Yahoo! Canada Finance: Canadian Markets News

Gold miners pull TSX out of jobs-linked funk

Fri, 06 Nov 2009 23:06:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index ended higher for a fourth straight session on Friday as gold miners rallied around record high bullion prices, offsetting the index's fall at the outset on weak jobs data that fueled worry about economic recovery.

Canadian dollar stung by unexpectedly weak jobs data

Fri, 06 Nov 2009 21:54:00 GMT

Reuters - TORONTO (Reuters) - Canada's currency skidded to its lowest closing level in nearly a week on Friday, stung by U.S. and Canadian jobs data that fell short of estimates and left investors with a reduced appetite for riskier assets.

Gold stocks send TSX higher, N.Y. little changed amid disappointing jobs data

Fri, 06 Nov 2009 21:46:00 GMT

The Canadian Press - TORONTO - The Toronto stock market advanced Friday as investors dealt with dismal employment data from Canada and the United States and as gold stocks continued to run ahead amid record high bullion prices.

Upward finish for TSX

Fri, 06 Nov 2009 21:42:54 GMT

Baystreet.ca - Canadian stocks remained moderately higher as a strong day in the gold sector outweighed concern over jobs data.

How executive bonuses fail to deliver

Fri, 06 Nov 2009 21:41:32 GMT

CBC - A new study suggests 12 of the companies in Canada's TSX 60 index have corporate governance issues that make them a serious risk to investors. Another 10 are a moderate risk.

Gold soars for 5th straight day

Fri, 06 Nov 2009 21:40:40 GMT

CBC - Gold futures jumped to yet another new record Friday, soaring over $1,100 US an ounce.

TSX runs ahead on Magna, gold stocks; N.Y. weak amid disappointing jobs data

Fri, 06 Nov 2009 21:11:00 GMT

The Canadian Press - TORONTO - Gold stocks helped keep the Toronto stock market ahead Friday afternoon despite employment reports for October that came in much worse than expected.

TSX at breakeven

Fri, 06 Nov 2009 17:23:25 GMT

Baystreet.ca - Canadian stocks are slightly higher on Friday as record gold prices offset disappointing employment reports.

Stocks little changed on weak October employment data from Canada, U.S.

Fri, 06 Nov 2009 16:51:00 GMT

The Canadian Press - TORONTO - The Toronto stock market was slightly higher late Friday morning, held aloft by rising gold stocks as bullion continued to advance.

Stocks rise despite jobs data; TSX lifted by gold stocks, bullion hits US$1,110

Fri, 06 Nov 2009 15:36:00 GMT

The Canadian Press - TORONTO - The Toronto stock market maintained a modest advance mid-morning Friday amid record high gold prices, even as investors took in employment news from Canada and the United States that missed expectations.

Jobs data don't dent TSX

Fri, 06 Nov 2009 15:18:58 GMT

Baystreet.ca -

TSX rises as gold crosses US$1,100 an ounce amid disappointing employment data in Canada, U.S.

Fri, 06 Nov 2009 15:07:00 GMT

The Canadian Press - TORONTO - Rising gold stocks helped push the Toronto stock market higher Friday morning amid employment news from Canada and the United States that missed expectations.

Stock markets to open lower on disappointing jobs data in Canada, U.S.

Fri, 06 Nov 2009 13:59:00 GMT

The Canadian Press - TORONTO - North American stock markets appeared headed for a lower opening as employment news from Canada and the United States came in worse than expected.

Tech, mining stocks lead TSX higher, U.S. jobless claims data boosts N.Y. stocks

Thu, 05 Nov 2009 19:50:00 GMT

The Canadian Press - TORONTO - The Toronto stock market hung on to a modest gain Thursday afternoon, supported largely by tech, telecom and base metal stocks amid some good news a day before the release of the U.S. government's latest unemployment report.

Commodity stocks lead TSX higher, U.S. jobless claims data boosts N.Y. stocks

Thu, 05 Nov 2009 17:20:00 GMT

The Canadian Press - TORONTO - Higher mining and tech stocks kept the Toronto stock market positive Thursday amid some positive U.S. jobs data that came a day before the release of the government's unemployment report.

Blackberry maker RIM to buy back $1.2 bln in stock

Thu, 05 Nov 2009 16:47:00 GMT

AFP - OTTAWA (AFP) - Blackberry smartphone maker Research in Motion (RIM) announced Thursday it would buy back 1.2 billion US dollars worth of its stock to prop up the sagging share price amid heightened competition.

Commodity stocks lead TSX lower, U.S. jobless claims data boosts N.Y. stocks

Thu, 05 Nov 2009 15:31:00 GMT

The Canadian Press - TORONTO - The Toronto stock market was little changed early Thursday morning as commodity stocks retreated amid some positive U.S. employment data that came a day before the release of the government's unemployment report.

Canadian Natural Resources profit drops in third quarter, revenues decline

Thu, 05 Nov 2009 13:57:00 GMT

The Canadian Press - CALGARY - Net income at Canadian Natural Resources Limited (TSX:CNQ) tumbled from year-ago levels in the third quarter as the company felt the impact of a harsh natural-gas market and high production costs.

Record high gold helps push TSX higher; N.Y. mixed despite positive factory data

Tue, 03 Nov 2009 22:46:00 GMT

The Canadian Press - TORONTO - The Toronto stock market closed higher Tuesday but the rise was mainly due to gold surging to a record high close, railway stocks that benefited from major acquisition activity south of the border and higher oil prices.

TSX rides railways, gold price to higher close

Tue, 03 Nov 2009 21:45:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index shot higher on Tuesday as gold prices hit a record high above $1,080 an ounce, boosting Barrick Gold Corp and other gold miners.

TSX halts slump

Tue, 03 Nov 2009 21:27:35 GMT

Baystreet.ca - The Toronto stock market maintained a solid lead Tuesday as gold stocks surged on record high bullion prices, railway stocks gained following major acquisition activity in the United States and oil prices advanced.

TSX back to breakeven

Tue, 03 Nov 2009 17:10:15 GMT

Baystreet.ca - Toronto stocks closed in on Monday's final numbers as gold stocks strengthened on the back of record bullion prices, offsetting weakness in the energy sector.

TSX up: gold stocks surge, rail stocks rise on Buffett deal to buy U.S. railway

Tue, 03 Nov 2009 16:36:00 GMT

The Canadian Press - TORONTO - The Toronto stock market reversed sharp early declines to move higher late Tuesday morning, due almost entirely to a surge in the gold sector but helped by railway stocks boosted by major acquisition activity in the U.S.

TSX erases early skid as gold miners rally

Tue, 03 Nov 2009 16:32:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index was higher on Tuesday as Barrick Gold Corp and other gold miners rallied on rising gold prices, while a surge in railway stocks helped to reverse the index's early triple-digit skid.

Boosted by gold miners, TSX erases early skid

Tue, 03 Nov 2009 15:33:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index erased an early skid and moved into higher territory on Tuesday as a rise in gold prices helped boost gold-mining shares, more than offsetting weakness in financials.

TSX little changed, rail stocks benefit from Buffett deal to buy U.S. railway

Tue, 03 Nov 2009 15:31:00 GMT

The Canadian Press - TORONTO - The Toronto stock market shook off early triple-digit declines to drift around the unchanged mark at mid-morning Tuesday with investors inclined to do little ahead of important economic data coming out later in the week.

TSX falls on banks but railways ride higher

Tue, 03 Nov 2009 15:00:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index was lower on Tuesday morning as Royal Bank of Canada and other banks were unloaded due to concerns about the European banking sector.

TSX opens sharply lower as bank shares skid

Tue, 03 Nov 2009 14:36:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index tumbled at the open on Tuesday as Royal Bank of Canada and other banks were unloaded due to concerns about the European banking sector.

Loonie slips but off overnight low, bonds up

Tue, 03 Nov 2009 14:05:00 GMT

Reuters - TORONTO (Reuters) - Canada's currency was slightly weaker but off overnight lows against the U.S. currency on Tuesday, hurt by less risk appetite arising from concerns about the European banking sector.

TSX may fall with global stocks, oil

Tue, 03 Nov 2009 13:22:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index may fall at the open on Tuesday in line with declines in global stock markets, and could also be pressured by the falling price of oil.

TSX racks up losses amid worries over economic rebound; N.Y. higher on data

Mon, 02 Nov 2009 22:39:00 GMT

The Canadian Press - TORONTO - The Toronto stock market closed slightly lower Monday, extending last week's steep losses loss despite good U.S. economic news and a solid profit report from Ford Motor Co.

TSX ends lower on profit-taking, RIM retreat

Mon, 02 Nov 2009 22:10:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index finished lower on Monday, hurt by profit-taking and a selloff in shares of BlackBerry maker Research In Motion following an analyst downgrade.

Economic worries drive down TSX

Mon, 02 Nov 2009 21:49:05 GMT

Baystreet.ca - Bay Street stocks climbed off the lows of the day but finished lower for a sixth time in seven sessions.

TSX unwinds early gain as RIM shares unloaded

Mon, 02 Nov 2009 18:21:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index was stuck lower on Monday afternoon as BlackBerry maker Research In Motion headlined a selloff after its shares were downgraded to a "sell" rating.

Stocks flat by noon

Mon, 02 Nov 2009 18:08:45 GMT

Baystreet.ca - The Toronto stock market was flat late Monday morning following last week's retreat and despite good U.S. economic news and a solid profit from Ford Motor Co.

TSX dragged lower as RIM shares weigh

Mon, 02 Nov 2009 18:08:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index was down 1 percent on Monday as BlackBerry maker Research In Motion headlined a selloff after its shares were downgraded to a "sell" rating.

TSX rises on U.S, data, RIM drops

Mon, 02 Nov 2009 15:57:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index turned positive on Monday morning after encouraging U.S. economic data overcame weakness stemming from a downgrade of Research In Motion .

TSX higher on economic data, Ford earns; RIM weighs down market after downgrade

Mon, 02 Nov 2009 15:39:00 GMT

The Canadian Press - TORONTO - The Toronto stock market moved into positive territory mid-morning Monday as American economic data and a solid quarterly profit from Ford Motor Co. helped balance a downturn in tech heavyweight Research In Motion Ltd. (TSX:RIM).

RIM leads TSX lower

Mon, 02 Nov 2009 15:24:50 GMT

Baystreet.ca - Canadian stocks turned lower in early trading on Monday, extending a recently seen slide. Tech stocks...

RIM weighs down TSX following downgrade; N.Y. advances on strong earns from Ford

Mon, 02 Nov 2009 15:02:00 GMT

The Canadian Press - TORONTO - The Toronto stock market was little changed Monday, depressed in early trading by heavyweight Research In Motion Ltd. (TSX:RIM) while investors took in good news from the housing sector and a solid quarterly profit from Ford Motor Co.

TSX falls at open as RIM downgraded

Mon, 02 Nov 2009 14:42:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index fell on Monday morning, dragged lower by a downgrade to Research in Motion , but strength in resource issues limited the drop.

Loonie heads higher with oil, bonds slip

Mon, 02 Nov 2009 13:40:00 GMT

Reuters - TORONTO (Reuters) - The Canadian dollar was higher against the U.S. currency on Monday on firmer commodity prices in a quiet start, but volatility could return in a week that features employment data and central bank policy meetings.

Toronto stocks may rebound on resource rally

Mon, 02 Nov 2009 13:07:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index may begin trading in November with a higher start on Monday after a steep drop the previous week, and as rising key commodity prices were expected to support the resource-laden index.

Real estate market in recovery: CMHC

Mon, 02 Nov 2009 11:58:50 GMT

CBC - Housing starts have begun to recover and should improve in the second half of 2009, according to the Canada Mortgage and Housing Corporation.

Long awaited correction on Toronto stock market could be taking hold

Sun, 01 Nov 2009 17:26:00 GMT

The Canadian Press - TORONTO - Investors will be looking to see if last week's slide on the Toronto stock market will turn out to be another buying opportunity for those looking for an entry point or the start of a long-awaited correction.

Banks, property top bets if dollar is stronger longer

Sun, 01 Nov 2009 15:33:00 GMT

Reuters - TORONTO (Reuters) - Buyers of Canadian banks, utilities, property firms and some retailers look set to become long-term winners if the country's currency -- as many predict -- resumes its recent rally to top the U.S. dollar in value.

TSX falls sharply; first monthly loss since February

Fri, 30 Oct 2009 21:16:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index broke its seven-month rally with its on Friday, as its two big resource sectors bore the brunt of the sharp decline.

TSX posts first monthly loss since February

Fri, 30 Oct 2009 20:46:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index broke its seven-month rally with a big drop on Friday, as its two big resource sectors bore the brunt of the sharp decline.

Big drop for TSX

Fri, 30 Oct 2009 20:36:34 GMT

Baystreet.ca - Canadian stocks fell sharply lower in Friday afternoon trading, mirroring drops seen in the U.S. and Europe.

TSX falls as risk appetite dented

Fri, 30 Oct 2009 20:11:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index fell on Friday as its two big resource-based sectors bore the brunt of the pressure from weaker pricing for gold and oil, while the U.S. dollar rebounded on reduced risk appetite.

Stocks plunge on worries about economic recovery; Canadian economy shrinks

Fri, 30 Oct 2009 18:13:00 GMT

The Canadian Press - TORONTO - The Toronto stock market tumbled more than 200 points mid-afternoon Friday, threatening to wipe out a strong gain from the previous session as worries mount about the strength of a U.S. economic rebound.

Resources lead slide as TSX tumbles

Fri, 30 Oct 2009 17:29:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index fell hard on Friday afternoon, unwinding all of the previous session's gains, as its two big resource-based sectors bore the brunt of the sharp decline.

TSX drops 2 percent, resources lead slide

Fri, 30 Oct 2009 16:48:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index fell hard on Friday afternoon, unwinding nearly all of the previous session's rally, as its two big resource-based sectors each dropped more than 3 percent.

TSX gives back chunk of previous gains, C$ tumbles as economy shrinks in Aug.

Fri, 30 Oct 2009 15:44:00 GMT

The Canadian Press - TORONTO - Commodity and financial stocks led the way to a sharply lower session on the Toronto stock market Friday morning amid news of an unexpected downturn in the Canadian economy during the middle of the third quarter.

TSX falls as enthusiasm over U.S. growth fades; Canadian economy shrinks in Aug.

Fri, 30 Oct 2009 14:56:00 GMT

The Canadian Press - TORONTO - The Toronto stock market was lower Friday morning but hanging on to the majority of the previous session's big gains as the Canadian economy showed unexpected weakness during the summer.