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The close: TSX falls as U.S. earnings dent sentiment + MORE Oct 11th
Wall Street sells off on weak earnings, election fears
.... More »
Making sense of the markets this week: December 7 + MORE Dec 4th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Canadians with smaller portfolios are the target for deferred service charge (DSC) mutual funds
There was some good news and bad news in this article on Advisor’s Edge. Th.... More »
Intel's worst day in 50 years: Stock trading at levels not seen in a decade - CNBC Television Aug 2nd
Intel's worst day in 50 years: Stock trading at levels not seen in a decade CNBC TelevisionInte stock plummets most in 40 years, as company suspends dividend, cuts jobs amid restructuring Yahoo FinanceIntel's stock plunges as company cuts 15% of workforce, struggling to fund ch.... More »
Terminal operator announces agreement with proposed Cape Breton harbour facility + MORE Dec 13th
SYDNEY, N.S. — The biggest terminal operator in North America has signed a deal to work with Sydney harbour to develop and operate a marine container facility proposed for the Cape Breton community.
Ports America says in a news release it would manage and operate the Novaporte terminal for 40 year.... More »
Stocks mixed as Wall Street braces for Fed meeting: Stock market news today - Yahoo Finance Sep 18th
Stocks mixed as Wall Street braces for Fed meeting: Stock market news today Yahoo FinanceNot a good look for equities ahead of US trading ForexLive5 things to know before the stock market opens Monday CNBCStock market today: Wall Street drifts ahead of Fed meeting as.... More »
China takes first step to centralize control over financial regulators
– theglobeandmail.com
Repeated regulatory missteps have dented confidence as the world’s second-largest economy struggles
Toronto stock index rises modestly, loonie edges up, crude oil price advances
– canadianbusiness.com
TORONTO – The Toronto Stock Exchange began trading Tuesday on a positive note, joining American and European markets with a modest advance shortly after the open.
The S&P/TSX Composite index gained 67.41 points to 12,386.66, about half a percentage point. But Canada’s main stock market indicator has lost more than seven per cent of its value since Christmas Eve, including 126.20 points on Monday.
In New York, the advances were slightly more robust. The Dow Jones average of 30 stocks was up 113.92 points at 16,512.49, the broader S&P 500 index advanced 14.53 points to 1,938.20 and the Nasdaq gained 43.39 points to 4,326.94 shortly after the open.
Meanwhile, the FTSE 100 in London, CAC 40 in Paris and DAX index in Germany were each up more than two per cent.
On the commodity markets, the February crude contract was at US$32 a barrel, up 59 cents, and the February gold contract was down $8.70 at US$1,087.50 an ounce.
The Canadian dollar was at 70.37 cents U.S. as North American stock market opened, up 0…
The S&P/TSX Composite index gained 67.41 points to 12,386.66, about half a percentage point. But Canada’s main stock market indicator has lost more than seven per cent of its value since Christmas Eve, including 126.20 points on Monday.
In New York, the advances were slightly more robust. The Dow Jones average of 30 stocks was up 113.92 points at 16,512.49, the broader S&P 500 index advanced 14.53 points to 1,938.20 and the Nasdaq gained 43.39 points to 4,326.94 shortly after the open.
Meanwhile, the FTSE 100 in London, CAC 40 in Paris and DAX index in Germany were each up more than two per cent.
On the commodity markets, the February crude contract was at US$32 a barrel, up 59 cents, and the February gold contract was down $8.70 at US$1,087.50 an ounce.
The Canadian dollar was at 70.37 cents U.S. as North American stock market opened, up 0…
Enerplus to sell some of its Alberta natural gas property for $198 million
– canadianbusiness.com
CALGARY – Enerplus Corp. (TSX:ERF) is selling some of its Alberta natural gas assets for about $193 million.
The Calgary-based company says the properties were projected to contribute the equivalent of 5,400 barrels per day of production in 2016, almost all in the form of natural gas.
In the first nine months of 2015, Enerplus produced an average of 110,800 barrels per day, with about 45 per cent of it from crude oil and natural gas liquids.
In the fourth quarter, the completed the sale of a small portion of its interests in North Dakota for about $80 million.
The Alberta properties in the latest divestment are being sold in two separate transactions but the buyers weren’t identified in the Enerplus announcement.
Enerplus says it plans to release its 2015 year-end results on Feb. 19 and will provide an updated guidance for 2016 by then.
The post Enerplus to sell some of its Alberta natural gas property for $198 million appeared first on Canadian Business – Your Source For Business News.
The Calgary-based company says the properties were projected to contribute the equivalent of 5,400 barrels per day of production in 2016, almost all in the form of natural gas.
In the first nine months of 2015, Enerplus produced an average of 110,800 barrels per day, with about 45 per cent of it from crude oil and natural gas liquids.
In the fourth quarter, the completed the sale of a small portion of its interests in North Dakota for about $80 million.
The Alberta properties in the latest divestment are being sold in two separate transactions but the buyers weren’t identified in the Enerplus announcement.
Enerplus says it plans to release its 2015 year-end results on Feb. 19 and will provide an updated guidance for 2016 by then.
The post Enerplus to sell some of its Alberta natural gas property for $198 million appeared first on Canadian Business – Your Source For Business News.
Transat A.T. puts tour units in France, Greece on the block
– theglobeandmail.com
Travel company says its assets in Canada will not be affected
CTV NewsTSX rises modestly, loonie edges up, crude oil price advancesCTV NewsTORONTO — The Toronto Stock Exchange began trading Tuesday on a positive note, joining American and European markets with a modest advance shortly after the open. The S&P/TSX Composite index gained 67.41 points to 12,386.66, about half a …TSX could face tug-of-war Tuesday with oil, gold down, other stock markets upEdmonton JournalTSX rises, financials advance amid broad-based gainsReuters CanadaFutures Point Up for TSXBaystreet.caThe Globe and Mailall 104 news articles »
