Category: Financial

Five things to watch for in the Canadian business world in the coming week

Editor
Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Lululemon earnings Lululemon Athletica Inc. releases its fourth-quarter and full-year 2018 results on Wednesday. The Vancouver-based apparel company exceeded analysts expectations in the third quarter, due partially to a strong response to an Edmonton pilot of its first loyalty program. After Aeroplan Aimia Inc.... Read More

Most actively traded companies on the TSX

Editor
Most actively traded companies on the TSX
Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,089.33, down 155.26 points). Bombardier Inc. (TSX:BBD.B). Industrials. Down 10 cents, or 3.55 per cent, to $2.72 on 50.1 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care. Down 68 cents, or 5.32 per cent, to $12.10 on 20.4 million shares. Encana Corp. (TSX:ECA). Energy. Down 42 cents, or 4.26... Read More

Canada’s main stock index down sharply; loonie and crude futures lower

CanadianInvestor
Canada’s main stock index down sharply; loonie and crude futures lower
TORONTO — Canada’s main stock index is down sharply this morning, along with the major U.S. market benchmarks. The S&P/TSX composite index was at 16,102.51, down 142.08 points after 90 minutes of trading. That more than offsets a 77-point gain on Thursday. In New York, the Dow Jones industrial average was down 300.73 points at 25,661.78. The S&P 500 index was... Read More

BRP’s double-digit gains in Q4 profit, revenue due to strong wholesale sales

CanadianInvestor
BRP’s double-digit gains in Q4 profit, revenue due to strong wholesale sales
VALCOURT, Que. — BRP Inc. says its fourth-quarter revenue was up 22.8 per cent from a year earlier, beating analyst estimates and propelling the Quebec-based company’s three-month profit to $82.7 million. The maker of Ski-Doo snowmobiles, Can-Am wheeled vehicles, boats, outboard motors and other recreational products says its fourth-quarter profit amounted to 84 cents a share, up 23.5 per cent from a year earlier. Based... Read More

How to claim new climate action incentive and some oft-forgotten tax credits

CanadianInvestor
How to claim new climate action incentive and some oft-forgotten tax credits
VANCOUVER — Personal tax experts are reminding Canadians to claim all of the tax credits they may be eligible for when they file their income tax return this year including the new climate-related tax credit and other oft-forgotten deductions. The climate action incentive can be claimed by those who are 18 or older and resided in Saskatchewan, Manitoba, Ontario or... Read More

Most actively traded companies on the TSX

Editor
Most actively traded companies on the TSX
Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,167.56, down 20.54 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Down 19 cents, or 1.44 per cent, to $13.03 on 22.9 million shares. The Green Organic Dutchman Holdings. (TSX:TGOD). Health care. Down 41 cents, or 7.48 per cent, to $5.07 on 11.8 million shares. Manulife Financial Corp. (TSX:MFC).... Read More

EU fines Google 1.49 billion euros in advertising case

CanadianInvestor
EU fines Google 1.49 billion euros in advertising case
BRUSSELS — European Union regulators have hit Google with a 1.49 billion euro ($1.68 billion) fine for abusing its dominant role in online advertising. The EU’s competition commissioner, Margrethe Vestager, announced the results of the long-running probe of Google’s AdSense advertising business case at a news conference in Brussels on Wednesday. It’s the third time the commission has slapped Google... Read More

Most actively traded companies on the TSX

Editor
Most actively traded companies on the TSX
Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,188.10, down 63.27 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Down four cents, or 0.3 per cent, to $13.22 on 21.8 million shares. The Green Organic Dutchman Holdings. (TSX:TGOD). Health care. Up 38 cents, or 7.45 per cent, to $5.48 on 17.7 million shares. Hexo Corp. (TSX:HEXO). Health... Read More

Wells Fargo agrees to pay $800K in Schilling video game deal

CanadianInvestor
Wells Fargo agrees to pay $800K in Schilling video game deal
PROVIDENCE, R.I. — Wells Fargo Securities has agreed to pay an $800,000 civil penalty to settle a U.S. Securities and Exchange Commission lawsuit over Rhode Island’s failed $75 million deal with former Boston Red Sox pitcher Curt Schilling’s video game company. Wells Fargo and the SEC announced the proposed settlement in filings Monday with the U.S. District Court in Providence.... Read More

Most actively traded companies on the TSX

Editor
Most actively traded companies on the TSX
Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,251.37, up 111.02 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Up 43 cents, or 3.35 per cent, to $13.26 on 36.7 million shares. The Green Organic Dutchman Holdings. (TSX:TGOD). Health care. Up 54 cents, or 11.84 per cent, to $5.10 on 11.3 million shares. Hexo Corp. (TSX:HEXO).... Read More