Reuters - TORONTO (Reuters) - Toronto's main stock index turned briefly lower on Friday morning as the drag from falling gold miners overshadowed gains in most other sectors, which were supported by easing fears of a U.S. double dip recession.
Reuters - TORONTO (Reuters) Toronto's main stock index rose broadly on Friday morning after closely watched U.S. employment numbers fell less than expected, assuaging fears that the U.S. economy is sliding back into recession.
Reuters - TORONTO (Reuters) Toronto's main stock index rose broadly in early trade on Friday after closely watched monthly U.S. nonfarm payroll numbers fell less than expected, assuaging fears that the U.S. economy is sliding back into recession.
Reuters - TORONTO (Reuters) - Toronto's resource-heavy main stock index looked set to rise for an eighth consecutive session on Friday, as commodity prices surged after U.S. jobs data came in stronger than expected.
Reuters - TORONTO (Reuters) - The Canadian dollar hit a session high against the greenback on Friday after closely anticipated U.S. nonfarm payroll numbers for August fell much less than expected.
Reuters - TORONTO (Reuters) - Canada's dollar held softer versus the U.S. currency, while bond prices were also lower, as caution prevailed ahead of the looming U.S. monthly jobs report on Friday.
The Canadian Press - TORONTO - Some of the most active companies traded Thursday on the Toronto Stock Exchange and the TSX Venture Exchange:
Reuters - TORONTO (Reuters) - Toronto's main stock index ended higher on Thursday after Toronto-Dominion Bank reported a higher quarterly profit and U.S. economic data added to investor optimism about the recovery.
Reuters - TORONTO (Reuters) - Canada's dollar turned lower against the U.S. currency on Thursday, giving up some of the previous session's strong gains, with market players guarded a day before a key U.S. employment report.
Baystreet.ca - The Toronto stock market was higher Thursday as further signs of U.S. economic growth helped lift most sectors, including financials even as TD Bank delivered quarterly earnings that narrowly missed expectations.
AP - Oil prices ended higher Thursday after an initial retreat as investors put a positive spin on reports about jobs, manufacturing and home sales.
AP - The number of buyers who signed contracts to purchase previously occupied homes increased in July but remained well below last year's levels, a sign that demand for housing remains weak.
Reuters - Two top U.S. Federal Reserve officials on Thursday called for a more community-focused approach to the country's ongoing foreclosure crisis, which is weighing on its economic recovery.
AP - Mortgage rates fell to the lowest level in decades for the tenth time in 11 weeks, as investors worried about the economy.
AFP - US pending home sales rose dramatically in July, a trade group said Thursday, promising a much-needed boost to the sluggish housing market.
Reuters - Pending sales of previously owned U.S. homes rose unexpectedly in July, an industry group said on Thursday, suggesting a tax credit-related housing market decline was close to bottoming.
AP - Construction spending tumbled in July to the lowest level in a decade, as the housing market struggles in the weak economy and without a popular home-buying tax credit.
AP - The economy is weakening, home sales are plunging and stocks are on a long slide. Now comes something even scarier for investors — the beginning of what is traditionally the worst month in the market.
The Canadian Press - HADDONFIELD, N.J. - During a summer of record-breaking heat through much of the U.S., the Campbell Soup Co. struggled to sell its cold weather-friendly soups, but got another boost from broth, a staple for home cooks.
The Canadian Press - NEW YORK, N.Y. - The U.S. service sector, the nation's predominant job generator, expanded for the eighth straight month in August although the pace of growth slowed, according to a trade group survey.
Reuters - TORONTO (Reuters) - Canadian market regulators are reviewing a plan used by some of the country's biggest brokerages to direct more orders to an alternative trading system they own, the Globe and Mail reported on Friday.
The Canadian Press - MONTREAL - Air Transat, the airline operated by Transat A.T. Inc. (TSX:TRZ.B), has reached a tentative labour contract with its more than 300 pilots.
The Canadian Press - TORONTO - A subsidiary of Consumers' Waterheater Income Fund (TSX:CWI.UN) has agreed to acquire Enbridge Electric Connections Inc. for $23.7 million in cash.
AFP - NEW DELHI (AFP) - Global dependency on the Organization of Petroleum Exporting Countries for crude oil will rise in the next five to 10 years as output by non-OPEC nations falls, the head of the International Energy Agency (IEA) said Friday.
Reuters - WASHINGTON (Reuters) - U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring surprised on the upside, easing pressure on the Federal Reserve to prop up economic growth.
The Canadian Press - MONTREAL - Air Transat, the airline operated by Transat A.T. Inc. (TSX:TRZ.B), has reached a tentative 48-month labour contract with its pilots.
Reuters - SYDNEY (Reuters) - Goldcorp agreed to buy Argentina-focused gold miner Andean Resources for C$3.6 billion ($3.4 billion), trumping a competing offer from fellow Canadian miner Eldorado Gold Corp .