Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,248.76, up 32.50 points). Stornoway Diamond Corp. (TSX:SWY). Materials. Down one cent, or 33.33 per cent, to two cents on 35.5 million shares. Husky Energy Inc. (TSX:HSE). Energy. Up nine cents, or 0.72 per cent, to $12.55 on 10.3 million shares. Encana Corp. (TSX:ECA). Energy.... Read More

H&R Block buys Toronto accounting software firm Wave Financial for $537M

H&R Block buys Toronto accounting software firm Wave Financial for $537M
TORONTO — Tax company H&R Block has struck a $537-million deal to acquire Toronto-based accounting software firm Wave Financial. Wave provides accounting, invoicing, payroll and payments software on its platform used by more than 400,000 small businesses each month. H&R Block says the acquisition expands the its product and client portfolio and enhances its position in the small business sector. Under... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,216.26, down 14.70 points). Encana Corp. (TSX:ECA). Energy. Up three cents, or 0.45 per cent, to $6.73 on 8.4 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Up seven cents, or 3.38 per cent, to $2.14 on 5.9 million shares. Cenovus Energy Inc. (TSX:CVE). Energy. Up four cents, or 0.37 per... Read More

Financials, tech and health care boost TSX, U.S. stocks also move higher

Financials, tech and health care boost TSX, U.S. stocks also move higher
TORONTO — Canada’s main stock index moved higher in late-morning trading, helped by gains in the financial, technology and health care sectors. The S&P/TSX composite index was up 18.63 points at 16,249.59. In New York, the Dow Jones industrial average was up 175.01 points at 26,158.95. The S&P 500 index was up 25.39 points at 2,898.73, while the Nasdaq composite... Read More

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

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: May housing starts Canada Mortgage and Housing Corp. to release preliminary housing starts data for May on Monday. The corporation’s CEO recently defended mortgage stress test rules and warned federal policy-makers to hold the line amid calls for softening the measure from industry associations.... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,230.96, up 3.16 points). Aphria Inc. (TSX:APHA). Health care. Up 42 cents, or 4.54 per cent, to $9.67 on 5.8 million shares. Encana Corp. (TSX:ECA). Energy. Down 14 cents, or 2.05 per cent, to $6.70 on 5.7 million shares. Crescent Point Energy Corp. (TSX:CPG). Energy. Up seven... Read More

Main Canadian stock index advances modestly, loonie strengthens

Main Canadian stock index advances modestly, loonie strengthens
TORONTO — Canada’s main stock index is up moderately with some of the lift coming from the metals and mining sector. The S&P/TSX composite index was up 40.09 points at 16,267.89 after 90 minutes of trading, with Avalon Advanced Materials showing renewed strength after coming off a 52-week high set last week. In New York, the Dow Jones industrial average was up 293.80... Read More

Transcontinental profits fall in Q2 following Coveris Americas purchase

Transcontinental profits fall in Q2 following Coveris Americas purchase
MONTREAL — Transcontinental Inc. says net earnings last quarter dropped nearly 68 per cent year over year stemming from its US$1.32-billion purchase of packaging firm Coveris Americas in 2018 and the sale of its California newspaper printing business. Profits fell to $22.3 million in Transcontinental’s second quarter, down from $68.9 million during the same period last year. On an adjusted basis, net... Read More

Toronto stock market inches higher as gold prices rise as shield to uncertainty

Toronto stock market inches higher as gold prices rise as shield to uncertainty
TORONTO — Canada’s main stock index closed marginally higher as gold rose as a shield against ongoing trade uncertainty and macroeconomic uncertainty. The S&P/TSX composite index was up 15.14 points at 16,227.80. In New York, the Dow Jones industrial average was up 181.09 points at 25,720.66. The S&P 500 index was up 17.34 points at 2,843.49, while the Nasdaq composite... Read More