Canadian News


pharma-sept27_22feb20.jpg Biohaven Pharmaceutical Holding Company Ltd. (BHVN), which disappointed investors early this month, following negative results from its phase III trial of Troriluzole in Generalized Anxiety Disorder, has two more catalysts to watch out for this quarter.

The Canadian stock market ended notably higher on Friday, as rising concerns about the rapidly spreading coronavirus infection rendered the mood bearish and knocked down shares from across various sectors.

After opening on a slightly mixed note, the Canadian stock market drifted lower Friday morning amid concerns about the impact of the coronavirus outbreak on the global economy.

europeanstock-dec16_21feb20.jpg Shares of Avadel Pharmaceuticals plc (AVDL) soared as much as 32 percent today, following a $65 million private placement with institutional accredited investors led by Vivo Capital, Avoro Capital Advisors, RTW Investments, Venrock Healthcare Capital Partners, Acuta Capital, and KVP Capital.

Shares of Aerie Pharmaceuticals Inc. (AERI), a revenue-generating ophthalmic pharmaceutical company, are up more than 10%, following better-than-expected revenue for the fourth quarter and full-year ended December 31, 2019.

Shares of IMV Inc. (IMV) have gained more than 20 percent over the last 5 trading days as the Company gears up to report topline results from its DeCidE1 trial on February 25, 2020.

Canadian shares are likely to see a mixed start on Friday with investors reacting to news about the spread of the coronavirus infection, commodity prices and earnings news.

Royal Bank of Canada (RY, RY.TO) reported Friday a net income of C$3.51 billion or C$2.40 per share for the first quarter. Net income was up 11 percent from last year, with solid earnings per share growth of 12 percent. Results were driven by record earnings in Capital Markets, as well as by strong...

Enerplus Corp. (ERF, ERF.TO) reported a fourth quarter net loss of C$429.1 million compared to net income of C$249.3 million in the same period in 2018, primarily due to a C$451.1 million non-cash goodwill impairment related to the company's Canadian reporting unit as a result of the cumulative impact...

The euro appreciated against its most major counterparts in the European session on Friday, as German manufacturing sector activity expanded more than expected in February to the highest since January 2019. Flash survey results from IHS Markit showed that the manufacturing PMI climbed to a 13-month...

druguse-081419_21feb20.jpg The White House Thursday released the National Interdiction Command and Control Plan (NICCP) and border strategies, which outline the Trump Administration's interdiction strategy to reduce the availability of illicit drugs in the United States from across the borders. In tandem with the recently released National Drug Control Strategy, the NICCP provides strategic guidance to relevant drug contro

While reporting financial results for the fourth quarter on Friday, automotive supplier Magna International Inc. (MG.TO, MGA) maintained its net income and sales outlook for the full-year 2020. For fiscal 2020, the company continues to project net income attributable to company in a range of $1.8...

Shares of Akebia Therapeutics Inc. (AKBA), which touched a new 52-week high of $10.42 in intraday trading yesterday, have gained an impressive 65 percent so far this year.

The Australian and the New Zealand dollars fell against their major opponents in Asian deals on Friday, as risk sentiment worsened amid worries about the rising number of coronavirus infections in Beijing as well as outside China and its impact on the global economy. According to Chinese health officials,...

MediPharm Labs Corp., a Canada-based provider of cannabis oil and concentrates, said Thursday that it has entered into an agreement to supply medical cannabis products to Medical Cannabis by Shoppers, the online platform of Canadian pharmacy chain Shoppers Drug Mart. According to MediPharm Labs,...

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