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A collection of news and information related to Toronto Stock Exchange published by this site and its partners.
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Sears Canada to close two high-profile stores, eyes third
ReutersTORONTO, June 14 (Reuters) - Hard-pressed department store chain Sears Canada Inc said on Friday it will close two high-profile Toronto area locations, selling back the leases for about C$191 million ($188 million), a move that lifted its shares as much...Tags: Toronto (Canada), Canada, Target, Stock Market, Financial Markets
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CANADA STOCKS-Financials, materials lead TSX lower
ReutersTORONTO, June 14 (Reuters) - Canada's main stock index retreated on Friday, capping off its third-straight losing week as financials and materials stocks led a broad selloff. The Toronto Stock Exchange's S&P/TSX composite index ended down 89.77 points,...Tags: Toronto (Canada), Canada, Stock Market
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CANADA STOCKS-TSX falls as stimulus concerns weigh on banks
ReutersTORONTO, June 14 (Reuters) - Canada's main stock index slipped in early Friday trade, led by declines in financials and industrials, as investors fretted about a possible pullback in global central bank stimulus programs. The Toronto Stock Exchange's S&P/...Tags: Toronto (Canada), Canada, Stock Market
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CANADA STOCKS-TSX rallies on news of Safeway deal
ReutersTORONTO, June 13 (Reuters) - Canada's main stock index rebounded on Thursday after days of weakness as worries about central bank stimulus were offset by a jump in Empire Co Ltd , which is buying Safeway Inc's Canadian assets for $5.7 billion. The...Tags: Toronto (Canada), Canada, Stock Market, Safeway Inc., Empire Company Limited
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CANADA STOCKS-TSX jumps 1 percent as data reverses sentiment
ReutersTORONTO, June 13 (Reuters) - Canada's main stock rose more than 1 percent on Thursday, led by financial stocks, as bullish U.S. economic data lifted market sentiment and spurred a jump in almost every major sector. In mid-afternoon trading, the Toronto...Tags: Toronto (Canada), Canada
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CANADA STOCKS-TSX opens lower as stimulus concerns weigh
ReutersTORONTO, June 13 (Reuters) - Canada's main stock index opened lower on Thursday as worries that global central banks might start dialing back their easy monetary stimulus programs caused declines in almost every major sector. The Toronto Stock Exchange'...Tags: Toronto (Canada), Canada, Stock Market
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CANADA STOCKS-TSX turns higher as Empire jumps after takeover move
ReutersTORONTO, June 13 (Reuters) - Canada's main stock index turned positive on Thursday as a jump in Empire Co Ltd after the Sobeys operator said it will buy Safeway Inc's Canadian assets helped offset central bank stimulus worries. The Toronto Stock...Tags: Toronto (Canada), Canada, Stock Market, Safeway Inc., Empire Company Limited
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Empire shares jump after it pulls off 'coup of the year'
ReutersTORONTO, June 13 (Reuters) - Shares of Empire Co jumped as much as 14 percent in early trading on Thursday, following what was seen as a game-changing deal by the operator of Canadian grocery chain Sobeys to acquire Safeway Inc's assets in Canada. The...Tags: Toronto (Canada), Canada, Safeway Inc., Empire Company Limited
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Alacer Gold hoping to sell Australian assets; shares jump
ReutersJune 13 (Reuters) - Shares of Alacer Gold Corp rose nearly 9 percent on Thursday after the mid-tier gold miner said it was looking to sell its Australian assets and focus on mining and exploring in Turkey. The company said late on Wednesday that it had...Tags: Gold and Precious Material, Metal and Mineral
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Niko says proved reserves rise 160 percent
ReutersJune 13 (Reuters) - Canadian oil and natural gas producer Niko Resources Ltd said its proved reserves increased by 160 percent, and that a recent gas discovery in the D6 block off India's east coast could add significantly to future reserves. Niko shares...Tags: India, Pakistan, Niko Resources Limited, BP Plc, Trinidad and Tobago
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Imperial says decision on Nova Scotia refinery's future due soon
Reuters* Refinery decision to come "in next few weeks" * Company said in October buyer interested * Shares rise 1.6 pct CALGARY, Alberta, June 13 (Reuters) - Imperial Oil Ltd , Canada's largest oil refiner, said on Thursday a final decision on the future of...Tags: Imperial Oil Limited, Exxon Mobil Corporation, Upstream Oil and Gas Activities
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Royal Bank of Canada seeks wealth acquisitions valued up to C$5 billion: CFO
ReutersTORONTO (Reuters) - Royal Bank of Canada could make wealth management acquisitions valued up to $5 billion, the bank's chief financial officer said on Wednesday. The bank is looking to add capacity in asset management on the equity side "given where...Tags: Morgan Stanley Dean Witter & Company, Corporate Officers, Toronto (Canada), Canada, Royal Bank of Canada
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