Talisman Energy, which has been approached by Spain's Repsol for a potential deal, reports a second-quarter loss net loss of $237 million, or 23 cents per share.
CALGARY - A First Nation says it has signed a deal with a Chinese company to explore and develop oil and natural gas on its land near Calgary.
Positive earnings news helped give the Toronto stock market a modest rise Tuesday morning. The S&P/TSX composite index was up 28.47 points to 15,473.69.
Inside the Market's roundup of some of today's key analyst actions. This file will be updated during the trading day. Raymond James analyst Chris Cox downgraded Athabasca Oil Corp.
Canadian stocks rose, headed for a record, as companies from WestJet Airlines Ltd. to Norbord Inc. surged on earnings that beat analysts' estimates.