Market talk

  • Daily Market Update

    Mixed finish on Wall St., World markets broadly positive... Morgan Stanley settles probe with $2.6 billion fine... Internet firms to face tougher regulations... Spanish firm to buy UIL Holdings and expand in US...

  • TSX gains on Hudson’s Bay real estate deal, RBC earnings

    Another volatile day for oil prices may have hit energy stocks again today but the big news was in retail where Hudson’s Bay announced a real estate deal and also in the financial sector where RBC announced strong results.

  • Hudson’s Bay Co. announces joint ventures in real estate

    Hudson’s Bay Co today announced two real estate partnerships which it says will unlock the potential of its property portfolio.

  • RBC profit brings dividend hike for investors

    After yesterday’s disappointing results for BMO there was better news from the banking sector today with Royal Bank of Canada announcing first quarter net income of $2.46 billion.

  • Sears Canada reports revenue slump

    Sears Canada reported that its fourth quarter revenue was down by 17.7 per cent from a year earlier to $972.5 million.

  • Daily Market Update

    World markets mixed, Yellen speech viewed as more dovish... Oil demand is growing says Saudi minister... Apple to pay $532.9 million over iTunes copyright infringement... Housing market still ‘faltering’...

  • TSX advances on Fed patience, declines on domestic concerns

    The Toronto Stock Exchange advanced on Tuesday morning as the Fed’s Janet Yellen spoke at Congress and said that when the bank stops using the word “patient” then rate rises will be more likely, but for now the US labour market is still a concern and therefore it is unlikely that any move in monetary policy will happen for at least two Fed meetings.

  • Poloz speaks of uncertain times

    The governor of the Bank of Canada has spoken of the uncertainty of the economic climate and says that the bank is “managing” risks rather than “eliminating” them.

  • BMO first quarter results down from a year ago

    The Bank of Montreal announced its first quarter results today and revealed a net income of $1 billion, down 6 per cent from the same period last year.

  • Oilsands could lose $121 billion says analyst

    Canada’s oilsands could lose around two-thirds of their income if oil prices remain low according to analysis from research firm Wood Mackenzie.