Stocks to Watch: Eli Lilly, PG&E, Dollar Tree, Netflix, AMD
Here are some of the companies with shares expected to trade actively in Monday’s session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately. Eli Lilly & Co. —Down 1.5% premarket: Eli Lilly said it is buying Loxo Oncology for $235 a share—a 68% premium from Friday’s closing […]
TSX rises in first full week of trading; loonie hits four-week high
TORONTO — Canada’s main stock index began the first full trading week of 2019 higher as it got a push from ongoing crude oil price hikes while the loonie hit a four-week high. The fragility of the past few weeks, including a rocky end to 2018 and volatility to start the new year, gave way […]
Battling container ship fire
A second offshore support vessel has arrived off Canada’s east coast to help fight a fire that has been burning for days aboard a large container vessel bound for Halifax. “Several containers are still burning,” Tim Seifert, a spokesman for the international shipping company Hapag-Lloyd, said in an email Monday from Hamburg, Germany. “The focus is […]
More time to fix solitary law
The Court of Appeal of British Columbia has given the federal government more time to fix its solitary confinement law after a lower court declared the law unconstitutional last year. The B.C. Supreme Court ruling last January gave Ottawa a year to enact replacement legislation, and the Appeal Court has now extended the deadline to […]
Bell wants more of your info
Canada’s largest telecommunications group is getting mixed reviews for its plan to follow the lead of companies like Google and Facebook in collecting massive amounts of information about the activities and preferences of its customers. Bell Canada began asking its customers in December for permission to track everything they do with their home and mobile […]
Oil prices rebound, buoying loonie and Canadian stocks
As OPEC production cuts kick in, benchmark contract has been rising After a sharp downturn in December, oil prices have recovered, with the benchmark North American contract nearing the key $50 US a barrel threshold, before sinking back again. The West Texas Intermediate contract was up 73 cents at the close of trading on Monday […]