Skip to content

National Business

S&P/TSX composite up nearly 200 points, U.S. stock markets also higher

S&P/TSX composite up nearly 200 points, U.S. stock markets also higher

TORONTO — Canada's main stock index was up nearly 200 points in late-morning trading, led by strength in technology and base metal stocks, while U.S. stock markets also climbed higher. The S&P/TSX composite index was up 190.71 points at 24,347.
Read more >
U.S. senator calls out lack of TD executives charged in money laundering settlement

U.S. senator calls out lack of TD executives charged in money laundering settlement

TORONTO — A U.S. senator is raising concerns that TD Bank Group executives did not face charges as part of the bank's settlement over its failure to detect large-scale money laundering. Sen. Elizabeth Warren says in a letter to the U.S.
Read more >
Air Canada shares rise on buybacks and earnings despite revenue hit

Air Canada shares rise on buybacks and earnings despite revenue hit

Air Canada's stock traded more than 10 per cent higher after it announced a share buyback program, an earnings beat and a higher earnings outlook.
Read more >
Auto parts company Magna International lowers guidance amid production slump

Auto parts company Magna International lowers guidance amid production slump

TORONTO — Magna International Inc. cut its guidance for its full year after seeing its sales decrease last quarter amid a global production slump of light vehicles.
Read more >
Laurentian Bank names veteran executive Robert Ouellette to board of directors

Laurentian Bank names veteran executive Robert Ouellette to board of directors

MONTREAL — Laurentian Bank of Canada says veteran executive Robert Ouellette is joining its board of directors as a new independent director.
Read more >
US employers added just 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls

US employers added just 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls

WASHINGTON (AP) — America’s employers added just 12,000 jobs in October, a total that economists say was held down by the effects of strikes and hurricanes that left many workers temporarily off payrolls.
Read more >
Stock market today: Gains for Amazon and Intel help send Wall Street higher

Stock market today: Gains for Amazon and Intel help send Wall Street higher

NEW YORK (AP) — Amazon and Intel are helping to pull U.S. stock indexes higher, while yields skid in the bond market following a surprisingly weak jobs report that was marred by hurricanes and other unusual occurrences. The S&P 500 was 0.
Read more >
Exxon Mobil profit tops Street in 3rd quarter, helped by Pioneer Natural acquisition

Exxon Mobil profit tops Street in 3rd quarter, helped by Pioneer Natural acquisition

Exxon Mobil's third-quarter profit beat analysts' expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition. Exxon earned $8.6 billion, or $1.92 per share, for the three months ended Sept.
Read more >
Imperial Oil reports $1.24B third-quarter profit, down from $1.60B a year ago

Imperial Oil reports $1.24B third-quarter profit, down from $1.60B a year ago

CALGARY — Imperial Oil Ltd. reported a third-quarter profit of $1.24 billion, down from $1.60 billion in the same quarter last year. The company says the profit amounted to $2.33 per diluted share for the quarter ended Sept. 30, down from $2.
Read more >
Enbridge reports $1.29B third-quarter profit, up from $532M a year ago

Enbridge reports $1.29B third-quarter profit, up from $532M a year ago

CALGARY — Enbridge Inc. reported a third-quarter profit attributable to common shareholders of $1.29 billion, up from $532 million a year earlier. The company says the profit amounted to 59 cents per share for the quarter ended Sept.
Read more >