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Magna shares close down 17% after Q4 results hit by production volatility, costs
TORONTO — Shares of Magna International Inc. closed down 17 per cent Friday after fourth-quarter results, hit by production volatility and other costs, came in below expectations.
Feb 10, 2023 5:50 PM
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Texas AG settles with former aides who reported him to FBI
DALLAS (AP) — Texas Attorney General Ken Paxton has agreed to apologize and pay $3.3 million in taxpayer money to four former staffers who accused him of corruption in 2020, igniting an ongoing FBI investigation of the three-term Republican.
Feb 10, 2023 5:21 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,612.12, up 14.37): Enbridge Inc. (TSX:ENB). Energy. Up $1.25, or 2.36 per cent, to $54.15 on 14.3 million shares. Suncor Energy Inc.
Feb 10, 2023 5:19 PM
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Nova Scotia pulls ahead in Atlantic Canadian race to supply Germany with green energy
PORT HAWKESBURY, N.S. — A massive hydrogen and ammonia plant has been approved in Cape Breton, giving Nova Scotia a leg up in an Atlantic Canadian race to develop green energy for eager German buyers.
Feb 10, 2023 5:10 PM
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S&P/TSX composite largely unchanged Friday; U.S. markets mixed
TORONTO — Canada's main stock index was largely unchanged Friday with gains in industrials and energy partially offset by weakness in technology and metals, while U.S. markets were mixed. The S&P/TSX composite index was up 14.37 points at 20,612.
Feb 10, 2023 4:47 PM
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New Enbridge CEO says Canada is missing opportunities as world cries out for energy
CALGARY — The new CEO of pipeline giant Enbridge Inc. says regulatory uncertainty in this country has resulted in a "lost decade" for Canadian liquefied natural gas production.
Feb 10, 2023 4:44 PM
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Wall Street ekes out modest gains, still falls for the week
NEW YORK (AP) — Stocks drifted to a mostly higher close on Wall Street but still closed out their worst week since December. The S&P 500 rose 0.2% Friday. Weakness in tech stocks pulled the Nasdaq composite down 0.6% while the Dow closed 0.
Feb 10, 2023 4:09 PM
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WestJet pilots file for federal conciliation; months of contract talks unsuccessful
CALGARY — The union that represents pilots at WestJet says it is asking for federal assistance after months of failing to reach a contract agreement with the airline.
Feb 10, 2023 3:55 PM
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Canadian labour market shows no signs of slowing despite high interest rates
OTTAWA — The Canadian labour market is showing no signs of slowing despite high interest rates, a trend that may force the Bank of Canada to raise rates further if it continues.
Feb 10, 2023 3:25 PM
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Indigo offers fresh details on cyberattack as profit slips in latest quarter
Canadian bookstore chain Indigo Books & Music Inc.
Feb 10, 2023 3:18 PM
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