Stock Market News

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX edges higher as TD, CIBC shares … Reuters - Thu, 26 Feb, 2015

    By John Tilak TORONTO (Reuters) - Canada's main stock index rose slightly on Thursday as advances in Toronto Dominion Bank and Canadian Imperial Bank of Commerce helped … More »TSX edges higher as TD, CIBC shares …

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

    By John Tilak TORONTO (Reuters) - Canada's main stock index rose slightly on Thursday as advances in Toronto Dominion Bank and Canadian Imperial Bank of Commerce helped offset a drop in the energy sector. TD shares advanced 1 percent, to C$54.47, after the company posted a slightly higher profit in line with expectations, …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX higher on Hudson's Bay surge, … Reuters - Wed, 25 Feb, 2015

    By John Tilak and Alastair Sharp TORONTO (Reuters) - Canada's main stock index gained on Wednesday as Hudson's Bay Co surged on a plan to carve out its real … More »TSX higher on Hudson's Bay surge, …

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

    By John Tilak and Alastair Sharp TORONTO (Reuters) - Canada's main stock index gained on Wednesday as Hudson's Bay Co surged on a plan to carve out its real estate assets and banking stocks rose after Royal Bank of Canada and National Bank of Canada posted solid earnings. HBC said it will form two real estate …

  • TSX up on strong bank results, Dow sets … CBC - Wed, 25 Feb, 2015

    The Toronto stock market was higher Wednesday on strong corporate earnings as New York's Dow index hit a new record. The Canadian dollar also rose, climbing 0.39 of … More »TSX up on strong bank results, Dow sets …

    The Toronto stock market was higher Wednesday on strong corporate earnings as New York's Dow index hit a new record. The Canadian dollar also rose, climbing 0.39 of a cent to 80.45 cents US on a bounce in oil prices. The TSX S&P index was up 65 points to 15,230 after Royal Bank turned in a record profit for the first …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX declines as energy, BMO shares  … Reuters - Tue, 24 Feb, 2015

    By John Tilak TORONTO (Reuters) - Canada's main stock index fell on Tuesday as a decline in oil and gas shares and a drop in Bank of Montreal offset optimism spurred … More »TSX declines as energy, BMO shares  …

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

    By John Tilak TORONTO (Reuters) - Canada's main stock index fell on Tuesday as a decline in oil and gas shares and a drop in Bank of Montreal offset optimism spurred by comments by U.S. Federal Reserve Chair Janet Yellen on monetary policy direction. BMO shares shed 2 percent to C$75.83 after the lender posted a smaller-than-expected …

  • Shell branding is seen at a petrol station in west London
    Shell Canada pulls regulatory application … The Canadian Press - Mon, 23 Feb, 2015

    CALGARY - Shell Canada Ltd. says it's pulling its regulatory application for the proposed Pierre River oilsands project north of Fort McMurray, Alta., in order to … More »Shell Canada pulls regulatory application …

    Shell branding is seen at a petrol station in west London

    CALGARY - Shell Canada Ltd. says it's pulling its regulatory application for the proposed Pierre River oilsands project north of Fort McMurray, Alta., in order to focus on existing operations.

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX gains on Valeant news; financial … Reuters - Mon, 23 Feb, 2015

    By John Tilak TORONTO (Reuters) - Canada's main stock index edged higher on Monday as weakness in shares of banks and insurers was offset by a surge in Valeant Pharmaceuticals … More »TSX gains on Valeant news; financial …

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

    By John Tilak TORONTO (Reuters) - Canada's main stock index edged higher on Monday as weakness in shares of banks and insurers was offset by a surge in Valeant Pharmaceuticals after the drugmaker announced a major acquisition. Valeant Pharmaceuticals International Inc shares shot up 15.1 percent to C$250.13, a day after …

  • Oil sinks below $50, dragging down Canadian … CBC - Mon, 23 Feb, 2015

    Oil sank below $50 US a barrel on Monday, sending the Canadian dollar lower. West Texas Intermediate crude, the most commonly traded North American contract, was down … More »Oil sinks below $50, dragging down Canadian …

    Oil sank below $50 US a barrel on Monday, sending the Canadian dollar lower. West Texas Intermediate crude, the most commonly traded North American contract, was down $1.47 to $49.34 US at the close of trading Monday in reaction to fresh reports of an oversupply of oil. International contract Brent crude was down $1.32 to …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX steady as bank shares offset Valeant … Reuters - Fri, 20 Feb, 2015

    By John Tilak TORONTO (Reuters) - Canada's main stock index ended little changed on Friday as a drop in bank shares ahead of their earnings season helped offset a … More »TSX steady as bank shares offset Valeant …

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

    By John Tilak TORONTO (Reuters) - Canada's main stock index ended little changed on Friday as a drop in bank shares ahead of their earnings season helped offset a gain in shares of Valeant Pharmaceuticals International Inc. Bearish sentiment gained momentum as Canadian banks prepared to reported quarterly results next …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    Goldcorp, SNC-Lavalin slumps push TSX … Reuters - Thu, 19 Feb, 2015

    By John Tilak TORONTO (Reuters) - Canada's main stock index fell on Thursday, hurt by sharp selloffs in Goldcorp Inc and SNC-Lavalin Group Inc . Goldcorp, the world's … More »Goldcorp, SNC-Lavalin slumps push TSX …

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

    By John Tilak TORONTO (Reuters) - Canada's main stock index fell on Thursday, hurt by sharp selloffs in Goldcorp Inc and SNC-Lavalin Group Inc . Goldcorp, the world's biggest gold producer by market value, posted a hefty loss as it took a $2.3 billion impairment charge on a new mine in Argentina, the second multibillion-dollar …

  • Bombardier turns to markets to raise … CBC - Thu, 19 Feb, 2015

    Trading in Bombardier shares was halted on the Toronto Stock Exchange late Thursday afternoon while the company revealed a plan to dilute the holdings of its shareholders … More »Bombardier turns to markets to raise …

    Trading in Bombardier shares was halted on the Toronto Stock Exchange late Thursday afternoon while the company revealed a plan to dilute the holdings of its shareholders and sell up to 390 million new shares in the company. Four underwriters including CIBC, Citibank, National Bank and UBS have agreed to sell up to 390 …

  • Canadian dollar driven down as oil dips … CBC - Thu, 19 Feb, 2015

    Oil prices resumed their slide on Thursday as new inventory data confirmed that North American oil producers aren't cutting back production, which may mean the glut isn't … More »Canadian dollar driven down as oil dips …

    Oil prices resumed their slide on Thursday as new inventory data confirmed that North American oil producers aren't cutting back production, which may mean the glut isn't going anywhere. Oil stocks rose by 14.3 million barrels last week, industry group the American Petroleum Institute showed late Wednesday. "The inventories …

  • Toronto Stock Exchange logo is seen in Toronto
    Oil price fall leads to first TSX slip … Reuters - Wed, 18 Feb, 2015

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index slipped on Wednesday, its first decline in six sessions, as shares of oil and gas companies were weighed … More »Oil price fall leads to first TSX slip …

    Toronto Stock Exchange logo is seen in Toronto

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index slipped on Wednesday, its first decline in six sessions, as shares of oil and gas companies were weighed down by the stalling momentum of a recent rally in the price of oil. Investors took some comfort from the minutes of the U.S. Federal Reserve's last meeting, …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX set to open higher as Greece pessimism … Reuters - Wed, 18 Feb, 2015

    (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Wednesday, tracking gains in Asia and Europe, as pessimism over the Greek deal … More »TSX set to open higher as Greece pessimism …

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

    (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Wednesday, tracking gains in Asia and Europe, as pessimism over the Greek deal saga faded. March futures on the S&P TSX index were up 0.19 percent at 7:15 a.m. ET. Wholesale trade data is due at 8:30 a.m. ET. Canada's main stock …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX up slightly as Restaurant Brands … Reuters - Tue, 17 Feb, 2015

    By John Tilak TORONTO (Reuters) - Canada's main stock index edged higher on Tuesday as a jump in Restaurant Brands International Inc , following the fast-food chain's … More »TSX up slightly as Restaurant Brands …

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

    By John Tilak TORONTO (Reuters) - Canada's main stock index edged higher on Tuesday as a jump in Restaurant Brands International Inc , following the fast-food chain's quarterly report, helped offset declines in the natural resource sectors after commodity prices weakened. Worries about whether Greece will be able …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX nears five-month high on energy … Reuters - Fri, 13 Feb, 2015

    By John Tilak TORONTO (Reuters) - Canada's main stock index rose to its highest level in almost five months on Friday as robust oil prices helped boost the energy sector, … More »TSX nears five-month high on energy …

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

    By John Tilak TORONTO (Reuters) - Canada's main stock index rose to its highest level in almost five months on Friday as robust oil prices helped boost the energy sector, offsetting a decline in TransCanada Corp after the pipeline company reported quarterly results. TransCanada reported a higher-than-expected quarterly …

  • New York stocks were near record levels and the TSX was at a five-month high Friday as oil prices moved higher. The TSX was at its highest levels since last September, up 42 points to 15,271. It's the fourth week in a row the TSX has ended higher, though the market remains volatile. Underlying the gains were advances …

  • Home Capital CEO sees little impact … Reuters - Thu, 12 Feb, 2015

    By John Tilak TORONTO (Reuters) - Canadian mortgage lender Home Capital Group Inc is not being hurt by the oil price collapse and does not have any significant exposure to the Alberta market, its chief executive officer told Reuters on Thursday. Worries about oil prices , down 52 percent since the middle of last year, …