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Canada's Fairfax Financial Holdings Limited (FRFHF, FFH.TO)and Mitsui Sumitomo Insurance Company Limited of Tokyo, Japan, a subsidiary of MS&AD Insurance Group Holdings, Inc. announcef that they have entered into a binding agreement to pursue a global strategic alliance. Mitsui Sumitomo will acquire...

Aug23-082317.jpg The following are some of the biotech stocks that made their way onto the Day's Gainers & Losers' list of August 23, 2017.

The Canadian stock market is climbing in early trade Wednesday, adding to the modest gains of the previous session. The bulk of the Canadian sectors are trading in the green this morning. The heavyweight financial sector is leading the way higher, after Royal Bank of Canada posted strong quarterly results. Markets...

The Canadian dollar extends weakness against its major opponents in the European session on Wednesday. The loonie fell back to 1.2596 against the greenback, heading to pierce its early 2-day low of 1.2598. The loonie edged down to 0.9955 against the aussie, from a high of 0.9912 hit at 3:45 am...

Canadian stocks are poised for lackluster open Wednesday, even as RBC kicked off earnings season for big banks with a relatively upbeat result. Royal Bank of Canada (RY.TO), or RBC, reported an increase in third-quarter earnings, supported by a strong performance from its Canadian banking unit. Adjusted...

Royal Bank of Canada (RY.TO, RY) reported Wednesday that its third-quarter net income declined 3 percent to C$2.796 billion. Earnings per share dropped 2 percent to C$1.85. Excluding an after-tax gain of C$235 million from the sale of home and auto insurance manufacturing business in the prior year,...

The euro strengthened against other major currencies in the European session on Wednesday, after data showed that Eurozone private sector activity maintained strong growth momentum in August. Data from IHS Markit showed Eurozone flash manufacturing PMI climbed to 57.4 in August from 56.6 in July....

The euro strengthened against other major currencies in the European session on Wednesday. The euro rose to a 10-month high of 0.9214 against the pound and a 1-week high of 1.1419 against the Swiss franc, from early lows of 0.9160 and 1.1376, respectively. The euro advanced to 1.1794 against...

Commodity currencies such as the Australian, the New Zealand, and the Canadian dollars weakened against their major counterparts in the Asian session on Wednesday, due to oversupply concerns. Crude oil delivery for October is currently down 0.18 percent or $47.65 per barrel. The concerns of oversupply...

Pharma-082317.jpg Today's Daily Dose brings you news about InspireMD's listing deficiency; MabVax's exploration of strategic alternatives; Novogen's progress in developing GDC-008 in glioblastoma; Psychemedics' launch of Synthetic Cannabinoids test and disappointing results from Ultragenyx's GNE Myopathy trial.

Aug22-082217.jpg The following are some of the biotech stocks that made their way onto the Day's Gainers & Losers' list of August 22, 2017.

Canadian stocks inched higher Tuesday in quiet trading ahead of earnings season for big banks. Bay Street has been in a foul mood lately amid stubbornly low oil prices and signs the Bank of Canada will soon raise interest rates. Canada's retail sales edged up 0.1 percent in June from May, Statistics...

The Canadian stock market is up slightly Tuesday morning, but has been stuck in a sideways trend since the open of trade. Retail sales climbed again in June, but the rate of growth was weaker than anticipated. This follows yesterday's disappointing wholesale sales report for June. Markets in Europe...

The Canadian dollar climbed against its major opponents in the European session on Tuesday, as the nation's core retail sales outpaced expectations in June, supporting hopes for a possible rate hike by the Bank of Canada again this year. Data from Statistics Canada showed that retail sales rose for...

Following the release of Canada retail sales for June at 8:30 am ET Tuesday, the loonie advanced against its major rivals. The loonie was trading at 1.2550 against the greenback, 87.22 against the yen, 0.9926 against the aussie and 1.4763 against the euro around 8:32 am ET.

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