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The U.S. dollar recovered from its early lows against the other major currencies and rose in the early European session on Friday. The U.S. dollar rose to a 5-month high of 0.9043 against the Swiss franc, from an early low of 0.9017. The greenback closed yesterday's deals at 0.9022. The U.S. dollar...

British electricity supplier Centrica plc (CNA.L) Friday said its North American unit Direct Energy agreed to sell its Ontario home services business to EnerCare Inc. (ECI.TO), a provider of energy conservation services, for C$550 million. Direct Energy, which provides plumbing, heating, ventilation...

The Australian dollar weakened against the other major currencies in the Asian session on Friday, as regional stocks declined following a drop in commodity prices and reports about a likely strike in iron ore terminals. Australia's S&P 200 index is currently down 16.30 points or 0.29 percent at 5,571...

Canadian stocks ended a shade higher Thursday, settling at a new record high on some mixed global economic data with gold and energy stocks dipping on declining commodity prices. New home sales in the U.S. plunged over 8 percent in June, offsetting the jump seen in the previous month. Nonetheless,...

Canadian packaging materials maker Winpak Ltd (WPK.TO) Thursday reported second-quarter net earnings of $19.4 million or $0.30 per share, compared with $17 million or $0.26 per share last year. Analysts polled by Thomson Reuters projected earnings of $0.30 per share for the quarter. Analysts' estimates...

Canadian stocks are edging higher Thursday mid morning after displaying some weakness early on, amid a mixed batch of earnings reports and U.S. economic data. While a notable drop in U.S. jobless claims and a positive reading on Chinese manufacturing activity in July are aiding sentiment, a preliminary...

The U.S. dollar climbed against its major counterparts in early New York deals on Thursday, following a report showing an unexpected fall in weekly jobless claims to more than an eight year low. The report from the Labor Department showed that the U.S. initial jobless claims slid to 284,000, a decrease...

Canadian stocks are set to extend recent gains, tracking strong global markets and data showing a notable drop in U.S. jobless claims. A positive reading on Chinese manufacturing activity in July and the results of a survey by Markit showing an improvement in eurozone private sector activity are likely...

Rogers Communications Inc. (RCI.TO, RCI), a diversified Canadian communications and media company, reported Thursday that its second-quarter net income declined 24 percent to C$405 million from C$532 million last year. Earnings per share declined 18 percent to C$0.76 from C$0.93 last year. Adjusted...

Reversing direction, the Japanese yen declined against the Canadian and U.S. dollars in European deals on Thursday. The yen slipped to a weekly low of 101.62 against the greenback and an 8-day low of 94.76 against the loonie, off early highs of 101.41 and 94.43, respectively. The next possible downside...

Loblaw Companies Limited (L.TO) said that its second-quarter net loss was C$456 million, compared to net income of C$177 million in the same quarter last year, primarily driven by the decrease in operating income, the increase in net interest expense and other financing charges, partially offset by the...

Canadian energy producer Encana Corp. (ECA.TO, ECA) reported that its second-quarter net earnings attributable to common shareholders fell to $271 million from last year's $730 million, with earnings per share declining to $0.37 from $0.99 in the same quarter last year. Operating earnings was $0.23...

Precision Drilling Corp. (PD.TO) (PDS) Thursday reported a second-quarter net loss of C$7.17 million, or C$0.02 per share, compared to net earnings of C$473 thousand, or C$0.00 per share, in the second quarter of 2013. Effective January 1, 2014 the company began calculating depreciation on its drilling...

Potash Corp. of Saskatchewan Inc. (POT, POT.TO) reported that its second-quarter net income declined to $472 million or $0.56 per share, from $643 million or $0.73 per share in the same quarter last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.46 per share for...

The euro climbed against its major rivals in early European deals on Thursday, as business activities across the euro area showed improvement in July, indicating signs of pick up in economic growth. The Eurozone private sector growth rebounded in July from a six-month low, flash survey data from Markit...