OPEC+ members led by Saudi Arabia and Russia agreed on Sunday to extend voluntary oil output cuts of 2.2 million barrels a day into the second quarter, giving extra support […]
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Bank of Nova Scotia is shaking off its slump. Is a winning streak at hand?
Something unusual is going on with Bank of Nova Scotia’s (BNS-T +0.26%increase) share price this year: It’s outperforming.That may come as a relief to long-suffering shareholders who have seen the share […]
Economic Calendar: Mar 4 – Mar 8
Monday March 4Japan capital spendingEarnings include: Advantage Oil & Gas Ltd.; Wajax Corp.—Tuesday March 5China, Japan and Euro zone services and composite PMI(9:30 a.m. ET) Canadian S&P Global Services PMI […]
Nat-Gas Prices Under Pressure as Above-Normal Winter Temps Continue
April Nymex natural gas (NGJ24) on Friday closed -0.025 (-1.34%).Nat-gas prices on Friday settled moderately lower. The outlook for above-average U.S. winter temperatures to persist is weighing on nat-gas prices. […]
TSX Ends At Near 2-year Closing High, Gains 0.65% In Week
Published: 3/1/2024 5:22 PM ET Canadian stocks turned in a fine performance on Friday with investors indulging in some hectic buying at several counters from across various sectors.U.S. and European markets closed higher, and […]
Oil rises about 1% as markets await OPEC+ decision (Mar 1)
Oil prices rose on Friday and were set for weekly gains as markets awaited an OPEC+ decision on supply agreements for the second quarter while weighing fresh U.S., European and […]
Canadian economy returns to growth, with heavy assist from U.S.
The Canadian economy is nearing a soft landing as it resumed growth in the final months of 2023, allowing the country to skirt a recession in what was otherwise a […]
ATCO REPORTS 2023 EARNINGS
ATCO Ltd. (ATCO or the Company) today announced adjusted earnings in 2023 of $432 million ($3.82 per share), which were $9 million ($0.11 per share) higher compared to $423 million ($3.71 per share) in 2022. Fourth quarter adjusted earnings […]
TD profit tops estimates, CEO says anti-money laundering issues identified
Toronto-Dominion BankTD-T +0.24%increase chief executive officer Bharat Masrani said that the bank has identified the weaknesses in its anti-money laundering procedures, and that the lender is investing heavily in improving those processes.Investors […]