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Canadian markets news

At midday: Dow, TSX fall on weak China factory data
Canadian equities tumbled on Tuesday, after the worst month in nearly a year, as the economic malaise that has gripped stock markets around the world continued into September.
Another global decline sweeps through markets  CTV News
Toronto market plunges, joining global decline in stocks  Toronto Star
Reuters Canada  
900 energy sector jobs being shed by ConocoPhillips, Penn West
ConocoPhillips Canada is cutting 15 per cent of its workforce: 400 Canadian employees and 100 contractors; most are in Calgary. Penn West Petroleum Ltd.
Penn West Suspends Dividend While Pengrowth Halves Its Payout  Wall Street Journal
Penn West cuts 400 jobs, mostly in Calgary; suspends dividend, delays projects  Vancouver Sun
PayPal launches peer-to-peer payments
TORONTO - PayPal is introducing a new interpersonal payment service in Canada that it says will make IOUs a thing of the past. Users who sign up for PayPal.
PayPal.Me Peer-to-Peer Payments Service Launched  NDTV
PayPal Launches Service That Will Compete With Venmo, a Company It Owns  Gizmodo
More than half of Canadians have less than $10K set aside for emergencies: BMO
TORONTO - Canadians on average are socking away more money for potential financial emergencies than in the past, but a new survey has found that almost a quarter are still living paycheque to paycheque.
Many Canadians living paycheque to paycheque  Benefits Canada
Quarter of Canadians living paycheque to paycheque: BMO poll
Former hospital clerk in Toronto pleads guilty to selling personal data of ...
TORONTO - A former clerk at the Rouge Valley Hospital in the Greater Toronto Area has pled guilty to copying the personal data of maternity patients and selling them to Registered Education Savings Plan (RESP) representatives.
Hospital clerk pleads guilty to stealing, selling patient records  Toronto Star
Former hospital clerk pleads guilty in case of maternity ward data sold to ...  Financial Post
John Tory vows to hold Trump tower owner accountable for closures
Toronto Mayor John Tory has vowed to get to the bottom of what's happening at the top of the Trump International Hotel and Tower Toronto.
Road closures extended around Trump tower antenna  Toronto Star
Toronto's mayor calls for investigation into unstable Trump Tower ...  National Post
Gas price jumps in GTA
If you're planning on getting gas, do it today before the price goes up four cents per litre overnight. Dan McTeague, of TomorrowsGasPriceToday.
Gas Prices To Rise Yet Again  640 Toronto News
Happy Valley-Goose Bay thief settles for two dozen beer in brazen break-in
A man went through a lot of effort to break into Voisey's Bakery and Convenience in Happy Valley-Goose Bay Sunday night, only to settle for a booty of just two dozen beer.
Businesswoman says break-in was 'inevitable'  Lewisporte Pilot
Valeant picks up psoriasis drug after Amgen drops it on suicide fears
Ryan Remiorz/The Canadian PressValeant Pharmaceuticals could make payments totaling almost US$500 million to AstraZeneca for the rights for the psoriasis drug brodalumab.
Valeant Helps AstraZeneca to Focus  Wall Street Journal (blog)
UPDATE 1-Valeant picks up AstraZeneca psoriasis drug after Amgen exit  Reuters
Pengrowth Energy cutting dividend in response to low commodity prices
Pengrowth Energy Corp. is cutting its dividend by half in response to continued weakness in commodity prices. The Calgary-based oil and gas producer will chop the cash dividend to one cent per quarter in December, after making a previously scheduled ...
Pengrowth Announces New Dividend Policy to Strengthen Its Balance Sheet ...  CNNMoney
Pengrowth Energy Corporation: Pengrowth Announces New Dividend Policy to ...  The Wall Street Transcript