Transportation, Retail and Markets Correspondent, Canada
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Jun 9, 2015

Lululemon shares jump after profit, revenue forecasts raised

By Solarina Ho

(Reuters) – Lululemon Athletica Inc (LULU.O: Quote, Profile, Research, Stock Buzz) shares jumped on Tuesday after the Canadian yogawear retailer raised its full-year outlook, further evidence it is regaining its footing following a high-profile 2013 recall of overly sheer yoga pants.

The company also reported a better-than-expected first-quarter profit despite poor weather, West Coast port delays, and the impact of weaker Canadian and Australian dollars.

Jun 8, 2015

TSX stumbles more than 1 percent as banks, energy lead losses

TORONTO, June 8 (Reuters) – Canada’s main stock index fell
for the third straight session, giving back more than 1 percent
on Monday, with across-the-board declines led by resource and
financial stocks.

With little domestic news to drive direction, investors
appeared to take their cues from global markets.

Jun 5, 2015

Robust job gains fuel Canadian dollar rebound

TORONTO, June 5 (Reuters) – The Canadian dollar
rebounded on Friday despite a greenback rally on U.S. employment
data, as jobs growth in Canada had its biggest jump in seven
months and crude prices saw a late-day surge.

Canadian employers added 58,900 jobs in May, far above the
10,000 jobs economists polled by Reuters had expected.

Jun 5, 2015

C$ loses steam as greenback rallies on U.S. jobs data

TORONTO, June 5 (Reuters) – The Canadian dollar
retreated against a rallying U.S. dollar on Friday as data
showing a stronger-than-expected U.S. labor market outweighed
surprisingly robust Canadian employment numbers.

Canadian employers added 58,900 jobs last month, far above
the 10,000 jobs economists polled by Reuters had expected, and
the biggest increase in seven months.

Jun 1, 2015

TSX turns negative as oil and bank shares drag

TORONTO, June 1 (Reuters) – Canada’s main stock index was
lower on Monday, getting June off to a sluggish start as
commodity prices drove up mining stocks but pulled down oil and
gas shares, while most of the financial sector retreated.

The biggest heavyweight gainer was Bank of Nova Scotia
, which rose 1.09 percent to C$66.11, but as a whole the
financial group, which accounts for roughly a third of the
index, retreated 0.4 percent, with Toronto-Dominion Bank
and other major banks falling. TD declined 1.0 percent to
C$53.62.

May 26, 2015

TSX retreats as greenback rally pressures commodity prices

TORONTO, May 26 (Reuters) – Canada’s main stock index
stumbled on Tuesday, with gold mining and energy stocks bruised
by slumping gold and crude prices following a U.S. data-driven
rally in the greenback.

After a lackluster first quarter, the U.S. economy was
showing signs of getting back on track following
better-than-expected durable goods orders. The more upbeat data
could help push the Federal Reserve closer to deciding when it
will resume hiking interest rates.

May 25, 2015

TSX steady as broad gains offset by drop in energy shares

TORONTO, May 25 (Reuters) – Canada’s main stock index was
steady on Monday with losses in oil and gas shares offsetting
moderate gains in the heavily weighted financials group and most
other sectors, but trade was quiet due to the U.S. Memorial Day
holiday.

Investors were looking ahead to Canadian bank quarterly
earnings later this week, trying to assess the impact of a
lackluster economy and low energy prices on the sector.

May 22, 2015

TSX eases after recent rally as energy, financials drag

TORONTO, May 22 (Reuters) – Canada’s main stock index
retreated on Friday, weighed down by cooling energy and
financial stocks, with investors taking some profits after
making gains in four of the previous five sessions.

The top 10 biggest drags on the TSX were either in energy or
financials. Enbridge Inc was the most influential loser
on the index, falling 0.94 percent to C$62.08. Bank of Nova
Scotia followed with a 0.6 percent loss to C$64.60.

May 21, 2015

TSX rallies as oil prices boost energy; Shopify surges

TORONTO, May 21 (Reuters) – Canada’s main stock index
rebounded on Thursday as financial and energy stocks, bolstered
by a rally in oil prices, pushed the TSX to its best performance
in more than a week.

Valeant Pharmaceuticals International was by far
the most influential individual gainer on the index, rising 2.4
percent to C$285.23. The company is in talks to buy Egyptian
drugmaker Amoun Pharmaceutical Co, according to a Bloomberg
report on Wednesday.

May 21, 2015

Energy stocks lead TSX rally; Shopify surges

TORONTO, May 21 (Reuters) – Canada’s main stock index
rebounded on Thursday, lifted in part by a general upbeat tone
among investors and higher crude prices that bolstered energy
stocks for the third straight session.

Valeant Pharmaceuticals International was by far
the most influential individual gainer on the index, rising 2
percent to C$284.20. The company is in talks to buy Egyptian
drugmaker Amoun Pharmaceutical Co, according to a Bloomberg
report on Wednesday.

    • 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 Reuters.com, and an online news editor for Reuters.com, .co.uk and .ca. Life before Reuters included working in China and freelancing in California."
      Joined Reuters:
      2003
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