Bay Street Likely To Open Weak

Falling crude oil and metal prices, and weak European markets point to a negative start for Canadian shares on Thursday. Investors will also be reacting to key economic data from the U.S., and a slew of earnings updates from Canadian and U.S. companies.

Loblaw Companies Ltd. (L.TO) reported adjusted net earnings of $664 million for the second quarter, an increase of $38 million, or 6.1%, compared to a year ago.

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by RTTNews Staff Writer

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