Canadian stocks ended higher for a second straight session Friday, amid some upbeat macroeconomic data from the U.S. notwithstanding uncertainty over prospects of the Federal Reserve winding down its bond-buying program. The jump was led by buoyancy in financial and energy stocks, which more than made...
Canadian stocks were moving higher Friday morning despite concerns about the state of the U.S. economy and uncertainty over the prospects of the Fed winding down its bond-buying program. Earlier today, data from Eurostat showed euro zone construction output continued its decline for the fifth month in...
Immunotec Inc. (IMM.V) announced that it has appointed Charles Orr as its Chief Executive Officer. Orr has served since March 2009 as Executive Director of the Direct Selling Education Foundation, where he held ultimate responsibility for the Foundation's programs and activities.
Orr served as President...
Toronto stocks were up at open Friday amid buying in energy and base-metals stocks, with the S&P/TSX Composite Index adding 53.38 points or 0.43 percent to 12,560.98.
The Diversified Materials Index added nearly 1 percent, with Teck Resources (TCK_B.TO) gaining about 2 percent and First Quantum Minerals...
The Canadian dollar continued its fall against other major currencies on Friday after a report showed that country's inflation reached to the lowest level since 2009.
Data from Statistics Canada showed that Canada's consumer price inflation slowed to 0.4% annually in April mainly due to a decline...
Canadian stocks are poised for a flat open Friday amid mixed commodities and varied cues from the global equity markets. Asian stocks ended mostly higher overnight despite concerns about the state of the U.S. economy and uncertainty over the prospects of the Fed winding down its bond-buying program....
Canada consumer price inflation for April and wholesale sales for March were released at 8:30 am ET Friday. Amid these reports, the loonie dropped further against other major currencies.
The loonie is now trading at 1.0296 against the greenback, 99.63 against the yen, 1.3204 against the euro and 1.0017...
Canada consumer price inflation for April and wholesale sales for March are due at 8:30 am ET Friday. Ahead of these reports, the loonie declined against other major currencies.
As of 8:25 am ET, the loonie was quoted at 1.0265 against the greenback, 99.78 against the yen, 1.3209 against the euro...
The Canadian dollar drifted lower against the euro ahead of the European session on Friday.
The loonie touched a 2-day low of 1.3155 against the euro, down 0.21 percent from Thursday's close of 1.3128. If the loonie extends downtrend, it may breach 1.33 level.
The Canadian dollar dropped to 1.0222 against the US dollar on Friday in Asia, its weakest level since April 25 and was down 0.3 percent from Thursday's close of 1.0193.
The next likely support for the Canadian currency is seen around the 1.0250 level.
Canadian stocks ended higher Thursday, amid some mixed macroeconomic data from the U.S. and Europe, although gains were capped mostly by some disappointing numbers from across the border.
A U.S. Labor Department report on Thursday showed consumer price inflation in the country to have dropped more...
Canadian stocks were moving higher Thursday morning amid a mixed batch of macroeconomic data from the US and Europe. While U.S. unemployment benefits rebounded by more than anticipated last week, housing starts fell by much more than expected in the month of April.
Earlier today, data from Eurostat...
Bay Street stocks were little changed at open Thursday amid selling in metal stocks, with the S&P/TSX Composite Index edging up 12.87 points or 0.10 percent to 12,486.52.
The Global Gold Index was down about 3 percent, with Detour Gold (DGC.TO) losing over 6 percent and Allied Nevada Gold (ANV.TO...
Canadian aviation-training and simulation products provider CAE, Inc. on Thursday reported an 18 percent decline in profit for the fourth quarter from last year as restructuring, integration and acquisition costs more than offset strong revenue growth. However, both revenue and adjusted earnings per share beat analysts' expectations.
Canadian telecom company TELUS Corp. (T.TO, TU), Thursday said it agreed to acquire Mobilicity, a provider of wireless telecommunication services, for $380 million. The entire purchase price will be used for Mobilicity's secured and unsecured debt.
TELUS and Mobilicity have informed the government...