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After ending the previous session modestly lower, Canadian stocks moved back to the upside during the trading day on Wednesday.

The Canadian stock market is up firmly in positive territory in early afternoon trades on Wednesday, tracking positive global cues amid rising hopes about global economic recovery.

Loblaw Companies Limited (L.TO) reported that its first-quarter net earnings available to common shareholders were C$313 million, an increase of C$73 million or 30.4% from the prior year. Net earnings per share were C$0.90, an increase of $0.24, or 36.4% from the previous year. Adjusted net earnings...

The Canadian market looks headed for a positive start on Wednesday, tracking higher crude oil prices and a firm trend in major European markets, amid optimism about growth.

Electric and gas utility Fortis Inc. (FTS, FTS.TO) reported Wednesday that its first-quarter net earnings attributable to equity shareholders were C$355 million or C$0.76 per share, higher than last year's C$312 million. Adjusted net earnings attributable to equity shareholders were C$360 million...

Barrick Gold Corp. (GOLD, ABX.TO) reported that its first quarter adjusted net earnings per share increased to $0.29 from $0.16, prior year. On average, 19 analysts polled by Thomson Reuters expected the company to report profit per share of $0.27, for the quarter. Analysts' estimates typically exclude...

The U.S. dollar strengthened against its major counterparts in the European session on Wednesday in the wake of comments from U.S. Treasury Secretary Janet Yellen suggesting a rate hike in the near future to prevent the economy from overheating. The interest rates may need to rise to prevent the economy...

The Canadian market, which faltered after a slightly positive start Tuesday morning, stayed weak right through the session before finally closing with a marginal loss.

After opening slightly up and moving a bit higher, the Canadian stock market faltered Tuesday morning, led by losses in healthcare, information technology and consumer discretionary shares.

Canadian shares may open with a positive bias Tuesday morning, tracking higher crude oil prices and data showing a marked jump in building permits.

Following the release of Canada trade data for March at 8:30 am ET Tuesday, the loonie changed little against its major counterparts. The loonie was trading at 1.4826 against the euro, 88.50 against the yen, 0.9500 against the aussie and 1.2231 against the greenback around 8:32 am ET.

At 8:30 am ET Tuesday, Statistics Canada will release Canada trade data for March. Ahead of the data, the loonie showed mixed trading against its major counterparts. While it held steady against the aussie, it fell against the rest of major rivals. The loonie was worth 1.4829 against the euro, 88.47...

The U.S. dollar gained ground against its major rivals on Tuesday, after Federal Reserve Chairman Jerome Powell said that U.S. economic outlook has clearly brightened amid faster vaccination rates and fiscal stimulus, but cautioned that the economy is "not out of the woods yet." "While the recovery...

australiandollar july02 04may21 The Australian dollar spiked higher against its most major trading partners in the Asian session on Tuesday, after Australia's central bank retained its benchmark interest rate at a historic low and lifted economic growth forecast led by the strong recovery in economic activity. The policy board of...

The Canadian stock market closed on a positive note on Monday, rebounding well after two successive days of losses, as firm commodity prices triggered strong buying in materials and energy sectors.

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