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Canadian markets news

US Federal Reserve keeps interest rate unchanged
WASHINGTON -- The Federal Reserve appears on track to raise interest rates later this year but signalled Wednesday that it wants to see further economic gains and higher inflation before doing so.
Global stocks, dollar climb as Fed sees improving economy  Reuters
Gold Turns Higher After Fed Sows Doubts on September Rate Increase  Wall Street Journal
The Globe and Mail  
Bombardier says not in talks with Siemens on rail deal
MONTREAL/FRANKFURT (Reuters) - Canadian plane and train maker Bombardier Inc BBDb.TO denied a report on Wednesday that it is in talks with German engineering group Siemens AG SIEGn.
Bombardier denies report of rail merger with Siemens  CBC.ca
UPDATE 1-Bombardier says not in talks with Siemens on rail deal  Reuters
US sets new final rule on oil, ethanol trains
WASHINGTON, July 29 (Reuters) - The Obama administration on Wednesday released a new regulation intended to prevent explosive rail disasters such as the 2013 oil train derailment that killed 47 people and destroyed part of Lac-Megantic, Quebec.
Transport Canada approves rules to secure trains in response to Lac-M�gantic  CBC.ca
Canada, US finalize new rail safety rules to avoid future derailments  The Globe and Mail (subscription)
CANADA STOCKS-TSX jumps as investors cheer oil data; Fed in spotlight
(Updates throughout with sector details, analyst comments, market reaction). * TSX up 112.86 points, or 0.8 percent, to 14,190.22.
At midday: TSX moves higher with help from energy sector  The Globe and Mail
TSX jumps as investors cheer oil data; Fed in spotlight  Business Recorder (press release) (blog)
BMO Capital Markets Increases Centerra Gold Price Target to C$6.25 (CG)
Centerra Gold logo Stock analysts at BMO Capital Markets raised their price objective on shares of Centerra Gold (TSE:CG) from C$6.00 to C$6.25 in a report issued on Wednesday, StockTargetPrices.
Centerra Gold looks to further acquisitions  The Globe and Mail (subscription)
Centerra Gold (CG) Announces Earnings Results, Beats Expectations By $0.12 EPS  WKRB News
CGI exiting low-margin markets, eyes M&A in cyber security
TORONTO (Reuters) - CGI Group Inc, the information systems and management consultancy, said on Wednesday it would target acquisitions in cyber security while exiting some markets entirely, as it reported third-quarter profit and revenue that missed ...
CGI Group Inc weak on bookings, stronger on margins  Financial Post
UPDATE 1-CGI exiting low-margin markets, eyes M&A in cyber security  Reuters
TransUnion expects spike in debt delinquencies in Alberta, Saskatchewan
Alberta and Saskatchewan will soon see a 'sharp' increase in the number of people falling behind on their debts for the rest of this year, credit agency TransUnion says.
Alberta, Saskatchewan about to see 'sharp' increase in credit ...  Financial Post
Personal bankruptcies rise as oil prices drop: report  News Talk 650 CKOM
Alberta Insurance watchdog says personal plans won't cover Uber drivers
EDMONTON - Local Uber drivers can't get the insurance needed to make informal ride sharing work because no hybrid commercial/personal insurance policy exists in the province, Alberta's Superintendent of Insurance says.
Uber drivers should check if they are properly insured: Insurance Bureau  Toronto Sun
Questions arise about Uber's insurance after Alberta says it's ...  CTV News
Torstar places big bet on digital media company
Torstar Corp., which publishes the Toronto Star, has acquired a 56 per cent stake in digital media company VerticalScope Holdings Inc., for $200 million, the company announced Wednesday.
Torstar Corp buys 56% stake in digital media company VerticalScope Holdings ...  Financial Post
Torstar looks beyond mainstream media with 56 per cent stake in VerticalScope  The Chronicle Journal
Phase 1 of Mount Polley cleanup complete: ministry
VANCOUVER -- The company responsible for last summer's collapse of a tailings dam at the Mount Polley mine site has completed the first stage of a massive recovery operation.
Phase 1 cleanup done at site of B.C.'s Mount Polley mine disaster: ministry  Winnipeg Free Press
Phase 1 of cleanup done at B.C. mine disaster  Grand Forks Gazette