Stock Market News

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

TSX drops as strong earnings fail to banish doubts about banks

Canada's main stock index pulled back on Thursday as stronger-than-expected earnings from three of the country's biggest lenders early in the day failed to dispel market doubts about bank performance in the future. Among the three banks that reported on Thursday, Canadian Imperial Bank of Commerce also raised its dividend, joining two of Canada's Big Six banks that hiked their payouts earlier th…

  • Barrick Gold Corp Chairman of the board  Thornton looks on during their annual general meeting for shareholders in Toronto
    Barrick investors welcome Chinese tie-up, … Reuters - Tue, 26 May, 2015

    By Nicole Mordant and Euan Rocha VANCOUVER/TORONTO (Reuters) - Barrick Gold Corp's first step to long-promised partnerships with China, as well as progress in reaching … More »Barrick investors welcome Chinese tie-up, …

    Barrick Gold Corp Chairman of the board  Thornton looks on during their annual general meeting for shareholders in Toronto

    By Nicole Mordant and Euan Rocha VANCOUVER/TORONTO (Reuters) - Barrick Gold Corp's first step to long-promised partnerships with China, as well as progress in reaching an ambitious debt-cutting goal, are turning skeptical investors warmer toward the world's biggest gold miner. Barrick said on Tuesday it would sell a stake …

  • A sign board displaying Toronto Stock Exchange stock information is seen in Toronto
    TSX stumbles as greenback rally hurts … Reuters - Tue, 26 May, 2015

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index stumbled on Tuesday as gold miners, banks and energy companies led a broad sell-off that had value investors … More »TSX stumbles as greenback rally hurts …

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

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index stumbled on Tuesday as gold miners, banks and energy companies led a broad sell-off that had value investors cheering as data reminded the market that U.S. interest rates will eventually rise. "Markets are expensive and I've got cash, so I'm thrilled," said …

  • Oil drops amid signs U.S. drillers ready to turn on the taps
    Oil drops amid signs U.S. drillers ready … CBC - Tue, 26 May, 2015

    Oil dropped sharply Tuesday morning, after reports showing U.S. drillers may be ready to turn on the taps again as West Texas Intermediate crude hovers around $60 US … More »Oil drops amid signs U.S. drillers ready …

    Oil drops amid signs U.S. drillers ready to turn on the taps

    Oil dropped sharply Tuesday morning, after reports showing U.S. drillers may be ready to turn on the taps again as West Texas Intermediate crude hovers around $60 US a barrel. West Texas Intermediate, the most commonly traded North American crude contract, was down $1.46 at $58.25 US a barrel. Goldman Sachs analysts say …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    Oil and gas shares tug TSX lower in … Reuters - Mon, 25 May, 2015

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index edged lower on Monday as investors took money out of recently rising energy stocks in trade made sluggish … More »Oil and gas shares tug TSX lower in …

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

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index edged lower on Monday as investors took money out of recently rising energy stocks in trade made sluggish by the U.S. Memorial Day holiday, but banks firmed ahead of closely watched quarterly earnings reports. The energy sector, which accounts for more than …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX eases after recent rally as energy, … Reuters - Fri, 22 May, 2015

    Investors took a cautious approach ahead of a U.S. trading holiday on Monday, though U.S. dollar strength hurt some energy stocks as crude prices slipped. Energy stocks … More »TSX eases after recent rally as energy, …

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

    Investors took a cautious approach ahead of a U.S. trading holiday on Monday, though U.S. dollar strength hurt some energy stocks as crude prices slipped. Energy stocks were five of the 10 biggest negative weights on the Toronto Stock Exchange's S&P/TSX composite index <.GSPTSE>. U.S. Federal Reserve Chair Janet Yellen …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX rallies as oil prices boost energy; … Reuters - Thu, 21 May, 2015

    By Solarina Ho TORONTO (Reuters) - Canada's main stock index rebounded on Thursday as financial and energy stocks, bolstered by a rally in oil prices, pushed the TSX … More »TSX rallies as oil prices boost energy; …

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

    By Solarina Ho TORONTO (Reuters) - Canada's main stock index rebounded on Thursday as financial and energy stocks, bolstered by a rally in oil prices, pushed the TSX to its best performance in more than a week. The company is in talks to buy Egyptian drugmaker Amoun Pharmaceutical Co, according to a Bloomberg report on …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX falls, ending three-day streak, … Reuters - Wed, 20 May, 2015

    TORONTO (Reuters) - Canada's main stock index ended lower on Wednesday, snapping a three-day winning streak, as banks led a broad retreat offset by gains in oil and … More »TSX falls, ending three-day streak, …

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

    TORONTO (Reuters) - Canada's main stock index ended lower on Wednesday, snapping a three-day winning streak, as banks led a broad retreat offset by gains in oil and gas shares. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed down 48.19 points, or 0.32 percent, at 15,072.83. Nine of the …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    Banks help TSX edge higher for third … Reuters - Tue, 19 May, 2015

    By Alastair Sharp TORONTO (Reuters) - Financial stocks helped Canada's main stock index gain for a third straight session on Tuesday as investor optimism got a boost … More »Banks help TSX edge higher for third …

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

    By Alastair Sharp TORONTO (Reuters) - Financial stocks helped Canada's main stock index gain for a third straight session on Tuesday as investor optimism got a boost from Bank of Canada commentary and the U.S. Dow industrials closing at a record high. The Toronto Stock Exchange's S&P/TSX composite index <.GSPTSE> rose …

  • A sign board displaying Toronto Stock Exchange stock information is seen in Toronto
    Resource stocks help TSX gain; financials … Reuters - Fri, 15 May, 2015

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index gained on Friday as a broad rally led by oil and gas, mining, and industrial stocks offset weakness … More »Resource stocks help TSX gain; financials …

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

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index gained on Friday as a broad rally led by oil and gas, mining, and industrial stocks offset weakness among large-cap banks and insurers. The Toronto Stock Exchange's S&P/TSX composite index added 80 points, or 0.53 percent, to 15,108.12. It ended the …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX halts three-day slide, but energy … Reuters - Thu, 14 May, 2015

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index broke a three-day slide on Thursday in a broad rally in which gold miners gained on higher bullion prices … More »TSX halts three-day slide, but energy …

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

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index broke a three-day slide on Thursday in a broad rally in which gold miners gained on higher bullion prices as the U.S. dollar weakened, but the heavyweight oil and gas sector fell along with crude prices. The Toronto Stock Exchange's S&P/TSX composite index …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX down for third day as energy and … Reuters - Wed, 13 May, 2015

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index fell for a third straight session on Wednesday, with heavyweight energy and railway companies among the … More »TSX down for third day as energy and …

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

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index fell for a third straight session on Wednesday, with heavyweight energy and railway companies among the biggest losers as crude prices slipped and investors worried about economic growth. The Toronto Stock Exchange's S&P/TSX composite index <.GSPTSE> ended …

  • A sign board displaying Toronto Stock Exchange stock information is seen in Toronto
    TSX tracks global markets lower in broad … Reuters - Tue, 12 May, 2015

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index fell sharply on Tuesday, tracking global equities, as volatility in bond markets and other worries rattled … More »TSX tracks global markets lower in broad …

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

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index fell sharply on Tuesday, tracking global equities, as volatility in bond markets and other worries rattled investors worldwide. "There's a lot of uncertainty and until we get through that period, we're just going to have to suffer this," said RKH Investments …

  • A TMX Group sign, the company that runs the Toronto Stock Exchange, is seen in Toronto
    TMX CEO says wants to differentiate … Reuters - Tue, 12 May, 2015

    Markets operator TMX Group Ltd plans to better integrate its disparate units and make more use of data amid rising competition in the domestic exchange industry, the … More »TMX CEO says wants to differentiate …

    A TMX Group sign, the company that runs the Toronto Stock Exchange, is seen in Toronto

    Markets operator TMX Group Ltd plans to better integrate its disparate units and make more use of data amid rising competition in the domestic exchange industry, the Toronto Stock Exchange operator's chief executive said on Tuesday. The company posted an 8 percent decline in first-quarter profit late on Monday, missing …

  • A sign board displaying Toronto Stock Exchange stock information is seen in Toronto
    TSX slips as oil and gas stocks wei … Reuters - Mon, 11 May, 2015

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index eased on Monday as energy companies fell on lower oil prices, with investors also cautious on China's … More »TSX slips as oil and gas stocks wei …

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

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index eased on Monday as energy companies fell on lower oil prices, with investors also cautious on China's latest interest rate cut and prospects for a resolution of Greece's financial woes. Crescent Point Energy Corp was among the most influential declining …

  • A sign board displaying Toronto Stock Exchange stock information is seen in Toronto
    TSX climbs on U.S. jobs data, energy … Reuters - Fri, 8 May, 2015

    By Solarina Ho and John Tilak TORONTO (Reuters) - Canada's main stock index advanced on Friday as upbeat economic data reflected strength in the U.S. labor market and … More »TSX climbs on U.S. jobs data, energy …

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

    By Solarina Ho and John Tilak TORONTO (Reuters) - Canada's main stock index advanced on Friday as upbeat economic data reflected strength in the U.S. labor market and shares of energy producers climbed with the price of U.S. crude oil. In the United States, all three main stock indexes, the Dow Jones industrial average …

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

    By Solarina Ho TORONTO (Reuters) - Canada's main stock index rose broadly on Thursday, reversing a retreat in early trading as resource stocks turned positive, but energy companies posted another round of heavy declines as crude prices sank. The heavily weighted materials group, home to mining and other resource companies, …

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

    TORONTO (Reuters) - Canada's main stock index dropped about 1 percent on Wednesday, hitting a one-month low, as the victory of the left-wing New Democratic Party in oil-rich Alberta's provincial election hit energy shares. The Toronto Stock Exchange's S&P/TSX composite index closed down 150.05 points, or 0.99 …