Stock Market News

  • OSC 'comply and explain' plan … CBC - Thu, 17 Apr, 2014

    Most of the companies and groups who sent comments about a proposed Ontario Security Commission reporting requirement around women on their boards support the “comply … More »OSC 'comply and explain' plan …

    Most of the companies and groups who sent comments about a proposed Ontario Security Commission reporting requirement around women on their boards support the “comply and explain” approach taken by the securities regulator, rather than imposition of quotas.

  • A Bay St sign, a symbol of Canada's economic markets and where main financial institutions are located, is seen in Toronto
    TSX nears six-year high as energy shares … Reuters - Thu, 17 Apr, 2014

    The energy sector has advanced in each of the last five sessions and added nearly 3 percent in the last two. It added 1.7 percent this week. More »TSX nears six-year high as energy shares …

    A Bay St sign, a symbol of Canada's economic markets and where main financial institutions are located, is seen in Toronto

    The energy sector has advanced in each of the last five sessions and added nearly 3 percent in the last two. It added 1.7 percent this week.

  • TSX closes at highest level since 2 … CBC - Thu, 17 Apr, 2014

    The Toronto Stock Exchange's main index hit its highest level in more than five years on Thursday, pushed higher by stronger prices for commodities Canada has a lot … More »TSX closes at highest level since 2 …

    The Toronto Stock Exchange's main index hit its highest level in more than five years on Thursday, pushed higher by stronger prices for commodities Canada has a lot of like oil and natural gas.

  • Canadian Natural Resources Limited's Primrose Lake oil sands project is seen near Cold Lake, Alberta
    Energy sector to drive Canada first-quarter … Reuters - Thu, 17 Apr, 2014

    By John Tilak TORONTO (Reuters) - Canadian companies are expected to post solid profit gains when they begin unveiling first-quarter results next week, with robust earnings … More »Energy sector to drive Canada first-quarter …

    Canadian Natural Resources Limited's Primrose Lake oil sands project is seen near Cold Lake, Alberta

    By John Tilak TORONTO (Reuters) - Canadian companies are expected to post solid profit gains when they begin unveiling first-quarter results next week, with robust earnings at energy companies seen overcoming weakness at miners and the materials sector. Energy companies will benefit from a ramp-up in production, improved …

  • Toronto Stock Exchange logo is seen in Toronto
    TSX jumps on Fed comments, China da … Reuters - Wed, 16 Apr, 2014

    By John Tilak TORONTO (Reuters) - Canada's main stock index recorded its biggest single-day jump in more than two months on Wednesday, driven higher by supportive comments … More »TSX jumps on Fed comments, China da …

    Toronto Stock Exchange logo is seen in Toronto

    By John Tilak TORONTO (Reuters) - Canada's main stock index recorded its biggest single-day jump in more than two months on Wednesday, driven higher by supportive comments on U.S. employment by Federal Reserve Chair Janet Yellen and bullish economic data from China. Investors also digested news that the Bank of Canada …

  • Fred Ketchen looks back on 57 years … CBC - Wed, 16 Apr, 2014

    Fred Ketchen, often called the “Dean of Bay Street” will retire next month as director of equity trading for Scotia McLeod after a career in trading that spans 57 ye … More »Fred Ketchen looks back on 57 years …

    Fred Ketchen, often called the “Dean of Bay Street” will retire next month as director of equity trading for Scotia McLeod after a career in trading that spans 57 years.

  • Toronto Stock Exchange logo is seen in Toronto
    TSX higher after U.S. data, earnings; … Reuters - Tue, 15 Apr, 2014

    By John Tilak TORONTO (Reuters) - Canada's main stock index edged higher on Tuesday after upbeat U.S. economic data and corporate results helped offset worries about … More »TSX higher after U.S. data, earnings; …

    Toronto Stock Exchange logo is seen in Toronto

    By John Tilak TORONTO (Reuters) - Canada's main stock index edged higher on Tuesday after upbeat U.S. economic data and corporate results helped offset worries about increasing instability in Ukraine and a sharp decline in gold-mining shares. Gains in shares of Coca-Cola Co and Johnson & Johnson after their earnings reports …

  • Brad Shaw, CEO of Shaw Communications, answers questions during a news conference at the Shaw AGM in Calgary
    Shaw Communications to lay off 400 employees … The Canadian Press - Mon, 14 Apr, 2014

    CALGARY - Shaw Communications (TSX:SJR.B) plans to lay off some 400 employees, or almost three per cent of its workforce, in a move to consolidate operations. More »Shaw Communications to lay off 400 employees …

    Brad Shaw, CEO of Shaw Communications, answers questions during a news conference at the Shaw AGM in Calgary

    CALGARY - Shaw Communications (TSX:SJR.B) plans to lay off some 400 employees, or almost three per cent of its workforce, in a move to consolidate operations.

  • Miners push TSX up amid weather impacted housing data, interest rate forecasts
    TSX climbs on resource price gains, … Reuters - Mon, 14 Apr, 2014

    By Cameron French TORONTO (Reuters) - Canada's main stock index rebounded from last week's weakness and advanced on Monday as resource prices rose on concerns about … More »TSX climbs on resource price gains, …

    Miners push TSX up amid weather impacted housing data, interest rate forecasts

    By Cameron French TORONTO (Reuters) - Canada's main stock index rebounded from last week's weakness and advanced on Monday as resource prices rose on concerns about instability in Ukraine, while data showed a rebound U.S. retail sales in March. Five of the 10 main sectors on the Toronto stock market's benchmark index …

  • TSX clears Onex to buy back up to 8.6 … Reuters - Mon, 14 Apr, 2014

    (Reuters) - Private equity firm Onex Corp said the Toronto Stock Exchange had approved its program to buy back up to 8.6 million shares over the next 12 months. Onex … More »TSX clears Onex to buy back up to 8.6 …

    (Reuters) - Private equity firm Onex Corp said the Toronto Stock Exchange had approved its program to buy back up to 8.6 million shares over the next 12 months. Onex had spent about C$82.7 million as part of its current buyback program as of March 31. Onex, which manages about $19 billion in assets, has a market value …

  • A Bay St sign, a symbol of Canada's economic markets and where main financial institutions are located, is seen in Toronto
    TSX hits two-week low as U.S. selloff … Reuters - Fri, 11 Apr, 2014

    By John Tilak TORONTO (Reuters) - Canada's main stock index dropped on Friday to its lowest in two weeks after a prolonged slump in the U.S. technology and biotechnology … More »TSX hits two-week low as U.S. selloff …

    A Bay St sign, a symbol of Canada's economic markets and where main financial institutions are located, is seen in Toronto

    By John Tilak TORONTO (Reuters) - Canada's main stock index dropped on Friday to its lowest in two weeks after a prolonged slump in the U.S. technology and biotechnology sectors weighed on the appetite for equities and helped pull down shares in most major groups. The anxiety that some share prices might have run ahead …

  • A Bay St sign, a symbol of Canada's economic markets and where main financial institutions are located, is seen in Toronto
    TSX slumps as U.S. selloff darkens  … Reuters - Thu, 10 Apr, 2014

    By John Tilak TORONTO (Reuters) - Canada's main stock index dropped on Thursday as a selloff in U.S. technology and biotechnology stocks hit investor sentiment and fueled … More »TSX slumps as U.S. selloff darkens  …

    A Bay St sign, a symbol of Canada's economic markets and where main financial institutions are located, is seen in Toronto

    By John Tilak TORONTO (Reuters) - Canada's main stock index dropped on Thursday as a selloff in U.S. technology and biotechnology stocks hit investor sentiment and fueled declines in every major sector. The market brushed aside figures indicating the number of Americans filing new claims for unemployment benefits dropped …

  • A Bay St sign, a symbol of Canada's economic markets and where main financial institutions are located, is seen in Toronto
    TSX advances after Fed comments ease … Reuters - Wed, 9 Apr, 2014

    By John Tilak TORONTO (Reuters) - Canada's main stock index climbed on Wednesday after minutes from the Federal Reserve's latest meeting appeared to ease investor fears … More »TSX advances after Fed comments ease …

    A Bay St sign, a symbol of Canada's economic markets and where main financial institutions are located, is seen in Toronto

    By John Tilak TORONTO (Reuters) - Canada's main stock index climbed on Wednesday after minutes from the Federal Reserve's latest meeting appeared to ease investor fears of an aggressive roll-back of the U.S. central bank's stimulus program. The minutes suggested the Fed might not be in a rush to tighten monetary policy. …

  • A man walks past an electronic board displaying the midday TSX index in Toronto
    TSX climbs as rise in oil, gold prices … Reuters - Tue, 8 Apr, 2014

    By John Tilak TORONTO (Reuters) - Canada's main stock index rebounded on Tuesday after a surge in gold and oil prices drove up shares of natural resource companies and … More »TSX climbs as rise in oil, gold prices …

    A man walks past an electronic board displaying the midday TSX index in Toronto

    By John Tilak TORONTO (Reuters) - Canada's main stock index rebounded on Tuesday after a surge in gold and oil prices drove up shares of natural resource companies and helped boost investor sentiment after three straight sessions of declines. Also weighing on stocks have been concerns about the U.S. Federal Reserve's …

  • Toronto Stock Exchange logo is seen in Toronto
    TSX drops for third day as jitters gain … Reuters - Mon, 7 Apr, 2014

    Uncertainty about what the jobs figures would mean for Federal Reserve policy and the timing of any U.S. interest rate rise boosted market volatility, fueling a selloff … More »TSX drops for third day as jitters gain …

    Toronto Stock Exchange logo is seen in Toronto

    Uncertainty about what the jobs figures would mean for Federal Reserve policy and the timing of any U.S. interest rate rise boosted market volatility, fueling a selloff in U.S. stocks, and undermining the Canadian market, where insurers were hit hard for a second straight session. The S&P/TSX VIX index <.GSPVIXC>, which …

  • Push to lower prices amid grocery wars … The Canadian Press - Sun, 6 Apr, 2014
    Evelyn and Joyce

    TORONTO - The grocery price wars that have pushed a kilogram of bananas below the price of a chocolate bar may be good news for consumers' wallets, but those who watch the industry see a race to the bottom ...

  • TSX steady as banks slip, resources … Reuters - Fri, 4 Apr, 2014
    An electronic board displays the midday TSX index in Toronto

    By John Tilak TORONTO (Reuters) - Canada's main stock index was little changed on Friday as a decline in the financial sector after a U.S. jobs report helped offset strength in natural resource shares spurred by higher commodity prices. In Canada, twice as many jobs as expected were created in March and the unemployment …