Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (15,012.65 up 1.92 points). Bombardier Inc. (TSX:BBD.B). Down 16 cents, or 6.67 per cent, to $2.24 on 27.1 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care. Down 49 cents, or 6.13 per cent, to $7.51 on 9.8 million shares. Manulife Financial Corp. (TSX:MFC). Financials. Up 32 cents, or 1.48 per cent,... Read More

Markets rise as tech and consumer sectors point to start of good shopping season

Markets rise as tech and consumer sectors point to start of good shopping season
TORONTO — North American stock markets started the week higher as the technology and consumer discretionary sectors rose on signs of a good start to the holiday shopping season. The S&P/TSX composite index closed up 1.92 points at 15,012.65. In New York, the Dow Jones industrial average rose 354.29 points to 24,640.24. The S&P 500 index was up 40.89 points at... Read More

Second Cup franchisees file lawsuit against coffee chain over debt, ad fund

Second Cup franchisees file lawsuit against coffee chain over debt, ad fund
MONTREAL — A group of current and past Second Cup Ltd. franchisees has filed a lawsuit against the Canadian coffee chain. The suit filed earlier this month in the Superior Court of Quebec alleges the company misused a franchisee-funded advertising reserve and forced franchisees to acquire debt to fund equipment that failed to boost sales — among other things. None of the claims have... Read More

Venezuela holds onto prized US refineries amid legal battle

Venezuela holds onto prized US refineries amid legal battle
CARACAS, Venezuela — Venezuela will hold onto its U.S.-based Citgo refineries, settling a lawsuit that threw ownership of the struggling country’s prized assets into peril. Court papers show that Venezuela on Friday began paying off $1.4 billion that a panel said was owed to the Canadian mining firm Crystallex, following a disputed takeover of the company by the late-President Hugo... Read More

Subscribe Technologies Upgrading Lendertech With Peer To Peer Lending Service And Integrating Platform Into Gingerly Marketplace

Subscribe Technologies Upgrading Lendertech With Peer To Peer Lending Service And Integrating Platform Into Gingerly Marketplace
VANCOUVER – Subscribe Technologies Inc. (CSE: SAAS, OTCQB: SRBBF, Frankfurt: 6GQ) is pleased to announce it is upgrading the Company’s Lendertech financial technology platform with financial service auction and matchmaking features and has begun the initial phase of integrating the technology with the Company’s flagship Gingerly small business software application marketplace. LenderTech facilitates greater and broader access to capital for... Read More

Toronto stocks higher as energy sector gains ground amid higher oil prices

Toronto stocks higher as energy sector gains ground amid higher oil prices
TORONTO — Canada’s main stock index was higher in late-morning trading as the energy sector headed up amid rising oil prices, while U.S. stocks also gained ground. The S&P/TSX composite index was up 67.97 points at 15,078.70. In New York, the Dow Jones industrial average was up 343.58 points at 24,629.53. The S&P 500 index was up 33.55 points at... Read More

Shopify acquires Swedish e-commerce company Tictail for undisclosed amount

Shopify acquires Swedish e-commerce company Tictail for undisclosed amount
OTTAWA — Shopify Inc. says it has acquired Swedish e-commerce company Tictail. Terms of the deal were not immediately available. Like Shopify, Tictail aims to bring trendy products to the marketplace by helping businesses create an online presence. Tictail was founded in 2012 by four friends, including one who wanted to create the company after he watched his mother struggle to build an online shop... Read More

Emera selling three natural gas power plants in New England for $780M

Emera selling three natural gas power plants in New England for $780M
HALIFAX — Emera Inc. has signed a deal to sell its three natural gas-fired power plants in New England to an affiliate of the Carlyle Group for $780 million. The Nova Scotia-based company says proceeds from the sale will be used to reduce debt and for capital investment. Emera CEO Scott Balfour says the deal, worth US$590 million, increases the... Read More