Canada's main stock index gained on Monday as buoyant metal prices helped mining stocks rise and investors cheered first-quarter results from Restaurant Brands International Inc. Restaurant Brands, formed by Burger King's takeover of Canadian coffee ...
Precision Drilling (PDS +1.6%) opens higher after its Q1 earnings plunge 76% Y/Y on a 24% drop in revenue, but results beat expectations as job cuts and other cost-cutting measures helped maintain margins despite a steep decline in drilling activities.
Sobeys Inc., the country's second largest grocer, is poised to gain more clout in its key Atlantic Canada market thanks to a proposed supermarket deal announced over the weekend.
The Fitch ratings agency has downgraded Japan's credit after the government failed to go through with a plan to increase sales taxes in its budget.
Construction on a new light rail transit line along Finch Avenue West will begin in 2016 and be completed in five years, according to the Ontario minister of transportation.