Tag Archives: day

Thursday is voting day for Labrador Iron Ore Royalty Corp

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Labrador Iron Ore Royalty Corp. shareholders possess a choice: allow the company to buy more metal or mineral royalties, and issue shares to pay for the transactions; or reject the resolution to avoid uncertainty and additional dilution risk. Desjardins Capital Markets analyst Jackie Przybylowski thinks a no vote would be the most positive outcome. However, she highlighted management’s long-term view ...

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Bank earnings day! What you need to know before markets open

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U.S. stock index futures are lower today, overwhelmed by concerns about Greece\’s capability to strike an offer with its creditors, but a raft of upbeat Canadian bank earnings may boost the TSX. Canadian Imperial Bank of Commerce reported a better-than-expected quarterly profit on Thursday, boosted with a buoyant Canadian capital market.Royal Bank of Canada, the nation\’s top lender, posted a ...

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It’s another brutal day for bonds as market braces for ‘wild’ jobs report

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U.S. government bonds fell as investors braced for another day of heightened volatility before jobs data that could offer a sign the economy can withstand the government Reserve beginning to increase interest rates. Why no one should be surprised by the bond collapse This week\’s bond rout has traders panicking and investors making frantic calls to their advisers because the ...

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TSX rises, snapping a three-day losing streak as oil rallies

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TORONTO – The Toronto stock market closed solidly higher Tuesday as rising commodity prices helped stem three days of heavy losses. The S&P/TSX composite index was up 74.38 points at 14,817.71 following a nearly 214-point drop Monday. In most, Canada\’s largest stock exchange gave back a lot more than 400 points within the three-day stretch that began with a 135-point ...

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TSX turns lower after three-day surge, Wall Street drops

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Canadian stocks fell, following a three-day rally, as crude prices slipped and investors awaited a resolution to the Greek debt negotiations. Surge Energy Inc. and Suncor Energy Inc. each retreated 3.2 percent to pace declines among energy producers. First Quantum Minerals Ltd. lost 4.7 percent as industrial metals slid. BCE Inc. rose 0.9 percent after saying it will install a ...

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First Greece, then Janet Yellen — markets had a great day!

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U.S. stocks rose amid optimism that proposals Greece listed in its creditors will create a bailout, and Fed Chair Janet Yellen said she still expects to raise interest rates this season. In New York, Dow Jones industrial soared 211.79 points to 17,760.41, even though the widely watched index ended a few days only slightly above where it started. The Nasdaq ...

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Bank of Canada day! What you need to know before markets open

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U.S. stock index futures were little changed on Wednesday as investors digest Federal Reserve Chair Janet Yellen\’s comments on raising rates of interest and await the end result of a Greek parliament vote around the terms of a third bailout. The Bank of Canada will announce its rate decision at 10 a.m. Fifteen of 29 economists surveyed by Bloomberg predict ...

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Canada stocks slump for 7th day in worst losing streak in 4 years

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Canadian stocks fell a seventh day, the longest losing streak in 4 years, amid growing concern the global economy is stalling after Chinese shares slumped the most in eight years. Sherritt International Corp. and First Majestic Silver Corp. plunged a minimum of 12 per cent as copper slid to a six-year low to lead a retreat in base metals. Bankers ...

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