Canadian News


The Australian dollar weakened against its major counterparts in the Asian session on Monday, as expectations of an aggressive interest rate cut by the U.S. Federal Reserve reduced and Middle East tensions intensified, diminishing the appeal of high-yielding assets. Hopes for a smaller cut increased...

biotechipo-july19.jpg As another week comes to a close, it is time to take a look at the U.S. healthcare IPOs scheduled for the week ahead.

The Canadian stock market faltered after a bright start on Friday, and despite bouncing back past noon, struggled to hold gains and eventually ended the session flat.

The Canadian stock market was up in positive territory around noon on Friday, despite giving up some early gains amid cautious moves by investors.

The Canadian dollar slipped against its major counterparts in the European session on Friday, as a data showed that the nation's retail sales unexpectedly fell for the first time in four months in May. Data from Statistics Canada showed that retail sales fell 0.1 percent on a seasonally adjusted monthly...

The Canadian stock market looks headed for a positive start on Friday, tracking higher crude oil and gold prices. The market is also likely to be supported by rising optimism about a rate cut by the Federal Reserve later this month.

Following the release of Canada retail sales for May at 8:30 am ET Friday, the loonie dropped against its major rivals. The loonie was trading at 82.30 against the yen, 0.9234 against the aussie, 1.4692 against the euro and 1.3098 against the greenback around 8:32 am ET.

Canada retail sales for May are due from Statistics Canada at 8:30 am ET Friday. Ahead of the data, the loonie traded mixed against its major rivals. While the loonie rose against the yen and the euro, it was steady against the aussie. Against the greenback, it fell. The loonie was worth 82.51 against...

pharmacy-040318_19jul19.jpg Today's Daily Dose brings you news about UnitedHealth's rosy outlook; MyoKardia's upcoming milestone in 2020; Atara's public offering, and collaboration between Bayer, Bristol-Myers Squibb (BMY) and Ono Pharmaceutical.

The Japanese yen slipped against its major counterparts in the Asian session on Friday, as Asian shares advanced after a top Fed official hinted about the need to add stimulus in the wake of low inflation and not wait for economic disaster to unfold. "It's better to take preventative measures than...

Acacia Mining plc (ACA.L) announced Friday that it has reached terms of a recommended offer, under which Barrick Gold Corp. (GOLD, ABX.TO) will acquire all Acacia shares which it does not already own. It is intended that the acquisition will be implemented by means of a court-sanctioned scheme of...

pharmadown-july18.jpg The following are some of the pharma/biotech stocks that posted the biggest percentage decline on Thursday.

pharmaup-july18.jpg The following are some of today's top gainers in the pharma/biotech sector.

The Canadian stock market ended slightly higher on Thursday, as strong gains in the materials and technology sections helped offset losses in healthcare and energy sections.

Canadian stocks were swinging between gains and losses Thursday morning amid lingering worries about global economic slowdown and uncertainty about the progress the U.S. and China are making with regard to trade negotiations.

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