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TransCanada raises dividend despite oil slump
TransCanada Corp, Canada's second-largest pipeline company, raised its dividend at a time when most energy companies are scaling back shareholder payouts, as long-term contracts shield the company from weak commodity prices.
Posted on 2-11-2016 at 9:45 AM
Teck Resources falls to $459-million loss, takes writedown
Canadian miner Teck Resources reported a fourth-quarter loss, hurt by lower commodity prices and an asset impairment charge of $536 million.
Posted on 2-11-2016 at 9:32 AM
Stocks tumble as economic uncertainty intensifies
Canada's main stock index fell on Thursday for a fifth straight session, hitting a three-week low as disappointing corporate earnings added to broad investor unease about the global economy.
Posted on 2-12-2016 at 12:00 AM
U.S. oil hits 12-year low on stockpile surge
U.S. crude slid on Thursday, hitting 12-year lows as domestic stockpiles grew.
Posted on 2-11-2016 at 4:10 PM
Telus profit falls 16% as increased competition takes a toll
Telus Corp. reported a 16 per cent fall in quarterly profit, hurt by increased competition and weaker demand for its wireless services.
Posted on 2-11-2016 at 8:18 AM
Manulife issues profit warning as oil's plunge hurts bottom line
Manulife Financial Corp. reported a steep drop in quarterly and annual profits on Thursday as falling energy prices weighed on the company’s investments. If that trend persists, the insurer said it may not be able to meet its growth targets this year.
Posted on 2-11-2016 at 8:04 AM
Cenovus cuts more jobs, slashes payout, spending
Oil producer Cenovus Energy Inc posted a bigger-than-expected quarterly loss and announced a fresh round of cuts to its quarterly dividend, 2016 capital budget and work force, as it tries to shore up finances amid an incessant fall in oil prices.
Posted on 2-11-2016 at 7:40 AM
Global stocks tumble as economic uncertainty intensifies
Investor anxiety is ripping across the markets again this morning. Major European indices are deep in the red, Hong Kong’s Nikkei sank again, and U.S. futures are pointing to a sharp drop.
Posted on 2-11-2016 at 7:21 AM

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