eMediaWorld – Canadian Stocks Edge Down At Open, RIM Under Fire

October 13, 2011 7:20 AM23 comments
eMediaWorld – Canadian Stocks Edge Down At Open, RIM Under Fire

Canadian stocks moved lower at the opening bell on Bay Street Thursday, as investors booked profits after strong recent gains. The S&P/TSX Composite Index was down 145.68 points, or 1.2 percent, to 11,884.28. The decline pared most of yesterday’s gains. On Wednesday, the TSX closed above 12,000 for the first […]

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eMediaWorld – Canadian Market News Canadian Stocks Surge On Europe Hopes, Metal Prices

October 12, 2011 7:00 AM38 comments
eMediaWorld – Canadian Market News Canadian Stocks Surge On Europe Hopes, Metal Prices

Canadian stocks rallied on Tuesday, led by banks and resource producers amid hopes that Germany and France will lead a rescue of the Euro area. The S&P/TSX Composite Index rose 287.19 points or 2.48 percent to 11,875.55, after inspectors in Europe recommended that Greece get its next installment of bailout […]

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TSX surges 266 points on signs Europe set to tackle bank problems

October 11, 2011 12:07 PM40 comments
TSX surges 266 points on signs Europe set to tackle bank problems

TORONTO – The Toronto Stock Market was up sharply Tuesday as traders bought up stocks across all sectors on rising hopes that European leaders will strengthen eurozone banks. The S&P /TSX composite index jumped 265.59 points to 11,853.95 as traders got back to work after the long Thanksgiving weekend while […]

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eMediaWorld – Canadian Market Reports

7:57 AM93 comments
eMediaWorld – Canadian Market Reports

After failing to sustain an initial downward move, stocks have turned in a lackluster performance over the course of morning trading on Tuesday. The major averages have turned mixed on the day after ending the previous session sharply higher. While profit taking contributed to the initial downward move on Wall […]

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TSX opens up more than 2 percent after holiday

6:30 AM40 comments
TSX opens up more than 2 percent after holiday

Toronto’s main stock market index opened stronger, then jumped more than 2 percent on Tuesday, bolstered by a rise in global markets on Monday when the TSX was closed for the Canadian Thanksgiving holiday. The Toronto Stock Exchange ‘s S&P/TSX composite index was up 228.94 points, or 1.98 percent, at […]

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Canadian Stocks Pare Weekly Gains As Miners Slide

October 10, 2011 10:53 AM45 comments
Canadian Stocks Pare Weekly Gains As Miners Slide

Canadian stocks ended a choppy week on a fairly downbeat note Friday, paring strong gains from the previous session as energy and mining shares weakened. Despite encouraging jobs figures from the U.S. and Canada, at last check the S&P/TSX Composite Index was down 183.61, or 1.56 percent, to 11,596.46, after […]

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TSX May Open Higher; Unemployment Drops

October 7, 2011 7:58 AM48 comments
TSX May Open Higher; Unemployment Drops

Canadian stocks are poised for a positive open Friday amid encouraging jobs data from both sides of the border. While Canadian employment rose sharply in September, with most of the gains coming in full-time positions, data from south of the border revealed that U.S. economy added more jobs than expected. […]

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TSX surges, commodities climb on hopes Europe can contain debt crisis

October 6, 2011 11:20 AM59 comments
TSX surges, commodities climb on hopes Europe can contain debt crisis

TORONTO – The Toronto stock market soared more than 300 points mid-afternoon Thursday with strong support coming from the resource sector as prices for copper and oil ran ahead amid high hopes for a new plan by Europe to shore up its banks. The S&P/TSX composite index gained 325.02 points […]

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TSX Looks To Extend Gains At Open Thursday

8:46 AM46 comments
TSX Looks To Extend Gains At Open Thursday

Canadian stocks may extend gains at open Thursday amid firm commodities and encouraging cues from the global equity markets. Stocks across Asia ended higher overnight, while European markets were trading in positive territory as investors cheered news that European officials are strengthening efforts to shore up the euro zone’s banking […]

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