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Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
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Loonie gains strength but remains near 11-year lows, index futures positive
– canadianbusiness.com
TORONTO – The Canadian dollar strengthened Tuesday but remained near 11-year lows.
The loonie traded at 71.84 cents US, up 0.23 from Monday’s close.
The Dow Jones futures were up 21.0 points at 17,199.0, the S&P 500 futures advanced 2.0 points to 2,016.9 and the Nasdaq gained 1.5 points to 4,564.5.
On the commodity markets, the February gold contract fell $3.40 to US$1,077.20 an ounce, the February crude contract was up nine cents at US$35.90 per barrel and the January contract for natural gas was dwon one cent at US$1.90.
On Monday, the Toronto Stock Exchange’s S&P/TSX index rose 10.08 points to end the day to 13,034.38.
The post Loonie gains strength but remains near 11-year lows, index futures positive appeared first on Canadian Business – Your Source For Business News.
The loonie traded at 71.84 cents US, up 0.23 from Monday’s close.
The Dow Jones futures were up 21.0 points at 17,199.0, the S&P 500 futures advanced 2.0 points to 2,016.9 and the Nasdaq gained 1.5 points to 4,564.5.
On the commodity markets, the February gold contract fell $3.40 to US$1,077.20 an ounce, the February crude contract was up nine cents at US$35.90 per barrel and the January contract for natural gas was dwon one cent at US$1.90.
On Monday, the Toronto Stock Exchange’s S&P/TSX index rose 10.08 points to end the day to 13,034.38.
The post Loonie gains strength but remains near 11-year lows, index futures positive appeared first on Canadian Business – Your Source For Business News.
Telus CEO and his family trust invest nearly $10 million in additional stock
– canadianbusiness.com
VANCOUVER – Telus Corp.’s president and chief executive officer, Darren Entwistle, recently invested nearly $10 million in the company’s stock.
The Vancouver-based company says Entwistle directly purchased 79,000 shares on Dec. 17 at an average price of $37.76 and his family trust purchased 180,000 shares at an average price of $37.86.
Following the purchase, Entwistle personally owns 233,865 Telus shares and 392,517 restricted stock units with a total value of about $24 million
Telus shares (TSX:T) closed Monday at $38.45 on the Toronto Stock Exchange.
The post Telus CEO and his family trust invest nearly $10 million in additional stock appeared first on Canadian Business – Your Source For Business News.
The Vancouver-based company says Entwistle directly purchased 79,000 shares on Dec. 17 at an average price of $37.76 and his family trust purchased 180,000 shares at an average price of $37.86.
Following the purchase, Entwistle personally owns 233,865 Telus shares and 392,517 restricted stock units with a total value of about $24 million
Telus shares (TSX:T) closed Monday at $38.45 on the Toronto Stock Exchange.
The post Telus CEO and his family trust invest nearly $10 million in additional stock appeared first on Canadian Business – Your Source For Business News.
Before the Bell: Markets muted after U.S. GDP report
– theglobeandmail.com
Our equities analyst looks ahead to the investment day
Encana’s asset sale to CPPIB delayed up to six months
– theglobeandmail.com
Sale of Encana’s DJ Basin oil and gas assets in Colorado was to close by the end of 2015 but that’s been pushed to the second quarter of 2016
Telus CEO, family trust buy nearly $10-million in additional stock
– theglobeandmail.com
Telecom company says Darren Entwistle directly purchased 79,000 shares on Dec. 17; trust bought 180,000 shares
