Wednesday, January 29, 2020


TSX Industrials Capped Index
(INDEX-TSX: $TTIN) Add to Portfolio
+2.60 (+0.88%)
as of Jan 28, 2020

Shares advanced in most Asian markets on Wednesday after a rebound on Wall Street that reversed most losses from a sell-off the day before.  (full story)
CHICAGO — A U.S. judge Tuesday sentenced a socially awkward math whiz-turned-futures trader who earned tens of millions of dollars over several years and helped trigger a U.S. stock market “flash crash” from his parents’ suburban London home to time served and a year's home c  (full story)
It was a happy holiday at Starbucks, but the company's sales momentum could start to slow due to the coronavirus outbreak in China.  (full story)
SAN FRANCISCO — Apple is still reaping huge profits from the iPhone while mining more moneymaking opportunities from the growing popularity of its smartwatch, digital services and wireless earbuds.  (full story)
MONTREAL — The country's largest railway says profits plunged last quarter, when a week-long strike and thinner freight demand dented revenues.  (full story)
CNR.TO: 123.47 (+1.25)
OTTAWA — Shopify Inc. says it will hire 1,000 people in Vancouver and open its first permanent office in the city in late 2020.  (full story)
SHOP.TO: 615.42 (+20.55)
BOUCHERVILLE, Que. — Lowe's Companies Inc. says it has appointed the head of its western region as president of its Canadian operations, which is shrinking with the closure of 34 underperforming stores across six provinces.  (full story)
TORONTO — Investors have endorsed the all-stock sale of Detour Gold Corp. to Canadian rival Kirkland Lake Gold Ltd. in a deal worth $4.34 billion based on the buyer's closing stock price on Monday.  (full story)
Canadian companies are starting to feel the pinch of the coronavirus epidemic as they call off trips and watch their stock value slide.  (full story)
TORONTO — North American stock markets rebounded a day after plunging on worries that economic growth will be hurt by the coronavirus outbreak in China.  (full story)
NEW YORK — U.S. stocks are rising in morning trading Tuesday as investors shifted money into technology companies following a broad sell-off a day earlier over fears that the spread of a deadly virus in China could affect the global economy.  (full story)
OTTAWA — Statistics Canada says a study of more than 10,000 Canadian boards shows the majority were composed entirely of men in 2016 and 2017.  (full story)
TORONTO — Superior Plus Corp. has decided to not sell its specialty chemicals business following a strategic review of the operations.  (full story)
SPB.TO: 11.74 (-0.94)
When Toronto-based Autumn Hachey first spotted her apartment in the west-end neighbourhood of Parkdale on Kijiji, she knew she had a potential project on her hands.  (full story)
TORONTO — A special committee of Hudson Bay's board is reaffirming its endorsement of a buyout of shares to take the company private after receiving an updated valuation, one of the conditions of a deal that was announced earlier this month.  (full story)
HBC.TO: 10.93 (unch)
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