Thursday, December 12, 2019

 


TSX Financials Capped Index
(INDEX-TSX: $TTFS) Add to Portfolio
315.72
+0.34 (+0.11%)
as of 17:02 EST

TORONTO — An analyst says the insider group behind a privatization bid for Hudson's Bay Co. will need to boost its offer to convince minority shareholders to vote for the proposal.  (full story)
HBC.TO: 8.65 (+0.22)
WASHINGTON — The Trump administration and China are close to finalizing a modest trade agreement that would suspend tariffs that are set to kick in Sunday, de-escalating their 17-month trade war.  (full story)
 
MONTREAL — Transcontinental Inc. beat expectations even though its core earnings fell in the fourth quarter due to lower revenues from ongoing challenges in its printing sector.  (full story)
TCL-A.TO: 13.71 (+0.96)
NEW YORK — The Federal Communications Commission is setting up a new three-digit number to reach a suicide prevention hotline.  (full story)
 
MANCHESTER, N.H. — Elizabeth Warren says other Democratic presidential hopefuls are too quick to accept Republican calls for unity rather than standing up to the rich and are bending to the whims of their own wealthy donors. The sharp contrast she's drawing is more evidence that the simmering  (full story)
 
Hybrid cars are taking up a growing share of new auto purchases as options increase and prices come down. But to figure out if a hybrid makes financial sense, consumers need to do some math.  (full story)
 
TORONTO — Royal Bank of Canada has signed a deal to sell its banking operations in the Eastern Caribbean to a consortium of indigenous banks in the region.  (full story)
RY.TO: 103.75 (+0.02)
BRUSSELS — European Union leaders are set to reject a maritime border agreement between Turkey and Libya as invalid and insist that the pact interferes with the rights of other countries bordering the Mediterranean Sea, according to a draft summit statement.  (full story)
 
WASHINGTON — U.S. wholesale prices were unchanged in November as the rise in energy costs slowed following a big gain in the previous month.  (full story)
 
TOKYO — Global shares were mixed Thursday after central banks in Europe and the U.S. said they will leave interest rates unchanged for the time being.  (full story)
 
MONTREAL — Transat AT Inc. earned $20.3 million in its latest quarter as it worked to complete the takeover of the travel company by Air Canada, up from $6.8 million a year ago  (full story)
 
DALLAS — Southwest Airlines will share about $125 million from a Boeing settlement with its workers.  (full story)
 
STELLARTON, N.S. — Empire Co. Ltd. says it earned $154.6 million in its latest quarter, up from a profit of $103.8 million in the same quarter last year.  (full story)
EMP-A.TO: 31.60 (-3.25)
 (full story)
 
RIYADH, Saudi Arabia — Shares in Saudi Aramco gained on the second day of trading Thursday, propelling the oil and gas company to a more than $2 trillion valuation, where it holds the title of the world's most valuable listed company.  (full story)
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