Correspondent, Toronto, Canada
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Nov 26, 2014
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Nov 24, 2014

Energy shares pull TSX lower; Hudson’s Bay jumps

TORONTO, Nov 24 (Reuters) – Canada’s main stock index
dropped on Monday after a six-day winning streak, as a decline
in the price of oil hit shares of energy producers and weakness
in the bullion price weighed on the gold-mining sector.

Gains in railways and a surge in Hudson’s Bay Co,
which outlined a $1.25 billion refinancing plan, gave investors
some cause for cheer even as the index edged lower.

    • About Alastair

      "Canada tech, media and telecoms reporter based in Toronto, with emphasis on Research In Motion and including coverage of Rogers, Bell Canada, Telus, the new mobile entrants and the tech companies filling in the gaps. Previously spent two years in Cairo bureau chasing Orascom Telecom's Naguib Sawiris. Prior to that, spent a year learning the ropes in London."
      Joined Reuters:
      2007
      Languages:
      English, Arabic
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