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Shares in Birchcliff Energy down more than 9% after cutting dividend in half
CALGARY — Shares of Birchcliff Energy Ltd. fell more than nine per cent in trading on Thursday after the company cut its quarterly dividend in half and lowered its expectations for capital spending and production for the year.
Jan 18, 2024 2:52 PM
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S&P/TSX composite posts small gain while U.S. stock markets rise, led by Nasdaq
TORONTO — Strength in industrial stocks helped Canada's main stock index post a small gain Thursday, while U.S. markets rose, more than reclaiming Wednesday's losses. The S&P/TSX composite index closed up 61.71 points at 20,756.73.
Jan 18, 2024 2:45 PM
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Stock market today: Wall Street rises to erase most of its loss for the week so far
NEW YORK (AP) — Wall Street bounced back to recoup almost all the losses it suffered earlier in the week. The S&P 500 rose 0.9% following back-to-back drops that kicked off this holiday-shortened week. The Dow gained 0.
Jan 18, 2024 2:03 PM
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TD expects $141 million from Schwab holdings as U.S. banks report earnings
TORONTO — TD Bank Group says it expects to earn about $141 million in equity net income in its first quarter of 2024 from its holdings in Charles Schwab as U.S. banks report earnings.
Jan 18, 2024 1:38 PM
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AI is the buzz, the big opportunity and the risk to watch among the Davos glitterati
DAVOS, Switzerland (AP) — Artificial intelligence is easily the biggest buzzword for world leaders and corporate bosses diving into big ideas at the World Economic Forum’s glitzy annual meeting in Davos.
Jan 18, 2024 1:08 PM
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Extreme cold weather causing oil spills in North Dakota; 60 reports over past week
BISMARCK, N.D. (AP) — Bitter cold weather is causing a rash of spills in the oil fields of North Dakota as well as a slowdown in production, regulators say.
Jan 18, 2024 11:47 AM
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Biden says US strikes against Houthi rebels will continue as bombardment has yet to deter militants
WASHINGTON (AP) — President Joe Biden said Thursday that U.S.
Jan 18, 2024 11:44 AM
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Deadline to get partial CEBA forgiveness arrives as business groups warn of closures
The deadline for Canadian businesses to qualify for partial forgiveness of pandemic-era loans has arrived, as business groups warn struggling firms need more time to repay their debt.
Jan 18, 2024 11:11 AM
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Flight delayed? Baggage lost? Here's how to apply for compensation
Chad Rose was slated to take an afternoon flight from London, Ont., to Ottawa when WestJet cancelled his trip the day of. The airline put him in a taxi to Toronto's Pearson airport during rush hour for an evening departure instead.
Jan 18, 2024 11:09 AM
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Loblaw discount reduction not evidence of grocery collusion: competition expert
Loblaw’s recent move to reduce discounts on last-day sale items is a normal practice in the industry, not a sign of collusion, according to an expert in Canadian competition.
Jan 18, 2024 9:52 AM
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