Daily News

Canada's main stock index fell more than 300 points Wednesday amid a broad-based decline, while U.S. markets also slid.  Fitch Ratings cut the U.S. government’s credit rating from AAA to AA+ and that news was the focus for Wednesday, said Anish Chopra, man...

Robert Gill, senior vice president and portfolio manager, Goodreid Investment Counsel FOCUS: Canadian large caps MARKET OUTLOOK: Right now is a great time to buy Canadian equities. The S&P/TSX Composite Index is offering some very attractive opport...

Shopify Inc. says it recorded a US$1.3 billion loss in its most recent quarter as the company laid off 20 per cent of staff and sold its logistics business. The Ottawa-based e-commerce company says the net loss in its second quarter compared with a net los...

Nutrien Ltd. reported second-quarter net earnings of US$448 million, down from US$3.6 billion a year earlier. The Saskatoon-based company says sales were US$11.7 billion, down from US$14.5 billion during the same quarter last year. Diluted net earnings...

The stock market sold off as hot jobs data and a ramp-up in Treasury issuance just a day after a U.S. credit downgrade caused traders to retreat following a US$6.5 trillion rally. Equities fell across the board, with the S&P 500 notching its worst day sinc...

As shares of EQB Inc., the owner of EQ Bank, are trading higher following its latest earnings release, the firm’s top executive says it’s outperforming major banks publicly listed in both Canada and the U.S.  As of Wednesday afternoon, shares for the Toron...

Spin Master Corp. says it earned US$28 million in the second quarter, down from US$88.1 million a year earlier. The Toronto-based toy and entertainment company says revenue was US$420.7 million, down from US$506.3 million during the same quarter last year....

Employees are feeling stressed, and that's with many not even considering how AI will change their jobs We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our...

First National also beats earnings expectations Equitable Bank reported its best ever quarterly earnings per share in the second quarter as high interest rates push Canadians to look for alternatives to traditional banking....

Joins Federal Reserve in reversing forecast for downturn Economists at Bank of America Corp. revoked their forecast for a recession in the United States, becoming the first large Wall Street bank to officially reverse its call amid growing opti...