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 (15,378.62, up 12.57 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Up 53 cents, or 5.97 per cent, to $9.41 on 22.7 million shares. Nighthawk Gold Corp. (TSX:NHK). Materials. Up four cents, or 10.67 per cent, to 41.5 cents on 11.6 million shares. The Green Organic Dutchman Holdings. (TSX:TGOD).... Read More

Late rally pushes TSX higher despite lower crude and warning from SNC-Lavalin

Late rally pushes TSX higher despite lower crude and warning from SNC-Lavalin
TORONTO — Canada’s main stock market ended in positive territory even though lower oil prices pulled down the energy sector and industrials fell on an earnings warning from SNC-Lavalin Inc. The S&P/TSX composite index closed up 12.57 points at 15,378.62. In New York, the Dow Jones industrial average was down 208.98 points at 24,528.22. The S&P 500 index was down 20.91 points... Read More

Facebook tightens EU political ad rules ahead of election

Facebook tightens EU political ad rules ahead of election
LONDON — Facebook said Monday it is tightening requirements for political ads in the European Union ahead of bloc-wide elections scheduled for the spring, its latest effort to fight misinformation and increase transparency on its platforms. The social media giant said that starting in late March, political ad buyers will need to have their identities confirmed before placing ads. Each... Read More

Caterpillar stumbles; China’s slowing growth begins to show

Caterpillar stumbles; China’s slowing growth begins to show
DEERFIELD, Ill. — Caterpillar fell well short of fourth-quarter profit expectations and the machine maker said that sales have begun to slow in China. Shares of the company, considered an economic bellwether, tumbled 10 per cent Monday, the worst sell-off in more than seven years. The Dow slid 400 points. It’s a meagre beginning to a rush of corporate earnings... Read More

Oilpatch financial results expected to reflect extreme Q4 oil price volatility

Oilpatch financial results expected to reflect extreme Q4 oil price volatility
CALGARY — Financial analysts say fourth-quarter results from Canada’s biggest oil and gas companies will likely feature some surprises, as well as revisions to forward plans, given extreme volatility in commodity prices in the last three months of 2018. The parade of results and conference calls begins Friday with Imperial Oil Ltd. and continues next Tuesday with Suncor Energy Inc. During... Read More

E-scooters, bikes and alcohol delivery part of Uber Canada’s plans for 2019

E-scooters, bikes and alcohol delivery part of Uber Canada’s plans for 2019
TORONTO — Bikes, booze and e-scooters are part of Uber Canada’s plan for the country in 2019. Managers from the U.S. tech giant’s Canadian arm say they are exploring expanding alcohol delivery to provinces beyond B.C., where the service was launched last year. Dan Park, the head of Uber Eats Canada, says Ontario and Quebec are markets the company is... Read More

Organigram’s Q1 net revenue gets boost from recreational pot sales

Organigram’s Q1 net revenue gets boost from recreational pot sales
MONCTON, N.B. — Licensed cannabis producer Organigram Holdings Inc. says net revenue in its latest quarter hit $12.4 million, up from $2.4 million from a year earlier, due to the launch of recreational pot sales in October. Organigram says its sales during the three-month period ended Nov. 30 marked a record quarterly high and amounted to more than what the company has historically sold to medical... Read More

Energy sector weighs on Toronto stock market as oil moves down, U.S. stocks fall

Energy sector weighs on Toronto stock market as oil moves down, U.S. stocks fall
TORONTO — Canada’s main stock index fell in late-morning trading as the energy sector was weighed down amid lower prices for oil and natural gas. The S&P/TSX composite index was down 23.35 points at 15,342.70. In New York, the Dow Jones industrial average was down 307.69 points at 24,429.51. The S&P 500 index was down 28.33 points at 2,636.43, while... Read More

Remind.com claims partial victory after Bell agrees to restore lower fee

Remind.com claims partial victory after Bell agrees to restore lower fee
TORONTO — Remind.com is claiming a partial victory after waging a social media campaign designed to persuade Rogers and Bell to reverse a fee increase that indirectly affected a free two-way texting service for teachers, students and parents. The San Francisco-based company had warned it wouldn’t be able to provide the free texting version of its service to its Canadian... Read More

Aben Resources: preparing for a busy 2019 exploration season

Aben Resources: preparing for a busy 2019 exploration season
VANCOUVER – After two very successful exploration programs in 2017 and 2018, Aben Resources’ 2019 exploration season is fully funded with high-grade targets ready to go on two separate projects: the Justin Project in Yukon and the Forrest Kerr Project in British Columbia. James G. Pettit, Director, President & C.E.O. of Aben Resources Ltd. provided Canadian Investor... Read More