Tags » S&P/TSX Composite Index

TSX dips on real estate and financials while Wall Street mixed after holiday

TORONTO — The Toronto stock market chalked up a small loss Tuesday amid declines in real estate and financial stocks, along with a retreat in oil prices. 417 more words

U.S. Economy

What would a Trump administration mean for Canada and the TSX?

Donald Trump is the most likely Republican candidate, and quite possibly the next president of the United States. Speculation swirling around Hillary Clinton puts the odds at 50:50 for an indictment by a grand jury for her improper use of a private email server at her home. 742 more words

Midas Letter

As Valeant goes, so goes the healthcare sector (VRX)

Valeant Pharmaceuticals International Inc. (TSE:VRX) (NYSE:VRX) is what portfolio managers call a barometer stock. Its performance on an intraday and weekly basis portends what performance can be expected in the same time frame from all healthcare stocks. 709 more words

Bill Ackman

TSX rises as Valeant Pharmaceuticals International Inc shares surge on CEO, board shakeup

TORONTO — The Toronto stock market closed with a modest gain, as Canadian pharmacare giant Valeant Pharmaceuticals announced its CEO is leaving the company.

The S&P/TSX composite index climbed 64.02 points to 13,561.09, with the health-care and utilities sectors the biggest gainers. 157 more words

Market Moves

Podcast: Detour Gold Corp CEO Paul Martin on what it takes to make a profitable mine

Paul Martin is the CEO of Detour Gold Corp, (TSX:DGC) (OTCMKTS:DRGDF), Canada’s second largest operating gold mining company. The Midas Letter Podcast spoke to him about his company’s operations, having John Paulson as an investor and whether there are any acquisitions in Detour’s future. 2,038 more words

Gold

Gary Lamphier: The oil price crash is over. Let the recovery begin

The crash is over. Now the rebuilding of Alberta’s energy-fired economy begins.

After a brutal 75-per-cent plunge between June 2014 and early February of this year, crude oil prices appear to have begun the long and painful march toward recovery. 879 more words

Local Business

TSX, Wall Street, loonie rally on oil prices, encouraging economic signs

TORONTO — A spike in oil prices helped push the Toronto stock market sharply higher, while the loonie got a solid boost from some encouraging economic data from Ottawa. 243 more words

Market Moves