Day: 20 November 2020

Most actively traded companies on the Toronto Stock Exchange

Editor
Most actively traded companies on the Toronto Stock Exchange
  TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (17,019.10, up 109.29 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up 4.5 cents, or 13.24 per cent, to 38.5 cents on 29.4 million shares. Manulife Financial Corp. (TSX:MFC). Financials. Down 25 cents, or 1.15 per cent, to $21.50 on 22.4 million shares. Suncor... Read More

S&P/TSX composite reaches to within five per cent of record high; U.S. markets fall

CanadianInvestor
S&P/TSX composite reaches to within five per cent of record high; U.S. markets fall
  TORONTO — Canada’s main stock index moved to within about five percentage points of its record high Friday on a broad-based rally involving technologies along with cyclical sectors like materials and energy. The S&P/TSX composite index closed up 109.29 points to 17.019.10. The intraday high of 17,048.87 was less than 1,000 points from the peak reached in February. Overall,... Read More

Ninepoint Partners Launches new ETF Series on four Mutual Funds

Editor
Ninepoint Partners Launches new ETF Series on four Mutual Funds
  TORONTO – Ninepoint Partners LP announced the launch of ETF series securities on four of its Funds: Ninepoint Diversified Bond Fund (NEO: NBND), Ninepoint High Interest Savings Fund (NEO: NSAV), Ninepoint Gold and Precious Minerals Fund (NEO: GLDE) and Ninepoint Silver Equities Class (NEO: SLVE). “We are excited to offer an ETF series for some of our most popular... Read More

MetalCorp Announces Earn-In Agreement with Barrick Gold on MetalCorp’s Hemlo East Property

Editor
MetalCorp Announces Earn-In Agreement with Barrick Gold on MetalCorp’s Hemlo East Property
THUNDER BAY – MetalCorp Limited (TSXV – MTC) has announced that it has entered into an earn-in agreement with Barrick Gold Inc. a wholly-owned subsidiary of Barrick Gold Corporation, relating to MetalCorp’s Hemlo East gold property located about 350 kilometers east of Thunder Bay, Ontario.   Barrick is currently operating the Williams and David Bell Gold Mines which are adjacent to the... Read More

Penguin Random House calls on Ontario premier to designate bookstores as essential

CanadianInvestor
Penguin Random House calls on Ontario premier to designate bookstores as essential
  TORONTO — Penguin Random House Canada is calling on the Ontario government to designate bookstores as an essential service. The publisher’s chief executive Kristin Cochrane says in a letter sent to Ontario Premier Doug Ford that bookstores should be made essential because they provide critical information, entertainment and educational resources that are important for mental health and communities. She... Read More

Canada Post Group of Companies reports $216-million pre-tax Q3 loss

CanadianInvestor
Canada Post Group of Companies reports $216-million pre-tax Q3 loss
  OTTAWA — The Canada Post Group of Companies is reporting a third-quarter pre-tax loss of $216 million, as increased revenue from parcel shipping failed to compensate for higher pandemic-related costs and a slowdown in its Canada Post segment. The company said Friday the result for the quarter compared with a loss before tax of $87 million in the same... Read More

‘Less is more:’ Restaurants pandemic-proofing menus to survive the second wave

CanadianInvestor
‘Less is more:’ Restaurants pandemic-proofing menus to survive the second wave
  HALIFAX — The menu at the Stubborn Goat Gastropub in downtown Halifax will always have a classic burger and gourmet mac n’ cheese. But the slightly more eccentric dishes, peppered with unique ingredients, might be harder to come by these days. “We reduced the size of our menus right across the board,” says Joe McGuinness, co-owner of Legendary Hospitality,... Read More

Lululemon Athletica names Meghan Frank as chief financial officer

CanadianInvestor
Lululemon Athletica names Meghan Frank as chief financial officer
  VANCOUVER — Lululemon Athletica Inc. announced the promotion of Meghan Frank to the post of chief financial officer. Lululemon says Frank will become the company’s first female CFO when she takes over the job officially on Monday. Frank joined Lululemon in 2016 as senior vice-president of financial planning and analysis. She has served as interim co-CFO since April when... Read More

U.S. move, board replacements, urged for Vancouver junior miner Midas Gold Corp.

CanadianInvestor
U.S. move, board replacements, urged for Vancouver junior miner Midas Gold Corp.
  VANCOUVER — A New York-based fund manager holding 44.1 per cent of the shares of Vancouver-based Midas Gold Corp. says the junior miner should be redomiciled from Canada to the United States and all five of the independent directors on its eight-person board be replaced. Paulson & Co. Inc. says in a news release and letter to employees it... Read More