Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (14,426.62 up 213.87 points). ClearStream Energy Services Inc. (TSX:CSM). Energy. Up four cents, or 114.3 per cent, to 7.5 cents on 12.6 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Up seven cents, or 3.26 per cent to $2.22 on 10.8 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care. Up 11... Read More

Markets end wild first week of the year with strong rebound on positive news

Markets end wild first week of the year with strong rebound on positive news
TORONTO — North American stock markets ended a wild first trading week of the year by rebounding strongly Friday on positive trade, employment and interest rate news and a further boost in the price of oil. A day after plummeting on concerns about Chinese growth, markets recovered on improved sentiment as the U.S. and China are set to resume trade talks, U.S.... Read More

Plunging Calgary office values linked to high oil and gas unemployment rate

Plunging Calgary office values linked to high oil and gas unemployment rate
CALGARY — A commercial realtor says a 32 per cent decline in Calgary’s downtown office building property assessment this year will likely translate into lower costs for some tenants, but he doesn’t expect much improvement in the vacancy rate. Greg Kwong, Alberta managing director for realtor CBRE, says companies will have to start replacing the thousands of energy industry workers laid... Read More

Stocks pull a U-turn and soar after jobs report, trade talks

Stocks pull a U-turn and soar after jobs report, trade talks
NEW YORK — Global stocks are soaring Friday and reversing the big losses they suffered just a day earlier. The Dow Jones Industrial Average soared nearly 800 points in the latest twist in a wild three months for markets. Hopes for progress in the U.S.-China trade dispute, a strong report on the U.S. jobs market and comments from the head... Read More

Here’s a quick glance at unemployment rates for December, by province

Here’s a quick glance at unemployment rates for December, by province
OTTAWA — Canada’s national unemployment rate was 5.6 per cent in December. Here are the jobless rates last month by province (numbers from the previous month in brackets): — Newfoundland and Labrador 11.7 per cent (12.2) — Prince Edward Island 9.6 (8.5) — Nova Scotia 7.1 (7.0) — New Brunswick 8.4 (7.9) — Quebec 5.5 (5.4) — Ontario 5.4 (5.6) — Manitoba 6.0 (5.7) — Saskatchewan 5.6 (5.5) — Alberta 6.4 (6.3) — British Columbia 4.4 (4.4) The Canadian... Read More

HBC stock climbs after exec purchases about 18 million of the retailer’s shares

HBC stock climbs after exec purchases about 18 million of the retailer’s shares
TORONTO — Hudson’s Bay Co.’s stock is up about 12 per cent after an entity controlled by HBC executive chairman Richard Baker announced it picked up another eight per cent stake in the department store company. Baker and his Rupert of the Rhine LLC say they have acquired almost 18 million shares from a subsidiary of the Ontario Teachers’ Pension Plan Board... Read More

Fewer affected in Marriott hack, but passports a red flag

Fewer affected in Marriott hack, but passports a red flag
BETHESDA, Md. — Fewer Marriott guest records than previously feared were compromised in a massive data breach, but the largest hotel chain in the world confirmed Friday that approximately 5.25 million unencrypted passport numbers were accessed. The compromise of those passport numbers has raised alarms among security experts because of their value to state intelligence agencies. The FBI is leading... Read More

German politicians’ data posted online, govt probes source

German politicians’ data posted online, govt probes source
BERLIN — Personal data and documents on hundreds of German politicians and others have been posted online, and German cyber-defence experts were trying to figure out Friday how the information was obtained. The data breach hit politicians at all levels, including the European, German and state parliaments as well as those on city governments, said Martina Fietz, a spokeswoman for... Read More

Canada’s two major railways well-poised for trade headwinds in 2019: analysts

Canada’s two major railways well-poised for trade headwinds in 2019: analysts
MONTREAL — Canada’s two major railways are well-positioned to weather potential economic headwinds and the U.S.-China trade war, analysts say, as ongoing investments in new cars and track bolster crude-by-rail and commodities shipments. Canadian National Railway Co. and Canadian Pacific Railway Ltd. shipped 23 per cent more oil and petroleum in 2018 to drive a four per cent increase in... Read More

Stock markets surge higher following news of U.S.-China trade talks

Stock markets surge higher following news of U.S.-China trade talks
TORONTO — North American stock markets surged higher in late-morning trading following news of trade talks between the U.S. and China set for next week. The S&P/TSX composite index was up 190.79 points at 14,403.54. In New York, the Dow Jones industrial average was up 680.15 points at 23,366.37. The S&P 500 index was up 76.76 points at 2,524.65, while the Nasdaq... Read More