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 (16,480.53, up 81.06 points). Encana Corp. (TSX:ECA). Energy. Up 51 cents, or 5.33 per cent, to $10.08 on 11.5 million shares. Crescent Point Energy Corp. (TSX:CPG). Energy. Up 28 cents, or 5.22 per cent, to $5.64 on 10.7 million shares. Baytex Energy Corp. (TSX:BTE). Energy. Up six cents, or 2.11... Read More

TSX hits new high for 2019 as market rises on support from energy and financials

TSX hits new high for 2019 as market rises on support from energy and financials
TORONTO — Canada’s main stock index set another 2019 high on gains by the energy sector and a strong start to first-quarter results. The S&P/TSX composite index closed up 81.06 points at 16,480.53, after reaching 16,487.14 shortly after the open. In New York, the Dow Jones industrial average was up 269.25 points at 26,412.30. The S&P 500 index was up 19.09 points at 2,907.41, while... Read More

Air Canada CEO’s compensation jumps 28% to $11.5 million after record revenues

Air Canada CEO’s compensation jumps 28% to $11.5 million after record revenues
MONTREAL — Air Canada chief executive Calin Rovinescu enjoyed a leap in total compensation to $11.5 million last year, up 28 per cent from $9 million in 2017. Total compensation for the carrier’s top six executives reached $24.9 million in 2018, a 24 per cent jump from $20.1 million the year before, according to the proxy circular ahead of Air Canada’s May... Read More

Canada’s main stock index up moderately, still near 2019 high; loonie advances

Canada’s main stock index up moderately, still near 2019 high; loonie advances
TORONTO — Canada’s main stock index set another 2019 high this morning before easing back on its advance. The S&P/TSX composite index was up 45.61 points at 16,445.08 after 90 minutes of trading. It had set an intraday high of 16,487.14 shortly after the open, with the previous 2019 high of 16,471.82 set on Thursday In New York, the Dow Jones industrial average... Read More

Canopy becomes first pot stock to join S&P/TSX 60 index, replacing Goldcorp

Canopy becomes first pot stock to join S&P/TSX 60 index, replacing Goldcorp
TORONTO — Canopy Growth Corp. will soon join the S&P/TSX 60, making it the first cannabis company to be added to the index of Canada’s large-cap stocks. S&P Dow Jones Indices says Canopy’s stock will replace Goldcorp Inc. and the change will take effect before trading on April 18. Goldcorp is set to be delisted once its merger with Newmont Mining Corp. is complete, and... Read More

China exports rise in March, rebounding from slump

China exports rise in March, rebounding from slump
BEIJING — China’s exports rebounded from a contraction in March and sales to the United States grew strongly despite President Donald Trump’s tariff hikes. Customs data on Friday showed exports rose 14.2% over a year ago to $198.7 billion, recovering from February’s 20.8% contraction. Imports fell 7.6% to $166 billion, decelerating from the previous month’s 5.2% decline. A government spokesman... Read More

Disney unveils new streaming service to debut late this year

Disney unveils new streaming service to debut late this year
SAN FRANCISCO — Disney raised the curtain on a hotly anticipated video steaming service that’s aiming to topple industry pioneer Netflix, once a valuable ally of the Magic Kingdom. The service, called Disney Plus, has been in the works for more than year, but Thursday marked the first time that the longtime entertainment powerhouse has laid out plans for its... Read More