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: Recipe Unlimited earnings Recipe Unlimited Corp. reports its third-quarter results on Monday. The company — which owns a wide range of restaurant brands including Swiss Chalet, Harvey’s, East Side Mario’s, Kelseys and Milestones — reported lower second-quarter sales and profit in August due to a... Read More

TMX Group reports record revenue, net earnings of $61.7 million in third quarter

CanadianInvestor
TMX Group reports record revenue, net earnings of $61.7 million in third quarter
TORONTO — TMX Group Ltd. says earnings edged up in the third quarter as it hit record revenue for the period. The owner of the Toronto Stock Exchange says it earned $61.7 million, or $1.9 per diluted share, for the three months ending Sept. 30, up from $57.5 million, or $1.02 per share, for the same stretch last year. Adjusted earnings were $1.25... Read More

Most actively traded companies on the TSX

Editor
Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,805.75 , up 60.11 points.) Kinross Gold Corp. (TSX:K). Materials. Down 80 cents, or 12.6 per cent, to $5.55 on 10.7 million shares Manulife Financial Corp. (TSX:MFC). Financials. Up 31 cents, or 1.22 per cent, to $25.78 on 8.9 million shares. Katanga Mining Ltd. (TSX:KAT). Materials.... Read More

Early Gen-Xers are coming of age to begin collecting seniors discounts

CanadianInvestor
Early Gen-Xers are coming of age to begin collecting seniors discounts
TORONTO — Early Gen-Xers may find it uncomfortable to admit, but they have joined their parents in being old enough to claim senior discounts. The eldest members of the cohort born between 1965 and 1979 can save money by targeting their spending. While most retailers only offer discounts to Canadians that reach the traditional age of retirement, some give customers a... Read More

Most actively traded companies on the TSX

Editor
Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,745.64, up 63.72 points.) Encana Corp. (TSX:ECA). Energy. Down 20 cents, or 3.15 per cent, to $6.15 on 15.7 million shares. Semafo Inc. (TSX:SMF). Materials. Down 44 cents or 11.2 per cent to $3.49 on 7.5 million shares. Manulife Financial Corp. (TSX:MFC). Financials. Up 22 cents,... Read More

Stocks move higher in Toronto as financials, industrials and materials rise

CanadianInvestor
Stocks move higher in Toronto as financials, industrials and materials rise
TORONTO — The heavyweight financial, industrial and materials sectors helped lift Canada’s main stock index higher in late-morning trading, while energy stocks lost ground. The S&P/TSX composite index was up 64.34 points at 16,746.26, In New York, the Dow Jones industrial average was up 3.30 points at 27,495.93. The S&P 500 index was down 0.94 points at 3,073.68, while the... Read More

TSX inches higher despite most Canadian companies missing expectations

CanadianInvestor
TSX inches higher despite most Canadian companies missing expectations
TORONTO — Canada’s main stock index edged higher despite most corporate earnings missing expectations so far this quarter. The S&P/TSX composite index closed up 12.11 points at 16,681.92 on growth in the energy sector. In New York, the Dow Jones industrial average was up 30.52 points at 27,492.63. The S&P 500 index was down 3.65 points at 3,074.62, while the Nasdaq composite... Read More

Most actively traded companies on the TSX

Editor
Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,669.81, up 75.74 points). Bombardier Inc. (TSX:BBD.B). Industrials. Up 14 cents, or 7.73 per cent, to $1.95 on 13.1 million shares. Encana Corp. (TSX:ECA). Energy. Up 43 cents, or 7.9 per cent, to $5.87 on 13.1 million shares. Manulife Financial Corp. (TSX:MFC). Financials. Up 30... Read More

Positive sentiment pushes TSX higher and U.S. stock markets to record highs

CanadianInvestor
Positive sentiment pushes TSX higher and U.S. stock markets to record highs
TORONTO — North American stock markets started the week stronger with U.S. markets hitting all-time highs on positive sentiment that could bode well for the rest of the year. The S&P/TSX composite index closed up 75.74 points to 16,669.81, its highest closing in more than a month, as energy stocks climbed. In New York, the Dow Jones industrial average was up... Read More

Energy sector helps lift stocks in Toronto, U.S. stock markets rally

CanadianInvestor
Energy sector helps lift stocks in Toronto, U.S. stock markets rally
TORONTO — Canada’s main stock index was up in late-morning trading, helped by gains in the energy sector as the price of oil headed higher. The S&P/TSX composite index was up 64.10 points at 16,658.17. In New York, the Dow Jones industrial average was up 136.22 points at 27,483.58. The S&P 500 index was up 14.10 points at 3,081.01, while... Read More