Daily News

Rogers Communications Inc. is facing opposition from some creditors over its plans to extend the deadline to wrap up the purchase of a smaller rival. The Toronto-based cable and wireless firm is seeking approval from investors holding US$9.35 billion of ei...

Canada's main stock index gained more than 150 points Thursday and U.S. markets also edged higher in advance of a highly anticipated meeting of the U.S. Federal Reserve in Jackson Hole, Wyo. The S&P/TSX composite index closed up 150.96 points at 20,172.34,...

Lorne Steinberg, president, Lorne Steinberg Wealth Management FOCUS: Global value stocks and high-yield bonds  MARKET OUTLOOK: Rising interest rates and high commodity prices are starting to negatively impact the economy, most notably residential r...

Investors continued to pull their money out of Canadian mutual funds in July. The latest data from the Investment Funds Institute of Canada (IFIC) showed there was a net redemption of $4.5 billion from equity and bond mutual funds in the month. That follow...

Short the UK pound and buy currencies from commodity exporters, such as the Canadian dollar, is a trading strategy recommended by Jefferies Financial Group Inc.  Strategists at the bank are telling clients that there’s still time to profit from the economi...

As return rates of guaranteed investment certificates (GICs) rise, they’re providing an alternative for investors who have for years been forced to put their money into the stock market to find any sort of meaningful yield, according to the head of one Bay St...

There are very few sectors in the Canadian stock market that are attractive to JF Tardif, he said, as investors remain “too complacent” in the face of rising recession risks. “We're not quite seeing, right now, a recession in my opinion. And a lot of the s...

Hedge funds ramped up bets on megacap US tech stocks and whittled down overall holdings to focus on favored names last quarter, with conviction climbing back to levels seen at the start of the pandemic, according to Goldman Sachs Group Inc. The funds boost...

North American stock markets were largely flat Wednesday as investors took a breather in advance of Friday's meeting of the U.S. Federal Reserve in Jackson Hole, Wyo. The S&P/TSX composite index was up 36.03 points at 20,021.38. In New York, the Dow Jon...

Darren Sissons, vice-president and partner, Campbell, Lee & Ross  FOCUS: Global and technology stocks   MARKET OUTLOOK: The markets have entered a period of heightened volatility that will continue for the foreseeable future. That volatility spike...