Transportation, Retail and Markets Correspondent, Canada
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Apr 30, 2015

Quarterly results, resources lead broad TSX rout

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
quarterly results.

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

Apr 29, 2015

Lululemon facing calls for board reform, transparency

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.

Apr 29, 2015

Gains in oil shares limit TSX’s retreat

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
broadly lower.

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
interest rates.

Apr 28, 2015

TSX falls broadly as investors sidelined by Fed meeting

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.

Apr 24, 2015

TSX steady as energy losses offset by Teck, West Fraser gains

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.

Apr 23, 2015

TSX climbs higher as energy, resources led rebound

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.

Apr 22, 2015

Gold mining shares decline, soft financials drag TSX lower

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.

Apr 22, 2015

TSX retreats as concern over Greece spurs caution

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.

Apr 21, 2015

TSX declines as energy shares dip with oil price

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.

Apr 21, 2015

TSX slides as resource shares drop, profit-taking hits railways

TORONTO, April 21 (Reuters) – Canada’s main stock index fell
on Tuesday as wary investors shied away from energy stocks as
oil prices dipped and took profits on Canadian railways after
they reported stronger than expected quarterly results.

Shares in the country’s two main railways, Canadian National
Railway Co and Canadian Pacific Railway Ltd,
rose on Monday ahead of their first-quarter earnings reports. On
Tuesday, CN Rail, the most influential mover on the index,
declined 3.1 percent to C$80.75, after climbing nearly 3 percent
the day before. CP Rail fell 0.8 percent to C$235.32 after its
Monday rise.

    • 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."
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