Transportation, Retail and Markets Correspondent, Canada
Solarina's Feed
Sep 16, 2015

TSX rallies as energy stocks soar

TORONTO, Sept 16 (Reuters) – Canada’s main stock index
rallied on Wednesday, led by a nearly 5 percent surge in energy
stocks and broad gains in most other key sectors including the
hefty financials group.

Oil and gas names jumped 4.8 percent, moving in step with
U.S. crude prices, which rose some 5.6 percent late in the
morning on a drawdown in U.S. stockpiles, higher gasoline prices
and inflation data that dampened the chances of an interest rate
hike by the Federal Reserve this week.

Sep 15, 2015

Revenge, couture go hand in hand in Aussie film ‘The Dressmaker’

TORONTO (Reuters) – Secrets and high fashion fuel the fires of revenge in “The Dressmaker”, a period film about a sophisticated woman who returns to her small-minded Australian town to seek retribution against those who sent her away as a child accused of murder.

The film, which stars British actress Kate Winslet as the titular character, and features Australians Judy Davis, Liam Hemsworth and Hugo Weaving, depicts some of the ugliest facets of human behavior through the town’s eccentric residents.

Sep 14, 2015

TSX declines ahead of Fed decision, oil prices weigh

TORONTO, Sept 14 (Reuters) – Canada’s main stock index fell
on Monday over slumping oil prices and worries about the U.S.
Federal Reserve’s decision on interest rates this week.

With investors trying to position themselves ahead of the
Fed decision, volatility in commodity prices due to worries over
the Chinese economy, currency swings and mixed economic data
also added to the market’s uncertainties.

Sep 14, 2015

TSX slips ahead of Fed decision, resources drag

TORONTO, Sept 14 (Reuters) – Canada’s main stock index fell
on Monday as investors positioned themselves ahead of the
Federal Reserve decision this week, while commodity prices,
under pressure from the latest tepid data out of China, dragged
on resource stocks.

The Fed had been indicating it planned to hike rates at some
point this year, but recent worries about global growth and
lackluster Chinese economic data have raised the possibility the
U.S. central bank could delay any increase to next year.

Sep 11, 2015

Gyllenhaal, Vallée tackle grief in ‘Demolition’

TORONTO (Reuters) – Jean-Marc Vallée’s latest film “Demolition,” is an intimate study of grief and the often polarizing ways people deal with it.

Vallée calls it his most “rock and roll” film to date, both for its pulsing soundtrack in a film otherwise punctuated by silence, and its often provocative and offbeat portrayal of grief.

Sep 10, 2015

Fraying Lululemon margins disappoint, shares slump 12 percent

By Solarina Ho

(Reuters) – Shares of Canadian yogawear retailer Lululemon Athletica Inc (LULU.O: Quote, Profile, Research, Stock Buzz) tumbled on Thursday as results showed margins had narrowed due to higher costs, even as it reported consensus-beating sales and modestly raised its full-year forecasts.

Shares in the Vancouver-based company dived 12.5 percent to $56.04 by late morning. They had initially risen modestly in premarket trading on the raised forecasts and topline results before concerns over the dwindling margins set in.

Sep 4, 2015

TSX slides as rate moves uncertain following labor data

TORONTO, Sept 4 (Reuters) – Canada’s main stock index fell
broadly on Friday as mixed employment data provided little
clarity for investors hoping to receive more guidance ahead of
this month’s central bank monetary policy meetings on both sides
of the border.

Job growth in the United States slowed in August, rising
173,000, while the unemployment rate dropped to a near
7-1/2-year low and wages accelerated. Canada unexpectedly added
12,000 new jobs last month, versus the expected decline of
4,500, but the country’s unemployment rate hit 7 percent, a
one-year high.

Sep 3, 2015

TSX rises as energy stocks bolstered by higher crude

TORONTO, Sept 3 (Reuters) – Canada’s main stock index
rallied more than 1 percent on Thursday as energy stocks tracked
rebounding crude prices and markets digested this week’s
domestic economic data.

A pledge by the European Central Bank to keep monetary
policy loose helped prop up crude prices more than 3 percent,
while closed markets in China due to a public holiday also
helped stabilize the volatile commodity.

Sep 2, 2015

TSX volatile as crude whips energy stocks

TORONTO, Sept 2 (Reuters) – Canada’s main stock index
seesawed on Wednesday in extremely choppy trading as energy
stocks beset by volatile crude oil prices capped gains in other

The index gyrated between positive and negative territory
throughout the morning after initially rallying more than 1
percent on China’s latest effort to soothe investors’ anxiety.
Markets are concerned about the country’s slowing growth and
what that means for the global economy.

Sep 1, 2015

TSX takes hit as China data sows more volatility

TORONTO, Sept 1 (Reuters) – Canada’s main stock index fell
more than 2 percent on Tuesday as the latest disappointing
economic data from China spurred another round of selling in
global markets and sent commodity prices lower.

Ongoing worries over China’s impact on the global economy
resurfaced after data showed its manufacturing sector shrank at
the fastest pace in three years, while the services sector also

    • About Solarina

      "I am a Canadian transportation, retail and markets correspondent. I occasionally moonlight in entertainment and lifestyle news. I was formerly a homepage editor for, and an online news editor for, and .ca. Life before Reuters included working in China and freelancing in California."
      Joined Reuters:
    • More from Solarina

    • Follow Solarina