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Valeant now worth more than TD Bank as drugmakers surge
Valeant Pharmaceuticals International Inc. is one step closer to the top after leapfrogging Toronto- Dominion Bank to become Canada’s second-largest stock.
Posted on 5-28-2015 at 12:46 PM
Top Picks from Patrick Horan: Martinrea, Sirius XM Canada, and *Short* Saputo
Top Picks from Patrick Horan, principal at Agility Capital.
Posted on 5-28-2015 at 12:08 PM
Andrew McCreath: Teck dividend at risk as coal prices languish
BNN markets commentator Andrew McCreath says with metallurgical coal trading at $85 per tonne, a weakening Canadian dollar might be the only thing that could save Teck Resource’s dividend.
Posted on 5-28-2015 at 11:51 AM
OPEC sees rivals boosting oil output despite weak prices
The North American oil boom is proving resilient despite low oil prices, producer group OPEC said in its biggest and most detailed report this year, suggesting the global oil glut could persist for another two years.
Posted on 5-28-2015 at 10:02 AM
Teck to idle Canadian coal operations as demand slumps
The temporary shutdowns will take place in the third quarter, according to the Vancouver-based company. The move will cut metallurgical coal production by about 1.5 million metric tons, or 22 percent, in the quarter.
Posted on 5-28-2015 at 9:05 AM
Alberta wildfire threat grows as blaze moves toward oil sands
Northern Alberta firefighters are battling a wildfire that has moved within 5 kilometres of Cenovus Energy Inc.’s oil sands operations.
Posted on 5-28-2015 at 8:12 AM
Avago to buy Broadcom for $37B in biggest chipmaker deal ever
Avago will pay $17 billion of cash and $20 billion in stock in the transaction, the companies said in a statement. The offer values Broadcom at $54.50 per share in cash.
Posted on 5-28-2015 at 7:37 AM
Vale may sell potash assets in Saskatchewan
In addition to potash mines in South America, the Brazilian mining company owns a big potash development project and slew of fertilizer concessions in Saskatchewan, the world’s biggest producer of potash – a crop nutrient.
Posted on 5-28-2015 at 7:26 AM

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