Tag Archives: rises

National Bank of Canada’s profit rises 12.5% on financial markets business


National Bank of Canada, the very first of the country\’s lenders to report second-quarter results, said profit rose 12 per cent on gains from selling shares in Fiera Capital Corp. and higher capital markets earnings. The firm increased its dividend 4 per cent. Net income for the fiscal period ended April 30 climbed to $404 million, or $1.13 a share, ...

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


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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Wall Street rises, TSX falls after Fed signals rate hike later this year


TORONTO – The Toronto stock market closed in the red Wednesday while Ny markets turned higher following the U.S. Federal Reserve announced it was keeping its benchmark rate unchanged. The S&P/TSX composite index closed down 20.07 points at 14,732.98, as the loonie was up 0.51 of a U.S. cent at 81.73 cents. On commodity markets, the July crude contract gave ...

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TSX rises on optimism over Greece as materials shares climb


TORONTO – The Toronto Stock Exchange was solidly ahead for any second consecutive session Tuesday with almost all sectors higher. The S&P/TSX composite index advanced 110.04 points to 14,900.52 at midafternoon, contributing to Monday\’s 137-point gain because the heavyweight mining, energy and financials sectors all trended higher. The loonie was down 0.11 of a U.S. cent at 81.02 cents. In ...

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TSX rises, Canadian dollar falls as U.S. markets shut for holiday


TORONTO – The Toronto stock market closed higher see how to avoid trading Friday in front of a weekend debt referendum in Greece, while the loonie slid lower amid fears about a recession in Canada. The S&P/TSX composite index closed up 44.40 points at 14,682.39 after rising almost 148 points the prior two trading days. But Canada\’s main market was ...

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