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Canadian markets news

Keystone XL writedown pushes TransCanada to $2.5-billion loss in Q4
CALGARY - TransCanada Corp. said Thursday it lost $2.5 billion in the fourth quarter - mostly because of its stalled Keystone XL pipeline proposal.
TransCanada reports $2.5B loss in 4th quarter due to Keystone XL  CBC.ca
TransCanada posts $2.5-billion loss on Keystone charge, hikes dividend  The Globe and Mail
Dollar, stocks plunge sparks scramble for safety
LONDON (Reuters) - The dollar hit a 16-month low against the yen on Thursday and headed for its worst week since the Lehman crisis as investors scrambled for relative safety, buying up gold and top-rated bonds and dumping stocks.
Dollar, global stocks trampled in stampede to safety  GlobalPost
Yen surge prompts speculation BoJ may intervene  The Fiscal Times
Precision Drilling suspends dividend, says Q4 loss more than doubled
CALGARY - Precision Drilling Corp. (TSX:PD) says uses of its rigs was cut by more than half in Canada and the United States in the fourth quarter compared with a year earlier, resulting in less cash from operations and a bigger loss.
Precision Drilling Corporation Announces 2015 Fourth Quarter Financial Results  Digital Journal
Precision Drilling reports 4th-quarter loss but tops expectations  Ottawa Citizen
TSX falls in broad retreat, gold miners gain
TORONTO (Reuters) - Canada's main stock index fell to a three-week low in early trade on Thursday, as investors broadly retreated from global stocks amid fears of financial instability while gold miners gained as bullion hit a one-year high.
Russell Investments Canada Active Manager Report: Most active investment ...  Canada NewsWire (press release)
CANADA STOCKS-Futures fall as global growth concerns hit risk appetite  Reuters
Teck Resources Ltd ekes out adjusted Q4 profit despite plunging metal prices
Teck ResourcesPrices for copper, coal and zinc have all nosedived amid concerns about growth in China, and Teck Resources had to slash costs dramatically to keep its business competitive.
Teck Resources reports fourth-quarter loss but tops expectations  Vancouver Sun
Last Time Teck Resources Ltd. Hit $5, Shares Rose 568%: Is That Possible Again?  The Motley Fool Canada
Manulife Financial Corp profit slides 62% as energy investments take a hit: 'A ...
Laura Pedersen/National Post filesOil and gas investment losses hurt Manulife Financial's fourth quarter profit. Twitter · Google+ · LinkedIn · Email · Typo?
Losses in oil and gas sector bite into Manulife's fourth-quarter earnings  Vancouver Sun
Crude's crash hits Manulife profit, may miss growth targets  bnn.ca
Yellen inspires fresh rout on global stock markets
New York's Dow Jones Industrial Average sank overnight as Yellen also appeared to play down the chances of another US interest rate hike any time soon.
Market Fears Grown On Yen Intervention Threat  MarketPulse (blog)
Gold climbs to multi-year highs as stocks bleed; hits 28000 mark  Financial Express
Job losses, dividend cuts and red ink as Alberta's oil patch staggers under ...
Postmedia NewsA truck drives by the Cenovus Birch Creek Lodge oil sands work camp near Fort McMurray, Alberta. More jobs cuts are coming.
Cenovus cuts dividend, 2016 budget, jobs again  The Globe and Mail
Cenovus plans more job cuts, spending reductions for coming year  Calgary Herald
How will Twitter's new 'relevancy over recency' algorithm affect brands?
An overhaul of its algorithm means that Twitter is now rewarding the better content, organic or paid but advertisers are braced for what could be a precursor to them having to pay to play on the channel, writes Rebecca Stewart and Seb Joseph.
Twitter: End of the Jack 'Hope' Trade; Are They Now Alphabet ...  Barron's (blog)
Twitter Woes Deepen As User Base Fails To Grow  malaysiandigest.com
CN details plan to invest $2.9B in track infrastructure, rail cars throughout 2016
MONTREAL—The Canadian National Railway Co. has announced plans to invest nearly $3 billion in its rails and rolling stock throughout 2016.
Canadian National Railway (CNI) Shares Sold by Harding Loevner LP  Financial Market News
CN 2016 capital plan shows slight increase over 2015  Railway Track & Structures