TORONTO, May 1 (Reuters) – Canada’s main stock index
advanced on Friday to recoup most of the previous session’s
losses, led by broad gains in financials and mining firms as
well as some positive earnings reports.
Month-end positioning and less than stellar quarterly
results sent the index down 0.8 percent on Thursday, even as it
climbed more than 2 percent overall during the month of April,
bolstered in part by a rally in crude prices.
TORONTO, April 30 (Reuters) – Canada’s main stock index fell
on Thursday as investors, positioning their portfolios at the
end of the month, appeared less than impressed by a slew of
Goldcorp Inc, the world’s biggest gold producer by
market value, saw its first-quarter profit fall due in part to
lower margins on gold sales and a higher tax rate. It was the
most influential decliner on the index, falling 5.37 percent to
TORONTO (Reuters) – The uproar around yogawear retailer Lululemon Athletica two years ago was about a little too much transparency. Now some shareholders are complaining about a lack of it.
Lululemon shares tumbled and executives departed following a high-profile 2013 recall of its signature yoga pants that were deemed too see-through. Its founder Chip Wilson later clashed with the board over how things were being run.
TORONTO, April 29 (Reuters) – Canada’s main stock index
pared early-session losses on Wednesday, helped by a comeback in
energy stocks on a jump in crude prices, but the index remained
Investors were cautious ahead of a U.S. Federal Reserve
policy statement due on Wednesday afternoon that comes after
data showed U.S. economic growth stalled in the first quarter,
fortifying expectations that the Fed will be in no rush to hike
TORONTO, April 28 (Reuters) – Canada’s main stock index fell
on Tuesday as investors shied away from making big bets as the
U.S. Federal Reserve kicks off its two-day meeting on monetary
A run of lukewarm U.S. economic data during the first
quarter has pushed expectations of the Fed raising interest
rates until the second half of 2015.
TORONTO, April 24 (Reuters) – Canada’s main stock index was
little changed on Friday as losses in oil and gas and
gold-mining shares were offset by modest gains in other sectors.
The most influential decliners on the index included miner
Goldcorp Inc, which fell 1.35 percent to C$23.39, and oil
company Canadian Natural Resources Ltd, which declined
0.8 percent to C$40.54.
TORONTO, April 23 (Reuters) – Canada’s main stock index rose
on Thursday, helped by gains among energy and resource stocks,
which were bolstered by stronger commodity prices, and a modest
rise by the influential financials group.
The biggest positive driver on the index included Canadian
Natural Resources, which rose 1.01 percent to C$40.88,
and Goldcorp Inc, which advanced 1.3 percent to C$23.37.
TORONTO, April 22 (Reuters) – Canada’s main stock index
slipped on Wednesday, driven by steep declines among gold miners
and a retreat among heavily-weighted banks.
Modest gains among energy names offset some of the losses
despite volatile trade in crude oil.
TORONTO, April 22 (Reuters) – Canada’s main stock index fell
broadly on Wednesday with financial shares leading the retreat
as concern over the Greek debt crisis sparked general investor
caution amid mixed corporate earnings reports.
Six of the index’s 10 most influential declining stocks
were from the heavily weighted financial group, which fell 0.9
percent. Among them, Toronto-Dominion Bank dropped 1.0
percent to C$55.42, and Royal Bank of Canada declined
0.9 percent to C$79.59.
TORONTO, April 21 (Reuters) – Canada’s main stock index
declined on Tuesday as shares of energy producers slipped with
oil prices as worries about increasing U.S. inventories
The price of oil gave back 2 percent, reflecting weakness
after a recent rebound in sentiment.