Rogers Communications Inc. says its third-quarter profit declined more than 28 per cent as the telecom and media company pushed ahead with changes intended to improve its long-term performance.
TORONTO (Reuters) - The operator of Canada's biggest stock exchange plans to launch a trading option for investors not using speed-based strategies, in what appears to be a direct response to the threat presented by incoming player Aequitas.
Canadians may be buying more car than they can afford, and banks are making themselves vulnerable by allowing it, ratings agency Moody's said Thursday.
The first of the Canadian oilsands producers are noting the impact of a lower price for oil and increased development costs for new projects as they report third-quarter earnings.
U.S. stocks rallied Thursday, boosted by strong third-quarter earnings from Caterpillar Inc. and other companies. The Dow Jones Industrial Average climbed 275 points, or 1.7%, to 16736.