John's Feed
Feb 19, 2015

Goldcorp, SNC-Lavalin slumps push TSX lower

TORONTO, Feb 19 (Reuters) – Canada’s main stock index fell
on Thursday, hurt by sharp selloffs in Goldcorp Inc and
SNC-Lavalin Group Inc.

Goldcorp, the world’s biggest gold producer by market value,
posted a hefty loss as it took a $2.3 billion impairment charge
on a new mine in Argentina, the second multibillion-dollar
writedown from a top gold miner in as many days.

Feb 19, 2015

TSX drops as oil prices weaken; SNC tumbles

TORONTO, Feb 19 (Reuters) – Canada’s main stock index fell
on Thursday as a buildup in U.S. crude inventories weighed on
oil prices and shares of energy companies.

Further, shares of SNC-Lavalin Group tumbled 7.3
percent after the Canadian police laid corruption charges
against the company and some of its units, in relation to their
operations in Libya.

Feb 18, 2015

TSX declines as oil prices pull energy shares lower

TORONTO, Feb 18 (Reuters) – Canada’s main stock index
slipped on Wednesday as a recent rally in the price of oil began
showing signs of losing momentum, weighing on energy producers’
shares.

Investors also followed news that Greece will submit a
request to the euro zone to extend a “loan agreement” for up to
six months. However, Germany said no such deal was in the works
and Athens must stick to the terms of its existing international
bailout.

Feb 17, 2015

TSX up slightly as Restaurant Brands gain offsets resources

TORONTO, Feb 17 (Reuters) – Canada’s main stock index edged
higher on Tuesday as a jump in Restaurant Brands International
Inc, following the fast-food chain’s quarterly report,
helped offset declines in the natural resource sectors after
commodity prices weakened.

Worries about whether Greece will be able to secure a debt
deal remained an overhang on the market. Talks between Greece
and euro zone finance ministers over the country’s debt crisis
broke down on Monday when Athens rejected a proposal to request
a six-month extension of its international bailout package as
“unacceptable.”

Feb 17, 2015

Canadian proxy firm Kingsdale readies U.S. launch, eyes acquisitions

TORONTO (Reuters) – Canadian proxy solicitation firm Kingsdale Shareholder Services will expand into the highly competitive U.S. market by opening a New York office next month and could bolster the move with acquisitions, its chief executive said on Tuesday.

Toronto-based Kingsdale, majority-owned by MDC Partners Inc, is also looking to launch in the United Kingdom and Australia in the next two years.

Feb 17, 2015

TSX edges higher as Greek worries offset by Restaurant Brands

TORONTO, Feb 17 (Reuters) – Canada’s main stock index edged
higher on Tuesday as a jump in shares of Restaurant Brands
International Inc, after the fast-food chain reported
quarterly results, helped offset worries about whether Greece
will be able to secure a debt deal.

Talks between Greece and euro zone finance ministers over
the country’s debt crisis broke down on Monday when Athens
rejected a proposal to request a six-month extension of its
international bailout package as “unacceptable.”

Feb 13, 2015

TSX nears 5-month high on energy gains; TransCanada slips

TORONTO, Feb 13 (Reuters) – Canada’s main stock index rose
to its highest level in almost five months on Friday as robust
oil prices helped boost the energy sector, offsetting a decline
in TransCanada Corp after the pipeline company reported
quarterly results.

Positive signals from Germany, where economic growth was
much stronger than expected in the fourth quarter, also
supported the market.

Feb 13, 2015

TSX nears five-month high on oil prices, TransCanada

TORONTO, Feb 13 (Reuters) – Canada’s main stock index
advanced to its highest in almost five months on Friday as
stronger oil prices helped boost the energy sector and
TransCanada Corp’s shares climbed after the pipeline
company reported quarterly results.

Positive signals from Germany, where economic growth was
much stronger than expected in the fourth quarter, also
supported the market.

Feb 12, 2015

TSX steady as insurers slip on results, energy gains

TORONTO, Feb 12 (Reuters) – Canada’s main stock index was
little changed on Thursday as weakness in Manulife Financial
and Sun Life Financial after the insurers
reported quarterly results helped offset gains in oil prices and
shares of energy producers.

A selloff in Bombardier Inc, after the company
reported a quarterly loss and announced management changes,
further weighed on the market.

Feb 11, 2015

TSX advances as energy, bank shares gain

TORONTO, Feb 11 (Reuters) – Canada’s main stock index ended
higher on Wednesday as gains in the energy and financial sectors
helped offset uncertainty surrounding discussions on a Greek
debt deal.

A meeting between Greek Finance Minister Yanis Varoufakis
and his euro zone peers was under way and comes after the
country’s new leftist-led government won a parliamentary
confidence vote on its refusal to extend an international
bailout.