Canadian News

Share SHARE

Canadian stocks ended lower Monday, tracking declining global stocks with investor concerns over global economic growth after some disappointing economic data from China and the uncertainty related to the outlook for U.S. interest rates. The decline was driven by mining and consumer discretionary...

Canadian stocks are lower Monday morning, weighed down by some disappointing economic data from China and on uncertainty about the outlook for U.S. interest rates. Mining and consumer discretionary stocks are the prominent losers. Banks are weak, while energy stocks are turning in a mixed performance...

Manulife (MFC, MFC.TO) announced the completion of its previously announced offerings of subscription receipts, raising a total of about $2.26 billion. Approximately, $1.76 billion of subscription receipts were sold to a syndicate of underwriters in a public bought deal offering, which amount includes...

The U.S. dollar declined against most major currencies in early New York deals on Monday, as industrial production in the U.S. fell unexpectedly in August. The Federal Reserve released a report showing that industrial production edged down by 0.1 percent in August after inching up by a downwardly...

Canadian stocks are likely to open on a mixed note Monday, with investors weighing strong U.S. manufacturing data against some disappointing reports from China. According to a report from the Federal Reserve Bank of New York, business activity in the New York manufacturing sector has expanded at a...

After the release of Canada existing home sales for August at 9:00 am ET Monday, the loonie changed little against its major counterparts. The loonie was trading at 1.4312 against the euro, 1.0002 against the aussie, 96.80 against the yen and 1.1077 against the greenback around 9:05 am ET.

Canada existing home sales data for August is due at 9:00 am ET Monday. Ahead of the data, the loonie showed mixed trading against its major opponents. While the loonie rose against the euro, it held steady against the rest of major currencies. As of 8:55 am ET, the loonie was worth 1.4305 against...

Financial information provider Thomson Reuters Corp. (TRI, TRI.TO) has been notified of an unsolicited mini-tender offer by TRC Capital Corp. to buy up to 2.5 million Thomson Reuters common shares, or nearly 0.31% of the common shares outstanding, at a price of C$39.75 per share. Thomson Reuters does...

Canadian coffee and dough-nut chain Tim Hortons, Inc. (THI, THI.TO) on Monday pre-announced preliminary same-store sales growth results for the third quarter of 2014 quarter-to-date period. For the third quarter nine-week period ending August 31, 2014, Tim Hortons said that Canadian same-store sales...

Brookfield Renewable Energy Partners L.P. (BEP_UN.TO, BEP) announced an increase in its distribution growth target to 5%-9% annually, up from 3%-5% previously. The company expects to achieve the new target while maintaining its target current payout ratio of 60% to 70% of funds from operations. The...

Canadian coffee and dough-nut chain Tim Hortons, Inc. (THI, THI.TO), Monday, in its preliminary results for the third quarter said its U.S. same-store sales grew by 7 percent, while Canadian same-store sales rose 3.6 percent. The preliminary results were announced for the 9-weeks ended August 31, 2014.

The euro retreated from its early highs against its major counterparts in European deals on Monday, as weak data out of China triggered a sell-off in riskier assets, ahead of the Federal Reserve's monetary policy meeting this week. China's industrial production rose 6.9 percent year-over-year in August...

The NZ dollar weakened against most major currencies in the Asian session on Monday following a slowdown in Chinese industrial production in August to its lowest level since the 2008 global financial crisis. Data from the National Bureau of Statistics showed Saturday that China's industrial production...

The Australian dollar weakened against the other major currencies and held steady thereafter in the Asian session on Monday following disappointing data out of china showing a slowdown in industrial production to its lowest level since the 2008 global financial crisis. Data released from china on...

CAE Healthcare, a unit of Canadian aviation-training and simulation products provider CAE, Inc. (CAE, CAE.TO) Saturday said it is delivering a simulation-based solution to Abiomed, Inc. (ABMD), a provider of breakthrough heart support technologies, for its Impella heart pump education programs. CAE...