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Canadian stocks inched higher Thursday in subdued dealing ahead of Donald Trump's presidential inauguration in the U.S. The S&P/TSX Composite Index was up 11.96 points, or 0.08 percent, to 15,409.81. Traders were waiting to see whether Trump issues executive orders that could impact the trade relationship...

The Canadian stock market got off to a positive start Thursday, but slipped back near the flat line before turning higher again. Gold stocks got off to a weak start, but have since pared their early losses despite falling gold prices. Industrial, energy and financial stocks are also rising this morning. ...

The euro slipped against its major opponents in early New York deals on Thursday, after the European Central Bank President Mario Draghi remarked that there are no indications of sustainable inflation as of yet as the recent pickup in headline inflation is primarily being driven by higher energy prices. "There...

The euro was trading higher against its most major counterparts in the European session on Thursday, after the European Central Bank left its key interest rates unchanged for a seventh consecutive policy session and maintained its asset purchases, confirming that they will continue at a reduced pace...

Canadian stocks are poised for a sluggish open Thursday amid news of a big shake-up in the railroad industry. Canadian Pacific (CP, CP.TO) said that CEO Hunter Harrison has retired early. Keith Creel will become President and Chief Executive Officer of the company effective January 31, 2017. The...

George Weston Limited (WN.TO) and Loblaw Companies Limited (L.TO) announced that Galen Weston has been appointed Chairman and Chief Executive Officer of George Weston Limited. Weston will continue in his role as Chairman and CEO of Loblaw. Galen Weston became Chairman of George Weston last September,...

The Canadian dollar declined against its key counterparts in the early European session on Thursday, in response to the Bank of Canada Governor Stephen Poloz's warning over an interest rate cut, citing considerable uncertainty surrounding the protectionist policies proposed by the U.S. President-elect...

The Canadian dollar declined against its most major counterparts in early European deals on Thursday. The loonie fell to an 8-day low of 1.3287 against the greenback, compared to Wednesday's closing value of 1.3269. The loonie that closed Wednesday's trading at 1.4104 against the euro and 0.9958...

pharma-011717.jpg Dermira Inc.'s (DERM) third and final phase III trial of Cimzia in adult patients with moderate-to-severe chronic plaque psoriasis has also met the key goals.

Reversing direction, the Australian dollar drifted higher against most major opponents in pre-European deals on Thursday. The aussie rebounded to 0.7538 against the greenback, from its early 2-day low of 0.7493. The aussie strengthened to a 3-day high of 1.0544 against the kiwi, near 5-week high...

The U.S. dollar strengthened against other major currencies in the Asian session on Thursday, following the upbeat comments from Federal Reserve Chair Janet Yellen that she expects rates to rise a few times a year until end of 2019. Speaking at the Commonwealth Club in San Francisco, California,...

The U.S. dollar strengthened against the other major currencies in the Asian session on Thursday. The U.S. dollar rose to 2-day highs of 1.0622 against the euro, 1.2253 against the pound and 1.0083 against the franc, from early lows of 1.0645, 1.2290 and 1.0063, respectively. Against the Australian...

The Japanese yen weakened against the other major currencies in the Asian session on Thursday. The yen fell to a 1-week low of 140.89 against the pound, from yesterday's closing value of 140.49. Against the euro and the Swiss franc, the yen dropped to 6-day lows of 122.05 and 113.97 from yesterday's...

Canadian Pacific Railway Limited (CP, CP.TO) said that Keith Creel will become President and Chief Executive Officer of the company effective January 31, 2017 following Hunter Harrison's decision to retire from CP. The company said Harrison will take vacation leave effective immediately until January...

Jan18-011817.jpg Lilly is all set to acquire CoLucid Pharma for $46.50 per share in cash or approximately $960 million.

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