Stock Market News

A man walks past an old Toronto Stock Exchange sign in Toronto

TSX ends higher as financials gain on defensive buying

By Leah Schnurr OTTAWA (Reuters) - Canada’s main stock index rose on Friday, recording its third straight daily gain, as strength in financials as defensive plays as the Greek crisis rages helped overcome a decline in oil and gas shares. Volume was muted through the session due to the U.S. Independence Day holiday, and investors were also wary of making aggressive bets heading into Sunday's Gree…

  • A sign board displaying Toronto Stock Exchange stock information is seen in Toronto
    TSX higher as energy shares gain; down … Reuters - Tue, 30 Jun, 2015

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index regained some ground on Tuesday after Monday's precipitous drop, with energy shares leading broad … More »TSX higher as energy shares gain; down …

    A sign board displaying Toronto Stock Exchange stock information is seen in Toronto

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index regained some ground on Tuesday after Monday's precipitous drop, with energy shares leading broad gains as crude bounced off three-week lows. The oscillations could extend through the week amid low volumes ahead of a Greek referendum on the terms of …

  • Eldorado Gold says Greek mines not affected … CBC - Tue, 30 Jun, 2015

    Canadian miner Eldorado Gold Corporation says the financial crisis unfolding in Greece isn't having an impact on its operations in the country. Eldorado's Greek assets make … More »Eldorado Gold says Greek mines not affected …

    Canadian miner Eldorado Gold Corporation says the financial crisis unfolding in Greece isn't having an impact on its operations in the country. Eldorado's Greek assets make up some 40 per cent of the company's operating net asset value, according to Dan Rollins, an analyst with RBC Capital Markets.

  • TSX, Dow bounce upwards despite Greek … CBC - Tue, 30 Jun, 2015

    Markets in North America bounced higher on Tuesday, as Greece approached the deadline to make its 1.6-billion euro ($2.2 billion Cdn) debt payment to the International … More »TSX, Dow bounce upwards despite Greek …

    Markets in North America bounced higher on Tuesday, as Greece approached the deadline to make its 1.6-billion euro ($2.2 billion Cdn) debt payment to the International Monetary Fund. The TSX/S&P index was up 63 points at the close of trading to 14,553 and the Dow came back 43 points to 17,619. The gains followed deep declines …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX erases 2015 gains on Greek cris … Reuters - Mon, 29 Jun, 2015

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index fell more than 2 percent on Monday, wiping out its 2015 gains with banks leading a near-unanimous retreat … More »TSX erases 2015 gains on Greek cris …

    A man walks past an old Toronto Stock Exchange sign in Toronto

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index fell more than 2 percent on Monday, wiping out its 2015 gains with banks leading a near-unanimous retreat as debt-wracked Greece said it will miss a 1.6 billion euro loan payment and investors worried it could leave the euro. All but eight stocks on the Toronto …

  • A man walks past a Fairfax Holdings sign directing shareholders to the meeting, at the annual general meeting for shareholders in Toronto
    Fairfax's potential hit from Greek … Reuters - Mon, 29 Jun, 2015

    By Euan Rocha TORONTO (Reuters) - Fairfax Financial Holdings , which bet on a successful turnaround in Greece in 2014, stands to take a hit from a Greek default, but … More »Fairfax's potential hit from Greek …

    A man walks past a Fairfax Holdings sign directing shareholders to the meeting, at the annual general meeting for shareholders in Toronto

    By Euan Rocha TORONTO (Reuters) - Fairfax Financial Holdings , which bet on a successful turnaround in Greece in 2014, stands to take a hit from a Greek default, but one-time gains and other factors are likely to soften the blow, RBC said in a note on Monday. Analyst Mark Dwelle said that despite the spiraling Greek crisis, …

  • A sign board displaying Toronto Stock Exchange stock information is seen in Toronto
    Modest rise for Canadian stocks seen … Reuters - Mon, 29 Jun, 2015

    By Alastair Sharp TORONTO (Reuters) - Canadian stocks are likely to edge higher in the second half of the year before picking up further in early 2016, as the country's … More »Modest rise for Canadian stocks seen …

    A sign board displaying Toronto Stock Exchange stock information is seen in Toronto

    By Alastair Sharp TORONTO (Reuters) - Canadian stocks are likely to edge higher in the second half of the year before picking up further in early 2016, as the country's influential energy industry struggles to deal with stubbornly low oil prices, a Reuters poll showed. The Toronto Stock Exchange's S&P/TSX composite index …

  • Stock markets slump as Greece mulls … CBC - Mon, 29 Jun, 2015

    Japan's Nikkei and Hong Kong's Hang Seng indexes shed 600 and 700 points, respectively — almost three per cent of the value of each stock market. Greek Prime Minister … More »Stock markets slump as Greece mulls …

    Japan's Nikkei and Hong Kong's Hang Seng indexes shed 600 and 700 points, respectively — almost three per cent of the value of each stock market. Greek Prime Minister has said the country will not make a payment it owes to the IMF by then, and will instead wait to decide what to do until after the results of a referendum …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX broadly retreats, but ends week … Reuters - Fri, 26 Jun, 2015

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index slipped on Friday in a broad retreat led by utilities and resource stocks, although the index still managed … More »TSX broadly retreats, but ends week …

    A man walks past an old Toronto Stock Exchange sign in Toronto

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index slipped on Friday in a broad retreat led by utilities and resource stocks, although the index still managed a 1.1 percent gain in a week dominated by the ongoing Greek debt drama. The Toronto Stock Exchange's S&P/TSX composite index <.GSPTSE> lost 89.41 points, …

  • Sears in North Sydney, Cape Breton, closes its doors
    Sears Canada in 'make or break' stage … The Canadian Press - Fri, 26 Jun, 2015

    Time is running out for struggling department store chain Sears Canada to improve its financial results and the chances of survival are slim, says one retail analyst … More »Sears Canada in 'make or break' stage …

    Sears in North Sydney, Cape Breton, closes its doors

    Time is running out for struggling department store chain Sears Canada to improve its financial results and the chances of survival are slim, says one retail analyst.

  • Vancouver's Russell Breweries gets takeover offer
    Vancouver's Russell Breweries gets … CBC - Fri, 26 Jun, 2015

    Vancouver's Russell Breweries is the target of a takeover offer from Premier Diversified Holdings Inc., which recently acquired a significant minority stake in the regional … More »Vancouver's Russell Breweries gets …

    Vancouver's Russell Breweries gets takeover offer

    Vancouver's Russell Breweries is the target of a takeover offer from Premier Diversified Holdings Inc., which recently acquired a significant minority stake in the regional beer maker. Premier says it would exchange one of its common shares for every 2.5 shares of Russell, which is headquartered near Vancouver in Surrey, …

  • A woman walks into a store of yogawear retailer Lululemon Athletica in downtown Vancouver
    Lululemon recalls 318,000 women's tops; … The Canadian Press - Thu, 25 Jun, 2015

    Lululemon is recalling about 318,000 women's tops, saying the hard-tipped elastic draw cords can snap back and injure the face or eyes of a wearer. More »Lululemon recalls 318,000 women's tops; …

    A woman walks into a store of yogawear retailer Lululemon Athletica in downtown Vancouver

    Lululemon is recalling about 318,000 women's tops, saying the hard-tipped elastic draw cords can snap back and injure the face or eyes of a wearer.

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX breaks three-day winning streak … Reuters - Thu, 25 Jun, 2015

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index finished lower on Thursday, pulled down by a hefty retreat in energy names that snapped a three-session … More »TSX breaks three-day winning streak …

    A man walks past an old Toronto Stock Exchange sign in Toronto

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index finished lower on Thursday, pulled down by a hefty retreat in energy names that snapped a three-session rally. The Toronto Stock Exchange's S&P/TSX composite index <.GSPTSE> ended down 50.01 points, or 0.33 percent, at 14,897.5. Suncor Energy Inc fell 3.2 …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    Energy stocks lead TSX to third straight … Reuters - Wed, 24 Jun, 2015

    TORONTO (Reuters) - Canada's main stock index rose on Wednesday, helped by gains in the energy sector despite a slip in oil prices as investors held on to hopes for … More »Energy stocks lead TSX to third straight …

    A man walks past an old Toronto Stock Exchange sign in Toronto

    TORONTO (Reuters) - Canada's main stock index rose on Wednesday, helped by gains in the energy sector despite a slip in oil prices as investors held on to hopes for a satisfactory resolution to Greek debt talks. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 42.60 points, or 0.29 percent, …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX at two-week high on Greece hopes, … Reuters - Tue, 23 Jun, 2015

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index hit its highest close in more than two weeks on Tuesday, extending Monday's sharp rebound, as heavyweight … More »TSX at two-week high on Greece hopes, …

    A man walks past an old Toronto Stock Exchange sign in Toronto

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index hit its highest close in more than two weeks on Tuesday, extending Monday's sharp rebound, as heavyweight energy, financial and mining stocks gained in part on optimism about a deal to stave off Greek default. "It shows how much liquidity there is in the …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX rallies on Greece hopes; gold miners … Reuters - Mon, 22 Jun, 2015

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index rallied broadly on Monday, bolstered by investor optimism over Greece's latest attempt to avoid defaulting … More »TSX rallies on Greece hopes; gold miners …

    A man walks past an old Toronto Stock Exchange sign in Toronto

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index rallied broadly on Monday, bolstered by investor optimism over Greece's latest attempt to avoid defaulting on its debts, a development that cast shade on the price of safe-haven gold and hurt its miners. The Toronto Stock Exchange's S&P/TSX composite index …

  • A man walks past an old Toronto Stock Exchange sign in Toronto

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index fell to its lowest close since mid-January on Friday as disappointing domestic retail sales data added to the market's anxiety over the Greek debt crisis. With crude and base metals prices slumping, the index's heavily weighted energy and materials sectors …

  • Bombardier part of US$543 million rail … The Canadian Press - Fri, 19 Jun, 2015

    While Bombardier failed to land any new orders at the Paris Air Show, its railway division has secured about US$543 million worth of contracts alone or in partnership in China and London.