Oil slips as stockpiles increase, TSX jumps anyway... Interest rates held as stronger global economy is forecast... Debt, delinquency rates rise in oil producing provinces...
Thursday brings a glut of economic data that investors will be watching closely.
William Ackman has taken a $5.5 billion stake in Mondelez International and may be eyeing a takeover.
General Motors’ Chinese unit has released sales data showing a drop of 4 per cent over the last 12 months but profit is holding up well.
The CEO of mining firm Rio Tinto said Thursday that iron ore capacity will see 120 million tonnes leaving the market this year.
The stocks of Canada’s energy firms were boosted for the second straight day as oil prices showed some recovery before turning downwards again.
The markets weren’t expecting the news but it was good for morale when it came
Laura’s Shoppe Inc. has filed for creditor protection and says it aims to restructure.
Indigo Books & Music says the weakened Canadian dollar has cost it $3 million from its bottom line.
Investors are betting on the Fed increasing interest rates in September and key jobs data this week is in focus.