Stocks to Watch: Centerra Gold Inc. (TSX:CG) Up +6.57%
At close of market on Monday, Centerra Gold Inc. (TSX:CG) stock finished trading at +6.57%, bringing the stock price to $8.11 on the Toronto Stock Exchange. The stock price saw a low of $7.99 and a high of $8.20. The company’s stock was traded 5,199 times with a total of 1,546,004 shares traded. Centerra Gold […]
Stocks to Watch: Encana Corporation (TSX:ECA) Down -1.10%
At close of market on Monday, Encana Corporation (TSX:ECA) stock finished trading at -1.10%, bringing the stock price to $7.17 on the Toronto Stock Exchange. The stock price saw a low of $7.03 and a high of $7.23. The company’s stock was traded 9,970 times with a total of 6,697,621 shares traded. Encana Corporation has […]
Quebec firm Group Mach makes rival offer for Transat
Transat announced last month it was in exclusive talks with Air Canada Quebec real estate developer Group Mach Inc. has made a takeover bid for Transat AT Inc. worth $14 per share or $527.6 million in cash, seeking to cut off Air Canada’s ongoing talks with the tour operator and convince the Quebec government to […]
CN Rail boosts profit goals
Canadian National Railway Co. is nudging up its three-year financial targets with predicted low double-digit growth in earnings per share, though it sees weaker volume growth this year. The bumped-up profit forecast for 2020 to 2022 exceeds the prior target of 10 per cent annual growth. The Montreal-based railway reiterated its 2019 earnings per share […]
U.S. stocks, TSX surge
The strength in the financial sectors helped lift Canada’s main stock index, while U.S. stock markets surged higher amid optimism the U.S. and Mexico could avoid a trade fight. The S&P/TSX composite index was up 47.37 points at 16,063.26 47.37. In New York, the Dow Jones industrial average was up 415.84 points at 25,235.62. The […]
Trade war darkens economic forecasts for Canada
National Bank, Bank of America Merrill Lynch cut growth forecasts for 2019 Two big banks cut Canada’s growth forecasts on rising trade tensions this week, and others could follow suit if the new U.S. tariffs against Mexico are implemented next week. Economists at Bank of America Merrill Lynch revised Canada’s growth forecast from 1.5 per cent […]