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Loblaw Companies Ltd. (L.TO) announced that the United Food and Commercial Workers (locals UFCW 175 & 633 and UFCW 1000A) have achieved amendments to the memorandum of agreement for 69 stores across Ontario, from Ottawa to Windsor. Loblaw noted that sixty stores, represented by UFCW 1000A, including...

The Toronto Stock Exchange's benchmark index closed higher for a third straight session on Friday amid cautious trading ahead of Sunday's referendum in Greece. Greek Prime Minister Alexis Tsipras again asked his country to say no to austerity in the referendum and said that an assessment by the International...

Canadian stocks were set for a sluggish open Friday, as markets braced for this weekend's Greek referendum. Polls suggest Greeks are conflicted about whether to reject the terms of their earlier bailout and go it alone without the euro zone. Crude oil prices continued to slide this morning, putting...

The Japanese yen weakened against the other major currencies in the late Asian session on Friday. The yen fell to a 2-day low of 130.72 against the Swiss franc, from an early high of 130.22. Pulling away from an early 3-day high of 191.77 against the pound and a 2-day high of 122.80 against the...

The Australian dollar weakened against the other major currencies in the Asian session on Friday, after data showed that the services sector in China continued to expand in June at a slower pace. Traders also exercised caution amid some uncertainty about the outcome of the Greek referendum on Sunday....

The Australian dollars weakened against the other major currencies in the Asian session on Friday. The Australian dollar fell to more than a 2-1/2-month low of 0.7579 against the U.S. dollar, from yesterday's closing value of 0.7631. The aussie dropped to a 4-day low of 93.24 against the yen and...

Canadian stocks ended higher for a third straight session on Thursday, as the market resumed trading after being closed for Canada Day holiday on Wednesday. Investors now await the outcome of Sunday's referendum in Greece, even as Canadian stocks bucked the declining global trend, with U.S. markets in...

Great-West Lifeco Inc (GWO.TO) on Thursday said its European subsidiary, Canada Life Group, has completed the acquisition of Legal & General International (Ireland) Ltd ("LGII"). Terms of the transaction were not disclosed. Launched in 2007, LGII was a subsidiary of Legal & General Group Plc and is...

The Canadian stock market has resumed trading Thursday, following yesterday's Canada Day holiday and is modestly higher in early trade. The upside is being somewhat limited by weakness in mining, gold and financial stocks. The majority of the European markets have slipped into negative territory,...

German potash maker K+S Aktiengesellschaf or K+S Group's Board of Executive Directors and the Supervisory Board on Thursday rejected the unsolicited takeover proposal received from Canadian fertilizer giant Potash Corp of Saskatchewan, Inc. or PotashCorp (POT, POT.TO) after a thorough review of all aspects...

The U.S. dollar gave up its early advance against the other major currencies on Thursday, as weekly jobless claims rose unexpectedly last week and jobs growth slowed in June, while jobless rate fell to a 7-year low, indicating an uneven recovery in labor. Data from the Labor Department showed that...

Canadian stocks resume trading Thursday after being closed for the Canada Day holiday. Bay Street may struggle to match yesterday's gains in the U.S., as lower commodities prices could mean trouble for resource stocks. Also, news that the U.S. economy created 223,000 new jobs in June could mean...

Barnes & Noble Inc. (BKS) announced that Ronald Boire has been named Chief Executive Officer of the company's Retail business, effective September 8, 2015. Boire is currently President and CEO, and a member of the Board of Sears Canada (SCC.TO, SRSC). Sears Canada Inc. (SCC.TO, SRSC) said its Board...

Loblaw Companies Limited (L.TO) and UFCW locals 175 & 633 and 1000A have agreed to recommence negotiations relating to labour contracts covering 69 select stores in Ontario, including some Zehrs Great Food, Loblaws Great Food, and Real Canadian Superstore locations. Strikes began in nine stores represented...

The U.S. dollar strengthened against its major rivals in early European deals on Thursday, as traders await U.S. jobs data due later in the day to gauge whether the Federal Reserve will raise interest rates as early as September. Data from the Labour Department may show the economy to have added 230,000...

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