Bison Pipeline LLC to its master limited partnership, TC PipeLines LP (TCP) for cash proceeds of $215 million. The sale is expected to close on October 1, 2014. Bison is a...

Bell Media announced an investment in Toronto-based digital startup Hubub, Inc. As part of the agreement, Bell Media has invested $5 million in cash and committed millions more to market Hubub.com and the Hubub mobile app, a new digital platform for exploring and discussing interests, across its leading...

The euro weakened against most major currencies in the early European session on Wednesday after data showed that Germany's manufacturing activity contracted and Eurozone PMI fell to a 14-month low in September. Data from Markit Economics showed that the eurozone manufacturing Purchasing Managers'...

Marquee Energy Ltd. (MQL.V), announced late Tuesday that it has completed the previously announced disposition of its non-core, gas-weighted asset located in the Pembina area of western Alberta. Consideration for the deal totaled approximately $14 million, with an effective date of September 1. Subsequent...

The Australian dollar weakened against the other major currencies in the Asian session on Wednesday after data showed that the total value of retail sales in Australia rose less than expected. Data from the Australian Bureau of Statistics showed that retail sales edged up 0.1 percent month-over-month,...

Cardinal Energy Ltd. (CJ.TO) Wednesday announced that it has completed its previously announced acquisition in the Wainwright area of Alberta. The acquired assets are 99.4 percent operated, include a high working interest in the associated facilities and are consistent with the firm's strategy of...

Ford Motor Company of Canada, Limited's Oakville Assembly plant will add more than 1,000 hourly jobs as it ramps up its transformation into one of Canada's most competitive and advanced global manufacturing plants. Oakville Assembly will expand capabilities with new jobs added across the plant. Joe...

The Securities and Exchange Commission or SEC said Tuesday that it has charged two men with insider trading after they learned that hedge fund manager William Ackman's hedge fund Pershing Square Capital Management LP formed a negative view of the nutritional supplements company Herbalife Ltd. (HLF) and...

Canadian stocks ended lower on Tuesday, hurt mostly by a disappointing Canadian GDP report for July and a none too encouraging reading on Chinese manufacturing activity in August. The decline was led by energy and mining stocks with declining commodity prices, as crude oil fell over 3.5 percent on the...

Private equity firm Onex Corp (OCX.TO) said Tuesday that Christopher Govan will succeed Donald Lewtas as chief financial officer, effective March 1, 2015. Lewtas joined Onex in 1987 and has been CFO since 2008. Lewtas will continue to oversee Onex' group purchasing and shared services initiative and...

Valeant Pharmaceuticals International, Inc. (VRX, VRX.TO) said Tuesday that its Bridgewater, New Jersey location received a Warning Letter from the U.S. Food and Drug Administration relating to an inspection in June of the company's records with regards to Sculptra Aesthetic injectable, which was divested...

The Canadian dollar fell against its major rivals on Tuesday, following a data showing that Canada's economic growth stalled in July. Data from Statistics Canada showed that Canada's GDP was flat in July, following six consecutive monthly gains. Economists were expecting an increase of 0.3 percent...