Stock Market News

Toronto Stock Exchange logo is seen in Toronto

TSX jumps on Fed comments, China data

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 held its benchmark interest rate at 1 percent, as expected, but the central ba…

  • 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 …

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

    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 … More »Push to lower prices amid grocery wars …

    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 ...

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

    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 … More »TSX steady as banks slip, resources …

    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 …

  • Toronto Stock Exchange logo is seen in Toronto
    TSX retreats as investors brace for … Reuters - Thu, 3 Apr, 2014

    By John Tilak TORONTO (Reuters) - Canada's main stock index fell on Thursday as sluggish U.S. economic data increased investor anxiety ahead of an upcoming jobs report … More »TSX retreats as investors brace for …

    Toronto Stock Exchange logo is seen in Toronto

    By John Tilak TORONTO (Reuters) - Canada's main stock index fell on Thursday as sluggish U.S. economic data increased investor anxiety ahead of an upcoming jobs report and a drop in bullion hurt gold-mining shares. The Toronto market's weakness followed gains in each of the previous four sessions. It is up about …

  • A woman holds a Hudson's Bay shopping bag in front of the Hudson's Bay Company (HBC) flagship department store in Toronto
    Hudson's Bay to invest in online … Reuters - Thu, 3 Apr, 2014

    Canadian department store operator Hudson's Bay Co , which bought U.S. luxury chain Saks Inc last year, forecast weaker-than-expected 2014 earnings as it spends more … More »Hudson's Bay to invest in online …

    A woman holds a Hudson's Bay shopping bag in front of the Hudson's Bay Company (HBC) flagship department store in Toronto

    Canadian department store operator Hudson's Bay Co , which bought U.S. luxury chain Saks Inc last year, forecast weaker-than-expected 2014 earnings as it spends more to build up its online shopping sites. Hudson's Bay shares fell as much as 9 percent, making the stock one of the biggest losers on the Toronto Stock Exchange …

  • Toronto Stock Exchange logo is seen in Toronto
    U.S. data, gold miners lift TSX to near … Reuters - Wed, 2 Apr, 2014

    By John Tilak TORONTO (Reuters) - Canada's main stock index rose to a nearly six-year high on Wednesday, buoyed by U.S. economic data and a rally in shares of gold miners … More »U.S. data, gold miners lift TSX to near …

    Toronto Stock Exchange logo is seen in Toronto

    By John Tilak TORONTO (Reuters) - Canada's main stock index rose to a nearly six-year high on Wednesday, buoyed by U.S. economic data and a rally in shares of gold miners after the price of bullion advanced. Private-sector data showed U.S. companies picked up the pace of hiring in March, suggesting the effects of harsh …

  • Marrone, CEO of Yamana Gold Inc speaks at Denver Gold Forum industry conference in Denver
    Osisko strikes deal with Yamana to stymie … Reuters - Wed, 2 Apr, 2014

    By Euan Rocha, Allison Martell and Nicole Mordant TORONTO/VANCOUVER (Reuters) - Osisko Mining Corp said on Wednesday that Yamana Gold Inc would buy a 50 percent stake … More »Osisko strikes deal with Yamana to stymie …

    Marrone, CEO of Yamana Gold Inc speaks at Denver Gold Forum industry conference in Denver

    By Euan Rocha, Allison Martell and Nicole Mordant TORONTO/VANCOUVER (Reuters) - Osisko Mining Corp said on Wednesday that Yamana Gold Inc would buy a 50 percent stake in its mining and exploration assets for C$930 million ($843 million), a deal that potentially thwarts a hostile bid from Goldcorp Inc . The deal would …

  • A sign displaying TSX information is seen in Toronto
    TSX nears six-year high on U.S. data, … Reuters - Wed, 2 Apr, 2014

    By John Tilak TORONTO (Reuters) - Canada's main stock index touched its highest in nearly six years on Wednesday as positive U.S. economic data supported market sentiment … More »TSX nears six-year high on U.S. data, …

    A sign displaying TSX information is seen in Toronto

    By John Tilak TORONTO (Reuters) - Canada's main stock index touched its highest in nearly six years on Wednesday as positive U.S. economic data supported market sentiment and shares of gold miners jumped with the price of bullion. A report showed U.S. companies picked up the pace of hiring in March, suggesting the effects …

  • TORONTO (Reuters) - Canada's main stock index opened higher on Wednesday as positive U.S. economic data helped support gains in shares of financial and materials companies. The Toronto Stock Exchange's S&P/TSX composite index was up 38.91 points, or 0.27 percent, at 14,419.46 shortly after the open. (Reporting by …

  • U.S. data, Fed stance push TSX high … Reuters - Tue, 1 Apr, 2014
    People attend a market open ceremony for Toronto Stock Exchange at the TSX Broadcast Centre in Toronto

    By John Tilak TORONTO (Reuters) - Canada's main stock index climbed on Tuesday as positive U.S. economic data and the U.S. Federal Reserve's defense of its stimulative monetary policy buoyed investor sentiment. Figures showing a surge in U.S. factory activity in March came a day after Fed Chair Janet Yellen defended the …