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.
According to a study completed by the Fraser Institute the tax system is much more difficult to understand than it was in the 1990's.
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.