Most actively traded companies on the TSX

Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,644.99, up 130.55 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 21 cents, or one per cent, to $21.14 on 12.9 million shares. Air Canada (TSX:AC). Industrials. Unchanged at $17.60 on 4.9 million shares. Barrick Gold Corp. (TSX:ABX). Materials. Down 30 cents, or 0.78 per cent, to... Read More

Technology sector propels stock markets to positive start to September

Technology sector propels stock markets to positive start to September
TORONTO — The technology sector propelled North American stock markets to a positive start to September with Shopify Inc. hitting a record high on the TSX. The S&P/TSX composite index closed up 130.55 points at 16,644.99. In New York, the Dow Jones industrial average was up 215.61 points at 28,645.66. The S&P 500 index was up 26.34 points to a record close of 3,526.65, while the Nasdaq composite... Read More

15 years later, Walmart to launch its answer to Amazon Prime

15 years later, Walmart to launch its answer to Amazon Prime
NEW YORK — Walmart is launching a new membership service that it hopes can compete with Amazon Prime. Called Walmart+, it will cost $98 a year, or $12.95 a month, and give members same-day delivery on 160,000 items, a fuel discount at certain gas stations and a chance to check out at Walmart stores without having to wait at a... Read More

Canadians filed more than 8,000 complaints about airlines to agency since March

Canadians filed more than 8,000 complaints about airlines to agency since March
The Canadian Transportation Agency says it has received more than 8,000 complaints about airlines since mid-March, an unprecedented figure for the five-and-a-half-month period. The total exceeds the number of complaints from all of 2018-19 and comes amid a prolonged customer backlash over a move by airlines to offer flight credit rather than refunds for most trips cancelled due to the COVID-19 pandemic.... Read More

Technology and energy sectors power gains in Toronto, U.S. stocks also advance

Technology and energy sectors power gains in Toronto, U.S. stocks also advance
TORONTO — Gains in the technology and energy sectors helped Canada’s main stock index climb higher in late-morning trading, while U.S. stock markets also advanced. The S&P/TSX composite index was up 58.78 points at 16,573.22. In New York, the Dow Jones industrial average was up 66.12 points at 28,496.17. The S&P 500 index was up 10.55 points at 3,510.86, while... Read More

S&P/TSX composite creeps higher, U.S. stock markets mixed; Loonie edges down

S&P/TSX composite creeps higher, U.S. stock markets mixed; Loonie edges down
TORONTO — Canada’s main stock index edged higher in early trading, helped by gains in the materials and technology sectors. The S&P/TSX composite index was up 9.58 points at 16,524.02. In New York, the Dow Jones industrial average was down 59.99 points 28,370.06. The S&P 500 index was up 0.44 of a point at 3,500.75, while the Nasdaq composite was... Read More

Survey: US factories grow in August for third straight month

Survey: US factories grow in August for third straight month
WASHINGTON — American factories expanded last month at the fastest pace since late 2018, continuing a rebound from the coronavirus recession. The Institute for Supply Management, an association of purchasing managers, reported Tuesday that its manufacturing index climbed to 56 in August from 54.2 in July, highest since November 2018. Anything above 50 signals growth, and U.S. manufacturing has been... Read More

September rent due as small businesses face holes in government support

September rent due as small businesses face holes in government support
TORONTO — With rent coming due for another month, Ginger Robertson’s daily walk through Toronto’s Danforth neighbourhood is increasingly filled with empty storefronts. Robertson says that government programs have so far stopped short of helping her pay the bills for two restaurants she co-owns, The Edmund Burke and Off The Hook. While both venues have reopened, they are running at about half... Read More

Crescent Point raises production guidance as shut-in production restarts

Crescent Point raises production guidance as shut-in production restarts
CALGARY — Crescent Point Energy Corp. raised its production guidance for the year as it said it restarted production that was shut in when energy prices crashed due to the pandemic. The company says annual average production guidance is now forecast to be between 119,000 to 121,000 barrels of oil equivalent per day. The guidance is up from its earlier forecast... Read More

Former Bank of Canada deputy governor Lynn Patterson joins Scotiabank board

Former Bank of Canada deputy governor Lynn Patterson joins Scotiabank board
TORONTO — Scotiabank says former Bank of Canada deputy governor Lynn Patterson has been appointed to its board of directors. Patterson served as a deputy governor at the central bank from 2014 until her retirement in 2019. She was one of two deputy governors responsible for overseeing the Bank of Canada’s analysis and activities promoting a stable and efficient financial... Read More