Category: Financial

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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (15,912.26, up 95.15 points.) Just Energy Group Inc. (TSX:JE). Energy. Up 39.5 cents, or 114.49 per cent, to 74 cents on 49.5 million shares. Kinross Gold Corp. (TSX:K). Materials. Up 79 cents, or 7.18 per cent, to $11.79 on 10.6 million shares.... Read More

Airlines demand ‘concrete plan’ for financial aid following throne speech

CanadianInvestor
Airlines demand ‘concrete plan’ for financial aid following throne speech
OTTAWA — Canada’s flight industry is taking some heart in signals from the throne speech that federal financial help is on the way but wants to see quick, clear action to support the sector, which has been devastated by the COVID-19 pandemic. The government’s speech from the throne Wednesday pledged “further support for industries that have been the hardest hit,... Read More

CI Financial growing wealth management business with minority stake in Assante Dorval

CanadianInvestor
CI Financial growing wealth management business with minority stake in Assante Dorval
TORONTO — CI Financial Corp. and its Assante Wealth Management (Canada) Ltd. subsidiary have signed a deal to acquire a minority share in Assante’s operation in Dorval, Que. The companies say it’s the first direct equity investment in a regional or local operation for Assante, as the offices are typically owned by an adviser or adviser team. Financial terms of... Read More

BlackBerry reports second-quarter loss, revenue up from year ago

CanadianInvestor
BlackBerry reports second-quarter loss, revenue up from year ago
WATERLOO, Ont. — BlackBerry Ltd. reported a loss of US$23 million in its latest quarter as its revenue grew six per cent compared with a year ago. The security software and services company, which keeps its books in U.S. dollars, says the loss amounted to four cents per diluted share for the quarter ended Aug. 31. The result compared with... Read More

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 Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,817.11, down 325.78 points.) Canadian Natural Resources (TSX:CNQ). Down 66 cents, or 2.92 per cent, to $21.94 on 11.4 million shares. Just Energy Group Inc. (TSX:JE). Energy. Down 14 cents, or 28.87 per cent, to 34.5 cents on 10.9 million shares. Bombardier... Read More

S&P/TSX composite closes down as gold price sinks to lowest level in two months

CanadianInvestor
S&P/TSX composite closes down as gold price sinks to lowest level in two months
TORONTO — Canada’s main stock index sank midweek as the materials sector lost ground with the price of gold falling to its lowest level in two months. The key materials sector, which includes mining and forestry stocks, fell as metals prices decreased on the strength of the U.S. dollar. The December gold contract was down US$39.20 at US$1,868.40 an ounce... Read More

Fortis announces retirement of CEO, names successor, outlines 5-year spending plan

CanadianInvestor
Fortis announces retirement of CEO, names successor, outlines 5-year spending plan
  ST. JOHN’S, N.L. — Fortis Inc. has announced the coming retirement of CEO Barry Perry, who will be succeeded by David Hutchens effective Jan. 1. The company owns a variety of utility businesses across Canada, in parts of the United States and in the Caribbean. Hutchens was named chief operating officer at Fortis in January while continuing to serve... Read More

Financials help lift Toronto stock market, U.S. stock markets mixed; Loonie down

CanadianInvestor
Financials help lift Toronto stock market, U.S. stock markets mixed; Loonie down
TORONTO — Gains in the financial sector helped lead Canada’s main stock index higher in early trading, while the loonie fell below 75 cents US. The S&P/TSX composite index was up 39.06 points at 16,181.95. In New York, the Dow Jones industrial average was up 161.43 points at 27,449.61. The S&P 500 index was up 2.94 points at 3,318.51, while... Read More

Shopify says two ‘rogue’ employees involved in data breach to obtain customer records

CanadianInvestor
Shopify says two ‘rogue’ employees involved in data breach to obtain customer records
OTTAWA — Shopify Inc. is working with the FBI after two “rogue members” of its support team engaged in a scheme to illegitimately obtain customer transactional records of some merchants. The Ottawa-based tech firm says it terminated the employees’ access to its network and referred the data breach to law enforcement. Shopify says it doesn’t have evidence at this point... Read More

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 Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,142.89, up 161.12 points.) Canadian Natural Resources (TSX:CNQ). Up 51 cents, or 2.31 per cent, to $22.60 on 13.3 million shares. Suncor Energy Inc. (TSX:SU). Energy. Up three cents, or 0.18 per cent, to $16.92 on 9.1 million shares. Bombardier Inc. (TSX:BBD.B).... Read More