Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,484.55, up 21.41 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Down one cent, or 0.11 per cent, to $9.08 on 12.2 million shares. The Green Organic Dutchman Holdings. (TSX:TGOD). Health care. Down 19 cents, or 5.03 per cent, to $3.59 on 6.6 million shares. Barrick Gold Corp. (TSX:ABX). Materials. Down... Read More

Undisclosed company wins POT stock ticker lottery, says TMX Group

Undisclosed company wins POT stock ticker lottery, says TMX Group
TORONTO — The POT stock ticker has been allocated by random lottery to a publicly listed company, but Canada’s largest stock exchange operator is not naming the company or the industry of the winner of the coveted symbol. Roughly 40 eligible ballots were submitted to participating exchanges — the Toronto Stock Exchange, the TSX Venture Exchange, the Canadian Securities Exchange... Read More

Global markets get a boost from more dovish talk from the U.S. Federal Reserve

Global markets get a boost from more dovish talk from the U.S. Federal Reserve
TORONTO — Global markets got a boost from strong U.S. corporate earnings, hopes for a Chinese trade deal and the U.S. Federal Reserve voicing an even more dovish approach to interest rate hikes. The S&P/TSX composite index closed up 21.41 points to 15,484.55. In New York, the Dow Jones industrial average was up 434.90 points to 25,014.86. The S&P 500 index was... Read More

Two Canadian engineering giants are headed in starkly different directions

Two Canadian engineering giants are headed in starkly different directions
MONTREAL — Quebec’s two largest engineering firms find themselves in very different places in early 2019, as one fights to retain a toehold in a crucial Middle Eastern market while the other grows by leaps and bounds. SNC-Lavalin Group Inc. saw its stock tumble more than 27 per cent on Monday after it said that ongoing diplomatic tensions between Canada... Read More

Amazon buys ‘Brittany Runs a Marathon’ at Sundance for $14M

Amazon buys ‘Brittany Runs a Marathon’ at Sundance for $14M
PARK CITY, Utah — In its third major buy of the Sundance Film Festival, Amazon Studios has acquired the world rights for the inspirational comedy “Brittany Runs a Marathon ” for $14 million. Deadline first reported the news of the acquisition Wednesday. The film stars Jillian Bell as an aimless 20-something who decides to start getting her life together and... Read More

Energy sector weighs on Toronto stocks, while U.S. stocks surge higher

Energy sector weighs on Toronto stocks, while U.S. stocks surge higher
TORONTO — Canada’s main stock index crept lower in late-morning trading despite gains in the energy sector amid stronger oil prices. The S&P/TSX composite index was down 14.01 points at 15,449.13. In New York, the Dow Jones industrial average was up 341.55 points at 24,921.51. The S&P 500 index was up 20.83 points at 2,660.83, while the Nasdaq composite was up 68.96... Read More

Husky resumes oil production off Newfoundland following November spill

Husky resumes oil production off Newfoundland following November spill
ST. JOHN’S, N.L. — Husky is resuming oil production work off Newfoundland, two months after operations were suspended following a spill of about 250,000 litres. The Canada-Newfoundland Offshore Petroleum Board gave Husky’s plan to plug the failed flowline connector its seal of approval this week, along with several conditions. Production began to restart on Wednesday at a section of the White Rose oil field... Read More

Amazon embroiled in Ontario labour relations board complaint over couriers

Amazon embroiled in Ontario labour relations board complaint over couriers
TORONTO — A union representing Ontario couriers delivering packages for Amazon.com Inc. are alleging the e-commerce giant engaged in unfair labour practices that resulted in the termination of employees, the closure of one courier company’s Mississauga operations and the bankruptcy of another. In a series of applications filed with the Ontario Labour Relations Board in July initially reported on by The Logic, the United Food... Read More

Subscribe Technologies to Launch Webinar Ignition Lite

Subscribe Technologies to Launch Webinar Ignition Lite
VANCOUVER – Subscribe Technologies Inc. (CSE: SAAS, OTCQB: SRBBF, Frankfurt: 6GQ) has announced the Company is developing WebinarIgnition LITE to be added to the WordPress Plugin Directory. WebinarIgnition is a fully developed, 100% owned website plugin for WordPress, enabling users to easily setup and charge viewers for watching videos and webinar presentations. The company says that releasing a Lite version... Read More

CGI Group reports $311.5M Q1 profit, up from $285.3M a year earlier

CGI Group reports $311.5M Q1 profit, up from $285.3M a year earlier
MONTREAL — CGI Group Inc. reported a profit of $311.5 million in its latest quarter, up from $285.3 million in the same quarter a year earlier. The results came ahead of the company’s annual meeting later today. The technology and business consulting firm says the profit amounted to $1.11 per diluted share for the quarter ended Dec. 31, up from... Read More